Powered by TypePad

« Brexit Madness | Main | Sunday Morning Post Debacle Open Thread »

June 24, 2016



Invest in lead?


Predictable static in the markets but this was inevitable.

Trump's BREXIT statement:


Obama's BREXIT statement:
The people of the United Kingdom have spoken, and we respect their decision. The special relationship between the United States and the United Kingdom is enduring, and the United Kingdom’s membership in NATO remains a vital cornerstone of U.S. foreign, security, and economic policy. So too is our relationship with the European Union, which has done so much to promote stability, stimulate economic growth, and foster the spread of democratic values and ideals across the continent and beyond. The United Kingdom and the European Union will remain indispensable partners of the United States even as they begin negotiating their ongoing relationship to ensure continued stability, security, and prosperity for Europe, Great Britain and Northern Ireland, and the world.

buccaneer morgan

methinks they would do this backwards now,


you would be surprised to know the catalan felt much the same way about castille, or perhaps not,



What is up with that neck?


Invest in lead?

Yep, 50 rounds to a box.


Yes, Ivanka has the ostrich look going on.

Ignatz Ratzkiwatzki

Looks like the full gamut of necks; from the okapi Ivanka on the left to Trump's normal one and the complete lack of one on the haggis on the right.


An explanation from our favorite lurking unit:

To correct Theo(11:43 PM yest.), $/¥ is not a "Safety Trade". The flight to the ¥ is the forced unwind of every Carry Trade based on ¥ borrowing. Currencies trade only in pairs, like a seesaw, where one gains, another suffers. These movements are ALL due to forced unwinds of leveraged trades, so far.

Let's hope it doesn't lead to a cascade effect.


I prefer 100 rounds, Buckeye. 👍



Y'all will get a kick out of this...

Miss y'all. Back to lurking.


If I don't knock of the ice cream at night I will soon look like the haggis!


knock off

buccaneer morgan

I guess we can say he's pro mosquito,


Miss Marple 2


In which David Frum comes to his senses.


OK one more...



What did tell you about the 10TSY earlier this week if Brexit were to come about? It's 1.574 right now...

Ignatz Ratzkiwatzki

In which Robert Kagan takes leave of his.

Ignatz Ratzkiwatzki

Wretchard's latest.

DocJ must be out on morning rounds. :)

Janet the expert

Frum has had some good articles in The Atlantic on immigration.

"Donald Trump’s noisy complaints that immigration is out of control are literally true. Nobody is making conscious decisions about who is wanted and who is not, about how much immigration to accept and what kind to prioritize—not even for the portion of U.S. migration conducted according to law, much less for the larger portion that is not."


Janet the expert

another one - http://www.theatlantic.com/business/archive/2015/01/does-immigration-harm-working-americans/384060/

Frau Sicherheitsdienst

Speaking of flesh wounds - TypePest ate this 2013 info from the Pittsburgh Post-Gazette:

The cause of her seizure, she said, wasn't related to her 2009 treatment for breast cancer, but rather the lingering effects "after a bad concussion that was not properly treated at all ... from a very bad fall," four years ago.

According to medical research, such seizures might not appear for as long as 20 years after an accident. The brain's repair process -- the forming of new connections and circuits -- may take years, and while strength and memory return, sometimes the circuits formed can be overly excited and lead to seizures.

But her doctors don't know for sure.

When Mrs. Kerry was moved to Spaulding to begin her long climb back to wellness, "It was hard." She had no balance, and it was hard to mentally focus. Today, she goes three times a week for physical therapy, in Washington or Boston, and exercises to sharpen her brain's acuity. She says the doctors have told her she's made a "miraculous" recovery.

If Teresa Heinz Kerry had run for president, all of this would have been kept secret.



how long will what appears to be "safe haven" dollar last???

Curious minds want to plan their next move. So far, so good.


Iggy-Red has always loved churchill so when I took her and the diva to london when they were 10 and 7 we toured the war rooms. They were the only kids there (it was march) and she ended up being interviewed by british radio on what children could learn from the then just opened exhibit.

Great quote always reminds me of what she told the interviewer that day. She also told the tour guide at the horse parade that charles i wore two shirts that cold day of his execution so that no one would think he was shaking from fright at his fate.

We take away the moorings when we fail to teach the stories of the past to inspire how to best deal with the present.

pagar a bacon, country ham and sausage supporter

I put it on the last thread and we immediately got a new thread; but if you haven't seen the link Miss Marple put up last night about the angel and the family he touched please take a new look at it.


