Are You FREAKING Serious? It's ALWAYS About Money
By Bill Tatro
Are You FREAKING Serious? It's ALWAYS About MoneyFeb 27, 2023
A Swan Song
After 50 years on Wall Street and 35 years in radio ,television and the internet it's time to bid adieu. Mahalo to all my faithful listeners through the years and ALOHA!
Say It Ain't So Joe
President Biden gave the State of the Union address Tuesday evening. I was riveted especially when he said "let's finish the job." That of course is code for "4 more years." Soooooo, I thought I'd fact check the core of his speech which was that "the U.S. economy is in great shape and much better times are just around the corner." This show is the result of what I found. HEY JOE, Are You Freaking Serious?!
Up to Your Eyeballs in Cardboard? Maybe NOT!!
During the pandemic people were buying and companies were shipping.......in CARDBOARD. Prices rose 55%. New production facilities were built and supply ramped up to meet demand. Even the NASDAQ said it would last forever, up !0% in January. That hasn't been done since Jan 2001. What happened next wasn't pretty, a 50% drop. Could this be Deja Vu, all over again?
Deja Vu, All Over Again, In The World Of The Homebuilders
In 2008 securitization spelled doom for the Homebuilders. Now it's Deja Vu, all over again, but this time it's mortgage rates. Homebuilder stocks didn't see it then and they don't see it now,
AND that spells opportunity on the SHORT side.
Will Insider's Change Their Minds On the Inflation News?
Retail is leveraging and buying like there's no tomorrow. Insiders are still selling. Some one is right and someone is wrong. Perhaps we'll find the answer in the most recent CPI report? Stay tuned it should be fun.
Are You Freaking Serious, It's Always About Money
We start the year with a new title and a new focus. 2022 has made me realize, that no matter how you describe the BS in the world, at the end of the day, "It's Always About Money."
Chewing Gum and the Bubble
From Madoff to Bankman-Fried and Housing to Cryptos, the bubbles are bursting right in front of our eyes.
Happy Holidays, REALLY!!!!
So we can't say Merry Christmas any more it must be Happy Holidays and all that that means.
Betting on the Fed Could be Disastrous
Since the inception of the Fed in 1913 they have made mistake after mistake. But nothing can hold a candle to the most recent decisions that are putting us on the path to financial ruin.
An Appetizer to Make Money part1
Today we explore a little in the world of technical analysis to tell us what is setting up. Do I have a crystal ball? Of course not. But I can read charts and they say things don't look pretty.
Thankful / For the Answers
When people are floundering around looking for the answers I am so thankful that at least one person can see clearly........... ME!!!!!!!
Nothing Like a Good Bug Burger
From inflation to bugs and cattle to CO2. The World Economic Forum's game plan is climate change forevermore.
The More Things Change the More They Stay the Same
The 2022 midterm election was decided by all the people who are only interested in the free stuff. And those who are looking for a new tomorrow with crypto were stunned to realize that, after losing millions, the more things change the more things stay the same.
Election Day 2022 according to Ayn Rand
It's election day 2022. Most see a big Red wave. But if you believe that then you also believe the Dems will go quietly into the night and if you believe that then let me know the next time the UNICORN make a visit. The Dems will pull every conceivable trick in the book to disrupt this election and then will lawyer up to keep us in the dark for days, weeks and maybe months. Yes the results will eventually come but what other trick will the left pull till then? Stay tuned as Ayn Rand said "the truth is sometimes difficult to find." And Brazil was able to count all their millions of ballots in 24 hours.
Election 22- Will Anything Really Change?
Biden will have the veto and Schumer will have the filibuster and many on both sides of the aisle love fiat money and war. So are we just kidding ourselves in hoping for a RED wave? Only time will tell.
The Nation's Report Card is a Disaster
Math and Reading scores are in the can. Students can't read, write or do arithmetic but boy are they one with their phone.
Two Negative Quarters is a Recession, End of Story
From the left to the right they all talk about the approaching recession. The reality and Economic Definition is that two quarters of GDP, which we just had, IS a RECESSION. Of course do defintions really matter any more when we can't define a woman.
Unfortunate, Very Difficult and the Fed says "OH WELL"
Food inflation is the highest in 40 years. But Pepsico is riding high and Charlie Evans Chicago Fed President says "Oh well."
An Easy Prediction, Part 2, At the Pump
Opec+ cuts production by 2MBD. The DOE revises U.S. gasoline demand dramatically upward. Including SPR the energy reserves of this country are at the lowest since 2004. China is coming out of Covid. Biden is negotiating (begging) Venezuelan dictator Maduro to let Chevron pump more oil but refuses to open up domestic production. Hmmmm. I've never seen a better poster child for an example of supply and demand and its end result. You will pay a lot more to fill your tank.
