March Rant. (See 1 below.)
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Another gem from one of my oldest, dearest friends and fellow memo reader:
"In the book of Genesis "Seth lived 912 years . . ."He did not play tennis.
Please be careful. G-----"
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Trump's CPAC rambling address followed what Bossie and Lewandowski outlined for us when they appeared here at The SIRC's PDD. Saturday, Trump touched on every reason why he expects a 2020 victory. He gave a typical, off the cuff, sometime scripted non-presidential self-aggrandizing random march through his accomplishments and efforts on behalf of Republican Senatorial candidates and the nation.
He highlighted our own Senator Perdue who is going to be up against a well financed effort to defeat him in the guise of the previous losing gubernatorial candidate, Stacy Abrams.
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The one advantage Democrats enjoy is they always march in lockstep like robots.
Lately, however, several vulnerable Democrats are breaking ranks and defying Pelosi, who is warning them they will pay a price. They also resent AOC's hubris threat that she is taking names. What AOC does not realize is she is coming across as a fascist dictator with this dumb remark but she personifies The Democrat party of today.
Bassie and Lewandowski also told us wait til the real campaign begins and the Democrat's announced candidates start attacking each other and watch the blood flow.
Consequently, Trump has several advantages as well which cannot be denied such as economy that is doing well, employment statistics that are home runs and other accomplishments that cannot be denied though the mass media are unwilling to report. Stay tuned because it is going be a long year and a half.
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Dick
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1)Just released data. Consumer confidence has returned to very high levels now that the elections and shutdown are over, and it is clear the whole collusion story is coming to an end. Housing is looking much better as mortgage rates are back to ultralow levels of 4.35%, home prices are stabilizing and wages are rising. Wage growth continues to improve to better than any time in ten years. Job growth and job security continue at near historic levels. The Fed is not going to increase rates for a long time. The stock market has had a sizzling start to the year. All in, things are pretty stable and growth continues. 3.1% for the past year is very good, and achieved the target Trump set of 3% growth. A recent survey of corporate executives showed almost nobody now expects a recession in 2019. So much for the recession blather from analysts and talking heads in December. There are risks and headwinds, however. China continues to slow. The EU is close to recession, and may fall into one if they don’t get together on spending, a trade deal with the US, Brexit, and sorting out the dysfunctional politics. It seems that there will be a delay in Brexit, but it is unclear what that accomplishes other than to continue the uncertainty, which is never good for economic growth. Both sides seem more dug in than ever, so what is going to change during a delay? Luckily the US is not export dependent, and exports of oil and gas are rising rapidly now that Trump has opened that up.
One thing is very clear- there are now only two economies that matter- China and the US. Everyone else is basically irrelevant to where the world economy goes from here. In a few years it will still be China and the US, but India might start to be an effective player if they can ever reduce the negative impact of the crushing bureaucracy and corruption. It is not that the rest of the world does not impact things, but they just do not drive the world economy the way China and the US do. If Trump and Xi do make a real deal, and it if it really does change the whole IP and market access issues, then the world has an opportunity to see renewed growth and prosperity. We will know soon. If a deal does get signed with China which really changes trade terms and IP, and access to China, then the whole world wins and the stock market takes off. Now is the time to decide to take the risk on equities and bet there will be a good deal, or not. Chinese stocks will soar if there is a deal. If there is no deal the market tanks. Xi is not coming to Mara Lago to do no deal.
Compare Trump walking away from Kim, to Obama/Kerry being desperate to do a deal and rolling over for Iran. There is the whole difference. Regan walked from Gorbachev, and in the end we saw a good deal, and the end of the cold war. With Obama/Kerry we saw Iran being paid $150 billion up front to fund their continued terror funding, and a much worse mess in Syria. The other very important thing out of Hanoi is the message to Xi and Iran that Trump is not Obama, and will walk away. It is clear now that there is a real chance for a good deal with Kim later, now that he sees he is not dealing with a weak and desperate president. I have done this in business deals, and it is always a shock to the other side when it happens and resets the negotiations. They were close to a deal, but, just as with the Soviets, they now need to recalibrate and decide that if they want to have a deal, it has to be on terms the US demands. Regan changed history by walking away, and Trump has an opportunity to also change history for the good. Kim thought he could do what his father did several times in the past, and suck the US into a partial deal that was later to be reversed. It was be interesting to hear Schumer now- he insisted Trump not fold, and he did not. Now he praises Trump for not doing a deal. Pelosi of course was critical. Bottom line, Trump has reset geopolitical negotiations, and it is exactly the right message to the world. There is a new sheriff in town, so don’t screw with me. Obama is gone. The walk away will turn out to be a huge game changer for good. Kim has already said he wants another meeting. Xi is coming to Mara Lago.
