The economy and numbers on Wall Street have been the backbone of Trump's re-election argument. But coronavirus fears are talking markets worldwide, and that reportedly has Trump concerned. We talk to Philip Rucker. Aired on 3/5/2020.
» Subscribe to MSNBC:
MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Morning Joe, Meet the Press Daily, The Beat with Ari Melber, Deadline: White House with Nicolle Wallace, Hardball, All In, Last Word, 11th Hour, and more.
Connect with MSNBC Online
Visit msnbc.com:
Subscribe to MSNBC Newsletter:
Find MSNBC on Facebook:
Follow MSNBC on Twitter:
Follow MSNBC on Instagram:
Coronavirus Fears Are Tanking Markets. That Has Trump Worried. | The 11th Hour | MSNBC
1:34 Lack of impulse control is a hallmark of psychopathy.
It’s a hallmark of many personality disorders/neurological conditions. Such as narcissistic personality disorder, ADD, ODD, dementia which Trump probably also has.
He’s more like the pathological liar who actually believes others believe his bs.
Our country’s leaders can NOT get it into their heads that COVID-19 is NOT. THE. FLU. It is 20 times more contagious and something like 200 times more deadly.
Last week they opened up about it. How many dead so far? Your first case was highlighted on UK news over a month ago. You should have been testing then.
Lots of CEOs have suddenly stepped down over the past month. Perhaps they’re packing up and traveling to where this “flu” can’t follow, along with their other wealthy and powerful friends? They know how bad this thing is, believe me.
SCREW “the great economy” B$!!!!!
The financial disparity currently existing in this country is INSANE!! Less then 5% of the population owns over 95% of it’s assets. People might be working but they are barely surviving financially. A “Great Economy,” you can pay your bills AND save money at the same time.
😢
There has been a bad virus in the WH for the past 3+ years. Needs to be eradicated.
Yeah, I heard about it. It cost the American taxpayer $32,000,000 and the time of 40 FBI agents and all we got was that ankle-biter Schiff (I’VE SEEN THE EVIDENCE WITH MY OWN TWO EYES) desperately trying to make a silk purse out of a phone call.
Just wait for Durham. Just wait.
You are insane and full of ignorant hate! Obama and the Democrats refused to fund clinical trials to a doctor in Texas who came up with a vaccine for this Corona Virus! I guess you are the kind of fool who would help to crucify Jesus if he came to you! https://www.ibtimes.sg/who-peter-hotez-doctor-reveals-coronavirus-vaccine-was-ready-years-ago-trial-never-happened-40530
Dems need to be stamped out. They are a plague on humanity.
It is called the moronavirus… The virus cells look like Trump’s orange face under a microscope…
Impeached Trump has Failed America.
Sick workers work sick. Sick employees cannot afford to lose their jobs. Need Coronavirus moratorium on termination for sick time.
Unfortunately, too many workers would take advantage of a moratorium staying home when not sick.
Wow! That CNBC guy really showed where some people’s (Wall Street’s) priorities are. 😱
Yeah that poor wealthy wall street guy……slowing down his profits, and gonna cut into his habit.
Maybe he should just lay of the coke for a while.
lol.. seriously though, if the stock market collapses, the whole world will be affected. People die from market crashes too
And it shows why the USA is among the sickest, greediest societies on the planet.
He’s entirely transactional, he literally said the virus was “good” for our economy cuz’ people are using US hotels and not traveling!!!! The left is WAY too kind to the freak.
@ANJANYA AYNAJNA Biden is no leader he has been stealing our taxes and funneling it through countries like Belize ,Ukraine and Columbia. He also that bill that sent minorities for endless years.
@bella roja Link on Trump saying the virus is good for the economy please? Can’t find any, thanks.
@Kaizaro123 I tried to find it and can’t find it .People just have so much hate in them that they will just be deceitful.
.
