Category: It’s Probably Nothing

Tipping points

Great Reset It's Probably Nothing 23 Comments

What’s surprising about the current economic climate is how little it takes in terms of an increase in interest rates to drive the marginal borrower out of the housing market. Once the defaults begin and protests over mass unemployment take hold, we will long for the days of the kind of peaceful mass gathering we saw over the past three weeks in Ottawa.

But mortgage rates have been rising since August, reaching 3.92% last week, the highest since May 2019. With borrowing more expensive, applications to refinance mortgages have fallen about 45% in the last six months, according to the Mortgage Bankers Association.

Some lenders have already begun to cut back. Mortgage lender Homepoint Capital laid off nearly 10% of its workforce. Better.com, an online mortgage lender, fired around 900 workers in December during an infamous video conference call.

It’s Probably Nothing

It's Probably Nothing 138 Comments

Probably just a coincidence that this happened the day after Trudeau showered $400M on the Ukraine.

UPDATE: RBC login page is back, but online banking access unavailable.

Hmm.

Elsewhere in the Land of Chaos…

NEW from City Hall: @DianeDeans was called into Mayor @JimWatsonOttawa’s office and asked to step down from the police services board. She said no. Mayor is looking to oust her. Board member Sandy Smallwood has tendered his resignation in protest.

Oh, and Trudeau accused Conservative MP Melissa Lantsman of “standing with the Swastika” in the House today. Which as it turns out, is rather awkward.

The Decline And Fall Of The American Empire

Drain The Swamp It's Probably Nothing 9 Comments

Washington Post;

The CIA has a secret, undisclosed data repository that includes information collected about Americans, two Democrats on the Senate Intelligence Committee said. While neither the agency nor lawmakers would disclose specifics about the data, the senators alleged the CIA had long hidden details about the program from the public and Congress.

Sens. Ron Wyden of Oregon and Martin Heinrich of New Mexico sent a letter to top intelligence officials calling for more details about the program to be declassified. Large parts of the letter, which was sent in April 2021 and declassified Thursday, and documents released by the CIA were blacked out. Wyden and Heinrich said the program operated “outside the statutory framework that Congress and the public believe govern this collection.”

There have long been concerns about what information the intelligence community collects domestically, driven in part by previous violations of Americans’ civil liberties. The CIA and National Security Agency have a foreign mission and are generally barred from investigating Americans or U.S. businesses. But the spy agencies’ sprawling collection of foreign communications often snares Americans’ messages and data incidentally.

Via Edward Snowden – You are about to witness an enormous political debate in which the spy agencies and their apologists on TV tell you this is normal and OK and the CIA doesn’t know how many Americans are in the database or even how they got there anyway.”

See below:

Intelligence agencies are required to take steps to protect U.S. information, including redacting the names of any Americans from reports unless they are deemed relevant to an investigation. The process of removing redactions is known as “unmasking.”

“CIA recognizes and takes very seriously our obligation to respect the privacy and civil liberties of U.S. persons in the conduct of our vital national security mission,” Kristi Scott, the agency’s privacy and civil liberties officer, said in a statement. “CIA is committed to transparency consistent with our obligation to protect intelligence sources and methods.”

The CIA released a series of redacted recommendations about the program issued by an oversight panel known as the Privacy and Civil Liberties Oversight Board. According to the document, a pop-up box warns CIA analysts using the program that seeking any information about U.S. citizens or others covered by privacy laws requires a foreign intelligence purpose.

More here.

The Great Honkening Is Working Its Magic

CBC It's Probably Nothing There Goes The Narrative Uncategorized 180 Comments

The honking will continue until the freedom is improved. 

This is very interesting.

While Justin Trudeau hides in his basement, sucking his thumb in a fetal position, maybe scarfing down some Toblerone bars, he’s decided not to speak to the public, and instead has sent out his idiot representatives to talk to the public.

Meanwhile, Canada’s Chief Medical Kook, Dr. Teresa Tam, is publicly sending out pivoting smoke signals. What do you think? I think this is a sign that the Great Honkening is working its magic.

