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Clinton: 'king of debt' Trump would rig economy for Wall Street – campaign live Clinton: 'king of debt' Trump would rig economy for Wall Street – campaign live
(35 minutes later)
8.57pm BST
20:57
In an email addressed to “Friend,” Massachusetts senator Elizabeth Warren has put out a personal(ish) ask for money on behalf of presumptive Democratic presidential nominee Hillary Clinton - a big indicator that Clinton sees the progressive darling as a powerful asset to her general election campaign.
“For 25 years, she’s been on the receiving end of attack after attack,” Warren wrote of Clinton. “She didn’t whimper. She didn’t whine. She’s always fought back with grace and determination – and no matter how many punches she took, each time she came out fighting stronger.”
Calling Clinton “a fighter” who will take on Wall Street, student-loan debt and fight for minority rights, Warren highlights Clinton’s “progressive agenda” in a likely bid to warm the left wing of the Democratic party to the candidate, after a bitter primary campaign against democratic socialist Bernie Sanders.
As Warren has done on numerous occasions, the email ends with a broadside against presumptive Republican presidential nominee Donald Trump, who Warren states has “built his campaign on racism, sexism, and xenophobia.”
Decrying Trump as “a small, insecure, moneygrubbing bully who doesn’t care who gets hurt, so long as he makes a buck off it,” Warren juxtaposes Clinton, who is “smart as a whip, and she’s a tough cookie.”
Not unrelatedly, the Associated Press reports that Warren is one of the few potential running mates who has been moved into full vetting mode.
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Film star Salma Hayek wondered what would happen if Donald Trump had Latino heritage. The results are... a little eerie:
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Clinton Foundation breached by hackers – reportClinton Foundation breached by hackers – report
Bloomberg reports that the Russia-linked hackers behind an attack on the Democratic National Committee also targeted the Clinton Foundation, according to “three people familiar with the matter”:Bloomberg reports that the Russia-linked hackers behind an attack on the Democratic National Committee also targeted the Clinton Foundation, according to “three people familiar with the matter”:
The Bill, Hillary and Chelsea Clinton Foundation was among the organizations breached by suspected Russian hackers in a dragnet of the U.S. political apparatus ahead of the November election, according to three people familiar with the matter.The Bill, Hillary and Chelsea Clinton Foundation was among the organizations breached by suspected Russian hackers in a dragnet of the U.S. political apparatus ahead of the November election, according to three people familiar with the matter.
The attacks on the foundation’s network, as well as those of the Democratic Party and Hillary Clinton’s presidential campaign, compound concerns about her digital security even as the FBI continues to investigate her use of a personal e-mail server while she was secretary of state.The attacks on the foundation’s network, as well as those of the Democratic Party and Hillary Clinton’s presidential campaign, compound concerns about her digital security even as the FBI continues to investigate her use of a personal e-mail server while she was secretary of state.
A spokesman for the foundation told Bloomberg that he wasn’t aware of any breach. It’s unclear what the hackers may have accessed. Opposition research on Donald Trump was removed in the attack on the DNC.A spokesman for the foundation told Bloomberg that he wasn’t aware of any breach. It’s unclear what the hackers may have accessed. Opposition research on Donald Trump was removed in the attack on the DNC.
These hacks are (as far as we know) separate from concerns about possible hacker attacks on the private email server Clinton used as secretary of state, an arrangement that is the subject of an FBI investigation. “The FBI has been careful to keep [the Clinton Foundation] investigation separate from the review of Clinton’s use of private e-mail, using separate investigators, according to the person briefed on the matter,” Bloomberg says.These hacks are (as far as we know) separate from concerns about possible hacker attacks on the private email server Clinton used as secretary of state, an arrangement that is the subject of an FBI investigation. “The FBI has been careful to keep [the Clinton Foundation] investigation separate from the review of Clinton’s use of private e-mail, using separate investigators, according to the person briefed on the matter,” Bloomberg says.
