Archive for May, 2012

Donald Trump is the King of Bankruptcy filings destroying many lives along the way!

Posted in Uncategorized on May 30, 2012 by sheriffali

 

Donald Trump spewing his “birther-crap” again just for “attention,” is seriously defensive when asked about his bankruptcies over the past two decades. Trump’s Taj Mahal Hotel was built by Trump selling bonds to raise over 800 million dollars, then declaring bankruptcy which turned the bonds into “junk-bonds.” For all of Trump’s hyperboles about his riches, if you and I did what he has done we would be imprisoned for life years ago!

 

For legendary tycoons, Donald Trump tops the list, but how many times has Donald Trump filed for bankruptcy? The 90’s recession wasn’t picky about who it affected. Donald Trump felt the pinch as well. His decision to use high interest bonds to finance the assembly of the Taj Mahal casino caused life to get very stressful for the tycoon.

 

In 1991, unable to pay a $3.5 billion loan, he declared business bankruptcy. He also came close to filing personal ruin. At the time, his personal debt was estimated to be around $900 million. Due to the bankruptcy, banks and bondholders lost millions. They came to a compromise with Donald Trump. The banks gave him lower interest rates and a longer time frame to repay the debt and Donald Trump gave the investors half the ownership of the Taj Mahal. In mere months the casino was back in business.

 

Not even a year later, Trump Plaza Hotel folded and Donald had to declare bankruptcy. Again, he worked out a deal where he’d give up 49 percent of the hotel to Citibank and the other lenders and he’d get more time to pay the loan back. It took him two years to repay most of his debt with many sacrifices. He had to give up the Trump Shuttle.

The bankruptcy saga didn’t stop there. In 2004, Donald filed for bankruptcy protection and restructured his debt. He reduced his ownership of Trump Hotels & Casino Resorts to 27 percent and gave bondholders stocks to help lower his debt and then stepped down as CEO. In 2005, things settled down and Trump Hotels & Casino Resorts came out of bankruptcy with a new name, Trump Entertainment Resort Holdings.

 

Unfortunately the reemergence didn’t last long.  On February 17th 2009, Donald Trump filed for Chapter 11 bankruptcy with a debt ratio of $50 million in assets to his $500 million in debt. This filing made the third bankruptcy for Trump Enterprises.

Posted on: Apr. 23, 2010

 

 

Donald Trump has become infamous for telling business mogul wannabes “You’re fired!” every week on primetime television. Yet, after Trump’s casino operations filed bankruptcy for the second time this past November, many have wondered if it isn’t time for board members to give Trump a pink slip. Despite the company failings, Trump will remain as chairman and CEO and continue to collect a $2 million dollar paycheck. So…how does a CEO decide to file for bankruptcy twice and still come out at the top of the heap?

No Personal Involvement!

First, Trump doesn’t get personally involved. He knows how to protect his personal finances. In both instances, Trump’s corporations have filed for bankruptcy; Trump personally has not. Hence, when his casino fell into about a billion dollars in debt, the corporation filed for Chapter 11. Trump only made the decision to do so once he had spoken to his banks and bondholders.

But, by filing, he gave his business the opportunity to regroup and reduce his business debt. It didn’t hurt however that it would also reduce his personal debt, as Trump is likely the one every creditor would look to if the Taj Mahal couldn’t pay up. So, in fact, Trump avoided potential lawsuits from credits and he may have also avoided personal bankruptcy by keeping his own bank account insulated.

Trump, it appeared, had triumphed. His company had dire financial problems but seemed to rise just as quickly from those bankruptcy ashes. Just three years later, he combined the hotels into the publicly held Trump Hotels and Casino Resorts.

For several years, the new company enjoyed double digit stock prices. His personal fortune in turn also skyrocketed. And the man who came close to losing it all leapt onto Forbes’ most wealthy list.

Yet, Trump’s public company would eventually fall…again. Within a few years of soaring high prices, the company stock had fallen into single digits. The one-time powerhouse company remained profitless and struggled just to pay the interest on the $2 billion debt. Trump claimed that the properties were unable to make the improvements necessary for keeping up with its flashier competitors. These financial troubles led to Trump’s second trip into bankruptcy.

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With Freedom from pains or fears!

Posted in Uncategorized on May 27, 2012 by sheriffali

In the clutch of pains that follow me

From my head down to my sole,

I wonder what life holds’ for me?

