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Da Meddel Fanger!

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    1. Zero Hedge’s puddle watching has a bar chart pinned to the top of its twitter clearly showing how those 2020 votes were fabricated.

    2. Control of the House of Representatives has still not been officially called.
      Votes are still being counted. However, Polymarket is showing that the Republicans have a 96% odds of retaining the House, so I assume that the vote-counters know where the remaining votes will fall.

      I’ll breathe a sigh of relief when the House is called. There will be no impeachments or sham committees this time.

  1. Celebrities react as Donald Trump wins 2024 US election victory to become president

    Rapper Cardi B posted a photograph to Instagram, writing: “I hate y’all bad.” Earlier in the night, she deleted a post in which she said of the voting stats: “This is why some of y’all states be getting hurricanes.”

    Christina Applegate urged people to “unfollow” her if they had “voted against” female and disability rights.

    “Unfollow me because what you did is unreal,” she wrote. “Don’t want followers like this. So yeah. Done. Also after today I will be shutting down this fan account that I have had for so many years because this is sick.”

    She added in a follow-up post: “My child is sobbing because her rights as a woman may be taken away.”

    Oscar-nominated actor Jeffrey Wright, whose credits include the Hunger Games franchise, The Batman and TV series Westworld, re-shared his earlier post, which read: “We’re crazy, America. But we’re not as crazy as Trump”, with an addendum: “Let me just say ‘I was wrong.’”

    Community star Yvette Nicole Brown said ahead of Trump’s win: “It looks like this nation is choosing a criminal. AmeriKKKa is showing out tonight. Just showing out,” while John Cusack, a noted critic of Trump’s, said: “The fact that the country would choose to destroy itself by voting in a convicted felon rapist and Nazi is a sign of deep nihilism. To put it mildly.”

    But in the world of celebrity, the outcry was louder. Succession actor Dagmara Dominczyk wrotr: “Trump won because the majority of Americans are ignorant enough to choose a corrupt, unhinged felon born with a silver spoon in his nasty mouth over a woman of colour. That’s it. Nothing else mattered to them. It’s disgusting, shameful, and clear as day.”

    In Britain, His Dark Materials author Philip Pullman was less than enthused about Trump winning the election, and responded by saying “goodbye” to America, adding: “It was nice knowing you.”

    Comedian Jenny Eclair branded the result “unbelievable” while Armando Iannucci, creator of The Thick of It and Veep, referenced the result by stating: “And it’s only Wednesday.”

    https://uk.news.yahoo.com/celebrities-react-donald-trump-2024-091830416.html

    1. “Christina Applegate urged people to “unfollow” her if they had “voted against” female and disability rights.”

      Could it be those 30 lesions on her brain?

      1. Yeah, NOW they suddenly know what a woman is.

        I also thought it was so hypocritical that they spent the past two months on Twitter flaunting their grrrl power, but then when it was the men’s turn to show up and vote, they were ALLLLLLL about the sexism.

        What’s good for the gander is good for the goose, beeyotches.

    2. “I hate y’all bad.”

      Cope and seethe. Oh, and you’re a rapper, you should be able to recite a few lines without reading a teleprompter or a cell phone.

        1. The hurricane thing she said was bizarre.
          No it wasn’t, cause remember, they are the Party of Science, oh wait…

  2. Trump’s victory is meaningless without a top-to-bottom purge of globalist traitors and corrupt elements from our captured, subverted institutions of government, especially the DoJ and FBI that have been weaponized against Democrat-Bolshevik political opponents. JD Vance & Ron Paul also need to prevail on Trump to deal with the criminal private banking cartel known as the Fed that is a cancer on our economy and society.

    1. Trump won’t need to seek revenge because every appointee already has that on the top of their mind. Revenge is the only reason they want a job in the Trump administration. Democrats are going to be targeted in every way possible in every possible way, from criminal prosecutions, to tax audits, to EPA investigations, and even things as simple or routine things. The appointee will say, oh, you’re a Democrat? Too bad, so sad, you don’t get what you want. It will be glorious.

      1. I don’t want to see malicious persecution of Democrats – that would just be trading one form of tyranny and government overreach for another. We need a restoration of the rule of law, and accountability – which have been absent from FedGov since the Clinton Administration.

        1. I respectfully disagree. Democrats have been bullies the past 8 years. They only way to stop a bully is to fight back. I learned this personal experience in Jr. High. We need to go back at them so hard that they’re screaming “Truce!!!” at the top of their lungs, so that the next time a Democrat thinks – even for a second – of pulling these stunts again, they’ll remember the long trail of imprisoned and bankrupt Democrat friends and say, “Yeah, let’s do not that again.”

        2. I do think there should be some persecution of the most egregious actors, but not a wholesale purge. I’m thinking maybe a couple dozen: J6 committee, the corrupt DAs and judges who tried to destroy him, ANYone complicit in those attempts on his life, and those “experts” who weaponized and corrupted the purity of science to score political points.

          That last group is especially important to me.

          For the rest, I think it’s enough for them to cope and seethe and slink away.

          1. I don’t need to list the dozens if not hundreds, and probably thousands if you include no names, of people who have been imprisoned, bankrupted or destroyed by Democrats over the past 8 years. It’s payback time. Democrats can expect nothing but pain, retribution, revenge and vengeance poured out upon them. They’ve earned it. The Trump people have been keeping lists. They have been VERY vocal about it. Trump is going to let the hounds loose. It will be so much that Democrats will never, ever again even think about pulling the stunts they pulled. LIke that 9/11 mastermind in Gitmo that was so broken, so utterly destroyed, his reward for cooperating was being allowed to review vacuum engineering designs! Democrats will be so broken after this. Trump is going to finish what Lincoln started 160 years ago but failed to finish: the complete and total destruction of the Democrat Party in every possible way. Something fractured and broken and weak and different will arise from the ashes of the Democrat Party, that will hopefully fail to exist in its present form when Trump leaves office in four years.

          2. I can think of several that must be indicted. The FBI/intel guys that knew Hunters laptop was real but staged a coverup right before the last election. That’s a bunch of high level scumbags that need to pay. Punishing crime is done so others won’t do it again.

            The CCP virus lab cover up. Fauci needs to hang. We can’t have guberment ‘scientists’ spend millions to find a virus and make it more deadly to humans. And then it ‘gets out.’ We gotta get to the bottom of that IMO.

          3. For the rest, I think it’s enough for them to cope and seethe and slink away.

            All of them need to be identified and exposed.

          1. Well, maybe not “hang,” but for sure he belongs in a cell. Maybe he can shag Elizabeth Holmes while he’s there.

  3. TRUMP WINS (AGAIN!) MEDIA MELTDOWNS GO SUPER NOVA – GREATEST COMEBACK IN HISTORY!

    Mark Dice

    17 minutes ago

    Donald Trump won the 2024 presidential election in a shocking victory, not only winning the electoral college, but also the popular vote, and we took back the senate! Mark Dice has the media reactions, and they’re just getting started.

    https://www.youtube.com/watch?v=OvDxYeKYYps

    11:37.

  4. A heartfelt “F*ck you” to the Democrat-Bolshevik vermin that have turned Colorado blue and ruined this once-great state.

    1. Colorado is dead. Killed by fraud, motor voter and mail in ballots. (oh and legalizing pot)

      It’s just Eastern Kalifornia now (well has been but it should be super obvious by now)

    1. She was expecting to have the presidency handed to her, then showed how she had no class when she lost.

      The nightmare has been stopped. Now the real work begins.

      1. Job #1 is to restore integrity, responsiveness, and accountability to our globalist-captured institutions of governance. That means putting an end to the two-tier justice system and overturning travesties like the J6 Soviet-style show trials. Purging the military leadership of the craven Democrat-Bolshevik tools who have imposed “wokeness” and coercively forced dangerous experimental “vaccines” on the troops should also be high on the agenda.

      2. “She was expecting to have the presidency handed to her…”

        Yep, only carried a victory speech. Wuh happened?

      3. Now the real work begins.
        Are we willing to do the work? Jury is out and I am not hopeful, but I was also worried about the election so, what do I know.

      1. She’s probably doing an imitation of Adolf H in the movie where he loses it, the scene that gets reused and subtitled for other situations.

        “What happened in North Carolina!? I was told we were going to stuff the ballot box there and that it was a slam dunk!!”

        “Apologies, mein fuhrer, we did stuff the ballot box in North Carolina and other states, but it wasn’t possible to do enough to win. Too many people were watching every step of the way.”

