A former executive editor of the New York Times says the paper’s news pages, the home of its straight-news coverage, have become “unmistakably anti-Trump.”
— Read on www.foxnews.com/politics/former-n-y-times-editor-rips-trump-coverage-as-biased
Gov. Andrew Cuomo is beginning 2019 and his third term with an inaugural address on Ellis Island.
— Read on www.nbcnewyork.com/news/local/Governor-Andrew-Cuomo-Inaugural-Ellis-Island-Speech-Third-Term-NY-503773581.html
With him being Governor,more people are leaving New York than are coming in. Perhaps that’s why he wants more illegal immigrants there. The rest of the country will not embrace that self loving buffoon or RINO Romney.
Each day in December 2018, global traders and investors see massive volatility and shocking price swings in the US and other equity markets while China saw its stock market report the worst performance of any major economy on the planet – and throughout the month of December, reports from top institutions got worse. But more importantly, policy makers and economists started singing a different chorus, as they all started looking to 2019 and 2020 as a period of global growth deceleration.
Economists at the IMF or International Monetary Fund presented a forecast of 3.7 percent for global output this year, but the number will surely fall short.
The European Central Bank started talking about “downside risks” while the US banking firm, Goldman Sachs produced materials calling for an economic slowdown but not a recession. Then there were economists and analysts all producing studies about the US economy that were somewhat different but with the connecting tissue of slower growth. The OECD group of wealthy nations suddenly started talking about “easing momentum” across Europe and these collective voices triggered panic selling in the US stock market in December, the sell-off was fast and furious. More importantly, the economic releases in December started to add up to support these views.
Global economic powers such as Japan, Germany, Sweden, Italy and Switzerland all saw their third quarter economic releases move to contraction in 2018, sending a shock wave through global markets. To be clear, some of these economies will bounce back but as this was taking place, the global growth outlook dropped from 3.7 percent, to 3.5 percent and now some analysts are calling for 3.2 percent global GDP for 2019. At Classiarius, our fear is the US, China and Japan could all be falling into a recession in late 2019 or 2020 – the global economy would set a major setback.
While the US saw 3.0 percent growth in 2018, the economy is expected to slow to 2.0 percent in 2019 and by the end of 2019, sub-2.0 percent.
This fear seems to be taking root in the US as a recent survey by Duke University, a Top 10 university in the US located in North Carolina, indicated that 48.6 percent of US Chief Financial Officers believe that the US will fall into recession by the end of 2019, with 82 percent saying that by 2020, the US economy will fall firmly into recession.
One key standout in the long list of economic releases is the US unemployment rate which could fall to 3.2 percent in the coming quarter, then rise by the end of 2019 to 3.7 percent or higher. In short, the labor market still could stay somewhat firm. Finally, the Federal Reserve could change course as they have in the past. Instead of rate hikes in 2019, the Central Bank could slow the hike cycle or even pause hikes for an undetermined period of time, thus acceding to President Trump stop the hikes please.
Then They Came For Louis CK
— Read on www.bitchute.com/video/NntwIRgUYLg/
What the Lisbon Treaty actually created was an authoritarian political system that infringes on human and political rights. Article 4 states in part: “…The Member States shall facilitate the achievement of the Union’s tasks and refrain from any measure
— Read on www.gatestoneinstitute.org/13476/european-union-authoritarian
An accurate summation
American journalists seem mired in fantasy worlds, at least where it comes to economic analysis, and perhaps we see no greater show of ignorance than in the discussion of the presence of businesses in the poorest areas of inner cities.
— Read on mises.org/wire/no-dollar-stores-dont-create-poverty
The Socialists are out to blame Trump’s Tax cuts to argue why taxes should be higher. At the beginning of 2o18, Trump imposed a spectacular tax cut making the USA much more competitive than its European counterparts. Trump argued that the tax reduction would contribute to the recovery of the economy and finance itself through additional tax revenues as what took place with the Reagan tax cuts. However, we have the Socialists playing loos with the facts, as always, claiming the cost of the tax cut was $1.5 billion a year. They now claim that Trump’s tax cuts were funded by more debt since it rose by $1.271 billion. Their argument is always playing games with the numbers. The entire tax reduction was not financed by additional debt, the problem is that the debt rose because it is always being rolled over and the interest rates have risen adding to the cost of rolling that debt. As we enter 2019, we will more likely now watch interest expenditures for the first time exceed that of military. The Socialists never want to see taxes ever reduced and they always want to see the national debt increase without end. They refuse to look at the economics behind their Marxist philosophy and they then blame the people as they do in France calling them thugs when their tax burden simply increases without end reducing the standard of living for the middle class. I have stated many times, the very idea of Socialism violates the First Amendment freedom of religion for the tax rates are greater than the 10% advocated in the Bible and it violates the Ten Commandments which forbid coveting what others have. Perhaps one day the lawyers will wake up and actually protect the people and do what their oath was intended – file a major class action lawsuit against the government and socialism as a violation of the freedom or religion.
— Read on www.armstrongeconomics.com/international-news/politics/socialism-violates-the-freedom-of-religion/
History has proven this fact
Mexico Kicks Off War on its Vast Black Market for Oil | Wolf Street
— Read on wolfstreet.com/2019/01/01/mexico-new-government-declares-war-on-black-market-for-oil/
New York Gov. Andrew Cuomo Pardons 22 Illegals to Prevent Their Deportation
— Read on www.thegatewaypundit.com/2019/01/new-york-gov-andrew-cuomo-pardons-22-illegals-to-prevent-their-deportation/
Soft on crime
Muslim Police cars enforcing Muslim law might work in New York. Don’t try it in flyover country, it may not be a good idea.
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Starship partners at The Millennium…
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