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Stock Market Surge: President Trump To Back Trillion-Dollar Infrastructure Plan

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Wow! At least there is some good news on the U.S. stock market front. It’s been a tough several weeks in the news with the killing of George Floyd by a Minneapolis Police officer and the ensuing rioting and protests that have gripped our nation.

But on Tuesday, the DOW surged higher than expected and according to Market Watch, it’s “looking to extend the previous day’s gains, partly boosted by better-than-expected data on retail sales and a report of a potential therapeutic for patients with severe COVID-19 symptoms.”

That’s two pieces of news everyone can agree is good for our nation. Moreover, the stock market surge is also due to President Donald Trump’s recent announcement that he is backing a $1 trillion infrastructure spending package. The package has been necessary for years and will add more fiscal stimulus to help the economy recover from the coronavirus pandemic.

The United States has really needed this plan to rebuild our nation’s eroding infrastructure. It is a plan that both Republicans and Democrats – can for the most part – agree on.

Congressional GOP hopeful Lacy Johnson, who is running against Democrat Ilhan Omar in Minnesota’s fifth Congressional district, told me on “The Sara Carter Show” Monday, that his community, which has been rocked by violent protests after the tragic death of Floyd, will best be served when you put the attention back into the real issues affecting impoverished communities. Fundamentally, Johnson said its education and economics.

“It’s a blessing, and we’re going use that and we will use (Trump’s) capabilities, his strength of things that he’s able to do for this community,” said Johnson. The Minneapolis community has suffered more than $300 million dollars worth of destruction since Floyd’s death.

Johnson said, “we’re gonna take that and we’ll move forward, rebuild this community. Once we rebuild it, we’re gonna put some things in place to bring economic growth. We’re gonna put some things in place to include to improve the quality of education. We’re gonna put things in place to improve families and make them stronger. ”

Getting the United States economy back on track after the COVID19 lockdown is imperative and a top priority for President Donald Trump. According to administration officials that I’ve spoken with, a priority is to bring back the economy, particularly in impoverished communities, and continue Trump’s plan to bring American manufacturing jobs back to the United States.

The $1 trillion plan will assist in reviving the economy. In fact, Bloomberg reported Tuesday that a preliminary version of Trump’s plan is being prepared by the Department of Transportation.

According to the Bloomberg report, under Trump’s plan, “most of the money will be earmarked for infrastructure work in roads and bridges meanwhile the rest of the funds will be devoted to building the US 5G network and improving internet services in rural areas of the country.”

According to Market Watch, investors will be “watching testimony Tuesday from Federal Reserve Jerome Powell, after the Fed expanded its corporate bond buying program Monday to include purchases in the secondary market.”

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Trump: Tanks to Ukraine could escalate to use of ‘NUKES’

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Former President Donald Trump stated bluntly on Truth Social,  “FIRST COME THE TANKS, THEN COME THE NUKES. Get this crazy war ended, NOW. So easy to do!”

Trump was referring to the escalation of war in Ukraine. He, like many other commentators and lawmakers, are warning that the decision to continue sending weapons – and now tanks – could potentially lead to the use of “nuclear weapons.”

It’s mission creep and it’s dangerous, they say.

Why? Because Russian President Valdimir Putin has indicated in two different speeches that he would use nuclear weapons to defend Russia, if needed. Those warnings are not just bluster but a very real possibility.

And the escalation of war is visible.

Russia launched 55 missiles strikes across Ukraine Thursday, leaving 11 dead. The strikes come one day after the United States and Germany agreed to send tanks to Ukraine in an effort to aide the country. 47 of the 55 missiles were shot down according to Ukraine’s Air Force command.

Eleven lives were lost and another 11 were injured additionally leaving 35 buildings damaged in the wake of the attacks. According to The New York Times, Denys Shmyhal, said in a post on Telegram. “The main goal is energy facilities, providing Ukrainians with light and heat,” he said.

Ukraine is now demanding that they need F-16 fighter jets. In a post on twitter Ukrainian lawmaker, Oleksiy Goncharenko said, “Missiles again over Ukraine. We need F16.”

The US has abstained from sending advanced jets in the chances that a volatile decision could foster more dangerous attacks like former President Trump’s post on Truth referred to. If the US did authorize the decision to lend Ukraine the F-16 jets Netherlands’ foreign minister, Wopke Hoekstra, would be willing to supply them. According to The New York Times, Hoekstra told Dutch lawmakers, “We are open-minded… There are no taboos.”

F-16 fighter jets are complex to work on, they are not the average aircraft that can be learned in a matter of weeks. It can take months for pilots to learn how to fly these birds. European and US officials have the concern that Ukrainian forces could potentially use the jets to fly into Russian airspace and launch attacks on Russian soil.

Western allies are trying to avoid such a provocation, because that could lead to nuclear warfare in reference to what Putin has said he would do to defend his country.

 

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