Category Archives: Economics

Sanctuary Cities Plead “No Mas”

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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.

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White Smoke 

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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.

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Distractions

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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.

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Economic Chaos

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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.

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Caroline Glick

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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.

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Gaetz On Fire

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A government shutdown is looming with October 1 as the deadline.

Democrats are attacking the Republicans over it. How dare any of the Republicans not want to continue the rampant spending we’ve seen from the Democrats and the Biden team? That same spending has helped fuel the inflation that everyone is suffering from now.

Matt Gaetz:

“We are devaluing American money so rapidly that in America today, you can’t even bribe Democrat Senators with cash alone! You need to bring gold bars to get the job done, just so that the bribes hold value!” Gaetz declared. ... 

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Gaetz vs Bartiromo

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I have a friend who has been extolling the virtues of Matt Gaetz, a House congressman from Florida.  On Sunday, I had a chance to witness Matt in action as he battled Maria Bartiromo over the spending crisis in Washington.  Before I delve into that let’s be reminded that, as the government funding crisis comes to a head, the media will paint any Republican who is opposed to unlimited spending as an extremist who is trying to destroy the country.  Such a person will be depicted as attempting to undermine the foundations of democracy and would be literally trying to kill people by standing up for a budget.

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Odds & Ends

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It seems like only yesterday that we were talking about the government taking over other sections of the economy now that the New Mexico governor went full Hitler last Friday.  One area that was mentioned was food.  Now the mayor of Chicago wants to open city-owned grocery stores.  What could possibly go wrong?

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Buttigieg and Communism

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Recently I had the opportunity to listen to an interview that was done a year ago with the ultra-leftist Transportation Secretary Pete Buttigieg.  This interview is remarkable.  Buttigieg is interviewed on the smorgasbord of policies that the people behind the curtain propose to solve the inflation problem.  In this eight-minute segment Buttigieg reveals that the administration plans are to take over much of the economy.

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