Tuesday, March 26, 2024

Boone County Board postpone decision on Mexican-style rodeos

Boone County Board votes to postpone decision on the fate of Mexican-style rodeos

Northern Public Radio | By Maria Gardner Lara

Published March 26, 2024 at 9:08 AM CDT

Maria Gardner Lara

The Boone County board took a pause on its drive to ban a rodeo event hosted by Hispanic families in the county. It’s just the latest development in an ongoing contentious issue in the county.

The board voted nine to three to table, or postpone, a vote on whether to ban steer tailing.

Rodeo owner Gracie Robles was hesitant to call it a victory. For two years, she’s led the defense in fending off the board’s attempt to ban steer tailing.

“I don't know how long that can be tabled for,” Robles said. “I mean, they were saying that it could come back next month, in two months. So, I think we still have to be watching and making sure that doesn't happen.”

The board also put a pause on consideration of a ban on all rodeo events. Instead, they approved moving language that banned horse tailing and tripping, including similar animals like mules, from the zoning code to the county code. They also adopted the Illinois Humane Cares For Animals Act.

Boone County Board Chairman Rodney Riley said these actions help to get to “medium ground” on what’s been a polarizing issue for the board.

Above is from:  https://www.northernpublicradio.org/wnij-news/2024-03-26/boone-county-board-votes-to-postpone-decision-on-the-fate-of-mexican-style-rodeos

Also, he alluded to legal troubles the board may face in consideration of their vote.

“We certainly don’t want to put ourselves through unnecessary litigation,” Riley said. “We already have litigation going already. I’m sure we’ll have more. “

The county’s pending lawsuits include one from the animal rights groups claiming the county has not enforced animal protection law, and from a Hispanic property owner whose special use permit request was denied.

It was just earlier this month the board openly spoke about a letter sent last year from the Illinois Attorney General’s Office, which warned the board from taking action that targets Mexican-style rodeos as it may violate anti-discrimination laws.

County Board member Dave Wiltse made the motion to table the options, which was significant because he’s been an adamant supporter of the ban on steer tailing.

“It's off the immediate list, it's not going to be on next time," Wiltse said. "And so that we have time to look at it.”

Wiltse says over the last 48 hours the board received new information but wouldn't say what it entailed.

Some of it came from the Winnebago-Boone County Farm Bureau.

During public comments, Cody Book, the organization's vice president, asked the board to adopt motions in which the board eventually approved.

One exception though was a proposal to increase the minimum number of people at a certain event that requires a special use permit from 10 to 100. The board voted to make no changes to the existing policy.

For 25 years, Hispanic families have held coleaderos, or the Mexican style rodeos in the county, in which the sole event is steer tailing.

Steer tailing entails a horse rider attempting to knock down a castrated bull by the tail.

Reports say the drive for a ban on steer tailing stemmed from a noise complaint. Nevertheless, animal rights activists have led the charge who say steer tailing is an egregious form of animal cruelty, while rodeo fans and community leaders argue that the opposition toward Mexican-style rodeos is racially motivated.

And though the board may have thrown water on the flames, there were folks still feeling heated.

Among them was Rick Borrett Jr., the Boone County Director of Animal Services, who spoke as a private citizen during the meeting. He asked the board members to consider the animal’s standpoint.

“I think if you could ask the animals that are forced to participate, ‘Hey, do you want people to do this to you or do you want to just be left alone?’" Borrett Jr. asked. “They would choose to be left alone, stay home at the pasture and mind their own business.”

And Borrett doesn’t limit his ire to steer tailing held at Mexican-style rodeos, but all animal events, including those at the American-style rodeo hosted annually at the Boone County Fairgrounds.

“Yes, any event anywhere," he said, "where an animal is required, or forced to perform any act that they would not normally choose to do on their own free will should not be allowed."

Others who favored a ban on steer tailing said it was an appropriate measure since, they argue, the sheriff’s department and animal services couldn’t enforce the law on animal safety.

Borrett, though, said since last summer, he’s now been able to field an animal services officer from 8am to 7pm, 365 days a year.

“So, we are in a better position now than we were in the previous couple of years,” Borrett said. “And hopefully that will make a difference moving forward if these events are going to be allowed to be continued.”

Rodeo owner Gracie Robles said with the board’s latest decision, they plan on kicking off the rodeo season in April.

