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Recent Posts
- Interfield Global Software Inc.: Revolutionizing Industrial Data Management December 5, 2023
- $GOLD is soon to make history November 29, 2023
- Analyzing the Recent State of the Global Economy November 22, 2023
- How Helpful is AI for Me? November 22, 2023
- Navigating the Boundaries of Knowledge: OpenAI, Microsoft, and the Copyright Conundrum November 22, 2023
- The Evolution of Work in the Age of AI, Automation, and STEM: A Journey of Exploration and Discovery November 21, 2023
- “The Maverick Investor’s Handbook” v.21 draft is available. November 19, 2023
Another goofy politician.
https://www.msn.com/en-ca/sports/other/ron-desantis-makes-massive-move-against-college-football-playoff/ar-AA1l4WNz
Liz Cheney: A Beacon of Constitutional Integrity The US Representative for Wyoming, Liz Cheney, has been making waves. Her appeal continues to grow, especially after her recent interviews on CNBC and MSNBC, broadcast networks not known to endorse conservative Republicans. Cheney was there to promote her book ‘Oath and Honor.’ The title is a testament to her commitment to the principles guiding her political career. But her concluding remark on the CNBC set this morning truly encapsulates her stance as a responsible politician. She stated, “The country can survive bad policy but not a president who torches the Constitution.” This… Read more »
Cheney convinced me that Mike Johnson was not a prudent choice for Speaker of the House.
Today, I see that the J6 riot video that Johnson released had faces blurred out so they wouldn’t be discovered and criminally charged. Unacceptable. He should be removed as Speaker if he doesn’t stand up for the Constitution.
Off loading risk
US Bank Plans to Issue $2.5 Billion of Auto Credit-Linked Notes
https://archive.is/Cm01P#selection-4553.0-4567.62
GM plans for an accelerated $10 billion share repurchase for next year, its largest stock buyback in recent memory.
The company will fund it in part by freeing up capital previously earmarked for development of EVs
https://archive.is/VZRRw#selection-4529.138-4533.1
First loss ever at BOC – reward failure! The Bank of Canada released it’s 3rd Quarter report on Nov 17, 2023, and no one wants to talk about, not even the Conservatives, because it’s so bad. They don’t want to scare Canadians. The Bank incurred net losses of $1,459 million ($1.46 billion) and $4,461 million ($4.4 billion) for the three- and nine-month periods ended September 30, 2023, respectively, primarily because the interest incurred on deposits was greater than the interest earned on investments. The interest expense on deposits was higher as a result of increases in the Bank’s policy interest rate, which increased from… Read more »
Central Bank Digital Currencies will take us here:
Chinese borrowers default in record numbers
“Under Chinese law, blacklisted defaulters are blocked from a range of economic activities, including purchasing aeroplane tickets and making payments through mobile apps such as Alipay and WeChat Pay.”
https://archive.is/N2bVZ#selection-1575.0-1581.105
All the more reason to elect conservative Republicans.
Demetri Kofinas
@kofinas
“I’m starting a regimen of hyperbaric oxygen therapy (HBOT) and will be documenting parts of this journey in my weekly newsletter and on the Hidden Forces podcast”
Here’s some background on why I’ve decided to grow my brain
https://twitter.com/kofinas/status/1731346447109652734
A Dream Come True
No. 1 Michigan vs. No. 4 Alabama | Rose Bowl (Semifinal) | 5 p.m. ET Monday, Jan. 1 on ESPN
No. 2 Washington vs. No. 3 Texas | Sugar Bowl (Semifinal) | 8:45 p.m. Monday, Jan. 1 on ESPN
CFP National Championship Game (Houston, Texas) | 7:30 p.m. Monday, Jan. 8 on ESPN
Why No One Wants to Pay for the Green TransitionInvestors and consumers balk at costs of replacing fossil fuels with renewable energy, highlighting painful economics of climate mitigation
https://archive.is/oM8gP#selection-4309.0-4313.139
They intend to steal every dime from you:
Ursula von der Leyen
@vonderleyen
In climate finance, we have to move from billions to trillions.
To get there, we need new sources of revenues.
New levies, green bonds and of course – carbon pricing.
