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1. Jason Easley is the founder/managing editor and Senior White House and Congressional correspondent for PoliticusUSA. Jason spent four years as a political columnist and the politics editor at the 411mania website, where he covered such issues as the Iraq War, warrantless wiretapping, and the daily workings of the American legislative process. Jason has also written for the Blogger News Network and saw his 2008 presidential election coverage quoted in over 300 newspapers worldwide.|
The following is full text of Jason Easley's August 30th, 2019 article headlined "White House Admits Trump Faked China Phone Calls To Boost Stock Market".
Trump is now putting out fake information to boost the stock market that he remains invested in as president.
CNN reported, “Still, Trump flashed signs of optimism this week that the trade war could be resolved, saying he’s received calls from Chinese officials saying they wanted to restart talks. Though Trump and Treasury Secretary Steven Mnuchin insisted there had been “communication,” aides privately conceded the phone calls Trump described didn’t happen they way he said they did. Instead, two officials said Trump was eager to project optimism that might boost markets and conflated comments from China’s vice premier with direct communication from the Chinese.”
The White House admitted that Trump lies to boost the stock market, which means that the market, like the rest of the country can’t believe a single word that comes out of the president’s mouth. It goes beyond the fact that Trump is a pathological liar.
Trump never divested himself of his investments when he became president, so he is using the presidency to make, or stop losing money, in the stock market. Trump is engaging in Oval Office stock market manipulation for political and personal gain.
The President Of The United States is faking phone calls with world leaders to manipulate the stock market so that it looks like he is “winning.” Trump still doesn’t get the fact that most of the country isn’t invested in the stock market, so his “win” doesn’t mean anything to them. Any other president would understand that their path to reelection is paved with “wins” for the voters. Issues like affordable healthcare, lower taxes for the middle class, and raising wages would all be the sort of wins that would get a president a second term.
Lying to the stock market to boost performance reeks of the petty desperation that defines Donald Trump. (End text)
P.S. Stock market speculators and investors should find the following information in the article interesting and informative:
"Trump never divested himself of his investments when he became president, so he is using the presidency to make, or stop losing money, in the stock market."