Did Musician Tommy Lee Write This Open Letter to Donald Trump?
In March 2020, some social media users encountered an open letter that was supposedly written by Mtley Cre musician Tommy Lee to U.S. President Donald Trump, which started "Dear fucking lunatic."   Lee did not write this letter. The Mtley Cre musician posted the letter to his Facebook page (which is likely why some people mistakenly assumed he had written it) on March 20, 2020, and attributed the letter to a man by the name of Craig Alan Wilkins.  But "Craig Alan Wilkins" didn't write this letter, either. The majority of text in this letter  most everything except for the intro starting with "Do you know how fucking insane you sound, you off-brand butt plug?"  was published on the Daily Kos in December 2017 in an article by "Aldous J Pennyfarthing." Daily Kos Pennyfarthing's letter was written in response to an interview Trump gave to The New York Times in 2017, in which he said, "Yeah, China.  Chinas been.  I like very much President Xi. He treated me better than anybodys ever been treated in the history of China." The New York Times Pennyfarthing's original letter started: Dear Fucking Lunatic, I read with interest your recent interview with The New York Times. I couldnt get past the bit about your being the most popular visitor in the history of fucking China  a country thats only 2,238 years old, give or take. It's unclear who amended the opening paragraph in this letter. It's possible that a Facebook user named "Craig Alan Wilkins" shared Pennyfarthing's open letter with a new introductory paragraph. While the author of the opening paragraph is still uncertain, the majority of this text was written by Aldous J Pennyfarthing, the pen name for author Tom Breuer, and was originally published on the Daily Kos in 2017. This open letter was subsequently published in Pennyfarthing's 2018 book Dear F*cking Lunatic: 101 Obscenely Rude Letters to Donald Trump.  Tom Breuer Dear F*cking Lunatic: 101 Obscenely Rude Letters to Donald Trump Pennyfarthing, Aldous.  "Dear F*cking Lunatic: 101 Obscenely Rude Letters to Donald Trump."
  Aldous J. Pennyfarthing.  1 April 2018. Pennyfarthing, Aldous.  "Dear F*cking Lunatic: An open letter to Donald Trump."
  Daily Kos.  29 December 2017. The New York Times.  "Excerpts From Trumps Interview With The Times." 
 28 December 2017.
In October 2018, social media users shared a meme posted by the liberal Facebook page Occupy Democrats reporting a series of events involving Gulf states were the result of President Donald Trump and his son-in-law and adviser Jared Kushner "using American foreign policy to enrich themselves":   Although the sequence of events referenced in the meme is described accurately according to reputable news reports, the motives, connections, and causality the meme ascribes to those events have not been proved. It is true that Jared Kushner, who is married to President Trump's eldest daughter Ivanka, was in need of over a billion dollars to cover the mortgage on 666 Fifth Avenue, a 41-story Manhattan building he purchased for $1.8 billion in 2007, as the New Yorker reported on 2 March 2018: reported Kushner Companies co-owns 666 Fifth Avenue with another developer, Vornado Realty. In 2007, at Jared Kushners urging, the company paid $1.8 billion for the building -- at the time, the highest price ever paid for a New York office tower. The property occupies a prime spot between Fifty-second and Fifty-third streets, but it was built in 1957 and needed extensive upgrades. It still has many vacancies, and the $1.2 billion mortgage, which reportedly has ballooned to almost $1.5 billion, is due in February, 2019. Right now, it is not entirely clear whether Kushner Companies is in a position to repay or refinance the loan. The company hoped to knock the building down and put up another, twice as tall and far more luxurious, in its place, Bloomberg reported. It sought funds from investors in Saudi Arabia, Qatar, China, South Korea, Israel and France. No investors were announced for the plan, described by many as prohibitively expensive. That same day, The Intercept reported that in April 2017, Kushner's father Charles, who runs the family's real estate firm Kushner Companies, had made a direct appeal for financing to Qatari Finance Minister Ali Sharif Al Emadi, which was followed shortly afterwards by the Saudi-led blockade of Qatar: reported The 30-minute meeting, according to two sources in the financial industry who asked not to be named because of the sensitivity of the potential transaction, included aides to both parties, and was held at a suite at the St. Regis Hotel in New York. A follow-up meeting was held the next day in a glass-walled conference room at the Kushner property itself, though Al Emadi did not attend the second gathering in person. The failure to broker the deal would be followed only a month later by a Middle Eastern diplomatic row in which Jared Kushner provided critical support to Qatars neighbors. Led by Saudi Arabia and the United Arab Emirates, a group of Middle Eastern countries, with Kushners backing, led a diplomatic assault that culminated in a blockade of Qatar. Kushner, according to reports at the time, subsequently undermined efforts by Secretary of State Rex Tillerson to bring an end to the standoff. Middle Eastern diplomatic row subsequently undermined In May 2017, Qatar's Gulf neighbors commenced a blockade of that country, and within days President Trump tweeted his support of the blockage despite the fact that Qatar is home to Al Udeid Air Base, a key U.S. military installation: commenced tweeted During my recent trip to the Middle East I stated that there can no longer be funding of Radical Ideology. Leaders pointed to Qatar - look!  