Tag: stock market

Third quarter GDP likely to show record growth, confirming V-shaped, ‘best-ever’ recovery

~ Randy Harris ~ Leave a comment

Deloitte estimated that the U.S. contraction in in 2020 would be the second mildest (behind only Japan) among G7 nations, with all the other countries — Canada, France, Germany, Italy, the U.K. — estimated to take a harder hit.”

The Federal Reserve Bank of Atlanta, the Chicago Fed, the Conference Board, and Goldman Sachs have all expected growth to be between 30% and 35%, on an annualized basis. This level of growth, economists note, would be the highest in the history of American GDP calculations, which began during the Great Depression.

“It’s the best-ever recovery,” economist Art Laffer told Just the News. “But you know, bottom line, the reason that’s the best is because the first and second quarter were the two worst. They were caused by something not economic, they were caused by the pandemic. And so it’s not a normal recovery in the sense of the Great Depression.” 

https://justthenews.com/nation/economy/new-q3-economic-numbers-expected-show-record-growth-best-ever-recovery-us-economists

Culture

~ Randy Harris ~ Leave a comment

Since when is it ok to lie, steal and to cheat in polite society? Not one democrat has said one bad word about the Antifa-BLM gang of thieves and thugs. Now that we have a VP running with good old Joe, the race is on to scrub and explain away any far left idea Kamala had promoted. Oh where have you gone morals, decency and truth? I could get all Bible on you and quote several scriptures to back my thought, but let’s just say we have lost our way big time. I long for the days where truth and honesty was a valued trait, and the day whether true or not politicians where called to “serve” the American people not enrich themselves at the teat of government.

Welcome to the most pro death Presidential ticket. A ticket that welcomes the teaching of Islam and bans Bible groups in schools due to the so called “separation of church and state”. Read Jefferson’s letter and get a different view. A ticket that allows protesters turned anarchist to roam the streets at will but closes churches to stop the deadly spread of a virus with the mortality rate lower than the seasonal flu.

If this pair ever get close to 1600 Pennsylvania religious freedom as we know it will be under an extreme attack. Kamala has said if we ever regain power, that is what they want not to govern, we will make Trump supporters pay. Hmmm sounds like a threat to me. Taxes will skyrocket and the dow will plummet to record lows. Israel will have to stand alone against the world. Government run healthcare will return and so will death panels. The equality law will pass and the LGBT fringe (under 4% of the population) will become a protected class of citizens.

I would say all is not lost if the republicans keep the Senate, but we all know they will fold like a broken chair under a 300 lb. lineman.

In the words of that great philosopher and thinker, C’mon man, you got to be kidding me.

Latest Numbers from Italy Prove Dr. Fauci and Dr. Birx Are Needlessly Destroying US Economy

~ Randy Harris ~ Leave a comment

If the CDC really wanted to reach herd immunity they would open the schools and allow working age Americans back to work. They could save the seniors from the deadly coronavirus. Instead we have the FDA warning Americans about taking proven drug hydroxychloroquine for treating the coronavirus. And it is clear today that Dr. Fauci…

Source: Latest Numbers from Italy Prove Dr. Fauci and Dr. Birx Are Needlessly Destroying US Economy

Stock Market

~ Randy Harris ~ Leave a comment

During this whole crisis of the China flu, I have been most concerned for the dramatic drop in the market.  People have lost lots of their retirement money.  Myself and my wife included.  This might seem to be a callous thought, but we do all we can to be safe with our health.  Sanitize and distance ourselves and eat healthy etc.  We do that and fell safe, at least that we have done all we can.  Put the rest in God’s hand and go on.  But this market is destroying peoples lives.  I’m too old to wait long for the market to rebound.  My thoughts were that sometime during the next 4 years we were getting out and putting our money in a safe place.  Sooner rather than later.  But now… lots of baby boomers, especially those of us who are younger than most boomer are in a bad situation.

We will survive,  not what we planned but ok.  God will provide and we are good, but some will be devastated.  In the back of my mind I still have this nagging thought that none of this should or needed to have happened.  Is this really that bad to need draconian measures?  Only time will tell.

Be safe everyone.  Trust in the Lord.  We will survive.

Mueller Report

~ Randy Harris ~ Leave a comment

Well the long awaited testimony is over and so is any sane person’s idea that Trump could be guilty of anything. Over two years and 30 to 40 million dollars later, nothing.

President Trump has endured the biggest and most vile anal exam in public of any politician ever. Mueller had 18 democratic lawyers, including a Clinton donor on his staff and they found nothing on our President. I’m not sure any person in politics could withstand such an inquiry into their past. Isn’t it time we got over this and got behind this man who loves America and wants to see it prosper? But sadly no, the democrats are sure if they just keep looking under every stone that somehow something will be found. Never happen. My only fear was that something would be planted to make Trump look guilty. Thank God that didn’t happen.

Now it is time to investigate the investigators. Attorney General Barr should go hard and heavy to find out who started this entire mess. We know through Judicial Watch, ran by Tom Fitton, that former President Obama was to be kept informed of what the intelligence agencies were doing. This whole investigation was started to keep Hillary and her dirty deeds from seeing the light of day. There is a whole list of bad actors who need to see jail time. Foremost would be Clapper, Brennan and obviously James the saint Comey. There truly is a deep state and a ruling class mentality that makes these egomaniacs believe that they know better than the peons that truly make this country great. We shall see what comes out next. Hopefully a perp walk.

On a brighter note the economy is great, unemployment is at record lows, stock market is high and consumer confidence is through the roof. Thank you Mr. President. We appreciate your sacrifice and service to this country.