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NEWS - SUNDAY, OCTOBER 13, 2024 - NEWS
Trump's visit to the home state of his opponent, Vice President Kamala Harris, offers him a chance to bash the liberal policies of the Bay Area native. LA Times
VOA VIEW: Good!
Florida Gov. Ron DeSantis announced Saturday that the state would be giving out millions of gallons of free gas after the Sunshine State was walloped by Hurricane Milton. New York Post
Former President Donald Trump promised a new wave of legal immigration and greater prosperity for Hispanics as he stopped at a massive warehouse in this city’s enterprise zone Saturday. New York Post

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The Times reviewed the minutes of 10 meetings among Hamas’s top leaders. The records show the militant group avoided several escalations since 2021 to falsely imply it had been deterred — while seeking Iranian support for a major attack. New York Times
VOA VIEW: The truth is made known.
The Trump campaign has reportedly requested to use military planes and vehicles in the final weeks of the race to increase security measures for the former president.  OANN
VOA VIEW: Biden/Harris want Trump eliminated.
During a Colorado rally, Donald Trump announced his future intention to deploy “Operation Aurora," a federal program which would locate and deport illegal immigrant members of the transnational Venezuelan gang, Tren de Aragua, as well as others. OANN
VOA VIEW: Needed!
A new poll found that Vice President Kamala Harris led former President Donald Trump with Black voters, but she has substantially less support from the voter bloc than President Biden four years ago. Washington Times
VOA VIEW: Blacks seem smarter than Dems think.
A key loan program is burning through cash while homeowners and businesses throughout the Southeast deal with the damage of Hurricanes Helene and Milton, according to Small Business Administration officials. Washington Times
A NASA spacecraft is ready to set sail for Jupiter and its moon Europa, one of the best bets for finding life beyond Earth. Washington Times

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The Biden administration sued Virginia on Friday over the state's effort to remove noncitizens from its voting lists, arguing the move violated a federal law that bars changes to the rolls so close to an election. Washington Times
VOA VIEW: Biden/Harris are trying to cheat the election.
Hurricane Milton killed at least 23 people when it tore across central Florida, flooding barrier islands and spawning deadly tornadoes. CBS
VOA VIEW: A good recovery.
The Harris campaign views the release as an opportunity to turn the conversation towards the physical health and mental acuity of her opponent, former President Donald Trump. CBS
VOA VIEW: She only talks against Trump, as she has little positive to talk about herself.
Former President Donald Trump's campaign requested military assets to enhance his security in the final weeks of the campaign, two sources said. CBS
VOA VIEW: As they should.

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Authorities are investigating a cyberattack linked to China-backed hackers that targeted major U.S. telecommunications companies and systems used for intelligence collection. CBS
VOA VIEW: Something will be done after Trump is elected.
Boeing CEO Kelly Ortberg wrote in a memo that the aerospace giant is cutting 10% of its 170,000 workforce. CBS
Lighthizer, the U.S. trade representative during Trump's first term, is a top prospect for a number of potential Cabinet posts if Trump wins the White House. CNBC
VOA VIEW: As he should be.

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The Social Security Administration has announced a higher threshold for earnings subject to Social Security payroll taxes. CNBC
The producer price index was expected to show a 0.1% increase in September. CNBC
VOA VIEW: Biden/Harris economic stupidity.
Chilling footage has been released showing two fake energy workers calling a house in Detroit before they allegedly murdered a 72-year-old jewelry store owner in the basement while his wife was duct-taped. FOX News
VOA VIEW: Madness!
A U.S. Army soldier has been sentenced to 14 years in prison having pleaded guilty to attempting to assist ISIS in killing US soldiers, including advice about potential targets in New York City. FOX News
VOA VIEW: The sentence was too light.
A confirmed Tren de Aragua gang member and Venezuelan national was accused of recruitment efforts at middle schools in Houston, according to authorities. FOX News

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The White House announced President Biden is scheduled to visit Florida on Sunday to survey the aftermath of Hurricane Milton. FOX News
President Joe Biden on Saturday approved a major disaster declaration for Florida making federal emergency funding available in 34 counties as 1.5 million residents remained without power. UPI
President Joe Biden says he "absolutely, positively" wants Israel to stop firing at United Nations peacekeepers while targeting Hezbollah militia forces in southern Lebanon. UPI
VOA VIEW: Biden has no clue, nor can he force demands of Israel war action.

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The Biden administration on Friday expanded sanctions against Iran's oil and petrochemical industries in response to Tehran's Oct. 1 ballistic missile attack on Israel. UPI
VOA VIEW: It took two weeks for any action.
U.S. Customs and Border Patrol said Friday that Port of Buffalo CBP officers found multiple commercial shipments of psilocybin in chocolate bricks in the previous 30 days. UPI
VOA VIEW: The guilty should pay harshly.
Two CSX employees fired nearly seven years ago for raising safety issues on their jobs will get their positions back and be paid $453,510 after the Labor Dept. ruled the rail company violated the workers' rights. UPI
VOA VIEW: As it should be.
A manhunt is underway after a fatal road rage shooting left one man dead and another wounded, closing the 5 Freeway in Los Angeles for five hours.  OANN

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
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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.