“Speaking to reporters at the weekly public health briefing, Chief Public Health Officer Dr. Theresa Tam said all existing public health policies, including provincial vaccine passports, need to be “re-examined” in the coming weeks — because it’s clear now that Canada and the rest of the world will be grappling with this virus for months or years to come.

“What we need to do going forward, as we emerge out of this Omicron wave, is recognize this virus is not going to disappear. We need to be able to address the ongoing presence of the SARS-CoV-2 virus in a more sustainable way,” Tam said.”

“Tam said the Public Health Agency of Canada is talking to its provincial and territorial counterparts to chart a path forward for a country exhausted after two years of enduring some of the most restrictive measures in the developed world.”

Together, she said, these agencies will review the current “suite of measures,” including severe border restrictions and travel limitations.

“I think the whole concept is, we do need to get back to some normalcy,” Tam said.

MORE HONK: 

 

Dr. Matt Strauss volunteers. 

A Tale of Two Demonstrations

It's Probably Nothing Juxtapose! More Pavilions At Folkfest 41 Comments

Prime Minister Blackface Bong Head Dress Up Substitute Drama Teacher Hairdo guy is an excellent moral arbitrator of demonstrations.

According to JT, these are the bad Nazi, misogynist, racist, yucky poopy-headed, white nationalist, uppity booger faces:

 

And these are the NOTHING TO SEE HERE guys:

 

It’s Probably Nothing, You Fringe Haters With Unacceptable Opinions-UPDATED

It's Probably Nothing Media Shiny Pony The Libranos 47 Comments

PM Hairdo and the Trudeau-funded media are accusing the truckers of stealing from the homeless (!). If that’s true, it’s obviously bad.

 

But, an interesting Twitter thread questions if the shelter has any ties to the Trudeau Foundation?

Personally, I am offended by the lack of diversity on their Board of Directors.

They should really think of replacing all these whiter than whitey whiteys with a more diverse bunch of Directors. You know, for diversity! I mean HOW DARE THEY??

Anyway, I don’t know if there are ties to the Trudeau Foundation, but I know that math is hard. I mean, it is like so, so hard. The struggle is real.

But doesn’t $9,013,071 salary expenditures out of $14,545,644 in revenue seem a wee bit high? Percent me, people!!

It also looks like they have $437,926 in expenditures for groceries. Does that seem a little low? For soup kitchen? I mean compared to salaries of course!

The shelter’s Ottawa neighbours don’t seem too thrilled with it.

Covid “social distancing” rules did not apply to “safe injection” sites, because, you know “balancing risk”. 

Just wondering if there is more to the story than “truckers stole food from the homeless”.

As the Tweet up top notes, let’s wait and see if there’s video and if any charges are pressed by Ottawa police.

UPDATE: Much more VERY interesting information about this place. Kind of looks like the only ones “stealing from the homeless” might be this organization itself. Or as another commenter on Twitter put it:

 

 

 

New Green Economy

Climate Cult Great Moments In Socialism Great Reset It's Probably Nothing 49 Comments

The bridge that just collapsed in the city of Pittsburgh was set to be restored in 2016. Instead of replacing the completely rusted out supports, they diverted the money to bike lanes, green energy programs and lanes for self driving cars.

From the comments: I live in PA. We have the highest gas tax in the nation. It was raised in 2013 with the additional funds supposed to go for bridge and highway repair. But in typical Democrat fashion, they looted the funds for other purposes. Here is just one example…

Supply Chain Problems? Let Them Eat Shelves.

Basic Dictatorship It's Probably Nothing Shiny Pony The Libranos 65 Comments

These pictures were taken at my local supermarket in the Greater Toronto Area yesterday.

These shelves are where sugar, oil, rice and flour can normally be found.

And when I say normal, I mean before the government of PM Hairdo decided to cut off the supply chain.

I’d ask him about it, but you know, he’s “isolating”.

 

 

 

From the comments (update from Kate);

Things are getting interesting at work. I’m a baker and tomorrow I only have enough flour for two mixes. Typically I do four to five. Asked the guys in the know when we could expect more and was laughed at. Today’s delivery was cancelled and was expected to show up sometime tomorrow. Frozen product we need was also very light on the things we needed, as in bupkus. Weekend is going to be interesting.

