President Trump: The NEW one and only politics thread

Make Oil Companies Rich Again

EPA rejects fuel efficiency standards for automobiles

 

Given the unlikelihood of a second term for this administration, I wonder if automakers would bother to change their operations to take advantage of the relaxed fuel standards, knowing the stricter fuel standards could be reimplemented as soon as this clown show ends.

 

Throw in that most car companies design their cars for global markets - I don't see this promoting much of a change. Many car companies are moving away from fossil fuels.

 

Trump's intention here is to grease the path for his next big project, the coal-powered MAGA automobile.

 

This is damned good and hits really close to home.

Gun Culture Is My Culture. And I Fear for What It Has Become.

 

Who steps up against her Sinclair employer today?

Mary Nam at KOMO in Seattle. Big onions on her.

 

So Trump expels all those Russian diplomats, but is allowing Putin to sub in replacements for them. Courage!

 

I know the common perception is that Trump is off the rails and his volatility is reflective in the markets, but with every swing up and down, you have to figure there are a few people close to him who know what is coming and adjust their market moves accordingly. You figure some of those market gains are chipped off into the President's re-elect fund.
How much of the market losses have been due to unilateral actions on the part of the President?

 

Stock Markets Tumble Amid Worries Over Tech Firms and Trade Tensions

A broad market sell-off hit Wall Street on Monday, with major stock indexes slumping as a recent blitz of bad news about technology companies and festering worries about a trade war between the United States and China continued to leave investors jittery.

 

Facebook? None. Shot themselves in the foot there.

Amazon? All of it. His tweets are doing it.

Same with any stocks that would be negatively IMPACTED by a trade war with China.

 

A possible trade war with China is something traders genuinely ought to worry about. Selling Amazon because of a Trump tweet is just proof Wall Street is a herd of panicky gazelles on the veldt. Trump's not gonna do anything to Amazon anymore than he could make Mexico pay for his wall. It's the country's most popular big corporation and its second biggest private employer. Ask any Republican Congressperson how they'd feel if Amazon ended free shipping for Prime customers and blamed Trump for it. In all likelihood, stocks have gone down for the last month because they'd gone up steadily for over a dozen months. Sooner or later, people sell.

 

The Most Powerful Lobbyist in Trump’s Washington

Every Administration has suddenly popular lobbyists - I think I can remember reading about Jack Abramoff's remarkable rise at one time. What surprises me is some of the other names associated with this venture.