Monday, January 29, 2018

Follow up: More on the FED, DACA and Immigration, The Memo, Political Correctness

      This is a follow up to some of my recent reports.  The last report was a little long and I apologize for it and also that it discussed some aspects of the economy that aren't well known.  I apologize in advance as well, as I am about to do it again. I said that the various Fed branches are loaded with Obama moles serving as directors and could use the Fed to destroy the benefits of the Trump agenda and economy.  I just discovered that the Fed has stopped rolling over $10 billion/month in short term government bonds that it holds as part of quantitative easing that helped support the disastrous measures taken by the Obama regime to effect the economy.  This has been going on for 4 months. Normally the farther out one goes with a bond's maturity, the higher the interest rate.  This is risk related so that a one year note has a lower rate than a 30 year note. On rare occasions, when the rates become inverted, this becomes an ominous sign, as it usually precedes a recession. By not rolling over the bonds, short term rates will rise in order to attract new buyers and they are already starting to approach the long term rates.  No one except the left and Obama and his supporters want a recession. They want to destroy the economy to discredit President Trump and hurt America.  The Fed is supposed to prevent recessions, if possible, but it seems like they could be leading us into one.  Keep close watch on the Fed to see how when and by how much the Fed raises rates this year.  I will try to follow who they vote in as new directors are at each bank as many of the old directors' terms are up. We have a new Fed Chairman Jerome Powell appointed by President Trump, but I don't know where he stands or how much power the various Fed branches have in relationship to the chairman.

      The President didn't follow my advise and the government was shut down for a day or so.  Because only a short term resolution was finally passed, we will go through this again in a week or so.  The President has now seen the light and with a brilliant strategy placed a great immigration package on the table, giving an eventual path to citizenship to 1.8 million DACA people.  In addition his plan calls for $25 billion for border security, an end to chain migration, and a change to the immigration lottery rules, that opens the lottery to only those who can be of benefit to America, adopt American ways and values, and not just become welfare recipients and Democrat voters.  Typically the Democrats have already shown their true colors and this will hurt them in the 2018 elections.  They have demonstrated to the American people that they are more interested in non citizens than Americans and their initial reaction to the President's plan has reinforced this.  Nancy Pelosi and Democrat supporters have tried to make this a racial and white supremacist issue, but I think that most American, except for the far left, will see through this.  Americans have already seen that the America first policy of the President has created jobs, raised wages, brought money back home, and pledges to grow businesses that will increase employment and strengthen the economy.  Blacks and Hispanics have record employment rates and women's employment is at a 17 year high.  The money that will be repatriated and the taxes created by increased employment may eliminate a deficit for the next year.  Congressional Republicans need to push hard to get this immigration bill passed to generate some enthusiasm for the midterm elections.  At times it seems that the leadership is asleep with little emphasis on getting things done. Republicans need to understand that the MSM is against them and with lies and fake news is out to create a self fulfilling prophecy. about Republican loosing the midterms

      It looks like the Congressional intelligence Committee has finally done something worthwhile and authored a four page memo that outlines the treasonous abuses of some members of the DOJ and FBI at the highest level. It will be interesting to see how up this goes beyond the DOJ and FBI to the Oval Office, HRC, and the Democrat Party.  Penalties for these crimes can be severe and can involve major prison time.  Who will roll over first as the investigation moves up the food chain?  With long prison sentences hanging over them, will one of Obama's protectors flip?  Although this should have a major impact on Mueller's investigation, it seems he is not a man of fairness and integrity.  Though his investigation has not discovered any evidence of collusion (we knew it wouldn't) he presses on and has charged people with crimes unrelated to the President.  He has been forced to fire members of his team for obvious bias and he should fire a few more.  Their work should be discredited. Despite the anemic efforts and pace of Congress to get things done, there is still a major news coming out any day now exposing the corruption. It may mean that anything obtained from the illegal FISA warrants is tainted and puts an even darker cloud over the legitimacy of Mueller's investigation and any indictments he has made or planning to make will be poisoned and thrown out if they go to court.  Resignations have already begun from the number 2 Deputy Director Andrew McCabe and 3 FBI Chief of Staff James Rybicki after the memo was read over the weekend by new FBI director Chris Wray. The swamp is being cleared.

