Quantcast
Connect with us

MSNBC anchor blasts Trump’s ‘lunacy’ after ‘a Twitter tirade that sent the Dow spiraling’

Published

on

President Donald Trump speaking to reporters on the South Lawn of the White House (screengrab)

The New York Stock Exchange closed down over 600 points on Friday as President Donald Trump’s trade war with China escalated.

MSNBC anchor John Heilemann said, “we’re hours away for the president taking off to the G7 summit in Bairritz, France, where allies are bracing for the Trump-fueled mayhem that is now 100% certain to ensue, with Trump like a drunken traveler in the departure lounge about to take a trip that he dreads, already sowing global chaos, days-long public meltdown typically moved from words to actions.”

ADVERTISEMENT

“Donald Trump beginning this day with a Twitter tirade that sent the Dow spiraling, closing down more than 600 points today and escalating his trade war with China with these norm-shattering, power-abusing words in this tweet,” he said, putting the tweet on-screen.

“But wait, there’s more,” he continued. “Donald Trump lashing out again today, even more wildly than usual at fed chair Jerome Powell, whom you may recall Trump appointed to that job and who this morning said that the trade war is partly to blame for the darkening U.S. outlook and partly Trump’s own fault.”

ADVERTISEMENT

“Donald Trump, president of the United States, comparing his own handpicked Fed chair to the authoritarian president of China,” he noted.

Watch:

ADVERTISEMENT


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Trump’s decision to block coronavirus aid to hard-hit states will cost 4 million jobs: analysis

Published

on

President Donald Trump's refusal to provide federal aid to states hit hard by the economic crisis sparked by the coronavirus pandemic would cost the country 4 million jobs, according to an analysis by Moody's Analytics.

Negotiations over the next phase of coronavirus relief have stalled as Trump attempts to circumvent Congress with unworkable and legally dubious executive orders that fall far short of the aid that would be included in any Congressional proposal. Though House Democrats already approved a $3 trillion relief bill including an extension on federal unemployment benefits and $1 trillion in aid to states and cities whose tax revenues evaporated amid coronavirus lockdowns, Trump and Senate Republicans have balked at both provisions.

Continue Reading

Breaking Banner

Greenland’s ice sheet has melted past the point of no return

Published

on

Greenland's ice sheet may have shrunk past the point of return, with the ice likely to melt away no matter how quickly the world reduces climate-warming emissions, new research suggests.

Scientists studied data on 234 glaciers across the Arctic territory spanning 34 years through 2018 and found that annual snowfall was no longer enough to replenish glaciers of the snow and ice being lost to summertime melting.

That melting is already causing global seas to rise about a millimeter on average per year. If all of Greenland's ice goes, the water released would push sea levels up by an average of 6 meters -- enough to swamp many coastal cities around the world. This process, however, would take decades.

Continue Reading
 

2020 Election

Trump’s campaign has plans to disrupt coverage of the Democratic convention: report

Published

on

According to a report from Politico, Donald Trump will be hitting the road next week where he will visit battleground states in an effort to steal headlines while the Democrats hold their national convention to select former Vice President Joe Biden as their presidential nominee.

With the physical convention set aside due to the coronavirus pandemic, the Democrats will hold a virtual convention that will feature a host of high-profile Democrats including former President Barack Obama and former First Lady Michelle Obama among others, and Trump's campaign wants to get the president out front of them and grab the limelight.

Continue Reading
 
 
You need honest news coverage. Help us deliver it. Join Raw Story Investigates for $1. Go ad-free.
close-image