Trump Knew Erdogan Would Missile Fry The Kurds

Rudy Giuliani got excited when Lindsey Graham told him his Senate Judiciary Committee is ready to help him spread Trump’s Ukraine conspiracy theories, and that Joe Biden is a criminal, like him.

Mr. Giuliani likes to use his criminal clients to spread his conspiracy theories. Two Ukraine born Floridians helped Rudy get an audience with Ukraine prosecutor Lutsenko. Igor Fruman and Lev Parnas donated hundreds of thousands of dollars to the Trump campaign, and they used a bunch of shell corporations to do it.

The president told Pelosi he’s not playing by constitutional rules and Bill Barr and Pompeo aren’t either. Trump refuses to cooperate until Congress holds an impeachment vote. Trump claims Adam Schiff should be in an orange jumpsuit for setting up a partisan kangaroo court. The Trumpster still claims his Zelensky shakedown was a perfect mobster procedure.

Mike Pompeo and Mike Pence continue to back the Trumpster. Pence and Pompeo are neck-deep in the Ukraine shakedown. Both men knew Trump wouldn’t release the military aide payment until Zelensky did Trump a solid by screwing with the 2020 election. Pence still claims he didn’t know about the shakedown. Bill Barr told the press he wasn’t in the Ukraine loop, but Trump’s phone call proved that was a lie, according to the Washington Post.

George Conway sent a letter to Republicans in the Senate after Trump’s mobster move on Zelensky. Conway told the Senators Trump continues to shred the constitution. He reminded them they took an oath to protect the constitution. But it will take more than a letter from Conway to convince Lindsey Graham or Mitch McConnell to throw Trump under the Ukraine bus. Graham said Republicans will not convict Trump based on his conversation with Zelensky. McConnell told the press he would stop the trial as soon as it got to the Senate.

The call between Mr. Trump and Mr. Erdogan produced a major cluster-bang on the Syrian border. Erdogan’s been on Trump’s ass for months to let him missile fry the Kurds. The Turkish leader thinks the Kurds are enemies, and Trump does too, according to Republicans and Democrats.

Mr. Trump tried to justify his decision by saying the Kurds didn’t fight in WWII and other stupid deflective statements. But Erdogan said Trump told him to open the door for ISIS again. Trump told the press that’s Europe’s problem, not his.

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The Trump Team Wants To Tape Giuliani’s Mouth Shut

President Trump’s decision to let Turkey eliminate the Kurds in Syria has the world in an uproar. Even Trump’s loyal Republicans think Trump’s an idiot for pulling U.S. forces out of the Syrian fight. Trump’s critics say his decision will bring ISIS back in the picture, and according to several news reports, the ISIS bad guys are already in the rumble again.

Mr. Trump tried to justify his decision in typical Trumpian fashion. He claims he wants to pull out of the Middle Eastern wars, but he continues to send troops to Saudi Arabia, and he pokes the Iranian bears every chance he gets. Trump’s troop pullout gives Russia a leg up on the Syrian table. And Iran cheered when they learned Trump did Erdogan’s dirty work in order to cut a weapons deal or to keep his Trump Towers open in Istanbul, according to the New York Times.

The Zelensky debacle continues to immerse Trump in impeachment swamp water. The former Ambassador to Ukraine Marie Yovanovitch told Congress Trump wanted to fire her after he realized she wouldn’t let Rudy Giuliani meet with Ukraine officials without the state department participating in his mission to find dirt than doesn’t exist on Joe Biden.

China’s top negotiator met with Trump to shake hands on a deal that sounds more like a move to keep the farmers happy with the president than a real trade deal. Trump called the deal phase one. He told the press the October 15th tariffs are on hold, but the December tariffs are still on the table. Trump’s critics say the phase one deal is nothing the stock market should get excited about even though the market jumped when Mr. Liu said China will buy more soybeans, wheat, and pork.
Chinese importers bought those products before Trump announced a tentative trade deal. The trade deal announcement was more about giving Trump a win in the eyes of the farmers, according to the Washington Post.

Rudy Giuliani claims he doesn’t know he’s under investigation by federal prosecutors in Manhattan even though a New York Times article says he is. Rudy used two of his criminal Ukraine clients to help him convince Ukraine prosecutor general Lutsenko to reopen a Biden investigation. Mr. Trump claims he never met the two mobsters, but Igor Fruman and Lev Parnas are big Trump donors through phony shell corporations. Both wheeler-dealers were in photos with Trump and Don Jr. while they tried to make an under-the-table fortune in Ukraine with Rudy.

