$SOY Monday, President Trump defended his tough trade policies in front of thousands of American farmers, a Key constituency that has struggled because of his trade dispute with China, plus he promised fair trade deals that will put America’s rural heartland back on strong solid ground. “We have taken the toughest ever actions to address […]
President Trump softened expectations that he is close to declaring a national emergency to get the money he want to build the US-Mexico border wall as a 3-week impasse closing parts of the government continued Friday. There are about 800-K federal employees who missed their 1st paychecks under the stoppage. Lawmakers tried to reassure federal […]
A former federal emergency boss said that President Donald Trump is “on solid legal ground” if he declares a national emergency to secure funding for his much-desired border Wall. “But he is going to have some troubles along the way, and one of them will be whether libertarian conservatives are going to accept a stronger […]
$AEMC Steven Machat, entertainment producer. author and provocateur has signed up with Archer Entertainment Media Corp. (OTCMKT:AEMC) to manufacture entertainment properties, including movies, television, and to head the firms music division. Mr. Machat, the author of 6 books, including “Gods, Gangsters & Honor,” and his latest, “Spiritual Insomnia.” Mr. Machat spent the last 40 years […]
Sunday, President Trump pledged not to bend in his demand for a Wall along the southern border with Mexico but said the barrier could be made of steel instead of concrete as a potential compromise with Democrats who refuse to fund the project. “VP Mike Pence and group had a productive meeting with the Schumer/Pelosi […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The world enters Y 2019 with some uncertainty about the prospects for global growth. The US is the bright spot and 1 of the most powerful job creators and drivers of international trade. If The Trump Administration and the new Congress are able to work together, there are areas where […]
US President Donald Trump says parts of the government will stay shut as long as Democrats refuse to build the Wall on the US-Mexico border. Tuesday, asked when the government would reopen, President Trump said: “I can’t tell you when the government’s going to be open. I can tell you it’s not going to be […]
Senator Rand Paul (R-KY) Sunday praised President Trump for doing “exactly what he promised” by withdrawing US troops from Syria, and derided the “armchair generals” in Washington who “want to keep us at war forever.” In an TV interview Senator Paul said he’s “very proud” of President Trump’s determination to get US troops out of […]
President Trump Vows to Win The Border Wall Battle Former House Majority Leader Tom DeLay says that President Trump needs to remain strong on building The Wall on the US southern border. “If you go into these sort of fights, you better be ready to fight it until the end – especially if you’re president […]
$USO, $UNG Congressional lawmakers urged the Department of Homeland Security Wednesday to better protect US Crude Oil and Nat Gas pipelines from cyberattacks, after a report detailed a lack of federal oversight of the critical conduits. A federal report released Wednesday said Homeland Security’s Transportation Security Administration, or TSA, does not have a process to […]
$DJIA, $SPY, $QQQ, $RUTX, ,$VXX The US major stock market will start this week again testing the bottom of the range formed with by the selling that began in October. The S&P 500 cracked 2600 and supposedly that sets up more Southside action. Sentiment is extreme as reported by the AAIA, outflows from stocks are at […]
This week, the plant that’s nearly identical to marijuana is set to become legal to grow in the US. Thanks to the US Farm Bill, which the House passed Wednesday in a 369-47 vote, American farmers will be able to plant and harvest hemp, a strain of the same plant species from which marijuana originates. The bill passed […]
$DJIA, $SPY, $QQQ, $RUTX, ,$VXX The US major stock market will start the week testing the bottom of the range formed with by the selling that began in October. The patterns and technical indicators suggest a move from where the major indexes closed Friday back up to the November highs. After a reversal off the trading […]
US to End Subsidies for Electric Cars and Renewable’s $F, $GM, $TSLA, $VLKAY They could end as early as Y 2020 The benefits of EVs are a myth White House economic adviser Larry Kudlow said early this week that the United States will end subsidies for electric cars and other items including renewable energy sources. […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $SPY, $VXX Just 12 days ago everybody on The Street was celebrating Thanksgiving in a very cautious market mode, they came back to their desks, and triggered a Key reversal in the major US stock market indexes that was confirmed on Friday, 30 November and […]
