The Trump Presidency...

Tuesday 7 August 2018 by Lucas Wilde
Full Linky Here
Donald Trump Walk-of-Fame star to be replaced with ‘Whack-A-Trump’
A version of whack-a-mole will replace Donald Trump’s Hollywood star.

Following reports that officials have requested the star be removed after growing tired of paying to replace the thing every time someone sets about it with a hammer, someone has had the bright idea to replace it with something designed to be hammered to shit.

“It’s going to be a little plastic Donald Trump that pops out of the ground, and you hit it with a hammer” confirmed spokesperson, Simon Williams.

“It makes perfect sense. People have gotten used to taking a sledgehammer to that particular spot, so we might as well make a game of it. We’re going to have a scoreboard and everything.

“We’ve reinforced the material as we anticipate some people are going to be hitting the thing really quite hard.”

 
Not to mention the impact on the US owned companies who have business in Iran (who have been preparing for this though were expecting it later, ie in November). I know of one who has circa USD 500 million worth of Agricultural products in open contracts for sales into Iran ( that is just notional value of the products).

They are obviously not alone.
Good point but do you really think this is going to apply to US companies.

There will be workarounds such as being honour bound to fulfil contracts, avoiding corporate reputational damage and “the cost of reneging would be prohibitive under international law”.
 

Pob02

LE
Book Reviewer
Good point but do you really think this is going to apply to US companies.

There will be workarounds such as being honour bound to fulfil contracts, avoiding corporate reputational damage and “the cost of reneging would be prohibitive under international law”.
The VAST majority of international biz is done in USD.

Have you ever tried doing an international trade in USD when all of the banks are blocking the ease of transaction ?

FYG many banks started to make these trades hard a few months ago, whilst companies have been looking at alternative routing for the cash flow, it is not that easy.
 
Tough as nails is Donny Dumbo.

US President Donald Trump warned other countries from doing business with Tehran on Tuesday, after reimposing what he described as the "most biting ever” sanctions. Trump's contempt for the nuclear deal dates back to his time as a useless fat git when he saw a picture of Obama signing an agreement.

"The Iran sanctions have officially been cast. These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level.”

But the sanctions reimposed on Tuesday - targeting access to US banknotes and key industries such as cars and carpets - were unlikely to cause immediate economic turmoil.
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Dammit Donny you orange a-hole.. there goes my new Persian Rug !!

Iran cannot buy American Cars or Americans cannot buy Iranian cars - which is it ? Either way, I can't see it being a 'bite' on the arrse for anyone !!
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>(I know which one it is)
 
Good point but do you really think this is going to apply to US companies.

There will be workarounds such as being honour bound to fulfil contracts, avoiding corporate reputational damage and “the cost of reneging would be prohibitive under international law”.
US companies can claim a tariff exemption if, and it's a big IF, if they can prove that the item is NOT available in the USA. However:
  • US businesses have filed more than 20,000 exemption requests, according to Commerce Secretary Wilbur Ross.

  • The Commerce Department has ruled on fewer than 100 of those requests.

  • Under Section 232 of the Trade Expansion Act, the law the Trump administration is using to impose the tariffs, companies can request exemptions if there is no way for them to get the goods they need from a domestic producer.
  • Commerce Secretary Wilbur Ross confirmed in a hearing Wednesday that the department has so far received over 20,000 requests for product exemptions. He said 98 of those requests were processed so far — 42 exemptions were approved, while 56 were denied.
  • Officials in the department say there are not enough employees to handle the sudden influx of requests. And employees in the department do not have the expertise to handle such requests, "It's going to be so unbelievably random, and some companies are going to get screwed," a senior Commerce Department official told The Post. "These people are making multi-billion-dollar, unbelievably uninformed decisions."
  • ------------------------------------------------------------------------------------------------------------------
 
US companies can claim a tariff exemption if, and it's a big IF, if they can prove that the item is NOT available in the USA. However:
  • US businesses have filed more than 20,000 exemption requests, according to Commerce Secretary Wilbur Ross.

  • The Commerce Department has ruled on fewer than 100 of those requests.

  • Under Section 232 of the Trade Expansion Act, the law the Trump administration is using to impose the tariffs, companies can request exemptions if there is no way for them to get the goods they need from a domestic producer.
  • Commerce Secretary Wilbur Ross confirmed in a hearing Wednesday that the department has so far received over 20,000 requests for product exemptions. He said 98 of those requests were processed so far — 42 exemptions were approved, while 56 were denied.
  • Officials in the department say there are not enough employees to handle the sudden influx of requests. And employees in the department do not have the expertise to handle such requests, "It's going to be so unbelievably random, and some companies are going to get screwed," a senior Commerce Department official told The Post. "These people are making multi-billion-dollar, unbelievably uninformed decisions."
  • ------------------------------------------------------------------------------------------------------------------
"Unbelievably uninformed decisions". So Trump is making the decisions then? Sounds like he'll be adding to his score of number companies gone bankrupt.
 
