Is there something wrong with Trump?

[Well aside from the usual.]

Wow! The last nearly 2 weeks have put the Trump administration and the stock markets on a lengthy roller coaster.

Beijing unveiling a new round of retaliatory tariffs on about $75 billion worth of US goods placing tariffs of 5% or 10% on US imports starting on September 1st, according to a statement posted by China’s Finance Ministry. This round affects beef, oil, soya beans, nuts, cream, turkey, and chemicals.

A second possible round on December 1st would affect coffee, corn, vehicles, whiskey wood, doors, etc.

The Ministry also announced plans to resume tariffs on US imports of automobiles and automobile parts. The tariffs would be 25% or 5%, and would take effect on December 15th. Recently, China said it would take countermeasures after Donald Trump announced it would impose 10% tariffs on Chinese imports worth $300 billion.

Not just as few hours after, Trump decided to increase current tariffs at 25% to 30%. Those at 10% will jump to 15%. The Dow Jones stock market – in just a short time – dropped more than 700 points after the announcement at one point. He claimed, in a tweet, that China’s tariffs are “politically motivated”. He ended his set of tweets with “Thank you for your attention to this matter!”

Roger Johnson, president of the National Farmers Union, said “It’s no surprise that China is slapping even more tariffs on American products. Every time Trump escalates his trade war, China calls his bluff — and why would we expect any differently this time around? And it’s no surprise that farmers are again the target.”

Trump said, “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing our companies HOME and making your products in the USA.” Trump can’t order American business to do anything as it is known as the “private sector”.

The Dow Jones had already dropped 300 points on the fear of another round of Trump tariffs. Trump also expressed anger at Federal Reserve Chair Jerome Powell. Powell in a speech today did not indicate if the central bank has plans for another interest rate cut. Trump has been calling for further cuts to rates.

Upsetting [saying it mildly] another ally, Trump tweeted “Denmark is a very special country with incredible people, but based on Prime Minister Mette Frederiksen’s comments, that she would have no interest in discussing the purchase of Greenland, I will be postponing our meeting scheduled in two weeks for another time.” Seriously? Frederiksen said the word “Absurd” for her answer.

Trump had accepted an invitation to visit Her Majesty Margrethe II, Queen of Denmark. Now it is a diplomatic snub that he has canceled the visit because of his vindictive pettiness. Trump confirmed his interest in buying the country, telling reporters at one point that Greenland is hurting Denmark. Doesn’t explain how – of course.

Oh it must be fun being a US ambassador in this administration.

Estimated minimum price to buy Greenland is over $1 billion, for 56,000 people and 9% unemployment. Add harsh conditions and plenty of ice. But it does have some untapped resources.

No shocker here [or I told you so]: Trump is reversing his stance on gun control. After the shootings he said “I’m looking to do background checks… I think background checks are important.”

Then he responded recently by saying “I don’t want people to forget that this is a mental health problem… It’s the people that pull the trigger. It’s not the gun that pulls the trigger… “I’m also very, very concerned with the Second Amendment”. These are basically the same phrases that the NRA has been pushing for. So you think that anything will happen?

“I had a very good meeting with Tim Cook,” Trump said in an interview. “I have a lot of respect for Tim Cook, and Tim was talking to me about tariffs. And one of the things, and he made a good case, is that Samsung is their number-one competitor, and Samsung is not paying tariffs because they’re based in South Korea.”

He also said that Apple “will be spending vast sums of money in the US. Great!” though he doesn’t appear to have mentioned any details of further US investment in his comments to reporters. He has said this before of more US investments in the past only to have nothing come out of it.

He has to remember that his policies are hurting American businesses. He is the one to blame for issues that American companies who are having issues with it. On the other hand, Apple has plenty of money and part of their problem is that their products have had slumps because of a combination of higher prices and poor quality control [think recently about keyboard and battery issues with their laptops].

Trump may in the end exclude Apple from getting hit with the tariffs. And so it unravels. He does it for one company and other American companies who have at least some manufacturing done in China will ask for the same treatment. Most of them may not be as wealthy as Apple.

“If I wanted to make a bad deal and settle on China, the market would go up. But it wouldn’t be the right thing to do,” Trump explained. “I’m just not ready to make a deal, China would like to make a deal, I’m not ready.” So his ego prefers the world end up in a recession.

Trump and his advisers insist their trade war with China won’t hurt American consumers. But analysts say otherwise. The tariffs Trump has already imposed on China are estimated to cost the average American household $600 per year, according to a report by JPMorgan Chase. That will rise to $1,000 if Trump carries through on his plan to levy tariffs on another $300 billion of US imports from China, the bank added.

Oh craps! Trump referred to himself as the “chosen one” while speaking on his role in the ongoing trade war between the US and China. Later he said “Nobody has done a job like I done.” He said at one point that China had the worst economic year in 50 year. Last week he said at one point it was 25 and then 37. How things change in a week or so.

Trump conceded that economies across the world are “not doing well like we are doing, the rest of the world, if you look at Germany, if you look at European Union, frankly, look at the UK, look at a lot of the countries, they are not doing well.” If the world’s largest economies [other than the US] re in a recession, then the US will follow.

Trump added that “most economists actually say we are not going to have a recession.” If you translate that, it usually means he asked one or two people who may know about the economy and generally agree with everything he says. Trump sent out some people to news channels to tell people everything is good with the economy.

