Jason Smith Just focus on the issues and keep hitting on the corruption of Hillary Clinton and you likely will be our next president. Don't worry about bums like Khan; let your supporters take him apart.
[h=6]- AUGUST 07, 2016 -[/h][h=1]MEDIA BIAS OFFENDER: 8/7/2016[/h]JOURNALISTS CHEER AND APPLAUD CLINTON AT JOURNALISM CONFERENCE
On Friday, Hillary Clinton made an appearance at the NABJ/NAHJ conference to give a speech in front of thousands of journalists from all over the country. Strangely, the journalists in attendance applauded Clinton throughout her speech and as she answered questions.
From the start as Clinton was introduced, she was immediately cheered and greeted with unwavering approval by journalists in the crowd. When Clinton launched an unfounded attack on Mr. Trump, the crowd applauded, as they did when Clinton began talking about her approval ratings while Secretary of State. After her speech, Clinton held a “press conference” and took questions from journalists who just earlier had been fawning over her.
It seems like the applauding journalists in attendance need a refresher course in impartiality. Favoring one candidate over another further erodes the public’s trust of what should be an unbiased media.
Kudos to Time’s Lissandra Villa for writing up a review of the criticisms of these applause lines, and you can click here to watch a lively recap of all the times NABJ/NAHJ journalists applauded Hillary Clinton on Friday, as assembled by the Washington Examiner’s Beckett Adams:
On Friday, Hillary Clinton made an appearance at the NABJ/NAHJ conference to give a speech in front of thousands of journalists from all over the country. Strangely, the journalists in attendance applauded Clinton throughout her speech and as she answered questions.
From the start as Clinton was introduced, she was immediately cheered and greeted with unwavering approval by journalists in the crowd. When Clinton launched an unfounded attack on Mr. Trump, the crowd applauded, as they did when Clinton began talking about her approval ratings while Secretary of State. After her speech, Clinton held a “press conference” and took questions from journalists who just earlier had been fawning over her.
It seems like the applauding journalists in attendance need a refresher course in impartiality. Favoring one candidate over another further erodes the public’s trust of what should be an unbiased media.
Kudos to Time’s Lissandra Villa for writing up a review of the criticisms of these applause lines, and you can click here to watch a lively recap of all the times NABJ/NAHJ journalists applauded Hillary Clinton on Friday, as assembled by the Washington Examiner’s Beckett Adams:
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[h=6]- AUGUST 08, 2016 -[/h][h=1]TRUMP IS RIGHT AGAIN ON NATO[/h]Daily Caller
Former Georgia Senator Mack Mattingly, wrote the piece below, published in the Daily Caller, "Trump is Right Again on NATO"
"In 1998, fifteen former colleagues and I — eight Republican and eight Democrat former U.S. Senators — co-authored a letter to the Senate, that was intended to dissuade what appeared at the time to be a post Cold War zeal to expand the NATO alliance, even as we were building new relationships with Russia. Along with the others who signed, I knew the subject well after serving from 1987-1990 as Assistant Secretary General for Defense Support at NATO.
To put that letter in perspective, both then and now, it should be noted that when the Cold War ended, the mission of NATO – a 16 nation alliance formed at the end of WWII specifically to provide collective security against the Soviet Union (Warsaw Pact) — was both successful and complete. NATO was no longer justified under its original mandate.
The proper path would have been to create a new treaty outlining a new purpose for the alliance, not just to keep the club together. The EU, including its U.S. Ambassador, was already present in Europe, and some in the EU also had a military alliance created by the Treaty of Rome. Multiple layers of government doing the same tasks is nothing more than bureaucracy.
....
When Mr. Trump suggested earlier that he thought he “could get along well with Vladimir Putin,” many in the establishment media and even a number of our fellow Republicans took issue with the statement — as if it is an imperative that any presumptive president should reflexively denounce the Russian president, even when he could very well end up as a necessary partner in regional conflicts. As an email scandal has erupted at the opening of the Democratic National Convention, the official Democrat response has been to place the blame directly on Moscow.
Mr. Trump’s notably more diplomatic response reminded me of one of the 1998 letter’s more prescient lines: “we seem to take rather cavalierly the opportunity at long last to build a friendship with Russia.” There was a brief window after 1991 when the former Soviet Union opened up to the West. William Perry, who was President Clinton’s Defense Secretary from 1994 to 1997, recently recounted this opening during a speech in London: “In the last few years, most of the blame can be pointed at the actions that Putin has taken. But in the early years I have to say that the United States deserves much of the blame. Our first action that really set us off in a bad direction was when Nato started to expand, bringing in eastern European nations, some of them bordering Russia.”
...
When my former colleagues and I came together to write that bipartisan letter back in 1998, we could see that NATO had the potential to become less of a bulwark than a tripwire if it continued its trajectory of ill-advised expansion. Our question was, “How can we admit some and exclude others without creating instability and tensions?” If the goal was stability in Europe, how, we asked, “can there be stability if Russia is destabilized by expansion?”
Today, I find that the reluctance to question the role of NATO in its current form is far more dangerous and short-sighted than a pragmatic proposal to reevaluate its efficacy in light of changing conditions. In his autobiographical “Waging Peace, 1956-1961: The White House Years,” President Eisenhower, noting his own concerns, expressed to JFK during his transition that, “America is carrying far more than her share of free world defense.” Mr. Trump’s suggestions that NATO’s members share its costs more equitably and that its doctrine be adjusted to focus more on terrorism, where the U.S. and Russia’s threat horizons converge, seems more realistic and wise in the light of history."
Former Georgia Senator Mack Mattingly, wrote the piece below, published in the Daily Caller, "Trump is Right Again on NATO"
"In 1998, fifteen former colleagues and I — eight Republican and eight Democrat former U.S. Senators — co-authored a letter to the Senate, that was intended to dissuade what appeared at the time to be a post Cold War zeal to expand the NATO alliance, even as we were building new relationships with Russia. Along with the others who signed, I knew the subject well after serving from 1987-1990 as Assistant Secretary General for Defense Support at NATO.
To put that letter in perspective, both then and now, it should be noted that when the Cold War ended, the mission of NATO – a 16 nation alliance formed at the end of WWII specifically to provide collective security against the Soviet Union (Warsaw Pact) — was both successful and complete. NATO was no longer justified under its original mandate.
The proper path would have been to create a new treaty outlining a new purpose for the alliance, not just to keep the club together. The EU, including its U.S. Ambassador, was already present in Europe, and some in the EU also had a military alliance created by the Treaty of Rome. Multiple layers of government doing the same tasks is nothing more than bureaucracy.
....
When Mr. Trump suggested earlier that he thought he “could get along well with Vladimir Putin,” many in the establishment media and even a number of our fellow Republicans took issue with the statement — as if it is an imperative that any presumptive president should reflexively denounce the Russian president, even when he could very well end up as a necessary partner in regional conflicts. As an email scandal has erupted at the opening of the Democratic National Convention, the official Democrat response has been to place the blame directly on Moscow.
Mr. Trump’s notably more diplomatic response reminded me of one of the 1998 letter’s more prescient lines: “we seem to take rather cavalierly the opportunity at long last to build a friendship with Russia.” There was a brief window after 1991 when the former Soviet Union opened up to the West. William Perry, who was President Clinton’s Defense Secretary from 1994 to 1997, recently recounted this opening during a speech in London: “In the last few years, most of the blame can be pointed at the actions that Putin has taken. But in the early years I have to say that the United States deserves much of the blame. Our first action that really set us off in a bad direction was when Nato started to expand, bringing in eastern European nations, some of them bordering Russia.”
...
When my former colleagues and I came together to write that bipartisan letter back in 1998, we could see that NATO had the potential to become less of a bulwark than a tripwire if it continued its trajectory of ill-advised expansion. Our question was, “How can we admit some and exclude others without creating instability and tensions?” If the goal was stability in Europe, how, we asked, “can there be stability if Russia is destabilized by expansion?”
Today, I find that the reluctance to question the role of NATO in its current form is far more dangerous and short-sighted than a pragmatic proposal to reevaluate its efficacy in light of changing conditions. In his autobiographical “Waging Peace, 1956-1961: The White House Years,” President Eisenhower, noting his own concerns, expressed to JFK during his transition that, “America is carrying far more than her share of free world defense.” Mr. Trump’s suggestions that NATO’s members share its costs more equitably and that its doctrine be adjusted to focus more on terrorism, where the U.S. and Russia’s threat horizons converge, seems more realistic and wise in the light of history."
ointer:
[h=6]- AUGUST 08, 2016 -[/h][h=1]DONALD J. TRUMP STATEMENT ON POLITICALLY MOTIVATED LETTER[/h]“The names on this letter are the ones the American people should look to for answers on why the world is a mess, and we thank them for coming forward so everyone in the country knows who deserves the blame for making the world such a dangerous place. They are nothing more than the failed Washington elite looking to hold onto their power, and it’s time they are held accountable for their actions.
These insiders – along with Hillary Clinton – are the owners of the disastrous decisions to invade Iraq, allow Americans to die in Benghazi, and they are the ones who allowed the rise of ISIS. Yet despite these failures, they think they are entitled to use their favor trading to land taxpayer-funded government contracts and speaking fees. It’s time we put our foot down and declare that their gravy train is over: no longer will Crooked Hillary Clinton and the other disasters in Washington get rich at our expense.
Instead, I offer a better vision for our country and our foreign policy – one that is not run by a ruling family dynasty. It's an America first vision that stands up to foreign dictators instead of taking money from them, seeks peace over war, rebuilds our military, and makes other countries pay their fair share for their protection. Together, we will break up the rigged system in Washington, make America safe again, and we will Make America Great Again.”
These insiders – along with Hillary Clinton – are the owners of the disastrous decisions to invade Iraq, allow Americans to die in Benghazi, and they are the ones who allowed the rise of ISIS. Yet despite these failures, they think they are entitled to use their favor trading to land taxpayer-funded government contracts and speaking fees. It’s time we put our foot down and declare that their gravy train is over: no longer will Crooked Hillary Clinton and the other disasters in Washington get rich at our expense.
Instead, I offer a better vision for our country and our foreign policy – one that is not run by a ruling family dynasty. It's an America first vision that stands up to foreign dictators instead of taking money from them, seeks peace over war, rebuilds our military, and makes other countries pay their fair share for their protection. Together, we will break up the rigged system in Washington, make America safe again, and we will Make America Great Again.”
