Meanwhile, there was more going on yesterday…then a car crash in California:
Just the thought of this tweet makes me want to puke:
This news here also makes me sick:
Just end this with William Blake:
And that’s all for now… stay safe.
As you know, yesterday the Supreme Court refused to keep Trump’s tax records secret any longer; they will finally be turned over to New York prosecutors who are investigation Trump and his businesses. The New York Times: Supreme Court Denies Trump’s Final Bid to Block Release of Tax Returns.
The Supreme Court on Monday rejected a last-ditch attempt by former President Donald J. Trump to shield his financial records, issuing a brief, unsigned order that ended Mr. Trump’s bitter 18-month battle to stop prosecutors in Manhattan from poring over his tax returns as they investigate possible financial crimes.
The court’s order was a decisive defeat for Mr. Trump, who had gone to extraordinary lengths to keep his tax returns and related documents secret, taking his case to the Supreme Court twice. There were no dissents noted.
From the start, Mr. Trump’s battle to keep his returns under wraps had tested the scope and limits of presidential power. Last summer, the justices rejected Mr. Trump’s argument that state prosecutors cannot investigate a sitting president, ruling that no citizen was above “the common duty to produce evidence.” This time, the court denied Mr. Trump’s emergency request to block a subpoena for his records, effectively ending the case.
The ruling is also a big victory for the Manhattan district attorney, Cyrus R. Vance Jr., a Democrat. He will now have access to eight years’ worth of Mr. Trump’s personal and corporate tax returns, as well as other financial records that Mr. Vance’s investigators view as vital to their inquiry into whether the former president and his company manipulated property values to obtain bank loans and tax benefits….
Prosecutors in Manhattan now face a monumental task. Dozens of investigators and forensic accountants will have to sift through millions of pages of financial documents. Mr. Vance has brought in an outside consulting firm and a former federal prosecutor with significant experience in white-collar and organized crime cases to drill down into the arcana of commercial real estate and tax strategies.
The Supreme Court’s order set in motion a series of events that could lead to the startling possibility of a criminal trial of a former U.S. president. At a minimum, the ruling wrests from Mr. Trump control of his most closely held financial records and the power to decide when, if ever, they would be made available for public inspection.
But the tax returns are not all prosecutors will get their hands on. Mike McIntire at The New York Times: Trump’s Tax Returns Aren’t the Only Crucial Records Prosecutors Will Get.
The New York Times last year provided more or less a preview of what awaits Mr. Vance, when it obtained and analyzed decades of income tax data for Mr. Trump and his companies. The tax records provide an unprecedented and highly detailed look at the byzantine world of Mr. Trump’s finances, which for years he has simultaneously bragged about and sought to keep secret.
The Times’s examination showed that the former president reported hundreds of millions of dollars in business losses, went years without paying federal income taxes and faces an Internal Revenue Service audit of a $72.9 million tax refund he claimed a decade ago.
Among other things, the records revealed that Mr. Trump had paid just $750 in federal income taxes in his first year as president and no income taxes at all in 10 of the previous 15 years. They also showed he had written off $26 million in “consulting fees” as a business expense between 2010 and 2018, some of which appear to have been paid to his older daughter, Ivanka Trump, while she was a salaried employee of the Trump Organization.
The legitimacy of the fees, which reduced Mr. Trump’s taxable income, has since become a subject of Mr. Vance’s investigation, as well as a separate civil inquiry by Letitia James, the New York attorney general….
The tax returns represent a self-reported accounting of revenues and expenses, and often lack the specificity required to know, for instance, if legal costs related to hush-money payments were claimed as a tax write-off, or if money from Russia ever moved through Mr. Trump’s bank accounts. The absence of that level of detail underscores the potential value of other records that Mr. Vance won access to with Monday’s Supreme Court decision.
In addition to the tax returns, Mr. Trump’s accountants, Mazars USA, must also produce business records on which those returns are based and communications with the Trump Organization. Such material could provide important context and background to decisions that Mr. Trump or his accountants made when preparing to file taxes.
