THE THREE MONKEYS


THE THREE MONKEYS

By Tabitha Korol

 

Even when one American – who has done nothing wrong – is forced by fear to shut his mind and close his mouth, then all Americans are in peril.  – Harry Truman

Some years ago, when I visited family in Buenos Aires, I was taken to a country club, one that no doubt had been quite fashionable in its heyday, an era of more than a half-century before.  What I saw now were the remnants of elegance, broken tile floors and grounds that were surrendering to the incursion of weeds, signs of a government that was not of, by, or for the people.

I was introduced to Beatriz, one of a group sitting poolside who spoke enough English to complement my conversance in Spanish.   Her interests included theater, but she soon came around to expressing her disdain for America because we had the temerity to build the tallest Twin Towers of the World Trade Center to flaunt our wealth and we were therefore deserving of the 9/11 destruction!  I explained that America was not in the real estate business, that businesses constructed buildings high enough to accommodate more companies on an island that could not expand into the surrounding ocean – and does envy render pardonable the death of thousands?  I’d already known about and noted that Dubai held the dubious honor of having the world’s tallest building and I have since learned that America’s first skyscraper was the Home Insurance Building in Chicago in 1886.  A formidable ten stories high!  What an impudent undertaking!

She also disparaged America because she reads so much about our country in their local papers, but so little of her own.  I clarified our freedom of the press, that our journalists were free to report about anything to be read anywhere, whereas Argentina’s despotic regime undoubtedly controlled what was reported or withheld from the public.  Our chat soon dwindled, and we turned to join other conversations.  I suppose Beatriz would now be gleeful to learn that our socialist news sources also withhold the news, and actually craft their reports to suit their biased perspective.

We were born with a power of thought and speech, the ability to ideate and communicate to others, our equals under God and superior to other life forms.  Yet there is a powerful faction, a self-anointed, arrogant cabal of leftists, socialists, globalists, the sharia-compliant, and the United Nations – that has placed itself beyond criticism, determined to destroy our humanity.  In true totalitarian fashion, they had long been indoctrinating our vulnerable youth in schools, while the media brainwash the population at large, special forces (CAIR) influence our clergy, and shadow opponents work against our duly elected president.

With God removed from the classroom during the Obama years, and more recently from the oaths in Congress, the new, highest “Authority” fills the void, and the weak in faith and undereducated succumb to the new rulers.  The Authority now has the facility to take God-given life, before and after birth, and use any means and myths to threaten destruction and visit misery upon the masses.

Indoctrination is used to manipulate, make fearful, insinuate doubt and distrust of centuries-old truths, Biblical concepts of morality and basic human rights, science and logic.  Our history is dismissed as inaccurate and evil, our Constitution proclaimed unessential.  In fact, without amending the Constitution, the Authority has profoundly impacted the First Amendment with its control over the press/media and our freedom of speech.  Words have been expunged from our vocabulary through intimidation or their definitions twisted, so that “diversity” has led to more polarization, justice to “social justice,” liberty denounced for equality, and the FBI manuals purged of crucial information to disguise the threat of the lethal ideology of Islam.  The children are immersed in Islamic rituals, prayers, and anti-Zionist ethnic studies, learn nothing about the dangers of totalitarianism, and the public is bullied into silence.

I am reminded of an old set of carvings from my childhood – The Three Monkeys that Speak no evil, See no evil, and Hear no evil.  The guidance (hear not, listen not, and speak not what is contrary to propriety) is believed to have originated in China, c. 2nd to 4th century BCE, to express Confucius’s Code of Conduct, to keep evil from their lives.  It was used in the Japanese folk religion Koshin, and combined with Chinese Taoism and the Shinto influence by the Tendai-Buddhist monks in the late 10th century, and even served as a good luck amulet by British soldiers during World War I.

Now, The Three Monkeys have taken a sinister turn.

