The Fed Is Going to Trigger a Recession
Within Six Months
Posted By: Hazymac, 4/5/2022 5:31:55 PM
The bond market is telling us that the Fed is in very serious trouble. Bonds are quite complicated, so I’m going to do my best to keep things very simple here. The Fed ended its Quantitative Easing (QE) program through which it prints new money and used it to buy assets from Wall Street in early March. Since that time, the Fed has also begun raising interest rates, implementing its first rate hike of 0.25% on March 17th. Historically, when the Fed begins raising interest rates, it looks to the 2-Year U.S. Treasury for guidance: the Fed tracks the yield on this bond as a proxy for where rates need to go.
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Mitt Romney is thoroughly damaged by Trump derangement. This has been evident for a long time over the last four years, but his vote to confirm Ketanji Brown Jackson is a bridge too far.
For a man of the Mormon faith to accept a judge who is perennially partial to purveyors of child pornography is incomprehensible. How does a man with five sons and twenty-four grandchildren suffer from the same blind spot as Judge Jackson? Only his hatred of all things Trumpian, like common sense, can explain such an appalling breach of American values, let alone Mormon values.
He is a carpetbagger, but he represents the state
A federal judge has thrown out an obstruction charge against a defendant charged with breaching the Capitol on Jan. 6, 2021, a ruling that could reverberate across hundreds of cases stemming from the attack on Congress.
In a 29-page opinion issued Monday, U.S. District Court Judge Carl Nichols ruled that ambiguities in the federal obstruction law required him to narrow the case against defendant Garret Miller, who is facing multiple felony charges connected to the attack. Under that narrow interpretation, Nichols ruled, defendants can be charged with obstruction only if they directly attempt to affect “a document, record, or other object” in order to hamper
The bond market is telling us that the Fed is in very serious trouble.
Bonds are quite complicated, so I’m going to do my best to keep things very simple here.
The Fed ended its Quantitative Easing (QE) program through which it prints new money and used it to buy assets from Wall Street in early March. Since that time, the Fed has also begun raising interest rates, implementing its first rate hike of 0.25% on March 17th.
Historically, when the Fed begins raising interest rates, it looks to the 2-Year U.S. Treasury for guidance: the Fed tracks the yield on this bond as a proxy for where rates need to go.
Understanding the Progressive Mind
8 replies
Everyone in Washington understands the basic causes of inflation. If you print more money than you have real assets like gold to back it up, you devalue your currency and make everything cost more. If you declare war on fossil fuels, shut down pipelines, close vast oil fields like Anwar, and don’t approve drilling licenses generally, you cause the price of everything to go up, because virtually everything requires energy to produce. If you spend vast amounts of government money inducing individuals not to work, employers will raise wages to entice them to work, and that, too, will cause prices to go up. It’s not rocket science.
Despite understanding these consequences,
We need to talk about Kamala Harris — by way of Presidentish Joe Biden.
Who knows if this will actually go anywhere, given the partisan rot infesting the Department of Justice, but “the Big Guy” has reemerged in the Hunter Biden grand jury. As Christopher Tremoglie quipped on Monday, “Biden once denied knowledge of Hunter’s business dealings; now, he’s certain they were not illegal.”
While it’s difficult on some days for Biden pére to discern anything, how is it at all possible for even the most cogent person to determine the nature of something about which they possess no knowledge?
(Insanity Wrap promises to try and avoid such George Will-esque pretentious
President Joe Biden is shifting blame for his party’s unwillingness to tackle spiraling crime straight to the firearm industry.
His administration released his Presidential budget request, which outlines his priorities for the coming year. At the top of the list are plans to target the firearm industry for the failures of his administration to support law enforcement.
President Biden proposes to spend $20.6 billion for the Justice Department for federal law enforcement, crime prevention and intervention. Tucked into that spending proposal includes plans for the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) to hire 140 special agents and another 160 Industry Operations Inspectors (IOIs).
Politics Over Policing
This shows the Biden administration
Thank God for the Twitter account “Libs of TikTok.” Whoever the anonymous woman running that account is, she’s doing the Lord’s work when it comes to exposing the general public to the entitled brats now working as teachers in the public school system across the country. It’s hilarious and horrifying all at once, and something needs to be done about it if we’re going to stand a chance of returning to sanity in this country. A lot of teachers, and I mean a lot of them, need to be tossed out on their asses, and soon.