       I have noted the political correctness has changed our lexicon.  Communists/socialists are now called Progressives, Antifa, or Democrats.  Though not all Democrats are communists/socialists, many at the left of the party are.  The Soros funded Center for American Progress uses the same initials as Communist Party America.  I don't think it is a coincidence.  In addition, many so called globalists are either socialists or communists.  Communism has always had a  globalist strategy ("workers of the world unite") attempting to take over country after country during the 20th century.  Socialism is also a globalist political philosophy and the major issues used to further its goals include the global warming hoax and open borders.  Another popular politically correct term that in reality means robbing hard working Americans by the government is now called "social justice."  How just is taking from those who work and giving to those who won't?  Obamacare and the thankfully ill-fated Cap and Trade plan are examples along with high taxes.  President Trumps successful appearance at the Davos economic summit has shown the world how to build a thriving economy and that America is one again leading from the front.

Friday, January 19, 2018

After Collusion with Russia and Mental Deterioration Have Failed , What's Next for Democrats

      Democrats can still not get over President Trump's overwhelming electoral victory over their designated successor to Obama. First they tried a laughable narrative that President Trump colluded with Valdmir Putin and Russia to win the election.  The ridiculous investigations by Special Counsel Robert Mueller and Congress have essentially run their course and have not found anything worthwhile.  In fact, the only collusion with Russia that was used to try to win the election has turned out to be with Hillary Clinton and the Democrats.  The DNC, controlled financially and politically by HRC, paid out $10 million through their attorney Mark Elias to Fusion GPS headed by Glenn Simpson, a Democrat firm that tries to find negative information on Republican candidates, to fund a dossier compiled by a former British agent Christopher Steele about any Trump ties to Russia.  Since none of any consequence existed, a dossier, filled with fake unsubstantiated  salacious claims was created and yet HRC paid out $10 million for a fake dossier.  Give me a break.  They all knew it was fake and that is why it was not made public during the campaign.  Instead it was passed on to complicit FBI agents who colluded with HRC, Obama,  and the Democrat Party to obtain FISA warrants on Trump and the Trump team and was eventually used as a factor in calling for an investigation by a special counsel.  This move quickly backfired on the Democrats.  And now crimes involving HRC, the Democrat Party, Obama and his cronies like Susan Rice, Samantha Power, Ben Rhodes, Loretta Lynch, and James Clapper, along with a group of rogue FBI agents such as Assistant Director Andrew McCabe, Richard Strzok, and Director James Comey have been uncovered and the investigation is at it earliest stages. If Sessions and the DOJ follow through, these crimes will make Richard Nixon's Watergate look like child's play.  An attempt to unseat a sitting president may be looked at as treason and the penalty for treason can include the death penalty.  If charges that emerge that are that serious, I doubt whether Obama's cronies will continue to take the fall for him and will be climbing over each other to make a deal.
      Next the Democrats have tried to say that the president is mentally unfit and want to use the 25th Amendment to remove him from office as with a Republican majority in both houses, they cannot just impeach him.  That might be hard even if the Democrats had a majority, as disagreeing with the President's policies are not grounds for impeachment, Obama would have disappeared before his eight years were up.  Left leaning psychiatrists as well as totally unqualified people in the MSM have tried to foster the message that the President is insane or suffering from Alzheimer's Disease.  These psychiatrists have violated the code of ethics as issued by the American Psychiatric Association.  It is unethical and non medical to issue a diagnosis without first examining a patient.  Rear Adm. Ron Jackson, who has serves as physician to President Trump and to the last two presidents as well,  just performed a physical exam on the President including a mental status exam and announced that the President is in very good health and mentally fit, to the dismay of the Democrats and MSM.  Imagine how corrupt they all are, wishing the President was ill or mentally unfit.  If anyone was in ill health it is HRC, who had several episodes of fainting or falling during the campaign and whose campaigning became very limited and access to the MSM all but disappeared.  I would like to see Nancy Pelosi, Maxine Waters, John Lewis, Sheila Jackson, and Al Green open their latest physical exam to the public and MSM.
