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Top40 News for 07/25/2018

top40 COHEN_TRUMP_TAPE_THUMB_#1 7-25-18 News
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IT40

#1 Four important points that arise from the Trump-Cohen recording

The now-famous conversation between President Trump and his then-attorney Michael Cohen which Cohen surreptitiously recorded seems to have taken place in the first week of September 2016 at Trump Tower. The audio, obtained by CNN, includes two bits of information that help us place it: A reference to a good CNN poll, like the one that came out on Sept. 6 of that year showing Trump up 2 points, and a reference to the campaign’s no longer being able to use Pastor Mark Burns as a surrogate. A few days prior, he’d been caught falsifying details of his biography.

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That means that the conversation took place about a month after American Media Inc., the publishers of the National Enquirer, bought the exclusive rights to former Playboy model Karen MacDougal’s story about an affair with a married man. That man, she alleged earlier this year, was Trump and, in the recorded conversation with Cohen, the rights to her story appear to be the primary subject of conversation.

We know that because CNN got a copy of the tape from Cohen’s attorney, Lanny Davis.

We’d assessed the pertinent legal questions about the tape when its existence was first reported last week, but hearing the fuller recording gives us a better sense of what is and isn’t important in the conversation.

... To Read more, please click here

#2 Trump to Provide $12 Billion in Aid to Farmers. Critics Cry ‘Welfare!’

The Trump administration is offering $12 billion in emergency aid to American farmers who have been hurt by the president’s escalating trade war with China and other countries.

“This is a short-term solution that will give President Trump and his administration the time to work on long-term trade deals,” said Agriculture Secretary Sonny Perdue.

Speaking at an event in Kansas City Tuesday, Trump said that “farmers will be the biggest beneficiary” of his efforts to secure more favorable trade deals. On Tuesday morning, the president tweeted:

... To Read more, please click here

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