Independent thinking for complex markets and current events
Charlie Munger – The Architect of Berkshire Hathaway Charlie Munger died on November 28, just 33 days before his 100th birthday. Though born and raised in Omaha, he spent 80% of his life domiciled elsewhere. Consequently, it was not until 1959 when he was 35 that I first met him. In 1962, he decided that …
Even for an Executive Used to Crises, Andrew Witty Is Being Tested at UnitedHealth Andrew Witty seeks to calm employees and keep the company growing while facing public outrage over health-insurer practices Since the assassination of his top lieutenant Brian Thompson on Dec. 4, Andrew Witty has been keeping long, difficult hours at the Minnesota …
– $10 billion on maintaining, leasing, and furnishing mostly empty buildings – $12 Million on a Las Vegas Pickleball Complex – $3 Million for ‘Girl-Centered Climate Action’ in Brazil – $10,851,439 on Orwellian cat experiments – $4,840,082 on Ukrainian influencers – $20 million on “Ahlan Simsim” a new Sesame Street show in Iraq – $365,000 …
To be honest, the way the Biden Administration combated AntiSemitism was just how Democrats would define successful. https://twitter.com/rkgs11/status/1868859639313711487 h/t jeffsters
CHRISTIAN TOTO: NY Times Declares The Woke Movies Era Is Dead. The New York Times uncorked a withering attack on woke Hollywood movies. The piece flexes its progressive bona fides, but large swathes of the article could have been written by The Critical Drinker or Film Threat’s Chris Gore. The headline and subhead are stunning and brave in their bluntness. Is …
IG finds Justice Department spied on Patel and other congressional staffer without telling courts This is just documented proof that higher up people in the Biden Administration need to be convicted of crimes. Inspector General Michael Horowitz found that the Justice Department, in filings with the court, did not reference “the fact that they related to …
Correct @joerogan…the Conspiracy Theorists were right… “The House released a 500 page report on the ‘Pandemic’. They basically said all of the conspiracy theorists were correct. Every single one of them. No repercussions…no apologies. None of it…” pic.twitter.com/bcOo9ERNyp — Liz Churchill (@liz_churchill10) December 5, 2024 Summary: https://oversight.house.gov/release/final-report-covid-select-concludes-2-year-investigation-issues-500-page-final-report-on-lessons-learned-and-the-path-forward/ Actual document: https://oversight.house.gov/wp-content/uploads/2024/12/2024.12.04-SSCP-FINAL-REPORT-ANS.pdf h/t Educational_Ice_6077
The US government secretly controls roughly one-half of the funding for the world’s largest investigative journalism network, the Organized Crime and Corruption Reporting Project (OCCRP), a joint investigation by Mediapart, Drop Site News, Il Fatto Quotidiano, and others has revealed. The probe also found that the US exerts veto power over OCCRP’s leadership and editorial direction. …
Outgoing National Security Adviser Jake Sullivan denied reports that the Biden administration is considering returning nuclear weapons to Ukraine, after the country relinquished its stockpile three decades ago after the fall of the Soviet Union. Last month, the New York Times reported that several anonymous officials floated the idea of Ukraine becoming a nuclear power …
The federal government has spent over $2 billion dollars over the last three years infusing and embedding diversity, equity and inclusion concepts into scientific research – tainting the efforts with ideology and diminishing discoveries — according to the recently published findings of a report commissioned by a Senate subcommittee. The National Science Foundation has awarded …
The DOJ has decided it will ask a federal judge to force Google to sell off its Chrome web browser as a result of the government’s successful antitrust case against the internet giant’s monopolistic actions in its search business according to a new report by Bloomberg. Bloomberg reports that top antitrust officials at the U.S. …
81% of voters want to shrink the federal government 🤯 Considering 15% of voters *work* for government, that means roughly everybody else wants it to shrink. https://t.co/fsfieL5m9J pic.twitter.com/eQjeSxJips — Peter St Onge, Ph.D. (@profstonge) November 15, 2024 The U.S. National Institutes of Health spent $442,340 to study the behavior of male prostitutes in Vietnam. That …
It’s my favorite time of the year… Sen. Rand Paul’s annual “Festivus Report” is out – with a whopping $482 billion in taxpayer-funded waste—from $3 million for steroid-injected hamster brawls to $118,000 to see if Thanos could snap his fingers in a metal glove. Some highlights include: • $31.5 million on luxury cars with COVID …
The new administration needs to terminate the Smith-Mundt Modernization Act on Day #1. Ben Swann explains how it came to be.. GEC = Global Engagement Center It’s part of the State Department: Pompeo ratcheted it up further, when he left the CIA for State. YouTubers, Twitter stars, InstaGram influencers.. Journalists, TV stars, writers. 60,000+ of …
