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New Jersey Governor Phil Murphy Confronted Over COVID Rules for Thee, But Not For He…

New Jersey Governor Phil Murphy announced new COVID compliance restrictions upon citizens of the Garden State last week.  A limit of 10 people are allowed to gather indoors and a limit of 150 allowed to gather outdoors.  Masks are mandated by decree.

However, some citizens of New Jersey are ready to fight back against the arbitrary totalitarian dictates, and they are well prepared to make Murphy uncomfortable.  We can all expect to see much more of this…. We are not a nation to be ruled as sheep. WATCH:

**Salty Language Alert***

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The cloistered professional political class have no idea what is about to erupt upon them. These are very tenuous times and we are not a nation that aligns with dictates by political elites. Pushed far enough, decisions are reached. There are more of us than them.

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President Trump Delivers Remarks on Delivering Lower Prescription Drug Prices – 2:30pm Livestream…

This afternoon President Donald Trump will be delivering remarks from the White House on initiatives to lower prescription drug prices. The anticipated start time is 2:30pm ET [Livestream Links Below] UPDATE: Video Added

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[Transcript] – THE PRESIDENT: Thank you very much. This is a very big announcement — the biggest ever, concerning drugs and drug pricing. So, today, I have to tell you it’s a great honor for me to announce that my administration is issuing two groundbreaking rules to very dramatically lower the price of prescription drugs for the American people, especially for our cherished seniors.

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President Trump Provides Update on Operation Warp Speed – COVID Mitigation – Video and Transcript…

Friday afternoon President Donald Trump provided an update on Operation Warp Speed, the program to mitigate COVID-19 impacts in the U.S. to include therapeutics a vaccination for the virus. [Video and Transcript Below]

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[Transcript] – THE PRESIDENT: Thank you very much. Thank you. It’s beautiful out here this time of year. In the past nine months, my administration has initiated the single greatest mobilization in U.S. history — pioneering, developing, and manufacturing therapies and vaccines in record time. Numbers like nobody has seen before.

No medical breakthrough of this scope and magnitude has ever been achieved this rapidly, this quickly. And we’re very proud of it, and I had tremendous help from the military — generals, admirals — and many of the great people at the White House.

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MAGAnomics: Manufacturing Orders Jump Highest in 17 Years – 3.4 Percent Higher Than Pre-Pandemic Levels…

The ISM manufacturing survey was released today showing exceptional economic news on the manufacturing front. New orders for manufactured goods jumped to their highest level in 17 years and were 3.4 percent higher than pre-pandemic levels. That data matches our earlier ground reports from across the nation.

The manufacturing sector inventories are low, that means this cycle of replenishment will continue for some time. Orders for customer goods continues to drive expansion, investment and operational increases in productivity.  That customer demand drives the need for increased hiring in manufacturing…. that demand drives wages… and so the middle-class is again on track for a fantastic rebound.  That’s MAGAnomics.

WASHINGTON (Reuters) – U.S. manufacturing activity accelerated more than expected in October, with new orders jumping to their highest level in nearly 17 years amid a shift in spending toward goods like motor vehicles and food as the COVID-19 pandemic drags on.

However, the media once again cannot bring themselves to cheer on a stunning economic recovery. Instead take a look at how Reuters frames their narrative:

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V-Shaped Recovery Achieved – Third Quarter GDP Growth a Record Breaking 33.1 Percent…

For several months the Trump administration has been talking about a “V-Shaped recovery,” meaning the COVID-19 rebound would be as strong as the preceding quarter contraction.  Today the Bureau of Economic Analysis (BEA) released the third-quarter economic stats reflecting exactly that, a V-shaped recovery.

The 3rd quarter rebound in GDP growth was 33.1 percent, larger than the 2nd quarter contraction of 31.4 percent.  And keep in mind this is with a major part of the U.S. leisure and hospitality sector remaining severely impacted. [See Table 3, Line 20]

Despite several blue states attempting to stall their economic recovery, overall the economy is rebounding as expected.  Obviously the threat of COVID has been weaponized as an election strategy. It is against the interests of the administration’s political opposition to support a more honest, open and engaged economic recovery.

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Stunning MAGAnomic Comeback – September Retail Sales Jump 1.9 Percent, and 5.4 Percent Year Over Year…

The September retail sales show it’s a super-V recovery folks.  According to Census Retail data released today [LINK HERE] – [PDF HERE] September retail sales jumped 1.9 percent, that result is triple what forecasters and economists had projected.  However, the data is even better.  Need more winnamins !

