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    How does the Fed move interest rates?

    Apparently, no one else does. While I am at it, let me also point out that "the money supply" is very heavily dominated by credit money (or what is referred to as "inside money"). Inside money is the temporary money created by fractional reserve banking loans. The Fed does have indirect...
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    Any day now is today, Trumpers. Trump Indicted

    Thanks for posting this. I think you are a lawyer, correct? Would you happen to have the citation to that law handy?
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    Any day now is today, Trumpers. Trump Indicted

    When confronted with simple, consistent facts, these people who are ready to die for Trump (I mean that quite literally) will overlook the obvious, which will be laid out plainly in front of them, and jump immediately to some complex grand government, i.e., "Deep State", conspiracy being...
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    Any day now is today, Trumpers. Trump Indicted

    It is a serious mistake not be obsessed with Trump. The man is an existential threat to our democracy.
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    APOLLO: “Delinquency rates for credit card borrowers are approaching 2008 levels across all age cate

    From the chart it would seem we have a way to go before the end of the credit cycle but we are headed in that direction. Unlikely to have a recession start going into an election. Would expect now a mild recession next year. It's coming but when? Hard to have a recession without peak earnings...
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    DeSantis for the win

    Haha, I just now noticed that lobotomized guy standing next to DeSantis. If these two guys could hook up they could run together as "the dream team", as in, "this can't really be happening, I must be dreaming." One of them is dumb as a stump; the other is missing his frontal lobe, as in lobotomy.
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    Discipline is required

    Besides the Brain their is another part of the body that plays a prominant role in the expression of behavior, especially decision making and emotions. It's the Penis. Many brain functions are actually expressed through the Penis.
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    Christian financial advisor Dave Ramsey sued for $150 million over timeshare-exit company

    I learned something valuable a long time ago that I'd like to pass on to less experienced, young ET participants. Anytime you are tempted to do business with someone who makes a point of letting you know they're a Christian, grab your billfold tightly with both hands, and get away as fast as...
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    Biden Family Tried To Hide Over $10 Million In Foreign Payments: House GOP

    Finally something we can agree on. It's a story.
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    Biden Family Tried To Hide Over $10 Million In Foreign Payments: House GOP

    This is just more nonsense from Comer, Jordan et al. and their fellow nitwits. It's the same shit over and over. Claiming this , claiming that, claiming there is evidence. Of what we don't know, because when it comes to producing evidence of illegal transactions it somehow gets lost, or...
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    Trump Contagion -- an existential threat.

    Yah. And this Yale Psychiatrist says that was a huge error on the part of the APA because it contributed to the nation being now in real danger. (That's in her introductory remarks in the first part of the video.)
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    Biden Family Tried To Hide Over $10 Million In Foreign Payments: House GOP

    Tell as, are you collecting the guns and ammo you think you'll need for protection against the "Deep State"?
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    Trump Contagion -- an existential threat.

    Millions, including thousands of psychiatrists, have noted Donald Trump's mental unfitness for office. The APA made a horrible mistake by threatening to sanction its members who wanted to warn the public of Trump's dangerous mental state.
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    Biden Family Tried To Hide Over $10 Million In Foreign Payments: House GOP

    "There's a sucker born every minute" --- P.T. Barnum
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    The X-date

    Not with Trump. No of course not. He's serial liar and a criminal. As a last resort , the Treasury has multiple ways around this absurd political charade. No country that issues ts own fiat money and has not issued debt instruments denominated in another country's currency has any real debt...
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    The X-date

    There will be no default. The "debt ceiling" is a purely political construct. It has no meaning in any other context. Of course a "debt ceiling" could acquire meaning if the administrative branch of government was dumb enough to intentionally stop paying the government bills. But that won't...
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    Russia & Ukraine

    At the beginning of this war no observer could be sure if either side could pull off a military victory, and if so which side. It is now very clear that Ukraine will win a decisive victory. It is impossible for Russia to win. No nation sending troops into war that have been lied to, or...
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    Russia & Ukraine

    even the launchers are distributed. It a very hard system to take out. Damage yes, but take out no.
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    Russia & Ukraine

    That was 2015!!! get a grip on today's reality. The Ukraine under Russian dominance is not today's Ukraine. Did you see that a Ukrainian Supreme Court justice was arrested for bribery. That wouldn't have happened under the Russian dominated Ukraine. Ukrainians today want nothing to do with Russia.
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