Thursday, September 12, 2019

President Roadrunner Versus Media Coyote


I’ve gotten out of the prediction business when it comes to American politics. Primarily because I no longer trust the information on which I used to rely to make predictions. Mainstream American news media continues their Wile E. Coyote routine with President Trump. And just like the cartoon, you quickly figure out after a couple of episodes they’re never going to catch Trump’s roadrunner.

This week’s episode featured Media Coyote telling us President Roadrunner has lost his magic in North Carolina and in no way would Dan Bishop be able to pull off a victory in the state’s 9th Congressional District because of the roadrunner’s unpopularity.

KABOOM! Another prediction blows up in Media Coyote’s face as Bishop winsTuesday night. Hilariously, after spending weeks telling us Bishop was down double digits and how Republicans were “scrambling” to protect the seat – Media Coyote plunged to the bottom of the ravine.

The only difference between the media and the cartoon is the coyote never makes excuses or tries to spin why he was left covered in soot or flattened after hitting the side of a gorge. He just concocts a new strategy.

Media Coyote spent all day Wednesday explaining North Carolina's 9th Congressional District should serve as a real wake up call to Republicans. EVEN THOUGH THEY WON!  They claim it should never have been close, therefore that big blue wave is still looming and will one day crash ashore.

It’s the exact opposite. If the truth was accurately told about North Carolina’s 9th Congressional District race, you’d realize it’s nothing short of a political miracle Dan Bishop won. And there’s no way around it – he did it with the help of President Trump, not in spite of him.

In November 2018, Republican Mark Harris beat his Democrat challenger Dan McCready for the seat. An election fraud scheme to rig the outcome in Harris’ favor was uncovered shortly after. Harris withdrew in the midst of the scandal. A new election was ordered. Democrat McCready stepped back in to try it again. Republican Dan Bishop stepped up to the plate on behalf of the GOP.

Think of this: McCready was already a very familiar name in the district. He’d been running a campaign for well over a year before Bishop got in. Bishop had mere months to raise money and his profile. Not only did McCready have him bested in both money and name I.D., outside Democratic money poured in. McCready’s campaign spent over $8 million!

Despite being outspent, despite media and polls declaring Bishop a double-digit long shot, Dan Bishop is one of two new Republican congressmen in North Carolina. Republican Greg Murphy beat his Democratic opponent by a whopping 24 points on Tuesday. 

How is that possible in the Trump era? The Washington Post just told us the day prior to this race that six in 10 Americans are certain a recession is coming in the next year. If that were true, why would anyone turn out to reward President Trump’s party in any state, never mind the increasingly purple state of North Carolina?

That slide whistle sound is an anvil falling as the media opens their tiny umbrella and holds up a sign reading “HELP.”

We’re also told Democrats are salivating for the chance to impeach President Trump and they have a laundry list of reasons to do so. It’s a steady drumbeat of collusion, bank records, Russia, and obstruction… It all sounds so bad! Democrats are so close, says the media.

Brace for another ACME-style KABOOM!

The truth is, President Trump knows impeachment isn’t anything to fear because he knows the country doesn’t broadly support it. It really only makes him stronger with his base while Democratic leadership is terrified to pull the trigger because they know it’s toxic and could cost them the House.

POLITICO was forced to admit this week  that“Democrats stumble on impeachment messaging.” But spinning ever-hopefully as only mainstream media can, they went on to explain the mixed messaging was actually a real benefit because it could give the moderate Democrats cover while the progressive Democrats can claim they still want Trump’s scalp and are fighting tirelessly until they get it.

Are you following this? The American public will supposedly reward a party that spent the entirety of their two years in power chasing their tail on impeachment as opposed to working on a single meaningful issue? They’ve attacked law enforcement, made anti-Semites and socialists their poster girls, and cheered illegal border crossings as their signature achievements.

Still, the media finds a way to tell us Donald Trump is the target of voters’ ire. The country can’t wait to punish him at the ballot box and reward the Democrats, they say. North Carolina should teach us all a lesson about their honesty and ability to report on the electorate accurately. But it won’t stop them.