An Easy Prediction, Part 1, "The Flations"
So will it be inflation or deflation? Perhaps both. Really???
The actions of two diverse entities give us our best clues as two what will happen on the monetary front in the months ahead. Presenting the Bank of England and Nike.
From Economics to History, Joe Just Doesn't Get It
Joe thinks inflation is just up an inch and he thinks the US has a through line of hate. Who says you can't be stupid and get to the top of your profession?
Liars Figure, Figures Lie
Now it can be told that all the great job increases announced by the Biden Administration are a result of double accounting. Yes the White House did say "what are the job numbers" and the BLS did reply, "what do you need them to be."
What Strategic Oil Reserve???
The CPI number looks to come in lower, month over month. But it took depleting our Strategic Oil Reserve, to an HISTORIC LOW, to do it.
The Sanctioner or the Sanctionee???
The sanctions imposed against Putin and Russia seem to be working directly opposite to what the intended purpose was. No one is talking about a cold winter in Moscow but they certainly are in London.
The REAL ENEMIES of the WEST
Is it really just coincidence that the leaders of the West like Biden , Trudeau, Johnson and Merkel have made so many bad decisions about energy, money, immigration, and so much more, all at the same time? Or could it all be by design?
It Should Be Called the Jackson SINK Hole
The June stock market upside was a simple Bear Market Rally. Powell's Jackson Hole commentary was the match that lit the fire. That, coupled with both fundamental and technical deterioration, spells turmoil DEAD AHEAD for investors and their money.
Keep the Wars Coming, It's Only Money
Eisenhower warned about the Military Industrial Complex. But could he have imagined that our military spends more than the next nine countries, including China and Russia, COMBINED?
I'm As Mad As Hell, And I'm Not Going To Take This Anymore!!!
From Mar-A-Lago to Hunter Biden I have had it. I'm fed up with the corruption, the stupidity, and the total disregard for me as an American citizen. I didn't think I would say this but President Trump please run in 24. I am behind you 100% and hope to see PAY BACK.
The Signs Say Danger Ahead!
The Consumer, 70% of GDP, is broke and the INSIDERS are selling. Could it all portend danger ahead for the markets? Hmmmmmm!
If You Don't Like the New Definition of Inflation, We'll Just Find Another One ther
The Atlanta Fed says growth is plummeting at such a rate that another quarter of negative growth could be in the cards. So what do we call it then Pres. Biden?
Don't Like the Definition? Just Change It!
Economist's like Volker, Bernanke, Yellen and Deese have discovered that if the definition doesn't fit your scenario then just change it. First it was inflation in the 1980's, then securitization in 2008 and now recession. Should we be surprised since the newest Supreme Court justice can't define a woman.
Just Thinking Out Loud!
Putin has been several steps ahead of the West for quite sometime. What if, THINKING OUT LOUD, the recent announcement to start the flow of gas again, through Nord Stream 1, was just a ruse to hype the markets in the U.S. and Europe? He goes long before the announcement and then goes short before he says "Sorry, just kidding.!" Think about it.
June Payrolls Report, What Do Need It to Be?
The June payrolls establishment report and the household report are at such odds there must be some chicanery present. We pull back the covers and peal the onion skins to get at the truth.
To Bash or Not to Bash July 4th, That is the Question
From politicians to celebrities, athletes to CEO's, because of Roe v. Wade, the 4th of July has come under attack. The lack of knowledge of what actually we are celebrating is almost laughable if it wasn't so frightening. HOW DARE! anyone attack the founding fathers and the sacrifices they made to give us "life, liberty, and the pursuit of happiness.
Who Holds the Key?
The first half of 22 is over, thank God. Now what? More of the same? There is one group of investors who hold the key.
G-7, Herbert Hoover Would Have Been Proud
A tradition in American politics is the No-business meeting. Herbert Hoover pioneered the meeting in 1929. Now the G-7 has taken it to a whole new level.
Cryptos', The Emperor's New Clothes?
The collapse of Crypto Currencies is very reminiscent of the Investment Trusts of 1929. Just another example of Mark Twains, "history doesn't repeat but it does rhyme."
The Fed Attacks Would-be Homeowners but Misses Food and Energy
Sorry to say I got hit with a summertime cold, not COVID, unlike Fauci. So, it's time to play catch up. We start by clarifying the impact of the Fed's 75 basis point increase. It will definitely put a chill on home buying but will do nothing for food and gas. You know, the stuff they call headline.
It's Inflation +++ at the Restaurants
Restaurants are not just raising prices to offset inflation they've also introduced kitchen appreciation, supply chain, transaction and even wellness fees. So scan your bill carefully.
Don't Look Now but Here Comes Unemployment, WITH A BANG!!
Demand destruction is taking its toll on Corporate profitability. So what is the next step for Companies to maintain their margins? It would appear pink slips are on the horizon.
