This morning was one of our longest walks in years. My physical recovery must be complete because we could have walked much further. But when I later checked my phone to see the number of steps taken, the total was only 7901. I was disappointed because I thought it would have been thousands more. Then I realized that during the walk my phone had died.
Macro view Financial conditions are NOT restrictive Growth will bounce Inflation will stick at to high levels Earnings estimates for 2025 will not be realized Fed won’t cut in 2024 Treasury is stuck and will be forced to up coupon issuance Long term bonds have no upside Equities are stupid rich Positioning remains massively overweight long by long only and hedge fund shorts are moderate
jimg
July 26, 2024 9:54 am
#40718
Martin Gurri is a former CIA analyst who was born in Cuba. Here he talks about what is going on in Cuba today, the fact that it’s current government buys almost all the food and energy for the island, the extreme poverty conditions faced by most of the islanders and the coming collapse:
Havana: The New Art of Making Ruins (2006) A Film by Florian Borchmeyer and Matthias Hentschler
“This unique documentary tells the stories of the people who reside in these modern ruins, from a homeless man who lives in an abandoned theater (in which Caruso once sang for Cuba’s high society), to an expropriated landowner who struggles against the decay of his parental home, to a writer who conceives a philosophy of the ruins to explain and bear the gradual collapse of the city and its political system”
Having lived there eight and nine years ago and with some close friends still in Cuba, Pat and I know the economic situation today is dire. The remnants of the Revolution and their children, grandchildren and great grandchildren never suffer. I am sure many of them are in prime seats along the Seine in Paris as I write this. Tonight they will be enjoying the most expensive meals and Champagne in some of the world’s finest restaurants. It’s just despicable.
The way to prove to Trumpers that Kamala Harris is extremely capable.
Google Kamala Harris Senate Hearings. You will find film of her taking to school some of America’s leading legal, political and agency people. Supreme Court Justices, Attorney Generals, and FBI Directors were unable to withstand her dominating performance in confirmation hearings. In addition, the televised VP Candidate debate with Mike Pence was another example of Kamala making her opponent submit.
Truly, Kamala is an intellectual powerhouse. As her stump speeches continue to impress, few people who presently support Trump will believe he could beat her in any debate. She will continue to ask him to “bring it on” and in my view he will find excuses to avoid losing to her. He will, I believe, lose in a landslide in November.
Is Trump really to announce a Strategic Bitcoin Reserve as part of his platform?
Are we about to witness more government control over financial markets? If so, that will be one more way that the insiders to government decisions enrich themselves.
But in what part of our cosmic universe is Bitcoin remotely ‘strategic’?
Kamala Harris’s “Bring It On” speech to the American Federation of Teachers in Houston Texas today was another powerful statement that Trump has a real fight on his hands.
As Harris delivers these remarkable speeches day after day, her polling numbers will rise and Trump’s will fall. As Scaramucci said yesterday, his numbers will plunge.
Harris is chomping at the bit to debate Trump. He says he looks forward to it but the world is waiting. I expect we may be waiting for a long time because he’s no match for this woman.
Netanyahu’s overreaching speech to the US Congress.
Many elected Democrats did not attend the Netanyahu speech yesterday for good reason. They refuse to get involved in the internal politics of Israel, preferring to represent the wishes of the majority of Americans, which is to provide strong financial, military, and political support for the State of Israel.
In his speech, the Israeli Prime Minister said of the anti-war protesters and the US politicians who support them, “Many choose to stand with evil. They stand with Hamas. They stand with rapists and murderers…They should be ashamed of themselves.” This is total bunk from the leader of a right-wing political organization who holds just 32 seats in the 120-seat Knesset.
The vast majority of Americans, Europeans, and even anti-war protesters believe that Israel has “the right of self-defense” and that the October 7 attack by Hamas was “sheer evil,” which were points made in Netanyahu’s speech. But after retaliating for 1,200 murders, the losses in Gaza amount to something like 39,000 deaths, including 15,000 children, and 100,000 injured. At what point is this not genocide? Yet Netanyahu shouted in Congress, “Total victory and nothing less…Give us the tools faster, and we’ll finish the job faster.” He even said the civilian losses in Gaza were “practically none.”
