HERE’S THE SINGLEMOST IMPORTANT ARTICLE YOU CAN READ THIS PRESIDENTIAL ELECTION SEASON
BY DAN VALENTI
PLANET VALENTI NEWS AND COMMENTARY
(FORTRESS OF SOLITUDE, THURSDAY OCT. 20, 2016) — Okay, you watched Trump-Clinton III last night, which incidentally was the best of the trio in large part because of the excellent job by moderator Chris Wallace. You’re mind has long been made up. You are not open to new information, let alone facts. THE PLANET gets that. Nonetheless, between now and the close of the polls, the election is still in play.
With that, here is probably the single-most important article you can read between now and then. It gets at the question of substance over style, the one that has been haunting the heart of this election since after the conventions. This article first appeared a few days ago in The Wall Street Journal online. If you read no other article between now and then but read this one, you will be equipped to cast an intelligent vote on Nov. 8.
——– 000 ——–
By KIMBERLEY A. STRASSEL
Oct. 13, 2016 7:28 p.m. ET
The Wall Street journal
If average voters turned on the TV for five minutes this week, chances are they know that Donald Trump made lewd remarks a decade ago and now stands accused of groping women.
But even if average voters had the TV on 24/7, they still probably haven’t heard the news about Hillary Clinton: That the nation now has proof of pretty much everything she has been accused of.
It comes from hacked emails dumped by WikiLeaks, documents released under the Freedom of Information Act, and accounts from FBI insiders. The media has almost uniformly ignored the flurry of bombshells, preferring to devote its front pages to the Trump story. So let’s review what amounts to a devastating case against a Clinton presidency.
Start with a June 2015 email to Clinton staffers from Erika Rottenberg, the former general counsel of LinkedIn. Ms. Rottenberg wrote that none of the attorneys in her circle of friends “can understand how it was viewed as ok/secure/appropriate to use a private server for secure documents AND why further Hillary took it upon herself to review them and delete documents.” She added: “It smacks of acting above the law and it smacks of the type of thing I’ve either gotten discovery sanctions for, fired people for, etc.”
* * *
A few months later, in a September 2015 email, a Clinton confidante fretted that Mrs. Clinton was too bullheaded to acknowledge she’d done wrong. “Everyone wants her to apologize,” wrote Neera Tanden, president of the liberal Center for American Progress. “And she should. Apologies are like her Achilles’ heel.”
Clinton staffers debated how to evade a congressional subpoena of Mrs. Clinton’s emails—three weeks before a technician deleted them. The campaign later employed a focus group to see if it could fool Americans into thinking the email scandal was part of the Benghazi investigation (they are separate) and lay it all off as a Republican plot.
A senior FBI official involved with the Clinton investigation told Fox News this week that the “vast majority” of career agents and prosecutors working the case “felt she should be prosecuted” and that giving her a pass was “a top-down decision.”
The Obama administration—the federal government, supported by tax dollars—was working as an extension of the Clinton campaign. The State Department coordinated with her staff in responding to the email scandal, and the Justice Department kept her team informed about developments in the court case.
Worse, Mrs. Clinton’s State Department, as documents obtained under the Freedom of Information Act show, took special care of donors to the Clinton Foundation. In a series of 2010 emails, a senior aide to Mrs. Clinton asked a foundation official to let her know which groups offering assistance with the Haitian earthquake relief were “FOB” (Friends of Bill) or “WJC VIPs” (William Jefferson Clinton VIPs). Those who made the cut appear to have been teed up for contracts. Those who weren’t? Routed to a standard government website.
The leaks show that the foundation was indeed the nexus of influence and money. The head of the Clinton Health Access Initiative, Ira Magaziner, suggested in a 2011 email that Bill Clinton call Sheikh Mohammed of Saudi Arabia to thank him for offering the use of a plane. In response, a top Clinton Foundation official wrote: “Unless Sheikh Mo has sent us a $6 million check, this sounds crazy to do.”
* * *
The entire progressive apparatus—the Clinton campaign and boosters at the Center for American Progress—appears to view voters as stupid and tiresome, segregated into groups that must either be cajoled into support or demeaned into silence. We read that Republicans are attracted to Catholicism’s “severely backwards gender relations” and only join the faith to “sound sophisticated”; that Democratic leaders such as Bill Richardson are “needy Latinos”; that Bernie Sanders supporters are “self-righteous”; that the only people who watch Miss America “are from the confederacy”; and that New York Mayor Bill de Blasio is “a terrorist.”
