Back before, municipal and state governments, pension funds, etc. mostly invested in financials of the manufacturing sort. Then, America was in the manufacturing business. An issuing manufacturer was contractually bound to hand over the return owed. The investors were entitled. If they didn’t get their entitle, it was, ‘”see you in court.” In 2023, in Biden v. Nebraska, six states are arguing that Biden’s proposed cancellation of certain student loan...
Read More »Considering Environmental Topics Impacting Us Daily
I split these topics out from my other groupings of things found in my In-Box. I thought I would give it its own post as it considers environmental topics to include poverty, housing, nature, recycling, and business. All of which have an impact on the world we live in today. What is there is how people are thinking today and the results of their actions. I think I got it right. Maybe you think differently? Housing and Environment DIY ‘AirCrete’...
Read More »What’s Going On?
Poland, Hungary, Turkey, Russia, Israel, India, Italy, Brazil, …, and even the USA; around the world, we are seeing democracies lurching toward autocracy and/or theocracy. A hundred years from now, history will tell us what it was all about. It would help to know now. Though no common denominator stands out; one of the more common is religion. More specifically, it is right-wing religious groups either leading the charge toward theocracy or being...
Read More »Swiss claim U.S. banking crisis toppled Credit Suisse
Up to 35,000 UBS and Credit Suisse jobs at risk, SWI swissinfo.ch The megabank created by the UBS takeover of Credit Suisse is reducing its global workforce by 20-30% or between 25,000 to 36,000 positions. This is according to the Sonntags Zeitung newspaper, citing an unnamed senior UBS manager. This was interesting in the US. According to CNBC Markets (Elliot Smith, three issues were occurring and pushing Credit Suisse to the brink of...
Read More »National Foreign Direct Investment Data
National FDI Data Detail Just some Information to throw around. Ten States Leading America’s FDI Manufacturing Workforce, globalbusiness.org and here National FDI Data – GBA globalbusiness.org (see chart to the right). The article declares there are ten states which are benefiting the most from Foreign Direct Investment (FDI). This is taken from a pitch in Global Business which was also picked up in DBusiness (Detroit). “In the past...
Read More »Exploring the Consumer and Environment Issues
With the exception of the One-handed Economist, quite a few of these consumerism and environmental articles show up in my In-Box. Some of them are actually quite good. In the past I did have some of them my In-Box Post. I thought this time I would break them out separately. Most of the are from Treehugger and Consumer Affairs. Consumerism: What is credit and how does it work? ConsumerAffairs, Jessica Render. People are getting credit from...
Read More »Child labor laws are under attack in states across the country
This is a mixture of my comments and comments pulled from multiple sources (BLS, Cosmopolitan, , Why do Child Labor Laws Matter? Federal laws provide a minimum of protections for child labor. The laws were enacted nearly a century ago in reaction to children being exposed to dangerous activities. Edwin Markham “Child at the Loom.” Cosmopolitan There was a time in this country when young children routinely worked legally. As industry grew in the...
Read More »The Fed’s New Supply Chain Pressure Gauge just went Negative
Putting on a different hat today. My background includes supply chain management. I am look at what the industry experts are seeing and whether I agree with them. Much of what I have seen over the last two years is a repeat of 2008. We again are late to beginning issues. And again, we are waking up late to the beginning of the end of the same issues. No Cassandras amongst us. Good article . . . The Fed’s supply chain pressure gauge just went...
Read More »Macron Bypasses Parliament With ‘Nuclear Option’ on Retirement Age Hike
Dale Coberly talking about the French President Macron forcing retirement reform and what could result if US Social Security is paid for by taxes on the rich in income. Macron Bypasses Parliament With ‘Nuclear Option’ on Retirement Age Hike, commondreams.org, Jessica Corbett [The following is copied from article cited in link, with some editing by me. My short comment is below.] “Amid protests against French President Emmanuel Macron’s...
Read More »The IMF’s Position in a Fragmented Global Economy
by Joseph Joyce The IMF’s Position in a Fragmented Global Economy Ten years ago Cambridge University Press published my book, The IMF and Global Financial crises: Phoenix Rising? I had written a series of journal papers on the IMF and used the format of a book to summarize what I had learned about the Fund. I also made some evaluations and projections about the IMF and its reputation; a decade later, how has the IMF done? The book reviewed...
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