The Schaftlein Report

Topics: 1) A Failed First Year Presidency 2) Harry Reid and John Madden passed at 82 and 85 respectively 3) Illegal Immigrants being flow into northern cities with Identity Kits on a large percentage of flights 4) Covid Guidelines keep changing and States are now in charge? 10 days versus 5 days? Numerous industries and sports leagues impacted 5) Women swimmers are ticked off at male transgender dominance at Brown University and others 6) Unemployment claims of 198K at lowest level since 1969 - Total on Unemployment falls to 1.7M collecting checks 7) Twitter suspends mRNA vaccine creator for saying Kids don't need the vaccine 8) MVP Manchin signals support for repeal of Trump tax cuts in 2022? 9) Happy New Year to ALL

1) Flight Cancellations due to Omicron swamp the Nations Travel 2) Fauci recommends Domestic Vaccine Cards to travel 3) Bowl Games Canceled due to Omicron and NFL games are moved 4) VP Harris disastrous Interview on CBS News - She blames Domestic Voting as the central threat to the U.S. *You've got to be kidding me - No she was serious - Amazing incompetance 5) Blue City Crime Wave - 2,200 shot in Philadelphia this year surpassing NY, LA and Chicago - 521 Killed 6) Biden approval hits record low of 36% and the reason behind it 7) Only 5 states (CA, Hawaii, MD, MASS and Vermont approve) of the job Biden is doing

Topics: 1) Has Harris Flopped as A VP? The liberal NY Times says she flopped - She probably didn't read it because she was busy fixing the border crisis…Nah! 2) The Supreme Court fast-tracked vaccine mandate suit - Does that mean they will agree with mandates for public companies, or will they strike them down? When will they issue a decision—will they wait for June as they do for most rulings? 3) UH Oh-More Bad Inflation News - Per he the Bureau of Economic Analysis US inflation rose 5.7% in the 12 months ended in November-Highest in almost 40 years. Will it continue, grow? - How will it affect the mid-terms in 11 months? 4) Biden-Manchin, Who Misled Who *Biden said Manchin said he misled Biden - It wasn't true and the White House walked it almost immediately - Will Manchin switch parties? 5) Tomorrow is Christmas Eve - Everyone Talks about their favorite Christmas songs or favorite Christmas movies, we discuss our favorite Christmas episodes of TV Shows

Topics: 1) Reactions: *Schumer - Vows a vote on BBB and focus on Voting Rights changing the Filibuster - 85% of Americans support Voter Photo ID *Warren - Pack the Court *AOC - Crisis in Democracy *American People do NOT Support the Radical Left Agenda and its Failures 2) Biden approval plummets: *Independents: 29 - 66 approve/disapprove **Whites: 40 - 56 ***Hispanics: 33 - 65 3) Biden considers appeasing the Radical Left by extending deferment payments on student loans scheduled to resume on 2-1-22 - The public does not approve of this 4) In Crime ridden Blue cities, Radical District Attorney fight back against Liberal Mayors and Normal Police chiefs *12K cases in LA county not prosecuted 5) In today's Housing Report, prices are up 14% for single family homes and the average price is now $354 - Inventory is down 13% *High end home prices are rising faster, $750K to $1.0M up 37% and homes over $1.0M up 50% **Low end homes below $250K down 19% 6) Inflation is Taxation without Legislation - Only partially true as Biden policies lead us to massive inflation outbreak hurting families 7) Biden being compares less favorably than Jimmy Carter fairly or not 8) Biden praises Trump for Operation Warp Speed on the vaccine and virus research

Topics: 1) Jared gives us a Preview of his thrilling book *Are there parallels today to Tiny Mistakes leading to the Disasters in America? 2) Fallout form BBB Failure cascades as the Democratic Blame Game begins - Radical Rep. Bowman of NY calls Manchin a Racist - Who cares what he says - He's a loser *Claims the money from this bill would go to Blacks, Hispanics, women and poor people - Crocodile tears for Bowman *It failed because it is a FAR LEFT WING POLICY FAILURE - We do NOT want a Socialist Welfare State! - Sen. Schumer vows vote in 2022 3) Biden shifts focus to combat Omicron - 500M test kits to be send to Americans 4) Biden considers releasing $10B of Assets to Taliban frozen under pressure from Radical Squad members 5) Mayor Lightfoot of Chicago finally seeks help from ATF after unprecedented rate of homicides and gun violence tops 830 murders 6) In good news, Biden and DHS to use materials left at unfinished Wall sites to complete work

Topics: 1) Manchin kills Build Back Better Bill, saving America from a wild socialist spending spree 2) Democrats, Media, Hollywood and Never-Trumpers are angry - Pressure campaign did not work 3) Manchin called "disloyal" - Schumer vowed vote in 2022 - Biden's back in the bunker - AOC is furious at the Senate 4) Amnesty is dead 5) McConnell strategy on first bill proved a winner 6) No $300 child tax credit extension 7) No crazy climate legislation 8) No paid leave 9) Omicron is surging around the globe 10) Two more democrats retired from Congress - bringing the total to 22 11) PBS/NPR/Marist Poll have Biden at 41% - and 55% do not trust Biden or democrats 12) Gangs, smugglers, and criminals surge at border 13) Inflation squeezes families at Christmas

