Thursday, August 20, 2020

Good Swap. K Still In Debt. Ross Rants Again. Defending Dershowitz. Obama Continue To Lurk In The Background Hoping and Waiting


Many years ago when we lived in Atlanta, Newt introduced us to Kasich and he was then dating Mulinari.  I have a picture on my desk where the four of us were together.

Democrats get Kasich and Powell  and Trump gets more black and soccer mom voters because of that law and order thing.. Good swap.



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If JoKe win what do you think K will be worth after her term in office?

The Clinton's are reputedly worth several hundred million, Obama's in the $300 million category and all my liberal friends, who hate Trump, tell me he has enriched himself while being president and many say he is a crook. Others foam at the mouth and their eyes bulge out of the sockets when his name is mentioned.

If owing less money is a plus, Joe should have chosen Stacey. She only owes some $500,000 plus and most to the IRS.

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Game, Set and Match
by Andy Joppa

(Note: As I read this essay to my wife (she is my sounding board for all things) she said, “It’s too much…too strong.”  Being infinitely polite, I told her, “Thank you for that affirmation of my intent” …of course, not in those exact words. So, here is my essay that a “fair” arbiter has said is, “Too much.” I am tired of saying too little.)

If Joe Biden wins the presidential election of 2020 (GOD FORBID) it will represent an actualization of the old adage that, “In the land of the witless, the half-wit shall be king.” I might be overestimating Biden’s brain power by allowing him even half a wit but, what the heck, give the enemy his due.   Perhaps I’m wrong, but it might be the first time in history that the citizens of a large, first tier nation, ever volitionally elected a man who is OBVIOUSLY in the early to mid-stages of dementia.

Biden is a true dullard, a man of perpetual emptiness.  A man who, in fact, has never accomplished anything or been right on any issue.  I won’t even weave into this discussion his propensity to “innocently” fondle women…of all ages. Biden has always been disturbed…age has merely deepened the propensities of this human slug of a man. For those who think my language is too strong I offer (take this my wife)…it is time we take off our kid-gloves as we deal with these people who are destroying our country and the lives of millions of people who are effected. These aren’t the good old boys and girls of the loyal opposition.  These are people trying to rip the heart out of everything we hold dear…legally and…illegally.

It is not just that Biden has slowed down.  His entire sense of logic and awareness is distorted.  Those in a similar circumstance to Biden would normally live within an assisted living environment or be kept by their families in a back room.  There is nothing that could rationally account for anyone voting for Joe Biden…nothing.  Please…don’t try to explain to me why you’re an idiot and, therefore, voting for Biden; it will only deepen my awareness of your personal degradation.

President Trump, on the other hand is brilliant. Yes, do you hear me, brilliant; with a remarkable ability to deal with any question, of any complexity, on any issue. His accomplishments have been remarkable, most achieved with almost no support, while he has been pilloried by people who couldn’t carry his intellectual or moral book bag.

Trump is not just remarkable for a man of his age but for a man of any age.  Trump is a giant…a true statement of human greatness…providing all of us with an optimism that aging does not have to negatively impact on your intellectual acumen.  I pray for a face to face debate between Biden and Trump.  I predict that anything that could be called a debate will not happen…because it cannot happen. It would be a Pee Wee Footballer playing a Super Bowl Champion.
Joe’s wife will not be allowed on the stage with him, thus depriving him of 99% of his awareness. Jill is one of the world’s classic enablers. “Leave the stage now Joe Joe…your “talkee” thing is over…good boy…don’t touch anybody.” To which Joe would reply, “Thank you Sis.”

The president’s biggest problem is that 25% of Americans are ideologically unable to consider his wisdom and another 25% have scarcely moved beyond learning to tie their shoes and have no ability to understand the complexity of the issues.  With no intent of insulting them…they are simpletons…OK, I did mean to insult them.

Presuming it is a legal election, which is always in doubt (no…it will be impossible), there can be no excuse offered or accommodation made with the fact, that the greatest nation in the history of the world is populated by a mob of dysfunctional miscreants…perhaps the majority.

