Thursday, April 26, 2018

Trump Allies Urge Fed to Cut Balance Sheet and Revive Credit

Bond investors may have another reason to worry after Donald Trump's election last week: Some of his allies are not fans of the Federal Reserve’s big balance sheet of bonds and want the central bank to shrink it. They argue that the Fed's debt portfolio has damaged the economy by...

Mike Pence Will Be the Most Powerful Christian Supremacist in U.S. History

The election of Donald Trump has sent shockwaves through the souls of compassionate, humane people across the country and the world. Horror that a candidate who ran on a platform of open bigotry, threats against immigrants and Muslims, and blatant misogyny will soon be president is now sinking in. Trump...

Donald Trump was right: The Election was Rigged. In his favour.

ETHNIC VOTES STOLEN IN CRUCIAL STATES HELP FIX US ELECTION FOR TRUMP, REVEALS GREG PALAST. Throughout the US election campaign one of The Donald’s main refrains was “this election is rigged.” Turns out this particular Trump election rallying cry wasn’t a lie... Well, not entirely. Veteran election investigator Greg Palast has uncovered...

The Nation’s Biggest Banks Have Gotten a $130 Billion Boost from Trump Win

Biggest winner: Bank of America. Donald Trump and the big banks appears to be this year’s biggest story of unrequited love. While Trump has accused Wall Street of trying to ruin the country on the election trail, investors banking on the fact that the next president will be good for nation’s...

Did Republicans Rig the Election?

Fred Leidel was born in 1916, before women got the right to vote. At 99 years old, he biked to the polls in Madison, Wisconsin, on Election Day. He designed propeller blades for airplanes during World War II and was an engineering professor at the University of Wisconsin. Everyone...

Global Trumpism: Why Trump’s Victory Was 30 Years in the Making and Why It...

Trump's victory was predictable, and was predicted, but not by looking at polls. Polling has taken a beating recently having failed to predict the victory of David Cameron's Conservative Party in the British general elections, then Brexit, and now the election of Donald Trump. One can argue about what’s...

Trump And Iran: What The Next Administration Can Do

The United States’ relationship with Iran tops the list of foreign policy issues that will confront President-elect Donald Trump when he takes office in January. Like many of the other Republican presidential candidates, Trump was an early and staunch opponent of the Joint Comprehensive Plan of Action (JCPOA), the...

Bonds bloodied as Trump spending plans spur dollar

Routs in global bonds and emerging markets intensified, while the dollar climbed with base metals as investors positioned for the wave of fiscal stimulus that Donald Trump has pledged to unleash. The yield on 30-year Treasuries rose to the highest since January, with last week’s record debt selloff bleeding into...

Google and Facebook Take Aim at Fake News Sites

Over the last week, two of the world’s biggest internet companies have faced mounting criticism over how fake news on their sites may have influenced the presidential election’s outcome. On Monday, those companies responded by making it clear that they would not tolerate such misinformation by taking pointed aim at...

Spain king to visit Saudi with sale of warships on agenda

Madrid (AFP) - Spain's king will begin his first state visit to Saudi Arabia on Saturday, with the possible sale of five warships to the oil-rich kingdom on top of the agenda, sparking protests from rights groups. Felipe VI will be accompanied during his three-day visit by Foreign Minister Alfonso...

UN: ISIL executes civilians en masse in Iraq

UN details series of reported ISIL abuses and warns that the armed group is stockpiling chemicals in civilian areas. ISIL fighters have reportedly shot and killed scores of civilians in Mosul in recent days, according to the UN, which has also confirmed the discovery of a mass grave in the nearby...

The Election was Stolen – Here’s How…

Before a single vote was cast, the election was fixed by GOP and Trump operatives. Starting in 2013 – just as the Supreme Court gutted the Voting Rights Act – a coterie of Trump operatives, under the direction of Kris Kobach, Kansas Secretary of State, created a system to purge...

Obama Administration Gives Up on Pacific Trade Deal

Congressional GOP leaders indicated they wouldn’t consider Trans-Pacific Partnership in lame-duck session. A sweeping Pacific trade pact meant to bind the U.S.and Asia effectively died Friday, as Republican and Democratic leaders in Congress told the White House they won’t advance it in the election’s aftermath, and Obama administration officials acknowledged...

Beware Donald Trump’s Infrastructure Plan

We don’t know much about Donald Trump's plans for this new toy he’s inherited called the world’s only superpower. But we know that he likes to put his name on things, which is why his prioritizing of an infrastructure program makes a lot of sense. He can barnstorm the...

Donald Trump Ran on Protecting Social Security But Transition Team Includes Privatizers

Donald Trump campaigned on protecting Social Security. At the Miami GOP presidential debate in March, he said he would “do everything within my power not to touch Social Security, to leave it the way it is; to make this country rich again.” In August, his campaign told CNNMoney that “We will not...

