Monday, March 12, 2018

BloggeRhythms

Last Friday, the backward slippage of the Democrat party caused this writer to post an entry after seven long months of absence. The key point then was “today’s breaking news demands that something be written whereas it may mark the end of the Democrat party as a viable political entity. And that’s because they not only have nothing to offer as a true alternative to Trump, their only premise is negativism.”

And now today, proving the total evaporation of valid benefits offered by Democrat ideology we have this confirmation from Liz Peek who writes @Fox News.com: 

“Next week, Democrat activist Tom Steyer goes to Columbus, Ohio, to host the first of 30 “impeach Trump” town halls planned in coming months across the country. The gatherings are part of the billionaire’s $20 million campaign to unseat President Trump. His group, Need to Impeach, not only calls for Trump to be removed from office, but also pressures Democrat candidates to “take a stand” and join that effort.  

“Tom Steyer was the nation’s top political donor from either party in the 2016 election cycle, giving $91 million to Democrat candidates, according to the Center for Responsive Politics. In the current cycle, he has pledged to spend $30 million to help Democrats take back the House of Representatives. That could buy a lot of followers.”

Thus, when all’s said and done it’s truly quite sad that an individual, Tom Steyer, is going to spend $121 million to unseat a president, yet has no platform, constructive ideas or candidate as a viable alternative.

Steyer’s nemesis, Trump, on the other hand keeps delivering for Americans just as he said he would from the very beginning.

This morning Michael Goodwin writes @nypost.com

“There he goes again. President Trump just won’t listen to those who know better.

“And there they go again. The smart money set is certain that this time, the sky really is falling.”

And as if written specifically for Steyer, Goodwin goes on: “Except for one thing: the critics offer no solutions for the working class Americans left behind by the bipartisan push for globalization. Their silence on the destructive impacts of the deindustrialization of America suggest they have no answers — and not much compassion for the families who pay the price of trade policies through lost jobs and hollowed-out towns.

“Moreover, their failure to focus on the plight of those families and how they factor into the president’s view of the nation shows they still don’t fully appreciate why Trump was elected. It was legions of frustrated working and middle-class voters in Pennsylvania, Michigan, Ohio and Wisconsin that helped him barrel through the supposedly solid blue wall of Democratic states.

“Those who forget the human impact of ideology would have benefited from watching the signing ceremony of the tariff proclamation.”

What’s more, Steyer’s mission to persuade voters to join him is no easy task whereas, as described by Bruce Thompson @washingtonexaminer.com back on December 20, 2017” 

“For individuals, the tax cuts benefit taxpayers in every income group, not just the wealthy. The three largest tax cuts come from the across-the-board tax rate reductions for all taxpayers ($1.2 trillion), the increased standard deduction ($720 billion), and the expanded child tax credit ($573 billion), all of which will provide substantial tax relief to middle-class taxpayers. According to the House Ways and Means Committee, the typical family of four earning the median income of $73,000 will receive a tax cut of more than $2,000 a year. The claim that the bill only benefits the wealthy is wrong.

“Second, history shows that tax rate reductions and reform can and will increase economic growth, and that annual economic growth above 3 percent a year is very possible. The Reagan tax cuts and reforms unleashed seven years of economic growth averaging 4.4 percent a year. From 1983 to 2005, our economy grew an average of 3.5 percent a year. In 15 of those 23 years, economic growth was 3.5 percent or higher. The Kennedy tax cuts of 1964 resulted in five years of economic growth averaging 5.5 percent a year. From 1965 to 1979, the economy grew at an average rate of 3.7 percent a year. A return to economic growth rates above 3 percent a year is a real possibility.

“Over the last 10 years, the economy has averaged only 2 percent growth a year, the slowest 10-year growth rate in our nation's history. CBO forecasts another 10 years of stagnant 2 percent growth under current policy. The Republican tax reform plan provides substantial tax relief to millions of taxpayers, and will benefit all Americans by getting us out of our slow-growth rut and increasing economic growth in the years ahead.”

Thus, for Steyer’s objective to be met there are several significant obstacles to be overcome. First he has to convince the majority of working Americans that substantially more take-home pay is bad for both them and the nation.

Then he has to downplay the huge turnaround in the nation’s economic growth and performance overall.

After which he must take on the very reasonable probability that North Korea may actually cease their nuclear activities, primarily caused by Trump’s firm stand on crippling sanctions.

And while Trump’s list of accomplishment grows steadily, poor Tom Steyer has no list at all. 


That’s it for today folks.

Adios

Friday, March 9, 2018

BloggeRhythms

It’s been almost exactly seven months since these posts were ceased due to personal time constraints caused by illness. However today’s breaking news demands that something be written whereas it may mark the end of the Democrat party as a viable political entity. And that’s because they not only have nothing to offer as a true alternative to Trump, their only premise is negativism.

