When money flees the stock market, it flows into treasuries. This will force the Fed to lower interest rates. We need lower interest rates due to trillions of debt is maturing and needs to be refinanced. Whoever came up with this plan that benefits taxpayers is brilliant.
Throughout the pandemic, via three separate statutes, the 10 major US passenger airlines together received more than $54 billion in direct payments ($25 billion, $15 billion, and $14 billion). Congress also appropriated another $25 billion in subsidized loans from the US Department of the Treasury (only a fraction of which airlines have used) and suspended the 7.5 percent excise tax on domestic air travel as well as payments to airports and contractors.
In exchange, the airlines had relatively few requirements. They had to use the funds for payroll and had to maintain a minimum level of air service along existing routes. In addition, they could not furlough workers involuntarily or reduce pay or benefits, and they could not buy back shares of their stock or pay shareholder dividends. They also had to limit executive compensation. And the airlines will be required to repay—years down the road—only a small portion of the money they have received.
WTF is this? USDA is rehiring all those probationary back? https://www.usda.gov/about-usda/news/press-releases/2025/03/11/usda-status-update-probationary-employees
You should see the crybabies on Reddit…… https://www.reddit.com/r/fednews/s/y1VckvcZhy
Here is what the left is saying……thoughts? https://www.dailykos.com/stories/2025/2/14/2303889/-Nope-There-are-no-150-year-olds-on-Social-Security-It-s-COBOL
I’ve been reading the Reddit boards. They are saying Elon is “illegally” getting into the computers and retrieving data. And Trump is going to replace all the fired gov. employees with his loyalists. Most of them say they cannot he fired. It is entertaining.
Temu has raised their prices in the last 6 months…..it was turning into Amazon. Hope it dies.