Friday, September 30, 2022
Over..
The Pandemic is over, 800,000 died after I became the president of the United States.
Inflation is Transitory, will disappear soon
Can't feed your family.... its Putin,
Food Prices is high, but we gave you free money earlier.
Gas Prices is not going to be any worse until next year.
South border's open policy is ok, but keep them away from Sanctuary Cities.
Defund the police was one of our best actions we took, and violence is just some hungry acting out.
Not to worry, were doing everything by the book, similar to Leaving Afghanistan. Just a thought.
Wednesday, September 28, 2022
Titanic..
Let's go..... The Democratic party deliberately ignored the signs, and the inflation was called Transitory instead of dealing with it earlier.....Russian sanctions, oil problems, sanctions on Russian Gas....and here we are. Just a thought.
Sunday, September 25, 2022
The Game..
Wharton professor Jeremy Siegel has a big issue with the Federal Reserve's aggressive interest rate hikes in its bid to tame inflation, and worries that the central bank is making the biggest mistake in its history and may provoke a steep recession.
That's because, according to Siegel, inflation is starting to come down significantly and the Fed is still moving forward with its rate hikes.
The last two years [are] one of the biggest policy mistakes in the 110-year history of the Fed, by staying so easy when everything was booming," Siegel said.
Siegel expects the overly tight actions from the Fed will continue to weigh on stock prices, and if tightening actions from the Fed continue through 2023, "you can make sure that there's a major recession on the other side," Siegel said
Liz..
House Republicans voted to remove Wyoming Rep. Liz Cheney from her House GOP leadership position following her criticism of former President Donald Trump and his continued attacks on the 2020 election.
The results are now official in one of the most watched congressional primary elections in recent memory. Conservative challenger Harriet Hageman, the Trump-endorsed candidate in the race soundly defeated Trump-hating Congresswoman Liz Cheney in the Republican primary for Wyoming’s at-large congressional seat.
It represents a stunning loss for Rep. Cheney, who received 69% of the vote in her 2020 general election victory just 21 months ago.
The producers of the January 6th Hearings have sadly confirmed that their star Liz Cheney will not be returning for season 2.
Day light..
Sanctuary..
This..
Trickle..
Saturday, September 24, 2022
Giorgia..
Italians were braced for seismic change on Saturday, on the eve of an election forecasted to hand Italy the most rightwing government since the second world war.
Giorgia Meloni, the head of the post-fascist Brothers of Italy party, is widely tipped to become the country’s first woman to head a government.
Italy is battling a series of crises, from rampant inflation and extreme weather events linked to climate change, to an energy crisis aggravated by the war in Ukraine.
Their battle is really being associated with the US on the sanctions that is impacting italy the most. Just a thought.
Gridlock..
New York City traffic on Wednesday saw peak gridlock with President Joe Biden in town for the United Nations General Assembly. The stretch of congestion started Monday and last all week, and there's more to come after.
While the City is discussing the congestion in Manhattan, the President come to town, not sure for what reason.
Manhattan Streets and Avenues are blocked, and public, private traffic, and Medical emergencies stopped for hours just because the President is in town. He basically could have bad mouth Russia on Zoom talking to the UN Assembly, instead of disrupting 9 million lives in NY city.
Yet the Democratic Party Political machine cared so much about their own "taking Pictures to post." than anything else. Just a thought.
Be Gone..
The results are now official in one of the most watched congressional primary elections in recent memory. Conservative challenger Harriet Hageman, the Trump-endorsed candidate in the race soundly defeated Trump-hating Congresswoman Liz Cheney in the Republican primary for Wyoming’s at-large congressional seat.
It represents a stunning loss for Rep. Cheney, who received 69% of the vote in her 2020 general election victory just 21 months ago.
Hageman received an impressive 66% of the vote to Cheney’s underwhelming 29%. Cheney’s total includes votes from registered Democrats, who switched parties just to vote for Cheney out of their unhealthy hatred of Donald Trump.
The producers of the January 6th Hearings have sadly confirmed that their star Liz Cheney will not be returning for season 2.
Way..
Not..
We are not able to announce we are in a recession. First vote for us in November, then we can till you the truth. Today... You can't handle the Truth.
Ugly..
