California!

County Supervisors Blame Bad Policies - Not Climate Change - For California Wildfires

Fighting wildfires, he said, has morphed into a “self-sustaining” industrial complex, he told The Epoch Times.


“It is out of control. The intent is no longer to put fires out, it’s to manage budgets. It’s just embarrassing, and that’s what I do for a living. I would be the first to say it, and I’m on the record saying it,” Roen said.

In addition, interference from environmental lobbyists has turned forest management, forestry, firefighting, and wildfire prevention into a “train wreck,” he said.

“It’s just really frustrating. I’ve been in fire work for 25 years and what we’re doing today is not working. We’ve got to do something different because this is just getting ridiculous,” Roen said.

We enter the Mad Max phase of government.

Any fool who thinks California politicos can handle green had better think again.  Union payrolls occupy the top three priorities in California. 

Oil is struggling to get above 70

 Texas is still a marginal producer, but Texas will be hit with domestic inflation soon.

At that point, either the marginal price goes up, or the US rates push us into a slowdown. The slowdown is my nominal prediction. As that oil price rises the FX insurance industry raises the ten year yield by raising insurance costs.

Petro banks target the oil price level, FX insurers target its rate of change. Their corridor is their liquidity, and the actions of the Swamp shrink that corridor and we are subject to very volatile debt costs for Treasury.

Xi Ping Pong won't e reading my blog much

 China Is "Cleansing" Online Content Of Anyone Critical Of The Country's Economy

just say it: Evangelicals are psycho

It's time to stop rationalizing evangelical vaccine rejection

Dave French needs COVID to tell the truth.

I don't care, I need no excuse. Religious nuts are nutty.

Same general who got Uncle Sam in that Viet Jam

Gen. McMaster puts blame for Afghanistan disaster squarely on Biden - "self-defeat"

Same shithead that order trillions of useless defense hardware?  No one should believe a general.

This author forgot Iraq, also a filthy mess.

Echoes of Vietnam: America’s Careless Exit from Afghanistan

The problem are idiots like McMaster who claim the ability to build nations. I am reminded of Bernanke and 'This time is different'

They counted the Asian candidate

Breakthrough mayor’s race creates tough choice for Boston

The deep well of experienced, non-white candidates is widely cheered within the city’s Democratic apparatus. But the same milestone is proving challenging to navigate.

An idiot appealing to idiots

Howard Dean calls DeSantis a 'lunatic' over handling of COVID-19

DeSantis has no idea that some of us actually figure it out.   De Santis is part of the general lowering of IQ the economy suffers.

My Newsom recall vote

 I think I shall flip a couple of coins. 

Of the four possibilities, two say, I don't care, don't vote. My two other choices are keep Newsom or replace him with my dog on the write in ballot. Little Missie Poo Poo Butt, remember that name.

The extra year was an unpleasant surprise

The pandemic endgame isn't here yet. But if we play our cards right, things will start getting better in 2023.

We didn't expect the variants to be strong, an mRNA vaccines seem to have limited life. Now we are bummered.

Species Talibunny

 Taliban leader: Come on, Osama bin Laden had nothing to do with 9/11

The Swarthy look, like Albanians. 

Lives in near inhospitable climes in high mountainous regions. Known to cluster into a tribal governments. Generally poor fashion in hats, subject to bizarre religions.

The Pompous is a passerby

Mike Pompeo takes his own arrows over the Afghanistan collapse

I give Trump credit for Get the F Out, I give Biden greater credit for Got the F Out.

Pompous was clueless, start to finish. Forget about it, take   and forget about it.

There were enjoyable moments, moments for great film and movie. A fun game, often, for anarchist spectators like me. My personal view, Officially, Never Start, Get Out Now.

George Bush and his nation building nonsense

 150,000 Afghans who helped the US could be left stranded after the August 31 deadline, new estimate suggests

At the time we figured, WTF it is petty cash, let our dimwit president go national building.  We all knew the result, don't lie. You would have to be a fool to still believe in nation building.

As an anarchist, I would say we went out and caused chaos. We will get a couple hundred grand in immigrants in return. An anarchist would call it an even split, it was fun, doomed to fail, but it did increase chaos and we might get some round pegs into round holes. Forget about it.

Covid anxiety not over

 Bad reports are coming in that the delta is still very infectious and mRNA vaccines may be seasonal.

Data is already appearing with bad news that needs to be priced. The dash to safety may not be over.

Crude oil up, Covid anxiety over?

That recent oil decline came with  Covid fear and a rush to safety on the dollar.

