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July 4th – 2023 Presidential Politics – Resistance Day 896

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the JoeBama Administration and Presidency.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”

“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”

~ Mike Vanderboegh

This thread will refresh daily and appear above the Open Discussion Thread.

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Tuesday July 4th – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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Reinsurance Rates for Catastrophic Coverage Jump as High as 50% to Insurance Companies Effective July 1st

As if carrying Homeowners insurance in California and Florida wasn’t already subject to ridiculous increases in premiums, things are about to get a lot worse.

Effective with the July 1st notification, Reinsurance rates, these are companies who insure the insurance companies, are telling their clients there will be up to a 50% increase in cost for underwriting catastrophic coverage.  Perhaps claims in the past few years have been higher; however, I suspect the issue amid the reinsurers is partly connected to the issue that surrounds banks and bond rates.

Back when interest rates were near zero, banks and reinsurers likely scooped up lots of Treasuries and bonds. As the Federal Reserve hikes rates those bonds have declined in value. When interest rates rise, newly issued bonds start paying higher returns to investors, which makes the older bonds with lower rates less attractive/valuable. The result is that most banks, and I suspect big reinsurance houses, have some amount of unrealized losses on their books.

Whatever the reason, the big reinsurance companies are now telling the insurance carriers their catastrophe rates are going up as high as 50%.  Those insurance companies will then pass those rate hikes to the individual policy holders for commercial buildings, residential homes, cars, RV’s etc.  Bottom line, homeowner insurance rates are about to go up again with policy renewals, especially in Florida and California.

LONDON, July 3 (Reuters) – U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal date, broker Gallagher Re said in a report on Monday, with states such as California and Florida increasingly hit by wildfires and hurricanes.

Reinsurers insure insurance companies, and have been raising rates in recent years because of steepening losses, which industry players put down in part to the impact of climate change. Higher reinsurance rates can affect the premiums which insurers charge to their customers.

U.S. reinsurance rates for policies which previously faced claims for natural catastrophes rose 30-50%, Gallagher Re said.

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Prosecutor Who Signed Hunter Biden Plea Deal Worked for Hunter Biden Business Partner

By now everyone is aware how the corruption in Washington DC is fraught with internecine relationships; however, this one takes the proverbial cake.  The prosecutor who organized and signed the plea deal for Hunter Biden worked for Hunter Biden’s business partner.

Senator Ron Johnson is calling attention to Title 28, Section 45.2 of the Code of Federal Regulations, which says: ‘no employee shall participate in a criminal investigation if he has a personal or political relationship with […] any person or organization substantially involved in the conduct that is the subject of the investigation‘.

As if this entire episode wasn’t sketchy enough, Assistant United States Attorney Derek Hines (top left) was one of the prosecutors to sign off on Hunter Biden’s charges and plea deal. Hines previously worked under ex-FBI director Louis Freeh (bottom left), who was a business partner of Hunter Biden.  Hines worked for Freeh Group International Solutions which was specifically involved in the foreign company influence issue at the heart of the Hunter Biden case, and Freeh is a close friend of the entire Biden family.

This is nuts.

(Via Daily Mail) – A prosecutor who signed off on the documents charging Hunter Biden with tax and gun crimes previously worked with one of the First Son’s business partners, DailyMail.com can reveal.

Delaware US Attorney David Weiss officially filed charges against the president’s son last Tuesday after a near five-year probe into his alleged tax crimes and foreign financial dealings.

Weiss’s deputy, Assistant United States Attorney Derek Hines, signed off on the charging documents alongside his boss and two other assistant US attorneys – indicating he has a central role in Hunter’s criminal prosecution.

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Team DeSantis Starting to Feel the Pressure of Unrealized Billionaire Expectations

Despite numerous pontifications to the contrary, it was always going to go this way.  Florida Governor Ron DeSantis and the idiot professional political consultants, those enlisted by the Sea Island billionaires to try and drag the $100 bill on a fishing string through the MAGA hood, were only going to fool the first few blocks of voters; after that, people wised up.

The problems are too numerous to encapsulate; however, for the sake of brevity they can be argued into three main buckets: (1) Fakery – the entire dishonest operation from the outset (triggered visibly in ’21, originating back in ’18) was based on deception, astroturf and false pretenses.  (2) The candidate just isn’t that good, is inauthentic in the extreme, zero private sector understanding, and is dependent on #1.  (3) Transparently a Big Club operation, surrounded by the most expensive deceptions the GOPe can muster.

