Trump Wrongly Takes Credit for Planned $1.33 Billion Toyota Spending

President Donald Trump took credit for Toyota Motor Corp. investing $1.33 billion in an existing U.S. factory, championing spending by a Japanese automaker he’s blasted for building a plant in Mexico.

The outlays in Georgetown, Kentucky, aren’t new — they’ve been in the works for years. But the way they’re being marketed is. Instead of emphasizing cost efficiency, Toyota is highlighting ample spending and the previously announced addition of 700 jobs. The president has taken notice.

Toyota’s announcement “is further evidence that manufacturers are now confident that the economic climate has greatly improved under my administration,” Trump said in the automaker’s statement Monday.

The bigger the U.S. investment the better right now for Toyota. Trump singled out the company in January for its plan to build a Corolla small-car factory in Mexico. As Toyota’s North American Chief Executive Officer Jim Lentz discussed setting up autonomous- and connected-car business units in the U.S. with Trump last month, the president cut him off and said the company needed to “build those new plants here.”

While Toyota is pleased Trump recognized the significance of its investment, according to Wil James, the Kentucky factory’s president, the company started preparing for the redesigned Camry that will be built at the plant during Barack Obama’s administration.

“We’ve been working on this Camry now for over three years, so this is not something that’s just brand new and picked up most recently,” James said in an interview Monday on Bloomberg Television.

As part of the $10 billion that Toyota plans to invest in the U.S. over the next five years, the company’s spending in Kentucky paves the way for output of the redesigned Camry sedan later this year. The car will be the first in North America to adopt the Toyota New Global Architecture system for designing, engineering and manufacturing vehicles.

In describing the system referred to as TNGA in March 2015, Toyota said it was aiming to reduce the amount of spending required to prepare the production line for a new model by about half. The Toyota City, Japan-based company is avoiding any emphasis of the frugal benefits of TNGA with regards to its plans in Georgetown.

“This is the largest investment in our plant’s history,” James said in the statement. “This major overhaul will enable the plant to stay flexible and competitive, further cementing our presence in Kentucky.”

Toyota will spend the $1.33 billion over the next two or three years, James said in a press conference at the Georgetown plant. It’s only after the money is spent — including on more flexible equipment in the welding shop and elsewhere — that TNGA’s expected cost savings will kick in, he said.

Kentucky Governor Matt Bevin predicted the state’s best year ever for capital investments by big companies during the event at the plant.

(h/t Bloomberg)

Reality

Toyota made the announcement in May 2014.

Appearance of Trump Helicopter at Mar-a-Lago Raises Questions

President Trump’s personal helicopter spent the weekend parked in a prime spot on the front lawn of Mar-a-Lago, despite the fact that Trump is barred from using it while president.

The Palm Beach Daily News reported that the Sikorsky S-76, with “TRUMP” emblazoned on the tail and step, landed on the club’s newly paved helipad Saturday afternoon. Palm Beach Fire-Rescue spokesman Sean Baker told the paper that the Secret Service requested a fire engine to be on standby.

“We were surprised,” Baker said. “This was not something we knew was coming.”

The helicopter remained on the helipad Sunday, but left after a few hours. The White House didn’t respond to questions about the reason the helicopter was there. Baker said he did not know what the helicopter would be used for and said there were no reports of anyone arriving or being picked up by the helicopter Saturday.

The Secret Service says standard security protocol requires the president to fly on either Air Force One, a jumbo jet, or Marine One, a helicopter. The agency says Trump was never on the helicopter, though the president has not used Marine One for his visits to the resort.

Trump owns two Sikorsky S-76 helicopters, which also bear his family seal.

(h/t Fox News)

Donald Trump Personally Profited From Missile-Maker Raytheon’s Stock Jump After His Syria Attack

While the world is dealing with both the implications and the fall-out from President Donald Trump’s missile attack on a Syrian airfield on Thursday, the manufacturer of the Tomahawk missile used in the attack is seeing their stock surge which is good news for their investors — including the president.

