Tag: Politics

U.S. Federal Employee Memento

If your a U.S resident you are well aware of the current government shutdown. Continue reading “U.S. Federal Employee Memento”

Advertisements

Fannie Mae and Freddie Mac Cash Cows Released?

Its amazing how history has a tendency to repeat itself, but this time around if we have no economic slowdown and the government does not have to issue bailouts this could be a great buying opportunity into a cash cow. Continue reading “Fannie Mae and Freddie Mac Cash Cows Released?”

Big News from Trump Soon?

According to Bloomberg, President Donald Trump said he will make a “major announcement” Saturday on the government shutdown and his demand that Congress fund a border wall.

Trump has previously said he’s considering declaring a national emergency to bypass Congress and fund the wall. The president hasn’t budged from his demand that Congress spend $5.7 billion this year on a border wall even as the partial shutdown entered its 28th day on Friday.

White House Press Secretary Sarah Sanders declined to say whether Trump would declare an emergency at his announcement, which he said would be at 3:00 p.m. in Washington. “I’m not going to get ahead of the president,” she said.

Who knows exactly what he will say, but if its good news expect the rally in stocks to continue…

As a follow up according to Bloomberg, President Donald Trump “major announcement” on Saturday will include a proposal to extend protections for so-called Dreamers for three years, in exchange for $5.7 billion in funds for border security, said a person familiar with the proposal.

As well as protections for Dreamers, young people brought to the U.S. illegally as children, the plan would also extend the visas for Temporary Protection Status holders, though it’s unclear for how long.

Trump’s concessions, expected to be outlined in a speech at 4 p.m. on Saturday, are aimed at getting Democrats back to the negotiating table in a bid to end a partial government shutdown now into its fifth week. A stock market boner could be on the horizon!

Non-Hacker Tunnel in NY


New Yorkers traveling in the Holland Tunnel, a vehicular tunnel underneath the Hudson River connecting Lower Manhattan and New Jersey, are now discovering that the next generation of communication technology is being tested right outside their car windows, said Bloomberg.  Continue reading “Non-Hacker Tunnel in NY”

Wework not working?

When Saudi Arabia and Abu Dhabi successfully dissuaded the SoftBank Vision Fund from buying a majority stake in WeWork for $16 billion, CEO Adam Neumann lobbed a Trump-style smoke bomb at the news cycle by subsequently announcing that the company was changing its name to “The We Company” in recognition of its expanded vision Continue reading “Wework not working?”

Pelosi sends an email

House Speaker Nancy Pelosi on Wednesday asked Donald Trump to delay his State of the Union address – or deliver it in writing – while the government is partially shut down according to Bloomberg.

Pointing to security concerns, Pelosi said that the partial shutdown has crippled both the US Secret Service and the Department of Homeland Security, which may compromise security measures that precede the primetime address, according to Politico.

“Sadly, given the security concerns and unless government re-opens this week, I suggest that we work together to determine another suitable date after government has re-opened for this address or for you to consider delivering your State of the Union address in writing to the Congress on January 29th,” Pelosi wrote in a letter to Trump. 

Publicly, Democrats plan to argue that the parties need to focus on addressing the shutdown, now the longest in U.S. history. But privately, they also don’t want to give Trump a major platform to blame them for the shutdown when Trump’s demand for billions in wall funding has been the main driver, according to a Democratic lawmaker close to leadership.

Staff have been discussing the idea of postponing the State of the Union for months, with some expressing concern about scheduling travel plans for lawmakers and guests as well. –Politico

Pelosi’s announcement comes before a bipartisan group of lawmakers in the Problem Solvers Caucus is set to meet with Trump on Wednesday to discuss the shutdown and border security. Democrats are trying to cobble together a solid base as the White House attempts to pick off members known for cutting deals.

Shortly before Pelosi’s announcement, she and Minority Leader Chuck Schumer attended a closed-door caucus meeting with House Democrats, where Schumer told them to remain unified in their opposition to funding Trump’s long-promised border wall. 

Long McDonalds?

As per tradition, the White House was expected to host the NCAA football champions for a dinner with the president this week. But there was one problem: Because of the partial government shutdown, most of the White House kitchen staff had been furloughed.

So President Trump came up with a grand idea! He ordered, and paid for thousands of dollars in McDonald’s, Burger King, Wendy’s and Dominoes fast food, then invited the Clemson Tigers to toss aside their weight watchers diets and dig in to a fast-food feast served on silver platter White House trays.

One table was covered in trays of various fast-food burgers, while another was slathered in pizza and fries (can’t make this up.)

Asked whether he preferred McDonald’s or Wendy;’s, Trump insisted that “I like it all” and that “it’s “great American food.”

“Because of the shutdown, as you know, we have the great Clemson team with us,” Trump said. “So we went out and we ordered American fast food paid for by me. Lots of hamburgers, lots of pizza, I think they’d like it better than anything we could give. And so, we’ll have a little fun.”

“I like it all. I like it all,” Trump said. “It’s all good stuff, great American food.”

Trump added that he ordered more than 300 burgers for the dinner. During remarks to the players, Trump congratulated the team on its victory, and joked that he’d rather feed them burgers than salads prepared by the First Lady (humorous this one.)

The players seemed happy!

As usual, the business man himself will do anything to pump AMERICAN companies and as such don’t be surprised if McDonald’s gets a Trump bump in the next Q.