Monday, February 28, 2022

Putin losing the logistics battle

Multinationals flee Russia, punishing Moscow

His economy cannot afford he war Ukraine is delivering for longer than ten days. He is having to move everything around, oil, parts, trade.  He is leading increasing numbers of soldiers stranded on the road.

Ukraine has friendly, supported, efficient trade in defense goods with western nations. Every day the Russians are kept out in the Ukraine countryside, the worse their logistics. Russians become dispersed, dis-connected. Putin's generals will demand pull back and consolidation.

Unprecedented Western sanctions strangling Russian economy

This is military supply. The military needs oil fast, but oil is their income. The military will need parts, soon. Otherwise armor units get stranded. The generals would prefer a pull back and consolidate.

Jamie and I want fat government checks

Jamie Dimon Warns SWIFT Sanctions May Bring Unintended Consequences, Can Be Circumvented

Saturday, February 26, 2022

Government greenies cause more global warming, not less.

Biden should put climate change front and center in State of the Union

California is the classic example. Choo choo trains running with empty cars.

Trump arrested for aiding and abetting the enemy

Trump Again Calls Putin ‘Smart’ and Blames Biden for Invasion

And once again insisted repubs should not vote. Tucker Carlson is hiding in his basement.

Biden says worthless and stupid things.

Biden says he hopes his legacy 'is that I restored the soul of this country'

It is the air in the Swamp, something in the four feet of raw sewage makes every Swampster delusional.

Rubio claims Putin more wacko than Trump

Is the top Republican on the Senate intelligence Committee trying to tell us something about Putin?

Another one bites the dust


Gundlach Is Moving DoubleLine's $134 Billion Money Management Arm To Florida, From California

California will flip, financially. Cal politicians live in a delusion.

Rick Scott plans mass shootings of Florida students

GOP senator dodges question over whether Trump should condemn Putin

And also lends his support to Russian invasion.  

The emphasis on accidental

 

Marco Rubio Accidentally Makes the Case Against Common-Good Conservatism at CPAC

Reason still has a sense of humor. An Rubio remains an ignorant fool.

I am all scaredy pooh

 

Russia's space chief responds to new sanctions by suggesting that the ISS would no longer be prevented from crashing into the US or Europe

He means Tucker, Trump and the conservatives

 

After years of Biden’s appeasement, it’s no wonder Putin thinks now is the time to strike

I might point out that Biden has not been president for years. It was Tucker and Trump who advocated for Putin's invasion. This seems to be some lame jerk at the NY Post.

Kamala vs Wannaqbe Latin American Dictator

DeSantis gets rock star treatment at CPAC
We are doomed.

Friday, February 25, 2022

Kevin Williamson at NRO is delusional

 Is It Time for an EU Army?

The title alone tells me he is way out of reality. NRO is a lost cause.

Tucker trying to prove he is a friggen idiot

On the eve of war, Tucker Carlson defended Putin. Now he’s backpedaling

Sounds like Trump had a change of heart, and Tucker followed. That would explain the appearance of idiocy. But maybe he got hit on the head, or always was an idiot.

Thursday, February 24, 2022

Utah senator agrees with Trump. Repubs should not vote

Hard pivot toward Trump proves costly for red-state ally


Utah Sen. Mike Lee faces a groundswell of opposition. His relationship with Donald Trump is at the center of it.

Mike Lee also wants Utah citizens to volunteer and fight for Russia, urges all Utah to migrate to Russia. 

NRO discovers that Rick Scott is a bonehead

Will Rick Scott’s Boneheaded Tax Proposal Matter in November?

Pick any subject and Rick Scott comes out as bonehead. He makes DeSantis look smart!

Wednesday, February 23, 2022

Ruskie will have a very long winter

 Ruble down 20%, stock market closed, economy cut off from trade.

The oligarchs will not like to see their yachts seized, or their wealth plummet. Today civilians  see a 20% price hike across the board.  China is not trading yuan for ruble at par, pre invasion.  

Ruskie was a dying breed, Putin got that right. One of the lowest birth rates and they took a huge hit from covid, still ravaging the soldiers in the field.  Europe seems angry enough with calls to deny Ruskie access to SWIFT.

Their economy will almost shutdown and the peons will lose faith soon as Ukranians hang in there. I think Putin blundered this, I see no gain in a victory for many years, and the Ruskie economy is not liquid enough to survive. Look for defections among the oligarchs first, then consumer protests will be wide ranging. Also look to the southern border with the islamostans as they press to take advantage.  Chechen rebels, in particular, will become active again, that show is not done.