A September 2020 comparison to September 2019 shows last month’s retail sales jumped a whopping 5.4 percent year-over-year.  That means last month saw consumer spending 5.4% higher than consumer spending before COVID-19 hit the U.S. economy. Keep in mind two-thirds of U.S. GDP is driven by retail sales and consumer spending.

Reuters is absolutely apoplectic with disappointment because their forecasters were only looking for 0.7 percent growth, and the 1.9 percent result is almost triple their expectations.  Despite missing the forecast, Reuters doubles-down on a “dark cloud” narrative and sells a doomsayer message because the globalists/multinationals are sad.

(Reuters) […] Retail sales jumped 1.9% last month as consumers bought motor vehicles and clothing, dined out and splashed out on hobbies. That followed an unrevised 0.6% increase in August.

Economists polled by Reuters had forecast retail sales would rise 0.7% in September.

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Understanding What Foreign Governments are Purchasing From The Bidens – There are Trillions at Stake…

Amid the latest evidence that Hunter and Joe Biden are selling their ability to influence U.S. institutions to the benefit of foreign governments, I have received numerous requests to once again explain what those foreign interests are purchasing.

Understanding the purchase requires understanding the term “exfiltration” of wealth.  To understand the purchasing system, it becomes necessary to understand the underlying financial & economic constructs; the cornerstone of U.S. wealth. We begin…

President Trump is disrupting decades of multinational financial interests who use the U.S. as a host for their ideological & economic objectives. President Trump is confronting multinational corporations and the global constructs of economic systems that were put in place, by DC politicians and billionaire elites, to the detriment of the USA; ie. YOU.

There are trillions at stake.  All else is chaff and countermeasures.

We are already familiar how China, Mexico and ASEAN nations export our raw materials (ore, coking coal, rare earth minerals etc.). The raw materials are used to manufacture goods overseas, the cheap durable goods are then shipped back into the U.S. for purchase.

It is within this decades-long process where we lost the manufacturing base, and the multinational economic planners (World Trade Organization) put us on a path to being a “service driven” economy.

The road to a “service-driven economy” is paved with a great disparity between financial classes. The wealth gap is directly related to the inability of the middle-class to thrive.

Elite financial interests, including those within Washington DC, gain wealth and power, the U.S. workforce is reduced to servitude, “service”, of their affluent needs.

The destruction of the U.S. industrial and manufacturing base is EXACTLY WHY the wealth gap has exploded in the past 30 years.

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European Union Imposes Import Tariffs on Chinese and Asian Imported Steel…

Hypocrisy much?  After spending an exhaustive amount of energy and media attention decrying President Trump’s tariffs against imported steel, the European union turns around and quietly does exactly the same thing….  Imagine that.

BRUSSELS (Reuters) – The European Union will impose tariffs on imports of hot-rolled stainless steel coils and sheets from China, Indonesia and Taiwan after an investigation found they were being sold at artificially low prices.

The European Commission, which conducted the investigation, has set duties of up to 19% for imports from China, of 17.3% for product from Indonesia and up to 7.5% for stainless steel from Taiwan, the EU’s official journal said on Wednesday.

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The Heartbeat of MAGA – White House Policy Report on “Buy American/Hire American” Success…

The White House is pleased to release a new report from the Office of Trade and Manufacturing Policy entitled “Donald J. Trump: The Buy American, Hire American President.”

This comprehensive report demonstrates that President Trump has not only talked about “Made in the USA,” he has made it a reality across five dimensions of a comprehensive strategy [pdf available here]:

1. Buy American Government Procurement;
2. Hire American initiatives;
3. Trade negotiations and tariffs;
4. The defense budget and foreign military sales; and  5. Support for America’s maritime industry

By focusing on “Made in the USA” across these five dimensions, the result has been a long-overdue renaissance in American manufacturing and a significant strengthening of America’s defense industrial base. As President Trump has often said, “Economic security is indeed national security.”

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Exceeding Expectations – ADP Payrolls Increase 749,000 in September – Matches Ground Activity…

The ADP private sector payroll report [link here] reflects continued rapid recovery from the regional COVID-19 shutdowns. The monthly report shows gains of 749,000 jobs, exceeding the expected 650,000 forecast.

One of the key factors is the expiration of the disincentive via the federal COVID unemployment mechanism that provided an additional $600/month beyond normal earnings in the unemployment package. This has been a topic of many coversations in my travels as working-class businesses have been having a hard time getting people to return to work.  (more on that below)

(Reuters) Private payrolls increased by 749,000 jobs this month after rising 481,000 in August, the ADP National Employment Report showed. Economists polled by Reuters had forecast private payrolls would rise by 650,000 in September. Employment gains were spread across all industries and company size.

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