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President Trump Delivers Brief Remarks During Day Two of NYC Civil Trial

President Trump delivered remarks to the assembled media in New York City on day two of the civil proceedings against his business interests in New York.

The essential and key point raised by President Trump in his remarks below, is something we have noted and emphasized. All the banks and lenders did their own due diligence on financing terms with Donald Trump.  All operational loans and Trump Org. business loans were paid back.  There were no defaults or banking interests adversely impacted. There are no victims of what the State calls “fraud,” yet this judge is ruling the Trump organization must dissolve all business interests in the state and exit within 10 days.

New York Attorney General Latisha James campaigned for office with promises to target the Trump Organization and Donald Trump himself.  This is malicious Lawfare in the extreme and regardless of this specific judge’s rulings, the appellate division is likely to intervene.  WATCH:

Additionally, Judge Arthur Engoron admonished President Trump for posting information on his social media account critical of court clerk Allison Greenfield.

“Personal attacks on members of my court staff are unacceptable, inappropriate and I will not tolerate them in any circumstances. Consider this statement a gag order forbidding all parties from posting, emailing or speaking publicly about any of my staff,” Engoron said. “Failure to abide by this order will result in serious sanctions.”

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The Rebellion Is Alive – Matt Gaetz Succeeds, Kevin McCarthy Has Been Removed as House Speaker

In a historic first the House of Representatives has voted to remove Kevin McCarthy from his position as Speaker of the House.

Kevin McCarthy is officially removed.

[SOURCE]

WASHINGTON DC – Democrats joined with Rep. Matt Gaetz (R-Fla.) and his small group of conservative allies to vote to strip Kevin McCarthy of his gavel Tuesday. It’s unclear who would succeed McCarthy long term, though his allies expect he will try to run for speaker again.

Eight Republicans voted against McCarthy: Reps. Eli Crane (Ariz.), Ken Buck (Colo.), Andy Biggs (Ariz.), Matt Rosendale (Mont.), Matt Gaetz (Fla.), Bob Good (Va.), Nancy Mace (S.C.) and Tim Burchett (Tenn.).

Three House leaders have been floated as potential long-term replacements: Majority Leader Steve Scalise (R-La.), Whip Tom Emmer (R-Minn.) and Conference Chair Elise Stefanik (R-N.Y.). All three have disavowed any interest in replacing McCarthy — a reality that could change now that the Californian is officially out. (read more)

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Livestream – The Big Ugly Is Raging – The House of Representatives Debates the Removal of Kevin McCarthy

The House of Representatives is currently debating the removal of House Speaker Kevin McCarthy.  Earlier today, Democrats unanimously joined with Rep. Matt Gaetz (R-Fla.) and 11 conservatives to support advancing the speaker’s removal.    Now Matt Gaetz is defending himself.

(Via Politico) – The Republicans who voted to proceed to a final vote on evicting McCarthy were Reps. Warren Davidson (Ohio), Eli Crane (Ariz.), Ken Buck (Colo.), Victoria Spartz (Ind.), Andy Biggs (Ariz.), Matt Rosendale (Mont.), Matt Gaetz (Fla.), Bob Good (Va.), Nancy Mace (S.C.), Tim Burchett (Tenn.) and Cory Mills (Fla.). Spartz has already said she plans to flip her stance and ultimately support keeping McCarthy on.

The House is expected to take a final vote on McCarthy’s leadership Tuesday afternoon.  Livestream Link:

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Tucker Carlson and Victor Davis Hanson Discuss the Targeting of Donald Trump by a Corrupt and Weaponized Government

For his latest episode and discussion, Tucker Carlson outlines how and why the U.S. Government is targeting President Donald Trump in a full-frontal effort to remove him from the American political landscape.  {Direct Rumble Link}

Tucker is joined by Victor Davis Hanson who expands on the insight to explain how we are in a revolutionary phase in American politics.  Every government weapon is being deployed against President Trump to take his wealth, destroy his family, remove his political viability and lock him in a prison cell. WATCH:

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A Strong Possibility Twitter Will IPO and Go Public Again, Here’s Why

I wasn’t going to write about this, but so many requests and contacts have come in, and considering that my background conversations with people are leading to actionable positioning, that I feel it is only fair to share publicly what I am analyzing privately.

The predicate for all assumptions is several fold: {Go Deep One} and {Go Deep Two}. Most of the financial groundwork for analysis already exists. In summary, Elon paid $44 billion for the platform. Current valuations are around $15 billion.  Current debt service is $1.5 billion/yr (roughly $100m/mo).  Current expenses include $100m/yr AWS, $100m/yr Goog cloud (both contracts), +payroll and misc.

Approximately 9 months ago, Musk had $1 billion in cash reserve for Twitter.  The burn rate deficit was roughly $100m/month. That put timeline estimates for an inflection point on/around October 2023.  It is now October 2023.

Approximately a week ago, Twitter CEO Linda Yaccarino made a bold statement.  Yaccarino stated that from her review of the current status, Twitter would start to turn a profit in the first quarter of 2024 {link}.  However, with $100 million per month in debt service alone, this statement seemed too far of a stretch.  At pre-musk levels of revenue, maybe; but that $1.5 billion debt service is a heavy nut to carry.

