President Trump

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NOTHING TO SEE HERE...NOTHING!

Special counsel Robert Mueller?s team has asked witnesses about President Trump?s business dealings in Russia leading up to his decision to launch a presidential campaign in 2015, CNN reported late Tuesday.

Mueller?s team has reportedly asked witnesses recently about the timing of Trump?s decision to enter the presidential race, and whether the Russians may have compromising information on the president.
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http://thehill.com/homenews/adminis...out-trumps-business-dealings-in-russia-report
 
We shall see..

Irvinecommuter said:
NOTHING TO SEE HERE...NOTHING!

Special counsel Robert Mueller?s team has asked witnesses about President Trump?s business dealings in Russia leading up to his decision to launch a presidential campaign in 2015, CNN reported late Tuesday.

Mueller?s team has reportedly asked witnesses recently about the timing of Trump?s decision to enter the presidential race, and whether the Russians may have compromising information on the president.
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http://thehill.com/homenews/adminis...out-trumps-business-dealings-in-russia-report
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U.S. judge rejects lawsuit seeking to stop Trump border wall
A U.S. judge on Tuesday sided with President Donald Trump?s administration and rejected an attempt by the state of California and environmental groups to stop the government from building a wall on the U.S. border with Mexico.

The lawsuit filed in a San Diego federal court alleged that Trump?s proposed wall violates federal environmental standards, as well as constitutional provisions regarding the separation of powers and states? rights.

Curiel said his decision on Tuesday was not based on whether the underlying decisions to construct the wall ?are politically wise or prudent.? Rather, Curiel said the Trump administration had not exceeded its legal authority in pursuing the project.

California Attorney General Xavier Becerra, meanwhile, said in a statement his office remained opposed to the border wall and would evaluate its options.

?A medieval wall along the U.S.-Mexico border simply does not belong in the 21st century,? Becerra said.
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It's interesting to see Becerra running as a single issue candidate.  His entire platform is to pander to illegal immigrants - people that, by definition, cannot legally vote. 

Since his championing of the California "sanctuary state" legislation, ICE has stepped up enforcement with hundreds of raids in the state.  These raids have targeted illegal aliens with criminal records, people you would think our leaders would be thankful to be rid of, not because they are Mexican, but because they are violent predators.  His one man #resistance to Trump has led to probably thousands of additional deportations that wouldn't have taken place had California simply cooperated with Federal authorities to protect its citizens by deporting dangerous criminals.

He lectures the Feds for being barbaric, yet he protects those that murder, rape, and commit violence against our communities.
 
Bread and circuses.

Fix e-verify, enforce it on employers with C-level perp walks and issue is resolved.

That includes people paying cash for nannies, maids, and lawn care.
 
nosuchreality said:
Bread and circuses.

Fix e-verify, enforce it on employers with C-level perp walks and issue is resolved.

That includes people paying cash for nannies, maids, and lawn care.
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I agree this would probably be the most effective solution.  No wall needed.  Yet it wasn't included in the DACA compromise.
 
I get it...Trump fills up the swamp and then they all quit or get indicted! 

WASHINGTON (Reuters) - Hope Hicks, one of President Donald Trump's longest-serving aides, is resigning from her job as White House communications director, White House spokesman Sarah Sanders said on Wednesday.
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Sure it doesn't.

Sanders told reporters the timeline for Hicks' departure was unclear. She said her departure was not related to her testimony to a congressional committee on Tuesday about a probe into Russian meddling in the 2016 presidential election.
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https://www.yahoo.com/news/trump-confidant-hicks-resigning-white-house-job-york-213944015.html
 
Well...what do you know:

President Trump promised that his tax cut would encourage companies to invest in factories, workers and wages, setting off a spending spree that would reinvigorate the American economy.

Companies have announced plans for some of those investments. But so far, companies are using much of the money for something with a more narrow benefit: buying their own shares.

Those so-called buybacks are good for shareholders, including the senior executives who tend to be big owners of their companies? stock. A company purchasing its own shares is a time-tested way to bolster its stock price.

But the purchases can come at the expense of investments in things like hiring, research and development and building new plants ? the sort of investments that directly help the overall economy. The buybacks are also most likely to worsen economic inequality because the benefits of stocks purchases flow disproportionately to the richest Americans.

The tax overhaul is the cornerstone of Mr. Trump?s economic plan. It has been a big win for companies, offering lower corporate rates and a permanent break on overseas profits. Warren E. Buffett said in his annual letter to investors on Saturday that his company, Berkshire Hathaway, enjoyed a $29 billion gain thanks to the new tax law.
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https://www.nytimes.com/2018/02/26/business/tax-cuts-share-buybacks-corporate.html

huh...who would have thought this was going to happen...

American companies have lavished Wall Street with $171 billion of stock buyback announcements so far this year, according to research firm Birinyi Associates. That's a record-high for this point of the year and more than double the $76 billion that Corporate America disclosed at the same point of 2017.

Wall Street loves buybacks because they tend to boost the share price in part by inflating a key measure of profitability. In just the past three days, Cisco (CSCO), Pepsi (PEP) and drug maker AbbVie (ABBV) have promised a total of $50 billion of buybacks.

