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Ex-Trump lawyer Cohen gets 3 years in prison

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NEW YORK — Michael Cohen, President Donald Trump’s once-devoted lawyer and all-around fixer, was sentenced Wednesday to three years in prison for allowing what he said was his “blind loyalty” to Trump to lead him astray. “I felt it was my duty to cover up his dirty deeds,” he said.

Standing alone at the defence table, Cohen, 52, shook his head slightly and closed his eyes as the judge pronounced the sentence for crimes that included lying about his boss’ business dealings in Russia and funneling hush money to two women who said they had sex with Trump — payments that both Cohen and federal prosecutors said were made at the president’s direction.

Cohen is the first — and so far, only — member of Trump’s circle during two years of investigations to go into open court and implicate the president in a crime, though whether a president can be prosecuted under the Constitution is an open question.

U.S. District Judge William H. Pauley III said Cohen deserved modest credit for his decision over the summer to admit guilt and co-operate in the federal investigation of efforts by Russians to influence the 2016 presidential election, but his assistance “does not wipe the slate clean.”

“Somewhere along the way Mr. Cohen appears to have lost his moral compass,” the judge said. “As a lawyer, Mr. Cohen should have known better.”

The sentence was in line with what federal prosecutors asked for. Sentencing guidelines called for around four to five years behind bars, and the government asked in court papers that Cohen be given only a slight break. He was ordered to surrender March 6 and left court without comment.

“It was my blind loyalty to this man that led me to take a path of darkness instead of light,” Cohen, a man who once boasted he would “take a bullet” for Trump, told the judge before the sentence came down. “I felt it was my duty to cover up his dirty deeds.”

Cohen got choked up near the end of his remarks and paused briefly to compose himself. His daughter, seated behind him, sobbed throughout. As he returned to his seat, he ran his hand across her cheek.

Cohen’s lawyers had argued for leniency, saying he decided to co-operate with investigators rather than hold out for a possible pardon.

“He came forward to offer evidence against the most powerful person in our country,” defence attorney Guy Petrillo told the judge.

Cohen pleaded guilty in August to evading $1.4 million in taxes related to his personal businesses. In the part of the case with greater political repercussions, he also admitted breaking campaign finance laws in arranging payments in the waning days of the 2016 election to porn star Stormy Daniels and Playboy model Karen McDougal.

Last month, he also pleaded guilty to lying to Congress by concealing that he was negotiating a proposal to build a Trump skyscraper in Moscow deep into the presidential campaign season. He said he lied out of devotion to Trump, who had insisted during the campaign that he had no business ties whatsoever to Russia.

The sentence was the culmination of a spectacular rise and fast fall of a lawyer who attached himself to the fortunes of his biggest client, helped him get elected president, then turned on him, co-operating with two interconnected investigations: one run by federal prosecutors in New York, the other by special counsel Robert Mueller, who is leading the Russia investigation.

Beyond the guilty pleas, it is unclear exactly what Cohen has told prosecutors, and it remains to be seen how much damage Cohen’s co-operation will do to Trump. Legal experts said Cohen could get his sentence reduced if he strikes a deal with prosecutors to tell them more.

Cohen said in court that he will continue co-operating. And his legal adviser Lanny Davis, who previously represented President Bill Clinton, said the former political fixer will tell publicly “all he knows” about Trump after Mueller completes his investigation, and that includes testifying before Congress.

“Mr. Trump’s repeated lies cannot contradict stubborn facts,” Davis said in a statement.

At the sentencing, a prosecutor in Mueller’s office, Jeannie Rhee, said Cohen has “sought to tell us the truth and that is of the utmost value to us” and has “provided consistent and credible information about core Russia-related issues under investigation.” She did not elaborate.

But the New York-based prosecutors who handled the case had urged the judge to sentence Cohen to a “substantial” prison term and said he failed to tell investigators everything he knows. Prosecutor Nicolas Roos said Cohen’s crimes showed a “pattern of deceit, brazenness and greed.”

In a court filing last week, the prosecutors left no doubt that they believe Cohen arranged the hush-money payments at Trump’s direction, saying the manoeuvr was part of an effort to “influence the election from the shadows.”

Trump had denied any sexual relationship with the women and argued on Twitter earlier this week that the payments to the women were “a simple private transaction,” not a campaign contribution. And if it was a prohibited contribution, Trump said, Cohen is the one who should be held responsible.

“Lawyer’s liability if he made a mistake, not me,” Trump wrote, adding, “Cohen just trying to get his sentence reduced. WITCH HUNT!”

