The recent heart-pumping stock rally, Jamie Dimon, the chief executive of JP Morgan Chase, said at an investment conference this week, is based upon the hope, which I hope is accurate, that the Trump administration will be very good for unleashed business per se, and may improve overall growth.
Continue reading the main storyMr. Dimon and a raft of other Wall Street stalwarts have either joined the new administration or taken on advisory roles, damping down their worries that the bankers-as-boogeymen campaign language would be transformed into action.
But many of the anticipated economic policy changes will generate both winners and losers. New research, for example, has shown
Former President Bill Clinton saw U.S. voter anger brewing.
In an interview with CNBC's "On the Money," Clinton said a few years ago he shared with his wife former Secretary of State and current Democratic nominee Hillary Clinton his view of the mood of the electorate.
"Way before Hillary declared, I said you've got to get prepared for this," the 42nd president told CNBC at the Clinton Global Initiative, held in New York City.
"There's a lot of populism, because there's a lot of road rage. People believe the political and economic order have let them down."
Clinton called his wife "a sort-of 'answers person' not an 'anger person.' I mean you feel anger, but, you've got to be yourself," he said. "Just go out there and try to be the grown-up in the room."
He predicted Vermont Sen. Bernie Sanders would "do well in the primary." And while Clinton "didn't know Donald Trump would be the Republican nominee," he thought he would "get a lot of votes."
The former Arkansas governor, known as a canny politician, said he "wasn't surprised" by the early primary success in many states by both Democrat Sanders and Republican Trump. Both candidacies were driven by voter anger, something he recognized because "I just saw it happening other places."
In Europe, Clinton told CNBC, he witnessed "in the last year and a half, the tide of sort of xenophobic nationalism doing well in the parliamentary elections in Germany and France."
He mentioned the Brexit vote in the United Kingdom as another example. In June, a voter referendum passed in Britain for the country to exit the European Union. The result was 52 percent to leave, while 48 percent voted to remain.
In that case, Clinton said "voter turnout was what made the difference. The actual number of people who wanted to stay (in the EU) was slightly greater than the people who voted to go. But the people who voted, voted to go."
He echoed the post-mortem analysis of the Brexit vote, which was divided by regional, financial and age differences. "Urban people, young people in areas like Northern Ireland and Scotland, they vote to stay and England and Wales. The rest of England, non-urban England and Wales, vote to go."
With the first Clinton-Trump debate scheduled for Monday, Clinton had some advice for the Democratic nominee.
"Hillary's got to bank on the fact that a lot of people will be watching the last debate and just go out there and talk to people," Clinton said. "And not be affected by all the meanness and all this stuff that we've seen."
As for the mood of voters during the final weeks, Clinton believes the anger level has changed.
"Everybody's kind of settled down, I think now they just want to settle down the last month and half," he said. "Take a good look at this, make a good decision."
Clinton shared some mixed feelings about the choices the American people will make when they go to the polls on Nov. 8.
"I still believe that in the end they'll choose answers over anger, and empowerment over resentment. Unity over division and bridges over walls. But they may not," he said.
"And it's up to our fellow Americans, they can choose whatever they want."
"On the Money" airs Saturday on CNBC at 5:30 am EDT, or check listings for air times in local markets.
Working on an industrial estate, Michael Soi paints giant, brightly coloured pictures of bar-girls and international businessmen in Nairobis nightclubs, and talks of art as dissent. A mile or so away, Peterson Kamwathi stands in a cut-down shipping container cum studio and says it his role to fight polarisation. Next door, Longinos Nagila hangs a work bearing the slogan The revolution will bring out the best of us on a pigment-spattered wall.
All three are part of a new wave of politically engaged art fast emerging on Kenyas burgeoning contemporary creative scene. Most are in their 20s or 30s, Sois 43, and their work reflects the frustrations of the vast but anonymous crowds in the ea
She is a liberal icon and was America's first female secretary of state, but not everyone at a California college is thrilled that white feminist and repeated genocide enabler Madeleine Albright has been lined up to give next months commencement address.
Soon after officials at all-female Scripps College, in Claremont, Calif., announced Albright would speak to graduates, an article in the school paper derided the Czech-born diplomat for her skin color and previous policy positions, and other students posted their concerns on social media, according to The Claremont Independent.
Just out of curiosity, does anyone know how many [people of color] weve had as guest commencement speakers at Scripps? asked one student.
" ... does anyone know how many [people of color] weve had as guest commencement speakers at Scripps?
