Showing posts with label The President's Brand™. Show all posts
Showing posts with label The President's Brand™. Show all posts

Monday, March 12, 2018

It's Mueller Time, Con't

As I've said before, there's three aspects to the Mueller investigation into the Trump regime, the Russian conspiracy to collude with Trump's team in order to affect the 2016 election, the long-time money laundering through Trump's international holdings, and the obstruction of justice to cover up evidence of the first two parts of the story.

It was a very busy weekend on the Mueller front, we've got four for your today.  Since Trump and his compatriots are terrible liars, the obstruction of justice investigation is proceeding faster than the other two sections of the probe, and the theory from Bloomberg News this morning is that Mueller will sit on any charges against Trump and/or his family until the rest of the investigation is completed.

Special Counsel Robert Mueller’s investigation into whether President Donald Trump obstructed justice is said to be close to completion, but he may set it aside while he finishes other key parts of his probe, such as possible collusion and the hacking of Democrats, according to current and former U.S. officials.

That’s because Mueller may calculate that if he tries to bring charges in the obstruction case -- the part that may hit closest to Trump personally -- witnesses may become less cooperative in other parts of the probe, or the president may move to shut it down altogether.

The revelation is a peek into Muller’s calculations as he proceeds with his many-headed probe, while pressure builds from the president’s advisers and other Republicans to show progress or wrap it up.

The obstruction portion of the probe could likely be completed after several key outstanding interviews, including with the president and his son, Donald Trump Jr. The president’s lawyers have been negotiating with Mueller’s team over such an encounter since late last year. But even if Trump testifies in the coming weeks, Mueller may make a strategic calculation to keep his findings on obstruction secret, according to the current and former U.S. officials, who discussed the strategy on condition of anonymity.

Any clear outcome of the obstruction inquiry could be used against Mueller: Filing charges against Trump or his family could prompt the president to take action to fire him. Publicly clearing Trump of obstruction charges -- as the president’s lawyers have requested -- could be used by his allies to build pressure for the broader investigation to be shut down
.

Other key matters under investigation by Mueller’s team, with its 17 career prosecutors, include whether Trump or any of his associates helped Russia meddle in the 2016 campaign. Mueller is also expected to indict some of those responsible for hacking the Democratic National Committee before the election and publicly leaking stolen material in an effort to hurt Democrat Hillary Clinton.

The timing for whether -- and when -- to interview Trump or his family members is one of the most sensitive decisions Mueller faces at this stage of his investigation. The special counsel’s office declined to comment for this story.

This is a weird story, which heavily implies that Mueller has more than enough to start charging the President and his inner circle with obstruction of justice, but the second Mueller makes a move either way on it, the fear is that Trump will fire Mueller.

I'm assuming the story is to inform people to hold on and to expect Mueller's team to go dark again after a relative whirlwind of action over the last several weeks.  It's also a reminder that the investigation in total is far, far from over.

Connect the dots in public reporting on Trump’s financial dealings, and a business model comes to light, one based on association with crooks, money launderers — and lots of Russians.

Take Trump’s Panama tower. The project’s lead broker, Alexandre Henrique Ventura Nogueira, was a criminal; in 2009, he admitted to money laundering and was arrested for fraud and forgery in other projects. He fled the country.

All-cash deals for condos — a red flag for money laundering — were commonplace at Trump Panama. Convicted drug-money launderer Colombian David Helmut Murcia Guzmán bought 10 condos. Suspected Russian money launderers Andrey Bogdanov and Ivan Kazanikov bought a dozen others. A former financial crimes prosecutor in Panama, Mauricio Ceballos, called Trump Ocean Club Panama “a vehicle for money laundering.”

Are financial crimes the kompromat (compromising evidence) that gives Russians leverage over him?

Panama is not an isolated instance — the business model started with his casinos.