      So what's next for the Democrats.  Foolishly with the help of the MSM, they may even want to attack the economy via the stock market.  It would be impossible to attack the current economy that has improved rapidly since President Trump entered office. By abolishing Obama's business and economy killing executive orders almost all sectors of the economy began to rapidly improve. Passage of major tax cuts to businesses and individuals has accelerated the process with many businesses giving bonuses and/or raises to its non executive work force.  The stock market is on a tear, as well,  taking only seven sessions to go from 25K to 26K recently.  Black employment is at an all time high and Hispanic at its highest since 1979. People aren't that stupid to believe that the tax cuts hurt them when they see a bonus check and an extra forty or fifty dollars per week in the pay check.  On that alone, many will vote their wallet and Republican in the midterm elections.  Passing a comprehensive immigration bill that keeps low wage unskilled illegal workers out of the country and making America safer will also help.  The stock market is vulnerable to attack.  Many pundits have been crying ever since President Trump took office that the market is over bought and in a bubble state predicting the bubble bursting and subsequently causing a downturn in the economy as it did in 1987, 2000, and 2008.  The biggest fake news story of 2017 went to economist Paul Krugman of the NY Times, who said that the economy would collapse after President Trump was elected.  He has since admitted his mistake, but still says bad things will happen.  CNN, MSNBC, some at CNBC, and other MSM sources claim the bubble is about burst every time there is a down day on the market. This will keep unsophisticated investors on edge and as October approaches, I look for this to happen more and more with some emphasis, advising to get out and take profits. If you say this loud and long enough, it might just become a self fulfilling prophecy. If there is a drop in the market from this, the sophisticated investor will look at this as a buying opportunity.  Unwittingly, the MSM will allow the rich to get richer.
    Finally the Federal Reserve could also represent a danger to the President.  The Federal Reserve is thought to want to raise interest rates three times this year, but ordinarily doesn't raise rates at a meeting right before an election as markets can be sensitive to a change.  During the Obama regime interest rates were kept near zero to compensate for Obama's destructive economic policies. Therefore pay attention to when and how much the Fed raises rates.  Why do I say this? As we are well aware, Obama has filled every place he could with anti Trump moles, having politicized and weaponized everything he could, even in positions that are supposed to remain politically neutral like the IRS and the FBI. Believe it or not he has even inserted his moles onto the boards of the 12 Federal Reserve Banks.  Would you believe that a former attorney for the SEIU, Sara Horwitz sits as a C director of the New York Federal Reserve and David M. Cote, once called by Obama the business man he most admired, even though he was fired by Jamie Diman of J.P. Morgan Chase for losing $6 billion as a risk manager overseeing derivative trading.  He is a B director who once served on Obama's committees of business executives and oversaw a PAC that has donated $7 million to political candidates.  When he was appointed as a B director, it was questioned because of his lack of banking experience. The other boards have similar members with ties to Obama. Look them up as I have.
      Many of us were criticized, when we said we wanted Obama to fail as we were well aware of Obama's overall plan to crush the American economy and push America into socialism.  When Obama fails, America succeeds.  On the other hand, if President Trump fails, America looses.

Monday, January 15, 2018

The Clinton Shit Show in Keeping Haiti a Shithole.

