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Trump’s Decades of Testimony Reveal Some Details About His Real Estate Empire’s Defence.

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NEW YORK — Donald Trump has testified in court about his experiences as a football owner, casino constructor, and airline buyer. In a deposition, he boasted that as president, he saved “millions of lives” by delaying nuclear war. Another time, he was concerned about the dangers of throwing fruit.

Trump’s  been conditioned by decades of trials and legal wranglings, and he is now prepared to resume his role as a witness under exceptional circumstances: as a former Republican president battling to salvage the real estate enterprise that catapulted him to celebrity and the White House.

Trump is scheduled to testify in his New York civil fraud trial on Monday, a profoundly personal subject that is essential to his image as a successful businessman and threatens to cost him ownership of major buildings such as Trump Tower. His evidence in the trial of New York Attorney General Letitia James’ lawsuit comes on the heels of that of his eldest sons, Trump Organisation executives Eric and Donald Trump Jr., who testified last week. Ivanka, his eldest daughter, is scheduled to testify on Wednesday.

A state counsel teased the former president’s presence as the court adjourned on Friday. When the judge asked who would testify on Monday, Andrew Amer said, “The only witness will be Donald J. Trump.”

According to an Associated Press assessment of court documents and news coverage, Trump has testified in at least eight trials since 1986. He has also testified under oath in over a dozen depositions and regulatory hearings.

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Trump’s Decades Of Testimony Reveal Some Details About How He Plans To Defend His Real Estate Empire.

As owner of the USFL’s New Jersey Generals, he was invited to appear before Congress in 1985, and he testified on behalf of lawyer and friend Roy Cohn during a state disciplinary inquiry that resulted in Cohn’s disbarment. In an early display of his fiery persona, Trump informed the New Jersey gaming board in 1986 that plans for highway overpasses near one of his casinos “would be a disaster.” It would be a disaster.”

Those testimonies, documented in thousands of pages of transcripts and on videotape in certain cases, provide insight into Trump’s likely approach when he testifies in Manhattan.

They draw significant parallels between Trump as a witness and Trump as a former president and current presidential contender. His rhetorical technique in court has echoes of his political zeal: a blend of ego, charm, defensiveness, aggression, cutting language, and evasion. He has been belligerent and bombastic, but he has also been evasive and contemptuous at times.

Trump blasted charges that he had spied on NFL officials at one of his hotels while testifying in the USFL’s antitrust case against the NFL in 1986, calling the claim “such a false interpretation it’s disgusting.”

During a break in his evidence at a federal court hearing in Washington in 1988, as he sought to purchase Eastern Air Lines’ Northeast shuttle service, Trump turned on the charisma, flashing a big smile at the judge’s female law clerks and shaking hands with the bailiff. Trump said that his $365 million acquisition, which was later approved, would provide a “major boost in morale” to staff.

Trump touted a Mike Tyson fight he planned for one of his casinos in Atlantic City, New Jersey, on the stand in a boxing-related matter in 1990 as “one of the greatest rematches you could have.” When accused by two men of excluding them from a riverboat gambling project, Trump claimed ignorance, saying in 1999: “I was shocked by the whole case.” I have no notion who these individuals were.”

Last month, Trump was briefly summoned to the stand in the New York case to clarify comments he made outside of court that the judge ruled breached a limited gag order.

He last testified in court in 2013, two years before launching his successful presidential campaign. An 87-year-old suburban Chicago widower had sued him over contract revisions for a hotel and condominium project in which she had purchased units as an investment. Trump became increasingly upset during his statement, lifting his arms and yelling, “And then she sued me.” It’s incredible!”

On behalf of the plaintiff, Jacqueline Goldberg, Chicago lawyer Shelly Kulwin cross-examined Trump. He claimed that Trump’s testimony inside the federal courthouse in Chicago mirrored the bruising ebb and flow witnessed later at campaign rallies and on television.

“At first, he was calm, but then he became argumentative, defensive, off-topic, and speechmaking.” “That’s exactly what he does now,” Kulwin explained in an interview.

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Trump’s Decades Of Testimony Reveal Some Details About How He Plans To Defend His Real Estate Empire.

