Fed Chairman Jerome Powell says economic activity has been solid lol

 10-year Treasury yield rises after Fed keeps rates steady, notes ‘solid’ economy

... “Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has shown some signs of stabilization,” the post-meeting statement said. “Inflation remains somewhat elevated.” ... 

“I think, and many of my colleagues think, it’s hard to look at the incoming data and say the policy is significantly restrictive at this time,” Fed Chair Jerome Powell said in a press conference. ...

The economy should be three times the size it is, $90.4 trillion in GDP instead of $31.1 trillion.

 

 

Senator Thom Tillis gives as good as he gets

 

White House Deputy Chief of Staff Stephen Miller is the evil energy at the heart of Trump's death star, brain-dead Kristi Noem simply follows his orders, and soulless J. D. Vance retweets him

They all have to go.

 

The White House wants you to know that totalitarianism is the final solution to illegal immigration

 

Border Czar Tom Homan is so full of shit

 Tom Homan’s Bid for Minnesota Reset Begins With Series of Demands

MINNEAPOLIS—Tom Homan, the White House border czar, arrived here with a series of demands for Minnesota’s Democratic leaders. Topping the list: an agreement from them to turn over more immigrants from the state’s prisons and jails, people familiar with the matter said. ... Walz has said the premise of the demand is false. “They’re taking credit for people that we’ve had in jail for a long time,” he told reporters Sunday. “We always hand them over.”

Oh, so that's why Border Patrol was in front of Glam Doll Donuts on Saturday. They were just looking for inmates.

 

 

Spot gold hit a peak of $5,181.84 per ounce as of 03:57 p.m. EST today, silver hit a record high $117.69 on Monday

 -- Reuters

The dollar is crashing is the stuff of hysteria

Chart showing US dollar crashing...

 

They do not remember 2008.

And they use an index, .dxy, which many now consider obsolete. 

The dollar is strong. 

 

 

Kristi Noem lied to our faces just like Greg Bovino, can't tell the truth about the small things let alone the big things

 

House Democrats tell Trump: Fire Kristi Noem or they’ll start impeachment proceedings against DHS chief

 

 

Silver hit a record high of $117.69 on Monday

 -- CNBC

Gee, I thought the GOP controlled all three branches of the federal government, how could this be happening?

 

Left Making Huge Progress Toward Letting Illegals Stay

Byron York, DC Examiner

 

Byron York presents a fair statement of the current immigration situation, but never questions the wisdom of the current policy.

 

Yes indeed, Americans want illegals deported, and Trump is spending billions upon billions trying to do just that, but even apart from the resistance being encountered in Democrat-controlled cities, the numbers just don't add up in all the places York says Trump is succeeding.

 

Byron says there are nine million new illegals because of Joe Biden. Trump has deported 600,000 so far, and is likely to be lucky to wind up deporting just 2.4 million. The vast majority of them will still be here when Trump is long gone.

 

Clearly the policy is ineffective, on top of being brutal, unjust, murderous, and a huge waste of money.

 

Trump is ominously expanding the federal infrastructure of a tyrannical police state which a future president might find all too tempting to use to impose gun confiscation, for example. He keeps demanding local cooperation with federal enforcement, which the courts have said violates the Bill of Rights. This impulse is authoritarian, not American. 

 

Trump should have spent what little political capital he won in 2024 by pushing a legislative solution to immigration which placed severe penalties and jail time on persons and companies who hire illegal aliens, and by imposing strict federal regulation against social spending on, and social privileges like drivers licenses for, illegal aliens.

 

Mitt Romney was right that we have to turn off the magnets which attract illegal immigration. Rounding them up one by one is a fool's errand.

 

Give a man a fish and he'll be back tomorrow with his family for five. 

Kash Patel is incompetent and he needs to go, too

 

WH Corrects FBI: Law-Abiding 'Have Right To Bear Arms'

Philip Wegmann, RCP

 

From my lips to God's ears

 

This little prick has to go

 

Lying New York Post reporter with a BA in English says Pretti's crime against the state was attempting to separate the ICE agents from the demonstrators (!) using a firearm (!)

