KOMMONSENTSJANE – IF GOD BE WITH US, WHO CAN BE AGAINST US.


IN GOD WE TRUST at last

kommonsentsjane's avatarkommonsentsjane

The answer to this is – THE DEMOCRATIC PARTY!  We have to work with President Trump and continue to DRAIN THE SWAMP.  The swamp is Obama and is shadow government.

February 27, 2017 7:36 PM
Trump’s Private devotional

“If God be with us, who can be against us?” This is really something to read and share with all our friends! This is really POWERFUL!!

TRUMP’S PRIVATE DEVOTIONAL

Great to have this transcript of the message. And it is happening!

Something happened on Inauguration Day that was not covered on TV. Robert Jeffress, the Senior Pastor of the First Baptist Church in downtown Dallas, gave a private sermon for the President Elect (at the time) and VP Elect Pence and their families in St. John’s Church first thing in the morning to set the tone for the day.

It was quite short, and you may not be interested, but in case…

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Who Is New DNC Chair Tom Perez?


Perez is nothing more than a typical progressive Marxist

Ouch. Bill Maher Mercilessly RIPS Into Mainstream Media For ‘Losing America’s Trust…’


If this is the best Bill Maher can do I think the Trump 45% Media 42% will soon be Trump 55% Media 32%

Feds grill NYC Mayor de Blasio for FOUR HOURS over whether he gave his donors special favors


De Blasio is a totally corrupt politician which mean he will be elected as many times as he wants to run.

LAWSUIT: OBAMA ROBBED PRIVATE INVESTORS TO FUND OBAMACARE


And now isn’t done yet as he tries to bring down Trump with his Organizing for Action (OFA) initiative.

US Economy Grew 1.9% In Q4, Unexpectedly Missing Expectations Despite Stronger Consumer Spending


Tyler Durden's picture

Following a series of better than expected GDP-feeding prints, consensus had expected Q4 GDP to tick higher in the first revision released today, rising from 1.9% to 2.1%. However, that did not happen and instead, the revised print came in unchanged at 1.9%. Notable underlying revisions include: an upward revision in consumer spending, both in services and goods; a downward revision to business investment, mostly in intellectual property products and equipment; and a downward revision to state and local government spending, primarily in structures.

Despite the headline miss, the revised data showed a solid rebound in Personal Consumption Expenditures, which rose 3.0%, higher than the 2.6% expected; furthermore, printing at 2.05% annualized, Consumption alone was higher than the overall GDP of 1.86%.

The reason for the miss was a decline in Fixed Investment which slid from 0.67% to 0.51% as initial CapEx reads appear to have been weaker than expected, coupled with a negative revision to both Private Inventories, down from 1.00% to 0.94% and the contribution from Government, which subtracted another 0.15% point.

 

Net trade remained flat, and was the biggest detractor from Q4 growth, taking away some 1.7% as the Q3 surge of exports to China was offset.

Of note: PCE prices failed to hit the expected 2.2% increase in the quarter, rising 1.9%, after increasing 1.5% in Q3, thus giving the Fed some more breathing room before hiking. Additionally, core PCE rose 1.2%, after rising 1.7% in the prior quarter, suggesting to Janet Yellen there is still some price slack, and the possibility of a rate hike may be more remote.

For the year 2016, real GDP increased 1.6% , compared with 2.6% in 2015. The increase in real GDP in 2016 reflected increases in consumer spending, residential investment, state and local government spending, exports, and federal government spending. These contributions were partly offset by declines in private inventory investment and business investment. Imports increased.

Q1 GDP At Risk As Trade Deficit Balloons Near 9 Year Highs


Tyler Durden's picture

On the heels of a disappointing revised Q4 GDP print, the US trade balance for January printed a $69.2 billion deficit. This is the second largest deficit since August 2008 (slightly smaller than the March 2015 plunge) as the dollar surge has not helped.

The biggest driver the deficit increase was  4.8% MoM increase in Consumer Goods (notably Auto exports rose 9.3%)

The $69.2bn deficit is considerably worse than the $66.0 billion expectations, and is lower than the lowest analyst expectation.

Certainly not a good sign for Q1 GDP expectations.

As BofAML notes, combining trade data with inventories for January, this slices 0.2pp from Q1 GDP tracking, leaving us at 1.8% for the quarter.

The USD strength has not helped…

 

So time for another rate hike to reverse that recent drop in the USD and stymie the US economy even more via its trade d

Virtue-Signaling The Decline Of The Empire


Tyler Durden's picture

Via Charles Hugh-Smith of OfTwoMinds blog,

Virtue-signaling doesn’t signal virtue–it signals decline and collapse.

There are many reasons why Imperial Rome declined, but two primary causes that get relatively little attention are moral decay and soaring wealth inequality. The two are of course intimately connected: once the morals of the ruling Elites degrade, the status quo seeks to mask its self-serving rot behind high-minded “virtue-signaling” appeals to past glories and cost-free idealism.

