h/t Instapundit
[WashExam] - ...There are two different things to consider when developing a forecast. For one, modern economies are horrendously complex things, taking centuries to develop. Interrupt them, and we get knocked back years, or potentially decades, and have to rebuild all over again. The other is that the economy stops dead pretty much every Friday night, and we've no great problem starting 'er up again Monday morning. Ultimately, the longer the recession lasts, the more likely we are to have permanent damage, putting us closer in line with 1929 than 1920. An eminent economist is one who can explain why his forecasts didn't work out.
...My own view is that the structure of the U.S. economy accounts for these results. Largely capitalist, largely free market, it's more adaptable than most others. We are seeing, as far as I can tell, a swift recovery from that lockdown-induced recession. It's great news because it means we're all slowly getting richer again as we creep out of the ditch. Enlightened self-interest works (of course the current era is a bit short on enlightened)
#4
Zero Hedge has been predicting this going back many years. Might hit it right someday if it is done often enough. Every blind squirrel finds a nut occasionally. Thought we were just coming out of the COVID-19 recession.
[AmericanThinker] This article gives everybody it reaches the power to send BLM, along with its political, academic, and corporate supporters, crashing down in total ruin. This material, all of which readers and other interested parties can verify independently from the links — you don't have to take my word for it — also has the potential to demolish the credibility of ActBlue, the Democrats' key fundraising organization, and the left-leaning Thousand Currents organization. This material is, to be quite blunt, what Kryptonite is to Superman, Valyrian Steel is to the White Walkers in Game of Thrones, and a cross is to Dracula. The issue consists simply of BLM's apparent misuse of 501(c)(3) tax-exempt money to influence the November election.
An inaccurate story has been circulating to the effect that Black Lives Matter is working with ActBlue to launder money that goes to Democratic candidates. Open Secrets explains, "A donation to BLM through ActBlue goes just to BLM, not any other group." ActBlue is itself not 501(c)(3) tax-exempt, so there's nothing more to see here, is there, folks?
There is actually plenty to see, and the real truth is far worse than the debunked rumor. While ActBlue is not 501(c)(3) tax-exempt, therefore it has considerable leeway about what it does with its money, ActBlue Charities, which accepts donations for the Black Lives Global Network (the entity that apparently controls Blacklivesmatter.com) is. Thousand Currents, which is BLM's fiscal sponsor, also is 501(c)(3) tax-exempt. BLM is openly using its website to campaign against President Trump. Web pages hosted by ActBlue Charities and Thousand Currents also attack Trump, so these entities will have trouble saying "we did not know."
We need to clarify before we proceed that BLM Global Network is emphatically not BLM Foundation, the noncontroversial organization founded by Robert Ray Barnes. BLM Global Network is represented at BlackLivesMatter.com, the same website linked by Thousand Currents and which collects donations via ActBlue Charities. The fact that the first Google result for "Black Lives Matter Foundation" links to BLM Global Network's About page* suggests to me that the latter organization is using the name of Barnes's organization to mislead internet users into visiting BlackLivesMatter.com instead and possibly donate money under the mistaken belief that they are supporting Barnes's far less controversial organization. This tells me plenty, and nothing good, about the ethics of BLM Global Network. For the purpose of further discussion, "BLM" means BLM Global Network and not BLM Foundation.
The steps of the argument — supporting material at the link:
501(c)(3) Money Cannot be Used to Influence an Election
BLM Global Network is Openly Campaigning against Trump
ActBlue Charities' and Thousand Currents' Own Roles
These are but three of many examples, and you can find more yourself with a Google search on site:ActBlue.com and "Trump." Be sure, however, to pay attention to only the pages that say "ActBlue Charities" and cite 501(c)(3) tax-exempt status at the bottom. ActBlue also has a non-tax-exempt arm that has far more leeway as to what it can do to influence an election.
Widespread publicity for these issues should collapse the Democrat left's center of gravity to deliver an electoral landslide in November. "Woke" virtue-signaling corporations that have supported BLM Global Network will scramble desperately to pretend that they never heard of it.
#1
Prosecution? Will Trump ever get the Fed Swamp to do its job?
Posted by: Marilyn Tojo7566 ||
07/08/2020 1:57 Comments ||
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#2
^ The Fed Swamp is doing its job. ...it's just not the job you're hoping for.
Posted by: Rex Mundi ||
07/08/2020 3:21 Comments ||
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#3
If those two org's were something other than lefty org's, the ghosts of Lois Lerner would've already descended upon them. While it's a nice thought, you'd have to get rid of at least half the hacks in the Exempt Organizations division of the IRS first, and that ain't happening.
#4
Lois Lerner is still too busy with the Tea Party.
Posted by: Abu Uluque ||
07/08/2020 12:00 Comments ||
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#5
Yet another proof of how knowingly hollow the democrat photo-ops s about “nation of laws” and “”no one is above the law “ really are. The infestation of the federal civil service and particularly the DOJ and IRS is massive. Laws are merely tools for selective use to enforce the will of the socialist elites who now govern much of our nation. The next chapter of a kinetic replay of 1860 seems to loom large of late with a Mason-Dixon Line along Cold War ideology.
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.