Hello Guest

Author Topic: Interesting perspectives  (Read 2027 times)

0 Members and 1 Guest are viewing this topic.

Offline Flyin6

  • Head cook and bottle washer
  • Administrator
  • *****
  • Posts: 34018
    • View Profile
Interesting perspectives
« on: October 31, 2017, 10:36:29 PM »
ROSS RANT

A lot of good things are happening in Asia now. The Japan election solidifies Abe, and he now has the votes to make more good things happen in Japan to build on the improved economy they are experiencing. Japan is now even more dependent on the US in light of N Korea, and that will afford the US leverage to work on improved trade terms.

 

Xi is now the absolute ruler of China and will remain so for many years. The recent party congress puts him in a position to do almost anything he wants. Xi understands that China is now a major player in the world and he cannot let Kim ruin the opportunities China now has to improve their economy and to work on solving the over leverage and aging demographics issues which are serious risks to the regime. He also fully understands that a war in N Korea will ruin everything, and bring about a potential confrontation with the US.  That is not what Xi needs when he now has a seemingly good working relationship with Trump, and a potential to work out trade terms on a reasonable basis. Working with the US is far more important than continuing to use N Korea to create problems. The Chinese now understand backing Kim is not in their long term interest, and he needs to be shut down. Eventually someone will assassinate Kim, and it may well be the Chinese who set it up. My view is China will put the screws to Kim and use sanctions and embargos to try to get him to give up nukes. It is unclear if that will work, but in the end Kim will either fold or be killed. Kim may do something very stupid and try to attack Japan, or Guam or a US carrier, but it is unlikely as China has said publicly if he does that they will not be there to help him. I believe in the end, Kim folds or dies, and the nukes go away. It will be very tense, but Kim is all alone now, and China seems to realize that the US, S Korea and Japan are too key to its future to side with Kim. If this does play out this way, Trump will have accomplished a major foreign policy victory. We will know how this ends sometime in 2018.

 

India is taking huge steps to get its economy and politics on a much better footing. They just bailed out the banking sector due to many bad loans, and that should strengthen the ability of banks to lend and help grow the economy. Many other steps are being taken to clean up a corrupt mess of an economy, but it will take years to accomplish. Labor laws and land issues are still a huge issue. The whole corrupt business culture has to be changed for there to be real progress. India also is playing the US off against China and is now receiving major military assistance from the US. This is of tremendous help to the US to offset issues with Pakistan and China. This is also much to the US benefit as it shows XI, we can play the game in SE Asia also. India is the potential balance to China in Asia and the military bulwark against Pakistan. The tight relationship of the US and India lets us exert much greater pressure on Pakistan to go after terrorists. This will take time, but the fact that the US is now back in force in Afghanistan, and will assure they do not lose to the Taliban, combined with our close ties to India, leaves Pakistan in a tough position and with China now cooperating with the US, Pakistan has nowhere to turn.

 

All of this is very good for the world economy. It also means that Asia will be a much more key player in the world economy. China has severe financial and economic problems and needs to have peace and cooperation if Xi is to succeed and avoid an uprising of the younger generation. If Kim is eliminated and peace prevails, then the US will have real influence in Asia and everyone will benefit. China will continue to challenge the US militarily and economically, but not in a way, nor to the extent it could lead to a military confrontation. If things work out as I think they will, Asia will be a major growth opportunity for US companies. We will know a lot more by next summer.

 

The Dems are getting desperate to try to kill the tax reform. They will fail. Research shows that 70% of lower taxes for corporations does flow to wages. Corporate taxes really do matter as to where companies locate and where they keep idles cash. Lower corporate taxes are a major good growth stimulator to the economy. It would seem there is no way they will touch the 401K rules unless they have a much better idea that allows retirement savings to increase, but why change what works so well.  Seems politically stupid to touch this but maybe they have a better idea. The average retiree has a net worth other than the house of just $80,000, and the 401k has become much more important to retirees as most private sector working people now have one. Schumer and Larry Summers have gotten hysterical and strident, and instead should work with the Republicans to put out a bipartisan bill. But they likely realize if a tax bill is passed and the middle class does see more money in their pockets, then the Dems get crushed in 2018. Republicans need to make a big point that the top 10% now pay 71% of all taxes and will pay an even greater share with the tax bill. Several Dems are in a rock or hard place on this bill. It will be interesting to see how the senators up for reelection play it since they will be voting against tax cuts for average voters if they are not voting with the Republicans on this.

 

All of this leaves Europe still the place where the economy is improving, but is still far from good. That is why the ECB today voted to leave rates the same and to only reduce QE, not eliminate it.  With the US now possibly doing 3% growth, and Asia getting its political and economic act together, Europe is the laggard by comparison. Even Africa is starting to grow with  more potential upside than Europe.  While Africa has major structural, political and cultural issues, it is beginning to improve and really grow. They are starting on the road to joining the world economy like other emerging markets have done in Asia, but they have a very long way to go. At some point in the next decade, Africa will be an opportunity for investment. For some long term players, they are there now, but the risks are very high.