Setting the premise, according to Rasmussen on Friday, December 29, 2017: “Looking back on President Donald Trump’s first year in office, he has compiled a shockingly strong record and long list of accomplishments. As was also the case with his rise to the presidency, President Trump has broken several records.

He “signed the Tax Cuts and Jobs Act before Christmas, ensuring U.S. business commitments for bonus payouts to at least hundreds of thousands of Americans workers. Within hours, numerous businesses announced wage increases and billions of dollars in various industry investments.”

The tax overhaul also repealed the individual mandate in ObamaCare. 

Regarding the overall economy, “In February, Dow Chemical CEO Andrew Liveris said that the Trump Administration is “probably the most pro-business administration since the founding fathers.” His remarks came after attending a meeting with President Trump, who hosted manufacturing leaders at the White House almost one month exactly after his inauguration.”

And then, according to CNBC at year end: “In the year since President Donald Trump has been in office, the economy has done something it has been unable to do since 2005: maintain 3 percent growth for three quarters in a row.”

Conversely “Under Mr. Obama, “experts” told us we just had to live with the new normal — 2% annual economic growth.”

Rasmussen goes on to say: “The Dow Jones Industrial Average has hit record highs nearly 70 times in 2017 and U.S. markets have created roughly 6.3 trillion in new wealth. In 2017, Americans’ 401Ks appreciated by 25% to 33% and Bank of America is forecasting the S&P 500 and NASDAQ Composite to rise at least another 12% and 16%, respectively, in 2018.” 

“What the economists and market strategists have totally underestimated in their GDP forecasting is the positive effect from the multi-agency regulatory roll back from the Trump Administration,” TJM Investments analyst Tim Anderson said. “This has led to a record high level of business confidence indicators and most recently the highest level of industrial production in 3 years.” 

Today, many pundits compare the impact of the phrase it’s “the economy stupid” used by Bill Clinton in his successful 1992 presidential campaign against George H. W. Bush as the primary, if not the only, allure Trump has to offer voters. Particularly because business was his lifelong endeavor. However, Trump’s performance in office is proving those pundits wrong.

For example, alongside the nation's outstanding economic performance, at the same time in the Middle-East, “In October, the U.S. Pentagon confirmed to People’s Pundit Daily (PPD) that Raqqa, the “capital of terrorism” in Syria, had fallen. Secretary Rex Tillerson said the fall of the Islamic State (ISIS) capital was accelerated by “critical decisions” made by President Trump. 

“In January, ISIS was actively plotting terrorist attacks against our allies and our homeland in Raqqa,” Secretary Tillerson noted. “Nine short months later, it is out of ISIS’s control due to critical decisions President Trump made to accelerate the campaign.” 

Rasmussen then notes that: “For nearly 40 years, Republicans have tried and failed to open the Arctic National Wildlife Refuge (ANWR) for oil drilling. Since the 1980s, the effort always failed in the face of intense opposition because weak congressional Republicans were too afraid of the Democrat-Big Media coalition. 

“They repeatedly abandoned the decades-old campaign promise. 

“Yet, a provision for drilling in ANWR was included in the President’s signature tax bill with minimal backlash.”

Then there was Trump’s nominating and the U.S. Senate confirming Justice Neil Gorsuch, “despite unprecedented opposition and obstruction by Senate Democrats. Many of those same Democratic senators, including Minority Leader Chuck Schumer, D-N.Y., unanimously confirmed Justice Gorsuch to his prior role in a voice vote back in 2006.” 

Another achievement concerned illegal immigration where “President Trump made cracking down on illegal immigration the centerpiece of his campaign and end-of-year statistics from the Department of Homeland Security (DHS) show historic success during the first year of his administration.“

“The U.S. Customs and Border Protection (CBP) in FY 2017 reported a 23.7% decline over the previous year. Illegal migration along the Southwest border declined sharply from January 21 to April, which was the lowest month of border enforcement activity on record. In FY 2017, CBP reported the lowest level of illegal cross-border migration ever on record. 

“The U.S. Immigration and Customs Enforcement (ICE) and Removal Operations (ERO) conducted 143,470 arrests and removed 226,119 illegal aliens, an increase of 40% from the previous fiscal year. From the start of the Trump Administration on January 20, 2017 through the end of the fiscal year, ERO made 110,568 arrests juxtaposed to 77,806 in FY 2016, also an increase of 40%. 

“Worth noting, 92%, or 101,722 illegal aliens arrested by ICE during the Trump Administration, either had a criminal conviction or a pending criminal charge, were an ICE fugitive, or were an illegal re-entrant. In other words, he isn’t ripping babies out of their mother’s arms and dreamers out of their homes en masse as the hysterical media portray.”

While these major accomplishments were proceeding, several others were also taking place including the declaring of Jerusalem the capital of Israel, pulling out of the Trans-Pacific Partnership which Trump called a “potential disaster for our country,” overseeing moves to expand oil drilling in the Arctic and Gulf of Mexico and granting permits to the Keystone XL and Dakota Access pipelines while pulling out of the Paris climate accords.

