Drudge and Breitbart Wont Tell You this on Trump

Mnuchin’s had a hand in the Southern California regional bank that was drowning in bad mortgages after the financial crisis of 2008. Mnuchin and a group of investors, including John Paulson and George Soros, bought the bank for $1.55 billion and turned it around changing the name in the process. OneWest now has assets of $25 billion and $14 billion in deposits.

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Trump’s new finance chair Steven Mnuchin was sued over Madoff fraud profit

Donald Trump’s new national finance chairman was sued in 2010 for the return of $US3.2 million ($4.3 million) in fake profit from his mother’s account with Bernard Madoff, the mastermind of a $US17.5 billion Ponzi scheme. More here.

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Trump Finance Chair Ran a Bank That Cashed in on Taxpayer Bailouts

FreeBeacon: Donald Trump’s newly-appointed national finance chairman, Steven Mnuchin, ran a bank that made billions of dollars off of taxpayer bailouts and cost the federal government an estimated $13 billion.

Mnuchin, a hedge-fund manager, worked as a partner for Goldman Sachs before assembling a group of billionaires to take over IndyMac Bank, based in California, after its subprime mortgage business collapsed in 2008.

Mother Jones reported:

Mnuchin’s group paid roughly $1.55 billion and received a promise from the [Federal Deposit Insurance Corporation] FDIC to cover a portion of the losses on bad loans within the IndyMac pool. The FDIC’s losses on these assets have since ballooned to an estimated $13 billion. The FDIC took on most of the risk, but Mnuchin and his partners, who named their new bank OneWest, ended up doing spectacularly well. They parlayed their $1.55 billion investment into a $3.4 billion payday last year, when Mnuchin engineered the sale of OneWest to another California bank, CIT. Along the way, OneWest issued more than $2 billion worth of dividends to shareholders. The tremendous profits the bank made, with taxpayers on the hook for IndyMac’s bad bets, raised eyebrows across the industry.

Furthermore, OneWest has been accused of risky and predatory loan practices, which prompted California community groups and a legal aid agency to ask Federal Reserve Chair Janet Yellen to halt the sale of OneWest to CIT last year before the bank paid reparations.

Trump’s criticism of big banks, Wall Street, and hedge-fund managers appears to conflict with his appointment of Mnuchin to a top post in his campaign.

Last year, Trump characterized hedge fund managers as “paper pushers” who are “getting away with murder” by not paying their fair share of taxes under the current tax code.

“The hedge fund guys didn’t build this country. These are guys that shift paper around and they get lucky,” Trump said during a phone interview televised on CBS News. “They are energetic. They are very smart. But a lot of them–they are paper-pushers. They make a fortune. They pay no tax. It’s ridiculous, OK?”

Mnuchin’s contributions to Democrats further complicate his position on the presumptive GOP nominee’s campaign. Mnuchin has contributed thousands to committees supporting Hillary Clinton, Barack Obama, and other Democratic politicians, the Washington Free Beacon reported Thursday.

“Steven is a professional at the highest level with an extensive and very successful financial background,” Trump said in a statement announcing Mnuchin as his finance chair. “He brings unprecedented experience and expertise to a fundraising operation that will benefit the Republican Party and ultimately defeat Hillary Clinton.”

**** Deeper dive from Heavy.com

Steven Mnuchin: 5 Fast Facts You Need to Know

A Wall Street banker and Hollywood movie producer, who has contributed to the campaigns of Hillary Clinton and other Democrats in the past, has been named as Donald Trump’s national finance chairman.

Steven Mnuchin, 53, was added to the presumptive Republican presidential nominee’s team on Thursday, Trump’s campaign announced in a press release.

“It’s a great privilege to be working with Mr. Trump to create a world class finance organization to support the campaign in the general election,” Mnuchin said in a statement.

