After spending the day in south Florida (Miami), southwest Florida (Fort Myers), and then central Florida (Ocala), President Trump heads to Macon Georgia for a campaign rally to finish off the day. Anticipated start time 7:00pm EDT [Livestream links below]
Former Toys ‘R’ Us Chairman and CEO and Storch Advisors CEO Gerald Storch, appears on Fox Business to discuss today’s remarkable retail sales data. Storch rightly notes the September year-over-year spending was a whopping 8 percent on durable goods.
This outcome foretells good news for the holiday shopping season… except, as I noted, there is a slight issue. None of the current on-hand inventories are enough to fulfill demand for a big holiday shopping season. Hence, my advice – buy early, buy now.
The September retail sales show it’s a super-V recovery folks. According to Census Retail data released today [LINK HERE] – [PDF HERE] September retail sales jumped 1.9 percent, that result is triple what forecasters and economists had projected. However, the data is even better. Need more winnamins !
A September 2020 comparison to September 2019 shows last month’s retail sales jumped a whopping 5.4 percent year-over-year. That means last month saw consumer spending 5.4% higher than consumer spending before COVID-19 hit the U.S. economy. Keep in mind two-thirds of U.S. GDP is driven by retail sales and consumer spending.
Reuters is absolutely apoplectic with disappointment because their forecasters were only looking for 0.7 percent growth, and the 1.9 percent result is almost triple their expectations. Despite missing the forecast, Reuters doubles-down on a “dark cloud” narrative and sells a doomsayer message because the globalists/multinationals are sad.
(Reuters) […] Retail sales jumped 1.9% last month as consumers bought motor vehicles and clothing, dined out and splashed out on hobbies. That followed an unrevised 0.6% increase in August.
Economists polled by Reuters had forecast retail sales would rise 0.7% in September.
[…] Retail sales have bounced back above their February level, with the pandemic boosting demand for goods that complement life at home, including furniture and electronics. An aversion to public transportation has boosted motor vehicle purchases. Retail sales rose 5.4% on a year-on-year basis in September. (link)
Go read the Reuters analysis and you’ll see they are doomsaying, under the auspices that more stimulus spending is needed or the economy will collapse. Nonsense. The data is the data… and the data tells a stunningly good story that totally aligns with what I have witnessed in all of my recent travels.
Yes, some more very narrowly targeted and specifically tailored recovery spending is wise and appropriate; but a massive spending package is not needed unless we are talking about the politics of it. Politically putting money in the hands of workers/consumers is a good move…. but our economic position is not contingent upon it. The economic engine has restarted and is firing strong; more government spending is pure nitrous now.
(Via Associated Press) […] “We’re optimistic about the prospects for a strong holiday season, as people want something to look forward to and bring joy to their lives,” Shay said. “While it’s been a challenging year for everyone, there’s been an enormous amount of innovation within the retail industry and retailers have demonstrated that we can keep the economy open and operating safely.”
“Retail sales are continuing to build on the momentum we’ve seen through the summer and have been boosted by an improving labor market, a rebound in consumer confidence and elevated savings,” NRF Chief Economist Jack Kleinhenz said. “A significant number of people remain unemployed, but more are going back to work and that makes them confident about spending.
September retail sales reflect the support of government measures and elevated savings that is being spent now that consumers are shopping again. With less spending on personal services such as travel and entertainment outside the home, some of that money is shifting to retail cash registers. All in all, these numbers and other economic data show the nation’s economy remains on its recovery path.” (more)
As many of you know I have been traveling extensively throughout the country as I continue to brief groups on background DC, DOJ and FBI information from my years of research. During these travels I make a point to visit sector-specific businesses to inquire about their economic and business growth status.
The disconnect amid a ground reality compared to business reporting and financial media is actually stunning. However, perhaps that is because my physical ‘on-the-ground’ inquires and reports are ahead of the natural lag in the economic data rolling up to the accounting level. Here’s what I can tell you with absolute certainty.
The amount of heavy equipment, industrial equipment, hardware and goods being moved around the country is more than I have ever witnessed or seen in decades of travel. The mid-west, mid-atlantic, southeast, and more specifically the south in general, has more haulers and semi-trucks on the road than I have ever witnessed…. ever…. by a substantial margin. The same is true for rail freight and cargo vessels.
Regardless of what financial pundits and economic media might be saying, the underlying economic activity in the U.S. right now is explosive and moving at a much more rapid pace than before the COVID crisis. Regionally, business owners and operators all report the same thing, and the same need for a larger workforce. All of them are hiring; however, some sector specifics and regional specifics are much more intense.
