Category Archives: Constitutional Crisis

NATO, Does it “Trump” our Constitution?

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President Trump and Tucker Carlson have been lambasted by the liberal and Neocon media for even questioning the relevance of NATO today and whether the NATO Article 5 “Collective Defense” is in America’s best interest!  NATO’s Article 5 make it MANDATORY, by treaty, for the US to defend any NATO member(s) if that member(s) invoke Article 5 if attacked by another nation.  NATO was originally founded as a counter-balance against the former Soviet Union and its Warsaw Pact.  With 29 member nations now in NATO, and the Soviet Union no longer in existence, and many of the Warsaw Pact nations not NATO members, is NATO still relevant and does the sheer number of its member make peace LESS likely?

The President and Carlson discussed whether the US has a National interest in defending the tiny and recently added to NATO country of Montenegro!  This country was used as an example and the list of countries could include other NATO nations such as Turkey, Albania, Croatia, and others.  Expanding the NATO membership exponentially raises the risk of the US being involved in a military conflict that is not in our interest.

Take, for example, if Turkey, a NATO member, who is buying sophisticated anti-missile systems and other offensive weapons from RUSSIA, claims that the Iraqi Kurds, attacked Turkey and then invoked the NATO Article 5 Common Defense clause AGAINST IRAQ since the Kurds are part of Northern Iraq!  The Kurds were and still are ally and have been instrumental in our eradication of ISIS in North Eastern Syria!.  

What happens if two NATO nation attack each other?  Which one do we defend if both invoke Article 5?  

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The media set their hair on fire again citing that all of the NATO nations responded to our invoking Article 5 following the 9-11 attack!  Seriously?  Many sent NON-COMBAT support to Afghanistan rather than send in combat troops as indicated by Article 5.  Article 5 inherently calls for military support, not clerical or policing support.   Further, the whole existence of NATO was to act as a counter-balance to the old Soviet Union.  It is curious that the only time Article 5 has been invoked was after an attack on the US by radical Islamists, not Russia!

NATO (North Atlantic Treaty Organization) was created on April 4th, 1949, some 70 years ago!  NATO began with only 12 member nations including, Belgium, Canada, Denmark, France, Iceland, Italy, Luxembourg, the Netherlands, Norway, Portugal, the United Kingdom, and the United States.  Today it consists of 29 countries including Turkey which is rapidly becoming a belligerent Islamic Dictatorship under President Erdogan with increasingly anti-west views. 

With each new member, NATO increases the potential for one of its members to be attacked in some manner by a non-member and thus drawing NATO and by extension, the US into an armed conflict.  For example, if Ukraine had been a member when it was attacked by Russia under Obama, the US and NATO may have had to directly engage Russia in an open conflict.  Rather than the US having the option of negotiating with Russia, the military option may have been the only option.

Can the US Ignore an Article 5 Invocation by a Member Country?

Constitutionally the President could decline or ignore NATO’s invoking of Article 5 if the President did not believe that joining an armed conflict would be in the US best Interest.  Why is this Constitutionally possible?

  1. Supremacy Clause:  You have probably heard of the Supremacy Clause of the US Constitution.  This clause is spelled out in Article VI, Clause 2 of our Constitution.  It reads, “This Constitution, and the Laws of the United States which shall be made in Pursuance thereof; and all Treaties made, or which shall be made, under the Authority of the United States, shall be the supreme Law of the Land; and the Judges in every State shall be bound thereby, any Thing in the Constitution or Laws of any State to the Contrary notwithstanding. “  This means that all Provisions of the US Constitution, and Laws enacted by Congress, take precedent over all treaties made.  In short, Treaties such as NATO can be overwritten by a provision or power specified in the Constitution or a power granted under a law enacted by Congress.
  2. President as the Commander-in-Chief:  Article II, Section 2, designates the President only as the Commander-in-Chief of the armed forces and as such can withhold the deployment of its troops even if provided for in any specific treaty, such as NATO.  Article II, Section 2 reads: The President shall be Commander-in-Chief of the Army and Navy of the United States, and of the Militia of the several States, when called into the actual Service of the United States;…

So, the President can withhold our troop deployment even if a NATO member invokes the NATO Article 5 call to arms.  There is no doubt that the left-wing media and the members of Congress on both sides would beat their collective chests and decry such an executive decision by the President.  They would all be joined by an outcry of the other NATO nations.  But, the founders intentionally placed the Constitution and the duly enacted laws of the Federal Government above Treaties and placed the ultimate decision to wage war in the office of the President, period.  Even if Congress enacted a law requiring the President to unconditionally engage troops if a NATO member invokes Article 5 this law would be deemed unconstitutional by any originalist  Supreme Court.

Why are These Safeguards Important?

Well, if Turkey moves even further towards a radical Islamic State in the mold of Iran, and then attacks Israel, Jordan, or Kurdish Iraq, and then invokes the NATO Article 5 clause when one of these nations or groups counterattack Turkey, the President could deem our national interest to be more aligned with Israel Jordan or Kurdish Iraq.  Presidential Commander In Chief Constitutional powers TRUMP the NATO treaty!  These Presidential powers also extend to our membership in the United Nations, the World Trade Organization and other international agreements.  WE THE PEOPLE STOPS AT OUR SHORES!