Consumer "Potato Chip" Price Gouging Prevention Act
The Democrats in the House have decided to solve our high gas prices by attacking oil companies for price gouging. Unfortunately if they only knew the facts they may have put another industry in their crosshairs, the potato chip folk.
Stupid Is as Stupid Does
The way to attack inflation, "too much money chasing too few goods," is to either reduce money supply to meet the quantity of goods or increase the quantity of goods to meet the supply of money. Unfortunately Gov. Newsome, of California, heard God say BRAINS and thought he said RAINS and headed for the shelter. He is increasing money with decreasing goods. A sure recipe for higher prices. It must be the Cali way.
Price Controls, Deja Vu All Over Again
First it was Nixon in '71 and now Biden in '22, PRICE CONTROLS. I am convinced that when GOD said "Brains" these jokers thought he said "Rains" and headed for the shelter. If price controls are implemented, the inflation disaster, on the horizon, will make the 70's inflation blood bath look like a tune up.
Confused? The light at the end of the tunnel is GOLD!
If you think you're confused how about the Fed. They have no clue. Inflation has escaped the box and it will be a long time before the Fed is able to put it back in. To me the only stable money is gold. RIGHT HERE! RIGHT NOW!
In God We Trust, All Others Pay Cash (Rubles)
What would would happen if all the commodity producers went on strike and decided NOT to sell anything to the world's customers, unless they agreed to their terms, like HOW to pay. An interesting question beginning to play out on the world's stage. We are starting to come to grips with where the real power lies. Its not in dollars or in guns.
Standing Corrected from the Mailbag
Three listeners called me out on the definition of GLOBALISM when I should have said GLOBALIZATION in the last show. Apologies go out to all listeners and to the Ian, Joan and Neil I have only one thing to say, "Are You FREAKING Serious?!"
The DEATH of GLOBALISM
Punctuated equilibrium, from dinosaurs to the fall of the Berlin Wall, has raised its ugly head again. The victim this time will be Globalism. What will replace it will be two camps made up of the West and the Brics. The ultimate winner? Only time will tell.
The POLITICAL GENIUSES are AT IT AGAIN!!!
The idea that the Fed will stop inflation by raising interest rates is ludicrous. The politicians will keep on spending but more important the POITICAL GENIUSES have created unprecedented shortages.
The Economics of Biden vs Kennedy
JFK attacked inflation by aggressively cutting taxes and reducing spending, specifically for the military industrial complex. Biden's strategy is to increase taxes and crank up the printing presses. Until a bullet stopped him Kennedy's strategy showed brilliant growth enhancement, a stable dollar, and controlled prices. Unfortunately the current Democrat's strategy seems to be an attack on everything and everyone JFK was trying to help with no growth, an unstable dollar and out of control inflation. Oh for the days of Camelot.
Putin Plays Chess while Biden Plays Bingo
Putin has demanded that all oil and gas purchases be paid for in rubles. SILLY the US media said. But then they noticed the fact that Russia has tied its currency to gold which trades in dollars. Oooops!! Putin has brilliantly set a floor for rubles to the dollar and in so doing strengthened his currency. I'd say Mr. Putin just said "CHECK" to Mr. Biden.
A GAFFE or the HONEST TRUTH?
Joe Biden called for a Russian regime change and also asked the 82nd Airborne to be observant when they got to the Ukraine. Were they both just Presidential gaffes? I don't think so!!!
A Little Food for Thought
Colin Powell said unequivocally there were chemical and biological weapons in Iraq. One month later we invaded. No WMD's ever found. "A blot on my career," he said. Victoria Nuland, when asked by Sen. Rubio, the same question about Ukraine, "Just biological research facilities," (plural) she replied, much to Marco's surprise. "And," she continued, "we're worried about Russia getting their hands on the"..... weap, I mean, research. Oooooooops.
So You Think You Know Who Has the Power, LOOK AGAIN!
In the battle for Ukrainian control it would appear that all the power is starting to emerge from the West. I would respectfully disagree. This is developing as a War, NOT of guns and bullets, but a War of Economics, and in that I believe Russia and China hold the stronger hand.
A World at War?????
I am not agreeing with Putin but I totally understand the reasons why. We must delve into history to make sense, without the hyperbole, of how we got to where we are.
Money, Money Everywhere but NOT the Way You Think
No Ukrainian invasion, SORRY Sleepy Joe. The Cops arrest the Truckers and charge them with MISCHIEF. Monetization of U.S. debt continues and lumber futures are up 36% for the month. Who says I don't have a CRYSTAL BALL?
