A nightmare worse than Trump

Cackling Kamala

The Dems cannot dump her because she won the color-gender prize.

A subtle form of Kamalaphobia:

More Democrats in new poll want someone other than Biden as party's presidential nominee

It is a pickle. Biden/Kamala ticket and Biden is 82! Biden should back out, open the field. We can keep his corpse waxed up until then.

Yes, Afghanistan does have Talibunny Rule.

Taliban say failure to recognize government could be a problem for 'the world'

The same state that legalizes mass shootings

Texas Gov. Greg Abbott (R) signed a bill into law Monday that prohibits using certain restraints on dogs and makes doing so a crime in the State of Texas, according to the Texas Tribune.

Tortillas and wine

Biden: Pope told me that I should ‘keep receiving Communion’

I won three god's blessing said the biden to the pope.

Glorious, one more bottle for the two of us

Glory be, 

there ain't no more of us

The two of us can drink it all alone.

I got a raise from heaven

Said the pope to the biden

Glorius,

etc.

This from an old army song.

Unaffordable at the fixed point

NYC braces for fewer cops, more trash as vax deadline looms

This and defund the police. 

The emergency workers union is very expensive in most cities. They are a real pain in the ass. The existence of those unions is a violation of my right to a regulated militia.

Talibunny finance

The Taliban are begging for Afghanistan's frozen money to be released as the country's economy spirals into crisis

They are threatening to send their people in a huge massive refugee crisis across Europe.

Pinching boob on the job.

Andrew Cuomo charged over alleged groping of former aide: source

New York fire department implicated in mass murder plot

'PEOPLE WILL DIE'

Citizens advised to arm themselves and shoot to kill when approached by any fire department official.

Central America is devolving into Mad Max

A playground for celebrities like Gwyneth Paltrow, Tulum is famous for its Mayan-era ruins and pristine beaches. But Tulum and the rest of the Riviera Maya are increasingly becoming inundated by cartel violence. An American firefighter was kidnapped and murdered from an all-inclusive resort in July. In June, another American was wounded in a shooting that killed two other people when gunmen opened fire from jet skis. A man was executed outside a law office in Cancun this August, prompting additional headlines about how violence “continues to take over” in the region.

Civilization is lost, not to come back and thus the immigration crisis. 

Central banks have already screwed the pooch

The Taper Tantrum Has Begun: Australia's 2Y Bond Just Blew Up After The Central Bank Unexpectedly Refused To Buy It 

No need to fear a taper tantrum, they said. It's all in the price, they said. Central banks have made it very clear what they are doing and there will be no surprises, they said.

Well, they - as usual - were full of shit, because moments ago this is what happened in Australia where the central bank unexpectedly did not offer to buy the April 2024 yield target bond: the yield on the 2Y bond just exploded, doubling in the matter of minutes from 25bps to 50bps as the central bank's 0.1% yield curve control was summarily executed in broad daylight.

The Fed, for example, already caused a future nightmare when Bernanke discovered 'This Time is Different'.  Central banking is unstable, always has been. But badly educated econs have no clue.

Bernie, we are not a democracy and the Swamp fouls the fabric once a generation

Sen. Bernie Sanders says 'the very fabric of American democracy is in danger' if progressive priorities are left out of Biden's social-spending bill

I suggest you get used to the regularly scheduled fabric fouling. At you age you have gone to at least three fabric foulings.

Mish is scaring us again

 

Goods Trade Deficit Expands a Shocking 9.2% as Exports Plunge

Note, we currently have a small dash to liquidity and this all portends lower growth. I am not calling a recession, yet.

Cut the NASA budget by 50%, and the defense budget too

NASA Facing Massive $2.7 Billion Cost Overruns At Its Facilities

The Swamp need to be shut down

U.S. says Assange could go to Australian prison if convicted

We can off to fence the Swamp with either chainlink fence or brick wall. But the Swamp gas is way to dangerous for the nation.

