Black voter approval of Trump hits 45%

President Donald J. Trump disembarks Air Force One at Wilkes-Barre Scranton International Airport in Avoca, Pennsylvania, Aug. 20, 2020 (Official White House photo by Tia Dufour)

President Trump’s approval rating among likely voters reached its pre-coronavirus high of 52% on Friday, including an astonishing 45% of blacks, according to Rasmussen’s daily presidential tracking poll.

Rasmussen had Barack Obama at 47% approval at the same point in his presidency. And Obama and George W. Bush were both under 51% approval on the day they won.

The tracking poll on Friday found 42% “strongly approve” and 42% “strongly disapprove” of Trump’s performance.

A Zogby Analytics poll on Aug. 26 also had Trump’s approval at 52% along with 36% approval among blacks.

A poll released Aug. 31 by a separate company, Zogby Strategies found one in five likely black voters supporting President Trump.

That’s nearly twice what Trump campaign officials believe is needed to win in November, wrote the Washington Examiner’s Paul Bedard.

He noted the survey was taken after last week’s Republican National Convention featuring many minority speakers.

As WND reported, black speakers at the Republican National Convention recounted Trump’s accomplishments for the black community over the past three years in contrast to Joe Biden’s 47 years in Washington.

Among Trump’s successes for blacks are are the lowest unemployment rate ever, the prison and criminal sentence-reforming First Step Act, the “opportunity zones” that incentivize investment in poor areas, permanent funding for historically black colleges and universities, and promoting school choice.

wnd-donation-graphic-2-2019

The post Black voter approval of Trump hits 45% appeared first on WND.



Source: WND Politics, Black voter approval of Trump hits 45%

Jessica Krug, the George Washington University professor who lied about being Black, will not resume teaching this semester – CNN

  1. Jessica Krug, the George Washington University professor who lied about being Black, will not resume teaching this semester  CNN
  2. White US professor Jessica Krug admits she has pretended to be Black for years  The Guardian
  3. GWU professor who pretended to be Black will not teach fall semester  Fox News
  4. Jessica Krug and the evil power of stereotypes  New York Daily News
  5. White college professor admits she lied about being Black  WTOP
  6. View Full Coverage on Google News



Source: Google News, Jessica Krug, the George Washington University professor who lied about being Black, will not resume teaching this semester – CNN

Buttigieg says Trump 'must think we're all suckers' by denying report he disparaged fallen soldiers – Fox News

  1. Buttigieg says Trump ‘must think we’re all suckers’ by denying report he disparaged fallen soldiers  Fox News
  2. Trump said U.S. soldiers injured and killed in war were ‘losers,’ magazine reports  The Washington Post
  3. Reporters blasted for ‘shamefully embarrassing’ softball questions at rare Biden press conference  Fox News
  4. We are all ‘losers’ in Trump’s America  The Washington Post
  5. How many insults will service members and military veterans take from Trump?  New York Daily News
  6. View Full Coverage on Google News



Source: Google News, Buttigieg says Trump ‘must think we’re all suckers’ by denying report he disparaged fallen soldiers – Fox News

In His Last Hours, Portland Murder Suspect Said He Feared Arrest – The New York Times

  1. In His Last Hours, Portland Murder Suspect Said He Feared Arrest  The New York Times
  2. Antifa-linked Portland shooter appeared to target victim, images show  New York Post
  3. NY Times scrubs ‘Antifa’ reference from top of its report on Portland suspect Michael Reinoehl  Fox News
  4. ‘Tracking down’ Portland shooting suspect Michael Reinoehl was ‘significant accomplishment,’ says U.S. attorn  OregonLive
  5. New images show Antifa activist lying in wait before fatal shooting of pro-Trump demonstrator  Daily Mail
  6. View Full Coverage on Google News



Source: Google News, In His Last Hours, Portland Murder Suspect Said He Feared Arrest – The New York Times

NEW WORLD ORDER: Australia Begins Arresting Citizens Posting Non-Approved COVID Talking Points – Ohio Passes Order to Create Corona Shelters – Dr. Fauci Claims Sky Is Falling


A pregnant Australian woman was arrested this week for posting unapproved corona talking points on her Facebook page.

The left and globalists have no problem with this.

As COVID begins to fizzle out, Dr. Fauci yesterday inserted fears in the markets by claiming that the number of COVID cases is “unacceptably high”:

In Ohio on Monday the state’s governor Mike Dewine passed an order that creates FEMA camps to isolate COVID contaminated people:

This is in spite of the fact that the US decided to shut down the US economy for 15 days to slow the spread of the China coronavirus 173 days ago:

This also is in spite of the fact that COVID is basically fizzling out:

Maybe it just doesn’t matter, maybe we’ll soon be like Australia this week where individuals are arrested for posting about a lockdown protest where he encourages people not to attend:

We are close to if not already living the world where everything is officially upside down and your rights no longer matter.

