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Articles by Robert Trip
House Must Vote Again On Tax-Reform Plan After Procedural Snag
In an embarassing reversal of what House Republicans had celebrated as a done deal, the House will need to vote again on the final version of the tax reform plan passed earlier this afternoon. The second vote is the result of a technicality in one of the bill's provisions.
Chuck Grassley Sparks Outrage With "Booze, Women Or Movies" Comment
"Did he really say that" was the rallying cry across social media after Republican Senator Chuck Grassley placed his foot directly in his mouth over the weekend as he commented on tax reform impacts on Americans...
Mark Zuckerberg's Sister Describes "Horrifying And Offensive Comments" Of Sex Harasser Airline Passenger
We have to admit we didn’t know anything about Mark Zuckerberg’s sister, Randi, before she created a media storm by complaining about a sexual harassment incident she suffered while travelling on Alaska Air. Feeling disgusted & degraded after an @AlaskaAir flight where the passenger next to me made repeated lewd sexual remarks. The flight attendants told me he was a frequent flier, brushed off his behavior & kept giving him drinks. I guess his $ means more than our safety?
Fed Chair Nominee Powell's Prepared Remarks: "Will Respond With Force To Threats To Nation's Stability"
Jerome Powell, President Trump’s nominee to head the Fed, has released the text of remarks he’ll deliver Tuesday in a confirmation hearing before the Senate Banking Committee. Powell said he expected the central bank to continue raising its benchmark interest rate and trimming its balance sheet under his leadership, but had some pointed comments over deregulation, economic stability, and the plunge protection team...
Did The DOJ Just Kill All Future Hope For Mega Media Mergers?
There is no doubt that AT&T needs the Time Warner deal...badly. Their land-based distribution network, which is dependent on old copper telephone lines, is far inferior to their cable competitors which have since installed coaxial or fiber lines that supply far faster internet speeds to data-hungry homes and businesses.
Trump Is Standing By Roy Moore: "We Don't Need A Liberal Democrat In That Seat"
After refusing to discuss allegations that Alabama Senate candidate Roy Moore had inappropriate sexual contact with nine women when they were still teenagers, President Donald Trump has for the first time spoken out about the controversy during a impromptu conference with a group of reporters just before he and his family departed Washington for the Thanksgiving holiday.
Congressmen Will Now Receive Mandatory Sexual Harassment Training
Looks like Congress needs a visit from the sexual harassment Panda... VIDEO Joking aside, House Speaker Paul Ryan announced Tuesday that there will be a new mandatory anti-harassment and discrimination training for all House members and staff. Ryan’s announcement followed the revelation, made by Rep.
Female Corrections Officers Sue Cook County Over "Masturbating Inmates"
In a story that brings to mind one grotesque yet memorable scene from the classic thriller “Silence of the Lambs”, three female corrections officers in Cook County have filed a lawsuit claiming that Sheriff Tom Dart has ignored their complaints about grossly inappropriate behavior by male inmates who “brazenly masturbate” in front of female guards, the Chicago Sun-Times reported.
NFL Boycott Intensifies On Veterans Day Weekend After Goodell Announces No Change To Anthem Policy
Authored by Jonah Bennett via The Daily Caller, The NFL announced Saturday that there isn’t going to be any change to its national anthem policy, despite an escalating boycott of games over Veterans Day weekend.
Vegas Shooter Was Depressed, Lost "A Significant Amount Of Wealth" Before Massacre
It’s been more than a month since Stephen Paddock smashed two windows in his hotel suite and opened fire on a crowd of 20,000 unsuspecting country music fans, and investigators are still desperately grasping for something that sounds like a motive in the deadliest mass shooting in US history. Extrapolating from the evidence that’s been presented to the public, it seems whatever Paddock's motive might've been, he took it to his grave.
Trump: "People Are Angry" DOJ Isn't Probing "Crooked Hillary"; Slams "Rogue Twitter Employee"
Just hours after last night's bizarre, temporary muting of Trump's twitter account, in which Twitter admitted that a disgruntled "twitter customer support" employee on his last day took down Donald Trump's twitter account, after faslely claiming earlier that the "account was inadvertently deactivated due to human error" - which prompted many to ask just what quality control, if any, exists at Twitter if a disgruntled employee can shut up the president - this morning the president was...