The U.S. Bank Secrecy Act requires that the gambling industry (notorious for money laundering) keep strict records to detect and prevent “cleansing” of mobsters’ ill-gotten gains. The Trump Taj Mahal casino in Atlantic City, N.J., once paid a $10 million fine for willful violations of that act. It admitted doing it on purpose! What was the company hiding then?

Associations with criminals and Russians accelerated as the Trump Organization began licensing its name on hotel-condo projects.

Trump’s partners in its SoHo project in Manhattan, as in other deals, were crooks. Felix Sater, a Russian, had pleaded guilty to money laundering and stock manipulation and a stabbing with the stem of wine glass. The FBI considered partner Tamir Sapir part of a Russian mob. Financing for that hotel came from an Icelandic bank close to Russian President Vladimir Putin. Three-fourths of the sales were all-cash.

At Trump Tower Toronto, the Trump Organization first partnered with Leib Waldman, who had fled the United States after pleading guilty to bankruptcy fraud and embezzlement. Then a Russian-born Canadian, Alex Shnaider, replaced Waldman. Shnaider had made fast money in the former Soviet Union and dealt with a Russian bank connected to Putin. Another foreign bank, accused previously of acting as a conduit for Russian money laundering, financed the project. The project incurred excessive construction costs — a trademark of money laundering — and went bankrupt while 400 other similar condo towers in Toronto succeeded.

In 2012, the Trump Organization partnered with a family referred to as “the Corleones of the Caspian, after the fictional Mafia family in “The Godfather” films,” to launch a hotel-condo project in Azerbaijan. Duffel bags of cash were used to pay contractors. Was money laundering during construction its real purpose? One thing’s for sure: No one who intended a luxury hotel to succeed would ever locate it on the wrong side of the tracks, where this one stood. It never opened.

With evidence of so many financial crimes, the Russians may not need the salacious acts recounted in the Steele dossier to compromise Trump. A few major felonies might do quite nicely.

Remember, it's not just Trump, his entire family is in on the business, and business is good.

Donald Trump Jr. has a previously undisclosed business relationship with a longtime hunting buddy who helped raise millions of dollars for his father’s 2016 presidential campaign and has had special access to top government officials since the election, records obtained by The Associated Press show
The president’s eldest son and Texas hedge fund manager Gentry Beach have been involved in business deals together dating back to the mid-2000s and recently formed a company — Future Venture LLC — despite past claims by both men that they were just friends, according to previously unreported court records and other documents obtained by AP. 
Beach last year met with top National Security Council officials to push a plan that would curb U.S. sanctions in Venezuela and open up business for U.S. companies in the oil-rich nation. 
Ethics experts said their financial entanglements raised questions about whether Beach’s access to government officials and advocacy for policy changes were made possible by the president’s son’s influence — and could also benefit the Trump family’s bottom line. 
“This feeds into the same concerns that we’ve had all along: The really fuzzy line between the presidency and the Trumps’ companies,” said Noah Bookbinder, who leads Citizens for Responsibility and Ethics in Washington, a public policy group. “Donald Trump Jr. sort of straddles that line all the time.” 
Last February, just as Trump Sr. was settling into office, Beach and an Iraqi-American businessman met with top officials at the National Security Council to present their plan for lightening U.S. sanctions in Venezuela in exchange for opening business opportunities for U.S. companies, according to a former U.S. official with direct knowledge of the proposal.

The Trumps are corrupt to the core.  It'll be easy to jump on the obstruction of justice and call it a day, but the real issue remains the repeated criminal violations of corruption and influence peddling.  If Mueller has to sit on an open-and-shut obstruction case to get to the slimy middle of this garbage mountain, then so be it.

And finally, let's not forget that the White House staff could be facing plenty of criminal liability for enabling the Trump regime.

