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Post by thelivyjr » Thu Sep 24, 2020 1:40 p


"Fed’s Bullard says U.S. economy within reach of full recovery this year"

By Greg Robb

Published: Sept. 24, 2020 at 2:29 p.m. ET

The U.S. economy is within reach of a nearly full recovery by the end of the year, said St. Louis Fed President James Bullard on Thursday.

The economy is expected to have rapid growth in the third quarter, reversing the steep decline in the April-June quarter when the pandemic shut down the economy.

Economists now expect strong growth in the July-September quarter.

If this continues in the fourth quarter, Bullard said the U.S. could return to the average level of national income, one way to measure the broader economy, in 2019.

For instance, if GDP grows at a 35% rate in the third quarter, it would need growth at a 10% rate in the final three months of the year to hit that level.

Such a forecast is “a little bit outside of what even the optimistic forecasters are saying but I wouldn’t put it out of the realm of possibility that you could have the fourth quarter GDP close to our average for 2019 and that would be a great outcome for the U.S. economy,” Bullard said in a speech to the Global Interdependence Center.

Economists surveyed by MarketWatch expect third quarter GDP will grow at a 25% annual rate as it snaps back from the worst of the shutdown, and they believe the fourth quarter will see growth at a slower 6% pace.

The economy plummeted by a record 31.7% rate in the April-June quarter.

The government won’t release the first estimate for third quarter growth until Oct. 29.

Bullard said the fact that hitting the 2019 average income level is a possibility “shows you how far we’ve come.”

He said a second wave of the pandemic was possible but that it shouldn’t dominate forecasts.

“What I’m kind of pushing gently back against in the forecasting community and maybe showing my colleagues, is that the baseline case is really that the private sector is adapting,” Bullard said.

He said he didn’t think the U.S. was “that far from having simple, easy, technological solutions” that could lead to a return to activity, pointing to advances in rapid testing.

The St. Louis Fed president cautioned that downside risks remain substantial and things could go wrong.

He said he wasn’t advocating a change in the Fed’s low-interest-rate policy and agreed with other Fed officials that the economy was still in a deep hole.

Earlier this week, Bullard said he didn’t think a new Congressional coronavirus relief package was as much of an “imperative” as it might have been in July or August.

“It seems like, at least in some broad macroeconomic type of calculation, we have enough resources to cover this,” Bullard told Bloomberg.

Many other Fed officials, including Fed Chairman Jerome Powell, have urged Congress to pass another spending package.

“I’m more optimistic than most,” Bullard said.

Another fiscal package might come early next year, he noted.

He said more congressional grants to small businesses hit hard by the pandemic might be a good idea.

During a discussion with reporters after his speech, Bullard said he thinks inflation might exceed the Fed’s 2% target next year.

“This is not an economy that’s designed to grow at a 30% rate...and you would expect to see certain kinds of supply constraints,” Bullard said.

This will put upward pressure on prices.

Bullard’s forecast is well above his colleagues.

The median forecast of 17 Fed officials is for inflation not to hit 2% until 2023.

The Fed would like to see the return of higher inflation.

They are more worried now about the persistence of low inflation, which saps energy from the economy.

Stocks, which have been volatile this week, moved higher in afternoon trading, with the Dow Jones Industrial Average up 232 points.

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Post by thelivyjr » Fri Sep 25, 2020 1:40 p

THE CAPE CHARLES MIRROR September 24, 2020 at 8:55 pm

Paul Plante says:

So, with the above background established for the record on what it is to be a “trained Marxist” in America today, which is to say they who make the admission admit to being no more than a trained dog or a trained seal or a parrot spouting ignorance; someone, regardless of skin color, who admits to being unable to think for themselves and is making a public admission that they are an idiot who has embraced ignorance, because in the end, one can come to no other conclusion than that Marxists embrace stupidity, that established background in turn takes us to an Albany, New York Times Union story entitled “As statues tumble, relatives of Gen. Philip Schuyler ask for pause” by Brendan J. Lyons on July 5, 2020, where we find ourselves presented with the following, to wit:

Although (Kathy) Sheehan has been mayor of the city (Albany) since 2014, the recent protests in Albany and across the country in the wake of the killing of George Floyd by a Minneapolis police officer prompted her call for the statue’s removal at a time she believes everyone should embrace the Black Lives Matter movement.

While a few leaders of Black Lives Movement groups have promoted violence, or have a history of violence themselves, the mayor said it is time for the nation to embrace that cause.

end quotes

And what is the cause mayor Kathy, the Democrat mayor of Albany, New York wants us to embrace?

It is stated thusly by BLACK LIVES MATTER, to wit:

We disrupt the Western-prescribed nuclear family structure requirement by supporting each other as extended families and “villages” that collectively care for one another, especially our children, to the degree that mothers, parents, and children are comfortable.

end quotes

Straight out of the mouth of Karl Marx himself, as we can see from the article “MARX, ENGELS, AND THE ABOLITION OF THE FAMILY” by Richard Weikart, Department of History, California State University, Stanislaus, Turlock, CA 95382, U.S.A. in History of European Ideas, Vol. 18, No. 5, pp. 657-672, 1994, Elseyier Science Ltd, Printed in Great Britain, to wit:

“It is a peculiar fact,” stated Engels a few months after Marx died, “that with every great revolutionary movement the question of ‘free love’ comes to the foreground.”

By the mid-to late-nineteenth century it was clear to advocates and opponents alike that many socialists shared a propensity to reject the institution of the family in favour of ‘free love’, if not in practice, at least as an ideal.

end quotes

Said any other way, people, when we finally rid ourselves of this outmoded idea of the Western-prescribed nuclear family, we can be as promiscuous as we please, with absolutely no consequences whatsoever.

