Horror – Virginia Governor Endorses Post Birth Abortion…


This is the second time in two weeks when we have seen an actual public policy discussion where Democrats are casually advocating for ‘post-birth abortion’.   I can’t even type about this level of sheer horror without praying…. Madness. Evil madness.  How is this conversation even possible?

Virginia Governor Ralph Northam, who is a pediatrician, is asked about a new State bill (thankfully it failed) that would have lifted all restrictions on third trimester abortions in Virginia.

If a mother is in labor…the infant would be delivered. The infant would be kept comfortable. The infant would be resuscitated if that’s what the mother and the family desired, and then a discussion would ensue between the physicians and the mother”

Lila Rose

@LilaGraceRose

Great news! A Virginia bill that would have removed all protections for babies in the womb, and even allowed abortion on babies 9 months in utero during active labor, has been defeated. https://www.liveaction.org/news/virginia-democrat-abortion-bill-labor/ 

Virginia Democrat admits new bill allows for abortion… even during labor

The Repeal Act would remove all existing abortion restrictions in the state, and would even allow abortion if a woman wants abortion while in active labor.

liveaction.org

4,965 people are talking about this

Economic & Real Estate Bubbles


QUESTION: I work in the construction industry in Phoenix Arizona and there has been a boom in new construction for apartments, condos massive housing tracts and all of the retail that follows this.
When I read about your worldwide property crash forecast the economic forecast for growth in our market is that that there is no end in sight for the next 6-8 years.
Are these guys whistling past the graveyard??
Thanks and keep up the good work!

JW

ANSWER: There are 8 states without an income tax (Alaska, Florida, Nevada, South Dakota, Texas, Washington, Wyoming, and Tennessee). You are in one of them that is receiving NETpopulation growth. There are herds migrating there from California. Now that said, the real estate market will have an undying bid in those states, but that will be specific to particular regions within the state. However, the trend that will cap the real estate is clearly interest rates and banks. The greater the decline in confidence in government, the less likely it will be to find long-term mortgages. The 30-year fixed rates mortgage will eventually vanish.

During the Great Depression, real estate collapsed to 10% for there was no money available for loans whatsoever. On June 13, 1933, President Roosevelt signed the Home Owners’ Loan Act into law thereby creating the 30-year mortgage to try to give people time to buy a home that they otherwise could not afford without having the cash. This is the 86-year cycle due here in 2019. This really implies that we may see a Directional Change whereby the confidence in the future will start to decline because of political instability. Of course, we can now count on Alexandria Ocasio-Cortez to scream about taxing the rich and their property. The Democrats WILL look into creating a major tax increases and this will seriously harm the economy. We will see a collapse in capital investment resulting in money for 30-year mortgages drying up.

Hence, they always say there is no end in sight to all booms. We should still see 2019 provide a peak in new construction as capital becomes scarce to fund such projects.

 

Markets Cheer a Recession?


The rally in gold and the stock market together is demonstrating that eventually, we will see the alignment as it transforms from Public to Private assets. The most deranged reaction to the Federal Reserve saying they will be “patient” on any further rate moves, is just beyond all reason. But markets are not always rational – they tend to trade emotionally much of the time.

The Fed also said that it would be flexible on the path for reducing its balance sheet. The Federal Open Market Committee’s statement twice refers to “financial developments.” The actual passages Powell read the first one verbatim in his press conference

“In light of global economic and financial developments and muted inflation pressures, the Committee will be patient as it determines what future adjustments to the target range for the federal funds rate may be appropriate to support these outcomes.”

“This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.”

The talking heads have so distorted reason that the markets interpreted it as complete capitulation. The two-year Treasury yield, the most sensitive coupon-bearing maturity to Fed policy, dropped like a stone 4 basis points to 2.53% percent. The yield curve steepened, as everyone expected the Fed would stop raising short-term rates. Of course, you have the pundits claiming that Powell has yielded to the correction in the stock market. They argue that Powell and other officials made their new posture clear. Additionally, Powell disclosed that the FOMC is evaluating the appropriate timing for the end of the central bank’s balance-sheet reduction and that they would be looking to finalize their plans on that issue going forward.

