CNN Host Gets OWNED by Kevin O’Leary (See also TIMCAST’S take on this)
“Shark Tank” co-star Kevin O’Leary said Monday he will “never” invest in the “Mega-loser state” of New York following a judge’s ruling in former President Donald Trump’s civil trial.
Shark Tank’s Kevin O’Leary condemns AG Letitia James and Judge Arthur Engoron’s corrupt and baseless ruling against Donald Trump
“I would NEVER invest in New York now! And I’m not the only one saying that!”
“This $4 billion data center I’m talking about – not a chance I would put that in New York! Zero probability! Never!”
“I’m shocked at this. I can’t even understand or fathom the decision at all. There’s no rationale for it.”
“Every investor is worried because where is the victim? Who lost money? What does this say about the legal bar in New York? Aren’t they going to question this judge?”
“$355 million as a penalty plus interest at 9%, and there’s no victim?”
O’Leary said Governor Kathy Hochul’s “words fall on deaf ears to everybody. There’s nothing she can say to justify this decision.”
“This is a New York problem now.”
🚨NEW: Shark Tank’s Kevin O’Leary condemns AG Letitia James and Judge Arthur Engoron’s corrupt and baseless ruling against Donald Trump.
🔥🔥🔥
“I would NEVER invest in New York now! And I’m not the only one saying that!”
Neil Cavuto asked about what Gov. Kathy Hochul said about this decision not affecting other businesses.
“Every investor is worried because where is the victim? Who lost money? This is some arbitrary decision by a judge. What does this say about the bar, legal bar in New York? Aren’t they going to question this judge? What is this??
$355 million as a penalty plus interest at 9%, and there’s no victim?
Her words fall on deaf ears, there’s nothing she can say that will justify this decision.”
CHARLES PAYNE BONUS!
Charles Payne delivers a powerful takedown of New York Democrats over political persecution of Trump and the impact on NY City:
Hamas’s 10/7 attack is something like Israel’s 9/11, only worse. Israel’s death toll has hit more than 350. Adjusting for population and measuring by the deaths inflicted so far, Israel has suffered (is suffering) an attack that is something like three times more damaging than 9/11.
Hamas is a genocidal terrorist organization. It is waging war by atrocity, as it always does. The fire this time should be its last.
As I write on 10/8, Hamas’s attack continues and deaths mount. Israel seems not yet to have concluded the fighting on its own territory.
The Israeli intelligence, defense, and political establishments were caught napping. The complete failure of intelligence is comparable to the one that preceded the Yom Kippur War 50 years ago.
Speaking of the Yom Kippur war, we can infer that the attack was timed to coincide with its 50th anniversary. Given the planning and preparation that preceded the attack, disruption of Israel’s possible peace with Saudi Arabia must constitute an added benefit rather than its immediate object.
By comparison with the Yom Kippur War, it seems to me that the consequences of this war are more dire and the effects more difficult to contemplate. Last night Prime Minister Netanyahu declared that Hamas would be destroy Hamas’s military and governmental capabilities. What happens next?
Hamas has taken numerous hostages and removed them to Gaza. The Israeli embassy to the United States is reporting that 100 soldiers and civilians have been kidnapped. So long as Hamas holds these hostages, it will necessarily constrain Israel’s freedom of action to achieve its stated objectives, as does Israel’s meticulous compliance with the laws of war. The IDF is not free to combat savagery with savagery.
As Elliott Abrams puts it at NRO: “There is no way around the fact that Hamas has new assets and that future negotiations over the captured Israelis will be excruciating. That is one reason a government of national unity is called for — to stop opposition parties from politicizing tough decisions by making them partly responsible for Israeli policy in the coming months.”
Hezbollah aggravates Israel’s military challenge at present. Their forces and their arsenal exceed Hamas and hold Lebanon in thrall.
The intelligence and readiness failures underlying Yom Kippur War brought down the government of Prime Minister Golda Meir. The government of Prime Minister Benjamin Netanyahu faces the same after a commission of inquiry does its work.
Iran is of course behind this war: Hamas spokesman Ghazi Hamad tells the BBC that Iran gave its support to the Palestinian terror group to launch its surprise multi-front attack on Israel on Saturday. Yet the Biden administration remains in doubt about that.
Which raises the question of our own failure of intelligence. Thus spake National Security Advisor Jake Sullivan only a few days ago. This didn’t age well. Unfortunately, these people are incapable of shame.
When a country is attacked, the only appropriate course is to respond with massively disproportionate force, as we did against the Japanese in World War II. Israel should treat Gaza as the Allies treated Dresden and other German and Japanese cities to end that war. Israel made a mistake in withdrawing from Gaza, and Gaza has been a thorn in its side ever since. This should be the last time.
