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Daily Insanity

 

Daily Insanity

3 More nuts than a Pecan Pie!

Whose line is it?

Observations

This Monday will produce some SCOTUS rulings as will next. More to the news is rumors that another Judge may announce retirement.

Big cases, retirement rumors as Supreme Court nears finish

The Supreme Court enters its final week of work before a long summer hiatus with action expected on the Trump administration’s travel ban and a decision due in a separation of church and state case that arises from a Missouri church playground.

The biggest news of all, though, would be if Justice Anthony Kennedy were to use the court’s last public session on Monday to announce his retirement.

To be sure, Kennedy has given no public sign that he will retire this year and give President Donald Trump his second high court pick in the first months of his administration. Kennedy’s departure would allow conservatives to take firm control of the court. [snip]

Justice Kennedy will be 81 this summer, and there are rumors that he would like to retire. He’s been on the Supreme Court for 30 years.

Big Spenders

When the Progs have a chance to spend your money, there is nothing holding them back, NOTHING. The, in cahoots, Media tells the lies for them of how wonderful all is going and the FED merrily prints more money making the debt larger by the hour.

Happy Days Are Here Again. Not…from Rico

Both EBT and massive deficit spending (trillions of debt) have so far done almost as good a job of propping up a dead economy and ‘covering up’ what one could reasonably be called “Great Depression II” as the lying kept-whores of the MSM have.
– No breadlines to see here, so just move along.

Not being talked about, or even being considered by either the “media” (hah, I made myself laugh) or the Leftist’s favorite “economists” (oh noz, coffee came out of my nose with that one) is America’s GDP.
– The average GDP for the ten years from 1930 to 1939 during the “Great Depression” was 1.33%.
– The average GDP for the ten years from 2007 to 2016 during “Great Depression II” was 1.33%.

And even LESS talked about by the enemedia is the dual mandate of the FED to inflate financial assets while crushing working stiffs.
Of course, the FED is no more ‘federal’ than Federal Express being a privately-owned, for-profit, bank with an exclusive charter to counterfeit money [read: a servant and creature of the financial system, not main street]. (emphasis added)

So, given all this “news”, are you still keeping your money in dollars instead of hard capital, i.e. metal of some sort. Explain to me how something that cannot continue, will continue. At what point does our creditors cease buying our Treasuries and start redeeming the outstanding holdings? In order to sell new bonds, at what rate of interest will have to be offered to induce a sale?

At that point what is the USD worth? Will you be holding them? And where will the bankers, gnomes and trolls be living? And the politicians, do you think they will have stayed here with us?

Trump wants to cut the so called “entitlements” which the politicians for so long have used to buy votes. Either we cut them now or they’ll be totally gone in one huge bankrupt crash. There is always a choice á la Hobson. Not possible, look at Europe or  Venezuela. How about Greece as an example. Try China, they’re hiding it but not for long. They are trying to hide a Sunrise.

This what one gets with a one party system; there is no difference between the Donks and the GOPe.