They’ll be back at it tomorrow and throughout next year until Election Day. You can hear Media Coyote strapping on their rocket roller skates and affixing their goggles getting ready to nail President Roadrunner next time he speeds by.  

That’s when President Roadrunner will make a sudden stop in the road as Media Coyote speeds by, unable to stop before slamming into the oncoming truck of real voters next fall.  (Cue the chirping birds and stars)  

That’s all, folks!

Secretary Mnuchin: “the China tariff delay is a good will gesture, nothing more”


The European Central Bank (ECB) announced Thursday an indefinite supply of fresh asset purchases and deeper cuts to interest rates, into negative territory, as it tries to prop up the ailing euro zone economy.  These are EU financial counter-measures to the geopolitical trade realignment triggered by U.S. President Trump.
The EU is driving down the value of their currency in an effort to help prop-up the French and German economies that are dependent on exports.  In essence, the financial and economic positions of the EU and China are connected.  The more pressure the U.S. (Trump administration) puts on China, the less China can purchase from the EU.
With that as the backdrop, Treasury Secretary Steven Mnuchin holds an impromptu press conference outside the White House on China trade, Huawei and the bond market.


Prepare yourselves, because while these European and Asian actions might seem rather esoteric and high-minded, they have real economic consequences. President Trump and his team have the global community against the ropes. This is when U.S. multinationals, and their paid attack-pundits, will fight back hardest.
Watch closely, and just like the last three years, we are going to see masks dropping from false Main Street pundits who were really just Wall Street (decepticon) mouthpieces.
With all of these trillions at stake, we will see just who sold out the U.S. economy for their own financial benefit; and -perhaps more importantly- who the multinationals paid to maintain a false illusion of patriotism. 

The Precursor to Planned Parenthood


Archaeologists: Pre-Inca Child Sacrifice Site 

Was Actually A Planned Parenthood

LIMA, PERU—A recently discovered pre-Columbian burial site containing the bodies of hundreds of slaughtered children was originally considered to be part of a mass human sacrifice. However, experts have discovered new evidence revealing that the mass execution was simply leftover from an ancient Planned Parenthood.

“Our initial reaction was horror!” said Dr. Molly Locke, lead supervisor of the excavation. “It really made us ponder how a society could get to such a depraved place that they would willingly allow their young, innocent, vulnerable, children to be violently and systematically torn to pieces. There’s absolutely no excuse for that!”

Dr. Locke described the emotional weight of finding one child’s severed body after another, carelessly piled on top of each other. The whole crew seemed to stagger from denial to depression, to anger at this needless, barbaric atrocity. 

“But then we found the trademark Planned Parenthood logo on the side of the temple,” Dr. Locke explained with relief, “and it suddenly all made perfect sense. The stacks upon stacks of innocent children’s mangled bodies weren’t the result of a barbaric practice by some archaic religion, but of a respectable organization that is totally civilized and not at all questionable---unless you’re a woman-hating misogynist!”

Following this wonderful turn of events, the crew intends to hold a grand reopening party.

Is England Still Part of Europe?

Is England Still Part of Europe?

(Paul Hackett/Reuters)

Britain has a last chance to re-embrace the free-market democratic world that it once helped to create.


British prime minister Boris Johnson is desperate to translate the British public’s June 2016 vote to leave the European Union into a concrete Brexit.

But the real issue is far older and more important than whether 52 percent of Britain finally became understandably aggrieved by the increasingly anti-democratic and German-controlled European Union.

England is an island. Historically, politically, and linguistically, it was never permanently or fully integrated into European culture and traditions.

The story of Britain has mostly been about conflict with France, Germany, or Spain. The preeminence of the Royal Navy, in the defiant spirit of its sea lords, ensured that European dictators from Napoleon to Hitler could never set foot on British soil. As British admiral John Jervis reassured his superiors in 1801 amid rumors of an impending Napoleonic invasion, “I do not say, my lords, that the French will not come. I say only they will not come by sea.”

