'Though investors were relieved to see Sunday's threatened tariffs removed, US stock markets didn't appear to like the deal much.
Trade economist Mary Lovely said the deal could only be viewed as a "partial win" which "didn't move the needle very much."
The gains do not compensate for the damage to US farmers and businesses, she told reporters.
"President Trump is desperately trying to get back to where the economy was 18 months ago," before taking this "unilateral, brute force approach," Lovely said.'
Read more at https://www.channelnewsasia.com/news/asia/china-us-phase-one-trade-deal-agreement-tariffs-12183174
Trade economist Mary Lovely said the deal could only be viewed as a "partial win" which "didn't move the needle very much."
The gains do not compensate for the damage to US farmers and businesses, she told reporters.
"President Trump is desperately trying to get back to where the economy was 18 months ago," before taking this "unilateral, brute force approach," Lovely said.'
Read more at https://www.channelnewsasia.com/news/asia/china-us-phase-one-trade-deal-agreement-tariffs-12183174
The news of the closing of the first phase of trade negotiation between China and the US did not move the market much though Trump and his merry men claimed victory, that they have scored a big success. Trump's comments in the above news said it all. The US economy is not what it was before the trade war. The farmers would never get back to what they did in sales to China. What the Americans got to pay for all the Trump meddling was more tariffs and taxes to pay for their goods from China.
It is a case of burning down a house and trying to rebuild a new one, a smaller one that would not be better than before and claiming victory and success. This is the gist of Trump folly. To him it is all just a game, you win some, you lose some, but claiming success and victory all the while when the American people at large and the farmers are the real losers.
Trump will continue to lie to the American people that he has made America greater again. What he has done is to make the average Americans poorer by have to pay more for their purchases and consumption of daily necessities. The dumb Americans, like daft Singaporeans, believe him.
33 comments:
195 reaching 216 to impeach that Dotard who caused Americunts to suffer their worst Enconmy.
Impeach? Disgrace to peach..one of Monkey God's favourite fruit.
Karma now at his door steps.
208 and still counting
Cheers
Impeachment is for sure. But the Republican Dominated Senate, like Singapore's PAP-CONtrolled Parliament, will not impeach him. It will not be an unbiased Judicial Trial but a partisan political shoulder-rubbing trial (theatre).
Trump knows this. That's why he is extremely cocky and arrogant. Total difiance and non-repentent to the extent of behaving like a King - Mafia King.
Impeachment Required For MOE's Long-Standing Unethical Uneducated-thinking Practice of Inflicting Punishment On Primary Six PSLE students for their parents' failures.
The following excerpt from The Online Citizen gives us a very clear idea of how the ivory tower can turn common people into flying balloons:
"Education Minister Ong Ye Kung will talk about the PSLE certificate issue in Parliament next year. The minister said this in response to a petition that was sent to the Ministry of Education (MOE) urging the ministry to reconsider its policy on withholding original PSLE results slips from students whose parents have defaulted on paying school fees.
The petition which was first hosted on Change.org to collect signatures, was then sent to the Minister and various other MOE officials on 11 December, urged MOE to rethink this policy.
Today (18 December), local artist, Terence Tan shared on his page the Minister’s response to the petition.
Mr Ong said in his reply to the signatories of the petition that he “doesn’t agree with the views of some people that schools and teachers are uncaring and unfeeling”, adding that educational institutions and educators are “on the frontline doing their utmost” and often go out of their way to help students from vulnerable backgrounds.
He also noted that he holds a different view from people who think that applying for financial assistance is “difficult and demeaning”. He said, “All government schemes will need some form filling, which cannot be helped. It is not a difficult form to fill, and school staff often help to fill up the forms for parents.”
Finally, the minister said that he also does “not have the sense that children who did not get the original results slip were humiliated”. He added that the schools were sensitive about the situation and that the students received their results like everyone else and are able to apply for secondary school and progress with their peers.
“But I cannot rule out the odd cases, and we do have to question is this practice works at all in urging parents to do a small part in paying some miscellaneous fees”, he added.
“So the practice should be reviewed. I will provide my response in parliament in the new year,” concluded Mr Ong.
Don't anyhow say about trump as he is matilar favourite. If not u kena sodomized by him
MOE staff are just practicing what the loan sharks are practicing. What's wrong with that? This is called intelligence meh. Smart people think like that meh. Cannot meh?
MOE staffs need to be impeached by the people, for the people with the people, what MOE staffs did was not compassionate & inhumane & need to be removed from office, if Minister don't remove these staffs r akin to accomplice, yes the system need to review but mentality of theses staffs need a reboot.
Follow MOE's principle of punishing the children because of parents' defaults, PAP government should punish Ong Yee Kung for his father's failure too!
His father was a staunch anti-PAP. He had failed to be pro-PAP. Therefore, his son should be shamed instead of glorified.
