Rick Perry Fails to Explain Supply and Demand

Energy Secretary Rick Perry attempted to offer up an economics lesson while touring a coal plant in West Virginia on Thursday. He somehow managed to only confuse people.

“Here’s a little economics lesson: supply and demand,” Perry said at the Longview Power Plant. “You put the supply out there and demand will follow.”

The former governor of Texas was responding to a question about the current popularity of shale gas, but he seemed to reference a 19th century economic theory to explain the boom.

According to Say’s law of markets, introduced in 1803 by the French economist Jean-Baptiste Say, production is the source of demand.

Only this economic rule has mostly been discarded by modern economists who argue that supplying a product does not necessarily create demand for it.

According to Perry’s law of markets, there will always be a demand for coal as long as the industry produces it.

This is obviously incorrect. A day could and likely will come when there is zero demand for coal and therefore coal will go unsold and there will be huge storage facilities filled with unused fossil fuels.

Perry’s economics lesson at the West Virginia coal plant this week will only go down as the second biggest flub in his political career. In 2011, during a debate between Republican presidential candidates, Perry said that he would cut three agencies from the federal government — except he could not remember one of the agencies

“And I will tell you, it’s three agencies of government when I get there that are gone — Commerce, Education, and, the, uh, what’s the third one there? Let’s see . . .” Perry said at the time.

The third agency Perry was looking for was the Department of Energy — the agency he now runs.

[Salon]

Media

 

Trump praises record-low July 4th gas prices

As travelers hit the road for the Fourth of July holiday, President Donald Trump touted record-low gasoline prices and expressed hope that they would continue to fall.

“Gas prices are the lowest in the U.S. in over ten years!” Trump tweeted Tuesday. “I would like to see them go even lower.”

AAA said Monday that the national average of $2.23 per gallon was the cheapest gas has been all year. The last time gas prices were this low on Independence Day was 2005.

Trump’s tweet came minutes after he wished his followers a “Happy 4th.”

“Getting ready to celebrate the 4th of July with a big crowd at the White House. Happy 4th to everyone. Our country will grow and prosper!”

[Politico]

Reality

Forgetting the fact that government actions typically have little impact on the fluctuation of gas prices, Trump was not exactly telling the truth.

While the national average gas price is at the lowest point they have been in the past ten years on the date of July 4th, beating last year by just a few pennies, Trump didn’t say that. He claimed gas prices are the lowest ever in over ten years, which is a distortion of the truth. A lie.

 

Sarah Huckabee Sanders raised eyebrows with the claim that Trump has never ‘encouraged violence’

White House deputy press secretary Sarah Huckabee Sanders raised eyebrows after she claimed during Thursday’s press briefing that President Donald Trump has never “encouraged violence.”

Sanders made the comments while addressing a question about Trump’s vicious Thursday-morning tweet aimed at MSNBC host Mika Brzezinski, who he said was “bleeding badly from a face-lift” during a trip to the president’s Mar-a-Lago resort in Florida.

The tweet was met with widespread condemnation on both the left and right, with a number of Republican members of Congress pointing to the recent shooting of House Majority Whip Steve Scalise as a reason why such harsh rhetoric in American politics needs to be toned down.

“Some have suggested in their tweet, response, or public response that the president misconstrued one of the messages that should’ve been gathered from the shooting that involved Steve Scalise and others, that the hostility of the verbal environment can create an atmosphere of violence,” CBS White House correspondent Major Garrett said in prefacing his question, acknowledging that the shooting “affected” the White House. “Do you have any reaction to that sentiment?”

Sanders responded by saying Trump “in no way, form or fashion has ever encouraged violence, quite the contrary.”

“He was simply pushing back in terms of defending himself,” she added, having pointed to comments made by Brzezinski and co-host Joe Scarborough on the duo’s “Morning Joe” program.

But many were quick to note that Sanders’ comment was not exactly true.

Along the campaign trail, Trump seemed to encourage violence on a number of occassions when discussing protesters at his boisterous rallies.

In February of last year, Trump said he wished he could “punch” a protester “in the face” at a Las Vegas rally. The then-Republican presidential candidate also expressed a desire for a return to “the old days” when “they’d be carried out on a stretcher.”

