Is there any doubt?
86? Or is that allowed any more in the land of the free.
I’m just baffled that Trump’s fabulisms are still able to move the oil market.
Decision-makers in the industry are following and acting on White House announcements without noticing that they have consistently been baseless?
Same bafflement here. In a rational world, one where past experience is a guide, doing the opposite of what he utters would be the rational course of action. Instead financial operators pretend that what he claims is anchored in reality.
I am suspecting more and more that some national wealth funds (Saudi Arabia?) and the richest billionaires on the planet are manipulating the market with buying orders.
Welcome to late-stage capitalism. Everything is broken. The entire system is pathological. Companies operate on a make-line-go-up mentality where the next quarter’s P&L statement is the only thing that matters whether or not it’s good for the long-term health of the business. Cannibalizing the parts of the business that actually generate long-term revenue in the name of creating the ILLUSION of growth is what inspires rich idiots to throw money at you. It doesn’t matter if you’re going to go bankrupt next year because you can cash out before then and it’ll be some other sucker’s problem. Goods and services are irrelevant and so are the customers. Just move money from one account to another so it looks like profit is being generated and that’s the only thing that matters.
The economic reform we’re gonna need after this house of cards comes crashing down is gonna make the New Deal look like a picnic in the park.
Looking at that bottle - how insecure (and ignorant) can someone be?
Not only is his name (and function) prominently in the center picture (Director Kash Patel), but again just below, in case you forgot: it’s “Kash Patel”, who is “FBI Director”.
The center picture is fine, but why the repetition? That space should be used for a meaningful quote (which probably would be “Drink up!” or something…)
88 is a well-known number connected to one particular dictator.
Modern French Latin
or classical historical Latin
Both way above his pay grade or comprehension level. Perhaps better just write Bottoms up! and think of Queen and bicycles?
Indeed. The 8th letter of the alphabet is H. So 88 means “HH,” or “Heil Hitler.”
I know you know this, @Monty
I’m just elaborating in case someone else isn’t. Kinda like when someone posts some other abbreviation, and the reader asks what it means.
The people who run the world, especially business are largely fools; Trump himself being one example. They generally aren’t very bright and live isolated from reality in bubbles of yes-men, “handlers” and manipulators.
The power of privilege means you don’t have to be educated or smart to become wealthy and powerful. Smart, educated people are the employees, not the bosses.
Reminds me of a line from Christian Bale’s character in The Big Short, when he was shorting the housing mortgage market (or whatever the technical name for it is) and kept losing money because investments weren’t losing their value:-
“The market is fraudulent’”
Discussed in Krugman’s Substack today.
Ego, plain and simple.
Were it a product that was made for actual sale, absolutely. But, in this case, it’s 100% a vanity thing.
I think it’ll be a little bit before we see Karoline Leavitt behind the podium. She just had her child.
Immaterial to anything, but I just learned about the age difference between her and her husband. She’s 28. He’s 60.
Christ, it’s a race to the bottom to see which member of trump’s admin can spout the most stupidly aggressive, childish cliches possible. I thought Kegsbreath was the undisputed champ of that, but this Rubio quote is a strong challenger. These guys make schoolyard bullies seem like William F. Buckley Jr. by comparison.
Strange thing is, they’re all mostly empty except for maybe a 1/4" of bourbon left sloshing around on the bottom.
I wonder whether the stuff in the bottle is drinkable. Knowing this bunch, it’s probably turpentine laced with rat poison.
Somewhat off topic, but in line with Mr Patel’s tastes… I once bought a bottle of “whiskey-flavoured” cane spirit. Took it on a long mountain hike. Drank it with a friend deep in an illegal border crossing into mountains across international borders.
I swear, both my, and my friend’s eyes looked exactly like Kash’s weird eyes. Way too open and completely lacking focus.
We both passed out on a short hike, then made it back to our cave campsite to further vomit. Not my best moment.
I’d kinda forgotten – there’s so much to keep track of with this bastard – and meant it as a dig at the latest Comey persecution.
And inside information. It doesn’t matter why the market moved, just that it did and you were able to take the proper position beforehand.
The game is rigged.
Get real.
If you have that kind of insider knowledge, you’re either in the cabinet or related. Who would be investigating? The FBI? The SEC? Why do you think Trump put toadies in charge of all departments? There’s no way in hell that anyone will be investigating and prosecuting this. The best we can hope for is that the statute of limitations hasn’t run out by the time a Democrat gets into the Presidency, 'cause if Vance is POTUS 48, he’ll keep the toadies (or bring in his own reptilians).