@A Taylor Woah there, boss. It is misleading, and, quite frankly, ingenious to solely blame Obama for the lack of funding. Vaccines have traditionally been funded and produced by the private sector. Namely, venture capitalists/private investors, university reseachers and ‘big pharma’.
Indeed, earlier this week during an interview, Jason Schwartz, professor at the Yale School of Public Health, had this to say:
“We have a pattern in our medical research landscape in which outbreaks lead to a surge in research investment, and if and when those outbreaks wane, as they invariably do, other priorities take their place.” He then went on, “The responsibility to fund this type of research must rest with governments and nonprofits, because for-profit pharmaceutical companies can’t be counted on to fund projects that, in most cases, will never make money.”
Further, the President’s Council of Advisors on Science and Technology (PCAST), an entity independent of the administration and comprised of the nation’s leading scientists and engineers, is tasked with vetting any decisions on health matters the president might have to deal with.
So you see, there are factors beyond mere presidential authority at play here. As above, funding in the private sector typically dries up once an epidemic is stopped. As for the government, PCAST did not deem it necessary that a vaccine needed to be developed.
Trump’ lies and has lost all credibility. or God’s sake, don’t look to him for help. Listen to the medical experts.
https://youtu.be/2t-cl61pK24
Calm down, gees.
That’s just what Trump wants!😠🖕 he’d rather NOT do anything & let people drop dead, hoping it would mostly be DEMS 😠🖕😲
Hey ya, give it to everyone, that’s called a vaccine! LOL
It’s the bond market that is the real fuel here.
The Trump economy was never that great to begin with.
You’re right it’s all a lie….just like everything else he spews out ….
Mastodon1976 Obama economy not goofboy.
Wait till the death toll passes 1,000, then you’ll see Trump panic.
With the added burden on our healthcare system Coronavirus will cause, people are going to start seeing the damage Trump has caused by gutting and hollowing out so many needful healthcare agencies. “The fit is about to hit the shan!”
It would most probably be more than that already thanks to black of testing.
“The fit is about to hit the shan!” 😂🤣🤣🤣🤣🤣💦
$’s are more important to Trump than people and his actions, especially now, make that very clear yet his stupid, stupid supporters are still there.
“Timid men prefer the calm of despotism to the tempestuous sea of Liberty.”
―Thomas Jefferson…If only people could remember the lessons of the past, history wouldn’t have to keep repeating itself.
“If you can get people to believe in absurdities, then you can get them to commit atrocities.”
— Voltaire
“The surest way to corrupt a youth is to instruct him to hold in higher esteem those who think alike than those who think differently.―Friedrich Nietzsche
“Above all, we should bear in mind that our liberty is not an end in itself; it is a means to win respect for human dignity for all classes of our society.” ―Admiral H.G. Rickover, Father of the US Nuclear Navy
“Love is not affectionate feeling, but a steady wish for the loved person’s ultimate good as far as it can be obtained.”
―C.S. Lewis
“Society grows great when old men plant trees whose shade they know they shall never sit in.”
―Anonymous Greek Proverb
“In every deliberation, we must consider the impact on the seventh generation… even if it requires having skin as thick as the bark of a pine.”
―Saying derived from The Great Binding Law -Daniel Duvalle “Totalitarianism in power invariably replaces all first-rate talents, regardless of their sympathies, with those crackpots and fools whose lack of intelligence and creativity is still the best guarantee of their loyalty.” ―Hannah Arendt, The Origins of Totalitarianism
“Find out just what any people will quietly submit to and you have the exact measure of the injustice and wrong which will be imposed on them.”— Frederick Douglass
“A man’s character is most evident by how he treats those who are not in a position either to retaliate or reciprocate.” ―Paul Eldridge
“Above all, we should bear in mind that our liberty is not an end in itself; it is a means to win respect for human dignity for all classes of our society.” ―Admiral H.G. Rickover, Father of the US Nuclear Navy
“When a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government” ― Thomas Jefferson, Declaration of Independence
“Sociopaths have no regard whatsoever for the social contract, but they do know how to use it to their advantage. And all in all, I am sure that if the devil existed, he would want us to feel very sorry for him.”― Martha Stout, The Sociopath Next Door”…In order for nonviolence to work, your opponent must have a conscience…” ―Kwame Ture
Institutions alone are not enough to rein in elected autocrats. Constitutions must be defended, by political parties and organized citizens but also by democratic norms. Without robust norms, constitutional checks and balances do not serve as the bulwarks of democracy we imagine them to be. Institutions become political weapons, wielded forcefully by those who control them against those who do not. This is how elected autocrats subvert democracy – packing and “weaponizing” the courts and other neutral agencies, buying off the media and the private sector (or bullying them into silence) and rewriting the rules of politics to tilt the playing field against opponents. The tragic paradox of the electoral route to authoritarianism is that democracy’s assassins use the very institutions of democracy, gradually, subtly, and even legally, eliminate it.