In the darkness of my world

 

Despite the pangs I would not complain

Even when I pine,

And though at times I feel disdain

I know, I am wholly Thine

 

Beyond this world of wrath and tears

Looms, but the Heavens’ above,

With freedom from pains or fears

And the bounty of my Father’s love

 

So, in the midst of my circumstance

In this blessed evening shade,

I’ll live by faith and not by chance

Strong in heart and unafraid!

 

© Sheriff G Ali – May 9, 2011 -2012Image

Now that the Chinese Dissident is on his way to the United States, is the man who stands for nothing; amnesia Mitt Romney, and who constantly changes his positions going to apologize for his derogatory remarks?

Posted in Uncategorized on May 19, 2012 by sheriffali

Is Mitt Romney, the double-dealing; constantly position changing man who stands for “nothing,” going to apologize for his derogatory remarks about President Obama’s handling of the Chinese Dissident while Secretary of State Hillary Clinton was meeting with Chinese Officials on serious economic and security matters, now that the Dissident is on a United Airlines Flight with his family bound for the United States May 19, 2012.

 

Romney said:

 

Campaigning in Virginia, the Republican presidential candidate said reports that American officials allowed Chen Guangcheng to leave the embassy represented a “dark day for freedom.” And a “day of shame for the Obama administration.”

 

And, Romney went on to say:

 

Romney says the U.S. should be a “place of freedom.” He suggested the administration abandoned Chen for political reasons.

 

The Wall Street Journal published the most extensive report on Romney’s remarks, including this quote;

 

“The reports are, if they’re accurate, that our administration willingly or unwittingly communicated to Chen an implicit threat to his family. And also probably sped up, or may have sped up, the process of his decision to leave the embassy because they wanted to move on to a series of discussions that Mr. Geithner and our secretary of state are planning on having with China.”

 

Sheriff Ali

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This world, after all our science and sciences, is still a miracle, wonderful, inscrutable, and magical and more, to whosoever will think of it.”

Posted in Uncategorized on May 17, 2012 by sheriffali

Thomas Carlyle, [1795-1881] following Plato, [437 B.C.] pictures a man, a deep pagan thinker, who has grown to maturity in some hidden cave and is brought out suddenly to see the sun rise. “What would his wonder be,” exclaims Carlyle, “his rapt astonishment at the sight we daily witness with indifference! With free, open sense of a child, yet with the ripe faculty of a man, his whole heart would be kindled by that sight… This green flowery rock-built earth, the trees, the mountains, rivers, many-sounding seas; that great deep sea of azure that swims overhead; the winds, sweeping through it; the black cloud fashioning itself together, now pouring out fire, now hail and rain; what is it? Ay, what? At bottom we do not yet know; we can never know at all…”

 

 

“Life is not a problem to be solved but a mystery to be lived; and love can never be explained, it can only be experienced!”

 

Sheriff AliImage

In 1967 The United States Supreme Court ended discrimination against “Interracial Marriage, and it is inevitable that the discrimination against “Gay-Rights,” would also come to an end in the not too distant future!

Posted in Uncategorized on May 14, 2012 by sheriffali

 

“There was a time in our Country when interracial marriage was actually breaking the law. However, despite that despicable past – “we overcame.” It is inevitable that the same would be with the “Gay-Rights-Marriage-Issue.” Prejudice and Bigotry drove the interracial discrimination, the same as it is now with the Gay Rights Issues, and back then as it is now, “God and the Bible is the excuse for this wantonness of phantasmagoric rationales and internecine advocacies!”

 

The United States Supreme Court ended interracial marriage discrimination in a Land-Mark Case in 1967,

 

U.S.Supreme Court

Loving v.Virginia, 388U.S.1 (1967)

Loving v. Virginia

No. 395

Argued April 10, 1967

Decided June 12, 1967

388 U.S. 1

APPEAL FROM THE SUPREME COURT OF APPEALS OF VIRGINIA

Syllabus

Virginia‘s statutory scheme to prevent marriages between persons solely on the basis of racial classifications held to violate the Equal Protection and Due Process Clauses of the Fourteenth Amendment. Pp. 388 U. S. 4-12.

206 Va. 924, 147 S.E.2d 78, reversed.

 

http://supreme.justia.com/cases/federal/us/388/1/case.htmlImage

Obama is his mother’s son!

