Friday, December 2, 2022

"Are You Ready?"

 


as Pastor Bridgette asks :-).


What to know about the West's new efforts to slash Russia's oil revenue


This is your lead up to open hostilities happening right before your eyes.


"The United States and its allies are about to deliver a double blow to Russia aimed at starving its oil revenues.

First, the European Union will ban all seaborne imports of Russian oil, a move that takes effect Monday.

Also, the U.S. and other members of the Group of Seven leading economies will attempt to impose a price cap on the oil Russia continues to sell to other parts of the world. On Friday, the EU tentatively agreed to set a price ceiling at $60 per barrel."


"The two moves are intended to limit Russia's ability to fund its war in Ukraine but are designed to prevent disruptions in oil supplies that could cause higher prices."

(Yeah...good luck)


"Analysts say the price cap, spearheaded by the U.S. Treasury Department, could be difficult to enforce."

(Ya think?)


"What policymakers are trying to do is cut the world's largest oil exporter out of the market to a large degree," he says. 

(He being Ben Cahill, senior fellow at the Center for Strategic and International Studies in Washington. So ask your selves, if somebody tried to do this to us? What would our response be? And then just assume the Russian response will be worse. This is just an absolutely catastrophic mistake, prices are gonna rise and funding for the war in Ukraine wont be curtailed.)


"The EU sanctions package created concerns that there would be a potential supply shock," Cahill, the energy analyst, says. "And so the proposed price cap is a way to try to keep those volumes on the market, but still curtail Russia's revenue."


"China and India buy Russian oil and it's unclear how they view the price cap"

(Baloney, I'll show you right here and now how they view it:


Thats the leaders of:
China
Russia
Brazil
India
and 
South Africa.

Posted June 24th of this year:


Along with the comment:

(He's out to destroy NATO and the current world economic system and he is succeeding.)

So how do you think China and India view this price cap mechanism again?)


"There's skepticism that the price cap will work. For one thing, it will need other countries beyond the G-7 and the EU to sign on to the plan."

(They have had a while to line them up, "need other countries beyond the G-7 and the EU to sign on" and they havent, but it's still a plan that is going to work?

yeah...right.)

"China and India are key. Both have gone on a buying spree of Russian oil since the war in Ukraine.

Arkady Gevorkyan, a commodity strategist at Citi Research, says India imported very little oil from Russia before the conflict. Now, it's helping fill the Kremlin's coffers, importing about 900,000 barrels a day, which he says is substantial. "That allowed Russians to divert some of the oil initially going to Europe, to India," Gevorkyan says."

"China, India and Turkey have been getting Russian oil at a big discount -- about $20 less per barrel. They'll continue to hammer out a good price if they believe they have leverage once the price cap sets in."

"Cahill says efforts to get countries outside the G-7 on board with the plans have not been successful, in part because they're wary of the complicated plan."


"I think there's also some irritation with Western sanctions and the idea that, you know, the U.S. and the EU are really pushing countries to do this and they're interfering with the global oil market," Cahill adds. "They have a lot of skepticism. And I don't think that India and China will sign the plan and fully endorse it."


(Translation?

The rest of the world is tired of us (The US, The EU, the "Collective West" calling the shots and they are in the majority rn.)


"Enforcing the price cap will be a challenge"

(Likely? Are you kidding?)


The G-7 price cap plan depends heavily on documentation and proof about where the oil on a tanker is coming from and how much it costs.

(Documentation is your enforcement mechanism? People actually believe that's gonna work? The real problem is they (Russia' China etc) have us by the balls and we got no good alternatives to that fact, except documentation enforcement mechanisms?

Please...)


Michelle Wiese Bockmann, an analyst with London-based Lloyd's List, a maritime news agency, says there's already a lot of illicit oil trade, especially moving sanctioned oil from Iran and Venezuela. She says it involves everything from falsifying documents to clandestine ship-to-ship transfers in the middle of the night."

"The evasion tactics used by Iran and Venezuela can be easily met and borrowed by Russia to continue shipping without that compliance to the price cap," she says. "It's very likely that sanctions evasion is going to be a hallmark of what happens post Dec. 5."

(Count on it.)


