Saturday, 28 March 2020

Throw The Banks And The Fed In Jail.

Once we get out of The Greatest Depression, our only solace will be if bank management and Fed members are thrown in jail. But, of course, just like in 2008, nobody will end up on the inside. Too bad that.

First off, financial and credit derivatives traded by banks over the OTC market are not regulated by The Fed nor legislation enacted by Congress. Exchange-traded derivatives are subject to SEC and CFTC regulation. No one is minding the store to control, limit or ban OTC leverage derivative trading between banks.

As for the banks, they are willing advocates of inflating the Ponzi stock markets, more particularly, inflating their own stock price through share buybacks and the payment of special and increasing dividends to shareholders. In short, that's where bank capital reserves went, leading to last September's freezing up of the bank-traded Repo Market. Hence, trillions upon trillions of Fed phoney money injected each night, otherwise the largest American banks go into immediate insolvency. And lately, those nightly drops have become classified. Wonder why?

In short, we've learned absolutely nothing about banking and financial services' robust regulation requirement, such as that Dodd-Frank, the Volker Rule, etc. are as essential to market confidence as a strongly beating heart is to a human being. But no, banks and its allies in Congress and the Administration propose and/or roll-back regulation as much as they can. Remember, greed always remains king in crony-capitalism.

Another example of why Fed members are quite deliberately complicit in this con job is to examine bank financial reserve requirements: they were set by The Fed at 10% of reserves for the largest banks and 3% for medium-sized banks. Small banks were not required to maintain a Fed reserve minimum. But surprise, surprise, earlier this month, The Fed took the capital reserve ratio down to zero for all domestic banks.

So, what's the end game? Frankly, The Fed can inflate its balance sheet for only so long. They can buy Treasuries, bonds, mortgage-backed securities, debt, ETFs and stocks but that can't and won't reverse the current downward trend in markets and bond yields.

The bond market is already singing the theme from The Titanic. Only The Fed and stock markets remain entirely clueless as to the inevitable end-game, that will make 1929 look like a walk in the park.




Thursday, 26 March 2020

The Ultimate Ponzi Scheme: Don't Get Suckered.

We can debate whether this Depression is worse than 1929. You know it's a Depression from the moment Powell calls it a Recession.

Almost four million Americans newly unemployed. Then what about this tidbit: how we've fallen faster to this point than they did in 1929.

This is a cyclical bear market with false positives known as rallies. We're in a three-day rally and that should promote panic -- instead it engenders a false sense of security and a rallying mentality. Just nuts.

Remember that in the Great Depression, over four years we had FIVE false-positives, or if you prefer, bear-market rallies.

This three-day wonder is one of those. Why?  Because the Fed has moved on from only buying every bond and debt asset class to also buying ETFs and stocks. Guess who was likely the only one buying that Boeing stock today, when the price doubled?

There's no intelligence on Wall Street, only a deluded herd mentality. They are actually stupid enough to bid up this market based solely on Fed panic. In other words, buying up Treasuries and debt instruments was an unmitigated disaster, so let's try this!

The greed-driven stock market screams we're out of the bear, based on a narrow technical definition, while the bond market sees the Titanic iceberg on the horizon.

Well, guess what? The bond market is ten times as large as the stock market and it's telegraphing negative T-bill rates across the board. Now, who should you believe?

Add to that the Fed claming up on the amount of nightly Bank Repo injections and you should get the picture pretty fast. Is that now classified?

It's a tale of two stock markets: the Ponzi buy-back inflated traditional stocks versus gold and silver stocks. Guess which one I'm betting on?

Wednesday, 25 March 2020

FINANCIAL EMERGENCY!

For God's sake, get all your money out of the Bond Market now that one and three-month T-Bills have a negative interest rate.

Do it as quickly as you can because this disastrous trend will soon affect all the other terms. You will quite literally lose everything if you stay in bonds.

Saturday, 21 March 2020

2.5 Quadrillion: Why The World Is Truly and Firmly Fucked.

2.5 Quadrillion. That's the likely Derivative and other financial aggregate exposure across the globe. Then just imagine if official figures are under-reported, or double that and you quickly get the picture why this thing is going south -- deeper down for longer, rather than the reverse.

Derivative contracts, more often that not leveraged, make up a huge part of bank portfolio exposure. The poster child these days is Deutsche Bank, which at best, is already on life support. When Commerz wouldn't go along with the Merkel-encouraged merger with Deutsche, you knew it was already all over in Germany. Other rumblings about HSBC, JP Morgan Chase, Goldman Sachs, Morgan Stanley, Bank of America and Wells Fargo are enough to keep us up at night.