Think about how great that will be when BLACK LIVES MATTER finally gets it way and the stable nuclear family is finally gone and we all go back in time to a primitive stage of either savagery or barbarism where there is no longer a “state” to enforce “laws,” because we won’t need them, nor laws, themselves, for that matter.

And what will that future Kathy Sheehan of Albany wants us to embrace look like, one might ask?

For that answer, I would simply refer them to a news story in the Albany, New York Times Union entitled “War on Albany gangs ends with 55 convictions – Albany violence targeted under effort coordinated by Justice Department” by Brendan J. Lyons, Senior writer, on Jan. 9, 2011, where we have as follows as to what our future will look like when we all finally give up our resistance to the BLACK LIVES MATTER political agenda, which resistance is in the end futile anyway, and embrace the movement and voluntarily dismantle our stable nuclear families and give over our children and grand-children to be “communally raised” by BLACK LIVES MATTER, as they see fit, to wit:

ALBANY — It was late September 2006.

The city of Albany was being ripped by gun violence.

end quotes

And it is now late September 2020 and city of Albany is still being ripped by gun violence, but anymore, who is counting and who even pays attention, anymore?

Getting back to that story from 2011, in the light of another Times Union story entitled “Albany nears 100 people being hit by bullets in 2020 – Four people shot Saturday night in continuing plague of violence” by Massarah Mikati, the Times Union Staff writer who covers communities of color for the Times Union, on Aug. 9, 2020 where we were told it was just before 8 p.m. Saturday when the sound of gunshots split the air in West Hill at least 20 times in a row and four people were shot with one of them, an 18-year-old, dying, we have:

Since that July, nine people had been shot on city streets.

Taron Robinson, a member of West Hill’s notorious Jungle Junkies street gang, was on the wrong side of town, staying in an apartment on Morton Avenue overlooking Lincoln Park.

He dialed Ernest Conley, who some regarded as a leader of the gang, and told him that a dozen “downtown boys” — members of the Jungle Junkies’ rival outfit from the South End, the Original Gangsta Killers — had gathered outside the apartment.

end quotes

And there we see ourselves going back to a modern-day version of Marx’s Stage 1 – Primitive Communism, when the most successful hunter gatherers gained power and control over the others leading to a modern-day version of Marx’s Stage 2 – Imperialism, when the strong man rules, owning all the land but when threatened by outsiders, granting land to others in return for military services, which takes us back to that story about our collective futures in the world of BLACK LIVES MATTER, to wit:

Conley asked Robinson if he had “that thing.”

He did.

“Clear ’em,” Conley told Robinson.

The OGK members scattered as Robinson stepped outside and fired his gun into the air.

No one was hurt.

In police reports it would go down as just another shooting linked to a years-long feud between the city’s two most violent gangs.

end quotes

In the world of BLACK LIVES MATTER that Democrat Kathy Sheehan of Albany wants us all to embrace, the tribe will replace the stable nuclear family, freeing us from the burden of actually having to waste time on raising children, because the tribe will do that for us, as we see from this very story, which continues as follows:

But this time there was something different.

When Conley spoke into his telephone the police were listening, recording his words.

end quotes

And in the brave new world yet to fully come, there will be no police to interfere in the tribal warfare, because there will be no “state” along with no stable nuclear families.

Won’t that be a good thing, knowing we no longer have to worry about the police sticking their pig snouts into our bidness?

With respect to that police interference, that story continues as follows:

A year earlier the U.S. Attorney’s office had stepped into the fray of Albany’s gang violence and helped organize a task force that would bring together the resources of the Albany police, DEA, FBI and the Bureau of Alcohol, Tobacco, Firearms & Explosives (ATF), among others.

Many of the gangs’ drug deals were being monitored.

The ATF built a database of the shootings using every shell casing and bullet recovered from crime scenes.

The guns, many of them stolen in other states, were connected to the gang members who used, sold or kept the weapons.

As the task force quietly built its cases, the Jungle Junkies and OGK continued their war seemingly unaware that their gunfire, drug deals and incriminating telephone calls were being rolled into the region’s largest prosecution ever under the Racketeer Influenced and Corrupt Organizations Act (RICO).

The investigation, which began before Tuffey was chief, reached its peak two weeks ago when the last of 25 OGK members pleaded guilty to federal drug conspiracy charges.

They are scheduled to be sentenced in the coming months.

end quotes

Oh, the unfairness of it all, targeting those poor people just because they happen to be Black!

Talk about racism and that damn white supremacy alright, there are some consequences of it staring us right in the face, which is why, because of that history of white supremacy we all have to own, whether we want to or not, Democrat Kathy Sheehan says we have to embrace BLACK LIVES MATTER, even though a few leaders of Black Lives Movement groups have promoted violence, or have a history of violence themselves, like the Jungle Junkies and the Original Gangsta Killers, who prove the Marxist adage that you can take the savage out of the jungle, but you can’t take the jungle out of the savage, nor should you try, because it is discrimination against the proletariat by the bourgeoisie, which class Marx lampooned for what he called its hypocrisy in presenting the family as a sacred institution based on familial love, saying “The bourgeoisie has torn away from the family relationship its sentimental veil and has reduced it to a mere money relationship,” and in a scathing rebuke, he further blamed the bourgeoisie and the capitalist system for the absence of the family among the proletariat, for the exploitation of children, for prostitution, and for the sexual exploitation of women and girls in the factories, which is a damn good reason to get rid of that class, isn’t it?

Getting back to the racism and white supremacy rampant in our present system which is being overthrown as I write these words by a revolution of the proletariat, we have:

Last year, the Jungle Junkies case culminated with the last of 30 people, including Conley and Robinson, being sentenced to federal prison.

end quotes

Oh, the racism and white supremacy!

It’s terrible!

It’s unfair!

