Category Archives: News and Notes

Updates, new commentary, announcements, and more. Enjoy!

IMPORTANT BLOG NOTICE!

02 Thursday Apr 2020

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EMERGENCY!

I have, today, declared a state of emergency at this highly respected web log.™

In order to combat the terrible effects of the COVID-19 Coronavirus (aka Wuhan-400, Kung Flu, or Wu Flu) disease and/or panic, I have imposed the following regulations:

All visitors to this site may only read content while wearing full, hermetically-sealed NBC suits, to include DOD-approved helmets (FAST, PASGT, etc.);

All visitors to this site must at all times remain a minimum of 237 feet away from each other and 16 nautical miles away from the perrinlovett.me server (400 kilometers at any time when Perrin Lovett is active at the keyboard [look for the orange light]);

No visitors, other those female visitors pre-rated as a “9+,” are allowed inside The Bunker for any reason;

No more than 22.4 visitors are permitted at this site at any given nano-second;

Visitors are not necessarily under house arrest;

No visitor shall operate an active sonar or other RF frequency-emitting device broadcasting at or above 3.33 kHz, as such might disturb the fish;

THE FOLLOW PERSONS ARE BANNED FROM THE SITE: ALL POLITICIANS AND ELECTED OFFICIALS,* All Politically-appointed Officials, All Central and Commercial Bankers, All Grabblers, All Idiots, All Mentally and/or Emotionally Compromised Persons, All Severely Intoxicated Persons, All Persons Covered Under Previous Bans, The Illiterate, All Drag Queens and +VPC’s, and All Orcs. Ban subject to modification without notice; furthermore,

All violations of the foregoing are subject to summary Phalanx CIWS or AGM-114 proceedings, future bans, or catcalls.

Together I am confident that we can BEAT THE BUG! Do your part. Safer by comb. Etc. Thank you.

– Perrin Lovett

*Exception is made, of course, for those officials to whom an express invitation was previously extended. 

Just a “Temporary” Measure

02 Thursday Apr 2020

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The Federal Reserve is easing up on those onerous reserve requirements which banks haven’t had to meet in decades.

The Federal Reserve on Wednesday eased rules around how banks account for their supersafe assets, a move meant to boost the flow of credit to cash-strapped consumers and businesses during the coronavirus slowdown.

The Fed said it would exclude for one-year Treasurys and deposits held at the central bank from banks’ supplementary leverage ratio calculation. The ratio measures capital—funds that banks raise from investors, earn through profits and use to absorb losses—as a percentage of loans and other assets.

Big U.S. banks must maintain capital equal to at least 3% of all of their assets, including loans, investments and real estate. By holding banks to a minimum ratio, regulators effectively restrict them from making too many loans without increasing their capital levels.

The banks are sitting on giant stockpiles of cash, U.S. government debt and other safe assets. By tweaking how the ratio is calculated, the Fed is effectively trying to engineer a swap. Remove Treasurys and central bank deposits from the calculation, the thinking goes, and banks should be able to replace them in the asset pool with loans to consumers and businesses.

Hey, look! The little dog is tugging on that curtain! It’s only temporary, they say – just like income tax withholding! So, what are they planning? To help us borrow our way to prosperity? Or, just out of a gravity well of existing debt? This stuff is so transparent that they may have to move up football season to divert the normies. Oh, already planning that. Carry on!

Mighty US Accepting Foreign Aid from Russia

01 Wednesday Apr 2020

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Let that sink in. BTW, an Antonov-124 has a payload capacity of 330,000 pounds. That’s a lot of help.

A Russian military plane carrying medical equipment has departed for the United States, the defense ministry in Moscow said Wednesday, as the Kremlin flexes its soft power amid the coronavirus pandemic. The Antonov-124, “with medical masks and medical equipment on board”, left for the U.S. overnight, a statement said, without providing further details.

Video released by the ministry showed the cargo plane loaded with boxes preparing to take off from a military airbase near Moscow early Wednesday morning.

Will Democrats and neocons reject any of this Russia-Russia-Russia equipment?

The Subtle Admissions

01 Wednesday Apr 2020

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Why does the following sound so familiar?

The novel coronavirus has already had a significant impact on the global economy, which will worsen if the outbreak and the shutdowns designed to contain it continue for very long. But it’s only an accelerant: If not Covid-19, as the disease caused by the virus is known, something else would have started the conflagration. Shortfalls in revenue and cash flows, caused by the shutdowns, have simply exposed the vulnerabilities of a structurally unsound economic and financial system.

Well, I mean, really, um, er … it might, you know, not necessarily be the, uh, the um, the virus thingy…

Structural instability and systematic failures. Why does that sound like what I’ve been saying for a few years now? Oh, because it is the same thing. I just noticed a long time ago. There really needs to be hell to pay, but, judging by what passes for people these days, there’s nobody capable of collecting.

 

All Gassed Up

30 Monday Mar 2020

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With nowhere to go.

It’s a little ironic: gas is the cheapest we’ve seen since almost the end of the previous century, and yet we have no place worth driving to.

U.S. crude prices fell to their lowest level since 2002, briefly dropping below $20 a barrel, as investors grew more pessimistic about oil demand.

West Texas Intermediate futures, the main U.S. crude gauge, were down 6.5% at $20.11 a barrel after hitting their lowest level since February 2002 on Monday. Brent crude, the global benchmark, fell 6.4% to $26.18 a barrel.

