February 24, 2022
Russia’s adapting to US?????
Psaki: “President Vladimir Putin was unprepared for the Biden administration's response to Moscow's aggression against Ukraine and its visibility into Russia's actions. Putin is "improvising" and "adapting" in response to the US.”
Thanks Greta
Climate is warming but it is not an existential threat. The costs of the actions that are being advocated today are far greater than the threat. Money should be spent on R&D to reduce the cost of alternate energy but we should be expanding the use of nuclear and natural gas.
We need withering sanctions+
So far the US response has been whimpering sanctions and threats that have not deterred Putin
February 23, 2022
F’ Putin
Biden needs to get tougher
Putin: “Anyone who tries to interfere with us, or even more so, to create threats for our country and our people, must know that Russia’s response will be immediate and will lead you to such consequences as you have never before experienced in your history.”
Biden: “The U.S. will not be sending American troops to Ukraine. I will address the American people on Thursday. I will hold Russia accountable.”
February 22, 2022
Whimpering not withering sanctions
From Bloomberg News
Instead of a sweeping package that crippled top Russian banks, cut its financial transactions off from the global economy, or personally singled out Vladimir Putin -- the U.S. and its allies settled on a modest “first tranche” of penalties. Markets responded with a shrug, underwhelmed by the tit-for-tat approach.
Everyone still making more
Using the latest data from the CBO on Income distribution:
- Everyone is still making more;
- The rich are still paying far more than others; and,
- The proportion the rich are paying is increasing.
Fix education don’t tax more
February 21, 2022
Biden-ok to invade with peacekeepers
Way to go Joe!
February 20, 2022
Duh!
Too little too late
February 19, 2022
Biden giving Ukraine to Putin?
February 18, 2022
Borders Don’t Matter (to Biden)
I guess whether it’s our border or Ukraine‘s border, it’s really not that important to Biden.
Biden’s policies are a mess AND put many innocents at risk and allow Mexican cartels to get rich.
I support immigration. A lot of immigration. But legal immigration, with a mix of merit based (engineers, scientists, entrepreneurs, doctors, mathematicians, etc.) and opportunity-based (poor people who want to work hard, adopt American values, and get ahead).
Mayors lives don’t matter?
Quintez Brown, a black 21-year-old activist was charged with trying to murder a Kentucky mayoral candidate. His $100,000 bond was paid Wednesday afternoon by the Louisville Community Bail Fund, which is an arm of Black Lives Matter Louisville,
https://blacklivesmatter.com/defund-the-police-reimagine-public-safety-center-care-and-humanity/
Chicken little goes to Greenland
For all of the alarmists out there and the doomsayers propagated the false narrative that climate change is an existential threat there is more good data to tell them they are wrong
No trend between Greenland ice loss and global warming
https://www.ipcc.ch/report/ar6/wg1/February 17, 2022
Romney was right Biden/Obama not so much
February 16, 2022
Is the Fed being Fair?
Since December 2002 the Fed has increased the assets on its balance sheet by almost 8 Trillion dollars.
When the FED increases it's balance sheets it creates money by taking the assets from a seller and crediting the seller with dollars in the banking system. These dollars are then saved in small part with the remaining respent through consumption or investment, with these respent funds then being saved in small part and then further respent through consumption or investment and so on and so on. The result is that the 8 Trillion injected into the economy results in a manyfold increase in the supply of money in the economy.
All of this money in the economy leads to lower interest rates, more investment and more spending AND when done to excess can lead to inflation.
A few observations.
It can make sense for the FED to inject money when there is a crisis like we see in the real estate crisis (1.2 trillion) and the pandemic (3.25 trillion.)
What doesn't make clear sense to me is the significant difference in money that the FED has injected into the economy between the different political parties controlling the Whitehouse. We see dramatic injections during Obama and Biden. We see much small injections and even withdrawals during Bush and Trump.
February 14, 2022
Where’s NYT, WaPo, CNN, MSNBC, CBS, NBC ABC
February 12, 2022
Biden fails to prepare
Ineffectual
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