What was originally meant to teach self-control in order to keep the masses from being defiled by evil may now be understood quite differently.  Today’s Authority is using those same concepts to “protect” our society from the truth and exact control over those with whom they differ – the  “untermenschen,” who may be defined as Hitler’s “inferiors” or Hillary’s “deplorables.”  The Authority has intentionally created an environment of imbalance and fear.  Where students and the general population are intimidated into obeying the new rules, those who are not convinced of their virtues are usually too afraid to speak up.  Society is policing itself.

Students have been indoctrinated through Common Core and its social justice agenda (including LGBTQ dogma); Instructional material is under the complete control of Bill Gates/Microsoft and vendors; students and teachers are held accountable through repeated tests; a national database, including personal information, is maintained on all students and educators; and the students are dumbed down so that they cannot read well or develop their logical/analytical higher-reading skills, leaving them open to low-level reading materials saturated with leftist indoctrination.  (For more on this fiendish totalitarian ideology, please read Donna Garner.)

Our youth have been taught to hate all that America stands for, obsessing over increased bigotry and worsening racial divide, and terrified by unproven climate change.  Transformed into social warriors, the children work against their own rights granted by their Creator and reaffirmed in the Constitution of the United States.  Instead of increasing their knowledge base while also enjoying college life and campus camaraderie, there is increasing tribalism, enmity and distrust.  They are putting their faith in the frightening myths, a perfect method of distraction while the Authority continues to consume more control.

An egregious, unforgiveable assault on the youth is the psychological damage done by forcing them into sexual dysphoria, a psychological disorder treated as an endocrinological condition.  The prescribed drug used in the hormonal treatments has resulted in adverse reactions in 40,764 children and more than 6,000 deaths over 15 years, and an increased suicide rate. Boys are now being taught that their bodies can function as women’s bodies, leading to unimaginable psychological damage and the destruction of our male population, the strength of our workforce, our military, and fatherhood.

As they reach the age that in the past meant marrying and having a family, the young men are now severely maligned (called privileged, white male supremacists, etc.) and shamed, with some, as a consequence, joining groups of masked, militant fascists who cause damage to their own cities.  Young women are discouraged from marrying and having children and incited to undergo abortions.

Adults are now leaving conversations and auditoriums, seemingly afraid to hear an idea that conflicts with their preconceived mindsets; this is ideophobia.  The Authority has put into place every measure of control, a pernicious form of solitary confinement or full burqa.

This war has turned Americans against themselves.  Those who will not see, hear, or engage in political conversation are our neighbors, our friends, our family.  They will not discuss what is happening to our country, the destructive cost of the policies, the Islamic conquest in Africa and Europe, the increased antisemitism, the disappearance and capture of thousands of Christian girls in the UK for sexual slavery, the stabbings of innocents on the streets worldwide.  To avoid evil is to avoid helping the  already victimized, embolden the enemy, and increase our own vulnerability. The self-righteous are too eager to suggest that we are incapable of self-sustainment, but we must all be worthy of determining what is best for ourselves.

We who can still think and communicate are the great threat to the Authority.  If we join others who see no evil, hear no evil, and speak no evil, we will also not see, hear, and speak for good and what is best for us.  In that case, we will do nothing, and the Authority will reign supreme.

“America will never be destroyed from outside.  If we falter and lose our freedoms, it will be because we destroyed ourselves.  – Abraham Lincoln

 

Tabitha Korol

https://tinyurl.com/y7e6z63d

 

#OKBoomer: Gen Z Millennial Snowflakes Mock Elders Who Created This Mess


148K subscribers

Check out The Patriot Post: America’s News Digest http://bit.ly/31Q2vJ7 —– Memes and hashtags multiply with “OK Boomer” (or #OKBoomer), a sarcastic slap from Gen Z to mock their elders who created this mess — whether that’s climate change, wars, political division, economic hardship, lack of health care, and more. Bill Whittle thinks it’s funny…at first. #EpicRant warning. #OKSnowflake

Vote for a Socialist? 70% of Millennials Would, and Nearly a Third Approve of Communism


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Survey from YouGov says 70% of millennials would vote for a socialist and 30% have a favorable view of communism. Are you surprised? Or did you think the numbers would be higher? To explore the archive of Right Angle with Bill Whittle, Stephen Green and Scott Ott, visit https://BillWhittle.com

 

Trump Family Moves to Florida…


Tonight President Trump has announced via twitter that he and Melania Trump have moved their official legal residence from New York, NY, to Palm Beach, Florida:

A House Divided Cannot Stand


QUESTION: The Bible says a house divided will not stand. America is very divided more than I can remember in our history. Is there another time when this as happened in America. How will this play out?

