A recession in America is a long way off. President Trump is going to bring back jobs to America. Canada's Prime Minister Justin Trudeau picks his replacement as Prime Minister and former central banker Mark Carney. The Dow Jones and S&P 500 hit new records and hit new all-time highs on Monday morning. China's growth is slowing, the Dow hits new records, and the dollar hits new lows.
00:00:00.000Hello everybody, I'm John Fossett with this Great America Show midday update for Monday, March 10th.
00:00:04.980Happy Monday, folks. I hope you all had a great weekend. You're ready to start your week like I am.
00:00:09.720Marxist Dems doing all they can and cheering as much as they possibly can for a recession.
00:00:15.360For Donald Trump to fail, for the U.S. economy to fail.
00:00:18.920Now, these are American people. These aren't foreigners. These are Americans.
00:00:22.400They're our mainstream media. They're the Marxist Dems that surround us.
00:00:26.740It's many of these people. They're cheering for Donald Trump to fail, which means that we all fail,
00:00:32.940which means the U.S. economy fails and the world economy fails because they all fall in line with the U.S. economy.
00:00:38.820Commerce Secretary Howard Lutnick was on with none other than NBC's Meet the Press.
00:00:45.240I call it Meet the Marxist, honestly, because that's what it is.
00:00:48.080Kristen Welker, concerned there's going to be a recession. Take a listen.
00:00:52.580Kerry, consumer sentiment is dropping. Inflation has ticked up. Major banks like J.P. Morgan and Goldman Sachs now say a recession in the next 12 months is becoming more likely.
00:01:05.840Should Americans brace for a recession?
00:01:57.540And remember, each trillion of investment in America is 1 percent of growth GDP.
00:02:02.820So Donald Trump is bringing growth to America.
00:02:05.580I would never bet on recession. No chance.
00:02:09.360Folks, that's no dumb man. That's Howard Lutnick, as I said, the Commerce Secretary, former CEO of Cantor Fitzgerald.
00:02:16.100You guys remember probably Cantor Fitzgerald, the firm that lost an overwhelming majority of their staff in the horrific attacks of 9-11.
00:02:25.460Howard Lutnick, a great man taking care of the families of those people.
00:02:28.840But as you hear him, the optimism in his voice, it's the optimism, I think, in all of us who support Donald J. Trump, who support America.
00:02:36.440Because this isn't a matter of supporting or not supporting Donald J. Trump.
00:02:40.400It's a matter of supporting America and these Marxist Dems, of course, rooting against America because that's what they do.
00:02:47.200President Trump, his fight for Greenland, he's not giving up.
00:02:51.360President Trump is vowing to invest billions of dollars into Greenland and create new jobs if the Greenlanders decide to join the United States.
00:02:59.620President Trump saying, quote, as I made clear during my joint address to Congress, the United States strongly supports the people of Greenland's right to determine their own future.
00:03:08.340We will continue to keep you safe as we have since World War II.
00:03:11.600We are ready to invest billions of dollars and create new jobs and make you billions of dollars.
00:03:17.860President Trump, as I said, not giving up his fight for Greenland, and we'll see how that plays out.
00:03:24.780The Department of Government Efficiency, under, of course, Elon Musk, has identified more than $300 million, ready for this, in COVID-era loans that were granted to children.
00:03:36.020You folks better go check your children's piggy banks and see if there's some spare chains laying around in there.
00:03:41.220According to Doge, they have identified that Small Business Administration, the SBA, granted almost 5,600 loans between 2020 and 2021 for $312 million to borrowers at the time of the loan listed as the owners of 11 years old.
00:03:59.760As I said, if you've got kids or you've got grandkids, go check the piggy banks because they might not have told us something.
00:04:05.680And Canada, moving from one Marxist to the next, the Justin Trudeau era is coming to a close, with the governing Liberal Party selecting former central banker Mark Carney as its new leader and the eventual Prime Minister, soon to see.
00:04:22.540The contest for the next Prime Minister from the Marxist side of the parties in Canada came to a close last night, Carney winning almost 86% of the vote.
00:04:30.780Carney bested former Finance Minister and Deputy Prime Minister, Chrystia Freeland at 8%, former Cabinet Minister Karina Gould at 3.2%, and businessman and former MP Frank Bayless at 3%.
00:04:45.440So, we'll see what happens next with Canada.
00:04:49.220Perhaps demonstrating a lack of enthusiasm, the approximate 400,000 Liberal members who registered to vote in the leadership contest,
00:04:56.200it's being reported that just 152,000 of them actually voted.
00:05:02.640So, now we'll wait and see which direction the country of Canada is going to head down.
00:05:07.420Are they going to head down further Marxist left or try to find somebody on the right who will lead that country into a golden era,
00:05:17.160much like we're going to have here in America in due time with President Trump as our leader and our commander-in-chief.
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00:05:59.200I'm John Fawcett with this midday update.