General satisfaction with Trump’s performance and future expectations can be seen in employer's reactions such as today’s news that “nonfarm payrolls rose by 313,000 in February while the unemployment rate remained at 4.1 percent, the lowest since December 2000,” as reported by Jeff Cox @cnbc. “The total counted as "employed" in the household survey surged by 785,000 to a record 155.2 million.”

Although these accomplishments seem quite significant, and they certainly are, another one may soon overshadow many of them whereas as reported by Joe Tacopino of the New York Post yesterday: “President Trump has agreed to sit down with his North Korean nemesis Kim Jong Un sometime in the next two months to discuss stripping the hermit nation of its nuclear arsenal.”

Many attribute the sudden change in North Korea’s hostile attitude to its realization that Trump is quite different than those proceeding him in office whereas he most often truly means what he says. Such as his warning in January that his "Nuclear Button" is "much bigger & more powerful" than the one controlled by North Korea's Kim Jong Un."

While any outcome, good or bad, certainly remains to be seen, its undeniable that unprecedented progress has been made by an American president.   

The best summation I’ve seen to date as to the underpinning of Trump’s successes comes from Charles Krauthammer's interesting perspective on him.

Krauthammer writes: “To my friends "of a different persuasion" I'm not trying to sell anything or anyone but I do feel this is an interesting take on our very controversial president who I truly believe is not Republican or Democrat.

“I said that I neither view nor do I believe Trump views himself as a conservative. I stated it was my opinion that Trump is a pragmatist. He sees a problem and  understands it must be fixed. He doesn't see the problem as liberal or conservative, he sees it only as a problem. That is a quality that should be admired and applauded, not condemned. 

“The impending collapse of the economy wasn't a Liberal or Conservative problem, it is an American problem. That said, until it is viewed as a problem that demands a common sense approach to resolution, it will never be fixed because the Democrats and Republicans know only one way to fix things and the longevity of  their impracticality has proven to have no lasting effect.

“Successful businessmen like Donald Trump find ways to make things work, they do not promise to accommodate.

"[S]uccessful businessmen like Trump who have weathered the changing tides of economic reality understand what is necessary to make business work, and they, unlike both sides of the political aisle, know that if something doesn't work, you don't continue trying to make it work hoping that at some point it will.

“As a pragmatist, Donald Trump hasn't made wild pie-in-the-sky promises of a cell phone in every pocket, free college tuition, and a $15 hour minimum wage for working the drive-through at Carl's Hamburgers.

“I argue that America needs pragmatists because pragmatists see a problem and find ways to fix them. They do not see a problem and compound it by creating more problems.

“You may not like Donald Trump, but I suspect that the reason some people do not like him is because:

(1) he is antithetical to the "good old boy" method of brokering backroom deals that fatten the coffers of politicians;

(2) they are unaccustomed to hearing a president speak who is unencumbered by the financial shackles of those who he owes vis-a-vis donations;

(3) he is someone who is free of idiomatic political ideology;

(4) he says what he is thinking, is unapologetic for his outspoken thoughts, speaks very straightforward using everyday language that can be understood by all (and is offensive to some who dislike him anyway) making him a great communicator, for the most part, does what he says he will do and;

(5) he is someone who understands that it takes more than hollow promises and political correctness to make America great again.

“Listening to Hillary Clinton and Bernie Sanders talk about fixing America is like listening to two lunatics trying to "out crazy" one another. Jeb Bush, John Kasich and Marco Rubio are owned lock, stock, and barrel by the bankers, corporations, and big dollar donors funding their campaigns. Bush can deny it, but common sense tells anyone willing to face facts is that people don't give tens of millions without expecting something in return

“We have had Democrats and Republican ideologues and what has it brought us? Are we better off today or worse off? Has it happened overnight or has it been a steady decline brought on by both parties?

“I submit that a pragmatist is just what America needs right now. People are quick to confuse and despise confidence as arrogance, but that is common among those who have never accomplished anything in their lives (or politicians who never really solved a problem, because it's better to still have an "issue(s) to be solved," so re-elect me to solve it, (which never happens) and those who have always played it safe (again, all politicians) not willing to risk failure, to try and achieve success).

“Donald Trump put his total financial empire at risk in running for president and certainly did not need or possibly even want the job; that says it all. He wants success for the U.S. and her citizens because he loves his country!”

Now, while Krauthammer’s adeptly described the circumstance regarding Trump’s accomplishments he’s simultaneously presented evidence of the Democrats probable extinction. Primarily because there is not an accomplished managerial “pragmatist” among them. 

What’s also interesting is that the same foreboding of doom surely applies to Republican politicians and their party as well.  However, they’ll most likely survive and do quite well in the future because for whatever reason, when  his time came they were the one's Trump decided to join. 

That’s it for today folks.