Trump Calls On Podesta Bros To "Drain The Swamp" By Revealing "Earth Shattering" Dirt On Dems
As the mainstream media circus ran wild with the Paul Manafort indictment yesterday, Trump, who repeatedly dismissed the charges as being unrelated to his campaign, has just tweeted that the biggest story revealed yesterday, a story which was largely ignored by the "fake news", was Tony Posesta's sudden resignation from the powerful lobbying group that bears his name.
Maxine Waters Threatens To "Go And Take Out 'Moron' Trump", The Most "Dangerous President Ever"
It's been a big weekend for California Congresswoman Maxine Waters. Having slammed White House Chief of Staff John Kelly on Saturday for defending President Donald Trump's conversation with a Gold Star family, demanding that he apologize for his remarks toward Democratic Rep. Frederica Wilson of Florida... "Gen. Kelly has been tainted by Trump lying in the face of facts. Hasn’t he seen the same video of Rep. Wilson that everyone else has seen?" “If the wife and family of Sgt.
Trump To Recall Up To 1,000 Retired Air Force Pilots In Revised 9/11 Executive Order
In an unexpected development, President Donald Trump has signed an executive order allowing the Air Force to recall up to 1,000 retired pilots to address what the Pentagon has decribed as "an acute shortage of pilots," Fox News reported. The order, which Trump signed Friday, amends an emergency declaration signed by George W. Bush in the days after the Sept. 11, 2001 terror attacks. The Air Force is only allowed to recall up to 25 pilots under current law.
Professor Says "Violent, Destructive" Protests Are Justified
Authored by Toni Airaksinen via CampusReform.org, A professor at Loyola Marymount University recently praised “violent or destructive demonstrations” for their ability to gain public attention. Stefan Bradley, a professor of African American Studies, argued in an essay titled “Civil Debate is Fine, Protest is Even Better” that because civil debate doesn’t “often yield just results,” violent protests are much more effective.
Stocks Sink After Trump Tax Plan Leak - Here's What Wall Street Thinks
Compounded interest is The 8th wonder of the world- those who understand it earn it, and those who do not pay it.- Albert Einstein If America has a capitalistic economy, we must really suck at creating capital with a $21 trillion national debt and $500 billion trade deficit in 2016! Where is the capital?! Wake up and drink the coffee! Smelling it doesn't work! This is not capitalism! This is Mussolini style debt financed militaristic bankism! Lying about history and reality does not change...
Manafort Calls On DOJ To Release His Intercepted Phone Calls; Demands Investigation Of Leaks
Less than 24 hours after CNN triggered the latest outbreak of 'Trump Derangement Syndrome' by relaying information from anonymous sources that Trump's former campaign manager Paul Manfort has been under surveillance by the FBI since 2014, Manafort has fired back by calling on the Department of Justice to release all transcripts of his tapped phone calls so that the American public "can come to the same conclusion as the DOJ — there is nothing there." Per the Daily Caller: Former Trump...
US Sanctions Against Venezuela Will Hurt Americans
After fifty years of imposing embargoes and other sanctions, the United States never managed to topple Cuba's communist regime. After forty years of the same in Iran, the US met with similar amounts of success. Ongoing sanctions against North Korea have not toppled to regime there. But, some people in Washington won't let decades of failure dissuade them. Last week, Congressman Mike Coffman (R-Colo.) introduced new legislation to bar Americans from importing oil products from Venezuela.
Toys "R" Us Files Chapter 11: Second Largest US Retail Bankruptcy In History
Toys “R” Us Inc., the largest US "brick and mortar" toys retailer, filed for bankruptcy late on Monday night, as a result of a crushing post-LBO debt load and relentless competition from warehouse and online retailers, the "latest blow to a retail industry reeling from store closures, sluggish mall traffic and the gravitational pull of Amazon.com" according to Bloomberg.
