Chinese Tariff on US Auto Imports Now 15%
Chinese tariff on US auto imports now 15%, down from 40% currently, after China agreed to lower it … Big Win.
US Drill Rigs Running Slipped Last Week
The number of drill rigs running in the US slipped by one last week, to 1,075. Led by Oklahoma, down by. Three. Canadian drilling declined by 13 rigs, to 186.
NFIB Small Business Optimism Index Fell in November
The National Federation of Independent Business (NFIB) Small Business Optimism Index fell in November, marking the third consecutive monthly decline. The stock market sell-off is likely weighing on business owners’ minds. Wells Fargo
US Raw Steel Production Dropped Last Week
US raw steel production dropped 0.8% last week as mills operated at an ACUR of 80%. In the corresponding week last year mills operated at an ACUR of 71.9%. Thus far this year mills have produced prox89,000,000 tons compared to the prox 84,000,000 tons produced in the like period last year.
I have inserted the paragraphs below because I will be travelling next week. I am a little early for my Christmas posting but please enjoy it anyway, the following week as well will not hurt
IN HOC ANNO DOMINI
When Saul of Tarsus set out on his journey to Damascus the whole of the known world lay in bondage. There was one state, and it was Rome. There was one master for it all, and he was Tiberius Caesar.
Everywhere there was civil order, for the arm of the Roman law was long. Everywhere there was stability, in government and in society, for the centurions saw that it was so.
But everywhere there was something else too. There was oppression-for those who were not the friends of Tiberius Caesar. There was the tax gatherer to take the grain from the fields and the flas from the spindle to feed the legions or to fill the hungry treasury from which divine Caesar gave largess to the people. There was the impressor to find recruits for the circuses. There were executioners to quiet those whom the Emperor proscribed. What was a man for but to serve Caesar?
There was the persecution of men who dared think differently, who heard strange voices or read strange manuscripts. There was enslavement of men whose tribes came not from Rome, disdain for those who did not have the familiar visage. And most of all, there was everywhere a contempt for human life. What, to the strong, was one man more or less in a crowded world?
Then, of a sudden, there was a light in the world, and a man from Galilee saying, Render unto Caesar the things which are Caesar’s and unto God, the things that are God’s.
And the voice from Galilee, which would defy Caesar, offered a new Kingdom in which each man could walk upright and bow to none but his God. Inasmuch as ye have done it unto one of the least of my brethren, ye have done it unto me. And he sent this gospel of the Kingdom of Man unto the uttermost ends of the earth.
So the light came into the world and the men who lived in darkness were afraid, and they tried to lower a curtain so that man would still believe salvation lay with the leaders.
But it came to pass for a while in divers places that the truth did set man free, although the men of darkness were offended and they tried to put out the light. The voice said, Haste ye. Walk while you have the light, lest darkness come upon you, for he that walketh in darkness knowest not whither he goest.
Along the road to Damascus the light shone brightly. But afterward, Paul of Tarsus, too, was sore afraid. He feared that other Caesars, other prophets, might one day persuade men that man was nothing save a servant unto them, that men might yield up their birthright from God for pottage and walk no more in freedom.
Then might it come to pass that darkness would settle again over the lands and there would be burning of books and men would think only of what they should eat and what they should wear, and would give heed only to new Caesars and false prophets. Then might it come to pass that men would not look upward to see even a winter’s star in the East, and once more, there would be no light at all in the darkness.
And so Paul, the apostle of the Son of Man, spoke to his brethren, the Galatians, the words he would have us remember afterward in each of the years of his Lord:
Stand fast therefore in the liberty wherewith Christ made us free and be not entangled again with the yoke of bondage.
This editorial was written in 1949 by the late Vermont Royster and has been published annually in the Wall Street Journal since that time. I reprint his each year at Christmas.
We wish you all a very Merry Christmas and a New Year filled with Peace, Good Health and Prosperity.
God Bless America
Infrastructure X (Keystone & Dakota pipelines) Regulation Reform XX 1 in 2 out
Individual Tax Reform XX Entitlement Reform
Business Tax Reform XX Education Reform X
Healthcare Reform Veterans Administration Reform X
Rebuild our Military X Trade Reform X
Secure our Borders (The Wall) XX Lead the world from the front XX
Help for the poor XX Drain the swamp X as we speak
Peace through unmatchable strength Support Israel X
Destroy ISIS XX Extreme Vetting XX
Conservative Supreme Court nominees XX American Jobs XX
I will track these campaign promises and will check them off as each is accomplished adding those I have missed as they become apparent. This is quite an agenda and will be difficult to achieve all in one term, but I believe the American people are behind him and know these things need to be done. Now, if he can get our legislators to support him instead of fighting him….
“MAKE AMERICA GREAT AGAIN”
Have a great weekend…. God bless America!
Buy American made products whenever you can, it’s good for you, good for your friends and neighbors and good for our country.
If you are hiring…try to hire a veteran…. they are loyal, disciplined, hardworking…and they deserve our support.
By the way, if you wish to comment on my rants or offer any other insights you may have, you are encouraged to email me.
TEDDY ROOSEVELT ON IMMIGRANTS IN AMERICA…1907
In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person’s becoming in every facet an American and nothing but an American. There can be no divided allegiance here. Any man who says he is an American, but something else also, isn’t an American at all. We have room for but one flag, the American flag…We have room for but one language here and that is the English language…and we have room for but one sole loyalty and that is a loyalty to the American people.”