The leaks also show that the press is in Mrs. Clinton’s pocket. Donna Brazile, a former Clinton staffer and a TV pundit, sent the exact wording of a coming CNN town hall question to the campaign in advance of the event. Other media allowed the Clinton camp to veto which quotes they used from interviews, worked to maximize her press events and offered campaign advice.
Mrs. Clinton has been exposed to have no core, to be someone who constantly changes her position to maximize political gain. Leaked speeches prove that she has two positions (public and private) on banks; two positions on the wealthy; two positions on borders; two positions on energy. Her team had endless discussions about what positions she should adopt to appease “the Red Army”—i.e. “the base of the Democratic Party.”
Voters might not know any of this, because while both presidential candidates have plenty to answer for, the press has focused solely on taking out Mr. Trump. And the press is doing a diligent job of it.
—————————————————————————————————-
“We can evade reality, but we cannot evade the consequences of evading reality.” — Ayn Rand
“OPEN THE WINDOW, AUNT MILLIE.”
LOVE TO ALL.
The views expressed in the comment section or opinions published within the text other than those of PLANET VALENTI are not those of PLANET VALENTI or endorsed in any way by PLANET VALENTI; this website reserves the right to remove any comment that violates its Rules of Conduct, and it is not liable for the consequences of any posted comment as provided in Section 230 of the Communications Decency Act and PLANET VALENTI’s terms of service.
Good God, Hillary’s pathological lies go through your head like a nail. Who can barely stand to listen to her in 2 min increments? She is a knowen bold-faced liar. Hillary Clinton will say and do anything to become president. Nobody in their right mind would ever trust her.
She has the backing of powerful special interests, the news media, the State department, the FBI……but not the American people.
Trump stands by the simple truth he tells. The deck is stacked against him. A landslide victory is going to be difficult for them to rig. Watch what they do.
All we are saying, is give Trump a chance.
Let’s see? North Korea currently launching Ballistic missiles left and right…Russia kicking our ass with thier Nuclear Capabilities…Iran receiving over a billion in U S currency, who knows what they’ll do with it…And the talking heads all day and night are worried about Hombre and Trump accepting a Clinton Victory.
Trump is an on T V out at the AL Smith Dinner highlights tonight, oh, it will be all over the news.
Trump tells the truth? Your kidding right? His family name is not even trump although his dad is the one that changed it. Independent fact checking organizations repeatedly demonstrated outright untruths.
His mentor Roy Cohn was Joe McCarthy’s right hand man. Roy taught Mr Drumpf that if you repeat a lie often enough people will believe it.
That being said Hillary is an idiot and a liar herself.
Trump says he may not except the election results. And his son said it would be a step down for his father to be president. What if he gets elected and does not except the job? Is that what he is saying? Is this one big joke to him?
Until we have better options I would rather have another political hack in office than a full blown looney tune. But that’s just me.
Trump is every single adjective that Hillary describes. How he answered whether he would accept the People’s choice is nothing but Shameful . He is totally unfit.
I understand why Trump said what he did about accepting election results. When you are dealing with such underhanded people as the Clintons, it pays to be careful. If the race is very close, he would be within his rights to ask for a recount. Al Gore did as much. How can anybody read all of the above dirty tactics of the Clintons and not be suspicious of them?
Ever hear the name Al Gore? He took the election result to the Supreme Court.
He won the popular vote. The Bush Gore decision, which Gore reluctantly accepted, is universally acknowledged as a mess of constitutional decision making.
Gore hoped to have had just a few counties, presumably favoring him, recounted. He did not want the entire State of Florida recounted, or at least did not call for that outcome. Eitherway, he challenged the outcome of the general election at the highest level. Whyshould Donald Trump announce weeks before voting begins that he will accept results regardless of what has gappeded and may yet takeplace?
The media is feeding us yet asnotger red herring (block that pun!)
*what has happened
You unfortunately are cherry picking and moving the goal post. Gore did not sue for a recount of the entire State of Florida but only of certain counties. The fact is in those counties Bush won. Here is a pretty good article http://www.cnn.com/2015/10/31/politics/bush-gore-2000-election-results-studies/ [ and ] https://www.law.cornell.edu/supct/html/00-949.ZPC.html
Again and as usual twisting of Trump’s words is the latest sensation. He did not say what you said – you said that. Oh yes, Levitan is right – what about Al Gore. He did not accept the election results and sued. I guess you must have thought that was shameful? No, I bet justified.