How the oil bulls who see a rapid oil price rise are tested again. See if it passes 70 at a rapid clip.

Tip: Texas producers are lihter afoot this time around. At 67 we can see frackers promise  future deliveries. Near to 75 things look profitable for many more of them next door. Oil is not as volatile to US as near as 2007.

Inflation eats the frackers just as it does any other domestic holder of dollars. But their production is all about liquidity, literal. And they have petro banks helping out considerably. They have a spigot, linear across the frontier of the market. 

Let us divide up the 4.5 trillion, using more earmarks.

Pelosi floats offer to moderates to avoid budget clash

We have two numbers, the potential splits, and the skew needed to get this passed.

We have a total of 4500 billion at stake, and we will soon get enough earmarks to liquifiy all of it.

If we divided by state then each state gets 90 billion
If we divided by district then each district gets 8.8 billion 

The median state, the ones with about 5-15 house districts will split half to the senators and half to the districts.  They are median states because their house and senate votes tend to agree, and their governors know the game of fair distributions.

No matter what the choice, the small states win big, but prefer to split toward the senators.  The largest states, Texas, Florida, or California have governments that are deliberately ignorant about how this split works. But we will skew this a bit toward the House to collect enough votes in these large states.

The small states will still do great, likely picking up 10-12 billion per small state if the earmarks can sufficiently liquify the payments. Thus everything boils down to earmarks, which are stable coins.  We need enough of these stable coins to attract part of Texas or Florida to the cash payments. I am thinking another 300 earmarks on top of the 300 already added.

Next time we will see five Iranian drones swarming the F-15

US F-15 Jet Shot Down Iranian Drone After Getting 'Too Close' To US Bases In Syria

Someone remembered how to make chips

What Chip Shortage: Inventory At Leading Chipmakers Hits Record $65 Billion

We got dig hole, cut wood, and now make chip, not here though. Next thing you know we get a tiny blip in velocity.

We also got burn trees down to a science.

Largest Fire in California History Burns Over 1,200 Structures, Still Only 37% Contained

Some one got it right

Why Nation-Building Failed in Afghanistan

In viewing nation-building as a top-down, “state-first” process, US policymakers were following a venerable tradition in political science. The assumption is that if you can establish overwhelming military dominance over a territory and subdue all other sources of power, you can then impose your will. Yet in most places, this theory is only half right, at best; and in Afghanistan, it was dead wrong.

Of course, Afghanistan needed a functioning state. But the presumption that one could be imposed from above by foreign forces was misplaced. As James Robinson and I argue in our 2019 book, The Narrow Corridor, this approach makes no sense when your starting point is a deeply heterogeneous society organized around local customs and norms, where state institutions have long been absent or impaired.

The corollary  is that Bush the Little was a dumbshit.  We should cut the defense budget and tax idiot Repubs.

I have a live in housekeeper that goes on strike once a month

More than 20,000 California janitors vote to authorize strike that could start in September

But I am used to the filth and she is not, and I eventually win.

A make stuff up judge

California judge shuts down ride-sharing referendum result

But it matters not, he Cal Supremes are another 'make stuff up' court. It i a crap shoot out here. The US Supremes stay as far away from California Law as possible.

Nothing unusual

Minnesota GOP ‘in ruins’ after shocking scandal

The proximate cause of Carnahan’s departure was a firestorm that engulfed the party in recent days, after a GOP donor she was close to, Anton “Tony” Lazzaro, was indicted on federal sex-trafficking charges. A pile-on ensued, with Carnahan, the wife of Republican U.S. Rep. Jim Hagedorn, accused by party officials and former staffers of running a toxic, retaliatory workplace, mismanaging party finances and, through the use of non-disclosure agreements, squashing transparency.

“The party is in ruins,” Michael Brodkorb, a former deputy chair of the Minnesota GOP, said on Friday.

The two party system is not what we think. 

And Dem chaos in California:

Could writing in Gavin Newsom’s name save his tenure as governor? Here’s what we know

With polls tight, some voters are wondering whether they can prevent Newsom’s ouster even if he loses the recall.

I am writing in my dog, Little Missie PooPoo Butt. 

Hey Mr. Taliban, tally me boondoggle

 Daylight come and we want to go home

Biden found a job she might be able to perform

OAKLAND — Vice President Kamala Harris will hit the California campaign trail to rally Democrats against recalling Gov. Gavin Newsom.

Harris plans to swing through the Bay Area next Friday, according to Newsom's campaign, returning to her political home turf in the vital final weeks of the recall race.

Although perform is a relative term out here in California,  Perform means to act color-gendered, we never expected much more.

