President Donald Trump's Final Days...

[diamelsx]

Originally Posted by CBS News

Wall Street’s main indexes hit their lowest levels in six weeks on Monday after Republicans pulled a healthcare bill, raising questions about President Donald Trump’s ability to deliver on his ambitious economic agenda.

With the decline, the Dow Jones Industrial Average is on track to record its longest losing streak in six years, according to The Wall Street Journal.

The bill, which was set to overhaul the Affordable Care Act, or Obamacare, was Mr. Trump’s first major legislative move. The failure is raising questions about the administration’s ability to push forward his pro-growth agenda, which includes tax reform and a boost in infrastructure spending, analysts said. The GOP bill was pulled on Friday when it was clear the GOP didn’t have enough votes to pass it.

source

[Devius]

President Donald Trump has signed an executive order rolling back Obama-era rules aimed at curbing climate change.

The Energy Independence Executive Order suspends more than half a dozen measures enacted by the president's predecessor, and boosts fossil fuels.

Among the initiatives now rescinded is the Clean Power Plan, which required states to slash carbon emissions.

Business groups have praised the Trump administration's move but environmental campaigners have condemned it.

Before he signed the order, the president said this would put an end to the "war on coal" and "job-killing regulations".

During the campaign, he vowed to pull the US out of the Paris climate deal agreed in December 2015.

Details:
http://www.bbc.co.uk/news/world-us-canada-39415631

[scoundrel]

Reneging on signed treaty agreements is a grave and potentially very damaging step. It amounts to breach of prromise. If Mr Trump can walk away from the Paris climate change accord just on his own say so, then any president can do this and treaties signed by the USA wont be worth shit.

It’s sad that governments are chiefed by the double tongues. There is iron in your words of death for all Comanche to see, and so there is iron in your words of life. No signed paper can hold the iron. It must come from men. ~ Ten Bears The Outlaw Josie Wales.

https://www.youtube.com/watch?v=q9EBYw5VN2E

[ConstantOgler]

Originally Posted by scoundrel

Reneging on signed treaty agreements is a grave and potentially very damaging step. It amounts to breach of prromise. If Mr Trump can walk away from the Paris climate change accord just on his own say so, then any president can do this and treaties signed by the USA wont be worth shit.

Sorry guys, the Paris Accord is not that kind of Treaty. It was openly sold as a non-binding "accord", making it more marketable, bypassing legislatures. I don't know about UK or others, but it was very clear in US Obama avoided Constitutional requirement of Senate vote on any "Treaty". He was criticized for violating his oath by doing this & only real answer must be "this is not a binding Treaty." You can't have it both ways, even if you despise Trump.

This also means nobody has the right to claim "breach" from a change of government, nor did they have a right to expect otherwise.

There is the problem that anything Trump says is a fart in the wind, but at least everyone knows it, so America will not be deceiving anybody.

[martynz]

Trump claims that killing Obama’s climate legacy will bring back coal jobs. It’s a ruse.
https://www.washingtonpost.com/blogs...bs-its-a-ruse/
As Coral Davenport of the New York Times reports Tuesday, although there have been losses in coal mining jobs over the past decade, these were occurring well before Obama enacted his climate change policy in 2015. These job losses, she reports, resulted not from government regulations but from increases in the use of natural gas and other energy alternatives, as well as automation in the coal industry. Thus, one energy economist tells Davenport, even if Trump’s rollback of the Obama policy does result in increased coal production, it may not result in more jobs for out-of-work miners — because these jobs have been mechanized.

[diamelsx]

Comedian DL Hughley talking about Trump's past and current failures and why he does not see any improvement in the future.

[scoundrel]

Like all commodities, coal is traded on world markets. Can America produce and sell at a lower price per ton than China? China is the lead producer, with over 40% of the world total. The USA is second biggest, at around 10% of world production. Britain generates about 0.1% of world coal production. Mr Trumps's anti-environment attitude is a perverted form of Keynsian demand management, seeking to increase coal usage; but for America to stay in the coal business she needs to dig the stuff out more cheaply. Otherwise all the extra coal being used will be from other nations. This suggests to me that the outlook for employment in coal mining in the USA is not very good.

[HugoHackenbush]

[Arturo2nd]

Originally Posted by scoundrel

Reneging on signed treaty agreements is a grave and potentially very damaging step. It amounts to breach of prromise. If Mr Trump can walk away from the Paris climate change accord just on his own say so, then any president can do this and treaties signed by the USA wont be worth shit.


https://www.youtube.com/watch?v=q9EBYw5VN2E

"They made us many promises, more than I can remember, but they never kept but one; they promised to take our land, and they took it." - Chief Red Cloud

[tsunamiSD]

Donald Trump is extremely bad at making deals

The answer can be found in Trump Steaks. And Trump University. And Trump Vodka. And Trump Suits. And Trump’s fragrance line, his board game, his ghostwritten books, his energy drink, his eyeglasses, and his chocolate bars.
Yes, these are all real Trump products. And they expose the reality of Trump’s dealmaking. Trump is not a guy who makes particularly good deals so much as a guy who makes a lot of deals — many of which lash his name and reputation to garbage products.

He licenses his brand and lets others worry about the details of the products. Trump’s partners often end up going out of business and his customers often end up disappointed, but Trump makes some money, and he gets his name out there, and it’s all good. But being president of the United States isn’t like being a downmarket consumer brand. The products you put your name on matter. And the deal isn’t done once you’ve appeared at the ribbon-cutting and hyped up the project.

But Trump has never specialized in those kinds of deals. He’s specialized in deals that made his life easier and his name bigger, and the particular way he specialized in those deals was by caring much, much less about the consumer experience than his nearest competitors. The health care bill is a case in point. It’s a bad product, and Trump himself grew bored of it, and the work that was required to improve and pass it, quickly.