If you missed Kamala Harris’s speech at the Democrat National Convention, you didn’t miss much. The first act was all biography. The second act was all Trump bashing, naturally.
In one of the most stunning moments, she accused Trump of throwing away people’s votes. This is especially rich because Kamala wouldn’t even be the Democrat nominee without the Democrat party throwing away millions of votes from Democrat primary voters who voted for Biden.
“Renewables” such as wind turbines and solar panels ONLY exist to generate occasional electricity under favorable weather conditions, as they CANNOT make tires, toilet paper, iPhones, or any products or transportation fuels to support lifestyles and economies around the world!
Neither VP Kamala Harris nor Minnesota Governor Tim Walz are cognizant that all the parts of spacecrafts, EV’s, and for more than 50,000 merchant ships, more than 20,000 commercial aircraft more than 50,000 military aircraft , 23,000 private planes, and 33 million pleasure boats are made from the products based on derivatives manufactured from crude oil.
In addition, all those merchant ships, commercial and military aircraft, private planes, and pleasure boats, use transportation fuels manufactured from crude oil.
FURTHER, everything that NEEDS electricity to function, like iPhones, iPads, TV’s, computers, data centers, and X-Ray machines are made from the oil derivatives manufactured from raw crude oil.
It’s shocking that neither Harris nor Walz comprehend that electricity was developed AFTER the discovery of crude oil. Without the parts and components to be able to generate electricity such as insulation, copper wiring, computers, control panels, and air conditioning, there would be no electricity from any of the six methods used to generate electricity such as coal, natural gas, nuclear, hydro, wind, and solar.
Amazingly, neither Harris nor Walz have enough Energy Literacy to direct policymakers to write energy policies!
Policymakers have no comprehension that crude oil is virtually never used to generate electricity, but when manufactured into those petrochemicals that are the basis of more than 6,000 products, is the basis for virtually all the products that support Hospitals, Medical equipment, Appliances, Electronics, Telecommunications, Heating and Ventilating, and Communications systems.
Democrat Bexar County Sheriff Javier Salazar took the stage at the Democratic National Convention (DNC) on Wednesday, delivering a speech that seemed more fantasy than reality.
Salazar not only attacked former President Trump, blaming him for Texas’s immigration crisis, but also heaped praise on Kamala Harris, hailing her as “tough on the border.”
“When Donald Trump comes down to Texas and stands next to officers in uniforms just like mine, he’s not there to help us. Don’t think that—not for a second. He is a self-serving man. I mean, look, just like when he killed the border bill, he just made our jobs harder.”
“Now, Kamala, on the other hand, has been fighting border crime for years. She’s gone down to Mexico and worked to stop the traffickers. When the traffickers didn’t stop, she put them in jail.”
“Now, down in my neck of the woods, we call that fooling around and finding out. I may be paraphrasing a bit. We protect them. Now, the border sheriffs that I know and I, we’re like Kamala. We protect and serve. We enforce the law, we show compassion, and we fight like hell to protect our border. Because as we’ve always known in Texas: When we fight, we win.”
Really, we just need to alert readers to this “development” (not really) yesterday and overnight, from Bloomberg:
Fed Confronts Up to a Million US Jobs Vanishing in Revision
US job growth in the year through March was likely far less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling further behind the curve to lower interest rates.
Goldman Sachs Group Inc. and Wells Fargo & Co. economists expect the government’s preliminary benchmark revisions on Wednesday to show payrolls growth in the year through March was at least 600,000 weaker than currently estimated — about 50,000 a month.
So that’s Bloomberg this morning. We’d like to know which “economists” are downplaying the Biden-Harris feints from labor on what our jobs are doing, and where they are going.
We already know that any “gains” in jobs, for years now, has been because of part-time hires, federal hires, and illegal migrant hires. The Labor Department is not forthcoming on these realities, either.
The Business Times offers this analysis vis-à-vis implications for any change in interest rates precipitated by a more honest picture:
US JOB growth in the year through March was likely far less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling further behind the curve to lower interest rates.
Goldman Sachs Group and Wells Fargo economists expect the government’s preliminary benchmark revisions on Wednesday (Aug 21) to show payrolls growth in the year through March was at least 600,000 weaker than currently estimated – about 50,000 a month.
While JPMorgan Chase forecasters see a decline of about 360,000, Goldman Sachs indicates it could be as large as a million.
