Tuesday, December 05, 2017

Don't blame the US for poverty in Latin America!



A post from December 2006:

Here we go again. It's always the US's fault. After all, isn't the US responsible for everything? Why not? It's easier to blame the US than govern.


Of course, how is the US responsible for any of this?

Frankly, Latin America is poor because of domestic policies that discourage foreign investment and entrepreneurship.

It's easy to blame the US. It's a lot more difficult to deliver, as these new demagogues will soon learn.

Tuesday's show: The Mueller probe faces challenges, tax plan moving forward and Mexico violence


We will look at the state of the Mueller probe, from leaks to concerns about credibility......the tax plan moving forward.....Mexico had another violent year......we remember Walt Disney 1901-66.....................plus other stories of the day...........

Click to listen:





Tags: Trump and Mueller probe, GOP tax plan moving ahead, Mexico violence, US Senate race in Alabama To share or post to your site, click on "Post Link". Please mention / link to the My View by Silvio Canto, Jr. Thanks!

Could Flynn’s case be dismissed?

Image result for mueller probe clip art images
Over the last 24 hours, we’ve learned about Peter Strzokan, or the FBI agent working in the Mueller probe who was tweeting anti-Trump emails.   This is also the agent who interviewed Mr. Flynn.
Greg Reynolds has the following reaction:
Did the prosecution tell Flynn’s lawyer that their main witness against him was removed for bias?
Since Strzok led the interview and his testimony would be needed to establish untruthfulness, he is a critical witness not just a prosecutor.
If not disclosed, would this not be a Giglio violation?
This is the kind of misconduct that can get a case dismissed and a lawyer disbarred.
It is a Constitutional violation.   This has bothered me since I heard about it.
My guess is that a lot of other people are bothered too.
Don’t be shocked if a judge dismisses the Flynn case!
P.S. You can listen to my show (Canto Talk) and follow me on Twitter.

Tags: Flynn and Mueller probe To share or post to your site, click on "Post Link". Please mention / link to the My View by Silvio Canto, Jr. Thanks!

Tuesday's video: What’s up with the Mueller probe?



Tags: The Mueller probe To share or post to your site, click on "Post Link". Please mention / link to the My View by Silvio Canto, Jr. Thanks!

Love at first sight!


In the interest of full disclosure, I know a lot more about baseball than the stock market. Nevertheless, you have to say that Wall Street has a good case of “love at first sight” with the new GOP bill.   
This is a note from CNBC:   
U.S. stocks traded sharply higher on Monday as investor sentiment was boosted the Senate narrowly passing a major tax bill over the weekend.
The Dow Jones industrial average rose 230 points, with Boeing and Walt Disney leading advancers on the 30-stock index. The Dow also hit a record high and briefly traded more than 300 points higher.
The S&P 500 gained 0.4 percent, with financials and industrials as the best-performing sectors, rallying 1.9 percent and 1.6 percent, respectively. The index also reached an all-time high. 
The Nasdaq composite lagged, trading 0.6 percent lower as Facebook, Alphabet and Netflix all traded lower.
“You’re seeing tech lagging and financials leading. This is some rotation on the back of the Senate vote,” said Lindsey Bell, investment strategist at CFRA.
Well, so far so good, as most mothers would say when they meet the nice young man who is dating their daughter.
The real test is coming in the summer of 2018.   
We can see two scenarios by Labor Day:   
The first one is that the economy slows up and we are talking “recession” again. We are already hearing the “R word” from Governor Jerry Brown of California. He was rather pessimistic about the economic future of his state. A slowdown in the Golden State could hurt the other 49.
The second scenario, and the one that I envision, is that the U.S. economy will be boosted by “confidence” and “growth”. We have already seen quarters of 3% GDP growth and could see something closer to 4% by next summer.
The story is that President Trump and the GOP own the economy now. I feel good about that but only time will tell how it all turns out.
P.S. You can listen to my show (Canto Talk) and follow me on Twitter.

Tags: The US economy and the tax plan To share or post to your site, click on "Post Link". Please mention / link to the My View by Silvio Canto, Jr. Thanks!

More leaks from so called "informed" sources talking to media



Tags: Leaks and the Mueller probe To share or post to your site, click on "Post Link". Please mention / link to the My View by Silvio Canto, Jr. Thanks!

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