Sunday, October 01, 2017

Friends of Trump. Friends of Putin.

The Dutch investigative reporting unit Zembla working with the American newspaper group McClatchy has been tracking the multi-billion dollar transfers of money from around the world into Trump properties, notably Trump Soho, which Trump built with Russian mob figure Felix Sater. This three part documentary follows the money.

The documentary that follows the money trail from central Asia into Trump Soho and other properties.

Trump warned this summer that special prosecutor Mueller had better not look into his financial history. It seems clear why Trump is afraid of this. Trump made loud assurances that he had no investments in Russia. (But did he have Russian millions invested in his properties here and elsewhere?) He said he had no loans IN Russia. (Did he get multi-million or multi-billion dollar loans FROM Russia?)

Trump’s financial history is a roller coaster of boom and bust. Fabulous accumulations of cash followed by spectacular collapses that ruined thousands of investors, but left Trump flush with money. This is how confidence schemes work: draw the money in, then loot the money out, hiding it via multiple shell companies and flipped transactions. In many cases the collapse is carefully planned (think Mel Brooks’s The Producers, minus the comedy.) Much of the cash that built and purchased various Trump properties, notably Trump Soho, is alleged to have been looted from Kazakhstan and other countries, then laundered through hundreds of shadowy companies in financial centers like the Netherlands and London and Cyprus. (One of the banks in Cyprus targeted by money-laundering investigations is co-owned by Trump’s Secretary of Commerce and a Russian oligarch closely allied with Putin.)

This is the pattern of international fraud which loots economies and impoverishes law abiding workers around the world. Trump himself has a long history of stiffing people and companies who do work for him, building and furnishing and servicing his properties, and daring them to sue. So Trump himself behaves like these international crooks by looting the legitimate earnings of working people and hiding those millions where they are hard to locate. One of Trump’s favorite counterarguments when the Russia investigation is raised is to say that we should quit targeting the fine people of Russia. But the investigations are not targeting the fine people of Russia, they are targeting the criminals who stole billions from the fine people of Russia, the working people of Russia and other countries. Trump may not be the biggest villain in the world of global kleptocracy, but he has been in bed with the kleptocrats for decades. The biggest global kleptocrat today appears to be Putin himself, Trump’s role model and possible sugar daddy. While Trump rubbishes the victims of mass theft and fraud in carefully looted and impoverished parts of the world, he praises and kneels to the billionaires who profited from looting them and admires their “leadership”.

Former FBI man Mark Felt gave Woodward and Bernstein some famous advice in 1972 when they were investigating the crimes of the Nixon White House: “Follow the Money.” Following the money has grown more complicated over recent decades as the looting and fraud and money laundering has grown more massive and sophisticated and compliant governments have made the legal system more hospitable to fraud and looting and money laundering. (One example being Trump's abrupt lifting of the financial regulations and safeguards put in place by Obama after the financial crisis of 2008-9.)

Follow the money to discover the crimes of people like Trump, but also examine the company they keep. Trump has been tight with unsavory characters for many years, both the famous and the infamous, shadowy mobsters and nasty celebrities as well as leaders of corrupt and brutal regimes.

What is it about Trump's and Putin's bromances with the ugliest kinds of celebrity, people like Steven Seagal and Gerard Depardieu.

Why does Trump never say a critical or unpleasant word to or about Putin? Maybe he just admires the guy. Or maybe he is afraid to. To paraphrase the saying Gordon Liddy had on the wall in his office “When you have them by their junk [their global investments] their hearts and minds will follow.” We’ve long suspected that Putin holds Trump hostage via money, and Sec. of State Tillerson too. It appears that Russians put Trump’s fortunes in order after at least one bankruptcy. Is he still on the hook to them, and for how much?

Question: why appoint as Secretary of State an oil company CEO who organized the largest oil deal in history with Putin himself?

Big money deals buy a lot of boot-licking but it's not good for America when the licking is being done by our government, with foreign enemies praised and admired while traditional allies are insulted.

I like Gary Kasparov’s phrase “Reputation Laundering”, which describes what Trump is doing for Putin and what the GOP has done for Trump and Putin.

When our president lives off the profits of shady money and global criminality it quickly corrupts how we operate in the world. It stains our national reputation, our global standing.

F.O.P. “Friends of Putin” populate the world of big money. From the Financial Times.

It’s enlightening to look at the kind of scummy creatures who are friends of Putin’s, the kinds of things they do, the things they say, the scummy things they approve of and the decent things and people they ridicule.

