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uncledad

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Member since: Tue May 13, 2014, 06:50 PM
Number of posts: 5,555

Journal Archives

Here goes another one.................

White House preparing for exit of national security advisor HR McMaster
https://www.cnbc.com/.../white-house-preparing-for-exit-of-national-security-advisor-...

1 hour ago - McMaster as early as next month, NBC News reports. ... McMaster could leave the White House as early as next month, which would mark only the latest in a series of Trump administration departures, NBC News reported Thursday. ... Last month, the national security advisor drew Trump's ire ...

It's not about the tax cuts.

Look, the R's here have said people deserve the tax cut, because, it's their money, they get to keep. I think most people agree with that. That makes sense. You will have disagreement on the size of the cuts.
The bulk of the cuts come in 2018 after the mid term election. That may help 2020, but right now, it's a case of people agreeing they DESERVED that tax cut. I don't see that changing any votes to the R side.

Gun control has landed in the Oval Office and trump says he wants to do something. He may not have the votes in Congress. I don't think he does. So, it goes nowhere. The left can yell all they want, without the votes in Congress it still goes nowhere. NRA isn't voting for D's anyway, so back to square one.

The flip side of the gun control is who will it bring out to the voting booth? We already know how the NRA will vote. There's a good chance independents will come out in favor of what trump is willing to do. R's in Congress voting against his plan will not get his endorsement or his support. Based on how he operates, he may do a DACA and kick the can back to Congress. Net result back to square one.

Midterms are swing elections that judge what the voters think of the Administration. The left hates him and his own party has "no trumpers" by the score. There's no crooked hillary to vote against in the mid terms. If enough of them stay home...well we will have to wait and see.

I'm sure his base will be there for him to a degree, but, trump the man isn't running until 2020.

Short term, it's not good for R's, not great for D's, but they don't have to defend O or Clinton, both are side lined.

Long term, to far away to tell.

WalMart announced 21 yoa policy to purchase firearms.

0.1 % revision downward of 4th quater 2017 GDP

Updates to GDP

The percent change in real GDP was revised down 0.1 percentage point from the advance estimate,
primarily reflecting a slight downward revision to private inventory investment. For more information,
see the Technical Note. A detailed "Key Source Data and Assumptions" file is also posted for each
release. For information on updates to GDP, see the "Additional Information" section that follows.

2017 GDP

Real GDP increased 2.3 percent in 2017 (that is, from the 2016 annual level to the 2017 annual level),
compared with an increase of 1.5 percent in 2016 (table 1).

Hope Hicks quits.

Just saw this. No link yet

2017 GDP

The economy expanded at a 2.3% rate for all of 2017 after a disappointing 1.5% increase the prior year. That modestly exceeds the tepid 2.2% average during the 8 ½ year-old recovery from the Great Recession of 2007-09.

https://www.bea.gov/newsreleases/glance.htm

A swing and and a miss. Maybe the tax cut will lite a fire in the economy.

Crypto regulator found dead

A ranking official in South Korea who has been developing policy measures against cryptocurrency speculation was found dead at his home in Seoul, the Wall Street Journal (WSJ) reported Feb. 19.

The WSJ reports the official was Jung Ki-joon, the 52 year old head of economic policy at the Office for Government Policy Coordination. Ki-joon was reported to have died of a heart attack while sleeping on Sunday Feb. 18.

In November, 2017 South Korea’s government started weekly meetings of vice ministers to regulate cryptocurrency operations. The deceased official was in charge of integrating opinions of different ministries and offices for meetings headed by Hong Nam-ki, minister of the Office for Government Policy Coordination.

https://cointelegraph.com/.../s-korean-govt-official-in-charge-of-crypto-regulations-fo

Generally I'm opposed to the death penalty.

In this case, I'm willing to make an exception, provided Cruz is mentally competent to stand trial and is found guilty.

In that case, hang him from a gallows in the middle of the Mall in DC with the Congress present.

No public allowed other than families of the victims. Televise it.

CPI is out

U.S. consumer prices rose considerably more than expected in January, fueling fears that inflation is about to turn dangerously higher.

The Consumer Price Index rose 0.5 percent last month against projections of a 0.3 percent increase. Excluding volatile food and energy prices, the index was up 0.3 percent against estimates of 0.2 percent.

The Labor Department indicated that price pressures were "broad-based," with rises in gasoline, shelter, apparel, medical care and food.

Markets reacted sharply to the news, reversing earlier gains and indicating a lower open as Dow futures tumbled about 450 points from their highs. Government bond yields also turned higher, with the benchmark 10-year note most recently trading at 2.88 percent, a gain of about three and a half basis points.

"Faster economic growth over most of the past year has tightened labor and product markets and helped to boost prices at a faster pace," David Berson, chief economist at Nationwide, said in a note. "We expect real GDP growth this year to be around 3 percent — faster than trend and supportive of higher inflation."

https://www.cnbc.com/2018/02/14/us-consumer-price-index-jan-2018.html

Whole person concept.

The adjudicative process is an examination of a sufficient period of a person’s life to make an affirmative determination that the person is an acceptable security risk…The adjudication process is the careful weighing of a number of variables known as the whole-person concept. Available, reliable information about the person, past and present, favorable and unfavorable, should be considered in reaching a determination. In evaluating the relevance of an individual’s conduct, the adjudicator should consider the following factors: (emphasis added)

The nature, extent, and seriousness of the conduct;
the circumstances surrounding the conduct, to include knowledgeable participation;
the frequency and recency of the conduct;
the individual’s age and maturity at the time of the conduct;
the extent to which participation is voluntary;
the presence or absence of rehabilitation and other permanent behavioral changes;
the motivation for the conduct;
the potential for pressure, coercion, exploitation, or duress; and
the likelihood of continuation or recurrence.

https://www.clearancejobs.com/security-clearance-faqs

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