Ultimate Sovereignty:  The founders never intended to cede to any foreign power, or groups of foreign powers, sovereignty over the people of the United States.  Their experience with the heavy-handed King George IV of England was enough to convince them to never cede sovereignty over to anyone! 

God Bless the Founders of this Country and the forethought they put into writing our Constitution.

RD Pierini

@RDPierini

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Trump Personal Lawyer Raided by FBI/Rosenstein! Rosenstein Must Go!

Who is Running the DOJ!

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Rosenstein, Deputy Attorney General, is unabashedly targeting President Trump by using Special Council Mueller to sniff out idiotic, non-Russian Collusion related charges!  Today, the office and residence of Trump’s PERSONAL attorney, Michael Cohen, was RAIDED BY THE FBI following a referral by Robert Mueller.  You can Be Mueller received a blessing from the traitor, Deputy AG Rosenstein.  Cohen’s attorney, Stephen Ryan, made a statement today. “Today the U.S. Attorney’s Office for the Southern District of New York executed a series of search warrants and seized the privileged communications between my client, Michael Cohen, and his clients.”  (President Trump is one such client!)  

Fire Rosenstein Now!

I have been reluctant to advocate that Trump clean out the Department of Justice and FBI top management but it is time.  Rosenstein knows his time is limited and will light as many fires around Trump as possible in the interim.  Gutless Attorney General Jeff Sessions will not step in and cut off the Mueller Investigation that will stay the course until his royal highness Mueller finds something that at least looks fishy.  Trump is getting crucified by the press every day anyway, he might as well give them something real to squawk about by firing these treasonous public officials.

Rosenstein signed the 3rd extension of the FISA warrant on Carter Page that was used to tap into the Trump Campaign and post-election Trump teams.  Rosenstein extended the memo that authorized the initial Mueller investigation then expanded that mandate to include reviewing Trump campaign manager Paul Manafort’s lobbying efforts for the Ukraine et al.  This expansion was DONE A WEEK AFTER THE FBI DID AN EARLY MORNING RAID OF MANAFORT’S HOME.  

Swamp Coup d’état

You are witnessing a swamp Coup d’état to force President Trump out of office.  Any Republican was not supposed to win in 2016 but Trump is really not acceptable to the swamp as he is unraveling all of the Progressive Left’s policies and regulations.  But, the swamp knows how corrupt they are and how they covered up all of the Obama and Clinton illegal activities.  There is NO LIMIT the swamp and the swamp leader Mueller will go to undermine this Administration and the American voters who selected Trump as their President. 

Be ready to stand up and take back our Country.  This is getting serious!

RD Pierini

@RDPierini

 

 

Swamp V Trump-$1.3 Trillion Spending-No Wall

Who Lost In This Latest Budget Fight?

Elected Officials View of Your Money!

First of all, for those who are wringing your hands and saying that Trump betrayed his campaign promises and sold out to the swamp and the Washington elites, man-up (or woman-up)!

In 14 months, do you really think that one man can completely change the power broker controlled Washington Swamp?  The House and the Senate are “controlled” by “Republicans”, NOT TRUMP AGENDA SUPPORTERS!  

Paul Ryan and Mitch McConnell are deeply entrenched members of the Washington Elites as are the Republican members of both houses and are absolutely aligned against Trump’s border security agenda and his immigration policies.  They are aligned against his America-First trade policies that will put America back onto somewhat of a level trade playing field with China, The European Union and South Korea.  They totally support the Mueller investigation of Trump as a way of hobbling him and keeping him in check with the threat of prosecution.  Finally, they know that he needs to keep control of the House and Senate in the 2018 Mid-Term elections if he does not want to face a Democrat Impeachment process and an even more obstructionist legislative body! 

Could any of you stood up any better against the Washington Establishment than Trump has for the past 14 months?  I think not!

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Pundits Panic!  Good Grief.  For the third time, even Rush Limbaugh is all wobbly wondering, and even egging on his listeners, if Trump “caving” to this $1.3T spending budget buster will be the end to Trump’s loyal base!  The first time Limbaugh got all wobbly was when Trump brought in a bi-partisan group to discuss immigration and the second when Trump once again brought in a bi-partisan group to discuss gun-control.  Limbaugh’s immediate reaction to both was that Trump had just alienated his base and it is all over.  Wow, talk about a lack of faith and a total lack of loyalty!

Did y’all think the swamp was going to roll over and embrace the Trump and his policies that are hell-bent on taking away their power and restoring the power to the people?  Did you think that Ryan, McConnell, Pelosi, and Schumer were going to play fair and not set land mines smack dab in the middle of Trump’s path?  Did you think that the Washington Elite would give Trump a victory on the Wall, tightening border security, Immigration Reform, Visa Reform, and so on?  These are Trump’s policies, not the policies embraced by the Washington Elites made up of Republicans and Democrats.  

Why did Ryan and McConnell support the Trump Tax Cuts?  Simple.  The 2018 Mid-Terms are right around the corner and these two jerks have not had a legislative victory in years.  They needed a win to run on and tax cuts were the wagon they hitched their fortunes to.  They didn’t care if Trump got most of the glory but they knew that a good economy is hard for the Democrats to run against.  Giving into Trump’s other Agenda items, especially immigration related issues, would be a win for Trump and a loss for Ryan and McConnell’s big buck backers.   They are pathetic and should never have been elected, ever!

