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TRUMP'S SELF-PROMOTION IS DAMAGING THE GOP

With every bit of news demonstrating a Democrat conspiracy to interfere with a presidential election, Trump seems to be re-energized and bizarrely demands a judicial coronation or an electoral do-over.

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Facts…

(1)  You cannot prove a counterfactual like “If nefarious actors in the Democrat sphere of influence hadn’t altered election laws, committed massive election fraud, and suppressed news about Hunter Biden’s laptop, Donald Trump would have been elected President of the United States, and America would have been a different place. No matter how logical or probable this sounds, it cannot be conclusively proven to a certainty.

(2)  Other than the Electoral College procedures and the proper challenge of electors in a joint congressional session, there is no legal means to challenge the outcome of an election. That the Democrats may have created a false flag operation to interfere with the legitimate consideration of alternate electives is not dispositive of an alternative outcome. Even if election results were decertified and electors were withdrawn at this point in time, there is no way to implement a constitutional remedy – even if Congress were to be empowered to vote on the matter.

(3)  That numerous court cases were dismissed for lack of standing, timing, or procedural issues likewise is not dispositive as to an alternative election outcome as the Courts do not have the constitutional authority to overturn a presidential election or order a new election.

(4) No constitutional authority exists to nullify an election, remove a sitting president and his administration from office, and hold another interim election. Outside of death and Twenty-fifth Amendment incapacitation, Biden will remain the President of the United States.

(5)  Trump is materially damaging the GOP and jeopardizing the 2022 midterm elections by making everything about Trump and giving the Democrats a target to campaign against rather than their horrific record and the rapid, disastrous decline of the United States, militarily, economically, culturally, and constitutionally.

Bottom line…

There is no guarantee that the GOP will take both the Senate and the House. It would be better if Trump concentrated on highlighting the failure of the Democrats and the damage caused to the United States by constantly screaming, “look at me, look at me!”

We are so screwed.

-- Steve

DeSantis-IMPROVED-TRUMP


“Nullius in verba.”-- take nobody's word for it!

“Beware of false knowledge; it is more dangerous than ignorance.”-- George Bernard Shaw

“Progressive, liberal, Socialist, Marxist, Democratic Socialist -- they are all COMMUNISTS.”

“The key to fighting the craziness of the progressives is to hold them responsible for their actions, not their intentions.” – OCS

"The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius

“A people that elect corrupt politicians, imposters, thieves, and traitors are not victims... but accomplices” -- George Orwell

“Fere libenter homines id quod volunt credunt." (The people gladly believe what they wish to.) ~Julius Caesar

“Describing the problem is quite different from knowing the solution. Except in politics." ~ OCS


THE PROBLEM AT THE FEDERAL RESERVE: COLOR OVER COMPETENCE

The fundamental truth about the privately-owned Federal Reserve…

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Imagine the decision-making powerhouse if you could use affirmative action to staff the Fed with queer black females.

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Fed tackles inflation with its most diverse leadership ever

When Diane Swonk first attended the Federal Reserve’s annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women who attended the event. It barely filled a single table.

Now, the “Women at Jackson Hole” happy hour draws dozens of female economists and high-level decision-makers, from the United States and overseas.

“I’m just glad that now there’s a line for the ladies’ room,” said Swonk, a longtime Fed watcher who is chief economist for the accounting giant KPMG.

[OCS: I am unaware of any economic theory containing color, penises, and vaginas in equations or a decision matrix.]

It’s not just at Jackson Hole but also in the Fed’s boardroom where its leadership has become its most diverse ever. There are more female, Black and openly gay officials contributing to the central bank’s interest-rate decisions than at any time in its 109-year history. Many are also far less wealthy than the officials they have replaced.

[OCS: Selecting Federal Reserve leaders by their intersectional identities does not produce better decisions as each of these individuals tends to look through the prism of their own identity and skew decision-making towards pandering to that identity. We cannot run an economy based on the poorest and most disadvantaged but on those who are the best and brightest – with a rising tide lifting all boats. As for being less wealthy, it is a temporary condition remedied by trades on insider information and access to investments not available to the rest of us. With financial institutions paying outsize speaking fees, first-class expenses, and gratuities for a canned dose of economic doublespeak.]

Over time, economists say, a wider range of voices will deepen the Fed’s perspective as it weighs the consequences of raising or lowering rates. It may also help diversify a profession that historically hasn’t been seen as particularly welcoming to women and minorities.

“Broadly, that’s helpful,” said William English, a former senior economist at the Fed who teaches at the Yale School of Management. “There’s evidence that diverse groups make better decisions.” <Source>

[OCS: Competence and understanding drive better decisions, not diversity and posturing.]

 

It's not magic...

FedwatcherLook for rates to be raised between 75-basis points and 100-basis points in the next Fed session. Or if they are more aggressive between 125-basis points and 150-basis points. The next meeting will be held on September 20-21 and is likely to be influenced by the upcoming midterm elections on November 8. 2022.

Bottom line…

Unfortunately, politicians nominate individuals to pander to their core constituencies, with competence an afterthought as an unexpected bonus.

Our economy is driven by supply and demand -- and the classic definition of inflation is too much money chasing too few goods.

We have a supply problem.

Yet you do not hear the Fed screaming about the amount of money being artificially created and pumped into the economy by profligate congressional spending, primarily targeted at special interests who can provide campaign funding and support.

Nor did they say much about paying extended unemployment benefits and Covid relief payments in excess of a worker’s wages. Why work to produce goods and offer services when you can take a government-paid vacation?

I heard nothing about the unions that were bolixing up the supply chains. Or the government killing the energy sector.

So why are the Fed asswipes hiking rates to curtail demand when they should be curtailing spending and lowering taxes to increase supply?

Simple answer: they are primarily progressive communist democrats who are isolated and immune from the consequences of their actions. And, of course, they are owned by financial institutions that profit from inflation and their ability to buy distressed assets with cheap inflationary dollars.

I cannot remember when the Fed told the American public the truth: inflation is another tax on the consumer as their purchasing power declines. Or a more elemental truth that somebody always pays the debt – if not the borrower, then the creditor, and in the final analysis, the consumer/taxpayer.

As for global affairs, it is our sanctions causing Europe’s energy crisis, and it will be the American taxpayer who foots the bill. Why are we sending billions of dollars to corrupt Oligarchs in Ukraine, one of the most corrupt nations outside of Africa? 

By the way, can you name another country that taxes its citizens to ship free money to other nations, even those hostile to America? And before you say China, they demand collateral and foreclose on unpaid loans!

The idea we need a woman, a gay person, a trans person, and a pedophile to generate effective monetary policy is ludicrous and insane.

We are so screwed.

-- Steve


“Nullius in verba.”-- take nobody's word for it!

“Beware of false knowledge; it is more dangerous than ignorance.”-- George Bernard Shaw

“Progressive, liberal, Socialist, Marxist, Democratic Socialist -- they are all COMMUNISTS.”

“The key to fighting the craziness of the progressives is to hold them responsible for their actions, not their intentions.” – OCS

"The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius

“A people that elect corrupt politicians, imposters, thieves, and traitors are not victims... but accomplices” -- George Orwell

“Fere libenter homines id quod volunt credunt." (The people gladly believe what they wish to.) ~Julius Caesar

“Describing the problem is quite different from knowing the solution. Except in politics." ~ OCS