Whoops

74 students in quarantine after reports of COVID-19 at Saugus Union School District

And lots of dumbshit rural repubs

 

Texas lt. governor faces backlash after claiming unvaccinated African Americans responsible for COVID-19 surge

Wyoming, Montana, Idaho, Montana, North Dakota; not doing well.

South Dakota is a bit surprising in the blue. 

But Mississippi and Louisiana fail with large black population.

But one thing is for sure, the states with the dumbest Lt Governors is led by Texas.

Foreign powers discover they should not have attempted nation building

Facing backlash over chaos, foreign powers try to speed Afghanistan exodus

It is clear that Afghan has no government cohesion, never did. The Yanks should have led the exit as soon as we killed the islamnut.  Now we have a mess, and nothing can prevent the mess. The default status quo in Afghanistan is tribal civil war.

Western powers, and China, always get this nation building crap wrong in Islamo land. Islamics in their various varieties are always tribal.  Vietnam makes a nation, even Korea has a possible national outcome.  But central Asia or the middle east, forget about it.

Great news, now we can cut the defense budget

NYT: America's rush to the Afghan exits leaves Russia in charge of central Asia

Most of us who are tired of Repubs running up the defense bill

Who Will Believe Biden Now?

Like NRO repubs who would still have us fighting the Vietnam rice farmers. Exits are messy and I give Biden all the credit, and my vote, for getting us out of the mess, finally.

Then Rick Scott should face charges

FORT LAUDERDALE, Fla. (AP) — The former school resource officer accused of hiding during a South Florida school shooting that left 17 people dead will have to convince a jury that he wasn’t criminally negligent, a judge ruled Thursday.

Broward Circuit Judge Martin Fein declined to dismiss the child negligence charges against former Broward County Deputy Scot Peterson, the Sun Sentinel reported.

Rick Scott was the one handing out assault rifles to lunatics.  Then the coward blames the federal government.  What about all the Florida voters who literally voted to have their schools shot up?

Then we had Desantis advocating mass slaughter on the streets. At some point we just have to declare idiocy in Florida and give up.

Gov Abbot: Clueless in Texas

Texas drops mask mandate ban enforcement in public schools

Enforcement in the state’s public school systems of Gov. Greg Abbott’s ban on mask mandates has been dropped, for now, the Texas Education Agency said Thursday.

In a public health guidance letter, the TEA said enforcement was being dropped because of ongoing court challenges to the ban. The letter said the new guidance is effective immediately and further guidance will be issued once the litigations are resolved.

Next time, remember, Abbot is likely a clueless idiot.  Mostly good advice fr most politicians.

We be shutting schools again

Rice University announces switch to online classes for beginning of school year

Time to cut the defense budget

"Time for Biden to authorize military to stop rolling humiliation, expand perimeter at Kabul airport, and rescue Americans trapped behind enemy lines," Sen. Cotton told a Breitbart reporter. "Anything less amounts to abandonment of fellow Americans and shameful abdication of duty in moment of crisis."

The smaller the defense budget the fewer Tom Cottons we deal with. 

A little help from the dip buyers needed today

 Not much, just enough to leave a positive weekend.

I hae run into a few of the deranged in Fresno

‘He was hunting’: NYC man describes scaring off hatchet suspect before ATM attack

In fact, one of them tonight. Tried to scare me out of an empty wallet, but I just avoided him with a faster walk and he did not want to give up his shopping cart to run me down.

I also run into one at the corner store threatening everyone. For some reason I call this normal in Fresno. In Central California, I have always considered this normal, we just have deranged fucks, nothing to be done about it.  About 20% of us just have no idea how to live in civilization, we are still evolving out here.

A small landlord like me learns how to deal with the nuts. 

This guy from the NY Times opinion page has no clue:

Want to Solve the Housing Crisis? Take Over Hotels.

In the housing wars, two things seem fairly certain.
We, especially those of us who live in California, are in an escalating crisis of unaffordability and homelessness.
Nobody really knows what can be done.

The government cannot house many of the deranged because we need slum lords who know how to manage them,   Slum lords have skills the government agent will never have,

Out of sight, out of mind

Harris’ Asia trip carries new urgency after Afghan collapse

Something strange in the neighborhood

 

• S&P Futures
  4,363.50

  -31.00(-0.71%)

• Dow Futures
  34,640.00

  -247.00(-0.71%)

• Nasdaq Futures
  14,742.25

  -107.00(-0.72%)

• 
  

These indices have been tracking each other since they were .43 in the red. Maybe maybe Reddit traders are in a conspiracy, or we have a small group of large traders. If this is a spoof, then tomorrow he dip buyers will show up for a relative gains.

