Pooky

Jobs have been a major talking point, with the Biden administration taking credit for returning the jobs lost under the pandemic shutdown, which Governor Walz enforced with almost religious zeal. Now, it turns out, some of the previous strong “growth” was just the Feds being less than honest with their numbers, overstating them to the tune of up to a million phantom jobs. https://markets.businessinsider.com/news/stocks/job-market-revisions-shake-up-fed-stock-market-this-week-2024-8 it will be interesting to see how this hits the stock market, especially while the Democrat convention is in full swing.

They have to say it was a very large crowd. To admit the truth would be un-Democrat 😒

Where are all the Democrats? https://www.the-sun.com/news/12238899/dnc-empty-seats-joe-biden-hillary-clinton-speeches/amp/ Empty seats to go with empty promises.

Price fixing and price control, Commie Kamala style". Robert Sterling, CFO of Alfa Lion, breaks down the Harris plan for price controls on food: ------ People need to stop overreacting about Kamala’s plan to reduce food inflation, as if it would lead to communism, mass starvation, and the end of America. I worked in M&A in the food industry. Here’s a step-by-step summary of what would actually happen: 1. The government announces that grocery retailers aren’t allowed to raise prices. 2. Grocery stores, which operate on 1-2% net margins, can’t survive if their suppliers raise prices. So the government announces that food producers (Kraft Heinz, ConAgra, Tyson, Hormel, et. al.) also aren’t allowed to raise prices. 3. Not all grocery stores are created equal. Stores in lower-income areas make less money than those in higher-income areas, as the former disproportionately sell lower-margin prepackaged foods (“center of the store”) instead of higher-margin fresh products like meat (“perimeter of the store”). Because stores in lower-income areas aren’t able to cover overhead (remember, even if their wholesale costs are fixed, their labor, utilities, insurance, and other operating expenses aren’t fixed… yet), grocery chains start to shut them down. Food deserts in rural areas and in low-income urban areas alike become worse. 4. Meanwhile, margins for food producers are also quickly eroding. Their primary costs (ingredients, energy, and labor) aren’t fixed, and their shrinking gross profits leave less cash flow available to cover overhead, maintain facilities, and reinvest in additional production capacity. 5. Grocery chains, which have finite shelf space, start to repurpose their stores (those they didn’t have to shut down, I should say) to sell more non-price-controlled items—everything from nutrition supplements to kitchenware to apparel—and less price-controlled food products. Your local Kroger or Safeway starts to look and feel more like a Walmart. 6. Food producers stop making products with lower margins. Grocery chain start competing with each other to secure inventory. Since they can’t compete by offering stronger prices (remember, producers aren’t allowed to raise prices here, and, even if they could, grocery chains no longer have the gross profit to bear price increases), they compete on things like payment terms. 7. Small grocery chains start to shut down entirely, or get sold to larger chains like Kroger. In addition to not being able to cover fixed costs, a major reason for this is because they can no longer reliably secure delivery of products, due to producers prioritizing sales to larger customers, which are able to leverage their stronger balance sheets to offer superior payment terms. 8. Smaller food producers—which typically sell via distributors, rather than directly to grocery chains—start to go out of business. Because these producers have an additional step their value chains, and because they have lower volumes over which to spread their fixed costs, their cost structure is inherently disadvantaged compared to major food producers. When grocery stores aren’t able to raise prices, cutting product costs becomes all the more important, and deprioritizing purchases from smaller producers is an easy way to do so. 9. As supply chains break down, lines start to form outside grocery stores every morning. Cities assign police officers to patrol store parking lots, and food producers draft contingency plans to assign armed escorts to delivery trucks. 10. The federal government announces a program to issue block grants for states to purchase and operate shuttered grocery stores. The USDA also seizes closed-down production facilities. 11. The government announces that prices for all key food costs—corn, wheat, cattle, energy, etc.—are also now fixed, to stop “profiteers” from gouging the now-government-operated food industry. 12. Shockingly, the government struggles to operate one of the most complex industries on the planet. The entire food supply chain starts imploding. 13. Communism, mass starvation, and the end of America quickly ensue. Hey wait a second ... 🤔

In this case, although the icing warning was given, the pilots may not have been aware of an issue with the plane. Most likely it was their attempt to regain altitude that precipitated the stall, further bleeding off airspeed until one wing stalled, throwing them into the spin. it would be interesting to know whether there was anything on the cockpit voice recorder for the minute or so it took to from the initial problem to the final impact. I understand that there was no distress call, so the possibility the crew were incapacitated cannot be ruled out.