S

ANSWER: The last time the country was this divided was the American Civil War. The problem this time is a confrontation between the right to be left alone and those who cannot sleep at night because they worry about what other people are doing. From a cyclical perspective, this is most likely going to erupt into violence, which may be extreme in 2024. That lines up with the presidential election that year. There will definitely be blood in the streets because the philosophies are not confined to a particular region. There are left and right political beliefs everywhere. So it may divide along the lines of the predominant philosophy such as the left in California. The probability that California will move to split could materialize in 2021/2024 especially if Trump were to be reelected.

We have a lot of tension rising from 2021 to 2024 overall. This will be very interesting to watch

President Trump Tweets Funny Meme About Hero Special Forces Canine – Media Lose Their Minds…


Earlier today President Trump tweeted a funny meme of the Hero canine from the Baghdadi raid getting a medal featuring a dog paw:

Cute and funny right?

Not so fast…

Unfortunately, highlighting the absolute jaw-dropping level of media nuttery, the White House reporters actually lost their minds about it; called the White House, demanded explanations, wrote articles about it not being real; and generally went bananas.

No, seriously; they did.  Look:

Steve Herman

@W7VOA

I’ve requested details from the @WhiteHouse on this photo.
There was no such canine event on today’s @POTUS schedule but there is a Medal of Honor ceremony set here for later today for an active duty Green Beret. https://twitter.com/realDonaldTrump/status/1189601417469841409 

Donald J. Trump

@realDonaldTrump

AMERICAN HERO!

View image on Twitter
14.3K people are talking about this

Mieke Eoyang

@MiekeEoyang

The President is disseminating fake news.

The President is sharing fake news about the nation’s highest valor award.

The President is sharing fake news replacing the photo of a Medal of Honor recipient with a dog. https://twitter.com/nytimes/status/1189638121186562049 

The New York Times

@nytimes

President Trump on Wednesday shared a photograph from 2017 altered to show him placing a medal around the neck of the dog injured in the raid that led to the death of Abu Bakr al-Baghdadi, the Islamic State’s leader.https://nyti.ms/2JB49be 

629 people are talking about this

The New York Times

@nytimes

President Trump on Wednesday shared a photograph from 2017 altered to show him placing a medal around the neck of the dog injured in the raid that led to the death of Abu Bakr al-Baghdadi, the Islamic State’s leader.https://nyti.ms/2JB49be 

Trump Tweets Faked Photo of Hero Dog Getting a Medal

The joke photo appeared to use an image from a 2017 Medal of Honor ceremony. The medal recipient was amused.

nytimes.com

6,196 people are talking about this

Jim Acosta

@Acosta

A WH official said “the dog is not at the WH.” https://twitter.com/realDonaldTrump/status/1189601417469841409 

Donald J. Trump

@realDonaldTrump

AMERICAN HERO!

View image on Twitter
16K people are talking about this

These journalists are nuts.

Moonbats.

All of them.

Good grief, everyone knew it was just a silly and cute picture about a hero canine who was wounded in the successful raid on Abu Bakr al-Baghdadi.   Everyone with a normal and stable-minded constitution that is.

Bizarre.

Doggo-gate or something similarly impeachable….  gottabe.

President Trump Presents Medal of Honor to Sgt. Matthew Williams – 5:00pm Livestream…


Today President Trump will be presenting Master Sergeant Matthew Williams with the Medal of Honor for leadership under fire in Afghanistan.  Anticipated start time 5:00pm EDT.  [Video and Transcript Added]

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[Transcript] THE PRESIDENT: Thank you very much, Chaplain. I appreciate that. Please, sit down.

