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  • Writer's pictureLeRoy Cossette

DID TRUMP GET LUCKY???

A far-left leaning news outlet released a story entitled “Trump Gets Lucky Again.” The problem is that Trump didn’t get lucky, America got bad news about the economy and inflation rates created by the Biden Administration. Their story line begins with “The once and possibly future president just got incredibly lucky, yet again, as February’s inflation data came in hotter than expected. Forget the headline rate, which looks back a full year. Just based on January and February, consumer prices rose by an annualized rate of 4.9%.”


What they did get right in their story was that this is “bad news for Biden” as it makes clear how desperately America needs Donald Trump back in the White House and Republicans back in the Congress to correct this devastating burden on the citizens of our Nation.


The Democrat run Federal Reserve had expected to be able to begin an interest-rate-cutting campaign before the November presidential election. They expected five quarter-point rate cuts before voters went to the polls thus boosting President Bidens chances at winning.


As of today, they’re only expecting two. Even hopes of the first rate cut, once expected for the Fed’s meeting in March, are now being pushed back until at least June with markets now thinking there is a one in three chance the Fed won’t even start cutting rates until July 31 at the earliest. 


Most important for the economy, and the election, are longer-term rates — and especially those on mortgages. Those drive the housing market. For a brief period late last year, rates were coming down sharply. Not any longer.


After dropping from a peak of 7.8% in early November to 6.6% at the end of 2023, they have started climbing back up again. If you’re looking for a new 30-year fixed-rate loan right now you’ll pay an average of 7% exactly, according to the latest data from lenders compiled by Bankrate. Ouch.


Biden’s team once hoped that inflation, and high interest rates, would be far back in the rear-view mirror a long time before election day. Not anymore.

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"American Insanity" officially released for sale.


Please visit my web site: https://www.americaninsanity.org for a Chapter-by-Chapter summary of what is addressed in each Chapter and the links to purchase my book.

If preferred, you can google "American Insanity by LeRoy (Le) Cossette" which will provide you with all of the most popular points of sale.


 "American Insanity" attempts to address what happened to:


The Nation of diverse individuals and institutions which together created—families, schools, congregations, neighborhoods—to advance their ideals and realize their dreams;

The Nation that encouraged equality for all citizens and embraced the inherent value of every single human being God creates—born and unborn;


The Nation of citizens that could reaffirm the Constitution’s fundamental principles: limited government, separation of powers, individual liberty, and the rule of law;

The Nation which once denounced bigotry, racism, sexism, antisemitism, ethnic prejudice, and religious intolerance which recognized God–not government–as the Author of these principles;


The Nation that stood strong against tyranny and were willing to fight at home and abroad to protect the lives and fundamental liberties of all people;

The Nation of a growing economy that gave everyone—regardless of background--a chance in life, an opportunity to learn, work and realize the prosperity that is made possible by the freedom we held dear;


What happened to that once proud Constitutional Republic?


"American Insanity" addresses these questions and more!

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