“Oh, I love the old days, you know?” Trump said. “You know what I hate? There’s a guy, totally disruptive, throwing punches, we’re not allowed to punch back anymore. I love the old days. You know what they used to do to guys like that when they were in a place like this? They’d be carried out on a stretcher, folks.”

The crowd loudly cheered.

“You know, I love our police, and I really respect our police, and they’re not getting enough,” he continued. “They’re not. Honestly, I hate to see that. Here’s a guy, throwing punches, nasty as hell, screaming at everything else when we’re talking, and he’s walking out, and we’re not allowed — you know, the guards are very gentle with him, he’s walking out, like, big high fives, smiling, laughing — I’d like to punch him in the face, I’ll tell you.”

After a protester was roughhoused by attendees at an Alabama rally in November 2015, Trump said the protester “maybe” should’ve “been roughed up” because “it was an absolutely disgusting what he was doing.”

At a February 2016 rally in Iowa, Trump told supporters that “if you see someone getting ready to throw a tomato, knock the crap out of them, would you?”

“Seriously,” he continued. “Okay, just knock the hell … I promise you, I will pay for the legal fees. I promise. I promise.”

At a March 2016 rally in Michigan, Trump said those escorting a protester out of the rally should “try not to hurt him” although, if they did, “I’ll defend you in court.”

“Don’t worry about it,” he said.

And at a St. Louis rally last March, Trump explained that “part of the problem” and “part of the reason” it takes authorities so long to remove protesters from his rallies is because “nobody wants to hurt each other anymore, right?”

When asked about a number of violent episodes that took place at his rallies, Trump said he “certainly” did not “incite violence” and said that he doesn’t “condone violence.”

[AOL]

Trump Tweets Shocking Assault on Brzezinski, Scarborough

On Thursday morning, while MSNBC’s “Morning Joe” was on the air, Trump posted a pair of hateful tweets about co-hosts Joe Scarborough and Mika Brzezinski.

MSNBC responded with this statement: “It’s a sad day for America when the president spends his time bullying, lying and spewing petty personal attacks instead of doing his job.”

The president’s deputy press secretary, Sarah Huckabee Sanders, defended the tweets by saying Trump was responding to the “outrageous attacks that take place” on “Morning Joe” and other shows.

Trump refuses to be “bullied,” Sanders said on Fox News. “This is a president who fights fire with fire.”

Trump’s tweets in the 8 a.m. hour on Thursday said that “Morning Joe” is “poorly rated” (it’s not) and that the hosts “speak badly of me” (that’s true). He called both hosts disparaging names.

Trump claimed that Scarborough and Brzezinski courted him for an interview at Mar-a-Lago around the New Year’s Eve holiday.

“She was bleeding badly from a face-lift. I said no!” the president wrote.

He actually said yes, according to accounts of their meeting. Trump, Scarborough and Brzezinski mingled with guests and had a private chat.

For the record, photos from Mar-a-Lago do not show any blood or bandages on Brzezinski’s face.

Stunned commenters on social media noted that Trump targeted both hosts with his barbed tweets, but only opined on the physical appearance of the woman involved.

Democratic commentator Maria Cardona, speaking on CNN, said it was part of a pattern of misogynistic behavior by Trump.

“We should not normalize this,” she said, calling it “unacceptable and unpresidential.”

Lawmakers immediately condemned the president’s tweets, as well.

“Mr. President, your tweet was beneath the office and represents what is wrong with American politics, not the greatness of America,” Senator Lindsey Graham, a Republican, tweeted.

But First Lady Melania Trump spoke up in defense of her husband.

“As the First Lady has stated publicly in the past, when her husband gets attacked, he will punch back 10 times harder,” her communications director Stephanie Grisham said in response to reporters’ questions.

Melania Trump has previously said that as First Lady she wants to focus on the problem of cyberbullying.

Critics say Trump uses his Twitter account as a powerful megaphone to bully people.

Observers also expressed a lot of skepticism about Trump’s Thursday morning claim that he doesn’t watch “Morning Joe” anymore.

The president is known to watch all the major morning shows, including the programs on Fox News, CNN and MSNBC’. He sometimes calls up pro-Trump guests to thank them for their remarks on the shows.