Months ago, the International Criminal Court (ICC) called for arrest warrants for Netanyahu and his allies for their actions in Gaza, accusing them of “war crimes and crimes against humanity.” Netanyahu’s response, “If they are coming after me, you are next,” is all too familiar in US politics and courtrooms.
I say enough is enough. The red line in Gaza was crossed a long time ago. Many of you will disagree, and I respect that. But ask yourself why Netanyahu is demanding the US Congress support more than they already do for Israel, which is huge and rightly so. Netanyahu needs their support for his political career and that of his right-wing Party. That should be his request to Israeli voters, not Americans.
The truth must be told even if most corporate media want to ignore it.
From the New York Times:
Former President Donald Trump gave one of the largest presidential nomination acceptance speeches in history at the Republican National Convention last week. It was also loaded with lies, wrote Steven Rattner, a former adviser to the Treasury secretary in the Obama administration, for The New York Times.
Trump, wrote Rattner, “used the opportunity, as well as his June debate with President Biden, to repeat favorite false claims and exaggerations. That Mr. Trump has a proclivity for saying untrue things is well known. But in his latest campaign for the White House, I’ve been struck by what appears to be an escalation in both the frequency of Mr. Trump’s lies and the outrageousness of his distortions.”
Among the most egregious lies that Rattner highlighted are: Biden only created “bounce-back” jobs from the COVID-19 pandemic (his job creation has consistently exceeded Trump’s even excluding COVID-19 recovery); that the cost of food has “doubled or tripled” (it’s up 21 percent); that Trump passed the “largest tax cut in history” (Presidents Reagan, Truman, Lyndon Johnson, Obama, and Harding all passed larger ones); that Trump had America on track to be “paying down debt” (he increased the federal deficit); that his tariff plan will not raise prices (it will); that the U.S. has spent $100 million more on Ukraine defense than all of Europe combined (it’s the opposite); that Americans are being “squeezed out of the labor force” by immigrants (there’s a shortage of American workers); and that crime is going up (it’s gone down every year Biden’s been in office).
All media has a duty to truth. Trump’s version does not cut it. Never has. Never will.
If politics is about how much money is raised, these numbers speak volumes.
Trump June $110 million
Biden June $127 million
Harris 48-hours $100-plus million from over 1 million donors
Astounding. Historical. Game-changing!
I see Anthony Scaramucci tweeted today about Trump: “His numbers are going to start dropping like a stone and he will drop out of the race to cut a deal to avoid jail. Just wait for it.”
Let’s see how much cash Trump can raise going forward outside Musk’s $45 million per month commitment.
A Fortune magazine article reports that Musk is no longer committing to monthly donations of $45 million to Trump. More chaos in the Trump camp while Harris’s donations, crowds, and volunteer numbers are overflowing. If Kamala selects Pete Buttigieg as running mate, which is my choice, I believe there will be more donation records set.
jimg
July 23, 2024 12:38 pm
#40650
ATI: Activist Treasury Issuance and the Tug-of-War Over Monetary Policy
By adjusting the maturity profile of its debt issuance, Treasury is dynamically managing financial conditions and through them, the economy, usurping core functions of the Federal Reserve. We dub this novel tool “activist Treasury issuance,” or ATI. By manipulating the amount of interest rate risk owned by investors, ATI works through the same channels as the Fed’s quantitative easing programs. ATI has been a major market driver over the past year and we expect it will continue to play a significant role in the years ahead; ATI may become a regular element of the policy toolbox, driving political business cycles in the market and the economy.
Never in US history of government hearings has an individual faced such personal attacks from both Parties. Rightly so.
We all have opinions and questions about the day of the assassination attempt. Ms. Cheatle wanted the full report provided to the public in 60 days, which, to me, was her effort to buy enough time to get new employment for her and several associates.
With her resignation, a preliminary report should be issued this week. Facts are known. The big stall was an attempt to cover up facts.
That they said the shooter’s phone had to be sent to Washington to have the encryption broken was laughable. Maybe 30 years ago, but not today.
That the bullets (and shell casings) could not be found in a few hours and examined to see if the shots were from more than one rifle was another laughable point.
That the teleprompter could not be examined and photographed in minutes to see if the bullet had pierced it and sprayed Trump and others with glass fragments is laughable.
