Tag: losses

  • ‘Woke is their god’: Ex-Dem fundraiser says party ‘in shambles’ after 2024 election losses

    ‘Woke is their god’: Ex-Dem fundraiser says party ‘in shambles’ after 2024 election losses

    EXCLUSIVE: A prominent former fundraiser for the Democratic National Committee (DNC) revealed that donors are fed up with the Democratic Party, claiming that it is in “shambles” following the presidential election.

    Lindy Li, a well-known fundraiser who raised money for the Democrats’ 2024 presidential campaign, announced her exit from the party in December after being ostracized for criticizing then-Democratic presidential nominee Vice President Kamala Harris.

    Speaking to Fox News Digital after President Donald Trump assumed office, Li, who has raised tens of millions of dollars for Democrats over the years, said the party she once stumped for is now “completely rudderless.”

    “Democratic donors absolutely, without a single exception, they are so angry and upset with the state of the party. They think the party is in complete shambles,” Li told Fox News Digital in an exclusive interview. 

    FORMER DEMOCRATIC PRESIDENTIAL CANDIDATE SAYS HIS PARTY IS ACTING ‘PATHETICALLY’ TO THWART MUSK’S DOGE

    Lindy Li spoke with Fox News Digital about the state of the Democratic Party. (Fox News Digital)

    “I don’t know how they’re going to get out of this wilderness,” Li said, adding that the party has been “hijacked” by “woke” ideology.

    HOUSE DEMOCRATS ANGRY AT LIBERAL GROUPS FOR STIRRING UP DIVISION IN PARTY: REPORT

    “It’s their religion, it’s their god, woke is their god. This trans, woke insanity – they are enthralled by it,” Li said. 

    “Companies are running as fast as they can from this toxic agenda, yet the Democratic Party is doubling down time and time again on this,” the former Democratic fundraiser added. “Honestly, it’s gender hysteria. It’s almost like a social contagion.”

    lindy li behind desk

    A ‘Day in the Life’ profile of then-congressional candidate Lindy Li on August 8, 2015, in Philadelphia. (Charles Ommanney/The Washington Post)

    Celebrities, such as Beyoncé and Cardi B, were criticized for reportedly accepting payments from the Harris campaign to appear and speak at events. 

    The artists have denied accepting payments from the campaign, but Li said that they “lied about not getting paid.”

    “All their production companies were getting compensated,” Li told Fox.

    After Beyoncé did not perform during her appearance at a Harris campaign event in October, critics claimed attendees had been intentionally misled.

    Singer Beyonce and Democratic presidential nominee Vice President Kamala Harris embrace as they attend a campaign rally of Harris

    Beyoncé and Harris embrace as they attend a Harris campaign rally in Houston on Oct. 25, 2024.  (Reuters/Marco Bello)

    “I honestly believe that the campaign used that to generate attention and publicity for their event,” Li said in an interview.

    After suffering defeat in the 2024 presidential election, Li said there is “no one on the horizon” to lead the Democratic Party into the next election cycle.

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    The former DNC official said the “humanity and kindness” she has received from Republicans has been “unbelievable” and that she is “optimistic” that she will retain her donors after leaving the Democratic Party, as she will now raise money for Republican candidates.

  • Tom Brady stresses how Super Bowl defeat impacts legacy: ‘They all tell me about the losses’

    Tom Brady stresses how Super Bowl defeat impacts legacy: ‘They all tell me about the losses’

    Tom Brady on Friday described the importance of having a loss on a resume as historic as his in an interview days before Super Bowl LIX between the Kansas City Chiefs and Philadelphia Eagles.

    Brady said on “The Herd with Colin Cowherd” that he didn’t understand the “big deal” of winning the big game, having already won the Orange Bowl at Michigan and then a Super Bowl his second season in the NFL.

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    Tom Brady has won more Super Bowls than any individual NFL franchise. (Amy Lemus/NurPhoto via Getty Images)

    It wasn’t until he faced a crushing defeat at the hands of the New York Giants in Super Bowl XLII, ending a chance at a perfect season after a record-breaking season for him personally, that he really understood the effect that losing has.