There WILL be an INVASION but NOT in the UKRAINE
We invaded the Ukraine in 2013-2014 with John McCain and Victoria Nuland, to depose duly elected Pres. Victor Yanukovych. Then lied about. We are continually lied to about Covid as people like Dr. Coetzee are pressured from telling the truth. Now Biden's people say an invasion is imminent. NO LIES here, just the wrong part of the world. Not the Ukraine BUT the Canadian border as Trudeau with Biden's support make a full scale invasion against the truckers.
Taking Off the Gloves
I am sick and tired of the lies, the deception and the intrigue. Right now I am not very proud to be an American. I can be quiet and go along or I can use the tools and my God given talent to fight back and make my voice, with your help, heard. I chose the latter. The GLOVES are OFF!
S-T-A-G-F-L-A-T-I-O-N 70's Style
Prices are going higher and the number of jobs is going lower. If I didn't know any better I would say it's the 1970's deja vu. Keynesianism is back in vogue and gasoline is once again making headlines. Yeah it's the 70's for sure. Where's Paul Volker when you need him?
Truckers of the World Unite!
From Ottawa, Canada to Canberra, Australia and Milan, Italy to Columbia, South Carolina, truckers of the world are uniting to protest government vaccine mandates. Just another log to throw on the ever growing inflation fire.
TI - TA - NIC is Still the TITANIC Mr. President
Joe Biden, during his historic, (?) press conference, alluded to splitting up his Build Back Better bill into smaller pieces, in order to get passed by Congress. The five trillion dollar inflation bill no matter how you slice it still adds up to five trillion. Mr. President please follow along. 1 + 2 +1/2 + 1 1/2 = 5. Just as Ti + ta + nic still is the TITANIC.
Expensive and Dirty!!
The Progressives have shut down fracking, pipelines and oil and gas investment. Surprise, surprise! A limited supply and a post Covid increase in demand has created higher costs and a return to dirty coal. Are you Progressives really that STUPID???????????????
The Consensus Finally Got it Right, Unfortunately!
Inflation is now running at 7% putting a nail in the TRANSITORY coffin. Not since 1982 have we seen such numbers and the only good thing then was the debut of the movie E.T.
Education Takes a Hit
The teacher's union of Chicago, even though 90% of their teachers are vaccinated and the safest place for students is in the classroom, decided to have their teachers stay out of school and put all students back on line. They should all be ashamed of themselves.
2021, THE YEAR IN REVIEW
A look back at 2021 and my picks for both the highlights and lowlights.
Why Biden and Einstein are Inexorably Linked
They now call it Bidenflation. A real disservice to the President. It's the samo inflation caused by the samo economic problem, too much money ,too few goods. But ,Joe, like every president before him, believes that this time it's different. Obviously Joe's no Einstein!
Build Back Better, A Taxpayer Rip Off, Part II
In 1964 LBJ declared war on poverty. Since BBB is giving another $1.5 Billion to the Job Corp., I thought it was worth a look as to how it's done over the last 57 years. The results are not exactly as they wished but, what the hey. What's one point five billion amongst friends?
Biden's Build Back Better Dies a Proper Death
When voters, legislators, and even the media finally decided to pull back the covers and peal back the onion skins, on Biden's Build Back Better bill, there was a collective outcry of "ARE YOU FREAKING SERIOUS?!"
2021, The Year That Crime Ran Rampant
2021 will be remembered for many things, not the least of which is the year that the criminal justice system collapsed.
Fed Chairman Powell Finally Surrenders / Maybe
At a Senate hearing yesterday Fed Chairman Powell admitted that it was time to shelve the term transitory when describing inflation. So what's next Jerome, higher interest rates, accelerated tapering? Only if you want to demolish markets and the economy. You're between a rock and a hard place and who will suffer? Who always suffers? But this time they'll see it coming. Not much of a consolation.
A Thanksgiving Reflection On Powerful Words
Thanksgiving day my wife asked me, "with all the turmoil is their really anything to be truly thankful for besides the obvious of health and family?" After careful consideration the answer came screaming through the ages: YES, my unalienable rights endowed by my creator. "Tell me more," she said.
Joe Says It's Keynesianism All The Way
On the campaign trail Biden said "Milton Friedman isn't running the show anymore." That meant that Keynesianism would be alive and well in the Biden administration. Soooooo crank up the printing presses, here comes even higher inflation and SUCK IT UP America. It's Build Back Better time.
Spaghetti Against the Wall
The Biden Administration is desperate to try anything that will relieve the supply chain debacle. Like spaghetti against the wall, whatever sticks is a good idea at the time. So why not daily mind blowing container congestion fees? SUUUUUUUUURE! Or perhaps just bringing manufacturing back home or is that too TRUMPIAN?
Energy Has Biden saying "Are You Freaking Serious?"
After having gutted our domestic energy program Biden wonders why prices are going higher at the pump. He also can't believe that OPEC said no to his request for increasing their production. I am firmly convinced that when God said BRAINS sleepy Joe thought he said RAINS and headed for the shelter.
