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washparkhorn

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Everything posted by washparkhorn

  1. Core inflation does not include food and energy. Full CPI numbers (headline numbers) do include food and energy. Baby financial reporters screw this up all the time, so you are not alone.
  2. Merry Christmas and Happy Holidays from Denver. No snow this Christmas.
  3. For those who think capitalism is a religion, the failure to pass this Bill should piss you off. Lost efficiency gains and lost profit for the private sector. The Lazy Boy capitalists of the Republican Party got fat and happy off their PPP Welfare checks from Chairman Trump. They are all in favor of plunging kids into poverty too. Don’t forget Sinema - and the more for me conservative Democrats in the House. So much money spent to keep people in poverty. Using anti-market tropes and utter hypocrisy as tools. What a world. Christmas sure isn’t what it used to be.
  4. How many children just plunged back into poverty (or deeper into poverty)? Ten million American children. Depraved.
  5. 60 billion loss in three quarters is not an insignificant loss to our economy - especially with the problems confronting the US domestically and in foreign policy with a more aggressive China and Russia. Manchin doesn’t give a damn about economics. He is doing the work his benefactors pay him to do.
  6. 60 billion dollar hit to the US economy over the next three quarters according to Goldman Sachs due to Manchin’s games. https://www.msn.com/en-in/money/news/joe-manchin-is-costing-the-us-economy-dollar60-billion-by-tanking-build-back-better-goldman-sachs-says/amp/ar-AAS0206 Economists are already forecasting what a BBB-free economy will look like, and early projections are gloomy. Goldman Sachs economists led by Jan Hatzius now expect US GDP to grow 2% in the first quarter, 3% in the second quarter, and 2.75% in the third quarter, according to estimates published Monday. Those projections are down from 3%, 3.5%, and 3%, respectively. If the revisions ring true, the difference in growth should add up to roughly $60 billion in economic losses over the next three quarters. Insider calculated the sum by taking the US's annualized GDP growth rate and calculating the differences in Goldman's prior and updated expansion forecasts.
  7. It’s a smoking gun in Trump’s wee hands. His delay either shows intent to carry through with John Eastman’s Constitutional tools for retaining power after losing an election. Or it shows he has such a depraved heart that he was indifferent or amused by the suffering he could stop but didn’t wanna. A child’s temperament with zero remorse.
  8. The noose is tightening. Meadows’ texts indicate Trump calling the shots that day.
  9. Beards may be necessary (or the divorce rate might spike)
  10. First thing we need to do is round up the architects and make them squeal.
  11. And the best wanna song is . . . Pulp - Wanna live like Common People
  12. Environmental arbitrage and greenwashing (if true, and I have no reason to doubt what you are saying). California's energy is diverse (providing relative stability) - but environmental arbitrage is bullshit.
  13. Porter is a fantastic Representative. She understands and performs the job well. We need more Katie Porters in government. She understands numbers - which makes her dangerous to those making money off of creating corporate subsidies (i.e., welfare for corporations). And she knows who the idiots are . . .
  14. https://www.fox7austin.com/news/lawyer-for-sgt-daniel-perry-reacts-to-kyle-rittenhouse-verdict Sgt Perry's case is still in the pre-trial phase. His lawyer says the Rittenhouse trial is an example of why it's important for a jury to view all the evidence from both sides. Psychopaths want to play Purge games.
  15. To be fair, the Fed did not give away money to humans. The only way for humans to cash in on the Fed "free money" was to "Follow the Fed" - which the surly collective embraced enthusiastically. The Fed is still pumping free money to non-humans - but rather than $120 billion a month in free money, it will be $105 billion, then $90 billion a month, . . .. - some say the tapering has already priced into the market. If the taper has not been priced in - good luck to us all.
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