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To: longnshort who wrote (1158686)8/23/2019 8:03:40 AM
From: sylvester80  Respond to of 1574854
 
BOMBSHELL: OVERSTOCK CEO RESIGNS AFTER DISCLOSING ROMANCE WITH RUSSIAN AGENT
By Cade Metz and Julie Creswell
nytimes.com



To: longnshort who wrote (1158686)8/23/2019 8:04:43 AM
From: FJB  Respond to of 1574854
 




To: longnshort who wrote (1158686)8/23/2019 8:07:17 AM
From: Brumar892 Recommendations

Recommended By
rdkflorida2
sylvester80

  Read Replies (1) | Respond to of 1574854
 
That's the guy that lost his job over having sex with Maria Butina. A nutcase.



To: longnshort who wrote (1158686)8/23/2019 8:17:47 AM
From: sylvester80  Respond to of 1574854
 
OOPS! Trump's erratic outbursts show his fear that a recession could sink his reelection campaign, ex-White House officials say
Tom Porter
4h
insider.com


Former Trump administration officials have expressed concern about President Donald Trump's recent behavior, The New York Times reported Wednesday.On Wednesday, Trump shared messages from a conspiracy theorist claiming that Israeli Jews regarded him as the "second coming" of God.On the same day, Trump insulted Danish Prime Minister Mette Frederiksen as "nasty" after she rebuffed his offer to buy Greenland, describing it as "absurd."Former officials who spoke with The Times suggested that the president's increasingly erratic behavior might be linked to private worries that a recession in the US could torpedo his chances of reelection in 2020. Visit Business Insider's homepage for more stories.Former Trump administration officials are concerned about the president's behavior in recent days, speculating that his increasingly erratic outbursts are linked to private worries that a recession in the US could torpedo his chances of reelection in 2020, The New York Times reported Wednesday.

In recent weeks Trump has generated almost daily controversies, several of which came to a head this week.

The past four days have seen approvingly share a tweet where he's described as the "second coming" of God, attack Denmark's prime minister over her refusal to consider selling Greenland, and question the loyalty of Jews who vote for the Democratic Party.

Here's a snapshot of the president's comments so far this week:

On Wednesday, Trump described Danish Prime Minister Mette Frederiksen as "nasty," having previously canceled a visit to Denmark after she dismissed his proposal to buy Greenland as "absurd." Trump later attacked Denmark, a NATO ally, on Twitter over its military spending.Earlier Wednesday, Trump quoted a right-wing conspiracy theorist who claimed that Israeli Jews saw him as the "second coming" and the "King of Israel." In remarks to reporters at the White House later in the day, Trump described himself as the "chosen one" in the trade war against China.On Tuesday, Trump used an anti-Semitic trope in questioning the loyalty of Jews who voted for Democrats. He doubled down on the view in remarks to reporters Wednesday.<div id="embed-663972" class="postload embed-container " data-type="embed" data-embed-type="twitter" data-postload=" —POLITICO (@politico) August 21, 2019 " data-e2e-name="embed-container" data-media-container="embed" style="box-sizing: border-box; margin: 20px 0px;">



POLITICO

?@politico





Donald Trump looked to the sky with his hands raised and said, "I am the chosen one," as he defended his administration's tough stance on trade with China and slammed past U.S. presidents t.co

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11:54 AM - Aug 21, 2019
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The unnamed former officials who spoke with The Times said these outbursts were most likely linked to fears from Trump that the US economy was weakening and might slip into recession in 2020, which could damage his chances of reelection.

Read more: Trump appeared to misunderstand the definition of a recession while arguing that the US having one was a price worth paying

The White House did not immediately respond to a request for comment on the report.

Several reports in recent days have suggested that economic data indicating a recession may be looming has rattled Trump — who has based his case for reelection on the strong performance of the US economy during his presidency.

On Tuesday, Trump told reporters the US economy was strong and recession was not on the horizon, but he has privately expressed worries about the threat of a recession, according to The Washington Post.

Trump insisted on Tuesday that winning his trade war with China was worth the risk of a recession.NICOLAS ASFOURI/AFP/Getty ImagesTrump also said on Tuesday that an economic downturn, if it did happen, would be a price worth paying for winning his trade war with China.



To: longnshort who wrote (1158686)8/23/2019 8:21:49 AM
From: sylvester80  Respond to of 1574854
 
WHY DID ANTI-SEMITE Trump WENT AFTER US JEWS WITH ANTI-SEMITIC COMMENTS? CAUSE A US RECESSION IS NOW 100% GUARANTEED AND IT'S ALL HIS DOING... JUST LIKE HITLER BLAMED JEWS FOR THE BAD ECONOMY!!!!!!



