Here’s the audio of this week’s talk with Bryan Hyde, host of the Bryan Hyde Show in Idaho. We talked about how “patriots” are not “in charge,” as evidenced by the embarrassing Patel-Bongino pess conference – as well as various things car-related:
. . .
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The House is doing an all-nighter to pass the Big, Butt-Ugly Bill.
2:54:26 AM – H.R. 1 – DEBATE – The House proceeded with two hours of debate on H.R. 1.
Among its provisions are a tax deduction for interest on auto loans, to ‘help’ the brain-dead auto industry.
https://live.house.gov
There’s no real debate. The two wings of the Uniparty are just taking one-minute turns hurling slogans and imprecations at each other. It’s looking like a straight party-line vote.
They only come out at night. :-0
Bill passes 215 to 214, Speaker Mikey Johnson announces with a big smirk.
Two Republicans voted no; one voted present. Roll call No. 145 is not posted yet.
Just remember folks, bond rating agencies are often way behind reality, like Enron bankruptcy:
“Enron’s bonds enjoyed an “investment grade” rating four days before the company went bankrupt.”
USTreasury rating above junk is to high for the reason that the debt can not be paid in real terms and at any time a psychological shift could cause a bond collapse.
The slippery slope to hell is slow at first, bonds start to sell off and interest rates nudge higher (in waves) – higher highs and higher lows, and investors see the charts, not looking good they sell, that makes the chart look even worse the next day, so more selling, until a full route, a panic to get out.
Anyone looking at the 30 year T-Bond tonight surely can see the obvious trend is up and a new breakout to new highs is imminent.
https://bigcharts.marketwatch.com
enter symbol: BX:TMUBMUSD30Y
In the wake of the House of Ill Repute approving the budget reconciliation bill that piles on another $5 trillion of debt, yield on the 30-year Treasury bond soared to 5.15% this morning.
Can’t sell your house because of mortgage rates over 7 percent? Thank a tax-and-spend RINO.
Thomas Massie (R-KY) — a “no’ vote on the budget reconciliation — slices through the fog of RINO bullshit:
“I’d love to stand here and tell the American people, we can cut your taxes and we can increase spending and everything’s going to be just fine. But I can’t do that because I’m here to deliver a dose of reality.
“This bill dramatically increases deficits in the near term, but promises our government will be fiscally responsible five years from now. Where have we heard that before? How do you bind a future Congress to these promises? This bill is a debt bomb ticking.
“Very soon,” he said, “the government will be paying $16,000 of interest, interest alone, per U.S. family. Congress can do funny math, fantasy math, if it wants. But bond investors don’t.
“We’re not rearranging deck chairs on the Titanic tonight. We’re putting coal in the boiler and setting a course for the iceberg,” he warned.
https://archive.ph/zbiph#selection-617.0-621.141
“Borrow and spend like there’s no tomorrow.” This is the first rule of RINO Club.
There is no fiscal restraint, no proposed budget is even a weak attempt to bring down deficit spending. There will be hell to pay someday, no one can be a spendthrift forever. Hell is coming in higher rates. Turd world nations can have interest rates over 50%.
Eunuch castrated ‘conservatives’ cave … because they were born to lose:
‘Conservative hardliners appear ready to support the massive [budget reconciliation] package after a furious pressure campaign from President Trump and Speaker Mike’s Johnson (R-La.).
‘After meeting with Trump at the White House on Wednesday afternoon, members of the far-right [sic] Freedom Caucus emerged to say they’re on the cusp of supporting the package.
‘“We’re in the very final stages of
ironing things outmend not end,” Rep. Clay Higgins (R-La.) echoed. “We’re polishing the edges of arguably the most significantturdpiece of legislation that has ever come through this body.”‘Rep. Andy Biggs (R-Ariz.), a former chairman of the Freedom Caucus, said he’s supporting the package. Biggs, however, is mounting a run for governor of the Grand Canyon State, a race where he would benefit from the president’s backing.’
https://thehill.com/homenews/house/5312995-freedom-caucus-republicans-agenda-trump-johnson/
There’s always a way to get to a crooked, ambitious politician. What’s amazing is that one can buy them so damned cheap. 🙂
I’m reckless and feelin’ no pain
You know I’ve got no need to control
Livin’ with the danger
I’m always on the edge now
With trillion dollar visions that I hold
Livin’ like this never ever tore my life apart
I know how to maintain and you know I know my part
— Guns ‘n Roses, Reckless Life
Japan is by far the most indebted country in the world, with a debt-to-GDP ratio of around 260% — more than double ours.
For years, Japan’s fool central bank held interest rates at zero, meaning that it cost nothing to service this mountain of debt. But now, with its long bond at 3.5% yield, interest payments are going to take over Japan’s budget.
If the idiot Bank of Japan tries to print its way out of this, Japan will experience Weimar-style hyperinflation. Soon enough, Japan’s awful plight is coming to rich western countries too.