The REAL Problem with the Build Back Better Bill
Everyone is focusing on whether or not Biden's bill is paid for. WRONG!!! It makes no difference whether it is or it isn't. The simple fact is that there are NOT enough goods and services available to handle the trillions about to hit the Economy, if the bill passes. The simple definition for inflation is too much money chasing too few goods. Therefore pass the bill and HYPERINFLATION follows. No one has repealed the laws of economics, yet.
Just Another Inflation Problem
In the past ten years the skilled labor shortage has exploded to over 10 million jobs. We promote go to college, get a worthless degree and be mired in big time debt. We also applaud those who sit home watching Netflix, collecting the most recent government handout. Then we wonder why there's only one plumber in the area who is so tough to schedule and charges an arm and a leg. Another inflationary dagger.
"Stupid Is As Stupid Does."
Forrest Gump once said "stupid is as stupid does." It seems that the Ports of LA and Long Beach, with the blessing of the Biden administration, have decide to cripple the American consumer even worse than they are. New fees will be charged, beginning Nov. 1, for every day a container is still in port. And who ultimately pays those fees. Three guesses and the first two don't count.
Just Change the Date
If the supply disruptions and empty shelves were not bad enough it now seems that various retailers are changing dates on everything from fresh fruits and vegetables to packed seafood in order to meet demand. Date packed and sell by was something that the consumer had a right to believe in. Consumer rights are now being trampled but more importantly I didn't think we had to worry about our health from dishonest grocery stores.
Empty Shelves cont. / Can You Spell Globalization
We first thought that the supply disruptions at the LA Port were due to a lack of effort, blaming the ever increasing power of unions. Then we came to realize that the California Governor and Legislature also had a hand in the cluster .... But most recently, and not letting the others off the hook, it is apparent, that the 800 lb. gorilla in the room is the ever growing dependence on GLOBALIZATION.
Unraveling the Cargo Ship Conundrum. The REAL Story!!!
So your store shelves are empty. There may not be presents under the tree this Christmas. Obviously short working hours and the BIG BAD COVID are to blame. That's what we initially thought. But not so fast Bucky. Today we pull back the covers and peel back the onion skins to discover the real reasons for cargo ship backups.
The Biden-Harris Supply Chain Taskforce AHA MOMENT!
From Herbert Hoover's non-business, business meetings to the Biden-Harris Supply Chain Disruptions Task Force , the governmental brilliance is incredibly underwhelming. Hmmmmm Problem: Ships unable to be unloaded in an eight hour work day Solution: Expand the work day. Brilliant. That's why they make the big bucks folks.
The Can Got Kicked and We Got Screwed
The Senate kicked the debt ceiling bill down the road till December so they can focus on Sleepy Joe's 3 Trillion Dollar human infrastructure bill. Lucky us. That means more money spent and much more inflation for as far as the eye can see. Transitory my butt.
Stop The Lies About Covid!!!
First the health care workers are lauded now their being fired. We're told that having Covid will protect you from getting it again. Then we're told just the opposite. Masks, the pros say, don't work then the same people say your a terrorist if you don't wear one. Lockdown then open up. If it were just simple mistakes then ok I can live with it but when it is based on politics welllllllll! It's the lying I can't stand.
How Do You Tell When Biden is Lying? His Lips Are Moving
Pres. Biden promised no new taxes on anyone making less than $400,000 single, $450,000 married. Now he's closing the Roth Conversion for EVERYONE and calling it a loophole, with a smile on his face.
US Shale Off The Mat and Ready To Drill
After a year of slack demand due to Covid19 the public and private US shale oil drillers look to come back with a vengeance. But the Green Group may have other ideas since they continue to hang around and make noise. But a short term trade is not out of the realm of possibilty.
Those Who Do Not Learn History Are Doomed To Repeat It
The Central Banks of the U.S. (4) have always printed, printed and printed more and more money. This action invariably results in BOOMS and then BUSTS. To be more specific, rising real estate and rising stock markets. But all along the dollar continues to be worth less and less ultimately resulting in bankruptcies, unemployment, and finally depression. It just takes the central bank to have a meeting and pull the trigger on higher interest rates and less printing for it all to begin Was that meeting just held in the last two days? It's ALWAYS happened before. It will happen again.
It Just Keeps Getting Better and Better and So Ever.....Grande!
Global economies are oh so ....grande when things are ALL working. But, throw a fly or two into the ointment such as Evergrande Properties or a multi trillion dollar infrastructure program and you could have a recipe for a Black Swan moment.
Milley Stopped Just Short of a Coup d'etat
Gen. Milley decided his rank was greater than the Commander in Chief's. I believe he crossed the line, into the world of TREASON and should suffer everything short of the firing squad. He was the advisor on Afghanistan, now this. I can't wait to see what #3 is.
