Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Some 96 percent of union members voted in favor of the strike, rejecting a proposal that would have boosted pay and benefits even as it fell short of other demands.
Following are edited excerpts from a current report in The Washington Post.
SEATTLE…
"Donald Trump says he doesn’t want to sell his Trump Media & Technology Group Corp. shares and that he doesn’t need the money, in remarks at a press conference."
Ah ha! I was wondering what set off the sudden stock rise today. Individuals with …
There's some background missing on that- "a 2014 deal that hiked health care costs and stripped away pensions". Evidently the labor relationship has been deteriorating for a long time. Also, that seemingly really big 25% increase is spread over fo…
@hank said- "I would advise younger investors who are dollar averaging in, saving for retirement and still in their 20s and 30s to go 100% equities... I’d probably split it into 3 different equity funds for safety if had to do it over."
And I stron…
@hank- Those of us who have designed things as a profession have all had to throw away designs that proved to be complete failures, and sometimes also dangerous.
I guess once "God" designs something there's no trial period- it is what it is.
MikeM said- "I personally won't be taking 5% because I don't need to, but the thought of taking 3% sure sounds safer."
And of course the key words there are "because I don't need to". So it's evident that there really is no percentage "rule" that f…
"I have to believe all humans have the same stupid among them."
@Anna- Yes, and it seems to me that there's been no change in that since the beginning of recorded history.
"... But if there is a God, as many profess, he sure designed a Fk’d-up wo…
@Crash- the following is not anything that I thought of myself, but derives from some media coverage that I've seen recently.
If the Judge, Juan Merchan, is inclined to issue a sentence on the severe side, possibly involving some degree of restrict…
"he is reacting to circumstances, rather than sticking to any apolitical, impartial standard"
I'm afraid that I don't compute on all of that. Of course the application of standards (any standards) depends upon the "circumstances". The judge didn't …
I just came across this from The Guardian:
In his decision, Judge Juan Merchan wrote that the “court is a fair, impartial and apolitical institution”.
He went on to add that delaying Trump’s sentencing should “dispel any suggestion” that he tried “…
I have to reluctantly agree that the judge's concern about conflating the political environment with the judicial environment is the honorable stand on this situation.
Unlike the Supreme Court, he is trying to keep well clear of influencing the pol…
An ironic aspect of all this is that Trump's mental acuity (never all that great to start with) now seems to be deteriorating even faster than Joe Biden's. Perhaps it seemed more noticeable in President Biden because he started from a place which wa…
From a report in The Guardian:
Stock plunge wipes out Trump Media’s extraordinary market gains
Shares in Trump Media & Technology Group (TMTG ), owner of Truth Social, closed below $17 on Wednesday, reversing all their gains since the company’…
This just now from The Guardian:
Former Republican Representative Liz Cheney on Wednesday said she would support Kamala Harris for president, ending weeks of speculation about how fully the member of a GOP dynasty-turned-Trump critic would embrace t…
DJT closed at $16.98 per share, down another 6% today, Wednesday Sept 4. It's obvious that Biden and the Democrats HAVE RIGGED THE STOCK MARKET TOO !!!!!
" turning the other cheek to one who has been totally disrespectful to many is getting very, very tiresome"
@Mark- and, we don't have a whole lot of cheeks to keep turning either.
