The bond market has voted Nay Nay on the Fed's interest rate cuts which started in September 2024, but I repeat myself

 Worries about softening employment have been entirely misplaced. Jobless claims have been FLAT for four consecutive years.

The Fed was wrong about jobs, just like it was wrong about inflation being transitory.

 

Average yields on 20s and 30s are higher in January 2026 than when Trump was elected in November 2024, voting Nay Nay on what's going on

 

Yield on the 10Y is still lower but is saying Me Too

Mad King Ludwig flies into a rage all because a judge told him Nay Nay

Ordinarily after successfully pulling off such a deportation coup, which may or may not be legal, you would think Trump would be gloating, but you would be wrong.

Nothing is ever good enough. He is never satisfied. He is never secure.

"He who is the real tyrant," said Plato, "whatever men may think, is the real slave, and is obliged to practise the greatest adulation and servility, and to be the flatterer of the vilest of mankind."

 

 

 

"He has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."

 

LOL, 8 Senate Democrats were Yea before they were Nay: 9 Senate Democrats and 1 Independent broke their own filibuster to advance the House Republican continuing spending resolution to a floor vote against which 8 of them then voted as it passed on a simple majority

 8 Democrats: "See, we voted against it!"

The Senate filibuster is indeed a magical, wonderful, horrible, no good thing. It makes you collect 60 votes to end debate, but then you can vote to make yourself look good right after you betrayed your friends.

Senate passes GOP funding bill to avert a government shutdown

The Senate passed a six-month funding bill Friday to avert a government shutdown hours ahead of the midnight deadline, sending it to President Donald Trump to sign into law.

The vote was 54-46, with two Democrats joining all but one Republican in voting yes. Earlier Friday, the bill cleared a key procedural hurdle with the help of 10 Democrats in a 62-38 vote. Sixty votes were needed to defeat a Democratic filibuster.

The votes came after a dramatic 48-hour period during which Senate Minority Leader Chuck Schumer, D-N.Y., broke with most House and Senate Democrats, announcing he would support moving forward on the bill one day after he declared it didn’t have the votes. Schumer ultimately voted no on final passage of the legislation.       

The cloture motion roll call 62-38 is here showing the nine Democrats and one Independent vote Yea to defeat their own filibuster.

The final passage roll call 54-46 is here showing eight of the ten, all Democrats, voting their phony Nays: Cortez Masto, Durbin, Fetterman, Gillibrand and Schumer, Hassan, Peters, and Schatz.

Peters, who voted Yea and then Nay, isn't running again next year, and neither is Shaheen, who really didn't care and voted Yea both times with King the Independent.

Rand Paul voted Nay Nay!

 

 

Nay Nay is good.

 

The US House passed a continuing spending resolution through March 14, 2025 at 5:59PM yesterday, the US Senate passed it this morning at 12:23AM, averting a federal government shutdown

 

 The House roll call vote (366-34-1-29nv) is here. 34 Republicans voted Nay.

The Senate roll call vote (85-11-4nv) is here. 10 Republicans voted Nay, as did pinko commie Bernie Sanders.

The continuing spending resolution includes NO extension of the suspended debt ceiling time limit demanded by president-elect Trump, who now gets to waste his precious time trying to primary all 170 Republicans in 2026 who just voted for this

LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL,

something he had threatened on Wednesday.

170 House GOP just told Donald J. Trump Nay Nay by voting Yea, proving once again that he is just a paper tiger.

Meanwhile the debt ceiling and the income tax remain chief among the failed gimmicks of the Progressive Era, dating to 1917 and 1913. The one hasn't stopped the debt from exploding to $36 trillion, and the other hasn't paid that bill. 

The continued existence of these gimmicks serves to remind us, but only periodically, of the lies we tell ourselves, which is why we have to keep them.

Gold and silver and yields, oh my

 

Prime Rib and Pork Chops and Scampi, Oh My

Gold prices fell over 1% after hitting a record high on Wednesday, as a stronger dollar and a rise in U.S. Treasury yields countered support from safe-haven demand linked to the Nov. 5 U.S. election and Middle East war.

Spot gold was down 1% to $2,721.12 per ounce as of 12:25 p.m. EDT (1410 GMT) after hitting a record high of $2,758.37 earlier in the session.

U.S. gold futures fell 0.9% to $2,734.60. ...

Spot silver fell 3.1% to $33.74 per ounce after hitting its highest price since late 2012 at $34.87 on Tuesday.

More.

The "Conservatarians" are as condescending toward Trump voters today as Hillary's voters were yesterday

To Hillary, Trump voters were deplorables.

To conservatarians, Trump voters are the WrestleMania vote, the ignorant gulls who fill Trump's rallies around the country to this day.

Jon Gabriel of Ricochet and Stephen L. Miller count themselves conservatarians, here.

Like Frank Meyer's fusionism which tried to combine libertarianism and traditionalism, conservatarianism also conceives of itself as a libertarian mixture, but with social liberalism not traditionalism.

As such, however, this simply represents the failed status quo, which has been only too happy to use the traditional right at election time since Reagan but otherwise has paid but lip service to it once in power. Its main interest on the one side claims to be fiscal probity, but vainly imagines that its reprobate self even wants smaller deficits. Under Bush 43, debt to the penny soared from $5.7 trillion to $10.7 trillion. In truth, conservatarianism only affects conservatism. Its real interest is in Bacchus. 

Does a spring pour forth from the same opening fresh water and brackish? -- James 3:11

Nay, nay.

As Republicans and Trump prepare legislation granting a DACA amnesty, illegals are swarming the border with Mexico

These idiots are, well, idiots! They're just sending the same old message: If you come, we will let you stay.

Nay, Nay! They cannot stay! Illegal aliens must go away!

From the story, "Illegal immigration rises for third straight month despite Trump crackdown", here:

Total arrests along the U.S.-Mexico border topped 40,000 last month, according to the [DHS], which is used as a benchmark for understanding the level of illegal immigration occurring at the border. ... The crackdown has seemed to have little effect on the overall numbers of immigrants crossing the U.S.-Mexico border illegally, as the arrest numbers have been steadily climbing since January, though some of the rise can be attributed to regular seasonal workers.