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The greatest deal maker not March 28, 2017

Posted by hslu in Congress, Health Insurance, Politics, Trump, US Government.
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Trump proudly called himself the negotiator-in-chief but couldn’t even close a deal in the House of Representatives which is controlled by his own party. 

What kind of deal maker is Trump really? 

A losing one. So far. 

Have you heard of these deals?

Trump Steaks, Trump University, Trump Vodka, Trump Suits, Trump fragrances, Trump board game, Trump ghostwritten books, Trump energy drink, Trump eyeglasses and Trump chocolate bars.

These are all Trump deals.

Maybe Trump is over-rated?

Repealing Obamacare should be essier from the budgetary point of view because AHCA should save America tax payers nearly one trillion dollar over a decade. Tax reform, defense budget and infrastructure policies require debt increase to pass. 

The bill which ultimately would reduce national debt didn’t get to pass, what chance do the ones requiring more America tax money have over the objection of the Freedom Caucus?

Not a lot.

Trump might know how to close a deal on an apartment building but he probably knows nothing about heardcare, influence of the special interest groups, what it takes to control various factions in the Republican Party and how to deal with the opposition from the Democrat Party. 

Trump still has a long way to go and a steep learning curve to climb.

No one else to blame but Republicans themselves March 26, 2017

Posted by hslu in Congress, Election, Politics, Trump, US Government.
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Many conservative talk show hosts are doing their best to find cover for Trump. Ryan became the de facto scapegoat.

Some asked for Ryan’s head because he failed the party and Trump. Some even suggested that Trump was on board according to his tweet.

Some called out the “The Freedom Caucus” and suggested that they planted a dagger in the Trump presidency.

Well, I of course don’t know what’s going on in the Republican Party, but Trump, Ryan and the Freedom Caucus are all responsible for the misery they are facing now. 
Trump failed to negotiate a deal in his own party even though he kept touting his “best-deal-maker-ever-lived-in-this-world” image. Ryan didn’t do a good job as the leader of the Party. The Freedom Caucus forgot that the Republican Party was bigger than the Caucus. They sacrified party image and  party unity with by staying their ground and opposing the bill. 

Sadly to say, the Republican Party is probably the most disfunctional party of the land; about the same as the Democrat Party before the November 2016 election. 

The path ahead for the Republican Party is treacherous in the face of the united Democrat opposition. The budget, the border wall, the Supreme court candidate Judge Gousuch, the Russian inquiry, Trump’s unsubstantiated wiretap claim, the tax reform and infrastructure spending are all difficult legislation battles. Without unity, the Republican Party will fail to produce meaningful legislature, Trump will be trapped by his own wotds, Democrat will regain the Senate in 2018 and  Trump will be a lamb duck for 2 years.

Learn the lesson from the failure of the American Health Care Act and work together on the next agenda item. Trump and the Republican Party can recover from the first defeat. If one failure turns into two and two becomes three, Trump will be among the least effective presidents in recent memory.

You are fired. March 25, 2017

Posted by hslu in Trump, US Government.
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In general, VCs don’t buy a family business no matter how successful it is. Trump should apple the same principle too: no relatives in the White House. 

Democrats and the liberal media should have a field day with imploding of Ryancare legislation and SNL, The Tonight Show and Jimmy Kimmel Live! will make a mockery out of the Trump family too.
So Trump is “furious” but will Trump utter the words: “You are fired” to Ivanka and Khshner? 

Please stay tuned.

 “MAR-A-LAGO Act” March 25, 2017

Posted by hslu in Congress, Trump, US Government.
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Obama should be subjected to “MAR-A-LAGO” too.

Source: U.S.A Today

Well, all U.S. presidents should too. Who knows who or what is buying access at “MAR-A-LAGO” or the White House. 

Let’s pass the  “MAR-A-LAGO Act,” Congress.

Do Americans even care? March 25, 2017

Posted by hslu in Islam, Middle East, Military, Muslim, Religion, US Government.
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Yeah, the Pentagon said that there will be an investigation about civilian deaths in the hands of U.S.-led airstrike in a western neighborhood in Mosul.

Then what? An apology by a Pentagon spokesman is probably all American people will hear six months later. But do American people even care what’s going on in Iraq? Probably not. They care more about Kadashine’s next bf than how many Iraqis got killed by American bombs and missiles.

However, Iraqi people and a lot of people in the Middle East will remember every death in the hands of the U.S. government.

Hatred against the U.S. in the Muslim world perpetuates.

Making sense March 22, 2017

Posted by hslu in Debt and deficit, Taxes, Trump, US Government.
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http://www.foxnews.com/opinion/2017/03/22/john-stossel-is-trumps-budget-draconian-careless-and-counterproductive.html

I enjoy reading John Stossel’s comments and watching his TV shows.

The U.S. national debt limit March 19, 2017

Posted by hslu in Debt and deficit, Economics, Taxes, US Government.
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March 16, 2017 is an important date for U.S. federal government because it can no longer borrow from the public as it has been in the past to fund its operations.

