U.S. Politics

[tamada]

This has zero characteristics of dead cat bounce. Perhaps it is what you would like, but Nada, zero, nil characteristics that would support a DCB.

Why speculate on what another member "would like", just because their opinion differs from yours?

[anefarious1]

Trump is a weird dude. Picked a VP who wants to surveil pregnant women and control their travel across state lines. Trump is also way too old, despite being so childish!

[Doodoo]

"In Resurfaced Audio, JD Vance Calls for Banning Travel Between States to Get Abortions"

[Whistler]

Tam, definition of a DCB

A dead cat bounce is a temporary, short-lived recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend. Frequently, downtrends are interrupted by brief periods of recovery—or small rallies—during which prices temporarily rise.

To put it in context here, the cat is not dead at all. There are no indications that the DEM revival is about to die off again. In fact, that revival is remarkable and gaining strength. A better analogy is the pussy cat looks like growing into a tiger.

[Laan Yaa Mo]

Trump and Harris share similar economic policies, or do they? I'm no economist, but found this article interesting.

U.S. politics has never been more partisan and polarized. It’s why Vice-President Kamala Harris and former president Donald Trump are going to spend the next three months attacking the other as the champion of extremist ideas that are the polar opposite of their own. Their most loyal voters will love it.

But on a series of core economic issues – trade, industrial policy, oil and gas, the border – President Joe Biden’s administration and the previous (and possibly future) Trump administration share more common ground than either campaign will admit. There are differences, but they are often on details rather than fundamentals. What’s more, many differences are less about substance and more about how things are talked about – or not talked about.

Let’s start with an area of agreement that dare not speak its name: oil and gas.

In the 2020 election, Mr. Trump accused Mr. Biden of planning to “destroy” America’s oil industry. It’s a claim Republicans have repeated throughout the Biden-Harris administration, in past, present and future tenses. The GOP platform, in contrast, promises to “unleash American Energy,” to make the U.S. “Energy Independent, and even Dominant again,” and to “DRILL, BABY, DRILL.”

The implication is that, with a Democrat in the White House, the industry is choking on a short leash, output is falling, and America is energy-dependent on Middle Eastern dictators.

Nothing could be further from the truth. U.S. oil production has risen sharply since 2010, a trend that continued through the Trump and Biden administrations, interrupted only by the pandemic. U.S. oil output hit an all-time high in 2023. The U.S. produced more oil last year than any other country, and more oil than any country in a single year, ever.

The U.S. is also the world’s largest producer of natural gas, with output rising during the Biden administration. A country that eight years ago exported no liquid natural gas is now the world’s largest exporter of LNG. Under Mr. Biden, job growth in the fossil-fuel sector has outpaced job growth in green energy, according to a recent analysis from Reuters.

Republicans loudly promise “drill, baby, drill,” but Mr. Biden has quietly – very quietly – practised something similar. It was economically and electorally necessary, though it doesn’t sit well with an important part of the Democratic base. To mollify and distract those voters, the Obama administration killed the Keystone XL pipeline from Canada, and then, after Mr. Trump resurrected it, Mr. Biden killed it again. The public execution of a Canadian oil project provided happy cover for the rest of the U.S. oil industry, allowing it to continue with business as usual.

When it comes to oil and gas, the enthusiasm gap between Republicans and Democrats is wide. Actual policy gap? Considerably narrower.

Something similar is happening on trade and industrial policy.

Mr. Trump broke the bipartisan Washington consensus in favour of free trade. The Biden administration adjusted course, but did not U-turn. It kept many of its predecessor’s tariffs, and crafted new subsidies and protections for strategic U.S. industries, from autos to semiconductors.

Beneath the appearance of irreconcilable Democratic-Republican polarization, a new trade consensus is forming. Both parties back some forms of protectionism and industrial policy, with China the main (but not the only) target.

