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CNN admits there is absolutely no evidence of collusion of any kind between Donald Trump and Russia

New Hampshire’s John Sununu is Republican royalty in the Granite State, and he’s been around the elite of the GOP for decades. He’s served a handful of Presidents, been the Governor of New Hampshire, and been advising GOP leaders for a very long time. In fact one of his sons has served as Senator from New Hampshire, and another son is the current Governor of the state. The point is that Sununu understands the game of politics and he’s been playing (and winning) for quite a long time.

He is a favorite guest of CNN, recently appearing on their morning show to speak to the two outspoken liberals… I mean journalists… who host the show. Chris Cuomo (son of Democrat favorite Mario Cuomo and brother of current Democrat New York Governor Andrew Cuomo), and Alisyn Camerota. Both hosts have a long and storied tradition of regurgitating Democrat talking points while mocking conservatives, but Sununu was ready for their game and he beat them at it on Tuesday morning.

While Camerota spends several minutes trying to get Sununu to admit that he is “troubled” by the allegations against the Trump team (of collusion with Russia), all she succeeds at doing is proving Sununu’s point about the liberal media. In fact, at one point in their conversation Sununu actually pushes Camerota to admit that there is NO EVIDENCE that President Trump has done anything wrong, or even that anything wrong has actually taken place! It’s magnificent.

But Chris Cuomo doesn’t let the segment stand for itself. He refuses to allow a Republican to “win” the interview and he closes the segment by implying that Sununu was just doing a “good job” spinning the news. Here’s what Cuomo says, “They’re certainly doing a better job coordinating messaging on how to deal with the investigation. Governor Sununu, always a capable mind and a good political debater to be sure.” The implication of course being that all Sununu did was repeat talking points. However, if you watch the segment and read the transcript below, you’ll see that Sununu proves without a shadow of a doubt that the media is biased and the Russia collusion story is bunk.

Transcript from RealClearPolitics:

Camerota: Let’s dive into all of these different Russian threads because I want to gauge your feelings on these separately.

Let’s talk about what Jim Sciutto, our Jim Sciutto is breaking this morning in terms of reporting. There are these — there were these intercepted communications picked up by our intel agencies that heard Russian government officials talking about some kind of what they called derogatory information they had on Donald Trump, then a candidate, and whether or not they could use it to leverage the Trump campaign.

Are you troubled?

SUNUNU: In the 2016 campaign, that’s right. I came on your show with derogatory business information on Donald Trump during the primary. Why is it a surprise? Why is it a news story that the Russians in Washington would convey the same material to the Russians in Moscow?

The same story that you’re quoting at the bottom of the story noted that the same sources that gave your reporter that information conceded that it was possible that the Russians were exaggerating or even making it up.

CAMEROTA: Yes.

SUNUNU: Why is this even a story worth talking about?

CAMEROTA: It is only a news story, you’re right, if, as part of the investigative thread it turns out they were able to leverage the Trump campaign and they were able to somehow use the information they had to help get the Trump campaign to do something that they wanted them to do. So, this is just one more thread down that line where, as you know, congressional committees and the FBI are trying to figure out if they can connect those dots.

SUNUNU: Everybody was talking about Trump’s business problems. Why is that news now again?

Look, let’s put this whole thing in context. You have to tell me what you think the venality (ph) was that they could have conveyed.

CAMEROTA: Well, do you think that Jared Kushner, in attempting to set up a backchannel as has been reported, do you think that the Trump campaign wanted something out of the Russians and there was a dovetailing of agendas?

SUNUNU: In the ten weeks between an election and an inauguration, there is a lot of discussion going on between all members of — or potential members of an administration with all kinds of folks. When I was named chief of staff, a lot of ambassadors that were slight acquaintances tried to become good friends in that ten weeks. It is not unusual.

You guys have made back channel a derogatory term. Back channel is a positive asset.

CAMEROTA: Is it?

SUNUNU: Nixon could have not have done China — Nixon could not have done China without a back channel.

CAMEROTA: Yes, even —

SUNUNU: Kennedy used back channels. Go ahead.

