Should we end student loans? Does your answer change if we kill federal corporate loans, bank bailouts, wall street bailouts, farm subsidies, etc.?Photo above - congress created bank bailouts and wall street bailouts in response to the 1929 market crash. now we have $40 trillion in national debt. I was going to start this column with a recap of all the worthless college majors, and the... See More » (+1)
"Chuck it in the fire". What are the economic consequences if America dishonors the national debt, like France is planning?Photo above - a 100 quintillion banknote (a 1 with 20 zeroes after it), issued by the government of Hungary in 1946, after socialists and communists seized power. Your personal share of the $40 trillion US national debt is $100,000. Make that... See More » (+1)
US beef producers: “Lowering prices for Americans shouldn’t come at the cost of U.S. ranchers.”Photo above - official motto of the US beef industry . . . America is at a historic crossroads. Pick one: do we want affordable groceries, or higher profits for the nation’s cattle producers? (see link below). Oh, my goodness . . . how to... See More » (+1)
Guns or butter? This is an economic debate America hasn’t held since the Vietnam war.Photo above – supplies of Patriot Missiles are critically low. It takes 2 years from order to delivery to get new ones. It might take a month or so for Iran to build one of its armed drones, at 5% of the patriot cost. Guess what happens next . . .... See More » (+1)
75,000 students are gone (2025-2026). Guess what happens next to school districts which were counting on that $10,000 annual tax revenue each?Photo above - this is the iconic 'leave it to beaver tv show" (set in California). Class is being taught by Miss Landers. Not a recently closed California public school The link below (to MSN) appears to be AI plagiarism of stories originally... See More » (+1)
New York Times predicts America is headed for “strategic defeat” in Iran. What does that mean for us economically?Photo above: "I will carry out great vengeance on them and punish them in my wrath. Then they will know that I am the LORD, when I take vengeance on them.’” U.S. Appears Headed for a Strategic Defeat in Iran Is defeat better or worse when you... See More » (+1)
Will boomers finally get their comeuppance? Or is this just more wishful thinking from Gen Z?Photo above - this . . . is . . . NOT . . . Sparta. In related news, investors may be having second thoughts about their asset allocations. The sky is falling! Maybe, but stock indexes aren't. I’ve posted several columns over the past month... See More » (+1)
Amazon’s latest problem? Almost everyone has Prime already . . .Photo above - the "Kooz" 72 volt/8000 watt motocross bike which Amazon is pushing at me for Prime day. $2,699. Free delivery by June 23rd. Yes, "Kooz" is the actual brand name. Some assembly required, i betcha. And the ability to lift 120 pounds.... See More » (+1)
Apple sez iPhone price hikes are inevitable. Due to AI data centers using up all the memory chips on earth. Apple also built 22 data centers recently.Photo above - NOT a screen-shot from "Yellowstone". A Mongolian woman astride her Bactrian camel, contemplating whether the 8 ounces of fresh water AI requires to compose an email is a good tradeoff. This morning I was going to lead with the tech... See More » (+1)
Artificial Intelligence evangelist promises free money and a shorter workweek. Should we get on board now?Photo above - Okay, TED talker! Free lunch for everyone? From my recent phone call with Sam Altman (billionaire CEO of Open AI.) who despite being a college dropout with no credentials in economics or Finance, has done surprisingly well for... See More » (+1)
Your share of the Iran war cost is $3,350. Do you want to take care of that now, or add it to the national debt and pay revolving interest on it?Photo above -President Trump and Elon Musk attend the UFC fight on the White House lawn on the very day victory in Iran was declared. What could they be cooking up next? Despite Trump's claim that the $300 Billion settlement with Iran is fake... See More » (+1)
Quiz – what transit system cost $900 million per mile, and 46 years to complete? Spoiler alert – it’s NOT the LA to Vegas gambler’s bullet train . .Photo above - you can ride the Madrid subway for $1.65. In part because it cost only 10% of what a similar subway in California took to build. Hey - maybe Spain should host the next World Cup, since they're not constantly trying to rip everyone... See More » (+1)
Let’s keep this in perspective –the NYC riots after the Knicks clinched the NBA title probably cost less than $5 million.Photo above - Smells like Team Spirit ! Clean cut Brazil world cup fans refuse to riot after their tie to lowly Morocco on Saturday. Inset - NYC Mayor Mamdani - apparently wearing Morocco soccer fan gear - attends the match with Governor Hochul.... See More » (1)
