Saturday, April 29, 2017

LIVE STREAM: Watch Samantha Bee's "Not The White House Correspondents' Dinner," HERE! (FULL SHOW @ 11:00pm)

LIVE STREAM: Watch The 2017 White House Correspondents Dinner HERE! Trump Is Skipping It But You Don't Have To! (FULL EVENT @ 9:15pm)

Hundreds Of Thousands March Across The World In The "People’s Climate March" As Trump Stews In Denial (42 PICTURES)

Today more than 100,000 protesters took to the National Mall Saturday to protest the Trump administration's all too cozy relationship with fossil fuel companies and take action against his climate change denial.

The march took place on a day that, D.C. experienced sweltering heat that tied a record for April 29 which hit 91 degrees!

The stifling heat served as an exclamation point on the demonstration’s message that the planet and humankind doesn't have the luxury of Donald Trump's ignorance and willful stupidity.

In the past Trump has called climate change “bullshit”...

and a hoax "created by and for the Chinese”...

And a "Hoax"...

In addition Trump pledged to pull the U.S. out of the historic Paris climate agreement, said he would cut all federal spending for climate change research, cleaner technologies, aid for communities already threatened by climate impacts and signed an executive order aimed at opening protected areas of the Arctic and Atlantic oceans to oil and gas development.

In a final thumb in the eye of science and reason on Friday, the EPA announced “website updates” that involved the removal of several pages, including those related to climate change saying the changes...

reflect the agency’s new direction under President Donald Trump and Administrator Scott Pruitt.

These examples only prove that the People’s Climate March, which happened to fall on Trump’s 100th day in office was very very necessary.

The march includes a main event in Washington and more than 300 marches across the U.S. and around the world, including Boston and San Fransisco.

Here are some pictures from the march that occurred worldwide...

Even Leonardo DiCaprio got in on the action!

In Trump's First Quarter The US Economy Has It's Weakest Performance In 3 Years.. I Wonder Who's Fault It Will Be?

On Trump's 100th day in office the U.S. economy turned in it's weakest performance of the last three years in the January-March quarter as consumer spending sharply slowed.

The Commerce Department reported that the gross domestic product, the total output of goods and services, grew by just 0.7 percent in the first quarter. This follows a gain of 2.1 percent in the fourth quarter.

The results fall far short of Donald Trump's ambitious growth targets of 5% or 6%.

The slowdown primarily reflected slower consumer spending, which grew at a seasonally adjusted annual rate of 0.3 percent after a growth rate of 3.5 percent in the fourth quarter. It was the poorest quarterly showing in more than seven years.

As this was not the kind of news Trump was looking for to cap his first 100 days in office hence the blame will most likely lay at the feet of President Obama.

Though Donald Trump has taken credit for the last two stellar jobs reports and a third in which he was only in office for 11 days I think he'll take a Mulligan on this economic report.

Wait... Do you hear that... Here it comes... The Obama blame game!

Late Friday Trump's Commerce Secretary Wilbur Ross said that the weak first quarter performance showed the need for the new policies Trump is offering...

"We need the president's tax plan, regulatory relief, trade negotiations and the unleashing of (the) American energy sector to overcome the dismal economy inherited by the Trump administration"

Now that's what I was talking about!

The "tax plan" Ross is talking about is a recently released one page document that outlines Trump's program of tax cuts for individuals and businesses, deregulation and tougher enforcement of trade agreements would double growth or better.

Yep anytime now and boom... 5% or better.

Check back in next month to play: "Whoooooo's taking credit for the economy!"

Friday, April 28, 2017

Imbecile Trump Complains He Thought Being President "Would Be Easier"

Just five months after his victory and two days short of his 100th day in office Donald Trump told Reuters in an interview...

I loved my previous life, I loved my previous life. I had so many things going. I... I actually, this is more work than in my previous life. I thought it would be easier.

Trump, went on to complain that even though he was accustomed to not having privacy in his “old life,” he was surprise at how little he had now considering the 24-hour Secret Service protection and its accompanying constraints...

You’re really into your own little cocoon, because you have such massive protection that you really can’t go anywhere,

Trump also lamented that he has to be chauffeured around in a tricked out limousine or an SUV whining that...

I like to drive. I can’t drive any more.

I weep for you Donald 😢

Thursday, April 27, 2017

Trump's New ONE PAGE Tax Plan Is A Desperate Farce Which Happens To Solely Benefit The Super Wealthy (THE ONE PAGE!)

Donald Trump’s top economic advisers got up in from of a room full of reporters and proceeded to pimp out a "ONE PAGE" tax give-a-way to the richest Americans billed as the biggest tax reform in over 30 years.

Yes, you read that right, ONE PAGE!!!

Saying the one-page statement of “principles” for tax reform they provided to reporters ran short on details would be an overstatement to say the least.

They did insist on three major perks for the wealthy.

First they want a repeal on the 3.8 percent capital gains tax rate on stocks, bonds and real estate investments. It's got to go because it was enacted by President Obama during the implementation of the Affordable Care Act on individuals making at least $200,000 a year. A full 90 percent of this tax break would accrue to households making at least $700,000 a year, which would receive an average tax cut of $25,000 a year, according to the nonpartisan Tax Policy Center.

Second they want the elimination of the inheritance taxes for multi-millionaire heirs and heiresses. This inheritance tax only applies to millionaires who will at least $5.49 million to their heirs ($11 million for couples) to qualify for the tax. Heirs and heiresses pay an average rate of 16.6 percent on these inheritances, according to the Center on Budget and Policy Priorities, generating about $275 billion for the government over 10 years.

Third and finally they want the tax rate on the largest corporations brought down to less than half of what it is now. This cut would disproportionately favor the wealthy, because corporate profits flow to the owners of corporate stocks, who tend to be richer. Households in the top 1 percent receive an average of 36 percent of their income from capital gains (stocks, bonds and other financial investments), according to the Congressional Budget Office, while those in the lowest 20 percent receive an average of about 5 percent of their income this way.

The Trump team also said they want to “simplify” the number of tax brackets from seven -- 10%, 15%, 25%, 28%, 33%, 35% or 39.6%. -- to three -- 15% 20% & 35% -- reducing that top rate of 39.6 percent to 35 percent.

But what the Trump team did not specify was what income levels would apply to the new brackets!!!

The 15 percent corporate tax rate would also apply to so-called “pass-through” corporations which include hedge funds, law firms, or vehicles for wealthy people to collect specialty income like book royalties.

Other perks for the rich include protecting deductions for mortgage interest, delivering larger benefits to people who buy bigger houses, eliminating the Alternative Minimum Tax  and doubling the standard deduction which would exclude more household income from taxation.

The administration did not offer a legislative timeline for its tax agenda saying only that other details of the tax plan will be hashed out in negotiations with Congress.

The Trump’s advisers claimed that economic growth of 3 percent would pay for the trillions of dollars in proposed tax cuts.

It won't.

The theory that lower taxes will spur growth in the economy so that the tax base will grow fast enough to make up for the shortfall from lowering tax rates is an idea that's been around since the Reagan administration cut taxes in 1981 but there is little to no evidence that future growth makes up for the revenues lost when tax rates go down.

And yet again we have another false promise by the con-man in chief to try to legitimize the horrible failure that is his first 100 days.

Here, for your viewing pleasure, is the ONE PAGE...

Click the image for a larger view