Daily Bread for 10.14.20 | FREE WHITEWATER
FREE WHITEWATER

Daily Bread for 10.14.20

Good morning.

Wednesday in Whitewater will be mostly cloudy with a high of sixty-nine.  Sunrise is 7:08 AM and sunset 6:12 PM, for 11h 03m 42s of daytime.  The moon is a waning crescent with 8.1% of its visible disk illuminated.

Today is the one thousand four hundred thirty-sixth day. 

 Whitewater’s Finance Committee meets via audiovisual conferencing at 4:30 PM.

 On this day in 1912, Theodore Roosevelt is shot while delivering a speech in Milwaukee.

Recommended for reading in full — 

 Matt Zapotosky and Shane Harris report ‘Unmasking’ probe commissioned by Barr concludes without charges or any public report:

The federal prosecutor appointed by Attorney General William P. Barr to review whether Obama-era officials improperly requested the identities of individuals whose names were redacted in intelligence documents has completed his work without finding any substantive wrongdoing, according to people familiar with the matter.

The revelation that U.S. Attorney John Bash, who left the department last week, had concluded his review without criminal charges or any public report will rankle President Trump at a moment when he is particularly upset at the Justice Department. The department has so far declined to release the results of Bash’s work, though people familiar with his findings say they would likely disappoint conservatives who have tried to paint the “unmasking” of names — a common practice in government to help understand classified documents — as a political conspiracy.

(After all the excitement at Fox News, a discovery of nothing.)

Peter Elkind, Meg Cramer, and Doris Burke report (from May) Meet the Shadowy Accountants Who Do Trump’s Taxes and Help Him Seem Richer Than He Is:

But Trump’s accountants are far from bystanders in the matters under scrutiny — or in the rise of Trump. Over a span of decades, they have played two critical, but discordant, roles for Trump. One is common for an accounting firm: to help him pay the smallest amount of taxes possible. The second is not common at all: to help him appear to the world to be rich beyond imagining. That sometimes requires creating precisely the opposite impression of what’s in his tax filings.

Time and again, from press interviews in the 1980s to the launch of his 2016 campaign, Trump has trotted out evermore outsized claims of his wealth, frequently brandishing papers prepared by members of his accounting team, who have sometimes been called on to appear in person when they were presented, offering a sort of mute testimony in support of the findings. The accountants’ written disclaimers — that the calculations rely on Trump’s own numbers, rendering them essentially meaningless — are rarely mentioned.

Trump’s accountants have been crucial enablers in his remarkable rise. And like their marquee client, they have a surprisingly colorful and tangled story of their own. It’s dramatically at odds with the image Trump has presented of his accountants as “one of the most highly respected” big firms, solemnly confirming his numbers after months of careful scrutiny. For starters, it’s only technically true to say Trump’s accounting work is handled by a large firm.

In fact, Trump entrusts his taxes and planning to a tiny, secretive team of CPAs who have operated at various times from humble quarters in Queens and two Long Island office parks.

 World’s Smallest Pandemic ProblemChampagne sales down as coronavirus pandemic rumbles on:

Comments are closed.