Yes, we can define where these disturbed citizens have come from.  They were created by their parents, by the media, by our education system, by the Socialist Left, by cultural hedonism and a by loss of their individual identity. Nevertheless, they are what they are, and their origin is little more than an academic discussion, just as the origin of Hitler does not dismiss his reality.
  
It is an American culture that I increasingly feel separated from by almost every measurement that might be applied. To coin an oft used concept, “I haven’t left the America culture, The American culture has left me.” Every human virtue has been redefined as a negative…all virtues being characterized as “whiteness’ and therefore manifestations of “white supremacy.”  Read the position papers of the National African American Historical Museum at the Smithsonian for documentation of my point. Of course, these papers were authored by white Quislings.

It must have been the way many decent Germans felt as they watched Hitler come to power.  People like me, and most of you, have become the American equivalency of the Jews of the Third Reich.  They had, to the largest extent, built the German nation, yet were condemned and ostracized, not for their faults, but for their virtues.

 Because of what they were intellectually and creatively, they achieved positions of power and influence.  This was not achieved with corruption but was almost entirely a result of their superiority.  The German rabble found in the Jew only a source of the recognition of their own inferiority.  Since these mobs of the Reich could not compete with them, they had to destroy them. Within fifteen years of Hitler rising to power, almost every city in Germany was in ruins and their nation’s people little more than beggars.

To be white, or at least a white male in America, has been stigmatized in a like manner.  To not accept the condemnation heaped on them has only deepened the presumption of their guilt.  America, as with the Reich, is on the verge of destroying or minimizing the group that has built this country and, by so doing, is creating a future for our nation that will resemble Germany in 1945 or Venezuela in 2020. Whites, as with the Jews of the Reich, are not, in reality, being condemned for their vices…but for their virtues. If you want equal outcomes you must destroy the top end.

While the Brown Shirts destroyed every manifestation of Judaism, the question is often asked, “Why didn’t the Jews fight back (and I’m one of them) …why didn’t they resist…why did they so willingly accept their own destruction?  I ask the same question of tens of millions of my fellow citizens.  Why are you allowing yourself to be humiliated and marginalized by those that, in terms of accomplishment and contribution, are your inferiors? Perhaps, as importantly, why have so many of you become complicit in your own destruction?

As I have stated many times, unlike all other groups, white males have nothing in common. We don’t feel any group unity or commitment, nor do we have a secret handshake.  We range from the supercilious Mitt Romney to the profundity of Donald Trump. Many of our women, however, especially our younger women, have become leaders in the attacks on America. Half of them (to create an approximation) are as vicious and violent as anyone who walked the streets of the Third Reich in 1938.

So, there you have it.  The only group with members who are capable of saving America has no unity or focus.  In addition, many of these men have been neutered by their wives or girlfriends into useless blobs of protoplasm.  Others are trying to take care of their families and are unwilling to risk the ire of the absurd American “cancellation” process.  For them I have compassion.

As I watched the baseball season start, it left me feeling queasy. All the players wore BLM warm up t-shirts.  They all held on to a black rope (or something) and took a knee as they wanted to supposedly contribute to “social justice.”  In so doing they cast their lot with a vicious, violent, anti-American, anti-police, anti-nuclear family group.  I’ll make one simple point.

BLM says they’re interested in social justice.  If justice means that what happens to you is an accurate response to who you are and the life efforts you’ve made, I suggest that what BLM is demanding is not justice…but social mercy. They want equal outcomes from unequal efforts. If they were given “justice” they would be on welfare or imprisoned …WAIT…many are. That was justice.

A friend of mine recently wrote in regard to baseball: “So just how stupid (excuse me Mom) do you have to be to have ‘America’s favorite past time’ gamers kneel for a known Marxist international org-yes known w $1.3 Billion in its coffers.” Yes…spot on.

In our disintegrating culture, anything is possible…except what is right…or pro-American. It is time to fight back using every legal means at our disposal.  If we lose the battle I, for one, do not want to have regrets; regrets that I should have done more.

