I am happy to inform all of the people living their Suburban Lifestyle Dream that you will no longer be bothered or financially hurt by having low income housing built in your neighborhood…
https://twitter.com/realDonaldTrump/status/1288509568578777088
…Your housing prices will go up based on the market, and crime will go down. I have rescinded the Obama-Biden AFFH Rule. Enjoy!
https://twitter.com/realDonaldTrump/status/1288509572223651840
Twitter defends blocking Trump tweets but not Iran’s Ayatollah Khamenei
A Twitter spokeswoman has defended the company’s decision to block and restrict tweets from President Trump but not those of Iran’s Supreme Leader Ayatollah Khamenei which call for genocide of the Israeli people. The reason? Because the Iranian dictator’s tweets pass as “commentary on political issues of the day” while Trump’s could “inspire harm,” Twitter claims. During a hearing in front of the Knesset, Israel’s parliament in Jerusalem, lawmakers grilled a Twitter representative over why the platform was policing missives from Trump, but not other world leaders such as Khamenei calling Israel “a cancerous growth.” “You have recently started flagging the tweets of President Trump. Why have you not flagged the tweets of Iran’s Ayatollah Ali Khamenei who has literally called for the genocide of Israel and the Jewish people?” asked Arsen Ostrovsk, a human rights lawyer and member of the Israeli Jewish Congress.
“We have an approach to world leaders that presently say that direct interactions with fellow public figures, comments on political issues of the day, or foreign policy saber-rattling on military and economic issues are generally not in violation of our Twitter rules,” the spokeswoman responded. Stunned lawmaker Michal Cotler-Wunsh interrupted: “So calling for genocide is OK?” “Calling for genocide on Twitter is OK, but commenting on political situations in certain countries is not OK?” she continued. A clip of the exchange was shared on Twitter on Wednesday by former acting director of National Intelligence Ric Grenell who wrote: “This should be something the US media reports. Wow.” Iran’s leader has repeatedly shared tweets calling Israel a “deadly, cancerous growth” to be “uprooted and destroyed” — all going unchecked by Twitter. “The long-lasting virus of Zionism will be uprooted thanks to the determination and faith of the youth,” Khamenei wrote as recently as May.
The Twitter spokeswoman worked herself in a knot as she refused to answer why the platform had begun restricting the president’s tweets, but not Khamenei’s — leading to accusations of “double standards.” “If a world leader violates our rules, but it is a clear interest in keeping that up on the servers, we may place it behind a notice that provides some more context about the violation,” the Twitter rep said. “That it has happened for the Trump tweet, that tweet was violating our policies regarding the glorification of violence based on the historical context of the last line of that tweet and the risk that it could possibly inspire harm and similar actions,” she continued. In May, Twitter placed a “public interest notice” on the president’s tweet amid violence in Minneapolis which read: “When the looting starts, the shooting starts,” leading to accusations of censorship and political bias. Big tech CEOs were hauled before Congress on Wednesday as part of an antitrust hearing where Republican lawmakers accused sites such as Facebook, Twitter and Google of being “out to get conservatives.” “I’ll just cut to the chase: Big Tech is out to get conservatives,” Ohio Republican Jim Jordan said. “That’s not a suspicion, that’s not a hunch. That’s a fact.”
https://nypost.com/2020/07/29/twitter-defends-blocking-trump-tweets-but-not-irans-ayatollah-khamenei/
Trump threatens to 'bring fairness to big tech' with executive orders
WASHINGTON (Reuters) - President Donald Trump threatened to “bring fairness” to major technology companies through issuing executive orders on Wednesday, as the lawmakers were set to tangle with CEOs of four of the largest U.S. tech companies at a congressional hearing.
“If Congress doesn’t bring fairness to Big Tech, which they should have done years ago, I will do it myself with Executive Orders. In Washington, it has been ALL TALK and NO ACTION for years, and the people of our Country are sick and tired of it!” Trump wrote on Twitter, a social media company not represented at the hearing.