        Upon hearing this, she goes into a tirade, and throws chairs and other objects at her staff.

        1. Ah yes, the Downfall parodies. There’s a great version that was made right after RFK endorsed Trump, amid those fireworks. But I can’t find it on X.

      1. “Be the change you want to see in the world.” — Gandhi

        “I’d fight Gandhi.” — Tyler Durden, FIGHT CLUB

          1. It was a few news cycles ago but the coke found in the White House may have been Kamala’s rather than Hunter’s.

    1. needs to burn them to the ground, fire everyone (guillotine is also an acceptable answer) and salt the earth where their buildings stood so nothing grows there ever again.

  5. Andrew Bolt mocks left-wing media’s ‘trauma’ over Donald Trump’s win

    Sky News Australia

    4 hours ago

    Sky News host Andrew Bolt has mocked left-wing media over their “grief” and “trauma” as Donald Trump wins the 2024 election.

    It comes as Donald Trump won a decisive victory in the US Presidential Election over Kamala Harris, becoming only the second president in history to secure two non-consecutive terms.

    “Can we pause for a moment on the show, out of respect for the grief that is now being felt by all those ABC staff, their trauma. Okay, that’s enough,” Mr Bolt said.

    https://www.youtube.com/watch?v=NaHoBPVa0mw

    7:41.

    1. 10yr yield is about 4.5 this morning. If you’re a lib and a rate dater it’s not a good Wednesday morning.

      1. Wa happened to my 81 million voters? They are 17 million short right now. It’s almost like they never existed!

        1. They never existed and I hope Trump forms a commission to study the results of the 2020 election and comes back saying that yes, there were 17 million fake votes. He will then formally put an asterisk next to Biden’s so-called 81,000,000 votes into the historical record, forever.

          1. Speaking of fabricated statistics, now that Kamala has been defeated, I’m guessing our Soviet-style BLS and CPI bureaus will suddenly start revising past rosy inflation and unemployment data, while putting out more accurate numbers going forward. Deliberately falsifying such data to make an incumbent administration look good should be a felony punishable by hard time in a federal slammer.

  6. It’s interesting to see the leftie pundits all talking about how they hope
    President Trump holds out the olive branch.

    Personally, I want traitors put in jail as they have caused damage to our country and loss of life, for personal gain.

    I think it’s obvious that campaigning after being shot at destroys the argument that Trump is doing it for his personal gain.

    And we all need to get up every day and know that we are the majority, and that majority is much larger than evident from the election, because we all know they cheated as much as they could.

      1. The Great Replacement is being facilitated at the highest levels of FedGov & the Deep State. Mass deportations without dealing with the architects and enablers of the invasion are doomed to fail.

  7. Tuesday night, Cruz alluded to the millions that national Democrats poured into the race, saying Senate Majority Leader Chuck Schumer, D-N.Y., had tried to buy the Senate seat like a “piece of Manhattan real estate.”

    “Well, I want to say thank you, Chuck, and I hope we win a few more Senate seats tonight because you wasted so much money in Texas.”

    https://www.msn.com/en-us/news/politics/cruz-defeats-allred-in-u-s-senate-race-to-earn-third-term/ar-AA1tzVbn

  8. LILLEY: American voters pick Trump to fix the economy

    In the 1980 presidential election, Ronald Reagan famously asked the question, “Are you better off than you were four years ago?”

    On Tuesday, Americans answered that question in the 2024 election by handing the White House to Donald J. Trump once again.

    Pundits who can’t fathom why anyone would ever vote for Trump need to remember what James Carville, a strategist for Bill Clinton, said in 1992, “It’s the economy, stupid.” For anyone trying to understand the election results, really it is that simple.

    I think of Anne, the woman I met a few weeks ago in Arizona. She lives in suburban Phoenix and while she had concerns about Trump and while the messaging from the Democrats about Project 2025 had clearly hit home with her, she was voting based on what was best for her family economically. In Maricopa County, home prices had skyrocketed 47% in four years, a trip to the grocery store was much more expensive than it was four years ago, Anne wasn’t feeling that Joe Biden, and now Harris, would deliver for her family.

    Trump had won Maricopa County and Arizona in 2016, Biden flipped it blue in 2020 and on Tuesday, voters in Maricopa turned Arizona red again for Trump.

    There were countless people like Anne, not just in Arizona but in Georgia, in Pennsylvania, Michigan and Wisconsin. These people aren’t Nazis or Nazi supporters, as the lunatics on too many cable news shows have tried to describe Trump and his supporters, these are simply people who answered the basic question – are you better off than you were four years ago.

    There was plenty of talk about tone, rhetoric and divisiveness in this election campaign. It’s time for those on the so-called progressive side to examine themselves on that front.

    Over the coming days and weeks there will be plenty of analysis of what each campaign did right and what they did wrong. Yet, when you consider where Trump was four years ago and what he has been through ever since, this is undoubtedly the greatest political comeback in American history.

    https://www.msn.com/en-ca/news/politics/lilley-american-voters-pick-trump-to-fix-the-economy/ar-AA1tBOrn

  9. It seemed unthinkable on Jan. 7, 2021. Now it’s reality.

    DONALD TRUMP will retake the presidency after making sweeping gains in state after state, with group after group, slashing away at the margins that kept him from a second term four years ago. He declared victory in a raucous speech in West Palm Beach last night, where he hailed “the greatest political movement of all time” — a boast that suddenly did not sound like unhinged hyperbole.

    The implications are immense. Having lifted many down-ballot Republicans to victory, the present GOP will be much more pliant than the one he inherited in 2017. With a comfortable Senate majority, he’ll be able to stock his administration with proven loyalists, seek revenge on his enemies, end his own federal prosecution, potentially pardon Jan. 6 convicts, upend the global free trade regime, further rewrite the U.S. tax system, hand the reins of agencies to ROBERT F. KENNEDY JR. and ELON MUSK, force Ukraine to settle the war in Russia’s favor — and the list goes on and on.

    But set the policy aside for a moment. As a political feat, Trump’s victory is remarkable: Not only does a popular vote victory seem likely, he appears on track for a sweep of the swing states. He defied poll-driven predictions of a razor-thin race, racking up big marginal gains compared to JOE BIDEN in a wide range of counties and precincts — rural, urban and suburban.

    “Across the more than 1,300 counties where the Associated Press estimates that at least 95 percent of the vote has been counted, Trump has improved on his 2020 margin in 92 percent of them, according to a POLITICO analysis,” Jessica Piper writes. “The median county shifted a bit under two points in Trump’s favor.”

    He had coattails, too, at least in the Senate: Potential new Republican senators in Michigan, Pennsylvania and Wisconsin are riding Trump’s margins to possible narrow wins. Democrats could still take the House, but a GOP trifecta is not out of the realm of possibility.

    The evidence of a remarkable political realignment is scattered across the map. Trump made a 25-point gain among Latino voters compared to 2020, according to ABC News exit poll data, winning Latino men by 10 points after losing them to Biden by more than 20. Take Starr County, Texas — 97 percent Latino — which has voted Democratic in every presidential election since 1896: Trump won it by 16 points. That narrative of a “garbage”-driven backlash among Puerto Ricans? He won Osceola County, Florida, an islander haven Biden won handily. Latino gains brought him within five points in New Jersey, a Republican’s best finish since 1992, per Steve Kornacki.

    Trump did exactly what he said he was going to do — relentlessly focusing on cutting Democratic margins with key elements of their coalition, unabashedly targeting men of all ages and races, and otherwise swamping what many assumed would be a surge of women for Harris. In fact, early exit polls yesterday showed Harris’ margin with women voters was less than Biden’s in 2020, WaPo’s Isaac Arnsdorf, Cleve Wootson and Anumita Kaur report.

    “Trump was Trump,” one Democratic pollster told us overnight. “He told us what he would do, and he did it.”

    https://www.politico.com/newsletters/playbook/2024/11/06/trump-on-the-cusp-00187733

    1. My experience yesterday in Texas was smooth and efficient. The line was long but moved along. You pop yer license in the machine and it calls everything up, I got a tiny piece of paper with a number on it. Next station gave me the blank ballot paper. Ran it into the ballot box and answered the process on the screen. Printed and took to the final station, fed it in, walked out. And with the number on the paper I can look up my vote to make sure it matches. Everything on camera, not a lot of room for suitcases or pallets of ballots. I’d still like to go back to all paper but it was pretty good here.

