Deja Vu all over again

House Impeachment Managers Deliver Articles To The Senate

The House of Representatives has delivered articles of impeachment against President Trump to the Senate, which is expected to begin a trial next week. Earlier in the day, House Speaker Nancy Pelosi named seven Democratic members of Congress as the managers who will argue the case for impeachment. Those managers brought the articles to the Senate on Wednesday evening. "What is at stake here is the Constitution of the United States," Pelosi said in a press conference announcing the managers. Pelosi appointed Reps. Adam Schiff, Jerry Nadler, Zoe Lofgren, Val Demings, Hakeem Jeffries, Sylvia Garcia and Jason Crow. Pelosi said Schiff will take the lead. "The emphasis is on litigators. The emphasis is on comfort level in the courtroom. The emphasis is making the strongest possible case to protect and defend our Constitution, to seek the truth for the American people," Pelosi said in a Wednesday press conference.

Source: https://www.npr.org/2020/01/15/796240568/house-set-to-vote-to-send-trump-impeachment-articles-to-senate

Date: January 15, 2020

M5 for December 31

I said I would shut down my blog, but I think this is important enough to note.

M5 is a measure of money that includes M2, plus debt held by the public, less Treasuries owned by the Fed. Here is the current measure:

As of 12/31/2020:

M2 (as of 12/21/20) = 19,197.0

Public Debt (as of 12/31/20) = 21,632.4

Fed Held = -4,688.9

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Total = 36,140.5

On 11/30/20, it was at 35,843.9 and on 9/30/20 it was at 35,296.8.  So it is up 296.6 for the month of November and up 843.7 fiscal year to date.  This is an annual inflation rate of 9.9%.