The pundits seem to ignore history completely. They are touting that the Fed was backed into a corner by financial-market volatility. It is just totally amazing how ignorant these people are when it comes to the global economy and the business cycle.

The Fed ALWAYS lower interest rates NOT because of the stock market, but because of an economic decline. A stock market decline by itself is no big deal. We did not even elect a single Monthly Bearish Reversal. There was no significant damage from that respect. The real issue being ignored here is the entire world is declining sharply into 2020 on an economic level. Lowering interest rates NEVERsupports a collapse in the stock market. The Fed even raised interest rates as the market was falling in 1931 because the dollar was under pressure during the Sovereign Debt Crisis.

 

 

It is so amazing how oblivious pundits are to what is unfolding around the world. Trump is correct. The USA has been the strongest economy. However, the US is starting to slow and overseas is having a very bad dream. Just look at the DAX which not only was a major crash, it closed BELOW the low of 2017. The US market has been the BEST performer. The Fed is NOT taking action based on the stock market. That is absurd.

 

The US share market has outperformed everything in terms of currency from the international perspective. While the pundits had forecast Europe as a great buy two years ago, people simply lost tons of money on that forecast and their buy of Emerging Markets.

We are now going to go down very hard economically into 2020. The Fed is under a lot of pressure from other central banks pleading with it to stop raising rates for they cannot raise rates. The ECM is in no position to stop Quantitative Easing. The Fed’s actions here have ZERO to do with the stock market. This is the culmination of the economic decline into 2020 that began in 2015.

The Fed is not going to lower rates dramatically. While rates closed at 2.5% for 2018, resistance still stands at 2.67% here in 2019 so rates have not broken out just yet. It is unlikely that the Fed will lower rates of more than 1%. That could unfold after May if the election in Europe create havoc over the future. So far everything is on target. Last year was a Directional Change and 2019 is a turning point with 2020 coming in as another Directional Change and 2021 in a Panic Cycle. So hang on tight. We are in for some really confusing good times as we conclude this business cycle into 2020. Sorry – the Fed did not lower rates to help the stock market. It lowered rates because we are in a global economic recession into 2020. All I have been hearing is complaints from central banks around the world. They can see what is unfolding.

 

Tom Brokaw Insults Latinos: Apologizes to Progressives


Published on Jan 30, 2019

SUBSCRIBED 121K

Former NBC News anchor Tom Brokaw sparks a Twitter storm when he says Latinos should try more to assimilate. Brokaw apologizes with multiple Tweets to quell outrage from Progressives. Bill Whittle shows what happens when Leftist speech codes boomerang on their makers. Members produce this show, and you can join them at http://BillWhittle.com .

Foreign Allegiance


By Tabitha Korol

Progressivism has exposed America to self-destruction by welcoming aliens who, by their own confession, brazenly declare that they are here to challenge and then destroy our way of life.

Whereas America’s doors have always been open to people of all races and religions who come with hope and gratitude for the opportunities granted in a free society, we were unprepared for those who want to erase our history and accomplishments, destroy our monuments and  customs, and replace our laws with their barbarism, in the hope of replicating their oppressive regimes here.

Two Muslim women have been voted into office under the cover of deceptive manifestos.  They misrepresented their platform and have thereby candidly sullied the dignity of their positions, insulted the United States, the Executive Office of the President and, specifically, our esteemed President Donald J Trump.

Ilhan Omar, new congresswoman from Minnesota, a Somali immigrant with a history of making disparaging statements against Israel, our ally, was appointed to the House Foreign Affairs Committee by Nancy Pelosi, who has also turned her back on Israel and American interests and security.  Wasting no time to investigate and understand America’s ties to Saudi Arabia or to Israel, Omar, prompted by her personal defiance and beliefs as a Somalian Muslim, not as an American, called for decreased financial aid to Saudi Arabia and labelled Israel an evil regime, challenging the latter’s government and actual existence. 