Britain’s sea power, imperialism, parliamentary government, and majority-Protestant religion set it apart from its European neighbors — and not just because of its geographical isolation.

The 18th-century British and Scottish Enlightenment of Edmund Burke, David Hume, John Locke, and Adam Smith emphasized individualism, freedom, and liberty far more than the government-enforced equality of result that was favored by French 

Enlightenment thinkers such as Jean-Jacques Rousseau. It is no accident that the American Revolution was founded on the idea of individual freedom and liberty, unlike the later French Revolution’s violent effort to redistribute income and deprive “enemies of the people” of their rights and even their lives.

France produced Napoleon, Italy had Mussolini, and Germany gave the world Hitler. It is difficult to find in British history a comparable dictatorial figure who sought Continental domination. The British, of course, were often no saints. They controlled their global empire by both persuasion and brutal force.

But even British imperialism was of a different sort than Belgian, French, German, Portuguese, or Spanish colonialism. Former British colonies America, Australia, Canada, India, and New Zealand have long been democratic, while much of Latin America, to take one example, has not until recently.

In World War I, the British lost nearly a million soldiers trying to save France and Belgium. In World War II, England was the only nation to fight the Axis for the entirety of the war (from September 1939 to September 1945), the only Allied power to fight the Axis completely alone (for about a year from mid-1940 to mid-1941), and the only major Allied power to have gone to war without having been directly attacked. (It came to the aid of its ally Poland.)
Historically, Britain has looked more upon the seas and the New World than eastward to Europe. In that transatlantic sense, a Canadian or American typically had more in common with an Englander than did a German or Greek.

Over the last 30 years, the British nearly forgot that fact as they merged into the European Union and pledged to adopt European values in a shared trajectory to supposed utopia.

To the degree that England remained somewhat suspicious of EU continentalism by rejecting the euro and not embracing European socialism, the country thrived. But when Britain followed the German example of open borders, reversed the market reforms of Margaret Thatcher, and adopted the pacifism and energy fantasies of the EU, it stagnated.

Johnson’s efforts as the new prime minister ostensibly are to carry out the will of the British people as voiced in 2016, against the wishes of the European Union apparat and most of the British establishment. But after hundreds of years of rugged independence, will Britain finally merge into Europe, or will it retain its singular culture and grow closer to the English-speaking countries it once founded — which are doing better than most of the members of the increasingly regulated and anti-democratic European Union.

Europe is alarmingly unarmed. Most NATO members refuse to make their promised investments in defense. Negative interest rates are becoming normal in Europe. Unemployment remains high in tightly regulated labor markets.

Southern European countries can never fully repay their loans from German banks. The dissident Visegrád Group, composed of the Czech Republic, Hungary, Poland, and Slovakia, seeks to create a mini alliance inside the EU that promotes secure borders, legal immigration only, nuclear power, and traditional values and Christianity.

Britain has a last chance to re-embrace the free-market democratic world that it once helped to create — and distance itself from the creeping statism it once opposed.

© 2019 Tribune Content Agency, LLC


NRO contributor Victor Davis Hanson is the Martin and Illie Anderson Senior Fellow at the Hoover Institution and the author, most recently, of The Case for Trump. @vdhanson

The Need for a Revival of...

National Review

The Need for a Revival of Lockean Liberalism

Joseph Loconte - September 11, 2019


Detail of portrait of John Locke by Godfrey Kneller, 1697 (Wikimedia)

A revival of Lockean liberalism would 
do much to tame the hatreds now 
afflicting the soul of the West.

In the summer of 1704, English philosopher John Locke began writing a response to a critic of his controversial treatise on religious freedom, A Letter Concerning Toleration (1689). It was, in fact, the third letter from Locke addressed to Jonas Proast, a chaplain at Oxford University, who insisted that government coercion in religious matters was necessary to preserve social order. Locke fired back: “Men in all religions have equally strong persuasion, and every one must judge for himself,” he wrote. “Nor can any one judge for another, and you last of all for the magistrate.”