If special counsel Robert S. Mueller III one day proves that someone on the 2016 Trump campaign colluded with Russia, a top White House spokesman may live to regret what he said Sunday. 
Appearing on ABC's “This Week,” deputy White House press secretary Raj Shah said President Trump would have been aware of any such collusion if it did occur. 
“There's been zero evidence, after a year of investigation, that we've seen of actual collusion between the Russian government and the Trump campaign,” Shah said. “The president, who would be aware of any types of efforts, has been pretty clear, understands and knows that there is no collusion. 
“And so, as he has said, this investigation is everything from a hoax to a witch hunt. It's not going to find any evidence of collusion.” 
Okay, but what if it does? Shah has just ruled out the idea that someone else could have colluded with Russia without Trump's knowledge. If we find out one day that someone within the campaign did collude, Shah's remarks suggest that Trump had to have known about it. There's no other way to read them.

They're crooks and they're stupid crooks.  And hey if the story gives Trump's people heartburn, well. We'll see.

Thursday, February 22, 2018

Selling The President's Brand™

Don Jr. is in India this week selling Trump stuff to the locals as the Trump Regime International Grift Tour continues.

Donald Trump Jr. arrived in India on Tuesday for a week-long visit, and his trip has already revealed a couple of things. 
First, it’s clear that the Trump administration is still embroiled in huge conflicts of interest. And second, it’s evident that the Trump brand, though toxic at home, commands surprising power in the world’s second most populous country. 
President Trump’s eldest son will be spending his time in India promoting Trump-branded luxury apartments across the country. He’ll be meeting with real estate brokers and potential buyers throughout the week in his family business’s biggest market outside the US. 
He’s also offering a special reward to Indians who buy property from him: He’ll join them for an intimate meal. 
Indian newspapers have been running advertisements that promise homebuyers willing to pay a roughly $38,000 booking fee an opportunity to “join Mr. Donald Trump Jr. for a conversation and dinner.” 
Government ethics experts in the US are appalled by that prospect, and say that the arrangement encourages Indians — especially those with ties to India’s government — to use purchases of Trump-branded property as a way to gain favor with the Trump administration
“For many people wanting to impact American policy in the region, the cost of a condo is a small price to pay to lobby one of the people closest to the president, far away from watchful eyes,” Jordan Libowitz, the communications director for Citizens for Responsibility and Ethics in Washington, told the Washington Post
Trump Jr.’s India visit also highlights something else: While Trump’s polarizing presidency has put a dent in his domestic businesses, it doesn’t seem to have damaged his reputation in India. In fact, the Trump brand seems to be chugging along quite nicely there.

I'm trying to imagine the near-relativistic speeds at which Republicans would demand Congressional hearings, introduce legislation, and probably deliver articles of impeachment if Chelsea Clinton went to India to promote the Clinton Foundation while her mother was in the Oval Office.

But that's the new normal now, Trump Jr. is allowed to take money on trips abroad to sell the Trump brand wherever he goes, and people are expected to pay up if they want America to keep playing nice.

Sure we should be appalled at this, but nothing will change as long as Republicans remain in power.  This is how American diplomacy works now, you buy the Trump brand or else we pick up our $18 trillion a year economy and take it somewhere else.

Wednesday, January 4, 2017

Trump Cards, Con't

Apparently running into the buzzsaw of annoyed constituents with too much time on their hands to call their Represenatative, House Republicans have shelved their plans for declawing the House Ethics Office for now.  For some reason, everyone assumes Trump caused this, because he invented oxygen or something. Simon Maloy:

The House GOP kicked off the new session of Congress in politically baffling fashion by holding a closed-door vote to approve a rules change that will hollow out the Office of Congressional Ethics (OCE). That office was formed in 2008 as a response to the congressional ethics scandals that helped precipitate the 2006 Democratic midterm wave, and it functions as an independent, non-partisan ethics watchdog for the House of Representatives. Republicans in the House moved to strip OCE of some of its powers and place it under the oversight of the House Ethics Committee.

