Friday, September 27, 2024

Democrats are whistling past the graveyard of the industrial downturn, but this article misses their coerced misallocation of investment to a green energy economy the voters don't want

 But perhaps most ominous are signs that domestic manufacturing is on the cusp of a full-blown sectoral recession. Output has declined for five months, no doubt due to uncertainty over interest rates, as well as the debilitating shortage of skilled workers. The contraction, however, isn’t merely a reflection of Federal Reserve policy reinforcing supply-side choke points, which has undercut Team Biden’s efforts to reshore industry. In fact, production has been largely anemic since at least the slump of 2019; according to the Institute for Supply Management, a leading industry association, a 13-month stretch from 2022 to 2023 was the longest downturn since 2000-2002, when Permanent Normal Trade Relations with China went into effect. ... 

These patterns should be of grave concern to progressives—as a matter of politics and policy. A similar, overlooked downturn late in President Barack Obama’s second term likely contributed to Hillary Clinton’s defeat in Pennsylvania, Michigan, and Wisconsin in the 2016 election. That, along with her campaign’s astounding indifference to the industrial Midwest, practically cemented the view among many working-class whites that today’s Democrats have abandoned their New Deal roots. Although the Harris-Walz ticket appears to be sustaining momentum and has trained its focus on preserving the “Blue Wall,” unanticipated headwinds in battleground counties could spell the same fate as Clinton’s. ...

The reality is that dozens of counties reeling from job losses have effectively experienced what many wage-earners rightly feared: stagflation. In more rural regions, peak inflation was higher than the national average, a trend which spread from the South to the postindustrial Northeast. Its toll undoubtedly compounded the sense of helplessness among rural households, who tend to pay more for groceries and other staples. Mainstream liberals seem reluctant to acknowledge as much. ...

An economy pockmarked by mini-regional downturns, moreover, belies headlines heralding a manufacturing renaissance.

More

 


 





Kamala Harris is not cutting it with Pennsylvania Catholics like Joe Biden once did

 


 Harris’ challenge isn’t limited to abortion. The region continues to inch rightward. And Harris didn’t do herself any favors in 2018, when as a senator she grilled a Catholic judicial nominee about whether he could remain impartial due to his membership in the Knights of Columbus, a respected Catholic fraternal organization with a strong presence in northeastern Pennsylvania. The questioning is fuel for a multi-million-dollar campaign in swing states, including Pennsylvania, led by CatholicVote, a conservative advocacy group. ...  in the northeastern part of the state, Trump was ahead by a comfortable margin, 50 percent to 43 percent.

... white Catholics nationally voted for Trump by a wide margin in 2020 and were on pace to vote for him again, with a spring Pew survey finding that white, non-Hispanic Catholic voters preferred the former president by a 61 percent to 38 percent margin over Biden. According to a recent EWTN/RealClear poll, that gap has narrowed, with Trump leading Harris among white Catholics, 52 percent to 42 percent. ... A Brookings analysis earlier this year by University of Pennsylvania professor John DiLulio noted that Hillary Clinton lost the overall white Catholic vote by 33 points in 2016, but four years later, Biden cut that deficit in half, losing by only 15 points. “As much as any single shift in voting patterns between those two elections, the shift in the white Catholic vote away from Trump cost him the 2020 election,” wrote DiLulio.

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The story never once mentions the possible appeal of J. D. Vance, a convert to Catholicism in 2019, to America's Catholic voters.

Core pce inflation rose year over year in August 2024 2.7% vs. 2.6% in July, a rate almost 69% worse than the average rate under Donald Trump

Core pce inflation averaged 1.6% year over year under Donald Trump.

 











CNBC knows full well that core pce inflation is the key gauge watched by the Fed, but it headlines the happy talk, lower, non-core number:

Fed officials tend to focus more on core as a better measure of long-run trends.




Thursday, September 26, 2024

Gold hits record high of $2,685.42, drags silver up to $32.71

 Silver rose to its highest level in nearly 12 years on Thursday, riding the coattails of gold’s rally to record peaks on interest rate cuts by major central banks.

Spot silver was 0.7% up at $32.06 per ounce, having hit $32.71 earlier in the day, its highest since December 2012. ...

Silver, which serves as both a safe-haven investment and a key material in industrial applications, has rallied more than 36% so far this year. ...

Spot gold, meanwhile, was up 0.6% at $2,673.06 per ounce, having hit a record high of $2,685.42 earlier in the day. U.S. gold futures for December delivery rose 0.4% to $2,695.8.

More.