North Korea Threatens To "Sink" Japan With Nuclear Weapons, "Reduce The US To Ashes"
Less than a day after US officials observed North Korea moving mobile missile launchers and engaging in preparations for what appears to be another missile test, a North Korean state committee has stepped up its belligerent rhetoric, threatening to use nuclear weapons to “sink” Japan and reduce the US to “ashes and darkness” after the UN Security Council passed new sanctions against the isolated country earlier this week, Reuters reported.
Watch Live: Apple Unveils Latest iPhone From Spaceship Campus
Update: This seemed to sum things up in Cupertino perfectly - Steve Wozniak is wandering around. He said he is excited to see the new iPhone features, especially the facial recognition. He likes the feature a lot on his Samsung phone. 1001ET BLACKBERRY ENTERPRISE UPDATED TO AAPL IOS 11 MOBILE OPER SYSTEM The stock ran up excitedly into the event...
Arkema Releases List Of Toxic Chemicals Stored At Doomed Texas Plant
One day after two explosions rocked its flooded plant in Crosby, Texas, French chemicals giant Arkema said it was on "high alert" as more fires could start at the doomed facility at any moment, according to VP of US manufacturing Daryl Roberts who spoke to reporters on Friday morning.
Man Plunges To Death From Seventh Floor Of London Stock Exchange
An unidentified man fell to his death from the seventh floor of the London Stock Exchange on Tuesday, Reuters and British news outlets reported.
Is Trump Gearing Up To End The Iran Nuclear Deal?
Authored by ISN Security Watch via OilPrice.com, Jack Thompson and Oliver Thränert argue that President Trump´s administration is laying the groundwork for the U.S. to withdraw from the Iran nuclear deal. However, they suggest that if the U.S. were to end its participation in the Joint Comprehensive Plan of Action (JCPOA) on Iran’s nuclear program, it would severely damage transatlantic relations and the nuclear non-proliferation regime.
Private Prison Demands Small Town Give It 300 More Prisoners Or It Will Close Down
Via TheAntiMedia.org, A small community in New Mexico is learning firsthand the consequences of relying on corporate industry to fuel your economy. In the case of Torrance County, it’s the private prison industry.
Outgoing Ethics Chief Says Country Is "Pretty Close To A Laughingstock" Under Trump
The outgoing director of the federal government's ethics office has decided to seize his 15 minutes of fame on his way out the door by sitting down for an interview with the New York Times to warn Americans that President Trump has turned the country into a "laughingstock." Shaub is apparently most concerned about Trump's visits to his family-owned resorts which he says creates "the appearance of profiting from the presidency." "It’s hard for the United States to pursue international...
Caitlyn Jenner Is Exploring A Senate Run
Earlier this week, Kid Rock announced that he’s exploring a senate bid in his home state of Michigan, energizing conservative activists who believe Rock – real name Robert James Ritchie – would easily defeat incumbent Democrat Debbie Stabenow and go on to become the first Republican to hold her seat since 1998.
Mapping Where People Think The Economy Is Rigged The Most (And Least)
The Brexit vote in Britain and the election of Donald Trump to become President of the United States have shown that there is a deep distrust of the elites in many countries. As Statista's Dyfed Loesche notes, popular anger is directed towards those who are seen to be rigging the economy (or politics) against the hard working common man. Just how common this resentment is, if warranted or not, is shown by data provided for by the research institute Ipsos in a recent report.
Mike Pence Visits The DMZ, Says "Era Of Strategic Patience" With North Korea Is Over
In the midst of a 10-day Asia trip, Vice President Pence made an unannounced visit to the 4km-wide heavily-mined demilitarized zone separating the two Koreas where he met with troops, encouraged China to take action against North Kore, and warned Pyongyang that after years of testing the U.S. and South Korea with its nuclear ambitions, "the era of strategic patience is over." As the brown bomber jacket-clad vice president was briefed near the military demarcation line, two North Korean...
Pulling Levers To Steer The Machine
Authored by Bonner & Partners' Bill Bonner via Acting-Man.com, Ticks on a Dog A brief comment on Fed chief Janet Yellen’s revealing speech at the University of Michigan. Bloomberg: “Before, we had to press down on the gas pedal trying to give the economy all of the oomph that we possibly could,” Yellen said Monday in Ann Arbor, Michigan.