First, the US provides little military aid; rather, we are selling 6,700 missiles as part of a $1 billion deal to Saudi Arabia for its anti-terrorism training and education and for food to civil-war-torn Yemen. Omar is either ignorant or else chooses to dismiss the essence of America’s financial transactions.  Second, she has brought with her the 1400-year history of Islamic hatred for Jews, Christians and Hindus, and Islam’s centuries of condoned torture, enslavement, and slaughter perpetrated on 900 million people who refused conversion to Islam. The slaughter continues to this day, as noted on the Religion of Peace website: 34,494 (at this writing) deadly Islamic terrorist attacks in 29 countries, since 9/11.  During the week of January 19th, 28 attacks in 12 countries, 135 killed, 171 injured, and 6 suicide blasts were reported.

Without once acknowledging Islam’s destructive role in world affairs, how Islamic countries are truly apartheid and violent, she denounces Israel as an authoritative apartheid regime rather than the parliamentary democracy that it is, representing and treating equally every segment of its multi-racial, -religious, -ethnic society.  Her comments are virulently anti-Semitic and, when challenged, she cannot provide a sliver of evidence for her accusations, but has no compunction about repeating them later.  Having been raised in deep-seated enmity, she ignores the Islamic wars waged against everyone, and the discord sown in what had previously been peaceful nations.

In keeping with the Islamic dedication to taqiyya, an accepted Islamic war strategy, she denied her support of boycotting Israel before her election, but has now admitted her true position.

Omar blatantly supports the effort to debilitate America’s greatest ally – the Democratic State of Israel. The Arab attacks against Jews have been constant for centuries, throughout the Islamic world, in Israel, and across Europe.  The horrific jihadi attacks include stabbings, beheadings, and an ongoing fire jihad over 8,000-plus acres of forestry and agricultural land, its human and animal inhabitants, while also jeopardizing their own dispensable youth and women.  Jihad continues here in stealth from those who work to fundamentally change our laws and allegiances.

Oddly, with the exception of a Muslim tribe, Yibir, that claims to have descended from Hebrews before the arrival of Somali nomads, there are no Jews in apartheid Somalia, so from where does Omar’s intense animus derive except from the Koran and Hadiths, which are rife with Mohammed’s scorn and teachings.  As he stated on his deathbed: “Let there not be two religions in Arabia,” thus sealing the eternal intolerance and fate of all who would not accept Islamic law and rule.  Mohammed commanded Muslims to fight the non-Muslims by “all means possible for all times.”

The centuries of persecution, forced conversion, expulsion and massacre began with the Jews of Khaybar and the Christians of Najran, and have been passed down to the present day. This, then, is the origin of the mindset of Ilhan Omar.

Muslima Rashida Tlaib, another new member of Congress who identifies as Palestinian and blatantly displays her detestation for our President, is unquestionably an expression of hate for America and our Constitution.  She opposes everything that President Trump stresses, particularly his articulation of friendship with Israel and acceptance of Israel’s capital, Jerusalem.  A sticky note with the name “Palestine” covers Israel on her office map, and she asked to be sworn in on the Thomas Jefferson Koran, the Islamic prayer book that demands holy war and death to Jews and Christians throughout the world. The Koran allows no allegiance to our country or our values; Jefferson obtained it in order to understand the Barbary pirates (North African jihadis) who were attacking non-military ships belonging to America and eight other Christian nations in the 1700s.  When attempts to negotiate peace failed, our ambassador learned that the Muslims would always wage war in order to spread Islam, increase their slave trade, and to qualify for vigorous sexual activity in the Islamic version of heaven.  It was then that Jefferson obtained a 1734 English translation of the Koran to understand the nature of our existential enemy.  It was not purchased and kept out of reverence, as Tlaib would have us believe.