But back to the bad boys: in addition to derivatives, other negative-priced underlying instruments or financial exposure include debt, bonds, stocks, currencies, mortgage-backed securities and other asset classes. You've got the Fed buying-back treasuries, corporate bonds and mortgage instruments like it was going out of style with allegations that its trading desk is already buying stocks -- which is not authorized under current legislation. If Congress authorizes that and Trump signs it, then that's the ultimate black swan telling us that we're done as dinner. There's one hell of a lot of fear out there in the markets right now but that doesn't compare to panic and market capitulation which is probably only a few weeks off.

Then add to that the national debt and deficits meaning the American government is already broke unable to finance in a prolonged financial crisis Social Security and Medicare, while the states won't be able to adequately meet Medicaid demand even with partial federal funding. We won't even go there as regards the deliberate shortfalls in corporate pensions.

Interest-rate swaps, forward contracts and credit-default swaps are the canaries in the coal mine. The risk of counter-party default is high and growing.  The mega-mistake of 2008 was not either fully regulating all derivative contracts or abolishing them altogether.  Instead, Bush, Obama and Congress looked the other way, thereby satiating and encouraging endless corporate and bank greed. Trump is no better.

Financial calamity won't repeat itself exactly in 2020 but it certainly will rhyme.








Wednesday, 18 March 2020

Repo...

It only gets worse what with The Fed now printing 1 trillion per night for Repo payments. And that's just them getting warmed up: Repo demand is likely to reach, at minimum, 2.5 trillion per day.

Well, to sum it all up in terms everyone can understand: I'm calling for Dow 10,000 within the next three weeks.

It's a cold-blooded massacre out there.

Monday, 16 March 2020

Repo Madness.

Well, The Fed has met the clinical definition of insanity: doing over and over exactly the same thing but expecting different results.

Repo injections demonstrate a) Fed panic and desperation and b) serve to show The Fed's own lack of confidence in banks, and more broadly, the Bond and Stock Markets.

Sooooo...they were at it again today, this time with a mid-day cash injection of 500 billion,  and it didn't make one iota of difference: stocks continued to slide with The DJ experiencing the largest point drop in its history.

That's like taking a bicycle tire and trying to install it on a car. Just wait until the other real shoe drops, namely, banks leveraged 100 to 1 on derivatives. That will be the mother of all stock market drops when that sucker finally bursts -- and it will, likely sooner than later.

If you're a praying person, it would be a good idea to start now and keep it up.

Meanwhile, limited bank runs have already begun in NYC. And that's just the beginning. 

Sunday, 15 March 2020

The Fed Surrenders To The Inevitable Depression.

This is what's key: reserve requirement ratios for a large group of banks has been cut to zero-- that is a tacit admission that those banks are already insolvent and simply unable to meet normal reserve requirements. In English, they likely have less than one dollar on deposit for every ten dollar loan made. The above makes an eventual run on the banks inevitable.

Meanwhile, the guillible will focus on a Fed Funds Rate now set at 0.25%. The Fed will also purchase Treasuries and Mortgage-backed Securities to the tune of 700 billion dollars.

If you weren't previously inclined to panic, might as well start now because this Depression is totally out of control.

The Insanity Continues.

Fed Bank Repo hits 500 billion a night, while asset purchasing amount allocated is now 5 trillion.

The markets and American economy are now in free fall.

Saturday, 14 March 2020

This Blog: For Now, All Depression, All Of The Time.

If you're looking for financial bullshit delivered with rose-coloured glasses, don't waste your time here.

Here's where we stand:  we have countries in recession including Mexico and Japan. Others like Germany, France, Italy and the UK are, at the very least, wobbly.

Then you've got the continually expanding Bank Repo cash injection by The Fed, which has exploded from 100 to 150 billion dollars a day to over 300 billion, with 1.5 trillon planned by The Fed.

Trump and The Fed have failed miserably to instill long-term confidence in the American economy or the state of the financial system.

Lebanon has defaulted on the Eurobond and some of its banks have closed, with questions still swirling about such heavyweights like Goldman Sachs and Wells Fargo. Ditto in Europe concerning DB, Commerz and HSBC.