Trump’s advisors want Rudy to stop talking and creating so much chaos during his TV appearances. But that’s not Rudy’s style, according to the president.

As Deadline for a Brexit Deal Looms, British PM Boris Johnson Weighs His Options

Over the last three years, issues surrounding the UK’s bid to leave the European Union (popularly known as “Brexit”) have come under intense scrutiny from both sides of the political aisle in Britain.

Currently headed by Boris Johnson, the UK’s Conservative Party argues that the country’s population has mandated an exit from the EU this fall. Led by liberal MP Jeremy Corbyn, the Labour Party has argued that a break with the European Union could bring on an economic recession throughout the United Kingdom.

So far, the Conservatives have set a goal for leaving the EU by the end of this month. As Prime Minister, Johnson has already had to quell political fires currently raging in the House of Commons, and so far, the fierce battle being fought over Brexit’s future doesn’t appear to have an end in sight.

But Brexit’s main issues have deep roots in Britain’s fiercely independent culture, and its themes will be familiar to anyone with a passing knowledge of 20th Century British history. Memories of mass unemployment and housing crises throughout the 1970s are still fresh in the public imagination in the UK, and ground support for a revote on Brexit is even now gaining steam on the political left.

Conversely, the United Kingdom has always been a nation that has prided itself on its political independence from Europe. As a confederation of countries like England and Scotland, the UK has had a tense relationship with the European mainland for the entirety of its recorded history. Indeed, it is little wonder that the UK is one of the first major nations to propose an exit from the European Union.

As a Prime Minister whose predecessors (Theresa May and David Cameron) lost their positions due to domestic tensions over Brexit, it cannot be lost on Boris Johnson that his political life will depend on how he handles a break with the EU. The press in the UK has always pounced on weak political operatives in Parliament, and Johnson will have to raise himself above the fray if he is to successfully guide the country to economic independence and maintain his current position in Downing Street.

How the political theater around Brexit will play out on the world stage is anyone’s guess, but the upcoming deadline for an exit from the EU could prove to be a major milestone to the pro-Brexit movement. Undoubtedly, the Prime Minister’s career trajectory will depend on the extent to which he is able to successfully guide Brexit policy to a satisfactory conclusion, but for a politician who styles himself after Winston Churchill, that kind of conflict come as a welcome acid test.

Blow for Washington as Beijing lowers expectations for trade talks.

Upset and astonished by, China has decided to lower expectations for any significant progress on trade talks with the US. There were scheduled trade talks this week between the Chinese and the United States government where leaders would deliberate on how to ease tensions between the two countries. Just this week, President Donald Trump expressed optimism for fresh trade talks with President Xi.

Theoretically, Beijing expresses optimism to end the trade wars. However, Chinese officials have noted that they are not optimistic about the scope or size of any deal with the United States in the short term. Top Chinese and the US economic intellectuals will have a scheduled meeting in Washington on Thursday and Friday.

Both parties will attempt to put an end to the fifteen-month trade war that has caused a disruption of the global financial order. The war has consistently threatened to upend the old trade systems. Robert Lighthizer, the United States trade representative, Steven Mnuchin, the Treasury Secretary, and the Chinese Vice Premier Liu, will all take part in the negotiations.

Without any sign of progress, President Donald Trump is set to increase tariffs on $250 billion Chinese goods from 25% to 30%. Addressing the media in Washington, Trump said that a deal was in progress. He gave a positive nod that there was a high chance that the deal would be sealed. President Donald Trump added that Beijing wanted to see the deal settled more than he did. Currently, judging on the situation, there was a possibility of talks between two economies that control global commerce. However, the talks are likely to end in a deadlock. One Chinese official gave a brief for preparations for the talks to end in anonymity.

The official went on to note that there was a probability of both parties reaching an agreement, but it would not be an easy task. The talks will require plenty of planning and building consensus on both economies. For trade relations to improve between the two nations, more time was required. Previous low levels talks held between the two economies created a platform for fresh talks in the upcoming meeting. However, the latest action by Washington of blacklisting 28 Chinese organizations has stirred a very negative atmosphere.

