The Donald Trump Score Card

The market forecasts near the end of 2019 were accurate. Prices have been depressed in early 2020. Supply remained relatively high but demand dropped due to a slowing global economy due in part to Trump's trade wars.

Consumer will likely have extra money to spend temporarily which may alleviate some of the damage Trump caused with his trade wars.


Oil to be stuck in a rut in 2020 as slowing demand fuels glut: Reuters poll
Diptendu Lahiri
November 29, 2019

Oil to be stuck in a rut in 2020 as slowing demand fuels glut: Reuters poll

 

Oil Prices Face Double Whammy In 2020
Simon Constable
Dec 30, 2019, 08:40am EST

How The Trade War Impacts The Oil Industry

excerpt:

"Slower global growth, even with an agreement on de-escalation of the trade war between the U.S. and China, could mean slower oil demand in 2020," the IIF report states.

First, the lower prices will help U.S. consumers in the form of lower fuel costs. The cost of gasoline pump prices and futures prices for crude are inextricably linked over the long term. In other words, sooner or later, the falling oil prices translate into lower pump prices."

 

Trump's trade war contributed to U.S. oil export problems by causing China to no longer purchase from the U.S. and instead rely on oil from Iran, a country that is the object of yet another economic and ideological war Trump has started.

 

How The Trade War Impacts The Oil Industry
Robert Rapier, Senior Contributor
Aug 25, 2019, 08:31pm EST

How The Trade War Impacts The Oil Industry

excerpts:

"However, in addition to the threat of an economic slowdown, a trade war with China impacts the oil markets in two other ways. The oil industry is capital intensive, and some of that capital equipment comes from China. Chinese steel, for example, is considerably cheaper than U.S. steel. If a pipeline company, for example, is forced to buy more expensive steel, it will impact capital budgets and result in fewer projects.

The ongoing trade war with China is impacting many industries. Market volatility is being exacerbated by President Trump's pattern of vacillating between threats and cease-fires on the topic.

At the beginning of August, the markets were sent into a tailspin by President Trump’s threat to impose tariffs on another $300 billion of Chinese imports. The markets were broadly impacted, but the energy sector was hit especially hard. Crude oil prices suffered their largest drop in over four years."


"But a final, and more direct way the oil industry is impacted is that China was becoming an increasingly important market for U.S. oil exports. Last summer U.S. exports to China had reached half a million barrels a day, but because of the trade war China stopped buying U.S. crude. They turned instead to Iran for their crude oil needs."

 

isn't that what all the dims want ? for the Donald to get sick ?

 

Trump's erratic and combative behavior has caused problems during relatively good economic times and would be a disaster during a recession.

He's not known for being a military hawk, but he starts numerous non-military conflicts.

Trade wars

Sanction wars

Media wars

Legal wars

Ideological wars

Culture wars

Immigration wars

Travel wars

 

the Donald uses the ideas to promote America, and make trade fair for everyone

 

Trump's military stunts have incited distrust and conflict, such as selling out northern Syria to Turkey which concerned members of Congress and assassinating Iranian officials in Iraq which touched off hostilities among Iran, Iraq, and the U.S.

People like Lindsey Graham were initially disturbed by Trump's antics in the Mideast but eventually acquiesced.

Republicans with experience in governance who know better initially appear to be willing to put restraints on Trump but later allow him do as he pleases and support him with full loyalty. It's been a consistent pattern.

 

Seriously? A 7 month old article?

Saudis just cut the oil price, big scary worldwide bat virus, but it was the Trade war 7 months ago that effects the oil industry?


Lolzzzzzz

 

Second Impeachment Incoming? Federal Court Orders Release of Mueller’s Secret Grand Jury Materials

A federal court on Tuesday ruled that the Department of Justice (DOJ) must release a tranche of secret grand jury materials sourced from the Russiagate investigation by former special counsel Robert Mueller. Those materials have been long-coveted by Democrats who have said they could lead to a second impeachment of the 45th president.


U.S. Circuit Judge Judith Rogers authored the decision—which was joined by Judge Thomas Griffith. Judge Neomi Rao authored the dissent.