    1. Realizing the depth of liberal despair and trauma this morning, we must reach out to them, and mock them unmercifully.

  10. Donald Trump winning the US Presidency will bring “nothing good” for New Zealand, former National Party leader Todd Muller says.

    Senior politics lecturer Dr Maria Armoudian told the Herald another impact for New Zealand from a Trump win was climate change, which was going to affect everything including housing and insurance.

    He doesn’t understand the science and doesn’t engage with scientists, she said.

    The mood of attendees at a ticketed American Chamber of Commerce event at Auckland’s Empire Tavern was mixed. Another attendee, former New Jersey man James Brookman, felt disappointed that Harris was not doing better.

    “I detest Trump and everything he stands for and everything he’s done. And for this to be happening again I think it’s just disgraceful, I [didn’t think] that he could have risen to this point again.”

    Ardent Trump supporter Chris Dean was “very pleased”.

    “In fact, it’s more of a relief to be frank and everybody here and everybody in New Zealand should be very, very pleased.”

    On why Kiwis should be pleased with a person who is a convicted criminal Dean told the Herald the trials Trump went through were equivalent to the “Stalin show trials”.

    “The majority of America is not concerned [with the criminal cases], we knew it was an attack against a political opponent.”

    https://www.newstalkzb.co.nz/news/politics/us-election-nz-reacts-to-trump-s-lead-in-election-nzd-hit-potential-tariffs/

    1. The rest of the world has simply been brainwashed by the US media just like libtards in this country.

      1. The rest of the world has simply been brainwashed by the US media
        I am in Malaysia and two nights ago hanging out in a bar and grill I looked up and CNN was playing in the bar. election stuff.
        Not really what I expected but Yeah. I know a woman from Thailand who is just nuts over climate change, and she sell concrete. Her: “Gotta Make Concrete produce less greenhouse gasses” Me Huh????

    2. The globalist quislings in the WEF colonies of Australia, Canada, and New Zealand must be feeling dread at the magnitude of the populist rejection of the globalists’ hand-picked tool, Comrade Kamala. This amoral vacuous harpy was supposed to impose the same globalist template on the former USA that has been imposed on the aforementioned WEF colonies.

      1. WEF colonies of Australia, Canada, and New Zealand must be feeling dread at the magnitude of the populist rejection of the globalists’ hand-picked tool,
        Hopefully Canada follows the US shortly.

    3. The New York Court of Appeals now has political cover to overturn those DJT felonies. No unanimous jury conviction of an underlying crime –> no underlying crime –> can’t commit a felony in furtherance of the nonexistent underlying crime –> DJT walks.

  11. Philanthropist and Levi’s heir Daniel Lurie took the lead in early returns Tuesday, holding an edge against incumbent Mayor London Breed and three other Democrats vying in the heated race for San Francisco mayor.

    But with thousands of votes still uncounted, the final results were far from clear. San Francisco’s ranked-choice voting system, which allows voters to select multiple candidates by order of preference, complicates the process of quickly identifying a winner.

    Speaking to supporters Tuesday night at the bar Victory Hall in the South of Market district, Breed struck an upbeat tone and urged patience with early results. “It ain’t over ’til it’s over,” Breed told the crowd. “I have been behind before. I have been counted out before.”

    In a marked shift for San Francisco, the city’s wealthy tech sector played an influential role in this year’s mayoral race. Tech titans who have put down roots in the city — and who continue to see San Francisco as an international hub for high tech — poured millions of dollars into campaign contributions, pressing for an outcome that would infuse this famously liberal city with more centrist politics.

    Detractors painted the election as a referendum on Breed’s efforts to address sprawling homeless encampments, rampant property crime and a flagging post-pandemic economy that cut at voters’ sense of a safe, well-functioning city.

    “People in San Francisco are frustrated. On crime, on homelessness, on conditions of the streets,” said Jim Ross, a veteran Bay Area Democratic strategist. “The other issue is, this is Year 6 for London Breed. Any politician, their sixth year in office is really a difficult year because people are really looking at you as ‘What have you done?'”

    Both Lurie and Farrell promised a more concerted crackdown on crime and homelessness and to reinvigorate the downtown economy. They emerged as appealing alternatives among voters who appreciated Breed’s messaging but had lost confidence in her ability to guide San Francisco out of crisis.

    https://www.msn.com/en-us/news/world/levi-s-heir-daniel-lurie-leads-in-early-returns-in-heated-san-francisco-mayor-s-race/ar-AA1tAEVx

  12. GOP Newcomer Ousts 3-Term Democrat From Montana US Senate Seat

    Tim Sheehy defeats Sen. Jon Tester (D-Mont.) in key contest that boosts Republicans’ chamber majority.

    First-time candidate Republican Tim Sheehy has ended Montana Sen. Jon Tester’s (D-Mont.) three-term tenure in the U.S. Senate, capturing a seat that boosts the GOP’s newly-gained majority in the chamber.

    The race was called at 6:26 a.m. Eastern Time on Nov. 6 by The Associated Press, with Trump-endorsed Sheehy leading 52.8 percent to 45.4 percent over Tester, the only statewide-elected Democrat in deep red Montana.

    “We The People made our voices heard, we completed our mission, and now we will secure our children’s future and save America together!” Sheehy wrote on the social media platform X.

    Republicans had already secured control of the Senate even without the flip in Montana.

    Tester, 68, was seeking reelection in a supermajority GOP trifecta state that former President Donald Trump won by 16.5 percentage points in 2020 that has been reliably Republican for decades; state voters haven’t elected a Democrat to the House since 1994 and only two Democrats since 1952—Bill Clinton in 1992 and Lyndon Johnson in 1964—have won presidential elections in Montana.

    Sheehy, 38, a Minnesota-born former U.S. Navy SEAL and Iraq/Afghanistan war veteran, founded aerial fire-fighting company Bridger Aerospace in 2014, which employs more than 200 Montanans.

    Tester, who never endorsed Democrat presidential candidate Vice President Harris, in both debates and in campaign stumps, touted his key vote in the Senate to secure billions for union job-generating infrastructure projects for the state in 2021’s Bipartisan Infrastructure Law and 2022’s Inflation Reduction Act.

    He was critical of the Biden administration’s border policies, calling the repeal of Trump’s stay-in-Mexico policy “a bad decision” among “other decisions [Biden] made I thought were bad for the border,” he said during the second debate.

    Democrats entered the 2024 election cycle with a 51-49 chamber advantage. Unlike 2022’s midterms, when the GOP was defending 20-of-34 seats in the split 50-50 chamber, Democrats and the four independents who caucus with them are defending 23-of-33 seats on Nov. 5.

    Republicans needed only flip two to notch chamber leadership and began Nov. 5 near-certain to take one seat, when two-term Sen. Joe Manchin (D-W.V.) became an independent and announced his retirement. West Virginia Gov. Jim Justice, a Republican, is the overwhelming favorite to succeed him in a state where Trump garnered nearly 69 percent of the vote four years ago.

    More than $250 million has been spent in Montana’s U.S. Senate race, making it the most expensive election in state history, with Democrats committing millions in boosting Tester’s campaign.

    https://www.theepochtimes.com/us/gop-newcomer-ousts-3-term-democrat-from-montana-us-senate-seat-5754164

    1. Rates & Bonds
      Will the Fed really ‘lose control’ of the bond market?
      By Jamie McGeever
      November 5, 2024 10:30 PM PST
      Updated 19 hours ago
      Commentary
      By Jamie McGeever
      Federal Reserve Board Building in Washington
      The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File

      ORLANDO, Florida, Nov 5 (Reuters) – When Federal Reserve Chair Jerome Powell and his colleagues meet this week to discuss their next interest rate move, they’ll face a much more complicated situation than they did only two months ago, due to the historic rise in long-dated Treasury yields since the central bank’s jumbo rate cut on Sept. 18.

      The 10-year Treasury yield has since shot up by around 70 basis points, sparking fears that the central bank is at risk of ‘losing control’ over the long end of the yield curve.

      Granted, a large part of this spike in yields has been driven by so-called ‘Trump trades’, investors selling Treasuries in anticipation that Donald Trump will return to the White House and pursue extremely lax fiscal policy.
      But it likely also reflects the solid economic growth and sticky inflation indicators seen in the United States since September, which have raised doubts about the wisdom of the Fed’s decision to start its easing cycle with a cut of 50 bps.

      Of course, the Fed doesn’t actually have true ‘control’ over this part of the curve to begin with. The Fed’s main policy rate is an overnight interbank rate.

