Today Democratic Party Presidential candidate Joe Biden announced his pick for VP, and it’s California Senator Kamala Harris. Sen Harris was a candidate for the Presidency on the Dem side, but failed to gain enough traction to win the nomination. Nonetheless, she has evidently earned the trust and confidence of Biden as she is now his running-mate. With this announcement, the Presidential race is now heating up. With only a few short months to go, it’s still a close toss-up as to who will win the Presidency in the opinion of The Kapital News. And if 2020 continues on its current trajectory, then a few short months may feel like an eternity and anything and we mean anything could happen.
Despite what the politicians themselves will tell you and what the mainstream media would have you believe – there’s really not that much of a difference between both sides. Yes, they’ll tell you otherwise. Yes, they’ll tell you how they’re different and one side wants to raise taxes and the other cut them. How one wants to handle foreign policy this way and the other side that way, etc… But understand and understand well that at the end of the day on a net-net basis we have to look at the results and the actions. And one administration after the next whether Republic or Democrat, in conjunction with Congress, have led us to a path of ruin. There is no major difference between the two-parties – they are virtually one-in-the-same. All you have to do is pay attention and put aside the party and put the country first. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Debt #2020 #USA #BananaRepublic
So the 3rd Democratic debate took place this evening in Houston, Texas. As we make our way further into the 2020 Presidential campaign, we are starting to see the Democratic field dwindle. It was only a few weeks ago that there were over two dozen candidates – now we’re down to about a dozen. While there were only 10 candidates on the stage this evening given the guidelines as established by the DNC, there are still a couple other candidates on the sidelines. During the 3-hour debate there was much discussion centered around healthcare policy. Jabs and uppercuts were thrown at the frontrunners – Joe Biden, Bernie Sanders, and Elizabeth Warren. All held their own and continue to drive policies that resonate with a sizeable portion of the electorate. We anticipate the attacks will increase in volume and will become rhetorically sharper as we make our way through the process. Other topics discussed were focused on gun control, climate change, and immigration. It’s pretty much the same old talking points and ideas from the Democratic party, which will not solve the issues facing this nation. Unfortunately, the policies from the Republican side are not solving them either. In other news, the US deficit has officially hit $1 trillion. The first time since 2012 when the nation was still making its way out of the Great recession. And there’s still another month to go in the current government fiscal year, which ends at the end of September. In addition, we have inflation figures at an 11-year high. Don’t forget that the Federal Reserve meets next week to determine interest rates. We have 50-year low unemployment at 3.7% and inflation around goal, and stock market indexes about to hit all-time highs – so why should the Federal Reserve cut rates? Perhaps they just want to follow the ECB, which did cut rates further into negative territory. Also, the central bank has agreed to another round of QE, with 20 billion Euros a month of bond-buying starting 1 November. It was only nine months ago that the ECB ended their last QE program. Clearly, it is not working and the central bank lowered both their forecasts for inflation and growth. Perhaps an admission of sorts that their “stimulus” measures have not worked – so why will they work this time? Stay diversified, stay vigilant, and stay with The Kapital News. #DemsDebate #Recession #Politics #Economics #EndTheFed #WakeUpAmerica #Peace #2020
The G-20 meeting in Osaka, Japan has concluded and with it the talks between Presidents Trump and Xi. The world is now left with an indefinite trade truce. Neither side is increasing or decreasing their respective tariffs, but talks are set to continue. Last time these two leaders met from their G-20 meeting in Argentina, a 90-day deadline was established to get a deal struck before further tariffs would be levied from the US side. This time, however, there is no new deadline. While President Trump has stated that the meetings went better than expected, the Chinese media was reporting that there is a long road ahead before reaching a deal. If we enter into a war of the words between the US and China – who will the world and the markets believe? On a domestic front, Senator Kamala Harris went after former VP Joe Biden in round two of the debates and has received some praise and some criticisms. Regardless, it remains the opinion of The Kapital News that Senator Harris is going to be a formidable candidate on the Democratic side – the subsequent media coverage of Senator Harris is further evidence in our corner.
It was round II this evening for the 2020 Democratic contenders. Pretty much the same song and dance as yesterday’s debate. This is to be expected as there are twenty candidates and still very early on in the campaign. Over time, the field will get smaller and the debates will be sharper and hopefully more about specifics than just talking points. One of the main takeaways from tonight’s debate was the discussion on automation and artificial intelligence. This was brought up by former tech executive, Andrew Yang. While there was not an in-depth discussion, it was nevertheless addressed. The Kapital News believes there needs to be a national conversation on this topic because while it may be easy to blame illegal immigrants and the Chinese for “taking” away jobs – we have to ask ourselves, what about technological advancements? If robots, computers, and 3-D printers displace millions of workers – how will those jobs “come back?” Serious questions and they deserve serious answers.
We have a lot to discuss today, whether it’s Senator Kamala Harris’ rant on the “gender-pay” gap, raising the smoking age, US/China trade war, Iranian and Middle East tensions, EU elections, or our Letter to the President – one thing is certain – we’re living in the Twilight Zone.
A look at a few stories that may be too coincidental to be coincidence. First, the Smollett case and the Anti-Lynching bill. Then onto Bob Kraft, Julian Epstein, and human trafficking. Then lastly, the Bob Mueller report is not likely to be produced next week.
We continue our discussion on Andrew McCabe and the deep state’s insurance policy to overthrow President Trump. Additionally, Bernie Sanders throws his hat into the 2020 elections – one more socialist to the list!