Worsening Economic Outlook
Worsening economic outlook signaled as the US LEI declined for the thirteenth consecutive month in April,” said Justyna Zabinska-LaMonica, Senior Manager, Business Cycle Indicators, at the Conference Board.
The Conference Board Leading Economic Index (LEI) for the US declined 0.6 percent in April following a decline of 1.2 percent in March.
Empire State Manufacturing Survey Reports Business Activity Fell Sharply in NEW York State
The Federal Reserve Bank of New York released its Empire State Manufacturing Survey and reports business activity fell sharply in NEW York State, according to firms responding to the May 2023 survey. The headline general business conditions index dropped forty-three points to -31.8. new orders and shipments plunged after rising significantly last month.
US Raw Steel Production Up from Previous Week
In the week ending May 13, 2023, US raw steel production was 1,725,000 net tons at an ACUR of 76.7 percent, up 0.8 percent from the previous week.
US Drill Rigs Running Down from Previous Week
There were 731 drill rigs running in the US last week, down 17 rigs from the previous week, up 17 rigs from one year ago. Canadians added one rig to 94, up one rig from the previous week, up six from one year ago.
May 2023 Manufacturing Business Outlook Survey Reports Manufacturing Activity in the Region Continued to Decline Overall
The Federal Reserve Bank of Philadelphia released its May 2023 Manufacturing Business Outlook Survey and reports manufacturing activity in the region continued to decline overall, according to firms responding to the survey. The survey’s indicators for general activity, new orders and shipments rose from last month, but remained negative.
News Headlines
Did you happen to hear the idiot in the Oval Office give a commencement speech at Howard University in Washington? “Acerbic rhetoric from a partisan (Biden) who demonizes opposition and divides Americans from one another; bottomless self-unawareness from a politician elected president almost accidentally in a moment of crisis, who continues to see himself as some sort of historical savior, cynical cant from a serial fabulist whose distortions are becoming as loathsome as the endless malign fictions of the predecessor he despises and whom he desperately needs as a foil.
Howard is a historically black college, one of the nation’s oldest and most successful, and alma mater of the vice president (Harris). But while perfunctorily noting its successes, the challenges graduates have overcome and the opportunities ahead of them, the president chose to frame his remarks as yet another dark warning of
… an America where white supremacists roam the land and black people live in oppression and fear. When it comes to race in America, hope doesn’t travel alone,” he said. “It’s shadowed by fear, violence and by hate…fearless progress towards justice often meets ferocious pushback from the oldest and most sinister of forces. That’s because hate never goes away.”
Mr Biden waxed about “the poison of white supremacy,” which he claimed is the most dangerous threat to our homeland security.”
What a load of horseshit. You would think, from his vile oratory, that our streets, cities, and states are inundated with white supremacists. Personally, I have never seen one in all my 72 years. This is what the Marxist Democrats do; they thrive on creating division and chaos and continue to spew, virtually about any subject.”
In an age when many Americans seem to be discarding the idea of objective truth, the president treated a graduating class to a blithe array of falsehoods, repeating popular inflammatory fictions his party and the media routinely claim.” Gerard Baker WSJ 5/16/23
The president is a moron. He is also a crook, along with the rest of his family. Hopefully justice will be served on these traitors.
The president and other Marxists met with the Republicans on Tuesday about the debt ceiling. We know the Republicans have presented a bill increasing the debt limit and cutting some spending. Naturally, the Marxists reject the bill. They will not negotiate unless they get what they want. I believe they will come to an agreement. The question is: what will it cost the American people?
Schumer is out there screaming “it must be bipartisan.” Which means if they get their way.
I don’t like any of these people.
The IRS on Monday removed the “entire investigative team” from its long-running tax fraud probe of Hunter Biden in alleged RETALIATION against the whistleblower who recently contacted Congress to allege a cover-up in the case. The purge allegedly was done on the orders of the Justice Department, the whistleblower’s attorney informed congressional leaders in a letter.
How can they get away with this? Will they get away with this? More horseshit.
The Durham Report was released this week, after four years and six million dollars. Guess what? The Marxists invented the Russia collusion narrative. We all knew that; it was a witch hunt against President Trump, instigated by Hillary Rodham Clinton and her foils in the FBI. Will anyone be held accountable? This is quite a disgusting display of corruption in government, exposes the Deep State for what it is, and the danger to Americans which its existence reveals.
What are we allowing to happen to our country folks? I did not vote for electric cars, open borders, men competing in women’s sports and vice versa, men urinating and pooping in the ladies’ room and vice versa, woke ideology in all its forms, the elimination of gas stoves, clothes washers and dryers, the elimination of oil and gas for our energy? Global warming, climate change or whatever they call it now, it is a huge scam on the American people. Obamacare and a myriad of other bullshit they are forcing down our throats. All the above and more, are scams on the American people. The politicians are making a fortune off this stuff. I have four children and four grandchildren, what kind of a country are they going to be left with? This is not the America I grew up in, I am ashamed to say.
We all need to understand that the devil is running our country. Do you believe Biden is a patriot? Are any of the freaks in his cabinet patriots? Are any of the Marxists in the House patriots? Are any of the Marxists in the Senate?
Last week a former Marine subdued a crazy man on a New York subway train, stopping him from harming people just going about the business of the day. The crazy man had been listed as one of New York’s 50 top individuals needing mental help. Fine. The Marine put the guy in a choke hold, other men came to his aid. The crazy man died, then Alvin Bragg, the progressive district attorney, charged the Marine with manslaughter. Seriously. That is just not right. Here we are again where the criminal has been made the victim and, in this case, the civic hero is arrested and charged. Where else does this shit happen? Syria? Iran? China? Russia?
Congressional stooges, on Thursday, interviewed the FBI foot soldiers who claimed whistleblower status to guarantee their safety from retaliation. What? All three of these men lost their jobs, one was forced to move his family etc. You want proof the FBI has been politicized and weaponized against the American people? Look no further. We are living in a country which is regressing to a third world dictatorship or a socialist shit hole from some deep corner of the world. This is all so sad and upsetting.
“MAKE AMERICA GREAT AGAIN”
and
“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.”
