mikesliveisacheater

Pompeo has that former fat guy, misshaped head thing going on. It's not as bad as Al Sharpton but it still looks off putting.

Still not as impressive as the exploding pager operation. That one has to be the GOAT for sneaky Israeli operations.

On its face, a license is a low barrier to pass in order to confirm that a person understands the rules of the road and can read/understand road signs, are of an agreeable age to operate a vehicle, and haven't in the past recklessly operated a vehicle.

Without some form of registration and regulations, you'd have drunk 14 year olds driving on the wrong side of the road, smashing into things. So basically, Central America.

I would imagine this is the likeliest reason why we won't ever see anything meaningful on this.

If it was the CIA, then they wouldn't want to give up their own blackmail material when they can still hold it over peoples heads.

If it was Mossad, then they wouldn't want to create an even larger backlash against Israel than you are already seeing.

That looks like a copy and paste from some generic talking points that the DNC would send out to their member's press secretaries. It's too vague on details to even be AI. AI at least tries to point to specific things.

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Those include the House GOP overturning Biden-era electric vehicle tax credits

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This needs to happen. The government has been subsidizing EV's for long enough, that they should have been able to break through the initial growing pains and cost of launching a new technology. At this point, if the product is not good enough to buy without the tax breaks, then it's not a good enough product. Let the market decide and not the Federal government.

You would think that anyone with access to it would need their own pin number to use it and it would log the date and time.

I know we can't use the postage machine at work without a pin, you'd think the autopen with the signature of the leader of the free world would have some kind of security feature.

They just keep adding letters on to that acronym. I have no idea what QIA is supposed to represent. The queer wing of the CIA?

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pristine acres of Mojave desert

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Interesting choice of words in that tweet. Pristine and desert aren't usual used in the same description for a piece of land.

I don't think people understand how rates are "lowered" and why lowering them is inflationary. Here is an oversimplification of the process.

The NY Fed buys Treasuries from banks for higher prices than what they are currently selling for in order to push the bond yields down (the more expensive a bond, the lower the yield/interest rate). When bond yields are lower, it pushes banks to seek higher yield by loaning out to people in search of higher yields. The lower the yield on bonds the more competitive the loan rates become.

The problem is that when the Fed purchases these bonds, they do it by "printing" more money (they actually hit a few keys in a computer and it moves the money into the selling banks Fed Reserve account). This adds more money into the financial system and is inflationary by nature.

The Fed holds these Treasuries and MBS on their balance sheet and let's them mature and roll off. These held securities are what people are referring to when saying the Fed's Balance sheet is at $7 Trillion.

If they want the raise rates, they sell them for less than the current market price to push the yields upwards. This in affect tightens the money supply because banks would rather take the now higher yield of risk free Treasuries than make risking loans.


If anyone wants to learn the in and outs of the Fed, I recommend the book "The Lord's of Easy Money". It explains the entire process and gives the history and politics behind it all in an entertaining and accessible way.