Here’s what you need to know:

1. He Contributed to Hillary Clinton’s Senate Campaigns & 2008 Democratic Presidential Campaign but Has Also Supported Republicans

steven mnuchin, steve mnuchin, heather mnuchin, donald trump campaign finance director, steven mnuchin trump, steven mnuchin democrats, steven mnuchin clinton

Steven Mnuchin has contributed more than $120,000 to both Democrats and Republicans over the past two decades, Politico reports. About $64,000 of those contributions went to Democratic candidates and $40,000 to Republicans, according to Politico.

He gave $7,000 to Clinton’s 200 and 2006 Senate bids, and also contributed to her 2008 Democratic presidential campaign. He contributed $2,300 to President Barack Obama’s 2007 presidential campaign.

In 2011 he contributed $2,500 on two occasions to Mitt Romney’s presidential campaign and gave $20,000 to the Republican National Committee in 2012. He has also contributed to John Edwards, Chuck Schumer, Rudy Giuliani, Al Gore and John Kerry, Politico reports.

Mnuchin’s political past does not differ much from that of his new boss.

Trump has also contributed to Clinton’s campaigns in the past. The presumptive GOP presidential nominee has said it was important for his business interests to support political candidates on both sides.

2. He Began His Career at Goldman Sachs Before Working for the George Soros-Funded OneWest Bank Group LLC

steven mnuchin, steve mnuchin, heather mnuchin, donald trump campaign finance director, steven mnuchin trump, steven mnuchin democrats, steven mnuchin clinton

Mnuchin, a Yale University graduate, began his career at Goldman Sachs, rising to become a partner, according to the press release from Trump’s campaign.

After working at Goldman Sachs for 17 years, Mnuchin became the chairman and CEO of OneWest Bank Group LLC, a bank holding company, from 2009 to 2015. According to Politico, OneWest Bank Group was funded partly by George Soros, a major Democratic donor who has given millions to Hillary Clintons super PAC.

He is currently the chairman and CEO of Dune Capital Management LP, a private investment firm.

3. Trump Says Mnuchin Brings ‘Unprecedented Experience & Expertise’ to the Campaign

steven mnuchin, steve mnuchin, heather mnuchin, donald trump campaign finance director, steven mnuchin trump, steven mnuchin democrats, steven mnuchin clinton

Trump praised Mnuchin in a statement announcing his new role with the campaign.

“Steven is a professional at the highest level with an extensive and very successful financial background. He brings unprecedented experience and expertise to a fundraising operation that will benefit the Republican Party and ultimately defeat Hillary Clinton,” Trump said.

The campaign said, “Mr. Trump is the presumptive Republican Nomination for President of the United States and is taking steps to gear up for a General Election against Democratic Nominee Hillary Clinton. Mr. Trump has self-funded his successful primary battle and will likewise be putting up substantial money toward the general election.”

4. He Was an Executive Producer for ‘American Sniper,’ ‘The Lego Movie,’ & ‘Mad Max: Fury Road’

steven mnuchin, steve mnuchin, heather mnuchin, donald trump campaign finance director, steven mnuchin trump, steven mnuchin democrats, steven mnuchin clinton

In addition to his extensive ties to Wall Street, Mnuchin is also connected to Hollywood.

Mnuchin has been an executive producer on several films since 2014, including “American Sniper,” “The Lego Movie,” “Mad Max:Fury Road,” “Black Mass,” “The Intern” and “Entourage,” according to his IMDB.com page.

5. He Is Divorced & Has 3 Children

steven mnuchin, steve mnuchin, heather mnuchin, donald trump campaign finance director, steven mnuchin trump, steven mnuchin democrats, steven mnuchin clinton

Steven Mnuchin and his wife, Heather Crosby, divorced in 2014.

They have three children together. The couple married in 1999, according to their New York Times wedding announcement.

 

Illegal Border Crossings v. Visa Overstays

No one can get the image of the train carrying illegals out of their memory and with good reason. When anyone does a search on the internet to determine the actual and factual numbers of immigrants coming across the southern border by year, you will be disappointed, the charts and records are not there. Countless outlets and agencies report but with caveats and obscure labels. Still we are told the border is as secure as it has ever been.