    “Then, you go to 2007 and you lose. And then, you go to 2011, and you go to the Super Bowl after having a great team in 2010, and we lose. And it was just like, wow this is way harder. We went 10 years between winning,” Brady said. “And I said, you know what, these Super Bowl moments I get a chance to partake in, I’m going to exhaust every bit of energy I have for this week of games, because when you lose this game, this is on your resume forever.

    “A loss in the Super Bowl matters more than any loss that you’re ever going to be a part of. When I go in Philly and (the fans) go ‘Philly Special, Philly Special’ and I’m at the Knicks game with my son and Spike Lee, I throw him a ball, and he catches it on his head like the ‘Helmet Catch’ – that was 17 years ago, and I’m still living that thing down.”

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    Tom Brady at Cardinals-49ers

    Former quarterback Tom Brady, left, gestures before an NFL football game between the San Francisco 49ers and the Arizona Cardinals in Santa Clara, Calif., Sunday, Oct. 6, 2024.  (AP Photo/Godofredo A. Vásquez)

    Brady added that fans don’t bring up his losses in the conference championship games.

    “They all tell me about the losses in the Super Bowl though.”

    Brady then told Cowherd about Patrick Mahomes and the possibility of him losing in the Super Bowl. He said it was obvious that Mahomes would want to win the Super Bowl again because, if not, he would be 3-2 in Super Bowls.

    “There’s certainly a lot of pressure, from my standpoint, as I got older, and I realized the enormity of this game, how important it is to actually win this game,” he added.

    Brady said that in his last Super Bowl, with the Tampa Bay Buccaneers, he spent two weeks watching film, learning Chiefs players’ movements and body language.

    Brady will be on the Super Bowl call for the first time as a broadcaster.

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    Super Bowl LIX will be streamed on Tubi. (Tubi)

    Coverage of Super Bowl LIX begins at 1 p.m. ET on FOX with kickoff set for 6:30 p.m. ET. The game can be streamed live for free on Tubi.

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  • Allstate says California wildfires to bring company .1 billion in losses

    Allstate says California wildfires to bring company $1.1 billion in losses

    Allstate said the wildfires that blazed through Southern California last month will bring the insurance company a sizable loss.

    CEO Tom Wilson said in a statement Wednesday that the wildfire-related losses are “expected to be about $1.1 billion, pre-tax, net of reinsurance, reflecting a decision to reduce market share beginning in 2007 and a comprehensive reinsurance program.”

    Allstate’s expected loss from the Los Angeles-area wildfires was disclosed in the insurance company’s fourth-quarter earnings release.

    A sign is shown on the entrance of an Allstate brokerage office on February 7, 2024, in Chicago, Illinois. Allstate Corp. today reported fourth-quarter earnings which exceeded Wall Street expectations. (Photo by Scott Olson/Getty Images) (Scott Olson/Getty Images / Getty Images)

    The company’s share of the California homeowners market stood at 5.8% at the end of 2023, down significantly from 12.6% 15 years ago, according to Allstate.

    STATE FARM ASKS CALIFORNIA TO APPROVE RATE HIKES AFTER WILDFIRES

    Allstate Property Liability President Mario Rizzo said during the company’s earnings call that it had “responded quickly and empathetically to help customers and communities after the tragic wildfires in Southern California.”

    Multiple wildfires devastated parts of the Los Angeles area last month, killing over two dozen people. One of the blazes, the Palisades Fire, scorched through 23,700 acres and razed over 6,800 structures. 

    Palisades Fire damage in Pacific Palisades

    View of damaged structures and homes caused by the wildfires in the Pacific Palisades neighborhood of Los Angeles on January 11, 2025, in Los Angeles, California.  (Axelle/Bauer-Griffin/GC Images / Getty Images)

    Southern California wildfires Pacific Palisades

    A view of fire-ravaged beach property overlooking the Pacific Ocean, which burned as a result of the Palisades Fire on January 12, 2025, in Malibu, California. (Frederic J. Brown/AFP via Getty Images / Getty Images)

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    “We deployed mobile claim centers and over 900 team members to assist customers. Helping our customers recover from the fires is our principal priority,” Rizzo said. “The financial impact of the wildfires reflects the comprehensive risk and return approach we’ve taken to managing the homeowners insurance business.” 

