Greed is Good
A compelling read on the 50th anniversary of Milton Friedman’s seminal essay, which is just as controversial now as when it was first published. https://t.co/uv5xQqIjBL
— Lisa Abramowicz (@lisaabramowicz1) September 13, 2020
More on Zombies
Many of today’s bailouts will lead to a new financial crisis in the future https://t.co/ZxhExbdlPd
— Daniel Lacalle (@dlacalle_IA) September 13, 2020
Gunmen Shoot Police For No Reason
Animals that must be hit hard! https://t.co/zrOd9ZUl8o
— Donald J. Trump (@realDonaldTrump) September 13, 2020
Biden Responds to Shooting
This cold-blooded shooting is unconscionable and the perpetrator must be brought to justice.
Violence of any kind is wrong; those who commit it should be caught and punished.
Jill and I are keeping the deputies and their loved ones in our hearts and praying for a full recovery. https://t.co/330QfeIUGg
— Joe Biden (@JoeBiden) September 13, 2020
Bloomberg to Spend $100 Million Campaigning for Biden
Michael Bloomberg will spend at least US$100 million to help Joe Biden in Florida https://t.co/vDhb7pvAOX
— South China Morning Post (@SCMPNews) September 13, 2020
Speculative Options Activity Diminishes
The good sign?
Speculative options activity dropped off last week.
The bad sign?
It’s still higher than any other peak in 20 years. pic.twitter.com/CCHlsDKIXm
— SentimenTrader (@sentimentrader) September 12, 2020
Zoom the Winner
Poll results: who has benefited most from covid shutdowns and transition to stay-at-home economy… pic.twitter.com/yBaK8MhGSD
— Charlie Bilello (@charliebilello) September 13, 2020
Debate Over the US Dollar
Think those analysts generally are looking at the data on US manufacturing trade not just the current account (which will deteriorate in q2 and q3 by the way) and worry that the dollar’s post 14-15 level implies erosion in manufacturing exports v GDP over time pic.twitter.com/qrvjD2hQS9
— Brad Setser (@Brad_Setser) September 13, 2020
Mish
My simple way to figure if the Usd is ‘over or under’ valued – where is the euro trading in terms of Usd/Dem? Right now it looks to be roughly a 1.65 handle. This is pretty much in the middle of the range from the late 80s to early 00s. Usd/Jpy has been in the same range for nearly 35 years and is also in the middle/low-middle of that range.
So no, the Usd is not at an extreme point or even close to one.
Trump will self destruct in the next month but he will still do things to steal the election.
Trump deserves another term for his ability to drive liberals insane alone… I love it.
We don’t know the affiliations of the gunmen. Could be right wing. Trump knows though
Sure, why not a right winger? After all, Jussie Smollet was attacked by white supremacists in the middle of the night in south side Chicago (a hotbed of white nationalism, don’t-chya-know!) during an Arctic blast, so anything can happen!
“Trump knows…..”
No he doesn’t.
Again pencils down best twitter of the week was this one: https://twitter.com/OmarJimenez/status/1304065750324391936
True, I also saw the horrifying view in Sydney in 2019 bush fire season. Sad.
“Bloomberg to Spend $100 Million Campaigning for Biden”
…
Heh, obviously there is SOMETHING in it for mini Mike.
Secretary of Treasury?
He wants immunity for the Pedo Pizza Sex Dungeon franchising corporation that he’s going in on with George Soros and Bill Gates.
Bloomberg, Soros and Gates live rent free in your head.
Bloomberg simply wants Trump gone. He hates what Trump represents
Does Bloomberg live in NY any more? Seems like everyone is leaving these days…
I think he lives in Colorado but foundation still runs out of New York. You gotta hate it when even businessmen are willing to spend money against Trump. Trump shouldn’t dish it out if he cant take it. Tidal wave of money is about to spent against the Donald.
“You gotta hate it when even businessmen are willing to spend money against Trump.”
Considering “business man”, in the wake of a century of Fed redistribution, is little more than Newspeak for “incompetent idiot living large off of welfare the Fed stole from productive people to hand them in exchange for nothing at all;” if that was the only problem with Trump, things wouldn’t look quite so bad.
In idiotese, which is the only language spoken, (or is that tweeted?) by the likes of Trump and Bloomberg: Trump is (at least for another few months) a winner. Bloomberg a clear looser. So Bloomberg is jealous. And wants attention. And, being an idiot which noone in their right mind would bother listening to, based on anything his meager little brain could come up with, he’s trying to get attention the only way The Fed’s largess has equipped him to: By buying it.
