Trump: "Thank Congress That US-Russia Relations Are At All-Time And Dangerous Lows"

Tyler Durden's picture

Update: shortly after he took credit for the record stock market and business enthusiasm, Trump - accurately - blamed Congress for the current "very dangerous" relationship with Russia, when he tweeted that
"Our relationship with Russia is at an all-time & very dangerous low. You can thank Congress, the same people that can't even give us HCare!"

On Wednesday Trump similarly lashed out at Congress when signing the legislation, arguing the bill limited his executive power and ability to negotiate with Moscow.

“By limiting the executive’s flexibility, this bill makes it harder for the United States to strike good deals for the American people, and will drive China, Russia, and North Korea much closer together,” Trump said in a sharply worded statement.  He also said the bill was "seriously flawed" and included "a number of clearly unconstitutional provisions."

Trump has in the past faced backlash for his attempts to form ties with Russia and its leader, Vladimir Putin. His comments come amid widening investigations into whether his associates colluded with Moscow during the 2016 presidential election.

Trump's escalating fight with Congress republicans comes at a troubling time for the president: just as his approval ratings plumb all time lows, and just over a month before the critical negotiations over the US debt ceiling are set to take place. Failure to reach agreement there would lead not only to government shutdown, but also a technical default.

Earlier:

It appears the new 'narrative' from The White House is simple - keep distracting from the failures of massive policy reforms, and focus on the stock market and soft-survey hype.

President Trump's opening tweets this morning keep the story going....

But, as we noted yesterday, "business" doing well may not mean what he hopes it does... (as we noted previously). With corporate profits rising rapidly in recent years, this has been almost exclusively at the expense of wages and compensation. This is shown in the chart below, which shows that while the profit share of GDP has stabilized over the past quarter, labor Share of GDP is at an all time low, and has fallen further in recent periods. And while labor share of GDP may increase as wages (finally) grow rises, increased capex, especially into productive assets, will limit this growth.

The chart is especially troubling for Trump because it was the collapse in the labor share of GDP that prompted the populist revulsion against the status quo, and got Trump elected in the first place. Should Trump wish to cheer the record divergence between the corporate and labor share of GDP, his days in the White House may be even more curtailed expected.

So taking full credit for it (not the central banks of the world), and adding that he's still working on it...

We wonder who he will blame if/when stocks actually fall, or confidence slumps? Congress?

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
FrozenGoodz's picture

+250% under prior admin ... long way to go

 

Guys in the pit just love the daily boasting I'm shore

John Law Lives's picture

How much government deficit spending and Fed balance sheet bloating took place during the prior admin...

Bes's picture

hahahahahaha!

make goldman great again.

TRUMP's a FED, wall street, fractional reserve banking, zero percent interest, QE, bubble economy loving HACK.

not to mention he is absolutely loving civil asset forfeiture

and fucking silent on the war on cash

this is fucking winning? 

hahahahahaha!

over the cliff bitchez

#maga

Manthong's picture

 

I am a man of faith.

I have to believe… oh dear Lord… don’t let me be a fool…

..he has their game card and the best is yet to come.

BaBaBouy's picture

Sooooo ... Who Signed the Fucking Thing ???

Manthong's picture

 

Judo dynamics, maybe?

TahoeBilly2012's picture

At least Trump is sayin this stuff, he means it. We could Hillabeast right now barking non stop at Putin like a werewolf.

Stuck on Zero's picture

Was this piece written by Hillary?

Slack Jack's picture

Trump: "Thank Congress That US-Russia Relations Are At All-Time And Dangerous Lows"

I have come to the conclusion that Trump is not at all what he seems. Trump is the enemy who pretends to be your friend.

I wrote the following before Trump happily agreed to sign the sanctions bill against Russia: I didn't post it immediately as I wasn't sure how true it was. I am still a little surprised at how correct it turned out to be.

The Orange Jew actually wants to enact sanctions against Russia.

However, he wants to do this while still pretending to represent those that voted for him.

That is why the House voted 419-3 for sanctions.

That is why the press screams that the sanctions deal is veto-proof.

All to give him a plausible excuse to sign the bill, to do what he wants, but not what his support base wants.

As many Trump supporters now suspect, Trump has actually been their enemy from the beginning.

If the Orange Jew is the real deal then he will veto this sanctions legislation.

But, Trump is not the real deal. So, he will sign it into law.

Trump is no different from Obama, Bush and Clinton.

For one thing, it appears that Obama, Bush, Clinton and Trump are all Jews.

http://www.preearth.net/phpBB3/viewtopic.php?f=20&t=630

http://mileswmathis.com/trump.pdf

petar's picture

Buttt... Trump said he was going to fix health care and make it cheap and Great... and all the white country men believed him!

WHATDIFFERENCEDOESITMAKE's picture

CRS? It took Obama 18 months to pass his piece of shitt Bill. 