Creative Destruction Versus Government Fixes
Authored by Valentin Schmid via The Epoch Times, Macquarie strategist Viktor Shvets explains overcapacity, debt, and government intervention Despite the temporary injection of confidence in the American economy brought about by the election of President Donald Trump, major structural problems continue to lurk beneath the surface. These trends, decades in the making, are so entrenched and intractable that even Trump’s boldest plans may not be able to resolve them.
Trump Blames Obama For Syrian Chemical Attack
Back in 2013, the catalyst used by the US to intervene in the Syrian conflict which started in the aftermath of the Arab Spring (which according to some was inspired by CIA intervention), was a YouTube clip allegedly showing a sarin gas attack by Assad troops on his own people in the town of Ghouta, which reportedly led to hundreds of casualties.
Rand Tumbles For Second Day After Zuma Says He'll Fire Gordhan
One day after the South African rand tumbled on the suprising report that president Zuma had ordered his finance minister Pravin Gordhan to cancel roadshow meetings with investors in the UK and US and return home on Monday, overnight the rand plunged for the second day in a row, after the 74 year old president told senior leaders of the South African Communist Party that he plans to fire Finance Minister Pravin Gordhan.
Caught On Tape: Hong Kong's Longest Escalator Suddenly Reverses At High-Speed; Injures 18
Rescue workers rushed to Langham Place (a bustling shopping mall in Mong Kok, Hong Kong) after the one of longest indoor escalators in the city stopped and reversed at high speed on Saturday afternoon. Video footage obtained by The South China Morning Post showed the 45m long escalator quickly changed directions at high speed, causing people to fall and pile up at the base of the escalator. VIDEO In another video, some people could be heard screaming as others tumbled down the escalator.
Mike Krieger: "Forget Russia, Donald Trump Works For Wall Street"
Authored by Mike Krieger via Liberty Blitzkrieg blog, The evidence is overwhelming and indisputable at this point. Donald Trump is a phony, who has given his administration over to Wall Street crooks even more enthusiastically than his predecessors, and his predecessors were very enthusiastic. I’ve written about this many times, and I warned throughout the campaign that my biggest fear was Trump is far too cozy with the finance industry, fake populist statements aside.
Saudi Crown Prince Flies To Washington To Meet With Donald Trump
Saudi Deputy Crown Prince, Mohammed bin Salman, responsible for the kingdom's reforms, left on Monday for Washington to meet President Donald Trump on a visit expected to pitch the world's top oil exporter as an attractive investment destination.
Sturgeon To Give May An "Ultimatum" As UK Preapres For Critical Vote Ahead Of Article 50
Britain’s minister for leaving the European Union, David Davis, urged lawmakers not to hold back PM Theresa May’s ability to negotiate a Brexit deal in talks she could trigger as early as this week. Davis on Sunday called on lawmakers to vote to drop two amendments that were added to a bill authorizing the talks with the bloc’s other member states, saying May should be able to enter with no strings attached the WSJ reported.
Trump Says He Will Skip White House Correspondents' Dinner
Donald Trump announced Saturday afternoon that he will not be attending the annual White House Correspondents' Association dinner in Washington, D.C. One day after the White House announced it had barred CNN, The New York Times, Politico and several other major media outlets from a media "gaggle" in the White House leading to angry protests from the press and several threats of boycotts of future media briefings, in a tweet the president said he will pass on the journalism scholarship benefit...
In Latest Intel Mutiny Against Trump, DHS Analysts Say White House Travel Ban Is Wrong
Another day, another symbolic 'mutiny' has broken out against president Trump in the US intel community, this time involving the Department of Homeland Security. Overnight, analysts at DHS Office of Intelligence and Analysis found "insufficient evidence" that citizens of seven Muslim-majority countries included in President Donald Trump's travel ban pose a terror threat to the United States.
Senate Intel Committee Orders White House To Keep All Records For Russia Probe
The "Russia hacked the US election" is getting its second wind.
Germans Outraged After US Tennis Association Plays "Nazi Anthem"
Germany responded with outrage after the United States Tennis Association made the embarrassing gaffe of playing the Nazi-era version of Germany's national anthem during a Federation Cup tie in Hawaii, Reuters reported. The version played included the first stanza, beginning "Deutschland, Deutschland uber alles," which was used as Nazi propaganda.
