Wednesday, August 31, 2022
Two days after the storm blew threw Michigan is still #1 for power outages in the US this afternoon
187k are affected in the service area of DTE energy on the east side of the state right now, and 37k are affected in the Consumers Energy service area.
Ann Coulter says Republicans shouldn't waste their time defending their incumbents or primarying them, just vote for the Democrat
Spending energy, time, volunteers [on primaries] is a zero-sum game when it comes to campaigns. We can not waste our time defending incumbents. As bad as Republicans are, there are a lot of bad Republicans, but there are no good Democrats. So do not primary an incumbent. Do not waste the time and money.
Here.
Ann Coulter goes off the rails, blames the Tea Party for Obamacare
She forgets that Obamacare was passed in March 2010, months before the "Tea Party" swept the US House in an historic win with the help of Freedom Works & Co.
. . . the Tea Party candidates lost us a lot of races and Senate seats. We would not have Obamacare if it weren't for a lot of the Tea Party candidates running against incumbent candidates.
Here.
Tuesday, August 30, 2022
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.