Related reading: The Human Tragedy of Illegal Immigration: Greater Efforts Needed to Combat Smuggling and Violence

What is more chilling, are the reports that once again we are in a spike season of illegal entry due in part to threats of presidential candidates. Further, those already here are filing at an accelerated rate for citizenship for the exact same reason.

There is a clash however in the facts over which is worse, those coming across the border versus those coming in by air or other means possessing a vThe Visa Waiver Program (VWP) enables most citizens or nationals of participating countries* to travel to the United States for tourism or business for stays of 90 days or less without first obtaining a visa, when they meet all requirements explained below. Travelers must have a valid Electronic System for Travel Authorization (ESTA) approval prior to travel. If you prefer to have a visa in your passport, you may still apply for a visitor (B) visa.isa that has an expiration date. Take note that any international airport across the United States is a port of entry. Once a visa is issued by State Department contractors, it becomes the burden of the Department of Homeland Security to ensure compliance to dates. This is where the problem, yet another lays with fault.

One cannot overlook the Visa Waiver Program concocted by the U.S. State Department of which several in Congress are calling for a suspension.

Citizens or nationals of the following countries* are currently eligible to travel to the United States under the VWP, unless citizens of one of these countries are also a national of Iraq, Iran, Syria, or Sudan.

Andorra Hungary Norway
Australia Iceland Portugal
Austria Ireland San Marino
Belgium Italy Singapore
Brunei Japan Slovakia
Chile Latvia Slovenia
Czech Republic Liechtenstein South Korea
Denmark Lithuania Spain
Estonia Luxembourg Sweden
Finland Malta Switzerland
France Monaco Taiwan*
Germany Netherlands United Kingdom**
Greece New Zealand

There are an estimated 35 unique types of visa classifications under the management of the U.S. State Department.

 

Obama Admin Deported Less Than One Percent of Visa Overstays

Nearly half a million individuals overstayed visas in 2015, fewer than 2,500 deported

Kredo/FreeBeacon: The Obama administration deported less than one percent of the nearly half a million foreign nationals who illegally overstayed their visas in 2015, according to new statistics published by the Department of Homeland Security.

Of the 482,781 aliens who were recorded to have overstayed temporary U.S. visas in fiscal year 2015, just 2,456 were successfully deported from the United States during the same period, according to DHS’s figures, which amounts to a deportation rate of around 0.5 percent.

The sinking rate of deportations by the Obama administration is drawing criticism from Capitol Hill, where lawmakers are warning that the administration is ignoring illegal overstays and potentially opening the United States to terrorist threats.

The 482,781 figure accounts for aliens who entered the United States on a nonimmigrant visitor visa or through the Visa Waiver Program, which streamlines travel between the United States and certain other countries. The figure encompasses foreign nationals who were found to have remained in the United States after their visas expired or after the 90-day window allowed by the Visa Waiver Program.

The actual number of overstays could be higher. The latest figures published by DHS do not include overstays from other visa categories or overstays by individuals who entered the United States through land ports, such as those along the Mexican border.

Deportations by the Obama administration have decreased steadily since 2009, according to figures codified by the Senate’s Subcommittee on Immigration and the National Interest and provided to the Washington Free Beacon.

Since 2009, U.S. Immigration and Customs Enforcement has expelled 51,704 individuals who overstayed their visas. The total number of those expelled has decreased every fiscal year.

At least 12,538 illegal overstays were deported in fiscal 2009, while 11,259 were removed in 2010, 10,426 in 2011, 6,856 in 2012, 4,240 in 2013, 3,564 in 2014, and 2,456 in 2015, according to the committee.

The drop is being attributed by sources to an Obama administration policy directing DHS and ICE not to pursue visa overstays unless the offender has been convicted of major crimes or terrorism.

“The decision by the Obama administration not to enforce immigration laws by allowing those who have overstayed their visas to remain in the country has not gone unnoticed by the American people,” sources on the Senate subcommittee told the Free Beacon. “A Rasmussen Reports poll released earlier this year indicates that approximately 3 out of 4 Americans not only want the Obama administration to find these aliens who overstay their visas, but also to deport them.”

