Appeals court hands Trump another loss, saying Congress can seek his tax returns

(THIS ARTICLE IS COURTESY OF CNN)

 

Appeals court hands Trump another loss, saying Congress can seek his tax returns

Washington (CNN)An appeals court has denied for the second time President Donald Trump’s attempt to stop an accounting firm from turning over his financial documents to the House, making it the second tax case Trump’s lawyers say they are taking to the Supreme Court.

The DC Circuit Court of Appeals said on Wednesday that a panel of eight judges out of 11 voted against allowing Trump to continue his appeal.
The decision is another loss stacked against Trump, after federal judges have repeatedly rebuked him and greenlighted the House’s effort as it also pursues his impeachment. The case, if Trump loses again with the Supreme Court, could deliver his tax returns or closely related financial documents into the hands of House Democrats.
The opinion reiterates the strong signal the court sent last month, when it upheld a lower court ruling that Trump’s longtime accounting firm Mazars USA must comply with a House subpoena of his tax documents and turn over eight years of accounting records.
Trump’s attorney Jay Sekulow said Wednesday that they will appeal the decision to Supreme Court, noting “well reasoned dissent” from three judges to Wednesday’s opinion.
House Speaker Nancy Pelosi welcomed the new ruling in a statement Thursday, saying, “once again, the courts have resoundingly reaffirmed the Congress’s authority to conduct oversight and consider legislation on behalf of the American people.”
In a separate case, Trump faces a Thursday deadline to ask the Supreme Court to block a Manhattan grand jury subpoena for copies of his financial records and tax returns. His attorneys have previously said they intend to ask the Supreme Court to take up the New York case.
And in yet another new filing in a third case Wednesday night, Trump’s legal team asked a judge for a two-week buffer period if the US House asks for his tax returns through New York state. Congressional Democrats countered in that court filing that they’d like to write an argument this week responding to this request and have an in-person hearing before the judge makes a decision.
Courts have previously refused to curtail Congress’ subpoena power.
The majority of the appeals court did not give reasoning why they declined to hear Trump’s appeal on Wednesday. But two judges, Greg Katsas and Neomi Rao, both Trump appointees to the federal appellate bench, wrote that they disagreed with the vote and would have heard Trump’s arguments again.
Katsas, who served in the White House Counsel’s office before taking the bench, wrote that he wanted a larger panel of judges on the court to hear the case, which he said presents “exceptionally important questions regarding the separation of powers among Congress, the Executive Branch and the Judiciary.”
He said that because the records are “personal” and not related to the office of the presidency, the “unavailability” of an assertion of executive privilege “creates an open season on the President’s personal records.”
Rao, who also served in the Trump administration and also dissented from the three-judge panel’s opinion, charged that when the court allowed the subpoena to go forward it “shifted the balance of power between Congress and the President and allowed a congressional committee to circumvent the careful process of impeachment.”
She said that even though the House has subsequently authorized an impeachment inquiry, the committee in issuing the subpoena was not relying on impeachment power.
A third judge, Karen Henderson, appointed to the circuit by President George H.W. Bush, signed onto their reasoning.
The administration has continued to stand its ground against all efforts to obtain Trump’s tax returns. Trump has claimed that ongoing IRS audits have stopped him from making his tax returns public, even though audits don’t prevent individuals from releasing tax returns.
This story has been updated with additional developments Wednesday.

8 Years of Trump Tax Returns Are Subpoenaed by Manhattan D.A.

(THIS ARTICLE IS COURTESY OF THE NEW YORK TIMES)

 

8 Years of Trump Tax Returns Are Subpoenaed by Manhattan D.A.

Investigators demanded the president’s personal and corporate tax returns as they examine hush money paid to Stormy Daniels.

ImageA lawyer for the Trump Organization last month called the investigation politically motivated “harassment of the president, his family and his business, using subpoenas as weapons.” 
CreditCreditAnna Moneymaker/The New York Times

State prosecutors in Manhattan have subpoenaed President Trump’s accounting firm to demand eight years of his personal and corporate tax returns, according to several people with knowledge of the matter.

The subpoena opens a new front in a wide-ranging effort to obtain copies of the president’s tax returns, which Mr. Trump initially said he would make public during the 2016 campaign but has since refused to disclose.

The subpoena was issued by the Manhattan district attorney’s office late last month, soon after it opened a criminal investigation into the role that the president and his family business played in hush-money payments made in the run-up to the election.

Both Mr. Trump and his company reimbursed Michael D. Cohen, the president’s former lawyer and fixer, for money Mr. Cohen paid to buy the silence of Stormy Daniels, a pornographic film actress who said she had an affair with Mr. Trump. The president has denied the affair.

It was unclear if the broad scope of the subpoena indicated that the office had expanded its investigation beyond actions taken during the 2016 campaign. A spokesman for the Manhattan district attorney, Cyrus R. Vance Jr., declined to comment.

