Investor Business Daily analyzes Hillary’s recent speech on her plans to improve the economy.
But her answer to every question was the same: more government spending, more government mandates and regulations, and higher taxes on businesses and investors. Indeed, in 30 minutes she managed to pack in a huge number of new government programs.
It will be 8 years of the Obama economy part deux. Just remember that Obama is the first and only president in our 227 year history to fail to achieve 3% GDP growth even once during his term.
No longer just shouting down free speech when it disagrees with their own opinions, anti-Trump liberals have been increasingly violent. We’ve seen punches thrown, shoving, throwing debri, chasing and tackling, homes vandalized, and even death threats for those expressing support for the next President. In an incident 25 July 2016, a man was shot in Cleveland for the offense of expressing support for Trump.
The 60-year-old victim said he thought Trump would make a good president. 45-year-old Darnell Hall said he would not. Hall then left the establishment, retrieved a weapon, returned, and brandished the weapon which discharged and hit the victim in the leg.
This is not a heat-of-the-moment exchange. Said liberal left, retrieved, and returned showing malice of forethought. He is free on a mere $15,000 bond.
Charles Gave authors a short but fascinating read, Toynbee’s Europe. I found this bit particularly notable:
Mervyn King, the former governor of the Bank of England, wrote in his recent book The End of Alchemy that European leaders pushed for the adoption of the euro as a single currency knowing that it would cause an economic disaster in Southern Europe. The idea was that the impact of weakened economies would force national politicians to accept “reforms” imposed by Brussels. Put simply, Lord King argues that these elites consciously organized a huge decline in living standards in the expectation that it would undermine the legitimacy of local politicians. The problem is that most regular people (rightly) believe that their state is the best guarantor of their society being able to “live together”, which is the basic contract binding a nation.
This, as well as much of the article, is a damning condemnation of Technocracy which is the Globalist’s dream State. This is the same strategy being pursued by many of the Republicrats ruling from Washington, not to mention Hillary and Obama.
Read the entire article.
HT to the essential Mauldin newsletter, Outside the Box.
Last week, Trump delayed announcing Pence as his VP choice for a day because of the horrific terrorist attack in Nice.
Today, a man yelling Allah Akbar gunned down children in Munich.
This afternoon, the Virginia Supreme Court struck down Governor McAuliffe’s sweeping executive order to give voting rights back to 200,000 felons, jeopardizing a Democratic victory in November in a barely-blue battleground state.
Two hours later, under the shadow of the ongoing manhunt in Germany and as appalling details continued to emerge, Hillary announced Virginia Sen. Tim Kaine as her running mate.
Democratic Mayor Bill “No Big Gulp” de Blasio is advancing yet another nanny state fascist reform, this time in a war on salt. New York City is planning to fine chain restaurants that do not warn diners about high salt content dishes after an appeals court lifted a temporary hold on issuing fines while the matter is settled once and for all in yet more litigation.
The mayor applauded the appeals court’s decision to allow further unnecessary onerous regulation on business in his city.
BTW, Medical News Today reports that a study published in The Lancet found that low salt intake may raise the risk of heart attack, stroke, and death.
Compared with people who had an average sodium intake, the rates of heart attack, stroke, and death were higher among those who had a low sodium intake, regardless of whether participants had high blood pressure.
Interestingly, low salt intake in the study was defined as an intake of less than 3,000 milligrams a day, which is above current recommendations in the United States.
Furthermore, the researchers found that only individuals with high blood pressure appeared to be subject to the risks associated with high salt intake – defined as more than 6,000 milligrams daily.
Meanwhile, New York City is in the process of decriminalizing a slew of disgusting behaviors including drinking alcohol out of bags, public urination, littering, loitering in parks after hours, and violating noise codes. No doubt, the City Council and police will take credit for the drop in crime even as law abiding citizen’s quality of life plummets. Personally, I’ll take Rudy and Bernard’s Broken Windows policing because it works when done correctly.
The big difference between Donald Trump and Hillary Clinton is that no one — Trump included, most likely — knows what a Trump presidency would look like. Everyone appears to know what a Clinton presidency would look like.
IBD posits that Democrat attitudes towards Web-based sharing companies like Uber, Lyft and Airbnb is an opportunity for Republicans who are less anxious to regulate these new business models out of existence:
Last August, self-described socialist Bernie Sanders told Bloomberg that he had “serious problems” with Uber because it was “unregulated.”
