RSS Lifestyle – Living

GOVERNMENT SHUTDOWN STARTED: POPCORN RATING, ZERO

21/01/2018

Ho hum. Another meaningless government shutdown started.

A government shutdown starts today. The final tally on a stopgap budget motion at 1:30 AM this morning was 50-49 against. 60 votes were needed to end the debate

Five Republican Senators, Jeff Flake, AZ; Lindsey Graham, SC; Mike Lee, UT; and Rand Paul, KY, joined 44 Democrats voting no. Five Democrats voted in favor of the budget.

Meaningless Political Sideshow

Nothing will come of this even though ABC News proclaims GOP, Dems Show No Sign of Retreat in Shutdown’s First Day.

Right around midnight, Senate Democrats killed a GOP-written House-passed measure that would have kept agencies functioning for four weeks. Democrats were seeking a stop-gap bill of just a few days in hopes that would build pressure on Republicans, and were opposing a three-week alternative offered by GOP leaders.

Democrats have insisted they would back legislation reopening government once there’s a bipartisan agreement to preserve protections against deporting about 700,000 immigrants who arrived in the U.S. illegally as children. Each party believes it had a winning political hand, and the day’s first words by party leaders underscored that so far, neither side believe it was time to give ground.

“The American people cannot begin to understand why the Senate Democratic leader thinks the entire government should be shut down until he gets his way on illegal immigration,” said McConnell

Senate Minority Leader Chuck Schumer, D-N.Y., said voters will fault Trump and the GOP. He blamed Trump for reneging on a near-deal that Schumer said the two men had approached during a White House meeting Friday.

“Negotiating with President Trump is like negotiating with Jello,” Schumer said.

The last shutdown came in 2013. Tea party Republicans, in a strategy not unlike the one Schumer is employing now, sought to use a must-pass budget bill to try to force President Barack Obama to delay implementation of his health care law. At the time, Trump told “Fox & Friends” that the ultimate blame for a shutdown lies at the top. “I really think the pressure is on the president,” he said.

Hypocrites Abound

Recall that in 2013, Republicans said the deficit was too high. The deficit is not too high today even though tax cuts added another $1.5 trillion to the spending problem.

No Impact

The biggest impact in 2013 was a shutdown of the national park system. Imagine taking a vacation to see a park and having the park shut down.

Yesterday, the Trump Administration stated It’ll Run Shutdown Differently, Keep Parks Open.

“We are going to manage the shutdown differently,” White House Budget Director Mick Mulvaney said in a briefing with reporters Friday. “We are not going to weaponize it. We’re not going to try and hurt people.”

The Obama administration took a different approach in 2013, eschewing opportunities to make the shutdown “much less impactful,” and instead opting “to make it worse,” Mulvaney said. Any shutdown under President Donald Trump would “look very different,” he said.

Popcorn Rating Zero

I snapped the popcorn image on my phone moments ago.

Don’t bother popping corn while waiting for fireworks. There won’t be any fireworks. Some agreement will come, likely sooner than later, but long before anything significant happens.

Any bond selloff over this shutdown is unwarranted.


Comments are closed.

 

Listen our radio online in China www.oraia.cn,Europe www.oraiatv.com

“Oraia” Radio,News & Lifestyle,the online home in China & Europe of a original audio content produced by the staff of Oraia,with the latest features, programs, news, audio, podcasts, events, photos.Night Time our Entertainment Program with the Latest Tracks.

