We’ll Know Soon Enough

Yesterday was historic for this fractured country.

The Big 10, founded in 1896, has never postponed or canceled an entire football season. Its schools have played through two world wars and the 1918 flu pandemic.  But, the Big 10 Conference won’t be kicking off this fall for the first time ever.

For the first time ever, a woman who identifies as African American (her father is Jamaican born and her mother is Indian born) accepted the offer to be the VP running mate for the presumptive Democrat candidate for President, Joe Biden.

Oh, and the PAC 12, with four of its teams from California, which is the home of Senator Kamala Harris, opted out as well.

What do these decisions have in common?  Maybe nothing.  Or, maybe they reflect the mood of the nation.  If so, Donald Trump’s future as our President is in trouble.  But, it seems, isn’t it always?

Biden said during the debates that if he were nominated he would select a woman as his VP choice.  He one-upped that along the way saying he would select a black woman.  Voila!

So Black Lives Matter to him.  Or, at the very least, black votes matter to him.  Or, the female vote matters to him.   Or, Ms. Harris is the best-qualified candidate to lead our nation should something happen to 76-year-old Sleepy Joe along the way.  Maybe it already has.

As for the Big 10 and PAC 12, young lives must matter to them.  Or, avoiding litigation matters to them.  What happened to “follow the science?”  It will tell you that student-athletes are safest while being isolated on campus and the practice field.

Biden delayed his decision time and again.  The conferences delayed their fall season, then yesterday postponed it until the spring.

Did they all make good decisions?  By November 3rd of 2020, the most challenging year of the 21st century, we’ll know.

If the SEC, Big 12, and ACC have successful seasons, measured by health, fan perception, and TV ratings, the Big 10 and PAC 12 will surely regret their choice.  For now, that choice is perceived by some as the right one and the safe one.

Is the choice of Harris, perceived by some as a safe one given the mood of the nation, the right one?

One dissenter voiced his opinion yesterday.

President Donald Trump’s campaign swiftly responded to Biden’s selection of Harris, branding the pair: “Slow Joe and Phony Kamala.”

“Kamala Harris ran for president by rushing to the radical left, embracing Bernie’s plan for socialized medicine, calling for trillions in new taxes, attacking Joe Biden for racist policies,” the Trump campaign said in a video tweeted by President Trump. “They smartly spotted a phony — but not Joe Biden. He’s not that smart,” the ad continues, before adding Biden “is handing over the reins to Kamala” if the two win in November.

A reduced number of teams NCAA football season kicks off next month.  We think.

The political football is always getting kicked around.  We know.

And we will know if the right decisions were made soon enough.

 

 

 

Impossible Is Nothing

Over 25 years ago a very famous man very nearly severed his ex-wife’s head from her body while savagely killing her, killed a man who was in the wrong place at the wrong time while he was there, and left an unmistakable trail of his own incriminating blood at the crime scene all the way back to his residence.

Can you imagine getting a jury of 12 of your peers that would unanimously agree that, upon further review, you were innocent?  “Only in America,” Don King would have said.  “Only in Los Angeles,” former NFL great Orenthal James Simpson said.

It’s also been said by many on many occasions that his innocence was payback to a police force and a city (supposedly of angels) that used excessive force in subduing Rodney King after a prolonged car chase captured on camera.  “Enough of this police brutality,” they screamed.

Now, a quarter of a century later, L.A. is still determined to fix that problem.  The Los Angeles County Board of Supervisors approved a proposal by a 4-1 vote on Tuesday to amend the city’s charter to remove $880 million from law enforcement and “reinvest” the money in “direct community investment” and “alternatives to incarceration.”   Minneapolis has more in common with LA than sharing the Lakers it seems.

Like the jury vote to acquit, the general population will have their say on the proposal on November 3rd.

Titled, “Reimagining L.A. County: Shifting Budget Priorities to Revitalize Under-resourced and Low-income Communities,” the proposal includes language frequently used by Democrat politicians and the broader left. It alleges the existence of “systemic discrimination, exclusion, and inequity” targeting blacks and yielding “racial injustice” and “racial inequity.”

The $880 million is 10% of the current law enforcement budget.  It would “strictly prohibit any of these funds to be used in law enforcement.  Rather it would provide  “access to capital for small minority-owned businesses, with a focus on Black-owned businesses.” It also prescribes the use of “community-based restorative justice” among its “alternatives to incarceration.”

