Holding U.S. Treasurys? Beware: Uncle Sam Can't Account For $21 Trillion
Sunday, February 13, 2022
Mostly the defense department, and mostly under Rumsfield
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
Hysterical psychic trauma
Democrats in a fury as Trump docs revive trauma of Clinton emails
Dem pols will be mentally ill for a long time
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.
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.
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:
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