The state prosecutors are seeking a range of tax documents from the accounting firm, Mazars USA, including Mr. Trump’s personal returns and those of his business, the Trump Organization. The subpoena seeks federal and state returns for both the president and the company dating back to 2011, the people said.

The investigation by Mr. Vance has been focused on $130,000 that Mr. Cohen paid Ms. Daniels, whose legal name is Stephanie Clifford, just before the election. Mr. Cohen pleaded guilty last year to breaking federal campaign finance laws and received a three-year prison sentence.

While the federal prosecutors who charged Mr. Cohen stated in a court filing in July that they had “effectively concluded” their inquiry into possible crimes committed by the company or its executives, Mr. Vance’s office is exploring whether the reimbursements violated any New York state laws.

In particular, the state prosecutors are examining whether the company falsely accounted for the reimbursements as a legal expense. In New York, filing a false business record can be a crime.

But it becomes a felony only if prosecutors can prove that the false filing was made to commit or conceal another crime, such as tax violations or bank fraud. The tax returns and other documents sought from Mazars could shed light on whether any state laws were broken. Such subpoenas also routinely request related documents in connection with the returns.

Democrats have insisted for years that Mr. Trump release his tax returns, which every modern presidential nominee has done before him. They contend that the president may be trying to conceal details of his actual financial worth, the source of his wealth and possible conflicts of interest involving his business partners.

Congressional Democrats have taken an aggressive approach, subpoenaing six years of Mr. Trump’s tax returns from the Treasury Department, as well as personal and corporate financial records from Deutsche Bank, Capital One and Mazars USA.

The president has fought back to keep his finances under wraps, challenging the subpoenas in federal court. He has also sued to block a New York State law, passed this year, that authorized state officials to provide his state tax returns in response to certain congressional inquiries. By tying up the requests in court, Mr. Trump’s team has made it diminishingly likely that Democrats in Washington will get the chance to review them before the election next year.

But it may be more difficult to fend off a subpoena in a criminal investigation with a sitting grand jury, as there is in Manhattan. It is possible the Trump Organization could try to negotiate with the district attorney’s office to narrow the scope of the subpoena.

Jay Sekulow, a lawyer for Mr. Trump, and Marc L. Mukasey, a lawyer for the Trump Organization, both declined to comment.

Asked whether the company would seek to quash the subpoena, Mazars USA said in a statement that it “will respect the legal process and fully comply with its legal obligations,” adding that the company was prohibited by its policy and professional rules from commenting on its work. The statement, however, did not directly address whether the company might take any legal action to block the subpoena.

Even if the Manhattan district attorney’s office is successful in obtaining the president’s tax returns, the documents would be covered by secrecy rules governing grand juries, meaning they would not become public unless they were used as evidence in a criminal case.

At the beginning of August, the state prosecutors also subpoenaed the Trump Organization, seeking documents related to the payment to Ms. Daniels and the reimbursement to Mr. Cohen. With few legal options, the Trump Organization has been complying with that subpoena.

Still, the company has derided the investigation by Mr. Vance, a Democrat, as politically motivated.

“It’s just harassment of the president, his family and his business, using subpoenas as weapons,” Mr. Mukasey said last month.

As part of its investigation, prosecutors from Mr. Vance’s office visited Mr. Cohen in prison in Otisville, N.Y., to seek assistance with their investigation, according to people briefed on the meeting, which was first reported by CNN.

Mr. Cohen also helped arrange for American Media Inc., the publisher of The National Enquirer, to pay Karen McDougal, a Playboy model who also said she had an affair with the president. Prosecutors in the district attorney’s office subpoenaed American Media in early August, as well as at least one bank.

The investigation is not the first time Mr. Vance’s office has focused on members of the Trump family or its business. In 2012, his office declined to charge two of Mr. Trump’s children, Ivanka Trump and Donald Trump Jr., in an investigation into whether they misled buyers interested in the Trump SoHo hotel-condominium project, a decision that resulted in criticism of Mr. Vance.

Maggie Haberman contributed reporting.

Ben Protess covers the Trump administration, including its overhaul of Obama-era regulations and potential conflicts of interest arising out of the president’s personal business dealings. He previously covered white-collar crime, Wall Street lobbying and the private equity industry. @benprotess

William K. Rashbaum is a senior writer on the Metro desk, where he covers political and municipal corruption, courts, terrorism and broader law enforcement topics. He was a part of the team awarded the 2009 Pulitzer Prize for breaking news. @WRashbaum  Facebook

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China: France to implement ‘national decisions’ on digital tax despite Trump’s threat

(THIS ARTICLE IS COURTESY OF THE SHANGHAI CHINA NEWS AGENCY ‘SHINE’)

 

France to implement ‘national decisions’ on digital tax despite Trump’s threat

Xinhua

French Minister of the Economy and Finance, Bruno Le Maire, said on Friday that the digital tax on internet giants was “a national decision” that the government would put on the ground, defying US threat of “a substantial reciprocal action.”