Trump’s Win and Loss

Trump’s #1 priority is rebuilding the military and you would think that it would be the #1 priority of all patriots.  Not so fast.  It was Congress, including the Republicans that agreed to Sequestration that emasculated our military and degraded our military capabilities to early 20th century levels.  Trump is facing possible conflicts in North Korea, Iran, and Syria and has to have a show of strength to stave off China and Russia.  The military build-up was the perfect carrot with which to trap Trump into agreeing to this spending and policy nightmare.  The military funding was a win for the President.

Trump temporarily lost his drive to defund sanctuary cities/States; funding for his wall; beefing up border security; ending chain migration; ending the Visa Lottery; and getting control of spending and re-establishing a sane budgeting process.  All of these issues are firmly opposed by big business, big donors, and their lobbyists up and down K Street in DC.  He also lost the psychological war against the idiotic Mueller Russian Collusion Probe as this deal will be perceived on the Left as a weakening of President Trump.

Trump Veto?  The President could have vetoed this insane bill but what were the trade-offs?  Congress had already left DC for another 2 week vacation!  So, if Trump had vetoed the bill, and triggered a shut-down, it would have been at least a week before he could drag them back into the swamp!  Even when they came back, it would have taken days if not weeks to get some kind of agreement to fund the government.  This accentuates the trap Ryan and McConnell set for Trump by not giving him, nor their members, any time to debate and make changes to this bill.   In the interim, our men and women in the military would not be paid and most of them are living pay-check to pay-check!  Other government employees would be furloughed and would not be paid as well.  But the political push-back against Trump would be hard for him to fight as he would be standing alone against Congress and the media while his precious military would not be receiving their pay while risking their lives for even the traitors in Congress!

Trump needs your support now more than ever!  He is still fighting for you, are you still fighting for and supporting Trump?

 

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Who Else Lost?

 Ryan and McConnell and the Republican Elites seriously damaged their chances to keep the house and increase their seats in the Senate in the 2018 Mid-Terms.  These idiots actually thought they could run against the Trump Agenda and win in the upcoming Mid-Terms.  Their own egos and that of their donors think that running away from, and actually opposing, the Trump Agenda is a winning hand.  Even a Democrat beat a Republican in Pennsylvania a couple of weeks ago by RUNNING ON THE TRUMP AGENDA, while the Republican was “Trump Squishy”.  Ryan and McConnell think that Trump’s popularity did not help this feckless Republican candidate even though he campaigned for this candidate.  Without the Trump base, Ryan and McConnell will both become minority leaders in 2019!  They deserve it, WE DON’T!

The taxpayers and Trump supporters were also big losers in this deal.  They killed funding for the Wall by stipulating that Trump could not spend the money on any wall that was made of concrete!  Barbed wire is probably OK.  Budget deficits will continue to swell and restoring a sane budget process seems to be even more of a pipe dream!  

What Are the Risks to Abandoning Trump

Well, if you like Obama and Clinton then go for it and abandon Trump.  If the Democrats take back the Senate and the House, Trump, and us, are toast!  The Hard Left, without any real opposition from the Republican RINOs, will impeach Trump with any trumped-up charge they can create.  Pelosi and Schumer will rise to lead both houses and Trump, and us, will be stymied at every turn!  Trump may actually win in 2020 but I would not blame him if he decides not to run if the Ryan/McConnell madness leads to Democrat control of Congress in 2018. 

TRUMP DOES NOT NEED THIS HEADACHE (SERVING AS PRESIDENT), BUT, WE NEED TRUMP TO BE OUR PRESIDENT!

 

RD Pierini

@RDPierini

 

As a California Mayor In The 1970’s, I Had A Birds-Eye View of the Birth of Sanctuary Cities!

Governor Moonbeam is No Laughing Matter!

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As a 29 year-old Mayor of a smaller, rural, California City in the 1970s, I earned a PhD in Liberal Alinsky identity politics from Governor Jerry Brown.  This was at a time when I was half Democrat and half Republican.  By the time I left Office at the end of Brown’s 2nd term, after dealing with Brown face to face on some issues,  I was a Goldwater Conservative!  

I witnessed members of the League of California Cities (LCC), an association of all city councils throughout California, openly lobby for other cities to join them in an attempt to thwart Federal Immigration laws.  Berkeley, California, no surprise here, 47 years ago, was the first California city to adopt a Sanctuary City ordinance on November 8, 1971!  During the 1970’s Governor Brown set out to memorialize the concept of protecting illegal aliens throughout the State.  The movement was not adopted quickly by most of the 300 plus cities.  But by 1979, when Los Angeles adopted its Special Order 40 that barred LAPD officers from initiating contact with a person solely to determine their immigration status, California’s largest city gave a tremendous boost to sanctuary cities being discussed and implemented throughout California.  By the time Jerry Brown had completed his first two term stints as governor, the die had been cast and California had begun open defiance of Federal Law. 

President Reagan Failed to Act

I was a staunch Reagan supporter when he ran for President as he had done a terrific job as governor of California and I was tired of 20% interest rates under Carter!  Once Reagan became President, I kept waiting for him to stamp out the literal insurrection that had taken hold in California and jail those elected officials who were in open defiance to Federal Immigration Law!  As the years of his terms passed, I became disillusioned  with Republicans failing to take legal action against the Sanctuary City movement that was still in its infancy.  The frustration was even made worse over the 16 post-Brown years as California elected Republican Governors from 1983 through 1999.  Neither Governor Deukmejian nor Governor Pete Wilson took any action to eliminate the drive for cities to adopt Sanctuary City ordinances.

