Guest: Frank Burke, author, businessman & contributor to American Thinker....we will look back at 2017 and hear Frank's Christmas message...
Click to listen...........
The new tax legislation approved this week by Congress and to be signed by President Trump includes a provision that will cap the deduction for state and local taxes (SALT) at $10,000 per household. (Businesses will still be allowed to deduct those taxes as business expenses.)The other provisions of the tax bill—especially the corporate tax rate cut—should encourage investment in the United States and spur faster economic growth.But the cap on state and local deductions may be the most significant in terms of its potential political consequences.
Australia not listening to Democrats........Australian Treasurer Scott Morrison warned about the impact of the new US tax law on his country's economy.....first Germany, now Australia......something is happening and the Dems don't have a clue...but what's new about that?....— Silvio Canto, Jr. (@SCantojr) December 22, 2017
This is awful: Tyler Durden reported that the murder rate in Baltimore is now exactly tied with Venezuela at 57.2 murders per 100,000 residents......of course, the local government is busy removing Confederate monuments and changing the names of schools......nothing else to do?— Silvio Canto, Jr. (@SCantojr) December 22, 2017
When it comes to the health of his state's economy, California Governor Jerry Brown has been walking on eggshells this year.
Twice each year, once in January and again in May, Gov. Jerry Brown warns Californians that the economic prosperity their state has enjoyed in recent years won't last forever. Brown attaches his admonishments to the budgets he proposes to the Legislature – the initial one in January and a revised version four months later. Brown's latest, issued last May, cited uncertainty about turmoil in the national government, urged legislators to "plan for and save for tougher budget times ahead," and added: "By the time the budget is enacted in June, the economy will have finished its eighth year of expansion – only two years shorter than the longest recovery since World War II. A recession at some point is inevitable." It's certain that Brown will renew his warning next month. Implicitly, he may hope that the inevitable recession he envisions will occur once his final term as governor ends in January, 2019, because it would, his own financial advisers believe, have a devastating effect on the state budget
Unfortunately for Governor Brown, the recession he fears may already have arrived in California.This is a huge story because California is one of the Top 10 GDP's in the world!
What am I missing?— Silvio Canto, Jr. (@SCantojr) December 22, 2017
Doesn't Israel have the sovereign right to name its capital city?
Doesn't the US have the right to abide by Israel's wish?
Moral of the story: It's time for the US to stop funding this collection of clowns....let some other country pay 20% of the UN budget!
Cole Hamels, the Texas Rangers star pitcher, and his wife, Heidi, are donating their Missouri mansion and 100 acres of land to a charity that provided camps for children with special needs and chronic illnesses and their siblings. The massive 32,000-square foot home, worth an estimated $10 million, would be donated to Camp Barnabas. The home, located in Table Rock Lake, was located near one of the charity’s camps.Great stuff!
The speech by President Trump on Monday highlighting the National Security Strategy was the culmination of eight months of hard work by National Security Adviser H. R. McMaster, Deputy National Security Adviser for Strategy Dina Powell and Deputy Assistant to the President Nadia Schadlow.This strategy paper is especially necessary because President Trump campaigned on, and is now executing, a revolution in how America interacts with the world.The elite consensus since 1990 has been that the United States is helping develop a New World Order. This new world order was to come from lawyers and diplomats engaging in endless multilateral conferences and reaching agreements that limited sovereignty and had nations reporting and answering to the international bureaucracy. It was a dream world for elitist academics who saw themselves as the all-knowing international bureaucrats, whose careers would be spent "taming" sovereignty with the higher moral order of globalism.Candidate Trump won the Republican nomination over 16 other candidates by understanding and giving voice to a growing consensus that globalism subordinated America to foreign bureaucrats, that multilateral trade deals hurt America, and that other countries were using American lives and American money to achieve their own goals.The bipartisan elites in foreign policy and national security were appalled and enraged that some billionaire businessman would have the audacity to challenge their 26-year-old consensus. They were shocked to watch him actually implement his commitment to refocusing national security and foreign policy around American interests.While the bipartisan elites had wanted to put globalism first and make the American economy and the values and interests of the American people secondary to this larger multinational system, President Trump began transforming his campaign rhetoric into official government policy.If you had said in December 2015 that in two years we would be in the early stages of a revolution in national security and foreign policy, the elites would have thought you were completely out of touch with reality.Yet consider the first year of the Trump presidency:· The new president pulled out of the Trans-Pacific Partnership negotiation on trade.· While having dinner with President Xi Jinping of China, President Trump excused himself to announce an airstrike on Syria by 59 Tomahawk cruise missiles in response to Syria using chemical weapons. Contrast this decisive action by President Trump with President Obama's supposed red line in Syria, which carried no action or consequences when the line was crossed.· President Trump pulled out of the Paris climate agreement, arguing it undermines American jobs.· President Trump refused to certify that Iran was keeping its side of the nuclear arms agreement.· Unlike his two predecessors, who had campaigned in favor of Jerusalem as the capital of Israel but then broke their word and refused to move the U.S. embassy, President Trump kept his word – despite overwhelming global pressure against him.· President Trump has dramatically increased the pressure on North Korea and is clearly preparing military options, if needed.· Even this week, the president instructed the secretary of Defense and secretary of the Interior to develop a strategy to break the Chinese and Russian efforts to control rare minerals that are needed for modern technology.President Trump’s much more assertive presidency is having an impact.· The Chinese have greatly increased their pressure on North Korea.· Leaders from more than 50 Arab and Muslim nations came to Riyadh, Saudi Arabia for the Arab Islamic American Summit to create a counterterrorism center and ally with the United States.· Because the Saudis trust President Trump (while having deeply distrusted President Obama for eight years), the crown prince has launched a revolutionary effort to modernize and open Saudi society.· President Trump's reliance on Defense Secretary James Mattis and the professional military has led to the destruction of ISIS as a territorial power, at a remarkably low cost to America. This has been almost completely ignored by the elite media.· After complaining and grumbling, the members of NATO have begun to increase their financial commitment to defense – something Presidents George W. Bush and Obama were unable to achieve.Beyond immediate actions, it is clear the Trump administration is going to make economic growth and technological development key parts of its approach to national security.The efforts to develop maximum American energy resources also has a national security component. The opening of Alaskan oil resources this week fits perfectly with the National Security Strategy report.The new commitment to American leadership in space is another significant part of that National Security Strategy.President Trump has consistently articulated the shift away from globalism in favor of American interests during his campaign. He did this in his Inaugural address, in his speeches in Warsaw and at the United Nations – and this week at the Ronald Reagan Building and International Trade Center. The National Security Strategy report puts the president's actions into a larger context of planned change from the recent past.It is well worth reading and studying.It was a good speech!
Bad day for the impeach Trump crowd: Fed district court Daniels dismissed lawsuit that Trump violated the Constitution..."Emoluments Clause"...maybe the hysterical anti-Trumpistas will finally admit that they want to impeach Trump because he defeated Clinton...revenge not law!— Silvio Canto, Jr. (@SCantojr) December 22, 2017
We just read that Jorge Ramos is "Now Having the ‘Worst Time’ of His Life in U.S."....really Jorge?...consider the alternative......if the Democrats were running things then you'd be writing op-eds that they never keep their promises to Hispanos......Feliz Navidad Jorge.....— Silvio Canto, Jr. (@SCantojr) December 22, 2017