To: longnshort who wrote (1158686)8/23/2019 8:30:12 AM
From: sylvester80  Read Replies (1) | Respond to of 1574854
 
OOPS! 'It's devastating'. End of GM in Ohio town as Trump FAILS to bring back midwest jobs
Adam Gabbatt in Lordstown, Ohio
The GuardianAugust 22, 2019
finance.yahoo.com


Photograph: Allison Farrand/Bloomberg via Getty Images
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For years, the General Motors plant in Lordstown, Ohio, employed 8,000 workers in the Mahoning valley.

In a rust belt region that has become synonymous with industrial decline, following the closure of its once mighty steel mills in the 1970s, the presence of the Chevrolet factory in Lordstown, and its well-paid manufacturing jobs, was particularly important.

Related: 'A kick in the stomach': massive GM layoffs leave workers distraught – and angry

Then, late last year, GM abruptly shut the plant. The company had already scaled back workers at the Lordstown plant, and this closure saw 1,500 workers, the last of the once huge workforce, out of their jobs.

“I think it’s devastating,” said Mark Sweetwood, the managing editor of the Vindicator newspaper, which serves the Mahoning valley.

“I think it was the last holdout of our industrial age.”

The news was just the latest blow in a slow, painful decline in this area. The rust belt was a boom area at the start of the last century, but has suffered more than most from the outsourcing of jobs overseas. Stories of places like Lordstown abound in the midwest, and the angst and anger here is something Donald Trump was able to tap into in 2016 and that helped propel him into the White House.

I think it was the last holdout of our industrial age

Mark Sweetwoo

The closing of the Lordstown factory came after GM said it would cut 14,700 jobs across four plants in the midwest and Canada. That announcement, in November 2018, was in stark contrast to Trump’s election pledge to bring back auto jobs to the region.

Today the plant, which looms behind a “Welcome to Lordstown” sign at the entry to the village, stands as a testament to the hollowness of that promise. In mid-August it was possible to drive into the complex, where huge parking lots – once full of new cars, but now completely empty, with brown weeds growing from cracks in the concrete – stretch as far as the eye can see.

On one side of the factory was a huge sign declaring: “Lordstown, home of the Cruze”. The plant was clad in dull yellow corrugated metal panels, adding to a sense of gloom on a grey, drizzly day.

Lordstown is a small place, essentially a village with a gas station. Warren, five miles north, is more what one would traditionally think of as a town, with a main street, businesses and an impressive 19th-century county courthouse. Away from the pretty town center, however, some of the narrow roads are lined with abandoned homes, while buildings are in varying states of disrepair.

It’s a far cry from the golden years of the 20th century, when the Mahoning valley was colloquially known as Steel valley as the steel industry boomed.



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A home with posters in support of President Trump is seen along Salt Springs Rd near the General Motors plant in Lordstown village. Photograph: The Washington Post/Getty Images
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“You could walk up and get a job. All my family worked in the steel mills. Everybody worked in the steel mills. You could go to any of those places any day and get a job,” said Patricia Galgozy, who has lived in the area for over 80 years.

Galgozy is the executive director of the Turnbull Art Gallery, in downtown Warren. The Foo Fighters rock star Dave Grohl, who was born in the town, recently attended a show there, and large framed photographs of him adorn the walls. The gallery, a non-profit, was in good shape, but Galgozy has seen how the area has changed.

“I see that impact constantly,” Galgozy said. “People can’t find jobs, in my own family. You cannot find jobs around here many times. It does concern me. It makes me sad.”

Despite that, Galgozy says she is positive about the future.

“It doesn’t mean the quality of life doesn’t stay with us,” she said. “I see that we’re fighters. We step up and say what can we do.”

The Lordstown plant manufactured the Chevrolet Cruze, a cost-friendly compact car. It ceased production, with little warning, in March. Some workers were given the option to transfer to other GM plants, either by commuting or leaving the Mahoning valley entirely.

I see that we’re fighters. We step up and say what can we do

Patricia Galgozy

There is a chance that people could be employed at the factory again, with Workhorse, a small company which manufactures “high performance battery-electric vehicles”, linked with buying the Lordstown plant. But Workhorse is beset by its own problems. The company recorded sales of just $6,000 in the second quarter of this year and lost $36.9m.

