Interest rate follies

Opinions are like a-holes. Everybody has one. Here's mine. The opinion, that is.

 

Everything that Trump needs is in his own hands. Just print money without borrowing. The only difference is that it isn't backed by debt. What is so sacred about debt? The idea that debt will restrain government has already gone out the window. Indeed, debt is being used to repudiate debt. Debt implies interest payments, which become so onerous that the debt can never be repayed.

Something has to back the currency in order for people to have confidence in it. That will be the objection to such a strategy. Why should anybody have confidence in it now? The debt won't be paid. Maybe issuing currency won't solve the problem, but the current method isn't working either.

Issuing debt will be an end-run around the Fed. The Fed is abusing its power. If you have the gonads to do what is needed, you ( meaning Trump ) will issue the currency like Abe Lincoln did at the beginning of the Civil War.

Issuing Greenbacks might be overturned, as it was back then. However, if Trump ever did this, he should never back down as Lincoln did. Trump could tell Congress to stop him if they can, and just do it. Like a lot of things he COULD do, but won't. That's because he's afraid they'll call him a King. But they're going to do that anyway.

Tracking device on killer shows a lot of red flags, but that's not the whole story

Notice anything about the story??? We live in an increasingly fishbowl kind of world of no privacy whatever, but the government doesn't want you to know that. So they phrase this story in a way that won't say that the device being used to set up a travel history and tracking is nothing other than the alleged killer's cell phone.

 

But they'll say that it is being used for a good cause! My argument to that is: If the authorities cannot do their jobs without impinging upon our freedom, then whatever good it does in this case won't be worth the cost to us of our freedom. Just my opinion...

https://t.co/R1Y8virpGw --- The authorities don't want you to know the full story. Doesn't surprise me. Governments lie their butts off.

— BootsandOil (@BootsandO6892) June 19, 2025

Ooof. That's gonna hurt

Starship blew up again. Oh, my. It happened AGAIN. What's up with those guys?

 

Scott Manley seems to think that may look a lot worse than it really is. I'm of the opinion that is may be WORSE than what it appears. A string of failures is not a good look.

There could be a delay of several months depending upon how much damage was done to the facility. Not to mention that they've got another problem to solve with this cursed ship.

You can't stop the clock

 

There seems to be a paralyis of analysis going on these days. However, you do not have infinite time in order to get on with it. That is, unless the intention is to do nothing at all. With respect to anything significant on just about any subject, I suspect that nobody really wants to make their move. But the clock is ticking.

Just scanning the news seem to indicate that major initiatives cannot be followed up on. No need to identify them. We all know what they are.

The Phenomenon of Useless People - by Robert Ringer

The Phenomenon of Useless People - by Robert Ringer: I’ve always been fascinated by the phenomenon of useless people.  The evidence suggests that uselessness has nothing to do with a person’s occupation, because there are useless people in all fields of endeavor — useless waiters, useless teachers, useless plumbers, and useless doctors, to name but a few with whom I’ve had firsthand experience.  Even …

Comment:

I'm glad he has something to say. A cat seems to have swallowed my tongue these days. Is uselessness contagious?

Fishbowl world

The video below is a procedure to remove stuff off your disk. It's about the only thing that Microsoft is good for as far as I'm concerned, and there's an equivalent for Linux, but I haven't tried it yet. More below. Here's the vid.

Microsoft, Apple and Google have crossed the lines into evil. They've turned our country into a fishbowl, where there's no privacy whatever. Actually, we already had a fishbowl. But the fishbowl has gotten infinitely worse. A fishbowl is not what the founders had in mind when they made this country. It's one of the reasons that things are falling apart. One of many reasons. But I repeat myself.

Time to get away from MAG

 

MAG defined: Microsoft, Apple, and Google. This AI stuff is out of control. Reminds me of the government. Might as well BE the government. Know what I mean, Vern?

Checking in, 6/16/25

 

The drought of posts continues.

The biggest news item is the war, which some are calling a World War already. It would seem that any future war, if there isn't already one, will be a world war.

The casualty in war is the truth. How do you get the truth about what's happening in the war? Both sides will lie, or it isn't a war.

I don't have much to say about it because there's no way to really know what is going on. It is a matter of state, and war is a matter of state. Which means you and I get the mushroom treatment.

The war in Ukraine is several years old, and appears to be getting worse. Maybe it is about to hit the decisive stage, but who knows? Both sides say that they're winning.

As for Israel and Iran, the same will likely be the case. Israel will claim victory, but it looks like Iran is still fighting. Did Israel bite off more than it can chew?

Of course that means that the USA will get involved. Evidently our government will tell us that they tried to keep us out, but we have to enter. That is what I suspect anyway.

One would think that an air war could end it, but in the history of war, no air war has ever been enough. Things could get pretty hairy, if you know what I mean. One way to end a war was to use a nuke, but that has been forbidden ( I blush as I write this) by the "rules" for many years now. One way or another Iran was going to use them, and that's the problem with nukes.

There's no way their program was peaceful. They fully intended to nuke Israel because they figured they could stand the response from Israel.

Israel is said to have nukes, but they have denied it. So what will Trump do?

Not a pretty picture. The war will get settled one way or another. Countries cannot afford to lose wars, and a loss has to be forced on a country before it will capitulate.

Not normal times

 

Re-reading that last post, I may regret it someday. During normal times, such words are probably not wise. They may be even more unwise in these times, which are not normal.

The thing about the assassinations was that the left WANTS them. They want them in order so that they may use them for politics. The finger of blame has already been pointed, or so I've read.