In 2020 if we lose the presidency and the Senate (not predicting either outcome), the Demonrats will eliminate the filibuster and, at that point my friends…it’s over…good-bye …sayonara…to America.  Game, Set and Match. 
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ My friend ISI defends Dershowitz.  

Dershowitz no longer can count on his liberal Cape Cod friends. Their allegiance will likely switch to the Obama's.

According to Ross, Obama hopes to control America through K who will take over from J when he cannot stand the pressure should JoKe.  Joe must vacate his protective cave if he wins and he must do all those things he pledged he would and that will take a lot of effort.

And:


Obama Warned Democrats About Joe Biden




And:


Was Barack Obama America’s WORST All-Time President? You Decide…

Democrats are “outraged” at the results of a poll by USA Today that ranked Barack Obama DEAD last in a ranking of U.S. Presidents.
The hilarious results go against what liberals would have you believe that he was a great president.
The list of reasons for Obama being voted the worst President is long but a few of the reasons cited include the failing Obamacare system, the horrible economic recovery during his presidency and the rise of the NSA and the lost of personal privacy in America.
Liberals claim the results of this poll are WRONG! We’d like to know what you think.

Do You Believe Obama was the Worst President Ever?
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Dershowitz, the #MeToo movement and the rule of law – opinion

The accusation against Dershowitz is so obviously suspect that he deserves the presumption of innocence.

By ISI LEIBLER


On Friday, August 14, The Jerusalem Post Frontlines section featured a massive two-page article by David Brinn about allegations leveled against American lawyer and legal scholar Alan Dershowitz. As I read it, my thoughts reverted to the ordeal endured by US Supreme Court Justice Brett Kavanaugh when the #MeToo movement attempted to smear him over alleged sexual assault charges without a scintilla of supporting proof.
I was traumatized watching the Senate hearing, which made McCarthyism pale in comparison. Having been a CEO of a major international company and a leader confronting global Jewish challenges that involved engagement with thousands of women, I realized that in today’s insane climate, it would only take one woman to go to the media and accuse me of sexual misconduct. She would soon be joined by others and #MeToo supporters baying for my blood. Although entirely without evidence, their unsubstantiated testimony could transform me overnight into a pariah.
Unfortunately, there are, of course, sexual predators who should have been dealt with long ago, and for that reason, initially I considered the #MeToo movement a highly overdue effort to stamp out these abominations.
But the Kavanaugh episode demonstrated that unless the rule of law was accompanied by a presumption of innocence, the solution to misogyny propagated by the #MeToo movement, if left unchecked, would result in innocent lives being shamelessly defamed and ruined.Unfortunately, the media have always been selective in whom they investigate. Contrary to the unrelenting attacks on Kavanaugh, when Joe Biden was faced with accusations of harassment, the media rightly refused to blindly accept the allegations.
Dershowitz is one of the most competent lawyers in the United States, and renowned as a liberal and civil libertarian. His is a prominent Democrat who, until last year, was a darling of the media.
He is one of the most effective defenders of Israel, promoting the case for Israel in books, articles and innumerable addresses to frequently hostile campus audiences and has not been afraid in recent years to castigate the antisemitism of the radical progressive elements of the Democratic Party. Over the past year, however, he committed the cardinal sin of defending some of US President Donald Trump’s policies, and went so far as to argue during Trump’s impeachment trial that there were no legal grounds to remove the president from office. This outraged his former liberal supporters and turned the liberal media against him.
He is regarded to be among the world’s best criminal lawyers and has successfully defended some of the allegedly worst and most disgusting suspects. He takes pride in providing the best defense possible to all, which he considers a hallmark of democracy.
Having successfully negotiated a plea deal for the now deceased, convicted sex offender Jeffrey Epstein in the first criminal case against him, Dershowitz is now undergoing a Cavanaugh-type witch hunt and, without any evidence, is being accused of having sex with a minor who was allegedly trafficked by Epstein.
THE ACCUSATION against Dershowitz is so obviously suspect that he deserves the presumption of innocence. If the media are to report on the allegations, they should at the very least be investigating the veracity of the claims of his accusers, rather than shoddily implying that “where there is smoke there is fire.”
As Dershowitz has pointed out, Virginia Roberts Giuffre, who raised the allegations against him, has a long history of fabricating stories about prominent people, including about Al and Tipper Gore, Bill Clinton and Leslie Wexner. Her own lawyer has even admitted that Giuffre falsely accused Wexner and other prominent individuals.
Another of her lawyers has said that she was “wrong... simply wrong” in accusing Dershowitz, because his travel records conclusively prove that he could not have been in the places where she claimed to have met with him. Her own emails and book manuscript even admit that she never met Dershowitz. She tried to suppress these documents because they prove the falsity of her claims, but eventually they came to light. Yet the media have not focused on this evidence.
Another woman who falsely accused Dershowitz of having sex with her when she was a 22-year-old had sent the New York Post a series of emails in the run-up to the 2016 election in which she claimed to have sex tapes of Hillary Clinton, Bill Clinton, Donald Trump and Richard Branson. She also claimed that Hillary Clinton has arranged for the CIA to kill her and that she was now working with the KGB. Ultimately, she admitted that she had invented the whole story, just as she invented the story about Dershowitz.
A third one who claimed to have seen Dershowitz in Epstein’s presence with young women has now been exposed as a virulent antisemite who has accused all Jews of being pedophiles and racists under the domination of the Rothschild family.
Not coincidently, all three of these false accusers have the same lawyer, with a long history of ethical violations. Dershowitz is suing the lawyer as well as his accusers.
Dershowitz is not entitled to any special treatment by the media because of his history of good deeds. But if anyone deserves the presumption of innocence in the Jewish media – indeed in any media – it is that Dershowitz is well-known for telling the truth about Israel and matters of law and civil liberties.
The tragedy is that these lawsuits, necessitated by false accusations against him, have diverted Dershowitz from his major task of defending Israel and human rights. As a result, he is persona non grata and is no longer being invited to speak in defense of Israel on college campuses and on other major platforms.