Ruskie faced uphill battles to begin with, the last thing Ruskie needs is a long, drawn out  war bringing home many Ruskie bodies. Putin blundered, there is no doubt.

You are a dumbshit looking to work for Devin Nunes.

 Tucker: Unlike Democrats, Putin's never called me a racist

Did you go to stupid school? Devin requires everyone who works for him to have a low IQ.

The reason we refuse more taxes

Immense fraud’ creates immense task for Washington as it tries to tighten scrutiny of $6 trillion in emergency coronavirus spending

Hand out assault rifles and shoot up school children?

Rick Scott pushes own GOP agenda as McConnell holds off

He will always be remembered for participating in mass shooting of high school kids. He should retire and go away.

Tuesday, February 22, 2022

Dash to safety

 Russian equities to a 5% drop, initially and fell further. The ruble too a dump. In the USA our equities look to drop two points, maybe less. Our dollar is likely up qir the ten year yield down only seven basis.

It seems to me that Putin and his inner circle are being hit the hardest, in round one. Russia is not liquid in the financial sense, the inner circle of oligarchs has few places to hide money except in the west at low FX prices. Like the USA, the Russian central bank as reset convertibility prices back to Feb, but these price controls will cause inflation and dissent among the peons, including soldiers. 

Saturday, February 19, 2022

My favorite leftist

 

Ocasio-Cortez claps back after Tucker Carlson refers to her as 'entitled white lady'

Nice weave on the coat. Little cutie, did not know she was white, I thought of her as Puerto Rican, slightly brown.

Even Texas stop repub votes.,

 Texas Rejects Record Numbers of Ballot Requests After New Law

Trump is right, repubs have no safe place to vote and should skip the whole thing.

Wednesday, February 16, 2022

Tuesday, February 15, 2022

Who pays the one hundred billion in remits?

 Sweet Deal for Banks

The Fed currently pays banks 0.15% interest on reserves.

With QE at $8.9 trillion dollars, banks annually collect $13,350,000,000 interest annually on free money (QE) the Fed crammed down their throats.

Mish forgets the other side. Those remits are a tax collection, deposits do not earn fair market value in the balance sheet.   On net we have a 90 billion/yr tax on collateral, a bank tax.


Yields up, oil up, dollar stable

Treasury is paying one percent on year notes. The ten year reverted back to two percent. 

In the mind of a median senator, one more jump up and their pet project is threatened. This is sudden stop. Congress is also suffering a COLA jump across the board. Bear markets threaten Cal pensions. In this ripple of a shock, will Congress have he liquidity?  Can Illinois sneak by?

Consumer is threatening a strike, predicting victory in driving prices down in two years. Truckers are looking at a ten percent jump in fuel prices.

Crash? Nah, but we will slow. I think events drive us back to two percent real growth.

Monday, February 14, 2022

My favorite lefist

 


Work clothes. Highlights the long dark hair. Bare the teeth in aggressive laughter.

Not quite the rebellion Rand Paul wanted.

‘Destructive’ Rams fans take over downtown LA after Super Bowl win

But good enough.

Sunday, February 13, 2022

Easy drone targets

US F-22 fighter jets arrive at UAE base in wake of Houthi attacks

150 millions dollars a piece, wrecked by ten thousand dollar drone. Easily done.

Hopeless in the Swamp

'Bigger Than Watergate': Trump Furious After Durham Spy Scandal Bombshell, Demands Prosecutions, Reparations

Mostly a hysterical, vengeful, mentally deranged Hillary.

"Something Isn't Right" - 38 Lawmakers Demand Biden Undergo Cognitive Testing As Soon As Possible

The Swamp begets delusions. Among the pols and economists both. 

Biden’s climate agenda stalls, and progressives fume

Delusional Californians in the Swamp.

Government horse manure

Biden Administration Urges Court Not to Allow Release of ‘Secret Report’ on Dominion Voting Machines

If there is a secret that can assist hackers, then do not buy the machine.

One way to avoid hackers is to not use the internet to transmit official ballots. Duh! I mean, how stupid can Joe Biden be? He is the friggen president and here he tells us he has a secret method to hack our votes? The man is very badly advised.

We have no real alternatives, and perhaps the Swamp should be abandoned for the next six years, take a time out.

Mostly the defense department, and mostly under Rumsfield

 

Holding U.S. Treasurys? Beware: Uncle Sam Can't Account For $21 Trillion

From Forbes, well documented theft, Suggest we all go on a massive tax strike.

