TURKEY’S ERDOGAN GOES ALL IN 5-24-2017

One thing you can say about Turkey’s Erdogan is he is playing the Restored Ottoman Empire card to its logical conclusion. Besides having his bodyguard/thugs pound peaceful Kurdish demonstrators badly enough they needed to go to the ER, he has shown he is quite willing to seize as much of Northern Syria as he can get away with. Turkey, besides being a known supporter of ISIS, has engaged in routine military actions against Kurds inside of Syria. Turkey has shelled them with artillery, sent troops in to kill them, and bombed them with its F-16’s. Turkey is a NATO member, which means NATO has been directly engaged in attacking Kurdish forces that have been fighting ISIS. Erdogan has now been voted in as dictator, if not for life, at least until 2026 or so. The man really does think he is the new leader of a restored Ottoman Empire, and he really is willing to take any actions he can to make that happen.

Erdogan is now rolling the dice and moving in for the final kill of any Kurds in Syria who dare to not knuckle under to his military and political goals. The link below shows just how far Erdogan is willing to go to occupy Northern Syria and annex it to Turkey itself.

http://en.farsnews.com/newstext.aspx?nn=13960303000841

Turkey to Form 10,000-Fighter Army to Battle Kurdish Forces in Northern Syria

TEHRAN (FNA)- Sources in the Free Syrian Army (FSA) militant group disclosed that Ankara is about to form a new army of 10,000 FSA fighters to take part in battles against the Kurdish forces in Northern Syria.

The sources were quoted by the Arabic desk of Sputnik as saying that Turkey has a plan to form a new 10,000-member army from the Ankara-backed FSA militants to use them in battles against the Kurdish forces in a vast region staring from Jarabulus in Northern Aleppo to Idlib.

The sources added that the FSA militants are due to go under a 3-month training course and a further 45-day training by the Turkish Special Forces.

Sputnik went on to say that the FSA members that are to go under training will receive $300 as their monthly salary, while the Turkish side will also provide the FSA fighters with food and housing.

The sources told Sputnik that the operations in the towns of Afrin, Manbij and Tal Abyadh is the main objective of this new army.

Meantime, the people in al-Bab city in the Northern parts of Aleppo rallied to protest at the Turkish army and its allies’ deployment in the region.

Local sources in al-Bab reported on Monday that people held protest rallies in Sheikh Aqil district of al-Bab which was occupied by the Turkish army and Ankara-backed militants.

They added that tens of people in the region carried placards to protest at Ankara and President Recep Tayyip Erdogan’s policies.

They also chanted slogans including “Erdogan listen! We don’t obey your cruel army. This place belongs to us”.

The rally was held after Turkey’s Deputy Prime Minister Veysi Kaynak said the country was considering establishing a base near the Syrian city of al-Bab.

Kaynak said location of the base currently being considered by the Turkish General Staff was Aqil Hill, West of al-Bab.

The Turkish military established a temporary base at the strategic site after capturing it in February and was considering turning it into something more permanent since.

Speaking after a trip to Bosnia and Herzegovina, Kaynak added that Turkish military presence in the area was reduced from 8,000 at the peak of the Operation Euphrates Shield to 1,500.

Turkey sent its military into Syria in August last year to prop up local militias allied with Ankara against ISIL and Kurdish forces. The confrontation with Syrian Kurd militias, which Turkey considers an off-shoot of the Turkish-based militant movement Kurdistan Workers Party (PKK), put Ankara at odds with the US.    

The next link indicate the level of US support for the Kurds who will likely be fighting this new Turkish force in a few months.

http://www.rudaw.net/english/middleeast/syria/24052017

Over 100 trucks loaded with US arms, ammo arrive in Syria’s Rojava – Turkish media

ERBIL, Kurdistan Region— A new batch of US arms and ammunition has arrived in the Kurdish controlled city of Hasaka, second such shipment in two months, Turkish media reported Tuesday.