As noted by the Palmer Report, Trump owns stock in Raytheon, which was reported by Business Insider in 2015.

According  to Trump’s financial disclosure reports filed with the FEC in 2015, his stock portfolio includes investments in  technology firms, financial institutions and defense firms, including Raytheon.

On Thursday, Trump launched an attack on the al-Shayrat military airfield, used by both Syrian and Russian military forces, hitting it with 59 Tomahawk missiles manufactured by Raytheon. Trump’s attack on Syria was reportedly in response to a deadly gas attack launched by Syrian President Bashar al-Assad against his own people earlier in the week.

While the Tomahawk attack did little damage to the airfield — with the Syrian air force  continuing to launch assaults from the same base on Friday — investors, sensing an increasing escalation in tensions between two countries and the possibility of war , pushed Raytheon stock up.

Since taking office, Trump has refused to divulge all of his financial information — including his income taxes — and refused to place his business and financial holdings in a blind trust allowing Trump and his family to move money and investments around as they see fit.

(h/t Raw Story)

Donald Trump Takes 15th Golf Trip in 11 Weeks Since Becoming President

Donald Trump is taking his 15th golf trip in the 11 weeks since becoming President, as he spends another weekend at one of his own luxury resorts.

The President is coming off the back of a high-stakes summit with Chinese President Xi Jinping, who has closed a sixth of his country’s golf courses since 2011 and will not play a sport which maintains a reputation for decadence and corruption in China.

But President Xi left the President’s luxury Mar-a-Lago resort on Friday night, and by Saturday morning Mr Trump was on the links at his International Golf Club in Florida, the White House press pool was informed.

During a campaign rally last year, Mr Trump referred to a string of his golf clubs when claiming: “You know what – and I love golf – but if I were in the White House, I don’t think I’d ever see Turnberry again, I don’t think I’d ever see Doral again, I own Doral in Miami, I don’t think I’d ever see many of the places that I have.

“I don’t ever think that I’d see anything, I just wanna stay in the White House and work my ass off, make great deals, right? Who’s gonna leave? I mean, who’s gonna leave?”

He is now back on the green for the 15th time since 20 January. The trip also marks the 10th weekend in a row President Trump has spent at one of his own properties.

Thanks in particular to increased security bills at the waterfront Mar-a-Lago resort, he is on course to spend more on travel in a single year than the $97 million Barack Obama spent during his eight years in office.

The billionaire has already racked up $23 million in travel bills, at roughly 10 times the rate of his predecessor.

While still a private citizen, the billionaire tycoon repeatedly criticised former President Barack Obama for playing golf rather than attending to his presidential duties.

“Can you believe that,with all of the problems and difficulties facing the U.S., President Obama spent the day playing golf.,” he wrote in one 2014 tirade.

In a similar attack back in 2013, Fox News pundit and staunch Trump backer Sean Hannity wrote: “Glad our arrogant Pres is enjoying his taxpayer funded golf outing after announcing the US should take military action against Syria.”

In the aftermath of Donald Trump’s cruise missile barrage against a Syrian air base, the tweet is being re-circulated on social media.

(h/t The Independent)

Kushner Left Russian Meetings Off Security Clearance Forms

President Trump’s son-in-law and senior adviser, Jared Kushner, failed to disclose dozens of meetings and contacts with foreign officials in the months before inauguration while he was seeking a top-secret security clearance, The New York Times reported Thursday.

Among the meetings that Kushner omitted from his national security questionnaire were one with Russian Ambassador Sergey Kislyak and another with Sergey Gorkov, the CEO of the Russian state-owned bank Vnesheconombank.

Kushner’s lawyer told the Times that the omissions were an error and that the top White House aide’s office notified the FBI the day after he submitted the questionnaire that he would provide supplemental information. He is now using a temporary security clearance, according to his aides.

“During the presidential campaign and transition period, I served as a point-of-contact for foreign officials trying to reach the president-elect,” Kushner reportedly told the FBI after learning of the omissions, according to a statement provided to the Times by his lawyer.

