Speak Your Mind 2 Cents at a Time
In the past . . . In September it appeared this get-together stood a good chance of not happening. things are being said that are not legally enforceable. Other thing occurring that are questionable. Let me see . . . Deleted emails, Albertsons CEO walks away with a $40-something million bonus if he can close […]
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Be Safe Tonight and have an Excellent New Years Day. Thank you for reading us and your comments. “There are better things ahead than any we leave behind.” – CS Lewis
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“Biden Can Fix the Anti-Worker H-1B Immigration” was written early on in 2022. It was not till recently a new Biden rule change is taking place for H-1B Visas. Of course, the problem with this change is how long will it last under a Trump – Musk presidency. I am sure the H1-B program is […]
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– by New Deal democrat I was on vacation through the weekend, and since there has been no significant economic data in the post-Christmas lull, I decided to continue to play hooky. After tomorrow, on Thursday the 2025 data will start in earnest, so expect a return to form later this week. In the meantime, […]
The post Repeat Sales House prices show signs of re-acceleration in the last data of 2024 appeared first on Angry Bear.
Wall Street’s Lobby Firm Hired Eugene Scalia of Gibson Dunn to Sue the Fed for Jamie Dimon
By Pam Martens and Russ Martens: December 31, 2024 ~ The Bank Policy Institute calls itself “a nonpartisan public policy, research and advocacy group…” In fact, it’s a registered lobbyist for the megabanks on Wall Street. The Chairman of its Board of Directors is Jamie Dimon, the Chair and CEO of JPMorgan Chase, the largest bank in the United States. The rest of its Board consists exclusively of the top executives of large banks, including Goldman Sachs, Citigroup, Bank of America and Wells Fargo. So when the Bank Policy Institute decides to sue the Fed, one of the key regulators of the Wall Street megabanks, you can be certain that Jamie Dimon has a dog in this fight. (Plaintiffs in the lawsuit against the Fed, which was filed on Christmas Eve, include other bank-funded groups as well.) Dimon sits atop not just the largest bank in the U.S. but also the bank … Continue reading →
A multi-level failure of the Summary of Economic Projections (which includes the dot plot) was partly to blame. People came looking for clarity. They got even more uncertainty and the sense of a Fed ‘flying blind.’ What markets want is the Fed forecast. As a result, S&P was down and Treasuries were up 10 points. Uncertainty . […]
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Sen. Josh Hawley gestures toward a crowd of supporters of President Donald Trump gathered outside the U.S. Capitol to protest the certification of President-elect Joe Biden’s Electoral College victory Jan. 6, 2021. Some demonstrators later breached security and stormed the Capitol. | Francis Chung/POLITICO In a previously unpublished photo, Hawley gestures toward supporters of President […]
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Consolidation of Shale oil Drillers and Processer. Fewer wildcat drillers bought out by the larger oil producers. Greater interest in financial returns. Fields are maturing, sweet spots dwindle, and greater interest in investors. Prices for gasoline will eventually increase. Drillers pushed U.S. production to a record of over 13 million barrels a day under President […]
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Climate change denialists are fond of pointing out that rising CO2 levels will mean that plant life will flourish, since plants “breathe” carbon dioxide. And it’s true that, up to a point, plants do grow faster with higher CO2 levels. But those plants have less nutritional value for the animals that depend on them for […]
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Under Biden, the IRS budget was significantly increased a couple years ago. Part of that increase was to fund the policing of tax returns, especially among the wealthy. According to Charles Rettig, an IRS commissioner appointed by Trump, the United States is losing $1 trillion in unpaid taxes every year. In the past two years, […]
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This is kind of interesting. A colossal mistake misleading the public. Not so great as to cause harm to anyone. Great enough to be annoying as everyone starts to go through the process of, “what do I have that is made of black plastic?” Pitches them and them finds out that they were ok due […]
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By Pam Martens and Russ Martens: December 30, 2024 ~ For the first time in decades of sending holiday gifts to family members through the U.S. Postal Service (USPS), the majority of the packages we sent did not arrive by Christmas Day, despite the fact that we mailed early. One package we sent to Minnesota from the east coast overshot its destination by 1,825 miles and went to California. It then had to travel all the way back. Other packages did not show up in the USPS tracking system for days, until we filed an inquiry with the U.S. Postal Service. One package that had to travel just four states away took 17 days. According to NASA, it takes approximately three days to travel 238,855 miles to the moon. (See thread posted below for how others describe the “wild journeys” their own USPS packages took.) Louis DeJoy, the Postmaster General, calls this … Continue reading →
President Jimmy Carter served as a naval officer on the nuclear-powered submarine USS Seawolf. His civic duties included serving as senator in Georgia’s legislature, the governor of Georgia, and President of the United States. He remained true to his roots as a peanut farmer and Sunday School teacher for which he caught much comment on the […]
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Who would have though a whale could out live a human. Taking into consideration, they were hunted for their oil, run into by large ships, and suffered from the human caused pollution of their oceans. Study reveals right whales live 130 years—or more – University of Alaska Fairbanks New research published in Science Advances reveals that right whales can survive […]
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I am puzzled by what the Senate allows and what they do not allow. Maybe, I should clarify the later so it is understood what I am going to discuss. There is another Kennedy in the Senate who hails from a different Kennedy family. This is other than the more famous Kennedys who played significant […]
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