CAMEROTA: During the Cuban missile crisis. I mean, so, you’re saying that during the transition when there is another president, that you are comfortable with the incoming administration using a back channel, if the reporting is correct, using Russian equipment so as not to be caught on the U.S. surveillance and intelligence equipment? You’re comfortable with that kind of back channel?

SUNUNU: Well, let’s speculate on why — I don’t think it happened that way. But let’s speculate on why it might have happened. There might have been concerns that the intelligence community was feeding Obama the information that he probably shouldn’t have had.

And you know what, with what you are reporting now on what has come out from deep sources in the intelligence community, if that was a concern and I doubt it was, but if that was a concern, they were pretty smart to have those feelings, weren’t they?

CAMEROTA: Is there anything about the Russian investigation connected to the Trump campaign that troubles you?

SUNUNU: Yes. But the reporting that’s taking place and the exaggeration of venality and the suggestion — look, it’s now seven months since the election. And to this day, no one has cited a single piece of evidence.

In your last session, you guys were patting yourselves on the back because you said Clapper had passed the responsibility off to the FBI. But you forget that in the last weeks of the administration, Obama allowed all his intelligence agencies to share their information and there is no question in my mind that when that happened, since Clapper’s group had originated this, that anything the FBI had would have gone back to Clapper.

So, it’s nice for Clapper to try and wash his hands of it by throwing it in the FBI’s lap, but he was — had access in those days to whatever the FBI had. There is nothing there.

CAMEROTA: So, Jared Kushner, meeting with a major Russian banker of a massive bank that has ties to Vladimir Putin, nothing to see there?

SUNUNU: Well, tell me what you think is to see there and I’ll comment on it.

CAMEROTA: What do you think would be the motivation?

SUNUNU: I don’t think there is anything there.

CAMEROTA: Why would they do it?

(CROSSTALK)

SUNUNU: So, you’re implying — you’re implying —

(CROSSTALK)

SUNUNU: Because during the ten weeks everything is trying to meet somebody who is going to be in the administration. Everybody who is involved in business, everybody who is involved in politics.

CAMEROTA: Sure.

SUNUNU: I can’t tell you how many people tried to meet with me between the times I was then chief of staff —

CAMEROTA: And did you meet with a Russian banker when everybody tried to meet with you?

JOHN SUNUNU, FORMER CHIEF OF STAFF TO PRESIDENT GEORGE H.W. BUSH: I can’t tell you how many people tried to meet with me between the time I was named chief of staff —

CAMEROTA: And did you meet with a Russian banker when everybody tried to meet with you?

SUNUNU: No, but I had breakfast with the vice president at the Russian embassy and a lot of folks there started talking to me.

CAMEROTA: Uh-huh. And would you have carved out time to meet with a Russian banker with ties to Vladimir Putin if he asked?

SUNUNU: I’m not even sure what would have happened if that had — first of all, Putin wasn’t there. But, look, you’re asking hypotheticals on hypotheticals. There’s nothing —

CAMEROTA: Well, I’m trying to actually take your temperature.

SUNUNU: You — you have nothing —

CAMEROTA: I mean I’m trying to gauge your — your comfort level with all of this.

SUNUNU: My comfort level — the only discomfort I have is with folks in the media trying to create a veniality without having the courage to specifically tell me what the veniality that I should be concerned about is.

CAMEROTA: Well, but —

SUNUNU: I don’t have — I have not identified any veniality. Have you?

CAMEROTA: Well, you should be concerned if there was collusion. And that’s what Congress —

SUNUNU: I don’t — I don’t see any evidence of collusion. Do you?

CAMEROTA: No. That’s what — that — but —

SUNUNU: OK. So that’s — that ends — that should end your reporting right there.

CAMEROTA: Well, we’re at the beginning of the —

SUNUNU: You should put an exclamation point after your “no.”

CAMEROTA: Understood. But we’re at the beginning of the investigation. So what Congress —

SUNUNU: You’re seven months into the investigation.

CAMEROTA: Not exactly.

SUNUNU: You’re seven months —

CAMEROTA: Robert Mueller has just taken over. Robert Mueller has just taken over.