"Russia could try to exact some retaliation, using fuel for leverage"

(Could? I'd count on it.)

"Analysts and officials have warned that the West's new actions could provoke Moscow to retaliate by cutting off remaining natural gas supplies to European countries."

(How about all of it except Turkey, India and China? Then what?)


"Russian President Vladimir Putin has said he will not sell oil to any country that is compliant with the price cap and that Russian oil will find other customers, willing to risk breaking sanctions."

(I do not like him, nor what he does but if you have been paying attention to him through the years? The man does what he says he is going to, and rn we shouldn't expect him to behave any different than normal.)


"Other countries could help him. OPEC+, an alliance of oil producers that Russia co-chairs along with Saudi Arabia, is concerned about the idea of buyers colluding — countries banding together to try to influence the oil market and target certain producers. They worry that if the West can do it to Russia, then it could someday do the same against other oil producers."

(And that is an absolute legitimate concern.)


"Members of the oil cartel are due to meet in Vienna on Sunday, one day before the EU oil embargo and the price cap are due to begin."


Maranatha Lord Jesus.

Lord help us all.



And

 


we wonder why people dont have faith in our institutions anymore?


US court strikes down appointment of special master to review Trump records


"Decision marks decisive defeat as judges opine the request should never have been granted in the first place."


"The decision by the US court of appeals for the 11th circuit marked a decisive defeat for Trump in a ruling that said a lower-court judge should never have granted his request for an independent arbiter in the first place and is unlikely to be overturned in the event of appeal."


“The law is clear,” the appeals court wrote in an unanimous 23-page opinion. “We cannot write a rule that allows any subject of a search warrant to block government investigations after the execution of the warrant. Nor can we write a rule that allows only former presidents to do so.


(So if the law is so clear as to lead to a unanimous 23 page decision? One might ask, "Why did it ever come to this in the first place?")


"Trump sought the appointment of a special master to examine the documents seized from Mar-a-Lago – including 103 bearing classified markings – shortly after the FBI searched the resort on the basis that some of the materials could be subject to potential privilege protections."

"The requests were granted by US judge Aileen Cannon, a Trump appointee, who gave exceptional deference to Trump on account of his status as a former president and decided he satisfied elements of the four-part Richey test used to determine whether to intervene in a criminal investigation.

(Yeah, I'm sure that's all there was behind it, her "exceptional deference to Trump on account of his status as a former president")


"But the 11th circuit ruled that Cannon should never have appointed a special master, writing that she did not have the authority to prevent the department from using the seized materials – a move that is also without legal precedent.'

Seems like more and more we have a judiciary including the Supreme Court that likes to make decisions, without legal precedent."

(They might as well be unelected politicians themselves at this point instead of arbitrators of the law.)


Queue the Prince song somebody:








Poor babies

 


they are going to have a rough "Bonus season".

Dont ya just feel so sorry for them?


Goldman Sachs Warns Staff of Lower Bonuses


Traders Bonus pool is getting cut at

Goldman Sachs.

Trading revenue was up 15% but the bonus pool is getting cut by double digits.

This is having ripple affects across the industry they say.


Heres my take:


Like the execs at Goldman Sachs et al dont know whats up?

Give me a break.

Today?

They just showed you they know wats going on.

"You

 

aint never had my cornbread

A little bit of heaven, and a little bit of aw yeah"


Cornbread 

:-).

This is more about Beans (In particular pintos) and Cornbread and my affinity for the aforementioned lol.


Anyway...where to even start?


Okay so I like beans and cornbread. 

I like pintos probably the most butt: butter beans, navy beans, northern beans and even kidney beans will work. I like them how I like them and if I have the opportunity to? Thats how I shall have them, (same with bourbon BTW) if not? Then I make do with what we have. All that being said, I soak my beans overnight after dumping them out and removing any hulls, small pebbles, or any beans that are discolored or cracked. The next day I bring them to a boil in a pot of water with some salt (dont ask, I could show you how much but there's no way I could tell you) a healthy dose of chopped onion I mean 1/2, 2/3 a lbs of finely chopped onion and preferably some ham hock but any kinda cut of pork will do. (I even used spam one time, you would have been surprised, I'll just put it that away.) Ham bone, spam, country ham, whatever ya got if ya dont have a ham hock, and if you dont have a cut of pork? Well then just go with the salt and onion. No onion? Just salt. No salt? Thats a whole nuther story lol. Not our purpose here:-).