So here’s my final data-driven tip and prediction for you this year. Do not share it with anyone except your closest family and friends:
#1 – There will be a severe shortage of holiday gift items for purchasing this holiday season; a severe shortage. Make your list of presents now; and go buy them as soon as possible. Trust me on this… stuff will be scarce and you will not be able to find in mid-late November and/or December. Demand will be off-the-charts.
#2 – There will be a severe shortage of staple food items for holiday meal cooking. If you do cooking or baking for your family this year, buy your shelf-stable items early. Purchase your ingredients and shelf-stable food and beverage items early.
Wait for the fresh product purchases as normal, those are unaffected. However, the side items and shelf-stable food products (flour, sugars, dry spices, condiments, dried fruits etc.) will be in very limited supply.
In all consumer purchase sectors existing inventories are already too low to support the normal holiday demand..
Purchase early and avoid the panic. You will be a hero for your family.
The third quarter (July, Aug, Sept) GDP figures, which will be released on the last Friday in this month, are going to be record-breaking.
I do not blame a single voter for tuning out this type of political messaging… At this point the people defined as “patriots” sound like Charlie Brown’s teacher echoing in a forest. There is a simple issue that everyone, including Ric Grenell, avoid because they worry about their own financial interests and ongoing image.
That issue is an admission that *CURRENT* cabinet members, *CURRENT* officials, *Current* republicans in congress, and *CURRENT* inspectors’ general, are participants in the attempted overthrow of the United States office of the presidency.
Unless and until that reality is admitted, all these words are barking at trees
The office of the president is trapped on the roof. The firefighters set the blaze. The firefighters are the arsonists. The municipal fire hydrants are filled with gasoline.
There are no “honorable rank-and-file” in/around Washington DC. There are no DC interests, including conservatives within the DC media apparatus, willing to participate in the disassembly of the institutional DC system of politics. That system is their livelihood.
Understanding the ordinary process of declassifying documents is a request and authorization to the executive officers and stakeholders of classified information; and understanding the current authorization is is not ordinary because the intelligence community stakeholders are adverse to the interests of the office of the president; here is a process to cut through the chaff and countermeasures.
The background here is that any unilateral declassification request, demand or authorization by President Trump puts him opposition to a variety of corrupt interests.
As a direct result the executive office of the president will be facing legal action, likely from unified democrats and republicans in the legislative branch. With that accepted, here is the most strategic approach.
In anticipation of litigation:
President Trump informs the Office of the Director of National Intelligence, John Ratcliffe, that he wishes to have a full intelligence briefing on the following documents (more may be added), all documents are to be presented without a single redaction:
All versions of the Carter Page FISA applications (DOJ) (FBI) (ODNI).
All of the Bruce Ohr 302’s filled out by the FBI. (FBI) (ODNI)
All of Bruce Ohr’s emails (FBI) (DOJ) (CIA) (ODNI)
All relevant documents pertaining to the supportive material within the FISA application. (FBI) (DOJ-NSD ) (DoS) (CIA) (DNI) (NSA) (ODNI);
All supportive documents and material provided by Bruce Ohr to the FBI. (FBI)
All intelligence documents that were presented to the Gang of Eight in 2016 that pertain to the FISA application used against U.S. person Carter Page; including all intelligence documents that may not have been presented to the FISA Court. (CIA) (FBI) (DOJ) (ODNI) (DoS) (NSA)
All unredacted text messages and email content between Lisa Page and Peter Strzok on all devices. (FBI) (DOJ) (DOJ-NSD) (ODNI)
The originating CIA “EC” or two-page electronic communication from former FBI Agent Peter Strzok: and all communication between former CIA Director John Brennan and FBI Director James Comey that started Operation Crossfire Hurricane in July 2016. (CIA) (FBI) (ODNI)
The full and unredacted April 2017 FISA court 99-page opinion written by Presiding Judge Rosemary Collyer outlining the compliance audit conducted by the NSA in 2016. (NSA) (ODNI) (DOJ) (FBI) (DOJ-NSD)
The President selects a date for this briefing and through direct orders to his chief of staff, Mark Meadows, informs the Office of the Director of National Intelligence, John Ratcliffe, to advise and coordinate with all executive branch lead intelligence officials, who were/are stakeholders in the compartmented intelligence products as described above, of their request be present for the briefing.
The White House counsel’s office is not to be informed of the intent or purpose of the meeting; however the Presidents’ White House counsel is requested to attend. Further, all of the compartmented intelligence is to be collectively assembled by the ODNI (Ratcliffe) into one volume of a singular Presidential Daily Briefing (PDB). There are to be eighteen printed copies of the PDB assembled and secured for the briefing, post haste.
Additionally, the office of the president personally informs the ODNI (Ratcliffe) of the executives’ request to invite for the briefing each member of the legislative branch Intelligence Community oversight known as the Gang-of-Eight.
