The deal reached on Sunday between Russia, Saudi Arabia and other oil producing nations is not enough to solve the oil price problem. Cutting 9.7 million barrels a day is not enough to save the American shale oil companies. The pandemic has reduced oil consumption so much that the deal won’t be enough to stabilize… Read More Mexico: The Unexpected Oil Deal Winner
The unprecedented economic shutdown over the last month or so is, hopefully, about to end. The question is, what will it take to recover? Many are hoping and relying on the government to step up and offer help. But the economic chaos is going to take much more than government intervention to recover the economy.… Read More The Back 2 Work Plan
I hope you enjoy RumpToons No: 180!
The controversy about voting via mail that is intensifying as the pandemic continues to interfere with the upcoming elections. Donald Trump has made his position clear, mail-in ballots are “fraudulent” without providing proof. Republicans seem to generally oppose mail-in ballots while some Democrats are actively pushing for them. The central issue seems to be that… Read More Why Are Americans So Afraid Of Mail-In Ballots
The news media has been on a disruptive curve from the moment news consumers realized that the internet provides instant information. Many news outlets have either evolved, gone out of business or are trying to survive. Pleas for money has become the norm in the news media industry. The internet has disrupted many business models.… Read More News Media Cuts And Pleas For Money
Many Americans decry the exporting of manufacturing jobs to other countries – namely China and México. Their argument being that Americans should have the jobs to make the products people need. Never mind that American labor is much more expensive causing the products to cost more. These same complainers about the state of manufacturing jobs… Read More Riddle Me This About N95 Masks
Almost everyone is under stay-at-home orders and when it will end is still up in the air. Most businesses remain closed. Workers are without jobs and many wonder if there is a job waiting for them. So why is it time to get to work? Easy. Because it is time to prepare for when the… Read More The Time To Get To Work Is Now
Those readers that are surprised by the high unemployment filings reported by the government on last Thursday have clearly not been paying attention. The numbers are the result of workers not working. The obvious culprit is COVID-19. The labor market is collapsing. Make no mistake about that. Goldman Sachs has updated its model and now… Read More The Corona Unemployment Numbers
I hope you enjoy RumpToons No: 179!
I am a numbers guy. I like to understand issues by analyzing cold facts. The Covid-19 crisis is no different. Unfortunately, during any emergency most people are looking to make a buck. Either by offering hyped up news to bring eyeballs to the news media or hawkers trying to sell masks or dubious remedies for… Read More Covid-19 By The Numbers
Many of you may have noticed that the price of gasoline has gone down considerably over the last few weeks. Readers may be tempted to believe that the Corona Virus as the cause of the low prices of gasoline. It is part of the reason because of reduced consumption. However, the low price of gasoline… Read More The Oil Economy Disaster Under Corona
Many readers are anticipating the stimulus checks that are expected to begin arriving in bank accounts in the next few weeks. The $1,200 for most taxpayers is welcome relief for the current financial crisis. But it is important to note that the money isn’t free. The stimulus checks are officially a credit for 2020 taxes.… Read More For Most The Stimulus Checks Are Not Free Money
There are many who argue that undocumented immigrants do not pay taxes and are a burden to American taxpayers. Many also argue that America does not need immigrant labor. But the facts betray these assertions as lies. Let’s see how the Internal Revenue Service (IRS) feels about the undocumented immigrants. In 1996, the IRA created… Read More Undocumented Immigrants Sustain The Country
On Saturday, March 28, 2020, the Mexican Air Force with the help of Mexico’s Foreign Relations Department evacuated 134 Mexican citizens from Cuba. The Coronavirus COVID-19 had stranded the Mexicans in Cuba. The air force flew a Boeing 737-800 to Cuba. In addition to returning the stranded Mexicans, the air force flight also returned 39… Read More Mexican Air Force Evacuates Mexicans From Cuba Due To Coronavirus
I hope you enjoy RumpToons No: 178!
