The economic agreement President Trump said he reached with Chinese leader Xi Jinping on Saturday showed signs of unraveling Tuesday, with the White House threatening new penalties against Beijing and multiple officials seeking to downplay expectations for an eventual deal.
Investors, who had applauded the deal on Monday, turned sharply negative Tuesday. The Dow Jones industrial average dropped 799 points, or 3.1 percent, to close at 25,027. The Standard and Poor’s 500-stock index fell 3.2 percent, and the tech-heavy Nasdaq gave up 3.8 percent.
Trump, in a series of Twitter posts, threatened to slap a range of import penalties on Chinese products if they did not make major changes in their economic relationship with the United States.
Also, Stock market plunges as Wall Street gives Trump’s China deal another look
Wall Street is sending a clear signal that, upon closer inspection, Trump’s trade war détente with China isn’t looking so hot — especially after a string of tweets from the president this morning indicated he has no problem going back to a trade war if a broader agreement isn’t reached in the next three months.
All together now: “So much winning!”
Item Two: GOP senators come out and say it: The Trump administration is covering up Khashoggi’s killing
Republican senators emerged from a briefing Tuesday about journalist Jamal Khashoggi’s killing and essentially accused the Trump administration of misleading the country about it — and even covering it up for Saudi Arabia.
In remarks after a briefing from CIA Director Gina Haspel, Senate Foreign Relations Committee Chairman Bob Corker (R-Tenn.) and Sen. Lindsey O. Graham (R-S.C.) suggested there is no plausible way that Saudi Crown Prince Mohammed bin Salman didn’t order the killing of Khashoggi, a Washington Post contributing columnist, and said that the evidence is overwhelming. …
…”If they were in a Democratic administration,” Graham said of Pompeo and Mattis, “I would be all over them for being in the pocket of Saudi Arabia.”
But of course, since they are in a Republican administration they won’t be punished for giving misleading statements to the Senate last week. I’m betting money that when Trump’s financials are finally made public, we’ll learn he either owes money to the Saudis or has done considerable business with them in the not-too-distant past.
All together now: “So much winning!”
Item Three: Trump’s latest tweets cross clear lines, experts say: Obstruction of justice and witness tampering
Norman Eisen, a senior fellow at the Brookings Institution, said that the most striking thing about Monday was that there were two statements in proximity.
“It comes very close to the statutory definition of witness tampering,” he said. “It’s a mirror image of the first tweet, only he’s praising a witness for not cooperating with the implication of reward,” he said, adding that Trump has pardon power over Stone.
“We’re so used to President Trump transgressing norms in his public declarations,” Eisen said, “but he may have crossed the legal line.”
Here are the tweets in question:
“Michael Cohen asks judge for no Prison Time.†You mean he can do all of the TERRIBLE, unrelated to Trump, things having to do with fraud, big loans, Taxis, etc., and not serve a long prison term? He makes up stories to get a GREAT & ALREADY reduced deal for himself, and get…..
— Donald J. Trump (@realDonaldTrump) December 3, 2018
….his wife and father-in-law (who has the money?) off Scott Free. He lied for this outcome and should, in my opinion, serve a full and complete sentence.
— Donald J. Trump (@realDonaldTrump) December 3, 2018
“I will never testify against Trump.†This statement was recently made by Roger Stone, essentially stating that he will not be forced by a rogue and out of control prosecutor to make up lies and stories about “President Trump.†Nice to know that some people still have “guts!â€
— Donald J. Trump (@realDonaldTrump) December 3, 2018
All together now: “So much winning!”
To hell with impeachment; slap him in cuffs and let the courts decide. The joyous crowds might well influence the court’s ruling.
Bob Mueller is making an indictment list and checking it twice…We're gonna find out who's been naughty or nice.
Miss Lindsey nicely summarizes the major problem in "Modern" Conservatism and its political subsidiary, the Republican Party:
Like the Mafia, they take actions based on family – the Republican family. No matter what, family loyalties are all that matter. If you're in, you're in! And if you're in, you win. As long as you're loyal, you'll be taken care of – and so will your family if something should happen to you.
But if you're from another family, you are the enemy. No mercy will be shown you!
And so, tRUMP, the most criminal president* in our history, and his (mis)administration – easily the most corrupt in US history – can skate on not sanctioning Saudi Arabia, its leader, MbS, and his ordering the brutal murder of Khashoggi.
But if a Democratic president and his/her administration did the identical thing – NOTHING – NO SKATING FOR YOU!!!
Instead of skating, Miss Lindsey'd make sure "dey'd be sleepin' wid the fishes!"
We know why the caged loonybird tweets.
He's scared and alone – the state of most republicans
It is the family, gulag, you say. If so we should expect Godfather type actions under the cover of the big funeral today. The mob will all be in attendance except for the few who will carry out the reprisals. I suppose it is plausible, which is about all one needs this day in age. The Capo needs only his brilliant gut.
The Capo's gut tells him the Saudi's are above reproach. No smoking gun there, his able Pompeo utters. Miz Lindsey chimes about a smoking bone saw, but he has always suffered from a bit of hysteria. Such nonsense, the great Capo's gut has always been right. Emotional Intelligence they call it. Those with lots of money have it, and the poor don't. That is why they get special rules and are our natural rulers. They rule by evangelical divine right and more. They have evolved guts of incredible wisdom and are capable of a special kind of understanding. The rules for the poor do not apply to them. It is that damn $$$$$imple. Pardon my stutter.
You misspelled “whining” several times… 😎