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SNL’s ”Weekend Update” on Saturday reminded everyone to set their clocks ahead - “preferably by 4 years.”Will add new unique Display period to MFOP and coin it: Trump 2.0. Will start November 2024. End current month or until there is a new president.
Above are edited excerpts from a current report in The Washington Post.HONDO, Tex. — Jaylee Williams needed to find somewhere to deliver her son. The 19-year-old knew little about the complicated metrics of who takes what health insurance. But relief for Williams came when they realized Medina Regional Hospital — just 15 minutes from their home — accepted Medicaid, the federal-state program that covers medical costs for lower-income Americans. Provider groups an hour away in San Antonio had refused to take the insurance.
But the lifeline that the 25-bed critical-access hospital offered to Williams could disappear in Hondo and other communities like it. Rural hospitals across the United States fear that massive Medicaid cuts Republicans would have to consider under the current House budget proposal could decimate maternity services or shutter already struggling medical facilities in communities that overwhelmingly voted for Donald Trump.
Nearly half of all rural hospitals nationwide operate at a deficit, with Medicaid barely keeping them afloat. Already, almost 200 rural hospitals have closed in the past two decades, according to the Cecil G. Sheps Center for Health Services Research, part of the University of North Carolina at Chapel Hill.
Rural hospital leaders in Arkansas, Colorado, Kansas, Mississippi, Missouri and Texas who spoke to The Washington Post warned that the enormous cuts congressional Republicans are weighing could further destroy limited health-care access in rural America. Proposals to slash up to $880 billion over 10 years — which is expected to be accomplished largely by scaling back on Medicaid — would also affect those who do not rely on the program but do rely on the medical facilities that are financially dependent on the program’s reimbursements.
NOAA's specialized workforce provides products and services that support more than a third of the nation's GDP. But in MAGA narrative, our country will be "saved" by cutting 50% of the 12,000 NOAA workers. Approx. $600M per year in Comp savings....in the scheme of things, a veritable drop in the bucket.
JD wrote: "$600M per year in Comp savings......in the scheme of things, a veritable drop in the bucket."
To paraphrase an old Senator of many years ago, $600M here -- $600M there and before long you are talking about real money.
In a sense that tactic of buying when others are fearful has worked for me as well. Dumpster fires and bathwater floods are great places to look for hidden gems rather than racing up the roads to the current sparkles in the eyes of the masses.
I am no where near the abilities of Buffett, Marks or a host of others but my best returns have come from selections made during those times.
Indeed. A man's got to know his limitations. Congrats on knowing yours.@Edmond, your stoopidity is simply astounding.
First, it's appropriate (for YOU) that you quoted REM to try to drive home your point, as it's a band named after Rapid Eye Movement, you know, a dream-state condition.
LMFAO!
That pretty much says it all. But here's more to the point(lessness) of your post...
Let's just take chips, as I trust you've heard (?), they've been driving stock markets for about two years now, and what's holding back the market this year. So they are a great place to provide an example of what @rforno succinctly and accurately stated.
Here's some comments on tariffs as they relate to that industry by somebody who has elevated his game beyond wild-eyed investment forum posts.
TRY to understand what he says here. I know it's gonna be virtually impossible for you, but please, do at least TRY.
https://www.cnbc.com/2025/03/06/trump-tariffs-live-updates-businesses-warn-of-ripple-down-effects-from-tariffs-because-of-rising-costs.html
Excerpt: (BOLD added):
Trade uncertainty weighing on chip companies, says ‘Chip War’ author
The semiconductor industry is particularly vulnerable to tariffs due to how globally integrated its supply chains are, according to Chris Miller, Tufts Fletcher Schooler professor and ‘Chip War’ author.
Even if chips are assembled in the U.S., many of the components used are not manufactured in the U.S., Miller noted.
“The complexity of the supply chains makes devising a tariff policy around carve outs very, very difficult, which is why the industry is hoping there won’t be any changes at all — because they’ve been structured around the assumption that you can move goods back and forth across borders without this type of tariff uncertainty,” Miller told CNBC’s “Squawk Box” on Thursday.
That said, I'm going to stop reading your posts because I'm losing too many brain cells in doing so.
Said BaluBalu: There is a group that includes both Christians and Jews (I am guessing more Christians than Jews) that are overzionists who are in favor of Israel’s expansion and use the US government's world power to further their cause. There are plenty of Jews who oppose that cause but not active enough that the first group gets their way.
Exactly. And references by BS1000 to the effect that we don't understand or appreciate the underlying history are exactly that: BS.And said Crash: in the past few years, any negative speech about the STATE of Israel has been grossly misconstrued as antisemitism.
I find, from careful, studied attention to this business through the years, that the AIPAC lobby very much gets their way when it comes to steering US Middle East policy. People from everywhere, from all cultures and faiths (or no faith) are justly concerned about the lawless apartheid expansion of Israel into land belonging to Palestinians. This is to say nothing of the destruction and genocide happening in Gaza. And by the way, while everyone is focused on Gaza, the current Zionist regime in Israel is deliberately destroying the West Bank. And expanding into Syria, even as the new gov't there is struggling to reorganize everything and rebuild. Israel has threatened the new Syrian leadership not to make their presence felt south of an arbitrary line within Syria--- which restricts Syrian control to a very small area beyond Damascus.
The Occupation began after the Six Day War. 1967. A very long time ago. The Separation Wall served to grab even more Palestinian land, and separates farmers and orchardists from their crops. With the US as an ally, Israel holds all the leverage. The US cannot be trusted to serve as an honest broker in negotiations. And the Israelis forever just find a pretext to kill negotiations.
Hamas is not a bunch of angels, for sure. Over in Ramallah, the Palestinian National Authority has zero credibility. Those are internal issues that Palestinians must un-screw-up for themselves. There has been a viable, reasonable Arab Peace Plan available since 2002. The Israeli leaders just ignore it.
The conflict goes back all the way to 1917 with the Balfour Declaration. Both Israel and Palestine have been living with the fallout ever since. ...This is not antisemitism. This is political. You will surely believe me when I assert that I have nothing against anyone for being Jewish, anywhere in the world.
Sure sounds easy don't it?Still, even if you are looking down the barrel of the next Great Depression, history shows us that the market eventually recovers.
But since the path to recovery is so uncertain, the best way to be prepared is by owning a well-diversified portfolio that fits your time horizon and risk tolerance. Investors who stay invested in the market in the long run will reap rewards that make the turmoil worthwhile.
Yes, I know you were not directing your words at me, specifically. There is at least one point I did not miss: especially in the past few years, any negative speech about the STATE of Israel has been grossly misconstrued as antisemitism. YOU mentioned antisemitism. The tactic is right now being used by tRump and his tong to squelch any criticism of Israel. Free speech, much? Not under the Orange one.Crash. My remarks were not about Israel but eddie’s absurd and historically anti semitic statements about Jews owning the US government. You completely missed the point. And where were H and H and the rest of the off topic cops?
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