It’s also worth looking at the list of Putin’s former friends. Many of them have died in unpleasant and sudden ways.

Reported in March by the Chicago Tribune.

A more recent article about Russian hits on Putin critics––from the New Yorker.

From Vox, a list of the dead.

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Tuesday, August 01, 2017

Russiagate: Do We Follow the Money or Follow the Dead Bodies?

Follow the Money:

From USAToday (middle America's newspaper) there's this story about Trump's fear that his finances will be looked into. It's a rational fear, but it's making him irrational.

"The [Mueller] investigation could shine renewed light on eyebrow-raising deals from Trump’s past, such as his 2008 sale of a South Florida mansion to Russian tycoon Dmitry Rybolovlev for $95 million or the international financing behind a condo-hotel he developed with foreign partners in New York’s SoHo neighborhood.

"It could also pierce the increasing secrecy around who is buying real estate from Trump. A USA TODAY investigation last month revealed that 70% of Trump real estate sales since he won the GOP nomination were to secretive shell companies, compared to 4% in the two years before that. The clear shift to those kinds of purchases, which help obscure the identities of the buyers, raise questions about the source of profits that ultimately flow to the President because he has not fully divested from his companies."


There's also this USAToday story about Trump's financial dealings and the cookie crumbs leading to Moscow.

Follow the Dead Bodies:

From BuzzFeed, there is this story about the latest murder of a witness before he could testify in the Russia investigation.

"Vladimir Putin’s former media czar was murdered in Washington, DC, on the eve of a planned meeting with the US Justice Department, according to two FBI agents whose assertions cast new doubts on the US government’s official explanation of his death.

"Mikhail Lesin’s battered body was discovered in his Dupont Circle hotel room on the morning of Nov. 5, 2015, with blunt-force injuries to the head, neck, and torso. After an almost yearlong "comprehensive investigation," a federal prosecutor announced last October that Lesin died alone in his room due to a series of drunken falls “after days of excessive consumption of alcohol.” His death was ruled an "accident," and prosecutors closed the case.

"But the two FBI agents — as well as a third agent and a serving US intelligence officer — said Lesin was actually bludgeoned to death. None of these officials were directly involved in the government’s investigation, but they said they learned about it from colleagues who were.

"“Lesin was beaten to death,” one of the FBI agents said. “I would implore you to say as much. There seems to be an effort here to cover up that fact for reasons I can't get into.”"


This article from The Atlantic covers the testimony of William Browder regarding the murder-in-custody of his lawyer, which prompted the Magnitsky Act sanctions in the first place.

"There are approximately ten thousand officials in Russia working for Putin who are given instructions to kill, torture, kidnap, extort money from people, and seize their property. Before the Magnitsky Act, Putin could guarantee them impunity and this system of illegal wealth accumulation worked smoothly. However, after the passage of the Magnitsky Act, Putin’s guarantee disappeared. The Magnitsky Act created real consequences outside of Russia and this created a real problem for Putin and his system of kleptocracy.

"For these reasons, Putin has stated publicly that it was among his top foreign policy priorities to repeal the Magnitsky Act and to prevent it from spreading to other countries. Since its passage in 2012, the Putin regime has gone after everybody who has been advocating for the Magnitsky Act.

"One of my main partners in this effort was Boris Nemtsov. Boris testified in front of the U.S. Congress, the European Parliament, the Canadian Parliament, and others to make the point that the Magnitsky Act was a “pro-Russian” piece of legislation because it narrowly targeted corrupt officials and not the Russian people. In 2015, Boris Nemtsov was murdered on the bridge in front of the Kremlin.

"Boris Nemtsov’s protégé, Vladimir Kara-Murza, also traveled to law-making bodies around the world to make a similar case. After Alexander Bastrykin, the head of the Russian Investigative Committee, was added to the Magnitsky List in December of 2016, Vladimir was poisoned. He suffered multiple organ failure, went into a coma and barely survived.

"The lawyer who represented Sergei Magnitsky’s mother, Nikolai Gorokhov, has spent the last six years fighting for justice. This spring, the night before he was due in court to testify about the state cover up of Sergei Magnitsky’s murder, he was thrown off the fourth floor of his apartment building. Thankfully he survived and has carried on in the fight for justice."


And while Putin is whacking witnesses and Trump is trying to kill investigations, the Republican apparatus is busy cooking up bogus stories like the one Seth Rich's family is filing suit over. Any time there is a murder the Right will seek to pin it on Democrats.

