Monday, January 22, 2018

In post-presidency, Obama finds balancing act in countering Trump - ABC News

In post-presidency, Obama finds balancing act in countering Trump
By ALEXANDER MALLIN KATHERINE FAULDERS Jan 20, 2018, 6:17 AM ET
One year after exchanging pleasantries with a newly-inaugurated President Donald Trump and ascending onto Marine One for the final time, former President Barack Obama has remained a central figure across the United States and global political scene.
As his successor has seemed to systematically target key components of his legacy, Obama has been strategic, according to current and former aides, in choosing when and how to speak out.
He’s watched the year's political developments closely from Chicago and his home in Washington D.C., which sits just miles up the road from the White House. He’s made global excursions to mentor young adults, delivered paid and unpaid speeches and hunkered down to write his post-presidency book, while coordinating the operations of his foundation and presidential library.
Democratic presidential candidate Barack Obama and his family arrive on stage for his election night victory rally at Grant Park, Nov. 4, 2008 in Chicago.more +
The Obama’s have spent much time in Chicago where the foundation is located, spending time nurturing young politicians and teaching the importance of civic engagement.
“He has rolled up his sleeves and really worked hard to make sure [the foundation] reflects his values and his priorities,” former White House senior adviser Valerie Jarrett told ABC News. “Civic engagement he thinks its so incredibly important for young people to recognize their responsibilities as citizens and that that should begin at a young age because it should be a lifelong passion and so anything he can do to mobilize that effort is important.”
Despite watching his signature achievements unravel, Obama has been described as “upbeat” and “optimistic.” But that positivity doesn’t come without some anxiety.
President Barack Obama and first lady Michelle Obama help paint a mural depicting Martin Luther King Jr., at the Jobs Have Priority Naylor Road Family Shelter, Jan. 16, 2017 in Washington.more +
“Of course it causes anxiety just like it does for so many people,” former White House senior adviser Valerie Jarrett told ABC News. “He’s never looked at it from the perspective of him — his legacy — he’s looked at it from the perspective of the people whose lives he tried to improve. So if he thinks that people will lose healthcare or that young DACA folks will be at risk and potentially lose their status, sure that’s extraordinarily and profoundly troubling to him.”
Just two days before the transfer of power was carried out on the steps of the U.S. Capitol, Obama outlined to reporters in his final news conference the actions a Trump administration could take that might spur him to break with the precedent of polite silence previous presidents typically extended to their successors.
“There’s a difference between that normal functioning of politics and certain issues or certain moments where I think our core values may be at stake,” Obama said.
In a year’s span, President Obama spoke out four separate times with vocal objection to a policy being pursued by President Trump and the GOP-led Congress, including twice regarding the Republicans’ failed effort to repeal and replace the Affordable Care Act, President Trump’s announcement of U.S. withdrawal from the Paris Climate Agreement and the administration’s rescission of legal protections for nearly 800,000 ‘DREAMers.’
But Obama was notably restrained in going after Trump directly regarding several other highly controversial moments in his first year, including the botched rollout of his first travel ban, his response to the white supremacist violence in Charlottesville and his accusation that Obama illegally wiretapped him during the election.
“I think you saw him kind of do that deftly and strategically this past year,” one aide said. “When it comes especially to the president’s political involvement but certainly all of this other stuff, he’s keenly aware that there’s nothing more that President Trump would like than to make Obama his foil.”
President Barack Obama participates in a community service project at Leckie Elementary school in celebration of the Martin Luther King, Jr. Day of Service and in honor of Dr. King's life and legacy, Jan. 18, 2016 in Washington, DC.
Matthew Dallek, a political historian and associate professor at George Washington University’s Graduate School of Political Management, pointed out that Obama wasn’t necessarily alone in breaking with the quiet deference that presidential successors typically extend to the acting president.
In October, former President George W. Bush delivered a rare public speech in New York City in which he didn’t call Trump out by name, but seemed to make multiple references to his effect on American political discourse.
“Bigotry seems emboldened. Our politics seems more vulnerable to conspiracy theories and outright fabrication,” Bush said. “We’ve seen nationalism distorted into nativism.”
“What he said then may have been harsher than anything he said about Barack Obama during the eight years of his presidency,” Dallek said. “I think it’s a bit unusual but I think the sense is among not just Barack Obama that it is incumbent upon them to speak out against Trump when they think it’s appropriate.”
Notably, Trump and Obama have not spoken since Inauguration Day, a sharp contrast from past presidents who have at times seeked counsel from their predecessors.