Donald J. Trump (@realDonaldTrump) June 6, 2017 June 6, 2017  In May 2018, the New York Times reported that the Kushner family was close to reaching a bailout deal for 666 Fifth Avenue with a company possessing Qatari government ties: reported Charles Kushner, head of the Kushner Companies, is in advanced talks with Brookfield Asset Management over a partnership to take control of the 41-story aluminum-clad tower in Midtown Manhattan, 666 Fifth Avenue, according to two real estate executives who have been briefed on the pending deal but were not authorized to discuss it. Brookfield is a publicly traded company, and its real estate arm, Brookfield Property Partners, is partly owned by the Qatari government, through the Qatar Investment Authority. And, the Trump administration around that time reversed course with Secretary of State Mike Pompeo telling the Saudis in April 2018 that it was time to end the blockade against Qatar. telling It's likely the meme gained momentum on social media in October 2018 due to scrutiny over Kushner and Trump's relationship with Saudi Crown Prince Mohammed bin Salman in light of the gruesome murder of Jamal Kashoggi.  scrutiny Kashoggi, a Saudi national and columnist for the Washington Post, went missing on 2 October 2018 after entering the Saudi consulate in Istanbul seeking documents he needed to get married. According to reports citing Turkish government and U.S. intelligence sources, the Virginia resident never left the consulate, where he was ambushed by Saudi agents, tortured and murdered, and his body dismembered. ambushed Trump has resisted calls by U.S. lawmakers to impose sanctions on Saudi Arabia in retaliation for the journalist's apparent death, comparing global condemnation of the Gulf kingdom to accusations of sexual misconduct leveled against U.S. Supreme Court Justice Brett Kavanaugh. Trump told the Associated Press: "Here we go again with, you know, you're guilty until proven innocent. I don't like that. We just went through that with Justice Kavanaugh and he was innocent all the way as far as I'm concerned." calls told Cassidy, John.  "Jared Kushners Conflicts of Interest Reach a Crisis Point."
  The New Yorker.  2 March 2018. Swisher, Clayton and Ryan Grim.  "Jared Kushner's Real Estate Firm Sought Money Directly from Qatar Government Weeks Before Blockade."
  The Intercept.  2 March 2018. Bagli, Charles V. and Jesse Drucker.  "Kushners Near Deal with Qatar-Linked Company for Troubled Tower."
  The New York Times.  17 May 2018. Kirkpatrick, David D. and Carlotta Gall.  "Audio Offers Gruesome Details of Jamal Khashoggi Killing, Turkish Official Says."
  The New York Times.  17 October 2018. Claim:  Ted Cruz said that veterans should start selling cookies in order to raise funds.  Example: [Collected via e-mail, May 2015] There is a meme going around Facebook that Ted Cruz has said that veterans should pay for their care by selling cookies, like the Girl Scouts do. What is the truth?  Origins:  On 6 May 2015, the fake news site National Report published an article reporting that Republican presidential candidate Ted Cruz had suggested military veterans should start selling cookies in order to raise funds, the way Girl Scouts do: article During a campaign stop in Iowa on Wednesday, Texas Senator and 2016 GOP Presidential hopeful Ted Cruz made a suggestion that some military veterans may find controversial, if not outright offensive: he believes that the office of Veterans Affairs and the Pentagon should sell cookies to raise funds, a concept he admittedly borrowed from the Girl Scouts of America. Ted Cruz spoke at a town hall event in Des Moines, Iowa Wednesday morning, answering questions from a crowd of approximately 200 to 250 likely voters. One of the attendees, an Iraq War veteran named Dan with a prosthetic leg, asked Senator Cruz what his administration would do to help veterans, while further asking how Cruzs proposed tax cuts would affect the Department of Veterans Affairs. "We need to be innovative if we want to help veterans. We need to be practical and pragmatic. But we also need to remain vigilant with our governments out-of-control spending, and find ways of mitigating expenses wherever possible," Cruz answered. "So we need a president whose willing to tackle the hard issues, and come up with innovative solutions to these problems, head-on." Although the article was initially published by the fake news site National Report, it was later republished on a spoofed web site designed to look like the real USA Today site. This led many people, including actor James Morrison, author John Scalzi, and reporter David Nelson, to believe that the article was real: USA Today James Morrison John Scalzi David Nelson    The National Report is one of many fake news web sites operating on the Internet. The site's disclaimer states that all articles published on  National Report "are fiction and presumably fake news." disclaimer   Last updated:  11 May 2015 An image comparing changes in the financial status of former and current United States presidents was widely shared on social media at the end of 2017, with minimal text suggesting that the data it presented was particularly revealing of something (without providing any detail about what that "something") might be:  <!