https://www.reuters.com/article/us-usa-tech-congress-trump/trump-threatens-to-bring-fairness-to-big-tech-with-executive-orders-idUSKCN24U2NJ
https://twitter.com/realDonaldTrump/status/1288506554585505793
NEW: Gavin Newsom Netted Millions (Tax-Free) in Undisclosed “Sweetheart” Loans
We reported over the weekend that California Gov. Gavin Newsom obtained a $2.7 million cashout refi mortgage on his Fair Oaks estate just 90 days after it was deeded to him by an LLC formed by his cousin, Jeremy Scherer. This photo of the Newsoms, tweeted Sunday by Mr. Newsom, was taken in the backyard of that estate. Now, it looks like that loan and a similar cashout refi the Newsoms obtained on their Marin County mansion in November 2017 are “sweetheart” deals that aren’t available to even the most qualified buyers. Between the two deals – which haven’t been reported on the Governor’s financial disclosure forms – the Newsoms were provided with $3.8 million in tax-free cash. (Yes, commenters, they still owe that money to the bank, so it’s not like there are no strings attached.)
Two long-time mortgage professionals who spoke to RedState and who specialize in mortgages and refinancing in this price range were “stunned” that the Newsoms were able to obtain these loans and shared dozens of anecdotes where their own customers or associates weren’t able to. As we reported, on January 27, 2020, approximately three months after receiving the deed to the Fair Oaks home, the Newsoms obtained a cashout refinance for $2,695,000. That’s approximately 80 percent of the home’s appraised value of $3,700,000. There are some circumstances under which borrowers can receive up to 100 percent of the home’s value in a cashout refinance, but “jumbo” loans (loans over approximately $700,000 in Sacramento County) are customarily restricted to no more than 80 percent of the home’s value. Still, obtaining a jumbo cashout refi is complicated and nearly impossible in 2020. Mortgage professional Thomas Zabel, who’s worked in all facets of the industry since 2005, told RedState: “Banks tightened up the guidelines on cashout refi’s in 2019, including decreasing the loan-to-value (LTV) percentage and some requiring that the borrowers have $1,000,000 plus in liquid assets available. Even then, a cashout of nearly $2.7 million on a $3.7 million home in January 2020 simply wasn’t available to any qualified borrower that I know of.”
In addition, the Newsoms would need to have the deed for much longer than 90 days before being considered for a cashout refi. An Orange County real estate agent/former mortgage brokerage owner told RedState: “Borrowers have to have the deed for at least six months to get a cashout refi. Period. Even my highly qualified borrowers with millions in liquid assets are held to that standard. Obviously a bank can make whatever loan they want to make, but there’s no way you or I can walk into a bank and get that kind of deal. It doesn’t exist.” That wasn’t the first time the Newsoms’ “lucked” into a deal that no one else could get – and both of the refinances were done with the same bank, Union Bank. Prior to their move to Sacramento, the Newsoms lived in a ritzy hilltop home in Marin County with views of the San Francisco Bay. They moved to that home in 2011 from San Francisco, taking out a $1,760,000 mortgage on the $2,225,000 purchase price. They refinanced in 2013 for $2,175,000, and then again in October 2017 for $3,225,000 – netting at least $1 million in cash.
Assuming that Zillow “zestimate” is correct, that means that the Newsoms obtained a cashout refi for more than 90 percent of the home’s value, which is way outside the norm for jumbo loans. Again, both of the mortgage experts RedState consulted with said there is no way a regular borrower would be offered this loan, even with a sterling credit score, abundant income, and cash reserves. And, according to a Union Bank rate sheet obtained by RedState, although the bank offers cashout refinancing for primary homes up to 80 percent loan to value (LTV), the maximum a borrower can receive is $750,000. According to the Wholesale Rate Sheet for Jumbo products, even with a stellar credit score a borrower cannot obtain more than $2,500,000 for a purchase, Rate/Term refinance, or Cash Out refinance, and at that amount, the maximum LTV is 70 percent. The Newsoms’ loans were at 92 and 80 percent, respectively.
According to the Wholesale Rate Sheet for Jumbo products, even with a stellar credit score a borrower cannot obtain more than $2,500,000 for a purchase, Rate/Term refinance, or Cash Out refinance, and at that amount, the maximum LTV is 70 percent. The Newsoms’ loans were at 92 and 80 percent, respectively.
https://www.redstate.com/jenvanlaar/2020/07/29/gavin-newsom-received-undisclosed-sweetheart-loans-that-netted-him-3.8-million-tax-free-since-2017/
Just noticing Pelosi..on there and well known that family is mob connected, however, I ran into the name Peloso, east coast connection..makes me wonder if this is just a vowel change to throw off investigators..