Good Morning Breeze,
Bradley turn date today.
But with a full moon on Friday and WWW the next Wednesday and clx offsets mixed on the ten day for the rest of this and next week and not supportive on the 30 day, the only thing I'm counting on is time decay.
Debt Ceiling meeting with sleepy Joe and Congressional leaders on the 9th, what a set up for WWW!
Does anyone really think the Dems will blink on demanding a clear debt ceiling bill - ON THE FIRST MEETING?
OH YEA, I'm betting on that happening.
They have not passed a budget or a clear "Continuing Resolution" in 12 years.
A new world of Fed Funds rates exceeding the inflation rate is upon us, until Congress gets excess fiscal monetary policy out of conflict with the resultant inflation rate that excess fiscal spending causes, we are all going to be introduced to higher incremental Fed fund rates increases. A few pauses will occur, but additional rate increases will result with time.
Any Fed decision will be hedged and/or ugly until the Politicians realize they need to quit buying votes with other people's money!
Those who do not figure out they must manage the country's money for more than their re-election interests will sooner or later be voted out of control.
Sooner is the better in my world.
Pray that these fools don't continue to restrict investment in fossil fuels and rare earth metals in the USA, or we won't just see inflation be sticky it will be on a run away rate. Just as as it was in 2006 to July of 2008, a recession free era, where crude blossomed from a three bagger from $50.00 to $147.00.
These folks have spent Trillions on their climate change agenda and have not planned the necessary infrastructure transition to satisfy the necessary increased demand - not to mention maintain manufacturing competitiveness with inexpensive energy. Perhaps they don't recognize the reshoring going on, that relies on inexpensive power, or the fact that China is building out cheap coal power generating plants to the tune of hundreds more going out into 2030.
All to jump start an ideologue's vision and none of it based on free market demand attracting the investment from the private sector. Behold, we observe the greatest misallocation of Capital in the Free World's history! To save the planet while our competitors go the opposite way? No it is an evil plan to make us dependent on others natural resources (when ours are intentionally restricted by nefarious over regulation and by intent designed to be an intentionally expensive electrical infrastructure. Recall Europe's last6 winter if you need proof!
By then we'll be reliant on China's rare earth metals ( because we no longer harvest our god given resources (including crude and metals) that the rest of the World is making Trillions on. Couple that with a "Transitioned power infrastructure" that is expensive and precludes "MADE IN THE USA" being competitive.
These people offer us a government everything that will ensure our dependence on cheap products (from competitive emerging markets), absorb our income with expensive energy of all types, and spend our way into perpetual stagflation.
Wake up folks, we get what we vote into power, and so far it is a bunch of cry baby's because the spending punch bowl is being talked about being weaned to living within our means.
Shocking just shocking - the World does not owe us a thing. In fact, they plan and scheme about getting into our largesse.
A certain pinch of paranoia is always prudent in my way of thinking!
Especially when the emerging markets are corruptly buying our politicians their allegiance for assuring we as a country become dependent and noncompetitive. Foreign corporations fund offshore corporations who make tax free distributions to politicians family member via client attorney privilege law firms!
ALL BEING DONE OUT OF SIGHT AND UNDER THE TABLE HUSH MONEY!
They then stand before us an claim those nasty billionaires who create innovative products that literally change the world and scold them for not paying their fair share (50% plus of their personal income).
The hubris and complete doctored up lies is astounding!
If their lips are moving, they in fact are doing to an even more disgusting way, what they blame their opponents for doing.
We need some perp walks and we need them fast.
Incarceration to the fullest extent of the law and the absolution of presidential pardons is needed ASAP!
Treason trials come to mind!
Pardon my rant!
Bob |
