[Zach's] Stocks surged on Friday, capping off the market's best week of the year!
While Friday's Employment Situation Report came in lighter than expected (90,000 private sector jobs vs. the 175,000 consensus), it was sharply higher than the 27,000 private sector jobs that the ADP report had predicted.
Total nonfarm payrolls came in at 75,000 (that's a gain of 90,000 private sector jobs, but a loss of -15,000 public sector jobs). The unemployment rate remained steady at 3.6%, a near 50-year low. The biggest jobs creators came from Professional and Business Services with 33,000 new jobs (+498K in the last 12 months), Health Care with 16,000 (+391K in the last 12 months), and Construction with 4,000 (215K in the last 12 months).
As I mentioned on Thursday, a blowout jobs report would likely send the market soaring. But an underperforming report could have the same effect since it would increase the likelihood that the Fed might cut rates sooner rather than later.
Ever since the Fed suggested, last Tuesday, that a rate cut might be forthcoming, stocks surged higher. And Friday's jobs report gave the Fed plenty of ammo to follow through on that.
Traders were also watching developments regarding tariffs on Mexico. Optimism was growing on Friday that a deal would be struck and tariffs would be averted. And on Friday evening, that optimism was proven correct.
While that doesn't preclude the administration from using the threat of tariffs again in the future, it does remove the immediate threat of tariffs at this juncture, and gives the market one less thing to worry about.
[Daily Beast] One month after Joe Biden announced his run for president, several Fox News stars have already begun quietly pushing rumors that the 76-year-old ex-veep is in poor health.
Since the end of May, Fox Business Network and Fox News star Lisa "Kennedy" Montgomery and Fox News prime-time host Sean Hannity have speculated on-air, on at least four separate occasions, that the current Democratic presidential frontrunner is secretly dealing with health issues, often comparing his condition to illness-related conspiracy theories the network pushed about Hillary Clinton during the 2016 election.
The Biden rumor-mongering seemingly began May 29, during the broadcast of Fox News’ afternoon gabfest The Five. While assessing Biden’s candidacy, Kennedy claimed to know Democratic operatives engaged in a whisper campaign about Biden’s health.
"He is much more like Hillary Clinton, because if you talk to Democrats, who are working for different campaigns, all of the aggressive gossip whisperers‐and this is where the action is happening in terms of opposition research‐it’s people having a few drinks at a bar and whispering, ’You know there is something wrong with the former vice president,’" she claimed. "But that’s what they are actively doing right now. And it is surprising because they are concerned with taking Biden down and getting their candidate out there."
Co-host Jesse Watters, an avid Trump booster, pressed Kennedy to elaborate. "Don’t do it," co-host Greg Gutfeld joked to Kennedy, acknowledging the danger in openly speculating about Biden being sick.
The innuendo seemed to go over the head of Watters, however, as he took it upon himself to explain "the gossip" about Biden as involving his support from black voters. Gutfeld laughed, remarking: "I don’t think that’s what Kennedy meant."
"I was thinking more along the lines of Hillary Clinton having a lumpy overcoat in 85-degree weather," Kennedy explained, invoking a popular 2016 right-wing conspiracy theory fixated on a photo of Clinton wearing a wool jacket with a lump on the back while campaigning in warm weather.
"He looks healthy to me," Watters‐surprisingly‐replied.
[NYPOST] Chalk this one up to "everything is relative." Someone who admires Nancy San Fran Nan Pelosi Congresswoman-for-Life from the San Francisco Bay Area, born into a family of professional politicians. On-again-off-again Speaker of the House. It's not her fault when they lose, but it's her accomplishment when they win. Noted for her heavily botoxed grimace and occasional senior... uhhh... moments... and talks to her regularly assures me that, "She’s not one of the crazies."
The praise, such as it was, aimed to persuade me that the Speaker is not off the rails like the Democratic lynch mob forming in the House.
That’s good to hear, but then why does Pelosi keep talking as if she’s in a banana republic? Doesn’t she realize she’s playing a dangerous game guaranteed to tear America further apart and spark a tit-for-tat escalation?
Twice in recent weeks she jacked up the temperature on the crazies’ obsession with impeaching President Trump. First she accused him of engaging in a criminal "coverup" and then said she didn’t favor impeachment, she favored putting Trump "in prison."