Brent Tops $90 As Oil Prices Dip Then Rip After US Inventory Data

Democrats It's Probably Nothing 20 Comments

Zerohedge: A string of Wall Street banks including Goldman Sachs have forecast oil will hit $100 a barrel this year as the global market tightens. […] Prices are also moving on mounting concern over a possible Russian incursion into Ukraine, with President Biden saying he’d consider sanctioning Vladimir Putin if the Russian leader orders an invasion.

Via reader and industry insider Adrian – “What perfect storm is that?”

$100/Bbl, they are dreaming, I’ve said for a long time this is going to be real pain. I reckon you’ll see $120/Bbl before they even start to figure there ain’t no taps to turn on.

All those on the shelf projects are just that, on the shelf. Making shit happen is not going to be a re-run of the 70’s OPEC mitigation those easy days are long gone.

Straw on the camel’s back?

Great Moments In Socialism It's Probably Nothing Let Them Eat Taser 20 Comments

As soon as the cross border vaxx mandate was announced, various governments and organizations sought to promote the idea that the negative effect on supply chains would be minimal or even non-existent.

It’s revealing that even the taxpayer funded MSM seems to be waking up to this reality. It seems that some trucking firms are not singing from the same song sheet as the Canadian Trucking Association. Instead, they are more focused on their balance sheet, and that’s not looking too rosy.

Semi-trailers owned by a Manitoba-based trucking company are sitting idle on Saturday as about 10 per cent of the workforce is unable to cross the border due to new vaccine requirements.

That means nearly 10 per cent of the drivers who work at Bison Transport out of Winnipeg are not able to do their jobs.

“This has added substantial costs to our operation, as we have idle trucks and trailers that still need to be paid for,” said president and CEO Rob Penner in an email to CBC News.

The Decline And Fall Of The American Empire

It's Probably Nothing Truinnerashuvaduprezure 35 Comments

He has more important things to do: German Chancellor Snubs Biden’s Request for Meeting on Ukraine Crisis

Related.

Boosters and Omicron

Gain of Function It's Probably Nothing Safe and Effective 16 Comments

More words of wisdom from virologist Geert Vanden Bossche regarding the efficacy of booster shots and the potential hazards of future mass vaccination for Omicron.

“[If we mass vaccinate for Omicron] we end up with a situation where the antibodies can still bind to that receptor binding site, but it has no effect because the virus no longer uses the previous receptor…it will use another domain….We end up with a virus that strongly binds antibodies but the antibodies cannot neutralize the virus…. and that is a recipe for Antibody Dependent Enhancement.”

Web page with all three interview segments can be found here.

Narrative Fatigue

It's Probably Nothing Safe and Effective Unsettled Science 43 Comments

Remember when you were around 40 times more likely to be hospitalized with Covid if you were unvaxxed? Or around 15 times more likely to get Covid?

It’s remarkable how little time it took for these ratios to head for the basement. Any bets on how long it will be until the fully vaxxed are more likely to acquire Covid or be hospitalized than unvaxxed?

This sure doesn’t sound like the results one should expect from an allegedly 98% effective product. But I’m sure the situation will be measurably improved by allowing only 250 people to attend a Jets game.

Website here.

Dynamite and a match

Great Reset It's Probably Nothing 24 Comments

If the Bank of Canada follows through on raising the prime rate all the way to 2% within the year, the economic fireworks will make the pandemic seem like a picnic in the park.

Perrault thinks inflation, which accelerated to its fastest pace in more than 30 years in December , will force the central bank to raise its benchmark rate to two per cent by the end of the year from 0.25 per cent currently.

Suppose a manufacturer has a long term loan up for renewal at the end of the year, a loan that it is now paying 2% interest on, for a business plan with a return of 4%. What will be the effect on that company’s business plan when it finds the cost of borrowing suddenly 8% or higher? If anyone thinks supply chain issues are a problem now, just wait until a bunch of those suppliers are bankrupted.

My guess is that they won’t get past half a percent before the financial markets crater. The economy is teetering on a very thin knife edge right now.

Food is Racist

It's Probably Nothing Wuhan Flu 17 Comments

Western Producer- Trucker restrictions hit Manitoba hog industry

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