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He Vetoes, He Scores!

Daniel Chase

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The adage “get back on the horse” is used to describe a situation in which a person or group of people reattempt an activity after having previously failed. As the example explains, if one were to fall of a horse whilst riding, assuming no grave injuries were caused, they should muster the courage to try once more. Now, this adage assumes that the person or persons who “fell off” during an activity has the ability to try once more. Sometimes a situation presents itself in which there is simply no point of trying, but it takes awhile to reach that point. 

Over the course of the last few months, President Donald Trump has caused uproarious anger among members of the Democratic Party. The Dems are furious that President Trump has continued to attempt to declare a national emergency to allocate funding to construct a border wall along the US-Mexico border.

Initially, Trump threatened Democrats with a government shutdown if they failed to acquiesce to his demands, and, as many of you are aware, he made good on this threat. Back in January, Trump shutdown a quarter of the federal government including the Department of Justice, Interior, and the Department of Homeland Security.

Immediately following President Trump’s introduction of his panicked declaration, Congress unilaterally passed a resolution terminating Trump’s actions. Naturally, this made the president very angry, and several people close to Trump suggest that we won’t like him when he’s angry. While that’s all well and good, a good amount of people don’t fancy him in general.

Moving forward, earlier this month President Trump exercised, for the first time during his presidency, his right to veto a resolution passed by Congress. As for the bill in question, Trump vetoed Congress’ attempt to terminate the national emergency declaration. 

The House on Tuesday pulled out all the stops to override Trump’s veto but, to no avail, their efforts failed. According to Vox, in order to override a presidential veto, House Democrats “would have needed two-thirds of the chamber’s support, or 290 votes. They were 42 votes shy, despite convincing 14 members of the Republican Party to join the cause. Despite the disappointing attempt made by the House to stop Trump’s veto, Speaker Nancy Pelosi (D-CA) tried to find a silver lining for the situation. 

“Whether we can succeed with the number of votes is not the point. We are establishing the intent of Congress. The president has decided to be in defiance of the Constitution, to deface it with his action. Both houses of Congress in a bipartisan way sent him a bill that said this is how we will address border security. He had to sign the bill to keep the government open. Trump defied the Constitution with his action. Congress has overridden that. He did veto it.”

Nancy Pelosi (D-CA), House Speaker

The Trump administration made an incredibly bold move in overriding the actions of a bipartisan-backed congressional resolution.  To some this may be just another disagreement from President Trump, but to others this is an indication that Trump is stubbornly determined to do whatever it takes to get what he wants. Congress will do what they can to defend the constitution and stop Trump from using funds otherwise allocated for a true national emergency.

The National Emergencies Act of 1976 allows any sitting president the ability to determine, at her,  discretion what constitutes a true emergency. Taking that into consideration, I’m not sure how President Trump’s arguments will hold up in court when he tells a judge that our nation is under threat of siege along out Southern borders. 

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Energy

Where Will Oil Go After This Week’s Price Hit?

Jon Phillip

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Even though oil had been taking a beating over the last 2 trading sessions, its price rose to $69 per barrel on Friday. However, oil prices are experiencing the worst week of 2019 mainly due to potential economic slowdown and ever-growing oil inventories. US oil inventories have not been this high since July of 2017. And to top it all off, the trade war between the US and China is growing wearier every day further affecting oil prices.

Naeem Aslam, the chief market analyst at TF Global Markets, stated, “Clearly, bargain hunters are back in town.” He later added, “However, it is still set to record the worst week of the year and this is due to the increase in trade war tensions between the U.S. and China.”

Global Scale

The global benchmark for oil, Brent Crude, has experienced a decrease of 5 percent this week. However, Brent Crude this morning climbed $0.98 to value each barrel at $68.74. Due to US sanctions and voluntary supply cuts, a floor under prices held. Market analysts are expecting the oil market to recover off of the price floor.

“It is reasonable to doubt whether Saudi Arabia will be willing to step up its output given the latest decline in prices, […] we therefore expect to see higher oil prices again in the near future,” Explain analysts at Commerzbank.

In order to make the market tighter, the Organization of the Petroleum Exporting Countries has been cutting oil supplies since the beginning of the year. 

Brent Crude’s prices reflect that the supply and demand of oil is tightly knit. According to UBS, Brent Crude should get back to $75 this month as supply gets tighter and tighter.