What a miracle!

pagar a bacon, country ham and sausage supporter


IMO, any one who supports or encourages anyone else to support Hillary Clinton should be charged with aiding and abetting her criminal acts.


Janet the expert

On Immigration, We Don’t Ask the Right Question

"If someone proposes that next year we should import 10,000 unskilled immigrants from Pakistan, the first question we should ask is: why do we need them? But that is the one question that no one ever seems to pose."



"IMO, any one who supports or encourages anyone else to support Hillary Clinton should be charged with aiding and abetting her criminal acts."

Or treason.


Jake Needham
23 mins ·
I have been absolutely appalled to read the FB comments from my British writer friends this morning about the surprise vote in the UK. They are angrily condemning everyone who supported Britain exiting the EU as ignorant and prejudiced. They're not simply expressing their disagreement with the result, they're sneering at the morality and intellectual capacity of all those people who supported a different result. Their arrogance and sense of personal superiority is simply overwhelming.
There was a time when writers saw themselves as among the most intellectually bold and revolutionary of people. But now that we are witnessing a moment in history, a genuine populist revolution sweeping the Englsh-speaking world, what part are writers playing?
They've become Mitt Romney with a laptop...

Posting for that last line alone....


I think I will watch the "Battle of Britain" tonight.

Thanks Wretchard.

buccaneer morgan

so what is the real value of uk companies, all of a sudden their products are worseless, unless there is a brussels seal, on the stationery,.


"If someone proposes that next year we should import 10,000 unskilled immigrants from Pakistan, the first question we should ask is: why do we need them? But that is the one question that no one ever seems to pose."

Particularly when you consider the fact that we have literally millions of unskilled people in our inner cities and rural hovels.

Michael (fpa Patriot4Freedom)

The blonde (Liz something) on Fox Biz notes that the EU banned electric tea kettles. More generally, they talk about all the over-regulation that was driving everyone crazy.
Posted by: jimmyk | June 24, 2016 at 12:08 AM

And now Melissa Francis (another blonde) adds that it includes the size and type of their hair dryers, and their toasters.

The people have spoken, and they have said:
"Enough - It is *our* choice!"

_ _ _ _ _

Brexit' to be followed by Grexit. Departugal. Italeave. Fruckoff. Czechout. Oustria. Finish. Slovakout. Latervia. Byegium.
Posted by: Porchlight | June 24, 2016 at 12:25 AM

Porch nailed it for the win !

_ _ _ _ _

What a wonderful day for Freedom !

And "Hi" to Chaco, fdcol 63 and Stephanie
And "Belated Happy Birthday" to MaryD !

(Just Ten Hours, indeed.)

Beasts of England

Word on the street is that all the smart money is getting into boats...


The Uni-party hasn't yet grasped that they are America's version of the EU. Mitt, Ryan, Mitch & the gang will only expand the discontent and determination to LEAVE if they persist in their anti-Trump antics.


Beasts, time to raise the black flag and relieve these boats of their burden?



DocJ must be out on morning rounds. :)

Sorta. I'm in Arlington VA -- I was at NSF yesterday. Last night and this morning I was revising a patent application for filing today or tomorrow.

Sometimes life intrudes on one's usual routine.


Hey there, Michael (fpa Patriot4Freedom) ... hope you've been well!

Yes, the sun is a little brighter today! LOL

Ignatz Ratzkiwatzki

British writers and the rest of the greying, bedentured New Left creeps who hoped they died before they got old are now The Man and The Establishment they manned the barricades to destroy.
Only, in their dotage, they are far more greedy and selfish than their patrician parents ever thought of being.
Unfortunately they not only ate their children's seed corn, who they now demand support them, they raised a bunch of selfish entitled little dolt clones who want ma n pa to support them.

I'd call it a Mexican standoff but that would make me a racist, so I'll just say;
Femall. Royalty check is in the mail OL.


Buckeye: The US bond market--and the USD, alas--will be safe haven for quite a bit longer. If the 10TSY yield drops below 1.42, look out below. There's more than a few bond analysts I respect predicting negative yields on TSY. I don't necessarily agree but we'll see...

buccaneer morgan

paging bob corker,


Ignatz Ratzkiwatzki

Well, at least it was nothing important, Doc. :)

Ignatz Ratzkiwatzki

--Great quote always reminds me of what she told the interviewer that day.--

I have that "never give in" quote tacked to the wall by my desk.


