Trump Tweets Wildly Misleading Comparison of the National Debt in His First Month to Obama’s

On Saturday morning, President Donald Trump took to Twitter to point out a fact he thought the media was underreporting: the decrease in the national debt in his first month.

“The media has not reported that the National Debt in my first month went down by $12 billion vs a $200 billion increase in Obama first mo[nth],” tweeted Trump.

The tweet, which echoes something Herman Cain said on Fox News’ Fox & Friends an hour before, doesn’t make sense for a few reasons.

First, it is true that the debt has probably ticked down but as noted by the Atlantic’s David Frum, this is mostly due to the federal government rebalancing its intra-governmental holdings. Debt outstanding to the public has barely budged since Inauguration Day.

Additionally, the federal government is still operating under the budget passed before Trump came into office, so even if the overall debt decreased, his administration had little to do with it.

Finally, and most importantly, the economic circumstances during his and Obama’s first month in office are vastly different and make the comparison totally off base.

When Obama took office in January 2009, the country was in the midst of the worst financial crisis since the Great Depression. The US economy lost 702,000 jobs in February 2009 and 832,000 in March 2009, GDP growth collapsed, and foreclosures soared.

In response to this crisis, Obama did what presidents typically do during recessions: took on debt to stimulate the economy.

President Obama’s first 100 days in the White House:

In the depths of a recession, private investment collapses. So, generally accepted economic theory concludes that the government should induce investment and step in during these times of crisis to prop up the stumbling private sector.

Thus, both Obama and his predecessor George W. Bush signed into law bills to inject large amounts of capital into the economy to both save the financial sector and get people back to work.

For instance, Bush passed the Toxic Asset Relief Program in October 2008 which used just over $426 billion in federal funds to “bail out” the country’s largest banks. Obama signed the American Recovery and Reinvestment Act in February 2009 which allocated $831 billion in federal funds to finance investment projects such as infrastructure.

By contrast, Trump has inherited — as he even noted — a country with a vastly improved economic standing.

The labor market has improved drastically, with unemployment at just 4.8% and the number of people claiming unemployment benefits nearing the lowest point in 40 years. In fact, during Obama’s term the US added over 11 million private sector jobs.

Donald Trump’s first 100 days in office:

Things outside of the labor market are pretty solid as well. Corporate profits have recently dipped below all-time highs and the stock market has soared more than 225% from its bottom in March 2009, and the housing market is growing again.

While it’s not all perfect — business investment is lagging, wages still haven’t hit pre-crisis levels, and economic gains have not been equally distributed throughout the country — there is no doubt that Trump inherits a better economic starting position than Obama did in 2009 with no reason to spend massive amounts of federal money to assist the economy.

Trump even noted these differences in a follow-up tweet.

“Great optimism for future of US business, AND JOBS, with the DOW having an 11th straight record close,” tweeted Trump. “Big tax & regulation cuts coming!”

While some of the increase in the confidence indexes have come after the election, much of the economic good news was around before Trump took office.

(h/t AOL)

Trump Claims Global Jewish Bankers are Conspiring Against Him

Trump delivered a vindictive and paranoid speech Thursday in West Palm Beach, Florida where he attacked his sexual assault accusers, his rival Hillary Clinton, and the media who he feels are all coordinating to smear his good name in this election, despite his own previous racist, sexist, and violent speech.

But lost in this speech was a line delivered by Trump that, unless you are member of the white supremacist alt-right movement or studied and are familiar with whackjob conspiracy theories, you wouldn’t have realized that he was also referencing a centuries old debunked conspiracy theory still widely used in anti-Semitic circles, that claims a vast global Jewish conspiracy for world domination.

Trump said:

It’s a global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth, and put that money into the pockets of a handful of large corporations and political entities…
We’ve seen this firsthand in the WikiLeaks documents in which Hillary Clinton meets in secret with international banks to plot the destruction of US sovereignty in order to enrich these global financial powers, her special interest friends, and her donors…
This is a struggle for the survival of our nation. Believe me. And this will be our last chance to save it on November 8. Remember that.
This election will determine whether we’re a free nation, or whether we have only an illusion democracy but in are in fact controlled by a small handful of special global interests rigging the system, and our system is rigged.

At this point you may snicker and scoff at the idea of a candidate for the President of the United States from a major political party was echoing anti-Semetic conspiracy theories,  but Trump’s statement was not lost on the Jewish press, the Anti-Defamation League, and his alt-right and other white supremacist supports who are all very keenly aware of his meaning.