Next comes the disaster of The Fed Funds Rate which now sits at 1.25%. With the FOMC expected to cut at least a full percentage point next week, we are rapidly on our way to the economic carnage resulting from negative interest rates, which Trump strongly advocates.

And if all of that weren't enough, the US Ten Year Treasury is hovering below 1 percent, down 51% from last year.

So, the worldwide outlook looks grim with the EU, United States and Canada likely to tip into recession, to say the very least.

It may feel like an impending recession but it smells of depression what with the unknown variable of international bank stress tests -- which notably, US banks have been lobbying to weaken.

At best, blood is already in the water with Rumsfeld's unknown unknowns likely to impact all of us, sooner rather than later.

God help us.






Monday, 2 March 2020

I'm Going To Swing Me An Election!

Make no mistake, you're already on dangerous ground when you try to provoke an early election.

Minority parliaments are by necessity tailor made for elections -- but more to the point, for parliamentary cooperation first.

That's the gist of the game: you're expected to make a genuine effort to get meaningful things done for the country. Point One.

Then comes the strategic imperative of having an opposition issue, or at least a legitimate one that you can rally the country with. If you've got that, then timing is secondary. Under that type of righteous indignation scenario, your protest vote in defeating the government could quite conceivably work, even after only several months in for the Liberal minority.

But failing that, you're on thin ice politically. Governments generally defeat themselves, goes the old adage -- so you better be damned sure that you've already got it in the bag before you pounce politically. Otherwise, it's likely curtains for the emboldened and a returned and reinvigorated mandate for the besieged.

If it's not 1979 all over again, then you're royally screwed.


Sunday, 1 March 2020

Wet'suwet'en Draft Agreement.

Thank God.

It's the right thing to do. Never thought the Liberals would pull it off. Give credit where credit is due. Don't play politics going forward. Be cautiously optimistic.

Thursday, 27 February 2020

Why Mutual Respect Has To Come With Internal Division.

Tempers are riding high in the wake of the Hereditary Chiefs saying No to oil and gas development on their traditional lands.

The conflit not only pits different communities against each other but FNs themselves are widely divided themselves. All you have to do is watch the news to see different FN members verbally tussling with each other.

My advice to FNs is to always concentrate the mind first on common positions in vital areas of concern to the large and varied Commonwealth of FNs. Secondly, yes, by all means be authentic and vocal but remember that without mutual respect and restraint among FN members, that each and every other FN begins to have a losing political hand versus Ottawa, the provinces and territories.

Try to find as much common ground as is humanly possible and focus on the fact that both sides only want what's best for their own and other FNs.

Historical redress is not only overdue on a wide host of issues but it's imperative that its trajectory finally takes off without FN internal divisions creating bumps in the road. By doing that, one inevitably plays into the hands of governmental opposition.

Nothing is more important than the big picture and the urgent agenda that accompanies it. Keep that in mind as the debate rages with passion internally.

Friday, 21 February 2020

Tough Guy Politicians.

It's so easy for politicians to act tough and brave from the comfort of their living room. Political bluster is the highest form of representative cowardice.

Just listen to those big men telling all of us what to do. Talk is cheap and phoney boys. How about getting in on the action and parking your sanctimonious behinds on site -- that is, if you've actually got any real guts.

Government members can be part of the solution, you know, by negotiating a new economic framework and true partnership between governments, project proponents and First Nations. Oh yeah, I forgot, that's precisely what Trudeau doesn't want to do. Silly me.

Opposition MPs can also exercise a constructive role aimed at forcing this government to do what is long overdue: treat FNs like first-class human beings worthy of respect and consideration equal to what white people are used to receiving. Oops, I momentarily went off on an honorable tangent without realizing how opposition parties are always the toughest of tough guys. They simply can't resist their own hanging balls. So easy to BS your way in front of the public, isn't it now?

The further the distance between politician and protester, the more bellicose and threatening the rhetoric.

In short, the highly predictable actions of typically hypocritical politicians.

Saturday, 15 February 2020

Empty Vessels...

Two words, that mean everything in politics. If you come at it with a moderate perspective and keen sense of what it takes to rally the country, that's exactly what you'll do.

Now, if you're foolish enough to come at it as an empty vessel -- that your advisors pour into --then sure, you can win government but not for long.

A case in point: Trudeau, who won on hype and largely ran his government on fumes. There's no real Trudeau there, just a montage created by flailing advisors.

Think back to Mulroney, the guy that won two majorities, or Chrétien who won three. That's how you game it out in politics.