Let us all join Kathy Sheehan and her police chief by getting down on our knees in solidarity with BLACK LIVES MATTER, even though in reality, they really don’t.

Getting back to the story, it continues as follows:

U.S. Attorney Richard Hartunian was an assistant U.S. Attorney and at the helm of the case when it began five years ago.

Some Albany legal observers say Hartunian’s work in the case helped gain his appointment last year as U.S. Attorney for New York’s Northern District.

In an interview Saturday, when his office issued a statement summarizing the case, Hartunian said his debriefings with sworn members who joined gangs at ages as young as 10 or 11 gave him insight into the culture of violence that has plagued many upstate cities.

end quotes

There is the alternative to the stable Western-prescribed nuclear family that mayor Kathy and BLACK LIVES MATTER are presenting us with, where instead of being burdened by having to raise children, the children will be communally raised just like these children are, which takes us back to “MARX, ENGELS, AND THE ABOLITION OF THE FAMILY” by Richard Weikart, Department of History, California State University, Stanislaus, Turlock, CA 95382, U.S.A. in History of European Ideas, Vol. 18, No. 5, pp. 657-672, 1994, Elseyier Science Ltd, Printed in Great Britain, where we have a further glimpse at the future mayor Kathy of Albany and BLACK LIVES MATTER are going to usher in, when we all finally get down on our knees in submission and embrace the BLACK LIVES MATTER movement, to wit:

After reading Morgan, however, both Marx and Engels accepted his view that a period of sexual promiscuity without families existed in the earliest period of human history.

According to this view, in primitive society every man had sexual access to every woman and vice versa.

There existed no sexual taboos or prohibitions of any kind and even incest was acceptable.

end quotes


Don’t that sound great!

Bring on that Marxism now because we can’t wait!

Getting back to Weikart, he continues the analysis as follows:

This was not a community of women, as many people wrongly supposed, since women were free and had the same rights and prerogatives as men.

Since these societies were matrilineal, women were esteemed highly and had equal status with men.

Engels once argued that this sexual community was a natural state inherited from the animal kingdom.

With naturalistic explanations such as these, Marx and Engels had shifted to a position in which not the family, but the absence of the family, was the original and natural state of humanity.

end quotes

Heed those words well, people, as we all get down on our knees with mayor Kathy and embrace BLACK LIVES MATTER – the absence of the family was the original and natural state of humanity, so let’s stop wasting time and get ourselves back there so that can happen all over again.

And in mayor Kathy’s still violent sanctuary city of Albany, New York, where ignorance rules over reason and law of the jungle prevails, that future is now.

And resistance is futile!

So stop being a racist and white supremacist, get down on your knees in submission and join the movement now, and think how happy you will be as a result, because then, we will all be equal and one great big happy family!

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Post by thelivyjr » Sat Sep 26, 2020 1:40 p

THE CAPE CHARLES MIRROR September 25, 2020 at 9:05 pm

Paul Plante says:

“The great object of a free people must be so to form their government and laws and so to administer them as to create a confidence in, and respect for the laws; and thereby induce the sensible and virtuous part of the community to declare in favor of the laws, and to support them without an expensive military force.”

Those are words from the “Federal Farmer III” political essay by the Federal Farmer on October 10, 1787, eleven years after the first Fourth of July, now considered to be a “racist” holiday celebrating “white supremacy,” even though there were Black people like Agrippa Hull and James Armistead Lafayette fighting alongside those deemed today as “racists,” simply because their skin was white, which is a sign of how far over into gross ignorance and stupidity this nation has descended in the intervening 233 years since the publication of the “Federal Farmer III” political essay, where people today are totally ignorant and pitifully so, with this mindless blather by people such as Amy Biancolli and BLACK LIVES MATTER founder Patrisse Khan-Cullors that back then, Black people weren’t considered as human beings.

In point of fact, around five-thousand Blacks served in the Revolutionary War as soldiers on the patriot side against the British, which country was responsible for their enslavement in this nation before the first Fourth of July and the Declaration of Independence from the tyranny of English King George III, and a vast unknown number provided a myriad of support services.

So much for them being considered as non-humans.

With respect to the Declaration of Independence, what exactly did that accomplish, besides nothing?

To the British, the Declaration of Independence meant exactly nothing as far as they were concerned, so the colonists who declared independence and the Black folks who fought for their cause were hardly free just because of the Declaration of Independence, and in fact, that freedom would not come until seven long bloody years later on September 3, 1783, with the major American victory at Yorktown, Virginia in 1781 marking the end of hostilities, although some fighting took place through the fall of 1783 when the Treaty of Paris was signed by representatives of King George III including David Hartley and Richard Oswald and the United States including Benjamin Franklin, John Adams, and John Jay, officially ending the conflict.

The treaty was ratified by the US Congress of the Confederation on January 14th, 1784.

As to the War of Revolution, there were 165 principal engagements from 1775-1783, and the Smithsonian tome, “The American Revolutionary War: A Visual History,” quotes a Hessian officer in 1777, as saying, “No regiment is to be seen in which there are not Negroes in abundance and among them are able-bodied and strong fellows.”

In the Battle of Bunker Hill, Peter Salem, a slave, served with courage under fire, as varying accounts reported and he was introduced to George Washington as “the man who shot Pitcairn,” the British Royal Marine Major who shouted to his men before Salem shot him down, “The day is ours.”

Col. John Thomas wrote John Adams on October 24, 1775 to say as follows: “We have negroes, but I look upon them as equally serviceable with other men, for fatigue (labor); and, in action many of them have proven themselves brave.”

