Saturday, February 7, 2026
Nancy Pelosi's Speakerships were a double-whammy of obscene spending unprecedented in the post-war which never delivered on the economic growth
The double whammy burger you order never looks as good as the picture.
Why everything sucks since the Great Recession: Real GDP in the 18 years since 2007 has been growing at a compound annual rate of just 2.004%
The compound annual growth rate before that, for the 60 years from 1947 to 2007, was 3.469%.
We're doing 42% worse.
It's uncanny.
Friday, February 6, 2026
We're already close to the first: As of Feb 2026, the average interest rate on the U.S. National Debt is 3.4% while the compound annual rate of nominal GDP growth from 3Q2007 to 3Q2025 is only 4.3%
One path to U.S. fiscal disaster is most alarming — and most likely
... An Everest of debt is an incentive for an inflation crisis to reduce the value of existing debt by paying lenders with debased dollars. But inflation would become baked into the expectations of investors, who would demand higher interest rates. Then R>G would bite: When interest rates paid on debt exceed the rate of economic growth, a crisis intensifies as rising interest rates depress economic growth. ... The most probable, and most ominous, outcome would be a gradual crisis. ... Nothing unsettles a middle-class nation more rapidly than inflation, a component of all of these crises. ...
Thursday, February 5, 2026
Hi yo sil . . .
... Spot silver prices were trading almost 12% lower at 8:32 a.m. ET, at around $77.42 per ounce ...
Wednesday, February 4, 2026
We had a lousy 4-day federal government shutdown and the Feds now need until Feb 11 to report jobs, but private payrolls came out today with a pathetic +22k
Just skipping along the surface of a lake like a stone headed under.
The maggots like Steve Bannon are trying as hard as they can to provoke violence to justify invocation of the insurrection act and martial law
I just signed up to become a permanent mail-in voter after seeing this today.
Was the 2024 election stolen, Steve, you moron?
Total disapproval with Trump makes new second term high 56% at Trump-friendly Rasmussen Reports
His total approval was 56% on the first day of polling of the second term, 23 Jan 2025.
His total approval now at 43% revisits that low first hit on several days in early December.
Quite the reversal in just over one year.
Tuesday, February 3, 2026
The biggest number in this story is $293.6 million
Wake me when the New York Post writes a story entitled:
Trump's $75 billion ICE Police State rammed through right-wing Congress at taxpayer expense under phony reconciliation rules
The New York Times on the global economy had me and then it lost me
Because it, like too many commentators, uses an obsolete dollar index in DXY, which measures dollar strength or weakness relative to just SIX currencies: EUR, JPY (!), GBP (!), CAD (!), SEK (!), CHF (!).
The Federal Reserve has developed broader indices weighted to the countries the U.S. trades with the most.
U.S. GDP is $31.1 trillion.
EURO ZONE GDP: $16.5 trillion.
Japan: $4.3 trillion.
Great Britain: $3.6 trillion.
Canada: $2.3 trillion.
Sweden: $0.6 trillion.
Switzerland: $1 trillion.
Global GDP: $117 trillion.
... It’s as if cars, instead of slowing down at a flashing yellow light as expected, started speeding up. ...
The traditional connection between the American economy’s performance and the value of the dollar has also been snapped. Uncertainty tends to increase the dollar’s value compared with other currencies as investors seek a safe haven in risky times. But the dollar has sunk to its lowest level in years. ...
Analysts backed down on their predictions that Mr. Trump’s tariff blitz last spring would cause higher prices ...
Even by DXY standards, the dollar is not weak at 97, well within its long term average range between 95 and 105.
And The New York Times is ignoring that wholesale prices increased at a higher rate in 2025 than in either 2024 or 2023.
Traffic fatalities surged during the COVID-19
pandemic. This research highlights the fact that disadvantaged
communities bore the brunt of the increase and calls for holistic
solutions to promote equitable access to safe transportation.
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