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Donald Trump on impeachment

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Donald Trump on impeachment

The office of the President of the United States is the most important position in the world. Those who wield its power are able to make or break nations, sway hundreds of millions of people, and set the tone for what’s happening in the world.

With that said, President Trump seems to think even more highly of his lofty position than any of his predecessors.

Would the stock market crash if he were impeached? Probably, but that’s not unique to him. Any presidential impeachment would send shock waves through the financial sector.

Would we all be poor as a result? No. I shouldn’t need to explain why this is the case.

Here’s what he thinks would happen if her were impeached:

“If I ever got impeached, I think the market would crash. I think everybody would be very poor.”

Take it down a few notches, Mr. President.

Source: NBC

Trump says the stock market would crash if he were impeached

https://www.cnbc.com/2018/08/23/trump-says-the-stock-market-would-crash-if-he-were-impeached.htmlThe stock market has had little reaction so far to Trump’s renewed legal troubles this week with two former advisors now guilty of criminal acts and one implicating him directly. The Dow fell slightly on Wednesday and stock futures were little changed Thursday morning. Traders say the market right now expects Trump to avoid impeachment unless the special counsel investigation can tie the president directly to collusion with Russia to sway the 2016 election.

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Economy

Frontier Flight Attendants vote to authorize strike

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Frontier Flight Attendants vote to authorize strike

Frontier Flight Attendants, represented by the Association of Flight Attendants-CWA (AFA), today voted 99 percent to authorize a strike.

“Frontier Flight Attendants sent a strong message today that we are united in our fight for the contract we have earned,” said Jennifer Sala, AFA Frontier President. “We are ready to do whatever it takes to get the contract we deserve.”

Frontier Flight Attendants have picketed at Frontier-hub airports over the last six months. Frontier Pilots recently announced a tentative agreement, but Flight Attendants still face labor unrest.

Negotiations are overseen by the National Mediation Board and are scheduled to continue at the end of November. Lack of progress could lead to the National Mediation Board (NMB) declaring that negotiations are deadlocked and releasing both parties into a 30-day “cooling off” period leading to a strike deadline. AFA has a trademarked strike strategy known as CHAOS or Create Havoc Around Our System™. With CHAOS, a strike could affect the entire system or a single flight. The union decides when, where and how to strike without notice to management or passengers.

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Economy

The best thing Alexandria Ocasio-Cortez has ever said

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The best thing Alexandria Ocasio-Cortez has ever said

The freshman congressional sensation from New York, Democrat Alexandria Ocasio-Cortez, has made some pretty awful remarks about the economy. She was so proud of answering, “You just pay for it,” when asked how to pay for the $32 trillion price tag on her proposed healthcare plan that she posted it on social media.

For someone with a degree in economics, her ideas seem to be fueled by something other than economic logic. That didn’t stop her from making a short but incredible statement about the economy.

“I don’t think most of Congress understands how economics works.”

I agree. I also think her presence in Congress isn’t going to raise the level of economic understanding any time soon. Welcome to Washington DC, Congresswoman!

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Economy

Keystone XL stopped by judiciary using bureaucracy to promote lunacy

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Keystone XL stopped by judiciary using bureaucracy to promote lunacy

Activist judge Brian Morris in Montana may have just put the final nail in the Keystone XL pipeline project. He suspended construction of the pipeline pending another environmental review. Apparently, he didn’t like the conclusions of the first one he ordered, so he’s asking for a second opinion.

Montana Judge Puts Brakes On Keystone XL

https://oilprice.com/Latest-Energy-News/World-News/Montana-Judge-Puts-Brakes-On-Keystone-XL.htmlThe court has asked the government to review its assessment and revise it, taking into account the changes in the oil markets since 2014, the latest in climate change, and the presence of “cultural resources” along the route of the pipeline that was planned to carry heavy oil from Alberta to U.S. refineries. The 830,000 bpd pipeline will run from the Albertan oil sands through Montana and South Dakota, ending in Nebraska, where it would connect to the existing pipeline network that goes on to the Gulf Coast.

The court’s ruling comes a little more than a month after TransCanada said that construction of the pipeline could begin as soon as next year. The announcement followed an environmental impact review from the U.S. State Department, which concluded the pipeline’s impact on the environment would be “negligible to moderate.”

My Take

Even if the project can exhaust this activist judge’s attempts to stop it, there is growing tension on the Canadian side that is likely to table the deal indefinitely. For all intents and purposes, the Keystone XL pipeline is dead.

This is lunacy. We’re talking about the most modern and safe method of transporting heavy oil from the place it can’t be used to the place it can be used. Instead, we will remain reliant on Middle Eastern oil that comes without the unnecessary baggage snowflakes like Judge Morris impose on North America.

But that’s the mood of the day for the judiciary that continues to side with former President Obama to oppose current President Trump. Their power to maintain demonstrably dangerous policies and subvert progress is one of the main reasons we need judicial reform. These maverick judges can harm the nation at will and in cases such as this, they do.

Canada will be hesitant to cooperate on big projects like Pipeline XL because of our judiciary, and who can blame them? One man swimming in power can harm two nations with the stroke of his gavel. Sadly, he’ll sleep well believing he just saved an oil or two.

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