Beltway Insider: Trump/Impeachment Hearings, Rebirth of ISIS, Economy, Housing, Election 2020

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President Donald Trump, coming off the military campaign which killed the leader of the Islamic State, of which both parties lauded as successful, is resigning himself to the upcoming impeachment hearings which are expected to be televised.

President Trump's job approval rating, which was tracked for the two-week time period ending October 25, 2019, decreased two percentage points to 41% of those polled who approve of his effectiveness as President and those who disapprove of his effectiveness increased one percentage points to 55%. A slight 3% of the population polled have no opinion. Ratings are calculated bi-monthly.

Trump/Impeachment Proceedings

After the recent vote by the House of Representative to continue the Impeachment Inquiry which passed, 232 to 196, the next steps with include testimony by key White House staffers and essentially any of the countless employees which have held positions in the Trump White House.


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Former energy Secretary Rick Perry has responded to the committee indicating he would not participate in a closed-door session but would testify in an open and publicized court.

The upcoming televised impeachment hearings which are expected to begin before Thanksgiving with a vote before Christmas or at least before the Holiday Break.

While the effort on behalf of the House Majority to Impeach the President will ultimately be successful and provide much needed transparency into the workings, legal and illegal, of the President, it is highly unlikely that the Senate GOP majority will vote to impeach, as it would be effectually stopping the party control.

However, with the Election on the horizon, the motivation continues to present the American people with enough information to be fully informed on the workings of this president and his actions. Obviously with the effort to ensure that all voter's understand the importance of participating in the electoral process.

"The Fox News poll found 49% in favor of impeaching and removing the president, 45% were opposed. The NBC News/Wall Street Journal poll found 49% in favor of impeaching and removing the president, 46% were opposed. Two polls released last week show Americans divided on the impeachment inquiry. A poll from the University of Texas and the Texas Tribune found that Texas voters were about evenly split over whether Trump should be removed from office before the end of his term. The Washington Post/ABC News poll shows Americans are split along party lines on whether to impeach and remove Trump, " CNN.com reported.

Trump Pulled into Early Start on Re-Election Campaign

President Trump has been forced to enter into his 2020 re-election campaign strategy earlier than he had originally hoped, even through his plans to run for re-election were filed on the day he was sworn in as President of the United States.

Persistently low approval ratings and the Democratic Impeachment hearings, which will be televised, and will include much of the information citizens who resoundingly elected him in 2016 will hear and be forced to make up their own minds as to his fitness for reelection.

Even as the President has used hate speech and Ad Hominin language to derail the efforts of the democratic house and is currently riding House Majority leader Nancy Pelosi, as one who "has become unhinged," and furthering directing the argument against the person instead of the position indicated "There's something wrong with her." 

This wouldn't be the first time he or his team have used this tactic of directing the argument against the person instead of the position, as evidenced by Press Secretary Stephanie Grisham, recent statement stating of the impeachment hearings, "this scam by allowing Chairman Schiff, who repeatedly lies to the American people."

Trump Moves to Derail Democrats

President Trump has yet to unveil an actual strategy as he continues to hold his Trump 2020 Campaign rallies. His ad hominin strategy, which attacks the candidate instead of the issue, which appealed so strongly to the American public in 2016, may not carry him past the dedication of the democratic challengers.


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Unfortunately, for this election the President in order to win re-election will have to put up instead of promise. With the Democrats promising blanket Student Loan forgiveness, Health care reform, and as we get closer to the election additional issues to entice voters may become the bait the sitting president will use to sway the undecided, my issue my vote, voters.

Declining Housing Market tied to Student Loan Forgiveness

Moody's Financial Services entered into the Student Loan debate this week by offering a less than favorable opinion of the Student Loan Forgiveness package presented by Democrats, leaving the gargantuan problem of Student Loan debt, which grows exponentially due to the collective interest associated with the loans, a potential game changer for either party.

As of June 2019, federal debt held by the public was $16.17 trillion and intragovernmental holdings were $5.86 trillion, for a total national debt of $22.03 trillion. $1.5 Trillion, about four times what it was in 2005.

"Eliminating student loan debt would provide a "tax-cut-like" stimulus to the economy, according to Moody's Investors Service. However, the move also would bring possible "moral hazard" and have only limited macroeconomic benefit, the firm says."

Granted, with Moody's Financial Investors indicating the tax-cut like stimulus would create a small benefit to the economy, without explaining the areas which would benefit, such has home ownership, and other big-ticket items, would see the initial benefit with Student loan borrowers.

"America's housing market has been solid for at least seven years now, ever since home prices finally bottomed out from the crash in 2012. But as the United States economy enters its 10th year of expansion, several industries and sectors are showing signs of weakness, notably housing. Mortgage rates have been declining, yet prices remain high and supply tight across many of the most popular markets. In other housing markets, the recent housing slowdown could be revealing deeper issues at play," reported Forbes Magazine.

ISIS Rebirth

As President Trump celebrated the killing of the Islamic State leader, Abu Nakr-al Baghdadi, many expressed doubts the terrorist organization would be destroyed, likening the killing to a contracted hit orchestrated by insiders wishing to knock off the leader to give way for a new regime to take over.

Even if the United States were duped into performing a hit of the Islamic States leader, the fact remains it was a successful mission and as the terror group scrambles to regroup, the pile of rubble that remains where Baghdadi and his closest advisers were hiding, should be message enough to those who would assume the role of Islamic State leader.

