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Steve Mnuchin Makes Salient Move in Sticky Saudi Situation

With all Hell set to break loose in the middle east, the Trump administration is making sure to cross their t’s and dot their i’s.

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Saudi Arabia

With all Hell set to break loose in the middle east, the Trump administration is making sure to cross their t’s and dot their i’s.

The US relationship with the Kingdom of Saudi Arabia is a strange one, indeed.  Given the Saudis exorbitant wealth, both in resources and cash, it pays for nations around the globe to play nice with the middle eastern monarchy.  The problem, of course, is that Saudi Arabia doesn’t often have to “play nice”, since they seem to be holding a majority of the world’s oil and can dictate the entire global economy with the stroke of a pen.

Now that it is becoming clear that Saudi Arabia was intimately involved in the gruesome and inexcusable torture and murder of journalist Jamal Khashoggi, the United States has several tough decisions to make in how to proceed.  This development has the Trump administration firing on all cylinders, and working to bring the entire organization into harmony.

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Steven Mnuchin’s latest announcement has give us a glimpse into the severity of the issue.

Treasury Secretary Steven Mnuchin said Thursday he has decided against attending a conference in Saudi Arabia this month, amid the uproar over the the presumed death of activist Jamal Khashoggi.

“Just met with @realDonaldTrump and @SecPompeo and we have decided, I will not be participating in the Future Investment Initiative summit in Saudi Arabia,” Mnuchin tweeted.

Mnuchin has been facing calls to cancel his plans to attend after Khashoggi vanished two weeks ago during a visit to the Saudi Consulate in Istanbul. Turkish officials allege Khashoggi was killed and dismembered inside the consulate.

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The Future Investment Initiative summit is scheduled for Oct. 23-25 in Riyadh. A number of high-profile people – including leaders from the World Bank, Google and Uber – have also announced plans to drop out.

While the President’s White House has often been light and nonchalant in their narrative, on the subject of Saudi Arabia there seems to be little room for interpretation.  Mnuchin’s announcement, combined with the President’s reserved candor when it comes to discussing the Saudi Royal Family speaks volumes about the tense nature of the situation.

 

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Minority Owners Of Washington Redskins Looking To Sell Stake In Team

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Three individual minority owners of the Washington Redskins professional football team are looking to sell off their shares in the team amid controversy over the team’s name. Again. Yes, it seems the Redskins are forever caught in a loop of having to defend their team name from the gaggle of social justice warriors running around the nation screaming and crying about faux systemic racism and crusading for causes like renaming sports teams in order to make themselves feel important and like they have a purpose. Here’s more on this from The Washington Examiner: Businessmen Robert Rothman, Dwight Schar, and Frederick Smith have hired an investment banking firm to conduct the search for potential buyers, which, according to one unnamed source, was happening because they are “not happy being a partner” of majority owner Daniel Snyder, the Washington Post reported. ProFootballTalk first reported that Schar and Smith were trying to sell their share of the team on Sunday. Rothman is chairman and CEO of Black Diamond Capital, a private investment company; Schar is chairman of NVR Inc., one of the largest homebuilder companies in the country; and Smith is the chairman, president, and CEO of FedEx, which has a long-standing partnership with the football franchise. Together, they account for about 40% of the team’s ownership. The remaining stake rests with Snyder, his mother, and his sister. The organization said on Friday that it will conduct a “thorough review” of the team’s name amid new demands that it stops referring to the team as the Redskins, which critics view as being racist and insensitive to Native Americans. Snyder released a statement last Friday saying, “This process allows the team to take into account not only the proud tradition and history of the franchise but also input from our alumni, the organization, sponsors,…

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Good News For Trump: SCOTUS Issues Ruling Against ‘Faithless’ Electors

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The Supreme Court ruled against “faithless electors,” allowing states to require presidential electors to vote for the candidates they are committed to, which is good news for President Trump just ahead of what is sure to be a very tight contest come November. Essentially, this means that electors can’t rebel and refuse to cast their votes for the candidate who won the state, therefore, if Trump wins a state, he gets all of the votes without worrying about losing any. The ruling strips a tool of dissension out of the hands of the left who aren’t above using any and every strategy at their disposal to stop him from having a second term. Here’s more on this from The Washington Examiner: The 538 members of the Electoral College are chosen based on the presidential vote in each state, and they, in turn, elect the president of the United States. States can require these electors to vote for the statewide winner or otherwise follow state laws, the court ruled. Justices decided against four 2016 Electoral College electors seeking to overturn state laws binding them to the presidential nominee to whom they are pledged. In that race, a record seven electors didn’t back the candidate to which they were pledged. A total of 10 electors rebelled last cycle, and seven of those votes counted toward the final tally. The overall results were 304 for Donald Trump, 227 for Democratic nominee Hillary Clinton, and others seven, instead of Trump 306 to Clinton 232. Four “faithless electors,” one from Colorado and another three from Washington, presented their oral arguments to the Supreme Court last month challenging the laws in 32 states and the District of Columbia. This is a good thing. Whoever wins a state should be entitled to those Electoral College votes. Period.…

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