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Monday, November 4, 2019

On this date---2008




Barack Obama elected first black president in US



After a tough primary race against Hillary Clinton, Obama beats John McCain (two Dems running against each other) in the general election and makes history as the first African American president. Obama’s promise of hope and his slogan 'Change We Can Believe In' seem to register with voters, who give him a decisive victory.

Undoubtedly the biggest presidential calamity in American history!

I'm not saying it because he's black. I'm saying it because it's true.



Think about it. If Trump were to be impeached tomorrow he accomplished FAR more in 3 years than Barry did in 8. In fact, if it wasn't for scandals Barry's presidency wouldn't have any notoriety at all. His library is going to be a f-ing joke.




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Just wondering






Not only are they worthless it fortifies the case for term limits.



(Great letter)








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Saturday, November 2, 2019

Trump to welcome military hero dog Conan to White House






President Donald Trump tweets that the military working dog injured in the raid last weekend that killed the Islamic State leader will leave the Middle East for the White House sometime next week. 

And the President appears to have declassified the dog’s name- Conan. That had remained a military secret because of the classified nature of the mission in which Abu Bakr al-Baghdadi died. 

In announcing the impending visit, Trump again posted an altered image of him presenting a medal to the dog. The Daily Wire had created the image by taking an Associated Press photo of an actual medal presentation by Trump and replacing the human recipient with the canine hero. 


“Thank you Daily Wire,” Trump tweeted after midnight Wednesday. “Very cute recreation, but the ‘live’ version of Conan will be leaving the Middle East for the White House sometime next week!” 

Conan was hurt after being exposed to live electrical cables but has returned to active duty, the Pentagon said on Wednesday. 

Gen. Frank McKenzie, who leads U.S. Central Command, told reporters the dog was injured when it came in contact with the cables as it pursued al-Baghdadi in a tunnel underneath a compound in northwestern Syria. 

McKenzie said the dog has worked with special operations forces for four years and taken part in about 50 missions. He said such working dogs are “critical members of our forces.” 

When Trump first posted the altered image on Twitter of him presenting a medal to the dog, it came with an all-caps tweet of “AMERICAN HERO.” 

The image was derived from a photo taken at a 2017 East Room ceremony to present retired Army medic James McCloughan with the Medal of Honor for saving the lives of 10 men during the Vietnam War. The Medal of Honor is the most prestigious military decoration awarded to U.S. service members.


How the MSM saw it.








(Probably hung out with Kavanaugh)













Baghdadi's last words...












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The Trumpster






Think about it. If wasn't for Stormy Daniels, the phony Russian collusion, Obstruction to a crime never commited, Ukraine phone call, Trump's tax returns...the Democrats would have nothing to do!

And lets not forget about that bombshell news story from CNN.


[Another case for impeachment I'm sure]



BEST CAMAPAIGN AD EVER


Video 530




What a departure from 'Pantywaist Barry'! 


Speaking of Barry he may be getting a visitor.









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Jobs Report Number Shows that Donald Trump Has Been Right About the Fed






This week gave us two big pieces of economic news.

First, after wrapping up on their two-day meeting on Thursday, Federal Reserve officials announced that they would not hike interest rates and signaled they would pause further increases going forward, in light of recent turbulence in the financial markets, signs of trouble with global growth, and relatively muted inflation. The shift relieved investors and sent stocks rocketing higher.

Then, on Friday, the Department of Labor delivered an unexpectedly strong jobs report. Employers added 304,000 workers to their payrolls in January, compared tothe 170,000 forecasted by economists surveyed by Dow Jones. Companies mostly seem to have shrugged off this winter’s government shutdown. In fact, the numbers showed that hiring has sped back up after a lull in the summer and early fall. The economy tacked on an average of 241,000 jobs over each of the last three months, compared to an overall monthly average of 205,000 since the beginning of 2017.

One way to look at these two pieces of news is that the Fed has been worrying about nothing, and that it can safely get back to hiking rates like before. As Politico’s Ben White put it:

If anything, though, I’d say opposite is true. The fact that employers can still find hundreds of thousands of people to hire each month suggests that, even in an economy that seems pretty hot, there are still plenty of Americans who want or need work. The Fed is right to take a breather before trying to cool down the economy in order to prevent inflation.

Over the years since the Great Recession, the Federal Reserve has consistently underestimated the amount of “slack” left in the labor market—essentially, how far joblessness can fall before employers have to start paying significantly higher wages in order to hire, which could cause inflation to pick up. One major reason why is that Fed economists have traditionally looked at the official unemployment rate as a guide to the economy’s condition. Headline unemployment has dropped to historic lows, which at one time might have meant that almost everybody who really wanted a job had one. But today, the statistic no longer seems to accurately reflect how many Americans who would like to work if they could find the right opportunity, or who simply wanted more hours. As a result, there have consistently been more adults ready to take a job than our central bankers realized. Fed officials keep thinking they’re about to run out of slack—and that inflation will surely pick up—only to discover they’ve got plenty more rope left in the economy.

Notably, nobody has been a louder critic of the Fed’s excessive hawkishness than our president, Donald Trump. He might not understand the nuances, and is likely concerned mostly with keeping the economy hot so his poll ratings stay out of the thirties, but he’s been uncharacteristically lucid about the Fed’s unnecessary tightening. (His inability to pick Fed officials who’s views he actually agrees with notwithstanding).




Today’s giant jobs report doesn’t tell us for sure that the labor market will have more slack going forward. But it does confirm, yet again, that Fed officials have been too pessimistic in the past about how much room the job market has had to grow. Meanwhile, plenty of data points, such as the share of Americans in their prime working years who are employed and the speed at which employers are raising salaries, are signaling that the country still has a long while to go before employers have to worry about anything resembling a labor shortage. Taken together, it all suggests our monetary policy makers are right to sit back, stop trying so hard to snuff out inflation before it flares up, and let companies keep their hiring signs up. Good jobs numbers, like today’s, are a hint that the economy could be even better.

Or, in other words, they show that Donald Trump has been kind of right about the Fed.






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