Rubio post-mortems miss the point. In the end, it is just more fall-out from crony capitalism.
After Watching Baseball Game In Cuba, Obama Orders U.S. Flags At Half-Staff "Out Of Respect" For Brussels VictimsSubmitted by Tyler Durden on 03/22/2016 18:06 -0400
"As a mark of respect for the victims of the senseless acts of violence perpetrated on March 22, 2016, in Brussels,Belgium, by the authority vested in me as President of the United States by the Constitution and the laws of the United States of America, I hereby order that the flag of the United States shall be flown at half-staff at the White House and upon all public buildings and grounds"
Following yesterday's awkward press conference, democracy-enforcing President Obama is set to address the Cuban people (living under a dictatorship). We are sure the Nobel-peace-prize winner will offer hope for 'freedom', suggest 'change' is coming, and downplay any fiction-peddlers. Of course, given the atrocities in Belgium we assume he will also address the lockdown and removal of personal freedom underway in Brussels also.
Existing home sales plnged 7.1% MoM in February, massively missing expectations of a 3.0% drop. Absent the regulation-driven drop in November, this is the largest MoM drop since July 2010 as realtors warn that "home prices and rents outpacing wages and anxiety about the health of the economy are holding back a segment of would-be buyers."
After the February jobs report, President Obama said “America’s pretty darn great right now.” He then went on to disparage the “doomsday rhetoric” of the Republicans, which he said was pure “fantasy. I think that there is a good chance that this will enter the Hall of Fame of miss-timed statements, right up there with this jewel from Ben Bernanke in March 2007: “At this juncture, however, the impact on the broader economy and financial markets of the problems in the sub-prime market seems likely to be contained.”
"Are We Sure He's A Mormon?": Trump Questions "Choke Artist" Romney's Religious Credentials In Utah RallySubmitted by Tyler Durden on 03/19/2016 10:08 -0400
Behold, a Trump syllogism: Trump "loves" Mormons; Trump doesn't love Mitt Romney; Romney might not be a Mormon.
Today at 11:00, President Obama will announce Merrick Garland as his nominee for the Supreme Court seat left vacant by the death of revered Justice Antonin Scalia.
- Trump knocks Rubio out of race, Republicans in turmoil (Reuters)
- Fed to Signal Worst Is Over, Hikes Coming: Decision-Day Guide (BBG)
- Four Economists See a Surprise from the Fed This Week (BBG)
- Global Stocks Muted Ahead of Fed Announcement (WSJ)
- Stop-Trump Groups Make One Last Bet on Rubio, and Lose (BBG)
- China's Li Seeks 'Win-Win' for Growth-Reform Plan Analysts Doubt (BBG)
Shortly after beginning his speech at a rally in Dayton, Ohio, Donald Trump was rapidly surrounded by Secret Service agents after an audience member grew increasingly raucous to the point of Trump appearing to duck at hearing a noise. Trump did not leave the stage and carried on with his speech, adding "I was ready for him, but it's much easier if the cops do it, don’t we agree?" This comes after last night's violent protests (which Soros-funded MoveOn.org have taken credit for) and this morning's misinformation about the cancellation of the Ohio rally.
"Super delegates don't "represent people" I'm not elected by anyone. I'll do what I think is right for the country..." Any questions?
While admitting he shares some blame for the widening partisan divide during his term in office, President Obama dismissed the notion that he's responsible for the rise of Donald Trump, who has harnessed voter anger during his presidential run, urging GOP elites to do some "introspection" about the how "the politics they've engaged in allows the circus we've been seeing to transpire."
Hillary Clinton is "deeply concerned" about Iran's missile tests, but President Obama proclaims this act does not violate the treaty? With The White House today saying it will "redouble" its efforts to limit Iran's nuclear ability and noting that the US wouldn't be surprised to see more test-fires this week, we wonder just what it takes to "violate" the treaty? Maybe we should ask North Korea...
Janet Yellen is in a very difficult spot. If she continues to ignore the growing signs of recession, she runs the risk of letting one develop prior to the election. This would favor the Republican challenger who would be disinclined to reappoint her as Fed Chairwoman, if elected. Allowing the Greenspan bubble to bust on Bush’s watch sealed John McCain’s fate, allowing Obama to ride a wave of voter outrage into the White House in 2008. Yellen does not want Trump to catch a similar wave in 2016. As a result, we expect the Fed to soften its rhetoric in the very near future.
"In retrospect the idea that an increasingly internationalized political elite would automatically remain faithful agents of their own populations should have rang alarm bells." Who are the internationalized political elite faithful too?
“We the people” have been utterly and completely betrayed. The politicians “we the people” most trusted to look out for our best interests, protect our rights, and ensure that the nation does not slip into tyranny have cheated on us, lied to us, swindled us, deceived us, double-crossed us, and sold us to the highest bidder. Incredibly, even in the face of their treachery and lies, the great majority of Americans persist in believing that the politicians have the people’s best interests at heart.