Already posted for the day, but then I received this and just had to share. Time for some levity. The problem is this would be so hilarious if it weren’t all factual. Might have turn the volume up more than normal. Whoever does this is really a smart cyber person.
Originally posted 2021-06-17 15:31:17.
Oh well, here we go again. Ask five Economists a question , and it’s a guarantee you will get at a minimum of six answers, possible more. Why? Because it is a “social” science. Give someone a $1,000 stimulus check, what will he do with it? Well, that’s where the “social” comes in. What’s the state of the economy at the time, who is getting this check, married or single, children, how many, where does he live, how much debt does he have, working, retired or unemployed? These and many more questions come into play before any one can predict what he does with it. And even then, it’s merely a prediction! I cannot believe some of the garbage this former Fed chairman is spewing, but then I looked at her bio and saw where she was educated and who she worked for, and it all came to light.
For what it is worth I am in the “No Fed Camp,” that is I do not believe in the Federal Reserve. I believe they do more harm than good and sometimes their actions are disastrous e.g., late 70’s when mortgage rates climbed well over 12% So, based on what this lady is saying, I believe we are on the road to disaster. Stupid comments by someone who should know better.
I could reprint the article for Bunkerville, but I’d like you to go see it for yourself and decide where you fit into the inflation world that is heading our way. Just click the link below
Yellen Concedes Inflation Is About To Surge, Says It Will Be A “Plus For Society”
Originally posted 2021-06-07 10:26:51.
Good Morning Gang, it’s Saturday, the day before the traditional Memorial Day, initially referred to as Decorations Day by MajGen Logan after the Civil War. Personally, I celebrate on the traditional Day, 30 May. So, I will lower my flag tomorrow morning and raise it back up at noon. Changing the day so federal workers could get another day off with pay didn’t impress me since my experience with those snakes in the grass (in the Corps, we called them “Sand Crabs”) has been most don’t earn a day’s pay anyway. But then that’s my personal opinion and preference.
So what are the swamp creatures up to as they begin their long weekend cook out? Well, the big talking point this week has been inflation. What is that? Well simply, it is the rising cost of goods and services. There is cost-push inflation where the cost of goods is caused by a rise in the cost of production e.g., gas. Then there is demand-pull inflation where the rise in prices is caused by an increasing demand and firms push up prices due to the shortage of goods e.g., toilet paper. LOL.
The swamp doesn’t fear inflation, just like Peanut Jimmy didn’t in the 70s, but beware folks, the signs are there, they are just being ignored.
By: G. Maresca
You do not have to be a scholar with a dollar to notice how prices are increasing. The Consumer Price Index that measures costs for goods and services increased 4.2% in April. Gas jumped 9%, while housing prices rose 17%.
The Powerball Lottery jackpot is now a tank of gas, a bag of groceries and a sheet of plywood.
A late seventies ambiance has returned with the cyber-attack on the Colonial pipeline cyber-attack and its resulting gas lines. Add to it emboldened Iranian Ayatollahs in a cooking Middle East; an increasing U.S. crime rate; a refugee crisis at the southern border, and a simmering Cold War II. The recent visit Joe and Jill Biden had with Jimmy and Roslyn Carter makes it official that the torch has been finally passed. Their photo op, if you have not seen it, is one for Ripley’s Believe it or Not.
The Carter’s even gifted to Hunter Biden their home-brewing recipe to Billy Beer.
It is time travel Democrat style and for those 41 and younger, welcome to 1979.
At least back then the music was better, and you didn’t need a second mortgage to attend a major league baseball game. Kids went to school and actually played outside, and mask wearing was strictly for Halloween.
It was also in the summer of ‘79 that Carter gave his infamous “malaise speech” about “the erosion of our confidence.” Today, Biden successfully dismantles the myth of white privilege and primacy every time he comes in contact with a microphone.