So much for them not being considered as being human, which brings us to 1783 and Chapter III of the laws of the Commonwealth of Virginia entitled “An act directing the emancipation of certain slaves who have served as soldiers in this state, and for the emancipation of the slave Aberdeen,” wherein was stated thusly:

I. WHEREAS it hath been represented to the present general assembly, that during the course of the war, many persons i this state had caused their slaves to enlist in certain regiments or corps raised within the same, having tendered such slaves to the officers appointed to recruit forces within the state, as substitutes for free persons, whose duty or lot it was to serve in such regiment or corps, at the same time representing to such recruiting officers that the slaves so enlisted by their direction and at their concurrence were freemen; and it appearing further to this assembly, that on the expiration of the term of enlistment of such slaves that the former owners have attempted again to force them to return to a state of servitude, contrary to the principles of justice, and to their own solemn promise.
II. And whereas it appears just and reasonable that all persons enlisted as aforesaid, who have faithfully served agreeable to the terms of their enlistment, and have thereby of course contributed towards the establishment of American liberty and independence, should enjoy the blessings of freedom as a reward for their toils and labors; Be it therefore enacted, That each and every slave, who by the appointment and direction of his owner, hath enlisted in any regiment or corps raised within this state, either on continental or state establishment, and hath been received as a substitute for many free person whose duty or lot it was to serve in such regiment or corps, and hath served faithfully during the term of such enlistment, or hath been discharged from such service by some officer duly authorized to grant such discharge, shall from and after the passing of this act, be fully and completely emancipated, and shall be held and deemed free in as full and ample a manner as if each and every one of them were specially named in this act; and the attorney-general for the commonwealth, is hereby required to commence an action, in forma pauperis, in behalf of any of the persons above described who shall after the passing of this act be detained in servitude by any person whatsoever; and if upon such prosecution it shall appear that the pauper is entitled to his freedom in consequence of this act, a jury shall be empannelled to assess the damages for his detention.
III. And whereas it has been represented to this general assembly, that Aberdeen, a negro man slave, hath labored a number of years in the public service at the lead mines, and for his meritorious services is entitled to freedom; Be it therefore enacted, That the said slave Aberdeen shall be, and he is hereby emancipated and declared free in as full and ample a manner as if he had been born free

end quotes

That, people, is American history as it actually happened, not as the Albany, New York Times Union and Democrat mayor of the sanctuary city of Albany, New York Kathy Sheehan and BLACK LIVES MATTER would have it be, with this tripe and drivel of theirs that Black people weren’t considered as being human, when the evidence is that they clearly were considered human.

So why in 2020 are we being force fed that drivel and just plain BULL**** while at the same time being told by mayor Kathy that because of our history, of which that is a part, we have to embrace BLACK LIVES MATTER, which is equivalent to telling us we have to embrace ignorance and just plain stupidity and a Marxist-inspired agenda to disrupt our stable, law-abiding nuclear families?

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Post by thelivyjr » Sun Sep 27, 2020 1:40 p

THE CAPE CHARLES MIRROR September 26, 2020 at 6:26 pm

Paul Plante says:

With respect to the kind of world progressives like Democrat Kathy Sheehan, the mayor of the sanctuary city of Albany, New York and BLACK LIVES MATTER are going to usher in when they get us all to embrace BLACK LIVES MATTER and its Marxist-inspired agenda to disrupt our stable, law-abiding nuclear families and return us instead to a time of savagery and barbarism, we get a real good glimpse of it in the Albany, New York Times Union story “Suspect in killing of 11-year-old had been released from jail in June – Alleged shooter was released from jail after prosecutor failed to obtain indictment” by Brendan J. Lyons, managing editor, on Sep. 26, 2020, as follows:

TROY – The 20-year-old Cohoes man charged with fatally shooting an 11-year-old boy in Troy earlier this month had been released from jail in June — where he was being held on robbery, weapons and reckless endangerment — because he had not been indicted within 45 days of his arrest last October.

Jah Quay E. Brown has a lengthy criminal history dating to at least 2016 that includes arrests for a shooting as well as assaults, robbery and larceny charges, according to court records.

end quotes

Jah Quay is a Black dude, and the 11-year old boy he shot was also a Black person, whose life obviously did not matter much at all to Jah Quay, nor did it matter to BLACK LIVES MATTER, because nobody heard even a peep from them about it.

They don’t like Black people being killed by white people, but they have no problem whatsoever with Black people killing other Black people, because that is what they do, living by the law of the jungle as they do, as opposed to the “white man’s laws” which everybody knows are discriminatory to Black people because they unfairly criminalize things like killing 11-year old children, which takes us back to another Times Union story entitled “Heartbreak in Troy as boy, 11, dies in drive-by shooting – Ayshawn Davis killed Sunday evening by hail of gunfire from moving car” by Massarah Mikati and Kenneth C. Crowe II on Sep. 14, 2020, where we have as background to wit:

TROY — Elvis Ramos grew up in the Bronx.

The 47-year-old has held grown men in his arms as they took their last breath.

But when he saw Ayshawn Davis with a gunshot wound to his head Sunday night, he burst into tears.

“To see an 11-year-old kid — I can never forget that image,” said Ramos, who lives two houses down from the stoop where the boy was shot on Old Sixth Avenue.

Ayshawn, staying with a family friend in the North Central neighborhood, was killed in front of 2266 Old Sixth Ave. when someone sprayed bullets from a moving car.

Police rushed to the scene around 11:40 p.m. Sunday.

News of the killing rippled across the city Monday, from the boy’s home in Lansingburgh and his elementary school to Jimmy’s Pizzeria, where the boy worked for pocket money.

Tasheca Medina, an organizer with Equality for Troy, broke down as she mourned what could have been.

“I’m at a loss for words.”

“We lost a young man who knew he was going to be a change for his generation,” Medina said.

Last summer, Spectrum News profiled Ayshawn and told the story of how he had convinced Jimmy’s proprietor Tony Buchanan to let him do chores at the Lansingburgh restaurant.

“You can accomplish anything if you put your mind to it,” the boy told the station in the September 2019 story.

