With all signs pointing to a historic drop in the stock market should he win election, Republican presidential nominee Donald Trump has begun calling the crash the “Obama Crash,” which he says is due to the country’s anemic growth under the Democratic president.
“This crash, when it happens, will be the fault of Hillary Clinton’s president, because he never got the economy growing when he was in the White House,” Trump said today at a rally in Altoona, Pa. “The guy was a community organizer. He couldn’t get the economy growing after he crashed the economy eight years ago. We shouldn’t be surprised, folks. We saw this coming.”
Some Wall Street analysts expect the New York Stock Exchange to drop by more than 300 points should Trump get elected. They base that on the 200-point drop after the news last week that Democratic nominee Hillary Clinton was facing new questions about her email use by the FBI.
“That drop was a vote of no-confidence in a Trump presidency,” says Mark Davis, managing director of equity investment at Bear Stearns.
Analysts say a stock market crash under a President Trump is likely to be just the start of economic trouble for the United States. Other upheavals are expected, including the loss of the dollar as the world’s reserve currency, which will lead to a rapid escalation of interest rates and a depletion of foreign investment, creating enormous liquidity problems for American businesses. Analysts say the dollar will be under threat from the first day of his presidency because of his willingness to let the United States default on its debt obligations.
Foreign investors are also expected to be spooked by Trump’s willingness to weaken the rule of law. Among other things, Trump has called the U.S election system rigged, the judiciary biased, libel laws in need of reform, and international treaties a disaster.
“What we have here is a perfect storm that Trump’s election will trigger and that will lead to the country’s greatest loss of wealth since the Great Depression,” says Barry Meyers, an analyst with Investment Analytics in New York City. “Depending on how he reacts, we could see that wealth loss exacerbated by the time he gives his inauguration speech in January. It’s going to be ugly.”
But Trump is already making clear he won’t be blamed for Wall Street’s reaction to his election. “It’s already happening, folks,” Trump said at his rally. “Today starts the Obama Crash, so when I get into office, it’s going to be my job to clean up his disastrous time in the White House. Obama’s term as Hillary Clinton’s president was a disaster from day one and it will be a disaster on his last day of office. I’m going to fix the crash caused by Hillary Clinton’s president. Wish I didn’t have to. But I do. Sad. Things are so bad I have to start blaming Obama now. It’s only a week before election day.”
This is a work of satire. It is fictional news article not meant to be taken seriously. Photos (some modified): pd, tnn (Creative Commons). Not necessarily an endorsed use of images.
Alex Jones, the far-right conspirator who has used his show, Infowars, to stoke mistrust in Democratic presidential nominee Hillary Clinton, said on his radio show this morning there’s probably nothing of interest in the the emails found on devices belonging to Clinton aide Huma Abedin and her estranged husband, disgraced former congressman Anthony Weiner. “It would be nice to sit here and say these emails will finally explode the presidential campaign of crooked Hillary Clinton, but they probably don’t amount to anything,” said Jones, an influential voice in the so-called “Alt-Right” fringe movement. “I think a lot of the emails are duplicates of what the FBI has already looked at in its investigation of whether Clinton criminally mishandled classified emails while she was secretary of state. More.
FBI Director James Comey said he’s shocked Republicans are using his vague and cryptic letter to lawmakers about Democratic presidential nominee Hillary Clinton’s emails to fuel their theories of a massive criminal coverup. “I just can’t believe people are seizing on my mysterious, innuendo-laden letter to rile up Republicans who are disposed to mistrust Hillary Clinton,” Comey said in a statement today. “It never occurred to me that I would give fodder to conspiracy theories about Hillary Clinton by saying I was reopening the investigation of her even though I don’t know what’s in the emails we discovered.” Comey, a Republican appointed by President Obama in 2013 in a show of bipartisanship, said he’s “a little shaken up” that Clinton critics are “making a big deal about this” and using it to reinforce their belief Clinton “is a criminal who is trying to become president” by rigging the election. More.
A classifed CIA memo says the marriage between former New York congressman Anthony Weiner and Hillary Clinton aide Huma Abedin is a front to enable Abedin to spy at the highest levels of the United States government. “The family of Huma Abedin has long-time ties to the Muslim Brotherhood and Huma herself has deep ties to the organization, which the United States State Department recognizes as a terrorist organization,” says the memo, a copy of which was provided to The Guardian of London. The memo claims the marriage between Abedin and Weiner was arranged to give Abedin access to both Congress and the White House. “As the wife of a congressman, Abedin was put in touch with lawmakers at Capitol Hill social functions, both formal and informal, and enabled her to acquire intelligence through talks with lawmakers and their spouses,” the memo says. More.
