You may not be old enough to remember Joe Harnell’s catchy tune, Fly Me to the Moon (bossa nova), but fly me to the moon hyper-inflation is upon us. As we read this morning from The Brandon Chronicles.
Energy and Economic Fairytales
One of our correspondents is a high-powered Century City legal practitioner. Who sent us this tone-setting note:
“One cannot help but wonder what the motivation of the ostensible president and the people around him is in taking such an action. If we discount treason, then with what other explanation are we left? He could hardly do more harm to our country these last ten months than if he were the agent of a hostile power.
Sure, OK, “Guilty!” I do write for the narrow “high-IQ, long wave economics and it would be nice if the books would balance, too...” segment.
But you’ll have to pardon our snagging such low-hanging fruit. Since Biden approval falls to 38% as midterms loom. Couldn’t happen to a nicer bunch of followers.
Speaking of politics – the other organized crime – see where ‘Many’ More Durham Indictments Likely in Connection to Steele Dossier: Former Director of National Intelligence over on the Epoch Times…
Playing Powell Like a Fish
It’s Monday – and I’m one of those people who couldn’t sleep, having gone to bed early (or was it late? Hmm…). At any rate (or 1.435% on the 10-year note) Futures were up 73 on the Dow and 3-something on the S&P.
That’s because while there’s no real news to drive markets, Jerome Powell is speaking this morning.
Although he can’t get Afghanistan exits, policy on economics, or understand there’s nothing in American law allowing made-up mandates, Slo is playing J. Powell like a fish. (Not playing Powell the reservoir north of Vegas, just the fish for now. But we’re braced for all possible mandates…)
Essentially, Powell wants his appointment renewed as Fed boss. Buyed ’em needs a bubbly market to keep up the ‘Merican fairytale. So he periodically mentions his appointment of someone is coming up soonish. Play that fish!!!!
Couple of weeks ago, the Wall St. Journal opined Don’t Politicize the Fed, Reappoint Chairman Jerome Powell – WSJ. We think that ship has sailed. The Fed is already politicized – and the recent trading on non-public information by regional Fed bosses was quickly swept under the rug. I’m sure, as a Fed Chief in any of the regions, I could pick up a phone, call research, and have them spill the real-time beans on M1 and M2 growth rates. Plus talk to the whoever is running the NY Fed’s trading desk. Could I have done a little better in our accounts? Duh.
Still, look for the market to be bullish today, Brandon’s got a fish on the line, and he’ll play him till he tires.
Which could be any minute.
Just the Vax
Reader Bill shares on something we’ve been making as a vax point, now getting traction:
ZeroHedge article: When Will The CDC Correct Its COVID Death-Counts, As Italy Just Did
According to Summit News:
The Italian Higher Institute of Health has drastically reduced the country’s official COVID death toll number by over 97 per cent after changing the definition of a fatality to someone who died from COVID rather than with COVID.
Italian newspaper Il Tempo reports that the Institute has revised downward the number of people who have died from COVID rather than with COVID from 130,000 to under 4,000.
“Yes, you read that right. Turns out 97.1% of deaths hitherto attributed to Covid were not due directly to Covid,” writes Toby Young.”
Yes, that’s right: of or with is what we’d call a scam-delimiter.
Tamping Down Hysteria
Panic and doomporn sites are doubtless disappointed in the latest solar cycle progression report from NOAA.
Before the Global Warming climateers start shaking-you-down for donations, no, we are not being blasted into a horrible and hot future. Because the present solar cycle is ridiculously lame compared with earlier data from the last century:
As should be obvious here: Sunspots look to peak at a level less than half previous extremes. By the way, have you ever looked at the Carrington Event (
September 1859, Sunspot number 200.9?
Doomporn and global warming duking it out with a second Maunder minimum aside, both extremes are likely to be dead wrong – which is getting to be traditional…
Notwithstanding, like CV-19, it’s always about money. See where a B.C. doctor clinically diagnoses patient as suffering from ‘climate change’ – ‘Picked up his patient’s chart & penned in the words ‘climate change’? Social Monetizations: How your disposable income is stolen and choices limited….” should be in a bookstore near you, one of these days. (I just have to write it, first…)
OH!!!! Action Point: I asked last week whether my next book should be fiction or non…and not a single suggestion came in. Can I ask again? Or,, is this a message about retiring?
One more climate point: COP26: Rich countries ‘pushing back’ on paying for climate loss – BBC News. This is what happens when you turn science into political bullshit. Tell poor countries they are poor and (how stupid must people be not to see this) out come demands for money.