Usually, when big government has identified a problem, they want to throw more money at it as a solution.  In this instance they are taking it away.  But, in this instance, they are also throwing it, just in a different direction.  Don’t cut taxes, just spend it differently.

Are fewer cops, or less well-paid cops a better idea?  Or would the same amount of them, but better trained, supervised, and evaluated be a better idea?

Or, is community-based restorative justice be a better idea than incarceration?  What does community-based restorative justice mean anyway?  Is there a social worker who can work with us on this explanation?

And what is this “access to capital for small minority-owned businesses, with a focus on Black-owned businesses?”   Does this sound like a hand up or a handout?  And, is there a direct correlation between more money government money for minority businesses and less crime?  Is there a social worker who, hell, nevermind.

The city that has run away from supporting NFL franchises faster than OJ, finger cut and all, exited 875 South Bundy Rd.  It will now try to support minority businesses while defunding the police.  Or, will it?

Will 51% of the city’s registered voters will go for this?

Would you have thought that 12 jurors would agree after a mere four hours of deliberation that OJ would benefit from “alternatives to incarceration?”  Alternatives might have helped Rodney King as well.  He was arrested and jailed at least 12 additional times after the 1991 incident.

In 2020 nothing is impossible.  Or, given the state of the times, should we say “impossible is nothing?”

 

Lights. Camera. Action!

It takes one to know one they say.

You know who James Woods is, don’t you?  He’s an accomplished actor.  You know who Donald Trump is, don’t you?  He’s an accomplished actor, too.

Woods played the character “Sully” on Ray Donovan.  Sully was #1 on the FBI’s ten most wanted list.  Trump’s been in a very similar role for four years himself.

Yesterday, Woods tweeted the perfect line to capture the video he embedded in his tweet.  He wrote, “the moment a largemouth bass takes the bait.”  The video was a 1:48 rant by Senate Minority Leader Chuck Schumer.  In it, Schumer admonished President Trump for suggesting that the November 3rd election be postponed as we combat the coronavirus.  He told Trump and fellow Senate Republicans that they should stop deflecting and go solve all of the nation’s ills, not the least of which is the one we cannot see.  He bellowed that the election would indeed take place as scheduled.

If there was a director he (or she) would have said, “cut, that’s a take.  let’s wrap it up.”  Trump acted and everyone watched, listened, and roared.  Trump doesn’t want the election postponed.  He had everyone make his intended point that if you can vote on 11/3 when the second wave (whatever that means considering we just had one) might be lurking you can go back to work and school today.

Twitter has put Woods in time out a time or three. He’s too outspoken and too right-leaning for their taste, not in that order.  Kamala Harris, a fine actor in her own macabre theatre, called for Trump to banned from Twitter as well.  The best guess VP nominee of the presumptive Democratic nominee for President knows how to put on a show as well.

We need to postpone in the classroom school, sports, dining out, and work for now.  Physical sickness and fiscal mayhem makes for an angry voter.  Come November 3rd, we all need to line up and vote.  We need to stay at home now unless we need to peacefully protest.  Stay off of the beaches too, dammit!   We need to stay out of church unless we need to honor the heroes of our time.  George Floyd and Rep. John Lewis are two that come to mind.

Come to think of it, why do we even need to vote?  The polls show Biden leading by so much, we could all stay safe by staying home.

Then it could be the Joe Biden Show.  He’s been rehearsing in his basement tirelessly for just this moment.  He could act like he was the President all the while suffering from rapidly advancing dementia.  Now that would be some fine acting!

Lights.  Camera.  Action!

 

 

And the Winner Is?

We have interesting developments to share as the “peaceful” protesters continue defacing buildings, looting, committing bodily assaults, and toppling statues.  President Trump has sent in the “federal police.”  Except that isn’t the development of interest.

The Democrat mayors of 15 cities across the United States have signed a letter asking Attorney General William Barr and Acting Secretary of the Department of Homeland Security Chad Wolf to remove or not send federal law enforcement officers to their municipalities, calling the deployments an “abuse of power.”  Except that isn’t the interesting development either.  For now, the deployment is limited to the most unruly of all-Portland.

In the countdown of most interesting, the action of Chicago Mayor Lori Lightfoot finishes a strong third.  “I’m calling on all Chicagoans that if you see something that doesn’t look right, please, don’t hesitate to report it,” Lightfoot said during a press conference. “We are going to remain diligent.”