Incidentally, the "Liz something" in my post that mpf quoted at 11:19 is Liz Peek.

She'd written a piece on the tea kettle thing about a week ago:




If any one person drove the United Kingdom out of the European Union, it was Angela Merkel

Can't say I disagree.

Frau Schwarzer Peter

Porch omitted Geremain and Swedone as left holding the Old Maid card.


All just in time for Turkey to join.

buccaneer morgan

which is something the remainers said would nevarr happen,


Turkey, you say? I'm waiting for progtards to announce the U.S. should join the EU...

buccaneer morgan

the mauve staters shockingly can't get a handle on this,

Ignatz Ratzkiwatzki

I knew the frozen civil rights martyrs had been served a buffet line, but I didn't realize the enormous hilarity of it.
Pinko staffers go out to Bull Connor's favorite fast food place and bring back buckets of fried chicken for John Lewis and Elijah Cummings? You couldn't write something that funny without the thought police arresting you.
Please tell me there were watermelon wedges too...



Good luck with the patent revision.

BTDT, and we always had legal "help" which always seemed to make it 10 times more complicated than necessary.


From the Chitown Unit...

To Lyle: US 10yr may break 1.00%, but not NIRP. I got a Benjamin that says so.


"buckets of fried chicken" .... did they have some watermelon, too? LOL


Sorry, Ignatz ... missed that.


Please note this to Chitown Unit, henry:

There's more than a few bond analysts I respect predicting negative yields on TSY. I don't necessarily agree but we'll see...

I absolutely agree with it breaking 1.00%.

buccaneer morgan

I know, who thought they would have a hankering for
'hate chikcen,' as atc would put it,

buccaneer morgan

never let reality get in the way, of the narrative,



Thanks, Michael (fpa Patriot4Freedom), but I can't take credit - in my beer-fueled celebratory haze last night I stole it from Reddit where someone had copied it from a tweet.

Great to see you!

rse, love that story. The Churchill museum and Cabinet War Rooms were a highlight of my last trip there in October 2008, when the Obama victory was looming. Today feels so blessedly different!

buccaneer morgan

getting the cart before the horse,


buccaneer morgan

I know I've run of ammo, used it up on the barrel,



Based Roger Daltrey was practically the only British celeb calling out EU corruption and cheering on Brexit in the weeks leading up to the vote.

Quote: “The only way we’re going to get the Europe that we want is to get rid of this bunch of f—ing useless wankers that are running it.”

I posted THE KIDS ARE ALRIGHT (okay, technically a Townshend composition, but Daltrey sings it) last night without even knowing that.

He's feeling fine today.

I wish I could have stayed up to watch all the drunken celebrations in the pubs. We had the BBC on and I genuinely enjoyed the commentary, even from the Bremain peeps. But I just didn't have the time or stamina to watch everything I wanted to watch.

buccaneer morgan

this is why I said it,


buccaneer morgan

it's not a bubble, it's a dyson sphere,



The media is the same - wherever you go :

John Hayward ‏@Doc_0 2h2 hours ago
John Hayward Retweeted Charles C. W. Cooke

Media: Are you having second thoughts?

Voter: No.

Media: Brexit voters already regret not regretting their vote


TK from last night/this morning:

Didn't like Krout?


I love it! When I first read it I was either too drunk or too hung over to get it. :)


MM and pagar, thank you so much for that link at 10:56 am. So sweet.


Thanks Buckeye! This one may be a seminal patent in the field, but it will be a difficult one to get past the examiner. Like many, it will suffer from "obviousness" objections. It doesn't matter that no one has done it before.


Henry@10:37 --

Thanks for the explanation on why the people selling pounds were buying yen. You explained it better than the WSJ.


sn't that cute, Bernie tells MSNBC he will vote for Clinton.


Reddit comment:

[–]Anq 5 points an hour ago
The sound of jaws not dropping is deafening.


Just think of all the money Bernie took from broke college kids and now will hand over to Hillary, as he always was going to do. And they call Trump supporters credulous.

Dave (in MA)

All anti-Brexit politicians should follow Cameron's lead and resign, okie doke?



Jean-Claude Juncker has been the president of the European Commission for the last couple of years. He presides over a population of nearly 500 million -- well, 500 million minus 64 million as of today.

Do you know how he was elected? He wasn't.