Tell someone you owe them $20-bucks and pretty soon they will start believing. Of course you don’t have $20, but being government you’ll just make it up… Stupid people will buy anything. And we do.
We Still Have War Coming
If a “killshot from the Sun” fails to appear (we don’t carry SPF 1,000, lol),, take heart that the risk of global war (lighting up from China) is still in the wings.
We have been telling you for years about my consigliere’s 1979 outlook which was 2022-2025 but centering more on the 2023 area. So far, the “early national indicators” are falling right in line.
Take today’s headlines: China triggers growing fears for US military. And even more alarming the report China Builds Missile Targets Shaped Like U.S. Aircraft Carrier, Destroyers in Remote Desert. Not sure why this should surprise anyone. Bombing targets shaped like a hamburger wouldn’t make sense, would it? “This time, pilot Jin, make sure you’re crossing the
carrier hamburger amidships at mid-pickle…”
Who did our fictional food service pilot go to school with? Maybe Wang Yaping becomes first Chinese woman to complete spacewalk.
Got help us, if Slow really is the third term of Obama, If the marionette strings on Joe are pulled just so… Why, we could see evidence of another neo-Stalinist purge of the ranks. Can’t have a bunch of real war-fighters sneaking in.
I guess, in the meantime, you’ll have to settle for stories like Harvey Milk: US Navy launches ship named for gay rights leader.
Now, about that: Seems to me that political correctness has scuttled common sense. I mean no issue with naming the ship after a gay mayor. What we do question is naming it at all. Will there be a companionship vessel to honor George Muscone, as well? Who, you say?
See, back on that day in addition to Milk, George Muscone was also shot and killed by the same perp. All of which led to the name familiarity of another actor: Diane Feinstein was on the scene…
In times of Cancel Thinking, maybe names of naval ships aren’t supposed to strike fear into the enemy’s bosom. The candidate list of impressive Americans is an unfortunately short list, though.
Naming ships (presidents, streets, schools, public buildings, and denominations of currency) after people has always been purely egoic. Never action-based, never for the intimidation factor. Take the average PLA recruit in China (they have 2 PLA starts in 2022 as they transition to a new system – bet you didn’t know that…) So you scream at this Chinese recruit: “Carter!” Would that make him piss his pants and consider going AWOL? He’s looking at you like you’re nuts….. (Thought a lot about this boat naming while living on my sailboat for a glorious decade plus. A disclaimer here: Naming my boat Magic Elf was the kid’s idea.)
America doesn’t have a ship named the “U.S.S. Ass-kicker.” We appreciate abbreviations like CVN-70 are powerful (make note of CVN-70 too, as you may hear about in the near future). Studying ahead, names like the “U.S.S. Dead Eye” might be useful in fear-marketing terms. Come to think of it, commissioning a ship the “U.S.S. Windage” could be one of the few presidential name double entendres playing off Slow’s blows. An oblique ref to Camilla Parker Bowles keeps talking about Biden fart at COP26 (nypost.com).
My humor doesn’t stink.
A further rite of nasal passage, then?
So, they didn’t see this coming? SoftBank’s Vision Fund sees record loss | Business and Economy News.
Covid fever breaking? U.S. Lifts Travel Ban for Vaccinated Foreigners – The New York Times. So, if you want to book St. Petersnerg: Russia shutdown ends despite coronavirus wave. Though what’s weird is how Germany is blowing up virus counts: Germany’s seven-day Covid incidence rate rises to record high. Maybe they just need more order?
If you don’t see economic cycles, think internet bubble 1998-2001, housing bubble (2007-2010) and now Covid Bubble. Fed’s made up $9-trillion papering over this train wreck. Only instead of MBS being bailed out, it’s Big Pharma… such truth we hold to be self-evident, of course.
Isn’t Electric Blue something that was on Playboy channel? Not today, Josephine: Tesla slides 5% after Elon Musk asks Twitter if he should sell stock. I’m trying to give him money (for StarLink) but no soap so far and year’s coming to an end, Eloi. They said late 2021 but this is FR.
For the “Can’t Fix Stupid” files: ‘Joker’ strikes AGAIN: Man tries to set high-speed train on fire.
We can hardly wait to see how Q Anon spins this. I mean who better to critique democratic and elections? Veering from democracy, Nicaragua’s Ortega secures another term | Reuters. Key part of the read involves Biden lecturing on Nicaragua’s “…had orchestrated a “pantomime election…” Brandon’s an expert, maybe?
“Why, yessir, Wilbur, I’d say this Brandon feller’s done found hisself a career…”
Me? Not so much.
But I can find breakfast.
(OMG, it’s light out at the wrong time!!! Stop the presses!!!!)
Write when you get rich,