Credit card balances above $1 trillion for first time!
Tuesday, August 8, 2023
Trump beats Biden in Arizona either way, but Cornel West actually cuts into Trump's lead more than Biden's in Emerson poll
Emerson College Poll here:
In a 2024 presidential general election ballot test between Trump and
Biden, 45% support Trump and 43% support Biden. Nine percent support
someone else and 4% are undecided. With third party candidate Cornel
West listed on the ballot test, 42% support Trump, 41% Biden, 4% West,
6% someone else, and the share of undecided voters increases to 7%.
Monday, August 7, 2023
Forget RFK Jr, the real Operation Chaos candidate for Election 2024 would be making sure the Green Party's Cornel West is on the ballot in swing states
The Emerson College poll in Michigan is showing Cornel West with 4% in a race involving Biden v Trump, putting Trump on top by two points.
In 2020 Trump was short in
Nevada by 2.39% (33,596 votes; black population 282,722)
Arizona by 0.31% (10,457 votes; black population 325,105)
Wisconsin by 0.63% (20,682 votes; black population 367,889)
Michigan by 2.78% (154,181 votes; black population 1.36 million)
Pennsylvania by 1.18% (82,166 votes; black population 1.42 million)
Georgia by 0.23% (11,779 votes; black population 3.32 million).
Trump's margin was ahead in
North Carolina by 1.34% (74,483 votes; black population 2.218 million)
Florida by 3.35% (371,686 votes; black population 3.381 million).
Emerson poll shows commie Cornel West would bleed enough votes from Biden to give Michigan to Trump
When Green Party candidate Cornel West is added to the ballot, Trump receives 43%, Biden 41%, West 4%, and 4% support someone else. Seven percent are undecided upon West’s addition to the ballot test.
More.
Sunday, August 6, 2023
Saturday, August 5, 2023
This week's lucky number is 2
There's only one Speaker of the House who ever spent more than 300% of current tax revenues twice.
And there's only one Speaker of the House who has ever spent more than 300% of current tax revenues twice after both of which events the ratings agencies downgraded the U.S. debt.
Friday, August 4, 2023
Full time employment as a percentage of population fell to 50.7% in July from 50.9% in June
Year to date the average is still 50.2%.
Compare with prior full years:
The US debt downgrades of 2011 and 2023 have one thing in common: Nancy Pelosi's record of the four most fiscally irresponsible years in the post-war
Nancy Pelosi owns the record for the four most fiscally irresponsible years in the post-war, spending 316% of tax receipts in 2020, 276% in 2021, 310% in 2009, and 296% in 2010.
Her four years as Speaker 2007-2010 averaged current expenditures as a percent of current tax receipts of 251%, highest for any Speaker ever.
S&P downgraded the debt in August 2011.
The Boehner/Ryan interregnum averaged 219%.
Pelosi's next four years as Speaker 2019-2022 averaged 252% in overspending.
Fitch has now downgraded the debt in August 2023.
Taken all together, Pelosi's Speakership produced the worst overspending in the post-war at 251% of revenues. The excess has to be borrowed, ballooning the debt.
The ratings agencies sound the alarm bells no one else will ring, but they are mocked by all the experts, whose livelihoods depend on the scam continuing.
All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.
-- US Constitution, Article One, Section Seven
Thursday, August 3, 2023
Meanwhile, Ron DeSantis' natural constituency continues to flex its muscles
Anheuser-Busch InBev felt the sting of the Bud Light boycott, reporting a 10.5% drop in revenue and a nearly 30% plunge in core profit in the US during the second quarter — and has lost nearly $40 billion in value.
Yet the Belgian-based beer giant company continued to bury its head over the ill-fated tie-up with trans influencer Dylan Mulvaney that has seen Bud Light on the precipice of losing its two-decade reign as the top-selling brand in the US.
Wednesday, August 2, 2023
The New York Times knows that you are putty
Mr. Archer told lawmakers during the session that Hunter Biden had put his father on speakerphone to talk to his business partners about 20 times over a decade, according to both Republicans and Democrats in the room. ... But Democrats said that Mr. Archer had described the conversations in which the elder Mr. Biden participated as short and casual — about topics like the weather — and his interactions as little more than stopping by a dinner or a hotel for a brief handshake or a few pleasantries over the phone. ... It has long been known that the elder Mr. Biden at times interacted with his son’s business partners.
More.
Lying is protected speech, the heart and soul of politics, which the voters decide to accept or reject
Democrats lie every damn day, followed by the Republicans when they can get a word in edgewise.
The voters rejected Trump, end of story. 50 state legislatures, like it or not, certified their results saying so. Trump conceded all this by his actions, relinquishing power and flying away to Florida on January 20th.
The refusal to accept the results of the 2020 election is now all on one side.
The 2020 winners will rue the day they criminalized politics like this, when a real Draco comes and puts an end to "democracy".
Some people say they don't understand why Fitch Ratings downgraded the US to AA+ from AAA
Debt to the penny: July 31: $32,608,585,072,666.14 May 31: $31,464,457,465,522.98 Debt increase in 2 months: $1,144,127,607,143.16, about $18.76 billion per day.
Fitch downgrades U.S. long-term rating to AA+ from AAA :
“In Fitch’s view, there has been a steady deterioration in standards
of governance over the last 20 years, including on fiscal and debt
matters, notwithstanding the June bipartisan agreement to suspend the
debt limit until January 2025,” the ratings agency said. ...
This isn’t the first time a rating agency has downgraded the U.S. Standard & Poor’s cut the nation’s credit rating to AA+ from AAA in 2011 after Washington managed to avoid a default. At the time, the agency highlighted political risk as part of its reasoning.
Monday, July 31, 2023
Ron DeSantis is so finished the left allocates 4,000 words to Sid Vicious Blumenthal to tell you all the ways the Florida governor is nothing but a trolling nullity
 |
| "Give me my personality!" |
DeSantis is so finished he's
"flat, spotty, clotted, dim, implausible, non-viable, void, clueless, non-this, non that, mealy-mouthed, weak, crabbed, mean, reactionary, cruel, literal, comic, absurd, inconsistent, empty, authoritarian, insubstantial, contrived, static, drab, detached, vacuous, strained, forced, artificial, small, reckless,"
and in case you missed it the first time
"weak".
Sid Blumenthal, Hillary confidante, author of the birther narrative, wants you to know that Trump is right. Ron DeSantis has "no personality".
In The Grauniad, where else?
Sunday, July 30, 2023
Yeah, he's right: Trump filed and paid his taxes and Hunter didn't FOR YEARS
Trump's taxes have been public for months now, and they found bupkis.
Saturday, July 29, 2023
It's been a terrible year so far for investors in US Treasury securities because of the rising rate environment, but great for stocks
UST yields rose a net 1.31% in the aggregate week over week on 7/28.
DFF rises to 5.33% after the latest FOMC rate hike.
Year to date Treasury, Total Bond, Cash, and Total Stock performance using popular Vanguard funds:
VFISX +0.75% VFITX 0.90% VUSTX 1.58% VBTLX 2.05% VMFXX 2.75% lol VTSAX 19.99%!
Stocks have been the place to be, and cash has beaten even the total bond market.
Meanwhile stocks are obscenely overvalued at 169 using the latest report of GDP out Thursday:
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