Markets Tank After Wild Trump Tweets | The Last Word | MSNBC

Ali Velshi recaps a chaotic day in which the Dow dropped 600+ points after Trump accused the Federal Reserve chairman of being an enemy of America and issued an “order” to private American companies on how to run their businesses.
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Markets Tank After Wild Trump Tweets | The Last Word | MSNBC

62 comments

    1. Dang Shame : They must struggle with their Anti-Semitism, only being allowed to hate on people of other color . . . for now? But, now that it’s known that 80% of American Jews vote against Trump (something I never would have guessed at, had it not been for Trump pressing that button, and CNN doing their research) they must be REALLY fulminating? 😁

    1. OCD DDP Watch Robert de Niro play Capone in the movie “the Untouchables” sometime. The similarity with Trump is uncanny.

  1. Trump knows that he will probably go to jail and is getting more desperate by the day. A dangerous situation for all of us

    1. David Braun Hey everyone, look over there! It’s one of Trumps primary tactics that his fanboys like to imitate. Don’t fall for it Dave.

    2. @Konrad Leyk So, in other words, leave after two terms gracefully and quietly spend time with family, making the occasional book or TV deal?

  2. Gary Cohn’s email describes what it was like to work in Trump’s dumpster fire of a white house before he finally had enough, and resigned as Trump’s chief economic advisor in 2018.

    “It’s worse than you can imagine.
    An idi0t surrounded by clowns.
    Trump won’t read anything—not one-page memos, not the brief policy papers; nothing.
    He gets up halfway through meetings with world leaders because he is bored.
    And his staff is no better.
    Kushner is an entitled baby who knows nothing.
    Bannon is an arrogant pr’ck who thinks he’s smarter than he is.
    Trump is less a person than a collection of terrible traits.
    No one will survive the first year but his family.
    I hate the work, but feel I need to stay because I’m the only person there with a clue what he’s doing.
    The reason so few jobs have been filled is that they only accept people who pass ridiculous purity tests, even for midlevel policy-making jobs where the people will never see the light of day.
    I am in a constant state of shock and horror.”

    Gary Cohn lashed out at some of his former colleagues, charging in a radio interview that the U.S. is losing the trade war as administration officials pursue a strategy that hasn’t worked.

    Cohn, who was Trump’s first director of the National Economic Council, specifically pointed his finger at Peter Navarro, who serves as director of the National Trade Council, and Commerce Secretary Wilbur Ross for drawing the country into a misdirected tariff battle.

    “Tariffs don’t work. If anything, they hurt the economy because if you’re a typical American worker, you have a finite amount of income to spend. If you have to spend more on the necessity products that you need to live, you have less to spend on the services that you want to buy.”

    Cohn said he also had several high-profile disagreements with the administration, including one point where he nearly resigned following Trump’s comments on the deadly white supremacist rally in Charlottesville.

    Among the other revelations from his time in the White House, Cohn said a tipping point for him leaving was a meeting Navarro and Ross secretly set up with heads of the steel and aluminum industry to notify them that the administration was planning to levy tariffs on imports of the metals.

    “What happened in the White House is we got to a point, unfortunately, where one or two people decided that they were going to no longer be part of a process and a debate,” he said.
    When asked to confirm if it  was Navarro and Ross who set up the meeting, Cohn said, “Yes. Those are the two people. When the process breaks down, then you’re, sort of, in my mind, living in chaos. I don’t want to live in a chaotic organization.”

    1. Cohn should be making statements weekly, as should Tillerson and Mattis. They are guilty by their silence.

    1. @Tom Krohn There’s strong evidence of the coke abuse and he has a history of involvement, there’s even people on the record, good research will tell the story.

  3. Don’t you just love it… Let’s take a moment to thank those Trumpturd supporters for voting in this menace to the world and insult to humankind 😉

    1. @Jeremy Backup That’s not a fair statement. Many voters that supported him were people that were sick of government and though DC was passing them by so they voted for an outsider. They are basically working class people that felt rejected and thought the business guy outsider (with zero diplomatic and political experience) would get things done. They were so caught up in the “i hate government” mantra, they failed to see what most of us saw.