Well, this afternoon, it’s my privilege to present our nation’s highest and most revered military distinction. It’s called the “Congressional Medal of Honor.” There’s nothing like it. Please join me in welcoming today’s extraordinary recipient, Master Sergeant Matthew Williams. (Applause.) Thank you very much.

We are delighted to have with us the Secretary of Defense, Mark Esper. Thank you, Mark. And great job to you and to everybody and General Milley for the incredible act you performed seven days ago with al-Baghdadi. He — he was hit hard, the way he should’ve been. And I just want to say, for all of our military: We’re very proud of you. That was something very special. The whole world is proud of you, frankly. So thank you very much. Thank you, Mark. Great job. (Applause.)

Also with us is Deputy Secretary of Veterans Affairs Jim Byrne — thank you — thank you, Jim; Secretary of the Army Ryan McCarthy — thank you; Chairman of the Joint Chiefs of Staff, General Mark Milley — thank you, General — great job, incredible job; Army Chief of Staff James McConville; and Sergeant Major of the Army Michael Grinston. Thank you very much. Thank you very much for being here.

Also thank you to some very special warriors — in a little different kind of war, maybe, but they are warriors: Senators John Cornyn, Ted Cruz, and Thom Tillis. Thank you very much, fellas. Thank you. (Applause.) Along with Representative Richard Hudson for being here. We have a few other great politicians here, but we won’t bother because we want to get on with this one. This is a very special thing. It’s such a great honor.

Joining Matt for this special ceremony is his wife Kate, his father Michael, his mother Janet, brother Cody, and his sister Amy. Please stand up. Please. Thank you. Great family. (Applause.) Each of you has strengthened our nation through your steadfast love and support. And we want to just thank you. You’re a very, very special family.

We’re also honored to be in the presence of eight previous Congressional Medal of Honor winners — recipients are here. And I thought maybe we should — what do you think? — we should introduce them. I think so, right? Huh? Come on, let’s do that.

William Swenson. William, thank you very much, William. (Applause.)

Ronald Shurer. Thank you. Thank you, Ronald. Thank you. (Applause.)

Walter Marm. Hi, Walter. (Applause.)

Robert Foley. Thank you, Robert. Thank you, Robert. (Applause.)

Brian Thacker. Thank you very much. (Applause.)

Florent Groberg. Thank you. Thank you, Florent. (Applause.)

David Bellavia. David. (Applause.) I heard you, maybe, are going to be running for office — but someday, I know, huh? I’ll tell you. Boy, I’ll tell you what: He has my vote. (Laughter.) You have a brave politician for a change, right? That’s great. Nice to see you, David. Thank you very much.

And Salvatore Giunta. Thank you, Salvatore. (Applause.) Thank you very much. Thank you.

Matt Williams grew up in the small town of Boerne, Texas — a very small town. He met Kate for the first time in elementary school. In college, he planned to pursue a career in law enforcement. But after 9/11, Matt decided his place was on the frontlines of the war on terror. He wanted to be the best of the best; he worked so hard at it. So, after graduation, he enlisted in the Army to become a Green Beret.

Matt finished his Special Forces training in August 2007 and deployed to Afghanistan by October. On April 6th, 2008, he joined dozens of American Special Forces and Afghan commandos on a mission to take down a terrorist leader in a remote mountain village. It sounded simple — not simple.

On that cold spring morning, the soldiers arrived in helicopters and jumped 10 feet from their Chinooks into the rocky and freezing terrain of Shok Valley.

When the first Americans reached the edge of the valley, at the base of a 100-foot mountain, a handful of Special Forces scouted ahead. The lead group was 60 feet up the slope when roughly 200 insurgents savagely attacked. And it was a big surprise — a very unwelcome surprise, I might add.

The terrorists filled the valley with a hail of bullets and explosions. Matt soon received word that the soldiers on the mountain were pinned down and suffering from mounting casualties. He organized the Afghan infantry under his command and he led a bold counterassault to stop the enemy advance.

As machinegun fire rained down from above, Matt and his fellow American soldiers, Scott Ford and Ronald Shurer, charged up the mountain. Once they reached their trapped comrades, Matt realized that several of them were too gravely wounded to be quickly evacuated. He ran down the mountain to get support and then climbed back up with bullets spraying all around. Not a good place to be.