Trump’s presidency has raised a question that many of us never thought we’d be asking: Is our democracy in danger? Harvard professors Steven Levitsky and Daniel Ziblatt have spent more than twenty years studying the breakdown of democracies in Europe and Latin America, and they believe the answer is yes. Democracy no longer ends with a bang—in a revolution or military coup—but with a whimper: the slow, steady weakening of critical institutions, such as the judiciary and the press, and the gradual erosion of long-standing political norms. The good news is that there are several exit ramps on the road to authoritarianism. The bad news is that, by electing Trump, we have already passed the first one.”How Democracies Die –by Steven Levitsky and Daniel Ziblatt
“The subtle and deadly change of heart that might occur in you, would be involved with the realization that a civilization is not destroyed by wicked people; it is not necessary that people be wicked, but only that they be spineless.” ― James Baldwin, The Fire Next Time
“In a word, I was too cowardly to do what I knew to be right, as I had been too cowardly to avoid doing what I knew to be wrong.” ― Charles Dickens, Great Expectations
In 2007, Trump sued reporter, Tim O’Brien and Warner Books for 5 billion dollars. In 2009, a judge dismissed Trump’s case against O’Brien. Trump appealed, but in 2011 that was denied, too. Trump accused O’Brien of being reckless and dishonest in a book that raised questions about Trump’s net worth. The reporter’s attorneys turned the tables on Trump, and brought Trump in for a deposition. During the deposition on Dec.19 and 20, 2007, Trump was caught lying at least 30 times.
Trump had to acknowledge 30 times during that deposition that he had lied over the years about a wide range of issues: his ownership stake in a large Manhattan real estate development, the cost of a membership to one of his golf clubs, the size of the Trump Organization, his wealth, the rate for his speaking appearances, how many condos he had sold, the debt he owed, and whether he borrowed money from his family to stave off personal bankruptcy.”
Dan112020 I love your post you had so many good ones in there I wish there was a way to save it! Good job! If we don’t remember history we are doomed to repeat it maybe forgot that one LOL
@ANJANYA AYNAJNAScreen shot my post.
(Applause) Bravo!
Didn’t watch, didn’t listen. CUT OFF THE HOGSHEAD AND ERADICATE THE REPUBLICAN PARTY.
This guy on the stock market is a sick guy
Every scientist, engineer and mathematician I know, who tried an economics course, ran away screaming, “they are killing math”. Economists take a hypothesis, and instead proving this lemma, act as if it is true. Science does not engage in such fuzzy logic, certainly not bio-medical science. Anyone, who has taken a public health or epidemiology course, knows there is a finite infrastructure, to deal with disease. Overwhelm it, and many more people will die, than otherwise. Economists should stick to their field of expertise, because when they wander into the world of hard science, they betray how muddled their thinking is.
Trump is literally going to be responsible for American deaths, because he’s telling people with the coronavirus to go to work. This nutcase should be removed via the 25th Amendment.
Ahh, only the USA would want to rid the world of the elderly and those with health problems. America makes Nazi Germany look like a Girl Scout convention. America is a truly sick country.