U.S. President Barack Obama said today in an interview with the foreign press that it’s been a tough seven years and he still has one more to go, but he takes comfort knowing it will soon be over and and he can go back to Kenya. “That’s what keeps me going,” he said. The first black president of the United States said adjusting to life in America has not been easy, even though he’s lived here most of his life. But he thinks he did a good job as president and would like to run for the presidency of Kenya in a few years, if the people of his native country will have him. “Winning election in Kenya is not quite as straight-forward as it is here,” he said. “Here, you give a few speeches and, if people like your style, you become well-known and then you just compete in primaries and caucuses held by the states. More.
WASHINGTON—The Republican National Committee is sending shockwaves through the United States by releasing clearly undoctored photos of President Barack Obama romping with young, scantily clad women in the Oval Office. “It is with a heavy heart that we release these genuine and authentic photos depicting our president acting in a way that can only be described as unpresidential,” RNC Chairman Reince Priebus said at a hastily called press conference today. More.
SACRAMENTO, Calif.—Republican presidential nominee Donald Trump said today he believes the moon landing in 1969 was real but “many people” believe the whole thing was orchestrated by the federal government to impress the world and scare the Soviets. “I’m not saying I believe that, but many people have questions about it,” Trump said at a campaign appearance here. “There are people who know about these things who say they saw the interior of a warehouse in Los Angeles converted to look like the surface of the moon, complete with fine dust and craters and the whole thing. Lot of tinfoil lying around. More.
In a sensational claim, the supermarket tabloid Weekly National Report says a 50-year-old woman in Fayetteville, Ark., Dannielle Eggles, is the daughter of presumptive Republican presidential nominee Donald Trump and she’s demanding a “White House bedroom” for her and her husband if he is elected president. “This is the hardest thing I’ve ever done, but I feel I must come forward because it’s time for my daddy to stop pretending I don’t exist,” Eggles said at a press conference in Fayetteville yesterday. Eggles, a clerk at Target, said she had resigned herself to living in the shadow of her famous father and her glamorous half brothers and sisters, but six months ago she and her husband, Ron Eggles, decided she could no longer do that. “We just thought it wasnt fair that Ivanka, Tiffany, Eric, Donald, Jr., and Barron all get to live the high life while we have to scrape our fingers to the bone just because daddy pretends I don’t exist.” More.
The closely watched combover of Donald Trump has been sending sexually suggestive tweets and photos to several of its Twitter followers, federal investigators allege. If true, that could imperil the Republican presidential nomination frontrunner’s candidacy, analysts say. Jerome Casing, chief of social media security at the FBI’s Criminal, Cyber, Response, and Services Branch, says his team has been tracking the combover since April, when it received a tip from one of the hair’s followers that it has been embedding unwanted photos in innuendo-laden tweets. “All I can say is, we’re talking to the combover of Mr. Trump at this time about matters concerning communications on the Internet,” says Casing. “Beyond that we have no comment.” More.
Unverified news reports say Republican presidential nominee Donald Trump has been endorsed by the American Association of Conspiracy Theorists (AACT). If true, Trump would be the first presidential candidate to receive the group’s endorsement since Richard Nixon was reportedly endorsed by the group in 1968. “We need a president who won’t be caught sleeping when dark forces around the world align to do harm to the United States,” says a statement attributed to the group, which is said to have been created in 1960, the year the American U2 spy plane was shot down by the Soviet Union during a deep penetration overflight. “I have reason to believe the group is endorsing Trump and I have reason to believe that’s a good thing,” says Alex Jones, host of The Alex Jones Show on Genesis Communications Network and operator of InfoWars, PrisonPlanet, and other websites popular with Americans concerned about the growing number of plots against the United States. More.
The Democratic National Committee has been hacked. Colin Powell has been hacked. The NSA has been hacked. The American Olympic Committee has been hacked. So many opportunities. So many directions. When you can get into any email you want, whose email do you get into next? That’s the question Russia’s state-supported hackers have been asking themselves and now they want to get your input. In a first for Russia’s hackers, they’ve put out a call on their Facebook page to get ideas from you on whose lives they should turn upside down next. “Tom Brady? Beyonce? Barbra Streisand? It’s just so hard to know,” said the group, which calls itself Анонимный, or “anonymous” in Russian. “It’s impossible to keep up with who’s trending. “Drake is big. But you already know what his emails are going to say. There has to be a surprise factor.” More.