Trump had repeatedly called for a tough sentence for Cohen, whom he labeled a liar.

Cohen has had at least seven meetings with Mueller’s team, which said in court papers that Cohen provided “relevant and useful” information about attempts by Russian figures to influence Trump’s campaign.

In the hush-money case, prosecutors said, Cohen arranged for the parent company of the National Enquirer to pay $150,000 to McDougal. He also paid $130,000 to Daniels and was reimbursed by Trump’s business empire. Prosecutors said the McDougal payment violated federal law against corporate campaign contributions, while the money that went to Daniels exceeded the $2,700 limit on campaign donations.

Daniels’ lawyer, Michael Avenatti, who played a major role in exposing the hush-money discussions, said outside the courthouse: “We will not stop until the truth is known relating to the conduct of Donald Trump.” But he added: “Let me be clear, Michael Cohen is neither a hero nor a patriot” and “he deserves every day of the 36-month sentence he will serve.”

___

Associated Press writer Jim Mustian contributed to this report.

Larry Neumeister And Tom Hays, The Associated Press

















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What is ‘productivity’ and how can we improve it

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From the Fraser Institute

By Jock Finlayson

Earlier this year, a senior Bank of Canada official caused a stir by describing Canada’s pattern of declining productivity as an “emergency,” confirming that the issue of productivity is now in the spotlight. That’s encouraging. Boosting productivity is the only way to improve living standards, particularly in the long term. Today, Canada ranks 18th globally on the most common measure of productivity, with our position dropping steadily over the last several years.

Productivity is the amount of gross domestic product (GDP) or “output” the economy produces using a given quantity and mix of “inputs.” Labour is a key input in the production process, and most discussions of productivity focus on labour productivity. Productivity can be estimated for the entire economy or for individual industries.

In 2023, labour productivity in Canada was $63.60 per hour (in 2017 dollars). Industries with above average productivity include mining, oil and gas, pipelines, utilities, most parts of manufacturing, and telecommunications. Those with comparatively low productivity levels include accommodation and food services, construction, retail trade, personal and household services, and much of the government sector. Due to the lack of market-determined prices, it’s difficult to gauge productivity in the government and non-profit sectors. Instead, analysts often estimate productivity in these parts of the economy by valuing the inputs they use, of which labour is the most important one.

Within the private sector, there’s a positive linkage between productivity and employee wages and benefits. The most productive industries (on average) pay their workers more. As noted in a February 2024 RBC Economics report, productivity growth is “essentially the only way that business profits and worker wages can sustainably rise at the same time.”

Since the early 2000s, Canada has been losing ground vis-à-vis the United States and other advanced economies on productivity. By 2022, our labour productivity stood at just 70 per cent of the U.S. benchmark. What does this mean for Canadians?

Chronically lagging productivity acts as a drag on the growth of inflation-adjusted wages and incomes. According to a recent study, after adjusting for differences in the purchasing power of a dollar of income in the two countries, GDP per person (an indicator of incomes and living standards) in Canada was only 72 per cent of the U.S. level in 2022, down from 80 per cent a decade earlier. Our performance has continued to deteriorate since 2022. Mainly because of the widening cross-border productivity gap, GDP per person in the U.S. is now $22,000 higher than in Canada.

Addressing Canada’s “productivity crisis” should be a top priority for policymakers and business leaders. While there’s no short-term fix, the following steps can help to put the country on a better productivity growth path.

  • Increase business investment in productive assets and activities. Canada scores poorly compared to peer economies in investment in machinery, equipment, advanced technology products and intellectual property. We also must invest more in trade-enabling infrastructure such as ports, highways and other transportation assets that link Canada with global markets and facilitate the movement of goods and services within the country.
  • Overhaul federal and provincial tax policies to strengthen incentives for capital formation, innovation, entrepreneurship and business growth.
  • Streamline and reduce the cost and complexity of government regulation affecting all sectors of the economy.
  • Foster greater competition in local markets and scale back government monopolies and government-sanctioned oligopolies.
  • Eliminate interprovincial barriers to trade, investment and labour mobility to bolster Canada’s common market.
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COP29 was a waste of time

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From Canadians For Affordable Energy

Dan McTeague

Written By Dan McTeague

The twenty-ninth edition of the U.N. Climate Change Committee’s annual “Conference of the Parties,” also known as COP29, wrapped up recently, and I must say, it seemed a much gloomier affair than the previous twenty-eight. It’s hard to imagine a more downcast gathering of elitists and activists. You almost felt sorry for them.