All these points relate to facts the public should have been told that day. The rest of the discussion is biased conjecture, requiring a thorough investigation and conclusion that takes time.
Life & the Law are not always on the same page. The SCOTUS decision to nix US college admission practices based on the Equal Protection Clause of the 14th Amendment of the Constitution has immersed America in a firestorm.
Clearly, the SCOTUS decision to call out US college admission practices as offenders of the law is a case of the law versus life as we live it.
Why can’t Congress be given x years to resolve conflicts within the Constitution and Amendments on such important issues? With this ruling of the conservatively biased court, fundamental practices of a more liberal America must change. I can now see college administrative costs and inefficiencies soaring and lawsuits starting.
Although I am a hard-line conservative in most matters, I embrace liberal practices regarding access to education and healthcare.
The well-spoken Howard University president – an Impressive guy — politely addressed this can of worms in a televised interview. As many of you know, I am a friend of HU and proudly wear their lapel pin.
This weekend I plan to write something about this vital matter.
Three years ago, my partner Carlo Parentela introduced Jennifer Hudson in what was a stunning performance at Apres Noir in Toronto, as he did with Drake, in a $1000/ticket dinner show like Toronto has never before seen. https://apresnoir.com/project/jennifer-hudson/ https://www.facebook.com/wwwapresnoircom/videos/628964054148699/ I sat one table away from the stage. I will never forget that performance. Neither will my close friend Prof. Omowale Crenshaw who I invited up from Howard University in Washington DC. He too will always remember that evening. Carlo always throws the best parties. Tonight was another slice of life that is simply beyond words. So happy to have watched it.
I made a commitment this morning to help teach a 5-week class in the Howard University Exec-MBA starting Jan. 11. I did this a couple of years ago for HU seniors and MBA students while I was living in Havana. Starting in Feb, I will be doing the same for business school undergraduates at the University Cali Colombia. I also did that this past semester. More later.
Kamala Harris is the Biden running mate Last year I opined that my choices to be on the Dem ticket for this November’s vote were Kamala Harris and Pete Buttigieg. Biden in my opinion is not up to the job if the people vote the Dems to power. I’m not sure Harris is either but I am happy for this Howard University grad because she has all the attributes of being a great POTUS if Biden is elected president and can not finish the term. I now anticipate Trump replacing Pence and putting Nikki Haley on the GOP ticket. I would prefer to see Haley and pretty much anybody except Trump and Pence, but that’s not going to happen. Too bad.
wiki: Thurgood Marshall was an American lawyer who was appointed as an associate justice of the Supreme Court in 1967. He was the first African American to hold the position and served for 24 years, until 1991. Marshall studied law at Howard University.
baz22
June 13, 2020 9:50 pm
Bill…read your mention of Howard University .. their School of Law certainly turned out a good Supreme Court Justice. ..
June 8, 2020 12:49 pm #3282 Making it easier for the black community to lift themselves Enrollment of African Americans in university business schools across the country should be free. Attract the best candidates and leave them their personal funds (and no student debt) to be able to start new business ventures after graduation. Improvement via economics, not politics and welfare, is what is needed. The premier black university in the country is Howard University in Washington DC. Dean of the Business School Barron Harvey is a friend. I proudly wear the HU pin on my suit lapel and I also use the pen set that the dean presented me in front of graduating seniors and MBA students who took an international business program that I assisted about 4 or 5 years ago in Cuba. I have also had the opportunity to speak in their classroom in DC last year. These are the students who need to soar, and all of us need to do whatever we can to help them do it. https://bschool.howard.edu/faculty/?team=/barron-h-harvey/ I am not a political advocate. But, I will continue to say that we need free capital markets, smaller government, more conservatism, and be much more supportive of our youth. The first three points will lay the groundwork and the fourth one (supporting our youth) will provide the solution. https://www.facebook.com/HowardU/videos/3166301596731179/
“Mr. Trump and Mr Vance, I have watched videos where you have called me “Dingbat” and “Crazy.” I want you to say them to my face – in a televised debate at any time, place, and as many times as you choose. I want the world to see who is “Dingbat,” and who is “Crazy.”