Posted in Uncategorized on May 12, 2012 by sheriffali

By David Maraniss, Published: May 11-2012 Washington Post!

Barack Obama’s mother died on Nov. 7, 1995, a few weeks before her 53rd birthday. She was less than two years older than the president is now. Her death from uterine cancer came between two key events in her son’s life. Four months earlier “Dreams From My Father” had been published; it seemed destined to drown unnoticed in the deep ocean of books. One year later Obama won his first election, to theIllinoisstate Senate, the initial stop on his swift journey to the White House that, along the way, brought a mass audience to that forgotten memoir, which in its best-selling revival defined his political image and provided him with lifelong financial security.

The title of the book was at once understandable and misleading. Obama barely knew his father except in dreams, or nightmares. He spent time with the old man only once, when he was 10, for an unsatisfying month. It is harsh to say but nonetheless likely that Barack Obama II was lucky never to have lived with Barack Obama Sr., an abusive alcoholic. By far the most influential figures in Obama’s early life were his mother and grandmother. He has some of the demeanor of his grandmother and the will and much of the outlook of his mother. “Dreams From My Mother” better evokes his life’s story.

She was a woman of many names. Born Stanley Ann Dunham, she assumed, as most people did, that her unusual first name was imposed by her father. An uncle tells a different story, attributing the choice to Madelyn Dunham, Stanley Ann’s mother, who as a small-townKansasgirl yearned to emulate Bette Davis, the sophisticated actress she saw on the big screen at the air-conditionedAugustaTheater. While Madelyn was pregnant,Daviswas starring in a movie in which she played a female character namedStanley. (As it happened, no two people could have been less alike than Madelyn’s daughter and this film character, who was cruel, cunning and racist.) Stanley Ann became Stannie Ann in grade school,Stanleyin high school and, finally, Ann in adulthood. Her last name changed as often, from Dunham to Obama to Soetoro to a final spelling of Sutoro.

By any name, she was a searcher. She married a Kenyan and an Indonesian (both marriages collapsed; the first quickly, the second slowly) and spent most of her adult life overseas. She was constantly on the move. She earned a doctorate in anthropology and had an anthropologist’s nature as a participant observer, a character trait shared by her son. She was fascinated by other cultures and ways of living. A polyglot, she could speak Bahasa Indonesia fluently and had a working knowledge of Urdu, Hindu, Javanese, French and Latin. There was never a foreign film she did not want to see, a batik dress she did not want to wear, a mythology she did not wish to understand. InIndonesia, where she spent most of her adult life, she became obsessed with the work of rural blacksmiths, who were said to forge human souls. She devoted herself later to helping Javanese women maintain their handicraft livelihoods in a male-dominated society that practiced what she called “the gentle oppression” of women. She would wake up before dawn every morning and, in notebooks with the black-and-white speckled covers, record her travels, her encounters and her hopes for people, including her only son.

Barack Obama’s relationship with his mother was complicated. She called him Barry or Bar (sounds like bear). She pushed him to be serious and to look at people with empathy. He always felt protective of her, according to his memoir. He describes a scene in which she told him that she intended to marry Lolo Soetoro and that, after the marriage, they would all live in Indonesia. As Obama recalls it, he turned to her and asked, “But do you love him?” — a question that made her chin tremble. It was, at the least, precocious. At the time he was only 31 / 2. But it was also in keeping with one of the themes that weaves through his dealings with his mother over the years — that she was naive and idealistic, sometimes too good for her own good. In the journal that his New York girlfriend, Genevieve Cook, kept during their time together in the early 1980s, Cook wrote, “Told me the other night of having pushed his mother away over past 2 years in an effort to extract himself from the role of supporting man in her life — she feels rejected and has withdrawn somewhat.”

Ann once joked that she had children with a Kenyan and an Indonesian so that the kids would not have light skin and get sunburns. She herself looked like a Kansasschoolmarm, she noted, which made it easy for her to sail through Customs during her foreign comings and goings. Barry, the hapa Kenyan, and his little sister Maya, the hapa Indonesian, could never say the same. The mother and her two children struggled to find their identities, but in very different ways. Ann found hers through her work and travels, a lifestyle that, among other things, meant she and her son were apart for most of his adolescence, he inHonolulu with his grandparents, she inIndonesia. The search for identity was more psychological for her children, something that Maya said her mother must have understood but never fully acknowledged. In her career, Ann was idealistic but not naive. If she at times came across as naive to her children, it was in the role of a mother not wanting her children to suffer.