Given that Trump has worked to reverse many Obama-era policies, a person close to Obama says it wouldn’t have seemed likely that Trump would have relied on his predecessor for any advice beyond their initial hour and a half meeting together in the Oval Office Nov. 2016.
Obama, however, is ready and willing to provide his counsel should Trump wish to reach out, the person said.
Trump confidant and former House Speaker Newt Gingrich doesn’t anticipate either side mending fences anytime soon.
“Trump can be friendly toward anyone but I doubt if he thinks much about relating to Obama,” Gingrich told ABC News. “Why would Trump ask advice from someone he thinks is wrong on virtually every issue?”
That's a stark contrast to Vice President Pence who has been in regular communication with his predecessors. He's met in person many times with Dan Quayle and Dick Cheney and spoke with Joe Biden by phone multiple times this past year, seeking counsel primarily before foreign trips and meetings with world leaders, according to a person familiar with the communications.
Though it’s unlikely the political animosity between Trump and Obama will dampen with the 2018 midterms fast approaching.
Following his involvement in multiple special elections during 2017, an aide to Obama said he plans to continue assist Democrats up and down the ticket, akin to his involvement in the New Jersey and Virginia gubernatorial races and his robo-call for Democrat Doug Jones in the Alabama special election.
“I do think it’s definitely fair to say that way you saw him approach 2017 will be similar in the way that he will do it strategically, he will try to stay above the fray,” the aide said. “[There’s a] recognition that, you know, you wouldn’t want to have him out there trying to rally the troops on our side especially when he’s been very clear he can’t be the resistance leader anymore.”
“He cares a great deal about the midterm elections and I’m sure he will be as helpful as he can,” Jarrett said.
This story is part of a weeklong series examining the first year of the Trump administration.

These Are the 10 Biggest Retail Bankruptcies of the Last Decade - Fortune

These Are the 10 Biggest Retail Bankruptcies of the Last Decade
Sports Authority Just Filed for Bankruptcy
It's closing or selling more than 30% of its stores.
By PHIL WAHBA and JOHN KELL March 2, 2016
Sports Authority finally filed for bankruptcy after weeks of speculation and with that, the chain joined the ranks of the largest retail bankruptcies the industry has seen in the past decade.
With assets of up to $1 billion, the athletic gear retailer will land in the seventh spot in a tally led by Circuit City, Linens & Things, and General Atlantic & Pacific Tea (A&P).
The bankruptcy filing of Sports Authority is interesting because it actually participates in a growing pocket of the broader retail industry. Athletic gear popularity has increased as more Americans wear sneakers, athletic tops and t-shirts around town, not just for the purpose of working out.
But that success had led to more competition. Retailers like Target (TGT, +0.23%) and Kohl’s (KSS, +4.15%) have entered the space by moving to sell more athletic wear. Meanwhile, manufacturers like Nike (NKE, +4.82%) and Under Armour (UA) have increasingly focused on selling their gear through their own channels, including their e-commerce platforms. Other players, like Lululemon, completely sell their gear through their own store channels.
All of those factors made it difficult for Sports Authority to compete.
Here is a look at the 10 largest retail bankruptcies in recent years, as ranked by assets at time of the initial court filing. Data is from BankruptcyData.com as well as court filings.
1) Circuit City
Shoppers leave a Circuit City outlet running a store closing sale in Greensboro, North Carolina, U.S., on Sunday, Jan. 25, 2009.
Shoppers leave a Circuit City outlet running a store closing sale in Greensboro, North Carolina, U.S., on Sunday, Jan. 25, 2009. Photograph by Jim R. Bounds — Bloomberg via Getty Images
Year: 2008
Assets: $3.75 billion
Circuit City, once the top U.S. electronics retailer, went out of business in 2009 after failing to find a buyer that would keep it going. The company was ultimately felled by its inability to respond as quickly and deftly to the rise of online retailers like Amazon.com (AMZN, +0.11%) and aggressive incursions by mass merchants like Walmart (WMT, +0.28%) and Target (TGT, +0.23%).
2) Linens & Things
Customers walk away after shopping at the going-out-of-business sale at Linens 'N Things November 21, 2008 in Miami, Florida.
Customers walk away after shopping at the going-out-of-business sale at Linens 'N Things November 21, 2008 in Miami, Florida. Photograph by Joe Raedle — Getty Images
Year: 2008
Assets: $1.74 billion
The 570-store housewares chain went under after private equity firm Apollo Global Management (AGM, +2.51%) saddled it with more debt than it could handle. Linens & Things, which at one point had annual sales of $2.7 billion, later came back to life as an online only brand. And nearly two years ago, it was sold to Galaxy Brand Holdings, an investment vehicle owned by private equity firm The Carlyle Group (CG, -0.41%).