- AUGUST 08, 2016 -
CLINTON’S FAVORITE ECONOMIST CAUSED THE GREAT RECESSION
Hillary Clinton Is Using One Of The Architects Of The 2008 Financial Collapse As A Surrogate To Push Back On Donald Trump’s Pro-Growth Economic Plan
Mark Zandi’s Employer, Moody’s, Was Faulted For The “Disastrous” Results Of Its Rating Practices, Leading To The Financial Crisis:
Zandi Is The Chief Economist At Moody’s Analytics. “Mark M. Zandi is chief economist of Moody’s Analytics, where he directs economic research. Moody’s Analytics, a subsidiary of Moody’s Corp., is a leading provider of economic research, data and analytical tools. Dr. Zandi is a cofounder of the company Economy.com, which Moody’s purchased in 2005.” (“Mark Zandi,” Moody’s Analytics, Accessed 8/8/16)
The Financial Crisis Inquiry Commission Cited The “Disastrous” Results Of Moody’s Rating Practices For Mortgage-Related Securities, Saying The Firm Rated 45,000 Mortgage-Related Securities As Triple-A In The Run-Up To The Financial Crisis. “In our report, you will read about the breakdowns at Moody’s, examined by the Commission as a case study. From 2000 to 2007, Moody’s rated nearly 45,000 mortgage-related securities as triple-A. This compares with six private-sector companies in the United States that carried this coveted rating in early 2010. In 2006 alone, Moody’s put its triple-A stamp of approval on 30 mortgage-related securities every working day. The results were disastrous: 83% of the mortgage securities rated triple-A that year ultimately were downgraded.” (“Final Report Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States,” The Financial Crisis Inquiry Commission, 1/11)
Moody’s Process For Rating Complex Mortgage-Backed Securities “Involved Many Conflicts,” And The Firm “Did Not Sufficiently Account For The Deterioration In Underwriting Standards.” “To examine the rating process, the Commission focused on Moody’s Investors Service, the largest and oldest of the three rating agencies. The rating of structured finance products such as mortgage-backed securities made up close to half of Moody’s rating revenues in 2005, 2006, and 2007. From 2000 to 2007 revenues from rating such financial instruments increased more than fourfold. But the rating process involved many conflicts, which would come into focus during the crisis. To do its work, Moody’s rated mortgage-backed securities using models based, in part, on periods of relatively strong credit performance. Moody’s did not sufficiently account for the deterioration in underwriting standards or a dramatic decline in home prices. And Moody’s did not even develop a model specifically to take into account the layered risks of subprime securities until late 2006 after it had already rated nearly 19,000 subprime securities.” (“Final Report Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States,”The Financial Crisis Inquiry Commission, 1/11)
“The Consequences” Of Moody’s Giving Triple-A Ratings To Mortgage-Backed Securities That Were Later Downgraded To Junk Status “Would Reverberate Throughout The Financial System.” “Of all mortgage-backed securities it had rated triple-A in 2006, Moody’s downgraded 73% to junk. The consequences would reverberate throughout the financial system.” (“Final Report Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States,” The Financial Crisis Inquiry Commission, 1/11)
Moody’s Issued “Erroneous Ratings On Mortgage-Related Securities” And “Failed To Perform Meaningful Due Diligence” In The Run-Up To The Financial Crisis. “Moody’s, the Commission’s case study in this area, relied on flawed and outdated models to issue erroneous ratings on mortgage-related securities, failed to perform meaningful due diligence on the assets underlying the securities, and continued to rely on those models even after it became obvious that the models were wrong.” (“Final Report Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States,” The Financial Crisis Inquiry Commission, 1/11)
Zandi Is A “Registered” Democrat And Clinton Donor:
Zandi Is A Self-Professed “Registered Democrat.” “Zandi is not exactly a convert to the cause. ‘I'm a registered Democrat,’ he acknowledged.” (Shailagh Murray, “Moody’s Economist Has Become A Go-To Guy On Stimulus Plan,” The Washington Post, 2/3/09)
June 2016: “Zandi Confirmed To Politifact That He Is A Registered Democrat.” (Lauren Carroll, ,”Clinton, Trump Both Say Moody’s Economist Is On The Other Team,” PolitiFact, 6/24/16)
Mark Zandi Has Given $2,700 To Clinton’s 2016 Campaign.(Center For Responsive Politics, Accessed 8/8/16)
Hillary Clinton Is The Top Recipient Of Donations Of Any Candidate From Employees Of Moody’s Corporation For 2016. (Center For Responsive Politics, Accessed 8/8/16)
70% Of Campaign Contributions From Employees Of Moody’s Corporation Have Gone To Democrat Candidates During Presidential Cycles Since 1998.(Center For Responsive Politics, Accessed 8/8/16)
The Daily Caller Headline: “Democrat’s Favorite ‘Conservative Republican Economist Is Neither Republican Nor Conservative” (Will Rahn, “Democrat’s Favorite ‘Conservative Republican Economist Is Neither Republican Nor Conservative,” The Daily Caller, 9/9/11)
Zandi Was An Unabashed Backer Of Obama’s Stimulus Spending And Greater Government Spending In General:
During Obama’s First Term, Zandi Was A Fervent Advocate For Obama’s Government Spending And Stimulus, Making The “Case That Stimulus Spending, And Lots Of It, Is The Path To Economic Salvation.” “Zandi's delivery style is simple and reassuring, and he has a knack for delivering troubling information in a non-threatening way. His numbers make a clear case that stimulus spending, and lots of it, is the path to economic salvation. ‘This may be where my Democratic leanings come out,’ Zandi said. ‘Government needs to be extraordinarily aggressive at this point in time, because there's a huge hole in the economy. The only player in the economy with resources is government.’" (Shailagh Murray, “Moody’s Economist Has Become A Go-To Guy On Stimulus Plan,” The Washington Post, 2/3/09)
In 2013, Zandi Was Strongly Considered By The Obama White House To Be Nominated As The New Director Of The Federal Housing Finance Agency To Oversee Fannie Mae And Freddie Mac. “President Barack Obama is preparing to name a new regulator to oversee mortgage financiers Fannie Mae and Freddie Mac, and economist Mark Zandi is a leading choice among the candidates, according to people familiar with the process. Although the White House's decision has not been made final, the vetting process is well underway to find a permanent director for the Federal Housing Finance Agency. Zandi would consider the post if offered to him by Obama, according to one source, who requested anonymity in order to discuss personnel matters.” (Margaret Chadbourn, “Obama Considering Economist Zandi To Head Housing Regulator,” Reuters, 4/18/13)
Clinton’s “Favorite Billionaire” Warren Buffet’s Company Owns A 13 Percent Stake In Moody’s:
Warren Buffett’s Company Is Berkshire Hathaway. “The Federal Reserve is reportedly looking into whether Warren Buffett’s Berkshire Hathaway violated rules regarding how much a bank can extend in credit to insiders.” (Lucinda Shen, “The Federal Reserve Is Reportedly Investigating Warren Buffet’s Berkshire Hathaway,” Fortune, 8/4/16)
Berkshire Hathaway Has A 12.69 Percent Stock Holding In Moody’s Corporation Worth $2,579,225,290. (CNBC’s Berkshire Hathaway Portfolio Tracker, Accessed 8/8/16)
Clinton Has Called Buffett Her “Favorite Billionaire.” CLINTON: “Right before Christmas, I was over in Omaha with Warren Buffett, who endorsed me, one of the things I like about him, he’s my favorite billionaire, because he says tax me more!” (Hillary Clinton, Town Hall Event, Sioux City, IA, 1/5/16)
Buffett Is A Vocal Clinton Supporter And Has Hit The Campaign Trail With Her In 2016.“Just in the past week, Dallas Mavericks owner Mark Cuban made a surprise appearance with Clinton in Pittsburgh, Michael Bloomberg slammed Donald Trump at the Democratic convention in Philadelphia last week and on Monday night, investing guru Warren Buffett, the ‘Oracle of Omaha,’ touted Clinton at a campaign stop in his Nebraska hometown. Buffett, introducing Clinton at a rally at an Omaha high school, goaded Trump to release his tax returns and mocked his explanations for why he couldn’t release them before the election.” (Daniel Lippman, “Billionaires For Hillary,” Politico, 8/1/16)
Just Last Week, Buffett’s Attended A Fundraiser Hosted By His Daughter With Hillary Clinton Which Raised More Than $1.5 Million Dollars For The Candidate. “After Clinton’s rally at North High School, her motorcade traveled with a police escort to Buffett’s Fairacres home, where approximately 15 supporters paid $100,000 or more to attend the two-hour dinner-time gathering. Buffett’s father, Warren, was among those seen arriving just before Clinton appeared. The campaign did not offer a list of attendees. Susie Buffett is a committed and frequent contributor to the Democratic National Committee. The money raised — upward of $1.5 million — went to the Hillary Victory Fund, a joint fundraising committee involving Clinton’s campaign, the DNC and state parties across the country that will coordinate nationwide Democratic get-out-the-vote efforts.” (Henry Cortes, “Susie Buffett’s Private Event Raises More Than $1.5 Million For Clinton,” Omaha World-Herald, 8/2/16)
Clinton Has Defended Fannie Mae And Freddie Mac, And Has In Turn Received Thousands Of Dollars In Contributions From The Firms:
Between 1989 And 2008, Hillary Clinton Received At Least $75,550 In Political Contributions From Employees And PACs Of Fannie Mae And Freddie Mac. (Lindsay Renick Mayer, “Fannie Mae And Freddie Mac Invest In Democrats,” Center For Responsive Politics, 7/16/08)
Freddie Mac Has Donated Between $50,001 And $100,000 To The Clinton Foundation.(“Contributor And Grantor Information,” The Clinton Foundation, Accessed 8/8/16)
In 2008, Clinton Voted For The Foreclosure And Prevention Act Of 2008 (The Fannie Mae And Freddie Mac Bailout). (H.R. 3221, Roll Call Vote #186: Agreed To 72-13, 7/26/08, Clinton Voted Yea)
While Clinton Was In The Senate In 2006, Senate Democrats Opposed A Bill To Reform And Rein In Fannie Mae And Freddie Mac. “Worried that Fannie Mae and Freddie Mac had grown too independent and bullish under Mr. Clinton’s watch, a Republican-controlled Congress under Mr. Bush tried to rein in the entities. Yet Democrats including Mrs. Clinton — who were receiving huge campaign donations from Fannie Mae and Freddie Mac — filibustered reform. By 2006, a bill to reform Fannie Mae and Freddie Mac had passed through the full House of Representatives and out of committee in the Senate, along party-line votes (all Republicans voting for it, all Democrats against).” (Kelly Riddell, “Fannie, Freddie Loom As Liabilities For Clinton Amid Fears Of Another Bailout,” The Washington Times, 7/20/15)
CLINTON’S FAVORITE ECONOMIST CAUSED THE GREAT RECESSION
Hillary Clinton Is Using One Of The Architects Of The 2008 Financial Collapse As A Surrogate To Push Back On Donald Trump’s Pro-Growth Economic Plan
Mark Zandi’s Employer, Moody’s, Was Faulted For The “Disastrous” Results Of Its Rating Practices, Leading To The Financial Crisis:
Zandi Is The Chief Economist At Moody’s Analytics. “Mark M. Zandi is chief economist of Moody’s Analytics, where he directs economic research. Moody’s Analytics, a subsidiary of Moody’s Corp., is a leading provider of economic research, data and analytical tools. Dr. Zandi is a cofounder of the company Economy.com, which Moody’s purchased in 2005.” (“Mark Zandi,” Moody’s Analytics, Accessed 8/8/16)
The Financial Crisis Inquiry Commission Cited The “Disastrous” Results Of Moody’s Rating Practices For Mortgage-Related Securities, Saying The Firm Rated 45,000 Mortgage-Related Securities As Triple-A In The Run-Up To The Financial Crisis. “In our report, you will read about the breakdowns at Moody’s, examined by the Commission as a case study. From 2000 to 2007, Moody’s rated nearly 45,000 mortgage-related securities as triple-A. This compares with six private-sector companies in the United States that carried this coveted rating in early 2010. In 2006 alone, Moody’s put its triple-A stamp of approval on 30 mortgage-related securities every working day. The results were disastrous: 83% of the mortgage securities rated triple-A that year ultimately were downgraded.” (“Final Report Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States,” The Financial Crisis Inquiry Commission, 1/11)
Moody’s Process For Rating Complex Mortgage-Backed Securities “Involved Many Conflicts,” And The Firm “Did Not Sufficiently Account For The Deterioration In Underwriting Standards.” “To examine the rating process, the Commission focused on Moody’s Investors Service, the largest and oldest of the three rating agencies. The rating of structured finance products such as mortgage-backed securities made up close to half of Moody’s rating revenues in 2005, 2006, and 2007. From 2000 to 2007 revenues from rating such financial instruments increased more than fourfold. But the rating process involved many conflicts, which would come into focus during the crisis. To do its work, Moody’s rated mortgage-backed securities using models based, in part, on periods of relatively strong credit performance. Moody’s did not sufficiently account for the deterioration in underwriting standards or a dramatic decline in home prices. And Moody’s did not even develop a model specifically to take into account the layered risks of subprime securities until late 2006 after it had already rated nearly 19,000 subprime securities.” (“Final Report Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States,”The Financial Crisis Inquiry Commission, 1/11)
“The Consequences” Of Moody’s Giving Triple-A Ratings To Mortgage-Backed Securities That Were Later Downgraded To Junk Status “Would Reverberate Throughout The Financial System.” “Of all mortgage-backed securities it had rated triple-A in 2006, Moody’s downgraded 73% to junk. The consequences would reverberate throughout the financial system.” (“Final Report Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States,” The Financial Crisis Inquiry Commission, 1/11)