The shipment, loaded on trucks and military vehicles, consisted of anti tank weapons, MK19, M4 Cabrine, M16 and Humwees and crossed the Semelka border into Syria from the Kurdistan Region on two separate occasions, May 15 and May 20, the media reports said. The US-led coaltion and the SDF haven’t yet announced the delivery.

 

According to multiple Turkish media outlets, the shipments were delivered to the Syrian Democratic Forces (SDF), an umbrella group which also includes the Kurdish People’s Protection Units (YPG).

 

US President Donald Trump has approved a plan to arm the Syrian Kurdish fighters — an important U.S. ally in Syria in the fight against ISIS.

The Pentagon has said the move is significant because it supports the notion that the SDF is the fighting force that will eventually go in to Raqqa city in Syria’s center which has been under ISIS control since 2014.

The move reinforces the idea that the entire Syrian Democratic Force, Syrian Kurds (YPG) and the Syrian Arab Coalition, has the backing of the U.S. 

“The (Syrian Democratic Force), partnered with enabling support from U.S. and coalition forces, are the only force on the ground that can successfully seize Raqqa in the near future,” chief Pentagon spokesperson Dana White said in a statement on May 8 after signing the deal to arm the SDF.

No final dates have been set for the Raqqa offensive yet.

Turkey, a key US ally, sees YPG as a “terrorist” organisation and has vehemently opposed Washington’s intentions to include the Kurdish group in the operation. Ankara has instead proposed using the formation of Syrian rebel factions under the umbrella of its Euphrates Shield operation to launch the offensive.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

 

COMEY IS ROYALLY SCREWED 5-18-2017

It is with great joy I can write that former FBI Director Comey is now hoisted upon his petard. The man who destroyed the rule of law in the USA by refusing to investigate clear corruption by Hellary the Shrew, her AG lapdog, Lynch and other examples of evil too numerous to mention, is now facing perjury charges. Of course, this assumes the spineless, gutless, RINOS have the cajones to truly go after him. Comey was fired by POTUS Trump for gross negligence and incompetence. Comey, using Deep State media shills, then leaked various memos saying that Trump told him to stand down on the Flynn investigation relating to Russia. Comey also implied that Trump told him to stand down on the investigation into Russian interference in the 2016 election. Obviously these charges by Comey are serious and potentially devastating to Trump if they are true. They are not true and reveal the hysteria and squalor of the Deep State, the Democrats, and Comey himself.

Comey testified before Congress on May 3rd, 2017. During that testimony, under oath and subject to perjury charges, Comey stated that Trump had not obstructed either the investigation into Flynn, or the Russia. The Deep State then got a Special Prosecutor appointed to investigate so-called Russian election hacking. Unfortunately for Comey, he can’t have it both ways. He can’t say on May 3rd Trump didn’t obstruct him, and now say, in his famous leaked memo, that he did. The link is here.

http://www.thegatewaypundit.com/2017/05/smoking-gun-comey-testified-oathtrump-never-pressured-fbi-halt-investigations/

SMOKING GUN=> Comey Under Oath: Trump NEVER Pressured FBI to Halt Investigations “It’s Not Happened”

Former FBI Director James Comey testified under oath May 3rd that the Trump administration had not pressured his agency to halt any investigation for political purposes.

The bottom line for the disgraced Comey is he has now openly committed perjury in his testimony before Congress. Comey can’t have it both ways. If Trump obstructed the FBI, then Comey should have said so on May 3rd. The fact Comey is now saying he did means he was negligent in not reporting it on May 3rd. The leaked memo sent to the Deep State media sources is clearly a lie designed to embarrass Donald Trump. As such, it is actionable under libel and slander laws. Further, it is actionable under laws relating to the release of secret information, much as Hellary was likely to be charged for her email server. At any rate, Comey is now totally subject to criminal prosecution for fraud, corruption and leaking of false information.