"Unbelievably uninformed decisions". So Trump is making the decisions then? Sounds like he'll be adding to his score of number companies gone bankrupt.
There's going to be a significant break with the past. The companies he's going to bankrupt won't be his own this time.
 

Pob02

LE
Book Reviewer
US companies can claim a tariff exemption if, and it's a big IF, if they can prove that the item is NOT available in the USA. However:
  • US businesses have filed more than 20,000 exemption requests, according to Commerce Secretary Wilbur Ross.

  • The Commerce Department has ruled on fewer than 100 of those requests.

  • Under Section 232 of the Trade Expansion Act, the law the Trump administration is using to impose the tariffs, companies can request exemptions if there is no way for them to get the goods they need from a domestic producer.
  • Commerce Secretary Wilbur Ross confirmed in a hearing Wednesday that the department has so far received over 20,000 requests for product exemptions. He said 98 of those requests were processed so far — 42 exemptions were approved, while 56 were denied.
  • Officials in the department say there are not enough employees to handle the sudden influx of requests. And employees in the department do not have the expertise to handle such requests, "It's going to be so unbelievably random, and some companies are going to get screwed," a senior Commerce Department official told The Post. "These people are making multi-billion-dollar, unbelievably uninformed decisions."
  • ------------------------------------------------------------------------------------------------------------------
It is all about the banking channels.

If you cannot get a way to get the USD from Iranian businesses to the suppliers then quite frankly you cannot manage to execute the contracts.

That was the major problem businesses faced last time, and will be same again this time.

Companies have been looking at possibilities of channeling via Turkey, but with the Turkish Lira’s value going to pot the Fx Risk is ridiculous .

Trump the great businessman my arse!
 
Fingers crossed they employ thousands of trumpettes.
Well, it's largely manufacturing for export so the jobs paid for by this trade will be squarely in Ground Zero.

On an entirely unrelated note, US Department of Commerce trade figures say Texas is the second largest source of US exports.

There's a German word, begins with 's'...
 

Guns

ADC
Moderator
Book Reviewer
Well, it's largely manufacturing for export so the jobs paid for by this trade will be squarely in Ground Zero.

On an entirely unrelated note, US Department of Commerce trade figures say Texas is the second largest source of US exports.

There's a German word, begins with 's'...
Sausage?
 
Yesterday the former no4 at the DOJ , Bruce ohr, e mails and texts were released conclusively proving he was acting as the DOJ FBI and Obama govts middle man with ex MI6 Chris Steele ( author of DNC funded dodgy Russia dossier) before and after the election and more critically AFTER the FBI officially told Steele his services were no longer reqd due to him breaking the rules with press leaks etc ( this was something else kept from FISA judges) but continued to use him and pay him 11 times for services rendered breaking FBI rules and procedures - further, this info was kept out of the FISA warrant applications. It then gets further complicated because ohrs wife Nellie was working for fusion gps and with Steele to create the opposition research for the DNC - the texts place Steele with both of them discussing the subject matter and Bruce was working as no 2 for the acting AG Sally Yates in the Obama govt at that time so a direct link to the Obama govt ( she signed the first FISA warrant) - house Intel committee is on this at the mo and demanding the 12 FBI interviews with ohr are declassified and released to see what info was passed from Steele to the FBI DOJ - the reason this is important is because the muller investigation was started because of this dossier so if it turns out the supporting info is false then the whole investigation is discredited - by the way the Matafort trial has wrapped up with the judge admonishing mullers lawyer for having tears in his eyes when he got bollocked by him and has not presented a single shred of evidence that trump or campaign did anything with the Russians - expect Bruce ohr to now come under serious investigation and the muller investigation to wrap up shortly


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Yesterday the former no4 at the DOJ , Bruce ohr, e mails and texts were released conclusively proving he was acting as the DOJ FBI and Obama govts middle man with ex MI6 Chris Steele ( author of DNC funded dodgy Russia dossier) before and after the election and more critically AFTER the FBI officially told Steele his services were no longer reqd due to him breaking the rules with press leaks etc ( this was something else kept from FISA judges) but continued to use him and pay him 11 times for services rendered breaking FBI rules and procedures - further, this info was kept out of the FISA warrant applications. It then gets further complicated because ohrs wife Nellie was working for fusion gps and with Steele to create the opposition research for the DNC - the texts place Steele with both of them discussing the subject matter and Bruce was working as no 2 for the acting AG Sally Yates in the Obama govt at that time so a direct link to the Obama govt ( she signed the first FISA warrant) - house Intel committee is on this at the mo and demanding the 12 FBI interviews with ohr are declassified and released to see what info was passed from Steele to the FBI DOJ - the reason this is important is because the muller investigation was started because of this dossier so if it turns out the supporting info is false then the whole investigation is discredited - by the way the Matafort trial has wrapped up with the judge admonishing mullers lawyer for having tears in his eyes when he got bollocked by him and has not presented a single shred of evidence that trump or campaign did anything with the Russians - expect Bruce ohr to now come under serious investigation and the muller investigation to wrap up shortly


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Another load of conspiracy nonsense, I thought Alex Jones had been removed from most of the internet,
Ohr was named in the Nunes memo in Feb, this isn't some breaking news

You did see Trumps tweet the other day saying Don jr meet with Russians for the specific reason of getting dirt on Hilary?
 