Moody’s Issued “Erroneous Ratings On Mortgage-Related Securities” And “Failed To Perform Meaningful Due Diligence” In The Run-Up To The Financial Crisis. “Moody’s, the Commission’s case study in this area, relied on flawed and outdated models to issue erroneous ratings on mortgage-related securities, failed to perform meaningful due diligence on the assets underlying the securities, and continued to rely on those models even after it became obvious that the models were wrong.” (“Final Report Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States,” The Financial Crisis Inquiry Commission, 1/11)
Zandi Is A “Registered” Democrat And Clinton Donor:
Zandi Is A Self-Professed “Registered Democrat.” “Zandi is not exactly a convert to the cause. ‘I'm a registered Democrat,’ he acknowledged.” (Shailagh Murray, “Moody’s Economist Has Become A Go-To Guy On Stimulus Plan,” The Washington Post, 2/3/09)
June 2016: “Zandi Confirmed To Politifact That He Is A Registered Democrat.” (Lauren Carroll, ,”Clinton, Trump Both Say Moody’s Economist Is On The Other Team,” PolitiFact, 6/24/16)
Mark Zandi Has Given $2,700 To Clinton’s 2016 Campaign.(Center For Responsive Politics, Accessed 8/8/16)
Hillary Clinton Is The Top Recipient Of Donations Of Any Candidate From Employees Of Moody’s Corporation For 2016. (Center For Responsive Politics, Accessed 8/8/16)
70% Of Campaign Contributions From Employees Of Moody’s Corporation Have Gone To Democrat Candidates During Presidential Cycles Since 1998.(Center For Responsive Politics, Accessed 8/8/16)
The Daily Caller Headline: “Democrat’s Favorite ‘Conservative Republican Economist Is Neither Republican Nor Conservative” (Will Rahn, “Democrat’s Favorite ‘Conservative Republican Economist Is Neither Republican Nor Conservative,” The Daily Caller, 9/9/11)
Zandi Was An Unabashed Backer Of Obama’s Stimulus Spending And Greater Government Spending In General:
During Obama’s First Term, Zandi Was A Fervent Advocate For Obama’s Government Spending And Stimulus, Making The “Case That Stimulus Spending, And Lots Of It, Is The Path To Economic Salvation.” “Zandi's delivery style is simple and reassuring, and he has a knack for delivering troubling information in a non-threatening way. His numbers make a clear case that stimulus spending, and lots of it, is the path to economic salvation. ‘This may be where my Democratic leanings come out,’ Zandi said. ‘Government needs to be extraordinarily aggressive at this point in time, because there's a huge hole in the economy. The only player in the economy with resources is government.’" (Shailagh Murray, “Moody’s Economist Has Become A Go-To Guy On Stimulus Plan,” The Washington Post, 2/3/09)
In 2013, Zandi Was Strongly Considered By The Obama White House To Be Nominated As The New Director Of The Federal Housing Finance Agency To Oversee Fannie Mae And Freddie Mac. “President Barack Obama is preparing to name a new regulator to oversee mortgage financiers Fannie Mae and Freddie Mac, and economist Mark Zandi is a leading choice among the candidates, according to people familiar with the process. Although the White House's decision has not been made final, the vetting process is well underway to find a permanent director for the Federal Housing Finance Agency. Zandi would consider the post if offered to him by Obama, according to one source, who requested anonymity in order to discuss personnel matters.” (Margaret Chadbourn, “Obama Considering Economist Zandi To Head Housing Regulator,” Reuters, 4/18/13)
Clinton’s “Favorite Billionaire” Warren Buffet’s Company Owns A 13 Percent Stake In Moody’s:
Warren Buffett’s Company Is Berkshire Hathaway. “The Federal Reserve is reportedly looking into whether Warren Buffett’s Berkshire Hathaway violated rules regarding how much a bank can extend in credit to insiders.” (Lucinda Shen, “The Federal Reserve Is Reportedly Investigating Warren Buffet’s Berkshire Hathaway,” Fortune, 8/4/16)
Berkshire Hathaway Has A 12.69 Percent Stock Holding In Moody’s Corporation Worth $2,579,225,290. (CNBC’s Berkshire Hathaway Portfolio Tracker, Accessed 8/8/16)
Clinton Has Called Buffett Her “Favorite Billionaire.” CLINTON: “Right before Christmas, I was over in Omaha with Warren Buffett, who endorsed me, one of the things I like about him, he’s my favorite billionaire, because he says tax me more!” (Hillary Clinton, Town Hall Event, Sioux City, IA, 1/5/16)
Buffett Is A Vocal Clinton Supporter And Has Hit The Campaign Trail With Her In 2016.“Just in the past week, Dallas Mavericks owner Mark Cuban made a surprise appearance with Clinton in Pittsburgh, Michael Bloomberg slammed Donald Trump at the Democratic convention in Philadelphia last week and on Monday night, investing guru Warren Buffett, the ‘Oracle of Omaha,’ touted Clinton at a campaign stop in his Nebraska hometown. Buffett, introducing Clinton at a rally at an Omaha high school, goaded Trump to release his tax returns and mocked his explanations for why he couldn’t release them before the election.” (Daniel Lippman, “Billionaires For Hillary,” Politico, 8/1/16)
Just Last Week, Buffett’s Attended A Fundraiser Hosted By His Daughter With Hillary Clinton Which Raised More Than $1.5 Million Dollars For The Candidate. “After Clinton’s rally at North High School, her motorcade traveled with a police escort to Buffett’s Fairacres home, where approximately 15 supporters paid $100,000 or more to attend the two-hour dinner-time gathering. Buffett’s father, Warren, was among those seen arriving just before Clinton appeared. The campaign did not offer a list of attendees. Susie Buffett is a committed and frequent contributor to the Democratic National Committee. The money raised — upward of $1.5 million — went to the Hillary Victory Fund, a joint fundraising committee involving Clinton’s campaign, the DNC and state parties across the country that will coordinate nationwide Democratic get-out-the-vote efforts.” (Henry Cortes, “Susie Buffett’s Private Event Raises More Than $1.5 Million For Clinton,” Omaha World-Herald, 8/2/16)
Clinton Has Defended Fannie Mae And Freddie Mac, And Has In Turn Received Thousands Of Dollars In Contributions From The Firms:
Between 1989 And 2008, Hillary Clinton Received At Least $75,550 In Political Contributions From Employees And PACs Of Fannie Mae And Freddie Mac. (Lindsay Renick Mayer, “Fannie Mae And Freddie Mac Invest In Democrats,” Center For Responsive Politics, 7/16/08)
Freddie Mac Has Donated Between $50,001 And $100,000 To The Clinton Foundation.(“Contributor And Grantor Information,” The Clinton Foundation, Accessed 8/8/16)
In 2008, Clinton Voted For The Foreclosure And Prevention Act Of 2008 (The Fannie Mae And Freddie Mac Bailout). (H.R. 3221, Roll Call Vote #186: Agreed To 72-13, 7/26/08, Clinton Voted Yea)
While Clinton Was In The Senate In 2006, Senate Democrats Opposed A Bill To Reform And Rein In Fannie Mae And Freddie Mac. “Worried that Fannie Mae and Freddie Mac had grown too independent and bullish under Mr. Clinton’s watch, a Republican-controlled Congress under Mr. Bush tried to rein in the entities. Yet Democrats including Mrs. Clinton — who were receiving huge campaign donations from Fannie Mae and Freddie Mac — filibustered reform. By 2006, a bill to reform Fannie Mae and Freddie Mac had passed through the full House of Representatives and out of committee in the Senate, along party-line votes (all Republicans voting for it, all Democrats against).” (Kelly Riddell, “Fannie, Freddie Loom As Liabilities For Clinton Amid Fears Of Another Bailout,” The Washington Times, 7/20/15)
[h=6]- AUGUST 08, 2016 -[/h][h=1]ICYMI: NFIB STATEMENT ON TRUMP’S ECONOMIC PLAN[/h]“Mr. Trump’s plan would eliminate the disparity between the way large corporations and small businesses are treated under the code and all businesses would be taxed at a substantially lower rate.
“Those reforms would encourage more small business investment, job creation, and economic growth.” - Juanita Duggan, President and CEO of the National Federation of Independent Business
“Those reforms would encourage more small business investment, job creation, and economic growth.” - Juanita Duggan, President and CEO of the National Federation of Independent Business
- AUGUST 08, 2016 -
WHAT THEY ARE SAYING ABOUT TRUMP’S “VERY GOOD” ECONOMIC SPEECH
Trump “Pledged To Protect American Industries Like Auto Manufacturing, Steel And Coal”
Fox News: “Trump Vowed Monday To Kick-Start The U.S. Economy By Cutting Taxes And Regulation And Unshackling The American Energy Industry.” “Donald Trump vowed Monday to kick-start the U.S. economy by cutting taxes and regulation and unshackling the American energy industry -- as he touted an economic plan he called a ‘night-and-day-contrast’ with the ‘job-killing, tax-raising, poverty-inducing Obama-Clinton agenda.’” (Fox News, 8/8/16)
The Associated Press: “Trump Unleashed A Blistering Attack… On Hillary Clinton's Approach To The Economy…” “Trying to turn the page after a tumultuous campaign stretch, Donald Trump unleashed a blistering attack Monday on Hillary Clinton's approach to the economy while promising he would provide deep tax cuts and jolt middle class workers back to prosperity.” (The Associated Press, 8/8/16)
The Daily Caller’s Matt Lewis: “That Was A Very Good Populist Speech.” (Twitter.com, 8/8/16)
The Wall Street Journal’s Nick Timiraos: “Attempted To Cast Mrs. Clinton’s Economic Appeal As Too Dependent On Government Regulation And Wealth Redistribution.”“More broadly, Mr. Trump’s speech attempted to cast Mrs. Clinton’s economic appeal as too dependent on government regulation and wealth redistribution.” (The Wall Street Journal, 8/8/16)
The Atlantic’s David Graham: “There’s Quite A Bit Of New Material In The Speech As Well.” (The Atlantic, 8/8/16)
CNBC: “Trump Outlined His Economic Vision… Pledged To Protect American Industries Like Auto Manufacturing, Steel And Coal.” “Donald Trump outlined his economic vision in a crucial speech Monday, raising his proposed top income tax rate to 33 percent and expanding on some reforms he has struggled to pin down consistently as a presidential candidate. … Trump pledged to protect American industries like auto manufacturing, steel and coal, saying his policies will create ‘millions of good-paying jobs.’” (CNBC, 8/8/16)
Bloomberg: Trump “Sought To Cast Hillary Clinton’s Economic Program As An Ineffective Relic…” “Donald Trump on Monday sought to cast Hillary Clinton’s economic program as an ineffective relic, and to reset his own presidential campaign after a string of missteps.” (Bloomberg, 8/8/16)
The Independent: “Trump Has Outlined A Populist Economic Vision…” “Donald Trump has outlined a populist economic vision - promising to cut taxes and renegotiate trade deals and vowing to ‘jump-start America.’” (The Independent, 8/8/16)
The Blaze’s Leigh Munsil: “Trump Makes Big Economic Promises In Policy Speech, Including Moratorium On Federal Regulations.” (Twitter,com, 8/8/16)
WHAT THEY ARE SAYING ABOUT TRUMP’S “VERY GOOD” ECONOMIC SPEECH
Trump “Pledged To Protect American Industries Like Auto Manufacturing, Steel And Coal”
Fox News: “Trump Vowed Monday To Kick-Start The U.S. Economy By Cutting Taxes And Regulation And Unshackling The American Energy Industry.” “Donald Trump vowed Monday to kick-start the U.S. economy by cutting taxes and regulation and unshackling the American energy industry -- as he touted an economic plan he called a ‘night-and-day-contrast’ with the ‘job-killing, tax-raising, poverty-inducing Obama-Clinton agenda.’” (Fox News, 8/8/16)
The Associated Press: “Trump Unleashed A Blistering Attack… On Hillary Clinton's Approach To The Economy…” “Trying to turn the page after a tumultuous campaign stretch, Donald Trump unleashed a blistering attack Monday on Hillary Clinton's approach to the economy while promising he would provide deep tax cuts and jolt middle class workers back to prosperity.” (The Associated Press, 8/8/16)
The Daily Caller’s Matt Lewis: “That Was A Very Good Populist Speech.” (Twitter.com, 8/8/16)
The Wall Street Journal’s Nick Timiraos: “Attempted To Cast Mrs. Clinton’s Economic Appeal As Too Dependent On Government Regulation And Wealth Redistribution.”“More broadly, Mr. Trump’s speech attempted to cast Mrs. Clinton’s economic appeal as too dependent on government regulation and wealth redistribution.” (The Wall Street Journal, 8/8/16)
The Atlantic’s David Graham: “There’s Quite A Bit Of New Material In The Speech As Well.” (The Atlantic, 8/8/16)
CNBC: “Trump Outlined His Economic Vision… Pledged To Protect American Industries Like Auto Manufacturing, Steel And Coal.” “Donald Trump outlined his economic vision in a crucial speech Monday, raising his proposed top income tax rate to 33 percent and expanding on some reforms he has struggled to pin down consistently as a presidential candidate. … Trump pledged to protect American industries like auto manufacturing, steel and coal, saying his policies will create ‘millions of good-paying jobs.’” (CNBC, 8/8/16)
Bloomberg: Trump “Sought To Cast Hillary Clinton’s Economic Program As An Ineffective Relic…” “Donald Trump on Monday sought to cast Hillary Clinton’s economic program as an ineffective relic, and to reset his own presidential campaign after a string of missteps.” (Bloomberg, 8/8/16)
The Independent: “Trump Has Outlined A Populist Economic Vision…” “Donald Trump has outlined a populist economic vision - promising to cut taxes and renegotiate trade deals and vowing to ‘jump-start America.’” (The Independent, 8/8/16)
The Blaze’s Leigh Munsil: “Trump Makes Big Economic Promises In Policy Speech, Including Moratorium On Federal Regulations.” (Twitter,com, 8/8/16)
[h=6]- AUGUST 08, 2016 -[/h][h=1]AN AMERICA FIRST ECONOMIC PLAN: WINNING THE GLOBAL COMPETITION[/h]Please read the transcript from Mr. Trump's speech at the Detroit Economic Club.