Yesterday's SpaceX IPO made Musk an instant trillionaire. But is this IPO actually a giant Ponzi scheme like some analysts claim?Photo above - Happy trails to you. If you live someplace without nighttime light pollution, you can see Musk's Starlink internet satellites overhead. But if you're one of the billions of conventional internet users - and not the 1% who subscribe to... See More » (+1)
Americans owe $1.5 trillion on credit cards. Doubled in the past 5 years. Untold billions are at least 3 months past due. Is it 2008 all over again?Photo above - Super Mario says the future's so bright, we're all gonna need sunglasses. And upgraded gaming consoles, available from Amazon with next day delivery . . . When we talk about America’s credit card addiction, and the looming crisis... See More » (1)
Are boomers “strangling the American economy”? Or this just a rant that some retirees haven’t died quickly enough?Photo above - "Breakfast at Sunset Manor nursing home". This is evidently how Fortune Magazine sees boomers. Stop hoarding all that wealth and power, mom! Fortune Magazine sez: “Boomers are terrified of outliving their money.” (link below). Well,... See More » (+1)
House of representatives votes to end Iran war funding. Trump ignores them, and uses “wartime powers act” to gift $700 million to the coal industry.Photo above - "This means war !!" White House uses wartime powers act to give $700 million to the US coal industry . . . This is what 250 years of byzantine legislation has brought us to. Congress votes to stop the Iran war, and Trump ignores... See More » (+1)
The $1.7 trillion dilemma - we don’t want any of the following in our community: nuclear, solar or wind farms, fossil fuel plants, data centers . . .Photo above - Not in my backyard. We have zoning laws against power plants here . . . $1.7 trillion is the estimated value of all the power plants which generate our electricity. Every American wants more kilowatt hours, and more internet... See More » (+1)
Wall Street Panics. Stocks have worst single day crash in 4 years. Analysts blame the “excellent May jobs report” . . . ?Photo above – Wisconsin's “Fireball” roller coaster riders are rescued a week ago, after they were left hanging upside down for hours. NASDAQ is off 4%. S&P index nearly 3%. The market is still way up compared April, but still . . . down 4% in a... See More » (+1)
1,500 to 1 . . . ! AI bots turn out to be a major reason why web and data center traffic are out of control.Photo above – a Google search for “Epstein Trump News Today” generated 93,000 links. Would a news bot try to visit them all? I recently shopped for an Apple tablet. A birthday gift for someone. I visited Amazon, Best Buy, and some other site.... See More » (+1)
“All your stock shares are belong to us . . . “ Bernie Sanders plans to have the US government seize control of AI companies worth $1.XTPhoto above – future US senator Bernie Sanders, protesting racial segregation at 23. I prefer to remember him as the 1963 version, not the Octogenarian socialist who wants to nationalize our tech companies today. Wow . . . have the government... See More » (+1)
The $1.5 trillion problem with AI – most companies’ data is so disorganized and unreliable that AI can’t deal with it.Photo above - the ground-breaking IBM 5100 personal computer from the late 20th century. For $19,975 you got 64 KB of ram (kilobytes, not megabytes or gigabytes) Evidently 21st century AI systems are having difficulty digesting corporate data from... See More » (+1)
Let’s help Trump decide how to use his cancelled $1.8 billion weaponization fund, since that turns out to be illegal . . .Photo above – records indicate America spent $300,000 on mall fireworks for the 1976 bicentennial celebration. The 2026 fireworks display is reportedly budgeted at $150 million - 500X more. (Disclaimer - yeah I know this picture is of the Statue... See More » (+1)
Portland's new mayor ran on a promise to end homelessness. Missed that goal, but he’s raised taxes and fees $1 billion annually on city residents.Photo above - Portland Oregon's homeless population soared 500% during the past decade. It is possible that substance abuse is the real problem, and not wages and affordable housing options? Portland Mayor Keith Wilson – a millionaire CEO – isn’t... See More » (+1)
Your name used to be worth 10 cents. Now its value is $1MM because of AI?????Photo above - Neo, demonstrating his spam prevention powers when AI marketing is perfected I was shocked – shocked I tell you – when I was told in younger days that my address was worth 10 cents to advertisers. Now it's 2026 and I get alarmist upd... See More » (+1)