Home / News / ALL STAR POLITICAL PANEL — Biden, Queen, Economy, Inflation, Interest Rates, House Republicans

ALL STAR POLITICAL PANEL — Biden, Queen, Economy, Inflation, Interest Rates, House Republicans


Biden couldn’t find his way off the stage, The rest of the world knows we don’t have a leader. We have this per­son that can’t get off the stage say­ing our troops will go to defend Taiwan. 

The Queen’s funer­al was impres­sive and it was done with a mil­i­tary pro­ces­sion. It was a Chris­t­ian cel­e­bra­tion. She was the monarch for 70 years, the longest reign in mod­ern times. Bruce was in Eng­land last week and brought back his expe­ri­ences and the reac­tion of the peo­ple. Will King Charles step down? 

The pan­el gives their thoughts on the econ­o­my, infla­tion and what will be the results on the inter­est rate hikes. From a pos­i­tive point of view, the gen­er­a­tion from the 70s have lived through it and are still here. Habits will have to change. We will have to get through these next few years which will be tough. And the sup­ply chain is suf­fer­ing as well. 

The inter­est rates are affect­ing the sup­port lev­el on the S&P is 3500 3412 and it could go through it. Gold­man is say­ing 3150. What that means is the S&P that it would go to 4400 and pos­si­bly 4800 and as it goes through the sup­port lev­els it takes down the rest of the mar­ket. Would it be pru­dent to sell stocks? And the inter­est rates on a 2 year t‑bill is 4%. If you do the math and fig­ure out the 4% inter­est rate, could you live on that based on what you have? 

Jerome Pow­ell came out say­ing the econ­o­my is caus­ing a real strug­gle to the real peo­ple. BKP is run­ning sto­ries every­day of ordi­nary peo­ple and their true strug­gles at the gro­cery store. We know when we come out of the gro­cery store how it is affect­ing it and no mat­ter what the fan­cy num­bers are say­ing we know. 

If the house goes Repub­li­can, do you think it will have a more pos­i­tive impact on the mar­ket? The com­mit­ment to Amer­i­ca that the repub­li­cans have put forth. They will focus on econ­o­my, safe­ty, indi­vid­ual free­dom, and gov­ern­ment accountability. 

In 2004 our nation­al debt was 33% of our GDP and now it is 100%. 

Repub­li­cans are telling us what they are stand­ing for and they have to fol­low through with the issues. The democ­rats are out of touch with ordi­nary peo­ple. The democ­rats want you to think that the right to have an abor­tion is the most impor­tant thing on the bal­lot. Not that peo­ple can’t pay their cred­it card bills or are afraid to go down the street. When abor­tion is legal and should be a state right. 

We are get­ting lied to on a reg­u­lar basis. Why does­n’t any­one fact check Muf­fin, KJP. Peo­ple need to keep ask­ing the question. 

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