This article will explain to you, in very clear language, the story behind Trump’s barely coded words that directly echo one of the most ancient of all anti-Semitic libels.

The Conspiracy Theories

Make no mistake, these are all unsubstantiated ideas and any person who makes any of these claims does so without any evidence and are rooted in a history of hate and ignorance. In this racist perspective, Jews are typically painted as controllers of capital and money, “clannish,” and as having an agenda beyond what is visible. These stereotypes constitute a large part of these conspiracy theories.

The first conspiracy we’ll review is the accusation that Jews have long been controlling the global financial system. This loony conspiracy theory goes back centuries, even before the founding of Christianity, and recently has been attached to the Rothschild family, who during the 1800’s amassed the largest private fortune in modern world history.

Usually, the main accusation made by theorists is that the Rothschilds are playing both sides of every conflict, ever. The Napoleonic Wars, the Franco-Prussian War, World War I, World War II, etc. Theorists claim that all sides of each war were merely puppets of the Rothschilds, who would make exorbitant amounts of cash from repeatedly prodding nations into a cycle of endless warfare. People actually still believe this today. Remember when former actor Mel Gibson once said during a 2006 DUI that “The Jews are responsible for all the wars in the world“? This is the same conspiracy theory he was referencing.

Jews have also long been accused of controlling the Hollywood and the media. For examples see any comedian in the past 100 years make fun of this.

Another place we see an example of this conspiracy theory is in English literature which depicts Jewish characters as “a monied, cruel, lecherous, avaricious outsider tolerated only because of his golden hoard.” Think Shylock in Shakespeare’s “The Merchant of Venice” or the hooked-nose Judas in “The Passion of the Christ.”

Modern anti-Semitic conspiracy theories depicting an elaborate secret hierarchy of controlling Jewish influences, such as the idea that “the Jews” command the U.S. Federal Reserve System and in effect control the world’s money, largely take their cue from The Protocols of the Learned Elders of Zion, a 1903 tract purporting to be the manual of a Jewish secret society planning world domination. It is still widely circulated and occasionally cited as “evidence” by various clueless anti-Semites despite being exposed as a fraud as early as 1921.

The Conspiracy Pushers

Donald Trump has surrounded himself with people who are true believers in these archaic and long debunked views, and at times quoted them directly in speeches and interviews.

The most famous example would be nutcase right-wing conspiracy theory pusher Alex Jones, an ally of Trump who he once called “amazing” and someone who Trump regularly quotes, who runs the crackpot Infowars.com site and disputes the idea the The Protocols is a fraud while pushing a New World Order fiction that makes Glenn Beck appear comparatively sane.

According to Jones just about every current event can be tied into the New World Order’s nefarious schemes. In short, he’s making money off of really gullible people who will believe anything, no matter the complete lack of evidence.

Jones frequently invokes “globalists” as the villains behind the various conspiracy theories he discusses on his radio show and included in almost every article and documentary on his Infowars.com website has a reference to the Rothschild conspiracy theory, that there is secretive Jewish family controlling all word events for their personal monetary gain. Some examples of these articles include:

There is also the alt-right white supremacist site Breitbart.com, whose Editor in Chief Steve Bannon is currently working as the CEO of the Trump campaign. BuzzFeed reported that Trump’s speech was co-written by Stephen Bannon. Breitbart.com has long had an anti-Semetic history since Bannon took charge, writing articles like:

Reality

These racist sources that push crazy conspiracies are where Trump is getting his information from, he is personally intertwined with its players, he repeatedly quotes it, and it is wildly insane and completely soaked in racism.

You and I may have not picked up on this racist “dog whistle” at first, but now we know more about the story behind when Donald Trump makes a statement like, “Hillary Clinton meets in secret with international banks to plot the destruction of US sovereignty in order to enrich these global financial powers,” does his anti-Jewish message seem more clear?

Media

Remarks at 5:15 mark.

Trump Tells California ‘There Is No Drought’

Donald Trump told California voters Friday that he can solve their water crisis, declaring, “There is no drought.”

California is, in fact, in midst of a drought. Last year capped the state’s driest four-year period in its history, with record low rainfall and snow.

Speaking at a rally in Fresno, Calif., Trump accused state officials of denying water to Central Valley farmers so they can send it out to sea “to protect a certain kind of three-inch fish.”