Adios

Monday, August 7, 2017

BloggeRhythms

Although daily entry’s are still in hiatus due to outside issues, an item today couldn’t be overlooked. Adam Shaw reported @breitbart.com: “The Trump administration notified the United Nations Friday of its intention to leave the Paris climate accord, the latest in a series of formal steps the administration needs to take to leave the agreement in 2020.”

“The State Department announced Friday that it had formally notified the U.N. of its intention to leave.

“As the President indicated in his June 1 announcement and subsequently, he is open to re-engaging in the Paris Agreement if the United States can identify terms that are more favorable to it, its businesses, its workers, its people, and its taxpayers,” a statement said.”

As regular readers know, the global warming farce has been a long-term subject here. Particularly regarding the scams of AlGore and liberal billionaire Tom Steyer who’s spent more than $100 million to push the climate change hoax to the political forefront. 

Unfortunately for Gore and Steyer however the POTUS “and many conservatives saw the deal as one that placed a disproportionate burden on America’s economy and business and called for the U.S. to be withdrawn.”

According to the State Department, the U.S. supports “a balanced approach to climate policy that lowers emissions while promoting economic growth and ensuring energy security.” It also indicated that it will participate in upcoming climate talks as a way to protect U.S. interests and ensure “all future policy options remain open to the administration.”

What’s most interesting in this case is that the Paris climate accord withdrawal was formally announced on Friday, and today, three day later, Chris Pleasance and Daniel Roth write @dailymail.co.uk: “Cooler temperatures are predicted to span much of the eastern part of the United States throughout the month of August.”

“The first of several spells of below-average temperatures saw shorts exchanged for sweaters across the east of the country over the weekend, with lows of 60F in Chicago and Green Bay on Friday.

“Those overnight lows are expected to persist in lands east of the Rockies for the next two weeks, with daytime highs ranging from the upper 70s to the low 80s, according to Weather.com. 

“Experts say a southward dip in the jet stream is causing the cooling effect.
This pattern will continue into the second week of August with below-average temperatures affecting much of the East Coast, Midwest, and some of the South. 

“The Weather Channel reports that Sunday morning saw record breaking lows in Missouri, Kentucky, Tennessee and Indiana.

“Another cold front is also expected to bring thunderstorms and showers through the central and eastern states early this week.

“New York City will be hit with showers and cloudy skies Monday morning, with temperatures staying in the high 60s.

“Between spells of cold weather temperatures could return to somewhere approaching seasonal norms, but the trend is for weather to be predominantly colder than usual, according to the Washington Post." And whereas the cold weather prediction came from a foremost liberal propaganda source, the revered Washington Post, that only adds to the veracity of the swing toward global-cooling.  

All of which serves to prove that Mother Nature has always had a mind of her own and always will. Regardless of how much money the likes of Gore and Steyer bilk from the gullible public on their climate schemes and scams. And what’s really amusing is that all one really needs to refute the multi-billion dollar climate-change hucksters is a plain old outdoor thermometer.

That’s it for today folks.

Adios

Wednesday, July 26, 2017

BloggeRhythms

While news providers trip all over each other in trying to provide flashes about the POTUS’s current dissatisfaction with Attorney General Sessions, the real problem may simply boil down to the fact that Trump is a businessman, not a politician. And therefore, the choices he makes are what he deems best for his organization at any particular point in time, despite the political issues that might be caused.

Yet, on the other hand, in regard to the areas he knows best, business, industrial leaders and their stockholders illustrate total confidence in the nation’s current economic outlook.
  
As reported by Fred Imbert @cnbc.com this morning: “U.S. stocks traded higher as more companies continue to report strong quarterly results.”

The Dow Jones industrial average rose 114 points to hit a record high as Dow-component Boeing posted earnings per share of $2.55, topping Wall Street estimates. “The S&P 500 also hit a record, rising 0.1 percent as telecommunications led advancers. The Nasdaq composite climbed 0.3 percent and also notched an all-time high.”

“Coca-Cola and Ford also posted better-than-expected quarterly results.

“Earnings season has been strong thus far. With 34 percent of S&P 500 components having reported as of Wednesday morning, 78 percent have beaten expectations on the bottom line and 73 percent have topped on sales, according to data from The Earnings Scout.

“Kim Forrest, senior equity analyst at Fort Pitt Capital, said she expects companies to continue reporting strong quarterly results this season. "The results are showing the economy continues to improve, so I would expect these types of results to continue."

At the same time, cnbc.com also reports that Apple-supplier Foxconn will announce a plant in Wisconsin on Wednesday evening. 

“The announcement would come on the heels of a Wall Street Journal interview with Trump, where he said he had spoken to Apple CEO Tim Cook about three U.S. factories. Apple has yet to comment on Trump's remarks. Cook told Jim Cramer on CNBC's "Mad Money" in May it would start a $1 billion fund to promote advanced manufacturing jobs in the United States. 

