18 responses to “Only Tuesday. Not making much progress towards the weekend.”
Elonitis Kekius Musk
I must recommend this Richard Werner interview that is very long with Tucker but was fantastic. He talks about he got a visit from the CIA after his best selling book in japan, how he disproved the “fractional reserve banking theory” of banking, how Greenspan took the job at the Fed on the condition that he not talk about credit creation, etc. His book goes over how the USA deliberately blew up the Japanese economy in late 80’s so that foreigners could come in and buy things cheaply, etc
I couldn’t sleep last night worried about bears breaking into my booze stash. Fearful of 50% tariffs on vodka, scotch, and gin I had stocked up big time
Shouldn’t have watched the Discovery special last night about how bears all over the country are breaking into people’s booze reserves. One bear opened the fridge, ignored juices and milk and food and just drank all the hard cans.
On the bright side, my wife now cannot (should not) object to the purchase of another rifle to defend our assets.
Ouch, this one hurts. After hundreds of scandals and documented abuses, NED comes out the other side completely unscathed in its budget. GOP fully funded the loaded political shotgun pointed straight at Trump's agenda and supporters. https://t.co/IO7ncw7geS
BALMEDIE, Scotland (AP) — U.S. President Donald Trump opened a new golf course bearing his name in Scotland on Tuesday, capping a five-day foreign trip designed to promote his family’s luxury properties and play golf.
“Let’s go. 1-2-3,” Trump said before he used a golden pair of scissors to cut a red ribbon and fireworks popped to mark the ceremonial opening of the new Trump course in the village of Balmedie on Scotland’s northern coast.
“This has been an unbelievable development,” Trump said beforehand. He thanked his son Eric for his work on the project, saying it was “truly a labor of love for him.” Son Don Jr. also was present.
Eric Trump said the course was a “passion project” for his father.”
Well most economist think of Central banks setting interest rates in response to inflation and economic growth.
Werner flips this on it’s head though.
In his view…
Central banks observe GDP growth (which was created as a measure of a country’s ability to pay its debt like a credit score of sorts) and then it set interest rates as high as the economy can tolerate with the goal of extracting maximum income (seigniorage) without causing collapse.
Hence rates are essentially a central bank tool for harvesting economic output not stabilizing it.
Maybe we need to discuss unexplained phenomena in the skies (including the Betz Sphere, the Buga Sphere, etc.
Or WHY the earth is tilting more on its axis since July 4, 2025 and what impact this will have on anything.
Or whether or not Trump will complete his second term as president and whether it will be mental, or physical issues that derail him.
Or whether or not all persons in the South–including all free Blacks who were not slaves–should have been executed right after the Civil War.
Or whether or not when two posters have differing views on tariffs they should just say to one another, “well, obviously your position on tariffs is much different than mine, but there is no reason to argue about it since neither of us is going to change his viewpoint” and then move on.
Or how congresswoman OAC came to Congress in debt and now is very rich.
Or whether or not we need more bread and circuses provided by the government.
Or how many years, decades, centuries TDS will last among that 25% of the U.S. populace that is afflicted by it.
Or what were the three biggest mistakes the U.S. made in the 20th century. (or since the founding of the nation).
Or whether or not when two posters have differing views on tariffs they should just say to one another, “well, obviously your position on tariffs is much different than mine, but there is no reason to argue about it since neither of us is going to change his viewpoint” and then move on.”
Or what were the three biggest mistakes the U.S. made in the 20th century. (or since the founding of the nation).”
Allowing the Soviet Union to control the Iron Curtain countries at the end of WWII, providing the USSR with valuable resources and the geographic wherewithal to threaten the West, resulting in the subjugation of hundreds millions of people in eastern Europe under communism and the resulting Cold War which cost trillions to fight.
Not fighting to win in Vietnam. The “containment strategy” was an utter failure, the US needed to fight to win and that involved involved invading North Vietnam and taking out the government in Hanoi.
Not revising the Constitution so I could be President.
18 responses to “Only Tuesday. Not making much progress towards the weekend.”