-- --> As for the hard data, we won't dwell on precise numbers because net worth figures are typically estimates that are at least partially based on assets with fluctuating valuations, and federal election disclosure laws have only required that candidates list their assets and liabilities in ranges rather than specific amounts. However, in general we can note that the information in the image is at least within the ballpark of reasonable. The Clintons' net worth was as reported as $700,000 in their 1992 statement, the Obamas' net worth was estimated at about $1.3 million in 2007 (mostly derived from book publishing advances and royalties), while the Trumps' net worth was pegged at $3.7 billion in 2016. $700,000 $1.3 million $3.7 billion As of 2017, the Clintons were estimated to have made $240 million since Bill Clinton left office in 2001, the Obamas' combined net worth was reckoned to be about $24 million, while the Trumps' net worth was thought to have dropped to about $3.1 billion. Suffice it to say that the Clinton and Obama families have done very well for themselves since leaving the White House, but the Trumps have realized no similar windfall (and have possibly seen their overall wealth decline a bit). $240 million $3.1 billion The comparison in this image is one of apples and oranges, however, and therefore it reveals nothing remarkable or surprising. It contrasts two men who each served eight years as President and are no longer in office with one man who has only been the U.S. chief executive for a year and still occupies that position. The longer one holds high office, the more opportunity one has to establish connections and build experience that might prove financially lucrative later on, so obviously two men who sat in the White House for eight years each has a considerable advantage over the one who has barely been in Washington for a year. More important, though, is that former Presidents Clinton and Obama are former presidents who have returned to private life, and thus they can avail themselves of many money-making opportunities common to ex-presidents -- writing books, giving speeches, consulting for private companies, holding board seats, advising businessmen and politicians -- that are simply not available to a sitting president. But for the incumbent chief executive, the position of President of the United States affords its holder little time to manage any outside business interests, and conflict of interest laws make it difficult for presidents to engage in profitable business ventures while they're serving as public officials. (Most sitting presidents choose to put their business interests into blind trusts or otherwise delegate their day-to-day management to others during their terms of office.) conflict of interest blind trusts This image also conveniently omits data that demonstrates the money-making proclivities of former presidents to be neither an aberration nor an activity limited to Democrats: George H.W. Bush saw his fortune grow from $4 million in his pre-presidential days to $23 million in 2017, and his son, George W. Bush, began his presidency with $20 million and is now reportedly worth $35 million. Finally, nothing about this subject has anything to do with any presidents, current or former, "stealing" anyone's money. Whatever controversies may have surrounded Presidents Clinton, Obama, and Trump so far, none of them has been accused of enriching themselves by looting the public treasury. Erb, Kelly Phillips.  "What's a Blind Trust, Anyway, And Why Won't It Work for President-Elect Trump?"
  Forbes.  12 January 2017. Forbes.  "The Definitive Net Worth of Donald Trump."
  Accessed 28 December 2017. Alexander, Dan.  "How Bill and Hillary Clinton Made $240 Million in the Last 15 Years."
  Forbes.  8 November 2016. Dangremond, Sam.  "How Much Is Hillary Clinton Actually Worth?"
  Town & Country.  12 October 2017. Gore, Leada.  "Donald Trump's Net Worth as He Takes Office and Barack Obama's as He Leaves."
  AL.com.  19 January 2017. Wang, Jennifer.  "Donald Trump's Fortune Falls $800 Million to $3.7 Billion."
  Forbes.  28 September 2016. Gerth, Jeff.  "THE 1992 CAMPAIGN: Personal Finances; Wealthy Investment Family a Big Help to Clinton."
  The New York Times.  5 February 1992. Dangremond, Sam.  "How Much Money Can Ex-Presidents Pull In?"
  Town & Country.  23 March 2017. In mid-July 2023, the Screen Actors Guild and American Federation of Television and Radio Artists (SAG-AFTRA), the union representing Hollywood actors and performers, voted to go on strike against major studios after negotiations broke down. voted A tweet by @KeatonPatti went viral on July 13, 2023, purporting to show a screenshot of a tweet and video in which O.J. Simpson appeared to show his support for the strike. The screenshot shows Simpson wearing a green shirt while standing in front of flowers. An overlaid caption quotes him as saying, "As a proud SAG member, I can't wait to join you all on the picket line." tweet The screenshot also indicates that Simpson tweeted from his official Twitter account, adding the words, "Union strong. #SAGStrike." Oh no. pic.twitter.com/Cbx0lXJ8w5 pic.twitter.com/Cbx0lXJ8w5  Keaton Patti (@KeatonPatti) July 13, 2023 July 13, 2023  However, the screenshot is fake. There is no evidence that Simpson issued such a tweet, nor that he made a video in which he expressed support for the guild strike. The writer Keaton Patti, who has previously written stories for humor sites like The Onion, likely shared this screenshot as a joke. Indeed, the replies to the tweet are largely joking about the impact the spectacle of the controversial figure joining the strikes would have. replies We went to Simpson's Twitter account, which primarily consists of videos of him sharing his views on a range of topics, but found no tweets in which he expressed support for the strike. The screenshot was likely created by editing a real screenshot from a July 11, 2023, tweet from Simpson titled, "Sports should be equal and fair," in which he