Finally, she is urging residents to take action to take back their beloved city from its year’s long violent crime wave.  Isn’t she?  Nope.  She continued,  “if we see any steps out of line, particularly with DHS or Border Patrol, we are not going to hesitate to take the president to court and stop any unconstitutional actions.”  Let the crime wave roll all the way to Waveland Ave.

Portland Mayor Ted Wheeler joined a violent demonstration in his city Wednesday night at which “protesters” threw flaming bags of garbage at a federal courthouse.  He also was jeered by the crowd before being tear-gassed by federal officers.  How woke is Wheeler?  In one day’s time he marched with the offenders and got mocked by them.  Then he got gassed by the federal officers he had signed a letter against earlier in the day.  His wokeness finished a close second.

But the hands-down winner is Hiden Joe Biden’s hot take.  Wednesday during a remote union town hall meeting, the Democratic presidential nominee and former Vice President called President Trump the country’s “first” racist president.  This should save the few statues that still stand that have George Washington or Thomas Jefferson atop the pedestal.  It seems like just days ago we were told they were racist.

All of the peaceful protesters are now free to go back home to mama’s basement, but we digress.

Long live Mt. Rushmore too?

 

The Golden Rulers

What do Ghislaine Maxwell and Tucker Carlson have in common?  On so many levels they have nothing in common.

Maxwell is the disgraced, and now arrested and held without bail, former girlfriend of the now-deceased Jeffery Epstein.  She procured many of the underage girls that pedophile Epstein used to his personal advantage or used to gain an advantage over some very noteworthy global figures.

Carlson is a revered conservative voice and stars nightly in the prestigious 9 PM EST slot for Fox News.  His show is the most-watched cable news broadcast every night, and has become must-see TV for the righteous right.  Carlson’s TV work is darn near the level of Rush Limbaugh’s radio work.

But on one very important level they have something in common.  And, it’s a simple one.  They both now have great fear for their personal safety.  And, that fear emanates from the same source.  Some very powerful people want them gone.

Maxwell sits in a cell and hopes to be able to tell her side when her day in court comes.  She very much believes that Epstein’s death in a similar NY jail was no accident.   She brought 99% of this upon herself.  You swim with the sharks, you get eaten.  When you have the “goods” on the Royal Family of England, on the royal want to be William Jefferson Clinton family, and who knows who else, you’ve got a target on your orange prison uniform.  The sooner they silence her, the better.

Carlson was going about his business of calling out every injustice he sees in this rapidly evolving US political landscape.  He very much believes that the New York Times was very soon going to publish a story about a whole lot of nothing that would have included the physical address of his family’s place of residence. He brought none of this upon himself if you still believe in free speech.  But, if you deliver the “goods” nightly to the opposition of the opposition’s Movement, you’ve got a target on your fine silk suit, crisp white straight collar shirt, and woven repp tie.  The sooner they silence him, the better.

For Maxwell the problem is that they don’t want to get exposed for being exposed.   For Carlson the problem is that they don’t want him exposing their ulterior motives.

And, this is where we are in America today.  It’s the golden rule.  He who has the gold ultimately makes the real rules.

The rich and the powerful play in their own sandbox.  Maybe they always have.

It just feels like America is extra dirty right now.  You know how that sand can get caught up in all of those untoward places.  It could use a bar of soap and a warm shower.

And, soon.

 

Nasdaq Steals The Show

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Friends

Despite more encouraging news on the vaccine front, stocks were struggling through the early part of the trading session. But, as the day wore on, the bulls got a little more interested and by the close stocks had posted decent gains. The big move was in the big growth names which had been left behind last week. Back on top, were the usual suspects, Microsoft, Apple, Google, Tesla and Amazon, as they pushed the Nasdaq up nearly 3% at one point.

By the close, the Dow Jones Industrial Average was up 8 points to finish the day at 26,680. The S&P 500 was up 27 points to close at 3,251. Gold was up $8 to trade at $1,818 per ounce, while oil was up $.16 to trade at $40.75 per barrel WTI.

