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Freaking heathen communist scum.
Forwarded from The Library (Harold Finch)
The Shitshow Macro Weekly Prep Podcast is out for Mon 5.20.24

Bullet points below, discussion available for premium subscribers

Domestic Politics:
-A new documentary and interview by former Border Patrol Special Agent JJ Carrell makes the illegal immigration grift seem more like an organized crime RICO case. He claims that USGOV funding agencies have told him that there is one NGO called Jewish Family Services that has hundreds of subcontractors under it, and is essentially ordering the USGOV what to do.
--This funding agent says he will cut a check for $600mm to JFS that will only last months, and then the various subcontractors will also call asking for $5mm or $10mm at a time. His orders are to cut the checks without questions, vetting, or tracking, and the funds for the subs are sent to the same bank account as the prime contractor, which is not normal. I’ll include a link to his interview in the show notes.

-On the same note, a report came out this week that illegal immigrants are being given special visas if they are robbed due to “pain and suffering,” so a new indictment was charged this week stating that dozens of robberies in Chicago were illegals paying people to rob them in order to get these visas.

-In political news, according to polling released on Sunday, 14% of voters in swing states of Arizona, Nevada, Wisconsin, Michigan, and Pennsylvania who said they backed Biden in 2020 will not do so in 2024.

-Biden spoke at the graduation ceremony for Moorehouse College this weekend. If you missed the videos of the empty streets in Atlanta because nobody wanted to see his motorcade pass by, the graduation ceremony was the same - tons of empty chairs, and graduates turned their back on Biden when he began to speak.

-ANTIFA-aligned groups have announced a planned nationwide blockade for July 4th of all days. Is that the kickoff for this year’s riot season?

War/Military:
-Dominic Collins, the ex-aide to former UK PM Boris Johnson - who is the one who pressured Ukraine to stop negotiating with RUS thereby leading to war - has a banger of an interview that came out this weekend. I’ll include a section in the show notes, but the noscript says it all: “Ukraine’s a corrupt shit hole that doesn’t matter at all.”

-Victoria Nuland was given time to grace the airwaves with her ugly mug this weekend on ABC to call for direct strikes against Russia. May I be the first to nominate her to ride the bombs in like in Dr. Strangelove?

-An armed coup was attempted in the Democratic Republic of Congo (DRC) today, and reporting is saying that 3 Americans were involved (their passports were displayed along with them being held by authorities).
--They attempted to seize the Presidential palace but were rebuffed and fled into Kinshasa. Reports are that the planning was via a Congolese rebel leader who lives in the US, but the planning was not very good - the whole affair lasted about 2 ½ hrs before it was stopped and those who weren’t killed were rolled up. This will evolve, especially who the Americans involved were.

-The US State Department bragged via their official X account on Sunday that they’ve been given the full authority to seize RUS assets to be used to fund UKR. Unfortunately, they are stupid enough to do it, which may be the final piece to foreign capital fleeing the US markets, at least a sizeable chunk of it.

Markets/economics:
-China unleashed the world’s largest unloading of US debt (USTs) in history last week. If the Fed does actually start cutting rates, this could be very bad. Central banks have been shying away from UST auctions, with much of the slack picked up by private investors - who are only doing so for the interest rates, which will decline if rates are cut.

-In similar news, Thomas Massie introduced an End the Fed bill last week to end the Federal Reserve. You guys know how I feel about The Fed personally.