In other news, we see again why Trump’s immigration measures against terror are a great idea designed to keep American citizens safe. It was only a matter of time before the USA was hit with a vehicle terrorist act. The link is below.

http://www.thegatewaypundit.com/2017/05/photos-suspect-times-square-attack-12-injured-one-dead/

http://www.thegatewaypundit.com/2017/05/speeding-car-strikes-10-pedestrians-times-square-least-one-person-dead/

While the driver certainly appears, at least to me, to be dark skinned and possibly of Middle Eastern descent, the usual PC media rules apply. These are: if the person is a minority then you can wait hours for that fact to be announced by the media; however, if it is a white, preferably a deplorable wearing a MAGA hat, then that info is immediately released. The longer it is before this info is released will mean we are dealing with a terror attack. Again, it could be a drunken fool we are dealing with here.

The final blog comment relates to the endless games our neo-con warmongers, now infesting the Trump administration, play in Syria.  I guess Israel stating they want to murder Assad Junior, or Erdogan’s thugs beating up Kurdish protest marchers in our capital wasn’t enough to get things fired up. Trump goes to the Middle East on a peace trip, and the neo-cons bomb Assad’s troops. Yep, no connection there at all.

http://www.thegatewaypundit.com/2017/05/breaking-us-coalition-air-strike-hits-pro-assad-forces-southern-syria-video/

 

The U.S. military carried out an air strike on Thursday against militia supported by the Syrian government who had moved against U.S.-backed fighters in the country’s south, a U.S. official told Reuters on Thursday.

The official, who spoke on condition of anonymity, said the strikes took place near the town of At Tanf and followed warning shots by U.S. aircraft meant to dissuade the fighters.

 

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

PUTIN TRUMPS TRUMP IN SYRIA 5-4-2017

Trump isn’t really doing very well this week. First, he got played by Lying Ryan, Schumer and gang into abandoning his core promise of building a border wall. Sorry, but that ain’t going to happen, so we can just add it to the long list of betrayals Trump has done his first 100 days. Still, I voted for him, had some hope for him, and am bitterly frustrated Trump turned out to be a New York City, Liberal Democrat, with a big mouth and an  even bigger ego. I guess Trump won’t figure out how badly he has damaged himself until he goes to one his rallies and nobody shows up.

If there is one foreign policy place where Trump staked his reputation, it was Syria. After all, as after dinner entertainment for the Chinese Prime Minister, Trump sent 60 missiles to blow up a Syrian Air Base, based on flawed intelligence from the alphabet agencies that despise him, and lie to him daily. The result was the real adults in Syria; namely, Iran, Russia, Turkey and Assad decided they had enough of Trump’s ego. The result is today’s press release saying that Iran, Turkey, Russia and Assad have now subdivided Syria into “no fly zones,” and the US is no longer a factor in Syria. Trump, or more likely his neo-con warmongers filling his cabinet and agencies, must not have got that memo. Assuming Trump is even being notified of what his neo cons are up to, which is questionable, the US has now deployed significant military assets DIRECTLY ON THE TURKISH BORDER WITH NORTHERN SYRIA. In other words, the US is now in a proxy war with a NATO member run by a raving lunatic, Erdogan, who just got voted as dictator until 2026. Yep, Trump sure negotiated a good deal out of that one.

Putin, well Putin is licking his chops, Iran is sneering at us, and Turkey is digging new artillery positions on its  border in preparation for the war they know is coming in Syria. The whole reason all of this overthrow Assad Junior stuff started was because the globalist, neo cons wanted a oil/natural gas pipeline from Quatar to Europe in order to cut off Russian gas and oil deliveries to Europe. From such globalist mind games, we do end up with shooting wars. Well, Putin has just derailed that completely with his no fly zones that prevent the USA from doing much of anything in Syria. Russian and Iranian COMBAT FORCES are now openly deploying into these no fly zones. You can be sure they will be defended with the S-400 air defense systems, which rules out any more Trump missile attacks, or Israeli bombing attacks, although whether Turkey will keep bombing the Kurds is an open question.

 

Putin is plus one hundred on this, since he has now met all of his goals in Syria. Iran is a plus 200 on Syria, since they not only have met all their goals in Iraq, Syria, but they got that cretin and traitor Obama to pay them several billion dollars in cash and gold. Oh yeah, Iran is a huge winner with this announcement today.

