Boothe's
Global Perspectives
ENLIGHTENED JOURNALISM WITH INDEPENDENCE AND OBJECTIVITY
  • Politics  

    Nine States Sliding into Economic Downturn

    A man walks near the Kanawha River in Charleston, W.Va., on a foggy day

    Nine states face economic contraction, the most since the 2009 crisis. A Federal Reserve Bank of Philadelphia forecast predicts West Virginia’s economy will shrink the most of any state in the coming months. (F. Brian Ferguson / Charleston Gazette-Mail)  We at Boothe Global Perspectives have been charting economic trends for years and continue to see data that suggests a good probability of spreading recession ahead. No doubt the recent rise in oil prices as a result of the military execution of Iran's most prominent military leader has created uncertainty about the free flow of oil through the Strait of Hormuz. This could be a boom for oil drillers in Texas, New Mexico, Oklahoma, North Dakota and Pennsylvania but could be a negative for big trucking, big rail, airlines and many of the northeastern states that do not produce oil and use it not only for transportation but for heating. Generally, the addition of thousands of new American troops in the Middle East because of disruptions caused by the murder of an Iranian military hero will increase the U.S. national deficit. We do not know to what extent China and the USA will end or ease trade wars and tariff battles, but almost all economists believe that the trade wars have created far more economic loss and cost to Americans than anyone in Washington, D.C. imagined. But now in an election year, nine states are looking at economic downturns, including New Jersey, Kentucky, Connecticut, Pennsylvania and Oklahoma. Several of these were Republican "Trump" states, where he had promised jobs and growth. This could impact an election. We credit Bloomberg and the LA Times for publishing this online first, and compliment their research. Ben Boothe, publisher:  BootheGlobalPerspectives     ORIGINAL ARTICLE By BLOOMBERG JAN. 3, 2020     Nine states’ economies are expected to slide into contraction within six months — the most since the financial crisis ended more than a decade ago, according to the latest projections from the Federal Reserve Bank of Philadelphia.

     

     

    West Virginia’s economy is forecast to shrink the most, while a decline in neighboring Pennsylvania is anticipated to be the most severe since May 2009 during the tail end of the Great Recession, figures released this week show.…

     

  • Dec 16, 2019 | Politics  

    A BILLBOARD BOTH REPUBLICANS AND DEMOCRATS COULD HONOR

    Someone posted this image on the internet. It was supposedly a "mock up," and said to have been created by Republicans. If so, it suggests that both Republicans and Democrats -- all American citizens -- (not radical partisans) should honor the law, the truth, the facts. Whoever created it, it makes a valid basic point. AMERICA NEEDS THE WHOLE TRUTH...

     

  • Oct 26, 2019 | Politics  

    $10.5 MILLION IN UNPAID BILLS BY GOP PRESIDENTIAL APPEARANCES IN CITIES

    THE GOP, AS LED BY THE PRESIDENT, DEFAULTS ON $10.5 MILLION IN BILLS FOR CITY EXPENSES UNPAID FOR HIS POLITICAL CAMPAIGN...

     

  • Jul 2, 2019 | Politics  

    HOSPITALS REQUIRED TO DISCLOSE PRICES (BEFORE THE SERVICE) BY D.C.

    WHITE HOUSE ORDERS THAT HOSPITALS WILL GIVE FULL DISCLOSURES OF ALL PRICES AND FEES Order aims to reveal real health care costs By RICARDO ALONSO-ZALDIVAR, June 24, 2019 Our thanks and credit to AP for running this article by Ricardo Alonso-Zaldivar. WE HAVE BEEN CALLING FOR FULL DISCLOSURE OF FEES BY HOSPITALS FOR MORE THAN 15 YEARS...

     

  • Jun 26, 2019 | Politics  

    Kids, Poor Immigrants, Immigration, and Ethical Values of the USA

    Oscar Alberto Martinez Ramirez, his wife Tania Vanessa and his daughter, Valeria, near her 2-year birthday, hiked from El Salvador to escape the gangs, drug wars, corruption and dangerous living conditions...

     

  • Jun 12, 2019 | Politics  

    NEW REPUBLICAN TAX LAW FAILING, GREATER DEFICITS THAN EVER

    THE NEW TAX LAW IS NOT DOING WHAT REPUBLICANS PROMISED, BUT INSTEAD IS RAISING BUDGET DEFICITS AND COSTING OUR NATION AND MOST AMERICANS MORE. In fact, the new tax law has not created a budget surplus, it has only given financial gifts to big business and cut tax deductions, penalizing Americans and causing losses for most of them...

     

  • May 4, 2019 | Politics  

    Texas Lyceum, one of the most influential organizations in Texas

    May 3, 2019, marked the 40th anniversary celebration of the founding of Texas Lyceum. It was in 1980 that Texas Business Magazine published an article about the Rising Stars of Texas. The magazine had been running articles exploring concepts of encouraging and developing enlightened leadership...

     

  • Jan 15, 2019 | Politics  

    Republican Sheriff on Texas Border says, "TO HELL WITH TRUMP WALL"

    Politics in Texas, especially in rural Texas, are conservative -- very conservative. So when people like the Republican Sheriff who has to patrol the border, speaks out it reflects a broader opinion. He is in charge of a part of the southern border of Texas where Trump's wall is routed to go. He says, "To hell with the wall right now." I for one do not ignore local area sheriffs...

     

  • Nov 6, 2018 | Politics  

    Today, Tuesday Nov 6, 2018. VOTE

    VOTE TODAY This day, we have the privilege to vote...not as a Democrat or Republican, but as Americans. Be American, and voice your vote. I was number 1 in the line to vote in my neighborhood. Fun time, fun group of patriots. Be patriotic, VOTE! Ben Boothe, Sr. PS...

     

  • Aug 16, 2018 | Politics  

    A Free Press is the Best Friend the American People Have

    We join 350 newspapers in America in stating, "The free press of America is not the enemy." A look at the world indicates that only 13 percent of the world's population, ONLY 13 percent of people, enjoy a free press. Basic to America are "Freedom of the Press" and "Freedom of Speech...

     

  • Apr 16, 2018 | Politics  

    Montesquieu defined separation of powers in democratic government (throwing out tyranny)

    MONTESQUIEU (1689-1755) also known as Charles-Louis de Secondat, Baron de La Brede et de Montesquieu, was a man of letters, a judge, and a political philosopher in France. Montesquieu was an important voice in defining a philosophy of SEPARATION OF POWERS. His philosophy is important to the United States of America today...

     

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