You don't do what Harper did, propelled into office only by Sponsorship, who then became his own worst political enemy, ultimately culminating in Harper being kicked out on his ass, after the way he handled the belated majority.

Harper had a choice: meet Canadians in the middle of the road or go gonzo-right. Guess which way he went?

And therein lies the political lesson for MacKay: it's all about rallying the nation and eventually winning an election.

MacKay, if he wins the CPC leadership can be all about moderation and consensus -- or he can be just another Harper.

The former gets to take down Trudeau. The latter gets to lose, badly. 

Saturday, 8 February 2020

Personal Political Irony!

Who would have thought I'd end up unexpectedly supporting one Pete in Canada and another in the States. But there you have it.

Trump Is On A Sacred Mission To Destroy Trump.

Too funny, watching Trump in action. This guy is not content with Democrats going after him, he's got to do all he possibly can to personally sink his own ship.

His firing of Sondland and Vinman is only the latest petty manifestation of a guy totally out of control. Trump rivals Nixon when it comes to being acutely in need of psychotherapy. Simply unreal.

And the great news is, he's got plenty of time between now and November to prove that he's become totally unfit for his office. Believe me, he's up to that task and is about to prove it in spades.

A clever politician, like Clinton, correctly recognized impeachment for what it was: a political rebuke and act worthy of both contrition and apology. Not Donald J. Trump. Again, a riot.

Trump prefers the raw, destructive energy of going full-on unplugged and out of control. So, be it. The guy actually thinks there are no limits on presidential power or conduct. Trump is all for carte blanche and that's his modus operandi going forward. Well, have at it, Mr. President, because the best is yet to come -- for Democrats.

Somewhere, God is smiling, looking on.

 

Baird.

Don't expect Baird to get in because he won't. His unexpected departure from Harper's cabinet likely precludes that. Enough said.

When Yes Means No And No Means Yes...

A case in point: IMPEACHMENT.

If you're looking for a real good reason to loathe politicians this is it. It was absolutely disgusting watching almost all Republicans saying B today while ranting and raving A during the Clinton impeachment. Most Democrats were exactly the same.

What that really means folks is politicians of that order have positively no respect or regard for their constituents, and beyond. They believe that the public are either idiots, foolishly gullible or both. That's the real deal when it comes to politicians.

In this country, our politicians are no better. You won't see most of them looking in the mirror and justifying to themselves what they intend to do politically -- before they go out there and do it. And when they do it, they often know from the get-go that it's self-serving, wrong, unethical, unprincipled or worse.

The good news is that all of the above affects elections sometimes sooner, but more often later. However, a final reckoning does ultimately occur and it's basically inevitable.

We saw it in the last federal election, where both the Liberals and Conservatives paid a not insignificant price for their actions: Trudeau got checked and Scheer blocked.

Meanwhile, in the Republic below, the same is on the menu for Trump and Republicans and Democrats in Congress. How could it possibly be otherwise?

You don't see heroes emerge out of the mist too often amidst this chaos and double-dealing but when they rise to the occasion, with names like Wilson-Raybould, Philpott, Romney or Amash, they're more than worthy of our respect and even gushing admiration.

For the above, Yes actually means Yes and No has no other possible connotation than No. Don't hold your breath waiting for main-line politicians to go that way because they sure as Hell won't. That's the sad political reality when it comes to politicians.

Wednesday, 5 February 2020

God Bless Romney!

I haven't changed: thought Clinton should have been convicted and today feel the exact same way about Trump.

May God Truly Bless Mitt Romney. What integrity. Ditto for Justin Amash. History will treat both of them kindly.

Monday, 3 February 2020

MacKay On CTV.

MacKay had absolutely the right response when his comm handlers moved in and abruptly ended the interview.

Peter needs to read them the Riot Act and his campaign team must make sure that these underlings never, ever, do anything like this again. And if they can't, or won't, get it, then MacKay needs to do some upcoming firings.

Saturday, 1 February 2020

An Iowa Earthquake!?

In a word: Buttigieg. Been feeling it for quite a while now that Pete is major breakout material. His numbers look good going into Iowa on Monday night.

The guy has somewhat of a Kennedy quality rolled up with a 2020 Clinton twist. In his case, he won't need a saxophone.

When Obama took off and won the election, that was seen as both revolutionary and extraordinary.  Buttigieg very much has that same quality to him.

He's the epitome of passing the torch to a new generation of Americans -- as Kennedy certainly was.