Anyway, so? I bring the beans to a rapid boil for a good hour, always watching the pot and adding more water when needed. Then? I turn the heat down to a slow roiling boil and let cook a hour or two...Yup, just like that. I just love em I think they taste great. While the beans are simmering I make my cornbread. Now days given certain constraints I wont go into,  I use a griddle and make cornbread cakes. If I could? I would liberally season a cast iron muffin pan with bacon grease and heat it up in the oven and then put the cornbread batter in it and place back in the oven for the proper amount of time and when they were done, upon removal from the oven? immediately dislodge the muffin from the pan (separate it basically) and let the muffins "breathe" (it wont stick to the muffin pan this way.) And I do this as I start the assembly process of my meal. I dont have a cast iron muffin pan so I use my griddle and make cornbread cakes, like I say, adjust, adapt, overcome, etc...


Here's the whole key:

I take my hot off the griddle cornbread and I ladle my slow cooked and seasoned beans over it right then. Not 5 minutes later, not a minute later, hot cornbread right off the griddle smothered in beans, salt, ham, onion right that instant...

Oh my goodness so good...






For well over 6? 7? years I hadn't had beans and cornbread that away. My mom used bacon grease and salt to season hers but rarely if ever a big chunk of pig. I like mine slow cooked with and with a big chuck of pig and some salt and a ton of finely chopped onion.

Point is?

I went years and never had as much.

I went years and never had everything I liked all at the same time.

:-).


I had beans but no ham, ham but no onion, beans with onion salt and pig, but no cornbread, cornbread but no eggs, had cornbread and eggs, but no milk etc. In the course of the last few years, 6, 7 who knows how long at this point, but I had had every possible combination of everything you could ever have it, but I never had it all all at once like I prefer :-). Needless to say a lil while back that all came to fruition. 

So?

The greater point is:

How happy are you going to be to have a simple meal of beans and cornbread (or anything else for that matter) when the time comes? Will you be grateful for what you do have? Or will you be bitter about what you don't?

I love you baby.


Philippians 4:12

I know how to live humbly, and I know how to abound. I am accustomed to any and every situation— to being filled and being hungry, to having plenty and having need.


Yup...resonates...lil bit.

:-)


Like I said:


"You aint never had my Cornbread

A little bit of heaven, and a little bit of aw yeah"


1:17 -1;22 mark :-).







"I like my cornbread while its still piping hot"

:-).

:38 - :42 mark

I Couldn't agree anymore JJ, nice meeting you that day in Nashville :-).









Heres

 

    my two cents to Labor leaders:

GO ON STRIKE ANYWAY.

. "NOW WE DEMAND, NOT REQUEST,  2 SICK DAYS A MONTH RETROACTIVE TO EACH INDIVIDUALS EFFECTIVE DATE OF HIRE.

Country is going down the tubes anyway, Corporations are jacking up their prices to get every last cent they can while they still can, why shouldn't labor do the same?

The government and the railroad exec might as well be the same team, Tony Cardwell gets it just right.

They wouldn't have to strike two days before they would agree to their demands.


“What’s frustrating is that the railroads know that their backstop is federal government intervening in a strike,” said Tony Cardwell, president of the Brotherhood of Maintenance of Way Employes Division, one of the four unions that rejected the tentative agreement. “The railroads would have come running to the bargaining table if they knew that we would have been able to go on strike. But they were reliant on the Congress stopping our strike, and therefore they bargained in bad faith.”


(So strike anyway, (unjust laws have an obligation to be broken MLK JR once said.) Do it once and you will never be faced with this situation ever again. Dont do it now and you are stuck with it forever.


What are they going to do?

Fire you all?

The country cant go two days without yall and they gonna fire you all?

Time for labor to stand up.


"It has to start somewhere

it has to start sometime.

What better place than here?

What better time than now?"



