@SMB_Attorney I live in Houston. The wealthiest person I know (well over $100mm) drives a 15 year old Tacoma. Lots of F-150’s or Sierras for other “rich” people.
@runwriteAarif Great guy and fine in the regular season, but he has always been a massive liability for physical playoff hockey. Also, added $3 mil in cap space this season. They aren't done.
Stanley Druckenmiller said what many think about Jerome Powell but won’t say out loud.
“The Fed’s job is to avoid big mistakes — like the massive inflation we just had. Powell is obsessed with engineering a soft landing and protecting his legacy. But the only reason we even need a landing is because they let inflation run from 2% to 9%. This Fed shows again and again that they think changing their mind means losing credibility.”
Powell didn’t save the economy.
He helped create the mess.
@LLBiggers@wintonARK $PCT
Look at PureCycle. They are building plants - globally, and at scale - the only viable polypropylene recycling process using enclosed chemical distillation.
If alternative health plans hit the market as the article suggests, then 1099 people will be happy to pay the premium, and small businesses will be incentivized to hire contract workers . I was one of the 1099 types for most of the past 20 years, and THE most stressful thing about it was finding new and less effective health insurance every year. Premium and deductible kept going up - it’s demoralizing.
@Hickenlooper Every policy implemented by your successor (and the Biden admin) has made Colorado unprofitable for small businesses and unaffordable for its people. This isn’t a Trump thing.
So misleading. This is the direct result of imposing harmful CO2 mandates and renewables. If we built new nuclear/nat gas plants and converted more coal plants to nat gas fired, those prices/emissions would fall. Instead, consumers foot the bill for self-destructive net zero policy.
@bhallcpa True in a vacuum, but you have to factor in the reshoring of goods & manufacturing (0% tariffs and reviving part of America), along with the extra ~20% back in everybody's pocket. It's not a 1:1 trade.