1990-The Death Year for Liberty and Rule of Law in California

In 1990, a Ballot Initiative in California set new term limits for State Elected Officials including the Governor.  (California initiatives are really just a way to con the voters to enact legislation that the State Legislature does not have the guts to enact!)  The problem with this initiative is that it “grand-fathered” Jerry Brown in as a potential 3rd/4th term governor should he decide to run again! 

Remember, it was Brown and his progressives that promoted Sanctuary Cities, and initiated public sector unions for all California public sector workers and teachers.  Brown also sided with environmental groups to halt many long-term infrastructure projects that were vital to California’s growth which was in the process of doubling over a short period of time.  Under Adriana Gianturco, Browns head of California Transportation department in his first two terms, highway building ground to a halt.  Gianturco was so well “liked” she earned the moniker “Giant-Turkey”!   Brown also initiated many anti-business practices.  All of these progressive practices would be set in stone when Brown ran for and won his 3rd term of Governor of California in 2010.

Once back in the Governor saddle in 2010, Brown set out to finish off his “FUNDAMENTAL TRANSFORMATION OF CALIFORNIA”.  At the top of his agenda was to protect illegal aliens in California.  During the Obama years this was not a problem as Brown and Obama were kindred spirits when it came to coddling illegal immigrants, environmentalists, and socializing the economies of California and the US.  BUT, Brown and his California progressives did not fathom that a Rule of Law, America First Donald J. Trump could or would be elected President.  But!

About 11 months after President Trump’s election, on October 5, 2017, Jerry Brown signed into California law a bill that designated California a Sanctuary State.  This was done in total defiance of President Trump’s strong stance again illegal immigration and his pledge to strongly support current immigration laws among other America First policies.  The battle lines were then drawn between California and the Federal Government.  

Prior Failure of Republican Presidential Leadership

After 47 years of California’s progressives quest to make California a Sanctuary State, they achieved their goal.  Now it is up to President Trump to re-establish the supremacy of the Federal Government regarding immigration law.  President Trump once again inherited a situation not of his own making but a situation that was ignored by Republican Presidents Reagan, George HW Bush, and George GW Bush

Jerry Brown nurtured and grew an all out defiance of Federal Supremacy not unlike the Southern States when they seceded from the Union in the early 1860s.  If a Governor can ignore Federal Law that was properly enacted as provided for under the US Constitution, then the supremacy clause of the US Constitution is meaningless.  This clause was clearly laid out in Article VI, Clause 2 and reads:

“This Constitution, and the Laws of the United States which shall be made in Pursuance thereof; and all Treaties made, or which shall be made, under the Authority of the United States, shall be the supreme Law of the Land; and the Judges in every State shall be bound thereby, any Thing in the Constitution or Laws of any State to the Contrary notwithstanding.”

Jerry Brown and California represent the maggot infestation of progressivism that threatens the very fabric of our Constitutional Republic.  President Trump and his America First nationalism represents the last Defence of our great nation.  If States, and Courts, can rule against the supremacy clause with impunity, then our Republic as was founded has ended; thanks to Jerry Brown, who represents the worst in political and environmental activism and identity politics.  

RD Pierini

@RDPIERINI

 

Do You Believe that Obama Deficits were $10 Trillion? Wrong!

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Obama, The Federal Reserve, and Donald Trump

You have been led to believe that the Obama Presidency ran the National Debt to $19.5 Trillion Dollars.  Further, that Obama doubled the amount of US Debt of all of his predecessors combined.  What did you miss?

Remember Ben Bernanke at the Federal Reserve and his wonderful invention called “Quantitative Easing”?  What?  Well, QE is a shifty way of “increasing” the National Debt without it increasing the National Debt!  Really?  Yep!  What happens is, the Federal Reserve, which is its own government independent of the US Government and can “borrow” money, print money, buy US Treasury notes, Money Backed Securities (remember the crash of 2008 when Freddie and Fannie blew up the real estate markets by allowing the bundling of bad sub-prime loans), and indirectly purchase stocks on the stock market.  Well, Obama and his brilliant team had no idea how to stimulate the economy organically, via tax cuts and investment incentives, so they joined the Federal Reserve and came up with Quantitative Easing.  So, what does this have to do with the National Debt?

Well, the Fed “increased” its securities assets by $4 Trillion dollars over the Obama 8 years.  But, since the Fed and Obama did not want to flood the money supply by printing worthless currency, so they used Quantitative easing to increase the money supply by flooding financial institutions with capital in an effort to promote increased lending and liquidity!  The end result is the same!  Your dollars are worth $4 Trillion less and the Fed, and you the taxpayer, are on the hook for $4+ Trillion in debt that is not included in the National Debt!  

So, the real Obama National Debt is $24 Trillion!

Why does this matter to you? 

There is no free lunch!

So while the Fed and Obama were able to create a stock market bubble and drive up “preferred” stock prices for preferred companies, and absorb a lot of the residual Freddie and Fannie funny money debt, ($2 Trillion Dollars), they were postponing the need to payback this bubble once the economy got back on track!

