jenpsaki

3.14159265359

Posted on by thependulumswings staff

Happy Pi day.

Happy birthday to Albert Einstein born on this day in 1879.

We’re serving up ten eleven skinnylichious nuggets that in theory would make Einstein proud.  It’s all relative.

  1.  Warren Buffett has famously said, “you have to wait until the tide goes out to see who is swimming naked.”
  2.  Well it looks like a couple of regional banks (no longer) were skinny dipping and we’re guessing a handful more are desperately looking for their trunks today.
  3. Not to worry, the Biden Administration jumped into action and will make everyone whole.  Actions used to have consequences.  The FDIC insurance only covers the first 250k that anyone or any entity had under one roof.  No more.  No more, that is, until yesterday.  So was it a bailout?
  4. “Investors in the banks will not be protected,” Mr. Biden said. “They knowingly took a risk, and when the risk didn’t pay off, investors lose their money. That’s how capitalism works.” So, no it wasn’t.
  5. “The Fed has basically just written insurance on interest-rate risk for the whole banking system,” said Steven Kelly, senior research associate at Yale’s program on financial stability.  “I’ll call it a bailout of the system.”  So, yes it was.
  6. “During the financial crisis, there were investors and owners of systemic large banks that were bailed out,” Treasury Secretary Janet Yellen said in an interview with “Face the Nation” on Sunday. “And the reforms that have been put in place mean that we’re not going to do that again.”  So, no it wasn’t.
  7. Who has been worse at their job?  Is it Pete Buttigieg?  Or, is it Janet Yellen?  Or…..   If you answered Joe Biden, you’d be with the 84% of Americans polled last week that do not want him to run for a second term.
  8. Yellen told us 15 months ago that this inflation was transitory.  She didn’t tell us exactly how long this transition would take, however.  Yellen is the poster senior citizen for white hair privilege.  Is her salon Hair by Einstein? Pete’s tenure as Secretary of Transportation, paternity leave aside, has been one train wreck after another.
  9. Those reforms didn’t stop Donald Trump from getting blamed for this in Biden’s opening remarks yesterday about the crisis.  When in doubt, blame Trump. “During the Obama-Biden administration, we put in place tough requirements on banks, including the Dodd-Frank Law, to make sure the crisis we saw in 2008 would not happen again.   Unfortunately, the last administration rolled back some of these requirements.”
  10. There is only so much time in a day’s work for Biden to reverse Turmp’s evil doings in the first 2 plus years of office.  This is especially true when Biden has spent nearly 40% of his time in office actually not in his office.  Official documentation shows that he has been either on vacation, at his beach house in Delaware, his main house in Delaware, or at Camp David, or biking, or skiing, or….
  11. President Biden’s former press secretary Jen Psaki said her ex-boss’s Monday morning speech on the stability of the US banking system demonstrates how important the issue is to him since he normally “does nothing at 9 a.m.”  Amen.

If you wish, go ahead and splurge with a good old slice of cherry pie to celebrate the day.

At What Price Free Speech?

Posted on by thependulumswings staff

It’s all over but the shouting.  Paperwork pending, Elon Musk has bought Twitter.

And, the shouting is all over the place but far from over.

It’s shaping up as a bad couple of weeks for the left side of ideology.  First, it was masks off.  Now, it’s Musk on.

Elon Musk used the platform he is buying to provide insight into what likely will be his guiding principle.  He tweeted, ” I hope that even my worst critics remain on Twitter because that is what free speech means.”

But a lot (and we mean a lot) of “open-minded” citizens see it differently and came to Twitter and TV to tell us as much.  Even the ones that announced that they were packing their Tesla and moving to Canada if Donald Trump won had something to say.

Let’s start with the esteemed senator from Massachusetts, Elizabeth Warren.  “This deal is dangerous for our democracy.  Billionaires like Musk play by a different set of rules than everyone else, accumulating power for their own gain.  We need a wealth tax and strong rules to hold big tech accountable.”

There is so much to unpack in that statement.  Was she speaking about herself?  If Elizabeth Warren identified as a man her pro(per) nouns would be Bernie and Sanders, but we digress.