President Trump, “I will be formally terminating NAFTA shortly.” President Donald Trump said Saturday he will give formal notice to the US Congress in the near future to terminate the North American Free Trade Agreement (NAFTA), giving 6 months for lawmakers to approve a new trade deal signed Friday. “I will be formally terminating NAFTA […]
Republicans Border Security, Not Government Shutdown Republicans do not want a government shutdown, rather to be sure the southern border is secure, and bi-partisan support is needed, especially with the threats being posed by the invading migrant caravan that has arrived, House Majority Whip Steve Scalise (R:LA) said Friday, while shooting down claims from Senate […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $SPY, $VXX Last week everybody that is anybody was away celebrating Thanksgiving, now they are back to their desks, that is if not stranded in a blizzard. Looking back, here is some stirrings emerging from the small and mid-caps via chips, telecom, and some bio techs and […]
President Trump’s Message to Congress: “You Must Present Border Security Package.” President Trump has given the use of lethal force order to the military at the southern border. Friday, US President Donald Trump Friday demanded action on a major border security package, including funding for a border wall, 1 day after issuing a threat to […]
President Trump’s Message to Mexico: “You must do more.” President Donald Trump, with his threat to shut down the US-Mexico border, is sending a message to Mexico that it must do more to help with the migrant caravan situation, former acting ICE Director Thomas Homan said Friday. “I think President Trump is sending a message, […]
Thanksgiving Menus Surprises for Comey and Lynch Thursday, former FBI Director James Comey said he has received a subpoena from House Republicans, according to a Twitter post. House Republicans have been investigating FBI actions in the Y 2016 campaign, but that probe will end when Democrats take over the committee in January. It was reported […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX DJIA higher, some testing leaders start to bounce back. Chipmakers show many interesting Northside setups. Fed Vice Chairman moves warm markets. The market action has given up some good patterns, the Big Q: Will the break North into year’s end. Today is Monday, the […]
Presidential Harassment by Congressional Dems Causing Stock Market Concerns, They Will Pass $DIA No matter what you think of President Trump, his reign as President has been great for stocks. US President Donald Trump issued a Tweet on Monday blaming losses in the stock market on Democrats. “The prospect of Presidential Harassment by the Dems is causing […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Last Wednesday post election spike either stands on its own or platforms for a breakout. PPI at a 6 year high with prices +2.9% Y-Y. S&P 500, DJIA in excellent tests, NAS Comp work’in on it This week we see new leaders come up […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX NFPs report solid, shows best wage growth in 10 years. China trade, market still struggles on news. 4 day Rally paused Friday All Eyes on the US Congressional Midterm Elections Tuesday Friday, stocks opened higher then faded, trending lower into early afternoon. Positives turned to […]
The Strong Trump Economy is Real, Not a ‘Sugar High’ “Wow! The U.S. added 250,000 Jobs in October, Unemployment at 3.7%, Wages UP! Keep it going, Vote Republican!” White House economic adviser Larry Kudlow says that the strong Trump economy is not a sugar high. The veteran financial guru and former Ronald Reagan adviser spoke to reporters […]
House Freedom Caucus Demands Rosenstein Resign ‘Immediately’ The US House of Representatives Freedom Caucus head Rep. Mark Meadows (R-NC) Thursday called for Deputy Attorney General Rod Rosenstein to resign “immediately.” The demand reflects an escalating dissatisfaction with the Department of Justice’s #2 official, both for his lack of “candor” and failure, so far, to appear before […]
American’s Taxes Should the Dems Take the Congress This November Republicans will make the historic Trump tax overhaul that slashed taxes 1 of their Key campaign selling points ahead of November elections. Democrats on the other hand are talking about how they want to undo it. In their bid to retake control of Congress, many […]
US Sanction on Russia Causes rouble to Sink Friday, Russia warned the US that it would regard any move to curb the activities of its banks as a declaration of economic war which it would retaliate against, stepping up a war of words with Washington over newly imposed sanctions. The warning, from Prime Minister Dmitry […]
President Trump is ‘Begging’ Congress to Fix Immigration Laws Pesident Donald Trump is ‘begging’ for Congress to “step up” and fix the nation’s “broken” immigration system, and is less concerned about shutting down the federal government before or after the midterm elections in that quest, White House press secretary Sarah Huckabee Sanders said Wednesday. “The […]
President Trump Will Shut Down Government Over Illegal Immigration President Donald Trump said Sunday he would allow the federal government to shut down if Democrats refuse to back major changes to immigration laws his administration wants. “I would be willing to ‘shut down’ government if the Democrats do not give us the votes for Border […]
Just Like President Trump Said The Wall Is Being Built A House spending bill would provide $5-B next year for building President Donald Trump’s proposed border Wall with Mexico. Democrats oppose financing The Trump Wall but lack the votes by themselves to block House approval of that amount. President Trump said in April that he […]
President Trump, “Oil Prices are too high, Not good” $USO, $OIL, $UGA “An SPR release would have a psych impact on the market. It may not translate into lower gasoline prices, but it would immediately bring down Crude Oil prices until the market adjusts” The Trump Administration is considering tapping into the nation’s emergency supply […]
Rod Rosenstein’s Impeachment Imminent Late Friday we learned that members of the House Freedom Caucus moved a step closer to impeaching Deputy US Attorney General Rosenstein. Republican lawmakers closely aligned with President Donald Trump had been floating the notion of Mr. Rosenstein’s impeachment for several months, citing frustration with what they see as slow-walking their […]
FBI ‘Partisan’ Peter Strzok Must Be Sacked An FBI agent whose anti-Trump text messages fueled suspicions of partisan bias arrogantly said at a bitterly contentious hearing in Congress Thursday that his work has never been tainted by politics, angrily rejecting Republican allegations that he set out to Stop Donald Trump from becoming president. FBI agent […]
President Trump to Congress: “Fix Our Insane Immigration Laws Now” President Donald Trump railed against US immigration law, which he described as “insane,” saying Congress must send a message that immigrants “must leave, just as they would if they were standing on your front lawn.” President Trump has repeatedly complained that US immigration laws are […]
“Hold FBI and DOJ Officials in Contempt of Congress” Sunday, US House oversight committee Chairman Trey Gowdy (R-SC) threatened to hold Top FBI and Justice Department officials in contempt of Congress if they fail to comply with lawmakers’ subpoenas for sensitive documents. Early this year, lawmakers subpoenaed all documents from the 2 agencies related to the FBI’s investigation into Hillary Clinton’s […]
Legal Marijuana is 1-Step Closer in the US On the legislation: “We’re looking at it. But I probably will end up supporting that, Yes.” Friday, US President Donald Trump said that he is inclined to support a bi-partisan effort in Congress to ease the US ban on marijuana, a proposal that would dramatically reshape the nation’s […]
Former President Barack Hussein Obama Secretly Gave Iran Access to US Banking System This report reveals that Barack Hussein Obama and his Gang are the ultimate terrorists. The Administration of former US President Barack Hussein despite assuring The Congress that Iran would remain barred from the US banking system, secretly moved to give the Islamic Republic access to American banks […]
Southern California’s ‘Poverty Pimp’ Maxine Waters Attacks Auto Industry $F, $GM, $FCAU, $TM, $VLKAY US Rep. Maxine Waters (D-CA) is divisive claiming automakers discriminate against nonwhites when giving out car loans. Representative Mike Kelly (R-PA), an auto dealer, said in a TV interview Saturday segment that Ms. Waters’ cited a study that severely flawed. Mr. […]
DOJ’s Rosenstein Facing Contempt of Congress Charges and Impeachment Early Thursday, Rep. Ron DeSantis (R-FL), raised the possibility of holding Deputy US Attorney General Rod Rosenstein in contempt of Congress and possibly impeaching him. His comments came Thursday during an early morning TV interview Conservative Republicans have become increasingly frustrated that the Justice Department has not […]
Members of the ‘Deep State’ Will Be Prosecuted for Lying Under Oath Members of the deep state like sacked and disgraced former FBI Director James Comey can get away with lying under oath, and now members of Congress have stepped in demanding an investigation into this and other matters concerning Democratic nominee Hillary Clinton and Key Hussein […]
“Regulation of Social Media Firms Is ‘Inevitable’” $FB Facebook (NYSE:FB) CEO Mark Zuckerberg told a House oversight panel Wednesday that he believes it is “inevitable” there will be regulation of the social media industry and also disclosed to lawmakers that his own data was included in the personal information sold to malicious third parties. “The […]
Congress Grilling Facebook CEO Zuckerber $FB After privately assuring senators that his company will do better, Facebook (NASDAQ:FB) CEO Mark Zuckerberg is undergoing a 2-day public congressional ‘inquisition’ and possibly pivotal for the massive social networking company he created. Mr. Zuckerberg visited with senators in closed-door meetings Monday, previewing the public apology he planned to […]
President Trump, “We Are Sealing Up Our Southern Border” The Justice Department is enacting a “zero tolerance” policy regarding immigrants illegally crossing into the US from Mexico. Saturday, US President Donald Trump Tweeted we are “sealing up our Southern Border,” maintaining it was for the safety and security of Americans. “We are sealing up our Southern Border. […]
America Tried Socialism, They Did Not Like It The illusory ideas of socialism transcend time and appeal to people of all colors and races. No lessons of history’s failures will dampen the magic of a socialist’s divine providence. Now, is socialism in America inevitable? In 2008, the United States elected a socialist government committed to the transformation of the […]
Professional Traders Profiting from Bitcoin Volatility $BTCUSD, $CBOE, $CME Buying and selling Bitcoin is one of the fastest and easiest ways of making money from cryptocurrency. With the value fluctuating so much during a day, it is a dream for any experienced investor or a trader. It is a nightmare for a civilian player. Bitcoin […]
President Trump, “Drug addiction not our future” Monday, President Donald Trump says the nation “must get tough” with drug dealers, which includes utilizing the death penalty. President Trump unveiled his plan to combat the nation’s deadly opioid addiction in a speech Monday in Manchester, New Hampshire, a state ravaged by the drug. President Trump said […]
Trump Tax Reform 2.0 on Fast Track in Congress Republican lawmakers are looking to act a lot faster than expected to keep the new individual tax cuts from expiring in Y 2025, thus daring Democrats to put up a roadblock during a congressional election year. Incoming White House economic adviser Larry Kudlow added momentum to […]
President Trump Seeks to Make Personal Income Tax Cut Permanent The Trump Administration and Republicans in Congress are seeking to make temporary personal income tax cuts passed last year permanent, White House spokesman Raj Shah said Thursday, adding they could also lower capital gains tax rates. Mr. Shah said details were still being worked out […]
Bombshell: FBI Director Comey, “General Flynn did not lie to FBI” Disgraced, sacked FBI Director, James Comey told Congress last March that the FBI agents who interviewed General Michael Flynn (Ret.), who briefly served in The Trump White House, said General Flynn did not lie to them, which contradicts what the Russia probe has concluded. […]
President Trump’s DOJ, FBI Purge Is Now Policy Recent events in Washington, DC have signaled that the GOP’s policy is purge the DOJ and FBI of all of it Hussein Obama-era left over bad actors. President Trump like it or not has the Constitutional authority to replace the FBI Director for any reason. But, the […]
The Big Q: What is going on in the Deep State? Some Background FISA is the Foreign Intelligence Surveillance Act of 1978 was written to enable the federal government to spy on foreign agents at home and abroad. The secret Foreign Intelligence Surveillance Court, which hears the government’s lawyers has morphed foreign intelligence surveillance into […]
US GDP Posted Solid Growth in Q-4 The US economy grew at a solid rate of 2.6% in Q-4 of last year, helped by the fastest consumer spending since the Spring of Y 2016 and a big rebound in home construction. The Q-4 advance in US GDP (gross domestic product, the country’s total output of […]
Schumer’s Shutdown, Senate Dems Derail Bill to Avert Government Shutdown Late Friday in Washington, DC, a procedural vote to advance legislation passed by the US House to fund the federal government through next month failed in the Senate Friday, less than two hours before a shutdown would occur at midnight. Most Democrats rejected the continuing […]
US Stock Market Behind President Trump on Government Shutdown $DIA, $SPY, $QQQ, $VXX US stocks rose to new records Friday, as the pending government shutdown proved No Match for the New Year Extension of The Trump Rally. Trading ranges were pretty narrow for most of the day, but a late wave of buying has the […]
President Trump: FBI, Clinton, Steele Dossier, “What a Mess” Thursday, US President Donald Trump posted a Tweet touching on several issues such as the fake Steele Dossier of allegations compiled against him, as well as asking if Hillary Clinton paid Russians during the Y 2016 presidential election. The President was referencing a Thursday report that questioned […]
Elon Musk’s SpaceX Secret Satellite Failure Probed by Congress $BA, $NOC, $LMT SpaceX dealt blow as secret military satellite goes missing Lawmakers said they will receive classified briefings on a secret US government satellite that apparently crashed into the sea after it was launched by Elon Musk’s Space Exploration Technologies Corp. (a private company). In a […]
American’s Want to Know All About the ‘Fake’ FBI Trump Dossier The DOJ and FBI need to be investigating themselves, and Senator John McCain (R-AZ) and what he had to do directly with it. Americans want to know if their money was used to pay Russians to discredit President Trump, and whether the FBI conspired […]
US Economist Sees Strong Growth in 2018 $DIA, $SPY, $QQQ, $VXX A top-ranked US economist last year predicted that real US economic growth would reach 3% in Y 2017. “With a tax cut package finally passed by Congress, growth is likely to remain robust as we head into 2018,” Steven Stanley said. “The economy’s 2% […]
The Trump Team’s Strategy Regarding Robert Meuller If a significant portion of the country believes that the special counsel was unfair, this could help in legal proceedings before judges or jurors.The Trump Team is probably not going to seek to fire Special Counsel Robert Mueller. To do so would be to provoke President Trump’s Key […]
US Big Business Rewarding Employees on Passage of Trump Tax Reform $BA, $T, $WFC, $FITB, $CMCSA Wednesday, several US big businesses announced plans to increase employee and benefits plans after the historic Republican tax plan that slashes the corporate tax rate pass through Congress. Wells Fargo (NYSE:WFC), Fifth Third Bancorp (NYSE:FITB), Boeing (NYSE:BA), AT&T (NYSE:T), and […]
Fears Mounting in DC as Sexual Harassment Allegations Loom GOP aide warns, “Do not be alone with women…” Fears are mounting around Washington, DC that a major news outlet is getting set to unmask at least 20 US lawmakers for sexual misconduct. The growing speculation about a major harassment story started about a month ago. […]
US Stocks Mark Record Highs Again, US Tax Reform on Deck $DIA, $SPY, $QQQ, $VXX Stocks kicked off this week on a positive note after Republicans reached an agreement on the shape of US tax cuts. The US Dollar (.DXY) Index fell and US Treasuries finished mixed on the day. The S&P 500 Index and NAS […]
It is Time for Robert Mueller to “Pack it In” In November GOP members of the House introducing legislation calling on special counsel Robert Mueller to resign from investigating alleged collusion by The Trump Campaign contacts with Russia. Rep. Matt Gaetz (R-FL) joined by co-sponsors Reps. Andy Biggs (R-AZ), and Louis Gohmert (R-TX), are calling for the […]
President Trump Calls on Congress to End “Chain Migration” President Donald Trump demanded Congress end both “chain migration” and the diversity visa lottery program, saying Tuesday they pose a danger to national security. President Trump said the legal immigration programs were to blame for 2 recent terror attacks in New York City, since that is […]
House Intelligence Chairman to Hold FBI, DOJ Officials in Contempt The head of the House Intelligence Committee will follow through on his threat to hold leading officials at the FBI and Justice Department (DOJ) in contempt for failing to turn over documents he requested in August. Rep. Devin Nunes, (R-CA), is drafting a contempt resolution, […]
Tax Reform to Generate 3-4% Growth ‘As Far as the Eye Can See’ Donald Trump has ended the War against business President Trump’s tax reform will translate into between 3 -4% economic growth “for as far as the eye can see.” In an interview aired Sunday, economist Larry Kudlow, a former adviser to President Donald Trump, […]
Senate Republican’s Pass Historic Tax Reform Bill Trump Tax Plan Will Spark Investment Boom That Will Benefit Every American The great news is that President Trump, the Senate, and the House are moving in the right direction. The business tax cuts will generate an investment boom in the years ahead. The Senate and House bills […]
US Senate Takes Major Step to Sweeping Tax Reform $DIA, $RUT Late Wednesday, the US Senate took a step toward passage of tax legislation setting up a likely decisive vote later this week. Republicans spent the day working on the bill, which aims to cut taxes on corporations, other businesses and many individuals and families, […]
Economy Steams Ahead Under President Trump’s Deregulation Policy $DIA, $SPY, $QQQ, $VXX Fed Chairwoman Janet Yellen, in her final testimony to Congress as head of the central bank, described a steadily brightening picture for the US economy while downplaying the risks of financial instability. “The economic expansion is increasingly broad based across sectors as well […]
Investors Buy the Dips, Market Continues to Extend The Trump Rally $DIA, $SPY, $QQQ, $VXX Strategy: In an uptrend, when markets fall, buy. 2 weeks ago stocks encountered headwinds and a wide range of risk assets came under pressure in the week ended 18 November, and some market observers again declared the end of what […]
Federal Tax Reform a “Great Big Christmas Present for Americans” President Donald Trump says he plans to be in the middle of tax reform negotiations if the House and Senate are able to meld their differing legislation’s to lower the nation’s taxes in the coming weeks. And the Commander-in-Chief said he hopes to sign a […]
The Rule of Law Vs The Rule of the Left USAG Replaces the Left with ‘The Rule of Law’ Freedom of Religion, Freedom of Speech and No more slush funds. In his letter of advice to President Trump, Obama urged him to protect “institutions and traditions like Rule of Law” and to “leave those instruments […]
Sotheby’s (NYSE:BID) has a Ferrari, Christie’s has a Leonardo $BID The November big-week of art auctions starts Monday in New York City, promises drama, with the most talked-about inclusion in a New York contemporary art sale in years. a painting by Leonardo da Vinci (1452-1519) in Christie’s sale, an a Ferrari F1 race-car driven to victory by legendary […]
Week 39: President Donald J. Trump in the Oval Office REAL TAX CUTS FOR REAL AMERICANS President Trump is working harder than ever to bring tax reform to middle class Americans, including the biggest tax cut in American history. This past week, our President took his case to conservative leaders, seeking their support in pushing […]
President Trump’s Tax Reform Imminent, as Senate Passes Budget $DIA, $SPY, $QQQ Late Thursday, Senate Republicans pushed a $4-T budget through in a major step forward for President Trump’s promise of massive tax cuts and reform. The 51-49 vote set the stage for debate later this year to dramatically overhaul the US tax code for […]
Russia “Did Not” Interfere with US Presidential Election Thursday, CIA Director Mike Pompeo denied that Russian interference in the US Presidential election had any effect on the outcome of the campaign. Director Pompeo reminded an audience at the Foundation for Defense of Democracies in Washington, DC, that the US intelligence community has never concluded that Moscow’s […]
China’s President Xi Unveils Vision for ‘New Era’ of Strong Growth Wednesday, Chinese President Xi Jinping, 64 anni, laid out his vision for a more prosperous nation and its role in the world, stressing the importance of wiping out corruption and curbing industrial overcapacity, income inequality and pollution. Opening the Communist Party congress, Xi pledged […]
President Trump Delivering on His America First Pledge Now, after struggling with Congressional Republicans, US President Donald Trump has spun events around on the week. He has 2X’d down on his campaign priorities by delivering wins for his strong base of supporters. This week President Trump dramatically undercut the Barack Obamacare healthcare system, sent notice […]
Subsidy Payments to Barack Obamacare Insurers “Scrapped” Friday, President Donald Trump halted payments to insurers under the Barack Hussein Obama-era healthcare law. The White House said in a statement that the government cannot legally continue to pay the cost-sharing subsidies because they lack a formal authorization by Congress. 2 Dem Congressional lawmakers denounced The Trump […]
Expect the Unexpected: Mueller to Expose Obama’s Domestic Spying The excitement over senior Barack Hussein Obama adviser/s unmasking identities of Trump officials is larger than most can imagine. US President Donald Trump and his supporters say the former national security adviser, Susan Rice, engaged in domestic political spying when she asked for the identities of President […]
Facebook (NASDAQ:FB) Facing Congressional Action $FB Legislative action is seen coming against Facebook (NASDAQ:FB) and other tech giants, as a potentially important issue in the Y 2018 midterm elections. Both Republicans and Democrats have declared that more scrutiny, transparency and restrictions are needed. The criticism of the companies has become more pronounced since revelations about […]
Trump Seeks Higher Ground, GOP Brass Lose the Balance of Power As usual with President Trump’s more imaginative moves, the arrangement with the Democratic congressional leaders to defer the debt-ceiling issue for 3 months and pass hurricane relief at once was a more important step than it appears. The Key element of it is that […]
Trump Administration May Soon Demand That Israel Give Back Key Military Aid The US State Department wants President Trump to demand money back, sparking fight in Congress The Trump Administration is considering forcing Israel to hand back some $75-M in US military aid awarded by Congress following a contested effort by The Obama Admin to financially […]
We Can Now Expect Bi-partisan Efforts to Continue President Donald Trump is likely to continue to reach for bi-partisan compromise on legislation, something he promised during the Y 2016 Presidential campaign and that the American people expect, the White House said Friday. “I certainly think that the goal is to have bipartisan efforts and certainly […]