REUTERS NATO allies wake up

 

REUTERS

NATO allies wake up to Russian supremacy in the Arctic Wed, November 16, 2022

“As Russia's invasion of Ukraine ends a post-Cold War era of low tension and cooperation”… This January, one of two fibre-optic cables on the Arctic seabed connecting Svalbard to the mainland was severed. Norway was forced to rely on a back-up link."

"In April 2021, another cable – one used by a Norwegian research laboratory to monitor activity on the Arctic seafloor – was ripped away."

(Nord stream pipeline explosion anybody?)

“Over recent years, NATO allies and Russia have scaled up military exercises in the region; Chinese and Russian warships conducted a joint exercise in the Bering Sea in September. Norway raised its military alert level in October.”




(The Bering Sea is a marginal sea of the Northern Pacific Ocean. It forms, along with the Bering Strait, the divide between the two largest landmasses on Earth: Eurasia and The Americas. It comprises a deep water basin, which then rises through a narrow slope into the shallower water above the continental shelves. Wikipedia. Yeah...The Chinese and the Russians held joint exercises there in Sept...think about it for a second, you'll figure it out.)


"Since 2005, Russia has reopened tens of Arctic Soviet-era military bases, modernized its navy, and developed new hypersonic missiles designed to evade U.S. sensors and defences."

"Four Arctic experts say it would take the West at least 10 years to catch up with Russia's military in the region, if it chose to do so."

"The Arctic is currently a dark area on the map," said Ketil Olsen, formerly Norway's military representative in NATO and the European Union, who heads Andoeya Space, a Norwegian state-controlled company that tests new military and surveillance technologies and launches research rockets.

"It's so vast and with few civilian surveillance resources."

"The chief of the U.S. Northern Command, General Glen VanHerck, told a Senate hearing in March the United States needed better Arctic "domain awareness" to detect and address Russian and Chinese capabilities to launch advanced missiles and destroy communications infrastructure." In a Pentagon strategy document released in October, the United States committed to improving early warning and surveillance systems in the Arctic, but the pace of the planned modernization is unclear."

(I love how everything were gonna do were gonna do sometime in the future and nobody know how or when we are gonna get started (filling the SPR would be an example), but were gonna get going now etc...)

"At the same time, fast-rising temperatures are creating problems for some U.S. military infrastructure built on permafrost foundations, which are melting. Coastal erosion could also impact U.S. radar sites, the Pentagon says."

(Everybody that thinks climate change is a hoax anymore raise your hands...The US military sure doesn't think it is and it said so years ago it was a major threat to security, ours and in the world.)

"There are few risks in the near term, U.S. officials and military analysts say: The West is far stronger than Russia in conventional forces and Russia's limited success in Ukraine exposed weaknesses many in the West had not expected."

(Russia's "limited success in Ukraine" was by design and maybe a clearer definition on "near term" is warranted here, exactly when should we expect more risk exactly?" While you are saying Peace and prosperity, destruction shall come upon them suddenly like labor pains on a pregnant woman, and they will not escape. Those labor pains getting farter apart? or closer together? More intense? Or less intense? What time do you really think its getting ready to be?)

"Russia's military efforts are currently mostly focused on Ukraine, leaving "very limited strength of personnel on the army side" in the Arctic Kola Peninsula, which is home to its Northern Fleet navy and nuclear submarines, according to Kristoffersen."

(Understood, but the fact that monitoring cables/links etc. are getting severed tells you somebody doesn't want you to know what they are doing and the ice melting in the artic gives the Russians even more mineral and oil field in its territory.)

"U.S. missile defenses are designed to defend against a limited attack from a rogue state, and the United States has expressed confidence in its ability to deter a nuclear attack by Russia or China. But insufficient visibility in the Arctic could limit U.S. response time in a crisis, a situation VanHerck and other officials want to avoid."

"What you can't see and what you can't determine, you can't defend from," VanHerck told the Senate.


("U.S. missile defenses are designed to defend against a limited attack from a rogue state," Think China and Russia dont know that? "the United States has expressed confidence in its ability to deter a nuclear attack by Russia or China. But what about a conventional one using Hypersonics? "insufficient visibility in the Arctic could limit U.S. response time"...Its the same effect as cutting the subterranean cable in Guam, slows reaction time, in the first few moments when hostilities start seconds count and somebody is up to no good...)