(h/t SF Gate)

Source

Donald Trump’s California drought conspiracy theory comes straight from lunatic Alex Jones’ InfoWars in an article 3 days prior titled, “Environmentalists Caused California Drought to Protect This Fish.

The theory that California’s water shortage is all the fault of the Environmental Protection Agency is, like most conspiracy theories, grounded in an actual fact. The EPA has, in fact, caused 800,000 acre-feet of water annually to be flushed into San Francisco Bay to maintain its marine ecosystem. The program, however, dates to the early 1990s, and California’s water system, all told, manages over 40 million acre-feet a year. The practice that Trump describes so darkly involves 2 percent of that—and an economically vital 2 percent at that. California fisheries produce jobs in the hundreds of thousands. But not in Fresno.

Reality

California is now in its fifth year of drought, which has taken a heavy toll on agriculture in particular. Despite an El Niño event that saw an increase last year in snowpacks that supply about one-third of California’s water, 86 percent of the state is still considered to be in drought.

Trump appeared to be referring to disputes over water that runs from the Sacramento River to the San Francisco Bay and then to the ocean. Some farmers want more of that flow captured and diverted to them.

Politically influential rural water districts and well-off corporate farmers in and around California’s Central Valley have been pushing back against longstanding federal laws protecting endangered fish and other species, saying federal efforts to make sure endangered native fish have enough water is short-changing farmers of the water they want and need for crops.

Water authorities say they can’t do it because of the water rights of those upstream of the farmers, and because of the minimum-water allowances needed by endangered species in the bay and by wildlife in general.

The three-inch Delta smelt is a native California fish on the brink of extinction. The smelt has become an emblem in the state’s battles over environmental laws and water distribution.

The farm lobby, a heavyweight player in California’s water wars, also is seeking federal and state approval for billions of dollars in new water tunnels, dams and other projects.

Trump promised that, if he’s elected, he would put their interests first. “If I win, believe me, we’re going to start opening up the water so that you can have your farmers survive,” he said.

California is the country’s No. 1 agriculture producer. The state’s drought is raising the stakes in water disputes among farmers, cities and towns, and environmental interests.

Media

Trump Warns of Another 9/11-like Attack from Syrian Refugees

"The Green Line" podcast.

Donald Trump again warned of another 9/11-like attack on the United States if refugees are continually allowed into the country.

In an interview on the National Border Patrol Council podcast “The Green Line” the presumptive Republican nominee said:

Our country has enough difficulty right now without letting the Syrians pour in.

Trump also suggested ISIS is paying for refugees’ cell phone plans.

They all have cell phones so they don’t have money, they don’t have anything, they have cell phones. Who pays their monthly charges, right? They have cell phones with the flags, the ISIS flags on them.

When asked if he thought it would take an attack similar to 9/11 for the country to “wake up about border security,” Trump agreed.

Bad things will happen; a lot of bad things will happen. There will be attacks that you wouldn’t believe. There will be attacks by the people that are right now coming in to our country.

Trump also spoke about Hillary Clinton’s agenda for immigration reform and his own plans for border control, including his proposal to build a wall at the Southern border. The National Border Control agents’ union made its first-ever endorsement of a presidential candidate when it backed Trump in March.

(h/t CNN, Vox)

Reality

The reference to Syrian refugees with ISIS phones appears to be from an article first reported by the Norwegian newspaper The Netavisen, where a few of the refugees had cell phone images with horrors of war, as well as images of flags, symbols and characters that can be linked to the terrorist group ISIS and other terrorist groups. The article was then floated on the conspiracy site Infowars and the British tabloid the Daily Mail that “hundreds” of refugees in Norway were found with photos of ISIS flags on their phones. And finally we have Donald Trump claiming “thousands.” Just like a game of whisper down the alley the reality is it was not “thousands of people” like Trump claimed.

Conveniently omitted from Donald Trump’s claim was the statements from the Norwegian officials in charge of investigating these incidents who say the images are most likely documentation of ISIS’s presence and what the individuals have witnessed, rather than a statement of support. Also the refugees had images of ISIS flags which they could use when passing through ISIS controlled areas as to avoid suspicion.

Trump had proposed a “total and complete shutdown of Muslims entering the United States,” in a December press release, but just this week flip-flopped and said the ban was “only a suggestion.”

Media

[spreaker type=standard width=100% autoplay=false episode_id=8510508]

 

1 2