Saudi Arabia Walks Away from the Petrodollar Agreement, a 50-Year Partnership to Only Sell Oil in Dollars?

Last month, Russia Hoaxer Jake Sullivan met with Saudi Arabia to try to work with them on various deal, despite Biden constantly propping up Saudi Arabia's enemy Iran and despite Biden calling the Saudi crown prince a murderer.

This is just some of that use of diplomatic Smart Power that Democrats are always bragging about.

No word about whether the Saudis agreed to renew the petrodollar deal, which helps prop up the value of the dollar by making it the only currency the Saudis will sell their oil for

But Newsmax reports that deal lapsed on June 9th, and reports further that the Saudis have decided against renewing it.

Heckuva job, Jakey!

The financial markets are bracing for disruption now that Saudi Arabia decided not to renew its 50-year petrodollar partnership with the United States, MSN reported.
This opens the door for Saudi Arabia to sell oil and other goods -- instead of exclusively in the U.S. dollar -- in multiple other currencies, including the Chinese renminbi, and in euros, yen, and digital currencies such as bitcoin.
Saudi Arabia's shift to other currencies is expected to hasten the global movement away from the dollar.
The contract, originally signed on June 8, 1974, expired on June 9, 2024, although the petrodollar system was established in 1972, when the U.S. decoupled its currency from gold.
The 1974 security agreement that the U.S. and Saudi Arabia signed heralded close cooperation between the two countries by establishing two joint commissions, one on economic cooperation and the second on Saudi Arabia's military needs.
The United States' goal was to motivate the Kingdom of Saudi Arabia to ramp up its oil production and foster cooperation not only with that country but other Arab nations as well.

Comments

(Jump to bottom of comments)

1 1st

Posted by: GF at June 13, 2024 03:11 PM (aJxr8)

2 This is gonna leave a mark.

Posted by: Mister Scott (Formerly GWS) at June 13, 2024 03:12 PM (QNSds)

3 I'm sure its our fault for not understanding this... it's really good for us....

Posted by: Inogame at June 13, 2024 03:13 PM (53oGX)

4 Howdy!

Posted by: Moonbeam at June 13, 2024 03:13 PM (rbKZ6)

5 That's why I've been investing in dong, like Kamala.

Posted by: andycanuck (ZdexC) at June 13, 2024 03:13 PM (ZdexC)

6 I find it odd that in those examples of alternatives to using US dollars, not once was the Russian ruble mentioned. Wouldn't the ruble be an obvious alternative? Aren't big petro deals already being made in rubles?

Posted by: Elric Blade at June 13, 2024 03:14 PM (iFTx/)

7 Obama and Biden have succeeded in screwing the US.

Posted by: AZ deplorable moron at June 13, 2024 03:14 PM (pUmP9)

8 Afternoon.

So on a scale of one to ten just how fucked would you say we are?

Posted by: Robert at June 13, 2024 03:14 PM (PdQdn)

9 It isn't like the United States fought multiple wars to ensure that oil could move freely from the Middle East to the rest of the world or anything.

Heck I was deployed there a time or two myself in my 22 year military career.

Posted by: Mister Scott (Formerly GWS) at June 13, 2024 03:14 PM (QNSds)

10 Sweet.

I miss the DOOM posts...

Posted by: Stateless at June 13, 2024 03:14 PM (jvJvP)

11 I don't see the Gaslight Media reporting on this. But that is probably just because they're waiting for instructions from the White House about how to spin this as Akshually It's a Major Achievement.

========

"This didn't happen, and it's good that it happened. Also, any negative consequences of this happening are misinformation."

Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 03:14 PM (GBKbO)

12 How much longer can this charade go on? Meloni has to grab Biden after he wandered off during a skydiving exhibition - https://tinyurl.com/npaaf7k9

Posted by: beckster at June 13, 2024 03:15 PM (GbGY3)

13 People don't seem to realize what a big deal this is.

They will.

Posted by: BurtTC at June 13, 2024 03:15 PM (dGCAG)

14 I don't see the Gaslight Media reporting on this. But that is probably just because they're waiting for instructions from the White House about how to spin this as Akshually It's a Major Achievement.

Posted by: Disinformation Expert Ace at 03:10 PM
---
It's because conservatives hate poor people.

Posted by: Axeman at June 13, 2024 03:16 PM (krQz2)

15 This opens the door for Saudi Arabia to sell oil and other goods

Other goods? From Saudi?

Posted by: spindrift at June 13, 2024 03:16 PM (OguvZ)

16 I find it odd that in those examples of alternatives to using US dollars, not once was the Russian ruble mentioned. Wouldn't the ruble be an obvious alternative? Aren't big petro deals already being made in rubles?
Posted by: Elric Blade at June 13, 2024 03:14 PM (iFTx/)

The ones for Russian oil, sure. The current dodge for purchases to the US and EU is for Russia to ship to India, then for India to bump the price and resell it to the 'sanctioning' states for even more money. In dollars.

Posted by: Oldcat at June 13, 2024 03:16 PM (eoQWY)

17 14 It's because conservatives hate poor people.
Posted by: Axeman at June 13, 2024 03:16 PM (krQz2)

=======

To be fair, I hate everyone.

I am a misanthrope. And an asshole.

Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 03:16 PM (GBKbO)

18 People don't seem to realize what a big deal this is.

They will.
Posted by: BurtTC at June 13, 2024 03:15 PM (dGCAG)
---
I do.

It's a major achievement for George Soros. "Congrats".

Posted by: Axeman at June 13, 2024 03:16 PM (krQz2)

19 People don't seem to realize what a big deal this is.
---------

That's because they're too busy obsessing over the biggest scandal in history, the time when Trump said doody.

Posted by: ... at June 13, 2024 03:16 PM (rGvnI)

20 Is there ANYTHING the junta can't screw up?

They are the most incompetent bunch of "leaders" I've ever seen in all my 29 years.

Idiots.

Posted by: "Perfessor" Squirrel at June 13, 2024 03:17 PM (7fElN)

21 So on a scale of one to ten just how fucked would you say we are?
Posted by: Robert at June 13, 2024 03:14 PM (PdQdn)

11

Posted by: Question Authority bumper sticker at June 13, 2024 03:17 PM (Rbu5d)

22 Russian ruble mentioned. Wouldn't the ruble be an obvious alternative?
Posted by: Elric Blade

They can sell in every currency and do some (if I remember what it's called) currency arbitrage.

Posted by: AZ deplorable moron at June 13, 2024 03:17 PM (pUmP9)

23 It's for the children !!!!!!!!!!!!

Posted by: Jack Mehoff at June 13, 2024 03:17 PM (rcLES)

24 How much longer can this charade go on? Meloni has to grab Biden after he wandered off during a skydiving exhibition - https://tinyurl.com/npaaf7k9
Posted by: beckster at June 13, 2024

***
Notice, too he was drifting toward a play group of children. What do they call it when a plant orients itself and grows toward the sunlight? Tropism? The F. Joke Biden houseplant has a tropism toward toddlers.

Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:17 PM (J2vNu)

25 I thought the renminbi was the yuan....

Posted by: Warai-otoko at June 13, 2024 03:17 PM (BpZ5k)

26 People don't seem to realize what a big deal this is.

They will.
Posted by: BurtTC at June 13, 2024 03:15 PM (dGCAG)

It means that the US will increasingly be unable to dilute its insane spending over the entire world and have them pay part of the cost.

Posted by: Oldcat at June 13, 2024 03:17 PM (eoQWY)

27 dems will see to it that petrodollars are replaced with wind dollars. gotta save the planet from fossil fuels and reckless prosperity. my word as a bidenaut

Posted by: gnats local 678 at June 13, 2024 03:18 PM (B1FKF)

28
America's back, baby!

Posted by: 70's era Malaise at June 13, 2024 03:18 PM (+oR7L)

29 The 70’s have called.

They want disco and a Dem Dementia President back.

Posted by: Czech Chick at June 13, 2024 03:18 PM (1vw7C)

30 I'd practically gotten over the joke after seeing it a hundred times, but Brandon's Juneteenth vapor-lock is hilarious. Every time I'm getting inured to the dotard's senescence, he comes back with a killer skit, and I'm hooked again.

Posted by: Yudhishthira's Dice at June 13, 2024 03:18 PM (0FoWg)

31 Save us, Convicted Felon Donald Trump!

Posted by: Axeman at June 13, 2024 03:18 PM (krQz2)

32 Not that big a deal. Currency is eminently tradeable so it does not really matter except for appearances. There are millions of other things to hammer the junta about that are more important than this.

Posted by: Earl Schlobodowicz at June 13, 2024 03:18 PM (P7Iz+)

33 To be fair, I hate everyone.

To be fair, they had it coming.

Posted by: Oddbob at June 13, 2024 03:18 PM (/y8xj)

34 Wouldn't blame anyone walking away from thos disaster of a administration

Posted by: Skip at June 13, 2024 03:19 PM (fwDg9)

35 It's for the children !!!!!!!!!!!!

Posted by: Jack Mehoff at June 13, 2024 03:17 PM (rcLES)
---
That's where Joe was headed.

Posted by: Axeman at June 13, 2024 03:19 PM (krQz2)

36 Notice, too, he was drifting toward a play group of children. What do they call it when a plant orients itself and grows toward the sunlight? Tropism? The F. Joke Biden houseplant has a tropism toward toddlers.
Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024

***
Ooops on my part. He was drifting toward a soldier in camo packing a bag or something like that. However, the tropism comment stands.

Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:19 PM (J2vNu)

37 And the Dems chose Biden for his "foreign policy expertise."

/laughs bitterly

Posted by: Deplorable Jay Guevara at June 13, 2024 03:20 PM (YqDXo)

38 Gropotrophism

Posted by: Warai-otoko at June 13, 2024 03:20 PM (BpZ5k)

39 This is a *major* crack - not a total crackup, but a crack - in the Postware world monetary order.

The USD as the reserve currency is not going to be around for a whole lot longer. It's much bigger than the petrodollar. The USD is *the* preferred currency of international settlement and pricing. Huge amounts of stuff is priced and settled in dollars in cross-border trade, whether it involves the US or not. That is going to shift and shift hard.

We'll be *a* settlement currency, not *the* settlement currency. That's going to have profound effects, many of them bad. Some will likely be good, in that our currency will actually reprice and make imports expensive (better for domestic industry). But it is going to be a rough road and government finance is going to get *really* hard.

The best case is that we get some fiscal discipline and a more productive economy, at the expense of potentially unaffordable imports for a while and a whole lot of privation and make-do.

The worst case is the collapse of the country.

High stakes.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:20 PM (d04cU)

40 Ooops on my part. He was drifting toward a soldier in camo packing a bag or something like that. However, the tropism comment stands.
Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:19 PM (J2vNu)
---
He still looked lost and distracted when he was turned around. He had no clue what was going on around him.

Posted by: "Perfessor" Squirrel at June 13, 2024 03:20 PM (7fElN)

41
Media will start reporting on this November 6th, 2024. Blaming it on Trump for winning.

Posted by: Frank Barone at June 13, 2024 03:20 PM (+oR7L)

42 This opens the door for Saudi Arabia to sell oil and other goods

Other goods? From Saudi?
Posted by: spindrift

Camel meat, tents & sand.

Posted by: rickb223 at June 13, 2024 03:21 PM (9eII4)

43 Not that big a deal. Currency is eminently tradeable so it does not really matter except for appearances. There are millions of other things to hammer the junta about that are more important than this.
Posted by: Earl Schlobodowicz at June 13, 2024 03:18 PM (P7Iz+)

It will matter when counties decide that 1 zloty is worth 100 dollars instead of 1.

Posted by: Oldcat at June 13, 2024 03:21 PM (eoQWY)

44 George @BehizyTweets 4h
BREAKING: The Georgia Supreme Court has ruled against Fani Willis and the corrupt judge in the Young Thug trial where Attorney Brian Steel discovered a plot by Willis and the judge to intimidate witnesses

Willis isn't just corrupt with the Trump case, she's corrupt all around

Steel was held in contempt of court by the judge after revealing he knew what they were planning and the GA Supreme Court just stepped in to stop him from going to jail

Posted by: andycanuck (ZdexC) at June 13, 2024 03:21 PM (ZdexC)

45 "I don't see the Gaslight Media reporting on this."

Don't worry, they're talking about it plenty everywhere else in the world.

Posted by: Its called LEADERSHIP man C'MON at June 13, 2024 03:21 PM (1wdUl)

46 The best case is that we get some fiscal discipline and a more productive economy, at the expense of potentially unaffordable imports for a while and a whole lot of privation and make-do.

The worst case is the collapse of the country.

High stakes.
Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:20 PM (d04cU)
---
Somehow, I don't think we will see the "best case" materialize any time soon.

Posted by: "Perfessor" Squirrel at June 13, 2024 03:21 PM (7fElN)

47 TJM,
Good to see you on board with the "I hate everyone " mentality.

It's a comforting place to be.

Posted by: nurse ratched at June 13, 2024 03:21 PM (W2Pud)

48 I don't see the Gaslight Media reporting on this. But that is probably just because they're waiting for instructions from the White House about how to spin this as Akshually It's a Major Achievement.

Posted by: Disinformation Expert Ace at 03:10 PM
---
It's because conservatives hate poor people.
Posted by: Axeman at June 13, 2024 03:16 PM (krQz2)

Can some cop somewhere, please kill a black guy?

Or at least someone draw a poop swastika on a dorm bathroom wall?

Posted by: BurtTC at June 13, 2024 03:21 PM (dGCAG)

49 It's not even a joke to say that Hunter has more foreign policy expertise than Joe.

Poor crackhead had to hustle around the world doing The Family's dirty work in every hellhole on earth while The Big Guy sits around jerking off to the Disney Channel.

Posted by: Warai-otoko at June 13, 2024 03:22 PM (BpZ5k)

50 20 Is there ANYTHING the junta can't screw up?
Posted by: "Perfessor" Squirrel at June 13, 2024 03:17 PM (7fElN)

Jill Biden. Because Joey can only F*CK UP.

Posted by: Our Country is Screwed at June 13, 2024 03:22 PM (N39Ws)

51 Other goods? From Saudi?
-----
Camel meat, tents & sand.

Lightly used Mercedes limos with paint damage from wind-blown sand.

Posted by: Oddbob at June 13, 2024 03:22 PM (/y8xj)

52 from an actual letter in today's wall st journal:

For all the emphasis on Mr. Biden's alleged age-related diminishment in mental acuity and vigor, the president performed his official duties on his recently completed state visit to France robustly and quite competently. Further, unlike his Republican opponent, who has been consumed by his legal travails, to the point of his often appearing unhinged, Mr. Biden was able to conduct himself during the entirety of his trip, which coincided with his son's trial, in a manner that was focused and strong.

Posted by: gnats local 678 at June 13, 2024 03:22 PM (B1FKF)

53 the bandits I listen to have predicted a Gold-backed Treasury note, but only when the price of Gold goes high enough to be realistic against the Dollar.

Maybe 2026.

Posted by: Kindltot at June 13, 2024 03:22 PM (D7oie)

54 Fundamental Transformation, bitchez!!!!

You should be thanking me!

(Prances away)

Posted by: Indo-Kenyan homo god-King at June 13, 2024 03:22 PM (/Djer)

55 Willis isn't just corrupt with the Trump case, she's corrupt all around
______________

Falsus in uno ...

