July 14, 2021

Mike Huckabee~ Hunter Lap top update: Socialism v. Capitalism: Gavin Newsom IS A DEMOCRAT



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Good evening!

Blessings on you and your family, and from all the Huckabee staff! 

  • Bible Verse of the Day - James 1:12
  • Texas Senate Passes A Version Of Election Reform Bill
  • More Determined Than Ever
  • The Latest On Hunter Biden's Laptop
  • Socialism vs Capitalism
  • Important For Parents
  • Gavin Newsom IS A DEMOCRAT

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Sincerely,

Mike Huckabee

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DAILY BIBLE VERSE

Blessed is the man that endureth temptation: for when he is tried, he shall receive the crown of life, which the Lord hath promised to them that love him.

James 1:12


Texas Senate Passes A Version Of Election Reform Bill

By Mike Huckabee

The Texas Senate passed its version of the election reform bill that House Democrats ran away to DC to block (incidentally, not wearing masks on the airplane, but then, following their own rules is obviously not a Democrat thing.) Here's what's actually in the Senate bill, which is very similar to the much-maligned House bill.

https://www.foxnews.com/politics/texas-election-bills-what-to-know

Read it and tell me if any of this sounds remotely like "Jim Crow 2.0." Personally, I find that incredibly offensive to anyone who actually suffered under real Jim Crow laws. It's like comparing having to work past 5 on a Friday to slavery.


More Determined Than Ever

By Mike Huckabee

I am hopeful to report that the Cuban government's crackdown on pro-freedom protesters only seems to be making them more determined. Please keep praying for their safety and success, and for our own current leadership to have the spine to stand up for the right side.

https://www.foxnews.com/world/cuba-crackdown-reportedly-does-little-to-shake-protesters-resolve-spark-has-been-lit

In solidarity with Cuban freedom activists, Cuban-American protesters are demanding that President Biden demonstrate that he can recognize genuine oppression when he sees it, and furthermore, that he actually condemn it.

https://www.foxnews.com/us/cuban-american-protesters-shut-down-miami-expressway-blame-biden


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The Latest On Hunter Biden's Laptop

By Mike Huckabee

Hunter Biden's laptop, the same fountain of noxiousness that was covered up by social media during the campaign and falsely dismissed by the pro-Biden news media as "Russian disinformation," just keeps yielding more revelations that, had they been about Donald Trump, would have gotten him impeached about 46 times by now.

Here's the latest, which would be considered a Constitutional crisis under most Administrations but is being greeted with yawns and censorship by our current lapdog media: Yes, despite candidate Joe Biden's denials of knowing anything about Hunter's shady business dealings, data from the laptop shows that he was a direct beneficiary of them.

https://www.westernjournal.com/government-watchdog-hunter-bidens-laptop-confirms-joe-biden-direct-beneficiary-sons-shady-deals/?utm_source=facebook&utm_medium=huckabee

A watchdog group, the Government Accountability Institute, has been investigating to see if Biden's travel records match Hunter's emails that suggest his dad was present at various business dealings. Answer: "Absolutely, 100 percent."

A spokesman for the GAI says they're preparing a full report on the Biden family business that will be ready by the end of the year, and warns that it will be "bad." I'm sure the media will appreciate the warning. It will give them plenty of time to find some other story to obsess over so they can ignore it, like "What ice cream does President Biden like for dessert after Thanksgiving dinner?"


Socialism vs Capitalism

By Mike Huckabee

In light of the encouraging popular uprising against Cuba's repressive government, here's a great lesson for young misled Americans who think socialism is the way to go.

https://www.westernjournal.com/woman-escaped-communism-posts-pictures-put-pro-cuba-biden-shame/?utm_source=facebook&utm_medium=huckabee

They're photos taken by a woman who came to the USA from Soviet Russia. The first thing she photographed was the shelves of a supermarket that she couldn't believe were actually filled with food. She wrote, "Socialism is waiting in line for bread and getting teeth drilled without Novocain because painkillers are a luxury. Capitalism is photos in a grocery store filled with food and fluoride toothpaste."

I love how she's accessorized those framed photos: with a small American flag. The same one our homegrown socialism fans burn and turn their backs on while people who know what socialism really is, like the current Cuban protesters, wave in defiance as the ultimate symbol of freedom.