    The estimated $1.1 billion loss will appear in the company’s first-quarter earnings.

    Ticker Security Last Change Change %
    ALL THE ALLSTATE CORP. 191.88 -1.13 -0.59%

    Rizzo said that Allstate would “continue to monitor the development of this event and give an update later in February. 

    LA BUSINESSMAN RICK CARUSO LAUNCHES FOUNDATION TO REBUILD AFTER WILDFIRES

    The company generated $64.1 billion in 2024, including $16.6 billion in the fourth quarter. Its adjusted annual net income came in at $4.9 billion. 

    As of Friday, shares of Allstate were roughly flat from the start of 2025. Over the past 12 months, they have posted an over 20% increase.   

     

  • Ford is expecting mounting EV losses this year

    Ford is expecting mounting EV losses this year

    Ford Motor Co. announced its fourth-quarter earnings this week, and while they came in above expectations, the Detroit automaker signaled the losses in its electric vehicle (EV) division are projected to continue this year.

    Ford reported that its EV division, known as Model e, lost $5.1 billion in 2024. In its full-year outlook for 2025, Ford said that it expects adjusted earnings before interest and taxes (EBIT) of $7 billion to $8.5 billion, with free cash flows between $3.5 billion and $4.5 billion and capital expenditures between $8 billion and $9 billion.

    When Ford broke down its various segments, it noted an EBIT loss of $5 billion to $5.5 billion for Model e. That is offset by positive EBIT of $7 billion to $8 billion from Ford Pro and $3.5 billion to $4 billion from Ford Blue, as well as earnings before taxes of $2 billion from Ford Credit.

    “We expect a loss of $5 billion to $5.5 billion for Ford Model e, holding losses stable year over year,” said Sherry House, Ford’s incoming chief financial officer who is currently a vice president of finance at the company. “While industry pricing pressure remains, we plan to materially increase our global volume, driven by the full-year impact of European launches, and we significantly increased investment in our battery facilities and next-generation products, which are just two years away.”

    FORD MUSTANG MACH-E SALES SURPASS TRADITIONAL MUSTANG

    Ford’s EV division, known as Model e, is projected to lose about $5 billion in 2025. (Alex Kraus/Bloomberg via Getty Images / Getty Images)

    In response to a question from a financial analyst, House noted that while Ford Model e’s volumes are up, there are about $1 billion in additional costs related to its BOSK battery factory and engineering for its generation 2 EV products.

    Ticker Security Last Change Change %
    F FORD MOTOR CO. 9.29 +0.03 +0.32%

    House went on to discuss some of the factors putting pressure on the division, as well as some positive developments at the end of last year.

    “Some of the downward pressure that you continue to see, that’s on the pricing potentially in Europe, potentially in North America,” she said. “What’s been great though is Model e as it ended Q4 last year, the [Mustang] Mach-E, we had fantastic selling – over 30% increase quarter over quarter, and we stayed above the average transaction prices. So, while we’re seeing the pressure, we have been continuing to do well even with our Gen-1 products in our sales pace.”

    TRUMP ADMIN HITS BRAKES ON $5B ELECTRIC VEHICLE CHARGING STATION PROGRAM

    Ford Mustang Mach-E

    The All-Electric Ford Mustang Mach-E surpassed the traditional Mustang in sales last year. (Josh Lefkowitz/Getty Images / Getty Images)

    Ford’s announcement comes after automakers’ EV initiatives struggled in 2024 amid sluggish consumer demand compared to past expectations and increasing pricing pressures from rivals.

    General Motors does not report its electric division’s sales and financial figures separately like Ford does, but GM executives said that its EVs became “variable profit positive” last year by generating more in sales revenue than it spent on labor and material costs. However, that figure does not include fixed costs like building assembly lines.

    AUTOMAKERS THAT PUSHED BACK EV GOALS AND PLANS IN 2024

    Manufacturing workers in auto industry

    Workers assemble vehicle doors at the General Motors assembly plant in Fort Wayne, Indiana, on Tuesday, April 9, 2024. General Motors Co. is scheduled to release earnings figures on April 23. (Photographer: Emily Elconin/Bloomberg via Getty Images / Getty Images)

    GM fell short of its goal for producing and wholesaling 200,000 EVs in North America in 2024, ending up at 189,000 units, GM CFO Paul Jacobson said last week.

