Tuesday, June 6, 2023

BIDEN FOR BILLIONAIRES - Ingraham: Everythings ‘falling’ under Biden - DESTROYING AMERICA AND FILLING THEIR POCKETS AS THEY DO - Owner of Biggest Hotel in San Francisco Gives Up Amid Downtown Woes

 


Owner of Biggest Hotel in San Francisco Gives Up Amid Downtown Woes

San Francisco cable car (Joel Pollak / Breitbart News)
Joel Pollak / Breitbart News

The owner of two major hotels in downtown San Francisco is preparing to give the properties up to foreclosure as the city’s downtown decline continues, with retail shops leaving the area amid crime and homelessness.

The San Francisco Chronicle reported Monday:

The owner of two of San Francisco’s biggest hotels — Hilton San Francisco Union Square and Parc 55 — has stopped mortgage payments and plans to give up the two properties, in another sign of disinvestment in hard-hit downtown.

Park Hotels & Resorts said Monday that it stopped making payments on a $725 million loan due in November and expects the “ultimate removal of these hotels” from its portfolio. The company said it would “work in good faith with the loan’s servicers to determine the most effective path forward.”

The 1,921-room Hilton is the city’s largest hotel and the 1,024-room Parc 55 is the fourth-largest, and together they account for around 9% of the city’s hotel stock. The hotels could potentially be taken over by lenders or sold to a new group as part of the foreclosure process.

San Francisco has been suffering an exodus of major retail stores from the Union Square area over the past several months. The city also lost residents during the pandemic, and there are fewer commuters due to a shift to work-from-home in the tech industry. Amid a looming commercial real estate collapse, experts are advising the city to think about creative and drastic solutions to bring visitors back to the city before it is too late.

The Chronicle notes that tourism spending in the city is up, but convention attendance has fallen drastically and is not expected to recover for years. The cost of living in the city also remains high, despite its troubles.

Mayor London Breed has been at pains to deny that the downtown area is facing economic collapse, as have left-wing pundits eager to deflect criticism of years of soft-on-crime policies. But the crisis continues to worsen.

Joel B. Pollak is Senior Editor-at-Large at Breitbart News and the host of Breitbart News Sunday on Sirius XM Patriot on Sunday evenings from 7 p.m. to 10 p.m. ET (4 p.m. to 7 p.m. PT). He is the author of the new biography, Rhoda: ‘Comrade Kadalie, You Are Out of Order’. He is also the author of the recent e-book, Neither Free nor Fair: The 2020 U.S. Presidential Election. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship. Follow him on Twitter at @joelpollak.

San Francisco Mayor: Biden Needs to Do More to Fight Fentanyl

San Francisco Mayor London Breed talks during a briefing outside City Hall in San Francisco on Dec. 1, 2021. The San Francisco Board of Supervisors will consider Thursday, Dec. 23, 2021, an emergency order to speed up the city’s ability to stem the high number of overdose deaths in the …
AP Photo/Eric Risberg

San Francisco Mayor London Breed said Monday that President Joe Biden is not doing enough to fight the scourge of fentanyl and needs to do more.

Breed led a bipartisan group of mayors in a resolution adopted at the U.S. Conference of Mayors meeting in San Francisco. The resolution reads, in part:

The United States Conference of Mayors adopted a resolution sponsored by Mayor London N. Breed to support urgent and increased federal enforcement and public health interventions to address the fentanyl crisis. The resolution was supported by a bi-partisan group of Mayors from across the country. 

“Locally we are doing all we can to address the challenges of open-air drug dealing of fentanyl in our community,” said Mayor Breed. “Despite the strong and laudable efforts of our local law enforcement agencies, we know San Francisco—and cities across the United States—needs more support. The trafficking and dealing of fentanyl is a national crisis, and requires a robust response from the federal government.” 

Specifically, the resolution calls on the Biden Administration to act immediately and increase its enforcement and prosecution of high-level fentanyl drug traffickers and dealers in communities throughout the country. Mayor Breed’s resolution states that it is imperative that the federal government increase its collaboration with local authorities to combat drug trafficking and dealing, and form joint investigations with local law enforcement to pursue these traffickers and dealers.  

