Right on Inflation, Wrong on Tariffs -
Gary Cohn Outlines Biden Inflation and
State of Economy for 2024 Election
Posted By: Mercedes44, 3/11/2024 9:53:56 PM
Gary Cohn appears on Face The Nation to discuss the finance, the economy and the pain felt by consumers. He won’t say it directly, for obvious reasons, but what Cohn describes in terms of political support boils down to Main Street business supporting Donald Trump and Wall Street Multinational Corporations supporting Joe Biden. That is ultimately what is obvious at a macro level. I’m starting the video at 03:08 for the purposes of emphasizing inflation. What Cohn says about U.S. inflation is essentially accurate and I have a Cliff Notes, tldr, HERE. However, what Cohn says about tariffs creating inflation is not accurate,
Below, you will find ...
Most Recent Articles posted by "Mercedes44"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by
Mercedes44"
Gary Cohn appears on Face The Nation to discuss the finance, the economy and the pain felt by consumers. He won’t say it directly, for obvious reasons, but what Cohn describes in terms of political support boils down to Main Street business supporting Donald Trump and Wall Street Multinational Corporations supporting Joe Biden. That is ultimately what is obvious at a macro level. I’m starting the video at 03:08 for the purposes of emphasizing inflation. What Cohn says about U.S. inflation is essentially accurate and I have a Cliff Notes, tldr, HERE. However, what Cohn says about tariffs creating inflation is not accurate,
Former President Donald Trump said Monday that he still believes TikTok poses a national security risk but is opposed to banning the hugely popular app because doing so would help its rival, Facebook, which he continues to lambast over his 2020 election loss.
Trump, in a call-in interview with CNBC’s “Squawk Box,” was asked about his comments last week that seemed to voice opposition to a bill being advanced by Congress that would effectively ban TikTok and other ByteDance apps from the Apple and Google app stores as well as U.S. web hosting services.
“Frankly, there are a lot of people on TikTok that love it.
Biden unveils massive $7.3T budget with
$5.5T in tax hikes, plans for ‘highest
burden’ in US history 23 replies
$5.5T in tax hikes, plans for ‘highest
burden’ in US history 23 replies
President Biden unveiled his election-year budget pitch Monday, calling for $5.5 trillion in tax increases by raising rates on the wealthy and corporations — while driving up spending by $7.3 trillion on defense, federal benefit programs, affordable housing and student debt cancellation, among other proposals.
The fiscal year 2025 budget — which is highly unlikely to be approved by Congress — matches last year’s topline tax increase level and spends $300 billion more while purportedly cutting the federal deficit by $3 trillion over the next 10 years, the White House said on Monday.
A day after his pumped-up divisive State of the Union address, unsurprisingly headlined “fiery” by the copycat media lackeys, President Biden speaking in Pennsylvania reverted to his old befuddled self.
"Pennsylvania, I have a message for you: send me to Congress!"
"Last night [at] the U.S. Capitol -- the same building where our freedoms came under assault on July the 6th!""We added more to the national debt than any president in his term in all of history!"
Well, the last statement is true. I’ll give him that. And large budget deficits is a pattern in Democrat-run cities and states.
Congress passes first package of spending
bills just hours before shutdown deadline
for key agencies 10 replies
bills just hours before shutdown deadline
for key agencies 10 replies
The Senate on Friday approved a $460 billion package of spending bills in time to meet a midnight deadline for avoiding a shutdown of many key federal agencies, a vote that gets lawmakers about halfway home in wrapping up their appropriations work for the 2024 budget year.
The measure contains six annual spending bills and has already passed the House. It now goes to President Joe Biden to be signed into law. The White House said he would do so Saturday, and “agencies will not shut down and may continue their normal operations.”
Col Douglas Macgregor Response to Joe
Biden SOU Speech Is Profoundly Accurate
and Important 15 replies
Biden SOU Speech Is Profoundly Accurate
and Important 15 replies
Retired Colonel Douglas Macgregor delivers a surprisingly accurate response to the situation created by Joe Biden as espoused in the 2024 State of the Union address. I cannot emphasize the value of these remarks strongly enough, in part because my own independent research – and that of a global team I have been working with- is in direct alignment with this outline. Two years ago, I accepted the reality that Western sanctions against Russia were profoundly different from all other sanctions and completely ridiculous in the bigger picture of how the global economy operates.
It’s almost Super Tuesday when voters in 16 states and one territory will cast their ballots in the 2024 presidential primaries.
Here’s why the day matters — and why it looks a little different this year. It’s traditionally the biggest day nationwide for primary elections and caucuses before the actual Election Day in November. Until now, only one or two states have held primaries or caucuses on the same day.
