econ/finance/energy; I-banker by day; #NeverTrump Reaganite; #virologytwtr; master diver #GetWetGoDeep, #RedSox #YNWA #PS4L; blocked by M. Ridley; also on BSKY

Texas
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And now an update from the war on drugs.
Trump on Iran: "They were nuclear and drug. They were doing drugs but they were doing the nuclear. But these drug factories slash nuclear factories were hit so hard."
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Clearly Biden's fault.
yet another weak jobs report. We're averaging less than 100k since Trump got back into office. wsj.com/economy/jobs/septemb…
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He does like to rename things
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#Kimble2028! Proudly serving CA54! Motto: parody has to be better than this sh*t
I'm very excited that Pete Hegseth is starting the Department of Religious Affairs. Since he married two of his mistresses and his family still seems very religious, I assume his own affairs were very wholesome and religious.
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Sure, Jan
Q: You're going to Texas, Oklahoma, Ohio, Alabama, and Nebraska. Why such Republican states if you're so confident your party is gonna do alright? DONALD TRUMP: I won all of them by a lot. I'm going just to make sure
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Usually only two weeks but wars are more difficult
Awesome! Great job Mr. President! You are a hero to mankind, and deserve to be on Mount Rushmore! So it’s time to leave the region and end this war then… Right?
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Going with a big fat no on this one. chemistry is the biggest barrier.
Trump: We're going to fill up our national strategic reserves with Venezuelan oil.
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20% of the world's LNG flows through the SoH.
LNG shipments exiting the Strait of Hormuz have reached the highest level since the war began … but still remain far below pre-war levels. Unlike oil, LNG flows through Hormuz have been slow to ramp up
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🤣
We are to keep mocking this man. Make him the poster-board child of incompetence on the right.
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A funny thing happened on the way to the Forum...
Inflation numbers came out today, and the official story is that inflation went down. What the headline number doesn't tell you is that the government changed how inflation is calculated in the same release. A month ago, they said July inflation was 3.7%. Today, they recalculated July with the new formula and it dropped to 3.36%. If you measure August the same way as the months before it, inflation comes out around 3.8%, which means it went up. They didn't bring inflation down, they just changed how they calculate it. Bessent did something similar with CPI last month. You only modify the way you calculate if they numbers are that bad. They genuinely thought we wouldn't notice...
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WTFStevieRay retweeted
Inflation numbers came out today, and the official story is that inflation went down. What the headline number doesn't tell you is that the government changed how inflation is calculated in the same release. A month ago, they said July inflation was 3.7%. Today, they recalculated July with the new formula and it dropped to 3.36%. If you measure August the same way as the months before it, inflation comes out around 3.8%, which means it went up. They didn't bring inflation down, they just changed how they calculate it. Bessent did something similar with CPI last month. You only modify the way you calculate if they numbers are that bad. They genuinely thought we wouldn't notice...
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When you've lost Fox news...
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Just over a month to go before the midterms. If someone had told me in Jan that the Ds had a shot at the Senate, I would've said they were nuts. NC will flip; I think TX will flip. Paxton's ads here only mention "trans" and "gender". That's all he has. realclearpolling.com/latest-…
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$100+ Brent; record diesel/near record gas isn't winning the war. Oil was $60/bbl pre-war; SoH was open. No refined product, fertilizer, etc is getting out. Low storage levels. Iran is bidding its time until after the elections in US and Israel. washingtonpost.com/business/…
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WTFStevieRay retweeted
You fucking idiot, Jack Smith wasn't even special prosecutor when Mar-A-Lago was raided by the FBI. He was appointed 3 months after.
Jack Smith lied to Congress. He needs to be prosecuted and held accountable
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Alternative interpretation: Iran is biding its time until after the Israeli and US elections. The mullahs/IRGC are evil, not stupid .
Iran’s ability to choke off oil flowing through the Strait of Hormuz—and use that as leverage in talks with the U.S.—is breaking down on.wsj.com/46VDa4v
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