In the News II

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October 30th, 2024 at 10:16:45 AM permalink
rxwine
Member since: Oct 24, 2012
Threads: 217
Posts: 22930
Quote:
MyPillow CEO Mike Lindell's company has refused to repay a loan that reportedly includes 360% interest fees.

According to The Minnesota Star Tribune, Lindell's company took out the $600,000 loan during a cashflow panic last month. MyPillow agreed to pay $16,000 a day in interest as a part of the contract.


https://www.msn.com/en-us/money/companies/mike-lindell-s-cash-strapped-company-accepts-loan-with-360-interest-then-refuses-to-pay/ar-AA1td8t5?ocid=msedgntp&pc=HCTS&cvid=7bbf7ac35d054982a72d99453db4311c&ei=13

He's claiming the loan is illegal after taking the money.
"Trumpsplain (def.) explaining absolute nonsense said by TRUMP.
October 30th, 2024 at 11:27:38 AM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 137
Posts: 21195
Quote: rxwine
https://www.msn.com/en-us/money/companies/mike-lindell-s-cash-strapped-company-accepts-loan-with-360-interest-then-refuses-to-pay/ar-AA1td8t5?ocid=msedgntp&pc=HCTS&cvid=7bbf7ac35d054982a72d99453db4311c&ei=13

He's claiming the loan is illegal after taking the money.


Kind of like saying a loan was "fraud" after the lender appraised the property on their own?
War is peace. Freedom is slavery. Ignorance is strength
October 30th, 2024 at 12:00:26 PM permalink
rxwine
Member since: Oct 24, 2012
Threads: 217
Posts: 22930
Quote: AZDuffman
Kind of like saying a loan was "fraud" after the lender appraised the property on their own?


There’s all kinds of crimes just involving falsifying information where two parties agree. And there are plenty of crimes where no actual damage occurred, up to and including plotting a murder but not succeeding.
"Trumpsplain (def.) explaining absolute nonsense said by TRUMP.
October 30th, 2024 at 12:22:23 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 137
Posts: 21195
Quote: rxwine
There’s all kinds of crimes just involving falsifying information where two parties agree. And there are plenty of crimes where no actual damage occurred, up to and including plotting a murder but not succeeding.


No information was falsified in the Trump case. No victim, no crime. Been proven over and over again.
War is peace. Freedom is slavery. Ignorance is strength
October 30th, 2024 at 1:05:05 PM permalink
rxwine
Member since: Oct 24, 2012
Threads: 217
Posts: 22930
Quote: AZDuffman
No information was falsified in the Trump case. No victim, no crime. Been proven over and over again.


"Proverbs 12:22: "Lying lips are an abomination to the Lord..." Might as well become an atheist. You’re really racking up the false claims.
"Trumpsplain (def.) explaining absolute nonsense said by TRUMP.
October 30th, 2024 at 1:22:31 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 137
Posts: 21195
Quote: rxwine
"Proverbs 12:22: "Lying lips are an abomination to the Lord..." Might as well become an atheist. You’re really racking up the false claims.


The false claim was he somehow frauded a bank.
War is peace. Freedom is slavery. Ignorance is strength
October 30th, 2024 at 1:59:26 PM permalink
GenoDRPh
Member since: Aug 24, 2023
Threads: 5
Posts: 2824
Quote: rxwine
https://www.msn.com/en-us/money/companies/mike-lindell-s-cash-strapped-company-accepts-loan-with-360-interest-then-refuses-to-pay/ar-AA1td8t5?ocid=msedgntp&pc=HCTS&cvid=7bbf7ac35d054982a72d99453db4311c&ei=13

He's claiming the loan is illegal after taking the money.


Lender should've taken collateral for the loan instead of purchasing unpaid invoices.
October 31st, 2024 at 1:21:48 AM permalink
odiousgambit
Member since: Oct 28, 2012
Threads: 165
Posts: 6374
ordinary consumers are protected from loan-shark interest rates by usury laws, but I'm not sure about businesses having such protection
I'm Still Standing, Yeah, Yeah, Yeah [it's an old guy chant for me]
October 31st, 2024 at 8:18:48 AM permalink
DoubleGold
Member since: Jan 26, 2023
Threads: 34
Posts: 4237
I wonder if he was offering the children candy.


Is Harris a step-up or step-down from Biden?

She looks like a step-up, although he defeated her in the election.

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The One That Got Away: Joe Biden Looks Completely Dejected after Young Girl Flees His Pawing Hands at White House Halloween Party – VIDEO

Oct. 31, 2024
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https://www.thegatewaypundit.com/2024/10/one-that-got-away-joe-biden-looks-completely/

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November 1st, 2024 at 3:52:57 PM permalink
terapined
Member since: Aug 6, 2014
Threads: 76
Posts: 12501
Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World"