This is why America is financially illiterate – the 163% MSN mistake.[i]Photo above - the median home price in America just hit $700,000. 116% inflation. Bananas shown for scale - their inflation rate was 17% I bow to no one in my disrespect for the misinformation available from MSN. Data concocted and simplified... See More » (1)
California housing costs soar 75% in 5 years. Lowest home ownership rates in the nation.Photo above – California Governor Gavin Newsom, who is fond of telling voters “As California goes, so goes the nation . . . you have to let go of your fear . . . “ Long story short:. An “upper middle class” office worker earning $130,000 moves to... See More » (1)
Bitcoin crash wipes out $400 billion this week, $1 trillion over the past month. My sister bought $10 worth Thursday.[i]Photo above – Trading Day: “I'm winning... I'm winning any motherfreaking way. I can't lose . . .” Don’t say we weren't warned. Bitcoin crashed from $124,000 to $80,000 over the past month. We were also warned that Bitcoin was likely to reach... See More » (1)
Are we charging too little for F35 jet fighters? How about a tariff on THOSE things to help with the federal budget?Photo above - cancel red alert! A scale model F35 jet fighter prepares to take off from an undisclosed back yard location. Saudi Arabia just bought dozens of the real thing. Welcome to the club, Saudi Arabia! You will soon have a squadron of the... See More » (1)
Take THAT, voters. We’re closing your schools 1 day a week because you voted against the tax hike . . .The Iron County Utah school district has something to say: they're going to a 4-day work week because voters didn’t approve $3 million in new taxes. $3 million may not sound like a lot, but it’s an increase of 10% over 2025. And in 2025 the... See More » (1)
Wait . . . what? EV drivers are trading them on hybrids? Is that really true?Photo above - raise your hand if you thought an $80,000 electric SUV which costs the same per mile to operate as the gasoline version was a good idea . . . There were 3.2 million “electrified” vehicles sold in the USA last year. See the MSN link... See More » (1)
Chicago city council rejects mayor’s new taxes by a landslide margin. Is this “man bites dog", when it comes to economics?Photo above - 10% of Chicago's homes are reportedly vacant. These might have squatters living in them, though? You’re a business manager in Chicago. They mayor sends you a letter saying “good news, everybody – If you employ 100 or more people,... See More » (1)
$3 trillion invested in wind turbines. But we’re only getting 10 megawatts sq mile? How many millions of sq miles will we need for turbines?Photo above - what do you do when your "world's largest wind turbine" falls apart? Meet China's "world's largest wind power kite", currently being tested in Mongolia. Hey – you there. Turn off your effin’ light and 65 inch OLED TV. You’re using... See More » (1)
Scam alert - oh snap! Now I can lose thousands if someone copies my car’s license plate???Photo above - Outgoing mayor Eric Adams poses with one of his 3-star generals running the NYC police force, to tell the press he has no solution to fake license plates running red lights in the city. I should have seen this coming. Or at least EZ... See More » (1)
What will it cost us if the skeptics right, and AI is just a bubble? Suppose lots of those data centers sit empty, like abandoned shopping malls?Photo above - Xi Jinping, Secretary General of the Chinese Communist Party, swears this video released yesterday is NOT a fake/AI. That the first 5,000 robots were just delivered. So America, you'd better watch out! Transcript of an imaginary... See More » (1)
Stop whining! California promises to tax away 5% of your net worth ONLY ONCE (for now)Photo above - "The wifi is booming". The migration from California to Texas might be too, with the latest billionaires' tax. Musk and Bezos – good timing. You made a clean getaway. Zuckerberg, Steve Ballmer, Larry Page . . . there’s still time.... See More » (1)
Push comes to shove – Pennsylvania ends $50 billion budget crisis by sacrificing climate change programs to pay for public schools.Photo above - The Sistine Chapel. Oops, my bad - this is the Pennsylvania legislature in Scranton, where a $50 billion budget crisis was finally resolved last night after 4 months. The people have spoken. Schools are a higher priority than EV... See More » (1)
