Category: Politics, Religion & Money

Cooking the Books

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.

Hole. Jackson Hole.

Powell sounds like he will announce a 0.25% interest rate drop in September.

First, Trump demanded Intel’s CEO quit.

When the Chips Are Down

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.

Prior Authorization for Traditional Medicare

Last year, half an hour after hearing my cancer diagnosis on the phone, I had an appointment scheduled with a surgeon for the next day. The appointment was available by chance. Being able to act quickly, without checking with an insurer, was because I have traditional Medicare, rather than a Medicare Advantage plan. Trump wants to eliminate traditional Medicare.

Trump administration tiptoes into testing prior authorization in traditional Medicare

https://finance.yahoo.com/news/trump-administration-tiptoes-into-testing-prior-authorization-in-traditional-medicare-143012089.html

A Likely Story

I meant to post this link a while ago, but lost track of it. Sections of the Constitution, specifically about Congressional powers, recently disappeared from the Library of Congress website. The claimed explanation is that someone failed to close an XML tag.

https://techcrunch.com/2025/08/07/library-of-congress-explains-how-parts-of-us-constitution-vanished-from-its-website/

The LOC link provided on that Tech Crunch page is useless. This is where it should be directed:

https://constitution.congress.gov/browse/introduction/

Summer in the City

Opposed as Dick Cheney reportedly is to Donald Trump’s version of the Republican Party, they share a pathological sadistic streak. Cheney limited his torture to foreign adversaries during a war, but Trump has no such reservation. Cracking the heads of civilian American citizens is fine with him.

It will be interesting to see if the Washington, D.C. crackdown helps or hurts tourism in the nations’ capitol.

Trump says Washington D.C., Chicago, Baltimore, and Oakland are Blue Cities, referring to their Democratic populations. But of course what he’s really saying is they’re Black Cities, referring to their racial mix.

Ya gotta admire a record that features both an autoharp and a jackhammer.