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Trump’s frantic conspiracy mongering is a distraction from looming recession: columnist

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Economists have grown concerned that President Donald Trump’s trade wars with China will trigger a recession.

Writing in the Washington Post, columnist Greg Sargent points out that Trump is scared about the economy — so he’s resorting to lies and spreading conspiracy theories as a distraction.

“As President Trump prepares to run for reelection on the claim that his populist nationalist agenda has been a smashing success, it’s awfully telling that Trump and his advisers have now launched a frantic, multi-front effort to deny glaring truths about that agenda that are all right there in plain sight, for all of us to see,” Sargent writes.

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“Trump is increasingly explaining away warning signs of a potential recession by resorting to lurid conspiracy theories.”

Sargent points out that Trump’s attacks on the Fed point to his increasing desperation. Then there’s his usual strategy of blaming everything on the media. “Trump claims the Federal Reserve is working against him. He also says the “Fake News Media” is fabricating recession fears — and exaggerating the damage of Trump’s trade war with China, a key driver of those fears — to cloud his reelection chances.”

One of the ways Trump is trying to obfuscate the failure of his economic program is by boasting about the wealthy American consumer, even though his tax cuts primarily benefited the rich.

“It’s certainly possible that this story might work among just enough Rust Belt voters to drive an electoral college win amid an even bigger popular-vote loss this time,” Sargent notes. “But it’s clear that Trump himself fears his story is at serious risk of failing him.”

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John Bolton ripped Rudy Giuliani as a drug dealer and ‘hand grenade’: report

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Then-National Security Advisor John Bolton was reportedly shocked by the shadow foreign policy being conducted by Rudy Giuliani, a top former National Security Council official testified to Congress on Monday, The New York Times reports.

"The effort to pressure Ukraine for political help provoked a heated confrontation inside the White House last summer that so alarmed John R. Bolton, then the national security adviser, that he told an aide to alert White House lawyers, House investigators were told on Monday," the newspaper reported. "Mr. Bolton got into a sharp exchange on July 10 with Gordon D. Sondland, the Trump donor turned ambassador to the European Union, who was working with Rudolph W. Giuliani, the president’s personal lawyer, to press Ukraine to investigate Democrats, according to testimony provided to the investigators."

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‘Vladimir Putin has something on Donald Trump’: Ambassador Sherman says the Kremlin must have kompromat

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Former Deputy Secretary of State Wendy Sherman concluded on Monday that Russian Federation President Vladimir Putin must have "something" on President Donald Trump.

"The latest reporting from The New York Times indicates that the thousands of troops that we have there, that the president moved, are now trapped. They don’t have an actual way out since Turkey has cut off the roads and the exit routes that they might use and so now there is the question of will there be an airlift? How will we get the U.S. troops out?" MSNBC's Lawrence O'Donnell asked.

"We haven’t had to get troops out like this since the fall of Saigon," Sherman replied. "This is going to be very, very difficult."

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Mick Mulvaney implicated by Trump official who testified before Congress on Monday: report

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Acting White House chief of staff MicK Mulvaney was implicated by a former top National Security Council official during nine-hours of congressional testimony, The Wall Street Journal reported Monday.

The newspaper reported, "In her testimony, she detailed a July 10 meeting she attended with senior Ukrainian officials, then-National Security Adviser John Bolton, and other U.S. officials in which the U.S. ambassador to the European Union, Gordon Sondland, raised the issue of the investigations, the people said."

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