And we need, more than ever, strong partnerships, like with Global Gateway.
https://twitter.com/vonderleyen/status/1730850092565901713
Sweet Home Alabama
Beating Georgia today was epic.
https://twitter.com/robinmonotti/status/1715043769446224331?lang=en
Washington 34, Oregon 31
My #2 team lost.
Tomorrow, my #1 Alabama is in tough.
With Bama’s win – I’m afraid that the SEC will not have a representative in the College Football Playoff. I believe the 4 will be
Michigan
Washington
Florida State
Texas
Bama and Ohio State may be better than any of those four on a given day, but they will likely be left out.
Florida State was dropped and replaced by Alabama for good reason. Until the Bama-Georgia game, Georgia dominated college football for three years. Florida State #5 will now play Georgia #6 in the Orange Bowl, and Georgia will rightfully be a massive favorite.
Had the Florida State QB not been injured, I might have put them into the playoffs instead of Texas, which beat Alabama early in the year, barely.
https://youtu.be/cmyvgdLyYEI?si=5Q4gh73uptust0Ku
The extent of government corruption is absolutely stunning:
Judge scolds SEC for apparent deception in crypto case, threatens to sanction agency
https://archive.is/YnnCv
Recommend paying attention to escalating conflict between Venezuela and Guyana. Could be significant. Venezuela apparently wants more natural resources (oil) to squander.
With just the click of a mouse: “They turned $500k into $3.5 million in 24 hours”
https://twitter.com/unusual_whales/status/1730287861604479030
The working paper, from UC Berkeley’s Energy Institute at Haas, explores county-level new car registrations from 2012-2022 and compares them to voting records in presidential races.
https://haas.berkeley.edu/wp-content/uploads/WP342.pdf
NYC public housing: One building
Heat Pump conversion
The number of units is 159.
Cost: $28 million
$176,000 per unit
https://www.westsiderag.com/2023/10/28/heat-pump-project-in-frederick-douglass-houses-nears-completion-powered-by-electricity
Congress at the urging of the Biden administration agreed in 2021 to spend $7.5 billion to build tens of thousands of electric vehicle chargers across the country
Two years later, the program has yet to install a single charger.
https://subscriber.politicopro.com/article/2023/11/bidens-billions-for-ev-charging-has-yet-to-bring-a-charger-online-00128787
Car Dealers to Biden: EVs Aren’t Selling
Some 3,900 sellers ask for a reprieve from his onerous sales mandate.
https://archive.is/pFTaN#selection-4301.0-4305.69
Cross Border Capital’s Michael Howell:
Talks about the present global liquidity and the fact that the Fed will be increasing it’s balance sheet 10 percent + per year
https://podcasts.apple.com/us/podcast/michael-howell-and-why-monetary-inflation-will-drive/id1418050443?i=1000636708024
Terrific Eagles-Bills game today.
My team lost in OT but Josh Allen proves again he’s one of the best. Responsible for 430 yards. Throws for two TDs and runs for two including 81 yards. That’s why I watch the Bills every week.
The College Football Playoff is almost decided. Let’s see what my favorite team (30+ years), Alabama, can do against Georgia, but I don’t think Georgia will lose. I’m also rooting for Oregon to get into the #4 spot and knock off Georgia in the Sugar Bowl to play for the championship. Michigan also for the final.
NYR beat the Boston Bruins 7-4 yesterday. Boston NHL record wins last year and have started off very well but I think the Rangers are for real this season.
Roll Tide Can football pack more into a final minute? In those last seconds, the center snaps the ball when the QB isn’t looking. So it’s 4th and 31 and Alabama must score a TD to stop a season-killing loss. Hail Mary touchdown! What a game. Unbeaten Georgia next for the SEC championship. Not likely but neither was this win. Game of the day: Michigan #3 wins at home over #2 Ohio State in a close one. Reminded me of being in that stadium cheering M thanks to Dr Larry Brilliant whose Ann Arbor company I financed at the request… Read more »
Thanksgiving
Even in Toronto, I am looking forward to an American Thanksgiving Dinner — Turkey and Pumpkin Pie.
Thank you Pat.
To everybody, enjoy your day. It’s special to spend time with family, watching the kids grow up over the years.