10 May 2019- Dinner News
Over the course of the past two days, the United States and China have held candid and constructive conversations on the status of the trade relationship between both countries. The relationship between President Xi and myself remains a very strong one, and conversations........into the future will continue. In the meantime, the United States has imposed Tariffs on China, which may or may not be removed depending on what happens with respect to future negotiations!
Tariffs will make our Country MUCH STRONGER, not weaker. Just sit back and watch! In the meantime, China should not renegotiate deals with the U.S. at the last minute. This is not the Obama Administration, or the Administration of Sleepy Joe, who let China get away with “murder!”
4:48 AM - 10 May 2019
(Is that Sleepy Creepy Joe he’s referring to?)
Looks to me like it’s going to be SleepyCreepy Joe over Crazy Bernie. Everyone else is fading fast!
— Donald J. Trump (@realDonaldTrump) May 10, 2019
Tariffs have little impact on American Consumers:
One reason tariffs are unlikely to hurt U.S. consumers is that trade with China accounts for a very small fraction of U.S. spending. According to a recent study by an economist at the San Francisco Fed, imports make up around 11 percent of the $14.3 trillion of consumer spending in the U.S. Imports from China account for 16% of that, which translates into 1.76 percent of consumer spending.
The tariffs that the Trump administration plans to hike apply to only around 34 percent of consumer spending on imports from China, according to a different study from the San Fran Fed. In other words, just over half a percentage point worth of overall U.S. consumer spending.
If all of the tariffs were passed through to consumers–which has not happened judging by price data–the overall impact on prices would be a 0.1 percentage point rise, according to the San Fran Fred’s estimate.Even if the Trump administration expands the 25 percent tariff to cover all goods, the impact on prices would be just 0.4 percentage points, according to the San Fran Fed.
That would move us closer to the Fed target–but we are headed there in any case. Tariffs may just eliminate some of the need to cut interest rates in order to accelerate inflation.
To put it slightly differently: the tariffs will have no impact on U.S. consumers because their worst-case scenario effect would be to move price increases toward where the Fed is determined to see them go anyway.
Remember Cosco has just been forced to sell it’s control of the Long Beach Port:
Feinstein’s financial ties to the communist Chinese and COSCO include her husband, Richard Blum.
Blum is reported to be heavily tied to the PRC through his Far East investment firm, Newbridge Capitol Corp. Blum’s partner at Newbridge, Peter Kwok, also served as a consultant to COSCO, and COSCO Hong Kong Holdings, a company owned by Chinese billionaire Li Ka-Shing. In 1989, Kwok helped CITIC and Li Ka-Shing raise $120 million to buy a Hughes-built communications satellite for a company also part owned by Chinese generals.
Senator Feinstein is far closer to Red China than just a few business ties to her husband would suggest. The Los Angeles Times reported in 1997 that Blum and Feinstein have visited with communist Chinese officials three times. Blum reportedly accompanied the senator at his own expense and met with President Jiang Zemin and other top communist party officials. In January 1996, Feinstein and Blum were honored as the first foreigners to stay at Mao Tse-tung’s former residence.
About a half minute back in 2011 when Trump was talking about negotiation with the Chinese (Not Safe For Work!):
Donald Trump back in 2011 with regards to China - "Listen you motherf******s, we're gonna tax you 25%."
China’s Big Brother Social Credit System now has a very catchy brain-take-over song that makes you want to hum it later. Yikes!:
An offshoot of the Chinese Communist Youth League published a video featuring Chinese celebrities promoting the nation’s totalitarian social credit system to young people, urging them to give “thumbs up to integrity,” Australia’s ABC News reported on Wednesday.
The music video, titled, “Live Up to Your Word,” features a variety of Chinese actors and musicians who cater to young audiences, including 24-year-old actor Xu Weizhou, popular boy band member Wang Yuan, and romantic comedy star Wei Daxun.
Beginning with a heavy guitar riff reminiscent of early 2000s American punk-pop, the video features its stars in various public settings encouraging the listener to participate in communist society as the Party decrees, whether at school, in the workplace, or playing sports. The stars lead business meetings, study in libraries, and grocery shop, the implicit message of the video being that only by obeying the Party can a young person have access to the necessary resources to participate in society.
According to ABC News’ translation, the lyrics urge the viewer to “be a trustworthy youth.”
“Let’s give the thumbs up to integrity, and unite in building Credit China together,” the video suggests. “Live every day carefully.”
The video is reportedly a production of China Youth Credit Action, a campaign to promote the social credit system supervised by the Communist Youth League. The Youth League is responsible for recruiting young communists, ensuring that young people do not deviate away from communist values, and controlling nearly every aspect of the lives of its members. The group has worked to promote banning participation in Western festivities such as Christmas, and launched a dating service in 2017 to promote marriage and reproduction among communists (and, presumably, to keep communists from falling in love with unauthorized persons who may hold alternative points of view).
You can hear and see it here...
The beginning of the end of big media?
The cofounder of Facebook says it is time to break it up, and he does so eloquently:
"Mark’s personal reputation and the reputation of Facebook have taken a nose-dive. The company’s mistakes — the sloppy privacy practices that dropped tens of millions of users’ data into a political consulting firm’s lap; the slow response to Russian agents, violent rhetoric and fake news; and the unbounded drive to capture ever more of our time and attention — dominate the headlines. It’s been 15 years since I co-founded Facebook at Harvard, and I haven’t worked at the company in a decade. But I feel a sense of anger and responsibility. Mark is still the same person I watched hug his parents as they left our dorm’s common room at the beginning of our sophomore year. He is the same person who procrastinated studying for tests, fell in love with his future wife while in line for the bathroom at a party and slept on a mattress on the floor in a small apartment years after he could have afforded much more. In other words, he’s human. But it’s his very humanity that makes his unchecked power so problematic."
