Independent thinking for complex markets and current events
JPMorgan Chase CEO Jamie Dimon called President Donald Trump’s proposed 10% cap on credit card interest rates an “economic disaster.” He suggested the U.S. government should test the cap in two states: Vermont and Massachusetts. Vermont and Massachusetts are the home states of Sens. Bernie Sanders and Elizabeth Warren, both of whom have advocated for …
https://twitter.com/CNBC/status/1895844602927546484 CNBC: Social Security has never missed a payment. DOGE actions threaten ‘interruption of benefits,’ ex-agency head says Social Security has never missed a benefit payment since the program first began sending individuals monthly benefits more than eight decades ago. But the recent actions at the U.S. Social Security Administration by Elon Musk’s so-called Department …
I’ve said this many times over the past few days. Trump has said he’s not involved in Project 2025. Why do Democrats keep repeating this lie? It’s because: 1. They have nothing legitimate to campaign on so they campaign on a lie. 2. They have low information followers who… — Think for Yourself (@PhilipBLee) August …
Jared Golden represents Maine’s Second Congressional District in the U.S. House of Representatives. After the first presidential debate, lots of Democrats are panicking about whether President Joe Biden should step down as the party’s nominee. Biden’s poor performance in the debate was not a surprise. It also didn’t rattle me as it has others, because the outcome of …
“Fearmongering” is when the truth doesn’t fit their narrative byu/alwayscheeseburger inwalkaway
Is another pandemic right around the corner? It would certainly seem that way, if recent media reports are to believed. Or elderly billionaire Warren Buffett, who recently argued that one of any number of potential cataclysms might be upon us any day now. So it might be smart to stock up on facemasks and sleeveless …