“Based on my experience with him, you better be able to have super tight questions, with documents to support them, so that he cannot wiggle around,” she said. “Before he took the stand, I would approach the judge and tell him, ‘Mr. Trump, this is not a political campaign.'” You’re not attempting to get their support. ‘This is a legal action.'”

Goldberg lost to Trump, but she didn’t regret suing him, saying, “Somebody had to stand up to him.” She passed away in August at the age of 97.

Trump has spent seven days in New York, carefully scrutinizing testimony from the defense table but simultaneously lashing out in front of TV cameras in the corridor at the case, the judge, and state lawyers. He has termed the case a “sham,” “scam,” and “a continuation of the single greatest witch hunt of all time.”

In his social media comments about the case, he reveals the trial’s “Perry Mason” moments — testimony and arguments he believes have aided his side — as he pays homage to the classic TV courtroom drama.

Trump testified in a losing case in 1990 regarding his company’s failure to make pension contributions on behalf of around 200 undocumented Polish workers hired to demolish a structure to make space for Trump Tower. A year later, he was again in court in Manhattan, this time testifying against a man who claimed he had a contract to create Trump’s board game and was promised 25% of the earnings from “Trump: The Game.”

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Trump’s Decades Of Testimony Reveal Some Details About How He Plans To Defend His Real Estate Empire.

Trump won that lawsuit, as well as another in 2005, in which he claimed that a construction business “fleeced” him by overcharging him by $1.5 million for work at a golf club in New York’s Westchester County.

Trump’s current New York trial depends partly on how much he and other Trump Organisation executives were involved in assessing his properties and calculating his wealth for the annual financial statements sent to banks, insurers, and others to negotiate agreements and secure funding.

The assertions, according to James, boosted Trump’s net worth by billions of dollars, making him look to lenders as a more creditworthy risk and allowing him to secure lower interest and insurance rates. Trump has repeatedly denied any misconduct.

Eric and Donald Trump Jr. said they relied on an outside accounting firm and the Trump Organization’s financial team to compile the statements, which they felt were correct.

In an April deposition, Trump stated that he never thought his financial records “would be taken very seriously” and that a disclaimer advised individuals doing business with him to conduct their research.

He asserted that the banks James claims were taken advantage of with exorbitant values, suffered no harm, were paid in his transactions, and “to this day have no complaints.” Trump called the lawsuit “terrible,” telling James and her team that “you don’t have a case.”

The judge ruled that the remarks were false before the trial. He started transferring control of some Trump firms to a court-appointed receiver. For the time being, an appeals court has put that on hold.

The non-jury trial is already in its second month and involves accusations of conspiracy, insurance fraud, and fabricating corporate records. James is seeking $250 million in penalties and a prohibition on the defendants doing business in New York in his lawsuit against Trump, his firm, and key officials, including his eldest sons.

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Trump’s Decades Of Testimony Reveal Some Details About How He Plans To Defend His Real Estate Empire.

When questioned about his commercial and financial transactions in the past, Trump has occasionally evaded accountability and culpability. In a 2013 deposition on a failed Florida condominium project, Trump blamed an employee for paperwork indicating that he was building a property when he was not.

“I have a woman that does it,” he explained. He then began dissecting the problematic language, stating, “But you know, developing, the word develop, it can be used in a lot of different contexts.”

Another recurring theme in Trump’s depositions is his surprise that he is being taken seriously for puffing up his real estate projects.

“You always want to put the best possible spin on a property that you can,” Trump stated in a December 2007 deposition in his lawsuit against a journalist he accused of underestimating Trump’s riches. “No different than any other real estate developer, no different than any other businessman, no different than any politician.”

Trump’s propensity for hyperbole will undoubtedly come up on Monday. He and his company are accused of inflating his property valuations and maximizing the outcomes using several tactics. He even described his Trump Tower penthouse in Manhattan as three times its true size for years. He now says that his financial statements understated his fortune and that his Florida resort, Mar-a-Lago, is worth more than $1 billion.

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Trump’s Decades Of Testimony Reveal Some Details About How He Plans To Defend His Real Estate Empire.