Reflections on 911 Like You've Never Heard Before
911 was BLOWBACK. 911 was not a Black Swan Event. 911, or something like it, will happen again. Since the War of 1812, and EVERY military conflict thereafter, it has been All About Money, not about keeping America safe. It is time to WAKE UP AMERICA!
Does Anybody in the Government Understand Basic Economics???
The Biden administration, obviously, were ALL absent when devaluation and money borrowing were discussed in Econ class. It's too bad because a lack of basic understanding has made them all sound moronic.
First Tulip Bulbs NOW Non-Fungible Tokens
In the 1600's speculators kept chasing a small TULIP BULB and were willing to pay as much as 10 times what a skilled artisan made in a full year. Of course they were convinced there would be a greater fool to buy from them. I thought I would join the current crowd and video myself going to the bathroom and entitle it " The Many Moods of Man." Sale price $1,000,000. Welcome to the world of NFT.
And You Thought An Unvetted Afghani Would Be a Problem
The Biden Administration has added insult to injury. They are proposing that all decisions about entry into the U.S at the southern border be taken out of the judiciary's hands and be assumed by the local border guards. This will set off a mass migration that's like nothing we've ever seen before. Just when you thought it couldn't get any worse.
America's Longest War Is Over, Cue The Confetti, NOT
Much like Chamberlain's misjudgment of Hitler, Biden's misjudgment of the Taliban will prove to be a colossal error. But what the hey, America's longest war is over. The repercussions, however, are just beginning.
First Afghanistan, Now the FDA
The FDA just gave Pfizer's Covid19 Vaccine the seal of approval. There's only one problem. To reach their conclusion they broke their historic protocol and eliminated the non-vaccinated control group. They gave big Pharma, Sleepy Joe, and Dr. Fauci exactly what they wanted. Truth and honesty be DAMNED!!!!!
A Black Swan is Coming So Follow the Money
The purchase of gold, not only domestically but internationally, is accelerating. The faith in the dollar, the U.S. and in Biden was shaken dramatically this week with the events in Afghanistan. People are also starting to view the Fed as a place run by idiots. It seems that the final straw will be a "Black Swan" event.
HEY! Military Industrial Complex, After Kabul, What's Next?
On today's show we look back the involvement and money that has been made by the Eisenhower warned Military Industrial Complex, from WWI to Iraq and Afghanistan. We then ask the question, since we know they are not going away, where to next fellows?
Top Ticking or More of the Same???
The signals are conflicted. More printed money means more inflation which means higher prices. But, it also means we may be running out of buyers especially in real estate. Be careful out there because it is a long way down.
Renters Galore with Nothing to Rent, of Course at Record Prices
Seniors, millennials and of course Wall Street are all competing for the few rentals that are available. A classic case of supply and demand as rental rates hit record levels. But who cares with all that government money flowing through the system. Of course it is all transitory say Biden and Powell.
The World's New Enemy is Worth Even Bigger Bucks Than the Old
First it was Fascism, then Communism and finally terrorism. The money just kept rolling in for the military industrial complex. But recently the old enemies had to be replaced with something new. Global warming really never grabbed hold like the others and the money wasn't that big. Conveniently, along came Covid19 and the money started flowing again, even greater than before.
Mr. Powell and Mr. President, Did You Miss the Class On Inflation?
The Chairman says it must be employment. The President says it must be pent up demand. Why else is inflation soaring? Duh, maybe it has something to do with money printing? Just a thought.
Trump Revisited, Another Point of View
Today we take a reflective look at the 45th president of the United States, the good, the bad and the ugly. In addition I'll disclose the advisors who did Trump the most damage and perhaps knowingly.
From Dinosaurs to Napoleon to Walmart
"Punctuated Equilibrium" is when everything is in flux, disequilibrium becomes the norm, and uncertainty reigns. Welcome to 2021 a period of historic punctuated equilibrium. Who will be the dinosaurs and who will be the mammals. In other words, who will be the winners and who will be the losers?
Awwww!!! The Poor Disenfranchised Voters???
No one gets upset when they ask you for a photo ID to buy alcohol, apply for food stamps, get married, buy a gun, get a prescription, or board an airplane. But voting is something else again.
Figures Lie and Liars Figure!!!
Headline inflation is up 5.4%, yoy, WITHOUT 23% housing increase included. The 30 year bond auction is a disaster for deflationists. Used car and truck prices are up the most in history, that's EVER. Do you still believe that inflation is transitory?
