Are You FREAKING Serious? It's ALWAYS About Money

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! 

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?! 

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?

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.

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.

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."

From Madoff to Bankman-Fried  and Housing to Cryptos, the bubbles are bursting right in front of our eyes. 

So we can't say Merry Christmas any more it must be Happy Holidays and all that that means.

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.

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. 

When people are floundering around looking for the answers I am so thankful that at least one person can see clearly........... ME!!!!!!!

From inflation to bugs and cattle to CO2. The World Economic Forum's game plan is climate change forevermore.

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. 

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.   

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.

Math and Reading scores are in the can. Students can't read, write or do arithmetic but boy are they one with their phone.

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. 

Food inflation is the highest in 40 years. But Pepsico is riding high and Charlie Evans Chicago Fed President says "Oh well."

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.

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.

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? 

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."

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 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.  

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?

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.

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?

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 Consumer, 70% of GDP, is broke and the INSIDERS are selling. Could it all portend danger ahead for the markets? Hmmmmmm!

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?

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. 

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.

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.

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.

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. 

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. 

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."

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.

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.

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.

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. 

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.

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.

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!

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.

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?!" 

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 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.

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 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.

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!!!

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.

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.

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.

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? 

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.

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!

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?

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.

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.

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??????????????? 

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.

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.

A look back at 2021 and my picks for both the highlights and lowlights.

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!

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?

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 will be remembered for many things, not the least of which is the year that the criminal justice system collapsed.

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.

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.

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. 

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?

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.

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.

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. 

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.  

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.

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.

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. 

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 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.

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.

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.

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.

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.

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. 

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.

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! 

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. 

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.

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.

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.  

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!!!!!

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.

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?

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.

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.

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.

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.

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. 

"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?

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.

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!"  

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 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. 

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."  

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?"

"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. 

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.  

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!!

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."   

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 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.  

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.  

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. 

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? 

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." 

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?

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.

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.

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 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!!! 

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?! 

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

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.

The War on Cash continues and the destiny of BITCOINS is foretold as Central Bankers continue their development of CBDC's.

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.

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.