Daily Archives: August 15, 2018

Tyrant Trump has an ‘enemies list,’ abuses power to retaliate against his critics

I have been trying to avoid discussing the new season of Celebrity Apprentice: White House Edition with Amorosa Manigault-Newman.

But last night I happened to catch an interview of former CIA Director John Brennan on The Last Word with Lawrence O’Donnell which was scheduled after this tweet yesterday:

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Lawrence O’Donnell wanted to know what Brennan meant by his comment “so dangerous to our Nation.” Watch the interview.

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It would appear that our egomaniacal narcissist Twitter-troll-in-chief “Dear Leader” must have been watching (although he would deny it) or reading his Twitter responses, because today the always vindictive and petty Trump revoked former CIA Director Brennan’s security clearance:

President Donald Trump has decided to revoke former CIA Director John Brennan’s clearance for access to classified information, he said in a statement read by press secretary Sarah Sanders Wednesday.

The courtesy of allowing a former administration official to retain security clearance has been “outweighed by the risk posed by his erratic conduct and behavior,” Trump said in the statement. “Mr. Brennan has a history that calls into question his objectivity and credibility.”

He added that Brennan “has recently leveraged his status … to make a series of unfounded and outrageous allegations, wild outbursts on the internet and on television, about this administration.”

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All that glitters is not gold: storm clouds on the economic horizon

“There is perhaps no single person or entity that has done more to sell the economy under President Trump than Fox News.” When Trump faces a negative story, Fox News pivots to the economy:

Fox routinely finds ways to spin bad, unrelated news about the economy into good, related news about the economy, often blaming the media for its focus on Trump’s scandals and ethics probes.

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Indeed, Fox has been so anxious to praise Trump for the economy, it has even admitted to deliberately giving the president positive economic coverage.

The economy is not as good as the three dolts on the divan (Fox and Friends) who provide Trump his presidential daily briefing (PDB) of Fox propaganda each morning would have you believe.

Earlier this month, the New York Times editorialized Clouds Darken Trump’s Sunny Economic View:

[T]he American economy has a lot more power than it can handle right now, and it’s making a lot of noise. So is President Trump, who takes singular credit for a robust second-quarter rise in the gross domestic product of 4.1 percent, something that hasn’t happened under any other president since … Barack Obama. While Mr. Trump praised himself effusively — he’s good at that, isn’t he? — the stock market seemed unimpressed. Friday’sannouncement that 157,000 new jobs were added in July, a modest gain or perhaps a seasonal glitch, elicited an even more subdued reaction. That’s because if you look down the line, there are few clear reasons to be so enthusiastic.

“Over all, we see this report as supportive of our views that the economy is currently firing on all cylinders,” wrote Bricklin Dwyer, a senior economist with BNP Paribas, after the new G.D.P. numbers were announced. But there was a caveat: Mr. Dwyer said that “growth is likely peaking. Indeed, in our forecasts, [the second quarter] marks a high-water mark for growth.”

For one thing, the initial jolt of the Republicans’ $1.5 trillion tax cuts, mostly for corporations and the wealthy, is wearing off. Corporations have bought back $437 billion of their own shares, which leaves them that much less to invest in new production, or wages. In fact, spending on business equipment slowed.

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Donkey Feed for August 15th, 2018

By Michael Bryan

It’s time for a healthy snack of news and information. Stick your head through the fence and don’t bite the hand that feeds you, this is the Donkey Feed.

First an interesting graphic for the day. As the Trump (mis)Administration moves to lengthen the period of near-worthless “short term” health insurance plans up to three years, the states, including Arizona, remain more protective of consumers than the Federal Government’s standards:

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Just click on the “continue reading” link for the rest of the Feed…

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