3) General Atlantic & Pacific Tea (A&P)
A&P Supermarket, is shown at 230 Saw Mill River Road, Yorktown Heights, N.Y., Dec. 10, 2010. A&P is expected to file for bankruptcy.
A&P Supermarket, is shown at 230 Saw Mill River Road, Yorktown Heights, N.Y., Dec. 10, 2010. A&P is expected to file for bankruptcy. Photograph by Bloomberg/Getty Images
Year: 2015
Assets: $1.6 billion
The supermarket chain recently filed for Chapter 11 protection for the second time in five years and sold the bulk of its stores to rivals Acme and Stop & Shop. The grocer was hurt in recent years by companies like Walmart, Costco (COST, +0.40%) and Target stealing consumers on the lower end of the price spectrum, and Whole Foods (WFM, +0.00%) on the higher end. The A&P case is still making its way through bankruptcy court.
4) Radio Shack
A RadioShack store in 2015, the last time the company filed for bankruptcy protection.
A RadioShack store in 2015, the last time the company filed for bankruptcy protection. Photograph by Joe Raedle — Getty Images
Year: 2015
Assets: $1.59 billion
After struggling for years as electronics shoppers shifted online and digital technology emerged, the 4,000-store RadioShack filed for bankruptcy on February, marking an ignominious end for a94-year-old retailer that had sold the first mass-market computer. Last week, a federal judge signed off on Radio Shack’s Chapter 11 plan, which distributes proceeds from the company’s liquidation to creditors.
5) Blockbuster
Year: 2010
Assets: $1.54 billion
Blockbuster, once a fixture in America’s shopping and strip malls, struggled to compete with the emergence of Netflix (NFLX, +0.06%) and other video-on-demand services. Blockbuster was bought by Dish Network (DISH, +0.22%) in 2011, but two years later the video-rental company said it close its remaining 300 U.S. stores.
6) Borders
Year: 2011
Assets: $1.42 billion
The Borders bookstore chain was slow to adapt to the e-books phenomenon — or even to build a user-friendly e-commerce site — fatal mistakes that saw it lose sales to Amazon (AMZN, +0.11%) and ultimately led to its collapse. Barnes & Noble (BKS, +1.42%) fared better, launching the Nook and eventually benefiting from the revival of print book sales.
7) Sports Authority
Year: 2016
Assets: $1 billion
Owned by private equity group Leonard Green & Partners after a leveraged buyout for $1.3 billion in 2006, the company is entering bankruptcy in a bid to held shed much of its debt and clean up its balance sheet. It will close about 140 of its 463 stores, a move that will likely help rival Dick’s Sporting Goods. It could also help Dick’s open new locations in underserved markets. Dick’s reportedly is interested in buying some stores in bankruptcy court. Meanwhile, a cleaner balance sheet could help Sports Authority make much-needed investments in the company’s remaining stores.
8) Sbarro
Year: 2011 and again in 2014
Assets: $490 million
The food-court fixture filed for bankruptcy protection in 2014 for the second time in three years after choking under too much debt and declining traffic at many U.S. malls. That June, Sbarro re-emerged with a smaller debt load and a plan to let customers make their own pizzas at a chain known for reheating pizza, taking a page out of Chipotle’s (CMG, +1.83%) playbook.
9) Friedman's
Year: 2008
Assets: $448 million
The recession was a hard time for mid-tier jewelers, with consumers pulling back on items they didn’t really need (i.e., diamonds). Friedman’s, which had 455 stores, was hit by an involuntary Chapter 7 liquidation filing at force, later changed to a Chapter 11 proceeding. But ultimately, Friedman’s went out of business.
10) Brookstone
A Brookstone store is seen at Rockefeller Center in New York City.
Year: 2014
Assets: $407 million
Brookstone, the specialty retailer famous for massage chairs and travel electronics, filed for bankruptcy protection in early 2014, hurt by high debt. But unlike many of its bankrupt retail peers, the company has pulled through and continues to operate as a chain with over 200 stores.

Army chief to call for investment to keep up with Russia - BBC News

22/1/2018
Army chief to call for investment to keep up with Russia
General Sir Nick Carter
Britain's armed forces risk falling behind Russia without more investment, the head of the Army will say.
General Sir Nick Carter will say the British Army's ability to respond to threats "will be eroded if we don't keep up with our adversaries".