Trump is characterizing the civil fraud case and his four criminal proceedings as manifestations of political persecution aimed at impeding his candidature as the Republican front-runner for president in 2024. He has already mentioned his political standing in court, including during a 2016 deposition when he mentioned, unprompted, how he had defeated his Republican primary opponents.

“I have credibility because, as it turns out, I am now the Republican nominee running against a total of 17 people, mostly senators and governors, who are highly respected people.” it’s not like I’ve said something that could be that horrible,” he explained.

Trump defined the president as the “most important job in the world” in his April deposition before boasting about saving lives by preventing North Korean dictator Kim Jong Un from launching a nuclear assault.

Trump waxed poetic about weapons of a different kind in an October 2021 deposition, warning of the risks posed by tomatoes and other fruit, which he worried might be thrown at him on the campaign trail.

“You get hit with fruit it’s — no, it’s very violent stuff,” he went on to say. Trump was testifying in connection with a complaint filed by a group of demonstrators who claimed Trump’s private security guards assaulted them while he was campaigning in 2015.

Trump was asked about a speech in which he urged the audience, “If you see someone about to throw a tomato, just knock the crap out of them, would you?”

“It was said rather jokingly. “Perhaps a little truth to it,” Trump remarked of his statements.

“This is an extremely hazardous material.” “Those things can kill you,” he said. “I wanted people to be prepared because we had been warned that they would do fruit.” And certain fruits are far worse than others — tomatoes, for example. But it’s quite risky.”

SOURCE – (AP)

 

Kiara Grace is a staff writer at VORNews, a reputable online publication. Her writing focuses on technology trends, particularly in the realm of consumer electronics and software. With a keen eye for detail and a knack for breaking down complex topics, Kiara delivers insightful analyses that resonate with tech enthusiasts and casual readers alike. Her articles strike a balance between in-depth coverage and accessibility, making them a go-to resource for anyone seeking to stay informed about the latest innovations shaping our digital world.

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Boeing Whistleblower Died By Suicide, Police Investigation Reveals

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Boeing whistleblower John Barnett committed suicide, according to a police report released on Friday, bringing an investigation into the shocking death of a longtime employee who raised concerns about the airplane manufacturer’s safety and production standards – and who sued the company, alleging illegal retaliation against him.

Barnett, 62, was discovered dead in a vehicle on March 9 from a self-inflicted gunshot wound in Charleston, South Carolina. Officers were summoned to perform a welfare check on Barnett at a Holiday Inn after he failed to appear for a deposition in his complaint against Boeing, according to his lawyers and a police incident report.

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Boeing Whistleblower Died By Suicide, Police Investigation Reveals

When responding officers arrived, they discovered Barnett deceased in the driver’s seat of a truck in the parking lot. He was clutching a firearm. The initial police report also stated a message in the truck.

However, in a statement released after his death, Barnett’s lawyers stated that his deposition was nearing completion and that he appeared to be in high spirits.

“We saw no sign that he would commit suicide. “No one can believe it,” his attorneys, Robert Turkewitz and Brian Knowles, stated in a statement on March 12. “The Charleston police need to investigate this fully and accurately and tell the public what they find out.”

The Charleston Police Department announced Friday that the Charleston County Coroner’s Office had decided that Barnett had committed suicide.

The inquiry revealed that Barnett was shot in the head at close range, with the firearm located in his right hand. A notebook was also discovered in the front seat of the car, indicating that “he was going through a period of serious personal distress,” according to a police press statement.

Police provided CNN with a photograph of a note left in the car, which had several nasty statements addressed at Boeing.

“As this investigation comes to a close, we should not forget it represents the loss of Mr. Barnett’s life,” police stated. “We extend our deepest sympathies to his family during this difficult time and hope they continue to find the strength to persevere in absence.”

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Boeing Whistleblower Died By Suicide, Police Investigation Reveals

Boeing did not immediately respond to requests for comment. In March, the firm expressed its sadness at Barnett’s death.

“Our thoughts are with his family and friends,” the business stated.

Barnett, a former quality manager who had worked at Boeing for decades, told the New York Times in 2019 that he had uncovered dangerous wiring clusters in Boeing’s manufacturing procedures that could have resulted in an aircraft’s catastrophic failure if severed by surrounding metal slivers.

