Friday, January 19, 2018

The Dow's 31% gain during Trump's first year is the best since FDR

cnbc
January 19, 2018


President Donald Trump speaks prior to signing a Presidential Proclamation shrinking Bears Ears and Grand Staircase-Escalante national monuments at the Utah State Capitol in Salt Lake City, Utah, December 4, 2017.
Donald Trump lifted the Dow Jones industrial average in his first year in office more than any other president since Franklin Roosevelt.
The Dow has surged more than 31 percent since Trump's inauguration on Jan. 20, 2017. That marks the index's best performance during a president's first year since Roosevelt. The Dow skyrocketed 96.5 percent during Roosevelt's first year in office.
(Returns measured from the day before the inauguration.)
"This is all about policy," said Bruce Bittles, chief investment strategist at Baird. "You've got lower taxes, less regulation and confidence in the economy is high. Things are firing on all cylinders."
Trump quickly moved to cut regulations enacted by previous administrations. He also successfully pushed to overhaul the U.S. tax code. That revamp included slashing the corporate tax rate to 21 percent from 35 percent.
The president made it to the White House saying he would "put America first." Since taking office, Trump has pushed to have companies bring back jobs to the U.S. and has said repeatedly said his policies would help to accomplish this.

Wednesday, January 17, 2018

Exclusive: Trump says Russia helping North Korea skirt sanctions; Pyongyang getting close on missile

Reuters
January 17, 2018

WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday Russia is helping North Korea get supplies in violation of international sanctions and that Pyongyang is getting “closer every day” to being able to deliver a long-range missile to the United States.
“Russia is not helping us at all with North Korea,” Trump said during an Oval Office interview with Reuters. “What China is helping us with, Russia is denting. In other words, Russia is making up for some of what China is doing.”
China and Russia both signed onto the latest rounds of United Nations Security Council sanctions against North Korea imposed last year. There was no immediate comment from the Russian embassy in Washington on Trump’s remarks.
With North Korea persisting as the major global challenge facing Trump this year, the president cast doubt during the 53-minute interview on whether talks with North Korean leader Kim Jong Un would be useful. In the past he has not ruled out direct talks with Kim.
“I’d sit down, but I‘m not sure that sitting down will solve the problem,” he said, noting that past negotiations with the North Koreans by his predecessors had failed to rein in North Korea’s nuclear and missile programs.
“They’ve talked for 25 years and they’ve taken advantage of our presidents, of our previous presidents,” he said.
He declined to comment when asked whether he had engaged in any communications at all with Kim, with whom he has exchanged public insults and threats, heightening tensions in the region.
Trump said he hoped the standoff with Pyongyang could be resolved “in a peaceful way, but it’s very possible that it can’t.”

Tuesday, January 16, 2018

DHS preparing to arrest leaders of sanctuary cities

The Washington Times
January 16, 2018

Homeland Security Secretary Kirstjen Nielsen confirmed Tuesday that her department has asked federal prosecutors to see if they can lodge criminal charges against sanctuary cities that refuse to cooperate with federal deportation efforts.
“The Department of Justice is reviewing what avenues may be available,” Ms. Nielsen told the Senate Judiciary Committee.
Her confirmation came after California’s new sanctuary law went into effect Jan. 1, severely restricting cooperation the state or any of its localities could offer.
U.S. Immigration and Customs Enforcement Director Tom Homan says those policies put his officers and local communities at more risk because they have to arrest illegal immigrants out in the community.
Mr. Homan told The Washington Times last July that he wanted to see local officials charged as complicit in human smuggling if they shielded illegal immigrants through sanctuary policies.
Mr. Homan repeated that demand in an interview with Fox News earlier this year, setting off a firestorm of criticism.

Saturday, January 13, 2018

Black Activist Explains Why African-Americans Are Doing So Much Better Under Trump Than Obama

The Western Journal
January 13, 2018


Conservative black activist Horace Cooper says there is a good reason the unemployment rate hit an all-time low last month for African-Americans — President Trump’s economic policies.
The unemployment rate fell to 6.8 percent in December, which is the lowest rate ever recorded by Labor Department in the 45 years it has been tracking the statistic.
Cooper — who is a member of the conservative, free-market African-American group Project 21 — told The Daily Signal not only is 6.8 percent the lowest unemployment rate on record, it also represents the narrowest gap between black and white Americans at 3.1 percentage points.
Trump stated on Wednesday that he is “very proud” of the low unemployment, and tweeted earlier in the week, he was “so happy about this news!

On the campaign trail, Trump promised a “New Deal for Black Americans,” which included high-paying jobs. “What do you have to lose by trying something new like Trump?” the then-candidate asked at rally in Michigan in August 2016.
Cooper said Trump should rightly take credit for the rapid turn of events for African-Americans.

Fusion GPS, firm behind disputed Russia dossier, retracts its claim of FBI mole in Trump camp

The Washington Times
January 13, 2018
Photo by: Alex Brandon
Vice President Mike Pence, left, and Secret Service Director Joseph Clancy stand as President Donald Trump shakes hands with FBI Director James B. Comey during a reception for inaugural law enforcement officers and first responders in the Blue Room of the White House, Sunday, Jan. 22, 2017 in Washington. (AP Photo/Alex Brandon) ** FILE **


Glenn Simpson, the Fusion GPS founder who sponsored the unverified anti-Trump dossier, claimed in August and again Jan. 2 that the FBI has a source inside the Trump camp who lent credence to the document.
When a transcript of his secret August testimony was released on Tuesday, news headlines immediately latched onto the disclosure as a boon to a dossier whose core charges of Donald Trump-Russia collusion have been denied and not confirmed publicly.
Then suddenly, as quick as the headlines went up, some one close to Fusion was waving off reporters. Mr. Simpsonhad “mischaracterized” the source. It was not some one on the Trump inside, but apparently an Australian diplomat.
He was featured in a Dec. 30 New York Times story as the source who tipped off the FBI. Campaign volunteer George Papadopoulos told him over drinks that a Russian-linked professor knew of “thousands” of Hillary Clinton emails in the hands of Moscow.
How Mr. Simpson knew of the diplomat last August was unclear. He would have known of him in January when he wrote an op-ed in the New York Times in which he again told of an insider source.
“As we told the Senate Judiciary Committee in August, our sources said the dossier was taken so seriously because it corroborated reports the bureau had received from other sources, including one inside the Trump camp,” he wrote.
Moments after Sen. Dianne Feinstein, California Democrat, unilaterally released the transcript, the inside-source story spread, especially in London. The city is home base of Christopher Steele, the ex-British spy who wrote the dossier.
In his testimony, Mr. Simpson told of Mr. Steele’s meeting with FBI agents in Rome in September 2016. Mr. Steele told Mother Jones magazine he was trying to jump-start an investigation into President Trump.
Mr. Simpson testified, “Essentially what he told me was they had other intelligence about this matter from an internal Trump campaign source and that — that they — my understanding was that they believed Chris at this point — that they believed Chris’s information might be credible because they had other intelligence that indicated the same thing and one of those pieces of intelligence was a human source from inside the Trump organization.”
“It was someone like us who decided to pick up the phone and report something,” added Mr. Simpson, who said this person was not a Steele source, but an FBI one.

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