Josh Boswell speculates the $5.2 million discrepancy in Joe Biden's 2017-2019 income is Burisma money of which $2.744 million was used in 2017 cash purchase of Joe's beach house

 DailyMail.com has discovered that then-private-citizen Biden, who had spent virtually all his adult life in public service, bought the home for slightly under $2.75million – in cash. And making the transaction even stranger it was within weeks of a highly questionable text that Hunter had sent to Runlong 'Raymond' Zhao, an associate at Chinese oil giant CEFC asking to seal a deal worth $10 million a year. ...

Property records show Joe's six-bedroom second property was purchased on June 8, 2017 for $2,744,001 – just seven weeks before his son's shakedown messages. ...

An analysis published last year by DailyMail.com shows a $5.2 million discrepancy between his IRS filings and his Office of Government Ethics disclosures for the same period. ...

The figure is surprisingly similar to the $5 million Joe was allegedly bribed by Mykola Zlochevsky, the owner Ukrainian gas firm Burisma, according to information received by a trusted FBI informant.

The whole thing is here.

Who's gonna tell her lol?

 

Left wing attorney Ken Chesebro pleads guilty to one felony count in Georgia election interference case, Sidney Powell to six misdemeanor counts

 Kevin Breuninger for CNBC calls Powell a right-wing attorney, but to him long time left-wing ally of Laurence Tribe Ken Chesebro is just a Trump campaign attorney.

They both face fines and long probationary periods in exchange for rat-finking on the others.

The climate lunatic Greta Thunberg stands with drug-crazed butchers of Hamas

Vanguard's long term Treasury fund, started in 1986, set a new all time low price record yesterday: What a coincidence

 VUSTX fell to $7.37 yesterday, October 19, 2023.

Until the bond debacle of 2022, the lowest price ever was set way back in 1987, also on October 19, aka Black Monday, when the S&P 500 crashed 20.47% in its worst single day ever.

2022's new all time low for VUSTX at 8.16 had occurred on October 24, missing the anniversary of the old all time low by just three days. Also a very odd coincidence.

The debacle has only continued in 2023, and VUSTX prices haven't seen $8 since September 22nd.

ZIRP since the Great Recession is ultimately to blame for the current mess in long term Treasury securities. The clamor it created for yield drove bond investors long, culminating in the highest nominal prices ever paid for long term UST in March 2020, and the lowest yields. 30Y UST yield crashed to 0.99% on March 9, 2020, 20Y to 0.87%. Yields across the board in 2023 for 2Y to 30Y have set records for this cycle in October. Yesterday 20Y demanded 5.30%, 30Y 5.11%.

No one wants that 2020 and prior junk now, so wherever it sits it's causing collateral problems, at banks, insurance companies, pension funds, et cetera. And on the Fed's balance sheet: As of October 18th the Fed has $1.503922 trillion of UST maturing in more than 10 years on its balance sheet. It basically has to keep it until it matures, and it pays it very little to return to the Treasury as it does.

Are prices done falling?

Confident pretenders said so a year ago this month, and now here we are with $TLT investors down another 12.22% since then.

Given the obscene overvaluation of stocks, and the demand for higher yields by bond investors, cash still seems the safest place to be. VMRXX, Vanguard Cash Reserves Federal Money Market Fund Admiral Shares, has returned 4.00% ytd. You continue to lose to inflation, however.

Nothing is ever perfect.

 

1987 high and low

2022 high and low to the left, all time high and low to the right

Every great newspaper should have a perverts tag like The New York Post

 

Rashida Tlaib's not gonna forget what Biden did supporting Israel over Hamas

 

Breaking news: Hundreds not dead in Gaza hospital blast

 

US bond sell off on par with the greatest ever in the history of the country, and Trump's not even president

 MAGA.

Disgusting lying New York Times update

 That's not the hospital in the picture, either, obviously.

 

 

Democrat Muslim Rashida Tlaib (MI-12) is the leader of the insurrectionist mob of phony Jews which stormed and occupied the US Capitol yesterday

 

Gaza hospital where Hamas says 500 killed by Israeli rocket still intact and making solar power

 

So Microchip decided to rat on Ricky Vaughn in a plea deal

 Yeah, what a genius.

The New York Daily News.

Judge Ann M. Donnelly, appointed by Obama in 2015, sentences "Ricky Vaughn" to 7 months in jail for trying to dupe stupid people on Twitter to vote for Hillary by text message

 The New York Daily News.

In the immortal words of Harry Reid, Hillary didn't win, did she. 

Thank you, Ricky.

Joe Biden proposes $100 million in . . .

 

. . . More Rockets For Hamas Program™

The cold-blooded butchers of Israelis have opinions

Biden says there is evidence Israel not behind Gaza hospital blast; Hamas says U.S. ‘blindly biased’

Here's a nice picture of Obama and the Nation of Islam's Calypso Louie, just because it's a lousy Wednesday

 Calypso Lou, the anti-Jew.

Disgusting New York Times fans the flames against Israel: Simply repeated Palestinian claim of Israeli strike on hospital, changed it to strike on hospital, changed it again to hospital blast

 It was an errant malfunctioning Palestinian rocket, one of the thousands Hamas and Islamic Jihad have launched against targets in Israel but which the media do not report.

The number 500 dead is also phony. The claim was made almost immediately after the blast and just keeps getting repeated. There was no count. The place is in chaos. The missile exploded in the parking lot, not on the hospital.

 

Israeli babies killed and decapitated in fair hand to hand combat, Palestinian babies killed in indiscriminate aerial bombing of Gaza by evil occupiers

 

Barack Obama, 2015 author of today's moral equivalence on Hamas in the Democrat Party

 "Lest we get on our high horse [about ISIS] . . . remember that during the Crusades and the Inquisition, people committed terrible deeds in the name of Christ. In our home country, slavery and Jim Crow all too often was justified in the name of Christ.”