"The reach of America is long," President Trump said. And it extends beyond party politics, beyond administrations, beyond differences with allies and differences with enemies, the reach of America will continue until terrorism is eradicated and all those who support it, in any form, are brought to justice.

The Islamic State Names Baghdadi Successor

"Days after President Trump announced the death of the self-proclaimed leader of ISIS, Abu Bakr al-Baghdadi, during a U.S. special forces operation in northwest Syria on Oct. 26, the terror group has named its new leader: Abu Ibrahim al-Hashimi al-Qurayshi," Time Magazine reported.

Paul Cruickshank, Editor in Chief, CTC Sentinel, and CNN Terrorism Analyst, and former MI6 spy, used the micro messaging platform Twitter (@ cruickshankPaul) to state factual and possibly overlooked details of the newly named Islamic State leader, "The last part of the kunya (jihadi fighting name) "al-Hashimi al-Qurashi" is in effect a claim ISIS's new leader has a strong line of decent from Prophet Mohammed's tribe. This is and strong knowledge of Islamic jurisprudence are seen by jihadis as a prerequisite to becoming "caliph." Or in other words for ISIS the entire visibility of their project rest on whether jihadis around the world take this claim of lineage at face value the stales for the terrorist group could not be higher. "

"The nebula that is the Islamic State, composed of devotees molded of radical Islamism, although today weakened from a territorial point of view is not necessarily from an ideological point of view. The recent attack perpetrated in the Prefecture of Police in Paris on October 3 proves it, Daesh has a pool of combatants, active or dormant, known or unknown intelligence services that remains very likely heavy and poorly estimated despite reporting efforts, " reported Olivier Longhi, Haute-Lifestyle.com European Contributor.

Economy Indicators Send Mixed Signals

The Bureau of Labor Statistic released October's monthly Employment report which showed a continued steady economic growth, heralding the lowest unemployment in decades, at 3.6%, an achievement for the American people.


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"Since the President's 2016 election, the economy has added over 6.7 million jobs—more than the combined populations of Wyoming, Vermont, Alaska, North Dakota, South Dakota, Delaware, Rhode Island, and Montana in 2018. Additionally, this total is 4.8 million more jobs than the Congressional Budget Office projected would have been created in its final forecast before the 2016 election," the White House reported.

President Trump continues to tout a employment revitalization plan and takes credit for the full harvest of employment opportunities. The abundance of employment opportunities, across the board, are reflective of both the past and present administrations work to assist the American people recover from the economic recession which began in 2008 and lasted nearly four years, to 2012.

The Bureau of Labor Statistic also noted a slow down from one year ago stating the 188,000 new jobs added in October 2019 were down from one year ago.

"Total nonfarm payroll employment increased by 128,000 in October. Job growth has averaged 167,000 per month thus far in 2019, compared with an average monthly gain of 223,000 in 2018," according to the Bureau of Labor Statistics.

 

Election 2020: Biden Tops Trump in Polls, Warren Stumbles, Ranks Thin

Election 2020 has continued to dominate the headlines as the democratic candidates, a once bloated pack of more than two dozen hopefuls is slowly slimming down to nine qualified candidates for the November 20, 2019 debate and four candidates have already qualified for the December 19, 2019 debate.

Beto O'Rourke, former US Representative to Texas's 16th Congressional district, announced this week he would be bowing out of the Presidential Race. He isn't alone, although not officially, California Senator Kamala Harris has shuttered all her offices except one and released a dozen or more staffers.


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As the ranks thin the messages, which as democrats the fundamentals and singular foremost goal, to win back the office of the Presidency, remains constant and the short term, incremental goals to be the last candidate standing and secure the nomination.

In a recently released FOX News poll, former Vice-President Biden in a head to head match up with President Donald Trump is leading by 12%.

"One year out from the 2020 election, former Vice President Joe Biden leads President trump buy 12 point (51-39 percent), garners over 50 percent and keeps Trump below 40 percent. In early October, Biden led by 10 (50-40 percent)," FoxNews.com reported.

As each debate continues to thin the hopefuls, those who remain standing will expose weaknesses in the issues and the candidacy of the others.

This week Senator Elizabeth Warren(D-MA), who has been presenting her Medicare for All, sent sticker shock through the party and the public as she announced a $20.5 Trillion-dollar medical plan which became roasting fodder for the very liberal and democratic leaning Saturday Night Live.

"The Democratic presidential candidate released her plan to pay for Medicare for All on Friday after being dogged for months by questions of how she would finance such a sweeping overhaul of the health care system. That pressure has been intensified by the fact that Warren has made detailed proposals a central part of her brand as a candidate. Medicare for All is a single-payer health care proposal introduced by Sen. Bernie Sanders and cosponsored by multiple candidates in the presidential race, including Warren. It would virtually eliminate private insurance, including employer-sponsored coverage," NPR.org reported.

For the other candidates facing a formerly popular Vice-President, from a highly successful administration, is a challenge as the public understands what policies will be in place and has a track record to review. As far as Healthcare, the Affordable Care Act, which went through overalls', will remain the program of choice. Granted, it could be revised or modified and essentially the foundation, or the architecture, of the ACA will stand.

For more information on President Donald Trump www.whitehouse.gov.

Sources: Various © Articles covered by Copyright protection.