HiKvision and twenty-seven other Chinese companies were blacklisted a few days before the new trade talks. The US commerce department took action to ban the artificial and technology organization from conducting business with US companies.

The Trumpster Started An Impeachment War With Congress

Rudy Giuliani is the confused, but cunning former 911 hero and mayor of New York. Rudy turned in all his good deeds when Trump asked him to be his legal double-talker while he chokes the constitution with his mobster moves, according to the New York Times.

Mayor Rudy is now some sort of comic legal hero who likes to talk about legal issues, but he never seems to hit any legal nails on the head. Rudy claims he was constitutional law standout in law school and that’s why he’s able to defend the Trumpster as the president chaotically drills holes in the foundation of America’s democracy. Trump’s democracy is the rule of one with yes man carrying his McDonald’s bag while he cheats at golf.

Trump’s democracy is a nationalistic con game that spits tariff snake oil over America’s allies and makes deals with dictators who live by their own quid pro quo. Sanctions and tariffs are Trump’s weapons of war, and they take no prisoners.

Americans financially support Trump’s tariff war with China and the upcoming tariff war with the European Union. Trump’s democracy punishes the people while he makes business deals around the world, according to the Washington Post.

Mr. Giuliani, Mike Pompeo, Bill Barr, and Mike Pence approve of Trump’s democracy. Mike Pompeo’s neck is in a legal noose. Pompeo told Schiff to go fish instead of turning over Ukraine documents and allowing state department officials to testify. Mike might have an impeachment inquiry in his future unless he gets the Trump snake oil out of his system.

Attorney General Bill Barr is in Italy chasing the ghosts Trump invented to dispute the Mueller investigation. Bill is also blocking information Schiff and other committee chairman need for the inquiry. Several Department of Justice officials claim Bill is a cranky old Trump-lover who hates Democrats, the government, and telling the truth, according to the New York Times.

Mr. Trump declared an impeachment war with Pelosi, Schiff, and the people of America. That means important legislation will sit in the partisan swamp until after the 2020 election, according to political analysts.

Bill Barr plans to defend Trump’s democracy instead of America’s democracy during the war. And Pompeo, and Pence, as well as other Trumpians, will continue to beat his snake oil drum.

America’s system of government is on trial. The Trumpster thinks he’ll win that battle now that most supreme court judges are Trumpians.

North Korea Claims Trump Needs To Sweeten The Pot If He Wants Kim To Keep Writing Him Beautiful Letters

According to a former Trump Organization executive, Mr. Trump told the press, impeachment would look bad on his resume. But Trump claims Nancy Pelosi and Adam Schiff are impeachment-worthy for exposing his criminal behavior to the public.

Mitt Romney, Ben Sasse, and former Secretary of State Colin Powell broke the Trumpian ranks and spoke out against Trump for trying to get Ukraine President Zelensky to help him ruin Joe Biden’s run for the presidency. In a Washington Post Op-ed, Biden told Trump he won’t let him ruin his chance to get the big job. But some political analysts claim Biden’s run for the Democratic nomination is in the toilet thanks to Trump.

Bernie Sanders had two stents put in his arteries, and that may hurt his chance to win the nomination even though the senator raised a whopping $20 million recently. Bernie and Elizabeth Warren have the media’s attention, but Harris, Buttigieg, and O’Rourke are still in the hunt, according to the New York Times.

None of Trump’s cabinet members appeared on the Sunday news shows. But Congressman Jim Jordan wanted to show his support for Trump by acting stupid when George Stephanopoulos asked him if he thought Trump was out of line asking China to help him bring down Biden. Jordan told George Marco Rubio thinks Trump’s comments were in jest and Jordan agreed with the Florida senator. But Trump wasn’t in a joking mood when he asked President Xi for help.

Mr. Trump told Pelosi to vote to impeach him before he turns over documents that prove he tried to get Zelensky to cooperate using his mobster mentality. Trump claims the impeachment inquiry is not legal even though there’s nothing in the constitution that prohibits having an impeachment inquiry before the formal impeachment.

Kurt Volker told Congress Pompeo, Giuliani, and Pence knew Trump wanted Zelensky to sweat before he released the $391 million military aid payment. Some Democrats think Pence, and Pompeo should go through the impeachment process. And the Democrats think Bill Barr deserves impeachment too.

