Monday, December 31, 2018
Bible verses about rumors: Rumors are very dangerous and they travel extremely fast. Christians are to have nothing to do with them. Proverbs 26 Without gossip, arguments stop. Troublemakers keep arguments alive. Exodus 23:1 “You must not pass along false rumors. Proverbs 11 Whoever derides their neighbor has no sense, but the one who has understanding holds their tongue. derogatory labels for perceived adversarial laws (death tax), institutions, and people That is WHAT makes Trump such a low-life! google him. Ikkyu for children (and the trump family).
Make no mistake, I am not advocating violence - a simple gust of wind will do it. And Trump is facing "the perfect storm."
Sunday, December 30, 2018
Trump hid from public view as his partial government shutdown passed the one-week mark, tossing toothless threats on Twitter.
Wednesday, December 26, 2018
Syria and Afghanistan have infuriated allies. let’s hope he did more than talk about himself.” ••• “ Just a distraction from his ridiculous shutdown and his bad bone spur news.” Trump doubles down on insistence Democrats must approve wall funding to end shutdown ••• “He’s cornered and trying to win some favorable publicity. I have no respect for individuals who utilize patriotism in exchange for publicity to further their personal status.”
Tuesday, December 25, 2018
U.S. stocks tanked again after their worst trading week in a decade. This drop came after "Not my President" Trump criticized the Federal Reserve on Twitter and Steve Mnuchin caused deeper concern.
This was Trump’s “lump of coal” Christmas gift for investors, shareholders, retirees, and mutual fund managers. Yesterday was the worst trading day ever - on a Christmas Eve. And it followed on the heels of markets finishing their worst trading week since the 2007 George W. Bush financial flop.
And Treasury Secretary Steven Mnuchin issued a puzzling statement, saying he'd spoken with the heads of the biggest U.S. banks to reiterate the strength of the financial system and to confirm their reserves of cash.
It would be quite normal for the treasury secretary to talk to the heads of big banks. This happens all the time. But the Treasury put out a press release on a weekend, before a holiday, assuring market participants that nothing was happening, which is not something that anybody had previously worried about.
And it's a weird statement. It like, unnerved a lot of market participants. Does Secretary Mnuchin see something that we can't see; is there something hidden?
We do have problems in a number of quasi-financial markets. The leverage loan market, for instance, is having some issues, where financiers are losing money as interest rates rise.
Is the president simply trying to find someone to blame for this stock market slide?
• Annie Lowrey of "The Atlantic.":
"The president... sees a rising market as being a sign of his success. He points to a rising market as being a good indicator of economic health, which it really isn't. [Now] he's looking for somebody [else] to blame now that the market is going down.
It's really important to note that the Federal Reserve is not responsible for the market going up. It doesn't see the market going up as being its responsibility. It is responsible for two things: 1) price stability and 2) unemployment."
No way to spin it when it is spinning out of control.
Monday, December 24, 2018
the fourth member of President Trump’s cabinet to resign or be forced out in less than two months (and the third in less than two weeks). tried to contain Trump’s worst instincts have resigned or been fired. Elizabeth Trump’s grandson for helping to pass the criminal justice bill.