Wednesday, October 28, 2020

The financial markets are absolutely pathetic. IT IS A BEAR MARKET!

This is good news from Ford Motor Company. They are doing well because of the "Bubble-Up" policy of the Democrats that provided income to households throughout the USA with the realization COVID-19 was causing hardship in the country.

The financial markets have an option to protect their investments by taking an interest in companies finding their way through this paradigm shift due to a very deadly virus. 

October 28, 2020

Ford’s Strong Q3 Driven by Higher Demand, OperatingExecution, With Game-Changing Vehicle Launches Startingin Fourth Quarter

Reports $2.4 billion in net income (click here) and 6.4% net income margin, on revenue of $37.5 billion

Achieves adjusted EBIT of $3.6 billion and adjusted EBIT margin of 9.7%, led by North America at 12.5%

Generates $11.1 billion in company operating cash flow – $6.3 billion of adjusted FCF – ending Q3 with nearly $30 billion in cash and more than $45 billion in liquidity

Readies for fourth-quarter launches of three anticipated, all-new vehicles: 2021 F-150, allelectric Mustang Mach-E, and Bronco Sport – first of new Bronco family of products

Expects positive full-year 2020 adjusted EBIT, including fourth-quarter adjusted EBIT between break-even and a $500 million loss...

The financial markets are so hooked on money highs they have forgotten what it is like to actually have sparse income AND SURVIVE!

October 28, 2020
By Matthew Fox

US stocks cratered on Wednesday (click here) as a spike in COVID-19 cases prompted new lockdowns in Europe.

The Dow Jones industrial average's 3.4% decline marked its worst single-day drop since June 11, while the S&P 500's 1.9% drop was its largest since September 23.

German Chancellor Angela Merkel struck a deal for a "lockdown light," in which bars, restaurants, gyms, and movie theaters will close for at least a month starting this weekend while schools and nurseries remain open, Bloomberg reported.

French President Emmanuel Macron announced a new national lockdown to begin this Friday and last until December 1, though, like in Germany, schools will remain open, according to Bloomberg....

The repeat vaccination is more or less like a booster shot.

Considering tuberculosis attacks the lungs this study is interesting in it's positive effects. 
 
October 28, 2020
By Kaylan Ray

A one-hundred-year-old vaccine (click here) to safeguard children from tuberculosis has been shown to boost the immune system in senior citizens in India, priming the body's internal defence mechanism to take on Covid-19, suggests new research from the Indian Council of Medical Research.

While the new ICMR study hasn't yet demonstrated the actual protection, initial results from the trials of BCG vaccine on the elderly are promising.

The study is part of ICMR's larger multi-centre trial to check whether BCG vaccination in the 60-plus group can protect them against Covid-19.

The Indian trial was launched in the wake of multiple scientific reports of how countries with BCG vaccine in their child immunization portfolio had benefited indirectly with a lower number of Covid-19 positive cases as well as deaths....

Governor Whitman has maintained a steady appearance with the people.

Those are not small approval ratings. She has been great. She has taken on every challenge presented to her, including a dam collapse. She is brave and her administration is working hard for the people as opposed to the wealthy.

She has continued to whittle away at the unemployment rate (click here). Think about that a minute. The state has been through a lot this year, yet unemployment continues to fall. She is held in ridicule by the political right-wing for limiting it's openness in areas with high COVID-19 rates. Yet, there is still a steady drop in unemployment. I think that reflects a steady vigilance of the Michigan economy despite closed areas due to the virus.

Governor Whitmer took office at a time when GMC was shaving off jobs and ending product lines. She is more than interesting to both candidates running for president (click here). The former Vice President took pride in the fact the Obama administration stood by the car industry during their 8 years in office.

October 27, 2020
By Beth LeBlanc

Gov. Gretchen Whitmer (click here) has maintained a steady job approval rating with a majority of Michigan voters despite election-year sniping by President Donald Trump, whose job approval is about 15 percentage points lower, according to a Detroit News-WDIV-TV poll released Tuesday.

Nearly 54% of Michigan voters view the Democratic governor favorably and 59% approve of the job she's doing, according to the Oct. 23-25 survey of 600 likely Michigan voters. The job approval number inches up to 61% about her handling of the coronavirus pandemic, according to the survey, which had a margin of error of plus-minus 4 percentage points.

The poll by the Lansing-based Glengariff Group found 37% viewed Whitmer unfavorably, 38% disapproved of the job she is doing and 37% disapproved of her handling of the pandemic....

Sen. Lisa Murkowski fears courts are becoming more political losing confidence

Lisa Murkowski has always been an interesting politician. But, I find her words fall flat considering her vote for Coney-Barrett. From a spectator perspective, I think Murkowski's votes in the US Senate is as much populous as she isn't. 

Coney-Barrett's opinion polls changed after her hearings. It went from 48 percent in favor to 51 percent. I think Senator Murkowski reacted to that shift in changing her position on the judge while stating she doesn't believe the judge will rule against abortion.

Senator Murkowski does represent an interesting mix of populous and sincere governance. She has to be admired for her election that displaced an extremist. I think she is fully aware of the worries in regard to the Supreme Court, however, if she wavers this easily, will she be a stalwart in protecting the USA Constitution? I hope her decision about this judge holds up and doesn't cause her problems in the future.

October 26, 2020
By Allison Pecoria

Three hours (click here) before the Senate was poised to vote on the confirmation of Judge Amy Coney Barrett to serve on the Supreme Court, Sen. Lisa Murkowski, R-Alaska, walked toward the Capitol contemplating the "incontrovertible" reality that her party was about to confirm a justice nearer to an election than any confirmation in history.

Murkwoski is a rare moderate Republican who found herself at the center of the debate over Barrett's confirmation when she was one of two senators in her party who moved to delay the vote until after Election Day. She said Monday afternoon that she's fearful of what is becoming of the judiciary and even the Congress in this increasingly partisan era....

The dialogue that will obviously go forward regarding the Supreme Court has to bring the country with it. It will require information and education about The Court in order for the people of the USA to appreciate the sincere concern of those in the US Legislature.

Just because Federalist Society judges are smarter than Trump, doesn't mean they are smart.

Brett Kavanaugh plagiarized Donald John Trump in a recent opinion. He didn't plagiarize a speech at some radical right religious meeting, he plagiarized a Supreme Court opinion. That is called incompetency.

I don't think there is anything smart or especially politically leaning about plagiarism, it is just pure stupidity and brings into question the competency of Federalist Society judges.

October 27, 2020
By Mark Joseph Stern

While the Senate confirmed Amy Coney Barrett on Monday night, (click here) Justice Brett Kavanaugh handed down a startling opinion that laid out how the Supreme Court could steal the election for Donald Trump. Kavanaugh’s opinion was an assault on the integrity of America’s upcoming election; it was also extraordinarily sloppy, riddled with errors that would make even a traffic court judge blush. It’s worth highlighting these mistakes, not just to set the record straight but also to show how Kavanaugh uses falsehoods to twist the law against voting rights....

When Supreme Court justices are valued for their political ideology and iconic victories of right-wing politics, the USA has lost it's third branch of the government. I hear that addicts of any particular type of substance, including alcohol, stop growth and development at the age a person became an addict. There was a question not asked of Kavanaugh during his confirmation, "Did you ever receive therapy for your alcoholism?"

I think having Brett Kavanaugh plagiarize political ideology into a Supreme Court decision should be a warning shot about what is going on in the Robert's Court. The exception for that is the Chief Justice himself who has heroically written to preserve the Majority Rule of the USA Constitution. I do believe the Chief Justice once openly corrected Gorsuch within the past year. Just sayin', it is time to examine Trump's justices for their ability to be loyal to the USA Constitution. Chief Justice Roberts may not alone be able to correct the course of the current Supreme Court members by his vote alone.

The Federalist Society along with it's obsession with judicial placement for it's own purposes must be investigated, especially in the face of Kavanaugh's obvious incompetency. He, like Bill Barr, was chosen for that incompetency. If one remembers right before Kavanaugh's Supreme Court nomination he was writing rather strange opinions. If there is going to be a majority of Justices writing strange and assaultive opinions against the US Constitution, then it and the Rule of Law is lost to anarchy. I think scrutiny of past and present opinions is very much in order for the purpose of our democracy and sincerely religious, civil rights, and cultural freedom.

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