BullyBearish's picture

The truth today, however, is that the United States is neither a democracy nor a republic. Americans are ruled by a corporatocracy: a partnership of “too-big-to-fail” corporations, the extremely wealthy elite, and corporate-collaborator government officials.

SDShack's picture

New Feudal World Order. To achieve it, the world middle class must be destroyed. To that end, Corporate/Finance Elites choose Kings, Queens, and Nobles to establish, maintain and enrich the corporate hierarcy and the needed bureacracy. They do this by taxing/indebting the people into servitude, thus replacing the independent middle class with serfs dependent upon the entire elite hierarcy for mere existence. To maintain control, more taxing/spending is done to raise, equip, train, and maintain the Knights to serve as the Security State. Further control is established by manufacturing conflicts between fiefdoms as glorious propaganda for the Kingdom. This distracts the serfs from their dire conditions, as well as conscripting many to die for the Kingdom in unnecessary wars.

The real purpose is to plunder the other fiefdom assets, while reducing the serf population to manageable levels. Greed, Power, and Control is what it is all about. It always ends when the Kingdom over-extends itself, becomes corrupt from top to bottom, and the serfs eventually starve and revolt to an extent that the Security State cannot or chooses not to control. The result is the breakup of the empire, either by internal revolution, or takeover by a foreign power. This process has gone on for thousands of years in countless empires, and the current US Empire will be no different. The only question is which generation will see it.

Slack Jack's picture

You think Trump might have lied!?!?!

I came to let people know that global warming is a real problem.

But Trump aggravates me so that now I'm discussing him.

Billy the Poet's picture

When you come your breathing intensifies and you expel more deadly carbon dioxide into our atmosphere. So cut that out.

tmosley's picture

The administration isn't over. He has allowed congressional Rebuplicans to tire themselves out. Now he can come in with his own plan that might actually work, rather than the shitty plan that the republicans have been fighting over that could never have worked.

Mustafa Kemal's picture

" Trump said he was going to fix health care "

He also said "it was going to be SO easy" 

Billy the Poet's picture

the white country men believed

 

I believed that Hillary is a career criminal who had operatives already in place throughout national, state, local and even foreign governments. I believed that even if Trump wanted to be as evil as Hillary is that he would be starting out from a much weaker position than she would.

Was I wrong?

I'd also like to know how you intend to effectively analyze situations when you take such delight in mischaracterizing the intent of others. Rather than telling folks what they think why not ask them what they think?

WHATDIFFERENCEDOESITMAKE's picture

Great imagination you got there bubba. Rumor has it he never signed, it was veto proof because of your bought and paid for gobment.

Blankone's picture

When Trump met with Putin he made a show about how positive it was and how he would have further meeting with Putin. That was to play the crowd.

The very next day. Trump had his selected representative to the UN. A woman. Come out and make a public statement in the press that Russia HAD interfered with the elections and that the US would NEVER trust Russia/Putin.

Trump never corrected her statements and she is still his chosen rep.. It was coordinated and planned it would appear.

Billy the Poet's picture

Trump is being forced to appear to take a carrot and stick approach to Russia. He'd like to offer far more carrot but that leads to cries of collusion.

Herd Redirection Committee's picture

There are Jewish links in Trump's genealogy, and it would appear Ivana's as well (which would explain Ivanka marrying Kushner).  If any one is interested they should check out the pictures of Ivanka pre-rhinoplasty!  Yowzers!  You learn something new every day.

But a lot of Mathis' pdf is word salad.  3 pages of content, but he has splattered it across 8, and just sees what sticks.  Any way, he's a smart guy, I just disagree with him on the occult (he thinks elites pretend to be into the occult).

how_this_stuff_works's picture

Well, it was either Trump sign it or listen to another 10 days of "Russian collusion."

I dunno. Maybe Congress deserves what it gets from this stunt.

HardAssets's picture

Theyve counted on that from We The People forever.

Fingers crossed and hopium.

This time around a lot of us knew that odds were that it would be more of the same ole' lies.

Give Me Some Truth's picture

Some might have noticed that President Trump makes a lot of tweets. He also has made a big deal about "draining the swamp." But has anyone ever seen him tweet this?

"Audit the Fed!"

Anyone think he ever will?

Xredsx's picture

The fed lends, but it is congress that makes the rules

Mustafa Kemal's picture

"but it is congress that makes the rules"

are those the same people that must approve an act of war?

how_this_stuff_works's picture

"but it is congress that makes the rules"

are those the same people that must approve an act of war?"

Isn't that going to be the end result of the latest Russian sanctions?

philosophers bone's picture

No he's drinking Janet's swamp juice.  I used to think he had a plan but I think he's confused and has no idea what to do.

He thought that bombing Syria and signing the Saudi arm's deal would win him some points with the Deep State but he has not gained anything.  In fact, he has simply alienated himself from those who believed in him.

"I will never disappoint you" .

Wrong.

Is it too late for him?

Probably unless he does a 180 but ther's zero evidence that he's capable and willing.  He is drinking the swamp juice.  The Gimp.