So far the dip buyers have come to the rescue. Can they hold out for the day?

And with oil at 63 we will be seeing some slight layoffs in Texas.

I doubt this would pass the US Constitution

 Texas Supreme Court rules runaway Democrats can be arrested

But in this case, like California, the US Supremes are too stupid and don't give a shit anymore.

The entire Swamp uses the prnciple

US Hemorrhaging Money From Entitlement Fraud & Waste

I makes no sense to distinguish sound government. The Swamp has none.

The dip buyers haven't shown up yet

Crude now at 65, and the ten year yield stable. Dollar must be going up. Otherwise we have another red day on the board. Looks recessionary to me.

Battles of he tax base

Senate Majority Leader Chuck Schumer wants to sneak a big tax break for the wealthy into a massive spending bill.

The New York Democrat's proposed $3.5 trillion spending bill includes "SALT cap relief" as a priority. By that, Schumer means lifting the cap on the state and local tax deduction. The Tax Cuts and Jobs Act of 2017 capped the SALT deduction at $10,000 per year.

This part throws a wrench into the reconciliation. 

The withdrawal went just fine

Don't Excuse Biden for His Botched Afghanistan Withdrawal

Reason Mag.

A bunch of delusional dumb shits at NRO may not like exits, but this exit went just fine. If the NRO crowd had their way we would still be fighting in Vietnam. The Yanks need to learn one lesson forever, Get the Fuck Out.

Needs a theme song

Stagflation in 2022 is the current 'dominant risk:' Infracap CEO

 

Petrol dollar under Saudi pressure

 

And the economic slowdown is not helping. This price is below profitable for most frackers.

There is not much wriggle room as any price above 75 likely causes recession.

Died in Saigon

Pax Americana Died in Kabul

And was buried in the Nixon Shock.

We're gonna need more dip buyers today

 Retail sales crapped out.

Two hours to go and ZH calls it:

Stocks Dump, Dollar Jumps As Self-Sustaining Recovery Narrative Collapses

A dash to safety that the dip buyers could not reverse?

It has come to this

Chicago activists want National Guard deployed across city to stop violent crime

56 shot, 8 fatally, in Chicago weekend gun violence

Whoops

 

The spread between PPI and CPI is at the highest level on record which will create further #margin #pressures on companies that can't pass on inflation to #consumers. Also, why #confidence is collapsing.

Lance Robert reporting.

PPI to CPI spread was is one of my indicators. Much of this is shipping costs.

But in the chart you can see this spread associates with recession.

Rush to safety day

 All red.

Dip buyers save the day.

Iranians don't like Talibunnies

Iran sets up refugee camps along border as Afghans flee Taliban rule

Tehran says it is preparing to house Afghans fleeing country with accommodation in three border provinces

These refugee camps become insurgent militia centers.  The Afghan civil wars will resume shortly. 

North, center and west; all the tribes don;t like Talibunnies. They all have safe sanctuaries. And none of the adjacent nations like Pakistan, the talibunny sponsor. Afghanistan is not, never was and will revert to tribal boundaries.

Islamonuits none too popular in Lebanon

Lebanese livid over fuel shortages and power outages as Hezbollah leaders face the heat

Dinner dates will be suddenly expensive

Texas set to become first state to make buying sex a felony

These kids are a year old

Study Finds Children Born During Lockdown Have Lost IQ Points, Impaired Cognitive Functioning

I doubt the accuracy.

I blame South Dakota Governor - Kristi Noem for Afghanistan

 For no apparent reason.

She is 145 years old and he dates teenagers

National Democrats reportedly quietly worried about Gavin Newsom recall, Dianne Feinstein's seat

And California does not fit anywhere, no one knows what to do with the place. I say, folks should flip a coin, or stay home or vote for:

Little Missie PooPoo Butt. She is a write in and is running eight place, I think.

Typical Latin American tin horn wannabe dictator

 A Florida school board member says Gov. Ron DeSantis is 'the mad king of the COVID era' and is causing 'panic' and 'chaos' in her district

Mostly bonehead.

Maybe not

The new inflation: Don't expect food or gas prices to fall any time soon

Since the end of 2020, consumer prices for gasoline, food, housing and most everything else have surged and there is growing concern about inflation. Individual price increases are not inflation; by definition, inflation is a sustained pace of decline in the value of money. It occurs when all prices are generally rising, causing the value of money to fall.