Until now, President Biden has primarily faced criticism from Republicans for his lax border policies, which have allowed millions of migrants into the country, as well as drug smugglers bringing in deadly fentanyl.

But Mayor Breed, facing what she calls a “public health calamity” from opioid abuse in San Francisco, has begun demanding that the federal government do more to assist, as state and local efforts have faltered.

The issue has become a potent one in the 2024 presidential race. Former President Donald Trump has vowed to “wage war” on drug cartels, and Democratic Party candidate Robert F. Kennedy says he will seal the border.

Joel B. Pollak is Senior Editor-at-Large at Breitbart News and the host of Breitbart News Sunday on Sirius XM Patriot on Sunday evenings from 7 p.m. to 10 p.m. ET (4 p.m. to 7 p.m. PT). He is the author of the new biography, Rhoda: ‘Comrade Kadalie, You Are Out of Order’. He is also the author of the recent e-book, Neither Free nor Fair: The 2020 U.S. Presidential Election. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship. Follow him on Twitter at @joelpollak.


THIS IS WHAT THE IDIOT GOV IS WORRIED ABOUT IN A STATE THAT HAS TENS OF MILLIONS OF DEM VOTING ILLEGALS!


Gavin Newsom Threatens to Charge Ron DeSantis with ‘Kidnapping’ Migrants

Govs. Gavin Newsom (D-CA) and Ron DeSantis (R-FL). (Ray Chavez, Joe Raedle/Getty Images)
Ray Chavez, Joe Raedle/Getty Images

California Gov. Gavin Newsom (D) accused Florida Gov Ron DeSantis (R) of “kidnapping” 16 migrants who were flown from New Mexico to Sacramento, California, allegedly without advance preparation for their arrival.

According to the Los Angeles Times, “The 16 migrants from Venezuela and Colombia were initially transported by bus from El Paso to New Mexico, where they boarded the flight to Sacramento, officials said. They were dropped off at the doorstep of the Roman Catholic Diocese of Sacramento on Friday.”

California Attorney General Rob Bonta issued a statement on Saturday accusing the state government of Florida of being behind the transfer of the migrants, who initially crossed the U.S. border in Texas.

Millions of migrants have crossed the border, many illegally, since President Joe Biden has taken office. Texas has a policy of relocating some migrants to other states and cities, often “sanctuary cities” run by Democrats.

Florida, too, has relocated migrants who were initially sent to the state. Last fall, DeSantis sent a planeload of migrants to Martha’s Vineyard, the offshore haven where the members of the Democratic Party elite have homes. The island, unable to accommodate the migrants despite the proliferation of political signs welcoming immigrants to the country, relocated the migrants to a shelter on a mainland military base within 24 hours.

Newsom, who spends a great deal of his time on social media trolling conservative governors, especially DeSantis, accused DeSantis of kidnapping on Monday, though there is no evidence DeSantis was involved:

Newsom, who left his state for a vacation in Mexico during deadly blizzards earlier this year winter, did not address the underlying migrant issue, or California’s generous welfare policies toward illegal migrants.

The Times notes that California authorities have yet to release documents proving that Florida was involved; the migrants never entered Florida.

Joel B. Pollak is Senior Editor-at-Large at Breitbart News and the host of Breitbart News Sunday on Sirius XM Patriot on Sunday evenings from 7 p.m. to 10 p.m. ET (4 p.m. to 7 p.m. PT). He is the author of the new biography, Rhoda: ‘Comrade Kadalie, You Are Out of Order’. He is also the author of the recent e-book, Neither Free nor Fair: The 2020 U.S. Presidential Election. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship. Follow him on Twitter at @joelpollak.

California State Senate Passes Bill to Give Illegal Migrants Unemployment Checks

California unemployment (Marcio Jose Sanchez / Associated Press)
Marcio Jose Sanchez / Associated Press

California’s State Senate passed a bill last week to give unemployed illegal migrants $300 weekly unemployment checks for up to 20 weeks, despite the fact that the state faces a $32 billion budget deficit.

As Breitbart News reported last month:

California’s fiscus has fallen in the space of one year from a surplus of $100 billion, partly based on federal cash for coronavirus relief, to a staggering deficit of $32 billion.

