Beijing Dumps $100 Billion Worth Of Treasuries... ^
Thursday, July 21, 2022
Wednesday, July 20, 2022
How is it that the National Weather Service at Grand Rapids, Michigan, station KGRR, can't get the high or the low temperature right for July 19, 2022?
The three day history for KGRR shows that the high on the 19th was 88 degrees F at numerous points throughout the afternoon and evening, and that the low was 71 degrees F early in the morning, but if you look at the daily data for a month it says the high was 90 degrees F and the low was . . . 49 degrees F.
The mean minimum for July going back to 1892 is 49 degrees F, so that explains that error. Some idiot transcribed that value instead of the actual value. So far this month, the lowest minimum was 52 degrees F.
Can't explain the 2 degree F discrepancy for the high, though. You would think that there would be room for a spike up to 90 during an hour interval by the presence of at least one 89 value at some regular hourly interval, but there isn't one.
Is someone's fat finger on the scale over there?
It's a good reminder that the human element introduces error into the record, whether intentional or not, and that you can't believe everything you're told, even about the simplest of things.
By the way, I'm just four miles from the station as the crow flies, and we had a rain shower last night which doesn't show up in the three day history either.
I know, I know, aLl wEaThEr iS LoCaL.
Tuesday, July 19, 2022
Nancy Pelosi knows nothing about her husband's purchase of Nvidia on June 17th
Paul Pelosi, an avid stock trader, was shown to have spent between $1 million and $5 million to purchase 20,000 shares of the semiconductor company Nvidia in late June, around the same time when he sold portions of his stocks in Apple and Visa. The disclosure raised questions about whether Paul Pelosi had knowledge of the pending legislation.
Anyone invited into the Capitol by Capitol police on January 6th (there's video for crying out loud) but still prosecuted will rightly find this to be a double standard
In a statement, the U.S. Attorney’s Office for the District of Columbia said that after reviewing the evidence, it “cannot move forward with misdemeanor charges of unlawful entry against the nine individuals who were arrested on June 16, 2022 at the Longworth Office Building.”
The office confirmed that those individuals had been invited in by congressional staffers “and were never asked to leave by the staffers who invited them, though, members of the group had been told at various points by the U.S. Capitol Police that they were supposed to have an escort.”
More.
Monday, July 18, 2022
Sunday, July 17, 2022
LOL, nominal retail sales were up 7.7% year over year in Friday's report, but when adjusted for inflation were down 0.5% year over year
Put another way, it went up because you're paying more for food and energy, not because you're letting the good times roll.
YOU ARE SPENDING MORE FOR FEWER THINGS:
Rising costs for food and gasoline in particular helped propel the increase.
More.
Saturday, July 16, 2022
LOL, on Tuesday July 12th Joe Biden told the president of Mexico in a meeting that America has the fastest growing economy in the world
Biden, once López Obrador finished, reminded him that America's economy is the fastest growing in the world, while showing no umbrage and restating his respect for Mexico and its leader.
More.
Joe Biden's own US Bureau of Economic Analysis, June 29th, said GDP fell at an annual rate of 1.6% in 1Q2022:
Deaths per day from COVID-19 in the United States July 1-15, 2022: 383
June 2022: 363
May 2022: 373
Apr 2022: 426
Mar 2022: 980
Feb 2022: 2,247
Jan 2022: 1,987
Friday, July 15, 2022
CNBC story blames capitalism's law of supply and demand for inflation: 92 million millennials caused it, not Federal Reserve interference with interest rates and mortgages
... too many people with too much money chasing too few goods ... millennials are still making up the largest chunk of the homebuyer market by generation ...
More.
Meanwhile, this housing bubble dwarfs the last one, and we're supposed to blame millennials for it.
Sounds like a repeat of the excuse for the last one: greedy Baby Boomers.
Just forget about Zero Interest Rate Policy artificially driving down borrowing costs for over a decade, and forget about the crappy low-yielding $2.7 trillion in MBS still on the Fed Balance Sheet nobody wants, because millennials are to blame!