As far as political own-goals go, this was a fairly inexplicable one. Republicans met in the dead of night to cast a secret vote to hollow out an agency charged with maintaining ethical behavior in Congress. They were handing every Democrat in every congressional district across the country a pre-fabricated talking point to use against them — after all, who doesn’t like ethics in Congress? And they did so in the immediate aftermath of an election cycle that was shot through with allegations of corruption of promises to “drain the swamp” in Washington. 
Speaking of “drain the swamp,” the candidate who popularized that phrase, the fantastically corrupt president-elect Donald Trump, weighed in on the House GOP’s planned attack on OCE this morning via his medium of choice: Twitter. 
Trump’s position on this was clear. He didn’t have a problem with Republicans going after the “unfair” OCE, he just mildly suggested that maybe it shouldn’t have been the first thing on the agenda. (That critique doesn’t actually make much sense, given that it was part of the rules package that the House typically passes as its first order of business.) One of Trump’s senior advisers went on television to defend the House GOP’s proposed change as part of its electoral “mandate.”

But once this Twitter statement was sent, the political media tripped all over themselves to be the first to inaccurately report that Trump and the House GOP were at odds over ethics.

Everyone from the AP to CNN to FOX decided Trump was personally responsible for stopping the GOP on this. Greg Sargent is even more blunt on this media collusion:

Last week, I hectored you with my idea for a proposed rule of thumb for headline writing, one that would allow us to avoid the pitfall of allowing Trump to claim credit for things without alerting readers that his claim is open to doubt or dubious. 
Today, I’d like to ask for your indulgence as I propose another rule of thumb: If a casual reader would come away from your headline persuaded that Trump has adopted a clear stand that he hasn’t really adopted, then the headline is misleading and something is wrong. The threshold question here should be what impression a headline would leave with a reader who is skimming it. If it risks leaving a misleading impression, then it risks misinforming people. Trump often takes extremely slippery positions, making it more important to exercise care to avoid this. 
In this particular case, this is not a narrow, nitpicky criticism. It’s central to understanding the situation. Trump did not criticize the act of weakening ethics oversight, so for that reason alone, the implication that he struck a blow for the cause of good government is itself deeply misleading, particularly at a time when Trump is under intense fire for failing to take his own conflicts of interest seriously. What’s more, it would have been a lot harder for Trump to take the tough stand that these headlines ascribe to him, because if he did, he would be seemingly criticizing Republicans for trying to weaken ethics oversight on themselves. That’s a much more serious charge — and one much more unflattering to Republicans — than what Trump actually did say.

But that's the difference between how Trump is treated and how, say, Obama is treated.

Monday, December 26, 2016

Water We Waiting For, Con't

The Trump regime wants to "Make America Great Again" and envisions "millions" of new jobs created by long overdue infrastructure investments that Republicans blocked year after year because we "can't afford it" despite the fact that interest rates have been at record lows.  The real reason is that America had to be punished for daring to elect a black President, and Republicans were more than happy to do so.

But there's a new circus in town, and Republicans suddenly want to invest hundreds of billions in crumbling roads, leaky and toxic water mains, structurally failing bridges, and badly-needed sanitation projects.  If you're wondering what the catch is (besides obvious racism) just ask the folks who stand to rake in trillions over the years from profiting off of your water, electric, and toll road bills: Wall Street venture capital firms who want to become our new utility companies.

Nicole Adamczyk’s drinking water used to slosh through a snarl of pipes dating from the Coolidge administration — a rusty, rickety symbol of the nation’s failing infrastructure.

So, in 2012, this blue-collar port city cut a deal with a Wall Street investment firm to manage its municipal waterworks.

Four years later, many of those crusty brown pipes have been replaced by shiny cobalt-blue ones, reflecting a broader infrastructure overhaul in Bayonne. But Ms. Adamczyk’s water and sewer bill has jumped so much that she is thinking about moving out of town.

