Showing posts with label Mad King Ludwig. Show all posts
Showing posts with label Mad King Ludwig. Show all posts

Saturday, November 1, 2025

Nothing shows that Trump is still a Democrat at heart more than his restated support for ending the Senate filibuster

Imagine the ten worst things either side would pass with a simple majority as soon as it got it.

Republicans could repeal Obamacare right now without the filibuster, and the Civil Rights Act of 1964. 

In the future Democrats could easily pass Medicare For All without it, and close the Department of Defense.

Elections would become even more desperate contests for power than they already are, and a deeply divided America would plunge into chaos.

Everything would become far less predictable, which would poison the economy.

Americans and their employers would become even more vulnerable to the federal pickpockets who populate the halls of Congress. 

Just say No to Mad King Ludwig. 

 




 

  

 

Thursday, October 30, 2025

In other news, our misinformed, out of touch, SAT verbal section flunker Mad King Ludwig thinks other countries are testing nuclear weapons and, by golly, we should too!


 

 Trump directs nuclear weapons testing to resume for first time in over 30 years

... No country except North Korea has conducted a nuclear test explosion in this century, according to the Arms Control Association (ACA) - and even Pyongyang announced a moratorium in 2018.

... The US-based ACA ... estimates ... America's nuclear stockpile sits at about 5,225 warheads, while Russia has approximately 5,580.

... "Trump is misinformed and out of touch," Daryl G Kimball, executive director of the ACA, wrote on X. "The US has no technical, military, or political justification for resuming nuclear explosive testing for the first time since 1992."

"Trump will trigger strong public opposition in Nevada, from all US allies, and it could trigger a chain reaction of nuclear testing by US adversaries, and blow apart the nuclear Nonproliferation Treaty, " Mr Kimball added. ...


 

 

 

Saturday, October 25, 2025

As Mad King Ludwig speeds a carrier strike group from the Med to the Caribbean, American failure to restore freedom of navigation in the Red Sea is highlighted by the latest Suez Canal navigation report for 3Q2025

 It's a picture of dismal failure.

The U.S. Navy has not made the Red Sea safe for free trade.

The Houthis remain a potent threat to shipping. 

3Q2025 statistics compared with 3Q2023 show the number of ships transiting the Suez Canal down 49.8%.

Net tons passing through is down 65.8%.



 

 

Monday, October 20, 2025

In your guts you know he's nuts

Here.

And no, we're not afraid of him. We just loathe him, that's all. He's not one of us.

If we have to vote Democrat for the first time in our lives to stop him, we will. If Russell Kirk could do it in 1976, so can we. William F. Buckley Jr championed Democrat Joe Lieberman in 1988. If Gavin Newsom can support Thomas Massie in 2025, we can also be tactical in 2026. It doesn't mean we're getting married. Dividing political power intentionally is the genius of America. It's only ideologues who think you are who you vote for.

That others saw through this fraud long before us is to their credit. We should learn from them. It is no shame to be mistaken, only not to learn from one's mistakes.

The country is only marginally in Trump's hands. He can be defeated easily a year from now, and he must be.

Conservatism has always been counter-revolutionary. 

 



After a phone call with Putin, Mad King Ludwig is back to his crazy self and again wants Ukraine to surrender to the Russian invader

 Trump is a disgrace.

His administration can't end soon enough.

 

 



 

Saturday, October 18, 2025

Right, right, there's absolutely no reason to think of Trump as king, none whatsoever

 Even when his A.I. & Crypto Czar trolls you today, or Trump does in September, or The White House does in February.

This is all nothing more than a joke they keep on telling. 

 

 




Saturday, October 11, 2025

What's next for Mad King Ludwig's revolution after an Arc de Triomphe, Madame Guillotine?

... Triumphal arches were widely used by the Romans to commemorate victories. Those Roman arches inspired more recent structures in Europe, most notably the Arc de Triomphe in Paris, which was constructed in the first part of the 19th century. The models displayed in the Oval Office closely resemble those structures, inspiring some online commentators to joke that the new monument would be “the Arc de Trump.”...


 


Sunday, September 28, 2025

Tuesday, September 16, 2025

Do you not see what's happening here? The Trump administration is declaring everything it doesn't like to be terrorism in order to justify autocratic repression of it using the 2001 Authorization for Use of Military Force

The run of the mill narco smugglers from Venezuela suddenly are terrorists under Trump, so they blow them up.

Suddenly the left wing Charlie Kirk critics are being transformed into terrorists, too, so they say they will also destroy them.

Who's next? Where will it end? 

J. D. Vance once wanted to stop this underlying basis for neo-con adventurism. Now the chameleon is part of its expansion to include unconstitutional domestic repression.

These people must be stopped. 

 
 

 

Thursday, August 14, 2025

Forecasters YUGELY underestimated July producer price increases, aka wholesale prices, forecasting +0.2% month over month, getting +0.9% instead lol


 

Hey, they're only off by a factor of 4.5x.

Low inflation expectations based on June were clobbered by the facts, but to hell with the facts. $SPX is down only 0.07% at this hour.

The market cheerleaders desperately cling to the belief that the Fed must lower interest rates in September. When the numbers come in 0.1 below expectations, they go wild and drive up stocks like madmen believing they must be right. When the forecast misses like this they just hold.

