Government Spending Shock: US Budget Deficit Soars In Worst Start To Year On Record

Sorry Elon, there is no stopping this train

We thought last month’s US budget deficit was bad. Boy, were we wrong.

It is only fitting that the twilight days of the Biden admin would exhibit more of the same fakeness that defined not only all of the past four years, but certainly the fakeness of that Kamala Harris presidential campaign which had a billion dollars a month ago and ended up in failure, broke… and millions in debt. We are talking, of course, about the relentless debt-funded spree that somehow became synonymous with economic success in the US.

According to the latest Treasury data released today, in November – the second month of fiscal 2025 – the US spent a massive $584.2 billion, a 14% increase from the prior year, and a record for the month of November. For those who remember out outrage from a month ago, will also remember that the latest deficit number follows what was also a record government outlay for the month of October.

https://www.zerohedge.com/economics/government-spending-shock-us-budget-deficit-worst-start-year-record

 

Yet another example of ANYTHING and EVERYTHING to keep Trump locked down and unable to govern upon inauguration!

1 in 5 people has genital herpes……..Silent epidemic: 846 million people infected with genital herpes

A new study finds nearly a billion people are dealing with a painful and socially traumatizing infection that has no cure. With a new infection happening every single second — translating to 42 million new cases annually. Despite its prevalence, most people experience few or no symptoms, making the virus a “silent” health issue that often goes undetected and unaddressed.

https://www.msn.com/en-us/health/other/silent-epidemic-846-million-people-infected-with-genital-herpes/ar-AA1vG20U?

AND

Estimated global and regional incidence and prevalence of herpes simplex virus infections and genital ulcer disease in 2020: mathematical modelling analyses

https://pubmed.ncbi.nlm.nih.gov/39658199/

U.S. senators who left Democratic Party stick it to Biden before they go

https://www.wnd.com/2024/12/furious-u-s-senators-who-left-democratic-party-stick-it-to-biden-before-they-go/?

COVID Vaccine Makers Get Another Free Pass as Biden Administration Extends Liability Shield Through 2029

This is the 12th extension of the liability shield for COVID-19 countermeasures since January 2020, when HHS declared a public health emergency under the Public Readiness and Emergency Preparedness Act, or PREP Act.

HHS Secretary Xavier Beccera said the extension is needed because COVID-19 poses a “credible risk” to public health now and in the future. “I have determined that the spread of SARS-CoV-2 or a virus mutating therefrom and the resulting disease COVID-19 constitutes a credible risk of a future public health emergency,” “Development of and stockpiling vaccines, therapeutics, devices, and diagnostics for COVID-19 continues to be needed for U.S. preparedness against the credible threat of a public health emergency due to outbreaks of COVID-19,”

Kim Mack Rosenberg, general counsel for Children’s Health Defense (CHD), called the last-minute move by the Biden administration “very concerning” because it protects industry and the government and “allows for largely unfettered product development.”

https://childrenshealthdefense.org/defender/biden-extend-covid-vaccine-liability-shield-2029/?

 

Yet another example of ANYTHING and EVERYTHING to keep Trump locked down and unable to govern upon inauguration!

 

autumn gold

   

Goudzhekit Greetings!

That’s the location of this latest gallery, just completed:

https://balloonbill.smugmug.com/Other/Another-Autumn-Outing

Best wishes to you when out and about, on the flats and especially when navigating steep & slippery slopes!

GoldBalloon

   

BREAKING: Trump told Lockheed Martin CEO he will cancel the $1T F-35 contract – NYP

https://x.com/EricLDaugh/status/1866969865153831114

Energy cost of Bitcoin – no free lunch.

We’re all familiar with the AISC metric for PM miners which had me thinking about the same for Bitcoin.

From 2021 but still relevant today.  The True Cost Of Bitcoin

BTC Average Mining Costs  << of course halvings will cause these to rise w/ more (mostly fossil fuel) energy to create the same unit of BTC.