shared his views on the inclusion of transgender athletes in sports. In that video, Simpson was shown sitting in front of the same flowers, with the same shirt on, with the camera at the same angle as the one in the manipulated screenshot, and the same reflection in his glasses. Twitter account July 11, 2023, (Screenshot via Twitter/TheRealOJ32)  Sports should be equal and fair. pic.twitter.com/efsqiDpd7k pic.twitter.com/efsqiDpd7k  O.J. Simpson (@TheRealOJ32) July 11, 2023 July 11, 2023  Simpson, a former professional football player, gained notoriety in the 1990s after a sensational trial in which he was acquitted of the murder of his estranged wife, Nicole Brown Simpson, and her friend, Ronald Goldman. In 2008, he was found guilty in a botched robbery and sentenced to more than three decades in prison, of which he served nine years. acquitted 2008 Simpson also produced andactedprofessionally, appearing in "The Naked Gun" movie series, among others. His finances fell under scrutiny upon his 2017 release from prison. Tom Scotto, his friend, told USA Today that Simpson received money from a SAG pension, in addition to his National Football League pension and his personal investments in a retirement fund. According to the Hollywood Reporter, Simpson's SAG pension was protected from the millions of dollars he owed to the families of Brown Simpson and Goldman, after they won a wrongful death lawsuit against him in 1997. acted USA Today Hollywood Reporter won Simpson's acting and producing credits entitled him to SAG membership and he appears to have a SAG pension as well, but the extent of his active participation in union activities and current status is unknown. Regardless, the above screenshot clearly does not show Simpson supporting the actor's strike, rather it was manufactured by altering a separate video and adding a fictional caption. As such, we rate this claim as False. Barco, Mandalit del. "Hollywood Actors Go on Strike, Say It's Time for Studio Execs to 'Wake Up.'" NPR, 13 July 2023. NPR, https://www.npr.org/2023/07/13/1187310535/hollywood-actors-strike-sag-aftra.Accessed 14 July 2023. Gardner, Eriq. "O.J. Simpson's Former Attorney F. Lee Bailey Gets Bad News About His SAG-AFTRA Pensions." The Hollywood Reporter, 4 Oct. 2017, https://www.hollywoodreporter.com/business/business-news/oj-simpsons-attorney-f-lee-bailey-gets-bad-news-his-sag-aftra-pensions-1045756/.Accessed 14 July 2023. News, A. B. C. "26 Years Ago, OJ Simpson Was Acquitted: Timeline of His Life and the Sensational Trial." ABC News, https://abcnews.go.com/US/key-moments-oj-simpsons-life/story?id=48724637. Accessed 14 July 2023. "O.J. Simpson | Actor, Producer." IMDb, https://www.imdb.com/name/nm0001740/. Accessed 14 July 2023. "O.J. Simpson Acquitted." HISTORY, https://www.history.com/this-day-in-history/o-j-simpson-acquitted. Accessed 14 July 2023. Peter, Josh. "O.J. Simpson's Finances Will Be Closely Watched If Paroled." USA TODAY, https://www.usatoday.com/story/sports/2017/07/19/o-j-simpsons-finances-closely-watched-if-paroled/493639001/. Accessed 14 July 2023. Vercammen, Paul. "O.J. Simpson to Focus on 'friends, Family and Golf,' Live in Gated Community after Release." CNN, 29 Sept. 2017, https://www.cnn.com/2017/09/29/us/o-j-simpson-parole-release-road-to-freedom/index.html.Accessed 14 July 2023. During an Oct. 4, 2011, interview on MSNBC, host Ed Schultz and Sen. Bernie Sanders, I-Vt., discussed the Occupy Wall Street protests, which are targeting the financial services sector. Sanders offered a statistic designed to demonstrate the power of American banks.Sanders suggested that many of the protesters have not seen the president be as strong as he should be on Wall Street, saying they want the federal government to take tougher measures against financial-services companies.Ed, today, you have six financial institutions, the largest six, that have assets that are the equivalent of 60 percent of the GDP of the United States of America, Sanders said. (GDP stands for gross domestic product. )We wondered whether Sanders math was correct.When we contacted Sanders office, a spokesman providedtestimonyto a congressional oversight panel by Simon Johnson, a professor of entrepreneurship at the MIT Sloan School ofManagement. Our six largest bank holding companies currently have assets valued at just over 63 percent of GDP, Johnson testified, citing figures for the fourth quarter of 2010. This is up from around 55 percent of GDP before the crisis (e.g., 2006) and no more than 17 percent of GDP in 1995.We wanted to find the original statistics, and we located them in achartposted by the National Information Center, the federal repository of data about banks and other institutions for which the Federal Reserve has a supervisory, regulatory or research interest. The chart lists the 50 biggest bank holding companies as of June 30, 2011.Here are the top six and their total assets:1.Bank of America Corp., $2.264 trillion2.J.P. Morgan Chase & Co., $2.246 trillion3.Citigroup Inc., $1.957 trillion4.Wells Fargo & Co., $1.260 trillion5.Goldman Sachs Group Inc., $937 billion6.Morgan Stanley, $831 billionTogether, the top six companies assets were $9.495 trillion.For the second part of the equation -- gross domestic product -- we turned to the U.S. Commerce Departments Bureau of Economic Analysis.Though the time spans dont line up perfectly, we decided to use the GDP figure for 2010, the most recent full year. That figure is $14.527 trillion.Dividing these top banks assets by the national GDP produces a result of 65 percent -- which is actually a slightly larger percentage than Sanders had indicated, but certainly in the ballpark.To make sure we werent missing