Media Predicts Economic Doom for Trump (Patterns)

With economic pundits predicting disaster over the horizon for the Trump economy, Larry decides to compare the doom and gloom to the months prior to the 1992 presidential election, which propelled Bill Clinton to the presidency. Just what were the pundits saying leading up to that election, and what were they saying directly afterwards? How does this parallel the leadup to 2020? Larry answers all these questions and more. He also gives us a peak into a lucrative career path he decided to pass up, despite his obvious talent.

MSNBC’s Chris Hayes Rewrites Economic History

This is an old media created reality that is often repeated by Lefties. How this is still pushed today — to me — is jaw dropping.

And “The Sage” has written well about this:

‘Honest’ PBS Clinton Documentary Lies About the Economy

….In the first hour, the [PBS] documentary stumbled out of the gate. If it were a racehorse, they’d have to put it down. The whopper we get hit with right away and again and again is this: Clinton inherited a recession — not an economy that long ago came out of a recession. Never mind that 1993 — 19 years ago — is within the living memory of many Americans. Yet we are repeatedly told that Clinton entered office under a full-on economic meltdown.

The narrator says: “Heading into the fall [of l992] with the economy still faltering.”

The narrator later says, “As Clinton took office in the winter of 1993, the economic crisis that had propelled him into office showed few signs of abating.”

Treasury Secretary Robert Rubin adds: “We had had a recession. We had high unemployment. And it was a lot of uncertainty about whether the United States was going to get on its feet again or whether we could be in for a prolonged period of real difficulty. So he came into a very difficult environment.”

Journalist Joe Klein describes Clinton’s first budget battle, in the late summer of ’93, as a gamble “in the midst of a recession.”

And midway through the piece, the narrator informs us that “by the fall of 1994, the economy was growing again.”

This is simply extraordinary, mind-boggling.

Whether Bill Clinton was a good president, whether he deserves the credit for balanced budgets and projected surpluses or whether he should have been impeached are matters about which reasonable people can and do disagree. But whether Bill Clinton entered office “in the midst of a recession” and whether, in the fall of ’92 and the winter of ’93, the economy was “still faltering” and “showed few signs of abating” — these are matters of fact.

The National Bureau of Economic Research in Cambridge, Mass., is the official keeper of the U.S. business cycle. It defines a recession as “a period of diminishing [economic] activity.” It tracks when recessions begin (a “peak” — the month when a period of economic growth ends and a downturn begins) and when recessions end (a “trough” — the month when the downturn bottoms out and the economy begins to grow again).

Bill Clinton entered office in January 1993. According to the NBER, did he inherit a recession? Not even close. The recession began in July 1990 and ended eight months later, in March 1991 — a full 19 months before Clinton was even elected.

Let’s be charitable. Perhaps the documentary used a different definition of recession. True, some experts use another standard: two consecutive quarters of negative economic growth. But during Bush-41’s last year in office — 1992, the year voters elected Clinton — the economy grew every quarter, averaging 3.2 percent.

But today, nearly two decades after the fact, the PBS narrator solemnly states that “as Clinton took office in the winter of 1993, the economic crisis that had propelled him into office showed few signs of abating” — even though the economy was then on its 22nd consecutive month of positive growth!

Really? “In the winter of 1993…the economic crisis…showed few signs of abating”? Jan. 29, 1993, seven days after Clinton took office, The New York Times wrote, “U.S. Says Economy Grew at Fast Pace in Fourth Quarter: The economy grew at a faster-than-expected annual rate of 3.8 percent in the final quarter of 1992, the strongest performance in four years, the Commerce Department reported today.”

The confusion is understandable. Many in the media suffer from CRAP — Clinton Recession Amnesia Problem. CRAP spares few victims. Take MSNBC’s Rachel Maddow, who once said she knows little about economics and, bless her, seems determined to prove it. In January 2009, the month President Obama took office, Maddow said: “Clinton took the oath during an economic downturn [emphasis added], but that was a romper room compared to today’s down-crash.”

In October 1992, as President George Herbert Walker Bush ran for re-election against Bill Clinton, the economy was 18 months into a recovery. But as Investor’s Business Daily noted, 90 percent of the newspaper stories on the economy were negative. Yet the following month, when Clinton defeated Bush-41, suddenly only 14 percent of economic news stories were negative!

Given the media recitation of the false history of the state of the 1992/1993 economy — when Clinton entered office — why expect PBS to get it right?…….

