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Member |
Hope you're able to stay and keep the legislature from tilting blue, I cringe every time a fellow conservative leaves a purple-level state.. Those votes are too close for comfort. | |||
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Political Cynic |
Doucey seems to be doing a few things right but AZ is still stalling and failing to complete the election audit. Maricopa County seems to think they’re immune. | |||
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wishing we were congress |
https://www.aflegal.org/news/s...rst-legal-foundation SENIOR TRUMP OFFICIALS LAUNCH AMERICA FIRST LEGAL Today, top-ranking former Trump administration officials launched America First Legal (AFL), a new conservative nonprofit organization committed to upholding America First principles and combating the left’s radical and lawless agenda. The organization will be headed by Stephen Miller, former Senior Advisor to President Trump. “Stephen Miller is a fearless, principled fighter for the America First movement. He has backbone, integrity and never gives up,” said former President Donald J. Trump. “As we know, the Radical Left has been relentless in waging their battles in court. Conservatives and America First supporters badly need to catch up and turn the tables, which is why I applaud Stephen and Mark Meadows for rushing to fill this critical void. The era of unilateral legal surrender must end—and I hope all America First patriots will get behind America First Legal.” AFL will be forward-leaning, seeking to take meaningful action to defend the rights of Americans whenever and wherever possible. Without being encumbered by a single-issue focus or the need for credit, AFL will focus its efforts on resisting the radical left’s agenda and preserving our shared national values, collaborating with like-minded partners across the nation, including state attorneys general. “For too long, conservative and traditionalist Americans have been outflanked, outspent, out-organized, and outmaneuvered by radical progressive legal organizations. It has been a years-long, one-sided legal assault. The consequences for American values, American society, and the American Constitution have been tragic and profound,” said AFL President Miller. “Whenever the Trump Administration tried to implement positive, lawful change that put America First, these extremist organizations filed one lawsuit after another, shopping for the most favorable legal forum. Now, we must turn the tables.” “While radical progressives have wielded these tactics to undermine the law and America First values for years, we must deploy these tactics in defense of our nation’s legal, cultural, and constitutional heritage,” continued AFL President Miller. “Those who believe in America First must not shy away from using our legal system to defend our society and our families from any unlawful actions by the left. Those looking to hold the new administration in Washington to account finally have their answer. Our self-imposed policy of legal disarmament is now over.” AFL will use the experiences of deeply-accomplished attorneys—intimately familiar with the inner workings of the Executive Branch—including Gene Hamilton, who served during the Trump administration as Counselor to the U.S. Attorney General at the Department of Justice and as Senior Counselor to the Secretary at the Department of Homeland Security. | |||
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wishing we were congress |
It is 53 minutes long, but this is a very informative session about what really happened in the 2020 Presidential election video at link https://theconservativetreehou...eastman/#more-210858 an interview with Professor John Eastman Professor John Eastman was retained as legal counsel by President Trump following the 2020 election to examine possible fraudulent activities that could have influenced the outcome of the election. In this interview, Professor Eastman describes what it was like to be in the Oval Office with President Trump and Vice President Pence during those tense post-election weeks with the election outcome hanging in the balance. xxxxxxxxxxxxxxxxxxxxx the election was stolen | |||
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7.62mm Crusader |
Watched it sdy. Thank you. | |||
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The Velvet Voicebox |
Joey D 4/12/21 No description provided "All great things are simple, and many can be expressed in single words: freedom, justice, honor, duty, mercy, hope." --Sir Winston Churchill "The world is filled with violence. Because criminals carry guns, we decent law-abiding citizens should also have guns. Otherwise they will win and the decent people will lose." --James Earl Jones | |||
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Info Guru |