Locke died before finishing the letter, but his revolutionary voice is being heard once again. A manuscript titled “Reasons for Tolerating Papists Equally with Others,” written in Locke’s hand in 1667 or 1668, has just been published for the first time, in The Historical Journal of Cambridge University Press. The document challenges the conventional view that Locke shared the anti-Catholicism of his fellow Protestants. Instead, it offers a glimpse into the radical quality of his political liberalism, which so influenced the First Amendment and the American Founding. “If all subjects should be equally countenanced, & imployed by the Prince,” he wrote, “the Papist[s] have an equall title.”

Here was a visionary conception of equal justice for all members of the commonwealth, regardless of religious belief — a principle rejected by every political regime in the world, until 1787 at the Constitutional Convention in Philadelphia. “Locke was willing to contemplate the toleration of Catholics in a fashion which others would never countenance, and he did so with startling impartiality,” write independent scholar J. C. Walmsley and Cambridge University fellow Felix Waldman, who discovered the manuscript. “The tone is emollient, and nowhere replicated in Locke’s works.”
They have it half right. The attitude of English Protestants toward Catholicism in Locke’s day was shaped by over a century of religious conflict. To the Protestant mind, the advance of “Popery” and “priestcraft” represented a temporal and spiritual threat: ranks of religious believers loyal to a foreign potentate, blinded by superstition, hungry for arbitrary power, and latent with schemes of papal domination. Protestant sermons routinely identified the pope with the Antichrist. Locke’s career coincided with the Restoration (1660–88), when Catholics were excluded from public office and their rights of religious worship were severely restricted. By the 1660s, the rise of Catholic France under an absolute monarch, Louis XIV, instigated a fresh round of anti-Catholic fervor. In this acrimonious climate, Locke’s plea for political equality for Catholics was remarkably egalitarian.

Yet — contrary to Locke’s modern interpreters — it was consistent with his views about Catholics and other religious minorities throughout most of his political career. As an assistant to Sir Walter Vane, for example, Locke’s first diplomatic mission in 1665 took him to the Duchy of Cleves, in modern-day Germany. In one of his reports, Locke admits that the Catholic religion is a different thing from what we believe in England. I have other thoughts of it than when I was in a place that is filled with prejudices, and things known only by hearsay. I have not met with so many good-natured people or so civil, as the Catholic priests, and I have received many courtesies from them, which I shall always gratefully acknowledge.

Locke also records his surprise at the social harmony between Calvinists, Lutherans, and Catholics, who each practiced their faith in relative freedom: “The distance in their churches gets not into their houses. . . . I cannot observe any quarrels or animosities amongst them upon the account of religion.” It was his first encounter with religious pluralism, and it left a deep and lasting impression.

In his first major treatise supporting religious liberty, An Essay Concerning Toleration (1667), Locke constructs an argument, a defense of the rights of conscience, that he will build upon for the rest of his life. He argues that magistrates have no right interfering in religious beliefs that pose no obvious threat to the social order: “In speculations & religious worship every man hath a perfect uncontrolled liberty, which he may freely use without or contrary to the magistrate’s command.” The challenge of accommodating different religious traditions, including Roman Catholicism, is front and center. “If I observe the Friday with the Mahumetan, or the Saturday with the Jew, or the Sunday with the Christian, . . . whether I worship God in the various & pompous ceremonies of the papists, or in the plainer way of the Calvinists,” he wrote, “I see no thing in any of these, if they be done sincerely & out of conscience, that can of itself make me, either the worse subject to my prince, or worse neighbor to my fellow subject.”

It was an extraordinary claim for an Englishman of his era: that Catholics, Calvinists, Jews, and Muslims alike could all be good citizens and good neighbors. Twenty years later, in the throes of another season of anti-Catholic anxiety, Locke delivers the same argument, yet even more forcefully.