“I had numerous contacts with foreign officials in this capacity. … I would be happy to provide additional information about these contacts.”

Congressional investigators as well as the FBI are probing Russian election meddling and potential ties between Trump’s team and Moscow. The Senate Intelligence Committee is planning to interview Kushner on his meetings with Kislyak and Gorkov as part of its probe.

The revelation is the latest in a series of ongoing controversies regarding the Trump administration and Russia. Former national security adviser Michael Flynn resigned in February amid reports that he discussed sanctions with Kislyak before Trump took office, and misled top White House officials about the discussions.

Later that month, Attorney General Jeff Sessions was revealed to have met with Kislyak during Trump’s presidential campaign, during which time Sessions was a top surrogate for Trump.

Trump’s Mar-a-Lago Meeting With China’s Xi Jinping Raises Ethics Concerns

President Trump’s first face-to-face meeting today with China’s leader, Xi Jinping, will take place at Mar-a-Lago, the president’s family-owned resort in Florida. The laid-back setting is meant to give the two world leaders a chance to build a rapport, but government ethics experts question whether that’s appropriate.

Past presidents have hosted key leaders at government-owned properties like Camp David, but Mr. Trump is giving a personal touch for Xi.

The U.S.-China relationship has been under pressure over trade, North Korea and China’s expansion in the South China Sea.

As a candidate, Mr. Trump repeatedly blasted China, accusing Beijing of unfair trade practices that he equated to “rape” and “theft,” reports CBS News correspondent Margaret Brennan.

“We give state dinners to the heads of China. I said, ‘Why are you doing state dinners for them?’ They’re ripping us left and right,” Mr. Trump said.

Today the president tries to reboot the relationship by welcoming China’s president and his wife to Mar-a-Lago.

“It’s a venue that connotes the U.S. president is interested in building a personal relationship with Xi Jinping,” said Evan Medeiros, former National Security Commission China director in the Obama administration.

Between trade disputes and the threat of North Korea, the two leaders have plenty to discuss. But exactly where those conversations take place became a concern to Congress after Mr. Trump and Japanese Prime Minister Shinzo Abe appeared to openly discuss North Korea’s missile test over dinner in February.

The government accountability office has now agreed to probe whether Mar-a-Lago has a secure space for classified communications, the type of Secret Service screening measures used on resort guests, and how the government ensures travel-related expenses are fair and reasonable.

“I’m meeting with the president of China on Thursday and Friday in Palm Beach, Florida, and I think we’re going to have a very interesting talk,” Mr. Trump said.

Also in question is whether the Trump family financially benefits from such a high-profile visit.

“The visit and the visit of the foreign leader attracts large amount of publicity, not just domestically but internationally,” government ethics specialist Kathleen Clark said.

Mr. Trump gave up the position of club president before inauguration. His son, Donald Trump Jr., now holds that title, according to a Florida alcohol license obtained by CBS News.

“When President Trump arranges to meet a foreign leader at one of his branded properties like Mar-a-Lago, what he is doing is he is actually using government office for private gain,” Clark said.

The White House has not responded to inquiries about whether or not the Chinese delegation will pay for any services while visiting Mar-a-Lago.

(h/t CBS News)

Trump, Citing No Evidence, Suggests Susan Rice Committed Crime

President Trump said on Wednesday that he thought that the former national security adviser Susan E. Rice may have committed a crime by seeking the identities of Trump associates who were swept up in the surveillance of foreign officials by American spy agencies and that other Obama administration officials may also have been involved.

The president provided no evidence to back his claim. Current and former intelligence officials from both Republican and Democratic administrations have said that nothing they have seen led them to believe that Ms. Rice’s actions were unusual or unlawful. When Americans are swept up in surveillance of foreign officials by intelligence agencies, their identities are supposed to be obscured, but they can be revealed for national security reasons, and intelligence officials say it is a regular occurrence.

