Saturday, April 4, 2026
Friday, April 3, 2026
Thursday, April 2, 2026
So Lori Chavez-Deremer at the Department of Labor had a good long lie-in past NOON today and didn't get the initial claims numbers to FRED until 4:16PM EDT
These numbers are routinely updated not long after the 8:30am press release in previous administrations.
Drudge is running propaganda for the Chicom bond market now
https://en.people.cn/n3/2026/0327/c90000-20440521.html
... "By allocating to RMB bonds, foreign investors can reduce portfolio volatility and improve risk-adjusted returns." ... "In the face of frequent geopolitical risks, the safe-haven role of RMB bonds has emerged," Yu said, adding that as the RMB internationalization progresses, demand for RMB assets as reserves is growing, and this is expected to support the growth of RMB bonds holdings by central banks and sovereign wealth funds.
LOL, what a crock.
Foreign investors own less than $1 trillion of Chinese debt, compared with over $9 trillion of U.S. debt.
... [U.S.] Treasuries are relied upon by global central banks as the pre-eminent reserve asset, since the $30tn market for the securities is the biggest and deepest in the world. ...
More.
Trump fires another woman
Trump fires Attorney General Pam Bondi
... “Pam Bondi is a Great American Patriot and a loyal friend, who faithfully served as my Attorney General over the past year,” Trump wrote on Truth Social.
“Pam did a tremendous job overseeing a massive crackdown in Crime across our Country, with Murders plummeting to their lowest level since 1900,” the president wrote.
“We love Pam, and she will be transitioning to a much needed and important new job in the private sector, to be announced at a date in the near future,” Trump said.
Bondi, in a statement on X, said, “Over the next month I will be working tirelessly to transition the office of Attorney General to the amazing Todd Blanche before moving to an important private sector role I am thrilled about, and where I will continue fighting for President Trump and this Administration.” ...
Rep. Thomas Massie, a Kentucky Republican whose bill mandating that the DOJ release all files related to Epstein became law in late 2025, said in an X post, “I support Trump firing Pam Bondi. Do you?”
“I hope the next AG will release all the Epstein files according to the law and follow up with investigations, prosecutions, and arrests,” Massie said. ...
Some foreign holders of U.S. Treasury securities are selling them to buy oil, which is denominated in DOLLARS, not in yuan
Thank you for your attention to this matter.
DXY: 99.893
Foreign central banks sell US Treasuries in wake of Iran war
Wednesday, April 1, 2026
She's so . . . u n u s u a l
Sotomayor: Do You Want to 'Unnaturalize People?'
... Sauer replied, “No, we believe the court should do what it did in Sessions v. Morales-Santana, where there was a ruling that would have deprived people who are already citizens of citizenship, and the court said this applies prospectively only. We think that’s the appropriate course here. ..."
This is so great
Drudge version:
Actual version:
... Rubio, who was born to Cuban parents who were not American citizens at the time of his birth ...
The Newsweek story simply omits the crux interpretum involved in "and subject to" in the 14th Amendment.
Rubio's parents were subject to the jurisdiction of Cuba, and therefore so was he, making none of them citizens.
Same was true of Native Americans, none of whom were made citizens by the 14th Amendment. They were subject to The Nations, which the federal government recognized by treaties as nations within the American nation. Native Americans received citizenship by law passed in 1924.
14th Amendment:
All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens ...
It is high time that "and subject to the jurisdiction thereof" be treated seriously and not superfluously.
Peter Morici doesn't get it that Tehran already threatens the global order, without nuclear weapons, because it already decides who may safely pass through the Strait of Hormuz
... With nuclear weapons in hand, Iran could threaten the global order with impunity. ... Tehran would recover, build atomic weapons, decide who may pass safely through the Strait of Hormuz, and slowly strangle the global economy by demanding tribute for access to precious Gulf oil and LNG.
Very odd essay.
Here.
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