Tag Archives: Jamie Diamond

The New Leftist Political 3 R’s! Russia, Racist and Recession!

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First the Leftist turned our own Intelligence agencies, and those of our international allies against Candidate Trump, and then President Trump; After the RUSSIAN Hoax failed, these same Leftist tried to brand President Trump AND ALL OF HIS SUPPORTERS AS RACIST;  When that failed, they are now crying out that the great Trump Economy is heading into a RECESSION!  

All three political hit jobs have one thing in common.  None are True! 

  • The Russia Hoax was fabricated by the Clinton Campaign, aided by the Obama Administration, and abetted by many of our so-called European and Australian allies.  This will end up being the most blatant disregard for the rule of law in US history.  Even Robert Mueller and his 17 pit bull leftist prosecutors could not find one shred of evidence against the President, his campaign or his Presidency with which to indict anyone for conspiracy or obstruction of justice.  This hoax went deep inside our DOJ, FBI, CIA and other intelligence agencies and even corrupted the FISA process which is supposed to protect US citizens from unlawful surveillance.
  • Racist labeling of the President and his supporters have backfired and US citizens, Trump supporters and detractors, are tired of everything being labeled as racist.  It is so bad, that the Leftist morphed this word into WHITE NATIONALIST or WHITE SUPREMECIST!  The Trump economy has yielded the lowest unemployment numbers in the history of the US for Blacks and Hispanics.  Trump’s OPPORTUNITY ZONES target the rebuilding of mostly poor minority inner cities and poor rural areas.  The goal is to overcome decades of Leftist control over these areas that have left minorities and their communities in abject poverty in the midst of the worst school systems and drug infestations.  If Trump and his supporters were racists, why would be care about the plight of these areas?  Maybe the Leftist should be asked and forced to answer why they allowed these areas to decay, become rat infested, with substandard school system yielding over 50%+ illiteracy, and the residents with no hope for the future other than to hope that someone gives them money because they have long despaired and given up on America’s promise of Equal Opportunity!
  • Russia and Racist both failed so now the Democrat Leftists are ginning up a new hope that the Trump Economy is heading for a RECESSION.  They even embarrassed themselves by pointing out that the 2 year treasury bond yield was higher (for a few hours) than the 10 year treasury bond yield.  These morons stated that this “inversion” indicated that our economy would go into a recession, within 22-24 MONTHS, as it had in SOME PRIOR recessions.  Not all, SOME.  Well, I ate pasta just before the 1979. 1991 and 2008 recessions.  I guess I caused these recessions!  Don’t take my word for it, Dr. Sonal Desai, the Chief Investment Officer for the Templeton Investment Fund stated;  “In short: the economic data show no evidence that either the United States or the global economy is approaching a recession.”  

Why would the Democrat Left gin up a Recession and the fears of a Recession?  Simple!  2020

The President has turned this economy around and the US, its businesses and its citizens, especially blue collar and lower income people have benefitted the most.  There are no signs of a US recession.  You hear these Leftist pundits decry the Trump Tariffs against China as being a driving force for the upcoming recession.  Don’t confuse them with facts, especially the fact that the Chinese have devalued, manipulated, their currency below the tariff levels thus negating the impact on the US consumers.   Once again, if we tax a Chinese product that costs $1.00 10%, that product will now cost $1.10.  If the Chinese devalue their currency by 10%, then that product will still cost the US consumer $1.00.

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Jamie Diamond, Chairman of the Globalist Business Roundtable and Chairman and CEO of JPMorgan Chase, Helped Structure the 2008 Recession Bubble!

Why do the Democrat leftist want to get rid of the Chinese tariffs?  Simple, the globalist, multi-national corporations like the status quo where they can maximize their profits by manufacturing in China where labor has been very low.  The more sinister view is that they really want to take down the US as the dominant economy in the world so these forces can dominate the world economy!  But I won’t go there now.  These business interest could care less if you lose your factory job because they cut a buck out of their costs!  Did you ever stop to think about what Obama and the leftist have said about jobs leaving America, never to return.  They said that it was a matter of companies HAVING to produce products wherever it was the cheapest so all  world consumers, even the US consumers, could get the best price.   Did you stop to ask just how a US factory worker who lost his or her job could afford to by anything now they do not have a job and a paycheck!  The leftist did not care if our middle class was decimated which it was.  The globalist goals were loftier and better for everyone, ESPECIALLY THEM.

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Then along came Donald J. Trump and his America First band of merry supporters.  First the Leftist laughed.  After all, they stomped out the Tea Party revolt!  How hard could it be to stomp out Donald Trump and his DEPLORABLES?  Very hard indeed.

Don’t let this latest Left-Wind hysteria regarding Recession worry youWe ARE the strongest economy in the world.  Our economy is the only hope the rest of the world has to avoid problems in their own countries.  We consume 25% of the world’s output and are now the dominant oil and gas producer in the entire world.  We have re-established our steel industries as well so no nation can now threaten us with energy or manufacturing  boycotts or price fixing.  

We will probably at some point have a slowdown or even a recession.  But for one political party and their leftist cronies and media to hope and promote the idea that a recession is inevitable and rapidly approaching, just when many Americans are starting to live the dream they thought was dead, is sick and demented.  

Enjoy the economic revival.  Why Would You Want to be Miserable Like the Leftist Democrats and their Media!  

RD Pierini

@RDPierini

 

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