Sniper

Just saw this posted, the CDC also got smacked down on their cruise ship restriction ruling in Florida. A federal court said they didn't have the authority to shut down the cruise industry. With these two rulings, it gives a lot of ammo to go after the administration for damages. https://www.cnbc.com/2021/07/23/florida-asks-supreme-court-to-curb-cdc-restrictions-on-cruises.html

The question is, were those "rules" specified by the CDC actually legal? Where do they have the legal right to get in between a contract between a tenant and landlord? Just because the CDC "said so"?

If I understood it correctly, Congress gave the initial approval and it was set to expire a while ago. Then the CDC stepped in and extended it a few times, which was where the overstepping took place. I don't think they had the OK from congress for the extensions. Actually, I just looked. The original Cares Act moratorium was for 120 days, starting March 27, 2020. Ahh, just found this: The CARES Act eviction moratorium began on March 27, 2020,and ended on July 24, 2020. Covered tenants could not be forced to vacate, and landlords could not file notices to vacate,until 30 days after the expiration of the moratorium(August 23, 2020). The CDC eviction moratorium took effect September 4, 2020,and was initially slated to extend through December 31, 2020. However, it was extended legislatively through January 31, 2021, and extended again by CDC through March 31, 2021. On March 29, 2021, CDC further extended the moratorium until June 30, 2021. The CDC moratorium does not address notices to vacate https://crsreports.congress.gov/product/pdf/IN/IN11516

Wonder where this goes? Are all bets off, and landlords go full throttle with evictions. Also wonder what happens with Murphy, he extended it to January, not sure where he gets the authority to do so. I half expected for Biden/CDC to extend it at the end of the month, when looking at current unemployment numbers. Will this decision also apply to mortgages? ......"A federal court on Friday ruled that the U.S. Centers for Disease Control and Prevention (CDC) overstepped its authority by halting evictions during the COVID-19 pandemic. The Cincinnati-based U.S. Sixth Circuit Court of Appeals unanimously agreed (pdf) with a lower court ruling that said the CDC engaged in federal overreach with the eviction moratorium, which the agency has consistently extended for months. Several weeks ago, the CDC announced it would allow the policy, which was passed into law by Congress, to expire at the end of July. “It is not our job as judges to make legislative rules that favor one side or another,” the judges wrote. “But nor should it be the job of bureaucrats embedded in the executive branch. While landlords and tenants likely disagree on much, there is one thing both deserve: for their problems to be resolved by their elected representatives.” “Landlords have been losing over $13 billion every month under the moratorium, and the total effect of the CDC’s overreach may reach up to $200 billion if it remains in effect for a year,” said the organization in an emergency petition to the Supreme Court. https://www.theepochtimes.com/mkt_breakingnews/federal-court-rules-cdcs-covid-19-eviction-moratorium-is-unlawful_3915614.html?utm_source=newsnoe&utm_medium=email2&utm_campaign=breaking-2021-07-23-2&mktids=3491ef1f85d8d671fc1255444d21c3b3&est=YrucM9AbEfJ5o0S%2Feq4tcJSWy1t%2BFeHvWESrKCurm0fsVQV%2FMRonmnwDzH7aMdk%3D

On the CNN town hall, Biden is trying again: During a CNN town hall on Wednesday night, President Biden said that he is pushing to end the sale of pistols and rifles that have the ability to fire multiple rounds. “I’m the only guy that ever got — passed legislation when I was a senator to make sure we eliminated assault weapons,” Biden said, referencing the 1994 Federal Assault Weapons ban. “The idea you need a weapon that can have the ability to fire 20, 30, 40, 50, 120 shots from that weapon, whether it’s a, whether it’s a 9mm pistol or whether it’s a rifle, is ridiculous,” Biden said. “I’m continuing to push to eliminate the sale of those things, but I’m not likely to get that done in the near term.” https://timcast.com/news/biden-im-pushing-to-end-sale-of-multiple-round-rifles-and-pistols/

