“California made you rich, on paper”. Is this really true, or is the state prosperous because of tech innovation, vast farmland, and good views?Photo above - President Trump and Secretary of War Pete Hegseth, in an undated picture prior to invading Iran. That war is now costing the government $1 billion a day. But interest on the national debt is even more - $3 billion a day. White house... See More » (+1)
The billion dollar a day oil profiteering game. Gas is over $4 a gallon in the USA because we’re exporting millions of barrels of crude?Photo above – in 1979 when the original "Mad Max" was filmed, gas in America was $0.86 per gallon. In inflation adjusted numbers almost exactly the $4.16 we’re paying now. “The world is built on chaos” (Max Rockatansky, the road warrior). For the... See More » (+1)
What costs $1 billion, consumes 2,000 acres of farmland, and forces an entire affordable housing community to close for good in just 90 days?Photo above – guess which version of Disney’s Snow White cost 10X as much to make (2026 dollars) as the other, was panned for its CGI effects, and lost $70 million globally at the box office? Imagine this . . . you’re kicking back in your... See More » (+1)
The birthright supreme court case is irrelevant to our prosperity. If we were serious about improving things economically, there are better ideasPhoto above – December 25th, 1776 - General George Washington muses to himself: “the first thing I’ll do when I get elected is issue an executive order changing the tax code”. (Sarcasm alert) THIS is going to save billions? Some kid born in the... See More » (+1)
Foreign Central banks dump $100 billion in US treasuries. Will this guarantee Fed rate hikes in the immediate future?Photo above – India is suddenly selling US Treasuries to buy needed gas and oil, apparently on the advice of Ganesha, the Hindu god of enterprise. Vishnu, the Hindu god of crisis, has not been heard from so far. If you’re like me, US treasury... See More » (1)
It’s been a month. Can we talk about what went wrong in Iran now? The war is costing $1 billion a day.Photo above – Defense Secretary Pete Hegseth, a former Minnesota National Guard Lieutenant, asked Americans to “take a knee and pray to Jesus for the success in the Middle East . . .. that the wicked souls be delivered to eternal damnation”. Imag... See More » (1)
California residents block millions in investments for new data centers. This might actually be a good thing.Photo above - John Travolta and Samuel L. Jackson react to news that an AI data center is planned for their neighborhood . . . Imagine your chagrin. You hire pricey consultants, spend years navigating California’s notoriously tricky permits,... See More » (+1)
Mayor Mamdani’s first move: free childcare for 40 lucky city employee kids. The actual cost? $10 million in construction and renovation.[i]Photo above - if $549.99 seems pricey for a Lego replica of the new JP Morgan Chase headquarters, then don't ask about the $10 million daycare center for 40 city employee kids . . . Set aside for a moment the question about whether NYC can... See More » (+1)
Is it time to end the US Postal Service monopoly? Or simply increase the price of a 1st class letter 20 cents to help them break even?Photo above - Screenshot from "Miracle on 34th Street". Children's letters to Santa are delivered to the courtroom where he is on trial. Postage was 3 cents in 1947. It's 78 cents today, double the official rate of consumer inflation. The Post... See More » (+1)
Half a million people collect double food stamps. Another 200,000 are dead. Shouldn’t we be doing more to ensure the truly hungry are fed first?Photo above - grilled cheese was the 2nd most popular public school cafeteria lunch where I briefly worked. If you guessed pizza was number one, give yourself a gold star. Not shown - anything resembling broccoli, carrots, peas, green beans, or... See More » (+1)
The most brilliant tax idea in years – I wish I’d thought of this.Photo above - James Bond, Domino Derval, and Emilio Largo enjoy a friendly game of Texas Hold'Em in Thunderball (1965). Losses would be deductible under the current tax code. Did you know the federal law creates in $1.1 billion in gambling... See More » (+1)
California has both the highest gasoline taxes and “most decrepit” roads? How can this be?Photo above - Vin Diesel ponders whether street racing contributes to road deterioration, in the upcoming sequel: "Fast and Furious 14 - Mendocino Pothole" I’m very old school. I cling to the quaint belief that highway tolls and gas taxes should... See More » (+1)