Monday, Buchanan’s voice quivered as he stood behind the counter recalling how Ayshawn first came into his Fifth Avenue pizzeria in December looking to work.

“Can I clean your counter?” the 10-year-old had asked.

Buchanan pointed out that he already had an employee cleaning the counter.

“Two’s better than one,” Ayshawn told him.

Buchanan gave him $5 as well as some milk and pizza after he finished.

Ayshawn returned to sweep up, whether it was inside or outside.

“He was definitely a kid with a future,” said Buchanan, who had received numerous telephone calls from people asking if he had heard the news.

Old Sixth Avenue is a quiet street tucked away from busy traffic just north of downtown Troy.

In 2015, its basketball courts were considered the turf of the Young Gunnerz gang, and had become increasingly violent and the scene of drug sales.

A significant law enforcement operation resulted in the arrest of eight Young Gunnerz and 12 associates.

end quotes

Yes, indeed, law of the jungle.

And there we have a clear-cut case of someone who was law-abiding from the type of nuclear family BLACK LIVES MATTER wants to disrupt being deprived of his constitutional right to life by a lawless savage who proclaimed himself judge, juror, and executioner who gunned him down, so that Ayshawn was killed by somebody lawless from the type of society BLACK LIVES MATTER wants to create by disrupting our stable, law-abiding nuclear families and in the process, turning us into a nation of barbarians and savages, where the strong exploit the weak and law of the jungle prevails, which takes us back to the story of Jah Quay, as follows:

Shane Hug, a local attorney and former Rensselaer County assistant district attorney, was appointed as a special prosecutor in Brown’s case for the weapons and reckless endangerment charges in the city of Albany connected to a drive-by shooting.

Hug on Friday confirmed that Brown was released from jail in June after his attorney, Gennaro Calabrese, filed a writ of habeus corpus motion seeking his client’s release from custody due to the amount of time that he had been behind bars without being indicted.

The release took place not long after the coronavirus pandemic had brought New York’s court system to a crawl, including the empaneling of grand juries.

Hug said he had no grounds to oppose Calabrese’s motion and added that Brown’s release from custody “had nothing to do with bail reform.”

Brown’s arrest last October took place about two weeks after he was shot in the head on First Street in Albany.

That shooting left Brown briefly hospitalized.

He was shot less than a month after the drive-by shooting in Albany in which he was identified by police as the driver of the vehicle from which the shots where fired.

Those charges, first-degree assault and reckless endangerment, both felonies, led to Brown’s arrest on Oct. 21.

He was also arraigned on Oct. 24 for an unrelated robbery in Guilderland.

Brown had been in custody at Albany County jail from late October until he was released on a court order in early June granting the writ motions — one for a robbery charge in Guilderland and the second in the Albany shooting case.

There was also no grand jury impaneled in Albany County from roughly March to July.

But an executive order from Gov. Andrew M. Cuomo had stayed pre-trial and speedy trial requirements during the pandemic.

That means the special prosecutor could have asked for a stay on the motions for a writ that were filed by Brown’s attorney, but apparently did not.

While he was at Albany County jail earlier this year, Brown also was charged with felony gang assault for an attack on another inmate.

On Thursday morning, Brown was charged with killing 11-year-old Ayshawn Davis in a drive-by shooting on Old Sixth Avenue on Sept. 13, according to Troy police.

Brown faces a maximum sentence of life in prison if convicted of second-degree murder.

Brown told the judge during his arraignment that he was “concerned about my safety and my well-being.”

end quotes

So let us all hope that nothing happens to Jah Quay in the hands of the racists and white supremacists who took him into custody for killing that child, or my goodness, BLACK LIVES MATTER will be out there burning down more of civilized society in retaliation.

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Post by thelivyjr » Sun Sep 27, 2020 1:40 p

THE CAPE CHARLES MIRROR September 26, 2020 at 9:56 pm

Paul Plante says:

So, squinting at history through that single, narrow lens, as Amy Biancolli of the Albany, New York Times Union called it in the Times Union story entitled “Biancolli: As we get rid of Schuyler statue, we need to own his history” by Amy Biancolli on July 8, 2020, in the context of the more limited narrative Amy says was first absorbed in my youth, it is crystal clear that in every battle of the Revolutionary War from Lexington to Yorktown; black men, slave and free, picked up the musket and defended America; and in the course of that struggle, earned their freedom and paved the way for other Black folks to be free as well, so why is it then, that so many Black historians as well as “sensitive” white folks like Amy Biancolli have omitted their contributions in their warped and twisted and perverted view of history?

In my opinion as an American citizen, this need for these Black historians to “overlook,” “underestimate,” and or “erase,” these sacrifices is a gross negligence on their part for political reasons that intentionally distorts and misrepresents American history; and furthermore, it continues to disenfranchise the patriotic heroes of the past and malign the self-image of millions of Americans today simply because of the color of their skin, all to maintain the BLACK LIVES MATTER narrative being pushed by the Albany Times Union and Democrats like Kathy Sheehan, again for political reasons, that depicts all Black people as downtrodden losers who they depict as not even being human, which is nothing more than tripe.

In her polemic in the Times Union on July 8, 2020, Amy Biancolli, a polished political commentator for the Hearst Publishing’s Albany, New York Times Union who was born in Queens and grew up in Connecticut and holds degrees from Hamilton College and the Columbia University Graduate School of Journalism and a former movie critic for the Houston Chronicle who first wrote for the TU from 1991-2000 and then bounced back into the local-arts beat in 2012 stated with respect to myself that “I was baffled by his refusal to acknowledge the crushing, enduring evils of an institution built on the denial of all human rights,” which is a BULL**** statement all the way around, because although members of the so-called “servile class,” the Black folks were hardly denied “all human rights,” as we clearly see in the case of the Virginia law in 1783 mentioned above making freemen out of former Black slaves who either fought in the Revolution, or like Aberdeen, a negro man slave, labored for a number of years in the public service at the lead mines, and for his meritorious services was entitled to freedom and emancipated and declared free in as full and ample a manner as if he had been born free.