The Labor Department’s latest jobs report had employers adding only one-quarter of an anticipated one million jobs, while unemployment claims actually increased. Many are choosing not to work since being paid to stay home is now an option. Such a major disincentive to work is unprecedented and brings with it the predictable consequence of labor’s availability. With jobs plentiful combined with escalating unemployment benefits only serves to grease the rails for socialism.
Former Treasury Secretary under Bill Clinton and former head of the National Economic Council for Barack Obama, Larry Summers spoke truth to power when he warned against too much stimulus.
There is no true stimulus, only irrational leftist reasoning that justifies increased deficit spending that is endorsed by bogus good intentions that leads down a path to fiscal ruin.
No one on either side of the aisle gave Summer’s reasoning a second thought.
Biden and his Treasury Secretary Janet Yellen actually claimed, “there is no significant inflation.” Record-low interest rates coupled with a rise in prices is what happens when central banks have a surplus of money that outstrips demand. As we stifle the supply side with handouts, while printing dollars by the trillions the result is Inflation. Prudent advice to any weather forecaster is to look out the window first. Perhaps this dynamic economic duo needs to go grocery shopping and fill the gas tank before making their next inflation forecast.
In a recent press conference, Vice President Kamala Harris ignored a question about inflation with her infamous laughing crackle as she quickly walked away. Perhaps she was on her way to the southern border?
The fear of inflation is why the 10-year U.S. Treasury yield is up 80%, and the 5-year U.S. Treasury yield is up 123%. Spending and printing comes with consequences as you cannot print your way to prosperity.
Perhaps Biden should consider surrounding the White House with an orchard since he and his economic team believe money grows on trees. The only problem would be when Biden ends up chopping down all the trees for the paper to print even more money.
When the Federal Reserve finally admits that there is too much inflation, interest rates will rise and polarize the economy followed by a toxic bout of stagflation. Such economic malaise hurts the same people that the spend and tax Biden Democrats say they want to help.
Moreover, any stock market gains will be deceiving thanks to inflation where any capital gains taxes will be a direct result of the dollar’s decline.
In 1979, the Carter coast-to-coast malaise paved the way for Ronald Reagan’s conservative reform.
History would do well to not only rhyme but repeat itself.
Happy Memorial Day everyone. While cooking steaks, burgers, dogs, and drinking your favorite libation, please remember the nearly 1.1 million Americans who gave their lives so we could celebrate this day! And remember to lower you flag to half mast on which ever day you traditionally celebrate and raise it back to full staff at noon.. Semper Fi, Jim
Originally posted 2021-05-29 11:23:49.
Friends, fellow Americans, I personally believe this is the most important posts I have ever posted in the nearly six years I have been running this blog.
it is A MUST READ!!! Furthermore, it NEEDS to be shared with every friend and relative in your entire address book PLEASE!
William caught me off guard on this one. Defund the police? Of course, the “National Security Force” will handle all the problems. WOW! Ifr this read does not give you the shivers, you’re dead.
Their Agenda, Our Future
Control has been a step in the agenda of the “Progressive” movement since Obama first uttered the words of their desire to “Fundamentally Transform” this nation. Way too many people had no idea what he meant when he spewed those words of treason. Now at this time, who can deny the “Transformation” promised is not well underway. Who will deny their “Collapse” and “Control” is not becoming a reality?
Civilian National Security Force (AKA – Homeland Security Police / Federal Protective Service)
Keep an eye on this one. – A warning came in an editorial sent June 2nd, 2013 when Obama stated, ” We cannot continue to rely on our military in order to achieve the national security objectives that we’ve set. We’ve got to have a civilian national security force that is just as powerful, just as strong, just as well funded as the U.S. military.” In another statement, Obama said, “We have a great opportunity to really transform how we think about community law enforcement relations.” Now, knowing Biden is nothing more than an Obama puppet, one more quote from Obama. “You can judge me by those I surround myself with.” The same applies to Biden which has in his regime, many “leftovers” from Obama to carry out their agenda.
