The world is drunk on debt: Global debt at all levels reached $307 trillion in 3Q2023

IIF CEO Tim Adams sounded the alarm on rising levels of debt while speaking to CNBC’s Silvia Amaro at the World Economic Forum in Davos, Switzerland. ... "We need sobriety . . .."

The global banking industry’s premier trade group said late last year that worldwide debt climbed to a record of $307.4 trillion in the third quarter of 2023, with a substantial increase in both high-income countries and emerging markets.

The IIF said it expected global debt to reach $310 trillion by the end of 2023, warning that elections in more than 50 countries and regions this year could usher in a shift toward populism that brings with it still-higher debt levels.

More.

Ridiculous: It was -18F in Iowa yesterday, you'd stay home too

 SITTING OUT '24? CAUCUS TURNOUT MUCH LOWER THAN EXPECTED...

Old Republicans in Iowa yesterday: Why should I bother to go, Trump's just going to win anyway.

'Lack of enthuasim'... lol

That'h eathy for you to thay:

 

 

 

 

 

Stupid is as stupid does.

smdh

We're $34 trillion in debt, so Congress unites to spend $70 billion more we don't have on "the children" and on "small business" because it's an election year

 You have the government you deserve.

Story here.

IA stands for Ignorant Actually

 

 

 

 

 

 

 

 

 

 

I mean, I get it. Republicans are going to vote for Trump because he's been treated very badly by this country. And I don't blame them. He has been. 

But it is perilous to assume that non-Republicans share this animus in enough numbers for Trump to wrest control of the election in November. North of 40% of Republicans in Iowa don't share it enough to vote for their ex-president. Biden is a horrible alternative, but it still looks to me like we're going to get more of him, good and hard. 

Meanwhile, of Ron DeSantis:

Dilatory fortune plays the jilt

With the brave, noble, honest, gallant man,

To throw herself away on fools and knaves.

-- Thomas Otway (1652-1685)

 

This has got to be a record for Drudge lol

 

The theory here is that spell-check is disabled in all-caps, immortalizing ignorance, inattention, and sloth.

Nikki Haley can count about as well as Joe three-letter-word-jobs Biden

 Nikki Haley Says Third Place Finish In Iowa "Made This Republican Primary A Two-Person Race"

LOL Day

Today:

Martin Luther King, Jr. On the Nature of Love

Pittsburgh Post-Gazette

 

One of the great public intellectuals in all of American history [who said] ... "Agape is more than romantic or aesthetic love. Agape is more than friendship. Agape is understanding, creative, redemptive goodwill for all men. …"

 

But not for all women.

 

2019:

 

Biographer Garrow pens explosive report on Martin Luther King Jr.

The Atlanta Journal-Constitution

 

 “I always thought there were 10 to 12 other women,” Garrow said. “Not 40 to 45.” In many of the accounts that Garrow documents, the FBI reported that King had been drinking. ... The document does not say that King participated in the rape, but ... “looked on, laughed and offered advice.” ... King and the singer allegedly had sex with the prostitute in a hotel room, before the man that King called earlier showed up and had sex with her, “while both [the singer] and the Rev. King watched the action from a close-by position.” ... The prostitute allegedly stated to an investigator that “that was the worst orgy I’ve ever gone through.”

 

King was mistaken about agape, incidentally, simply repeating now discredited scholarship. He was no Greek scholar. Close readers of the New Testament know that agape isn't uniquely special, however special it remains in the fantasies of some theologians.

 

You can love darkness with agape (John 3:19), love the praise of men with agape (John 12:43), love worldly treasures with agape (Matthew 6:24), love the best seats in the synagogues with agape, love the shows of respect to you in the streets with agape (Luke 11:43), and love little with agape (Luke 7:47).

 

Another CR lol: They may have to do this over and over until the election because the Republican majority in the US House is now so razor thin

 Congressional leaders reach short-term spending deal to keep government open until March

The deal would keep the government funded until March, buying legislators more time to craft longer-term, agency-specific spending bills, following the agreement last weekend to set the overall spending level for fiscal year 2024 at $1.59 trillion. ...

The short-term bill, known as a continuing resolution or “CR,” will need to pass both the House and Senate before Friday at 11:59 p.m. to avoid a partial government shutdown.

 

Reuters got it right, CNBC green lunatics try to soften the blow: "Rental giant Hertz dumps EVs, including Teslas, for gas cars"

Jan 11 (Reuters) - Rental firm Hertz Global Holdings (HTZ.O) is selling about 20,000 electric vehicles, including Teslas, from its U.S. fleet about two years after a deal with the automaker to offer its vehicles for rent, in another sign that EV demand has cooled.

Hertz will instead opt for gas-powered vehicles, it said on Thursday, citing higher expenses related to collision and damage for EVs even though it had aimed to convert 25% of its fleet to electric by 2024 end.

More.

 

Hertz makes ‘agile’ decision to shift strategy and sell EVs, Teslas

American wing of the Houthi rebels reprises November attack on the White House, this time destroys new barrier fence

 It's going to be a long hot summer in Washington DC if this is what Joe Biden's going to allow in the dead of winter.

No one was arrested for this destruction, just as no one was arrested last time for damage done to the White House gate.

Delaying his response to the Houthis for months of their Red Sea attacks until last week only encouraged them to keep it up. Joe Biden's doing the same with these malcontents.

Meanwhile Joe Biden continues to hunt down leisurely non-violent Jan 6ers and put them in the slammer.

November 2023:

January 2024:

Blonde Joy Reid sees herself as part of the elite fair-haired 2% of the US population, black folks as "Palestinians" lol

 Joy wants to be white like Antifa.

Drudge is still on the cutting edge of societal evolution lol

 

Like they weren't members already

 Passenger arrested for asking flight attendants to join 'mile high club'...

Almost 24hrs later, Drudge still has no clue, but it is in BLUE now lol because, you know, the weather

 

Drudge must pay federal minimum wage to some dolt to write these illiterate headlines

 ARTIC BLAST SET FOR USA...

Coordinated Western attack on Houthi rebels said to be imminent

Biden is annihilating Trump in Pennsylvania among those 65+ in new Quinnipiac poll yesterday which Real Clear Politics still doesn't link to lol

Quinnipiac poll in Pennsylvania, here:

Question 5: Biden 60% Trump 37% among those 65+ (2-way race)

Question 6: Biden 53% Trump 34% among those 65+ (5-way race)

Question 8: Biden favorable rating is highest among those 65+ at 54%

Question 9: Trump favorable rating is lowest among those 65+ at 33%

Question 20: Biden's job approval highest among those 65+ at 55%.

 

Older Americans haven't forgotten what a disaster Trump was for them personally.

Trump lost older people already early in 2020 because he minimized the pandemic, which ended up victimizing older people the most, whose deaths were north of 70% of the total.

Brad Parscale tried to warn him. He got fired instead.

Jay Powell's inflation has been bery bery good for corporate profits and a federal government drunk on debt

 

Jay Powell's wimpy response to inflation let core CPI inflation run ahead of the US 10-year for an unprecedented five consecutive years 2019-2023 on an average annual basis

 Jay Powell is much worse than Burns.

Jay is the money men's best friend ever.

 

Maybe they should stop legalizing it

 More Teens Who Use Marijuana Are Suffering From Psychosis...