This is clearly a threat for more hate and violence in America!! He is an ass of the biggest kind. Infuriating!
I notice that all you do is bash Trump not with facts but with emotions. What about addressing the many proven facts concerning Hillary in this WSJ article?
Thanks DV for sharing. At least we get the other side here instead of the pure propaganda of the bb.
Fear mongering is actually not a very intelligent tactic. HC really was fear mongering in a big way last night. Even suggesting that Trump would cause a nuclear war! (BTW pretty reckless statement of the 4 minute time frame from decision to push the button and it being carried out. Our enemies loved that one.) We know that the only violence that has occurred has been from anti-Trump people at his rallies and oh the firebombing of the Republican headquarters in Hillsborough, NC and bricking the Delaware County offices, IN.
I am sorry you are infuriated – that is hardly a position of strength from which to argue. Typically it involves determined denial of any opposing facts to one’s rigidly held beliefs.
I assume the time frame is NOT 4 minutes, or Clinton would actually know an accurate fact of strategic value. Most likely she was fed that idea by an official who did not trust her with the truth. Our enemies will have to shelve that one.
Meanwhile, ISIS is conducting an orderly retreat from Mosul over well prepared routes thanks to Pres. Obamas’ month long PR regarding our battle plans. The fight goes on….
Indeed
Trump will not be elected because you need a reason to vote for Trump and you and Trump needed to say why Donald Trump should be President of the United States of America and not why Senator and former Secretary of State and 1st Lady should not be.
punctuation is your friend
It’s no use LoneGun. I have tried.
Gads, what a chore that one is to decipher. Assuming I accurately understand you, Trump gave millions of voters more than a few reasons to vote for him. First time in a generation people are voting for a candidate as opposed to against one. Actually, it’s best of both worlds for me; I get to do both in November.
🙂
Marco Rubio hit the nail on the head when he made his comments about the e-mails provided by Wiki-leaks.
The most important thing I heard last night was that Trump thinks the election is rigged BEFORE the election. I would have preferred those charges be leveled after the election in close states if there were things like long lines, people being turned away, faulty voting machines, hanging chads.
He isn’t fit to be our President.
Barry
If the election possibly being rigged was the most important thing you heard last night, then you ignored all of the serious issues facing this country right now that were discussed last night. This is what progressives do, they want to take our minds off of the serious issues that are NOT being addressed in this country. Instead they want people to focus on claims from women who came forward very late in the election who accuse Trump of everything that Clinton was doing while he was President which the Dems ignored until he was impeached. These claims can never be investigated fully this late in the election and they KNOW IT. The whole idea is to deflect attention away from what the Clintons really will do once they get in power which will be to take more rights away from average citizens. This is right out of the progressive playbook and people really are stupid to fall for these underhanded methods of winning elections.
Donald Trump is Batshit Crazy!. He is a bigot, a racist, and sexist. He would be a Nuclear disaster to the USA.
Pat,
To call me a progressive is just plain wrong. Just because I’m going to vote for crooked Hilary, doesn’t make me a progressive. I see her as the least of two evils. I don’t like either of them a whole. However, I do think the Donald would be a disaster for this country.
For the record, I’m unenrolled, have been my entire life. I’m fiscally conservative and socially liberal, to a point.
My wish is for Hilary to win the White House, The Dems take the senate and the GOP keeps the house.
It would be a disaster for this country if either party gets all three.
Just my opinion.
Barry
It’s just easier to clump everyone who is not ultra conservative as a liberal or progressive.
I do agree with you B. Clairmont that neither party should get all three. It would be a disaster!!! We need checks and balances on either one of these candidates.
Progressive Barry with his fancy progressive explanations.
Barry, who’s kidding who?
Pat,
What rights of yours can you no longer exercise?
Hillary will be going after guns absolutely and that is definitely a right. In addition, she is a progressive, and progressives are all about big government getting bigger and as big government gets bigger and gets more power, we the people have more and more restrictions put on us by big government. This is why I favor small government that doesn’t intrude into every area of our lives. Hillary is not for small government.