“My reaction was, ‘Oh, so I guess I’m screwed now?’” said Ms. Adamczyk, an accountant and mother of two who received a quarterly bill for almost $500 this year. She’s not alone: Another resident’s bill jumped 5 percent, despite the household’s having used 11 percent less water.

Even as Wall Street deals like the one with Bayonne help financially desperate municipalities to make much-needed repairs, they can come with a hefty price tag — not just to pay for new pipes, but also to help the investors earn a nice return, a New York Times analysis has found. Often, these contracts guarantee a specific amount of revenue, The Times found, which can send water bills soaring

No matter what happens in these public-private infrastructure partnerships, Wall Street will always get paid, and taxpayers will always get the shaft.  And if you don't pay up?  Wall Street gets to repossess your home.

Water rates in Bayonne have risen nearly 28 percent since Kohlberg Kravis Roberts — one of Wall Street’s most storied private equity firms — teamed up with another company to manage the city’s water system, the Times analysis shows. City officials also promised residents a four-year rate freeze that never materialized.

In one measure of residents’ distress, people are falling so far behind on their bills that the city is placing more liens against their homes, which can eventually lead to foreclosures.

In the typical private equity water deal, higher rates help the firms earn returns of anywhere from 8 to 18 percent, more than what a regular for-profit water company may expect. And to accelerate their returns, two of the firms have applied a common strategy from the private equity playbook: quickly flipping their investment to another firm. This includes K.K.R., which is said to be shopping its 90 percent stake in the Bayonne venture, a partnership with the water company Suez.

In other words, Wall Street wants to do to public works what they did to the real estate market 8 years ago.  And the Trump regime is raring to go to see Bayonne replicated in every city in America.

The New Deal is ending.  The GOP government no longer will provide any basic services for Americans.  Everything, from roads to schools to water to power to retirement to elder care, will be subject to profit margins.

And those who can't pay will be dealt with under the power of the state.

Tuesday, December 20, 2016

Lemme Hear Ya Go Hotel, Motel, Trump-iday Inn

And if Kuwait starts acting up, then they're not Trump's friend.

The Embassy of Kuwait allegedly cancelled a contract with a Washington, D.C. hotel days after the presidential election, citing political pressure to hold its National Day celebration at the Trump International Hotel instead.

A source tells ThinkProgress that the Kuwaiti embassy, which has regularly held the event at the Four Seasons in Georgetown, abruptly canceled its reservation after members of the Trump Organization pressured the ambassador to hold the event at the hotel owned by the president-elect. The source, who has direct knowledge of the arrangements between the hotels and the embassy, spoke to ThinkProgress on the condition of anonymity because the individual was not authorized to speak publicly. ThinkProgress was also able to review documentary evidence confirming the source’s account.

In the early fall, the Kuwaiti Embassy signed a contract with the Four Seasons. But after the election, members of the Trump Organization contacted the Ambassador of Kuwait, Salem Al-Sabah, and encouraged him to move his event to Trump’s D.C. hotel, the source said.

Kuwait has now signed a contract with the Trump International Hotel, the source said, adding that a representative with the embassy described the decision as political. Invitations to the event are typically sent out in January.

Abdulaziz Alqadfan, First Secretary of the Embassy of Kuwait, told ThinkProgress last week that he couldn’t “confirm or deny” that the National Day event would be held at the Trump Hotel. Reached again Monday afternoon, Alqadfan did not offer any comment. An email sent directly to Ambassador Al-Sabah was not immediately returned.

If you're a foreign national or lobbyist wanting access and want to stay in good graces with the Trump administration, you'd better stay at his hotels. They're now the only game in town in DC, Chicago, New York, SoHo, Miami and Vegas, but especially the DC digs.  President Trump would be disappointed if you didn't accept his offer of hospitality in our nation's capital. You wouldn't want to disappoint President Trump, would you?

This is how things work in America now.  Trump is the President's Brand™.

Gosh, that would make a pretty good tag, huh.
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