North Korea didn’t like the way their October 4th meeting went with state department officials. The state department claims the meeting was a success, but North Korean officials told the press Trump needs to change the script if he wants Kim to stop firing missiles and give up his nukes. North Korean officials claim nothing change from their last meeting when they called John Bolton a poisonous plant, according to the Wall Street Journal.

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Major Business Groups and U.S. Chamber of Commerce Oppose Trump Plan For ‘Dreamers’

The United States Chamber of Commerce, as well as, business groups that include Amazon Inc. and Alphabet inc. have filed briefs at the Supreme Court level in an effort to block an attempt by President Trump to end a program that protects immigrants who were brought to the country illegally as children from being deported.

The nation’s highest court is also preparing to hear arguments pertaining to plans by Trump to roll back the 2012 Deferred Action for Childhood Arrivals legislature that was enacted by former President Barack Obama. The immigrants protected by this program are referred to often as ‘Dreamers.’ An attempt by the Trump administration to rescind the DACA planned has already been blocked in lower courts.

The brief that filed to the court on Thursday argued that Trump’s plan would due great harm to companies who employ workers that are protected under the DACA program. The business groups also contend great harm would come to the American economy as a whole.

According to Reuters, the DACA program currently protects about 700,000 immigrants from being deported. Most of these protected individuals are young, Hispanic adults. Dreamers are allowed to work and enjoy other benefits of life in America but are not provided with a path to citizenship.

Tim Cook, CEO of Apple, also filed a brief in opposition to the president’s plan in the past week.

The Supreme Court is set to decide next summer at the end of June. This will place the decision during the hot part of the 2020 Presidential Election. Democratic opponents like Joe Biden have made promises to Dreamers that legislation will be introduced that will better protect them if he becomes president.

There have been multiple failed attempts by Democrats and Republicans to come up with an agreement on the matter that both parties can live with. Trump and his administration maintain that former President Obama exceeded the power provided to him by the constitution when he created DACA without input from Congress.

The Supreme Court is tasked with determining whether or not the Trump Administration acted in accordance with the Administrative Procedure Act when they enacted measures to eliminate DACA protections for Dreamers.

Trump decided to rescind DACA in September of 2017. The protections that Dreamers enjoy were to be phased out beginning in March of the following year. However, the lower courts decided that DACA application renewals will continue processing while both sides await the end of litigation.

Amber Guyger’s Trial Spurs Legal and Moral Debate Across the U.S.

It was two shots that were heard around the country — maybe even the whole world. In September of 2018, Dallas police officer Amber Guyger entered the apartment of her neighbor, Botham Jean, and fired bullets into his body. Later on, she would claim that she did so in self-defense, believing that his apartment was her own. Jean died as a result of his injuries. In the weeks, months and year that followed, these events would shine a light on the Dallas police force and even the legal system at large.

First, the community clamored for Amber Guyger to be arrested in the first place. With the police force on her side, Gugyer seemed to initially be capable of avoiding charges after the murder. Eventually, however, the law prevailed and Guyger was arrested for the killing of Botham Jean. Her trial last month was marked by astonishing twists and turns, many of which were dutifully recorded by the news media. First there was the matter of her romantic relationship with her married police partner. In the minutes leading up to the fatal incident, it was reported that Guyger had been calling and sending text messages to Martin Rivera. The prosecution seemed to put forth that this was why Guyger was distracted and parked on the wrong floor — an action that would later prove fateful as she then walked to the wrong apartment. Not noticing the bright red mat in front of the door — or many of the other landmarks that would indicate she was on the wrong floor — Guyger then opened Jean’s door and fired upon him, supposedly believing that he was an intruder.

Over the course of the trial, the events that led up to the shooting would be rehashed and scrutinized in painfully intricate detail. The way that Guyger opened the door was even discussed and explored. Later in the trial, the judge would make a controversial move by allowing the jury to apply Castle Doctrine if they wanted. This law is the one that many compare to Florida’s “Stand Your Ground” law, and its inclusion stirred up social media. The lawmaker who created the law bemoaned the fact that it was being applied to this particular case, saying that it wasn’t the original intent of the law at all. In the end, though, it didn’t seem to matter. Guyger was found guilty and sentenced to 10 years in prison.

Libra Association’s Roster Of Partners Is Now One Shorter Following PayPal’s Voluntary Departure

Satoshi Nakamoto – a name of absolutely zero relevance at the time he published Bitcoin: A Peer-to-Peer Electronic Cash System in late 2008 to, a then-brand-new web domain – is the world-renowned creator of the world’s first cryptocurrency, Bitcoin, which actually came to life in early 2009.

