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May 12,2022
Coinbase Says Users’ Crypto Assets Lack Bankruptcy Protections - WSJ
“Because custodially held crypto assets may be considered to be the property of a bankruptcy estate, in the event of a bankruptcy, the crypto assets we hold in custody on behalf of our customers could be subject to bankruptcy proceedings, and such customers could be treated as our general unsecured creditors,” the company said.
Oops.
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May 12,2022
Abortion Puts the Supreme Court Behind an 8-Foot Fence - WSJ Opinion
The Supreme Court of the United States—from its first meeting in February 1790 through the Civil War, two world wars and the battle for civil rights—has never been protected by an 8-foot wire fence. It is now. On Monday the Senate voted unanimously to extend police protection to the justices’ immediate family. What has happened to us?
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May 11,2022
Inflation Stays in the Heights - WSJ Opinion
All of this exposes the fantasy that the Biden-Pelosi-Schumer policy mix of blowout spending and easy money is good for working Americans. Modern monetary theory combined with new entitlements were supposed to produce record growth and security. Instead they have produced the highest inflation in 40 years and a falling standard of living. We should add that Donald Trump’s excessive spending at the end of 2020 also didn’t help.
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May 11,2022
U.S. Inflation Eased in April to 8.3% Annual Rate - WSJ
U.S. consumer inflation eased in April to an 8.3% annual rate, taking a slight edge off the steepest run of price increases in four decades as energy prices moderated.
A 2% decrease after a 400% increase?!
We did it!
🎉🎉🎉
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May 10,2022
This is the one year tracking chart on oil futures.
The recent volatility is clear, but so is the trajectory. This has been building for months.
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May 10,2022
Gas Prices Surge to Another High - WSJ
These records don’t account for inflation, however. Inflation-adjusted gas prices are similar to what U.S. drivers saw in the early 1980s, below highs of the 2008 recession.
Wonderful! Now I feel much better.
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May 10,2022
Biden Stresses Contrast With GOP Economic Agenda as Midterm Challenges Grow - WSJ
President Biden argued Tuesday that congressional Republicans would worsen inflation and raise taxes on American families
The Ron Burgundy of presidents, Joe Biden will say whatever is on the teleprompter, no matter how asinine.
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May 9,2022
“Sure would hate to have charge one of you nice people with domestic terrorism,” said Agent Raymond Epley to a group of women lighting baby dolls on fire. “By all means, threaten the justice and his family! But if you set one foot on the school board treasurer’s lawn, it’s a one-way trip to Gitmo.”
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Catholic Husband
May 9,2022Turn On Your Brain - Catholic Husband
A sad consequence of this indulgence of rage is that it rewards the party that can convince the highest number of people to turn off their brains. Alexander de Tocqueville marveled at the educated electorate that he met in America, and how everyone engaged in the democratic process. He’d be shocked to see that it only took 200 years to convert that America into a mob.
➕
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May 8,2022
The Biden Loyalty Machine - WSJ Opinion
In June 2021, Joint Chiefs of Staff Chairman Gen. Mark Milley told Congress, “I want to understand white rage.” Then in a January letter to Sen. James Inhofe, Gen. Milley said U.S. service members had spent almost six million man-hours since Mr. Biden took office on “extremism stand-down” and “diversity, equity and inclusion” training, including critical race theory. Two words: Afghanistan exit. And please focus more on future Russian and Chinese rage.