So many items of WINNING news today it’s hard to know where to start.
How about this: The ADP private sector jobs report for May is in, and although it’s a big negative number, it’s still positive news in the context of this whole self-imposed Wuhan Virus recession. The ADP number for May came in at a net jobs loss of 2.76 million, which is obviously a depressing number. But – and it’s a big BUT – the consensus of projections by the so-called experts in this field had predicted a loss of 8.663 million jobs, almost 6 million more than the actual number.
What this means is pretty clear:
– Many workers who had lost jobs over the last 10 weeks and filed initial claims for unemployment quickly found new jobs;
– Businesses are reopening faster than the “experts” have anticipated despite the efforts by an array of Democrat governors to prevent that from happening in states like Michigan, New York, California, Oregon, New Jersey and Nevada;
– The reduction in economic growth has obviously not been as deep and severe as most have estimated.
That’s why we have this next bit of WINNING news: The Dow Jones Industrial Average rocketed up above 26,000 today, just 5 trading days after it topped 25,000 last Wednesday, and just 9 weeks after it bottomed out at 18,591. That is a rise of ~40% in a little over 2 months.
At the same time, the NASDAQ hit 9,681 today, and is now within just 70 points of regaining every bit of the losses it suffered in March. Given that the stock markets tend to reflect where investors believe the economy will be 3 to 6 months from now, that represents a stunning vote of confidence in the U.S. economy.
Obviously, the investor class in our country has just as little faith in the economic “expert” class as you and I do.
Oh, hey, then there’s this: You may be wondering why all the rioting across the country suddenly got dialed back last night. President Trump is saying that it’s because some mayors – like Eric Garcetti in Los Angeles – called in the National Guard, and that likely has a lot of merit. But other depraved Democrats like Bill de Blasio and Lori Lightfoot in Chicago did not do that, yet saw a dramatic decrease in violence and mayhem in their cities, too.
Here’s why I believe that happened: The Democrats – and thus, Antifa and Black Lives Matter – got hold of bad polling data, which meant all the bad out-of-state actors were ordered to go home. Remember, every decision the Democrats make is based on polling data.
The bad data on the riots came to them in the form of a new poll from the very liberal Morning Consult polling group, which finds that Americans favor using the National Guard and the U.S. military to put down these riots by a frankly amazing 58%-30% margin. The move is even favored by Democrat voters by a 48-43 margin.
In another bit of bad polling data (for Democrats), the Rasmussen survey shows that a large plurality of Americans consider Antifa to be a terrorist organization. 49% of respondents answered yes, while just 30% said no.
If you don’t think that data caused a ton of Democrat heads to explode, then you don’t understand how Democrats think and operate.
Uhhhh, who to believe – Rod Rosenstein? Or Andrew McCabe? – It’s a very tough choice, but that is what America faces today following an interesting Senate Judiciary Committee hearing in which the oily, rodent-like former Acting Attorney General offered his sniffing and slurping testimony. In this instance, I would tend to believe Rosenstein, if only for the fact that being slightly more believable than the pathological liar McCabe is such a low damn bar.
As we pointed out yesterday, Rosenstein has much to answer for related to his gross misconduct in office during the active coup d’etat effort which he personally facilitated from May 2017 through March 2019. Sadly, the stilted format of these hearings and uselessness of so many of the GOP senators meant that he only had to answer for a few of those things today.
The main focus of the few Republicans who really went after Rosenstein today – Lindsey Graham, Ted Cruz and Chuck Grassley – was why Rosenstein signed off on the 4th fraudulent FISA warrant and appointed Robert Mueller shortly after he had assumed the office of Deputy Attorney General. Rosenstein’s wormy answer basically amounted to, “hey, I was just going on the information provided to me by Andy McCabe and his evil team, which included Peter Strzok and Lisa Page.”
Remember, at a press conference two years ago, Rosenstein went on and on about the fact that “In order to get a FISA warrant, you need an affidavit signed by a career law enforcement officer who swears the information is true… And if it is wrong, that person is going to face consequences.”
Remember that? I do, and today Rosenstein outright admitted his signing off on that FISA warrant based solely on the word of a pathological liar and his demonic staff was, well, wrong. But of course, he then added that, hey, he was just the new guy at DOJ and couldn’t be expected to try to verify any of the BS he was being fed by McCabe and Strzok and Page.
Naturally, McCabe was watching the proceedings at home – or maybe at CNN headquarters, where he remains employed as a richly-paid on-screen liar, er, “contributor” – and he issued a statement defending himself as the hearing was progressing, as reported by JustTheNews.com:
In a statement apparently authored shortly after Rosenstein made that assertion, McCabe said that Rosenstein’s “claims to have been misled by me or anyone from the F.B.I.” were “completely false.”
“I briefed Mr. Rosenstein on Jim Comey’s memos describing his interactions with the president days after Mr. Rosenstein wrote the memo firing Jim Comey,” McCabe said, in a statement read by committee Chairman Lindsey Graham.
Rosenstein’s remarks “loo[k] to be another sad attempt by the president and his men to rewrite the history of their actions in 2017,” McCabe said. “They have found in Mr. Rosenstein, then and now, a willing accessory in that effort.”
Hilariously, Lindsey Graham closed the hearing out by reading McCabe’s statement and allowing Rosenstein to give one more worm-like answer:
“I did not say that Mr. McCabe misled me,” he said. “Those were not my words. I think he is responding to somebody’s question.”
“What I said was, he did not reveal the Comey memos to me for a week. And that is true. He revealed them to me only a couple of hours before they showed up in the New York Times, and he did not reveal to me that he was having internal deliberations with his team about whether to target high-profile people for investigation.”
Here’s reality: Rosenstein admitted under oath today that he had zero basis for signing that FISA warrant; zero basis for believing anyone in the Trump Campaign or Transition team was colluding with the Russians; and thus, zero basis for appointing a special counsel. He admitted that he basically didn’t know nuthin’ about nuthin’ and just allowed himself to be strung along by the coup cabal made up of Obama holdovers at the DOJ and FBI.
Tomorrow, expect the GOP majority to vote unanimously to issue subpoenas to more than 50 Obama loyalists who tried to fix the 2016 election and then overthrow a duly-elected POTUS.
This is actually gonna be fun to watch.
I leave you with this absolutely epic clip of Senator Ted Cruz destroying Rosenstein, Barack Obama, Susan Rice and Joe Biden at today’s hearing:
.@TedCruz completely exposes how Barack Obama and Joe Biden “unleashed, weaponized, and politicized the Department of Justice, the FBI, and the Intelligence Community” to go after @realDonaldTrump.pic.twitter.com/Y6LPujxAUX
— Ronna McDaniel (@GOPChairwoman) June 3, 2020
That is all.
Today’s news moves at a faster pace than ever. Whatfinger.com is my go-to source for keeping up with all the latest events in real time.