“I think we will definitely do our part to keep the rodeos going,” Robles said. “So, if it means being stricter with our spectators, with our participants, we’re all willing to do it.”

In the meantime, the head of an animal rights activist group told WNIJ they’ll continue to seek a ban on steer tailing in the county, and beyond that, at the state level.

Friday, March 22, 2024

NPR: Trump’s Truth Media


Trump is on the verge of a windfall of billions of dollars. Here are 3 things to know

NPR

By Rafael Nam

Published March 22, 2024 at 7:35 AM CDT

Former President Trump stands to win over $3 billion if his social media company goes public — but he may not be able to cash in immediately.

Win McNamee

/

Getty Images

Former President Trump stands to win over $3 billion if his social media company goes public — but he may not be able to cash in immediately.

Former President Trump is on the verge of a windfall of billions of dollars — but it may not come soon enough to help him fend off his mounting legal problems.

Trump stands to make over $3 billion as the company behind his social media platform Truth Social — Trump Media and Technology Group — goes public.

Trump Media is accomplishing that by merging with an existing shell company called Digital World Acquisition Corp. It's a process that allows a company to bypass all the hoops of a traditional initial public offering.

Digital World shareholders formally approved the merger with Trump Media on Friday.

But the process of listing Trump Media has been a rather convoluted saga, much like the business and political career of the former president, marked by investigations, lawsuits and general chaos.

Here are three things to know about how Trump stands to earn billions of dollars.

All eyes are on the Digital World shareholders

The vote by Digital World shareholders should be simple.

If the shareholders of the shell company do approve the deal, Digital World would become Trump Media in the stock markets as early as next week, trading under the stock symbol DJT, short for Donald J. Trump.

But Digital World has struggled to find enough shareholders to show up in previous key votes, so there are no guarantees that they can get enough of a quorum on Friday to approve the merger.

And the process to this point has been far from easy in other ways. Digital World has also faced scrutiny from the Securities and Exchange Commission, and it has also facedlawsuits from key shareholders that are still pending

Trump stands to earn billions

If enough Digital World shareholders approve the deal, the windfall for Trump could be big.

Trump would own over 50% of the new merged company, a stake that would be worth over $3 billion at current market valuations.

Analysts agree those kinds of valuations are far removed from the actual value of Trump Media. Truth Social had just over $3 million in revenue in the first nine months of last year and losses of nearly $50 million.

But a lot of the value comes from the hundreds of thousands of rabid Trump supporters who have bought into Digital World in anticipation of the merger with Trump media.

And that's why the stock is widely seen as a "meme stock," meaning shares that are driven by the whims of individual investors and not for any fundamental factors.

Stock markets have seen clear examples of this in recent years, like retailer Gamestopor movie chain AMC, both of which have caught Wall Street by storm by experiencing spectacular rallies during the pandemic.

Jay Ritter, Cordell professor of finance at the University of Florida says Digital World is not much different from the craze that enveloped those two stocks.

"This is largely a meme stock where the price is divorced from the fundamental value of the company," he says.

Trump Media, the company behind Truth Social, could be valued at billions of dollars when it goes public, even if analysts believe the valuations are well above its financial fundamentals.

Olivier Douliery / AFP Via Getty Images

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AFP Via Getty Images

Trump Media, the company behind Truth Social, could be valued at billions of dollars when it goes public, even if analysts believe the valuations are well above its financial fundamentals.

There are professional investors, too, looking for opportunities to profit from the deal. Take Matthew Tuttle, chief executive of Tuttle Capital Management.

"While fundamentally. I don't get it, I'm going to trade it because it's going to move," Tuttle says. "It's going to have a rabid following and it's going to be a fun stock."

But Trump might not be able to sell his shares soon

The potential windfall comes at a time when Trump is in dire need of cash.

On Monday he needs to post over $400 million in bond to settle a civil fraud case, and Trump has been unable to secure a company to put up the cash.

However, how soon the former president can cash in on his stake in Trump Media is uncertain.

Under the current agreement, Trump faces a six-month lock-up period, meaning he won't be able to sell his shares in Trump Media during that period.

He could, however, try to work out a deal that would allow him to sell some or all of his holdings earlier, though a big sale at once would risk sending Trump Media shares sharply lower.

Trump could also try to find somebody who would loan him the money using his Trump Media shares as collateral.