The chutzpah.
Thursday, July 14, 2022
Who ya gonna believe: Law & Order: SVU, or Ann Coulter?
Ann Coulter, December 14, 2019, here:
. . . according to “Law & Order: SVU,” the main demographic with a sexual fetish for pre-pubescent Hispanic girls is: handsome, married American white men. ... Reviewing my years of research on child sex crimes, I see that this has happened NEVER. It’s kind of the opposite. I ended up with so many immigrant child rape cases for “Adios, America!” that most of them had to be left on the cutting room floor — or the book would have been twice as long. ... But for William Edward Ronca, there would not be a single confirmed case of a white man in the Western Hemisphere impregnating a girl 10 years old or younger.
A report from the Inter-American Children’s Institute explained that Latin America is second only to Asia in the sexual exploitation of women and children because sex abuse is “ingrained into the minds of the people." ... Incest and child rape are not native American habits. Nor is child rape common in Spain. This isn’t genetic. Bestial behavior toward women and children is a hallmark of primitive, peasant cultures — the cultures we are importing by the million. The hallmark of civilized cultures is to arrest and imprison child rapists. But the brain-dead writers of “Law & Order: SVU” invent little stories to demoralize the defenders of civilization, so we can let the incest and child rape flow!
Illegal alien arrested in rape of 10-year old in Ohio: Perverse newspaper calls him "Columbus Man"
A Columbus man has been charged with impregnating a 10-year-old Ohio girl, whose travel to Indiana to seek an abortion led to international attention following the Supreme Court's decision to overturn Roe v Wade and activation of Ohio's abortion law.
Gerson
Fuentes, 27, whose last known address was an apartment on Columbus'
Northwest Side, was arrested Tuesday after police say he confessed to
raping the child on at least two occasions. He's since been charged with
rape, a felony of the first degree in Ohio. ... believed to be undocumented ...
On Wednesday, once news of the arraignment of the Columbus man accused in the child's rape came, Yost issued a single sentence statement:
"We rejoice anytime a child rapist is taken off the streets." ...
Assistant Franklin County Prosecutor Dan Meyer requested Fuentes be held without bond. He said Fuentes is not believed to be in the country legally...
... the Franklin County Public Defender’s office, said it was unconstitutional to hold Fuentes without bond, especially with DNA confirmation of the pregnancy’s father still pending. He said Fuentes had lived in Columbus for the last seven years and had a steady job at a café.
More.
This perverse newspaper has plenty of data about abortions in Ohio in children 15 or younger for 2016-2020, averaging 61 per year, but NOTHING about where the perps come from and how many child sex crimes they commit, except for little old "Columbus Man".
Meanwhile in North Carolina, the absolute SCOURGE of child rape by illegal aliens is so bad there's a LIST detailing HUNDREDS of illegal alien perps charged with THOUSANDS of child sex crimes going back all the way to 2009.
But our perverse media want this to be about children's need for abortions.
Sickos, all of 'em.
Ann Coulter has been right about this since 2015:
There’s a cultural acceptance of child rape in Latino culture that doesn’t exist in even the most dysfunctional American ghettos. When it comes to child rape, the whole family gets involved. ...
Far from “I am woman, hear me roar,” these are cultures where women help the men rape kids. ...
In some immigrant enclaves, the police have simply given up on pursuing statutory rape cases with Hispanic victims. They say that after being notified by hospital administrators that a 12-year-old has given birth and the father is in his 30s, they’ll show up at the girl’s house — and be greeted by her parents calling the pregnancy a “blessing.”
And yet, in the entire American media, there have been more stories about a rape by Duke lacrosse players that didn’t happen than about the slew of child rapes by Hispanics that did because Democrats want the votes and businesses want the cheap labor. No wonder they hate Trump.
