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[quote]I was wondering how Ukraine was able to hit targets so deep into Russia. Now, I’m wondering how those cargo containers got from Ukraine into Russia. They had to have outside help because I don’t think there is any commercial traffic going between the two.

Me too. If I'm Russian security forces, I'm also wondering what else the Ukrainians left behind to go bang in the night.
quote:

I really don't understand this guy's presence on the national political scene. He's a fat white guy from a state defined by socialist policies and Somalians. He's unlikeable, weird, and has zero policy accomplishments. I'm surprised Democrat leadership hasn't just completely shut him down and told him to stfu, finish out his term as governor of MN and then quietly fade into obscurity.


Not only is he unlikeable-he's just not even relatable to the vast majority of voters. And, this is Kamala when she tries to run in 2028.
John Barron in 3,2,1, claiming theses are war crimes.
quote:

Britain must be ready to fight and win a war against states with advanced military forces, Prime Minister Keir Starmer said as his government announced a 1.5 billion-pound ($2.0 billion) plan to build at least six new weapons and explosives factories.

Starmer's warning came a day before he publishes a major review of Britain's military capabilities. The UK and countries across Europe are rapidly trying to boost their defense industries after U.S. President Donald Trump said the continent had to take more responsibility for its own security.

"We are being directly threatened by states with advanced military forces, so we must be ready to fight and win," Starmer wrote in an article for The Sun on Sunday newspaper, citing as examples Russia's invasion of Ukraine and its co-operation with Iran and North Korea.
LINKNewsweek

re: What are you reading?

Posted by bigjoe1 on 5/31/25 at 10:14 pm
Just finished Craig Johnson's latest Longmire series "Return to Sender".
A good read and the next novel is set up perfectly.
quote:

300 bucks a semester in tuition was completely unaffordable? That’s pathetic.


People didn't make very much money either.
I graduated from high school in 1971 and was fortunate that my parents could send me and my younger brother to college. I enrolled at Auburn and tuition was $150/qt. I knew a few guys that worked nights and weekend and could save enough to cover tuition and other bills and parents helped with the rest. Never knew anyone who borrowed money for school
Every male in my high school class that didn't go to school and went into the work force were drafted within a year. Most of these guys were from large families with both parents working and they just couldn't help.
Looks like a Financial times commentator started it:
quote:

Wall Street investors have cooked up a new term for betting against President Donald Trump - and some have used it to score big gains at a time when the markets are behaving erratically due to the president’s on-again, off-again tariffs.

It’s called “TACO,” which is code for “Trump Always Chickens Out,” and it refers to the president’s tendency to announce massive tariffs, causing the markets to plunge, only to back off days later, causing them to rise again.

Advertisement

Most credit Financial Times commentator Robert Armstrong for coining the term.
quote:

Maybe it's because I lived through the 80's and 90's when 30 year mortgages hit 15% but it seems a 30 year mortgage currently at 6.9% seems fairly reasonable for both the lenders and borrowers.


Agree but, real estate prices were appreciably lower during that time period.

Powell and Trump meet

Posted by bigjoe1 on 5/29/25 at 1:05 pm
quote:

The central bank confirmed in a release that the meeting occurred, stressing that the future path of monetary policy was not discussed.

“At the President’s invitation, Chair Powell met with the President today at the White House to discuss economic developments including for growth, employment, and inflation,” the Fed statement said. “Chair Powell did not discuss his expectations for monetary policy, except to stress that the path of policy will depend entirely on incoming economic information and what that means for the outlook.”
CNBC
I just thought it was interesting that 5 businesses nobody ever heard of brought the case and not the WMT's of the business world.
quote:

VOS Selections
The New York-based wine company said that Trump’s tariffs: “threaten to unravel everything VOS has spent a generation building.”

The company, which has been running for almost 40 years, said that its expertise in wine and spirits is something that “cannot be replicated,” in the U.S., pushing back against Trump’s often repeated statement that if products are made in the U.S., they won’t be subjected to tariffs.

The company highlighted four main issues that have arisen as a result of Trump's tariffs threats.

VOS said that buyers have been holding off on orders due to uncertainty, amid Trump’s back-and-forth decision making regarding levies and deadlines. The small business also flagged how its cash flow is under “immediate strain,” even if costs are eventually passed onto customers.


Additionally, VOS said it cannot gamble on unknown prices months in advance and that the knock on-effects, such as reduced purchasing capacity and smaller cash flow, from partners have also hit the business hard.

FishUSA
Based near Lake Erie in Pennsylvania, wholesale and retailer of fishing tackle and apparel FishUSA said that it is “reeling from the tariffs.”