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Enter Donald J. Trump and a US Economic Resurgence

So, in November 8th, 2016, Donald J. Trump was elected!  Immediately he reversed the Obama business choking regulations and by the end of his first year passed a historic Tax Cut.  The result, the economy immediately responded with new jobs, new business investment, repatriation of corporate money held overseas, and an optimism the country had not seen since Reagan.  Then, last week, the investor community woke up and suddenly remembered the $4+ Trillion dollar debt we have in the Fed Closet! In a few short days, the Dow dropped precipitously to December 2017 highs.

Why did panic set in?  Well, the markets are not necessarily logical and always are driven of EXPECTED future events!  What are the panic drivers?  FEAR of higher interest rates and their impact on the economy and consumer spending, FEAR of inflation as wages increase and more people enter the job market, and FEAR of FEAR!

  Are interest rate hikes and inflation increases fears realistic?  Probably to some degree.  The Janet Yellen Federal Reserve had been slowly increasing interest rates since Trump took office from the Obama zero interest rate era!  Last week, during Yellen’s last Fed meeting, she did not raise interest rates as expected and she should have and irresponsibly stated that the stock market was overvalued!  She was irresponsible because the Price/Earnings ratios of Dow and other markets have not grown unreasonably over the past year in spite of rising stock prices.  Earnings have risen pretty much with stock prices.  The Dow showed the highest gain in 2018 v 2017 with an increase to $25.98 from $20.31, the NASDAQ increased to $26.10 from $24.15 and the S&P 500 actually dropped to $21.71 from $24.18.  

Where will the Market Go and How do we Get Rid of Obama’s Extra $4+ Trillion in Fed Funny Money?

The economic fundamentals are sound.  Companies will continue to repatriate cash into the US, continue to expand manufacturing and other investments in the US, the labor participation rate will continue to add more citizens into the job force, and more jobs will be created.  Would an increase in interest rates kill the economy?  As long as interest rates stay around 5% and inflation stays around 3%, the world as we know it will not end!  Corporate borrowing will be almost nil for global entities due to the piles of cash they have had offshore that they will repatriate. The tax cuts will provide all companies with additional cash flow that will lower the demand for borrowing.  Consumers benefiting from higher wages will stay about where they are in terms of borrowing and interest rate increases will have minimal impact on already high credit card interest.  

If US GDP grows at 4-5%, and President can get his budget through in order to control costs, the Federal Government should generate sufficient tax revenues to start to reverse the National Debt.  As employment numbers continue to rise, payments into Social Security and Medicare will slow than stop the bleeding from these funds. The Federal Reserve has initiated a program whereby it will start to chip away at its $4+ Trillion dollars in quantitative easing debt at the rate of $10 Billion per month.  At this rate of principal reduction, no real impact on the overall economy should occur. 

So, the bad news is that Obama actually topped $24 Trillion in total national debt.  The good news is that Donald J. Trump is the current President of the US now!  If Clinton had been elected, the Obama economy that was based on a ballooning National Debt and a ballooning Federal Reserve debt on its balance sheet would have been perpetuated.  It would have been a matter of time before the US became a rival junk economy to Greece!

It is critical that Republicans hold the House of Representatives and pick up 9+ seats in the Senate during the 2018 mid-term elections.  President Trump will be able to then attack capital gains taxes and complete his revamping of the tax codes.  He will also be able to rebalance Social Security and Medicare funds and put them back on a solvent path.   Welfare reform via work programs will continue the cost reductions for the Federal and State governments.  There are a lot of systemic changes that still need to be made and President Trump needs a Congress that will support his policy changes…

RD Pierini

@RDPierini

 

 

 

Hat Tips

https://www.investopedia.com/terms/q/quantitative-easing.asp#ixzz56MKZJa00

 

http://wsj.com/mdc/public/page/2_3021-peyield.html

P/Es & Yields on Major Indexes

Dow Indexes

Monday, February 05, 2018

P/E RATIO
DIV YIELD
2/5/2018 Year ago Estimate^ 2/5/2018 Year ago
Dow Industrial 25.09 20.31 17.70 2.15 2.39
Dow Transportation 13.48 18.35 16.49 1.38 1.32
Dow Utility 26.56 26.71 17.21 3.53 3.47
P/E data based on as-reported earnings; estimate data based on operating earnings.
Sources: Birinyi Associates; WSJ Market Data Group
Other Indexes
Friday, February 02, 2018
P/E RATIO
DIV YIELD
2/2/2018 Year ago Estimate^ 2/2/2018 Year ago
Russell 2000 151.45 nil 25.65 1.30 1.42
Nasdaq 100 26.10 24.15 20.85 0.99 1.16
S&P 500 21.71 24.18 18.05 1.81 2.08
P/E data based on as-reported earnings; estimate data based on operating earnings.
Source: Birinyi Associates

RINO Watch Weekly Report: “Stupid is as Stupid Does!

At least once a week I will publish a RINO Watch stupidity report.  I know I will never run out of materials as the RINOs always outdo themselves to vie for the stupidity award.  This week is no exception!

*****

RINOs Respond to 8 Month Old FAKE NEWS Story and Warn Trump Not to Fire Heir Robert Mueller!