Another interesting data point: "Weakest We've Ever Witnessed": Morgan Stanley Warns Crashing Breadth Will Result In "Material Correction" Wilson points out that during the mid-cycle transition, forward P/Es typically fall by 20% while so far, P/Es have only fallen by 5% while forward earnings are up close to 20%,hence an S&P 500 that is currently up approximately 15%. As he warns, "if our narrative and framework are correct, P/Es should start to fall sharply over the next few months, bringing the index closer to our year-end target of 3900." Well, as Wilson adds, in addition to all of the other market signals that support his midcycle transition narrative, "the overall market breadth has deteriorated significantly." He notes that this is also consistent with a mid-cycle transition "and usually precedes a material index level correction that marks the end of it." How bad is the breadth? According to the Morgan Stanley strategist, over the last month, "it's the weakest we have ever witnessed, with the S&P 500 making new all-time highs." More specifically, there are more stocks making new 52-week lows than highs when looking at the broad universe of stocks in the US market. https://www.zerohedge.com/markets/weakest-weve-ever-witnessed-morgan-stanley-warns-crashing-breadth-will-result-material

Yep... here he is... hacking from his Commodore 64!

Been talking to a few of my financial guys recently. They all seem to agree that we're at mid-cycle already in the recovery, and things will start to roll over soon. If you're thinking of taking some profits, maybe consider doing it sooner than later. We went into recession in February 2020, just before the Covid crazy hit. The with the massive money printing game, it pulled us out of the recession by April 2020 (on paper) even though 35 million were on unemployment at that time. You've all see the market climb the past year. A year ago, the DOW was at 26,500. A year later (now) it's at 34,700. Ahhhh, the effects of TRILLIONS in fake money!! Now, they think this cycle will be one of the shortest, where we hit mid cycle in a year, and it will start trending down soon.

Thousands of major websites, like banks, airlines, retailers are all down due to a DNS failure. ...."More than 32,000 websites are down worldwide as a massive DNS failure originated a little after 1100ET. Oracle shines more light on what sparked the outage. It says: Identified - We are monitoring a global issue related to Akamai edge DNS that is impacting access to many internet resources, including Oracle cloud properties. Resources within the Oracle cloud are continuing to run and are not impacted by this event. Some of the major websites experiencing issues and outages include PlayStation Network, Fidelity, FedEx, Steam, UPS, Airbnb, Home Depot, and Amazon, according to Downdector. https://www.zerohedge.com/markets/least-24000-websites-down-dns-issues-arise

Somewhat, their unemployment rates have dropped some, but many have learned to sit home, even on basic unemployment. Remember, many haven't paid their rent or mortgage for over a year, so they have plenty of spare coin to spend on Door Dash.

Doncha just love capitalism? People Are Now 3-D Printing Lego Guns Following US Gunmaker Halt Of "Block 19" Sales While Utah-based Culper Precision's "Block 19" Lego handgun has been pulled off shelves, we predicted that the 3D-printing community would begin printing their own Lego guns. Come to find out Saturday, that's precisely what Redditor "chairmanjuan" on "r/guns" has done. Called the "MEGA GLOCK," chairmanjuan posted a picture of what appears to be a Glock 19. They said, "MEGA GLOCK 19X, my 3d printed knockoff of Culper Precision's BLOCK 19 they got in trouble for. The slide cover only works for RMR cut slides, it screws into the optic mounting holes so it doesn't fly off into your face." https://www.zerohedge.com/technology/people-are-now-3-d-printing-lego-guns-following-us-gunmaker-halt-block-19-sales

In a "normal" year, there are around 1.7 million on unemployment. Right now, that number is around 14 million, many on the special pandemic relief programs. There was a survey a few days ago, and the number one reason people weren't going back to work? They were enjoying their FREE Biden bucks!