SUNUNU: Oh, this is a new investigation.

CAMEROTA: Well, no. I mean, look, that’s not exactly fair, governor, because, as you know, Congress people have been calling —

SUNUNU: The Obama investigation went on for the last —

CAMEROTA: For a special counsel to do this, to handle this because — so it gets away from all of the partisan bickering. So it’s just starting in that regard.

SUNUNU: OK. Can I ask a question? If Mueller comes out and says that my version is correct and yours isn’t, how much crow are you going to eat?

CAMEROTA: Governor, I don’t have a version of events. I asked —

SUNUNU: Of course you do. The whole half hour I listened to is a version.

CAMEROTA: Governor — governor, we are asking questions of the sources of the people who know, attempting to see where the investigation is. The investigation isn’t complete. Everyone agrees on that.

SUNUNU: Without — without identifying — without identifying a veniality that should be investigated.

CAMEROTA: Governor, we appreciate your perspective, that there’s nothing to see here and that the investigation is, I don’t know, silly.

SUNUNU: Politically motivated by folks trying to rationalize a horribly run Democratic presidential campaign.

CAMEROTA: Governor John Sununu, thank you very much. Always great to get your perspective.

SUNUNU: Nice to be here, Alisyn.

CAMEROTA: Chris.

CHRIS CUOMO, CNN ANCHOR: They’re certainly doing a better job coordinating messaging on how to deal with the investigation. Governor Sununu, always a capable mind and a good political debater to be sure.

 

[From an article by Onan Coca, published by CONSTITUTION.COM]

 

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
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Even Clinton’s supporters won’t call her “honest” or “trustworthy”

Telling it like it is...

If I could get my liberal Democrat friends to answer one question honestly, I think it would be this one:  “Do you really believe that Hillary Clinton is innocent of the crimes she’s been accused of and has been honest with the American people?”

If they were being honest, I don’t think any of them could reply affirmatively. I am almost certain that none of them would be willing to make themselves liars by calling the woman honest or innocent. I know this because even liberals who are a bit more craven, like New Hampshire Governor Maggie Hassan (D-NH) and liberal journalist Bob Woodward (of Watergate fame), can’t bring themselves to do it.

Hassan is a devoted Clinton surrogate who has been making the rounds in the media trying to drum up support for her candidate. However, she got tripped up when she appeared on CNN Tuesday morning. During her conversation with CNN’s Manu Raju, she was asked a completely surprising question… well at least it was surprising to her.

“Do you think that she is honest and trustworthy?” Raju innocently asked the Governor. Did Hassan respond with an immediate and emphatic, “Yes, of course she is!”

NOPE.

Even a seasoned Clinton shill like Hassan could not bring herself to sink so low as to claim that Clinton was “honest”. Here’s how Hassan responded:

Maggie Hassan: “I support Hillary Clinton for the presidency because her experience and her record demonstrate that she is qualified to hold the job.”

So Manu Raju tried again, “Do you think she is honest?”

Maggie Hassan: “She has, um, a critical, critical plan among others for making college more affordable.”

 Finally, Raju pled with Governor Hassan to answer the question, “But do you think that she is trustworthy?”

To which Hassan replied: “I think she has demonstrated a commitment always to something beyond herself, bigger than herself.”

Maggie, don’t worry about it. I couldn’t have told a bald-faced lie like “Hillary is honest” on national TV either. That kind of insincerity could only come from someone as seasoned at lying as a Clinton.  

Don’t blame Hassan for being unable to even pretend that Hillary Clinton is honest. Even the most anti-conservative among us can see the dishonesty and the corruption oozing from Hillary’s pores. Just ask the Washington Post’s Bob Woodward.

Woodward was on CBS This Morning to discuss Donald Trump’s recent foreign policy speech and the state of the Hillary Clinton email scandal, but when asked to comment on what we should be watching for in the Congressional Clinton email investigation, Woodward described this as a “very serious issue.”