…. the FEDERALIST discusses overwhelming power to unconditional surrender. Here is a good addition by them:
What does unconditional surrender look like? Let history be our guide. As Allied forces swept into Germany in 1945, tin plates bearing this proclamation from Gen. Eisenhower were nailed to posts and walls in both English and German:
I, General Dwight D. Eisenhower, Supreme Commander Allied Expeditionary Force, do hereby proclaim as follows:
The Allied forces serving under my command have now entered Germany. We come as conquerors, but not as oppressors. In the area of Germany occupied by the forces under my command we shall obliterate nazism and German militarism. We shall overthrow the Nazi rule, dissolve the Nazi party and abolish the cruel, oppressive and discriminatory laws and institutions which the party has created. We shall eradicate that German militarism which has so often disrupted the peace of the world. Military and party leaders, the Gestapo and others suspected of crimes and atrocities will be tried and, if guilty, punished as they deserve.
Supreme legislative, judicial and executive authority and powers within the occupied territory are vested in me as Supreme Commander of the Allied forces and as military governor, and the military government is established to exercise these powers under my direction. All persons in the occupied territory will obey immediately and without question all the enactments and orders of the military government. Military government courts will be established for punishment of offenders. Resistance to the Allied forces will be ruthlessly stamped out. Other serious offenses will be dealt with severely.
All German courts and educational institutions within the occupied territory are suspended. The Volksgerichtshof, the Sondergerichte, the SS police courts and other special courts are deprived of authority throughout the occupied territory. Reopening of the criminal and civil courts and educational institutions will be authorized when conditions permit. All officials are charged with the duty of remaining at their posts until further orders and obeying and enforcing all orders or directions of military government or the Allied authorities addressed to the German Government or the German people. This applies also to officials, employees and workers of all public undertakings and utilities and to all other persons engaged in essential work.
DWIGHT D. EISENHOWER, General, Supreme Commander, Allied Expeditionary Force
Not only that, but you know there are non-thinking Lefties in the Biden administration’s Office of Palestinian Affairs when they deleted a post advising Israel not to retaliate after Saturday’s massive attack by the Islamist group Hamas, according to multiple reports.
The United States’ Office for Palestinian Affairs has deleted a post from their X account that called for Israelis to “refrain from violence and retaliatory attacks” in response to Hamas attacking Israel.
The post on X had said “We unequivocally condemn the attack of Hamas terrorists and the loss of life that has incurred. We urge all sides to refrain from violence and retaliatory attacks. Terror and violence solve nothing.”
Of course the anti-Israel schills on the media (MSNBC, CNN) are saying the quite part out load. But the DEMOCRAT SOCIALISTS OF AMERICA take the cake (BREITBART):
The Democratic Socialists of America (DSA) will host an “All Out for Palestine” rally in New York’s Times Square on Sunday, gathering in the wake of the Hamas terrorist attack on Israel that has claimed more than 500 lives and left several thousand more injured.
[….]
“The NYC-DSA is revealing itself for what it truly is: an antisemitic stain on the soul of America’s largest city.”
THE NEW YORK POST notes that the organizers are telling people “Wear a mask so you’re not recognized.” Kinda like the KKK. They go on to rightly note that “The DSA is the party of Ilhan Omar, Cori Bush, Rashida Talib — and oh yes, New York’s very own Alexandria Ocasio-Cortez and Jamaal ‘Fire Alarm’ Bowman.” RED STATE has a good post on this, and put the onus on these far-Left Democrats in office:
In case that isn’t clear, they’re not advising wearing a mask for COVID protection; they’re advising masks and not posting pictures so they can’t be identified by the police when the “action” starts to go potentially criminal.
So here’s a good question for reporters: Ask AOC and her other DSA-associated brethren in Congress their opinion on this “action” by the DSA. Put them on the spot and hold them accountable for such actions. Ask if they will renounce this group that is now explicitly supporting such attacks. I doubt you will get any kind of honest response. Many people called out the association with the Democrats and called out this “protest.”
Elmhurst Hospital has always been the fly in the ointment. Until now that is. Although, Erin Marie Olszewski’s work has been shown before — I think the presentation in the below is memorable due to time.
GOVERNMENT CRIMES:They paid doctors and nurses to murder innocent patients. They faked Covid cases and deaths to instill fear in the population. They denied safe early treatments murdering millions of innocent people. They forced ineffective toxic Covid vaccines on the world.
They Censored anyone sharing life saving early treatment information and anyone who warned about the dangers of the Covid vaccines. The Governments willfully committed crimes against humanity.
