The state treasurer’s office is holding onto $3.06 that I’m owed, for some reason that completely eludes me, as I’ve never had any direct involvement with Bancorp. “Miscellaneous Intangible Property” sounds something like one of those silly Non-Fungible Tokens. I’m not going to all of the trouble documented in Part C., just to get a few bucks. The Commonwealth of Massachusetts is welcome to keep it.
Don’t be a “rough trade” victim at the Rough House Cafe!
Seventies Stagflation proved that inflation can’t be allowed to run wild. If it happens, the job market will have to take a hit, even to the point of driving the economy into a recession, as was done by Paul Volcker.
How weak is the job market today, relative to the coming inflation that is not quite here yet, as a result of Trump’s tariffs?
https://www.marketplace.org/story/2025/08/25/fed-shifts-focus-to-weak-job-market
Speaking selfishly, being completely debt-free, and with my IRA CDs earning good returns, I wish the Fed wouldn’t lower interest rates.
DJ Trump, convicted of 34 felonies, and with six business bankruptcies on his resume, wants to control the Federal Reserve Bank. The charges against Trump were for falsifying financial statements. His accusing Lisa Cook of being dishonest from a single, as yet unproven, instance of that offense is beyond ironic.
https://www.npr.org/2024/05/30/g-s1-1848/trump-hush-money-trial-34-counts
His actual problem with Cook are the two words that he sees as being presumptive of incompetence and criminality — Black Woman.
The Supreme Court hands down some incomprehensible gobbledygook about canceled federal grants
https://www.yahoo.com/news/articles/supreme-court-hands-down-incomprehensible-000000487.html
Powell sounds like he will announce a 0.25% interest rate drop in September.
First, Trump demanded Intel’s CEO quit.
Now he wants the United States to own 10% of the company. Huh?
The Dow jumped to a new record after Powell’s speech today. If interest rates drop enough to move money out of Money Market accounts and CDs, that will inflate Wall Street further. Then we’ll have a bubble, and look out when it bursts.
