Widget Image
Follow PPD Social Media
Monday, March 3, 2025
HomeStandard Blog Whole Post (Page 792)


consumer-spending-consumer-sentiment-reuters

The Commerce Department reported Monday that U.S. consumer spending was unexpectedly flat in April as households cut back and continued to save. The report, as with data released last week, indicates the economy was struggling in the second quarter after shrinking in first quarter.

The Commerce Department also claimed there were no inflation pressures, with a price index for consumer spending recording its smallest gain since late 2009 on an annual basis.

Economists polled by Reuters had forecast consumer spending, which represents more than two-thirds of all U.S. economic activity (GDP), gaining 0.2 percent in April. March’s numbers were initially reported to have increased by 0.4 percent.

When adjusted for inflation, however, consumer spending was unchanged in April after allegedly rising by 0.4 percent in March. Gross domestic product (GDP) contracted at a 0.7 percent annual rate in the first quarter after the government initially estimated a pathetic 0.2 percent gain.

Anemic consumer spending data in addition to weak industrial production are suggesting growth in the second quarter is also deficient, despite upbeat reports on the labor market, business spending plans and housing.

Excluding food and energy, prices ticked up 0.1 percent for a third straight month. The so-called core PCE price index increased 1.2 percent in the 12 months through April.

The Commerce Department reported Monday that U.S.

Whether you support his policies or not, Sen. Graham’s speech was honest and specific

Lindsey-Graham-announcement-central-SC

Senator Lindsey Graham announces his presidential campaign in Central, S.C., on June 1, 2015.

South Carolina Sen. Lindsey Graham formally became the ninth Republican candidate to announce a 2016 presidential campaign, leaning heavily on foreign policy.

“I’m running for president of the United States,” Graham said. “I intend to be president not of a single party, but of a nation. I want to do more than make big government smaller. I want to help make a great nation greater.”

Graham made his announcement in the small town of Central, South Carolina, where he grew up. However, despite the inclusive rhetoric in the opening, he gave a largely hawkish speech focused heavily on national security and the troubling reality of current global affairs, particularly in the Middle East.

“I want to be president to defeat the enemies that are trying to kill us — not just penalize them or criticize them or contain them, but defeat them.”

Graham’s hawkish views stands in contrast to Sen. Rand Paul, R-Kty., who is also a presidential candidate but one who favors far more caution before using U.S. ground power in the region.

“I have concluded we will never enjoy a peaceful coexistence with radical Islam,” he said, adding that to defeat radical Islam, it will take more than military might.

“The most powerful weapon in our arsenal isn’t a gun,” Graham said. “The terrorists are selling a glorious death. We must sell a hopeful life.”

In an already-crowded GOP field, with at least 6 or 7 others seriously weighing a bid, it will be hard for Graham to stand out and raise the necessary money to fund a competitive campaign. He said prior to the campaign speech Monday that he would gracefully bow out of the race before the Palmetto State primary if he didn’t make a strong showing in either Iowa or New Hampshire.

To buck the trend, the undefeated senator will tout foreign policy credentials and argue they not only make him best suited to be commander-in-chief, but also make him best suited to defeat Hillary Clinton.

“I have more national security experience than any other candidate in this race. That includes you, Hillary,” quipped Graham.

A refreshingly honest and detail-specific message will play a big role in his strategy, including his somber warning that U.S. troops are likely to perish in the Middle East as part of his approach.

“I cannot promise you that the dangers they (military) face will be any less with me as president,” Graham said. “But I can promise you that they will have the leadership to win. I can promise you their sacrifices won’t be wasted and they won’t fight with their hands tied behind their backs.”

While such posturing plays well in the Palmetto State, Graham isn’t the only hawkish candidate making this case. In fact, an already-declared candidate is making a serious play in the state and has put together an organization far superior.

