TRUE BORN SONS OF LIBERTY

Sunday, June 7, 2026

Nothing good ever came out of Sweden

Like moths drawn to a flame, this moron has 1.2 million followers

OMG I hope it isn't me

Global week ahead: Soccer isn’t the only thing that’s kicking off

CNBC seems to think this is a great header for their story

I have a hard time getting excited about bond yields surging 7% in the wake of the Iran war when they already surged 368% since 2020 to the end of February

100 days of the Iran war: How global markets and the economy have been affected, in charts

... Yields on U.S. Treasurys are among those to have surged in the aftermath of the war ... U.S. 30-year Treasury yields have surged ...

Progressive Dems wanted Biden to just shut up and disappear in 2024, and nothing has changed

They have learned nothing.

When you adopt the narrative of your enemy, you lose.

Jill Biden’s Book Is Last Thing Dems Need Right Now

Arwa Mahdawi, The Guardian

Jill Biden Still Trying To Gaslight Us

Washington Times

Saturday, June 6, 2026

Whelp, that didn't take long

U.S. confirms second Texas screwworm case, Canada restricts livestock imports

That's unfair to Harris, she came in fourth in California

Again, what doomed Democrats was betraying their sitting president in the ninth inning.

Autopsy? Unhappy Biden Term Doomed '7th String' Harris

Joseph Campbell, The Hill

A lasting legacy of Donald Trump may be The Wall after all

But Mexico is still not paying for it.

Trump Builds the Wall

Byron York, Washington Examiner

... Construction that was slow during Trump’s first term, and abandoned during Joe Biden’s time in office, is now accelerating in Trump’s second term. The key was the passage of last year’s One Big Beautiful Bill Act, which included $46.5 billion for the construction of what is now called a “smart wall” — that is, a wall that includes not only the basic structure but detection technology, cameras, lighting, and roads.

According to U.S. Customs and Border Protection, 221 miles of what is called primary smart wall are currently under construction. Contracts have been awarded, and design is underway for an additional 370 miles. Another 44 miles of replacement wall are under construction, plus 183 miles of secondary wall to provide backup security in high-traffic areas where there is already a primary wall.

Things are moving quickly. “Construction crews are erecting five miles of wall a week, according to Customs and Border Protection officials,” reports the Washington Post.” The crews are “introducing barriers in parts of Texas that did not previously have them and installing a second wall across much of California, Arizona, and New Mexico to further deter illegal immigration.” ...

The U.S. federal government has spent north of 100% of what it takes in for most of the time since 1901, that's why we're $39 trillion in the hole, but 2009 and 2020 when Nancy Pelosi was Speaker of the House still stand out

Warren Buffett's right hand man Charlie Munger was fundamentally anti-social

... "You don’t need other people. The point of getting rich is so you don’t have to need other people, so you don’t have to get along with others.” ...

Quoted here.

As a percentage of population, the long term unemployed ticked up to 0.72% in May 2026 from 0.66% in April

Both silver and gold have lost their 2025 mojo year to date because oil, up 68% so far in 2026, is where it's at, Jack

Friday, June 5, 2026

Everything sold off today

Stocks were down across the board, with the NASD 100 notably down 4.77%. The equal weight S&P 500 is down 0.52% month to date.

The Tech sector was down the most on the day, 5.78%.

The Consumer Staples sector was up the most on the day, 1.64%, which looks defensive against a possible coming recession. The Utilities sector was up half that.

The U.S. 10Y yield rose to 4.55%, and the 20Y and 30Y yields rose above 5.00. YTD return for VUSUX is now down 0.85%.

Oil retreated 3%.

Metals were down across the board, silver down over 8%.

Crypto was down across the board, too, with Bitcoin falling below $60k.

But DXY climbed! +0.658 to 100.071.

The theory is investors are upset that today's "strong" jobs numbers (the 70k hospitality hires is probably World Cup related, a one off, so forget that) indicate easy money from the Fed is now absolutely out of the question, and maybe even a rate increase is coming because the economy is running too hot, which is silly with 1Q GDP at 1.6% annualized. CNBC called that "solid" lol.

Jokers say everyone's just raising cash to buy overpriced SpaceX in its IPO next week.

Investors are taking profits ahead of SpaceX IPO, says Capital Wealth’s Kevin Simpson

SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says

The increase in Saudi oil exports through the Bab-el-Mandeb Strait in April 2026 came to about 3.3 million barrels per day according to Kpler

Iran’s threats against this Red Sea choke point are a big vulnerability for the oil market

... Oil and product exports through the Bab el-Mandeb nearly doubled to 7.2 million barrels per day in April compared with 3.9 million bpd in February before the U.S. and Israel attacked Iran, according to data provided by Kpler.

The interactive chart by Kpler in the story is a shipwreck.

The data is in millions of barrels per day passing through, as explained in the story. Unfortunately you don't see "million" anywhere in the chart.

What you see is 5.2B, 7.7B, 2.9B, etc., which could easily be misinterpreted as either "barrels" or "billion".

The proper designation should be MMb/d or perhaps MMB/D in the chart, but maybe just leave that out entirely next time because it's already too busy and just put "million" in the subtitle before "barrels" and leave it 5.2, 7.7, 2.9, etc. in the chart.