something, we contacted a few experts on financial services issues. They offered a few caveats:The comparison is a bit of apples vs. oranges.The banks asset figures are an aggregation measured at a single point in time, whereas the GDP figure is an aggregation of goods and services measured over time. This distinction is the equivalent to a comparison of your net worth with your personal income, said Lawrence White, an economist at New York Universitys Stern School of Business. Economists generally don't find these sorts of comparisons very useful or interesting. So the best that can be said is that these comparisons provide a rough sense of comparative magnitudes.The data are constantly moving.Several of these banks, especially Bank of America, have lost significant value since the figures were published in June 2011, said Satya Thallam, director of the Financial Markets Working Group at George Mason University's Mercatus Center. The denominator, GDP, is always changing, as well. So, any estimate is true for a specific point in time, but possibly out of date not long after its made.Banks overseas holdings significantly complicate the comparison.For starters, the comparison Sanders is making doesnt mean that these banks own 60 percent of the U.S. wealth, because some of these banks assets are in overseas holdings. However, Sanders appears to be on safe ground with his phrasing, since all he said was that the two dollar figures were equivalent.Potentially more problematic for Sanders is that the assets-to-GDP ratio for the top six bank companies in the U.S. are actually quite modest when compared to the biggest banks in other nations.A2010 study by J.P. Morganlisted the 25 biggest banks internationally in 2008, along with the percentages of their home countrys GDP. The highest was UBS, with 376 percent of Switzerlands GDP. And six other banks all had assets as large as their home countrys GDP -- Credit Suisse Group of Switzerland (218 percent), Dexia of Belgium (180 percent), Fortis of the Netherlands (155 percent), Royal Bank of Scotland of the United Kingdom (131 percent), Barclays of the United Kingdom (112 percent) and BNP Paribas of France (101 percent).All of these dwarf the combined holdings of the top six banks in the U.S., in part because Americas GDP is so much larger than the GDP of these other nations.The significance of this fact for Sanders assertion, however, is less clear.This doesn't tell us what is a proper or appropriate number, Thallam said. One might reply that other countries are much more concentrated, but that only means they're worse -- not that we're in a good position. Some scholars, he added, have said that even at current concentration levels, U.S. banks should be broken up because they create a too big to fail problem. On the other hand, people for years said that banking exhibited economies of scale, so consolidation was natural, Thallam said.Our rulingSanders math is correct -- in fact, the percentage he offers is actually a little low. And hes careful to say only that the banks assets are only equivalent to 60 percent of the United States GDP, not that the banks own 60 percent of the United States. Sanders doesnt note that big banks in other countries are far bigger, compared to their nations GDP, than the U.S. banks are. Still, on balance, we rate his statement True. An image circulating online in September 2017 depicted federal Housing and Urban Development (HUD) Secretary Ben Carson as having a less than charitable viewpoint toward hurricane victims.   You see, a hurricane is God's way of saying you are meant to be homeless. So in a sense, your homelessness is a gift from heaven. The photograph was likely from a 7 May 2015 meeting between Carson and community leaders in Baltimore. But there is no record of Carson making that statement about hurricane victims. meeting In a September 2017 interview, Carson said that families who receive federal housing assistance would get help in the aftermath of Hurricane Harvey, which caused significant damage in parts of Texas: interview We will make sure that they're all taken care of. In many cases where things have been destroyed, we'll have to go to some transitional housing first. But yes, we'll be taking care of all of them. Carson has also promised that HUD would be "a rapid, responsible and compassionate agency" in its response. promised A HUD spokesperson told us that around 500,000 homeowners affected by Harvey and Hurricane Irma in Florida currently have mortgages insured by the Federal Housing Administration. Those homeowners are eligible for a 90-day "foreclosure moratorium." told The caption used in the image of Carson could be a play on a remark he actually did make during a May 2017 interview: interview: I think poverty to a large extent is also a state of mind. You take somebody that has the right mindset, you can take everything from them and put them on the street, and I guarantee in a little while they'll be right back up there. And you take somebody with the wrong mindset, you can give them everything in the world, they'll work their way right back down to the bottom. When asked in September 2015 how he would deal with Hurricane Joaquin, Carson -- then a Republican presidential candidate -- told reporters, "I don't know." told DelReal, Jose A. "Ben Carson Calls Poverty 'a State of Mind' During Interview."
Washington Post. 24 May 2017. NPR. "Harvey Recovery Will Take Time, HUD Secretary Ben Carson Says."
6 September 2017. ABC News. "Ben Carson on How He Would Handle Hurricane Joaquin: 'I Don't Know.'"
30 September 2015. YouTube, uploaded by HUDChannel. "Next Steps for Hurricane Recovery: A Video Message from Secretary Carson."