Again and again, Matt exchanged fire with the enemy and rescued his fellow soldiers. He guided his injured team sergeant, Scott Ford, down the mountain to safety. When Matt noticed two combatants moving toward a group of the badly wounded, he immediately engaged the enemy fighters and killed them both.

But Matt was not done yet. In order to rejoin the battle on the mountain, he and Sergeant Seth Howard scaled a sheer cliff completely exposed to attack. Matt quickly reengaged the adversary and shielded the injured from falling rubble as American warplanes bombed insurgent positions above and rocked the mountain from top to bottom. He then helped evacuate the wounded down a very, very steep cliff.

As the terrorists continued to try to overrun their position, Matt raced back into battle. He fought for several more hours, valiantly protecting the wounded and putting his own life in great peril to save his comrades.

Matt’s incredible heroism helped ensure that not a single American soldier died in the Battle of Shok Valley. His ground commander later wrote: “I’ve never seen a troop so poised, focused, and capable during a… fight.” And Matt is without question and without reservation, “one of the bravest soldiers” and people “I have ever met.”

But Matt wants all Americans to know that he was not alone in his heroism that day. Joining us this afternoon are other heroes of Shok Valley. Please rise when I read your name: Lieutenant Colonel Kyle Walton. (Applause.) Thank you. Thank you. Master Sergeant Scott Ford. Thank you, Scott. (Applause.) And Luis Morales. Thank you very much. Thank you, Luis. (Applause.) Karl Wurzbach. Where is Karl? Thank you, Karl. (Applause.) Thank you. Sergeants First Class Seth Howard, Dave Sanders, John Walding, Dillon Behr, and Ryan Wallen. Thank you, fellas. (Applause.) Thank you, fellas.

And very importantly, as you know better than anyone, Afghan translators Bahroz Mohmand and Zia Ghafoori. (Applause.) How was that? Okay? Not bad? Good. He said it was okay. He said it was okay. Thank you both very much. Fantastic job. Fantastic job. Thank you.

I assume you all agree with this choice, right? Okay? Your last chance, eh? They all agree. Thank you very much. I agree, too. We all do.

Staff Sergeant Ronald Shurer was with us and privileged to be here. And we had a, not so long ago — a great ceremony with the Medal of Honor and that was really amazing that you both here are together.

To each and every one of you, I want to thank you and I want to thank the fearless defense and what you’ve done for our country. It’s incredible. Your valor, your bravery, your strength, your heart, your soul — it’s incredible. Incredible what you’ve done.

The Battle of Shok Valley is a testament to the overwhelming strength, lethal skill, and unstoppable might of the United States Army Special Forces and all of our military.

The enemy that really held a high ground, superior numbers, and an element of surprise — they had it all going; everything they’re not supposed to have, they had. But they had one major disadvantage: They were facing the toughest, strongest, and best-trained soldiers anywhere in the world. We showed that a few days ago. And these guys didn’t know what the hell hit them. (Laughter.) No adversary on Earth stands a chance against the American Green Berets.

A few years after that first perilous deployment, Matt married Kate. Did you make a good decision, Kate, in allowing this to happen, right? (Laughter.) Well, you definitely have a brave guy. I can’t speak for the rest. Okay? (Laughter.) He’s a brave guy and he’s a great guy, so good luck. That’s nice.

Today, they have a young son, Nolan, who will turn three next week. That’s beautiful. In the years to come, Nolan will learn that his father stands among the ranks of our nation’s greatest heroes.

For more than a decade, Matt has stared down our enemies, fought back the forces of terror, and exemplified the virtue and gallantry of the American warrior. He has completed five tours in Afghanistan, a deployment in Africa, and he continues to serve our country on active duty today. That’s something — to have Congressional Medal of Honor and be serving in active duty. It’s very rare.

