It seems like the UK is heading towards the March 29 deadline without any real progress towards a deal with the European Union. If no deal is reached by then and no extension has been negotiated, then the UK will crash out of the EU and there are fears of massive disruptions as suddenly border controls will have to be imposed at least across the English Channel, one of the main routes for commerce between UK and Europe. There are fears that this will lead to loss jobs due to businesses shifting operations to Europe and all manner of shortages, and people are stocking up on food and medicines in fear.
[Read more…]

Kristin Hook is a scientist working for the government who was furloughed. She decided to use her unwanted ‘free time’ to research into the actual claims that are being made to justify the building of a wall, such as that there is a crisis along the southern border that can only be met with a wall. She says that there are three elements to the argument for the wall.
[Read more…]

It is ridiculous for the US government to keep lurching from one shutdown (or the threat of one) to the next and the last one was utterly insane, based as it was on a personal obsession of Donald Trump to get an unworkable solution to a manufactured crisis. In the end, absolutely nothing was achieved but many ordinary people were hurt. The stress that such shutdowns causes extend well beyond the federal employees actually furloughed. I think that fiasco has finally caused members of both parties to realize that something must be done to prevent the government repeatedly being held hostage over increasingly trivial policy disagreements.
[Read more…]

We have seen that new congresswoman Alexandra Ocasio-Cortez’s proposal to raise the marginal tax rate on incomes over $10 million to 70% has raised alarm bells among the oligarchy that could be heard even as far away as in Davos, Switzerland during their annual get-together. I mean, this is a tax on incomes over $10 million, for crying out loud. Nobody, absolutely nobody, would suffer if the tax were made even higher. But nothing is ever enough for these people.
[Read more…]

One of the things that the Trump shutdown made glaringly obvious is that the wealthy people around Trump have no idea what life is like for ordinary people. Wealthy people have no lack of sources who would give them credit and banks rush to lend them money. They seem to think that this is true for everyone, as evidenced by multi-millionaire commerce secretary Wilbur Ross expressing puzzlement as to why workers were going to food banks when they could just get a loan from a bank, or Trump’s economic advisor Larry Kudlow claiming that the furloughed workers were proud to volunteer for the government, as if doing their jobs was like the unpaid internships that rich people’s children do. Meanwhile, Trump thinks that shops will be more than willing to give credit to furloughed employees.
[Read more…]

I wonder if Donald Trump capitulated to Nancy Pelosi and agreed to reopen the government because he wanted so badly to give the State of the Union speech originally scheduled for January 29 and then cancelled by Pelosi because of the shutdown.

It will be interesting to see what happens on that front now. If he asks about giving the speech, perhaps Pelosi should say that she needs time to properly prepare for the occasion and suggests a new date after February 15th, i.e., when the government needs to be funded again, on the condition that the government remains open. That would put Trump in yet another bind. In short, Pelosi would have reversed Trump’s hostage tactics, using the SOTU as a hostage to force Trump to keep the government open. The difference is that nobody gets hurt if there is no SOTU speech while plenty get hurt when the government shuts down.

Pelosi can keep this process going, dangling the SOTU speech in front of Trump like a carrot, hopefully making him capitulate again and again.

In a sudden move, Donald Trump has agreed to funding the government until February 15 without getting his money for the wall. So the can gets kicked down the road until February 15 and we get to go through this whole rigmarole again.

BREAKING NEWS: The House and Senate will vote on legislation to reopen the government until Feb. 15. During that period, lawmakers will discuss funds for border security and President Trump’s demand for $5.7 billion for the U.S.-Mexico border wall.

The outcome was a win for Democrats and House Speaker Nancy Pelosi (D-Calif.), who had insisted on no negotiations until the government was reopened.

[Read more…]

I have been fascinated by the dynamic between Nancy Pelosi and Donald Trump. Unlike with his other adversaries where Trump goes aggressively on the attack, calling them insulting names and ridiculing them at every opportunity, he has been remarkably restrained with Pelosi. It cannot be just a gender thing because Trump has been savage with Hillary Clinton and Elizabeth Warren, giving them both derisive nicknames. So what is the deal with Pelosi that finds him consistently wrong-footed and awkward?
[Read more…]