Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.
For Thine is the kingdom and the power and the glory, forever and ever. Amen †
House Judiciary Committee members Mark Meadows (R-NC) and Jim Jordan (R-OH) discuss the latest developments in the ongoing ‘spygate’/political surveillance scandal.
There are numerous media reports about the Senate Intelligence Committee filing a subpoena for additional testimony from Donald Trump Jr. However, there’s something a little, well, ‘off’ about how the story is being presented…. zero official verification.
Without any verification, and with only vague references to anonymous sourcing, CTH would advise to wait-and-see on this one. DJT-jr has been used more than once for leak hunting. The AP Article is HERE. That said, Trump Jr. did retweet this message:
Dan Bongino appears with Lou Dobbs to discuss the insufferable debate over the word “spies”. Bongino accurately outlines the issues with current FBI Director Christopher Wray and his institutional motives.
President Trump flew into Tyndall Air Force Base to tour the ongoing hurricane recovery effort ahead of a panhandle rally. After the visit and briefing President Trump will be heading to a MAGA rally at the Aaron Bessant Park Ampitheater in Panama City Beach, FL. President Trump is expected to speak at 8:00pm EDT.
UPDATE: Video Added
USTR Robert Lighthizer has filed the official notification with the federal register for the increase in Section 301 tariffs from 10% to 25% effective Friday (full pdf below). Additionally Reuters has exclusive details of the collapse in U.S-China trade talks.
As most CTH readers are aware, Lighthizer has focused heavily on the enforcement mechanisms within the trade talks. [Previous Bookmark] Apparently, when the 150 page draft agreement was presented to the Chinese politburo, Beijing balked at allowing the U.S. to hold controlling enforcement over the trade agreement terms.
The fallback presentation from Vice-Chairman Liu was: we cannot put the binding enforcement mechanisms in writing, you’ll have to ‘trust us’ to honor the agreement; at which time Lighthizer said no-way.
WASHINGTON/BEIJING (Reuters) – The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement that would blow up months of negotiations between the world’s two largest economies, according to three U.S. government sources and three private sector sources briefed on the talks.
The document was riddled with reversals by China that undermined core U.S. demands, the sources told Reuters.
In the aftermath of GM’s announcement to close the Lordstown, Ohio, auto assembly facility, President Trump worked earnestly to get GM to sell the facility and save jobs for the region. Today President Trump and GM CEO Mary Barra announce the likely sale to Workhorse Group pending UAW union approval.
Washington (AFP) – General Motors Wednesday announced plans to invest $700 million in Ohio and to sell a shuttered plant to a company that makes electric trucks, drawing cheers from President Donald Trump who has assailed the US automaker for cutting American jobs.
“GREAT NEWS FOR OHIO!” Trump tweeted, revealing the details ahead of the company’s official announcement.
I can just picture the The New York Times gathering a team of actuaries, legal accountants, tax historians, advisers and financial consultants around a big executive office table, piled high with reams of papers and spent coffee cups, saying:
“We’ve got him now…. as soon as people understand: fixed asset depreciation schedules; and if the assets were depreciated legally using straight line or diminishing balance; then we move to whole-value equity pick-up, or minority interest accounting; before digging into section 1031 ‘like-kind’ asset exchanges; partnerships (limited or writ large), carried interest loopholes, pass-throughs, net capital losses/gains, seven-year income averaging and the difference between long-term and short-term capital gains”…
…or something.
Seriously, the ‘Trump-taxes’ story has to be the biggest, funniest, most well documented, and most absurd, ongoing snipe hunt in history. “I was going to support President Trump’s re-election until I saw his depreciated amortization schedule from 1989″… said no-one, like, ever.
Could it be possible John Barron is still pulling this hilarious trick twenty-five years after the New York Times called Donald Trump “The Comeback King“?…
(more…)
During the House Judiciary Committee farce debate toward a pre-written impeachment resolution, Ohio Rep. Jim Jordan outlines the political motives of House democrats to try and avoid the looming investigation by Attorney General Bill Barr.
Last night the DOJ informed House Judiciary Chairman Jerry Nadler they would recommend President Trump invoke executive privilege over the Mueller report if Nadler continued in his quest to wrongfully impeach AG William Barr. Today the White House followed through:
(White House Statement) “The American people see through Chairman Nadler’s desperate ploy to distract from the President’s historically successful agenda and our booming economy. Neither the White House nor Attorney General Barr will comply with Chairman Nadler’s unlawful and reckless demands.
The Attorney General has been transparent and accommodating throughout this process, including by releasing the no-collusion, no-conspiracy, no-obstruction Mueller Report to the public and offering to testify before the Committee. These attempts to work with the Committee have been flatly rejected. They didn’t like the results of the report, and now they want a redo.
Faced with Chairman Nadler’s blatant abuse of power, and at the Attorney General’s request, the President has no other option than to make a protective assertion of executive privilege.