 

 ... Protester Alex Jeffrey Pretti was part of the street-side struggle, according to video, and became the center of a scrum of roughly six officers who tackled the 37-year-old after he attempted to separate ICE agents from demonstrators. ... Bovino claimed Pretti approached officers with the weapon and “violently resisted” agents when they attempted to wrestle the gun from him, he said in a news conference.

More. 

The Supremes long ago ruled against the totalitarian state that Trump keeps demanding

Local authorities don't have to cooperate on immigration, or on anything else.

Based on Supreme Court precedents like Printz v. United States (1997), courts have held that the federal government cannot command state or local officials to administer or enforce federal regulatory programs, including immigration enforcement.

Real Clear Politics should know better than to repost this bullshit. 

Dems Must Cooperate With ICE, End Sanctuary Policies

President Trump, Truth Social

Gold to $5110.50, silver to $110.11

 

Everybody knows Trump, Vance, Noem, Bovino, and Patel are lying through their teeth to America about Alex Pretti

 

Videos of Alex Pretti shooting by federal agents in Minneapolis contradict Trump official claims

Relying on electricity for heat seems kinda dumb

 

Nashville's Tomi Lahren is a bigger box of rocks than Sarah Palin

Here: 

... What if we just decided, you know what, we don't want to pay taxes anymore. And you know, just to make sure we don't pay taxes anymore, we're going to send all our foot soldiers out on the street and we're going to burn things and we're going to throw things and we're going to riot and we're going to assault officers. ...

Yeah, we already decided that once, but obviously that didn't stick.

... what country can preserve its liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance? ...

-- Thomas Jefferson, 1787

 

 

Auron Macintyre, inspired by Curtis Yarvin, is an apologist for America's slouch into open fascism, for Chinamerica, for state capitalism, for totalitarianism

He feigns unhappiness with this, but succumbs in the end to the is-is-ought fallacy.

He is platformed in the media owned by Glenn Beck, and on Substack bankrolled by Marc Andreessen and Benjamin Abraham Horowitz.

If you like what's happening in Minneapolis, he's your guy. 

 

 

The Eighth Circuit Court of Appeals has the blood of Alex Jeffrey Pretti on its hands, because just last Wednesday it lifted a restraining order on ICE from using pepper spray on him and the woman he was protecting

 ICE in Minnesota: Court suspends order that restricted ICE agent tactics against protesters

MINNEAPOLIS (FOX 9) - A court struck down a judge's order that said federal agents cannot detain or use force against peaceful protesters after lawyers for the federal government said the ruling made it more difficult for officers to defend themselves.

The injunction, issued on Friday, Jan. 16, also banned agents from stopping or detaining drivers and passengers in vehicles who are following agents from a safe distance. 

The 8th Circuit U.S. Court of Appeals ruled in favor of the federal government on Wednesday, Jan. 21, striking down the previous injunction.

The restraining order previously banned federal agents from using tear gas and other forms of force against peaceful protesters. It also restricted them from detaining people who follow or observe them from a safe distance without obstructing operations. ...

ICE agents have been seen deploying chemical agents such as tear gas and pepper spray against crowds in the Twin Cities as recently as Wednesday.... 

J. D. Vance on Thursday promised ICE would show no quarter, and on Saturday in Minneapolis ICE showed no quarter to Alex Jeffrey Pretti, fatally shooting him in the back after disarming him

 

You think things are hot now: This violence happened at -12.0 degrees F

 

Yeah, the last time Republicans had 60 seats in the U.S. Senate they used them to pass the Income Tax: July 12, 1909

Thank you for your attention to this matter.

 

 

It's instructive how both political parties say they have the same solution to assault on federal officers, except this one skips the prison part and cuts directly to execution at the scene

 

A more arrogant bunch has never occupied the White House

 

A more cruel bunch has never occupied the White House

 

A more stupid bunch has never occupied the White House

 

Gold even higher to a record $4,988.17, silver even higher to a record $100.49, platinum even higher to a record $2,749.20

-- CNBC 

What's that crunching?