Wednesday, July 13, 2022
LOL, Bitcoin mining operations in Texas threaten power limits, perverse grid operator blames coal and natural gas plants for being offline when overreliance on wind in summer is to blame
From the story here:
ERCOT blamed forced outages at coal- and natural gas-fed power plants, and low wind power generation. A spokesperson declined to provide details on the number or type of generating plants that were offline and prompted conservation measures. ... As on Monday, it avoided forced cuts when big power consumers agreed to halt operations. Lee Bratcher, president of Texas Blockchain Council, said all of the state's large-scale Bitcoin mining operations, which consume about 1,000 megawatts, are currently offline because of ERCOT's call for conservation and high power prices.
Actual Brexiteer wins first round after Boris Johnson resignation
Former British finance minister Rishi Sunak won the most votes in the first round of voting to succeed Boris Johnson as leader of the Conservative Party and prime minister, as two candidates were eliminated.
Sunak scored 88 votes, ahead of Mordaunt on 67 and Truss on 50. Finance minister Nadhim Zahawi and former cabinet minister Jeremy Hunt were eliminated.
Reported here.
LOL Drudge, a one per cent Fed Funds rate hike from here would take it from 1.58 to 1.5958, silly
A 100 basis point rise, as in the story, would take it to 2.58, an increase of 63%, which is the draconian kind of thing Cathie Wood likes to dramatize.
But no one understands draconian. In a world of superlatives where everything is awesome, the smallest changes are blown all out of proportion.
Draconian would be raising the rate at least to the level of inflation, now 9.1% year over year (not seasonally adjusted).
Actual draconian is necessary.
But these are not serious people. None of them.
The free-trade, open borders, pro-China Michigan Chamber of Commerce endorses Republicans Meijer, Moolenaar, and Huizenga, among others
In Michigan, your choices come down to progressive lunatics who think men can become pregnant, or libertarian lunatics who piss down your back and tell you it's rainin'.
When both Donald Trump and Joe Biden are joined at the hip to Saudi Arabia's money and oil, you know everything is wrong
Later this month, Trump National Golf Club Bedminster in New Jersey hosts
its first tournament for the new LIV Golf series, funded by Saudi
Arabia, which is upending the sport’s establishment with a $2 billion investment and contracts with top players that reportedly reach $150 million or more. ...
The huge Saudi sums could not only benefit Trump financially as he
mulls a comeback bid in 2024, but they also pose a mortal threat to the
PGA Tour, which reacted to LIV Golf by suspending players from competing
in its tournaments — a move that landed the tour in the crosshairs of a
federal antitrust investigation, The Wall Street Journal reported Monday. ...
Meanwhile, the survivors and families of the Sept. 11, 2001, terrorist attacks have lined up against LIV Golf and protested its
first U.S. event last month in Oregon because of Saudi Arabia’s
involvement and the kingdom’s multiple connections to the hijackers. ...
Trump’s decision to tee off with LIV highlights his close ties to Saudi Arabia; he made his first foreign visit there as president, and its wealth fund injected $2 billion into his son-in-law’s company last year.
More.
Meanwhile, Biden is headed to Saudi Arabia, hat in hand, asking for more oil, which he could easily get here but for his idiotic war on carbon.
Biden heads to Saudi Arabia for what could be an ‘embarrassing’ climbdown — or a welcome reset
While campaigning in 2019, Biden vowed to treat the Saudi kingdom as
“the pariah that they are,” and as president, he vocally criticized the
country’s human rights abuses. He also insisted on viewing Saudi
Arabia’s King Salman as his counterpart, rather than the 36-year-old
crown prince, who runs the kingdom’s day-to-day affairs.
Crown Prince Mohammed in March reportedly refused to take a call from Biden, as the U.S. leader pleaded with Gulf states to increase oil production after banning Russian oil imports.
And in an early March interview with The Atlantic, when asked if he thought Biden misunderstood him, the crown prince replied: “Simply, I do not care. It’s up to him to think about the interests of America.”
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