Fifth District Survey of Manufacturing Activity for July Improved
The Federal Reserve Bank of Richmond released its Fifth District Survey of Manufacturing Activity for July and reports manufacturing activity improved in the month. New orders and shipments increased this month while backlogs flattened.
Texas Manufacturing Outlook Survey for July Held Steady
The Federal Reserve Bank of Dallas released its Texas Manufacturing Outlook Survey for the month of July and reports factory activity held steady in the month.
US Raw Steel Production Retreated 2.5 Percent
US raw steel production retreated 2.5 percent as mills operated at an ACUR of 72.8 percent. In the corresponding week last year mills operated at an ACUR of 73.2 percent. Thus far this year mills have produced prox 51,000,000 tons at an ACUR of 72.6 percent compared to the prox 51,300,000 tons produced in the like period last year at an ACUR of 72.3 percent.
Midwest Economy Index (MEI) Decreased in June
The Midwest Economy Index (MEI) decreased in June from May. June’s value indicates that Midwest economic growth was somewhat higher than would be typically suggested by the growth rate of the national economy.
Bureau of Economic Analysis (BEA) Reports Real GDP Increased at an Annual Rate of 1.2 Percent
The Bureau of Economic Analysis (BEA) released its “first estimate,” or advance estimate of second quarter GDP growth and reports real GDP increased at an annual rate of 1.2 percent, economists were looking for 2.6 percent growth. In the first quarter real GDP increased 0.8 percent.
It is no wonder industrial business conditions seem terrible. If you listened to any of the speeches given at the DNC this week, you might think the economy was booming. The progressive liberals who pretend to be democrats (they are not, they are socialists) want to continue the Obama economic policies, Hillary is running on that basis.
Debbie Wasserman Schultz Resigns DNC Chair
Debbie Wasserman Schultz…DNC chairwoman had to resign her position with the DNC after it was revealed through hacked emails that plots were afoot to foil the candidacy of one Bernie Sanders. Initially she said she planned to gavel in the opening and then gavel at the closing of the convention but she was booed and jeered so loudly at a morning meeting of the Florida delegation that she has decided against hosting the opening and closing of the convention and she will not speak either.
This is her state too, she is the Congresswoman from the Sunshine State…she should resign. After all the bullshit the liberals have been spewing about the RNC last week (which really was a great success), karma has made a surprise visit to the DNC. Thank you.
It is apparent that this is a huge embarrassment for the Democrats. They are blaming the Russians for hacking their server-to help Trump (at least that is original) but they do not say one word about the plot to undermine the campaign of Bernie Sanders…and he still urged his followers to endorse Crooked Hillary.
Ms. Wasserman Schultz, after being forced to resign, was immediately handed the position of Honorary Chairwoman of the Hillary campaign. Isn’t that just dandy for her? Didn’t skip a beat getting into to her den of thieves.
By the way, Trump got a 6 point bump from the convention and now leads crooked Hillary in the polls. I know that is tenuous and the witch will likely get a bump too. We’ll see next week.
“Dark and Divisive”
…have you noticed that every liberal in the media or in politics uses those same three words to describe the Republican National Convention last week? They are all automatons, blindly regurgitating the settled upon talking points of their party. It’s a disgusting display, shows a lack of individuality and the inability to think for oneself, of following, like sheep to slaughter.
Normandy, France Tuesday 7/26/16
An 84 year old Catholic priest had his throat slit by two ISIS terrorists while serving mass, another person was injured in the attack and hostages were taken. Both of these camel turds were shot dead by police as they attempted to leave the church, the hostages were unharmed.
Hillary Clinton’s Historic Moment
Tuesday night history was made as Hillary Clinton was nominated to represent the Democrat party as candidate for president of the United States. Why is this history? She is the first female to be nominated for the office of president. She is also the first presidential nominee to have been investigated by the FBI and the Department of Justice and has clearly been found to be a liar, extremely careless with classified information and derelict in her duties to the country and the people of the United States.
Now the media is accusing Trump of asking Russia to spy on us to get Hillary’s 30,000 deleted emails. This is FALSE. Trump has asked the Russians, if they are listening, to find and turn over those emails if they have them already. We all know her servers were scrubbed after she deleted the emails. If the FBI cannot recover them, no one can.
Lies upon lies upon lies upon lies…Is it possible to just report the truth anymore? I mean, even accusing the Russians based on cyber fingerprints is plain stupid. No one knows who hacked the DNC servers. We do however, know the liberals have not taken responsibility for deliberately and underhandedly undermining the campaign of Bernie Sanders. Is there no accountability for this?
America is Already Great
By the way, I agree with Michelle and Barack Obama, Tim Kaine, Joe Biden and the other liberals who in their speeches this week at the DNC proclaimed that America is already the greatest country on the planet. It is a true statement; the problem is 68% of the American people believe the country is on the wrong track.
So, how much greater would our country be with secure borders, lower taxes, the removal of excessive regulations, the strongest military, FAIR and free trade agreements, the destruction of radical islam and on and on. We have plenty of room to improve but it will not happen with the same people doing the same nothing they have been doing for decades.
Speaking of Hillary, didn’t she look stunning last night in her pure white outfit? I wonder who thought that one up. Innocent, like a virgin bride. Yeah, right. It is a scam folks. Thankfully, Donald Trump is not your run of the mill, all talk and no action politician and I and many others are glad for that and what he wants to do for our country. Whether he is successful in getting all (unlikely) or only some of these things done or at least started, it is good for the United States and her people.
“MAKE AMERICA GREAT AGAIN”
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.