Saturday, August 24, 2019

The dictator has ordered: block China-Is anyone listening?

August 24, 2019: PROGRESSIVE STREET NEWS BYTES...Where Liberals Walk

The tyrant raises his ugly head again  
Donald Trump-Xi Jinping-Who's winning?

The Oval Office lunatic didn't get his way with the China tariffs. Although the Asian nation seems to be hurting, its president, Xi, always calls Donald Trump's hand, and just raised him with $75 billion added to U.S. goods. It's hard to say whether T-rump is winning or losing this battle, but it is more about the way it is being played than anything else. The machinations of Trump so far would lead one to believe we have an ego maniac running this country. We do.

When US companies were ordered to stop doing business with China, well, you can probably imagine the flabbergasted looks on the faces of hundreds of CEOs. Here's the scenario...
"President Donald Trump claimed he has the 'absolute right' to 'order' US companies to stop doing business with China that would involve using his broad executive authority in a new and unprecedented way under a 1977 law."
Trump lies about Trade War with China...

On the way to the G7 summit in France, Trump told reporters, "I have the absolute right to do that," citing the 1977 International Emergency Economic Powers Act (IEEPA). He also threatened Mexico with the IEEPA but reneged in another of his buffoon bluffs. The law gives "broad authority to regulate a variety of economic transactions following a declaration of national emergency." But Trump must...
"consult with Congress before invoking his authority and, after declaring a national emergency, send a report to Congress explaining why."
Stephen Vladeck, a law professor at the University of Texas and a CNN legal analyst says, "The idea behind these authorities is that the President is better situated to make those kinds of determinations than Congress, especially when they're time-sensitive." He added, "I very much doubt this kind of exercise of the authority conferred by the statute is what Congress had in mind." What he didn't say was the fact that it is a moron making the decisions.

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