“France will implement its national decisions,” French newspaper Le Figaro quoted Le Maire as saying, in response to US President Donald Trump’s warning.

“The taxation of digital activities is a challenge that concerns all of us. We want to reach an agreement on this issue in the framework of the G7 and the OECD,” Le Maire said.

The French Parliament passed a new law to tax digital giants on July 11, making France one of the first countries to tax “GAFA” companies, namely Google, Amazon, Facebook and Apple.

“If anybody taxes them, it should be their home Country, the USA. We will announce a substantial reciprocal action on Macron’s foolishness shortly. I’ve always said American wine is better than French wine,” Trump wrote in his tweet.

The French Digital Services Tax imposes a 3-percent tax on total annual revenues generated by some companies from providing certain digital services to, or aimed at, French users.

The tax applies only to companies with total annual revenues from the covered services of at least 750 million euros (US$834 million) globally and 25 million euros in France.

The tax was initially adopted by France’s National Assembly, the lower house of parliament, on July 4. It is expected to collect 400 million euros this year and 650 million euros by 2022.

Despite a setback in Brussels to reach a European Union-wide taxation, the French government decided to impose the tax at the national level.

In response, the United States Trade Representative announced that it has initiated an investigation against the French law and its impact on US businesses.

The USTR launched the investigation under Section 301 of the Trade Act of 1974, accusing the French government of “unfairly targeting the tax at certain US-based technology companies”. It has been quoting Section 301 in investigating and interfering with foreign countries’ policies.

Section 301 is part of an outdated US trade law adopted in 1974 that allows the US president to unilaterally impose tariffs or other trade restrictions on foreign countries.

Christmas Should Be Celebrated On October 6th Not On December 25th

Christmas Should Be Celebrated On October 6th Not On December 25th

 

Throughout my years of life here in a country (U.S.) that at least used to say they were a Christian Country there has been the debate about not only what year but also on what day Jesus was born in Bethlehem. First on the year, Jesus I believe was born in either the year 4 or the year 3 BC. and he lived for 33 years so he would have died in either the year 29 or 30 AD. By the customs of the time a man had to be at least 30 years old to be allowed to speak in the Synagogues and then Jesus taught for 3 years before he was killed. But this letter to you today is about the date in which He was born.

 

Historians and Scholars alike have made the very obvious observation that there was no way that the correct date was December 25th yet this is a date that the early Catholic Church in Rome set for a date. They believed that He was born on the winter saultus yet there is no Biblical information to back this up. There are a couple of things I would like for you to consider about His birth date. Most all of the Scholarly papers I have read throughout the years have stated that they believe that Jesus would have been born somewhere between March and October. A lot of their reasoning is/was because of the weather patterns in Israel that there would have been no Shepards out at night watching over their sheep simply because the weather would have been way too cold for that.

 

Please consider now the two reasons I have come to the October 6th date. One, it was the time of year where people from all over the Nation of Israel returned to the place of their birth to pay their taxes to the Romans. Most of the people only had crops to pay their taxes with, either directly with the crops or with the money they got from selling their crops. This would have required a fall date after the crops had come in. During the spring, summer or winter would not have made any sense because the vast majority of the people would have had nothing to pay the taxes with. A fall date is the only time of year that is at all logical. Now for the date of October 6th. The reason that I say that this date makes the most sense is because in the Hebrew calendar they believe that they have traced the time back to the date that Adam was created by God. That date is Saturday October 6th in the year 3760 BC. They believe that this was the first Sabbath. For those of you who read my material on this subject matter you know that I believe that Adam was the first human of the Royal Bloodline but that there were millions of men and women before him for at least hundreds of thousands of human years, just not of the Royal Bloodline. If the Jewish Scholars are correct about the October 6th date then it would make logical sense that this may well have been the date that Jesus was born into this world in the flesh, into this Royal Bloodline. This date would coincide well with the bounty of the crops so that people would be able to pay their taxes with their crops or the money from them.

 

This article is just something that I would like you to consider being it is obvious that the Catholic Church is and was wrong about the late December date. I was not given this exact date by some kind of Divine intervention, it is only my belief and now you know why I believe that this October date is a logical one. Besides, look what mankind has done to the December 25th date, it is now not much more than a commercial Holiday that is all about seeing how much money and misery that can be garnered from the populous, not about the birth of The King.

Trump And His IRS Screwing The Working Class Again With New Tax Laws

(THIS ARTICLE IS COURTESY OF THE USA TODAY NEWS)

 

Another tax headache ahead: IRS is changing paycheck withholdings and it’ll be a doozy

https://uw-media.usatoday.com/embed/video/39090145?sitelabel=reimagine&placement=snow-smallarticleattophtml5&keywords=taxes%2Cpublic-finance%2Cinternal-revenue-service%2Chr-block%2Ctax-refunds&simpleTarget=&simpleExclusion=&pagetype=story&cst=money&ssts=money&series=

The first tax filing season under the new federal tax law is proving to be surprising, confusing — and occasionally frightening — for some Americans, especially those accustomed to getting money back from the government. (Feb. 21) AP

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You finally finished your taxes and are learning – for better or worse – the ins and outs of the new law.