Not only did Tlaib not display an American flag at her primary victory celebration, but she also wrapped herself in a Palestinian flag and invited rabid Israeli-hater, Abbas Hamideh, to her celebratory dinner party.  Hamideh is a co-founder of Al-Awda, a group dedicated to the platform of the delegitimization and eradication of Israel.  In a photo with him, she is wearing a keffiyeh, a scarf of jihad, holy war.  There is no doubt: she is not here as an American, and she will not legislate as an American.  She and her like-minded friends, including the vast membership of the Muslim Brotherhood, antisemitic jihadas Linda Sarsour, Tamika Mallory and others are working to control American policies and speech with the goal of establishing sharia law in the West and using the cry of “islamophobia” against any criticism that might alert the public to the scheme.

A member of the Democrat Socialists of America, Tlaib strongly supports the boycott-divestment-sanctions movement (BDS) to bring about Israel’s economic destruction, and to create an “Islamic state in Palestine” in its place.    She is tied to the designated-terrorist group, Hamas, known for its political, social, humanitarian and military activities committed to defeating Israel, and which recruits students for suicide attacks, supports intifada, guarantees support and homes for the martyrs’ families, and works to obstruct Israel’s trade agreements with international propaganda and boycotts, while working to flood Israel with terrorist-trained Palestinians.  Aligned with J Street, one of the most virulent anti-Israel organizations in the history of Zionism and Judaism, Tlaib plans to lead a taxpayer-funded mission of lawmakers to Israel’s Judea and Samaria at the same time that the traditional Israel mission is planned – to oppose the truth with the false Palestinian narrative.  To be noted: recent tax forms for a George Soros Open Society Foundation show an expenditure of $85,307 to Rashida Tlaib (p.97 of a 321-page report), which she failed to disclose when she ran for office.

Both Omar and Tlaib deceived their voters on their views about America, presenting themselves as moderate American citizens, but later admitting their true course – Islamic supremacy.  They were brought here initially for conquest by population, known as hijra, and they now seek to defeat our nation through our own laws.  Tlaib had the audacity to announce, “Each passing day brings more pain for the people most directly hurt by this president, and these are days we simply cannot get back. The time for impeachment proceedings is now.”  On 4 Jan 2019, 10:08 AM, she tweeted, “Americans have spent decades raping and pillaging my people.”  Her people are Palestinians, not Americans.

Clearly, both women have taken their positions not for their interest in America, but in order to promote their inherent Koranic beliefs, which focus on the destruction of Israel and the supplanting of freedom for worldwide sharia.  Islam is here to be the dominant religion on Earth.  Omar and Tlaib should be removed from their positions, not merely because they are a clear and present danger to our republic, but also because their positions were gained as a result of the misrepresentation of themselves to their constituents.

 


https://tinyurl.com/y7e6z63d

 

Thanks to Bankers – Student Loans Are Suppressing our Future & Destroying the Real Estate Market


I have warned that the entire Student Loan Crisis has significantly altered the economy thanks to the Clintons courting the New York bankers making Student Loans the exception to bankruptcy. In Florida, like many other states, if you are in default on your student loans, the medical license to obtained is suspended. The Florida State Board of health has stated that some 900 healthcare workers were in danger of losing their license over the past two years because they were in default of their student loans. The board clarified it worked out repayment plans with most of those workers. It estimates the actual number of health care license suspensions is between 90 and 120 since November 2016. We may yet see the Yellow Vest Movement erupt in the United States over Student Loans.

The situation with student loans has gone from bad to worse. Bankers will try to get the parents to still co-sign for their child – DO NOT DO SUCH A THING!!!!! The degrees are worthless in most fields except health and law. The bankers have circumvented all your legal rights because the student loan is the exception to bankruptcy so they can take your house and you cannot even argue fraud.

Then there is the fact that even death does not relieve a parent of a student loan. Marcia DeOliveira-Longinetti’s son was killed, and after death, the remaining balance of his federal student loans were written off, but not by the state of  New Jersey. The state told his mother, “Your request does not meet the threshold for loan forgiveness.” What the Clintons did to students is really horrible. Even Zillow’s research, the big realtor, has reported that student debt has impacted the real estate market in many ways reducing future buyers.