News flash, free speech isn’t dangerous to our democracy.  See the very First Amendment for confirmation.

What some try to define as hate speech is indeed free speech.  You might hate what they say, but it’s their right to say it.  It’s just like burning an American flag.  You might hate seeing someone do so, but it’s been judicially ruled and subsequently upheld as freedom of expression.

Former Presidential Democratic “want to be” nominee Howard Dean tweeted that he was out.   Thousands commented back that they were as well.   The irony of using the platform to boldly announce that you’re leaving the platform is palpable.

None other than former VP Dan Quayle jumped in and tweeted, “at least seven people will miss you!”  Hateful.  True.  Quayle even spelled seven correctly!

Well, maybe the next stop for Dean is CNN+.  Come to think of it, it’s been a really bad run for those that lean left.

Press Secretary Jen Psaki, “The president has long been concerned about the power of large social media platforms, and has long argued that they must be held accountable for the harms that they cause.”  Likely he’s just been too busy to tackle this cause just yet.  After he fixes the harm caused by Russia and inflation though, lookout.

A study by The Center for Responsive Politics of political donations for the midterms by corporate employees, and published by Vox shows that 98.7% of the money donated went to the Democratic party from Twitter employees.

Want more?  Netflix 99.6%.  Apple 97.5%.  Google 96.0%.  Facebook 94.5%.  You can see why Biden is concerned, can’t you?

People who have preached that men can get pregnant are now concerned with misinformation on Twitter.  How timely?  How noble?

An African American who nearly single-handedly brought electric cars to the market to save the planet is now the bad guy for wanting free speech to truly be free.

Only in America could all of this happen concurrently.

After all, it’s the land of the “free” and the home of the “brave,” depending on whom you ask of course.

 

Ten Piece Nuggets-Random.

Posted on by thependulumswings staff

You want them, we have them.  Ten delivered to your virtual door this AM.

  1.  Paging Dr. Anthony Fauci.  Dr. Fauci, please call your exchange.  Wouldn’t right now be a great time for a thorough review of the data (comorbidities, race, age, gender, vaxxed v not, etc.) that led to the science?  With covid either paused or past, it sure would.  Questions we have a few.  We’d like to know more about that science we followed.
  2. Paging NY Mayor Eric Adams.  Mr. Adams, please call your exchange.  How does Kyrie Irving get to sit in the stands maskless but can’t play in his NBA game for the hometown Nets yesterday?  It must be that elusive data that led to the science.  Kevin Durant differs.  “It’s ridiculous,” Durant said of Irving’s situation. “I don’t get it. It just feels like at this point now somebody’s trying to make a statement or a point to flex their authority.”  Durant is quite accurate shooting from three-point land and calling out fantasy land.
  3. And how about flying?  The federal mask mandate that was supposed to end on 3/18 has been pushed back to 4/18.  Why? Maybe the WH press secretary knows? When asked why airports and airlines should maintain mask mandates even if the cities in which they’re located have abandoned them, White House press secretary Jen Psaki answered that air travelers aren’t “static,” meaning lacking in movement.  Ah.  Sounds like a bunch of static, meaning crackling or hissing noises on a telecommunications system, if you ask us.  The only one lacking in movement is the CDC, behind the curve like it’s been for two years.
  4. Speaking of the CDC, this year’s flu shot hit your arm but missed the mark in prevention.  When you guess strains nine months out, you win some and you lose some.  A CDC spokesperson over the weekend opined that the shot might have lessened the severity of this year’s flu if you got it, but wasn’t sure if it did.  Does any of this sound familiar?
  5.  Saturday, March 12 was Detransition Awareness Day.  People who quit the trans ideology recognize that they cannot “transition” to the opposite sex, and so they “detransition” from the ideology.  This comes smack in the middle of Women’s History Month which might confuse just about everybody involved we suppose.
  6.  Doesn’t it seem like every time you hear that Ukraine and Russia are entering talks another city is bombed?  Putin isn’t at peace when he hears the words “ceasefire.”  And about these biological labs?   
  7. Jen Psaki proudly announced from her pulpit Friday that we are wrecking the Russian economy.  One wise guy on Twitter stated the opinion, ” That’s two economies wrecked in 12 months.”   Short.  True.  Brilliant.  Sad.
  8. Republicans from sea to shining sea are ripe with optimism that a red wave is coming to both houses of Congress this fall.  Then Mitch Mcconnell threw water on the party.  He stated last week that if the GOP regains control of the Senate that he would be the majority leader all over again.  Two things.  One, McConnell isn’t a leader.  Two, a wise man wrote us and said that every Republican running for Senate this fall should have to go on record if they would vote for McConnell if they gained office.
  9. What’s to celebrate if it’s more of the same?  The number one problem facing Republicans is that they fail to realize that their party isn’t any happier with most of them and their actions as they are with the Dems.  Sad state of affairs.