As to Massachusetts, and this is schoolboy history we never hear about from these Black historians pushing the BLACK LIVES MATTER narrative of Black people being considered as non-humans, although slaves were indeed considered as “property,” at the same time, they were also considered as persons before the law, so that slaves could institute and prosecute lawsuits in the courts against their master as the defendant, which is a human right ignorant people like Amy Biancolli says they did not have.

As to acknowledging the crushing, enduring evils of an institution built on the denial of all human rights, though my “lens of history” that I squint through, I go back to 135–132 BC, and the First Servile War, which was a slave rebellion against the Roman Republic led by Eunus, a former slave, and Cleon, a Cilician slave, who became Eunus’s military commander.

With respect to the crushing, enduring evils of an institution built on the denial of all human rights, following the final expulsion of the Carthaginians from Sicily during the Second Punic War, there were great changes in land ownership in Sicily with speculators from Italy rushing onto the island and buying up large tracts of land at low prices, or occupying estates which had belonged to Sicilians of the Carthaginian party, which estates were forfeited to Rome after the execution or flight of their owners.

According to the school-boy history that I learned when young, back in a time when ignorance was not tolerated as it is today, these newly arrived Roman Sicilians exploited their slaves more brutally than their predecessors, and those slaves weren’t Black, they were white, so how about that!

According to Diodorus Siculus, or Diodorus of Sicily, who was an ancient Greek historian known for writing the monumental universal history Bibliotheca historica, in forty books, fifteen of which survive intact, between 60 and 30 BC, politically influential slave-owners, often Roman equites who constituted the second of the property-based classes of ancient Rome, ranking below the senatorial class, did not provide enough food and clothing for their slaves.

The Roman conquest of Macedonia, in which thousands of the conquered were sold into slavery, the slave-dealing of the Cretan and Cilician pirates whose activity was practically unchecked at this time, as well as the oppression of corrupt Roman provincial governors, who were known to organize man-hunts after lower-class country provincials to be sold as slaves — all contributed to a constant supply of new slaves at very cheap price, which made it more profitable for their masters to wear them out by unremitting labor, harshness, exposure and malnutrition, to be cheaply replaced, than to take proper care for their nourishment, health, and accommodation.

Talk about people being treated as if they were non-human, there is a case of it right there before our eyes, so how come we never hear of this from these Black historians and ignorant people like Amy Biancolli who would have us believe that the only people ever oppressed by the institution of slavery were Black?

Getting back to the history as it happened, the plantation system which took shape in Sicily led to thousands of slaves dying every year of toil in the fields from dawn to dusk with chains around their legs, and being locked up in suffocating subterranean pits by night.

For food, the slaves had to turn to banditry to survive while the Roman Senate failed to take measures to curb this dangerous tendency, which converted one of the most beautiful and fertile provinces of the Republic into a horrible den of misery, brigandage, atrocity and death.

Because of that treatment, which I certainly acknowledge, given it cannot be denied other than by ignorant fools, of which we have many in this nation, either serving as historians or writers for rags like the Times Union, in 135 BC, the plantation slaves in Sicily finally rose in revolt, with Eunus of Syrian origin as their head.

The spark which would end up starting the revolt came when a group of slaves, who were suffering under the severe cruelty of their owner Damophilus, sought out Eunus for advice on what to do about their situation, and in response, Eunus organized about 400 slaves into a band and stormed the prominent city of Enna located in the interior of the island and the home of Damophilus.

The unprepared town was captured and savagely sacked by the insurgents, who executed every inhabitant but the iron-forgers, who were chained to their smithies and put to manufacturing arms for their captors.

Damophilus was butchered after being insultingly paraded through the local theater, abjectly begging for his life while his wife was tortured to death by her servants.

Their daughter, who had once attempted to alleviate the suffering of her family’s slaves, was spared by the mob and given an honorable escort which was to deliver her to the Roman garrison at Catana.

After the capture of Enna, the revolt quickly spread.

Achaeus, a Greek slave (Greeks aren’t Black), was named commander-in-chief by Eunus, who simultaneously proclaimed himself king Antiochus, of Syria.

A group of 5,000 slaves on the south side of the island under Cleon rose up and managed to capture Agrigentum, after which they joined Eunus and his forces.

The numbers of the slave army swelled rapidly from 10,000 to 70,000 by the lowest estimate (Livy and Orosius following him), or as many as 200,000 according to Diodorus Siculus, including men and women, possibly counting children as well.

The Praetor Lucius Hypsaeus marched with a body of Sicilian militia to quash the revolt but the slaves managed to rout his army, they then defeated three other praetors in succession and occupied almost the whole island by the end of the year.

In 134 the Roman Senate sent Flaccus, the consul for the year, to put an end to the revolt.

However, his campaign, the details of which are few and obscure, seems to have ended without a conclusive result.

A year later, in 133 the new consul Lucius Calpurnius Piso was given the same task as Flaccus but this time the effort actually gave results.

He recaptured Messana, putting 8,000 surrendered slaves to death before laying siege to the important town of Tauromenium on the north-east coast, though he was in the end unable to take it.

The revolt was finally snuffed out in its entirety the following year by Publius Rupilius who laid siege to Tauromenium and managed to capture it with relative ease thanks to the help of traitors from within the slave army defending the town.

Talk about not having any basic human rights like the Black slaves in Massachusetts did, being able to sue their masters in court as they were able to do, all the prisoners taken when the town fell were first tortured, and then thrown from a cliff.

