The Burning Platform: https://www.theburningplatform.com/2021/10/17/living-in-a-potemkin-world “Every record has been destroyed or falsified, every book rewritten, every picture has been repainted, every statue and street building has been renamed, every date has been altered. And the process is continuing day by day and minute by minute. History has stopped. Nothing exists except an endless present in whichContinue reading “Living in Potemkin World”
Tag Archives: #bananarepublic
Doomberg on Powell
While far from being a fan of Jerry “The Put” Powell, Dormberg does a great job highlighting the banana republic in which we live. https://doomberg.substack.com/p/jerome-powell-is-finished The elephant in the room is whether you’re going to be renominated. Renominating you means gambling that, for the next five years, a Republican majority at the Federal Reserve, with a Republican chair who has regularlyContinue reading “Doomberg on Powell”
“Seven Days in May”: Treasury and Sedition
Before the facts, here’s the law: 18 U.S. Code § 2381 – Treason Whoever, owing allegiance to the United States, levies war against them or adheres to their enemies, giving them aid and comfort within the United States or elsewhere, is guilty of treason and shall suffer death, or shall be imprisoned not less thanContinue reading ““Seven Days in May”: Treasury and Sedition”
Banana Republic – Literally
The Personal Current Transfer Receipts (PCTR) report summarizes government social benefits and net current transfer receipts from business (unemployment). Simply put, it’s government welfare. And that welfare is behind the record surge in personal income in March when China Joe, the Sock Puppet “president,” distributed $1.9 trillion in “stimulus checks”. March PCTR payments ballooned toContinue reading “Banana Republic – Literally”
Weimar 2.0 Update: March 13, 2021
As of February 1, 2021, the US money supply (“M2”) was $19,432.4 million – call it $19.4 trillion. That’s up ~$4 trillion YoY or ~26% YoY. Remember that mark – a 26% YoY increase in the money supply against a GDP that declined ~1% YoY. And while you’re remembering consider, daily Federal spending closed outContinue reading “Weimar 2.0 Update: March 13, 2021”
27% of Household Income now comes from the Government
USBEA Personal Income and Outlays: https://www.bea.gov/news/2021/personal-income-and-outlays-january-2021 Let’s think in terms of a good news/bad news joke. Personal income increased $1,954.7 billion (10.0 percent) in January according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) increased $1,963.2 billion (11.4 percent) and personal consumption expenditures (PCE) increasedContinue reading “27% of Household Income now comes from the Government”
Ron Burgundy: Boy, that escalated quickly. I mean, that really got out of hand fast.
Was looking so good right up to crashing support. Wedges in bonds and stocks, to be precise. Can you say “fear and loathing?” I see a red door and I want it painted black. Count on Tim Knight (Slope of Hope) to explain this in metaphysical terms we can all understand: https://slopeofhope.com/2021/02/the-problem-with-distortion.html My point isContinue reading “Ron Burgundy: Boy, that escalated quickly. I mean, that really got out of hand fast.”
A Military Government?
James Bovard (Mises): https://mises.org/wire/troop-deployments-washington-are-disaster-waiting-happen “Tyranny in form is the first step towards tyranny in substance,” warned Senator John Taylor two hundred years ago in his forgotten classic, Tyranny Unmasked. As the massive National Guard troop deployment in Washington enters its second month, much of the media and many members of Congress are thrilled that it will extend untilContinue reading “A Military Government?”
Lunatic Fringe, I Know You’re Out There — Way Out There
Zman: https://thezman.com/wordpress/?p=22800 Z-man’s best lines in bold The Ride Never Ends Posted on February 10, 2021 The reboot of last year’s big political flop, otherwise known as Trump Impeachment, hit the big stage in DC this week. The Senate kicked off the show with a debate about the constitutionality of the whole thing. The old rule ofContinue reading “Lunatic Fringe, I Know You’re Out There — Way Out There”
The Rule of Law Slows China Joe, the Oligarch’s Loyal Puppet
Story in Epoch Times: https://www.theepochtimes.com/texas-judge-blocks-bidens-deportation-freeze-for-two-more-weeks_3690904.html?utm_source=news&utm_medium=email&utm_campaign=breaking-2021-02-09-2 Texas Judge Blocks Biden’s Deportation Freeze for Two More Weeks BY JACK PHILLIPS February 9, 2021 Updated: February 9, 2021 A federal judge in Texas extended the suspension of President Joe Biden’s 100-day moratorium on deportations until Feb. 23. U.S. District Court Judge Drew Tipton in the Southern District of Texas on Tuesday ruled that theContinue reading “The Rule of Law Slows China Joe, the Oligarch’s Loyal Puppet”
Econophysics2020 