She’s not coming to take your guns. There is no constitutional right to own an AR-15.
Then you’d call him a “sore loser”. If you know someone is about to break the law of course you try to stop them before they do. Hillary should be removed from the ballot, but all Trump is calling for is a large turnout of his supporters to try to overwhelm the cheating. When you’ve got a political party backed by the media conspiring to get non-citizens to vote, and anarchists like yourself supporting overthrowing the American system, it’s true Trump might not be the man for the job, because what is needed someone much more ruthless to take out the trash.
When pushed to answer the rigged election question, he did answer.
He said it was rigged because she shouldn’t be the nominee. Alluding to the primary and how Debbie Wasserman Schultz stacked the deck in Hillary’s favor against Bernie Sanders.
Are you arguing that a woman who perjured herself to Congress is fit? A women who has a private server transmitting top secret emails to other private email accounts which were hacked – fit? A women who destroyed 30,000 emails after a subpoena was issued for them from Congress – fit? A women who ignored 600 emails pleading for help from her Benghazi Ambassadors ultimately resulting in their murders – fit? The list of actions demonstrating her fitness goes on and on.
It is a good thing he has his own business because there is not a fortune 500 company in the world that would hire this loose cannon.
The people on this board who are for Hillary are the same ones who keep voting in the political hacks here in Pittsfield who have done nothing for the economy and could care less what the people want. Then they complain endlessly that these same political hacks never listen to them. This is why this area and the country will continue to go downhill. Until people stop voting in deceitful underhanded politicians, the situation in this country will never improve.
Pat, if the choice was between Trump or Rubio or Romney or Jeb Bush or Chris Christie or Paul Ryan or Rush Limbaugh, would Trump still be your first choice?
Dusty, Trump beat those critters on the ballot, not in a smoky backroom. Trump is the presidential candidate following an orderly, though loud, primary – that makes him Pat’s and others unapologetic choice, if that is for whom they intend to vote.
I don’t understand the import of your question. Following a primary, one frequently ends up with a second or third choice candidate. Who would advocate voting for someone for whom they do not intend to vote? It’s a really odd thing to do if you think about it.
Totally true Pat.
Pat is totally right. It’s the progressives pushing their progressive agenda.
These two candidates suck. Sound familiar?
Wow, I see the shill is busy today here on the Planet.
Trump did not say he would not the vote of the people.
That is twisting his answer.
The question was designed to trap him into saying he would accept the results without question.
His (honest) answer was “I will see at that time”.
He was correct in saying Hillary does not even belong on the ticket.
She belongs in prison.
1000s of dead people are going to vote democrat. Even those who were Republican in life. (Talk about descrating someone’s grave).
Millions of ILLEGAL aliens are going to vote for her.
They have already proven these voting machines can be easily rigged.
I guess Donald Trump should just accept all that.
If he feels the election was done free and fair, he will accept the results. Its the other side we’ll see.
Al Gore never accepted the results of his loss. (But thats OK because he is Democrat). To this day he feels cheated.
At tremendous taxpayer expense he had the votes counted not once, not twice but three times.
Voting machines are not “easily rigged” or rigged at all. Each vote must have a physical ballot connected to it, making a physical recount possible.
I’ve worked polls and receiving boards at dozens of elections. I’ve never seen corpses shambling into vote. There is a unique person associated with each ballot, identification, and/or affidavit of identity.
Hundreds of thousands of poll workers across the country work very hard to maintain the integrity of each election. Not that you know about hard work or have personal integrity.
You live in a dream world Shakes.
Get back to filming your toupee, bucket boy.
See that spittoon over there? Empty it after I spit in it.
You do realize that public spittoons no longer exist, don’t you? Jackwagon
Here is something interesting.
Did you know that Hillary Clinton gave Classified information in public last night? Here is what she said:
“But here’s the deal. The bottom line on nuclear weapons is that when the president gives the order, it must be followed. There’s about four minutes between the order being given and the people responsible for launching nuclear weapons to do so.”
–Hillary Clinton, National TV Appearance
That information is top secret. Classified.
She should be arrested for that.
Comey said she is guilty of being extremely sloppy with classified information.
Now our nuclear enemies know the time table of our moves in a nuclear chess game as they blow us up.
http://www.nowtheendbegins.com/russia-tells-citizens-prepare-nuclear-war-putin-moves-nukes-poland/
Yes, I am mocking you, just in case you were unsure.