So, in The Great Welfare Colony on the Hudson, like in sandboxes around America, this is what you get.
He always said he would spend whatever it took. Expect him to pay off the fines of inmates who were released. Trump will then begin pardoning private citizens in exchange for votes. Nothing is off the table.
Biden is an empty vessel. I’ve been wondering who is really behind him. Bloomberg would fit.
Gunmen Shoot Police For No Reason? More likely it’s a cry of desperation.
No it was a cold blooded murder attempt. Rationalization of violence will only create more.
“Gunmen Shoot Police For No Reason”
Of course there was a reason! All the media coverage of cops always the bad guys, that any black person killed by a cop was killed unnecessarily, that blacks are being held down by the system and so on. All of this gets in people’s heads, some more than others. Just like that QAnon idiot who thought that a pizza store in Washington, D.C. was harboring pedophiles with kids imprisoned in the basement drove him to drive up there to set them free.
Sometimes, it seems that the world is crumbling around us.
Our lives are built on stories, those that others tell us and those that we create.
You are 100% correct, a narrative has been built that paints cops at the “bad guys”. It is a story and guess what? All stories are lies because they are a summary built for our unfortunately little brains that love a narrative. The truth brings too much cognitive dissonance for people to handle.
“
You are 100% correct, a narrative has been built that paints cops at the “bad guys”.
“
No different from in East Germany. STASI guys weren’t all that popular either, even though I’m sure many of them weren’t necessarily born with some sort of “evil” gene. Being, instead, just ambitious, hardworking guys doing their job and trying to get ahead in life.
It’s hard being perceived as a good guy, when your job is, specifically, to enforce what the idiots are told to chant is “The Law.” Doubly so, when you yourself has fallen for the idiocy that progressive “Law” has any validity at all, just because some privileged idiot in a robe says so.
After all, in totalitarian, progressive dystopias like East Germany and North America; 95+% of “The Law” is nothing but abusive, totalitarian overreach. Hence “Bad,” period.
I have had zero interactions with the police in my 45 years, so you will have to forgive my ignorance of your progressive totalitarian dystopia narrative.
When Jacob Blake was shot, he had violated a restraining order and threatened the same woman while armed with a knife and then fought with officers before trying to steal his ex’s SUV with three of their children inside.
George Floyd was passing counterfeit money.
I’m pretty sure it’s illegal in all countries to pass counterfeit money, threaten with a knife a women you already raped, and to steal a car with kids inside. Those aren’t unreasonable laws, and it’s the job of police to enforce these laws.
” I’m like Jojo the idiot circus boy with a pretty new pet.”
Pretty much sums you up… moron
Yes. The wokists are the latest incarnation of witch doctors telling people that they’ve been victimized and can’t be blamed for where they are in life, what they’ve done … or what they feel like doing tomorrow.
Candace Owens Rages At BLM Enablers Over Cop Shooting
“This is the natural result of such hyperbolic, dishonest rhetoric”
14 September, 2020
This is an interesting teardown analysis of the recent scare mongering news that eating in restaurants will give you the Covid.
In a War on Restaurants, Media Tout the Lockdown Narrative
Jeffrey A. Tucker
– September 13, 2020
Florida is the key state. Doubt Trump can win without it. A hundred million is the state budget for a campaign. Trump has a cash crunch and Bloomberg’s money means Biden can spend elsewhere. Biden has a problem that his campaign has not addressed. It may be too late. He’s not polling well with Hispanic voters. He’s underperforming Hillary and Obama. Not 100% sure why
You jump right in there, Virgil. I’ll hold yer beer.
The irony is that if they loosen the restrictions on restaurants, their business will fall. People go out when they feel confident. The restrictions give them a certain amount of confidence.
Obviously you don’t watch much news or you have decided not to believe your lying eyes. People w/o masks are eating all over. If the restaurants inside is open, they are eating there w/o masks. Many people are tired of the Covid scamdemic.
Exactly my point. People are starting to have enough confidence to go out again. But, if you cause cases to go up, that will no longer be true, obviously, so if you proceed inappropriately, business will go down, not up.
50% higher risk of getting covid if you eat inside a restaurant. And it turns out immunity is increased by wearing a mask because now they have enough research to show MASKS REDUCE VIRAL LOAD AND IMPROVE IMMUNITY.