Saturday, March 10, 2018

Larry Kudlow is brain dead and he's on the radio

Like Rush Limbaugh, Larry Kudlow doesn't accurately remember the Reagan era.

It's embarrassing coming from these self-appointed spokesmen for Ronald Reagan.

Unlike Limbaugh, however, Kudlow actually served in the Reagan Administration so he really ought to know better, but today on the radio he kept saying that the jobs created in February 2018 (313,000) don't get any better than that.

Flashback to February 1984: jobs added 481,000. Or February 1988: jobs added 453,000.

Need more?

June 1983: +379,000. July 1983: +418,000. September 1983: +1.115 MILLION.


1.115 MILLION!

IN ONE MONTH!

Do I need to go on?

Yes, I think I do.

November 1983: +353,000.
December 1983: +356,000.
January 1984: +446,000.
April 1984: +363,000.
June 1984: +379,000.
July 1984: +313,000.
November 1984: +349,000.
March 1985: +346,000.
July 1986: +318,000.
September 1986: +347,000.
April 1987: +338,000.
July 1987: +347,000.
October 1987: +492,000.
June 1988: +363,000.
September 1988: +339,000.
November 1988: +339,000.

The current jobs boom isn't a boom, not yet, not by a longshot, and is NOTHING like the Reagan era, and Kudlow is doing a disservice to the historical record in which he played a part.

You've become a political hack, Larry.

Funny how this week's Democrat Senate combined primary wins in Texas all seem to hug the border with Mexico


Pace Ann Coulter and The NY Times, core employment in February 2018 still hasn't recovered to the 2007 peak

In February 2018 core employment, ages 25 to 54, is 100.1 million, peak was 100.7 million, 11 years ago.

Count 'em.

Spare me the Rah! Rah! Trump! until there's something significant to cheer about.




Xi Jinping is now Winnie the Pooh . . . for life


Xi Jinping being mocked as Xi Zedong in China and around the world

From the story here:

The government’s censorship apparatus had to spring into action after the term limit proposal was unveiled, suppressing keywords on social media ranging from “I disagree” to “shameless” to “Xi Zedong.” Even the letter “N″ was blocked after it was used as part of an equation for the number of terms Xi might serve. ...

On Wednesday, International Women’s Day, law students at the prestigious Tsinghua University in Beijing — Xi’s alma mater — hung red banners that ostensibly celebrated the school’s female classmates but also satirized national politics. “I love you without any term limits, but if there are, we can just remove them,” read one, while another banner declared that “A country can’t survive without a constitution, we can’t go on without you.” University administrators weren’t amused. A student witness said the banners were quickly removed and notices posted requiring campus shops to register students who use printers to make large banners.

Chinese studying overseas have been more blunt. Posts in recent days popped up at the University of California, San Diego, with Xi’s picture and the text “Never My President” and spread to more than eight overseas universities, said Lebao Wu, a student at Australian National University in Canberra.


Trump to dignify a vicious little tyrant by meeting with him, and they're calling it a victory

Reagan free-trade globalism has gutted growth of worker earnings and suppressed job growth



It's not a boom: The pay increase for the vast majority of workers in February 2018 was merely average


Thursday, March 8, 2018

Bill Clinton's oral sex legacy: About 7 million men and 1.4 million women are walking around with oral HPV infections

From the story, "Oral sex is causing an oral cancer epidemic in men by outwitting natural defenses", here:

HPV-related tumors, in contrast, have increased more than 300 percent over the last 20 years. The virus is now found in 70 percent of all new oral cancers.

About 13,200 new HPV oral cancers are diagnosed in U.S. men each year, compared with 3,200 in women, according to federal data. Treatment – surgery, chemotherapy, radiation – can have disfiguring, disabling side effects. About half of late-stage patients die within five years.