Posted by: Deplorable Jay Guevara at June 13, 2024 03:23 PM (YqDXo)

56 Some will likely be good, in that our currency will actually reprice and make imports expensive (better for domestic industry).

But it is going to be a rough road and government finance is going to get *really* hard

Harder than Chinese algebra.

Posted by: rickb223 at June 13, 2024 03:23 PM (9eII4)

57 It means that the US will increasingly be unable to dilute its insane spending over the entire world and have them pay part of the cost.
Posted by: Oldcat at June 13, 2024 03:17 PM (eoQWY)

I need to buy a wheelbarrow, before it takes a wheelbarrow of cash to buy a wheelbarrow.

Posted by: BurtTC at June 13, 2024 03:23 PM (dGCAG)

58 Ooops on my part. He was drifting toward a soldier in camo packing a bag or something like that. However, the tropism comment stands.
Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024
---
He still looked lost and distracted when he was turned around. He had no clue what was going on around him.
Posted by: "Perfessor" Squirrel at June 13, 2024

***
He's at the hallucination stage, maybe?

Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:23 PM (J2vNu)

59 Media will start reporting on this November 6th, 2024. Blaming it on Trump for winning.

Posted by: Frank Barone at June 13, 2024 03:20 PM (+oR7L)
---
I think it's one reason that DC might let Trump because president.

They'll avoid reporting on this story until it starts to have an effect in the Trump term. And then it will all be, in unison please: "All. Trump's. Fault."

I like Trump, but I'm skeptical how much he can do against losing the Petrodollar.

Posted by: Axeman at June 13, 2024 03:23 PM (krQz2)

60 We'll be *a* settlement currency, not *the* settlement currency. That's going to have profound effects, many of them bad.
High stakes.
Posted by: Joe Mannix (Not a cop!)
--------------
Agree. These things move at a glacial pace initially but build into behemoth issues/events. Need some responsible people pulling corrective levers vs this current group of pelican f*ckers.

Posted by: scampydog at June 13, 2024 03:24 PM (2bFN5)

61 CNN: A crocodile was terrorizing this Australian town. So residents cooked and ate it

https://tinyurl.com/ycy9mudm

God bless the Aussies.

Posted by: Robert at June 13, 2024 03:24 PM (qulQk)

62 the bandits I listen to have predicted a Gold-backed Treasury note, but only when the price of Gold goes high enough to be realistic against the Dollar.

Maybe 2026.
Posted by: Kindltot

A grain of gold is higher than the US dollar.

Posted by: rickb223 at June 13, 2024 03:24 PM (9eII4)

63 I like Trump, but I'm skeptical how much he can do against losing the Petrodollar.
Posted by: Axeman at June 13, 2024 03:23 PM (krQz2)
---
I don't know if he could regain it, but I'm reasonably sure he never would have lost it in the first place.

Posted by: "Perfessor" Squirrel at June 13, 2024 03:24 PM (7fElN)

64 Currency is eminently tradeable so it does not really matter except for appearances.

------

It's not about access to the resource. The Saudis could say "we now only accept Riyal." We can produce our own, or we can buy Riyal, or both. The petrodollar system always affected oil-poor and cash-poor countries much more than us, in that regard.

It's about forcing the entire planet to soak up our ludicrous inflation and profligate fiscal policies if they want to keep the lights on. With this development, that transnational shakedown scheme is starting to run its course.

Posted by: Yudhishthira's Dice at June 13, 2024 03:24 PM (0FoWg)

65 Notice, too, he was drifting toward a play group of children. What do they call it when a plant orients itself and grows toward the sunlight? Tropism? The F. Joke Biden houseplant has a tropism toward toddlers.
Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024

***
Ooops on my part. He was drifting toward a soldier in camo packing a bag or something like that. However, the tropism comment stands.

Yeah, he was heading toward the soldier....but notice how out of it he looks compared to the others. It's as if he doesn't even know where he is.

Posted by: beckster at June 13, 2024 03:24 PM (GbGY3)

66 This opens the door for Saudi Arabia to sell oil and other goods

Other goods? From Saudi?
Posted by: spindrift at June 13, 2024 03:16 PM (OguvZ)

They are the world's second largest producer of sand.

Posted by: G'rump928(c) at June 13, 2024 03:24 PM (aD39U)

67 This is a *major* crack - not a total crackup, but a crack - in the Postware world monetary order.

The USD as the reserve currency is not going to be around for a whole lot longer. It's much bigger than the petrodollar. The USD is *the* preferred currency of international settlement and pricing. Huge amounts of stuff is priced and settled in dollars in cross-border trade, whether it involves the US or not. That is going to shift and shift hard.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:20 PM (d04cU)

And it all started because Vicki Newland and her ilk thought that you could collapse Russia by forbidding them to use that exchange system to pay their bills and trade their goods. Once that failed she had an unwinnable war on her hands. Like how stupid do you have to think you can do this to a nation with so many resources as Russia does? They could have gone back to barter and survived.

Posted by: Oldcat at June 13, 2024 03:25 PM (eoQWY)

68 CNN: A crocodile was terrorizing this Australian town. So residents cooked and ate it

https://tinyurl.com/ycy9mudm

God bless the Aussies.
Posted by: Robert

The fact that that's even news is embarrassing.

Posted by: rickb223 at June 13, 2024 03:25 PM (9eII4)

69 Camel meat, tents & sand.
Posted by: rickb223 at June 13, 2024

***
I'm afraid to ask what camel meat is like.

Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:25 PM (J2vNu)

70 Other goods? From Saudi?
-----
Camel meat, tents & sand.

Lightly used Mercedes limos with paint damage from wind-blown sand.
Posted by: Oddbob at June 13, 2024 03:22 PM (/y8xj)

More heavily used yacht girls and Hollowood has-beens.

Posted by: BurtTC at June 13, 2024 03:25 PM (dGCAG)

71 I like Trump, but I'm skeptical how much he can do against losing the Petrodollar.
Posted by: Axeman at June 13, 2024 03:23 PM (krQz2)

Open the spigots.

Sell to all comers.

Shit would go hockey stick in under a week.

Posted by: Warai-otoko at June 13, 2024 03:25 PM (BpZ5k)

72 from an actual letter in today's wall st journal:

For all the emphasis on Mr. Biden's alleged age-related diminishment in mental acuity and vigor, the president performed his official duties on his recently completed state visit to France robustly and quite competently.

Posted by: gnats local 678 at June 13, 2024 03:22 PM (B1FKF)
---
...

Sincerely,

Daniel N. Commission

Posted by: Axeman at June 13, 2024 03:25 PM (krQz2)

73 How many yuan to a renminbi??

20 the same as in town??

Posted by: andycanuck (ZdexC) at June 13, 2024 03:25 PM (ZdexC)

74 44 George @BehizyTweets 4h
BREAKING: The Georgia Supreme Court has ruled against Fani Willis and the corrupt judge in the Young Thug trial where Attorney Brian Steel discovered a plot by Willis and the judge to intimidate witnesses

Willis isn't just corrupt with the Trump case, she's corrupt all around

Steel was held in contempt of court by the judge after revealing he knew what they were planning and the GA Supreme Court just stepped in to stop him from going to jail
Posted by: andycanuck (ZdexC) at June 13, 2024 03:21 PM (ZdexC)

========

Honestly, courts need to start removing officials who do this sort of thing.

But no..."Don't do it again or we'll be all sore at you."

Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 03:26 PM (GBKbO)

75 during the entirety of his trip, which coincided with his son's trial, in a manner that was focused and strong.
Posted by: gnats local 678 at June 13, 2024 03:22 PM (B1FKF)

Signed, Jarine Pean-Kierre

Posted by: ... at June 13, 2024 03:26 PM (rGvnI)

76 Fun Fact: Saudis have to import sand for their construction projects. Wind blown sand no bueno.

Posted by: Mr Aspirin Factory, deplorable clown at June 13, 2024 03:26 PM (qZEuM)

77 from another letter to the wsj today:

Imagine attempting to accomplish even one of those goals, which require many public-speaking engagements, while struggling not to stutter. Only someone with determination, exceptional intelligence and courage wouldn't be deterred. Those who seek to further degrade the president point to his age. How many of his detractors could maintain even half the daily schedule that Mr. Biden has kept for the past four years and continues to keep? His detractors choose to focus on these issues because they know that an honest look at Mr. Biden's character and accomplishments would overshadow those of his competitors.

Posted by: gnats local 678 at June 13, 2024 03:26 PM (B1FKF)

78 BREAKING: The Georgia Supreme Court has ruled against Fani Willis and the corrupt judge in the Young Thug trial where Attorney Brian Steel discovered a plot by Willis and the judge to intimidate witnesses

I watched a couple of videos about this yesterday and today. The judge in this case makes Merchan and Engorgon look like Learned Hand.

Posted by: Oddbob at June 13, 2024 03:27 PM (/y8xj)

79 It’s a good thing I stocked up on Vall-U-Rite

Posted by: weew at June 13, 2024 03:27 PM (2dTrC)

80 I'm afraid to ask what camel meat is like.
Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:25 PM (J2vNu)
------------
Apparently pretty loathly, according to a co-worker who was stationed in Qatar.

Posted by: Captain Obvious, Laird o' the Sea, Radioactive Knight at June 13, 2024 03:27 PM (hYDNe)

81 I like Trump, but I'm skeptical how much he can do against losing the Petrodollar.
Posted by: Axeman at June 13, 2024 03:23 PM (krQz2)
---
I don't know if he could regain it, but I'm reasonably sure he never would have lost it in the first place.
Posted by: "Perfessor" Squirrel at June 13, 2024 03:24 PM (7fElN)

he could presumably mitigate the effect on us by making the dollar strong so that most would continue to use it, but they can't play fiscal games with money and use it as a club to beat other countries like before.

Posted by: Oldcat at June 13, 2024 03:27 PM (eoQWY)

82 I don't know if he could regain it, but I'm reasonably sure he never would have lost it in the first place.

Posted by: "Perfessor" Squirrel at June 13, 2024 03:24 PM (7fElN)
---
Yeah. That's not how it's going to read in the news in 2025.

Posted by: Axeman at June 13, 2024 03:27 PM (krQz2)

83 "8 Afternoon.
So on a scale of one to ten just how fucked would you say we are?
Posted by: Robert at June 13, 2024 03:14 PM (PdQdn)"

20 bucks. same as in town.

Posted by: Croaker at June 13, 2024 03:27 PM (1SSgh)

84 Fulton County is an insane asylum.

Posted by: Mr Aspirin Factory, deplorable clown at June 13, 2024 03:27 PM (qZEuM)

85 Sullivan : "don't the Saudis know I'm an expert?"

Posted by: Smell the Glove at June 13, 2024 03:27 PM (FTjSO)

86 It's about forcing the entire planet to soak up our ludicrous inflation and profligate fiscal policies if they want to keep the lights on. With this development, that transnational shakedown scheme is starting to run its course.
Posted by: Yudhishthira's Dice at June 13, 2024 03:24 PM (0FoWg)
++++
And just as that capacity was exhausted, major changes are starting to get underway. That's not a coincidence.

The USD is not as safe and even-handed as it was (kicking Russia out of SWIFT and dollar-denominated insurance trades was a massive and potentially fatal miscalculation) but debt-fueled growth of international trade is winding down. Trade settlement flows aren't big enough to absorb our monetary malfeasance anymore, which invites (possibly even demands) alternatives.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:28 PM (d04cU)

87 Daily Mail: EXCLUSIVEPentagon official reveals tantalizing seven-minute encounter with glowing blue UFO - which emitted enough energy to 'power a small city'

https://tinyurl.com/ts4t3dtd

Posted by: Robert at June 13, 2024 03:28 PM (qulQk)

88 Interesting observation from the lesbian capital of the US:

I see more and more of the original rainbow flags flying this year. No black and brown stripes and none of the pink and baby blue bs.

Posted by: nurse ratched at June 13, 2024 03:28 PM (W2Pud)

89 Study: Erectile dysfunction drug Viagra may improve blood flow in the brain and prevent dementia.

This means I will never get Dementia !!!!!!!!!!!!!!!!!!!!!!

Posted by: Bill Clinton at June 13, 2024 03:28 PM (15lwl)

90 The camel hump is tasty.

Posted by: Mr Aspirin Factory, deplorable clown at June 13, 2024 03:28 PM (qZEuM)

91 from another letter to the wsj today:

Posted by: gnats local 678 at June 13, 2024 03:26 PM (B1FKF)

I had no idea the WSJ had a comics page.

Posted by: Oldcat at June 13, 2024 03:28 PM (eoQWY)

92 Imagine attempting to accomplish even one of those goals, which require many public-speaking engagements, while struggling not to stutter. Only someone with determination, exceptional intelligence and courage wouldn't be deterred. Those who seek to further degrade the president point to his age. How many of his detractors could maintain even half the daily schedule that Mr. Biden has kept for the past four years and continues to keep? His detractors choose to focus on these issues because they know that an honest look at Mr. Biden's character and accomplishments would overshadow those of his competitors.
Posted by: gnats local 678 at June 13, 2024

***
Dear WSJ Letter-Writer:

Try to imagine looking at actual facts instead of heated brain vapors.

Sincerely, Your Friend

Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:28 PM (J2vNu)

93 I'm afraid to ask what camel meat is like.
Posted by: Wolfus Aurelius

Similar to beef. It's lean. But it's taste is sweeter & gamier. Camel meat is often compared to deer, lamb & beef in appearance and flavor.

Or so says Bing.

Posted by: rickb223 at June 13, 2024 03:29 PM (9eII4)

94 They are the world's second largest producer of sand.
Posted by: G'rump928(c) at June 13, 2024 03:24 PM (aD39U)

Second only to Queen Amidala's vagana.

Posted by: Anakin S. Walker at June 13, 2024 03:29 PM (dGCAG)

95 and from that second letter:

How many people would claim that someone who has become a lawyer, senator, vice president and president is intellectually inferior?

[biden is proof that one can accomplish all those things and be stupid enough to regularly lie about things that can be easily checked]

Posted by: gnats local 678 at June 13, 2024 03:29 PM (B1FKF)

96 Interesting observation from the lesbian capital of the US:

I see more and more of the original rainbow flags flying this year. No black and brown stripes and none of the pink and baby blue bs.

Posted by: nurse ratched at June 13, 2024 03:28 PM (W2Pud)

Ah, the Stalinites and the Trotskyites are falling out already? Watch out for those Ice Axes fellas!

Posted by: Oldcat at June 13, 2024 03:30 PM (eoQWY)

97 It's about forcing the entire planet to soak up our ludicrous inflation and profligate fiscal policies if they want to keep the lights on.

Posted by: Yudhishthira's Dice at June 13, 2024 03:24 PM (0FoWg)
---
You misspelled "Democrat Vote Bribery Scheme".

Understandable.

Posted by: Axeman at June 13, 2024 03:30 PM (krQz2)

98 How many people would claim that someone who has become a lawyer, senator, vice president and president is intellectually inferior?

[biden is proof that one can accomplish all those things and be stupid enough to regularly lie about things that can be easily checked]
Posted by: gnats local 678 at June 13, 2024 03:29 PM (B1FKF)

Lol.

One of those jobs requires memorizing a few things or bribing the bar.