The post NEW WORLD ORDER: Australia Begins Arresting Citizens Posting Non-Approved COVID Talking Points – Ohio Passes Order to Create Corona Shelters – Dr. Fauci Claims Sky Is Falling appeared first on The Gateway Pundit.



Source: The Gateway Pundit, NEW WORLD ORDER: Australia Begins Arresting Citizens Posting Non-Approved COVID Talking Points – Ohio Passes Order to Create Corona Shelters – Dr. Fauci Claims Sky Is Falling

Bears expected to name Mitchell Trubisky as starting QB, source says – ESPN

  1. Bears expected to name Mitchell Trubisky as starting QB, source says  ESPN
  2. Yahoo sources: Bears expected to name Mitchell Trubisky starting QB over Nick Foles  Yahoo Sports
  3. Mitchell Trubisky wins Bears quarterback battle, will reportedly start over Nick Foles vs. Lions in Week 1  CBS Sports
  4. Bears going with Mitchell Trubisky for Week One  NBC Sports – NFL
  5. Lions killer Mitchell Trubisky to get starting nod for Bears in Week 1  MLive.com
  6. View Full Coverage on Google News



Source: Google News, Bears expected to name Mitchell Trubisky as starting QB, source says – ESPN

Two self-proclaimed members of 'Boogaloo Bois' charged with attempting to support Hamas

Two self-proclaimed members of the “Boogaloo Bois” were arrested by federal agents after allegedly conspiring and attempting to become “assets” to a foreign terrorist organization that shared their “anti-US government views,” the Justice Department announced on Friday.



Source: CNN, Two self-proclaimed members of ‘Boogaloo Bois’ charged with attempting to support Hamas

Charges dropped against man who was prosecuted six times for murder – The Washington Post

  1. Charges dropped against man who was prosecuted six times for murder  The Washington Post
  2. After 6 Murder Trials and Nearly 24 Years, Charges Dropped Against Curtis Flowers  The New York Times
  3. Mississippi drops case against Curtis Flowers after he was tried 6 times on murder charges  CNN
  4. Mississippi AG drops charges against black man tried 6 times in same murder case  New York Post
  5. No 7th trial for Mississippi man freed from prison in 2019  NBC News
  6. View Full Coverage on Google News



Source: Google News, Charges dropped against man who was prosecuted six times for murder – The Washington Post

Two self-proclaimed members of 'Boogaloo Bois' charged with attempting to support Hamas – CNN

  1. Two self-proclaimed members of ‘Boogaloo Bois’ charged with attempting to support Hamas  CNN
  2. Two ‘Boogaloo Bois’ Charged With Conspiring to Provide Support to Hamas  The Daily Beast
  3. DOJ charges ‘Boogaloo Bois’ with attempting to support Hamas in terror case  Fox News
  4. Far-right ‘Boogaloo Bois’ suspects charged in terror case; sought roles as ‘mercenaries’ for Hamas  USA TODAY
  5. Justice Dept. Charges 2 With Trying to Support Hamas  The New York Times
  6. View Full Coverage on Google News



Source: Google News, Two self-proclaimed members of ‘Boogaloo Bois’ charged with attempting to support Hamas – CNN

Fauci: 'Beaches Are Fine' if You Maintain Distance, So Are Small, Outdoor Gatherings with Masks and Handwashing

On Friday’s broadcast of CNN’s “Situation Room,” White House Coronavirus Task Force member Dr. Anthony Fauci stated that over the Labor Day weekend, “beaches are fine, as long as you try to keep some distance between yourselves and others.” And

Source: Breitbart, Fauci: ‘Beaches Are Fine’ if You Maintain Distance, So Are Small, Outdoor Gatherings with Masks and Handwashing

The Fed's Latest Lie: It Can Make Everything Go Back To Normal

The Fed’s Latest Lie: It Can Make Everything Go Back To Normal

Tyler Durden

Fri, 09/04/2020 – 19:45

Authored by Brendan Brown via The Mises Institute,

The Fed Emperor’s New Clothes Show is a continuous comedy without laughter. The latest act, the virtual Jackson Hole conference (August 27), was dreadful.

The show’s audiences are accustomed to the Fed chair and his board delivering solemn pronouncements about their aims—low inflation, high employment, and financial stability. These officials play their parts according to script. They never explain how they will fulfill their promise—it is all boast and no substance. The assembled courtiers, including the financial media representatives who form part of the Fed’s propaganda machine, never ask difficult questions. Those inclined toward skepticism fear exposing their own lack of knowledge or losing their jobs.

In the just finished Jackson Hole episode, Chief Powell revealed that the Fed is now to target an average 2 percent inflation over the medium and long run, meaning that it will “steer” inflation above that level as needed to compensate for periods when it has languished below. Yet in the contemporary monetary system without anchor, there is no high-powered money aggregate whose growth firmly sets boundaries to the long-run path of goods and services prices. Instead, the Fed seeks to achieve its target by employing the blunt and highly imprecise instruments of interest rate manipulation, while counting on inertia of inflation and inflation expectations. That is always a recipe for huge economic and financial instability.