  10. And finally, Jussie Smollett’s sister, actress Jurnee Smollett, is calling for Cook County to “#FreeJussie” following her brother’s sentencing of 150 days of incarceration on Thursday, telling her followers they should advocate for his release because of disparate incarceration between black and white Americans even if they believe he is guilty.  Jurnee is quite a trip, almost like a journey.

  11. Lagniappe.  Isn’t it odd that the inflation we once called transitory is now blamed on Putin?  Point the finger at Russia, Russia, Russia.  People always buy it.

                                                                                                                                                                                                                                                                 If you’re on Spring Break enjoy.  If you’re not, get to work.  And remember today, 3/14, is pi day.  That’s roughly 3.14159265359 if you’re counting.

     

     

Crime Solved

Posted on by thependulumswings staff

Yesterday BBR posted content questioning what some cities and their leadership were doing about the ramp-up in flash mob theft.  We specifically cited Lori Lightfoot’s ignorant response(s) which put the responsibility back on the retailers.  Lightfoot is no gumshoe, but we digress.

We also observed that about twenty national retailers penned a letter asking the federal government for help.  Well, what do you know?  Yesterday, Jen Psaki, WH Press Secretary was asked what the reasons for this spike were and what help the Biden Administration would provide back to the local level.

“I would say, we have seen, I’m not going to attribute the reasoning from here,” Psaki said. “What I will tell you is we have seen an increase in crime over the course of the pandemic. There is a range of reasons for that.”

Psaki didn’t go into any of the range of reasons.  But she did cite the pandemic.  We are aware of several side effects of Covid-19 and its variants like the loss of taste and smell, but not the loss of merchandise in stores.   Who knew that planned robberies were a viral symptom?

What is even stranger is that this side effect seems to be acutely affecting San Francisco, Los Angeles, Chicago, Seattle, New York, and Minneapolis.   All of these cities lead the way in mask mandates and social distancing.  We wonder if asking their police to stand down prior to the pandemic during the “mostly peaceful” protests could be a root cause as well.

Maybe.  “The president has proposed additional funding in the budget to make sure local police departments and cops have the funding they need,” Psaki said. “We also have worked directly with police departments in areas where they are seeing the highest impact of the crime, the retail theft—which we have great concern about.”

So, it seems that defunding the police and causing mayhem was the ticket to getting elected while refunding the police might be needed to get reelected.

Also.  “One of the root reasons of crime in communities is guns and gun violence, and we’ve seen that statistically around the country,” Psaki said last week.  Chicago might even agree.

No one asked her if any guns have been brandished during the smash and grab crimes.  They haven’t been.  But, it’s always a good day to take a shot at gun control that way when a store owner shoots a “victim or two” we can take to the streets again protesting these senseless shootings.

And finally.  She added: “Our focus is currently on doing what we can to make sure the funding is out there to the communities that need it the most.”

Which communities need it the most?  The ones cited above that elected them in the first place.  It’s always a good day to throw federal money at your local political bases.

So there you have it.  Just one day after asking, ye shall receive.

This is governance at its finest.

Problem day one, fixed day two.

Now, these cities can go back to enforcing the reinstated mask mandates to save even more lives.