[Majorityrights News] KP interview with James Gilmore, former diplomat and insider from first Trump administration Posted by Guessedworker on Sunday, 05 January 2025 00:35.
[Majorityrights News] Trump will ‘arm Ukraine to the teeth’ if Putin won’t negotiate ceasefire Posted by Guessedworker on Tuesday, 12 November 2024 16:20.
[Majorityrights News] Alex Navalny, born 4th June, 1976; died at Yamalo-Nenets penitentiary 16th February, 2024 Posted by Guessedworker on Friday, 16 February 2024 23:43.
Posted by DanielS on Sunday, 04 November 2018 08:44.
“When higher rates trigger another recession, Trump can point an accusing finger at the central bank, absolving his own policies of liability and underscoring the need for a major overhaul of the Fed.”
Truthdig.com, “Trump’s War on the Fed”, 2 Nov 2018:
October was a brutal month for the stock market. After the Federal Reserve’s eighth interest rate hike, on Sept. 26, the Dow Jones Industrial Average dropped more than 2,000 points, and the NASDAQ had its worst month in nearly 10 years. After the Dow lost more than 800 points on Oct. 10 and the S&P 500 suffered its first weeklong losing streak since Trump’s election, the president said, “I think the Fed is making a mistake. They are so tight. I think the Fed has gone crazy.” In a later interview on Fox News, he called the Fed’s rate hikes “loco.” And in a Wall Street Journal interview published on Oct. 24, Trump said he thought the biggest risk to the economy was the Federal Reserve, because “interest rates are being raised too quickly.” He also criticized the Fed and its chairman in July and August.
Trump’s criticisms are worrisome to some commentators, who fear he is attempting to manipulate the Fed and its chairman for political gain. Ever since the 1970s, the Fed has declared its independence from government, and presidents are supposed to avoid influencing its decisions. But other Fed watchers think politicians should be allowed to criticize the market manipulations of an apparently out-of-control central bank.
Why the Frontal Attack?
Even if the president’s challenges are a needed check on the Fed, some question whether he is going about it in the right way. Challenging the central bank in public forces it to stick to its guns, because it must maintain its credibility with the markets by showing that its decisions are based on sound economic principles rather than on political influence. If the president really wants the Fed to back off on interest rates, it has been argued, he should do it with a nod and a nudge, not a frontal attack on the Fed’s sanity.
True, but perhaps the president’s goal is not to subtly affect Fed behavior so much as to make it patently obvious who is to blame when the next Great Recession hits. And recession is fairly certain to hit, because higher interest rates almost always trigger recessions. The Fed’s current policy of “quantitative tightening”—tightening or contracting the money supply—is the very definition of recession, a term Wikipedia defines as “a business cycle contraction which results in a general slowdown in economic activity.”
This “business cycle” is not something inevitable, like the weather. It is triggered by the central bank. When the Fed drops interest rates, banks flood the market with “easy money,” allowing speculators to snatch up homes and other assets. When the central bank then raises interest rates, it contracts the amount of money available to spend and to pay down debt. Borrowers go into default and foreclosed homes go on the market at fire-sale prices, again to be snatched up by the monied class. But it is a game of Monopoly that cannot go on forever. According to Elga Bartsch, chief European economist at Morgan Stanley, one more financial cataclysm could be all that it takes for central bank independence to end. “Having been overburdened for a long time, many central banks might just be one more economic downturn or financial crisis away from a full-on political backlash,” she wrote in a note to clients in 2017. “Such a political backlash could call into question one of the long-standing tenets of modern monetary policy making—central bank independence.”
And that may be the president’s endgame. When higher rates trigger another recession, Trump can point an accusing finger at the central bank, absolving his own policies of liability and underscoring the need for a major overhaul of the Fed.
Posted by DanielS on Thursday, 01 November 2018 09:47.
Ending Birth-Right Citizenship is inherently important, but at this point, is it a sedative injection for America’s already baked-in Mulatto supremacist trajectory?
Is it just tossing a bone to right wing sell outs - a bone picked clean of loyal White interests? - for the Zionist quid pro quo?
“Trump Wants to Curb Birthright Citizenship, Escalating Immigration Debate”
Legal scholars dismiss the idea, saying a president lacks standing to do it on his own
WASHINGTON—President Trump said he wants to sign an executive order that ends the automatic right to citizenship for anyone born in the U.S., ratcheting up his election-season remarks on immigration with a proposal many legal scholars said is unconstitutional.
In an interview published Tuesday morning, just ahead of next week’s midterms, Mr. Trump said he planned an executive order to end what is known as birthright citizenship, bypassing Congress and waving off the belief of many legal scholars that such a move would require a change to the Constitution.
“It was always told to me that you needed a constitutional amendment. Guess what? You don’t,” he told Axios. “It’s in the process. It’ll happen, with an executive order.”
