Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: reality

Churches Ramp Up Protection Following Texas Rampage

This article appeared online at TheNewAmerican.com on Monday, November 13, 2017: 

English: Ted Haggard-founded New Life Church i...

New Life Church in Colorado Springs, Colorado

It’s taking more than hope and good feelings to protect houses of worship from crazed attackers. Tomie Barker attends Christ Lutheran Church in Seguin, Texas, about 15 miles north of Sutherland Springs. She and her husband own firearms but have never taken one to church, until now: “Why should we take a gun to church? We feel like we ought to be safe [there].” But from now on they’ll have the assurance that comes not only from the Holy Scripture but from a firearm: “[My husband’s] not leaving home without it now.”

Many churches are waking up to their vulnerability.

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Democrats: Victory in Virginia Governor’s Race a Rejection of Trump

This article appeared online at TheNewAmerican.com on Wednesday, November 8, 2017:

English: Ed Gillespie at the Republican Leader...

Ed Gillespie

The win by Democrat Ralph Northam over Republican Ed Gillespie in the Virginia governor’s race on Tuesday has breathed desperately-needed oxygen into Democrats who have lost race after race since President Trump was elected a year ago. Some have gone over the top, suggesting that it’s the Republican Party that has now become carrion, whose bones will be picked clean in 2018.

The Washington Post’s James Hohmann could scarcely contain his glee:

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“Trump’s” Stock Rally Best Since 1945

This article appeared online at TheNewAmerican.com on Wednesday, November 8, 2017: 

Before the market opened on the day after Donald Trump won the election a year ago, futures were predicting a precipitous drop in the Dow Jones Industrial Average of 900 points. By the close of business that day, sentiment reversed and the market closed up 250 points, to 18,500.

That was 5,000 points ago,

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The GOP Tax Reform Bill: Sausage-making on the Titanic

This article was published by The McAlvany Intelligence Advisor on Monday, November 6, 2017:

John Godfrey Saxe. Library of Congress descrip...

John Godfrey Saxe

The oldest attribution isn’t to Otto von Bismarck, the Iron Chancellor of Germany, but to an American poet, John Godfrey Saxe. Back in 1869, he said it best: “Laws, like sausages, cease to inspire in proportion as we know how they are made.”

Imagine, then, making sausages on the deck of the Titanic just after it hit an iceberg on the glassy sea of the North Atlantic in the early morning hours of April 15, 1912. The wonderful smells might have distracted the passengers from the reality that within two hours and forty minutes the unsinkable ship would disappear beneath the surface of the icy waters, taking 1,550 passengers with her.

That picture may be too dramatic for our purposes. But

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U.S. Economy Continues to Surprise to the Upside

This article appeared online at TheNewAmerican.com on Tuesday, October 31, 2017: 

One measure of how the U.S. economy continues to exceed expectations is the Economic Surprise Index published by Citigroup. It’s a tool that is used to measure how the economy compares to those expectations and, at the moment at least, it reflects the ebullience reported elsewhere. Any reading above zero indicates that the economy’s performance is exceeding projections. On Tuesday it hit 40 — its highest level since April.

That performance has repeatedly been reported in The New American and elsewhere, with these notable results:

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U.S. Economy Powers Through Hurricanes, Beats Forecasts With Three-percent Growth in Third Quarter

This article appeared online at TheNewAmerican.com on Friday, October 27, 2017:  

Putting in its best six-month performance in three years, the U.S. economy barely skipped a beat in the third quarter, growing at a three-percent annual rate. That was just slightly behind the second quarter, which grew at 3.1 percent, but way ahead of economists who had forecast growth for the third quarter at just 2.5 percent.

The Commerce Department said

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Combined Social Security Spending for 2017 Tops $1 Trillion for First time

This article appeared online at TheNewAmerican.com on Friday, October 27, 2017: 

The Monthly Treasury Statement issued on Wednesday from the Social Security Administration showed that total spending for the three social welfare programs administered by the agency — the Old Age and Survivors Insurance program, the Disability Insurance program and the Supplemental Security Income program — topped $1 trillion for the first time in history in 2017.

The program first hit $600 billion in spending in 1997, and it took nine years to hit the next benchmark, $700 billion. From there it took between three and four years to hit subsequent $100 billion spending benchmarks. Accordingly, the agency estimates that it will spend $1.6 trillion in 2026. From there it will be just a few short years before all funds are exhausted.

