133 Comments

  1. Catherine and John,

    I noticed a distinct shift in the tone of Money and Markets this week. The news articles served more as a springboard, and a tennis match developed between you two that was highly informative, thought provoking, and engaging. John’s personality came out more strongly, as did the occasional curse (which made me smile).

    I do not know if this was a spontaneous development or if you decided as a duo to try this different approach.

    TWO THUMBS UP!!!

    1. Just happened. Quite interesting and informative stories this week, so we had a lot to say.

      1. Totally agree with this comment, it was highly entertaining and informative with all the spontaneity!

  2. On Scotland’s plan to freeze rents – is it a good or bad policy? In a normal market I would probably agree with you, that all it does is kill the landlord / middle class. But … you have also reported on the identity of landlords: Mr Global in various guises. Housing makes up such a disproportionate persentage of an average household cost of living (lower and middels class) that i believe a freeze on rent would be a strike more against Mr Global than the middle class – except a few middle classers who have joined the ride in a highly leveraged manner (one of our Princes of Orange in Amsterdam for example). The argument of landlords not being able to pay the energy bills does not hold because (at least in the Netherlands), the tenant pays the enrgy bill, not the landlord.

    1. Mr. Global has the capital to endure the caps. The small guy does not and the freeze will significantly lower the values. Favor Mr. Global. Many ways for a government to protect tennants that do not violate fundamental property rights – which will just advantage Mr. Global in long run.

  3. https://www.israel365news.com/274830/watch-red-heifers-arrive-in-israel/

    “the farmer is a devout Christian who became intensely interested in the Biblical commandment,” Stinson explained to Israsel365 News.”He began breeding cattle for this trait. So when my team and I set out to search ranches in Texas for a red heifer, his were already better suited.”

    One of the major difficulties was that the government requires tagging calves right after birth. The ear tag creates a hole in the calve’s ear, a blemish that disqualifies the calf for the Mitzvah. The farmer explained that because of COVID, the employee who normally puts in the tags did not come to the farm when these five calves were born.

    A team of rabbis from the Temple Institute flew out to inspect the calves last year … From the time of Moses, who personally prepared the first heifer, until the destruction of the Temple, only nine red heifers were prepared. Nonetheless, this was sufficient to maintain the ritual purity of the entire nation for almost 2,000 years.According to Jewish tradition, there will only be ten red heifers in human history with the tenth heifer ushering in the Messianic era.”

    1. Re: comments about Sept. 23/24 — Rosh Hashana is Monday Sept. 26.

      https://subscriber-input.solari.com/forums/topic/winter-is-coming/

      “the significant date is Rosh haShanah, marking the beginning of Anno Mundi 5783. ’82, currently ending, is a Shmita year, when all debts come due; and Elul, the current and final month is for Repentance. Previous Shmitas, in reverse order, ended in Sept 2015, Sept 2008, Sept 2001, Sept 1994, Sept 1987 …”

  4. I don’t understand how HUD made money from landlords on delayed foreclosures. Will you please explain a bit more?

    1. Civil money penalties – easier to collect when the landlord is still receiving the cash flows from rents while not paying the mortgage.

  5. Cuomo was thrown under the bus. And he’s the one who told us to expect he would have emergency powers for five years. Fauci is done, on schedule.

    1. https://pete843.substack.com/p/obligatory-fauci-resigns-post

      “This guy has handed out hundreds of billions of dollars in grant money over 40 years and earned Big Pharma trillions with his manipulations and influence. If I am Fauci I am thinking its time to get paid. Within a year of retirement or just stepping down from NIAID this guy will likely be rolling in money. He will still carry a lot of influence in HHS and the Military. Big Pharma and DTRA funded companies will be knocking on his door to reward him for his past service and put in a good word for them in Washington. His daughter at Twitter might end up with an inheritance big enough to buy the Blue Bird.”

      ARPA-H upcoming for synbio, https://www.prnewswire.com/news-releases/renee-wegrzyn-slated-to-lead-new-advanced-research-projects-agency-for-health-301622005.html

        1. “In the 2022 Solari Leashed Awards, the nominees for Best Chew Toy were …. and the winner is …”.

          1. Our attention budget goes to lifting up Heros. The chew toys get way to much attention as it is.

  6. why did Pfizer CEO Albert Bourla make the statement explaining how he was convinced the mRNA technology was ready for public general use in a vaccine without the standard trials? 
     – could be he is trying to make a case that his act as CEO in approving the actions of the corporation were in good faith reliance on experts and not an intentional fraud.  He may have been advised that there is potential legal exposure for knowingly misleading the government and perpetuating a corporate fraud and therefore the case for ‘good faith beliefs’ is being put in place.    
    Fauci could point the finger at industry if it gets ugly. at some point people may want a deep dive on what data the experts relied on to make decisions.

    I still do not see accountability unless the catastrophe is simplified and elements of causation of harm are publicly undeniable.  

    thank you for your excellent and uplifting work.

    1. for example
      18 USC §1519. Destruction, alteration, or falsification of records in Federal investigations and bankruptcy

      Whoever *knowingly* alters, destroys, mutilates, conceals, covers up, falsifies, or makes a false entry in any record, document, or tangible object with the intent to impede, obstruct, or influence the investigation or proper administration of any matter within the jurisdiction of any department or agency of the United States or any case filed under title 11, or in relation to or contemplation of any such matter or case, shall be fined under this title, imprisoned not more than 20 years, or both.

      2. The HUD IG General Counsel who falsified records in our case had to leave when her various efforts to frame us failed, including our turning in affadavits to the court documenting her criminal conduct. They just laughed. After she left HUD,she got a job running the ethics committee for the DC bar. MY guess is that was arranged by the judge in our case. He is my vote for the one who designed and oversaw the conduct of the case – all highly illegal. He was the former general counsel of the CIA under bill casey. https://www.whereisthemoney.org/hotseat/stanleysporkin-DRAFT1x.htm

  7. So I heard you said “who wants to own bonds?”. Officially bond owners only get their debt, even in liquidation. Yet in another place you wrote “In a highly leveraged company, the equity owner does not really have control. It’s the bondholder or creditor who can put the company in default.” So now I’m thinking bond owners have the power to destroy (liquidate) a company.

    If interest rates go up, would that give bond owners this power of destruction?

    1. Yes and no. If the bond holders are organized crime and can use violence with relative immunity, then the answer is almost always yes.

Comments are closed.