My money is on their refusal to debate her one-on-one or two-on-one because that is what cowards do – they refuse to face their opposition directly.
Harris is also a proud graduate of Howard University.
From Wiki: While at Howard, she interned as a mailroom clerk for California senator Alan Cranston, chaired the economics society, led the debate team, and joined Alpha Kappa Alpha sorority. Harris graduated in 1986 with a degree in political science and economics.
Anticipating the crucial decision of the Dem Party’s VP Candidate choice.
Yesterday, I erred by referring to Kamala Harris’s choice of running mate. The reality is that Pelosi, Jeffries, Schumer, and the Obamas will make that decision.
But I have been right in my belief that this election battlefield will be over women’s reproductive rights and the Supreme Court’s Roe vs. Wade decision. It could be that the bulk of yesterday’s massive one-day $50 million donations to the DNC, said to be from small donors, came from women.
The pre-election polls will be dubious in the next 106 days and should be ignored. In a poll in Georgia conducted from July 9 to 18, Trump led Harris by 51 to 46. That was before the Biden decision. Besides, earlier this month, Marjorie Taylor Green could have beaten Kamala Harris in a Georgia poll.
After the VP candidate to accompany Harris is announced, future polls across the country will begin to reflect the power of the female vote in this election.
The American DEI movement may, in fact, be unbeatable if the DNC ticket is Harris-Buttigieg.
Let’s see if the Democrats can seize the initiative here. Trump had momentum but I believe he can be defeated. His speech at the RNC was the same old crap, his programs are great, his people are fantastic, blah blah blah. I’d vote Republican if it wasn’t for him.
As predicted by J.P.Morgan: “EYE ON THE MARKET | OUTLOOK 2024”
Page 39
[3] President Biden withdraws sometime between Super Tuesday and the November election, citing health reasons. Biden passes the torch to a replacement candidate named by the Democratic National Committee. Biden has a low approval rating for a President with ~10% job creation since his inauguration, although that figure is the by-product of his inauguration coinciding with the rollout of COVID vaccines and a reopening US economy.
“New study found that relative reproductive success (RLRS) is higher for people with high ADHD polygenic scores and lower for people with high education attainment and cognitive polygenic scores. People are becoming genetically more ADHD and genetically lower IQ” https://x.com/BronskiJoseph/status/1813571969536630999
The Trump speech and final evening at the RNC convention was not unifying.
Most attendees loved this week’s spectacle, but the cast of characters on display last evening destroyed any goodwill built earlier in the week to reach outside the MAGA base.
Earlier, I guessed that Trump would give a serious political speech. Alas, he quickly went off the teleprompter script and reverted to his clown show act of celebrating “the late, great Hannibal Lecter,” Victor Orban, and Kim Jong-un. But Trump’s Vaudevillian performance fell flat, far outdone by Hulk Hogan’s outlandish shtick.
The flailing Democrats were in dire need of this Trumpian gift. Now the world is watching to see if they can take advantage.
If anyone wants to check out the interview I did with Efani and their GM. I share free tips to prevent sim hacks and cover my own hack experience. we discuss recent hacks in the news as well
This morning was one of our longest walks in years. My physical recovery must be complete because we could have walked much further. But when I later checked my phone to see the number of steps taken, the total was only 7901. I was disappointed because I thought it would have been thousands more. Then I realized that during the walk my phone had died.
A big shout-out to Jim Rickards and Peter Schiff: UNSUBSCRIBED.
Andy Constan: @dampedspring
Macro view
Financial conditions are NOT restrictive
Growth will bounce
Inflation will stick at to high levels
Earnings estimates for 2025 will not be realized
Fed won’t cut in 2024
Treasury is stuck and will be forced to up coupon issuance
Long term bonds have no upside
Equities are stupid rich
Positioning remains massively overweight long by long only and hedge fund shorts are moderate
Martin Gurri is a former CIA analyst who was born in Cuba. Here he talks about what is going on in Cuba today, the fact that it’s current government buys almost all the food and energy for the island, the extreme poverty conditions faced by most of the islanders and the coming collapse:
Start at 37 min:
https://www.youtube.com/watch?v=D684jonLMHY
Havana: The New Art of Making Ruins (2006) A Film by Florian Borchmeyer and Matthias Hentschler
“This unique documentary tells the stories of the people who reside in these modern ruins, from a homeless man who lives in an abandoned theater (in which Caruso once sang for Cuba’s high society), to an expropriated landowner who struggles against the decay of his parental home, to a writer who conceives a philosophy of the ruins to explain and bear the gradual collapse of the city and its political system”
https://www.youtube.com/watch?v=D684jonLMHY
Having lived there eight and nine years ago and with some close friends still in Cuba, Pat and I know the economic situation today is dire. The remnants of the Revolution and their children, grandchildren and great grandchildren never suffer. I am sure many of them are in prime seats along the Seine in Paris as I write this. Tonight they will be enjoying the most expensive meals and Champagne in some of the world’s finest restaurants. It’s just despicable.
