Labels

Sunday, November 17, 2024

No Excuses Accepted - by Karl Denninger

 All three.

House, Senate and Presidency.

There is thus no blocking of agendas.  No bogus impeachments.  No games.

Either tear down the medical monopolists and illegal invader problem -- all of it -- using existing statutory authority in 15 USC Chapter 1 and 8 USC 1324 and do it within the first few months or, by the time the House and Senate midterms start to be contested which is in the spring of 2026 Trump loses both.


Either we collapse the cost-of-living and accept what comes from that in the asset markets (and yeah, it will be serious) or in the midterms the Republicans lose both houses and that's the end of the show because the Democrats will not take those steps.  The root of the problem lies in these two places; there are plenty of others to be addressed but if these two are not done the rest doesn't matter.

Incidentally, if you want further evidence of the inflationary impact and how close the impending detonation is, and why it must be taken care of right now and criminal indictments must come in size, right now -- no excuses -- the single-month deficit spending was outrageous in October; last month CMS spending was up over 50% compared with the same month last year.  The internals were even more-ridiculous; benefit payments under the supplemental trust fund were 243% last year's levels -- almost 2-1/2 times and hospital payouts were at 209% last year's figures for the same month.

Last chance folks, and it literally has to begin with no excuses -- and plenty of felony indictments -- on January 20th at 12:01 PM.