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Dog Days of summer... and we're back!
Author: Raine    Date: 08/08/2016 13:00:37

Hello Everyone! Bob and I are back from our week in Florida.

I'm almost tempted to write a report. Instead, I spent the last few days catching up on the insanity that is the General Election season.

I have noticed that after tRumps awful bad horrific week, he went very quiet on Friday.

How bad was his week?

Perhaps his silence was due to the diligence he took in putting together his economic advisory council ahead of his speech that he will be delivering today in Detroit.
Donald Trump will propose a temporary moratorium on new financial regulations in an economic speech Monday in Detroit in an effort to draw a stark contrast with the domestic policies of Hillary Clinton, who he says “punishes” the American economy.


Trump will also propose a repeal of the estate tax, sometimes called the “death tax.” Under current law, the 40 percent tax applies only to estates larger than $5.45 million for individuals and $10.9 million for couples.

Getting back to his advisory team...
Of the 13 men — and they are all men — that Trump touted as economic advisers for their “unparalleled experience and success,” five are major donors whose families combined to give Trump’s campaign and his joint fundraising account with the Republican Party more than $2 million. Two more have been pursued for campaign contributions.


Trump praised his selections on Friday. “I am pleased that we have such a formidable group of experienced and talented individuals that will work with me to implement real solutions for the economic issues facing our country,” he said.

Others were less charitable, noting that Trump’s team lacks any women, for instance.

“He is following the path he has said was corrupt: raising large sums of money and then giving donors special access,” said Trevor Potter, president of the Campaign Legal Center and former chairman of the Federal Election Commission.

Steve Deace, an influential conservative activist in Iowa and anti-Trump radio host, said he was not surprised that Trump was granting his biggest donors titles and insider access. But he was still angry.

“It is complete and total hypocrisy,” Deace said.

It's not just hypocrisy, it's pure pay to play politics.
In addition to alienating his party, on Friday, Trump unveiled his economic policy Council which has gone over less than splendidly. All thirteen members are men, and that’s only where the lack of diversity begins. And to make matters even worse for the candidate, most of the members of his council are large donors to his campaign or the Republican National Committee, raising questions regarding his yearlong claim that he cannot be bought.

And the cherry on top of his economic council is that it is largely made up of bankers and hedge fund managers. There is only one economist in the bunch.


While Gingrich did his best to defend Trump, when asked by Chris Wallace regarding whether Trump’s tax and spending plan actually make sense, he admitted to the disconnect between the two.

The best Gingrich has to offer was that all candidates fudge a bit when it comes to offering tax and spending plans. “Historically, no candidates have numbers that add up,” Gingrich said.

However, even there, Trump seems to come up quite short. In the 2016 primary, Bobby Jindal’s tax plan would have increased the federal debt by $9 trillion, according to a conservative think tank. Similarly, Jeb Bush’s tax plan would have cost $8.1 trillion. And Mitt Romney’s $5 trillion tax cut in 2012 would have been impossible according to the nonpartisan analysts at Brookings, and would have required raising taxes on the middle class.

By comparison, Hillary Clinton has admitted that her economic plan would increase the national debt by about 2 percent, a figure which is orders of magnitude lower than all of her Republican counterparts.

And then, there is Donald Trump. Even by the analysis from Fox News, Trump’s plan would add $11.2 trillion to the national debt, by far the most of anyone else, and mostly fueled by tax cuts for the wealthy. That amounts to an almost 90% increase to the U.S. national debt.

I give trump 48 hours before he goes off the rails again. Maybe less now that this story is breaking.
Evan McMullin, a 40-year-old former CIA counterterror operative who is now the chief policy director of the House Republican Conference, will run for president as a third-party conservative alternative to Donald Trump, the group backing the candidate told ABC News today.

The group, Better for America, has been working for months on trying to select a candidate and get on ballots throughout the country. In some states, like Texas, they will likely have to sue to get on the ballot. It's an extreme uphill climb, but they are confident McMullin can act as a disruptor who they hope can peel off some red states in a race where some Republicans are still resistant to Donald Trump.

McMullin’s candidacy, backed by some Republicans, shows how the “Never Trump” movement is still working to upend Trump even with less than three months left in the general election. McMullin may be a long shot, but will have a legitimate organization behind him.

McMullin will file today and in a statement tells ABC News exclusively

You heard it from me, here, the House GOP is now terrified of losing its majority.

Happy August!



48 comments (Latest Comment: 08/08/2016 22:26:59 by BobR)
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