John D. Fort, a former chief of the I.R.S. criminal investigation division, said tax returns were a useful tool for uncovering leads, but could only be fully understood with additional financial information obtained elsewhere.
“It’s a very key personal financial document, but it’s just one piece of the puzzle,” said Mr. Fort, a C.P.A. and the director of investigations with Kostelanetz & Fink in Washington. “What you find in the return will need to be followed up on with interviews and subpoenas.”
NYT investigative reporter Suzanne Craig posted a thread with links to more stories about possible criminal activities by the Trump crime family.
Trump is not happy. He released a statement, which you can read here.
Bess Levin at Vanity Fair: Trump Lashes Out At Supreme Court Tax Returns Call Like A Man Who Knows Prison Is In His Future.
In a statement on “The Continuing Political Persecution of President Donald J. Trump,” Trump rants that he is the victim of “the greatest political Witch Hunt in the history of our Country.” Referring to the case the court ruled on, which concerns a subpoena of Trump’s accountants by Manhattan district attorney Cyrus Vance, who has opened a criminal investigation into the ex-president, Trump says, “This is something which has never happened to a President before,” naturally failing to mention the fact that, among past POTUSes, only Trump has a reputation as a notorious con man. Nevertheless, he incomprehensibly continues:
“[This] is all Democrat-inspired in a totally Democrat location, New York City and State, completely controlled and dominated by a heavily reported enemy of mine, Governor Andrew Cuomo. These are attacks by Democrats willing to do anything to stop the almost 75 million people (the most votes, by far, ever gotten by a sitting president) who voted for me in the election—an election which many people, and experts, feel that I won. I agree!
The new phenomenon of “headhunting” prosecutors and AGs—who try to take down their political opponents using the law as a weapon—is a threat to the very foundation of our liberty. That’s what is done in third world countries. Even worse are those who run for prosecutorial or attorney general offices in far-left states and jurisdictions pledging to take out a political opponent. That’s fascism, not justice—and that is exactly what they are trying to do with respect to me, except that the people of our Country won’t stand for it. In the meantime, murders and violent crime are up in New York City by record numbers, and nothing is done about it. Our elected officials don’t care. All they focus on is the persecution of President Donald J. Trump. I will fight on, just as I have, for the last five years (even before I was successfully elected), despite all of the election crimes that were committed against me. We will win!”
So, just to reiterate, Trump—a person who incited a violent riot in the hopes of overturning the election—believes that crimes have been committed against him, and, despite the fact that he literally tried to use the Justice Department to investigate enemies, that he is the victim of political “persecution.”
Jonathan Chait: Donald Trump Is Extremely Mad Prosecutors Will See His Tax Returns.
Donald Trump’s yearslong quest to prevent the public, Congress, or law-enforcement officials from seeing his tax statements came to a resounding end with a unanimous Supreme Court ruling. He did not take the defeat in stride. Instead, the former president released a statement that, even by Trumpian standards, brims with anger.
Trump’s response bears every hallmark of an authentically Trump-authored text, as opposed to the knockoff versions produced by his aides. It is meandering, filled with run-on sentences, gratuitous insults, and exclamation points. Trump’s position on the tax returns rests on a series of assertions, ranging from his false claim that Robert Mueller found “No Collusion” to his insistence that he actually won the 2020 election to his extremely ironic complaint that prosecutors targeting their political opponents is “fascism, not justice.” (Trump, of course, spent his presidency publicly demanding his Attorneys General investigate his political rivals.)
The statement does contain one unambiguously true point: “This is something which has never happened to a president before.” That’s correct, because every president for the past several decades has voluntarily released his financial information. Only Trump refused….
His outpouring of rage that Manhattan district attorney Cyrus Vance will finally have access to his financial documents suggests the only plausible reason for Trump’s evident dismay: He is very scared of being charged with crimes.