Oral HPV infection rates are skewed by gender, just like the resulting cancers. The latest national estimates of this disparity, published in October, come from Deshmukh and his University of Florida colleagues. They used a federal health survey that collected DNA specimens to estimate that 7.3 percent of men and 1.4 percent of women have oral infections with high-risk HPV types. That translates to 7 million men and 1.4 million women.

Wednesday, March 7, 2018

Sorry, ADP private payrolls aren't booming now and haven't boomed since briefly doing so in 2005-2006

The reading is +2.2% in February 2018 vs. +4.05% in February 2006, twelve years ago.

Count 'em.


"Corporations are people" is based on the 14th Amendment, except it wasn't

Adam Winkler of the UCLA School of Law for The Atlantic explains, here.

Tuesday, March 6, 2018

The fool of a president George W. Bush is as pathetic as Trump in seeking validation at this point in his life

George W. Bush was easily the worst post-war president until Barack Obama came along.

And a lot of water has to go under the bridge before the verdict is in on Trump.

Meanwhile, these presidents who constantly look for validation or constantly assert their egos are a reflection of the decline of America, not its greatness. Comparisons between them amount to nothing more than sorting out the cleanest dirty shirt in the laundry.

Are there no real men left?



Poverty for persons 65+ and under 18 has been declining since 1986, but rising for everyone else




Grand Rapids, Michigan, Climate Update for February 2018

Grand Rapids, Michigan, Climate Update for February 2018


Max temp 63, Mean Max temp 50
Min temp 7, Mean Min temp -2
Av temp 29.8, Mean Av temp 24.5
Precip 4.93, Mean precip 1.78
Snowfall 20.7, Mean snowfall 13.1
Snowfall season to date 66.8, Mean Snowfall season to date 54.5
Heating Degree Days 978, Mean Heating Degree Days 1136
HDD Season to date 4656, HDD Mean Season to date 4895

Using Heating Degree Days, the cool season to date has been 4.88% warmer than the mean.

Monday, March 5, 2018

Sunday, March 4, 2018

Broward County officials responsible for Cruz' crimes because none of his prior to the massacre were reported or prosecuted, ON PURPOSE

Ann Coulter, here:

When it comes to spectacular crimes, it's usually hard to say how it could have been prevented. But in this case, we have a paper trail. In the pursuit of a demented ideology, specific people agreed not to report, arrest or prosecute dangerous students like Nikolas Cruz. 

These were the parties to the Nov. 5, 2013, agreement that ensured Cruz would be out on the street with full access to firearms: 

Robert W. Runcie, Superintendent of Schools 

Peter M. Weinstein, Chief Judge of the 17th Judicial Circuit 

Michael J. Satz, State Attorney 

Howard Finkelstein, Public Defender 

Scott Israel, Broward County Sheriff 

Franklin Adderley, Chief of the Fort Lauderdale Police Department 

Wansley Walters, Secretary of the Florida Department of Juvenile Justice 

Marsha Ellison, President of the Fort Lauderdale Branch of the NAACP and Chair of the Juvenile Justice Advisory Board 

Nikolas Cruz may be crazy, but the parties to that agreement are crazy, too. They decided to make high school students their guinea pigs for an experiment based on a noxious ideology. The blood of 17 people is on their hands. 

Laugh of the Day: It's much cheaper to teach a machine common sense than a liberal


Sweden's immigrant crime problem: Nothing's a problem until The New York Times says it's a problem


Flashback: "The polls, they say I have the most loyal people . . . where I could . . . shoot somebody . . ."

The Des Moines Register, January 23rd, 2016, here:

SIOUX CENTER, Ia. — Donald Trump told a crowd in Sioux Center on Saturday that he could "shoot somebody" and not lose traction with voters.

“You know what else they say about my people? The polls, they say I have the most loyal people," Trump said. "Did you ever see that? Where I could stand in the middle of Fifth Avenue and shoot somebody and I wouldn’t lose any voters, OK? It’s like incredible.”

Trump doubles down on autocratic rule in China, says "I think it's great"

If you're not offended by Trump's casual flaunting of the seriousness of his role as "leader of the free world" by now, then you are as un-American as he is and deserve to be ruled by a dictator.

