Category: economics and politics
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WSJ: The SpaceX IPO
Appearing in yesterday’s Journal. I agree. The IPO (Initial Public Offering) went live a bit before noontime Friday. Everyone is happy – SpaceX got their $75 billion, the consortium of Investment Banks got $1 billion dollars in fees to split amongst themselves, many thousands of the 22,000 SpaceX employees became instant millionaires – a few…
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“Trump Sets New Record – Winning War With Iran 27 Times In One Year”
Insightful commentary by the BB – WASHINGTON, D.C. — President Donald Trump set a new world record this week by winning the same war with Iran for the 27th time this year, shattering the previous record of one. According to White House officials, Trump first won the war with Iran in February. … “No one…
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“Why these ’60 Minutes’ correspondents are staying after Scott Pelley fired”
One reason not mentioned – they get paid pretty well. This is off USA Today so not a long article. Lesley Stahl, Bill Whitaker and Jon Wertheim confirmed they will remain on the CBS program in a memo shared with staff and obtained by USA TODAY on Friday, June 5. “We have had a hard…
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WSJ: ‘60 Minutes’ Correspondent Scott Pelley Fired by CBS News
I guess this is a big deal but I cannot remember the last time I watched 60 Minutes. Veteran “60 Minutes” correspondent Scott Pelley was fired by CBS News, a day after taking aim at Editor in Chief Bari Weiss’s leadership during a staff meeting for the show. Executive Producer Nick Bilton sent a note…
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Anti-ICE Newark protests, not exactly non violent civil disobedience
So NY Gov. Hochul has banned wearing masks; which of course are worn to protect against this outing and doxing. the kid has subsequently been arrested. This was at the ICE facility in Newark NJ, which has been the scene of pretty wild protests.
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Jane Street – everyone is wondering how they do it (make oodles of $$$)
The first I’d heard of Jane Street was reading the book Going Infinite and how Sam Bankman-Fried got his start. Bottom line is they are better than everyone else at what they do.
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WSJ: “Trump Has Lost the Governing Plot”
Calling it like it is. His personal obsessions and campaign of retribution are damaging his Presidency and his party. Republicans don’t want to say this publicly, but privately they do: President Trump’s personal political obsessions are hurting his Presidency, harming the chances for further policy gains the rest of this year, and putting control of…
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Trump rallies with Congressman Lawler in Rockland County.
There was efforts in my area of Westchester to turn out counter demonstrators against Lawler – I heard from three different organizations – but no sign of that in this CBS coverage. I like Lawler and much prefer him to Trump. Saying I like Lawler can get me confronted by nasty people – Croton on…
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Rand Paul’s son in drunken altercation with Rep. Mike Lawler
Numerous witnesses as William Paul starts a drunken tirade. He says some pretty vile stuff. Lawler is my congressman. Here is an apology from Wiliam –
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WSJ: China thinking they are on the rise and USA sinking?
Maybe not. Xi Jinping likes the Greek analogy because he thinks China is the rising power and the U.S. in decline. He might think twice about that. “His real point was warning Mr. Trump not to risk a war by interfering with China’s designs to retake Taiwan—by force if necessary.” ************** Thucydides was the great…