Stuff to Read

This morning I gave myself the task of writing something about where all the Dem presidential candidates stand on climate change. Did you know there are 22 declared and official candidates now? They seem to be multiplying, like wire hangers in the closet or those random USB cords and device chargers that get tangled up in your desk drawer. Anyway, I worked diligently most of the day and only got about half finished, so I’ll try to finish tomorrow. Meanwhile —

The New York Times — Decade in the Red: Trump Tax Figures
Show Over $1 Billion in Business Losses

The data — printouts from Mr. Trump’s official Internal Revenue Service tax transcripts, with the figures from his federal tax form, the 1040, for the years 1985 to 1994 — represents the fullest and most detailed look to date at the president’s taxes, information he has kept from public view. Though the information does not cover the tax years at the center of an escalating battle between the Trump administration and Congress, it traces the most tumultuous chapter in a long business career — an era of fevered acquisition and spectacular collapse.

The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade.

In fact, year after year, Mr. Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the I.R.S. compiles on an annual sampling of high-income earners. His core business losses in 1990 and 1991 — more than $250 million each year — were more than double those of the nearest taxpayers in the I.R.S. information for those years.

 

The most tremendous loss of money in history, I’m sure. Our Trump doesn’t screw up by halves; he goes all the way.

WaPo: The White House on Tuesday invoked executive privilege to bar former White House counsel Donald McGahn from complying with a congressional subpoena to provide documents to Congress related to special counsel Robert S. Mueller III’s investigation. McGahn has agreed to not hand over the documents. House Judiciary Chair Jerrold Nadler has threatened McGahn with contempt.  See also Martin Longman, “Does Don McGahn Have to Comply With Congressional Subpoenas?

Meanwhile, the Speaker of the House actually said the I-word. “Trump is goading us to impeach him.”

Reuters is reporting that Michael Cohen says that before the 2016 primaries he “handled” some embarassing photos for — wait for it — Jerry Falwell, Jr.  After said handling, Falwell endorsed Trump for president. heh.

Another school shooting. One student reported dead.

See also An Internal Memo Raises New Questions About Self-Dealing at the N.R.A.