Sheriff Buford T. Justice of Texas!

Reading the comments, folks do not know that Sheriffs in Texas are elected. You generally won't see a County Sheriff out there chasing the Bandit for over 700 miles. Maybe out in Hudspeth county, the Sheriff might get out there in a car, but it's probably not going to happen out there either. Instead, there will be deputies out in the patrol cars. But if the film used a deputy, it just wouldn't be the same.

 

Recession, recession---blah, blah, blah

 

This seems to be the topic du jour these days. Might as well keep posting on it.

The thing I watch is the Fed Funds rate as opposed to bonds. I'm all out of practice since I stopped trading a long time ago. I went broke when my health went to hell.

The Fed Funds rate is set at 4.25 to 4.5. The 30 year bond yield may have dropped below it, which means an inverted yield curve. President Trump is calling for rate cuts. Yes, I would think so. Just trying to confirm this inverted yield curve thing.

Here's Leo AI about the Fed Funds rate:

The Fed Funds rate is the interest rate at which banks and other depository institutions lend and borrow money from each other overnight. It is a crucial indicator of the overall direction of monetary policy and has a significant impact on the economy.

**Key points about the Fed Funds rate:**

* It is set by the Federal Open Market Committee (FOMC), the policymaking body of the Federal Reserve System.

* The FOMC sets a target range for the Fed Funds rate, which is currently between 4-1/4 to 4-1/2 percent.

* The Fed Funds rate influences the overall level of interest rates in the economy and has a significant impact on borrowing costs, economic growth, and inflation.

* It is a key indicator of the Federal Reserve's monetary policy stance and is widely followed by economists, investors, and policymakers.

The ^TYX index indicates a rate slightly above it. 4.48% This is a moving target as it was a quote.

All the other bond yields are lower, so it is mostly inverted. One possible good thing about this current kerfuffle is that the massive 36 trillion dollar public debt needs about 9 trillion in refinancing. We'd want to do this at a lower interest rate, thank you very much. Otherwise, the interest rates will be baked in at unacceptably high rates, which will tacked on to the Federal debt. Currently, the debt service is much, much too high.

Eggsclusive

 

A story of how Jeffery Goldbrick's number got on Waltz's phone.

Whatever happened to this story, anyhoo? I thought it was the story of the year. Oh, well. By the way, Waltz was using an Iphone. Iphones are spying devices, in case anybody wanted to know. In fact, all cellphones are spying devices. So maybe they think they know, but I suspect that there are many ways they could have been tricked into including Goldberg on the call. Just sayin'.

How to convert a capitalist economy into a socialist one

https://t.co/s78x9lHgob --- Looks like a plan. Meaning that you make private industry almost impossible to undertake, while continually adding government employees as a means toward imposing socialism.

— BootsandOil (@BootsandO6892) April 7, 2025

 

Non Post ***!@#$%

 

4/6/25:

There seems to be an improvement, but it may well be an illusion. The rot deepens, and decay becomes more pronounced. Here's a chance to turn things around, but no. Can't do that, no siree Bob.

The Cult of Death in the West continues apace. No, it isn't Trump. The reaction to Trump is the issue.

3/19/24:

The most views of any post ever on this here blog.

Maybe it goes to show ya that nothing ever really changes. Same old sheet, main.



the original post of 4/26/12 follows directly:

This is to announce that I am literally at a loss of words, so I can't make a post.  As I look over what's happening, I can't make a bit of sense out of it.  The only thing I can say is "what the f**k"?

Tariffs may be cut to zero with Vietnam

 

They want to make a deal and do it quickly.

Mexico has a better idea than Canada does

 

Instead of fighting Trump, Mexico's President is working with him.

‘Liberation Day’—For Mexico https://t.co/RWFw434JgB --- Better a friendly Mexico than an unfriendly Mexico. Meanwhile, Canada isn't friendly.

— BootsandOil (@BootsandO6892) April 6, 2025