In neither case did Pelosi detail what crimes the president of the United States committed that constituted a coverup or would be worthy of prison. It’s also significant that she made both comments after the release of special counsel Robert Mueller’s report that found no collusion and offered no conclusion on obstruction, with the attorney general ruling that there was no obstruction.
So what the hell is she talking about?
The explanation makes sense only in the bizarro world of far-left politics in the age of Trump.
Conventional wisdom holds that Pelosi’s eruptions are tactical moves as she tries to resist rabid impeachment dogs like Reps. Jerry Nadler, Maxine Waters U.S. Representative for California's 43rd congressional district, serving since 1991, a total of 27.523138196694298 years. A member of the Democratic Party, she is the most senior of the 12 black women currently serving in the United States Congress, is a member and former chair of the Congressional Black Caucus. Before becoming a member of Congress she served in the California Assembly, to which she was first elected back when Disco was in flower, in 1976, which would make it 42.52108480860395 years. She has been a politician for virtually all her adult life. If she was brighter she'd be a Communist... and Adam Schiff.
The tortured explanation amounts to a claim that Pelosi is demonstrating she hates Trump more than anybody, but opposes impeachment only because most voters don’t want it.
As a result, she fears it will be a dead end for Dems because there is nothing close to a two-thirds majority in the GOP-led Senate needed for conviction and removal.
A failed impeachment, her argument goes, would re-elect Trump and let the GOP take back the House and hold the Senate. In plain English, the Dems would destroy themselves in a bid to destroy Trump.
Posted by: Fred ||
06/10/2019 00:00 ||
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#1
but opposes impeachment only because most voters don’t want it.
And since when did that matter to "Pass the bill to find out what's in it" Nan and the Demofascist party?
[Amil Imani] With the arrivals of massive Muslims to America, our culture and our way of life forever altered. By now, most Americans know that Islam and the US Constitution are incompatible. Then what should be do? We, in the United States of America need to resist Islam’s encouragement while it is still gathering momentum, unless we wish to end up in the same fix as Europe.
For instance, to ignore the smoldering fire and relying on a few local "firefighters" to keep them from spreading is either naive or outright criminal, but it is certainly the easiest thing to do. That's why I have decided to fight the fire and I am calling for help to put out Islam, the source that raises arsonists -- the minority that they may be. It takes one arsonist to set a fire that a thousand firefighters will have difficulty to put out. The few Muslims who are brave enough to advocate reform of their religion are tossed out of mosques or, very likely, much worse.
We no longer can deny that Muslim jihadists live amongst us. It is only a matter of time before they show up and expose their aggression. Jihadists deem themselves the army of Allah. They use violence as an instrument of policy. This continues to be central to Islam. Muslim jihadists and their well-paid leftist apologists use the multicultural umbrella only in non-Islamic lands to shield themselves from the torrent of legitimate criticism that those who know Islam better shower on this cult of violence peddled as the "religion of peace."
You don't need to listen to me, and don't listen to these conniving dissimulators. Please search it out for yourself. See if the euphemism of multiculturalism is ever even mentioned by any Islamic leader, is ever printed in the Islamic press, or ever appears in any form whatsoever in Muslim countries.
The West has been tolerant for so long, but "tolerance in the face of evil is not tolerance, it is a crime." It wasn’t long ago, we were defending ourselves at the Gates of Vienna from a Muslim invasion. Now, we welcome Muslims with open arms and generous welfare policies. Any push back to these open immigration practices is labeled Islamophobia, racism, bigotry, etc. But, at what cost do these changes bring?
#1
The only thing that'll work is violence. Intimidation at a level that would make the holocaust seem like detention in Customs. American people are easily guilted into accepting shit by their leaders, their media. Look at what they did with blacks. You can't even say 'blacks' without triggering most white people.
The problem of America is the decline of individual character and integrity of beliefs. A sort of passive pan-theism has settled in after the rage of apologists atheists faded. There is a rising number of satanists in America today. The churches themselves were not much of an inspiration by themselves, local pastors and preachers going the sweet gravy train way and ending up as embarrassments or with bullet holes. Some gravitated to the 'Benny Hinn' model of capitalist cultism. It is understandable that some Americans feel the Bible is bust by now. But only by turning toward the God who established America can it be saved again. I know it sounds silly. And may not be hip and amusing, but it's life and death now. Individual people, men and women in Washington, working for law, health, schools, military...
They shall find the strength of character and wisdom necessary to fight this evil, and others plaguing America. Islam can then reform itself in it's own time. We won't have to care.
