Posted on 09/27/2015 10:03:50 AM PDT by Steelfish
LoL It seems the WaaaaPooh puts out at least 1 negative story on Trump every hour every day of the week.
So he lost before the first vote was cast? (phft, hooey!)
RCP Average 9/17 - 9/24
Trump 23.4
Carson 17.0
Fiorina 11.6
Rubio 9.6
Bush 9.2
Cruz 6.2
In my math, Trump looks like a front runner.
Well they certainly weren’t going to point out Carson’s gains in the polls since saying “NO” to muzzie presidents.
Poll from August 2015???
Nope, look again Fish.
The Washington Post is now owned Jeff Bezos of Amazon.
The Grahams, who had owned the paper for a long time, gave up because of the paper’s financial losses and sold it to Bezos.
Meanwhile the NY TIMES, which had to sell its own building a few years ago to stay afloat financially,
is now basically owned by Mexican billionaire Carlos Slim,
who gave them a loan they will never be able to repay.
............................................................
Carlos Slim Still Reaping Big Rewards From NY Times Loan
January 21, 2014
http://www.bloomberg.com/news/articles/2014-01-21/carlos-slim-still-reaping-big-rewards-from-ny-times-loan
Jan. 21 (Bloomberg) — Billionaire Carlos Slim is poised to double his money after investing $250 million in a 2009 lending agreement with the New York Times, showing how dearly the newspaper’s owners paid for his help.
Slim, who controls mobile-phone carrier America Movil SAB and is the world’s second-richest person according to data compiled by Bloomberg, already has earned $122 million from his loan to the Times, based on an annual interest rate of 14 percent and a 12 percent premium charged to the company when its debt to Slim was redeemed in 2011. Under the terms of the loan, the Times still owes Slim additional shares worth as much as $141 million based on the Jan. 17 stock price, thanks to options he received to buy shares at what is now a deep discount.
Slim’s loan to the Times gave the publisher time to sell some assets and bolster a digital-subscription strategy to offset slumping ad sales. The agreement with Slim required the parent New York Times Co. to accept terms that effectively reduced a stock market windfall five years later. By selling 15.9 million shares at a fraction of their market value, the company risked giving up more than $100 million it could raise through an offering to the public.
The 14 percent interest rate charged to Times Co. on Slim’s loan, which was announced Jan. 19, 2009, compared with the average bond yield of 13.41 percent that day for similarly rated borrowers on the Bank of America Merrill Lynch 1-to-10-Year BB U.S. High Yield Index. Standard & Poor’s rated Times Co. BB- at the time, three steps below investment grade. The publisher’s ranking is now one step lower at B+.
The interest on Slim’s loan was the highest rate Times Co. paid on debt dating back to at least 1995, according to data compiled by Bloomberg.
As of last week’s close, Slim’s profit from the loan stood at $263 million, including the loan’s interest and premiums and the warrants issued by Times Co. as part of the loan deal. They let Slim buy shares for $6.36 apiece, less than half Times Co.’s $15.22 close last week in New York trading. That gives Slim $8.94 in potential profit for each of the 15.9 million shares he’s allowed to buy.
Expiration Date
Times Co. gave Slim such a profitable deal because it found itself under pressure in early 2009, with a $400 million credit line months away from expiring. Rather than hurry to sell off businesses for cash amid the chaos of the global financial crisis, the company made the deal with Slim, giving it breathing room it used to eventually find buyers for units such as About.com and the Boston Globe.
The interest on Slim’s loan cost Times Co. about $35 million a year — more than double what it was paying in interest for the expiring credit line.
A $263 million return is still a drop in the bucket for Slim, whose $69.6 billion fortune puts him behind only Bill Gates among the world’s richest, according to the Bloomberg Billionaires Index. Slim, who turns 74 next week, gets most of his net worth from the companies he controls in Mexico, led by America Movil, Latin America’s biggest wireless company.
Besides his Times Co. stock warrants, Slim also holds 11.9 million shares of the company, mostly accumulated before the loan deal. He didn’t disclose what he paid for the bulk of that stock, making it difficult to calculate how much he has profited from the stake, though he has collected about $1 million in dividend payments.
If the billionaire chooses to exercise his warrants and keep the shares, he would own almost a fifth of Times Co. Slim’s loan in 2009 raised concerns that one of the most venerated U.S. newspapers would be beholden to the Mexican billionaire, who battles accusations of being a telecommunications monopolist in his home country. “Who is Carlos Slim, and does he want the paper of record?” read a headline in the New Yorker. “Let’s keep an eye on Senor Slim,” media columnist Jack Shafer wrote in Slate.
The main stream press can cherry pick our politicians but it’s decline is clear
Wish he would stop wearing that red hat. He needs some new material too. Still, he’s the best so far along with Cruz.
Agree wholeheartedly...
Typical misinformation attempt by the Propaganda Ministry to tell all of the “uninformed” what is “best” for “us”
Simple mental filter to avoid confusion is to think “inversionally”, i.e. it is not what they say that states the fact it is the part(s) they do NOT mention...
Control the narrative, create a “crisis”
Trump and his success and connection with a frustrated American populace has as Admiral Yamamoto said of taking on America who his Generals and Admirals thought too soft to fight...
He said in response after the attack “I fear we have awakened a sleeping giant”
They have, the Indomitable American Spirit and we are fed up with being told what to do, think, say, eat...
No MORE!!
Business, Politics, Education, all of them are shaking and running scared as the very Foundations of the Progressive agenda are crumbling and they cannot stop it...
Sic Semper Tyrannous!
Trump is still ahead. This Monday when he releases his income tax plan will be interesting to see if the support goes up or down. No matter for me, Trump is the best candidate for President and will drive the liberals crazy with his strength. He will destroy all King Obama forced on us and the communists Democrats will slowly evaporate.
I fully expect Trump to drop out of the race any day. He’s only 20 pts ahead of Carson in a neck and neck race in the latest Zogby poll out yesterday. LOL!
Bradley effect. Stowe it WP!
Polls are not made to reflect public opinion but to infect it.
“Rush mentioned that the Washington Post has abandoned journalism.”
The corrupt liberal media, formerly known as mainstream, can not even report the weather without mentioning the Global Warming Theory.
Ho hum...
New polls show “movement”.
This newsflash allows pollsters to cherry-pick data in an attempt to “prove” their preferred narrative is “correct”.
Let’s wait to see how the polls look NEXT month, after Hillary and Jeb have dropped out.
they certainly weren’t going to point out Carson’s gains in the polls since saying “NO” to muzzie presidents.
//////////////
Damn right!!!
With the multiple daily hit pieces written against Trump are there any actual articles written on a daily basis by anyone that supports him?
Is there anyone writing daily hit pieces against the other contenders?
I don’t even see many hit pieces on Hillary other than her email issues.
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