Grassroots

‘The Trump Swamp Is Growing’

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‘The Trump Swamp Is Growing’: President Fires Ethics Chief as DOJ Moves to Drop Eric Adams Charges Common Dreams U.S. President Donald Trump on Monday fired the director of the Office of Government Ethics (OGE) as his administration (packed with billionaires and riddled with conflicts of interest) abandons even the pretense of opposing corruption and lawlessness. A course […]

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GDP Grows 2.3 Percent

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GDP Grows 2.3 Percent, Led by a Big Jump in Durable Good Sales, CEPR The economy grew at a 2.3 percent annual rate in the fourth quarter, somewhat less than had generally been expected. However the reason for the miss was a sharp slowing in inventory growth, which subtracted 0.93 percentage points from GDP for […]

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Judges for me but not for thee

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Suddenly, Trump supporters are no longer fans of district judges: “For those of us who lived through the reigns of Judges Matthew Kacsmaryk and Reed O’Connor (so, like, we who were alive six months ago), this is a surprising turn of events. “The Kacsmaryks and O’Connors thwarted the Biden administration constantly, and on much hackier […]

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CAR VII

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Here I report on research on off the shelf CAR T-cells (which was conducted beyond the reach of Trump, Must and Vought)

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An examination of the levitation in residential building employment

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 – by New Deal democrat While we are waiting for new economic data tomorrow, let me pick up on an issue I closed with yesterday: while manufacturing has turned down, goods production in the US economy is being held up by construction, and in particular residential construction. Given the severe hike in mortgage rates as well […]

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The CIA is a “leftist” organization?

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Apparently, there’s this weird, ahistorical conspiracy theory out there that the CIA is a leftist organization. Not only is there not an atom of evidence for this theory, there’s ample evidence of CIA involvement in destabilizing and overthrowing liberal and leftist governments in favor of right-wing dictatorships: Here’s a short list of CIA interventions in […]

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Why didn’t John Dillinger think of that?

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“Johnson said he “wholeheartedly” agrees with Vice President JD Vance that courts shouldn’t try to control the president’s power as DOGE slashes through the federal government. “The courts should take a step back and allow these processes to play out,” Johnson said at the Capitol.” Pretty Boy Floyd. Al Capone. Bonnie and Clyde. All just […]

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Donald Trump Gives the Greenlight to Goldman Sachs and JPMorgan Chase to Return to Bribing Foreign Officials

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Donald Trump Gives the Greenlight to Goldman Sachs and JPMorgan Chase to Return to Bribing Foreign Officials

By Pam Martens and Russ Martens: February 11, 2025 ~ The President of the United States appears to be on a mission to Make Corruption Great Again. Just yesterday, Trump’s Justice Department ordered prosecutors to drop corruption charges against New York City Mayor Eric Adams. Also, Trump issued a pardon to former Illinois Governor Rod Blagojevich, who was convicted in 2011 on corruption charges, including an FBI-recorded attempt to sell the U.S. Senate seat that was vacated when Barack Obama took the office of the President. Trump had commuted Blagojevich’s sentence during his first term as President. In a further jaw-dropping move yesterday, Trump issued an Executive Order that suspends the Foreign Corrupt Practices Act (FCPA) for 180 days, giving a greenlight to megabanks on Wall Street and other U.S. corporations to bribe officials in foreign countries to get business deals approved. The order bars federal prosecutors from starting any new FCPA … Continue reading →

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Boring Fed January 30th

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Ten Days later and I am just catching up on this. Typing on a new computer now, I was hoping to transfer all of my old files on to this one. Hard drive on the old one is limping along. I still do not have an update. Anyway, some Claudia Sahm to peak your interest. […]

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District Courts Push-Back

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All The Litigation – by Joyce Vance Civil Discourse At least one federal judge isn’t intimidated by Trump cronies attacking federal judges who have ruled against the new administration during its first three weeks of operation. Those attacks have taken the form of Elon Musk posting that 1% of the constitutionally life-tenured jurists should be fired every […]

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The Big Convergence: scenes from the January employment report

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– by New Deal democrat There’s no new significant news until Wednesday, so let’s catch up graphically with a few important items from Friday’s employment report for January. As I wrote then, probably the most important developments weren’t in the monthly numbers, but rather the annual revisions to both the Establishment and Household Surveys.  For […]

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Gaza

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First, you put them in a cage. Then, poke them with a stick by taking ever more of their land, making life difficult, and things like that. When they get mad, label them terrorists. Seventy-five plus years now. There has never been a doubt what Israel wanted; it wanted it all. Not publicly. Let Moshe, […]

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Musk, USAID, and a Crazy Conspiracy Theory

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Recently NBC and The Washington Post have reported that Elon Musk’s hatred of USAID and his decision to feed into a wood chipper (claiming authority that Trump let alone Musk doesn’t have) is based on an insane conspiracy theory spread by an conspiracy theorist called MIke Benz. According to the Post, when Musk tweeted that […]

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A Bit of Krugman on a Monday

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Old stuff . . . an economy in good shape. Yep, this is a copy and paste. Yep, I stole it (January 15th) from Krugman’s array of articles that are more open to us now than before. Yep, I agree with Krugman on his assessment of the economy. Yep. there is inflation. What do you […]

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15 Additional Drugs Selected for Medicare Drug Price Negotiations

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HHS/CMS Drugs pricing negotiation. August 2023 . . . HHS announced they would negotiate the pricing for 10 drugs covered under Medicare Part D program. This was the first cycle of selected drugs to be negotiated by the U.S. Department of Health and Human Services or HHS as many know it. The first cycle of negotiations, with […]

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After Tech Geeks Built a Back Door to Loot Billions from FTX, Republicans Refuse to Investigate What Elon Musk’s Tech-Squad Did Inside the U.S. Treasury’s Payment System

Wall Street On Parade -

After Tech Geeks Built a Back Door to Loot Billions from FTX, Republicans Refuse to Investigate What Elon Musk’s Tech-Squad Did Inside the U.S. Treasury’s Payment System

By Pam Martens and Russ Martens: February 10, 2025 ~ It was just two years ago that bold headlines were swirling around the world that young techies with degrees from top American universities had engineered one of the most brazen frauds in U.S. history, including building a backdoor to a computer system that allowed billions of dollars to be looted from customer accounts at crypto exchange FTX. Despite this recent reminder that anyone with access to large sums of other people’s money requires constant and competent policing, President Donald Trump has allowed the insanely greedy Elon Musk to send young techies into the U.S. Treasury Department and access its $6 trillion payment systems. The tech news website, Wired, has provided in-depth coverage of insider allegations that one of those Musk techies, Marko Elez, was given administrative access, meaning that he could write and alter code in the Treasury payment system. Last Tuesday, … Continue reading →

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Coup or Autogolpe?

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I used to believe Republicans would join with Democrats if there was an threat to the United States. The first clue I had of this not being true was watching Josh Hawley give a fist up to the protestors who turned into rioters attacking Capital police and breaking into the building. I am with you […]

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China’s Global Growth

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Managing a supply chain for a small part of a $12 billion corporation in the US sent me to many countries in Asia. This included China. I was able to see the old aspects of it such as The Wall and the Tombs while there. I also saw the rebuild of the nation and the […]

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