The taxes are up, but by the old metrics, going below $20 per barrel should yield gas under $1. I’ve seen it, where I am, for around $1.60. I’ve heard it’s $1.30 elsewhere. It’s gonna be like 1995 again! Minus the functioning society.

Remarkable Analysis

30 Monday Mar 2020

Posted by in Legal/Political Columns, News and Notes

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Just moments ago, the babbling idiots on CNBC BRAGGED!!! about the multiplier effect, noting (correctly) that for every dollar in “public” loans from that hideous $2+ Trillion bailout, five to ten dollars in private bankster loans can be created. *Poof* Instant “money.” This sounds oddly like what Todd Vispoli tried to explain to the sheeple back on St. Paddy’s Day:

There used to be a ratio – nine to one or ten to one. For every dollar in public debt, they could technically manufacture another nine on the private side, though they didn’t always do it or have to. Now, that’s a thing of the past. There are, now, no reserves to manipulate. It’s all debt-based fakery and smoke, and now, they just print whenever and whatever they think will work. Or, that they think they can get away with.

They get away with a lot. And, people brag about it. So, two trillion could become ten to twenty trillion. Like magic.

Meanwhile, Orange Man is bigger than the Batchelor.

Welcome to Clown World, the pandemic edition.

Goodbye, Public Schools?

27 Friday Mar 2020

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Maybe the best thing that has come out of the Corona hoax is the closure of the government’s “schools.” They’re done for the 2019-2020 year and it’s possible that they might not return this fall. Good riddance.

Allegedly, the kiddos are “learning” remotely. I guarantee that 90% of them haven’t even logged in since they left the prison halls a few weeks ago. And the prisons are beginning to drop all of their precious tests, now existing only to deliver lunches and host neighborhood parades.

Georgia school officials took steps Thursday to scrap final exams and relax a wide range of other accountability rules for the state’s nearly two million public-school students who have been out of class since last week due to the impacts of coronavirus.

I realize this may hamper my efforts to ridicule low scores for this year, but hopefully, this is the end of the “schools” so that will no longer be necessary.

For the other ten percent, and parents, you are essentially homeschooling. You might as well make that permanent. Kara Stiff offers some words of encouragement to that end.

My heart goes out to all the parents who were never planning to homeschool, but nevertheless find themselves teaching their children at home today. I chose this beautiful, crazy life, and I completely understand why some people wouldn’t choose it. But here we are. We have to do what we have to do. You don’t want them to fall behind. You don’t want to lose your mind.

Believe it or not, it’s a golden opportunity.

Read the whole thing, but remember that it is almost impossible to fall behind what the inmates have left. Take advantage. After their parades, and if there is any money left in the coming years, maybe some of the good teachers could involve themselves in true education.

Shaking Heads not Hands

27 Friday Mar 2020

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I realize the man is between a rock and a hard place, but dear Lord. Everything he says now sounds like the ravings from the… Ah. Don’t shake hands. Ever.

“Maybe people aren’t going to be shaking hands anymore,” Trump said, adding that he had discussed the practice with Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases. “He was saying the regular flu would be cut down by quite a bit if we didn’t do that, if we didn’t shake hands.”

The president has said he wasn’t much of a hand-shaker before he ran for political office.

I was watching (or listening) when he said that. And I remember reading, years ago, about his aversion to contact. He also puts ketchup on well-done steaks and does not smoke cigars. Should we all start bowing like the Chinese? The “Chinese Hand Shake?” How on Earth did humanity make it all these years, in such a hostile world, while engaging in such risky behavior as pressing palms?

I’m about ready to “call the time” as March of 2020. But again, this distancing from an insane society sounds better every minute. The ad says the satellite phone will provide an internet uplink (for stuff like this post) from just about anywhere. Now to look at solar inverters.

Let’s Hope So

27 Friday Mar 2020

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This could be the return to civility America really needs. Or Not. But, I’m not sure God will be all that happy with the way it’s presented here:

Could a plague of biblical proportions be America’s best hope for religious revival? As the 75th anniversary of the end of World War II approaches, there is reason to think so.

Three-quarters of a century has dimmed the memory of that gruesome conflict and its terrible consequences: tens of millions killed, great cities bombed to rubble, Europe and Asia stricken by hunger and poverty. Those who survived the war had to grapple with the kinds of profound questions that only arise in the aftermath of calamity. Gazing at the ruins from his window at Cambridge University, British historian Herbert Butterfield chose to make sense of it by turning to the Hebrew Bible.

“The power of the Old Testament teaching on history—perhaps the point at which the ancient Jews were most original, breaking away from the religious thought of the other peoples around them—lay precisely in the region of truths which sprang from a reflection on catastrophe and cataclysm,” Butterfield wrote in “Christianity and History” (1949). “It is almost impossible properly to appreciate the higher developments in the historical reflection of the Old Testament except in another age which has experienced (or has found itself confronted with) colossal cataclysm.”

War again. Notice? Drool for the bell. The hoax to end them all led to the JUDEO-Christian awakening? What? The lens of the Old Testament only. Hmmm. This is starting to smell.

I’m not sure who the next target is – likely China and/or Russia. Whoever it is, I am firmly against the next war. This one won’t go as planned, nor will the next. Kids, resist the urge to “serve,” especially in the Navy, unless you’re just dying to see the ocean floor. I’m also against all these blasphemous comments and taglines. Talk about a colossal cataclysm in the making.