The rest require nothing more than showing up.

Posted by: Warai-otoko at June 13, 2024 03:30 PM (BpZ5k)

99 Interesting observation from the lesbian capital of the US:

I see more and more of the original rainbow flags flying this year. No black and brown stripes and none of the pink and baby blue bs.

Posted by: nurse ratched at June 13, 2024 03:28 PM (W2Pud)

Ah, the Stalinites and the Trotskyites are falling out already? Watch out for those Ice Axes fellas!
Posted by: Oldcat at June 13, 2024 03:30 PM (eoQWY)
---
They hate black people.

Posted by: Axeman at June 13, 2024 03:30 PM (krQz2)

100 Maybe they are taking Barky's advice
Joe can fk up anything

Posted by: Skip at June 13, 2024 03:30 PM (fwDg9)

101 Saudi Arabia decided not to renew its 50-year petrodollar partnership with the United States
......

Uh oh.

Posted by: wth at June 13, 2024 03:30 PM (v0R5T)

102 No big deal. Just another block of the US Prosperity Jenga Tower being pulled out by the Dems.

Nothing to worry about!

Also, stolen elections have consequences. These ones may be VERY dire.

Posted by: Formerly Virginian at June 13, 2024 03:31 PM (N1tpc)

103 I'm afraid to ask what camel meat is like.
Posted by: Wolfus Aurelius

Similar to beef. It's lean. But it's taste is sweeter & gamier. Camel meat is often compared to deer, lamb & beef in appearance and flavor.

Or so says Bing.
Posted by: rickb223 at June 13, 2024

***
Chandler? Is that you? We had no idea what you did for a living, but it was cool you got to travel to Saudi Arabia!

Posted by: The Other Five Friends at June 13, 2024 03:31 PM (J2vNu)

104 Daily Mail: EXCLUSIVEPentagon official reveals tantalizing seven-minute encounter with glowing blue UFO - which emitted enough energy to 'power a small city'

https://tinyurl.com/ts4t3dtd
Posted by: Robert at June 13, 2024 03:28 PM (qulQk)

My cell phone can power a small city, just for a very short time.

Posted by: Oldcat at June 13, 2024 03:31 PM (eoQWY)

105 Posted by: Oldcat at June 13, 2024 03:25 PM (eoQWY)

Yup, SWIFT is another regime shakedown that just catastrophically failed to work anymore. Petrodollar is another. These are starting to snowball - the world is starting to tell the Mafia dons on the Potomac that they won't pay the weeklies. It comes down to whether the Chesapeake Bay Monkeypox Social Club can still strongarm everyone into paying up. I don't think it can.

Posted by: Yudhishthira's Dice at June 13, 2024 03:31 PM (0FoWg)

106 Powell said a year or two ago "There can be more than one world reserve currency". iirc, at the time USD transactions were maybe 70% of global trade?

This will probably accelerate the USD decline, but no other currency is really trusted either, and in crisis, money still flows to the USD for safety. But the globalists and old Joe seem intent on some new "global currency", probably digital. Perhaps then they will cancel Bitcoin and other cryptos? One (globalist) currency to rule them all.

Posted by: illiniwek at June 13, 2024 03:31 PM (Cus5s)

107 Ostrich and emu are really quite tasty... red meat, cook it just like beef, rare, medium rare totally fine.

Posted by: tubal at June 13, 2024 03:31 PM (PCK5/)

108 And it all started because Vicki Newland and her ilk thought that you could collapse Russia by forbidding them to use that exchange system to pay their bills and trade their goods. Once that failed she had an unwinnable war on her hands. Like how stupid do you have to think you can do this to a nation with so many resources as Russia does? They could have gone back to barter and survived.
Posted by: Oldcat at June 13, 2024 03:25 PM (eoQWY)
++++
It nearly worked. Nobody expected the balls-to-the-wall, high-risk response strategy from Russia's finance minister. He - a man called Anton Siluanov - won the war for Russia (and possibly saved Russia as it existed before the war) by preventing the collapse of the Ruble and buying time for parallel settlement to be thrown together.

I will not be surprised at all if they put him on a coin and name schools after him. Siluanov might go down as the most important figure in this era's economic history.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:31 PM (d04cU)

109 The camel hump is tasty.
Posted by: Mr Aspirin Factory

Fetterman's? Not so much.

Posted by: rickb223 at June 13, 2024 03:31 PM (9eII4)

110 They hate black people.
Posted by: Axeman at June 13, 2024 03:30 PM (krQz2)

well sure, we knew leftists do, its baked in the cake.

Posted by: Oldcat at June 13, 2024 03:32 PM (eoQWY)

111 I'm afraid to ask what camel meat is like.

Posted by: Wolfus Aurelius
---
Live or dead?

Posted by: Kamala at June 13, 2024 03:32 PM (krQz2)

112 BUY REMNIBI

Posted by: Jim Cramer - Investment Pro and Media Personality at June 13, 2024 03:32 PM (v0R5T)

113 Tell me again

What Norms have been restored you drooling window licking mewling quim NeverTrumpers?

Posted by: Anna Puma at June 13, 2024 03:33 PM (xrAlj)

114 I don't think it can.
Posted by: Yudhishthira's Dice at June 13, 2024 03:31 PM (0FoWg)

They used to fear our gunboats because they were fearsome war assets.

Now they fear them because any one of them could take out a causeway or a small ferry boat at any moment.

Posted by: Warai-otoko at June 13, 2024 03:33 PM (BpZ5k)

115 Ostrich and emu are really quite tasty... red meat, cook it just like beef, rare, medium rare totally fine.
Posted by: tubal at June 13, 2024

***
Limu better look out, then, if we're ever stranded on a desert island.

Posted by: Doug from Liberty Mutual at June 13, 2024 03:33 PM (J2vNu)

116 80 I'm afraid to ask what camel meat is like.
Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:25 PM (J2vNu

Less tasty than camel toes...

Posted by: Stateless at June 13, 2024 03:33 PM (jvJvP)

117 Elon Musk @elonmusk 13h
Both Tesla shareholder resolutions are currently passing by wide margins!

♥️♥️ Thanks for your support!! ♥️♥️

Greg Abbott @GregAbbott_TX 11h
Congrats Elon on getting the pay you were promised and on your new incorporation in Texas.

Welcome to a state that has neither a personal nor a corporate income tax.

Posted by: andycanuck (ZdexC) at June 13, 2024 03:33 PM (ZdexC)

118 Thought Chinese money was called yuan.

Posted by: tubal at June 13, 2024 03:33 PM (PCK5/)

119 "This didn't happen, and it's good that it happened. Also, any negative consequences of this happening are misinformation."

The Conservative Case for Ending the Petrodollar Agreement

Posted by: Unknown Drip Under Pressure at June 13, 2024 03:33 PM (0Y1Ss)

120 It comes down to whether the Chesapeake Bay Monkeypox Social Club can still strongarm everyone into paying up. I don't think it can.

Posted by: Yudhishthira's Dice at June 13, 2024 03:31 PM (0FoWg)

I do *not* want to be on their newsletter list!

Posted by: pookysgirl, grossed out at June 13, 2024 03:33 PM (dtlDP)

121 he could presumably mitigate the effect on us by making the dollar strong so that most would continue to use it, but they can't play fiscal games with money and use it as a club to beat other countries like before.
Posted by: Oldcat at June 13, 2024 03:27 PM (eoQWY)

-----------------

Trump is going all in on cryptocurrency. With the crypto guys backing him I wonder if international transactions with the Federal government could eventually be settled in Bitcoin.

Posted by: MAGA_Ken at June 13, 2024 03:33 PM (yvQq1)

122 [O/T -- Breitbart headline -- from the "You can't make this shit up" universe and Babylon Bee-worthy:]

Report: Joe Biden Says Hunter Is Victim of Weaponized System of Justice

Posted by: ShainS -- Make Mean Tweets Great Again! at June 13, 2024 03:34 PM (zWRSg)

123 Yup, SWIFT is another regime shakedown that just catastrophically failed to work anymore. Petrodollar is another. These are starting to snowball - the world is starting to tell the Mafia dons on the Potomac that they won't pay the weeklies. It comes down to whether the Chesapeake Bay Monkeypox Social Club can still strongarm everyone into paying up. I don't think it can.
Posted by: Yudhishthira's Dice at June 13, 2024 03:31 PM (0FoWg)

Strongarm with what? All our reserve military arms is wasted in Ukraine or prepping to be wasted in Taiwan. In either case our industry doesn't have the ability to fight even a short war.

Posted by: Oldcat at June 13, 2024 03:34 PM (eoQWY)

124 Daily Mail: EXCLUSIVEPentagon official reveals tantalizing seven-minute encounter with glowing blue UFO - which emitted enough energy to 'power a small city'

https://tinyurl.com/ts4t3dtd
Posted by: Robert

A whole lot of people are going to owe a whole lot of other people an apology for denying ufo's.

Posted by: rickb223 at June 13, 2024 03:35 PM (9eII4)

125 I see more and more of the original rainbow flags flying this year. No black and brown stripes and none of the pink and baby blue bs.

Maybe Betsy Ross just got pissed off with all the revisions.

Posted by: Cicero (@cicero43) at June 13, 2024 03:35 PM (guGkK)

126 I'm afraid to ask what camel meat is like.
Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:25 PM (J2vNu)
------------
Apparently pretty loathly, according to a co-worker who was stationed in Qatar.
Posted by: Captain Obvious, Laird o' the Sea, Radioactive Knight at June 13, 2024 03:27 PM (hYDNe)
__________

It's fairly tasty. Surprisingly lean. I thought it tasted like lamb. I had a nice cut that was well-prepared, though.

Posted by: Elric Blade at June 13, 2024 03:35 PM (iFTx/)

127 I'm afraid to ask what camel meat is like.

Posted by: Wolfus Aurelius
---
Live or dead?
Posted by: Kamala at June 13, 2024

***
If I'm ever in a desert endurance race and need a mount who'll survive it, I'll take a live one. Otherwise, quite dead and properly carved, thank you.

Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:35 PM (J2vNu)

128 A grain of gold is higher than the US dollar.
Posted by: rickb223 at June 13, 2024 03:24 PM (9eII4)

and it is still undervalued because it is being manipulated, both here and in Europe.

If you have a pile of marbles and a pile of IOUs for marbles, then when you come to settle the accounts and you find your IOUs are greater than your reserve of marbles, you get to divide the number of marbles by the number of IOUd marbles and that is what each IOU is worth.
It doesn't matter what Tommy or Mikey thinks they are worth. However if Tommy and Mikey are still holding out the hope that they will get full reimbursement for their IOUs in spite of having a good idea of the size of the pile of marbles, they have a good reason to keep playing along with the charade. That is where we are right now.

Posted by: Kindltot at June 13, 2024 03:35 PM (D7oie)

129 "This didn't happen, and it's good that it happened. Also, any negative consequences of this happening are misinformation."
---
And if any effect is obviously bad, you can blame Trump and Republican for not funding something.

Posted by: Axeman at June 13, 2024 03:35 PM (krQz2)

130 I'm afraid to ask what camel meat is like.
Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:25 PM (J2vNu)
------------
Apparently pretty loathly, according to a co-worker who was stationed in Qatar.
Posted by: Captain Obvious, Laird o' the Sea, Radioactive Knight at June 13, 2024

***
Dear Qatari people:

You're supposed to take the hide off first.

Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:36 PM (J2vNu)

131 Less tasty than camel toes...
-------
So like fish??

Posted by: andycanuck (ZdexC) at June 13, 2024 03:36 PM (ZdexC)

132 Petrodollar? Pffft.
We have the Solardollar!

Posted by: wth at June 13, 2024 03:36 PM (v0R5T)

133 Daily Mail: EXCLUSIVEPentagon official reveals tantalizing seven-minute encounter with glowing blue UFO - which emitted enough energy to 'power a small city'

It was lucky for him that he had a voltage meter on him at the time.

Posted by: Cicero (@cicero43) at June 13, 2024 03:37 PM (guGkK)

134 Green Energy Revolution - Dead
Carbon Credits - Dead
Border Control - Dead
US-Saudi Currency Deal - Dead
US-Saudi Military Alliance - On Life Support
Abraham Accords - On Life Support
US Presence in Central Asia - LOLOLOL
US Energy Independence - Dead

Nice legacy, there, Dems. Thanks for the lies, the deceit, the incompetence, the threats, and the unabating corruption of our legal, monetary, and educational systems.

Bastards.

Posted by: mrp at June 13, 2024 03:37 PM (rj6Yv)

135 Thought Chinese money was called yuan.
Posted by: tubal at June 13, 2024 03:33 PM (PCK5/)

I think early in the war period China did some jiggery pokery to make an exchange currency isolated from some of the issues with the yuan for use in these trade deals to make countries holding it less afraid of what the CCP might do internally.

Posted by: Oldcat at June 13, 2024 03:37 PM (eoQWY)

136 Report: Joe Biden Says Hunter Is Victim of Weaponized System of Justice
Posted by: ShainS -- Make Mean Tweets Great Again! at June 13, 2024 03:34 PM (zWRSg)
---
The worst weaponized justice is when they expect DC legacies to follow the rules!

Posted by: Axeman at June 13, 2024 03:37 PM (krQz2)

137 It starts with a few deals here and there, and then the camel's nose is under the tent.

Posted by: BourbonChicken at June 13, 2024 03:37 PM (cf/0E)

138 Strongarm with what? All our reserve military arms is wasted in Ukraine or prepping to be wasted in Taiwan. In either case our industry doesn't have the ability to fight even a short war.

Posted by: Oldcat at June 13, 2024 03:34 PM

We don't have enough munitions to train with let alone get into a shooting war. We are in the exact same spot we put ourselves into back in 1916 and 1940. Military spending cut to the bone (except high profile boondoggles for congressional districts) and a military ignored for years.

Posted by: Mister Scott (Formerly GWS) at June 13, 2024 03:37 PM (QNSds)

139 @9

>>Heck I was deployed there a time or two myself in my 22 year military career.

The US has proven to be unreliable and fickle and will color revolution your ass if you do something they disagree with.

The bottom line is we are untrustworthy and there is no reason for any government to work with us.

This is going to hurt tremendously, since nations do not have to acquire US dollars to buy oil and oil contracts, there is no reason to acquire our increasingly worthless paper.

The ramifications of this disaster could topple the US financial system.

Posted by: Thomas Bender at June 13, 2024 03:37 PM (XV/Pl)

140 I posted about this yesterday. When money is printed back by nothing but the full faith and credit of a nation that cannot honor its debts, it is printing counterfeit money.

Suddenly we're at the same shithole level as the BRICS.

Posted by: Field Marshal Zhukov at June 13, 2024 03:37 PM (wBaIH)

141 As others have suggested, the biggest part of this is that SA, and other countries, no longer have to keep billions of US dollars on hand.

So, it's not a spike now, but it'll be a slow bleed as all those trillions around the world that were needed to settle payments, through a fee in our SWIFT system naturally, will be drawn down.

Stagflation will look like good times as those dollars "come home"
The stupid, petulant policies to "stop" Russia will have decades-long negative repercussions akin to ceding Iran to the mullahs.

