The Rundown-Thurs 3/8: Anthony Scaramucci; tariffs today; Stormy sues

Anthony Scaramucci gave up a lot to become White House Communications Director. He held the job for 11 days. We'll talk to "Mooch" about that, about tariffs, the Gary Cohn resignation, and much more when he joins the show at 7:06 AM Thursday morning. (Likely replay at 9:06 AM)

Porn "star" Stormy Daniels wants to abrogate the non-disclosure agreement she signed regarding her claimed affair with Donald Trump. Her current legal argument is that even though she took the money the agreement is invalid because Trump never signed it. I asked Judge Andrew Napolitano what he made of the legalities of this sordid story and he responded with this:

The argument against her is that she bargained for and accepted $130k for her silence and thus the agreement is enforceable. 

The argument for her is that the agreement was procured by fraud and intimidation - Michael Cohen’s lies about the source of the funds and his threats to her - and thus the agreement is invalid. 

I think her argument is enough to survive a motion to dismiss and compel Trump’s in person deposition. 

And then there's this crazy part of the story:
http://www.foxnews.com/politics/2018/03/07/stormy-daniels-ordered-by-arbitration-judge-not-to-sue-michael-cohens-lawyer-says.html

President Trump is likely to sign his steel and aluminum tariffs into law tomorrow. The only question is how much harm they will cause to everyone other than a handful of American steel makers. 

Here are a few great pieces of intellectual ammunition about the tariffs:

Billionaire Charles Koch is against the tariffs even though they'd increase his profits:
https://www.washingtonpost.com/amphtml/opinions/corporate-leaders-must-reject-trumps-tariffs/2018/03/07/2f4bc7b2-2209-11e8-badd-7c9f29a55815_story.html

Why I think this has so much risk:
http://www.hiringlab.org/2018/03/07/steel-aluminum-tariffs-job-trends/

A lesson from fairly recent history:
https://www.politico.com/story/2018/03/07/steel-tariffs-trump-bush-391426

In case you thought President Trump was really serious about the economics of this rather than trying to score some cheap (but expensive political points), check out his tweet from Wednesday afternoon, keeping in mind that our "trade deficit" with China is approximately $1 billion dollars PER DAY, and that that amount on an annual basis is less than a rounding error in changes in currency values or in what our recent tax reform will cause:

Did gubernatorial hopeful Jared Polis lose his front-runner status during Tuesday night's caucuses when Cary Kennedy beat him? (None of the other Democratic candidates were close to those two.)
http://www.9news.com/article/news/local/politics/kennedy-claims-frontrunner-status-in-caucus/73-526724547

If you have Windows 10 on your computer, you might want to check this out in case your computer has a risk you're unaware of:
https://thenextweb.com/artificial-intelligence/2018/03/07/hackers-can-use-cortana-to-open-websites-on-windows-10-even-if-your-pc-is-locked/

Comedian Ian Bagg joins the show at 8:06 Thursday morning. He's absolutely hilarious, and I'll have a couple of pairs of tickets to give away as well. Ian's at Comedy Works South at the Landmark the next few nights. Ticket info here:
https://comedyworks.com/comedians/ian-bagg

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