Bitcoin Energy Consumption in tWh

Also BTC won’t stop halving until around 2140 (no one currently living will witness this).  IMO – quite literally a ‘waste of energy’ not to mention having aspects of a Ponzi scheme – success of early adopters dependent on new recruits.

Time magazine to name Trump ‘Person of the Year

https://www.yahoo.com/news/time-magazine-name-trump-person-183431458.html

#BREAKING: Iran has reportedly stationed a “mothership” deploying drones over Trump’s New Jersey golf club and other parts of the state.

Rep. Jeff Van Drew: “These drones should be SHOT DOWN.” This is utter madness. The military is “on alert.”

https://x.com/EricLDaugh/status/1866899938526835196

15 second clip from LAVROV interview…………

https://x.com/BRICSinfo/status/1866310792523497981

Here Comes Kash – Wray Resigns

https://www.zerohedge.com/political/fbi-director-chris-wray-resignshttps://www.zerohedge.com/political/fbi-director-chris-wray-resigns

Trump Tower to be built in Saudi Arabia’s coastal city of Jeddah.

https://x.com/BRICSinfo/status/1866858583641690468

 

Timely Announcement

US President-elect Trump chosen as TIME’s person of the year.

https://x.com/BRICSinfo/status/1866920744158126260

Here’s What’s In The $895 Billion Defense Authorization Bill

The House and Senate Armed Services Committees have released an 1,813-page bill, reconciling their differing National Defense Authorization Act proposals. The House of Representatives could vote this week……..

The House and Senate Armed Services Committees released the new compromise bill on Dec. 7.

It allocates $849.9 billion for programs under the Department of Defense (DOD), another $33.3 billion for defense programs run through the Department of Energy and its Defense Nuclear Facilities Safety Board, and $512.4 million for defense-related activities.

https://www.zerohedge.com/political/heres-whats-895-billion-defense-authorization-bill

 

So lets understand this — a bill for almost $1 TRILLION of spending was introduced last SATURDAY and will be voted upon by this coming FRIDAY. It is 1,813 pages long — HOW MANY CONGRESS REPS will be able to read, analyze, digest and understand what they are voting for by then? How much PORK is contained therein?????

Yet another example of ANYTHING and EVERYTHING to keep Trump locked down and unable to govern upon inauguration!

BREAKING: Argentine President Javier Milei announces a structural tax reform that will eliminate 90% of taxes.

https://x.com/LeadingReport/status/1866865695826284997

Italy scraps fines for COVID-19 vaccine opponents

The Italian government has scrapped fines on people who refused to get mandatory COVID-19 jabs, it said in a statement late on Monday, after they were introduced to boost vaccinations with the country struggling to curb the pandemic.

“Taking away the fines from those who have not been vaccinated is a way of winking at no-vaccination plotters and deniers,” said Riccardo Magi, a lawmaker from the small +Europa party.

https://www.yahoo.com/news/italy-scraps-fines-covid-19-100007079.html

Bank of Canada cuts key interest rate to 3.25%

50 BASIS CUT

https://www.msn.com/en-ca/money/economy/bank-of-canada-cuts-key-interest-rate-to-3-25/ar-AA1vFTjA

The Duran

Protests and regime change in Georgia
Alex Christoforou, Alexander Mercouris, Patrick Lancaster (37 min)

https://rumble.com/v5y5jh5-protests-and-regime-change-in-georgia-w-patrick-lancaster.html?e9s=src_v1_upp

Syria power vacuum w/ Jeffrey Sachs (Live)
Alex Christoforou, Alexander Mercouris, Jeffrey Sachs (67 min)

https://rumble.com/v5y5v9q-syria-power-vacuum-w-jeffrey-sachs-live.html?e9s=src_v1_upp

Orban, one hour call with Putin. Yellen celebrates $20B to Ukraine. Most powerful person in Europe
Alex Christoforou (42 min)

https://rumble.com/v5ybevk-orban-one-hour-call-with-putin.-yellen-celebrates-20b-to-ukraine.-most-powe.html?e9s=src_v1_upp

