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‘Manufactured MAGA Madness’: House Dems Slam GOP for ‘Running Out of Town’ to Trigger an ‘Economic Meltdown’

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House Democrats are blasting their GOP colleagues for exiting Washington, D.C. just days before the U.S. is expected to run out of cash and, for the first time in history, be unable to pay its debts – unless Congress passes legislation to raise the debt ceiling. Treasury Secretary Janet Yellen has repeatedly warned that June 1 is the likely deadline, as Republicans reportedly don’t believe her. Experts agree the results of a default would be globally catastrophic.

Among the likely outcomes would be potentially massive increases in interest rates, social security recipients not getting paid, businesses with government contracts not getting paid, layoffs and spiking unemployment, potential bank runs, a recession, lack of confidence in the U.S. dollar, destabilizing world financial markets, and increased international reliance on America’s enemies including China, further destabilizing the U.S.

Three weeks ago the Biden administration published a report showing that “defaulting on our government’s debt could reverse the historic economic gains that have been achieved since the president took office: an unemployment rate near a 50-year low, the creation of 12.6 million jobs, and robust consumer spending that has consistently powered a solid, reliable growth engine, supported by paychecks from the strong job market and healthy household balance sheets.”

House Democrats are insisting this is actually the goal of the GOP, and warning them to not do so.

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Democrats are urging Republicans to stay in Washington until the job is done, but the Republican-majority House, under Speaker Kevin McCarthy’s leadership, is, as one Democrat put it, “running out of town.”

“We’re here. We continue to work,” House Democratic Minority Leader Hakeem Jeffries told Politico’s Nicholas Wu. “We want to get a resolution of this manufactured default crisis. And unfortunately, Republicans have chosen to get out of town.”

On the House floor, Leader Jeffries continued to pound Republicans.

“This is a default crisis that is manufactured MAGA madness,” Jeffries declared, rightly noting that the debt ceiling crisis is an entirely made-up construct that doesn’t even exist in most other countries. “It is repugnant, reckless and reprehensible. It’s unacceptable. It’s unconscionable and it’s un-American. And that’s why House Democrats have remained on the House floor fighting hard for every-day Americans. That’s why we are here. And we will continue to fight for working families, continue to fight for middle class folks, continue to fight for all those who aspire to be part of the middle class, continue to fight for young people, continue to fight for older Americans, continue to fight for veterans, continue to fight for military families, continue to fight for people in urban America and rural America and suburban America and small town America and the heartland of America, continue to fight for the people in Appalachia, continue to fight for the poor, the sick and the afflicted, continue to fight for the least, the lost, and the left behind. House Democrats will continue to fight for every-day Americans to avoid the default and we will not rest until victory is won.”

Leader Jeffries also noted that Democrats “helped make sure we avoided default three times, notwithstanding the fact that in our country’s 247 year history 25% of the nation’s debt was racked up under the four years of the Trump administration.”

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“How dare you lecture America about fiscal responsibility with that shameful record, notwithstanding the fact that you’ve racked up unprecedented amounts of debt to subsidize the rich, the richest amongst us, and big corporations. We never threatened to default.”

He accused Republicans of making “a political calculation that you will be successful in 2024 if you crash the economy.”

“That’s wrong. That’s cruel. That’s un-American, because you’ll be hurting veterans, hurting children, hurting seniors, hurting young people, hurting every-day Americans. And that’s why Democrats are here today in Washington fighting hard against this unreasonable manufactured default crisis.”

U.S. Rep. Debbie Dingell (D-MI) demanded Republicans “stop holding our nation’s economy hostage.”

Outraged, Congresswoman Dingell yelled, “It’s dangerous. It’s unconscionable. – knowing the devastating impact that it is going to have on the American working families.”

She noted that Republicans will be posting messages of support this Memorial Day weekend on social media, “while advocating for a plan that will abandon all those veterans and their families at a moment they need their country most.”

Addressing Republicans, she shouted, “I’m staying. I’m missing my goddaughter’s wedding because I have a job to do. Where are you?”

Freshman U.S. Rep. Greg Casar (D-TX) said if just five House Republicans joined Democrats, the American people can avoid default and devastation. All 213 House Democrats have agreed to vote for a debt ceiling discharge petition to avoid default. With 218 votes it would pass.

