How Elon Musk Might Use His Pull With Trump to Help Tesla
Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.
Wednesday, October 30, 2024
If Trump wins Ukraine is fucked!
With Limited Options, Zelensky Seeks a Path Forward for Ukraine
A muted response to Ukraine’s “victory plan” and steep challenges on the battlefield leave Kyiv searching for a Plan B.
Kim BarkerEric SchmittSteven Erlanger and Anton Troianovski
Kim Barker reported from Kyiv, Ukraine; Eric Schmitt from Kyiv and Washington; and Steven Erlanger and Anton Troianovski from Berlin.
Like many unhappy conservatives, I look at this election as a choice between misfortunes. Faced with a similar dilemma in 1800, Alexander Hamilton offered advice that should resonate with at least a few right-leaning voters today: “If we must have an enemy at the head of the government,” he wrote to a fellow Federalist, the House speaker Theodore Sedgwick, that May, “let it be one whom we can oppose and for whom we are not responsible, who will not involve our party in the disgrace of his foolish and bad measures.”
Friday, October 25, 2024
Boeing at $155 is an obvious short. It may not go to zero but its going to get close
Boeing Workers Resoundingly Reject New Contract and Extend Strike
The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane.
Reporting from Seattle
Thursday, October 24, 2024
Mr. Kelly said Mr. Trump lacked a fundamental understanding of basic American values and what being president is about. “He’s certainly the only president that has all but rejected what America is all about, and what makes America America, in terms of our Constitution, in terms of our values and the way we look at everything
As Election Nears, Kelly Warns Trump Would Rule Like a Dictator
John Kelly, the Trump White House’s longest-serving chief of staff, said that he believed that Donald Trump met the definition of a fascist.
Wednesday, October 23, 2024
Never having publicly endorsed a candidate for anything I don't think Jamie Dimon is fearful of blowback, just a good sense of the divide with personal opinion in politics versus public opinion in business
Jamie Dimon Privately Supports Kamala Harris. He Just Won’t Say So.
JPMorgan’s chief executive has told associates of his support for the vice president, and his dislike of Donald Trump.
Connecticut has a 60% gas 30% nuclear electric generating mix which is good but why with Electric Boat's expertise in mini nuclear isn't the State in the lead for developing mini nuclear mills?
How Does Your State Make Electricity?
America isn’t making electricity the way it did two decades ago.
Squawk Box's Joe Kernen made a point today of finding this article to be an unfair front page article in the New York Times. F. U. Joe
For Trump, a Lifetime of Scandals Heads for a moment of Judgement
No major party presidential candidate, much less president, in American history has been accused of wrongdoing so may times
Peter Baker covered the Trump presidency and wrote a book on it with his wife, Susan Glasser. He reported from Washington.
Saturday, October 19, 2024
So, what’s the bottom line on the pros and cons of Trump’s tariff proposals? Cons: The tariffs would impose large burdens on middle- and lower-income families. They probably wouldn’t significantly reduce the trade deficit and might actually hurt American manufacturing. And unilateral U.S. tariff action would wreak havoc by fracturing the world trading system. Pros: I can’t think of any.
Thursday, October 17, 2024
I guess Trump never heard of The Smoot-Hawley Tariff Act passed in 1930 that increased import duties in the United States to protect American businesses and farmers but exacerbated the Great Depression making the 1930's miserable for all and the genesis of World War II
Trump Brags About His Math Skills and Economic Plans. Experts Say Both Are Shaky.
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.
Alan Rappeport and Ana Swanson
Reporting from Washington
Wednesday, October 16, 2024
In short, we really need some creative, coercive U.S. diplomacy right now to finally put an end to both Israel’s and Iran’s colonial projects, which feed each other. That is the necessary but not sufficient condition for defusing the madness in this region. Israel cannot afford to be in a long-term, large-scale missile war with Iran. It is too small. Iran is too big and the United States is running low on interceptors to protect Israel — should Iran and all its proxies fire on Israel at once. And Iran cannot afford to be in a large-scale missile war with Israel because the United States and its allies have run out of patience with its reckless adventurism that is destabilizing the whole region.
Sunday, October 13, 2024
If Boeing could cut jobs wouldn't they have done it by now? I think its $150 stock price is at risk of dropping to 0
Boeing Will Cut 17,000 Jobs in Bid to Slash Costs
A new chief executive is restructuring the aerospace manufacturer, which has been losing money for several years while struggling to improve production quality.
Saturday, October 12, 2024
Short Tesla because Elon Musk has converted Tesla from an example of Schumpeter's "Creative Destruction" into a highly public case of customer fleeing destruction.