Oh I know.
You are busy doing your shilling.
don’t let Torch burn you up
This is not top secret. It is common knowledge …as this very subject was reported this morning.
Yes it top secret. Its classified.
I don’t how these things work because we’ve never had a nuclear war before. Common sense will tell you that the US has made a lot of enemies in this world. If, (God forbid) Russia, China, Iran and North Korea were to team up against the United States, using KGB and other intelligence, cooridinate nuclear strikes on US nuclear launch sites, they now know the time table of the strikes. Thanks to Hillary.
What if at the time Hillary has a seizure and needs her meds or hospitalization?
Hillary thinks that a first nuclear strike on Russia can win.
She was once again extremely careless with classified information. She should be arrested for her statement last night but we all know that will never happen.
Oh by the way, Trump said a bad word 11 years ago.
It might not be common knowledge, but it is common sense. You don’t know what common sense is either.
Sure Praxis33 sure.
If I were praxis I would be posting some sexually graphic description of what your father did to you as a small child or cutting and pasting all the crooked cops articles from the past 30 years.
You mad I ain’t who you think I am, bro?
Oh you are praxis33 for sure.
You are also posting on here as:
Spagirlfrommass
Rusty Sabich
MrG1188
Thomas Moore
Bull Durham
And some others
Ask Glen Heller how you are a dangerous internet predator. Libeling people. Interfering in their personal lives.
You are seeding / peppering this blog with your shilling propaganda.
I know you will deny it because you are a pathological liar.
I’ll be your tooth fairy if you want me to be. My mother always told me not to pick on retarded kids, or paranoid schizophrenics.
Are you kidding me? It is not top secret and it is not classified. For decades we’ve been told how long it takes for missiles to reach the US and for us to respond in kind. Please show us the actual documentation that shows this is classified material, and otherwise, head back to your bunker for the next eight years. Or better yet, try a Google search, where you’ll find thousands of apparently top secret links that provide you all of this same information.
Thor
The whole procedure was shown on MSNBC and CNN. It is not Top Secret nor is it Classified.
Thor,
That information is well know. I even know there was a short delay.
Barry
Barry,
It may be well known but up until last night everyone was only guessing. Her knowledge as Secretary of State makes her confirmation of this information illegal.
Are you kidding? None of that information is classified:
http://www.unidir.org/files/publications/pdfs/reducing-alert-rates-of-nuclear-weapons-400.pdf
And besides Thor, classified information is not necessarily Top Secret. Top Secret is only one level of many classifications.
Thank you for the link Rusty. Interesting if not sobering report. This report is from the UN not the Federal government. I found no mention of a 4 minute time frame. Times frames were estimated by the UN report depending on what missile was launched.
There are few things more pathetic than an old, rich, white guy whining about being treated unfairly.
Clinton is qualified to be president. Trump is not.Pittsfield needs qualified people in dozens of areas and it matters.If Hillary does not perform it’s 1 term now for everyone….next
Funny you are.
What is Hillary’s track record over the past 30 years?
Trump is not a politician. However, he is more than qualified.
He took a loan of one million dollars and turned it into a muti-billion dollar industry. I hope he can do the same for this country.
Hillary’s past 30 years as a professional politician have been a total disaster.
I don’t know, Hillary took nothing and parlayed it into a substantial fortune, all without cheating on her taxes.
Dufus, how is taking legal deductions cheating?
I didn’t say anyone did cheat on their taxes, I just said she didn’t, I mean, I’ve heard people have cheated on their taxes, and I think that’s disgusting, but I don’t know myself if anybody did, I sure hope they didn’t because that would be terrible, awful.
Or, if you read the transcripts of her brief and meaningless speeches to Goldman-Sachs, one wonders if she disguised her road to riches by money-laundering.
Yes ,I heard Trump say that .
If he wins he should get the Emmy.
If Trump wins he’ll essentially be an Aprrentice.
We could really use a student of governance in the White House. Our finest leaders were crafted in that seat.
Excuse my France.
Just a tip on getting an EZPass transponder–
DO NOT get it at the AAA office in Pittsfield. Major issue already because they can’t enter the number into the system correctly!!
Screwing up a TripTik is one thing, this quite another.
I understand that they just opened a service center at the Lee rest stop, but better check the hours before you go–and maybe call first.