No kidding. Iowa could be unbelievable and might just take all our breath away.

The gut is screaming Stay Tuned! We'll find out soon enough if it's right.

Wednesday, 29 January 2020

Bye, Bye, NAFTA.

It's been ratified by Mexico and signed into law by Trump. Meanwhile, Trudeau has re-introduced his CUSMA implementation bill in the Commons.

As a result, NAFTA is dead as of yesterday. CUSMA will run for the next six years, at minimum.

Got to give credit where credit is due: that means Freeland.

Now comes the fun part as we hold our breath just in case Trump has his next trade fit and brings back steel and aluminium tariffs against Canada. Remember who predicted their return after CUSMA comes into effect? Yours truly.

Monday, 27 January 2020

What Rempel Garner Forgot.

Just think back to a guy called Stephen Harper. Remember his French when he became Alliance leader? But Harper had something known as guts -- he felt it was somewhat inappropriate for a party leader seeking to serve as his country's prime minister not to be able to converse, at least reasonably fluently, in French. That's why Harper put in the EFFORT and went out of his way to start every microphone appearance in French. Harper got it, today's leadership candidates, not so much.

Sure, MRG makes a strong point when she says that lots of good people don't end up having a political career in Ottawa because they aren't bilingual. True. But it's one thing to get into politics as a unilingual person and learn as you go. It's quite another to become a career politician and not give a shit. The latter can competently serve in government, or in cabinet, but as we say over here: c'est pas fort.

Remember, this is 2020. So, before you unilinguals get your heart set on a federal political career, at least have the common decency to commit yourselves to make the effort -- like Harper did. You don't need to become absolutely fluent but for Christ's sake, don't deliberately come off as too lazy to even make an effort.

In Quebec, almost all of our politicians get off their ass and learn English. How about all of you, with regard to speaking French?

Saturday, 25 January 2020

Christy Clark?

MRG says she spoke with Harper and it's not on. Now, the latest speculation has switched to CC. Also, some buzz that MRG herself is seriously considering it.

Clark would be an interesting addition to the race but she does come with risks --  à la political party financing. Clark has to seriously weigh that, as Charest did.

So, there are some natural political advantages to never having served as premier! MacKay must really appreciate that.

MRG would bring a spark to this race, provided she could resist going full-blown-preachy, a quality most recently resented, coming out of Scheer's mouth and before him, Harper. Ditto for Trudeau on the other side.

Right now, my candidate (MacKay) is off to a fine start. The Stellarton launch had great visuals and the speech was not only thoughtful but with a strong emphasis on party and national unity. MacKay's is a vision of a grand coalition of equals, across Canadian society. That's a message that will likely resonate and find wide appreciation in every part of Canada. Good on Peter.



Thursday, 23 January 2020

Frontbench?

Wow, didn't expect this at all. The CPC leadership race is playing out totally differently than many of us foresaw. Glad that MacKay got in early. But who would have thought this: not only no Charest, but no Ambrose and no Poilièvre. A shocker, to be sure.

Let's wait to see what O'Toole does. What about Rempel Garner and Bergen? Any other frontbench possibilities? Maybe, just maybe, someone no one saw coming.

In any event, MacKay won't take anything for granted. He's intent on winning but more importantly, earning the win.

Can't say that I'm complaining. 

Saturday, 18 January 2020

The Latest SPEC!

Before I opted to go with MacKay, I had a thought in passing: what about Harper, will he get in hoping to turn the tables on Trudeau?

A few days later came the Harper resignation and supposed gunning for Charest.

Been on the phone this weekend and two people said they think Harper might get in!

Are all three of us simply delusional or is there something to it?

Great fun but no matter what happens, I'm sticking with MacKay.

UPDATE: Rempel Garner says Harper said he isn't running.

Friday, 17 January 2020

What The Hell Are They Waiting For?

Look, if you're a serious person aspiring to lead the CPC -- and perhaps the country, why would you leave the membership in a perpetual state of is she, or is he, getting in????

Just ridiculous. How many top organisers and strategists are on hold waiting for either Ambrose or Charest?

Seems to me that once MacKay (My candidate) announced, the days following quickly became put up or shut up reality.

It's not fair to the membership to leave a dicking around impression. So, get it over with either way quickly, cause this interminable wait is beyond a bad joke. We're not crowning a monarch. We're looking for a solid leader.

Wednesday, 15 January 2020

CPC Leadership: Peter MacKay.

