Showing posts with label G-20 Argentina. Show all posts
Showing posts with label G-20 Argentina. Show all posts

Saturday, December 8, 2018

Trump Being Played The Fool Again

The Trumpty Dumpty Report

During the G-20, Trump wasn’t invited to play with the other bully world dictators. He felt hurt that MBS (Saudi prince) and Putin gave each other the secret handshake without including him. Pouty faced Trump told his aide, “Get me outa here!” because he was left out of the Bully Boy Gangsta club.
    But Trump tried to make the best of it by meeting with China’s President Xi. Xi felt sorry for the Cretin-in-Chief and pretended to raise the idea that maybe, just maybe, China would agree to some sort of negotiation of terms to lower the impact of the current trade war. Yet, Trump seems to be ignoring the fact that China owns around $1.5T in U.S. treasuries issued when George W. Bush sold them to China in order to fund his Iraq/Afghanistan wars because Congress didn’t pony up the costs through higher taxes or war bonds, therefore, the war costs were borrowed from China. And now, they have serious leverage when they decide to play that card, which could trigger a major economic depression.
    The idea that Trump had this idiotic belief that the two had a meaningful discussion is hilarious. Trump’s pompous bravado was illustrated when he recently said, “Not to sound naïve or anything, but I believe President Xi meant every word of what he said at our long and hopefully historic meeting. ALL subjects discussed!” Then the Dow Jones Industrial Averages dropped 800 points! The markets know that President Chump is naïve and has no clue. Trump calling himself the “Tariff Man” is a foolhardy negotiating tactic, but President Fool can’t seem to stay out of the quick sand. He touted “an incredible deal” “long and good” yet there was no there-there. For Trump the idea that a no-deal, is an incredible deal has always been part of his imaginary play. And now, Trump says that maybe he won’t agree with a China trade deal after all. “It all depends.”
    What Wall Street is freaking out about may be a bit about the Huawei executive arrested in Vancouver, B.C, and now, being extradited to the U.S. for violating Iranian sanctions, but it is more likely the markets are now collapsing into negative territory for 2018, i.e., erasing gains made in 2018 and now creeping into 2017, because they are realizing that Trump is the most incompetent president ever and a danger to America. The markets are mostly reacting to tariffs, tax cuts for the rich, trade wars, and mounting risky corporate debt. Also, we are seeing collateralized debt obligations becoming a problem as we did prior to the 2008 economic depression. This is what happens when Bush, Paulson, Bernanke failed to break up the Too-Big-Too-Fail banks, and Shadow Banks, and investment firms can resume their dangerous collateralizing of debt tricks.
    We have heard from another White Nationalist Party House member from Kansas, Congressman Estes, who downplayed the disastrous erosion of personal wealth invested in stock market retirement plans. Estes said, “The American people want us to get things done.” He also said that the markets go up and down. And since July, they have been going up and down. That is what they do according to Estes.
   What kind of propagandistic bullshit is this idiot shoveling onto America’s household wealth? The market is NOT fluctuating as they do! The market is collapsing. And, in addition, the fiscal prediction for 2019 is a likely recession and global slowdown.
    Regarding Estes’ “get things done”, the mantra from McConnell and the rest of the White Nationalist Party members have pledged to NOT EVER negotiate with Democrats. This is the continuation of Newt Gingrich’s ‘No compromise position’ began back during the Clinton presidency, and continues today in Congress. Estes saying he wants to work with Democrats, when the White Nationalist Party has focused to NOT work with Democrats on much of anything.

    So, since Estes is bullshitting us about the massive losses on Wall Street, and now about working with Democrats, what other bullshit will we hear from his mouth and the mouth of his fellow Congressional White Nationalists? As Trump says repeatedly, “We will have to see.”

Friday, November 30, 2018

The Lost $23 Trillion Lost By Pentagon, and G-20 Argentina

The Trumpty Dumpty Report


    Follow the money. But, where is the money? This question must be asked, where is the $23 Trillion dollars of the Pentagon budget that cannot be accounted for by their auditors? Over the past 15 years, the Pentagon cannot find where this incredible amount of money has gone.
    The Pentagon has gone to Congress, at least, for the past 15 years fudging budgets because they have no idea where the previous year’s money had gone. In addition, the Pentagon has a 6 trillion dollar deficit. How can that be?
One sixth of the national budget goes to the Pentagon and parts of each year’s budget ends up falling into a Black Hole.
    One question that we must ask is, since George W. Bush’s Endless War began, has some, or most, of this missing money been slushed into cash and passed through the hands of military personnel on into foreign asset hands in places of conflict? Another problem is that Pentagon officials have publicly stated they do not want anyone looking into their budgets. I guess one reason could be is that they have no idea where the money has gone.
    The Cretin-in-Chief has told all of us that he wants to rebuild the military, and fill in the hollowed out budgets of the Pentagon. I guess, our incompetent president has no idea that the Pentagon is not hollowed out. They are rich in taxpayer dollars but have no idea where the money has gone.
    The Cretin-in-Chief is freaking out that the new Democratic House of Representatives want to investigate how the Trump Crime Syndicate and to what degree they been in cahoots with Putin and his oligarchs to get their Russian Idiot Asset elected to the presidency of the United States.
    He said, “If Democrats think they are going to waste Taxpayer Money- (ohh, he uses capital letters for emphasis twice in this Tweet.) - investigating us at the House level, then we will likewise be forced to consider investigating them for all of the leaks of Classified Information, and much else, at the Senate level. Two can play this game.” What game does this crime syndicate president believe Democrats are playing? If he believes that possible collusion, and, at the very least, lying to voters that he had no dealings with Russians is a game, then he doesn’t appear to understand how government functions. Our concern is that Trump has been playing dangerous games. Also, many believe the leaks are coming from within the White House.
    Yet, this president seems to be avoiding the massive loss of taxpayer dollars by the Pentagon. The Pentagon has not allocated any part of their budget to invest in the best supercomputers, such as Watson, to manage and account for their budgets. They continue to use their Radio Shack type computers to manage their accounting.
    This illustrates that the White Nationalist Party, aka, Republican Party, can get elected, yet are incapable of governing.

………….

Another big story is President Trump’s play date at the latest G-20 meeting in Argentina. He told the press that he has put together the “bestest and biggest and most fantastic” trade deal ever. But in fact, this new North American Trade Deal is just an update to the current NAFTA. One Canadian said, “We are just glad the American President didn’t “Wreck It Ralph”, throw his diaper at anyone, and tear up the deal. The changes to the current NAFTA are only minor and updated improvements, yet improvements, nevertheless.”
    The problem with Trump is that he has no idea the difference between what is a modest improvement from what is the biggest and, a fantastic improvement. He lacks understanding. He lacks sophistication. He lacks the ability to walk and chew gum at the same time. He has no idea how to engage in clear and mature dialogue in order to solve problems.
    President Trump was overheard saying, “I was the mostest and Be-Bestest person in the room. Without me this amazing and terrific and fantastic deal would never have happened. I’m disappointed that Putin and the Saudi Prince gave each other big hugs. I wanted some, too. I thought they were MY BFFs.”

    Now, the Cretin-in-Chief can fly home and feel like he has gotten to wear his Big Boy Pants in front of the leaders of Canada and Mexico.