What Christopher Rufo did to expose Critical Race Theory, Libs of TikTok is
Mark Zuckerberg Involved in Significant
2020 Election Interference, New Documentary Exposes 9 replies
2020 Election Interference, New Documentary Exposes 9 replies
Big Tech continues to be called out for its role in interfering with the 2020 election. On Thursday, as I covered, Republican members on the House Judiciary Committee sent a letter to Facebook's Mark Zuckerberg and Twitter's Parag Agrawal about censoring the Hunter Biden laptop story. Also on Thursday, Citizens United President David Bossie went on Fox News' "Hannity" to promote a new documentary, "Rigged: The Zuckerberg-Funded Plot to Defeat Donald Trump." Bossie will host and narrate the film, which will premiere at Trump's Mar-a-Lago Club in Palm Beach, Florida, on April 5, which is when it will also be available for download.
A World Gone Mad
6 replies
“If the current administration is in office much longer, canned goods, a generator, water and ammunition would be your best investments.”—
Edward D. Jones, 4/20/21
There is no denying it. There is a madness, a type of cancer that has taken hold of our world. Yes, this planet has never been at peace… mankind is what it is, we go our own way, but we are seeing a craziness at a level never seen before.
Governments everywhere, including here in the USA, have abandoned God, good government, law and order, common sense, and traditional Judeo-Christian values. They have jumped in with both feet into the dark and shadow
What We Can Learn From Russia's Debacle
5 replies
If Putin had followed the advice offered in the Belmont Club just before the Ukraine War, Russia might still be a first-rank power. On Feb 21, 2022, I argued that he had no chance of conquering Ukraine and would be crazy to try. “Fears over Vladimir Putin’s threatened invasion of Ukraine continue to grow despite the fact that the effort would burst both Russia’s military and economy, not to mention ruining its foreign relations. Swallowing a poison pawn makes so little sense that UK Prime Minister Boris Johnson says Russia’s Putin may be ‘irrational,’ unable to act in his own best interests.” Invading only to fail was so absurd
Back in 1967 when Disney World was just a gleam in Mickey’s eye and states around the country were vying for Walt Disney’s approval to build his second theme park, the Florida legislature passed the Reedy Creek Improvement Act, which gave the Walt Disney Company a special carve-out, making it a self-governing enclave.
The Act gave Disney “the ability, the power to build a nuclear power plant, an airport manufacturer, distill and distribute alcoholic beverages and lots of other things,” said Dr. Richard Foglesong, author of Married to the Mouse in an interview with a Florida TV station last year.
In a victory for female athletes, champion male cyclist Zach Bridges, who now prefers to be called Emily, won’t be able to race against real women. [Tweet] Union Cycliste Internationale (UCI), the world governing body for international competitive cycling, made the call that Bridges won’t be allowed to compete against real women. The decision was made after female cyclists threatened to boycott the race en masse.
“It’s not transphobic to want fair sport—it’s anti-female to not,” said Sharron Davies, a former Olympic swimmer for England
Davies believes the threat of a boycott helped UCI make its decision.
“It would not have been fair to ask Laura Kenny
Most Active Articles (last 48 hours)
Barack Obama was at the White House yesterday, making it clear, as did others at the reception held in Obama’s honor, that Biden’s presidency is over. Watching Obama suck the oxygen out of the room made me wonder if Obama is planning a comeback, something he can easily do. (snip) The reception in Obama’s honor, though, hinted that the event’s real purpose was to signal to Democrat apparatchiks that Biden is now shark chum.
The chumming process began when Obama referred to Biden as the “Vice President,” adding, after a long pause, “that was a joke.”
A church in suburban Chicago said it is “fasting from whiteness” during Lent, the 40-day period preceding Easter—by abstaining from performing hymns composed or written by white musicians. First United Church of Oak Park announced on its website that it “is doing a mix of ‘giving something up’ and ‘taking something on.’ “In our worship services throughout Lent, we will not be using any music or liturgy written or composed by white people. Our music will be drawn from the African American spirituals tradition, from South African freedom songs, from Native American traditions, and many, many more,” it said.(Snip)The house of worship also erected a “Fasting from
A referee needed 30 stitches after being brutally attacked by a bunch of eighth-graders at a youth basketball game in Georgia, according to TMZ. The mayhem was captured on video Sunday at the “Love Of The Game” event at the Stronghold Christian Church. TMZ reported that multiple players from one team and spectators at the game appeared to chase the referee before pinning him to the floor, punching and kicking him. Kenneth Tarver, the founder of KB Sports, which helped host the youth tournament in Lithonia (about 30 minutes from Atlanta), said he doesn’t know what caused the incident.(Snip)“The referee appears outnumbered from the very start,
Democrat Congressman Adam Schiff (CA) on Tuesday announced he tested positive for Covid-19.The 61-year-old lawmaker is fully vaccinated and boosted.“This evening, I unfortunately tested positive for COVID-19,” Schiff said. “I’m feeling fine, and grateful to be vaccinated and boosted. In the coming days, I will quarantine and follow CDC guidelines.”“And remember, please get vaccinated!” he added.(Tweet) Several Democrats have tested positive for Covid in the recent weeks.