Have our federal information minders dropped the ball, or has Kamala forgotten to take care of her fraudulent economic/finance picture? Here’s more:
‘A large negative revision would indicate that the strength of hiring was already fading before this past April,’ Wells Fargo economists Sarah House and Aubrey Woessner said in a note last week. That would make ‘risks to the full employment side of the Fed’s dual mandate more salient amid widespread softening in other labor market data.’
However, Kamala may not need to overly worry, as we won’t have anything close to the truth until after the election:
The government’s preliminary benchmark projection will be followed by final revisions that are incorporated into the January employment report to be released in February.
That’s February 2025, folks. If Trump is in by then, he’ll be fixing it. If Kamala’s the man, she won’t notice it anyway.
If you thought Kamala Harris’s price controls scheme was straight out of the Book of Nicolás Maduro, wait till you see what she has in stores with her proposal for a 25% tax on unrealized capital gains.
According to Americans for Tax Reform:
The Harris-endorsed budget calls for an annual 25 percent minimum tax on the unrealized gains of individuals with income and assets that exceeding $100 million. Once in place, it won’t be long before the threshold is lowered to hit more and more Americans.
Americans overwhelmingly oppose taxes on unrealized gains, by a factor of three to one, including 76% of independents. Americans know that a “gain” isn’t “real” until it is actually realized, in hand.
What that means is that if you bought a house for $60,000 in the 1970s, and saw its value go up to $1,000,000 on Zillow last year (which isn’t uncommon in places like California), you’d be on the hook for taxes on a million-dollar property, which would be more than you actually paid for the house, even though it’s the same ordinary house you bought in a middle-class neighborhood back in the ’70s and you haven’t changed residences.
The same could be said of any homeowner, you’d buy a house for $300,000, but as its value rises to $1.2 million, your tax bill would clock in for a $1.2 million property, and not the $300,000 tract home you bought a few years earlier. If the market value went down by the time you sold, to say, $250,000, you will have spent tens or hundreds of thousands of dollars on taxes while actually earning just $250,000 on your investment.
The same could be said of stocks, or crypto, or any asset, it’s not just homes. You’ll pay the huge taxes, but if the price goes down, as it inevitably will on some assets, you’ll have gotten nothing but the huge tax bill already paid.
Vice President Kamala Harris was never the “border czar.” If you’ve kept up with the media lately, you might have noticed that the commentariat seems intent on clarifying that. Axios, among others, recently “clarified” their reporting on Harris’ border mismanagement and disavowed their previous use of the “border czar” title. Given Axios’s key role in fostering a DNC coup against a sitting president, we can interpret that Democrats recognize the scope of their failure on the southwestern border and want to distance themselves from the consequences.
The consequences of the Biden-Harris administration’s border policies are well known and well documented. Violence on both sides of the border, record drug overdoses, and strained public institutions have marked a half-decade of utter chaos. The monotony of endless alien crossings and drug seizures obscures the transformational nature of the crisis, rendering the southwest a pot of boiling frogs.
It’s not a shock that the Democrats have decided to distance Harris from her time overseeing aspects of the administration’s border response. But with the Democratic National Convention underway, conservatives are obliged to review Harris’s failures on the border and communicate the consequences of these failures to the electorate.
Harris was tapped to front the Biden administration’s signature border policy, the so-called “root cause” strategy, in March of 2021. She was placed in charge of “leading the administration’s diplomatic efforts to address the root causes of migration from El Salvador, Guatemala, and Honduras.” At the time, Biden emphatically endorsed Harris as the woman for the job, even going as far as deputizing her to negotiate in his name: “When she speaks, she speaks for me. Doesn’t have to check with me. She knows what she’s doing, and I hope we can move this along.”
Despite the Biden White House’s typical bravado, the “root cause” strategy was seemingly a response to the administration being caught with its pants down. The string of controversies and leaks from the White House in the aftermath of the early Biden border announcements stand as evidence of the administration’s dilemma. After a half-decade of demonizing border enforcement as fascism, the Biden White House quickly dismantled the border enforcement framework left to them by the Trump administration in February 2021. Through a myriad of international deals, stepped-up enforcement, and creative use of authority granted to the executive to combat Covid-19, the Trump administration brought illegal migration to record lows in 2020. Dismantling such a carefully crafted framework was sure to have catastrophic consequences, but the White House pressed ahead regardless. The ongoing catastrophe began to unfold within weeks of the administration’s actions.
Vice President Kamala Harris described her economic agenda Friday in a North Carolina campaign speech. Harris’s proposals were widely described as “populist,” and also drew criticism from across the political spectrum.
Mirroring a policy championed by conservatives and pro-natalists such as Senator J.D. Vance (R-OH), Harris also announced support for a child tax credit of $6,000 for newborns, and otherwise raising the tax credit for families to $3,000, where it was temporarily during Covid, from $2,000.