    2. @Jeremy Backup and they try and convince us homosexuality is not a mental disorder…
      (hint: you got more to worry about than Trump sweetie)

    3. @Dave Dee A total of about 70,000 voters in a handful of rust belt states upended the will of 3 million voters across the nation – because of the Electoral College. “Rejected working class people” be damned – they are still the minority. This is rule by minority, and it thus flies in the face of the intent of the Framers.

  4. I thought #OrangeVonTinyHands was for DEREGULATION.. not a direct oversight by the president .. and of course the GOP is silent again.

  5. Why is everyone sitting on their hands? It is time to remove this President. It is just as if a family member is no longer able to care for themselves. He is a danger to himself and others.

    1. Because Republicans like Moscow Mitch and Lindsey Graham are too busy cowering in their swanky mansions like pathetic cowards while Rome burns around them.

  6. Hey Mr President!! What’s your end game?? End game?? What’s an end game?? Is it made in China?? Wake me when the intervention team gets here!!!

    1. All of Trump and family’s merchandise is made in China, he’s a hypocrite and he hired illegal aliens too! He is a rabid mutt who should be removed from his job, he’s too crazy to be a president!

  7. The chosen One has spoken bow down and grovel at his feet of the great corporate socialist welfare president D Trump all hail the greatest economic leader in the history of the world

    1. Well, a movie actor who co-starred with an ape in “Bedtime for Bonzo” and developed dementia while in office was elected the 40th President of the US. His trickle down economic policies have become a keystone in the Republican Party and contributed greatly to the decline of the American middle class . Celebrity does not require intelligence.

  8. Anyone still not seeing or doubting that this moron is working for Russia need to get their head checked.
    Everything he has done so far is in the Russian playbook on “what to do to undermine the free world” the only on country that is gaining from anything that Trump has done during his years is Putin and Russia.
    Trump has alienated USA from its allies, put a wedge in NATO, separated USA from EU, embraced North Korea, Russia and other totalitarians/ dictators. He divided USA, drawn US economy down and that will sequentially bring the world economy down and create financial problems world wide.
    I mean the list can go on and on…but look at it, who is the only one that gain from this, not North Korea because they are dependent on the world throwing money at them….it is Russia and no one else.

    Trump is a disgrace, human garbage…a traitor, coward, liar, unintelligent, draft dodger, criminal and with a messiahs complex out of this world. He needs to be removed asap!

    1. Andy, let me add to your list. I watched “A Different Bias”, where a Brit commented on Trump’s “Buy Greenland” proposal. The American media treated as a joke, laughing at how stupid Trump was. https://www.youtube.com/watch?v=9rPe0a9YOAg
      Well, apparently Greenland, besides sitting on large gas & oil reserves, is in a strategic location – China, Russia & the USA have been interested in building airports (China) or military bases (USA) there. If China or Russia want to fly a shorter route over the pole, an airport in Greenland would be mighty handy.
      It is beyond coincidence that anytime Trump gets an idea, it dovetails perfectly with Putin’s plans or goals.
      The sad part: Americans laugh; a Brit asks “Why?”

  9. Oh yeah!! It is 25TH AMENDMENT time. If only the repubs had a spine. Maybe the “wizard of oz” will give them one!!!!!!

  10. Politically, Economically, Environmentally we’re heading for a perfect storm and the end of human existence.

    1. Seriously possible, if he were to stay in office for a further term. The current President of the United States is an extremely dangerous sociopath whose flagrant abuse of his enormous power is aided and abetted by an obscenely corrupt GOP, led by equally dangerous Senate leader. This administration’s potential negative effect on the future of life on Earth hardly bears thinking about. Trump supporter: if you have children, get your head out of your rear and give a thought to their future, whilst they still have one.

  11. Trump grew up with the economic model “daddy gives money, I spend money ’cause me bigly rich, daddy gives more money”
    See the problem?!

  12. While Trump is trying to vilify Bernie Sanders for championing socialist programs, Trump is giving bailouts to fix a problem he’s caused and now he’s trying to order private companies to stop buying Chinese goods. That’s socialism. Not the good kind of social programs that help people like Sanders is pushing but like the tyrannical and authoritarian version.

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