Trump admires Putin. Trump envies Putin for his ability to assert power however he wishes. Putin is Trump’s role model. Trump would like to change America to make it more like Russia, more of a brutal autocracy in which the elite loots the nation’s wealth and evades the taxes everyone else pays. So what else is new? We already knew all this. Trump has planned all along to turn the United States into a kleptocracy.

A new piece from VOX about Trump's plans for American kleptocracy.

Putin’s Russia is not a free market economy but a kleptocracy, in which Putin skims billions off of every transaction and every deal, in which nobody has wealth or power without Putin taking his cut. What happens to this massive wealth is not good for Russians because it is parked offshore. A lot of it appears to have been laundered through high end real estate transactions here in the U.S., some of them via Trump and Kushner and their associates. (Trumps Commerce Secretary owned and ran a Cypriot bank that was one of the favorite money-laundries used by Putin’s oligarch cronies.) Think of these helpful real estate tycoons as fences receiving stolen goods, in this case those goods are the wealth of an entire country. You might say this isn’t important to Americans, that it may even be good for Americans because they are parking their billions here. The danger is the corruption of our economy, and the corruption of our democracy if our president is a willing money launderer and a co-conspirator with a global criminal gang.

Is it safe for us to think of all these billions being invested in U.S. real estate as a good thing with no down side? The wealth that the Nazis stole from the Jews of Germany and Europe was rationalized to the German people as a confiscation that would benefit them, but it corrupted them and it murdered six million Jews/liberals/gays/minorities; millions of German gentiles also died in the catastrophe that ensued.






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Sunday, May 14, 2017

Angry 70 Year Old Man Barricaded In DC Mansion

We wake up every morning wondering if it’s still true. Is Trump still president. If a President Hillary Clinton had presided the way Trump has these 100+ days she’d be on her way out. Congress would have had bills of impeachment prepared before she’d given her victory speech on November 9th. The pitchforks and torches and nooses were out for Hillary from the moment she announced her candidacy. From that date on the Republican Congress had busied itself with hearings and subpoenas. The investigative committee chairs had installed a teleport to transport them quickly onto FoxNews the moment they left the floor.

Jason Chaffetz was one of the most dogged accusers. He never let up. His goal in life was to jail Hillary Clinton. When FBI director James Comey found “carelessness” but no criminality, the Republicans were furious. They felt betrayed, as if they had a contract promising them that the investigation would serve her up to them. The line in Alice In Wonderland is “Sentence First. Verdict Afterwards.” Jason Chaffetz embraced the role of the Red Queen. He’d turned his congressional seat into a prosecutor’s office, an inquisitor’s office.

So when the Trump presidency debuted with its own palpable and juicy prosecutable charges hung round the president’s and his staff’s necks you’d expect an eager prosecutor would get to work.

But Chaffetz seemed bored with the allegations against Trump. Betraying our country to Russia? Meh. Using the presidency to enrich himself? Who cares. Chaffetz’s response when asked about Trump’s many disturbing and possibly incriminating financial entanglements and the glaring conflicts of interest was especially peculiar:

“He’s already rich.”

Meaning? The only meaning we can deduce is that Jason Chaffetz and his fellow Republicans believe it’s OK for a rich person to engage in criminal behavior. A rich person is allowed to enrich himself further by illegal means. A rich person is allowed to turn the Oval Office into a moneymaking machine. When a relatively middle class person enters the White House, say a Bill Clinton, it’s a different matter. Then they investigate. Republicans are immune. Rich people are immune.

Reported in The New Yorker

Reported at greater length in The Atlantic

The danger Trump presents is increased because the Republicans in Congress are so craven, so obedient, so partisan. James Fallows writes about this in The Atlantic, giving five reasons why Kremlingate is worse than Watergate.

This article from The American Interest examines Trump’s Russia entanglements.

"Whatever the nature of President-elect Donald Trump’s relationship with President Putin, he has certainly managed to accumulate direct and indirect connections with a far-flung private Russian/FSU network of outright mobsters, oligarchs, fraudsters, and kleptocrats. Any one of these connections might have occurred at random. But the overall pattern is a veritable Star Wars bar scene of unsavory characters, with Donald Trump seated right in the middle. The analytical challenge is to map this network—a task that most journalists and law enforcement agencies, focused on individual cases, have failed to do.”

It appears that Donald Trump has been a very useful asset in a massive and long-running Russian money laundering scheme.

Vanity Fair explains why a note from your lawyer won’t get you off the hook, especially if that lawyer was named Russia’s Lawyer of the Year.

