When I first heard about the criminal acts of Senator Menendez and his gross second wife, I instantly thought of our patron saint George Carlin. Decades ago, he did a brilliant (of course) talk about the language of politics. This entire clip is genius, but if you have very little time, you can jump to 5:45 to get a sneak preview as to precisely what Menendez is going to claim as the weeks go on. Enjoy!
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.
Liquidity Times
Well, it’s Thursday, and since I have nothing new to say about the markets in particular, let’s just look at the latest liquidity information from the politburo of the federal government.
First off, Powell is still burning off assets held by his politburo, selling off his rapidly-diminishing value comprised of government “securities”. Stay the course, JP!

Monopoly? Who, US??
Perhaps you’ve heard that Alphabet is facing one of the biggest legal challenges in corporate history, as the federal government accuses it of antitrust violations.

Bleed ‘Em Dry!
The IRS is cranking up its audits against the rich. It’s insane that the political atmosphere is such in D.C. that pouring money into the IRS is even an issue. It is the ONLY part of the government in which $1 in yields more than $1 out. I fully support aggressive audits for all persons above salary levels that just happen to match my own.

Rally Has $1.5 Trillion to Go (by LZ)
Below are the charts of reverse repo, inverted, with crude oil (CL) and the Nasdaq 100 futures (NQ).