 

New record for gold at $4,967.03, new record for silver at $99.65, new record for platinum at $2,718.40

 -- CNBC

Thank you, Lake Michigan

 

Renee Good was shot in the left temple

 Per the story here:

... The independent autopsy found there were three clear gunshots on Good's body, one to her left forearm, another through her right breast and one that entered the left side of her head near the temple. That bullet exited on the other side. ...

 

 

Take Vance at his word: First they murdered civilians in the Caribbean, then Renee Good, next it could be you

Why shouldn't they "show no quarter" to anyone else after all that, since no one is doing anything about it?

 

VP Vance: Protesters Assaulting Law Enforcement Will Be Shown No Quarter, "It's Cowardly Bullsh*t"

 

Spot gold climbs to a record peak of $4,917.65 per ounce, spot silver ‍surges to a record high of $96.58/oz

 -- CNBC

$59.31753 trillion to be exact

 

Today's GDP report indicates Trump GDP since 2017 is undershooting post-war performance up to Reagan 3Q1984 by 25%

 GDP since Reagan 3Q1984 (41 years) through the Trump present moment has grown at a compound annual rate 35% lower than for 3Q1947-3Q1984 (37 years): 5.076% vs. 7.847%.

Trump GDP CAGR since 3Q2017 (8 years): 5.878% (25% lower than the post-war to 3Q1984).

$4.08425 trillion GDP after 41-years at a compound annual growth rate of 7.847% would be $90.41555 trillion in 3Q2025 instead of $31.09802 trillion, 2.90 times more.

That's why you feel poorer. 

Reagan didn't make America great again, and neither has Trump.

 

 

Core pce inflation averaged 1.61% year over year under Trump 1.0, but through eleven months of 2025 it averages 2.79%, 73% higher

This higher inflation level, measured on a year over year basis, has persisted for 19-months from April 2024. We're just going sideways, not coming down. 

Next we'll hear from Trump that this is the new normal and that higher inflation is good akshully.

No, the Fed started cutting in September 2024 in error, obviously, and Trump wants the Fed to cut some more.

Meanwhile Jeff Cox for CNBC is just phoning in the story: 

Fed’s main gauge shows inflation at 2.8% in November, edging further away from target

... The personal savings rate rose in November to 3.5%, down 0.2 percentage point from the prior month. ...

How does the personal saving rate rise when it's down 0.2, Jeff? 

Yes, the personal saving rate fell from 3.7% the prior month to 3.5% in November.

People are paying for higher prices at the expense of saving. 

 

The case for stock market manipulation in the case of the proposed tariff penalties over Greenland is very weak

The tariff idea was floated before lunch on Friday, Jan 16.

Stocks closed down just 4-points that day.

The scale of the subsequent market reaction was comparatively minor in the event, and Trump pulled the trigger reversing himself very quickly unlike in April 2025.

Trump wants stock market winners, the rich, on his side, because he's losing the rest of us.

 

Yet more gold and silver record highs this week in the strongest dollar environment in years: Gold to $4,887.82 per ​ounce on Wednesday, silver to $95.87 on Tuesday

 -- CNBC

But the media and the so-called experts prattle on about dollar weakness.

 

Trump can jerk everybody around about this and that, day in and day out, but he can't do anything about inflation

 Natural gas prices soar as cold snap blasts across the U.S.

Natural gas prices soar as Arctic cold to blast Upper Midwest and descend across U.S.

Trump always chickens out: Tariffs over Greenland canceled

SPX up 1.27%, long yields down 4 basis points, gold and silver cool off.

Same shit, different day.

 

House Speaker Mike Johnson, who claimed to be a constitutional law attorney in 2016, says the president has tariff authority under Article Two of the Constitution when Article One gives it to the Congress

 

So Witzig!

 

Trump tells room of German speakers 'you'd all be speaking German without us'

 

 

 

Man going the wrong way tells another man he's headed in the wrong direction

Trump tells world leaders: Europe is not heading in the right direction

Gold powers higher despite Trump's TACO on Greenland

 

Bond yields don't appear to believe Trump's disavowal of the use of force in Greenland

 

In October 2024 to The Detroit Economic Club Trump promised he'd cut our electricity bills in half by now lol