Not much going on in the news. More debates, more primary's and it’s anyone’s
guess as to who’ll wind up as either party’s presidential candidate.
Particularly because the FBI may play a major role on the Democrat side, by
incarcerating their front-runner. And now it looks like the top Republican may
be headed for court himself. On charges of fraud and misrepresentation at the
sham, Trump University.
Ian Tuttle @nationalreview.com, writes: “First thing first, Trump
University was never a university. When the “school” was established in 2005,
the New York State Education Department warned that it was in violation of state
law for operating without a NYSED license. Trump ignored the warnings. (The
institution is now called, ahem, “Trump Entrepreneur Initiative.”)
“Cue lawsuits. Trump University is currently the defendant in three lawsuits
— two class-action lawsuits filed in California, and one filed in New York by
then-attorney general Eric Schneiderman, who told CNN’s New Day in 2013: “We
started looking at Trump University and discovered that it was a classic
bait-and-switch scheme. It was a scam, starting with the fact that it was not a
university.”
Mr. Tuttle continues: “Meanwhile, Trump — who maintains that Trump University
was “a terrific school that did a fantastic job” — has tried to bully his
opponents out of the suit. Lawyers for Tarla Makaeff have requested a protective
order from the court “to protect her from further retaliation.” According to
court documents, Trump has threatened to sue Makaeff personally, as well as her
attorneys. He’s already brought a $100 million counterclaim against the New York
attorney general’s office. But it’s not working. Trump himself will have to take
the witness stand in San Diego federal court sometime during the election season
— and because of the timeline of the cases, a “President Trump” would be
embroiled in these suits long after November.”
So, it will be interesting to see, if Trump is elected, cops entering the
Oval Office and cuffing him. Perhaps right under a painting of Bill Clinton’s
impeachment proceeding.
On another issue mentioned here often, Justin Fox @bloomberg.com,
headlined his column today: “Why aren’t more Americans working?”
The article’s most interesting because it encapsulates the direct
relationship between politics and the American economy, particularly when
seeking votes undermines job markets and whole classes of lesser skilled
workers. Such as raising minimum wages despite the incentive that provides
toward automation replacing people. Or, protecting unionized
teachers via tenure, leading the quality of education to worthlessness.
Mr. Fox writes: “If you're looking for something to blame for the declining
employment-to-population ratio, robots and workers abroad seem to be likelier
culprits. Employment in manufacturing, which has been strongly affected by
automation and overseas competition, fell from 17.3 million in February 2000 to
12.3 million last month. That's a lot of lost jobs for an economy to replace.
Then there are the other possible causes that I trotted out last time:
“Maybe the U.S. system of unemployment insurance and job retraining and
placement is busted. Maybe the perverse incentives built into the Social
Security Disability Insurance program are keeping people who could work out of
the labor force. Maybe the U.S. educational system is doing an especially poor
job of preparing people for work. Maybe increasing geographic divergence in
employment in the U.S. is leaving job seekers stranded far from jobs. Maybe poor
child-care options are keeping American women at home. Maybe U.S. corporations,
under pressure from capital markets, are spending so much money on share
buybacks that they’re underinvesting in labor.”
So, obviously, the free market has responded to legislation by adapting its
practices to preserve its enterprises and income opportunities. However businessmen didn’t cause the demise in work opportunity, or force independence from
employment. Politicians did. Almost all of them members of the Democrat
party.
Bringing us to today’s update on Bill Clinton’s wife.
Originally, Washington Free Beacon reported back in April 2015, that
Bill’s wife’s campaign “has made payments totaling six figures to Clinton this
election cycle, according to a review of its expenditures.” Suggesting that
funds were being siphoned off personally by the candidate.
And then, although the Clinton campaign didn’t respond to multiple requests
for comment before publication, it later contacted the Beacon after the story
was published, “and said the amounts listed were in-kind contributions to the
campaign from Clinton.
“Those are in-kind donations from Hillary Clinton, not payments to her. Sorry
for the slow response,” said campaign spokesman Josh Schwerin.
“The campaign said the FEC requires in-kind contributions to be posted under
expenditures and contributions even though no money is being disbursed from the
campaign.”
So, the point the Beacon was attempting to make is that although Bill’s
wife had previously claimed that she and Bill were “dead broke” when he left the
White House, the two have since amassed millions of dollars in wealth.”
However, what’s also evident by the need for personal funds is that, perhaps
donors aren’t coming through as expected this time around. A major concern.
On another issue, it was mentioned here a day or two ago that Bill had trouble
focusing in an argument with a heckler during a campaign event. Now, today, Steve Guest @dailycaller.com
writes: “While stumping for Hillary Clinton, Bill Clinton attempted to boast on
behalf of his wife, praising her for establishing sanctions on Iran, but instead
he got confused and said “Iraq.”
“During a campaign rally Thursday night in Baton Rouge, La., the former
president said, “She got those sanctions on Iraq, which required China and
Russia to sign off so everybody would enforce them. Even I didn’t think she
could get them, but she did.
“In all fairness, who really knows what Bill Clinton is talking about
anymore?” America Rising asked.
Thus, the go-to guy may have finally run out of steam, leaving his wife to
campaign on her own. Which is like Popeye running out of spinach. And we all
know what that means. It also leads to the continuing question: Joe Biden, Mayor
Bloomberg, Jerry Brown, and Starbuck’s chairman and CEO, Howard Schultz, are you
guys reading this?
That’s it for today folks.
Adios
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