      But investors do have faith that the Fed can exert some control over long-term borrowing costs, given the success of the smorgasbord of policies it has implemented since 2008 to do just that, including trillions of dollars in bond purchases, so-called quantitative easing; forward guidance; and a curve-shaping mechanism dubbed ‘Operation Twist.’

      https://www.reuters.com/markets/rates-bonds/will-fed-really-lose-control-bond-market-mcgeever-2024-11-05/

  13. Libtards are incapable of logic, reason, or accountability. Editorials calling on them to be introspective and learn the lessons of Kamala’s disastrous campaign will fall on deaf ears, since all they can do is lash out emotionally and blame everyone but themselves for their failed policies and pathetic candidates.

    https://www.jpost.com/us-elections/article-827863

  14. Corrupt insider trader booze hag Nancy Pelosi: “There’s no point in saying good morning because it certainly isn’t one.”

    Au contraire, Nancy. It’s a glorious morning and a new day for America. It would be a darn shame to see Merrick Garland replaced with someone who upholds the rule of law and will slap the cuffs on those guilty of insider trading and systemic corruption.

    https://x.com/MarioNawfal/status/1854170525225890234

  15. In 2008, Goldman Sachs errand boy Barack Obama forced taxpayers to bail out the TBTF banks, while his corrupt AG Eric Holder ensured no banksters went to prison for causing the Great Financial Crisis. In the interim, millions of former sheeple have become red-pilled. Last night’s election results suggest American taxpayers will be in no mood to bail out Wall Street again, when the Wall Street-Federal Reserve Looting Syndicate causes another, worse GFC and bank failures.

    https://citizenwatchreport.com/swiss-finance-minister-declares-public-goodwill-for-banks-is-gone-taxpayers-wont-foot-the-bill-for-bank-misconduct/

    1. “American taxpayers will be in no mood to bail out Wall Street again, …”

      They weren’t in the mood last time, either. But IIRC, the constitutionally protected peaceful protests were shut down.

  16. Steve Bannon got sent to the gulag on trumped-up charges by Nancy Pelosi and her DoJ and FBI minions. He’s not in a forgiving mood, now that he’s emerged from four months in a federal prison – the only federal inmate EVER sent up on a misdemeanor conviction — and is more dangerous than ever to the Deep State and weaponized DoJ and FBI.

    https://www.mediaite.com/tv/you-people-suck-bannon-vows-doj-and-fbi-will-pay-the-price-when-trump-re-takes-office/

    1. the only federal inmate EVER sent up on a misdemeanor conviction

      You’re forgetting about Peter Navarro.

    2. I just got off the phone with someone who would know. SKB has no interest in serving in the next administration.

      1. Bannon still seems very pro-DJT. I guess he’s happier doing his podcasting than policy now. Which is ok, people change — he might be softening.

      2. SKB will be more effective serving as a leader and organizer of the anti-globalist hard right, which needs to build a mass movement capable of purging the Establishment GOP of RINO traitors and neocons, then recasting it as a true champion of the American middle and working classes, especially the white blue collar workers so reviled by the globalists & their soft-hands uniparty hirelings.

  17. It’s glorious watching the Democrat-Bolshevik faithfuls’ dismay at Kamala going AWOL when they needed to hear from her the most. Those who have been on benders might be more sympathetic to her need to sober up before she faces the cameras to give her concession speech, as Joe Biden chortles from his West Wing seclusions as he gets the last laugh.

    https://www.dailymail.co.uk/news/article-14049277/kamala-harris-delays-concession-speech-donald-trump-victory.html

    1. I can’t believe the DNC didn’t recognize that this is exactly what Hilary did in 2016. The stong woman candidate not being strong enough to make an appearance, the teary-eyed supporters being kicked out of the venue — heck even the text of the speech was nearly identical. What horrible optics.

      I will watch Special K’s concession speech and body language with great interest. I still maintain that Special K has been souring on this job, possibly since as early as mid-September. She know’s that she’s not cut out for this. My money is that she is secretly relieved she lost, and now she just wants live her life unburdened by what has been. Kamala needs to go back to California with her Dougie and do what Kamala always does — put her head down and go to work.

      1. Harris said..,

        “ I concede the election, but not the things I was fighting for”

        Did she fight for anything?

        She cackled.

        She vomited up large piles of stinking verbal nonsense and cowardly non-answers to questions

        She pointed her crooked finger and accused Trump to shift the attention away from herself.

        Having accomplished zero in her life, and being installed as the nominee after being rejected by the morons, she pretended to have earned her way,

        Disgusting, She reminds me of another fat, pant suit wearing communist that DJT booted to the curb.

        It may not sound like it, but I am in a good mood 🙂

    1. Real Estate
      Weekly mortgage demand tanks 11% as interest rates surge higher
      Published Wed, Nov 6 2024 7:00 AM EST
      Diana Olick

      Key Points

      – The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances — $766,550 or less — increased to 6.81% from 6.73%.

      – Applications to refinance a home loan fell 19% for the week.

      – Applications for a mortgage to purchase a home decreased 5% for the week.

      https://www.cnbc.com/2024/11/06/weekly-mortgage-demand-tanks-11percent-as-interest-rates-surge-higher.html

    2. U.S. Markets
      US yields surge as Trump victory accelerates bond sell-off
      By Harry Robertson and Gertrude Chavez-Dreyfuss
      November 6, 2024 8:26 AM PST
      Updated 17 min ago
      2024 U.S. Presidential Election Night, at Palm Beach County Convention Center, in West Palm Beach, Florida
      Donald Trump takes the stage following early results from the 2024 U.S. presidential election in Palm Beach County Convention Center, in West Palm Beach, Florida, November 6. REUTERS/Callaghan

      Summary

      – Longer-dated U.S. bond yields surge

      – Trump win seen widening deficits

      – Tariff plans could also increase inflation

      – US yield curve hits steepest since late September

      – Focus shifts to Fed meeting

      LONDON/NEW YORK, Nov 6 (Reuters) –

      U.S. Treasuries fell sharply on Wednesday, sending yields surging to multi-month highs as Donald Trump’s election victory stoked bets on economic policy shifts that could boost deficits and inflation.

      Republican former President Trump swept back to power early in the U.S. morning, beating Democrat Vice President Kamala Harris in crucial swing states and capping a political comeback four years after he left the White House.

      Market Insight: Market reaction to Trump victory is ‘as expected’

      The benchmark 10-year Treasury yield rose as much as 18 basis points to 4.479%, its highest since July, as polls also showed Republicans winning control of the Senate and a close race for the House of Representatives.
      The yield, which moves inversely to the price, was last up 16.4 bps at 4.449%, on track for its biggest one-day rise since April.

      https://www.reuters.com/markets/us/yields-soar-trump-win-stirs-bond-vigilantes-2024-11-06/

  18. Our “Most Popular President Ever with 81 Million Votes” is now a reclusive, friendless ghost who wanders the White House in a bathrobe while his usurper DEI-hire VP invalidated his 14 million primary votes by running as the globalists’ Anointed One. But Comrade Kamala’s perfidy in backstabbing her boss has resulted in cosmic karma as Pedo Joe & Dr. Jill have the last laugh as they got to watch Kamala’s shambolic campaign go down in flames.

    https://www.youtube.com/watch?v=i_565Sa0GgA

    1. Mr. Market is anticipating Trump will push BlackRock Jay & the Fed to be more “accommodative” with its monetary policies – the last thing America needs. The Fed’s Ponzi markets are soaring on the expectation of a new orgy of Fed “stimulus”, but the resultant inflation is the last thing the middle and working classes in this country need or deserve.

      1. “…but the resultant inflation is the last thing the middle and working classes in this country need or deserve.”

        Joe Sixpack can’t afford a family sized pizza these days.

  19. Trump owes his election primarily to public anger over the “cost of living crisis” – the byproduct of the Fed’s debasement of the currency. Ron Paul and JD Vance need to impress on him that his public support will rapidly dissipate unless he moves decisively to address the root cause of inflation and rein in the Keynesian fraudsters at the Fed.

    https://x.com/SuburbanDrone/status/1854198108772524186

    1. PM investments was part of my “Harris” hedge.

      I am not negative, however, down significantly, but with a smile on my face.

  20. Saw this on CNN’s website:

    Trump’s return to power raises serious questions about the media’s credibility

    Donald Trump’s return to power is a hinge point for the American media – in ways big, small, and to be determined. His defeat of Kamala Harris is raising questions about the media’s credibility, influence, and audience. Some of the questions might not be answerable for years.