When I heard Trump promise that a “certified letter” would clear him of any wrongdoing I laughed. As if the Post Office, for an additional fee, will certify the truthfulness of a letter. (That joke appeared on SNL last night so I wasn’t the only one who thought of it.)

This Dutch documentary goes into Trump’s deep ties to Russian mobsters. All Russian mobsters still living operate as Putin henchmen.

Google Trump and Bayrock and Russia and you find some interesting stories, all about money laundering, the looting of the Russian economy, and the rescue of a bankrupt Trump over the years. There's more than one way to launder a ruble.

This one's from the Guardian.

The reliably conservative Chicago Tribune has this to say:

“We have the tin-pot leader whose vanity knows no bounds. We have the rapacious family feathering their nests without regard for the law or common decency. We have utter disregard for values at home and abroad, the disdain for democracy, the hunger for constraining a free press, the admiration for thugs and strongmen worldwide.”

The New Yorker's Amy Davidson analyzes the problems Trump created in his Lester Holt interview.

Trump’s business dealings are under scrutiny by the Senate. From the New Yorker.

Mother Jones gets down to the facts in the Russia story.

The White House staff meanwhile is in turmoil. Staffers responding with “Jesus!” when they see Trump’s latest tweets. From The Daily Beast.

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Thursday, March 30, 2017

A Bridge of Lies Leads Back to the White House

Josh Marshall at TalkingPointsMemo:

"People who don't even appear to be that close to the action keep getting pulled under for what seem like needless deceptions. When we see this kind of pattern, the answer is usually that the stuff at the center of the scandal is so big that it requires concealment, even about things distant from the main action, things that it would seem much better and less damaging simply to admit."

From WhoWhatWhy.org:

"a two-month WhoWhatWhy investigation has revealed an important reason the Bureau may be facing undisclosed obstacles to revealing what it knows to the public or to lawmakers.

"Our investigation also may explain why the FBI, which was very public about its probe of Hillary Clinton’s emails, never disclosed its investigation of the Trump campaign prior to the election, even though we now know that it commenced last July.

"Such publicity could have exposed a high-value, long-running FBI operation against an organized crime network headquartered in the former Soviet Union. That operation depended on a convicted criminal who for years was closely connected with Trump, working with him in Trump Tower — while constantly informing for the FBI and the Department of Justice (DOJ), and being legally protected by them."


From The New Yorker’s Ryan Lizza:

“The evidence is now clear that the White House and Devin Nunes, the chairman of the House Intelligence Committee, have worked together to halt what was previously billed as a sweeping investigation of Russian interference in last year’s election.”

They believe what we don’t know can’t hurt them. Their aggressive cover-up indicates there must be a lot to cover up.


Pulitzer Prize winning financial reporter David Cay Johnston asks you this question: Why do you think Trump appointed Putin’s and Russian mobsters’ favorite money launderer as our new Secretary of Commerce?

The Guardian reports here on Wilbur Ross’s partnership with the Russian mobster in the Cypriot bank where Russian mobsters launder their money.

Bloomberg reports here on the network of Russian oligarchs who Trump has ties with.

USAToday, the very middle American newspaper that caters to the great silent majority, is beginning to describe Trump’s behaviors and connections as criminal. They’ve also noticed that he is a pathological liar. You can read their story here.

"Trump told reporters in February: "I have no dealings with Russia. I have no deals that could happen in Russia, because we’ve stayed away. And I have no loans with Russia. I have no loans with Russia at all.”

Yet in 2013, after Trump addressed potential investors in Moscow, he bragged to Real Estate Weekly about his access to Russia's rich and powerful. “I have a great relationship with many Russians, and almost all of the oligarchs were in the room,” Trump said, referring to Russians who made fortunes when former Soviet state enterprises were sold to private investors.

Five years earlier, Trump's son Donald Trump Jr. told Russian media while in Moscow that “Russians make up a pretty disproportionate cross section of a lot of our assets" in places like Dubai and Trump SoHo and elsewhere in New York.

Not only is Trump lying about his collusions and entanglements with Russia and Putin and Putin's criminal underworld, he is very aggressively preventing others from telling the truth about these things. Read more complete reporting on this at New York Magazine.

When Devin Nunes (who chairs the House Intelligence Committee and is responsible for driving it into the ditch) discovered that former acting AG Sally Yates was going to speak about things that might tend to implicate President Trump he acted like a perfect henchman and immediately put the kibosh on her testifying. Congress's newspaper, The Hill, goes into that duplicity and mischief here.