The consequences of the GM closure are serious. Cleveland State University’s Center for Economic Development estimates that the plant shutting down will have a negative impact of $8bn in the region. It doesn’t help that other big employers have also recently left the area.

“We also lost Allegiance Airlines in 2018. So we lost our airport … and the hospital shut down in 2018 as well,” Sweetwood said.

For longtime residents, the end of the GM era is all too familiar. When the US steel industry collapsed in the late 1970s, the area was decimated. As mills closed in nearby Youngstown and elsewhere, people left the area. The population of Youngstown has halved since 1970, while Warren has lost almost a third of its residents.

“The impact is going to hurt everybody in the community, little by little,” said Al Tate, an 86-year-old who sells fruit and vegetables at the Warren farmer’s market.

Three of Tate’s brothers lost their jobs when the mills closed in the late 1970s. Two of them left to find work, and never returned.

“Others did the best they can, trying to make it,” Tate said. He said people who have lost their jobs at GM now face difficult choices.

“They’re hurt now and they’re going to hurt worse later after their [unemployment] benefits stop,” Tate said.

“If you ain’t got nothing coming in, you’ve got nothing to spend. If you’ve never had to live week-to-week, from month-to-month, it’s hard to understand.”



To: longnshort who wrote (1158686)8/23/2019 8:32:42 AM
From: sylvester80  Respond to of 1574854
 
OOPS! 'A kick in the stomach': massive GM layoffs leave workers distraught – and angry
General Motors
Lordstown, Ohio, was defined by its General Motors plant. Now workers say job cuts threaten the lives they’ve built
Steven Greenhouse in Lordstown, Ohio


A mural in Lordstown, Ohio. The GM plant here employs 1,600 workers. Photograph: Tony Dejak/AP
There’s a sign outside the General Motors assembly plant in Lordstown, Ohio, that reads: “GM, We Invested in You. Now It’s Your Turn to Invest in US.”

Ever since the US’s largest car company’s immense assembly plant opened here 52 years ago, it has dominated this blue-collar town. Now GM workers here are furious that the automaker plans to idle – and perhaps permanently close – the plant.

GM stunned its workforce on 26 November, the Monday after Thanksgiving, by announcing it would cut roughly 14,000 jobs and idle five factories in North America, including the Lordstown plant, which employs 1,600 workers. One factor stoking the workers’ ire is that GM’s move came after American taxpayers rescued it from bankruptcy with a $49.5bn federal bailout in 2009.

While some have blamed Trump policies for the closure, or at least for his inability to stop them, it’s the company that workers hold most responsible.

“Their announcement was really a kick in the stomach,” said Danny Adams, who has worked at the plant since 1996. “It’s not woe is me. It’s woe is us.”

Like many GM workers here, Adams, 53, is worried and bitter, not knowing where he might find a new job and wondering whether he’s too old to train for a new career. Adams could perhaps transfer to another GM plant, but he fears that such a move would be hugely trying for his 15-year-old son.

“This is devastating. This is our livelihood,” said Stephanie Allein, 40, who began working for GM in 2000 and was transferred to Lordstown in 2010.



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Reactions at a union meeting in Oshawa, Ontario, one of the regions also affected by the layoffs. Photograph: Lars Hagberg/AFP/Getty Images“This isn’t my first rodeo,” Allein said. “This is my third GM plant. I’d like to be able to plant my roots somewhere. I feel like a gypsy.” Allein, who helps assemble dashboards, transferred to Lordstown when her GM plant in Shreveport, Louisiana, closed. Before Shreveport, she worked at a GM-owned Delphi auto parts plant in Lockport, New York, which laid her off in 2006.


'No jobs on the horizon': workers respond to General Motors' decision to close plant


Read more

“When I came here,” Allein said, “there was this feeling this plant has been around forever, that this plant wasn’t going anywhere. You felt a security coming here. People bought houses.” The Lordstown facility occupies over 900 acres and has produced more than 16m vehicles, including Pontiac Firebirds and Chevy Cavaliers and Vegas. Last year, it generated $250m in wages, money that was the engine of Lordstown’s economy.

GM’s decision left people fuming, but not without hope, because it didn’t say the plant was closing. Rather, it said the plant was “unallocated”. That day, GM announced it was ending production of the Chevy Cruze in the US – that’s the car the Lordstown plant makes (although GM will continue to produce the Cruze in Mexico along with several crossover vehicles). GM was responding to a slowdown in sales of smaller cars, like the Cruze, and to Trump’s easing fuel economy standards, a move making it easier for automakers to focus on producing larger cars and trucks.

