Fran O’Sullivan: The truth is, Trump has (so far) been good for US business.

It looks like Fran O’Sullivan hasn’t been sipping from her Koolaid cup at the Herald.

She’s written a refreshing column that outlines some home truths about the Trump presidency. To get it past the editor though she had to have a slash in the first few paragraphs. I’ve trimmed those off for you.

The truth is, Trump has (so far) been good for US business.

American business has simply stared past the tweets, the inquiries, the political corpses and the scandals and looked to its own self-interest. It’s got its mojo back.

Major companies like Apple, which will now pay US$38 billion in taxes in the US relating to the repatriation of its overseas cash pile, are not doing so out of the goodness of their hearts. But out of self-interest and as a result of the public jawboning by a President who wants the US to be a winner when it comes to the international arm-wrestle under way for tax streams. Same too with the move to bring operations home by other major US corporations.

The noise has dominated: Svengali Steve Bannon, fired from both the White House and as chair of Breitbart News, has now taken a self-denying ordinance to say no more in the wake of Michael Wolff’s Fire and Fury revelations. Trump’s list of “fake news” targets is out. His doctor has cleared him. The Russian inquiry has yet to hit home with a smoking gun. He is in no danger of impeachment.   

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Bigger and worse than Watergate: FISA Abuse by Senior DOJ and FBI Officials revealed

Breitbart reports on the unfolding scandal that is likely to bring down big name Democrats:

Members of the House on Thursday said they viewed a “shocking” classified memo allegedly detailing abuse of the Foreign Intelligence Surveillance Act (FISA) by senior Justice Department and Federal Bureau of Investigations officials in relation to the investigation of the Trump campaign and called for it to be declassified and available to the public immediately.

“It’s troubling. It is shocking,” Rep. Mark Meadows (R-NC) told Fox News. “Part of me wishes that I didn’t read it because I don’t want to believe that those kinds of things could be happening in this country that I call home and love so much.”

The facts contained in this memo are jaw-dropping and demand full transparency. There is no higher priority than the release of this information to preserve our democracy,” said Rep. Matt Gaetz (R-FL), a member of the Judiciary Committee, which oversees the DOJ and the FBI.

Another Judiciary Committee member, Rep. Steve King (R-IA), called what he saw in the memo “sickening” and said it was “worse than Watergate.”   

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Robbo goes full Muldoon and threatens landlords

Grant Robertson has gone full Muldoon, threatening landlords and promising to name and shame them over rent increases.

Wellington Central MP Grant Robertson says he will make an example of any landlords found to be illegally raising their rents to exploit students.

From 1 January, the cap on student allowance and living cost loans rose by $50, a Labour election campaign promise.

Since then some students have complained of landlords raising rents to an unreasonable level in response.

Rental prices in Wellington for December were up $30 on October’s figures, according to Trade Me numbers.

Its Property Rental Index showed the median price had risen from $450 to $480 since October, peaking back up to match the record set last January.

Overall the city’s rental prices rose 6.7 percent in the year, compared to 2.2 percent nationally.

Mr Robertson invited students to get in touch if they believed a landlord was raising rents illegally, and within 10 hours, he said, he had received dozens of reports.

“There are rules in the residential tenancies act about not putting rent up above the market rate, and we are looking very closely at some of the examples that have been put to us today to see if they would breach that act.”

A government minister inciting people to dob in other people…hmmm…where have we heard that before?

Though I’m not sure you can take anyone seriously who wears a captain’s hat with a checked shirt to the cricket.

Labour and Robbo only have themselves to blame. They’ve attacked landlords mercilessly, brought in a pseudo-capital gains tax, their Labour mayor in Wellington introduced rental WOFs, and they introduced demand side pressure without fixing the supply side first.

It is a bit rich blaming the landlords, they are only reacting to market forces, and issues created by Robbo’s mob in the first place.

 

-RadioNZ

Daily Crossword

Welcome to our Daily Crossword.

Readers have requested a daily crossword and stated that the only reason they maintained a subscription to the NZ Herald or other newspapers was for a daily crossword.

We have now sourced a quality crossword provider, the same provider who provides many crosswords to media outlets for print. It is available for ALL readers who have a subscription package with Whaleoil.

Now you can safely cancel your newspaper subscription as your final remaining reason to keep it has now gone. Instead, you can sign up for one of our subscription packages and enjoy crosswords online on Whaleoil.

If demand is sufficient we can extend what we offer to other puzzles like Sudoku as well. Let us know.

The Crossword is available without a subscription for this week only, then it will be for subscribers only. Come Monday morning it is subscriber only.

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Whaleoil General Debate

Morning everyone, and welcome to Whaleoil’s daily General Debate post (another one called Backchat will start at 6pm). To participate you’ll need to register a free Disqus account.

There are some rules, and if there is one thing about Whaleoil that you need to know is that these rules are dispassionately and strictly enforced.  (No really.  Just the tiniest of slip ups and you’re toast.  This place is brutal. No sense of humour what-so-ever. You’ve been warned.)

Faces of the day

Word of the day

The word for today is…

instauration (noun) – 1. Renovation; restoration.
2. The institution or establishment of something.

Source : The Free Dictionary

Etymology : English instauration comes directly from the Latin noun instaurātiōn- (stem of instaurātiō) “renewal, repetition,” a derivative of instaurāre “to renew, repeat,” originally “to set up stakes or poles (in building),” from the obsolete noun staurus. The Latin root of the verb and noun is stau-, an uncommon extension of the Proto-Indo-European root stā-. The same rare variant also appears in Greek staurόs “upright stake, pile (for a foundation).” Staurόs is also the word used in the gospels, e.g., Matthew 27:40, for the cross on which Jesus was crucified. Instauration entered English in the early 17th century.

Daily Proverb

Proverbs 21

18 The wicked are punished in place of the godly,
and traitors in place of the honest.

Saturday Nightcap

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