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Insulting The Police May Soon Be Illegal (Redacted Tonight)
The Kentucky Senate recently passed a bill that would make cursing out cops illegal. Because obviously it's the police who're the victims of this moment in US politics, not the people who they regularly brutalize and kill without facing consequences.
Trump Hypes Alleged Creation of 266,000 Jobs in November, but Spurious Report Includes over 40,000 General Motors Strikers Returning to Work at Old Jobs, Plus Thousands of GM Sub-Contractors Laid Off During Walkout; Add in Some Holiday Retail Hiring and We Have a “Heavily Gimmicked” and Inflated Job Report Concocted to Mask Deepening Downturn Underneath Trump Stock Bubble; Fed’s QE and Repo Spree Continues.
Trump Propaganda Hypes Stock Market Bubble Based on GOP Tax Scam of December 2017; Corporate Tax Bonanza Ploughed into Stock Buybacks, Not New Plant, Equipment, and Jobs; New York Fed (Alias PPT) Pumps Up Markets with $120 Billion per Day in Hot Money; FOMC’s Falling Interest Rates Designed to Stoke Speculation, Not Capital Investment and Hiring; “Earnings Recession” Looms; Indicators for Physical Economy Mostly Negative: Industrial Production, Durable Goods Orders, Home Building, Freight Loading’s Down!
Those are what the old time market analyst used to call the fundamentals; macro-economic Facts.
U.S. GDP Growth Is Now at 1.9%, Showing Once Again That Trump Does Not Deliver on His Promises, Especially in Economics; Serious Domestic Liquidity Issues Include Repo Cash Crunch; Started in Mid-Sept still continues. Durable Goods Orders Down Year Over Year; Mining and Manufacturing Continue to Shrink, with Manufacturing Still 4.8% Below Pre-2008 Levels; Industrial Production Has Not Expanded in 142 Months; CASS Freight Index Marks Tenth Month of Decline, “Signaling an economic contraction.”