Republicans dared to cut the mic of U.S. Rep. Joyce Beatty (D-OH) as soon as she went over her time. She continued to speak anyway, even as the gavel pounded away.

U.S. Rep. Jamie Raskin (D-MD), a former constitutional law professor, noted the 14th Amendment mandates the U.S. must pay its debts. “The validity of the public debt shall not be questioned,” he said, quoting our founding documents. Rep. Raskin also slammed Rep. Matt Gaetz, accusing the Florida Republican of calling the American people hostages in the debt ceiling negotiations.

 

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‘Antisemitic’: Trump Blasted for Attack on Jewish Democrats

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Donald Trump is attacking Jews who vote Democratic, barely days after the criminally-indicted ex-president threatened there would be a “bloodbath” if voters do not put him back in the Oval Office. His remarks, which include claiming Jews Democrats “hate” Israel and their own religion, were quickly labeled antisemitic.

“I actually think they hate Israel,” Trump on Monday told far right wing radio host Sebastian Gorka, who alleged the Biden administration and Democratic Senate Majority Leader Chuck Schumer “hate” Israeli Prime Minister Bibi Netanyahu.

“I think they hate Israel. And the Democrat Party hates Israel,” Trump, upping the ante, responded. Gorka is his former White House aide who served briefly in the Trump administration before reportedly being “ousted.”

“I really believe they hate Israel,” Trump also said, and accused Majority Leader Schumer, a Democrat who has represented New York for the past quarter-century, of appearing to hate Israel, for “votes.”

READ MORE: ‘Easy Mark’: Why Trump’s $464M Bond Failure Makes Him a ‘Massive National Security Risk’

“I think it’s votes more than anything else, because he was always pro-Israel. He’s very anti-Israel now,” Trump continued, before declaring: “Any Jewish person that votes for Democrats hates their religion. They hate everything about Israel and they should be ashamed of themselves because Israel will be destroyed.”

Haaretz reports, “Trump’s comments follow similar comments made during a Fox News interview, where he accused Israel of ‘being loyal to a fault’ for hoping to maintain bipartisan support within the United States.”

Trump, under tremendous fire for his “bloodbath” remarks, was immediately denounced for his comments.

“Another day, another depraved antisemitic screed from Donald Trump, who has repeatedly vilified the overwhelmingly majority of American Jews,” observed Halie Soifer, CEO of the Jewish Democratic Council of America. “He first called us ‘uninformed or disloyal’ in 2019 and essentially repeated it today. The feeling is mutual. 79% of Jewish voters have an unfavorable view of Trump according to @pewresearch.”

The Times of Israel’s Sam Sokol writes, “Trump said that ‘any Jewish person that votes for Democrats hates their religion.’ That’s a majority of US Jews. Gentiles don’t get to decide who is a good Jew. That kind of rhetoric is in itself antisemitic.”

The Biden campaign was quick to post a clip of trump’s remarks. Watch below or at this link.

READ MORE: ‘How Fascism Came to Germany’: Historian Warns Trump ‘Knew Exactly What He Was Saying’

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‘How Fascism Came to Germany’: Historian Warns Trump ‘Knew Exactly What He Was Saying’

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Award-winning presidential historian Michael Beschloss sounded the alarm after Donald Trump’s “bloodbath” threat over the weekend, warning that his remarks echo those that led to the rise and installation of fascism in pre-World War II Germany and Italy.

“That’s how fascism and totalitarianism and in Germany’s case the Holocaust came to Germany, which had been a country where there were big institutions of democracy until, as you well know, the early 1930s,” Beschloss said on MSNBC Monday to “Morning Joe” co-host Mika Brzezinski (video below). “In a way of Donald Trump has done us all a favor, because if you and I had been talking, Mika, let’s say 20 years ago, and they’ve been talking about what would have seemed like a very abstract and distant subject of how fascism and dictatorship might come to America, you probably would have been more wiser.”

“I would have said, you would have had some smiling person pretending to be a normal candidate like all the candidates for president who had gone before all the way back to 1789. And suddenly, after getting elected, that person would use the enormous powers of the presidency, that are given to that person, by their constitution,” Beschloss continued.

