192
   

monitoring Trump and relevant contemporary events

 
 
layman
 
  -3  
Sat 5 Aug, 2017 02:03 am
@roger,
roger wrote:
Sounds as though he found someone who is capable of giving good advice.

Not really, Rog. Priebus was convinced that Trump could not win after the pussy-grabbing tapes came out, and it was because of that that he advised Trump to drop out. A serious misjudgment, and bad advice.

Of course all the mainstream GOPers would have greatly preferred Pence over Trump, so their advice was tainted by that wish.
roger
 
  2  
Sat 5 Aug, 2017 02:23 am
@layman,
Sometimes you can be right for the wrong reasons.
layman
 
  -2  
Sat 5 Aug, 2017 02:32 am
@roger,
roger wrote:
Sometimes you can be right for the wrong reasons.

OK, I suppose. Then again, sometimes you can be just plain WRONG.
0 Replies
 
layman
 
  -3  
Sat 5 Aug, 2017 02:40 am
It's time (as it always is) for cheese-eaters to stick their pencil necks into the sand again eh?:

0 Replies
 
snood
 
  5  
Sat 5 Aug, 2017 03:58 am
@glitterbag,
glitterbag wrote:

snood wrote:

blatham wrote:

Quote:
Pretty clear that Mother Jones (and Blatham) want to suggest that the market has been falling off since Trump was elected
Neither said nor implied.

That's so interesting... It was neither said, nor implied - yet it's "pretty clear" to Finn. Must be some kind of ESP. That, or he's drawing again from that bottomless reservoir of knowledge, the library of 'pulled out of his arse'.



Well Finn hasn't been the same since he discovered our secret. You know, Blatham is the liberal leader of us sheep. Is it really such a mystery why he
concocts so much paranoid poppycockery.? I've reported all of this to our Queen, the ruler of the feminists and spiritual rabble-rouser. Out Queen likes Blatham quite a bit and often consults him for advice.



Dang it, I want to reply to this very badly but Blatham hasn't given me my talking points for the day yet. I'm sure whatever it is will be brilliant and profound like all the words he lets us say.
0 Replies
 
snood
 
  9  
Sat 5 Aug, 2017 04:12 am
I was just looking at a comparison of the numbers of various aspects of Obama's and Trump's presidencies. Here's one interesting tidbit: Trump would have to do two solo press conferences a month for the rest of the year to even catch up to the number that Obama did. He'd even have to do about one a month to catch Bush 43.
He does have the ready made excuse that he's the victim of the "fake news" bogeymen, so there's that to hide behind. And he has to hide behind something; otherwise it would look like he avoids facing the press solo because he knows he's woefully unprepared and ill equipped to deal with issues or speak contemporaneously to expound on, or defend his own presidency. Couldn't be that.
0 Replies
 
blatham
 
  5  
Sat 5 Aug, 2017 06:06 am
@Finn dAbuzz,
You said:
Pretty clear that Mother Jones (and Blatham) want to suggest that the market has been falling off since Trump was elected

I answered:
Neither said nor implied.

You responded:
Bullshit.

The graph does not show a falling off. I did not say that the Dow average was falling off. What the graph shows and what I did say was that Trump's tenure has not influenced the existing trendline which has been in place since 2009 and that Trump's claim that the current performance of Dow is both divergent from the norm AND that this divergence is due to something he has done are unwarranted claims. I also said it is his style to take credit for things where no credit is deserved. And I said that the only warranted claim he can make is that he has NOT crashed these figures.

But let me ask you this question. Do you think I come on here and purposefully lie? Let me know if that is what you think. If it is, I'll put you on ignore as there would be no sense in engaging you.
blatham
 
  3  
Sat 5 Aug, 2017 06:18 am
Capitalism can and does provide a rich breeding ground for psychopaths. Here's one.
Quote:
Martin Shkreli, 34, has confidently courted controversy in recent years, bulldozing his way into Wall Street and the drug industry, raising the price of a lifesaving drug by 5,000 percent overnight, boasting that he would outwit prosecutors in his federal fraud case, and live-streaming and tweeting throughout his five-week trial.