The link is below.

https://www.rt.com/news/387105-syria-talks-safe-zones/

 

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

Russia, Iran, Turkey sign agreement on creation of Syria safe zones

BYE, BYE MUNICIPAL BOND MARKET 5-3-2017

In between the ongoing social anarchy, Soros funded sedition, congressional folly, looming war with North Korea, we can now add the official collapse of Puerto Rico’s 70 billion dollars worth of debt/bonds. It only takes one rock falling to start an avalanche. While $70 billion, in a sea of derivatives, bonds and debt that rises into the hundreds of trillions, may seem like small fry, Puerto Rico now calls into question the entire US bond market at the city, county, state and federal level. Puerto Rico has brazenly borrowed a truly obscene amount of money, squandered it, and has near zero ability to pay it back from current revenue. Of course, that means Lying Ryan, who has had his corrupt paws over the so called bailout, is going to have to come up with some more money. We see in our liberal cities, and places like the third world cesspool Puerto Rico just what happens after decades of liberal Democratic Party control of finances. The Republicans are equally squalid of course, but it takes a Democratic City Mayor, or governor in the case of PR, to really screw things up.

Obviously, the bonds were mostly sold to pension funds, or bundled into toxic debt bonds, so the people who ended up owning them will get screwed also. What the result of that will be is to call into question whether any municipal bonds can be repaid. It will clearly also limit the ability of government entities, ranging from cities and counties, to utilities, colleges, schools, and pretty much any government blob that wants to fund repair, or overhaul of say, a sewage or water system. Portland, Oregon, after spending a bunch of money to clean up the riot debris, has a school bond for $700 million on the ballot. Well, the backblast from PR may mean the interest rates will be higher. The reason being the risk for people buying municipal bonds  just went up and buyers will charge an interest premium to cover that increased risk. Face it, the USA is, and has been for decades now, functionally in default due to the trillions in UNPAYABLE DEBT. Yes, Virginia, the $20 Trillion Federal debt is never going to be paid off, anymore than the vast amount of student loan debt, or bond debt will ever be. PR is merely the shot over the bow of the USS Default. I see it is being called a “restructuring of debt.” LOL It is a default plain and simple.

The link is here.

http://www.zerohedge.com/news/2017-05-03/puerto-rico-seek-bankruptcy-protection-launching-largest-ever-us-municipal-debt-rest

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

Puerto Rico Files For Bankruptcy Protection In Largest Ever US Municipal Debt Restructuring

Update: PUERTO RICO FEDERAL BOARD FILES BANKRUPTCY CASE IN U.S. COURT

* * *

As per our report last night that following the expiration of the litigation freeze, Puerto Rico’s creditors had filed a barrage of lawsuits against the insolvent Commonwealth a bankruptcy was imminent,  moments ago Puerto Rico’s governor announced the commonwealth will request bankruptcy protection of a portion of the island’s $70 billion in debt, setting up a showdown with Wall Street firms owed billions of dollars, in what will be the largest-ever U.S. municipal debt restructuring and further complicating the U.S. territory’s efforts to pull itself out of a financial crisis.

The Puerto Rico restructuring would be far larger than Detroit’s record-setting bankruptcy, with little to no details how long a court proceeding would last or what cuts would are imposed on bondholders. The island’s financial recovery plan covers less than a quarter of the debt payments due over the next decade.

Cited by AP, Gov. Ricardo Rossello said Wednesday that a federal control board overseeing the island’s finances has agreed with his request to put the debts before a court. He told reporters that he has requested that the U.S. territory’s federal financial oversight board commence a Title III proceeding under last year’s Puerto Rico rescue law known as PROMESA. Title III is an in-court debt restructuring process similar to U.S. Bankruptcy.

“We have reached this decision because it protects the best interests of the people of Puerto Rico,” Rossello said.

“The board has agreed to submit Title III protection immediately and they will submit it.”

