Category: Economics (Page 1 of 9)

The ethanol mandate is a dumb idea nobody will touch.

City Journal:  A Simple Policy to Reduce Food Prices

Using food to make fuel is such a stupid idea, politicians won’t even consider changing the rule.

EPA rules effectively require that automotive gasoline sold in the U.S. contain 10 percent ethanol…The amount of energy contained in a gallon of ethanol, it turns out, is only slightly higher than the fossil-fuel energy needed to grow and process the corn that produces that ethanol.

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Corruption hates Trump.

NYT:  JPMorgan Admits It Shut Trump’s Accounts

NYT:  JPMorgan Admits It Shut Trump’s Accounts

In a response to a lawsuit filed last month by Mr. Trump and the Trump Organization, JPMorgan, the nation’s largest bank, said for the first time late Friday that it cut off more than 50 Trump accounts in February 2021, shortly after Mr. Trump’s first term ended.

Let that sink in.  A month after a president leaves office, The nation’s largest bank attempts to financially cripple him.  JPMorgan provided no explanation, so it’s not known who told them to freeze the accounts.

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We live in the future, just not the science fiction future.

WSJ:  I Tried the Robot That’s Coming to Live With You. It’s Still Part Human.

WSJ:  I Tried the Robot That’s Coming to Live With You. It’s Still Part Human.

The 5-foot-6-inch robot shuffled to the dishwasher, pulled the door handle and slid a fork—tines up, naturally—into the silverware holder. Then it grabbed a towel to wipe the counter. Later, it folded my sweater and fetched a bottle of water from the fridge.

Don’t try living in a science fiction future, it’s a sham. 

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