 

The Catalan crisis is very real for Spain, and the eastern Europe countries: Poland Hungary, and Austria, are now controlled by the right wing. These leaders are working to have Brussels have less power. They are strongly anti- immigrant. Merkel is much weaker now after the election and Macron will struggle to get his polices fully approved. The EU is growing, but the substantial problems with banking and productivity remain.

 

The truth about what the Clintons and Wasserman and Podesta were doing, and how Holder and Obama were very possibly working in concert with them, will blow up now. The truth is going to come out. It is ugly.  Just wait to hear what the informant says now that he is free to testify-it will get really bad for Obama, Hilary, Bill, Holder, Comey and Wasserman.  It is beginning to smell like Watergate. The payoffs to the Clintons in the uranium deal, and the money laundering by the foundation, will all come out. Comey will be seen to be a very political animal and will lose credibility. There are serious questions as to why the FBI under both Mueller and Comey did not pursue many of these issues, and why the email scandal was essentially covered up by Comey and Lynch.  All of this will be in full gear into the election cycle for 2018, and if tax reform passes and something is done on Obamacare, and if the economy is growing at 3%, the Dems will be the big losers again. My theory is Obama and Hilary needed to try to delegitimize Trump. They came up with the dossier and hid it through Perkins Coie. They also were using the IRS and Lois Lerner to stop right wing groups, and they used huge corporate and bank fines to fund left wing groups. Debbie Wasserman colluded with Clinton to eliminate Bernie. It was all a plan to stop Trump and try to destroy his presidency, and maybe get him impeached in 2018. The obstruction by the Dems in not confirming appointments, and in refusing to cooperate on any legislation, was just a part of the overall effort. As the scandal unfolds, and as it becomes clear that Obama and Clinton conspired to destroy Trump and the Republicans, there is a good chance the Republicans can pick up the seats they need in 2018 in the Senate.  The entire game changed this week, and when the informant testifies it will blow open. I am sure my liberal friends will think this is a political piece and pro Trump, but it is just sitting back and objectively looking at all the events and strings, and how they now fit together. Lois Lerner shutting down tea party groups, the funds to left wing groups, opening the border to a flood of Latinos who could eventually vote Democratic where voter ID is not allowed, and who cld be used as a major issue to fuel protests, the uranium deal, the giant “fees” to Bill for speeches, the foundation being in Canada to avoid transparency, Wasserman conspiring with Hilary, the Pakistani computer assistants to Wasserman, the unmasking by Powers and Rice to nail Flynn, and the infamous dossier and Russia probe. They all tie together into a potential scandal of Watergate proportions. The press is trying to deny there is anything here, and trying to minimize the story, but it will crawl out from the rocks. I ask you just try to be objective and let this play out before you conclude that what I have said is just a partisan view. It is why I have kept saying for months, the Dems will regret ever starting the collusion story. Soon the mainstream media will be all over this as it becomes clear what a major story this is, and the Republicans will deep dive with investigations, and it will explode. We are about to witness a historic moment in American politics.

 

Joel Ross
Site owner    Isaiah 6:8, Psalm 91 
NSDQ      Author of the books: Distant Thunder and Thoren

Offline TexasRedNeck

  • punching bag for moderator humor
  • Global Moderator
  • ****
  • Posts: 11314
    • View Profile
Re: Interesting perspectives
« Reply #1 on: November 01, 2017, 07:18:12 AM »
CNN - nothing to see here, move along.
MSNBC- Trump did it
ABC- let’s save the whales
CBS - what difference does it make
NBC- but look at what Melania is wearing



Sent from my iPhone using Tapatalk
Kids today don't know how easy they have it. When I was young, I had to walk 9 feet through shag carpet to change the TV channel.

Joshua 6:20-24

Offline cudakidd53

  • Global Moderator
  • ****
  • Posts: 3142
    • View Profile
Re: Interesting perspectives
« Reply #2 on: November 01, 2017, 09:43:44 AM »
CNN - nothing to see here, move along.
MSNBC- Trump did it
ABC- let’s save the whales
CBS - what difference does it make
NBC- but look at what Melania is wearing

BBC - “What a bunch of wankers to not be out with torches and pitchforks after Hildabeast”
ALGEZERA - “We love Obama and want him back”

Sent from my iPhone using Tapatalk
2012 Silverado LTZ - Duramax
Christian since 1975 - Field Trial Brittanys - NRA Lifetime Member

"When you're dead, you don't know you're dead. Hence, dealing with this fact is not difficult. It is only hard for those still living around you.....It's the same when you're stupid."

Online JR

  • Global Moderator
  • ****
  • Posts: 13536
    • View Profile
Re: Interesting perspectives
« Reply #3 on: November 02, 2017, 12:49:58 AM »
Wasn't aware of some of the world happenings but listening to the investigations "unfold" and I like what I hear.
Retired LEO  Lifetime NRA+  Outcast in Calif

"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants"

Thomas Jefferson

 

SimplePortal 2.3.6 © 2008-2014, SimplePortal