On a year over year basis, the forecast was for +2.5% for overall wholesale prices, but they got +3.3% instead, seasonally adjusted.

For core wholesale prices the consensus forecast was for +2.9% year over year, but they got +3.7% instead, again seasonally adjusted.   

Wholesale prices rose 0.9% in July, much more than expected

Wholesale prices rose far more than expected in July, providing a potential sign that inflation is still a threat to the U.S. economy, a Bureau of Labor Statistics report Thursday showed.

The producer price index, which measures final demand goods and services prices, jumped 0.9% on the month, compared with the Dow Jones estimate for a 0.2% gain. It was the biggest monthly increase since June 2022.

Excluding food and energy prices, core PPI rose 0.9% against the forecast for 0.3%. Excluding food, energy and trade services, the index was up 0.6%, the biggest gain since March 2022. ...

It's not a potential sign of inflation, you idiots. It's a real sign.

The year over year numbers, not seasonally adjusted, for core wholesale price increases in the July report are oddly unchanged from the June report in no respect, for the increases since October 2024. In fact, the figures are exactly the same to five decimal places. It's like everybody went on vacation and just copied and pasted and went to the beach: 

Nov 2024: 3.35987

Dec 2024: 3.74962

Jan 2025: 3.92532

Feb 2025: 3.73239

Mar 2025: 3.78846

Apr 2025: 3.07652

May 2025: 3.21542

Jun 2025: 2.62853

and Jul 2025: 3.65568.

The average of these Nov thru May is 3.54965. July looks like that, but June sure the hell still does not.

I smell a rat.

Meanwhile . . . 

Core cpi inflation yoy averaged 2.9% in the first half of 2025, but 3.1% in July.

Core pce inflation yoy averaged 2.8% in the first half of 2025 (July numbers come Aug 29th). 

But core wholesale prices were up 3.4% in the first half on average, and 3.7% in July according to today's report.

How long can producers not pass that along? Or do we have a broader issue here with trustworthy numbers, because Mad King Ludwig is in charge?

Friday, August 8, 2025

Mad King Ludwig tariffs gold bars, making liquidity more expensive for big banks





  Gold futures hit record high after report of US tariffs on gold bars

Gold futures climbed to a record high on Friday after a report that the United States had imposed tariffs on imports of 1-kg gold bars, while spot gold stayed on track for a second straight weekly gain on tariff turmoil and U.S. interest rate-cut hopes. ...  

U.S. gold futures for December delivery were up 0.9% at $3,484.10, after hitting an all-time high of $3,534.10.

The price spread between New York futures and spot prices widened by more than $100 after the Financial Times reported on Thursday that the United States had imposed tariffs on imports of 1-kg gold bars, citing a letter from Customs and Border Protection.

The letter, dated July 31, said 1-kg and 100-ounce gold bars should be classified under a customs code subject to higher tariffs, a move that could impact Switzerland, the world’s largest gold refining hub.

The tariffs on gold bars “will create a dislocation or rather some issues in terms of settlement by big banks” and this was reflected in liquidity prices this morning, with prices jumping everywhere, said Brian Lan, managing director at GoldSilver Central, Singapore. ...

 

Friday, August 1, 2025

Mad King Ludwig fires BLS commissioner in a fit of rage over his bad jobs numbers, blaming the messenger

I don't recall Obama firing anybody at BLS in 2011 when there were ZERO jobs created in August.

 


 

Banana republic stuff from the Banana Republican.

Trump is unfit to be president.

 

Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets

 

... “I can’t believe what I just saw,” said Peter Mallouk, president and chief investment officer of Creative Planning. Trump’s social media post seemed like a parody or satire at first, Mallouk said.
 
“This is not healthy,” he added. “We can’t have a set of numbers come out and fire somebody that served under numerous administrations in various roles because you don’t like the numbers.”

William Beach, a 2017 Trump appointee and McEntarfer’s immediate predecessor at BLS, also sharply criticized her firing.

“The totally groundless firing of Dr. Erika McEntarfer, my successor as Commissioner of Labor Statistics at BLS, sets a dangerous precedent and undermines the statistical mission of the Bureau,” Beach posted on X.

“This escalates the President’s unprecedented attacks on the independence and integrity of the federal statistical system,” Beach added in a statement. “The President seeks to blame someone for unwelcome economic news.” ...

Tuesday, July 29, 2025

GOP U.S. Senate: Feckless lickspittles without two brain cells to rub together propose rebates of surpluses WE DO NOT HAVE


 

The goods trade deficit in May was $96 billion, in June $85 billion.

The only thing that's changed is consumers are now being taxed on those trade deficits. The numbskulls of the GOP U. S. Senate are proposing rebates of these taxes to the people paying them.

It's all completely ludicrous.

It would have been easier simply not to have imposed the taxes in the first place.

If there's a way to lower the standard of living of American consumers, Mad King Ludwig is sure to find it.  

 

 
... The Treasury Department reported an unexpected surplus for June, with a boost from tariff revenue. Customs duties totaled roughly $27 billion for the month, compared to $23 billion in May. The duties reflect a 301% gain from June 2024. ... 
 
 

 

Wednesday, July 16, 2025