Reveille Letter - Pre-market morning financial commentary with an international circulation

Blog Detail


Reveille Reconnaissance Blog

This blog is for the benefit of both subscribers and non-subscribers and is public to assist...
To subscribe to the Reveille Letter,
click here

In The News for Wednesday, May 27, 2020
Posted May 27 2020 7:43AM

·       Absolutely spot on! Hanson’s Rule of Opposites. This is an excellent piece from Victor Davis Hanson on how to use the media with a Adam Schiff as a great example. As Scott Johnson of Powerline comments, Incidentally, Hanson’s rule of opposites must be applied to understand Susan Rice’s incriminating memo of January 20, 2017. It is one key among many to the biggest scandal by far in American political history.”

·       Would Democrats Sacrifice America o Win a Presidency? It sure looks like it. As Glenn Reynolds says, “This is true but I don’t think it will work out for them as planned.”

·       What put the Obama in Obamagate? These FBI documents.

·       I don’t think there is any doubt this is true. Poll shows that most Americans believe the media botched the Coronavirus Crisis and made it worse.

·       Quaratini? Sales of Gin are up 42.5% year over year for the period ending May 2, as people have sheltered inside with liters of Bombay and other adult beverages. With the weather warming, there’s been a Mojito front move through my area.

·       Democratic “strategist” Joel Payne forgot the first rule of holes – when you’re in one stop digging. Trying to spin Slow Joe’s comments about “You ain’t black” just isn’t working. Nice try, Joel.

·       A guy with the right authority who is on a mission can get a lot accomplished in three months. Everything Richard Grenell did to break the Deep State in just three months. Can’t wait to see what his next assignment is.

·       All you need to know about the slant of the New York Times. On a day set aside to honor those who paid the ultimate price for our freedom, the led with an article ridiculously claiming that the U.S. military celebrates white supremacism.

·       Kayleigh McEnany hurting your feelings and ridiculing your gotcha questions isn’t a constitutional crisis.  

·       Atty. Gen. Barr seems willing to admit that his two friends (former friends?) were corrupt. Can’t wait to see these two questioned by the Senate.

·       Obama’s former chief economist, Jason Furman, has an outlook that has Democrats getting the vapors. He believes “we are about to see the best economic data we’ve seen in the history of this country.” I’ve found that over the years trying to figure out the consensus and then taking a contrary view and trying to determine what would surprise the most people has an uncanny history of success.

·       How Fear, Groupthink Drove Unnecessary Global Lockdowns. The evidence at this point is pretty clear that all we did was commit economic Seppuku. I predicted two months ago that we will look back on this with the advantage of hindsight and realize we were beset with Tulipmania. I believe it will cost some deserving politicians their jobs.

·       Related: The CDC's New 'Best Estimate' Implies a COVID-19 Infection Fatality Rate Below 0.3%

·       As I’ve said on numerous occasions, Trump has expanded on Pavlov’s work and trained the triggered masses of the left to bark whenever he yanks their chain. I should be ashamed, but I just enjoy the hell out of it. Here’s a recent example that has them howling.