Musk’s tunnel drilling company, The Boring Company, has announced a privately funded plan to build a 10-mile underground people-mover connecting the convention center and downtown to the airport. Take that to the bank? Not so fast. “Musk also claimed during the first Trump administration that The Boring Company had received “verbal govt approval” to dig […]
– by New Deal democrat This morning’s repeat home sales reports from the FHFA and S&P Case Shiller were not good news for sellers – but very good news for future consumer inflation readings. On a seasonally adjusted basis, in the three month average through May, the Case-Shiller national index (light blue in the graphs below) declined […]
I was distraught when Trump won the presidency in 2016 because the economy had recovered from the last Republican President’s recession, Hillary was a competent and experienced politician and Trump was a racist buffoon, but I held out some hope that Trump would not be as bad as I feared. I chalked up his win […]
Like commercial fusion power, Tesla’s robotaxis are always just around the corner but never quite here. In the case of Tesla, it doesn’t really matter because the marketing is the product. “There’s an old adage in the auto industry that if you want to move a product you have to “show the car.” Tesla is […]
Interesting piece as taken from Gallup about healthcare coverage and who should be responsible for it. Most adult Americans believe the government should be directing a healthcare program for the citizens of the United States. That being said, all individuals would be covered. The article did not break it down by citizen or noncitizen. In […]
I too would call this a history lesson. Read on, it is interesting how these events were perceived. I was around then watching all of this unflod. Civil Discourse The Voting Rights Act Turns 60 Alabama, June 11, 1963. An American president deployed federalized National Guardsmen to help implement Brown v. Board, the desegregation case. […]
I see where Russia is turning to cryptocurrency to avoid sanctions. Seems like there’s a new cryptocurrency every day. Scam? Ponzi scheme? Part of your retirement portfolio? To answer this question for myself, I have to compare crypto to its alternatives. I’ll focus on Bitcoin because it’s been around awhile and seems to have a […]
– by New Deal democrat Once again there is no significant economic news on a Monday, so let’s take a look at the important data I am especially interested in later this week. Consumption leads employment, and since consumption is about 70% of the US economy, any downturn in consumption is important, as it directly affects […]
Criticizing former President Barack Obama’s for his use of executive orders, Pres. D. Trump claims or states he would prefer to work with Congress to pass laws. Dementia is creeping in as this refers to his first presidency and such is not in play now. I guess this was B.S. like everything else which spews forth from […]
Briefly: Political polling of what the population in the United States could be thinking today? I know what I would br thinking of thinking of besides Tr__p’s first six months. Early on, I believe Tr__p was polling lower than other presidents in office for six months. Given the state of the economy as compared to […]