Of course the usual suspects, Lindsay Graham and Susan Collins, had to respond to a question from the media this weekend regarding their reaction to Trump wanting to fire Special Council Robert Mueller, or even conflicted Deputy AG Rosenstein.  This, in spite of the fact that this FAKE NEWS story was originally published almost 8 months ago and the President and his staff have denied the story!  Even Senator Grassley felt he had to chime in and warn Trump not to fire Mueller! 

DUH!  Assume the story is true, it has been 8 months and Trump has not fired Mueller yet!  So, Where is the BEEF?

RINOs suffer from the Al Sharpton Jessie Jackson Mic Syndrome (ASJJMS).  They can’t pass up opening their mouth when a mic and a camera are around.  It is like an automatic reflex.  Mic, mouth open.  Camera, mouth open.  Trouble is they never engage their brain before opening their mouths!

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Goofy Special Council Ken Starr-Mueller Should LOOK INTO whether Trump Lied About Wanting to Fire Mueller!

This is separate from the RINO comments above because Ken Starr proved that he is a Eunuch RINO as evidenced by his less than testosterone driven investigation of the obviously hyper-testosterone driven Bill Clinton.  The most NOT BRILLIANT admission by star in the interview was:

“He can ask for Mueller to be fired for any reason.  The president’s power is extremely broad, as long as he’s not engaged in discrimination or accepting bribes.”

Well, apparently he did not bribe himself nor is he discriminating against the old white guy Robert Mueller.  Maybe he is guilty of discriminating against Mueller’s obvious leftist-elite political animus, failure of Mueller to recuse himself in light of his obvious conflicts of interests, or maybe for just being an old white guy!

*****

RINOs Want to Stop the Release of the Nunes Memo Regarding Possible DOJ/FBI Corruption Regarding FISA Misuse

Lindsay Graham is in the spotlight once again along with the DOJ/FBI trying to Obstruct the Public’s Right to Know if its highest law enforcement and intelligence agencies have been corrupted!  Graham wants to wait to release the information until:

“I don’t want [the memo] released yet,” he said. “I want somebody without a political bias to come in and look at the allegations I have seen.”

And, pray tell dear Lindsay,  just who in Washington is WITHOUT POLITICAL BIAS!  

The TRUMP ADMINISTRATION’S own Department of Justice, through the Assistant Attorney General Stephen Boyd told Rep Nunes, the Chairman of the House Intelligence Committee, in a letter this week that releasing a memo  “extraordinarily reckless.”  How about the “extraordinarily reckless” abuses by the DOJ and the FBI to date in the Clinton Non-Investigation MATTER, the IRS Scandals, Fast and Furious Scandals, Benghazi botched investigations, Uranium-One “vetting” and more… 

Boyd thought that it would be a better idea to pass the memo to the DOJ  watchdog, DOJ Inspector General Michael Horowitz.  This would keep this out of the public for at least another 2 months.  Meanwhile the two Star-Struck lovers, Peter Strzok and Lisa Page are still working for the agencies in spite of their obvious bias as set forth in their own text messages.

Hopefully Nunes will get the committee to vote to release the memo this week.  President Trump has indicated that, in spite of the objections raised by his own DOJ and FBI, he would welcome the memo being made available to the public!  AG Sessions and the entire 7th floor of the FBI better not get too comfortable in their lush surroundings. 

The President can’t be very happy about the lack of respect he has been shown by this agencies!  The President has shown a great deal of constraint given that if he did ORDER the DOJ/FBI to release info, then the MSM and the left would cry OBSTRUCTION OF JUSTICE!  

RD Pierini

@RDPierini

Hat Tips:

https://www.newsmax.com/headline/lindsey-graham-susan-collins-trump-russia/2018/01/28/id/839925/

https://www.newsmax.com/politics/ken-starr-robert-mueller-president-donald-trump-russia-probe/2018/01/28/id/839929/

http://www.mcclatchydc.com/news/politics-government/white-house/article196966409.html

Why Alabama Must Vote for Roy Moore!

Donald Trump’s Continued Presidency May Depend On Whether Roy Moore is Elected to the U.S. Senate. 

Step One:  If Roy Moore is defeated in Alabama on December 12th, his Democrat opponent Doug Jones Could be seated on December 23rd or within a week or so of that date.  If the 2017 Tax Cuts have not been approved yet, the Senate would be split 51-49.  The chances of the bill still passing is slim to none.  You have Collins, Flake, Corker, McCain and others itching to kill the Trump Tax Cuts.

Step Two:  The Trump voters are extremely upset with the Republican Congress failure to pass tax cuts and the repeal and replacement of Obamacare and rebels in the 2018 Mid-Terms and gives the House back to the Democrats and maybe even the Senate. If the Democrats Take Back the House in 2018, the Next Two Years Would Be Spent Impeaching President Trump and Killing His (Our) Agenda!