And now this … 😱 Secret Service Investigating Report Agent Left Trump Event to Breastfeed https://www.newsweek.com/secret-service-investigating-report-agent-left-trump-event-breastfeed-1939973 Seriously, even the Babylonbee couldn’t make this up if they tried.

The flight track data shows a loss of speed and altitude, immediately followed by a climb to regain the altitude loss. The it fell out of the sky. Likely icing caused the loss of speed an altitude, and the climb caused the plane to stall. The stall cause the flat spin from which the flight crew could not recover. The ATR family does not respond well to icing.

‘Resentful’ Joe Biden Set to Snub Barack Obama and Kamala Harris Speeches at DNC https://www.yahoo.com/news/resentful-joe-biden-set-snub-134106186.html

But it could be the inflection point DJT needs to finally convince the undecided/wavering voters that this the conclusive proof of lawfare being waged against him.

With the propaganda machine in full swing, why would she need to?

He doesn’t care.

Rather, they collectively were decided that they should be Democrat in name only and abandon all pretense of democracy within their party. Combined with a fawning press corps, who will shamelessly spin any story in a positive light where the DNC/Politburo is involved and the democracy they have stated they wish to preserve has already gone the way of the dodo. Unless the GOP somehow, despite the avalanche of propaganda, prevail in November, this experiment is over.

Joseph Goebbels would be green with envy, if he wasn’t dead already. 💀

it matters.

It sounds like what happened in Vegas isn’t staying in Vegas. https://www.dailymail.co.uk/video/joebiden/video-3250489/Video-Police-confirm-Biden-421-Vegas-emergency.html As more reports filter out, it seems that the President’s medical emergency in Vegas and his subsequent five day absence from public view were covering a serious medical event. Will we, the people, ever be told the truth?

They are very loud crickets 🦗 Despite the lack of progress figuring out exactly what went wrong on the day, the amount of sheet incompetence, negligence and downright Keystone Cop-level farce prevalent in the Secret Service beggars belief.

if choosing Tim Walz over Josh Shapiro didn’t give those Jewish Democrats pause for thought, Walz’s associated with this cleric and his funding of the Muslim American Society, a known supporter of Islamic terrorism, should give them distinct cause for concern.

And the sheep are happy to go where the sheepdog directs them. Trump not attending the GOP debates is not even remotely comparable to the Democrat party abandoning democratic principles to appoint the candidate the party elites wanted in 2020. Even without being at the debates, Trump was still elected as the Republican candidate by the democratic vote. So which side still believes in those democratic principles? Certainly not the Democrats.

To Merry Christmas or not to Merry Christmas … that is the question 🎅🏻

Kamala Chameleon 🐸

Did Kamala Chameleon’s VP pick associate with a Muslim cleric who admires Hitler and provide funding for a group that sympathises with Muslim terrorists? Apparently so. https://www.coloradopolitics.com/gabe-kaminsky-and-ben-shapiro-detail-report-on-tim-walz-s-ties-to-hitler-promoting/article_dddbcd39-1f34-5ad3-9255-f24314ed6ac3.html it seems stolen valour isn’t the only thing her team missed in vetting their running mate. Or did they pick him, in part, because of this? 🤔

it’s sickening to think that the U.S. would even consider descending to the level of Russia, China, North Korea , Iran, et al, and letting this animal escape without consequences. I guess the Green New Deal isn’t as important as getting Venezuela’s oil back into the open market as soon as possible. 😒

The President cannot speak casually, because his mental decline is such that he would likely be insensible more than half the time. The Vice President will not speak casually because she would word salad any unscripted response so badly she would make the President seem coherent, her patronising and condescending tone of voice would lose her a point in the polls, her temper another point and the cackling when she thinks she’s just been funny will lose her two more. Her running mate is not allowed to speak casually to keep up the illusion he’s not a lying, two-faced, cowardly, commie ratfink bar steward brought onto the ticket simply to make Kamala look centrist-ish. Sound about right? 🤔

Political Correctness is an oxymoron 🤨