    Last year, Toyota announced that it would postpone its plans to build EVs in the U.S. until 2026 after it previously targeted late 2025, according to a Reuters report.

    Volvo in September dropped its plan to go all-electric by 2030, as the Swedish automaker now plans to still have hybrid vehicles in production at that time.

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    Luxury automaker Bentley announced in November it would push back its plan to transition to a lineup of only battery-electric vehicles from 2030 to 2035, adding that it will continue to manufacture plug-in hybrid vehicles until that time.

    Reuters contributed to this report.

  • From 4 straight Super Bowl losses to Josh Allen’s Patrick Mahomes problem, Bills might be cursed

    From 4 straight Super Bowl losses to Josh Allen’s Patrick Mahomes problem, Bills might be cursed

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    Former NFL quarterback-turned-analyst Dan Orlovsky sat on the ESPN desk for “Get Up” the day after Championship Sunday with his head down. 

    Taking a breath, he spoke his mind after seeing the Buffalo Bills fall to the Kansas City Chiefs again in the playoffs – four straight times Josh Allen & Co. fell to Patrick Mahomes.

    “I think it’s the most haunted organization and might be the most haunted player in the history of the NFL,” Orlovsky told his colleagues. “Four straight Super Bowl losses 30-plus years ago, and now four straight losses to Patrick Mahomes when your quarterback plays just as good. Just as good in all those games, and the point differential is only five points.”

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    Buffalo Bills quarterback Josh Allen walks off the field after the AFC Championship against the Kansas City Chiefs at GEHA Field at Arrowhead Stadium. (Mark J. Rebilas-Imagn Images)

    Does Orlovsky have a point? Are the Bills, and Allen, the most haunted organization and player in the history of the league? 

    There are 12 teams who have never won a Super Bowl, four of which have never seen the “Big Game” on their schedule: Cleveland Browns, Detroit Lions, Houston Texans and Jacksonville Jaguars.

    Of those 12 teams, only two have been to the Super Bowl four times but lost every time – the Bills and Minnesota Vikings. But there’s only one team in the history of the NFL to go to four straight Super Bowls and lose them all, and “Bills Mafia” had to deal with four years of the highest of highs followed by the lowest of lows in terms of fandom. 

    There were the “Curse of the Bambino” and “Curse of the Billy Goat” for the Boston Red Sox and Chicago Cubs, respectively, though they snapped those this century with World Series titles. For the Bills, the “Curse of Mahomes” might be the title for this Allen era, but the woes for the organization and fan base started in the 1990 season with an infamous kick.

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    WIDE RIGHT

    Super Bowl XXV saw two New York teams, the Bills and Giants, going against each other for the Vince Lombardi Trophy. 

    In the fourth quarter, Jim Kelly, much like Allen in that they were both bonafide stars at the quarterback position at the time of the Bills’ success, had 2:16 remaining for a game-winning drive. On the team’s final possession, he led his offense down the field, moving the ball quickly with short passes and some runs. 

    The Bills managed to get in field goal range, where kicker Scott Norwood could attempt a game-winning kick from 47 yards out. But when Norwood connected with the ball, it went wide right, and the Giants ran out the clock to win their second Super Bowl title for the franchise. 

    HOW ‘BOUT THEM COWBOYS

    The NFC East wasn’t kind to the Bills during this stretch, as they were beaten in Super Bowl XXVI by the Washington Redskins, 37-24, when Buffalo wasn’t able to put up a first-half point in the Hubert H. Humphrey Metrodome in Minneapolis in 1992. 

    Emmitt Smith touchdown run

    Dallas Cowboys running back Emmitt Smith in action against the Buffalo Bills during Super Bowl XXVII at the Rose Bowl. The Cowboys defeated the Bills, 52-17. (Mandatory Credit: Tony Tomsic-USA TODAY NETWORK)

    And if that was bad, it was even worse in 1993 when the Dallas Cowboys, led by multiple Hall of Famers in coach Jimmy Johnson, quarterback Troy Aikman, wide receiver Michael Irvin and running back Emmitt Smith, destroyed Buffalo, 52-17. 

