131
   

monitoring Trump and relevant contemporary events

 
 
hightor
 
  5  
Reply Thu 11 Oct, 2018 05:40 am
Trump and the Failure of the American Tax System
Quote:
The recent exposé in this newspaper about the Trump family finances shines a light on the ways in which the wealthiest Americans can avoid estate and gift taxes on the transfer of assets to their children. While many of the Trump family schemes described in the report were clearly outside of the law, a disturbing number exemplify commonly used techniques.

This would not be as troubling if the richest Americans paid more income taxes. But most of the wealth they acquire is not taxed as income. This situation — generous exclusions from income taxes combined with easy evasion of estate and gift taxes — has given the wealthiest a free pass on the costs of running the country.

To see how the ultrarich acquire their wealth, look at the Forbes 400, an annual listing of the wealthiest Americans. This year an individual needed to have more than $2 billion to be included, and together the Fortune 400 group controls over $3 trillion. This enormous wealth was generally acquired in one of two ways: through inheritance or by building or investing in a successful business.

(...)

In the early 1990s, 18 super-wealthy families (including the DeVos, Koch and Walton families) invested $500 million in lobbying efforts to undermine the estate tax. Their results have been impressive. In 1990 the estate tax applied to all estates in excess of $600,000 and the tax rates were as high as 55 percent. Today the tax applies only to individuals with assets greater than $11 million ($22 million for a couple) and the top tax rate has been reduced to 40 percent.

NYT
0 Replies
 
revelette1
 
  3  
Reply Thu 11 Oct, 2018 07:13 am
@izzythepush,
Why stocks are suddenly plunging
izzythepush
 
  2  
Reply Thu 11 Oct, 2018 07:49 am
Quote:
Some of the most cutting-edge weapons in the US's military arsenal can be "easily hacked" using "basic tools", a government report has concluded.

The Government Accountability Office (GAO) found "mission-critical" cyber-vulnerabilities in nearly all weapons systems tested between 2012 and 2017.

That includes the newest F-35 jet as well as missile systems.

Pentagon officials had no immediate response to the 50-page report from the Senate Armed Services Committee.

The committee's members expressed concerns about how protected weapon systems were against cyber-attacks.

The report's main findings were:

the Pentagon did not change the default passwords on multiple weapons systems - and one changed password was guessed in nine seconds

a team appointed by the GAO was able to easily gain control of one weapons system and watch in real time as the operators responded to the hackers

it took another two-person team only one hour to gain initial access to a weapons system and one day to gain full control

many of the test teams were able to copy, change or delete system data with one team downloading 100 gigabytes of information

The GAO added that the Pentagon "does not know the full scale of its weapons system vulnerabilities".

Ken Munro, an expert at security firm Pen Test Partners, said he was "not at all surprised" by the findings.

"It takes a long time to develop a weapons system, often based on iterations of much older systems. As a result, the components and software can be based on very old, vulnerable code.

"Developers often overlook 'hardening' the security of systems after they've got them operating, with the philosophy, 'it's working, so don't mess with it'.

"However, that's no excuse. This report shows some very basic security flaws that could easily have been addressed by changing passwords and keeping software up-to-date."


https://www.bbc.co.uk/news/technology-45823180
0 Replies
 
hightor
 
  5  
Reply Thu 11 Oct, 2018 08:45 am
@revelette1,
Are we heading for a Trump Slump?

Heating up an already hot economy with tax cuts and deficit spending — lots of economists warned this would happen.

Picking stupid fights with trading partners and insisting on coming out "on top" instead of negotiating to achieve benefits for both sides — lots of economists saw this as a dangerous ploy that could backfire on the USA and send the world economy into a tailspin.

But there is a silver lining — another deep recession will cut CO2 emissions, just as it did in '08. Assuming we avoid going to war.

coldjoint
 
  -4  
Reply Thu 11 Oct, 2018 09:10 am
@hightor,
Quote:
Are we heading for a Trump Slump?

I guess you do not understand that rising interest rates on bonds cause volatility in the market. Much easier to blame it on Trump than looking at the real reasons.
coldjoint
 
  -3  
Reply Thu 11 Oct, 2018 09:20 am
Learn something about the Feminist movement and Ford.
0 Replies
 
hightor
 
  7  
Reply Thu 11 Oct, 2018 09:46 am
@coldjoint,
Quote:

I guess you do not understand that rising interest rates on bonds cause volatility in the market.

