The US Economy in Two Headlines

Here’s a quote from the first story,

Wealthy households and individuals are pouring money into asset managers, betting on companies that lose $1 billion a year, bonds from little-known Middle Eastern republics, and giving hot Silicon Valley start-ups more venture capital than they can handle.

And private equity has seen so much cashflow that firms have $2 trillion of unused capital.

Axios, Dion Rabouin, Jun 6, 2019 – Too much money (and too few places to invest it)

Here’s a quote from the second one,

“Relatively small, unexpected expenses, such as a car repair or replacing a broken appliance, can be a hardship for many families without adequate savings,” the report said. “When faced with a hypothetical expense of $400, 61% of adults in 2018 say they would cover it, using cash, savings, or a credit card paid off at the next statement,” it added.

Bloomberg, Matthew Boesler, May 23, 2019 – Almost 40% of Americans Would Struggle to Cover a $400 Emergency

43% of Texans (and about that many Americans) are poor. Explain to me again how we cannot afford to deliver a dividend to those people, the half of America that is poor, that is struggling (if you must insist on soft language instead of harsh reality) we could make them have to struggle less, at the very least. Or is suffering what you really want your fellow humans to do?

From a Twitter reply.

Twitter Trolls

Nothing about this man is real. I’d be willing to bet pretty much anything on that fact. His marriage to the Banshee Queen, his opinions about Trump’s mental health, his education and pretty much everything about him is probably fake. If the man exists at all, I imagine he lives in his mom’s basement playing fortnite and QQ’ing every time some twelve year-old ganks him.

If you believe anything he or his purported wife or her employer says, your head rings like a bell when you strike it. He is a troll. He’s a troll’s troll trolling Twitter trolls. The only thing to be gained from noticing this floating turd in the American toilet bowl of modern politics is this; his mere existence bears out my opinion that even listening to the noise around the Orange Hate-Monkey makes you more stupid. Bullshit is bullshit, no matter who is shoveling it.

I generally despise Twitter and only stay on the platform in order to cull the news from news organizations through my aggregator of choice, Nuzzel. That is the only real function Twitter serves. To give the average user the ability to troll the media directly.

Trial Balloon for a Coup? Probably Not.

This article has appeared several times in my timeline recently.

Combining all of these facts, we have a fairly clear picture in play.

  1. Trump was, indeed, perfectly honest during the campaign; he intends to do everything he said, and more. This should not be reassuring to you.
  2. The regime’s main organizational goal right now is to transfer all effective power to a tight inner circle, eliminating any possible checks from either the Federal bureaucracy, Congress, or the Courts. Departments are being reorganized or purged to effect this.
  3. The inner circle is actively probing the means by which they can seize unchallenged power; yesterday’s moves should be read as the first part of that.
  4. The aims of crushing various groups — Muslims, Latinos, the black and trans communities, academics, the press — are very much primary aims of the regime, and are likely to be acted on with much greater speed than was earlier suspected. The secondary aim of personal enrichment is also very much in play, and clever people will find ways to play these two goals off each other.

If you’re looking for estimates of what this means for the future, I’ll refer you back to yesterday’s post on what “things going wrong” can look like. Fair warning: I stuffed that post with pictures of cute animals for a reason. – Yonatan Zunger, Trial Balloon for a Coup?

I would ignore the title, and most of the argument building up to a coup-d’etat, that is just hysteria talking. The formation of a core group that will do the deciding is troubling, but for different reasons.

Pence is clearly angling to replace Trump. I think that has always been his goal. The congress doesn’t want to impeach Trump (bad optics) and the only way out of that is to confirm the cabinet so that they can vote to remove Trump; except that Trump has offered appointees that essentially can’t do their jobs. This creates another problem for congress because they have to act (bad optics again) to appoint a body to remove him, and the cabinet nominees he’s selected are not likely to vote to remove him (See the 25th Amendment to the US Constitution) So it’s going to have to get a whole lot worse before we will see action to remove this guy from office.

Meanwhile (as the OP article goes into) Trump is siphoning off cash as fast as he can get his hands on it, and is channeling it into offshore accounts (most likely) He’s planning on taking the golden parachute out of the White House when he is forced out.

As I warned everyone before Caveat Emptor. This is his standard business model. Stealing money and then walking away with it. If we want to stop this we are going to have to put pressure on congress now to hold him accountable and not just accept that he will escape with our money. We need him arrested and tried as a traitor. The 19% of that Russian Oil company, if it can be traced to him, should be enough to get a conviction if only we can get our hands on him and place him in custody.

But that means people need to wake up now. Not later, now.


I would add the following observations, having read Yonatan Zunger’s other articles on the subject and now having read the StonekettleStation comments as well.

The issue that minorities will face if we let this sit until Congress acts on their own without our collective feet up their collective asses is why we should get mobile and active now. The fact that Trump has always been a thief means that he doesn’t measure success the same way the rest of us would measure it. If he leaves office with a fat load of taxpayer money and campaign contributions, he’s back in the black and set for the remainder of his life and his children’s lives. People can say whatever they like about him. He will know he has won, he has to money to prove it.

Money is all he cares about. Money is his measuring stick. We need to deny him his success in this venture and that means getting him arrested, tried and convicted.

Facebook musings reposted to the blog on the historical date they were written. 

The Media LOVES Trump. It’s Embarrassing to Watch.

The Orange Hate-Monkey

…this guy is supposed to represent a stodgy and serious political party (that’s what “conservative” means, it’s the missionary position of political ideologies), this guy is supposed to represent half of America, he’s supposed to be presidential, and yet EVERY SINGLE THING HE SAYS is some self-centered childish whining about how everybody is being mean to him. His Twitter feed is like that of a 14 year old. Sad!

I mean, can you imagine this guy in the White House taking half the shit Obama has had to endure these last 8 years?

You know, maybe he is right.

Because if you walk his comment through, then it would seem Trump himself is saying that he himself might very well be the worst politician in American political history. – Stonekettle Station on Facebook

He owes his place in history to the media that loves (I mean LOVES) him. They can’t stop talking about him. You can’t avoid news about him. I know, I’ve tried. Google is forever cramming stories on my feed “You’ve shown an interest in Donald Trump!”

No. No I haven’t. I’ve never watched any of his shows, listened to any radio program he’s been on, done any business with him or his mafia brothers.

I don’t know how I could show less interest in the birther-in-chief, have more disdain for the orange hate-monkey. But if I have to, I will try.

Blackrock Depths Falls to the Frosty Wyrm Riders

Once the capital city of the Dark Iron dwarves, this volcanic labyrinth now serves as the seat of power for Ragnaros the Firelord. Ragnaros has uncovered the secret to creating life from stone and plans to build an army of unstoppable golems to aid him in conquering the whole of Blackrock Mountain. Obsessed with defeating Nefarian and his draconic minions, Ragnaros will go to any extreme to achieve final victory.

Wowpedia

I bought that leather recliner, of course. Then I went home and tried it out.

For those who d0 not play the game, Blackrock Depths is the longest, largest instance in World of Warcraft. Blackrock Depths only rival on the size and difficulty scale is Sunken Temple[, which has been radically truncated in the current version of the game. Before the introduction of shortcuts into the instance, some areas within the map were 20 minutes travel away from the beginning of the instance, making wiping on the instance a disastrous consequence to be avoided at all costs].

The average time to complete the entire instance is 4–6 hours due to its complexity

Multiple Facebook status posts. 1. 2. 3. 4. 5. 6.