Another lie exposed. This one was top of the headlines for weeks. https://www.thedailybeast.com/...s-on-american-troops It was a blockbuster story about Russia’s return to the imperial “Great Game” in Afghanistan. The Kremlin had spread money around the longtime central Asian battlefield for militants to kill remaining U.S. forces. It sparked a massive outcry from Democrats and their #resistance amplifiers about the treasonous Russian puppet in the White House whose admiration for Vladimir Putin had endangered American troops. But on Thursday, the Biden administration announced that U.S. intelligence only had “low to moderate” confidence in the story after all. Translated from the jargon of spyworld, that means the intelligence agencies have found the story is, at best, unproven—and possibly untrue. “The United States intelligence community assesses with low to moderate confidence that Russian intelligence officers sought to encourage Taliban attacks U.S. and coalition personnel in Afghanistan in 2019 and perhaps earlier,” a senior administration official said. “This information puts a burden on the Russian government to explain its actions and take steps to address this disturbing pattern of behavior,” the official said, indicating that Biden is unprepared to walk the story back fully. Significantly, the Biden team announced a raft of sanctions on Thursday. But those sanctions, targeting Russia’s sovereign debt market, are prompted only by Russia’s interference in the 2020 election and its alleged role in the SolarWinds cyber espionage. (In contrast, Biden administration officials said that their assessment attributing the breach of technology company SolarWinds to hackers from Russia’s Foreign Intelligence Service was “high confidence.”) “We have noted our conclusion of the review that we conducted on the bounties issue and we have conveyed through diplomatic, intelligence, and military channels strong, direct messages on this issue, but we are not specifically tying the actions we are taking today to that matter,” a senior administration official told reporters in reference to the bounty claims. According to the officials on Thursday’s call, the reporting about the alleged “bounties” came from “detainee reporting” – raising the specter that someone told their U.S.-aligned Afghan jailers what they thought was necessary to get out of a cage. Specifically, the official cited “information and evidence of connections to criminal agents in Afghanistan and elements of the Russian government” as sources for the intelligence community’s assessment. Without additional corroboration, such reporting is notoriously unreliable. Detainee reporting from a man known as Ibn Shaikh al-Libi, extracted from torture, infamously and bogusly fueled a Bush administration claim, used to invade Iraq, about Saddam Hussein training al-Qaeda to make poison gas. The senior Biden official added on Thursday that the “difficult operating environment in Afghanistan” complicated U.S. efforts to confirm what amounts to a rumor. There were reasons to doubt the story from the start. Not only did the initial stories emphasize its basis on detainee reporting, but the bounties represented a qualitative shift in recent Russian engagements with Afghan insurgents. Russian operatives have long been suspected of moving money to various Afghan militants: an out-of-favor former Taliban official told The Daily Beast on the record that Russia gave them cash for years. But the Russians had not been suspected of sponsoring attacks on U.S. forces outright – an escalation that risked confrontation with the U.S., and occurring long after it could have made a difference in the war. As well, there seemed to be no “causative link” to any actual U.S. deaths, in the judgment of Gen. Frank McKenzie, the senior U.S. general for the Middle East and South Asia. Former U.S. diplomats and intelligence officers told The Daily Beast last summer that they viewed the bounties account skeptically. One retired diplomat suspected, “someone leaked this to slow down the troop withdrawal.” Rarely discussed was the main reason to believe the story: the CIA actually did fund Afghan guerillas to kill Russian forces during the Soviet occupation of Afghanistan of the 1980s. The Pentagon said at the time its massive intelligence apparatus, which includes both battlefield intelligence and the world’s most sophisticated surveillance network, did not generate the bounties story. In September, McKenzie said that the intelligence remained uncorroborated. “It just has not been proved to a level of certainty that satisfies me,” he told NBC News. But Democrats ran with the election-time story. Then-candidate Biden called it a “horrifying revelation” if true. The senior Democrat on the Senate Foreign Affairs Committee, Robert Menendez (D-NJ), introduced a measure to sanction Russia for the alleged bounties. Congressional Democrats claimed to have been insufficiently briefed on the account, which the Trump White House called a “hoax,” and suggested there was a cover-up underway. When Trump himself denied being briefed on the story, House intelligence committee chairman Adam Schiff (D-CA) remarked, “Is this an issue where they cannot tell the president things he doesn't want to hear when it comes to Vladimir Putin and Russia?” Added House Majority Leader Steny Hoyer (D-MD) in June, “I think we knew the White House perspective, what we need to know is the intelligence perspective.” Now he knows. “Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence.” - John Adams | |||
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Left-Handed, NOT Left-Winged! |
^^^ Another fake story to smear Trump that was then retracted long afterwards with little to no publicity of the hoax? You don't say? | |||
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Info Guru |
The last piece of the false 'insurrection', 'sedition' or 'treason' narrative collapses. Officer Sicknick had no physical evidence of any injuries and on evidence he had any chemical irritant in his system. No deaths due to the activity on 1/6 other than the citizen killed by the unnamed Capitol Police officer. No charges for treason, insurrection or sedition are being filed - because none took place. The false narrative that 6 or 7 people were killed in the 'riot' or 'insurrection' is now fully debunked. https://www.washingtonpost.com...ps://t.co/V9808REzqF Capitol Police officer Brian Sicknick, who engaged rioters, suffered two strokes and died of natural causes, officials say “Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence.” - John Adams | |||