Immediately after the briefing by the executive level (cabinet) department officials, while remaining in a closed and classified session, the full and comprehensive content of this collective intelligence product will be discussed with the full assembly of the U.S. Legislative Branch Intelligence Oversight known as the Gang of Eight.
Therefore, National Security Advisor Robert O’Brien is instructed to coordinate with the ODNI (Ratcliffe) for the attendance of the Gang of Eight: Speaker Nancy Pelosi, Minority leader Kevin McCarthy, HPSCI Chairman Adam Schiff, HPSCI Ranking Member Devin Nunes, Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, SSCI Chairman Richard Burr and SSCI Vice-Chair Mark Warner. [Topic “TBD”]
In order to facilitate the briefing. Each member of the participating group will be provided with one full printed copy of the material assembled by the ODNI during the briefing.
[Each of the participants carries the prerequisite clearances, legal and constitutional authority to engage with the classified document according to their position and status. Only the executive can assemble the product for Go8 review and feedback]
At the conclusion of the briefing; and after hearing from, and engagement with, each of the participating members of the executive intelligence offices and duly authorized legislative oversight representatives; and after listening to their opinion as to the subject material discussed; the president announces to the fully assembled leadership of both the Executive branch (cabinet) and Legislative branch (Go8), it is his opinion the National Interests of the United States can best be served with the American people having a full, transparent and honest review of the material assembled and discussed.
The President, no-one else, only the President, then collects the printed portfolios as they were distributed to the participants, exits the briefing, and walks directly into the James Brady press briefing room within the White House; handing each of the awaiting twelve members of the national media a copy of the briefing material to be published on behalf of the American people.
At exactly the same time as President Trump enters the briefing room, one copy of the assembled portfolio is hand delivered, by President Trump only, to White House communications director Alyssa Farah with instructions to scan and release the content to the public through the White House website.
… “How does the office of a U.S. president; and more importantly the republic itself; survive a coordinated coup effort involving all three branches of government; while simultaneously those in charge of exposing the corruption fear the scale is too damaging for them to reveal?”…
It survives through the strength of the leader of the Republic to reveal it.
Trump promised to give the therapeutic Regeneron to Americans who come down with the Chinese COVID-19, and it’s all gonna be free.
Regeneron has created an amassing recovery for the president and he wants the CDC to create an Emergency Use directive to make it available to all with the virus. This dug is made from the plasma of volunteers and Trump has volunteered is Blood Plasma to the company. This is going to make it very difficult for Democrats to take the drug as there might be some of Trumps antibodies in it. So would a progressive, a Democrat, a never Trumper or any other person that hates Trump take this Drug?
So what would you do if you had the virus and Trumps blood might save your life?
Hurricane Delta posed a particularly dangerous threat to Louisiana as much of the exact same area was previously hit by Hurricane Laura just six weeks ago. With massive amounts of debris from Laura still in the cleanup process Hurricane Delta was poised to deliver a troubling double-whammy. However, that said, first responders and state officials are saying there were no fatalities from Delta – Prayers Answered.
[Via ABC] Hurricane Delta, now a tropical depression, made landfall near Creole, Louisiana, on Friday evening, with nearly 11 million people in the storm’s path. More than 600,000 power outages were reported across Texas, Louisiana and Mississippi early Saturday afternoon as the storm’s remnants moved further inland.
Delta is now expected to move across western and northern Mississippi before heading into the Tennessee Valley tonight and Sunday. (more)
Material stuff can be replaced, people cannot. Now the incredible heroes from across the United States will move in to begin restoring power. Massive numbers of power crews are working to rebuild the grid; tens of thousands of tons of debris being removed. [Much of what is now called “debris” represents the cherished belongings of thousands of lives.]
Now it’s time to try and restore some sense of normalcy for those who have been impacted, and commit to a long-term rebuilding process. Stay strong. Thousands have staged. Help is on the way…
“It was quite a night,” Lake Charles resident Don Dixon said as he cleaned up branches and assessed his home in the Louisiana city. Dixon worried as the rain poured and the wind howled, but the damage was not as bad as he had feared.
“All in all, we got punched in the face, but we’re getting back up,” Dixon said.
Anther resident, Caleb Cormier, drove around all morning, and said most of the damage he’d seen was debris on the roads and one downed electrical line.
“It really is nowhere near the amount of damage that Hurricane Laura did, and I’m very grateful for that,” Cormier said as he cleared up tree branches and garbage from the street so it wouldn’t be a hazard for passing cars.