This Tuesday, voters in 16 different states and one territory (Get it? “Super” Tuesday.) will be choosing who they want to run for president. Some states are also choosing who should run for governor or senator for their state,
Highway signs welcome drivers entering North Carolina to “the nation’s most military friendly state,” and veterans here know they’re being courted. But in a state where camouflage-colored appeals have become commonplace, recent efforts by progressive groups to cut into what has long been a reliably red constituency face an early test on Super Tuesday.
Among the 16 states and one territory casting ballots in Tuesday’s 2024 presidential primaries and caucuses are some with the nation’s highest rates of active-duty service members and largest populations of veterans:
Judicial Watch announced today it settled its 2014 Freedom of Information Act (FOIA) lawsuit, which sought the emails of then-Secretary of State Hillary Clinton regarding the Benghazi attack. This suit led directly to the disclosure of Clinton’s use of a nongovernment email server to conduct government business (Judicial Watch v. U.S. Department of State (No. 1:14-cv-01242). The settlement commits the State Department to a payment to Judicial Watch of $97,000.
Ready for la presidenta?
5 replies
It's almost certain that a woman will be the next president of Mexico, i.e., la presidenta.
She is likely going to be former Mexico City Mayor Claudia Sheinbaum, a candidate closely associated with President Andres Manuel Lopez-Obrador. For some, she is 'LO's puppet. For others, she is a U.S.-educated environmental engineer.
For most Mexicans, it's about violence and doing something about what they call "inseguridad," as we see in this from AP: And that's the challenge no matter who wins the presidency.
Hunter Biden’s Chinese legal ‘client’
threatens to sue unless first son pays
back $1 million 29 replies
threatens to sue unless first son pays
back $1 million 29 replies
Hunter Biden was paid $1 million by Chinese firm CEFC to act as attorney for its employee, Dr. Patrick Ho, but now Ho is threatening to sue the first son within seven days unless he gets the money back — because he claims Hunter did no legal work for him.
Ho sent a legal letter to Hunter last week requesting that their attorney-client agreement be terminated immediately and threatening legal action unless he receives a detailed list of services provided by Hunter and reimbursement for the unused funds, as laid out in the 2017 contract.
The GOP Is Changing, And That’s Good
19 replies
Do you remember your stupid high school government teacher, that insipid left-leaning strange-o in the bad sport jacket who taught you that conservatives don’t want to change and liberals want change and blah blah blah? Good gosh, there’s nothing worse than the unionized hacks infesting our schools and filling empty skulls with nonsense. But enough about public education. The truth is that today’s conservatives do want change, and change is coming to our party. The new Republican Party is, as that desiccated old pervert masquerading as our president likes to say, not your father’s Republican Party.
Most Active Articles (last 48 hours)
FBI Director Chris Wray is concerned that illegal migrants coming across the southern border could potentially launch another 9/11 terrorist attack on U.S. soil.
The intelligence chief's disclosure came during a Senate Intelligence Committee hearing on the greatest worldwide threats facing the U.S. today.
The hearing was interrupted several times by pro-Palestine protestors shouting 'ceasefire now!' during remarks by the nation's top spy chiefs. According to the latest annual report put out Monday by the Office of the Director of National Intelligence, the U.S. is 'facing a fragile world order' due to
With only 19.5 million viewers, Sunday night’s Academy Awards bombed with the fourth-lowest viewership in Oscar history.
Naturally, the sycophants in the corporate media who need Hollywood’s ad dollars and refuse to admit America will never embrace their fascist Woke Revolution are spinning this failure with these howler headlines: “Oscars 2024 Hit 4-Year Viewership High With 19.5 Million” and “TV Ratings: Oscars Score Post-Pandemic Highs” and “‘Barbenheimer,’ and an Early Start, Boost Oscar Ratings to 4-Year High.”
Is New York City Really Dead?
33 replies
There is a hilarious YouTube video titled What NYC is Now mocking the disgraceful state of the city’s lawless state that is now a haven for criminals.
The video may be in fun, but is sadly based on fact.
Far too many edicts coming from Mayor Eric Adams’ administration are simply mind-boggling. The city has been invaded by illegal immigrants from several countries and the mayor has ordered that they be sheltered in hotels, schools and senior residencies, displacing senior veterans, and resident citizens. In addition, a pilot program will be giving them $10,000 prepaid debit cards to buy certain items. What?!!