Watch for Rush Limbaugh to dismiss this as just yet one more instance of Trump trolling his mostly liberal opposition in order to dominate the news cycle.

The news cycle.

That remark by the press during the 2016 campaign that Trump could shoot someone in the street and still get elected has drilled itself down into Trump's brain and has become a veritable axiom and exemplar to Trump about his invulnerability, which explains the freedom with which he has so many times gone off the reservation of his own supposedly strongly held beliefs: "They say I have the most loyal people -- did you ever see that? -- where I could stand in the middle of Fifth Avenue and shoot somebody, and I wouldn't lose any voters".

Obviously, he doesn't have any strongly held beliefs, except the belief in his own greatness which his twisted sense of self has from the beginning latched on to in the flimsiest of quarters, the news cycle.  

From the story here:

"He's now president for life, president for life. And he's great," Trump said, according to audio of excerpts of Trump's remarks at a closed-door fundraiser in Florida aired by CNN. "And look, he was able to do that. I think it's great. Maybe we'll have to give that a shot someday," Trump said to cheers and applause from supporters.

It is not clear if Trump, 71, was making the comment about extending presidential service in jest. The White House did not respond to a request for comment late Saturday.

U.S. Representative Ro Khanna, a Democrat, said on Twitter that "whether this was a joke or not, talking about being President for life like Xi Jinping is the most unAmerican sentiment expressed by an American President. George Washington would roll over in his grave."

Friday, March 2, 2018

South African parliament votes to violate post-apartheid agreements and confiscate white-owned farms without compensation

The story is here.

South African GDP has contracted by a whopping 29% as black radical Marxists have gained the upper hand there since 2011.

The country is following the pattern of neighboring Rhodesia, which willingly embraced Marxist Robert Mugabe in 1980.

Keep letting into America 1 million non-whites a year and the same will happen here.

It's just a matter of time. In South Africa, it took just 24 years.

Thursday, March 1, 2018

How about no VOTE under 21, and no car, no job, no credit card and no COLLEGE LOANS either?

Grow up already you bunch of babies.




Story in The Atlantic cherry picks data about senior poverty

The Census Bureau's new (since 2011 but fiddled with again in 2013) Supplemental Poverty Measure (SPM) shows senior poverty in slight retreat since 2009, but you wouldn't know that from the story here (you'd have to look at the chart to the left here) which says it's up between 2015 and 2016, which it most certainly is, but hey, c'mon. The fact is, the "official" measure shows that senior poverty has dropped big time since the mid-1960s when the rate was knocking on the door of 30%, stabilizing in recent years in the 8, 9 and 10% range:

The problem is growing as more Baby Boomers reach retirement age—between 8,000 to 10,000 Americans turn 65 every day, according to Kevin Prindiville, the executive director of Justice in Aging, a nonprofit that addresses senior poverty. Older Americans were the only demographic for whom poverty rates increased in a statistically significant way between 2015 and 2016, according to Census Bureau data. While poverty fell among people 18 and under and people 18 to 64 between 2015 and 2016, it rose to 14.5 percent for people over 65, according to the Census Bureau’s Supplemental Poverty Measure, which is considered a more accurate measure of poverty because it takes into account health-care costs and other big expenses. “In the early decades of our work, we were serving communities that had been poor when they were younger,” Prindiville told me. “Increasingly, we’re seeing folks who are becoming poor for the first time in old age.”

Wednesday, February 28, 2018

Once again Trump demonstrates that he has no principles: Confiscate guns without due process

It didn't take long for the office to go to his head, but go it has. The man is now a clear and present danger.

Who will stop him? Mike Pence? Paul Ryan? Mitch McConnell?


“I like taking the guns early, like in this crazy man’s case that just took place in Florida ... to go to court would have taken a long time,” Trump said at a meeting with lawmakers on school safety and gun violence.

“Take the guns first, go through due process second,” Trump said.

Some roaring economy: 4Q2017 real GDP revised DOWN today to 2.5% in second estimate

That's down from 2.6% in the first estimate.

3Q2017 real GDP was 3.2%, indicating the economy slowed down on an annualized basis in the fourth quarter by almost 22%.

Blame it on the hurricanes if you want, but growth for all of 2017 comes in at a paltry 2.3%. That's up from 2016's measly 1.5%, but so far, Trump's 3%-4% growth is nowhere to be seen.

And neither is The Wall.

Tuesday, February 27, 2018

Leader of the free world my foot: Trump White House says it's up to China if it wants to turn back toward autocracy

Li Datong, a former editor at the state-run China Youth Daily, posted a draft letter urging legislators to vote against the move -- which would abolish term limits set in 1982 under Deng Xiaoping to prevent a return to the decades of chaos under Mao Zedong.

"It was the highest and most effective legal restriction meant to prevent autocracy or putting individuals above the party and the state," said the letter. It was not sent to legislators but shared with hundreds of people in a private group on China's WeChat phone messaging app.

"Lifting the term limits of national leaders will be ridiculed by civilised nations all over the world and also sow the seeds of chaos for China," said the text posted on Monday. ...

"The president has talked about term limits in a number of capacities during the campaign and something that he supports here in the United States, but that's a decision that's up to China," said White House spokeswoman Sarah Sanders.

More here.

Monday, February 26, 2018

Supremes decline to rule on DACA ahead of court of appeals, could take another year to reach Supremes again

Illegality isn't an emergency to the Supremes. Neither is the challenge to the Executive branch's constitutional authority in the matter.

You live by the courts, you die by the courts.

If Trump had any balls, he'd ignore the courts and deport them all. Let the courts try to enforce their rulings.

Story here.

Peter Morici: Republican opposition to regulating prices will bring Medicaid-like single payer to USA

To Richard Brookhiser of National Review, illegal immigration isn't even a thing, and conservatism's biggest hypocrites are among the Religious Right

Here, where strong national defense, cultural and New York intellectual conservatives, and free-marketeers all receive his scorn:

Trump’s conservative admirers have had to abandon and contradict what they once professed to hold most dear.

The most egregious example is the religious Right. The religious Right is the latest version of an old model of American politics, variously incarnated by Puritans, abolitionists, and William Jennings Bryan. It, like its predecessors, has argued that America and individual Americans need to have a godly or at least moral character to thrive. Now the religious Right adores a thrice-married cad and casual liar. But it is not alone. Historians and psychologists of the martial virtues salute the bone-spurred draft-dodger whose Khe Sanh was not catching the clap. Cultural critics who deplored academic fads and slipshod aesthetics explicate a man who has never read a book, not even the ones he has signed. Followers of Harry Jaffa, the most important Lincoln scholar of the last 60 years, rally round a Republican who does not know why the Civil War happened. Straussians, after leaving the cave, find themselves in Mar-a-Lago. Econocons put their money on a serial bankrupt.

Poor fella. No one listens to him anymore.

Sunday, February 25, 2018

Laugh of the Day: Incompetent Sheriff Israel thinks he's Sheriff Joe

Quoted here:

"Jake, I can only take responsibility for what I knew about. I exercised my due diligence. I've given amazing leadership to this agency—" Israel started.

The tongue really had to lube the lips for that one.



Nikolas Cruz called the cops on himself, but not even they listened, or cared

Are you listening, America? To anyone?

The New York Times reports, here:

Mr. Cruz, 19, himself called the authorities just after Thanksgiving, describing how he had been in a fight and was struggling with the death of his mother. “The thing is I lost my mother a couple of weeks ago, so like I am dealing with a bunch of things right now,” he said in a childlike voice, sounding agitated and out of breath.

Saturday, February 24, 2018

The problem with Trump at CPAC is that he made it sound like the Second Amendment is negotiable

“By the way, if you only had a choice of one, what would you rather have — the Second Amendment or the tax cuts?”

More here.

Friday, February 23, 2018

I don't know what's more revolting, Rubio and Sheriff Israel appearing with Trump, or Trump proudly featuring the photo


Hey Trump, why not make 'em wait 'til 26?

There's no there there, just pure, unadulterated reaction.





Not only does Florida's Broward County Sheriff have four incompetent deputies, his political loyalties are to incompetents, too

More here.

Marco Rubio entertains infringing the Second Amendment

How about the First Amendment, Marco? Or the Sixteenth? or the Fourteenth? You skull full of mush.


"If we are going to infringe on the Second Amendment, it has to be a policy that will work," Rubio said in an interview Thursday with AP.

Thursday, February 22, 2018

Ironman estimates stock repurchases by corporate America of $628 billion in 2018 due to tax cuts


What we find is that 2018's projected total of $628 billion in buybacks will break the previous record of roughly $589 billion worth of stock repurchases that was set by U.S. corporations in 2007, which would work out to be about a 7% increase over that previous record.

Time will tell if share repurchases were the right thing for the companies that are choosing this action to have done with the benefits they received from U.S. corporate income tax reform.

Surprise, the tax cuts are showing up in, not your wallet, but enormous stock buy-backs by large corporations, which explains the rising stock market

In other words, so-called sideline cash coming into the market is really nothing more than taxcut cash reallocated to stock buy-backs by corporate America.

Marketwatch reports here:

But now, courtesy of Goldman Sachs, we know where the tax cut is really going. Surprise! It’s paying for stock repurchases by corporations, as Corporate America despairs of investing in much other than dividing the pie provided by near-record profitability into fewer and larger pieces.

Buyback announcements are up 22% this year to $67 billion in just six weeks, Goldman said in a note to clients. This follows a report by benefits consulting firm Aon Hewitt finding that 83% of large companies don’t expect the tax cut to boost salaries at all — just help pay for small bonuses companies like WalMart and AT&T gave workers, which reporters soon discovered were, themselves, skewed toward higher-paid, longer-tenured employees in many cases.

Wednesday, February 21, 2018

Maybe the obvious just isn't obvious in the South

You know, like slavery being wrong: Durham County North Carolina District Attorney drops all charges against Confederate monument vandals, even though there's lots of film.

On the other hand, they must call it North Carolina for a reason.




Monday, February 19, 2018

Just words: A total joke endorses a total joke

Mitt Romney, running for Senate from a shit-hole Utah, accepts endorsement of President Trump.

Story here.



Sunday, February 18, 2018

Today's installment in unserious America: A movie is a defining moment for Black America


Might as well be talking about Bill Cosby in "I, Spy", or Oprah beating Donahue, or Roots.

What vaporous, ignorant and meaningless lives we live that we elevate the fantasy du jour on a pedestal of meaning, and imagine we find it there.

Antietam September 1862 was a defining moment for black America. All other moments, especially this one, pale in significance.

Indictment of 13 Russians says interference efforts began in 2014, long before Trump was a candidate

Jonathan Turley, here:

Now, the special counsel and the deputy attorney general are saying that there is no evidence of knowing interaction of campaign staff with Russians interfering with the election. The paucity of such evidence follows a year of intensive investigation and the much heralded plea bargains with former National Security Adviser Michael Flynn and campaign adviser George Papadopoulos and the expected plea with former campaign official Rick Gates. There is still no evidence of anyone “wittingly” or knowingly colluding with these Russians. Moreover, the indictment says that the Russian efforts began in 2014, long before the candidacy of Trump.

Friday, February 16, 2018

The scam known as Informed Electorate PAC is quite the little money maker for its operators

A commenter has provided the website information from the State of Utah where the Informed Electorate PAC discloses its financials:

https://disclosures.utah.gov/Search/PublicSearch/FolderDetails/1414465

If you are one of the many contributors to this so-called PAC, your full name, address and contribution level are listed there.

And wow, there's an awful lot of gulls out there in America. It's a goldmine of a mailing list, free for the taking.

You'll also be fascinated to learn that for the "privilege" of paying these grifters to take your opinion, for that is what they are in my opinion, shameless grifters, they netted about $1.91 million in contributions in 2017 alone, of which about $1.79 million was expended.

On what? you ask.

Never heard of 'em, right? Most people haven't, which kind of gives the lie to their objective of informing anyone. I search in vain for itemized expenditures under "public relations". Instead I see lots of consulting fees and W-2 payrolls, evidently going to the principals.

Nearly $336,000 in 2017 went straight into the pockets of the President, Brett Payne, a board member Rob Andra, and someone named Joseph Demma, who appears to be related to Stacy Demma the Vice President (who is also the only other listed board member), and presumably the CFO Kenneth Kohfel and other unnamed employees. The reports show that the consulting fees in 2017 stopped being paid in July, and that the W-2 payroll line items start appearing once a month beginning in June.

A company named Fiercecom gets large sums regularly for data management, telephone services and fulfillment. Other regulars include Airespring, Heartland Payment Solutions and Skymail International.

One wonders if any of this PAC's principals have any personal business interests in any of the businesses which provide services back to the PAC.

Someone really ought to look into it, like 60 Minutes, or maybe the FBI.

I wonder what they'd find?

At any rate, for the umpteenth time, no legitimate polling organization asks YOU to pay to give your opinion.

The wonder of it all is that these snakes have found the ones that will pay, and that Utah has listed them all for the whole world to laugh at.

This is just one month from the disclosures, October 2017


Stock market boom? What stock market boom? It's been a bear market for return since August 2000 . . .

. . . and it could easily continue to be a bear market for return for three more years. The average length of the last three secular bears was 20 years, and we're only at 17.4 years through January 2018. Or, it could all end Monday in tears. Have a nice weekend!

As good as you think it's been, average return is underperforming the long term average of 9.13% by almost 38%.



The legacy of Mueller and Comey is yet more FBI incompetence revealed today: Tipster phone call to FBI ignored

From the story here:

PARKLAND, Fla. - Gov. Rick Scott called on the FBI director to resign Friday after the agency admitted that it failed to investigate a tip in January about the Parkland school shooting suspect. ...

The FBI confirmed Friday that a tipster who was close to Cruz called the FBI on Jan. 5 and provided information about Cruz's guns, desire to kill people, erratic behavior and disturbing social media posts.

The FBI said the caller expressed concerns Cruz could attack a school.

Laugh of the Day, 2.0: Terrible day at Cape Canaveral


Laugh of the Day: Map of countries with cars in space (Elon Musk, eat your heart out)


Thursday, February 15, 2018

We have met the enemy and it's corporate America, for supporting amnesty

Farcebook, IBM you bm we all bm, Microsoft, Marriott and NAM, the National Association of Manufacturers.

Gee, US manufacturers want the cheap foreign labor just as much as the hotels. What was that again about bringing the manufacturing jobs back to America, Mr. President?

Corporate America ADMITS they hire illegals instead of you, here:

Ending protected status for DACA recipients would push them out of the legal workforce – costing companies as much as $1.8 million a day in restaffing, according to the think tank New American Economy. America's corporate titans have cited the potential damage to the nation's labor force in urging Congress to find a solution for those workers before the program officially winds down March 5.

More FBI incompetence: "Unable to further identify the person who made the comment 'I'm going to be a professional school shooter'"

According to the story here.

These malcontents can get a FISA warrant on the basis of Democrat opposition research to surveil Trump, but somehow can't get to the bottom of whose YouTube account was used to post what appears to be the Florida shooter's threat.

Reminds me of James Comey, the former head of the FBI, testifying about the San Bernardino shooting that he did not know how guns are purchased on the internet (they are not).

As I recall, Google can be compelled by a court order, but the FBI was obviously keeping the court busy with something "more important".