The Republican Party endorsed this torcher. He hijacked the Party… and torched them last night.
They have no one to blame for this debacle but their sorry selves.
BC finally said something that makes sense
The hard truth is that Donald Trumps mind is unsound and it is becoming quite unnerving. I believe many of his supporters have wondered about this themselves. He seems to be losing it more and more as his enormous ego is being dismantled and he simply cannot handle it. I have seen the warning signs and he is headed for a breakdown. I just hope he does not take others down with him.
Its very true. He looked mentally and physically exhausted last night.. desheveled. Hillary looked bright and on her game. He talks of endurance. He certainly looked physically beat.
I thought so too. It seemed, at least on my TV, that Trump’s lighting was white and harsh and you could see all his facial flaws, but Clinton’s was much more soft warm. She looked very fresh. I imagine there are liberal progressives setting the lighting and Obama is also behind it. I’m surprised Trump has not tweeted about it already.
Bad make-up I’m afraid
Wow so you are a psychologist. – hum did you happen to notice the problems HC has with eye contact when she’s lying? Eye contact or rather the avoidance of it reveals a lot.
Keep Bart’s open and keep the current Teachers, roll the current curriculum into a Charter Curriculum.
In other news…….
PITTSFIELD >> Nuclea Biotechnologies, which moved out of its Pittsfield offices earlier this year, has filed for Chapter 7 bankruptcy protection, leaving a significant list of Berkshire creditors in its wake.
The local debtors include the Pittsfield Economic Development Authority, the city of Pittsfield, Berkshire Medical Center, the former North Adams Regional Hospital’s laboratory, the Berkshire Gas Co., the owner of Nuclea’s former facility on Elm Street, several private businesses and local residents, and three Berkshire County law firms, according to papers filed in U.S. Bankruptcy Court in Delaware.
Nuclea’s liabilities could be as high as $10 million, according to the documents.
A hearing in the case is scheduled for Nov. 9.
PEDA, the quasi-public agency charged with the William Stanley Business Park’s development, has filed a claim with the court seeking close to $10,000 that Nuclea owes the agency for its share of unpaid rent and utility costs.
The biotech company sublet space from PEDA for its computer operations at the agency’s administration building on 81 Kellogg St. from November 2012 before vacating the space at the end of April. Nuclea’s sublease with PEDA — the administration building is owned by General Electric — expired this month, said PEDA Executive Director Cory Thurston.
Nuclea also owes the city of Pittsfield $1,521 in property tax revenue, according to records on file in the city tax collector’s office. It was not clear whether the city intends to file a claim with the court for that sum. Mayor Linda M. Tyer referred inquiries to City Solicitor Richard M. Dohoney, who could not be reached for comment.
Founded in 2005, Nuclea Biotechnologies developed diagnostic assays and kits used in the early detection and monitoring of biomarkers in oncology and endrocrinology. Nuclea’s HER2 Neu License, also know as the Serum HERS2 IVD ELISA diagnostic kit, is a highly regarded means for testing for metastatic breast cancer, according to court documents.
Filing for bankruptcy protection under Chapter 7 of the federal bankruptcy code allows financially troubled entities to forgive some debts, but requires them to sell a variety of personal assets — a process known as liquidation — to repay as many of its remaining debts as possible. Creditors are repaid in order of priority, with secured debtors receiving payment first.
The court is required to appoint a trustee to oversee assets in a Chapter 7 bankruptcy case, according to Pittsfield Attorney Jack Houghton Jr., the Chapter 7 bankruptcy trustee for Berkshire County.
“His job is to marshal or pull together all the assets as they might be, liquidate them into cash, and bring that altogether,” Houghton said.
Don A. Breskone, the attorney appointed as the trustee in the case, said while Nuclea has ceased operations and no longer has employees, it continues to hold “potentially valuable intellectual property,” including its HER2Neu license.
Breskone, of Wilmington, Del., is interested in marketing and selling Nuclea’s intellectual property and other assets, court documents indicate.
Nuclea has up to 200 creditors, between $50,000 and $100,000 in assets, and between $1 million and $10 million in liabilities.
Those figures are not unusual in a Chapter 7 bankruptcy filing, Houghton said.