A gaggle of delusional Californians control Biden

Midterm meltdown? New poll puts GOP *up* three in generic ballot

The Kamalites, all from California, all delusional as hell.

It is a two party system, Trumpsters and Kamalalites.

Who’s running, Joe? Biden says ‘Trump’ 24 times during Va. stump for McAuliffe

Stupidity reigns supreme in the Swamp. My Swamp gas theory seems more correct than ever.

A fear grows in Trumpworld: Have we gone too conspiratorial?

Trump again declares that Repubs should not vote. Maybe one of his best policies ever.

The Swamp is full of shitheads

Julian Assange In Court For 'Gamechanger' Hearing As US Seeks Overturn Of Extradition Ban

Julian should be given a medal for press freedom.  I would not trust our shithead government for one minute with Julian.

His two companies, Spacex and Tesla built using government socialism

Elon Musk on wealth tax proposal: 'Eventually, they run out of other people’s money'

My advice to Elon is keep your mouth shut on the issue.

The lesson is about a trillion in useless hardware bought by Repub small state senators

Could the Iran drone attack on US in Syria be message to Israel? - analysis

Ignorant asses and badly advised, though the House goes along. Never believe a Repub who claims to like small government.

Trumpster and the gun nuts lose election

If Terry McAuliffe Wins Virginia's Governor Race, Kiss The 2nd Amendment Goodbye

Neither Trump nor the gun nuts have any special skills I would vote for.

Mystery solved

Crew members on the set of “Rust” used guns with live ammunition and engaged in a pastime called “plinking” hours before Halyna Hutchins was killed, founder and CEO of The Wrap, Sharon Waxman, told CNN’s Don Lemon Monday night, citing information from an individual with knowledge of the set.

One of the guns used was later handed to actor Alec Baldwin, who fired the shot that killed Hutchins, 42, and injured director Joel Souza, The Wrap reported.

“There’s this pastime that crew members sometimes do, it’s called ‘plinking,’ and they go out into the rural areas and they shoot at beer cans. This is with live ammunition. We learned that this happened the morning of the day that Halyna Hutchins was killed,” Waxman said.

Never hang out with gun nuts. 

Can I bomb Syria?

Israel Says Russia Will Allow Continued Attacks On Syria After Bennett-Putin Talks

How far does Russian bomb permission go?

California politics are causing port congestion, says this trucker

Why the Cargo Is Stuck: Letter from a Trucker

California politicians have also jammed up Joe Biden and the executive.  California sort of fucks up the entire economy.

Make shit up time at the Supremes

Here we go: SCOTUS fast-tracks oral arguments for Texas fetal heartbeat law

They do not have any Constitutional fortitude for this.

If the fetus is human then it can be a dangerous human for the woman, and she has the right of self defense.  If that bothers the state, then the state can take the human into custody in their fetus farm.

It is simple Constitutional law, but the Supremes have long since forgotten about the Constitution.

Talibunnies discover government

But the Taliban insurgency’s lightning victory in August has yet to bring a long-promised paradise, says Rahmatullah. Instead, he fears, it’s revealing internal divisions, even resentment.

“We struggled and fought in extreme poverty. Now our leaders are ruling and have luxury cars and lots of facilities, but the majority of mujahideen don’t have salaries and their families are worse off,” says the fighter, who uses one name.

They be back to tribal law soon. 

What were oil prices in 2018?

 

JPM points out that we are retracing back to 2019 in oil shortage.

Prices were 70 bucks back then, but we have had inflation in those Texas oil fields. So, indeed a 85 dollar price is withing reach.  

But consumers already are slowing at 80 bucks.  Real growth for Q3 is coming in below one percent.

Trump said, 'Republicans do not vote'

Is Trump's influence waning in Texas? Election audit bill ignored during special session

They didn't vote, a clear victory for the Trumpster. I am going with the strategy:

Republicans do not vote.