“I think it’s going to be the biggest story,” Mr. Trump said in an interview in the Oval Office. “It’s such an important story for our country and the world. It is one of the big stories of our time.”

He declined to say if he had personally reviewed new intelligence to bolster his claim but pledged to explain himself “at the right time.”

When asked if Ms. Rice, who has denied leaking the names of Trump associates under surveillance by United States intelligence agencies, had committed a crime, the president said, “Do I think? Yes, I think.”

Ms. Rice has denied any impropriety. In an interview on Tuesday with MSNBC, she said: “The allegation is that somehow the Obama administration officials utilized intelligence for political purposes. That’s absolutely false.”

Mr. Trump’s comment broke with normal presidential conventions. Presidents traditionally refrain from suggesting that anyone is guilty or innocent of a crime out of concern for prejudicing any potential prosecution or legal proceedings. When they have violated that unwritten rule, defense lawyers have sometimes used a president’s comments to undercut prosecutions.

Mr. Trump did not make clear what crime he was accusing Ms. Rice of committing. It is legal for a national security adviser to request the identities of Americans mentioned in intelligence reports provided to them, and former national security officials said any request Ms. Rice may have made would have been subject to approval by the intelligence agencies responsible for the report.

Leaking classified information could be a crime but no evidence has surfaced publicly indicating that Ms. Rice did that and she flatly denied doing so in the interview with MSNBC. “I leaked nothing to nobody, and never have and never would,” she said.

Mr. Trump criticized media outlets, including The New York Times, for failing to adequately cover the Rice controversy — while singling out Fox News and the host Bill O’Reilly for praise, despite a Times report of several women who have accused Mr. O’Reilly of harassment. The president then went on to defend Mr. O’Reilly, who has hosted him frequently over the years.

“I think he’s a person I know well — he is a good person,” said Mr. Trump, who during the interview was surrounded at his desk by a half-dozen of his highest-ranking aides, including the economic adviser Gary Cohn and Chief of Staff Reince Priebus, along with Vice President Mike Pence.

“I think he shouldn’t have settled; personally I think he shouldn’t have settled,” said Mr. Trump. “Because you should have taken it all the way. I don’t think Bill did anything wrong.”

Mr. Trump described the chemical attack in Syria as a “horrible thing” and “a disgrace.”

“I think it’s an affront to humanity,” he said, adding it was “inconceivable that somebody could do that, those kids were so beautiful, to look at those, the scenes of those beautiful children being carried out.”

Asked about what it meant for Russia’s role in terms of Syria, Mr. Trump said, “I think it’s a very sad day for Russia because they’re aligned, and in this case, all information points to Syria that they did this. Why they did this, who knows? That’s a level first of all they weren’t supposed to have this.”

Mr. Trump again pointed to President Barack Obama for drawing “the red line in the sand, and it was immediately violated, and it did nothing,” and he suggested reporters won’t focus on it.

The president declined to say whether he would speak personally to President Vladimir Putin of Russia.

(h/t New York Times)

Trump Claims Wiretap Tweet ‘Is Turning Out to Be True’

President Donald Trump claimed in an interview Sunday that his unsubstantiated allegation that former President Barack Obama ordered a wiretap of Trump Tower “is turning out to be true.”

Trump launched the explosive claim in a string of March 4 tweets, alleging without evidence that Obama “had my ‘wires tapped’ in Trump Tower just before the victory.” And although no officials have confirmed the veracity of his claims on the record, the president has no regrets.

“I don’t regret anything, because there is nothing you can do about it,” he told Financial Times in an interview published Sunday. “You know if you issue hundreds of tweets, and every once in a while you have a clinker, that’s not so bad.”

Trump said his infamous tweet — “the one about being in quotes wire tapped, meaning surveilled” — “is turning out to be true.”

(h/t Politico)

Reality

To date there is still no evidence to back up Donald Trump’s claim that he was surveilled before the election.

