During all the fiascos that have been happening one after the other during the Donald Trump presidency, there was one thing that he could boast about and that was the stock market. During his first year of office, it rose by a whopping 25%, greatly pleasing the wealthy class that are the ones who have most of their assets in the stock market. Ordinary people with retirement plans also have a stake in the stock market because those funds are invested in it but I suspect that most are like me and have little idea of what is happening because we do not actively buy and sell stocks ourselves.
[Read more…]

Clio Chang and Ryan Grim describe the delicate maneuvering that went into the Senate vote against US involvement in the war in Yemen and what happened in the House. In both cases we saw people like Bernie Sanders and progressive forces in the Democratic party push a reluctant party leadership to support the moves, while liberal groups for various reasons tended to sit on the sidelines or provide only lukewarm support.
[Read more…]

Sometime ago, I wrote about the mercurial rise within about a year of the QAnon phenomenon, one of the more bizarre political developments of the internet age, that says that Donald Trump is a genius who is cleverly drawing his enemies out into the open before he and his allies in the military suddenly swoop and arrest all of them. The evildoers include “the global banking elite, death squads operating on orders from Hillary Clinton, deep-state intelligence operatives, and Pizzagate-style pedophile rings.”
[Read more…]

Lucian K. Truscott IV has some harsh words for the outgoing secretary of defense Jim Mattis, touted as the ‘Last Adult in The Room’, just like all the other high-ranking military officers that the media automatically endows with sterling qualities simply by virtue of their office. Truscott says like the other three generals that Donald Trump once had and have now left, Mattis was a toady who went along with pretty much all Trump’s hare-brained ideas, resigning only because his feelings were hurt that he was not consulted about the Syria withdrawal.
[Read more…]

If there is one athlete in professional sports who is untouchable, that is LeBron James. He is increasingly using that power to speak out in harsh terms against the power structure in professional football and to support the protests of people like Colin Kaepernick and Eric Reid who have been punished by NFL owners for their kneeling protest against police brutality, an issue that Donald Trump exploits whenever he needs a distraction from his own problems.
[Read more…]

Donald Trump took pretty much everyone by surprise with his statement that he wanted to pull US troops out of Syria. Why did he do it? Why does he do anything? Trying to figure out what is going on that swirling confusion of rage, narcissism, insecurity, envy, vindictiveness, pettiness, and racism that constitutes his mind is a mug’s game. Not only is it difficult but before one can even start to make sense, he has moved on to yet another confounding statement or action. This time, it is his decision to reverse course and trigger a government shutdown that went into effect at midnight.
[Read more…]

As we approach the end of the year, the news that is dominating is the possibility of yet another government shutdown, starting at midnight tonight unless Congress passes a funding bill to keep it open. There has been a lot of posturing on this, with Donald trump demanding $5 billion for the wall and Democrats saying that was not going to happen. The high point was the very public and testy exchange between Trump and Democratic leaders Nancy Pelosi and Chuck Schumer where they goaded him into impulsively taking responsibility for any shutdown, saying that he would be proud to do so.
[Read more…]

At the end of every year, Russian president Vladimir Putin holds a lengthy and wide-ranging news conference and this event was held yesterday. He was asked questions about all the troubles that Donald Trump was facing and Theresa May’s problems with Brexit. Instead of diplomatically replying that those were matters for the people of those nations to deal with, Putin seemed to relish the opportunity to fan the flames by giving gratuitous advice as well as a mini-lecture on what real democracy should be like.
[Read more…]

News comes today that amidst a slew of allegations of improper use of its funds that have led to a criminal investigation, Donald Trump has been forced to close the foundation named after him.

The dissolution of President Donald Trump’s charity resolves one element of the attorney general’s civil lawsuit against the foundation, which includes claims that the President and his children violated campaign finance laws and abused its tax-exempt status.

The lawsuit will continue in court because it also seeks two other outcomes: $2.8 million in restitution, plus penalties, and a ban on Trump and his three eldest children serving on the board of any other New York nonprofit.

The agreement to dissolve, signed by both the foundation and Attorney General Barbara Underwood’s office, also allows the attorney general’s office to review the recipients of the charity’s assets. The most recent tax return filed by the foundation listed its net assets at slightly more than $1.7 million.

[Read more…]

I am sure that readers would be expecting this post to be about Donald Trump, who has given us many great moments in presidenting by virtue of his grifting, incompetence, and sheer brazen lying. But this is actually about Sri Lanka where the president there seems to be trying to give Trump a run for his money when it comes to making impulsive and stupid decisions without thinking things through, feeling that the sheer office of his office was sufficient to make any decision he makes become reality.
[Read more…]