Summers Says Trump Tax Ideas Mean ‘Mother of All Stagflations’ Former Treasury Secretary Lawrence Summers blasted policy ideas floated by former President Donald Trump as immensely damaging to both the US and the global economy.Most Read from BloombergWells Fargo ... 06/14/2024 - 3:53 am | View Link
Yellen says China's trade policies could 'interfere significantly' with US bilateral relationship WASHINGTON (AP) — Treasury Secretary Janet Yellen says Chinese “overconcentrated supply chains” pose a threat to U.S. jobs and recent investments meant to build up the U.S. green energy sector, and ... 06/13/2024 - 6:36 am | View Link
Trump’s policies in a second term would be ‘substantially inflationary,’ Larry Summers says Prominent Democratic economist Larry Summers has been warning about the effects a second Trump term in the White House could have on the cost of living. 06/5/2024 - 10:10 am | View Link
Ex-Treasury Secretary Larry Summers Warns Trump's Re-Election May Push Mortgage Rates Beyond 10%: 'Never Been A Presidential Platform So Self-Evidently Inflationary' Former Treasury Secretary Larry Summers, who is on the “inflation ... of the success of the policies of Biden and the Federal Reserve to bring inflation down to the central bank’s 2% target. Summers, ... 06/2/2024 - 10:48 pm | View Link
Janet Yellen’s Risky Debt-Management Business "When the global market is flooded by artificially cheap Chinese products, the viability of American firms is put into question," said the Treasury Secretary on April 8, 2024, as China targets new ... 05/16/2024 - 12:12 pm | View Link
Moon Alert: Avoid shopping or making important decisions from 1:30 p.m. to 2:30 p.m. EDT today (10:30 a.m. to 11:30 a.m. PDT). After that, the Moon moves from Virgo into Libra.
Happy Birthday for Friday, June 14, 2024:
You are organized and have a strong desire to take charge of most situations around you.
Authorities are investigating after vandals targeted the homes of the Brooklyn Museum's Jewish director and some board members in a cowardly act, using red-smeared paint. This act of targeting Jewish people will not help the Palestinians. What a despicable thing to do, and I'm not sure how, in their minds, they felt this was productive.
Steve Bannon was ordered to report to prison on July 1st to begin a 4 month sentence for contempt of court after failing to comply with a lawful subpoena issued by the January 6th Committee.
Immediately after being ordered to report to court, he was defiant, saying "Merrick Garland, Lisa Monaco, the entire Justice Department, they're not going to shut up Trump, they're not going to shut up Navarro, they're not going to shut up Bannon, and they're certainly not going to shut up MAGA."
Well, just a week later, Bannon has changed his tune and is now begging the Appeals Court to intervene and pretty please keep him out of prison.
Read the filing here.
In the filing, he claims this is a "landmark case." It absolutely IS NOT.
Above, RAC performs, Why Even Try. Sometimes I wonder why we even try to make sense of the media.
MPC Commentary presents, Much Ado About Hunter.
The Psy of Life asks, "Does it even matter?"
Adventus says it's all inside MAGA Baseball.
Play Typer Guy talks "West Wing."
Bonus Track: Because we are all about the music and about the art Open Culture presents Andy Warhol creating a portrait of Debbie Harry.
Round-up by Tengrain who blogs at Mock, Paper, Scissors.
Two things died recently. First, Republican dignity when Ted Lieu was done listing all of Trump's associates who are convicted felons--criminals--just like he is. Lieu went on a rant that laid out perfectly why Trump is so unfit to clean floors much less be President.
And the best part, Lieu made sure to remind Trump whose choices it was that got him where he is, and he didn't do it nicely
Second, Lieu also pointed out how Democrats like Bob Menendez and Hunter Biden have been pursued, again showing what a joke Republican claims are of a "rigged" Department of Justice.