Dems mis handled the revenue sharing

The Memo: Cuts to big bill vex Democrats

Twice, in fact. Nancy does not like revenue sharing, or she was badly advised.   Maybe this was all about the new kids, letting them screw up a bit. Maybe it was the delusional Californians.

Someone failed to understand, the government sector is a supply chain. The Dems are better to take revenue sharing cash and direct their home governments to spend it according to their wishes. 

The government in California gives it to the unions, yes, I get it. But I am not a union man and no Dem will take my advice. But they should at least know that supply chains need a grease job now and then.

Ten years yield 1.64

A seldom seen top to Treasury.

My prediction that oil would hold at 75 was good for two months.  

The dollar seems happy, according to last week. 

Higher oil prices and higher yields make life difficult for government. Consumer slows and  taxes drop while interest expense rises. I have a hard time mixing debt limit, taper, and oil in the same mix. Even a stable dollar now has an insurance premium overseas.

Oil hitting consumer zone

 Closer to 85 and rise becoming relentless.  This is where consumer slow down noticeably. But it is not peak, it is not a shock level, but it is at wary level. I hear rumors that shareholders of oil companies, domestic, want a period of profits with less development costs. This is part of the domestic inflation hitting development costs. Oil in the ground has higher future value. Higher oil is a hit on the dollar, and import prices quickly in response.

Xi Ping Pong learning the game from the Dim Kim Son

China’s Xi Flexes Power With Plan to Rewrite Communist Party History

All of us humans evolved from the Great Leaders ancestors.

The Trump game plan is don't vote

 Trump: If we don't solve the 2020 election fraud, Republicans won't vote in 2022 and 2024

Then the losses can be blamed on dems voting.

Oil drillers not yet for hire

 

Mining on the left s too low for a bunch of oil driller to have been hired.   Texas oil suffer domestic inflation.   That confounds petrobanks. The dollar is still holding even with oil up five bucks. 

Saudis keep dollar price just below US fracking costs as best they can. US domestic inflation can drive oil prices up faster than we think.

Our fuzzy intellectual is going full hippy

He is the new image of anti establishment for the Trumpsters. Once you become a Trumpster, there is no escape.

Oil staying around 80 after some bouncing, and yield at 1.57

 I didn't check the dollar. Talk of recession in the air, omigod.

California girls in the Swamp, surrounding Sleepy Joe.

Biden has an enthusiasm problem with Democratic women

They are learning how Swamp does business, it is not like the Franciscans that we have in California.

We have to watch the Cal girls least one of them push Joe down the stairs and blame it on the dog.

Sunni bomb Shia

Taliban official: At least 100 dead, wounded in Afghan blast

The Arab version of MoHummer, never liked Persians and their version of the MoHummer. Bomb them all the time, in Pakistan and in Afghanistan.

Iran is the guardian of the Shia, but Iran let's them get bombed, again and again.  Iran government should find more useful ideas than hating on the Jews.

My advice? Dump all the stuff, MoHummer and Chrisakes. Steady science, even from a simple level. I still marvel at simple science.

Our right to a regulated militia?

The Second Amendment Needs Defending

bearing arms is not the problem. The problem is our right to call a regulated militia for police duties, public or private. It is guaranteed in the Second, and we might like the gun nuts to focus on that.

Moving to Trump Fake News Net

"I got to tell you, I think Tucker Carlson is going to quit Fox News"

TFN offered him a spot after his years long practice with stupid. 

Limited government and NRO do not go together

 But we need your help to keep making the case for a limited government.

If NRO had good ideas bout limited government then we would not be in this mess.

Oil is hitting 80 and the dollar takes a dump

Texas is barely able to export at that price, they are being hit with enormous inflation in production with truck drivers earning some 15k a week! 