Let's look:

Is the dollar going o fall? a ybe, but it is not generally rising price, it is oil. The price of oil determines the value of the petrodollar. The petrobanks hve to lose the battle first, then we get a general rise in prices.

They may very well give up the petro dollar under pressure fro the Saudis., ut we have no evidence yet.

On the subject of dollar debasement I see a lot of cart before horse.  I think it will take an act of Congress to debase the dollar, and Congress does indeed do that once a generation. But not yet.

We reach a point where raising he debt ceiling does not help

If Congress fails to extend the debt ceiling, the US government will default and will not be able to pay its bills, and financial markets around the world, which have never seen this kind of clusterf**k before, will crash, and every member of Congress, the richest of them on top, will lose half or more of their assets in no time.

The point where  the next increment of debt absorbs the next increment of deposits. The treasury curve will not extend. The depositors simply cannot get an estimate of future debt in sequence to accommodate the arrival of the incremental loans. The system is over run.

John Taylor's delusion of central bank stability

The Fed’s State of Exception

Despite the recent surge of inflation in the United States, the Federal Reserve is keeping the federal funds rate in a range far below what its own monetary-policy rules would prescribe. But since history shows that this deviation cannot last indefinitely, it would be better to normalize sooner rather than later.

Central banks are a trilemma, John. No one is faking it anymore. 

If there is one rule for the Fed, it is to target its own trilemma, and we need to take that point of view. Otherwise we will suffer John Taylors yapping at us forever. 

A make shit up Supreme Court will not protect our rights

A Strange Worrying Turn In Assange Extradition Case

We can no longer assume any court will follow the Wash Post precedent.  And we have a narcissistic, vindictive old woman in a senior party position.  This is where we have fallen in America.

WHO confirms: Xi Ping Pong is Commie Rat

Head Of WHO Origin Probe Team Admits Communist China Ordered Them What To Write In Report

I am not beyond the pale on this.

 

Not a fear a reality

Apple employees fear that repressive governments could exploit a new feature that scans iPhones for child sex abuse images, a report says

The new feature is an ex post excuse for what has already happened.  Tim's sneaky leak has already been involved in sy scandals. 

Tim has single-handedly changed the way we will do Fintech, We have a delibeate sneak or an awful stupidity.

Making Rand Paul look like an idiot

Biden's big COVID challenge: Fading vaccines may demand boosters

I am going to hit below the belt

Greene waves off concerns of hospital overcrowding: 'We can't live forever'

Certainly not with that ugly face. 

I am trying to draw a conclusion

A Wisconsin Republican pursuing 2020 'audit' took taxpayer-funded trips to attend a conference with MyPillow's Mike Lindell and to Arizona to observe Cyber Ninjas' 'audit'

I am supposed to be upset at the corruption of an airline ticket and a hotel tab.

My problem here is that every single word in the headline reeks of one message: Trumpster fans are really stupid fucks.   I cannot draw further conclusion as the level of stupidity among these folks is beyond comparison.  

Did you actually go to war to protect these ignorants?

Crenshaw heckled at fundraiser for saying 2020 election wasn't stolen

Evolution in action

Census shows US growth driven by minorities; white pop falls under 60 percent

Women don't pour concrete?

Biden allies warn: Pass his agenda or lose women voters

In a new memo, obtained by POLITICO, the Center for American Progress said the economic recovery would leave women behind if only an infrastructure bill was passed.

The is not much new concrete in this bill, the 300 earmarks mostly liquified all the concrete plans. 

California broke with the US Constitution many decades ago

Berkeley law professors claim Newsom recall election is unconstitutional

The Supreme Court articulated this principle in two 1964 cases, Wesberry v. Sanders and Reynolds v. Sims.

 The recall election plausibly allows Newsom to get the boot even though a majority support his retention. Yes, that is against the US Constitution, but the US Supremes could give a shit. Too much of California Law is off the US scale that no one gives a shit any more.

So, our Bezerkely lawyers have a long haul in cleaning up California law to conform with the US Bill of rights.

300 earmarks make it a cash grant to state capitals, not infrasructure

McConnell stresses infrastructure's popularity with GOP after Trump criticism

I am not complaining, actually. But calling it infrastructure is part of the general war on cash.

The Swamp seems to be attacking pure liquidity in every venue, as if they want to eliminate the very dollar concept. Bu that is fine, with technology we can create niche money as needed, and the Senate did just that, created a niche money, earmarks, to obtain liquidity.

That would be more green house gases

And yet, the Biden administration Wednesday called on Saudi Arabia and its allies to unleash more crude onto global markets, stressing the importance of “affordable energy.”

