Skye
June 1, 2023
To Infinity and Beyond
The SCOTUS defined navigable waters of the USA this week in a blow to the EPA. Navigable now means “navigable” and not “anything with a drop of water.” Once again, federal agencies tell us that the ends (their absolute power over everyone and everything) justify their means, and Clarence Thomas sets them straight.
The House approved a new federal debt limit agreement that continues to blow the federal debt to the moon and avoids making federal expenditures a central issue during the 2024 election cycle.
The debt represents dollars printed into circulation, and conditions will likely remain inflationary. Perhaps catastrophically inflationary as time unfolds. Interest rates are being pushed up to counter inflation, and the IRS is increasing tax collection activity dramatically. One or more of the 87,000 new, woke IRS agents might be knocking on your door soon.
But don't worry, wokesters mostly hate white baby boomers. Just identify as somebody else.
Problems are emerging from boycotts of woke brands. The brands are losing money, and shareholder lawsuits challenging fiduciary duty abandonment are arising. As of yesterday, ten major insurance companies are out of the UN climate accords. That's ten out of thirty. Insurance companies are recognizing the ESG agenda exposes them to overwhelming antitrust litigation.
The GDI, or gross domestic income metric, indicates that we have been in a recession all year. The GDP does not yet reflect this, as the metric is skewed by accelerating government expenditures. Consumer sentiment reflects a recession and adds to the nationwide anxiety about woke entitlement.
This week's number one song on several charts calls out Target for Targeting the Kids. Pedophilia is proving to be a woke bridge too far, even among many that insist it takes a village.
Come on over to Skye's Links and take a look...
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