Herd Redirection Committee's picture

The times he has caved (numerous) have definitely been interesting to watch.   Its like he has been promised something each time, whether it is favorable press coverage, or for some inane 'scandal' to  go away.  But its like paying a protection racket.  Once they have bullied you into a few payments, they aren't going to stop bullying you!

GUS100CORRINA's picture

Trump: "Thank Congress That US-Russia Relations Are At All-Time And Dangerous Lows"

My response: ACCOUNTABILITY is really important. Making sure we know who is responsible for what, while uncomfortable at times, is necessary if we are to move forward. Calling those out for their deeds (GOOD and BAD) is a GOOD THING.

US CONGRESS and US SENATE: You are now on NOTICE. President George Washington would be ashamed of you and your actions to date.

"Be very careful, then, how you live—not as unwise but as wise, making the most of every opportunity, because the days are evil"

BetweenThe Coasts's picture

Unless you mean "on NOTICE" as in French Revolution, the throw-the-bums-out strategy doesn't work on a Congress where the representitives are all the same, and none of them work for us or could.

Chupacabra-322's picture

Peaceful Non Compliance / Non Participation, stop CONSENT via signature & silence to their Criminal Fraud System of Debt, Bondage & Enslavement.

National Tax Revolt Day.

Stop CONSENT.

And, it ends.

However, I have absolutely no qualms about handling it ala "French Revolution" style as currently we're

Tyrannically Lawless.

Billy the Poet's picture

Stand with Trump against the mutineers as the civil war grows hot. Make as much as you can of the situation and when the opportunity presents itself pivot to local control. Declare independence.

The Wizard's picture
This is a function of people lacking an understanding of prophesy contained within the scriptures. It is a perfect example of how America has moved from its cultural foundation. Step by step
http://asheepnomore.net/2017/08/02/wisconsin-company-holds-party-to-implant-microchips/
Haus-Targaryen's picture

He works for them.  The guy isn't an idiot.  He knows what has to occur. How else can you explain it? 

NotApplicable's picture

Sorry, but work for them or not, he's still an idiot.

tmosley's picture

How stupid does that make you and everyone on your side that lost to him?

Bes's picture

phew!

you fucking reek

of desperation

FrozenGoodz's picture

Significantly less stupid than those conned into voting for him

SubjectivObject's picture

refusal to vote for Hiliary is being conned

resitance to anything Hiliary is being conned

ok

MasterChef's picture

Who are the winners in this bizzare alternate reality we now live in where Trump is the President?  He most certainly isn't a Republican.  How does success for Trump translate into success for you?  I don't understnad who wins with this maniac in the White House (other than maybe a handful of energy industry executives and Carl Icahn). 

tmosley's picture

>He most certainly isn't a Republican

Yes, and that is EXCELLENT.

>How does success for Trump translate into success for you?

Look at his accomplishments: https://www.reddit.com/r/The_Donald/comments/63nxsn/update_i_was_tired_o...

He has already done a great deal for us. Peanutz just have very short memories, less than that of a gnat. They cheer when he does something big that confirms their biases, then the next day it is like it never happened.

> I don't understnad who wins with this maniac in the White House

>maniac

Hahahaha, the madman!

FrozenGoodz's picture

Lol aww look ... they created a reddit list together for the feuer ... incase anybody doesn't believe you when you say daddy's doing great things ... how cute

 

>Trump has launched a council empowering female leaders and female entrepreneurs

Lol ... create a council ... poof ... females empowered .. magic!

>Trump met with Justin Trudeau discuss the tweaking of NAFTA

Ohhh ... a meeting ... yuge!

>Stopped government contractors from having to report labor law violations

Lol these the O regs you were looking to roll back?

>Carrier deal

... lost all credibility here [https://www.cnbc.com/2017/06/22/trumps-carrier-jobs-deal-is-just-not-liv...]

>Trump has put major pressure on the members of NATO to pay their fair and equal share 

... hey ... sweet ... pressure guys! Ya hear that?

>Trump has laid out an extremely concise, yet effective Tax Reform Plan to lower taxes for Americans and end things like inheritance tax, and to cut corporate tax rates down to 15%

... lol paragraph in length, single sheet of paper ... the most concise

 

With big beautiful words, and detail-less statements, you can make the guy's actions sound rosy, incredible, progressive, yuge ... or by watching Faux ... but everywhere else reality illustrates little winning

7thGenMO's picture

When the "markets" turned around on election night maybe this was the first clue that Trump would not challenge the globalist oligarchs and their One Bank.  Every time he takes credit for the fraudulent non-market, it is further confirmation that he knows he can only extend and pretend for our sick Western societies (ethically, mentally, and physically) and the failed petrodollar system.  This gives time for the oligarchs to implement a society of control (cashless, everyone fully monitored, one world currency, police state, etc.)  He would prefer to not go this direction, but he also knows he is President of an Idiocracy run by oligarchs.  There is only so much one man can do.

onewayticket2's picture

John, don't bother....their eyes glaze over.