Trump Assigns Musk a New Role as Head of Gov’t Digital Service
Tyler Mitchell To avoid FACA lawsuits, Musk to head Digital Service, renamed to DOGE. A feud over AI still simmers.…
Affordable Broadband Law in New York Led AT&T to Drop 5G Home Service Entirely
Neither New York nor California understands that companies won’t sell products for a loss. Hoot of the Day…
Economically Clueless Trump “Will Demand Interest Rates Drop Immediately”
With his video address to Davos today, Trump proves he is economically clueless. Speaking to an assembly of…
What Were the US Senators Thinking When They Debated the 14th Amendment?
The question is not realistically subject to logical debate, and I can prove it. Congressional Globe, May 30,…
For the Full Year, 2024 Existing-Home Sales Lowest in Nearly 30 Years
2024 was a terrible year for Realtors. Will 2025 be any better? No Momentum Existing-home sales fell 0.7%…
Counting Hidden Debt, BYD’s True Net Debt Is $44 Billion
Chinese automaker BYD is “addicted” to supply chain financing, masking a huge debt load, but it’s selling cars…
A Court Appointee of Reagan Correctly Blocks Trump’s Birthright Citizenship Order
As predicted in this corner, a District Court quickly blocked Trump’s unconstitutional order eliminating birthright citizenship. Lawfare Media…
Trump Renews Threat of 25 Percent Tariffs on Canada and Mexico
After dismissing such threats as bluffs, I now wonder if Trump might be stupid enough to do what…
The EU Will Suffer Because it Is Hostile Territory for the AI industry
The dysfunctional EU lags badly in AI. Rather than attempt to catch up, it places barriers. Closed AI…
Lacy Hunt on the Global Capacity Glut and the “Mish Recession Indicator”
I am very pleased to get a mention in the latest Hoisington Management Quarterly Review by Lacy Hunt.…