But the Trump Media shares would be trading at above what many analysts think it's actually worth, making it difficult for a lender to justify lending him the money.

Then again, this is former President Trump, as Tuttle notes.

"All I know," Tuttle says. "Whenever Trump is involved in something, I think you got to assume to expect the unexpected."

Copyright 2024 NPR. To see more, visit https://www.npr.org.

Tuesday, March 12, 2024

Bud Light for MAGA

The Wrap

Rachel Maddow Warns Trump Is ‘for Sale’ After Endorsing Bud Light: It Only Took ‘One Fundraiser’

Ross A. Lincoln

Mon, March 11, 2024 at 11:55 PM CDT·4 min read

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On Monday, Rachel Maddow had a bleak assessment about America’s future should Donald Trump be elected president again. America, she said, is “in a radically fragile place when it comes to what exactly is for sale in our country and from our government.”

What inspired Maddow’s commentary is the recent, very curious change of heart Donald Trump had about Bud Light and TikTok, which she demonstrated, at least in the case of the beer company, appears to be the direct result of what amounts to bribery.

For those who forgot, in 2023, Bud Light briefly partnered with trans influencer Dylan Mulvaney for an extremely anodyne Instagram promotion. Conservative activists immediately stoked a transphobic freak out about it, and Mulvaney was subjected to intense and vicious harassment on social media.

Mulvaney later said the company basically cut her loose and let her endure the death threats and similar without any support. Meanwhile right wingers turned the beer, a staple of events and pastimes generally coded as “conservative,” into a culture war target, and eventually the executive who approved the partnership with Mulvaney was forced out.

“Under the course of just over a year, Bud Light was transformed from a normal American thing you don’t think much about into something very, very bad, something they would shoot on sight,” Maddow explained, noting that Trump himself was a huge promoter of this particular campaign.

But then, Maddow noted, “Donald Trump did a total 180. Out of the blue, he decided unilaterally to call off the right wing jeremiad against Bud Light. He told all his followers to start drinking bud lying again. Quote, ‘Anheuser-Busch is a great American brand that deserves a second chance.'”

Then Maddow identified what almost certainly caused this massive change of mind, starting on Feb. 6, the day Trump announced it.

“At 9:47 a.m., the lobbyist for Anheuser-Busch announces a $10,000 a plate fundraiser for Trump, 9:47 a.m. That same day at 3:30 p.m., Trump announces that he has changed his mind on Bud Light and conservatives should all drink Bud Light again,” Maddow said.

“All Anheuser-Busch had to do was announce they were going to do the fundraiser to get Trump to do what they wanted, to get Trump to call off what had been a years-long conservative culture war top line issue,” Maddow said. “That’s apparently what it took to end the great right-wing Bud Light freakout of 2023 and 2024. One fundraiser.”

Maddow then looked at Trump’s equally strange change of heart on TikTok. For those in need of a quick catch up, Trump tried to ban TikTok when he was president. Now, there is a bipartisan bill in the works with massive congressional support — and Biden has already said he’ll sign — that if passed would effectively ban TikTok in America unless it is sold to a company without ties to Beijing.

Trump however now opponses this bill and has said positive things about TikTok. Maddow tied this to a recent meeting between Trump and Jeff Yass, an American billionaire with a 13% stake in TikTok’s parent company Bytedance.

“So follow the bouncing coin, if you will. Step one, take very aggressive, very public position against foreign a company,” Maddow said. “Step two, notice nearby man who has $33 billion 15 percent stake in that company. Step three, need money desperately. Step four, announce new stance very much in favor of the same foreign company you used to oppose while blinking one’s eyelashes at the man you just noticed.”

“Step five — cha-ching, cash in,” Maddow quipped.

Maddow tied all this to Trump’s clear financial problems, as exemplified by the fact he had to get a bond from an unnamed lender in order to cover the $91 million required to appeal the judgment in the E. Jean Carroll defamation case. and that’s on top of the more than $400 million Trump has been fined after being found guilty of business fraud.

So he desperately needs money, I mean, right now,” Maddow said. “And he needs that money so urgently, right now, while he is openly changing his publicly held, long held supposedly heartfelt policy position — positions in ways that appear to be just straight-up responsiveness to financial incentives.”

