Human trafficking and under-age women are what landed Jeffrey Epstein in prison, but he was doing much more than that.
Category: Economics (Page 2 of 10)
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.
No More Cents- A Fond Farewell to the Penny
Thus, on November 12, the U.S. Mint in Philadelphia held a small ceremony where the U.S. Treasurer Brandon Beach struck the last penny that would be released into circulation.
Pennies have been a losing deal for twenty years. Nobody seems to care that they are gone. Maybe I am just in a bubble.
That’s good. I am not traveling for Thanksgiving, but the price of gas eventually effects the price of everything.
According to the article, gas is only $2.87 per gallon in Hawaii. Seems like Hawaii would always have the most expensive gas in the country.
A new theme park is coming to Saudi Arabia thanks to MrBeast
Bill Gates has to be our worst billionaire. He started the Gates Foundation to fix intractable problems so everyone would love him. He managed to jam himself into tough problems, screw things up, then move on to the next problem. Just unbearable.
MrBeast is trying something fun.
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.
Vox: Why every website you used to love is getting worse
Facebook is the poster child for enshittification. At first, it was a big improvement over MySpace. Everyone signed up for, it was great for a while, then Facebook made changes to make more money, until is sucked. Everyone was on Facebook, so nobody wanted to leave.
Why Delaying Your Social Security Benefits May Not Make Sense
Why Delaying Your Social Security Benefits May Not Make Sense
At Warhammer gaming night on Sunday, the topic of retirement age came up. Two of us are retired, but not the oldest people in the group. When a person hits about 60, it’s time to start running the numbers and thinking about when to jump.
WSJ: On the Fence About a Spending Decision? Try the 0.01% Rule
WSJ: On the Fence About a Spending Decision? Try the 0.01% Rule
The Wall Street Journal Personal Finance column presents the 0.01% rule for frivolous spending. I’m not sure it helps.
if the amount of money at stake is 0.01% or less of your net worth. Someone with $500,000 in wealth could spend $50 worry-free, according to the rule.
Politicians like to spend other people’s money, and there isn’t political benefit in being responsible. This is starting to bite us in the ass.
President Trump is a real estate developer and is comfortable working with debt. Cutting the deficit is not something he worries about.