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.
@Crash- For some twenty years I did my best to "manage" a small-appliance service business, with a number of employees. You would have to have been in business to understand that for smaller operations it is rarely possible to "absorb" significant a…
More on this- following are excerpts from a current NPR report:
23 state attorneys general sue Trump administration over decision to rescind billions in health funding
A coalition of state attorneys general sued the Trump administration on Tuesday …
"Perhaps I shouldn't be so skeptical and just put my trust in Health Secretary Kennedy?"
Yes, that's a good idea. By the way, you would seem to be a good candidate to trust me to handle all of your financial affairs. Let me know if you're intereste…
@Crash- I'm sorry... I just checked in with "the administration" and find that you are not cleared for that level of information. Something about "persona non grata", I believe.
Thanks, @racqueteer. I try to be reasonably conservative in my posts (despite what FD1000 might think). You are absolutely correct, and I also didn't mention that GE had a number of other manufacturing sites which poisoned significant territory. One…
Everything that @yogibearbull and @Sven mentioned is true. General Electric was a major manufacturer of these large transformers, and poisoned/destroyed a significant area near Schenectady, NY. Approximately between 1947 and 1977, GE released 1,300,…
"And that’s the purpose of Mutual Fund Observer? To debate the great financial issues of the world?"
How about to consider and understand the every-day financial issues of the United States of America, and we, the citizens thereof?
@hank- If one is reporting someone else's original content it's difficult to not use the same wording as the original, don't you think? In looking at my posts in this thread I don't see where I've mentioned "the T word" even once.
"the business cycle was defined by how long it takes to forget lessons learned the hard way"
Not just the business cycle, by any means. The jokers now in charge either have no idea of 19th & 20th century world history, or they are trying to rep…
FD1000 said: "This is a political thread that should be posted in the OFF threads."
“Another wipeout walloped Wall Street Friday,” Stan Choe of the Associated Press wrote today. The S&P 500 had one of its worst days in two years, dropping 2%. …
FD1000 said: "First, this thread is political and should be in OFF forum."
“Another wipeout walloped Wall Street Friday,” Stan Choe of the Associated Press wrote today. The S&P 500 had one of its worst days in two years, dropping 2%. The Dow J…
Yes sir, that scenario is quite plausible. But outfits like Toyota, for instance, might not understand how to play the game. Any way you look at the situation, it ain't too good.
Here's a couple of very short excerpts from David's CNN link above-
President Donald Trump says he pardoned Trevor Milton, the CEO of now-defunct hydrogen and electric truck firm Nikola, in part because he believed Milton was persecuted for supporti…
@Crash- the 2024 campaign...
"Milton and his wife donated more than $1.8m to a Trump re-election campaign fund less than a month before the November election, according to the Federal Election Commission."
3/28- This, thanks to a lead by @Crash. Edited excerpts from a report by CNN:
Florida debates lifting some child labor laws to fill jobs vacated by undocumented immigrants
Florida has been working for years to crack down on employers that hire und…
All of the above may be true, but it seems to me that the legal determination of who exactly- the congress or the president- has the power to decide what to finance and what not to, will (hopefully) be a pivotal check on Trump and future presidents.
Throughout history ruling classes have done whatever it takes to create an underclass equivalent to financial slavery, to perform labor that is ruinous to health and long life. It is no coincidence that the Trump administration is intent upon chokin…
One might almost wonder if there's more to this than meets the eye. Would it be possible that by removing advisory boards it might be easier to cook (even maybe overcook) the government books?
@habsui- I love it... I was thinking along the same lines. But maybe not yesterday- FD probably saw this coming back in 2024 and positioned himself accordingly. No last-minute moves for that guy!
Editing for civility.
Trump Not Amused- the BBC is reporting that- The White House reacted furiously on Wednesday after The Atlantic magazine published messages between national security officials in a Signal group chat in their entirety.
President Donald Trump called t…
