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looking a lot like peak earnings last quarter of 2021. I consider peak earnings among most reliable harbinger of a recession. https://www.macrotrends.net/1324/s-p-500-earnings-history The converse is always true so far as I know, i.e., it is difficult to have a recession without going through...

Ha, apparently Zelenskiy and I think somewhat alike.

Those seem valid points. In the end we got zero progress on police reform. We can't know exactly how much effort Joe put into arm twisting. I do know, according to the reports , that Booker and another Senator whose name escapes me worked long and hard to bring enough Republicans on board to...

It appears that by now the Russians must have realized their miscalculations. They Started this war ill prepared for the fight the Ukrainians are putting up. That gave Ukraine a tremendous advantage. Why squander that advantage, which is what delay and a stepwise response will do. The NATO...

I think people should come to their senses and realize who they are listening to. A full scale European war is, in today's world, impossible. Russia is incapable of it. If they can't handle a war limited to the Ukraine there is no reason to think they could handle a full scale war against the...

I am not in favor of that, but the alternative is much worse. Sometimes a compromise is the best we can do. If we could get the Floyd act passed that would be an important step in the right direction. We both want the same thing. It's a matter of what's the best we can do as individuals.

As a Times subscriber the NYT allows me to share up to ten articles a month. This article should be read by every citizen of the United States. Donald Trump Isn’t the Only One to Blame for the Capitol Riot. I’d Know. Jan. 30, 2023, 5:00 a.m. ET Credit...Jason Andrew for The New York Times...

He was a strong supporter of statutory reforms. These reforms were strongly opposed by the police unions, and Congressional Republicans. Biden never wavered on his support for the George Floyd Legislation. Trump, on the other hand, said we would veto the proposed reforms. The difference...

You are not being fair to Biden. The George Floyd Bill was introduced in 2020 during the Trump Admin. (Trump vowed to veto it.) The Bill Passed the House but Republicans blocked it in the Senate. In 2021 it was again introduced in the House and once again passed. President Biden was a strong...

The charge is too light. It should be first degree not second.

WTF. You obviously hadn't seen the tapes when you posted that.

If ever there was a statement pulled out of an ass this has got to be it.

Crypto, like cock fighting, slot machines and sexually transmitted disease will always be with us. It can be made illegal, but that only increases it's appeal to those already susceptible.

This statement of yours just now caught my attention and it is , I believe, a clue to the difficulty you may be having in understanding my posts on this topic. Read your sentence again, please, and note the prepositional phrase that ends it, viz., "if they can not pay it." Without this...

We are all scared as shit of what the Republican Terrorists may try to do. In the end though there are more sane than insane Republicans. It will only take a handful of the sane ones to vote with Democrats and stop the nonsense.

This could be the foundation of a great comic strip!

Ha ha ha, I liked the communist punk part. Appreciate the confidence in me. There are many others more qualified than I to go on CNN and try to explain this stuff. You can see that that's a virtual impossibility. I can't even explain it to you numbskulls. :D I used to think, why on earth...

The Central Bank is a part of the U.S. government. See Wells Fargo v. The United States.

That's not what is meant however when an economist treats Treasuries as a form of money. This is justified on the basis of both Treasuries and all other forms of money being liabilities of the U.S. Treasury, i.e., the government. U.S. Treasuries do not in any way represent borrowing from the...

Don't worry about it. It's a difficult subject for most. I have given literature references here for those interested in delving deeper. If you later become interested, you can look those up. You're on the right track here, but actually it is even easier than that. When the Central Bank...