Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
"Ex-Fed officials and policymakers also sounded the alarm, warning that this action
could damage the US economy. 'The reported criminal inquiry into Federal Reserve Chair Jay Powell
is an unprecedented attempt to use prosecutorial attacks to undermi…
"As Federal Reserve Chair Jerome Powell pushes back against a criminal probe from the Trump
Justice Department, Amna Nawaz discusses the developments with Janet Yellen.
She served as chair of the Federal Reserve Board from 2014 to 2018 and was Treas…
"Just weeks into the new year, the Trump administration has rolled out a campaign across departments
that draws on images and ideas borrowed from right-wing and white nationalist circles.
Liz Landers reports on what some of these images and posts me…
"On Jan. 7, 2026, U.S. Vice President JD Vance appeared on Fox News to discuss
Immigration and Customs Enforcement agents' deportation actions, among other issues.
Numerous listeners claimed Vance proposed that ICE would go 'door-to-door'
to determi…
"On Jan. 7, 2026, U.S. Vice President JD Vance appeared on Fox News to discuss
Immigration and Customs Enforcement agents' deportation actions, among other issues.
Numerous listeners claimed Vance proposed that ICE would go 'door-to-door'
to determi…
https://www.yahoo.com/news/articles/eye-opening-thread-long-ice-165033826.html
Bold added:
The Atlantic reported in August that training for ICE officers had been cut to just 47 days:
"Academy training was shortened to 47 days, three officials told…
From John Authers' Points of Return newsletter.
"It’s come to this. Sunday night brought news that the Federal Reserve was being served grand jury subpoenas
threatening a criminal indictment, on the basis that Chairman Jerome Powell allegedly misle…
"ICE is reportedly investing $100 million on what it calls 'wartime recruitment' of 10,000 new agents,
in addition to the 20,000 already employed. Its recruitment is targeting gun and military enthusiasts,
people who listen to right-wing radio, who …
Likewise, very happy indeed.
Bonus - Hegseth stripped of all his benefits and given an orange jumpsuit.
After his little stint in the Trump administration ends,
Hegseth may be susceptible to war crimes prosecution at the Hague.
This couldn't happen …
I apologize for the sheer number of recent posts but as you can see it's been a busy week.
A foreign leader (not a nice guy) was extricated extrajudicially,
numerous federal agents were deployed to Minneapolis which resulted in the killing of an inn…
"The Federal Reserve Buildings aren’t historically protected buildings are they?"
Yes, these buildings are protected.
Another historic building was partially demolished recently without a formal review process.
I can only assume the review process …
From Heather Cox Richardson's Letters from an American.
"Yesterday the government made public an executive order President Donald J. Trump signed on Friday,
declaring yet another national emergency—his tenth in this term, by my count—
and saying th…
From Heather Cox Richardson's Letters from an American.
"The story underlying all others is that the United States Congress passed a law
requiring the Department of Justice to release all the Epstein files—
the files from the Federal Bureau of Inve…
From Heather Cox Richardson's Letters from an American.
"Yet another part of the backstory is that on New Year’s Eve, Republicans on the House Judiciary Committee
released a 255-page transcript of former special counsel Jack Smith’s December 17 clo…
From Heather Cox Richardson's Letters from an American.
"That same day, after the Supreme Court had cut off the administration’s ability to federalize
National Guard soldiers and send them to Democratic-led cities,
the administration surged 2,000 f…
From Heather Cox Richardson's Letters from an American.
"Then, on January 6, the fifth anniversary of the attack on the U.S. Capitol by Trump supporters
determined to keep Trump in office despite Democratic presidential candidate Joe Biden’s
majori…
From Heather Cox Richardson's Letters from an American.
"Only a week ago, on January 3, the military captured Venezuelan president Nicolas Maduro and his wife, Cilia Flores. After months of suggesting that he was determined to end what he called 'n…
"If there were any remaining doubt whether advisers within the Trump Administration are actively pushing
to end the independence of the Federal Reserve, there should now be none," Tillis said in a statement.
There should not have been any doubt for…
Kudos to JPOW for calling out the cowards....
In a blistering statement on Sunday, Powell argued he had been threatened with criminal charges
because the Fed had set interest rates “based on our best assessment of what will serve the public,
rather …
"The disequilibrium stems from manufacturers’ reallocation of production capacity
toward high-bandwidth memory for AI data centers.
HBM commands higher margins than conventional DRAM, driving Samsung, SK Hynix, and Micron
to shift capacity away from…
C'mon now, let's be fair!
Is this image of Donald J. Trump manipulated or AI-generated?
He looks about 30 lbs. lighter and the bruising on his right hand is concealed.
"According to an eyewitness, ICE agents yelled contradictory instructions at Good —
one telling her to leave and then, as she complied, another tried to open her door
and told her to get out, while a third shot her in the face."
We already knew tha…
A Barron's article published this week discussed Micron.
https://www.msn.com/en-us/money/economy/for-micron-stock-history-may-no-longer-apply/ar-AA1TS3OT
Vijay Vaitheeswaran, The Economist’s Global Energy and Climate Innovation Editor
talks to Ethan Wu and Mike Bird, co-hosts of The Money Talks podcast,
about why America might never benefit from Venezuela’s vast oil reserves.
"In just the past week, the illegal extraction of a foreign leader without consultation with Congress,
the seizure of Venezuela’s oil and placement of its proceeds into Trump’s own hands,
the threatening of other countries, the open flouting of the …
I haven't experienced any issues connecting to the forum.
The first URL that YBB listed above is used.
A VPN could potentially cause connection problems with certain sites.
There was a hastily arranged meeting with oil industry executives at the White House on January 9.
Exxon Mobil CEO Darren Woods said his company was ready to evaluate a potential return
to Venezuela but the country was currently "uninvestable" and m…
Thanks for posting!
As was mentioned in the OP, Mr. Ellis considered Social Security and the National Institutes of Health
to be two of the greatest American investments.
Our executive and legislative branches of government should imagine potential…
"President Donald Trump has floated the idea of taking the territory for years.
This week he doubled down on that, saying the U.S. 'needs Greenland' for its national security.
As usual, his provocative remarks seem designed to rattle European leader…
Anne Applebaum: Europe is preparing for a USA which turns hostile.
If I was in their situation, I would do the same.
Trump's bellicose actions on the world stage have alienated our allies.
Which has, unfortunately, weakened our overall national sec…
ICE agents arrested three men in Seattle on Wednesday.
It appears the men were first confronted at a Home Depot
and then chased to the Evergreen Washelli Cemetery across the street.
A 911 caller reported seeing three people with guns on the cemetary…
Are these CDs call protected?
Also why are they yielding considerably higher than those brokered CDs,
0.40% higher from Fidelity ?
Hi Sven,
I stumbled across this article and thought it might be of interest to others.
I haven't looked into these C…
H.R.1138 - Prohibit Insider Trading Act
This bill was introduced on 02/21/2023 and sent to the House Administration Committee
and the House Ways and Means Committee.
It did not move past the committee stage.
https://www.congress.gov/bill/118th-con…
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1790, Congress learned about insider trading.
Treasury Secretary Alexander Hamilton proposed buying up distressed bonds
trading at a fraction of their value to consolidate the national d…
From Reuters:
The Supreme Court plans to next issue rulings on January 14
The court has now indicated on its website that it could release decisions in argued cases
when the justices take the bench during a scheduled sitting next Wednesday.
The co…