There is no liquidity management

Liquidity Is Evaporating Even Before the Fed Taper Hits Markets

The Fed has wiped out the domestic banking system. Congress is not exiting their Fed subsidies.

I am not sure what innocence means here

CUOMO STEPS ASIDE

MAINTAINS INNOCENCE

I think he is claiming he never got an actual blow job in spite of wasting his career trying to get one. 

When Trump threw the Georgia Senate runoffs

Senate Passes $3.5 Trillion Budget Blueprint With Party-Line Vote After Caving To Amendments On CRT, Defunding Police 

Then he caused this. Trump is not a Repub, he never was. He is a third party.

I prefer extend the recess and delay the budget

House to cut recess short, take up Democratic budget plan

House members are nutty as t is, why not give them a rest?

Tucker lost twenty points of IQ somewhere

 Tucker Carlson says Democrats refuse to appear on his show, call him a 'white supremacist'

He needs to get a brain scan. Did he suffer a bout of Covid?

Trumpsters, not Dems, were doing the election cheating.

Trump asked his AG about legal strategy to overturn election, Rosen tells senators

Islamonuts in action

Lebanon's Economy Quickly Collapsing Amid Hyperinflation, Power Outages

Along with government corruption.

Petrodollar, petrodollar

 Will Central Bank Digital Currencies Doom Dollar Dominance?

As long as Texas is free to export oil the dollar is stable. And it also helps to have a stable FX insurance agency in Japan.

Another Politico stupidity

Mandatory Covid vaccines for troops are coming. What happens if they refuse?

The answer is in the word 'mandatory'. Try a dictionary/

How about the dozen or so dead American astronauts?

The Russians “have a worse record than any other major space power,” David Burbach, a space expert at the U.S. Naval War College in Rhode Island, told The Daily Beast. “China landed a rover on Mars on its first try, while every Russian attempt to reach Mars since 1990 has failed.”

Xi Ping Pong executes bio-warfare on his own people

Could The Delta Variant End The Chinese Communist Party?

He is just like Desantis, out wannabe tin horn dictator.

Could this be related to all the anti-mask laws?

Abbott appeals for out-of-state help against COVID-19

The governor is taking action short of lifting his emergency order banning county and local government entities from requiring the wearing of masks and social distancing to lower the COVID-19 risk

Yes, Guv Abbot, you are an idiot.  Now you have frigged the state and who would want to go there and get Coivd?

No one expected a different outcome

Grim Afghan news raises risk for Biden of Taliban takeover

Let someone else deal with Talibunnies.

No one is fooled

Don't Be Fooled By The Bipartisan, 'Paid For' Infrastructure Bill

We are mostly full blown Ricardans running for the hills.

Chicago is going full war zone

Chicago cops give cold shoulder to Mayor Lightfoot at hospital after two officers shot

The bankruptcy of the Illinois system is being exposed on a wide scale. Biden will be under pressure for another, the fifth?,  stimulus. Thre union cost of putting a cop on the street is unaffordable.

My home town spending Covid funds

 Fresno commits $2.5M toward affordable housing development and projects. Here’s the plan

Boomers retiring suddenly

Insanity: There Are Now 1.4 Million More Job Openings Than Unemployed Workers

That would be Janet looking for taxes.

Washington wakes up to crypto influence amid infrastructure fight

Nothing

 How much will California’s EDD scandal cost Newsom in the recall election?

EDD are some set of initials which I am too lazy to look up. You will vote  Newsom if you like public sector, that is all.  I consider the situation to chaotic to determine an good outcome.

Better idea, write in Little Missie Poopoo Butt

She is seriously up to the job/

Ten yar yields are back to 1.3 but dropping a bit

 The recession scare is over. Oil is close to 67, meaning it has not changed in 15 years. The dollar will likely hold or get a bit higher. I think we are headed to our standard 2% real growth.

Jazz Shaw missed the whole point

Apple will be scanning your phone for child porn

Tim Cook has decided to keep the NSA back door open. Tim has decided to cooperate with an Israeli company called Cellebrite.  Cellebrite uses Tim back door to break the iPhone, and the NSA pushed Tim into a corner so he leaves this back door open.

Tim was having a hard time squaring Apple's own desire to spy with Cellebrite's ability to reuse Tim spy network.

Apple is out of the game, they were pushed on this many times and the best that Tim could come up with was,'Spying on child porn?' Give me a frucking break.

Did he perv put the moves on her?

Cuomo’s top aide resigns as governor faces harassment furor

And did she. in fact, boink the perv? And, any pics?