Next Publius Rupilius marched on Enna, which had become the center of the entire revolt, where one of the slave leaders, Cleon, had taken refuge.

Cleon died of wounds sustained during a desperate sally out of the gates to try and break the Roman siege lines.

Enna then fell not long after, again helped by traitors inside the walls, and the remnants of the slave army on the rest of the island was quickly stamped out, with around 20,000 prisoners being crucified by Rupilius in retribution.

And there is my acknowledgement of the crushing, enduring evils of an institution built on the denial of all human rights.

So why don’t these Black historians today and progressives like Kathy Sheehan of Albany and Amy Biancolli acknowledge it as well?

A question for our times, indeed.

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Post by thelivyjr » Mon Sep 28, 2020 1:40 p

THE CAPE CHARLES MIRROR September 27, 2020 at 10:57 am

Paul Plante says:

As a veteran of Democrat Lyndon Baines Johnson’s fiasco in VEET NAM who came back to this now-sorry country to be spit on and reviled by the liberal and progressive folks who told us we should be responsible for our own medical care after being wounded; it was our own fault for going, afterall, I truly find it hard to find anything at all remotely funny or amusing with what goofy old Joe Biden is reported to have said there, notwithstanding any BULL**** his campaign might have put out, precisely because the types of people goofy old Joe is pandering to for his votes called us then and still do the same kind of things.

Do I think goofy old Joe, who received student draft deferments during the period of the VEET NAM war while other Americans, the less privileged, were bleeding and dying in the mud so goofy old Joe could live the good life back here and after he completed his studies, was classified by the Selective Service System as unavailable for service due to a history of asthma, although that history of asthma didn’t prevent him from being a standout halfback and wide receiver on the Archmere Academy in Claymont high school football team, where he played on the baseball team as well, nor did his asthma keep him from playing halfback for the Fightin’ Blue Hens freshman football team, and defensive back for the varsity at the University of Delaware in Newark, was telling the truth as he sees it and believes it, and as his base believes it, when he called the troops “you stupid bastards?”

Of course I do.

I’ve heard the same thing from too many other Democrats to think otherwise.

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Post by thelivyjr » Wed Sep 30, 2020 1:40 p


"Fed’s Williams says he’s not worried about inflation hobbling an improving economy"

By Greg Robb

Published: Sept. 29, 2020 at 3:25 p.m. ET

A key top Federal Reserve official said Tuesday that he is not worried about inflation even as the economy is returning to faster growth after the shutdown in the spring.

New York Fed President John Williams, who is a key adviser to Fed Chairman Jerome Powell, said that he doesn’t see any sign of high inflation.

“I”m not worried about inflation."

"Obviously if there were significant inflationary pressures with inflation taking off, we know how to respond to that."

"But I don’t see any signs of that,” Williams said, during a discussion sponsored by the Fisher Center for Real Estate & Urban Economics at the University of California, Berkeley.

Some analysts and Fed officials think that the economy is recovering so strongly that there will be bottlenecks that push up prices.

Other economists note that wage growth, a critical component of inflation, remains subdued.

The Fed has promised to allow inflation to run moderately above its 2% target for some time before lifting rates off of zero.

Williams was relatively upbeat about the economy, saying he was optimistic that the strong recovery seen since June would continue for the rest of the year and into next year.

He said he expected the economy would fully recover in about three years time.

Other Fed officials have sounded more cautious about the downside risks given the economy is not through the pandemic.

“I do think the economy is on a pretty good trajectory,” Williams told reporters following his appearance.

If Congress fails to pass more spending, it would result in a somewhat weaker outlook, he said, but only lower the trajectory a bit.

He acknowledged there was a lot of uncertainty in the forecast.

Williams said that if people aren’t comfortable adapting and returning to some semblance of pre-coronavirus life of regular interactions with other people, it will be hard for the economy to fully recover.

“If we don’t see people comfortable going back into stadiums and theaters and restaurants, it is really going to be hard to get back” to get to the 100% pre-Covid economic levels, he said.

Williams said he was surprised the economy has managed to see some improvement in growth since the summer even as virus cases were rising.

Stocks were lower Tuesday as investors awaited the first presidential debate.

The Dow Jones Industrial Average was down 58 points in late afternoon trading.

https://www.marketwatch.com/story/feds- ... 2020-09-29

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Post by thelivyjr » Wed Sep 30, 2020 1:40 p


"Fed’s Kaplan says economy won’t get back on track until late 2022"

By Greg Robb

Published: Sept. 29, 2020 at 10:00 a.m. ET

The U.S. economy won’t be back on track until late 2022 or sometime in 2023, said Dallas Fed President Rob Kaplan on Tuesday.

In an essay on the outlook for the economy and Fed policy, Kaplan said he thinks the current level of the Fed’s policy interest rate between zero and 0.25% will be appropriate until the economy has weathered the pandemic and is on track to achieve the central bank’s goals of full employment and price stability.

“My best judgement is that it will take at least until late 2022 or sometime in 2023 for these criteria to be met,” Kaplan said

It is at this point that Kaplan would take a different path than his colleagues.

At its meeting earlier in September, the Fed promised to keep interest rates at zero until inflation is on track to “moderately exceed” the central bank’s 2% target “for some time.”

Kaplan dissented from this statement.

He said that there is a difference between the Fed keeping policy easy and keeping rates at zero.

He said he wanted to give future committees flexibility to lift-off of zero while remaining “accommodative.”

If the economy improves and the Fed keeps rates at zero, this means that Fed policy will actually become more accommodative, he said.

“I can understand why future Fed officials will want to remain accommodative at the point in order to ensure we achieve our goals, but will they want to be effectively increasing the level of accommodation by keeping the federal funds rate at zero?” he asked.

“I would like future committees to have the flexibility to make this judgment,” he said.