14 September 2017. https://youtu.be/6kspZTkwz0k On 28 February 2017, Breitbart.com reported that big box retailer Target's stock had "crashed," losing a combined total of $15 billion in investor wealth, because of the chain's announcement in 2016 that it would allow transgender customers and employees to use bathrooms corresponding to their gender identity: reported Targets stock value is now down by 30 percent since it sparked a consumer boycott by embracing the transgender political agenda. That 30 percent drop has slashed investors wealth by roughly $15 billion. On Tuesday, the stock fell to $58.78, down from its April 19 high of $83.98. In contrast, WalMart is up 3 percent since April, and Kohls is down less than one percent. Company officials indirectly acknowledged the consumer boycott. Our fourth-quarter results reflect the impact of rapidly changing consumer behavior, which drove very strong digital growth but unexpected softness in our stores, Target CEO Brian Cornell said in a company statement. The company also admitted that it would likely continue to experience losses through the year. On 19 April 2016, Target announced that transgender customers and employees were free to use the restroom that corresponded to their gender identity amid a national row on the subject during the 2016 election cycle. The announcement came after North Carolina enacted the controversial HB 2 in March 2016, a law that came to be colloquially termed the "bathroom bill," and required public single-sex restrooms only be used by people of the corresponding biological sex. The controversy, and Target's definitive stance, prompted conservative groups like the American Family Association (AFA) to launch a boycott. Nearly 1.5 million people have signed the AFA's petition as of 1 March 2017. announced HB 2 boycott Target shares did plunge on 28 February 2017, but it wasn't due to its nearly year-old bathroom policy. The drop was due to 2017 guidance announced during an investor day event. Projections were far lower than expected by Wall Street analysts (the term "guidance" means projected earnings). The drop in Target stock corresponds to the announcement made at their investor event: event  Source: Yahoo! Finance  According to Edward Jones analyst Brian Yarbough, Wall Street was expecting Target to project earnings of $5.30 per share, but the company instead gave guidance of $3.80 to $4.20 per share which was "well below" expectations, prompting the drop in share value. According to Reuters, Target's dive dragged others down with it: Targets plunge prompted declines across the retail sector. Wal-Mart Stores Inc was down 2.0 percent, with Kroger Co down 1.2 percent and Macy's Inc off 1.7 percent. Dollar General Corp fell 4.2 percent. What is dogging Target and other retailers has been competition with all-online retailers like Amazon, which do not have the overhead cost of brick-and-mortar locations. Target, for example, has 1,803 stores. "Online players dont have a huge network of stores and since they dont have that cost, they can offer lower prices," Yarbough said. Customers also have the immediate ability to do price-comparisons with smart phones. These changing patterns are reflected in a statement given by Target CEO Brian Cornell: statement Our fourth quarter results reflect the impact of rapidly-changing consumer behavior, which drove very strong digital growth but unexpected softness in our stores. At our meeting with the financial community this morning, we will provide detail on the meaningful investments were making in our business and financial model which will position Target for long-term, sustainable growth in this new era in retail. We will accelerate our investments in a smart network of physical and digital assets as well as our exclusive and differentiated assortment, including the launch of more than 12 new brands, representing more than $10 billion of our sales, over the next two years. In addition, we will invest in lower gross margins to ensure we are clearly and competitively priced every day. While the transition to this new model will present headwinds to our sales and profit performance in the short term, we are confident that these changes will best-position Target for continued success over the long term. Although Target offers online shopping, profit there tends to be lower due to associated costs like shipping and price competition from the likes of Amazon. Retailers are struggling to survive with more profitable in-store sales lagging, and lower profit margins due to a growing contingency of online shoppers: Although its e-commerce operation is growing quickly, Target reported its third straight quarter of lower sales from existing stores, citing "unexpected softness" and raising new questions about the health of large national retailers in the United States. Target also forecast first-quarter profit well below Wall Street estimates. Shares sank 13 percent, on track for their biggest one-day percentage drop in more than 18 years. Target's stock has lost a quarter of its value since the 2016 holiday season started in November, and is now trading at its lowest level since August 2014. Target maintains the bathroom policy has had no effects on its business, with company spokeswoman Erika Winkels telling us in an e-mail, "We have made it clear over time that weve seen no material impact to the business based on the bathroom policy. We dont have anything new or different to share." A poor performance in the 2016 holiday season was also attributed to online sales outpacing foot traffic, but Target is, again, not the only chain feeling the effects: Department stores across the country are paying the price for underestimating Amazon this holiday season. Macy's and Kohl's both reported lower-than-expected sales during the all-important end-of-year retail period, and announced a spate of store closures that will lead to thousands of lost jobs. Sears has even been reduced to selling off one of its iconic brands after a double-digit sales slide. Industry observers blame online competition, as well as department store brands' own shortfalls in adapting to a fundamental shift in consumer behavior. Nevertheless, Neil Saunders, managing director of GlobalData Retail, told us that Target could be worse off than it is: Its in a much better position than some retailers because its balance sheet is still robust whereas Sears and Macy's are in a very difficult position. With Target, it's much more about tweaking and reinvention at the edges. [The guidance] wasnt great, but not as bad other people. Saunders told Reuters that while Wal-Mart has been buoyed by successfully offering groceries, Target has not been able to keep up on that front, calling its grocery offerings "confusing." Reuters "Target is neither a full-line grocer nor a player with lots of niche specialty products; it is neither a high-end player, nor a price focused discounter," he said. It is difficult to say with certainty whether the Target's commerce overall has been negatively affected by its policy on transgender people. Although company representatives have maintained it has not, shortly after Cornell made the announcement, USA Today reported a study that showed the percentage of people who would consider shopping there the next time they needed something dropped from 42 to 38 percent. But the retail industry as a whole is facing a dramatic shift in consumer behavior, and retailers have struggled to keep pace with it. reported Target's late February 2017 stock drop, however, was the result of announcements made during an investor day event, and cannot be attributed to their policy on bathroom use. Huston, Warner Todd.  "Target Retailer Hits $15 Billion Loss Since Pro-Transgender Announcement."
  Breitbart.  28 February 2017. Target.com.  "Continuing to Stand for Inclusivity."
  Press Release.  19 April 2016. House Bill 2.  "Public Facilities Privacy & Security Act."
  North Carolina State Legislation.  23 March 2016. American Family Association.  "Sign the Boycott Target Pledge!"
  Petition.  20 April 2016. Naidu, Richa et al.  "Target's Profit Outlook Sinks Retail Stocks."
  Reuters  28 February 2017. Target.com.  "Target Reports Fourth Quarter and Full-Year 2016 Earnings."
