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Daily Bread for 10.8.20

Good morning.

Thursday in Whitewater will be sunny with a high of sixty-four.  Sunrise is 7:01 AM and sunset 6:22 PM, for 11h 20m 40s of daytime.  The moon is a waning gibbous with 65.5% of its visible disk illuminated.

Today is the one thousand four hundred thirtieth day. 

 Whitewater’s Finance Committee meets via audiovisual conferencing at 4:30 PM.

 On this day in 1871, Peshtigo, Wisconsin suffers the Peshtigo Fire: “devastated by a fire which took 1,200 lives. The fire caused over $2 million in damages and destroyed 1.25 million acres of forest. This was the greatest human loss due to fire in the history of the United States. The Peshtigo Fire was overshadowed by the Great Chicago firewhich occured on the same day, killing 250 people and lasting three days. While the Chicago fire is said to have started by a cow kicking over a lantern, it is uncertain how the Peshtigo fire began.”

Recommended for reading in full — 

Astead W. Herndon and Adam Nagourney report 6 Standout Moments From Harris and Pence at the Debate:

The [Biden] campaign believes the pandemic response encapsulates every unpopular part of Mr. Trump’s administration, and Ms. Harris opened the debate by focusing on the federal government’s response to the virus. She was unrelenting, evoking memories of the Democratic presidential primary race, when she promised to “prosecute the case against Donald Trump.”

The early attack on the virus was also significant for media markets. With the debate starting at 9 p.m. Eastern, both campaigns will have known that the early moments are critical for newspaper deadlines and audience ratings, because live viewership tends to drop as the evening goes on.

With Ms. Harris making the pandemic response her first answer, she focused her energy on the issue her campaign is zeroed in on.

Andrew Prokop asks Who does Trump owe hundreds of millions of dollars to?:

The New York Times’s blockbuster report on President Trump’s tax records has drawn new attention to the fact that Trump is hundreds of millions of dollars in debt, with much of that debt coming due in the next four years.

This has led to much speculation about to whom the president might owe so much money, and why.

But in fact, the answer — or at least, part of the answer — has long been known. Trump owes hundreds of millions of dollars each to two financial institutions: Deutsche Bank and Ladder Capital.

Trump revealed this in his financial disclosure forms when he first ran for president in 2016, and journalists like Russ Choma of Mother Jones have been writing about it since. Choma wrote another piece on this earlier this summer, making the case that Trump’s half a billion in loans coming due “may be his biggest conflict of interest yet.”

Trump’s loans from Deutsche and Ladder were all linked to particular properties — they were either mortgages on the properties themselves, or loans to fund the development of a property. Still, there have long been questions about why Deutsche and Ladder would loan Trump so much, given his history of stiffing his creditors.

But overall, these loans are less mysterious than another aspect of Trump’s financial history — that from 2006 to 2014, he spent more than $400 million in cash on buying or developing various properties. Some journalists have long questioned how Trump got the money for all this, wondering whether he has other sources of funds he hasn’t disclosed. And the Times’s first story on the new tax records doesn’t clear this up.

Pilot And Architect Answer Google’s Boeing 747 Brain Teaser:

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