His fellow commissioners, all baker's dozen of them, went into a room, closed the door, and appointed him. As with all European commissioners, the people didn't hire him, nor can the people fire him.

Like all commissioners, he lives tax-free at public expense and enjoys an essentially unlimited expense account.

The EU has never presented the world with a certified budget, because it is so rife with corruption that the accountants cannot get (or are told not to get) to the bottom of it.

Sounds almost exactly like any of our alphabet agencies, EPA, DOJ, IRS...

Frau Schwarzer Peter

DrJ - Toi, toi, toi!

And in Arlington, too! Did you miss finding a streetcar? Blame Congratulate Janet...

Frau Schwarzer Peter

Why is this member of the Clinton Crime Family laughing?

WASHINGTON (AP) -- An Associated Press review of the official calendar Hillary Clinton kept as secretary of state identified at least 75 meetings with longtime political donors, Clinton Foundation contributors and corporate and other outside interests that were not recorded or omitted the names of those she met. The fuller details of those meetings were included in files the State Department turned over to AP after it sued the government in federal court.

The missing entries raise new questions about how Clinton and her inner circle handled government records documenting her State Department tenure - in this case, why the official chronology of her four-year term does not closely mirror the other, more detailed records of her daily meetings.

Aren't we better than this?

JM Hanes


In re your earlier link, Lawmakers Seek to Re-Open ‘Flawed’ Iran Nuclear Weapons Investigation, “Revelations Obama admin knew of possible weapons work, stayed silent.”

U.S. lawmakers and foreign policy insiders are calling on the international community to re-open its “flawed” investigation into Iran’s past nuclear weapons research, according to conversations with multiple sources who say the extent of Iran’s past nuclear work is likely much larger than previously believed.

The calls to reinvestigate Iran’s nuclear work come on the heels of revelations by anonymous U.S. officials who said the Obama administration held onto evidence showing the Islamic Republic performed extensive nuclear weapons research—a finding that contradicts findings by international monitors and longstanding claims by Iranian officials….

“The Obama administration’s contradiction of both Iran and the IAEA on this uranium issue calls for a re-examination of the flawed potential military dimensions report,” Rep. Mike Pompeo (R., Kansas), a member of the House’s intelligence committee, told the Washington Free Beacon. “The IAEA cannot claim to have an accurate accounting of the situation while nuclear particles are unaccounted for.”

Holy shades of Mohamed ElBaradei! We all remember him, right? Back in 2007, the IAEA director (along with the whole Thomas Fingar crowd) decided that Bush/Cheney, not the Iranian mullahs, were the chief threat to world peace:

"I have no brief other than to make sure we don't go into another war or that we go crazy into killing each other. You do not want to give additional argument to new crazies who say 'let's go and bomb Iran'," he said in a documentary, excerpts from which were published on the BBC's Web site in advance.

ElBaradei popped up again in Egypt, of course, where Obama gambled on Kerry, ElBaradei partnership and lost America’s credibility in 2013:

Secretary of State John Kerry spent the last few weeks believing that U.S. policy in Egypt would best be served by negotiating with Interim Vice President Mohamed ElBaradei, the former United Nations diplomat from Vienna who resigned his post after just 30 days, said a senior U.S. State Department official in Cairo.
I had forgotten about the very “special relationship” between the two of them:

Shockingly, on Oct. 25, 2004, just days before the U.S. presidential election between Kerry and Bush, ElBaradei was accused of trying to influence the U.S. elections in favor of his friend John Kerry by releasing a UN report on missing weapons in Iraq, a report ElBaradei held for weeks.

At various times both ElBaradei and Hans Blix wondered aloud why Iran and Iraq, respectively, would even want nuclear weapons, anyway.... The IAEA is not our friend.


Indeed, JMH.

JM Hanes


That revelation about obscuring the calendar listings should be a BFD. Alas, I suspect it's import will be drowned in the excitement over the ABSOLUTELY FABULOUS, UNEXPECTED (by me), Brexit results!

Jack is Back!

48% of the British population are not all writers or leftist hippies. Geez!

There were some compelling interests at stake in the vote to Remain. The problem is that this EU is not a cafeteria, although some countries, like the Netherlands, Portugal, Greece and France have all cut their own deals like in Fisheries, agricultural, etc. Cameron did try to get the EU to soften up those crazy regs like for Kettles and hair dryers. But once you start pulling that thread the whole sweater is at risk.