“With its wide network of developers, Apple has already created two million jobs in the United States, according to Cook. Apple supplier Corning told CNBC last week that it would "immediately" invest $500 million and create 1,000 new jobs in the United States, but those jobs were related to medical devices.”

However, despite Trump’s continual delivery as promised for the nation’s economy, job development and opportunity, the mainstream media maintains its relentless leftist-supportive assault on the POTUS’s non-existent Russian association. 

In this matter, Newt Gingrich has once again struck at the heart of the matter, suggesting the investigation change focus to where it really belongs. On the Clinton’s.

Jeff Poor writes @breitbart.com that “Tuesday on Fox News Channel’s “Fox & Friends,” former House Speaker Newt Gingrich called efforts to reopen the story of alleged corruption surrounding the Clinton Foundation “totally reasonable” given the environment the Democratic Party had created.

“According to Gingrich, questions about the Russian government’s associations with those tied to the 2016 Hillary Clinton presidential campaign deserved attention as well.

“Well, look, the president’s now had six months of watching the establishment go after him relentlessly, dishonestly with a whole series of falsehoods,” Gingrich said. “And he’s saying, ‘Wait a second, if we’re going to attack Don, Jr. for one 15-minute meeting, what about the fact that her campaign chairman’s brother was the registered lobbyist for a Russian bank? What about the fact that they had this uranium deal while she was secretary of state?”

“I mean, in a sense, the left has brought on itself creating an environment in which it is now totally reasonable to go back and reopen the whole Clinton Foundation story and ask if we want to look at Russian influence, there was a lot more money going to the Clintons by any standard than anybody has even begun to allege in any way affected the Trump operation, particularly since nobody’s found anything yet that affected the Trump operation,” he continued. “You know, Andy McCarthy, who’s a great former prosecutor in the Justice Department, keeps writing pieces saying there’s no crime here. How can Mueller be an independent counsel when they have yet to define a single crime?”

So, considering the facts involved, Trump’s reaction is exactly what it should be. And that’s what he’s upset with Sessions about now. 

As reported by Matthew Boyle @breitbart.com: “Trump is upset about how Sessions recused himself from the Russia investigation and did not tell him he would before he took office. Trump has a legitimate grievance there—there is literally no way that Eric Holder or Loretta Lynch would have recused themselves in a similar spot during their tenures as now former President Barack Obama’s attorneys general. Nonetheless, Trump has yet to directly call on Sessions to resign, and has not fired him—despite constant griping from the opposition party media pushing for that next soundbite for him to do so and to keep the story alive.”

Nonetheless, despite the facts of the matter stated above,  when politics are involved there are far more ramifications than would exist in the business world. 

As noted by author Boyle: “Sessions is a critical part of the Trump administration—and before there was a Trump administration, Sessions was a critical part of the “movement” that elected Trump to the presidency. Losing Sessions could endanger the administration and the split the critical coalition that helped Trump to the presidency. Doing that is something Trump supporters nationwide do not want to see—and in fact, with all the reports of Trump being upset after he fired Gen. Mike Flynn earlier this year, it might be wise for the president to slow down and think about this one before he fires away too harshly and quickly.”

History shows the depth of Sessions involvement in the Trump campaign and its critical importance from the outset as Boyle writes: “Sessions, the intellectual leader of the future of the conservative movement, has provided the brainpower behind the populist nationalist revolt against political elites that’s been emerging since at least 2013. At a warm and windy rally here with thousands present in a packed football stadium just outside Huntsville, Sessions appeared on stage with Trump to back him for president. Sessions’ endorsement provides Trump with even more legitimacy as Trump’s two remaining serious opponents—Sens. Marco Rubio (R-FL) and Ted Cruz (R-TX)—attempt to undermine him in a desperate bid by the donor class to regain control of the party from populists revolting in elections around the country. Sessions backing Trump is a significant blow to both Rubio and Cruz, as now the powerful Alabamian will be putting his entire operation all in behind Trump.

“The new book Devil’s Bargain: Steve Bannon, Donald Trump and the Storming of the Presidency also includes critical details about how Sessions knew that endorsing Trump was a critical moment in his career. If he failed to succeed in getting Trump not only the nomination but into the Oval Office past Democrat Hillary Rodham Clinton in the November 2016 general election, he would not have a future at all in GOP politics. Sessions bet it all on Trump, and they won.

“He became the first U.S. Senator to back the now-President of the United States. It was, as we reported at the time, a “game change” moment in the campaign—as big a deal as any other moment over the two years of Trump’s meteoric rise to the Oval Office.”

All of which serves to underline the point that politics is quite a different game than running one’s own business. And since that will remain the case, it might be best if Trump backed off the issue at present, giving Sessions some time to adjust his focus. 

Because even if Trump is absolutely correct in his analysis of Sessions, in the eyes of the mainstream media, his political opponents and many current supporters, Trump will still be perceived as wrong. And while that’s something that may not matter when running privately-owned enterprises, it can be a total disaster in the job he holds now.