Trump had a friendly, jovial relationship with “Morning Joe” during the presidential campaign, but it turned sour over time.

At one point he called Brzezinski “very insecure” and threatened to expose her off-screen relationship with Scarborough.

Brzezinski and Scarborough were dating at the time, and they are now engaged.

Thursday’s anti-media tweets were astonishing — and part of a pattern.

On Tuesday his main target was CNN. Trump reveled in the fact that three CNN journalists resigned on Monday after their Russia-related story was retracted.

On Wednesday Trump went after two of the nation’s biggest newspapers, The New York Times and the Washington Post.

He mangled the facts several times, but his overall message came through loud and clear: Do not trust the people who are trying to hold my administration accountable.

Brzezinski responded to Trump Thursday morning with a tweet of her own, mocking him with a reference to “little hands,” a reference to a disparaging idea about him that has circulated for years.

Mark Kornblau, the head of PR for NBC News and MSNBC, also weighed in on Twitter, saying, “Never imagined a day when I would think to myself, ‘it is beneath my dignity to respond to the President of the United States.'”

[CNN]

 

Trump posts misleading tweet about Medicaid spending under the Senate Republican healthcare bill

President Donald Trump took exception Wednesday with a Democratic argument regarding Medicaid funding in the new GOP healthcare bill.

“Democrats purposely misstated Medicaid under new Senate bill – actually goes up,” Trump tweeted with a chart.

One of the biggest criticisms of the Senate healthcare bill, the Better Care Reconciliation Act (BCRA), has been the projected cuts to future Medicaid spending under the legislation, which the Congressional Budget Office said would lead to 22 million fewer Americans being insured by 2026.

Trump’s tweet echoes an argument from Republicans that says the legislation doesn’t cut Medicaid spending.

But critics of the legislation note that the projected increase in funding from the federal government will be lower than the current projected rate of increase. This could have serious consequences for Medicaid recipients and state budgets.

Currently, the federal government provides states with a percentage of their Medicaid funding based on a formula of how much a state actually spends. Under the BCRA, states would receive a set amount of money based on the number of people on Medicaid in that state.

In other words, federal funding would grow in raw terms as the US population grows and the total number of people on Medicaid increases, but the amount per person would not be as generous as the current system.

The chart below shows the difference:

Also, the BCRA would end the Medicaid expansion program under the Affordable Care Act, the law better known as Obamacare, which would represent another significant decrease from the current path of funding.

The Congressional Budget Office projected that federal funding for Medicaid would decrease by $772 billion over the next 10 years compared to the current system.

According to analyses from The Brookings Institution, The Kaiser Family Foundation, and the CBO, the formula for the Medicaid growth rate under the BCRA would lead to increased financial stress on states and detrimental outcomes for Medicaid recipients.

[Business Insider]

Reality

Vox fixed the chart:

 

 

Trump on CNN Retraction: ‘What About All the Other Phony Stories They Do?’

President Trump blasted CNN early Tuesday after the network retracted a story published last week tying a top Trump ally to a Russian investment bank.

“Wow, CNN had to retract big story on ‘Russia,’ with 3 employees forced to resign,” Trump tweeted.

“What about all the other phony stories they do? FAKE NEWS!”

The president’s comments come after three CNN staffers resigned following the network’s retraction.

Thomas Frank, the author of the story, Eric Lichtblau, an editor in the CNN investigative unit that ran the story, and Lex Haris, who oversaw the unit, have all left CNN, the network reported Monday.

The retracted story connected Anthony Scaramucci, a top proponent of Trump, to a Russian investment fund run by a bank controlled by the Kremlin.

“In the aftermath of the retraction of a story published on CNN.com, CNN has accepted the resignations of the employees involved in the story’s publication,” a spokesman said Monday.

An internal CNN investigation reportedly found normal editorial processes weren’t followed in the stories editing and publication.

Trump often hits on CNN and refers to stories from the network as “fake news.”

Trump early Tuesday also retweeted a modified image of the network’s logo that refers to CNN as FNN, or the Fake News Network.

[The Hill]

Reality

So if Trump wants to play the morality game, when is he or his staff going to resign over the phony stories he pushed? Because by the time of this article we’ve cataloged 312 complete lies from Trump since his campaign began.

