The mounting death toll in Ukraine has forced President Volodymyr Zelensky to consider concessions to Russia in order to bring an end to the devastating conflict, but the specific elements of any peace deal his government may be discussing with Moscow remain a mystery to Western leaders . . . said U.S. and European officials.
Friday, March 18, 2022
WaPo is full of it, as usual: Zelensky isn't sending "mixed messages"
Thursday, March 17, 2022
It probably never occurred to Volodymyr Zelensky that the deaths of 100 Ukrainian children wouldn't mean much to a country which has aborted 63 million of its own babies since 1973
“Now I’m almost 45 years old. Today, my age stopped when the hearts of more than 100 children stopped beating. I see no sense in life if it cannot stop the deaths.”
Some of us have seen no sense in life, either, for a very long, long time.
LOL, US Senate votes "unanimously" for permanent daylight saving time, "probably the worst choice"
The bipartisan bill is the work of perhaps the two dumbest people in the US Senate, Patty Murray and Marco Rubio, who represent the extreme northwest, the extreme southeast, and the nation generally.
While no time system will be perfect for everyone, making daylight saving time permanent would lead to a greater number of dark mornings than we have now, said Phyllis Zee, chief of sleep medicine at Northwestern University’s Feinberg School of Medicine. ...
Experts say circadian misalignment has been associated with adverse effects on cognition and mood as well as cardiovascular and metabolic function. “It’s really not a good thing to have your internal body clocks out of sync,” Zee said. “Imagine being in jet lag a lot of the time; it can’t be good for you." ...
Zee said her “heart sank” when she saw the news of the Senate vote. “I thought there would be more of a discussion, that it wouldn’t be as unanimous.” Of the three potential time systems for the country to be on — permanent standard, biannual switching and permanent daylight saving time — she said, the last is “probably the worst choice.”
More.
Wednesday, March 16, 2022
The stock market didn't give a flying fig about the Fed's quarter-point interest rate increase today: Powell was way too timid, should have just gone with one full point
The insanity of easy money is liked most by the stock market, which is why Powell is going slow on his way to two percent after he completes the six more increases he's promising over the next year.
If he thinks the rate ought to be 2% to curb inflation, well then get on with it, boy, and show us what you've got! Nip it in the bud if it's that big a FD.
Truth is they've got nothing, and intend to do nothing about inflation.
Inflation this high needs a bigger gun than 2% one year down the road. That's not how it was done in the 1980s, and 2% even if done right now won't do a damn thing.
This is just inflation theatre, just like the TSA war on terror security theatre, the this government theatre, the that government theatre, and lately the vaccine theatre.
Meanwhile the first in line to all this easy money keep getting richer, and richer, and richer.
Gotta keep that going while appearing to DO SOMETHING!
What a crock.
Tuesday, March 15, 2022
Hi, I'm president Joe Biden and the buck stops with COVID-19, Vladimir Putin, and high fuel costs, not with me
Joe just wants you to forget that his anti-fossil fuel policies pushed gasoline from $2.09 to $3.44 in one year from his election, that he did nothing to dampen the NATO connections with Ukraine which have inflamed Putin, and that he failed to shut down the virus.
He also omits that his ignominious withdrawal from Afghanistan broadcast the very weakness which was later on display when he promised Putin that US and NATO troops would not get involved in Ukraine.
"Step right this way, Vladimir!"
LOL, as telegraphed on March 10th, Massachusetts subtracts 3,770 COVID deaths from total because they died of COVID longer than 30 days after infection
So, the real story is Massachusetts has changed its counting method TWICE to reduce an "overcount" mostly during the UK variant wave when most authorities increasingly look to excess death data and conclude that COVID death counts don't actually capture the true number of COVID deaths.
Massachusetts is completely counter trend.
Monday, March 14, 2022
Gold fanatics never mention the potentially bad tax news
The war in Ukraine has pushed more investors into gold, which some see as a “safe haven” in volatile times, and fueled a price rally. ...
Conversely, the capital-gains tax rate on collectibles aligns with these seven [ordinary income tax] rates, up to a 28% maximum. That means an investor whose annual income puts them in the 12% tax bracket would pay a 12% tax rate on their collectibles profits; an investor in the 37% bracket would be capped at 28% on their collectibles profits.
Hero Joe Manchin won't support Biden climate lunatic Sarah Bloom Raskin for Federal Reserve Board
This red diaper doper baby thinks it would be a good idea for banks to refuse to lend to the oil and gas industry in order to end it.
She's an Obama administration retread.
Sunday, March 13, 2022
Welcome to February 2022 CIVPART data at 62.3%, otherwise known as September 1977
The 2020 average was revised to 61.8 and the 2021 average is 61.7.
One way to grow the participation rate, as seen in the first chart, which is monthly, is TO NOT HAVE TO COUNT PEOPLE.
How do you do that?
The economy sucks so bad you drop out of the labor force, which instantly shrinks its size. So as jobs recover a little bit the participation rate looks better because more people compared with the smaller underlying base are working again.
Not in labor force on an average basis hit an all time high in 2021 of 100.24m, pushed mostly by the 2008 catastrophe for older workers, while growth in the labor force has been anemic to flat because people aren't having enough kids.
People who remember the malaise of the Jimmy Carter era who are still alive today can relate.
CIVPART hovering on the 63% line was the Trump era's "greatest economy ever", lol.
Click any graph to enlarge.