My previous post regarding the PBS “Documentary”


In a great example of how the media guides it’s listeners down a path full of narratives they [said media] wish were true… we find in a touted “honest” Clinton documentary many lies and missteps (Clinton | American Experience). Larry Elder is in his element here as he excoriates the depths of this false narrative. His article is a must read for those interested in this. Near the back-half of the audio Larry offers other media silence on issues surrounding Democrats. They [Democrats] apparently have a no fly zone in regard to honest reporting.

Clinton Foundation Investigation Update (John Solomon)

This is from the Hannity Radio Show as well as Sean’s Fox News Show.

John Solomon has broken two stories that are Yuge!

Some funny comments via my Facebook:

  • Remember the name Andrew Kessel. When he shoots himself 3 times in the back of his head, this is why.
  • While also drowning himself, while driving a car into the only 2″ creek in a 400 mile radius.

More from ZERO HEDGE. (BTW, I am not a fan of Zero Hedge… too much conspiracy stuff. But this story is on the money as it uses good sources):

The CFO of the Clinton Foundation, thinking he was “meeting an old professional acquaintance,” admitted to investigators that the charity had widespread problems with governance, accounting and conflicts of interest, and that Bill Clinton has been commingling business and personal expenses for a long time, reports The Hill’s John Solomon [“Feds received whistleblower evidence in 2017 alleging Clinton Foundation wrongdoing” — https://tinyurl.com/ydy8kzvx).

Clinton Foundation CFO Andrew Kessel made the admissions to investigators from MDA Analytics LLC – a firm run by “accomplished ex-federal criminal investigators,” who have been probing the Clinton Foundation for some time.

Kessel told MDA “There is no controlling Bill Clinton. He does whatever he wants and runs up incredible expenses with foundation funds, according to MDA’s account of the interview. “Bill Clinton mixes and matches his personal business with that of the foundation. Many people within the foundation have tried to caution him about this but he does not listen, and there really is no talking to him.”

MDA compiled Kessel’s statements, as well as over 6,000 pages of evidence from a whistleblower they had been working with separately, and which they filed secretly over a year ago with the FBI and IRS. MDA has alleged that the Clinton Foundation engaged in illegal activities, and may owe millions in unpaid taxes and penalties.

In addition to the IRS, the firm’s partners have had contact with prosecutors in the main Justice Department in Washington and FBI agents in Little Rock, Ark. And last week, a federal prosecutor suddenly asked for documents from their private investigation.

[…]

The memo also claims Kessel confirmed to the private investigators that private lawyers reviewed the foundation’s practices — once in 2008 and the other in 2011 — and each found widespread problems with governance, accounting and conflicts of interest.

“I have addressed it before and, let me tell you, I know where all the bodies are buried in this place,” the memo alleges Kessel said.

[…]

The 48-page submission, dated Aug. 11, 2017, supports its claims with 95 exhibits, including internal legal reviews that the foundation conducted on itself in 2008 and 2011.

(THE HILL)

What Bias? Podesta (Team Clinton) vs. Manafort (Team Trump)

From 1966-to-2015, seven people were charged with the FARA Act… over 50-years. In recent months three people have been charged. What is the common thread? They worked for Trump.

WASHINGTON EXAMINER notes this about the above example of the Clinton Machine still tumbling along:

Tony Podesta, founder of the now-shuttered Podesta Group and brother to former Hillary Clinton campaign chairman John Podesta, has been offered immunity by special counsel Robert Mueller to testify against former Trump campaign manager Paul Manafort, according to a report.

Fox News’ Tucker Carlson announced on his show Thursday evening that two separate sources confirmed the offer.

“In other words, for a near identical crime, Bill and Hillary’s friend could escape and emerge completely unscathed while Paul Manafort may rot in jail. Only one of them made the mistake of chairing Donald Trump’s presidential campaign,” Carlson said.

[….]

Manafort and Podesta’s firms worked together in a public relations campaign for the European Centre for a Modern Ukraine nonprofit, which was believed to be backed by the pro-Russian and oligarch-funded Ukrainian political group Party of Regions. Sources who spoke with NBC News in October said the Podesta Group became of significant interest because it may have violated the Foreign Agents Registration Act. FARA states Americans who lobby for foreign governments, leaders, or political parties must disclose their activities with the Justice Department.

This Is What REAL Treason Looks Like

(JUMP TO ADDED ARTICLE LINK) You just can’t make this stuff up!

NEWSBUSTERS hilariously notes…

…First, the Clinton Campaign made use of the same law firm during the 2016 election! Yes, Hillary Clinton, in fact, hired James Hamilton, a partner at Morgan, Lewis, and Bockius and a well-know DC attorney who also previously worked for Al Gore, John Kerry, and even Barack Obama!