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Unflappable Enginerd |
So the only person who actually died as a result of the "insurrection" was Ashli Babbitt. SMDH __________________________________ NRA Benefactor I lost all my weapons in a boating, umm, accident. http://www.aufamily.com/forums/ | |||
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Member |
Has anyone else noticed that all of a sudden and out of nowhere, John Boehner is being interviewed and quoted? Why is this miserable, worthless piece of garbage rino back in the news and who gives a rats ass what his opinion is? No one's life, liberty or property is safe while the legislature is in session.- Mark Twain | |||
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The Velvet Voicebox |
Joey D 4/19/21 No description provided "All great things are simple, and many can be expressed in single words: freedom, justice, honor, duty, mercy, hope." --Sir Winston Churchill "The world is filled with violence. Because criminals carry guns, we decent law-abiding citizens should also have guns. Otherwise they will win and the decent people will lose." --James Earl Jones | |||
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Member |
He's being interviewed because he's written a new book. I have no idea who would care about his opinion. | |||
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Uppity Helot |
Fuck that guy and the GOPe whorse he rode in on to peddle his lameass book. | |||
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His diet consists of black coffee, and sarcasm. |
Weepy Boner. | |||
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quarter MOA visionary |
Watched a full hour with Trump on Hannity the other night. There wasn't much new but it was nice to see him. | |||
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wishing we were congress |
This is very frustrating Lone GOP State Senator Stops Arizona Bill to Limit Automatic Mailing of Absentee Ballots in ‘Temper Tantrum’ https://www.breitbart.com/poli...s-in-temper-tantrum/ The Republican-controlled Arizona State Senate failed to pass an election integrity bill that tightens the rules for maintaining lists of voters who automatically are mailed absentee ballots Thursday when State Sen. Kelly Townsend (R-16) surprised her colleagues by joining with all 14 Democrats who voted no when the bill came to the floor. Senate Bill 1485 maintains the language of the current Arizona statute that, “Any voter may request to be included on a list of voters to receive an early ballot for any election for which the county voter registration roll is used to prepare the election register,” but specifies a new requirement that a voter who has previously requested to be added to that list of early ballot recipients shall be removed from that list if, “the voter fails to vote an early ballot in both the primary election and the general election for two consecutive primary and general elections for which there was a federal, statewide, or legislative race on the ballot.” Sixteen members of the Arizona State Senate are Republicans, 14 are Democrats. After State Sen. Townsend (pictured) made her surprise announcement on the Senate floor Thursday she would join the Democrats and vote no on the bill, the bill’s sponsor, State Sen. Michelle Ugente-Rita (R-23) also voted no, a parliamentary maneuver which allows her to bring the bill up again for another floor vote before the current legislative session ends. The bill failed subsequently by a vote of 16 to 14. The bill passed the Arizona House by a strict party-line 31 to 29 vote Tuesday. The bill’s sponsor, Republican state Sen. Michelle Ugenti-Rita, said on the floor it was “disappointing to be on the receiving end of someone’s temper tantrum.” Townsend said she wouldn’t vote on any of the other proposed election changes until after the audit was completed, and complained that her own election bills had died in the committee. “Absolutely I’m upset about all of my election bills — dead. Absolutely, I’m upset. You want to see a temper tantrum? I can show you one if you really want to see it,” she said. Arizona Senator Kelly Townsend voted against SB1485, a bill which she had already voted for twice, in a short-sighted attempt to draw attention to other election bills which failed to pass out of committee. | |||
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Lawyers, Guns and Money |