(Note: I normally do not use profanity in any of my blogs, though some comments to me do, but in keeping with Obama and Clinton...and oyes President trump, I will in this blog) 
   
      President Trump's in private remarks calling Haiti a "shithole" was rather crude, but Sen. Dick Durbin (Dem,) reporting it to the MSM was a calculated act of betrayal. This was never about Haitians themselves, but the country they came from,  This was, in part, about what to do with Haitians who had been allowed to temporarily immigrate under Temporary Protective Status (TPS) after the 2010 earthquake. Some, 58,000 were already here, but assigned TPS and another 31,000 who were allow to enter after the earthquake. Should they now be deported back to Haiti?
     Haiti has an interesting and tragic history.  It became the second independent country (the United States was first) in the Western Hemisphere after a successful slave revolt in1804.  For several decades Haitians were intermittently under attack and blockaded by France, who wanted to get their lucrative sugar producing colony back. Eventually, Haiti agreed to pay France the outrageous sum of $175 million.  Amazingly, it took to 1947 to pay off this debt. Meanwhile Haiti was devastated by corrupt leadership that kept the country impoverished while enriching themselves.  A ruling caste system mostly consisted of lighter skinned mixed race elites.  In 1910, the situation in Haiti became so perilous that it was invaded by America who controlled the country and managed its finances until 1934.  Afterward, corrupt leadership returned that culminated in the election of "Papa Doc" Duvalier who became a violent dictator using his private army, the Tonton Macoute, to control the populous. He was seceded after his death by his son "Baby Doc," who was ousted in 1986.  Once again, corrupt leaders continued to be elected and ruin the country.  Violence and poverty caused many Haitians to attempt the dangerous trip to Florida via rafts and barely seaworthy vessels. By 2010 there were almost 600,000 Haitians living in America.  In January, 2010 a devastating category 7 earthquake hit Haiti destroying much of it capital and most populous city, Port Au Prince.  The response of the world was quick and generous providing $10 billion with about $3 billion coming from the US government and American charities. Furthermore, the press was delighted when Bill Clinton visited the disaster strewn country and was subsequently appointed special delegate in charge of coordinating the aid to Haiti via the UN and the Clinton Global Initiative. With his wife Hillary, the current US Secretary of State, what could go wrong?    
      One would have expected that the Clintons, with all this money at their disposal, would have transformed Haiti into a Caribbean paradise, but sadly that was not the case.  I suppose one might say that corruption breeds corruption and the Clinton's used this huge pot of money to enrich themselves and Clinton Foundation contributors rather than the Haitian people.  I won't go into all the details, but if you are interested, look at a  July 22, 2016 article "How the Clinton Foundation Got Rich Off the Haitian People" by Dinesh D'Souza in the National Review.  Haitians living in New York picketed Bill Clinton on multiple occasionsin 2015 asking where the money went.  The MSM was silent.




                            Photos are of Haiti in 2017.  This is what the Clinton's accomplished

     Haiti was a "shithole" before the earthquake, a worse "shithole" after the earthquake and with little improvement after the Clinton's intervention  7 years after the earthquake. Even with $10 billion at their disposal it remains a "shithole." It is not the people of Haiti that are the problem, but corruption from the outside and within at the highest levels. As usual Democrats and the MSM has stepped in it again,  pun intended, and the more we look into what has gone on in Haiti, especially including the theft committed by the Clinton Foundation, the outrage should move from President Trump to Clinton corruption.
   
     