The speech - approved by Defence Secretary Gavin Williamson - comes amid speculation of potential defence cuts.
The warning comes after Russia practised simulated attacks across northern Europe.
In the speech, which will take place at the Royal United Services Institute on Monday, Gen Carter will highlight Russia's new cyber warfare capabilities.
The Russian army conducted large scale military exercises last year, including simulated attacks across northern Europe, from Kaliningrad to Lithuania.
The Army's case for boots on the ground
'Serious doubts' over defence savings
Gen Carter will also highlight the Russian army's long-range missile strike capability. While Russian forces were intervening in Syria, 26 missiles were deployed from a 1,500km (930 mile) range.
He will add that Russia is building an increasingly aggressive expeditionary force, which already boasts capabilities the British Army would struggle to match.
Potential military threats to the UK "are now on Europe's doorstep," Gen Carter will say.
Last year Prime Minister Theresa May said Russia had "mounted a sustained campaign of cyber espionage and disruption" against other nations.
Former Royal Navy Rear Admiral Dr Chris Parry said the British military had fallen a long way behind Russia's capabilities.
He told BBC Radio 4's Today Programme: "I think in qualitative terms we would fare very badly, whether it was the Army, navy or air force against current Russian capabilities.
"I'm afraid to say the world is changing, it's moving. The Russians - and the Chinese - are developing capabilities right now with which we cannot cope today."
The reality is that Britain would never confront a threat like Russia on its own. That's why it is part of Nato.
But even as a key member of the alliance, the truth is that some of the UK's weapons are increasingly outdated.
While Russia's been developing new Armata tanks, the British Army's Challenger 2 hasn't been modernised for 20 years.
Many have been mothballed as the UK focused on the counter-insurgency campaign in Iraq and Afghanistan. Britain's ground-based air defence systems are also becoming increasingly obsolete and no match for Russia.
Still, the likelihood of any direct military confrontation with Russia seems extremely remote.
True, the US National Defence Strategy recently highlighted the risks of a more assertive Russia and China.
But for now, the concern is more about those countries using cyber and misinformation to disrupt life in the west.
General Carter's intervention is more driven by fears of further deep cuts to the UK's armed forces. The Ministry of Defence has a black hole in its budget.
It is rare for a military chief to make such an obvious and public appeal for more cash.
But he's doing it under the orders of the Defence Secretary Gavin Williamson. He has sent his generals over the top to put pressure on the chancellor.
In December Air Chief Marshal Sir Stuart Peach said the UK should prioritise protecting undersea cables from the Kremlin, as disruption could be "potentially catastrophic" to the economy.
The speech comes as national security adviser Mark Sedwill conducts a review of the UK's security capabilities.
There are concerns in the armed forces that the review will prioritise counter-cyber attacks and terrorism, rather than major defence.
Last week Conservative MP Julian Lewis, chairman of the Commons defence select committee, posed an urgent question in the Commons after speculation that there were plans to cut the UK military by 14,000 service personnel, nine warships and 100 helicopters.
Mr Williamson said "hard work" is taking place to give the armed forces the "right resources".
Some MPs have called to increase defence spending to 3% of GDP - it is currently at 2%, in line with the guideline for Nato members.

Shutdown Extends Into Third Day as Senate Fails to End Impasse - Bloomberg

Shutdown Extends Into Third Day as Senate Fails to End Impasse
By Toluse Olorunnipa , Erik Wasson , and Steven T. Dennis
January 22, 2018, 2:11 PM GMT+11 Updated on January 22, 2018, 3:23 PM GMT+11
Federal agencies start workweek by carrying out closing plans
Weekend of negotiations yields no breakthrough on immigration
Senate Departs Without Deal to Reopen Government
Bloomberg’s Jodi Schneider reports on the U.S. federal government shutdown.
Lawmakers failed to negotiate an end to the government shutdown Sunday despite a bipartisan effort to broker a deal, raising the political stakes as federal agencies begin closing at the start of their normal workweek.
Many more Americans will begin feeling the repercussions of a shutdown that officially began at 12:01 a.m. Saturday after most government offices had stopped work for the weekend. The widening disruption intensifies frantic efforts by Republicans and Democrats to blame one another for the deadlock and may harden the determination of lawmakers to gain leverage from the moment.
Senate Majority Leader Mitch McConnell scheduled a vote at noon Monday that could end the shutdown just as it begins to take hold, but it’s unclear whether enough Democrats will support an immigration deal he offered late Sunday.