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After a poll last week showed Hillary Clinton neck-and-neck with Donald Trump in Utah – which John McCain won by about 30 points and favorite son Mitt Romney won by about 50 – a new poll, proudly disseminated on social media by the Trump campaign’s director of social media, shows Trump nudging into the lead:After a poll last week showed Hillary Clinton neck-and-neck with Donald Trump in Utah – which John McCain won by about 30 points and favorite son Mitt Romney won by about 50 – a new poll, proudly disseminated on social media by the Trump campaign’s director of social media, shows Trump nudging into the lead:
.@realDonaldTrump +9% UTAH#Trump2016 #AmericaFirsthttps://t.co/aBdXl5WLdP pic.twitter.com/XeFStRsniY.@realDonaldTrump +9% UTAH#Trump2016 #AmericaFirsthttps://t.co/aBdXl5WLdP pic.twitter.com/XeFStRsniY
Is this the first time any Republican campaign has ever bragged about getting 36% of the vote in Utah? https://t.co/aRAStYUwf2Is this the first time any Republican campaign has ever bragged about getting 36% of the vote in Utah? https://t.co/aRAStYUwf2
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A neighbor of Donald Trump’s golf course in Aberdeenshire, Scotland, has hoisted a Mexican flag to protest the candidate’s views on immigration, the Scotland Herald reports:A neighbor of Donald Trump’s golf course in Aberdeenshire, Scotland, has hoisted a Mexican flag to protest the candidate’s views on immigration, the Scotland Herald reports:
David Milne, whose land is surrounded by Mr Trump’s golf course at Menie, said he raised the banner in support of those who had been “intimidated and insulted” by the Republican presidential candidate.David Milne, whose land is surrounded by Mr Trump’s golf course at Menie, said he raised the banner in support of those who had been “intimidated and insulted” by the Republican presidential candidate.
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In light of the latest FEC filings, Commentary editor John Podhoretz takes Trump to task for failing to perform the humdrum hard campaign work of making calls to raise money and taking calls to raise money and speaking in living rooms to raise money and attending dinners and cocktail receptions to raise money. Key bit:In light of the latest FEC filings, Commentary editor John Podhoretz takes Trump to task for failing to perform the humdrum hard campaign work of making calls to raise money and taking calls to raise money and speaking in living rooms to raise money and attending dinners and cocktail receptions to raise money. Key bit:
Trump’s decision to sit in his skivvies in Trump Tower and phone into the Fox News Channel when he’s not on the road at big rallies making jokes about how Elizabeth Warren is or is not Pocahontas is, to people who take the art of practical politics seriously, definitive proof that he is a dilettante who has managed to bluff his way into the highest-stakes political game in the world.Trump’s decision to sit in his skivvies in Trump Tower and phone into the Fox News Channel when he’s not on the road at big rallies making jokes about how Elizabeth Warren is or is not Pocahontas is, to people who take the art of practical politics seriously, definitive proof that he is a dilettante who has managed to bluff his way into the highest-stakes political game in the world.
Podhoretz’s conclusion: “These numbers are so disastrous that they mean it would be nothing less than malpractice for Republican delegates not to consider seriously the possibility of ditching Trump at the convention.” Read the full piece here.Podhoretz’s conclusion: “These numbers are so disastrous that they mean it would be nothing less than malpractice for Republican delegates not to consider seriously the possibility of ditching Trump at the convention.” Read the full piece here.
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Trump questions Clinton's religionTrump questions Clinton's religion
In a talk before evangelical leaders in New York Tuesday, Donald Trump questioned Hillary Clinton’s faith, asserting that voters don’t know “anything about Hillary in terms of religion” despite a long public record of Clinton’s adherence to Methodism (see for example this report from June 2007).In a talk before evangelical leaders in New York Tuesday, Donald Trump questioned Hillary Clinton’s faith, asserting that voters don’t know “anything about Hillary in terms of religion” despite a long public record of Clinton’s adherence to Methodism (see for example this report from June 2007).
