I have been writing for nearly a year, now, about how “Obama embeds” have been throwing roadblocks up to the Trump administration at every turn.
That includes liberally interpreted legal decisions on things like selective immigration policies, embeds in agencies who haven’t been replaced (or worked-around) and all those leaks. Billions and billions of leaks it seems.
Yet here we are, more than a year after the polls closed and an Obama appointee has just sued the Trump administration for? Well, essentially exercising its power to be the executive branch of government.
The case involves Leandra English, now head of the Consumer Protection Financial Board, who doesn’t want to be replaced by an appointee of the Trump administration.
There’s a good write-up on this in today’s Deal Book section of the NY Times.
But spin it any way you will: This sure l0ooks to us like YAOH: Yet-Another Obama Hangover.
Now, if the rest of the embeds in agencies would please raise their hands?
Democrats – a whole year on – are not able to cope with someone other than Hil at the helm. Which is why they are rolling out yesterday’s news in stories like Barney Frank rips Mulvaney’s appointment to CFPB.
Like he’d welcome the appointmen under any conditions?
This is likely not the morning to talk with me about computers – for reasons I will lay out in the Coping section tomorrow.
But, let’s just say our BIGBOX server and plans for a new web theme for UrbanSurvival crashed in a serious way.
This being Cyber Monday, it should go into the record books. In the next few days, we should get some early reports about Christmas sales for the year – how they are shattering records – and that will all be cranked into what should be a smoking year-end Santa Rally.
Already, CNBC is rolling with Black Friday boosts battered department stores, some of which are claiming a ‘record’ weekend.
We weren’t entirely joking last week when we referred to consumers getting “credit card burn” from the frantic pace. Just read how Black Friday sets online sales record; shoppers spend up to $1M per minute.”
The real questions we ask (being a humbug and all) include “What will be payback speed be?” No so fast, we’d reckon. And, “What was so damned important to buy now that it couldn’t wait until the January/February clearance sales?”
Perhaps not the kind of thing to ask in polite company…
Price 55-60 inch UHD TV’s and draw your own conclusions…
Sex Play Among Fools
It continues to dribble out from the cracks between “unthinkable” and “appalling” these latest revelations about how the Fools on the Hill have made asses of themselves again and again.
Water under the bridge if you’re a democrat. Clear and present danger if you’re Roy Moore.
Yes sir: Land of the Braves, Home of the Double-Standards.
People: “Suits” to “Crowns”
Got to hand it to Meghan Markle…
The MSM is totally agush (that a word?) with stories like How the World Reacted to Prince Harry and Meghan Markle’s Engagement.
On our 24/7 news monitoring site, there were 13-stories about this while Christmas stories were absent and there was only a single “cyber” anything story.
Will the Donna be advising?
The Week Ahead
I won’t bore you with the usual Treasury products offerings today. Although look for come possible reaction around 10 Eastern when the Dallas Fed survey and some home sales data come out.
The biggies this week are the S&P/Case-Shiller/CoreLogic home sales data coming tomorrow morning. Since this comes out at our regular publishing time (8 Central) we will do a follow-up posting update around 8:20. That gives me time to warm up the coffee and read the press release…
GDP Wednesday, Personal Income Thursday, and motor vehicle sales Friday. These last kind of dribble-out so it will really not clarify for a few hours.
In the short-term (like today)? This Reuters report captures the moment: Asia stocks hit by China, South Korea weakness, euro at 2-month high.
About all you’d need to add is Bitcoin has blown through our $9,500 forecast and is at $9,770 each when converted to Fed paper.
Oh, and futures are up 24 a couple of hours ahead of the opening.
On that…have a fine Cyber Hype Day. Ure is off to resurrect a computer and study for his next round of eye tests this week.
And I’ll be doing a fine expose’ on my relationship to Mercury in Retrograde tomorrow in the Coping section.
So, mor’on the ‘morrow…