Longshoremen Strike!

CNN (Updated 12:59 AM EDT, Tue October 1, 2024): Port workers strike starts across the East and Gulf Coasts.

Nearly 50,000 members of the International Longshoremen’s Association (ILA) are on strike Tuesday against the nation’s East and Gulf Coast ports, choking off the flow of many of the nation’s imports and exports in what could become America’s most disruptive work stoppage in decades.

The strike, which was confirmed by the Port Authority of New York and New Jersey as well as the Port of Virginia, began at midnight.
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The strike will stop the flow of a wide variety of goods over the docks of almost all cargo ports from Maine to Texas. This includes everything from bananas to European beer, wine and liquor, along with furniture, clothing, household goods and European autos, as well as parts needed to keep US factories operating and American workers in those plants on the job. It could also stop US exports now flowing through those ports, hurting sales for American companies. 

Biden could stop this, but he his handlers don't want to. 

Washington Examiner: Biden won’t invoke Taft-Hartley to stop port strike that could cost $5 billion a day.

On Sunday, Biden said he would not get involved.

“It’s collective bargaining,” he said. “I don’t believe in Taft-Hartley.”

Oh, we have to suffer and endure more economic hardship because Biden doesn't believe in Taft-Hartley.

U.S. Chamber of Commerce: US Chamber of Commerce calls on Biden to Invoke Taft-Hartley.

Nikkei ends lower on fears U.S. rate hikes will hurt global economy.

People's Daily: Nikkei ends lower on fears U.S. rate hikes will hurt global economy.

09:20, September 06, 2022

TOKYO, Sept. 5 (Xinhua) -- Japan's benchmark Nikkei stock index closed lower for a fourth successive day Monday, following Wall Street's weak lead late last week amid ongoing concerns the U.S. Federal Reserve's aggressive rate hikes will impact the global economy.

The 225-issue Nikkei Stock Average lost 31.23 points, or 0.11 percent, from Friday to close the day at 27,619.61.

The broader Topix index, meanwhile, shed 1.38 points, or 0.07 percent, to finish at 1,928.79.

Local dealers said the market mood was dented following Wall Street's poor showing on Friday, owing to solid U.S. jobs data for August supporting the median market consensus the Fed will continue with its aggressive rate hikes to combat inflation.

"The Fed will likely push ahead with a 0.75 point basis rate hike to be announced later this month, with the central bank also signaling its aggressive monetary policy will continue into the future despite the impact it will have on its own and the global economy," a Tokyo-based investment analyst was quoted as saying.

Market strategists also noted that U.S. markets being closed for the Labor Day holiday on Monday added to a risk-off mood, amid a lack of fresh trading cues.

We'll see how U.S. markets react on Tuesday's Opening Bell.

Parsing Nanny Pelosi

Did you see Nanny Pelosi this past Sunday, the 26th, on ABC's "This Weak With George Stephanopoulopopoplopolus"?

Here's a recap on the nonsense that she attempted to proffer as facts.

Pelosi, as have many other Liberals, claims that [President Donald Trump] "has put Wall Street ahead of the American people."


That's a nice sound byte that the Fakestream™ Media will be sure to broadcast, but it's a bogus accusation.

I guess every four or eight years, Wall Street, like the White House, completely and totally changes its political affiliation.

It's painfully obvious that any accusation that the interests of Wall Street are placed above those interests of Main Street wasn't whispered about during the eight years under Barack Hussein Obama.

When Obama took office, the DOW was 7,949.

At the end of the trading day of the 2017 presidential inauguration, the DOW closed at 19,827.

Why, there can only be one conclusion: Obama put Wall Street ahead of the American people.

Fills in facial wrinkles and skin crevices!

Pelosi also said that our health care costs were rising so much, to an unprecedented level eight years ago, it is the reason for passage of the Affordable Care Act, aka the atrocious and invasive "ObamaCare."

Allow me to remind everyone that the political party of "Keep Your Hands Off My Body" is now the party of "Keeping the Government's Hands All Over My Body."  THANK GOD the financial penalty for not having proof of health insurance was surgically excised by Doctor Trump.

If I understand Pelosi correctly, she's saying that our health care costs were so high prior to ACA, that the only way to reduce those costs was to spend billions, increasing the cost of health care premiums for millions of Americans and implementing one of the most onerous and invasive federal programs since the absurdly costly Socialism foisted upon the American people since FDR and LBJ.

Pelosi babbled on and on, reciting the Usual Liberal Talking Points as only a well-rehearsed Liberal magpie can do.

Among other inane rambling from this woman, who appears to have had three-too-many face lifts considering the skin across her face is stretched across her like saran wrap atop a bowl of potato salad, Pelosi said, "we must focus on rebuilding our infrastructure."

Our infrastructure needs rebuilding? I don't understand this. Upgrading our infrastructure was a MAIN FOCUS of EX-PRESIDENT Barack Hussein Obama.

Excuse me, but wasn't our infrastructure completely upgraded with all the Shovel Ready Jobs  Obama created by pushing the U.S. into trillions of dollars of debt?

Obama and his political and voting Cultists FAILED in reforming any type of health care ("If you want to keep your doctor, you can.") causing all health care costs to skyrocket for everyone.

Obama and his Cultists FAILED with flying colors in rebuilding our infrastructure.

And Wall Street? Apparently Wall Street as a non-living organism (a street does not live and breath) and the people working for Wall Street, were all Democrats for the past eight years.

The Liberal Insane Clown Posse GLOSSES over the fact that THEIR LOSING PRESIDENTIAL CANDIDATE HILLARY CLINTON LOSING PRESIDENTIAL CANDIDATE HILLARY CLINTON LOSING PRESIDENTIAL CANDIDATE HILLARY CLINTON LOSING PRESIDENTIAL CANDIDATE HILLARY CLINTON -- sorry about that, sometimes my fingers simply enjoy typing that phrase repeatedly and I can't control it.

Let's give that another try: The Liberal Insane Clown Posse GLOSSES over what a Wall Street shill they had in Hillary Clinton. Hypocrites, yet - no surprise.

As of January 20th, everyone who works in any capacity related to Wall Street - like the pod people in "Invasion of the Body Snatchers" - awakens now as a greedy Republican institution when for the past eight years Wall Street must have, obviously, all been Democrats.

How does an entire industry, whose financial metrics, soared to unprecedented heights during eight years of Obama suddenly, overnight, morph into Republicans? The Answer: it doesn't. It's simply another lie told by Liberals.

Pelosi, a national "charity case."

Pelosi's estimated net worth is $120 MILLION. 

In fact, her net worth increased 62 percent in just ONE YEAR! Wouldn't you like a net worth increase of 62 percent in one year? Who wouldn't?

Forms disclosing the assets and liabilities of lawmakers for the 2010 calendar year were released Wednesday. The forms give a good estimate of lawmaker wealth, though they show ranges and not precise values for stocks, pension plans, vacation homes and other assets of lawmakers.

Pelosi saw her wealth rise due to some stock gains.

Stocks? Pelosi owns stocks? Stocks? Stocks are related to Wall Street, aren't they?

Let us not forget about the fine imposed because of her misuse of spending of PAC money.

Nancy Pelosi does not care about working Americans, and when I use the phrase working Americans I'm talking about anyone whose yearly salary is anywhere between $12,000 to $100,000.

The most recently available median salary for the U.S. is $55,775.

Pelosi does not identify with working Americans, she never will...she can't. She is a talking bobble-head whose purpose is only to further Liberalism. She is losing the fight and her fellow Uber Liberals are apoplectic that their political agenda is dying and life support...well, life support isn't looking so good for them now. And that's a good thing.