– by New Deal democrat First, a programming note: I’ll post about retail sales later today. Consumer inflation in April continued essentially to be an interplay between shelter and gas prices, with a side helping of auto insurance and repairs. During late 2022 and early 2023, shelter was still accelerating or steady at a high […]

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by Ron Bousso Reuters A brief on what BP is doing. My guess is they are going to cut output to drive the market. It could be that other oil companies could fill the gap or move with BP. However, they prefer trump in office so making Biden look bad is a realistic plan for […]

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 – by New Deal democrat Tomorrow and Thursday a plethora of data will be released, on consumer inflation and spending, production, housing, and jobless claims. In the meantime today we got a chance to look at upstream pressures on inflation. And those upstream pressures do seem to be building slightly, reflecting a strong economy with […]

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I need to crash

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Schools in One Virginia County to Reinstate Confederate Names, The New York Times, Kareem Abdul-Jabbar substack SUMMARY: After a meeting that lasted for hours, the Shenandoah County school board voted early Friday morning to restore the names of three Confederate officers to schools in the district. With the vote, the district appears to be the first […]

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I was going to finish this up two days ago. Except I got sick and was sweating for two nights in a roll. And slept most of the first day and some of today. I had been fighting this for a about 5 days and then it came om stronger. Today, I feel I am […]

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One of Jeffrey Epstein’s Protectors at JPMorgan Chase, Mary Erdoes, Has Sold $29 Million of Her Stock in the Bank Since Just Before Epstein’s Arrest in 2019

By Pam Martens and Russ Martens: May 14, 2024 ~ In 2020, Netflix released a documentary series titled “Filthy Rich,” based on the book by the same name. The series examined how sex trafficker Jeffrey Epstein was able to continue to enjoy his wealth and power even after Palm Beach, Florida police had built a case that he had sexually-assaulted more than a dozen young girls – many from public schools in middle-class areas surrounding the mansions of Palm Beach. A sweetheart deal between the Florida State Attorney and the U.S. Department of Justice allowed Epstein to serve just 13 months in jail from June 2008 to July 2009, most of it in a work release program in which he was driven to an office daily by his chauffeured limousine. Epstein was allowed to be on the loose for another decade until the Department of Justice was embarrassed into arresting Epstein … Continue reading →

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