“If there’s a better way to worship a bank than borrowing $800K on a 30-year mortgage at 6.5% for a 900-square-foot home, I have yet to hear it . . .Photo above – 1480 E 85th street, NYC. Currently off market. This is apparently an example of the 900 square foot, $1 million dollar home which The Washington Examiner says is absurd . . . The post title is a direct quote from The Washington... See More » (1)
It’s on! NY Governor Hochul declares economic war on Zorro Mamdani after the election. “There’s no state money for your free bus rides and daycare . .Photo above – Nyet! Hochul delivers the bad news to socialist NYC mayor Mamdani that he won’t get a blank check from her office to cover all the campaign promises he made. Wow . . . I bet voters wish Governor Hochul had been this truthful about... See More » (1)
Australia to give away free electricity – and it sounds legit. How much would 273,000 GwH cost?Photo above - the Peak Downs coal mine in Australia, one of the largest on Earth. Australia just announced plans to give away free electricity from solar panels. The land down under (Oz, Australia) has 80 BILLION tons of coal. Guess what they... See More » (1)
Message to new New York: “you can’t remain America’s financial capitol if you despise capitalism”Photo above - will we make it to 2029 this time, or will the next stock market crash happen sooner? What will cause it - Trump Tariffs, Socialism in NYC, or state sponsored hackers attacking the stock exchange? After the Mamdani landslide, smart... See More » (1)
"Thank you . . . and for my next trick, let me show you a robot which will eliminate poverty." (Elon Musk).Photo above - Meet Elon Jetson. His boy Elroy. Their maid Optimus. And their full self-driving, flying cybertruck . . . I love it! I absolutely love the idea of a robotic servant-slave-factory drone which will “eliminate poverty”. (see link... See More » (1)
How does a 3 cent per mile tax on your electric car sound?Photo above – some drivers may feel prickly about the new 3 cent per mile tax on electric cars. Politicians have pivoted from saving the planet to saving the electric companies. And saving themselves. The United Kingdom is implementing a new 3... See More » (1)
Can Zohran Mamdani’s rent freeze in NYC actually work?Photo above - Steinway tower, one of the newest apartment buildings in NYC. It's so tall and skinny because there's not much land left. 2 bedroom rents start at $5,000 a month. Electricity, water, gas and other amenities cost extra. Hey . . . was... See More » (1)
Who WOULDN’T want to give their credit card and bank account info to AI, and tell it to just go shopping for them . . . ?Photo above - Aravind Srinivas, CEO of Perplexity AI, who is also India's youngest billionaire. Amazon is suing Comet. Not the mysterious comet hiding behind the sun, which Harvard Professor Avi Loeb claims is a spaceship. (In fact, Professor... See More » (1)
Reality check: can I REALLY earn $600,000 a year as a Walmart store manager, or is this just bogus PR?Photo above - elated Walmart shoplifter has made it out the door. Walmart managers reportedly can earn up to $600,000 annually if they solve problems like this. This particular Walmart (in San Diego) later closed, as the problem apparently was... See More » (1)
Is a tax refund spending surge really coming on April 15th next year? Will Americans pay down debt, or buy new stuff?Photo above - If you're getting a big tax refund after April 15th, you're doing it wrong (the W-4 withholding worksheet). But that's the way the IRS wants it - free use of our money the previous 12 months. According to Wall Street's JPMorgan (link... See More » (1)
Hydrogen car owners sue Toyota for billions. Could this happen with EV cars too?Photo above - where are the hydrogen cars? In fact, where are the hydrogen fueling stations? Do we need to throw more taxpayer money into incentives? The gist of the new billion-dollar hydrogen car lawsuit: “promoting and selling vehicles that... See More » (1)
St. Louis is on a path to bankruptcy. Should it be allowed to sell vacant condemned buildings to make ends meet?Photo above – Interco Plaza, St. Louis. Formerly a newspaper publisher, and before that a railroad junction. The site is currently fenced to keep squatters. vandals, drug dealers and homeless encampments at some remove. There are a LOT of details... See More » (1)
Suppose 30% of your city’s downtown storefronts were vacant? This candidate’s counterintuitive solution – raise taxes.Photo above - Omar Fatah (left), Somali refugee/socialist/Muslim is running for mayor of Minneapolis, trying to unseat incumbent mayor Jacob Frey (right). Go Fateh . . . Full disclosure – I’ve never been to Minneapolis, but I can’t imagine it’s... See More » (1)