    As was posted above, they will go into full denial and double down on what didn’t work. No one will ask, “What did we do wrong? Did we go too far with the invaders and cross dressers?”

    1. File this under “Globalists gonna globe.” The globalist oligarchs who own 100% of the MSM will never stop using these media outlets as propaganda mouthpieces to try to influence, rather than inform, the sheeple and set them up for more efficient control and plundering.

    2. Some of the questions might not be answerable for years.

      Those unanswerable questions were answered the moment Elon carried that sink into the lobby of an office building in Frisco.

    1. “Republican Donald Trump beat Harris to regain the White House for a number of reasons, but the worst bout of inflation in 40 years was chief among them.”

      Own it, Powell et al.

      1. The left would like you to believe that the right is going to install a hasp and 7-pin padlock across your labia majora.

  21. A reader sent these in:

    You guys think they’ll try the whole “300k ballots were just discovered at 3 am in a swing state, all mysteriously for the dems” thing again?

    https://x.com/SallyMayweather/status/1853867335599415679

    Almost no shitlibs left in Florida 👌

    https://x.com/SallyMayweather/status/1853864683293290518

    Today is the first election my grandfather has ever voted democrat.

    Still miss you pop. RIP ❤️

    https://x.com/SallyMayweather/status/1853677686503113129

    Home renovations are not for the bottom line

    https://x.com/GayBearRes/status/1853649262338249159

    Volkswagen is trying to undo “decades of structural problems:”

    Just days after VW reported a 42% drop in Q3 operating profit…

    CEO Oliver Blume announced aggressive cost-cutting measures, including closing at least three factories in Germany and cutting wages by 10%.

    But it won’t be easy.

    Union workers are promising a “hot winter” if Blume moves ahead with his plan – and at this point, strikes could be devastating for the automaker.

    Yet, VW isn’t alone —

    Stellantis, BMW, and other European automakers are also feeling the pinch as Chinese brands gain market share.

    The good news? American consumers are probably protected — only 5% of VW cars sold in the U.S. are made overseas.

    But with VW’s future up in the air, more big changes could be down the line.

    https://x.com/GuyDealership/status/1853468482752459085

    “Small potatoes” we’re told.

    @AmericanFreight
    will be casualty of bankruptcy…winding down business & starting store-closing sales Tues. It has 357 locations across country w/344 company-owned stores & 13 franchise-operated locations w/~ 3,000 employees

    https://x.com/DiMartinoBooth/status/1853819021562450010

    Walmart has significantly reduced its imports of Christmas-themed items, shipping 340,000 kilos in the past year, down from 980,000 kilos the previous year and 1.9 million kilos two years ago.

    https://x.com/dedkatbouns/status/1853824801053495749

    “🇨🇦 homeowners face a grim 2025 as mortgage defaults loom and financial strain hits new heights.”

    Why is it so grim?

    https://x.com/ShaziGoalie/status/1853780871423078704

    “As of late last week, U.S. retailers had announced 6,481 store closures for this year, according to Coresight Research, already eclipsing the 5,553 closures it tracked for the whole of calendar 2023 and higher than any full-year total since 2020.”

    https://x.com/DiMartinoBooth/status/1853821985534394686

    New Jersey has highest share of its workforce older than age 65 (at nearly 34%), followed by Delaware (27.2%) and Indiana (23%).

    https://x.com/LizAnnSonders/status/1853764526291775987

    📢 Nightmare in North York. 😱🏚️

    📍North York, ON 🇨🇦

    I don’t think the rate reductions are helping. 📉

    This palatial North York home was bought in 2022 for $3.1M. 🏡💸

    After 3️⃣ weeks on the market, the sellers were willing to eat a $500K loss. 😬💸

    Ouch! 😣

    https://x.com/ShaziGoalie/status/1853790565743079911

    Prices are too high.

    https://x.com/RudyHavenstein/status/1853854664124703143

    I have never seen Realtors this desperate in my 30 years in this business.

    https://x.com/KirkChivas/status/1853847521572818989

    Senior care home where I know someone just announced an across-the-board 10% increase next year.

    This is a HUGE increase in cost, so I have a message for all those who called for higher inflation and now gaslight on CPI, people like @jeromehpowell @federalreserve @MaryDalyEcon @neelkashkari @greg_ip @jasonfurman @JustinWolfers @paulkrugman @secyellen
    @elerianm @jonathanchait @Austan_Goolsbee

    https://x.com/RudyHavenstein/status/1853854134140645462

    Schaeffler, an automotive and industrial supplier announced 4,700 layoffs across Europe, mainly in Germany

    https://x.com/MacroEdgeRes/status/1853878333093589309

    Another day – another 3,000 job cuts in California filed with the state. The pace has picked up since the first rate cut & we’ll get our second this week.

    https://x.com/DonMiami3/status/1853882656431202525

    Drivers are desperate for relief from high monthly payments:

    And with more Federal Reserve interest rate cuts potentially in view —

    Car owners are eyeing auto refinancing as a means to get there.

    76% of consumers are interested in refinancing their auto loans, especially if it means shaving $50 to $149 off their monthly payment.

    But auto loan rate adjustments are a slow process —

    Rates haven’t shifted meaningfully for the past few months, and a big drop will take time.

    Big picture: A refinancing boom is likely coming sometime in 2025, but who cashes most will hinge on the right timing, loan terms, and financial situation.

    https://x.com/GuyDealership/status/1853860585324077335

    Banker laughing at your loan application when you owe $40k more than the car is worth

    https://x.com/TeslaTomMY1/status/1853863187592200672

    tellantis is slashing prices of popular Jeep models:

    Right now, the automaker is targeting the Gladiator, Cherokee and Wagoneer, with price cuts ranging from $3,000 to $8,330.

    The reason?

    Jeep sales have plummeted and inventory is sky-high.

    In early Oct., the average days’ supply was 81 days — for Jeep, it was 126.

    And with CEO Carlos Tavares aiming to bring dealer inventory down meaningfully by the end of 2024…

    Stellantis is making big moves to boost demand fast and dealer clear lots.

    https://x.com/GuyDealership/status/1853845460944920696

    It feels like people have run out of money for a new vehicle. Everything has stopped. No more order outs. Ag sector not buying after harvest…. Ford dealer Midwest.

    https://x.com/lukeanderson28/status/1853868314897838144

    Not an original thought, but it is stunning that neither candidate has mentioned the irrational, dystopian, anti-science, batshit-crazy censorship, lockdowns, firings, and general totalitarian measures taken during the Covid mania.

    https://x.com/RudyHavenstein/status/1853886902157345218

    This level of US household enthusiasm for stocks usually doesn’t end well!

    On most prior occasions when consumers have been this enthusiastic about stocks (since 80s), the market has taken a major tumble. See chart

    Examples:

    Jan 2018 -> not a good year for stocks

    start of 2004 -> ahead of multi month (mild) downtrend

    March ’02 -> at start of major 2002 leg down (of 2000 – ’02 bear market)

    Jan 2000 -> ahead of March start of 2000 – 02 bear market

    March 1988 – post crash/not a correct signal

    July 1987 – Oct crash 3 months later

    April 1998 – just ahead of 1998 Russian crisis selloff

    US consumer confidence (12 month out stock market expectations) vs. SPX

    https://x.com/Lvieweconomics/status/1853449709911785564

    U.S. Stocks now account for 49% of the World’s Market Cap! The last time this level was breached was just before the Dot Com Bubble 🚨

    https://x.com/Barchart/status/1852191482066682080

    The Business Times says a big developer in China, Kaisa Group Holdings, needs money and is selling its Hong Kong headquarters office for $84 Million.

    “The planned sale is a reminder of Kaisa’s continued financing woes after it defaulted on its dollar debt in 2021 and as China’s unprecedented housing crisis approaches its fifth year.

    It also came after the developer said in September that it won creditor support for an offshore restructuring plan that lists the headquarters as one of four overseas assets that can be sold to raise cash…”

    https://x.com/kshaughnessy2/status/1853868683296465399

    California’s Commercial Real Estate Crisis

    $86 Million Loan Default

    “Koreatown’s biggest office landlord is facing foreclosure at Equitable Plaza.