The way to prove to Trumpers that Kamala Harris is extremely capable.
Google Kamala Harris Senate Hearings. You will find film of her taking to school some of America’s leading legal, political and agency people. Supreme Court Justices, Attorney Generals, and FBI Directors were unable to withstand her dominating performance in confirmation hearings. In addition, the televised VP Candidate debate with Mike Pence was another example of Kamala making her opponent submit.
Truly, Kamala is an intellectual powerhouse. As her stump speeches continue to impress, few people who presently support Trump will believe he could beat her in any debate. She will continue to ask him to “bring it on” and in my view he will find excuses to avoid losing to her. He will, I believe, lose in a landslide in November.
Trump now says he only agreed to debate Biden. So the Sept. 10 debate is off.
For her part, Harris says, “Any time, any place. Bring it on.
Is Trump really to announce a Strategic Bitcoin Reserve as part of his platform?
Are we about to witness more government control over financial markets? If so, that will be one more way that the insiders to government decisions enrich themselves.
But in what part of our cosmic universe is Bitcoin remotely ‘strategic’?
The FBI Director Wray says Trump probably hit with shrapnel.
How about glass shards from the teleprompter that hit others as well.
Kamala Harris’s “Bring It On” speech to the American Federation of Teachers in Houston Texas today was another powerful statement that Trump has a real fight on his hands.
As Harris delivers these remarkable speeches day after day, her polling numbers will rise and Trump’s will fall. As Scaramucci said yesterday, his numbers will plunge.
Harris is chomping at the bit to debate Trump. He says he looks forward to it but the world is waiting. I expect we may be waiting for a long time because he’s no match for this woman.
Netanyahu’s overreaching speech to the US Congress.
Many elected Democrats did not attend the Netanyahu speech yesterday for good reason. They refuse to get involved in the internal politics of Israel, preferring to represent the wishes of the majority of Americans, which is to provide strong financial, military, and political support for the State of Israel.
In his speech, the Israeli Prime Minister said of the anti-war protesters and the US politicians who support them, “Many choose to stand with evil. They stand with Hamas. They stand with rapists and murderers…They should be ashamed of themselves.” This is total bunk from the leader of a right-wing political organization who holds just 32 seats in the 120-seat Knesset.
The vast majority of Americans, Europeans, and even anti-war protesters believe that Israel has “the right of self-defense” and that the October 7 attack by Hamas was “sheer evil,” which were points made in Netanyahu’s speech. But after retaliating for 1,200 murders, the losses in Gaza amount to something like 39,000 deaths, including 15,000 children, and 100,000 injured. At what point is this not genocide? Yet Netanyahu shouted in Congress, “Total victory and nothing less…Give us the tools faster, and we’ll finish the job faster.” He even said the civilian losses in Gaza were “practically none.”
Months ago, the International Criminal Court (ICC) called for arrest warrants for Netanyahu and his allies for their actions in Gaza, accusing them of “war crimes and crimes against humanity.” Netanyahu’s response, “If they are coming after me, you are next,” is all too familiar in US politics and courtrooms.
I say enough is enough. The red line in Gaza was crossed a long time ago. Many of you will disagree, and I respect that. But ask yourself why Netanyahu is demanding the US Congress support more than they already do for Israel, which is huge and rightly so. Netanyahu needs their support for his political career and that of his right-wing Party. That should be his request to Israeli voters, not Americans.
Trump’s ‘Truth’ label is just another lie.