But on Friday, after five days of deliberations, jurors convicted him on three counts of fraud in federal court, and he now faces up to 20 years in prison on each of the first two counts, and up to five years on the final count.
NYT
hightor
 
  7  
Sat 5 Aug, 2017 07:06 am
@blatham,
When I saw the truncated graph Finn provided I wondered what his intent was as I had seen the one you posted earlier and the message was clear to me — the market rise has been pretty steady since the tepid recovery got underway. It's not difficult to understand why it continues to rise under the current administration and why at some point the bubble will burst once more and whoever's in office gets to bask in a chorus of opprobrium. The stock market is not the economy, folks. Weather is not the same as climate either.
blatham
 
  3  
Sat 5 Aug, 2017 07:32 am
@hightor,
Quote:
It's not difficult to understand why it continues to rise under the current administration and why at some point the bubble will burst once more and whoever's in office gets to bask in a chorus of opprobrium.
Yep. And when the Dow drops, as is inevitable, the chances of Trump accepting responsibility for that (mirror image of him trying to take credit now) are exactly zero.
0 Replies
 
blatham
 
  5  
Sat 5 Aug, 2017 07:34 am
This is rather interesting.
Quote:
The ferocity of the attacks coming from the faction of the party allied with Stephen K. Bannon, the president’s chief strategist, had General McMaster’s associates convinced that it was no coincidence. At one point on Friday, Breitbart News, formerly run by Mr. Bannon, had close to a dozen headlines on its home page about General McMaster, like “McMaster ‘Deeply Hostile to Israel and to Trump.’”

The #FireMcMaster hashtag was tweeted more than 50,000 times since Wednesday. Echoing the drumbeat were social media organs tied to the Russian government. According to the Alliance for Securing Democracy, a bipartisan group created to focus attention on Russian interference in the West, the top hashtag among 600 Twitter accounts linked to Russian influence operations at one point on Thursday was #FireMcMaster.
NYT
0 Replies
 
georgeob1
 
  -2  
Sat 5 Aug, 2017 09:16 am
@blatham,
blatham wrote:

Capitalism can and does provide a rich breeding ground for psychopaths. Here's one.
Quote:
Martin Shkreli, ....


A truly absurd opening proposition, utterly devoid of factual backup. My impression is that Lenin, Mao, Stalin, Hitler, Castro and the vaunted Maduro and his deceased predecessor of the "Bolivarian Revolution' of poor, unfortunate Venezuela were quite opposed to free market capitalism.

Just a couple of pages back Blatham was criticizing any suggestion that the accelerating economic growth; the surge in labor market participation and the rising stock market we have seen over the past six months could not possibly be associated with the rhetoric or policies ( both enacted and promised) of our current President and Congressional majorities. In doing so he cited the lack of clear factual connections in a complex environment.

Oddly his "rigorous standards" for such arguments appear to have quickly disappeared.

It is certainly true that many causal factors influence economic activity and do so with varying lead times. It's also observable that that politicians of every stripe are usually quick to claim responsibility for good news and blame their predecessors for bad stuff happening on their watch. It is also observable that Trump has indeed influenced Federal policy in a number of ways likely to stimulate growth and that he has also stimulated economic expectations - both factors likely to have some influence on current activity.
georgeob1
 
  0  
Sat 5 Aug, 2017 09:21 am
@hightor,
I agree with that. Moreover it appears likely that we will see a 10% or so correction in the stock market sometime fairly soon. However the effects of such things usually wash out in less than a year. I believe the long term growth will likely continue, and at a higher rate than has prevailed since 2008. I believe the recent changes in labor market participation and average wages are fairly reliable indicators of that.
0 Replies
 