Still, damage reached far inland, with trees shorn of leaves and falling onto streets in Louisiana’s capital of Baton Rouge. Widespread power outages were also reported. LINK
A glorious melding of dirty fingernails all arriving for the recovery meet-up. Depending on your proximity to the bigger picture objectives at hand, you will cherish their arrival.
Recovery teams will begin a street-by-street review; everything needs to be evaluated prior to thinking about beginning to rebuild a grid. Your patience within this process is needed; heck, it ain’t like you’ve got a choice in the matter…. so just stay positive.
Meanwhile, you might walk outside and find yourself a stranger in your neighborhood.
It will all be cattywampus.
Trees gone, signs gone, crap everywhere, if you don’t need to travel, DON’T.
I mean CRAP e.v.e.r.y.w.h.e.r.e.
Stay away from power-lines.
Try to stay within your immediate neighborhood for the first 36-48 hours. Keep the roadways and main arteries clear for recovery workers, power companies and fuel trucks.
Remember, when it is safe to drive, every single intersection must be treated like a four-way stop…. and YOU ARE GOING TO HAVE TO PAY ATTENTION. Even the major intersections.
You’ll need to override your brain tendency to use memory in transit. You’ll need to pay close attention and watch for those who ain’t paying close attention. Travel sparingly, it’s just safer.
Stage one recovery focuses on major arteries… then secondary… then neighborhood etc. It’s a process. Oh, and don’t get mad if your fancy mailbox is ploughed-over by a focused front end loader who is on a priority mission to clear a path. Just deal with it. Those same front-end loaders will also be removing feet of sand from coastal roads. Don’t go sightseeing… stay in your neighborhood.
For the first 36-48 hours, please try to stay close to home, in your neighborhood. Another reason to stay close to home is the sketchy people who can sometimes surface, looters etc. Staying close to home and having contact with your neighbors is just reasonable and safer.
Phase-1 recovery is necessarily, well, scruffy…. we’re just moving and managing the mess; not trying to clean it up yet. It’ll be ok. There are going to be roofing nails everywhere, and you will likely get multiple flat tires in the weeks after the hurricane.
If you are on the road and there’s a convoy of utility trucks on the road, pull over. Treat power trucks and tanker trucks like ambulances and emergency vehicles. Pull over, give them a clear road and let them pass.
When everyone gets to work, if you see a line-man, pole-digger or crew say thanks. Just simple “thanks”. Wave at them and give them a thumbs-up. No need to get unnecessarily familiar, a simple: “thank you for your help” will suffice. You know, ordinary people skills.
Many of these smaller crews will be sleeping in cots, or in their trucks while they are working never-ending shifts. Some will be staging at evacuation shelters, likely schools and such. Once you eventually start getting power back, if you see a crew in a restaurant, same thing applies… “thanks guys”.
Same goes for the tanker truckers. The convenience stores with gas pumps are part of the priority network. Those will get power before other locales without power. Fuel outlets are a priority. Fuel is the lifeblood of recovery. Hospitals, first responders, emergency facilities, fuel outlets, then comes commercial and residential.
Pray together and be strong together. It might sound goofy to some, but don’t be bashful about being openly thankful in prayer.
It will be ok.
It might be a massive pain in the a**, but in the end, it’ll be ok.
Nancy Pelosi hates President Trump. Pelosi is a Deep State Swamp creature, cornered and desperate to survive. She will say anything and do anything to remove Trump as president and stop the election. No matter what she and her fellow DC swamp critters do..nothing will stop what is coming.
We don’t even have to talk about the slow movement of Barr and Durham anymore.
The people are awake.
And boy, they are pissed off.
They want justice and not slap on the wrist justice. The American people want real justice with perp walks, Nuremberg style trials and maybe even a public hanging or two.
Pelosi, with her $25,000 ice cream freezers, maskless salon visits, and wineries, thinks she is above the law. Nancy looks down on the little people and thumbs her nose at anyone who disagrees with her.
The American people have had enough.
Now she plans on pulling another “arrow” from her “quiver”. Pelosi plans on forming a commission to give Congress the power to remove President Trump from office by invoking the 25th amendment of the U.S.Constitution.
This is nothing new, Pelosi and her minions have been talking about the 25th amendment to remove Trump for years. But not, with time running out before the November election and everyday looking more and more like a Trump landslide, the swamp is ready to try their “hail Mary” in order to stop Trump’s victory.
Pelosi’s last attempt was when she lead the U.S. house in impeaching President Trump. Trump was then acquitted in the Senate trial. Now Pelosi is out of time with only 24 days left to the election.
Crazy Nancy is claiming Trump is in an “altered state”using this baseless claim to justify the use of the 25th amendment to remove the President.
Sorry Nancy, the only one in an “altered state” is you...”The Slurer of the House”.