Dow plunges 500 points amid ongoing China-US trade war as analysts predict a ‘Lehman brothers’ style collapse could occur – while Trump brushes off growing fears by claiming he expected the markets to drop even MORE

Dow plunges 500 points amid ongoing China-US trade war as analysts predict a ‘Lehman brothers’ style collapse could occur – while Trump brushes off growing fears by claiming he expected the markets to drop even MORE

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Two modern Waterloos: Brexit Boris and Impeachment Donald Trump

British Prime Minister Boris Johnson and American President Donald Trumpare facing 21st century political variants of Waterloo, the monumental battle that Wellington won and Napoleon lost. For Johnson, it is Brexit. For Trump, it is impeachment. Both are virtually inevitable.

Trump Adminstration Rolls Out Rule That Throws 3.1 Million Off Food Stamps – Wonkette

The Trump administration, unable to get Congress to go along with slashing the safety net for poor people, has announced a new rule that will throw 3.1 million people off the Supplemental Nutritional Assistance Program (SNAP), aka Food Stamps. The new rule will end the ability of people to automatically qualify for SNAP if they receive other federal and state benefits, eliminating a provision that states have used to streamline the application process and ensure families in need get food they need. Ah, but Trump’s USDA is framing the new regulation as a huge money saver, and even more important, a way to eliminate fraud by one guy who made wingnuts angry when he was featured by Fox News. Yes, really.//Wonkette