Ten Red Flags Warn of a Looming Recession
Posted By: Moritz55, 9/13/2023 1:19:53 AM
Economists have practically sounded the all-clear on a looming recession, but plenty of signs are still flashing red. Clearly, economists were wrong earlier this year when they forecast an economic contraction that has yet to manifest. Could they be wrong now? To be sure, economic growth, the labor market and consumer spending have proven unexpectedly resilient in the face of rising interest rates and elevated inflation. But there are still plenty of signs a recession might still be on its way. 1. An “uncertain outlook” from leading indicators Many mainstay economic indicators measure the past. So-called leading indicators reflect what likely lies ahead.
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Biden’s alias email predicament
3 replies
At the height of Watergate, then-President Richard Nixon boldly asserted that the American people had a right to know “whether or not their president is a crook.” The same is true today.
The question takes on added significance as accumulating evidence suggests that President Biden may have used the influence of the various governmental offices he has held over his long career to enrich himself, his family and his associates.
The people who are supposed to ask tough questions about such matters have been strangely silent on the latest disclosure about the underhanded way in which Mr. Biden communicated with his son Hunter about matters including Ukraine.
What Happened to the DeSantis Campaign?
8 replies
There was a time, shortly after the 2022 elections, when Ron DeSantis became, at least in the minds of people who back their predictions with money, the frontrunner for the 2024 Republican presidential nomination. Indeed, when 2023 started, DeSantis outpaced the combined field among bettors.
It was sensible. DeSantis won the 2018 Florida gubernatorial election in a very unfavorable environment for the GOP. On a disappointing night for Republicans (at least compared to expectations), DeSantis won his gubernatorial reelection bid by almost 20 points, smashing the previous Republican margin of victory in the state for that office. Not only that, but he’d done so
Donald Trump has attempted to take a harsh stance against COVID interventions during his 2024 presidential run, despite overseeing many of the protective measures enforced during the pandemic. The former president recently railed against news that institutions were reinstating mask mandates, pledging that if elected again next year he would "use every available authority to cut federal funding to any school, college, airline or public transportation system that imposes a mask mandate or a vaccine mandate."
However, political rival and Florida Governor Ron DeSantis recently attacked Trump over his record on COVID, claiming that Dr. Anthony Fauci had boasted how the former president had taken all his instructions during the pandemic.
Rep. Alexandria Ocasio-Cortez, D-N.Y., and other Democrats were loudly heckled Friday at a press conference in New York City regarding the migrant crisis there. The Democrats, who spoke outside the Roosevelt Hotel in Manhattan, which has become a relief center for asylum seekers, were drowned out by shouting protesters chanting, "Send them back!" and "Close the border!"
"Close the border! Close the border! Respect the constitution, AOC! I am your constituent!," a man was heard among the angry crowd, shouting into a megaphone.
Most Americans look forward to retirement, especially those who’ve enjoyed a successful career and built up a solid nest egg.
Take U.S. senators, for example. After years in the public eye and media crosshairs, you’d think they’d enjoy a well earned break.
Finally, they can kick up their Gucci loafers at one of their many vacation homes, lazily shuffle millions between tax shelters and enjoy beach time with their wealthy children – at least those who still talk to them. But that’s not the choice most politicos make. Instead, they keep a bony grip on their Senate desks, refusing to budge unless ejected by voters or the Grim Reaper.
Calls are growing for Democrats to find an alternative to President Biden before the next election. With the first primary contests a few months away, is it too late for them to find a viable replacement? The short answer is no, but time is running out.
Biden would either need to face a serious primary challenge now or decide to step down later. Either method would make history in the modern era. Pathway 1: The Democratic primary. Democrats already have a process in place to find a new candidate for the general election. That is the presidential primary. Democrat voters will head to the polls from January to June next year
House Speaker Kevin McCarthy set social media ablaze on Thursday after he pushed back against a reporter’s assertion that he launched an impeachment inquiry "without evidence.""AP reported that McCarthy's impeachment inquiry was launched ‘without evidence,’" GOP operative Arthur Schwartz posted on X, formerly known as Twitter, on Thursday. "Here’s McCarthy forcing an AP reporter to admit that there was lots of evidence to support an impeachment inquiry."
In the clip, AP reporter Farnoush Amiri asked McCarthy about fellow Republicans who have said that the investigation into President Biden has yet to show an impeachable offense at this point.
You don’t need to be a political genius to see that this Hunter Biden indictment is an obvious smokescreen for the White House and Democrats on Capitol Hill.
