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131
US banks refuse Trump's business
Well if that organisation is a bank, and the individual has a record of defaulting on loans, then yes! -
10
After a Lag, U.S. Consumers Begin to Feel the Pinch of Tariffs
One can live in the real world, or be a MAGAnista and worship the endless lies and hyperbole spewing from Trump's gaping maw. Inflation? Well, let's see what the Fed tends to use to judge the level. That would be the Personal Consumption Expenditure Price Index. For June, it was up +2.6%, well above the Fed target of 2%. How about listen to Earnings Calls of companies reporting.....both Proctor and Gamble and Adidas announced they have to raise prices, so those PCEP numbers look to rise more, especially as the tariffs hold. Jobs? We saw how the petulant child dealt with that last week: fire the messenger and fabricate some moronic story about "political" and "rigged". Long term UE? Those on UE for longer than 6 months climbed by 300,000 since March. Trump ran on many things, such as bringing prices down on Day 1 (grocery prices are up since January 20, 2025),ending all wars, and bringing manufacturing jobs back. Manufacturing jobs have fallen every month since May. (Prices are up and wars continue apace). Growth? One has to look into the details to see this is not good either. Companies ran down inventories in the second quarter (which will have to be replaced eventually), and because imports are a negative to GDP, it made Q2 look better than reality. Business investment actually dropped in the second quarter and what is called "Core" GDP actually fell (too complex to explain to the low IQ MAGAnistas). Oh, and wage growth is slowing---particularly in the lower income demographic, which is Trump's primary base of support---and low wage earners/subprime borrowers are adding on lots of new debt. If anyone remembers correctly, that did not turn out so well in 2008 under Bush II. To make matters worse, businesses are only going to get more confused with time. The tariffs are on again/off again, and many of the so-called "deals" are still only non-binding platforms for further discussion. Economic data released by this Potemkin Administration in the future will be questioned because of Trump's outrage at the actual job numbers released and revised last week. When Chinese numbers are more believable, you know the US is quickly approaching Third World status in terms of government shenanigans. Only MAGAnistas, those folks who are rather math illiterate---believe Trump can lower drug prices "1500%". Though that is an absurdity on its own, lowering prices will be even more difficult when two primary nations providing ingredient input for drugs---India and China---are subject to huge tariffs. But hey, MAGAs cannot be heretics or blasphemers. If their messiah says "best economy ever", it's Gospel. If he tells them they will have so much money they won't even know what to do with it (my guess is it will be suggested they load up on Golden Sneakers, China-printed autographed Bibles, Trump meme coins, Chinese-made Trump watches, etc.), they will hit the Ford website and start configuring the F-150 with monster tires and cabin gun rack they always wanted....all while waiting in the unemployment line. -
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LOCATION OR CITY IS YOU WISH TO POST FOR ADVICE
One of the things I find a little frustrating is when people ask where to buy, a problem with immigration, who to see or ask for any local advice and do not say where they are from. Am I the only one tht gets a little irked with this. many of us have been here a while, but it is hard to advise about where to go or what to do when we do not know the persons location -
131
US banks refuse Trump's business
You're right, stay silent and obey orders is the way to voice disagreement. -
11
Report Thai Lawyers File Complaint Against Fortune Teller for Panic
Are you telling us that my old tealeaf reader is a fake I am most horribly shocked -
133
What happened to Rock n Roll
I watch those shows occasionally just to see the good singers and hilarious other ridiculous ones. I rarely listened to radio music after leaving New Jersey in 1985, as I had cassettes to listen to and radio stations always played the same things which got old fast. Much of the best music many will never hear, either stuck in one type or not understanding there are bands out there that are great that don't get the promotion they deserve. Politics ruins it just like in other areas.
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