“She made sure that laughter was the prevailing form of communication and that nothing ever became acrimonious and that everything was pretty and everything was sacred,” Maya told me during an interview. “Maybe she didn’t want us to suffer with identity. She wanted us to think of it as a gift. The fact that we were multilayered and multidimensional and multiracial — it meant that she was perhaps unprepared when we did struggle with issues of identity. She was not really able to help us grapple with that in any nuanced way. Perhaps she felt that if she did acknowledge the difficulty of it, she would feel guilty.”

No guilt on Mother’s Day. Barack Obama’s mother, by any name, did not live to see her son’s rise, but she shaped the essence of this president.

 

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The hypocrisy of Billy Graham and the self-righteous people that call themselves Christians; by condemning and denying Gays and Lesbians, their equal rights in our wonderful marvelous country – The United States of America!

Posted in Uncategorized on May 10, 2012 by sheriffali

Reverend Anne Graham Lotz (The daughter of Billy Graham) said; “Please join me in praying that God’s institution of marriage would be preserved and protected in North Carolina…for our own good.”

 

This is highly hypocritical of Mrs. Graham, her father and brother, Billy Graham,  and Franklin Graham and those that advocate this nonsense, not because of their opinion, but, because they quote passages from the Bible in doing so. If they like others believe that the Bible is the word of God and must be followed “literally,” then Anne Graham Lotz shouldn’t be preaching, and her father and brother should be critical of her as they are about “Gay-Rights.”

 

In and around 69 AD in the Apostle Paul’s Epistles [Letters], Paul had some harsh comments about “homosexuality,” but he also had severely harsh words about “women.”

 

Paul wrote that “Women should be quite in Church and if they need to know anything, they should wait until they get home and ask their husbands. He also wrote that women should not wear what we call today – “makeup;” jewelry and fancy clothes; that women should obey their husbands.

 

Jesus Christ said; “if your hand causes you to sin you should cut it off, for it is better to go toParadisewith one arm than the pit of fire with both. He also said that if your eyes cause you to sin you should pluck it out, for it is better to go toParadisewith one eye than the pit of fire with both.

 

Was Jesus advocating that we should take a machete and ice-pick and cut off one hand  and pluck out one eye? I don’t believe that is what the Lord was telling us. I believe that Jesus way saying that if your hands are causing you to steal or your eyes are causing you to covet, “one should pray and ask God to grant you His Grace to abstain from those things.”

 

Now, if the Grahams of this world and people who are always using the Bible quotations really believe what comes out of their mouths, then each and everyone of them should only have one arm and one eye, because it is self evident that each and everyone of us have failed not just once but time and time again as it pertains to Jesus’ statements.

 

From the Pope to his Cardinals, Archbishops, Archdioceses;  Reverends, Ministers, Preachers, Moslem-Imams and all those that appoint themselves as God’ s spokesmen and spokeswomen, that uses the Bible, the Quran and any other Theological Book as a means to an end with half-truths and deception to impute their ideology on others, they are the worst of the worst of society, because after all, by doing so for those that call themselves followers of Christ, they Crucify our Lord over and over by violating the most essential two things that Christ said;

 

Our Lord said; “The first and greatest commandment is to love the Lord They God with all thy heart; all they soul; and all they mind; and the second greatest commandment is to love they neighbor as thyself.”

 

I am no Atheist but I defend the rights of the Atheist to choose what he or she wants to believe; After all, God gave each and everyone of us “free will to chose.” I condemn no one’s religion or their beliefs, but what I do condemn is their phantasmagoric rationales and internecine advocacy, by using fear and hate under the cover of the Scriptures as a deceitful means to a deceitful end – in promoting their ideologies to impute their arrogant, self-righteous, conceited, hypocritical beliefs, unto others that disagree with them!

 

I am a believer in God through Christ; I do not belong to any religion; I do not attend anyone’s church; Mosque;Templeor the likes, I am just a man, fallible and imperfect, who makes it from one day to the next by the infallible Grace of God. Hence, I am just a man, but a spiritual man.

 

I am a survivor of cancer and woke up from a coma against all odds. I lived to tell about it which can be found in my writings; “What I saw in a coma.” Open the link, your choice!

Imagehttp://sheriff-g-ali.com/writings/writingspiritualcat-whatisaw.html

 

 

Sheriff Ali