Robert Federer

cnn.com
One year into the FBI's Russia investigation, Mueller is on the Trump money trail
Federal investigators exploring whether Donald Trump's campaign colluded with Russian spies have seized on Trump and his associates' financial ties to Russia as one of the most fertile avenues for moving their probe forward, according to people familiar with the investigation.
By Evan Perez, Pamela Brown and Shimon Prokupecz, CNN

There’s a hidden gem buried in this general analysis:

“Investigators became more suspicious when they turned up intercepted communications that US intelligence agencies collected among suspected Russian operatives discussing their efforts to work with Manafort, who served as campaign chairman for three months, to coordinate information that could damage Hillary Clinton’s election prospects, the US officials say. The suspected operatives relayed what they claimed were conversations with Manafort, encouraging help from the Russians.”

That’s right. The FBI apparently has actual recordings of Russian agents confirming that Trump’s campaign advisor, Paul Manafort, actively sought Russia’s help against Trump’s opponent, Hillary Clinton.

But that’s not collusion, of course. Just more fake news.

nytimes.com
Mueller Seeks White House Documents Related to Trump’s Actions as President
Robert S. Mueller III, the special counsel, is interested in Mr. Trump’s firing of his F.B.I. director and national security adviser and other events.
By Michael S. Schmidt

Special counsel Robert Mueller has sent the White House 13 separate requests for documents:

  • Three requests focus on Trump’s firing of former FBI director James Comey.
  • One request is about Trump’s closed-door meeting in the Oval Office with then-Russian ambassador Sergey Kislyak and other Russian officials, in which Trump bragged that firing Comey had relieved “great pressure” on him.
  • Four requests are related to Trump’s former national security advisor, Michael Flynn. One of these specifically seeks documents showing “how the White House responded to concerns raised by the Justice Department that Mr. Flynn might be subject to Russian blackmail.”
  • One request asks about the June 2016 meeting at Trump Tower, which Donald Trump Jr. set up in order to get derogatory information from Russians about Hillary Clinton. Another specifically asks about the statement that Trump personally dictated on Air Force One, claiming the meeting was solely about Russian adoptions.
  • Other requests seek internal communications about numerous former campaign officials–including Paul J. Manafort, the former campaign chairman who is now under federal investigation–and about Trump’s campaign foreign policy team: Carter Page, J. D. Gordon, Keith Kellogg, George Papadopoulos, Walid Phares and Joseph E. Schmitz.

Remember when James Comey infuriated Trump by not complying with his demand to announce publicly that Trump himself wasn’t under investigation? And remember when Comey explained he was concerned it would create a “duty to correct” if that changed?

I think we can safely say Trump himself is now under investigation.

4

FBI Special Agents and Local Law Enforcement valiantly displayed unfathomable restraint with the emotionally disturbed ideological extremists in Oregon.

The siege at Malheur will surely go down in history as one of the most well executed Law Enforcement operations of its era.

“The president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.” - Robert Fogel was an American economic historian and scientist, and winner of the 1993 Nobel Memorial Prize in Economic Sciences.

Why the Lousy Jobs Report Boosted Wall Street

The stock market surged yesterday after the lousy jobs report. The Dow soared 160 points Friday, while the S&P 500, and Nasdaq also rose.

How can bad news on Main Street (only 113,000 jobs were created in January, on top of a meager 74,000 in December) cause good news on Wall Street?

Because investors assume:

(1) The Fed will now continue to keep interest rates low. Yes, it has announced its intention of tapering off its so-called “quantitative easing” by buying fewer long-term bonds in the months ahead. But it will likely slow down the tapering. Instead of going down to $55 billion a month of bond-buying by April, it will stay at around $60 billion to $70 billion.

(2) The slowdown in the Fed’s tapering will continue to make buying shares of stock a better deal than buying bonds – thereby pushing investors toward the stock market.

(3) Continued low interest rates will also continue to make it profitable for big investors (including corporations) to borrow money to buy back their own shares of stock, thereby pushing up their values. Apple and other companies that used to spend their spare cash and whatever they could borrow on new inventions are now focusing on short-term stock performance.

(4) With the job situation so poor, most workers will be so desperate to keep their jobs, or land one, that they will work for even less. This will keep profits high, make balance sheets look good, fuel higher stock prices.