Virtue signaling is defined as “the conspicuous expression of moral values by an individual done primarily with the intent of enhancing that person’s standing within a social group,” “the practice of publicly expressing opinions or sentiments intended to demonstrate one’s good character or the moral correctness of one’s position on a particular issue” and “Saying you love or hate something to show off what a virtuous person you are, instead of actually trying to fix the problem.” Yes, yes and yes.

“Virtue-signaling” expresses two other key characteristics of an empire in terminal decline: complacency and intellectual sclerosis.

Michael Grant described these manifestations of decline in his excellent account The Fall of the Roman Empire, a short book I have been recommending since 2009:

There was no room at all, in these ways of thinking, for the novel, apocalyptic situation which had now arisen, a situation which needed solutions as radical as itself. (The Status Quo) attitude is a complacent acceptance of things as they are, without a single new idea.

This acceptance was accompanied by greatly excessive optimism about the present and future. Even when the end was only sixty years away, and the Empire was already crumbling fast, Rutilius continued to address the spirit of Rome with the same supreme assurance.

This blind adherence to the ideas of the past ranks high among the principal causes of the downfall of Rome. If you were sufficiently lulled by these traditional fictions, there was no call to take any practical first-aid measures at all.

What are those “resisting Trump” proposing as solutions to the profound structural ills afflicting the empire? Gender-neutral bathrooms? A continuation of a dysfunctional immigration policy? Blaming Russia to mask the catastrophic failure of the past 25 years of neocon imperial over-reach? Cost-free “virtue-signaling” proclamations in support of diversity? “Safe places” on college campuses paid for by student loans crushing a vast indentured class of debt-serfs?

These status quo policies and cost-free diversions are the acme of a profound complacency and intellectual sclerosis that serve to defend a self-serving, morally corrupt political and financial elite.

Virtue-signaling pronouncements lack any recognition of the moral, political, social and financial crises facing the American empire, and are devoid of any practical, politically/financially painful first-aid measures to staunch the decline.

Glenn Stehle, commenting on 9/16/15 on a thread in the excellent website peakoilbarrel.com (operated by the estimable Ron Patterson) made a number of excellent points that I am taking the liberty of excerpting: (with thanks to correspondent Paul S.)

The set of values developed by the early Romans called mos maiorum, Peter Turchin explains in War and Peace and War: The Rise and Fall of Empires, was gradually replaced by one of personal greed and pursuit of self-interest.

“Probably the most important value was virtus (virtue), which derived from the word vir (man) and embodied all the qualities of a true man as a member of society,” explains Turchin.

“Virtus included the ability to distinguish between good and evil and to act in ways that promoted good, and especially the common good. Unlike Greeks, Romans did not stress individual prowess, as exhibited by Homeric heroes or Olympic champions. The ideal of hero was one whose courage, wisdom, and self-sacrifice saved his country in time of peril,” Turchin adds.

And as Turchin goes on to explain:

“Unlike the selfish elites of the later periods, the aristocracy of the early Republic did not spare its blood or treasure in the service of the common interest. When 50,000 Romans, a staggering one fifth of Rome’s total manpower, perished in the battle of Cannae, as mentioned previously, the senate lost almost one third of its membership. This suggests that the senatorial aristocracy was more likely to be killed in wars than the average citizen….

The wealthy classes were also the first to volunteer extra taxes when they were needed… A graduated scale was used in which the senators paid the most, followed by the knights, and then other citizens. In addition, officers and centurions (but not common soldiers!) served without pay, saving the state 20 percent of the legion’s payroll….

The richest 1 percent of the Romans during the early Republic was only 10 to 20 times as wealthy as an average Roman citizen.”

Now compare that to the situation in Late Antiquity when

“an average Roman noble of senatorial class had property valued in the neighborhood of 20,000 Roman pounds of gold. There was no “middle class” comparable to the small landholders of the third century B.C.; the huge majority of the population was made up of landless peasants working land that belonged to nobles. These peasants had hardly any property at all, but if we estimate it (very generously) at one tenth of a pound of gold, the wealth differential would be 200,000! Inequality grew both as a result of the rich getting richer (late imperial senators were 100 times wealthier than their Republican predecessors) and those of the middling wealth becoming poor.”

Do you see any similarities with the present-day realities depicted in these charts? A self-serving class of Technocrats and bureaucratic Nomenklatura have garnered all the gains, while the bottom 90% have lost ground in wages, wealth and financial security.

This Technocrat/Nomenklatura class controls both private and public powers (media, finance, trade, industry, governance and institutions) which serve its own interests.

 

What we have now is a self-serving “virtue-signaling” technocrat class that works for a self-serving political/financial elite that avoids the imperial burdens of military service and taxes while imposing what amounts to an economic military conscription on the working class. This Imperial elite sends these military conscripts around the globe to defend their Imperial interests.

Virtue-signaling doesn’t signal virtue–it signals decline and collapse. Just as in 5th century Rome–an empire careening toward collapse–those reaping the gains are complacently confident in their moral superiority while their hubris-soaked intellectual sclerosis blinds them to the systemic banquet of consequences that will soon choke their precious self-serving status quo.

Paul Joseph Watson EXPOSES Media, Sweden & Leftist Censorship


Trump Drains Swamp To Fund Defense