That’s it for today folks.

Adios

Tuesday, July 25, 2017

BloggeRhythms

Today’s another wherein one has to wonder if those on the left ever pay attention to what goes on in the nation, or simply pursue their consistently backward agenda, regardless. 

Evidence of Democrat refusal to accept and respect the wishes of the public majority can be seen farther along in today’s entry. But first, here are several examples of what their stubbornness is up against.   

It was mentioned here yesterday that according to a new Rasmussen Report survey: 74% of adults rate life as good or excellent. That’s the highest level of satisfaction ever recorded by Rasmussen

“Only 5% of Americans in this survey rate their life as poor.

And now, today Fred Imbert reports @cnbc.com that: “The S&P 500 rose 0.4 percent to hit a record high, with financials, materials and energy rising more than 1 percent to lead advancers. The Dow Jones industrial average rose 123 points.

“Caterpillar and McDonald's contributing the most gains.

"This is what the market needs to hear from industrial names coming in strong," said Quincy Krosby, chief market strategist at Prudential Financial. "This is the earnings week."

"The majority of companies that have reported have beaten" the Street, said Nick Raich, CEO of The Earnings Scout. "If there is a negative in these numbers, and this was expected, is that the earnings growth rate has declined from the first quarter."

Wall Street also expects the Fed to keep interest rates unchanged at its meetings this week, while major metro area home prices rose 5.7 percent in May, according to the S&P CoreLogic Case-Shiller home price index. 

The vast improvement in the nations economy is further seen in an article by Scott Lanman this morning @bloomberg.com/news, titled: “Pickup in Confidence Shows Americans Upbeat on Jobs, Economy”

“A four-month high in U.S. consumer confidence reflects Americans’ sunnier views on both their current situation and outlook, a positive sign for the economy, data from the New York-based Conference Board showed Tuesday.

“Overall, consumers foresee the current economic expansion continuing well into the second half of this year,” Lynn Franco, director of economic indicators at the Conference Board, said in a statement.
  • Share of respondents citing “good” business conditions rose to the highest level since early 2001; the proportion expecting them to improve over the next six months also increased
  • Labor differential, measuring share of those saying jobs are plentiful minus the share saying they’re hard to get, widened to 16.1 percentage points, the most since August 2001
  • Consumers were modestly less upbeat about income prospects than in previous month
  • Buying plans up for autos and homes, down for major appliances
And then, after 74% of adults rated life as good or excellent, with the highest level of satisfaction ever recorded by Rasmussen, followed by a continual stream of improvement across the economic board, Alex Roarty reports @mcclatchydc.com/news that: “Democrats please progressives with left-leaning policy agenda”

“The Democratic Party’s top leaders talked about reviving Teddy Roosevelt’s fights against big corporations, mimicked Bernie Sanders’ calls for a massive minimum wage hike, and echoed Franklin Roosevelt’s promise to deliver a “New Deal” to the American public.

“It was the kind of message the party’s liberal wing has waited years to hear.

“For a long time the Democratic Party has been pretty timid about the role of government,” said Tamara Draut, a vice president of policy and research at the liberal think tank Demos. “It’s a good thing to see them leaning in to it.”

Chuck Schumer then offered an opinion one really has to think about. Because it seems as if he doesn’t really know what nation he lives in or has even an iota of knowledge of how that nation is supposed to function.

Schumer said: “When you lose elections, as we did in 2014 and 2016, you don’t flinch, you don’t blink. You look in the mirror and ask what did we do wrong? The number one thing we did wrong was not to present a strong, bold economic agenda to working Americans so they’re hope for the future might return.” 

Schumer’s language proved cause for Roarty to note that it “was reminiscent of a revolutionary-minded activist.” 

“Old-fashioned capitalism has broken down, to the detriment of the consumer,” the Democratic Senate leader said. (The term “Better Deal” is an homage to President Franklin Roosevelt’s New Deal economic program from the 1930s, which many liberals still view as the foundation for the party’s economic agenda.)

“Progressive leaders also approved of the substance of agenda. That wasn’t surprising, given that many of the proposals in the “Better Deal” agenda were tailor-made to please a liberal audience, including raising the minimum wage to the $15-an-hour mark Bernie Sanders advocated for during last year’s presidential election. 

“It also calls for allowing Medicare to negotiate drug prices, reshaping trade deals, and creating a new government position to enforce anti-trust laws.”

While the economy-stifling objectives are obvious in Schumer’s verbiage, Liz Peek wrote an excellent rejoinder @FoxNews.com this morning.

“If you don’t succeed at first, fail and fail again. Democratic congressional leaders who seem to be pursuing that strategy trotted out a series of failed solutions Monday to problems that only worsened under the Obama administration. They mislabeled their absurd plan “A Better Deal.”

“If truth-in-labeling laws applied to political slogans, the Democrats would have to rename their new game plan “An Awful Deal.”

“Senate Minority Leader Chuck Schumer (D-N.Y.) and House Minority Leader Nancy Pelosi (D-Calif.) were joined by other top Democrats at a news conference in tiny Berryville, Va., in a laughable effort to show that big-city Democrats really and truly care about ordinary Americans and not just far-left elites.

“But instead of coming up with effective and workable policies, the mislabeled Better Deal is the same old collection of anti-business, anti-growth, anti-job policies that guided the Obama White House and that resulted in eight years of sluggish economic growth and stagnant family incomes.

“Obama’s anti-business posture, echoed in the Democrats’ new platform, hurt the country and hurt job creation. How can Democrats deny it, when even the prospect of lower corporate taxes and lighter regulation under President Trump caused the World Bank to raise its growth expectations for the United States. Why do they think the stock market keeps hitting new highs?”

While the level of understanding Ms Peek shows regarding the nation’s economy is outstanding on its own, she also included an observation from JPMorgan Chase CEO Jamie Dimon who applied his world-renown banking knowledge to explain: “the absurdity of the anti-business jihad that so many Democrats embrace when he spoke on an earnings conference call earlier this month. Dimon said he had recently visited France, Argentina, Israel and Ireland, and spoken with the prime ministers of India and China. “It's amazing to me that every single one of these countries understands that practical policies that promote business and growth is good for the average citizens of this countries, for jobs and wages, and that somehow, this great American free enterprise system, we no longer get it," Dimon said. 

However, not to find fault with Dimon’s conclusion because he certainly is a most-qualified observer. Nonetheless, Trump voters surely got his message, which is why he’s now in office and the nation’s economy is rapidly turning for the better.

That’s it for today folks.

Adios

Monday, July 24, 2017

BloggeRhythms

Several news story's today serve to show why leading Democrats grasp at the tiniest of straws as they try to keep their failing party together. And it’s the lack of having anything substantial to offer constituents that leads to reactions such as the creation of Russian witch hunts, making them look even worse than the pathetic whiners and hopeless cases they truly are.    

An item news.grabien.com titled “As Gas Prices Fall to 12-Year Low, Schumer Claims Gas Prices 'Never Go Down, begins: “Even as gas prices have fallen to the lowest point in years under President Trump, Senate Minority Leader is claiming the price of petrol has only gone up.”

According to the text: “Over the July 4th holiday weekend, gas prices were at their lowest point since 2005, according to the AAA.

"At $2.23, today’s average national gas price is the cheapest the country has seen all year," AAA reported. "On the week, gas prices fell in 46 states. Only Illinois, Oklahoma and Washington, D.C. saw prices increase, albeit by one cent each, while Hawaii and Maine remained flat. South Carolina continues to carry the cheapest gas in the country at $1.90. Today, consumers can find gas for $2.00 or less at one out of every four gas stations in the country."

Despite the statistics presented, when Schumer appeared on This Week with George Stephanopoulos, he claimed prices are only rising, thanks to "huge companies buying up other big companies."

"Gas prices are sticky -- you know, when the domestic price goes, uh, when the, uh, price for oil goes up on the markets, it goes right up but it never goes down.," Schumer said. "How the heck did we let Exxon and Mobil merge?"

After reading Schumer’s assessment, one has to wonder who he thinks his audience is. Because anyone owning a gas-driven vehicle or machine knows full well how gas prices have fallen.  

And once again its readers who prove the point.

Reader Western commented: “Well, he is correct. Prices in California have gone up, and scheduled to go up even more, due to liberal taxation.

Old Hickory wrote: “Schumer is confused and thinks Barak "Prices will necessarily rise" Obama is still in office. Obama did everything he could to sabotage US energy production. He tried to regulate coal to death and oil and gas acreage leased fell to a 35 year low. The result was coal mines shut down and O&G production on federal land dropped by 15% even while the shale boom nearly doubled production on private property.”

Matamoros added: “Yep oil peaked at well north of $100 a barrel under Obama. It stayed over $80 for most of 2010-2015. That was a huge gift to Putin and OPEC. Those stupid policies are what allowed Putin to fund his military buildup. Thanks to private investment, we are now exporting liquid NG, undercutting Russian market share and profit margins in Europe. Energy price decline is a major factor curtailing Russian aggression, just like in the 1980s.”

BigAl further noted: “All of that and sold 20% of our uranium to the Russians as well.”

All of which goes to confirm that if the Democrats continue without a meaningful, recognizable platform with tangible benefits, today’s voter's are far too well-informed to accept the divergence attempts of witch-hunts. Particularly when leaders like Schumer come across as totally ignorant of simple staistics, such as current trends in the price of a basic commodity like oil.

On the other hand, however, another article concerned a topic in which Democrats are consummate experts; politics. 