Oh, there was all the usual nutty Net-Zero-by-2050 proposals, which would make life harder and more expensive in developed countries, and be absolutely disastrous for developing countries, if they were even partially implemented. But a lot of the roughly 65,000 attendees seemed to realize they were just spewing hot air.

Why were they so down? It couldn’t be that they were feeling guilty about their own hypocrisy, since they had flown in, many aboard private jets, to the Middle Eastern petrostate of Azerbaijan, where fossil fuels count for two-thirds of national GDP and 90% of export revenues, to lecture the world on the evils of flying in planes and prospering from the extraction of oil and natural gas. Afterall, they did the same last year in Dubai and there was no noticeable pang of guilt there.

It’s likely that Donald Trump’s recent reelection had a lot to do with it. Living as they do in a media bubble, our governing class was completely blindsided by the American people’s decision to return their 45th president to the White House. And the fact that he won the popular vote this time made it harder to deny his legitimacy. (Note that they’ve never questioned the legitimacy of Justin Trudeau, even though his party has lost the popular vote in the past two federal elections. What’s the saying about the modern Left? “If they didn’t have double standards, they’d have no standards at all.”)

Come January, Trump is committed to (once again) pulling the U.S. out of the Paris Climate Accords, to rolling back the Biden Administration’s anti-fracking and pro-EV regulations, and to giving oil companies the green light to extract as much “liquid gold” (his phrase) as possible, with an eye towards making energy more affordable for American consumers and businesses alike. The chance that they’ll be able to leech billions in taxpayer dollars from the U.S. Treasury while he’s running the show is basically zero.

But it wasn’t just the return of Trump which has gotten the climate brigade down. After a few years on top, environmentalists have been having one setback after another. Green parties saw a huge drop off in support in the E.U. parliament’s elections this past June, losing one-third of their seats in Brussels.

And wherever they’ve actually been in government, in Germany and Ireland for instance, the Greens have dragged down the popularity of the coalitions they were part of. That’s largely because their policies have been like an arrow to the heart of those nations’ economies – see the former industrial titan Germany, where major companies like Volkswagen, Siemens, and the chemical giant BASF are frantically shifting production to China and the U.S. to escape high energy costs.

But while voters around the world are kicking climate ideologues to the curb, there are still a few places where they’re managing to cling to power for dear life.

Here in Canada, for instance, Justin Trudeau and Steven Guilbeault steadfastly refuse to consider revisiting their ruinous Net Zero policies, from their ever-increasing Carbon Tax, to their huge investments in Electric Vehicles and the mandates which will force all of us to buy pricey, unreliable EVs in just over a decade, and to the emissions caps which seek to strangle the natural resource sector on which our economy depends.

Minister Guilbeault was all-in on COP29, heading the Canadian delegation, which “hosted 65 events showcasing Canada’s leadership on climate action, nature-based solutions, sustainable finance, and Canadian clean technologies—while discussing gender equality, youth perspectives, and the critical role of Indigenous knowledge and climate leadership” and stood up for Canadian values such as “2SLGBTQI+” and “gender inclusivity.” Once again, in Azerbaijan, which has been denounced for its human rights abuses.

And no word yet on the cost of all of this – for last year’s COP28 the government – or should I say the taxpayers – spent $1.4M on travel and accommodations alone for the 633 member delegation. That number, not counting the above mentioned events, are sure to be higher, as Azerbaijan is much less of a travel destination than Dubai, and so has fewer flights in and available hotel rooms.

At the same time all of this was going on, Trudeau was 12,000 kms away in Rio de Janeiro, Brazil,  telling an audience that carbon taxation is a “moral obligation” which is more important than the cost of living: “It’s really, really easy when you’re in a short-term survive, [to say] I gotta be able to pay the rent this month, I’ve gotta be able to buy groceries for my kids, to say, OK, let’s put climate change as a slightly lower priority.”

This is madness, and it underscores how tone-deaf the prime minister is, and also why current polling looks so good for the Conservatives that Pierre Poilievre might as well start measuring the drapes at the PMO.

He has the Trudeau Liberals’ obsessive pursuit of Net Zero policies in large part to thank for that.

The world is waking up to the true cost of the Net Zero ideology, and leaving it behind. That doesn’t mean the fight is over – the activists and their allies in government are going to squeeze as many tax dollars out of this as they possibly can. But the writing is on the wall, and their window is rapidly closing.

Dan McTeague is President of Canadians for Affordable Energy.

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