[Market Watch] Leslie Wexner, the billionaire behind Victoria’s Secret, said his former money manager Jeffrey Epstein misappropriated more than $46 million of his fortune, revealing for the first time some of the financial fallout from his relationship with the disgraced financier.
In a letter Wednesday, the founder and chief executive of L Brands Inc. LB, -0.46% wrote to members of his Wexner Foundation that the missing funds were uncovered after Wexner decided in 2007 to sever ties with Epstein. Wexner began the separation process after allegations against Epstein surfaced involving sexual abuse of underage girls.
"We discovered that he had misappropriated vast sums of money from me and my family," Wexner wrote in the letter, which was reviewed by The Wall Street Journal. "This was, frankly, a tremendous shock, even though it clearly pales in comparison to the unthinkable allegations against him now." Shocked I tell you, SHOCKED !
In January 2008, Epstein transferred $46 million worth of investments to a Wexner charitable fund, tax records show. Wexner said the transfer was only a portion of the funds that his money manager had allegedly misappropriated. "All of that money ‐ every dollar of it ‐ was originally Wexner family money," he wrote. Last month, Epstein pleaded not guilty to sex-trafficking charges stemming from what federal prosecutors alleged was a yearslong scheme to procure and sexually abuse dozens of girls. He faces up to 45 years in prison if convicted. Epstein has been denied bail and is in federal custody.
The Cut - “It’s a weird relationship,” a Wall Streeter who reportedly knew Epstein told New York at the time. “It’s just not typical for someone of such enormous wealth to all of a sudden give his money to some guy most people have never heard of.”
Mr. Wexner may have been provided some very specific instructions. Perhaps Ghislaine Maxwell could shed some light on ths apparent mystery.
[NYT] Representative Ayanna Pressley broke with traditional diversity politics last month when she said at a conference in Philadelphia, "we don’t need black faces that don’t want to be a black voice." Instead, "we need you to represent that voice."
The members of the so-called squad who were also on the panel nodded in agreement. They are the defiant and unapologetic voices of the communities that produced them. Since being elected last fall, these four progressive Democratic congresswomen have pushed the limits of what most liberals mean by the contested term "diversity. "
Some of their colleagues may have preferred that they simply come in and add color to the room ‐ but in every other way behave as their long-established white predecessors have.
But they have a different agenda. They have a transformative notion of diversity that comes with a different set of expectations and metrics. They insist on bringing the concerns of historically marginalized communities into the rooms where decisions are made, even when that is seen as impolite or inappropriate.
This is evident through their politics, priorities and style ‐ not only their presence. Consider Rashida Tlaib’s "Lift + Act" bill, which comes as close as any to advancing the radical economic principle of universal guaranteed income that Martin Luther King Jr. so eloquently advocated some 50 years ago.
They’re exposing the false belief that American foreign policy is infallible. This is exemplified by their critique of Washington’s unconditional support for Israel. And recall the memorable hearing in February when Ilhan Omar challenged Elliott Abrams, a Trump administration official, over his role in supporting Central American death squads in the 1980s.
All of them, along with some other Democrats, have called for the outright abolition of Immigration and Customs Enforcement because of its widely publicized mistreatment of migrant families and children.
The squad understands that "diversity" is meaningless if the measure of success is "sameness." The congresswomen are choosing to do politics a different way because they recognize that Congress has never worked for their communities.
[World Tribune] When one thinks of the Council on Foreign Relations, images of a powerful, moneyed and thoroughly connected edifice come to mind. So it’s a bit surprising to discover that this group that so epitomizes well-heeled globalism depends upon funding by rich foundations and corporate donations like so many smaller activist organizations do.
Alongside well-known leftist globalist foundations such as the Bill & Melinda Gates Foundation, the Ford Foundation, the Rockefeller Foundation and yes, of course, George Soros’s Open Society Foundations, a "grateful" CFR acknowledges the companies that "have provided support for specific projects and initiatives" undertaken by the group. CFR donor lists for 2016-17 and 2017-18 reveal that certain corporations sponsor specific programs dedicated to furthering the organization’s globalist and anti-nationalist agenda.
James M. Lindsay is a senior vice president at CFR who "oversees the work of the more than six dozen fellows in the David Rockefeller Studies Program." Globalization and Politics and Government are listed among his subjects of "expertise."
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[Babylon Bee] WASHINGTON, D.C.‐Congressional Democrats recently noticed a problem in our nation: many of the people who voted for Donald Trump have yet to be beaten up.
Our Democratic leaders in Washington decided it was time to solve this problem because they are really good at identifying problems we didn't even know we had and then solving them.
Presidential candidate Joaquin Castro, who spearheaded the program, explained, "The solution is simple and cost-effective: a national Trump Voter Registry, forcing anyone who voted for Trump to register so people around them will be able to be cautious and vigilant while living among such reckless hate."
Anyone who voted for Trump will have to sign up on the national registry's website. Then, their name and address will automatically appear on a map of the country so that their neighbors can avoid them and hopefully beat them up.
The bill also contains many other requirements for Trump voters:
They cannot live within 1,000 feet of a school, park, or civilized Democrat.
They must knock on all doors of other people in their neighborhood when they move in and identify themselves as a Trump voter.
They are required to wear their MAGA hats at all times so they can easily be identified as a legitimate target of harassment.