    Kelly and the Bills got off to a hot start after Thurman Thomas scored from two yards out, but it was really all Cowboys from there. Jay Novacek had a 23-yard touchdown catch from Aikman, and a fumble recovered for a touchdown by Jimmie Jones gave Dallas the lead they wouldn’t look back from. 

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    It didn’t help that Kelly got injured in the second quarter and Frank Reich had to take over at quarterback. But for a third straight year, Buffalo went home empty-handed. 

    These two teams would meet again in Super Bowl XXVIII for a rematch, this time in the Georgia Dome. But a second-half goose egg on the scoreboard led to a 30-13 defeat for the Bills, and Smith won MVP after scoring two touchdowns and rushing for 132 yards on 30 carries. 

    Four straight years and no hardware is a tough pill to swallow, and what’s worse, the fan base hasn’t been back to the “Big Game” since then. 

    ALLEN VS. MAHOMES – PT. 1

    For his regular-season career, Allen is 4-1 against Mahomes and the Chiefs, and he’s won each of the last four games. That included this season, where Allen broke multiple tackles on a 4th-and-short run to score the game-sealing touchdown in a fantastic performance at home. 

    But Allen and the Bills have known since the 2020 NFL campaign that Mahomes and the Chiefs are a different animal in the playoffs. 

    BILLS GM BRANDON BEANE DISCUSSES CONTROVERSIAL 4TH-DOWN PLAY IN AFC TITLE GAME: ‘HE GOT THAT’

    The first meeting was the AFC Championship Game in 2021, where the Bills had a 9-0 lead to start the game, but Mahomes turned up the heat in the second quarter, scoring 21 points that led to a 21-12 first-half finish they wouldn’t look back from. 

    Mahomes would finish the game 29-of-38 for 325 yards with three touchdowns, while Tyreek Hill had a franchise-record 172 yards on nine catches and Travis Kelce totaled 13 catches for 118 yards and two scores – the most receptions by a receiver in a conference title game. 

    The Chiefs wouldn’t go on to win that Super Bowl, falling to Tom Brady and the Tampa Bay Buccaneers, 31-9, at Raymond James Stadium. But it was apparent to the Bills who you had to go through in the AFC to get back to the Super Bowl. 

    Josh Allen looks to pass

    Buffalo Bills quarterback Josh Allen drops back to pass against the Kansas City Chiefs during the first half of the AFC Championship at GEHA Field at Arrowhead Stadium. (Mark J. Rebilas-Imagn Images)

    13 SECONDS LEFT

    Arguably, one of the greatest postseason football games of all-time didn’t go in the Bills’ favor, and this is perhaps the biggest gut punch of them all in recent years. 

    Allen couldn’t have played any better in this 2022 AFC Divisional Round game, going 27-of-37 for 329 yards and four touchdowns, all of which went to receiver Gabe Davis, who set a playoff record with his four scores, which came on eight catches for 201 yards. 

    Davis’ final touchdown at Arrowhead Stadium was supposed to be the dagger in the Chiefs’ hopeful return to the AFC Championship, as there were just 13 seconds left on the fourth-quarter clock when the Bills’ kickoff commenced. 

    Leave it to Mahomes, though, as he threw a 19-yard pass to Hill, which ran five seconds off the clock, and then Kelce was left wide open for a 25-yard catch-and-run, which was another five seconds. So, with a game-tying field goal at 36-33 on the line for Harrison Butker, he drilled a 49-yard attempt to force overtime. 

    With the old overtime rules, where a touchdown ends it, the Chiefs took full advantage when they won the coin toss. Mahomes needed just one run and five passes to get into the red zone, where he found Kelce on an 8-yard pass for the win. 

    Sports fans will tell you where they were and what they were doing for the biggest, and worst, moments of their favorite teams. This is a memory that is truly haunting. 

    Tyler Bass reacts after missing field goal

    Buffalo Bills kicker Tyler Bass missed what would have been a game-tying field goal. The Bills lost to the Chiefs in the divisional round, 27-24. (IMAGN)

    WIDE RIGHT…AGAIN

    Bills fans had déjà vu last season during the Divisional Round in a game that wasn’t Allen’s best, but there was still a chance to get their own overtime revenge. 

