Trump keeps his enemies close, friends distant – the result confuses everyone, including his base voters
The average American could care less who is the President or which party has control of Congress, but everyone who watches the news is confused about what Donald Trump really believes.
The only sure and consistent Trump initiative has been the 2018 Budget to cut taxes for big corporations – dropping their income tax support of public services from 35% to 21% of profits, and introducing a territorial system so that U.S. companies’ overseas earnings will be taxed at 0%. On the other hand, retirees will continue to pay income tax on their earned Social Security benefits.
Attribute that business subservience to the appointment of financiers Steve Mnuchin, Secretary of the Treasury, and Gary Cohn, National Economics Council Director. How could either of these fat cats promote campaign promises to rid us of Wall Street influence? Continue reading →
Just read another article about Russian collusion, this one on Monday in Vox about why there might, possibly, circumstantially be something dangerous or suspicious in past contacts between the Donald Trump Presidential campaign or its members or associates and anyone who ever knew or worked for Vladimir Putin.
It’s tiring to read the same old litany about why Trump beat Hillary Clinton, and you might conclude “what difference, at this point, does it make,” as she once noted.
But it does make a big difference to the giant in the room – China!
Xi Jinping, anointed China’s lifelong leader, is suddenly smiling in his noodles, as America’s media seem to be continually chasing ghosts, while our country is burglarized. Continue reading →
During his Saturday campaign rally in Washington, Michigan, the “Hire America” President Donald Trump said that the U.S.A. unemployment numbers were so good that it was now possible to allow many more guest workers into the country to work the fields and take millions of other jobs. The audience gasped and then was silent.
It reminded voters, some who vigorously supported Barack Obama, of how that progressive candidate promised to reform the finance cartel, but then appointed nearly everyone from Wall Street to the Cabinet and highest councils.
And many may have recalled the first George Bush’s lip-reading campaign promise of “no new taxes.”
Or FDR’s pledge in the 1940 election to not send “our boys” into a European War.
I always thought it was a choice of two scenarios: some Presidents change their mind and some lie. But now there is the third possibility – that the President doesn’t have a clue about what he is saying. Mr. Trump, are you listening carefully? Continue reading →
How does a 100% tariff only increase the real price of a $10,500 stent or a $600 eyeglass by only $15?
What does President Donald Trump’s tariffs on $50 billion worth of imports from China actually mean, and how will this affect you?
The blather ministers of mainstream media have received their talking points from the same lobbyists who control Congress, and they are using scare tactics on the public.
“A 25% tariff on a product will raise the cost of needed goods by a third, hurting the American consumer,” one son of a billionairess announced.
“We will have shortages of needed goods,” a genius two years out of college lamented.
“There will be a trade war, like the one that caused the Great Depression,’ a fellow with a bad wig grumbled.
The last point first. The Great Depression and crash of the stock market was in 1929. The Hawley–Smoot Tariff act was passed in 1930. The Depression was the result of the greatest economic inequality in our history – until today. The Crash was not caused by tariffs enacted after the fact by the unfettered capitalist administration of GOP president (Herbert Hoover). Continue reading →
President Donald Trump must have been distracted, while rubbing his gold-plated putter, when the Cabinet and the West Wing top birds were being anointed, because only golf daydreaming easily explains:
- H. R. McMaster, James Mattis, Rick Perry and Wilbur Ross – Bilderberg Group participants.
- Gary Cohn, Dina Habib Powell and Steven Mnuchin – Goldman Sachs
- Rex Tillerson – Exxon-Mobil
- Kenneth I. Juster – Trilateral Commission
These officials are all establishment globalists, and Trump campaigned as a populist nationalist. Each appointee should be considered a slippery swamper, and because of that, some are now out of office or headed that way. Continue reading →
Rich or poor, religious or not, every leader of every Southern state in 1860 opposed tariffs and embraced slavery. In the North, where there was no slavery, everyone favored tariffs to protect both American industry and wage earners from unfair foreign competition.
Today, Paul Ryan, Cato Institute or Heritage Foundation invariably promote cutting Social Security, Medicare, Minimum Wage, in fact they despise anything that helps the middle class. On the other side, CNN, Paul Krugman, WAPO and the New York Times say they oppose cuts to these necessary programs.
So, what’s happening here. Why are the leaders of the far left and far right joined together to fight against America seeking fair trade through fair tariffs? Continue reading →
House Speaker Paul Ryan’s new tax law will save less than $9 a week for most working Americans, and many may receive cuts as little as $2.70. Meanwhile, a $1 million filer will gain $628 a week. The GOP plan smells like a few peanuts for the middle class and the elephant’s share of the tax cut designated for the very rich.
Current law now taxes a married couple for every dollar earned that exceeds $24,000 a year. Last year’s tax floor was $20,800, or a difference of $3,200.
Anyone earning exactly $24,000 in 2018 will save income tax of 10% of that $3,200, or $6.15 a week, versus last year.
What do you do with this $6.15 tax cut? If you are taking Xarelto for heart problems, as millions do, your tax bonanza won’t cover that drug’s $80 a month increase, or offset higher gas prices, or, or…
But what would have happened if candidate Donald Trump’s original tax plan had been adopted? Continue reading →
Trickle, trickle, fools we are, to trust the rich, now flush with cash, will share with us their bounty
The inlaid walnut table in the corporate boardroom held 12 on either side and two or three at each end, and the execs were all perched, prepped to pounce, when I dragged in my 2001 budget – 1015 pages of spreadsheet and other sheet.
As division CEO of a NYSE-listed publishing company with nearly a billion dollars sales, my pitch was explain how I would increase sales, restrain costs and improve the value of the newspapers I published.
What could go wrong? In the past year sales were up, but more important, the bottom line jumped from about a $200,000 loss to an $860,000 profit before taxes.
Since most of my employees were salaried – meaning they worked long hours without overtime compensation – my proposed budget included a four percent average pay increase. That four percent, I was told, was a big mistake. Continue reading →
$4,000 Wage hike “Fake News” from the White House – whatever happened to Trump promise of “no taxes for a couple earning less than $50,000”
UPDATE to April 2017 post, Russian Dossier with complete text: DNC and Clinton campaign paid for Fusion GPS report used by FBI to investigate President.
The following was emailed to me on Saturday from the White House.
TRUMP PENCE WEEKLY NEWSLETTER 10.21.17
TAX CUTS FOR REAL AMERICANS
President Trump is working harder than ever to bring tax reform to middle class Americans, including the biggest tax cut in American history. This week, the President took his case to conservative leaders, seeking their support in pushing Congress to pass a tax reform bill, he said, “We need…help…to get our tax cuts through the house, through the Senate, and to my desk for signature.” Now is the time for all Republicans in Congress and maybe even patriotic Democrats to come together and support major tax reform that will boost wages and deliver families a $4,000 annual pay raise. We must get Congress on board, in order to deliver tax relief to hard-working Americans. Call and remind your Representative and Senators to support the President’s Middle Class Miracle today.
Although I am retired and there is no boss to give me a pay raise, I imagined that, at least, my children and grandchildren would benefit, and perhaps send me a fancier birthday card or buy me a funny hat with all the extra cash in their checking accounts.
And after learning that I am a “Real American”, according to this government email, I wondered: “could this $4,000 pay raise be real?” I turned to YouTube, where your computer screen seems to come alive with the voice of Mr. Trump and Bill Nye, among others, and found the President making this same promise: Continue reading →