Uber investors forced C.E.O. Travis Kalanick out of the company he founded yesterday. Here’s Reuters: The resignation sent shockwaves through Silicon Valley and leaves Uber’s board of directors with the problem of finding a dynamic leader who also has a steady hand needed to heal Uber after a bruising six months. Uber Founder Ejected And here’s MIT
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When it comes to the “New World Order” we (at least those of us that know about it) are all like a blind man trying to “describe an elephant.” How he describes it depends on what part of the elephant he is touching. Jeff Nielson on the X22 Report describes the purveyors of the NWO as really banking criminals and I believe rightly so. In any event, listen to his very astute observations about our economy and the banking elite.
Featured picture is from Pixabay
Summary via R3publican
Anthem Insurance recently pulled out of Ohio’s ObamaCare exchange. The company cited “a mix of uncertainty and big losses from higher-than-expected bills racked up by sick policyholders.” Also, Anthem cited the shrinking individual market — a half million fewer people signed up for Obamacare during open enrollment this year — and the return of an
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May 25, 2017 by SchiffGold
In his most recent Gold Videocast, Peter Schiff pointed out that Pres. Trump inherited an economic mess from Barack Obama. Even if he can manage to get his policies implemented in the midst of the political circus going on in D.C., it isn’t going to be enough to stop the downward economic spiral.
Yes, having Donald Trump president is better than having Hillary Clinton as president. But he is not a get out of jail free card for the economy… The problem is the damage is going to hit on Donald Trump’s watch. Barack Obama got out of Dodge just in time.”
Brandon Smith at Alt-Market.com agrees that the economy is due to take a plunge. He takes things a step further, asserting that Trump is just the scapegoat the central bankers have been waiting for. Now they can nudge up interest rates and blame the chaos caused by popping bubbles on the president specifically and Republican policies in general.
I have been warning since long before the election that Trump’s presidency would be the perfect vehicle for central banks and international financiers to divert blame for the economic crisis that would inevitably explode once the Fed moved firmly into interest rate hikes. Every indication since my initial prediction shows that this is the case… I continue to go one further than the mainstream media and say that the Trump administration is a giant cement shoe designed (deliberately) to drag conservatives and conservative principles down into the abyss as we are blamed by association for the financial calamity that will occur on Trump’s watch.”
This will work because most Americans don’t have even a basic understanding of economics. They dutifully accept what the mainstream media spoon feeds them. In the minds of many Americans, if the stock market is rising and unemployment is low, everything is great!
And hey! Stocks are soaring, right?
And yet there is a huge disconnect between stock market prices and economic reality. It’s clear that Fed policy has pumped up a massive stock market bubble. Analysis last year by Yahoo Finance showed 93% of the entire stock market move since 2008 was caused by Federal Reserve policy. But people don’t understand this. They turn on CNBC, see the stock markets rocketing upward, and assume the economy is great.
To Continue Reading
summary via R3publican
NYT headline April 27: Trump Tax Plan Would Shift Trillions From U.S. Coffers to the Richest NPR April 17: “…around 45% pay no federal income tax”
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The cutline on my first sketch for this cartoon read, “You just got x-rayed, searched, and groped… now you’re surprised we’re taking your seat?!” But I changed it when I read that United CEO Oscar Munoz said the airline “re-accomodated” the lucky passengers. CNBC reports Munoz was named communicator of the year by a public relations group in
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Trump ended Obama’s war on coal, as promised. Come to think of it, I don’t know why Obama declared the war in the first place. Or why Hillary signed on for it. The natural gas industry went to war against coal for them. Gas is cheap, clean, and – despite President Obama’s efforts – plentiful. So, looks like a rout.
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United Airlines created a social media uproar when it kicked two teenage girls off a flight for wearing leggings. Turns out you can wear all the leggings you want. Even if you’re Caitlyn Jenner. The girls were subject to a dress code because they were flying free on an employee pass.