  Press Release.  28 February 2017. White, Martha C.  "Department Stores Are Paying the Price for Underestimating Amazon."
  CNBC.  5 January 2017. Malcolm, Hadley.  "Target Brand Perception Falls, But It's Not 'Catastrophic.'"
  USA Today.  29 April 2016. In the days following a mass shooting at an elementary school in Uvalde, Texas, that left 19 children and two adults dead, a quote from former U.S. Supreme Court Justice Warren Burger started circulating on social media. Burger, who was appointed to the Supreme Court in 1969 by then-President Richard Nixon and retired in 1986, supposedly said: The Gun Lobbys interpretation of the Second Amendment is one of the greatest pieces of fraud, I repeat the word fraud, on the American People by special interest groups that I have ever seen in my lifetime. The real purpose of the Second Amendment was to ensure that state armies  the militia  would be maintained for the defense of the state. The very language of the Second Amendment refutes any argument that it was intended to guarantee every citizen an unfettered right to any kind of weapon he or she desires.  While these words truly originated with the conservative justice, the above-displayed meme cobbles together three different passages that Burger either wrote or spoke at different times.  The first part of this meme  "The gun lobby's interpretation of the Second Amendment is one of the greatest pieces of fraud, I repeat the word fraud, on the American People by special interest groups that I have seen in my lifetime"  comes from an interview Burger gave to PBS News in 1991.   The second part of this meme  "the real purpose of the Second Amendment was to ensure that state armies, the militia, would be maintained for the defense of the state"  and the third part  "The very language of the Second Amendment refutes any argument that it was intended to guarantee every citizen an unfettered right to any kind of weapon he or she desires"  comes from an articles Burger wrote for The Associated Press about the Bill of Rights in 1991.   11 Dec 1991, Wed Record Searchlight (Redding, California) Newspapers.com  11 Dec 1991, Wed Record Searchlight (Redding, California) Newspapers.com Th "real purpose" quote can be seen in the article's fifth paragraph. The "very language" portion comes a two paragraphs later. Biskupic, Joan. Guns: A Second (Amendment) Look. Washington Post, https://www.washingtonpost.com/wp-srv/national/longterm/supcourt/stories/courtguns051095.htm. Accessed 26 May 2022. Burger, Warren. Government Has Right to Regulate Guns. Associated Press, 11 Dec. 1991, p. 13. newspapers.com, https://www.newspapers.com/clip/102574603/record-searchlight/. How the NRA Rewrote the Second Amendment | Brennan Center for Justice. https://www.brennancenter.org/our-work/research-reports/how-nra-rewrote-second-amendment. Accessed 26 May 2022. Second Amendment Does Not Guarantee the Right To Own a Gun (From Gun Control, P 99-102, 1992, Charles P Cozic, Ed. -- See NCJ-160164) | Office of Justice Programs. https://www.ojp.gov/ncjrs/virtual-library/abstracts/second-amendment-does-not-guarantee-right-own-gun-gun-control-p-99. Accessed 26 May 2022. Warren Burger and NRA: Gun Lobbys Big Fraud on Second Amendment. The Milwaukee Independent, 4 Oct. 2017, https://www.milwaukeeindependent.com/syndicated/warren-burger-and-nra-gun-lobbys-big-fraud-on-second-amendment/. Among the many vexing problems with which the world continues to grapple is the issue of child marriage, a matter that predominantly affects girls in less developed countries. As the United Nations Population Fund (UNFPA) notes, 20 percent of girls worldwide are married before reaching the age of 18, and in some parts of the globe the rate is twice as high: UNFPA Child marriage denies girls the right to choose whom and when to marry -- one of lifes most important decisions. Choosing one's partner is a major decision, one that should be made freely and without fear or coercion. On this, virtually all countries agree. Child marriage is a human rights violation. Despite laws against it, the practice remains widespread: Globally, one in every five girls is married, or in union, before reaching age 18. In the least developed countries, that number doubles  40 per cent of girls are married before age 18, and 12 per cent of girls are married before age 15. Child marriage directly threatens girls health and well-being. Marriage is often followed by pregnancy, even if a girl is not yet physically or mentally ready. In developing countries, nine out of 10 births to adolescent girls occur within a marriage or a union. In these countries, complications from pregnancy and childbirth are the leading cause of death among adolescent girls aged 15 to 19. Girls who are married may also be exposed to sexually transmitted infections, including HIV. When girls marry, they are often forced to drop out of school so they can assume household responsibilities. This is a denial of their right to an education. Girls who leave school have worse health and economic outcomes than those who stay in school, and eventually their children fare worse as well. Unfortunately, social media platforms are full of inaccurate postings on the subject from persons who are not seeking to raise awareness of the child marriage issue, but simply to demonize other religions and cultures. The following is one such example of this phenomenon:  To all you misguided, uninformed liberal women demonstrating in favor of embracing Islam, this young lady is being sold into sexual slavery as a child bride. She is a Christian. She watched her father beheaded and her mother raped. Where is her safe place? the meme asks. However, the blonde girl pictured here was not being sold into sexual slavery as a child bride by Muslims (or anyone else), and no credible reports (outside of the inflammatory meme itself) suggested she was a Christian who had seen her "father beheaded and her mother raped." The image used in the meme originated with a (no longer available) video from 2013 that captured a 7-year-old girl participating in a Quran recital competition, as noted in a Morocco World News article: article The picture shows an ISIS member, seemingly in his thirties, with a seven-year-old, crying girl, who had been interpreted as his bride. The photo sparked widespread condemnation on social media before a video on YouTube