Some examples of phony stories by Trump include:

  • Claiming his inauguration crowd sizes were the largest of all-time.
  • Claiming Barack Obama “wiretapped” him.
  • Claiming he had “tapes” of his private conversation with James Comey where he asked to drop the FBI’s Russia investigation.
  • Claiming at various rallies and in interviews for over four months that he donated $1 million dollars to veterans charities, cutting a check only when a journalist uncovered his lie.
  • Claiming he did not personally know reporter Serge Kovaleski, after telling people “Now the poor guy, you should see this guy,” then mocked his disability.
  • Claiming “thousands and thousands” of people in New Jersey cheered during the 9/11 terror attacks.
  • Claiming President Barack Obama was born in Kenya.

You can take the high road and resign at any time.

 

 

 

 

 

 

Trump Says He Doesn’t Have Tapes of His Conversations With Comey

President Donald Trump said he doesn’t have recordings of his conversations with then-FBI Director James Comey, capping weeks of speculation about whether such tapes exist.

“With all of the recently reported electronic surveillance, intercepts, unmasking and illegal leaking of information, I have no idea whether there are ‘tapes’ or recordings of my conversations with James Comey,” Trump said Thursday in a pair of statements on Twitter, “but I did not make, and do not have, any such recordings.”

Trump himself raised the question of whether he was taping his Oval Office conversations when, days after firing Comey on May 9, he blasted out a series of tweets suggesting the existence of tapes as a way to try to deter the ousted FBI chief from talking to reporters.

“James Comey better hope that there are no ‘tapes’ of our conversations before he starts leaking to the press!” Trump wrote. He concluded with a tweet calling the investigation into Russian interference in the election and his campaign’s possible involvement a “witch hunt,” asking, “when does it end?”

Trump raised the possibility of tapes in a strategic fashion to ensure that Comey told the truth, said the person, who spoke on condition of anonymity.

The House Intelligence Committee investigating Russian meddling in the presidential election has sought information on whether the tapes exist. The panel sent a letter on June 9 to White House Counsel Don McGahn requesting information on whether recordings of Comey’s conversations with Trump exist and, if they do, for copies to be turned over by Friday.

Representative Adam Schiff of California, the top Democrat on the House Intelligence Committee, warned the White House Thursday that “time is running out” to meet the Friday deadline.

The president has promised to answer the question soon. He ended a news conference on June 9 with a cliff-hanger about the tapes: “I’ll tell you about that over a very short period of time.” He said in the same news conference that reporters would be disappointed with his answer — suggesting that there are no tapes.

[Bloomberg]

Trump says he is under investigation, lashes out at Justice Department

President Donald Trump tweeted on Friday that he is under investigation in the probe into Russia’s involvement in the 2016 presidential election.

He also appeared to criticize Deputy Attorney General Rod Rosenstein, who appointed a special counsel to oversee the investigation.

Special counsel Robert Mueller is seeking to determine whether Trump attempted to obstruct justice, following the president’s firing of former FBI Director James Comey, who had been leading the investigation of Russian interference, The Washington Post reported this week.

Rosenstein wrote the memo that suggested that Trump fire Comey over his handling of an investigation into Hillary Clinton’s use of a private email server while secretary of State. Trump later contradicted his administration’s rationale, saying he had been thinking about the Russia investigation when he fired Comey.

In a striking testimony before Congress last week, Comey said he believed Trump had sought to persuade him to drop an investigation into then National Security Advisor Michael Flynn’s ties to Russia.
Trump’s acknowledgement of the reported obstruction of justice investigation came after a series of tweets in which he renewed his assertions that he is the subject of a “witch hunt.”

The Washington Post cited unidentified officials when it reported Mueller is investigating Trump. Rosenstein issued a statement on Thursday warning Americans to “be skeptical of anonymous allegations.”

“Americans should exercise caution before accepting as true any stories attributed to anonymous ‘officials,’ particularly when they do not identify the country — let alone the branch or agency of government — with which the alleged sources supposedly are affiliated,” Rosenstein said.

A senior Justice Department official told NBC News that no one pushed Rosenstein to issue the statement.