    David Lee’s Jamison Properties defaulted on a $86.5 million commercial mortgage-backed securities loan tied to the 34-story office tower at 3435 Wilshire Boulevard, according to a notice filed with the county recorder last month…”

    https://x.com/kshaughnessy2/status/1853877410535538976

    “Lamborghini Lifestyle, Deadly Consequences”

    Mortgage Broker’s 2.5-Year Sentence Exposes Toronto’s High-Stakes Recklessness. 👇🏽

    https://x.com/ShaziGoalie/status/1853927506803335395

    Oh, there’s something sketchy about this company? Nobody saw this coming. $SMCI

    https://x.com/RudyHavenstein/status/1853925314474426515

    It is estimated that government spending will DOUBLE and hit $13 TRILLION by 2029.

    Meanwhile, the US posted the third largest budget deficit in its entire history of $1.8 TRILLION in Fiscal Year 2024.

    What is the long-term plan here?

    https://x.com/GlobalMktObserv/status/1853897575864434907

    After 9 years of Trudeau, sleepy suburbs in Ontario now have armed home invasions.

    Trudeau’s response? Harassing legal gun owners & hunters while letting gun criminals & smugglers run wild.

    https://x.com/PierrePoilievre/status/1853918234157752429

    Super Micro Computer (SMCI) drops sharply after the company says it does not know when they can make their annual filing. Key support level of $23.50 tagged after hours.

    https://x.com/GarethSoloway/status/1853917190480863308

    AMAZON’S BEZOS SELLS $213.8 MILLION OF SHARES

    https://x.com/DeItaone/status/1853913785561477499

    “Vietnam real estate tycoon sentenced to death for $27 billion fraud begins appeal of ‘too severe and harsh’ sentence”

    Truong My Lan is appealing her death sentence.
    In October she was sentenced to life after being convicted of money laundering in a separate case.

    “…Tens of thousands of people who had invested their savings in the bank lost money, shocking the communist nation and prompting rare protests from the victims….

    ….”Every night I still feel tormented and wonder why my family and I are in this situation,” Lan said…”

    https://x.com/kshaughnessy2/status/1853873153665007981

    What’s going on with FHA/VA mortgages?

    Delinquencies are now above pre-pandemic levels

    https://x.com/MosesSternstein/status/1853906886640402598

    We finished October with 9,826 active units. The most I have seen since I started retaining records in 2019.

    https://x.com/AustinWhittRE/status/1853904669489205459

    Source: My Realty Check.

    https://x.com/BcarmB/status/1853804441113346453

    Stimulus in China is not working:

    Prices in China fell for the sixth consecutive quarter in Q3 2024, the longest streak since 1999.

    This is 3 times longer than during the 2008 Financial Crisis when deflation lasted for 2 quarters.

    Even as China has rolled-out pandemic like stimulus, deflationary pressures have persisted.

    Producer prices have are now down for 2 straight years as domestic demand remains suppressed.

    Meanwhile, the Chinese real estate market continues to trend lower after an 80%+ drop from its peak in the HY sector.

    https://x.com/KobeissiLetter/status/1853787052828958862

    Hit and run driver runs red light and gets t boned

    https://x.com/NoCapFights/status/1853466039054701007

    Travis County Texas (Austin) is a bloodbath right now.

    https://x.com/quactuary/status/1853965113952526369

    1. Not an original thought, but it is stunning that neither candidate has mentioned the irrational, dystopian, anti-science, batshit-crazy censorship, lockdowns, firings, and general totalitarian measures taken during the Covid mania.

      ^^^^ This. There needs to be justice, accountability, and severe consequences for all the culpable parties who imposed totalitarian control measures on the population during the scamdemic, and on the Fed for the enormous damage it did printing trillions in “stimulus” out of thin air, stealing value from every honestly earned dollar in existence.

      1. It’s called pandemic amnesia and it’s a real thing. Lindyman aka Paul Skellgas talks about it. Apparently it’s common throughout history for a pandemic to disappear from the public consciousness as quickly as it came. It happened during the Black Death and the Justinian Plagues. People die and then life moves on. But the exact opposite happens with natural disasters which people remember for generations. We may never get a reckoning. I’m still pissed about Covid lockdowns but virtually everyone has moved on already, because apparently that’s what most humans do, which is a shame. There’s been no accountability for these covidians who need to be financially ruined and sent to gulags afterwards.

      2. The alleged “virus” was merely incidental to every Big Government response to it.

        These people can’t be granted authority to do anything, ever, again.

    2. After 9 years of Trudeau, sleepy suburbs in Ontario now have armed home invasions.

      Trudeau’s response? Harassing legal gun owners & hunters while letting gun criminals & smugglers run wild.

      Why oh why have the Canucks put up with this for so long? Is it because they thought Trudeau just needed more time to make his magic work and turn Canada into a utopia? It only took 4 years of FJB for US voters to tar and feather the Dems before running them out of town.

      1. Remember this is the same government that tells you to put your car keys right inside the door, so that theives are “allowed” to steal your car and leave quick without entering your home too far and threatening your life.

    3. Walmart has significantly reduced its imports of Christmas-themed items,

      I approve of this. Even if you really like to doll up the house for the holidays, you don’t really need to buy more and more stuff year after year after year.

  22. Hope and anxiety grip voters in Kamala Harris’ Bay Area haunts

    Outside a modest yellow bungalow in West Berkeley, some dealt with their election day anxiety by making a pilgrimage to Kamala Harris’ childhood home to snap selfies, hoping they would turn into treasured memories of the day the nation elected its first female president.

    “We’re very proud,” said Diana Shapiro, 53, who lives about a block away from the apartment where Harris spent part of her childhood. Shapiro’s front yard is adorned with Harris posters; inside her living room is a framed portrait of the vice president. Shapiro predicted the neighborhood, nicknamed “Poet’s Corner,” would erupt into a spontaneous street party if Harris wins. “It would be amazing to have our first woman president,” she said.

    But first, she had to wait. As the sun set on election day, people across the country seemed to be holding their breath. They were waiting for the polls to close, so the election results could start to come in. Waiting to find out, after one of the wildest and most expensive political campaigns in American history, who would be president.

    Perhaps nowhere in the country was this waiting more acute — or the excitement and anxiety higher — than in the Bay Area.

    Would the hometown girl make good? Would Harris, a self-proclaimed “daughter of Oakland” who spent part of her childhood in Berkeley and launched her political career with an underdog triumph in the 2003 race for San Francisco district attorney, win the highest office in the land?

    Joanie McBrien, 59, who lives near the yellow house where Harris once did, said she had headed out into the streets to try to walk off her anxiety. “It’s just too stressful,” she said. “It’s a close race and who knows what will happen.”

    Others came to mark the history. Phil Hackermann, 29, and Sarah Ball, 28, rode their bikes down from UC Berkeley to take photos to send to family in Germany.

    “I thought, ‘We need to take a picture and send it back home,’ because everyone in Germany is just super interested in what’s going on here,” Ball said, adding, “We are all terrified of [Donald] Trump,” particularly some of his foreign policy statements about NATO and the war in Ukraine.”

    https://www.msn.com/en-us/news/politics/hope-and-anxiety-grip-voters-in-kamala-harris-bay-area-haunts/ar-AA1tA4tv

    1. I call on everyone quoted in this article to get fully vaxxed and boosted. Because I care deeply about protecting them from a deadly virus.

    2. “It would be amazing to have our first woman president,
      She could still become the first woman president. Joe has a few years on him and 2.5 Months remain.

    1. “1 minute and 13 seconds of so much truth, my screen broke on my phone from too many facts hitting it at once.” Fact Check: TRUE

  23. The neoliberalism that fuelled Trump’s rise will endure with or without him

    We have lived over recent decades through many turning points, without ever actually turning. Perhaps every generation imagines itself at some crucial crossroads in history. This time may be no different, even as the world is holding its breath over Tuesday’s U.S. election.

    A Kamala Harris victory is vital not just for the United States but for the health of the global economy, our ability to solve global challenges, and whether democracy prevails over authoritarian alternatives on the rise.

    But while defeating Republican Donald Trump is crucial, it’s not enough. Mr. Trump takes up so much space that it’s tempting to think he’s the issue, that his defeat is the answer to what ails us. Defeating Mr. Trump won’t address the conditions of neoliberalism that have given rise to the “everything is broken” politics that he nurtures and rides.

    In 2016, when Mr. Trump first got elected, Jeremy Corbyn, then Britain’s Labour leader, called it a sign that neoliberalism – the orthodoxy that had shaped virtually all governments since the 1980s – had run its course. People were fed up, wanted change, and Mr. Trump represented the dangerous course they might choose absent an ambitious progressive alternative.

