Friday, July 30, 2021

AG Garland vs Governor Abbott plus a border update with George Rodriguez

AG Garland vs Governor Abbott plus a border update with George Rodriguez 07/30 by Silvio Canto Jr | Politics

Guests: George Rodriguez, South Texas conservative......AG Garland vs Governor Abbott.......The border and COVID.....The political impact of the Texas Democrats leaving the state................and other stories.....


Friday’s video: AG Garland vs Governor Abbot


Friday’s video: 
AG Garland vs Governor Abbot 
Click to watch:

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How do you expect 8.5% and get 6.3%?


https://www.americanthinker.com/blog/2021/07/how_do_you_expect_85_and_get_63.html


The latest GDP report will not help President Biden's approval numbers. This is the story:   

Gross domestic product – the broadest measure of economic performance -- grew at a 6.5% annual rate during the second quarter, according to an advance estimate released Thursday by the Commerce Department. Analysts surveyed by Refintiv were expecting 8.5% growth. First-quarter GDP was revised down to 6.3% from its previous reading of 6.4%.

The above-trend growth in the second quarter reflected the continued reopening of the U.S. economy and government support via business loans, stimulus checks and extended unemployment benefits.     

Thursday’s report offers "more evidence that stimulus provided surprisingly little bang for its buck, with the economy quickly pushing against unexpected supply constraints instead, which have driven inflation higher," said Paul Ashworth, chief U.S. economist at Capital Economics. 

Since the economy reopened businesses have navigated supply-chain issues caused by factories shutting down to help slow the spread of COVID-19. They have also struggled to find workers as extended unemployment benefits have encouraged many to stay home.

The issues have combined to lift core personal consumption expenditures, the Federal Reserve’s preferred inflation measure, to 3.4% annual growth, the fastest since 1992. 

Really?  Stimulus provided surprisingly little bang for its buck?  Can someone say the Summer of Recovery 2010?  That stimulus didn’t bang either.

First, you send cash to people.  To be honest, we needed to help people and businesses in 2020.   COVID killed a lot of restaurant jobs and those people needed some help.  I think that the Trump plan was people oriented and meant to keep payrolls going.  It was not perfect but it was right.

Second, the Biden follow-up killed the economy.   Did we need to extend their unemployment benefits to keep them at home rather than working at the local restaurant?  No we didn't.   

Now we have people sitting at home rather than working, and mom is screaming every time she buys the groceries.   So we sent cash to people and wonder why inflation is up?

The latest GDP report is going to mean that Democrats running in competitive races will be out of town when President Biden comes to town.


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Happy # 67 Ellis Valentine


Ellis Valentine was born in Arkansas on this day in 1954.   He was drafted by Montreal and broke with them in 1975.    By 1976, he was the every day right fielder.

In the late 1970's, the Montreal Expos had one of the best outfields in modern baseball history.   In fact, you could argue that it was the best in quite some time:   Ellis Valentinefuture Hall of Famer Andre Dawson & Warren Cromartie.

Valentine and teammate Cromartie had 24 assists in 1977.    You simply could not take an extra base on that Expos' outfield!

Valentine survived injuries and retired with a .278 batting average and .288 in 7 seasons in Montreal.

Valentine was part of the Expos who came in second in 1978, 1979 & 1980.  They lost the NLCS to the LA Dodgers in 1981.    In today's game, Montreal would have clinched a wild card spot everyone of those years that they came in second in the NL East.   Who knows what would have happened to that "wild card team" in the NL post season?  

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Happy # 80 Paul Anka, great vocalist and songwriter!


Wonder how many people know that Paul Anka was born in Canada?   He was born on this day in 1941.

Paul is from Ottawa and enjoyed big hits by the time that he was a teenager. 

Anka is one of the few pop artists who had Top 10 songs in the 1950s, 1960's & 1970's!  Who else but Elvis can say that? 

Anka's formula?  Romantic and catchy songs that filled Top 40 play lists in the era of AM radio stations.  I'm sure that lots of our parents have Anka 45's among their belongings and souvenirs.

I learned in the 1970's that Paul Anka composed "My Way" and several TV songs, such as The Tonight Song theme song!  How would you like to collect those royalties?

A few years ago, Paul wrote an autobiography.    He also left us an amazing collection of hit songs, available now on digital.

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