Thursday, December 1, 2022

I

 


wouldn't get to excited.

Lower demand is gonna equal less investment is gonna equal product scarcity.

Of all the ways for this industry to come to it's end?

Higher interest rates = less investment.

Lower prices are gonna be its undoing.

Talk about irony.

Just a few short months ago we thought the opposite was gonna be in play.

And we wont know what effect the price cap on Russian oil will be but I think we can all reasonably expect it to not be a very good outcome.

They have had since Sept to get it in place (Russian oil price cap), nobody can agree on what the price should be and India and China aren't gonna go along with it so it's not gonna matter anyway, its about to be a big mess...yeah...even more so than it already is...


Think about this for a second:

You used to be able to afford other things but not much gas.

No you can afford gas but not other things.


You think that's an accident?

I dont.


Revelation 6:15-17

New International Reader's Version

Everyone hid in caves and among the rocks of the mountains. This included the kings of the earth, the princes and the generals. It included rich people and powerful people. It also included everyone else, both slaves and people who were free. They called out to the mountains and rocks, “Fall on us! Hide us from the face of the one who sits on the throne! Hide us from the anger of the Lamb!  The great day of their anger has come. Who can live through it?”


"The cost of gasoline is falling so fast that it is beginning to put real money back in the pockets of drivers, defying earlier projections and offering an unexpected gift for the holidays."

(Upon further review lol as they say in the NFL lol...most the reduction in the price of gas has been eaten up by other things lol, just in case ya haven't noticed? lol...Oh my goodness, people come on! In the immortal words of Lawrence Taylor of all people:

Son? 

"Yall have got to do better than this." :-).



    These people
they are just killing me at this point honey, they really are.)


"It is the main signal consumers notice on inflation. It is the one thing they are likely to track, how much it has gone up or down, because every week they need to fill up their car.” said Emma Rasiel, a professor of economics at Duke University.


(You're watchin the signal but you're missing the freight train in the process of doing so. This is the exact reason they did the SPR drawdown. because 1) it was an aid to the economy, but it was tactical for this exact reason, "It is the main signal consumers notice."

It wasn't "strategic" because were gonna need it against China and Russia, we should have been willing to take the hit economically and been preparing for what we know is coming: War in the pacific, and probably be drug into Europe at the same time. Meanwhile we announcing locations of our Ohio class subs rn? SPR drawdown did what it was designed to do, get everybody to feel better, but puts us in a bad place militarily. Which is what China and Russian knew it would do, they knew how we would respond and we sure did exactly what they thought we would.


"But Rasiel cautioned that less-expensive gas can also give consumers the wrong idea. Prices of other goods and services are much less volatile, and there is no indication that this moment of more-affordable fuel is pushing the cost of other things down.

"Give consumers the wrong idea." Look at what I just said above. It was exactly the plan and it has worked like a charm. But the thing is? there weren't any better options. Whats that tell you?


"Prices are going down because demand for oil and gas is falling as countries brace for recession, coronavirus outbreaks in China threaten major financial disruption and drivers cut back on gas-guzzling as they try to save money to cover skyrocketing mortgage payments and stock market losses."

(Exactly)


"Earlier worries that sanctions on Russian oil would create a shortage in supply and send prices soaring toward the end of the year have, for now at least, given way to ailing economies and jittery financial markets.

("For now" are the most important words in that sentence and tell you what you should expect in the future if you think about it.)


We’re heading into serious recession in Europe and further economic slowdown in the U.S. as people struggle with high interest rates and worry about their personal wealth and savings,” said Ben Cahill, an energy security analyst at the Center for Strategic and International Studies. “Add it all up and it creates a bleak picture for oil demand. Prices are reflecting that.”


(Center for Strategic and International Studies. Its one of only a handful of groups that seem to get it right consistently for decades now. Others might fluctuate so to speak than more than they do.)


"Also helping keep prices low at the moment are some key U.S. oil refineries that returned to churning out gasoline after months of being out of commission for maintenance and repairs."