I don't remember ever seeing this during the Obama administration


Tuesday, February 13, 2018

The president doesn't need any stinkin' reason to revoke any Executive Order, legal or otherwise

The judges in this country need a good ass whoopin'.

If Trump has any balls he'll ignore this.

The story, "Court orders full restoration of DACA program", here.

Obamas' gay artist Kehinde Wiley uses four to ten assistants in Beijing to produce art cheaper, admits some of his paintings are complete frauds

Kinda like the former president himself, wouldn't you say?


The spectacle is always carefully staged, particularly with “the boys,” which can sell for more than $100,000. “There are certain ground rules,” says Wiley. Eight to ten paintings per show. Men, usually. Street casting: Wiley goes out with a team to recruit young men as models. Back in the studio, they leaf through art-history books, and the subject gets to decide which old-style work he wants to be portrayed as. He poses for photos, and the photos become templates for full-size paintings, which Wiley produces with his assistants in New York, Dakar, and Beijing.

Or not. In many cases, Wiley acknowledges, none of that official process—the street casting, the selection of poses from art books, the painting based on those ­poses—happens at all. “The clothing, sometimes completely made up,” he says. “The models themselves, brought in from a fashion agency.” And in at least one case, the “boy” is in fact a girl. “Oftentimes, if there’s a show of ten paintings, four of them will be complete frauds.”



Brian Wesbury is back in the excuse-making business for future GDP

Here, complaining that the upcoming two-year Republican $300 billion discretionary spending extravaganza will crowd out the private sector.

Really?

Republicans were quite content under Obama to permit deficits of $7,313 billion over eight years, and Wesbury chirped the whole time about his good old Ploughhorse Economy which produced, for him, passable GDP.

Republicans now are rewarding their constituencies through spending, no less than Democrats did under Obama. The constituencies are different.

We'll see if the spending gets as out of control as it was formerly, but the handwringing, given the disparities, is misplaced. 

Sunday, February 11, 2018

Friday, February 9, 2018

Investors Business Daily forgets that Bill and Hillary Clinton had FBI files on hundreds in the 1990s

Here in "Russia-Trump Investigation: How Did Hillary Clinton Get FBI, FISA To Do Her Political Dirty Work?".

The Clintons have lots of information on lots of people and have had for a very long time, since they occupied The White House for eight years from 1993-2000. Their unethical and illegal acquisition of the FBI files, Filegate, was a huge scandal in 1996.

That's how they run the FBI.

It's called blackmail.

Sunday, February 4, 2018

YOUR average hourly earnings are NOT up 2.9% as widely reported, for example by Larry Kudlow this weekend

Yes, average hourly earnings of TOTAL PRIVATE, seasonally adjusted, is up 2.9% year over year in January 2018.

Well, whoop dee do. Not seasonally adjusted it's up only 2.2%.

What to believe?

Average hourly earnings of TOTAL PRIVATE reports as much of the total universe of earnings as possible, but that's not the universe of 80% of American workers. It includes everybody, including the higher rollers in the top 20% whose big increases can skew the reported number dramatically. 

80% of American workers inhabit the world of production and nonsupervisory workers, whose average hourly earnings have always been tracked by the government going back to 1964.

Seasonally adjusted those earnings are up 2.4% year over year in January, but not seasonally adjusted BARELY 2%, a below average figure for the measure which is in keeping with what's been going on since 2008.

The little guy in this country has been getting crumbs from the masters' tables since 2008 when the routine increases averaging 3.4% before that went away. The new era averages a gain of 2.2% year over year, a cut of 35%.

The biggest gain in recent memory was 2.8% for January 2017, meaning most workers got their best increases since 2008 in 2016, not in 2017, and the 2% gain for 2017 means . . . THIS IS NOT A BOOM.

When the average worker starts getting ROUTINE year over year increases above 3% you'll know things are better.

They aren't.


Saturday, February 3, 2018