Central banks are unstable

Investors in European bonds are heading into this rate-hike cycle more vulnerable than they’ve ever been before, suggesting that the painful selloff of recent weeks could be only the beginning.

Bonds have tumbled this month as the highest inflation in decades spurs traders and bank analysts to outdo each other in betting on ever more hikes from the Federal Reserve and European Central Bank. The latter is now seen taking its key rate back to 0% this year.

And central banker look like goofballs trying to fake it. 

The voters trust that you will cheat anyhow

“I think that the public’s perception that members of Congress or other federal officials might have insider knowledge, that might be able to gain on that insider knowledge, is an unacceptable diminution of the trust that they could have in this institution,” Auchincloss said on Yahoo Finance Live (video above). “And right now, trust is the most important currency in our political sphere.

Since you will cheat in any event, I suggest you cheat in the open.  Honesty is the best policy.

Saturday, February 12, 2022

Friday, February 11, 2022

So does google

The senators, Ron Wyden of Oregon and Martin Heinrich of New Mexico, expressed alarm in an April 13 letter to Avril Haines, the director of National Intelligence and William Burns, the director of the CIA.

The agency said the programs involved “counterterrorism intelligence-related activities” that operated under Executive Order 12333. It also announced that portions of reports on the programs were being declassified, according to a statement on Thursday.

The senators, members of the Intelligence Committee, say that the agency “has conducted its own bulk program” and “has done so outside the statutory framework that Congress and the public believe govern this collection.” The letter, which was heavily redacted, did not indicate how long, exactly, the surveillance had unfolded, how widespread it had been, or what sort of information was collected and from whom.

So do credit agencies. Then they pay billions to search companies to find outliers.  I rely on the process, I use the google engine to promulgate technology, it is a lot easier than starting a company and works well.

Putin drugs tiny children

Teen skater's doping test draws global wrath against Russia

Peter Navarro demands Kamal throw out a repub victory in 2024

Peter Navarro Gets Testy When Asked If Kamala Harris Can Throw Out Election Results

I have no idea where Trump could find this amount of stupid.

It is always the Repub who attempt to steal elections

 How G. Gordon Liddy Bungled Watergate With an Office-Supply Request

From Nixon to Trump.

First Bullard now Biden

 Biden frightened the market toady by declaring the Russian invasion.

Bonds up, yields down. Just nine basis between five and ten year yields, that is flat. 

Oil now at 95. This is well into slow down range.

Thursday, February 10, 2022

In one day

 One day and the ten year rate on Treasury became the five year rate. That means the Swamp is suddenly in a hurry.

And we get this:



Wednesday, February 9, 2022

Black?

 


Monday, February 7, 2022

Saturday, February 5, 2022

Most of us would rather have a thousand a month in cash payments

California liberals seethe after Democratic legislature kills single-payer

The progressives missed that part. If they want to spend the taxes, then spend them on direct payments.

Kamala pre-cancels the republican victory of 2024

Trump responds to Pence rejecting idea he could overturn election

Proving again, Trump is correct, repubs should not bother voting.

Misdemeanor

 Last month we learned that Baltimore State’s Prosecutor Marilyn Mosby had been indicted on multiple counts of fraud and perjury involving her personal finances and the purchase of two vacation homes in Florida. The alleged fraud involved the abuse of a COVID relief program where Mosby claimed economic harm from the pandemic as an excuse to withdraw funds from her retirement account without penalty. The perjury charges stem from mortgage applications where she hid the fact that she currently had IRS leans against her after failing to pay her income taxes.

Small potatoes compared to the corruption we tolerate, even legalize, in the Swamp.  I commit these crimes as a reasonable basis for business.

Trump demanding that Repubs should refuse voting

Trump’s ‘circular firing squad’ threatens GOP midterm gains

I can go along. Anyone who supports Trump should not vote.

Friday, February 4, 2022

My favorite leftist

 

Carolla to Hannity: "If AOC was fat and in her 60s, would anyone listen?"

Looking cool in red with that lipstick.  Red and black are her colors.

Blown away

Oil at 92, ten year at 1.9. But dollar still stable, up.

Domestic inflation has overwhelmed Texas oil production, I think. Petro banks are losing control.

Wednesday, February 2, 2022

A misdemeanor by Swamp standards.

Congresswoman's bribery scandal takes shocking new turn

She bought out a political rival with a job offer, and cash up front. I do not see much wrong here, just the usual incompetence.