It's the foolishness of youth which chooses to throw away its vote in protest when there will be truckloads of fraud

But there are signs of maturity emerging.

 



Kamala Harris dodges price controls question, Democrat hack Stephanie Ruhle is just fine with that

 Stephanie Ruhle is the Democrat hack who was a cheerleader for the orgy of pandemic spending, which Biden's economic adviser Jared Bernstein (who famously can't explain the fiat money system) thanked her for, and who once opined that it was good enough for Kamala to say bread costs 50% more because that proves she's not avoiding the issue.







The Dynamic Duo of Phony Baloney: Kamala Harris quotes Ecclesiastics like Joe Biden quotes The Palmist

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Have they ever read a word of it?



Tim Walz, who has an uncanny resemblance to a lunatic, appointed a guy to a post in Minnesota who calls for the overthrow of the US government

Tim Walz might as well be antifa.

 



Joe Biden literally doesn't know where he is at any given moment as we speak, and the Baghdad Bob Democrats are just fine with it almost three months after Olivia Nuzzi blew the whistle

 



Wednesday, September 25, 2024

ICYMI: The House Republican spending bill with Trump's provision to stop non-citizen vote fraud was defeated on Sept.18 202-220 because of 14 Republican No votes, 5 Republican No shows, and 2 Republican fools voting present

 

House GOP torpedoes Speaker Johnson’s funding bill :

A diverse group of House Republicans torpedoed Speaker Mike Johnson’s (R-La.) proposal to fund the government on Wednesday, dealing an embarrassing blow to the GOP leader and derailing his strategy to avoid a shutdown at the end of the month.

Fourteen Republicans joined virtually every Democrat in voting against the spending plan — which paired a six-month stopgap bill with a measure that would require proof of citizenship to vote — bringing the final tally to 202-220, with two voting present. Three Democrats crossed the aisle to back the measure. [Davis of North Carolina, Golden of Maine, and Perez of Washington State]

The Speaker faced a troika of GOP opposition, with hard-line conservatives criticizing the use of a continuing resolution; defense hawks voicing concern about the impact the long-term funding bill would have at the Pentagon; and moderates expressing worries about having a shutdown threat so close to the election.

The roll call vote is here. 5 Republicans didn't bother to vote, mostly liberals from New York. Libertarian fool Thomas Massie and Marjorie Taylor Gazpacho Greene voted present. The 14 Nay Republicans included cranks Biggs, Boebert, and Burchett, as well as grandstander Matt Gaetz and Nancy Look At My Big Tits Mace.

Don't blame Donald Trump or Speaker Johnson, or the 199 Republicans who supported them.


 


 



Gold: New record high $2,670.43

 Spot gold was down 0.2% at $2,652.99 per ounce by 1657 GMT after hitting an all-time high of $2,670.43 earlier. 

-- Gold consolidates after smashing record on rate-cut momentum

In 2018 Kamala Harris was Up Up With Education and Down Down With Deportation

 

Resurfaced Video of Kamala Destroys Her Latest Fakery on the Border 

 

 Since replacing President Joe Biden at the top of the Democratic presidential ticket in August, Harris has desperately walked back her far left policy positions through anonymous staffers and ran an ad claiming she is tough on illegal immigration. The ad featured footage of former President Donald Trump's border wall, which Harris voted against and vehemently opposed. 



 


Food deflation has been exceedingly rare since the 1950s and often comes with a world of other hurts when it does, like in 2009

 



Only Democrats get a blank check to incite you know what after two attempted you know whats

 Gina Raimondo, Party of Violence.



Gallup: The political environment suggests the election is Trump’s and Republicans’ to lose

 The political environment suggests the election is Trump’s and Republicans’ to lose. Nearly every indicator of the election context is favorable to the Republican Party, and those that aren’t are essentially tied rather than showing a Democratic advantage. Nevertheless, the two major party presidential candidates have similar favorable ratings in Gallup’s September poll, echoing presidential preference polls that suggest a neck-and-neck race between Trump and Harris.

Here.



ThE fEd RaTe CuT wAsN't PoLiTiCaL aT aLl

 




Tuesday, September 24, 2024

Don't worry, Tim's just there to change the air filter in their pick-up truck, and share some Anthony Weiner pics

 



Oh! Gee! Covid-19 is heading south after all the hopeful alarums of another pre-election catastrophe

Oh my God, batten down the hatches, nothing bad coming to save Kamala Harris!

