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And who is to blame for this? March 16, 2018

Posted by hslu in Congress, 特朗普, 美國, Election, Trump, 川普.
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No one but Trump.

And it may be too late for Trump and the Republican Party.


Democracy American style: a joke? February 26, 2018

Posted by hslu in Congress, 特朗普, 美國, Democracy, Election, Obama, Russia, Trump, US Government, 川普.
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Panic-stricken Trump awaits more bad news


Reading an article like this from Flipboard makes one wonder how could someone like Trump could ever be elected to the highest office in the United States of America.

The answer: a flawed democratic system like American’s can.

To make the matter worse, the herd mentality, disregarding candidates’ disqualifications for the job, ignorant of candidates’ lack of moral fiber and low turnouts on the part of American voters make American presidential election a laughing stock for the entire world.

And the collective gullibility of American voters make them easily fooled by unrealistic campaign promises time and time again. It appears that American voters have grown numb to candidates’ lies that they take the lying for granted because every politicians lie.

Consider these embarrassing facts of American elections:

  • Impeachment of Clinton,
  • The infamous hanging chads,
  • Supreme Court intervention,
  • Lies told by candidates,
  • Flaws in voter registration system,
  • Meandering of U.S. Congressional districts,
  • Influence of rich donors and PACs’ money,
  • Manipulation of issues by lobbyists,
  • Being able to vote without an ID,
  • Lack of recourse of the voters,
  • Low voter turnouts,
  • Utterly embarrassing fact of lack of qualification of Obama for the WH job,
  • No vetting of allegations of sexual harassment by Trump on as many as 20 women,
  • No vetting of hush money paid to a hooker on behalf of Trump,
  • Trump’s likely collusion with Russia,
  • Russia’s meddling of American’s 2016 presidential election, and
  • Fill the swamp while in the office.

Maybe America needs a formal vetting process by an election committee to weed out and disqualify unfit presidential candidates so that jokers won’t occupy 1600 Pennsylvania in Washington D.C. anymore.

Same old lip service. February 18, 2018

Posted by hslu in Congress, 美國, US Government.
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The same old tired show in the Congress after Florida high school massacre. Fire arms ban will never happen in the United States.

The right to bear arms, even a machine gun, is protected by the U.S. Constitution. Background checks are useless because if you want to buy a gun, you can get one legally a few days later or through illegal means right away.

Source: Yahoo News

Gun debates among the politicians are public stage shows for their respective bases.

On the right: owning guns are our rights and, let’s face it, guns don’t kill people, people do.

On the left: why people want to own machine guns and automatic weapons? The only thing they are designed for is to kill people. If you really want to protect your family, buy a revolver or a .44 Magnum revolver like the one Harry Callahan used in the film Sudden Impact.

Source: Goigle image

But, honestly, have you ever thought about this: why have so many mass shootings happened in the United States?

Does America have more its shares of wackos than all other nations in the world?

The only conclusion one can draw based on gun shooting statistics is:

Yes, America has too many wackos and guns and bullets are readily available too.

The more difficult question to get an answer on is: Why?


Lies, lies & more lies. Cuts, cuts & more cuts. February 17, 2018

Posted by hslu in Congress, 特朗普, 美國, Election, Health Insurance, Taxes, Trump, US Government, 川普.
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The big cuts are coming!The big cuts are coming! And Trump and the Congress don’t give it a damn of what you think or feel. Campaign promises? They are meant to be broken after the election.

Source: Flipboard

Americans are the most gullible ones when it comes to their politicians.

They hate the Congress but keep sending the same representatives and senators back to DC. They filled the White House with liars after liars because they believe all the lies presidential candidates told them on the campaign trail, just to break all of them once in the office.

When Trump was asking your votes, he promised to“save Medicare, Medicaid and Social Security without cuts.”

Trump’s 2018 budget calls for cuts on all three programs and the congressional GOP also tried to cut $1 trillion from Medicare and about half a trillion from Medicaid. Here are the proposed cuts from Trump’s “An American Budget: Major Savings and Reforms”:

  1. Cutting Medicare by $266 billion.
  2. Cutting Medicaid by $1.1 trillion.
  3. Cutting Social Security by $72 billion.

So, all sinile and age challenged Americans, brace yourself for what is coming to you. Hospitals will get reduced payments from the Medicare too. Medicaid will see the biggest cut totaling $1.1 trillion over 10 years.

Additionally, Supplemental Security Income programs and Social Security Disability Insurance programs will see $72 billion cuts too.

You see, there is no place for you to hide no matter where you are in the system. Your medical benefits will be cut. Your doctor’s visits will be

Structural Shift February 10, 2018

Posted by hslu in Congress, 特朗普, 石油, 美國, Debt and deficit, Economics, Election, Energy, Stocks, Taxes, Trump, U.S. dollar, 川普.
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What structural shift are we talking about?

The “structural” part of the shift is the fundamental change of the economy bought to you by none other than Trump and the Republicans. While we are at it, let’s add the inept Democrats to that bunch too because they are equally guilty for acting like a whole bunch of chickens without heads.

In a growing U.S. economy and the synchronized recovery of the world economies, as well as almost full employment of around 4% in the U.S., Trump and the Republicans passed “the biggest tax reforms in American history according to Trump ” without finding a way to pay for the massive tax cut for the riches. It simply is insane because of significant damages it will eventually bring to the masses.

Why did they do it?

Because the mid-term election is coming in 11 months. They congressional Republicans are fearful of losing their congressional seats and the majority of both houses.