As with oil and gas, the parties have differences. Democrats often talk about protectionism and subsidies to green the economy; Republicans just talk about jobs. And while the Biden administration slimmed the Trump-era tariffs on allies and amped up the focus on China, Mr. Trump has talked about imposing a 10-per-cent tariff across the board, regardless of country.

Either way, managed trade and “fair trade” are now mainstream ideas in both parties. For Canada, a Harris administration would almost certainly follow in Mr. Biden’s footsteps, offering a more measured, prudent and ally-friendly application. Mr. Trump threatens, and might deliver, a more reckless and ruthless version. But the parties are not poles apart.

On immigration and the border, Mr. Biden’s Democrats and Republicans on Capitol Hill were able to strike a deal earlier this year – only to have Mr. Trump order his congressional minions to kill it. Mr. Biden responded to the death of the legislation by issuing executive orders that included some of the same measures, such as closing the southern border when daily asylum claims exceed a certain level.

As with oil and gas, the makeup of the Democratic coalition means the border is a fraught subject for Democrats. For three years, Mr. Biden acted little and spoke less. But month after month of record numbers of people crossing the Mexican border to claim asylum forced him to act, and to move closer to Mr. Trump’s position.

Republicans and Democrats still have major differences on this issue. Mainstream Democrats want quiet, legal and humane border control; Mr. Trump wants crisis and the spectacle of enforcement. But the two parties have enough common ground that there was a congressional majority for a bill to improve border enforcement, speed up asylum claims, and more rapidly admit genuine refugees while removing others. Mr. Trump killed the deal because it would have passed, and it would have been popular.

https://www.theglobeandmail.com/busines ... can-admit/

[anefarious1]

Donald Trump’s social media venture is losing users every month, hurting his bottom line and possibly showing that his rhetoric is losing appeal even among his own base.

The Guardian spoke to a right-wing media analyst, Howard Polskin, who said that Truth Social had only 2.11 million unique users in June, a decline of 38 percent from one year ago.

“The diminishing audience levels for Truth Social suggest a rejection of the harsh rhetoric expressed by the ex-president and his political allies that is one of the hallmarks of the two-year-old platform,” Ploskin said.

"The company lost an astonishing $327.6 million last quarter, only bringing in $770,500 in revenue."

Another scam business with the Trump name on it

Full article here:

https://newrepublic.com/post/184453/tru ... cial-slump

[jackspratt]

Another scam business with the Trump name on it

Who would have thought - a dodgy criminal ex-president starts up a dodgy new media company, and hires a dodgy group of accountants to audit its books.

Ya' couldn't make it up.

https://newrepublic.com/post/181252/tru ... orse-fraud

The auditing firm for Donald Trump’s social media company Truth Social doesn’t look so clean.

On Friday, the Securities and Exchange Commission charged auditor BF Borgers CPA for “massive fraud” that affected more than 1,500 SEC filings. The firm is accused of “deliberate and systemic failures to comply” with federal standards between January 2021 and June 2023, according to an announcement by the SEC.....

[anefarious1]

Let's take a look back at what people who Trump hired have to say about him:

1. Defense Secretary Jim Mattis said Trump had the understanding of “a fifth- or sixth-grader,” and "Donald Trump is the first president in my lifetime who does not try to unite the American people—does not even pretend to try. Instead, he tries to divide us.”

2. White House chief of staff John Kelly described Trump as “unhinged”. Kelly has recounted how, in a conversation with senior staff members on the morning of a scheduled visit, Trump said, “Why should I go to that cemetery? It’s filled with losers.” In a separate conversation on the same trip, Trump referred to the more than 1,800 marines who lost their lives at Belleau Wood as “suckers” for getting killed.