In a statement issued prior to the court ruling, the company said: “We’re a Pennsylvania business employing dozens of hardworking Americans, trying to compete in a global market. These tariffs make it nearly impossible to plan, price, or grow.”

The retailer added that it has been particularly impacted by tariffs imposed on Asian countries, from which it imports many of its manufactured fishing goods. Suppliers have already preemptively raised prices in anticipation, and FishUSA says that switching to U.S.-based production could take years to fully enact.

MicroKits
David Levi runs the business out of a workshop in Charlottesville, Virginia. The company designs small electronic kits aimed at teaching children how to build simple devices and gadgets. Its most popular product instructs children how to assemble a musical instrument from scratch.

In a statement published by the Liberty Justice Center, Levi likened Trump’s tariffs to a “death sentence.”

Much like other businesses, Levi has found the uncertainty and back-and-forth nature of Trump’s tariffs to be a major stumbling block when it comes to completing orders.

“I could place an order for parts today, and by the time it arrives, the tariff might have doubled,” Levi said. “I can’t plan. I can’t budget. I can’t grow.”

Terry Precision Cycling
A small business, Terry Precision Cycling focuses solely on women’s cycling, the first company to do so, according to its founder, Nik Holm. But Trump’s tariffs were described by Holm as the “single greatest threat,” that his company has faced in its 40 years of operations.

In a statement, Holm said: “They’re indiscriminate, unmanageable, and totally disconnected from economic reality.”

Holm said his company joining the lawsuit not just about the economic impact, but “about defending the right to build and run a business without getting crushed by unpredictable government overreach.”

Genova Pipe
At its Washington State factory, Genova Pipe manufactures ABS pipe, importing crucial resin materials from South Korea and Taiwan. Most of the company’s product is then exported to Canada.

Genova Pipe has an additional six factories across the U.S. After joining the lawsuit,Andrew Reese, the president of the company, said in a statement: “The newly-imposed tariffs are increasing our raw material costs and hindering our ability to compete in the export market.”

Reese said that over 75% of the company’s resin material imports are sourced from Asia, and that replacing these suppliers with U.S.-based manufacturers was not a feasible option. With most of his customers in Canada, Reese has major concerns that buyers will opt for local, cheaper manufacturers if tariffs force Genova Pipe to inevitably raise its prices.
Time
Have to wonder does Congress even want this responsibility?
There were 2 congressional districts in each state that flipped from Dem to Republican. If that doesn't happen Jeffries is Speaker.
Salt is what these 4 candidates campaigned on. They don't get SALT and there is no BBB

re: Wall Street investors mock Trump

Posted by bigjoe1 on 5/28/25 at 8:30 am
This trade will work until the day it doesn't

Wall Street investors mock Trump

Posted by bigjoe1 on 5/28/25 at 8:21 am
quote:

Wall Street investors have cooked up a new term for betting against President Donald Trump - and some have used it to score big gains at a time when the markets are behaving erratically due to the president’s on-again, off-again tariffs.

It’s called “TACO,” which is code for “Trump Always Chickens Out,” and it refers to the president’s tendency to announce massive tariffs, causing the markets to plunge, only to back off days later, causing them to rise again.
Huffington post
quote:

For the quarter, Nvidia is expected to report adjusted earnings per share (EPS) of $0.88 on revenue of $43.3 billion, according to Bloomberg analyst consensus data. The company reported adjusted EPS of $0.61 on revenue of $26 billion in the same period last year.


Wall Street anticipates Nvidia's data center revenue to top out at $39.2 billion, up from $22.5 billion, which works out to a 74% year-over-year increase. Gaming revenue, the company's second-largest segment, is set to hit $2.8 billion, up from $2.6 billion
Here is what I found. Yahoo Finance

re: I have zero credit

Posted by bigjoe1 on 5/27/25 at 5:59 pm
I'd guess the convivence of paying day to day expenses instead of hauling cash around or writing a check

re: I have zero credit

Posted by bigjoe1 on 5/27/25 at 4:46 pm
quote:

Get a credit card through from the bank.


Yep. If you have a history of high dollar tranactions the bank you're using should issue you a cc.

re: 50% Tariffs on EU delayed

Posted by bigjoe1 on 5/27/25 at 2:21 pm
quote:

President Trump's tariffs continued to be felt by importers in May with a measure of government receipts for "Customs and Certain Excise Taxes" already topping $22.3 billion this month, according to Treasury Department data.

The monthly total is likely to rise only slightly in the coming days, with importers often depositing their tariff duties largely in a single day. A massive deposit of more than $16.5 billion appeared in government coffers on May 22.
If it's numbers you want-saw this today. Yahoo Finance