Some Wisconsin food pantries are experiencing a growing demand for their services year over year, despite the state’s rising wages and low unemployment rate. Friends With Food, a food bank in Waukesha, is seeing their lines get longer, with a growing proportion of children in need. Founder and executive director Rochelle Gamauf told WPR’s “Wisconsin …
Incoming President Donald Trump could completely reform the rotten state of the American government. Yet it looks like he’s angling for more of the same by appointing some of the worst war hawks into positions of immense institutional power. Pete Hegseth’s nomination to Secretary of Defense does not bode well for anyone interested in ending …
‘Managing Stress During Change’: Biden-Harris State Department Holds Therapy Session After Trump Win The Biden-Harris State Department organized an in-house therapy session for employees early Friday following Donald Trump’s election victory, four sources with knowledge of the meeting told the Washington Free Beacon. “Managing stress during change,” read an internal State Department email sent across the …
AstraZeneca AZN-Q shares on Tuesday recorded their worst day since March 2020 after a report that dozens of the drugmaker’s senior executives in China could be implicated in the largest insurance fraud case in the country’s pharma sector in years. The Anglo-Swedish company, which has invested heavily in the world’s No. 2 pharmaceuticals market, said …
Published November 1, 2024 11:50am EDT CEO of top ‘non-woke’ job board reacts to ‘the worst’ report he’s ‘ever’ seen: ‘Red flag’ for 2025 The last jobs report before the 2024 election shows only 12K jobs added to US economy in October A massive jobs miss doesn’t paint a positive picture for the backbone of …
Job cuts accelerate in October with strikes, mass furloughs, layoffs, & small business closures at elevated levels. Over 109,000 cuts per our preliminary figure. Final figure available on Sunday, as always. #MacroEdge #DrivenbyData pic.twitter.com/9cPnR1qDr9 — MacroEdge (@MacroEdgeRes) October 31, 2024 *US BLS: OCT. TRANSPORT EQUIP. JOBS FALL 44K, REFLECTING STRIKE *US BLS:HURRICANES LIKELY AFFECTED OCT. …
If Nvidia’s results are cooked, it could trigger the biggest market correction since the dot-com bubble. IF Nvidia financial results are cooked (or any of their major customers – many of which are receiving federal funds)… It would be the biggest correction since the dot-com – 7 stocks driving the entire market and the greatest …
🚨 #BREAKINGNEWS Jack Posobiec, Charlie Kirk and other Trump loyalist are now getting ahead of what appears to be a bombshell report on Donald Trump. Calling it AI and warning his supporters not to believe their own eyes and ears. Outside Trump's circle they are calling these… — Ford News (@FordJohnathan5) October 23, 2024 Just …
The eye-watering financial cost of the migrant crisis hit $150 billion last year and is causing devastating consequences for residents of hard-hit cities struggling to cope with the influx, The Post has learned. Of that figure, calculated by Washington DC-based non-profit Federation for American Immigration Reform (FAIR), $67 billion came from the federal government, but …
The IRS has delayed the implementation of the new $600 tax reporting threshold for Form 1099-K until January 2025. This means that eBay will not be required to report sales of $600 or more to the IRS until January 2025. However, eBay will still be required to report sales of $20,000 or more and 200 or more …
Nvidia earnings date is now official – November 20 https://www.wallstreethorizon.com/nvidia-earnings-calendar
The Cook Political Report on Monday shifted the Pennsylvania Senate race into the “toss-up” category and moved the Nebraska Senate contest from likely to “lean Republican” with just 15 days until the November election. With Pennsylvania shifting to the right from “lean Democrat,” three of the “blue wall” states are now toss-ups. Sen. Bob Casey …
https://t.co/eWPh7wGrQ4 — Chuck Callesto (@ChuckCallesto) October 18, 2024
“At 2pm EST on the 8th business day of every month the Federal Government is supposed to release their “Monthly Treasury Statement.” This report details how much money the government is taking in via taxes and how much is going out via spending…” “Which begs the questions: what are they trying to hide?” You have …
The Cato Institute has released its much-anticipated 2024 Fiscal Report Card on America’s Governors, and the results are both revealing and polarizing. Iowa Governor Kim Reynolds earned the highest score for her fiscal policies, while Minnesota’s Tim Walz found himself at the bottom of the rankings. This report scrutinizes the fiscal record of each governor, …
Recent data shows that over 4.5 million Americans aged 18-25 use marijuana daily or nearly daily. Among these users, about one-third experience symptoms of cannabis use disorder, with 16.6% reporting significant signs of dependence. This highlights concerns about the increasing prevalence of cannabis-related issues among young adults. https://x.com/EdwardConard/status/1842269729701900617 https://www.hhs.gov/about/news/2023/01/04/samhsa-announces-national-survey-drug-use-health-results-detailing-mental-illness-substance-use-levels-2021.html https://www.cdc.gov/cannabis/health-effects/cannabis-use-disorder.html https://www.samhsa.gov/data/sites/default/files/reports/rpt42731/2022-nsduh-main-highlights.pdf h/t Perfect_Alarm_2141