The Democrats’ presumptive presidential nominee, Hillary Clinton, vowed to “crack down” on companies that she says “exploit employees” by labeling them contractors — a thinly veiled dig at Uber and Lyft.
Ultraliberal Sen. Elizabeth Warren, likewise, claims these companies exploit workers, and called them “the next step in a losing effort to build some economic security in a world where all the benefits are floating to the top 10%.”
New York’s leftist Mayor Bill de Blasio tried to hamstring Uber and Lyft by imposing a cap on the number of cars the service could operate. Other Democratic mayors have tried to block Uber’s growth.
The reasons for Democratic opposition varies. In the case of de Blasio, it’s clearly meant to protect the existing taxicab monopoly. In the case of Warren and Clinton, it’s because these Web-based sharing services threaten old-style unionized working relationships.
Whatever the reasons, the opposition from Democratic Party leaders flies in the face of the views of the party’s young members who actually use and are benefiting from the “gig economy.”
One would think that the Libertarian Party will equally benefit.
A powerful 3 minute video well worth watching.
Warning: imagery may be disturbing to some, as would be expected in a video dealing with terrorism.
After the Nevada Democrat convention went full-out cra-cra, the talking heads are having a field day. Fiscal Times says to get ready for a third party run from Bernie Sanders. MarketWatch lectures Bernie that he has to decide if he’s a Democrat or a revolutionary. But I think that Professor Larry Sabato has it right: imagine the things Sanders will be able to demand when he goes to the DNC convention with 40% of the delegates in his pocket.
…think about what you can do with a raucous group of 40% of the delegates. He’ll want all sorts of platform planks, he’ll want influence on VP pick, he may want to control some of the scheudle [sic]. This is going to get really stick and messy…
At least Romney has thrown in the towel on the #NeverTrump movement and finally abandoned the idea of recruiting a candidate for a third-party run.
I fully expect Trump to start pulling away from Hillary in the polls as he starts focusing his rhetoric in her and Bill’s direction. I missed the interview with Hannity wherein he described Bill’s assault as rape but that’s just the beginning for Bill (we’ve already seen the “crooked Hillary” label stick … I wonder if he’ll start saying “rapey Bill“).
In other news, the video Hillary Clinton lying for 13 minutes straight has over 7 million views on YouTube. It will be interesting to see how damaging a similar video for Trump will be once that is published (the authors said he would be next) but I doubt that it will have the same impact. Everyone knows that the Don’s positions have changed and solidified with his entry into politics and he doesn’t have the same disappointing history of expected truth-telling as Hillary.
Meanwhile, Trump is starting to show his “presidential” persona to the voters. Scott Adams has a great analysis of Trump’s interview with Megyn Kelly. In addition to his positioning to win over women (really, read the “excuse me” section of the analysis … hilarious), Adams notes the change in behavior now that Trump isn’t trying to take out 16 simultaneous threats:
Voters worry that the dangerous-sounding guy Trump plays on television is real. So Trump successfully showed his sane side in the interview. Everything he said sounded reasonable enough, especially the part where he said he wouldn’t have gotten so far in the campaign without getting ugly. You know that’s true.
Then Trump proved he can modulate his behavior on demand by…modulating his behavior on command. Trump was personable and even a bit humble with Kelly. He turned a professional enemy into what looks like a friend, and he did it right in front of our eyes. Kelly even mentioned that she gave Trump her cellphone number. The two of them got along great, and we got to watch. It all looked genuine to me. No sign of any insanity.
One other thing that you probably didn’t see mentioned in the mainstream press (Drudge featured it for a bit): Chelsea’s husband shut down his pro-Greek hedge fund after losing 90% of investors’ money:
The kid was betting on a bankrupt welfare state’s ability to right its course, Hahahaha! He should blame his parents, both former Democrat members of Congress (and one – the father – an ex-con imprisoned for fraud). Nobody but a clueless liberal would bet serious money on a welfare state reforming itself. Yet somehow young Mezvinsky, was able to raise $25 mill.
Another nut that didn’t fall far from the tree. I wouldn’t trust him to hold my dog’s leash, much less with anything of real value. Which pretty much goes for everyone in that crowd. Who are you going to trust with your tax dollars, your 401K investments, your children’s futures … politician Hillary or businessman Don?
Disclaimer: I fully expect to be disappointed in a Trump presidency, particularly in domestic and economic policies. OTOH, I expect another Clinton presidency to be an unmitigated disaster from which the country will never recover.