US Raw Steel Output
US raw steel output rose 3.3 percent last week as mills operated at an ACUR of 72.8 percent. In the corresponding week last year, mills operated at an ACUR of 79.6 percent. On the year mills have produced prox 47,000,000 tons at an ACUR of 72.4 percent, down from prox 51,000,000 tons at an ACUR of 77.6 percent in the same period last year.
The July 2015 Empire State Manufacturing Survey, released 7/15
… indicates that business conditions improved slightly for New York manufacturers….Indexes for the six-month outlook suggested that optimism about future business conditions was slightly higher than in June, but in line with the trend over the past six months, expectations for improvement remained subdued.”
The Fed Beige Book-July 15, 2015
All twelve Federal Reserve Districts indicated that economic activity expanded from mid-May through June…”
The Federal Reserve Bank of Philadelphia July 2015 Manufacturing Business Outlook Survey
It reported modestly increased activity in the region during July. Indicators for general activity, new orders and shipments remained positive although they declined from their June readings…the survey’s index of future activity improved slightly, indicating firms expect continuing growth in the manufacturing sector over the next six months.
Miraculously, a nuclear deal (?) has been reached with Iran, the details have not yet been released but in my opinion, it cannot be good. From what we know, they can continue to enrich uranium, they can continue developing ballistic missile systems (which could reach the east coast of the United States), sanctions will be lifted which will pour billions of dollars to Tehran which they will spend funding terrorist actions etc., they can keep some 5 thousand centrifuges… and on and on and on.
The extent, to which we have capitulated to their demands in order to get a deal, any deal, is sickening. They get what they want, the United States and the rest of the free world? Well, we get screwed. This is simply horrible, just horrible.
The president, however, insists this is a good deal and that all pathways to a nuclear bomb are cut-off…at least for 10 years. It would be nice if Iran could be trusted to fall in line, but they can only be trusted to be Untrustworthy, and therein lies the rub. Just last week Rouhani was at a demonstration shouting “death to America and death to Israel”. This is who we are “negotiating” with? I hope I am proven wrong but I fear that bad things will happen as a result of this.
All Lives Matter
…by the way, the president, who spoke to the nation regarding the murder of Trayvon Martin and the tragedies in Ferguson and Baltimore and who also took the time to write 46 personal letters to the families of felons whose sentences he commuted this week, has yet to say a word about the murder of Kate Steinle or has yet to reach out to her grieving family. You know what? White lives matter too Mr. President (as do the lives of all law abiding citizens).
Thursday morning an apparently radicalized 24 year old Muslim opened fire at two military facilities in Chattanooga, TN, shot and killed four unarmed ( it is a gun-free zone! Imagine that, our military men and women without weapons, this is just too much of the politically correct bullshit) United States Marines and wounded several others.
This punk was born in Kuwait in 1990, came over here and received an education in our land of milk and honey and then pulls this bullshit. His father has been on a terrorist watch list here. Are you fu*cking kidding me?
You know what I believe? These rats indoctrinate their children from birth; the plan for his life was to do this at some point. I don’t know about you, but I am sick and tired of this crap. If it takes profiling to eliminate this problem or stop some of these terrorist acts in our country, then so be it. If it looks like a rat and smells like a rat…
The president calls him a “lone gunman”…get your head out of your ass. This is radical Islam at work, call it what it is Barack Hussein Obama. There are likely thousands of these creeps living in our country, waiting to pounce and cause harm.
Just received a news blurb from WSJ:
Counterterrorism investigators are looking closely at a month-long trip the Chattanooga shooter took to Jordan in 2014, to determine if he had contact with any extremists or travelled to other countries…”
What the hell do they think he was doing? Picking poppies? How is it possible that he has made several of these trips and yet our intelligence is not watching him very closely? Is this not what we are paying these agencies to do?
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.