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ItsjustMe

ItsjustMe's Journal
ItsjustMe's Journal
October 19, 2020

U.S. Charges Russian Intelligence Officers in Major Cyberattacks

Prosecutors said the suspects hacked elections in France and the 2018 Winter Olympics.

https://www.nytimes.com/2020/10/19/us/politics/russian-intelligence-cyberattacks.html

The Justice Department announced indictments on Monday of six Russian military intelligence officers in connection with major hacks worldwide, including of the Winter Olympics and elections in France as well as an attack in 2017 aimed at destabilizing Ukraine that spread rapidly and was blamed for billions of dollars in damage.

Prosecutors said the suspects were from the same Russian unit that conducted one of the Kremlin’s major operations to interfere in the 2016 American election, the theft of Democratic emails. They attacked the 2017 French presidential elections; targeted British authorities investigating the poisoning of a Russian former intelligence operative and the 2018 Winter Olympics in Pyeongchang, South Korea; and hacked the Ukrainian parliament, finance ministry and electrical grid, according to court documents.

The case marked another effort by Trump administration officials to punish Russia for its meddling in other countries’ affairs, even as President Trump has adopted a more accommodating stance toward Moscow. The charges did not address 2020 election interference; American intelligence agencies have assessed that Russia is trying to influence the vote in November.

October 19, 2020

A blue wave on Election Day may unleash $2.5 trillion in stimulus, Goldman Sachs says

https://finance.yahoo.com/news/coronavirus-stimulus-a-blue-wave-on-election-day-may-unleash-billions-goldman-sachs-says-121835364.html

Break out those shovels, picks and the debit cards if a blue wave of Democrats washes into D.C. come Election Day.

Goldman Sachs said Monday in a new note that a blue wave could lead to a whopping $2.5 trillion new stimulus plan. “This would likely include a stimulus package in Q1, followed by infrastructure and climate legislation. In this scenario, we would expect legislation expanding health and other benefits, financed by tax increases, to pass in Q3,” explained Goldman’s Jan Hatzius.

Hatzius further tossed his hat into the debate on whether presidential hopeful Joe Biden’s proposed tax hikes on corporations and those earning more than $400,000 a year would help or hurt the economy. “We recently analyzed the implications of a fiscal program similar to the Biden campaign proposals and found that the boost to growth from fiscal stimulus would outweigh the negative effects of tax increases, particularly in light of the fact that the increased tax revenue would go to fund new spending.” Hatzius added.

Some 15 days until the election, stimulus talks between the Trump administration and Congress remain precarious at best.

Over the weekend, House of Representative Speaker Nancy Pelosi set a 48-hour deadline to pass a stimulus plan. House Democrats have been pushing for a plan north of $2 trillion, which Senate Republicans have rallied against as being too high. Senate Majority Leader Mitch McConnell plans to bring a $500 billion stimulus bill to vote this week.
October 19, 2020

Trump Will Have $900 Million Of Loans Coming Due In His Second Term If He's Reelected

The president would likely have to engage in a series of high-stakes transactions that could produce unfathomable conflicts of interest.

https://www.forbes.com/sites/danalexander/2020/10/19/trump-will-have-900-million-of-loans-coming-due-in-his-second-term-if-hes-reelected/#1df5c0d85f37

Whether or not Donald Trump wins the election, lenders will expect his businesses to pay back an estimated $900 million in the next four years, an alarmingly accelerated timetable that involves more than twice as much debt as the president previously indicated. In order to emerge unscathed, Trump will likely have to engage in a series of high-stakes, big-money transactions—deals that could produce arguably the biggest conflicts of interest than an American president has ever had to face.

About half of the debt coming due from the start of 2021 to the end of 2024 is secured against assets that the president and his children own outright. He will have to pay back loans against his hotel in Washington, D.C., his golf resort in Miami and his tower in Chicago. He’ll also have to sort out the debt against Trump Tower and Trump Plaza in New York City.

The rest of the loans are held against 1290 Avenue of the Americas in Manhattan and 555 California Street in San Francisco, office buildings in which the president has a 30% limited partnership interest. Those properties currently have a combined $1.5 billion in debt against them, and Trump’s indirect share of their liabilities adds up to an estimated $447 million. As a limited partner, however, he presumably has less control over those obligations, as well as some protection if the properties fail to pay back their loans. “You know what limited means—limited as to liability,” Trump explained in a 2015 interview with Forbes, adding, “Where that is good is in bad times. If the world collapses, I’m not responsible for putting up any money.”

October 19, 2020

Beastie Boys License a Song for an Ad for First Time Ever, for Joe Biden Spot Focused on Live Music

Beastie Boys License a Song for an Ad for First Time Ever, for Joe Biden Spot Focused on Live Music Shutdown

https://variety.com/2020/music/news/beastie-boys-biden-campaign-license-ad-commercial-campaign-live-music-1234808912/

The Beastie Boys had never before licensed any of their songs for an advertisement, but that commercial blackout came to an end during Sunday’s Steelers/Browns game, when the sounds of “Sabotage” accompanied a spot for the Joe Biden presidential campaign.

It wasn’t just any campaign spot, but one that focuses on how the COVID-19 shutdowns have decimated the live music industry. The ad focuses on a club in Ann Arbor, Michigan, the Blind Pig, that remains shuttered this year after a 50-year run as a pillar of the community, which the owner blames on what he considers Donald Trump’s shortsighted response to the coronavirus crisis.

A Biden campaign spokesperson said the Beastie Boys, who had “never licensed music for an ad until now,” agreed to the use of “Sabotage” in the spot “because of the importance of the election.

“Everywhere I go, people have a story about the Blind Pig,” Joe Malcoun, co-owner of the Blind Pig, says in the commercial. “The Blind Pig has been one of those clubs that attract artists from all genres. For 50 years, the Blind Pig has been open and crowded, but right now, it’s an empty room. This is the reality of Trump’s Covid response. We don’t know how much longer we can survive without any revenue. A lot of restaurants and bars that have been mainstays for years will not make it through this. This is Donald Trump’s economy: There is no plan and you don’t know how to go forward. It makes me so angry. My only hope for my family and for this business and my community is that Joe Biden wins this election.”

October 19, 2020

Epic Bushman Compilations 3

Prank Man

October 19, 2020

Trump says if Biden's elected, "he'll listen to the scientists"

https://www.axios.com/trump-warns-lockdowns-if-biden-elected-scientists-c1263b65-15c9-47a1-9d6b-63161f6c5170.html

The Biden campaign slammed President Trump after he said at a Nevada rally Sunday if his Democratic presidential rival Joe Biden were elected there'd be more coronavirus pandemic lockdowns because "he'll listen to the scientists."

What he's saying: "If I listened totally to the scientists, we would right now have a country that would be in a massive depression," Trump said.

The other side: Biden campaign spokesperson Andrew Bates said in an emailed statement, "Donald Trump tanked the strong economy he inherited from the Obama-Biden Administration by continually discounting and attacking warnings from the scientific and medical experts working around the clock to save lives.

For the record: The U.S. has the highest number of cases and death toll from COVID-19 in the world. Infections jumped almost 17% over the past week as the number of new cases increased in 38 states and Washington, D.C.

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