Trump Trust Revised So He Can Take Profits From His Businesses At Any Time

A newly surfaced detail in the trust agreement Donald Trump established to administer his business holdings shows the extent to which the President remains financially wedded to the Trump Organization months after moving into 1600 Pennsylvania Avenue.

As ProPublica reported Monday, Trump added a clause to his trust agreement on Feb. 10 that allows him to withdraw funds at any time from any of his businesses, which number more than 400, without disclosing it publicly.

“The Trustees shall distribute net income or principal to Donald J. Trump at his request, as the Trustees deem necessary for his maintenance, support of uninsured medical expenses, or as the Trustees otherwise deem appropriate,” the document reads.

Before Trump took office, he promised to cede control of the Trump Organization to his two adult sons, who also pledged to keep the President in the dark about the company’s day-to-day operations. As it turns out, Trump not only may continue to withdraw money from his businesses, but his son Eric Trump also has said he plans to give his father regular financial updates. As ProPublica noted, the revised trust agreement stipulates that trustees “shall not provide any report to Donald J. Trump on the holdings and sources of income of the Trust.”

If Trump’s refusal to release any of his tax returns is any indication, the public is unlikely to learn any details about what profits Trump is taking from his businesses while he is in office.

(h/t Talking Points Memo)

Judge to Trump: No Protection for Campaign Rally Speech Inciting Violence

Trump at rally in Louisville, Kentucky

A federal judge has rejected President Donald Trump’s free speech defense against a lawsuit accusing him of inciting violence against protesters at a campaign rally.

Trump’s lawyers sought to dismiss the lawsuit by three protesters who say they were roughed up by his supporters at a March 1, 2016 rally in Louisville, Kentucky. They argued that Trump didn’t intend for his supporters to use force.

Two women and a man say they were shoved and punched by audience members at Trump’s command. Much of it was captured on video and widely broadcast during the campaign, showing Trump pointing at the protesters and repeating “get them out.”

Judge David J. Hale in Louisville ruled Friday that the suit against Trump, his campaign and three of his supporters can proceed. Hale found ample facts supporting allegations that the protesters’ injuries were a “direct and proximate result” of Trump’s actions, and noted that the Supreme Court has ruled out constitutional protections for speech that incites violence.

“It is plausible that Trump’s direction to ‘get ’em out of here’ advocated the use of force,” the judge wrote. “It was an order, an instruction, a command.”

Plaintiffs Kashiya Nwanguma, Molly Shah and Henry Brousseau allege that they were physically attacked by several members of the audience, including Matthew Heimbach, Alvin Bamberger and an unnamed defendant they have yet to be able to identify.

Bamberger later apologized to the Korean War Veterans Association, whose uniform he wore at the rally. He wrote that he “physically pushed a young woman down the aisle toward the exit” after “Trump kept saying ‘get them out, get them out,” according to the lawsuit.

Heimbach, for his part, sought to dismiss the lawsuit’s discussion of his association with a white nationalist group and of statements he made about how Trump could advance the group’s interests. The judge declined, saying such information could be important context when determining punitive damages.

The judge also declined to remove allegations that Nwanguma, an African-American, was the victim of racial, ethnic and sexist slurs from the crowd at the rally. This context may support the plaintiffs’ claims of negligence and incitement by Trump and his campaign, the judge said.

“While the words themselves are repulsive, they are relevant to show the atmosphere in which the alleged events occurred,” Hale wrote.

Lawyers for Trump and his campaign also argued that they cannot be held liable because they had no duty to the plaintiffs, who assumed the risk of injury when they decided to protest at the rally. The judge countered that under the law, every person has a duty to every other person to use care to prevent foreseeable injury.

“In sum, the Court finds that Plaintiffs have adequately alleged that their harm was foreseeable and that the Trump Defendants had a duty to prevent it,” the judge ruled, referring the case to a federal magistrate, Judge H. Brent Brennenstuhl, to handle preliminary litigation, discovery and settlement efforts.

(h/t NBC News)

Reality

You can watch the separate events here:

And here:

 

1 262 263 264 265 266 340