Bombing Talibunnies again

B-52s lead new US airpower onslaught to stop Taliban advances in Afghanistan

I think we should let the Ruskie have another go at bombing Talibunies.

Rand Paul was ignorant as a turnip regarding viral immunity

Rand Paul today: “It’s time for us to resist. They can’t arrest all of us .. No one should follow the CDC.” He then says he will introduce amendments to defund any govt agency that seeks to enforce CDC guidelines, including schools.

As I pointed out many times.

Now it has dawned on him that he is an ignorant frig, and he makes up for it by courting the antivaxers.  What an embarrassment to his supporters.

Fentanyls cause brain damage

A New Study Finds That Reducing Pain Medication Is Associated With an Increased Risk of Overdose and Suicide

Why beat round the bush,.  Doctors who reach for the fentanyls first are dumber than shit.

Any pics?

Chris Cuomo ‘has a lot to say’ about brother’s sex scandal, CNN host says

More cops on pension stampede

‘We Get Spit On. We Get Things Thrown At Us’: A Look At CPD’s Rising Retirement Numbers

This time in Chicago.

It is about Apple and the NSA cooperating with the Isreali Spy service

"This Is About Control, Not Children": Eric Weinstein Calls Out Apple's Virtuous Pedo-Hunter Act

Now a whole class of international politicians are looking for another smart phone, as will million of Chinese.  This happened quite some time ago, Tim was forced to admit to he conspiracy.

No matter how well-intentioned, @Apple is rolling out mass surveillance to the entire world with this. Make no mistake: if they can scan for kiddie porn today, they can scan for anything tomorrow.

They turned a trillion dollars of devices into iNarcs—*without asking.* https://t.co/wIMWijIjJk

— Edward Snowden (@Snowden) August 6, 2021

 

300 earmarks make it a stimulus deal

Senate infrastructure bill slowed in last lap by lone Republican

I wouldn't expect a politico writer to notice. But those earmarks are a good ting, they liquify the deal and allow the cash to be used for ongoing expenses. The earmarks are quite effective as endogenous stable coins, If we are too stupid for  revenue sharing then earmarks are the next best thing.

Resign, be fired. What is the difference?

 160 San Francisco Sheriffs' Deputies Threaten To Resign Due To Mandatory COVID-19 Vaccine

It is not a threat, it is a done deal, they are out. And I doubt anyone cares.

Taliibunnies winning?

US embassy to Americans: Get out of Afghanistan now

Tim cook is deliberately leaving the door open

Privacy is Apple’s brand. The company brags that it has created “the most secure consumer platform in the world” — but its pretenses are misleading, and that does real harm.

Last month, researchers led by Amnesty International revealed that an Israeli company had developed spyware that had breached the vaunted iPhone, allowing it to track all your phone calls, messages and digital transactions.

Privacy is no longer Apple's brand.  The NSA has gotten to Apple, and Google never supported privacy. Microsoft is still hanging on. The result will be a failure to regulate crypto, the inability to protect the drones and continued data rnsomware..

Velocity one in money implies the government channel is brokken

Democratic governors tie themselves to Biden

Federal money from the coronavirus recovery plan has become a key early piece of Democratic governors' 2022 reelection arguments.

States and localities cannot find taxes.  The federal bailouts pay fr pas obligations, mainly pensions and moves straight to some government insurance agency and back into repo. this will not last and we will get sudden stop in the Swamp.

Britney busted for slipping the nips.

Britney Spears’ dad reveals he recently discussed possibly placing singer back in mental institution

But he said he got a call from Jodi Montgomery, who is in charge of the singer’s personal and medical affairs, on July 9 pleading for help over Britney’s “recent behavior” and mental health.

This is about the Spear tittie.  Like  say, Britney needs to run off with a bunch of dykes and relax a bit. She will never get off the psycho drugs while under control of Dad.

Pension stampede among the cops

 ‘They’re worn out’: LAPD contends with hundreds of officer resignations, retirements after protests, pandemic break out

My motto: Retire early and often.

Marjorie Greene: Stupid is as stupid does..

The major hospital in Rome, Georgia, north of Atlanta, is being overrun by Covid patients, mostly younger, unvaccinated folks. This is Marjorie Taylor Greene’s district. Floyd, Polk hospitals will begin restricting visitation Monday.

Her and DeSantis, simply clueless. 

Tim won't take the risk

Apple's Plan to "Think Different" About Encryption Opens a Backdoor to Your Private Life

Tim is not supporting bearer asset technology. This throws more chaos back on Congress, and Congress is quite ill informed.