This is devastating. This is our livelihood

Stephanie Allein, autoworkerGM said it was idling Lordstown and four other plants – in Detroit; Baltimore; Warren, Michigan; and Oshawa, Ontario – to cut costs and free up money to invest in electric and autonomous cars. The Lordstown workers hope GM will opt to assemble another car, perhaps an electric car, here. “We should be building the next-generation car here,” Allein said. “We should be building the crossovers here, not in Mexico.”

The workers are also angry that GM, helped by the $1tn corporate tax break enacted last year, has spent nearly $14bn on stock buybacks since 2015, money that could have been invested in developing next-generation vehicles.

There’s a bipartisan push to save the plant. Governor John Kasich, a Republican, Senator Sherrod Brown, a Democrat, and Senator Rob Portman, a Republican, have pressed GM’s chief executive, Mary Barra, to find a way to keep the plant open. Brown, who is contemplating a presidential run in 2020, has urged Trump to back legislation he has introduced that would give consumers $3,500 rebates on American-made cars.



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Mary Barra, the chief executive officer of General Motors, speaks to reporters in Washington. Photograph: Drew Angerer/Getty ImagesUnited Auto Workers Local 1112 here has mounted a letter-writing campaign – including hundreds of letters from children – to urge Barra not to shutter the plant. Jake Shevetz, a second grader, wrote: “I don’t want to move and the families that have to move probably don’t want to. But my mom says if they get something new, we won’t have to move.”

Cheryl Jonesco, who was laid off in early 2017 when the Lordstown plant cut its third shift, said: “They’re receiving our taxpayer dollars and investing in these other countries. I don’t know how Barra can lay in her bed and sleep at night.”

Dave Green, president of UAW Local 1112, said his goal wasn’t just to persuade GM to keep the plant open, but to make sure the workers have alternatives. His local has created a transition center that workers stream into day after day, to ask for help finding another job or getting retraining.

“GM is betraying the American worker, the American taxpayer,” Green said. “Chevrolet is apple pie. It’s an American icon. What disturbs me is GM is going to exit this entry-level segment. If there’s no entry-level cars, what are they going to put people in? Are we going to see Toyota, Honda and Kia gain market share and GM throwing in the towel?”



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Inside General Motors’ Lordstown assembly plant. Photograph: Mark Duncan/APLast April, Ford announced it was eliminating traditional sedans from its US lineup, except for the Mustang, ending production of the Focus, Fusion, Fiesta and Taurus. That came after Fiat Chrysler cut the Dodge Dart and Chrysler 200 to concentrate on more profitable Ram pickups and Jeep SUVs.

Adams says GM is making a strategic mistake by ending US production of the Cruze and several other sedans: the Chevy Impala, Chevy Volt and Buick LaCrosse. “GM had the perfect opportunity to say, ‘We are the only American car manufacturing company that is building cars in the USA.’ They could have been like Harley-Davidson. They missed it right there because they want their pockets full of money.”

In a speech in nearby Youngstown in July 2017, Trump promised to bring back auto jobs. “They’re all coming back,” he said. “Don’t move, don’t sell your house.” Trump has criticized GM about layoffs, but the Lordstown workers say he hasn’t done enough.

“If you’re going to make promises, you got to keep your promises,” Adams said. “I’m sorry. We’re blue-collar. You shake my hand. It’s a promise.”

Many workers suspect that GM announced that it was leaving Lordstown “unallocated” rather than closing it outright in order to pressure the UAW to grant some concessions in next year’s contract negotiations to help persuade GM to keep the plant open.


The latest major Trump resignations and firings

Read more

If that’s GM’s tactic, Adams isn’t buying it. “That’s 100% union-busting,” he said. “They’re just trying to make us beg.”

While the workers feel anger, they also feel a lot of pride. They’re proud that the Cruze and the high marks it received helped restore GM’s reputation after the 2009 bankruptcy. “When we heard the news in November, we went right back to our jobs,” Allein said. “We give 100%. We didn’t give up. I don’t think anybody is ready to give up. No one wants to believe that this is it for Lordstown.”

Steven Greenhouse is the author of the book, Beaten Down, Worked Up: The Past, Present, and Future of America Labor, which will be published in August 2019



To: longnshort who wrote (1158686)8/23/2019 9:27:14 AM
From: FJB  Read Replies (1) | Respond to of 1574854
 
Forget Global Warming and Rising Sea Levels – Obamas Buying $15 Million Martha’s Vineyard Mansion on the Ocean
August 23, 2019, 7:25 am by Cristina Laila