After finishing sixth in the key New Hampshire primary, New Jersey governor Chris Christie is set to bow out of the race for the White House. "We’ve decided that we’re going to go home to New Jersey tomorrow and we’re going to take a deep breath and see what the final results are tonight because that matters," he said.
Literally one second after the polls closed at 8:00 pm, virtually all the media outlets, including AP, NBC and CNN, covering the NH primary called the outcome:
Republican winner: Donald Trump
Democrat winner: Bernie Sanders
While falling oil prices sound like a plausible explanation for the abysmal financial numbers, anyone with a modicum of economic sense (which excludes much of the financial Establishment) can see that it is merely a smokescreen to obfuscate the real culprit.
Starting with the infamous month when it all started falling apart, December 2007, the US has added just 186,000 native-born workers, offset by 13.5x times more, or 2,518,000, foreign born workers.
Speaking of the need for citizen participation in our national politics in his final State of the Union address, President Obama said, “Our brand of democracy is hard.” A more accurate characterization might have been: “Our brand of democracy is cold hard cash.” Cash, mountains of it, is increasingly the necessary tool for presidential candidates. Several Powerball jackpots could already be fueled from the billions of dollars in contributions in play in election 2016. When considering the present donation season, however, the devil lies in the details, which is why the details follow.
More than half (51%) of Muslims in America believe they should "have the choice of being governed according to Sharia." Only 39% of those polled said that Muslims in the U.S. should be subject to American courts. Nearly a quarter believed that, "It is legitimate to use violence to punish those who give offense to Islam by, for example, portraying the prophet Mohammed."
If Fox asked Facebook to tabulate the number of viewers at tonight's GOP republican debate, the answer would probably be over 1 billion. The reality is that most potential viewers will likely be hijacked to tonight's "alternative" event, the one taking place concurrently in Drake University in Des Moines, Iowa where Donald Trump will address Wounded Warriors & Veterans but what he will really do is school the rest of the republican field how to truly control the media narrative and to remain constantly in the spotlight especially when he noweher near it.
When Sunday’s Democratic presidential debate turned to world affairs, the NBC correspondents and both Sen. Sanders and ex-Secretary Clinton fell in line behind "group thinks" about Syria, Iran and Russia that lack evidentiary support. The two possibilities for such behavior are both scary: either these people, including prospective presidents, believe the propaganda or that they are so cynical and cowardly that they won’t demand proof of serious charges that could lead the United States and the world into more war and devastation.
More than 50 years after King was assassinated, his vision of a world without racism, militarism and materialism remains a distant dream. Indeed, the reality we must contend with is far different from King’s dream for the future: America has become a ticking time bomb of racial unrest and injustice, police militarization, surveillance, government corruption and ineptitude, the blowblack from a battlefield mindset and endless wars abroad, and a growing economic inequality between the haves and have nots. King’s own legacy has suffered in the process.
Elections, elections, and more elections is the 'regime change' meme for 2016 but, as Bloomberg details, the key events of the year ahead vary from a California marijuana referendum to Brazil's Olympics, and from Davos to SCOTUS. No matter what, 2016 holds a lot of opportunity for volatility, and without The Fed's safety net, who knows what that means for markets...
With 29% of young Americans having lost faith in 'The American Dream' (for good reason as we detailed here), it is hardly surprising that a new poll by The Associated Press finds that just 10% of people believe 2015 was a better year for the world than 2014. That is half the number from 2013 and appears to confirm what we already tongue-in-cheek noted - that 2015 was perhaps the worst year ever.
“There are enough people in the last two nights of the sample to question the widespread assumption that Trump’s comments will hurt him among GOP primary voters.”
12 hours after his dramatic campaign statement to shut out Muslims arrivals into the US, Donald Trump doubled down and in a series of interviews early on Tuesday, he repeatedly told anchors such as CNN's Chris Cuomo that "we're at war - get it through your head" in his latest heated exchange, during which he reminded America how quickly people have forgotten "World Trade Center #1 and World Trade Center #2."
"We're gonna have to figure it out, we can't live like this. It's going to get worse and worse, we're going to have more World Trade Centers. It's going to get worse and worse, folks. We can be politically correct and we can be stupid but it's going to be worse and worse." Donald Trump said even as an AP summary of Muslim reactions to Trump can be summarized as follows: "He's trying to alienate not only the Muslim population of the United States but all the Muslims around the world."