The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index Increased Slightly Suggesting Modest Growth
Modest growth in economic activity in July and early August was suggested by the Chicago Fed Survey of Business Conditions (CFSBC) Activity Index, which increased to -18 from -23.
The CFSBC Manufacturing Index increased to a neutral value from -31.
US Raw Steel Production Rose Last Week
US raw steel production rose 0.9 percent last week as mills operated at an ACUR of70.8 percent. In the corresponding week last year mills operated at an ACUR of 71.5 percent. On the year mills have produced prox 61,000,000 tons at an ACUR of 72.4 percent, last year mills had produced prox 62,000,000 tons at an ACUR of 72.3 percent. Must have been more capacity on line last year at this time.
Planeloads of Cash
The Obama administration followed up a planeload of $400 million in cash sent to Iran in January with two more such shipments in the following 19 days, totaling another $1.3 BILLION, according to congressional officials briefed by the State, Treasury and Justice departments.
The cash payments-made in Swiss francs, euros and other currencies-settled a decades old dispute over a failed arms deal dating back to 1979.
This administration just bends over backwards to do everything they can to accommodate the Iranians in their relentless pursuit of the Obama legacy. Another joke.
What is Aleppo?
You may have heard of Gary Johnson, former governor of New Mexico, now the Libertarian candidate for president. “Mr. Johnson drew a blank on Thursday when asked about the humanitarian crisis ravaging the Syrian city of Aleppo. Asked about the city on MSNBC’s “Morning Joe,” Mr. Johnson was unfamiliar with the name. “What is Aleppo?” Mr. Johnson asked. Mr. Barnicle, a panelist on the show, then asked “Are you kidding?” “No” replied Mr. Johnson. “Aleppo is in Syria,” Mr. Barnicle said. “It is the epicenter of the refugee crisis.” “OK, got it,” Mr. Johnson said.” ~WSJ
The guy has no business running for this office, I know he is a pacifist (no one wants our men and women at war) and all that good crap but a total lack of knowledge on headline news is an abdication of responsibility. Wake up America…there is only ONE good choice for president on November 8 and that, my friends, is Donald J. Trump.
Still confounding: You may recall my mention in past weeks of people involved with the Clinton’s suddenly showing up dead. Four people since June. That is correct, FOUR people since June. Coincidence? When you are dealing with the Clintons it is highly unlikely. All of them were preparing to testify or provide incriminating information about Bill and/or Hillary.
“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.