But wait, the law isn’t done with you. There’s another complication coming out later this year: The Internal Revenue Service is changing how you adjust your paycheck withholdings, and early indicators show it won’t be easy.

The agency plans to release a new W-4 form that better incorporates the changes ushered in by the new tax law so that the amount held back for taxes in each of your paychecks is more accurate.

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The agency’s goal: A taxpayer shouldn’t owe or be owed come tax time.

Gas prices: Why you should fill up on gas on Monday mornings (and never on Friday afternoons)

Travel bonus: Travel tech: Cruising with this gadget on your vacation can make for much smoother sailing

But the changes won’t be simple, says Pete Isberg, head of government affairs at ADP, the payroll and human resources company.

Filling out the new form will be a lot like doing your taxes again.

“It’ll be a much bigger pain,” he says. “The accuracy will be 100 percent, but the ease-of-use will be zero.”

What’s changing?

While the new form hasn’t been released yet, the IRS last summer put out a draft version and instructions  seeking feedback from tax preparation companies and payroll firms. Instead of claiming a certain amount of allowances based on exemptions – which have been eliminated – the draft form asked workers to input the annual dollar amounts for:

  • Nonwage income, such as interest and dividends
  • Itemized and other deductions
  • Income tax credits expected for the tax year
  • For employees with multiple jobs, total annual taxable wages for all lower paying jobs in the household

“It looked a lot more like the 1040 than a W-4,” Isberg says.

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The new form referenced up to 12 other IRS publications to fill it out. It was so complex and different from the previous W-4 form that Ernst & Young worried employees would struggle to fill it out correctly and employers may need to offer training beforehand.

Why is it taking so long?

The tax and payroll community expressed many concerns about the draft form aside from its complexity.

Many cited privacy issues because the form asked for spousal and family income that workers might not want to share with their employers. Other employees may not want to disclose they have another job or do side work outside their full-time job.

To avoid disclosing so much private information, taxpayers instead could use the IRS withholding calculator, but it’s “not easy to use and the instructions are confusing,” according to feedback from the American Payroll Association.

In September, the IRS scrapped plans to implement the new W-4 form for 2019 and instead is planning to roll it out for 2020.

What to expect

Another draft version of the new W-4 is expected by May 31, according to the IRS, which will also ask for public comment.

“We encourage taxpayers to take advantage of that opportunity and send us comments on the redesign,” says agency spokeswoman Anny Pachner.

The IRS will review the comments and plans to post a second draft later in the summer. The final W-4 version will be released by the end of the year in time for the 2020 tax year.

Once it arrives, you’ll probably need the following information on hand, says Kathy Pickering, executive director of H&R Block’s Tax Institute. That may mean lugging in past 1099 forms, paystubs or last year’s tax returns to fill it out correctly.

  • Your filing status
  • Number of dependents
  • Information about your itemized deductions such as home mortgage interest, state and local taxes, and charitable deductions
  • Earnings from all jobs
  • Information about nonwage income such as business income, dividends, and interest.

“If you’re married, and both you and your spouse work, it will also be helpful to know information about your spouse’s income,” she says.

You may also need to fill out a new state income withholding form. Many states use the current W-4 for withholding, but they may need to release their own forms, too.

Freaking Out Over Dropping Oil Prices

Freaking Out Over Dropping Oil Prices

 

Many years ago I saw a TV episode of “The Jefferson’s” program where George the main character had died, but 20 years later he got to come back as a ghost so he checked in on his family. The one other part of the program I remember was a little girl coming into the room and she asked her dad for five dollars so that she could get and ice cream and her dad said “only five dollars”? That line was put into the program for the laugh factor yet those words ring with and obvious truth of the deflation of our own dollar. At the time of this program you could get and ice cream for about 75 cents, now days quite a few of the treats cost between $2.75-3.50, the joke is on ourselves. Fake money, that which we strive and die for all of our lives. When your Pepsi cost $5.00 and your burger cost $15.00 what good is a $8.00 per hour job? Twenty years from now when we are maybe making $18.00 to $20.00 per hour and a Pepsi is $15 and a burger is $30 how do people survive the real costs of living?

 

I have believed for a long time now that Deflation is absolutely required within the worlds most industrialized nations which of course includes us here in the U.S.. I believe that the biggest inflation maker in our nation is generated from the very base level of Government, the local level Politicians. These Politicians are the ones who are always needing more revenue and the local home owner is the venue of which they suck from. About 20 or so odd years ago I heard part of and interview of Tom Jones with a lady commentator, I think it was Ms Walters but I’m not positive of that. Mr Jones spoke of the home that he and his wife had lived in for twenty years, he said he paid one million for it twenty years ago but now this same house is now worth ten millions so says the tax collector. Taxes go up, people have to make more money to pay these taxes or one of many different Government agency’s will take “your property” from you. When the prices of houses keep going up it makes it where the majority of people don’t believe they will ever have and actual house of their own. I believe that one of the necessary steps Our Government should do when they are gathering data on everything that breathes and many that don’t is to get rid of the Out Liars and the liars.