“When you’re running a business you generally want your assets to exceed your liabilities and your income to exceed your expenses,” Houghton said. “When somebody goes south, you usually look at their income as well as their financial statements. It’s sort of like a doctor assessing someone’s general health looking at blood tests to detect a high sense of illness.
“You’re going to see that on these types of businesses that are fading,” Houghton said. “It’s not unusual that when you go into Chapter 7 (those figures) are way out of balance.”
Once administrative expenses are paid, no funds will be available for distribution to unsecured creditors, the filing states. But Houghton said that procedure can be subject to change, and that if a change does occur a new filing will take place.
“Many times, but not all the time, with a corporation filing that may initially be the case,” he said. “But many times it will change.”
Nuclea’s decision to file for bankruptcy comes after a series of events that began last December when the company’s board of directors replaced founder and CEO Patrick J. Muraca, a Pittsfield native, with biotech veteran Donald E. Porgozelski, who left the company soon after.
In January, Nuclea announced that it planned to close a laboratory in Pittsfield while eliminating positions at another company facility in Cambridge.
The company then vacated its Pittsfield operations on Elm Street this spring, and moved its headquarters to Cambridge. Nuclea also maintained operations at Muraca’s alma mater, Clark University in Worcester.
The company also ran a student educational initiative, the Nuclea Summer Science Institute, in conjunction with Berkshire Community College for three summers before it ended in 2012.
Tony Dobrowolski
We were on to the phonies at Nuclea all along , with no help from the politicians who fell for Muraca’s line. With lots of help of the Planet for daring to ask the right questions.
Pat Muraca is a slimeball. He tried to purchase Bousquet many years ago, and thankfully that deal never went through. The owner of Bousquet was able to keep a large downpayment which Pat forfeited due to the deal falling apart. And our city officials – not shrewd enough to deal with Pat!
Really?
Ruberto was on to fat Pat. It was The Empty Suit that fell for fat Pat’s crap.
Anyone with half a brain say through that heap of crap.
Joe Blow Thanks for posting this.
Mayor Tyer just gave the trash company 600,000 bucks on top of 6,000,000 million in new taxes.I’m weirdly looking forward to Tyer 4 year total .It will be off the charts….she needs to get financial advice from a retired guy with 19k in total income who’s being given the bums rush out of town.You can’t raise taxes Linda in a dying city.Say goodbye Mayor Tyer now we have to wait 3 long years.
Yes,Trump and Mayor Tyer look exhausted.Hillary did look like a million bucks.His eyes looked like he had eye strain.
Hillary looked like a prune at the Al Smith dinner. I guess her makeup artist had the night off
Clearly, the ability for anyone to perform presidential duties is contingent on whether you find them attractive.
Confused about the debate and the system C N N uses and who won the debate. Afterword, all of the networks empowered against him Trump is right, the media is bias, it’s clear. Everyone heard Clinton intends on raising the Payroll tax, right?
Terry just stated those who don’t vote pay the taxes for those that do……..Genius, never heard that one before.
The Einstein of Berkshire Politics. Pete wold be proud..
Taxes are 37 dollars a thousand? Business will be leaving, shortly.
.Mayor Tyer does not know what to do as 4000 square foot home are going unsold all over Pittsfield…..drive down Dawes ave…they will have to give the away thenow we lose the tax revenue on the lower priced house which will send my taxes higher until Tyer runs me out of town.
A vote for Hillary is a vote for globalism, obamacare, bigger government, more regulations, higher taxes, open borders, 3x more Syrian refugees, amnesty for illegals, abolition of gun rights, loss of personal freedoms ( incl. speech), partial birth abortion, pay for play, etc. etc.
Trump for President! It’s a no-brainer!
Al true, but more mileage is gained when you say what a vote for Trump means.
The right of private citizens to run for office. Encouraging candidates to freely debate, speak according to core belief, not programmed polled language.
Illegal immigration reform
Military ressponse to Islamic terrorism
Reducing corporate tax rate
Constitutional experts on the Supreme Court
Countering rise of Tehran and Moscow, and determining if Europe wants our presence while the Soviets buzz British territory
Trade reform
Who really claims that D. Trump has lacks perspective and policy?
Bunch of thugs at that Dinner, except the Cardinal of course.
Only a very, very,very big moron would support Hillary.
Angry frustrated men vote for angry frustrated men.I just love angry frustrated 70 year old billionaires
You’re pretty angry SC and you’re an HTC lover