Born in the U.S.Since 2007, the number of births to unauthorized immigrants has declined. Source: Pew Research Center
Constitutional scholars dismissed the idea, saying a president has no legal standing to end birthright citizenship with an executive order. “It’s basically saying the president is above the Constitution,” said Laura K. Donohue, a senior scholar at the Georgetown Center for the Constitution.
The White House didn’t further explain Mr. Trump’s assertion that he alone could make the move, and it didn’t provide further details about the scope of the proposed executive order or the timing.
“We will let you know when we have an announcement,” White House press secretary Sarah Sanders said.
Birthright citizenship is a pillar of U.S. immigration law and is protected by the Constitution’s 14th Amendment, which, among other goals, was designed to grant full citizenship to former slaves. But some conservatives who favor more restrictive immigration laws have opposed the policy, saying it improperly rewards the children of people in the country who lack proper documentation.
Mr. Trump’s proposal is the latest in a string of pronouncements as he seeks to invigorate GOP voters ahead of the midterms. He recently suggested a middle-income tax cut that appeared to surprise both his staff and lawmakers. Last week, he said he would seek to cut prices that Medicare pays for some prescription drugs, but that wouldn’t go into effect until late 2019 or 2020.
Posted by DanielS on Thursday, 01 November 2018 06:55.
American Thinker, “Trump Is the Best President Ever for American Jews”, 1 Nov 2018:
By Karin McQuillan
President Trump’s statement on anti-Semitism the day after the Tree of Life massacre truly was “electrifying.”
The Jews have endured terrible persecution, and you know that we’ve all read it: We’ve studied it. They’ve gone through a lot and those seeking their destruction…we will seek their destruction…Never again.
It touched my heart deeply. Jews have never, but never, been given this kind of whole-hearted support by an American leader before. Trump told the rally-goers in Illinois, slowly, and with great emphasis:
This evil anti-Semitic attack is an assault on all of us. It’s an assault on humanity. It will require all of us, working together, to extract the hateful poison of anti-Semitism from our world. This was an anti-Semitic attack at its worst. The scourge of anti-Semitism cannot be ignored, cannot be tolerated, and it cannot be allowed to continue. We cannot allow it to continue. It must be confronted and condemned everywhere it rears its very ugly head. We must stand with our Jewish brothers and sisters to defeat anti-Semitism, and vanquish the forces of hate – that’s what it is.
Jews have never, but never, been given this kind of whole-hearted backing by an American leader before. Jews are used to facing murderous hate alone. We are not used to words that reflect the moral truth. We’re used to mealy mouthed pieties condemning hate on all sides.
A dear friend who is active fighting anti-Semitism wrote me, “It is the strongest statement in support of Jews ever made by an American president.”
[...]
And now antisemitic murders of Jews have happened in America, on his watch. Trump is putting the evil doers on notice: anti-Semitism will not be tolerated. Anti-Semitism? It’s got to end.
The forces of anti-Semitism are concentrated in four groups of our fellow Americans: white supremacists like the man who murdered the congregants of Tree of Life; the Nation of Islam and our black community, Hispanic immigrants and to a lesser extent, native-born Hispanics, and progressives. Three of these four groups are large, significant voting blocs. All three are crucial to Democrat electoral victory.
For admitting that you really do want to replace us.
All white advocates should salute The New York Times. Week after week, one author after another openly declares his intention to replace us with non-white immigrants. It’s nice to know where we stand, and to know we were right all along.
Posted by DanielS on Saturday, 27 October 2018 19:17.
US President Donald Trump has predicted that America is going to have many black presidents in the future—a claim which is certain to come true as that country’s under 18 population becomes majority nonwhite in just two years’ time.
New Observer, “Trump Predicts Many Black Presidents for USA” 27 Oct 2018:
Speaking during the “2018 Young Black Leadership Summit” held at the White House on October 26 (note there is no “Young White Leadership Summit,” because that would be racist), Trump told several hundred black Republican supporters that it was “great, great honor” to host them in the White House.
“So you are really very special people. I wanted to say that before our little talk, and I appreciate the time you’ve given me, and boy, one—one day, one of you is going to be standing—it could be three or four of you, actually. But you’re going to be standing right here. You’re going to be standing right here.
“I have no doubt. I have no doubt. Who—who in this room, who in this room wants to be president some day? So it’s an ambitious group. It’s an ambitious group. That’s great.”
“Seeing all of you here today fills me with an extraordinary confidence in America’s future, and the great, great future of our country. Each of you is taking part in the Young Black Leadership Summit because you are true leaders on your campuses, in your churches and in your communities.
“You are leaders. Leaders of the future. You’re leaders of the present, also. Remember that. You’re leaders of youth. But it’s—it’s really something, to be your age and where are you standing? In the White House. Not bad. Not bad. Not bad. And each of you is playing a historic role in making America great again for all Americans.”
During that year, the US Census Bureau said, “whites” will comprise 49.7 percent of the population in contrast to 24.6 percent for Hispanics, 13.1 percent for blacks, 7.9 percent for Asians, and 3.8 percent for multiracial population.
