Monday, April 9, 2018

Oh what tangled webs we weave

Trump attorney Cohen is being investigated for possible bank fraud, campaign finance violations, according to a person familiar with the case

Michael Cohen, the longtime attorney of President Trump, is under federal investigation for possible bank fraud, wire fraud and campaign finance violations, according to three people with knowledge of the case.

FBI agents on Monday raided Cohen’s Manhattan office, home and hotel room as part of the investigation, seizing records about Cohen’s clients and personal finances. Among the records taken were those related to a 2016 payment Cohen made to adult-film star Stormy Daniels, who claims to have had a sexual encounter with Trump, according to another person familiar with the investigation.
Follow the money


Friday, April 6, 2018

Trump and the “nontariff barrier” - TARIFF

This guy Trump is something else. He has a funny way of starting a trade war when he wants to raise the price of all automobiles sold in  America, both foreign and domestic. I mean really, are we to believe foreign imports must increase their prices that domestic car manufacturers won't take advantage of that to raise the price of their cars?

U.S. Looks to Protect Domestic Car Makers From Foreign Competition

Trump administration is examining stricter enforcement of environmental rules on imported vehicles


The Trump administration is pursuing ways to protect domestic vehicle manufacturing by forcing imported cars to meet stricter environmental rules when entering the country, according to senior administration and industry officials, a move that would make imports more expensive.

The cost of meeting the stiffer import standards would, at least in part, be passed along to U.S. consumers. This style of “nontariff barrier”—a protectionist stratagem the U.S. has long condemned in other countries—is designed to reduce the relative cost of cars manufactured in the U.S., by American workers, the officials said.
Mr. Trump has asked the Environmental Protection Agency and several other agencies, including the Commerce and Transportation departments, to pursue plans to use such laws as the Clean Air Act to subject cars made overseas to strict emissions-standards testing and reviews when entering the U.S. The rules could effectively require more expensive technology on some foreign cars or subject those cars to more expensive hurdles that can be billed to the manufacturer or importer.