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Michael Cohen pleads guilty to evading income tax, lying to financial institutions and unlawful contributions

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According to Bloomberg reporter Shannon Pettypiece, Michael Cohen has been charged with false statements to a financial institution, unlawful corporate campaign contribution and evading personal income tax.

Former US Attorney Barbara McQuaude noted it’s likely that prosecutors haven’t had time to go through all of the evidence from the materials gained from his office. However, prosecutors are likely willing to “lock him in” before walking through the information with him.

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Court documents haven’t yet been released from the court hearing, however, CNN Justice reporter Laura Jarrett tweeted she has been told the tax division of the IRS signed off on the deal with Cohen.

In a statement to the press, Robert Khuzami, deputy US attorney for the southern district of New York explained the counts as follows:

“Michael Cohen plead guilty to eight felony charges,” he told the press. “Five of those dealt with tax evasion for the years 2012 through 2016, in which he failed to report $4.1 million in reported income. Approximately $2.5 million of that was interest payments from a personal loan he failed to report.”

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Khuzami said “approximately $1.3 million of that money was from the operation of his taxi medallion business,” while $100,000 was from brokerage commissions. Over $200,000 was from consulting fees.

“That’s over $4.3 million over a five-year period which translates into a loss to the United States Treasury of approximately $1.3 million,” he continued. “In count six, he plead guilty to making false statements to a financial institution in connection with an application for an equity line of credit. In that application, he failed to disclose more than $14 million in debt that he had and as a result of that concealment, he obtained that $500,000 line of credit which he would not have been entitled to had he been candid and honest.”


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Colbert names Trump’s siege on DC the ‘Tinyman Square’ incident

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It wasn't quite Tiananmen Square, where a still-unknown number of Chinese protesters were murdered by the government in 1989, but it was the closest thing President Donald Trump managed to score this week.

After watching the footage of the military tear gas, beat and shoot at protesters so Trump could march from the presidential bunker to St. John's Church for the cameras.

"It was like Tiananmen Square," Colbert deemed. "Except, in Trump's case, Tinyman Square."

Trump claimed on "The Fox & Friends" that no one was tear-gassed, so it's unclear what was stinging people's eyes and making them cough, choke and tear up. The Park Police released a statement saying it wasn't tear gas. While the moment was captured on video from dozens of different camera angles, one protester actually grabbed a canister of Oleoresins Capiscum, or "OC," the gas that was used.

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Vladimir Putin must love watching the US fall apart: columnist

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New Yorker columnist Susan Glasser made the astute observation that if Russian President Vladimir Putin wanted to destabilize the United States with the election of President Donald Trump, he's clearly achieved his objective.

It was reported in March that Russian intelligence services are working to incite violence using white supremacist groups to try and sow racial chaos in the United States ahead of the November election.

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Conservative columnist links all Republicans to the attack on Lafayette Square

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Monday afternoon, President Donald Trump decided to walk across Lafayette Square for a photo-op. To get there, however, it took an outright battle with mounted park police, police covered in body armor and rattled Secret Service members who had just rushed the president to the bunker several nights before. Armed with semi-automatic weapons and military gear, they staged a siege on Lafayette Square against unarmed hippies, woke whites and people of color, again, forced to fight for justice.

Writing for the Washington Post Wednesday, conservative columnist Max Boot attacked Attorney General Bill Barr, who accepted responsibility for demanding that demonstrators be tear-gassed, beaten and shot with rubber bullets. Like Bull Conor ordering fire hoses on students marching in Birmingham, Alabama, Barr's attack on Lafayette Square for a photo-op proved he is willing to do what it takes to stroke the fractured ego of a president forced to cower in a bunker.

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