Orban Putin Trump Talk Ukraine Peace; Biden Prepares Oil Sanctions, Wants Syria Arms for Kiev
Alexander Mercouris (94 min)

https://rumble.com/v5yb2vh-orban-putin-trump-talk-ukraine-peace-biden-prepares-oil-sanctions-wants-syr.html?e9s=src_v1_upp

MILITARY SUMMARY CHANNEL:
Macron ? Assembles Military Coalition??Confrontation Escalates In Syria? Military Summary 2024.12.11
Dima (15 min)

https://rumble.com/v5y6unh-macron-assembles-military-coalitionconfrontation-escalates-in-syria-militar.html?e9s=src_v1_ucp

Cold War II??Russians In Fury?Another ATACMS Attack?Shevchenko Has Fallen??Military Summary 24.12.11
Dima (20 min)

https://rumble.com/v5ybc4e-cold-war-iirussians-in-furyanother-atacms-attackshevchenko-has-fallenmilita.html?e9s=src_v1_ucp

Giorgia Meloni ‘assassination plot’ foiled: Police arrest 12 neo-Nazis who ‘planned to shoot Italian PM in the head from a hotel room and spark civil war’

The ‘Werewolf Division’, a group which operated on Telegram, sought to establish an authoritarian regime ‘centered on the Aryan race’, and planned violent attacks on high-ranking officials to achieve this, according to police.

Raids took place across the country targeting the group on Wednesday, with a total of 25 homes searched and cops uncovering Nazi insignia, fascist flags and zombie knives.

https://www.dailymail.co.uk/news/article-14165699/Giorgia-Meloni-assassination-plot-police-arrest-neo-Nazis-shoot-civil-war.html

One year gain: Au and Ag in CAD and USD

In CAD
Au 42%
AG 47%

In USD
Au 36%
Ag 41%

Gong Show

Ukraine strikes Russia with US-made ATACMS missiles

https://www.rt.com/russia/609211-ukraine-atacms-strike-russia/

Trump has the big picture:

For those interested this is awesome insight into the pardon.

INCITEMENT: NYC Democrats are putting up wanted posters for healthcare CEOs.

https://x.com/amuse/status/1866811343254560958

from a coment

Are Marxists transformed into terrible people, or are they terrible to begin with?

UKRAINIANS KNOW

VERY INTERESTING EXIT POLLS

click to enlarge

My Name is Charles Darwin and I approve of this message

BREAKING: Over 60% of Democrats say they will probably get an updated COVID vaccine or already have, while 81% of Republicans say they probably will not, according to an October Pew survey.

https://x.com/LeadingReport/status/1866551186717118771

Robert F. Kennedy Jr. is pushing for his daughter-in-law, Amaryllis Fox Kennedy, to become CIA deputy director, per Axios

The deputy director position does not require Senate confirmation.

STORY

https://www.axios.com/2024/12/10/rfk-jr-amaryllis-fox-cia-trump

X THREAD

https://x.com/LeadingReport/status/1866619101495562713

Hmmm a Kennedy at the top of the CIA….the possiblilities are interesting !

She had a long Interview with Tucker recently

https://x.com/i/status/1866620582059479072

MASSIVE: Javier Milei has ENDED Argentina’s deficit for the first time in 123 years. “The deficit was the root of all our evils—without it, there’s no debt, no emission, no inflation.

https://x.com/EricLDaugh/status/1866818389320052840

Silver – The Time Is NOW!

Monday, we had the strong upside thrust to begin the next level of the Great Silver Bull Market. Yesterday, and so far today, we are having the pullback I expected.(So far it has been modest but the inflation number may provide the catalyst for a faster and deeper drop.)

Either sometime today, or possibly tomorrow, the correction should end and a reversal(quite probably explosive) to the upside is likely. By the end of this week or next week(may take the catalyst of the FED rate cut or, may not even wait for it) silver should be approaching and possibly exceeding the $35+ highs set earlier this year.

When those levels are reached, an assessment will be in order regarding the liklihood of another pullback, before running to $50, or just going straight up towards it?