READ MORE: ‘Next Up – Property Seizures’: Experts Analyze ‘Unbankable’ Trump’s $464 Million Bond Crisis

“In a way Donald Trump has made it easier because when he tells you he’ll be a dictator for a day, we all know that dictators don’t resign after a day. When he uses the word bloodbath. Yes, it was in the context of an automobile industry speech, but he knew exactly what he was saying, When he talks about suspending the Constitution, or migrants as animals, this is him. He’s telling you what this choice is,” He continued, adding there is no “precedent for this.”

“I hate it when people treat this race as if it’s just one more presidential campaign. And there was lots of jokes, you know, both sides, you know, flaws and both candidates. Yes, these are two old candidates. One of those that is mentally stable, Joe Biden, whom I saw give a great speech at the Gridiron Dinner on Saturday night. Donald Trump, if you look at one of his speeches of these rallies, this is not someone who seems to have all his marbles.”

Beschloss says, “it’s important to know as we talk about this campaign, as it unfolds, we have never seen anything remotely like this in American history: a major party candidate is saying, you elect me, there’s going to be dictatorship, bloodbath, violence, retribution against my political enemies, that equals what we saw in Italy, in Germany and other places. If Americans do not get that if they choose that voluntarily, then this country has changed in a way that I do not understand.”

Watch below or at this link.

READ MORE: ‘Bloodbath’: Psaki Slams Trump Over ‘Embrace of Political Violence’

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‘Next Up – Property Seizures’: Experts Analyze ‘Unbankable’ Trump’s $464 Million Bond Crisis

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Donald Trump’s attorneys in court documents say the ex-president has been unable to secure a bond for the full $464 million judgment against him in New York Attorney General Letitia James’ civil business fraud case against the ex-president, reportedly a billionaire who last year said he has $400 million in cash.

“In an April 2023 deposition for the fraud case, Trump said, ‘We have a lot of cash. I believe we have substantially in excess of $400 million in cash, which is a lot for a developer. Developers usually don’t have cash. They have assets, not cash. We have, I believe, $400-plus and going up very substantially every month,'” The Atlantic reported earlier this month.

But Trump’s attorneys now say securing a bond in the full amount is a “practical impossibility,” as Just Security’s Adam Klasfeld reports:

Trump’s attorneys tell the court they have spent “countless hours negotiating with one of the largest insurance companies in the world,” NBC News reports, and, “obtaining an appeal bond in the full amount” …. ‘is not possible under the circumstances presented.” They also note they approached 30 “surety” companies through four brokers and were unsuccessful.

READ MORE: ‘Bloodbath’: Psaki Slams Trump Over ‘Embrace of Political Violence’

Attorney General Letitia James says if Trump does not meet the March 25 deadline, she will begin the process of seizing his assets.

“We are prepared to make sure that the judgment is paid to New Yorkers, and, yes, I look at 40 Wall St. each and every day,” James said, MSNBC reported last month.

Meanwhile, legal experts say if Trump cannot secure a bond, and the appeals court does not grant him a stay, he may lose real estate assets.

“The financial demise of Donald Trump,” declared former longtime federal prosecutor Glenn Kirschner, pointing to the NBC News report. “He has no one to blame but himself. Next up – property seizures.”

MSNBC legal contributor Andrew Weissmann, a former FBI General Counsel, served up a blunt assessment: “I thought he was a billionaire? So is he lying to the public or the Court?”

Katie Phang, MSNBC host and legal contributor, offers additional insight: “Seems also like no one wants to lend Trump the money so he can then get the bond. He isn’t borrowing against his real properties to raise the money likely b/c they’re already leveraged. Trump is unbankable. Period.”

Former federal prosecutor Renato Mariotti adds, “I’ve represented and prosecuted large real estate developers, and it’s not uncommon for them to be highly illiquid. That said, Trump had to know that this judgment was coming, and his inability to obtain a bond suggests he is much less wealthy than he portrays himself to be.”

READ MORE: FBI Agent Furious Over MAL Search Thought Trump Would Return Classified Docs if Just Asked

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