“This was 100 percent Rod. He’s tired of reading all these stories based on anonymous sources claiming to know what the Justice Department and the FBI are doing,” the official said.

[NBC News]

 

Trump: Why is Clinton Not Investigated But I Am?

President Trump on Thursday questioned why Hillary Clinton isn’t the subject of Russia-related investigations but he is.

“Why is that Hillary Clintons family and Dems dealings with Russia are not looked at, but my non-dealings are?” Trump tweeted.

“Crooked H destroyed phones w/ hammer, ‘bleached’ emails, & had husband meet w/AG days before she was cleared- & they talk about obstruction?” he added, in reference to the investigation into Clinton’s private email server.

Trump has previously called into question the Clinton campaign, referencing potential contacts between her campaign staff and the Kremlin.

“What about all of the contact with the Clinton campaign and the Russians? Also, is it true that the DNC would not let the FBI in to look?”  Trump asked on March 20.

Later that month, Trump asked why the “fake news” did not cover “ties” between the Kremlin and Clinton’s campaign chairman, John Podesta.

“Why doesn’t Fake News talk about Podesta ties to Russia as covered by @FoxNews or money from Russia to Clinton – sale of Uranium?” Trump tweeted at the time.

The president has also accused former Attorney General Loretta Lynch, who presided over the Justice Department while it conducted the investigation into Clinton’s private server use, of making “law enforcement decisions for political purposes.”

The U.S. intelligence community concluded last year that Russia interfered in the presidential election specifically to help Trump defeat Clinton, the Democratic nominee.

The Justice Department, FBI and Senate and House Intelligence committees are investigating Russian election meddling, including possible ties between Trump’s team and Russia.

In addition, a special counsel is reportedly probing whether Trump obstructed justice by firing former FBI Director James Comey last month. Comey testified that Trump leaned on him to “let go” of the bureau’s probe into former national security adviser Michael Flynn.

[The Hill]

Reality

Okay let’s step through these one at a time.

Clinton did not sell a uranium mine to Russia, she was Secretary of the State Department when they and, this is important, 9 total agencies signed-off on a sale of an energy company to a Canadian-based Russian subsidiary. Again, very important, she didn’t have the power to approve or reject the deal.

Hillary Clinton destroyed her old phones “with a hammer” because destroying old devices is standard operating procedure, and state.gov emails would have been on government servers, not on her phone.

You can’t “bleach” emails, that’s not a thing.

Yes Bill Clinton met with Lorretta Lynch on a tarmac, they probably didn’t just talk about their grandkids, but Lynch recused herself from the Hillary Clinton private email server investigation immediately afterwards. That’s why the investigation then fell to James Comey, who found so little wrongdoing he could not imagine a reasonable prosecutor could bring a case.

Trump Conflates ‘Phony Collusion’ And Possible Obstruction Of Justice Investigation

President Trump dismissed a potential obstruction of justice investigation into his conduct, calling allegations of collusion between him, his campaign or people associated with him and Russia a “phony story.”

Of course, it’s possible to obstruct justice without colluding.

Trump was responding to a Washington Post report that special counsel Robert Mueller, who is overseeing the Department of Justice Russia investigation, is looking into whether Trump attempted to obstruct justice. An hour later, Trump was back at it, calling the investigation the “single greatest WITCH HUNT in American political history.” (People who followed McCarthyism closely might disagree.)

The president also appeared to undermine Mueller’s leadership, saying the “witch hunt” was being “led by some very bad and conflicted people!”

There has been an effort on the right to try to undermine Mueller to de-legitimize his potential findings…:

… even though some of the same people just a month earlier had been praising the former FBI director for his esteem:

News of Mueller looking into potential obstruction comes after former FBI Director James Comey testified last week. He said he didn’t know if Trump obstructed justice, but said it was for Mueller to decide.

Comey testified that he told the president he was not personally under investigation three times and confirmed that Trump was not under investigation at the time of his firing on May 9.

But, “Officials say that changed shortly after Comey’s firing,” the Post reports.

It stands to reason that the circumstances surrounding Comey’s firing would now be at the center of Mueller’s query. That’s particularly the case since other high-ranking administration officials have declined under oath in open testimony to provide more details about whether Trump asked them in any way to influence Comey or the investigation.