Thank you for the invitation to speak to you today. It’s wonderful to be in Detroit.
We now begin a great national conversation about economic renewal for America. It’s a conversation about how to Make American Great Again for everyone, and especially those who have the very least.
The City of Detroit Is Where Our Story Begins
Detroit was once the economic envy of the world. The people of Detroit helped power America to its position of global dominance in the 20th century.
When we were governed by an America First policy, Detroit was booming. Engineers, builders, laborers, shippers and countless others went to work each day, provided for their families, and lived out the American Dream.
But for many living in this city, that dream has long ago vanished.
When we abandoned the policy of America First, we started rebuilding other countries instead of our own. The skyscrapers went up in Beijing, and in many other cities around the world, while the factories and neighborhoods crumbled in Detroit. Our roads and bridges fell into disrepair, yet we found the money to resettle millions of refugees at taxpayer expense.
Today, Detroit has a per capita income of under $15,000 dollars, about half of the national average. 40 percent of the city’s residents live in poverty, over two-and-half times the national average. The unemployment rate is more than twice the national average. Half of all Detroit residents do not work.
Detroit tops the list of Most Dangerous Cities in terms of violent crime – these are the silenced victims whose stories are never told by Hillary Clinton, but victims whose suffering is no less real or permanent.
In short, the city of Detroit is the living, breathing example of my opponent’s failed economic agenda. Every policy that has failed this city, and so many others, is a policy supported by Hillary Clinton.
She supports the high taxes and radical regulation that forced jobs out of your community…and the crime policies that have made you less safe…and the immigration policies that have strained local budgets...and the trade deals like NAFTA, signed by her husband, that have shipped your jobs to Mexico and other countries… and she supports the education policies that deny your students choice, freedom and opportunity.
She is the candidate of the past.
Ours is the campaign of the future.
This is a city controlled by Democratic politicians at every level, and unless we change policies, we will not change results.
Today, I will outline my economic vision. In the coming weeks, we will be offering more detail on all of these policies, and the ones we have already rolled out can be viewed on my campaign website.
Our opposition, on the other hand, has long ago run out of ideas. All Hillary Clinton has to offer is more of the same: more taxes, more regulations, more bureaucrats, more restrictions on American energy and American production.
If you were a foreign power looking to weaken America, you couldn’t do better than Hillary Clinton’s economic agenda.
Nothing would make our foreign adversaries happier than for our country to tax and regulate our companies and our jobs out of existence.
The one common feature of every Hillary Clinton idea is that it punishes you for working and doing business in the United States. Every policy she has tilts the playing field towards other countries at our expense.
That’s why she tries to distract us with tired political rhetoric that seeks to label us, divide us, and pull us apart.
My campaign is about reaching out to everyone as Americans, and returning to a government that puts the American people first.
Here is what an America First economic plan looks like.
First, let’s talk tax reform.
Taxes are one of the biggest differences in this race.
Hillary Clinton – who has spent her career voting for tax increases – plans another massive job-killing $1.3 trillion-dollar tax increase. Her plan would tax many small businesses by almost fifty percent.
Recently, at a campaign event, Hillary Clinton short-circuited again – to use a now famous term – when she accidentally told the truth and said she wanted to raise taxes on the middle class.
I am proposing an across-the-board income tax reduction, especially for middle-income Americans. This will lead to millions of new good-paying jobs.
The rich will pay their fair share, but no one will pay so much that it destroys jobs, or undermines our ability to compete.
As part of this reform, we will eliminate the Carried Interest Deduction and other special interest loopholes that have been so good for Wall Street investors, and people like me, but unfair to American workers.
Tax simplification will be a major feature of the plan.
Our current tax code is so burdensome and complex that we waste 9 billion hours a year in tax code compliance.
My plan will reduce the current number of brackets from 7 to 3, and dramatically streamline the process. We will work with House Republicans on this plan, using the same brackets they have proposed: 12, 25 and 33 percent. For many American workers, their tax rate will be zero.
While we will develop our own set of assumptions and policies, agreeing in some areas but not in others, we will be focused on the same shared goals and guided by the same shared principles: jobs, growth and opportunity.
These reforms will offer the biggest tax revolution since the Reagan Tax Reform, which unleashed years of continued economic growth and job creation.
We will Make America Grow Again.
In the days ahead, we will provide more details on this plan and how it will help you and your family. It will present a night-and-day contrast to the job-killing, tax-raising, poverty-inducing Obama-Clinton agenda.
The State of New York has already lived through Hillary Clinton’s failed leadership. The Washington Post just published a devastating article on Hillary Clinton’s broken promises. She pledged 200,000 jobs for upstate New York as Senator. But what happened? The Washington Post writes, and I quote: “upstate job growth stagnated overall during her tenure, with manufacturing jobs plunging nearly 25 percent…the former first lady was unable to pass big ticket legislation… Many promised jobs never materialized and others migrated to other states as she turned to her first presidential run…data shows that upstate actually lost jobs during Clinton’s first term.”
Compare that to my record. In a recent New York Post article by Steve Cuozzo, “How Donald Trump Helped Save New York City,” the paper writes that I – and this is a direct quote – “waded into a landscape of empty Fifth Avenue storefronts, the dust-bowl mugging ground that was Central Park and a Wall Street area seemingly on its last legs as companies moved out…almost by force of will — [he] rode to the rescue. Expressing rare faith in the future, he was instrumental in kick-starting the regeneration of neighborhoods and landmarks almost given up for dead.”
This is what I want to do for our country – I want to jumpstart America.
Now let’s look at what the Obama-Clinton policies have done nationally.
Their policies produced 1.2% growth, the weakest so-called recovery since the Great Depression, and a doubling of the national debt.
There are now 94.3 million Americans outside the labor force. It was 80.5 million when President Obama took office, an increase of nearly 14 million people.
The Obama-Clinton agenda of tax, spend and regulate has created a silent nation of jobless Americans.
Home ownership is at its lowest rate in 51 years.
Nearly 12 million have been added to the food stamp rolls since President Obama took office. Another nearly 7 million Americans were added to the ranks of those in poverty.
We have the lowest labor force participation rates in four decades.
58 percent of African-American youth are either outside the labor force or not employed.
1 in 5 American households do not have a single member in the labor force. These are the real unemployment numbers – the five percent figure is one of the biggest hoaxes in modern politics.
Meanwhile, American households are earning more than $4,000 less today than they were sixteen years ago.
The average worker today pays 31.5 percent of their wages to income and payroll taxes. On top of that, state and local taxes consume another 10 percent.
The United States also has the highest business tax rate among the major industrialized nations of the world, at 35 percent. It’s almost 40 percent when you add in taxes at the state level.
In other words, we punish companies for making products in America – but let them ship products into the U.S. tax-free if they move overseas.
This is backwards. All of our policies should be geared towards keeping jobs and wealth inside the United States.
Under my plan, no American company will pay more than 15% of their business income in taxes. Small businesses will benefit the most from this plan. Hillary Clinton’s plan will require small business to pay as much as three times more in taxes than what I am proposing, and her onerous regulations will put them totally out of business. I am going to cut regulations massively.
Our lower business tax will also end job-killing corporate inversions, and cause trillions in new dollars and wealth to come pouring into our country – and into cities like Detroit. To help unleash this new job creation, we will allow businesses to immediately expense new business investments.
No one will gain more from these proposals than low-and-middle income Americans.
My plan will also help reduce the cost of childcare by allowing parents to fully deduct the average cost of childcare spending from their taxes.
We are also going to bring back trillions of dollars from American businesses that is now parked overseas. Our plan will bring that cash home, applying a 10 percent tax. This money will be re-invested in states like Michigan.
Finally, no family will have to pay the death tax. American workers have paid taxes their whole lives, and they should not be taxed again at death – it’s just plain wrong. We will repeal it.
Next comes regulatory reform
As with taxes, I will have one overriding goal when it comes to regulation: I want to keep jobs and wealth in America.
Motor vehicle manufacturing is one of the most heavily regulated industries in the country. The U.S. economy today is twenty-five percent smaller than it would have been without the surge of regulations since 1980.
It is estimated that current overregulation is costing our economy as much as $2 trillion dollars a year – that’s money taken straight out of cities like yours.
The federal register is now over 80,000 pages long. As the Wall Street Journal noted, President Obama has issued close to four hundred new major regulations since taking office, each with a cost to the American economy of $100 million or more.
In 2015 alone, the Obama Administration unilaterally issued more than 2,000 new regulations – each a hidden tax on American consumers, and a massive lead weight on the American economy.
It is time to remove the anchor dragging us down.
Upon taking office, I will issue a temporary moratorium on new agency regulations. My running mate, Mike Pence, signed a similar order when he became governor of Indiana. This will give our American companies the certainty they need to reinvest in our community, get cash off of the sidelines, start hiring for new jobs, and expanding businesses.
I will also immediately cancel all illegal and overreaching executive orders.
Next, I will ask each and every federal agency to prepare a list of all of the regulations they impose on Americans which are not necessary, do not improve public safety, and which needlessly kill jobs. Those regulations will be eliminated.
We are in a competition with the world, and I want America to win. When I am president, we will.
One of the most important reforms of all is trade reform
As Bernie Sanders has said, Hillary Clinton has bad judgment. We’ve seen this bad judgment overseas, in Libya, Iraq, and Syria. We’ve seen it in Iran. We’ve seen it from President Obama, when he gives $150 billion to Iran, the number one terror state, and even gives them $400 million in money-laundered cash as a ransom payment.
But we’ve also seen the terrible Obama-Clinton judgment right here in Detroit.
Hillary Clinton has supported the trade deals stripping this city, and this country, of its jobs and wealth.
She supported Bill Clinton’s NAFTA, she supported China’s entrance into the World Trade Organization, she supported the job-killing trade deal with South Korea, and she supports the Trans-Pacific Partnership.
Let’s talk about South Korea for a moment, because it so perfectly illustrates the broken promises that have hurt so many American workers.
President Obama, and the usual so-called experts who’ve been wrong about every trade deal for decades, predicted that the trade deal with South Korea would increase our exports to South Korea by more than $10 billion – resulting in some 70,000 jobs.
Like Hillary Clinton’s broken promises to New York, these pledges all turned out to be false. Instead of creating 70,000 jobs, it has killed nearly 100,000, according to the Economic Policy Institute. Our exports to South Korea haven’t increased at all, but their imports to us have surged more than $15 billion – more than doubling our trade deficit with that country.
The next betrayal will be the Trans-Pacific Partnership. Hillary Clinton’s closest friend, Terry McAuliffe, confirmed what I have said on this from the beginning: if sent to the Oval Office, Hillary Clinton will enact the TPP. Guaranteed. Her donors will make sure of it.