All of us who consider that Dershowitz is being denied natural justice and smeared by word of mouth, in the absence of any genuine evidence against him, should speak up and show him the support that his lifetime of good works has earned him. That applies, in particular, to supporters of Israel for his courageous defense of the Jewish state.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++Will it pay if you rant?

I now believe things are lining up for a good, not great, stock market over the next several months, and into 2021. Retail sales are improving better than expected. HD, Target, and WMT being standouts to show not all retail is bad. The virus has been partially contained, and is declining in the surge states with big populations-TX, FL CA and AZ, and generally across the country. This means unemployment will continue to decline into October. While we can possibly see new surges, there seems to be a recognition that masks and distancing do matter, bars are points of spread, and more people are now complying. Progress on vaccines seems to be going very well, and it is possible that by late October they will announce that more than one will be ready to deploy before year end for free and in large scale by mid to late Q1.

Unemployment will continue to decline into single digits and likely be at around 7%-8% by end of Oct. Durham will be announcing more indictments or guilty pleas. His final interrogation is this Friday with Brennan. Soon after Labor day I expect a lot more from him. The lawyer plea was just a teaser. Trump is now essentially tied with Biden in the 15 key states, and that is a huge change from just a month ago. He is within the margin of error overall. Biden had been up over 12% at one point. Biden falters in the debates. Trump reelection looks far more promising. Market continues up.

There will not be national mail-in voting. There will be more Mideast peace agreement announcements in September and October. The EU will begin to show some GDP growth. China will continue to buy farm products, and many more companies will onshore back to the US as time goes on, bringing jobs back. The violence in cities will continue, and the exodus will continue to the point that the citizens will demand something be done to reverse that problem. The Dems take heat for it. The whole BLM movement will be seen to have been destructive, and the pandering by CEO’s and others will be much reduced.