Virtually everyone, except of course the kid from the Bronx and her Muslim buddies, thinks Trump is handling Venezuela exactly correct. He did the right thing with Kim. China seems to be coming around to a deal we want. NAFTA got redone. ISIS is defeated. Putin has not invaded anywhere else. Syria seems to be stabilized for the moment and Israel is blowing up Iranian bases there with our support. Yet the press and the Dems continue to say Trump has no foreign policy and everyone hates him. Compare that to Obama who let ISIS form, let Putin invade Ukraine, let Syria happen and let 700,000 people get massacred,, let the 2009 revolution in Iran get crushed, let N Korea develop nukes, gave Iran $150 billion cash to further their terror plans, and let China steal massive amounts of IP.
I spend some time almost every day communicating with a group of very highly educated people who are very concerned with what is happening on campus. What has happened is helicopter parents and teachers have made the kiddies think they are only winners, and that has led to kiddies thinking that anyone who criticizes them is an oppressor, hater, racist or the like. There is no lesson about losing and the need to do better and try harder. Professors are 90% leftist, so this mentality of dogma and identity politics is what the kids learn. What we now have on campus, and now in Congress with the bartender from the Bronx and her two Muslim friends, is this narcissistic approach where the ex-bartender thinks she is now “the boss” in her words, and she has said she is making a list of other Dems who do not toe the line who will then face retribution in the primaries. Kids get trophies to just show up to contests of all sorts. Nobody is made to feel like they lost. The huge problem is, we all lose when kids are taught there are no losers. How are the kiddies going to learn life is sometimes tough, there are always winners and losers, and you have to work harder to get ahead and bail yourself out. Mommy, or the dean, or the Office of Equality is not going to be there to make you feel like a victim and give you sympathy. We are turning out a large group of uneducated, self -absorbed, narcissists. Everyone is a victim. Just this past week a housemaster at Harvard, who is a black accomplished lawyer, was retained by Harvey Weinstein as a part of his defense team. On cue, the black and female students in the House revolted and demanded he be fired from Harvard for representing Weinstein. The university agreed to investigate the issue, instead of reading the constitution to the kiddies. They never read the constitution which says everyone has a right to due process and competent counsel no matter how odious they may be. See link below. A conservative kid manning a table at Berkley, with conservative literature, was beat up for manning the table, and the attacker was filmed and identified. They still have not arrested him. At Oklahoma Wesleyan there was a chapel service where the minister gave a homily on love. A student claimed he was victimized because the homily made him feel bad. The president of the University told him this is a university, not day care- go to school elsewhere so you can feel victimized. A CA professor stated publicly that someone should kill Trump. He was reprimanded, but not arrested or fired. This is just a small part of what is happening on campus just this week. You have no idea what has happened to academia. Now everyone is a victim, and any group who makes up some absurd reason that they imagine they are being “victimized’ by some racist or white male oppressor. This is the environment the bartender from the Bronx and her two anti-Semitic Muslim friends come out of. It is why she gets airtime despite being totally ignorant. The Dem candidates jump on her insane policy ideas because they are afraid the kiddies who now vote, also think like her, and so they pander to this insanity, instead of having any principles. This is what is coming out of college now and you better be prepared, because it is very dangerous as we see from the Harvard case where the university has ignored the constitution. This week at the Cohen hearings one of the Muslim women accused Mark Meadows of being a racist because he invited a black women friend to the hearing. The woman is a senior staffer in a federal agency and a Trump supporter who happens to be black and a friend of Meadows. This is what happens after indoctrination at college. Every white male is a racist. Turns out Meadows has some black family members. Open this link to see the latest outrage on campus.
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