An interview with Bloomberg this week, Nouriel Roubini said that a recession is likely to hit the U.S. by the end of 2022 before spreading globally next year, conceivably lasting for the entirety of 2023.
“It’s not going to be a short and shallow recession; it’s going to be severe, long, and ugly,” Roubini said.
Roubini said that a recession is likely to hit the U.S. by the end of 2022 before spreading globally next year, conceivably lasting for the entirety of 2023.
“It’s not going to be a short and shallow recession; it’s going to be severe, long, and ugly,” Roubini said.
But with the current economic climate, the Fed’s soft landing goal is “mission impossible” according to Roubini, who sees the rapid rise in both corporate and government debt over the past year as a damning indicator.
BBB
Biden, in a tweet Tuesday,
President Biden
@POTUS
United States government official.
I am sick and tired of trickle-down economics. It has never worked.
We're building an economy from the bottom up and middle out.
9:39 AM · Sep 20, 2022
·The White.
Note: The idea of building the economy from the bottom up, is not to bring it to it's bottom first before you attempt to build it back better. Not to block the US energy project and not to sanctions the energy of Russia, knowing for a fact that this will cause inflation worldwide.
The White house always comes out after any speech by this President to say something to the effect "He really really didn't mean it". He himself got comfortable with that notion.
Wednesday, September 21, 2022
Track..
The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation.
In taking the benchmark overnight borrowing rate up to a range of 2.25%-2.5%, the moves in June and July represent the most stringent consecutive action since the Fed began using the overnight funds rate as the principal tool of monetary policy in the early 1990s.
While the fed funds rate most directly impacts what banks charge each other for short-term loans, it feeds into a multitude of consumer products such as adjustable mortgages, auto loans and credit cards. The increase takes the funds rate to its highest level since December 2018.
Victory..
A quote falsely attributed to Abraham Lincoln saying that America will be destroyed from the inside not the outside is circulating online. Several Lincoln scholars confirmed that this quote is fabricated. However, it is similar to a remark he made at a speech in 1838.
Cleanup..
Diviseve..
Tuesday, September 20, 2022
De-Flation..
CEO of electric vehicle maker Tesla (TSLA) has been repeating for the past few days his fears about what awaits the economy as the Federal Reserve prepares to raise interest rates again in the hope of countering the inflation at its highest in 40 years.
The central bank is holding a two-day monetary meeting on Sept. 20-21. At the end of this meeting, economists, expect the institution to raise its rates by at least 75 basis points, or 0.75% in view of the latest figures which show that the rise in the price of goods and services is far from calming down
The tech tycoon believes that a jumbo rate hike of 0.75% by the Fed is likely to trigger the equally worrisome scenario of deflation.
"A major Fed rate hike risks deflation," the billionaire warned on Sept. 9.
EV..
Electric cars require more energy to produce than conventional cars because of the lithium-ion batteries, but even after taking battery manufacture into account, electric vehicles are still a greener option than petrol or diesel cars, because of the reduction in emissions over the lifetime of the car. So it is a matter of Size, Cost and Time.
Monday, September 19, 2022
Gifts..
The Democrats talking ..We are Sanctuary Cities and States, we welcome the migrants.
Gifts to all... The Migrants are coming... The Migrants are coming.Fools..
Europe can thank the Democrats and the Biden administration for their war against crushing the US energy industry that led to massive divestments across the sector, which crippled oil production growth and refining capacity, and pressured/shamed the world into withdrawing any capital allocations to fossil fuels.
Ben Dell, chief executive of private equity group Kimmeridge Energy, said the shale industry’s investors on Wall Street would not give their blessing to a big production increase, preferring a low-production, high-profit model.
Rig counts in the US have started to fall and production has flatlined well below pre-pandemic levels. (Market flactuation)
On top of the Democrat-led crippling of the US energy industry, EU leaders have been on an ESG-crazed mission to decarbonize their power grids with renewable (now finding out -- not so reliable) energy and are frantically bringing back crude oil, coal, and natural gas power generators ahead of the cold season. Some EU countries are even extending the life of nuclear power plants.
You reap what you sow in higher gas prices, and inflation. Just a thought.
Sunday, September 18, 2022
Spending..
This White House's various foolish decisions, such as Spending, Sanctions on Russia which drove the gas prices so high, attitude, talks, and action against US oil companies, didn't help USA, Europe, nor the people of both worlds.