Although the concept of digital currency – this categorization includes cryptocurrencies – was laughed at by even laypeople, let alone financial professionals and market experts, the price of a single bitcoin hit an all-time high of just a few hundred dollars short of $20,000. Considering that one bitcoin was worth less than one United States Dollar until early 2011, investors could have literally made $19,500, assuming they invested before the world’s first cryptocurrency began trading for a dollar per unit as early as Feb. 2011, and sold it at peak of the digital currency’s trading value in terms of its entire life.

Shortly after the utility in Bitcoin was recognized by tech-savvy programmers, engineers, financial experts, and other highly-skilled, smart inventors and innovators, other digital currencies and cryptocurrencies began to sprout up across the World Wide Web. Currently, there well over 1,500 cryptocurrencies, and likely more than 2,000 unique brands when digital currencies not based on cryptography are taken into consideration.

Here’s What Made Cryptocurrencies So Attractive

The total dollar value of United States Dollars currently in circulation can be modified at any point by the U.S. federal government. Although such practices are typically only engaged in to protect currencies’ economic viabilities, effectively serving the entire world’s best interests, it’s easy to realize that governments, through each of their fiat currencies, could easily engage in fraudulent or otherwise unfair acts.

What made cryptocurrencies so popular is that all transactions must be verified through using computer power to solve cryptographic codes, which results in new transactions being hammered into that cryptocurrency’s blockchain forever, as well as for the entire world’s viewing.

Facebook Just Had to Join the Fray

Unofficial reports from Facebook insiders started surfacing in 2018 regarding what’s now known as Libra, a permissioned blockchain digital currency. Unlike cryptocurrencies, Libra transactions wouldn’t be confirmed by independent users – that function would be performed by Facebook itself.

Despite the potentially high utility of Libra which could be realized as soon as its planned launch next year, PayPal became the first entity to remove itself from the social media platform’s Libra Association.

PayPal officially made the announcement yesterday, on Friday, Oct. 4, 2019.


Dallas Police Officer Involved in Infamous Case Found Guilty

It was the case that captivated the attention of the entire United States. In September of last year, former Dallas police officer Amber Guyger was heading home from a long day at work. After parking on the wrong floor of her apartment building, she then walked to an apartment that wasn’t hers and, supposedly believing that it was hers, opened the unlocked door. Botham Jean, her downstairs neighbor, was inside his apartment eating ice cream when Guyger interrupted — and shot him dead. Guyger maintains that this was an accident. She claims that she believed she was walking into her own apartment when she was startled by the sight of Jean and believed him to be an intruder.

Over a year after the incident occurred, Guyger finally had her day in court this month. Although many legal experts were unsure of whether or not Guyger would take the stand in her own defense, she did. Throughout the case, a lot of background context was provided for jurors — and many of the details were not good for Guyger’s case. It was revealed that she was distracted by a romantic relationship on the day of Botham’s death, texting and calling her former police partner several times. It is, in fact, believed that Guyger may have been on the phone with her lover when she parked on the wrong floor.

During the closing arguments of the case, prosecutor Jason Fine delivered a very persuasive speech in support of slapping Guyger with a murder charge. Throughout his final communication with jurors, Fine discussed reasonable and unreasonable decisions with them. He pointed out how the victim had a prominent red mat in front of his apartment. Also, Guyger’s key did not fit into the lock. Unfortunately for Jean, his door was unlocked at the time Guyger chose to enter the apartment. Early in the week, the judge instructed the jury that they could use the Castle Doctrine — a law similar to Florida’s Stand Your Ground law — and those following the case erupted online. In the end, however, Guyger was found guilty by the jury on Monday.

Courts Rule Against Some Trump Immigration Policies.

Over the course of the last few months, the Trump administration has enacted a number of policies that would allow the government to rapidly deport some immigrants and to indefinitely hold in detention some others. These proposals have been quite controversial in some quarters, and the Trump administration policies have been challenged in the court system.

This week, two of the Trump administration’s immigration policies have been put on hold. In the first of the decisions, a group called WeCount! asked the federal court to place a hold on a Trump administration proposal that would have allowed the government to deport undocumented immigrants without first seeking court approval unless the immigrants could prove that they have resided in the United States for two years or more.