Several senior White House officials have begun discussing whether to push for a temporary payroll tax cut as a way to arrest an economic slowdown revealing growing concerns about the economy among Trump’s top economic aides. But Trump says that the economy in the US is doing well?

As if Trump doesn’t have enough to complain about this week: “Henry Ford would be very disappointed if he saw his modern-day descendants wanting to build a much more expensive car, that is far less safe and doesn’t work as well, because execs don’t want to fight California regulators.” Wonder what he is dreaming about this time.

This after saying “My proposal to the politically correct Automobile Companies would lower the average price of a car to consumers by more than $3000, while at the same time making the cars substantially safer. Engines would run smoother.”

Not to be out done, he then whined about the US share of the NATO budget versus everyone else.

Go figure. He is the president of the US and he is still complaining about the 2016 votes – 30+ months later. He tweeted “Wow, Report Just Out! Google manipulated from 2.6 million to 16 million votes for Hillary Clinton in 2016 Election! This was put out by a Clinton supporter, not a Trump Supporter! Google should be sued.”

He was referring to a study by psychologist Robert Epstein [hmmm], which was discussed on Fox. Epstein himself says Trump was wrong about his findings. Epstein did find “bias” in Google search results, but he says there is no evidence Google “manipulated” the results to favor Hillary Clinton. Epstein said the pro-Clinton bias was “sufficient to have shifted between 2.6 and 10.4 million votes” to Clinton – not 16 million.

Epstein used a whopping 95 people from 24 states. That is research? For statistical purposes, this has a wide error. He also didn’t even publish his findings in a credible journal or web site that is related to his research. Epstein said he is “suspicious” that Google is deliberately biasing its results, given the Democratic leanings of its employees and the allegations of company “whistle blowers.” Epstein didn’t divulge who he supports.

Trump wants Russia back into the G7 [as the G8] in time for the 2020 meeting in the US. Trump claimed that President Barack Obama wanted Russia out of the group because “he got outsmarted.” He didn’t say how Obama was outsmarted, but you know Trump. Imaginary thing. Russia was suspended from the group after the majority of member countries united against Russia’s annexation of Crimea.

Trump held a lengthy phone call with his master, NRA chief Wayne LaPierre, recently. Now it looks like universal background checks are “off the table.” LaPierre reminded Trump how NRA members helped get him elected. No shock in Trump’s latest stance.

The Trump administration announced plans that could hold undocumented families detained together indefinitely, replacing the agreement that set a 20-day limit for holding children. The rule is meant to reduce the number of families trying to enter the US. Already this year, more than 430,000 family members have been arrested for crossing the southern border illegally, compared to around 100,000 for all of last year.

Then Trump said he is “seriously” considering ending US birthright citizenship despite the fact that such a move would face immediate legal challenge and is at odds with Supreme Court precedent. The 14th Amendment of the Constitution guarantees birthright citizenship and states: “All persons born or naturalized in the United States and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside.”

The White House has dropped its attempt to move forward with a controversial plan to eliminate up to $4 billion in funding to the State Department and the US Agency for International Development. Previously, Trump misrepresented the developments that led Turkey to purchase the Russian system, blaming the Obama administration for the situation.

The Trump administration has sought to decrease what it believes is wasteful spending and make foreign aid more conditional on support for US policies. White House officials believed they had the authority to cancel the funds without congressional approval.

The Trump administration has formally withdrawn its $3.5 billion offer for Turkey to purchase a Patriot missile system in retaliation for Turkey’s receipt of the Russian-made S-400 missile system. The US has also ejected Turkey from the F-35 jet program, preventing Turkey from acquiring some 100 of the stealth jets and removing Turkish companies from the production chain.

It’s been 5.5 months since the last official White House press briefing. Stephanie Grisham, White House communications director and White House press secretary as well as communications director for Melania Trump, has yet to have a press briefing in the nearly 1.5 months in her new job.

Russian state TV says that Trump wants Russian to be part of the G8 because “he owes Russia” after the US recently tested a land based Tomahawk cruise missile. “He feels guilty or ashamed…. They miss us.”

Vladimir Poutine partially blamed the US for the recent accident there in testing new military hardware.

Wow! He finally did something right: He is eliminating all federal student loan debt owed by American veterans who are completely and permanently disabled. Took him over 2.5 years to do something right.

Trump is expected to select Deputy Secretary of State John Sullivan to replace Jon Huntsman [resignation is effective October 3] as US Ambassador to Russia. At least Sullivan has some diplomatic experience. He was passed over as Secretary of State when Rex Tillerson resigned though.

Talk of to boost his way sagging popularity that Trump may dump Vice President Mike Pence and replace him with former UN ambassador, Nikki Haley. She tweeted “Enough of the false rumors.”

Trump also quoted radio host and conspiracy theorist/nut-case Wayne Allyn Root who said “…like he’s [Trump] the King of Israel. They love him like he is the second coming of God….” Seriously?

After recent polling numbers from Fox, Trump wasn’t happy saying “Fox has changed. And my worst polls have always been from Fox. There’s something going on at Fox, I’ll tell you right now. And I’m not happy with it.” He believes that since Fox is the only right wing leaning large news organization, he should have better polling numbers with them – as if Fox manipulates polling data. But he always used them as his propaganda “arm”.

About ebraiter
computer guy

One Response to Is there something wrong with Trump?

  1. rawgod says:

    Of course there is something wrong with Donnie Junk Truck. But there is no cure, as long as no one stops his reign of terror.

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