They wanted Trump dead. So why should they expect anything different from what has happened? Now that one of theirs is dead, they expect everyone to be shocked and in sympathy to them. Not here.

Walz is on the "list". This same Walz said to "bully" Trump. I think Trump has been "bullied" enough, but evidently Walz doesn't think so. Why should Walz not expect to be on a list himself, then?

Just for the record, it would be better if there was no political violence. It would also be better if people behaved themselves, but this isn't a perfect world. So be it.

A bad omen?

In a lot of ways these days, I seem to be letting go. I have to make myself do things, it's getting that bad. So respect to the festivities today, I realize that the left wants an incident. My attitude? So what! When are we going to be the ones who's always afraid of something happening? The left provokes it, because they think that it will get them sympathy.

 

The end game for that is chaos. The left will always own the people who are afraid of what they may do. What happens if the so-called right say something like: "You want an incident?" "We'll give you a friggin' incident!" But that is not the attitude. The so-called right will restrain themselves while the left behaves in increasingly provocative ways.

 

An example is Iran. They openly flout those who would try to negotiate some reasonable behavior out of them. When they get to be too much, somebody has to take the bull by the horns, and give them what they've been asking for the whole time. This shit with Iran has been going on for over 40 years.

 

Time for the leftists to get theirs. They want it. As for me, I don't give a shit anymore. Showing sympathy to them is a weakness which they will exploit. That's why they do it! That's what they are counting on. I say stop giving it to them, and give them a good ass kicking, or get one. This has to be settled one way or another eventually. Better to just get it over with.

 

 

 

Maybe this one will bake your bagels

A little Bongino-ism there. Seems like we may be getting taken for a ride. It wasn't about ICE anyway. It was an arrest. This idea is explored ever deeper with the Substack. It is about remittances from illegals to their home countries. Imagine that! If Mexico has their fingerprints on this, it should be explosive, but I am not sure I would bet the ranch on it. Anyway, it should be enough to piss you off at least a little.

 

☕️ FIESTA IN LA ☙ Monday, June 9, 2025 ☙ C&C NEWS 🦠 by Jeff Childers

A C&C special edition takes on the LA riots— are they organic revolts against immigration enforcement, or is something else going on? Hint: it's always about the money.

Read on Substack

Trump acts like a King? Meh.

 

It's an Oscar winning performance for the left. The only ones listening to this nonsense are the RINOS and maybe Trump himself. That's who cares about the left's opinion.

The left thinks he's a pushover. They came up with a nickname for him "taco"--which means : Trump always chickens out. They did the same kind of thing to Bush. He was supposedly an idiot and the Second Coming of Adolf Hitler, but one lefty blogger called him a weenie. I know, I saw. Therefore, it is just a performance that only the nervous Nellies of the Republican side ever take seriously. It works and works and works. Trump had better suck it up, or he's gonna get steamrollered. He's really not that tough. Hopefully, he's not a marshmallow. Know what I mean, Vern?

Another stadium for Houston?

The Oilers left Houston over this issue. Then the Astros threatened to move, and so there was a referendum in Houston, which set up a Sports Authority. The Sports Authority builds the stadiums now. This referendum just barely passed. If it didn't, there's a good chance that Houston wouldn't have a professional sports team.

 

I voted for it. But now I wish I had not. The vote did not solve the problem. The problem is runaway player salaries. Stadiums become "obselete" because they don't raise enough revenues. They don't raise enough revenues because they don't have enough "amenities". The so-called amenities are luxury suites that can be sold for higher prices. Indeed, even the regular seating have prices that might as well be in the stratosphere.

Now the Houston area has this Sports Authority, and they have a team that can threaten to move if they don't get a new stadium whenever they want one. Screw it. No more stadiums, but I don't live in Houston anymore. Not only that, the Sports Authority exists, and can fund new stadiums before the old ones get paid for. The debt for the "old" stadium in Houston won't be paid for another two decades. But they want a new stadium now, and the price tag is a lot higher.

There needs to be a line drawn at some point, but where will that point be? If the teams want to move, let them move. People are going to have to start saying no to these unreasonable demands on taxpayers. If I had the opportunity to vote on something like this, my vote this time would be "NO".

LA is Bolshevik Revolution, says Larry Klaman

He says it must be crushed, but how do you go about it? Trump is following the law, but this is not about the law. It isn't about elective politics, either. I don't know how Gavin Newsom or any other political figure who can possibly think that this is a winning issue for them. They must be counting on people to be easy to flip. If at any time that people ARE indeed flipped by the left, then they will win.

 

We kinda stuck on what we can do to end this because people seem to have lost their judgement. You've got the college "educated" people voting for Kamala Harris---who's a complete dunce. The left has nothing going for them except their willigness to take action. Our side has everything on it side, except the lack of will to do anything about anything. It's hard to defend anything when you won't defend anything. Know what I mean, Vern?

https://t.co/qn4OJfCvdI --- Is this what it has come to?

— BootsandOil (@BootsandO6892) June 12, 2025

Elon Has Regrets

The Conservative Treehouse

 

Comment:

 

Regrets? I have many regrets about how many people seem to be losing their heads. Elon certainly seems to have lost his, but that's no reason why the rest of us should too... Elon has recognized this, and says as much. But will his critics ever do as much?

 

It is better to have Elon on our side than not... Elon has decided likewise. I sure hope people do not forget this outcome is about as good as it's going to get. It's not a pretty world out there. Elon needed to get his head wired up to his ass, which he has done. Wish I could say that for all the people on our side sometimes...