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Jamie Dimon of JP Morgan wants to invoke the Warren Buffett rule, that the rich and super rich should pay at least as high a percentage of their income in taxes as does the middle class.
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And yet today, Newsweek has reported that Nate Silver stated that Trump has pulled ahead in Michigan (by 3.4%) and Pennsylvania (by 2.9%). If that’s actually true…
Nate Silver’s Latest Projection Shows Key Swing State Shifts (msn.com)
Also, he just got the edge in North Carolina…
Donald Trump Gets Edge in North Carolina as Democrats Lose 7% of Voters (msn.com)
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This is the single most unreported / underreported story in 2024.
Let’s be serious for a minute. Our country needs and receives a legal influx of immigrants who are true Americans and work within our immigration laws. No one denies that, no one objects to it, least of all Trump or Vance (both married to legal immigrants or the first generation child of immigrants) or anyone else on the right who employ legal immigrants.
That’s not what we’re talking about here. And after all, we all came here from somewhere else.
Kamala Harris had one job. Just one. Protect the border. Our senile President, the man that absolutely everyone knew had lost both a step and his marbles prior to his ascendancy, Joe Biden, put his Vice President in charge of the border. And it was a tough job. Trump handled it like a tough man would, by fiat and executive order to the extent that he could, with a completely uncooperative Congress and Democratic party who benefited from illegal immigration. And he reduced the influx.
And Harris took over. And illegal immigrants poured through the border while the VP did nothing. Didn’t even visit the border. Chanted about “no deportation” and expressed her desire to defund both the police and ICE. She was the first Democratic presidential candidate in early 2020 to drop out of the race after the New Hampshire primary…for very good reason. She received just 129 votes. Heck, Donald Trump received ten times that many (1,217) as a Democratic write-in candidate!
The number of illegal immigrants on the non-detained docket soared from 3.7 mm in FY21 to over 7 mm in FY 23. Thanks, Kamala.
And slightly more than half of all Americans want her to be President. To run everything.
Do you want her finger on the nuclear button? To run our economy? To keep us safe?
Ho. Ho. Ho.
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The theory behind this Gallup poll is that whichever party is seen as the leader on the most important problem (or two) facing the country ends up in the White House. It’s been that way, without fail, since 1948. If it were Harris, it would be the first time in 20 presidential elections since WWII to counter the phenomenon:
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If you get a chance, take a look at Peggy Noonan’s article from last week. Title is “Kamala Harris is an Artless Dodger.” Subtitle is “She evades every question of substance, leaving voters a choice between Awful and Empty.”
She gets a few tough questions in the MSNBC interview, and Noonan quotes her responses in full. They are, in short, nonresponsive. Noonan poses the question we all ask ourselves, which is “Why does KH dodge from clarity? Why doesn’t she want the public to understand her thinking?”
And Noonan shares her three guesses:
- She’s not interested in policy.
- She’ll figure it out later. Sentiment unites, while specificity divides.
- She doesn’t want you to understand how progressive she is.
I’m going to add two more:
- Because she’s not that bright, or let’s be charitable and say she’s not a deep thinker. Not saying she’s not a good prosecutor, but the few economic policies she cited were…whew. And she clearly doesn’t want to answer questions about immigration and why too much is bad. Double plus ungood. Which leads to the second one…
- Because she can’t take criticism and is even more thin-skinned than Bad Man Orange. If you watch her reactions to the criticisms, her face looks just like Dan Quayle’s in his debate with Bentsen when the moderator asked what he would do if he were President. Answer is the same for both candidates: they don’t know. And her thin-skinned attitude is, shall we say, not uncommon among prosecutors. I know one prosecutor, he’s been an Asst DA for eight years (Stanford guy). I asked if he was ever worried or concerned that he’d potentially sent someone innocent to prison. He was very confident. “Never.”
Anyway, bottom line for Noonan: If the choice is between Awful and Empty, you have to go with Awful. Because Empty means trouble. We need a rudder, and she offers a national gamble based on insufficient information, an unpredictable regime, perhaps an extreme one. On the other hand, the republic didn’t fall in the four years that Awful was President. Institutions held, Constitution is still secure.
And while I’m ranting, eight more thoughts:
- 90 people quit working for her. That says something.
- She’s running as the “candidate of change” and blaming Trump, when Democrats have had the White House for three of the last four presidential terms.
- She flip-flopped on no fewer than 13 separate Progressive stances and she flip-flopped, as Bernie Sanders says “she has to say those things to get elected.”
- She did her formative political years in Berkeley/SF/California.
- No one voted for her.
- She’s been voted the worst Vice President.
- She was named the “Most Leftist Senator” by GovTrack
- Her choice of VP is a hollow joke.
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And now, September’s future consumer confidence is at a three year low…expectation was 104, but it’s down to 98.7, the weakest since July, 2022 when it was 95.3.
Present consumer confidence is 124.3, weakest since March, 2021.
September consumer confidence falls the most in three years | Watch (msn.com)
Manufacturing saw its 11th consecutive decline. Business services has gone down 31 months in a row.
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I like to read British news because American “news” media is so polarized, whether it’s Fox, CNN, MSNBC or one of the networks.
The Daily Mail’s most recent survey indicates that Trump opened up a 10 point lead in their model, giving Trump a 55.2% chance of victory and Harris a 44.6% chance (slim chance of a tie).