Kaplan said he believed there are “real costs” for keeping rates at zero for a prolonged period of time.

“Keeping rates at zero can adversely impact savers, encourage excessive risk taking and create distortions in financial markets,” he said.

He noted that some of the seizing up of financial markets in March may have been due, in part, “to some amount of forced selling by over-risked market participants,” the Dallas Fed president said.

Kaplan said his research team expects the economy to grow at about a 30% annualized rate in the third quarter, rebounding sharply from the roughly 32% decline in the April-June quarter.

For the year, the economy will show a contraction of about 3%, he said, with the unemployment rate falling further to 7.5% at year end, from 8.4% in August.

The Dallas Fed expects the economy will grow by roughly 3.5% in 2021 and the jobless rate will decline to about 5.7%.

Inflation will remain below the Fed’s 2% target.

These forecasts are highly uncertain because they depend on the path of the coronavirus pandemic and continued fiscal support from Congress.

“A key risk we are watching carefully is the potential waning of unemployment benefits and other forms of fiscal relief, which could cause more typical recessionary dynamics to emerge,” Kaplan said.

U.S. Stocks opened mixed on Tuesday with the Dow Jones Industrial Average slipping by 38 points.

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Post by thelivyjr » Wed Sep 30, 2020 1:40 p


"Consumer confidence surges to highest level since start of coronavirus pandemic"

By Jeffry Bartash

Published: Sept. 29, 2020 at 12:54 p.m. ET

The numbers:

Consumer confidence rose in September to the highest level since the coronavirus pandemic began after the number of cases declined and the economic forged ahead, a closely followed survey showed.

The index of consumer confidence rose to 101.8 this month from 86.3 in August, the Conference Board said Tuesday.

It was the biggest one-month increase in 17 years.

Economists polled by MarketWatch had forecast a smaller increase in the index to 89.6.

The level of confidence in August was also revised slightly higher after initially showing the lowest reading since the pandemic began more than six months ago.

“A more favorable view of current business and labor market conditions, coupled with renewed optimism about the short-term outlook, helped spur this month’s rebound in confidence,” said Lynn Franco, senior director of economic indicators at the board.

What happened:

An index that gauges how consumers feel about the economy right now jumped to 98.5 in September from 85.8 in the prior month.

Another gauge that assesses how Americans view the next six months — the so-called future expectations index — surged to 104 from 86.6.

The rebound in confidence almost certainly reflects a decline in coronavirus cases after a midsummer spike.

Perhaps more surprising, a reduction in federal benefits for the unemployed did little to dampen the optimism.

A $600 federal unemployment stipend expired at the end of July.

President Trump authorized temporary $300 payments, but the money is already running out and Congress is deadlocked on what to do next.

Big picture:

The springback in consumer confidence after two straight declines is welcome news, suggesting a U.S. recovery is still on track even if growth has tapered off since the late spring.

Although millions of Americans remain out of work, more people are returning to their jobs and the unemployment rate is declining.

Economists worry the end of federal aid will slow the recovery and make it harder to return to normal, but so far the U.S. has continued to plow ahead.

Confidence is still far below pre-pandemic levels, however.

The index stood at 132.6 before the viral outbreak.

What they are saying?

“The levels are still subdued compared to February,” said chief U.S. economist Rubeela Farooqi of High Frequency Economics.

“Even so, it is welcome news that is likely reflecting some optimism about economic and job prospects from an ongoing and fuller reopening of the economy.”

Market reaction:

The Dow Jones Industrial Average and S&P 500 index fell in Tuesday trades ahead of the first presidential debate.

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Post by thelivyjr » Wed Sep 30, 2020 1:40 p


"U.S. trade deficit in goods climbs 3.5% in August to record $82.9 billion"

By Jeffry Bartash

Published: Sept. 29, 2020 at 10:17 a.m. ET

The numbers:

The U.S. trade deficit in goods rose 3.5% in August to a record $82.9 billion, reflecting a sluggish rebound in exports that’s weighing on the broader economy and could slow the recovery from the coronavirus pandemic.

Economists polled by MarketWatch has forecast a small decline in the trade gap.

What happened:

Imports of foreign goods such as autos and consumer goods climbed 3.1% in August to $201.3 billion and returned to pre-pandemic levels.

The same can’t be said for exports.

They rose 2.8% in August to $118.3 billion, the U.S. Census Bureau said Tuesday, but are still down about 13% compared to just before the pandemic struck.

The advanced report only includes goods.

Services such as travel and tourism aren’t included until the full report that gets released next week.

Services have been hurt even worse with few people flying and traveling to other countries.

A larger trade deficit subtracts from gross domestic product, the official scorecard for the U.S. economy.

An advanced look at wholesale inventories, meanwhile, showed a 0.5% increase in August.

And an early look at retail inventories pointed to a 0.8% gain.

The big picture:

The snapback in imports shows Americans are more willing to buy more cell phones, BMWs and other goods they’ve long sought from overseas suppliers.

Imports sank early in the pandemic due to disruptions in global trade and depressed demand after millions of Americans lost their jobs.

The increases in wholesale and retail inventories are also a good sign, signaling that retailers are restocking their shelves ahead of the Christmas season.

The slower rebound in exports, however, is a drag on the economy.

And American exporters face the prospect of tougher sales amid a fresh outbreak of the coronavirus in Europe and other markets.

If exports start to flag, it will deter manufacturers and other companies from bringing back more jobs.

What they are saying?:

“The recovery in exports appears to be slowing down and with second waves of the virus materializing globally, we expect their recovery to be protracted and choppy ahead,” wrote economist Katherine Judge of CIBC.

“Growth in imports could also slow ahead given that the U.S. economy is now on a slower recovery trajectory.”

Market reaction:

The Dow Jones Industrial Average and S&P 500 index fell slightly in Tuesday trades.

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