So, I debated on whether to add this to our (Chris L. and myself conversation, posted HERE) earlier conversation, but, I decided to post it separately. So, in the same conversation he finally took a jaunt over to my MINIMUM WAGE portion of my ECON 101 page. He still doesn’t know why the minimum wage was used during the Davis/Bacon Act days (a), why the apartheid unions in South Africa used it (b), and why unions here use it and which community it hurts the most (c) — but at least he a c t u a l l ywent to my link… and got it all wrong – lol:
…An even more insidious substitution effect of minimum wages can be seen from a few quotations. During South Africa’s apartheid era, racist unions, which would never accept a black member, were the major supporters of minimum wages for blacks. In 1925, the South African Economic and Wage Commission said, “The method would be to fix a minimum rate for an occupation or craft so high that no Native would be likely to be employed.” Gert Beetge, secretary of the racist Building Workers’ Union, complained, “There is no job reservation left in the building industry, and in the circumstances, I support the rate for the job (minimum wage) as the second-best way of protecting our white artisans.” “Equal pay for equal work” became the rallying slogan of the South African white labor movement. These laborers knew that if employers were forced to pay black workers the same wages as white workers, there’d be reduced incentive to hire blacks.
South Africans were not alone in their minimum wage conspiracy against blacks. After a bitter 1909 strike by the Brotherhood of Locomotive Firemen and Enginemen in the U.S., an arbitration board decreed that blacks and whites were to be paid equal wages. Union members expressed their delight, saying, “If this course of action is followed by the company and the incentive for employing the Negro thus removed, the strike will not have been in vain.”
Our nation’s first minimum wage law, the Davis-Bacon Act of 1931, had racist motivation. During its legislative debate, its congressional supporters made such statements as, “That contractor has cheap colored labor that he transports, and he puts them in cabins, and it is labor of that sort that is in competition with white labor throughout the country.” During hearings, American Federation of Labor President William Green complained, “Colored labor is being sought to demoralize wage rates.”
Today’s stated intentions behind the support of minimum wages are nothing like yesteryear’s. However, intentions are irrelevant. In the name of decency, we must examine the effects….
…The white labor unions and other white supremacists lobbied for other regulations which, in effect, prohibited blacks from being hired. These groups demanded that the hiring of blacks and other nonwhites be subject to the same compulsory employer compensation and minimum wage requirements granted to white union members. The intent of such legislation, Williams contends, is obvious. Such labor laws took away the only bar-gaming chip available to the blacks and other non-whites—their willingness to work for a lower wage. Many whites recognized this. In 1925, for example, the report of the Mining Regulations Commission proposed a mandatory system of minimum wages per job “in order to rescue the European miner from the economic fetters which at present render him the easy victim of advancing native competition.”
Contrary to the view accepted by many on the political left, apartheid is not the result of white businessmen attempting to maximize profits by enslaving cheap black labor. It is instead a product of political privilege. Says Williams:
The mere existence of South Africa’s extensive racial regulatory laws is evidence enough that racial privilege is difficult through free market forces. Consider South Africa’s job reservation laws, which mandate that certain jobs be performed by whites only . . . . The presence of job reservation laws suggests that at least some employers would hire blacks in the “white jobs.” The fact that they would hire blacks to do white jobs neither requires nor suggests that these employers be necessarily any less white supremacist than anyone else. It does suggest that those employers who would hire blacks considered such a course of action to be an attractive alternative because blacks were willing to work for lower wages—“uncivilized wages”—than white workers. The business pursuit of profits—which caused employers to be less ardent supporters of the white supremacist doc-trine-has always been the enemy of white privilege. This is why South African white workers resorted to government.
“The whole ugly history of apartheid has been an attack on free markets and the rights of individuals, and a glorification of centralized government power,” Williams concludes. Only when South Africa’s people—black, white, or colored—“de-dare war against centralized government power” will there be genuine progress toward freedom. Walter Williams’ new book provides powerful intellectual ammunition for that war.
There is no inherent reason why low-skilled or high-risk employees are any less employable than high-skilled, low-risk employees. Someone who is five times as valuable to an employer is no more or less employable than someone who is one-fifth as valuable, when the pay differences reflect their differences in benefits to the employer.
This is more than a theoretical point. Historically, lower skill levels did not prevent black males from having labor force participation rates higher than that of white males for every US Census from 1890 through 1930. Since then, the general growth of wage-fixing arrangements: minimum wage laws, labor unions, civil service pay scales, etc. has reversed that and made more and more blacks unemployable despite their rising levels of education and skills: absolutely and relative to whites.
And here’s the “money quote”:
In short, no one is employable or unemployable absolutely, but only relative to a given pay scale.
And that highlights the essence of the economic logic that explains why the most vulnerable workers (low-skilled, uneducated, teenagers, etc.) are the group that is most harmed by minimum wage laws — those laws artificially raise the wages of low-skilled workers without increasing their productivity, and therefore significantly reduce their employability relative to higher-skilled workers.