Director of National Intelligence Dan Coats, National Security Agency Director Adm. Mike Rogers and Rogers’ former deputy, Richard Ledgett, agreed to be interviewed as part of Mueller’s investigation, according to five people “briefed on the requests” who were “not authorized to discuss the matter publicly,” the paper reports.

Officially, Mueller spokesman Peter Carr told NPR’s Carrie Johnson, “We’ll decline to comment.”

NSA spokeswoman Vanee Vines told NPR’s Phil Ewing, “NSA will fully cooperate with the special counsel. We are not in a position to comment further.”

A spokesman for Trump’s personal lawyer in the Russia matter, Marc Kasowitz, said, “The FBI leak of information regarding the president is outrageous, inexcusable and illegal.”

Comey’s firing is a “central moment that’s being looked at” in the investigation, Post reporter Devlin Barrett told NPR’s Ari Shapiro on All Things Considered, “but it’s not the only thing.” Investigators are also considering the conversations Comey and the president had leading up to that point.

In his testimony on June 8, Comey told the Senate Intelligence Committee that he believed Trump had fired him over his role as lead of the FBI investigation into Russian interference in the U.S. election and Trump campaign associates’ possible ties to Russia.

The White House has been inconsistent with its public messaging about the dismissal — initially saying Trump took the recommendations of Attorney General Jeff Sessions and Deputy Attorney General Rod Rosenstein about Comey’s management of the FBI and his handling of the Clinton email investigation. But then the president himself said he had made up his mind prior to receiving the recommendations from the two top lawyers at the Department of Justice.

Comey testified that initial explanations that he was fired because of poor leadership were “lies, plain and simple.” He also said Trump had privately urged him to pull back on the investigation into former national security adviser Michael Flynn — a claim that the president has denied. Comey said he declined to tell agents working on the case about his conversation with Trump to shield them.

The Washington Post previously reported that Trump also asked Rogers and Coats to push back against the FBI’s investigation. The intelligence chiefs declined to discuss their private conversations with Trump during a Senate panel hearing on June 7.

Asked whether Trump’s actions rose to the level of obstruction of justice, Comey testified last week: “I don’t know. That’s Bob Mueller’s job to sort that out.” But Comey did lay out facts that a prosecutor could use to try to prove obstruction.

Trump and his supporters cast Comey’s testimony that he had told the president he was not personally under investigation as vindication. Trump disputed, though, Comey’s assertion he had asked for a pledge of loyalty. After Comey’s much-watched Senate testimony, the president said in a press conference that he would testify under oath regarding his interactions and conversations with the former FBI director.

“I think, frankly, our story shows that the president is by no means out of the woods as far as the investigation goes,” the Post’s Barrett told NPR.

Chatter surfaced earlier this week that the president was considering firing Mueller. After a day of speculation, White House spokeswoman Sarah Huckabee Sanders said, “While the president has the right to, he has no intention to do so.” The New York Times reported that Trump had been waved off the idea by advisers.

Deputy Attorney General Rosenstein, who appointed Mueller on May 17, testified on Tuesday that he would not fire the special counsel without “good cause.”

Trump is not the only one under scrutiny, Barrett said: Investigators are also looking into the finances of Trump associates.

“Oftentimes what happens, frankly, in counterintelligence investigations is you start looking at sort of a core intelligence question — What did the Russians do and did they do it with any Americans? — and it grows into: What did any of those Americans do in their financial matters that may also raise alarms with the FBI?” Barrett said.

Mueller’s investigative team has expanded in recent weeks. The National Law Journal reported on June 9 that Mueller has brought Deputy Solicitor General Michael Dreeben onto the team on a part-time basis. Reporter Tony Mauro noted the addition of Dreeben may signal that “Mueller may be seeking advice on complex areas of criminal law, including what constitutes obstruction of justice.” At the end of May, the chief of the Justice Department’s Fraud Section, Andrew Weissman, also joined the team, NPR’s Carrie Johnson reported at the time.

Justice Department policy is that a sitting president cannot be indicted by a grand jury, the Post also reported Wednesday. Any findings by the department’s investigation would be referred to Congress, where lawmakers would determine whether to impeach the president.

[NPR]

 

 

 

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