Tuesday, August 16, 2022

Smarmy Blowhard

NY Post May 6, 2017:

"He rose to fame parodying a blowhard. Is he aware he’s become one?

Last Tuesday, “Late Show” host Stephen Colbert — who’d been struggling in the ratings until the election — made national headlines for a monologue that, as it does nightly, skewered President Trump."

From the WSJ March, 2022:

"In his first show of the Trump administration, at the end of January 2017, Colbert observed that it was already too late to “wait and see” how the new president was acquitting himself in office. “The line moves really fast on this ride,” he said. “Every day, you just get right back on the roller coaster and start throwing up.”

There are a lot of young people who get their news from this smarmy, Mr. Know-It-All ass clown.  You can always tell them from their choice of eyewear.  I hope he's enjoying the ride with Joe Biden.... oh, that's right.... he's a multi-millionaire.... I forgot.... like the know it all lesbo bitch Daly from the Left Coast Federal Reserve.  



Wealthy beyond his wildest dreams, Stephen's message to the young and gullible who wait on the edge of their seats to see what pearls of wisdom will come from his pie hole is borrowed from Mary Daly.  That message is this: fuck you, I got mine.

Tuesday, August 9, 2022

All Connected

"The PPP (Paycheck Protection Program) and Bank Fraud Enforcement Act and the COVID-19 EIDL (Economic Injury Disaster Loan) Fraud Statute of Limitations Act establish 10-year statutes of limitations for criminal charges and civil enforcement. Both bills recently passed Congress with vast bipartisan support.

“American people deserve to know that their tax dollars are being spent as intended,” Biden said. “My message to those cheats out there is this: You can't hide. We're going to find you. We're going to make you pay back what you stole and hold you accountable under the law.”

The Paycheck Protection Program helped small businesses pay their employees after companies were forced to shut down during the pandemic. EIDL loans and grants gave small businesses money to be used for working capital and other normal operation expenses."

I'm not a Ridin' with Biden fan as anyone will tell you.  In this case, he is doing the right thing.  If you're going to catch a crook, it's a good idea to hire a crook to do it and that's what is happening in this instance as Joe Biden is probably the biggest crook in D.C. who hides in plain view.

Was the response to the "Covid pandemic" reasonable?  Not by any stretch of the imagination.  Free money for couch surfing?  Circumventing contract law (the basis for Western Civilization) by way of eviction and foreclosure moratoriums?  Free cheese for deadbeats?  And the "piece de resistance" - PPP loans.  All over a punk ass flu virus??  What the fuck?!?

PPP loans are proving to be a petri dish of fraud.  "Great Americans" everywhere scammed the system.  The magnificent job creators, self-employed and the independent contractors across the country saw that the government just "flopped it over a stump and hoped no one would come by and chop it off".  The bullshit artists all piled in to gorge themselves on the seemingly endless supply of "free money" that was pulled out of Jay Powell's colon (with his idiotic consent).



"Funding included in the reconciliation bill, dubbed the “Inflation Reduction Act,” will allow the IRS to hire up to 87,000 additional agents – potentially doubling the agency’s size. The IRS plans to use the money to step up its tax enforcement efforts and modernize its technology in a bid to maximum federal tax revenue."

..."which found the tax agency’s expensive hiring spree would make it larger than the Pentagon, the State Department, the FBI, and Customs and US Border Patrol combined."

So, do you really think that these two events exist exclusive of one another or that they might be connected?  If they are NOT connected, that is one helluva' coinky-dink.  

Gonna squeeze those cheating fucking turnips until blood oozes out of 'em.

Monday, August 8, 2022

Time To Rid the Fed of Over Paid Fags, Weirdo's, Brainless Bimbos, Carpet Munchers, Token Negroes, etc.

Starting in 2010, Thomas Hoenig voted "No!" on all of the bullshit that has led the country into the mess it finds itself in today.  He was the lone voice of dissent.  Why?  For starters, he has a set of balls.  Secondly, because he's a normal fucking white man who came up the son of a plumber and was living in a work-a-day Midwestern city where most people are unapologetic Chiefs fans (I know the fucking name makes the Woke go ape shit but suck it up buttercup) and he knew how shit went down at banks during the 70's.

