... "You don’t need other people. The point of getting rich is so you don’t have to need other people, so you don’t have to get along with others.” ...
Quoted here.
Showing posts with label Yahoo. Show all posts
Showing posts with label Yahoo. Show all posts
Saturday, June 6, 2026
Thursday, May 7, 2026
Ronald Reagan's faith in the American people's better judgment about how to spend their own money was . . . misplaced
"Well, our loyalty lies with little taxpayers, not big taxspenders. What our critics really believe is that those in Washington know better how to spend your money than you, the people, do. But we're not going to let them do it, period."
-- Ronald Reagan, Nationally Televised News Conference, June 30, 1982
The secret of Ronald Reagan's success was that he stroked the vanity of the people.
Nominal return from SPX since he made those remarks has been 12.48% per annum through April 2026.
Just socking away a one time investment of $2,000 in the S&P 500 that summer and forgetting about it would have yielded you almost $353,000 by now.
But today just 2.6% of Americans in general have at least $1 million in a retirement account, and HALF of retirees aged 65-74 have only $200,000 or less.
Meanwhile, our betters in Washington have put the country $39 trillion in debt, and 73% of us die in debt ourselves, with the average owed just under $62,000.
The government we deserve!
Monday, April 6, 2026
Everybody is getting into the authoritarian business of giving themselves the power to decide something they don't like is terrorism so that they can suppress it
... Florida Governor Ron DeSantis signed into law a measure that gave him and other state officials the power to designate groups as "terrorist organizations" and expel students who support them, with rights groups saying the law will chill free speech.
The law empowers the state's chief of domestic security, governor and cabinet to designate any organization they determine engages in extremist acts as a "terrorist organization."
After such a designation, the group can be forcibly dissolved and face a freeze on state funding, according to the legislation. It also says that students shall be expelled from their institution if they "promoted a domestic terrorist organization or a foreign terrorist organization." ...
Wednesday, January 7, 2026
Wednesday, December 10, 2025
Monday, July 14, 2025
Tuesday, June 24, 2025
Yeah, what a hero Trump is, they should give him the Nobel Peace Prize
From the suck-ups at Real Clear Politics this morning:
Saturday, May 10, 2025
The Chicago Tribune editorial board laments the closing of all Jo-Ann Fabrics stores, never mentions that becoming a literal sewer of woke was the last straw for many of its long time customers
Sewer has two meanings dontchaknow, seamstress only one.
From the conclusion:
... And lucky Chicago suburbanites have small businesses such as LindaZ’s Sewing Center in Arlington Heights, where knowledgeable staff connect savvy sewers, knitters and quilters with fabric and machinery, and Thimbles in Lockport, which still serves a loyal community of sewers and quilters too. ...
Thursday, May 8, 2025
Trump is still pressing for tax increases on the rich to pay for all his gimmicks
Trump urged US House Speaker Johnson to raise top tax rate, sources say
U.S. President Donald Trump privately urged House Speaker Mike Johnson during a phone call on Wednesday to raise the tax rate on the wealthiest Americans and close the carried interest loophole for Wall Street investors, two people familiar with the conversation said on Thursday. ... Treasury Secretary Scott Bessent told reporters last week that Trump had ruled out the idea. ...
Sunday, May 4, 2025
Wednesday, April 23, 2025
Trump's tariffs mean that the skies will be empty, along with the shelves
Boeing hopes to find new buyers for up to 50 planes returned by China
... Two Boeing jets have returned to the US from China,
with another on the way, after the imposition of steep 125% tariffs on
American imports. China imposed the levies in retaliation to the White
House’s 145% rate that threatens to significantly slow down the world
economy. ...
Blank Sailings Rattle Trans-Pacific Trade as China Imports Nosedive
... Container shipping companies have blanked at least 80 sailings this month, compared to 51 in March 2020, when volumes crashed amid early Covid-19 lockdowns, Sea-Intelligence said. ...
Friday, November 22, 2024
Pete Hegseth wasn't honest with Trump about his past
Donald Trump’s transition team is said to be “upset” with Pete Hegseth because he “hasn’t been honest” about the sexual misconduct allegation from his past – prompting insiders to consider other options to lead the Pentagon.
Hegseth was tapped last week to become Trump’s defense secretary but now those in the president-elect’s inner circle are “quietly preparing a list of alternative” candidates, Vanity Fair reported.
“It’s becoming a real possibility,” a source told the outlet’s special correspondent Gabriel Sherman.
The source said that the Trump team was taken by surprise after a serious sexual assault allegation against Hegseth came to light, which led Trump’s incoming chief of staff Susie Wiles to question the former Fox News host on a call last week. Hegseth was never charged with a crime and denies the allegations.
“People are upset about the distraction. The general feeling is Pete hasn’t been honest,” a second source told Vanity Fair.
A “prominent Republican” close to the Trump transition team told the outlet that some are also unhappy with the president-elect’s choice due to Hegseth’s lack of qualifications to lead the nation’s defense. . . ..
What else would he fail to be honest about?
Monday, July 1, 2024
Supreme Court rules Obama can't be prosecuted for executing American citizens by drone while he was president, Democrats shaken, dismayed, hopeless
Supreme Court rules ex-presidents have broad immunity, dimming chance of a pre-election Trump trial
US Supreme Court rules Trump has immunity for official, not private acts
Sunday, June 30, 2024
Missing us by 180k miles yesterday, asteroid 2024 MK was only discovered on June 16 and was one of the 60% larger than 140 meters still unknown
Gee that's . . . not a happy thought.
The asteroid, named 2024 MK, is estimated to measure about 480 feet (146 meters) across, which is greater than the height of a 40-story building or the Great Pyramid of Giza.
More.
A sucker that size could destroy London, England:
"If [an asteroid as big as Dimorphos] were to fall on the city of
London, windows would break over the whole south east of England and the
damage in [the Greater London] area would be very extreme," Collins
said. "There would be no survivors in the center of London because of
the impact itself and also because of the severity of the air blast." ...
While asteroids of this size crossing the path of our planet are rare, astronomers estimate that 60% of near Earth asteroids larger than 140 meters are still unknown.
NASA said it came in at 152.4 meters.
European Space Agency said it came as close as 180k miles.
Talk about giving two weeks notice.
DNC chair Jaime Harrison and Biden campaign manager Julie Chavez Rodriguez gaslight DNC committee members in Saturday conference call, disable chat function and disallow questions
Here:
Multiple committee members on the call, most granted anonymity to talk about the private discussion, described feeling like they were being gaslighted — that they were being asked to ignore the dire nature of the party’s predicament. The call, they said, may have worsened a widespread sense of panic among elected officials, donors and other stakeholders.
Instead, the people said, Harrison offered what they described as a
rosy assessment of Biden's path forward. The chat function was disabled
and there were no questions allowed.
“I was hoping for more of a substantive conversation instead of, ‘Hey, let’s go out there and just be cheerleaders,’ without actually addressing a very serious issue that unfolded on American television for millions of people to see," said Joe Salazar, an elected DNC member from Colorado, who was on the call. “There were a number of things that could have been said in addressing the situation. But we didn’t get that. We were being gaslit.” ... “This should not be a close race,” Salazar said, pointing to Trump's criminal record and long history of falsehoods. “They’re the ones who should be looking for a new nominee, not us. And unfortunately for us, because of our president’s performance on Thursday night, that is now an open discussion.”
Saturday, June 29, 2024
Monday, June 24, 2024
Maybe that's the problem right there
No human biologist now argues that violence is in our genes.
More.
Thursday, June 6, 2024
Chicago Tribune Editorial Board wrings its hands over 450k Illinoisans with concealed carry permits now firing back, calls the right to self-defense "taking the law into your own hands"
Worryingly, we’re seeing more signs of that phenomenon in Chicago, with three separate episodes over the last weekend in which would-be victims proved to be both armed and willing to fire at their assailants. Four people who police said were attacking these concealed carry holders were shot and wounded, all of them critically, according to a report by Block Club Chicago.
More.
Yeah, citizens doing the job the cops and the courts won't do is horrible.
Hey, concealed carry holders, go back to the range and improve your aim, will ya?
Monday, June 3, 2024
Pure fascism: Utility sector is profiteering off the federally subsidized green energy push
Utility stocks are on fire — here are Wall Street analysts' top picks :
The S&P 500 Utilities ETF (XLU) is up more than 12% year to date in a reversal from last year when investors soured on the sector due to expensive projects and high interest rates. ...
Constellation Energy (CEG) is the largest owner of nuclear plants in the US. The Baltimore-based company has been a beneficiary of the government's push to transition to green energies and growing power demand from data centers. Constellation shares are up more than 85% year to date as the company forecasts base earnings to grow by at least 10% annually through the decade. ... The analyst highlights that Constellation produces power at roughly $25 per megawatt hour, while the government's Inflation Reduction Act allows for a selling price floor of $45 per megawatt hour, providing a minimum of $20 margin per megawatt hour. ... Constellation has been operating as a standalone energy provider since 2022 after a spin-off from utility giant Exelon (EXC). The company has been buying back shares and recently upped its dividend ahead of its earnings due on Thursday. ...
NextEra Energy (NEE): The $147-billion-market-cap company is one of the largest electric
power generators in the country. While NextEra owns a regulated utility
in Florida, investors are more interested in its non-regulated part of
the business, NextEra Energy Resources, which involves developing
renewable energy in the US. ... "The re-domestication of industry in the US supported by public
policy will drive the need for more electricity," CEO John Ketchum told
analysts in April. The stock is up about 20% year to date. ...
Among the regulated utilities, Southern Company (SO) is one of the best performers inside the Utility sector year to date, with shares up more than 10%.
It's great to be a Democrat.
Sunday, May 26, 2024
Reuters: Trump was undeterred in front of Libertarians
Undeterred, Trump poked fun at the crowd, saying if they did not back him, they would continue to garner just a tiny portion of voter support in national elections.
More.
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