Politico is also reporting that Sally Yates planned to discuss what she had learned in her investigation of the Russia-Putin-Trump-White House conspiracy, (read Politico's article here) but the Republicans have muzzled her and derailed the committee. It’s bizarre for an oversight committee chair to think it’s his job to help the people being investigated get off the hook. Judging by the way Republicans hounded Secretary Clinton over recent years, it seemed like they felt it was their job to get innocent people on the hook by simple persistence. In both instances their method involves ignoring facts, facts that tend to incriminate Trump and his co-conspirators are ignored or buried, and facts that exculpate any Democrat they want to jail are ignored and dismissed.

It appears that White House officials are feverishly wiping incriminating material off their phones and computers (reported by The Independent of London) which means they would prefer to go to prison for obstruction of justice than be hung for treason. Covering up and lying and obstruction is what sent various Watergate conspirators to jail while their boss retired to his expensive home with its view of the ocean. This might happen again.

This isn’t just a foreign conspiracy, it has its domestic skulduggery too. American conspirators also worked to divert Americans’ attention away from the fealty Trump owed to the Russians and strong-arm the FBI into derailing the Hillary Clinton campaign, which was Putin's ultimate goal. Trump’s little helpers in this were the ubiquitous Rudy Giuliani and private global security tycoon and private army contractor Erik Prince, who used their deep leverage within the FBI to corrupt the investigatory process. (Reported at Huffington Post)

Rachel Maddow has been all over this story, synthesizing and explaining the many complex threads of the conspiracy as they come to light. Last night she turned her attention to Trump son-in-law and male model Jared Kushner:

A good daily routine to follow if you want to track this story is to watch Rachel Maddow's nightly reporting on it.

ThePalmerReport tends to stick its neck out on big stories, sometimes goes out on a limb. Right now Palmer is speculating that Michael Flynn has already cut a deal to testify. (Read the PalmerReport on Flynn's alleged deal here)

ThePalmerReport is also saying that the FISA warrants list Trump as a Russian agent. Since FISA warrants are so highly classified, we have to be skeptical.

Regarding another Palmer story, that Devin Nunes is heavily invested in a winery with Russian connections, SNOPES lists it as unproven. But it is curious when a winery which a congressman has invested much of his wealth in has its only overseas markets in Russia and Switzerland. Russia being a major source of money to be laundered and Switzerland being a major money launderer. It makes people wonder. Maybe, probably, Devin Nunes wasn’t and isn’t on the hook because of this investment, but this kind of company looks a lot like a hook for the kind of criminal transactions Russia engages in. And we are left wondering how many baited hooks have snagged prominent Republicans and White House officials and appointees.

MotherJones explains how Devin Nunes’ is compromising his constitutional role to serve as a check and balance on the president’s power, and how this endangers a crucial constitutional balance. (Especially if the White House itself is in the grip of Russian agents.) Instead of checking and balancing Nunes is carrying water for the president, running interference, blowing smoke, setting up diversions and distractions, discrediting his committee, deceiving the public and behaving like the president is his boss.

The Daily Beast has this: “The White House has found its stooge in Nunes.” Senator Lindsey Graham (R/NC) calls Nunes a bungling Inspector Clouseau, a clown.

The brazenness of the White House’s cover up is hard to believe, but it is consistent with Trump’s sense of impunity. Remember during the campaign when he said he could shoot someone in broad daylight on Fifth Avenue and get away with it. This is who he is.

The Week, on Trump's brazen impunity, his belief that presidents are above the law.

Meanwhile, POLITICO is reporting that the House Republicans are all in with Devin Nunes and his bizarre mishandling of his chairmanship duties. Which, in the words of Kurt Cobain, "smells like team spirit." It smells, certainly.

Something is rotten when a major political party chooses partisanship over national security and national sovereignty concerns. It sounds as if the GOP decided if the only way to regain the power that appeared to be slipping away was to collude with a foreign enemy and its spy network, well, they'd collude with a foreign enemy. Which is what Quisling did in Norway by collaborating with the Nazis. It's what Petain did in France. It's surprising that the ultrapatriotic Republican Party would embrace treason this way. Some of them appear to have done just that and others are busily covering it up.





















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Thursday, March 02, 2017

The Trump White House In Cover Up Mode Over Russia Collusion

Today’s Republicans remember Watergate differently.

They don't remember it as a major corruption scandal. They remember Watergate as a failure to cover up a major corruption scandal. (Hunter Thompson knew better.)