Posted by: People's Hippo Voice at June 13, 2024 03:38 PM (U92EF)

142
Waiting until tomorrow's Peter Zeihan YouTube post to know what to believe.

Posted by: Auspex at June 13, 2024 03:38 PM (j4U/Z)

143 And it all started because Vicki Newland and her ilk thought that you could collapse Russia by forbidding them to use that exchange system to pay their bills and trade their goods. Once that failed she had an unwinnable war on her hands. Like how stupid do you have to think you can do this to a nation with so many resources as Russia does? They could have gone back to barter and survived.
Posted by: Oldcat at June 13, 2024 03:25 PM (eoQWY)

They are currently working on a 10 year(!) deal to launder copious amounts of US money through Ukraine. So we got that going for us.

Posted by: DaisyB at June 13, 2024 03:38 PM (AbL8c)

144 What hump??

Posted by: igor in a saudi restaurant at June 13, 2024 03:38 PM (ZdexC)

145 I see more and more of the original rainbow flags flying this year. No black and brown stripes and none of the pink and baby blue bs.

Posted by: nurse ratched at June 13, 2024 03:28 PM (W2Pud)
______________

Black and brown presumably signify races/ethnicities, but what does pink and blue signify? Just women and men, or is there more to it than that?

Posted by: Deplorable Jay Guevara at June 13, 2024 03:38 PM (YqDXo)

146 Tell me again

What Norms have been restored you drooling window licking mewling quim NeverTrumpers?
Posted by: Anna Puma
.......

fat guy at the bar is drinking all day again.

Posted by: wth at June 13, 2024 03:39 PM (v0R5T)

147 I mean, I don't understand it.

Hunter didn't obey the laws against crack. He didn't obey the laws against hookers. Or the Foreign registration act.

All of a sudden, he's got to obey laws?!!

Make up your mind!

Posted by: President Charlie Foxtrots at June 13, 2024 03:39 PM (krQz2)

148 Democrats know they're toast in Nov, so they're going to do everything to destroy America and make it nearly impossible for Trump to fix, then in 2028 they'll try to blame him and Republicans for the shit economy they created.

I hope when he comes back in to office we do get new and vindictive Trump, instead of the generally passive one who was lead around by all the liberal Republicans he surrounded himself with. Tear down everything Democrats did, gut every leftwing program they spent trillions on, and actually run the country in a way that helps its citizens.

Posted by: Rbastid at June 13, 2024 03:39 PM (/s/AA)

149 Shitting BRICS??

Posted by: andycanuck (ZdexC) at June 13, 2024 03:39 PM (ZdexC)

150 gnats local 678,

Those WSJ letter writers are just precious.

Posted by: Puddleglum in Pennsytucky at June 13, 2024 03:39 PM (/Djer)

151 Chesapeake Bay Monkeypox Social Club?

Sub of the Lincoln Project MAP Club?

Posted by: Anna Puma at June 13, 2024 03:40 PM (xrAlj)

152 AP: Milei’s radical overhaul passes Argentina’s Senate after protesters clash with police

https://tinyurl.com/h853cdch

Leftists resort to violence in order to get their way.

Posted by: Robert at June 13, 2024 03:40 PM (q1CWY)

153 I see more and more of the original rainbow flags flying this year. No black and brown stripes and none of the pink and baby blue bs.

Posted by: nurse ratched at June 13, 2024 03:28 PM (W2Pud)
______________

Black and brown presumably signify races/ethnicities, but what does pink and blue signify? Just women and men, or is there more to it than that?
Posted by: Deplorable Jay Guevara at June 13, 2024 03:38 PM (YqDXo)
________

Doesn't the black and brown symbolize the human excrement they rub all over themselves and eat?

Posted by: Elric Blade at June 13, 2024 03:40 PM (iFTx/)

154 The syndicate makes the profit. And everybody has a share.

Posted by: Milo Minderbinder at June 13, 2024 03:40 PM (aD39U)

155 @134

>>Nice legacy, there, Dems. Thanks for the lies, the deceit, the incompetence, the threats, and the unabating corruption of our legal, monetary, and educational systems.

And because they control enough voting apparatus and have a nation wide ballot harvesting operation, we can't vote them out.

It also helps that "opposition" is a goofball, illegitimate rump party.

In short, we're f**ked, proper f**ked.

Posted by: Thomas Bender at June 13, 2024 03:40 PM (XV/Pl)

156 posted about this yesterday. When money is printed back by nothing but the full faith and credit of a nation that cannot honor its debts, it is printing counterfeit money. ...
Posted by: Field Marshal Zhukov at June 13, 2024 03:37 PM (wBaIH)
++++
Unbacked emission of currency is counterfeiting.

The only question is "how long can you get away with counterfeiting?"

For us, the answer was "a long damn time, thanks to international trade flows, the petrodollar and the security umbrella."

The answer is never, "forever."

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:41 PM (d04cU)

157 As some African put it, when they deal with China, they get infrastructure; when they deal with us, they get a gay pride lecture. Folks are no doubt happy to take spare pallets of cash, but they despise us and won't actually work with us. And it's hard to argue they should see things differently.

Posted by: Where's That Commenter at June 13, 2024 03:41 PM (F/oxI)

158 Doesn't the black and brown symbolize the human excrement they rub all over themselves and eat?

Posted by: Elric Blade at June 13, 2024 03:40 PM (iFTx/)
---
Nope.

"Black and brown people".

So, as I said upthread: they hate PoC.

Posted by: Axeman at June 13, 2024 03:41 PM (krQz2)

159
And it all started because Vicki Newland and her ilk thought that you could collapse Russia by forbidding them to use that exchange system to pay their bills and trade their goods. Once that failed she had an unwinnable war on her hands. Like how stupid do you have to think you can do this to a nation with so many resources as Russia does? They could have gone back to barter and survived.
Posted by: Oldcat at June 13, 2024 03:25 PM (eoQWY)

Russia's adversaries over the centuries have made the same mistake "Russia is about to collapse, it just needs a little nudge". Never mind the fact that Russians have a cultural thing of being able to withstand a huge amount of hardship without losing their national character.

Basically you can keep the Russians down, but they'll never be out.

Posted by: IllTemperedCur at June 13, 2024 03:42 PM (n+4am)

160 I do *not* want to be on their newsletter list!
Posted by: pookysgirl, grossed out at June 13, 2024 03:33 PM (dtlDP)

Easy: don't subscribe to any American publication.

Posted by: Yudhishthira's Dice at June 13, 2024 03:42 PM (0FoWg)

161 We don't have enough munitions to train with let alone get into a shooting war. We are in the exact same spot we put ourselves into back in 1916 and 1940. Military spending cut to the bone (except high profile boondoggles for congressional districts) and a military ignored for years.
Posted by: Mister Scott (Formerly GWS) at June 13, 2024 03:37 PM (QNSds)

its worse. At least pre-war with the low budgets the Army and Navy planned for wars, designed weapons that were reliable and serviceable and movable to distant shores and studied the logistic needs of a war.

These the Pentagon is just a few percent less foolish about war and procurement than those running the government, which is something.

Posted by: Oldcat at June 13, 2024 03:42 PM (eoQWY)

162 "Strongarm with what? All our reserve military arms is wasted in Ukraine or prepping to be wasted in Taiwan. In either case our industry doesn't have the ability to fight even a short war."

But the rest of NATO will always come to our aid, since we have been there for them ... right? And then we have The Quad in SE Asia ... all is well?

Posted by: illiniwek at June 13, 2024 03:43 PM (Cus5s)

163 Russians are used to being miserable.

Just read their literature.

Posted by: Anna Puma at June 13, 2024 03:44 PM (xrAlj)

164 Easy: don't subscribe to any American publication.
Posted by: Yudhishthira's Dice at June 13, 2024 03:42 PM (0FoWg)

Fret not.

Waraiotoko Weekly is incorporated in Vanuatu.

Posted by: Warai-otoko at June 13, 2024 03:44 PM (BpZ5k)

165 Need to start hoarding shopping carts, to buy bread, now.

Posted by: Axeman at June 13, 2024 03:44 PM (krQz2)

166 Russia's adversaries over the centuries have made the same mistake "Russia is about to collapse, it just needs a little nudge". Never mind the fact that Russians have a cultural thing of being able to withstand a huge amount of hardship without losing their national character. ...
Posted by: IllTemperedCur at June 13, 2024 03:42 PM (n+4am)
++++
In this particular case of Siluanov saving the Ruble, it depended entirely on two things:
1. Gold reserves
2. Trust

We do not really have that second item anymore. He did. His high-stakes gamble to essentially launder the Ruble through gold to arrest the collapse of the currency depended selling a *lot* of Russian gold to the Russian people, and a *lot* of Russian people buying that gold an unfavorable prices. It hinged on trust in both directions - that the people wouldn't expatriate the gold, and that the government wouldn't expropriate it or forbid its trade internally after hoovering Rubles out of the system.

Would you trust the Department of the Treasury or the Federal Reserve if they tried the same play?

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:45 PM (d04cU)

167 Shitting bricks.
Reminds me of an Australian movie, where this guy is in jail as the cops excitedly wait for him to shit out the drugs.

Posted by: Humphreyrobot at June 13, 2024 03:45 PM (J8LnB)

168 Hello Zimbabwe
Goodbye Sheboygan

Posted by: Anna Puma at June 13, 2024 03:45 PM (xrAlj)

169 Shitting bricks.
Reminds me of an Australian movie, where this guy is in jail as the cops excitedly wait for him to shit out the drugs.
Posted by: Humphreyrobot at June 13, 2024 03:45 PM (J8LnB)
---
Heh. There's an old South Park episode where Cartman is sentenced to juvie hall. His cellmate waits for him to shit out Disneyland (seriously.)

Posted by: "Perfessor" Squirrel at June 13, 2024 03:46 PM (7fElN)

170 Would you trust the Department of the Treasury or the Federal Reserve if they tried the same play?
Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:45 PM (d04cU)

We do that with bits of fucking paper.

And in most cases the bit of paper is entirely imaginary. They just say "pretend there's a bit of paper".

Posted by: Warai-otoko at June 13, 2024 03:46 PM (BpZ5k)

171 One thing you all may not know about crypto is there are several projects working on instantaneous, cross-border transactions with low to no fees.

SWIFT was dead even without FAFO in Russia.

Now Saudi is free to accept billions from e.g. North Korea-- and we can't trace it.

Oh, and Marc Rich et al are giddy now.

Posted by: People's Hippo Voice at June 13, 2024 03:46 PM (U92EF)

172 It's about forcing the entire planet to soak up our ludicrous inflation and profligate fiscal policies if they want to keep the lights on.
Posted by: Yudhishthira's Dice at June 13, 2024 03:24 PM (0FoWg)

the last time this happened was when the Yuan dynasty's fiat currency collapsed, when everyone realized it was not redeemable. The currency was used throughout Asia and Central Asia, so a lot of it could be paid out to the end of no where before it was recognized as worthless.

Chinese paper money is interesting, it originated during the Song dynasty as a form of negotiable warehouse bond, which developed into a commodity backed note, and then was developed into a redeemable silver note under the Mongols or Yuan dynasty. Under the needs of warfare and government expansion they turned it into a fiat currency, which collapsed taking the market economies of Asia with it.

Posted by: Kindltot at June 13, 2024 03:47 PM (D7oie)

173 I am really boring about fiat, and I go on and on and on and on and on . . . .

Sowwy. My fault.

Posted by: Kindltot at June 13, 2024 03:47 PM (D7oie)

174 They are currently working on a 10 year(!) deal to launder copious amounts of US money through Ukraine. So we got that going for us.
Posted by: DaisyB at June 13, 2024 03:38 PM (AbL8c)

Odds are most of Ukraine goes down long before that - it may still be impossible in the new war system to put columns of tanks and trucks and sprint over the country like before but Russia keeps advancing with moderate cost while blasting anyone lined up against them. And they have started extending the line into new areas that Ukraine embezzled the money for building fortifications away, so when they send men to defend the area the artillery / drones / bombs and missiles have a field day.

At some point Ukr will grow weak enough that the creeping can move faster and faster with fewer pauses.

Posted by: Oldcat at June 13, 2024 03:48 PM (eoQWY)

175 I wouldn't trust Janet Yellen to babysit a cat.

Posted by: wth at June 13, 2024 03:48 PM (v0R5T)

176 The US has proven to be unreliable and fickle and will color revolution your ass if you do something they disagree with.

The bottom line is we are untrustworthy and there is no reason for any government to work with us.

This is what universal suffrage gets you.

Posted by: Cicero (@cicero43) at June 13, 2024 03:48 PM (guGkK)

177
Day 1: The conviction of Hunter Biden proves that the Justice System (that hates black people) is fair!

Day 2: ... And something must be done about this!

Posted by: Axeman at June 13, 2024 03:48 PM (krQz2)

178 87 Daily Mail: EXCLUSIVEPentagon official reveals tantalizing seven-minute encounter with glowing blue UFO - which emitted enough energy to 'power a small city'

https://tinyurl.com/ts4t3dtd
Posted by: Robert at June 13, 2024 03:28 PM (qulQk)

This situation calls for a strong, experienced leader!

Posted by: I am the Shadout Mapes, Dennis Kucinich 2024! at June 13, 2024 03:48 PM (PiwSw)

179 We do that with bits of fucking paper.

And in most cases the bit of paper is entirely imaginary. They just say "pretend there's a bit of paper".
Posted by: Warai-otoko at June 13, 2024 03:46 PM (BpZ5k)
++++
Sort of. The chits are real. I can do with them whatever the hell I please.

What Russia did is say, "we need to reduce the number of chits, so we need *you* to give your chits to us, so we can dump them into a furnace. In exchange for your chits, we'll give you gold. The price isn't very good - you're going to overpay - but it'll work and everything will come out as a wash or even a modest improvement for you once we're done because the market is going to unlock and the currency will survive."

That's a ballsy play, and a hard sell. It requires bidirectional trust *and* respect.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:49 PM (d04cU)

180 I, for one, welcome our new alien overlords.

Posted by: Warai-otoko at June 13, 2024 03:49 PM (BpZ5k)

181 "The dollar will be worthless!"
- everyone who can see what's going on.

"Yes, but we will have more than you"
-- Uniparty

Posted by: People's Hippo Voice at June 13, 2024 03:49 PM (U92EF)

182 Some world leader is going to have to spill the beans on Joey's dementia, right? The embarrassment is spilling over on to them as well as they play along.

Posted by: InZona at June 13, 2024 03:49 PM (peFv8)

183 Nice legacy, there, Dems. Thanks for the lies, the deceit, the incompetence, the threats, and the unabating corruption of our legal, monetary, and educational systems.

Bastards.
Posted by: mrp at June 13, 2024 03:37 PM (rj6Yv)

Hey! Don't forget us!

Posted by: GOPe and NT at June 13, 2024 03:50 PM (0eaVi)

184 Daily Mail: EXCLUSIVEPentagon official reveals tantalizing seven-minute encounter with glowing blue UFO - which emitted enough energy to 'power a small city'

https://tinyurl.com/ts4t3dtd
Posted by: Robert at June 13, 2024 03:28 PM (qulQk)

I tried to make some sense of the article. Apparently this astonishing flying machine completely messes up any electronic device you're trying to record video of it with.

Quite remarkable.