"It's the largest ever -- and nothing has really changed, except the tax law," said Jeffrey Rubin, director of research at Birinyi Associates.
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http://money.cnn.com/2018/02/16/investing/stock-buybacks-tax-law-bonuses/index.html
 
WINNING!

The Dow Jones Industrial Average traded near session lows Thursday afternoon as the stock market digested a second round of testimony from newly minted Federal Reserve Chairman Jerome Powell and the threat of tariffs on steel and aluminum imports. The Dow DJIA, -2.13% was off 485 points, or about 2%, at 24,542, with sharp declines in shares of United Technologies Corp. UTX, -3.38% and Boeing Co. BA, -3.78% contributing the most the blue-chip gauge's slump. Blue chips had been down by as much as 587 points at its lows of the day. The S&P 500 index SPX, -1.78% was down 1.6% at 2,670, falling beneath a psychologically significant level at 2,678. Meanwhile, the Nasdaq Composite Index SPX, -1.78% declined 1.6% at 7,155. Stocks have been volatile but took a leg lower amid reports that President Donald Trump would impose tariffs on steel and aluminum imports. "We're going to build our steel industry back and we're going to build or aluminum industry back," Trump said during a news conference on Thursday. "We're going to be instituting tariffs next week," the president said. Trump's comments, from a White House gathering with leaders in the steel and aluminum business, raise the specter of protectionist trade policies that could unsettle investors--at least in the short term. Meanwhile, earlier Thursday, Powell attempted to moderate comments he made on Tuesday in congressional testimony by emphasizing that the economy wasn't overheating.
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https://www.marketwatch.com/story/d...on-lows-as-trump-threatens-tariffs-2018-03-01
 
BEST PEOPLE!

Elliott Broidy and his wife, attorney Robin Rosenzweig, reportedly discussed in emails over the past year arranging a consulting contract with Jho Low, the businessman at the center of an investment scandal that ensnared Malaysian leader Najib Razak.

One email includes a proposal for a $75 million fee for the couple if the Justice Department dropped its investigation into the scandal, The Wall Street Journal reported Thursday.

Other emails allegedly show Broidy prepared talking points for Razak before the latter's 2017 visit to Washington, D.C., according to documents. The prime minister was advised to emphasize Malaysia's assistance in confronting North Korea.

The emails do not show if any consulting deal with Low was finalized.

Broidy was a vice chairman of President Trump's joint campaign fund with the Republican Party.
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http://thehill.com/policy/internati...tion-into-malaysian?__twitter_impression=true
 
IC - Bad news my friend.  Trump just slapped a 10% tariff on aluminum.  Your foil hats just got more expensive!  ;D
 
Liar Loan said:
IC - Bad news my friend.  Trump just slapped a 10% tariff on aluminum.  Your foil hats just got more expensive!  ;D
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My foil hats...I don't need one.  I have at least four indictments.

BTW:  Go look at the Dow and seek how that announcement is working out.  19th century economic policy in the 21st century.
 
Irvinecommuter said:
Liar Loan said:
IC - Bad news my friend.  Trump just slapped a 10% tariff on aluminum.  Your foil hats just got more expensive!  ;D
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My foil hats...I don't need one.  I have at least four indictments.

BTW:  Go look at the Dow and seek how that announcement is working out.  19th century economic policy in the 21st century.
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What would be the preferable way to deal with Chinese dumping in your opinion?
 
Liar Loan said:
Irvinecommuter said:
Liar Loan said:
IC - Bad news my friend.  Trump just slapped a 10% tariff on aluminum.  Your foil hats just got more expensive!  ;D
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My foil hats...I don't need one.  I have at least four indictments.

BTW:  Go look at the Dow and seek how that announcement is working out.  19th century economic policy in the 21st century.
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What would be the preferable way to deal with Chinese dumping in your opinion?
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Chinese is not even dumping a lot of steel/aluminum in the US.

The U.S. is the world's largest steel importing country. The top shipper of steel into the U.S. is Canada. Large Asian exporters ? and American allies ? that may be implicated include South Korea and Japan.
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https://www.cnbc.com/2018/02/20/china-would-not-be-the-only-country-hurt-by-us-steel-tariffs.html 

This would also drive manufacturing overseas and the tariffs will be held up by the WTO. 

Seriously...imposing trade wars starting trade war with China on the cusp of a slowing economy is Herbert Hoover level stupid.  United States is not the only or even predominant market anymore.

 
Liar Loan said:
China has been dumping steel for 20+ years now.  It's not a new phenomena.
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Clearly, the most reasonable thing to do after the horse has left the barn is to close the door, burn the barn down, and salt the fields.
 
Irvinecommuter said:
Liar Loan said:
China has been dumping steel for 20+ years now.  It's not a new phenomena.
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Clearly, the most reasonable thing to do after the horse has left the barn is to close the door, burn the barn down, and salt the fields.
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I'm sure to you it sounds esoteric to talk about the Chinese dumping steel.  It doesn't seem like something that would affect us.  But my dad was in the steel industry for 35 years and many in the industry have struggled to stay afloat because China is engaging in anti-competitive behavior.  The only thing keeping the American steel industry afloat is that China's quality is garbage, so it can't be relied upon in important applications.  Still, the fact that they sell for less than cost affects the entire global steel industry.
 
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