“And she’s been in the public eye for years and years, and yet there’s no, there’s nothing out there,” Trump said, according to remarks taped and posted online by conservative faith leader EW Jackson. “There’s like nothing out there.”“And she’s been in the public eye for years and years, and yet there’s no, there’s nothing out there,” Trump said, according to remarks taped and posted online by conservative faith leader EW Jackson. “There’s like nothing out there.”
Trump went on to say that politicians “ are selling Christianity down the tubes”.Trump went on to say that politicians “ are selling Christianity down the tubes”.
Our leaders are "selling Christianity down the tubes" #ConversationWithTrump pic.twitter.com/55PBY26aAvOur leaders are "selling Christianity down the tubes" #ConversationWithTrump pic.twitter.com/55PBY26aAv
Trump sent an email Monday afternoon announcing a new group of advisers “on those issues important to Evangelicals and other people of faith in America.” Advisers include Michele Bachmann, James Dobson, Jerry Falwell Jr. and Ralph Reed.Trump sent an email Monday afternoon announcing a new group of advisers “on those issues important to Evangelicals and other people of faith in America.” Advisers include Michele Bachmann, James Dobson, Jerry Falwell Jr. and Ralph Reed.
(h/t: @bencjacobs)(h/t: @bencjacobs)
Update: Revealed: Clinton on faith:Update: Revealed: Clinton on faith:
Hillary Clinton talked faith w/ me in January: "My faith is a central part of who I am." https://t.co/Y5xZxhI8ng pic.twitter.com/kj90VlSGbAHillary Clinton talked faith w/ me in January: "My faith is a central part of who I am." https://t.co/Y5xZxhI8ng pic.twitter.com/kj90VlSGbA
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The most popular candidate? Bernie Sanders, in pollThe most popular candidate? Bernie Sanders, in poll
Mona ChalabiMona Chalabi
The topline findings from a poll released today by CNN/ORC aren’t all that surprising - Hillary Clinton has 47% of the vote while Donald Trump has 42%, figures that are broadly in line with polling averages right now, writes Guardian US data editor Mona Chalabi:The topline findings from a poll released today by CNN/ORC aren’t all that surprising - Hillary Clinton has 47% of the vote while Donald Trump has 42%, figures that are broadly in line with polling averages right now, writes Guardian US data editor Mona Chalabi:
But because the survey put so many questions to the 1,001 respondents they spoke to between June 16 and 19, there are lots of interesting nuggets of information that might shed light on what the US electorate is thinking right now.But because the survey put so many questions to the 1,001 respondents they spoke to between June 16 and 19, there are lots of interesting nuggets of information that might shed light on what the US electorate is thinking right now.
Of course, this is only one poll (albeit one from a pretty respected polling company) so these numbers should be treated with caution, especially because we’re still months away from election day. But here are seven things that stood out from the report:Of course, this is only one poll (albeit one from a pretty respected polling company) so these numbers should be treated with caution, especially because we’re still months away from election day. But here are seven things that stood out from the report:
While 71% of non-white voters said they would support Clinton, 51% of white voters said they were planning to vote for Trump. And those who were under 45 were much more likely to say they’d choose Clinton (49%) over Trump (34%).While 71% of non-white voters said they would support Clinton, 51% of white voters said they were planning to vote for Trump. And those who were under 45 were much more likely to say they’d choose Clinton (49%) over Trump (34%).
6.26pm BST6.26pm BST
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Trump tweets attacks on ClintonTrump tweets attacks on Clinton
In what could be a preview of his speech tomorrow on the failings of Hillary Clinton, Trump is tweeting attacks on Clinton over her legacy as secretary of state, donations made to the Clinton Foundation and, inevitably, Benghazi.In what could be a preview of his speech tomorrow on the failings of Hillary Clinton, Trump is tweeting attacks on Clinton over her legacy as secretary of state, donations made to the Clinton Foundation and, inevitably, Benghazi.