Posted by: spindrift at June 13, 2024 03:50 PM (OguvZ)

185 If you thought inflation was bad now, wait until this plays out.

Posted by: Thomas Paine at June 13, 2024 03:50 PM (lTGtQ)

186 PJM: Pull the Alarm! Jamaal Bowman Appears Headed for Primary Defeat

https://tinyurl.com/3z6a7435

So sad.

Via Insty.

Posted by: Robert at June 13, 2024 03:50 PM (Dajbx)

187 Seriously, I would take a hereditary monarchy over the shitshow we have now.

Posted by: Cicero (@cicero43) at June 13, 2024 03:51 PM (guGkK)

188 Hint: the 'S'

Posted by: BRICS at June 13, 2024 03:52 PM (lCA8w)

189 Some world leader is going to have to spill the beans on Joey's dementia, right? The embarrassment is spilling over on to them as well as they play along.
Posted by: InZona
------

I will do this.

Posted by: Serdar Gurbanguly�ewi� Berdimuhamedow, Pres. of Turkmenistan at June 13, 2024 03:52 PM (XeU6L)

190 I see Joe's in Europe embarrassing us again

Posted by: It's me donna at June 13, 2024 03:52 PM (Akjoo)

191 Seriously, I would take a hereditary monarchy over the shitshow we have now.
Posted by: Cicero (@cicero43) at June 13, 2024 03:51 PM (guGkK)

*puts hand cream on todger in celebration*

I accept.

Posted by: Prince Sparey at June 13, 2024 03:52 PM (OguvZ)

192 187 Yes. Give me King Harv any day.

Posted by: Bulgaroctonus at June 13, 2024 03:52 PM (v6JzV)

193 Would you trust the Department of the Treasury or the Federal Reserve if they tried the same play?

Not when they have been for years talking about raiding personal .401k accounts to satisfy the defined benefit pension funds for retirees of unions both public and private.

Given the weaponization of the system, they would probably stage door-to-door SWAT raids for people who don't vote correctly.

Posted by: Unknown Drip Under Pressure at June 13, 2024 03:52 PM (0Y1Ss)

194 Bowman's replacement will just as bad or worse.

Posted by: Mr Aspirin Factory, deplorable clown at June 13, 2024 03:53 PM (qZEuM)

195 I tried to make some sense of the article. Apparently this astonishing flying machine completely messes up any electronic device you're trying to record video of it with.

Hmm. Just like Nessie reduces the resolution of every camera used to photograph her.

Posted by: Cicero (@cicero43) at June 13, 2024 03:53 PM (guGkK)

196 I see Joe's ~~in Europe~~ embarrassing us again
Posted by: It's me donna at June 13, 2024 03:52 PM (Akjoo)
++++
Made it universal for you.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:53 PM (d04cU)

197 In this particular case of Siluanov saving the Ruble, it depended entirely on two things:
1. Gold reserves
2. Trust

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:45 PM (d04cU)

Gold reserves helped, but even without those I contend that the vast mineral and grain and oil/gas product Russia has meant that some deal could be made to keep them going in exchange for a sweetheart price in the future. Output of actual real things is what money is representing.

Posted by: Oldcat at June 13, 2024 03:53 PM (eoQWY)

198 Maybe Joe can send Jake to workout some sort of petrol deal with those cannibals down in New Guinea?

Posted by: Rex B at June 13, 2024 03:53 PM (csvZG)

199 Mentioned yesterday I was hoping someone was working on contacting Space Aliens.
Buy don't give me a story enough energy for a small city and it's in way north Canada and not enough people in a thousand Square miles

Posted by: Skip at June 13, 2024 03:54 PM (fwDg9)

200 The Federalist: Ignore The Polls. Republicans Have A Major Voter Turnout Problem

https://tinyurl.com/yckywxrm

Posted by: Robert at June 13, 2024 03:54 PM (Dajbx)

201 Maybe Joe can send Jake to workout some sort of petrol deal with those cannibals down in New Guinea?
Posted by: Rex B at June 13, 2024 03:53 PM (csvZG)

It's the least they can do after eating Potatohead's uncle.

Posted by: Cicero (@cicero43) at June 13, 2024 03:54 PM (guGkK)

202 Sidebar:
---
Yay! Heroic genius scientists at NASA achieve the impossible and lift new "intersex progress" gay flag to astonishing altitude of 40 feet
---
If they can put a man on the Moon, they can fly the perv flag higher!

Posted by: Axeman at June 13, 2024 03:54 PM (krQz2)

203 198 Maybe Joe can send Jake to workout some sort of petrol deal with those cannibals down in New Guinea?
Posted by: Rex B at June 13, 2024 03:53 PM (csvZG

They owe it to Joe for eating Uncle Bosey

Posted by: It's me donna at June 13, 2024 03:54 PM (Akjoo)

204 Hint: the 'S'

South Africa?

Posted by: Unknown Drip Under Pressure at June 13, 2024 03:54 PM (0Y1Ss)

205 The USA has effectively enjoyed a global free loan for decades which our shit-for-brains Federal government, in part, has used to run up the national debt to unprecedented levels in all of human history.

The sweetheart Petro Dollar deal with the Saudis was central to all this and FJB capitulating to the Woke Gaia idiots and their push to trash petroleum, trashing the Saudis in general and personally, by favoring Iranian Shiites over the Saudi lead Sunni world, and getting us in to undeclared war with Russia that triggered the BRICS agreement, well, paraphrasing Big Barry, there is no limit to what to FJB can fuck up.

This mean spirited and stupid man, now with the added juice of complete dementia, in less than four years, has the nation on the verge of collapse and set the stage for the rise of China. Start working on your Mandarin and how to behave as a conquered colony. To quote those sublime poets of Rock and Roll, AD/DC, "we are on a highway to hell."

Posted by: Alteria Pilgram at June 13, 2024 03:54 PM (K89t5)

206 I, for one, welcome our new alien overlords.
Posted by: Warai-otoko
.......

Gotta be better than what we have now.

Posted by: wth at June 13, 2024 03:54 PM (v0R5T)

207 Yes. Give me King Harv any day.
----
At least everyone will have coffee.

Posted by: andycanuck (ZdexC) at June 13, 2024 03:55 PM (ZdexC)

208 Imagine observing Current Year as an alien species that reproduces asexually...

Posted by: Warai-otoko at June 13, 2024 03:55 PM (BpZ5k)

209 So, as a thought experiment, I wondered which would be better:

Paying off $1,000 extra on a mortgage every month or hoarding that for a year and then recasting the mortgage every year down $12,000.

I wasn't sure which would turn out better, but I assumed the recast because you'd be paying less every month over time. I even assumed that the difference between the old payment and the new payment would go to the recast amount at the end of the year.

So, which is better?

It's not even close: the $1,000 every month is a whole lot better. The loan gets done nearly 7 years earlier and costs $100,000 less in interest.

I thought I'd screwed up, so I dug into my formulas and the standard ways that recasting is calculated. I did it right.

The problem is that with the every month practice, you increase your principle payment at a faster schedule, but with the recast, you actually go backwards in what you pay monthly into the principle every year, needing to make up ground over a few months.

Just another example of the overall payment not being everything, but it was an interesting thought experiment anyway.

Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 03:55 PM (GBKbO)

210 This blonde in her underwear has never heard of the "petrodollar" and has no idea what it means, but her husband seems worried about it:
http://tiny.cc/3h6lyz

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:55 PM (d04cU)

211 200 The Federalist: Ignore The Polls. Republicans Have A Major Voter Turnout Problem

https://tinyurl.com/yckywxrm
Posted by: Robert at June 13, 2024 03:54 PM (Dajbx)

=======

Ballots don't get polled.

Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 03:56 PM (GBKbO)

212 208 Imagine observing Current Year as an alien species that reproduces asexually...
Posted by: Warai-otoko at June 13, 2024 03:55 PM (BpZ5k)

Where's the fun in that ?

Posted by: It's me donna at June 13, 2024 03:56 PM (Akjoo)

213 Yes. Give me King Harv any day.
----
At least everyone will have coffee.
Posted by: andycanuck (ZdexC) at June 13, 2024 03:55 PM (ZdexC)
---
Including those who don't like coffee.

It will be mandatory.

Posted by: Axeman at June 13, 2024 03:56 PM (krQz2)

214 Chinese paper money is interesting, it originated during the Song dynasty as a form of negotiable warehouse bond, which developed into a commodity backed note, and then was developed into a redeemable silver note under the Mongols or Yuan dynasty. Under the needs of warfare and government expansion they turned it into a fiat currency, which collapsed taking the market economies of Asia with it.

Posted by: Kindltot at June 13, 2024 03:47 PM (D7oie)

Thanks for the comment. It has convinced me that it's time for a re-reading of Forrest MacDonald's Alexander Hamilton biography. Hamilton's heroic and astounding accomplishment - establishing the US economic system from the financial rubble of the Revolution's war economy, was a historic achievement. MacDonald's book is sheer brilliance in its explanation of how Hamilton's vision became reality.

Posted by: mrp at June 13, 2024 03:56 PM (rj6Yv)

215 To quote those sublime poets of Rock and Roll, AD/DC, "we are on a highway to hell."
Posted by: Alteria Pilgram

"Money talks....BS walks..."

Posted by: Mr Aspirin Factory, deplorable clown at June 13, 2024 03:56 PM (qZEuM)

216 Imagine observing Current Year as an alien species that reproduces asexually...

Posted by: Warai-otoko at June 13, 2024 03:55 PM (BpZ5k)
---
What would be the raisin for that?

Posted by: Axeman at June 13, 2024 03:56 PM (krQz2)

217 Seriously, I would take a hereditary monarchy over the shitshow we have now.
Posted by: Cicero (@cicero43) at June 13, 2024 03:51 PM (guGkK)

The built-in advantage of a monarchy is that the government has a personal stake in stability going forward. There are ways for other governments to simulate that via shared cultural and ethical standards, but even back in Rome the system had to revert to an effective monarchy.

Posted by: Oldcat at June 13, 2024 03:57 PM (eoQWY)

218 This be why my idear of the FART Tube to capture Humin Greenhuose gases and than using that recycled gas to power elctricall planats while saving the world from Globill Warming.

FART Tubing....Lets Due It !!!!!!!!!!!!!!

Posted by: Mary Clogginstein from Brattleboro, Vt at June 13, 2024 03:57 PM (1t11C)

219 Gold reserves helped, but even without those I contend that the vast mineral and grain and oil/gas product Russia has meant that some deal could be made to keep them going in exchange for a sweetheart price in the future. Output of actual real things is what money is representing.
Posted by: Oldcat at June 13, 2024 03:53 PM (eoQWY)
++++
Ultimately, yes - production underpins everything. But the acute problem was a flood of useless Rubles that couldn't move anymore, which crushed its value. Those Rubles had to be repatriated, repatriated quickly, and sequestered to avoid a collapse. That collapse is what kicking them out of SWIFT was supposed to help achieve.

It failed.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:57 PM (d04cU)

220 I tried to make some sense of the article. Apparently this astonishing flying machine completely messes up any electronic device you're trying to record video of it with.

Quite remarkable.
Posted by: spindrift at June 13, 2024 03:50 PM (OguvZ)

Well, to be fair, every time you see a UFO, it's recorded by a guy named Booger. You can't expect quality work from someone with a name like that.

Posted by: OrangeEnt at June 13, 2024 03:58 PM (0eaVi)

221 Paradigm shift. You thought inflation was bad. You ain't seen nothing yet. Maby Jarod Bernstein can do a PP presentation and explain the ramifications to us rubes. Bullish on bullets, bullion and beans.

Posted by: Sock Monkey * hanging out at the corner of Sanity and Madness at June 13, 2024 03:58 PM (+qILM)

222 Limu better look out, then, if we're ever stranded on a desert island.
Posted by: Doug from Liberty Mutual at June 13, 2024 03:33 PM (J2vNu)

¡En cada barrio, un avestruz!

Posted by: Gen. Guillermo Garc�a Fr�as at June 13, 2024 03:58 PM (D7oie)

223 Yuan dynasty? You got dynasty.

Posted by: Axeman at June 13, 2024 03:58 PM (krQz2)

224 Limu better look out, then, if we're ever stranded on a desert island.
Posted by: Doug from Liberty Mutual at June 13, 2024 03:33 PM (J2vNu)

En cada barrio, un avestruz!

Posted by: Gen. Guillermo Garc�a Fr�as at June 13, 2024 03:58 PM (D7oie)

225 This blonde in her underwear has never heard of the "petrodollar" and has no idea what it means, but her husband seems worried about it:
http://tiny.cc/3h6lyz
Posted by: Joe Mannix (Not a cop!)
.......

He should be more worried about her hanging around the house dressed like that while he's at work.

Posted by: wth at June 13, 2024 03:59 PM (v0R5T)

226 The problem is that with the every month practice, you increase your principle payment at a faster schedule, but with the recast, you actually go backwards in what you pay monthly into the principle every year, needing to make up ground over a few months.

Just another example of the overall payment not being everything, but it was an interesting thought experiment anyway.
Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 03:55 PM (GBKbO)

Even taking your same payment and paying half every two weeks shaves almost a decade off your 30 year mortgage.

Posted by: Oldcat at June 13, 2024 03:59 PM (eoQWY)

227 187 Yes. Give me King Harv any day.
Posted by: Bulgaroctonus at June 13, 2024

***
Queen Elizabeth I or II, or Catherine the Great. (Maybe; I don't know too much aactual stuff about her.)

Posted by: Wolfus Aurelius, Dreaming of Elsewhere at June 13, 2024 03:59 PM (J2vNu)

228 Of all the disasters the Biden Junta engendered, this has the potential to be the most consequential for America.

It really is amazing, how everything the Biden crowd touches turns to absolute shit.

Posted by: Huck Follywood at June 13, 2024 03:59 PM (Z89do)

229 it may still be impossible in the new war system to put columns of tanks and trucks and sprint over the country like before

This isn't the 20 century anymore. War is 5th generation now.

Sovereign countries can fuck up the hell out of other nations and have culpable deniability. China has been working with the Uniparty and the CIA to take down the former US and they are so successful we can't get anybody to be able to point to who is calling the shots at the USG upper levels.

Posted by: Unknown Drip Under Pressure at June 13, 2024 03:59 PM (0Y1Ss)

230 >>> 124 Daily Mail: EXCLUSIVEPentagon official reveals tantalizing seven-minute encounter with glowing blue UFO - which emitted enough energy to 'power a small city'

https://tinyurl.com/ts4t3dtd
Posted by: Robert

A whole lot of people are going to owe a whole lot of other people an apology for denying ufo's.
Posted by: rickb223 at June 13, 2024 03:35 PM (9eII4)

I *told* you guys.

Posted by: Giorgio A. Tsoukalos at June 13, 2024 04:00 PM (llON8)

231 Presumably, the quid pro quo Saudi got from the petrodollar arrangement was protection from its neighboring savages. I guess that's not a concern any more?

Posted by: spindrift at June 13, 2024 04:00 PM (OguvZ)

232 Trump is going all in on cryptocurrency. With the crypto guys backing him I wonder if international transactions with the Federal government could eventually be settled in Bitcoin.
Posted by: MAGA_Ken at June 13, 2024 03:33 PM (yvQq1)

the problem is that crypto will do to the banks what email did to the USPS.
Either they refigure what a bank is good for, or they turn into the next USPS.