The American national debt will be frozen at its current level: about $20.1 trillion because the mandatory debt level has been reached.

But, that doesn’t mean America is out of cash to pay its bills: principal and interest on the debt, social security benefits, Medicare and Medicaid payments, salary to government workers and soldiers and payments to government contractors for F-35 stealth fighter jets, new Ford class aircraft carrier, M-4 assault rifles and M1 A3 Abrams tanks. 

However, there will be no infrastructure projects. No Trump border wall. no  tax cuts for American citizens and no tax relief for American corporates until the debt limit is raised by the Congress.

As of now, the Treasury Dept has to use extraordinary measures to keep the federal government from shutting down until about October or November 2017. By then, Congress has to raise the debt limit or the U.S. government will be in bankruptcy.

Assuming the debt limit is lifted in time, when will this borrowing end? 

Maybe America can use the threat of bankruptcy to re-negotiate with its creditors. Several optionsare available such as forcing creditors to take 60% haircut on all outstanding loans, change the term of existing loans to 100 years and modify interest rates on all loans to negative.

Alternatively, American federal government, maybe all Americans should consider this option too, should cut up every credit card it uses and start living within its means.

Is this likely in the next two decades? Not a chance unless pink pig flies.

Do you know what these federal agencies do March 17, 2017

Posted by hslu in 美國, Debt and deficit, Trump, US Government.
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If Trump gets what he wants, these 19 federal agencies will be eliminated in 2018. Have you heard of them and do you know what they do?

Here is the list of agencies which are on the chopping block and how much each of them costs American tax payers in 2017.

Source: Yahoo news.

http://finance.yahoo.com/news/trump-budget-eliminates-19-federal-220948174.html

  1. African Development Foundation; $28.2 million
  2. Appalachian Regional Commission; $120 million
  3. Chemical Safety Board; $12.4 million
  4. Corporation for National and Community Service; $1.1 billion
  5. Corporation for Public Broadcasting; $445 million
  6. Delta Regional Authority; $15.9 million
  7. Denali Commission; $19 million
  8. Institute of Museum and Library Services; $230 million
  9. Inter-American Foundation; $22.2 million
  10. U.S. Trade and Development Agency; $80.7 million
  11. Legal Services Corporation; $502.7 million
  12. National Endowment for the Arts; $149.8 million
  13. National Endowment for the Humanities; $149.8 million
  14. Neighborhood Reinvestment Corporation; $140 million
  15. Northern Border Regional Commission; $5 million
  16. Overseas Private Investment Corporation; Self-sustaining
  17. U.S. Institute of Peace; $37.9 million
  18. U.S. Interagency Council on Homelessness; $3.6 million
  19. Woodrow Wilson International Center for Scholars; $10.4 million

Total amount eliminated: $3.07 billion.

Is it enough? Hmm…. It’s less than 0.6% of the estimated federal deficit for FY 2018.

Looks like that we need to get rid of a lot more than 19.

  • FY 2016 Federal deficit: $587 billion (actual)
  • FY 2017 Federal deficit: 504 billion (estimate)
  • National debt: $19.9 trillion (estimate)

Is Sessions on the way out? March 12, 2017

Posted by hslu in Election, Liberal Media, Politics, Trump, US Government.
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Trump may be wise to let Sessions go if he intends to govern with a clean slate. If Trump continues to support Sessions, which he will, he will likely face an even bigger crisis if more leaks are reported by the media.

Sessions recused himself from all investigations into Russian influence on Clinton’s campaign is a de facto admission of guilt. 

Trump of course will defend Sessions till the end because of his big ego. Yet, Trump’s first fifty days looks like an exercise of putting out fires which seemed to keep poppin out with every news article on Russian Ambassador by WP or NYT.

The way it is going so far, it appeared that almost everyone in Trump’s inner circle has met with Russia’s ambassador to the U.S. The instruction must have come from the very top. That’s why many reporters are digging deep to find that big smoking gun. They won’t stop until it is found.

Trump’s lack of experience on how government works, his naive believe that he soon would be the president of the U.S. which gave him the right to do what he wanted, his intention to improve relationship with Russia and his big ego probably led him to ask his close friends to contact Russian Ambassador before he moved into the White House. 

His denail, Sessions’s denail and Sessions’s apparent lie under oath gave the left a perfect incentive to dig further.

Left’s attack on Sessions will not stop and Trump may eventually be trapped by more denails until the liberal media contradict these lies with more leaks from inside the White House or Trump’s Justice Department.

The left has formed a powerful alliance to trash Trump. They have smelled blood and they will not stop until Trump breaks down. 

This moment mya be around the corner.

U.S. government is as corrupted as many other countries in the world March 5, 2017

Posted by hslu in Russia, US Government.
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http://www.foxnews.com/opinion/2017/03/03/peter-schweizer-trump-vs-clintons-russia-ties-guess-who-always-got-free-pass.html

Greedy Clintons.