09/18/23

The Impeachable Southern Border

Every day illegal immigrants break into the country, are processed by Customs and Border Patrol, and released into the country under the fiction of presenting themselves at some future date to have their case heard before a judge.

Our country provides guidance, healthcare, transportation, food, and money to all of these criminals. Our government facilitates this with your tax money.

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02/14/23

The United States And Nicaragua Immigration Partnership

The sovereign nations of Nicaragua and the United States have entered into a new immigration partnership. It works like this:

 1. Nicaragua flies its prisoners involuntarily to the United States where they are illegal immigrants and dumped into US possession. Last week, they sent 222 felons.

Helpful Nicaraguan police assist felon — wore white after Labor Day – in finding a seat on the bus to the airport to catch the Freedom Bird to the United States

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11/28/22

The Wildly Inconsistent and Confusing Energy Policy of the Biden Admin

Comes now the Biden War on Energy wherein President Biden took a series of anti-energy actions during his first week in office to include the gleeful cancellation of the Keystone XL Pipeline from Canada to the US Gulf Coast.

On the cutting room floor lies 900MM barrels per day lost to the Keystone XL Pipeline cancellation. Alas and alack!

Many will say these singularly targeted Executive Orders began the relentless and cruel rise of inflation from the 1.4% that Trump bequeathed to his successor.

The “many” would be right. Just look at this chart.

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09/16/22

Embedded Inflation

Do y’all recall when inflation was “transitory?” When the Secretary of the Treasury and the POTUS used to assure us that inflation was going to come and go? That the target would continue to be 2% – which, in fact, it had been?

Well it’s more than a year later and, clearly, that is not going to happen. In fact, we are in this inflationary spiral for the long term — meaning three years until there is any relief.

How did we get here, Big Red Car?

Let’s review the bidding to see how we got here, shall we?

This chart is not lying to you. Study it.

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08/25/22

Renting Votes and Forgiving College Debt

President Biden announced he is unilaterally — meaning without the joinder of Congress which is supposed to control the Federal purse — forgiving college loan debt of $10-20,000 (Pell Grants) for individuals making up to $125,000 or families making up to $250,000.

The Committee for a Responsible Budget scores this Executive Order as costing somewhere between $440B to $600B.

There has been both a huge outcry against and for this policy. Here are some thoughts.

The Facts

1. Total college loan debt is more than $1,750,000,000,000 – that is $1.75T. This is bigger than credit card debt in the US. Hello, America!

Credit card debt is about $850,000,000,000 — $850B — versus college loan debt of $1.75T.

Total auto loan debt in US is $1.45T. Continue reading

05/12/22

The Grinding Pound of Inflation

Ten minutes ago, the Bureau of Labor Statistics released its Producer Price Index numbers for April 2022 – this is, of course, a month in arrears. The print was 11% meaning the cost of final demand goods from producers was up 11% when compared to April 2021.

These are Jimmy Carter numbers.

This is the fifth month in a row in which the annualized increase was double digits — again, when compared to a year earlier. Continue reading