Posted by: Kindltot at June 13, 2024 04:00 PM (D7oie)

233
Start working on your Mandarin and how to behave as a conquered colony.

I thought China was reported to be on the verge of economic collapse as well?

Posted by: Bertram Cabot, Jr. at June 13, 2024 04:00 PM (63Dwl)

234 Mary is right !!!!!!!!!!!

Between Nadler's and Biden's Human Greenhouse they produce on a daily basis, this would power the nation for 10 years.

Posted by: Buster Hymandd at June 13, 2024 04:00 PM (Qfk4E)

235 It would entertain me if Saudi Arabia ended up the hegemon and wiped Iran off the map, and the WEF ended up going to war in the Middle East again.

Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 04:01 PM (GBKbO)

236 210 This blonde in her underwear has never heard of the "petrodollar" and has no idea what it means, but her husband seems worried about it:
http://tiny.cc/3h6lyz
Posted by: Joe Mannix (Not a cop!) at June

That is a Lululemon bikini should you wish to purchase one for a spouse.

Posted by: Piper at June 13, 2024 04:01 PM (/sySz)

237 187 Seriously, I would take a hereditary monarchy over the shitshow we have now.
Posted by: Cicero

All hail Meghan and Harry!

You WILL be scolded.

Posted by: Auspex at June 13, 2024 04:01 PM (j4U/Z)

238 Presumably, the quid pro quo Saudi got from the petrodollar arrangement was protection from its neighboring savages. I guess that's not a concern any more?

Posted by: spindrift at June 13, 2024 04:00 PM (OguvZ)
---
Plus, we're sending pallets of cash to their neighboring savages.

Posted by: Axeman at June 13, 2024 04:01 PM (krQz2)

239 Even taking your same payment and paying half every two weeks shaves almost a decade off your 30 year mortgage.
Posted by: Oldcat at June 13, 2024 03:59 PM (eoQWY)
++++
Paying more than the minimum makes a way bigger difference the earlier its done in the loan. At the beginning, most of it is interest and every extra penny toward principal reduces the total final interest burden a lot.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 04:01 PM (d04cU)

240 Joe she looks nice

Posted by: Skip at June 13, 2024 04:02 PM (fwDg9)

241 So, which is better?

It's not even close: the $1,000 every month is a whole lot better. The loan gets done nearly 7 years earlier and costs $100,000 less in interest.

I thought I'd screwed up, so I dug into my formulas and the standard ways that recasting is calculated. I did it right.

The problem is that with the every month practice, you increase your principle payment at a faster schedule, but with the recast, you actually go backwards in what you pay monthly into the principle every year, needing to make up ground over a few months.

Just another example of the overall payment not being everything, but it was an interesting thought experiment anyway.

Posted by: TheJamesMadison

I have been doing almost this exact same thing for the past 5 years and we have turned our 30 year mortgage into a 10 year mortgage. I put an extra $2,000 a month towards the principle since I started drawing my social security. Our mortgage will be done next December and we will have saved over $137,000 in interest on the loan. And that is with a 3.25% rate.

Posted by: Mister Scott (Formerly GWS) at June 13, 2024 04:02 PM (QNSds)

242 Presumably, the quid pro quo Saudi got from the petrodollar arrangement was protection from its neighboring savages.

Not that we had anything to do with those savages!

Posted by: The CIA at June 13, 2024 04:02 PM (D5SRX)

243 Berdimuhamedow gets a bad rap. Sure - he's a batshit crazy tyrant, no doubt about it. But he's a regular Calvin Coolidge by comparison to his predescessor Niyazov. THAT guy was a legit nutjob.

Posted by: Yudhishthira's Dice at June 13, 2024 04:02 PM (0FoWg)

244 Yuan dynasty? You got dynasty.
Posted by: Axeman
------

In Appalachianspeak: 'You'uns got dyn'sty '

Posted by: Mike Hammer, etc., etc. at June 13, 2024 04:02 PM (XeU6L)

245 Start working on your Mandarin and how to behave as a conquered colony.
---
I don't play the Mandarin!

Posted by: Lee at June 13, 2024 04:03 PM (krQz2)

246 Unless faster than light travel is possible, ( another term for Magic), the standard idea of UFO’S is not possible..

Posted by: tubal at June 13, 2024 04:03 PM (PCK5/)

247 239 Even taking your same payment and paying half every two weeks shaves almost a decade off your 30 year mortgage.
Posted by: Oldcat at June 13, 2024 03:59 PM (eoQWY)
++++
Paying more than the minimum makes a way bigger difference the earlier its done in the loan. At the beginning, most of it is interest and every extra penny toward principal reduces the total final interest burden a lot.
Posted by: Joe Mannix (Not a cop!) at June 13, 2024 04:01 PM (d04cU)

=======

The recast yearly method still pays it off 8 years early, but the $1000 a month pays it off 15 years early.

I just thought there might be advantages inherent in the lowered monthly payment through the recast which didn't play out like I thought, or at least at levels that I imagined they would.

Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 04:03 PM (GBKbO)

248 Presumably, the quid pro quo Saudi got from the petrodollar arrangement was protection from its neighboring savages. I guess that's not a concern any more?
Posted by: spindrift at June 13, 2024 04:00 PM (OguvZ)
++++
And stability. The USD is predictable as opposed to, say, the South African Rand. It is also reliable and can always be freely exchanged, converted, repatriated, etc. Those are tremendous benefits for cross-border transactions.

And ditching the petrodollar is an indication that the USD is no longer seen that way, at least not universally.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 04:03 PM (d04cU)

249 That collapse is what kicking them out of SWIFT was supposed to help achieve.

It failed.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:57 PM (d04cU)

---------------

Making Putin -- reportedly the richest ~~man~~ thief in the world -- vasty richer.

It's almost as if The Junta is funding both sides of the War in Ukraine -- not to mention both sides in the War on Israel. Almost.

Posted by: ShainS -- Make Mean Tweets Great Again! at June 13, 2024 04:04 PM (YdnOv)

250 I tried to make some sense of the article. Apparently this astonishing flying machine completely messes up any electronic device you're trying to record video of it with.

Hmm. Just like Nessie reduces the resolution of every camera used to photograph her.
Posted by: Cicero (@cicero43) at June 13, 2024 03:53 PM (guGkK)
---
The first episode of The X-Files taught me that UFOs can screw around with EM fields...

Posted by: "Perfessor" Squirrel at June 13, 2024 04:04 PM (7fElN)

251 confiscated citizen owned gold
took us off the gold standard
initiated the petro dollar
blew the petro dollar deal..

Drill Baby Drill !!!!!
Enviro weenies be damned!

Posted by: DCI inmate 77/79 at June 13, 2024 04:04 PM (7keno)

252 Presumably, the quid pro quo Saudi got from the petrodollar arrangement was protection from its neighboring savages. I guess that's not a concern any more?
Posted by: spindrift at June 13, 2024 04:00 PM (OguvZ)

Both Iran and the Saudis are in BRICS I believe which if not an alliance is at least something. But given that we can't drive off the Houthi from blocking the Red Sea I guess the Saudis wonder what the US can do to protect them regardless.

Posted by: Oldcat at June 13, 2024 04:04 PM (eoQWY)

253 Once upon a time, palace intrigue was confined to the palace.

Posted by: Warai-otoko at June 13, 2024 04:04 PM (BpZ5k)

254 241 And that is with a 3.25% rate.
Posted by: Mister Scott (Formerly GWS) at June 13, 2024 04:02 PM (QNSds)

=======

We had a 3% loan...once...

And then Dolley got that job offer...

Now it's 7%...

*weeps bitterly but manfully*

Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 04:04 PM (GBKbO)

255 200 The Federalist: Ignore The Polls. Republicans Have A Major Voter Turnout Problem

https://tinyurl.com/yckywxrm
Posted by: Robert at June 13, 2024 03:54 PM (Dajbx)

To some extent this is a problem. The GOP has been shockingly silent on what their platform will be for the 2024 elections. We can't trust them that they'll fall in line with Trump - presuming he wins. So why get out and vote for them? And vote for what issues they stand for?

Posted by: Our Country is Screwed at June 13, 2024 04:04 PM (N39Ws)

256 *VASTLY richer

Posted by: ShainS -- Make Mean Tweets Great Again! at June 13, 2024 04:04 PM (YdnOv)

257 The first episode of The X-Files taught me that UFOs can screw around with EM fields...
Posted by: "Perfessor" Squirrel at June 13, 2024 04:04 PM (7fElN)

You mean like a mirror does?

Posted by: Oldcat at June 13, 2024 04:04 PM (eoQWY)

258 Queen Elizabeth I or II, or Catherine the Great. (Maybe; I don't know too much aactual stuff about her.)
Posted by: Wolfus Aurelius, Dreaming of Elsewhere

I don't have much use for Catherine, honestly. Overthrew her husband, the legitimate heir, bad-mouthed him by claiming that he was not the father of her son (which he probably was), and then whored around for some 30-odd years. She also messed up her son. Filthy German whore.

Posted by: Bulgaroctonus at June 13, 2024 04:05 PM (v6JzV)

259 246 Unless faster than light travel is possible, ( another term for Magic), the standard idea of UFO’S is not possible..
Posted by: tubal at June 13, 2024 04:03 PM (PCK5/)

=======

I love generation ships as ideas.

Well, I mostly love them when they go wrong and crazy.

Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 04:05 PM (GBKbO)

260 Berdimuhamedow gets a bad rap. Sure - he's a batshit crazy tyrant, no doubt about it. But he's a regular Calvin Coolidge by comparison to his predescessor Niyazov. THAT guy was a legit nutjob.
Posted by: Yudhishthira's Dice
--------

It's difficult to know which is the more difficult, 'Berdimuhamedow', or 'Gurbanguly'.

I think that I can manage 'Gurbanguly'.

Posted by: Mike Hammer, etc., etc. at June 13, 2024 04:05 PM (XeU6L)

261 I am proud to announce the First Annual Gay Pride Day Event at the University of Hamas in Gaza City for this weekend. It is encouraged that all World Wide Gays attend and our guest Speaker will Yasser Arafat Jr. Free AK-47 Demonstrations and Hamas Towels for all attendees...

Posted by: University of Hamas, Gaza City at June 13, 2024 04:05 PM (qpLSv)

262 To some extent this is a problem. The GOP has been shockingly silent on what their platform will be for the 2024 elections. We can't trust them that they'll fall in line with Trump - presuming he wins. So why get out and vote for them? And vote for what issues they stand for?
Posted by: Our Country is Screwed at June 13, 2024 04:04 PM (N39Ws)

Getting the Dems out and stopping the bleeding is a perfectly valid platform.

Posted by: Oldcat at June 13, 2024 04:05 PM (eoQWY)

263 259 246 Unless faster than light travel is possible, ( another term for Magic), the standard idea of UFO’S is not possible..
Posted by: tubal at June 13, 2024 04:03 PM (PCK5/)

=======

I love generation ships as ideas.

Well, I mostly love them when they go wrong and crazy.
Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 04:05 PM (GBKbO)

Aurora was a good book..

Posted by: tubal at June 13, 2024 04:05 PM (PCK5/)

264 I *told* you guys.
Posted by: Giorgio A. Tsoukalos
------
Awiens!

Posted by: cute white kitten with fuzzy fur at June 13, 2024 04:05 PM (ZdexC)

265 "32 Not that big a deal. Currency is eminently tradeable so it does not really matter except for appearances. There are millions of other things to hammer the junta about that are more important than this.
Posted by: Earl Schlobodowicz at June 13, 2024 03:18 PM (P7Iz+)"

Except for the impact on the value of a dollar.

Posted by: Don at June 13, 2024 04:05 PM (2GPfT)

266 >>> 163 Russians are used to being miserable.

Just read their literature.
Posted by: Anna Puma at June 13, 2024 03:44 PM (xrAlj)

Reminds me of the meme I saw um, somewhere...

British Literature: I will die for honor
French Literature: I will die for love
American Literature: I will die for freedom
Russian Literature: I will die

Posted by: Helena Handbasket at June 13, 2024 04:05 PM (llON8)

267 Now i just hear John Derbyshire saying that name over and over....

Posted by: Warai-otoko at June 13, 2024 04:06 PM (BpZ5k)

268 262 Getting the Dems out and stopping the bleeding is a perfectly valid platform.
Posted by: Oldcat at June 13, 2024 04:05 PM (eoQWY)

=========

"You want to do what?!"
-The GOP Consultancy

Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 04:06 PM (GBKbO)

269 That is a Lululemon bikini should you wish to purchase one for a spouse.
Posted by: Piper at June 13, 2024 04:01 PM (/sySz)

Ooh. Chasen would look just dreamy in it!

Posted by: Mayor Pete at June 13, 2024 04:06 PM (guGkK)

270 Unless faster than light travel is possible, ( another term for Magic), the standard idea of UFO’S is not possible..
Posted by: tubal
........

Then who ate the dinosaurs?

Posted by: wth at June 13, 2024 04:07 PM (v0R5T)

271 And more disastrous Joe from his press conference with Zelensky: https://tinyurl.com/w2j7vca3

Posted by: beckster at June 13, 2024 04:07 PM (GbGY3)

272 269 That is a Lululemon bikini should you wish to purchase one for a spouse.
Posted by: Piper at June 13, 2024 04:01 PM (/sySz)

Ooh. Chasen would look just dreamy in it!
Posted by: Mayor Pete at June 13, 2024 04:06 PM (guGkK)

Makes retching sound...

Posted by: It's me donna at June 13, 2024 04:07 PM (Akjoo)

273 That is a Lululemon bikini should you wish to purchase one for a spouse.
Posted by: Piper at June 13, 2024 04:01 PM (/sySz)
++++
Who's spouse? I'm disinclined to pay the Lululemon Tax regardless, but I'm definitely not doing it unless I know who's spouse is getting it...

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 04:07 PM (d04cU)

274 270 Unless faster than light travel is possible, ( another term for Magic), the standard idea of UFO’S is not possible..
Posted by: tubal
........

Then who ate the dinosaurs?
Posted by: wth at June 13, 2024 04:07 PM (v0R5T)

Morlocks, or the Nephilim…

Posted by: tubal at June 13, 2024 04:08 PM (PCK5/)

275 http://tiny.cc/3h6lyz
Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:55 PM (d04cU)

Charming young lass.

*Adjusts bowtie*

Posted by: Robert at June 13, 2024 04:08 PM (ScMNw)

276 I have been doing almost this exact same thing for the past 5 years and we have turned our 30 year mortgage into a 10 year mortgage. I put an extra $2,000 a month towards the principle since I started drawing my social security.
Posted by: Mister Scott (Formerly GWS) at June 13, 2024 04:02 PM (QNSds)

Looks at paychecks. No where near extra to double mortgage payment.

Posted by: Check to Checker at June 13, 2024 04:08 PM (0eaVi)

277 Not that big a deal. Currency is eminently tradeable so it does not really matter except for appearances. There are millions of other things to hammer the junta about that are more important than this.
Posted by: Earl Schlobodowicz at June 13, 2024 03:18 PM (P7Iz+)"

Except for the impact on the value of a dollar.

Posted by: Don at June 13, 2024 04:05 PM

Ask the British what happened to their currency after the end of WWII. We are going to see the same thing.