In A Letter Concerning Toleration — now considered foundational to the Western canon — Locke insists that the equal protection of civil rights for all religious groups is “agreeable to the Gospel of Jesus Christ, and to the genuine reason of mankind.” He uses Catholicism as a test case for explaining why religious doctrines should be of no concern to the magistrate: “If a Roman Catholic believe that to be really the body of Christ, which another man calls bread, he does no injury thereby to his neighbor.” Locke applies his argument not only to Catholics but to the most despised religious minorities of 17th-century Europe. The best way to safeguard the rights of conscience, he concludes, is “to distinguish exactly the business of civil government from that of religion.” The American Founders took note.

Nevertheless, Locke has his critics. Political progressives find his religious outlook — he considered the pursuit of God’s gift of salvation the “highest obligation” facing every human being — outdated and offensive. Many conservatives are also ambivalent or even hostile. Catholic thinkers such as R. R. Reno, editor of First Things, not only take Locke’s anti-Catholicism for granted, they view it as evidence of animus toward biblical religion, underwritten by a contempt for the sources of “traditional authority.” In Why Liberalism Failed, Notre Dame’s Patrick Deneen faults Lockean liberalism for “the destruction of social norms” and the “untrammeled expansion of private identity.” Others, such as Yoram Hazony, in The Virtue of Nationalism, denounce Locke’s entire approach to politics as “a far-reaching depreciation of the most basic bonds that hold society together.”

We are entitled to wonder whether these critics have the slightest idea of the actual political and cultural catastrophe that had engulfed Western society when Locke made his most famous arguments for human liberty. The sources of “traditional authority” wistfully recalled by these writers — the state churches and social hierarchies of European society — had transformed much of Europe into a violent, sectarian battlefield. Under the banner of the cross of Christ, the “basic bonds that hold society together” — such as compassion, forgiveness, and mutual respect — were being shredded without a twinge of conscience.

It was Locke’s moral outrage over the widespread abuse of power, reaching another crescendo in the 1680s, that drove him to compose his Two Treatises of Government (1689) and A Letter Concerning Toleration.  English society was in crisis: riven by a brutal crackdown on religious dissent, by the return of political absolutism, and by the growing threat of militant Catholicism. “The idea of a Counter-Reformation design against English Protestantism was far from absurd,” writes historian John Coffey, “and we should resist the temptation to treat Protestant fear as irrational paranoia.” The Dutch Republic, where Locke was living in political exile, was absorbing thousands of religious refugees fleeing Catholic France. The reason: On Oct. 22, 1685 — a few weeks before Locke began composing his Letter — Louis XIV invalidated the Edict of Nantes. France’s brief experiment in religious toleration of its Protestant (Huguenot) population had come to an end.

And a bloody end at that. At least 200,000 Protestants fled in the first wave of persecution. Locke met and befriended many of them. It would have been impossible to ignore the reports of Protestant children taken from their parents, of churches demolished, of ministers beaten, imprisoned, or executed because of their faith. Princeton historian Jonathan Israel describes the mounting Catholic–Protestant tensions thus: “The resurgence of anti-Catholic sentiment, in reaction to the persecution of the Huguenots in France, pervaded the entire religious and intellectual climate of the Republic.”

Despite all of this, Locke defends the civil and religious rights of Catholics in his Letter, as part of a broader argument for freedom of conscience. “I will not undertake to represent how happy and how great would be the fruit, both in church and state, if the pulpits everywhere sounded with this doctrine of peace and toleration.” It is a curious doctrine coming from a man supposedly hobbled by anti-Catholic bigotry.
Why, then, do Locke’s critics conclude that he opposed equal protections for Catholics in the commonwealth? Because in his Letter and other writings, Locke objects to tolerating those who teach that “faith is not to be kept with heretics” or that “kings excommunicated forfeit their crowns and kingdoms.” Such views were a matter of Catholic policy, and it seems clear that Catholic leaders were the chief subjects in Locke’s mind.

