Tony’s Bunker Busters are guaranteed to decimate, obliterate and destroy!
Category: Politics, Religion & Money
Bank Checking
A few years ago I explained the nearly disastrous mortgage underwriting mistake I went through to buy the house I’m in right now. The villain in that nightmare was BankBoston, the creation of a merger between Baybank and the Bank of Boston. BankBoston was later acquired by Fleet, which itself was consumed by Bank of America. Which takes us to this mortgage mess story.
Medical Matters
The PBS News Hour continues to do an excellent job in covering the problems of rural hospitals and healthcare.
Welcome, Sleazy Bankers!
The Federal Reserve Board on Monday announced that reputational risk will no longer be a component of examination programs in its supervision of banks.
https://www.federalreserve.gov/newsevents/pressreleases/bcreg20250623a.htm
We’re now seeing Trump’s influence on the Fed. I predict that a year from now he’ll appoint his operative, Michelle Bowman, to replace Jay Powell. Neither of them is an economist, but Bowman’s credentials are, as Trump would put it, “very weak.”
The Universal Smith
As a child I learned about the dangers posed by a selfish, insufferable narcissist. An “injustice collector” with an uncanny knack for self-preservation to the detriment of others, who suddenly becomes incredibly powerful.
There’s No Going Back
Well, that didn’t take as long as I expected it would. Trump decided to join Israel in its war against Iran.