Good analysis of what Biden is doing to take us back to Obama on steroids... Obamanomics vs MAGAnomics – Biden Tax Plan is Part of Intentional Effort to Force The U.S. into a Service Driven Economy, Again April 23, 2021 | Sundance Let’s start by being intentionally direct with each other. The JoeBama tax proposals are not accidental or misguided; far from it. The intent of Obama’s third term economic policy is to return to forced globalism and diminished U.S. middle-class prosperity…. the often mentioned “service driven economy.” There is nothing of value behind the obtuse term “service driven economy.” The multinationals are paying for this administration, just like they paid the Obama administration; paying for economic policy that advances their interests. Congress goes along with the K-Street demands because Wall Street is now the primary benefactor of legislative intent. Nothing about their effort is done with American interests in mind. Let me also be clear… Ever since I put forth the explanations of “A New Dimension in American Economics” I have been contacted by several prominent people within the financial institutions and academic sphere who agree with the principle. However, every single person states there is too much risk in explaining the intent and motive behind the curtain. What JoeBama is proposing in his tax plan is specifically intended to rapidly advance the interests of Wall Street and corporate multinationals. Before getting to the baseline of how, let’s first look at his proposals as purposefully leaked: WASHINGTON (Reuters) -President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said. The plan is part of the White House’s push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden’s ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million. That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era. […] Sources said details would be released next week before Biden’s address to Congress on Wednesday. Details of the plan may change in coming days. (read more) We do not need to guess what the impacts would be; we have already seen exactly what results they generate. We have specific examples from both state domestic (see the Connecticut example), and national outcomes. The “rust belt” was created by these policies that incentivize off-shoring and outsourcing that benefits multinationals and hurts U.S. based national companies. Do not get caught up in the leftist narrative about ‘spreading the wealth‘ between the rich and poor. That is a distractive misnomer created by K-Street as an advanced -albeit false- talking point to deflect political consequences. The JoeBama goal has nothing to do with supporting poor Americans; the goal is to make everyone in the United States less wealthy, including the “poor”. The goal is to assist the multinationals; they are paying for this economic policy. To understand the baseline, let me repost the explanation from four years ago when candidate Donald Trump outlined his “America First” economic policies. The Trump-era policy was intended to remove the tentacles of the multinationals and support the U.S. middle class. Again, we don’t have to guess whether Trump was right, because we saw the incredible economic growth his policies (regulatory and treasury) generated. FIRST, THE PROBLEM: Anyone thinking Donald Trump was not intensely serious about America-First economics received a massive dose of reality when they realized Donald Trump put reinstatement of Glass-Steagall into the 2016 Republican Platform: “We support reinstating the Glass-Steagall Act of 1933 which prohibits commercial banks from engaging in high-risk investment,” said the platform released by the Republican National Committee. (link) Trump thumbs up CONTEXT – Beyond the larger context of Globalists VS Nationalists (Americanism), the internal opposition to Common Sense economic conservatism (Americanism) can be broken down into two categories: Never trump crowd ♦ The first group are those who are fundamentally naive about large and historic economic issues; and how the economy was changed, forced to change through the past forty years, by financial interests who created a second, “false“, paper economy. This first group is generally young, pseudo-intellectual, and their only reference is while formally educated within the last thirty years (they’re under 50). Most of the oppositional (conservative) punditry falls into this category. [Important to note, this group is also joined by the majority of politicians who are approximately the same age.] ♦ The second group are those who truly know better. They are older and wiser, they know the truth because they saw it unfold. However, they are also financially dependent on retention of a global narrative that sold the change in the past 40 years. These are the willfully blind who have sold-out to the benefit of, and enrichment from, the false economy. This second group is intent on retaining a historic set of false assumptions by fraud and deception. There motives can be debated, but most conservatives as well as almost all democrats in media punditry fit into this second grouping. Their false economic framework is then echo-chambered through think-tanks, and passed down to the younger group #1. ben shapirorich lowry Exhibit “A” would be conservatives standing at CPAC to applaud Speaker Paul Ryan who passed a $2+ trillion Omnibus spending bill to ensure 8 straight years without a budget. See the disconnect? The world-view of the first group (younger voices, CPAC seal-clappers) is fundamentally seeded on social issues. They are in no position to speak accurately about economic matters because they don’t have a reference point underpinning their expressed outlook. Their Gen-X and Millennial economic arguments are esoteric opinions . They never experienced the era of industrial giants; they have no form of reference. ♦ In most of the modern post-war industrial era (1950-1980) banking was a boring job and only slide rule bean-counters and actuarial accountants moved into that sector of the workforce. Most people don’t like math – these were not exciting jobs. Inside the most boring division of a boring banking industry were the bond departments within the larger bank and finance companies. The excitement was in the actual economy of Main Street business. The giants of industry