No doubt that you have heard of a labor strike before. This concept is a lot like the strike that was written about in Atlas Shrugged.
The thing that is happening these days seems to be that the commentariat likes to push a person's emotional buttons. So, to combat this, I propose to not participate. I am on strike. I refuse to play along with the games and circuses that are constantly pushed before us all.
It is very seductive, these games. Therefore, it won't be easy to refuse to partake in the fun and games.
Many years ago, I read this book about games. It seems that people play these games with each other. The common thing about games is their dishonesty.
If we could just get some honesty back into our discussions, it may be helpful in solving our problems. It just doesn't seem to help to get into these games. The games just makes things worse.
It's probably a lost cause, but what the heck. There's nothing to lose. If everybody keeps playing these games, we all lose anyway.
Al Fin: "Cowboy Commentary", aka "Eat your veggies" The Flag banner is posted in order to defy those who would make patriotic symbols illegal or disreputable.
Thursday, December 6, 2018
Tuesday, December 4, 2018
Don Surber: Bungling Bob Mueller exonerates Trump
Don Surber: Mueller inadvertently exonerates Trump: I laughed when Bungling Bob Mueller got his key witness against Donald John Trump to cop a plea for lying. How does that work in a courtroom...
comment:
The globalists may do themselves a favor, and get rid of this clown.
comment:
The globalists may do themselves a favor, and get rid of this clown.
It's the yield curve, ya'll
Updated:
12.4.18:
Just saw headline about the yield curve inversion that happened yesterday. In my opinion, this is not significant...yet.
If the yield curve inverts all along the yield curve--- which means the 1 month rate is higher than the 30 year bond rate, then you have a real yield curve inversion that means something.
What we have here is a beginning, not the end point. If the rate hikes don't stop, there could be a problem.
11.29.19:
1:00 pm:
Here's more evidence of Fed mismanagement, in my opinion. The Fed drops interest rates sharply in reaction to credit freeze ( summer 2007 ), but reverses course, and tightens again. However, they are in loosening mode thereafter. The Fed is signaling that something is wrong, but doesn't act aggressively enough to forestall the total breakdown that occurs in 2008. ( Just in time for the election )
8:00 am:
Seems like a "buzz" has been generated with this talk about the Fed and Trump. Can Trump do anything to the Fed in order to make it do what he wants?
The Fed is supposed to be neutral and independent. However, given everything else that has been happening, I wouldn't be surprised if there is some sort of monkey wrenching going on. That is to say, it could be sabotage. Therefore, if the government gives that much power to an independent entity, it could be a mistake. Don't know if that is the case here, but I would like to see at least some political accountability just in case the Fed gets out of control.
If rates go up too much, it becomes a drag on the economy, and that could mean recession. Therefore, Trump is doing all he can to try to prevent the Fed from getting too hawkish on inflation, and by doing so, start another recession. A recession during the Trump administration is exactly what he doesn't need.
Unless there are clear signs of accelerating inflation, raising interest rates much further is not justified.
What I tried to do with this post is to show how much power the Fed has over the economy. Fed policy mistakes can spill over into the political process. There is some suspicion by yours truly that this did indeed happen during the last recession. Obama could have gotten into power partly by the belief that Bush mishandled the economy.
11.28.19:
Obama is out there taking credit for the oil boom. Actually, this credit may belong more to "Dubya", but I may need to research that. Obama and the lefties have been trying to strangle the fossil fuel industry since he came into office.
Not to mention that Obama tries to take credit for the boom of the last two years. With that thought in mind, I write once again that the Fed has far more influence over the macro economy than Presidents do. But Presidents can muck things up, too.
Just look at the yield curve over the Obama years. It was flatter than a pancake the whole time. Only now does it begin to normalize.
But there is a danger. If you look all the way back to 2008, the yield curve was still partially inverted. This was after the recession was well under way. There is almost no excuse for that condition being in effect. The Fed could have done something about that, and should have done something about that. At this point, in early 2008, the credit freeze had already taken place, and that was the beginning of the recession. Rates were already coming down.
If you recall, 2009 was when Obama took office. At the time, everybody was blaming "Dubya" for the economic pain. If he was to blame, it was because he didn't do more to "jawbone" the Fed into reducing rates much faster. Bush was a gentleman, alright. Too much of one.
Trump gets criticized for not being a gentleman, but what good does it do to be a gentleman when the opposition will kick your teeth in? Bush was a gentleman, but his approval numbers went into the tank because he got all the blame for the poor economy.