Republicans in Congress share this mindset: if something bad is going on and nobody is told, that means nothing bad is going on.

The scandal is that people are finding out.

The criminals are the ones alerting the public to the crime. Sounding the alarm is a crime, according to Republican leaders. Republican leaders are obeyed by all Republican followers. Republicans are very obedient.

The senator who's supposed to be leading the probe into the White House's Russia ties is Richard Burr, head of the Senate Intelligence Committee. The guy who agreed to deter the press from reporting White House ties to Russia. (This kind of story by Politico might be why Politico is banned from the White House.)

There are labels for this kind of behavior, this kind of ritual.

Omertà.

Keep your mouth shut or you're dead.

Shoot the messenger.

Don’t tell anybody what is going on because if you do blow the whistle you pay consequences. The consequences are brutal. The people doing the crime pay no consequences.

Put it another way: the Republicans would have hung Paul Revere.

Today’s Republicans would have erected statues to commemorate the heroism of Benedict Arnold. To the leaders of the GOP, the people selling our country to the Russians are patriots.

One of the memorable phrases from Watergate was “Follow The Money.” Mark Felt (Deep Throat) said it to Bob Woodward when Woodward felt like the trail had gone cold. Follow the money and you will find the answers. You will learn who the criminals are.

Rachel Maddow detailed how deeply it appears our new Commerce Secretary is involved with Russia. Wilbur Mills doesn't just consort with Russian spies he owns the bank in Cyprus where they launder their money. And who are his partners in this bank? Putin's favorite Russian mobsters.

The Daily Beast has the same story.

The Hill, Congress's newspaper, has the story about how hard Republicans are working to keep the public from knowing about Trump's finances. Because the Republican book of rules says there is no crime as long as the public is unaware of it.

The Guardian reports on Reince Priebus's efforts to shut up reporters. Which is why the Guardian is barred from the White House.

That doesn't matter so much when White House staffers will meet you in a bar somewhere and tell you all about what's going on.

Two stories broke last night.

The Attorney General, Jefferson Davis Beauregard Secessions (sic), the man in charge of enforcing the law and overseeing all investigations of possible treasonous collusion with Russians in the recent campaign, appears to have lied under oath about his own collusions with Russians. The Washington Post broke the story. Which is why the Washington Post is barred from the White House.

And in the final days of Obama’s presidency, as new evidence was emerging about Trump campaign complicity with Russia, the departing president ordered all departments in the White House and the executive branch to preserve that evidence, concerned that the new administration would lose or destroy it.

That story from SLATE

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Tuesday, January 10, 2017

How Trump Was Purchased By Putin

Reporting from the Financial Times explains how financial ruin put Donald Trump in the pocket of Russian crime bosses. (The only Russian criminals not in prison or dead are those who are close to Putin.) They put Trump back on his feet with laundered money looted from the Russian economy.

Following the money makes it very clear that Trump is not a business operator at all, not since his bankruptcy in the 1990s. He is instead a front man for shadowy Russian mobsters who are proxies for the Russian dictator.

Trump is their spokesmodel, selling and advertising their properties around the world, which they have stuck Trump’s name on. Trump is their prize poodle. Putin’s prize poodle.

The money comes from the Russian kleptocracy, which stole it from ordinary Russian citizens. It’s been looted from the Russian economy. While Russians live in squalid cold cramped apartments and drink themselves to early death, their national wealth has been laundered and invested in luxury towers in other parts of the world. That is Trump’s business model. Trump’s nominees to head various departments of our government share this kind of mindset: the selfish belief that the economy––which ought to work for all the citizens who work in it ––is there to be looted and pocketed by the people in positions of power. A kleptocracy. Trump and his mob seek to refashion America on the sad Russian model.

Daily Kos has this useful summary of the Financial Times series.

Scott Horton’s close analysis of the Financial Times story says this:

Among the powerful facts that DNI missed were a series of very deep studies published in the [Financial Times] that examined the structure and history of several major Trump real estate projects from the last decade—the period after his seventh bankruptcy and the cancellation of all his bank lines of credit. ...

The money to build these projects flowed almost entirely from Russian sources. In other words, after his business crashed, Trump was floated and made to appear to operate a successful business enterprise through the infusion of hundreds in millions of cash from dark Russian sources.

He was their man.


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Tuesday, July 26, 2016

The Russia Card in Trump's Deck (or is it the Trump card in Putin's deck?)

Was the hacking of the DNC's private emails done by Russian hackers? It's more than a rumor.

