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    • Five Hundred Million Dollar Negative Yield Bond Issued
      No, central banks aren’t screwing the economy up with their purchases: Veolia (Paris:VIE) has issued a 500 million 3-year EUR bond (maturity November 2020) with a negative yield of -0.026 %, which is a first for a BBB issuer. To be clear, central banks didn’t buy those bond, investors did. But central bank purchases of […]
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Scorecard Recap and Tracking 

I thought I’d remind everyone of what the score card is for our current congressional session, executive and judicial branches.

Branch                 R.                 D.            I

President             1

Vice President.   1

House reps.          241.                193.       1

Senate                     52.                  46.       2

USSC                        4(1).                  4

Hard to edit from an iPhone.

So, there you have it. The entire Federal government is owned by the Republicans. They control the horizontal and the vertical and they show no respect for norms.

Not only that but let’s say you voted for Trump but he’s making you uneasy and maybe could be impeached down the road. (Not before congressional Republicans are done using him to finally destroy the safety net but let’s save that for another time) If Trump is impeached, Mike Pence takes his place. Not much of an improvement except he’s less likely to nuke us all. But let’s say that Pence is too religiously extreme for you and you want him out. No problem. Paul Ryan, the granny starver, will fill his shoes.

In other words, it’s Republicans as far as the eye can see. They can ram any damn thing they want thru Congress and the Democrats can’t do much about it. If you hear otherwise, someone is not being honest.

The data geeks at 538 are keeping track of what the Republican juggernaut is doing. Let’s follow along, shall we? And let’s be clear here. The only reason they are in charge is because they were able to control the district voting populations because they had the majority after the 2010 election year. They are a minority party throwing their weight around like they have a mandate. They don’t.

The soonest we can vote them out is 11/2018.

Why, yes, they CAN do a lot of damage by then. Thanks for asking.

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To Brook


Happy Birthday

Love, M