Why Millennials Are Behind: They Earn 20% Less Than Boomers Did At The Same Age
Over the past few years, as the Millennial generation has grown into its own, in 2016 surpassing Baby Boomers as the nation's largest living generation according to the Census (Americans aged 18-34 in 2015 now number 75.4 million, surpassing the 74.9 million Baby Boomers aged 51-69), in the process becoming the fulcrum support of the US economy, it has also prompted many questions: why aren't Millennials investing in the stock market? Why aren't they starting families and buying houses?
Leading French Presidential Candidate Le Pen Spotted At Trump Tower
As we detailed earlier, leading French presidential candidate Marine Le Pen, is in New York for an unexpected visit. While she has no public agenda to meet with Donald Trump, she has just been spotted there drinking coffee. "Le Pen, who leads in the latest opinion poll for the presidency, is making a private visit to New York, her campaign chief of staff, David Rachline, said in a text-message exchange.
White House: "Too Early To Tell If Chicago Beating Was A Hate Crime"
It appears Newt Gingrich was right in his outrage at the hypocrisy surrounding the kidnapping and abuse of a mentally-ill white teen by four young black assailants.
Russia Retaliates: To Expel 35 US Diplomats After US Sanctions
Russia warned it would respond proportionally to yesterday's unprecedented sanctions and diplomatic expulsions unveiled by the Obama administration, and this morning it did just that when Russia's foreign ministry announced plans to expel 35 U.S. diplomats and ban U.S. diplomatic staff from using a dacha and a warehouse in Moscow in retaliation to Washington's sanctions, Russian news agencies reported.
"Less Room To Run" - What Wall Street Is Paying Attention To In Today's Fed Statement
When it comes to today's FOMC decision, there is little speculation: a 25 bps rate hike, the first in 2016 and only the second since the financial crisis, is now effectively assured: all 103 Bloomberg-surveyed economists expect a 25bp increase. The market agrees, and as shown in the chart below, implied rate hike odds are at 100%, with some even speculating that the Fed may hike by 50 bps. So with December in the bag, two other questions emerge as key: what will the Fed hint about 2017.
Janet Yellen Explains How Dovish Her Rate Hike Is - Fed Press Conference Live Feed
Just as Mario Draghi exlained how his reduced bond buying was not a taper, we suspect the narrative espoused by Janet Yellen in her press conference today will be just how dovish this rate hike is.. and how the rate of normalization will be very gradual. The big question is, how will she respond to question about Trump's fiscal stimulus plan? Of course, this also may be her last flourish as Fed head, so anything goes.
Will San Diego Help End The NFL's Addiction To Taxpayer Money?
Submitted by Brittany Hunter via The Mises Institute, Cheering for the home team can unify communities divided by politics, economics, and personal differences. However, this unification can come at a high cost, one that will inevitably fall to the taxpayer. While it is typical for professional athletic associations to use tax dollars to pay for their stadiums, arenas, or other venues of choice, public subsidies are not the only means to this end, nor are they the most efficient.
Glaxo Slides After Bernie Sanders Tweets Company "Put Patients At Risk To Increase Profits"
Yesterday, Bernie Sanders slammed Eli Lilly stock after the former presidential candidate and Vermont Senator asked "why has the price of Humalog insulin gone up 700% in 20 years? It's simple. The drug industry's greed", sending LLY stock to 7 month lows. Today Bernie's vendetta with the pharma industry was in the spotlight again, when moments ago Sanders tweeted that "the business model of the drug industry is fraud.
Is This Obama's Idea Of A Cyberwar?
An American hacker, known only as "The Jester", hacked into the Russian Ministry of Foreign Affairs over the weekend leaving a benign message while alluding to future attacks to come: "Now see here, I wouldn't want you to get all upset and throw your toys out of your stroller over this mild incursion, so think of this as a 'professional courtesy' or if you prefer message from 'USA with love.'" According to CNN, the attack was in retaliation for last Friday's attack on the U.S. that brought...
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