California’s $20 per hour fast food wage. First semester grades are in . . .Photo above - cleaning red snapper, dockside in Florida. This writer once held this job, at below minimum wage. And I have the knife skills to prove it. Before assessing the accuracy of the link below, let’s assess the sources involved. TND (The... See More » (+1)
Analysis says that AI added zero to the economy in 2025. Is this alchemy (turning silicon into gold) or the quest for unobtanium?Photo above - when completed, this $2 billion data center near Columbus Ohio will be the world's largest. Google is contemplating a total of 3 data centers at this site alone. Suppose you invested $2 trillion, and made zero profit. Okay – lots... See More » (+1)
$10 trillion in Treasury Bills will be refinanced this year. $4 trillion in new government and corporate borrowing. Guess what happens then . . .?Photo above - the "Joad" family (not their real name) ponder the loss of their home and retirement savings as they take to the family SUV in search of new opportunities. Investment advisors have been warning us – for more than a year – that... See More » (+1)
Treasury Dept declares USA “insolvent”. But why now? Hasn't this been true for years?Photo above - "Morning Joe" debates Senator Chuck Schumer about the Iran war. Not discussed: the Treasury department's declaration the same week that the US is "insolvent", or what Schumer will do about it when he becomes Majority Leader. Is this... See More » (+1)
Gavin Newsom takes on economists and the media to claim that residents pay more tax in Texas and Florida.Photo above - California Governor Newsom photobombs the Yamaha music booth at Austin's SXSW music festival. During his campaign stop there the governor claimed Texans pay more in taxes than people in California. I would never have predicted this.... See More » (+1)
Massachusetts sees $4.2 billion lost as residents flee tax increases. NY governor Hochul calls her states migrating residents “un-patriotic.”Photo above – Governor Hochul says NY residents have a patriotic duty to remain and pay a 14% income tax rate. She says plan B could be to "go down to Palm Beach and see who you can bring back home, because our tax has been eroded." Come on... See More » (1)
If you found an extra $114 million between the sofa cushions, how would you spend it? A cougar pedestrian bridge over California Highway 101?Photo above - California's $114 million "Annenberg Wildlife Crossing". Don't get faked out by the name - taxpayers are picking up most of the tab. Groundbreaking took place in 2022. First of all, I have nothing against cougars (aka mountain lions,... See More » (+1)
"Is XRP a scam?" The biggest scheme to defraud crypto investors in history?Photo above - Is XRP the new Bitcoin? Is Bitcoin the new gold? What happens if you try to buy stuff with them? Thank you for clarifying this, Gus . . . The link below is to an article written by Robert Breedlove. He describes himself as an... See More » (+1)
GM raises the white flag – it’s next 5 vehicles will be designed and engineered by HyundaiPhoto above - GM is partnering with Hyundai to counter Ford's brilliant "Open, Safe, and Sanitized down by the river" marketing campaign. Is this a “sell-sell sell” signal, Jim Cramer? GM is pivoting to Hyundai for at least 5 of its new vehicles.... See More » (+1)
WTH?? Construction costs for apartments in the US are over $200/SF, nearly TWICE that of the average single family home?Photo above - can you think of any reason modest housing like this should cost nearly twice as much to build (per square foot) than traditional single-family homes? How can it possibly cost MORE per square foot to build a low-rise apartment in... See More » (+1)
Is Vegas worse than LA for bogus hotel fees?Photo above - These "Fallout" visitors to Vegas will manage to avoid hotel parking fees, but that dog and the 3rd person in the room are going to cost plenty. Hey guys, pick up the pace and avoid the late check-in fee, too. World Cup fan alert:... See More » (+1)
Will Starbucks Baristas nationwide quit en masse, and head to NYC?Photo above – Hollywood’s take on what working at a NYC coffee shop is like. Pop quiz – what’s the starting wage for a Starbucks barista? $15. It that higher or lower than you guessed? In any case, the union trying to organize those 380,000 apron... See More » (+1)
Banks are stopping client withdrawals. Wait . . . can they do that? Is it 2008 all over again?Photo above - remember this? Ask your mom or dad about it, if you were still a kid 20 years ago. The places where you and I keep our money are NOT a private investment banks. We have presumably safe checking and savings deposits at places like... See More » (+1)