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SusanInFlorida

31-35, F

United States

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5283 views · 273 followers · Online: See Last Online »

Event planner. I aspire to be a wife and mother

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Federal Reserve cheering! High interest rates are FINALLY “working” ?

Photo above - Facebook is laying off 22% of its workforce. And spending the money on server farms and AI data centers like this. Big, isn't it? Fed chairman Jerome Powell must be in heaven. 18 months after the government tripled interest rates...

Urban real estate crisis – is a “doom loop” the same as a death spiral?

Photo above - America's $2 trillion office skyscraper market is imploding. Can Tareq and Christina help transition it to affordable housing? Suppose someone told you that the big city office vacancy rate was 20%. Would you consider this a crisis?...

China dumps US treasuries, then bails out its bankrupt real estate industry with the proceeds.

Photo above - drone's eye view of vacant buildings in Nanjing, China earlier this week. The Chinese government is going to buy them . . . but then what? There's a common misconception about Fed Funds rates. Some pundits focus on the how rate...

The public comment period for Biden's student loan forgiveness plan is ending. 63,000 people responded.

Photo above - Shaw University has the worst net return on tuition of any college in America (negative $121,000). But it has a dozen cheerleaders for its Division II basketball program, and a winning record! I have to admit, I didn't realize there...

"The Polling Data has been wrong all along” . . . the economy is great.

Photo above - Math is hard! White House press secretary Karine Jean-Pierre does her best to tackle tough economic questions from reporters. Biden says the economy is great, and the polls have been “wrong all along”. To be honest, I'm skeptical abo...

A crisis looms!! Affordable Chinese EVs . . .

Photo above - President Biden clowning for reporters as he welcomes Chinese leader Xi Jinping for an official state dinner 6 months ago. This month he announced 100% tariffs on imported Chinese goods. Well, you can't accuse the White House of...

It doesn't get much better than this. Home prices soar nearly 50% since 2020.

Photo above - this house for sale in NJ got 120 offers, and sold for $150K over the listing price. Both the seller and buyer are probably winners . . . Hallelujah! If you ALREADY own a home, you're on top of the world. Home prices are up nearly...

Here it comes - “expert” disinfo that home ownership is a bad idea

Photo above - what is this Malibu beachfront mansion actually worth? And what did it sell for 2 years ago? The answer may surprise you . . . America is obsessed with housing affordability. Me too - I'm a renter, and I don't get any return on my...

What if they cut electricity costs for the wealthy, and raised it on the rest of us?

Photo above - California just passed an electric rate cut for high volume users. Like Oprah Winfrey. This is one of her several mansions. Oprah's electricity will now be subsidized by higher bills on ordinary electric customers. "What if we cut...

California legislature demands investigation of sky high gasoline prices. Finds out THEY are the problem, not price gouging.

Photo above - California installed 100,000 EV chargers, many with taxpayer funded subsidies. In the meantime, gas prices are 50% higher than the national average. Could there possibly be a connection? Those darn oil refineries. If they stopped...

“A Generation of Sociopaths: How the Baby Boomers Betrayed America” by Bruce Gibney

Photo above - "Boomers are sociopaths!" Author, millionaire venture capitalist and Pay Pal founder Bruce Gibney, with unidentified companions. America's boomers are under attack by . . . America's Gen X millionaires. I naturally expect Gen X,Y,Z...

Quick – can you name all the foreign currencies worth 1/1,000 of a dollar, or less?

Photo above - Eva Peron assures her Argentinian countrymen that their economic troubles are over, in 1952. Today the peso is worth 1/1,000th of a dollar. A thousandth of a dollar. That would be one tenth of a penny. The mind reels. Most nations –...

California considering a ban on technology. In hopes of creating huge numbers of low paying jobs?

Photo above - Senator Lola, who wants to ban automation, is a UCLA graduate. Who'd have guessed? Has this ever happened to you? You're going into the supermarket, and a local politician with a folding table accosts you and asks “what party are...

"Corporations are raising prices 5 TIMES faster than inflation” (Senator Bob Casey, democrat)

Photo above - this is NOT Senator Bob Casey, democrat from Pennsylvania. It's Senator Johnny Iselin, from the classic film "The Manchurian Candidate". Finally (!!) actual democrats are coming around to what I've been saying for over a year....

America's most expensive bridge . . . doesn't actually go anywhere. (Spoiler alert – it's in California)

Photo above - Gomez Adams plays with toy trains in his basement. However, he paid for them himself, not taxpayers. When I clicked on this NY Post article (link below) about the bridge to nowhere, I assumed it was going to (eventually) be part of...

At last! A government price control law we can love . . .

Photo Above - Restaurants like Atelier Crenn are some of California's ritziest. But if you go someplace like this, and order the "chefs grand tasting entree" for $460, is that what you'll actually pay? Or will there be hidden surcharges, fees, and...

Biden seeks $5 trillion tax hike. The one nobody is talking about.

Photo above - this home was (allegedly) built for $3,000 in 1913. Guess what it's listed for today? Stop reading now if you have zero assets. No home, no 401K, no farmland, no savings invested in the stock market. You have no worries. You already...

Blame the boomers (again)! This time it's the affordable housing crisis.

Photo above - "We have met the enemy, and she is mom". Newsweek takes boomers to task for not selling their paid off family homes. Every time I open my Yahoo news feed I'm assaulted by economic garbage. Like the link at bottom, from Newsweek. Full...

9 out of 10 economists were wrong. But none were suspended or demoted. Here are their new predictions

Photo above - "I'm sorry ma'am. But your dog is limping, and he's 11 years old . . ." A long time ago, America's smartest economist were asked to predict what the Federal Reserve would do next. Well, it wasn't THAT long ago. January of this year....

Total world debt now equal to annual world economic output. Can we get a low-rate bill-consolidation loan to fix this?

Photo above - Napoleon Bonaparte borrowed the equivalent of $25 trillion to wage war on the rest of Europe (1803-1815) Spoiler alert - he lost. We're number 1! We're number 1! Total global debt is nearly $100 TRILLON. And the US government owes...

My apologies, sir. We have nothing larger than a $3 bill.

Photo above - The Cuban army arrests demonstrators - in 1959. Not shown: the Cuban army arresting demonstrators again in 2024. The link below is about Cuba. If you believe in the idea of a socialist worker's paradise, please stop reading now, and...

Wait – didn't Republic First Bank ALREADY fail? Oops – that was "First Republic" bank, less than a year ago.

Photo above - stock image of a "Republic First" bank branch, which failed yesterday. Pennsylvania readers - do they all look like this? A cross between a Chevy dealership and a Taco Bell? How is this even legal? A bank starts calling itself...

Humans 1, robots zero in latest store automation matchup. Wait . . does this mean we WON'T save "billions" in labor costs?

Photo above - Walmart shopper Hazel Nutella was recently arrested for theft at a self-checkout. Hazel says her "customer experience" won't be enhanced if the store goes back to human cashiers. But she plans to apply to work there after she posts...

Raise your hand if you want to pay tariffs on the solar panels you buy – in addition to getting tax rebates.

Photo above - The American Association for Solar Manufacturing doesn't have an official logo yet, so I asked AI to make one for them. Who the heck is the AASMTC? And why do they want tariffs on imported solar panels? Let me guess . . . imported...

Electric prices go negative in California, while gas hits $7.29 a gallon.

Photo above - the California governor's mansion. Which doesn't have rooftop solar but gets free electricity courtesy of taxpayers. Congrats if you already put solar panels on your roof. I'm not going to cast shade on you. Even if you got...

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