McConnell Is No Better Than Trump……

Mitch McConnell
Senate Majority Leader Mitch McConnell said the attention on the president’s comments on foreign election helps distract from the legislative agenda at hand. | Alex Wong/Getty Images

Trump is fine with accepting dirt (information) from foreign sources if it serves to help reelect him in 2020. We should not be at all surprised as we know (from his own words) that Trump encouraged Russia to “find Hillary Clinton’s lost emails” on worldwide television during the 2016 campaign.

And now we have the senate majority leader Mitch McConnell (R-S.C.) acting like Trump’s expressed willingness to accept foreign (help) intervention into our national elections is no big deal. He poo poos it all as merely a distraction from addressing legislative agendas.

Of course side kick Senator Lindsay Graham (R-S.C.) took the milquetoast toast position that taking help from foreign agents is “probably not a good idea”. Senator  John Cornyn (R-Texas) in another toothless statement that  “I’d rather just have Americans participate in American elections.”

The republican leadership (and by extension the republican rank and file) by not forcefully calling out their president and supporting legislation aimed at insuring anyone accepting help and intervention from a foreign agent would be prosecuted and imprisoned is derelict in their obligation to the American people.

This is where we’re at folks. Since the election cycle that resulted in the unfortunate election of DJT our nation has have been exposed to a continuing  barrage of seemingly never ending lies and acts of deceit by Trump. Only those who have chosen to willfully ignore the truth continue to support the most corrupt and inept president of the modern era.

Trump has repeatedly refereed to the news media as “the enemy of the people”. This is of course a lie. In fact Trump is the REAL enemy of the people. Followed by McConnell and Graham et all.

SOURCE

Now for the truth regarding accepting “dirt” from foreign agents.

Reacting to President Trump saying he would accept foreign intel on a political opponent if offered, and that he doesn’t feel it’s necessary to contact the FBI, Fox News senior judicial analyst Judge Andrew Napolitano on Thursday said he worries the president is “prepared to commit a felony.”

Napolitano was asked by Fox News anchor Shep Smith if there was any “gray area” or “wiggle room” when it comes to campaigns legally receiving “dirt from a foreign entity on a political opponent.”

“There’s no wiggle room with respect to dirt,” the judge responded. “With respect to opposition research. The Federal Election Commission decided in other cases that that is a thing of value.”

This prompted Smith to wonder if what the president described he was willing to do during his interview with ABC News constituted a felony.

“Correct,” Napolitano confidently declared. “Meaning he would be committing a felony and the person giving it to him, if the person was here, would be committing a felony as well.”

After pondering what kind of message Trump is sending to foreign leaders around the world who want to curry his favor, Napolitano argued that regardless of the president’s belief that freedom of speech protects him, the law strictly prohibits him from soliciting foreign assistance in an election.

“If he is a candidate, then what he receives is regulated by federal laws that he took an oath to uphold,” the Fox analyst explained. “Among them are you cannot take something, accept something, receive something from a foreign national under the guise of being the head of state or because you want to use it for your campaign.”

Smith went on to report that Senate Democrats are now working on legislation that would make it a requirement of the law that candidates report such contacts with the FBI.

“The president of the United States of America is prepared to commit a felony to get re-elected,” Napolitano concluded. “That was my reaction and it was not a happy one…

SOURCE

Trump Admits Collusion……

WASHINGTON — Democrats and Republicans joined together on Thursday to condemn President Trump for saying that he would still accept campaign help from Russia or other foreign governments, but disagreed on whether new legislation was required.

In an interview broadcast on Wednesday night, Mr. Trump rejected his own F.B.I. director’s recommendation that candidates call the authorities if foreign governments seek to influence American elections, saying he would gladly take incriminating information about a campaign opponent from adversaries like Russia.

If there was ever a doubt that Trump is a sleazy anti-American douche bag all doubt should have evaporated with the above statement from The Donald.

Republicans apparently don’t think new legislation is necessary. They’re probably right because The Donald would likely ignore new legislation anyway.

Democrats said Mr. Trump seemed to be inviting the help of Russia and other foreign powers as he campaigns for re-election in 2020. “Yesterday, the president gave us, once again, evidence that he does not know right from wrong,” Speaker Nancy Pelosi told reporters. She added, “I believe that he’s been involved in a criminal cover-up.”

Ms. Pelosi said Democrats would advance legislation intended to make it a legal requirement for candidates to report to law enforcement authorities any effort by foreign governments to influence American elections. She and other Democrats said it should not be necessary to write that into law but Mr. Trump’s comments made it clear there was no choice.