"But just as big a factor is the turmoil in China. As its leaders signal that new coronavirus lockdowns are imminent, touching off protests throughout the country, the expected economic fallout has turned oil traders bearish."

(Its the biggest factor, they were wanting to cut orders from the Saudis a while back.)


"China alone accounted for 16 percent of global oil demand last year, according to the research firm Capital Economics, which projects its purchase of oil will drop by 1 million barrels per day in December as coronavirus infections spread. The effect of such a drop on global oil markets is considerable, reducing the price of Brent crude by as much as $10 a barrel, or more than 10 percent."

(Thats wat driving it...)


"...the dip in fuel costs is doing little to stabilize the economy. Manufacturers that rely on large amounts of fuel need to see sustained low prices for months before they adjust the costs of the products they sell, analysts say. 

(truth, theres always a lag...)


“This is a pretty delicately held-together price decline,” said Patrick De Haan, head of petroleum analysis at GasBuddy, noting that any number of geopolitical or economic events could send prices rebounding.

(Exactly, and I would count on it.)


T"here are other big factors making the price outlook murky. The United States and Europe are negotiating a price cap on Russian oil, to take effect Monday. The plan is to allow Russian oil to continue to flow into global markets but at prices that limit profits the Kremlin can use to sustain its war machine."

(Yeah...good luck wo China and India)


"Such a price cap has never been imposed on a major oil-producing nation, and it threatens to trigger further instability. If the cap is set very low, as some European nations are advocating, Moscow could retaliate by cutting off its supply, creating a surge in prices globally.


(Thats pretty much what I would count on at this point. I said very early on that's exactly what he would do, "cutting off its supply". When everybody else was saying he wouldn't invade? I was saying he would cut off his own oil supply. Because he wouldn't have invaded if he wasn't willing to cut off his supply.

I keep telling everybody go look up Stalingrad, its like the entire world forgot about it. Welcome to you future right there "cutting off its supply" cause that's where this is headed.)


"Another wild card is the OPEC Plus consortium of oil-producing nations, which meets next week to consider how much oil its members should continue to ship in the coming months. The group could decide to cut its output to drive prices up."


(I mean what do you think they are going to do?

Really? I mean think about it for a second.)

The OPEC meeting could be the skunk at the picnic,” said Andrew Gross, a spokesman for AAA. “Trying to guess what they are going to do is tricky.”

(Seriously?

“Trying to guess what they are going to do is tricky.”

Was he serious?

These guys love being:

"the skunk at the picnic"

Just in case nobody has noticed.


"One thing that is clear is that there is little leaders in Washington can do to keep gas prices down. They are at the mercy of global markets."

(They can not control it. They are not in charge no matter what they try to do.)


"But the University of Michigan Consumer Sentiment Index suggests this stretch of cheaper gas is getting overshadowed by other financial challenges straining Americans. Even as gas prices dropped, the national survey shows, consumer anxiety grew in November."


“Even though prices of gas have come down, prices of other things are still high,” said Joanne Hsu, who directs the university’s surveys of consumers. “There is a feeling of tremendous uncertainty.”


The 

trajectory 

is

set.

It's

only

going

to

continue

it's 

pre-dertermined

path.


Are you ready?

How's your soul?

You and God good?

When's the last time you spoke with him?

Do you have a relationship with your Lord and savior Jesus Christ?

Today is the day to start.

Today.

Right now.

Today.

Tomorrow only exist on a foots calendar.

Today...

Right now

So are you ready?

Are you?


(thx Pastor Bridgette :-)







Really

 


good read to share with daughters.

Any one for that matter.


The FT's 25 most influential women of 2022.

Hey

 

Wait a minute.


Matthew 24: 36

No one knows about that day or hour, not even the angels in heaven, nor the Son, but only the Father.

(the verse speaks directly to Christ return.)


So how do reconcile that verse with the concept of the Trinity?






Well?




So glad you asked :-).


Philippians 2:6-8


Who, being in very nature God,
    did not consider equality with God something to be used to his own advantage;
rather, he made himself nothing
    by taking the very nature of a servant,
    being made in human likeness.
And being found in appearance as a man,
    he humbled himself
    by becoming obedient to death—
        even death on a cross!