I guess you do not understand that rising interest rates on bonds are the result of inflationary pressures caused by tax cuts and deficit spending. So Trump's policies bear responsibility for the situation we are now confronted with.
InfraBlue
 
  5  
Reply Thu 11 Oct, 2018 10:00 am
@coldjoint,
In your first link Khamenei tweets about the "barbaric, wolflike & infanticidal regime of #Israel which spares no crime" having "no cure but to be annihilated." The reference is to the regime of Israel, not Israel itself.

Aside from the headline and subheading, your second link doesn't quote the Ayatollah saying, "kill all Jews," or saying that Iran wants all Jews dead at all.
coldjoint
 
  -4  
Reply Thu 11 Oct, 2018 10:04 am
@hightor,
Quote:
Trump's policies bear responsibility for the situation we are now confronted with.

I do understand that if anything bad can be said about Trump it will be said and repeated endlessly.
Quote:
The Dow's 31% gain during Trump's first year is the best since FDR


Quote:

The 30-stock index has surged more than 31 percent since Trump's inauguration.
That marks the index's best performance during the first year of a president since Franklin Roosevelt.
"You've got lower taxes, less regulation and confidence in the economy is high," said one investor.
The S&P 500 has surged 23 percent during Trump's first year in office.

31% compared to the 3% lost yesterday. Investors have already cashed in and they will again.
https://www.cnbc.com/2018/01/18/the-dows-31-percent-gain-during-trumps-first-year-is-the-best-since-fdr.html

coldjoint
 
  -3  
Reply Thu 11 Oct, 2018 10:07 am
@InfraBlue,
Quote:
Aside from the headline and subheading, your second link doesn't quote the Ayatollah saying, "kill all Jews," or saying that Iran wants all Jews dead at all.

You are quite the desperate apologist. The Koran says to kill all Jews. That goes for Shiites and Sunnis. You need to learn something about Islam, Israel and its leaders know.
Walter Hinteler
 
  3  
Reply Thu 11 Oct, 2018 10:10 am
@InfraBlue,
Quote:
https://i.imgur.com/AnOkNJVl.jpg

Source: https://www.brettkavanaugh.com/
0 Replies
 
ehBeth
 
  2  
Reply Thu 11 Oct, 2018 10:11 am
If you've got some time to read and enjoying following links, this could be your jam.

https://www.vox.com/2018/10/9/17953560/mueller-trump-russia-news-alfa-bank-psy-group

Quote:
We’ve gotten news on Alfa Bank, Psy-Group, and Peter W. Smith — three long-simmering subplots of the Russia investigation.


some maybe interesting updates
ehBeth
 
  2  
Reply Thu 11 Oct, 2018 10:17 am
https://www.cbc.ca/news/world/pinedo-sentence-special-counsel-probe-1.4856981

Quote:
A California man accused by U.S. special counsel Robert Mueller's office of operating an online auction service for stolen identities was sentenced to one year in prison on Wednesday in a federal district court.

Richard Pinedo, who pleaded guilty to one count of identity fraud in February, could serve half the sentence at home, Judge Dabney Friedrich said.

The criminal charge against Pinedo was announced in February by Mueller's office at the same time it announced an indictment against 13 Russians and three Russian companies on charges they adopted fake online personas to push divisive messages, travelled to the United States to collect intelligence and staged political rallies.
0 Replies
 
coldjoint
 
  -3  
Reply Thu 11 Oct, 2018 10:22 am
@ehBeth,
Quote:
some maybe interesting updates

Updated bullshit is still bullshit.
0 Replies
 
InfraBlue
 
  3  
Reply Thu 11 Oct, 2018 10:33 am
@coldjoint,
coldjoint wrote:

Quote:
Aside from the headline and subheading, your second link doesn't quote the Ayatollah saying, "kill all Jews," or saying that Iran wants all Jews dead at all.

You are quite the desperate apologist. The Koran says to kill all Jews. That goes for Shiites and Sunnis. You need to learn something about Islam, Israel and its leaders know.

One thing is what the Koran says, another thing is what the Ayatollah says and has said. Your Islamophobic inference is what's desperate.
ehBeth
 
  2  
Reply Thu 11 Oct, 2018 10:36 am
https://www.politico.com/story/2018/10/10/trump-tv-ratings-fox-news-891621

Quote:
President Donald Trump loves to brag about ratings, but he’s not getting them anymore.

