Britain’s New PM – Speaking in front of 10 Downing Street after his appointment by King Richard III, Britain’s third prime minister in less than two months, Rishi Sunak, vowed to make economic stability his priority, The Guardian reports. Admitting that “mistakes were made” by predecessor Liz Truss, who announced a “mini-budget” with unfunded tax cuts during her 50 days as PM, Sunak warned of “difficult decisions to come.”

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More on the Trump Tapes – CNN cited this quote from Bob Woodward’s new audiobook, The Trump Tapes, in Jake Tapper’s lead-in to an interview with The Washington Post’s associate editor Tuesday night: “The record now shows that Trump has led – and continues to lead – a seditious conspiracy to overturn the 2020 election, which in effect is an effort to destroy democracy.”

--Edited by Todd Lassa

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(MON 10/24/22)

Iran and China – At the end of the week in which the Iranian government denied it was supplying kamikaze drones to Russia for its war on Ukraine – a denial no one other than Tehran and the Kremlin believe -- The Washington Post reported Saturday that some classified documents the FBI recovered from Donald J. Trump’s Mar-a-Lago last August 8 included highly sensitive secrets about Iran and China.

“If shared with others,” sources told the newspaper, “such information could expose intelligence-gathering methods that the United States wants to keep hidden from the world.” At least one of the documents details Iran’s missile program, WaPo reports. 

The Woodward Tapes: These revelations come before release of The Trump Tapes: Bob Woodward’s Twenty Interviews with Donald Trump, available from Simon & Schuster Audio on Tuesday. Associate Editor Bob Woodward writes in his WaPo op-ed that the tapes “show why he is an unparalleled danger” to the U.S., siding with such dictators as North Korea’s Kim Jong Un and valuing loyalty from political associates over all else. 

Connecting the Dots: Prospects the Biden administration will re-negotiate the 2015 Obama Iranian nuclear deal dismantled by Trump are surely over. But the whole of the Trump administration foreign “policy”, from swift cancellation of that agreement with Iran to the former president’s antagonism toward NATO and his admiration for Vladimir Putin must be examined in the Justice Department’s investigation of Mar-a-Lagogate.

--Compiled and edited by Todd Lassa

COMMENTS: editors@thehustings.news

By Stephen Macaulay

On February 7, 2020, Donald Trump told Bob Woodward of COVID-19, “It goes through the air. That’s always tougher than the touch. You don’t have to touch things. Right? But the air, you just breathe the air and that’s how it’s passed. And so that’s a very tricky one. That’s a very delicate one. It’s also more deadly than even your strenuous flus.”

On March 19 Trump told Woodward, “I wanted to always play it down. I still like playing it down, because I don’t want to create a panic.”

According to reporting by The New York Times, on Feb. 24, hours before Trump tweeted, that COVID-19 was “very much under control,” and that “Stock market starting to look very good to me!”, “senior members of the president’s economic team, privately addressing board members of the conservative Hoover Institution, were less confident.” It seems that Tomas J. Philipson, a senior White House economic advisor, told the group that he couldn’t estimate the economic effects of the COVID.

The Times reporters write, “To some in the group, the implication was that an outbreak could prove worse than Mr. Philipson and other Trump administration advisers were signaling in public at the time.” [Philipson in late June quit his new post as acting chief of the White House Council of Economic Advisors to return to the University of Chicago, two days after Kevin Hassett announced his departure as the council’s chief.]

Apparently this was a three-day affair of getting inside insights into COVID from White House officials.

A hedge fund consultant attended the event of the Hoover board and created a document about it. The Times reporters write, “’What struck me,’ the consultant wrote, was that nearly every official he heard from raised the virus ‘as a point of concern, totally unprovoked.’”

Here’s the thing: the information that the rest of us got from Trump and his minions was “Nothing to see here, move along.”

The information that was given to the Hoover people, which then went to a hedge fund, Appaloosa Management, was far less sanguine.

According to the Times, “legal experts say. . .it is not apparent that any of the communications about the Hoover briefings violated securities laws.”

So let’s see: Trump and his people tell you and me that there is no problem; people in the business of using information to buy and sell—and they sold in this case—were given insights that the rest of us would—what?—panic if we knew?

It would be the old case of the rich getting richer if it were also not the case that the sick were getting sicker and the dead, well, dead.

It is somewhat incomprehensible how people who are in the middle class and below think that Trump has any concern for their well-being.

Wall Street is doing great. Main Street has a whole lot of “For Rent” signs—and many more to come.

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