The truth must be told even if most corporate media want to ignore it.
From the New York Times:
All media has a duty to truth. Trump’s version does not cut it. Never has. Never will.
My post-op recovery is in the final stage.
I can tell by the number of steps I take walking daily. Today, the daily average for July 18-24 is 6,012. I now walk free of aches and pain.
The issue is now only psychological. But I’m working on that too.
If politics is about how much money is raised, these numbers speak volumes.
Trump June $110 million
Biden June $127 million
Harris 48-hours $100-plus million from over 1 million donors
Astounding. Historical. Game-changing!
I see Anthony Scaramucci tweeted today about Trump: “His numbers are going to start dropping like a stone and he will drop out of the race to cut a deal to avoid jail. Just wait for it.”
Let’s see how much cash Trump can raise going forward outside Musk’s $45 million per month commitment.
I have read the total donations following Biden’s switch to Harris already surpasses $230 million.
In Milwaukee, she gave another impressive speech today.
Trump must know by now that he is in deep trouble.
A Fortune magazine article reports that Musk is no longer committing to monthly donations of $45 million to Trump. More chaos in the Trump camp while Harris’s donations, crowds, and volunteer numbers are overflowing. If Kamala selects Pete Buttigieg as running mate, which is my choice, I believe there will be more donation records set.
ATI: Activist Treasury Issuance and the Tug-of-War Over Monetary Policy
By adjusting the maturity profile of its debt issuance, Treasury is dynamically managing financial conditions and through them, the economy, usurping core functions of the Federal Reserve. We dub this novel tool “activist Treasury issuance,” or ATI. By manipulating the amount of interest rate risk owned by investors, ATI works through the same channels as the Fed’s quantitative easing programs.
ATI has been a major market driver over the past year and we expect it will continue to play a significant role in the years ahead; ATI may become a regular element of the policy toolbox, driving political business cycles in the market and the economy.
https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/635102_Activist_Treasury_Issuance_-_Hudson_Bay_Capital_Research.pdf
The US Secret Service head has resigned.
Never in US history of government hearings has an individual faced such personal attacks from both Parties. Rightly so.
We all have opinions and questions about the day of the assassination attempt. Ms. Cheatle wanted the full report provided to the public in 60 days, which, to me, was her effort to buy enough time to get new employment for her and several associates.
With her resignation, a preliminary report should be issued this week. Facts are known. The big stall was an attempt to cover up facts.
That they said the shooter’s phone had to be sent to Washington to have the encryption broken was laughable. Maybe 30 years ago, but not today.
That the bullets (and shell casings) could not be found in a few hours and examined to see if the shots were from more than one rifle was another laughable point.
That the teleprompter could not be examined and photographed in minutes to see if the bullet had pierced it and sprayed Trump and others with glass fragments is laughable.
All these points relate to facts the public should have been told that day. The rest of the discussion is biased conjecture, requiring a thorough investigation and conclusion that takes time.
The one-word answer for why I foresee a Dem landslide in November.
Women.
I don’t think most men see it coming yet. But they will.
It’s about time.
$81 million donated to DNC in 24 hours says all you need to know.
Landslide coming.
From the archives.
Bill Cara
June 30, 2023 9:01 am
Life & the Law are not always on the same page.
The SCOTUS decision to nix US college admission practices based on the Equal Protection Clause of the 14th Amendment of the Constitution has immersed America in a firestorm.
Clearly, the SCOTUS decision to call out US college admission practices as offenders of the law is a case of the law versus life as we live it.
Why can’t Congress be given x years to resolve conflicts within the Constitution and Amendments on such important issues? With this ruling of the conservatively biased court, fundamental practices of a more liberal America must change. I can now see college administrative costs and inefficiencies soaring and lawsuits starting.
Although I am a hard-line conservative in most matters, I embrace liberal practices regarding access to education and healthcare.
The well-spoken Howard University president – an Impressive guy — politely addressed this can of worms in a televised interview. As many of you know, I am a friend of HU and proudly wear their lapel pin.
This weekend I plan to write something about this vital matter.