The whole defund cops will stop in most cities as more murders scare the rest of the voters, and the guys with checkbooks, who contribute to campaigns. Suburban women will be much more concerned with law and order as women fleeing from urban cities move to the suburbs with stories about crime out of control. Schools will reopen, and more people will be able to go back to work.  The $400 stipend will not be enough to keep workers home in many cases, and they will return to work. The delay in that going out has very likely already sent many back to work. The Fed will continue to underpin the capital markets. Mortgage rates will remain at historic lows, move out from crime ridden cities will continue, and housing will boom-very big to help economic growth. Most important, the national mood of despair will turn more positive by late October. Trump gets reelected and R’s hold Senate.  Market goes up into 2021. The left wing will riot over election results, but then the cops will be able to act to control it maybe in some cities, but not Portland, Seattle, NY, Chicago, and San Fran where there will be more looting.

By early 2021 the vaccine is widely available and life starts to return to more normalcy. Travel starts to come back by late spring. Durham sends some big names to jail.  All of this will seem over optimistic to some, but if you remove your politics from the analysis you will see each of these things on its own are reasonable to occur. There is always the black swan circling, so nothing is for sure, but one must make decisions about investing and living your life, and it is time to take a view and begin to act. Everything changed last week. This does not mean the market will not be volatile into November, but the longer term trend is what matters. In late March I said stay calm and invested, and in early May I said you will be sorry if you are not already fully invested, and here we are.

Now I am saying it again, but watching carefully in case things reverse and Biden looks like he might win, in which case I am a seller in late October.  Across all my portfolios I am up 24% YTD by doing almost nothing. Just by being 100% all equity for the whole year, and 70% in big tech or tech related plus HD and WMT. My performance proves you do not need to be smart, or a good trader, to make a lot of money, and you don’t need a money manager if you have the right stocks and just are patient. My investing strategy is, buy stocks of a small number (13-15) of very good leading companies, take big positions to back what you believe in, go play tennis almost every day, and let the stock market take care of itself. 

There are some commercial real estate properties still marketable because they are use essential such as grocery, medical office, vet clinic, drug, etc. Some of these assets are trading at reasonable prices. Mostly there is no price discovery for other assets yet, and might not be for another 6 months, or maybe a year. Nobody can reasonably predict what 2021 will look like for anything until the election is behind us and there is a readily available vaccine. Who wants a gym, or a large retail center, or a major conference hotel right now. Not unless the seller gives it to you, and even then I am not sure you want a big box hotel to carry for who knows how long. Some forecast it could take until 2024 or 25 for the big hotels to get back to where they were in 2019.  Select service in drive to locations is a very different product, and some are worth buying. There are likely sellers who are now wishing to retire, and not have to rebuild the business in this environment who are sellers. They may have a very low cost basis and be happy to sell, and not risk higher cap gains taxes if the Dems win. The servicers are in no rush as they have already had to cover their obligations, and now just collect fees.

What will office look like in the next year or two. Very likely there will be partial remote and partial satellite offices, with a smaller NYC, Seattle or San Fran headquarters. The exodus from these destroyed cities is now a flood and growing.  Result is multifamily in these cities is going to have a tough year in 2021, as NYC already has record vacancy and rapidly declining rents. The flight from San Fran is now becoming a flood as tech companies tell staff they can work from home, or from a satellite office. This is not going to get better for landlords for maybe several years. Rents will not recover in major cities for a very long time, while in near and mid suburbs they are rising rapidly. Industrial and distribution  is the place to be.

There will be no full scale return of arts and entertainment in NYC for another 6 months to a year, and then who knows what it will look like. The restaurant business, one of the great attractions in NYC, is decimated. San Fran is a hell hole now, and Seattle is out of control, and going down the tubes as city council seems bent on helping crime thrive. Chicago is too dangerous for anyone to be in, with a mayor who has no clue, and NY rapidly catching up in shootings. Portland is now left to the radicals, and small business is being destroyed by bums using their doorways as their bed and toilet. Manhattan is quickly becoming as deadly as Chicago, and there is no punishment if arrested under Cuomo’s no bail law. Cities like Baltimore, Cincinnati and St Louis have become shooting galleries with cops being restrained and defunded by left wing idiot city councils. And in light of this, Kamala says she wants to take away your guns.