According to the WSJ, “the governor said he would petition Puerto Rico’s federal oversight board to invoke a quasi-bankruptcy law that puts its standoff with creditors before a judge. His decision marks the start to what could be a lengthy legal fight as Wall Street watches closely to see how other indebted municipal governments may fare in confrontations with investors.”

As a reminder, Puerto Rico and its agencies owe $73 billion to creditors, dwarfing the roughly $18 billion owed by the city of Detroit when it entered what was previously the largest municipal bankruptcy in 2013.

Finally, Bloomberg notes that the financial collapse promises to impose deep losses on bondholders who for years snapped up Puerto Rico’s securities, even as the government contended with a shrinking economy and chronic budget shortfalls. U.S. states can’t file for bankruptcy, and investors bought the bonds assured that it wasn’t a legal option for Puerto Rico either.

BBG further adds that Rossello’s latest offers to creditors last week shows the commonwealth believes general obligations should receive a better recovery than its sales-tax bonds. The latest proposal offered as much as 90 cents on the dollar to general-obligation bondholders. One such bond due in 2035, was among the most actively traded at a price of 66, up from 64.7 on Tuesday.

PORTLAND SNOWFLAKES RIOTING AGAIN 5-1-2017

SECOND UPDATE: It looks like Downtown Portland really got lit up today by the Soros funded terrorists. One police car destroyed, multiple fires set, much damage to property included smashed windows. The link to PPD Twitter is here.

UPDATE: The Portland Police have now arrested up to 24 rioters. The link is here.

http://www.kgw.com/news/politics/may-day-protests-expected-monday-in-portland-across-us/435436532

The Snowflakes in Portland are at it again. The May First chaos is now unfolding all around me here in downtown Portland. We have several different demonstrations ongoing. We have the illegals, the Snowflakes, the anarchists and the anti-Trump crowd. They are wandering around downtown, screaming “Get out of the Way,” and other slogans. The Portland police have been liberal in their use of flashbangs and tear gas. At least one fire was set by the “demonstrators,” down on 4th and Morrison. Right now, I can hear the police using loudspeakers ordering the rioting mob to disperse. This I can hear as I type this. Like I said, it is all around me. The riot police have deployed several times, and I just heard two more flashbangs. The demonstrators are also using M-80’s in response.

At any rate, I fully expect near total chaos when the warm weather of summer arrives. Soros, the author/funder of all our troubles will make sure of that. Why Sessions hasn’t thrown Soros in jail is beyond me.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

TRUMP SCORES A BIG HIT 4-26-2017

Trump is really starting to annoy me with his constant flip-flops followed by sound policy decisions, intermingled with comments from the Rasputin couple; namely, Jared Kushner and Ivanka Trump. It feels like riding one of those monster roller coasters that leave your stomach in the air while you hurtle down. When Trump is in is populist mode, I like him; when he is in his neo-con warmonger, globalist stooge, bankster, Wall Street whore mode, I dislike him intensely. At any rate, the various links below will highlight Trump’s two steps forward, and one step backward modus operandi.

First, we have Ivanka Trump apparently deciding she is in charge of the refugee program and it is good to allow a tidal wave of Syrian refugees to enter the USA. I must have missed the memo allowing her to make refugee policy. I also missed the memo on Jared Kushner going to Iraq and acting like the Secretary of State. The link is below.

http://www.breitbart.com/video/2017/…ugh-by-itself/

Ivanka Trump: Opening Border to Syrian Refugees ‘Has To Be Part of the Discussion,’ Won’t Be Enough By Itself

During a portion of an interview broadcast on Wednesday’s edition of NBC’s “Today,” Ivanka Trump said that opening the border to Syrian refugees “has to be part of the discussion, but that’s not going to be enough in and of itself.”

Ivanka said, “I think there is a global humanitarian crisis that’s happening, and we have to come together, and we have to solve it, and –.”

She was then asked, “Does that include opening the borders to Syrian refugees in –?”

Ivanka responded, “That has to be part of the discussion, but that’s not going to be enough in and of itself.”

