Mustafaster wrote:From time to time I check out the USA media coverage of Trump and how they are reacting to the pandemic as a country.
Obviously amazed at the general levels of stupidity of so many of our ex-colonial cousins, goes without saying, but there's stupid everywhere to be fair. They certainly don't hold a monopoly on stupid, but American stupids tend to shout louder than others.
I have recently started to notice the prevalence of what can only be described as Stepford Wives on American telly and in the White House communications cohort.
They're all made with the same mould. Slim, blonde, white, early middle age, conventionally attractive, well-turned-out, with the politics of Atilla the Hun.
Any of our American friends care to enlighten us on why this is the case?
Why we can't 'cancel' U.S. debt held by China
By BEN WHITE and AUBREE ELIZA WEAVER 05/01/2020 08:00 AM EDT
Presented by H&R Block
Why we can’t “cancel” U.S. debt held by China — The Washington Post ran a story suggesting that President Donald Trump and some of his advisers want to retaliate against China over claims the Chinese withheld critical information about Covid-19. The story included this completely insane threat: “Some administration officials have also discussed having the United States cancel part of its debt obligations to China, two people with knowledge of internal conversations said.”
It should go without saying — but we suppose it has to be said — that any such move would essentially explode global financial markets. The Chinese own around $1 trillion in U.S. Treasury securities. They along with the Japanese and many other nations fund our debt and deficits. U.S. Treasury bills and the dollar underpin global financial markets. And the full faith and credit of the U.S. government to meet all its debt obligations is the main reason this is possible.
Any move to “cancel” debt held by China — i.e. default on it — would destroy the full faith and credit of the U.S., send U.S. interest rates soaring and could ignite a global financial catastrophe. So when MM asked top White House economic officials about the suggestion, they were lightning fast to deny it, replying within moments, which as any reporter knows is not always the case.
Senior adviser Kevin Hassett texted: “False story. We would never even entertain a default on any U.S. debt.”
jackos wrote:Absolutely loving Trumps meltdown after being fact checked by Twitter for the first time
Terre Harte II wrote:I knew it was coming ... and I still can’t believe this asshole is in charge.
eric olthwaite wrote:Any of our US posters concerned that with Trump being so utterly unhinged, if he loses the election he won’t step down without a fight or pushing his support towards violence?
Terre Harte II wrote:eric olthwaite wrote:Any of our US posters concerned that with Trump being so utterly unhinged, if he loses the election he won’t step down without a fight or pushing his support towards violence?
I'm concerned about pretty much every worst-case scenario you can imagine.
Could President Trump postpone the election?
A total of 15 states have delayed their presidential primaries at this point, with most pushing them back until at least June. That presents the pressing question of whether the presidential election in November itself could be delayed.
Under a law dating back to 1845, the US presidential election is slated for the Tuesday after the first Monday of November every four years - 3 November in 2020. It would take an act of Congress - approved by majorities in the Democratic-controlled House of Representatives and the Republican-controlled Senate - to change that.
The prospect of a bipartisan legislative consensus signing off on any delay is unlikely in the extreme.
What's more, even if the voting day were changed, the US Constitution mandates that a presidential administration only last four years. In other words, Donald Trump's first term will expire at noon on 20 January, 2021, one way or another.
He might get another four years if he's re-elected. He could be replaced by Democrat Joe Biden if he's defeated. But the clock is ticking down, and a postponed vote won't stop it.
What happens if the election is delayed?
If there hasn't been an election before the scheduled inauguration day, the presidential line of succession kicks in. Second up is Vice-President Mike Pence, and given that his term in office also ends on that day, he's in the same boat as the president.
Next in line is the Speaker of the House - currently Democrat Nancy Pelosi - but her two-year term is up at the end of December. The senior-most official eligible for the presidency in such a doomsday scenario would be 86-year-old Republican Chuck Grassley of Iowa, the president pro tem of the Senate. That's assuming Republicans still control the Senate after a third of its 100 seats are vacated because of their own term expirations.
All in all, this is much more in the realm of political suspense novels than political reality.
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