Economics

BS SPACE RACE

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Why does a billionaire space race have Branson and Bezos competing on spending millions on being first in outer space?

And why call it historic? This is not the first time billionaires burned through gobs of money and resources to accomplish something a monkey did 72 years ago. Wake up and face reality, folks.

Trump Organization Indictments

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Alvin Bragg poised to take over Trump investigation as Manhattan's 1st Black district attorney after opponent concedes.

Meanwhile, the jokers' house of cards is slowly crumbling down for everyone and the whole world to see. The Trump organization has just begun to reap the perils of cheating #USA taxpayers with allegedly fraudulent tax filings.

Frederick Christ Trump Sr. October 11, 1905 – June 25, 1999 must be rolling inside his grave. He was a prominent American real estate developer in New York City who left his son millions to squander.

The Democrats vs The GOP

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The United States of America is showing its dark and ugly visage which may be a reason for serious concern in the near future.

Some would say that over the last four years of the Grand Old Party was full of lies, empty promises, hot air, tax breaks for the one percent and The Wall.

Be Loyal To Local News

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The Northeast News in Kansas City sent a powerful message by running a blank front page and asking readers to consider a future without a local news source. 

The message was loud and clearly sent that Democracy not only dies in darkness but also if local news is allowed to diminish.

SCOTUS TRAPS TRUMP

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This is a significant defeat for Trump, and we have the US Supreme Court to thank after declining to halt the turnover of his tax records in a New York state prosecution.

SCOTUS action is the culmination of a lengthy legal battle that had reached the high court once before. This second time puts his taxes on the firing line. 

Not A Secret Santa

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MacKenzie Scott has managed to share her massive wealth to such a wonderful degree that she overshadowed and made the macho tech titans look like tightwads. So if she has it and wants to flaunt it, that’s her prerogative.

She says that not only are nonprofits chronically underfunded, but they are also chronically diverted from their work by fund-raising and by burdensome reporting requirements that donors often place on them.

Recession Fears

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What a difference a few weeks makes. After 4,556 cases of coronavirus and 85 deaths from the pandemic so far, POTUS now says the American economy may be heading towards recession, which he has described as the invisible enemy, but others fear we’re already there and going nowhere. Dow dropped below 20,000 for the first time since POTUS took office. http://howlonghasdonaldtrumpbeenpresident.com/

Abolish The Electoral College

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POTUS ratings are under water in all the national polls. However, Donald Trump’s possible re-election might not be quite so bleak.
This one is a worst rip-off than buying a degree from Trump University.

His advantage in the Electoral College, relative to the popular vote, may now be even larger than it was in 2016, according to analysts of national election results and polling data.

GOP Pushback

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POTUS had a free reign with Congress for the first two years since he took office, but the Democrats began to pushback after We The People voted for and now, finally even Republican US Senate is playing a game of political truth and consequences.

In fact, Senators from both sides of the aisle are trying to stop Trump from using emergency authority to sell arms to Saudi Arabia and Trump’s tariffs on Mexico mark the latest breaking point for Senate Republicans who have started a GOP pushback.

Good and Bad News

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As I write from one of Marriott Hotels’ four star properties while traveling on business with my favorite award winning banker, who does not want me to write a story about her experience because she believes in keeping a low profile, I learned the following.

Marriott International has come up with a new home-rental concept, aiming to take on Airbnb Inc. and other home-sharing companies in one of the lodging industry’s hottest segments. Marriott will now compete with Airbnb worldwide.