Universal basic income doesn’t work? Who would have guessed THIS?Photo above - found on the 'net; disclaimer: Dave Chappelle is not a crackhead, and apparently has no position on UBI. Darn those University professors. They can’t even get the simplest things right. They were hired to prove that Universal Basic I... See More » (1)
Can this possibly be true? Ford loses $50,000 on each EV they sell?[i]Photo Above - London traffic jam. Could EVs help? Years ago I was a critic of tax rebates for rich guys buying $100,000 Tesla sports cars. Rich guys don’t need my tax dollars to indulge themselves. I need lower taxes. Now things might actually... See More » (1)
Oh snap . . . Now AI is being used to scam us with higher prices. It’s become an ENGINE OF INFLATION.Photo above - Word of the day: "Surveillance Pricing." It could be how America's gazillionaires can afford mega-yachts. Surveillance Pricing. I’d never even heard the term until I ran into the article last night (link below). The Federal Trade... See More » (1)
Good news everybody (in Florida). Your house just dropped in value 20%Photo above - this is what happened the LAST time Florida property values dropped 20%, during the 2008 housing crisis. Good news everybody (in Florida). Your house just dropped in value 20%. Texas too. It wasn’t supposed to be like this. People f... See More » (1)
The Pentagon lost $850 Billion last year. Can either presidential candidate fix that?Photo above - recently declassified photo of "Chabelley", one of two secret US military bases in Djibouti. Djibouti has a population of less than 1 million people. Your senator wants you to know: none of the military bases in your state will be... See More » (1)
Used cars are about to get a whole lot cheaper. Could that be bad news . . . ?Photo above - blink and you'll miss it. Car repos are up 23% this year. Who DOESN’T want lower car prices? Especially the people buried under $1,000 a month loan or lease payments. For 2022 (the last official data) 15% of car buyers were paying... See More » (1)
“Greatest bubble in human history close to bursting” claims attention seeking mutual fund manager.[i]Chart above - 60 years of stock market performance. Will it all end in tears? Well, maybe the stock market will go down. It always does, at some point. I’ve been a skeptic since 2016, when Trump was elected. So I’ve been wrong for 8 years now,... See More » (1)
Ford axes EV assembly line. Will produce gas powered pickup trucks instead.Photo Above - Back by popular demand. F150 gasoline models are replacing electric vehicles on at least one Ford assembly line. I bet President Biden is sure pi$$ed now. He photobombed a UAW picket line not too long ago, to help the union score... See More » (1)
Both presidential campaigns are in a frenzy – there’s NOT ENOUGH INFLATION!!Photo above – Wake up and smell the coffee! Former Hollywood A-lister George Clooney, recent pitchman for Nespresso ™, is urging Biden to drop out of the race. Or else he'll stop his campaign contributions. The next time some candidate tells you... See More » (1)
Wait . . . what? Now the International Monetary Fund controls our interest rates, not the Fed???Photo above - interior shot of the lavish IMF headquarters. They warn that interest rates need to stay high because of inflation in haircuts and hotels. This is really true. This couldn’t come at a worse time. The IMF says watch out, rates are... See More » (1)
“A sad day for our country”. Fed Chair Jerome Powell uses Trump assassination attempt to launch renewed promises for rate cuts.Photo above - AI rendered art using the prompt "will high mortgage rates cause more home construction?" Wow – could there be any MORE obvious cause and effect link? Within hours of the failed attempt on Trump’s life, Fed Chairman Jerome Powell con... See More » (1)
Who didn’t see THIS coming? California janitors now want $30 an hour.Photo above - man whacks a prototype robot with a lead pipe. The robot does NOT turn and kill him. Instead, the robot announces its intent to replace $30/hour human janitors. Earlier this year Governor Newsom signed into a law a $20 minimum wage... See More » (1)
Are Federal agents are botching the assassination investigation? Will this fuel conspiracy theories for years to come . . .?Photo above - will the real Thomas Matthew Crooks please stand up . . . ? My condolences to the relatives of the bystander who was shot, and the 2 additional injured attendees in Butler Pennsylvania. That said, there are a LOT of errors being made... See More » (1)