“As a quality manager at Boeing, you’re the last line of defense before a defect makes it out to the flying public,” Barnett told the New York Times. “And I haven’t seen a plane out of Charleston yet that I’d put my name on saying it’s safe and airworthy.”

In a message issued to the facility’s employees and sent to CNN at the time, Brad Zaback, a site leader at the plant and general manager of the 787 program, stated that the Times’ coverage “paints a skewed and inaccurate picture of the program and of our team (at the plant).”

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Boeing Whistleblower Died By Suicide, Police Investigation Reveals

Zaback, who said the Times denied an invitation to tour the company, stated that “quality is the bedrock of who we are” and that the plant produces “the highest-quality airplanes.”

Since Barnett’s original public warnings about Boeing, the corporation has had multiple high-profile safety and quality issues, including the explosion of a door stopper on a 737 Max shortly after takeoff last January. This prompted the US Justice Department to announce that Boeing could face criminal charges for its history of safety issues.

SOURCE – (AP)

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Bike Shops Boomed Early In The Pandemic. It’s Been A Bumpy Ride For Most Ever Since

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For the nation’s bicycle stores, the last several years have certainly felt like the business version of the Tour de France, with innumerable twists and turns testing their stamina.

Early in the pandemic, a surge in interest in cycling drove sales up 64% to $5.4 billion in 2020, according to Circana, the retail tracking firm. It wasn’t uncommon for some stores to sell 100 or more bikes in a few days.

The boom did not last. Due to pandemic-related supply chain challenges, the retailers sold out of bikes and struggled to replenish. Inventory has caught up, but fewer people require new bicycles. Bicycle manufacturers have started lowering prices to clear off excess inventory. It all adds up to a challenging climate for retailers, with a few bright areas such as dirt and e-bikes.

“The industry had a hard time keeping up with demand for a couple of years, but then demand slowed as the lockdowns ended, and a lot of inventory started showing up,” said Stephen Frothingham, editor-in-chief of Bicycle Retailer & Industry News. “So now for the last, a year and a half, the industry has struggled with having too much inventory, at the supplier level, at the factory level, at the distributor level, at the retail level.”

Circana reports that bike sales will reach $4.1 billion in 2023, up 23% from 2019 but down 24% from 2020. The recovery from the epidemic has been uneven, with large businesses such as REI and Scheels recovering faster than independent bike shops, according to Matt Tucker, director of client development for Circana’s sports equipment business.

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Bike Shops Boomed Early In The Pandemic. It’s Been A Bumpy Ride For Most Ever Since

John McDonell, owner of Market Street Cycles on San Francisco’s famed Market Street, says the pandemic’s shift to hybrid labor has been especially difficult for business. During the summer, 3,000 bikes would pass by his shop each day. With fewer individuals commuting to work, that number has dropped to less than 1,000.

According to Pacer.ai, which tracks people’s activities based on smartphone usage, San Francisco falls behind all other major cities regarding workers returning to work, with office visits down 49% from April 2019.

“Our downtown is still a wasteland,” McDonell explained.

Independent bike stores now compete not only with national chains but also with bike manufacturers such as Specialized and Trek. These companies have been buying bike shops and selling their bikes directly to customers, thus eliminating the middleman. According to Frothingham, there are now over 1,000 bike shops in the country that are either owned by Trek or Specialized.

“They’ve got the money to absorb the fact that bike stores, you know, are not a super profitable thing, and in the process, they’ve also been able to cut us out of it,” McDonell stated.

McDonell has been obliged to use a skeleton team of himself and another employee, down from five earlier. His desire to sell his shop to a younger bike enthusiast when he retires is diminishing. He might close his store when his lease expires in a few years.

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Bike Shops Boomed Early In The Pandemic. It’s Been A Bumpy Ride For Most Ever Since

“Now I am just trying to land it with both engines on fire and trying not to lose money on my way out,” he stated

Douglas Emerson’s bike business, University Bicycles, in Boulder, Colorado, is doing better, thanks to its placement in one of the country’s most popular biking destinations. He’s owned the shop for 39 years and employs 30 people.

