Category Archives: Donald Trump
Trumponomics
President Trump yesterday announced a 25% tariff on imported steel. Good news for American steelmakers but not so good for American Steel users. He also slapped aluminum with a 10% charge.
The news came as a surprise to the stock market. The Dow displayed its displeasure with Trumponomics by tanking 420 points. And it opened this morning down another 320.
Trumponomics: Tax Cuts and Tariffs
The news from Dan Henninger in the WSJ yesterday morning (before Trump’s announcement) was that the president is obsessed with jobs.
Every president claims to be a jobs president, but after a year it is becoming clear that this may be the only thing Donald Trump thinks about. He may even impose tariffs soon on imported steel, seeing only the protected jobs in front of him and missing the larger loss of jobs in steel-using industries.
But the bigger surprise might be that Trump’s keeping his campaign promises, from tax cuts to tariffs.
Comey’s Response
The Devin Nunes memo released last Friday described an FBI application to the FISA court. The FBI was seeking permission to spy on Carter Page, a low level Trump advisor with Russian contacts. The application included the infamous Christoper Steele Trump dossier.
That would be the same dossier that former FBI Director Comey said contained “salacious and unverified” information. Not only that, the Clinton campaign funded the thing and possibly contributed information to it.
Comey’s Response
Comey’s response when he read the memo – That’s it?
Adam Schiff Leaks
Devin Nunes, the Republican chairman of the House Intelligence Committee has prepared a four page memo. The memo is a summary of thousands of pages of information the FBI refused to turn over to the committee until it was threatened with contempt of Congress. The committee is responsible for oversight of the FBI.
Nunes says the public has a right know about the information in the memo. But the FBI is fighting its release.
The summary is said to reveal the quality of evidence the Justice Department presented to a FISA court. The FISA court has the power to authorize spying on Americans, including members of the Trump 2016 presidential campaign.
Adam Schiff
Adam Schiff is the ranking Democrat on the committee. He says Nunes is trying to distract from Special Counsel Mueller’s Russian collusion investigation by releasing classified information. And he now claims Nunes altered information in the memo.
Trey Gowdy says the memo will be an embarrassment to Schiff.
Until now Schiff has shown little interest in obtaining information about FBI efforts to spy on Americans. Except when it suites his purposes.
Warning: S***storm of Profanity
When I read the paper yesterday morning I knew we were in for a MSM s***storm. That’s because on page A4, in a story headlined Trump Vulgarity Roils DACA Deal, The Wall Street Journal said “shithole.”
As in:
“President Donald Trump questioned why the U.S. would admit people from “shithole countries…”
And that was in the lead sentence. Then they did it again in the third sentence. And again in this morning’s paper:
The fate of young undocumented immigrants was in doubt and the odds of a government shutdown appeared to be growing in the wake of President Donald Trump’s dismissal of “shithole countries” in Africa and his rejection of a bipartisan proposal to aid the so-called Dreamers.
Trump also wanted to know why we don’t import people from Norway instead of Haiti. Norway, for its part, said it didn’t want to come here.
I haven’t been to Haiti so I can’t say if Trump’s assessment is accurate. But one man’s s***hole can be another man’s money pot. That is if you’re the Clinton Foundation doing good deeds in Haiti.
I have been to Djibouti, Africa and the president may be on to something there.
Trump made his colorful comments during a closed bipartisan meeting to work out a DACA agreement. The day before he held a televised bipartisan meeting and uttered many nice words. In that meeting he said he’d sign any bill brought to his desk.
But back to the bad words. CNN would not be outdone. Gateway Pundit which apparently is an avid watcher, says CNN said S***hole 36 times on Thursday night.
Pussyhat, on the other hand, long ago entered the media vernacular. Right around the time Madonna pondered blowing up the White House.
And it took Bess Truman 25 years to get Harry to say manure.
Celebrity Billionaire Presidency
It looks like we might not have corrupt campaign funding to kick around anymore. The 2020 presidential field is filling up with billionaire celebrities who can fund their own campaign corruption. And that’s not to mention the free publicity they’ll get.
Oprah gave a speech at the Golden Globes setting off speculation she wants to be president. Her celebrity colleagues went wild. Presumably she’ll run as a Democrat.
Celebrity Billionaire Presidency
And Mark Cuban, the celebrity billionaire owner of the Dallas Mavericks, has long been considering throwing his NBA championship ring in the ring. If he does so, he says he’ll run as a Republican. Though, as of November he said there’s only a 10% chance he’ll do it.
Maybe Oprah will inspire him.