As National Journal recently reported, Sen. Marco Rubio, R-Fla., has put together a state team second to none. Several of the state’s most prominent and politically active businessmen have made it known they will support Rubio, including Chalmers Carr, president and CEO of Titan Farms; Dan Adams, president and CEO of the Capital Corporation; Hank Scott, CEO of Collum’s Lumber Products; and, most notably, Mikee Johnson, president and CEO of Cox Industries, who is chairman of the South Carolina Chamber of Commerce.

“Senator Rubio has put together a first-class team,” says Matt Moore, chairman of the South Carolina GOP. “Politics is all about institutional knowledge, and Senator Rubio’s team has decades if not centuries of institutional knowledge in South Carolina politics. … They understand what motivates voters, how races have been won here in the past, and how races might be won here in the future.”

Graham hasn’t led in a primary poll in his home state since February, but was also omitted from several. As of this week, Wisconsin Gov. Scott Walker leads in the PPD average of South Carolina GOP primary polls by a single point, though the last poll had Graham slightly behind Walker and former Florida Gov. Jeb Bush.

Graham is not only the ninth person to enter the race, but also the first with a military record. Last week, he announced he would retire from the reserves as he reaches the mandatory retirement age of 60 this summer, ending a military career as a JAG that began in 1982 in the United States Air Force.

S.C. Sen. Lindsey Graham formally became the

mario-draghi-eu-central-bank

Mario Draghi, President of the European Central Bank speaks during a press conference. (Photo: REUTERS)

When I write about the “suicidal” welfare state in Europe, I’m generally making an economic argument that involves demographic change, labor participation rates, and fiscal burdens.

And that’s a non-trivial argument, based on very sobering data from the Bank for International Settlements, the International Monetary Fund, and the Organization for Economic Cooperation and Development.

Today, though, let’s focus on a different version of “suicidal” welfare. This occurs when governments subsidize terrorists who hate and despise modern society.

And while these deadbeats are mostly spreading chaos and misery in the Middle East, one can’t help but wonder what will happen when they return to Europe.

We’ll start by looking at how Danish taxpayers have been underwriting jihad.

More than 30 Danish jihadists have collected unemployment benefits totaling 379,000 Danish krone (€51,000; $55,000) while fighting with the Islamic State in Syria, according to leaked intelligence documents. The fraud, which was reported by Television 2 Danmark on May 18, comes less than six months after the Danish newspaper BT revealed that Denmark had paid unemployment benefits to 28 other jihadists while they were waging war in Syria. The disclosures show that Islamists continue to exploit European social welfare systems to finance their activities both at home and abroad — costing European taxpayers potentially millions of euros each year.

Geesh, makes one think of “Lazy Robert” as a model citizen after reading about terrorists getting welfare. At least he relaxes in the party boat and doesn’t kill people.

By the way, this is not just a problem in Denmark. It’s happening in Austria.

Social welfare fraud of the kind perpetrated in Denmark is being repeated throughout Europe. In Austria, police arrested 13 jihadists in November 2014 who were allegedly collecting welfare payments to finance their trips to Syria. Among those detained was Mirsad Omerovic, 32, an extremist Islamic preacher who police say raised several hundred thousand euros for the war in Syria. A father of six who lives exclusively off the Austrian welfare state, Omerovic has benefited from additional payments for paternity leave.

Hey, maybe the terrorists who blow off their limbs can copy “Footless Hans” and get even more benefits!

And let’s not overlook Belgium.

In Belgium, 29 jihadists from the Flemish cities of Antwerp and Vilvoorde were prevented from receiving social welfare benefits from the state. The move came after an investigation found that the individuals had been accessing their Belgian bank accounts by withdrawing money from banks in Turkey, just across the Syrian border. Per capita, Belgium is the largest European source of jihadist fighters going to the Middle East; up to 400 Belgians have become jihadists in Syria and Iraq.

I’m surprised that Belgium actually cut off the handouts after finding out funds were being withdrawn in the Middle East. Don’t they have a Children’s Defense Fund or American Civil Liberties Union to file suit on behalf of the scroungers?

Here are a few case studies from other nations. We’ll start with the United Kingdom, which has a bad habit of subsidizing jihadists.

