‘The Obama Economy Was So Weak All of These Years’ Hannity Says (No, It Wasn’t)
Sean Hannity, possibly more than any other pundit, is responsible for putting Trump in the White House, and he advises Trump on a regular, if not daily basis, and advised him on the Nunes memo.
“In the span of a year, Steve Doocy, Brian Kilmeade, Tucker Carlson, and Sean Hannity have become, unexpectedly, some of the most powerful people on the planet,” Vanity Fair noted Friday.
Not only does Hannity advise Trump, he protects him â€“ after all, the Fox News host has invested a lot in this president.
On Friday, the DOW dropped over 665 points. On Monday, it was, as multiple news outlets reported, a “bloodbath,” free-falling by almost 1600 point before rebounding â€“ if you can call it that â€“ to a drop of 1178 points, erasing all the gains from the beginning of the year.Â
It’s not over. The DOW is expected to open Tuesday morning down at least 600 points.
Now remember, as The New York Times notes, Trump in January alone took credit for the skyrocketing stock market at least 25 times. On Monday, Trump was MIA.
On his radio show Monday, Sean Hannity was in full spin mode. His number one goal: protect Trump.
Naturally, the easiest way to do this is to place the blame on someone else. And who is the “easiest” person to blame?
And so he did, as Media Matters reported.
Hannity started by telling his listeners “it’s very counter-intuitive what’s happening now.”
“Because the Obama economy was so weak all of these years we had just artificially cheap money,” Hannity, clearly not comfortable with explaining financial news,Â told his listeners (video above). He’s also dead wrong.
“Now whatâ€™s cheap money? Cheap money is when you can borrow at ridiculously low rates. The era of cheap money at some point has to come to an end. The government has artificially, the Fed has artificially kept the price of money down and the price borrowing down and now thatâ€™s going to come to an end. In many ways it represents; Ashley Webster is the name? In many ways itâ€™s a sign of the strength of the economy more than anything else.”
Hannity, who apparently doesn’t know the first thing about economics, should have explained that the fed kept rates down toÂ help the economy grow while controlling for inflation.Â
He went on to claim that Obama never had a single year of GDP growth above 3%, then switches the metric by talking about quarterly growth. Obama had eight quarters of GDP growth at or above 3%, and as high as 5.2%. Hannity neglects to tell his audience that.Â
Hannity also repeatedly talked about how strong the economy is â€“ without crediting Obama for that.
It’s not the first time Hannity has blamed Obama for stock market drops.Â
“Hannity called the economic downturn in 2008 the ‘Obama recession,’ which occurred before Obama had even taken office,” Media Matters also notes. Remember, the worldwide financial crisis began in September 2008, months before Obama won the White House.
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Trump Rambles for 108 Minutes in CPAC Speech Filled With ‘Unapologetic Fascism’: Report
Former President Donald Trump spoke for nearly two hours in his closing address at the CPAC summit in Dallas.
In Trump’s view, America has been destroyed in the 18 months since he left office, with out-of-control crime, inflation, and oddly enough unemployment, which Trump estimates to be three times the official number.
Trump took the stage to the song “God Bless the USA” and began by thanking the “proud patriots” in attendance.
Trump said he was proud to be joined by Rep. Ronnie Jackson (R-TX), who was his White House surgeon.
“He was an admiral, a doctor, and now he’s a congressman,” Trump noted, saying he asked him which was the best.
“And he sort of indicated doctor, because he loved to look at my body. It was so strong and powerful,” Trump said.
Trump then introduced Reps. Matt Gaetz (R-FL), Lauren Boebert (R-CO), and Marjorie Taylor Greene (R-GA).
“This is no time for complacency,” Trump warned. “We have to seize this opportunity to deal with the radical left socialist lunatic fascists. We have to hit them very, very hard. It has to be a crippling defeat.”
He went on to complain about Sens. Joe Manchin (D-WV) and Kyrsten Sinema (D-AZ) for supporting the Inflation Reduction Act, which passed a procedural vote after Vice President Kamala Harris cast the tie-breaking vote while Trump was speaking, resulting in harsh words for GOP Leader Mitch McConnell (R-KY).
“But McConnell is the most unpopular politician in the country, even more so than crazy Nancy Pelosi, and something has to be done,” Trump urged.
Trump said Biden “surrendered our strength and our everything [in Afghanistan], they surrendered our dignity.”
Michael Hardy, senior editor at the Texas Monthly, was one of the local journalists covering the speech. He said that line had “echoes of the Nazi ‘stab in the back theory’ of losing WW1.”
Trump then described crime in “Democrat-run (sic) cities” in very dark terms.
“The streets of our Democrat-run cities are drenched in the blood of innocent victims,” Trump claimed. “Bullets are killing little beautiful little children who never had a chance. Car jackers lay in wait like predators.”
Hardy described that as “some literal blood-and-soil rhetoric.”
And Trump went on saying “we need to courage to say what needs to be said and do what needs to be done,” which Hardy said “is a rallying cry for street violence and worse.”
Trump went on to call for a military takeover of San Francisco, New York, Chicago, and Portland.
“Trump’s rhetoric is significantly more extreme than even a few years ago,” Hardy said. “This might be most frightening speech I’ve ever heard. Full-on, unapologetic fascism. Trump has either been reading Mein Kampf or having someone read it to him.”