This is a “very serious issue. So many unanswered questions. Let’s face it, Hillary Clinton has not come totally clean on this…”

When answering why she hasn’t come clean on this, Woodward responded: Habit of secrecy. The whole idea of the private server was so no one would know. It’s a very bad habit. I think people say, ‘if she became president are we going to have some kind of transparency. Is there going to be a culture of straight talk, rather than a culture of concealment?’”

You know, Bob, when anyone else is called out for having a “habit of secrecy,” they’re usually just called LIARS. I know, that’s probably too straightforward for a liberal journalist who’s spent the last 50+ years living and working in Washington, D.C. but that’s exactly what you’re talking about here. It’s not a culture of secrecy or concealment. It’s a culture of lying to cover up the things that might derail her future.

Let’s stop parsing. Stop using weasel words. She is a liar and she hasn’t “come clean” because she knows that the things she is lying to cover up could destroy her career and her chances at becoming President. Hillary Clinton knows it, Maggie Hassan knows it, Bob Woodward knows it, and the American people know it.

 

[from an article by Onan Coca appearing on CONSTITUTION.COM]

 

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
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Sheriff David Clarke of Milwaukee County says Obama “has been lying” about police responses toward blacks

Sheriff David ClarkeSheriff David Clarke appeared on CNN with Don Lemon to discuss the recent shootings of police officers in Baton Rouge, Louisiana.  During the course of the conversation, Lemon brought up that Obama has put data out in which he claimed that police officers were more aggressive towards black males than white males.  Clarke responded by saying, “The president has been lying about that.”

Clarke had predicted the shooting of police officers in America a couple of years ago.

“I’ve been watching this for two years. I’ve predicted this,” Clarke said. “This anti-police rhetoric sweeping the country has turned out some hateful things inside of people that are now playing themselves out on the American police officer.”

The Milwaukee County sheriff went after the Black Lives Matter movement and said that it inspires violence against police officers.  However, Lemon said that the movement’s message is “peace and coming together in the country” and asked Clarke what his message is.

“You don’t believe that for one minute, do you?” Clarke asked.

“That’s what they said to me,” said Lemon.  “Yeah, I believe them.”

One wonders if the devil told Lemon that he was not a deceiver, if he would believe him.

“Are there protests over the deaths of the cops in Baton Rouge?” Clarke probed.  “Any riots or protests over the police officers in Dallas, Texas?”

“I don’t know that,” Lemon answered and followed up by asking what he was getting at.

“My message has been clear from day one two years ago,” Clarke said.  “This anti-cop sentiment from this hateful ideology called Black Lives Matter has fueled this rage against the American police officer. I predicted this two years ago.”

Lemon seemed uneasy with Clarke’s straightforwardness and asked him to “keep the vibe down”.  However, Clarke continued without missing a beat and turned it on Lemon: “I’m looking at three dead cops this week and I am looking at five last week. You’re trying to tell me to keep it down?”

Lemon then brought up Obama’s claim about police officers being more aggressive towards black males than white males.  That’s when Clarke called Obama a liar.

“The president has been lying about that,” he said.

Back in January, Clarke went after Obama and Bill Clinton in an interview with Sean Hannity on FOX News Channel when he called them “anti-gun bigots.”  During that interview he said, “If you want to reduce violence, and the president knows this, you target criminals. You do not target law-abiding citizens. And you don’t make them have to go jump through hoops, in a higher threshold to exercise their Second Amendment right. But Sean, if he goes after the real perpetrators of violence in America, he would have to target the underclass young black male, and — who disproportionately is involved in all this violence, and he doesn’t want to do that.”

“I want as many law-abiding citizens to arm themselves in this country as we can get so that I have the partner that I need to beat back this sort of violence,” he added.  “And in these mass shooting situations, you’re right, the great equalizer is a law-abiding citizen in that situation, with a firearm, who can take action, because when seconds count, the police are usually minutes away.”

Obama and his fellow Marxists will continue to exploit the injuries and deaths of police officers in order to promote their killers, but you can be assured that they will not stop with cops.  Therefore, arm yourselves and let’s be vigilant in looking out after one another.