NASA today released a stunning image of the famous “Martian face” rock formation in which the “mouth” appears to be turned upward, as if smiling. The image was taken about 12 hours after a previous image of the mouth-like crevice is shown expressing no particular emotion in a way that’s similar to thousands of previous pictures of the formation that have been taken. “It’s really a remarkable image sequence,” says Kristin Rogers, NASA chief of geological imaging. “We are starting with the assumption that the change in appearance is simply a change in the angle of light on the surface features. But we’re not prepared to say that with certainty, because it’s a shift we haven’t seen before.” More.
Republican presidential nominee Donald Trump used a major foreign policy address at Georgetown University in Washington today to lay out his vision of hostile forces around the world aligning to attack the United States under President Obama and removing it from its perch atop the world order. “There’s something going on, people, and it’s happening to us right now while our president, Barack Hussein Obama, looks the other way and talks about registering our guns—disarming us,” he said to a subdued audience in the school’s ornate auditorium. “Hillary Clinton is taking it a step further and getting guns banned from the Constitution.” Trump said the United States, after decades of setting the rules for the world, finds itself embattled from all sides. He cited China building a “military-style air base” in the South China Sea, Russia “flying circles around NATO planes in Scandinavia,” and Iran “completely dominating Israel” while Obama “winks and nods and wastes resources in the fiasco that’s Libya.” More.
Republican presidential nominee says it’s just like the “PC police” to give him a hard time for calling for the assassination of his Democratic rival, Hillary Clinton, to prevent her from picking the country’s next Supreme Court judges. “Wouldn’t you know I would be criticized for suggesting a Second Amendment solution to a Crooked hillary victory,” Trump said at a campaign stop in Lexington, Va. “You can’t say anything today without running afoul of the PC police.” Trump sparked a round of condemnation yesterday by alluding to what gun owners could do if Clinton wins. “If she gets to pick her judges, nothing you can do, folks,” Trump said at a rally in Wilmington, N.C. “Although the Second Amendment people—maybe there is. I don’t know.” More.
Finding time to talk with election riggers who’ve been hired to tip the scales of the 2016 presidential election to Democratic nominee Hillary Clinton hasn’t been easy, especially with the election less than three months away. But Justin Powers, Kermin Jackson, and Ali Siddiqi—the Demcrats’ crack team of election riggers—made time to talk about how the big plans are going. The Nattering Nabobs: You were hired three months ago by the Democratic National Committee to make sure Hillary Clinton wins the election. Is everything falling into place?Ali Siddiqi: Well, point of clarification. We were hired more than a year ago, but we were formally introduced to the media three months ago. TNN: Okay, thanks for the clarification.Justin Powers: I think it takes a little longer than a few months to rig an election! More.
Analysts say pro-Russia remarks appear to be sprinkled into the presidential nomination acceptance speech that Hillary Clinton gave on the last night of the Democratic National Convention in Philadelphia, and they wonder if the remarks were added at the last minute by Russian hackers who’ve infiltrated the servers of the DNC. “The speech was more pro-Russia than we expected, and that makes you wonder what the Russians have done now that we know they’ve hacked the DNC servers,” says Jon Brighton, cyber security branch chief at the National Security Agency. One line that might have been added, Brighton says, comes about halfway through Clinton’s speech, when she’s talking about the bonds of trust that appear to be fraying in the United States. “America is once again at a moment of reckoning,” she says. “Powerful forces are threatening to pull us apart. Bonds of trust and respect are fraying. Luckily, we maintain strong bonds of trust with Russia and our good friend Vladimir Putin.” More.
President Barack Obama lashed out at presumptive Republican presidential nominee Donald Trump yesterday after a group of white American men showed up at a political rally in Dallas toting guns and intimating they will resort to violence if anyone tries to restrict gun ownership in the wake of another mass shooting. “You can’t solve a problem if you refuse to name it, and Donald Trump disgracefully refuses to say the words ‘radical Americanism’ when we once again have a group of armed white men seeking to intimidate other Americans through their use of guns,” the president said at a news conference at the White House. “Look, the Republican party is led by a man that either is not tough, not smart or he’s got something else in mind. He doesn’t get it or he gets it better than anybody understands—it’s one or the other and either one is unacceptable.” More.
