Category: economics and politics
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Why Microsoft stock dropped 10% yesterday.
I don’t usually post about business but this is interesting and gives an insight into current stock market dynamics. Yesterday Microsoft stock price fell from 488 to 433. Despite a generally very good quarterly report from them, their cloud business – azure – only grew 38%. It was expected to grow 39%. And the whisper…
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WSJ: Minneapolis Police Union President speaks out
I think I read somewhere that a Minneapolis police official said they did offer some support to the ICE people but were told it wasn’t needed. This seems to directly contradict that. Why are the ICE agents involved in these two tragedies still on duty? They should be on leave UPDATE: TWO WERE JUST PLACED…
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Mamdani blames Adams for City financial woes.
Your basic smooth politician, like De Blasio he blames his predecessor. I hope Eric Adams responds.
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At Davos; US Commerce Secretary v. Europe
Well I guess this is telling it like it is. Howard Lutnick is a hard ass New York businessman. The CEO of Cantor Fitzgerald, he lost 658 employees on 9/11 at the top of the North WTC building, including his brother as well as my friend Tom Knox. He’d have been killed also but he…
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CNBC interview with Sec. Bessent in Davos.
Good thing he’s Treasury Secretary. Very worth watching the whole interview. Killler line at about 2 minutes – “Since 1980 the US has spent 22 trillion dollars more on defense than the entire rest of NATO has.”
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Clear video of the church stormed by “peaceful protestors”
This video was taken by one of the protestors and somehow Catholic Vote got ahold of it. Well known humanitarian Don Lemon was at the protest but – he says – only to cover it as a journalist. The claim is that one of the church Pastors works for ICE.
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CNBC: Iran analyst who’s worked in several administrations
Amos Hochstein – smart guy.
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BB: NATO Begs U.S. For … Funding So They Can Defend Greenland From U.S.
Amid the looming threat of a U.S. military takeover of Greenland, NATO requested emergency aid from the U.S. to help it defend Greenland from the U.S. “This is an emergency, and we need the aid of the United States as soon as possible,” said Secretary General Mark Rutte. “The U.S. could attack Greenland at any…
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NYT breaking: “Venezuelan opposition leader gives Trump her Nobel Peace Prize”
What’s the sentiment…? “Freedom isn’t Free” I hope he holds onto it for a few days and gives it back. Venezuela: President Trump said that the Venezuelan opposition leader María Corina Machado gave him her Nobel Peace Prize during their meeting at the White House on Thursday. Ms. Machado said she had made the presentation…