Consider this- all US combat deaths in Afghanistan in 19 years are 2,401. Just this year in Chicago, NY, Baltimore, St Louis, and San Fran, the US will be well more than half that many, or more, and of  that in 2020, and almost all will be young black men. So much for BLM and the brainwashed kids on campus who don’t get it. The tax bases in all these cities and states is being decimated, leading to a real crisis in diminished services and eventual inability of pensions to meet obligations. And given all of this, Biden wants to raise your federal taxes, and those of the employers.  I feel like I am living in an alternate reality. It is not even political. It is simple common sense. Taxpayers flee, so raise taxes even more on those remaining so they also flee, and it becomes a death spiral. Massive crime wave -defund cops. Kids are seriously harmed by not being in in-person classes, so teachers union says no in-person classes.

The Dems could not run a simple little primary in the upper east side by mail in ballots, the post office says they cannot assure on time delivery of ballots, so they want to make mail in ballots nationwide. It is like an SNL skit, only real. Have they all lost their minds. It is not that the proof that their thinking has not been proven to be totally wrong. Just look at what is happening. I will continue to hide out in the Hamptons and Longboat Key. In the Hamptons, it is likely schools will go to halftime to accommodate all the kids from the city who now live here. Real estate values in the Hamptons are moving up very quickly to numbers I find hard to believe as families move out of Manhattan. The more the Dem cities defund cops, and the more murder and mayhem happen weekly in Dem run cities, the more Trump goes ahead, the more he gets a portion of the black vote.

Obama Biden had 8 years to find a solution to the Mideast, but instead we got ISIS, and Iranian led terror using Obama’s $150 billion, Obama made it clear he had no love for Israel, and that final UN abstention vote in 2016 showed his disdain for our most important ally in the region. Was he influenced by Jeremiah Wright anti-Semitism that he was fed in church for 20 years? We will never know. What we do know is he strongly favored Iran over Israel and the rest of the Arab Sunni world, and Biden was right there with him.  By giving Iran everything it wanted, including $150 billion, the ability to buy weapons in 5 years, and a pathway to a nuke in ten years, Obama infuriated the rest of the Arab world and Israel. That made it impossible to get any real progress on any peace agreements.

Trump took the opposite approach. He began by meeting with all the Arab leaders first thing. He followed by moving the embassy to assure Israel. He ended the Iran deal to assure the Arabs and Israel where his interest lies. He killed Soleimani to eliminate the key person who had caused most of the death in the region. All of this created a trust atmosphere to allow real peace prospects between the Arabs and Israel by making Iran their joint enemy. It also isolated Iran to only have Syria as an ally, which is a liability. The UAE agreement is a giant step, not just for Israel and the UAE, but for the world. Now Iran loses its influence. Yemen will probably resolve with some sort of deal inside Yemen between the factions, and Iran will no longer get control of the strategically placed country. In addition, China has now lost their attempt to gain influence in the Arab world.  A major added accomplishment for the US. Russia is now isolated into Syria which is a drain on Russia for no real benefit other than a port for its navy.

There is no chance now of another Mideast war between the Arabs and Israel. That leaves Iran and Hamas and Hezbollah.  With Lebanon in collapse, Hezbollah is blamed for much of the corruption and difficult conditions there, so it is likely they will lose influence, with Iran unable to provide the financing they need to pay their fighters, and to undertake terror attacks.  Hezbollah is in no position to attack Israel now. Iran has had all of its bases in Syria attacked by Israel, and their attempt to gain position in Golan has been pretty well stopped. Turkey has also been set back in its attempt to lead Muslim nations in their effort to become a lead nation in that region. Bottom line.

