Spectacular Political Flip-Flop Faux-Pas Moments...Brought To You By U.S. Senate Democrats

This video speaks for itself...

Source: Washington Post

How does this instil public trust in President Joe Biden and the Democrat party?

* UPDATE June 26...

More flip-flopping brought to you by Biden, himself, in the form of a nasty bait-and-switch rug-pull against Republicans, who bargained in good faith on this bipartisan proposal on infrastructure...why would any self-respecting Republican vote in favour of this, or any other bill, when this is likely not the last incident we'll see of his unethical antics? 

This is a classic 'Lucy-and-football-yank' moment...how many times will Republicans fall for (and, even, support/enable) his untrustworthy political tricks?

President Biden is definitely not the Uniter-in-Chief he claimed he'd be on behalf of all Americans in his inauguration speech in January...quite the contrary. 

Americans are the losers under his erratic policy decisions, thus far.

Source: New York Post

Another example of unethical behaviour...an effort to strong-arm a social media company into suppressing (Conservative) speech before the election. While Facebook didn't suppress former President Trump's speech prior to the election, they, subsequently, banned him from their platform...however, they did suppress other Conservative accounts before and after...as did other social media platforms.

Is this legal? Also, is this an (ongoing) 'in-kind contribution' from Facebook, et al, to then-presidential candidate Joe Biden, firstly, and, subsequently, President Biden (from January 20 to present day)? And/or, are these social media companies acting as a media arm of the government (Democrats) and, therefore, possibly subject to free-speech suppression law suits?

Source: ZeroHedge

Biden's 'PPT' Activated?

Has President Biden's 'Plunge Protection Team' been summoned to the White House to activate measures to combat the threat of market weakness...which arose in equity markets modestly last week, as shown on the following weekly chart of the Dow 30?

In the grand scheme of things, this drop is a mere blip, as shown on the monthly chart below.

If true, it's too bad that Biden doesn't spend his time to micro-manage the southern border crisis that he created, instead...and allow the 'free' markets to carry on freely, without political interference.

PRICE ALERT: SPX:VIX Ratio

Further to my post of June 11, the SPX:VIX ratio has drop to just above the 200 level...a major resistance/support level, as shown on the daily ratio chart below.

This follows a recent new swing high in price to just above 250. Ratio price has failed, repeatedly, to remain above 250 over the years.

All three technical indicators, RSI, MACD and PMO, formed divergences on this latest price swing high, hinting at ensuing price weakness. After making a new all-time high of 4257.16 on June 15, the SPX dropped sharply and closed at 4166.45 on Friday.

Furthermore, the RSI has dropped below 50, and the MACD and PMO have formed bearish crossovers, all signalling further weakness ahead.

A drop and hold below 200 could send the SPX down to around 4100, or lower to 4000...particularly if the ratio drops and holds below its next support level of 150 (the 200 MA sits at 173.43, so failure of price to hold that level will see major selling follow in the SPX).

Major historical support on the ratio sits at 100, which, up until the year 2000, represented major resistance during the 1990s. A drop and hold below that level would likely result in panic selling in the SPX, as we saw during the 2008/09 financial crisis [refer to the longer-timeframe monthly chart of the SPX (with SPX:VIX ratio displayed in histogram format) shown in my above-mentioned post for context].

The Subversion of Women By Joe Biden's 'Woke' White House

I dedicate this post in memory of my dear Mom, who devoted her life to helping and advancing young women throughout her long and humble career.

The irony I laid out in my post of January 23 seems fitting, inasmuch as President Biden's White House has now replaced "mother" with "birthing person"...allegedly to be 'more inclusive' to people.

Source: Washington Examiner

"Truly, the greatest trick the patriarchy has ever pulled was convincing liberals that stripping women of the things that make them unique to appease trans men is somehow the progressive and 'inclusive' thing to do." -- Washington Examiner

This goes hand-in-glove with Biden's support of biological boys and men being allowed to compete in girls and women's' sports...and to enter and use girls and women's bathrooms and locker rooms. 

This is very insulting, disrespectful, demeaning, misogynistic, sexist, subverting, cruel, and dangerous to girls and women, in my opinion. Are they trying to wipe out women's existence altogether, with all of their 'woke gender-neutral' terminology and policies? 

