LBN – Special Report – Wednesday January 25, 2017

WOW! Dow hits 20,000 for first time ever:

The Dow Jones industrial average eclipsed 20,000 on Wednesday for the first time ever, boosted by optimism around President Donald Trump’s pro-growth policies. Traders cheered from the floor of the New York Stock Exchange as the blue-chip index hit the historic mark. The benchmark index has risen nearly 1,800 points since Trump swept to victory on Nov. 8. The rally in the Dow — which had stalled in recent weeks after peaking at 19,999.63 on Jan. 6 — was reignited by Trump’s signing of numerous executive orders since his inauguration on Friday, including the go-ahead to move forward with the construction of two controversial oil pipelines.

Trump Threatens Federal Intervention in Chicago, Citing ‘Carnage’:

President Trump threatened federal intervention in Chicago onTuesday night if the city does not do more to address violent crime, resurfacing a criticism he made during the presidential campaign. “If Chicago doesn’t fix the horrible ‘carnage’ going on, 228 shootings in 2017 with 42 killings (up 24% from 2016), I will send in the Feds!” he said on Twitter just before 9:30 p.m. The tweet came after the evening broadcast on Fox News of “The O’Reilly Factor,” which featured a segment in which the host, Bill O’Reilly, explored whether and how the federal government could intervene in combating violent crime by having federal authorities prosecute some cases or calling in the National Guard.

EXTREME VETTING – Report: Trump to Sign Immigration Orders:

President Trump is expected to sign a number of executive orders on Wednesday which would restrict immigration from Syria and six other Middle Eastern or African countries,according to a number of people briefed on the matter in a Reuters report. Another one of the orders will reportedly block visas from being issued to Iraq, Iran, Libya, Somalia, Sudan and Yemen. Trump’s purported restrictions may also include a temporary ban on admitting refugees from countries until the State Department and the Department of Homeland Security can increase the intensity of vetting. Additionally, The New York Times reported on Tuesday night that it is Trump’s intention to sign an executive order on Wednesday which would direct federal funds to be shifted towards building a wall at the U.S.-Mexico border.

Corey Lewandowski, Robby Mook Team Up For Paid Speeches:

The former rival campaign managers for presidential candidates Hillary Clinton and Donald Trump plan to embark on a paid speaking circuit, where they will profit from their experience trying to take one another down. Robby Mook, of Clinton’s campaign, and Corey Lewandowski, of Trump’s campaign, will reportedly offer a “future-focused look at why Trump won.” They market themselves as an “entertaining pair sure to keep any audience engaged.”


Usain Bolt Loses Gold Medal Over Teammate’s Failed Doping Test:

Famed Jamaican Olympian Usain Bolt has lost a gold medal—one of his nine titles–after a teammate failed a doping test. Bolt, known as the world’s greatest track-and-field star, was stripped of the honor after Nesta Carter tested positive for a banned substance during a reanalysis of urine and blood samples from the Beijing Olympic Games. Carter is the sixth fastest 100m runner of all time. He did not compete in Rio.

Trump Adviser Gary Cohn Gets $100M Goldman Payout:

President Trump’s top economic adviser, Gary Cohn, will leave his post at Goldman Sachs with a payout worth more than $100 million. The former second-in-command at the Wall Street firm has been tapped by the commander-in-chief to head the National Economic Council. Cohn worked at the investment bank for 25 years, but he was forced to cut ties with the company in order to follow government ethics rules. Goldman announced it will pay Cohn $65 million for long-term bonuses, pay out stock awards worth $35 million and allow Cohn to sell $23 million in locked-up shares. After taxes, he will end up with just over $100 million.

Russian Cybersecurity Expert Arrested:

A top manager at Russia’s biggest cybersecurity firm, taskedwith investigating hacks, has been arrested and reportedly charged with treason. Kaspersky Lab confirmed Wednesday that Ruslan Stoyanov, head of the company’s computer incidents investigations unit, was arrested in December 2016, along with a senior Russian FSB intel officer. Both reportedly face treason charges for undisclosed reasons. According to a company spokeswoman, the charges have nothing to do with Kaspersky’s operations and allegedly date back to before Stoyanov was hired. According to USA Today, it wasn’t clear whether the charges have anything to do with allegations that Russian hackers have attempted to meddle with elections abroad, most famously including the United States.


Orwell’s ‘1984’ Becomes #1 Seller on Amazon:

George Orwell‘s dystopian novel “1984” has seen a huge surge in sales after Donald Trump‘s White House introduced the idea of “alternative facts” over the weekend. The novel, about a totalitarian state that depends on propaganda to control its citizens, made it onto Amazon’s best-sellers’ chart on Monday, just after the White House press secretary was widely criticized for misstating facts. After Trump adviser Kellyanne Conway explained that the inaccurate information provided by the press secretary was actually just “alternative facts,” sales of “1984” just kept climbing, making it to the top spot on Tuesday night, according to CNN. The surge in demand has now reportedly prompted the publisher, Penguin, to start making more copies, with a 75,000 copy reprint ordered this week. It’s unclear if Conway’s comments are to thank for the novel’s newfound popularity, but the timing certainly suggests that the White House’s “facts” fiasco reminded many people of Orwell’s Ministry of Truth.

Peter Thiel Has New Zealand Citizenship:

Peter Thiel, the billionaire, Trump-supporting tech mogul who personally financed the destruction of Gawker over a personal grudge, reportedly gained New Zealand citizenship in 2011. The typical process for obtaining citizenship in New Zealand, The New York Times reported Wednesday, includes living in the island country for at least 70 percent of the year. Thiel has not done so, but he reportedly does own “lavish properties” there, including an estate on “sensitive land,” which the PayPal founder purchased for roughly $10 million.

