Bondholders or Bagholders?
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Taxed to Death
The transmission of a 369-page tax return by a certain family member has been executed, and the worthless, corrupt, and garbage government of D.C. and Sacramento are going to enjoy tens of millions of dollars of ill-gotten gains. It makes me sick. Even worse, thanks to that idiot you elected and his tax “reform” of his first term, the state income taxes aren’t even DEDUCTIBLE anymore, meaning a high earner gets to keep less than HALF what they earn. Anarchy is for me, baby. Taxes are a total waste.
Top Guns
‘Tis But A Scratch
I read a few days ago that John Cleese was saying that politics in the US nowadays seems like an endless Monty Python sketch, and he has a point. Before I look at the US equity markets today I just want to reflect on the bizarre nature of the news we are watching nowadays.
In the ‘special military operation’ in Iran it is now clear that there were never any negotiations with Iran since the war started, and it isn’t even clear that the US wanted any talks, as the person preparing to negotiate on the Iranian side, former Iranian foreign minister Kamal Kharazi, was seriously wounded in a US/Israeli attack on his Tehran home three days ago. If he survives, his enthusiasm for future negotiations might be somewhat dampened by his wife’s death in that failed assassination attempt.
Trump declared on Saturday on Truth Social that there were only 48 hours left of the ten day pause he gave to the Iranians, and if there is no ‘deal’ in that time, which frankly seems doubtful, then he would rain down hell on the civilians of Iran. Since then he has said in another ‘Truth’ that he will now not start bombing Iran ‘back to the Stone Age’ until Tuesday (tomorrow).
(more…)Liars and Fools
The majority of the pop from yesterday’s completely-made-up story by Trump that they were having “strong talks” (seriously, is English this guy’s second language?) with Iran have already disappeared. The fact that 100% of the pop isn’t gone is just ridiculous, but also a testament that there’s always some chunk of people so brain-dead they’ll actually believe the beast.
Still, it’s heartening to see the lie has been largely unwound.
