Category: economics and politics
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CNBC interview – she manages – through QTUM – some money for clients
And has doubled the S & P over past five years. It’s all about AI and quantum computing.
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Palantir CEO Alex Karp – the ultimate no BS business leader
Karp (I love the guy) defends Palantir and their government contracts and their support for Ukraine and Israel. His rapid fire speechifying goes for less then 4 minutes. Below the video is a simplified explanation of what Palantir does. The explanation of Palantir’s mission is from Perplexity AI. The question I asked perplexity is in…
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WSJ: Billionaire “Cash for Kids” donations going into 25 million children’s new “Trump Accounts”
This was part of the so called “Big Beautiful Bill”. And it is/was a great idea. Michael and Susan Dell plan to donate $6.25 billion to 25 million children for savings accounts. The founder of Dell Technologies and his wife will provide $250 for children age 10 or under who were born before Jan. 1,…
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Peggy Noonan on Kamala and John Fetterman memoirs
The former Reagan speechwriter who has had a Wall Street Journal weekly column for decades. She is a thoughtful person (and no fan of Trump). I have not read either book (and won’t be). Excerpts below the link. Kamala Harris’s memoir gives you little idea of what she believes. John Fetterman’s is better. I spent the…
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WSJ: “‘Deliver or Die’: Inside the Drug-Boat Crews Ferrying Cocaine”
The payoffs are so huge for the traffickers that they are OK with risking death. Excerpts below the link. “The high-seas cowboys who speed tons of cocaine to American consumers are now getting blown out of the water. They say it won’t stop them.” CALI, Colombia—They see themselves as the cowboys of the drug trade,…
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“The Psychology of Hating Thanksgiving” – & other hatreds
The article below is from a Catholic League press release. As I read it I thought “Yup, and this kind of Black & White, either/or thinking applies to so much of our social commentary and opinions today”. A recent example: “Charlie Kirk is a Saint v. Charlie Kirk is a racist, misogynist. I’m sure he…
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Robert P George resigns from the Heritage Foundation
I only vaguely know about this controversy, but I do know Robert George (not personally) as a very principled Catholic intellectual with quite a resume. So whatever he does, I support. This is a black eye for the Heritage Foundation. From the Wall Street Journal – The Heritage Foundation debacle isn’t over. The decision of…
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WSJ: Ultrarich, privacy and income inequality
This is from the Journal – Let them eat cake? “The Ultrarich are spending a fortune to live in extreme privacy. In Miami and elsewhere, the wealthy are moving in increasingly private spheres, shelling out big money to bypass the indignities of public life. When developers Masoud and Stephanie Shojaee dined out recently, they headed…
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“Trump, affordability and Growth”
This is all very well and good news, BUT see my Journal article exceprt tomorrow. From the Wall Street Journal column Best of the Web The Trump economy appears to be cooking. The Federal Reserve Bank of Atlanta has just upgraded its estimate for real U.S. economic growth in the third quarter to a robust…