US Tax Reform Plan Is “Pro-Worker and Pro-American” President Donald Trump declares that this new tax reform plan as “pro-worker and pro-American, urging Congress to “unite in the name of common sense” on the Key Legislative issue. In an op-ed piece for the Milwaukee Journal Sentinel, the President outlined the benefits to “dramatically reduce income […]
Pressure is on Congress as Lawmakers Return to DC Harvey has put heavy pressure on the lackluster US Congress as lawmakers get ready to return to Washington on Tuesday after a 5-week Summer recess. A big workload awaits them, including funding the government by month’s end and increasing the federal borrowing limit, and ever ending […]
President Trump, “I Do Not Want to Be Disappointed”on Tax Reform US President Donald Trump outlined his vision for tax reform Wednesday that he said would streamline the nation’s burdensome tax code while cutting taxes for businesses and middle-income Americans, and thus warning Congress that “I do not want to be disappointed.” “This is our […]
Job Creation Coming from President Trump’s Tax Reform President Donald Trump kicked off his lobbying effort for a tax overhaul at an event with a Midwestern manufacturing backdrop and some economic tough talk in the “Show Me State” In Springfield, Missouri, Wednesday, President Trump said that the White House said will focus on his “Vision” […]
There is No Need for a Government Shutdown $DIA, $SPY, $QQQ, $VXX Wednesday, the US stock market moved lower on come concern of a potential government shutdown and following a report that highlighted a disagreement between President Trump and Senate Majority Leader Mitch McConnell (R-KY) Wall Street cheered Tuesday reports suggesting that White House aids and […]
US President Donald Trump Call’em Like He Sees’em Wednesday, Rep. Louie Gohmert, (R-TX), complimented President Donald Trump for his speech in Phoenix, Arizona Tuesday night, saying it shows the qualities that got him elected. “President Trump’s speech in Arizona was a prime example of why he was elected: he calls it like he sees it. The […]
Stand with President Trump, He is Fulfilling His Campaign Promises + President Trump is being attacked by a hostile liberal media, undermined by a Deep State full of Obama/Clinton holdovers and betrayed by some GOP “Never-Trumpers” who never will accept him as President. Our Commander-in-Chief is undaunted, and determined to do what he promised during […]
Strong US Economy, Strong US Stock Market =Trump Wins Again $DIA, $SPY, $QQQ, $HD, $AAPL Business guru Ken Langone says that President Donald Trump will easily be re-elected to a 2nd term if the US economy continues to strengthen and the US stock market surges to record highs on a daily basis, this latest streak […]
Smashed Hard Drives Seized by FBI From Debbie Wasserman-Schultz Aide The FBI seized smashed hard drives from the home of a Democratic House staffer. Imran Awan, a longtime IT aide of US Rep. Debbie Wasserman-Schultz (D-FL), is under investigation for allegedly stealing equipment and improperly accessing the House IT network, while working in Congress. Shortly […]
American’s With Foreign Accounts, Listen Up If the total balance of your foreign financial accounts exceeds $10,000 at any time during a calendar year, then you must file an “FBAR” (FinCEN Form 114, Annual Report of Foreign Bank and Financial Accounts) with the US government for that year. An FBAR for a given year is […]
God Bless America! Congress to Stop IRS from Enforcing Barack Obamacare Mandate The US Congress is making sure 1 Key part of Barack Obamacare gets repealed poste haste, the Individual Mandate. The House appropriations committee has drafted a provision to stop the IRS from enforcing the individual mandate of the Affordable Care Act aka Barack […]
Republican Routs Democrat in Georgia’s Special US Congregational Election Republican Karen Handel, 55 anni, has won a nationally watched Congressional election in Georgia Her major victory Tuesday over Democrat Jon Ossoff, 30 anni, in Georgia’s 6th Congressional District has the GOP victorious in an election recognized as the most expensive House race in US history, […]
Germany “Up in Arms” About Proposed US Russian Sanctions Friday, Germany threatened to retaliate against the United States if new sanctions on Russia being proposed by the US Senate penalize German firms. The Senate bill, approved Thursday 98-2, includes new sanctions against Russia and Iran. And it foresees punitive measures against entities that provide material […]
Medical Marijuana Update Despite everything, Attorney General Sessions has medical marijuana on his mind, Florida lawmakers approve a no-smoking medical marijuana implementation bill, Vermont’s governor signs a medical marijuana expansion bill, and more. National Monday, it was reported that Attorney General Sessions asked Congress to let him go after medical marijuana. Attorney General Sessions sent […]