The structural change is what the financial market is reacting to this week when the Dow took a fast elevator down to the basement of the correction territory: the dreaded inflation is just around the corner as indicated by the chart below.

Source: Federal Reserve

The tax cut at full employment doesn’t make economic sense because it clearly is inflationary. The bond market knows it because a massive amount of federal government borrowing in the amount of additional $500 billion a year will hit the Bond market soon.

The stock market is equally uncomfortable with the higher rate environment and crumbles under the weight of extended valuation.

The structural shift is important for the financial market at this juncture because a re-pricing of all financial instruments will take place in the months and quarters ahead.

Treasury and corporate bonds will drop. Stock market will correct to bring its valuation to a reasonable level. High yield bonds will tank. Housing prices will drop as mortgage loans demands wane. Commodity prices will decrease as US dollar strengthens. Interest payments on US national debt will rise as deficit grows to ~$1 trillion annually, or about 5% of the US GDP.

In short, the structural shift will shrink personal wealth as inflation bites.

Republican Party: shame on you January 1, 2018

Posted by hslu in Congress, 美國, Debt and deficit, Politics, Taxes, Trump, 川普.
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When Republicans in the Congress gave the top 1%, Trump, Trump’s rich friends and corporate interests one of the largest tax cuts in the history at the expenses of the common people, they said nothing about the $1.5 trillion debt they have created in the process.

Now, with 2018 comes along, Republicans all the sudden flip sides and become fisical conservatives when it comes to the 2018 federal budgets.

What a bunch of hyprocrites!

Didn’t some general said that WWIII is coming a few weeks ago?

Hmmm, that means more money for the military to buy more guns, fighter jets, missiles and aircraft carriers.

And The Wall. The beautiful $40 billion Wall.

From this

To this:

Well, time to cut social security benefits, Medicare, Medicaid, food stamps and education. Again.

Well, politicians are nothings but jokes no matter they come in red or blue. They are all liars.

Americans (voters) are so gullible and stupid that they keep sending these same red and blue flip-floppers back to Washington D.C. year after year while giving their kids and grandkids a bigger and bigger debt year after year.


The real reason for the tax reform December 17, 2017

Posted by hslu in Congress, 美國, Democracy, Trump, 川普.
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Robert Reich: The Three Big Lies About Trump’s Tax Plan


You need to first read what Reich has to say about the lies of Republican’s tax reform plan.

I am going to tell you the real reason of the Republican’s tax plan: to soak the rich by eliminating the estate tax all together in a few years from now. 

Do you think the guys and gals who have hundreds of millions or billions of assets care about getting a few thousand dollars of tax money a year from the government? 

Definitely not.

But, saving billions on estate tax is a big thing for the top 1%.

Let’s face it. A billion dollar estate tax saving is a very very big thing even for a guy like Trump. But has Ttump told the American people about this?

He doesn’t want you saying anything at all.

There you have it and that’s the way it is.

Source: Forbes.

May I ask you how many dollars will you get from the Republicans? 

$500, $1,000, $3,000 a year? 

You (the so-called middle class) are happy, aren’t you?

Well, Trump is laughing in his dreams because his CPA already told him how much more he’ll keep his money instead of give it to the government.

We the people have absolutely no say on this December 17, 2017

Posted by hslu in Congress, 美國, Democracy, Election, US Government, 民主.
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Just like when Democrats were in charge after Obama was in the WH, the Republicans own all four branches of the government.

Democrates’s Reid and Pelosi used their majority positions and fuzzy math to pass the Obamacare with no input from the Republicans or the people.

Now, McConnell and Ryan take a page from Democrats’ playbook and fuzzy math to push the tax reform through the Congress without consultation from the Democrats and the people.

Sound familiar? 


And were the people informed on the deficits the bill will generate in the future?

Not just the next decade. 

I want to know what’s going to happen in the next 20, 30 or 50 years.

The US calls this democracy but it can’t even convince American people to trust the products coming out of the failed process.

Republican’s Moore justification December 5, 2017

Posted by hslu in Congress, 美國, Election, Politics, Trump, US Government, 川普.
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Two seat majority in the Senate is everything to Trump and the Republican Party at this point in the current election cycle. The stain on the Senate, thus the nation, that comes with Moore’s winning next Tuesday just isn’t that big a deal to Trump, McConnell of Kentucky, Hatch of Utah and Republican National Committee any more. 

From the righteous moral highground of ‘No Moore in the Senate’ a few weeks ago to ‘we’ll take him comes next Tuesday’ now is simple shameful. 

As for Trump, he and Moore are one of a kind, the kind of ‘He didn’t admit the crime’ in Sander’s book. Since they two are such a good match, what’s not to like of each other. Once in Washington, Moore and Trump can compare notes more easily in their spare time.

Republicans, get your red carpet out! Moore may show up next Tuesday night. Americans, have your heavy duty scouring pads and soaps ready. You will need them to wash off the stains Moore brings to the nation next week.

公說公有理,婆說婆有理 December 3, 2017

Posted by hslu in Congress, 美國, Economics, Election, Taxes, Trump, US Government.
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This is the oroblem with economics: no one has any clue as to what’s going to happen in ten years with the new tax reform bill.

Democrats say: $500 billion, $1 trillion or $1.5 trillion deficit added to the national debt in 10 years with the rob-the-poor-and-soak-the-rich tax plan.

Republicans say: revenue neutral, beyond revenue neutral or 3+% annual GDP growth from the historical and boldest re-write of the tax code ever.

The schmos: Is there anything we can do?

Trump: Four more years! Four more years!

National Debt:

@ 2017/12/03, 20:10:28

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