There is something profoundly modern about a man who can manage to be entirely missing and yet universally present, provided the territory in question is the New York Stock Exchange. Consider the curious case of New Jersey Representative Tom Kean Jr., a gentleman who has elevated the art of the French exit to a federal Read More …
Tag: greed
The Gospel According to the Garment District
There is a distinct, suffocating modern aroma that smells remarkably like a blend of freshly minted crypto, expensive cologne, and the distinct, stale scent of a Sunday pew that hasn’t seen an honest tear since the Eisenhower administration. We are currently expected to bow our heads to a rather peculiar trinity: Capitalism, Christianity, and Patriotism. Read More …
The New Gospel of the Gilded Calf
It has been remarked by men wiser than myself that the Good Book is like a mirror: if an ass looks in, you can’t expect an apostle to look out. These days, however, it seems a whole congregation of folks have looked into the Gospel and somehow mistaken the Beatitudes for a business prospectus. I Read More …
The Anti-Anti-Socialist GOP
Source: One, Two I see the current economic landscape shaped significantly by government policies, particularly those from the Trump administration. The continued threat and introduction of tariffs aimed at protecting America has created all of the chaos in the market, leading to increased costs for consumers and disruptions in supply chains. In response to the Read More …
Trump Bond Purchases
According to a White House disclosure, President Donald Trump made over 690 bond transactions totaling at least $103.7 million since his inauguration. The bonds were from various U.S. companies, some of which were directly affected by his administration’s policy changes. This has raised questions about potential conflicts of interest, as critics argue he could profit Read More …
Peter Thiel Thinks You’re Dumb
Peter Thiel Thinks You’re Dumb The author emphasizes that the true divide is not between political parties, but between the wealthy elite and the working class. They pledge solidarity with teachers, union organizers, state college graduates, and any individuals, regardless of their background, who are willing to fight against this perceived injustice. The author’s central Read More …
The Special Dividend Loan
The “Special Dividend Loan” is another way private equity can suck cash out of other institutions while they continue to strip mine a company. I think the rules might work a little differently for them.
Are we doomed?
I was the designated driver this weekend for the kids sporting events, so we packed up the car and drove to the very near south suburbs for some all day volleyball. The tournament was great, and the Wintrust sports complex is pretty good but the fact it needs video games and laser tag is also Read More …
Trump blinked first
So far, we have a pause in the tariffs and a few items moving into different tariff buckets apparently. There is much speculation about why did Trump blink, and issue this pause. This article is not helping resolve that speculation, merely pointing out my idea through a series of articles from the Internet. You can Read More …
The world’s smallest violin plays for wine apparently
Wine enthusiast Steven Nordhoff typically spends about $25,000 a year adding to his 2,500-bottle collection, including reds from Italy or champagnes from France. But not now. Trump’s threat to slap 200% tariffs on European wines and spirits has the Southern California family law attorney pausing his purchases from abroad. I read this in the news Read More …