President Joe Biden marked the beginning of Ramadan by issuing a statement recognizing the “moment of immense pain” for many Muslim Americans while affirming his efforts to deliver humanitarian aid into Gaza.
Biden, who says he is pushing to establish a truce in the ongoing Israel-Hamas war, wrote in the statement Sunday evening: Tonight—as the new crescent moon marks the beginning of the Islamic holy month of Ramadan—Jill and I extend our best wishes and prayers to Muslims across our country and around the world.
The sacred month is a time for reflection and renewal. This year, it comes at a moment of
President Joe Biden's budget proposal includes a 25% tax hike on billionaires, tax breaks for families, new social programs, and lower health care costs - all designed to appeal to voters as he seeks a second term.
His plan, released on Monday, will serve as important message to voters as he seeks to reassure them about his stewardship of the economy and his plans to lower the deficit.
It will also serve as a contrast between his vision for the country and that of his rival Donald Trump.
Trust is foundational in relationships, whether between individuals or between individuals and institutions. A Gallup survey from last summer found, “Americans’ faith in major societal institutions hasn’t improved over the past year following a slump in public confidence in 2022.” (snip) Doctors, hospitals, and healthcare systems used to be held in high esteem, but no more. Aren’t these the “experts” in white coats? What happened to that trust? Why do only 1 in 3 Americans trust what was once a sacred healing profession? (snip) What is interesting is the partisan divide, with Democrats far more trusting in medical instructions than Republicans.
The House subcommittee investigating the January 6th committee has released a report they claim pokes holes in Cassidy Hutchinson's dramatic testimony about Donald Trump's actions on that day.
Their report claims that former White House aide Hutchinson's testimony that Trump lunged for the steering wheel of the Beast when a driver would not take him to the Capitol was not corroborated by four other former White House staffers.
The report is made up of transcribed interviews conducted by the January 6 Committee, led by Democrats last Congress.
Biden unveils massive $7.3T budget with
$5.5T in tax hikes, plans for ‘highest
burden’ in US history 23 replies
$5.5T in tax hikes, plans for ‘highest
burden’ in US history 23 replies
President Biden unveiled his election-year budget pitch Monday, calling for $5.5 trillion in tax increases by raising rates on the wealthy and corporations — while driving up spending by $7.3 trillion on defense, federal benefit programs, affordable housing and student debt cancellation, among other proposals.
The fiscal year 2025 budget — which is highly unlikely to be approved by Congress — matches last year’s topline tax increase level and spends $300 billion more while purportedly cutting the federal deficit by $3 trillion over the next 10 years, the White House said on Monday.
Alright, alright, alright. All the right people are pearl clutching as the new MAGA RNC leadership starts eliminating positions, reprioritizing the Republican National Committee on the functions that matter, and canceling professionally republican vendor contracts.
Essentially, the business end of the professionally republican RNC is being taken apart and retooled as a more election centric operation. WASHINGTON – Donald Trump’s newly installed leadership team at the Republican National Committee on Monday began the process of pushing out dozens of officials, according to two people close to the Trump campaign and the RNC.
All told, the expectation is that more than 60 RNC staffers
Court upholds town bylaw banning anyone
born in 21st century from buying tobacco products 22 replies
born in 21st century from buying tobacco products 22 replies
A Massachusetts town that adopted an unusual ordinance banning the sale of tobacco to anyone born in the 21st century is being looked at as a possible model for other cities and towns hoping to further clamp down on cigarettes and tobacco products. The bylaw — the first of its kind in the country — was adopted by Brookline in 2020 and last week was upheld by the state’s highest court, opening the door for other communities to adopt similar bans that will, decades from now, eventually bar all future generations from buying tobacco.
Donald Trump’s newly installed leadership team at the Republican National Committee on Monday began the process of pushing out dozens of officials, according to two people close to the Trump campaign and the RNC. All told, the expectation is that more than 60 RNC staffers who work across the political, communications and data departments will be let go. Those being asked to resign include five members of the senior staff, though the names were not made public. Additionally, some vendor contracts are expected to be cut. In a letter to some political and data staff, Sean Cairncross, the RNC’s new chief operating officer,
Fifty-seven percent of Democrat voters would oppose Congress certifying the 2024 election if former President Donald Trump wins, a Rasmussen Reports poll found Monday.
The poll asked likely voters: “Some Democrats in Congress have said that if Trump wins this year’s election, they will vote against certifying the election results because of Trump’s role in the January 6, 2021, Capitol riots. Do you support or oppose Democrats refusing to certify the election results if Trump wins?”
57 percent of Democrats would oppose certification.
Nearly two-thirds of “liberals” said they would oppose certification.