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washparkhorn

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Everything posted by washparkhorn

  1. This near-billionaire thinks labor is getting too uppity and needs more beatings.
  2. Core CPI up 0.3% M/M. Headline came in as expected at 0.6%. USD remains King, but giving some ground to the Yen for those reading the tea leaves as suggesting there will be a defense of the Yen against the USD. Germany looking at GDP contraction. China remains dour. Oil threatening stagnation in non-US economies. Labor is being set up as patsies in any downturn.
  3. So called “Commie” dems like Pelosi are Reagan Repugs in real life:
  4. Good legal advice for Chesboro from criminal defense attorneys at Big Law Jenner and Block. https://www.justsecurity.org/88068/a-letter-to-kenneth-chesebro-on-pleading-guilty/ As an appellate lawyer, you have probably not spent much time, or any time at all, inside a prison. But as seasoned defense counsel and former prosecutors, we have. Believe us when we tell you that prison is not where you want to spend any amount of time, much less a minimum of five years or the rest of your life. . . .
  5. Sowell describing economic-Trumpism in a nutshell. Bravo
  6. https://markets.businessinsider.com/news/commodities/oil-price-outlook-exxon-mobil-ceo-investment-green-energy-transition-2022-6
  7. Plutocracy fetish? Adam Smith: “The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least to neglect, persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.”
  8. An increase in the price of oil causes demand destruction and, paradoxically, is disinflationary overall. ———— Lag effects of rate hikes working their way through economy.
  9. At Home Depot, you can do it and we can help
  10. A consensus is forming on the source of inflation:
  11. Elon is a simp for timeshare salesmen mania
  12. David Brooks prefers a nation where the mee-maws don’t have to explain their actions in high school.
  13. Can’t wait for Stone to take the stand. His reptilian brain cannot be suppressed https://x.com/donlew87/status/1691967432624054572?s=46&t=ANoxd3lGfFsuyjNJKs9Vlg
  14. Loved it. As with most Nolan movies, the lack of chronological fidelity is a feature, not a bug. The Red hysteria of the moment was well depicted—as highlighted by Emily Blunt’s evisceration of the prosecutor. Florence Pugh earned consideration for a supporting actor nomination. The sound illustrated fission—explosive and bonds—masterfully. It is not a film for the average Marvel brain. Kubrick would have enjoyed it.
  15. Trimmed mean PCE inflation at 4.24% annualized for June from the Dallas Fed. Trimmed = removing the most extreme increases and decreases—similar to removing outliers as inflation rolls through different sectors. The delayed effect of interest rate increases are beginning to rattle through the economy. The tricky part is determining when to pause or lower rates. Hold the rate too high for too long and the economy stalls.
  16. The pro-democracy Israelis, which include a large swath of those in the military, deserve support. The worst of Israel (the far right) support the de-democratization of Israel. If it leads to civil war, I am not sure the military will side with Netanyahu. The global surge towards right wing authoritarianism continues as the domino effect takes hold.
  17. The dumbass didn’t even bother to check Wikipedia for accuracy. Most names were not slaves.
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