Timing – Remember, it’s October.  Last Friday, the Securities and Exchange Commission (SEC) gave special regulatory approval to Bill Ackman’s firm, Pershing Square (hedge fund), for a new investment vessel called SPARC, whose purpose is to invest in private companies in order to take them public.  As noted by CNBC, “In a SPARC, investors will know what company the financing vehicle would be used to merge with before they have to pledge their investments.”  The financial mechanism avoids some of the issues with typical IPO’s.

•It’s October, inflection time.  •Yaccarino says a strategy is underway for profitability in Q1 2024.  •Ackman gets SPARC approval, and then suddenly:

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Gavin Newsom Picks Black, Lesbian, EMILY’s List President Laphonza Butler, a Resident of Maryland, to Fill Vacant California Senate Seat

Not only does she check all the progressive boxes needed to keep the various subsets of coalitions together, black, lesbian, abortion specialist etc; but Laphonza Butler also comes from the ideological stable and network of Barack Obama/Oprah Winfrey and was a former advisor to Kamala Harris.  The fact that Butler lives as a registered voter in Maryland was a trifle issue of no consequence, all things considered.

The announcement before Dianne Feinstein is even buried is simply a reflection of how the Obama network views people as disposable once their usefulness is exhausted.  The media need to play up the “narrow margin, votes are needed” angle in order to pretend the impropriety is unavoidable.

(VIA POLITICO) – California Gov. Gavin Newsom will appoint EMILY’s List President Laphonza Butler to fill the seat of the late Sen. Dianne Feinstein, elevating the head of a fundraising juggernaut that works to elect Democratic women who support abortion rights, according to a person familiar with the decision.

Newsom is moving swiftly to name the next senator, two days after Feinstein’s death and just as a perilously split Congress narrowly averted a government shutdown. Senate Democrats are in need of every vote in the closely divided chamber.

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Matt Gaetz Gives Press Conference on Capitol Steps

The DC media chased Matt Gaetz after the representative from Florida filed a motion to vacate Kevin McCarthy from the speakership. WATCH:

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Matt Gaetz Formally Files Motion to Vacate the Chair and Remove Speaker Kevin McCarthy

Congressman Matt Gaetz (MAGA-FL) has followed through with his stated opposition to Kevin McCarthy after the passage of a blank check 45-day continuing resolution supported by Democrats.

Taking to the House floor today, Representative Gates filed his official motion to vacate the chair.  WATCH:

 WASHINGTON DC – Kevin McCarthy is officially facing the test that’s plagued his entire speakership: conservatives forcing a vote to oust him.

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Canadian Radio and Telecommunications Commission Requires Podcasters and Platform Providers to Register With Government – “Meaningful Content” Will Be Monitored

Comrades, all your speech are belong to us…

In order to control information that may be averse to the regime in charge, various totalitarian government operations require registration.  The registration process generates a permit that can then be leveraged against any operation that doesn’t conform to the regime fiats.

A few days ago, the North American hub of speech and information control known as Canada, announced that all internet hosting platforms that give voice to podcasters must register with the government.

Additionally, it appears that any podcast who wishes to provide information must also register.  The users and viewers do not need to register, only those providing the content.

Gee, I wonder who the core target is here?

CANADA – Today, the CRTC is advancing its regulatory plan to modernize Canada’s broadcasting framework and ensure online streaming services make meaningful contributions to Canadian and Indigenous content.

On May 12, 2023, the CRTC launched its first public consultations. After thoroughly examining all the evidence on the public record, including over 200 interventions, the CRTC is issuing its first two decisions.

First, the CRTC is setting out which online streaming services need to provide information about their activities in Canada. Online streaming services that operate in Canada, offer broadcasting content, and earn $10 million or more in annual revenues will need to complete a registration form by November 28, 2023. Registration collects basic information, is only required once and can be completed in just a few steps.

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RFK Jr. Internal Polling Revealed – In a 3-way Race, Robert Kennedy Jr. Takes Away the Trump Lead Over Biden

The truth has no agenda, and it certainly doesn’t care about your feelings. Remember that, because it is the core of this assembly.

RFK Jr. recently spoke of internal polling showing that his third-party independent run would pull more votes from Trump than Joe Biden.  Many people refused to believe the statement and demanded to see the polling.  Well, here it is:

[SOURCE]

You will notice the Joe Biden percentage of voters (38%) doesn’t change when Robert Kennedy Jr. is added to the equation as a third-party independent candidate.  However, the Trump support drops from 40% to 38%, essentially wiping out the lead that President Trump would hold in a general election over Joe Biden.

Given the intellectually honest assessment that RFK Jr., as an independent run, could never win the general election, it may annoy some people to accept his decision to run as an independent only carries one motive – to reduce the Trump vote.  However, as much as you may not want to accept that reality, the data is clear – and it makes sense.

Many right-leaning or politically homeless Trump voters have spent a great deal of time celebrating the positions of RFK Jr. and projecting a positive opinion toward him.  After thinking positively about him for so long, having to accept that RFK Jr. may not be as decent, honorable and/or altruistic in his intentions can be a painful admission.  I get it; but the reality of the situation doesn’t change.

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