“The courts cannot tell the House how to conduct its impeachment investigation or what lines of inquiry to pursue, or how to prosecute its case before the Senate,” Judge Rogers noted—in reference to the plaintiffs and victors in the ongoing legal spat between House Democrats Attorney General William Barr.


The House Judiciary Committee has argued for several months that the unredacted Mueller materials—spanning nearly 500 pages—should be released to congressional investigators who planned to use those documents in order to potentially make a case for impeaching President Donald Trump.


The legal battle, however, was largely cabined within a picayune discussion of what case law in the D.C. Circuit determined was a “judicial proceeding” under the U.S. Constitution.


DOJ argued for a very limited understanding of that term—claiming that impeachment hearings and trials didn’t qualify and that releasing the materials would irreparably harm the agency’s legal interests. Democrats on the other hand said—and the court ultimately agreed—that precedent held the term sustained a fairly broad definition.


As Law&Crime previously reported, a lower court in the District of Columbia previously reached more or less the same conclusion—with the exact number of pages.


U.S. District Judge Beryl A. Howell savaged the White House and DOJ for their stonewalling efforts last October—calling out White House Counsel Pat Cipollone and mocking Barr’s staff attorneys for failing to understand how precedent actually works.


To wit, DOJ argued that an impeachment proceeding was not a judicial proceeding but failed to account for their prior argument—also made under President Trump—in the prior year that an impeachment proceeding was considered a judicial proceeding under a precedent/definition established by legendary D.C. Circuit Judge Learned Hand in 1958.


Whoops. And whoops redux.


“The constitutional text confirms that a Senate impeachment trial is a judicial proceeding,” Judge Rogers continued. “The term ‘judicial proceeding’ has long and repeatedly been interpreted broadly.”


After determining that impeachment proceedings fit the bill, the three-judge panel easily determined House Democrats were entitled to the documents—staking the decision on the Congress’s great power over all matters related to impeachment.


“Courts must take care not to second-guess the manner in which the House plans to proceed with its impeachment investigation or interfere with the House’s sole power of impeachment,” the decision notes.


“The Committee states that it needs the unredacted material,” Rogers reasoned elsewhere in her ruling before dispatching concerns that Democrats were on a fishing expedition or otherwise acting with nefarious motives. “The district court had no reason to question the Committee’s representation.”

The potential implications of the ruling are substantial. Democrats have long maintained that the Mueller-focused investigation and legal battle was separate and distinct from their failed Ukraine-based impeachment effort—previously argued before the lower court that the contents of Mueller’s secret grand jury materials may very well lead them toward a second round of impeachment hearings.

 

Sounds like you could use some "gratitude education."
A top Chinese official called for 'gratitude education' in order to teach citizens to properly thank the government for fighting the coronavirus

 

Sanders won Michigan in 2016, beating Hillary by about 1%.


Joe Biden wins Michigan, further knocking Bernie Sanders off course
Brittany Shepherd, National Politics Reporter
March 10, 2020, 9:07 PM EDT

Joe Biden wins Michigan, further knocking Bernie Sanders off course

 

Trump to launch 'Catholics for Trump' coalition in Wisconsin next week
By Morgan Chalfant
03/10/20 08:11 PM EDT

Trump to launch 'Catholics for Trump' coalition in Wisconsin next week

 

Separation of church and state...

 

I wonder if its possible to ask the Pope to ex-communicate them ???

 

lololol

 

Trump is proposing bailouts for the airlines and cruise ship companies and reimbursing workers for lost hours due to the virus. He is sounding more socialistic than people like Bernie Sanders.

He has already bailed out the coal miners with $10 billion and the farmers with $28 billion.



Trump's coronavirus stimulus is still evolving. Here's what it should include, experts say
David Lawder
March 11, 2020

Trump's coronavirus stimulus is still evolving. Here's what it should include, experts say

excerpt:

"The president has been pushing for a broad payroll tax cut but others inside the White House want a targeted response that benefits industries and areas hardest hit by the virus, advisers say.

On Tuesday morning, Trump said cruise and airline industries would be getting aid, but did not elaborate. “They’re two great industries, and we’ll be helping them through this patch,” Trump said at a White House event."

 

no, it's what the repugs wanted for Obama.

 

Trump knows more about Catholicism than the Pope.