The tweets lack Trump’s distinct diction, punctuation, tone. They’re flat, declarative and on-point. More effective this way?The tweets lack Trump’s distinct diction, punctuation, tone. They’re flat, declarative and on-point. More effective this way?
Hillary took money and did favors for regimes that enslave women and murder gays.Hillary took money and did favors for regimes that enslave women and murder gays.
If you want to know about Hillary Clinton’s honesty & judgment, ask the family of Ambassador Stevens.If you want to know about Hillary Clinton’s honesty & judgment, ask the family of Ambassador Stevens.
Hillary defrauded America as Secy of State. She used it as a personal hedge fund to get herself rich! Corrupt, dangerous, dishonest.Hillary defrauded America as Secy of State. She used it as a personal hedge fund to get herself rich! Corrupt, dangerous, dishonest.
6.18pm BST6.18pm BST
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Trump camp tries new tactic: rapid responseTrump camp tries new tactic: rapid response
Ben JacobsBen Jacobs
Trump’s campaign seems to be already shifting gears in the day since campaign manager Corey Lewandowski was fired, writes Guardian politics reporter Ben Jacobs:Trump’s campaign seems to be already shifting gears in the day since campaign manager Corey Lewandowski was fired, writes Guardian politics reporter Ben Jacobs:
During Hillary Clinton’s economic speech Tuesday afternoon, the presumptive Republican nominee sent out over a half-dozen rapid response emails, blasting “the catastrophic economic record under Clinton-Obama policies” and labeling his opponent “unstable, erratic, violent.”During Hillary Clinton’s economic speech Tuesday afternoon, the presumptive Republican nominee sent out over a half-dozen rapid response emails, blasting “the catastrophic economic record under Clinton-Obama policies” and labeling his opponent “unstable, erratic, violent.”
While rapid response emails are a traditional tool used by communications staffers on presidential campaigns to blast out their message to reporters, it is one that Trump’s campaign had never before used until Tuesday.While rapid response emails are a traditional tool used by communications staffers on presidential campaigns to blast out their message to reporters, it is one that Trump’s campaign had never before used until Tuesday.
Hillary Clinton attacked Donald Trump on the economy, and Trump responded with seven rapid-response emails. pic.twitter.com/oXEEMehgvEHillary Clinton attacked Donald Trump on the economy, and Trump responded with seven rapid-response emails. pic.twitter.com/oXEEMehgvE
Punctuation pivot https://t.co/0OAoP7393LPunctuation pivot https://t.co/0OAoP7393L
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As Clinton spoke, Trump tweeted away:
Hillary says this election is about judgment. She's right. Her judgement has killed thousands, unleashed ISIS and wrecked the economy.
Hillary Clinton surged the trade deficit with China 40% as Secretary of State, costing Americans millions of jobs.
How can Hillary run the economy when she can’t even send emails without putting entire nation at risk?
Hillary Clinton’s open borders immigration policies will drive down wages for all Americans - and make everyone less safe.
Obama-Clinton inherited $10T in debt and turned it into nearly $20T. They have bankrupted… https://www.instagram.com/p/BG7IYzumhZw/
I am "the king of debt."That has been great for me as a businessman, but is bad for the country. I made a fortune off of debt, will fix U.S.
5.58pm BST
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Clinton concludes with a thought experiment. Imagine Trump as president when “your jobs and savings are at stake”.
Clinton:
We can’t let him bankrupt America like we are one of his failed casinos. We can’t let him roll the dice with our children’s futures.
Just imagine if you can, Donald Trump sitting in the Oval Office, the next time America faces a crisis. Imagine him being in charge when your jobs and savings are at stake... someone thin-skinned and quick to anger, who’d likely be on Twitter attacking reporters, or bringing the whole regulatory system down on critics?
Would he even know what to do?
Donald Trump believes in the worst of us. He thinks we’re fearful not confident. ... He thinks the only way forward is to go back to a past prosperity...
In fact the only way forward is forward.
Clinton’s done. Cue Rachel Platten.
