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Trump’s fed nominee Stephen Moore gets ripped to shreds for lies about the economy: Washington Post columnist

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Washington Post columnist Catherine Rampell fact-checked President Donald Trump after his nomination for a vacancy at the Federal Reserve Board was based on “false” information.

Trump has allegedly picked his former economic advisor Stephen Moore to fill the position. Rampell explained that Trump made the decision after reading an op-ed in the Wall Street Journal authored by Moore and Louis Woodhill.

She said that the article claimed that “we’re experiencing deflation, and the way to address it is to follow a rule adopted by Paul Volcker in the 1980s.”

“Slight problem though: Both of those claims are flat-out false. There is no deflation, and Volcker never created the imaginary ‘rule’ Moore is now attributing to him. I know, because I asked Volcker — as Moore once suggested I do,” Rampell wrote.

She explained that Moore was unable to defend his position on CNN and when Rampell reached out to him.

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“On CNN, Moore said that we should follow the ‘Volcker Rule,’ which he claimed was a rule Volcker set when he was a chair in the 1980s that required linking interest rates according to movements in commodity prices,” she wrote.

Adding. “[What] I read through in recent days made no mention of such a rule, either, or even the suggestion that changes in commodity prices were the primary driver of interest rates during Volcker’s tenure. I consulted former Fed officials and Volcker biographer William L. Silber. No one had any clue what Moore was referring to.”

“There you have it. Trump has nominated to the world’s most powerful central bank a guy who has trouble telling whether prices are going up or down,” she said. “But hey, Republican senators still seem keen on him because “the establishment” keeps pointing out how inept he is.”

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Read the full column here.


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Trump’s ‘craziness’ will drive Mexico to find other sources of soybeans — permanently hurting US farmers: Ex-diplomat

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President Donald Trump believes he has worked out a killer trade deal with Mexico and Canada -- but one former Mexican diplomat tells Storm Lake Times columnist Art Cullen that the damage done to the relationship between the countries will have lasting ramifications for years to come.

Jorge Guajardo, who served for six years as Mexico's ambassador to China, recently explained to Cullen that Trump's erratic behavior has shown his country that it must look for other major trading partners so it doesn't run the risk of getting burned by the United States again.

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Yale psychiatrist: Trump using racism as a coping mechanism as his mental state rapidly deteriorates

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On Wednesday, President Donald Trump continued to attack the young congresswomen of color nicknamed "The Squad," after he was criticized for saying the women should go back to their own countries, even though all four are U.S. citizens. Now, he's doubling down.

On Twitter Wednesday he called the women "left-wing cranks." He added that they were free to leave if they don't like America.

Raw Story spoke with Dr. Bandy X. Lee about the President's racist tirades against Alexandria Ocasio-Cortez (D-NY), Ilhan Omar (D-MN), Rashida Tlaib (D-MI) and Ayanna Pressley (D-IL).

Lee is a forensic psychiatrist and an expert on violence at Yale School of Medicine. She helped launch a public health approach to global violence prevention as a consultant to the World Health Organization and other United Nations bodies since 2002. She is author of the textbook, “Violence: An Interdisciplinary Approach to Causes, Consequences, and Cures,” president of the World Mental Health Coalition, and editor of the New York Times bestseller, “The Dangerous Case of Donald Trump: 37 Psychiatrists and Mental Health Experts Assess a President.”

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This word is the single biggest tipoff that Trump is lying

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President Donald Trump exhibits a verbal tic that gives away some of his biggest whoppers.

The president tells demonstrable lies on a daily basis, but it's a "flashing red light" that he's lying when he recounts someone calling him "sir," according to CNN fact-checker Daniel Dale.

"Trump has told false 'sir' stories on all manner of subjects: health care, the Middle East, the courts, unions and -- just last week -- both tariffs and social media," Dale wrote. "But no genre of Trump story is more reliably sir-heavy than his collection of suspiciously similar tales about macho men breaking into tears of gratitude in his presence."

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