proved it to be a hoax. The picture generated several theories. The most popular theory [was] that the young girl had been converted to Islam before being forced to marry the ISIS member appearing in the picture .. The website Arabic Canada solved the mystery surrounding the outrageous picture, by sharing a video of what seems to be a Quran recital competition -- from which the picture was taken -- organized by ISIS in Klassa, a neighborhood in Aleppo, in 2013. The video shows the ISIS member, who was misleadingly presented as the young girls groom, having a small chat with her before she recites verses of the Quran. Feeling embarrassed for making several mistakes during her recitation, Ghada, the young girl, starts crying before the man returns. He then clearly tries to comfort her and boost her spirits. The referenced Arabic Canada website (now defunct) wrote of this picture as follows (roughly translated from Arabic): wrote A seven-year-old girl looks very frightened, while the man standing next to her looks smiling and happy. The text accompanying the photograph claims that the man in the picture forced the girl to marry him. Some versions even went so far as to identify the girl as a Christian who had been forced to convert to Islam and read the Quran. Of course, the picture produced a feeling of disgust in everyone who saw it. Some newspapers wrote articles denouncing the phenomenon of child marriage in Islam. One newspaper of course took the opportunity to refer to the marriage of six-year-old Aisha [the third wife of the prophet Muhammad] and claimed that Islam permitted and encouraged child marriage. third wife The photo is actually a screenshot from a video of a children's recitation contest held in Aleppo in September 2013, and although the organizers of the contest certainly belong to ISIS, the video includes no reference to marriage. The dismay on the girl's face was apparently triggered by her having made a mistake in reciting the Quran. Other screenshots from the video captured the girl looking considerably less distraught:    This isn't to say that child marriage isn't a real problem, or that it and other depredations  such as beheadings and rape  haven't been perpetrated by those associated with ISIS, but the image used in this meme isn't representative of any of those issues. Morocco World News.  "Truth Behind Alleged Marriage of ISIS Member with 7-Year-Old Girl."
  18 August 2014. United Nations Population Fund.  "Child Marriage."
  Accessed 18 March 2019. Arabic Canada.  " :       7 ."
  13 August 2014. New Jersey has long held the title of most densely populated state in the country.But the Garden State has an even more prestigious ranking, according to a recent advertisement placed by Choose: New Jersey in the Wall Street Journal.The July 30 ad reads in part: New Jersey has a rich tradition of bringing the world some very big thinking. In fact, we have more scientists and engineers per square mile than anywhere in the world, making ours one of the most highly skilled and educated workforces available.Thats quite a claim for any state to make so for this fact check, we are focusing only on the statistic about scientists and engineers. And it seems Choose: New Jerseys calculations add up.Lets look at how Choose: New Jersey, a nonprofit group that markets the state to attract businesses and jobs, came up with their statistic. Choose: New Jersey is part of the Partnership For Action, the Business Action Center and state Economic Development Authority.Melissa Hensley, chief marketing officer for the group, said the group compared geographic and employment data from four organizations: the Census Bureaus American Community Survey, the CIAs World Fact Book 2012, the Organisation for Economic Co-operation and Development and the National Science Board.All of it came down to an apples-to-apples comparison to the extent possible between a state and country, Hensley said.The Census Bureaus Population Reference Bureau listed New Jersey as having 260,655 scientists and engineers in 2010. That number divided by New Jerseys total land area of 8,722.58 square miles equals 29.88 scientists and engineers  the highest number among all states and a list of 37 countries.I read somewhere that New Jersey is the most densely populated state in the U.S., so I guess you could extrapolate from that that there are more scientists per square mile than anywhere else, Brian Bell, a spokesman for the California Institute of Technology said in an e-mail. Although Massachusetts might give N.J. a run for its money. California has lots of smart people, but we have huge deserts and lots of empty space too.Bells guess is accurate.Massachusetts has the second highest number of scientists and engineers, at 23.47 per square mile, followed by Maryland, at 20.97. California is 10th on the list.A similar calculation was used for other countries by measuring the number of researchers  a more broad term that includes scientists and engineers  per 1,000 of employed people. Breaking that figure down and comparing it against country size, we determined that Israel tops the international list, with 5.10 scientists and engineers per square mile (Choose: New Jerseys calculations were adjusted to consider countries in square miles instead of kilometers). Rounding out the top three are Japan, at 4.46, and Belgium, at 3.16.If both lists are put together, New Jersey and 11 other U.S. states lead the world in number of engineers and scientists per square mile before Israel joins the rankings.The numbers reflect what we regularly hear from businesses considering locating or expanding in New Jersey  that if a company is looking to benefit from a high concentration of very skilled talent, New Jersey is a prime location, Hensley said in response to our findings.Our rulingChoose: New Jersey said in an advertisement that we have more scientists and engineers per square mile than anywhere in the world, making the states workforce one of the most skilled and highly educated.Choose: New Jersey used a variety of data to reach its conclusion, from the U.S. Census Bureau to the CIA World Fact Book and more. PolitiFact New Jersey vetted the calculations and found that the Garden State does top the world in number of scientists and engineers per square mile: 29.8.We rate this statement True. To comment on this story, go toNJ.com.