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December 5, 2023 10:31 am

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US Bank Plans to Issue $2.5 Billion of Auto Credit-Linked Notes

  • The offering marks the first deal of its kind for the lender
  • CLNs growing in popularity ahead of looming regulatory reforms

December 5, 2023 10:21 am

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

December 5, 2023 6:41 am

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 »

December 4, 2023 9:57 am

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.”

December 3, 2023 3:36 pm

Demetri 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

December 3, 2023 9:38 am

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

They intend to steal every dime from you:
Ursula von der Leyen
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.

Bill Cara
December 2, 2023 7:55 pm

Sweet Home Alabama

Beating Georgia today was epic.

Bill Cara
December 1, 2023 11:54 pm

Washington 34, Oregon 31

My #2 team lost.

Tomorrow, my #1 Alabama is in tough.

Reply to  Bill Cara
December 3, 2023 9:12 am

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
Florida State
Bama and Ohio State may be better than any of those four on a given day, but they will likely be left out.

December 1, 2023 6:29 pm
December 1, 2023 6:14 pm

The extent of government corruption is absolutely stunning:

Judge scolds SEC for apparent deception in crypto case, threatens to sanction agency

December 1, 2023 5:06 am

Recommend paying attention to escalating conflict between Venezuela and Guyana. Could be significant. Venezuela apparently wants more natural resources (oil) to squander.

Last edited 6 days ago by deneve83
November 30, 2023 6:47 pm

With just the click of a mouse: “They turned $500k into $3.5 million in 24 hours”

Last edited 6 days ago by JimG
November 29, 2023 10:47 am

 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.

  • “During our time period about half of all EVs went to the 10% most Democratic counties, and about one-third went to the top 5%,” the study found.
  • “There is relatively little evidence that this correlation has decreased over time, and even some specifications that point to increasing correlation.”

November 29, 2023 10:18 am

NYC public housing: One building
Heat Pump conversion
The number of units is 159.
Cost: $28 million
$176,000 per unit

Last edited 7 days ago by JimG
November 29, 2023 10:00 am

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.

November 29, 2023 9:57 am

Car Dealers to Biden: EVs Aren’t Selling
Some 3,900 sellers ask for a reprieve from his onerous sales mandate.

November 28, 2023 8:59 am

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

November 26, 2023 10:28 am

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.

Bill Cara
November 25, 2023 8:39 pm

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 »

Last edited 11 days ago by Bill Cara
Bill Cara
November 22, 2023 7:47 pm


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.