Brooke Singman writes @FoxNews.com about the same politician, Schumer, “who had choice words for Hillary Clinton in an interview over the weekend, blasting the Democratic presidential nominee for blaming Russia for her loss to now-President Trump -- who picked up on the jab in a Monday morning tweet. 

“When you lose to somebody who has a 40 percent popularity, you don’t blame other things -- Comey, Russia -- you blame yourself,” Schumer told the Washington Post. “So what did we do wrong? People didn’t know what we stood for, just that we were against Trump. And still believe that.”

He was referring to “comments Clinton has made tying her November election loss to multiple factors -- including former FBI Director James Comey’s decision to re-open the investigation into her private email server as well as the email hack of her campaign chairman's account.”

So, here’s a guy who blamed the presidential election on the lack of a platform, and running a campaign based solely on being against the other candidate. Yet, he did it on the very same day that when discussing particular issues, such as the price of oil, he has no idea whatsoever of what he’s talking about either.    

And then, what truly becomes an interesting circumstance regarding all the efforts of Democrats to uncover Trump collusion with Russians during the past election, the vast majority of the American people are quite content with the way things are going at present.   

As presented by Rush on Friday: “This is from Paul Bedard, Washington Examiner, but it’s actually the result of a Rasmussen Reports survey. You ready for this? Seventy-four percent of the American people say they have never felt better and are very happy. New Rasmussen Report survey: 74% of adults rate life as good or excellent. That’s the highest level of satisfaction ever recorded by Rasmussen. That’s up from 61% in 2010 and 67% in 2014.
“Only 5% of Americans in this survey rate their life as poor. Most of those surveyed said the first 40 years of life were the best. Unmarried adults were the happiest.”

Thus, one would have to believe that creating issues where there are none, make the Democrat lack of a platform even harder to attract voters who are now happier than they’ve been in recorded history.  

Bringing us to another Democrat issue with which they appear to be incorrect about, as reported by AWR Hawkins @breitbart.com who writes:

“A study from the Crime Prevention Research Center (CPRC) shows during the time period 2007 to 2015, the percentage of adults with carry permits rose 190% and violent crime fell by 18%.

“According to CPRC,  from 2007 to 2015 the “murder rates fell from 5.6 [per 100,000] to 4.9 per 100,000. This represents a 12.5% drop.” At the same time, “overall violent crime fell by 18 percent.” And again, these drops are coinciding with a 190% increase in “the percentage of adults with permits.”

The CPRC showed that the number of concealed carry permit holders “grew by a record 1.83 million” in 2016. This beats the previous record of 1.73 million, set in 2015, and means “6.53% of American adults have permits.” Moreover, “outside the restrictive states of California and New York, about 8% of the adult population has a permit.”
“CPRC observes: Regression estimates show a significant association between increased permit ownership and drops in murder and violent crime rates. Each one percentage point increase in rates of permit-holding is associated with a roughly 2.5 percent drop in the murder rate. This holds true even after accounting for incarceration rates, the number of police per capita, and other demographics.
“In other words, more concealed carriers, less murder.”

Making one wonder if leadership on the left is ever going to do some research on subjects before they present incorrect matter in the future. Because although 74% of adults rate life currently as good or excellent, they might be able to attract some of the 26% finding it somewhat less. Provided they can ever come up with something beneficial to offer.

That’s it for today folks.

Adios

Friday, July 21, 2017

BloggeRhythms

Sorry folks, still under the weather. So, after 2627 (7 plus years) straight daily entry’s I’m taking some time to recover and pick up again on Monday. 

But, as long as I’m here today, noticed three items on Drudge worth noting.

According to to CNSNews.com: “The real value added to the U.S economy by the mining, construction and manufacturing sectors boomed in the first quarter of 2017, while the real value added by the financial and insurance sector dropped, according to data released today by the Bureau of Economic Analysis.

“Overall, the U.S. economy grew at an annual pace of only 1.4 percent in the first quarter. But the value added by mining grew by a booming 21.6 percent, while construction grew 5.6 percent and manufacturing grew 4.7%.

“The overall 4.7 percent growth in manufacturing reflected 5.0 percent growth in manufacturing of nondurable goods (i.e. products such as clothing and food) and 4.4 percent growth in the manufacturing of durable goods.

“At the same time that mining, construction and manufacturing were booming, the finance and insurance sector declined by 2.1 percent.”

Then Katherine Rodriguez reports @breitbart.com that: “USDA statistics on Supplemental Nutrition Assistance Program (SNAP) participation showed that 42,609,852 people in the U.S. took part in the food stamp program in fiscal year (FY) 2017, the lowest level it has been since 2010 when 40,302,000 people enrolled in the program.”

While the economic news was breaking, Joshua Caplan @thegatewaypundit.com reported: 

“Under the leadership of former Obama official Tom Perez, a new FEC report reveals the DNC finished the month of June $3.3 million in debt. 

“They’re broke. Just like their policies.”

Does anyone else see a correlation in these happening. Or is it just me?

That’s it for today folks.

Adios