…women were increasingly being used to smuggle welfare money out of Britain to fund terrorists abroad, because they supposedly arouse less suspicion. In November 2014, for example, Amal El-Wahabi, a British mother of two, was jailed for 28 months for trying to arrange to smuggle €20,000 to her husband, a jihadist fighting in Syria. She persuaded her friend, Nawal Msaad, to carry the cash in her underwear in return for €1,000. Msaad was stopped at Heathrow Airport. The money she was carrying is thought to have come from social welfare payments.

Here are some more horrifying case studies.

British taxpayers have footed the bill for the Moroccan-born Najat Mostafa, the second wife of the Egyptian-born Islamic hate preacher Abu Hamza, who was extradited to the United States in October 2012. She has lived in a £1 million, five-bedroom house in one of London’s wealthiest neighborhoods for more than 15 years, and has raised the couple’s eight children there. Abu Hamza and his family are believed to have cost British taxpayers more than £338,000 in benefits. He has also received £680,000 in legal assistance for his failed U.S. extradition battle. The cost of keeping him in a British prison since 2004 is estimated at £500,000. Fellow extremist Islamic preacher Abu Qatada, a Palestinian, has cost British taxpayers an estimated £500,000. He has also won £390,000 in legal aid to avoid deportation to Jordan.

And don’t forget Jihadi John, another product of the British welfare state.

The Dutch also are financing enemies of modernity.

In the Netherlands, a Dutch jihadist named Khalid Abdurahman appeared in a YouTube video with five severed heads. Originally from Iraq, Abdurahman was living on social welfare benefits in the Netherlands for more than a decade before he joined the Islamic State in Syria. Dutch social services declared him to be unfit for work and taxpayers paid for the medication to treat him for claustrophobia and schizophrenia.

There are many additional examples and more data in the story.

I wish I could say that this problem is confined to Europe.

But as we saw with the Tsarnaev brothers, the welfare state in America also subsidizes terrorist dirtbags.

Heck, our State Department actually seeks out these people and brings them to the country to sponge off taxpayers!

P.S. Australia and France are guilty of welfare suicide as well.

Mitchell explains the "suicidal” welfare state in

beau-biden-dead

File photo: Then-Democratic vice presidential candidate Sen. Joe Biden, left, embraces his son Beau on stage at the Democratic National Convention in Denver on Aug. 27, 2008. (Photo: AP)

Beau Biden — son of Vice President Joe Biden — died of brain cancer at 46, the White House confirmed in a statement Saturday.

“It is with broken hearts that Hallie, Hunter, Ashley, Jill and I announce the passing of our husband, brother and son, Beau, after he battled brain cancer with the same integrity, courage and strength he demonstrated every day of his life,” the statement from Vice President Biden’s office said. “The entire Biden family is saddened beyond words. We know that Beau’s spirit will live on in all of us-especially through his brave wife, Hallie, and two remarkable children, Natalie and Hunter.”

President Obama said he and the first lady were grieving alongside the Biden family.

“Michelle and I humbly pray for the good Lord to watch over Beau Biden, and to protect and comfort his family here on Earth,” Obama said in a statement released late Saturday.

Beau Biden was a lawyer and member of the Delaware National Guard and former Delaware attorney general. However, he never would follow in his father’s footsteps as a U.S. senator.

Biden, who suffered a mild stroke at only 41 years old, was still planning to run for governor of Delaware in 2016. In August 2013, he had surgery at Maryland Anderson Cancer Center at the University of Texas in Houston to remove a lesion, which was followed by radiation treatment and chemotherapy. However, even though doctors gave him a clean bill of health three months after the procedure, he suffered a recurrence and was admitted to Walter Reed Hospital in May.

“I’m incredibly saddened to hear of the death of Vice President Joe Biden’s son, Beau Biden,” Sen. James Langford, R-OK, said in a statement. “Our entire nation mourns with the Biden family and the White House during this difficult time. Vice President Biden has endured incredible tragedies during his lifetime. Cindy and I pray for the Biden family, Beau’s widow, Natalie, and their two children.”