I said last summer the DeSantis campaign would collapse upon itself as sunlight poured in.  That’s exactly what has been happening.  Despite their initial trust deposits, Florida Republican voters are now a case study in ‘not going to be fooled again’.  Once you see the strings on the marionettes, you can never return to that moment in the performance when you did not see them.  It doesn’t matter how good the stage presentation; the strings are visible, and continued pretending only makes it worse.

(Politico) – A top spokesperson for Ron DeSantis’ super PAC is sounding a decidedly dour note on the Florida governor’s presidential prospects, saying his campaign is facing an “uphill battle” and is trailing badly in the key nominating states.

[…] “Right now in national polling we are way behind, I’ll be the first to admit that,” [Steve] Cortes said in a Twitter spaces event that was recorded on Sunday night. “I believe in being blunt and honest. It’s an uphill battle but clearly Donald Trump is the runaway frontrunner.”

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July 3rd – 2023 Presidential Politics – Resistance Day 895

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the JoeBama Administration and Presidency.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”

“But I tell you this: We will not go gently into that bloody collectivist good night. Indeed, we will make with our defiance such a sound as ALL history from that day forward will be forced to note, even if they despise us in the writing of it.”

~ Mike Vanderboegh

This thread will refresh daily and appear above the Open Discussion Thread.

(more…)

Monday July 3rd – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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Beware France – Macron Moves to Shut Down Internet Communication to Block Rebellious Uprisings

I added a NOTE about Musk’s nonsense justification.

If the lessons of COVID-19 have taught us anything, it should be that each step the totalitarian dictatorships take -under the guise of protecting new democratic norms- must be viewed through the prism of future targeting.

We should pay attention, lest we find ourselves on the alternate side of populist uprisings under state targeting.

I sent the prior warning message around the collaboration between private industry and western government surrounding financial restrictions placed on Russia. When VISA, Mastercard and other payment mechanisms willingly and willfully supported the intentions of the Western Government coalition, few people thought about the Rubicon this new merge and partnership was establishing. {SEE HERE} In essence, private industry determining the lifestyle of Russian citizens in an effort to target their political leadership. Few people were paying attention, fewer still think long term.

With France now pledging to shut down internet communication in an effort to control organizing through social media, there is a bigger picture that must be considered.

[SOURCE – Translated from French]

Let me take you back to 2010 and 2011 when the U.S. State Department, Hillary Clinton, Samantha Power, Susan Rice, CIA Director Leon Panetta and French President Nicholas Sarkozy wanted to support the Islamist Spring uprisings in Tunis, Libya, Egypt and Yemen.

What happened then is very much related to what we are seeing right now in Europe, specifically France; only this time we are seeing the inverse of the government interests regarding social media on display.

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Sunday Talks, Former DNI John Ratcliffe Points Out the Obvious DOJ Corruption in the Hunter Biden Case

Former Director of National Intelligence, John Ratcliffe, appears on Fox News to point out the obvious inconsistencies with the claims by the DOJ in their effort to protect Hunter Biden and the Biden family from investigations.

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Representative Byron Donalds Tells Townhall Audience an Important Point…

Representative Byron Donalds (MAGA – SWFL) brings an important point to the audience at a local townhall.  The issue of institutional corruption, and the total lack of faith and confidence in the institutions of our government, are at the forefront of the electorate.  Representative Donalds is challenged about the intent of the MAGA republican legislators and what must be done about the transparency of corruption we all witness and know to exist.

During his response, Donalds notes a key distinction.  The MAGA coalition saw what the 2010 Tea Party conservatives went through. The MAGA coalition saw and sees what President Trump has gone through.  The MAGA coalition is delivering a message to House Speaker Kevin McCarthy and others, that those who stand on the principles of anti-corrupt influence are not concerned with the perks, benefits, affluence and legislative influence that DC uses to diminish their opposition.

As noted by Donalds sharing his discussions with Kevin McCarthy, the MAGA coalition is in place -in their face- to effect change and remove the corruption, not participate in the process to give the illusion of change.  WATCH:

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