Well, I guess you don’t have to live in China to rip off the U.S. government. You don’t have to live anywhere, in fact, since you’re either dead or not yet born. At today’s Cabinet meeting in the White House, Elon Musk– Nazi extraordinaire (according to Demofiends) and head of the Department of Government Efficiency (DOGE) — revealed that his […]
Bill Pulte, director of the U.S. Federal Housing Finance Agency, has announced the termination of 100 employees at Fannie Mae for “unethical conduct.” Fannie Mae is a government agency that underwrites home loans for millions of Americans. Now, you may remember that federal government workers were sent home to work once COVID became a pandemic. Problem #1: They never returned […]
President Trump’s decision today to pause tariffs on non-competing countires for 90 days gave traders at the New York Stock Exchange and NASDAQ a sudden burst of investment energy, virtually wiping out losses suffered since Trump’s self-proclaimed Independence Day on April 2. China, however, being a competing country did not get a reset. Instead, Trump upped their tariff to 125 […]
I remember the presidential election of 1992 very clearly. I had a nighttime class in U.S. history as part of a master’s degree I was pursuing when the results came in. Ross Perot, billionaire from Texas who had railed against the North America Free Trade Agreement (NAFTA), got 19 percent of the vote. This was remarkable for three things: First, it […]
Let’s see: Trump Derangement Syndrome (TDS) is now a certified poliltical illness, nay, disability. It looks like Musk Derangement Syndrome (MDS) has now joined the clinical category. Thus far, no one has found a cure. The disease seems terminal, as in, “till death do us part” applies. All that aside, I want to focus on the subject of MDS, Elon […]
In this headline analogy, Trump of course is a modern-day Goliath. Through his tariff plan and his efforts to bring peace to a troubled world (to say nothing of annexing Greenland and the Panama Canal), our 47th President, love him or hate him, sits atop the political and economic world like no president since maybe Theodore Roosevelt. The result is […]
As the news of the week has made clear, for the foreseeable future there is going to be lots of uncertainty — and stock market jitters — as President Trump’s “Liberation Day” round of tarfiffs hit home. These tariffs are, at least in theory, going to jack up the price of a vehicle purchase by 25 percent or more, provided […]
I was going to write about the much-maligned Elon Musk, the one true genius populating the planet in this disintegrating day and age of ours, but I stumbled upon a YouTube video of Pat Boone singing “The Impossible Dream” accompanied by the Concordia University Symphony Orchestra. The event took place a the Richard Nixon Presidential Library in Orange County, California, […]
Predictably, U.S. stock markets took to the news of Trumpian tariffs with a dive toward disaster. True, some companies will — at least in the beginning stages — suffer fairly deeply from higher tariffs on countires such as China, upon which they rely for manufacuturing to be done for virtually pennies on the dollar. Apple, a trillion-dollar purveyor of iPhones […]
President Donald J. Trump made good on his pledge of reciprocal tariffs today in a Rose Garden ceremony billed as “Liberation Day.” He announced the imposition of a bottom-line tariff of 10 percent on all imported goods, but he also presented a chart listing reciprocal tariffs for many nations. Great Britain got off easy at 10 percent, mirroring the aforementioned […]