A vote for Hillary Clinton is a vote for TPP – and it’s also a vote for NAFTA.
Our annual trade deficit in goods with Mexico has risen from close to zero in 1993 to almost $60 billion. Our total trade deficit in goods hit nearly $800 billion last year.
This is a strike at the heart of Michigan, and our nation as a whole.
According to the Bureau of Labor Statistics, before NAFTA went into effect, there were 285,000 auto workers in Michigan. Today, that number is only 160,000.
Detroit is still waiting for Hillary Clinton’s apology. I expect Detroit will get that apology right around the same time Hillary Clinton turns over the 33,000 emails she deleted.
Hillary Clinton’s Trans-Pacific Partnership (TPP) will be an even bigger disaster for the auto industry. In fact, Ford Motor Company has announced its opposition to the deal.
According to the Economic Policy Institute, the U.S. trade deficit with the proposed TPP member countries cost over 1 million manufacturing jobs in 2015.
By far the biggest losses occurred in motor vehicles and parts, which lost nearly 740,000 manufacturing jobs.
Michigan ranks first for jobs lost as a share of state workforce due to the trade deficit with TPP members.
Just imagine how many more automobile jobs will be lost if the TPP is actually approved. That is why I have announced we will withdraw from the deal before that can ever happen. Hillary Clinton will never withdraw from the TPP. She is bought, controlled and paid-for by her donors and special interests.
Because my only interest is the American people, I have previously laid out a detailed 7-point plan for trade reform, available on my website. It includes strong protections against currency manipulation, tariffs against any countries that cheat by unfairly subsidizing their goods, and it includes a renegotiation of NAFTA. If we don’t get a better deal, we will walk away.
At the center of my plan is trade enforcement with China. This alone could return millions of jobs into our economy.
China is responsible for nearly half of our entire trade deficit. They break the rules in every way imaginable. China engages in illegal export subsidies, prohibited currency manipulation, and rampant theft of intellectual property. They also have no real environmental or labor protections, further undercutting American workers.
Just enforcing intellectual property rules alone could save millions of American jobs. According to the U.S. International Trade Commission, improved protection of America’s intellectual property in China would produce more than 2 million more jobs right here in the United States.
Add to that the saved jobs from cracking down on currency cheating and product dumping, and we will bring trillions of dollars in new wealth and wages back to the United States.
Trade has big benefits, and I am in favor of trade. But I want great trade deals for our country that create more jobs and higher wages for American workers. Isolation is not an option, only great and well-crafted trade deals are.
Also critical to our economic renewal will be energy reform
The Obama-Clinton Administration has blocked and destroyed millions of jobs through their anti-energy regulations, while raising the price of electricity for both families and businesses.
As a result of recent Obama EPA actions coal-fired power plants across Michigan have either shut down entirely or undergone expensive conversions. The Obama-Clinton war on coal has cost Michigan over 50,000 jobs. Hillary Clinton says her plan will “put a lot of coal companies and coal miners out of business.”
We will put our coal miners and steel workers back to work.
Clinton not only embraces President Obama’s job-killing energy restrictions but wants to expand them, including going after oil and natural gas production that employs some 10 million Americans.
According to the Heritage Foundation, by 2030, the Obama-Clinton energy restrictions will eliminate another half a million manufacturing jobs, reduce economic output by $2.5 trillion dollars, and reduce incomes by $7,000 dollars per person.
A Trump Administration will end this war on the American worker, and unleash an energy revolution that will bring vast new wealth to our country.
According to the Institute for Energy Research, lifting the restrictions on all sources of American energy will:
When we reform our tax, trade, energy and regulatory policies, we will open a new chapter in American Prosperity.
We can use this new wealth to rebuild our military and our infrastructure.
As part of this new future, we will also be rolling out proposals to increase choice and reduce cost in childcare, offering much-needed relief to American families. I will unveil my plan on this in the coming weeks that I have been working on with my daughter Ivanka and an incredible team of experts.
Likewise, our education reforms will help parents send their kids to a school of their choice.
We will also give our police and law enforcement the funds and support they need to restore law and order to this country. Without security, there can be no prosperity. We must have law and order.
In the coming days, we will be rolling out plans on all of these items. One of my first acts as President will be to repeal and replace disastrous Obamacare, saving another 2 million American jobs.
We will also rebuild our military, and get our allies to pay their fair share for the protection we provide – saving us countless more billions to invest in our own country.
We also have a plan, on our website, for a complete reform of the Veterans Health Administration. This is something so desperately needed to make sure our vets are fully supported and get the care they deserve.
Detroit – the Motor City – will come roaring back. We will offer a new future, not the same old failed policies of the past.
Our party has chosen to make new history by selecting a nominee from outside the rigged and corrupt system.
The other party has reached backwards into the past to choose a nominee from yesterday – who offers only the rhetoric of yesterday, and the policies of yesterday.
There will be no change under Hillary Clinton – only four more years of Obama.
But we are going to look boldly into the future.
We will build the next generation of roads, bridges, railways, tunnels, sea ports and airports that our country deserves.
American cars will travel the roads, American planes will connect our cities, and American ships will patrol the seas.
American steel will send new skyscrapers soaring.
We will put new American metal into the spine of this nation.
It will be American hands that rebuild this country, and it will be American energy - mined from American sources - that powers this country.
It will be American workers who are hired to do the job.
Americanism, not globalism, will be our new credo.
Our country will reach amazing new heights.
All we have to do is stop relying on the tired voices of the past.
We can’t fix a rigged system by relying on the people who rigged it in the first place.
We can’t solve our problems by relying on the politicians who created them.
Only by changing to new leadership, and new solutions, will we get new results.
We need to stop believing in politicians, and start believing in America.
Before everything great that has ever happened, the doubters have always said it couldn’t be done.
America is ready to prove the doubters wrong.
They want you to think small. I am asking you to think big.
We are ready to dream great things for our country once again.
We are ready to show the world that America is Back – Bigger, and Better and Stronger Than Ever Before.
Thank you, and God Bless You.
Thank you for the invitation to speak to you today. It’s wonderful to be in Detroit.
We now begin a great national conversation about economic renewal for America. It’s a conversation about how to Make American Great Again for everyone, and especially those who have the very least.
The City of Detroit Is Where Our Story Begins
Detroit was once the economic envy of the world. The people of Detroit helped power America to its position of global dominance in the 20th century.
When we were governed by an America First policy, Detroit was booming. Engineers, builders, laborers, shippers and countless others went to work each day, provided for their families, and lived out the American Dream.
But for many living in this city, that dream has long ago vanished.
When we abandoned the policy of America First, we started rebuilding other countries instead of our own. The skyscrapers went up in Beijing, and in many other cities around the world, while the factories and neighborhoods crumbled in Detroit. Our roads and bridges fell into disrepair, yet we found the money to resettle millions of refugees at taxpayer expense.
Today, Detroit has a per capita income of under $15,000 dollars, about half of the national average. 40 percent of the city’s residents live in poverty, over two-and-half times the national average. The unemployment rate is more than twice the national average. Half of all Detroit residents do not work.
Detroit tops the list of Most Dangerous Cities in terms of violent crime – these are the silenced victims whose stories are never told by Hillary Clinton, but victims whose suffering is no less real or permanent.
In short, the city of Detroit is the living, breathing example of my opponent’s failed economic agenda. Every policy that has failed this city, and so many others, is a policy supported by Hillary Clinton.
She supports the high taxes and radical regulation that forced jobs out of your community…and the crime policies that have made you less safe…and the immigration policies that have strained local budgets...and the trade deals like NAFTA, signed by her husband, that have shipped your jobs to Mexico and other countries… and she supports the education policies that deny your students choice, freedom and opportunity.
She is the candidate of the past.
Ours is the campaign of the future.
This is a city controlled by Democratic politicians at every level, and unless we change policies, we will not change results.
Today, I will outline my economic vision. In the coming weeks, we will be offering more detail on all of these policies, and the ones we have already rolled out can be viewed on my campaign website.
Our opposition, on the other hand, has long ago run out of ideas. All Hillary Clinton has to offer is more of the same: more taxes, more regulations, more bureaucrats, more restrictions on American energy and American production.
If you were a foreign power looking to weaken America, you couldn’t do better than Hillary Clinton’s economic agenda.
Nothing would make our foreign adversaries happier than for our country to tax and regulate our companies and our jobs out of existence.
The one common feature of every Hillary Clinton idea is that it punishes you for working and doing business in the United States. Every policy she has tilts the playing field towards other countries at our expense.
That’s why she tries to distract us with tired political rhetoric that seeks to label us, divide us, and pull us apart.
My campaign is about reaching out to everyone as Americans, and returning to a government that puts the American people first.
Here is what an America First economic plan looks like.
First, let’s talk tax reform.
Taxes are one of the biggest differences in this race.
Hillary Clinton – who has spent her career voting for tax increases – plans another massive job-killing $1.3 trillion-dollar tax increase. Her plan would tax many small businesses by almost fifty percent.
Recently, at a campaign event, Hillary Clinton short-circuited again – to use a now famous term – when she accidentally told the truth and said she wanted to raise taxes on the middle class.
I am proposing an across-the-board income tax reduction, especially for middle-income Americans. This will lead to millions of new good-paying jobs.
The rich will pay their fair share, but no one will pay so much that it destroys jobs, or undermines our ability to compete.
As part of this reform, we will eliminate the Carried Interest Deduction and other special interest loopholes that have been so good for Wall Street investors, and people like me, but unfair to American workers.
Tax simplification will be a major feature of the plan.
Our current tax code is so burdensome and complex that we waste 9 billion hours a year in tax code compliance.
My plan will reduce the current number of brackets from 7 to 3, and dramatically streamline the process. We will work with House Republicans on this plan, using the same brackets they have proposed: 12, 25 and 33 percent. For many American workers, their tax rate will be zero.
While we will develop our own set of assumptions and policies, agreeing in some areas but not in others, we will be focused on the same shared goals and guided by the same shared principles: jobs, growth and opportunity.
These reforms will offer the biggest tax revolution since the Reagan Tax Reform, which unleashed years of continued economic growth and job creation.
We will Make America Grow Again.
In the days ahead, we will provide more details on this plan and how it will help you and your family. It will present a night-and-day contrast to the job-killing, tax-raising, poverty-inducing Obama-Clinton agenda.
The State of New York has already lived through Hillary Clinton’s failed leadership. The Washington Post just published a devastating article on Hillary Clinton’s broken promises. She pledged 200,000 jobs for upstate New York as Senator. But what happened? The Washington Post writes, and I quote: “upstate job growth stagnated overall during her tenure, with manufacturing jobs plunging nearly 25 percent…the former first lady was unable to pass big ticket legislation… Many promised jobs never materialized and others migrated to other states as she turned to her first presidential run…data shows that upstate actually lost jobs during Clinton’s first term.”
Compare that to my record. In a recent New York Post article by Steve Cuozzo, “How Donald Trump Helped Save New York City,” the paper writes that I – and this is a direct quote – “waded into a landscape of empty Fifth Avenue storefronts, the dust-bowl mugging ground that was Central Park and a Wall Street area seemingly on its last legs as companies moved out…almost by force of will — [he] rode to the rescue. Expressing rare faith in the future, he was instrumental in kick-starting the regeneration of neighborhoods and landmarks almost given up for dead.”
This is what I want to do for our country – I want to jumpstart America.
Now let’s look at what the Obama-Clinton policies have done nationally.
Their policies produced 1.2% growth, the weakest so-called recovery since the Great Depression, and a doubling of the national debt.
There are now 94.3 million Americans outside the labor force. It was 80.5 million when President Obama took office, an increase of nearly 14 million people.
The Obama-Clinton agenda of tax, spend and regulate has created a silent nation of jobless Americans.
Home ownership is at its lowest rate in 51 years.
Nearly 12 million have been added to the food stamp rolls since President Obama took office. Another nearly 7 million Americans were added to the ranks of those in poverty.
We have the lowest labor force participation rates in four decades.
58 percent of African-American youth are either outside the labor force or not employed.
1 in 5 American households do not have a single member in the labor force. These are the real unemployment numbers – the five percent figure is one of the biggest hoaxes in modern politics.
Meanwhile, American households are earning more than $4,000 less today than they were sixteen years ago.
