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Trump says the ‘Stock Market starting to look very good’ — after the worst investor panic in 2 years

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President Donald Trump boasted about the state of economy Monday afternoon, not even an hour after the markets closed on the worst day of investor panic in two years.

The S&P 500 lost 3.3 percent as fears about the spreading coronavirus outbreak spiked, and the Dow Jones tumbled 1,000 points. It was the worst decline since February 2018, CNN reported.

Analysts broadly agreed that the sudden stock market plunge was a result of the emerging coronavirus pandemic, which started in China but has spread to Italy, South Korea and elsewhere, triggering expectations that it could be harder to contain than had been hoped.

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“We are at a turning point in the Covid-19 epidemic,” Lawrence Gostin, a global health law professor at Georgetown University, told Vox, using the name for the specific virus. “We must prepare for the foreseeable possibility, even probability, that Covid-19 may soon become a pandemic affecting countries on virtually all continents.”

But amidst this news — and clearly fearful of the impact the outbreak could have on his policial standing — Trump is resorting to a blatant defiance of reality:

While there doesn’t appear to be a massive outbreak in the U.S. at this point, the virus’s spread in other countries makes its proliferation here a more significant possibility. (However, it’s far from clear how severe an outbreak would be, as the mortality rate from the infection is uncertain.)

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But the fact that Trump would tell such an absurd lie about the stock market on its worst day in two years is deeply disturbing. We need no new evidence that he’s an unrepentant liar, of course, but this kind of outright deception and effort to instill distrust of other news sources is extremely dangerous in the time of a public health emergency. Citizens and institutions need to be able to look to the government and the news media for reliable information to keep themselves safe. Trump has no interest in preserving this trust, however; he’s only interested in winning every individual news cycle.


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Trump adviser Larry Kudlow: ‘We don’t want to have’ voting rights protections get through Congress

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On CNBC News Thursday, President Donald Trump's economic adviser Larry Kudlow said that the administration does not want protection of voting rights to pass as part of the coronavirus stimulus package.

"So much of the Democratic asks are really liberal left wishlists we don't want to have," said Kudlow. "Voting rights, and aid to aliens, and so forth. That's not our game."

Talks between Congress and the White House are currently at an impasse. The administration is refusing to support outlays greater than $1 trillion, and the president has explicitly demanded there be no funding for the Postal Service, to keep voting by mail as difficult as possible.

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Black man adopted by white Alabama family fights for Confederate symbols: ‘I’m not going to take my flag down’

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A Black Alabama man this week said that he was fighting to save Confederate monuments because members of his adopted white family fought in the U.S. Civil War.

WHNT spoke to Daniel Sims outside the courthouse in Marshall County, where activists are calling for the removal of Confederate monuments. Sims said that he opposed the effort to take down the monuments.

"Regardless of how the next person feels, I'm not going to take my flag down," Sims said. "If I've got anything to do with it, ain't no monument going to come down."

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Viewers reject Sarah Palin’s advice to Kamala Harris

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Sarah Palin offered advice to Sen. Kamala Harris on running for vice president, but social media users didn't want to hear it.

The former Republican vice presidential nominee and one-time half-term governor of Alaska appeared Thursday on ABC's "Good Morning America," where she complained about the media coverage of her failed 2008 campaign alongside Sen. John McCain.

"A lot of the coverage of me was quite unfair," Palin said. "I hope that they will treat her fairly, but at the same time, no kid gloves ... the American voter wants to know that we have the most capable people running and who will be elected, regardless of gender, regardless of race."

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