 

[by Tim Brown for Freedom Outpost, republished by CONSTITUTION.COM]

 

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
612.239.0970

 

 

 

 

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World War III ready to begin: 350,000 soldiers in Saudi Arabia stand ready to invade Syria

350,000 soldiers, 20,000 tanks, 2,450 warplanes and 460 military helicopters are massing in northern Saudi Arabia for a military exercise that is being called “Northern Thunder”.  According to the official announcement, forces are being contributed by Saudi Arabia, the United Arab Emirates, Egypt, Jordan, Bahrain, Sudan, Kuwait, Morocco, Pakistan, Tunisia, Oman, Qatar, Malaysia and several other nations.  This exercise will reportedly last for 18 days, and during that time the airspace over northern Saudi Arabia will be closed to air traffic.  This will be the largest military exercise in the history of the region, and it comes amid rumors that Saudi Arabia and Turkey are preparing for a massive ground invasion of Syria.

If you were going to gather forces for an invasion, this is precisely how you would do it.  Governments never come out and publicly admit that forces are moving into position for an invasion ahead of time, so “military exercises” are a common excuse that gets used for this sort of thing.

If these exercises are actually being used as an excuse to mass forces near the northern Saudi border, then we should expect an invasion to begin within the next couple of weeks.  If it happens, we should expect to see the Saudi coalition storm through western Iraq and into Syria from the south, and it is likely that Turkey will come in from the north.

The goal would be to take out the Assad regime before Russia, Iran and Hezbollah could react.  For the past couple of years, Saudi Arabia, Turkey and their allies have been funding the Sunni insurgency in Syria, and they were counting on those insurgents to be able to take down the Assad regime by themselves.

You see, the truth is that ISIS was never supposed to lose in Syria.  Saudi Arabia and her allies have been funneling massive amounts of money to ISIS, and hundreds of millions of dollars of ISIS oil has been shipped into Turkey where it is sold to the rest of the world.

The major Sunni nations wanted ISIS and the other Sunni insurgent groups to take down Assad.  In the aftermath, Saudi Arabia and her allies intended to transform Syria into a full-blown Sunni nation.

But then Russia, Iran and Hezbollah stepped forward to assist the Assad regime.  Russian air support completely turned the tide of the war, and now the Sunni insurgents are on the brink of losing.

Aleppo was once the largest city in Syria, and Sunni insurgents have controlled it since 2012.  But now relentless Russian airstrikes have made it possible for Syrian, Iranian and Hezbollah ground forces to surround the city, and it is about to fall back into the hands of the Syrian government.

If this happens, the war will essentially be over.

Saudi Arabia, Turkey and their allies have invested massive amounts of time, money and effort into overthrowing Assad, and they aren’t about to walk away now.

If the war was to end right at this moment, a weakened Assad regime would remain in power, and Iran and Hezbollah would be the dominant powers in the country for years to come.  And once Assad died, it would be inevitable that Iran and Hezbollah would attempt to transform Syria into a full-blown Shiite nation.  This is something that Saudi Arabia and Turkey want to avoid at all costs.

So they are actually considering what was once absolutely unthinkable – a massive ground invasion of Syria.

But if Saudi Arabia, Turkey and their allies go in, they run the risk of a full-blown war with Russia, Iran and Hezbollah.  Just consider some of the comments that we have seen in recent days

Reacting to a potential troop deployment, Syrian Foreign Minister Walid al-Muallem said Saturday, “Let no one think they can attack Syria or violate its sovereignty because I assure you any aggressor will return to their country in a wooden coffin.”

Pavel Krasheninnikov, a deputy of Russia’s State Duma, has warned Saudi Arabia that any military ground operation in Syria without Damascus’ consent would amount to a declaration of war, Press TV reported.

We could literally be looking at the spark that sets off World War 3.  I can’t believe that Saudi Arabia and Turkey are actually considering this.

And if it does happen, you can rest assured that Barack Obama gave them the green light to go in.

Unfortunately, it sounds like the decision may have already been made.  Just consider what Turkish Foreign Minister Mevlut Cavusoglu is saying

“If we have such a strategy, then Turkey and Saudi Arabia may launch a ground operation,” he added, fueling concerns that a foreign troop invasion may soon further complicate the already turbulent situation in the war-torn country.