Matt, we salute your unyielding service, your unbreakable resolve, and your untiring devotion to our great nation and the nation that we all love. Your spirit keeps our flag waving high, our families safe at home, and our hearts beating with American pride. On behalf of the entire nation — our great USA, our incredible United States of America — we are forever grateful for your life of service and your outstanding courage.

It’s now my privilege to present Master Sergeant Matthew Williams with the Congressional Medal of Honor. And I would like to ask the military aide to come forward and please read the citation. Thank you.

MILITARY AIDE: The President of the United States of America has awarded the Congressional Medal of Honor to Sergeant Matthew O. Williams, United States Army.

Sergeant Williams distinguished himself by acts of gallantry and intrepidity above and beyond the call of duty on April 6, 2008, while serving as a Weapons Sergeant, Special Forces Operational Detachment Alpha [DEL: 336 :DEL] [3336], Special Operations Task Force-33, in support of Operation Enduring Freedom.

Sergeant Williams’s actions are in keeping with the finest traditions of military service and reflect great credit upon himself, Combined Joint Special Operations Task Force-Afghanistan, Special Operations Command Central, and United States Army.

(The Medal of Honor is presented.) (Applause.)

END 5:33 P.M. EDT

WH Livestream Link – Fox News Livestream Link – Alternate Livestream Link

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Master Sgt. Matthew Williams, a 3rd Special Forces Group operations sergeant, graduated from Angelo State University with a bachelor’s degree in criminal justice. Driven to serve, Williams enlisted into the Army under the 18X Special Forces enlistment program in September 2005.

After completing Infantry One Station Unit Training, Williams attended Basic Airborne Training at Fort Benning, Georgia. He then went through the Special Forces assessment and selection process in 2006 and was accepted into the program. In 2007, Williams graduated as a weapons sergeant from the Special Forces Qualification Course and was assigned to Charlie Company, 3rd Battalion, 3rd Special Forces Group (Airborne). – MORE

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Third Quarter GDP +1.9%, Main Street Consumer Spending Way Up, Goods: +$64B, Services +$36B, Disposable Income +4.5%…


Wait,… what? Who cancelled the recession?

Remember when the financial media and democrats were assuring everyone the U.S. economy was g.u.a.r.a.n.t.e.e.d to enter a recessionary phase? Well, apparently MAGA Trump cancelled it… with the help of millions of U.S. middle-class workers who are spending their wage increases, bigly.

The Bureau of Economic Analysis releases the third quarter (Q3) GDP growth estimate today, and the overall Q3 GDP growth is +1.9 percent. However, behind the economic growth stats the scale of U.S. Main Street strength is the real story.

[BEA pdf link – table 3]

Main Street consumer spending was up $64 billion on goods and $36 billion on services. As those who follow MAGAnomics closely will remember, the Main Street economy is founded upon middle-class spending. Strong jobs, wage growth, low taxes, low inflation, and low energy costs, means more disposable income.  Disposable income grew 4.5% in the third quarter.

The U.S. economy is strong because approximately 80% of everything produced inside our economy is consumed inside our economy. As long as the underlying jobs market stays strong, consumer spending leads to self-fulfilling economic expansion. Main Street is doing very well.

The weakness is Wall Street investment into expanded production of goods in the U.S.

For 30+ years Wall Street has been investing overseas for production of goods; and with that process U.S. jobs were lost. President Trump has positioned the best return on production investment as the U.S.  Tariffs on China and the EU bolster that approach.

The key to reignite domestic investment is to pass the USMCA trade agreement which will provide certainty and allow corporate CFO’s to calculate Total Cost of Production (TCP). Once TCP can be calculated within the 5-year and 10-year rolling business plans, manufacturers will be able to determine specifics of U.S. investment; and/or retraction from Asian investment.

Unfortunately, Nancy Pelosi knows the USMCA ratification is the key corporate investors are looking toward. As a result, and with the intent to keep the Trump economy as favorable as possible for her 2020 ambitions, Pelosi is stalling the passage of USMCA.

China and the EU continue to struggle as the U.S. economy remains strong.   China and the EU devaluing their currency is driving up the value of the dollar, and dropping the import cost of goods.  As a result, despite the tariffs, the U.S. continues to import deflation (lower prices of imports).  Domestic production is healthy and inventories are turning.