Yet Locke makes a crucial distinction between Catholics who pledged loyalty to the political regime under which they lived and those who sought its overthrow — a fifth column “ready upon any occasion to seize the government.” Locke’s detractors fail to acknowledge the machinations of the Catholic Church, in England and elsewhere, in which the Holy See acted to destabilize political authorities or condemn them as heretics and see them toppled. What Locke found intolerable was not Catholic theology per se but rather the agents of political subversion operating under the guise of religious obedience. As he put it in the newly discovered manuscript: “It is not the difference of their opinion in religion, or of their ceremonys in worship; but their dangerous & factious tenets in reference to the state . . . that exclude them from the benefit of toleration.” On this point, Locke could be as tough on Protestants as he was on Catholics.

Today we take political stability and civil order for granted; we do not exist in fear of sectarian forces sweeping away our liberties. But no one living in Locke’s tumultuous times enjoyed this luxury. Some ideas threatened the moral taproot of civil society; they could not be tolerated. In Locke’s world — as in ours — the constitution must not become a suicide pact. Political philosopher Greg Forster insightfully observes that Locke “towers over the history of liberalism precisely because virtually everything he wrote was directed at coping with the problem that gave birth to liberalism — religious violence and moral discord.”

Such is the world as we find it. If prejudice taints Locke’s political legacy, perhaps it is the prejudice of those who prefer false and comforting narratives to difficult moral and historical realities. Locke’s critics have blinded themselves to the bracing nature of his democratic vision: “But those whose doctrine is peaceable, and whose manners are pure and blameless, ought to be upon equal terms with their fellow-subjects.” Here is the only tenable solution to the challenge of religious diversity: equal justice under the law for people of all faith traditions.

No political doctrine has been more integral to the success of the United States, for no nation has been so determined to regard religious pluralism as a source of cultural strength. America’s experiment in human liberty and equality is profoundly Lockean. It is also, in some important respects, deeply Christian. Locke believed that the gospel message of divine mercy — intended for all — implied political liberalism. The founder of Christianity, he wrote, “opened the kingdom of heaven to all equally, who believed in him, without any the least distinction of nation, blood, profession, or religion.”

It would be hard to conceive of a better doctrine on which to build a more just and humane society. A revival of Lockean liberalism would do much to tame the hatreds now afflicting the soul of the West.


Best “Recession” Ever

MAGAnomics: 

Inflation 1.7%, Wage Growth +3.5%, 

Real Worker Earnings +1.8% 





A series of very strong internal economic evaluations today from the Bureau of Labor Statistics (BLS) and the U.S. Department of Labor (DOL) show the Main Street economy is perfectly positioned with maximum benefit to the U.S. middle-class.

First, despite two years of doomsayer predictions from Wall Street’s professional punditry, saying Trump tariffs on China would create massive inflation…. It Ain’t Happening!  

Overall year-over-year inflation is hovering around 1.7 percent [Table-A BLS]; that’s a low inflation rate.  Rate has firmed up now with less month-over-month fluctuation, and the rate remains consistent.   [See Below]


A couple of important points.  First, unleashing the energy sector to drive down overall costs to consumers and industry outputs was a key part of President Trump’s America-First MAGAnomic initiative.  Lower energy prices help the worker economy, middle class and average American more than any other sector… Except ‘food at home’.

Which brings us to the second important point.  Notice how food prices have very low year-over-year inflation, 0.5 percent.  That is a combination of two key issues: low energy costs, and the fracturing of Big Ag hold on the farm production and the export dynamic:
(BLS) […] The index for food at home declined for the third month in a row, falling 0.2 percent. The index for meats, poultry, fish, and eggs decreased 0.7 percent in August as the index for eggs fell 2.6 percent. The index for fruits and vegetables, which rose in July, fell 0.5 percent in August; the index for fresh fruits declined 1.4 percent, but the index for fresh vegetables rose 0.4 percent. The index for cereals and bakery products fell 0.3 percent in August after rising 0.3 percent in July. (link)

For the past twenty years food prices have been increasingly controlled by Big Ag, and not by normal supply and demand.   The commodity market became a ‘controlled market’. U.S. food outputs (farm production) was controlled and exported to keep the U.S. consumer paying optimal prices.