Topics: 1) The "Taper" is reduced to $60B of Bond purchases in January from $90B this month then winding down the program by the end of March *Dr. Michael Busler provides analysis along with the Pitfalls and Opportunities of the policy shift. The ECB increases Bond Purchases? 2) The stock market roars ahead after the announcement - Easy money ending and clarity of the rate hikes or is there something else at work here *Easy money is the drug the stock market craves 3) Wholesale PPI up 9.8% while the 10 Year note hovers near 1.50% - What does the bond market see ahead and will Inflation come down? 4) The $1.75T Build Back Better Bill is temporarily stalled on the Senate - Action not likely until 2022 5) Weekly Jobless claims total 206K, the 4 week average is the lowest since 1969 - 1.84M Continuous Claims which is the lowest since the beginning of the Pandemic 6) We have 11 M job openings and we are still 3M jobs below the pre-pandemic levels - Are Retirements to account for this shift? 7) Half of Voters believe Biden Policies are making Inflation worse - Inflation is at a 30 year high *"Transitory' may have been the worst Fed prediction EVER 8) How will raising interest rates coupled with a Labor Shortage and supply chain disruptions tame inflation? 9) Projections for 2022!

Topics: 1) SF increases Police Budget amidst huge increase in crime - residents have had enough 2) Chicago 7 shot and 4 killed just yesterday - 12 BLUE cities experience RECORD Homicide Rates 3) The NFL funding to organizations include "DeFund the Police Groups through "Inspire Change", the NFL's Social justice arm *Some organizations support Open Immigration, no police and No Prisons - What is this about? 4) Vaccine Mandates return to NYC and LA + many parts of CA - Google to fire Unvaccinated workers *Many health care providers are not enforcing the mandate due to shortages of qualifies people 5) In you won't believe this - The Biden Administration is blaming high Meat Prices on Meat companies as they look for any excuse for their failures 6) Congress Voted last night to raise the Debt Ceiling by $2.5T to $31.4T - Only 1 Republican joined the Democrats 7) Senator Manchin still not in agreement with Democrats and Biden on $1.75T Build Back Better Bill - CBO and Parliamentarian also obstacles 8) To show how out of touch the Democrats in Congress are, last night they passed a bill about combating Islamophobia globally strictly along party lines 9) DeSantis looks to ship Illegals to Biden and Obama hometowns 10) Gross domestic Production is forecast to be 3.9% in 2022 - Will rising Interest Rates cool the stock market? Many stocks are already in severe correction mode 11) While sitting at a 40-42% approval rate, Biden predicts Democratic wins in 2022 midterms - What else could he say?

Topics: 1) Federal Reserve kicks off 2-day policy Meeting - Will Bond Purchases end in March paving the way to higher Interest Rates? Tapering? *Will Interest Rates go up and how fast? Will this cause margin compression in high growth stocks? **Or will Inflation peak, growth accelerate and interest rates gradually rise? 2) Wholesale Prices were up 9.6% in November, the Fastest on Record EVER 3) Inflation is running at 2X Wage gains - If Inflation is so bad and forecast to be with us for longer, why are bond yields still so low? 4) The S &P 500, Dow Jones 30 and the Nasdaq are all within 2-5% of All time highs - Is the strength of the top 7 Mega Cap Stocks masking weakness in the over-all market? 5) In a sign of the times in the Crypto Market, Bitcoin is down 30% from its high while Dogecoin rallies 20% because Musk says Tesla will accept it for merchandise *Is this the greatest SCAM since the Dutch Tulip fiasco? Selling worthless securities that are not classified as such?

Topics: 1) Kentucky Tornadoes - 64 deaths and 105 unaccounted for 2) Inflation hits 6.8%, the highest since 1982 *Gas up 58% -Used Cars up 31% - Rents up 19% - Food up 6% - Apparel up 5% 3) Putin amassing troops and equipment on Ukraine border 4) CBO claims the Build Back Better $1.75T Social Welfare and Climate bill will add $3T to the Deficit if all programs are carried out for the full 10 years *Democrats tried shorter term funding and gimmicks to try getting around this - Senator Joe Manchin is highly concerned 5) Chris Wallace leaves Fox for CNN+, Brain Williams signs off from MSNBC 6) Hillary Clinton - If Trump runs and wins, it could be the end of Democracy - LOL 7) IRS collects $565B in first 2 months of fiscal year - A RECORD! 8) 48% of Americans believe Biden is not "Mentally fit" to be President 9) Minneapolis and City counsel now fund Police at almost the same level as Pre- George Floyd - so much for DeFund the Police... 10) Biden blames poor poll numbers on Misinformation and Corona Virus 11) 60% of Republicans want Trump to run in 2024 - 37% of Democrats want Biden to run