Bill Cara
November 10, 2021 11:20 pm
Jennifer Hudson brings down the house at the CMA awards tonight
Iconic performance
Three years ago, my partner Carlo Parentela introduced Jennifer Hudson in what was a stunning performance at Apres Noir in Toronto, as he did with Drake, in a $1000/ticket dinner show like Toronto has never before seen.
https://apresnoir.com/project/jennifer-hudson/
https://www.facebook.com/wwwapresnoircom/videos/628964054148699/
I sat one table away from the stage. I will never forget that performance. Neither will my close friend Prof. Omowale Crenshaw who I invited up from Howard University in Washington DC. He too will always remember that evening.
Carlo always throws the best parties.
Tonight was another slice of life that is simply beyond words. So happy to have watched it.
Bill Cara
December 26, 2020 12:11 pm
I made a commitment this morning to help teach a 5-week class in the Howard University Exec-MBA starting Jan. 11. I did this a couple of years ago for HU seniors and MBA students while I was living in Havana.
Starting in Feb, I will be doing the same for business school undergraduates at the University Cali Colombia. I also did that this past semester.
More later.
Bill Cara
August 11, 2020 5:42 pm
Kamala Harris is the Biden running mate
Last year I opined that my choices to be on the Dem ticket for this November’s vote were Kamala Harris and Pete Buttigieg. Biden in my opinion is not up to the job if the people vote the Dems to power. I’m not sure Harris is either but I am happy for this Howard University grad because she has all the attributes of being a great POTUS if Biden is elected president and can not finish the term.
I now anticipate Trump replacing Pence and putting Nikki Haley on the GOP ticket. I would prefer to see Haley and pretty much anybody except Trump and Pence, but that’s not going to happen. Too bad.
Bill Cara
June 14, 2020 9:51 am
wiki:
Thurgood Marshall was an American lawyer who was appointed as an associate justice of the Supreme Court in 1967. He was the first African American to hold the position and served for 24 years, until 1991. Marshall studied law at Howard University.
baz22
June 13, 2020 9:50 pm
Bill…read your mention of Howard University .. their School of Law certainly turned out a good Supreme Court Justice.
..
Bill Cara
June 8, 2020 12:49 pm
#3282
Making it easier for the black community to lift themselves
Enrollment of African Americans in university business schools across the country should be free. Attract the best candidates and leave them their personal funds (and no student debt) to be able to start new business ventures after graduation. Improvement via economics, not politics and welfare, is what is needed.
The premier black university in the country is Howard University in Washington DC. Dean of the Business School Barron Harvey is a friend. I proudly wear the HU pin on my suit lapel and I also use the pen set that the dean presented me in front of graduating seniors and MBA students who took an international business program that I assisted about 4 or 5 years ago in Cuba. I have also had the opportunity to speak in their classroom in DC last year. These are the students who need to soar, and all of us need to do whatever we can to help them do it.
https://bschool.howard.edu/faculty/?team=/barron-h-harvey/
I am not a political advocate. But, I will continue to say that we need free capital markets, smaller government, more conservatism, and be much more supportive of our youth. The first three points will lay the groundwork and the fourth one (supporting our youth) will provide the solution.
https://www.facebook.com/HowardU/videos/3166301596731179/
I want to hear these words from Kamala Harris.
“Mr. Trump and Mr Vance, I have watched videos where you have called me “Dingbat” and “Crazy.” I want you to say them to my face – in a televised debate at any time, place, and as many times as you choose. I want the world to see who is “Dingbat,” and who is “Crazy.”
My money is on their refusal to debate her one-on-one or two-on-one because that is what cowards do – they refuse to face their opposition directly.
Kamala Harris spent her high school years in Montreal Canada.
Harris has fond memories of Canada.
https://montreal.ctvnews.ca/what-to-know-about-the-canadian-ties-of-kamala-harris-biden-s-choice-for-successor-1.6972479
Harris is also a proud graduate of Howard University.
From Wiki: While at Howard, she interned as a mailroom clerk for California senator Alan Cranston, chaired the economics society, led the debate team, and joined Alpha Kappa Alpha sorority. Harris graduated in 1986 with a degree in political science and economics.
https://thedig.howard.edu/featured-people/kamala-harris
Anticipating the crucial decision of the Dem Party’s VP Candidate choice.