Speaker Pelosi and the Democratic party are absolutely right. Trump is undeniably a man without morals or conscience, therefore he cannot be trusted to do the right thing. For this very reason it is imperative that new and powerful legislation be passed making it a high crime and treason for Trump, or any other candidate in the future, to conduct themselves as Trump has said he was willing to do.

In the Senate, Republicans on Thursday rejected an attempt by Senator Mark Warner of Virginia, the top Democrat on the Intelligence Committee, to pass a bill by unanimous consent that would require candidates to report any attempts by foreign nationals to donate or coordinate with their campaign by offering assistance.

But Republicans agreed that Mr. Trump was wrong to express willingness to take help from Russia.

“If a public official is approached by a foreign government offering anything of value, the answer is no — whether it be money, opposition research,” Senator Lindsey Graham, Republican of South Carolina and a close ally of the president, told reporters. “The right answer is no.”

Here you see Republicans refusing to take the action necessary to cut the legs out from under a miscreant president that refuses to see the error of his ways. The republican leadership and the party of stealth and deceit talk a “good” game but refuse to put any teeth to their words. The reality is that republicans are concerned only about raw power and they do not care what it takes to retain their power.

The right answer is to Impeach Donald Trump Now. Trump makes Richard Nixon look almost a saint by comparison.

Mr. Trump sought to defend himself on Thursday by comparing his willingness to accept campaign help to the sorts of diplomatic meetings he holds regularly with foreign leaders like Queen Elizabeth II of Britain.

“I meet and talk to ‘foreign governments’ every day,” he wrote on Twitter. “I just met with the Queen of England (U.K.), the Prince of Whales, the P.M. of the United Kingdom, the P.M. of Ireland, the President of France and the President of Poland. We talked about ‘Everything!’” he added, misspelling the title of Prince Charles, the Prince of Wales, before fixing and reposting it.

“Should I immediately call the FBI about these calls and meetings?” he continued. “How ridiculous! I would never be trusted again. With that being said, my full answer is rarely played by the Fake News Media. They purposely leave out the part that matters.”…

Here the Dotard Trump is equating apples to oranges. In doing so he is placing his obvious ignorance on display for the entire world to again witness. Trump embarrasses our nation on an almost daily basis. Yet the republican party and 40+ percent of Americans are apparently oblivious to this. Either that or they simply do not care. 

You be the judge.

More Below The Fold via the Source Article

 

Apparently Some Are Above The Law……

WASHINGTON (Reuters) – A U.S. government watchdog agency on Thursday recommended Kellyanne Conway, a senior adviser to President Donald Trump, be fired for repeatedly violating U.S. law with political comments while serving in the White House.

The White House immediately rejected the special counsel office’s ruling and demanded that it withdraw the report.

A statement from the Office of Special Counsel cited Conway’s comments in television interviews and social media posts as violations of the Hatch Act, a 1939 law prohibiting executive branch employees from engaging in some political activities. The president, vice president and certain other senior officials are exempted.

The OSC referred to disparaging comments Conway made about Democratic presidential candidates.

“Given that Ms. Conway is a repeat offender and has shown disregard for the law, OSC recommends that she be removed from federal service,” the statement said.

Conway, 52, served as Trump’s campaign manager in 2016, becoming the first woman to head a winning presidential campaign, and is one of his most loyal aides and fiercest defenders.

She currently is leading White House efforts on reducing deaths by opioids and Trump likely would be loathe to have her leave the White House right when he is cranking up his re-election campaign.

SOURCE

Once again we see the Trump Administration thumbing its nose at the rule of law. Is there no shame anymore in conservatives and republicans?

 

The Truth Regarding Tax Cuts……

Republicans favorite meme is that tax cuts spur economic growth, thereby increasing tax revenues and as a result pay for themselves. The only problem is the facts just don’t support the meme.

The release of Trump’s tax plan comes with an expected debate and a familiar question: do tax cuts pay for themselves? The answer is, probably no,. But this doesn’t stop people from bringing up this argument when tax reform is proposed. I mean, you can’t blame them – cutting taxes boosts economic growth, which increases taxable income, and therefore increases revenue collected.

However, this logic is too simple and doesn’t account for other factors that impact the federal budget. It’s not a political issue, it’s simply fact. According to Politifact,“there’s no real evidence in the last 20 years that growth from tax cuts has made up lost revenue.”

This article will explain why tax cuts and overall tax reform can make the economy more efficient, but tax cuts in and of themselves don’t balance budgets.

Republicans are right that tax cuts spur economic growth and tax revenues increase. As long as the economy is expanding. But so does government spending.

It’s nice to talk about theory, but is the math behind self funded tax cuts even feasible? How much economic growth will you need to make up for lost revenue? When will you break even? Well, we talked about the theory, so let’s dive into the numbers.