Trump repeated his lies about election fraud and teased a 2024 presidential comeback.
Former RNC official Tim Miller said, “I know everyone in the DC GOP is just hoping Trump will die but it’s impossible to watch this CPAC speech and not come to the conclusion that he’s going to run and be very hard to beat in a primary. Sorry to be the bearer of bad weekend news.”
After his speech, Trump danced on stage to the song “Hold On I’m Coming” by Sam and Dave.
“Don’t you ever feel sad; lean on me when times are bad,” Sam and Dave sang. “Then the day comes and you’re down; in a river of trouble and about to drown. Just hold on, I’m coming. Hold on, I’m coming.”
Legal Expert Explains How Alex Jones’ Texts Could ‘Connect the Dots’ on Trump for the Jan. 6 Committee
Appearing on CNN early Saturday morning, former U.S. Attorney Michael Moore stated that the history of texts accidentally released by attorneys representing Alex Jones may fill in the gaps for the House select committee investigating the Jan. 6 insurrection.
Speaking with “New Day” host Phil Mattingly, the legal analyst was asked about reports that the texts may be headed to House investigators, with the CNN host stating, “We saw a dramatic moment in the courtroom, in the Alex Jones proceedings over the course of the last several days. He was informed that his defense team accidentally sent two years of his text records to him.”
“There are connections and overlap with what the January 6 committee is working on when it comes to that. There are discussions of the committee perhaps getting ahold of those,” he continued before asking, “What is the process? Do you see that as a potential thing that can occur?”
“The text messages and the phone records, at least in some part are now in a court record, they’ve been filed in court. That makes them a little bit easier to get,” Moore replied. “The concern I have is the issue of the phone was delivered in all accounts, it may have been delivered in error but they did nothing to correct that or fix that or file a protective order on the evidence. So that information may be subject to a challenge.”
“The problem for Jones is that information is now known and it’s out there,” he continued. “It’s clear there was deceptive testimony during the course of discovery and I think that makes them a little easier to get.”
“I wouldn’t be surprised to see these subpoenas come down for the information on the phones and ultimately at the end of the day they will get it,” he elaborated. “It will be used to see if this connects any of the dots that the committee has been trying to do for the last many months. Is there a direction from Trump, is there some direction from other people in Jones’ circle that we find in the text messages there.”
‘Performatively Protest’: Grassley Chastised for Tweeting Angry Complaint He Has to Stay in DC to ‘Fight’ Major Dem Bill
U.S. Senator Chuck Grassley (R-IA) Friday afternoon posted an angry tweet complaining he will be missing his annual family reunion this weekend after Democratic Majority Leader Chuck Schumer scheduled a vote on the Inflation Reduction Act, major, historic legislation to combat inflation and climate change, lower Medicare prescription drug prices and the federal deficit, and increase the energy supply.
It’s not going well for the 88-year old Republican who is running for re-election this year.
Leader Schumer in the past two weeks has pulled out a series of delicately balanced yet absolutely massive wins, convincing both Senators Joe Manchin (D-WV) and Kyrsten Sinema (D-AZ) to support the bill which they previously poised to oppose in different forms. It is a huge win for President Joe Biden and his agenda, the Democrats, and the American people.
Senator Grassley apparently thinks otherwise.
First elected to Congress in 1974, Sen. Grassley has a well-known and unique style of tweeting.
“Each Dec Schumer puts out schedule for Senate I set Grassley family reunion based on schedule,” he wrote in his complaint. “For 2nd yr in row I won’t be at reunion I’m in DC to fight Dems irresponsible tax&spend bill. Need a Republican majority to hv schedule we can count on & A RESPONSIBLE FISCAL AGENDA.”
Not many were pleased with the Iowa Republican’s remarks.
“Sir, I could not care less about your vacation,” wrote Charlotte Clymer, a well-known writer, LGBTQ activist, and veteran. “Ask any service member who’s had leave approved for a family vacation and then had it cancelled at the last minute because of needs of the unit. If our military can be called on to do this, so can you. Stop whining and do your job.”
Attorney Luppe Luppen unleashed his own anger: “Sorry kids grandpa can’t be here this weekend. He loves you very much, but, even though he’s 88 years old, he has no other options in his life but to remain in Washington to performatively protest any action on climate change and oppose Medicare negotiating lower drug prices.”
Benjamin Dreyer, the copy chief at Random House and the popular author of “Dreyer’s English: An Utterly Correct Guide to Clarity and Style,” offered this suggestion: “So retire.”
“Sir, this highly coherent tweet will catch fire with middle America!” mocked Josh Marshall, the founder and editor of Talking Points Memo.
Brian Tyler Cohen, a popular political commentator and podcast host tweeted, “Nothing says ‘re-elect me’ quite like tweeting how your government position gets in the way of your vacations.”
“Oh no, you were inconvenienced,” mocked journalist Christopher Harress. “Welcome to the real world. It happens to regular people all the time.”
Award-winning journalist Steven Greenhouse offered the Senator no solace, mocking him to his grandchildren:
“Dear Grassley Grandchildren,” he wrote. “Sorry but Grandpa is missing the reunion so he can go to Washington to vote against the most important measures ever taken in the US to fight climate change. Sorry, grandkids, but Grandpa is battling to make the climate worse for your generation.”
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