Here’s a little comedy interlude:
More stories to check out today:
The Washington Post Editorial Board: Opinion: Now Republicans are offended by mean tweets?
Axios: Scoop: Biden’s OMB Plan B.
That’s it for me. What stories are you following? Are you watching the Senate hearing on the Capitol riot?
Good Day Sky Dancers!
I’ve been watching the Merrick Garland confirmation and have been just so overwhelmed with wonky joyness over the discussion between Senator Amy Klobucher from Minnesota and the Judge up for the AG position. I’ve been hearing basic American Economic liberty concepts like tougher Merger & Analysis scrutiny and trust law enforcement for huge, monopolistic companies including all the usual suspects in social media.
Then, I watched him worddance with glee around some Republican Senator obsessed that their gun fetish and penis enhancer opportunities would be stolen in the name of protecting citizens from armed terrorists and criminals. He waltzed around them like a professional ballroom dancer.
I feel ready to bring out my Nina Simone again! It’s a new dawn! It’s a new day!
Merrick Garland: “I would not have taken this job if I thought that politics would have any influence over prosecutions and investigations.”
More on that in a minute. Here’s a bit of good news via the Supreme Court with the exception of Uncle Clarence Thomas who still is looking to convince every one he’s just a melatonin-capable version of wipipo. They did, however, reject Stormy Daniel’s appeal of her defamation of character suit against Trump.
Daniels, whose real name is Stephanie Clifford, sued Trump in 2018 after he suggested on Twitter that Daniels had lied about being threatened by an unknown man in 2011 in relation to her alleged affair with the former president.
Daniels appealed to the Supreme Court after her case was dismissed in the lower courts. The justices on Monday denied her petition without comment.
Oh, and I’m not quite done with Ted Cruz memes either. I think JJ, BB, and I have all had a lot of fun with them this week but not quite enough. But anyway, here’s the other SCOTUS decision for NYC.
More from Scotus Blog from Amy Howe: “Justices will not block New York grand jury subpoena for Trump’s records.”
The Supreme Court on Monday cleared the way for a New York grand jury to obtain former President Donald Trump’s financial records. Over four months after Trump asked them to intervene, the justices turned down a request by the former president to stay a ruling by the U.S. Court of Appeals for the 2nd Circuit that permits Cyrus Vance, the district attorney for Manhattan, to enforce a subpoena to Mazars USA, the president’s longtime accountant. Monday’s order means that Vance and the grand jury likely will finally acquire eight years of Trump’s tax returns and other related records, although grand jury secrecy laws may preclude them from becoming public.
The court’s order came in a dispute that began in 2019, when Vance issued a subpoena to Mazars as part of a state grand jury’s investigation into criminal violations of New York law. The investigation includes a probe into hush-money payments that were made to two women who claimed to have had affairs with Trump. A federal district court in New York and the 2nd Circuit rebuffed the president’s request to quash that subpoena, prompting Trump to appeal to the Supreme Court. The justices ruled in July that the president is not categorically immune from state criminal subpoenas, but they sent the case back to the lower courts to allow the president to challenge the subpoena on other grounds.
When the case returned to the district court, the president again asked the judge to quash the subpoena, arguing that it was a “fishing expedition” issued in “bad faith” to harass him. But the judge rejected the president’s contention and granted Vance’s motion to dismiss the president’s claims, prompting the president to appeal to the 2nd Circuit, which upheld that ruling.
So, this is where the Trump family crime syndicate gets its fortunes, freedom, and time ate up by courts, lawyers, and fees. And this is where he looks to use Republicans again for fundraising and personal gain. From Axios and Mike Allen: “Scoop: Trump to claim total control of GOP.” Couldn’t happen to a better group of insurrection enablers.
In his first post-presidential appearance, Donald Trump plans to send the message next weekend that he is Republicans’ “presumptive 2024 nominee” with a vise grip on the party’s base, top Trump allies tell Axios.
