The National  Memo Logo

Smart. Sharp. Funny. Fearless.

Monday, December 09, 2019 {{ new Date().getDay() }}

Reprinted with permission from Shareblue.

 

Trump can’t wait to see his good pal Vladimir Putin again when they meet in Finland next week, but he seems less enthusiastic about his stop in London on the way.

In fact, the Guardian reports that he’s planning to skip the city “almost entirely” during his four-day visit to the UK. He’ll be spending just one night there, when he first arrives, before getting out of dodge — and dodging the protesters.

One group is raising money to float a giant “Trump Baby” balloon overhead when Trump arrives, and the group has now received the blessing of London Mayor Sadiq Khan.

“Donald Trump is a big, angry baby with a fragile ego and tiny hands,” the group said on its crowdfunding website. “We want to make sure [Trump] knows that all of Britain is looking down on him and laughing at him.”

No wonder he doesn’t want to be there.

In fact, the coward in chief has delayed his first official trip to the U.K. for more than a year. He had originally hoped to ride around in a gold-plated carriage and play golf with the queen. But that’s not happening.

In February 2017, members of Parliament sent a petition, which garnered more than 1.8 million signatures, asking that Trump’s big fancy visit be canceled or downgraded, claiming that such a visit “would cause embarrassment to Her Majesty the Queen.”

Trump hasn’t exactly spent the past year easing any such concerns.

Meanwhile, Prime Minister Theresa May’s spokesperson offered an extremely brief “yes” when asked whether the prime minister was looking forward to hosting Trump. But May hasn’t expressed much fondness for Trump either. She has repeatedly criticized his racist rhetoric and horrific policies, including taking children from their parents at the border and putting them in cages.

“On what we have seen in the United States, pictures of children being held in what appear to be cages are deeply disturbing,” she said last month. “This is not something that we agree with, this is not the United Kingdom’s approach.”

Trump wasn’t shy about letting the world know how much he didn’t want to meet with America’s top allies, including May, at the G-7 summit in Canada. He whined about Russia not being included before he even got there, left early, and then continued to trash allies on his way out.

Trump might not enjoy himself during his trip to a country that has routinely criticized him and whose citizens don’t want him there. But maybe his visit with Putin — whom he continued to defend during a rally in Montana Thursday night — will cheer him right back up.

Published with permission of The American Independent.

Advertising

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Supreme Court of the United States

YouTube Screenshot

A new analysis is explaining the disturbing circumstances surrounding the overturning of Roe v. Wade and how the U.S. Supreme Court has morphed into an entity actively working toward authoritarianism.

In a new op-ed published by The Guardian, Jill Filipovic —author of the book, The H-Spot: The Feminist Pursuit of Happiness—offered an assessment of the message being sent with the Supreme Court's rollback of the 1973 landmark ruling.

Keep reading... Show less

Billionaires

YouTube Screenshot

After a year of reporting on the tax machinations of the ultrawealthy, ProPublica spotlights the top tax-avoidance techniques that provide massive benefits to billionaires.

Last June, drawing on the largest trove of confidential American tax data that’s ever been obtained, ProPublica launched a series of stories documenting the key ways the ultrawealthy avoid taxes, strategies that are largely unavailable to most taxpayers. To mark the first anniversary of the launch, we decided to assemble a quick summary of the techniques — all of which can generate tax savings on a massive scale — revealed in the series.

1. The Ultra Wealth Effect

Our first story unraveled how billionaires like Elon Musk, Warren Buffett and Jeff Bezos were able to amass some of the largest fortunes in history while paying remarkably little tax relative to their immense wealth. They did it in part by avoiding selling off their vast holdings of stock. The U.S. system taxes income. Selling stock generates income, so they avoid income as the system defines it. Meanwhile, billionaires can tap into their wealth by borrowing against it. And borrowing isn’t taxable. (Buffett said he followed the law and preferred that his wealth go to charity; the others didn’t comment beyond a “?” from Musk.)

Keep reading... Show less
{{ post.roar_specific_data.api_data.analytics }}