A 26th Consecutive Month of Growth Achieved by Overall Economy
A 26th consecutive month of growth in the overall economy was reported by the Institute for Supply Management (ISM) in its July 2022 Manufacturing ISM Report on Business. It further states economic activity in the manufacturing sector grew in July.
The report was issued by Timothy R. Fiore, CPSM, chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee:
The July Manufacturing PMI registered 52.8 percent, down 0.2 percentage point from the 53 percent reading in June. This figure indicates expansion in the overall economy for the 26th month in a row after a contraction in April and May 2020. This is the lowest Manufacturing PMI figure since June 2020…the US manufacturing sector continues expanding-though slightly less so in July-as new order rates continue to contract, supplier deliveries improve, and prices soften to acceptable levels.”
US Raw Steel Production Down from Previous Week
In the week ending July 30, 2022, US raw steel production was 1,727,000 net tons at an ACUR of 78.4 percent, down 1.5 percent from the previous week.
US Drill Rigs Running Up from Previous Week
There were 767 drill rigs running in the US last week, up 9 from the previous week, up 279 rigs from one year ago. Meanwhile, Canadian drillers also added 9 rigs last week, to 204, up 51 rigs from one year ago.
Construction spending tumbles 1.1% in June, with declines evident across most sectors.
Ayman al-Zawahiri: Al-Qaeda Leader Killed in US Drone Strike
Some good news: A United States drone strike on Sunday killed a load of camel shit named Ayman al-Zawahiri, a key ally of Bin Laden and a planner of the 9/11 attacks. We have been looking for this maggot for 20 years and found him-where else but Afghanistan, undoubtedly hiding under a rock. Good riddance. Caveat: the death of this worm has been rumored before…
Spending Bills Passed
Do you have any idea how badly screwed we are by the spending bills passed through the House last week? $239 billion (for the cash flush semi-conductor industry) and $739 billion (the Inflation Reduction Act- this is a bad joke; it is only Build Back Better with a different name).
There will be no reduction in inflation, there will be no reduction in the deficit. It is all bullshit, smoke and mirrors. Everyone’s taxes will increase, taxes on small business will increase. Only the “elite” worms from the Hamptons will benefit from this.
Obama, sitting on his deck watching the ocean levels rise in Martha’s Vineyard, has no worries about this. Nancy Pelosi, who just spent $90 million of your dollars to take her friends to Taiwan for a visit to Nvidia, (the company her husband bought stock in based on her inside information) doesn’t care. They are all complicit, all crooks, all bad for this country.
Another revolution is coming to destroy all of them, to get rid of the entire leftist agenda. Fuck the Great Reset, fuck woke, fuck politically correct, fuck transgender and queer politics, CRT etc. all more bullshit aimed at destroying the greatest republic in history.
EPA Announces Flyovers in the Permian Basin in New Mexico and Texas
On Friday, the Biden administration launched another attack on the oil and gas industry as the Environmental Protection Agency (EPA) said it will conduct “flyovers” of the Permian Basin oil fields in Texas and New Mexico to “survey oil and gas operations to identify large emitters of methane” amid the Biden administration’s climate policy initiative. “The flyovers are vital to identifying which facilities are responsible for the bulk of these emissions and therefore where reductions are most urgently needed.”
With this announcement, it means the administration will continue to target the oil and gas industry. Even after the idiot sent scathing letters to the heads of major oil companies in June and threatened to take action to increase supply.
“MAKE AMERICA GREAT AGAIN”
“KEEP AMERICA GREAT”
Have a great weekend…. God bless America!
Buy American made products whenever you can, it’s good for you, good for your friends and neighbors and good for our country.
If you are hiring…try to hire a veteran…. they are loyal, disciplined, hardworking…and they deserve our support.
By the way, if you wish to comment on my rants or offer any other insights you may have, you are encouraged to email me.
TEDDY ROOSEVELT ON IMMIGRANTS IN AMERICA…1907
In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person’s becoming in every facet an American and nothing but an American. There can be no divided allegiance here. Any man who says he is an American, but something else also, isn’t an American at all. We have room for but one flag, the American flag…We have room for but one language here and that is the English language…and we have room for but one sole loyalty and that is a loyalty to the American people.”