Most sensible observers have been warning for years that the program is in dire jeopardy, with all manner of schemes being proposed to rescue it from oblivion:

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Treasury Department: $666 Billion Deficit; Sixth-highest in History

This article appeared online at TheNewAmerican.com on Monday, October 23, 2017:  

The federal government ran a deficit of $666 billion in 2017, reported the U.S. Treasury Department on Thursday, thanks mainly to increases in budget items that supposedly can’t be cut: Social Security, Medicare, Medicaid, and interest on the national debt. In addition, military spending is due for substantial increases under the Trump administration.

Translation:

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Gunmakers’ Stock Prices Continue to Rise Following Las Vegas Massacre

This article appeared online at TheNewAmerican.com on Tuesday, October 3, 2017:

Dianne Feinstein, member of the United States ...

Dianne Feinstein

After the Las Vegas massacre on Sunday night, the stock prices of gunmakers rose two to three percent on Monday. Following the noisy threats of more gun controls by anti-gun politicians, those stocks have continued to rise on Tuesday. Since the close of business last Friday, for example, the stock price of Sturm Ruger & Co. has jumped by 6.3 percent, while American Outdoor Brands Corp. (which owns Smith & Wesson) is trading seven-percent higher. The stock price of Vista Outdoor Inc., the conglomerate with ownership of ammunition makers American Eagle, Blazer, and Federal Premium, as well as gunmakers Savage Arms and Stevens Arms, is trading 3.5 percent ahead of Friday’s closing price.

The simple explanation for this was expressed by Mark Zandi, chief economist at Moody’s Analytics:

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Justice Department Closes File on Officers Charged in Freddie Gray Case

This article appeared online at TheNewAmerican.com on Wednesday, September 13, 2017:

In a press release issued late Tuesday the Justice Department announced its decision not to prosecute six officers involved in the death of Freddie Gray in 2015:

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Hurricanes Hammer OPEC as Well

This article appeared online at TheNewAmerican.com on Monday, September 11, 2017: 

English: Flag of the Organization of Petroleum...

Estimates are that Hurricane Irma knocked out the power to nearly six million Floridians’ homes and businesses, while both Harvey and Irma have either destroyed or heavily damaged 300,000 homes in Texas and hundreds of thousands more in Florida. Further estimates are that these two massive storms have reduced demand for oil by nearly a million barrels a day.

This is being reflected in the price of NYMEX (New York Mercantile Exchange) crude oil dropping to $47 a barrel early Monday. Last Wednesday crude was selling at more than $49.

Part of the problem facing OPEC and its grand plan to cut production to raise oil prices was its assumption that

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Shiller’s CAPE, Harvey, Irma, and now Jose: How Much More is Needed for a Stock Selloff?

This article was published by The McAlvany Intelligence Advisor on Friday, September 8, 2017:

English: (left) and meeting shortly after the ...

Republicans Smoot and Hawley

Wall Street prognosticators have watched Robert Shiller’s CAPE – “cyclically adjusted price-to-earnings” ratio – for years for signs that stocks are becoming overvalued. It’s now at a nosebleed level reached just before the October 1929 crash. The good news is that CAPE has been at that level ever since Shiller said that stocks were overvalued earlier this year. It is not a market timing tool, but more of an early warning indicator.

Short sellers have gotten smashed as the stock market continues to defy gravity. Bets against the SPDR S&P 500 exchange-traded fund, the largest ETF tracking that index, fell to lows in July not seen since May 2013.

But Hurricanes Harvey, Irma, and now possibly Jose may finally bring things back to earth. The jump in unemployment claims for the week ending September 2, caused by Harvey and reported by the Department of Labor (DOL) on Thursday, not surprisingly exceeded economists’ consensus. The increase of 62,000 for the week to

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Texas Instructor Protests Campus Carry by Wearing Helmet and Body Armor to Class

This article appeared online at TheNewAmerican.com on Monday, August 14, 2017: 

English: The Bill of Rights, the first ten ame...

Rather than resigning or noisily transferring to another, more “enlightened” school, or filing a frivolous lawsuit, geography instructor Charles K. Smith protested Texas’ new campus carry freedom by showing up on the first day of class wearing — ready? — a helmet and a bullet-resistant vest! Smith teaches at San Antonio College.

His foolishness made the papers, and he took full advantage of the publicity, claiming the new law somehow puts him at risk:

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OPEC Members Continue Non-compliance

This article appeared online at TheNewAmerican.com on Friday, August 11, 2017:

English: Flag of the Organization of Petroleum...

The Paris-based International Energy Agency (IEA) noted in its latest report released on Friday that non-compliance among OPEC’s members, and those non-members who also agreed to cut oil production, increased again in July. Non-compliance is the death knell for any cartel, and OPEC is no exception.

Specifically, non-compliance among the cartel’s members rose to 25 percent in July, the highest since the agreement was inked in January. Among non-OPEC members who signed on to that agreement, non-compliance was at 33 percent in July.