Wednesday, January 10, 2018

This Little Discussed Obama Legacy Could Destroy America

      We all applaud President Trump as he eliminates one terrible Obama regulation after another that prevented economic and job growth.  His immigration policy, when passed, will mean more money and jobs for Americans and lower taxes will not only stimulate business, but put more money in the hands of workers and allow for job creation.  The dreadful Obamacare mandate has been eliminated, thus defanging that terrible program.  Still there is one aspect of his legacy that could utterly destroy the American economy and throw financial markets into panic and free fall.
      Those of you who follow my blog, know that I am constantly discussing Obama's exposure to sociology professor Richard Cloward while a student at Columbia University.  In 1966 Cloward and his wife and fellow sociologist Francis Ford Piven proposed an economic program that became known as the Cloward-Piven Strategy.  In short, this strategy was to expand the welfare rolls to the point where the welfare system could not support it and so it would collapse and then it would be  replaced by a guaranteed minimal income and in theory eliminate poverty. (what a joke) Heavily taxing working Americans  would fund by taxing this insane program.  This massive redistribution of wealth would disincentivize people from working, cause social disruption, unrest,  possibly violent class and racial warfare, and possibly collapse the economy and destruction of the value of the dollar, all recognized by Cloward and Piven.   Obama saw this strategy as merely a starting point and then, as if on steroids, went on a spending spree that cost $10 trillion dollars, doubling the national debt. Placing high taxes and restrictions on banking and business, implementing trade deals that favored our trading partners rather than America, and opening our border to a flood of unskilled and welfare benefit requiring illegal aliens, Obama thought that the debt he created would eventually collapse the economy and it still might.  Critics said that Obama was naive, didn't know or understand  the economy or what he was doing.  Believe me, he knew exactly what he was doing.  It was just not conceivable to most that any president would hatch such a nefarious traitorous plot.
       Let me explain. The US Government sells treasury products to cover the extra money that it needs to print.  These are sold to banks, individuals, foreign countries, especially those with whom we have a large trade deficit like China or held by the Federal Reserve itself. During the Obama regime, interest rates, as set by the Federal Reserve, were low or even at zero due to the economic crisis brought on by the Democrats in 2008.  Servicing this massive debt runs about $400 billion per year and that comes out of tax payer dollars, dollars that could be used for other items if at all. Due to rising interest rates it is estimated by the Congressional Budget Office that by 2024 the cost of servicing will be $800 billion.  Obama hopes that that would lead to default which would have dire consequences for the economy and throw the entire world into depression.  The United States has never defaulted on its debt, though there was something of a delay in making debt payments in 1979 under Carter that technically was a default.
      Another factor to consider is the rating of US sovereign debt.  Rating is the based on the likely hood that the debt and interest payments will be paid.  Up until 2011, US sovereign debt has been rated at AAA, the highest rating possible, but in August, 2011, something almost earth shattering in the financial world happened.   Standard and Poor lowered the rating on US sovereign debt a notch to AA+.  This sent shock waves through the financial world with markets responding by dropping 8% in a day.  Some other rating institutions followed suit and one even eventually lowered the rating to A-, almost as low as that of a relatively healthy third world country, as Obama continued to pile up the debt.  The regime attempted to retaliate and filed law suits against the rating firms (typical Obama political maneuver).  When the Republicans gained control of Congress in 2014, the ratings went back up to AAA.  The Federal Reserve continued to keep interest rates low, at zero and only raising them a tiny amount up to the elections of 2016.  How much pressure the Obama political machine and DOJ put on Fed. Chairman Ben Bernake and its regional directors, we may never know.  They are supposed to be independent.
      What we do know is that Obama left us with $20 trillion in debt and slowly rising interest rates.  Though the CBO believes the debt will continue to grow by small amounts, they have not fully taken into account the long term benefits of tax cuts and the elimination of restrictions that Obama placed on business and the growth of the economy.  As a businessman, President Trump knows that sometimes you need to spend a little money to make money.  What he is counting on, and so far this seems to be the case, is that his tax program will produce increase in GDP and will include more jobs, wage raises, business expansion, and lowering of trade deficits.  Income will increase and expenditures decrease meaning that if Congress can gets its act together, the surplus can be used for paying down the debt, saving America and ending the most potentially destructive part of the Obama legacy.

Sunday, January 7, 2018

Winning will Continue in 2018.