Because nonwhites as a group are younger than whites, the minority white tipping point comes earlier for younger age groups. The census projections indicate that, for youth under 18–the post-millennial population–nonwhites will outnumber whites in 2020—just two years away.
For those age 18-29–members of the younger labor force and voting age populations–the tipping point will occur in 2027.
By 2060, the census projects whites will comprise only 36 percent of the under age 18 population, with Hispanics accounting for 32 percent.
This prediction uses the infamously inaccurate federal definition of “white,” so the actual number of whites is sure to be even less than the official statistics.
These figures show clearly that unless white Americans start congegrating in an area and actively prepare for a balkanization of that country, they face obliteration at the hands of the growing Third World population.
Posted by DanielS on Tuesday, 23 October 2018 06:01.
Interesting that if one so much as intimates the slightest defense of Poland (e.g., against chauvinism and imperialism) that you will project your mindless German chauvinism (a troll commentor had said that I am a “mindless Polish chauvinist” and that is why MR is unpopular); with a reactionary part of a large demographic under more direct pressure of PC lies, thus going with the pretense that it cares for sheer truth by reaction - it is backed by Jewry as the third default position:
1) Sheer liberalism is their preferred position for Whites (direct betrayal of Whites and White atomization).
2) Christianity as it places Whites mindlessly under the yoke of Abrahamic law (the golden rule is mindless; the gentiles are not ethnicity organized as such).
3) Failing that, they will encourage Nazism - the clear chauvinism - as they know it will repulse most normal people and lead to antagonism among Whites where not otherwise sending us headlong into disaster. ..perhaps take care of some ‘traitorous’ Jews all too intermarried with Germans, Poles, other ‘goyim.’
4) Failing that they will encourage sundry and motley no-account, right wing reactions that help to atomize would-be White organization and coordination:
a) No account scientism and objectivism for the higher I.Q.
b) Conspiracy theories; and ideologies beyond reality and verification for the less intelligent;
or to cover that part of their intelligence that isn’t (lacks judgment).
I am not lonely, but your bubble that appears as camaraderie is based on illusion and lies; along with (((marketing))) of tropes and memes in YKW interest.
Enabling some stupid dude like yourself to absurdly accuse me of “mindless Polish chauvinism”, if I defend ethnonationalism.
Nor am I a chauvinist of any kind. I’m ethnonationalist, defending ethnonationalism of all kinds, but the European kind and its coordination to begin with.
Nazism is the clear imperialist supremacism, programmatic of disaster. And scientism - viz., scientistic reaction - is the mindlessness that lets it be guided headlong to disaster. Get with the reality of praxis instead, get with the ethnonational program.
J.F. Gariepy: “One of the major historians of World War II” Thomas Goodrich: “From what I’ve read..
..from what I’ve read it was a virtual massacre of German residents living in areas under Polish control.”
J.F. Gariepy: “Alright, so that would be quite shocking.” Thomas Goodrich: “Or maybe”...
The real question is why recycled Nazi propaganda has any sort of currency today and why it should have any credibility beyond your typical Internet lunatic fringe.
For the answer, return to the top of the page and read again (further orienting clue, it’s part and parcel of the YKW’s interest in having Whites identify with right wing reaction).
Senate Majority Leader Mitch McConnell blamed rising federal deficits and debt on a bipartisan unwillingness to contain spending on Medicare, Medicaid and Social Security, and said he sees little chance of a major deficit reduction deal while Republicans control Congress and the White House.
“It’s disappointing, but it’s not a Republican problem,” McConnell said Tuesday in an interview with Bloomberg News when asked about the rising deficits and debt. “It’s a bipartisan problem: unwillingness to address the real drivers of the debt by doing anything to adjust those programs to the demographics of America in the future.”
McConnell’s remarks came a day after the Treasury Department said the U.S. budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president, the result of the GOP’s tax cuts, bipartisan spending increases and rising interest payments on the national debt. That’s a 77 percent increase from the $439 billion deficit in fiscal 2015, when McConnell became majority leader.
McConnell said it would be “very difficult to do entitlement reform, and we’re talking about Medicare, Social Security and Medicaid,” with one party in charge of Congress and the White House.
“I think it’s pretty safe to say that entitlement changes, which is the real driver of the debt by any objective standard, may well be difficult if not impossible to achieve when you have unified government,” McConnell said.
Politically Unpopular
Shrinking those popular programs—either by reducing benefits or raising the retirement age—without a bipartisan deal would risk a political backlash in the next election. Trump promised during his campaign that he wouldn’t cut Social Security, Medicare or Medicaid, even though his budget proposals have included trims to all three programs.
“When higher rates trigger another recession, Trump can point an accusing finger at the central bank, absolving his own policies of liability and underscoring the need for a major overhaul of the Fed.”
Born in the U.S.Since 2007, the number of births to unauthorized immigrants has declined. Source: Pew Research Center