    While Mr. Corbyn’s diagnosis was right, his prediction was not. Neoliberalism has not, and will not, simply run its course.

    Neoliberalism is best understood as the single-minded pursuit of economic growth: free-market capitalism with the gloves off, where the primary role of government is to create the conditions for business to prosper and to strip away as many of the barriers to profit as politics allows. Cutting and flattening taxes, reducing welfare spending, deregulation, privatization, free trade and favouring price stability over full employment was to be the formula for prosperity and freedom.

    It has not delivered, producing, instead, extreme inequality in wealth and power – a hollowed-out and indebted middle class, persistent poverty, a class of oligarchs at one end, a precariat, characterized by insecurity and few prospects, at the other.

    The age of neoliberalism has been an age of crisis, global financial meltdowns, a pandemic, and the biggest instance of market mispricing, climate change.

    Neoliberalism has failed on its own terms, producing an era of economic stagnation, profit without increased productivity or innovation, corporate concentration instead of competition.

    Rather than protecting us from tyranny, it has brought it closer. Inequality, the shift in power from public to private, and multiple crises have eroded trust in institutions and one another, creating an epidemic of insecurity and loneliness.

    If democracy can’t deliver, why not a strongman – say a billionaire – to bring governments and their experts to heel, to stand up for some against some “other”?

    Mr. Trump embodies and exploits neoliberalism’s discontents.

    His grievance politics connects to the pervasive anger. He provides a ready list of enemies to blame: the deep state, globalists, immigrants, liberals, governments that don’t deliver or seemingly deliver only for others. His firehose of lies and venom is part of the traditional tool kit of tyrants.

    It’s ironic, because the pandemic revealed not just how vulnerable we had become but how strong we can be when acting together, through our governments. It reminded us what government can be, could have been all along. Politicians even started talking about “building back better.” But then inflation, caused largely by the pandemic, war and greed, became the latest reason to go back to business as usual.

    Neoliberalism’s failures made Mr. Trump possible. Now the tragic irony is that he represents peak neoliberalism. Don’t be deceived by his America-first protectionism. The massive tariffs he’s mooting would indeed create enormous economic dislocation, but a Trump victory wouldn’t mean neoliberalism’s demise.

    Quite the contrary: Steep tax cuts for the rich and powerful, unleashing the petroleum sector, more deregulation, more privatization and deep cuts to public services would show us what neoliberalism looks like without democratic guardrails, when the gloves are truly off – while Mr. Trump himself is immunized from sanctions.

    Some believe that Mr. Trump would bring an end to forever wars, but chaos, trade wars, cozying up to dictators are not a path to peace. A Harris victory only buys time for the heavy lifting if we are to break free of neoliberalism and the conditions that made Mr. Trump possible – time to fight the lies and conspiracy theories that undermine solidarity, treat the climate crisis as a crisis, rein in corporate power, fight hate, take on inequality.

    There’s a lot to do in little time, against a movement entrenched for decades.

    https://www.theglobeandmail.com/business/commentary/article-the-decades-of-neoliberalism-that-fuelled-trumps-rise-will-endure-with/

  24. David Rosenberg: A Donald Trump win means big trouble for the Canadian dollar

    If there is to be one casualty from a Donald Trump win (especially a GOP sweep on Congress), it is the Canadian dollar — which has already been under pressure from the fact that Canada’s GDP is expanding at a mere 1% annual rate versus close to 3% south of the border. And the growth gap has already generated a deepening interest rate gap between the two countries as the Bank of Canada turns more dovish and the Fed becomes more circumspect.

    If a Trump win does trigger a move for a further cut in the top corporate marginal tax rate to 15% from 21%, that would drive a further wedge in the competitiveness gap as well (Canada’s top rate is 38%). Tack on the deregulation thrust in the Trump platform at a time when the Canadian government is directionless on this matter, and the negative productivity gap will also widen under a GOP win.

    The math is quite simple because the implications of a further increase in Canada’s unit labor cost competitiveness gap will necessarily require a weaker currency as a balancing force (in essence, a weaker Canadian dollar makes us poorer but allows Canadians to maintain its market share globally by cutting its price). Failure of Ottawa to respond (which it won’t) will only reinforce direct investment outflows and act as a further weight on the currency.

    No matter who wins, it looks as though the free-trade agreement (USMCA) will come under review, and that is not so good for either Canada or Mexico, for that matter — seeing as the United States absorbs 80% of the export base of both countries. Then there are the tariff threats, and that would be met with a stronger U.S. dollar and weaker Canadian dollar by extension, as a logical response in the FX market.

    Then, of course, as we saw from 2016-2020, Trump’s “drill baby drill” strategy will lead to lower oil prices and undercut Canada’s terms-of-trade, being so reliant on the commodities sector.

    The loonie has already been on a weakening path, but a Trump win in particular will only reinforce that trend, and a move to C$1.50 (or 66.6 cents US) from just under C$1.40 now seems like a good bet.

    https://www.theglobeandmail.com/investing/markets/inside-the-market/article-david-rosenberg-if-donald-trump-wins-the-canadian-dollar-is-in-big/

    1. Just leave already.

      Go step on some needles in Vancouver or Toronto paying 50% more for groceries and utilities, because Orange Man Bad.

  25. Obama raked in $70M in payola for his services rendered to Wall Street during his presidency. Kamala must be distraught this morning since her electoral wipeout means her globalist handlers will discard her as casually as they did to Pedo Joe once he’d outlived his usefulness, and she won’t be collecting “speaking fees” or “book sales” in return for letting BlackRock, Vanguard, etc. run the country.

    https://x.com/SEEDanesti/status/1854217444879208875

  26. – Rate-daters and the frozen housing market. The saga continues.
    – Election or not, buyers ain’t buyin’. Houses are (still) unaffordable.
    – House prices are (still) stuck at sub-3% mortgage rates, but rates are (still) over 7%.
    – Said EVERY house buyer sitting on the sidelines, and said NO existing / used / resale house seller, or Realtor waiting impatiently for a sale: “I can wait.”
    – Something’s gotta give. IMHO, house prices have to drop, and by a lot, since rates aren’t coming down much and wages aren’t going up much.
    – Looking for a 40% price drop in houses, but not holding breath. This could take years, and probably will.

    \\

    – She’s right, you know…

    https://x.com/texasrunnerDFW/status/1853842241065742805
    Amy Nixon
    @texasrunnerDFW
    PSA to Home Sellers:

    Tomorrow, mortgage rates will still be 7% and no one will come to your open house then either

    You’re welcome.

    11:50 AM · Nov 5, 2024 · 29.7K Views

    \\

    – Data…

    https://www.mortgagenewsdaily.com/mortgage-rates
    Today’s Mortgage Rates
    November 06, 2024
    30 Yr. Fixed
    7.13% +0.09

    – The more the Fed CUTS, the more long bonds go UP. Inflation is still a thing, as is the national debt. The Fed is on deck for another 25 bps (0.25%) rate cut on Thursday. Wile E. Coyote, Super Genius.

    https://townsquare.media/site/442/files/2018/08/coyote-road-runner.jpg?w=980&q=75

  27. Neocon RINO traitors like Liz Cheney who were witting globalist tools in the weaponization of our institutions of governance against Democrat-Bolshevik political opponents are suddenly singing a new tune – as if they fear their past fecklessness and active involvement in railroading Trump and the J6 “insurrectionists” might catch up with them.

    https://www.youtube.com/watch?v=g78ZAD1gSX8

  28. – The election outcome is due in no small part to Elon Musk and the uncensoring of X.
    – A LEGAL immigrant and American patriot.

    \\

    https://x.com/elonmusk/status/1854201929519247803
    Elon Musk @elonmusk

    It is morning in America again

    https://pbs.twimg.com/media/Gbty0ylX0BIEPA4?format=jpg&name=medium

    11:39 AM · Nov 6, 2024 · 18.2M Views

    \\

    – The MSM, aka the propaganda arm of the D party, but I repeat myself, is now irrelevant.
    – The D party, aka the Communist party, but I repeat myself, is now also irrelevant. Central planning is always doomed to fail.
    – Nationalism and populism are making a comeback across the planet.
    – #LearnToCode

    – “MSM” = “Witch” here:
    Ding Dong! The Witch is dead. Which old Witch? The Wicked Witch!
    Ding Dong! The Wicked Witch is dead.
    Wake up – sleepy head, rub your eyes, get out of bed.
    Wake up, the Wicked Witch is dead. She’s gone where the goblins go,
    Belowhoo – below. Yo-ho, let’s open up and sing and ring the bells out.
    Ding Dong’ the merry-oh, sing it high, sing it low.
    Let them know
    The Wicked Witch is dead!