Judge Jackson of the United States District Court for the District of Columbia placed a temporary halt to the Trump administration policy. As a result of this ruling, the Department of Homeland Security will not be allowed to conduct expedited deportations until a full set of hearings can be conducted in federal court.

Trump administration officials reacted angrily to the judge’s decision. The Justice Department stated that it believed that the judge had exceeded her constitutional authority in the matter.

This isn’t the only setback that the Trump Administration’s immigration policy faced last week. A federal judge in the state of California made a ruling on a case. That judge called a halt to a policy that proposed keeping immigrant families in continuous detention. In that case, the judge said that keeping families in indefinite detention was in violation of a legal settlement that took place many years ago. In that settlement, US officials were forbidden to hold immigrant children in custody for an extended period of time.

The two rulings by these judges is not the end of the matter. Both of these cases will continue to make their way through the court system. Ultimately, both will most likely be decided by the United States Supreme Court.

Jury Begins Deliberations In Murder Case Against A Former Dallas Police Officer Who Fatally Shot A Neighbor

A Dallas jury began its deliberations on Monday in a case involving a Dallas Police officer that shot and killed a man in his apartment. The shooting took place after the officer mistook his apartment for her own. The prosecution ended its final arguments against the police officer by calling her actions ‘unreasonable.’

Jason Fine is the Assistant District Attorney who said in closing arguments that a fine line existed between what can be considered reasonable and what is absurd.

Thirty-one-year-old Amber Guyger had just finished a 13 and a half hour shift when she entered Botham Jean’s apartment. Jean, a 26-year-old accountant for Price Waters Cooper, was sitting in his apartment eating ice cream when he was fatally shot by Guyger. The ex-police officer says she thought Jean was an intruder in her home.

Fine used his closing arguments to focus the attention of the jury on Jean who he says was enjoying a quiet night at home watching television when Guyger burst into his home with a gun in hand.

Fine says Jean was shot to death before he had a chance to get up from the couch.

Guyger fought through tears a week ago to tell the court she fired her gun because she was in fear for her life.

The prosecution disagreed with Guyger and said instead her action was the culmination of a series of unreasonable actions.

A conviction of murder could mean a life sentence for Guyger. She could also face a 20-year prison sentence for the lesser included offense of manslaughter. The jury also has the option of acquitting Guyger on both charges.

According to CBS News, the shooting took place a year ago in Dallas and was one in a series of high-profile cases in which unarmed black males were shot by police officers. The shooting sparked street protests and many residents were angered by the fact prosecutors only sought manslaughter charges when the case first happened.

Defense attorneys for Guyger accuse the prosecution of trying to play on the emotions of jurors because they are unable to prove a crime was committed by their client. Toby Shook, one of Guyger’s attorneys, told the jury the prosecution only worked to make them angry and provided no legal substance to support a conviction.

Shook expressed sympathy for the family of Botham Jean but characterized the incident as a series of mistakes on the part of Guyger. He also maintains there was no malice intended by his client.

Oh No! United States Income Inequality Worse Than At Any Point In The Previous 50 Years

Governments around the world, including those of both well-developed and third-world countries, routinely engage in activities in order to determine information about the people who are currently living in such nations, as well as the states, provinces, territories, and municipalities that these countries are further broken down into.

The United States of America is no exception to this rule of thumb. Every decade, the federal government deploys countless thousands of government employees across the United States to garner information related to its citizens, residents, and other individuals who currently reside within the country’s borders. The United States does this through the United States Department of Commerce’s U.S. Federal Statistical System’s United States Census Bureau, which is also known as the Bureau of the Census or the USCB.

Although the official nationwide Census is only carried out once every 10 years, the United States Census Bureau manages to keep itself busy through gathering various types of information – these varieties of forms of data include financial information related to how much money individuals, couples, and households make each year, including how much debt that is currently owed to the various creditors is currently outstanding in aggregate, and what proportion of the national population is comprised of immigrants who are not considered permanent residents or citizens of the United States – and taking such data into the compilation of various reports that other government agencies use to make decisions. These reports are also used as benchmarks in the future when similar or related reports are generated.

According to a recent report from the United States Census Bureau – it is formally known as the American Community Survey – that came out just yesterday, on Thursday, Sept. 26, 2019, income inequality throughout the entirety of the United States is worse than it has been at any point throughout all of the past five full decades.