LBN-NOTICED:   ***Salma Hayek asking for two bottles of Francis Ford Coppola wine to go at Sundance’s packed PepsiCo Creators League Studio, where Coppola’s nephewJason Schwartzman was seen quaffing the stuff and Joshua Jackson danced to old-school hip-hop.   ***“Carol” directorTodd Haynes visiting Cate Blanchett backstage after her Broadway show, “The Present”.   ***Dujor’s Jason Binncelebrating his birthday at the Dream Downtown in NYC withDaymond John, Ray Kelly, Simon Huck and Abigail Breslin.   ***Veteran entertainment attorney Reid Nathanhaving lunch yesterday at Milo & Olive on Wilshire Blvd. in Santa Monica. ***Comedy writer, Mark Miller having lunch at Izzy’s Deli in Santa Monica. ***L.A. deli owner, Lenny Rosenberg having dinner at the classic Italian restaurant, Vito’s in Santa Monica.

OUT! Secret Service agent ripped for posting she wouldn’t take bullet for Trump:

A Secret Service agent is under fire for saying she’d rather do jail time than “take a bullet” for President Trump, it was revealed Tuesday. In an October Facebook post, Kerry O’Grady, the agent in charge of the Denver district, said Trump would be a “disaster” for the nation, the Washington Examiner reported. In an interview with the newspaper, O’Grady said the post, which she took down after a few days, wasn’t meant to be taken literally.

LBN-HOLLYWOOD INSIDER:   ***’s strategy of sticking to Hollywood’s time-honored traditions helped deliver a big payoff that has so far eluded its streaming rival Netflix — the first-ever best picture nomination for an online video service. “Manchester by the Sea,” a family tragedy set in Massachusetts, was nominated Tuesday for best picture by the Academy of Motion Picture Arts & Sciences, one of nine movies that will vie for the top honor. The film secured six Oscar nominations in all, including ones for acting, writing and directing.

LBN-COMMENTARY by Thomas L. Friedman: I’ve actually been watching the early Trump presidency from London. (I would have gone to the moon, but I couldn’t get a ride.) Even from here I have vertigo.My head is swirling from “alternative facts,” trade deals canceled, pipelines initiated, Obamacare in the Twilight Zone and utterly bizarre rants about attendance on Inauguration Day and fake voters on Election Day. Whatever this cost Vladimir Putin, he’s already gotten his money’s worth — a chaos president. Pass the vodka. But moderate Republicans, independents and Democrats who opposed Donald Trump need to beware. He can make you so nuts — he can so vacuum your brains out — that you can’t think clearly about the most important questions today: What things are true even if Trump believes them, and therefore merit support? And where can Democrats offer smarter approaches on issues, like jobs, for instance — approaches that can connect to the guts of working-class voters as Trump did, but provide a smarter path forward. Where Trump’s instinct is not wrong is on the need to strike a better long-term trading arrangement with China. But I worry about his pugnacious tactics. I would be negotiating with Beijing in total secret. Let everybody save face. If he smacks China with “America First,” China will smack him with “China First,” and soon we’ll have a good ol’ trade war.

LBN-COMMENTARY by Frank Bruni: You know how Donald Trump wins? I don’t mean a second term or major legislative victories. I’m talking about the battle between incivility and dignity. He triumphs when opponents trade righteous anger for crude tantrums. When they lose sight of the line between protest and catcalls. When a writer for “Saturday Night Live” jokes publicly that Trump’s 10-year-old son has the mien and makings of a killer. “Barron will be this country’s first home-school shooter,” the writer, Katie Rich, tweeted. I cringe at repeating it. But there’s no other way to take proper note of its ugliness.

LBN-COMMENTARY by Gary Taubes: To understand the case against sugar, using a criminal justice metaphor, you have to understand the crimes committed: epidemics of diabetes andobesity worldwide. Wherever and whenever a population transitions from its traditional diet to a Western diet and lifestyle, we see dramatic increases in obesity, and diabetes goes from being a relatively rare disorder to a common one. One in 11 Americans now has diabetes. In some populations, one in three or four adults have diabetes. Stunning numbers. So why sugar? Well, for starters, recent increases in sugar consumption are always at the scene of the crime on a population-wide level when these epidemics occur. And sugar is also at the scene of the crime biologically, and it’s got the mechanism necessary. But the evidence is not definitive; what I’m arguing is still a minority viewpoint.

LBN-COMMENTARY by Dennis Prager: It is time for our society to acknowledge a sad truth: America is currently fighting its second Civil War. In fact, with the obvious and enormous exception of attitudes toward slavery, Americans are more divided morally, ideologically and politically today than they were during the Civil War. For that reason, just as the Great War came to be known as World War I once there was World War II, the Civil War will become known as the First Civil War when more Americans come to regard the current battle as the Second Civil War. This Second Civil War, fortunately, differs in another critically important way: It has thus far been largely nonviolent. But given increasing left-wing violence, such as riots, the taking over of college presidents’ offices and the illegal occupation of state capitols, nonviolence is not guaranteed to be a permanent characteristic of the Second Civil War. There are those on both the left and right who call for American unity. But these calls are either naive or disingenuous. Unity was possible between the right and liberals, but not between the right and the left.


LBN E-Lert Edited By Addison Beaulieu

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