The negative ‘spin’ from Reuters:

WASHINGTON (Reuters) – U.S. economic growth slowed less than expected in the third quarter as a further contraction in business investment was offset by resilient consumer spending, further allaying financial market fears of a recession.

The Commerce Department’s report on Wednesday was, however, unlikely to discourage the Federal Reserve from cutting interest rates again amid lingering threats to the longest expansion on record from uncertainty over trade policy, slowing global growth and Britain’s imminent departure from the European Union.

The Trump administration’s trade war with China has eroded business confidence, contributing to the second straight quarterly contraction in business investment. The fading stimulus from last year’s $1.5 trillion tax cut package is also sapping momentum from the expansion, now in its 11th year. (read more)

Monetary policy from the FED cannot yet impact inflation.  Exactly as CTH predicted in 2016:

2016 […]  Understanding the distance between the real Main Street economic engine and the false Wall Street economic engine will help all of us to understand the scope of an upcoming economic lag; which, rather remarkably I would add, is a very interesting dynamic.

Think about these engines doing a turn about and beginning a rapid reverse.  GDP can, and in my opinion, will, expand quickly.  However, any interest rate hikes (monetary policy) intended to cool down that expansion -fearful of inflation- will take a long time to traverse the divide.

Additionally, inflation on durable goods will be insignificant – even as international trade agreements are renegotiated.  Why?  Simply because the originating nations of those products are going to go through the same type of economic detachment described above.

Those global manufacturing economies will first respond to any increases in export costs (tariffs etc.), by driving their own productivity higher as an initial offset, in the same manner American workers went through in the past two decades.  The manufacturing enterprise and the financial sector remain focused on the pricing.

♦ Inflation on imported durable goods sold in America, while necessary, will ultimately be minimal during this initial period; and expand more significantly as time progresses and off-shored manufacturing finds less and less ways to be productive.   Over time, durable good prices will increase – but it will come much later.

♦ Inflation on domestic consumable goods ‘may‘ indeed rise at a faster pace. However, it can be expected that U.S. wage rates will respond faster, naturally faster, than any monetary policy because inflation on fast-turn consumable goods becomes re-coupled to the ability of wage rates to afford them.

The monetary policy impact lag, caused by the distance between federal action and the domestic Main Street economy, will now work in our favor.  That is, in favor of the middle-class.

Within the aforementioned distance between “X” and “Y”, a result of three decades traveled by two divergent economic engines, is our new economic dimension….  (more)

 

Trump – Person v President


QUESTION: Dear Mr Armstrong,

Donald Trump is the president of the world’s largest economy.
Is it the world changing when China become the world’s largest economy?
With being categorical like analytic person, defensive like a relationship person and impulsive like a social person president Trump is not the normal creative US person liking to rule the world.
He is more like French/Japanese, Chinese/Russian and Mexican/Spanish than English American.

What do you think?

Yours sincerely,
J

ANSWER: I think Trump is a product of the times. He was elected BECAUSE he is not a career politician. His personal comments are not really relevant. He has no dictatorial power. If that were the case, he would not be in constant clashes with Congress.

The leaders of China will not be in his image. That would not come until the cycle of change was about to shift the Financial Capital of the World from China back toward Europe.

This is part of politics which has been getting worse with each passing year. I was just a kid during the ’60s and remember people arguing that electing Kennedy would mean the Pope was going to run the country. They said Jimmy Carter was a joke because he asked his daughter Amy for advice in 1980 when she was just 13-years-old. Reagan they said was just an actor. George Bush they said was ex-CIA and the deep state, Clinton was a womanizer and Hillary really ran the joint, Bush Jr. was clueless, and Obama wasn’t even an American.

There have been negative comments on every president that I can remember. None of them jeopardized the security of the United States and Trump will be no different. He tweets, and now almost all the politicians are doing it.

President Trump and First Lady Melania Participate in a White House Halloween (Video)…


President Trump and First Lady Melania Trump participate in another fun Halloween event at the White House: