Job Growth Slowed Substantially in January
Job growth slowed substantially in January…non-farm payrolls increased a seasonally adjusted 151,000…economists expected payrolls to rise by 185,000.”
From a historical perspective, over the last 30 years there have been six recessions in which the ISM was at 50 or below for at least four consecutive months, with job growth slowing in the year that followed each of those instances (WSJ)…highway to the danger zone…
The Institute for Supply Management Report on Business for January 2016
The Institute for Supply Management Report reports economic activity contracted in January for the fourth consecutive month while the overall economy grew for the 80th consecutive month, say the nations supply executives in this latest report.
The report, issued by Bradley J. Holcomb, CPSM, CPSD, chair of the Instituted for Supply Management (ISM) Manufacturing Business Survey Committee, states:
The January PMI registered 48.2 percent, an increase of 0.2 percentage point from the seasonally adjusted December reading of 48 percent. The New Orders index crept upward as did the Production Index.
I’m not going to review the Iowa caucus other than that Mike Huckabee is out Rand Paul is out, Rick Santorum is out and Marvin O’Malley, who was never really in, is now also out. The field is narrowing…
From the Wall Street Journal- Steven Stalinsky
Obama Visits an American Mosque
On Wednesday president Obama visited a mosque in Baltimore (the mosque is under FBI investigation for terrorist ties, but who cares?). During this visit the president will “celebrate the contributions Muslim Americans make to our nation and reaffirm the importance of religious freedom to our way of life.” (Makes no difference to him that Christians are being murdered throughout the middle east on a seemingly daily basis, or that anti-Semitism runs rampant in this country and throughout the world…that’s me writing). The president has made efforts to counter violent extremism by emphasizing the responsibility of Muslim “scholars and clerics” to help ensure that mosques are not used as a platform to preach Islamic extremism.
Such extremism isn’t limited to out-of-the-way mosques where radical clerics operate in the shadows. It is occurring in mainstream and leading mosques world-wide, including at one of the most important religious institutions in Islam, the Al Aqsa mosque in Jerusalem.
Consider a January 16 sermon at Al Aqsa by a Palestinian cleric who called for jihad against the west and Europe and for…Islamic state to “conquer Rome, Washington and Paris.”
What we have found at Al Aqsa is a steady stream of calls for jihad and martyrdom, venomous attacks on Jews, Christians and other non-Muslims and praise for Al Aaeda, ISIS and other jihadist groups.
Calls for the destruction of the United States and the West, including promises that Islam will take over the world are other common themes. On July 24 last year Ahmad al-Dweik, a frequent lecturer at the mosque and a Palestinian cleric, like other religious leaders quoted here-said; ”the caliphate will come to be and the nuclear bomb will be produced,” adding that this future Islamic caliphate-will “fight the United States and bring it down” and “eliminate the West in its entirety.”
Earlier, on July 6 the same sheik declared that from “the land of the prophet’s nocturnal journey, armies will set out to conquer Rome, to conquer Constantinople,” then he added to the list “Washington and London.”
In an October 27 address at Al Aqsa another sheik called for the annihilation of the Jews all over the world.”
The president had a golden opportunity to address these issues but chose instead to admonish the American people for being paranoid, for perpetuating Islamophobia. Ridiculous. I could go on but you get the idea of what is going on.
The question is; why does the president continue to defend Muslims when the troubles facing the world today are mostly the result of Islamic extremism? Have there been no beneficial contributions to the world from Christians? From Jews? (I dare say the list of those contributors is endless) Who is defending them through their persecution by the radicals. Who of the moderate Muslims in the United States and around the world are protesting against violent extremism? I do not hear it and I do not see it.
Twenty-two emails released last week (that’s some 1300 classified emails so far) were deemed too “Top Secret” to be released for public scrutiny, yet she is still out there campaigning as if nothing detrimental to her is going on…or that anything will legally come of her transgressions. She categorizes everything as a “vast right wing conspiracy.” General Petraeus, an American patriot, lost his rank, his position and his honor for doing much less than the former secretary.
That’s it for this week…heading south to the beach tomorrow morning…it is my intention to draft a View for you next week-but you never know…I’ll be baaack.
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.
Remember these tidbits as the election cycle grinds on:
- Fast & Furious-Americans killed by guns supplied to the drug cartels…by the Department of Justice-Eric Holder presiding. The president was clueless. No one held accountable
- Benghazi: Four Americans killed in an assault described as the result of a viral video. This was proved to be a false narrative. This was in fact, a planned act of terror. The president was clueless. No one even knows where he was as this went down. No one held accountable
- “At this point, what difference does it make?” Hillary Clinton as Secretary of State
- The IRS targeting of conservative groups and individuals. No one held accountable, Lois Lerner is on paid vacation and has refused to testify. The president was clueless. No one held accountable
- Hillary using a private server for correspondence during her term as Secretary of State against the orders of the president. She thought “it would be more convenient…” Though the records were due when she left office, they were not submitted, subpoenas were issued, which she ignored for two years. Finally, she released 30,000 of some 60,000 alleged emails then she deleted the rest of the emails and will NOT turn over the server for investigation.