As he’s ramped up his rally schedule ahead of the midterms, viewership numbers for the raucous prime-time events have been roughly similar to — sometimes dipping below — Fox News’ regular programming, and the network has recently stopped airing most evening events in full.


Quote:
One senior White House official was unsure why the network would decide to cut away from presidential rallies, saying officials planned “to look into that” and wouldn’t be surprised if White House communications director Bill Shine, a former Fox News executive, was in touch with former colleagues about the trend.

The loss of national coverage is equally, if not more, concerning to the candidates on whose behalf Trump is traveling the country.


Quote:
A source close to Trump described the declining coverage as a “huge loss on the state and local level for Republicans because they’re certainly not going to get any of that on other cable networks.”

“If they stop taking them completely, that might create a problem,” this person said. “Trump is a massive consumer of the media, so he may be disappointed.”

Neither Fox News nor the White House responded to requests for comment.

But from Fox’s perspective, Trump is no longer a sure bet to beat Tucker Carlson, Sean Hannity or Laura Ingraham. For instance, on Aug. 30, Fox News’ 8 p.m. hour was mostly consumed by Trump’s rally in Evansville, Ind., earning 2.536 million viewers, according to Nielsen, compared to the 2.8 million viewers Carlson averaged at that time during 2018’s third quarter.


0 Replies
 
ehBeth
 
  2  
Reply Thu 11 Oct, 2018 10:43 am
also happening at Fox

https://www.dailymail.co.uk/news/article-6261157/Trump-personally-lobbied-Hope-Hicks-seven-figure-job-Fox-calling-Rupert-Murdoch.html

0 Replies
 
coldjoint
 
  -3  
Reply Thu 11 Oct, 2018 10:45 am
@InfraBlue,
Quote:
Islamophobic

Using a word like that shows you have no idea what you are talking about. Would you like to see some people that were Islamophobes?
Quote:
2018.10.10 (Kenya)
Islamists hurl a bomb into a school, killing two teachers.

2018.10.09 (Afghanistan)
A suicide bomber detonates at the campaign office of a secular candidate, killing eight supporters.

2018.10.07 (Israel)
Two young parents of small children are murdered in cold blood by a Palestinian terrorist.

2018.10.06 (India)
A butcher who spoke out against Islamic terror is abducted and his throat slit.

2018.10.06 (Syria)
Terrorists blow up a petrol station, killing five civilians, including two children.

2018.10.05 (India)
Two Muslim patriots are shot to death at a meat shop for supporting India.

These Islamophobes are dead.
https://www.thereligionofpeace.com/
You just cannot claim there is no reason to be scared(aware) of Islam when things like this happen daily.
InfraBlue
 
  4  
Reply Thu 11 Oct, 2018 10:56 am
@coldjoint,
Try some dictionary definitions.

Islamophobia

"Fear, hatred, or mistrust of Muslims or of Islam."
American Heritage® Dictionary of the English Language, Fifth Edition.

"1. (Psychology) hatred or fear of Muslims or of their politics or culture
2. (Government, Politics & Diplomacy) hatred or fear of Muslims or of their politics or culture"
Collins English Dictionary – Complete and Unabridged, 12th Edition

0 Replies
 
izzythepush
 
  2  
Reply Thu 11 Oct, 2018 11:06 am
Quote:
The US military has temporarily grounded its entire fleet of F-35 fighter jets in the wake of a crash in South Carolina last month.

Inspections are to be carried out on faulty fuel tubes.

An official report questioned earlier this year whether the F-35 was ready for combat after dozens of faults were found.

The F-35 is the largest and most expensive weapons programme of its type in the world.

The programme is expected to last several decades and global sales are projected to be 3,000. The US government's accountability office estimates all costs associated with the project will amount to one trillion dollars.

In a statement, the F-35 Joint Program Office said the US and its international partners had suspended flight operations while a fleet-wide inspection of fuel tubes was conducted.

"If suspect fuel tubes are installed, the part will be removed and replaced. If known good fuel tubes are already installed, then those aircraft will be returned to flight status.

"Inspections are expected to be completed within the next 24 to 48 hours."

The aircraft, which uses stealth technology to reduce its visibility to radar, comes in three variants.

The crash in South Carolina involved an F-35B, which is able to land vertically and costs around $100m (£75m).

The pilot in that incident ejected safely but the aircraft was destroyed.


https://www.bbc.co.uk/news/world-us-canada-45827795
 

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