Next, we have the ongoing budget/shut down the government farce. Trump is again listening to Lying Ryan with the predictable negative results. Trump is apparently okay with no border wall funding, funding of both Obamacare and Planned Parenthood. The link is here.

Flipper-In-Chief: Trump Caves On Obamacare Subsidies To Avoid Government Shutdown

http://www.zerohedge.com/news/2017-0…riday-shutdown

Flipper-In-Chief: Trump Caves On Obamacare Subsidies To Avoid Government Shutdown

Finally, some good news from Trump. His newly released tax plan is, in my opinion, brilliant. It fulfills his campaign promise to provide tax relief to the working poor and the middle class. First, a few facts related to who pays Federal Income Tax. The basic income groupings in the USA today are $18,000, 36,000, 72,000, 115,000 and finally, 250,000 dollars. The vast majority of American taxpayers are from these five groups. I believe, as in read it somewhere a while ago, one half of all taxpayers earn less than $36,000 per year. It may even be one half earn less than $18,000. At any rate, some 90 percent of all American taxpayers earn less than $115,000, and it may even be $72,000 per year. The only thing George Bush junior did of any value was to increase the standard deduction and personal exemption to $10,000 way back in 2001 or so. By doing this, he removed a chunk of low income workers, ie the working poor, from the tax rolls. Trump has taken this idea of tax equity and run with it.

As I understand it, and the details are still being hashed out, Trump is going to raise the amount of income that triggers any tax to $24,000 per person. This will allow Trump to remove millions of low income working poor and lower middle class wage earners from paying any federal income tax at all. Further, it will be a significant reduction for married couples with two children. If you do the math, it means every single worker who earns $18,000 or less will owe not one dime in federal taxes. Further, by eliminating all deductions, other than the home and charitable ones, he will vastly simplify filing income taxes. Granted, the high tax states, all blue states by the way, will lose their ability to deduct state taxes from income. I have no problem with that at all.

The result of all this will be people making $18,000 will pay no taxes. People that make $36,000 per year, which is nearly one half of all taxpayers if my figures are correct, will only pay a fifteen  percent tax rate on one third of their total income. They will pay taxes on $12,000 dollars out of $36,000. The $72,000 per year will also likely pay either a fifteen percent to twenty five percent rate on only two thirds, $48,000, of their income. I assume everybody over $115,000, or maybe $250,000 will pay the reduced tax rate of 35 percent. Again this is a massive tax reduction of both individuals and families. The typical four person family, Dad, Mom and the two kids will shield the first $96,000 of their income from ANY FEDERAL INCOME TAX. People making under $24,000 will pay NO FEDERAL INCOME TAX AT ALL. People making between $24,000 and $240,000 will also pay less income tax because they will pay a lower rate, on less taxable income. Like I said, this is BRILLIANT. Trump scores damn near a home run on this. The Democrats, well the Democrats are going to choke on their usual “cut the taxes on the rich mantra.” The reason is most of the tax benefits will go to workers earning less than $24,000 per year, which is exactly where the populist Trump needs it to be. The corporate tax rate will be cut from 35 percent to 15 percent. I also have no problem with that because it will bring back literally TRILLIONS of dollars worth of corporate profits stashed in overseas banks. After all, the reason the money is there is because they refuse to pay the current 35 percent tax rate. Again, the corporations may decide to leave the money overseas, but Trump is correct that it is reasonable to assume they will “repatriate” it.

The links are here.

#BREAKING: Trump proposes sweeping tax reform with major cuts to individuals and businesses http://hill.cm/4IM5ZAC

http://www.fox10phoenix.com/news/250872445-story

WASHINGTON – (AP) — President Donald Trump is proposing “the biggest tax cut” ever, even as the government struggles with mounting debt, in an effort to fulfill his promises to stimulate job creation and middle class prosperity.

White House officials on Wednesday were to release broad outlines of a tax overhaul that would provide massive tax cuts to businesses big and small. The top tax rate for individuals would drop by a few percentage points, from 39.6 percent to the “mid-30s,” according to an official with knowledge of the plan.

