Just a new guideline that is pissing me the hell off

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Desperation continues at the Fed. They're expanding their balance sheet (again), but denying that it's QE, despite the fact that they've added almost $200 billion to their balance sheet in just a matter of days. Fed Chair Powell is also out-and-about pretending that everything is just fine. Central planners always box themselves into a corner. Neither lies, nor more counterfeiting can fix the troubles they've created.

Violent unrest in Iraq over the past several weeks have claimed more than 100 lives and left thousands wounded. With a devastated economy, even 16 years after its "liberation" by the US, and with corruption rampant, it's little surprise that people are taking to the streets. But are there other factors involved in this unrest? Is the US trying to overthrow its "ally" in Baghdad?

Maddie and Jessie discuss a spicy meme that got a lot of heat... from a guy that believes the myth of overpopulation. Apparently we’ll really live in paradise when there are less of us! This and other Malthusian and Ehrlich-inspired insanity discussed this week.

No sooner did President Trump Tweet his determination to remove US troops from the "endless" war in Syria than the entire Washington Beltway had a total breakdown. From Mitch McConnell to Ilhan Omar the cry was identical: "How dare you! How dare you bring US troops home!" Will the President cave in to his enemies in Washington and the media? Or will he keep his promises and fulfill the wishes of a majority of Republicans?

The need for the Fed to shove billions into the repo market to keep that market’s interest rate near the Fed’s target shows the Fed is losing its power to control the price of money.