But what’s bad for Main Street and good for Wall Street in the short term is bad for both in the long term. The American economy is at a crawl. Median household incomes are dropping. The American middle class doesn’t have the purchasing power to keep the economy going. And as companies focus ever more on short-term share prices at the expense of long-term growth, we’re in for years of sluggish performance.

When, if ever, will Wall Street learn?

10

Today in Black History: August 9th, 2014

  • On this day in 1995, It was declared as International Day of the World’s Indigenous People. The International Day of the World’s Indigenous Peoples is observed on August 9 each year to promote and protect the rights of the world’s indigenous population. This event also recognizes the achievements and contributions that indigenous people make to improve world issues such as environmental protection. It was first pronounced by the General Assembly of the United Nations in December 1994, marking the day of the first meeting of the UN Working Group on Indigenous Populations of the Subcommission on the Promotion and Protection of Human Rights, in 1982.

  • On this day in 1987, Beatrice Foods is acquired by Reginald Lewis. Beatrice Foods is acquired by Reginald Lewis. It is the largest business acquisition ever by an African American. 

  • On this day in 1975, Julian Adderly died. Julian Edwin “Cannonball” Adderley was a jazz alto saxophonist of the hard bop era of the 1950s and 1960s. Adderley is remembered for his 1966 single “Mercy Mercy Mercy”, a crossover hit on the pop charts, and for his work with trumpeter Miles Davis, including on the epochal album Kind of Blue (1959). He was the brother of jazz cornetist Nat Adderley, a longtime member of his band.

  • On this day in 1963, Whitney Houston was born. Whitney Elizabeth Houston was an American singer, actress, producer, and model. In 2009, Guinness World Records cited her as the most awarded female act of all time. Houston was one of the world’s best-selling music artists, having sold over 200 million records worldwide. She released six studio albums, one holiday album and three movie soundtrack albums, all of which have diamond, multi-platinum, platinum or gold certification. Houston’s crossover appeal on the popular music charts, as well as her prominence on MTV, starting with her video for “How Will I Know”, influenced several African American women artists who follow in her footsteps.
    Houston is the only artist to chart seven consecutive No. 1 Billboard Hot 100 hits. She is the second artist behind Elton John and the only woman to have two number-one Billboard 200 Album awards (formerly “Top Pop Albums”) on the Billboard magazine year-end charts. Houston’s 1985 debut album Whitney Houston became the best-selling debut album by a woman in history.[9] Rolling Stone named it the best album of 1986, and ranked it at number 254 on the magazine’s list of the 500 Greatest Albums of All Time.Her second studio album Whitney (1987) became the first album by a woman to debut at number one on the Billboard 200 albums chart.
    Houston’s first acting role was as the star of the feature film The Bodyguard (1992). The film’s original soundtrack won the 1994 Grammy Award for Album of the Year. Its lead single “I Will Always Love You”, became the best-selling single by a woman in music history. With the album, Houston became the first act (solo or group, male or female) to sell more than a million copies of an album within a single week period under Nielsen SoundScan system. The album makes her the top female act in the top 10 list of the best-selling albums of all time, at number four. Houston continued to star in movies and contribute to their soundtracks, including the films Waiting to Exhale (1995) and The Preacher’s Wife (1996). The Preacher’s Wife soundtrack became the best-selling gospel album in history.

  • On this day in 1961, James B. Parsons became the first Black person to be appointed to the Federal District Court in the continental United States. On August 9, 1961, Parsons was nominated by President John F. Kennedy to a seat on the United States District Court for the Northern District of Illinois vacated by Judge Philip L. Sullivan. Parsons was confirmed by the United States Senate on August 30, 1961, and received his commission the same day. He was the first black person given the prestigious appointment to the Federal bench, which under Article III is a life term.In 1974, author Joseph Goulden wrote a book about Federal judges called The Benchwarmers that was very critical of Parsons. Goulden claimed that a poll of Chicago lawyers revealed that only 15% had a favorable opinion of the judge. Goulden also claimed that Parsons had sat on the bench while drunk and that an overwhelming number of lawyers complained that he was unable to understand the issues in complex cases. Nevertheless, Parsons served as chief judge from 1975 to 1981, assuming senior status on August 30, 1981. Parsons served in that capacity until his death, in 1993, in Chicago.