What to watch: A longtime adviser called Trump’s speech a “show of force,” and said the message will be: “I may not have Twitter or the Oval Office, but I’m still in charge.” Payback is his chief obsession.
Axios has learned that Trump advisers will meet with him at Mar-a-Lago this week to plan his next political moves, and to set up the machinery for kingmaking in the 2022 midterms.
- Trump is expected to stoke primary challenges for some of those who have crossed him, and shower money and endorsements on the Trumpiest candidates.
- State-level officials, fresh off censuring Trump critics, stand ready to back him up.
Why it matters: Trump’s speech Sunday at CPAC in Orlando is designed to show that he controls the party, whether or not he runs in 2024.
- His advisers argue that his power within the GOP runs deeper and broader than ever, and that no force can temper him.
- “Trump effectively is the Republican Party,” Trump senior adviser Jason Miller told me. “The only chasm is between Beltway insiders and grassroots Republicans around the country. When you attack President Trump, you’re attacking the Republican grassroots.”
The big picture: The few Republicans who have spoken ill of Trump since the election — including House members who voted to impeach him, and senators who voted to convict — have found themselves censured, challenged and vilified by the parties in their home states.
What’s next: Trump’s leadership PAC, Save America, has $75 million on hand, and he has a database of tens of millions of names.
The long game: Many Trump confidants think he’ll pretend to run but ultimately pass. He knows the possibility — or threat — gives him leverage and attention.
A Trump source said some Republicans have told him: “If you endorse me, I’ll run.”
Hope he keeps their nuts in cracker for a few years at least a few years. So, back to the Merrick. Garland Hearing and Senator Klobucher whom I still love from the presidential primaries.
This is the sort of thing economists live for … And of course the Republican think he’s going to make the DOJ a hotbed of political activism and gunhating. They’re just the part of white outrage and hypocrisy any more with Tax Cuts for the rich thrown in.
Additionally, there was a strong statement on the current state of Domestic Terrorism which is probably why the gun nut senators were out in force today. From Chris Strohm at Bloomberg: ”
“We are facing a more dangerous period than we faced in Oklahoma City,” said Garland, who led the prosecution of the worst domestic attack in the U.S., the truck bombing of the federal building there in 1995.
Garland, who’s now a judge on the U.S. Court of Appeals for the District of Columbia, appears headed for a bipartisan vote of approval in the Senate. Senator Chuck Grassley of Iowa, the committee’s top Republican, called Garland “a good pick to lead the Department of Justice,” and Republican Senator Lindsey Graham said he’s “very inclined” to support him.
As the Justice Department pursues criminal cases stemming from the Capitol riot, Garland pledged to lead the effort. “If confirmed, I will supervise the prosecution of white supremacists and others who stormed the Capitol on Jan. 6 — a heinous attack that sought to disrupt a cornerstone of our democracy: the peaceful transfer of power to a newly elected government,” he said.
Garland also signaled he’ll make decisions independently from Biden. “The president nominates the attorney general to be the lawyer — not for any individual, but for the people of the United States,” he said.
All of this is still very much breaking news as the hearing continues/
So, I’ll let us continue the discussion down thread as we continue to learn more about Garland and his views. Sen. Lindsey Graham asked Judge Merrick Garland the single most idiotic question I’ve seen so far .
“Do you promise to defend the Portland courthouse against anarchists?”
Next he’ll be asking to check the Biden Dog Beds for hidden communists I suppose.
So, hope everything is okay with y’all and you’re up for the vaccine or done with them by now! It’s warming up down here so I’m feeling much better just with that!
What’s on your reading and blogging list today?
On to a few serious issues…
We’ve reached the end of another week in the post-Trump era, and we continue to deal with crises that developed and worsened during the monster’s regime. It’s clear that it will take a long time to recover–if recovery is even possible. On the plus side, it’s great to have a normal president again–a person with empathy and compassion–and a caring, engaged first lady, and White House pets!
