U.S. inflation increased in June as tariffs boosted prices for imported goods ... read more
A new memo from the National Republican Congressional Committee, obtained by POLITICO, sheds light on how the party is messaging ahead of next year's midterms. read more
Two Republicans voted against Bove, but it wasn't enough to tank his nomination. read more
Apple said a majority of its devices shipped into the U.S. in the June quarter will originate in India and Vietnam ... read more
"We will drill, baby, drill," President Donald Trump declared at his inauguration on January 20. Echoing the slogan that exemplified his energy policies during the campaign, he made his message clear: more oil and gas, lower prices, greater exports. read more
Leon Russell - Magic Mirror (1972)
www.youtube.com
Lyrics excerpt ...
...
[Verses 1-6]
I'm standing by the highway
Suitcase by my side
No place I want to go
I just thought I'd catch a ride
Many people look my way
And many pass me by
In moments of reflection
I wonder why
To the thieves I am a bandit, whoa
The mothers think I'm a son
To the preachers I'm a sinner
Lord I'm not the only one
To the sad ones I'm unhappy
To the losers I'm a fool
To the students I'm a teacher
With the teachers I'm unschooled
To the hobos I'm imprisoned
By everything I own
To the soldier I'm just someone else
Who's dying to go home
...
BaFin to Deepen Deutsche Bank Money Laundering Investigation (Feb 2019)
www.financemagnates.com
...Deutsche Bank released a statement on Friday saying that BaFin, the German financial regulator, has extended the remit of an independent auditor examining the lender's role in the Danske Bank money laundering scandal.[emphasis mine]
The case stems from an ongoing investigation into the Danish bank's Estonian division.
After a whistle-blower sounded the alarm about the activity of certain customers, most of whom were from Russia and the former Soviet Union, in late 2018, it became apparent that Danske Bank's Tallinn-based operations were doing business with some less than scrupulous individuals.
It is alleged that the bank laundered around $225 billion from 2007 to 2014. If that is the case, it would potentially be the largest instance of money laundering ever uncovered.
Deutsche Bank falls into the mix as it acted as Danske Bank's main correspondent bank. According to the Financial Times, the German bank was responsible for facilitating $180 billion in suspicious transactions....
Deutsche Bank Offices Are Raided In Money Laundering Probe (Nov 2018)
www.npr.org
...In recent years, Deutsche Bank has been in the news not only for its prominence in the Panama Papers, but also for its ties to President Trump, in a tumultuous relationship that goes back some 20 years.[emphasis mine]
Trump and the bank once sued each other after he failed to repay a $300 million loan. And the author and reporter Luke Harding has described a "shuffle of money" between the bank's dealings with figures in Russia and its business with Trump. ...
= = = =
From what I've heard over the years...
In the late 1990's, early 2000's, it seemed that citizen Trump had blown through his final inheritance. In spite of that, he apparently came up with 100's of millions of $$$ from somewhere (or someone?) to build golf courses in Scotland and buy another one.
It was reported that he ultimately spent 100's of millions of dollars on those golf courses.
But where did all that money come from?
= = = =
5 new details from hearing on DC crash that killed 67
thehill.com
... New details are emerging about the deadly collision between an American Airlines flight and an Army helicopter in January near Reagan Washington National Airport, which killed 67 people.
Three days of National Transportation Safety Board (NTSB) hearings, along with thousands of pages of documents, suggest that the Black Hawk helicopter may have been relying on misleading instrument readings when it was operating too high over the Potomac River in the lead-up to the midair collision.
The crash, alongside nonfatal but significant disruptions at other U.S. airports, brought national attention to longstanding strains on the air traffic control workforce.
On the second day of hearings, investigators probed a sentiment they had heard repeatedly from air traffic controllers about managing National Airport's complicated airspace with short staffing: "We just make it work."
Federal Aviation Administration (FAA) officials defended the controllers as "public servants" but also acknowledged the challenges faced by the airport and air safety regulators.
"We're pushing the line," admitted Clark Allen, the operations manager at National Airport at the time of the crash.
Here are five takeaways from the first two days of hearings. ...
@#28 ... Righties don't stand a chance in this competition with liberals. ...
Why does your current alias think that is the case?