Jim’s Mailbox

Posted at 9:18 AM (CST) by & filed under Jim's Mailbox.

Jim,

You told listeners this would happen and here is the proof trade wars are not good policy.

Dave

US Trade Gap Hits 10-Year High As Trump’s Trade War Backfires – As It Happened
March 6, 2019

. . .

This shows that Trump’s trade dispute are not helping America rebalance its trade position.

The president will be particularly unhappy to learn that the trade gap with China has surged to a record high.

The US-China trade deficit rose by 11% to $419.2bn in 2018 – a year in which both sides slapped tariffs on each others exports.

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Jim,

More proof that M.O.P.E. does not work.

Dave

As Trade Deficit Explodes, Trump Finds He Can’t Escape The Laws Of Economics
March 6, 2019

WASHINGTON – The Commerce Department said Wednesday that the United States last year posted an $891.2 billion trade deficit in merchandise, the largest in the nation’s 243-year history despite more than two years of President Donald Trump’s “America First” policies.

The results were a sobering reminder that the laws of economics still apply to a president who had promised to supercharge economic growth while simultaneously shrinking the chronic U.S. trade deficit.

Those twin promises proved incompatible, as economists had predicted.

By cutting taxes and taking the lid off government spending, Trump gave the economy a shot of adrenaline. By thinning government regulations, he sought to further spur growth and hiring.

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Jim,

Looks like the tax cut was a short term boost…now comes the bust.

Dave

US Growth To Slow ‘Considerably’ In 2019: NY Fed
March 6, 2019

The US economy should slow “considerably” in 2019 as the boost from last year’s economic stimulus fades, the president of the New York Federal Reserve Bank said Wednesday.

Amid economic uncertainty, the Federal Reserve could “wait” before raising interest rates again, John Williams said in remarks to the Economic Club of New York.

Williams holds the number two position on the central bank’s rate-setting monetary policy committee.

Global markets have fallen in recent weeks as investors grow fearful the world economy will slow.

The Commerce Department estimated last month that the world’s largest economy had slowed at the end of 2018 but posted a strong 2.9 percent for the year.

Williams said that last year strong global growth, fiscal stimulus and easy financial conditions had helped boost the US economy.

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Jim,

As you said are the machines are taking over?

Dave

These Stock Market Charts Should Give You Pause
March 6, 2019

When you’ve studied stock market charts for three decades, you can’t help but notice that something very peculiar has been happening to the U.S. stock market in recent years. Rather than taking off at the opening bell and holding an upward bias or a downward bias for the balance of the trading day – the way stock markets historically behave – the Dow Jones Industrial Average frequently spends the morning hours rotating between sharp upward spikes and big drops as if an invisible force (say an algorithm, for example, operating in the futures market) has the controls. To see what we mean, take a look at the two charts below: one from March 27, 2018 and one from May 16, 2018.

 

 

 

 

 

 

 

 

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Jim

First they made the public brain dead, now they want to kill off the next generation.

Dave

Will 5G Cell Phone Technology Lead To Population Reduction As Large Numbers Of Men Become Sterile?
March 6, 2019

I know that the title of this article is controversial, but the scientific research that has been done in this area inevitably leads us to some conclusions that are inescapable.  Our current cell phone technology produces electromagnetic radiation that damages male fertility, and the radiation produced by the new 5G technology will be much more powerful and therefore much more dangerous.  But most people don’t know about this.  Instead, most people are greatly looking forward to the rollout of 5G technology because it will be up to 100 times faster than our current 4G technology, and who wouldn’t want that?

The big cell phone companies will be spending hundreds of billions of dollars to install hundreds of thousands of new 5G antennas, and every single one of those antennas will be constantly emitting very powerful electromagnetic radiation.  Since we can’t see the radiation, to many people the threat does not seem real, but the truth is that if you live in a major urban area you are constantly being bombarded by it.  And once the new 5G network is completely rolled out, you would literally have to live in the middle of nowhere to get away from it completely.

5G is a quantum leap from 4G, but because the smaller 5G waves do not travel as well, a lot more antennas will be required…

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Jim,

As the country argues left/ right we lose our rights every day. The public needs to wake up!

Dave

Nevada Bill Will Allow Police To Search Everyone’s Smartphone
March 7, 2019

Submitted by MassPrivatel

For years the push to replace physical drivers licenses with digital drivers licenses has relied one one thing; privacy. But all of the “fake news” the public has been fed about their privacy is about to come “crashing” down, literally.

A Nevada bill if passed would allow police to search everyone’s smartphones.

Nevada bill AB200 allows police to search the phones of everyone involved in a car crash.

“An act relating to motor vehicles; authorizing a peace officer at the scene of a traffic crash to use technology to determine if a driver was using a handheld wireless communications device at the time of the crash; requiring the suspension of the driver’s license of a driver who refuses a request by a peace officer to use such technology; providing penalties;and providing other matters properly.”

Does anyone still believe that once a cop uses a CellBrite to spy on your phone or discovers your smartphone’s unique MAC address that they will not track you in the future? If retail stores can track customers MAC address’s without a warrant don’t you think police will too?

The bill states that motorists give up their rights simply by driving in Nevada.

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