Thursday, October 22, 2020

Is the Trump circus over yet?

...And it turns out that China (click here) is one of only three foreign nations — the others are Britain and Ireland — where Mr. Trump maintains a bank account, according to an analysis of the president’s tax recordswhich were obtained by The New York Times. The foreign accounts do not show up on Mr. Trump’s public financial disclosures, where he must list personal assets, because they are held under corporate names. The identities of the financial institutions are not clear....

Joe Biden is correct in stating Americans pay for Chinese tariffs.

May 21, 2019 update

...But that is not how tariffs work. (click here) China’s government and companies in China do not pay tariffs directly. Tariffs are a tax on imports. They are paid by U.S.-registered firms to U.S. customs for the goods they import into the United States.

Importers often pass the costs of tariffs on to customers - manufacturers and consumers in the United States - by raising their prices.

U.S. business executives and economists say U.S. consumers foot much of the bill through rising prices....

Trump's relationship with North Korea is failed and damages USA national security.

October 13, 2020
By Alex Ward

North Korea’s display (click here) of new, dangerous weapons on Saturday made one thing perfectly clear: Over the last four years, President Donald Trump has failed to curb the nuclear threat from Pyongyang.

Trump made a big bet that meeting North Korean leader Kim Jong Un three times and sending him flattering letters might convince Pyongyang to dismantle its nuclear and missile arsenals once and for all. But during the country’s 75th annual military parade celebrating the founding of its ruling party, Kim made sure to signal to the entire world that Trump has made no progress on that front. In fact, matters have only gotten worse.

Among other revelations, North Korea showed off a large intercontinental ballistic missile (ICBM) that could potentially overwhelm US defenses; more trucks from which to shoot ICBMs than previously known; and more advanced shorter-range rockets to more precisely threaten South Korea....

Trump tent cities. The sign says "Unexploded Ammunition Do Not Enter."

29 April 2019
by Edwin Delgado

The US government (click here) has begun erecting tents close to the border with Mexico to house detained migrants – even as Donald Trump likened the influx of undocumented families entering the US to “Disneyland” on Sunday.

Life at the foothills of the Franklin mountains in El Paso, Texas has been rudely disrupted in the last few days by construction crews coming and going near the adjacent border patrol station.

The main frames of two large tents popped up last week. They are expected to hold up to 500 migrants amid a level of chaos at the border that has unfolded under the Trump administration’s immigration policies.

Construction crews are now working to prepare the interior of the shelter, which is expected to be operational by 1 May, even as the president downplayed conditions in which migrants are held and appeared once again to support the separation of families crossing the border....

September 17, 2017

...Last November (2016) his family (click here) was one of the 6,000 poorest families here to be selected for a U.S. government-backed humanitarian relief program. The family began receiving a monthly cash transfer of around $60, which it was encouraged to spend on fresh fruit, cereal, dairy products and other grocery staples to supplement a diet that rarely varied beyond black beans and homemade corn tortillas....

...But this summer, as Marroquín watched his corn wither once again, he noticed that the cash was also starting to dry up. The $60 became $40, which became $18. Then he learned that in the last week of August, the program would come to an end, at least a year earlier than its organizers had hoped.

The reason: a decision in April by President Trump to freeze $450 million in U.S. foreign aid to Guatemala, Honduras and El Salvador — what's known as the Northern Triangle — over what he described as their failure to stem the outflow of northbound migrants....

Since Lincoln, there have been three constitutional amendments to provide rights to African American people in the USA. 

The Voting Rights Act was instrumental in providing brevity to the black vote in the USA.

The USA has increased CO2 emissions under Trump. A good beginning is to move the emissions back to where it was and return the downward trend.


July 8, 2019
By George Brumfiel

Carbon dioxide emissions (click here) in the U.S. are on the rise again after several years of decline, and a booming economy is the cause.

That's according to a report out today from the Rhodium Group, an independent research firm that tracks CO2 emissions in the U.S.

"It appears based on preliminary data that emissions in the U.S. grew by the highest rate since 2010 when we were recovering from the great recession," says Trevor Houser, a partner at Rhodium and an author on the new estimate.

Emissions rose roughly 3.4 percent in 2018, he says....

October 22, 2020
By Matthew Fox

US stocks reversed an early decline (click here) and finished higher on Thursday as negotiations on another round of fiscal stimulus showed progress.

House Speaker Nancy Pelosi told reporters that talks with Treasury Secretary Steve Mnuchin were "just about there," adding, "The president wants a bill — that's part of the opportunity that we have."

But obstacles remain for another round of stimulus before the November election, as Senate Republicans have shown little appetite to pass anything but a skinny stimulus deal focused on extending aid to small businesses....