Earlier, Saudi Arabia, Bahrain and the UAE voiced their readiness to contribute troops for a ground operation in Syria on the condition that the US would lead the intervention. Damascus and its key regional ally, Iran, warned that such a foreign force would face strong resistance.

And in addition to all of the forces massing in northern Saudi Arabia, the London Independent is reporting that the Saudis have sent troops and aircraft to a military base in Turkey…

Saudi Arabia is sending troops and fighter jets to Turkey’s Incirlik military base ahead of a possible ground invasion of Syria.

The Turkish foreign minister, Mevlut Cavusoglu, confirmed the deployment in a statement to the Yeni Şafak newspaper on Saturday, days before a temporary ceasefire is due to come into force.

There are reports that Saudi officials are saying that the decision to send in ground troops is “irreversible”, and Reuters is reporting that the Syrian government claims that some Turkish troops have already entered the country…

The Syrian government says Turkish forces were believed to be among 100 gunmen it said entered Syria on Saturday accompanied by 12 pick-up trucks mounted with heavy machine guns, in an ongoing supply operation to insurgents fighting Damascus.

“The operation of supplying ammunition and weapons is continuing via the Bab al-Salama crossing to the Syrian area of Azaz,” the Syrian foreign ministry said in a letter to the U.N. Security Council published by state news agency SANA.

Of course the Turkish government is not going to confirm that report, but what we do know is that Turkey is shelling Kurdish forces on the Syrian side of the border.  The funny thing is that these Kurdish forces are actually being supported and supplied by the U.S. government.

So the Turks are not supposed to be doing this, but according to Reuters they have been doing it for two days in a row anyway…

The Turkish army shelled positions held by Kurdish-backed militia in northern Syria for a second day on Sunday, killing two fighters, the Syrian Observatory for Human Rights monitoring group said.

Turkey on Saturday demanded the powerful Syrian Kurdish YPG militia withdraw from areas that it had captured in the northern Aleppo region in recent days from insurgents in Syria, including the Menagh air base. The shelling has targeted those areas.

The hostility between Turkey and the Kurds goes back a long, long way.  The Syrian Kurds are not threatening Turkey in any way right now, but Turkey is using the instability in the region as an excuse to lob artillery shells at a hated enemy.  It is an act of naked aggression that the Obama administration should be loudly denouncing.

In addition, it is being reported that Syrian government forces have also been getting shelled by the Turkish military

Anatolia news agency reported that the Turkish military hit Syrian government forces on Saturday, adding that the shelling had been in response to fire inflicted on a Turkish military guard post in Turkey’s southern Hatay region.

Turkish artillery targeted Syrian forces again late on Saturday, according to a military source quoted by RIA Novosti. The attack targeted the town of Deir Jamal in the Aleppo Governorate.

Needless to say, the Russians are quite alarmed by all of this.

In fact, Russian Prime Minister Dmitry Medvedev is warning about what could happen if things spiral out of control

In the wake of Saudi Arabia’s proposal to send in ground troops on Thursday, the Russian Prime Minister claimed the move could spark a new world war.

“A ground operation draws everyone taking part in it into a war,” he told the Handelsblatt newspaper.

“The Americans and our Arab partners must consider whether or not they want a permanent war.”

If Saudi Arabia, Turkey and their allies launch an invasion and make a mad dash to take out the Assad regime in Damascus, the Russians will inevitably respond.

And if tactical nuclear weapons are necessary to keep the invading forces out of Damascus, the Russians will not be shy about using them.

I don’t know if I have ever seen a scenario which was more likely to initiate World War 3 than the one that we are watching unfold right now.

So what has the mainstream media been saying about all of this?

Incredibly, they have been almost entirely silent.  When he went looking for news about these events, James Bailey could find almost nothing on either Fox News or CNN…

I just visited the home page for Foxnews.com and found not one single mention of the insane events now unfolding in the Middle East. I could not believe it, so I used my Find tool to search for Syria and Saudi Arabia. Not one mention!

Of course that could change at any moment, but nothing there when I checked. Their stories were all about the meaningless Presidential election, which has already been decided regardless of what we think about it, and other stories about entertainment, sports, Congressional political theater, etc.