created businesses, built things, manufactured products, created innovation and originated internal domestic wealth in a fast-paced real economy. Natural peaks and economic valleys, as the GDP expanded and contracted, based on internal economic factors of labor, energy, monetary policy and regulation. Main Street generated the pool of political candidates – because the legislative conduct of politicians had more impact on Main Street. Simply, the business agents had a vested interest in political determinations. Political candidates courted industrialists, business owners, and capitalist giants to support them. As a consequence Main Street USA was in control of DC outcomes. Despite the liberal talking points to the contrary, this relationship was a natural synergy of business interests and political influence. It just made sense that way, and the grown-ups were generally in charge of it. government-money♦ Commercial banks courted businesses because bankers needed deposits. Without deposits banks could not generate loans; without loans banks could not generate profits…. and so it was. By rule only 10 percent of a commercial bank’s income could stem from securities. One exception to this 10% rule was that commercial banks could underwrite government-issued bonds. Investment banks (the bond division) were entirely separate entities. The Glass-Steagall banking laws of 1932 kept it that way. However, mid 1970’s bank regulators began issuing Glass–Steagall interpretations -that were upheld by courts- and permitted banks and their affiliates to engage in an increasing variety and amount of securities activities. After years of continual erosion of the Glass-Steagall firewall, eventually it disappeared. This became the origin of the slow-motion explosion of investment banking. If you look back historically from today toward 1980 (ish) what you will find is this is also the ultimate fork where economic globalism began overtaking economic nationalism. Banks could now make money, much more money, from investment divisions issuing paper financial transactions, not necessarily dependent on actual physical assets; or actual profits and loss. The transactions grew exponentially. The bond market portion ultimately led to the ’07/’08 housing collapse, and derivative trading (collateralized debt obligations or CDO’s) generated trillions of paper dollars. Long before the ’08 collapse, business schools in 1980 began calling this the second economy (a false economy, or the invisible economy). The second economy, which ultimately became the global economy, is also the Wall Street investment economy. Two divergent economies: Wall Street (paper), and Main Street (real). There is no real property, real capital, real tangible assets in the Wall Street economy. The false economy is based on trades and financial transactions, essentially opinions. Paper shifts, and buys and sells based on predictions and bets (derivatives). Insurance products create an even larger subdivision within the false economy as hedgers wagered on negative outcomes. The money wagered is exponential – some say more than a quadrillion currently floats. ♦ Now you realize, in hindsight, there had to be a point where the value of the second economy (Wall Street) surpassed the value of the first economy (Main Street). Investments, and the bets therein, needed to expand outside of the USA. hence, globalist investing. However, a second more consequential aspect happened simultaneously. a17b2-hip-replacement-recall-briberyThe politicians became more valuable to the Wall Street team than the Main Street team; and Wall Street had deeper pockets because their economy was now larger. As a consequence Wall Street started funding political candidates and asking for legislation that benefited their interests. When Main Street was purchasing the legislative influence the outcomes were beneficial to Main Street, and by direct attachment those outcomes also benefited the average American inside the real economy. When Wall Street began purchasing the legislative influence, the outcomes became beneficial to Wall Street. Those benefits are detached from improving the livelihoods of main street Americans because the benefits are “global” needs. Global financial interests, investment interests, are now the primary filter through which the DC legislative outcomes are considered. There is a natural disconnect. ♦ When former House Speaker Paul Ryan said: “Donald Trump and I come from two different wings of the party”, he is specifically pointing out this disconnect, yet few drew attention to it. Yes, it is true – Trump represented the Main Street wing, Ryan represented the Wall Street wing. Going back to the opening paragraphs. The news and opinion punditry never take the time to explain the root cause of the disassociation, because: A) Group one doesn’t understand it; and B) Group two is compensated to remain willfully blind, and to ignore it. Yes, there was a fundamental ideological conflict within the 2016 election, and Wall Street fought Donald Trump hard. However, for the first time in decades the American middle-class assembled and MAGA Main Street finally beat Wall Street. Every single attack on Trump from that moment forth was created by this shockwave. There were trillions at stake. So that takes us to the next phase of the dynamic…. What did Trump see that politicians were intent on hiding? WHAT WAS THE PROBLEM? Traditional economic principles have revolved around the Macro and Micro with interventionist influences driven by GDP (Gross Domestic Product, or