Pentagon’s ‘lost’ trillions went to people connected to US military-industrial complex

Former Republican congressman and presidential candidate Ron Paul has said that “the Pentagon’s lost trillions have nothing to do with defense, adding that the “money propping up the high lifestyles of those connected to the military-industrial complex.” Dr. Paul, a three-time American presidential candidate and the founder of the Ron Paul Institute for Peace and Prosperity, made the remarks in an article published by his website on Monday. Deputy US Secretary of Defense Patrick Shanahan has recently acknowledged that the Pentagon has failed its first-ever comprehensive audit, saying, “We failed the audit, but we never expected to pass it.” “It was an audit on a $2.7 trillion dollar organization, so the fact that we did the audit is substantial,” Shanahan claimed. The first-ever audit of the of the $2.7 trillion enterprise that is the Pentagon identified widespread problems in cybersecurity, but found little in the way of savings that could offset potential budget cuts next year, according to officials. Pentagon’s comptroller David Norquist, who has played a key role in the audit, said after the report release that although no glaring instances of fraud were detected in the US military establishment, its Army, Navy, Air Force, Marines, Special Operations and the Transportation Command all received failing grades.

“The Outlook For The Global Economy Has Deteriorated”: Oil, Copper And Lumber

Oil, copper and lumber are all telling us the exact same thing, and it isn’t good news for the global economy. When economic activity is booming, demand for commodities such as oil, copper and lumber goes up and that generally causes prices to rise. But when economic activity is slowing down, demand for such commodities falls and that generally causes prices to decline. In recent weeks, we have witnessed a decline in commodity prices unlike anything that we have witnessed in years, and many are concerned that this is a very clear indication that hard times are ahead for the global economy. Let’s talk about oil first. The price of oil peaked in early October, but since that time it has fallen more than 25 percent, and the IEA is warning of “relatively weak” demand out of Asia and Europe…

Amazon Rolling Out ‘Amazon Pay’ Digital Wallet In Physical Stores

As FAANG stocks lead the market lower during what has become a relentless Q4 selloff, Amazon is hoping to reassure anxious investors that the company's relentless expansion and revenue growth will continue. To wit, the company is taking another big step toward establishing itself as the American WeChat or Alipay as it seeks to become the dominant player in electronic consumer payments in the US and beyond. According to the Wall Street Journal, the e-commerce giant is hoping to undercut Apple's Apple Pay by persuading more brick-and-mortar merchants to accept its Amazon Pay digital wallet. As it tries to build a foothold in payments outside of its Amazon Go stores, the company is reportedly focusing on building partnerships with restaurants and gas stations (businesses that have yet to be scalped by the Bezos revenue-absorption machine). To entice owners to give Amazon Pay a try, the company is dangling what appears to be a pretty enticing carrot: Amazon is promising to lower processing costs at a time when so-called "interchange" fees charged by Visa and MasterCard have been rising.

YouTube Lets California Fire Conspiracy Theories Run Wild

The Camp Fire in California has killed at least 79 people, left 699 people unaccounted for, and created more than a thousand migrants in Butte County, California. In these circumstances, reliable information can literally be a matter of life death. But on YouTube, conspiracy theories are thriving. Currently, when a user starts typing “California fire” into YouTube, the top autocomplete search suggestions are “conspiracy 2018,” “agenda 21,” and “laser beam,” all of which refer to conspiracy theories related to California’s wildfires. Similarly, typing in “California wildfire” leads YouTube to suggest “lasers,” “directed energy weapon,” and “dew,” which is an acronym for “directed energy weapon.” Simply typing “California fire” and searching it does return straightforward news coverage, which is an improvement over, say, the false flag and crisis actor conspiracies YouTube was surfacing about the Marjorie Stoneman Douglas High School mass shooting earlier this year. Believers of this false California wildfire conspiracy theory think that the US government shoots directed energy weapons, or lasers, from a plane in order to to start fires at predetermined targets. The goal of this attack, which is not actually happening, is to support a bastardized interpretation of “Agenda 21,” a sustainable development plan developed by the United Nations in 1992. This conspiracy theory also gained a little bit of traction on Twitter. The conspiracy theorists use doctored or out-of-context images in order to falsely argue that directed energy weapons, or laser beams, caused the wildfires in California—not climate change. By incorrectly claiming that the houses were consciously struck, these theorists ignore ecological science which explains that the arrangement of homes and topography of the land