The DC political newspaper The Hill reported on this story the other day.

As did the Daily Beast.

Trump admires Nixon, but when it came to dirty tricks Nixon hired domestic thugs.

Donald Trump invites Russian mobsters and friends of Russian dictator Putin to do his ratf***ing for him. He offshores everything.

That’s what the FBI is saying happened to the private emails of the Democratic National Committee.

Trump’s “friendship” with Putin is a real thing. Josh Marshall lays out the disturbing aspects of it here. Trump has relied on the Russians the way the beleaguered business owner relies on the loan sharks and their mobster pals.

1. All the other discussions of Trump's finances aside, his debt load has grown dramatically over the last year, from $350 million to $630 million. This is in just one year while his liquid assets have also decreased. Trump has been blackballed by all major US banks.

2. Post-bankruptcy Trump has been highly reliant on money from Russia, most of which has over the years become increasingly concentrated among oligarchs and sub-garchs close to Vladimir Putin. Here's a good overview from The Washington Post, with one morsel for illustration ...
Since the 1980s, Trump and his family members have made numerous trips to Moscow in search of business opportunities, and they have relied on Russian investors to buy their properties around the world.

“Russians make up a pretty disproportionate cross-section of a lot of our assets,” Trump’s son, Donald Jr., told a real estate conference in 2008, according to an account posted on the website of eTurboNews, a trade publication. “We see a lot of money pouring in from Russia.”


3. One example of this is the Trump Soho development in Manhattan, one of Trump's largest recent endeavors. The project was the hit with a series of lawsuits in response to some typically Trumpian efforts to defraud investors by making fraudulent claims about the financial health of the project. Emerging out of that litigation however was news about secret financing for the project from Russia and Kazakhstan. Most attention about the project has focused on the presence of a twice imprisoned Russian immigrant with extensive ties to the Russian criminal underworld. But that's not the most salient part of the story. As the Times put it,

"Mr. Lauria brokered a $50 million investment in Trump SoHo and three other Bayrock projects by an Icelandic firm preferred by wealthy Russians “in favor with” President Vladimir V. Putin, according to a lawsuit against Bayrock by one of its former executives. The Icelandic company, FL Group, was identified in a Bayrock investor presentation as a “strategic partner,” along with Alexander Mashkevich, a billionaire once charged in a corruption case involving fees paid by a Belgian company seeking business in Kazakhstan; that case was settled with no admission of guilt."

Another suit alleged the project "occasionally received unexplained infusions of cash from accounts in Kazakhstan and Russia."

Sounds completely legit.

Read both articles: After his bankruptcy and business failures roughly a decade ago Trump has had an increasingly difficult time finding sources of capital for new investments. As I noted above, Trump has been blackballed by all major US banks with the exception of Deutschebank, which is of course a foreign bank with a major US presence. He has steadied and rebuilt his financial empire with a heavy reliance on capital from Russia. At a minimum the Trump organization is receiving lots of investment capital from people close to Vladimir Putin.

Trump's tax returns would likely clarify the depth of his connections to and dependence on Russian capital aligned with Putin. And in case you're keeping score at home: no, that's not reassuring.

4. Then there's Paul Manafort, Trump's nominal 'campaign chair' who now functions as campaign manager and top advisor. Manafort spent most of the last decade as top campaign and communications advisor for Viktor Yanukovych, the pro-Russian Ukrainian Prime Minister and then President whose ouster in 2014 led to the on-going crisis and proxy war in Ukraine. Yanukovych was and remains a close Putin ally. Manafort is running Trump's campaign.

5. Trump's foreign policy advisor on Russia and Europe is Carter Page, a man whose entire professional career has revolved around investments in Russia and who has deep and continuing financial and employment ties to Gazprom. If you're not familiar with Gazprom, imagine if most or all of the US energy industry were rolled up into a single company and it were personally controlled by the US President who used it as a source of revenue and patronage. That is Gazprom's role in the Russian political and economic system. It is no exaggeration to say that you cannot be involved with Gazprom at the very high level which Page has been without being wholly in alignment with Putin's policies. Those ties also allow Putin to put Page out of business at any time.

6. Over the course of the last year, Putin has aligned all Russian state controlled media behind Trump. As Frank Foer explains here, this fits a pattern with how Putin has sought to prop up rightist/nationalist politicians across Europe, often with direct or covert infusions of money. In some cases this is because they support Russia-backed policies; in others it is simply because they sow discord in Western aligned states. Of course, Trump has repeatedly praised Putin, not only in the abstract but often for the authoritarian policies and patterns of government which have most soured his reputation around the world.