 

Deflation is and absolute requirement that at some point we as a nation will have to live through. Is the dropping oil costs the trigger that topples the phony houses of the .01% who reap fortunes on the bones of those they have crushed beneath them on their unending desire to always have more? If We The People want a more truthful stat on things like average wages or the value of houses in our area I believe the stats people need to always get rid of the Out liars. I believe we would get a better state of the Nation figures if for example on value of houses if the top 10% and the bottom 10% were taken out of the equation you will get more truthful results. I’m not saying that these people don’t count they do, every one of them count. But we need more truthful numbers if we want to know what the true state of the Union is, we need to get rid of all the obvious Out liars. When the price of a nation’s fuel is dropping it should be a great thing for business and the people of that nation. Instead the stock market is stumbling because of it. When people lose their jobs the value of the company goes up just like with mergers, then their stock value goes up. Things are backwards in our society folks, deflation of the housing and vehicle markets (as examples) are necessary otherwise the world we are leaving our children will be where they can’t afford toilet paper. The cost of absolutely everything must reach a stage where it’s cost quits going up. If I make $100 per hour but my Pepsi cost $50 and my cheese burger is $90 what good is the $100 per hour? This balloon has got to pop at sometime in the future, is it now? The world oil glut is getting harder to hide, is this the fire cracker that pops the balloon?

 

Republican Tax Plan Is Designed To Raise Working Class Peoples Taxes?

(I GOT THIS LITTLE ARTICLE FROM A GOOD FRIEND OF MINE ON FACEBOOK AND HE GOT IT FROM THE NEWS GROUP ‘LIBERAL EXAMINER’)

 

John Harvey shared Liberal Examiner‘s post.

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The Unneeded Poor WILL BE Exterminated

The Unneeded Poor WILL BE Exterminated

 

In this article today I am going to write it as a proverbial ‘Devils Advocate’. What I mean by this is that this is not something that I want to happen yet I am making the argument to you that it is very much a possible reality as the human race continues to degenerate.

 

When it comes to politics I am an ‘Independent’, neither a Democrat nor a Republican. I believe that both of those major parties are about as crooked at the top levels as they can find a way to be. When you are a person like Hillary or Bill Clinton or a Trump or a Bush I believe that they have proven themselves to be the type of people who will do anything to win or to enrich themselves. In the past day or so thousands of documents dubbed the ‘Paradise Papers’ have surfaced showing how the super wealthy cheat their country and their people out of tax revenues. Last year the same type thing happened with the ‘Panama Papers.’ These documents show that not only are many of the ‘super wealthy’ cheating on their taxes, they also show how intertwined they are with world leaders, government officials, and the super huge global companies as they all seek to scratch each other’s backs in their efforts to get even richer.

 

Back in the mid-1970’s you used to hear people talking on the radio and TV how with the ‘new technologies’ how people were only going to be only having to work 4 day weeks because the machines will allow us to get as much done in 4 days as was currently being done in the 5 day work week. How foolish these ‘talking heads’ were. If you are the employer why would you give up the chance to make an extra 20% each week by giving your employees an extra day off? Especially if your company is on the Stock Exchange, your stockholders would quickly replace you. The business world, especially those on the Stock Exchange are only concerned about one thing, higher profits. If you have ever paid any attention at all to the stock market, you should have noticed how little these people think of the people who are actually making the products. When two companies merge the value of the stock goes up. Why, because the next thing that will happen is the new Board of Directors will be getting rid of many ‘unneeded’ employees. Doing this means that the company will take those wages as pure profit, increasing the value of its stock. When a company decides to get rid of employees, the stock value goes up. When a company breaks a Union, the stock value goes up. During these events, you should also have seen that the Board of Directors salaries and bonuses go up. When a company moves their production factories to a ‘third world’ country where they can fire all of their American workers and get child slave labor to do all the production, stock values, and executive compensation goes up.

 

The world as you know has a population growth that is unsustainable yet at this same time machines and robots (AI) are taking more and more jobs away from workers. From a business standpoint, having machines replace human workers is a very wise thing to do, and it increases your stock value and the bosses salaries and compensation. If they invest in machines they can get rid of the overhead cost of having human employees. Think about it, no more salaries to pay, no benefit packages to pay like Workers Comp, vacation pay, health insurance, retirement benefits, paid sick days, you can’t be sued by a computer, no OSHA regulations to adhere to. Folks, the list goes on and on.