As previously mentioned in a recent editorial, the “Rights”— “Endowed by our Creator” and the Constitution of this nation have been substituted with the “Privileges” they have allotted us. How can the citizens of a nation,- rights guaranteed,- be so willing to give them up? In the march to complete their agenda of “Control,” they will lead the politically and morally blind down the path of destruction. Many have asked the question, “What happened?” — Stupid happened. Uninvolved happened. Uninformed happened. I don’t talk religion or politics happened. Fear happened. The attitude of it can’t happen in this country happened. And on we go.
Over the past twelve years, attempts have been made by me to reveal the agenda of the “Progressive” mindset and expose them to be the haters of this nation they once concealed. Now, they openly express that hatred. There has been a desperate and truthful attempt to expose the “enemies of state” I believed them to be. Their concealed motives and quest for power was not openly presented by them,,, until now!
During these past years, editorials sent has reached many. I’m thankful for those that have taken heed and have forwarded. There were thousands of editorials sent and hours of research presented. There is now a loss for words. I find myself at a point where I can say no more than has already been said. The “Progressive” movement has now become bold and blatant enough to tell you themselves. It has been said that over the years “I’ve been ‘Preaching’ to the choir.” The problem now is, the choir has stopped singing.
In every situation there is a final chapter. This one is mine. I have run the race. I have fought a good fight. It’s just now time.
I’m hoping someone younger will take up the baton being passed.
Final Thought
What the “pretenders of good deeds” do in the future will be with even more boldness and arrogance. All has been covered and revealed by me in the past. Difference being is what they and the news media will call it. Regardless, – the deceit, deception and corruption will continue. Invasion by “Illegals” from over a hundred countries will be supported or ignored.
The attempt to “Fundamentally Transform” will continue. Their conniving desire to “Collapse the System” will be their driving force. Their unscrupulous agenda is to make the citizens of this nation dependent upon their government, according to their plan. “Control” will then be in their hands. Socialism / Communism is now obtainable — if allowed.
When things get so bad we just can’t imagine a situation. When the tears of emotion, because of a great loss, can no longer be held back. When we feel the death of something so many have sacrificed to protect appears inevitable. When we see the clouds of the “perfect storm” developing, and and it appears there is nothing can be done to stop it. Is it then we discover we’ve slept too long? Is it then we submit to the “Transformers”? Is it then we relinquish our freedoms to those that will take them from us? Is it then, indeed? We watch… We look into the clouds of the storm that will devastate the remains of a nation once blessed like no other and see the promise of the “Founding Fathers” being replaced by the evil ambitions of the deceitful and corrupt. UNLESS,,, “WE the people” wake up.
Semper Fi & may God bless America.
Bill Marshall
Please view the attached video and realize what some have given while others remain silent. Remember those that have given their lives for this country. Give nine minutes of your time to watch as we approach Memorial Day.
AND,,, may the heroes of the past that have served and died for the freedoms of this nation be not in vain. Turn up your sound / full screen, and click on Mansion. – It is Powerful! You can never see this too many times. Memorial Day is coming soon and is not just about having cookouts. (If allowed)
Please click on “Mansions” and watch this on Memorial Day, best get a Kleenex first.
Originally posted 2021-05-25 15:53:13.
I have been remiss from posting any gobbly gook from the swamp creatures of late, but with good reason. We just returned from a weekend in Tuscaloosa, Alabama to witness our granddaughter graduating from the University. WOW. Impressive is an understatement! I’m sure some of you attended a university as large and impressive, as Alabama, but I had not. I was awestruck. At my granddaughter’s suggestion, I even had a “Yellow Hammer,” actually I had three, and I might add suffered the entire next day. LOL
But then I digress. Great article from my favorite presenter. Although growing up only 30 miles from D.C., and having been stationed there for two years, I must admit I really did not know much of its history. Oh I knew it it was not a state, but beyond that I have to claim ignorance. Just in case you fall into the same category, please copy and paste the link below for a very good explanation of D.C. and why it is not a state from the Encyclopedia Britannica.
https://www.britannica.com/place/Washington-DC
Then read Greg’s excellent article about Biden’s attempt to simply expect Congress to make it a state.
