2026: Pete Buttigieg Calls to Abolish the Electoral College in Iowa Speech
2019: Buttigieg doubles down on scrapping Electoral College: ‘It’s undemocratic’
The Fed has met its goal of keeping inflation below 2% in only eleven of the last sixty years, which I'm sure was just an accident.
Fixed it for ya.
ICE suspends vehicle stops for U.S. immigration enforcement, Reuters sources say
... Maine Senator Angus King, an independent who caucuses with Democrats, told reporters that the agents involved were not wearing body cameras, leaving questions unanswered about the circumstances surrounding the shooting. ...
The bastards in the Trump administration slow-walk compliance with oversight no different than Obama did. The issues change, but the behavior of the executive remains the same.
This country eats, drinks, and sleeps inflation in the post-war . . . at 3.4% since 1948.
It's the cover for the haves to rob the have-nots. The Fed's job is to keep it going, just at a lower level than the 4.4% of the last six years, while telling you that they work for you when they actually work for the banks and the corporations.
From 1871 to 1948 the inflation rate was 0.8%, for most of which time we had sound money . . . until they confiscated it in 1934.
The only true words below are "We don't know".
Warsh promises inflation will be a ‘thing of the past,’ cites benefits of AI investment boom
... "if we get policy right — and we will — the inflation surge of the last five years will be a thing of the past."
... "While monthly price fluctuations are inevitable — especially in an unsettled world — underlying inflation over longer time horizons is determined largely by monetary policy," he said.
... "We don’t know the extent to which the economy will benefit from the AI buildout," he added. "Yet it seems inevitable that what is now called ‘AI investment’ will soon be called just ‘investment.’"
Warsh previously has said he expects an AI productivity boom will prove disinflationary — a premise challenged by some economists as well as his fellow Fed policymakers. ...
Gee, I hope it's not this disinflationary:
A 20% charge on a fully loaded VLCC is $30 million. Iran is widely believed to be charging less than 2%.
Trump is a buffoon.
Global shipping industry sounds the alarm over Trump’s Hormuz toll plan
... Shipping giant Hapag-Lloyd has said it is “fundamentally wrong” to charge tolls for passage through international waters, regardless of the country in charge.
“Tolls for infrastructure such as the Suez Canal or Panama Canal are different, because they reflect major infrastructure investments,” the firm said in a statement. “That is not the case in the Strait of Hormuz.” ...
Brent oil jumps more than 9%, biggest daily gain since 2020, after Trump reinstates Iran blockade
... Brent crude futures advanced 9.6% to close at $83.30 per barrel. It was the international benchmark’s best daily performance since May 2020. West Texas Intermediate futures gained 9.4% to settle at $78.14. ...
UN maritime agency opposes Hormuz transit fees after Trump demands protection money
The International Maritime Organization, a United Nations agency, said Monday that it opposes transit fees in the Strait of Hormuz after President Donald Trump demanded that ships pay protection money.
“We have always been consistent on our stance on fees – IMO stands firmly against charging fees for passage through straits used for international navigation,” a spokesperson said.
“There is no legal basis through which to introduce mandatory tolls simply to transit through a strait,” the spokesperson said.
... Tolls to transit Hormuz are against international law, said James Kraska, an expert on international maritime law at the U.S. Naval War College. The world has an unimpeded right to transit Hormuz, Kraska said. ...
Different leadership at DHS, same murderous Trump as before.
Elect Democrats and impeach his ass.
Witness says Biddeford shooting victim told police ‘I tried to stop’
Daniel Boucher was getting ready for work Monday morning when he heard what sounded like fireworks going off outside of his home near downtown Biddeford.
He rushed to the window, where he saw an SUV trying to ram a small white car in the intersection. Moments later, agents in vests stopped the car and pulled the driver out.
“He was bleeding profusely from the head,” Boucher said later Monday morning. “He was talking. He said, ‘I tried to stop.'”
Boucher watched in disbelief as the man’s legs stopped moving as he lay on the ground. He believes he watched him die. ...
After Biddeford police and an ambulance arrived, Boucher said he saw someone appear to start CPR on the driver. Boucher went out to his front door, where the ICE agent he believed fired the shots walked past him.
“I said ‘This was awful’ and he said, ‘He was trying to ram me,'” Boucher said. ...
The tyrant is the real slave. He is mastered by a whole host of conflicting desires, none of which he is therefore able to in any way satisfy.
Trump proposes 20% toll on cargo through Strait of Hormuz; restarts Iran blockade
President Donald Trump on Monday said the U.S. will impose fees in the Strait of Hormuz “at the rate of 20% on all cargo shipped,” after declaring America’s role as the “guardian” of the major oil-shipping route. ... Trump’s post asserts that commercial vessels attempting the transit must now pay protection money to the U.S. ...
“The U.S.A. will be, from this point forward, known as ‘THE GUARDIAN OF THE HORMUZ STRAIT,’” he claimed. “But as such, and as a matter of FAIRNESS, will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the World.”
“The process and formation will begin immediately,” he added. ...