Biden’s Covid relief package appears to be on track for passage, despite the efforts of Republicans in Congress. The New York Times: Republicans Struggle to Derail Increasingly Popular Stimulus Package.
Republicans are struggling to persuade voters to oppose President Biden’s $1.9 trillion economic rescue plan, which enjoys strong, bipartisan support nationwide even as it is moving through Congress with just Democratic backing.
Democrats who control the House are preparing to approve the package by the end of next week, with the Senate aiming to soon follow with its own party-line vote before unemployment benefits are set to lapse in mid-March. On Friday, the House Budget Committee unveiled the nearly 600-page text for the proposal, which includes billions of dollars for unemployment benefits, small businesses and stimulus checks.
Republican leaders, searching for a way to derail the proposal, on Friday led a final attempt to tarnish the package, labeling it a “payoff to progressives.” The bill, they said, spends too much and includes a liberal wish list of programs like aid to state and local governments — which they call a “blue state bailout,” though many states facing shortfalls are controlled by Republicans — and increased benefits for the unemployed, which they argued would discourage people from looking for work.
Out in the real world, even Republican voters support the relief bill.
More than 7 in 10 Americans now back Mr. Biden’s aid package, according to new polling from the online research firm SurveyMonkey for The New York Times. That includes support from three-quarters of independent voters, 2 in 5 Republicans and nearly all Democrats. The overall support for the bill is even larger than the substantial majority of voters who said in January that they favored an end-of-year economic aid bill signed into law by President Donald J. Trump.
While Mr. Biden has encouraged Republican lawmakers to get on board with his package, Democrats are moving their bill through Congress using a parliamentary process that will allow them to pass it with only Democratic votes.
“Critics say my plan is too big, that it cost $1.9 trillion dollars; that’s too much,” Mr. Biden said at an event on Friday. “Let me ask them, what would they have me cut?”
House Republican leaders on Friday urged their rank-and-file members to vote against the plan, billing it as Speaker Nancy Pelosi of California’s “Payoff to Progressives Act.” They detailed more than a dozen objections to the bill, including “a third round of stimulus checks costing more than $422 billion, which will include households that have experienced little or no financial loss during the pandemic.” Ms. Pelosi’s office issued its own rebuttal soon after, declaring “Americans need help. House Republicans don’t care.”
The Manhattan District Attorney’s office is moving forward with it’s investigation of Trump’s finances. Reuters: Exclusive: New York City tax agency subpoenaed in Trump criminal probe.
The Manhattan District Attorney’s Office has subpoenaed a New York City property tax agency as part of a criminal investigation into Donald Trump’s company, the agency confirmed on Friday, suggesting prosecutors are examining the former president’s efforts to reduce his commercial real-estate taxes for possible evidence of fraud.
The subpoena issued to the New York City Tax Commission is the latest indication that Manhattan District Attorney Cy Vance Jr. is looking at the values Trump assigned to some commercial properties in tax filings and loan documents.
Along with information already subpoenaed from creditors, the tax agency documents would help investigators determine whether Trump’s business inflated the value of his properties to secure favorable terms on loans while deflating those values to lower tax bills for those same properties….
The subpoena likely would compel the agency to provide detailed income and expense statements the Trump Organization would have filed as part of an effort to lower tax assessments on some of its commercial properties, according to people familiar with the commission’s operations. Trump’s holdings include Trump Tower and Trump Plaza.
Those filings typically would include valuations submitted by the company to challenge the market values assigned to Trump’s property by the city’s tax assessors, they added.
Subpoenas also have been issued to at least two creditors that helped finance Trump’s real-estate holdings, Deutsche Bank AG and Ladder Capital Finance LLC, Reuters has previously reported.
The Federal investigation into the January 6 insurrection is continuing to heat up.
The Washington Post: U.S. investigating possible ties between Roger Stone, Alex Jones and Capitol rioters.