For example, in the study from the team of researchers at the University of Washington on Seattle’s $15 an hour minimum wage, they reported (emphasis added):
Our preferred estimates suggest that the Seattle Minimum Wage Ordinance caused hours worked by low-skilled workers (i.e., those earning under $19 per hour) to fall by 9.4% during the three quarters when the minimum wage was $13 per hour, resulting in a loss of 3.5 million hours worked per calendar quarter. Alternative estimates show the number of low-wage jobs declined by 6.8%, which represents a loss of more than 5,000 jobs.
The work of least-paid workers might be performed more efficiently by more skilled and experienced workers commanding a substantially higher wage.
Bottom Line: Thomas Sowell’s comments illustrate an economic reality that is frequently overlooked: Workers compete against other workers (not employers) to find jobs and get the highest wages. Employers compete against other employers to find the best workers. In other words, low-skilled workers compete against high-skilled workers in the labor market. Low-skilled workers who would be employable at a low wage become unemployable at an artificially higher wage. And that explains the perverse cruelty of minimum wage laws: it inflicts the greatest harm on the very workers it is allegedly designed to help.
However, this is not the reason for this post. I merely wanted to show the hubris out there in stating propaganda (not intentionally, just in ignorance). Here is the portion that that I wanted to highlight and respond to. Here is the video so people can glean context:
So, here are the main points of the above:
Minimum wage is still not $15.00 an hour
It is $13.50 and in 2021 will be $13.69 (which he is right about, but we are talking about SEATTLE)
[QUOTE] “Sean Giordano this is why I & everyone else should dismiss what ever you post. First minute & a half & anyone can prove she’s full of shit” [UNQUOTE]
New York (remember, she said New York CITY) does not have $15.00 minimum wage, they are near $11.80
California isn’t even over %15.00 an hour
THEY ARE FULL OF SHIT!!
So my first response is to points #1 and #2
The Prager U video specifically mentions Seattle and New York City. This is key. I used two websites to find the current minimum wage in Seattle, Washington: MINIMUM-WAGE.ORG and SEATTLE GOVERNEMNT’S website. In the conversation I noted this many times, but granted, I wasn’t clear.
During the long discussion that followed a few paths, what I learned is that franchises are all included together as a large business. So if I were to franchise, say, The Brass Tap (bar/restaurant chain focuses mostly on its craft beer offerings), if the franchises nationwide have 501 employees, the tips earned do not lower the to $13.50. To make the point clearer I made a crude version:
A sad article of sorts was this one detailing the info:
SEATTLE — The U.S. Supreme Court will not hear a challenge to Seattle’s $15-an-hour minimum wage from franchise owners who say the law discriminates against them by treating them as large businesses.
Seattle was one of the first cities in the nation to adopt a law aiming for a $15 minimum wage, giving small businesses employing fewer than 500 people seven years to phase it in. Large employers must do so over three or four years, depending on whether they offer health insurance to their employees.
Five franchises and the International Franchise Association sued the city, saying the law treats Seattle’s 623 franchises like large businesses because they are part of multistate networks. But the franchises say they are small businesses and should have more time to phase in the higher wage.
[….]
“Seattle’s ordinance is blatantly discriminatory and affirmatively harms Seattle hard-working franchise small business owners every day since it has gone into effect,” Robert Cresanti said in a statement. “We are simply attempting to level the playing field for the 600 local franchise business owners employing 19,000 people in Seattle.”….
Remember, Seattle has a higher minimum wage than the rest of the state.
The minimum wage in New York City is $15.00 per hour. The New York State Department of Labor oversees wage regulations in New York State. Businesses employing people in New York State should be aware of wage requirements and regulations.
After December 31, 2019, all employees in New York City must be paid at least $15.00 per hour. …
#5 deals with California as a state
However, just like New York state/New York City and Washington state/Seattle, so to goes California. There are many cities in California that have differing minimum wage laws than the state. Here is just one example (click to enlarge):
So, there are a couple numbers not dealt with yet…
they are numbers #3 and #6
#3 [QUOTE] “Sean Giordano this is why I & everyone else should dismiss what ever you post. First minute & a half & anyone can prove she’s full of shit” [UNQUOTE]
If the opposite of Chris L’s premise is in fact shown, and if his position is “true” of me — that is: “why I & everyone else should dismiss what ever you post.” Why should I, or we, not dismiss whatever he says. I mean, he is full of shit (#6!!).
Later in the conversation discussion about the effects of minimum wage hurting restaurants, to which Chris posted the following:
I merely responded with
The hospitality group, which lobbies on behalf of the restaurant and hotel industry, concluded that Seattle was the hardest-hit city in Washington state, with 624 bars and bistros that have permanently shut down. (BLOG.RESTUARANT)
So, if 29 opened up DESPITE minimum wage and covid… would the 624 be closed BECAUSE of the minimum wage and covid?