Yesterday, I erred by referring to Kamala Harris’s choice of running mate. The reality is that Pelosi, Jeffries, Schumer, and the Obamas will make that decision.
But I have been right in my belief that this election battlefield will be over women’s reproductive rights and the Supreme Court’s Roe vs. Wade decision. It could be that the bulk of yesterday’s massive one-day $50 million donations to the DNC, said to be from small donors, came from women.
The pre-election polls will be dubious in the next 106 days and should be ignored. In a poll in Georgia conducted from July 9 to 18, Trump led Harris by 51 to 46. That was before the Biden decision. Besides, earlier this month, Marjorie Taylor Green could have beaten Kamala Harris in a Georgia poll.
After the VP candidate to accompany Harris is announced, future polls across the country will begin to reflect the power of the female vote in this election.
The American DEI movement may, in fact, be unbeatable if the DNC ticket is Harris-Buttigieg.
Biden Out. Endorses Kamala Harris.
A needed decision. Now America and the world will get to see the real Harris.
My money is on Trump refusing to debate/ lose to Harris.
Depending on Harris’ choice for VP candidate, I could foresee a Democrat landslide in November.
Let’s see if the Democrats can seize the initiative here. Trump had momentum but I believe he can be defeated. His speech at the RNC was the same old crap, his programs are great, his people are fantastic, blah blah blah. I’d vote Republican if it wasn’t for him.
As predicted by J.P.Morgan: “EYE ON THE MARKET | OUTLOOK 2024”
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[3] President Biden withdraws sometime between Super Tuesday and the November election, citing health reasons. Biden passes the torch to a replacement candidate named by the Democratic National Committee. Biden has a low approval rating for a President with ~10% job creation since his inauguration, although that figure is the by-product of his inauguration coinciding with the rollout of COVID vaccines and a reopening US economy.
Is this an economy that needs lower rates?:
Torsten Sløk
Apollo Chief Economist
Daily data shows restaurant bookings remain strong.
• Daily data shows TSA air travel remains strong.
• The Fed’s weekly GDP estimate is 2.2%.
• Atlanta Fed GDPNow is 2.7% and rising.
• Weekly same-store retail sales are strong.
• Jobless claims are modestly higher, perhaps because of auto plant shutdowns and Hurricane Beryl.
• Weekly data for hotel occupancy rates are strong, daily rates are strong, and RevPAR is strong.
• Weekly data for bank lending to consumers and firms show loan growth is accelerating.
• Weekly data for bankruptcy filings are trending down.
• Weekly credit and debit card data show rising loan growth.
• Weekly data for global jet fuel demand is rising.
• Weekly data for Broadway show attendance is normal.
• Weekly data for box office grosses is higher than normal.
• Weekly data shows NYC mobility indicators are normal.
https://www.apolloacademy.com/where-is-the-slowdown/
What does this mean for a future America?
“New study found that relative reproductive success (RLRS) is higher for people with high ADHD polygenic scores and lower for people with high education attainment and cognitive polygenic scores. People are becoming genetically more ADHD and genetically lower IQ”
https://x.com/BronskiJoseph/status/1813571969536630999
(paper: https://link.springer.com/article/10.1007/s10519-024-10189-8%5D
corrected links (unable to edit )
https://x.com/BronskiJoseph/status/1813571969536630999
https://link.springer.com/article/10.1007/s10519-024-10189-8
The Trump speech and final evening at the RNC convention was not unifying.
Most attendees loved this week’s spectacle, but the cast of characters on display last evening destroyed any goodwill built earlier in the week to reach outside the MAGA base.
Earlier, I guessed that Trump would give a serious political speech. Alas, he quickly went off the teleprompter script and reverted to his clown show act of celebrating “the late, great Hannibal Lecter,” Victor Orban, and Kim Jong-un. But Trump’s Vaudevillian performance fell flat, far outdone by Hulk Hogan’s outlandish shtick.
The flailing Democrats were in dire need of this Trumpian gift. Now the world is watching to see if they can take advantage.
If anyone wants to check out the interview I did with Efani and their GM. I share free tips to prevent sim hacks and cover my own hack experience. we discuss recent hacks in the news as well
https://nyugrad.substack.com/p/stop-sim-swap-hacks-special-guest