April 1, 2019
By Ron Fonger
Flint - A federal judge (click here) who last year dismissed Rick Snyder as a defendant in a class action lawsuit filed on behalf of Flint residents and businesses has put the former governor back in the case in a decision issued Monday, April 1.
U.S. District Judge Judith E. Levy’s decision, which addressed claims against multiple defendants -- several of whom are current and former state government employees charged with crimes related to the Flint water crisis -- specifically allowed for a claim against the governor to move forward....
The last time "QE" was introduced to the banking system was after a global economic collapse. Trump begs for money at every turn. Anyone can do that. What basis is there for ANOTHER ROUND of quantitative easing? Does Trump know there is another collapse coming or does he simply "Not get it."
April 5, 2019
By Martin Baccardex
...“I personally (click here) think the Fed should drop rates, they’ve really slowed us down,” Trump told reporters before boarding Marine One. “There’s no inflation. In terms of quantitative tightening, it should be quantitative easing.”...
"Bubble and Bust," that is the answer the Republicans see as an economy. The government monies needed for "Bubble and Bust" is incredible. Trump has no sustainable economy. He needs more and more money to support his economic ? strategy ?.
The jobs report is a complete failure when measuring sustainability into the future.
To begin, the report most people receive is not a report, but, a newsletter (click here).
The jobs data is here (click here) and cannot be reported on in a matter of minutes.
The jobs being ? created ? by the Trump White House is illegitimate to the priorities for the people. It is not sustainable. The Trump job growth has resulted from reaching into the past and deregulating such as methane. The Trump job growth highly reflects the priorities of his cabinet members that are nothing more than cronies and greed merchants.
To understand the impact of Trump's policies on the small business climate there is an interesting table entitled. "Table A-8. Employed persons by class worker and part time status." (click here)
In that table look at the line stating "Self-employed workers, unincorporated." When looking at these tables, one must be aware there is actually two different years being reported. The first three columns is a March 2018 number that is not seasonally adjusted and two months from 2019. It reflects a falling number that includes a strong indication that the self-employed individual is failing.
The last six columns entitled "Seasonally adjusted" of the same line of "Self-employed workers, unincorporated," clearly indicates the loss of small businesses or self-employed is falling and significantly.
"National Association of Women Business Owners" (click here)
- More than 11.6 million firms are owned by women, employing nearly 9 million people, and generating $1.7 trillion in sales as of 2017.
- Women-owned firms (51% or more) account for 39% of all privately held firms and contribute 8% of employment and 4.2% of revenues.
The Trump Economy is about Steve Mnuchen, Wall Street and robbing the middle class of opportunity. The fastest growing jobs is not about Wall Street. The fastest growing jobs are solar installers and wind service worker.
The Trump economy is buffering a failing economy from the past through deregulation and not supporting the future.
There is NO HOPE for the future in the Trump economy. Deregulation clearly illustrates a desperate and failing strategy.
When a Texas oil man heads the DOE, one has to know there is no real focus for a sustainable economy.
The table mentioned above is only one column in one table. Need I go on?
In regard to health care:
West Virginia is the highest enrollment in Medicaid in the country. This is touted by Trump and his cabinet as a return of coal jobs. Hello? Coal jobs are a failing form of employment. Coal jobs have been a failing form of employment for decades with ever increasing mechanization.
Here again, as seen by Walmart, Medicaid is corporate welfare and to simply eliminate the ACA will crash the coal industry if they are required to provide employer based health care.
THERE IS NO VIABLE REPUBLICAN ECONOMY THAT PROTECTS AMERICANS, THERE IS ONLY A FAILING ONE.
The petroleum industry is a failing industry. (click here)
Supply and demand, oil is a Wall Street commodity that helps Wall Street investment firms maintain cash flow:
"Peak Oil" occurred in 2005. What happened to the prices from 2005 going forward? This is the OLD PARADYMN the Republicans CONTINUE to state is their answer for an economy. The Republicans have a carbon based economy and it is dying. Every time a Republican is elected it reinforces the OLD WORLD and not the future.
| 2003 | $27.69 | $38.06 |
| 2004 | $37.66 | $50.36 |
| 2005 | $50.04 | $64.71 |
| 2006 | $58.30 | $73.08 |
| 2007 | $64.20 | $78.13 |
| 2008 | $91.48 | $107.05 |
| 2009 | $53.48 | $62.90 |
| 2010 | $71.21 | $82.54 |
| 2011 | $87.04 | $97.82 |
| 2012 | $86.46 | $95.21 |
| 2013 | $91.17 | $98.92 |
| 2014 | $85.60 | $91.36 |
What happened in 2009? President Obama was taking office and instructing all of his cabinet to seek out opportunity for New Green Jobs. The demand for carbon based fuels was not in demand under President Obama and then by 2010 "Peak Oil" bolstered the price once again.
Oil prices fell in 2015 because the petroleum industry CREATED it's own glut on the market because of nothing more than GREED with high prices.