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Important For Parents

By Mike Huckabee

Are your young children being forced to read a book in school called "Not My Idea"? If so, then you might want to give it a read and discover what's in it. Brace yourselves. It's not my idea of anything that should be forced onto children.

https://www.foxnews.com/media/ramaswamy-secular-religion-of-critical-race-theory-now-taught-in-schools-violates-civil-rights-act-of-64

This article also makes the excellent point that schools promoting Critical Race Theory that assigns guilt and shame to people just because of their skin color is a violation of the Civil Rights Act of 1964.


Gavin Newsom IS A DEMOCRAT

By Mike Huckabee

Because of a clerical error and a losing legal attempt to fix it, California Gov. Gavin Newsom will not have the designation of "Democrat" next to his name on the ballot to recall him.

https://redstate.com/jenniferoo/2021/07/13/newsom-recall-governor-hair-gel-cannot-claim-his-democrat-mantle-on-the-recall-ballot-n410304

It's fitting that even the recall ballot will bear evidence of his Administration's incompetence, which he attempted to hide by trying to bend the rules in his favor. That sums up in a nutshell why he's facing a recall vote. But if it's any use to him, I'll be happy to help get the word out:

"Hey, everybody! Please remember that Gavin Newsom, the Governor responsible for the endless lockdowns, persecution of churches, open borders, skyrocketing crime and taxes, people fleeing to other states, and so many other problems Californians are facing, is a DEMOCRAT! I repeat: he's a DEMOCRAT!"

Let's hope that gets out there…


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If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.

Dick Morris~ When You Die...Biden Will Try To Seize Your House - Lunch Alert!





When You Die...Biden Will Try To Seize Your House - Lunch Alert!
Published on DickMorris.com on July 14, 2021

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Party's Over: Bank of America Sees Stagflationary Mess Slamming Markets in Second Half

Bank of America's CIO Michael Hartnett reminds us that every day for the foreseeable future, as has been the case every day for the past 6 months, central banks bought $10 billion of bonds every day, the US federal government spent $20 billion every day, global stock market cap grew $73 billion every day, and US bond & stock issuance averaged $20 billion every day.

The result: the just completed first half of 2021 was the 7th best for global stocks in the past 100 years...

What does Hartnett think happen next? Looking at the second half, the BofA CIO sees:

  • inflation to stagflation
  • QE to QT
  • combo of rising Rates, Regulation, Redistribution (3Rs) & peak Positioning, Policy, Profits (3Ps) = low/negative stock/credit H2 returns
  • optimal barbell long inflation & long quality

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WSJ MarketWatch: The Looming Stagflationary Debt Crisis Will Deliver A One-Two Punch To Markets And Economies

Roubini warns: After 'the Minsky Moment' crashes overheated speculative markets, 'the Volcker Moment' will arrive to crash the debt-burdened global economy

Ultimately, a rising misery index—the sum of the inflation and unemployment rate—eventually will demand a "Volcker Moment"—destroying the economy in order to smother inflation.

The question is not if but when.

In April, I warned that today's extremely loose monetary and fiscal policies, when combined with a number of negative supply shocks, could result in 1970s-style stagflation (high inflation alongside a recession). In fact, the risk today is even bigger than it was then.

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After all, debt ratios in advanced economies and most emerging markets were much lower in the 1970s, which is why stagflation has not been associated with debt crises historically. If anything, unexpected inflation in the 1970s wiped out the real value of nominal debts at fixed rates, thus reducing many advanced economies' public-debt burdens.

The warning signs are already apparent in today's high price-to-earnings ratios, low equity risk premiums, inflated housing and tech assets, and the irrational exuberance surrounding special purpose acquisition companies (SPACs), the crypto sector, high-yield corporate debt, collateralized loan obligations, private equity, meme stocks, and runaway retail day trading.

Conversely, during the 2007-08 financial crisis, high debt ratios (private and public) caused a severe debt crisis—as housing bubbles burst—but the ensuing recession led to low inflation, if not outright deflation. Owing to the credit crunch, there was a macro shock to aggregate demand, whereas the risks today are on the supply side.

