Wednesday On Turtle Island

Turtle Island 12 Comments

The Democratic Party’s America:   Victor Davis Hanson – James Comey.  Police are a sickness.  All in the family.

Conman Carney’s Canada:  Another climate scam.   The orange shirt mob.  University of Conformity.  Antifa clash.

Stories You Won’t Find At Carney’s CBC:  An occupying force.   Brendan O’Neill – Trump’s peace plan.  Fabian knotweed.  Paul Joseph Watson – When diversity backfires and find out.   Hamas Greta.

Your morning meme.    Another meme.

For All Your Cross-Dressing Needs

I, Napoleon 7 Comments

You see, Mr Alme feels “very uncomfortable” if he doesn’t have “an outlet” for his “need to sit in a wheelchair.” That’s sitting in a wheelchair while dressed as a woman, adorned with make-up and painted nails, and while feigning disability. Just so we’re clear on this.

When asked by his wife whether this behaviour is a fetish, he replied, somewhat coyly, “Maybe so.” Our facilitator of sensitivity also tells us that he feels “a lot of excitement” when buying himself ladies’ shoes, particularly “shoes with high heels.” Indeed, Mr Alme boasts an extensive collection.

Because wheelchair and heels, obviously.

The idea that one’s bizarre and rather elaborate sexual kinks – including wheelchairs and cross-dressing – probably shouldn’t be inflicted on random strangers, on work colleagues, and on one’s own children, of which he is the father of two, appears to have escaped him.

Oh, there’s more. Better bring a stiff drink.

Postcard from Portugal

photoblogging 29 Comments

An SDA regular and his wife recently got back from Portugal.  Here’s an interesting summary from him:

We love Portugal – especially the northern part from Porto to the Spanish border.  We have been there (Portugal) four times during the past seven years and enjoyed every minute of our trips.   Lisbon and Porto are beautiful places; safe and clean. That said, things are changing … going in a direction that we really don’t like ….  but have no control over.  In no particular order, here are a few things that have made us decide that this trip we just completed will probably be our last one to Europe.
  1. Devaluation of Canadian dollar.  In September 2019 it took $1.43 Canadian dollars to purchase a Euro.  Today the figure is $1.64.   This constitutes a 15 percent loss of purchase power – and a significant additional travel cost – and this is very likely to get a lot worse before it gets better.
  2. European countries set their own Value Added Tax (VAT) rates.  In Portugal the categories are 6, 13, and 23 percent.  In 2019 local food produce was not taxed at all; now it is taxed at 6%.  Beer and wine in a restaurant was taxed at 23%, but taxed at a lower 13% if you picked it up in a store.  Now all beer and wine purchases are taxed at 23%, and many of the food items that were taxed at 6 % have risen to 13% and some that were 13% have migrated upwards.
  3. Many hotels, guest houses and resorts in Portuguese cities and tourist centers are now imposing a “green” head tax of 2 to 4 euros per person per night.  In some European cities it is higher.
  4. Starting October 2nd, the ETIAS documentation and identification system will be a mandatory pre-entry condition for those arriving in Europe through “regular” channels.  It obviously won’t apply to the hordes arriving illegally.   As this system evolves, it will require biometric identification: fingerprint and facial recognition and retinal scanning technology.   Call it paranoia or whatever, but I’m really not happy about this Big Brotherism.
  5. Although we book accommodations that have kitchens, we do like to get out for dinner every 2nd night.  But the cost of restaurant food is getting into the crazy zone (see point 1.).  A small (and very thin) pizza and a beer at a beachfront restaurant will set you back 30 euros.  The mark-up from shelf price fot food, beer, and wine is exorbitant … and consistent among all restaurants.   There is certainly a sort of price-fixing going on.  A lot of restaurants fell by the wayside during covid, and I think the survivors have decided to make up for lost time and revenue by gouging the rebounded tourist market.
We had tentatively planned to return to Portugal next spring, but we have just put our plans on hold – because of the above, plus a nagging feeling of general unease.  We will see.  Maybe things will return to a more stable orbit.

Here are some images he provided:

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Yet Another Conspiracy Theory Proven to be True

Baiting The Left Democrats Wuhan Flu 20 Comments

“In April 2022, 12 individuals were placed on a TSA Watch List for simply removing their mask on an aircraft.”

