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| | Tavakoli Structured
Finance, Inc. |
| | Allow me to issue and control a nation’s money, and I care not who makes the laws.”
—Mayer Amschel Rothschild |
| | President Trump: Promises Made,
Promises Broken
President
Trump is running for reelection, so it’s time to hype another 2016 failed
promise, as if it were never a promise. He’s “floating”
the idea of ending anchor baby status with an Executive Order. Yet he promised
to use an executive order to end anchor baby status on day one of his presidency.
Since he was
elected, using 2014 numbers
as the low-end estimate, at least 410,000 anchor babies have been born. The
high end of that estimate is a whopping 780,000 anchor babies (300,000 per year
for 2.6 years of Trump). If you don’t
like my estimates, here are Pew
Research’s numbers as of November 2018 when President Trump was again
threatening he’d end anchor baby status and didn’t.
He’s made a
joke out of his slogan: “Promises Made, Promises Kept.” Why not just say “Mission
Accomplished”? |
| | Two Examples of First Class Gaslighting
The first is Robert
Mueller. I believe he was acting, and he was brilliant. He’s laughing all the
way to the bank.
When you
study how to be a witness, the posture is completely different depending on
whether one is an expert witness or one is a witness in one’s own defense. In
the latter case, acting incompetent and forgetful is in one’s best interest. But Mueller was fast and lucid with yes or no responses when questioned by friendly
Democrats. Mueller gave a master class in how to protect oneself from
prosecution.
Find Mueller’s
testimony and take notes if you are ever called to give a non-expert witness
deposition. Even Ann Coulter was fooled. She thought he was being abused when
Congress called him to testify. The poor frail old man, who had just earned millions
for his investigation!
SunTrust is making a
social policy judgment by refusing to bank detention facilities that follow
American law. William Rogers, CEO of SunTrust, should step down if he continues
to refuse to bank them, or Congress should
deny the merger. |
| |
Lead
Article in the Journal of Structured Finance
My article, “More Than One
Million Reasons to Lie About Structured Finance,” is the lead article in the
current Spring 2019 issue of The Journal of Structured Finance.
You may recall that the last
time I wrote an article for JSF. It was for the Winter 2006 issue. It was also
the lead article and was titled “The Elusive Income of Synthetic CDOs.” For
many, it was a very long winter. My finance classic, Structured Finance and Collateralized Debt
Obligations was released by John Wiley & Sons in September 2008. It is
an ongoing reference for lawyers, Congress, and students interested in both control
fraud and legitimate instruments, applications, and hedging. It has just been
re-released as a print
replica eBook available only via Amazon for selected reading devices and as
a trade paperback.
It’s
funny to read the reviews of the first edition, mostly snark from “professionals.”
The same people sang a different tune when the financial crisis hit and my
analysis proved sound. |
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