Tuesday, August 2, 2022

You mean like with a cloth or something?

 Jan. 6 texts of Trump Defense officials wiped clean by Pentagon, court filing shows

Low winds for a whole year, huh

 In Germany last year, in part because of low winds and the already rising price of natural gas, hard coal and lignite accounted for 28 percent of electricity production.

Seems like an awful long time to be without wind but still depend on it.

More.

Friday, July 29, 2022

LOL, Michael Anton has moved on from the Flight 93 Election to the RMS Olympic/HMS Hawke Election

 . . . in full daylight on a calm sea within sight of land . . . two normally operated vessels steamed blithely to a point of impact as though mesmerized.

The waste of running a lame duck AGAIN just never occurs to the man.

Here.

WaPo lies are always good for a laugh

 But with Fed Chair Jerome H. Powell moving aggressively . . .

Here.

Yeah, that's the ticket


 THREAT TO SHOOT DOWN PELOSI PLANE

America and its people have added over $12 trillion to their total credit market debt outstanding just since 2019, but that has done little but stall the decline of debt growth

The $90 trillion millstone: We did it to ourselves.

We are now in the future we tapped in the past for the prosperity of "debt draws forward prosperity", and there's little here to be found.

From 1946 to 2008 when we hit the debt growth iceberg, real GDP grew at a compound annual rate of 3.324%. Since then it has fallen 49%, to 1.68%.

We should have stayed with capitalism in the post-war, where one risks actual savings instead of future notional tax, income, and fiat money "revenues". But capitalism went out the window a long time ago, bringing with it the end of the gold standard, the creation of the Fed, and the introduction of the income tax, among other horribles.

Payback is a bitch, and what can't be paid back won't. The rest comes out of your hide.

 


 






















 

LOL, Joe Manchin extracts gas and oil drilling concessions in Gulf of Mexico and Alaska in $369 billion compromise called "America’s biggest legislative moment for climate and energy policy"

 

However, some groups more strongly condemned the support for fossil fuel projects in the agreement, specifically provisions that would mandate new oil and gas leasing in the Gulf of Mexico and Alaska. Manchin, who comes from the coal-rich West Virginia, has argued that drilling in these areas is neccesary for the country’s energy independence.

More.

Let's hope Blue Dog Joe is made of stronger stuff than Bart Stupak and stands firm on the fossil fuel provisions. Stupak famously flamed out in 2010 when he helped pass Obamacare under reconciliation even though it omitted Hyde Amendment provisions prohibiting federal funding of abortion which he had insisted he supported and had to be in the bill.