Bush was too nice. Trump gets it. Nobody in the Establishment wing of the party seems to get it.
12.4.18:
Just saw headline about the yield curve inversion that happened yesterday. In my opinion, this is not significant...yet.
If the yield curve inverts all along the yield curve--- which means the 1 month rate is higher than the 30 year bond rate, then you have a real yield curve inversion that means something.
What we have here is a beginning, not the end point. If the rate hikes don't stop, there could be a problem.
11.29.19:
1:00 pm:
Here's more evidence of Fed mismanagement, in my opinion. The Fed drops interest rates sharply in reaction to credit freeze ( summer 2007 ), but reverses course, and tightens again. However, they are in loosening mode thereafter. The Fed is signaling that something is wrong, but doesn't act aggressively enough to forestall the total breakdown that occurs in 2008. ( Just in time for the election )
8:00 am:
Seems like a "buzz" has been generated with this talk about the Fed and Trump. Can Trump do anything to the Fed in order to make it do what he wants?
The Fed is supposed to be neutral and independent. However, given everything else that has been happening, I wouldn't be surprised if there is some sort of monkey wrenching going on. That is to say, it could be sabotage. Therefore, if the government gives that much power to an independent entity, it could be a mistake. Don't know if that is the case here, but I would like to see at least some political accountability just in case the Fed gets out of control.
If rates go up too much, it becomes a drag on the economy, and that could mean recession. Therefore, Trump is doing all he can to try to prevent the Fed from getting too hawkish on inflation, and by doing so, start another recession. A recession during the Trump administration is exactly what he doesn't need.
Unless there are clear signs of accelerating inflation, raising interest rates much further is not justified.
What I tried to do with this post is to show how much power the Fed has over the economy. Fed policy mistakes can spill over into the political process. There is some suspicion by yours truly that this did indeed happen during the last recession. Obama could have gotten into power partly by the belief that Bush mishandled the economy.
11.28.19:
Obama is out there taking credit for the oil boom. Actually, this credit may belong more to "Dubya", but I may need to research that. Obama and the lefties have been trying to strangle the fossil fuel industry since he came into office.
Not to mention that Obama tries to take credit for the boom of the last two years. With that thought in mind, I write once again that the Fed has far more influence over the macro economy than Presidents do. But Presidents can muck things up, too.
Just look at the yield curve over the Obama years. It was flatter than a pancake the whole time. Only now does it begin to normalize.
But there is a danger. If you look all the way back to 2008, the yield curve was still partially inverted. This was after the recession was well under way. There is almost no excuse for that condition being in effect. The Fed could have done something about that, and should have done something about that. At this point, in early 2008, the credit freeze had already taken place, and that was the beginning of the recession. Rates were already coming down.
If you recall, 2009 was when Obama took office. At the time, everybody was blaming "Dubya" for the economic pain. If he was to blame, it was because he didn't do more to "jawbone" the Fed into reducing rates much faster. Bush was a gentleman, alright. Too much of one.
 |
| Note how the 6 month rate is higher than the 5 year rate. The yield curve is partially inverted. When short term rates are higher than long term rates, monetary policy is tight. Why should monetary policy be tight during a deflationary threat? |
Trump gets criticized for not being a gentleman, but what good does it do to be a gentleman when the opposition will kick your teeth in? Bush was a gentleman, but his approval numbers went into the tank because he got all the blame for the poor economy.
Bush was too nice. Trump gets it. Nobody in the Establishment wing of the party seems to get it.
Governator wants "Time Masheen"
What a disappointment he is. If he was on the level with all his rhetoric when he became governor, "Collyfornia" might have turned around.
You've got to be pretty dumb to fall for the AGW hoax.
In order to examine what he is talking about, the only alternative to fossil fuels is nuclear. So, if he just said that much, he might be talking sensibly. But he wants to "terminate" fossil fuels. Well, if he did that, he would also "terminate" a lot of human life--- for energy sustains life. In addition, he would also "terminate" a lot of trees. Because trees were used for energy before fossil fuels came along.
What a fool. He is an embarrassment.
The "Time Masheen" reference is to the movie Idiocracy. He is making about as much sense as those mentally challenged people in that movie. It is like pouring Gatorade on crops, and wondering why the crops fail.
You've got to be pretty dumb to fall for the AGW hoax.
In order to examine what he is talking about, the only alternative to fossil fuels is nuclear. So, if he just said that much, he might be talking sensibly. But he wants to "terminate" fossil fuels. Well, if he did that, he would also "terminate" a lot of human life--- for energy sustains life. In addition, he would also "terminate" a lot of trees. Because trees were used for energy before fossil fuels came along.