“The same poll indicates that 68 percent of Americans consider visa overstays a ‘serious national security risk,’ and 31 percent consider visa overstays a ‘very serious’ national security risk,” according to the sources.

Congress has long mandated the implementation of a biometric entry-exit system to track individuals who overstay their visas and ensure they leave the United States.

Sen. Jeff Sessions (R., Ala.), chair of the Senate’s immigration subcommittee, recently proposed an amendment aimed at speeding up implementation of this system. Senate Democrats blocked the amendment.

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Immigration and Customs Enforcement has received substantially more taxpayer money in recent years despite the plummeting rate of deportations. At least 43 percent fewer aliens were removed from the United States from 2012 to 2015, according to DHS statistics.

Advanced Copy: Groundbreaking Interview/Ben Rhodes

This is the most chilling interview since that of Jeffrey Goldberg’s Atlantic interview with Barack Obama. It all comes down to how Iraq drove this White House on all foreign policy decisions including that of normalizing relations with Iran and how the Oval Office propaganda arm worked and still works with particular emphasis on the nuclear deal.

Please ensure you seat belt is securely buckled. Turbulence ahead….comes with knowing the real facts and truths.

The Aspiring Novelist Who Became Obama’s Foreign-Policy Guru

How Ben Rhodes rewrote the rules of diplomacy for the digital age.

Today: National Change Your Password Day, Why?

Russian Hackers Have 270 Million Email Logins, Including Gmail and Yahoo Accounts

Gizmodo: A report from Reuters suggests that over 270 million hacked email credentials—including those from Gmail, Hotmail and Yahoo—are circulating among Russian digital crime rings.

Reuters reports that an investigation by Hold Security revealed the huge stash of login details, that are said to be being traded among criminals. Many of the credentials relate to the Russian email service Mail.ru, but the team has also identified details from Google, Yahoo and Microsoft.

Update: There may, however, not be too much cause for concern, as Motherboard points out that the data may in fact be taken from a series of older hacks, which means the credentials are likely useless.

The team from Hold Security was offered a tranche of 1.17 billion email user records in an online forum, and asked to pay just $1 for a copy of the data. The team refused to pay for stolen data, but was given the information anyway when it offered to post positive comments about the hacker online.

The team has since sifted through the data set to remove duplicates, revealing that it contains 270 million unique records. Alex Holden, the founder of Hold Security, told Reuters that the data was “potent,” adding that the “credentials can be abused multiple times.”

Hold Security has apparently alerted all of the affected email providers. Mail.ru, Google, Yahoo and Microsoft are all now investigating the situation.

A Microsoft spokesperson told Gizmodo that “unfortunately, there are places on the internet where leaked and stolen credentials are posted,” adding that it “has security measures in place to detect account compromise and requires additional information to verify the account owner and help them regain sole access to their account.”

It may be that the stash is out of date and doesn’t present too much of a security threat—though, of course, it could be a new pool of data, in which case the accounts included in the tranche could be at risk. Initial reports to the BBC from Mail.ru suggest that, from a sample of the records, there may not be many live email-passwords combinations in the data.

But it may be a good time to refresh your password anyway.

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In a Wednesday statement, Mail.ru said its early analysis suggests many username/password combinations contain the same username paired with different passwords.

“We are now checking whether any username/password combinations match valid login information for our email service, and as soon as we have enough information we will warn the users that might have been affected,” the Russian service said.

The cache reportedly included tens of millions of certificates for Google Gmail, Microsoft Hotmail, and Yahoo Mail, as well as German and Chinese email providers.

“Unfortunately, there are places on the Internet where leaked and stolen credentials are posted, and when we come across these or someone sends them to us, we act to protect customers,” a Microsoft spokeswoman told PCMag. “Microsoft has security measures in place to detect account compromise and requires additional information to verify the account owner and help them regain sole access to their account.”

Google declined to comment, while Yahoo did not immediately respond to PCMag’s request.