Second,the law firm founded by Howard Dean received the same Russian Law Firm of the Year Award in, get ready, 2013, 2014, and 2016!…

If you need any reminding, the Democrats have a long history of “coziness” with the Russians, you need to look no further than the “Lion of the Senate” (Ted Kennedy) to see what REAL treason looks like:

…If these progressives want to know what actual treason looks like, they should consult liberal lion Ted Kennedy, who not only allegedly sent secret messages to the Soviets in the midst of the cold war, he also begged them to intervene in a U.S. presidential election in order to unseat President Ronald Reagan. That’s no exaggeration.

According to Soviet documents unearthed in the early 1990’s, Kennedy literally asked the Soviets, avowed enemies of the U.S., to intervene on behalf of the Democratic party in the 1984 elections. Kennedy’s communist communique was so secret that it was not discovered until 1991, eight years after Kennedy had initiated his Soviet gambit:

Picking his way through the Soviet archives that Boris Yeltsin had just thrown open, in 1991 Tim Sebastian, a reporter for the London Times, came across an arresting memorandum. Composed in 1983 by Victor Chebrikov, the top man at the KGB, the memorandum was addressed to Yuri Andropov, the top man in the entire USSR. The subject: Sen. Edward Kennedy.

“On 9-10 May of this year,” the May 14 memorandum explained, “Sen. Edward Kennedy’s close friend and trusted confidant [John] Tunney was in Moscow.” (Tunney was Kennedy’s law school roommate and a former Democratic senator from California.) “The senator charged Tunney to convey the following message, through confidential contacts, to the General Secretary of the Central Committee of the Communist Party of the Soviet Union, Y. Andropov.”

Kennedy’s message was simple. He proposed an unabashed quid pro quo. Kennedy would lend Andropov a hand in dealing with President Reagan. In return, the Soviet leader would lend the Democratic Party a hand in challenging Reagan in the 1984 presidential election. “The only real potential threats to Reagan are problems of war and peace and Soviet-American relations,” the memorandum stated. “These issues, according to the senator, will without a doubt become the most important of the election campaign.”

Kennedy made Andropov a couple of specific offers.

First he offered to visit Moscow. “The main purpose of the meeting, according to the senator, would be to arm Soviet officials with explanations regarding problems of nuclear disarmament so they may be better prepared and more convincing during appearances in the USA.” Kennedy would help the Soviets deal with Reagan by telling them how to brush up their propaganda.

(More at The Federalist Papers)


Let’s not forget this episode:


Also note the “coziness” of Bill Clinton via his wife’s Secretary of State position, detailed well in the documentary found HERE. But a quick reminder via NATIONAL REVIEW seems in order:

The Democrats and old-guard news media (forgive the redundancy) are pathologically obsessed with the hypothesis that Team Trump and Russia rigged last November’s presidential election. If Donald J. Trump so much as played Tchaikovsky’s Marche Slav on his stereo, these leftists deduce, he was in cahoots with the Kremlin.

Meanwhile, the same folks who spy a KGB agent behind every filing cabinet in Trump’s White House are aggressively apathetic about Hillary and Bill Clinton’s policies, decisions, and actions that gave aid and comfort to Russia.

Hillary’s much-mocked “Russian reset” established the tone for the Clintons’ coziness with the Kremlin. On March 6, 2009, during a trip to Geneva, she presented Russian foreign minister Sergei Lavrov a small, red button. Hillary thought it was emblazoned with the Russian word for “reset.” Her team mistranslated and the button actually read “overload.” Nonetheless, Clinton and Lavrov jointly pressed the symbolic button. And a new era in U.S.–Russian relations erupted.

While visiting Moscow on March 24, 2010, Hillary explained the Reset’s purpose: “Our goal is to help strengthen Russia.”

[Video at National Review]

Hillary said this in an interview with veteran broadcaster Vladimir Pozner of Russia’s First Channel TV network. Pozner is a Soviet-era relic who still communicates in barely accented English. During the Cold War, he popped up on American TV and radio programs and presented the views of the Communist Party of the Soviet Union. Pozner’s pleasantries made him and his totalitarian bosses seem blandly benign.

The shadiest deal that the Clintons hatched with Russia is called Uranium One. This outrage should mushroom into Hillary and Bill’s radioactive Whitewater scandal.

Frank Giustra, a Canadian mining mogul and major Clinton Foundation donor, led a group of investors in an enterprise called Uranium One. On June 8, 2010, Rosatom, the Russian State Atomic Energy Corporation, announced plans to purchase a 51.4 percent stake in the Canadian company, whose international assets included some 20 percent of America’s uranium capacity.