“Compliance of OPEC and its allies to the production cut deal remains high, while production from Iran and Venezuela is likely to again trend lower this month,” explains analyst Giovanni Staunovo,

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StockPrice.com Friday Morning Update – May 24, 2019

Joe Samuel

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New Systems & AI Trigger Innovation In Security Industry; Can Lockheed Martin Adapt?

Threats to people’s lives are constantly developing across the globe. In order to mitigate the growing fears of international conflict, security and defense companies have continuously innovated. Living in constant fear is never sought and these companies understand that. Security innovations allow people in the US to walk around freely at the park or go watch their favorite artist at a concert with little to no fear.

New Potential for the Security Industry & Security Stocks – Click Here


Two Massive Growth Industries, One Choice for Investors

Two of the fastest growing industries right now in the United States are on-demand technology and cannabis. These two industries are at the epicenter of growth and investors aren’t being shy about their appetite for companies in these arenas. But one company, in particular, has developed a unique business model that services both of these massive growth industries.

Click Here For More Information


The Delivery Market in the Age of Convenience; Can GrubHub & Uber Adapt?

As the internet grows and develops, people and services become more connected. Thus, the food delivery service industry has blown up over recent years. Big players like UberEats (UBER), Postmates, and DoorDash are making big splashes against competitors like GrubHub (GRUB). These companies only represent a fraction of what delivery services can become.

Will This Be The Future For Delivery Stocks As We Know It? Click Here

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New Systems & AI Trigger Innovation In Security Industry; Can Lockheed Martin Adapt?

Joe Samuel

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Threats to people’s lives are constantly developing across the globe. In order to mitigate the growing fears of international conflict, security and defense companies have continuously innovated.

Living in constant fear is never sought and these companies understand that. Security innovations allow people in the US to walk around freely at the park or go watch their favorite artist at a concert with little to no fear.

New Potential for the Security Industry & Security Stocks

While developing security protocols and machines to fight threats overseas is important, home-grown threats have become a point of concern for US citizens. Mass shootings have increased, and the Muslim radicalization of American citizens is prevalent as ever. In order to make people safer, Liberty Defense has come to fill that hole.

Liberty Defense Holdings Ltd. (SCAN.V) is developing HEXWAVE to revolutionize how facilities get secured. HEXWAVE can be used to detect any kind of weapon through 3D imaging. The technology utilizes both quickness and indiscretion to produce warnings of potential threats while respecting people’s privacy. 

While the product is still undergoing testing, Liberty Defense Holdings Ltd. (SCAN.V) has been taking steps to put HEXWAVE in front of the public. The company recently announced signing a memorandum of understanding with Utah’s Attorney General to beta test HEXWAVE there. The technology can be tested at sporting events, amusement parks, schools, and government buildings.

Bill Riker, Liberty Defense’s CEO, stated, “HEXWAVE can be applied in a variety of settings to provide a means to identify possible threats before they advance into attacks. We are excited that the Attorney General of Utah recognizes the potential value of this technology and the opportunity it provides for enhanced security in the state.”

What’s Should Be Expected Of Defense Companies?

When people think about the US armed forces they marvel at the gear used from tanks to jet planes. Most people do not take the moment to think where the US actually gets its arms from.

Report: This New Technology Could Transform A Multi-Billion-Dollar Industry!

One company responsible for US defenses is Lockheed Martin (LMT). Lockheed Martin develops and manufactures missile systems, aircraft, and training systems. They even provide cybersecurity services to governmental figures.

While Lockheed Martin controls a large portion of the defense industry, they show no signs of slowing down. Recently, the company made progress on its new production facility in Alabama. It is expected to be a 225,000 square foot facility to fulfill US Air Force needs.

The construction is expected to be finished in 2021. Executive Vice President, Frank St. John, explained, “All our employees come to work with an unwavering commitment to help our customers succeed in their mission to create a more secure and prosperous world.”


security defense stock
Disclaimer: Pursuant to an agreement between MIDAM VENTURES, LLC and Liberty Defense Holdings Inc. Midam was hired for a period from 04/15/2018 – 5/15/2019 to publicly disseminate information about Liberty Defense Holdings Inc. including on the Website and other media including Facebook and Twitter now extended through June 21, 2019. We were paid $350,000 (CASH) for & were paid “0” shares of restricted common shares. We may buy or sell additional shares of Liberty Defense Holdings Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. FULL DISCLAIMER HERE




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