Trump Foils Chinese Intelligence Initiative

If you wish to be removed, please [click here]( to unsubscribe. [The DAily GRIND News]( Grind for July 6th, 2018 # First sip "I almost wish we were butterflies and liv'd but three summer days - three such days with you I could fill with more delight than fifty common years could ever contain." - John Keats [Learn more about RevenueStripe...]( Dark Roast The Headline Trump Administration seeks to block American telecoms from purchasing Chinese parts The Grind President Trump is backing Congressional efforts to expand the powers of the Committee on Foreign Investment in the United States (CFIUS) - an inter-agency committee tasked with reviewing the national security risks of any proposed transaction that could result in the control of a US business by a foreign entity. The legislation, which has been passed by both chambers but not reconciled, expands the types of deal the CFIUS can evaluate for potential security threats and allows the agency to veto deals over risks such as the potential damage to America's competitive edge in emerging industries. Lawmakers have also introduced legislation that would give Commerce Sec. Wilbur Ross the ability to review foreign investments separate from the CFIUS national security review. Ross says he's "happy to help" with anything "that will make it easier to restrict the Chinese investments here...to the degree that we could have the ability to pass on anything that the Chinese were trying to acquire, it would be a very useful power because right now, the CFIUS is somewhat constricted as to what can be done." The Details The Trump Administration is also considering whether to impose an executive order that would significantly increase the federal government's ability to regulate the telecom sector. The order would give the Commerce Department the power to block American companies from purchasing equipment from foreign suppliers - something the CFIUS cannot do, even under the new legislation. While the order does not specifically mention China, it does authorize the Commerce Department to designate "particular countries, products, or services that present an unacceptable risk to national security." -- Opponents criticize the order as an abuse of power and worry it would give the feds too much control over the telecom sector. "This is manifestly an abuse of the limited discretion the law gives the president" to respond to foreign threats, argues former DHS official Paul Rosenzweig. "Given the policy, this is a license to exclude anyone that the Commerce Department thinks is a risky actor - and that could be anyone." [share]( [tweet]( You Might Like [Learn more about RevenueStripe...]( Trending The Headline Movie ticket prices will never be the same The Grind Film subscription services like MoviePass represent "the most significant change in the history of the ticket pricing," says motion-picture industry expert Barak Orbach. MoviePass, which charges just $10 per month for members to watch one movie per day, is among several initiatives designed to lure viewers back into the theater and away from Netflix. Major chains like AMC are also starting to experiment with subscription programs that will make it more affordable to go to the movies more often, and Regal Cinemas has started to consider demand-based pricing that would make it cheaper to see movies during off-peak times. This kind of innovation would have been out of the question 10 years ago. The Background Little has changed about going to the movies since the 1970's. Yes, we have better special effects and bigger screens, but most establishments still charge the same price to view blockbusters like Guardians of the Galaxy as they do for indie films. The average ticket price has jumped from $2 to $9 since 1971, but when you take inflation into account, the price has actually decreased. What really has changed is the way people watch TV and movies. With the advent of DVDs, on-demand video, and streaming services, it has become far more convenient (and affordable) to stay home and watch a movie than to visit the theater. "This is an explosion. This is it. This is, when they talk about it in 50-100 years, they're going to be talking about this moment," says analyst Jeff Box in regards to MoviePass. "I don't believe that we've seen anything this atomic since movie tickets have been tracked." [share]( [tweet]( Good to the last drop Did you know... The abbreviation Xmas isn't irreligious. The letter X is a Greek abbreviation for Christ. [share](#) [tweet](#) Help The Daily Grind support our Friends at Lady Freethinker You Might Like [Learn more about RevenueStripe...]( This email was sent to {EMAIL}" You can [OPT OUT]( your email address from our list. We respect your right to privacy. [View our policy.]( This email was sent by: The Daily Grind News 6890 E. Sunrise Dr. Suite 120-137 Tucson, AZ. 85750 Don't forget, your friend wants to be interesting too. So [Forward this Email to a Friend](