In his revised budget, Gov. Gavin Newsom (D) cautioned legislators to maintain “prudence.” But under SB 227, “excluded” workers who are in the country illegally would be able to receive $300 per week in benefits.

California’s unemployment insurance program is already controversial, having lost $30 billion in fraudulent claims during the pandemic. The state recently defaulted on a federal loan to cover a shortfall in benefits.

Now, the Washington Free Beacon reports, the bill, SB 227, proposed by State Sen. María Elena Durazo (D-Agoura Hills), has passed the State Senate and moves to the Assembly, with heavy potential implications:

Under SB 227, unemployment fund officials would be barred from asking for claimants’ social security number eligibility or contacting past or present employers to verify their job status. Instead, applicants would self-attest that they meet the requirements for the weekly checks: having earned at least $1,300 or worked at least 93 hours over three months. Acceptable documentation would include tax returns, transaction logs on payment apps, and receipts that show a commuting pattern.

The State Senate passed the measure just months after Gov. Gavin Newsom (D.) said the undocumented migrant influx could “break” California.

The Golden State already offers free health coverage and driver’s licenses to illegal immigrants. More than two million illegal immigrants live in California.

Joel B. Pollak is Senior Editor-at-Large at Breitbart News and the host of Breitbart News Sunday on Sirius XM Patriot on Sunday evenings from 7 p.m. to 10 p.m. ET (4 p.m. to 7 p.m. PT). He is the author of the new biography, Rhoda: ‘Comrade Kadalie, You Are Out of Order’. He is also the author of the recent e-book, Neither Free nor Fair: The 2020 U.S. Presidential Election. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship. Follow him on Twitter at @joelpollak.

Multimillionaire Disney-Marvel Star Mark Ruffalo Roasted for Call to Tax Billionaires at 90 Percent

NEW YORK, NEW YORK - NOVEMBER 29: Mark Ruffalo speaks onstage during the 2021 Gotham Awards Presented By The Gotham Film & Media Institute on November 29, 2021 in New York City. (Photo by Jemal Countess/Getty Images for The Gotham Film & Media Institute)
Jemal Countess/Getty Images for The Gotham Film & Media Institute

Left-wing Disney-Marvel star Mark Ruffalo has taken a beating on social media after he issued a call to tax billionaires at 90 percent. In a Twitter post on Saturday, Ruffalo, best known for his role as Hulk/Bruce Banner in the Avengers series, shared an article from the far-left outlet Daily Kos that called to tax billionaires at 90 percent.

“When you tax billionaires at 90 percent, they’re still fabulously rich and you have the resources to rebuild a healthy and happy middle class across the nation,” Ruffalo quoted the article in his post.

The article essentially argued that America became a dystopia ever since the Republican-led “roaring 20s” when the tax rates fell.

“The last time we saw the consequences of such inequality was during the Republican ‘Roaring ‘20s’ 100 years ago, when Warren Harding dropped the top income tax rate from 91 percent to 25 percent, the morbidly rich openly bought our politicians, and gangs whose names are still known today roamed the country robbing and killing with impunity,” the article argued.

“Franklin D. Roosevelt’s New Deal put an end to all that, and we need to repeat his example today,” it added. “FDR raised the top income tax bracket from 25 to 90 percent. Wealthy people in America screamed and yelled, claiming it would crash the economy, but instead that top tax rate kicked off the first middle class to encompass more than half a nation’s population in world history.”

Questions over FDR’s New Deal policies and whether or not they prolonged or solved the Great Depression has been a subject of intense debate for years, with Republicans often charging that FDRs policies not only did nothing to solve the Depression but actually made it worse.

Nonetheless, since Mark Ruffalo boasts a net worth of roughly $35 million, his critics on Twitter quickly pointed out that he should be the first to jump down the 90 percent tax hole.

Paul Roland Bois joined Breitbart News in 2021. He also directed the award-winning feature film, EXEMPLUM, which can be viewed on TubiGoogle PlayYouTube Movies, or Vimeo on Demand. Follow him on Twitter @prolandfilms or Instagram @prolandfilms.


Are You Prepared For The Economic Fallout? - Gerald Celente



Confidence lags (again) in Biden's economy

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