Wow. What a week. From helping a friend out in driving rain on Tuesday put up plywood to craziness riding the storm out in Nokomis […]
Warsh, Rinse, Repeat
Meet the new boss, same as the old boss. With those prophetic words uttered by The Who, America welcomes a new Chair to the Federal Reserve replacing a Burnsian like failure, Jay Powell. The question becomes what type of Fed Chair does Kevin Warsh intend to emulate or does he actually have a new reform minded program which might actually modernize some of the antiquated thinking which has lead to crisis after crisis since LTCM in 1998? I. The Greenspan Repeat? To answer this question, let's review some of the commentary and statements from Mr. Warsh himself to formulate some ideas. New Fed Chair Kevin Warsh suggests he may take an Alan Greenspan-style approach at the central bank The following…
What if the Bond Market Isn’t Warning About Inflation
The common theory being propagated by the media is that…
Credit Union Failure Vacation Edition: Jackson Area Federal Credit Union in Jackson, MS
I go on vacation to the tropics for a week…
05.01.26 Bank Failure Friday Returns: Community Bank and Trust LaGrange, GA
It's been a while, but here we go again. From…
09.28.22 Hurricane Ian Update: This Author is Going to get Whacked
Yeah, this is going to suck as anyone can see from the radar snapshot at 5:15 a.m. above. A Cat 4 monster with sustained 140 […]
The Bull Market of 2009-2022 Died Tonight
The many cries of the Spacmonster who lived on YouTube and CNBC did not save it. The bald bull throwing guy could not rescue it […]
09.27.22 Hurricane Ian Update: I’m Toast (40+ inches of rain?!?!?!?)
The latest update from Hurricane Ian and it’s projected path means one thing: I’m toast. Wow, waking up to see this on your Accuweather hourly […]
Hurricane Ian Update: Laissez le bon temps rouler!
From the JohnGaltFLA perspective it would appear that Sir Ian is getting his shit together in a rapid way which means life in this region […]
The US Eugenics Movement is Alive and Well
No comment needed. My how America is falling…
Attention Senator Lindsey Graham
I doubt seriously that chicken hawk would ever do this, but it is worth noting some politicians walk the walk. Just not American ones. Thankfully […]
Nothing Like Life in the “Cone of Death”
Just ugh. But I do not own an ice scraper, so there is that.
Sorry about the Enforced Absence
No, I wasn’t thrown into a January 6 FBI gulag gang, but to say the last two weeks has been interesting is an understatement. First […]
America is NOT Going to Have a Happy Ending, Part 26 (Video)
You just can not make this crap up. WH monkeypox coordinator Demetre Daskalakis: We're "signaling to people who are in the gay/ bisexual/other-men-who-have sex-w/-men communities, […]
Is Saudi Arabia Preparing to Implode the Dollar?
The news today from Saudi Arabia about a price cut in crude oil to Asia is not shocking but the quiet behind the scene reasons […]
09.06.22 Housing: I Need to Call my Mom
Who can forget this scene from The Big Short when Jamie Shipley says “It’s starting.” The first minute of this video will provide some flashbacks […]
And Now Gazprom Reminds Europe: Winter Will be Big (Video)
Epic propaganda: Yet we have buffoons in the US, especially on financial television, which claim that the problems of Europe, Japan, and South Korea will […]
The West is Falling
This brief note could easily be highlighted by this one picture as a reminder of “who” is supposed to be the de facto leader of […]