THE EV BUBBLE CONTINUES TO DEFLATE: Audi Could Push Back All-Electric Ambitions.
Archive for 2024
August 5, 2024
YEAH, I THINK THE BIDENOMICS SUGAR HIGH IS OFFICIALLY OVER: Biden’s Treasury accused of trying to juice U.S. economy pre-election.
THEY’VE CERTAINLY BEEN ABUSING THEIR POWER: US Federal Judge Declares Google Search a Monopoly in Historic Court Ruling.
The below is only barely parody nowadays:
'Did You Mean: Donate to Kamala Harris?' Google Asks User Searching For Info On Trump https://t.co/ai00cfa5s3
— The Babylon Bee (@TheBabylonBee) August 4, 2024
If it even is.
LIMITED TIME DEAL: Apple 2024 MacBook Air 13-inch Laptop with M3 chip. #CommissionEarned
HAS IT ONLY BEEN A WEEK?
Biden last week: “I cured the economy.” pic.twitter.com/dFyyccfGug
— TheBlaze (@theblaze) August 5, 2024
To be fair, he might believe it. There’s no telling what the White House cabal tells him or how deep the bubble is they keep him in.
GREAT MOMENTS IN “CALIBRATING HER POLICY PITCHES:” Kamala and Fracking — Can She Successfully Pull Off The “Trust Me, I’m Lying” Gambit?
Unfortunately, Pennsylvania is a must-win state for Kamala, and it has an oil boom going on. Promising to kill off all those high-paying, blue collar, oilfield jobs is a winning message in San Franciso and Boston, but it doesn’t play so well in western Pennsylvania. So Kamala is trying the always difficult “Trust me, I’m lying” approach, hoping she can fool the blue-collar voters in Pennsylvania, while also hoping her radical left-wing base knows she is just lying to get elected, and that they’ll still vote for her despite Kamala now being on the record as pro-fracking.
“Harris courts swing voters with fracking reversal” [The Hill – 8/01/2024]
Vice President Harris has reversed her position on fracking, signaling a move to the center on the issue. The rightward shift comes as she tries to court swing voters in states like Pennsylvania.
As with all of her flip-flops, the media will be eager to let proceed forward, unburdened by what has been.
COLLEGIALITY AND THE SUPREME COURT: “Of late, Justice Kagan has been pushing the latter conception of collegiality–that it entails having an open mind, and a willingness to be persuaded. I have to imagine this push is part of her effort to corral Justice Barrett’s votes at every opportunity. If there is any common thread with Joan Biskupic’s reporting, is that Justice Kagan flipped Justice Barrett in several cases. I’ve yet to see any indication that a conservative Justice has flipped a liberal member of the court to reach a conservative outcome. Flipping is not ambidextrous–it only works on the left.”
IT CERTAINLY LOOKS LIKE IT: Did NASA Just Admit That Boeing’s Starliner Is Doomed?
FASTER, PLEASE: Economic Resurgence Through Energy Dominance.
THE JEWS DID THIS, APPARENTLY: Venezuelan Dictator’s Shoot-To-Kill Order Will Push More Migrants to America — in Full Election Season. “Maduro blames ‘international Zionism’ for the troubles besetting Venezuela.”
THE COUNTRY’S IN THE VERY BEST OF HANDS: Report: Former Secret Service Chief Kimberly Cheatle Wanted To Destroy Cocaine Evidence.
Former Secret Service Director Kimberly Cheatle and others in top agency leadership positions wanted to destroy the cocaine discovered in the White House last summer, but the Secret Service Forensics Services Division and the Uniformed Division stood firm and rejected the push to dispose of the evidence, according to three sources in the Secret Service community.
Multiple heated confrontations and disagreements over how best to handle the cocaine ensued after a Secret Services Uniformed Division officer found the bag on July 2, 2023, a quiet Sunday while President Biden and his family were at Camp David in Maryland, the sources said.
At least one Uniformed Division officer was initially assigned to investigate the cocaine incident. But after he told his supervisors, including Cheatle and Acting Secret Service Director Ron Rowe, who was deputy director at the time, that he wanted to follow a certain crime-scene investigative protocol, he was taken off the case, according to a source within the Secret Service community familiar with the circumstances of his removal.
Secret Service spokesman Anthony Guglielmi did not immediately return RCP’s request for comment.
The discovery of the bag of cocaine posed an unusual problem for Cheatle, who resigned in the face of bipartisan pressure after the July 13 assassination attempt against Donald Trump.
Earlier: Secret Service Director Kim Cheatle landed job after push by Jill Biden’s office, sources say.
THE AI KEEPS GETTING BETTER: FLUX: This new AI image generator is eerily good at creating human hands.
STOP THE STEAL! Evidence Shows Maduro Lost the Election (But It May Not Matter). “TThis was a blowout; however, Maduro remains in control of the domestic media, the Supreme Court and the military which means he can lie and bully people into compliance. And that’s what he has been doing. Anyone refusing to go along with this stolen election is labeled a ‘fascist’ and hundreds of people have been arrested for protesting the results.”
The path out of socialism here doesn’t lead through the ballot box. And where would Maduro get the idea that it’s okay to call his opponents fascists and arrest people protesting the election results?
MEANWHILE, OVER AT VODKAPUNDIT: Listen Up, I Think I Know How to Get Kamala Harris to Agree to a Debate…
NICK SEARCY: ATCM: ‘How the Media Missed What I Saw on January 6.’
This is an excerpt from Michael Walsh’s book, Against the Corporate Media, which is coming out shortly. You can preorder it now; it helps if you do. I have a chapter in there too.
THE NEW SPACE RACE: SpaceX Superdragon and Starship Improvements.
Yes, and they have top men monitoring the situation right now. Top. Men.
The acting president will no doubt be addressing the situation soon and explaining her investing acumen for these perilous times:
And if not her, certainly the former Speaker of the House will:
BIDENOMICS IS WORKING!
Ship it tonight https://t.co/WVxulAYIzc
— Scott Jennings (@ScottJenningsKY) August 5, 2024
UPDATE:
Historic: Kamala Harris Becomes First Black Woman To Destroy World Economy https://t.co/eVihd0cKXr pic.twitter.com/HCLYG4Fzfc
— The Babylon Bee (@TheBabylonBee) August 5, 2024
THE DAY ISN’T OVER YET: NASDAQ Has Worst Day Ever Over Recession Fears.
STEVE HAYWARD: Did Buffett See This Coming?
Finally! A stock market I like! I almost salivate when the stock market crashes as hard as it is right now, because it means good companies are suddenly selling for 10 percent off.
It’s almost always the case that an inverted yield curve eventually leads to a recession, and with our Fed-induced yield curve inverted for more than 500 days now we shouldn’t be surprised to see the economy slowing. There have been signs of slowing in the data in recent weeks in manufacturing and consumer demand, and keep in mind that the job market is always a lagging indicator, so last week’s weaker-than-expected jobs number may be the signal that we’re going into recession for real.
Over the weekend I noticed one particular story that suggested the party might be over: Warren Buffett has been selling some large amounts of his leading holdings (especially Apple and Bank of America), building up a huge cash hoard ($277 billion) and, most significant of all, bringing Berkshire-Hathaway stock buybacks to a screeching halt in the last quarter.
In the long run, historically, this has always been true:
In the short term, however:
And a reminder that there are no atheists during market panics:
