Manufacturing Economic Activity Expanded for the Fifth Consecutive Month
According to the July 2016 Manufacturing ISM Report on Business, manufacturing economic activity expanded in July for the fifth consecutive month while the overall economy grew for the 86th consecutive month.
The July PMI registered 52.6 percent, a decrease 0f 0.6 percentage point from the June reading of 53.2 percent.”
Bradley J. Holcomb, CPSM, CPSD, Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee
This is all well and good…except for the fact that GDP growth came in at a miserable 1.2 percent in the 2nd quarter, averaging 1.00% for the year. This is and has been as close to recession (in manufacturing/heavy industry) as you can get without the numbers actually turning negative. Do we want or need 4 or 8 more years of the same bullshit…or worse? I think NOT.
The US Department of Commerce Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders for June 2016
- New orders for manufactured durable goods in June decreased 4.0 percent, down two consecutive months.
- Shipments of manufactured durable goods in June, up two of the last three months, increased 0.4 percent.
- Inventories of manufactured durable goods in June, down eleven of the last twelve months, decreased 0.2 percent.
According to the Wall Street Journal
US oil prices fell into bear-market territory on Monday, settling at $40.06 per barrel after dipping below $40, down 22% from the market’s June high.
From an opinion piece in the Monday WSJ by Peter Schweizer titled “The Clinton Foundation, State and Kremlin Connections” the first and last paragraphs:
Hillary Clinton touts her tenure as secretary of state as a time of hardheaded realism and “commercial diplomacy” that advanced American national and commercial interests. But her handling of a major technology transfer initiative at the heart of Washington’s effort to “reset” relations with Russia raises serious questions about her record. Far from enhancing American national interests, Mrs. Clinton’s efforts in this area may have substantially undermined US national security.”
Even if it could be proven that these tens of millions of dollars in Clinton Foundation donations by Skolkovo’s key partners played no role in the Clinton State Department’s missing or ignoring red flags about the Russian enterprise, the perception would still be problematic. (Neither the Clinton campaign nor the Clinton Foundation responded to requests for comment). What is known is that the State Department recruited and facilitated the commitment of billions of American dollars in the creation of a Russian “Silicon Valley” whose technological innovations include Russian hypersonic cruise missile engines, radar surveillance equipment, and vehicles capable of delivering airborne Russian troops.
A Russian reset indeed.”
Of the 28 US, European and Russian companies that participated in Skolkovo, 17 of them were Clinton Foundation donors or sponsored speeches by former president Bill Clinton. Quid pro quo?
The piece is worth reading as it outlines the dollars flowing to the Clinton’s coffers in what can only be their consistent efforts at “pay me for favors” in spite of the consequences to the United Sates and the American people. Sure, she should be president and Bill should have the run of the White House again. Give me a break. We have crooks and low lifes trying to take control of the country. We cannot let it happen.
Iran Cash Payment
The Obama administration secretly organized an airlift of $400 MILLION in CASH, bubble wrapped and loaded on pallets to Iran which coincided with the release in January of four Americans detained in Tehran, according to US and European officials and congressional staff briefed on the the operation AFTERWARD.
The money represents the 1st installment of a $1.7 BILLION settlement the Obama administration reached with Iran to resolve a decades old dispute over a failed arms deal signed just before the 1979 fall of Iran’s last monarch, Shah Pahlavi. Ransom?
How or why Mr. Obama continues to bend to the wishes of the world’s foremost sponsor of terror is beyond rational thought. Any normal American would tell them to go punt. Trump would…
Calling Out Endorsements
Tuesday, Obama urged the GOP to revoke their endorsements for Donald Trump saying he is “unfit to serve as president” and “why are you still endorsing him? What does it say about your party that this is your standard bearer?” Should we not pose the same questions to him and the liberals about Crooked Hillary?
This has been a terrible election cycle and it will get worse before it gets better. The issues have been defined:
- Our hugely enormous debt
- jobs and the economy
- smaller government
- immigration and secure borders
- care for our veterans
- a strong military
- fair trade deals (there is a marked difference between fair and free trade)
- terrorism and domestic security
- foreign policy
- tax code reform
- entitlement reform
- business regulation reform
I am sure I have missed a couple but those mentioned above are pretty important and successfully accomplishing 1,2 or all would be a huge step in the right direction. I implore our candidates to debate and present solutions to these issues. This high school bullshit will get nothing done to “make America great again”
2016 Presidential Candidates
Donald Trump may not be the best guy for the job, but he is the conservative choice. I happen to believe he is the right man at the right moment in time. Yes, he makes statements he should not but at least he is genuine about his feelings.
Hillary Clinton on the other hand, is not genuine and she received her nomination in an underhanded manner. She is known to be a liar and a self-serving crook. Her experience means doodley squat.
Research her record, what has she done but make herself and her cronies wealthy? Has the American experience improved or gotten worse Experience? How much did Obama have? He was a community organizer. What experience does that afford the presidency? NONE.
It’s just more political spin…it is not the truth and Americans need the truth to make informed decisions. It is not a good idea to let uninformed citizens make such important voting decisions-based on lies and innuendo.
Terrorists on Welfare
This is nice: Belgian financial investigators looking into recent terror plots have discovered a disturbing trend: some of the suspects were collecting welfare benefits (living off the hard work of others) until shortly before they carried out their attacks. (Do you think it is not happening here? I am fairly sure it is.)
At least five of the alleged plotters in the Paris and Brussels terror attacks partly financed themselves with payments from Belgium’s generous social welfare system.
“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.
Remember these tidbits as the election cycle grinds on:
- Fast & Furious-Americans killed by guns supplied to the drug cartels…by the Department of Justice-Eric Holder presiding. The president was clueless. No one held accountable
- Benghazi: Four Americans killed in an assault described as the result of a viral video. This was proved to be a false narrative. This was in fact, a planned act of terror. The president was clueless. No one even knows where he was as this went down. No one held accountable
- “At this point, what difference does it make?” Hillary Clinton as Secretary of State
- The IRS targeting of conservative groups and individuals. No one held accountable, Lois Lerner is on paid vacation and has refused to testify. The president was clueless. No one held accountable
- Hillary using a private server for correspondence during her term as Secretary of State against the orders of the president. She thought “it would be more convenient…” Though the records were due when she left office, they were not submitted, subpoenas were issued, which she ignored for two years. Finally, she released 30,000 of some 60,000 alleged emails then she deleted the rest of the emails and will NOT turn over the server for investigation.