Texas Company Offers Truckers $14K A Week Amid Historic Driver Shortage

But the dollar dump has made imports from China extra expensive and consumers are slowing down with growth now project to drop below 3% in 2022. And for consumers, the 80 price on oil makes them watch their budget closely.

So, it seems there is a discontinuity, and the petrobanks need more work. Right now OPEC is calling the shots on this. Ten year yield is back up to 1.5, the FX insurance effect will be felt after the current dollar dump.  This all seems like real time knife edge stuff, day by day. I have no prediction at this point, no prices are stable.

Senator to abolish Senate insider trading!

SEN. WARREN TO DELIVER FLOOR SPEECH ON FED CORRUPTION AT 11AM

Oil broke to 78

 Maybe this is the tipping point.  Market down 1.5 points also.

Xi Ping Pong gone complete hysterical

The Next "Lehman Moment" - Will China Try To Create A Dangerous Diversion?

My favorite leftist is eating dirt

 

Progressives Blink First, Offer To Cut Spending Short To Reduce $3.5 Trillion Plan

Nice outfit.

Law and Order, Talibunny version

Kabul mosque targeted by bomb, ‘a number of civilians’ dead: Taliban

The seigniorage tax is today, not tomorrow

Government Debt Is Taxation Without Representation

From the St Louis Fed.

This fee gets passed won to middle class bank accounts and is about 2% on middle class money.

Real money today and is causing a nationwide Shay's Rebellion. This tax is why we will be making banker bot and deploying him every where using Eth proof of stake.

Interesting times

 Oil at 76, a breaking point in my view. But the ten year is now 1.44.  The dollar must be down, I dunno. 

The best guess it another minor dash for cash. Oil buyers do not like the price, but this price is not high enough to trigger much more Texas oil. The other consensus says UK and EU are in a recession and the USA ain't far behind with some eye dropping revisions of real growth down. And China is much closer to zero then we have ever seen.

Biden is worried about a sudden energy shortage and wants gasoline prices down. We need oil in the electricity plants to charge the electric cars. And taper looms, it will seem difficult for Powell to weasel his way out.

Down turn? More like the doldrums, really to noisy to notice zero growth. Unless something big breaks, the recession committee is not seeing anything but noise.

Burn a bunch more oil and call it Green

Putting Public Finance on the Right Side of History

 

With the urgency of the climate crisis becoming clearer by the day, governments and multilateral lenders must end public financing for fossil fuels and increase their support for renewables as soon as possible. This year's United Nations climate-change conference offers the perfect opportunity to lock in such commitments.

The Green Godot 

More drone

An autonomous robot may have already killed people – here’s how the weapons could be more destabilizing than nukes

The Swamp is a market like any other.

Biden floats $2 trillion price tag social spending package, pushing for cuts to salvage his economic plans

Trump will demand a recount

Most Trump Supporters Agree It's 'Time To Split The Country': Poll

Will anyone apologize for the plan to kill Pomeo?

Pompeo: "No Apologies" For Alleged Plan To Kill Assange

Trump's success relies on him losing

The nonpartisan elections administrator in the staunchly Republican Hood County, just an hour southwest of Fort Worth, oversaw an election in which Trump got some 81% of the vote. It was among the former president’s larger margins of victory in Texas, which also went for him.

Trump evidently demands this precinct, like the one in Arizona, show him losing votes.  Once the dumb asses finally prove Trump lost he can go around and cry about more fouls.  It is a never ending game of trying to lose, and it started with the Georgia runoff. He can get away with it because Trump voters are stupid  as they get, most of them cannot count past ten.

Biden is facing taper and has a three month continuing resolution

Biden heading to Hill, as Democrats scale back $3.5T plan

And he also has a huge bunch of young progressives with little knowledge of American government.

Threatening the revenue sharing agreement. In Biden's path is the median state group, and they are consistent voters in both houses of Congress. We shall see....

Infrastructure vote 'ain't going to happen' until agreement on larger plan, Biden says