Impacts of Not Electing Judge Roy Moore:

  • 2017 Tax Reform and Tax Cuts would be killed permanently
  • Obamacare Repeal and Replace would be killed permanently
  • The Border Wall and increased border would be killed permanently
  • President Trump’s 70 immigration reforms would be killed permanently
  • DACA Amnesty would be adopted.
  • Abortion limits would be killed permanently
  • US security would be damaged due to the weakening of President’s Trump legitimacy in the world capitals.
  • Further improvements to the VA system would be killed permanently
  • Trump’s ability to appoint conservative judges, including to the Supreme Court, would be severely limited and force a compromise to more liberal judges
  • Many more negative impacts…

Make no mistake, Judge Moore’s Democrat opponent, Doug Jones is a died in the wool hard-line progressive leftist.  At a minimum, he supports:

  • Partial Birth Abortion
  • Limits to the 2nd Amendment
  • A No Vote for Trump’s Tax Plan
  • Obamacare Expansion
  • Not Funding the Southern Border Wall
  • Supports full Amnesty for DACA Recipients
  • Many more Progressive-Left Views.

Even if you believe Moore’s accusers, Jones is more of a threat to this nation than Moore.  If Moore is elected, he will probably be investigated by the weak Senate “Ethics” Committee.  If he is sanctioned or expelled, at least the Republican Governor could appoint another Republican replacement if need be.  Once Jones is elected, GAME OVER!

DO NOT VOTE FOR DOUG JONES!  PERIOD

RD Pierini

@RDPierini

 

DACA-Trump May Get the Blame for Past Presidents & Congressional Failures

 

Even Rush Limbaugh failed to connect the DACA dots today!  The DOT is the fact that Trump is the ONLY President, including the venerated Reagan, to uphold the immigration law by killing an illegal Executive Memo and the illegal past practice by so-called conservative and liberal Presidents.

Rush and other “conservatives” posited that Trump will tick off his base if the GOP and the Left get together and pass a DACA amnesty bill, and force Trump to sign it or own the deportation of 800,000 DACA beneficiaries.  They conveniently forgot to point out that Presidents Reagan, HW Bush, Clinton, GW Bush and Obama ALL created de facto DACA programs by merely turning a blind, and unconstitutional, eye to those kids brought to the US by their illegal parents and failed to deport any of them.  Obama merely codified, albeit illegally, the past practice of these President’s failure to enforce the law!  Trump, stood up against both the practice and the resulting Obama Executive Memo by wiping out DACA and telling Congress to act, or NOT!  The Constitution TRUMPS Emotion!

IF Congress Passes Amnesty, Will Trump Be Held Accountable?

I have been a Trump supporter from the get-go.  If the RINOs and Left in Congress come up with a DACA amnesty or an all out Amnesty for all illegal immigrants, and send it to Trump, will Trump sign it?  Will the bill have enough votes to override a Presidential Veto?  Will the Bill also contain tough border security and the completion of the border wall?  The devil will be in the details.  In the end, Trump’s action to sign or not sign it will not lessen my support for him!

Trump is in a “Historical Fulcrum Position” as the President During this Critical Period in American History. 

The Republican Party has morphed into a party that is to the left of the Democrat Party of the 1960’s .  Past administrations have created global tensions and conditions that threaten the very existence of the West.  The American People are confused between having a country based on the rule of law or the rule of emotional feelings and identity politics.  Capitalism is no longer thought to be the correct foundation of the US economy by many.  Police are thought to be the enemy of minorities.  States and cities openly defy Federal Law.  And our school system is nothing short of a cesspool of corruption, political correctness, and identity political teachings.  We are destroying historical statues and monuments leaving our history up for individual interpretation.  Our industries have been deported to other nations while deporting illegal aliens is thought to be cruel.  Our economy is on the edge of tipping into the abyss of socialism.

Trump is one man, not God! 

Trump stated in May of 2017 that,

“Freedom is not a gift from government. Freedom is a gift from God”. 

It is Freedom that Trump was elected to regain and protect for us to the best of his ability.  Not one single issue or policy.  Trump may not be able to right all of the wrongs of our past, and there are many, but Trump is the START of taking our country back.  Reagan said that “Freedom is a fragile thing and is never more than one generation away from extinction”.  Trump is here to represent that populist, America First generation who wants to start to take back our freedom and thus our country.  Our Freedom is not his responsibility but ours!  It is up to us to help Trump fight to take back this country and not to waver every time there is a bump in the road.  Trump has 4-8 years to overcome decades of decay and lawlessness that has overtaken this land.  If he is 50% successful, that would be a tremendous accomplishment.

Conservative commentators and pundits forgive all of the sins of past so-called Presidents and legislators and are laying the blame of this world and the fate of this world at the feet of Donald J. Trump.  Don’t make the same mistake whenever Trump cannot overcome all of the obstacles in his way.  Could you do any better?  Try supporting and lifting up our President rather than joining in the mob noise against him.

RD Pierini

@RDPierini

MSG to Trump: GOP Congress is Progressive, not Conservative

RINOs Ryan and McConnell Stab Trump and the Voters in the Back

President Trump hopefully learned an important lesson today that the GOP led House and Senate are controlled by Establishment Progressives from Both Parties and they do not agree with your Agenda nor the Agenda of “We the People” who voted for you.  

While everyone is yakking about the lack of character in the GOP led Senate, Paul Ryan in the House released HIS budget outline for 2018 that PROPOSED CUTS TO MEDICARE AND SOCIAL SECURITY!  This is the same Congress that could not see their way clear to have the guts to cut Medicaid which is an actual entitlement program that no recipient paid into, unlike Social Security and Medicare.  This move is not to be fiscally conservative, it is to trap and squeeze more seniors into a bad single payer system that will become the norm for the rest of this nation.  Squeeze enough, and us poor folk will beg Ryan and McConnell to save us!  THIS PROPOSED CUT TO SOCIAL SECURITY AND MEDICARE IS A DIRECT MIDDLE FINGER TO PRESIDENT TRUMP WHO PROMISED THAT CUTS TO THESE PROGRAMS WAS OFF LIMITS.  IS TRUMP READY TO SAY ENOUGH IS ENOUGH YET?  WE ARE!