In another populist policy duplicating a proposal from the Trump campaign, Harris advocated ending taxes on tips for service and hospitality workers.
On housing, Harris intends for the government to create a $40 billion fund for boosting construction, and for the construction of 3 million new housing units over the next four years. Harris also intends to provide $25,000 of assistance to first-generation homebuyers and tax-credits for first-time homebuyers.
One of the most controversial parts of Harris’s economic proposals came when she announced that, if elected president, she intends to use the Federal Trade Commission to impose “harsh penalties” on companies that are engaging in price gouging. Many have interpreted this as a call for price controls, a task possibly beyond the legal powers of the FTC
It is a testament to how utterly extraordinary the past couple weeks have been that the Microsoft-CrowdStrike computer catastrophe was not even the second most important story in the news cycle. On Friday, July 19th, the cybersecurity company CrowdStrike implemented a botched update that crashed Microsoft devices on which it was installed, ultimately inflicting the dreaded “blue screen of death” on over 8.5 million devices worldwide. Banks, businesses, hospitals, and airlines were hit particularly hard, and to this day, some of these institutions are having difficulty restoring functionality to their systems.
Video compilations such as the one below offer arresting images to give the reader a sense of just how globally catastrophic the Microsoft-CrowdStrike crash really was. It was a bit like what people imagined the Y2K scare would have been in the year 2000.
What kind of sense can we make of this? And who is at fault? Given that the botched update in question was implemented by the cybersecurity firm CrowdStrike, a great deal of responsibility would seem to lie there. Readers might be familiar with Russiagate-stained CrowdStrike, as it was the cybersecurity firm the DNC hired to investigate the alleged “hack” of its servers leading to the exposure of highly incriminating and embarrassing emails during the 2016 election between Hillary Clinton and Donald Trump. The recent CrowdStrike-Microsoft outage raises additional troubling questions in light of this history, which others have explored.
For now, we would like to turn the spotlight on Microsoft. As a simple matter of security, Microsoft holds a fair share of the blame for Friday’s catastrophe. Microsoft enables Crowdstrike’s software to exist within the most sensitive layer of its devices, and one would think a tech behemoth such as Microsoft would have stop-gaps and redundancies in place to prevent such global outages from occurring in their systems. A more troubling and important aspect the Crowd-Strike-Microsoft collapse draws attention to, however, is the utter ubiquitousness of Microsoft’s systems globally. A 2021 study revealed that Microsoft’s systems have achieved a whopping 85 percent of market share in public sector software, with an especially acute concentration in the Pentagon.
Elon Musk bemoaned the effect of the Microsoft-Crowdstrike crash on the global automotive supply chain and took to X to express his displeasure with Microsoft in characteristically suggestive and memetic fashion.
Patrons at a Pittsburgh culinary landmark were outraged Monday after they claimed they were forced to leave the premises before Vice President Kamala Harris and Minnesota Gov. Tim Walz arrived for a weekend campaign stop.
Several people who had been enjoying food, drinks and the Pittsburgh Pirates game on TV at Primanti Bros. in Moon, Pennsylvania, on Sunday said they were all forced out of the restaurant promptly at 4 p.m.
Mark Dodson of Collier, who said he was just in the area to enjoy “the Bucs” – as the Pirates are nicknamed – simply wanted a quiet day.
“I wanted to watch some sports and enjoy an afternoon lunch,” said Dodson, as Primanti is known for its signature Pittsburgh-style sandwiches piled high with sliced meats and french fries – a Steel City custom.
Kamala Harris is planning massive tax hikes for corporate America that will inevitably impact the lives of ordinary Americans, her campaign has confirmed.
In a statement provided to NBC News, campaign spokesman James Singer, confirmed she would push for a 28 percent corporate tax rate, calling it “a fiscally responsible way to put money back in the pockets of working people and ensure billionaires and big corporations pay their fair share.”
“As President, Kamala Harris will focus on creating an opportunity economy for the middle class that advances their economic security, stability, and dignity,” said Singer.
While supporters of corporate tax rises will claim that they will not impact ordinary Americans, they will contribute to the continued decline of the American economy, with some companies inevitably moving their operations abroad.
Such a move would also lead to the continued squeezing of small business, higher inflation and consumer prices and less economic opportunity for all.
It would, however, temporarily increase the tax revenue toward the federal government, with which Harris and the Democratic Party will continue to grow the already unsustainable national debt.
Hellbound and Down 
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