They must hire a crier to go before them and shout "SHAME! SHAME! SHAME!" whenever they go outside.
They are not allowed to get a job or conduct commerce unless they agree to get the Mark of Obama on their hand and forehead.
"With this new registry, we can finally have healing in our nation," said Nancy Pelosi. "Especially Trump voters. They'll have to have a lot of healing after they get punched in the face."
[Barley a Blog] How does one distill the worldview of the Democrats vying for their party’s presidential nomination?
Outrace each other on racial righteousness?
End Anglo-America? Welcome The World? Evict the unborn? Speak Spanish; English is your second language?
All the above‐and worse.
On display, again, during the second in a series of Democratic primary debates were the racial (read anti-white) dynamics.
Genial uncle Joe Biden, a meek WASP, bowed and scraped to his multicultural rivals, whereupon they set upon him like a flash mob; a multicultural mugging, Pat Buchanan called it.
Race‐more accurately, anti-white politics‐is the Democrats’ central cri de coeur. They have no other passion other than hounding and excommunicating others for what are thought crimes‐for thinking, speaking or tweeting in politically unpleasing ways.
But practicing ageism gives these social-justice warriors no pause. There’s no social justice for the aged in Democratic politics.
Leading the purge of the party’s elders was Eric Swalwell, a nasty bit of work who had mercifully dropped out after the first round of debates, late in June. At the time, Swalwell had demanded that older Democrats "pass the torch." "[I]t’s time to pass the torch to a new generation of Americans."
"If we are going to solve the issue, pass the torch. If we are going to solve climate chaos, pass the torch. If we want to end gun violence and solve student debt, pass the torch."
Swalwell obviously thought such ugly sloganeering was a winning strategy. And who can blame him? However, other than a writer for the cause at the Atlantic, the representative from northern California galvanized nobody with his call to expunge Democrats in their dotage. "The Millennial Left Is Tired of Waiting," said writer intoned. Curiously, that magazine is packed with verbally incontinent Millennials, yet still makes for a monotonous, monolithic read.
[Washington Examiner] President Trump suggested in a Wednesday afternoon tweet that he would rather watch CNN than Fox News anchor Shepard Smith.
"Watching Fake News CNN is better than watching Shepard Smith, the lowest rated show on @FoxNews," the president tweeted. "Actually, whenever possible, I turn to @OANN!"
Trump has recently been critical of the network and Smith has not been shy about pushing back.
Less than a week ago, the Fox News host ridiculed the president for doubting Russian interference. Trump questioned if Russia was interfering in U.S. elections after a reporter asked him. In response, Smith said, "It’s one of the more baffling things of a baffling presidency. There is no doubt that they are interfering, and yet, he goes, 'Do you believe that?' Yes, I believe it. I believe everyone in your government. I believe everyone is an intelligence apparatus. Of course I believe it."
Then last month, the president was critical of the Fox News poll that suggested the president would lose to either Joe Biden or Sen. Bernie Sanders.
[Babylon Bee] U.S.‐Scholars have long debated what the unforgivable sin is. Now one group of Bible experts says they've figured it out: it's whiteness.
The scholars revealed their updated translation of Jesus's words in Mark 3:
"Truly I tell you, people can be forgiven all their sins, but anyone who's white will never be forgiven. This is the eternal sin."
"People have proposed that when Jesus talked about the one unforgivable sin He was talking about denying Him repeatedly," Dr. Varucci Martinez said, addressing the coalition of scholars gathered to codify the new proposal. "But it's obvious now that it's being unrepentantly white. That's clearly the only thing God won't forgive you for: being a white person and not trying to do better and atone for it throughout your life."
Dr. Martinez then led the assembled scholars in a chant of "Do better! Do better!" before participating in a symbolic but also very literal hanging of a white man onstage.
Several Christian leaders suggested that white people either get a skin transplant, constantly moan about being white, or even just kill themselves if they want to repent.
"It seems like this still won't get you off the hook, since your whiteness is unforgivable, but maybe if God sees how much you hate yourself He'll have some leniency," they said.
Donald Trump’s opponents are completely unhinged. The hate and slander directed towards the president and his supporters is off the charts. The vitriol comes not just from the Democrat Party, the media, and the world of entertainment, but also from a sizable proportion of the federal bureaucracy and many seemingly ordinary people.
The media coordinates this campaign and amplifies the hate at every opportunity. Media twist every event, be it big or small, into a criticism of the president. The goal is always to present Trump in not just an unfavorable light but to make him appear too loathsome for polite society. And Trump is not the sole target of this demonization. It is directed at his supporters, too.
It's not directed at his supporters as some kind of afterthought. They HATE us, period. There isn't any making nice and there are no concessions sufficient enough, they HATE us. The people who voted for and will probably vote for the President again are commonly de-humanized and demonized as sub human.
Where it all leads is still up for grabs, where they want it to lead is painfully obvious.
Priority ONE: Keep stacking the courts. Then use the courts. For example: Covington students sued Hollywood and media leftists for slandering them. The suit was thrown out a few days ago. The kids filed another suit.
Cash is King. Bleed these peoples cash until they are in poverty. Go for the media, the DNC, the Hollywood cash.
You want to bleed the media? Go back to the 14/14 copyright, 14 years and an additional 14 to the individual artist/creator upon application. The sound you will hear will be an indication you are over target.
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.