7. Here's where it gets more interesting. This is one of a handful of developments that tipped me from seeing all this as just a part of Trump's larger shadiness to something more specific and ominous about the relationship between Putin and Trump. As TPM's Tierney Sneed explained in this article, one of the most enduring dynamics of GOP conventions (there's a comparable dynamic on the Dem side) is more mainstream nominees battling conservative activists over the party platform, with activists trying to check all the hardline ideological boxes and the nominees trying to soften most or all of those edges. This is one thing that made the Trump convention very different. The Trump Camp was totally indifferent to the platform. So party activists were able to write one of the most conservative platforms in history. Not with Trump's backing but because he simply didn't care. With one big exception: Trump's team mobilized the nominee's traditional mix of cajoling and strong-arming on one point: changing the party platform on assistance to Ukraine against Russian military operations in eastern Ukraine. For what it's worth (and it's not worth much) I am quite skeptical of most Republicans call for aggressively arming Ukraine to resist Russian aggression. But the single-mindedness of this focus on this one issue - in the context of total indifference to everything else in the platform - speaks volumes.



So is Trump in bed with America’s most dangerous superpower enemy? There’s hard evidence and circumstantial evidence that Trump has either asked for the help of Russian spies and mobsters or they have decided that backing him is the best way to destroy us.

Nixon at least employed domestic burglars. Trump offshores everything. If he promises to create jobs why not criminal hacking jobs? There are a lot of smart cynical jobless young Americans who will do anything to pay down their college debt. Why not hire American? The Russians must have made him an offer he couldn’t refuse. They do that when you owe them lots of money.

The word Treason should be in some of the headlines about him, but that’s a hard word for front page editors to spell. They’ve backed off on similar treasons in the past.

Really? Have we seen treasonous behavior like this in a presidential campaign?

Actually yes. When Nixon sabotaged the tentative Vietnam peace agreement in 1968. (The war lasted another five years and killed and maimed hundreds of thousands of American soldiers.)

Politico reported on the Nixon treason here. Even George Will says it happened and it was treason.

Nixon's more famous dirty tricks occurred in 1972, when Nixon hired his own burglars to break into the Democratic committee headquarters in the Watergate. They made a movie about it. It's quite good.

And then there was the time in 1980 when the Reagan campaign persuaded the Ayatollah to hold the 44 American hostages until after he was sworn into office. (Members of the foreign service have been in far greater danger from Republicans than Democrats. They see diplomats in danger as a political opportunity.) Ayatollah? Iran? Enemies? The Reagan team was very chummy with them.

Reported in TruthOut.

And by WRMEA here.

And then there was the period when Reagan’s people traded weapons with terrorists in the Middle East and used the proceeds to finance terrorists in Central America. Iran Contra broke federal laws and resulted in many top level indictments and guilty pleas in the Reagan administration. (There have been no similar indictments much less prison terms during Obama’s presidency…much to Republicans’ chagrin.)

Going back further, to 1933 (not during a presidential campaign but after they lost) a group of Wall Streeters and industrialists tried to hire a retired general to overthrow FDR.

The BBC, perhaps the greatest and most reliable source of global news, reported on it in a documentary.

Here's another BBC link to that story.

Treason. It’s an old Republican tradition.

Trump has been very open about what world leaders he admires. Saddam Hussein. Putin. Kim Jong Un of North Korea. All ruthless dictators with no scruples and no respect for human life or democratic principles. Gangsters in charge of nations. Criminals with armies and security police under their command. That is the direction Trump would like to take us.

So if you kind of don’t like Hillary and “want to send a message”... consider the message you’re sending.

If you’re frustrated with how dysfunctional our political system is… consider how it got that way. It got that way because on the day Barack Obama was sworn into office all of the Republican leaders and their strategists got together and vowed to derail and block and oppose every single thing the new president proposed. They ended up opposing quite a few things they’d supported previously. With the ObamaCare system they opposed key elements that originated at their own think tank, the Heritage Foundation. (As Trump would say, compromise is for losers.)

For the past eight years Republicans have done their best to make democracy fail. Of course you’re angry.

So why hand over government to the party that made democracy fail?

It’s like the Chris Rock bit from a couple of years ago. “I’m angry at Obama because he didn’t cure Cancer. So you know what? I’m gonna vote for Cancer!”

How dumb are we?

This could explain why the Russians see us as a ripe pigeon ready for them to pull apart.

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