 

Our planet has about seven billion people on it right now, look at the slave labor around the world right now, from Africa to Asia to the Middle-East and yes, here in the U.S. also. Is slave labor legal in a lot of these countries? No, but it still goes on. You may say why, why does it still go on but the answer is simple, pay as little for the labor as possible to increase the profits at the top and to the stockholders. You may say now wait a moment, slaves don’t cost anything but this is not totally true. Slaves still have to get some food and some water or they will die or become too weak to do the work. The more slaves you have in the ‘waiting room’ the less you have to supply to each one each day. Why, because it is in your financial best interest if all of the ‘extras’ die. If the ‘extras’ aren’t dying fast enough on their own, you assist them.

 

If the Earth has seven billion people but can only sustain six billion people because there is no way to produce enough food, what happens to the extra billion people? Who do you think are going to be the ones that are starved to death? Hint, it is not going to be the super rich who basically own everything, it will be the poorest of the poor who will be eliminated. During the early Republican Primaries last year a former ‘Speaker of the House’ Newt Gingrich spelled out the perfect Republican ‘wish list.’ As you probably know the majority of the Republicans in the Congress and the Senate, and this President wants to cut the national deficit by cutting programs like food stamps to the poor and cutting way back on Medicare, Medicaid, meals on wheels, school lunch programs and Social Security. Folks, who need these programs the most? Mr. Gingrich in a TV program last year went even further. Mr. Gingrich consider all of these programs to be ‘welfare’, yet he went further, he called military retirement pay, VA disability compensation and the VA itself ‘welfare’ programs and he said that all of these ‘Welfare’ programs need to be eliminated. There was one thing that he did not include in his list of welfare programs, that was Congressional, Senate, and Presidential retirement pay and benefits, go figure. He has been receiving taxpayer-paid benefits for decades, but I guess that doesn’t count.

 

Back in the 1950’s the top end national tax rate was 90%, during that time the U.S. was able to build city infrastructures, a National Highway program unequaled in the whole world as well as thousands of new bridges and dams. Now, our roads, bridges, dams, and cities are falling apart, why is this? Now the top end tax rate has been 35% and the President is pushing a top end tax rate of 20%. This is at the same time that corporations are swimming in cash and as they say, with nowhere to spend it. About six months ago, I think it was on CNN, that they reported that U.S. companies have about 13 Trillion Dollars sitting in offshore accounts. So, what do these Republican lawmakers want to do, take even more money out of the economy and give it to these same folks who are destroying our country from the inside? It is also these same benefactors who are filling the pockets of these same evil politicians.

 

Back in the late 1940’s and early 1950’s in China Chairman Mao put a starvation policy in place against the citizens of China. The reason was simple, 500 million people are easier to control than one billion people. Folks, these are just things that I have seen, heard, and read throughout my 60+ years. You don’t have to agree with anything that I have written in this article today, but I hope that I have been able to at least get you to think about these issues.

 

 

 

 

 

I Hope I Am Wrong, But Here Is What President Trump Is Going To Do ‘To’ The Working Class Americans

 

I hope that I am wrong about this belief but I am writing this article, this note, to you today because I don’t think I am wrong. So that you won’t go off on the wrong thought direction I will tell you that I voted for Gary Johnson in the Presidential election last month. I am a registered Independent but that is not the reason I voted for Mr. Johnson. I voted for him because I knew he would not win, you see I just couldn’t get myself to vote for Mr. Trump or Mrs. Clinton. To me, both of those folks just had too much negative baggage about them in regards to what I believed they would bring to the Presidency for me to be able to vote for them. Mrs. Clinton had a track record of negatives while working in D.C., Mr. Trump had a lot of bad baggage but we the people could at least hope that everything coming out of his mouth wasn’t a lie. Now both of these candidates had some good ideas as does each of their Parties, but they also have some huge negatives.

 

With Mr. Trump after he won the election what I have been looking toward was whom were the people he was going to put into his Cabinet. We now know exactly where Mr. Trump’s mindset is as far as his campaign rhetoric about “making America great again.” Mr. Trump chose a Congressman from South Carolina to oversee the National Budget and how the Government’s  revenues will be spent. He just like the Republican Leadership in the House and the Senate are against Mr. Trump’s plan to rebuild the Nation’s infrastructure which has a preliminary estimate price tag of one trillion dollars. From being an over the road truck driver for thirty plus years I know first hand that this has been needed to be done for at least the past thirty years, of that I have no doubt. His new budget man though says no to this program, unless the Federal Government cuts a trillion dollars in ‘waste’ that it is now spending. The issue though is that to the Republicans ‘waste’ is things like the food stamp program, Social Security retirement and disability programs, Military retirement and VA disability programs, I believe you get the idea. Yet, you know that there is something that I have never once heard these Congressmen, Senators, or former Presidents talk about cutting and that is their lavish ‘amenities’ they are getting right now, or the lavish retirement packages they get when they retire or are voted out of office. Back when “war hero” George H.W.Bush was President he tried to turn over all of the Nation’s road systems to the States so that they could make every road in America a “toll” road. He wanted to do this to lessen the burden on the Federal Government. This has always puzzled me since the Federal Government receives billions of dollars in road use fuel taxes, I have always wondered where all those billions go every year since they are not being spent on the roads and bridges. Yet the biggest “show” of his support for wounded American Veterans was that while he was in Office he tried to save money by cutting the cost of the VA. The issue is, that he wanted to make it to where for a Service Connected Veteran to be able to get care at the VA they had to be a minimum of %50 Service Connected, wait for it, he also was trying to get it to where for a wounded Veteran to get %50 they had to be at the very least a quadriplegic (no working arms or legs). Sorry about being sidetracked there, it just disgusts me how pathetic these pariah can be.