By Greg Maresca
In May 2008, presidential candidate Barack Obama announced during a campaign stop that he had been to 57 states. Such an embarrassing blunder was glazed over like a Crispy Cream donut. In retrospect, it was perhaps a Freudian slip. Provided Democrats get their way, they will get closer to 57 by adding Washington D.C. as the 51st state with Puerto Rico waiting on deck.
As president, Obama must regret not going for broke with the whole socialist agenda when he had the chance. President Biden has certainly wasted no time in picking up the slack in his first 100-days in office.
Provided you need to be reminded: elections have consequences.
In Article I, Section 8 of the Constitution, the Founding Fathers created a special federal district for the sole purpose of not being a state. Writing in The Federalist No. 43, James Madison clarified that without a separate federal district, the federal government “might be insulted and its proceedings be interrupted with impunity.” It is obvious the Founders did not want to subject the federal government to the sway of any state government.
Moreover, D.C. statehood would violate the intent that states have substantial land mass. Aside from the original 13 states, no state was smaller than 30,000 square miles until Hawaii entered the union in 1959. However, with a total of 137 islands and over 10,000 square miles, Washington D.C. does not even come close.
If that’s not enough, the 23rd Amendment enfranchised D.C. residents in presidential elections with three Electoral College votes, tenured its venue and size, designating it as the “seat of Government.” The amendment established that the only way to repeal a constitutional amendment is with another amendment.
It was no oversight that the nation’s capital is not a state, but rather an exclusive territory under the absolute authority of Congress, where elected representatives and senators from every state in the union could meet on neutral ground to conduct the nation’s business.
The nation understands D.C.’s unique constitutional status. A 2020 Gallup poll said 64% of Americans opposed DC statehood vs. just 29% in favor. Sorted by party and region, there were “no major subgroups of Americans voice support for DC statehood.”
If the city’s denizens do not appreciate their longstanding historical significance, they can always vote with their feet and move. This legislation symbolically labeled H.R. 51 would turn the District into exactly what the Founders rebuffed.
In a dichotomy of the times, Democrats desire to localize what the Constitution explicitly has federalized, while at the same time trying to federalize everything else. The statehood push is ultimately a power play for Democrats who want to turn D.C. into a city-state as the deep blue District will guarantee them two seats in the Senate changing the chamber’s partisan composition in their favor. With the Chairman of the House Judiciary Committee wanting to pack the Supreme Court, adding two additional Senators via D.C. is a Democrat two-fer.
Democrats’ carry-on like this because they know Republicans will not put up a fight. Here is yet another version of Democrat unity and healing where the end goal is a one-party totalitarian centralized state.
This legislation is nothing but a power grab in the first-degree. If it were truly about statehood and the fabricated mantra of “taxation without representation,” Democrats would introduce legislation for D.C. to become part of Maryland from which it was initially ceded. But that doesn’t work as it would not obtain the desired two additional Senate seats.
Without missing an opportunity to race bait, New York Democrat Rep. Mondaire Jones, called arguments against D.C. statehood “racist trash.” Naturally, if you oppose D.C. statehood on any level be it Constitutional, historical, you name it; you are to be smeared as a racist because a majority of its residents are black.
With the Senate filibuster requiring 60 senators to advance any legislation, the odds of D.C. statehood are formidable. Democrat Sen. Joe Manchin of West Virginia said he will not support the legislation or efforts to eliminate the filibuster. “If Congress wants to make D.C. a state, it should propose a constitutional amendment,” Manchin suggested.
Manchin is one Democrat who actually gets it.
Perhaps more will join him.
What did surprise me was the 29% who were in favor of making it a state. I wonder how many of those were ignorant, as I, about its history?
Originally posted 2021-05-06 14:13:55.
