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There is a very real chance that New York State may split from New York City.
The Washington Post reports that secessionists have been working behind the scenes in New York to split the state into two, or possibly even three different regions. The hope is to help out the state’s struggling economy.
Many residents in the Hudson Valley and upstate regions claim high taxes and tough regulations have been harmful to business. Some also believe that New York City’s liberal views don’t reflect those of the rest of the state. While the idea of breaking up the state isn’t new, the fact that it could actually happen is something that is getting people to take the idea more seriously.
The way the split might happen is if voters choose to hold a constitutional convention. The state allows a convention to be held every 20 years, and the next one would be eligible in 2019.
Full article: New Yorkers May Vote to Split State Away from New York City
Again, not something I’d hold my breath over. California has been threatening the same kind of thing for a long time, and it keeps reaching the news, sounding like it might go somewhere, and then suddenly drops from the news completely.
Photo by Drew Angerer/Getty Images
Congressman Thomas Massie has put forth a bill to conduct a congressional audit of the Federal Reserve’s monetary policy. On Tuesday, it was approved by the House Committee on Oversight and Government Reform after less than half an hour of debate.
Good on them.
Massie’s bill would provide needed transparency to an institution that’s long been shrouded in mystery. The Federal Reserve implements monetary policy and interest rates, but for decades it has kept much of its operational policies secret. While the Fed is subject to GAO audits, it refuses to disclose the inner workings of its financial and monetary policies, publishing transcripts of policy meetings only after five years.
Full article: Thomas Massie has introduced a bill to audit the Fed, and it has a real chance of passing | Rare
I’m still not going to hold my breath.
With Thursday’s final revision of fourth-quarter GDP growth to 2.1 percent from its previous 1.9 percent level, President Obama is the only president since Herbert Hoover to not have guided the US economy to 3 percent growth in any year he was in office.
The US economy grew 1.6 percent in 2016 from the previous years, according to the Commerce Department, which tracks GDP.
Obama’s best year, as far as growing the economy, was 2015 when it grew 2.6 percent from 2014 — after growing 2.4 percent that year from 2013.
Full article: GDP growth under Obama was worst in decades | New York Post
California is a fiscal hole again. A deep fiscal hole, like $1.6 billion deep, warns Gov. Jerry Brown as introduced the state budget. That means more cuts in services, benefits, infrastructure repairs, education budgets, and general bad news for Californians.
But one group of California residents seems likely to be spared the pain of the state’s fiscal crisis: The ones who earned their special place in the hearts of California lawmakers by violating U.S. immigration laws. Even with a $1.6 billion deficit looming (and politicians often lowball bad budget numbers), two of the first bills likely to be taken up by the Legislature are Senate Bill 6 and Assembly Bill 3.
Full article: Jerry Brown Braces California for a $1.6 Billion Deficit as the State Considers Legal Defense Fund for Illegal Aliens
“We didn’t cut a deal with Trump. We did it for our business,” Fields told CNN, noting that his company had conversations on Tuesday with Trump and Vice President-elect Mike Pence. Trump and Pence will officially be sworn in on Jan. 20.
Fields said his company’s decision to create jobs in America rather than in Mexico is a “vote of confidence” in Trump’s incoming administration and the pro-business environment it will create.
The investment, CNN reports, will be at the plant in Flat Rock, Michigan, and will aim “to produce more electric and self-driving cars” since “Ford believes electric vehicles will outsell gasoline-powered vehicles within the next 15 years.”
Trump’s success in keeping Ford jobs here is winning praise even from labor unions.
“I am thrilled that we have been able to secure additional UAW-Ford jobs for American workers,” Jimmy Settles, the UAW’s vice president, said.
CNN notes that Ford’s decision to keep the jobs here in the U.S. rather than shipping them overseas to Mexico—as it announced early in 2016—is a “major U-Turn” for the auto manufacturer.
Full article: Ford to Build in America, Cancel Mexico Expansion Plans as ‘Vote of Confidence’ in Donald Trump – Breitbart
More: Ford CEO Mark Fields: Trump’s ‘Pro-Growth Policies’ Influenced Company’s Decision To Cancel Plans For $1.6 Billion Plant In Mexico
Yes, the narrative of the “new normal” has been around for so long now that many people have simply grown used to it. The assumption is that the fiscal “new normal” has become the fiscal “normal,” and though the fundamentals continue to strain under the weight of poor global demand and historic debt levitated by extraneous fiat stimulus, the masses feel far less fear than is warranted. Hey, why should they? We’ve managed around eight years skating on thin ice, why shouldn’t we expect eight more years of the same?
The banking elites have done the job they set out to do, which was to drive the economy to the very edge of the financial cliff, and then keep it suspended there until the general public became comfortable living next door to the abyss.
Why do this? Well, the greater dynamic at play here is something the average person will not understand or refuses to examine — economics today is about mass psychology. The economy is a tool, or a weapon, by which international financiers can influence the public mind and the emotions of the mob. In order to grasp the mechanics of economics it is not enough to deal in statistics and trade principles; one must also grasp human behavior and how it is manipulated. One must acknowledge that in economics we witness the transmutation of societies by word and by force, by chaos and by order. Economics is alchemy.
The globalists (in their twisted view) seek to change lead into gold, and just as in alchemy, these elements are a metaphor for psychological evolution. For the globalists, social engineering is a form of witchcraft; they see it as creation, or a grand form of architecture.
But it is not creation. The globalists are incapable of such art because true art requires wisdom and empathy. All they know is how to deconstruct existing systems generated by nature and free men and rearrange the left over pieces into something more oppressive and ultimately less interesting than what existed before. Give the internationalists a Mona Lisa and they will shred it, reconstitute it and regurgitate a paint by numbers coloring book.
The globalists only know how to turn gold into lead.
Full article: The false economic recovery narrative will die in 2017 – Personal Liberty®