FOX News reported that the U.S. Marshals Service in Houston was arresting people for failing to pay their outstanding federal student loans. Actually, Paul Aker, the subject of the Fox News report, failed to appear in court so the court sent U.S. Marshals to his home where he was arrested for a $1500 federal student loan he received in 1987. Of course, when they arrest anyone, the reason is irrelevant. Everyone is treated the same. If he ran, they would have shot him in the back and killed him on the spot and they would NEVER be prosecuted.

After seven U.S. Marshals burst into Aker’s home with guns drawn, they took him to federal court where he had to sign a payment plan for the 29-year-old school loan. Thank you, Hillary. I honestly do not know how anyone could have possibly voted for her. This is totally insane. The judge could just as easily thrown him in prison on contempt of court and not release him until he pays the $1500. It’s all about a judge’s power to act as if he still represents a king.

The Student Loan Crisis is serious. The US census showed that one-third of children over 30 were still living with their parents. This is also taking place in Britain thanks to rising taxes which lower disposable income. There are greater odds of your children living with you until they are 35. The real shocking number is that 40% of millennials are still dependent on mom and dad. The excuses seem endless. Student Loan debt can make buying a home IMPOSSIBLE! This is part of the reason real estate has been in a bear market since 2007 when we look at the average home.

realestate

The entire Student Loan Crisis has altered the real estate market significantly. While the High-End rallied into 2015 as capital was trying to get off the grid, as one friend in the real estate business put it, if prices ever got back to 2007, 50% of the State of New Jersey would go up for sale. The average market for homes has been declining overall. There are pockets where houses have risen, but these upon close inspection are the destinations where people are fleeing to from states like California, Illinois, New Jersey, New York, and Connecticut among others.

The real estate profile has another weight dragging it down – TAXES. Real Estate is IMMOVABLEand as states go broke, they keep raising property taxes. The states with NET declines in population because the smart people have been fleeing, leaving behind people who are not paying attention and become trapped because there are no buyers. One friend here in Florida moved from New Jersey and rents out his home back there because he cannot sell it. He rents it at this stage just to pay the taxes.

The states with no income taxes are a net migration seeking refuge from other places. Florida seems to get New Jersey, New York, and Connecticut. Nevada and Texas are getting those fleeing Illinois and California. Nonetheless, the overall view of real estate looks rather grim into 2032 insofar as scoring REAL gains over the depreciation in the purchasing power of a currency. Then add the rising interest rates and you will discover that bankers are no longer willing to lend money at fixed rates for 30 years.

 

When is Printing Money Deflationary rather than Inflationary


QUESTION: It seems the Left Wing Progressives in the US House (opponents of Pelosi) have adopted the Money Market Theory of Prof. Stephanie Kelton of U of MO.-Kansas City to justify unlimited deficit spending of the US Govt. OK as the Govt. can finance its deficits by unlimited currency printing.

Would you please comment.

Thanks and keep up the good work.

MP.

ANSWER: Actually, there would be no issue if the government simply created money to fund its normal expenditure. Historically, that will produce very modest inflation. The crisis is when you borrow to fund that deficit spending. In 2019, interest expenditures may now exceed the cost of defense. It is far cheaper to create the money needed than borrow and keep rolling the deficits forever. Then the cumulative interest keeps rising and crowds out all other expenditures. This is what is happening.

The process underway creates DEFLATION, not INFLATION, because the governments keep raising taxes to fund the deficits and that reduces the disposable income. This is why we see riots in France. Yes, people earn more, but they are being left with an eroding disposable income base. Governments need to fund themselves so they raise taxes. But the interest expenditures keep rising and consume all other areas of spending. It becomes a self-defeating process that leads to the crash and burn.

 

Abortion in the last trimester is Immoral — Period the End!


The state of New York has passed a law that permits the killing of a baby right up to the moment of birth. At the time the bill was signed Governor Andrew Cuomo and the state legislature stood in unison and acted out a ghoulish celebration.

Equally disturbing was a subsequent interview with New York Cardinal Timothy Dolan as he struggled to give a full throated condemnation to the Catholic governor who signed the bill. Dolan sounded more like a politician than a leader of the Catholic Church. So far the progressive Pope Francis has not weighed in.

Jeff Longo