Category: economics and politics
-
CBS: WH economic Advisor Hassett – 2K tariff checks “depend on Congress”
Kevin Hassett (who I like) interviewed on CBS. Trump bamboozles the Democrats again – like with no taxes on tips who is going to vote against a reimbursement or rebate to non- high income earners with money from the tariffs? And according to Hassett (see below) the budget deficit is dropping. Director of the National…
-
NYT: “Scams, Schemes, Ruthless Cons: The Untold Story of How Jeffrey Epstein Got Rich”
Even though I can’t stand all the coverage of Jeffrey Epstein – he’s dead, who cares – of course it’s politically motivated to find dirt on Trump – this article on his early years is amazing. A huge amount of digging went into it by the Times reporters. It is a long feature to read…
-
NYT: Why Both Republicans and Democrats Are Wrong About Health Care
If you want top quality healthcare – you can’t get it without someone paying – a lot. The cost goes up every year as more and more procedures and meds are developed. And professional staff is expensive – I have a young ICU nurse client in a major Westchester hospital. Not counting benefits her salary…
-
WSJ: Climate Study Retraction…
Over tens and hundreds of thousands of years there have been many periodic climate crises – some of them literally threatening the destruction of humanity – but none of them due to human activity. We know that there was a climate change so rapid and dramatic about 62,000 years ago, that nothing grandparents could teach…
-
WSJ: “Now Obama says he’s giving back”
The sort of thing Trump would do…? This is almost funny. The former president finds a new way to honor himself. Nobody runs for president without a robust ego, and winning two elections for the nation’s highest office is unlikely to lower anyone’s self-regard. Still, it takes a special kind of nerve to bulldoze local…
-
Meet the Waltons – Walmart founder Sam Walton legacy
These videos are triggered by the fact that the current CEO of Walmart (who started stocking shelves in 1983) is retiring after a successful 11 year run. Walmart takes care of their employees and they are very loyal. That’s the first video – 7 minutes long. The second is how the Founder Sam Walton’s three…
-
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.
-
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…
-
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,…
-
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…