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Robert Kennedy is bitching.
Right rj. Blood in the water. Robert Kennedy (69) will win NH easily regardless who or when they run. Smart move on his part Lots of activity here already by all candidates.
Apparently we can’t handle neolithic Sudan in an evacuation.
I doubt many of us are looking for a peaceful future my friend. Every world leader is looking at the weakness of the US and Europe thinking payback time. Easy pickings.
I definitely am disturbed by oil prices going up and benefitting certain authoritarian governments.
Yes. Russia for one. And they have a lot of gold.
Right now I could use some gold to pay for my fuel oil and electric bills which have just about doubled.
I asked my wife if she’d buy me a barrel of light west Texas crude for my birthday.
So many pieces to the puzzle. Biden/Kerry are obsessed with climate. Then Ukraine. Then Taiwan. LGBT And MAGA always. That’s the agenda and it’s all bad.
As to supply, Venezuela? Mexico? Can’t do much more with Canada. Biden’s fist bump with Saudi Arabia didn’t work either.
The impact of China opening will be on the supply side. Commodities. And that means higher inflation no matter what the administration wants.
I’m watching the administration for cracks in internal support. But no one is leaving yet. Maybe they are all daft.
Stand corrected. “Female who says she’s male”. He murdered the kids I guess. Or did she?. Either way we are in crazy territory. Fascinating.
All of what you say is true but my gut tells me there is something else going on that is truly evil having to do with technology and biological science. It’s subtle, ubiquitous and bending the curve of what it means to be human at least as we have known it. I see people all the time who are angry but they don’t know at what or why.
A female who says he’s male writes a manifesto, kills some kids and a couple of adults in a Christian School randomly to get even with his imagined tormentors and gets some support from allies in the media post mortem. Love to know what meds he was taking. Love to hear what he wrote in his manifesto. The tell in all this is that we are not allowed to know. The media wants me to know that I lack compassion because of a pronoun deficiency.
Most of what I have ever believed I now know was a lie.
None of this makes any sense. Jenifer Granholm is a lawyer running our energy policy. She’s our go to girl on energy? I’ll bet if you asked her what the composition of the atmosphere was she would not know. I do know that CO2 is the mans source of plant food. If some places get warmer or cooler so what? Adapt. All of the Rube Goldberg stuff is absurd.
My solution, go nuclear.
Was SVB holding crypto deposits or providing services to crypto firms under the guise of the safety and security of the banking system? Do banking and de-centralized blockchains go together?
[quote quote=6965][quote quote=6964]
Let’s not forget we’ve had 15 years to get this right. Regulators have been securing our banking system since 2008 with reflated balance sheets, untold capital infusions and stress tests.
Stress tests were indeed put in place via Dodd-Frank. But they were subsequently removed for banks under $250 billion, like SVB, under the Trump administration (bill S.2155), when Republicans controlled Congress. Diane Feinstein had a prescient warning at the time. The vote was:
- Republicans: 50 voted in favor, 0 voted against.
- Democrats: 16 voted in favor, 31 voted against.
Paul Volker warned against the repeal, as well, among many others. Maybe we should repeal the repeal.[/quote] If legislation were judged on length and complexity, Dodd‐Frank would be a clear winner. 849 pages long and estimated to have introduced 27,278 new regulatory restrictions lets start by repealing Dodd Frank. It’s crushing regulatory weight has eliminated small to medium size banks and made it difficult for small businesses to borrow money. At best Dodd Frank has not accomplished what is was supposed to. It is an obstacle, not an enabler for economic growth.[/quote]
Pretty Good Dog.
I look at SVB and see an X $Billion failure that is well earned by the Officers and directors. They will face no penalty.
Then I look around the corner and see some guy named Biden throwing X Billions at a far flung war in Ukraine which I really think can go nuclear. Biden will face no penalty.
Then I see the home state of X Billion failure SVB sign on to a $560 Billion reparations gambit dwarfing whatever SVB did and Governor Handsome just nods in approval.
We all know what going on but we don’t know what to do. What I know is that none of these saps will ever get a standing ovation.
How soon till holograms run for office?
The probability of that is rising.
Neither Biden nor Fetterman can make coherent statements. Two days ago Biden was dribbling words out of his mouth at a gathering and proceeded to tell the group how much the Inflation Reduction Act was helping the country. Except that he combined the two words and called it “The Refluction Act. Earlier he called Macron, Macrone. Then Rishi Sunak, Rashid Sonook. Every day this happens. And AWOL Fetterman has become Forgetterman on his best days. Feinstein is not far behind. I don’t think any of them know fact from fiction.
Larry Kudlow did a segment last week going over the numbers. He said Russia is still selling 10 million barrels a day – same as a year ago. Up until that point the price was around $6o/barrel pre covid Trump years. That same barrel gets $80 today. China and our friend India make up the lost EU revenue. Today’s price gets Putin $295 Billion/year as opposed to $219 billion pre war. That’s plus $75 Billion a year. Enough to fight a war with some left over. Putin is playing with house money but we are the house. Pre Covid we were at 13 plus million barrels a day. Right now we are at 12. That is Biden’s war on oil. Putin saw the opening last year when oil hit $100 and walked into Ukraine. He did exactly the same thing in 2008 when oil went over $100 and took most of Georgia. He did the same thing in 2014 when oil hit $100 and picked off Crimea.
WE are subsidizing HIM and drawing down our strategic reserves.
The energy playing field is shifting. It’s fascinating geo politics. Seems like the EU and Americas going one way and Asia, Russia and Middle East another. Japan might be the odd man out.
I think we are holding an extremely weak hand with our leadership and I include Canada and the EU. A bunch of green fools are running the show. Where did they come from? And our adversaries know we’re in a corner.
Some scores are going to be settled including that Nord Stream Pipeline. I hope they put the breaks on this mess PDQ.
“I’d be interest to see a comparison of the number of “woke-oriented” non-profits, NGO’s, voter turnout groups there are and their aggregate number of members compared to their conservative counterparts. The amount of federal gov’t funding of the the former, I expect, dwarfs that of the latter.”
Yes. Take a look at the 2020 Form 990 of the Gates Foundation to see what the power of a mammoth donor looks like. Scroll down and look at what it gives to the Clinton Foundation as just one example.
s://projects.propublica.org/nonprofits/organizations/562618866/202143159349100004/full