With the Trump 2.0 administration having started to enforce REAL ID after 20 years of past presidential administrations delaying it, there’s a website that people can go to to contact their Congress critters, Senators, and even President Trump & Vice President J.D. Vance and ask them to repeal this scheme….
https://www.cchfreedom.org/national-id/
The founder of that organization was also on The Highwire last week to talk about REAL ID, the ways that the federal government could expand it (think the various attempts just a few years ago to implement digital vaccine passports and ongoing attempts worldwide to implement CBDCs), and what citizens can do to stop it….
https://thehighwire.com/ark-videos/real-id-or-real-control/
Speaking of DOGE cuts and how Trump has proposed a record defense budget. Trump is spending more than DOGE cuts, Trump is an imbecile, he does not understand how close we are to a bond route.
Remember how I keep harping on rising interest rates? Well, Japan 40 yields went vertical – which is what I am predicting will happen with USTreasury bonds. $37 trillion can not be paid, it is only a matter of time until the big boys sell their long bond holdings which will push yields to the moon, perhaps higher than 1980 when rates were way up to 18% on bills.
This will create an instant funding crisis for the spendthrifts in the District of Criminals who can not balance the budget, nor can they even lower the rate of deficit spending. A shit storm of Biblical proportions is coming to the USGov funding.
Christopher Greene rants about this very topic:
https://x.com/amtvmedia/status/1924621251332735479?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1924621251332735479%7Ctwgr%5Ec80a013004024840c9dab6efdfedb353b98c83cd%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fhalturnerradioshow.com%2Findex.php%2Fnews-selections%2Fworld-news%2Fi-think-you-should-look-at-this-guy-claims-seismic-bond-market-collapse-currency-collapse-worst-depression-ever-soon
Note how the coming depression matches exactly with that Oklahoma preacher Brandon Biggs prophecy, he predicted the bullet going by Trump’s ear, Trump gets elected, all charges drop, then an economic collapse worse than the great depression. That is hard to believe for even me. Everything seems fine, business is humming along, a depression, c’mon man!
It’s the long link that causes the margin error, here is my post with no link:
Speaking of DOGE cuts and how Trump has proposed a record defense budget. Trump is spending more than DOGE cuts, Trump is an imbecile, he does not understand how close we are to a bond route.
Remember how I keep harping on rising interest rates? Well, Japan 40 yields went vertical – which is what I am predicting will happen with USTreasury bonds. $37 trillion can not be paid, it is only a matter of time until the big boys sell their long bond holdings which will push yields to the moon, perhaps higher than 1980 when rates were way up to 18% on bills.
This will create an instant funding crisis for the spendthrifts in the District of Criminals who can not balance the budget, nor can they even lower the rate of deficit spending. A shit storm of Biblical proportions is coming to the USGov funding.
Christopher Greene rants about this very topic:
(link removed)
Note how the coming depression matches exactly with that Oklahoma preacher Brandon Biggs prophecy, he predicted the bullet going by Trump’s ear, Trump gets elected, all charges drop, then an economic collapse worse than the great depression. That is hard to believe for even me. Everything seems fine, business is humming along, a depression, c’mon man!
“patriots” are not “in charge” — eric
And haven’t been within our lifetimes, as far as I know.
Like Joe Stalin, Clowngress now operates on vampire hours:
‘The One Big Beautiful Bill Act must clear the Rules Committee before it can be brought for a floor vote, and members gaveled in for a highly unusual 1 a.m. meeting to work out kinks in the legislation. That meeting is ongoing, and so far, some 537 amendments have been submitted to the reconciliation package. But whether Republicans in the lower chamber have reached the final sprint remains to be seen.’
https://thehill.com/newsletters/morning-report/5310923-donald-trump-budget-pressure-campaign-capitol-hill/
David Stockman, in an article today at Lew Rockwell’s site:
‘So to state the sheer criminal negligence of the matter: Faced with a fiscal dumpster fire, the Trumpified GOP looked $89 trillion of baseline spending for FY 2026-2035 squarely in the face and came up with a great big goose egg in terms of net savings.
‘The GOP started its mark-up process facing a $22 trillion baseline deficit over the next decade, but at this point the bill grinding out of the legislative sausage factory is bordering on adding $30 trillion [in deficits]. That is, damn near doubling the catastrophic $37 trillion of public debt already on the books.’
This is Clowngov with a death wish, drafting Uncle Sam’s suicide note in a 3 a.m. witches conclave.
Today the yield on the 30-year US Treasury bond broke out above 5.0 percent. In fact, it’s near a 15-year high. Chart:
https://tinyurl.com/mwrv49ax
This is happening on the same day that Bitcoin broke out to a record high.
What are markets telling us? ==> They are losing confidence, as the insane RINO Clowngov demonstrates that it has NO PLAN other than to turbocharge its spending spree until the bond market breaks and its credit is cut off.
And they’ll have fun, fun, fun
Till the banksters take the T-bonds away
— Beach Boys, Fun, Fun, Fun
I fully agree, the clowns are spending themselves right into a huge financing crisis. The only thing I wonder is if they do it intentionally or if they are that damn stupid.
https://wolfstreet.com/wp-content/uploads/2025/05/Japan-JGB-yield-2025-05-19_40-year.png
BTW Japan owns the most USA debt of any other nation, Russia sold all US debt and China has sold half.
https://wolfstreet.com/2025/05/20/japans-30-year-and-40-year-bonds-crater-yields-spike-huge-mess-coming-home-to-roost-yen-carry-trade-at-risk/
spike in USTreasuries coming soon