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Clinton: Trump has 'one move'
Clinton says he intentionally ran up debt, bankrupting his companies four times, and defaulting. “I play with bankruptcy,” Trump has said.
Clinton quotes him and replies:
Everything seems to be a game with him... in Atlantic city, he put his names on buildings, his favorite thing to do... when his casino and hotel went bankrupt because of how badly he mismanaged them, he still walked away with millions.
She quotes him again: “Atlantic City was a very good cash cow for me for a very long time.” Clinton replies, “remember that the next time you see him on TV.
He’s doing the exact same thing he’s been doing for years. This is his one move. He makes over-the-top promises... and then everything falls apart, and people get hurt. Those promises you’re hearing from him at his campaign rallies, those are the same promises he made to his customers at Trump university.
The same people he’s trying to get to vote for him are the people he’s been exploiting for years... It’s working people. He’s been involved in more than 3,500 lawsuiots in the last 30 years... a lot of them small businesses.. that never got paid.
Not because he couldn’t pay them, but because he could stiff them. Sometimes he offered them 30 cents on the dollar... hundreds of liens have been filed against him.
Clinton gives voice to the “painters, plumbers” working people stiffed by Trump: “I worked for him. I did my job. He wouldn’t pay me what he owed me.”
Clinton continues:
No this is not normal behavior. There are great business people here in Ohio, in America... they want to build something that lasts. They’re decent, they’re honest... and they would never dream of acting the way Donald Trump does.
In America, we don’t begrudge people being successful, but we know people shouldn’t do it by destroying other people’s dreams.
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Clinton: Trump's books about business 'all seem to end at Chapter 11'
Clinton cuts loose a line: “He’s written a lot of books about business. They all seem to end at Chapter 11.”
Clinton grants Trump his nickname “king of debt”:
The king of debt has no real plan for making college debt payable back... he has no credible plan for rebuilding our infrastructure apart from the wall he wants to build. Personally I’d rather spend the money rebuilding our schools... he has no ideas on how to strengthen Medicare or expanding social security..he has no real strategy for creating jobs... But then maybe we shouldn’t expect better from someone whose most famous words are ‘you’re fired’.
He has not clean energy plan..he just says climate change is a hoax invented by the Chinese. Well... it is a lot easier to say a problem doesn’t exist than it is to actually try to solve it.
She also says he has no plan to address generational poverty in rural and urban communities.
In the heat of a campaign... it is tempting to give simple answers to complex problems. Believe me I have been tempted. But I am not going to do that.
I think Donald Trump has said he’s qualified to be president because of his business record... Let’s take a look at what he did in his business. He’s written a lot of books about business. They all seem to end at Chapter 11. Go figure.
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“Trump’s own products are made in a lot of countries that aren’t named America,” Clinton says. She lists Trump ties, Trump suits, Trump ties, Trump picture frames, Trump barware.
I’d love for him to explain how that fits with all his talk about America first. I honestly believe that the difference between us is not just about policy. We have fundamentally different views about whether America is strong or weak... Donald Trump never misses a chance to say that Americans-- he’s talking about us – are losers, and the rest of the world is laughing at us.
Just the other day, he told a crowd that America quote ‘is not going to survive’. I don’t know what he’s talking about.
In her travels as secretary of state, she says, she saw envy of America around the world.
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Fifth, Trump on trade.
Clinton says “we should renegotiate trade deals that aren’t working” and reject new deals such as the Trans-Pacific Partnership.”
And here Clinton sounds like Trump:
When China dumps cheap steel.. or manipulates currency, we need to respond forcefully.
Updated
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Clinton: the USA 'doesn’t do business Trump’s way'
Clinton runs through what she says are the main weaknesses of Trump’s economic plan.
First, there’s his plan for Wall Street.
He says he wants to wipe out the tough rules we put on banks... he also wants to repeal the consumer financial protection bureau [Senator Warren’s watchdog agency]. Trump would take us back to where we were before the crisis. He’d rig the economy for Wall Street again. Well that will not happen on my watch, I can guarantee you.
