Category Archives: Economics

Trajectories

grampslcf November 24, 2023 Comments Off

If there is one thing most elite politicians understand it is trajectories. By trajectories, I mean the general trend of where history is headed. This will often allow a politician to “evolve” on issues. In the Republican Party, one of the clearest purveyors of trajectory thinking is Lindsey “Weather Vane” Graham, the Republican Senator from South Carolina. Once Lindsey figures out where the prevailing sentiment on an issue is headed, he will most likely stake out a position in that direction.

Highlights & Lowlights

grampslcf November 21, 2023 Comments Off

The collapse in Treasury bonds now ranks among the worst market crashes in history. Since March 2020, Treasury bonds with maturities of 10 years or more have plummeted 46%, Bloomberg says. That’s just under losses seen in the stock market when the dot-com bubble burst at the end of the last century. The bond rout is worse than the one seen in 1981 when the 10-year yield neared 16%.

Our National Debt

grampslcf November 18, 2023 Comments Off

Some more insights from Rep. Ralph Norman about the debt problem that America has. We must stop this asinine spending beyond our means. If we don’t, the economy will collapse at some point. And that point is not just on the horizon. It is a lot closer than that.

Government Shutdown

grampslcf November 14, 2023 Comments Off

A note from Rep. Ralph Norman (R-SC) on the current budget process.

Quick update this Tuesday morning from Washington. As many of you know, Congress is once again up against a deadline to pass legislation funding the federal government’s discretionary spending.

If you read no further, read this:

Sanctuary Cities Plead “No Mas”

grampslcf November 4, 2023 Comments Off

A group of mayors from sanctuary cities (specifically NYC, Chicago, LA, Denver and Houston) are requesting that all US taxpayers support them as they try to cope with the impact of mass illegal alien arrivals.

They publicized themselves as being great humanitarians standing up for the downtrodden. They interfered with attempts by federal officers from deporting such illegal aliens. Many of those who were “saved” from deportation went on to commit crimes including murder and rape. Their virtue signaling has created a surge in crime.

White Smoke

grampslcf October 26, 2023 Comments Off

It was a tradition in the Catholic Church that, when a new Pope had been elected, white smoke would emanate from the Vatican. It did not matter how long such a process took. It did not matter how many votes were needed. It was over when white smoke was seen.

Farce in NYC

grampslcf October 19, 2023 Comments Off

President Trump and Alina Habba, Trump’s lawyer, speak to the media following another day of nonsense testimony in the New York civil case against Donald Trump.

Distractions

grampslcf October 18, 2023 Comments Off

Biden is going to Israel today. The agenda here is transparently obvious.

First, there is no strategic benefit to Israel from a Joe Biden visit. In fact, the opposite is true.
Second, notice how there was no advanced notice when Biden visited Kiev, Ukraine. Yet here, with a real backdrop of violence, a Biden visit to Israel is announced in advance.
Third, state visits such as these require extensive planning and security measures; the absence of which here underlines the urgency of motive.

Economic Chaos

grampslcf October 12, 2023 Comments Off

Karl Denninger was the founder and CEO of MCSNet. He later sold the company to Winstar Communications. Denninger is a founding contributor to the finance blog market-ticker.org, and has used the internet to bring attention to his concerns with the financial system. Denninger was also one of the early members of the Tea Party movement, sometimes referred to as a founder.

Denninger is gifted at processing mountains of statistical data and being able to present his findings in an understandable manner. He does not pretend. Denninger does not ignore data he does not like.

Denninger did an outstanding job with COVID data. While I do not always subscribe to his ideas for fixing things, his analyses are thought provoking.

Karl Denninger believes we are headed to very bad economic times and he pulls no punches in telling everyone why.

Caroline Glick

grampslcf October 12, 2023 Comments Off

Another interview with Caroline Glick. Glick is a stable, non-pretending voice of pragmatic deliberation as the Israeli response to the Hamas attack continues. Glick does not pretend that there is some aspect of the current situation where an accommodation with Hamas is possible.