 

Now, back to our current President Elect, Mr. Trump. Mr. Trump has made it no secret that he believes that the Federal minimum wage is too high. This is the reason why he has had and is having everything with his name on it, not counting buildings obviously, he has made in ‘offshore’ countries where slave wages are the norm. Plus these countries do not have the EPA regulations for their companies to worry about. The reality is the richer the people the less they give a flip about the poorest of the poor, it is always all about how much profit they can put into their own pocket. Besides, there are billions of dirt poor starving people, why should they care if billions of them die? You will know that in public statements they will say they do, but in the closed-door boardrooms of these international companies, do you really believe that is their opinion there? Think about it, as soon as a company that is on the open market boards says they are laying off workers, their stock values go up at once. When a company on the Stock Market says they are closing a factory in the U.S. and moving it to Mexico, Honduras, or China, the value of their stock goes up. Even the soon to be ‘First Daughter’ learned this from her Daddy, look at where her products are all made, hint, it’s not in the U.S..

 

Mr. Trump says that he is going to cut the Corporate tax rate from its current %35 to %15 to help stimulate companies profits. He also says he is going to punish companies that move their jobs ‘offshore’ by putting a huge tariff like %35 on all the products they then try to bring back into the States to sell here. As an Independent, I do not have a problem with either of these programs, I believe that Companies need to be strong financially for them to expand and to create new jobs. My issue is that Mr. Trump is very anti-Union and he is in favor of lowering the minimum wage. So, if his policies are designed to cut the welfare programs and put people back to work, are these jobs really actually going to pay a livable wage? Remember, Mr. Trump thinks that the folks at Carrier in Indianapolis are losing their jobs because they are making too much money and that Carrier was needing to move their factories to Mexico because of cheaper wages and benefits there. Mr. Trump has also told the workers in the American Auto Industry that they are making too much money that they need to take pay cuts. Mr. Trump talks about how a former steelworker who lost their job because of unfair labor laws in China and is now flipping burgers knows about the good jobs disappearing here in America. Well, my question to Mr. Trump is if you help bring back the steelworkers job to America but he has to work for 6 or 7 dollars per hour with no benefits, no overtime pay and no OSHA or EPA regulations to help keep them safe and alive how are they any better off than flipping burgers for at McDonald’s or working a register at Wal-Mart?

 

I know this is not going to happen, but here is a solution to some semblance of income equality. Right now there is no cap on how much the top end of a company’s executives can earn, the limits are only on the working class and those limits are put into place by the top end. So, Congress should pass a federal law where there can not be more than a 100 times income difference law on all companies and this would have to include total packages, stocks, bonds, benefits, insurances ect. This is where whatever the lowest paid person in the company makes, no one in the company can make more than 100 times that amount. As I said, it will never happen because it is those same top end folks that bribe the Congressmen and Senators to make sure that it never happens. This is a humanity issue, yes it is an income equality issue also, but for any Country to survive then there must be a vibrant middle class and a system where the lowest end of the financial scale has an honest chance to work their way up into that middle class. If we do not correct the current trends of only the wealthiest being able to afford a humane life style we are seeing the signs now where America is going to fall apart from the inside. By the choices Mr. Trump is making for his Cabinet I don’t believe he gives a flip about the American working class, his picks are showing that he only cares about the top 1/10 of 1%. I believe that to put it in layman’s terms, for the next two years there may begin to be more jobs but they are not likely to be livable wage jobs. The reason I said two years is because if I am correct and this is what happens, in two years the Republicans will lose the House and the Senate and in four years Mr. Trump will go back to his vacation.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Is China’s Economic Policy A Copy Of Wal-Mart’s Economic Policy?

 

When I was in college a decade ago I learned that in the U.S. that Wal-Mart, (Sam’s Club) (Lowe’s) (Walton family) had one dollar out of every nine dollars going through their hands each year according to the GDP. This is great if you are a person that holds a whole bunch of Wal-Mart stock, or is it? That would depend on if you are a person who loves this country, or if you are a person whom does not. I learned back in the mid and late 1980’s that the Wal-Mart slogan of them only selling American made products was a total lie. Back then I drove a truck for a living and when trucks going into the docks of North New Jersey to pick up loads going to Wal-Mart Distribution Centers it was a normal thing that the material we were to pick up would be staged on the docks waiting to be put onto the trailers yet we would have to wait for several hours to get it loaded. The reason was that the dock employees first had to remove all of the stickers saying where the products originated, like China, and then put on stickers saying “made in the U.S.A..” In my opinion Wal-Mart grew the way it did through lies, deceptive marketing, and fraud.