Good news everybody! Even though California can’t solve its $50 billion budget deficit, they found enough money to launch a new hydrogen ferryboat.Photo above - George Jetson, your hydrogen powered ferryboat has arrived. The government is bragging about the Sea Change, "the world's first hydrogen powered ship". Except it's not. That would be the Energy Observer, which just completed a 7 year... See More » (1)
$1.7 Billion in ‘lectric bus subsidies just announced for swing states. 116 days until they vote !!88/75/75/SusanInFlorida-04z6MQU67hctUmR.jpg] [i]Photo above - the fantasy (EV buses); the reality - current bus service. Do you live a swing state named Michigan, Pennsylvania, or Georgia? Good news! The White House just announced billions to... See More » (1)
Federal Trade Commission says we were overcharged billions for insulin, and is suing. First you cheer, then you go “OMG, is this the same as . . .”Photo above - Drug manufacturers are sticking it to us with overpriced insulin, due to rebates. Is this happening with other stuff, too? Rebates. Who doesn’t love rebates? Well, the FTC. They’re suing big drug companies - and the insurers – for... See More » (1)
How to save $200 million instantly. Cut off foreign aid to India, which just swore allegiance to Putin.You’ve seen the picture above all over the internet this week. India’s prime minister Modi (persecutor of minorities, human rights violator, and the guy who imposed martial law on his country last month). He’s giving Vladimir Putin a “bear hug”,... See More » (1)
Wait – what? Medicare pays $50 billion a year for patients who received no care?Suppose someone told you that you had diabetes? Or HIV. How about cataracts – AFTER you’d already had cataract surgery by a top ranked surgeon? Now suppose I tell you these diagnoses were NOT made by legitimate doctors, but by visiting health... See More » (1)
Scammers are stealing millennials' inheritances. Billions lost?Photo above - Is this your mother? Mary Livingston was scammed out of $450,000 when Wells Fargo allowed her to transfer the money to a flagged overseas scam artist. They said it's the customer's obligation to know . . . . This morning I was going... See More » (1)
What should we do when reporters dispense trash advice? The headline screams “I’m an economist! Recessions are worse than inflation"Photo above - this was the first image that popped up when I googled "inflation meme". The headline in the link below screams “I’m an economist! A recession is worse than inflation . . .” My BS meter pinned to max instantly. And sure enough, the w... See More » (1)
“Sorry, you now get 40% less water. Deal with it . . . "Photo above - Oprah's 70-acre California mansion and estate. Want to guess how many millions of gallons of water it takes each month to keep this place looking like the Versailles Palace? Google doesn't know . . . We can’t take water for granted a... See More » (1)
Ford CEO say Americans need to break their “addiction” to trucks and SUVs. Ford recently stopped making cars, and now ONLY makes trucks and SUVsPhoto above - electrified Ford 150 lightning, in search of a charging station? (full disclosure – this writer currently drives a Kia, and has never owned an F150) When the CEO of America’s largest truck maker says stop buying trucks, is that... See More » (1)
Wait . . . what? California hired new 360,000 government workers since 2022?Photo above - example of absurd regulations which were drafted, debated, passed, and signed into law. Now the state needs to staff up to enforce compliance. File this under “unsustainable economic practices”. For every private sector job which fle... See More » (1)
California bans restaurant service fees. Then immediately reinstates them.[i]Photo above - California governor Gavin Newsom signed a bill prohibiting hidden consumer fees. It takes effect today. Then immediately signed another bill, specifically exempting restaurants. And they say Biden and Trump are "cognitively... See More » (1)
Forget learning how to balance a checkbook . . . you’re going to memorize those effing 10 commandments, or else!Photo above - congress debating why America has a $34 trillion national debt. "Thou shalt not steal. Thou shalt not lie" Memorize the 10 commandments! Sez who? Or what? Apparently, your diploma might be at risk. Louisiana’s Christian Governor... See More » (1)