University Bicycles, like other bike retailers, experienced a surge in bike sales due to the pandemic. Emerson recalls selling 107 bicycles in 48 hours. However, immediately following the boom, sales fell considerably due to a lack of inventory, and rentals declined because no one was traveling.

“It became a struggle right after the boom,” Emerson explained. “Since then, manufacturers have overproduced.” In addition, they have significantly reduced prices, which benefits consumers. However, tiny retailers generally cannot take advantage of those discounts.”

Emerson claims the shop hit a “saturation point” when everyone who wanted a bike purchased one. He now sells these consumer items such as jackets, helmets, and locks. His store has returned to its 2019 sales figures.

University Bicycles has also benefited from some of the changes in purchasing trends. The continued strong demand for e-bikes and the increased need for children’s bikes have contributed. Gravel bikes, which can be ridden on both paved and dirt routes, are displacing road cycles as a top seller.

John Ruger, a 50-year biker and faithful University Bicycles client, hasn’t purchased a bike in ten years but intends to buy a gravel bike at present costs. He says a top gravel bike he’s interested in, which would normally cost $12,000 to $14,000, is presently on sale for $8,000.

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Bike Shops Boomed Early In The Pandemic. It’s Been A Bumpy Ride For Most Ever Since

“The timing is good,” he remarked. “I can get a bike now because they’re less expensive and my bikes are getting old.”

Shawna Williams, the owner of Free Range Cycles in Seattle, Washington, did not see the same sales boom as others because her 700-square-foot business was so small that she only accepted customers by appointment from March 2020 to May 2021.

However, Williams did have to deal with the coming shortages. She spent a great deal of time “checking in with other shops to see if we could buy something, even at retail, from them, just in order to get a repair done or a build done.”

She expanded her service offerings, such as repairs and maintenance, to compensate for decreasing bike sales. Despite the epidemic, the maneuvering allowed her to maintain consistent overall sales.

“Bike sales, the way that I have kind of framed the shop, are an awesome bonus, but we really need to be sustaining the shop through repair and, like, thoughtful accessory sales,” Williams stated. “A bike sale to me, if we do things well, that means creating a customer for life.”

SOURCE – (AP)

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OpenAI, Reddit Teaming In Deal That Will Bring Reddit’s Content To ChatGPT

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OpenAI and Reddit have partnered to deliver the social media platform’s content to ChatGPT.

Reddit’s share price increased by more than 10% before the market opened on Friday.

Reddit stated in a blog post that the partnership will grant OpenAI access to its data application programming interface, which provides real-time, structured, and unique content from the platform.

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OpenAI, Reddit Teaming In Deal That Will Bring Reddit’s Content To ChatGPT

Reddit users and moderators will also have access to new artificial intelligence-powered services, and OpenAI will be a Reddit advertising partner.

“Reddit has become one of the internet’s largest open archives of authentic, relevant, and always up-to-date human conversations about anything and everything,” co-founder and CEO Steve Huffman stated. “Including it in ChatGPT upholds our belief in a connected internet, helps people find more of what they’re looking for, and helps new audiences find community on Reddit.”

Reddit stated that the agreement is consistent with prior content arrangements and does not modify its data API or developer rules. These rules state that content obtained via Reddit’s data API cannot be utilized for commercial reasons without the platform’s approval.

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OpenAI, Reddit Teaming In Deal That Will Bring Reddit’s Content To ChatGPT

Reddit says API access remains free for non-commercial use under the published level.

“We are thrilled to partner with Reddit to enhance ChatGPT with uniquely timely and relevant information, as well as to explore the possibilities of enriching the Reddit experience with AI-powered features,” Brad Lightcap, OpenAI’s chief operating officer, said in a statement.

Reddit made its Wall Street debut in March, with investors driving the company’s worth to nearly $9 billion seconds after it started trading on the New York Stock Exchange.

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OpenAI, Reddit Teaming In Deal That Will Bring Reddit’s Content To ChatGPT

Reddit has a sizable audience that visits the site regularly to debate a wide range of topics, from stupid memes to existential concerns, and receive suggestions from like-minded individuals.

OpenAI CEO Sam Altman invested in Reddit early on, becoming one of the company’s largest owners.

SOURCE – (AP)

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