Earnings season swings into full gear this week and next, so we’ll be keeping an eye on what companies have to say about the coming months. This week we’ll hear from IBM, Coca-Cola, AT&T, Verizon, Intel, Union Pacific, Amazon, Microsoft, Tesla, Lockheed Martin, and the beleaguered Schlumberger- just to mention a few.  Stay tuned for a busy week. We’ll keep you up to date of all proceedings.

Have a nice evening everyone.

Jim

It Ain’t Over Till It’s Over.

It’s over!

A Quinnipiac Poll released Wednesday showed Joe Biden leading President Trump nationally by double-digits, widening his lead over the last month.

The former vice president leads Trump 52 percent to 37 percent.  That’s up from the eight-point lead he saw in the June 18 poll.

And, it gets worse for Trump when you look at the underlying responses.  Biden even overtook Trump according to respondents as best to handle the economy 50-45%.  And, that’s the best of the worst.  For handling a crisis it’s Biden 57-38.  For COVID-19 it’s 59-35.

And, the worst of the worst is when it comes to addressing racial inequality.  Biden gets the nod by a whopping 62-30.  Of course, he does.  Trump is a racist.  Everyone has been telling us that for four years and counting.

But, is it over?  Is the poll as accurate as the August Quinnipiac 2016 poll that showed Clinton dominating Trump by double-digits as well?  Trump hopes so.

“We are starting to hear the faint rumblings of a Hillary Clinton landslide as her 10-point lead is further proof that Donald Trump is in a downward spiral as the clock ticks,” Quinnipiac University Polling Analyst Tim Malloy said at the time.

Malloy still has a job with Quinnipiac.

Yesterday he said that the survey provided a “very unpleasant real-time look at what the future could be for President Trump.  There is no upside, no silver lining, no encouraging trend hidden somewhere in this survey for the president.”

If you take a deeper dive it turns out that Quinnipiac surveyed 1,273 self-identified registered voters across the country.  Republicans only made up 24 percent of the respondents.  Democrats were 34%.

He pondered in the late summer of 2016, “wow, is there any light at the end of this dark and depressing chapter in American politics?”  Given where we are in 2020, he at least was prescient on that one.

It’s Biden’s election to lose.  We heard the same about Hillary.  There are conventions (maybe virtual), debates(maybe very bad for Biden), stump speeches (where Biden always stumps himself), and the sheer rigor (Biden would be older entering the presidency than any other predecessor when they left it) of conventional state to state campaigning left.

Singer, not pollster, Lenny Kravitz might have it right.  It Ain’t Over Till It’s Over.

Pollster, not singer, Tim Malloy might have it wrong.

Again.

 

Two Wrongs Don’t Make a Right.

Two wrongs don’t make a right.

CNN’s Don Lemon called for former President Barrack Obama’s chiseled likeness to be added to Mount Rushmore last evening.  “I think, listen … if they are going to put someone on Mount Rushmore, considering the history of the country, the first black president should be front and center,”  he reasoned.

The anchor that he was handing off to, Chris Cuomo added,  “Add to Mount Rushmore. I think that’s first of all, it’s a more salable idea than the idea of taking away Founding Fathers.”

The exchange continued.   Lemon said, “So what’s wrong with all of us together thinking or reshaping our country so that more people rethink our country in the way we think and where priorities are so the country it belongs to everyone.”

Cuomo said, “Nothing is wrong with it.”

Except everything about the premise is wrong with it.  If statues of Washington, Jefferson, and Lincoln don’t deserve to be in town squares anymore, they why should they be on Mt. Rushmore?  If you can find a statue of Roosevelt let us know.  If Barrack Obama deserves to be on Mt Rushmore, start carving out the stone.

The conversations should be 100% independent of one another.

America strives for greatness.  America demands greatness.  America applauds greatness.  America builds libraries, museums, monuments, statues, and mountainside likenesses to honor distinguished men and women who helped America achieve its status as the envy (regardless of what some might want you to believe) of the world.  You might have heard that it is the “land of the free and the home of the brave.”

America got to where it is with little compromise. Why start now?

It’s easy to be average.  It’s hard to be excellent.

It’s great that America has now had a black president.  He was voted in as qualified by its citizens to lead us.   Soon enough it will likely have it’s first female president as well.  She will need to be deemed qualified to lead us as well.   May there be a day when these occurrences are commonplace.

But having a certain skin color or being a certain gender doesn’t make you great.  And being the first this or that doesn’t make you great either.  It just gets you noticed more than others.  Accomplishments and leadership of all of its people do.