    In a game at Buffalo this time, the Bills found themselves down three points in the fourth quarter with a chance to drive and at least kick a game-tying field goal to keep hopes alive for a trip to the AFC Championship. 

    But much like Super Bowl XXV, where Norwood missed his game-winning field goal wide right, Tyler Bass did the exact same. Bills fans at Highmark Stadium couldn’t believe history was repeating itself, as Mahomes and the offense picked up the necessary first down to seal victory. 

    Mahomes would go on to win back-to-back Super Bowls with an overtime victory over San Francisco, while Allen and the Bills had to wait for another crack in 2024. 

    “IT’S JUST NOT FUN”

    That was Allen’s quote after the 32-29 loss in Kansas City in the AFC Championship, marking the fourth straight dropped to Mahomes and the Chiefs. And there were surely some controversial calls, like the Xavier Worthy catch near the goal line that was ruled a catch despite the ball touching the ground during replay review. 

    But the biggest of them all came in the fourth quarter, when the Bills were up 22-21 over the Chiefs and had a chance to further their lead with another good drive. On 3rd-and-short, Allen whipped a screen to Dalton Kincaid, who scampered forward for what appeared to be a first down. However, he was ruled short despite referees not seeing his knee never touched the ground where he appeared to get tackled. 

    Instead of a challenge coming from the Bills’ sideline, they moved quickly to get Allen set up for a quarterback sneak. When the ball was snapped, Allen got stuffed, but not before he seemed to cross the line to gain with the football. 

    Once again, though, the refs called him short, turning it over on downs. Five plays later, Mahomes rushed in for the second time in the game and a two-point conversion gave them a seven-point lead. 

    Allen, though, with ice in his veins, tied the game with a 4th-and-goal pass to Curtis Samuel, and the Bills’ defense got the stop they needed to force just a field goal for the Chiefs, who now owned a 32-29 lead. 

    Enough time was on the clock, and Allen had the ball again late in the game with the ability to tie the game or take the lead. But on 4th-and-5 at the two-minute warning, the Chiefs’ blitz had Allen scrambling, though he was able to heave a pass downfield to Kincaid. The tight end had a shot at making it a miraculous throw-and-catch effort, but it bounced off his arms and the Chiefs would go on to win. 

    Josh Allen dives for first down

    Buffalo Bills quarterback Josh Allen dives for a first down against the Kansas City Chiefs during the second half of the AFC Championship. (Mark J. Rebilas-Imagn Images)

    ALLEN STATS THAT SHOCK

    Considering how great Allen and the Bills are, and the fact that they beat the Chiefs in the regular season, one would think Buffalo would pull one of these out. 

    But when Bass missed the field goal wide right this past season, the Bills tied the New Orleans Saints during their 2017-21 stretch with the most regular-season wins in a five-year stretch (58) without a Super Bowl appearance.

    As for Allen, the last three Chiefs matchups in the postseason have resulted in 752 total passing yards and 179 rushing yards for a total of 931 yards with a 68.12% completion rate and nine total touchdowns with no turnovers.

    So, despite averaging 310 yards per game over the last three meetings with the Chiefs in the playoffs and not turning the ball over, the Bills have not been able to win.

    It’s why former NFL star receiver Brandon Marshall told Fox News Digital that Allen was just brought into the “wrong era to be a quarterback.”

    “Sometimes you run into a Michael Jordan,” Marshall said. “Sometimes you run into a Tiger Woods in their prime, and you got to deal with it.”

    WHAT NOW?

    Allen’s post-game response this year said it all: “To be the champs, you got to beat the champs.”

    The only thing he and the Bills can do is keep grinding, work on their fundamentals and execution and hope the Chiefs can somehow make those one or two mistakes that can flip the game in their favor. 

    Because what fans and experts alike can see is that Kansas City is buttoned up in those clutch moments while the Bills haven’t had things go their way. 

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    Is it because they’re haunted by a ‘90s stretch that could have a curse on them now? Or is it, like Marshall said, the wrong era to go against someone like Mahomes, who has already entered the conversation as the best quarterback of all-time?

    Whichever school of thought you fall into doesn’t matter. At the end of the day, the Bills have gotten so close, and yet they’re on the outside looking in for the past 31 years. 

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