On Monday, the New York Times reported that staffers at Deutsche Bank flagged multiple incidents of suspicious activity involving the accounts of President Donald Trump and Jared Kushner. But higher-ups ignored their warnings and continued doing business with Trump and Kushner.
In a CNN segment, journalist and political commentator John Avlon laid out the long history between President Trump and Deutsche Bank, which lent him billions of dollars despite his propensity for losing money.
“For all of you out there who were denied a mortgage despite a good credit score and liquidity, just because the big banks were running scared after the financial crisis of 2008? Do we have a story for you,” Avlon says. “Because one very big bank has stuck by one very controversial client for decades, through thick and thin — mostly thin, extending him 2.5 billion in loans, when other banks wouldn’t give him the time of day.”
Avlon points out that as Trump racked up debt in the 1990s, U.S. based financial institutions largely avoided him. But seeking a foothold in the U.S., Deutsche Bank lent him massive amounts of cash despite all of the red flags. That backfired on them after the financial crisis when Trump tried to wiggle out of contracts with the bank.
Of course, Trump has pledged to block Deutsche Bank executives from testifying before Congress.
“Why is Trump trying so hard to keep all this hidden?” Avlon wonders. He points to the president’s reaction to the original New York Times story that revealed most banks didn’t want to do business with him. Trump railed against the Times report in a tweet storm, denying that he’d had trouble finding other financial institutions to invest in him.
“If you believe that, I have a low-interest loan to sell you,” Avlon concludes.
Missouri official choose Dr. Seuss’ ‘Oh the Places You’ll Go’ for swearing-in ceremony instead of ‘The Bible’
A Missouri county official is being both celebrated and attacked after a decision to forgo The Bible for her swearing-in ceremony and opted for a copy of Oh, The Places You'll Go by Dr. Seuss.
The Friendly Atheist at Patheos captured the story, posting a photo of St. Louis City Councilmember Kelli Dunaway's children holding a copy of the book while she took her oath of office.
This was the scene last week at the STLCO government center. Democrats took back control of the council and @DunawayKelli was sworn in on a copy of “Oh the Places you’ll go” with her children❤️ so proud to be part of #TeamKelli pic.twitter.com/iJ1dxfZ1Zg
Trump predicts New York Times will go out of business when he’s out of office
In a permission tweet, President Donald Trump announced that his presidency is the only thing keeping the New York Times in business. Yet, somehow, they're also attacking him and lying about him.
"The New York Times will be out of business soon after I leave office, hopefully in 6 years. They have Zero credibility and are losing a fortune, even now, especially after their massive unfunded liability. I'm fairly certain they'll endorse me just to keep it all going!" he tweeted.
Since taking office, subscriptions for The Times have increased dramatically. According to an August report, The Times boasted a 4.7 million increase in subscribers for the second quarter. Their revenue growth was 5.2 percent. It certainly is a modest increase, but it's also an increase in an era when newspapers are struggling to survive.
White supremacists infiltrated farmer’s market — leaving shoppers and farmers terrified
While mulling about the bundles of kale and baskets of fresh peaches, some farmers' market shoppers are dodging fear and protests from white supremacists who are bringing their racism to another gathering place.
Farmers' markets are another soft target Americans must fear when going out and about. The New York Times investigated a Bloomington, Indiana stand where people can't get their gluten-free bread in peace. Justin Williams revealed a friend has been thinking about bringing his shotgun to the market for protection. One husband and wife team was accused of being white nationalists, after years of selling tomatoes and kale at the market.