[American Thinker] The world media, except in the U.S., are awash in the depressing, deplorable, and disturbing revelations about Martin Luther King, Jr. David J. Garrow, King's friendly and liberal official biographer, revealed up to 45 sexual encounters by King and the observation of and encouragement by King of the rape of a church member by her pastor ‐ all supported by FBI surveillance tapes.
One FBI memo reported, "King maintains intimate relationships with at least three women, one in Atlanta, one in Mt Vernon, New York, and one in Washington, DC," making him susceptible to blackmail. He also had a longtime mistress in Los Angeles, wife of a dentist, in addition to his many one-night stands. It goes on and on. In 2010, Kentucky state senator Georgia Davis Powers recounted her intimate relationship with King in her book, I Shared the Dream.
Garrow also reported about King's "love child" with a girlfriend in Los Angeles, and King "continued to support this child" and called the mother every Wednesday.
When Coretta King complained about her husband's affairs, he told her she "should go out and have some sexual affairs of her own." According to one of my contacts, Coretta got fed up and went after Martin with a butcher's knife. He wrote me, saying, "I am from Atlanta, and my grandmother's neighbor was head of nursing at St. Joseph's Hospital [now Emory St. Joseph's]. One morning, she told my grandmother that they had brought MLK into the emergency room the night before because "Coretta caught him with another woman and cut him up with a butcher's knife."
#1
Amazingly similar to ongoing Soetoro and the 'Crossfire Hurricane' FISA warrant fiasco. No one wishes to touch his potential connection or knowledge. His image shall not, in any way, be tarnished.
#2
That idiot Hoover. WTF was he doing when he had him in the emergency room ? Playing spy with tapes and shit. Never actually did anything with it. If he had, America would be even far ahead of what it is today.
And what sort of half-hearted knife work was this by Coretta ? She was no Wakandan, I tell you.
#6
(1) Everyone knew he cheated, i don't think anyone is surprised by that revelation (2) Claims he cheerleaded a rape seem unlikely, especially considering the FBI failed to do anything about it when they could have locked him up at the time, smeared his name, or simply blackmailed him. (3) The report mixes the criminal rape info alongside the cheating info as if the two are somehow equal which is bizarre and tone-deaf and smacks of throwing mud at the wall to see what sticks.
So basically this is old news with a side of bullcrap that folks aren't buying. The real question is why?
#7
The stories have been out there for some time about MLK. The left doesn't like their icons tarnished after putting so much effort into apothesizing them to sainthood. Similar to the deification of JFK and all the Camelot nonsense.
#9
Global. Thermonuclear. War. Everybody seems to forget that the Cold War and nuclear weapons made certain decisions mandatory: If MLK, jr. could help transition from the Jim Crowe Era to something better without a 'servile insurrection' that the Commies could exploit, then let's do it!
#10
So he cheated on his wife, bad, but between him and his wife. No ones business but theirs. The rape thing sounds a bit like the Pee dossier. I'm not buying it.
Posted by: 49 Pan ||
06/10/2019 14:44 Comments ||
Top||
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
[Zach's] Stocks surged on Friday, capping off the market's best week of the year!
[Daily Beast] One month after Joe Biden announced his run for president, several Fox News stars have already begun quietly pushing rumors that the 76-year-old ex-veep is in poor health.
Congresswoman-for-Life from the San Francisco Bay Area, born into a family of professional politicians. On-again-off-again Speaker of the House. It's not her fault when they lose, but it's her accomplishment when they win. Noted for her heavily botoxed grimace and occasional senior... uhhh... moments...
U.S. Representative for California's 43rd congressional district, serving since 1991, a total of 27.523138196694298 years. A member of the Democratic Party, she is the most senior of the 12 black women currently serving in the United States Congress, is a member and former chair of the Congressional Black Caucus. Before becoming a member of Congress she served in the California Assembly, to which she was first elected back when Disco was in flower, in 1976, which would make it 42.52108480860395 years. She has been a politician for virtually all her adult life. If she was brighter she'd be a Communist...
[Amil Imani] With the arrivals of massive Muslims to America, our culture and our way of life forever altered. By now, most Americans know that Islam and the US Constitution are incompatible. Then what should be do? We, in the United States of America need to resist Islam’s encouragement while it is still gathering momentum, unless we wish to end up in the same fix as Europe.
