18 Comments

You made my day with the piglet cartoon. I’m going to buy him some matches.

Thank you

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There's alot of conditioning going on. It's not only Pavlovian, it goes deeper then that.

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They all suck. I got two days in the Facebook principal's office this week for this comment:

"Americans, being the dumb goddam critters they've always been, fall for this shit every goddam time."

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Well I’m on a current 7 day lockout for retweeting a story about the dangers of 5G and covid vaccine..they gave me same excuse..covid misinformation..I’ve not deleted mine yet..

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@EpsilonTheory also uses #BITFD. But won't that cause carbon emissions, adding to climate change? What was that ice sheet 7500 feet thick over North America a few thousand years ago?

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Great as always!

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They suspended me today for 6 days, they also suspended the @conspiracyb0t today. They are doing a purge. Sad!

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I just checked in with Manheim for their used car sales. They say wholesale used car prices INCREASED 0.7% in the first half of July. https://publish.manheim.com/en/services/consulting/used-vehicle-value-index.html

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Twitter is indeed governed by idiots. Our society has become so anti-Darwinian that at any given time anyone in a position of power is by definition an idiot. Twitter is afflicted not only by this but also by extreme wokeness, which coupled with anti-Darwinianism has a way of accelerating bureaucratic morass so significantly that destruction will only be proceeded by a short period of chaotic decline.

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What is the remedy for this:

"20% to 35% of the marketable federal debt comes due within the next year, and a similar proportion within 1 – 5 years. That’s well over half of the Federal debt to be replaced at higher rates in the near to intermediate future"

Are there basically three options: Congress could reduce spending, raise taxes, or the Fed could print more money?

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I don't know why they didn't issue a lot of debt when the 10-year was at 1.127%

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Nice update. Housing market seems like it’s heading the way of the stock market now. Fed is running a pump and dump.

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Excellent crystallization where the Fed's been & where they're headed - into oblivion, hopefully

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What would be an action that the FED can do right now to turn things around? Is there a lofty hope of a prayer that they don’t run this into the ground?

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I think getting rid of all their MBS is a first step back to sanity

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Getting rid of MBS would upset the House of Saud tho...

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Debt levels are insane. Then there's the derivatives black box, Euro dollar creation outside the control of the Fed, possible contagion from the Chinese banking nightmare, etc. etc. None of this would matter if sane measures were in place to protect small investors, and especially savers. But alas, those pesky rules got in the way of a handful of GS and JPM execs owning 17 McMansions in postcard settings across the globe. So of course, they had to be removed.

But at least Ghislaine Maxwell will be doing a couple of years at Club Fed for pimping kids to no one. So, there's that.

Serious question though, do you think people who normally do not pay attention to the insanely corrupt, ludicrously complex world of financial engineering are starting to grasp just how much it impacts their lives? It is really difficult to gauge what people really think. There is no reliable polling data that I am aware of. And of course, media and politicians will not touch the issue for obvious reasons.

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I definitely think more people understand the scam now than 10 years ago , but it's still a small number. 5%?

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