The three-part indictment is very simple and straightforward and could’ve been brought a long time ago… so why this week? Why does it come after a rough opening to September for Democrats, with horrible polls released concerning Joe Biden’s age and approval ratings — and particularly the same week that Republicans finally pulled the trigger on an impeachment inquiry?
First, it serves to muddy the waters. The counts in these indictments have nothing to do with what Republicans are doing
Which Side Are You On, DC?
4 replies
The Book of Deuteronomy instructs, “You shall not oppress a hired worker.” Apparently, no one told President Biden or the rest of the political-industrial complex. Last week, they united to stifle a potential strike by railway workers, the first one in years. It’s too costly for the economy, the DC types moaned, the workers are being unreasonable.
Hardly. The rail workers were merely asking for a handful of sick days, something the professional class regards as a matter of divine right. Half the House of Representatives still won’t show up for work for fear of even potentially falling ill.
House Speaker Kevin McCarthy made the right decision to launch a formal impeachment inquiry into President Joe Biden for what he called “serious and credible allegations into President Biden’s conduct,” which taken together paint a picture of a “culture of corruption” surrounding the president.
That’s correct as far as it goes, but it doesn’t go far enough. It won’t be enough simply to impeach Biden if GOP lawmakers don’t also go after the corrupt federal law enforcement agencies that have been hiding evidence against Biden, covering up his corruption, and obstructing investigations into the Biden family business. Indeed, the Justice Department and FBI’s involvement in all this is a much greater
What a desperately presumptuous act it is for the White House Counsel’s Office to blast out a memo ordering media organizations to apply the blowtorch to Republicans and defend President Biden in the impending House impeachment inquiry.
The marching orders went out Wednesday morning under a blaring headline: “MEMO TO EDITORIAL LEADERSHIP AT U.S. NEWS MEDIA ORGANIZATIONS.” Ian Sams, the grandly titled special assistant to the president and senior adviser and spokesman for the White House Counsel’s Office, declared: “It’s Time For The Media To Do More To Scrutinize House Republicans’ Demonstrably False Claims That They’re Basing Impeachment Stunt On.”
Talk about ungrateful
With the commencement of an impeachment inquiry this week, the House of Representatives is moving the Biden corruption scandal into the highest level of constitutional inquiry. After stonewalling by the Bidens and federal agencies investigating various allegations, the move for a House inquiry was expected if not inevitable.
An impeachment inquiry does not mean that an impeachment itself is inevitable. But it dramatically increases the chances of finally forcing answers to troubling questions of influence-peddling and corruption.
As expected, many House Democrats — who impeached Donald Trump after only one hearing in the House Judiciary Committee, based on his phone call to Ukraine’s president — oppose any such inquiry into President Biden.
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Former Vice President Mike Pence said he'd be open to having a female vice president- but wouldn't say if he'd dine with her alone.
Pence appeared at a town hall with Leland Vittert on NewsNation Wednesday and was asked about his much-talked-about deal the Republican struck with his wife Karen to never dine alone with another woman.
Vittert then asked if that same rule would apply with a woman vice president - as presidents and vice presidents often have official lunches as part of their schedule.
Every book published prior to 2008 has been removed from a public high school library in Canada to ensure that kids are not exposed to non-inclusivity. Yes, you read that correctly. Imagine the surprise of students at Erindale Secondary School in Mississauga, Ontario, when they entered the school's library last spring to discover...empty shelves. Staff told them, "If the shelves look emptier right now it's because we have to remove all books [published] prior to 2008."
Why? Because "The Peel District School Board works to ensure that the books available in our school libraries are culturally responsive, relevant, inclusive,
A rising Republican star tipped by many to be Donald Trump's running mate should he win the presidential nomination has been involved in a clandestine affair for years, multiple sources tell DailyMail.com.
Married South Dakota governor Kristi Noem, 51 – who stresses her belief in 'family values' – and Trump advisor Corey Lewandowski, who is also married, began carrying on in 2019, if not before.
Now news of the relationship threatens to wreck Noem's chances of joining Trump's ticket in a potential rematch with President Joe Biden.
On Thursday’s broadcast of CNN’s “The Lead,” Ford President and CEO Jim Farley stated that he’s not opposed to giving workers pay increases, “But if it prevents us from investing in this transition to EVs and in future products like the ones we have now like a new F-150,” they won’t do that because they’ll go bankrupt.