How can PAP allowed him to become millionaire minister, instead of fixing him like fix Dr CSJ?
PAP please walk the talk.
Giving even flimsy excuses it always been the norm.
So the norm is always right?
That's the present crop of PAP Ministers in gaji buta.
@ all
Being a numbers guy, I'm going with Nate Silver's 538 blog.
Trump's a goner. Public opinion has turned. Very few Republicans are going to risk not being reelected by their constituents by going against public opinion.
When Nixon was impeached, ONE THIRD OF THE REPUBLICANS joined with the Democrats to finally put an end to the Nixon Presidency.
My prediction: He's done!
But he'll reinvent himself and bounce back, just wait.
Not to worry, Ah Long is testing tis Ong junior lah whether he is loyalist or traitor. If he is loyalist he b remain in office else he be removed lio la ho boh.
That's the reason when they r erected, they all go selfie or welfie with jump shots & huat Ah huat ah every day Loh Hei every day CNY, change of policy? Who cares lah? It's monies come huat Ah heng Ah hong Ah..
President Trump Joins The Club Of Impeached US Presidents - A Very Rare Exclusive Club
It is now confirmed. Donald John Trump, the 45th President of the United States is impeached.
230 voted for first charge on abuse of power.
229 voted for second charge on obstruction of Congress.
Only 216 votes are required to impeach him.
The oldest and most respected Supreme Court Judge has come out to say that Trump is not a lawyer, not law-trained; and also that any senator who display partisan bias should be disqualified as a juror in the coming trial of Trump in the Senate.
Pro-impeachment protesters have come out in large numbers across the whole country. But very few Trump supporters are coming out to protest.
His trade and tariffs war against China must have hit the livelihood of Americans very hard.
P/S: I myself have been a staunch supporter of Donald Trump in 2016. Now I have also turned against him.
During 2016 presidential election many progressive, independent and/or liberals voted for trump, after he said he'll pulled out from Syria. Many hispanic and black votes for trump too.
I guess I'm smarter, refused to votes for that mother fucking liar. I knew a bit more about trump from his show tv show "the apprentice" he's just another bullied. Instead I voted for Dr. Jill Stein. Green party. This time around I'm voting for Tulsi Gabbard.
JC
ALL
Wanna bet!! Get real trump gonna to win whether you like it or no!!
He's playing the same fucking game like 2016. If one take a look at the dem party none of the candidates any good. Biden a fucking old crook from Delaware and Elizabeth Warren another liar (first Nation) and Bernie Sanders an Israel Trojan horse. Now who else?? Maybe Tulsi Gabbard- she distance herself from the Neoliberal and NeoCon..
JC
On the policy of withholding the PSLE certificate, I also say the child did not suffer anything, did not know what is happening, because the child is mindless, a young version of daft Singaporean, cannot feel anything.
I said this with my eyes open wide, like an ostrich putting its head inside the sand and proclaims it does not see anything, everything is fine.
Rb, think tat u r rite. At a young tender age they may not know anything bout their cert being withheld. But upon applying their new school will ask them why a photocopy cert and no true cert, that's when they realised the truth though they can still apply their new school. The moment of truth could hurt them as to why the ministry wanna do tat,why their parent didn't pay fees so on. It leaves an indelible mark of insult on them.
Redbean,
You are not alone...... I'm sorrie singapore education system is really fuckup. PERIODS!!
I raised three kids, spend tonnes of money, worry morning till night. Cannot get angry else family unhappy.
If you are poor too bad, rich no help either.
As my journey coming to an end. Told myself, if I had to start all over again. No way get married or have kid...
JC
Whoever thought up the Long-Standing Practice and Principle of
"PUNISHING THE CHILD TO TEACH THE PARENTS ABOUNT RESPONSIBILITY"
must be rewarded with a Pulitzer Prize in Children Psychology.
Whichever Minister(s) who allowed this Long-Standing Practice to go on and on, until it has become an Educational Tradition / Culture of the Ministry for Education (or Uneducation), must be rewarded/promoted to the post of President of Timbuktu, so that he (or they) can enjoy their golden years there, far away from children of any age.
Actually Hah is due to they r living up to the old man's motto of 'what's wrong with collecting more monies ?' , they juz couldn't get over tis barrier unless somehow the people wake up to VTO these buggers or divine intervention.
JC how can u said that. Don't forget u have fun in screwing but u don't want the responsibility of having kids. U could have use condom though u may complain about the lack of sensitivity. Grow up lar
@December 19, 2019 2:35 pm:
"He's playing the same fucking game like 2016. If one take a look at the dem party none of the candidates any good. Biden a fucking old crook from Delaware and Elizabeth Warren another liar (first Nation) and Bernie Sanders an Israel Trojan horse. Now who else?? Maybe Tulsi Gabbard- she distance herself from the Neoliberal and NeoCon.."
