In December 2015 FBI Director James Comey assumed a firearm purchased over the internet would be shipped directly to your address instead of to an FFL holder, so yeah he might not know the worst meaning of 86

 My dictionary doesn't have the worst meaning either.

Trump is overreacting.

It's so simple even she can understand it

 

Sotomayor Challenges Trump On Universal Injunctions: So If A President Seized Everyone's Guns, One Court Ruling Couldn't Stop It?

Week over week US Treasury yields in the aggregate popped 5.8% on net to an average 4.335% after declining for months from 4.5 to 4.0 and everybody's freaking out like this hasn't happened, what, six times now in the current era

Most of the pissing and moaning is from investors who pulled the bond trigger too soon, plowed into fixed income, and got burned badly because interest rates reasserted themselves.

The press this weekend is instead full of apocalyptic language about the Treasury market and the implications for America on a grand scale. It's complete rot and I'm ignoring it. It's all designed to pressure the Fed to lower their rate again.

The last time the Fed embarked on rate cuts is instructive. It was late September 2024. The average of the aggregate of the curve had fallen to just north of 4. Inflation rates seemed to be trending down. So the Fed cut, and voila! Treasury rates hilariously shot upward!

The burn was real.  

$TLT investors, who were down 4.76% in 2021, 31.41% in 2022, up 2.96% in 2023, went down again, 7.84% in 2024 as a result. Ouch.

They are back, itching again for a policy reversal like they have a flea infestation, so bad they are bleeding.

As things stand year to date, long term investment grade investors in VWESX, for example, are down 1.43%. It wasn't supposed to be this way, not again.

So everyone hates the bond vigilantes with the heat of 1,000 suns, and urges more imprudence.

Meanwhile in "cash" you go on making 4.3% or so, and in gold you have made a killing, while stocks reel under Trump's stupid tariff shotgun blasts which are wounding everyone in the field, including himself.

If the Fed had done a proper job against inflation by jacking up the Fed Funds Rate to meaningfully combat the core pce inflation rate of its average 5.35% in 2022 instead of going only where it did, which was 1.69% on an average basis, maybe we wouldn't still have this lingering inflation for the bond vigilantes to demand payment against. Core pce inflation hasn't moved materially off 2.8% in a year now, still much too high.

The bond market is "she who must be obeyed". She doesn't tell you everything you need to know, but she does tell you the most important thing.

But what the hell do I know. I'm just some punk keyboard warrior blogging in his underwear in the basement to the money men. So yippee-ki-yay, you earned it. Especially you Donald Trump, you complete ignoramus.

 

Like many "patriots", Elon Musk confidently repeats a myth about the First and Second Amendments

 

Joe Biden more than once pledged not to pardon his son Hunter Biden, but today he did

 The period covered by the pardon goes all the way back to January 1, 2014 for any and all crimes Hunter may have committed, too. You know, like tax crimes. The statute of limitations for tax crimes is ten years.

This wasn't just about the gun crimes.

Meanwhile, 363 people were convicted of tax fraud in 2023, and 63% went to prison. 

It's great to be a Democrat.

 

Tim Walz took his trap gun on a pheasant hunt, with which he struggled

 The female accompanying Walz brought the correct gun, a break action.

Very embarrassing.

The New York Times is Vice

 

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It's the foolishness of youth which chooses to throw away its vote in protest when there will be truckloads of fraud

But there are signs of maturity emerging.

 

Stephen L. Miller doesn't have the faintest idea about how Republicanism lost its way

 

Guy who says Mitt Romney was decent man says get fucked you fuckers

Decent man says Paris Olympics opening ceremony mocking Christianity was great!

Decent man says government mandates, fines, and taxes are not worth getting angry about

Decent man says let autoworkers eat rust

Decent man was NeverTrump because he is NeverFight

Decent man inflames rioters and looters who go on to cause $2 billion in damage

Decent man says Antifa "No USA at all" is morally superior to Robert E. Lee admirers

Decent man says sodomy must be mainstreamed in America

Decent man can't define "assault weapons" but says they have to go

Senator Warnock of Georgia confirms Kamala Harris still advocates for gun confiscation, just as he does

 

CBS News lies about heat deaths, now AP Obama blatantly lies about what JD Vance said

It's almost like you can't trust the news 😏 .

 

 

Kamala Harris is nothing but an authoritarian, a cop, whose first instinct is to use federal power to ban things she doesn't like, such as grocery prices, guns, and hate speech

David French knew she was an authoritarian already in 2019, but he's voting for her in 2024.

Like Democrats generally Kamala Harris wants to ban assault weapons, even though they can't define them, ignoring that most weapons crimes are committed with handguns

Meanwhile, conservatives want children to read age-appropriate books.

There are no banned books in America, unless you are a commie librarian, but I repeat myself, who won't stock conservative books demanded by the public.

Like guns, we have to go buy our own.

 

Four things she ran on which Kamala Harris says she no longer supports for some reason: Medicare for All, A Fracking Ban, Border Funding Reductions, Mandatory Firearm Buybacks

What could the reason be lol?

 

 

How did Democrat women end up like this?

 

No one is above the law except for some of us, like Hallie Biden and the US Secret Service: Yesterday Hunter Biden was convicted of gun crimes, Joe Biden minutes later says families must be held accountable

 Apparently Hallie Biden won't be charged in any of this.

Nor the US Secret Service, which swooped in to try and get Hunter's falsified background check paperwork for the gun purchase and make Hunter's little problem go away:

Secret Service agents approached the owner of the store where Hunter bought the gun and asked to take the paperwork involving the sale, according to two people, one of whom has firsthand knowledge of the episode and the other was briefed by a Secret Service agent after the fact.

The gun store owner refused to supply the paperwork, suspecting that the Secret Service officers wanted to hide Hunter’s ownership of the missing gun in case it were to be involved in a crime, the two people said. The owner, Ron Palmieri, later turned over the papers to the Bureau of Alcohol, Tobacco, Firearms, and Explosives, which oversees federal gun laws.

Read the whole thing from Politico, March 25, 2021, here.

The Secret Service made the White House cocaine problem go away just last summer. 

 

The classic double whammy lol

 

The Tennessee Star has obtained some pages written by Audrey Hale which her victims' families had sought to keep private

 The story is here.

Chicago Tribune Editorial Board wrings its hands over 450k Illinoisans with concealed carry permits now firing back, calls the right to self-defense "taking the law into your own hands"

 Worryingly, we’re seeing more signs of that phenomenon in Chicago, with three separate episodes over the last weekend in which would-be victims proved to be both armed and willing to fire at their assailants. Four people who police said were attacking these concealed carry holders were shot and wounded, all of them critically, according to a report by Block Club Chicago.

More.

Yeah, citizens doing the job the cops and the courts won't do is horrible.

Hey, concealed carry holders, go back to the range and improve your aim, will ya?

Last August the FBI gunned down 75-year old Craig Deleeuw Robertson in his Utah home, two days ago the ATF mortally wounded 53-year old Bryan Malinowski in his Arkansas home

Utah man suspected of threatening President Joe Biden shot and killed as FBI served warrant

Arkansas airport executive shot during attempted search warrant, police say

Totally normal.