California government spending rises at 4-times the inflation ratePhoto above - Hat trick! Artist's fanciful conception of California's 250 mph high speed train rushing out of a huge underground tunnel, while bladeless wind turbines power it from the hillside above. Departure has been delayed indefinitely,... See More » (1)
New York City finds a way to add 1,100 new affordable apartments almost instantlyPhoto above - at the peak of the crisis, NYC converted 14 hotels to temporarily house homeless and jobless migrants. Okay, let’s admit right at the start that 1,100 apartments is NOT going to solve New York City’s homeless problem. There are... See More » (1)
Ford loses $10 billion on EVs, and pivots to announce a new $30,000 electric pickup. Is this real, or some PR stunt for investor relations?Photo above - sorry, this is NOT the new $30,000 electric pickup announced by Ford yesterday. It's the 2025 Ford F150 Lightning Platinum, at $101,590. If you want the blackout trim, it costs more. Remember when the bulletproof $30,000 Tesla... See More » (1)
Future proof your career – take Chipotle 101, not coding or accounting?Photo above - to save itself from ruin in 2016, Chipotle produced a film called "Chipotle - a Love Story". And a spinoff video game. No word if Pixar Studios, creator of "Toy Story", sued for damages. Raise your hand if your high school guidance... See More » (1)
A new 30% tariff on gold, and encouraging people to dump their 401K accounts into cryptocurrency. America’s economic madness . . .Photo above - some people have compared the on-again, off-again tariffs to TV game shows like "Wheel of Fortune". Raise your hand if you want to pay huge taxes on gold and put all of your retirement money into crypto. Raise your hand if you think... See More » (1)
Economists issue warning as AI spending grows larger than consumer shopping. Is an epic speculative bubble forming?Photo above - the Borealis Data Center, north the arctic circle. Locations like this are becoming popular with AI companies, because they won't have huge electric bills to cool the servers. Many days they can just leave the back door open. What... See More » (1)
Don’t get excited. Trump’s new tariff on India will only raise $40 billion.Photo above - President Joe Biden appears perplexed in June 2023, as India's Prime Minister Modi promises to become America's best friend forever. Shortly afterwards, Modi began buying Russian oil, to help Putin fund his invasion of Ukraine. I’m a... See More » (1)
Stop squawking and count your blessings, buddy. Your home’s assessed value went up 400% , but your tax bill only went up 10% this year.Photo above - this oil refinery in Delaware saw its property taxes decline this year, while ordinary homeowners face reassessments as high as 400% Property taxes are a notoriously controversial issue with voters. Politicians have an almost... See More » (1)
Residents worry after city files for $25 million bankruptcy . . .Photo above - A google search for "Cle Elum, Washington State" returned this picture. But in fact, it's a screen shot from "Winter's Bone", Jennifer Lawrence's first film. You should watch it. Should a 4 square mile hamlet of,000 people even HAVE... See More » (1)
California uses AI to find 80,000 fraud community college students. But they cost the state $90 million already last year.Photo above - screen shot from the 2006 film "Accepted". The plot involves a fake college scam, but this year AI flipped the script and began creating fake students. I did not see this coming. How do you steal $90 million in college aid by... See More » (1)
It’s “liberation day” . . . again? But does anybody really know which nations are subject to which tariff rates? Import policy by tweets . . .Photo above - this image was served up by Google when I entered the search term "Best things to do in Lesotho". Lesotho is subject to the highest Trump tariff levels, at 50%. August 1, 2025. A day that will live in . . . obscurity? It’s... See More » (1)
Washington Post outraged – DOGE laid off government workers are getting paid $15 billion annually while placed in deferred retirement.Photo above - Screen shot from the film Office Space. The "two Bobs" want to know what you do at work all day. 150,000 federal employees already took early retirement this year when they were ambushed by this question. Poll for private sector... See More » (1)
California to taxpayers: forget about that $260 million per mile train. Now we want to build a $2 billion tunnel for cars.Photo above - the IMDB movie database has at least a dozen films with the word "tunnel" in the title. None have a happy ending . . . First of all, I’m a big fan of tunnels. There are 2 of them under Baltimore Harbor, where I used to live. The... See More » (1)
Land use economics: would you rather live next door to a wind farm, a nuclear power plant, or a mobile home park? And will we even have a choice?Photo above – the Park City Wind Farm, now under construction off the coast of Massachusetts. 260 square miles have been leased from the US government for this project. America’s largest existing wind farm (by land use) is in Roscoe Texas. It... See More » (1)
Here’s why you can’t afford a house: Government debt is twice as high as all the mortgages in America - combined.Photo above - incumbent politician Dwayne Comacho runs for reelection in the film "Idiocracy". Spoiler alert . . . he won. A recent imaginary conversation: “Hey, Mr (or Mz) banker, I’d like to borrow $400,000 for a home mortgage”. Banker “Sorry,... See More » (1)
Mayor? It’s the governor on line 2. Our city is being sued for blocking affordable housing . . .Photo above - if you had this much money, you could definitely buy a home in Salt Lake City, Utah. When unaffordable housing come up, Utah is not the first state which comes to mind. It’s a fly-over state. Full of devout Mormons and beekeepers. B... See More » (1)
John Fetterman says stores still need to accept cash. Despite what government agencies and ginormous banks might want . . .Photo above - I want to pay cash. Will that be a problem? It's the best I can do. I don't have a Visa card . . . Are you “unbanked”? The term refers to anyone who doesn’t have either a credit or debit card. Probably because they bounced some check... See More » (1)
$100 billion over budget. 13 years late.Photo above - Thomas the Tank Engine reacts after hearing his tracks could cost $260 million per mile . . . Roll the clock back to 2008. California voters excitedly sign up for a $30 billion high speed rail line to link San Francisco and Los... See More » (1)
Jobs apocalypse! US Corn Refiners Association announces jihad against imported cane sugar.Photo above - Patriotic, God-fearing corn farmers in the film "Signs" try to ward off alien damage to their crop. Sometimes there are no heroes. Just villains. Or at least self-serving corporations and politicians. But isn’t that essentially the s... See More » (1)
A new enemy of affordable housing raises its hand: kayakers and skiers Thread starteras seen on tv Start date2 minutes ago TagsNonePhoto above - in the 1972 film "Deliverance", wealthy Atlanta business executive/vacationing kayaker Jon Voight attempts to explain his opposition to affordable housing to local yokels. Time was, if you wanted to build affordable housing in... See More » (1)
Crypto holdings hit $4 Trillion. That’s more than all the gold in Fort Knox and personal bank vaults combined. Waaaay more. Thank you, GENIUS act . .Photo above - Late night cable TV crypto ads soon to become legal. George Foreman could have been a spokesperson. (RIP - March 21, 2025) If you already own crypto, congrats. When President Trump signed the “GENIUS” Act yesterday (see link blow),... See More » (1)
How a small town with just 11,000 taxpayers found itself $53 million in debt.Photo above - Welcome to Edmonds-landia! No wait, that's a screen shot from the TV show "Portlandia". Well, there are probably some similarities. Welcome to Edmonds, Washington. A bucolic town 30 minutes outside Seattle, very much like the kind... See More » (1)
Quick way to double your energy costs: Get 2/3rds of your electricity from renewables.Photo above - America's original solution to fossil fuel electricity generation. The national average for electricity is 17 cents per kWh. In California, it’s 37 cents. More than double. (see link at bottom). If you’re paying less than 17 cents,... See More » (1)