Home
In this issue
April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Nov. 26, 2012/ 12 Kislev 5773

Crashing Resolve and American Dream

By Charles Payne








http://www.JewishWorldReview.com | Let's go out there like a bunch of crazed dogs and have some fun.
Lawrence Taylor

Don't get me wrong, the Fiscal Cliff, followed by implementation of Obamacare taxes and rules, and then later, in the year, another debt ceiling debate is dangerous as hell for the economy and stock market. But, there is also a new danger that will run amok on both in a designed plan to wreck the joint.

Senator Elizabeth Warren

Over the weekend, I was honored to speak at David Horowitz "Restoration Weekend" conference in West Palm Beach. I discussed many things including my plea to conservatives to wake up about a real grass roots effort to win the vote. I also met so many wonderful people all desiring to save the greatest nation in the world.

There were a ton of varying opinions.

The Stock Environmentalists Hate but Even Lawless EPA Can't Stop

Lots of smart people talking about getting out the base, the "deep bench" and how it will all work out after the economy collapses just seemed to miss the simplest point of the election. People don't vote for you if they think you don't like them. The greatest evidence of this was the Asian vote. When my panel session, with Steve Moore of the Wall Street Journal, is posted on their site, we'll provide a link.

During our panel, I used an analogy of the wedge breaker in football. Although professional football is so evolved there isn't the same need for such a player as just a few years ago, the fact of the matter is, it's the current role of Elizabeth Warren in Washington. A few years ago, Joe Tafoya of the Seattle Seahawks was considered the best in that role on kickoffs, and he was described by a local magazine as long on grit and short on glamour. Hate her or love her, Warren is long on grit and short on glamour and ready to wreck anything that generates profits.

In a piece on the Huffpost, she said her first task is to wreck the ability of Congress to filibuster. I'm sure she cries with joy every time she watches Jimmy Stewart in "Mr. Smith Goes to Washington," but now, the time-honored filibuster has to go so democrats can ram policies even easier than in the past four years. But, this is just a warm up act. Wait until she goes after everyone that "didn't build it" from the mom-pa hardware store owners to self-made business icons like Steve Wynn and Sandy Adelson.

The wedge breaking in football doesn't care about making the tackle, his only task is to disrupt. He hits a wall of blockers at breakneck speed and without regard to his own body and health. In Ms. Warren's case, she will run head long into any blocking of free enterprise, and the Constitution, without regard to health of the nation or economy. The fiscal cliff is a problem largely because it focused on raising taxes rather than spending cuts. However, once we get a deal, the larger problem will be the manhandling of the American Dream lead by an unglamorous Senator from Massachusetts.

Yesterday, the Wall Street Journal pointed out the dramatic decline in business spending and investment which has been happening for some time now. It's not just the fiscal cliff; it's the browbeating, regulations and threats. It doesn't stop, but the flow of cash does. Hiring slows and investments are made outside the United States. Plus people stop spending, especially those in the cross hairs of tax hikes. According to Gallup, people have already begun to spend less in a survey that measures self-reported spending "yesterday."



Housing Report

Housing data came in better-than-expected although no great shakes.

Permits 866,000 from 890,000 prior month but above consensus estimate of 840,000
Starts 894,000 from 863,000 prior month and above consensus estimate of 870,000

Not sure how much the news moves the needle equity futures haven't budged since the release.

Typical midweek angst is creeping into the market earlier this week because of the holiday. It felt like yesterday's session was more an ode to pleasantries from Sunday morning talk shows. There's no doubt the market has been trying to force Washington's hand and that happens with carrot and the stick- but mostly the stick.

But the market may have to go into full meltdown mode to get the attention of lawmakers. Consider France lost its AAA rating after the bell last night and didn't cause the ripple of dragonfly fly wings over and idyllic lake.


Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.



Comment by clicking here.

Charles V. Payne is a regular contributor to the Fox Business and Fox News Networks. He is also the Chief Executive Officer and Principle Analyst of Wall Street Strategies, Inc. (WSSI), founded in 1991 which provides subscription analytical services to both individual and institutional investors.


Previously:


11/19/12 Beware of gifts and grand bargains




© 2012, Charles V. Payne

Columnists

Toons

Lifestyles