So I went to CNN and found just about the same thing with one news story about the Syrian cease fire, but when I read it there was no mention of any of the big events that have developed this week. This is truly an amazing media blackout!

But Fox News does have space to run headlines like these…

Spanish man skipped work for 6 years, still got paid

48 people rescued from stuck tram cars at New Hampshire ski resort

Lovelorn elephant takes out his rage on more than a dozen cars

And CNN apparently thinks that these news stories are more important than the potential beginning of World War 3…

Kanye West drops album, says he’s $53 million in debt

Dutch cops train eagles to hunt drones

Teen hands out 900 flowers to girls at school

If Saudi Arabia, Turkey and their allies are going to conduct an invasion of Syria, the most likely time for this to happen will be by the end of this month during these military exercises.

If we can get to March 1st and no invasion has happened yet, perhaps we can breathe a little sigh of relief.

But if it does happen, and the Russians and the Iranians decide to shoot back, it really could be the start of World War 3.

 

[by Michael Snyder, writing for The Economic Collapse Blog]

 

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
612.239.0970

 

 

 

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Cracks in America’s economy are growing…

US ECONOMY HIT THE BRAKES DURING THE HOLIDAYS

 

Some recent economic data even raises fears that we might be heading towards a possible U.S. recession in 2016. Big banks like Morgan Stanley estimate there’s a 20% chance of recession this year.

On Friday, the government will release data that show how the U.S. economy fared in the last three months of the year. Many experts forecast that the U.S. economy barely grew — about 1% or less — between October and December of 2015 compared to a year ago.

Even the Federal Reserve admitted Wednesday that the economy “slowed” at the end of last year.

On Thursday, the bad news continued. A key sign of confidence is orders for new products and equipment — known as “durable goods” — placed by companies to power their business. Orders for durable goods fell 5% between November and December, according to the Commerce Department. That was a lot below expectations that orders would be flat.

It shows that some companies are delaying or deciding not to purchase any new piece of equipment they need.

The news on durable goods caused Barclays to lower its GDP forecast to 0.4% on Thursday. Capital Economics, a research firm, admitted the new data posed risks “firmly to the downside” for its estimate of 1%.

Here are 3 more warning signs that the U.S. economy is heading in the wrong direction:

1. Americans are not spending much

U.S. economic growth depends on shoppers. Consumer spending makes up two-thirds of the nation’s economic engine. Yet they’re sending mixed signals: U.S. retail sales declined a bit in December and they were negative or flat seven times last year.

Consumer confidence has wavered too. It peaked at 98% in January 2015 but has since drifted down in general. Consumer confidence is currently 93%. While it’s a lot better than what it was just a few years ago, any downward movement is still a cause for concern.

2. U.S. manufacturing already in recession

American factories are suffering from the global economic slowdown. Manufacturing makes up 10% of the U.S. economy, according to Morgan Stanley.

The key ISM manufacturing index has declined for six straight months, and its been negative — below 50% — for the last two months.

The strong dollar is making products manufactured in the U.S. more expensive overseas, lowering demand for American made goods. The slowdown in emerging market economies isn’t helping trade either.

3. Corporate America is hurting

Earnings season isn’t over yet but one thing is clear: American companies are making less money than a year ago. Put together, when America’s biggest companies — and employers — suffer, the economy follows suit.

The S&P 500 — the benchmark for U.S. stocks — is down 7% so far in January. Apple, the nation’s biggest company by market size, just announced record profits with a gloomy outlook ahead. It believes iPhone sales will decline in the first quarter of this year for the first time in 13 years.

Apple CEO Tim Cook expressed serious caution about the global economy. When a major American CEO raises the warning flag that’s not good for the U.S. economy.

“We’re seeing extreme conditions unlike anything we have experienced before just about everywhere we look,” Cook said Tuesday.

 

[by Patrick Gillespie, writing for CNN Money]

 

NORM ‘n’ AL Note:  If you’re looking for an excellent source of extra cash, here’s the best one we know:

POWER TO MAKE WEALTH

 

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
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