McConnell, a Kentucky Republican, and Democratic leader Chuck Schumer of New York met Sunday after a bipartisan group of more than 20 Senate moderates spent the day trying to work out a funding deal to prevent the shutdown from extending into the week.
But when McConnell stepped to a podium on the Senate floor shortly after 9 p.m. Sunday, it wasn’t to announce a deal. It was to say the Senate would vote Monday to advance a plan that would fund the government through Feb. 8.
For Investors Used to Histrionics, Shutdown Is One More Sideshow
Investors took the news of the impasse in stride. Futures on the S&P 500 Index dipped just 0.1 percent as of 1:16 p.m. in Tokyo Monday, and benchmark 10-year Treasuries were little changed, as was the Bloomberg Dollar Spot Index.
McConnell offered a concession to Democrats by saying it was his “intention” to permit a Senate a vote on an immigration measure after Feb. 8 if the the government was still funded.
‘Step Back’
“Let’s step back from the brink,” McConnell said. “Let’s stop victimizing the American people and get back to work on their behalf.”
Democrats, who had sought firmer guarantees from McConnell, weren’t willing to accept his terms. But the move was enough for two key Republicans -- Senators Jeff Flake of Arizona and Lindsey Graham of South Carolina -- to drop their prior objections to a stopgap funding package. Seven more senators would need to change their position in support of McConnell for the government to reopen.
House Majority Leader Kevin McCarthy of California told colleagues that the chamber will take up whatever the Senate passes, according to a Republican House member. The measure likely will clear the House, the lawmaker said.
Over the weekend, President Donald Trump remained off stage as lawmakers shuttled back and forth to try to reach an agreement. Trump did make some phone calls on Sunday, speaking with the second-ranking Republican leaders in both chambers of Congress about the impasse, White House press secretary Sarah Huckabee Sanders said in a statement emailed to reporters Sunday.
White House legislative director Marc Short expressed frustration late Sunday that the shutdown would carry into a third day, and reiterated the White House would not negotiate on immigration while the government remains closed.
“We have yet another day of our troops not getting funded, border agents not getting funded, children not getting insurance, so we are anxious to reopen the government, and as soon as we do we are happy to reopen negotiation on DACA and immigration,” he told reporters on Capitol Hill. “But we are not going to have those negotiations as long as Democrats shut down the government.”
On Capitol Hill, the main action came from a group of bipartisan senators, including Graham, who said they were coalescing behind a plan to fund the government through Feb. 8 along with a commitment to quickly take up immigration legislation to protect some young undocumented immigrants from deportation.
Susan CollinsPhotographer: Andrew Harrer/Bloomberg
Republican Senator Susan Collins of Maine said late Sunday that she was hopeful Democrats would get on board to reopen the government, but that it might require fleshing out the offer made by McConnell.
She will reconvene the bipartisan group Monday morning before the next scheduled vote to discuss the path ahead.
Democrats and some Republicans want language protecting people in the Deferred Action for Childhood Arrivals, or DACA, program, as part of a must-pass spending bill to ensure they get signed into law. Some Republicans have opposed such a move, calling it amnesty.
Trump decided in September to end an Obama-era initiative that shielded them from deportation, effective in March, although he said Congress should act to protect them. The U.S. counts 690,000 people currently enrolled in DACA.
For many Democrats, McConnell’s vague promise to hold an immigration vote likely won’t be enough to persuade them to vote to end the shutdown.
“There’ve been a lot of promises to different senators that have not been followed through on by the majority leader, so I would be very leery of anything that wasn’t extremely, extremely clear and detailed about a commitment,” said Senator Jeff Merkley, an Oregon Democrat.
Making Calls
The White House blamed Schumer for the standoff, and said the Trump administration would not discuss immigration legislation until funding for the government was secured.
“The President’s position is clear: We will not negotiate on the status of unlawful immigrants while Senator Schumer and the Democrats hold the government for millions of Americans and our troops hostage,” Sanders said Sunday.
Trump, who could give Republicans political cover to vote for immigration legislation, has been giving conflicting signals. Trump said White House staff were demanding $33 billion for border security when Trump said last week he could make a deal for less than $18 billion.
Graham told reporters on Sunday that Trump’s “heart is right on this issue” but said “every time we have a proposal it is yanked back by staff members.” The White House in turn attacked Graham, who had been cultivating Trump as an ally, illustrating high tensions over the issue and the difficulty of finding a way out.
Graham is “an outlier” and supports legislation “that sides with people in this country illegally and unlawfully instead of our own American citizens,” said White House Deputy Press Secretary Hogan Gidley.
— With assistance by Sahil Kapur, Billy House, and Chris Anstey