izzythepush
 
  2  
Sat 5 Aug, 2017 01:18 pm
Quote:
The United Nations Security Council has agreed on fresh sanctions against North Korea over its missile programme.
A resolution banning North Korean exports and limiting investments in the country was passed unanimously.
Pyongyang tested two intercontinental ballistic missiles in July, claiming it now had the ability to launch a strike against the entire United States. The tests were widely condemned.
However, experts doubt the capability of the missiles to hit their targets.
The tests were condemned by South Korea, Japan and the US, and prompted the drafting of the new UN sanctions.
The export of coal, ore and other raw materials to China is one of North Korea's few sources of cash.
Estimates say that North Korea exports about $3bn worth of goods each year - and the sanctions could eliminate $1bn of that trade.
Earlier this year, China suspended imports of coal to increase pressure on Pyongyang.
However, repeated sanctions have so far failed to deter North Korea from continuing with its missile development.
China, North Korea's only international ally and a veto-wielding member of the UN Security Council, voted in favour of the resolution this time. It has often protected Pyongyang from harmful resolutions in the past.
The isolated state's repeated missile and nuclear weapon tests have been condemned by neighbours in the region.
But South Korea says it may hold direct talks with the North during a regional meeting this weekend.
Foreign Minister Kang Kyung-wha said she was willing to talk to her counterpart from Pyongyang, if the chance "naturally occurs".
Foreign ministers from the Association of Southeast Asian Nations (Asean) are meeting in Manila in the Philippines.
South Korea's Yonhap news agency reports "cautious expectations" that Kang Kyung-wha would meet North Korea's Ri Yong-ho on the sidelines of the forum.
"If there is an opportunity that naturally occurs, we should talk," Ms Kang told the agency.
"I would like to deliver our desire for the North to stop its provocations and positively respond to our recent special offers [for talks] aimed at establishing a peace regime."
US Secretary of State Rex Tillerson will also be attending the weekend's talks, where North Korea's nuclear programme is expected to be a main topic.
As the meeting began, Asean members issued a joint statement saying they had "grave concerns" over North Korea's actions, which "seriously threaten peace".


http://www.bbc.co.uk/news/world-asia-40838582
0 Replies
 
farmerman
 
  2  
Sat 5 Aug, 2017 03:27 pm
@Finn dAbuzz,
Quote:
You could make the reasonable argument that Trump so far has not caused a decline in the existing trend, but that's the only warranted claim.
I stated that very slope analysis a pqge or so back qn Finn basically agreed with me. Maybe its your breadth.
0 Replies
 
farmerman
 
  2  
Sat 5 Aug, 2017 03:38 pm
I went back to my ( company name here) newsletters and Baron's mags and saw that, in the 8 year Obama terms there were 4 steeper sloped S&P and DOW bumps. Each of which hs about the same slope as the Trump Bump, and each of them was truncated by a brief mini correction. When we compare an 8 year composite slope with a 6 month one, there will, of course be what appears to be bump-ups in such brief times. Im glad my entire stock portfolios have recovered and gone ahead since the Great Recession. I recall when the auto bailouts and recovery programs ent into effect mostly to the non support of the House.
0 Replies
 
blatham
 
  2  
Sat 5 Aug, 2017 06:40 pm
@georgeob1,
I said: Capitalism can and does provide a rich breeding ground for psychopaths.

You said: A truly absurd opening proposition, utterly devoid of factual backup.







Obviously, the psychopath can be found all over the place and fascist/authoritarian/totalitarian regimes will be prime places to expect them to arrive.
Quote:
Just a couple of pages back Blatham was criticizing any suggestion that the accelerating economic growth; the surge in labor market participation and the rising stock market we have seen over the past six months could not possibly be associated with the rhetoric or policies ( both enacted and promised) of our current President and Congressional majorities.
Again, what I said was that Trump has no warrant to claim his arrival in the WH is causal in the continuance of an existing trend.
blatham
 
  2  
Sat 5 Aug, 2017 06:50 pm
I see that another Fox jerk has been suspended
Quote:
Fox New host Eric Bolling has been suspended while the network conducts an investigation into whether he sent photos of male genitalia to female colleagues, a Fox News spokesperson told TPM Saturday.
TPM
0 Replies
 
blatham
 
  2  
Sat 5 Aug, 2017 07:01 pm
Quote:
Trump Says Mueller Just Called Him and Said He’s the Most Innocent Person Ever
By Andy Borowitz

“It was the middle of the afternoon, and he just picked up the phone to say how innocent I was,” Trump said. “He said I was the most innocent person he’d ever come across, and maybe in history.”
NYer

blatham
 
  3  
Sat 5 Aug, 2017 07:28 pm
Rational piece from NRO

Quote:
It Is Not Okay for Sessions to Threaten That He’ll Go After Reporters

...Here’s the thing though, Sessions: If you truly “respect the important role that the press plays,” then you’re not going to be threatening subpoenas or even jail time for journalists for publishing leaked information like you did on Friday.
0 Replies
 
 

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