For your reading pleasure today, the list of articles includes media coverage of Andrew Cuomo, the America Last policies of Joe Biden, and some thoughts on the financial markets.
Inexcusable media coverage of Andrew Cuomo
Last year, Andrew Cuomo, in spite of clear evidence that he screwed up with his Covid-19 response by forcing nursing homes to accept infected patients, was held up by the media as the premier example of leadership on how to handle the pandemic.
At the same time, the media was hugely critical of President Trump (rightfully so in some instances) and FL Governor Ron DeSantis (probably the most successful big state governor in dealing with the pandemic).
This is just one more example of how the media has become the equivalent of this country’s Pravda. They go out of their way to provide cover for Democrats, and to attack Republicans.
Here is an opinion piece in the Hill discussing the coverage of Cuomo.
Under Biden, America is no longer the priority
Similar to the president he served under, Joe Biden is not interested in putting the needs and desires of American citizens ahead of the rest of the world.
As a result, he is rolling back all of the Trump policies that actually put America first, while holding aggressive nations in check.
Those of us who follow politics closely knew this would be the case, but most voters are interested in personality rather than substance. As time goes on, I suspect they’ll regret that choice.
Here is an article that discusses the contrasts that MOST people know nothing about…. America Last.
Biden Economic policies will be a train wreck
I totally agree with this article. This pain won’t be felt for awhile, due to the amount of stimulus that will be coming down the pipeline. But, the stimulus hangover this time will be brutal.
Biden begging for Iran nuclear deal
This is something I never understood about Obama, and now Biden is following the same road map.
Iran has been the largest state sponsor of terrorism in the world for decades, is a huge violator of human rights, and the biggest obstacle to peace in the Middle East.
Yet Obama, and now Biden, bend over backwards to do a deal with the Mullahs, while shunning our actual allies in the region.
New Commodity Super Cycle?
Commodity prices have been surging since last Spring when the Fed and other central banks added a huge amount of stimulus to offset the economic impact of Covid-19.
Commodities such as soybeans, copper, silver and corn have hit prices not seen in over five years and longer.
With more stimulus on the way, and continued surging middle class populations in China and India, there’s a good chance we are at the beginning of a new commodity super cycle similar to what we saw in 2004-2006.
High commodity prices = bad for bonds
When inflation expectations are on the rise, bonds perform poorly.
With rates at historic lows at the beginning of the year, bond prices are now sliding fairly rapidly as commodity prices have continued to surge.
Leave A Comment