Washington D.C.

EU To Retaliate "Within Days" If US Imposes New Sanctions On Russia

According to an internal memo leaked to the press, Brussles said it should act "within days" if new sanctions the US plans to impose on Russia prove to be damaging to Europe’s trade ties with Moscow. Retaliatory measures may include limiting US jurisdiction over EU companies.

Is This The New Media Normal: Manufactured News For Hire?

"The Trump-Russia story has frequently been likened to Watergate, a specious comparison since the latter started with evidence of a crime and the former with publication of an anthology of fables, pornography, and Russian-sourced disinformation put together and distributed by partisan political operatives....as comms shops-for-hire like Fusion GPS have assumed the role that the American press used to occupy."

Man Behind Trump "Dossier" Subpoenaed After Refusing To Testify, Will Plead The Fifth

For all the talk of obstruction and interference by the Trump camp, it's neither Donald Trump Jr. nor Paul Manafort who are challenging their scheduled testimony in the Senate next Wednesday, but rather the man who according to many started the whole "Trump Russia collusion" narrative, who is doing everything in his power to avoid testifying next week.

Frontrunning: July 21

  • Euro surge to two-year high prompts stocks pause (Reuters)
  • Short Sellers Give Up as Stocks Run to New Records (WSJ)
  • U.S. toughens stance on foreign deals in blow to China's buying spree (Reuters)
  • Trump team seeks to control, block Mueller’s Russia investigation (WaPo)
  • Trump Would Set Off a Chain Reaction by Trying to Fire Mueller (BBG)

The Feds Just Expanded Civil Asset Forfeiture 'Laws' Nationwide

Local police will now be able to seize cash, often from those suspected of drug crimes, even in states that do not condone the policy...the federal program returns cash directly to the police department that took the asset... " It is an effort to empower law enforcement,"

Maxine Waters' Contributions Collapse As Her "Resist 45" Efforts Fail To Inspire

Maxine Waters, the Democratic Representative from the progressive paradise of California, has been an active participant in the "Resist 45" movement.  Of course, it's somewhat likely that all of her grandstanding has been nothing more than a political stunt designed to raise extra cash for the Democratic Party.  But, the only problem with the plan is that it doesn't seem to be working at all.