What Trump has accomplished has completely changed the entire power structure of the region, and has brought hope to the younger generation of Arabs for a better life.  They are fed up with decades of war and poverty. They see what can be accomplished in Israel vs what their own leaders have done to them. The Palestinians who are simply pawns to be played with by everyone else, will now have a real opportunity to make a peace deal with Israel if Trump is reelected. I have no evidence this is true, but it is my guess that the whole Trump peace plan with Israel getting sovereignty over major parts of the West Bank was a negotiating ploy by Trump to have a key point to give away to the Arabs to make this all happen.

Probably the succession now is Qatar, Bahrain, Oman, Abu Dhabi, and Sudan go next, then maybe Morocco, then Saudi. The king needs to die and there is a full transition to the Prince before the Saudis come aboard. Once the Saudis are signed on then Iran is really done, and so is China in that region. None of this can happen under Biden who wants to reinstate the Iran deal and lift sanctions now crippling Iran. That would undo all that Trump is accomplishing. What we just witnessed was a complete reordering of geopolitics for the whole world. There is still the Syria problem, but that will take a few more years, and will mean Turkey will have to get removed from the area, and the Kurds will be assured a homeland. This was a truly historic deal.

Biden was the point man in Ukraine. Russia invaded, Obama Biden refused to give lethal weapons, Russia got a stronger position. They will never give up Crimea. Trump gave missiles to Ukraine and the Russian advance was stopped. Now there are discussions to bring some sort of possible settlement to that hot spot. Biden did, by his own admission, blackmail the Ukrainians to remove the prosecutor. We still do not know the whole story of that, and it is clear they were bribing Biden Sr with the payments to Hunter. Meantime Ukraine suffered war.

Lastly there is China under Obama Biden. Biden was the one traveling to China to negotiate with them. Result: In the eight years, China was able to take over the South China Sea, to get American companies to ship millions of jobs to China and become dependent on China for drugs and rare earths. China got away with massive espionage, and a buildup of its military while Obama defunded the US military to a point we could likely not defend anyone. Are we to believe Biden was not influenced by Hunter getting $1.5 billion of Chinese government money invested into his make believe private equity fund. Talk about conflict of interest and corruption. Does anyone really believe Hunter would have gotten $1 if not for the attempt to influence his father by China. Biden claims he knows nothing about any of this. Hunter just flew on his official  plane and he never asked why.

Under Obama Biden we had the slowest economic recovery since 1948, 2.3%adjusted for inflation, worst labor recovery in generations-unemployment did not drop to 4.4% until 2017, labor participation fell to 62.8% from 66.2%, and for prime age men it was the worst since 1948. Result, a lot of workers dropped out because they were given 99 weeks unemployment plus food stamps, plus other entitlements which was disincentive to return to work. A University of Chicago professor has calculated  the marginal tax rate to a worker as he earned more as the entitlement phase out rolled off was 48%, which he claims added to the length of the recession. Obama let fracking start but then put in all sorts of regulations that held it back from allowing the US to be energy self-sufficient, which self-sufficiency was key to giving us the ability to deal with the Arabs and Iran.

The slow recovery also forced the Fed to undertake a much larger QE program than would have been necessary had there been a normal robust recovery.  In 2015 we nearly fell back into recession were it not for the Fed actions. During the last six quarters of Obama Biden GDP grew at 1.9% -down from the slow average of 2.3%. So now Biden wants to raise taxes, add a lot of regulation, end fracking, replace all school buses, and phase out fossil fuels by 2020. His labor law proposals are totally pro-union and eliminate right to work laws. It would reflect the Wagner Act of 1935. He also wants to add a requirement that the Fed has to consider racial equality as a part of any decision on monetary policy. He also will have all sorts of regulations to allegedly deal with racial inequality, whatever that means,  instead of opportunity to have a good job with a growing economy as we had in the past three years. All this higher taxes and excess regulation while the world works to recover from the worst economic catastrophe in history. Just in case you wonder why I will get out of the market if he wins.

So here we are with the record of  dangerous failure under 8 years of Obama Biden, and the press claiming Trump destroyed US foreign policy when he just did a historic deal in the Mideast, and now they want to bring back Biden and Susan Rice to  make it all like it was. And I have left out Russia in all of this.  Forget your politics. Just look at the facts of who did what.