 

I really liked radio commentator Paul Harvey a lot, I really liked listening to his stories, the only trouble I had with him was that he was very naive. He used to talk about how we couldn’t have a better neighbor than when your community got a Wal-Mart store in their town. We the people and the small business people of these towns knew better. When a Wal-Mart store moved into a town pretty much all of the small store and all of the ‘Mom and Pop’ store quickly got put out of business. When this happened then the town’s people pretty much ended up having to shop at that Wal-Mart store or travel long distances to places that didn’t yet have one. Do you remember how it used to be a normal thing for a new Wal-Mart store to be built across the street from a K-Mart store and how then most of those K-Mart stores went out of business? Wal-Mart did finally quit the lies about only buying made in America products as we the people learned that we were buying items laced with poisons, they didn’t have American companies to blame it on, they had to come clean to the public about where the products really came from. In most cases it was coming from China. This poison was in may things, like baby food, pet food, and the pain on children’s toys. Many other U.S. companies are guilty of these actions as it is they whom closed their factories here in the States and Canada so that they could reap higher profit margins by using the much cheaper labor markets in Asian countries like China. If you noticed when a company moved their factories to a cheap labor market when those products showed up on store shelves here in America the prices did not go down for the consumers. The game is all about profit margins.

 

As companies here in North America put our workers on the unemployment lines destroying our own country, China started to boom. Wal-Mart had multiple half a billion dollar cargo ships (made in China) built that are too large to go through either the Panama Canal or the Suez Canal. These ships were built to sail from China to the west coast ports of North America. For Wal-Mart it is a win-win situation as they do not have to pay other companies to haul their freight for them. Just like they are phasing out their own truck drivers and started contracts with the lowest bidders, it is about maximum profits, period. Folks, when we buy products that are made in China we are putting money into the Chinese coffers and raising our dept to them. How much longer will it be until the Chinese Government calls in the loan on the 13 trillion dollars we owe them? How much longer will the dollar be the world standard-bearer? How much longer until the world currency is China’s Yuan (Renminbi (RMB))? Have you ever went around your local stores and checked where the products were made? Is it any wonder that now the U.S.Congress is trying to pass a bill making it where the people aren’t even allowed to know where the meat they buy comes from? Wal-Mart years ago got rid of the grocery packers forcing the customers to load their own groceries. Then they started putting in self checkout isles for the purpose of getting rid of the register checker employees. Last evening on the news I heard where they are now going to be replacing almost all of their office people with computers and robotics. If you have no employees you have higher profits, not lower priced products!

It is no wonder to me that as the U.S. is declining and that China’s military power along with their Leaders arrogance is increasing. Yesterday in China at the G-20 conference did you see how disgracefully and how arrogantly our President and his personnel were treated by the Chinese Government and their Officials? President Obama and those with him were treated as enemies, not as trading partners or as friends or even as someone they hoped to have as a friend someday. Yesterday the Chinese Government, (and you know damn well that their President Mr. Xi Jinping okay-ed those actions, they treated our President and the people of our Country as though He (President Obama and Us) did not deserve any courteousness. Yesterday the Chinese Government basically took a piss in the face of our President and our Nation!

 

Folks, every time you or I buy an object here in the U.S. (OR ANY PLACE THAT IS NOT IN CHINA) we are putting bullets in their guns that they will use against the U.S. and against the rest of the world. For years their policy has been to make things for the foreign markets as cheaply as possible. The ideology is simple, play on the greed of the people and companies in the open world markets. This gives work and wages to their own people while taking jobs away from other countries, closing up their factories and their industrial center capabilities. This also takes tax revenues away from other Nations making it impossible for other countries to afford to buy or build weapon systems even for self-defense. Just like with Wal-Mart ideology of putting everyone else out of business so that they rule where people can buy any product and what that price it is allowed to be, China is using that same philosophy. Pretty soon China will enforce its domain over the South China Sea and they will give Taiwan the option of surrender or be blockaded from all outside trade and revenue. They will do this as Russia weakens NATO’s resolve to their west, just like Turkey (a NATO country) is dividing NATO via courting Russia, the EU, and the U.S. concerning the Kurdish people. How many fronts are the people of the U.S. willing to go to war with? Russia believes they can break NATO and China believes that the U.S. does not have the will to go to war with them. As China makes the U.S. weaker economically, they believe they make the will of our people to go to war weaker. Unfortunately I believe that these actions will come about in less than one decade. Wal-Mart has used China well, or, is it that China has used Wal-Mart well?

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