  • On this day in 1960, the Race Riot happened in Jacksonville, Florida. Because of its high visibility and patronage, the Hemming Park and surrounding stores were the site of numerous civil rights demonstrations in the 1960s. Black Sit-ins began on August 13, 1960 when students asked to be served at the segregated lunch counter at Woolworths, Morrison’s Cafeteria and other eateries. They were denied service and kicked, spit at and addressed with racial slurs. This came to a head on “Ax Handle Saturday”, August 27, 1960. A group of 200 middle aged and older white men (allegedly some were also members of the Ku Klux Klan) gathered in Hemming Park armed with baseball bats and ax handles. They attacked the protesters conducting sit-ins. The violence spread, and the white mob started attacking all African-Americans in sight. Rumors were rampant on both sides that the unrest was spreading around the county (in reality, the violence stayed in relatively the same location, and did not spill over into the mostly-white, upper-class Cedar Hills neighborhood, for example). A black street gang called the “Boomerangs” attempted to protect the demonstrators. Police, who had not intervened when the protesters were attacked, now became involved, arresting members of the Boomerangs and other black residents who attempted to stop the beatings.
  • Nat Glover, who worked in Jacksonville law enforcement for 37 years, including eight years as Sheriff of Jacksonville, recalled stumbling into the riot. Glover said he ran to the police, expecting them to arrest the thugs, but was told to leave town or risk being killed.
    Several whites had joined the black protesters on that day. Richard Charles Parker, a 25-year old student attending Florida State University was among them. White protesters were the object of particular dislike by racists, so when the fracas began, Parker was hustled out of the area for his own protection. The police had been watching him and arrested him as an instigator, charging him with vagrancy, disorderly conduct and inciting a riot. After Parker stated that he was proud to be a member of the NAACP, Judge John Santora sentenced him to 90 days in jail. Jacksonville remained as two cities, one white and one black well into the 1970s and beyond. Throughout this time there remained a “Colored Town” section that was almost exclusively Black with its own businesses, professional offices, restaurants, theaters and was a near photo-negative reflection of the nearly all-white downtown area. Ghettos and shacks could be seen below the highways into the 1970s and beyond.
  • On this day in 1948, "I Was a Negro in the South for 30 Days" published .The series, written by Ray Sprigle (who was actually a white reporter), describes his experiences while disguised as a black man within the ‘Jim Crow ruled’ South. The articles formed the basis of Sprigle’s 1949 book In the Land of Jim Crow
  • On this day in 1936, Jesse Owens wins four gold medals in the Berlin Olympics.James Cleveland “Jesse” Owens was an American track and field athlete and four-time Olympic gold medalist.
    Owens specialized in the sprints and the long jump and was recognized in his lifetime as “perhaps the greatest and most famous athlete in track and field history”. His achievement of setting three world records and tying another in less than an hour at the 1935 Big Ten track meet has been called “the greatest 45 minutes ever in sport” and has never been equaled. At the 1936 Summer Olympics in Berlin, Germany, Owens won international fame with four gold medals: 100 meters, 200 meters, long jump, and 4x100 meter relay. He was the most successful athlete at the games and as such has been credited with “single-handedly crush[ing] Hitler’s myth of Aryan supremacy.”

  • On this day in 1905, Robert N.C. Nix  was born. Robert Nelson Cornelius Nix, Sr. was the first African American to represent Pennsylvania in the House of Representatives. The Robert N.C. Nix Federal Building in Philadelphia, Pennsylvania is named in his honor.In 1958, he defeated two opponents in a special election to fill a congressional vacancy left by Earl Chudoff in the House of Representatives. An elected official who rarely wanted or attracted widespread publicity, he supported mostly liberal legislation. He was reelected 10 times. He worked for the passage of the landmark legislation promoting the American Civil Rights Movement and privately sought to prevent the House from denying Rep. Adam Clayton Powell his seat in 1967. In 1975, he introduced an amendment to the Foreign Military Sales Act requiring the Defense Department to provide the U.S. Congress with information on identities of agents who negotiate arms sales for American firms

(Oh and I added a full page for these facts. They're on my blog if you're wanting to see other facts from February or whatever falls under that hashtag. Enjoy ^_^)