Some thoughts on Twitter’s whistleblower, the similarities of Elon Musk and P.T. Barnum, the New York Times and the Washington Post carrying water for the Deep State, the surge in Adderall prescriptions, and my prescience about Bed Bath & Beyond.
Politics
Joe Biden’s Wing and a Prayer EV Conversion
Barack Obama reportedly once said, “Don’t underestimate Joe Biden’s ability to f— things up.” The Biden Administration’s wing and prayer electric vehicles policies demonstrate Obama knew what he was talking about.
Congress’ Racist Climate Change Bill
Legacy media journalists are quick to declare any policies that disadvantage Blacks as racist. The climate change provisions of the Inflation Reduction Act that President Biden signed into law yesterday will likely lead to more racial economic disparity and fails to address the formidable disadvantages Blacks face buying electric vehicles.
Congress to U.S. Workers: Screw You!
Every working- and middle-class American, and Americans who still love and care about their country, should understand why JP Morgan Chase CEO Jamie Dimon last week told his bank’s wealthiest clients that one of his few securities investments is a Mexican ETF.
Senator Stabenow’s Startling EV Admission
In an interview with the New York Times, Michigan Senator Debbie Stabenow indicated that she doesn’t fully understand the EV subsidy provisions of the Inflation Reduction Act she voted to support. That’s understandable because the legislation is deftly written so that Ford, GM, and other automakers can circumvent the spirit and intent of the bill’s U.S. battery sourcing requirements.
Celebrating America’s Unsung Heroes
Heroism is often demonstrated in unlikely places by unknown people whose efforts will never be publicly known or appreciated. I’m moved by the confidential informant who prevented Iran’s planned assassination of former Trump aide John Bolton and the Federal Reserve economist who couldn’t be strong armed by China.
Stephen M. Ross: Michigan’s NFL Disgrace
A primer on billionaire Miami Dolphins owner Stephen M. Ross, the hypocrisy of University of Michigan’s business school alumni, and why Democracy Dies Near Midnight in the Great Lakes State.
Kyrsten Sinema: Wall St.’s Guardian Angel
“Until the average American realizes that capitalism damages her livelihood while augmenting the livelihoods of the wealthy, the Almighty Dollar will continue to rule.”
Does this sentiment seem consistent with a Democratic Senator who singlehandedly protected super wealthy private equity partners and investment money managers from losing a tax loophole that saves them tens of millions of dollars in taxes?
Allow me to introduce you to Arizona’s Kyrsten Sinema, easily among the most enigmatic persons ever elected to Congress, and the Senator of choice for more than 50 billionaires, only one of whom lives in the Grand Canyon State.
Gavin Newsom’s White Male Privilege
Joke’s on you if you think the Green New Deal is solely about saving the environment. It’s increasingly about putting more green in the hands of the 1 percent at the expense of the middle and working class.
Gavin Newsom, California’s multimillionaire governor, is doing his part to protect the super-rich from getting hit with a tax that would fund his ambitious environmental goals. Here’s some insight on the guy who thinks he’d make a great president.
Congress’ Make the Rich Richer Bill
The proposed Inflation Reduction Act concocted by Senate Democrats is shameful public policy that incentivizes GM and Ford to continue building in Mexico their highly profitable luxury electric vehicles most Americans can’t afford. The bill also disfavors GM and Ford competitors who build better and more reliable EVs.
Adding insult to injury, the proposed bill allows private equity billionaires to maintain an obscene tax break that even Bill Ackman has publicly called “a stain on the tax code.”