There is Michael Bloomberg, another billionaire.
Tulsi Gabbard is good, but not good enough because she is still too young. She has not sufficient ground-swell to overwhelm Donald Trump.
Agree with you all the other Dems' candidates have no chance against DT. Biden is a liability now. Warren has no oomph. Bernie Sanders has no more fire in him. All the others are just there to raise funds from the stupid Americans who are foolish enough to donate to them.
(By the way, George Soros is sponsoring Elizabeth Warren.)
Michael Bloomberg may have a 50/50 chance against DT. But knowing DT, he will play dirty from behind the scene; and he will whack MB during the Presidential Debates.
CJ
If there are any more good Americans for the position of US President, Donald Trump would not be sitting in the White House right now. How could a six time bankrupt, narcissistic braggart and relentless liar ever become the US President is beyond comprehension.
But, suffice to say and bordering on irony, that Donald Trump may well be in the White House for a second term, all because of no one else being better than him, despite Americans scrapping the bottom of the barrel.
@ RB
You don't get it lah.
Social engineering must begin at an early age if you want to CONTROL and DOMINATE your future minions.
That's why the govt needs to hantam kids...show them the AWESOME ABSOLUTE POWER of the state. This early "tekan" is necessary to make the young people FEAR the PAP.
As I've said frequently in the past: the future of the cuntry is more important than a few individuals. To make a Nation Building omelette, you've got to break a few young eggs.
Confucianism with Singaporean characteristics requires obedience and conformity.
Agree or disagree, I don't care. I call it the way I see it. As long as Singapore keeps rocking and grows in awesomeness, I don't really care who does what to whom. 👍😜...in keeping with my "perpetual peace of mind and spirit" philosophy: Can't control it? Then why care?
@ Bros who like a good laugh
Wah, damn good lah. Local talent? Damn straight. Bravo! 👏👏
https://youtu.be/mCnfF6Owc2s
One day these kids when they grew up when rebel against these authoritarian buggers , just like in the Star Wars Rebel: Rise of Skywalker ( it will become Sinkies Wars: Rise of the PSLE-NO-Cert Kids to kaboom the whites hantam-fellows)
Ex-PM Najib Razak is in for another investigation. This time, concerning the horrendous murder of Altantuya.
Malaysian Bar Council calls for investigation into former police commando Azilah Hadri's statutory declaration (SD) that provides new evidence on the murder of Altantuya Shaariibuu.
Its president Abdul Fareed Abdul Gafoor said that all effort must be made to conduct a comprehensive investigation into all the facts and circumstances surrounding the crime.
"There are no limitations for criminal investigations. The truth in this case must emerge. There cannot be any cover-ups or attempts to shield or conceal any evidence or facts," he said in a statement on Wednesday (Dec 18).
Fareed added that the revelations in the SD, which implicate former prime minister Datuk Seri Najib Razak and others, are damning and shocking, not only with regard to the personalities involved, but also the perception of Malaysia, and Malaysia's justice system, internationally.
Azilah dropped a bombshell recently when he filed a 17-page SD claiming that he had killed the Mongolian model Altantuya on the orders of Najib, who was then deputy prime minister.
The SD was filed by his lawyer J. Kuldeep Kumar on Oct 17 as part of his application seeking the Federal Court review.
The SD detailed how Azilah was brought to Najib's residence Seri Kenangan in Pekan, his parliamentary constituency, while he was on duty.
He stated that Najib not only ordered the killing but also requested that explosives from the police's Special Actions Unit (UTK) armoury be used to get rid of Altantuya's body in a covert-style operation.
Najib has since denied the allegations and also called for an investigation into the claims stated in the SD.
With the fresh evidence, other civil figures are also urging the Malaysian government to investigate the crime. They are the Centre to Combat Corruption and Cronyism (C4) and human rights NGO Hakam president Datuk Dr Gurdial Singh Nijar Gurdial.
Ancients believed that if you murdered a woman who was carrying a baby in her womb, you cannot escape the crime.
The going-to-be-born baby's spirit will go after you, no matter how long it takes. Because that baby's spirit was innocent and its vengeance will not be curtailed in anyway by any means, until justice is done.
So, whoever ordered the two police commandos to murder the Mongolian woman (rumoured to be pregnant with Najib's child) in such a saddistic and cruel way, cannot escape justice and punishment. The day of reckoning is near. That monstrous beast must be exposed and caught, and not allowed to roam freely as if it is the King of the Jungle
U don't care I also don't care. For your bad attitude u need to be sodomized lar
He is no longer the king but a mouse now kena whacked everywhere
For ur sake of being sodomized u need to be booyah.
That Jib said he gonna swear to Allah that he didn't lie, he would believe him, think his in for another roller coaster ride lah.
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