“No matter how you think of Trump, no matter whether you support him or not, no matter whether you care about politics or not, it puts us, the American people, in a radically fragile place when it comes to what exactly is for sale in our country and from our government,” Maddow said as the concluded the commentary.

“I mean, Bud Light and TikTok seem to have figured out very early on where exactly you insert the coins to receive your prize. But if anything is for sale, right, if everything is for sale, what makes you think it’s going to stop with thin beer and Chinese social media apps? Everything must go. Everything’s for sale. Anybody who can pay can get what they want. And you wonder why guys like this always want to undermine the rule of law.”

The post Rachel Maddow Warns Trump Is ‘for Sale’ After Endorsing Bud Light: It Only Took ‘One Fundraiser’ appeared first on TheWrap.

Wednesday, March 6, 2024

Dean Marcellus February 4, 1944 ~ March 1, 2024 (age 80)

Official Obituary of

Dean A. Marcellus

February 4, 1944 ~ March 1, 2024 (age 80)


Dean Marcellus Obituary

Dean Anthony Marcellus, beloved husband, devoted father and stepfather, cherished grandfather and brother, entered his eternal rest on March 1, 2024 at Symphony Northwoods in Belvidere, IL. Born on February 4, 1944 in Louisville, KY to Augusta Marie (Stichweh) and Lawrence Keith Marcellus, Dean and his family moved to Belvidere when he was 10 years old. He attended St. James Catholic School, then Belvidere High School, before going to the University of Notre Dame, where he studied Spanish and Russian and graduated magna cum laude.

After earning his bachelor’s degree, Dean served his country honorably in Vietnam as a first lieutenant in the U.S. Marine Corps. Upon completing his tour of duty and returning home, he helped his father with the family business, Marcellus Industries, eventually running the business for several decades. Dean married the love of his life, Laura, on June 9, 1984 in Notre Dame, IN.

A lifelong and devout Catholic, Dean was an active member of St. James Parish, attending daily Mass and participating in the ministry to those who are homebound for decades. He also enjoyed serving as a lector, teaching religious education, and volunteering with the Society of St. Vincent de Paul. Dean was highly civic-minded and involved in the affairs of the Belvidere community.

Dean was preceded in death by his parents, children Galen Lawrence Marcellus, Kathleen Joanne Ward and Michael Andrew (“Andy”) Ward, brother Dale A. Marcellus, sister Dolores A. Moss, brother-in-law Thomas R. Moss, nephew Patrick Moss, grandson Lil’ David Ward, and great-grandson River. He is survived by his loving wife of nearly 40 years Laura Marcellus, devoted children John Ward and Lindsay Marcellus (John Chin), daughter-in-law Laura Ward, sister Darcie (Michael) Chamberlain, grandchildren Joseph, Jeremy, and Geordi Marcellus Chin, Jennifer (Paul) Meyer, and Kathleen and Joshua Ward, and great-grandchildren Daniel and Natallia. He is also loved and missed by his cousin Carol (Jim) Godsey, his host daughter Ericka Abreu, his sisters- and brothers-in-law, nieces and nephews, and friends.

Dean’s warmth, compassion, trustworthiness, playful spirit, steadfast faith, and willingness to serve others touched the lives of many in his community. He was gentle with both people and animals - always ready with a “kind word and a smile.” While he often lightened a situation with his sense of humor, he did not shy away from difficulty, and is remembered by many for listening to and accompanying them during painful experiences. He lived with integrity and in accordance with his faith and had a profound trust in divine providence.

He took delight in his children and grandchildren, and his passion for education, tendency to look “outside the box,” commitment to life-long learning, love of languages (and wordplay), willingness to stand up for what was right despite the cost, and dedication to those around him will live on in the hearts of those who love him.

A funeral Mass will be held at 12:00 p.m. on Saturday, March 9, 2024 at St. James Catholic Church, 402 Church St., Belvidere, IL 61008. Interment of his ashes will follow at Highland Garden of Memories. In lieu of flowers, donations may be made to the Wounded Warrior Project. The family would like to thank Symphony Northwoods and Heartland Hospice for maintaining his comfort during these last several months.

To send flowers to the family or plant a tree in memory of Dean A. Marcellus, please visit our floral store.


Services

MEMORIAL MASS

Saturday
March 9, 2024
12:00 PM
St. James Catholic Church
402 Church Street
Belvidere, IL 61008