The average worker today pays 31.5 percent of their wages to income and payroll taxes. On top of that, state and local taxes consume another 10 percent.
The United States also has the highest business tax rate among the major industrialized nations of the world, at 35 percent. It’s almost 40 percent when you add in taxes at the state level.
In other words, we punish companies for making products in America – but let them ship products into the U.S. tax-free if they move overseas.
This is backwards. All of our policies should be geared towards keeping jobs and wealth inside the United States.
Under my plan, no American company will pay more than 15% of their business income in taxes. Small businesses will benefit the most from this plan. Hillary Clinton’s plan will require small business to pay as much as three times more in taxes than what I am proposing, and her onerous regulations will put them totally out of business. I am going to cut regulations massively.
Our lower business tax will also end job-killing corporate inversions, and cause trillions in new dollars and wealth to come pouring into our country – and into cities like Detroit. To help unleash this new job creation, we will allow businesses to immediately expense new business investments.
No one will gain more from these proposals than low-and-middle income Americans.
My plan will also help reduce the cost of childcare by allowing parents to fully deduct the average cost of childcare spending from their taxes.
We are also going to bring back trillions of dollars from American businesses that is now parked overseas. Our plan will bring that cash home, applying a 10 percent tax. This money will be re-invested in states like Michigan.
Finally, no family will have to pay the death tax. American workers have paid taxes their whole lives, and they should not be taxed again at death – it’s just plain wrong. We will repeal it.
Next comes regulatory reform
As with taxes, I will have one overriding goal when it comes to regulation: I want to keep jobs and wealth in America.
Motor vehicle manufacturing is one of the most heavily regulated industries in the country. The U.S. economy today is twenty-five percent smaller than it would have been without the surge of regulations since 1980.
It is estimated that current overregulation is costing our economy as much as $2 trillion dollars a year – that’s money taken straight out of cities like yours.
The federal register is now over 80,000 pages long. As the Wall Street Journal noted, President Obama has issued close to four hundred new major regulations since taking office, each with a cost to the American economy of $100 million or more.
In 2015 alone, the Obama Administration unilaterally issued more than 2,000 new regulations – each a hidden tax on American consumers, and a massive lead weight on the American economy.
It is time to remove the anchor dragging us down.
Upon taking office, I will issue a temporary moratorium on new agency regulations. My running mate, Mike Pence, signed a similar order when he became governor of Indiana. This will give our American companies the certainty they need to reinvest in our community, get cash off of the sidelines, start hiring for new jobs, and expanding businesses.
I will also immediately cancel all illegal and overreaching executive orders.
Next, I will ask each and every federal agency to prepare a list of all of the regulations they impose on Americans which are not necessary, do not improve public safety, and which needlessly kill jobs. Those regulations will be eliminated.
We are in a competition with the world, and I want America to win. When I am president, we will.
One of the most important reforms of all is trade reform
As Bernie Sanders has said, Hillary Clinton has bad judgment. We’ve seen this bad judgment overseas, in Libya, Iraq, and Syria. We’ve seen it in Iran. We’ve seen it from President Obama, when he gives $150 billion to Iran, the number one terror state, and even gives them $400 million in money-laundered cash as a ransom payment.
But we’ve also seen the terrible Obama-Clinton judgment right here in Detroit.
Hillary Clinton has supported the trade deals stripping this city, and this country, of its jobs and wealth.
She supported Bill Clinton’s NAFTA, she supported China’s entrance into the World Trade Organization, she supported the job-killing trade deal with South Korea, and she supports the Trans-Pacific Partnership.
Let’s talk about South Korea for a moment, because it so perfectly illustrates the broken promises that have hurt so many American workers.
President Obama, and the usual so-called experts who’ve been wrong about every trade deal for decades, predicted that the trade deal with South Korea would increase our exports to South Korea by more than $10 billion – resulting in some 70,000 jobs.
Like Hillary Clinton’s broken promises to New York, these pledges all turned out to be false. Instead of creating 70,000 jobs, it has killed nearly 100,000, according to the Economic Policy Institute. Our exports to South Korea haven’t increased at all, but their imports to us have surged more than $15 billion – more than doubling our trade deficit with that country.
The next betrayal will be the Trans-Pacific Partnership. Hillary Clinton’s closest friend, Terry McAuliffe, confirmed what I have said on this from the beginning: if sent to the Oval Office, Hillary Clinton will enact the TPP. Guaranteed. Her donors will make sure of it.
A vote for Hillary Clinton is a vote for TPP – and it’s also a vote for NAFTA.
Our annual trade deficit in goods with Mexico has risen from close to zero in 1993 to almost $60 billion. Our total trade deficit in goods hit nearly $800 billion last year.
This is a strike at the heart of Michigan, and our nation as a whole.
According to the Bureau of Labor Statistics, before NAFTA went into effect, there were 285,000 auto workers in Michigan. Today, that number is only 160,000.
Detroit is still waiting for Hillary Clinton’s apology. I expect Detroit will get that apology right around the same time Hillary Clinton turns over the 33,000 emails she deleted.
Hillary Clinton’s Trans-Pacific Partnership (TPP) will be an even bigger disaster for the auto industry. In fact, Ford Motor Company has announced its opposition to the deal.
According to the Economic Policy Institute, the U.S. trade deficit with the proposed TPP member countries cost over 1 million manufacturing jobs in 2015.
By far the biggest losses occurred in motor vehicles and parts, which lost nearly 740,000 manufacturing jobs.
Michigan ranks first for jobs lost as a share of state workforce due to the trade deficit with TPP members.
Just imagine how many more automobile jobs will be lost if the TPP is actually approved. That is why I have announced we will withdraw from the deal before that can ever happen. Hillary Clinton will never withdraw from the TPP. She is bought, controlled and paid-for by her donors and special interests.
Because my only interest is the American people, I have previously laid out a detailed 7-point plan for trade reform, available on my website. It includes strong protections against currency manipulation, tariffs against any countries that cheat by unfairly subsidizing their goods, and it includes a renegotiation of NAFTA. If we don’t get a better deal, we will walk away.
At the center of my plan is trade enforcement with China. This alone could return millions of jobs into our economy.
China is responsible for nearly half of our entire trade deficit. They break the rules in every way imaginable. China engages in illegal export subsidies, prohibited currency manipulation, and rampant theft of intellectual property. They also have no real environmental or labor protections, further undercutting American workers.
Just enforcing intellectual property rules alone could save millions of American jobs. According to the U.S. International Trade Commission, improved protection of America’s intellectual property in China would produce more than 2 million more jobs right here in the United States.
Add to that the saved jobs from cracking down on currency cheating and product dumping, and we will bring trillions of dollars in new wealth and wages back to the United States.
Trade has big benefits, and I am in favor of trade. But I want great trade deals for our country that create more jobs and higher wages for American workers. Isolation is not an option, only great and well-crafted trade deals are.
Also critical to our economic renewal will be energy reform
The Obama-Clinton Administration has blocked and destroyed millions of jobs through their anti-energy regulations, while raising the price of electricity for both families and businesses.
As a result of recent Obama EPA actions coal-fired power plants across Michigan have either shut down entirely or undergone expensive conversions. The Obama-Clinton war on coal has cost Michigan over 50,000 jobs. Hillary Clinton says her plan will “put a lot of coal companies and coal miners out of business.”
We will put our coal miners and steel workers back to work.
Clinton not only embraces President Obama’s job-killing energy restrictions but wants to expand them, including going after oil and natural gas production that employs some 10 million Americans.
According to the Heritage Foundation, by 2030, the Obama-Clinton energy restrictions will eliminate another half a million manufacturing jobs, reduce economic output by $2.5 trillion dollars, and reduce incomes by $7,000 dollars per person.
A Trump Administration will end this war on the American worker, and unleash an energy revolution that will bring vast new wealth to our country.
According to the Institute for Energy Research, lifting the restrictions on all sources of American energy will:
- Increase GDP by more than $100 billion dollars annually, add over 500,000 new jobs annually, and increase annual wages by more than $30 billion dollars over the next 7 years;
- Increase federal, state, and local tax revenues by almost $6 trillion dollars over 4 decades;
- Increase totaleconomic activity by more than $20 trillion dollars over the next 40 years.
When we reform our tax, trade, energy and regulatory policies, we will open a new chapter in American Prosperity.
We can use this new wealth to rebuild our military and our infrastructure.
As part of this new future, we will also be rolling out proposals to increase choice and reduce cost in childcare, offering much-needed relief to American families. I will unveil my plan on this in the coming weeks that I have been working on with my daughter Ivanka and an incredible team of experts.
Likewise, our education reforms will help parents send their kids to a school of their choice.
We will also give our police and law enforcement the funds and support they need to restore law and order to this country. Without security, there can be no prosperity. We must have law and order.
In the coming days, we will be rolling out plans on all of these items. One of my first acts as President will be to repeal and replace disastrous Obamacare, saving another 2 million American jobs.
We will also rebuild our military, and get our allies to pay their fair share for the protection we provide – saving us countless more billions to invest in our own country.
We also have a plan, on our website, for a complete reform of the Veterans Health Administration. This is something so desperately needed to make sure our vets are fully supported and get the care they deserve.
Detroit – the Motor City – will come roaring back. We will offer a new future, not the same old failed policies of the past.
Our party has chosen to make new history by selecting a nominee from outside the rigged and corrupt system.
The other party has reached backwards into the past to choose a nominee from yesterday – who offers only the rhetoric of yesterday, and the policies of yesterday.
There will be no change under Hillary Clinton – only four more years of Obama.
But we are going to look boldly into the future.
We will build the next generation of roads, bridges, railways, tunnels, sea ports and airports that our country deserves.
American cars will travel the roads, American planes will connect our cities, and American ships will patrol the seas.
American steel will send new skyscrapers soaring.
We will put new American metal into the spine of this nation.
It will be American hands that rebuild this country, and it will be American energy - mined from American sources - that powers this country.
It will be American workers who are hired to do the job.
Americanism, not globalism, will be our new credo.
Our country will reach amazing new heights.
All we have to do is stop relying on the tired voices of the past.
We can’t fix a rigged system by relying on the people who rigged it in the first place.
We can’t solve our problems by relying on the politicians who created them.
Only by changing to new leadership, and new solutions, will we get new results.
We need to stop believing in politicians, and start believing in America.
Before everything great that has ever happened, the doubters have always said it couldn’t be done.
America is ready to prove the doubters wrong.
They want you to think small. I am asking you to think big.
We are ready to dream great things for our country once again.
We are ready to show the world that America is Back – Bigger, and Better and Stronger Than Ever Before.
Thank you, and God Bless You.
[h=6]- AUGUST 08, 2016 -[/h][h=1]ICYMI: SENATOR DAVID PERDUE STATEMENT ON TRUMP ECONOMIC PLAN[/h]“Despite what you’ve heard on his legacy tour, President Obama’s economic policies have failed the very people he claims to champion: the hard working middle class women and men in America. Millions of Georgians and Americans are still struggling to make it from payday to payday. This is unacceptable, but not unexpected when we have someone in the White House who had never run a real business before. If Americans want different results from Washington, than we must send a different kind of person to the White House.