So, did the four presidents accomplish enough for our country, in spite of any shortcomings, flaws, or mistakes along the way, to deserve to be forever admired in stone?  America said yes then.  Does it still say yes now?

Did Obama do the same?  America will, or will not, mull that over for years to come.

But don’t keep one(or four) up as a negotiation ploy to get another.

Can’t you just see Ronald Reagan shaking his head, coiffed hair and all?

The Silence Is Deafening

Monday afternoon’s BBR staff meeting provided a look back to give us a look at what might happen going forward.  One staff member told us his story about the 2012 and 2016 elections.

In early October 2012, he moved into his new (old) home.  Driving down the street in the UHaul he realized that 14 of 22 homes had Romney/Ryan yard signs.  One had an Obama sign.  It almost sounds like this neighborhood enjoys white privilege, but we digress.  Obama won.

In 2016 that same street had but one Trump/Pence sign.  Just one.  One neighbor had a Hillary/Kaine sign.  Just one.  Trump won.  Did the silent majority speak back then?  We don’t know because they are silent.  But we have a hunch.

And now 2020 arrives at the doorsteps of this very same street and streets all across this fruited plain.  The fruited part is being bolstered by the “guerilla gardening” inside of the compound formerly known as CHAZ, but we digress.

What do you have to say silent majority?  Oops.  We forgot.  The silent majority doesn’t speak.  It watches and listens.  And we have another hunch or five to share.

Putting Russian collusion, impeachment, Covid-19 handling, lockdowns, and other attacks (from the right’s point of view) or deep concerns (from the left) aside do they see a picture being painted along the road to November 3rd, election day?

We submit they do.  And we submit that they have been watching all along and were listening and open to meaningful reforms as well.  In order to listen you have to be silent.

And, now, we surmise that the silent ones have stopped listening because The Movement won’t stop screaming long enough to listen.  And, it was going so well at first.  But, burning down cities aside, it’s now gone too far.  Arson wasn’t enough.  Looting wasn’t.  Beating innocent people wasn’t either.  Making death threats against Drew Brees and his family wasn’t enough.  The hell with free speech.   Coast to coast cries of “defund the police” wasn’t enough.

Even actual murder and attempted murder on the police that started weeks ago isn’t.  And, now you’ve armed yourself and taken over six square blocks of Seattle in this Summer of Love.  Now you’re the police.  Good luck.

Don’t use excessive force or maybe the silent majority will come and riot in your new city(named CHOP as of this AM).  Actually, they won’t.  They’ll just watch it self implode.  And self implode it will.  It’s only a matter of when.  Then, they’ll vote.

CNN had a weekend poll that showed Joe Biden had a 14 point lead on Donald Trump.  Didn’t Trump trail Clinton by 11% per the polls in 2016?  How did that turnout after the voters turned out?  Polls, schmolls.

The silent majority doesn’t speak to pollsters either.

But they’ve listened, learned, and likely become disgusted.  They’ll hit the voting booth in record numbers.

The election could be held today.  Is anyone in America undecided?

Stocks Collapse

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Friends

Well, it appears that the old worrier indeed had something to worry about. Stocks collapsed today, perhaps on fears that the Covid-19 pandemic still is anything but in the past, or as a continuation of yesterday’s concerns over Fed Chair Powell’s less than encouraging outlook of the economy. Now, remember, we have seen a two month advance in stocks that was reaching historic proportions, so to give some back is certainly not something that we normally would be concerned about. What does get our attention these days is the speed at which things happen. You know the old adage that the stock market takes the escalator up and then takes the elevator down. Many of the moves we’ve seen in 2020 have been breathtaking. Today’s was no exception.

By the close, the Dow Jones Industrial Average was down 1,861 points to finish the day at 25,128. The S&P 500 was down 188 points to close at 3,002. Gold was up $13 to trade at $1,734 per ounce, while oil was down $3.92 to trade at $35.68 per barrel WTI.

We had been chalking up one great week after another for stocks, but this week has certainly been a different story. Whether a little bit of economic reality has been introduced into the discussion or just a cooling off period, the pullback is not really unexpected. We had risen nearly 45% off the lows of March 23rd. Even the bulls would agree that would call for a little digestion before strapping on the feed bag again. Let’s catch our breath and see how the week finishes up tomorrow.

Have a nice evening everyone.

Jim