Worst of both worlds

We are thus left with the worst of both the stagflationary 1970s and the 2007-10 period. Debt ratios are much higher than in the 1970s, and a mix of loose economic policies and negative supply shocks threatens to fuel inflation rather than deflation, setting the stage for the mother of stagflationary debt crises over the next few years.

At some point, this boom will culminate in a Minsky moment (a sudden loss of confidence), and tighter monetary policies will trigger a bust and crash.

Making matters worse, central banks have effectively lost their independence, because they have been given little choice but to monetize massive fiscal deficits to forestall a debt crisis. With both public and private debts having soared, they are in a debt trap.

Central banks will be damned if they do and damned if they don't, and many governments will be semi-insolvent and thus unable to bail out banks, corporations, and households. The doom loop of sovereigns and banks in the eurozone after the global financial crisis will be repeated world-wide.

As inflation rises over the next few years, central banks will face a dilemma. If they start phasing out unconventional policies and raising policy rates to fight inflation, they will risk triggering a massive debt crisis and severe recession; but if they maintain a loose monetary policy, they will risk double-digit inflation—and deep stagflation when the next negative supply shocks emerge.

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The Volcker Moment

To be sure, real long-term borrowing costs may initially fall if inflation rises unexpectedly and central banks are still behind the curve. But, over time, these costs will be pushed up by three factors. First, higher public and private debts will widen sovereign and private interest-rate spreads. Second, rising inflation and deepening uncertainty will drive up inflation risk premiums. And, third, a rising misery index—the sum of the inflation and unemployment rate—eventually will demand a "Volcker Moment."

When former Fed Chair Paul Volcker hiked rates to tackle inflation in 1980-82, the result was a severe double-dip recession in the United States and a debt crisis and lost decade for Latin America. But now that global debt ratios are almost three times higher than in the early 1970s, any anti-inflationary policy would lead to a depression, rather than a severe recession.

The question is not if but when.

The Fed has been in a debt trap at least since December 2018, when a stock- and credit-market crash forced it to reverse its policy tightening a full year before COVID-19 struck. With inflation rising and stagflationary shocks looming, it is now even more ensnared.

So, too, are the European Central Bank, the Bank of Japan, and the Bank of England. The stagflation of the 1970s will soon meet the debt crises of the post-2008 period. The question is not if but when.

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The white metal actually has a double-top of around $50. It first got to that level in 1980 and then again in 2011. In a podcast earlier this year, Peter Schiff said $50 is the real resistance level. Once it breaks through, it will go much higher.

More fundamentally, silver is a monetary metal, and the Federal Reserve has no exit strategy for its inflationary policy. Earlier this year, the Federal Reserve moved the goalposts to allow inflation to run hot. As Schiff noted at the time, by injecting so much stimulus into the economy in the past, the central bank has created a situation where it can never actually fight the inflation that it creates.

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The Next Market Crash Will Be Worse Than 2008 — Todd Horwitz

The stock markets are massively overvalued and are due for a "nasty" correction, said Todd Horwitz, chief market strategist of BubbaTrading.com.

"I think we're setting up for a very nasty correction at some point and I wouldn't be surprised to see that correction as big or bigger than 2008, 2009," Horwitz told David Lin, anchor for Kitco News.

Horwitz said that this correction is likely to happen even before the Federal Reserve raises rates.

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About Dick Morris
Dick Morris is well known for his insightful and hard-hitting political commentary. With his wife, Eileen McGann, Dick has written 14 books, including 10 NY Times best-sellers. Together they pen almost daily columns for their website www.DickMorris.com, the New York Post, Newsmax, the Hill Magazine and many other publications. Domestically, Morris has handled the winning campaigns of more than 30 Senators and Governors, including President Bill Clinton and Republican Senate Majority Leader Trent Lott. Internationally, he has piloted the successful campaigns of the president or prime minister of Mexico, Colombia, Argentina, Uruguay, Kenya, Hungary, Poland, Taiwan, and Japan.

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If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.

X22 Report: "Ep. 2526b - Running Red, Red Lines Are About To Be Crossed, Zero Bubble" and 1 more video



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If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.

www.sdforeclosureinsider.com