Several people who cared for their old parents through encroaching dementia and Alzheimer’s have emailed to say they see the exact same progression with Biden. A NY doctor has also said the same. There is no question at all now that he has early dementia, and it is progressing. They keep him hidden in the basement hoping he can last until November and then inauguration without everyone realizing it. The debates will end that façade. The story I heard that there is in place a plan to remove him, and have Harris become president, becomes more believable each time Biden is let out of his cave to speak. There is a reason there are no press conferences. They managed to hide Woodrow Wilson in his final year in office, but each week Joe will be more exposed. This election is all about Obama managing the process to have Kamala become president, and then to surround her with the old Obama team, with him as puppet master.

Who is Kamala. Attended a mediocre college, and law school, failed bar exam first time, passed second time, then got job as a junior prosecutor in Alameda. Met Willie Brown, 30 years her senior, but the most powerful politician in CA at the time. Began sleeping with him, suddenly got series of increasingly powerful jobs right up to be senator, and now potential VP and president.  Then she left Willie and, in time, married a white Jewish lawyer. At least she had the smarts to pick the right guy to sleep with to get ahead. That is how she got the nickname heels up Harris. She is cunning, but not smart.

The Dems are beside themselves over the post office mail in. They likely figured they could force Trump to agree to mail in, in order to get the stimulus passed, but he changed the game on them again. Now they are in freak out mode along with the press. They claim voter suppression.  Nobody is saying everyone can’t vote like always for 200 years. They can apply for absentee ballots if they are afraid to go to the polls. Polling stations can be open longer, or have more stations to have distancing. If I can safely check out groceries at the market, I can vote safely. If I can check into a hotel safely I can vote safely. The Dems encourage protests with mobs but it is not safe to vote in person. Fauci says there is no reason not to have in-person voting. Nobody is suppressed, but the media will replay that line over and over, along with Kamala is a moderate.  The post office was a disaster and poorly run until now so suddenly Pelosi is going to determine how it should be run. Badly as usual. All political BS.  I am sure the hearing will  be a rerun of what Barr had to endure.

Note that the polls are of “registered” voters. Not likely voters.  There is a huge difference, especially when there is little enthusiasm for Biden to get people to go vote. How many actually vote is what matters. That is why the Dems are so desperate to get mail in with vote harvesting. That is what the real game is.  The latest likely voter polls in 15 key states have the race dead even -1% difference. Just wait for the debates, more violent crime, and Durham, followed by August unemployment declines, and the $400 to begin arriving. In case you have not followed it, Durham is the US attorney appointed by Barr to find out what really happened in 2016-17 that resulted in the Mueller report, and the spying on the Trump campaign. Several senior Obama people are going to go to jail, and this will make Watergate look like child’s play. This is the biggest scandal in American history when it all comes out in September.

I have been reading “Citizens Of London”, the story major American leaders in London during the war and the decisions of FDR and Eisenhower and Churchill. It is amazing we won the war. Thanks to FDR we almost did not, and thanks to him, Stalin took over half of Europe and we had the cold war. FDR made such disastrous decisions one wonders how he was left looking like a hero when he cost the lives of millions, and the loss of much of Europe. It is clear he never really understood what was happening with the Jews, Stalin, war strategy and plans for the post war period. Eisenhower  made a terrible decision to let the Montgomery and the Brits push forward in France with a northern attack which failed, and created a situation that extended the war another 6 months, leaving  the Russians time to take over Poland and half of Germany. FDR abandoned Poland leading to thousands of deaths that could have been prevented.  Lastly the US air force refused at first to use British advances in fighters, and it cost the lives of thousands of US bomber crews. It was a fresh reality look at history away from the hoopla of winning the war. In all, not just because of the dreadful mistakes in WWII, but many other things, FDR may have been one of the worst presidents in history. He likely cost the world more lives than all presidents put together, and he left Stalin the ability to create the Iron Curtain.  You need to read the book if you are a history buff like me.
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