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Yesterday the former no4 at the DOJ , Bruce ohr, e mails and texts were released conclusively proving he was acting as the DOJ FBI and Obama govts middle man with ex MI6 Chris Steele ( author of DNC funded dodgy Russia dossier) before and after the election and more critically AFTER the FBI officially told Steele his services were no longer reqd due to him breaking the rules with press leaks etc ( this was something else kept from FISA judges) but continued to use him and pay him 11 times for services rendered breaking FBI rules and procedures - further, this info was kept out of the FISA warrant applications. It then gets further complicated because ohrs wife Nellie was working for fusion gps and with Steele to create the opposition research for the DNC - the texts place Steele with both of them discussing the subject matter and Bruce was working as no 2 for the acting AG Sally Yates in the Obama govt at that time so a direct link to the Obama govt ( she signed the first FISA warrant) - house Intel committee is on this at the mo and demanding the 12 FBI interviews with ohr are declassified and released to see what info was passed from Steele to the FBI DOJ - the reason this is important is because the muller investigation was started because of this dossier so if it turns out the supporting info is false then the whole investigation is discredited - by the way the Matafort trial has wrapped up with the judge admonishing mullers lawyer for having tears in his eyes when he got bollocked by him and has not presented a single shred of evidence that trump or campaign did anything with the Russians - expect Bruce ohr to now come under serious investigation and the muller investigation to wrap up shortly


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Mueller is the investigator.

Mullered is what it increasingly looks like Trump will be when the investigation concludes.

HTH.
 
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Yesterday the former no4 at the DOJ , Bruce ohr, e mails and texts were released conclusively proving he was acting as the DOJ FBI and Obama govts middle man with ex MI6 Chris Steele ( author of DNC funded dodgy Russia dossier) before and after the election and more critically AFTER the FBI officially told Steele his services were no longer reqd due to him breaking the rules with press leaks etc ( this was something else kept from FISA judges) but continued to use him and pay him 11 times for services rendered breaking FBI rules and procedures - further, this info was kept out of the FISA warrant applications. It then gets further complicated because ohrs wife Nellie was working for fusion gps and with Steele to create the opposition research for the DNC - the texts place Steele with both of them discussing the subject matter and Bruce was working as no 2 for the acting AG Sally Yates in the Obama govt at that time so a direct link to the Obama govt ( she signed the first FISA warrant) - house Intel committee is on this at the mo and demanding the 12 FBI interviews with ohr are declassified and released to see what info was passed from Steele to the FBI DOJ - the reason this is important is because the muller investigation was started because of this dossier so if it turns out the supporting info is false then the whole investigation is discredited - by the way the Matafort trial has wrapped up with the judge admonishing mullers lawyer for having tears in his eyes when he got bollocked by him and has not presented a single shred of evidence that trump or campaign did anything with the Russians - expect Bruce ohr to now come under serious investigation and the muller investigation to wrap up shortly


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Rather, errrh, trumped and discredited by Trumps own admission.

Could be true. Probably not.

It would hardly make sense for the Sovs to play each side, now would it. What could they possibly gain.

Would it?
 
Another load of conspiracy nonsense, I thought Alex Jones had been removed from most of the internet,
Ohr was named in the Nunes memo in Feb, this isn't some breaking news

You did see Trumps tweet the other day saying Don jr meet with Russians for the specific reason of getting dirt on Hilary?
mate, its one thing being anti-trump but at least do your research before calling me a liar!

Opinion: How a senior DOJ official helped Dem researchers on Trump-Russia case

trump publicly tweeted 12 months ago that don jr's meeting was for opo research - the latest dribbling from the media this week is making out its a stunning 'new' revelation when trump acknowledged it 12 months ago!

What We Know About Donald Trump Jr.’s Russia Meeting

if you only listen to CNN/BBC then you will miss 50% of the story because the reporters routinely fail to report large sections of what is going on and believe me when I say Mullers investigation is a sideshow in regard to what is being made public via freedom of info requests and house/senate investigations plus the IG Horowitz investigation which is now looking at the conduct of the russia investgation
 
rump publicly tweeted 12 months ago that don jr's meeting was for opo research - the latest dribbling from the media this week is making out its a stunning 'new' revelation when trump acknowledged it 12 months ago!
So he's twice admitted to colluding with a foreign power to undermine his electoral opponents?

No wonder Mueller's taking so long. He probably spends an hour each day picking his jaw off the floor.
 

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