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Wall Street terrified Trump’s election threats will trigger ‘social unrest’: report

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Donald Trump campaigns in Mosinee, WI (screengrab)

On Thursday, Politico reported that Wall Street bankers are prepared to adapt based on whoever wins the White House in November — but that the potential prospect of President Donald Trump refusing to accept an election loss is raising serious alarm.

“Wall Street can deal with whoever wins the presidential election this fall. What investors can’t stomach — and are increasingly nervous about — is a rapid descent into banana republic-style chaos, in which the result is either unclear for months or President Donald Trump loses but refuses to leave office,” reported Ben White. “Though Trump has repeatedly complained about the potential for widespread voter fraud — despite multiple studies suggesting such fraud is extremely rare — his latest warning came against a backdrop of rising angst nationwide about a polarizing fall.”

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Following his refusal on Wednesday to agree to a peaceful transition of power, Trump doubled down on his position the next day. He has suggested a key reason he wants to fill the vacant Supreme Court seat ahead of the election is to strengthen his legal position when he challenges mail-in ballots.

“The rising uncertainty about a post-Election Day fight is already spurring increasingly aggressive bets on Wall Street for a surge in volatility in the coming weeks,” continued the report. “Major stock indices have lost close to 10 percent since hitting Covid-era peaks at the start of September. The declines in recent weeks followed signs of softening in the economic recovery as well as fear of further deterioration without fresh economic aid from Capitol Hill.”

“There are a lot of factors pressuring the stock market right now and the potential for a hotly contested result is certainly one of them, especially as we are now inside 40 days til the election and we are in a time where there is already so much social tension,” said Janney chief investment strategist Mark Luschini. “This does have the potential to incite the kinds of protests we’ve seen and the metastasizing of social unrest. And investors would be more inclined to sell first and ask questions later.”


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Pro-Trump internet trolls tried to hijack Nickelodeon’s kid’s survey on who should be president — and failed

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On Tuesday, Nickelodeon hosted its "Kids Pick The President" straw poll, in which young viewers of the network give their own opinion on who should win the presidential election. The poll has no electoral significance, given that kids cannot vote and given that the survey methodology is not scientific and lets anyone opt in regardless of how it balances the sample.

Despite this, pro-Trump internet trolls reportedly sought to hijack the results, spreading the message to get people to flood the poll with votes for President Donald Trump.

In the end, however, they couldn't even do it. Joe Biden won the poll, 53 percent to 47 percent.

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2020 Election

Wisconsin sees ‘nightmare scenario’ of COVID cases — as Trump ignores medical advice for campaign rally

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Wisconsin residents saw a “nightmare scenario” situation unfold Tuesday as 5,262 COVID-19 cases rocked the state, resulting in 64 deaths as President Donald Trump held a large campaign rally with few masks and zero social distancing.

"This is no longer a slow-motion disaster," said Gregory Poland, director of the vaccine research group at Mayo Clinic in Rochester, Minnesota. "This is a disaster in warp speed. And it's maddening to me as a physician because a whole lot of people have died and are dying."

https://twitter.com/MJSphotog/status/1321224234270625794

According to the Milwaukee Journal Sentinel, the state Department of Health Services reported 5,262 new cases and 64 deaths Tuesday, both records far above any previous daily counts. The death toll now stands at 1,852.

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2020 Election

Trump’s website hacked and defaced to stop the ‘fake-news’ spread by the president: report

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President Donald Trump's website appeared to have been briefly hacked on Tuesday -- one week before the 2020 presidential campaign.

Visitors to the site briefly saw a fake DOJ takedown notice.

"This site was seized," the message read. "The world has had enough of the fake-news spreaded (sic) by President Donald J. Trump."

"It is time to allow the world to know the truth," the message continued.

The message also claimed "secret conversations" prove the Trump administration "is involved in the origin of the coronavirus."

There is no evidence that is the case, experts believe the virus originated in China.

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