🚨JASON CALACANIS: "How USAID got to the top of the DOGE list is that Trump decided to pause Foreign Aid for 90 days -- reasonable enough. A couple days later the White House said this USAID leadership was trying to circumvent this Executive Order. That alerted the DOGE team and Elon confirmed this on X. He said all DOGE did was check to see which Federal Agency was violating Trump's orders the most and that turned out to be USAID, so that became our focus."
This clip went viral a while ago.
An American vlogger discovers a Ph.D candidate running a food stall, part-time.
What struck me as truly special, however, was the end, when he picks up his phone & the vlogger thinks he’s going to show him social media mentions of his stall—but instead, he proudly shows him online the research papers he has authored!
Incredible. Unique. Indian.
My controversial take: The Fed cannot really control inflation. If higher interest rates even could fix the inflation problem, they would have done so. The Fed needs to stop thinking that it wields this awesome power to control inflation, with the tools they have.
So what can the Fed actually do? They can go back to Congress, which gave the Fed its 0% inflation mandate (not 2%), and instruct Congress that the Fed cannot possibly achieve this mandate if Congress is going to keep screwing things up with their deficit spending, which puts the excessive inflationary pressure on the economy.
Powell does not want to do this. He does not want to be seen as telling Congress how to do its job. That is an understandable position for him, but sadly it leads him to abandon his duty to control inflation if he won't confront the actual agent of that problem, which is Congress. Responsibility for the problem needs to be hung on the necks of those creating the problem. If our honchos cannot even discuss this problem properly, then they are never going to solve this problem.
@markminervini Thank you for this post, helps a lot of people to dream and achieve more..
There are always unhappy people,, ignore them like you do already
BREAKING: Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward, per Fortune.
“When you take out a mortgage in America, immediately after closing, they sell your loan—all your personal information—to a random lender unknown to you”
TRUTH.
“Cyber attack” on 900 billion dollars of loans
Mr. Coopers vibes are off. Way off. I’m not hanging with him
16 Most important Hindu Temples across India that Every Hindu must visit once in a lifetime..
1. Tirumala Sri Venkateswara Swami Temple, Andhra Pradesh
“The Economy is doing well”
Let’s talk about who isn’t: Small Business Owners
Talk to some in your community. Independent Mortgage Lenders, Retail Store Owners, Small CRE guys, Restaurant Owners, Contractors
Many are not okay
Big players with larger pools of capital to draw on—they’re okay. Business has been better, but they’re okay
Small businesses, meanwhile, are fighting for their lives in a macro environment where access to credit is choked, adjustable rate debt is adjusting upwards, and consumers are increasingly cutting discretionary spending. Not to mention, the cost of labor is skyrocketing (if you can find it)
I heard from someone this weekend who opened two retail stores in my hometown 10 years ago. These stores are beloved by the community. He is one of the hardest working people I’ve ever known. The stores are struggling since the lockdowns in 2020.
First, his wife went back to work a corporate job a year ago. Now, he is going back to work a corporate job—JUST TO TRY TO KEEP THE SMALL BUSINESS ALIVE
A small business is more than some numbers on a P&L spreadsheet
A small business is someone’s heart ❤️
Small businesses give our communities character. They are someone’s dreams brought to life. They make our world richer and more interesting
If you’re doing well, I encourage you to support a small business in your community. If you’re struggling financially, you can still support a small business owner—via a positive review/referral, or simply checking in on them
Our economy is and should be more than a Taylor Swift Concert, a Barbie Movie, a Few Tech Giants, and Government spending