Wednesday, November 30, 2016
Monday, November 28, 2016
Hampshire College Flagpole - Empty
Sunday, November 27, 2016
Joe Scarborough on Morning Joe. MSNBC
Published on Nov 9, 2016
Top Talkers: Donald Trump has been elected United States president, and the Morning Joe panel considers the polling data and the shock Trump's win is to both parties in Washington.
Saturday, November 26, 2016
News slowly spreads across Havana...
Symbol of an era...
'Ideas of Cuban communists will remain'...
DEFIED USA FOR 50 YEARS...
'638 assassination attempts'...
Pope grieves, prays for atheist revolutionary...
Journalists Hail Achievements, 'George Washington,' 'Folk Hero'...
Trump says he will do all he can to help Cuban people...
Thursday, November 24, 2016
Don't miss this chance to own a piece of history. It will make a great Christmas gift for family and friends!
Wednesday, November 23, 2016
- State governors
- State legistlatures
- Selection of the Supreme Court justices
- Repatriation of $2.4 trillion of US overseas profits. Policies will be put in motion to bring back overseas profits at a lower more acceptable tax rate while directing the reinvestment towards domestic investment. This one-time windfall will open the door to new domestic investments and job creation.
- Renewal in domestic infrastructure investment. While there is low expectation that the wall between the US and Mexican border will be built, preliminary discussion with Congress on both sides of the aisle call for significant investment in highways, airports, schools, military, and veteran's healthcare. Keep in mind Mexico has already built a wall on their southern border to keep the Central Americans out. This outlook will mostly likely prove to be the first bi-partisan act to pass congress in the first 100 days of a Trump presidency. Trump is also expected to improve investment conditions in the inner cities in order to improve opportunities to renew the urban cores through education and job training.
- Renegotiation of bad trade deals. Trump clearly stated he wanted an America First trade policy. Expect the Trump administration to put the top trade negotiators on deals to move from lose-win to win-win deals. The goal is to represent the average American and not negotiate one sided deals that negatively handicap US competitiveness. The Transpacific Pacific Partnership (TPP) will most likely be renegotiated or dead on arrival in current form. NAFTA will be updated to address the China loophole. The US will most likely lend assistance and leverage with Britain in EU Brexit negotiations. The US will be aggressive in enforcing trade imbalances and currency manipulations.
- Reduction in outsourcing but increase in near sourcing. Expect the America first approach to impact services as well as manufacturing. While overall outsourcing is flat or down, near-sourcing and the growth of local presence in US operations by Indian IT services firms has grown. Given many Indian IT companies have a significant US presence and employment in the US, this should not have as severe impact as originally feared. Overseas firms can increase their US presence in order to hedge their risks.
- Revaluation of the H-1B process delinked from immigration policy. There will probably be a relook at comprehensive immigration but the reform needed in H1-B comes from a shortage in more visas. Unfortunately, there is a common perception that US technology companies have abused the process in order to find labor arbitrage for talent, so this portion may receive more scrutiny.
- Return to lower tax rates. Corporate tax rates will drop to 15 to 20%. Personal income tax rates will collapse into 3 brackets of 12%, 25%, and 33%. Itemized deductions would be capped at $200,000. Dropping tax rates should encourage more direct foreign investment and stem the move of factories and corporate inversions. Moreover, simplification of the personal income tax and removal of the AHCA provision should free up consumer spending.
- Shift from activist judges to strict constitutionists. The key trait is a shift from appointing liberal activist judges who failed to uphold the Constitution to appointing more Constitutional traditionalists who take strict interpretations of the Constitution. The correct solution is to update the Constitution however, both sides benefit from a war rather than a solution.
- Enforce the rule of law. Recent attacks on law enforcement and the failure of mayors and other executive branch leaders to enforce the law as written have created a dangerous climate as race relations have deteriorated. Expect a swift move to eliminate funding to Mayors who support sanctuary cities, greater support for law enforcement at the expense of some personal freedoms, and a championing of those in blue. Expect cities such as Chicago with an increasing murder rate to receive more attention to bring back law and order and respect for police authority while involving the community in policing itself. Cop killing is not acceptable by anyone. And yes, all lives must be addressed fairly. Police corruption will also be addressed in a similar manner of how the NYPD transformed itself.
- Battle on Illegal versus legal immigration. The media misconception of immigrant bashing by the Republicans is far from the truth. The battle is against illegal immigration. Both parties are in favor of legal immigration. Illegal immigration is the equivalent of cutting in front of a very long line and set of requirements that legal immigrants follow. For those seeking to flee the US for Canada, a close look at Canada's requirements shows a very exhaustive set of requirements that are both demand and economically based along with the usual asylum provisions. Trump is not against immigration. He wants to improve the value of immigration by uprooting illegal immigration. Should moderate forces influence him, a path to citizenship and guest worker visa expansion will most likely emerge as proposals.
- Repeal and replacement of ObamaCare. ObamaCare or the Affordable Healthcare Act has led to a very expensive expansion of coverage at an unsustainable cost. Replacement for Obamacare will most likely address provisions such as coverage of pre-conditions, under 26 dependent care, and competition across state lines.