Monday, August 29, 2022
Breaking: Ozzy Osbourne moving back to safer, stabbing-epidemic-plagued England
Ozzy Osbourne moving back to England, doesn't want to 'die in crazy America'...
Meanwhile in England:
Last summer saw London’s worst period on record for violence, with knife-related attacks consisting of a large proportion of the horrific acts carried out in the capital. According to Metropolitan Police figures, there were 134 murders last year, 85 of which involved a knife (around 63 percent). ...
ONS data shows that in the first three months of the year, assaults involving an injury or an intent to harm actually increased to 120 percent of what they were at the same time last year (965 to 806). Attempted murders went down marginally from 13 to 11.
But threats to kill also increased from 175 to 226 when comparing the two periods. In the first half of 2022, 1,223 people in London were caught with a blade, compared to 1,415 in January to June last year – a reduction of just 14 percent. ...
One deterrent that has often been cited is 'stop and search,' . . . But it is an area that has “always been really difficult”, Mr Hedges said, toeing a fine line between law enforcement and racial profiling.
Hm, you don't say.
LOL, fear-mongering spending lunatic at The Daily Beast gets nothing right about Nigeria, which has Africa's largest economy and a COVID-19 death record 55 TIMES better than the world's, and: "A few trillion in U.S. government spending isn't a lot of money"
Gee, and Nigeria is only 14% jabbed . . . after all this time.
The U.S. is COVAX’s biggest donor, but not its most generous. Both Germany and Japan have donated a greater share of their gross domestic product. And another big injection of American money looks unlikely as Republicans pull tight the purse strings.
That means fewer vaccines for poorer countries as the pandemic grinds toward its fourth year and vaccination rates in the poorest countries remain stubbornly low—14 percent in Nigeria, for example, compared to the global rate of 63 percent. Starving COVAX “will only enhance global inequities,” Gostin said. ... A few trillion in U.S. government spending, spread out over years, arguably isn’t a lot of money . . ..
More.
Saturday, August 27, 2022
Seeing this headline html first thing Saturday morning is disorienting
https://www.marketwatch.com/story/u-s-stock-futures-slip-as-investors-await-fed-chairman-powells-jackson-hole-address-11661508928
Investors await Powell's address?
That was published 24 hours ago, before the Powell speech, and the contents were updated last evening just before 5:00 PM.
But the pain surely ain't in the Fed.
The only pain described in the story is in households, businesses, families, not in the Fed.
Those Fed guys are rich, and get paid very handsomely.
The top 100 employees each made $274k or more in 2020. They are all named, here.
That puts them in the top 2% of all wage earners in the US.
They're the elites.
They experience no pain.
The Federal Reserve System had 23,517 employees in 2021, with a total system operating expense of $5.7353 billion, or about $244k per employee.
They live in a bubble.
Everybody's just phonin' it in and getting the hell out of Dodge for the weekend.
Especially Drudge.
Friday, August 26, 2022
The Fed is all talk and no action fighting inflation
The effective federal funds rate stands at 2.33% and $8.85 trillion remains on the balance sheet while Powell makes speeches.
Borrowing is still very cheap for the big boys and the Fed's finger on the scale makes it impossible to know the true value of its mortgage backed securities and US Treasuries.
Meanwhile inflation rages at 8.5% in July.
The market "rout" is merely another yawn as Americans get punished at the grocery store and the gas station.
Current GDP of $24.883 trillion, reported 8/25, implies a fairly valued market level of around 1,600 not 4,057. The S&P 500 remains 153% above that.
They remain rich, and you remain . . . the reason why.
Over 7,000 Americans died liberating Guadalcanal, which just denied a US Coast Guard cutter a port of call
The Chicoms are trying to take over.
Unintentional poisoning deaths, i.e. drug overdose deaths, are up a whopping 568% since 1998 to over 800,000 but Democrats hope you'll vote for them so they can ban guns which accidentally kill fewer people than industrial meat mixers
Democrats are the party of drugs and sex, aka overdose and abortion.
Joe Biden was going to mask for 10-days after Jill's rebound infection on Wednesday, but the mask was nowhere in evidence at Joe's Thursday campaign event in Maryland
The on-going COVID-19 emergency which Joe ignores is also the excuse for the $10k student loan bailout even though the Biden administration is arguing that because the COVID-19 emergency is over Trump's Title 42 policy at the border must come to an end.
Got it?
Good.
Thursday, August 25, 2022
Italy has another opportunity to vote for someone who wants to end the immigration emergency: Giorgia Meloni of The Brothers of Italy Party
Giorgia Meloni, leading the race to become Italy's next prime minister, was accused on Monday of shameful electioneering by her rivals after posting a video of a Ukrainian woman being raped by a migrant in an Italian city. ...
Meloni, whose Brothers of Italy party heads the polls ahead of a Sept. 25 national election, tweeted the video, which had been posted on a newspaper website with the image blurred but the woman's cries clearly audible.
"One cannot remain silent in the face of this atrocious episode of sexual violence against a Ukrainian woman carried out in daytime in Piacenza by an asylum seeker," Meloni wrote."A hug to this woman. I will do everything I can to restore security to our cities."
Reuters.
Wednesday, August 24, 2022
Biden is breaking the law by canceling student loans, and everybody knows it
A COVID-19 emergency excuse is even less persuasive today than it was when Pelosi last year said Biden doesn't have the authority to cancel the loans.
This will be stopped by the courts, same as Biden's illegal vaccine mandate for the private sector was stopped.
Still waiting, however, for the courts to reverse the illegal deprivation of the former president of access to his own papers.
So don't hold your breath.
This out of control and senile old man Joe Biden should be impeached and removed from office.
US Department of Education, Office of the General Counsel, January 12, 2021, here:
All federal student loan programs administered by the Department are funded through annual Congressional appropriations drawn from the Treasury. These appropriations are conditioned on the Department’s faithful execution of the laws authorizing that loans be made available to eligible borrowers and then repaid or collected. See 20 U.S.C. §§ 1077a, 1078, 1078-3, 1078-6, 1078-7, 1080, 1080a, 1082, 1083, 1085, 1087e, 1087-1, 1087gg, 1091b, 1092b, 1092c, 1095a, 1098e. Although Congress could enact legislation authorizing the Department to provide blanket or mass cancellation, compromise, discharge, or forgiveness of student loan principal balances, and/or to materially modify repayment amounts or terms, it has not done so. See 20 U.S.C. §§ 1077-10 – 1077-12, 1087e(f), 1087e(h), 1087ee, 1091b, 1098d. Rather, Congress has explicitly authorized cancellation, compromise, discharge, or forgiveness, and/or material modifications to repayment amounts or terms only in very limited circumstances. See, e.g., 20 U.S.C. §§ 1087e(f), 1087e(h), 1094(b)(3), 1098aa, et seq. ...
Title IV’s plain text and statutory scheme, and controlling interpretative canons, compel us to conclude Congress appropriated funds for student loans with the expectation that such loans would be repaid except in very specific circumstances.
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