The essence of the policy framework review, just unveiled by Chief Powell, is that the Fed will be slower than in recent cycles to adapt that blunt instrument to any incipient buildup of monetary inflation symptoms in goods and services markets. Accordingly, the danger of an inflation breakout at some point in the future has increased. An extended deep recession through the present pandemic and beyond would delay that point.

Speculation on this Fed policy adjustment has been rife for many months. Similar shifts are occurring abroad, notably in Europe and Japan. The reality, though, is that the army of PhD economists at the Fed has not made a discovery in econometric science which would now reliably link the path of manipulated interest rates to the price level over time.

In fact, Chief Powell announced that his economics staff have discarded at last one notorious component of their craft, the notorious Phillips curve (purporting to relate the level of unemployment to inflation) while putting nothing in its place. And the chief has joked about the r stars and u stars (neutral interest rate and natural unemployment rate estimates) which once featured so heavily in Fed econometrics, notably in the application of the notorious “Taylor rule.”

Many of us already are so disenchanted with the central bankers led by the Fed hegemon that we just ignore the daily, weekly, or monthly theatricals – unless we are trying to profit from the asset price fluctuations which these give rise to in the short run. We should not, though, in our nonattendance of these shows overlook the degradations that monetary decisions announced there are inflicting on ourselves, whether in terms of our personal freedoms or of our reasonable hopes of enjoying economic prosperity.

As regards liberty, this Jackson Hole policy review blasts another wide gap in the constitutional guardrails which are meant to guarantee the right of US citizens to enjoy sound money. Of course, those guardrails were damaged severely almost a century ago when the Supreme Court ultimately approved the Roosevelt administration’s monetary radicalism. But now we have the Federal Reserve expanding and enforcing its 2 percent inflation standard without any challenge in prospect, whether from Congress, to which the Fed is “answerable,” or from the courts.

As regards the threat to economic prosperity, consider the present unique historical situation of Fed-created asset and credit market frenzy in the midst of a vast supply shock induced by pandemic. The sequel could yet be steep further recession, notwithstanding some recent rebound in economic aggregates as governments lift lockdowns.

The combination of pandemic with the interest income famine created by Fed policy has proved remarkably fertile ground for two speculative narratives.

  • The first is that “determined action” by the Fed (and foreign central banks), including huge asset market purchase programs financed by money-printing, has removed solvency risk; hence the vast demand for high-yield (risky) credit during this pandemic.

  • The second relates to monopoly profits from accelerated digitalization. According to this narrative, these present or potential mega-profits will far outlive the pandemic.

All this speculative froth has added to the appearance of giant monetary stimulus.

The froth, however, could dissipate suddenly—well before the arrival of any postpandemic boom economy. The mother of all monetary stimuli could turn out to be worse than a dud—a catalyst to a slide into further recession just as the supply shock of pandemic recedes. The Fed’s efforts to avoid financial crisis during the height of the pandemic could yet precipitate a still bigger crisis

No one can predict (in honesty) the dynamics of massive momentum trading into “pandemic stocks” and high-yield credit driven by highly dubious narratives of thirty years of high monopoly rents ahead or the Fed having extinguished insolvency risks. That depends on knowing when a round of investors deciding to take profits in these quasi Ponzi schemes finds there is no new layer of investors to sell to and the other potential buyers—shorts closing their position—have long since exited the field, in most cases terrified by losses to date.

We do know, however, that the collateral against huge amounts of credit is tied in value to expanses of malinvestment, whether in emerging markets, global supply chains, or the brick-and-mortar economy, including commercial real estate, travel, energy extraction. Feared and actual destruction of collateral value is what drives the dynamics of recession and depression and this will likely transcend the journey of the pandemic.

The economic damage of pandemic as witnessed to date does not spare us from further revelation of huge misallocation and waste in consequence of the great asset inflation from 2013–20. The supply shock has highlighted some areas of malinvestment (especially aircraft, travel, shopping centers) while camouflaging others (for example excessive digitalization). Banks and credit institutions, especially in Europe, are critically vulnerable to collapse in collateral values. Neither fantasy about big tech monopoly rents nor vaccines and drug therapies can wipe away accumulated malinvestment and related credit losses.

The emperor in the show, whether we take this as Chief Powell or ultimately the president in the White House who appointed him, is now promising the audience a return to the “prosperity of the pre-pandemic economy.” 

Whether this would have endured ostensibly much longer without the interruption of pandemic is dubious. But the prosperity which the big monopolists are now promising us, based on accelerated digitalization driven by the exigences of the pandemic, is surely a mirage.

Meanwhile Chief Powell blatantly fails to reveal that the biggest beneficiary of his reformed inflation target will be big government, for whom his institution is now a mammoth tax collector, with emphasis at first on monetary repression tax, and later on inflation tax.



Source: Zero Hedge, The Fed’s Latest Lie: It Can Make Everything Go Back To Normal