This is not a result of one British class versus another British class (ie. income, education, employment, age and race) but rather an undercurrent of dissatisfaction with the experiment. My family there are all college educated (Oxbridge), work in professions and voted to leave simply because their quality of British life has diminished severly under the heavy hand of Brussels without any force of defense by the UK government.

It was the British flyover country from the midlands to the downs up to the moors and along the rivers that voted to leave. The most vulnerable to EU intrusion into their lives. The Irish and Scots chose to stay because the EU membership is socialistic just like they are and they feel part of it versus being with those English fags. Nativism on display versus an United Kingdom. So, it was the English and Welsh who made the vote.

You can bet they are dancing at Windsor Castle.


Based Roger Daltrey was practically the only British celeb calling out EU corruption and cheering on Brexit in the weeks leading up to the vote.

Here another better looking British celeb with brexit



Not sure how this works or why but my family's AT&T stock is at a 5 year high....so I'm ignoring chicken little.


Ah yes, windansea, I'd heard she was for Brexit as well, but wasn't sure if it was wishcasting by Ace.

Miss Marple 2

Old Lurker,

I wantto thank you for a piece of advice. Several months ago you remarkedthat you bought stocks which paid good dividends and then didn't worry about them. I thought that was a wise piece of advice, so I rearranged my skimpy portfolio into stocks which did just that.

So far, they have not lost very much today, plus, they have paid quarterly dividends over the last few months which is a little more in the account.

Thank you very much!



A must read.

JM Hanes


I thought Krout was pure genius!

buccaneer morgan

it's a half serious question, why are british stocks worth less than 12 hours ago, chimps can dump stock, and they probably don't require any bonus but bananas.

Ignatz Ratzkiwatzki

--I love it! When I first read it I was either too drunk or too hung over to get it. :)--

I was neither but I didn't get it either cuz I didn't connect the dots to your post Porch.
Sober Ignatz = Drunk or hungover Porch.




I take that as a compliment, Iggy. ;)

JM Hanes

"The Irish and Scots chose to stay because the EU membership is socialistic just like they are and they feel part of it...."

Interesting observation, JiB


What a face! LOLs!


Having an English menu on Sunday when some friends come over to celebrate Brexit.

Choosing the tried and true: Welsh rarebit with Caerphilly cheese, shepherd's pie (with lamb - otherwise it's cottage pie), salad, and St. Clement's pie for dessert, which is like key lime but with orange and lemon.


Little bit carb heavy but who cares.

Miss Marple 2


Column by Dr. Sebastian Gorka

pagar a bacon, country ham and sausage supporter

Porchlight, thanks for looking at that 10:56 link which is out of date by thousands of dollars already; but for every uplifting link like that we have hundreds like this:


A single mother of 6 trying to raise her children to be law abiding citizens arrested. Probably loses her job and those kids will never listen to her again, because the state says they don't have to. IMO, she did the best thing she could. I hope someone starts a GoFundMe page for her.

buccaneer morgan

shirley he can't be serious,


formerly he was keefum's pet terrier,

JM Hanes

From Clarices' link:

During Obama’s first year in office, Count Von Rompuy grandly declared that “2009 is also the first year of global governance.”

#Bwa ha ha ha

James D.

Looking at some of the reaction to the Brexit vote from the more hysterical/elitist/insulting quarters, it's clear that they still Do.Not.Get.It.

At all.

Had they made any effort, even a token one, to address the concerns and fears of those who have not benefitted from EU membership and EU policies and large-scale immigration, there might never have been a Brexit vote.

But they couldn't be bothered to even pretend to care about those silly little people. And this is the result.

Miss Marple 2

Here is Obama explaining things as he sees them.

I see that it is time for me to go to the grocery.

buccaneer morgan

there skulls having exploded, they still proceed to jabber on,

Captain Hate

Peter Jennings is being further tortured in Hell with MOAR TEMPER TANTRUMS!

Ignatz Ratzkiwatzki

The civilian federal government now has more LE officers authorized to carry guns than the Marine Corpse.

Think about this for a minute; our lovely Dem bastards fight hammer and tong to deprive us, the citizens, of the semi auto AR-15 but fight to make sure the IRS, supposedly a tax collection agency, is armed with expensive, improved versions of the M16/M4 full auto selective fire military rifles that only the Delta Force carries.

They are revolting, so we are revolting.

buccaneer morgan

feckless git,


it's much like powell's pottery barn truism,

The comments to this entry are closed.