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In a WSJ op-ed this morning, Speaker Paul Ryan calls he American Health Care Act “the boldest and most conservative health-care legislation to come before Congress in decades.” He plans to repeal and replace ObamaCare without “pulling the rug out” from under those who benefit from the new entitlement. President Trump is all in. But
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ObamaCare was passed by the Democrats on Christmas Eve 2009, so we could find out what was in the bill. It has been unpopular with the American people ever since. But since then it has become the ObamaCare entitlement. Now, despite all the people who lost their doctors. And all the people who lost their insurance coverage. Twenty million other people
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The Republicans are selling a health care plan with no mandates that you buy it. And they won’t turn you down if you have a pre-existing condition. So why would you pay for health care before you need it? Here’s Dr. Krauthammer on that: It’s not just Donald Trump who ran on retaining this new, yes, entitlement. Everyone did. But it’s
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Trump says a lot in a few words “We must do a lot more with less” Hiring freezes are already in place and he is working on a cabinet that knows how to manage wisely. All this bodes well for the overworked American taxpayer.
Congratulations to Mick Mulvaney — here’s the backstory and some insight into how good he is as an appointment .
“Part of the job is saying ‘no,'” Mulvaney told The Post and Courier on Friday, less than 24 hours after being sworn in as the new Director of the Office of Management and Budget.
Read more here: http://www.postandcourier.com/news/mick-mulvaney-says-he-s-about-to-become-the-most/article_4c41fbb0-f560-11e6-a987-7b7ca7088149.html It is worth noting that had Rand Paul become President, Mulvaney would have been his selection for this job as well.
h/t Joshua Lock for the links
Finding Gems & Sharing Them – President Trump on Budget & Spending Cuts along with the Mulvaney Appointment – a real win for the Taxpayer!
When Nordstrom dropped Ivanka Trump’s fashion line, President Trump tweeted. He accused the company of treating his daughter unfairly. Ivanka Trump isn’t the first president to defend his daughter. A Washington Post music critic once gave Margaret Truman a bad review for a singing performance. Her father, President Harry Truman, gave him hell: In response to Washington Post Music
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President Trump has suggested Mexico will pay for the wall through a 20% Border Adjustment Tax. You could call it a wall tax but it’s not Mexicans who will pay.
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A good start on Day 1″Also in the cross-hairs are pseudo-“free trade” regimes such as the Trans-Pacific Partnership (TPP), the North American Free Trade Agreement (NAFTA). ObamaCare is also on the chopping block. And the border will be brought back under control, the White House said. How much of Obama’s largely unconstitutional “legacy” will be undone, and how quickly, remains to be seen.”
Throughout my time in the Legislature I have observed House members struggle with their inability to achieve meaningful oversight over state agencies.
Here is how the public component of the legislative oversight has mostly been conducted:
At the start of session, Appropriations Subcommittee members spend twenty to thirty minutes on a hearing of each state agency’s budget request. Nothing happens for several months while the most powerful legislators conduct closed-door negotiations with agencies, other legislators and the Governor’s staff. With just a few days remaining in the session, legislative leaders emerge from behind the scenes and announce a “budget deal” and go to work lining up votes for the budget by telling legislators, “Either vote for the budget or we will be forced to call a special session which will cost the taxpayers thousands of dollars and make the Legislature appear weak in the eyes of the public.”
Washington Post blogger Ezra Klein, a supporter of ObamaCare, called the launch a big failure. And Forbes says, “ObamaCare’s website is crashing because it doesn’t want you to know how costly its plans are.” ObamaCare Failure to Launch According to the WSJ, “The failures that have all but disabled ObamaCare are the result of deliberate political choices, which HHS
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These are the numbers you didn’t want to face. When you see the real status of our propped up economy, it seems we may need some strong medicine and rather stern rehabilitation, to get back to Reagan-esque economic health. Federal Reserve Economic Data (FRED) produces graphic charts of what would overwise be glazey-eyed mountains of numbers which most of us would not fully appreciate. Social media is now disseminating a montage of 9 very telli […]
WASHINGTON, D.C. – On Tuesday, U.S. Senator Rand Paul reintroduced his Federal Reserve Transparency Act, widely known as the “Audit the Fed” bill, to prevent the Federal Reserve from concealing vital information on its operations from Congress. Eight cosponsors joined Senator Paul on the legislation.
Representative Thomas Massie (KY-4) has introduced companion legislation, H.R. 24, in the U.S. House.
Donald Trump’s phone conversation with the president of Taiwan was a diplomatic blunder. According to diplomats. They say it upsets the One China Policy. That’s the policy where everybody pretends Mainland China exits and Taiwan doesn’t. The U.S. sold the nonexistent regime $1.83 billion in weapons last year. And China is Taiwan’s biggest trading partner. One China Policy
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