March 3, 2018

In Italy, convicted tax scammers can't hold public office

In America, they get elected!

http://www.bbc.com/news/world-europe-43266325

March 3, 2018

Trump's past history with American steel. It ain't pretty.

For someone who crows about helping the American steel industry ........

Actions speak louder than empty words!

I wish some journalists would call Dumpy out on this!

This article is from 2016, but the facts are still very pertinent today.

Six Facts on Donald Trump's Use of Chinese Steel

https://aflcio.org/2016/10/12/six-facts-donald-trumps-use-chinese-steel

March 2, 2018

Is this a mere coincidence? Me thinks not.

Trump Confidant Icahn Dumped Millions in Steel-Related Stock Last Week

Billionaire investor and longtime Trump confidant Carl Icahn dumped $31.3 million of stock in a company heavily dependent on steel last week, just days before Trump announced plans to impose steep tariffs on steel imports.

https://thinkprogress.org/trump-ichan-steel-imports-cf7deb8beaf0/

March 2, 2018

Tonight's Vinyl Selection

Slowhand

Eric Clapton

1977

Masterful as always, Clapton doesn't disappoint on this one.

Includes "Cocaine," "Wonderful Tonight," and "Lay Down Sally".

March 2, 2018

Welcome to the Age of Climate Migration

"Most people don't realize how much climate affects everything, from their property values to how hard people work," says Solomon Hsiang, a professor of public policy at the University of California, Berkeley, who led a recent study that predicts, as the climate warms, there will be "a large transfer of value northward and westward." And the wealthy, who can afford to adapt, will benefit, while the poor, who will likely be left behind, will suffer. "If we continue on the current path," Hsiang says, "our analysis suggests that climate change may result in the largest transfer of wealth from the poor to the rich in the country's history."

https://www.rollingstone.com/politics/news/welcome-to-the-age-of-climate-migration-w516974

March 2, 2018

Electrolux puts $250 million American investment on hold

STOCKHOLM (Reuters) - Sweden’s Electrolux (ELUXb.ST), Europe’s largest home appliance maker, said on Friday it would delay a planned $250 million investment in Tennessee, after U.S. President Donald Trump announced tariffs on imported aluminum and steel.

On Thursday, Trump said the duties — 25 percent on steel imports and 10 percent on aluminum — would be formally announced next week, although White House officials later said some details still needed to be ironed out.

“We are putting it on hold. We believe that tariffs could cause a pretty significant increase in the price of steel on the U.S. market,” Electrolux spokesman Daniel Frykholm said.

Electrolux buys all the steel it uses in its U.S. products domestically.

“So this is not the possibility of tariffs directly impacting our costs, but rather the impact it could have on the market and that it could damage the overall competitiveness of our operations in the U.S.,” Frykholm said.

https://www.reuters.com/article/us-usa-trade-trump-electrolux/electrolux-puts-250-million-u-s-investment-on-hold-over-trump-tariff-hike-idUSKCN1GE1P0

March 1, 2018

Tonight's Vinyl Selection

Moondance

Van Morrison

1970

An exquisite blend of soul, jazz, r&b, folk and rock from Van the Man, this one is a classic and a personal favorite of mine.

Includes the title cut "Moondance" .... "Caravan" .... "Into the Mystic".