While discussing the pay raises demanded by the UAW in negotiations and pay raises for CEOs, Farley said that they have offered pay raises and are open to big pay increases, but the 40% that the UAW is asking for is too much and would put the company out of
A distressing new crime trend known as 'flash rob mobs' is on the rise and likely to cost California a whopping $19billion a year, guidance from the LAPD warns.
The incidents have become increasingly frequent in soft-on-crime California, where detectives in the state's largest police force are now assembling designated teams to tackle the problem.
The groups have been pillaging stores including Nordstrom and Versace. In response to the recent spate, officials at the Los Angeles Police Department have formed a taskforce, named the the Organized Retail Crime Taskforce (ORCT).
Chicago Mayor Brandon Johnson (D) is looking into opening taxpayer-funded, city-owned grocery stores in areas in which businesses have pulled out due to rampant crime.
Johnson announced a partnership with the Economic Security Project to look into the possibility of opening city-owned grocery stores. The first step in the partnership will be to perform a feasibility study, but the city did not provide a timeline, the Chicago Tribune reported.
Johnson claimed his administration is “committed to advancing innovative, whole-of-government approaches to address these inequities.”
Eric Molitor cried in court today after the verdict was read.
Twin brothers William and Michael Null, along with Eric Molitor, were acquitted on Friday by an Antrim County, Michigan, jury on charges of providing material support for a terrorist act and illegally possessing firearms. The three men faced up to 20 years in prison for their alleged crimes.The entire plot was hatched, planned, paid for, and executed by paid FBI informants.
Dove faces growing boycott over partnership
with morbidly obese BLM activist and hate hoaxer 27 replies
with morbidly obese BLM activist and hate hoaxer 27 replies
Beauty products giant Dove is facing calls for a boycott after it partnered with a morbidly obese Black Lives Matter activist and hate hoaxer who wrecked a white University of Virginia student’s life over a “racist” comment that she later acknowledged was “misheard” in the latest example of a major corporate brand that has been burned by wokeness.
Apparently, the geniuses in Dove’s marketing department were unaware of the backlash that cost Bud Light and Target billions of dollars in market value earlier this year when they rolled out Zyahna Bryant for a “fat liberation” campaign despite her history of making false racial accusations.
White House press secretary Karine Jean-Pierre said that '80 is the new 40' when asked during Friday's briefing about how President Joe Biden, 80, plans to address concerns about his advanced age as he runs for reelection.
A late August AP-NORC poll found that 77 percent of Americans believe Biden is too old to be effective for four more years - with 69 percent of Democrats agreeing.
A Wall Street Journal poll from earlier this month had similar findings, with 73 percent of voters saying Biden is too old to run again, including two-thirds of Democrats.
Biden Drops New Origin Story, Tells Rabbis
on High Holy Days Call About Being 'Raised'
in Synagogues 22 replies
on High Holy Days Call About Being 'Raised'
in Synagogues 22 replies
At this point, the people in power behind the scenes at the White House have to be pulling their hair out over this question: How do you solve a problem like Joe Biden?
As I wrote on Thursday, among the bad things he said were weird comments about Gov. Wes Moore's biceps and a racist comment about "African Americans, Hispanic workers, and veterans" as "you know, the workers without high school diplomas."
He also just can't stop making things up and telling bizarre falsehoods. People trying to be charitable sometimes refer to these fantasies as trying to relate to their audience. But when you are falsely stealing an aspect
Is Joe preparing to run his wife for 2024?
21 replies
Wednesday's Cabinet meeting was most interesting. After a minute of introduction, President Biden turned the meeting over to his wife Jill, who continued to run it. This allows us a glimpse into the Democrat presidential strategy for 2024: run Jill Biden.
In order for Jill to win the Democrat nomination for president, she needs to do several important things:
1. Box out Kamala Harris, Michelle Obama, and Gavin Newsom.
2. Maintain DNC support for Joe.
3. Keep Democrat contributors in line.
4. Do more and more of the president's job now.
In yet another example of how crazy this news week has been, we learned Tuesday that Rep. Lauren Boebert (R-Colo.) and her companion were confronted by ushers and escorted out of a Denver theater Sunday over multiple complaints that they were taking photos, vaping and “causing a disturbance” during a "Beetlejuice" show.
To quickly recap, according to reports, Boebert allegedly refused to leave at first and told theater employees when they threatened to involve the Denver PD to go and get them.
An incident report noted that Boebert also allegedly tried a power play on the ushers after she and the unidentified man left their seats