However, 

• House Speaker Nancy Pelosi's Twitter profile still refers to her as a mother and grandmother, 
• Joe Biden's profile refers to him as a husband, father and grandfather, 
• Jill Biden's profile refers to her as a mother, grandmother and wife, and 
• Kamala Harris' profile refers to her as a wife, momala and auntie. 

So, what gives? Why the hypocrisy? 

In the name of equality, will "father" be replaced by "sperm vessel?" 😒

This idiocy should be called out for what it is...the perversion/bastardization of the English language. 

Women and girls are not robots! How dare they pull these subversive stunts!

By the way, at what point does this nonsense become a national security threat?

Source: WashingtonMO.com

But wait...there's more...thanks to various assertions made by Democrats over the years...

Somebody else has noticed that Democrats are trying to erase "women"...

So, why hasn't Merriam-Webster redefined "male?" 🤔 What a sexist slap in the face to women! And, why aren't so-called feminists speaking out against this crap?

It's clear that the Democrat party is a patriarchy, hell-bent on debasing women, based on the following stupid and cruel nonsense...😕

Source: ZeroHedge

Inflation...Transitory Or Permanent? HINT: Bubblegum

* See UPDATES below...

I don't wish to be rude or flippant, but it seems that the big takeaway from the question/study of economic inflation theory -- Is it 'transitory' or permanent? -- is that:

1. Economic theory is irrelevant.
2. There are factors affecting inflation.
3. But these factors are unpredictable.
4. So, inflation projection could go up or down on a variety of modelling scenarios.

My 2 cents' worth...The days of buying "Dubble Bubble" bubblegum with FREE Comics & Fortunes for 1 cent during the 1920's are long gone...Check out Walmart's price now...

So, I'd say that inflation will keep rising over the coming months and years. The U.S. National Debt is not going to shrink or disappear; rather, it's accelerating, thanks to out-of-control spending by Washington and the White House. Check out the cost of bubblegum this time next year, and see.

Bubblegum...a good inflation gauge, no? 😏

By the way, at what level does inflation become a national security threat?

P.S.

Source: ZeroHedge

* UPDATE June 16...

The Fed seems to be waking up to the notion that inflation may not, in fact, be 'transitory' as they've been vigorously proclaiming for the past several months...although, "two rate hikes by the end of 2023" may be too little, too late.

Source: ZeroHedge

* UPDATE June 25...

To bolster the idea that inflation may not be 'transitory,' there's this...

Source: ZeroHedge

* UPDATE July 13...

Yes, inflation is still here...and supersized...as per CPI data released today...

Source: ZeroHedge

Source: ZeroHedge

* UPDATE July 14...

More inflation-confirming numbers (PPI & Core PPI) released today...

Source: ZeroHedge

* UPDATE July 21...

N.B. Read more on inflation here and more on national security here.

SB's "Weekend Bits & Bites" 😏

Stay cool...😎

Isn't it about time that Joe switched from 'club-flavoured' ice cream...

Source: ZeroHedge

...to this?

If not in President Macron's 'G7 old-cronies club,' at least former President Trump was loyal to and achieved many victories for the American people during his four years in office. (Perhaps Macron was still smarting from the slap on the face he received the other day by a fellow countryman.😒)

The Trump administration accomplishments can be found, in their entirety, at this archived link...an impressive feat during only a four-year presidency.

* UPDATE June 16...

The Geneva, Switzerland U.S./Russia 'sunglasses' summit took place today between President Biden and President Putin...where it was merely a 'talk about more talks.'

So, what gifts did Putin get from Biden?...sunglasses, a pipeline to Europe, sanctions lifted, a return of Russian diplomats to the U.S., a list of 16 U.S. critical infrastructure entities that are 'off-limits' to cyberattack by Russia (does that mean that everything else not on the list is OK to be attacked?...bizarre!), and the opportunity to answer dozens of questions from reporters and spew his propoganda on international TV for 55 minutes at the conclusion of the summit without challenge by Biden, because he wasn't at that solo press conference! Why not, Joe?

What gifts did Biden get from Putin?...nothing...and the 'privilege' of being the 'second act' to Putin in his 20-minute scripted solo press conference that followed, taking pre-screened questions from only 5 reporters...and the humiliation of being the 'bridesmaid,' not the 'bride.'