Tuesday, January 31, 2023

US Treasury Department in fiscal 2021 said US fiscal policy is unsustainable because debt to GDP will reach 700% by 2096

 Caused by deficit spending.

In other words, required spending by legislated programs is not being matched by required tax increases to fund that spending. The gap produces the deficits naturally year after year.

Eventually it goes to the moon.

 

Here.



Friday, January 27, 2023

People think he's dumb

 

Noted "bond king" Jeff Gundlach is unaware of the existence of the 27th Amendment, and wants to decrease bond supply to increase its value!


What a shock, huh? No deficit spending means no borrowing, and no new bonds, making the existing dwindling supply worth more and more!

Seriously, if we continued to pay interest on the debt out of current tax revenues as we do, and then amortized the debt principal of ~$32 trillion, you'd have to extract ~$3,212.85 in additional taxes every year for thirty years for every man, woman, and child alive now to have a hope of paying it off ($1.066 trillion per year).

Current federal receipts average in excess of $4 trillion already, so that's an increase of annual revenues to the federal government through taxation in excess of 25%.

About as likely as spending curbs.

Noted billionaire real estate investor predicts Weimar Republic hyperinflation if Fed continues to raise interest rates, LOL

 

Herr Sternlicht thinks you are a Dummkopf.

You can donate your own blood for your own use, you know

 

 
How would you know? Because they said so lol?
 
Gay people are the most promiscuous on the planet.
 
Meanwhile . . .
 

Autologous donors have long been permitted to donate blood for their own use even if they do not meet certain donor eligibility criteria that apply to allogeneic donors because autologous donors are not exposed to new transfusion-transmitted infections in receiving their own blood. 

More.

 

Wednesday, January 25, 2023

Employers with workers who think like this don't deserve your business

"Tipping is about making sure the people who are performing that service for you are getting paid what they're owed," said Schenker, who's been working in the service industry for roughly 18 years.

More




Yeah, well, I'm pretty sure a US attack submarine tracked it and practiced sinking it before it got anywhere close to 1,000km of the coastline

 If they weren't too busy checking their pronouns.



Those poor dears


Tuesday, January 24, 2023

LOL, VP Mike Pence found to have classified documents in his house

 Way to go, Brownie!




Turkey's Erdogan is back at it, trying to stop Sweden's entry into NATO

Finland Floats Solo NATO Entry After Erdogan Rejects Sweden

. . . on Monday, Erdogan ruled out supporting Sweden’s bid after a far-right activist burned Islam’s holy book in Stockholm.

 Erdogan has an election coming up, and needs the Koran crowd's vote.

Recent inflation optimism ignores that gasoline is up 11.8% in the thirty days since Christmas

 


Sunday, January 22, 2023

Breaking News: Americans discover they put Biden in the right place at the wrong time . . .

 Whole lotta refried confusion goin' on.



LOL, classified documents he wasn't supposed to have in the first place were "filed in the wrong place" Biden says

 


“We found a handful of documents were filed in the wrong place,” Biden explained Thursday during a tour of storm damage in California.


FBI found more documents Friday in a 13-hour search of Biden's home in the presence of Biden's attorneys. Trump's attorneys were not allowed to be present during the FBI raid of Mar-a-Lago.

Saturday, January 21, 2023

Biden has another classified document eruption: More material found in his house on Friday, dating to his Senate days and VP tenure

 The story broke less than an hour ago, here, just in time for the Sunday morning news programs.

 



Friday, January 20, 2023

There is no daylight between the IRS and today's left, which laughably presents The State as the chief check on wealth when it's the chief partner

 

 


Biden unlawfully possessed top secret documents for years before moving them to UPenn in 2018 and the FBI was never tasked with finding out how and why

 The initial documents, including some classified at the highest security level, were discovered in an office that didn’t open until 2018—meaning they were moved there from yet another unauthorized location and heightening the likelihood of more document finds. ... Hillary Clinton and Joe Biden are handled with kid gloves. Carter Page and Donald Trump—not to mention low-profile suspects—face the bluntest federal law-enforcement tools. ... The Justice Department seems unlikely to be done bestowing conveniences on this president.

More.

Thursday, January 19, 2023

LOL, griftor Louder with Crowder in $50 million contract dispute with griftee The Daily Wire

 “We here at Mug Club, we thought that we were all in this together, that we were fighting the media-entertainment industrial complex,” he fumed. “We thought that we were all genuinely taking it to Big Tech. But, too many of those in charge of the big conservative platforms are verifiably in bed with them. Big Tech is in bed with Big Con. The people you thought, the people I thought were fighting for you, a lot of it has been a big con.” ...  (Crowder, in his initial rant, failed to mention that he was offered $50 million over four years.)     

More.

There's a lot of money to be made in so-called conservatism.



Wednesday, January 18, 2023

After Nov 2 discovery of UPenn Biden Center classified documents, FBI agreed to let search for more documents be handled by the fox in the chicken coop

 DOJ and FBI are as corrupt as the day is long.

The Wall Street Journal, here:  

After Mr. Biden’s lawyers discovered documents marked as classified dating from his term as vice president at an office he used at a Washington-based think tank on Nov. 2, the Justice Department opened an inquiry into why and how they got there. Mr. Biden’s legal team prepared to search his other properties for any similar documents, and discussed with the Justice Department the prospect of having FBI agents present while Mr. Biden’s lawyers conducted the additional searches.
Instead, the two sides agreed that Mr. Biden’s personal attorneys would inspect the homes, notify the Justice Department as soon as they identified any other potentially classified records, and arrange for law-enforcement authorities to take them. 


The Congress' biggest ding-dongs believed the Russian Twitter bots hoax: Rep. Adam Schiff, Sen. Richard Blumenthal, and Sen. Diane Feinstein

 Over and over, Twitter – which was hardly sympathetic to Trump – told Schiff and his colleagues there was simply no evidence of Russian involvement. As much as some Twitter employees may have liked to report the opposite, to their credit they refused to participate in the scam.

Even after Twitter had informed Schiff and his fellow hoaxers that there was no Russian involvement, Sen. Blumenthal released a statement he knew was not true: “We find it reprehensible that Russian agents have so eagerly manipulated innocent Americans.” Again, this was right after he had been informed by Twitter employees - who were by-and-large strongly opposed to Trump - that there was just no evidence to back up such a statement.

More.