What a fool. He is an embarrassment.
The "Time Masheen" reference is to the movie Idiocracy. He is making about as much sense as those mentally challenged people in that movie. It is like pouring Gatorade on crops, and wondering why the crops fail.
Schwarzenegger would time travel to terminate fossil fuels https://t.co/OO7myo5rrR— Greg Meadows (@BootsandOilBlog) December 4, 2018
Monday, December 3, 2018
Biggest fake of the fakes: AGW
Whatever this president does, he should never, ever, sign a bill that increases taxes to "fight climate change". It is phony as hell.
Any Republican that joins the Dems on this should be run out of the party.
Any Republican that joins the Dems on this should be run out of the party.
Washington Times: "Deep fakes" are threat to democracy
Don't fake me out, doggone it.
How do we know when the fake is a fake, and a non-fake is a non-fake?
It's enough to give you a headache.
Here's a thought: politics doesn't solve problems. It is in the interest of politicians to create problems rather than solving them. We are getting too wrapped up in the politics. The politics will take you nowhere.
How do we know when the fake is a fake, and a non-fake is a non-fake?
It's enough to give you a headache.
Here's a thought: politics doesn't solve problems. It is in the interest of politicians to create problems rather than solving them. We are getting too wrapped up in the politics. The politics will take you nowhere.
Sunday, December 2, 2018
Beginning to suspect something
Updated,
12.2.18:
Recently, Limbaugh was touting increased life expectancy as a reason for people to be confident. But that number has been going down lately.
Young men using drugs and suicides were among the reasons given.
But I have been saying for a long time here that this country reached a peak in the late sixties, and it hasn't been improved upon yet. That was GDP in terms of gold per person.
Even if you dispute the significance of GDP in terms of gold per person, you cannot dispute a falling life expectancy.
Computers may still be getting better, but even that seems to have slowed down.
12.1.18:
One of my riders said that the water in Lake Mead is "nasty". Why would that water be bad? She then said something I remember hearing about before--- the possibility of dead bodies being in the water.
So, I begin to suspect that this may be happening in many places in this country. After all, if you want to dispose of a dead body, where could you take it where it couldn't be found?
There was a story I heard about a dead body found in a barrel in one of the lakes around here. So, it isn't just in the Vegas area, ya know?
Since the recent flood here, the water seems darker. One can attribute that to the sand and silt that may be mixed in, but this has been awhile now. It should be clearing out. I asked my rider if the water out there near Vegas is blue or not, and the answer wasn't in the affirmative.
I begin to suspect that water sources may be polluted by who knows what. This also leads me to believe that our culture and country may be in a lot worse shape than I thought. That would be saying something.
If this was accepted and acted upon in an expeditious way, it would be encouraging. But there seems to be "resistance" to fixing what ails our country and our culture.
Did you ever notice how many people are turning to drugs? Marijuana is legal, and so will be a lot of other drugs if this continues. Something is systemically wrong.
12.2.18:
Recently, Limbaugh was touting increased life expectancy as a reason for people to be confident. But that number has been going down lately.
Young men using drugs and suicides were among the reasons given.
But I have been saying for a long time here that this country reached a peak in the late sixties, and it hasn't been improved upon yet. That was GDP in terms of gold per person.
Even if you dispute the significance of GDP in terms of gold per person, you cannot dispute a falling life expectancy.
Computers may still be getting better, but even that seems to have slowed down.
12.1.18:
One of my riders said that the water in Lake Mead is "nasty". Why would that water be bad? She then said something I remember hearing about before--- the possibility of dead bodies being in the water.
So, I begin to suspect that this may be happening in many places in this country. After all, if you want to dispose of a dead body, where could you take it where it couldn't be found?
There was a story I heard about a dead body found in a barrel in one of the lakes around here. So, it isn't just in the Vegas area, ya know?
Since the recent flood here, the water seems darker. One can attribute that to the sand and silt that may be mixed in, but this has been awhile now. It should be clearing out. I asked my rider if the water out there near Vegas is blue or not, and the answer wasn't in the affirmative.
I begin to suspect that water sources may be polluted by who knows what. This also leads me to believe that our culture and country may be in a lot worse shape than I thought. That would be saying something.
If this was accepted and acted upon in an expeditious way, it would be encouraging. But there seems to be "resistance" to fixing what ails our country and our culture.
Did you ever notice how many people are turning to drugs? Marijuana is legal, and so will be a lot of other drugs if this continues. Something is systemically wrong.
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