In 1989 Miss Saigon (the musical) debuted in London and then on Broadway in 1991. The classic scene of Vietnamese reaching for the last helicopter to leave, before the Viet Cong entered the city, was unforgettable. How soon before we see a musical depicting us sneaking out in the middle of the night, after twenty years, from Afghanistan. George Bush said "Mission Accomplished." Joe Biden said "The mission has not failed--yet." Both presidents share something in common when it comes to the Middle East ---delusion. But don't you need a little delusion for a successful stage show. I see it now: " Miss Afghanistan, featuring all the sites and sounds of a twenty year war and the singing and dancing to back it up. Get your tickets. Guaranteed to be a SMASH!"
Why the Price of Oil Shouldn't Shock You
The meeting between OPEC and its allies collapsed and the price of crude took off. Surprise, surprise Wall Street said. Of course it's much too complicated for us to understand but we'll try to make some sense of it all.
Capitalism or Who Sells What to Whom
Capitalism is very good following changes in incomes. When the distribution of income is altered, who sells what to whom quickly adjusts. For the past several decades and into the foreseeable future the big winners have and will continue to be the elderly and not the kids, which is why Socialism has such a big appeal to them.
DEFUNDED POLICE FORCE ON A 4th of JULY WEEKEND LOL
Just a sample of police force defunding as urged by AOC and the squad. But of course not their police. Oakland cut $17 million, NYC cut several hundred million and Minneapolis says cut everything. The thieves and murders are smiling all the way into the 4th of July weekend. Welcome to the "Community Public Safety System."
"YOU CAN TRUST ME," they say, "BUT WHAT'S IN IT FOR ME?"
Our show today deals with "the more things change the more they stay the same," so FOLLOW THE MONEY. The Exxon Mobil board realignment, Black Lives Matter and Congressional DO-GOODERS all have something in common. The question asked by their leadership is, "WHAT'S IN IT FOR ME?"
THE RISE AND FALL OF SOCIALISM, YET AGAIN
"Please don't cut off my $300 a week EXTRA unemployment. How will I survive?" And so it goes as the FEEL, SMELL and TASTE of "FREE" money once again raises its ugly SOCIALISTIC head. This time it won't take decades to come crashing down but only a few years and maybe just a few months.
DOOMED OIL ACTIVISTS SHOULD LEARN HISTORY!!!
George Santayana said, "Those that don't learn from History are doomed to repeat it." Oil activists should take note that state owned oil companies are ready, willing and able to fill any oil void the activists can create. Much like our shale oil folks did when OPEC cut production. Inflation and limited supply make oil stocks a buying opportunity.
NOTICE TO ILLEGAL ALIENS: OUR BORDERS ARE OPEN AND SO ARE OUR STORES. WHAT ARE YOU WAITING FOR?
In today's show I satirically suggest how aliens can both enter the U.S. and satisfy all their needs by taking advantage of California's Proposition 47. I hope that Jane Austin, Jonathan Swift and Mark Twain would be PROUD!!
"THE LOGIC OF THE FEDERAL RESERVE IS HIGHLY ILLOGICAL," MR. SPOCK
In LOGIC an ARGUMENT is composed of evidence and a conclusion, not a statement that says, "because I said so." Today we make the ARGUMENT why the FED is wrong when they say inflation is transitory, fleeting and not permanent. I invite anyone, FED officials included, to refute my statement that the FED'S position isn't, quoting Mr. Spock, "Highly illogical."
JOBS SUCK! HERE'S WHY
The ADP's HUGE jobs report implied Fed changing course and an economy roaring back to life. Inflation up, interest rates up, stocks up, spending up, dollar up BUT gold down and God's in his heaven, all's right with the world.
P.T. Barnum's FREE Bag of Popcorn
P.T.Barnum once said "There's a sucker born every minute." AMC Holdings is once again playing to the REDDIT crowd with stock offerings, negative profitability, boiler room antics and FREE popcorn. If you want to jump on board be my guest but don't come complaining when AMC says "SORRY, NO REFILLS," with that FREE popcorn.
Figures Can Lie and Liars Can Figure: Biden's Budget
Let's wait till everyone's gone on Holiday and release, perhaps, the most important financial document of the Biden Presidency. Why, you ask? Because it's all predicated on BULLS__ __ __ and they want NO one around to catch the smell.
Home Builders and Home Buyers Head in Two Different Directions
It takes balance to keep a boat afloat. When too much weight goes to one side bad things can happen. So it is in housing as EVERYONE believes house prices will continue going to the moon. Everyone, that is, except the actual buyers. Meaning, the boat may have already flipped over and NO ONE realizes it.
Shortages, shortages and shortages, as far as the eye can see.
If the supply line will be back to normal soon then why are there shortages everywhere I look? AND.......HOW do I make money off of that?
Don't Worry It's Only Transitory
In 1930 Pres. Hoover called the great business minds to gather in Washington D.C. There job was to sort out and find a solution to the Great Depression that was DEAD AHEAD. Their answer was not to worry. It was only TRANSITORY. Almost a century later we are hearing the same words from the Fed and the White House. "Don't worry, INFLATION is only TRANSITORY."
