President Trump- The Implications

[heironymouspasparagus]

GDP at 4.1%. No idea what that means, but I am certain we will hear more about Russia today.

Did you mean 'up'  4.1%??    That is what Trump is crowing about....  Quarters don't mean much - it's yoy that is significant.  And as I said earlier, this is likely to be just a 'dead cat bounce' due to people getting their purchases made before tariffs really kick in.  Stock market is showing what they expect....all this year.


https://www.statista.com/statistics/188185/percent-chance-from-preceding-period-in-real-gdp-in-the-us/

[Red Arrow]

If there are witnesses that can say that Cohen wasn't there when Don Jr told daddy, that is very difference from saying "it didn't happen", for there to be witnesses, that means that others were present when Trump was told and they know Cohen wasn't there. Right?

Maybe.  Could (although unlikely) be that witnesses were with Cohen somewhere where Trump was not.

[swake]

Maybe.  Could (although unlikely) be that witnesses were with Cohen somewhere where Trump was not.

It just seems awfully iffy to claim to have witnesses to something you are claiming didn't happen.

[Red Arrow]

It just seems awfully iffy to claim to have witnesses to something you are claiming didn't happen.

Proving the negative is (almost?) always difficult.

[swake]

Stormy Daniels' attorney, Michael Avenatti says he represents three more women who claim they were paid for NDAs by President Trump's team.Trump, AMI Entertainment and Michael Cohen. One of them "was pregnant at the time".

Did Trump pay for an abortion?

http://abc7.com/politics/stormy-daniels-attorney-says-3-other-women-were-paid-to-stay-quite-by-trump-cohen/3830894/

[hello]

Evangelicals have already shown their hypocrisy with their support for Trump.  It could come out that he paid for 100 abortions. They don't care.

[patric]

Evangelicals have already shown their hypocrisy with their support for Trump.  It could come out that he paid for 100 abortions. They don't care.

Nor would they care about collusion after it got a blessing of sorts from Team Trump

http://thehill.com/homenews/administration/399461-giuliani-collusion-is-not-a-crime

[heironymouspasparagus]

Trying to rationalize the stupidity of tariffs and the trade war Trump has brought us;

Commerce Secretary wants to know who in the world is gonna be bothered by $0.006 change in cost of steel for a can of soup... ?

Well we know who won't be - billionaires like him and his closest buddies....


https://www.youtube.com/watch?time_continue=13&v=GvrQxSb4QtM


Presumably there is a similar number for cans of pop.  And while there may only be many millions of cans of soup, there are billions of cans of pop.  Adds up to big numbers that certainly won't bother the billionaires but will have an effect on the bottom 95% of people in the country.    "Let them eat cake!!"

[patric]

Trying to rationalize the stupidity of tariffs and the trade war Trump has brought us;

Commerce Secretary wants to know who in the world is gonna be bothered by $0.006 change in cost of steel for a can of soup... ?

Well we know who won't be - billionaires like him and his closest buddies....

The Trump administration is proposing a huge tax cut for the rich that bypasses Congress
http://theweek.com/speedreads/787741/trump-administration-proposing-huge-tax-cut-rich-that-bypasses-congress

and while we're at it;


   Collusion is not a crime, but that doesn't matter because there was No Collusion (except by Crooked Hillary and the

Democrats)!
   — Donald J. Trump (@realDonaldTrump) July 31, 2018

https://twitter.com/realDonaldTrump/status/1024263146008207361

[Ed W]

United States Steel reacted almost gleefully to tariffs on imported steel. I'm wondering, though, if they've kept their prices low compared to imports inorder to get more market share or if they've increased their prices to take advantage of higher import prices? I'd think either way their profits should go up, but I don't know how to find the information.

[Ed W]

"Who will rid me of this meddlesome priest?"
Or something like that. Our Criminal-In-Chief is urging Jeff Sessions to end Mueller's investigation, which would likely require firing Mueller and all his staff. Could we see another Saturday Night Massacre?

[Conan71]

United States Steel reacted almost gleefully to tariffs on imported steel. I'm wondering, though, if they've kept their prices low compared to imports inorder to get more market share or if they've increased their prices to take advantage of higher import prices? I'd think either way their profits should go up, but I don't know how to find the information.

Any products containing steel that I sell between two of our businesses have all gone up, regardless of point of origin, it seems.

[Hoss]

Any products containing steel that I sell between two of our businesses have all gone up, regardless of point of origin, it seems.

All this winning...it's too much.

[heironymouspasparagus]

Any products containing steel that I sell between two of our businesses have all gone up, regardless of point of origin, it seems.

We had 12% (approx) increase in steel and 15% increase in Al this year before tariffs - buyers and manufacturing are 'bracing' themselves - they are being told another 12 to 25% -ish before year end.

Local steel/Al will use this chance to kick  their prices up, too.  As is always done.  Only losers in this are everyone who doesn't own a steel mill...

[patric]

Erasing Obama:  Trump administration revokes fuel-efficiency requirements
https://www.nbcnews.com/business/autos/trump-administration-revokes-obama-era-fuel-economy-standards-n896846