Posted by: Mister Scott (Formerly GWS) at June 13, 2024 04:08 PM (QNSds)

278 Then who ate the dinosaurs?
Posted by: wth at June 13, 2024 04:07 PM (v0R5T)

In the last 5000 years of their existence dinosaurs became intelligent, invented nukes, and wiped themselves out.

That's my theory anyway.

Posted by: Cicero (@cicero43) at June 13, 2024 04:08 PM (guGkK)

279 And that is with a 3.25% rate.
Posted by: Mister Scott
--------

One of the most fortunate financial episodes in my life, was buying a house with a non-qualifying, assumable loan, at 3.25%. I had been renting the place for more that the loan payments (landlord liked to profit). Paid off the balance in maybe 5 years.

Posted by: Mike Hammer, etc., etc. at June 13, 2024 04:09 PM (XeU6L)

280 I don't have much use for Catherine, honestly. Overthrew her husband, the legitimate heir, bad-mouthed him by claiming that he was not the father of her son (which he probably was), and then whored around for some 30-odd years. She also messed up her son. Filthy German whore.
Posted by: Bulgaroctonus at June 13, 2024 04:05 PM (v6JzV)

He saved Freddy the Great from his own idiocy and taught Prussia that invading your neighbors for fun and profit was a great idea. Russia lost a lot of blood fixing up Europe from French and German dudes who followed his example up to 1945. Catharine was right.

Posted by: Oldcat at June 13, 2024 04:09 PM (eoQWY)

281 The Junta crashes from one stunning failure to another. Let me tell you why that's a good thing!

...next David French article.

Posted by: blake - semi lurker in marginal standing (tT6L1) at June 13, 2024 04:09 PM (tT6L1)

282 ||BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.||

Posted by: andycanuck (ZdexC) at June 13, 2024 04:09 PM (ZdexC)

283 The Junta crashes from one stunning failure to another. Let me tell you why that's a good thing!

...next David French article.
Posted by: blake - semi lurker in marginal standing (tT6L1) at June 13, 2024 04:09 PM (tT6L1)
++++
"The Conservative Case For the End of the World as We Know It"

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 04:10 PM (d04cU)

284 Reminds me of the meme I saw um, somewhere...

British Literature: I will die for honor
French Literature: I will die for love
American Literature: I will die for freedom
Russian Literature: I will die
Posted by: Helena Handbasket at June 13, 2024 04:05 PM (llON

---
That's good.

Posted by: Lee at June 13, 2024 04:10 PM (krQz2)

285 That is a Lululemon bikini should you wish to purchase one for a spouse.
Posted by: Piper at June 13, 2024 04:01 PM (/sySz)

Wasn't Lululemon sone kind of scam? I vaguely recall they got in big trouble for something.

Posted by: Robert at June 13, 2024 04:11 PM (ScMNw)

286 Then who ate the dinosaurs?
Posted by: wth at June 13, 2024 04:07 PM (v0R5T)

In the last 5000 years of their existence dinosaurs became intelligent, invented nukes, and wiped themselves out.

That's my theory anyway.
Posted by: Cicero (@cicero43) at June 13, 2024 04:08 PM (guGkK)

If you figure out a way for their bombs to have a lot of iridium in them you will have a great theory going.

Posted by: Oldcat at June 13, 2024 04:11 PM (eoQWY)

287 Greek literature: you will die

Posted by: Warai-otoko at June 13, 2024 04:11 PM (BpZ5k)

288 "The Conservative Case For the End of the World as We Know It"
Posted by: Joe Mannix (Not a cop!) at June 13, 2024 04:10 PM (d04cU)
---
"And I Feel Fine." -- R.E.M.

Posted by: "Perfessor" Squirrel at June 13, 2024 04:11 PM (7fElN)

289 Then who ate the dinosaurs?

Posted by: wth at June 13, 2024 04:07 PM (v0R5T)
---
Cthulhu.

Posted by: Axeman at June 13, 2024 04:11 PM (krQz2)

290 273

It was a neutral suggestion to the husbands of the horde. 😊 you are right to avoid the lulu price. I sell them, as you know, but there are a lot better options, better quality, etc. out there.

Posted by: Piper at June 13, 2024 04:12 PM (/sySz)

291 I find it odd that in those examples of alternatives to using US dollars, not once was the Russian ruble mentioned. Wouldn't the ruble be an obvious alternative? Aren't big petro deals already being made in rubles?

Posted by: Elric Blade at June 13, 2024 03:14 PM (iFTx/)
==
No - the ruble is worthless and always has been. And this is the problem. What do you replace the dollar with? BitCoin? Not enough of it, it is a limited scarce resource or so its backers say - hence its value.

Yuan? China? Yeah right. The Euro? Not a big enough circulation. The British Pound Sterling? There is a reason it no longer is the reserve currency.

It is the dollar, or a patchwork of individual regional deals, probably heavily in gold and other precious metals, which are not in enough quantity to really do the volume necessary.

Saudi's are just stuffing FJB's nose in it. If fate happens and Trump is victorious this will all go away. If Biden is re-elected, Saudi's will keep rattling the pans, but without a single place to go. Argentina will keep buying dollars.

Posted by: Black JEM at June 13, 2024 04:12 PM (GZYu7)

292 I think dinosaurs started the global warming because being reptiles they needed it

Posted by: Skip at June 13, 2024 04:12 PM (fwDg9)

293 He saved Freddy the Great from his own idiocy and taught Prussia that invading your neighbors for fun and profit was a great idea. Russia lost a lot of blood fixing up Europe from French and German dudes who followed his example up to 1945. Catharine was right.
Posted by: Oldcat

And then she joined right in with him in gobbling up Poland.

Posted by: Bulgaroctonus at June 13, 2024 04:12 PM (v6JzV)

294 I have always taken 15 year mortgages. The principal is higher than the interest starting with the first payment.

Posted by: Thomas Paine at June 13, 2024 04:13 PM (lTGtQ)

295 ||BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.||
Posted by: andycanuck (ZdexC) at June 13, 2024 04:09 PM (ZdexC)

Oh so the Saudis aren't in yet? Give it a few years. I saw some claim that some 80 countries want in.

Posted by: Oldcat at June 13, 2024 04:13 PM (eoQWY)

296 II thought the dinosaurs got wiped out by cavemen using them as household appliances.

There was a long multi-part documentary about it I saw as a kid.

Posted by: spindrift at June 13, 2024 04:13 PM (OguvZ)

297 285 That is a Lululemon bikini should you wish to purchase one for a spouse.
Posted by: Piper at June 13, 2024 04:01 PM (/sySz)

Wasn't Lululemon sone kind of scam? I vaguely recall they got in big trouble for something.
Posted by: Robert at June 13

You are thinking of Lu La Roe, a MLM that sold clothes.

Posted by: Piper at June 13, 2024 04:13 PM (/sySz)

298 Okay, this is pretty hilarious.

https://instapundit.com/653111/

Posted by: Robert at June 13, 2024 04:13 PM (ScMNw)

299
Dinosaurs built the pyramids.

Posted by: Frank Barone at June 13, 2024 04:13 PM (+oR7L)

300 Think of all that Salmonella the dinosaurs would've spread around. Yuck.

Posted by: Bulgaroctonus at June 13, 2024 04:14 PM (v6JzV)

301 Dinosaurs built the pyramids.

Posted by: Frank Barone at June 13, 2024 04:13 PM

Not with those pathetic little arms they didn't.

Posted by: Mister Scott (Formerly GWS) at June 13, 2024 04:14 PM (QNSds)

302 ... It is the dollar, or a patchwork of individual regional deals, probably heavily in gold and other precious metals, which are not in enough quantity to really do the volume necessary. ...
Posted by: Black JEM at June 13, 2024 04:12 PM (GZYu7)
++++
This is what it will wind up being. Not overnight, but eventually, as dedollarization proceeds.

The "basket of currencies" and "basket of commodities" concept. It won't be the IMF's "Special Drawing Right" (SDR), as much as they want it to be. It will be lots of "baskets" with some amount of overlap between them. It's less efficient that way than having a single settlement currency, but it's more robust and flexible.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 04:14 PM (d04cU)

303 Lululemon's scandal consisted of putting out a line of yoga pants that were *surprisingly* revealing when stretched in certain directions, IIRC.

Posted by: Cicero (@cicero43) at June 13, 2024 04:14 PM (guGkK)

304 He saved Freddy the Great from his own idiocy and taught Prussia that invading your neighbors for fun and profit was a great idea. Russia lost a lot of blood fixing up Europe from French and German dudes who followed his example up to 1945. Catharine was right.
Posted by: Oldcat

And then she joined right in with him in gobbling up Poland.
Posted by: Bulgaroctonus at June 13, 2024 04:12 PM (v6JzV)

Well who the heck doesn't???? Lithuania, Sweden, various Germanies, France...

Posted by: Oldcat at June 13, 2024 04:15 PM (eoQWY)

305 Apparently dinosaurs were warm blooded and feathered, at least some of them… latest thing is birds are termed Avian dinosaurs…

Posted by: tubal at June 13, 2024 04:15 PM (PCK5/)

306 II thought the dinosaurs got wiped out by cavemen using them as household appliances.

There was a long multi-part documentary about it I saw as a kid.
Posted by: spindrift

The Ronco Thagomizer. Call before midnight tomorrow!

Posted by: Bulgaroctonus at June 13, 2024 04:15 PM (v6JzV)

307 Think of all that Salmonella the dinosaurs would've spread around. Yuck.
Posted by: Bulgaroctonus at June 13, 2024 04:14 PM (v6JzV)

That theory sounds fishy to me.

Posted by: OrangeEnt at June 13, 2024 04:16 PM (0eaVi)

308 To some extent this is a problem. The GOP has been shockingly silent on what their platform will be for the 2024 elections. We can't trust them that they'll fall in line with Trump - presuming he wins. So why get out and vote for them? And vote for what issues they stand for?
Posted by: Our Country is Screwed at June 13, 2024 04:04 PM (N39Ws)

Getting the Dems out and stopping the bleeding is a perfectly valid platform.
Posted by: Oldcat at June 13, 2024 04:05 PM (eoQWY)

We need a platform, we need our nominee to explain WHY he wants to be president, and how our nominee plans to address the myriad threats that face our country. Doing so can be done with general answers - at this moment no one expects a massive volume of policy wonkery. But a nice list of problems and solutions is important and would be an effective counter to the countless shrieks of "CONVICTED FELON!"

Posted by: mrp at June 13, 2024 04:16 PM (rj6Yv)

309 Not with those pathetic little arms they didn't.
Posted by: Mister Scott (Formerly GWS) at June 13, 2024 04:14 PM (QNSds)

Those tiny arms were just big enough to allow them to operate a uranium enrichment centrifuge

Posted by: Cicero (@cicero43) at June 13, 2024 04:16 PM (guGkK)

310 Dinosaurs built the pyramids.

Posted by: Frank Barone at June 13, 2024 04:13 PM

Not with those pathetic little arms they didn't.
Posted by: Mister Scott (Formerly GWS) at June 13, 2024 04:14 PM (QNSds)

There is actually a dino I saw that had humongous front arms with big sickle claws presumably for digging at things. Perhaps they did jobs for the Rexes.

Posted by: Oldcat at June 13, 2024 04:16 PM (eoQWY)

311 277 Not that big a deal. Currency is eminently tradeable so it does not really matter except for appearances. There are millions of other things to hammer the junta about that are more important than this.
Posted by: Earl Schlobodowicz at June 13, 2024 03:18 PM (P7Iz+)"

Except for the impact on the value of a dollar.

Posted by: Don at June 13, 2024 04:05 PM

Ask the British what happened to their currency after the end of WWII. We are going to see the same thing.
Posted by: Mister Scott

At the extreme end, like France and UK after WWII, you get export currency limits. Limits were placed on taking gold out of the UK (dunno about France) and how much pounds or francs one could take outside of those countries. Made importing goods very difficult in order to reduce the balance of trade deficits incurred by loss of reserve currency status and increased domestic inflation quite a bit.

Posted by: whig at June 13, 2024 04:16 PM (/0X3E)

312 We'll be *a* settlement currency, not *the* settlement currency. That's going to have profound effects, many of them bad. Some will likely be good, in that our currency will actually reprice and make imports expensive (better for domestic industry). But it is going to be a rough road and government finance is going to get *really* hard.

The best case is that we get some fiscal discipline and a more productive economy, at the expense of potentially unaffordable imports for a while and a whole lot of privation and make-do.

The worst case is the collapse of the country.

High stakes.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 03:20 PM (d04cU)
==
I can easily see a world where there is no *the* settlement currency as the global trading environment continues to splinter into regional deals as the US continues their retreat from the world. This will impact the ability of the US government to spend as it likes - which is a good thing. As a black market currency the US dollar will be even more valuable as other currencies are exposed to be not very good. The Euro and Yuan top the list.

Posted by: Black JEM at June 13, 2024 04:17 PM (GZYu7)

313 Seriously, I would take a hereditary monarchy over the shitshow we have now.
Posted by: Cicero (@cicero43) at June 13, 2024 03:51 PM (guGkK)

Louis XVI was a winner, as was George III and Joanna of Castile, and Charles II of Spain.

Posted by: Kindltot at June 13, 2024 04:17 PM (D7oie)

314 In the last 5000 years of their existence dinosaurs became intelligent, invented nukes, and wiped themselves out.

That's my theory anyway.
Posted by: Cicero (@cicero43) at June 13, 2024 04:08 PM (guGkK)
____________________

I thought they just became gay and died from that.

Posted by: Deplorable Jay Guevara at June 13, 2024 04:17 PM (YqDXo)

315 303 Lululemon's scandal consisted of putting out a line of yoga pants that were *surprisingly* revealing when stretched in certain directions, IIRC.

Posted by: Cicero (@cicero43) at June 13, 2024 04:14 PM (guGkK)

Was at work one day. Front desk girl wearing workout or yoga pants or whatever, bends down to get something from a bottom shelf.

I swear, those pants disappeared.

Posted by: The Central Scrutinizer at June 13, 2024 04:17 PM (KbCG3)

316 But a nice list of problems and solutions is important and would be an effective counter to the countless shrieks of "CONVICTED FELON!"
Posted by: mrp at June 13, 2024 04:16 PM (rj6Yv)

You can't counter those that have abandoned reason for madness.

Posted by: Oldcat at June 13, 2024 04:17 PM (eoQWY)

317 308 We need a platform, we need our nominee to explain WHY he wants to be president, and how our nominee plans to address the myriad threats that face our country. Doing so can be done with general answers - at this moment no one expects a massive volume of policy wonkery. But a nice list of problems and solutions is important and would be an effective counter to the countless shrieks of "CONVICTED FELON!"
Posted by: mrp at June 13, 2024 04:16 PM (rj6Yv)

=========

Elections aren't about policy.

Elections are about irrational emotional responses to the situation on the ground.

Hell, even if we had perfect candidate with great policy, it'd have to be carried by the MSM. Instead, the MSM would talk about how perfect candidate is facing allegations of having raped grandmothers for money in college.