A general strike (or mass strike) across the U.S. is planned for Oct. 15. It may involve a substantial proportion of the total labor force across metro areas, towns, and rural communities that could bring the economy to a standstill. Organizers of the general strike call themselves "National General Strike Day" and appear to be a movement that may involve workers in many workplaces and or unions. Not much is clear about "National General Strike Day," except their top 5 following on Twitter is the "Party for Socialism and Liberation," "Socialist Rifle Association," "AFL-CIO," "United Steelworkers," and "UAW." They do blame "capitalism in decline" for why they're striking.

Talk about a novelty gun.. ......"Danish toymaker The Lego Group has slapped a US gunmaker with a cease and desist letter after it sold Glock handgun kits that resembled Lego blocks, according to The Guardian. Utah-based Culper Precision marketed their handgun as the "Block 19," a "childhood dream come to life." On June 24, Precision posted an image of a Glock 19, decked out in blue, red, and yellow blocks that make the weapon nearly indistinguishable from a child's toy, besides the butt of the ammo clip. The kits sold for $549 to $765 and made the Glock 19 look harmless because it appeared to be built out of Legos. https://www.zerohedge.com/technology/lego-demands-us-gunmaker-halt-sales-block-19-pistol

The 4473 has 5 line items: Manufacturer, Model, Serial Number, Type and Caliber. I think they would have a pretty good idea what you have.

I think they care, even more now. That 4473 was revised recently where the firearm information was moved to the first page, along with the buyer information. The firearm information use to be on page 2. Now, they have everything they need on the first, scanable page.

If you look at that 4473 form, it lists the manufacturer and model number, so they would know based on that description, it was just a lower or a complete firearm.

I agree, it defies normal logic.. But like they say, "make hay when the sun is shining". I'm riding the wave, ready to punch out when needed.

Hey, don't worry about those producer price indexes or wholesale prices, the S&P 500 just hit another record at 4373 right now, ....."The S&P 500 rose to a new intraday record Wednesday after Federal Reserve Chairman Jerome Powell said in prepared remarks that the central bank is not close to altering its easy monetary policies. " https://www.cnbc.com/2021/07/13/stock-market-futures-open-to-close-news.html And, the DOW is knocking on the door of a new high too... around 35,000. You're going to be rich!!!!!!

Yeah... I'm sure Judge Wynn has no problem sending 18 year olds into war in the Army or Marines, killing for his freedom. But allow them to buy a handgun for self defense in the USA at 18... never...

Here you go, all you Bitcoin billionaires... a way to save all those capital gains taxes! ....."As the name suggests, Plan B Passport offers crypto-rich clients a path to a second passport in their pick of seven, mostly tropical, tax-haven states, all of which are exempt from capital gains taxes on crypto holdings. Every year, Plan B Passport helps hundreds of people from countries like the U.S., the UK, Australia, and Canada obtain a second passport in one of seven countries: Saint Kitts and Nevis, Antigua and Barbuda, Dominica, Vanuatu, Grenada, Saint Lucia, and Portugal. The company works in tandem with each government’s residence- or citizenship-by-investment programs. “It’s an attractive way to draw foreign investment and especially prominent in countries with few natural resources,” said Ernest Marais, an attorney with international tax law firm Andersen. https://www.cnbc.com/2021/07/11/plan-b-passport-tax-break-bitcoin-profits.html

I think I'm going to buy this thing, just for the hell of it. I wonder what my neighbors will say when I park it in the driveway?

Really? You never saw a cat climb a tree before? All my outdoor cats climbed like squirrels. One actually slept in a cat house I put in a tree, so it had a safe place to go. I even had a indoor cat, who didn't have front claws, go up a tree. Though, it had a difficult time coming down without the front claws. I had to train poochie to ignore all the neighborhood cats, as we walk every night. I really didn't want to be dragged across the yards each time he spotted one. Go see my post in the vaccination thread. There's your door knocker solution.

and only driven by a little old lady to church on Sundays.

Get your bids in, only a few days left for the auction. 1941 M3 Stuart Light Tank Current bid is $15K https://bringatrailer.com/listing/1941-stuart-m3/