He may have half the country with him but it’s the wrong half

Quite a day for news. First the economy.

FED RAISES RATES; DEFIES TRUMP

MARKETS PLUNGE

The aim is to sabotage the American economy. No one in the deep state, whether they are in the “public service” or George Soros, will be affected. I think higher rates are a positive over the longer term, but everything is now aimed at the next election in 2020. Instability is the aim, so we shall see.

Then there’s this.


WALL STALL…
TRUMP IN RETREAT…
Judge blocks asylum crackdown…
Chinese nationals smuggled across U.S. border in ultralight plane…
GALLUP: Government, immigration top problems…

The Republicans in Congress could have built the wall and at more or less negligible cost. Will not do it. Border protection is the last thing on their minds.

And if you want more transformative news on the day, not even mentioned at Drudge. From The BBC.

Syria conflict: US officials withdraw troops after IS ‘defeat’

US troops in Syria on 4 November 2018
Image captionAround 2,000 US troops are believed to be stationed in Syria

The Trump administration says US troops are being withdrawn from Syria, after the president said the Islamic State (IS) group had been “defeated”.

I can only hope this is an accurate reflection of circumstances on the ground. The limited coverage in the American media might even mean this is a positive story that could even reflect well on the President.

NOT TO MENTION: Women Who Love Trump: His approval among female Republicans is 93%—higher than among GOP men. Some people can at least see that politics is not about absolutes but about the alternatives. And every alternative to PDT ought to terrify you about the future.

 

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15 Responses to He may have half the country with him but it’s the wrong half

  1. max

    FED or any central bank should not exist and have that kind of power.

    Yes maybe target is Trump and next election

    “It’s the economy, stupid”

  2. Oh come on

    Sorry Steve but it’s hard at this stage not to conclude that Trump is welching on the wall. You can’t blame GOP congresscritters on this shit. $26 billion is a rounding error in DC – it is unthinkable that this money couldn’t be found elsewhere.

    Of course I think the lame duck GOP HoR should push through a bill that funds the wall for the Senate to take up in 2019, but it isn’t necessary. Trump was right to play hardball with Chuck and Nancy in front of the cameras – it’s a winning issue for him every time. But he caved. I can completely understand why people like Ann Coulter are hopping mad with Trump. Where’s the damn wall?? It was his signature campaign promise. It was his only written policy for months and months after he announced his candidacy.

    Why can’t the Army Corps of Engineers build the damn thing? Why hasn’t this stuff been seriously explored sooner? He has had a very long time to start delivering on his core promise – and it’s one that is relatively easy to deliver upon.

  3. PB

    Expect a kvetching that could be heard from the moon if Trump sticks to this and disrupts the forward progression of the Yinon Plan.

    Expect also yet another spectacularly ill-timed chemical attack, to be blamed on Bashir Al Assad in the next week.

  4. Grumbles

    Despite Trump’s protests, increased interest rates will boost investments, especially given the horrible state of rates else where in the world. Here in Oz these artificially low rates are going to end up tanking our dollar

  5. Oh come on

    Build the damn wall! This should be Trump’s sole focus through to 2020 (although as soon as he can get it done would be great, too). This is what he hammers congressional Dems with over and over and over. He wins on this every time. Building the wall is the very keystone of the MAGA agenda. Trump must be tough and uncompromising over this. What we’re seeing isn’t 3D chess. It’s prevarication and timidity.

  6. candy

    Shutting down government is to be avoided and money found elsewhere for the wall seems a more practical solution.

    You can imagine the headlines if there is any level of shutdown at all. The democrats severely want a shutdown.

