Wednesday, October 7, 2020

Trump Crashes Markets, Bluffs Pelosi, Outs Hillary, Brennan, Obama (again)

People say a lot of things about President Trump, much of it not so nice, but there's no disputing that through his words and actions he can be wildly amusing or shocking at times.

Tuesday's stock market drama is a case in point. By tweeting that he was instructing his negotiating team (supposedly Chief of Staff Mark Meadows and Treasury Secretary Steven Mnuchin) to cease dealing with House Speaker Nancy Pelosi on a stimulus package, the president sent the market into a violent downward spiral, turning small gains into sizable losses in a matter of minutes.

By the close, stocks suffered nothing more than flesh wounds, approximating an ordinary ho-hum losing session on Wall Street. But, this way is more fun, isn't it? Nancy Pelosi went ballistic, calling the president everything short of a dog-kicker.

About five hours later, after the day-traders had taken their treatments for carpal tunnel from pushing the sell button repeatedly in the closing hours of trading, Trump came back with more tweets, suggesting the airlines could be bailed out and small businesses could receive more PPP loans with money left over from the original CARES Act, passed back in May.

He also tweeted that he would immediately sign a stand-alone bill authorizing $1200 checks to all Americans. He effectively called Pelosi's bluff and she's now stuck looking like the Wicked Witch of the West, withholding money from millions of needy Americans.

In between the stimulus-related tweets, Trump managed to slip in another, authorizing the Director of National Intelligence, John Ratcliffe, to declassify documents, including handwritten notes from former CIA chief John Brennan in 2016, taken during a briefing former President Obama concerning a plot by Hillary Clinton to claim then-candidate Donald Trump to be in collusion with Russian intelligence as a means of distracting the public from her use of a private email server ahead of the 2016 US election.

Perhaps even more amusing - or alarming - than Trump's tweeting is the reaction by the mainstream media to the latest in the Clinton-Obama-Brennan-Comey-FBI-CIA-Russia hoax scandal. None of the networks will touch it with ten-foot or longer poles. The New York Times isn't carrying the story, nor is the Washington Post, or any other mainstream outlets, like the Chicago Tribune, Boston Globe, etc.

There are outlets covering what is one of the biggest scandals in American history. More info can be found on Zerohedge.com, the Washington Examiner, Washington Times, Fox News, and elsewhere.

Claiming that the Russia hoax was the biggest scandal in American history and that he had already declassified all the documents, Trump rightly asserts that elements of the deep state in the intelligence community have been slow-walking the release of this information.

Former FBI Director James Comey testified before congress last week, claiming he didn't know anything about the Russian hoax, didn't get any memos on the matter and was generally not involved, despite signing off on multiple FISA requests. Meanwhile, current FBI Director Christopher Wray claims he cannot testify to congress because of COVID-19, even though he would be taking questions and offering answers via video feed. Current CIA Director Gina Haspell has been claiming risks to national security in keeping the documents classified or at least out of sight of the American people.

What the American public is getting used to receiving will look something like this:

Hillary Clinton [REDACTED] and John Brennan [REDACTED] [REDACTED] [REDACTED]. President Obama [REDACTED] his [REDACTED] in the Oval Office and [REDACTED] his top aides by [REDACTED] [REDACTED] [REDACTED] them.
Vice President Joe Biden [REDACTED][REDACTED] at the time. FBI does not [REDACTED] [REDACTED] and CIA confirms [REDACTED][REDACTED][REDACTED] through official channels.

Somebody needs to make up a big sign that says, "Welcome to America, Now Officially a Third World Nation" and hang it from the Statue of Liberty because that's where we are, thanks to corrupt politicians, the dirtiest intelligence networks the world has ever known, and a media cabal that has descended to the depths of 24/7/365 leftist propaganda.

At the Close, Tuesday, October 6, 2020:
Dow: 27,772.76, -375.84 (-1.34%)
NASDAQ: 11,154.60, -177.89 (-1.57%)
S&P 500: 3,360.95, -47.68 (-1.40%)
NYSE: 12,837.88, -111.72 (-0.86%)

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