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.
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