Because this active ingredient in atomic reactors and nuclear weapons is a strategic commodity, this $1.3 billion deal required the approval of the Committee on Foreign Investment in the United States (CFIUS). Secretary of State Clinton was one of nine federal department and agency heads on that secretive panel.

On June 29, 2010, three weeks after Rosatom proposed to Uranium One, Bill Clinton keynoted a seminar staged by Renaissance Capital in Moscow, a reputedly Kremlin-controlled investment bank that promoted this transaction. Renaissance Capital paid Clinton $500,000 for his one-hour speech.

While CFIUS evaluated Rosatom’s offer, Clinton Cash author Peter Schweizer observed, “a spontaneous outbreak of philanthropy among eight shareholders in Uranium One” began. “These Canadian mining magnates decide now would be a great time to donate tens of millions of dollars to the Clinton Foundation.”…

(Read It All)

I just wanted to add this updated article that is actually older (new to this particular post). Here is the intro of the reprinted article at FRONT PAGE MAGAZINE:

Editors’ note: In light of the Left’s deranged hysteria in response to President Trump’s recent press conference with Vladimir Putin in Helsinki, marked by pathological accusations that Trump has engaged in “treason,” Frontpage has deemed it important to bring attention to a forgotten story of verifiable scheming with the Kremlin — by the late Democratic Sen. Ted Kennedy against President Ronald Reagan. We are reprinting below Frontpage editor Jamie Glazov’s 2008 interview with Dr. Paul Kengor, who unearthed documentation detailing Kennedy’s outreach to the KGB and Soviet leader Yuri Andropov during the height of the Cold War, in which the Democratic Senator offered to collude with the Soviets to undermine President Reagan. There were no screams of moral indignation, or accusations of treason, about this matter from the Left at that time — nor since.

“Go To Hell!” – The Women Who Said “No” to Bill Clinton

  • Two women who accused former President Bill Clinton of sexually assaulting them told Fox News host Laura Ingraham on Monday night on “The Ingraham Angle” that they would tell him to “go to hell” if he now attempted to apologize to them personally. (POLIZETTE)

Twenty years later, Bill Clinton and the Democratic Party refuse to learn the lessons of the past.

Clinton accusers join ‘The Ingraham Angle’ to share their outrage at former President Bill Clinton’s NBC interview.

Trump’s “Stormy Weather”

In some excellent Tweets (chirp; chirp; chirp; chirp) Larry lays out the hypocrisy of the Left in regard to Trump’s consensual “Stormy affair” and Democrats concern over fellow Democrat predators.

PBS Documentary About Clinton (#FakeNews)

In a great example of how the media guides it’s listeners down a path full of narratives they [said media] wish were true… we find in a touted “honest” Clinton documentary many lies and missteps (Clinton | American Experience). Larry Elder is in his element here as he excoriates the depths of this false narrative. His article is a must read for those interested in this. Near the back-half of the audio Larry offers other media silence on issues surrounding Democrats. They [Democrats] apparently have a no fly zone in regard to honest reporting.

FLASHBACK | Moral vs. Immoral Politicians (Dennis Prager 1994)

Here is a throw back to 1994 via C-SPAN recording Dennis Prager in studio. This was only two years after Prager officially changed his identification from Democrat to Republican.

Dennis Prager continues his comments from earlier this week in his comments after playing Joe Scarborough apparently wanting Jesus for President. Y-e-s… that Joe that cheated on his wife with Mika Brazinski. Should Values Voters Summit attendees give Jimmy Carter a standing O?

Democrat and Hollywood Hypocrisy – Harvey Weinstein

Larry Elder takes us on a Democrat infested mine-field courtesy of Harvey Weinstein. For more on the mentioned “Nuts or Sluts defense,” see Larry’s detailed explanation HERE. And more anti-woman positions by Hillary, see HERE.

Gay Patriot grabs this excerpt to point to how good of a progressive Weinstein was….

In 2015, [Weinstein’s] company distributed “The Hunting Ground,” a documentary about campus sexual assault. A longtime Democratic donor, he hosted a fund-raiser for Hillary Clinton in his Manhattan home last year. He employed Malia Obama, the oldest daughter of former President Barack Obama, as an intern this year, and recently helped endow a faculty chair at Rutgers University in Gloria Steinem’s name. During the Sundance Film Festival in January, when Park City, Utah, held its version of nationwide women’s marches, Mr. Weinstein joined the parade.

ALSO…

Why Did the Democratic South Become Republican?

The south used to vote Democrat. Now it votes Republican. Why the switch? Was it, as some people say, because the GOP decided to appeal to racist whites? Carol Swain, Professor of Political Science at Vanderbilt University, explains.