Income inequality refers to the disparity in annual earnings when comparing the highest and lowest earners throughout the nation. Large gaps between these two classes are not healthy indicators, as wealthy people continually horde more and more wealth just to invest such wealth and earn more money in return, effectively further separating themselves from the rest of the crowd.

The Gini coefficient is a widely-used economic indicator to determine income inequality all throughout the world, which was officially calculated at 0.485, having been bumped up slightly from 0.482 in 2017.

CEO Of Peloton Claims To Not Be Concerned About Share Price Drop Following The Closure Of The First Day’s Trading Of Its IPO

Stocks are one of the most widely-traded forms of investments. Conveniently, the United States just happens to be the home of the greatest, most active financial instrument exchanges on planet Earth. The world’s most highly regarded financial instrument exchange – that of the NYSE, or the New York Stock Exchange, which is operated out of its official headquarters on New York City’s Wall Street, where the majority of the country’s financial business takes place – hosts the trading of public shares of some 2,800 public companies right now.

In the United States, particularly, the U.S. Securities and Exchange Commission – it’s known as the SEC for short – requires companies that are on the precipice of wanting to offer their shares of ownership to investors through the help of financial instrument exchanges among the likes of the New York Stock Exchange to open up the sale of its shares to the world through what’s known as an initial public offering, or an IPO for short, that lasts for 20 consecutive days.

After this period is over, such companies are able to list their stock on the New York Stock Exchange, the Nasdaq, and any other financial instrument exchange based in the United States of America. It is very important for these businesses to make sure to time the opening up of their IPOs effectively, as failing to do so in an effective manner causes them to potentially lose many billions of dollars in funding that they could have received in the event that they had, in fact, managed to time their IPOs effectively.

Although, at any single point in time here in the United States, there are several companies that are considering opening up their IPOs for the public to begin investing in before such shares of ownership hit the market – whether that be the NYSE or the Nasdaq or on another such exchange. One of these companies, as of late September 2019, is Peloton, which is known as one of the best manufacturers of equipment used to exercise and otherwise stay healthy. The company was founded in 2012 in New York City, where it remains in operation today.

After having opened up its shares of ownership to the public for purchase via its IPO yesterday, on Thursday, Sept. 26, 2019, the share price of Peloton dropped significantly. Company CEO John Foley isn’t concerned with the drop, according to a conversation he had with Axios.

Former Wall Street Banker Headed Back To Prison

Sean Stewart, a one-time Wall Street Banker, received his second conviction for insider trading on Monday. The conviction is for passing tips to his father regarding mergers in the health care industry.

A spokeswoman for the prosecution made the public aware of the conviction handed down by the jury in Manhattan. The trial ended less than a year after Stewart successfully won an appeal of his first conviction and received a new trial.

A lawyer for the 38-year-old Stewart was not immediately available for comment but the ex-banker is due to be sentenced on January 29.

Stewart worked for Perella Weinberg Partners and JP Morgan Chase & Co. Prosecutors say he passed tips to his father, Robert Stewart, over a period of time beginning in 2011 until 2015. The tips yielded more than $1 million dollars for the elder Stewart and friend Richard Cunniffe. Stewart shared some of the tips from his son with Cunniffe.

The first conviction of Stewart happened in August 2017. He was sentenced to three years in prison by United States District Judge Laura Taylor Swain in February of 2018. The conviction as overturned by an appeals court about a year after Stewart began serving his sentence.

The appeal was based on the court decision that Stewart should have received the right to challenge an important piece of evidence used to gain his conviction. The evidence was a recorded phone conversation between Stewart’s father and Cunniffe.

During the conversation, Robert Stewart told Cunniffe his son was upset with him for not using one of the tips he had given him. Reportedly, Sean Steward chastized his father for pulling the trigger on an investment after it had been handed “on a silver platter” to him.

Judge Swain was not allowed to introduce evidence that would qualify the statements of his father in the taped phone conversation. He was also not allowed to inform the jury he had been drinking when he made the statements. It is Stewart’s assertion that he was kidding with his father and had no intention of committing insider trading.

In the second trial, Judge Jed Rakoff ruled that no mention of the “silver platter” statement would be allowed in the trial.

Robert Stewart and Cunniffe were both given probation after accepting guilty pleas for their roles in the crime.