      We are only 4 days into the new year and the very positive effects of the landmark tax cuts are already being felt.  Numerous major businesses in a variety of sectors have announced raises and bonuses for employees, and business expansions in America. That means more jobs. It also mean stock buybacks and special and/or increased dividends.  That is great for investors including IRAs and 401ks, when the trillions of dollars held overseas are repatriated. President Trump continues to deliver on his promises.  Next month these raises will start showing up in paychecks especially helping the working man.  An increase in pay and an increased workforce will mean more taxes flowing into the Treasury and into Social Security and Medicare.  If Congress can exercise some discipline, we may even see some of the National Debt paid off, rather then the money wasted on useless programs and free stuff.
      DACA now becomes a trump card, pun intended.  President Trump can promise that he will include DACA legislation in a long overdue immigration bill, in return for a "clean" budget bill.  He can then pass an immigration bill that will not only help the DACA people, but fund the wall, eliminate or modify chain immigration, eliminate the diversity lottery, and insure that immigrants will not take jobs and resources from Americans.  President Trump will deliver on another of his promises and the Democrats will get a small victory on DACA.  If the Democrats fail to support this immigration bill, it can be said that they are opposed to DACA legislation.  The President should also get his infrastructure bill passed.
      Despite the lies from liberal pundits and the MSM, I think with all of this "winning," the Republicans will stand a good chance of expanding their numbers in both the House and Senate in November's midterm elections.  Even millennials will start moving to the Republican camp when the see a bump in their paychecks and that all the doom and gloom Democrats proposed does not exist. Democrats would be wise to support the President, so they have something positive to run on to voters.  The old tired mantra of the President's incompetence will not be supported by voters who see more money and opportunities come their way.  President Trump is not going to stop tweeting about America's success and holding rallies to support quality candidates who support his agenda.
      Here is a list of things I think will come to pass this year.  With the Congressional Intelligence Committee gaining access to the FBI files on the fake dossier, knowledge that the DNC and HRC funding it will be solidified, and Fusion GPS's part in this treasonous plot to overthrow President Trump will be exposed as Donald Jr. was set up by this nefarious business.  A new investigation will be opened into HRC's email server and how top secret info wound up on convicted pervert Anthony Weiner's laptop. Some of the emails released as a result of Judicial Watch's law suit, are different than ones that were turned over by HRC, including top secret ones, lending more credence that the 33k emails she scrubbed were not just about yoga classes, Chelsea's wedding, or to WJC who doesn't use email.  Indictments are inevitable.  These addition emails also indicate that the FBI and Director Comey's new investigation of emails before the election was also rigged and announcing it was only meant to try to save his own skin as these emails were exposed during the investigation of Weiner's sexting to minors. He said there was nothing new in them, but that was a lie.
      Mueller will be hard pressed to extend his hapless investigation much longer with no evidence of any collusion so far.  He could extend it, if he decides to make HRC part of his investigation and investigates in an honest fashion.  The fake dossier will be found to be Andrew McCabe's"insurance policy" and he and some rogue FBI agents will be exposed and possibly charged with treason.  It was for certain used to obtain FISA warrants to unmask Americans including the President-elect and his team.  Susan Rice, Ben Rhodes, Samantha Power and others all the way up to and including President Obama and Valerie Jarrett could be indicted.
      President Trump will continue to put pressure on our allies to stop dealing with Iran and invalidate this horrible agreement Obama was so anxious to sign.  The people of Iran now know they have our support and more demonstrations and food riots can be expected. Though China, Russia, and N. Korea could lend technical support, it would be hard for them to feed at least 8 million starving people that represent 10% of Iran's population. Likewise putting more pressure on China and exposing there cheating, may also bring "Rocket Boy" to his senses.  Finally, threatened loss of financial support may bring the Palestinians to the negotiating table, but I doubt if much will come of it.  There is too much corruption.  Pakistan may also become a better ally, to prevent  financial aid from being withheld.
      Finally I hope that a smoking gun is found somewhere to open a real investigation into Seth Rich's murder. It doesn't make sense that a young man leaves a bar a few blocks from his home at 1:30AM and is murder near by three hours later at 4:30AM.  Calling it a botched robbery attempts is inaccurate at best. The bruises on this arms and hands, indicates that he was probably kidnapped and tortured before being returned to the neighborhood and murdered.  It may have not been a robbery gone bad, but instead he was forced to give up a thumb drive.  Since there is absolutely no hard evidence that the DNC server was hacked by Russia and Julian Assange, whose Wikileaks released the emails, says it wasn't Russia, it is possible that Rich, a Bernie supporter with access, upset with the fix, downloaded the emails and sent them to Wikileaks. Assange has offered a reward for information on his murder.
      President Trump has and will do his best to keep his promises to the American people and is already making America great again.