Small businesses would see their top tax rate go from 39.6 percent to the proposed corporate tax rate of 15 percent, said Treasury Secretary Steven Mnuchin in a Wednesday morning speech.

Mnuchin said the proposed overhaul would amount to “the biggest tax cut” and the “largest tax reform” in U.S. history. He said the lower tax rate for small business owners — a category that under current legal definitions could include doctors, lawyers and even companies such the Trump Organization — would not be used as a loophole for the rich to reduce their tax burden.

But the Treasury secretary declined to say there would be no absolute tax cut for the wealthy, a promise he made last year during a TV interview. “Our objective is simplifying personal taxes,” he said.

The plan will not include provisions to increase spending on infrastructure projects, one possible sweetener that could help gain congressional support.

The proposal faces a massive hurdle in that lower rates would blow a hole in the budget, possibly causing the national debt to soar by more than a trillion dollars over a decade.

Without additional revenue sources to offset the tax cuts, the broad proposal would need Democratic support to clear the required 60 votes in the Senate. Congressional Republicans could pass changes on their own with a simple Senate majority, but that would only be temporary under Senate rules.

Mnuchin said he would like the tax overhaul to be permanent, but “if we have them for 10 years, that’s better than nothing.”

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

TRUMP BITES THE DUST 4-25-2017

If there was one, defining “Trumpism” during his campaign and first one hundred days, it was “Build the Wall.” It was make Mexico pay for the border wall. It was to have started construction of it during the first one hundred days. Well, blog readers, as in so many other “Trumpisms,” like China as a currency manipulator, or NATO is a farce run by mooches, or repealing Obamacare, or the Export/Import Bank is a corporate piggy bank, or not appointing swamp dwellers to key positions, Trump has shown he really is what I feared him to be; namely, a New York City scam artists. Granted, Trump has given us Gorsuch for the Supreme Court. Granted, Trump, at least up to now, has been fairly good on illegal immigration, despite Trump’s repeated appointments of left over Obamabots, globalist stooges, banksters and Wall Street whores like Kushner, Cohn and others.

I could live with some of that. I can’t live with the neo-con warmonger mode, bombing Syria based on CIA lies and deceptions, threatening to throw the hero of Wikileaks, Julian Assange, into jail for treason, baiting North Korea, and generally speaking, flip flopping on his campaign positions on a daily basis. However, the ONE promise he made, and the one promise that must be kept, other than throwing Hellary Clinton and her crime cabal in jail, which of course Trump backtracked on that one, is to build the border wall.

I have said that leaving Lying Ryan intact as House Speaker may very well become the fatal mistake of the Trump administration. Lying Ryan screwed Trump on Obamacare repeal. Lying Ryan is now screwing Trump on his critical campaign promise. Lying Ryan is going to not put any money in the budget for Trump’s “biggly, yuggely, border wall.” By doing do, Lying Ryan, the ultimate Never Trumper, will stick the knife in deep and twist. Trump, who foolishly left Ryan in place, will suffer the total collapse of his administration. Trump will, and has, lasted, endured much during his political white water rafting ride, but Trump will never endure not building the border wall. Lying Ryan has effectively ended Trump’s administration in the first one hundred days. Trump will go to his rallies and say, “I didn’t really mean that either.” Trump’s deplorable supporters will ignore Trump when he screws up foreign policy, and they will ignore his errors on a whole lot of things, except on the Supreme Court, the economy and illegal immigration, especially the border wall. I will put it plainly: either Trump has a functional, effective border wall under construction, not completed, by June 30th of this year or he is finished as POTUS.

Trump owns Lying Ryan and every single action, stab in the back, Lying Ryan has done. When, not if, Lying Ryan cuts the border wall funding out of the budget, Trump is finished. Lying Ryan will say he will include it next year, but that is just more Lying Ryan lies.

