NY Times: Would Trump Presidency Doom Your 401(k)?

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Wall Street, so far, isn’t panicking over the possibility of a Trump presidency (because they expect that Hillary Clinton will ultimately prevail).  But, given the fact that Trump appears unstoppable having already clinched the GOP nomination…maybe it’s time for them to start taking Trump seriously.

Will a Trump presidency spell “danger” to retirement investments?

Read the NY Times article here:  Donald Trump and Your 401(k): Imminent Danger? – The New York Times

Cosby Will Stand Trial on Criminal Charges

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Source: CNN

Source: CNN

A judge in Pennsylvania ruled this morning that comedian and former TV star Bill Cosby will face trial on criminal charges of assault and sexual misconduct.  This case

falls within the statute of limitations and, like the other more than 50 accusers, involves alleged drugging by Cosby of a woman prior to the alleged sexual assault.  The judge said that there is enough evidence to proceed with a jury trial.  Read more here:  Bill Cosby to stand trial for assault charges, judge rules – CNN.com

Trump – Corker Ticket? Real Estate and Policy

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My Approved PortraitsSenator Bob Corker of Tennessee is meeting today with The Donald at Trump Tower in New York.  There is speculation that the presumptive GOP nominee is considering Corker as his VP running mate.  Is this a good match?  Possibly, at least for Donald Trump, to give him cover for his more austere policies that he would impose on Americans.

Corker is anti Social Security and Medicare; he has wanted to privatize Medicare, handing out vouchers, and he has called Social Security “generational theft.”

It is well known that Trump made his fortune in real estate development.  Bob Corker, also, is a big real estate developer in Tennessee.  He shielded his involvement in developing wetlands and other properties while he was mayor of Chattanooga by forming a blind trust which, according to Wikipedia, “may not have been all that blind.”

Read more here:

  1. NY Daily News: Sen. Bob Corker sits down with Donald Trump, fueling running mate chatter
  2. Wikipedia:  Bob Corker

Trump’s Refusal to Release Tax Returns May Be That He Pays Nothing

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Donald_Trump_August_19,_2015_(cropped)“None of you business,” is Donald Trump’s latest excuse for not releasing his tax returns.  This after claiming that he couldn’t make them public because he was under IRS audit (even though Richard Nixon released his returns while he was under audit).  What’s the real reason for Trump’s unprecedented refusal to release his taxes?  Perhaps it’s because Trump manipulates the system so much that he winds up paying $0 to the IRS.

In 1981, the last time The Donald released his taxes, those documents showed that he paid nothing for at least 2 years!  Read more here:  Trump’s income tax returns once became public. They showed he didn’t pay a cent.

Chibok Nigerian Captured Schoolgirl Found in Forest

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Michelle-obama-bringbackourgirlsRemember back in April of 2014 when Nigerian schoolgirls from the town of Chibok were captured by the terrorist group Boko Haram?  The good news is that one of those girls was found in a forest.  Dirty, in bad shape, but alive.  Along with her was a man who claims to be her husband, and a baby.  Read more here:  Nigeria: First missing Chibok girl found – CNN.com

Senate Unanimously Passes 9/11 Bill

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With no opposition, the Senate today passed, by voice vote, a bill that would allow the families of 9/11 victims to sue Saudi Arabia.  The bill now moves on the House where it is expected to also pass.  President Obama is threatening to veto the bill.  Read more here:  Senate Passes Bill That Would Expose Saudi Arabia to Legal Jeopardy Over 9/11 – The New York Times

Shapiro: “It’s the Inequality, Stupid.”

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Bruce Shapiro, in The Nation, opines that the same-old campaign styles, which worked so well for the Clintons in the ’90’s may fail her now, leading to defeat in the general to Trump, or even an uprising from Sander’s supporters.

If Candidate Clinton wants to become President Clinton—and wants to secure the congressional support to govern—she needs to start by recognizing the central difference between 1992 and this year. In 2016, the core message among both Democratic and Republican voters is  “It’s the inequality, stupid.” Deft turns to the right can’t address that central reality. Trump’s victory only escalates the stakes in the argument represented by, but not limited to, Bernie Sanders’s insurgency.

Read more here:  To Beat a Nasty, Brutish Donald Trump, Hillary Clinton Will Have to Do Something Different | The Nation

Adelson Endorses Trump

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Casino magnate and conservative big-money donor Sheldon Adelson endorsed Donald Trump today for President.  In an opinion article he wrote for the Washington Post, Adelson aims to “strongly encourage” his “fellow Republicans” to get on board.  Read more here: Sheldon Adelson: I endorse Donald Trump for president – The Washington Post

George Zimmerman To Auction Off Gun That Killed Trayvon Martin

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As disgusting as it is, a website is willing to auction off the gun that killed Trayvon Martin.  George Zimmerman had his original auction yanked from the Web but another website is willing to do it, so far.  Question is, who would be willing to buy this thing?  Read more here:  The gun George Zimmerman said he used on Trayvon Martin is up for auction again after being delisted – The Washington Post

Raccoon cuts power to 39,000 in Washington after breaking into substation — Scottish Watercolour

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For at least two hours, households were left without power until it was restored early on Wednesday morning for the majority of households and shortly after 5am local time, power was restored to all.

This is why we need to upgrade our infrastructure!

via Raccoon cuts power to 39,000 in Washington after breaking into substation — Scottish Watercolour

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