- Scripps College student
The 78-year-old Albright, who worked for the National Security Council during the administration of President Jimmy Carter and later taught international affairs at Georgetown University, was U.S. ambassador to the UN before being named secretary of state by then-President Bill Clinton in 1996.
We proudly welcome Dr. Albright to Scripps College and eagerly anticipate a glimpse of the person behind the position in her history-making role as Americas first female Secretary of State, read the announcement from the school presidents office that touched off the controversy.
The article in The Student Life described Albright as a white feminist and repeated genocide enabler because she supported military intervention in the Balkans as secretary of state and did not do more to stop genocide in Rwanda during her time at the UN.
With Madeline [sic] Albright being our commencement speaker (and a war criminal and a white feminist) I know some of our professors are refusing to be on stage, one student wrote. I was wondering if any of the students were planning a protest or perhaps some sort of show of disagreement with Albright and what she stands for?
At least one student said she supported the choice of Albright for the May 14 event.
Having the opportunity to listen to Madeleine Albright speak during commencement is something graduating students, and Scripps students in general, should be appreciative of, Olivia Wu, a member of the class of 2019, told The Claremont Independent. Seeing negative reactions about her visit just because of her race is honestly ridiculous when considering her achievements.
The newspaper noted that Scripps students did not object when Angela Davis, a radical-turned-academic who was on the FBIs Top Ten Most Wanted list for murder and kidnappingspoke on campus earlier this year.
Albright made news recently when she campaigned with Hillary Clinton and told an audience "there's a special place in hell" for women who don't support each other.
NORMAN A donkey found wandering along a rural road might have been looking for seasonal employment at the nearest nativity scene when a Norman police officer took her into custody.
It took some maneuvering to get her in there, said Officer Kyle Canaan, who determined the quickest and safest way to get the donkey off the road was to give her a ride in his patrol car.
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NEW FLORENCE, Pa. (KDKA) A St. Clair township police officer was shot and killed Saturday night while responding to a domestic dispute.
Officials say Officer Lloyd Reed died at Conemaugh Memorial Medical Center in Johnston.
State Police say Reed was responding to a domestic dispute call about 9:15 p.m. Saturday night at a home at 131 Ligonier Street in New Florence.
Officers say Reed exchanged gun fire with the suspect, Ray Shetler Jr., 31, of New Florence, and Shelter fled the scene.
ThePittsburgh Post-Gazetteis reporting that Shetler is charged with criminal homicide. Westmoreland County District Attorney John Peck believes that Shetler will face charges of that are involved with the domestic dispute.
(Photo Credit: KDKA Photojournalist Dave Forstate)
KDKAs Amy Wadas reports that someone spotted Shetler Jr. walking along Route 711 in New Florence.
He was arrested without incident.
State Police say he sustained a bullet wound to his right shoulder in the initial contact with police, and he was taken to the hospital for treatment.
Authorities say Officer Reed had been in law enforcement for 25-years.
Police say the woman involved in the domestic incident suffered minor injuries.
Governor Tom Wolf announced today for all flags to be lowered at half-staff in honor of Officer Reed.
(Photo Credit: Photojournalist Dave Forstate)
Thoughts and prayers are with family and colleagues of St. Clair Township Officer Reed who was killed in the line of duty last night, said Wolf. Today, and ever day, we are reminded of those that make the ultimate sacrifice to keep our communities safe.
A funeral service will be held at 11 a.m. on Friday at the War Memorial, with the Chaplain and Assistant Chaplain for Western Pennsylvania Police Benevolent Foundation. Dr. Jerry L. Keller and Leigh Applegate will officiate. The address is 326 Napoleon Street, Johnstown, Pa 15901.
Theres still time to send flowers to the visitation at the church from 2 p.m. to 8 p.m. on December 3 at 425 Luther Road, Johnstown, Pa 15904.
Electronic donations can be made at http://www.wppbf.org. go to the donate page and click donation. In the memo, place the note, Donation for Lloyd Reed Jr. Fund. Anyone can mail-in donations to Western Pennsylvania Police Benevolent Fund, c/o Tim Kreger. The address is 337 Winners Circle, Canonsburg, Pa 15317.
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The New York Jets lost their game over the weekend. But they got some encouragement.
The singer Gladys Knight showed up late for the game. As soon as she did, the Jets scored.
And she later called into the weekly radio show of coach Todd Bowles. She says if the Jets make the Super Bowl, she will sing for him in person.