 

 


Trump and Harris agreeing on ending the filibuster rule reminds me of McCain and Obama agreeing on something inadvisable in 2008

 


They both interrupted their campaigns to vote for TARP on October 1, 2008, which became law on Friday, October 3, but did nothing to stop the panic.

On Monday, October 6 Jim Cramer came on the Today Show at 7am and told people who needed their money in the next five years to sell their stocks.

The S&P 500 fell from 1099 to 848 by October 27th, almost 23%, on its way to the March 9, 2009 closing low at 676 (there was an intraday low of 666 on March 6).

Over 500 bank failures marked the era fueled by these events, and more than 6 million lost their homes.

And no one went to jail.

Nothing good will come of ending the filibuster, either, not with the country this divided.


 


For those saying Kamala Harris would get rid of the filibuster just for abortion, she herself said in 2019 she'd get rid of the filibuster to pass the green new deal

Everything would be up for grabs.

 


Trump has long been against the filibuster because he thinks the bar too high to get anything consequential passed in the Senate

Although the filibuster is not in the constitution, the senate filibuster rule was as old as the constitution, and it acts like the veto power of the president which is in the constitution, except it is the senate's veto over the house so to speak.

It helps keep things bipartisan, and often slows down things which haven't been thought through enough. Obviously it hasn't been foolproof. 

 

 



Harry Reid eliminating the filibuster for judicial appointments worked out poorly for Democrats, Kamala Harris tells Wisconsin Public Radio she'd eliminate the filibuster to get a national right to abortion back

 It doesn't occur to these people that Republicans would retaliate in kind when they regain control of both chambers of Congress, passing their biggest ideas on simple majorities.

Retiring Senator Joe Manchin said ending the filibuster would turn the Senate into "the House on steroids," which is exactly right.

Retiring Senator Kyrsten Sinema said Republicans would use the new power "to ban all abortion nationwide", which is unlikely but possible.

But still Kamala persists, because she's not too bright.



 

 

Look at all the big corporate money voting for Kamala Harris with their checkbooks compared with Trump

 


Another record high for gold at $2,639.95, now up 44% year over year

 Gold prices surged to a record high on Tuesday as a cocktail of factors, from hopes of further U.S. rate cuts and China stimulus measures to elevated Middle East tensions, lifted demand.

Spot gold steadied at $2,625.25 per ounce after hitting a record high of $2,639.95 earlier in the day.

U.S. gold futures were flat at $2,651.30.

More.

One year ago gold was ~$1,825.
















And updated 39 minutes ago lol:

Spot gold was up 1.1% to $2,656.38 per ounce after earlier hitting a record of $2,654.96. U.S. gold futures gained 1% to $2,680.00.


Monday, September 23, 2024

Joe and Kamala send additional troops into combat zone Kamala said no troops were in during debate with Donald Trump

 


Democrat professors, but I repeat myself

 


FBI crime data investigation July 2023: 32% of all police agencies submitted no data for 2022, new reporting requirements to make data incomplete for years to come, and EXPECT POLITICIZATION


 

 

 

 

 

 

 

 

 

 

 

 As many police departments are still in the process of complying with the FBI’s new reporting requirements, experts predict that the national crime data is likely to be incomplete for years to come, and will leave more room to politicize crime statistics without concrete evidence. These issues are likely to become more urgent as the country moves closer to another election cycle where crime is certain to be a potent issue: In 2024, the FBI is likely to release its national crime data just before the election.

More

And . . . right on cue:



Sunday, September 22, 2024

Still waiting for someone to ask Kamala Harris about those price controls



"It's only been a month, bro"

Olivia Nuzzi did more than anyone, next to the president himself in debate with Trump, to rip the mask off the no-longer-present President Joe Biden

But who is running the show right now?

And why is no one . . . alarmed?


 


 The worry is not that Biden will say something overly candid, or say something he didn’t mean to say, but that he will communicate through his appearance that he is not really there. ...

Biden instead was cocooned within mounting layers of bureaucracy, spoken for more than he was speaking or spoken to. ...

the traveling protective pool — the rotating group of reporters, run by the White House Correspondents’ Association ...

In April . . . My heart stopped as I extended my hand to greet the president. I tried to make eye contact, but it was like his eyes, though open, were not on. His face had a waxy quality.

-- Olivia Nuzzi, "The Conspiracy of Silence to Protect Joe Biden", New York, July 4, 2024

https://nymag.com/intelligencer/article/conspiracy-of-silence-to-protect-joe-biden.html 

https://archive.ph/z0ULo#selection-1637.80-1637.190



For a public school teacher, Tim Walz is a very intelligent imbecile

 


Well, that one on the right for sure