SACRAMENTO—Presumptive Democratic presidential nominee Hillary Clinton said at a campaign rally here today she doesn’t believe Donald Trump is a homosexual but she hears “more and more” rumors that he is and she agrees his actions “can lead one” to believe that. “In some ways, I would respect him more if it turns out he secretly is a gay man trying to lead a straight life, because it would explain his struggles with the truth and perhaps his insecurity,” said Clinton, who is campaigning in California this week to prevent a last-minute primary win by her rival for the Democratic nomination, Vermont senator Bernie Sanders. Clinton said it’s time for discrimination against people for sexual orientation to stop, and Trump—should the rumors prove true—should use his position to help bring about equality in the United States. “Again, if Donald Trump is gay—and I’m not saying he is—then good for him. He should embrace it, celebrate it.” More.
Republican presidential nominee Donald Trump says he can’t promise to accept the outcome of the election ahead of time because doing so will weaken his negotiating hand should he come up short on November 8. “Any good businessman will tell you not to give away your strongest hand if you want to win a negotiation,”Trump said at a rally today in Altoona, Pa. “My strongest hand is the threat of violence and mayhem from my supporters should I not win at the polls. It’s very important I keep that ace up my sleeve, because without it, there’s nothing to negotiate.” Trump said anything can be negotiated, even elections. “The will of the people sounds high and mighty, but you can’t put together a deal if you say upfront you’ll abide by whatever voters want,” he said. “Think about it. If you say you’ll accept the election outcome, then what’s left to negotiate if you come up short? Nothing. That’s why I have to keep the country in suspense. Without the threat of violence and mayhem from my supporters I’ve got nothing to use as leverage after the votes are counted.” More.
Republican presidential nominee Donald Trump lashed out at cheats who don’t pay their taxes because they’re robbing the United States of the means to repair its crumbling infrastructure. “Our airports, they’re like third-world airports,” he said at at a rally in Altoona, Pa., this morning. “You go to Dubai, you go to China, and they have these sparkling new airports. They’re beautiful. Then you go to Newark and you’re like in a third-world country. But we can’t fix anything because no one pays their taxes. You have tax dodgers using the loopholes. We’ve got to run our country like a business. People need to pay their taxes because we have to pay for our military. We have to fix our airports. How can we do any of these things if we don’t have any money?” Trump said people who hire teams of lawyers and accountants to dig up loopholes are not good Americans.”You’ve got these rich guys paying thousands of dollars to avoid paying taxes, so who ends up paying the taxes? The little guy. More.
Republican presidential nominee Donald Trump acknowledged he plans to govern as a dictator but he wanted to reassure voters that he would make decisions in the interests of the country. “When I curb the press, it wont be to hurt America, it will be to make America stronger,” he said. “If I let the press criticize everything I do—and they will, because they’re totally dishonest—I can’t get anything done. I want to get things done, so I have to curb the press. But we’ll still have some free press. We’ll keep the good ones. It won’t be entirely gone.” Trump promised to take a firmer hand on how cases get settled in the courts. “Right now our courts are a disaster,” he said. “We have cases backlogged. Why do we use juries as much as we do? Especially if the person is guilty. Let’s get these guilty criminals directly into jail and save he courts for when we really need them.” More.
The U.S. economy grew by a meager 1.1 percent last quarter and economists are laying the blame on Republican presidential nominee Donald Trump, whose statements, they say, are driving people to the Internet almost on an hourly basis to read news stories or watch video about him to the detriment of their jobs. “The work of our country is simply not getting done,” says Albert Strauss, associate director of quantitative analysis for the Reichman Institute of Economics at the University of Pennsylvania. “Emails are not getting sent, reports are not getting written, mathematical equations are not getting solved while people read about the rift between Trump and the GOP leadership or watch a video about Trump insulting a mother.” More.
Republican nominee Donald Trump asked voters to elect him to the presidency because he wants to oversee a country whose institutions, traditions, and principles he holds in utter contempt. “Our legislative branch is a bunch of losers,” he said. “Our Judiciary puts Mexicans on the bench. Our public servants are incompetents who couldn’t get work in the private sector. I want to lead this country whose institutions I despise, so vote for me.” Trump said he has no respect for a free press. “No where in the Bill of Rights does it say we have a free press,” he said.”Read it. It’s not there. I can guarantee you it’s not there. If you think it’s there, you’re stupid.” More.