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Month: August 2024
Speed Bump #5,406
Once more into the breech, dear friends:
Robert Kiyosaki, the author of Rich Dad Poor Dad, is known for making hyperbolic predictions about the US economy – and this time he has a grim prognosis for the most populous state in the nation.
‘The problem is California is going broke,’ he wrote on X. ‘California will begin raising taxes and cutting subsidies to the poor, to prisons, environmental problems, and teachers unions. That means crime will spread as police will be cut.’
He believes even Americans who don’t live in the Golden State should care about its prospects because it’s a bell weather for the rest of the country.
‘Since California is a Bell Weather state and is going broke, which states will follow?’ he asked.
I think he means “bellwether” and not “bell weather”, which is meaningless.
The article was otherwise quite informative, hence why the above atrocity was such a speed bump — I stopped reading it to write this post as I usually do in these circumstances.
Poxy illiterates.
Quiet Skies
Apparently, Tulsi Gabbard is on the dreaded “SSSS” list:
This story began two weeks ago, when the former Hawaii congresswoman returned home after a short trip abroad. In airport after airport, she and her husband Abraham Williams encountered obstacles. First on a flight from Rome to Dallas, then a connecting flight to Austin, and later on different flights for both to cities like Nashville, Orlando, and Atlanta, their boarding passes were marked with the “SSSS” designation, which stands for “Secondary Security Screening Selection.” The “Quad-S” marker is often a sign the traveler has been put on a threat list, and Gabbard and Williams were forced into extensive “random” searches lasting as long as 45 minutes.
“It happened every time I boarded,” says Gabbard. The Iraq war veteran and current Army reservist tends to pack light, but no matter.
“I’ve got a couple of blazers in there, and they’re squeezing every inch of the entire collar, every inch of the sleeves, every inch of the edging of the blazers,” she says. “They’re squeezing or padding down underwear, bras, workout clothes, every inch of every piece of clothing.” Agents unzipped the lining inside the roller board of her suitcase, patting down every inch inside the liner. Gabbard was asked to take every piece of electronics out and turn each on, including her military phone and computer.
I suspect she’s on the SSSS list because of stuff like this:
Not having flown on any airline for many a year, I wouldn’t know if I was (still) on the SSSS list (story here and here) and it doesn’t look like I’ll be doing so anytime soon either. But should I take to the Friendly Quiet Skies again, it will be interesting to see if my inclusion has lapsed, so to speak.
I think I’ll pack the 1911 in my checked luggage, just for giggles.
And I wasn’t aware of this little thing.
Quote Of The Day
From Don Surber:
“I am not saying lefties are all Nazis, of course. I am only saying Democrats should end the charade and call themselves the National Socialist Party.”
Totty Update
We’ve given Brit TV totty-MILF Laura Hamilton a couple of looks before now (e.g. here), but it’s been a while, so why not an update?
At 42, that’s definitely in the MILF category.
Unsurprising
Our economy is sick. I’d spend a lot more time doing an in-depth analysis, but I don’t think it’s necessary because the signs are all there for anyone to see: high inflation, high unemployment — both shielded behind the usual lies and statistical sleight-of-hand tricks — and let’s be honest, the flood of illegal immigrants is not helping matters. The housing market is circling the bowl. Add massive overspending being subsidized by money-printing by the federal government, and it doesn’t take an idiot to see that there’s a reckoning a-coming.
Small wonder, then, that the money boys have taken notice:
Wall Street nosedived on Monday, as fears of the United States tipping into recession following weak economic data last week rippled through global markets.
The bloodbath began in Japan as the blue-chip Nikkei index saw its biggest one-day rout, plunging 12.4%, since the infamous Black Monday meltdown in 1987.
It soon cascaded to the US on the heels of Friday’s troubling jobs report and growing concern that the Federal Reserve was moving too slow in cutting decades-high interest rates.
The Dow Jones Industrial Index plunged more than 1,033 points, capping a drop of nearly 10% since hitting a near-record 41,183 last Wednesday afternoon when Fed Chair Jerome Powell hinted that rate cuts were “on the table” for September.
The tech-heavy Nasdaq slid 3.4% as Apple, Nvidia and the other so-called Magnificent Seven companies that used to be the stars of the stock market continued to wilt.
I don’t have to say that electing a socialist president and vice-president in November will not help anything — in fact, that could be the tipping point into a black swan scenario.
Frankly, I’m not even sure that President Trump Part II will help matters, although it could make the stock market rebound a bit. Our economic problems, however, go far deeper than the stock market, which is driven by institutional investment and the wealthy anyway. They would be largely inured from economic collapse; but the rest of us? Draw your won conclusions.
I’m assuming that all my Readers have emergency supplies and -contingency plans laid in, because the next few months are not going to be pretty.