TRUMP MUST TAKE THIS DIRECTLY TO THE VOTERS AND DEMAND THAT VOTERS TAKE IT TO THEIR CONGRESS MEN AND WOMEN AND THEIR SENATORS.  TRUMP CANNOT KEEP TRYING TO PLAY NICE WITH HARD CORE GOP ESTABLISHMENT PROGRESSIVES.

If Trump does not turn this Congress around, Ryan and McConnell both will lose their majorities.  Not one of Trump’s supporters will vote for a Democrat but they WILL STAY HOME AND NOT VOTE.  We know that this will mean that the Democrats may win but SO WHAT!  GOP led Congress just flipped us off as well.  

WE HAVE HAD ENOUGH OF RYAN, McConnell, AND THE RINO GOP PARTY.

Image result for I am mad as hell

PERIOD!!!

RD Pierini

ISIS Uses “Open Borders” to Send Its “Terror Instructors” to Indoctrinate 2nd Gen Islamists/Citizens

ISIS and Other Islamist Learn From OUR Mistakes!

Image result for Stop Islamist Terrorism

ISIS and other terror organizations will not jeopardize the US and European Open Borders policies, ever.  Why?  They rely on our stupidity to allow radical terrorists into our midst unrestrained; thus providing them with radical teachers and trainers of Islamist terror. 
They are taught to train SECOND GENERATION ISLAMISTS WHO ARE CITIZENS OF THE US OR EUROPE in order to take the spotlight off of recently immigrated hard-core terrorists.  Then, the global elite can claim that this is not an immigration or refugee problem as the terrorists are our own citizens!

Wake up, the terrorists use us against ourselves.  Dr. James Mitchell was the chief interrogator of Khalid Sheik Mohammed.  KSM told Dr. Mitchell in effect that the terrorists use our own freedom of religion and speech to move freely among us.  Dr. Mitchell is quoted as saying:  “What he (KSM) said to me was our civil liberties… were weaknesses and flaws that Allah put into American culture so we could be defeated.” That the terrorist will use our policies, like open borders, to defeat us (the West).  That assimilation will not work with the terrorists as they seek religious domination of the WORLD, not westernization.   Mitchel stated that KSM relayed that “Mohammed believed the easiest way to win “the long battle to take over the world with Sharia law” was through immigration and by outbreeding non-Muslims”.  Think we can assimilate our way to peace with this Islamism ideology?

The left, and many of our Congressional Republicans, think that this is a battle of ideology.  It is not.  IT IS A RELIGIOUS WAR BEING WAGED BY ISLAMIST, AND NOT BEING FOUGHT BY THE WEST AS SUCH.  It was sad today to watch Roy Blunt and other “republicans” on talk shows downplaying the need for Trumps temporary ban on travel to the US from 6 nations until his administration can set up extreme vetting of these potential travelers.  This is TRUMP’S CONSTITUTIONAL RIGHT TO IMPLEMENT THIS POLICY, (despite the opinion of the 4th and 9th circuit) in order to safeguard our citizens.  Trump knows that the Islamist are using the refugee and immigration policies of the US and Europe to bring in radicalized trainers and teachers in order to unleash our own radicalized Muslim citizens against our own country.  IT IS INSANE TO SUPPORT THIS OPEN BORDER POLICY. 

Congress expanded on the Executive Branch’s authority over immigration as follows:

Inadmissible aliens – 8 U.S. Code § 1182 …

“Suspension of entry or imposition of restrictions by president. Whenever the president finds that the entry of any aliens or of any class of aliens into the United States would be detrimental to the interests of the United States, the president may, by proclamation, and for such period as he shall deem necessary, suspend the entry of all aliens or any class of aliens as immigrants or nonimmigrants or impose on the entry of aliens any restrictions he may deem to be appropriate.”
Trump’s travel ban is supported by precedent by both Bush and Obama and is clearly within the statute.   According to the statute, Trump could say that he is banning Muslims, as a class, from specific countries but that is not what his executive order states.  If the leftist globalist get their way, America will be less safe and citizens of Europe will not longer have a glimmer of hope against the onslaught of radical Islamist terrorism.

We are at a crossroad in our history.  Our path will determine the outcome, freedom vs Islamist terror and domination.  There are no other possible outcomes according to Khalid Sheik Mohammed.

RD Pierini

@RDPierini

 

Hat Tips

http://michellemalkin.com/2008/06/22/the-new-york-times-reveals-the-name-of-ksms-interrogator-over-the-cias-wishes/

http://www.truthrevolt.org/news/ksm-interrogator-jihadists-will-use-our-civil-liberties-defeat-us

http://insider.foxnews.com/2016/12/21/khalid-sheikh-mohammed-interrogator-911-mastermind-told-me-immigration-political

https://americanslivingfree.com/2015/12/09/inadmissible-aliens-8-u-s-code-%c2%a7-1182/