total economic output), interest rates, inflation rates and federally controlled monetary policy designed to steer the broad economic outcomes. Additionally, in large measure, the various data points which underline macro principles are two dimensional. As the X-Axis goes thus, the Y-Axis responds accordingly… and so it goes…. and so it has historically gone. trump convention 2Traditional monetary policy centered upon a belief of cause and effect: (ex.1) If inflation grows, it can be reduced by rising interest rates. Or, (ex.2) as GDP shrinks, it too can be affected by decreases in interest rates to stimulate investment/production etc. However, against the backdrop of economic Globalism -vs- economic Americanism, CTH is noting the two dimensional economic approach is no longer a relevant model. There is another economic dimension, a third dimension. An undiscovered depth or distance between the “X” and the “Y”. I believe it is critical to understand this new dimension in order to understand Trump’s MAGAnomic principles, and the subsequent “America-First” economy he was building. As the distance between the X and Y increases over time, the affect detaches – slowly and almost invisibly. I believe understanding this hidden distance perspective will reconcile many of the current economic contractions. I also predict this third dimension will eventually be discovered/admitted, and will be extremely consequential in the coming decade. To understand the basic theory, allow me to introduce a visual image to assist comprehension. Think about the two economies, Wall Street (paper or false economy) and Main Street (real or traditional economy) as two parallel roads or tracks. Think of Wall Street as one train engine and Main Street as another. The Metaphor – Several decades ago, 1980-ish, our two economic engines started out in South Florida with the Wall Street economy on I-95 the East Coast, and the Main Street economy on I-75 the West Coast. The distance between them less than 100 miles. As each economy heads North, over time the distance between them grows. As they cross the Florida State line Wall Street’s engine (I-95) is now 200 miles from Main Street’s engine (traveling I-75). As we have discussed – the legislative outcomes, along with the monetary policy therein, follows the economic engine carrying the greatest political influence. Our historic result is monetary policy followed the Wall Street engine. THIS PART IS CRITICAL: […] there had to be a point where the value of the second economy (Wall Street) surpassed the value of the first economy (Main Street). [This important acceptance is just common sense. The U.S. GDP is currently around $20 trillion, but the total valuation of the Wall Street stock market is much larger than our GDP. Wall Street is more valuable than Main Street. It is a simple albeit important reality to accept.] Investments, and the bets therein, needed to expand outside of the USA. Hence, globalist investing. However, a second more consequential aspect happened simultaneously. The politicians became more valuable to the Wall Street team than the Main Street team; and Wall Street had deeper pockets because their economy was now larger. As a consequence Wall Street started funding political candidates and asking for legislation that benefited their interests. When Main Street was purchasing the legislative influence the outcomes were beneficial to Main Street, and by direct attachment those outcomes also benefited the average American inside the real economy. When Wall Street began purchasing the legislative influence, the outcomes therein became beneficial to Wall Street. Those benefits are detached from improving the livelihoods of main street Americans because the benefits are “global” needs. Global financial interests, investment interests, are now the primary filter through which the DC legislative outcomes are considered. There is a natural disconnect. (more) Here is an example of the resulting impact as felt by consumers: ♦ TWO ECONOMIES – Time continues to pass as each economy heads North. Economic Globalism expands. Wall Street’s false (paper) economy becomes the far greater economy. Federal fiscal policy follows and fuels the larger economy. In turn the Wall Street benefactors pay back the politicians. Economic Nationalism shrinks. Main Street’s real (traditional) economy shrinks. Domestic manufacturing drops. Jobs are off-shored. Main Street companies try to offset the shrinking economy with increased productivity (the fuel). Wages stagnate. Now it’s 1990 – The Wall Street economic engine (traveling I-95) reaches Northern North Carolina. However, it’s now 500 miles away from Main Street’s engine (traveling I-75). The Appalachian range is the geographic wedge creating the natural divide (a metaphor for ‘trickle down’). By the time the decade of 2000 arrives – Wall Street’s well fueled engine, and the accompanying DC legislative attention, influence and monetary policy, has reached Philadelphia. However, Main Street’s engine is in Ohio (they’re now 700 miles apart) and almost out of fuel; there simply is no more productivity to squeeze. From that moment in time, and from that geographic location, all forward travel is now only going to push the two economies further apart. I-95 now heads North East, and I-75 heads due North through Michigan. The distance between these engines is going to grow much more significantly now with each passing mile/month…. However, and this is a key reference point, if you are judging their advancing progress from a globalist