The junior hacker—either inexperienced in the art of haggling, or just too rich to care—asked for only 50 rubles in exchange for the “incredibly large set of data.” Equivalent to about 75 cents, the payment request did little to boost Hold Security’s confidence in the data’s credibility and value. The move was “similar to an expensive sports car being sold for pennies at auction,” the firm said.

Hold refused to pay and convinced the hacker to trade the data for likes/votes on his social media page.

“At the end, this kid from a small town in Russia collected an incredible 1.17 billion stolen credentials from numerous breaches that we are still working on identifying,” Hold Security said. More from PC Magazine.

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In a shocking report from FireEye Inc., a California security firm with top government connections, as well as three other reports, the existence of a Russian-based hacker group, which appears to be a joint effort by the Russian government and the Russian Mafia, has been revealed, The Wall Street Journal reports.

Terming the hacker attack “Safacy” or “APT28,” the computer anti-hacking firm’s report, called “A Window Into Russia’s Cyber Espionage Operations,” notes, “We assess that APT28’s work is sponsored by the Russian government” and is more technically sophisticated than Chinese-hacking efforts earlier detected and exposed by FireEye, the report states.
“I worry a lot more about the Russians” than about China, James Clapper, director of national intelligence, said at a University of Texas forum, the Journal reports. More from NewsMax.

Permit to Kill Eagles?

Reprehensible….sounds like a death panel for a historic American icon.

A federal depredation permit authorizes you to capture or kill birds to reduce damage caused by birds or to protect other interests such as human health and safety or personal property. A depredation permit is intended to provide short-term relief for bird damage until long-term, non-lethal measures can be implemented to eliminate or significantly reduce the problem.

You should review Title 50 parts 10, 13 and 21.41 of the Code of Federal Regulations (CFR) with your application. You are responsible for reviewing and understanding these regulations before you request and accept a permit. These regulations are on our website at: http://www.fws.gov/permits/ltr/ltr.html.

The process, conditions, text and application document is found here.

 

U.S. proposes giving wind farms 30-year permits to kill eagles

Reuters: U.S. wildlife managers on Wednesday again proposed granting 30-year permits to wind farms that would forgive them for thousands of eagle deaths expected during that time frame from collisions of the birds with turbines, towers and electrical wires.

The proposed rule, like one struck down by a federal judge last year, would greatly extend the current five-year time frame in the permits required under U.S. law for the “incidental take” of eagles, including those killed by obstacles erected in their habitat.

Wind energy companies have pressed the U.S. Fish and Wildlife Service to lengthen the terms of the eagle permits, saying a five-year duration left too much uncertainty and hampered investment in the burgeoning renewable power industry.

The agency in 2013 approved a similar plan extending eagle-take permits to 30 years. But a U.S. judge overturned it last year, agreeing with conservation groups that the Fish and Wildlife Service had failed to properly assess impacts of the rule change on federally protected eagle populations.

The revised proposal cites significant expansion within many sectors of the U.S. energy industry, particularly wind energy operations in the Western states, at a time when bald eagle numbers are growing while golden eagles appear to be in decline.

Nevertheless, the Fish and Wildlife Service concluded that the U.S. population of roughly 40,000 golden eagles could endure the loss of about 2,000 birds a year without being pushed toward extinction. And the agency suggested that bald eagles, estimated to number about 143,000 nationwide, could sustain as many as 4,200 fatalities annually without endangering the species.

The new proposal, which is open for public comment through July 5, would make wind farms and other energy developers responsible for monitoring eagle deaths from collisions with facility structures.

That arrangement was decried by the American Bird Conservancy, which led the successful legal challenge against the previous eagle permit plan.

The conservancy’s Michael Hutchins said a system that relies on industry rather than government regulators to monitor and report problems fails to protect a beloved bird of prey stamped on the great seal of the United States.

The American Wind Energy Association did not immediately respond to a request for comment.

The number of eagles killed each year at wind facilities is not precisely known, according to the Fish and Wildlife Service. An estimated 545 golden eagles are thought to perish annually from collisions with obstacles ranging from turbines to vehicles, the agency said.