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NEWS - SATURDAY, OCTOBER 12, 2024 - NEWS
Obama said he had a problem with men who are "coming up with all kinds of excuses" to sit out the election or to vote for Trump. LA Times
VOA VIEW: Sounds bad for Harris.
The mountain and skyline staple is known for its peculiar cloud shapes being famously misconceived as UFO flying saucers. New York Post
Voters solidly prefer Trump on several questions about what the candidates bring to the table, including experience. New York Post
VOA VIEW: Good news.

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"Who wrote this script?" one critic asked. "Have they met literally a single male human[?]" New York Post
VOA VIEW: Harris is an idiot.
Biden administration officials are discussing whether a United Nations plan that ended Israel’s last invasion of Lebanon can be built to last this time. New York Times
VOA VIEW: Nothing will work with Biden/Harris involvement.
Susie Wiles, a top Trump campaign adviser, was in contact with the White House chief of staff and the head of the Secret Service seeking military assets and other steps. New York Times
VOA VIEW: The Dems can't be trusted.
BrucePac, a producer of ready-to-eat meat and poultry items, has recalled over 9.9 million pounds of product due to possible listeria contamination, the U.S. Department of Agriculture announced it on Wednesday. OANN
Donald Trump is beating both Kamala Harris and Tim Walz in holding campaign events. OANN
VOA VIEW: That has been going on since the beginning.
UFC CEO Dana White has taken jabs at Vice President Kamala Harris, saying the fact she is “incapable of putting a sentence together” should “SCARE THE S–T” out of everyone. OANN
VOA VIEW: A truism.

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The Republican governor of Florida, Ron DeSantis, promised on Wednesday to punish residents who leave their dogs chained up and abandoned during hurricanes, especially with Hurricane Milton hovering over the state's western shore. OANN
Former President Donald Trump's lawyers told a federal judge Thursday to halt special counsel Jack Smith from filing any more "evidence" against the GOP nominee ahead of the Nov. 5 election, saying it interferes with the election and conflicts with Justice Department policy. Washington Times
VOA VIEW: The Dems will do everything to cheat.
A federal judge said Thursday that she won't order the presidential battleground state of Georgia to reopen voter registration for November's elections despite recent disruptions to registration caused by Hurricane Helene. Washington Times
Thomas Bowman, a congressional candidate who said he was tricked by Democrats into running as a spoiler in a competitive House race in Minnesota, suspended his campaign Thursday and endorsed his Republican rival. Washington Times
VOA VIEW: Good!

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At the end of Kamala Harris' town hall for Spanish-language network Univision in Las Vegas on Thursday, audience member Teresa Djedjro, 48 and originally born in Mexico, asked Harris to, "Please give me three virtues that Trump has." Washington Times
VOA VIEW: Harris is an idiot.
Michigan Gov. Gretchen Whitmer drew double-takes on social media Thursday over a video in which she feeds a tortilla chip to a kneeling feminist influencer, a head-scratching scene that prompted accusations of spoofing the Eucharist. Washington Times
VOA VIEW: She is a fool.
Florida sees roughly 50 tornadoes in a typical year. But Floridians saw nearly half of that in the hours before Milton made landfall. Multiple twisters touched down in just 30 minutes in St. Lucie County. CBS
VOA VIEW: Sad!

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In Colorado, 23 people were rescued after an elevator malfunction at an old gold mine. One person was killed and four others were injured while visiting the attraction. Another dozen people remained trapped underground for about six hours before they were rescued. CBS
Orlando theme parks reopened for business as usual Friday, after closing for Hurricane Milton. CBS
Hurricane Milton's historic rainfall submerged communities as first responders spent Thursday rescuing people stranded in homes and apartment buildings. The storm is responsible for at least 16 deaths. CBS
Investors are facing delays to transfer certain assets purchased via TreasuryDirect. CNBC
VOA VIEW: Biden/Harris fault.
The Department of Justice reportedly was investigating how drug traffickers used TD Bank to launder money derived from fentanyl sales in the U.S. CNBC
VOA VIEW: The leaders should go to jail

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Rising naval tensions in the South China Sea are increasingly posing risks to some of the world’s most vital shipping lanes. CNBC
VOA VIEW: Biden stupidity.
A chemical leak in Deer Park Texas has left two dead and at least 35 more injured at the PEMEX oil refinery Thursday night, according to the Deer Park Office of Emergency Management. FOX News
Recent advancements in artificial intelligence technology is making it easier for bad actors to convince people they have kidnapped their loved ones in an extortion scheme. FOX News
VOA VIEW: AI is causing many problems.