President Trump’s trade reset is disrupting this process.  As farm products are less exported, the cost of the food in our supermarket becomes reconnected to a ‘more normal’ supply and demand cycle.  Food prices drop and our pantry costs are lowered.

Lower gas prices, energy prices and lower food prices again provide greatest benefit to the U.S. middle-class.   More MAGAnomics at work.  It is critical to understand this dynamic because there are current political candidates like Elizabeth Warren who are openly stating (as a matter of policy) they intend to stop this middle-class price benefit:

Be forewarned, this Warren policy would be devastating to working class Americans.

Back to the good news….

In combination with low inflation on the items that matter, U.S. wage growth is exceeding 3.5 percent.   Subtract the inflation of 1.7 percent from the wage growth of 3.5 percent and you get Real Earning Growth of +1.8 percent.
…”From August 2018 to August 2019, real average hourly earnings increased 1.8 percent, seasonally adjusted.”… (BLS Link)
Any time worker earnings grow faster than the rate of inflation the lifestyle of the middle-class improves.   People simply have more money to save, spend or upgrade.  It’s simply common sense economics.

The last big of extra good news on the internal U.S. economy (not wall street), comes from the number of people who no longer need unemployment benefits.   The U.S. Dept. of Labor highlights today that fewer people are claiming unemployment:
…”data on Thursday showed the number of Americans filing applications for unemployment benefits dropped to a five-month low last week suggesting the labor market remains healthy, which should continue to underpin consumer spending”… (link)
What does this all mean?
  • Main Street U.S.A. is in excellent economic shape.
  • We have low unemployment (3.7%) and more workers coming back into the labor market than in the past 15 years.
  • We have low inflation (1.7%) and very low inflation on the sectors that matter most to Main Street.
  • We have high wage growth (3.5%) that continues to climb.
  • And we have increased disposable income that allows U.S. workers and consumers to purchase goods and services.
The U.S. economy is two-thirds driven by U.S. internal consumer spending.  The U.S. consumers are confident and spending…. this means the U.S. economy is strong, and all of the underlying data shows it is only getting stronger.

Because the U.S. economy is self-sustaining and self-fulfilling, all of the negative Wall Street multinational impacts are not generally felt in the day-to-day internal Main Street economy.   Jobs strong; wages strong; inflation low; disposable income growing; consumer confidence strong; consumer spending strong; etc. etc.

And, and, and…. keep in mind…. this is all happening BEFORE the super-fuel of the new trade agreements hit the economy.  That rocket boost hasn’t even started yet.
As a consequence, this is the bigly and best recession ever.

Booker Introduces Bill Requiring Gun Owners to Obtain 5-Year Federal License




WASHINGTON -- Sen. Cory Booker (D-N.J.), a 2020 Democratic presidential candidate, has introduced legislation that would require gun owners to obtain a 5-year federal license to "buy and possess" a firearm.

The licensing process outlined in the Federal Firearm Licensing Act would be handled by the U.S. Department of Justice.

"When I put it first out it was criticized by other people in the field as going too far -- that's gun licensing -- that if you need a license to drive a car in America you should have a license to buy a gun and to own a handgun," Booker said on Tuesday at the annual Congressional Hispanic Caucus Institute (CHCI) conference.

Booker predicted that federal licensing for firearms would lower the number of shootings that occur.

"Connecticut did it -- 40 percent drop in shootings, 15 percent drop in suicides, but this is more than just what the plan is," Booker said.

According to Booker's office, the federal license would need to be "renewed every five years, at which point the applicant would have to go through a background check and undergo firearm safety training again." The bill would grant DOJ the authority to "revoke a license if the individual poses a danger to himself/herself or others" as well as "require the DOJ to regularly conduct checks to ensure that individuals are in compliance with the federal license requirements."