Roy P. Disney, the grand-nephew of Disneyland founder Walt Disney, jumped Tuesday into the feud between Florida Gov. Ron DeSantis and the Disney empire with a fundraising plea in which he disclosed that he has a transgender child. Mr. Disney, whose grandfather Roy O. Disney founded the company with his brother Walt, said in a fundraising pitch for the Human Rights Campaign that he was “heartbroken” over the Florida bill barring schools from discussing gender identity and sexual orientation with students in grades K-3.
“My wife, Sheri, and I have been members of HRC for over 20 years,” said Mr. Disney in the email. “Equality matters deeply to us,
Barack Obama made a return to the White House last night to revive the dying Democrat brand ahead of midterm elections. It can’t be overlooked that saving Democrats might have to include aborting Brandon, because if anything was accomplished in his first official visit since welcoming Trump at the North Portico, Obama utterly shamed the sitting president.
Former President Barack Obama tweeted support for President Biden Tuesday evening shortly after an embarrassing video emerged from a health care event the two hosted earlier in the day.
Obama visited the White House, for the first time since leaving office in 2017, where he and Biden hosted a health care event in which they touted the Affordable Care Act and discussed options for making health care more affordable.
The former presidential duo was united again under the White House roof, but pictures and videos of the event showed people adoring the former president, even to the detriment of the man currently serving in the White House.
Megyn Kelly goes after ‘snot-nosed kids’
who want Biden to cancel their student
loan debt 25 replies
who want Biden to cancel their student
loan debt 25 replies
Megyn Kelly had strong words for those who are pushing for President Joe Biden to forgive their student loans, suggesting that neither she nor any other taxpayer should be on the hook for the financial obligations of “snot-nosed” kids if the administration eventually acts to cancel their debt. On Monday’s edition of her SiriusXM radio show, the former Fox News anchor addressed activist pressure on the White House to wipe the slate clean with calls for loan forgiveness coming from Rep. Alexandria Ocasio-Cortez, among others.
During her conversation with the hosts of the conservative podcast “Ruthless,” Kelly didn’t hold back on the entitled young people who want the government
Do you enjoy being taken out to the ballgame? What do you eat with your pack of peanuts?
Thanks to gender equality, the answer should no longer be “Cracker Jack.”
In a men-maiming move, Frito-Lay has repackaged its iconic candy.
Since manly mentions are Jacked up, feminists everywhere can now tear into a box of “Cracker Jill.”
OfficialFritoLay’s YouTube channel boasts an ad in praise of the improvement.
The company subscribes to a contemporarily common concept — people are unable to live aptly unless they see others who look like themselves:
Sometimes all it takes to believe you can do something is to see someone who looks like you do it first.
Congressman says he was the victim of
an 'unprovoked' attack by a fox outside
the Capitol 22 replies
an 'unprovoked' attack by a fox outside
the Capitol 22 replies
Democratic Rep. Ami Bera of California said on Tuesday that he was the victim of an "unprovoked" attack by a fox outside of the US Capitol on Monday evening. Bera said the attack occurred in the park area just north of the Capitol by Russell Senate Office Building, "I was just walking, as I often would, over by that park," the congressman explained to Insider and a group of other reporters. "I felt something lunge — totally unprovoked — at the back of my leg." Bera added that it "felt like a small dog" had attacked. "I don't know if it actually
Disney Names Hillary Clinton Campaign
Deputy Communications Director as Lead Spokesperson 22 replies
Deputy Communications Director as Lead Spokesperson 22 replies
The Walt Disney Co. has named Kristina Schake as its new lead spokesperson. The political operative who worked as an aide in the Obama White House and again as deputy communications director for Hillary Clinton’s 2016 campaign will start immediately.
The appointment comes after President Joe Biden tapped Schake last year to lead the coronavirus vaccination campaign at the Department of Health and Human Services, where she was counselor to secretary for strategic communications. She departed at the end of 2021. Schake also co-founded the American Foundation for Equal Rights, which challenged the state’s ban on same sex marriage and was ultimately overturned with a Supreme Court decision in 2013.
MSNBC host Joy Reid outdid herself in the “vicious” category on Twitter, comparing Republican voters to al-Qaeda, the terrorists who killed thousands of Americans on 9/11, and then going on to call the GOP the party of “pro-rape” while slamming white Christians.“Republicans vote like al-Qaeda fights: with a patient, long-term goal of seizing power and forcing the libertine culture to heel under the boot; no matter how many elections it takes,” she monstrously tweeted Tuesday.“That’s why those anti-voting laws work. They’re designed to frustrate voters out of even trying to participate.