"Mark’s influence is staggering, far beyond that of anyone else in the private sector or in government. He controls three core communications platforms — Facebook, Instagram and WhatsApp — that billions of people use every day. Facebook’s board works more like an advisory committee than an overseer, because Mark controls around 60 percent of voting shares. Mark alone can decide how to configure Facebook’s algorithms to determine what people see in their News Feeds, what privacy settings they can use and even which messages get delivered. He sets the rules for how to distinguish violent and incendiary speech from the merely offensive, and he can choose to shut down a competitor by acquiring, blocking or copying it.
Mark is a good, kind person. But I’m angry that his focus on growth led him to sacrifice security and civility for clicks. I’m disappointed in myself and the early Facebook team for not thinking more about how the News Feed algorithm could change our culture, influence elections and empower nationalist leaders. And I’m worried that Mark has surrounded himself with a team that reinforces his beliefs instead of challenging them.”
We are a nation with a tradition of reining in monopolies, no matter how well intentioned the leaders of these companies may be. Mark’s power is unprecedented and un-American.
It is time to break up Facebook."
And the Tech Tyrants keep getting worse:
What would you consider to be a worse offense: Drugging and raping young women, pressuring young actresses to perform sexual acts in order to get roles, drugging and raping toddlers, promoting pedophilia, beating women, manslaughter…
Or being an outspoken Trump supporter?
According to Facebook and Twitter, supporting the President is a worse offense than being a sex abuser.
As the two social media giants continue to block and suspend pages such as Alex Jones, Laura Loomer, Paul Joseph Watson, and Steven Crowder, while shadow banning pages such as The Gateway Pundit’s, the pages of Harvey Weinstein, Bill Cosby, R Kelly, Ian Watkins, Todd Nickerson, Ray Rice, and Vince Neil all remain, many of them with the sought after “verified” blue check mark.
More from Facebook:
The animated video begins with a photo of the black flags of jihad. Seconds later, it flashes highlights of a year of social media posts: plaques of anti-Semitic verses, talk of retribution and a photo of two men carrying more jihadi flags while they burn the stars and stripes.
It wasn’t produced by extremists; it was created by Facebook. In a clever bit of self-promotion, the social media giant takes a year of a user’s content and auto-generates a celebratory video. In this case, the user called himself “Abdel-Rahim Moussa, the Caliphate.”
“Thanks for being here, from Facebook,” the video concludes in a cartoon bubble before flashing the company’s famous “thumbs up.”
Hurting in ratings, CNN is now pushing for ‘voluntary layoffs’.
CNN says roughly 100 employees have accepted voluntary buyouts a month after an overhaul by parent company AT&T.
Brian Stelter, also confirmed the rumor, trying to spin it as “hundreds of staffers leaving CNN,as voluntary buyouts.”
In a tweet, Brian Stelter said:
There’s a rumor making the rounds today about big impending layoffs at CNN. A CNN spokeswoman is knocking it down on the record: “No layoffs.” There WERE voluntary buyouts throughout the organization, and about 100 people opted for it.
This is CNN:
Comey is lashing out in a desperate attempt to seize the narrative before charges are brought, now that Rod Rosenstein has resigned, thus making himself available as a witness instead of a prosecutor, and things can move forward.
By the way, Q predicted Rosenstein’s replacement a year ago:
Attorney General William P. Barr Announces Edward O’Callaghan As Acting Deputy Attorney General
Attorney General William P. Barr issued the following statement:
Comey at his very own CNN Townhall:
“I think people like that, like Rod Rosenstein, who are people of accomplishment but not real sterling character, strong character, find themselves trapped. And then they start telling themselves a story to justify their being trapped which is, 'Yeah, he's awful but the country needs me,’” Comey told host Anderson Cooper.
Cooper brought up Rosenstein as Comey was responding to a question about a recent op-ed he penned, in which he wrote that the president “eats your soul in small bites.”
“Republicans are doing this in Congress. ‘Yeah, it's awful, but if I speak I'll get defeated and this nation needs me here right now.’ So they start to make little compromises to stay on the team. Talk about collusion, saying that's what I need to do to survive and in the process, he has eaten their soul, they’re lost. So that's what happens to so many of people,” Comey said.
Rosenstein was honored with a Department of Justice send-off on Thursday, after submitting his resignation to President Trump last month. His departure will reportedly take effect Saturday.
Former FBI Director James Comey said Thursday that Donald Trump would have been charged with obstruction of justice if he was not a sitting president, based on the findings in special counsel Robert Mueller's Russia probe report.
The comment came during a roughly one-hour long town hall broadcast on CNN.
Former FBI Director James B. Comey said Thursday that he thinks President Trump likely has committed crimes that could be cause for indictment once he leaves office and, were he not president, likely would already have been indicted.
When asked whether Mr. Trump could be indicted in 2021 or 2025 when he is no longer president, Mr. Comey said that was in play.
“The Justice Department will have to take a serious look at that,” he said.
Former FBI Director James Comey admitted at a CNN town hall that the text messages between former FBI Agent Peter Strzok and former bureau attorney Lisa Page made the entire agency look bad. It damaged the institution and it tarnished the Russia investigation.
“I think, given the standards that we have,” said Comey, “there should have been, and was, severe discipline around their behavior.”
“Everyone has opinions,” said Comey. “You can’t bring them to work and have them affect your work, there have to be severe consequences.”