Nike shares fall Tuesday after the company revealed failed NFL quarterback Colin Kaepernick will be the modern face of the brand. It will get much worse; much worse.
It is only day #1 of the Nike decision to make Colin Kaepernick, and all of the controversy that surrounds him, the brand image of Nike sporting goods apparel; and today the stock dropped over 3%.
However, the current valuation drop doesn’t really tell the full story; because massive investment/branding moves like this are generally projected to increase share value, not lose it. The financial loss is actually much more significant, and only beginning.
There is another problem. Not only is Nike branding themselves based on severe political ideology; and not only is Nike selecting a failed athlete to express that image; and not only has this decision removed well over half of their potential customer base; but Nike has also decided to go much further. Nike will present an entire line of Colin Kaepernick apparel and products. Essentially an apparel line for the Antifa audience.
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Thankfully, it looks like lawful common sense has interceded…
New Mexico – The FBI on Friday announced that it has arrested all five of the New Mexico compound suspects, just days after multiple charges were dropped against those involved. The suspects were charged with violating federal firearms and conspiracy laws.
The announcement comes as local prosecutors dropped charges in the death of a 3-year-old boy at the property. Taos County District Attorney Donald Gallegos said Friday his office will now seek grand jury indictments involving the death. Gallegos said seeking indictments will allow more time to gather evidence.
“The defendants, Jany Leveille, 35, a Haitian national illegally present in the United States, Siraj Ibn Wahhaj, 40, Hujrah Wahhaj, 37, Subhanah Wahhaj, 35, and Lucas Morton, 40, are charged in a criminal complaint that was filed earlier today in the U.S. District Court for the District of New Mexico,” the bureau said in a statement.
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The sketchy story of the jihadist training compound in New Mexico takes yet another weird turn today. A New Mexico judge dismissed all charges against three suspects tied to a compound where alleged Muslim extremists reportedly trained children to be school shooters.
New Mexico – District Judge Emilio Chavez on Wednesday dismissed charges against three of the five defendants, ruling that authorities violated the state’s “10-day rule.”
Child abuse charges against Lucas Morton, Subhannah Wahhaj and Hujrah Wahhaj were dropped because prosecutors missed the 10-day limit for an evidentiary hearing to establish probable cause.
Jacksonville Landing is a central Jacksonville entertainment complex with a blend of restaurants, bars, and family entertainment. According to local authorities a mass shooting event took place during a Madden Football video-game tournament, in/around the Chicago Pizza venue. Early reports indicate 11 to 15 people were shot; and four people have been reported killed. The shooting suspect is also deceased.
JACKSONVILLE, Fla. – Sources say at least eleven people have been shot and four are dead after a shooting at the Jacksonville Landing Sunday afternoon.
Jacksonville Police said one suspect is dead and they are finding people hiding in locked places, people are urged to stay calm and where they are. Swat is doing methodical search of Landing.
Unbelievable. Just unbelievable. The five extremists of the New Mexico jihadist compound, where a 3-year-old was murdered, are being released from custody pending trial without any bail whatsoever. They are free on a a mere signature bond; a promise to return for trial.
(Via Daily Caller) A New Mexico state judge ruled Monday that five alleged Muslim extremists accused of training children to conduct school shootings do not have to remain in jail while they await trial for child abuse.
Judge Sarah Backus released the five defendants, Siraj Wahhaj, Hujrah Wahhaj, Subhannah Wahhaj, Jany Leveille, and Lucas Morten, on a $20,000 “signature bond,” according to the Albuquerque Journal. That means that the defendants will not have to pay money unless they violate the conditions of their release. (read more)
Remember, this is the same DOJ/FBI who cleared the compound and then had to return because the property owner found weapons and ammunition missed by local, state and FBI investigators. While contemplating their release, let that sketchy aspect sink in.
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Federal Prosecutors Convict Rebellious Septuagenarians For Purchasing Ginseng at Wrong Time of Year…
Thankfully we don’t have to worry about those pesky diabetic septuagenarians running amok with bags of illegal Arkansas ginseng any longer. Today a federal conviction hopes to stomp out the underground treatment of Alzheimers, heart disease, fatigue, erectile dysfunction, hepatitis C, high blood pressure and menopausal symptoms….
MISSOURI – […] The Springfield News-Leader reports 77-year-old Kermit Schofield and his wife, 73-year-old Sandy Schofield were sentenced Tuesday.
The couple farms and sells herbs in Theodosia, a town of about 250 people near the Missouri-Arkansas border.
Federal prosecutors say that between June 2013 and August 2015 the Schofields illegally bought more than 100 pounds of ginseng in Arkansas. Prosecutors say the couple bought the ginseng outside the permitted time frame for purchasing ginseng in Missouri, and they knew it was illegal transport ginseng out of Arkansas without a state certification. (more)
Good grief, this is horrific. ABC News Chicago is reporting that over 60 people have been shot, with 9 killed, in Chicago just this weekend (Friday through Sunday).
(Chicago) Dozens of people were wounded in shootings across Chicago since Friday, police said. One paramedic described the evening as “a war zone.”
Since midnight, police said 43 people have been shot, six fatally. Since Friday at 5 p.m., 60 people have been shot, nine fatally, in shootings in Chicago.
Move along… move along… nothing to see here folks… Las Vegas Sheriff Joe Lombardo announces the end to the investigation of the Mandalay Bay Massacre with a declaration there is no known motive and there was no second shooter.
LAS VEGAS – In the year before Las Vegas gunman Stephen Paddock carried out the worst mass shooting in modern U.S. history, the high-stakes gambler appeared to have become increasingly unstable, distant and constantly complained of being sick, according to a final investigative report released Friday.
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Fox News host Tucker Carlson interviews a British man named Tommy Robinson. Mr. Robinson was arrested and thrown in jail for livestreaming in front of a U.K. courthouse where members of an Islamic gang were attending court proceedings under charges of sexual assault for raping schoolgirls.
For two months Mr. Robinson was held in solitary confinement within the British prison system; he describes the alarming sequence of events, and the political weaponization of the British legal system to Tucker Carlson.
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In June of 2016 the Mayor and Police Chief of San Jose California made an intentional decision to allow candidate Trump supporters to be violently attacked by a coordinated mob of radical leftists. {See Here} In the days and weeks that followed it was discovered that an actual plan was put into place by city officials to assist the mob {See Here}
Undercover police officers admitted they were given stand-down orders and watched as hundreds of Trump supporters were beaten and brutalized {See Here} A lawsuit was filed against the city of San Jose {See Here} and the officials who coordinated the planned response. City lawyers have been trying to get the lawsuit dismissed:
CALIFORNIA – Supporters of Donald Trump attacked during a presidential campaign rally in 2016 won a ruling allowing them to proceed with a lawsuit against the city of San Jose, California, over claims that police failed to protect them from violence.
Protests in June 2016 in downtown San Jose quickly devolved into a bloody scene when demonstrators outside the rally venue attacked the president’s supporters, pelting them with eggs and water balloons before punching them and snatching their “Make America Great Again” caps and setting them ablaze.