Musk Reveals Why He’s Jumping Into Trump’s Arms
This week was supposed to be all about Thursday’s big Tesla unveiling—but Elon Musk jumped (literally) on stage with his new best friend, Donald Trump, prompting all sorts of memes in a week when he may have revealed his real motivation for backing a convicted felon for president. On this episode of Elon, Inc., we preview what people can expect in a Robotaxi with Bloomberg reporter Dana Hull, Bloomberg Businessweek’s Max Chafkin and Bloomberg editor Craig Trudell, and dig into Musk’s rebirth as a Republican megadonor with a special guest—journalist Jacob Silverman, who is working on a book about tech’s move to the right.
Wednesday, October 9, 2024
Japan's insularity can't exist forever
In Japan’s Countryside, Century-Old Firms Learn to Embrace Foreign Workers
Japan’s regional economies are facing severe labor shortages. Their survival depends on their ability to persuade foreign workers to stay.
Monday, October 7, 2024
A thought About on the First Anniversary of the Oct. 7 attack by Dan Ben-David, a Tel Aviv University economist who heads the Shoresh Institution for Socioeconomic Research.
“My mom was a 13-year-old smuggled alone out of Baghdad to Palestine during World War II. My father landed here as an orphan; his father was butchered by his Lithuanian neighbors as the Nazis moved in. Following the war of independence, my parent’s army units joined to create Kibbutz Malkiya on the Lebanese border. (That kibbutz, where they first met and married, became a charred ghost town over the past year.) That’s my family’s history — but change the names, and you basically have the history of Israel 1.0.”
That generation, Ben-David continued, “made sure their children and grandchildren would understand the importance of preserving Israel as our people’s safe haven, built on democracy and the rule of law.” That priority, that story, “was the thread of steel that has bound each generation to our founding one. It creates a situation that makes Israel unique, and not just in comparison with those who want to annihilate us.”
Look at how “both Ukraine and Russia have had to pass laws to prevent able-bodied men from leaving during war,” he added. “But when Israel is threatened with war, the planes that are full are not with Israelis trying to escape possible hell but with those dropping everything abroad — school, work, vacations — to come home and defend the country, many of whom eventually lose their lives in doing so. You cannot buy that kind of motivation.”
The fact that Israel drafts most 18-year-old men and women, “literally provides the army access to the top of the top of Israel’s human spectrum,” noted Ben-David, and it was that cohort that “just devastated Hezbollah’s leadership and intercepted the most massive ballistic missile attack in history.”
“That steel thread is what has saved us over the decades — and that is exactly what is so dangerous about Netanyahu’s domestic divide-and-conquer strategy that puts his personal interests above all else. Here we are, after the most horrific period in Israel’s history, and Netanyahu keeps snipping away at the thread,” Ben-David wrote. “Aside from encouraging his cultist followers to make state enemies out of hostage families, pilots, physicians and anyone else who dares to criticize the great leader, he has no exit plan for the deepening military crisis, no budget for the deepening economic crisis, no intention of drafting the ultra-Orthodox into an army desperate for manpower to replace all those who we lost. Because all of those might lead his far-right allies to turn against him.”
So on this first anniversary of the Oct. 7 attack, I find myself most preoccupied with the fact that Israel is fighting a multifront war and Israelis still don’t know whether they are fighting to make Israel, A thought About on the First Anniversary of the Oct. 7 attack, safe for a Jewish democracy or safe for the prime minister’s political survival, safe for the ultra-Orthodox to never have to serve in the military and safe for the prime minister to declare to the world he is defending the frontier of freedom in Gaza and Lebanon while sustaining a morally rotten and economically draining settlement engine in the West Bank.
The biggest threat to Israel today is not Iran, Hamas, Hezbollah or the Houthis. A united Israel can beat them all. It is those who are unraveling Israel’s steel thread — with a bad story.
A feel good farming trend along the Mississippi
Hidden in Midwestern Cornfields, Tiny Edens Bloom
Farmers in the heartland are restoring swaths of the prairie with government help. The aim is to reduce nutrient runoff from cropland, and help birds and bees.
For this article, Cara Buckley visited prairie strips on farms in Iowa, and concluded that Laura Ingalls would have approved.
Sunday, October 6, 2024
“It’s a tactical success, but what is the strategy?” asked Randa Slim of the Middle East Institute. “What is the day-after strategy?” That’s the question that Netanyahu still hasn’t answered. Israelis aren’t manifestly more secure than a year ago, and Lebanese and Palestinians are manifestly less secure. American troops are vulnerable on Middle East bases, and shipping is at risk off Yemen. There is no peace in sight, no offramp in Gaza, Lebanon or the West Bank. It’s as if Biden and Netanyahu are stuck on the set of the existentialist Sartre play “No Exit.” “We have no plans and no benchmarks but death,” despaired the Israeli scholar Ori Goldberg.
If Trump is a classic American confidence man, then mass deportation is his miracle tonic — a magical tincture that treats all ailments and cures all maladies. And like any traveling salesman, Trump is careful not to mention the side effects of this potent treatment. But not only are there side effects; the potion doesn’t treat the disease and may kill the patient.
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