Biden first launched his campaign for attorney general promising to reorganize the state Department of Justice to better combat identity theft, Internet stalking by pedophiles, street crime and abuse of the elderly. Though he won with just 52.6 percent of the vote, he won reelection in 2010 by a landslide unopposed by Republicans. As attorney general, Biden established a child predator unit, took on mortgage lenders over foreclosure abuses, lending practices and proposed tougher bail restrictions for criminal defendants against the wishes of his own party.

Beau Biden -- son of Vice President

On on May 31, 2015, “Face the Nation” host Bob Schieffer signed off on his final broadcast reflecting on his half-century of reporting, and says he’ll miss being in the middle of the action.

“I wanted to work for CBS because Walter Cronkite was my hero,” said Schieffer, who admitted he’ll miss being in the middle of the action. However, he said he will never forget the trust viewers placed in him and “how nice you were having me as a guest in your home over so many years.”

“That meant the world to me and it always will,” Schieffer signed off. “Thank you.”

On on May 31, 2015, long-time “Face

2016 South Carolina Democratic Primary

57 Delegates: Allocated Proportionately (February 27, 2016)

(Please Note: Total delegates include 51 soft pledged and 6 soft unpledged “superdelegates.” Read below table for more on allocation.)

[election_2016_polls]


Polling Data

[wpdatatable id=18]


Above is table listing the latest 2016 South Carolina Democratic primary polls and aggregate PPD polling average for the first in the South primary. There are 51 delegates up for grabs in the South Carolina Democratic primary on Saturday February 27, 2016, which are to be allocated proportionately. There are another 6 “superdelegates,” or Party Leaders and Elected Officials (PLEO), who will go to the Democratic National Convention officially “Unpledged,” including 5 Democratic National Committee members and 1 member of Congress (0 senator and 1 representative).

51 of 57 delegates to the Democratic National Convention are pledged to presidential contenders based on the results of actual voting. However, a mandatory 15% threshold is required in order for a presidential contender to be allocated National Convention delegates at either the congressional district or statewide level. 33 district delegates are to be allocated proportionally to presidential contenders based on the primary results in each of the State’s 7 congressional districts.

Further, 18 delegates are to be allocated to presidential contenders based on the primary vote statewide.

[ssbp]

2016 South Carolina Democratic Primary 57 Delegates: Allocated Proportionately

2016 New Hampshire Democratic Primary

32 Delegates: Allocated Proportionately (February 9, 2015)

(Please Note: Total delegates include 24 soft pledged and 8 soft unpledged “superdelegates”)

[election_2016_polls]


Polling Data

[wpdatatable id=11]


Above is table listing the latest 2016 New Hampshire Democratic primary polls and aggregate PPD polling average for the first in the nation primary. There are 24 delegates up for grabs in the New Hampshire Democratic primary on Tuesday February 9, 2016, which are to be allocated proportionately.

There are another 8 “superdelegates,” or Party Leaders and Elected Officials (PLEO), who will go to the Democratic National Convention officially “Unpledged,” including 5 Democratic National Committee members, 2 members of Congress (1 senator and 1 representative), and 1 representing the Granite State governor.

[ssbp]

2016 New Hampshire Democratic Primary 32 Delegates: Allocated

2016 Iowa Democratic Caucus

54 Delegates: Allocated Proportionately (February 1, 2016)

(Please Note: Total delegates include 46 soft pledged and 8 soft unpledged “superdelegates.” Read below table for more on allocation.)

[election_2016_polls]


Polling Data

[wpdatatable id=10]


Above is table listing the latest 2016 Iowa Democratic Caucus polls and aggregate PPD polling average for the first in the nation caucus. There are 46 delegates up for grabs in the Iowa Democratic caucus on Tuesday March 15, 2016, which are to be allocated proportionately. There are another 8 “superdelegates,” or Party Leaders and Elected Officials (PLEO), who will go to the Democratic National Convention officially “Unpledged,” including 7 Democratic National Committee members and 1 member of Congress (0 senator and 1 representatives).

