Author, Speaker, Educator, Poet, Business Advisor to Social Entrepreneurs, Global Goodwill Ambassador and Humanitarian. DhAnAnJay ParKhe .Chooses Mentees to help them learn Strategies and Execution of the Art, Craft and Science of Doing Better, Still Better to be Able to Beat in business. Mentoring isn't Sweetener, it is Brutally Honest, Bitter Truth Pill and KickAss is . Many Crack. Few WIN!
Regulatory capture is a form of government failure which occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or political concerns of special interest groups that dominate the industry or sector it is charged with regulating. When regulatory capture occurs, the interests of firms or political groups are prioritized over the interests of the public, leading to a net loss for society. Government agencies suffering regulatory capture are called “captured agencies”. – Regulatory Capture, Wikipedia
“In our time… a man whose enemies are faceless bureaucrats almost never wins. It is our equivalent to the anger of the gods in ancient times” – Chaim Potok
IN A NUTSHELL: MUST READ
Living It Up At The Hotel Presidential, Such A Lovely Place: On the 27th day of the government shutdown, national parks, many DC tourist attractions, museums, libraries, historical buildings remain closed. One historical attraction, however, has remained operational, open for tours and staffed by rangers from the National Park Service. It’s the clock tower atop the Trump International Hotel. The building, built in 1899, used to be part of the Old Post Office. The property is owned by the General Services Administration (GSA), which leased it to the Trump Organization in 2013. Trump renovated it, and in 2016, right before the election, the Trump International Hotel opened for business.
Four months after Trump took office the government of Saudi Arabia rented 500 rooms at the hotel. Later that year, Maine’s Republican governor, Paul LePage, was in DC lobbying the Trump administration to rescind a national park designation in his state. LePage spent four nights at Trump’s hotel, where rooms start at $300 a night. The hotel has been patronized by other groups with lobbying interests in Washington: foreign embassies, industry associations, religious groups.
We Struck (A Deal On) Oil: BP’s Deepwater Horizon oil spill in 2010 killed 11 workers, dumped over 4 million barrels of oil into the Gulf of Mexico, and became the worst environmental catastrophe in US history. Rules put in place after the disaster beefed up regulation of oil companies. Now, years after investigators found that lax regulatory oversight was one of the leading culprits behind the disaster, President Trump plans to relax those rules to give BP and other big oil companies more power to self-regulate their offshore drilling operations. Two separate rules, one on oil production safety systems that forced companies to get independent verification of the safety measures and equipment they use on offshore platforms, and one requiring professional engineers to certify the safety of drilling equipment for new wells, have already been deep-sixed. (Guardian)
The Room Where it Happens:President Trump has had five face-to-face meetings with Russian President Vladimir Putin since taking office. The president went to extraordinary lengths to keep the meetings and what was said secret, even from those in his administration. A former Russia adviser to President Bill Clinton said: “What’s disconcerting is the desire to hide information from your own team. The fact that Trump didn’t want the State Department or members of the White House team to know what he was talking with Putin about suggests it was not about advancing our country’s national interest but something more problematic.” (NYT)
Militants Claim The Lives Of 21 in Nairobi:Shabab militants attacked a luxury hotel and office complex in Nairobi on Tuesday. 21 people have died, including an American and a British national. Kenyan President Uhuru Kenyatta said 700 civilians were evacuated during the response to the assault, and that all the assailants had been “eliminated”. The Shabab, based in Somalia, are strict interpreters of Islam; it was the group responsible for the deadly 2013 attack at the Westgate mall in Nairobi. (NYT)
Suicide Bomber Kills 16 In Syria: The Islamic State claimed responsibility for a suicide bomber’s attack inside a restaurant in Manbij, Syria where US troops regularly gathered. Four Americans were among the 16 killed. President Trump had announced December 19 he was withdrawing US troops from Syria, declaring “We have won against ISIS.” Critics of Trump’s decision argued that the withdrawal was premature and could end up revitalizing ISIS, which still controls a narrow stretch of territory near the Iraq-Syria border. The first US battle trucks left Syria just days ago. On Wednesday Vice President Mike Pence gave a speech at the state department in which he said: “The caliphate is crumbling and ISIS has been defeated.” Pence made no mention of the Manbij attack. (Guardian)
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NUTS IN AMERICA
Pelosi Political Power Move:Speaker of the House Nancy Pelosi asked President Trump to delay or deliver in writing his State of the Union address scheduled for January 29. The speaker said “security concerns” during the current government shut down prompted her request. The record-breaking shutdown was in its 26th day Wednesday, with little sign of any progress toward an end. House minority leader Kevin McCarthy told reporters that Pelosi’s request was “not a security issue. It’s politics and she knows it.” (Guardian)
– “Bauhaus in pictures: The architects exiled by Nazis: Established in 1919, in the wake of World War One, Germany’s Bauhaus art school brought a radical new approach to design and aesthetics which would eventually go on to help inform modernist architecture around the world.” (BBC) One of our favorite museums in the entire world is the Bauhaus museum in Berlin.