@SawyerMerritt That’s cool, but I wish they’d fix speed problem on FSD. It’s awful. My truck doesn’t slow down from 65 to 25 going thru small town. Among other serious speed issues.
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Alert -- Critical announcement:
Under the banner of The Oversight Project, I am opening a new law firm that I will lead to combat government weaponization of all types, but especially abuses of congressional and state legislative branch oversight, perversion of bar discipline processes, and securing the dismissal of bogus criminal indictments.
We already have a small team of dedicated lawyers with Article I, Article II, and/or Article III branch experience at the federal level and state government experience as well. You would join them and me in this important effort to turn our country around.
We will be expanding our size and footprint significantly.
So, if you're a lawyer at any stage of your career, who is patriotically and publicly spirited and who is fed up with Lawfare, Barfare, Weaponization, and efforts to turn The Law into mechanized Marxism on the move, and who wants to see the legal system reformed to consign that nonsense as quickly as possible to the discarded refuse and circular files of courts, bar administrative apparatuses, and regulatory agencies, as appropriate, please review our announcement here:
https://t.co/BTqNgADLVk
Please send your resume and a cover letter to:
[email protected]
It's time the conservative and populist movements had their own dedicated law firm instead of watching cancers on our dear Republic -- like the 65 Project and LDAD and anything within two concentric circles of Norm Eisen or Marc Elias -- grow and metastasize.
Join us!
@ItsYourGov@MHowellTweets
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Toys R Us was profitable. Private equity bought it anyway, and 33,000 people lost their jobs with nothing.
In 2005, Bain Capital, KKR, and Vornado Realty Trust bought Toys R Us in a leveraged buyout for $6.6 billion.
Here's the part that gets skipped: the company itself was making money. It wasn't failing. It wasn't asking to be saved.
But in a leveraged buyout, the firms don't pay with their own money. They borrow against the company they're buying, and the debt becomes the company's problem, not theirs.
Toys R Us went from having almost no debt to carrying over $5 billion in loans it never asked for and never benefited from.
Every year after that, a huge share of the company's profit went straight to interest payments instead of stores, inventory, or staff. The stores got run down. Amazon and Walmart kept eating market share. Toys R Us couldn't invest its way out because there was nothing left after the debt.
In 2017 it filed for bankruptcy. In 2018 it liquidated completely.
33,000 employees lost their jobs. Store closures. No severance for most of them.
Giovanna De La Rosa worked there for years. She testified before Congress on November 19, 2019, describing what it meant to lose her income with nothing after decades of loyalty to a company that had been profitable the entire time she worked there.
The firms that bought it walked away having collected management fees for over a decade, regardless of outcome.
Here's the sentence that explains the entire model: the buyers cannot lose. The debt belongs to the company. The fees get collected either way.
They didn't buy a business to grow it.
They bought a business to extract from it, and left 33,000 people holding what was left.
As we approach the 25th anniversary of the 9/11 terrorist attacks, I want to take a moment to remember the heroic leadership of former New York City Mayor Rudy Giuliani.
I was a New Yorker at the time of the attacks and had witnessed his leadership firsthand during my years as a member of the NYPD.
September 11, 2001, was one of the darkest days in American history. In the difficult days that followed, Mayor Giuliani provided the calm, steady, and reassuring voice New Yorkers—and our nation—needed to help guide us through the tough days that followed.
His leadership during that moment in history should never be forgotten.
@stevegrubershow What does bank of America have anything to do with it? Not pertinent. Every news source parrots the same nonsense. The 68 year old didn’t have an impressive job title so he’s just an old man then?
Derek Chauvin was unjustly convicted of murder, therefore he should be freed.
The facts show that he was not the cause of death, nor did he at any time intend for a death to occur. Whatever else he may be, he is not a murderer.
That is the truth.