Archive for October, 2015

U.S. Economy Hits The Brakes in Third Quarter

October 31st, 2015 Comments off

The U.S. Commerce Department has released GDP growth figures for Q3, and they are not pretty, After a much trumpeted growth figure of 3.9 percent in Q2, the American economy grew only by a lackluster 1.5 percent rate in the third quarter of 2015. This is essentially stall speed, and far below the nation’s economic potential.

The poor GDP data is undoubtedly another excuse that the Federal Reserve will use to continue its indefinite delay in normalizing (meaning raising) interest rates. Monetary policy continues to be the essential life support the U.S. and wider global economy has depended on since the global economic and financial crisis erupted in 2008. Seven years later, the world-and especially the United States-requires money printing to goose up the GDP growth data, with a diminishing level of success.


DONALD TRUMP 2016: America’s Next President? is available on Amazon:…/…/B0156PAAVM


Sheldon Filger's photo.


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October 22nd, 2015 Comments off

When Donald Trump first announced his candidacy for president of the United States in the 2016 general election, he was immediately dismissed by political pundits and media commentators as a publicity-seeking billionaire, with no chance of ever entering the White House as the nation’s chief executive. The summer of 2015, which would become known as the “Summer of Trump,” would prove them all wrong. With the slogan MAKE AMERICA GREAT AGAIN and urging voters to board the TRUMP TRAIN, real estate mogul would quickly emerge as the GOP frontrunner, sowing panic in the ranks of the Republican Party. establishment.

Why did the media experts and political consultants fail so conspicuously in reading the political landscape in America? How was Donald Trump able to connect so effectively with a large part of the electorate? Can Trump win the Republican Party’s presidential nomination, and prevail in the general election? If Donald Trump is elected America’s 45th president, can he implement his agenda, and how effective a president would he be?

DONALD TRUMP 2016: America’s Next President? offers an objective look at the state of American presidential politics and Donald Trump the candidate. Sheldon Filger provides a fresh perspective on the Trump presidential campaign, avoiding the partisan stereotypes that typically dominate any discussion of Trump and the 2016 presidential election. The author presents the case that America is undergoing a radical revolution in political affairs, and the Trump phenomenon is an inseparable outcome stemming from the growing alienation and disaffection Americans harbor toward the nation’s political elites.

The presidential campaign of Trump has stumped the GOP establishment, with the ‪#Republican Party in near shock over the radical revolution occurring in American presidential politics. The slogans MAKE AMERICA GREAT AGAIN ‪and  TRUMP TRAIN have overwhelmed traditional Republicans. So have Trump’s policy positions, including immigration, taxes, trade and the economy.

In his analysis of Donald Trump and the 2016 presidential election, Sheldon Filger provides the reader with an opportunity to view the real estate mogul’s ascent in political viability within a broader context of national malaise, and crisis within the body politic. DONALD TRUMP 2016:America’s Next President? not only explores the vices and virtues of the celebrity candidate running for president; the book is also an indictment of a political culture that across the land, but especially in Washington DC, has evolved into a dysfunctional failure.

DONALD TRUMP 2016: America’s Next President? is available on Amazon:…/…/B0156PAAVM

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Sheldon Filger's photo.

Trump Continues To Lead in GOP Presidential Race

October 17th, 2015 Comments off

The “Summer of Trump” is now the “Autumn of Trump.” Donald Trump continues to maintain his lead over all other challengers for the Republican Party’s presidential nomination. The latest Reuters poll has the following data:

Trump  31%

Carson 21%

Bush  8%

Rubio 7%

Fiorina  5%

Paul  4%

Trump has been the frontrunner in the GOP presidential race since July. Despite many predictions  from pundits, Donald Trump not only has help onto his lead–he is very far ahead of his opposition, with only Ben Carson holding a double digit poll number. Jeb Bush, who was early on predicted to be the early frontrunner, has instead faded into the political sunset.


How Donald Trump shocked the political establishment & media in 2016 election-Amazon Kindle eBook-click: 

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Donald J. Trump-Frontrunner in 2016 Presidential Election

October 11th, 2015 Comments off

The “Summer of Trump” is now the fall, and Donald Trump maintains a commanding lead in the race for the Republican Party’s 2016 presidential nomination.

How Donald Trump shocked political establishment & media in 2016 election-Amazon Kindle eBook-click:


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Global Economy Increasingly Vulnerable To Another Financial Shock

October 4th, 2015 Comments off

Seven years after the outbreak of the global economic and financial crisis, there are growing indications that the temporary solutions that were largely imposed through monetary policy by central banks are becoming increasingly ineffective. In all likelihood, a new global downturn in economic growth is in the cards.

The weakening economic data from China, slowdown in the U.S. economy’s job growth, worsening data in emerging economies and the Eurozone, not to mention Russia, collapse of commodity prices and volatility in the equity markets are all indicators of distress. Furthermore, the continuation of near-zero interest rates by major central banks many years after the “Great Recession” supposedly ended means that there are no more arrows in their quiver when the next major global recession strikes.

One other factor to be assessed are the fantasy employment numbers in the United States. While the official unemployment rate has supposedly been cut in half since the darkest days in 2009, in reality labor force participation is at historic lows (, revealing that the American economy is functioning well below its potential. In addition wage stagnation, and the latest revelation from the Bureau of Labor Statistics that earlier job creation figures were highly exaggerated (, demonstrates that even the U.S. economy, supposedly the healthiest on the planet, is manifesting growing signs of structural weakness.

In the wake of the global economic and financial crisis of 2008, policymakers in major economies made a bet on the same financial sector that unleashed the worldwide systemic disaster. Their decision was to engage in massive, unprecedented fiscal indebtedness and monetary loosening to prop up the investment and commercial banks, in the hope that this would stimulate reinvestment in the general economy (“main street”) and revive sustainable economic growth. There is growing evidence that this gamble made by decision makers in the world’s major economies is faltering. With staggering levels of sovereign debt, and central banks across the developed world having expanded their balance sheets almost to the point of infinity, the policymakers are left only with hopes and prayers that another massive crisis does not strike on their watch.

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