Monday, December 4, 2017

The Political Page, T+317 -- December 4, 2017 -- Huge Win For Trump

Fake News

Immediately after the false report was made, Brian Ross was suspended four weeks without pay. Now, the president of ABC has said that Brian Ross will not report any story involving Trump. ABC has been getting a reputation of being a very, very questionable news outlet. It is very clear that the network does not want to become the second "fake news" network. The first "fake news" network is CNN. The president of ABC does not want ABC to become another CNN. Remember: ABC had Hillary Clinton winning the election by 15 points.

Updates

Later, 7:57 p.m. Central Time: it appears the travel ban story was hardly covered by mainstream media. I am thrilled with the US Supreme Court vote (7 -2) but I am incredibly depressed that it took a Supreme Court ruling to right a serious wrong.  

The reason the story is getting so little coverage: everybody knew that Trump was right to begin with. It's amazing that a non-lawyer, non-politician knows constitutional law better than Ruth and her lightweight co-justice Sonia.  


Everybody Knows, Leonard Cohen  
 
Original Post

Huge win for Trump. US Supreme Court agrees with Trump: his travel ban was legal. Period. Dot.

CNBC reporter seems shell-shocked. Unable to explain what this really means. LOL.

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GOP Tax Bill -- 2017
Updates

Later, 7:40 p.m. Central Time: it's called BEAT -- from SeekingAlpha --
  • solar industry stocks are slammed in today's trade as the tax bill passed by the U.S. Senate contains provisions that could harm wind and solar energy investment and deployment
  • the bill's Base Erosion Anti-Abuse Tax, or BEAT, provision is intended to make it more difficult for businesses to avoid taxes but it also could make tax credits such as the renewable energy Production Tax Credit for wind power and the Investment Tax Credit for solar projects harder to monetize
  • "If these provisions are retained, they will result in broad instability and uncertainty for businesses and investors across many sectors, including the clean energy sector," says a statement signed by six groups including the American Council on Renewable Energy. 
  • "The BEAT program, as currently drafted, would have a devastating impact on renewable-energy investment and deployment," says another letter signed by four groups including the Solar Energy Industries Association. 
  •  FSLR -5.6%, SPWR -8.5%, CSIQ -9.2%, CAFD -4.6%, PEGI -3.6%, JKS -6.6%, DQ -14.6%.
Original Post
 
Well, we had to pay for the tax cuts somehow:


Financial Times link here.

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