“Today, we heard a bold vision from Donald Trump - an outsider and businessman - who is listening to the American people. He understands what it means to take risks and deliver results through lower taxes, less regulation, and solving our debt crisis. We know Hillary Clinton will go further with the same failed economic policies that haven’t worked for years. Clinton wants higher taxes, more spending, and she will continue to kill the coal industry. In order to reinvigorate our economy, we must reduce redundant programs, roll back Washington’s regulatory regime, and unlock our nation’s full energy potential. Mr. Trump understands what it takes to unleash economic growth, and with his leadership we can make America great again.” - Senator David Perdue (R-GA)
“Today, we heard a bold vision from Donald Trump - an outsider and businessman - who is listening to the American people. He understands what it means to take risks and deliver results through lower taxes, less regulation, and solving our debt crisis. We know Hillary Clinton will go further with the same failed economic policies that haven’t worked for years. Clinton wants higher taxes, more spending, and she will continue to kill the coal industry. In order to reinvigorate our economy, we must reduce redundant programs, roll back Washington’s regulatory regime, and unlock our nation’s full energy potential. Mr. Trump understands what it takes to unleash economic growth, and with his leadership we can make America great again.” - Senator David Perdue (R-GA)
[h=6]- AUGUST 08, 2016 -[/h][h=1]CLINTON’S TAX PLAN MEANS LOWER INCOMES AND FEWER JOBS[/h]An Analysis From The Nonpartisan Tax Foundation Shows That Clinton’s Tax Plan Will Lower Incomes, Cost Jobs And Even Reduce The U.S. GDP
According To Analysis By The Tax Foundation, Clinton’s Plan Will Reduce U.S. GDP By 1 Percent:
According To Analysis By The Tax Foundation, Clinton’s Tax Proposals Would “Reduce The Economy’s Size By 1 Percent.” “According to the Tax Foundation’s Taxes and Growth Model, Hillary Clinton’s tax plan would reduce the economy’s size by 1 percent in the long run.” (Kyle Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary Clinton’s Tax Proposals,” Tax Foundation, 1/26/16)
According To Analysis By The Tax Foundation, Clinton’s Plan Will Cost Over 300,000 American Jobs:
According To Analysis By The Tax Foundation, Clinton’s Tax Proposals Would Result In “311,000 Fewer Full-Time Equivalent Jobs.” “The plan would lead to 0.8 percent lower wages, a 2.8 percent smaller capital stock, and 311,000 fewer full-time equivalent jobs. The smaller economy results from somewhat higher marginal tax rates on capital and labor income.” (Kyle Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary Clinton’s Tax Proposals,” Tax Foundation, 1/26/16)
According To Analysis By The Tax Foundation, Clinton’s Plan Will Reduce American Wages By 0.8 Percent:
According To Analysis By The Tax Foundation, Clinton’s Tax Proposals Would “Lead To 0.8 Percent Lower Wages. “The plan would lead to 0.8 percent lower wages, a 2.8 percent smaller capital stock, and 311,000 fewer full-time equivalent jobs. The smaller economy results from somewhat higher marginal tax rates on capital and labor income.” (Kyle Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary Clinton’s Tax Proposals,” Tax Foundation, 1/26/16)
Clinton’s Tax Proposals Would Reduce American’s After-Tax Incomes By An Average Of 1.3 Percent:
When Accounting For The Economic Impact Of Clinton’s Plan, Clinton’s Tax Proposals Would Reduce American’s After-Tax Incomes By An Average Of 1.3 Percent. “On a dynamic basis, the plan would reduce after-tax incomes by an average of 1.3 percent. All deciles would see a reduction in after-tax income of at least 0.9 percent over the long-term. Taxpayers that fall in the bottom nine deciles would see their after-tax incomes decline by between 0.9 and 1 percent.” (Kyle Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary Clinton’s Tax Proposals,” Tax Foundation, 1/26/16)
American’s That Are In The Bottom 90% Of Taxpayers Would See A Reduction In After-Tax Income Of At Least 0.9 Percent Over The Long-Term. “On a dynamic basis, the plan would reduce after-tax incomes by an average of 1.3 percent. All deciles would see a reduction in after-tax income of at least 0.9 percent over the long-term. Taxpayers that fall in the bottom nine deciles would see their after-tax incomes decline by between 0.9 and 1 percent.” (Kyle Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary Clinton’s Tax Proposals,” Tax Foundation, 1/26/16)
According To Analysis By The Tax Foundation, Clinton’s Plan Will Reduce U.S. GDP By 1 Percent:
According To Analysis By The Tax Foundation, Clinton’s Tax Proposals Would “Reduce The Economy’s Size By 1 Percent.” “According to the Tax Foundation’s Taxes and Growth Model, Hillary Clinton’s tax plan would reduce the economy’s size by 1 percent in the long run.” (Kyle Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary Clinton’s Tax Proposals,” Tax Foundation, 1/26/16)
According To Analysis By The Tax Foundation, Clinton’s Plan Will Cost Over 300,000 American Jobs:
According To Analysis By The Tax Foundation, Clinton’s Tax Proposals Would Result In “311,000 Fewer Full-Time Equivalent Jobs.” “The plan would lead to 0.8 percent lower wages, a 2.8 percent smaller capital stock, and 311,000 fewer full-time equivalent jobs. The smaller economy results from somewhat higher marginal tax rates on capital and labor income.” (Kyle Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary Clinton’s Tax Proposals,” Tax Foundation, 1/26/16)
According To Analysis By The Tax Foundation, Clinton’s Plan Will Reduce American Wages By 0.8 Percent:
According To Analysis By The Tax Foundation, Clinton’s Tax Proposals Would “Lead To 0.8 Percent Lower Wages. “The plan would lead to 0.8 percent lower wages, a 2.8 percent smaller capital stock, and 311,000 fewer full-time equivalent jobs. The smaller economy results from somewhat higher marginal tax rates on capital and labor income.” (Kyle Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary Clinton’s Tax Proposals,” Tax Foundation, 1/26/16)
Clinton’s Tax Proposals Would Reduce American’s After-Tax Incomes By An Average Of 1.3 Percent:
When Accounting For The Economic Impact Of Clinton’s Plan, Clinton’s Tax Proposals Would Reduce American’s After-Tax Incomes By An Average Of 1.3 Percent. “On a dynamic basis, the plan would reduce after-tax incomes by an average of 1.3 percent. All deciles would see a reduction in after-tax income of at least 0.9 percent over the long-term. Taxpayers that fall in the bottom nine deciles would see their after-tax incomes decline by between 0.9 and 1 percent.” (Kyle Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary Clinton’s Tax Proposals,” Tax Foundation, 1/26/16)
American’s That Are In The Bottom 90% Of Taxpayers Would See A Reduction In After-Tax Income Of At Least 0.9 Percent Over The Long-Term. “On a dynamic basis, the plan would reduce after-tax incomes by an average of 1.3 percent. All deciles would see a reduction in after-tax income of at least 0.9 percent over the long-term. Taxpayers that fall in the bottom nine deciles would see their after-tax incomes decline by between 0.9 and 1 percent.” (Kyle Pomerleau and Michael Schuyler, “Details And Analysis Of Hillary Clinton’s Tax Proposals,” Tax Foundation, 1/26/16)
[h=6]- AUGUST 08, 2016 -[/h][h=1]UNLEASHING AMERICA’S PROSPERITY TO CREATE JOBS AND INCREASE WAGES[/h]Donald J. Trump’s Economic Vision To Break Up The Rigged System In Washington And Empower Every American To Succeed
(New York, NY) August 8th, 2016 – Donald J. Trump today unveiled his plan to revitalize America’s economy in a policy speech at the Detroit Economic Club, focused on providing the tools to every American to succeed economically.
Donald J. Trump promised to unleash the American economy to spur faster growth and benefit every American. Mr. Trump’s economic vision will unleash the power and productivity of US business and entrepreneurship, bringing prosperity, creating jobs and improving the lives of working families.
In contrast, Hillary Clinton wants to defend those already benefitting from the status quo by raising taxes by over $1 trillion, increasing the size of our already bloated government and adding more burdensome regulations. Clinton’s plans will continue to keep a boot on the neck of our economy.
“Today we begin a great national conversation about economic renewal for America - it’s a conversation about how to Make America Great Again for everyone, and especially those who have the very least,” said Mr. Trump. “The other party has reached backwards into the past to choose a nominee from yesterday – who offers only the rhetoric of yesterday, and the policies of yesterday.We are going to look boldly into the future, and with new leadership - and new solutions we will get new results.”
Below please find the policy highlights from each of the four pillars of today’s speech:
Tax Reform
(New York, NY) August 8th, 2016 – Donald J. Trump today unveiled his plan to revitalize America’s economy in a policy speech at the Detroit Economic Club, focused on providing the tools to every American to succeed economically.
Donald J. Trump promised to unleash the American economy to spur faster growth and benefit every American. Mr. Trump’s economic vision will unleash the power and productivity of US business and entrepreneurship, bringing prosperity, creating jobs and improving the lives of working families.
In contrast, Hillary Clinton wants to defend those already benefitting from the status quo by raising taxes by over $1 trillion, increasing the size of our already bloated government and adding more burdensome regulations. Clinton’s plans will continue to keep a boot on the neck of our economy.
“Today we begin a great national conversation about economic renewal for America - it’s a conversation about how to Make America Great Again for everyone, and especially those who have the very least,” said Mr. Trump. “The other party has reached backwards into the past to choose a nominee from yesterday – who offers only the rhetoric of yesterday, and the policies of yesterday.We are going to look boldly into the future, and with new leadership - and new solutions we will get new results.”
Below please find the policy highlights from each of the four pillars of today’s speech:
Tax Reform
- Benefit working families while ensuring the wealthy pay their fair share.
- Dramatically reduce taxes for everyone and streamline deductions, presenting the biggest tax reform since Reagan.
- Exclude childcare expenses from taxation.
- Limit taxation of business income to 15% for every business, from freelancers to the Fortune 500.
- Make our corporate tax globally competitive and the United States the most attractive place to invest in the world.
- End the death tax.
- Renegotiating NAFTA (or walk away if we have to).
- Stopping the TPP.
- Bringing trade relief cases to the World Trade Organization.
- Labeling China a currency manipulator.
- Applying tariffs and duties to countries that cheat.
- Directing the Commerce Department to use all legal tools to respond to trade violations.
- Entering into no trade deal unless it increases our economic growth and strengthens our manufacturing base.
- Issue an executive order to impose a regulatory moratorium on new agency regulations.
- Require each federal agency to prepare a list of all of the regulations they impose on American business, and rank them from most critical to health and safety to least critical. Least critical regulations will receive priority consideration for repeal.
- Remove bureaucrats and replace them with experts who know how to create jobs.
- Repeal and replace Obamacare (will be outlined in-depth in a future speech).
- Initiate targeted review for regulations that inhibit hiring. These include:
- The Environmental Protection Agency’s Clean Power Plan, which forces investment in renewable energy at the expense of coal and natural gas, raising electricity rates.
- The EPA’s Waters of the United States rule, which gives the EPA the ability to regulate the smallest streams on private land, limiting land use.
- The Department of Interior’s moratorium on coal mining permits, which put tens of thousands of coal miners out of work.
- Rescind all the job-destroying Obama executive actions including the Climate Action Plan and the Waters of the U.S. rule.
- Save the coal industry and other industries threatened by Hillary Clinton’s extremist agenda.
- Ask Trans Canada to renew its permit application for the Keystone Pipeline.
- Make land in the Outer Continental Shelf available to produce oil and natural gas.
- Cancel the Paris Climate Agreement (limit global warming to 2 degrees Celsius) and stop all payments of U.S. tax dollars to U.N. global warming programs.
- Lift restrictions on American energy, which will increase GDP annually by $100 billion, create 500,000 new jobs and increase wages by over $30 billion over the next 7 years.
