Donald Trump must have breathed a sigh of relief as 1995 drew to a close. The epic crash of New York City (NYC) real estate, which had battered Trump’s investments and left many of his fellow real estate investors clinging to any lifeline of solvency, was finally over. Prices of New York City real estate, which had fallen in each of the previous five years, had finally started to rise.Apartment rental prices fell by 15 percent during the slump that had begun in 1988. The prices of co-ops and condos were down by nearly twice that much. Manhattan homes fell by 32.9 percent between 1989 and 1996, according to a study by the Furman Center for Real Estate & Urban Policy. In Chelsea and Hell’s Kitchen — that westside stretch where Trump had invested so much in a plan to turn an old railyard into a new neighborhood — home prices fell 40.4 percent. The giant Canadian real estate company Olympia & York had declared bankruptcy. At one point, it had been the … [Read more...] about New York Times Trump Tax Story Leaves Out NYC Real Estate Crash
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New York Times: Trump’s Immigration Policy Wins Black Votes
Democrats must block President Donald Trump from using his pro-American immigration policy to win more African-American voters, says New York Times columnist Charles Blow. “I believe that Trump’s team, if not him, understands the fissures in this immigration debate and is using them,” Blow wrote April 10. He continued:As Trump said in January in an Oval Office address after shutting the government down because Congress wouldn’t fund the construction of his wall: “All Americans are hurt by uncontrolled illegal migration. It strains public resources and drives down jobs and wages. Among those hardest hit are African-Americans and Hispanic Americans.” That is a pitch to both blacks and Hispanics already in this country. There is a real cleavage between second-, third- and fourth-generation Hispanics and new arrivals. … A Quinnipiac University poll last year found that 54 percent of blacks and 55 percent of Hispanics … [Read more...] about New York Times: Trump’s Immigration Policy Wins Black Votes
New York Times: Trump’s Border Reforms Are Working
A New York Times‘ article on the migrant caravans shows President Donald Trump’s border security reforms are successfully curbing the northward flow of migrants. One-third of the 6,000 migrants who reached the border just in the November caravan have given up their effort to cross the border, the Times says: “Data from Mexican officials suggested that harsh policies he has introduced to crack down on asylum seekers may already be achieving some of its intended effects.”The article by the establishment outlet is important because it validates Trump’s analysis and proposed fixes for the growing problem of cheap-labor migration. For example, the article shows that Trump’s critics admit his policies are working: “It may look like it’s working in the short term,” Ms. [Michelle] Brané said, “But I don’t think it’s a long-term solution. It’s driving people further into the shadows and that’s exactly … [Read more...] about New York Times: Trump’s Border Reforms Are Working
New York Times: Donald Trump Blocked ‘BRIDGE’ Amnesty
President Donald Trump quietly blocked a stealthy “BRIDGE” amnesty that would have crippled immigration enforcement and triggered a migrant wave during his 2020 election, according to a report in the New York Times. Trump’s decision to block the BRIDGE plan came after hearing advice from White House aide Steve Miller, the former Senate aide who played a key role in blocking the 2013 “Gang of Eight” cheap labor amnesty.The President’s January 19 offer of a three-year work permit amnesty now covers just the one million people who are enrolled in the DACA amnesty and the Temporary Protective Status program. The president’s decision contradicts pre-speech leaks which said Trump was going to endorse the no-limits BRIDGE amnesty. The BRIDGE bill was developed by pro-migration legislators. It is marketed as a mere extension of President Barack Obama’s DACA amnesty, which provided worker permits to roughly 800,000 … [Read more...] about New York Times: Donald Trump Blocked ‘BRIDGE’ Amnesty
Facebook responds to the New York Times’ blockbuster exposé
Because of the length and complexity of the original article, the NYT published a mini-version with "6 key takeaways." The first, and most devastating, is that Facebook found signs well before the election, in the spring of 2016, that Russian hackers were "poking around the Facebook accounts of people linked to American presidential campaigns." Worse, it claimed that the company held the information back, even internally, for "over a year."Facebook denies much of that, saying it and only noticed the meddling "leading up to election day in November 2016," and shut down the affected accounts. It added that it never discouraged Stamos from investigating Russian activity, but rather, "Mark and Sheryl expanded Alex's work." However, the NYT never actually said that Zuckerberg prevented Stamos from investigating the Russian leaks, only that Sheryl Sandberg was angry that he did it without permission.Mark and Sheryl have been deeply involved in the fight against false news and information … [Read more...] about Facebook responds to the New York Times’ blockbuster exposé