And thank you my Jehovah Witness buddy from the fair for pointing me in this direction so that now I can share with all and thanks to the website gotquestions.org for such a great easy to understand explanation.

(It was really the only thing he tripped me up on and didn't have an answer readily available for but I knew his assertion that the Holy Spirit didn't have a "personality" and therefore not a part of the trinity was way off the mark.

I dont always agree with all of their explanations on the website gotquestions.org,  but I have found it a valuable place to start looking for more information on many topics, and? This verse just happened to be in Pastor Bridgette's sermon last Sunday so...there ya go...


We just really need to understand our faith more fully and :

"...Always be prepared to give an answer to everyone who asks you to give the reason for the hope that you have. But do this with gentleness and respect,"
1 Peter 3:15, BTW)

If we cant explain what we believe in and why?
Then why should others believe us?


Grew

 


up listening to Fleetwood Mac:




One of the first records I ever bought.
1975.
11 years old.
6th grade.


So its a sad day.



Song writing credits include:

The chain
Dont stop
Over my head
Say you love me
and 
You make lovin fun.

I was always more into Nicks
Buckingham (especially him due to his guitar playing prowess) 
and Mick Fleetwood 
but its still a sad day for music lovers.






The guy had

 


$ 580,000 in his sofa?

On his ranch?

WTH people?


Cyril Ramaphosa: South African president faces threat of impeachment over 'Farmgate'





"Mr Ramaphosa is less than a month away from a conference which will decide if he can run for a second term with his party, the African National Congress (ANC), in 2024. The incident could be particularly damaging as Mr Ramaphosa ran for office on an anti-corruption ticket."


This is the anti-corruption guy?

Queue the Prince song:







Really? My Goodness...

 


Key inflation measure that the Fed follows rose 0.2% in October, less than expected


How many times 

can you pretend to be happy 

about something not rising

 as quickly as you thought 

it was going to.

Until you just admit that its still going up?


You see kiddos?

The truth dont care about "spin". You cant "spin" or wish your way out of this one.


"Inflation rose in October about in line with estimates, sending a sign that price increases at least might be stabilizing, the Commerce Department reported Thursday."

(Yeah..."at least", "might be", "stabilizing" notice it didn't say receding or going down?)


"The core personal consumption expenditures price index, a gauge that excludes food and energy and is favored by the Federal Reserve, rose 0.2% for the month and was up 5% from a year ago. The monthly increase was below the 0.3% Dow Jones estimate, while the annual gain was in line.

(Pop the champagne honey! 

It was .1% less than expected while still going up! 

Yippie!)

"The gains also represent a deceleration from September, which saw a monthly increase of 0.5% and an annual gain of 5.2%."


"Including food and energy, headline PCE was up 0.3% on the month and 6% on an annual basis. The monthly increase was the same as September, while the annual gain was a step down from the 6.3% pace."


This morning’s data was a goldilocks report as it showed core inflation continuing to drop,” said Chris Zaccarelli, chief investment officer for Independent Advisor Alliance. “If inflation keeps coming down, then markets will keep running higher, as investors will conclude that the Fed won’t need to raise rates as high, or keep them high for as long, as previously expected.


(So say The False prophet of economics.

How many times I gotta keep referencing this verse?


1 Thessalonians 5:3

For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.


So...Im just trying to wrap my head around things a lil bit here...

Nobody out there in the world of:

Economics?

Finance?

Wall Street?

Fed Watchers?

Investors?

Banking Et al.?

None of them know that the only two times we have ever tamed inflation without the federal funds rate getting above the rate of inflation was during the financial crisis and the Covid pandemic? Those sound like a good way to tame inflation to you?

Nobody knows this?

Because nobody is saying it, that's for sure.

Except the guy living in a garage with no internet.

Why would that be?




Ya might wanna reference Haggai 2:23...

These people...My goodness...


"at least", "might be", "stabilizing"


You haven't seen anything yet...



"Signet Ring"

 


"Somebody told you when this all first started:

"The world is going to want Russia's oil and minerals more than it's going to care about Ukraines

freedom."

Who was that?