Clinton says she would veto any effort to roll back financial regulations and seek to strengthen them.
Second, his approach to the national debt.
He calls himself the king of debt and his tax plan lives up to the name.
Clinton cites a study showing Trump’s tax plan would drive up the debt by trillions. She quotes him saying, “I would borrow, knowing if the economy crashed, you could make a deal.”
The full faith and credit of the United States is not something we just gamble away. That could cause an economic catastrophe. And it would break 225 years of ironclad trust that the American economy has with AMericans and with the rest of the world. Alexander Hamilton would be rolling in his grave. You see we pay our debts.
She quotes Ronald Reagan about America’s reputation.
Maybe Donald feels differently because he made a fortune filing bankruptcies and stiffing creditors. But the United States of America doesn’t do business Trump’s way. And it matters when a candidate talks like this.... even suggesting that the United States would default would cause a global panic.
She says Trump’s plan to print money is like Germany in the 20s or Zimbabwe in the 90s. “It drove inflation through the roof and crippled the economy. The AMerican dollar is the safest currency on the planet. Why would he want to mess with that? We can’t let these loose careless remarks get any credence.”
Third, Trump’s tax plan.
Clinton starts playfullly:
You know when I was working on this speech... I’d have my researchers send me information, and then I’d say, really? He really said that? And they’d send me all the background... so here it goes.
Clinton says Trump would give millionaires a $3t tax cut. Corporations would get $2t more dollars. Before releasing his plan, Trump said hedge fund-ers would pay more. But his plan “makes the current loophole even worse,” Clinton says.
Trump would get a tax cut under his plan, Clinton says:
But we don’t know exactly how much because he won’t release his tax returns. Every major presidential candidate in the last four decades has shown the American people their taxes...
You have to ask yourself, what’s he afraid of? Maybe that he hasn’t paid taxes on his huge income? ... Or maybe he isn’t as rich as he claims? Or that he hasn’t given away as much to charity that he brags about.
Whatever the reasons, Americans deserve to know before you cast your votes this November.
Fourth, Trump on jobs.
Clinton says Trump’s deportation and wall-construction policy could cause a recession.
“This policy is not only wrong-headed and unachievable, it is really bad economics.” She says expelling 11m people would cost a lot and shrink the economy.
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Clinton: 'Trump would throw us back into recession'
Economists of all political stripes agree, Clinton says: “Trump would throw us back into recession.”
She says a former McCain economic adviser estimated Trump’s policies would increase unemployment and debt and tank the stock market.
Clinton:
Every day we see how reckless and careless Trump is. He’s proud of it. Well that’s his choice. Except when he’s asking to be our president. Then it’s our choice.
Donald Trump actually stood on a debate stage ....and said that wages are too high in this country... he said and I quote, having a low minimum wage is not a bad thing for this country...
Back in 2006... Trump said... “I sort of hope that the housing market crashes” because he’d make money off of all the foreclosures.
...He has said all kinds of things about women in the workforce. [Calling women employees “an inconvenience”.]
He clearly doesn’t know much about how we have grown the economy over the last 40 years, which is largely thanks to women getting into the workforce and adding to family incomes.
Clinton says that abolishing Obamacare, as Trump wishes to do, would hurt families and the economy.
Updated
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Clinton: Trump 'shouldn’t have his hands on our economy'
Clinton:
Today I want to talk about what Donald Trump is promising to do to the economy. After more than a year it’s important that he be held accountable for what he says he’ll do as president.
A few weeks ago I said his foreign policy proposals and reckless statements represent a danger to the national security... it turns out, he’s dangerous [in business and the economy] too.
Just like he shouldn’t have his finger on the button, he shouldn’t have his hands on our economy.
5.18pm BST
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Clinton takes a swipe at Trump. She says her web site summarizes her economic plan, and:
I do admit, it is a little wonky, but I have this old-fashioned idea that if you’re running for president, you should say what you want to do, how you’re going to pay for it and how you’ll get it done.
I actually sweat the specifics because they matter.