New tech creating chaos

Cryptocurrency clash complicates infrastructure bill's path forward

Gray Davis fouled energy pricing

 Gavin Newsom has made mistakes as governor, but none so bad that he should be recalled

Gray was around when my county up and gave them selves a billion dollar pension bonus, on the credit card. But we have long since descended, any governor has chaos on the hands.

Mostly complaining about rules foisted onto brokers.

Coinbase CEO Warns Of "Sweeping Surveillance Of Crypto Holders" In Infrastructure Bill

We will also get sweeping over the counter markets. 

The regulators need to rethink this a bit. The prefer trading pits with tax compliant traders. At least make those efficient.

Most of us are tax compliant, make it simple for us to prove that. Then when we trade government need not be suspicious.  

You mean the other welfare bums

 

Bring Back the Tea Party

Someone at NRO looking for a loyal opposition, as if a bunch of Trumpsters isn't enough.

They are not Tea Party, they love the king and want him glorified enough to hand out another set of government jobs.

WHY NOT?

Mexico Sues US Gun Makers For "Arming The Drug Cartels" In Unprecedented Federal Filing

Let the chaos begin

UPDATE: New Poll Shows Newsom Facing Near Dead Heat in Recall Election

Has Newsom tied in fifth place.

Little Missie Poopoo Butt, Your write in candidate.

Where are the dip buyers?

 A few days in the red looks bearish.  But it is not completely a shock, the medical systems have gained some practice,k and are on duty.

How many variants will we have? Delta is the second in as many years, but consider all the variants that failed, never saw a chance to re-produce? There is a finite limit, a small number of correcting sequences available to repair all the evolving defects. The reason: Covid lives by its good aerosol properties, and there are fewer options for making the sphere, especially one well sealed with a fatty layer. Eventually Covid collapses to another transmission form, less reliable, less infectious.  It is too delicate to survive the bio chaos it faces.

DeSantis us clueless

Florida poll: DeSantis falls behind Crist as COVID-19 cases surge

And still thinks he can be tinhorn dictator.

Earmarks are inefficient

$1 Trillion Infrastructure Bill Hits Snag As Senators File Nearly 300 Amendments

We should just use revenue sharing.

Whoops

Biden: Cuomo must go

Hunting blow jobs on the company dime.

Trump Fans are dim bulbs

According to 

@swin24, people around Trump have raised the idea of him using his platform to urge diehard fans to get the vaccine, but “he doesn’t want to do it, he doesn’t want to do Joe Biden any favors, and he doesn’t think his fans really want it.”

One candidate, anyway

Trump raised millions but spent none of it on audits and GOP candidates

The one outside group the former president supported during the first half of 2021 was his own.

 

Hopefully he changed attorneys

Trump attorney says he will fight release of tax returns

This attorney better not be the nutcase who told Georgia repubs not to vote, and cost repubs the Senate. Trump's lawyers are dim bulbs generally.

Covid resurge causing chaos

Air travel hits another pandemic high, flight delays grow

Everyone changing schedules and plans because the covid delta was yet another shock.  Likely we will be revising growth estimates down.

The 'Date' is a common legal contract

Woman dies after sweltering hike with man she’d just met

They 'dated' as a hike. 'Date' means together, begin to end, safely.

It seemed tame

Miley Cyrus performs at private Hamptons bash for crypto billionaire

No mention of the nipple nor drawer.

Spending slow down?

Stealth QE Is Over: Treasury Projects Adding $350BN In Cash By Dec 31, Reversing "Liquidity Tsunami"

Or maybe just rolling debt now that the Fed is collecting hefty taxes? Why not hold the debt limit and just focus on refi?

The Fed is always late in reporting taxes collected, and there is some arbitrage on occasion. The debt limit is one of those arbitrage points.  Roll over as much debt as we can onto the Fed sheet, hen set the debt limit, then report taxes collected. We get debt refinanced, but end up with quite the rebellion when the scam is discovered.

We are tired of Islamonuts

We cannot stand by and watch Afghanistan collapse

Not worth our effort.

Looks like a global downturn

 Covid Delta resurgence is having its effect.  Treasury curve is flattening.

The California governor is a fart in the wind

 Gavin Newsom says California recall could help GOP in 2022, have ‘consequences nationwide’

The chaos is much bigger than some tin horn in Sacramento.

They bought government

Square to Buy ‘Pay Later’ Company Afterpay for $29 Billion

Net value price seems about right.

Government shutdowns are good practice

Missed debt ceiling deadline kicks off high-stakes fight

They have costs, but it allows us time to figure exactly what is going on in government.