 

The link is here. The story below.

https://ca.news.yahoo.com/trumps-big-beautiful-wall-collides-congress-102804089.html

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

WASHINGTON — President Trump reportedly backed off his demand that Congress include a down payment for a wall spanning the entire U.S.-Mexico border in a crucial spending bill that must pass by Friday night to keep the government funded.

Republican lawmakers have urged the president to focus on border security in general instead of the wall, which Democrats have called a poison pill that would cause them to reject the bill and shut down the government.

Trump told a group of conservative reporters he invited to the White House on Monday that he was open to getting funding for the wall in September when Congress debates the 2018 budget, the Associated Press reported. This is a sharp reversal from his position over the weekend and early Monday, when he doubled down on his demand for the wall. Trump tweeted repeatedly that the wall is necessary to stop the flow of drugs into the United States.

“If the wall is not built, which it will be, the drug situation will NEVER be fixed the way it should be!” Trump exclaimed Monday, adding: “#BuildTheWall.”

On Tuesday morning, the president claimed he had not changed his position on the wall as the “fake media” was claiming, but he didn’t specify whether he still believed he would get the funds in this week’s spending bill, which increasingly looks like a political impossibility.

Don’t let the fake media tell you that I have changed my position on the WALL. It will get built and help stop drugs, human trafficking etc.

The president may have realized that with Democrats ready to shut down the government over the wall and many lawmakers in his own party skeptical of it, there was little chance of reaching a deal on his signature campaign promise before the Friday night deadline. Some critics noted that Trump had long promised that Mexico — and not the U.S. — would pay for the wall’s construction.

Minority Leader Chuck Schumer, D-N.Y., praised Trump in a statement for taking the wall “off the table.” He had earlier called the demand a “monkey wrench” the president had thrown into sensitive negotiations between the parties over a series of spending bills to keep the government funded for the next five months.

A view of the U.S.-Mexican border fence at Playas de Tijuana in Mexico. (Photo: Justin Sullivan/Getty Images)

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A view of the U.S.-Mexican border fence at Playas de Tijuana in Mexico. (Photo: Justin Sullivan/Getty Images)
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But it’s possible the president will find a way to declare victory even if his call for a wall goes unanswered by Congress. Several Republican senators urged the president to think of the “big, beautiful wall” he promised on the campaign trail as symbolic of border security in general. That way, the president could declare any increase in border spending in the spending bill a victory, right as his presidency passes the symbolic 100-day mark on Friday.

“Border walls and fences are part of an overall plan, but there will never be a 2,200-mile wall built. Period,” Sen. Lindsey Graham, R-S.C., told reporters Monday evening. “I think [the wall] has become symbolic for better border security. So it’s a code word for better border security.”

Graham said the president would still be in “good shape” if he gets funding for border security in the spending bill that’s not specifically for a wall.

Congress readies for border wall fight neither party seems to want

Sen. Thom Tillis, R-N.C., also pushed for interpreting “border wall” as border security in general. “I know it’s being generally referred to as a border wall, but I think it’s the efforts to make sure that Border Patrol can have adequate funding for the people, technology and infrastructure they think they need to secure [the border],” Tillis said. “I think we can be less prescriptive about exactly what the structure looks like and more focused on the fact that we need to secure the border.”

Both House Minority Leader Nancy Pelosi, D-Calif., and Schumer have signaled openness to funding border security in the spending bill as long as it doesn’t go to construction of a wall or the “deportation force” Trump mentioned during the campaign. The Democrats could theoretically agree to funds for more surveillance technology on the border, or to hire and train more border patrol agents. But it’s harder to imagine them supporting an increase in Immigration and Customs Enforcement (ICE) agents, since they enforce immigration laws internally in the United States and not at the borders.

Meanwhile, one of the president’s staunchest defenders in Congress defended the delay of the president’s campaign promise, urging Americans to be patient.

“He said we would build a wall and Mexico would pay for it, … but he never said when,” Rep. Louie Gohmert, R-Texas, said Monday night on Fox Business. “Some things just take time and don’t occur real quick. I think that’s the way with the wall.”