Trump Campaigned Against Lobbyists, but Now They’re on His Transition Team

WASHINGTON — President-elect Donald J. Trump, who campaigned against the corrupt power of special interests, is filling his transition team with some of the very sort of people who he has complained have too much clout in Washington: corporate consultants and lobbyists. Jeffrey Eisenach, a consultant who has worked for...

Trump Hasn’t Mastered the Art of Killing the Iran Deal

The presidency-elect can’t kill the agreement directly – but he could undermine it from within. America has never known so little about a president-elect. After Trump ran a campaign almost completely void of substance, speculation about his positions regarding key national security issues is doomed to be based on nothing...

Donald Trump, in Exclusive Interview, Tells WSJ He Is Willing to Keep Parts of...

President-elect hints at possible compromise after vows to repeal the Affordable Care Act. NEW YORK—President-elect Donald Trump said he would consider leaving in place certain parts of the Affordable Care Act, an indication of possible compromise after a campaign in which he pledged repeatedly to repeal the 2010 health-care law. In...

Donald Trump Likely to End Aid for Rebels Fighting Syrian Government

WASHINGTON — President-elect Donald J. Trump said Friday that he was likely to abandon the American effort to support “moderate” opposition groups in Syria who are battling the government of President Bashar al-Assad, saying “we have no idea who these people are.” In an interview with The Wall Street Journal...

2016 Presidential Election Table

According to the exit polls conducted by Edison Research, Clinton won four key battleground states (NC, PA, WI, and FL) in the 2016 Presidential Election that she went on to lose in the computerized vote counts. With these states Clinton wins the Electoral College with a count of 306...
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Chris Hedges: The Surrender of the Liberal Left to Neoliberalism Gave Us Proto-fascism

With Trump, you get “the naked fist of a very frightening police state come down upon us,” warns Chris Hedges. Sharmini Peries: What is your reaction to having Trump as a president? Chris Hedges: Depression, that Trump won, followed by anger at the left for failing, after the passage of NAFTA...

Trade, Not Immigrants, May Have Been Key Motivator of Donald Trump’s Voters

A deeper look at election results suggests his victory may have come more from his stand against free trade. From the day he rode down an escalator at Trump Tower to launch his campaign, Donald Trump's candidacy was identified most often with one issue: fighting illegal immigration. A deeper look into...

Trump Team Promises To Dismantle Dodd-Frank Bank Regulations

During his presidential campaign, Republican Donald Trump said he would "get rid of" Dodd-Frank — the sweeping legislation passed in 2010 to address problems underlying the 2008-2009 financial crisis. Many Republicans hate the 2,300-page law, saying it is layered with far too many regulations. But Democrats say it provides valuable...

Main Street Champion Trump Turns to Wall Street to Fill Treasury Post

President-elect Donald Trump won the White House by promising supporters he was an outsider who was not beholden to special interests on Wall Street. But it didn’t take long for him to look to lower Manhattan for help. According to CNBC, Trump is considering JPMorgan Chase chief Jamie Dimon as...

Trump National Security Team Includes Surprising Names

With many mainstream Republican defense experts having denounced his candidacy, President-elect Donald Trump is assembling a team of lesser known national security figures to staff his transition team, intelligence and military officials told NBC News. A number of prominent Republican former security officials have made it clear through words or...

Never Trump GOP preparing to work with Trump to squeeze Iran

Republicans in Congress who vigorously opposed Donald Trump's run for president are now preparing to work with the incoming Trump administration on a number of foreign policy and national security issues where their policies overlap. First on their agenda is drastically increasing sanctions on Iran. “There are several issues that...

Israel won’t let Iran have military presence in Syria, Netanyahu tells Russian PM

Israel will prevent Iran from establishing a military presence in Syria, and will continue to intervene to stop Iran arming Hezbollah and other Shiite militias there, Prime Minister Benjamin Netanyahu told his Russian counterpart, Dmitry Medvedev, on Thursday in Jerusalem. Moscow is a staunch supporter of Basher Assad’s regime and...

Obama directs Pentagon to target al-Qaeda affiliate in Syria, one of the most formidable...

President Obama has ordered the Pentagon to find and kill the leaders of an al-Qaeda-linked group in Syria that the administration had largely ignored until now and that has been at the vanguard of the fight against the Syrian government, U.S. officials said. The decision to deploy more drones and...

NAACP Calls for Restoration of Voting Rights Act in Wake of 2016 Election

Baltimore, MD – For the NAACP, the nation's oldest and largest civil rights organization, the headline story of November 8 is not merely Trump's triumph or Clinton's concession but rather the millions of Americans who were unable or who unnecessarily struggled to cast their votes because of a badly...

Defense Industry Stocks Surge Following Donald Trump Victory

Donald Trump’s upset victory Tuesday has brought joy to the defense industry. Here’s a snapshot from Google Finance. General Dynamics: Raytheon: Lockheed Martin: Boeing: Trump campaigned on maintaining a strong military, but also voiced some skepticism about overseas military engagements and overpayments to defense contractors. The defense stocks surging is a sign that investors believe...

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