Partial of a much long commentary. Interesting take by what the Fed is doing. by “Global Glass Onion” who I have known for many years. We have lost contact mostly due to me. Hope he does not mind my pirating a partial on the Fed. Good read. ~~~~~~~ Reality is only those delusions that we […]
AB: In the past attacks in the Middle East did result in oil and gasoline shortages., I expect the same to happen. Also expect higher oil prices even if no damage is done to wells or refining. Increases will occur in the oil market. Discussing Iran and diplomacy in the SOTU before he orders bombing […]
TACO (Trump Always Chickens Out) was coined to describe Trump’s flip-flops on tariffs, but he’s flip-flopped on other notorious threats. “The Trump administration plans to abandon its defense of the president’s executive orders sanctioning several law firms, according to people familiar with the matter. “The Justice Department as soon as Monday was expected to drop […]
This one has to go . . . Two forces are stopping sensible regulation of AI. He’s one of them. Pete Hegseth and the AI Doomsday Machine – Robert Reich Which is more important to you? Allowing Pete Hegseth to use artificial intelligence (AI) however he wants, OR preventing AI from doing mass surveillance of […]
– by New Deal democrat Let’s take our weekly look at jobless claims. As a reminder, I pay attention to these because they are a good short leading barometer of the economy in general, and the jobs market in particular. And the news this week continued to reflect the “new regime” of lower YoY claims […]
Taken from TPM as written by Josh Marshall about the Strait of Hormuz. If you are not aware, the strait is a short cut to the oil fields beyond it. If it is closed, shipping will not be able to transport oil. This will add additional costs of fuel. Pipelines will not make up the […]
Increasing the takings by influencing the public and policy or economic conditions. The money from a takings a business or speculator gets from selling goods or services during a particular period. Is there really a shortage so soon? Oil and gasoline industry are a bunch of pirates, Taken from “Gas prices climb in U.S., Southwest […]
Interesting piece on a Mexico Volcano called El Chichón. Biggest fear is an economic impact similar as to what happened previously. “The 1982 eruption of El Chichón in Chiapas, Mexico, was the nation’s deadliest modern volcanic disaster, killing roughly 2,000 people and destroying nine villages with pyroclastic flows. The March-April explosions deposited up to 40 […]
There’s a Dunkin’ Donuts around nearly every corner here in Rhode Island, or so it seems. And there’s a cemetery just a block away from our house. Coincidence? We report, you decide. The mortality rate here doesn’t seem markedly higher than anywhere else I’ve lived. But RFK Jr is coming for your Dunkin’, Rhode Island! […]
I have listened (tolerantly) to our Pres, pontificating, taking up large sums of my time. It really is a waste of time. The truth of his accomplishments are in the numbers and not in what he claims. A couple of phrases which turn up most of the time when he is jabber-jawing to the nation […]