Posted by: TheJamesMadison, obsessively pursuing evil with Friedkin while riding the Wasteland with Mad Max at June 13, 2024 04:17 PM (GBKbO)

318 Spacey Epstein etc. nood

Posted by: andycanuck (ZdexC) at June 13, 2024 04:17 PM (ZdexC)

319 303 Lululemon's scandal consisted of putting out a line of yoga pants that were *surprisingly* revealing when stretched in certain directions, IIRC.
Posted by: Cicero (@cicero43) at June 13, 2024

If that is scandalous, I have heart breaking news. Do not wear target leggings, or old navy leggings, or lots of leggings. Squat proof leggings are out there, but many are not.

Posted by: Piper at June 13, 2024 04:18 PM (/sySz)

320 Except for the impact on the value of a dollar.

There are still a few cents left to steal from the 1973 dollar. I don't expect them to give those up without a fight.

Posted by: t-bird at June 13, 2024 04:18 PM (c/Z2E)

321 We need a platform, we need our nominee to explain WHY he wants to be president, and how our nominee plans to address the myriad threats that face our country. Doing so can be done with general answers - at this moment no one expects a massive volume of policy wonkery. But a nice list of problems and solutions is important and would be an effective counter to the countless shrieks of "CONVICTED FELON!"
Posted by: mrp
========
There will be a platform but there is considerable disagreement between the Trump and voters and the current other national GOP officeholders and RNC donors.

Austerity is never a popular program and that is what is on the menu. The rich and politically connected donors are going to have to take it up the ass if the GOP hopes to cut back on the massive growth in entitlement spending.

At a minimum, it will take about a decade of a very sour economy to recover from a fiscal crisis.

Posted by: whig at June 13, 2024 04:20 PM (/0X3E)

322 Oh so the Saudis aren't in yet? Give it a few years. I saw some claim that some 80 countries want in.

Posted by: Oldcat at June 13, 2024 04:13 PM (eoQWY)
==
It's a claim - not backed by much action.

Posted by: Black JEM at June 13, 2024 04:20 PM (GZYu7)

323 Seriously, I would take a hereditary monarchy over the shitshow we have now.
Posted by: Cicero (@cicero43) at June 13, 2024 03:51 PM (guGkK)

Louis XVI was a winner, as was George III and Joanna of Castile, and Charles II of Spain.
Posted by: Kindltot at June 13, 2024 04:17 PM (D7oie)

Charles XII of Sweden is one of my favorites, sends his Kamikaze army of Swedes into east Europe and crushes Saxonly, Poland, parts of Russia then loses big and flees to the Ottoman Empire for years and finally gets shot in the head trying to take a castle in Norway.

But yes, there are downsides to monarchy, but certainly our elected Prez is no brainier than they were.

Posted by: Oldcat at June 13, 2024 04:21 PM (eoQWY)

324 Except for the impact on the value of a dollar.
Posted by: Don

Inflationary pressure.

Posted by: Sock Monkey * hanging out at the corner of Sanity and Madness at June 13, 2024 04:22 PM (+qILM)

325 I think dinosaurs started the global warming because being reptiles they needed it
Posted by: Skip
.....

plus they farted a lot.

Posted by: wth at June 13, 2024 04:22 PM (v0R5T)

326 Republicans have no GOTV efforts that I'm aware of. It seems to think texts and mailers are super effective. And that's without taking into account that the average Republican doesn't inspire one to care. That said, I assume fraud in close races unless disproved. After watching an election get stolen, I'm not about to trust the results and blame things solely on GOP fecklessness.

Posted by: In Conclusion, Whatever at June 13, 2024 04:22 PM (F/oxI)

327 Ask the British what happened to their currency after the end of WWII. We are going to see the same thing.
Posted by: Mister Scott (Formerly GWS) at June 13, 2024 04:08 PM (QNSds)

Most of the value of the pound sterling went straight to the US Treasury during the war. After Great Britain sold off all their financial assets to the US in exchange for war material, the US instituted "Lend Lease", which kept GB in the war on the installment plan. IOW, we took the "Great" out of "Great Britain".

Posted by: mrp at June 13, 2024 04:23 PM (rj6Yv)

328 Elections aren't about policy.

Elections are about irrational emotional responses to the situation on the ground.

Hell, even if we had perfect candidate with great policy, it'd have to be carried by the MSM. Instead, the MSM would talk about how perfect candidate is facing allegations of having raped grandmothers for money in college.
Posted by: TheJamesMadison

Depends on the times historically speaking. Ballot cheating makes it much more difficult to ascertain what is going on. But, low information voters can form policy preferences on the terms of outcomes but not necessarily come together on exactly what policy tweaking they prefer. Easier to just argue to scrap the whole thing--e.g. ending support to Ukraine, no money to Ham Ass or the Iranians, cutting out China from being able to trade here, and so on. Much harder for the public to tweak issues like what should be our military structure, size of the military, etc. Like in Vietnam, the preferences were to get out and not repeat Korea with teh Chinese flowing in to help the North Vietnamese. Average folks did not much care whether the US formalized relations with China.

Posted by: whig at June 13, 2024 04:24 PM (/0X3E)

329 Apparently dinosaurs were warm blooded and feathered, at least some of them… latest thing is birds are termed Avian dinosaurs…
Posted by: tubal at June 13, 2024 04:15 PM (PCK5/)

They all were, and probably pterosaurs as well. The reactionary "hold the warm blood frontier at mammals" always irked me even as a kid. There was a reason that Dinos crushed the early mammals into the dirt in the Triassic and kept them there for hundreds of millions of years, and a metabolic advantage over the mammals probably explains it.

Posted by: Oldcat at June 13, 2024 04:25 PM (eoQWY)

330 Thanks for the comment. It has convinced me that it's time for a re-reading of Forrest MacDonald's Alexander Hamilton biography. Hamilton's heroic and astounding accomplishment - establishing the US economic system from the financial rubble of the Revolution's war economy, was a historic achievement. MacDonald's book is sheer brilliance in its explanation of how Hamilton's vision became reality.
Posted by: mrp at June 13, 2024 03:56 PM (rj6Yv)

You could also read A History of Money and Banking in the United States by Murray Rothbard, which also discusses paper money in the colonial period, and how accounts were settled via reimbursement of bank notes to specie in local and regional banks prior to the civil war.

Posted by: Kindltot at June 13, 2024 04:26 PM (D7oie)

331 The "basket of currencies" and "basket of commodities" concept. It won't be the IMF's "Special Drawing Right" (SDR), as much as they want it to be. It will be lots of "baskets" with some amount of overlap between them. It's less efficient that way than having a single settlement currency, but it's more robust and flexible.

Posted by: Joe Mannix (Not a cop!) at June 13, 2024 04:14 PM (d04cU)
==
Flexible? Maybe. Robust? Not really, because there is no substitute for the size of the dollar in efficiently moving transactions. Everything will slow down, and everything you don't grow or make yourself will become more expensive because the barter system (which is kind of what the baskets are) takes time to complete.

We will care less, because we will buy even less from the world than we do now, and we will force dollars on our trading partners or there will be no deal. This will result in the US garnering even more of the earthly wealth than we already do.

This will also create the seeds for a real WWIII.

Posted by: Black JEM at June 13, 2024 04:27 PM (GZYu7)

332 Average folks did not much care whether the US formalized relations with China.
Posted by: whig at June 13, 2024 04:24 PM (/0X3E)

Yeah, thought that was stupid at the time too, or pretending that the Baltic states were not occupied by the USSR. Diplomats have enough deluded views of the world without enshrining some as dogma. You have to start by recognizing the real situation.

Posted by: Oldcat at June 13, 2024 04:28 PM (eoQWY)

333 This will also create the seeds for a real WWIII.
Posted by: Black JEM at June 13, 2024 04:27 PM (GZYu7)

We are already in a real WWIII

Posted by: Oldcat at June 13, 2024 04:28 PM (eoQWY)

334 Austerity is never a popular program and that is what is on the menu. The rich and politically connected donors are going to have to take it up the ass if the GOP hopes to cut back on the massive growth in entitlement spending.

At a minimum, it will take about a decade of a very sour economy to recover from a fiscal crisis.

Posted by: whig at June 13, 2024 04:20 PM (/0X3E)
==
Yeah, and we know they hate to lose any $$ at all. Gonna be a very interesting thing to watch.

Posted by: Black JEM at June 13, 2024 04:29 PM (GZYu7)

335 I have been doing almost this exact same thing for the past 5 years and we have turned our 30 year mortgage into a 10 year mortgage. I put an extra $2,000 a month towards the principle since I started drawing my social security. Our mortgage will be done next December and we will have saved over $137,000 in interest on the loan. And that is with a 3.25% rate.
Posted by: Mister Scott (Formerly GWS) at June 13, 2024 04:02 PM (QNSds)

that is what I did, with a final big payment out of the new car fund to pay it off in the end. My thrity year was done in 11 years.

Posted by: Kindltot at June 13, 2024 04:30 PM (D7oie)

336 We will care less, because we will buy even less from the world than we do now, and we will force dollars on our trading partners or there will be no deal. This will result in the US garnering even more of the earthly wealth than we already do.
Posted by: Black JEM at June 13, 2024 04:27 PM (GZYu7)
-----
I think you're basically right about this. The fly in the ointment is hatred. The regime made everyone on earth hate us. Not envy, or dislike, or resent, but actually hate us. That will influence trade policy in a way that doesn't benefit us, and accelerates that WW3 timeline.

Posted by: Yudhishthira's Dice at June 13, 2024 04:32 PM (0FoWg)

337 Both Iran and the Saudis are in BRICS I believe which if not an alliance is at least something. But given that we can't drive off the Houthi from blocking the Red Sea I guess the Saudis wonder what the US can do to protect them regardless.
Posted by: Oldcat at June 13, 2024 04:04 PM (eoQWY)

We can seize their Treasuries if Congress figures the Saudis are not respectful enough.

Posted by: Kindltot at June 13, 2024 04:32 PM (D7oie)

338 This will also create the seeds for a real WWIII.
Posted by: Black JEM at June 13, 2024 04:27 PM (GZYu7)

We are already in a real WWIII

Posted by: Oldcat at June 13, 2024 04:28 PM (eoQWY)
==
I would disagree. We are dealing with a contained regional conflict where an aggressor nation - Russia, attacked a smaller nation - Ukraine. As long as Europe is convinced the battle lines won't move, nothing much more will happen. If they think Russia can overrun those positions, Ukraine will be green lit to attack Russian logistic hubs in Russia proper and force Russia to decide how many men they want to send into the blender.

Eventually it will end with the two eastern regions subsumed into Russia proper. We just aren't there yet.

Posted by: Black JEM at June 13, 2024 04:32 PM (GZYu7)

339 326 Republicans have no GOTV efforts that I'm aware of. It seems to think texts and mailers are super effective. And that's without taking into account that the average Republican doesn't inspire one to care. That said, I assume fraud in close races unless disproved. After watching an election get stolen, I'm not about to trust the results and blame things solely on GOP fecklessness.
Posted by: In Conclusion
========
You have to have accurate voting lists which the RNC under Ronna and even during the McCain and Romney runs were badly out of date.

Second, the GOP for a long time wanted low voter turnout base elections. The Dems rejected that strategy after Kerry lost in 2004 and went to energize voter turnout. The GOP did not follow suit and relies on contacting voters that reliably turnout and fails to do much if anything on registering new voters except if a state party gets on the ball.

McConnell and his ilk hate casual voters because they prefer more popular policies rather than what the donors want.

Posted by: whig at June 13, 2024 04:33 PM (/0X3E)

340 I think you're basically right about this. The fly in the ointment is hatred. The regime made everyone on earth hate us. Not envy, or dislike, or resent, but actually hate us. That will influence trade policy in a way that doesn't benefit us, and accelerates that WW3 timeline.

Posted by: Yudhishthira's Dice at June 13, 2024 04:32 PM (0FoWg)
==

Yeah that is where my WWIII prognosis comes from. We are cutting regional deals in N.A. of course. Japan, South Korea and maybe Great Britain. There will be some regional work in South America and SE Asia, which will not include China.

We will be creating a real haves and haves not situation, and in the desperation who knows what they may try to do.

Posted by: Black JEM at June 13, 2024 04:36 PM (GZYu7)

341 Yeah, thought that was stupid at the time too, or pretending that the Baltic states were not occupied by the USSR. Diplomats have enough deluded views of the world without enshrining some as dogma. You have to start by recognizing the real situation.
Posted by: Oldcat
=========
Part of it was that the Soviets were bug shit crazy and proposed the US turn it back while it nuked China (around the Amur river dispute era).

That scared China into the arms of America assuming that the US got its ass out of Vietnam which Nixon had already promised and the first fruit was the US and West giving the Chinese Security Council seat to the PRC.

Posted by: whig at June 13, 2024 04:36 PM (/0X3E)

342 In the last 5000 years of their existence dinosaurs became intelligent, invented nukes, and wiped themselves out.

That's my theory anyway.
Posted by: Cicero (@cicero43) at June 13, 2024 04:08 PM (guGkK)

Mars. That is what happened on Mars, about the time of our Permian-Triassic extinction.

Posted by: Kindltot at June 13, 2024 04:36 PM (D7oie)

343 But given that we can't drive off the Houthi from blocking the Red Sea I guess the Saudis wonder what the US can do to protect them regardless.
Posted by: Oldcat
=====
We can drive them off but it takes confronting Iran and destroying the logistics shipping missiles from Iran to Yemen. Given the Iran and Yemen are not contiguous--not that difficult to do.

The problem is more moral in nature than military. We chose not to do the simple things because we imagine that our military can overcome idiotic rules of engagement with hoodlums (same domestically regarding police and hoodlums).

Posted by: whig at June 13, 2024 04:39 PM (/0X3E)

344 At the extreme end, like France and UK after WWII, you get export currency limits. Limits were placed on taking gold out of the UK (dunno about France) and how much pounds or francs one could take outside of those countries. Made importing goods very difficult in order to reduce the balance of trade deficits incurred by loss of reserve currency status and increased domestic inflation quite a bit.
Posted by: whig at June 13, 2024 04:16 PM (/0X3E)

this is actually the milieu that the novel Goldfinger was written in: Auric Goldfinger was smuggling gold reclaimed from his pawn shops to Switzerland where the pricing was at actual market spot.

Posted by: Kindltot at June 13, 2024 04:41 PM (D7oie)

345 Weekend at Pantshitter's and his commie cocksucker puppetmasters: retarded, incompetent, or malicious? To paraphrase a malignant hag, What difference, at this point, does it make?

Posted by: Drink Like Vikings at June 13, 2024 04:50 PM (EmD/E)

346 News report spin: Exprt negotiation by the Biden administration means Saudi Arabia will stop using up all the American dollars to buy and sell oil.

Posted by: El Mariachi Attorney at Law at June 13, 2024 04:52 PM (nLFEI)

347 Well, thanks, Brandon. Screwing up the petrodollar deal means my retirement will be spent living in my car. Yippee!

Posted by: Someone Else at June 13, 2024 05:13 PM (IrqeV)

348 ace, wtf are you afraid of ??

that I might call you out for being a reaboi cuck

Posted by: REDACTED at June 13, 2024 05:19 PM (us2H3)

349 Biden and his loyal Jackass running of the Cliff

Posted by: Tamaa the Drongo Bird at June 13, 2024 05:43 PM (FLiOE)

350 I imagine RMB or Gold would be interesting alternatives.

Posted by: ChaChing at June 13, 2024 08:41 PM (K95Xy)

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