A few interesting stories to share this AM:
Story one is from The Hill and has this headline:
“Trump is winning the trade war because China has more to lose”.
The story says:
“Don’t look now, but there are numerous signs that President Trump is winning the trade war with China. While the battle over tariffs and protecting intellectual property may eventually damage the United States’ economy, there are signs that China is already paying a price for its refusal to bend to Trump’s demands.
One indicator of that price is the sharp plunge in China’s stock exchanges. Since the White House announced the first tariffs — on washing machines and solar cells on Jan. 22 — the Shanghai Index of Chinese stocks is down nearly 20 percent, while the S&P 500 is off less than 1 percent”.
The trade war is dangerous and has a lot more to play out, but don’t believe all the doom and gloom that we are losing it. Just remember the trade deficit we have and think who would get hurt the most.
Story Two is from an interview George Soros gave to the New York Times.
He said: Former President Barack Obama was “actually my greatest disappointment”. An early supporter of Mr. Obama’s 2008 election campaign, he told The Times that he felt let down on a professional level by the lack of attention he received from the former president during his eight years in office.
Mr. Obama “closed the door on me” after he was elected, he said in the interview. “He made one phone call thanking me for my support, which was meant to last for five minutes, and I engaged him, and he had to spend another three minutes with me, so I dragged it out to eight minutes.”
“He was someone who was known from the time when he was competing for the editorship of The Harvard Law Review to take his supporters for granted and to woo his opponents”.
Wow, that a surprise to us. Soros has long been presented as the liberal funding lion. Who knew he was upset?
He closed the interview with this
He would be open to potentially funding moderate Republicans such as Sens. Lisa Murkowski of Alaska and Susan Collins of Maine, but cautioned his support would likely hurt either’s prospects.
“I don’t particularly want to be a Democrat,” he told The Times.
Story three. Remember when we were told over and over that Jim Comey was a Republican? (Like we do Rosenstein and Mueller). Then we hear how active his wife and family were for Hillary. Then we saw his wife and daughters out protesting the day of inauguration at the rally in DC. Now Comey says this:
Former FBI director James Comey is urging American voters to support Democrats in the upcoming midterm elections.“This Republican Congress has proven incapable of fulfilling the Founders’ design that ‘Ambition must … counteract ambition,’” Comey said in a tweet late Tuesday.“All who believe in this country’s values must vote for Democrats this fall. Policy differences don’t matter right now. History has its eyes on us.”
Wait, we should vote Democratic values Jim? And what are those? Are they no borders? Guaranteed income without work? Blame America first for any conflicts and ill in the world? Do away with ICE? Create sanctuary cities and states? Blame the police and military first? Abortions up to birth? More taxes for the working person?
Exactly what values are you supporting?
Along those lines we were told the future of the Democratic party was along the lines of Ocasio- Cortez, the young woman who won that congressional race in NY. Tom Perez, the head of the party, told us that. Well let’s see; she:
Called on protesters to “occupy” airports, border crossings, and Immigration and Customs Enforcement offices nationwide.
“We have to occupy all of it,” she said this week. “We need to occupy every airport. We need to occupy every border. We need to occupy every ICE office”.
She then said the reason unemployment was so low was because people had two jobs. They were working 60, 70 and 80 hours a week.
She criticized Isreal’s “occupation” in the middle east before being called on it and saying she really didn’t know enough about the issue to comment.
Are those the values Jim Comey and his family want us to support?
Story Four. The House voted yesterday on ICE. Did you know that?
The House did not vote on a Democratic proposal that would have elminated ICE. Instead Paul Ryan and team brought a bill to support ICE. They debated and had a vote. Here’s the results:
The Vote was 244 to 35 to support ICE.
226 Republicans voted for ICE. 18 Democrats voted yes.
1 Republican voted no. 34 Democrats did.
133 Democrats voted present — preferring not to take a side.
There you have it. Don’t you think the MSM should have covered this?
Story 5: Fallout for the President is showing up in the polls from his Helsinki meeting.
The daily Rasmussen poll which has had him at the highs of 48% approval now show him down to 44%. His disapproval which was at 52% is up to 54%.
The Economist has him at 44% approval and 52% disapproval.
Reuters/Ipsos has it 42% approval and 54% disapproval.
He has never been able to reach the 50% approval number, or fall below the 50% disapproval. We think there is more downside that show up this week before it levels off.
Those same polls show Democratic advantages of 8%,5% and 9% in generic congressional preferences for the November election.
Story 6. A big decision was made by the President. We are building a new Air Force One as this one is 30 years old. After approval the thought hit him on the colors of the plane. The current blue and white design was set by President and Mrs. Kennedy. Mr Trump wants the new design to be red, white and blue. There are some who are not happy about this. You can guess who they are.