MSNBC’s Ali Velshi on Wednesday distilled the significance of President Donald Trump’s decision to nominate David Malpass, a harsh critic of the World Bank as well as multilateralism, to lead the international financial institution, saying it represented another step backward for the United States.
“The World Bank provides funding and financing for development projects in parts of the world” that most banks consider “too risky,” Velshi said. “The U.S. is the lead investor in that.”
“For many, many years, for decades, the World Bank and the International Monetary Fund were the only games in town, basically led by the United States,” Velshi continued, adding that while international development may not “a big priority” for the White House, it certainly is for China.
“They’ll go into Africa, they’ll go into all these countries and say ‘we’ll fund your dams and hospitals and all that,'” Velshi said, citing that country’s growing influence in the developing world. “America is once again retreating from an important world stage.”
Watch the video below.
Trump’s lawyers are trying to tell Appeals Court they actually won the taxes lawsuit — but are still appealing
President Donald Trump's lawyers sent out a bizarre letter to the U.S. Court of Appeals for the Second Circuit, making the case that they actually won their case to keep the president's taxes a secret. It's an odd take given that they're filing for an appeal.
Oct. 7, a federal judge dismissed Trump's efforts in a 75-page opinion calling the White House claim "extraordinary."
U.S. District Judge Victor Marrero explained that no occupant of the White House enjoys "absolute immunity from criminal process of any kind." Such a position "would constitute an overreach of executive power."
Nate Silver claps back at right-wing pollster for accusing him of fraud
One of the worst-performing national pollsters in the 2018 election cycle was Rasmussen Reports, a right-leaning outfit that is consistently the only one to show President Donald Trump with a net positive approval rating. In 2018, Rasmussen showed Republicans leading the generic congressional ballot by 1 point — but Democrats won the popular vote by 8.4 points.
Nonetheless, Rasmussen is proud of its methodology and particularly irritated when polling analyst and FiveThirtyEight founder Nate Silver points out their inaccuracy. Over the past two weeks, they have twice accused him of "fraud" and characterized his analyses as "corrupt."
Trump told Republicans he didn’t care ‘about terrorists 7,000 miles away’
President Donald Trump reportedly doesn't care about terrorists, according to sources inside the room after Democrats abandoned the Wednesday meeting with the president.
Washington Post Congressional reporter Mike DeBonis said that the president said "several times" in the meeting that he isn't concerned about terrorists that live 7,000 miles away.
The source said that Rep. Liz Cheney (R-WY) had to remind the president that the Sept. 11 terrorists "came from 7,000 away" themselves.
The president has neglected to understand terrorists can attack the U.S. on North American soil as well as at embassies, military bases, international sporting events, or even Trump's properties. It would be simple for ISIS to use a car bomb to attack Trump's property in Indonesia, as an example.