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FBI's Nashville Field Office is using a new fingerprinting technology to help identify bodies in the aftermath of Hurricane Helene in Tennessee and North Carolina. FOX News
The U.S. military is flooding resources into storm-ravaged Florida while also continuing to tend to those affected in North Carolina by Hurricane Helene. FOX News
A Pro-Trump organization has filed a lawsuit against the DOJ, DHS, DOD, and the State Department for allegedly concealing records on second assassination attempt suspect Ryan Routh. FOX News
VOA VIEW: The conspiracy is starting to develop.
The deaths of two U.S. Navy Seals in January 2024 who drowned while boarding a suspected Houthi arms smuggling vessel off the coast of Somalia were preventable, according to a Navy report. UPI
In another sign of easing U.S. inflation, Producer Price Index September wholesale inflation was unchanged Friday. It rose 1.8% from September 2023. UPI
VOA VIEW: The numbers are being changed to help Harris.
Teva Pharmaceuticals, the largest generic drug manufacturer in the U.S., has agreed to pay $450 million to resolve two claims that allege the company violated the Anti-Kickback Statute, the Justice Department said. UPI
VOA VIEW: Madness!
Russian forces struck the Ukrainian port city of Odessa with ballistic missiles for the second straight day killing four people, including a 16-year-old girl, and injuring at least 10 other civilians. UPI
VOA VIEW: Putin is mad.

VOA VIEW -- Is the opinion of "Voice of Americans", which is a private entity not affiliated in any way with the United States government or any of its agencies. The opinions expressed here, in whatever medium or format, are not necessarily the opinions of the ownership or advertisers of this web site - 0415.


P.O. Box 10307
New Orleans, LA 70181
(504) 888-8255
COMMENTARY OF THE DAY
By
Robert Namer
Voice Of America
©2018 All rights reserved
October 14, 2024

      Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions, the Conference Board reported.  This was due to Biden/Harris stupidity.

     The board’s consumer confidence index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August 2021. The Dow Jones consensus forecast was for a reading of 104. By contrast, the index had a reading of 132.6 in February 2020, a month before the Covid pandemic hit. Each of the five components the organization samples fared worse on the month, with the biggest fall coming among those aged 35-54 and earning less than $50,000.

     “Consumers’ assessments of current business conditions turned negative while views of the current labor market situation softened further. Consumers were also more pessimistic about future labor market conditions and less positive about future business conditions and future income,” said Dana Peterson, chief economist at The Conference Board.  The last time the confidence index dropped more came as inflation was just beginning a climb to what ultimately was the highest level in more than 40 years.  Stocks saw some brief losses following the release, while Treasury yields moved lower.

     In addition to the steep drop in the confidence index, the present situation measure worsened by 10.3 points to 124.3 and the expectations index was off 4.6 points to 81.7. On the expectations measure, a reading below 80 is consistent with a recession.  Respondents’ concerns focused mostly on jobs and inflation.  Those saying jobs are plentiful continued to decline, falling to 30.9% from 32.7% in August, while the jobs “hard to get” measure rose to 18.3%, up from 16.8%.  On inflation, the 12-month outlook rose to 5.2%, with concerns over price increases topping the list of economic concerns.

     “The proportion of consumers anticipating a recession over the next 12 months remained low but there was a slight uptick in the percentage of consumers believing the economy was already in recession,” Peterson said.  The survey comes less than a week after the Federal Reserve voted to lower benchmark interest rates by a half percentage point, citing a more favorable outlook for inflation and worries over a potentially softening labor market. It was the first rate cut in four years and double the traditional quarter-point reduction.