At each caucus, each presidential contender who fails to get at least 15 percent support among the participants in the initial balloting after a period of discussion will be considered “non-viable” and all supporters of such “non-viable” presidential contenders will then be required to join in the support of presidential contenders who have remained “viable”.

Example (H/T: The Green Papers). 57 people attend a caucus electing 3 delegates. The viability is 1/6th of 57 = 9.5 rounded which is 10. Say 29 people support candidate A, 19 support candidate B, and 9 support candidate C. Candidates A and B are viable since they have support of 10 or more of the attendees. Because candidate C did not receive the support of 10 attendees, those supporting candidate C must realign to another candidate. At this point, the attendees realign themselves so 34 support candidate A and 23 support candidate B.

[ssbp]

2016 Iowa Democratic Caucus 54 Delegates: Allocated Proportionately (February 1,

john-kerry-bicycle-ap-740x400

FILE PHOTO – In this March 16, 2015 file picture, U.S. Secretary of State John Kerry, rides a bike after a bilateral meeting with Iranian Foreign Minister in Lausanne, Switzerland. Kerry is in stable condition in a Swiss hospital after suffering a leg injury in a bike crash on Sunday, May 31, 2015. (Photo: Jean-Christophe Bott, Keystone via AP, file)

U.S. Secretary of State John Kerry broke his leg in a bicycle accident Sunday after hitting a curb, and will cut short a four-nation trip that included an international conference on combating the Islamic State (ISIS) terror army.

Kerry, 71, is in stable condition but will return to Boston for further treatment, nonetheless. The consultation will be given by the same doctor who operated on his hip, according to U.S. State Department spokesman John Kirby. He said X-rays at a Swiss hospital confirmed that Kerry fractured his right femur.

“The secretary is stable and never lost consciousness, his injury is not life-threatening and he is expected to make a full recovery,” Kirby said in a statement.

Kerry, who was accompanied by Haute Savoie officials, was transported via helicopter to Geneva’s main medical center, HUG, after the accident. It occurred near Scionzier, France, located roughly 40 kilometers southeast of the Swiss border.

According to the State Department spokesman, paramedics and a physicians on the scene decided the 10-minute-long helicopter transport was necessary. A local newspaper, the Dauphine Libere, reported that Kerry fell near the beginning of his ride to the famed mountain pass known as the Col de la Colombiere, which was the chosen route for the Tour de France over a dozen times.

Kerry had been in Geneva for six hours of meetings with Iranian Foreign Minister Mohammad Javad Zarif on Saturday to further hatch out the details of a comprehensive nuclear deal by the June 30 deadline. Of course, deadlines for the simple framework deal were missed multiple times without consequence. Now, there is already talk that the injury could further delay diplomatic talks with Iran, as well as a trip to the U.S. Embassy in Cuba for a flag-raising ceremony.

Though Kerry had planned to travel to Madrid on Sunday for meetings with Spain’s king and prime minister, followed by two days in Paris for an international gathering to combat ISIS, he will only attend the Paris conference remotely.

According to local media, a Twitter feed covering driving conditions warned of dangerous gravel along the pass right around the time of his fall.

[caption id="attachment_25733" align="aligncenter" width="740"] FILE PHOTO -

Initialize ads

Pat Buchanan, Eleanor Clift, Mortimer Zuckermann and Tom Rogan discuss controversy over Mohammed cartoon contests involving activist Pamela Geller.

In later segments, the panelists discuss making college affordable, President Obama and First Lady Michelle Obama’s future after the White House and Hillary Clinton’s 2016 presidential campaign.

The McLaughlin Group panelists Pat Buchanan, Eleanor

People's Pundit Daily
You have %%pigeonMeterAvailable%% free %%pigeonCopyPage%% remaining this month. Get unlimited access and support reader-funded, independent data journalism.

Start a 14-day free trial now. Pay later!

Start Trial