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Trump’s Oval Office Coronavirus Speech Scares Investors – Markets Were Rebounding but Are Now Plummeting

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President Donald Trump made a rare Oval Office speech Wednesday night, stunning the nation and the world by announcing he is banning all incoming travel from the European Union in a wrongheaded attempt to stop the spread of the coronavirus.

Over at CNBC the headline before the President spoke read: “Futures are rebounding Wednesday night after Dow closes in bear market. Traders await Trump.”

The new CNBC breaking news headline reads: “Dow futures drop 600 points as Trump speech disappoints investors.”

“Dow futures were up more than 200 points,” CNBC reported before Trump spoke.

That means the president’s speech caused an 800 point loss in DOW futures – that’s after the DOW dropped almost 1500 points already Wednesday.

UPDATE: 10:59 PM ET –


This is a breaking news and developing story. Details may change. This story will be updated, and NCRM will likely publish follow-up stories on this news. Stay tuned and refresh for updates.

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Trump Loving Lawmaker Schooled for Claim Founders Oppose DC Statehood: They ‘Never Intended’ for GOP to ‘Commit Sedition’ Either

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Just before the U.S. House of Representatives voted 216-208 on Thursday to make Washington, D.C. a state, Ohio Republican state representative Mike Loychik posted a tweet insisting the “founders never intended for Washington DC to become a state.”

He’s not wrong, technically, but – as many corrected him – given that the founders never intended for many things, including for women and Black people to be allowed to vote, for people who did not own property to vote, and, as some noted, for Republicans to “commit sedition,” what difference does it make?

The founders also did not originally intend for Washington, D.C. to be the seat of government. First it was New York City, then Philadelphia.

Rep. Loychik, who just filed a bill to make Ohio taxpayers spend $300,000 to rename Mosquito Lake State Park in Donald Trump’s honor, did not respond to any of the people educating him, but hours later he posted a tweet attacking Democrats:

Loychik is clearly ignoring the fact that “the Republican Party has historically taken far more effective advantage of the addition of new states,” as The Atlantic reported in 2019.

In 1889 and 1890, Congress added North Dakota, South Dakota, Montana, Washington, Idaho, and Wyoming—the largest admission of states since the original 13. This addition of 12 new senators and 18 new electors to the Electoral College was a deliberate strategy of late-19th-century Republicans to stay in power after their swing toward Big Business cost them a popular majority. The strategy paid dividends deep into the future; indeed, the admission of so many rural states back then helps to explain GOP control of the Senate today, 130 years later.

Washington, D.C. could become the 51st state, if Democrats in the Senate can convince six of their Democratic colleagues currently opposed to the measure, and another ten Senate Republicans to support it, or kill the filibuster, which would allow passage with 50 Senate votes plus Vice President Kamala Harris breaking the tie.

Here’s how some are schooling the Ohio Republican lawmaker:

 

Image: screenshot via Facebook

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‘He Was a Moron!’: Morning Joe Panelists Mock GOP’s John Kennedy for Letting Stacey Abrams ‘Mow Him Down’

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MSNBC’s Joe Scarborough and Mika Brzezinski ridiculed Sen. John Kennedy (R-LA) for becoming the latest man to underestimate Stacey Abrams.

The Louisiana Republican challenged Abrams to identify provisions in Georgia’s new restrictive voting law that she believes are racist, and he then unsuccessfully scrambled to derail the voting rights activist after she calmly recited a litany of measures that will make it harder for Black voters to cast their ballots.

“Why do people keep underestimating her?” Brzezinski marveled.

Scarborough joked that TV’s Matlock would be disappointed with Kennedy, an Oxford-educated attorney.

“You don’t ask the question if you don’t know the answer,” Scarborough said. “Especially if you’re trying to set somebody up like — and i’ll tell you something else, and maybe it was just the seersucker suits that made him so darned polite with his witnesses, but Sen. Kennedy, former John Kerry supporter, he kept trying to throw her off, he kept trying to interrupt her. He would say, explain it — he would cut her off — it just, seriously, this guy, I guess they don’t teach Matlock at Oxford, because he sure made a mess of things for himself, didn’t he?”

Co-host Willie Geist said Kennedy and other GOP senators got way more than they bargained for in the hearing, and contributor Eugene Robinson said the Louisiana senator was clearly outmatched.

“You better come with more than what our faux Matlock had yesterday — that was a riot,” Robinson said. “I was thinking the same thing — that’s obviously something they don’t teach at the Oxford debating union about dealing with intelligent people, who are just going to — I mean, she mowed him down, basically. It was highly entertaining to watch.”

Brzezinski praised Abrams’ poise in the face of a man repeatedly interrupting and condescending her, and she said Kennedy looked foolish.

“It was a really great example for anybody who sort of is figuring out, how do women develop their voices in this sea of how men do what they do,” Brzezinski said. “She was elegant, she was measured, she kept coming back, and she mowed him down without lifting a finger.”

“Why in the world does anybody keep underestimating this woman? she added. “If you think about it, if you think in the way she turned out the vote in Georgia, the way she turned out the vote saved our country, if you had any concern about [Donald] Trump. I mean, this woman is not to be messed with any way, shape or form, and he was acting as if he was dealing with some neophyte. He was condescending, he was arrogant, he was a moron.”

 

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Columbus Police Shoot and Kill 15 Year Old Black Girl Who Called for Help, Family Says: Reports

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A family member of a 15-year old Columbus, Ohio girl says she called police around 4:30 PM local time on Tuesday. Fifteen minutes later police were on the scene and shot her, WBNS reports. “The family says Bryant called the police for help because girls were fighting outside her house.”

The 15-year-old’s name was Makiah Bryant, The Daily Beast reports, citing their source as the teen’s aunt, Hazel Bryant.

But The Beast also reports a different reason for why police were called: “According to Bryant, Makiyah called the police because someone in her house was abusing her. She went on to say that police saw a knife on the ground near Makiyah and shot the teenager four times.”

The Columbus Dispatch reports the person who called 911 “reported a female was trying to stab them, then the caller hung up.”

“Columbus Fire medics were cleared to come into the scene at 4:46 p.m., police said. The wounded person was transported in critical condition to Mount Carmel East hospital, where she was pronounced dead at 5:21 p.m., police said.”

“She was a good kid. She was loving,” said Hazel Bryant in a video posted to social media (below). “She was 15 years old. She didn’t deserve to die like a dog in the street.”

Alexis Moberger, a reporter for Columbus’ WSYX, posted the video:

Columbus Mayor Andrew Ginther confirmed the shooting and that the victim was “a young woman.”

Video via WBNS:

This is a breaking news and developing story. Details may change. 

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