I must recommend this Richard Werner interview that is very long with Tucker but was fantastic. He talks about he got a visit from the CIA after his best selling book in japan, how he disproved the “fractional reserve banking theory” of banking, how Greenspan took the job at the Fed on the condition that he not talk about credit creation, etc. His book goes over how the USA deliberately blew up the Japanese economy in late 80’s so that foreigners could come in and buy things cheaply, etc
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When Bunu recommends something I waste no time reading it.
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A Tucker Carlson interview? No thanks.
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I couldn’t sleep last night worried about bears breaking into my booze stash. Fearful of 50% tariffs on vodka, scotch, and gin I had stocked up big time
Shouldn’t have watched the Discovery special last night about how bears all over the country are breaking into people’s booze reserves. One bear opened the fridge, ignored juices and milk and food and just drank all the hard cans.
On the bright side, my wife now cannot (should not) object to the purchase of another rifle to defend our assets.
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Huh, all the hard iced tea cans.
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Disproved the “fractional reserve banking theory”
Zzzzzzz…
It’s not a really a theory, it’s a system, used by every country in the world.
Banks are only required to maintain a fraction of their deposits as “reserve” and the rest is loaned out and thus creating “new money”.
This of course makes sense, if banks had to hold all deposits in reserve they wouldn’t have funds to loan out and in effect could not operate.
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Hopefully, there’s more to this –
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Nice…
BALMEDIE, Scotland (AP) — U.S. President Donald Trump opened a new golf course bearing his name in Scotland on Tuesday, capping a five-day foreign trip designed to promote his family’s luxury properties and play golf.
“Let’s go. 1-2-3,” Trump said before he used a golden pair of scissors to cut a red ribbon and fireworks popped to mark the ceremonial opening of the new Trump course in the village of Balmedie on Scotland’s northern coast.
“This has been an unbelievable development,” Trump said beforehand. He thanked his son Eric for his work on the project, saying it was “truly a labor of love for him.” Son Don Jr. also was present.
Eric Trump said the course was a “passion project” for his father.”
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“Capping a five-day foreign trip designed to promote his family’s luxury properties and play golf“
I guess the EU deal and all the other meetings didn’t really happen.
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CNN: NYC shooter is “possibly white.”
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Anything is possible…
https://x.com/nypost/status/1949993546099966395
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Carville: Dems need to unite before 2026
Carville: David Hogg is a “contemptible little twerp”
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I checked out the NED website.
I don’t see the “anti-Trump” bias and it seems they are critical of China and Cuba’s censorship. The also claim to follow Ronald Reagan’s ‘legacy”.
Judge for yourselves.
https://www.ned.org/
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Well most economist think of Central banks setting interest rates in response to inflation and economic growth.
Werner flips this on it’s head though.
In his view…
Central banks observe GDP growth (which was created as a measure of a country’s ability to pay its debt like a credit score of sorts) and then it set interest rates as high as the economy can tolerate with the goal of extracting maximum income (seigniorage) without causing collapse.
Hence rates are essentially a central bank tool for harvesting economic output not stabilizing it.
LikeLike
This week is progressing very slowly.
Maybe we need to discuss unexplained phenomena in the skies (including the Betz Sphere, the Buga Sphere, etc.
Or WHY the earth is tilting more on its axis since July 4, 2025 and what impact this will have on anything.
Or whether or not Trump will complete his second term as president and whether it will be mental, or physical issues that derail him.
Or whether or not all persons in the South–including all free Blacks who were not slaves–should have been executed right after the Civil War.
Or whether or not when two posters have differing views on tariffs they should just say to one another, “well, obviously your position on tariffs is much different than mine, but there is no reason to argue about it since neither of us is going to change his viewpoint” and then move on.
Or how congresswoman OAC came to Congress in debt and now is very rich.
Or whether or not we need more bread and circuses provided by the government.
Or how many years, decades, centuries TDS will last among that 25% of the U.S. populace that is afflicted by it.
Or what were the three biggest mistakes the U.S. made in the 20th century. (or since the founding of the nation).
LikeLike
Or whether or not when two posters have differing views on tariffs they should just say to one another, “well, obviously your position on tariffs is much different than mine, but there is no reason to argue about it since neither of us is going to change his viewpoint” and then move on.”
Zzzzz…
HHR is famous for arguments that never end.
Let’s keep it that way.
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Or what were the three biggest mistakes the U.S. made in the 20th century. (or since the founding of the nation).”
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New Thread
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