Why MacKay?

To begin, Peter has already served as a party leader. He, like the rest of us, isn't perfect but I've always thought he did a pretty good job.

MacKay is by nature a person who's non-polarising. He searches for consensus and works towards grand coalitions in politics.  I can think back to the first CPC convention in Montreal, where Peter was able to breech differences between former Alliance and PCP members.

MacKay also served with distinction in any number of federal portfolios in Harper's government. Peter is a quick study and remains on top of both national and international issues. Ask MacKay about anything and you'll likely get a credible answer. Put another way, Peter is ready for the big job on Day One.

Finally, MacKay, though less of a Red Tory than yours truly, Peter is nonetheless the perfect bridge between Red and Blue Tories, having a natural affinity with both camps in the party. He also respects everyone's opinion, whether it's firmly held by Social Conservative, Libertarian or anyone else.

In short, I see my view of the world in Peter MacKay and that's why I'm supporting him.

Sunday, 12 January 2020

Charest: Not In This Lifetime.

Charest. Might as well already forget it. Sure, he's got Wall but that's about it. Charest's is a Quebec-centric operation supported by all the usual, familiar, suspects.

In short, it's Belinda without the money. Quebec CPCs are seriously deluded if they think he can win -- cause he can't.

Harper is said to be opposed right down to the cellular level. The good ship Charest is a collection of Red Tories in search of their former party -- which won't ever exist again.

Another big neg is the alleged blessing from on high from Mulroney & Company. That's a killer in western circles, to be sure.

The Alliance plurality can't stomach Mulroney or anyone else in his mould.

Thems the cold, hard, facts, ma'am. So Charest better brace himself for defeat cause it's coming. The Alliance will see to that.

Saturday, 11 January 2020

Rona.

Dear Rona,

A lot in life is about regrets -- for things done and roads not taken. You don't want to find yourself kicking yourself emotionally for not doing something you're already the most qualified for.

This is your encounter with personal destiny. You are the chosen one for the job, period. You have hands-on experience and actually enjoyed it last time.

It's not about the most comfortable private life. It's not about ideal personal relationships. It's not about money.

It's only about hearing your country's call and being willing to step up. It's Elizabethan in nature. Duty is calling.

Wednesday, 8 January 2020

Ambrose: The Time Is Now.

Look, if you're getting in, be quick about it. Lots prefer you but they are seriously eyeing other candidates, especially favourite sons like Charest.

Rona is seen as the best bet to clean Trudeau's clock but patience is starting to wear thin.

To be perfectly blunt: remember what happened in Quebec with Belinda? Well, that's what's coming in Quebec, in favour of Charest, if you don't hoist your banner mighty soon...

Tuesday, 7 January 2020

World War III, Here We Come...

Iran just hit two Iraqi bases. Initial reports suggest deliberate Iranian intent not to cause casualties.

Everyone and his brother is urging deescalation on Trump.

Not a chance. Trump has delayed his national address until tomorrow. My prediction: when he hits the airwaves, a massive American retaliatory strike will already be underway.

This is like the domino mobilisations of WW I. We ain't seen nothing yet.

Sunday, 5 January 2020

Senate Impeachment Witnesses?

There were no live witnesses when Clinton was put on trial. Lucky for him.

Meanwhile, Pelosi is undermining her case by delaying due process, refusing to send over the Impeachment Articles. A huge strategic mistake! Why? Quite simply, because the White House will continue to block testimony by Mulvaney, Bolton, Duffey, Blair, etc. But what about Giuliani? In short, Trump sticks to Executive Privilege, even with McConnell in charge. That's the sad reality, the real deal, where Democrats not only get no conviction but also no testimony at trial.

Sure, Murkowski, Collins and Romney would likely go for witnesses but probably not Sasse. Might as well already kiss them off.

Saturday, 4 January 2020

I'm Gone - I'm Back.

They say that enquiring minds want to know, so okey dokey: I'd say it's a pretty safe bet to suggest that most Liberals are no doubt thrilled that I've gone, while almost all Conservatives are beyond unenthusiastic that I'm back!

In any event, I took out a five-year CPC membership -- the real challenge will be to see if I actually last that long. LOL.

And for those of you who haven't yawned yet, I'll be supporting Ambrose for leader, if Rona is so inclined.

Never thought in a million years I'd once again take the CPC plunge, but that piece of shit working in Trudeau's PMO sealed the deal.