      1. There needs to be a criminal investigation into the $24 billion in funds earmarked for Democrat Compassion, Inc. rackets that vanished without a trace on Gavin Newsom’s watch.

  29. I’ve been thinking about this for at least a couple months: after we win, we’ll all be way better off because of the stolen election. We now know who all the traitors are. They showed us.

    And there’s the alternative of the stolen election to consider. What if Trump had won in 2020? We could very well have seen that turn coat pence win the white house last night.

    1. We now know who all the traitors are. They showed us.

      Concur. Thanks to the scamdemic, we also know who the totalitarians and dangerous rule-followers are – they self-identified in their zeal to force “compliance” on the population. That includes virtually every Democrat-Bolshevik voter, who were witting accessories to government tyranny and overreach. Never forgive and never forget.

    2. Looking beyond Trump, guys like JD Vance & Steve Bannon look set for leading roles in bilging the RINOs and necons from the GOP and replacing them with a movement of hardcore populists and nationalists who will fight for the forgotten voters in this country, instead of being water carriers for their Cabal donors like the uniparty hirelings.

  30. Harris Concedes to Trump: Aide

    Vice President Kamala Harris has not spoken publicly since former President Donald Trump was projected as the winner of the presidency.

    Vice President Kamala Harris called former President Donald Trump on Nov. 6 to congratulate him and concede the presidential race, according to a senior adviser to Harris.

    The person spoke on condition of anonymity to discuss the call.
    Harris is scheduled to address supporters in a concession speech at Howard University at 4 p.m. ET.

    The aide said Harris discussed the importance of a peaceful transfer of power with Trump.

    The Harris campaign did not immediately respond to a request for more information. The Trump campaign did not immediately return an inquiry.

    Aides with the campaigns have not appeared to publicly discuss the call.

    Trump became the projected winner around 5:30 a.m. ET on Wednesday.

    Harris declined to speak to supporters who gathered for her watch party Tuesday at the university, which is located in Washington. Harris, 60, graduated from Howard University in 1986.

    Some of Harris’s surrogates, including businessman Mark Cuban, offered congratulations to Trump, 78, around 1 a.m. Eastern Time after Pennsylvania was called for the former president.

    https://www.theepochtimes.com/us/harris-concedes-to-trump-aide-5755476

  31. Asked About Dropping Trump Charges, DOJ Says Policy Is to Not Prosecute Presidents

    Special counsel Jack Smith is prosecuting a federal election case against Trump and appealing the Florida documents case that was dismissed.

    WASHINGTON—Special Counsel Jack Smith’s office said the Department of Justice (DOJ) has a longstanding policy not to prosecute a sitting president in response to a query about whether it will drop its criminal cases against Donald Trump, who won the presidential election on Nov. 6.

    Peter Carr, a spokesman for the special counsel’s office, declined to comment on whether the office will drop its cases, but directed The Epoch Times to a 2000 memo from the DOJ Office of Legal Counsel. It states that “indictment or criminal prosecution of a sitting President would unconstitutionally undermine the capacity of the executive branch to perform its constitutionally assigned functions.”

    The statement came after multiple Republicans called on the DOJ and local district attorneys to end their prosecutions of President-elect Donald Trump after he won the 2024 election on Tuesday.

    “The American people have spoken: the lawfare must end,” House Majority Leader Steve Scalise (R-La.) wrote in a post on X. “I call on Attorney General Garland, Alvin Bragg, and Fani Willis to immediately terminate the politically motivated prosecutions of President Donald Trump,” he said, referring to Willis, the Fulton County district attorney, and Bragg, the Manhattan district attorney.

    On Wednesday, Sen. Lindsey Graham (R-S.C.) wrote on X that special counsel Jack Smith should “look forward to a new chapter in your legal careers,” adding that the Supreme Court has “rejected what you were trying to do, and after tonight, it’s clear the American people are tired of lawfare. Bring these cases to an end.”

    Former Attorney General Bill Barr, who had served under Trump, told Fox News that prosecutors should “do the right” thing and end their cases against the president-elect.

    “Further maneuvering on these cases in the weeks ahead would serve no legitimate purpose and only distract the country and the incoming administration from the task at hand,” Barr said. “The public interest now demands that the country unite and focus on the challenges we face at home and abroad. Attorney General Garland and all the state prosecutors should do the right thing and help the country move forward by dismissing the cases.”

    Elaborating, he said that the U.S. electorate has “rendered their verdict on President Trump, and decisively chosen him to lead the country for the next four years.”

    “They did that with full knowledge of the claims against him by prosecutors around the country and I think Attorney General Garland and the state prosecutors should respect the people’s decision and dismiss the cases against President Trump now,” Barr said.

    https://www.theepochtimes.com/us/calls-grow-for-jack-smith-local-prosecutors-to-end-trump-cases-5755462

  32. Trump: a Hammer Blow to Britain’s Demented, Woke Elites

    The New Culture Forum

    4 hours ago

    President Trump’s victory is a hammer blow to Britain’s demented woke elites.

    Our director @prwhittle on the greatest political comeback of modern times and our liberal elite’s deranged collective meltdown.

    https://www.youtube.com/watch?v=EoB7W8qF4L4

    4:43.

  33. The Inventory People Hate Is About To Get Worse (GTA Condo Real Estate Market Update)

    Team Sessa Real Estate

    38 minutes ago TORONTO

    This episode looks at the current GTA Condo Markets – Toronto, York Region & Peel Region for the week ending Oct 30, 2024. We also discuss how more and more investor-purchased condo units will appear on the market without parking and lockers.

    https://www.youtube.com/watch?v=SblyeoY_uXU

    16:18.

  34. Coincidence? Kamala Only Won States Where Voter ID Not Required

    by Adan Salazar
    November 6th, 2024 3:44 PM

    X users highlighted a curious anomaly on the day after the 2024 presidential election, pointing out Democrat candidate Kamala Harris only bested GOP opponent Donald Trump in states where voter ID is not required.

    “Kamala won all the states that don’t require voter ID,” one X user declared in a viral post that garnered over 83K likes and 3.6 million views as of writing.

    https://www.infowars.com/posts/coincidence-kamala-only-won-in-states-where-voter-id-is-not-required

    Jet Ski Bandit
    @fulovitboss

    Kamala won all the states that don’t require voter ID.

    #CatchingOnYet 🤔 #DodgyDems
    4:14 AM · Nov 6, 2024

    https://x.com/fulovitboss/status/1854089861399269526

  35. Iran-Backed Houthis Reportedly Declare Ceasefire Shortly After Trump Victory

    https://www.zerohedge.com/geopolitical/iran-backed-houthis-reportedly-declare-ceasefire-shortly-after-trump-victory

    Former President Trump isn’t even back in the White House, but news of his historic victory in the US presidential election has already sent shockwaves through the top leadership of the Iran-backed Houthi rebels. Reports on X indicate that the rebels have declared a ceasefire, halting a year of missile and drone strikes on Western-linked commercial and military vessels across the critical maritime chokepoint in the southern Red Sea.

    According to Defense Arabia on X, Houthi spokesman Yahya Sarea stated, “Our operations in international waters were purely defensive, and we announce their final cessation.”

    Since October 2023, Houthi rebels have launched over 80 attacks on commercial ships in this critical maritime chokepoint, sinking two vessels and killing four sailors.

    The chaos has triggered global supply chain snarls as commercial vessels reroute around the Cape of Good Hope. Even more alarming is the fact that this turmoil in the Red Sea occurred under a weak Biden-Harris regime, which was powerless in an election year.

  36. I will never forgive or forget the incredible fraud ,mayhem, destruction , border invasion and genocide that was done to US Citizens under the Biden/Harris Administration for the last 4 years.

    We pretty much know the Powers That Be that were behind this pre- planned assult on the US and the World..

    They have revealed their insane plans and they have shown their evil. Accountability is necessity.

      1. Reply: This kind of reaction is absolutely the media and liberal college professors fault!

        Response: I absolutely agree. I work for one and boy let me tell you the copium is at an all time high today. I’m sitting here comfy working from home watching my colleagues running around posting copium on our slack channel. It’s glorious to watch.

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