From February 5 - NPR

Tom Hoenig article

What is really infuriating (or at least it should be) is that the Federal Reserve salary for most of these ass clowns is north of $400,000 per year.  You could have Harry and Lloyd run things, pay them half as much AND GET BETTER FUCKING RESULTS than the current League of Geniuses that are parked at the Federal Reserve.  They are playing catch up right now and have no choice but to jack rates to the moon.

Why?  Because none of these ass clowns would listen to Hoenig (or others like him) when they should have been.  The Fed has been fucked up for a long time and the chickens are coming home to roost.  Embrace the suck.

Personally, I'm OK with what is happening.  Why?  Because I'm not a debtor and I'm finally seeing some meaningful return on savings.  Get used to coughing it the fuck up.  This shit show is just getting started.  Thanks to the recent Biden legislative win, the IRS is going to transform from Bonzo to King Kong where tax enforcement is concerned.  Cheats are going to have a tough time hiding from a new army of accountants.  Gotta make good on those Treasury bills and notes.

Friday, August 5, 2022

The Daddy Daughter Dance


It is truly comical when the biggest warmonger in the past 75 years of US history comes out of the shadows to claim that Donald Trump is the biggest threat to the Republic in the nation's history while stumping for his flip-flopping daughter who is up for re-election in WY.

She stands for nothing and shifts positions like a sand dune in the Sahara - at one time a proponent of same sex marriage bans but when the political winds shifted and it caused a rift with her lesbian sister, she moved her position.  Their entire fucked up family is not worth a warm bucket of cow piss.

The elder Cheney relentlessly pushed for wars during his entire career in D.C. though he sailed through the Vietnam War era using draft deferments as a student and young father.  He's a really tough cowboy so long as he has others to hide behind.  All hat and no cattle.

I Got Mine So Fuck You

During an interview with Reuters broadcast live on Twitter spaces, Daly said: "I don't feel the pain of inflation anymore. I see prices rising but I have enough... I sometimes balk at the price of things, but I don't find myself in a space where I have to make tradeoffs because I have enough, and many Americans have enough."



San Francisco Federal Reserve President, Mary Daly.  Annual salary $422,900.

San Francisco Fed President Mary Daly, who makes $422,900 per year - and scrambled out of dozens of investments last year shortly before the Fed finalized strict new limits on policymakers' portfoliosjust had her 'Nancy Pelosi Ice Cream" moment, dropping a sidewalk-spattering turd from her ivory tower on the average struggling American.

And yes, if you guessed from the photograph that she is an "enlightened lesbian" who does her best to keep up with trends, you would be correct.  Female carpet muncher, muncher, muncher, muncher.  

If a critical mass of average, dumbass Americans ever came to fully understand how the Federal Reserve has operated since the "W" Bush administration and the Hank Paulson Treasury Secretary days, they would storm the Eccles Building, round up the FOMC members and string them up like Mussolini pinatas.

Tuesday, August 2, 2022

2022 - The Beginning of a "Mommed Out" Housing Bubble Burst

It's almost time to "Get the party started" in the housing market again.  However, this housing market crash has to leave the party and be in bed by 10:00 p.m. or else she'll be an absolute train wreck the next day.

From Market Watch:

"The number of foreclosure starts — which is when the first public foreclosure notice happens — is up 219% since the start of the year, according to real estate data analytics firm ATTOM Data Solutions’ midyear 2022 U.S. foreclosure market report. What’s more, the number of properties that had foreclosure filings (this number includes foreclosure starts) is up 153% from the same time period last year."





The first housing market bubble burst was like 2001 Pink - perky and super fucking hot in a weird kind of way.

I suspect that this 2022 housing market bubble burst is going to be somewhat "sagging" and "mommed out".  Kinda' dragging with mud flaps for ass.  

Always remember that "housing bubbles" (or any highly priced "asset" in a bubble for that matter) are always and foremost nothing more than a credit bubble that is chasing an asset.  The bubble in Beanie Babies caused no real harm.  Why?  Because it did not cause participants to go into crushing debt.  The price of the "asset" was not high enough to warrant taking out a loan to buy the "asset".

Monday, August 1, 2022

Witch In Flight

 There were some Chinese threats directed at Pelosi if she went to Taiwan.  According to CNN, she's brazenly decided to go.  In a very rare set of circumstances, I'm rooting for the Chinese.