[h=6]- AUGUST 08, 2016 -[/h][h=1]HILLARY CLINTON’S LIE TO VOTERS ABOUT JOB CREATION WILL HAUNT HER CAMPAIGN[/h]Clinton’s 2000 Promise To Create 200,000 New Jobs In Upstate New York Was An Unequivocal Failure, With Jobs Remaining Stagnant And Manufacturing Cratering
Clinton Promised To Create 200,000 Jobs In Upstate New York When Running For Senate In 2000:
Clinton Promised To Create 200,000 Jobs In Upstate New York When She Campaigned For Senator In 2000. “She's reminded of it all the time around here, so Sen. Hillary Rodham Clinton couldn't have been surprised when her failed 2000 campaign promise to bring 200,000 jobs to economically desperate upstate New York became part of the latest presidential debate.” (Carolyn Thompson, “Fact Check: Clinton And Jobs Promised,” USA Today, 2/28/08)
Clinton Ran TV Ads “Just Before The Election” Touting Her 200,000 New Upstate Jobs Goal. “A day after announcing her 2000 candidacy, then-first lady Clinton vowed to infuse more than a half billion dollars into the upstate economy. A television ad ran just before the election, citing the 200,000 new jobs goal.” (Jerry Markon, “As senator, Clinton Promised 200,000 Jobs In Upstate New York. Her Efforts Fell Flat.,” The Washington Post, 8/7/16)
The Washington Post Headline: “As Senator, Clinton Promised 200,000 Jobs In Upstate New York. Her Efforts Fell Flat.” (The Washington Post, 8/7/16)
Clinton Massively Underperformed This Goal, With Job Growth In Upstate New York Remaining Stagnant And Manufacturing Cratering:
The Public Policy Institute In Albany, Which Uses U.S. BLS Data, Reported That Upstate New York “Lost More Than 31,000 Payroll Jobs Between October 2001 And December 2006.” “The most authoritative jobs numbers are widely considered to be those from the U.S. Bureau of Labor Statistics (BLS). Multiple analyses of its New York data show that upstate actually lost jobs during Clinton’s first term. For example, the non-partisan Public Policy Institute in Albany — which uses BLS data for a monthly snapshot of Upstate New York — reported that the region lost more than 31,000 payroll jobs between October 2001 and December 2006.” (Jerry Markon, “As senator, Clinton Promised 200,000 Jobs In Upstate New York. Her Efforts Fell Flat.,” The Washington Post, 8/7/16)
“During Her Overall Senate Tenure, According To The Institute, Upstate Jobs Rose 0.2 Percent Overall.” “During her overall Senate tenure, according to the institute, upstate jobs rose 0.2 percent overall, but manufacturing jobs fell 24.1 percent.” (Jerry Markon, “As senator, Clinton Promised 200,000 Jobs In Upstate New York. Her Efforts Fell Flat.,” The Washington Post, 8/7/16)
Manufacturing Jobs In Upstate New York Fell By “Nearly 25 Percent During Clinton’s Time In The Senate. “But nearly eight years after Clinton’s Senate exit, there is little evidence that her economic development programs had a substantial impact on upstate employment. Despite Clinton’s efforts, upstate job growth stagnated overall during her tenure, with manufacturing jobs plunging nearly 25 percent, according to jobs data.” (Jerry Markon, “As senator, Clinton Promised 200,000 Jobs In Upstate New York. Her Efforts Fell Flat.,” The Washington Post, 8/7/16)
While Failing To Uphold Her Promise To Her Constituents, Clinton Was In India Claiming The Outsourcing Of American Jobs Was "An Inevitability":
In Remarks From A 2005 Closed Door Presentation In India, Clinton Declared That Outsourcing Is "An Inevitability There Is No Way To Legislate Against Reality… Outsourcing Will Continue." CLINTON: "Perhaps some economic incentives to at least think very hard before those decisions are made, but you know it is an inevitability there is no way to legislate against reality, so I think that uh, the outsourcing will continue." (Hillary Clinton, Remarks At India Today Conclave, New Delhi, India, 2/25/05)
Clinton Blamed 9-11 And President Bush For Not Reaching Her 200,000 Jobs Goal For Upstate New York:
In April Clinton Was Grilled For Promising 200,000 New Jobs For Upstate New York During Her Time As A New York Senator, Blaming 9-11 And President Bush For Not Reaching Jobs Goal. REPORTER: "Again, you see particularly 'upstaters' recalling your time in the U.S. Senate and also recalling your pledge for the 200,000 jobs, right? And I know I've seen your comments since then, that you were overzealous or exuberant perhaps and your hope was that there would be a Democratic White House, which was not achieved. You're not making such pledges now, but do you think that you could boost job growth in upstate New York if you were in fact in the White House?" CLINTON: "I sure do. You know, three things happened; we had 9/11, which was devastating for the entire state, we did have The Great Recession and Republican policies, and we had a very difficult situation with the Bush administration not enforcing trade agreements." (Hillary Clinton, Interview With Capitol Tonight, 4/4/16)
Clinton Promised To Create 200,000 Jobs In Upstate New York When Running For Senate In 2000:
Clinton Promised To Create 200,000 Jobs In Upstate New York When She Campaigned For Senator In 2000. “She's reminded of it all the time around here, so Sen. Hillary Rodham Clinton couldn't have been surprised when her failed 2000 campaign promise to bring 200,000 jobs to economically desperate upstate New York became part of the latest presidential debate.” (Carolyn Thompson, “Fact Check: Clinton And Jobs Promised,” USA Today, 2/28/08)
Clinton Ran TV Ads “Just Before The Election” Touting Her 200,000 New Upstate Jobs Goal. “A day after announcing her 2000 candidacy, then-first lady Clinton vowed to infuse more than a half billion dollars into the upstate economy. A television ad ran just before the election, citing the 200,000 new jobs goal.” (Jerry Markon, “As senator, Clinton Promised 200,000 Jobs In Upstate New York. Her Efforts Fell Flat.,” The Washington Post, 8/7/16)
The Washington Post Headline: “As Senator, Clinton Promised 200,000 Jobs In Upstate New York. Her Efforts Fell Flat.” (The Washington Post, 8/7/16)
Clinton Massively Underperformed This Goal, With Job Growth In Upstate New York Remaining Stagnant And Manufacturing Cratering:
The Public Policy Institute In Albany, Which Uses U.S. BLS Data, Reported That Upstate New York “Lost More Than 31,000 Payroll Jobs Between October 2001 And December 2006.” “The most authoritative jobs numbers are widely considered to be those from the U.S. Bureau of Labor Statistics (BLS). Multiple analyses of its New York data show that upstate actually lost jobs during Clinton’s first term. For example, the non-partisan Public Policy Institute in Albany — which uses BLS data for a monthly snapshot of Upstate New York — reported that the region lost more than 31,000 payroll jobs between October 2001 and December 2006.” (Jerry Markon, “As senator, Clinton Promised 200,000 Jobs In Upstate New York. Her Efforts Fell Flat.,” The Washington Post, 8/7/16)
“During Her Overall Senate Tenure, According To The Institute, Upstate Jobs Rose 0.2 Percent Overall.” “During her overall Senate tenure, according to the institute, upstate jobs rose 0.2 percent overall, but manufacturing jobs fell 24.1 percent.” (Jerry Markon, “As senator, Clinton Promised 200,000 Jobs In Upstate New York. Her Efforts Fell Flat.,” The Washington Post, 8/7/16)
Manufacturing Jobs In Upstate New York Fell By “Nearly 25 Percent During Clinton’s Time In The Senate. “But nearly eight years after Clinton’s Senate exit, there is little evidence that her economic development programs had a substantial impact on upstate employment. Despite Clinton’s efforts, upstate job growth stagnated overall during her tenure, with manufacturing jobs plunging nearly 25 percent, according to jobs data.” (Jerry Markon, “As senator, Clinton Promised 200,000 Jobs In Upstate New York. Her Efforts Fell Flat.,” The Washington Post, 8/7/16)
While Failing To Uphold Her Promise To Her Constituents, Clinton Was In India Claiming The Outsourcing Of American Jobs Was "An Inevitability":
In Remarks From A 2005 Closed Door Presentation In India, Clinton Declared That Outsourcing Is "An Inevitability There Is No Way To Legislate Against Reality… Outsourcing Will Continue." CLINTON: "Perhaps some economic incentives to at least think very hard before those decisions are made, but you know it is an inevitability there is no way to legislate against reality, so I think that uh, the outsourcing will continue." (Hillary Clinton, Remarks At India Today Conclave, New Delhi, India, 2/25/05)
Clinton Blamed 9-11 And President Bush For Not Reaching Her 200,000 Jobs Goal For Upstate New York:
In April Clinton Was Grilled For Promising 200,000 New Jobs For Upstate New York During Her Time As A New York Senator, Blaming 9-11 And President Bush For Not Reaching Jobs Goal. REPORTER: "Again, you see particularly 'upstaters' recalling your time in the U.S. Senate and also recalling your pledge for the 200,000 jobs, right? And I know I've seen your comments since then, that you were overzealous or exuberant perhaps and your hope was that there would be a Democratic White House, which was not achieved. You're not making such pledges now, but do you think that you could boost job growth in upstate New York if you were in fact in the White House?" CLINTON: "I sure do. You know, three things happened; we had 9/11, which was devastating for the entire state, we did have The Great Recession and Republican policies, and we had a very difficult situation with the Bush administration not enforcing trade agreements." (Hillary Clinton, Interview With Capitol Tonight, 4/4/16)
The Latest Poll, Monmouth, is an A+ rated Pollster at Nate's place, based on past performance. With the sane R's that have some decency and integrity, publicly abandoning the idiot Drumpf, and more and more sane people of every persuasion realizing how dangerous and unstable he is, and would be for America, there's some hope this will be the absolute landslide and embarrassment of the idiot and his sheep, that it should be and needs to be.
[h=3]Polling Data[/h]
All General Election: Trump vs. Clinton vs. Johnson vs. Stein Polling Data
[h=3]Polling Data[/h]
| Poll | Date | Sample | MoE | Clinton (D) | Trump (R) | Johnson (L) | Stein (G) | Spread |
|---|---|---|---|---|---|---|---|---|
| RCP Average | 7/29 - 8/7 | -- | -- | 44.0 | 36.6 | 8.2 | 3.8 | Clinton +7.4 |
| Monmouth | 8/4 - 8/7 | 683 LV | 3.8 | 50 | 37 | 7 | 2 | Clinton +13 |
| ABC News/Wash Post | 8/1 - 8/4 | 815 RV | 4.0 | 45 | 37 | 8 | 4 | Clinton +8 |
| IBD/TIPP | 7/29 - 8/4 | 851 RV | 3.4 | 39 | 35 | 12 | 5 | Clinton +4 |
| NBC News/Wall St. Jrnl | 7/31 - 8/3 | 800 RV | 3.5 | 43 | 34 | 10 | 5 | Clinton +9 |
| Rasmussen Reports | 8/1 - 8/2 | 1000 LV | 3.0 | 44 | 40 | 6 | 3 | Clinton +4 |
| McClatchy/Marist | 8/1 - 8/3 | 983 RV | 3.1 | 45 | 31 | 10 | 6 | Clinton +14 |
| Reuters/Ipsos | 7/30 - 8/3 | 1072 LV | 3.5 | 42 | 38 | 6 | 2 | Clinton +4 |
| Economist/YouGov | 7/30 - 8/1 | 933 RV | 4.1 | 41 | 36 | 8 | 4 | Clinton +5 |
| CNN/ORC | 7/29 - 7/31 | 894 RV | 3.5 | 45 | 37 | 9 | 5 | Clinton +8 |
| PPP (D) | 7/29 - 7/30 | 1276 LV | 2.7 | 46 | 41 | 6 | 2 | Clinton +5 |
MEDIA IS LYING: See The 5 Facts That Prove Trump Is ACTUALLY Beating Hillary Badly * LIBERTY WRITERS NEWS
WWW.LIBERTYWRITERSNEWS.COM|BY PARIS SWADE
DON'T BUY THE MEDIA BS! Do You Want REAL Polls? For Saturday, August 6:
Wikileaks:
Trump 50%
HRC 22%
FOX News - on Economy
Trump 72%
HRC 28%
FOX News - on Terrorism
Trump 67%
HRC 19%
Facebook
Trump: 10,174,358 Likes Clinton: 5,385,959 Likes
Trump Live Stream Post — 21 hours ago: 135,000 likes, 18,167 shares, 1.5 million views
Clinton Live Stream Post — 25 hours ago: 11,000 likes, 0 shares, 321,000 views
Twitter
Trump: 10.6 million followers
Hillary: 8.1 million followers
Youtube Live Stream
Trump: Averages 30,000 live viewers per stream
Clinton: Averages 500 live viewers per stream
Instagram
Trump: 2.2 million followers
Clinton: 1.8 million followers
Reddit
Trump: 197,696 subscribers
Hillary: 24,429 subscribers Hillary for Prison: 55,228
Wikileaks:
Trump 50%
HRC 22%
FOX News - on Economy
Trump 72%
HRC 28%
FOX News - on Terrorism
Trump 67%
HRC 19%
Trump: 10,174,358 Likes Clinton: 5,385,959 Likes
Trump Live Stream Post — 21 hours ago: 135,000 likes, 18,167 shares, 1.5 million views
Clinton Live Stream Post — 25 hours ago: 11,000 likes, 0 shares, 321,000 views
Trump: 10.6 million followers
Hillary: 8.1 million followers
Youtube Live Stream
Trump: Averages 30,000 live viewers per stream
Clinton: Averages 500 live viewers per stream
Trump: 2.2 million followers
Clinton: 1.8 million followers
Trump: 197,696 subscribers
Hillary: 24,429 subscribers Hillary for Prison: 55,228
