Thursday, July 7, 2016

With Hillary Cleared, Here’s What’s On Tap For July 2016

This post is your brief guide for the remaining 10 days before, and the two weeks of, the Republican (July 18-21) and Democrat (July 25-28) conventions.  Put aside the FBI’s exoneration of Hillary Clinton.  Ten million words of analyses and complaints will not reverse the outcome.  Focus on what’s ahead.

In the days before the convention, the media will publish numerous stories and videos about prominent Republicans who oppose Donald Trump and why they plan to vote for Hillary Clinton.  A typical article appeared in Politico on June 6, 2010.  There will be few, if any, stories of Democrats, including Bernie Sanders’ supporters, who will abandon the Democrat Party and vote for Trump.

Both conventions will be crawling (infested) with media.  They will be interviewing delegates inside the convention centers, at their hotels, and pundits around the world.

At the Republican convention, most the media will be interviewing delegates who disapprove of Trump as their nominee and who supported Cruz, Rubio, and other candidates.  They will also feature Republicans who intend to sit out the election or vote for Hillary, or who chose not to attend the convention to avoid being seen in the company of Trump.  Viewers who watch gavel-to-gavel coverage will think they are watching a Democrat Party-sponsored Republican convention.

In sharp contrast, coverage of the Democrat convention will highlight speakers, interviews with delegates and political commentators singing Hillary’s praises, and the media will join in chorus.  The Democrat convention will be a Hillary Clinton progressive love fest.

There is literally nothing Trump can do or say in the next three weeks that will change this plot.  It will be up to him, and him alone, in September and October to rally the American people to his cause.  I have said that I am for Trump and that he will win.  The anti-Trump media and NEVER TRUMP Republicans have been wrong since he launched his candidacy on June 16, 2015.  They will be wrong on Election Day.  Count on it!

Friday, July 1, 2016

Chicken Little: “The Sky Is NOT Falling.” “Say It Ain’t So Joe, Say It Ain’t So.”

Both the British and American Academic Political Media Industrial Complexes (APMICs) warned Britons that a vote to LEAVE (exit) the European Union would cause great financial losses.

Here are the numbers.  June 23 was the day of the referendum.  June 27, 2016, was the bottom of the decline.   July 1, 2016, is 8 days after the vote.

                              DJIA              S&P 500        FTSE 100        FTSE 250
June 23, 2016       18,011              2,113             6,338            16,271
June 27, 2016       17,140              2,001             5,982            14,968
July 1, 2016          17,949              2,103             6,578            16,465

The DJIA and S&P 500 have almost recovered to their pre-Brexit levels.  The FTSE 100 and FTSE 250 have surpassed theirs (although the decline in the value of the pound sterling against the US dollar offsets the nominal gains in the FTSE 100 and FTSE 250 when converted into dollars at the post-Brexit exchange rate).

The decline in the DJIA amounts to 0.34% and that of the S&P 500 0.49%.

Prices fluctuate.  Market indices will go up and down.  But the predicted crash did not occur.

The little boy in the crowd shouted out, “APMICs have no clothes.”

Do you suppose that prominent members of the British and America APMICs will issue a mea culpa?