No Credit, No Problem
Let's connect the dots. People are starting to be concerned about inflation but still want to spend that free money form Sleepy Joe. If it gets shut off "What to Do?" To the rescue rides the banks with Credit Cards for those with no credit. So just keep spending! Can you say HYPERINFLATION?Let's connect the dots. People are starting to be concerned about inflation but still want to spend that free money form Sleepy Joe. If it gets shut off "What to Do?" To the rescue rides the banks with Credit Cards for those with no credit. So just keep spending! Can you say HYPERINFLATION?
The More Things Change the More They Stay the Same
In 1929 and 1999 investors thought there was no end to the markets heights. Once again that same idea is coming under question as technology, SPAC's and EV's are rediscovering gravity. The collapse is spectacular.
Math Is Now Irrelevant?
From the Dept. of Education in California to the head of the Federal Reserve we are supposed to buy in to the assumption that advanced mathematics is a racial thing. In addition, we are also not to be able to understand what AVERAGE means. Protection and money can be had by disregarding both.
STUDENT LOANS, MADOFF and PONZI would have been so PROUD
The Ponzi scheme seems to keep raising its ugly head. First there was Charles, then Bernie and now the Education Department with student loans. When confronted, Sleepy Joe said "nothing to see here, move on. Oh, and taxpayers, don't worry, you'll only be on the hook for $1.6 Trillion."
The REAL Critical Race Theory
The Critical Race Theory (CRT) is nothing more than a deflection from its' true goals and objective. The inference that anyone who doesn't agree is a racist whereby putting that person on the defensive instead of allowing them to be questioning. The Theory should be retitled "Dorothy and the Wizard of Oz" as we are continually implored by CR Theorist's to ignore what's behind the curtain. But NOT TODAY!!!
Sleepy Joe's State of the Union
After 100 days the President finally addressed Congress. Sorta! BUUUUUUUT, while others were yawning, I learned how to profit from what will be history's greatest giveaway. And SO CAN YOU!
I find myself in total shock and have even looked in the mirror and asked "ARE YOU FREAKING SERIOUS?!" I find myself in total agreement with Congresswoman AOC. I am stunned.
It's all about the efforts to eliminate the cap on SALT. You see the "little people" who are living "hand to mouth" on $300,000 a year desperately need help or so the politicians say.
AOC disagrees and so do I. AYFS?!
THE Trial / Facts, Common Sense and Logic
If you can get by the EMOTION, and of course charges of RACISM, there are certain WORDS that need to be dealt with when it comes to the George Floyd Trial. Those words are SEQUESTERED, CONFRONTATIONAL, JURY INTIMIDATION, HARASSMENT and MISTRIAL
Gamestop Part 2, deja vu
Jesse Livermore said it best, "Patterns repeat because human nature hasn't changed in a thousand years." Keith Gill of Roaring Kitty is about to prove that, come Monday, April 19th.
IF YOU CAN'T FIGHT THEM, JOIN THEM OR BETTER YET TAKE THEM OVER
The War on Cash continues and the destiny of BITCOINS is foretold as Central Bankers continue their development of CBDC's.
UNDERSTANDING, LOGIC and COMMON SENSE
On today's inaugural show I not only want to introduce myself but also focus on the goal of bringing UNDERSTANDING, LOGIC and COMMON SENSE to the world of podcasts.
We will dig in by exposing the almost BIZARRE world of Modern Monetary Theory.
Coming Soon! Are You FREAKING Serious?
After thirty five years in television, radio and the internet I have decided to take my show in a different direction.
With the events of the past decade, and most notably of the past year, I want to focus more on the WHATS, the WHYS and the WHEREFORES.
Previously I would touch on the actions of Central Banks and how those actions would affect markets. I would tread lightly as making an enemy of a powerful entity could bring interesting repercussions. I would also speak about elected leaders with a certain respect that their office was due.
But, enough is enough.
The entire foundation which this country has been founded upon is very quickly being eroded. Basic laws of economics are being discarded for the benefit of a select few. Protests, elections and even our financial system are being hijacked by individuals that have an agenda that threatens all of us. Censorship is back in vogue. Our RIGHTS are quickly being stripped away.
Through my new show I will use economics, history, finance, government, literature, and anything else I can think of to shine the spotlight on just who the culprits really are and what is really happening. This show will transcend political parties, right and left, liberal and conservative, to focus on RIGHT and WRONG.
I have had it and will take the offensive. Thomas Jefferson once said that “the tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.”
My blood will be the WORDS that I utter on this new show.
Please join me on this podcast. Your only cost is that you help spread the word about our new show, a small price to pay.