Put another way,

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Let Time and Not Sanctions Remove Venezuela’s Marxist Dictator

This article was published by The McAlvany Intelligence Advisor on Friday, August 11, 2017: 

The Free Dictionary’s attempt to define the idiom “patience is a virtue” almost perfectly fits the personality style of America’s president:

Fred: The doctor has kept us waiting for half an hour! If he doesn’t call us into his office pretty soon, I may do something violent!

 

Ellen: Calm down, dear. Patience is a virtue.

One is tempted to change Fred’s name to Donald!

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Maduro’s Revolution Is Eating Its Own

This article appeared online at TheNewAmerican.com on Monday, August 7, 2017:  

Português: Brasília - Entrevista do presidente...

Nicolas Maduro, the communist thug who now rules Venezuela

Following the typical historical pattern of socialist takeovers, the Venezuelan National Constituent Assembly (NCA) replaced the duly elected National Assembly on Friday, opening the ceremony with a speech from a Cuban communist guerrilla, followed by a speech reflecting a total disconnect from reality, and ending with giving the boot to a former Chavista who has in recent months become an embarrassment.

Reiterating the theme that the United States, and especially President Donald Trump, is responsible for Venezuela’s troubles, Fernando Soto Rojas, a Cuban-trained guerilla, opened the meeting of the NCA, shouting, “Yankee imperialism has not been able to stop the march of the people!”

The NCA then appointed Maduro’s foreign minister Delcy Rodriguez as head of the new body. Her total disconnect from reality was exposed by her claim that

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Maduro’s Socialist Revolution in Venezuela is Now Complete

This article was published by The McAlvany Intelligence Advisor on Monday, August 7, 2017: 

Now that protesters have left the scene and Maduro has removed the primary thorn in his side, the socialist revolution begun by Marxist Hugo Chavez two decades ago now appears to be complete.

Before the new illegally elected National Constituent Assembly (NCA) took over on Friday, Maduro’s Prosecutor General, Luisa Ortega Diaz (shown), had become a thorn in his side. A hard-core Chavista, Diaz was appointed in 2007 and helped Hugo Chavez cement his position in place as Venezuela’s Marxist dictator. When her term ran out in 2014 she was appointed for another six-year term.

Things went sideways earlier this year when Maduro declared that

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Democrats and Fiscal Reality Present Roadblocks for Trump’s Budget

This article appeared online at TheNewAmerican.com on Tuesday, August 1, 2017:

speaking at CPAC in Washington D.C. on Februar...

Deciding to move on following the failure of the Senate to pass the “skinny” ObamaCare repeal bill, the Trump administration announced on Monday its accelerated plans for passing its budget bill. According to Marc Short, President Trump’s director of legislative affairs, background work on the budget will take place in August in preparation for committee action in the House in September. Assuming little resistance there, Short hopes for a floor vote in October, a Senate vote in November, and the president’s signature on it immediately thereafter.

It’s good to dream big.

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Food Stamp Dependency Dropping

This article was published by The McAlvany Intelligence Advisor on Monday, July 24, 2017:

English: Logo of the .

In its report released last week the USDA reported that SNAP – the Supplemental Nutrition Assistance Program, the old food stamp program – is shrinking, a little. In 2016, 44 million Americans and immigrants (legal and illegal) took advantage of taxpayers’ largess, costing them $71 billion. In 2010, there were 47 million receiving SNAP benefits costing taxpayers closer to $80 billion.

The program, which began in 1969, has virtually exploded, from just 2.9 million beneficiaries that year (costing taxpayers a paltry $250 million) to a peak of 47.6 million in 2013, which cost taxpayers $79.9 billion.

Part of the shrinkage is due to

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Trump’s Growth Target Reduced to 3 Percent

This article appeared online at TheNewAmerican.com on Monday, July 17, 2017:  

For Mick Mulvaney, President Donald Trump’s director of his Office of Management and Budget (OMB), reality is setting in. On the campaign trail Trump repeatedly promised four percent growth in the GDP (gross domestic product): “We’re bringing it from 1 percent up to 4 percent. And I actually think we can go higher than 4 percent. I think you can go to 5 percent or 6 percent.” (October, 2016). Later that month he doubled down during a speech to an audience in North Carolina: “I’m going to get us to 4 percent growth and create 25 million jobs over a 10-year period.”

Mulvaney’s editorial in the Wall Street Journal on Wednesday was unapologetic: “We are promoting MAGAnomics — and that means sustained 3 percent growth.” This new tag, which incorporates the acronym for “Make America Great Again,” is a play on “Reaganomics” from the 1980s:

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.