patrick.net

Misc says

The regulators say everything is fine and dandy, but the market participants know otherwise.

The slow moving train wreck is incredibly slow. We have at least a few years left.

Misc says

Prior to September 17, 2019 banks used to loan each other money for short periods of time. Since that date, banks no longer loan to each other. If banks need short term funds, they get the loan directly from the Fed's discount window. The banks know that on any given day the system could collapse and their counter party could simply stiff them.

The regulators say everything is fine and dandy, but the market participants know otherwise.

^^^^^THIS!

In late 2019, the overnight repo rate went from around 0.02% to over 10%. The FED was injecting 50-80 billion dollars a month just to keep the system from completely breaking down. I guess they went to Plan B, and launched the scamdemic, where they could inject trillions into the system under the guise of an "unprecedented global health emergency."

Patrick says

Took me a while to get this. Now I see it as as the sexually deviant new left killing and eating the guts of the old left, the left that used to be exclusively about workers' pay and conditions.

My simplistic take on it is The Left (under ‘Dollar’ Bill Clinton) had to find new funding after union money dried up. They got busy and achieved parity with the Republicans in Corporate PAC funding in around 2009(?). They also had to find a new raison d'être to sell to the muppets, so when they couldn’t embrace the working man anymore it became sexual deviants and any-and-all ethnic minorities. The muppets made the transition without missing a step and now feel great about sharing a bathroom with bearded, leering, ‘women’ and are willing to eviscerate anybody that questions any of it.
Oh, and WAR now they love WAR, and if you don’t YOU LOVE TRUMP.
I could feel them, in real time, leaving me behind.

Robert Sproul says

I could feel them, in real time, leaving me behind.

And if you hang with them, better guard your behind.

Patrick says

Sharpened with gimp:

You mean schools should actually teach stuff????

I thought just being sponsored by a leftie was good enough.

Math is racist anyways.

https://www.msn.com/en-us/sports/nba/report-lebron-s-i-promise-school-is-an-utter-disaster-with-some-students-not-passing-a-test-in-years/ar-AA1ezmDv?ocid=hpmsn&cvid=a1793b9099cb40818e66e74d05157736&ei=42

Protect the children????

Whoops....it is the right that wants to diminish child labor laws,

... and we make bad remarks about children working in China's factories.

https://www.msn.com/en-us/news/us/i-can-t-believe-we-re-having-this-conversation-the-states-pushing-for-14-year-olds-to-serve-alcohol/ar-AA1eAcoQ?ocid=hpmsn&cvid=73b3ca775e0c45d6a26541a0def65ab7&ei=44

Well if a kid can work in a restaurant that serves Beer, they can buss tables, and take half full glasses of beer back to the kitchen to either throw it out or dump it down their gullet. Then I don't get why they can't bring a tray of beer mixed in the tray of Cokes for the kiddos.

Who hasn't asked their kid to bring them another beer, at one time or another?

Either prohibit kids from working in an establishment that sells alcohol or let them serve it as well. Their exposure to alcohol goes beyond bringing it to the table. They can just as easily sneak behind the bar and stick their mouths under the Yuengling Tap and give it a ten second go.

Misc says

Whoops....it is the right that wants to diminish child labor laws,

... and we make bad remarks about children working in China's factories.

You seriously are comparing 14-year-olds who are working under the limits of child labor laws as equal to full-time child labor in China, just because a bar wants to add the ability to serve beer to the job description?

Generally, if a Black, gay man gets killed in a hate crime, it would be 24/7 coverage in multiple media channels.

Unless the perpetrator is in another protected class...like being Muslim. Then no reporting at all.

https://www.msn.com/en-us/news/opinion/media-ignores-muslim-killing-of-gay-man-because-it-doesn-t-fit-narrative/ar-AA1eL3M4?ocid=msedgdhp&pc=U531&cvid=6c5a8f0359184bed8fb30ded613fa877&ei=57

https://babylonbee.com/news/trump-charged-with-questioning-election-results-while-not-being-a-democrat

WASHINGTON, D.C. — Trump appeared in court yesterday after Special Council Jack Smith charged him with the high crime of questioning his election results while not being a Democrat.

"The sacred words penned in our Constitution, which I have so much reverence for, make it clear that only Democrats are allowed to question election results," said Smith to reporters. "Trump brazenly questioned an election even though his name isn't Hillary and he didn't even have a fake Russian dossier to prove his case. This is a dark and dangerous day for our democracy. Hehe, alliteration."

"We must be clear: no one who is a Republican is above the law."

The former President has also been charged with 5 other counts, including:

Removing a USB drive without ejecting it first
Going to McDonald's and getting a cup for water but filling it with Sprite
Wearing a National Park Junior Ranger badge without finishing the activity booklet
Pressing the 'credit' button on a card reader even though he was using a debit card
Clicking the box saying he had read the Terms Of Service when he really just scrolled through it
High treason against the media
At publishing time, Trump had pleaded "not guilty" on all charges on the grounds that he is actually a Democrat.

https://twitter.com/therealroseanne/status/1687822492793012225

https://twitter.com/vancemurphy/status/1687618437395427332

https://slaynews.com/news/alan-dershowitz-issues-warning-looks-like-banana-republic-land/

Harvard law professor Alan Dershowitz said Friday the prosecution of former President Donald Trump “looks like banana republic land” following a NYT report that claimed President Joe Biden pressed for Trump’s indictment.

Alan said: “President Biden urged his attorney general to indict the man who he knew was going to be the leading opponent if against him.

“That begins to look like banana republic land. That’s what happens when people in power are afraid of the democratic process.

“What they do is they seek the indictment and prosecution of the people who are running against them.

https://www.thegatewaypundit.com/2023/08/watch-24-straight-minutes-democrats-denying-election-results/

WATCH: 24 Straight Minutes of Democrats Denying Election Results – Will Joe Biden, Merrick Garland, and Jack Smith Hold These Democrats Accountable?