Lets start with the revenue side of the equation.  Since the 1940’s the federal government has collected, on average, 17% of Gross Domestic Product (GDP) annually. This means that for every dollar of GDP, the US government collects 17 cents through individual, corporate, payroll, and excise taxes.

It’s estimated that Trump’s tax plan could cost anywhere from $3 trillion to $5 trillion over the next decade. So, essentially, Trump’s tax plan would have to generate $17.6 trillion to $29.4 trillion over the next decade in additional GDP growth. How did I come up with these numbers? Simple, if the US government collects taxes approximately 17% of GDP, then you would need $17.6 to $29.4 trillion in additional GDP to make up for the loss in revenue.

Assume that the current economy is growing at an average annual rate of 2%. If you gave a $5 trillion tax cut over the next decade, you would need to generate consecutive growth of 4.4% over the next decade. If you were more conservative and gave a $3 trillion tax cut, then you’d only need consecutive annual growth of 3.5%. If you give a $2 trillion tax cut, then you’d only need 1% more growth in GDP year after year.

These growth rates seem achievable, especially considering the most recent quarter of GDP growth at 3%. But is the math really this simple? Proponents of self funding tax cuts would say yes and leave it at that. But there is another side to the equation – government spending.

Like tax receipts, federal spending has a direct relationship with GDP. On average, federal spending has been at or around 20% of GDP over the last few decades. So what does that mean? Well, simply put, if your tax receipts are 17% of GDP and your outlays are 20% of GDP then you’ll have a budget deficit each year of about 3% of GDP.

If the entire point of tax reform is to reduce the amount of taxes the government collects as a portion of GDP, then you’ll always run a deficit. Even if federal spending decreases on its own due to fewer people collecting government assistance, you’ll still run a significant deficit year after year. Why is this?

Well, with a bigger economy comes increased cost simply due to inflation. Since many government assistance programs are tied to the consumer price index, government spending will naturally increase year after year. Same goes with wages for government employees, equipment purchased through military spending, and even interest paid on federal debt.

Simply put, tax cuts do not pay for themselves because they don’t offset increased government spending. Don’t believe me? Well, just look at the data – even with periods of strong growth, the last time federal spending was below 17% of GDP was 1966.

Source Article

Does ANYONE actually believe our government (or general populace for that matter) has the discipline or smarts to correct the error of the past 53 years? My vote is an emphatic NO.

Rep. Kevin Brady (R-Tex.), a primary architect of the GOP tax bill, has acknowledged that  the tax cuts may not fully pay for themselves. It is very likely that Mr. Brady has known the aforementioned facts all along, as has his fellow republicans, but winning elections is ALL that matters to present day republicans. And Trump is a present day republican on steroids. So, get prepared for continued spiraling deficits and an ever bloated and bulging federal debt.

The Washington Post – Rep. Kevin Brady (R-Tex.), a lead architect of the GOP tax bill, suggested Tuesday the tax cuts may not fully pay for themselves, contradicting a promise Republicans made repeatedly while pushing the law in late 2017.

Pressed about what portion of the tax cuts were fully paid for, Brady said it was “hard to know.”

“We will know in year 8, 9 or 10 what revenues it brought in to the government over time. So it’s way too early to tell,” said Brady at the Peterson Foundation’s annual Fiscal Summit in Washington D.C.

The federal government’s deficit typically shrinks during strong economic times, but the deficit is up nearly 40 percent so far this fiscal year, according to the latest Congressional Budget Office report released Friday.

Spending is up $255 billion for the first eight months of the fiscal year, the CBO said, while revenues are up only $49 billion. Corporate tax receipts are down after Republicans enacted the largest reduction in business taxes in U.S. history. Individual income taxes are basically flat this year (they are growing less than the rate of inflation). Most of the revenue increase is coming from President Trump’s tariffs and more payroll taxes, which were not cut in the tax bill.

“Revenue fell, it didn’t rise, after the tax cuts,” said Marc Goldwein, senior policy director for the Committee for a Responsible Federal Budget.

Brady’s comments are a marked departure from the claim many Republicans made during the tax bill debate that the tax cuts would be fully paid for by additional economic growth that would, in turn, spur additional tax revenues for government coffers.

Numerous independent analyses concluded that the tax bill would add substantially to the U.S. debt, which currently stands at $22 trillion. CBO estimated the total cost of the Tax Cuts and Jobs Act is $1.9 trillion — after taking into account additional growth and interest payments.
Republicans are ALL Keynesians now. Only they accept deficit spending in spades, ALL the time. They missed the part about raising taxes during BOOM times and lowering taxes during BUST times. In other words they got it all bass ackwards.