Tuesday On Turtle Island

Turtle Island 15 Comments

The Democratic Party’s America:   Victor Davis Hanson – Comey faces indictment.  Free lies.   The alarming stranglehold of Charlie Kirk trutherism.  Interfaith dialogue in Texas.

Conman Carney’s Canada:  Church fires.   An executive suite.  Aboriginal fatigue.  Our space agency.

Stories You Won’t Find At Carney’s CBC:  Unmerrie England.  By the book.   Brendan O’Neill – The Gaza flotilla.  UK inbreeding.  From the man cave.

And at the Bee.

Golden Era?

Art Of The Deal Great Reset 17 Comments

I’m skeptical that revaluing gold would change much in the finances of the US government, or any other government for that matter, but I’m curious to hear what SDA readers think.

Here’s my take: despite a legislative quirk that pegs the dollar price of gold at a ridiculously low level, I’m quite certain that the creditors to Uncle Sam have already pegged it implicitly at it’s true dollar price. It’s as if your farm was valued at $2 million and you owed $1 million, but your balance sheet hadn’t been updated in years. It’s quite likely that your creditors would have already recalculated that balance sheet for you, or they would not have lent you the money in the first place. Readjust your balance sheet and you will find that you still owe $1 million.

US gold re-marking would have implications for both the Treasury & Fed balance sheets.

  • US Treasury: assets would rise by the value of the gold re-marking & liabilities would rise by the size of gold certificates issued to the Fed.
  • Federal Reserve: assets would rise by value of gold certificates & liabilities would rise by a crediting of cash in the Treasury cash balance (Exhibit 4). And here is the punchline: the Fed balance sheet impact would look like QE though no open market purchases would be required & Fed liability growth would initially be in TGA.

In other words, the best of all words: a QE-like operation, one which see the Fed quietly funnel almost $700 billion in cash to the Treasury… but without actually doing a thing!

Change is a constant in the universe, but many oilfield services are feeling the brunt of it

Drill, Baby, Drill 20 Comments
This is the heart of the Viewfield Bakken, just two miles west of Stoughton with Highway 13 on the north edge. Count all the wells in this two-section block highlighted in yellow. Half of those wells cover the other side of the road. The remaining are within these two sections. It is now possible to essentially replace all of those wells with just one, singlular open hole multi-lateral with two mile-long laterals. And three mile-long laterals are on their way, which would add one more section. In this case, there are 23 lease pads within that block (not counting the ones on the north side of the road). Similar exposure to the reservoir can now be done with just one lease pad. Google Earth.

My stomach has been tied up in knots for months as to whether I should write this story. In Saskatchewan, most of the oilfield jobs are in the oilfield services. And I’ve had more conversations than I can count as to “why things are slow.” It’s not just oil prices, which aren’t great. There is a major technological change that is happening that is impacting much of the industry. I finally decided people need to know what is actually going on in as fulsome way as possible.

I’ve always told my kids, “Do you want me to sugar coat things or tell it to you straight?” They’ve always wanted it straight. So that’s what I’m doing here.

The ‘next big thing’ is big multi-lateral wells – but the impact is devastating to many oilfield services

Get Ready for the Firehose of Prosperity…

Gradually Then Suddenly It's Probably Nothing 32 Comments

Canada to avoid recession in 2025; economist predicts ‘firehose of monetary and fiscal policy support’ https://t.co/0j2aZsF08X

 

“After a steep decline, we’re coming back a little bit,” Desjardins told Yahoo Finance Canada in an interview. “We’re in this period of slow growth, just treading water.”…

“While not an economic rebound to write home about, it does suggest that a 2025 recession in Canada isn’t a foregone conclusion,” he wrote in a report earlier this month. “The Canadian economy isn’t out of the woods yet.”

The federal government is due to release its fall budget in November. Prime Minister Mark Carney has said it will feature “the biggest investment in this country’s future in a generation.”

“A leak from a senior official [suggests] that the Government of Canada’s deficit could reach $100 billion this year when the long‑overdue federal budget is released on November 4,” Bartlett wrote.

Maybe it’s tent sales that will bring Canada out of this recession?

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