3. National security adviser H.R. McMaster said the president had "the intelligence of a kindergartner."

4. Economic adviser Gary Cohn said Trump was “dumb as ----.”

5. Secretary of State Rex Tillerson said of Trump, "His understanding of global events, his understanding of global history, his understanding of U.S. history was really limited. It's really hard to have a conversation with someone who doesn't even understand the concept for why we're talking about this." Further, he found it challenging "to go to work for a man who is pretty undisciplined, doesn’t like to read, doesn’t read briefing reports, doesn’t like to get into the details of a lot of things,

6. Treasury Secretary Steven Mnuchin called Trump an “idiot."

7. Chief of Staff Reince Priebus called Trump an “idiot" as well.

8. U.S. ambassador to the United Nations Nikki Haley said Trump "went down a path he shouldn't have, and we shouldn't have followed him, and we shouldn't have listened to him. And we can't let that ever happen again."

9. Secretary of Education Betsy DeVos said, "When I saw what was happening on Jan. 6 and didn't see the president step in and do what he could have done to turn it back or slow it down or really address the situation, it was just obvious to me that I couldn't continue," and as a result she resigned.

10. Omarosa Manigault Newman, the highest-ranking African-American staffer in the West Wing, said that Trump is a “racist, misogynist and bigot.”

11. White House chief strategist Steve Bannon said that Trump was “like an 11-year-old child.”

12. U.S. National Security Adviser John Bolton excoriated former President Donald Trump as an utterly self-interested man who is "unfit" for office and “fundamentally ignorant” about national security.

13. Vice President Mike Pence said he “cannot in good conscience” endorse Donald Trump after MAGA supporters were actively trying to hang the VP on J6.

14. Another U.S. Secretary of Defense, Mark Esper said Trump is a “threat to democracy”.

...And there are many more high level Trump hires that have very interesting things to say about their former boss. I understand MAGA tards will say there were "not loyal" to the cult leader which I do understand and I'm thankful for that.

[Doodoo]

Can Barack Obama serve as vice president?

Due to 2 Ammendments, the answer is, No but that still doesnt rule out Michele

[Whistler]

Anafarious, what would these people know? They didn't know that he was a very stable genius.

[anefarious1]

Anafarious, what would these people know? They didn't know that he was a very stable genius.

"Actually, throughout my life, my two greatest assets have been mental stability and being, like, really smart."

- Donald J Trump on Twitter

[tamada]

Tam, definition of a DCB

A dead cat bounce is a temporary, short-lived recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend. Frequently, downtrends are interrupted by brief periods of recovery—or small rallies—during which prices temporarily rise.

To put it in context here, the cat is not dead at all. There are no indications that the DEM revival is about to die off again. In fact, that revival is remarkable and gaining strength. A better analogy is the pussy cat looks like growing into a tiger.

I know what it means. That's why I called it as such. Still a long way to go but.

[mak]

"Jimmy Carter says he's 'trying to make it' to 100 to vote for Kamala Harris."

[anefarious1]

Just Out: Independent US presidential candidate Robert F Kennedy Jr called Donald Trump “a terrible human being”, the “worse [sic] president ever” and “barely human” in texts to an unnamed person according to the publication named New Yorker.

https://www.theguardian.com/us-news/art ... nedy-trump

[Udon Map]

Just Out: Independent US presidential candidate Robert F Kennedy . . .

. . . thought that it would be a fun prank to leave a dead bear in Central Park.

https://www.nytimes.com/2024/08/04/us/p ... -park.html

[tamada]

Kamala Harris confirmed as the Democratic candidate.

Tim Walz as VP.

Solid pick.

Watch the polls now.

[Doodoo]

After weeks of speculation, Vice President Kamala Harris has chosen her running mate.

Multiple news outlets are reporting that the vice president has picked Minnesota Gov. Tim Walz, and that an announcement is imminent.

[Declan MacPherson]

Governor Tim Walz
- Stolen Valor
- Allowed Minneapolis to burn for 4 days and nights while Kamala raised funds to bail out the rioters
- Promotes gender surgery in kids

The man is a weak, limp-wristed Leftist. Perfect for Kamala.

Solid pick to show the contrast to JD Vance.

[mak]

He already has a nickname: Tampon Tim.
And a campaign slogan: Make America Burn Again.

[Doodoo]

A waste of space Declan
No data just accusations

"Stolen Valor" What the H does that mean? and so on with your posting