vessel (filled with traditional academic economists) in the mid-Atlantic, both economies (both engines) would seem to be essentially in the same place based on their latitude. From a two-dimensional linear perspective you cannot tell the distance between them. It is within this distance between the two economies, which grew over time, where a new economic dimension has been created and is not getting attention. It is critical to understand the detachment. Within this three dimensional detachment you understand why Near-Zero interest rates no longer drive an expansion of the GDP. The Main Street economic engine is just too far away to gain any substantive benefit. Despite their domestic origin in NY/DC, traditional fiscal policies (over time) have focused exclusively on the Wall Street, Globalist economy. The Wall Street Economic engine was simply seen as the only economy that would survive. The Main Street engine was viewed by DC, and those who assemble the legislative priorities therein, as a dying engine, lacking fuel, and destined to be service driven only…. Within the new 3rd economic dimension, the distance between Wall Street and Main Street economic engines, you will find the data to reconcile years of odd economic detachment. Here’s where it gets really interesting. Understanding the distance between the real Main Street economic engine and the false Wall Street economic engine will help all of us to understand the scope of the economic inflation lag during the Trump administration. Which, rather remarkably I would add, was a very interesting dynamic. Trump was in charge… Now think about these engines doing a turn about and beginning a rapid reverse. GDP could, and as we saw did, expand quickly. However, any interest rate hikes (monetary policy) intended to cool down that expansion -fearful of inflation- would take a long time to traverse the divide. That is exactly what happened. Jerome Powell attempted to block the America First program with interest hikes; however, his efforts were futile because of the distance between the two economic engines. President Trump was focused on assisting Main Street, and Powell’s attempts at impacting Main Street growth couldn’t impact Trump’s program. During the Trump era we actually imported deflation because China and other nations were attempting to avoid tariff cost increases; so they devalued their currency. The problem for them was that devaluation of their currency not only made their tariffed goods cheaper, it made the non tariff goods cost less. As a result we were importing deflation from around the world. Inflation on durable goods could not be significant until those nations stopped devaluing their currency. Simultaneously, as international trade agreements were renegotiated the originating nations of those products were forced into the same type of economic detachment described above. The global manufacturing economies first responded to increases in export costs (tariffs etc.), by devaluing their currency; then they began driving their own productivity higher as an offset, in the same manner American workers went through in the past three decades. The manufacturing enterprise and the financial sector (connected to the consumer) remained focused on the pricing. ♦ Inflation on imported durable goods sold in America, while necessary, was -as we expected- ultimately minimal during this initial period of Trump policy. Predictably, if we stuck with the program inflation would have expanded significantly as time progressed and off-shored manufacturing found less and less ways to be productive. Over time, imported durable good prices would increase – but it was going to come much later; and by that time our own industrial base would be re-established. ♦ Inflation on domestic consumable goods ‘would’ likely rise at a faster pace. However, as we saw U.S. wage rates were respond faster, naturally faster, than any monetary policy because inflation on fast-turn consumable goods became re-coupled to the ability of wage rates to afford them…. and the labor market was on fire. Wages were factually growing faster than inflation during Trump’s term in office. The monetary policy impact lag, caused by the distance between federal monetary action and the domestic Main Street economy, was -under the Trump policy- now working in our favor. That is, in favor of the middle-class. Within the aforementioned distance between “X” and “Y”, a result of three decades traveled by two divergent economic engines, that was our new economic dimension…. Trump thumbs up What JoeBama 3.0 is proposing now is a return to the prior economic model where Wall Street multinationals benefit and the U.S. middle-class is pushed into their intentionally created “service driven economy”. Hope that helps. https://theconservativetreehou...riven-economy-again/ "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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Member |
The Smithsonian unveils President Trump's Portrait President Trump's portrait vs. Zero https://twitter.com/bennyjohns.../1386685046799618048 ...let him who has no sword sell his robe and buy one. Luke 22:35-36 NAV "Behold, I send you out as sheep in the midst of wolves; so be shrewd as serpents and innocent as doves." Matthew 10:16 NASV | |||
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Political Cynic |
the election audit is finally underway here in AZ seems to be going forward in spite of attempts by Maricopa and the libtards to stall it | |||
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