Oh, and inflation hasnt even started, let alone peaked."


That was from Overheard yesterday, dated July 12th of this year, and there is an even earlier one than that where: "The world is going to want Russia's oil and minerals more than it's going to care about Ukraines freedom." was stated.


And now today?

Russian oil sanctions are about to kick in. And they could disrupt markets in a big way


"China and India

G-7 nations agreed to impose a limit on Russian oil in September, and have been working on the details ever since. At the time, the EU’s energy chief, Kadri Simson, told CNBC she was hoping China and India would support the price cap, too."

(Hello naiveté.)


"Both nations stepped up their purchases of Russian oil following Moscow’s invasion of Ukraine, benefiting from discounted rates. Their participation is seen as essential if the restrictions on Russian oil are to work."

("China and India picked up the pace of Russian oil purchases following the invasion but in Sept the EU's energy chief "was hoping"? China and India would go along with a price cap mechanism?)


China and India are crucial as they buy the bulk of Russian oil,” Jacob Kirkegaard, senior fellow at the Peterson Institute For International Economics, told CNBC.

“They won’t commit, however, for political reasons, as the cap is a U.S.-sponsored policy and [for] commercial reasons, as they already get a lot of cheap oil from Russia, so why jeopardize that? Thinking they would voluntarily join was always naive as Ukraine is not that important to them.”

(And somebody told you: "The world is going to want Russia's oil and minerals more than it's going to care about Ukraines freedom." right after hostilities were initiated. Who was that? How is that even possible? I've already said, Haggai 2:23.)

"India’s petroleum minister, Shri Hardeep S Puri, told CNBC in September he has a “moral duty” to his country’s consumers. “We will buy oil from Russia, we will buy from wherever,” he added."

"As such, there are growing doubts about the true impact of the restrictions on Russia."

(The only thing it is gonna do is drive up prices and not harm the Russians in any meaningful sense whatsoever. Just plain foolishness. This thing was doomed before it ever started. "We want your oil we just dont wanna pay you what you think we should for it, or, "We want your oil we just dont want you to be able to fund your war with the proceeds." It's just ludacris and gonna send markets crazy when they try and implement it. Dec 5th BTW. Yup.

Oh and lets get back to Haggai 2:23 shall we?

Haggai 2:23 

In that day, saith the Lord of hosts, will I take thee, O Zerubbabel, my servant, the son of Shealtiel, saith the Lord, and will make thee as a signet: for I have chosen thee, saith the Lord of hosts.


My Mendenhall Reference Bible list Isaiah 43:9

as a reference to that verse.

Isaiah 43:9

New American Bible (Revised Edition)

9 Let all the nations gather together, let the peoples assemble! Who among them could have declared this, or announced to us the earlier things? Let them produce witnesses to prove themselves right, that one may hear and say, “It is true!”


Footnotes from the NABRE state:

Isaiah 43:9 

"Who among them…?: God, and only God, can foretell the future because it is he who brings it to pass. The argument from prediction is an important theme in Second Isaiah and occurs also in 41:22; 43:10; 44:7–8, 26.

and 

Isaiah 43:10 

says:

“Ye are my witnesses”, saith the Lord, and my servant whom I have chosen: that ye may know and believe me, and understand that I am he: before me there was no God formed, neither shall there be after me

and footnotes from the NABRE state in part:

43:10 You are my witnesses: Israel’s role as chosen people now takes a new turn as they are given the active role of bearing witness before humankind to the Lord’s role in history by proclaiming events beforehand and bringing them to pass; see also 44:8. The false gods, on the other hand, cannot produce such witnesses.


Where's the other witnesses?

This isnt the only instance like this, we have seen this displayed over and over and over again.

If you would have been following along from about seven years ago? You would know exactly what I am talking about.


So how is it possible?

“Ye are my witnesses”, saith the Lord, and my servant whom I have chosen.


WE have his seal of approval.

(Signet)

When are you going to admit it to yourselves and give us yours as well?

It's pretty obvious wats going on.


Accept Christ as risen lord and savior.

Do it today.

You're not guaranteed tomorrow.


I love you baby.

TTYS.








Afternoon my sunshine.

 


I love you baby.