  7. RobK

    You can imagine the headlines if there is any level of shutdown at all. The democrats severely want a shutdown.
    Iirc, shutdowns have precedent in US politics. Not as dire as you’d expect.
    https://en.m.wikipedia.org/wiki/Government_shutdowns_in_the_United_States

    In United States politics, a government shutdown occurs when Congress fails to pass or the President fails to sign appropriationslegislation funding federal government operations and agencies. In this case, the current interpretation of the Antideficiency Actrequires that the federal government begin a “shutdown” of the affected activities involving the furlough of non-essential personnel and curtailment of agency activities and services. Since 1976, when the current budget and appropriations process was enacted, there have been twenty gaps in budget funding, eight of which led to federal employees being furloughed. Prior to 1990, funding gaps did not always lead to government shutdowns, but since 1990 the practice has been to shut down the government for all funding gaps. Shutdowns have also occurred at the state, territorial and local levels of government.

    During the Ronald Reagan administration, there were three funding gaps leading to shutdowns lasting one day or less. A funding gap in 1990during the George H. W. Bush administrationcaused a weekend shutdown. During the Bill Clinton administration, there were two full government shutdowns during 1995 and 1996lasting five and twenty-one days respectively, based on disagreement on whether to cut government services, leading to furloughs and significant disruption. During the Barack Obama administration, a government shutdown occurred during October 1–16, 2013. 

  8. RobK

    Some might argue that a shutdown helps focus the mind of the government machine.

  9. GoWest

    Trump brings the troops back in time for Christmas!… or does he need a force back home – to keep the borders safe…

  10. Iampeter

    The Republicans in Congress could have built the wall and at more or less negligible cost. Will not do it. Border protection is the last thing on their minds.

    Oh I see. So when the master negotiator, game theory expert and all round, stable genius, that is Trump, repeatedly fails to deliver on his biggest election promise, it’s “The Republicans” who have failed.
    That’s leadership everyone! The buck stops over there somewhere…

    I can only hope this is an accurate reflection of circumstances on the ground. The limited coverage in the American media might even mean this is a positive story that could even reflect well on the President.

    Probably because nobody wants to look like idiots again after the last “Mission Accomplished” fiasco.
    I mean, how do you think things are looking on the ground based on the basic facts of the situation? There’s no declaration of war.
    There’s no definition of the enemy.
    There’s no defined victory conditions.
    Just American soldiers, fighting and dying, in random pointless engagements, to achieve something or other, but nobody can say what.
    Obviously the West just looks like weak idiots given two decades of yet more failed foreign policy against enemies that should’ve been wiped out in a week.

  11. Tel

    The Fed should continue slowly and cautiously raising target rates.

    They should NOT raise the interest they are paying on excess reserves, and in fact gradually reduce this number, in order to encourage the banks to lend again. That’s the only way to “normalize” the situation.

  12. Michael

    “Deep State”, “George Soros”,

    What next? “Q”, “Elders of Zion”

  13. Both Oh Come on and IAmPeter fail to realise that Trump can’t just “find” $16b to build the wall. The money must be appropriated by congress.
    Even the military budget has specific allocations. Trump can’t just take money from the Navy and use it to build the wall.
    So yes, it is the fault of congress that the wall isn’t built. They know Trump has a very strong mandate to build a wall but they don’t want him to have such a big political win.

  14. Kneel

    “Trump can’t just take money from the Navy and use it to build the wall.”

    True.
    Although the Pentagon could find the money somewhere if they need it – they recently failed their first audit (as required by law since, IIRC, 1991 or so). Not much though – just 21 trillion unaccounted for (yes, trillion, with a T). So $16b really is chump change to these guys…

  15. Iampeter

    Both Oh Come on and IAmPeter fail to realise that Trump can’t just “find” $16b to build the wall. The money must be appropriated by congress.

    No one’s failing to realize this. What YOU are failing to realize is that handling all those problems was the reason people like you elected Trump in the first place. Now that he’s finding it hard, he’s making excuses and you’re swallowing them.
    The problem for Trump supporters is you guys have never figured out that he is just a trust fund kid, played a character on a reality TV show. He doesn’t actually have the faintest clue or any abilities.

    “Deep State”, “George Soros”,

    What next? “Q”, “Elders of Zion”

    Tell me about it.

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