This is a four-point increase since Monday and nine points over his post-debate low.
This is given Harris’s incipient weaknesses in Pennsylvania, Michigan and Wisconsin. She has to win all three of those states to win the election. Right now, the model gives Trump a 58% chance of winning PA.
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I am not moved by polls, but it’s amazing to me that the Democrats haven’t been skewered more for the Biden subterfuge. His decline is profound and absent the early debate they would still have the charade carrying on. Harris herself has looked better in debate and interviews than I expected. Even the “word salad” moments she has had haven’t been as bad for non partisans. Right wing memers jumped on her closing statement with Oprah but it wasn’t as bad as they wanted it to be. Empty? Yes. Incoherent? Not really. but what do I know? I grew up in a middle class family.
Were both your parents PhD’s as well? :-P. KH is the first middle class person I’ve ever met with two PhD parents…
She was born in Oakland, but lived in Berkeley…not Oakland. She didn’t live in Oakland until she was a young adult. And at age 12, Harris moved to Westmount (Montreal) one of the wealthiest neighborhoods in all of Canada.
Incidentally, during the Democratic National Convention and the obligatory screen show of her childhood home, the screen read “East Bay” not “Berkeley.”
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A pollster named David Miller points out that it requires an enormous number of outreaches to conduct a poll. In Florida, it took 90 dials to get one response. He refers to it as “convenience sampling of those consenting to give us their time and opinions.”
In other words…polls are largely nonrepresentative, and therefore BS.
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As semi-expected, the Fed leapfrogged a 0.25% rate cut and enacted a full .50% cut in the benchmark Federal Funds rate.
The Dow and S&P are up about 1/2% at this writing, NASDAQ is up nearly a full 1%. We’ll see if this sticks. What will be most interesting is what happens at the next Fed meeting. Will it be another 1/2% rate cut, or will they cut a mere 0.25%?
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Obviously neither of these guys are Trump supporters. That doesn’t mean they are liberals — which was clearly my point, since Mick said “Dems” are shooting at Trump. I don’t know how you missed my main point, which I made multiple times, that “the Dems” are not shooting at Trump. Apparently the guy from yesterday recently registered as a Democrat somewhere, but was Nikki Haley supporter and voted for Trump previously.
Routh didn’t vote for Trump. He didn’t vote at all in the 2016 election. He’s registered as a Democrat, and like the previous shooter had made a donation to a Dem cause. Routh, specifically, made 19 separate donations to Democrats in the 2020 voting season (he lived in Hawaii and supported fellow Hawaiian and Democrat Tulsi Gabbard). He voted in the 2024 Democratic primary…doesn’t really scream that he supports Haley.
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Biden has been even more hawkish on China than Trump, by far. That includes some targeted tariffs on certain things like EVs. Trump, on the other hand, is proposing an extremely inflationary agenda: He wants to raise tariffs on all manner of goods, including items not produced here. That means consumers will be paying a heavy price if they want something from China. He also wants to deport tens of millions of immigrants. Whatever you think about the border, deporting millions of low wage workers is going to put huge inflationary pressure on many industries and business throughout the country. Like he did in his first term, he also will pressure the fed to lower rates significantly. That’s nice for some people, but if not done at the right time, it can promote inflation. During his first term he also increased the money supply substantially, resulting in inflation that kicked in just as Biden was taking over. Biden didn’t do himself any favors and spent too much, as well. But if Trump acts like he did in his first term, and implements the policies he’s proposing in his second term, we will be in for another round of major inflation.
Three things I really, really liked about your post:
- You admitted that Biden implemented a more dramatic sales tax than Trump, a/k/a tariff. Incidentally…America is onshoring and nearshoring the manufacturing it exported overseas starting in the Clinton administration. More goods are being manufactured in Canada (and Vietnam and other non-Chinese Asian countries) and many more are being built here. You don’t want inflation? Buy American.
- Your implied, tacit acknowledgement that illegal immigrants cost American citizens jobs. Most lefties don’t admit that, but you acknowledged millions of low wage workers.
- You didn’t even mention COVID when you noted Trump’s money supply increase, nor did you mention that velocity reduced during COVID. And you also didn’t mention that Biden not only didn’t reduce money supply, he continued to increase it from the day he got into office until March 2022. And while we’re on the topic…money supply has been increasing since October 2023…just in time for the election.
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This is an example of Trump’s lack of discipline. Whether he was kidding or not, saying nothing is better than alienating people, especially people with a significant following (and who is dating someone who may not agree with her political leanings). She is friends with Patrick and Brittany Mahomes, who are devout Christians, and Brittany has already given Trump a statement of support. Just shut up. Or if you’re kidding, make sure everyone knows you are kidding.
Agreed. His personality, he just pisses people off. If he dialed it back 20%, he’d be President. If he’d picked Nikki Haley as VP — and Nikki would have wiped the floor with Walz and boosted his vote take with women by 10% — he’d be President. Right now…coin flip.
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Based on the subject line (imaginary people), I assumed this post was going to be about Haitian immigrants eating cats and dogs.
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“The only people who benefit from inflation are governments who are in debt.” Actually, anyone who is in debt. Homeowners who are leveraged to the hilt, if they can control their profligate impulses. Inflation will bail them out.
Assuming their interest rate is fixed and not adjustable, right?
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