Typically, the government creates two standards of people, those it deems worthy and those it does not. This is the case in the legal system where those with money can buy themselves out of jail benefits and immigrants who are rounded up while at work while other immigrants who disrobe for magazines qualify for Einstein… Read More All Workers Are Essential Notwithstanding Government Orders
Many taxpayers are excited to know that Congress is on the verge of sending each American taxpayer about $1,000. As of 5:00pm, eastern time yesterday, Congress was still arguing over some details about the Coronavirus Aid, Relief, and Economic Security (CARES) Act. However, it seems that the proposed $1,200 checks for individuals and $2,400 for… Read More Important Questions About The Proposed Stimulus Checks
Donald Trump is singularly focused on the American economy and not the Corona pandemic. The reason is self-preservation. As we have been discussing, America has changed. It is no longer will the American economy change but how much has it changed. The Corona virus has hurt workers and businesses alike. But its silver lining, at… Read More It Is The Economy…
America and the rest of the world is an economic crisis. Most of us understand this. For the politicians, the economic crisis is about the November elections. For the rest of us it is about how we are going to deal with the added expenses of keeping kids home and, for some of us, having… Read More My Debt Moratorium Proposal As A Stimulus Package
We are amid major changes in the global economy and the way we live our lives. Those of us that have lived through the currency devaluations of our countries or other major economic changes mostly understand what is to come. We have lived economic chaos before. Most Americans do not understand how lives will change… Read More The Age of COVID-19
RumpToons No: 177 under the Corona pandemic.
If the Corona emergency has proven anything it is that companies need to be ready to deal with displaced workforces. Companies have been on the quest to reduce costs by replacing workers with technology. Along the way, they have neglected decentralizing work forces to deal with emergencies. Anyone that has entered a McDonald’s recently understands… Read More A Decentralized Workforce Is The Future
One of the controversial things about neoliberalism that Ronald Reagan championed, and that NAFTA embraced is the debate that trickle down economics is a failure. The argument that trickle down economic doesn’t work is based on a misleading argument. Trickle down economics do not work is the prevailing argument. The individuals who embrace this notion… Read More Trickle Down Economy
Let’s take a quick break from the doom and gloom of the Corona Virus pandemic. Today, I just want to share a few cartoons to, hopefully, bring a smile to your faces during these chaotic times. Enjoy these cartoons courtesy of Cagle Cartoons. I will return to my regularly scheduled posts tomorrow. Be safe!
Yesterday we looked at what I have dubbed the toilet paper economy. In my post I opined that the hoarding of toilet paper signifies that U.S. consumers have lost confidence in the economy. But as I contemplated this some more, it became obvious to me that it all leads back to Donald Trump. Americans have… Read More Americans Have Lost Confidence In Their Government
The Corona Virus has exposed a very American fear – the fear of running out of toilet paper. Americans are hoarding toilet paper. Why, is the question many are asking as toilet paper is plentiful across the country. It is easy to blame it on the Corona Virus. But the hoarding of toilet paper gives… Read More The Toilet Paper Economy
I hope you enjoy RumpToons No: 176!
During the last two posts we have looked at how slavery was part of the founding of America and how that translated into creating two sets of Americans, the minority elite and the rest of the Americans who believe that in America everyone is “equal”. It is the lie that is perpetuated across American schools… Read More The Electoral College Is About Keeping the White Minority In Power
The Texas Revolution was about a small ragtag group of people intent on avenging their dead at the Alamo while protecting their way of life from an onslaught of a bloodthirsty invading army trying to kill them. That is the gist of the history taught in American schools today. Thousands of visitors visit the Alamo… Read More The Texas Revolution Was About Slavery
American schools teach that America was founded on the ideal that “all men are created equal”. It is the fundamental thing taught in schools. But it is a lie. The truth is that America was founded on the principal that a white-dominated America is what makes America great. This is a difficult truth to swallow… Read More America Was Founded on Slavery
This week’s posts are going to be a difficult read for many because it involves an uncomfortable topic. But it must be discussed in order to understand what is going on America today. America was never about equality regardless of what is taught in American schools. America was founded on the belief that White Anglo… Read More Slavery In America A Four-Part Series
Today, Mexican women are expected to show what it would be like to have a world without women. A day without women has been declared for today in México. Women have been asked to participate by staying off the streets, not going to work and not buying anything during the day. The national strike is… Read More Women, Violence and AMLO
I hope you enjoy RumpToons No: 175!
Pew Research published a report on Wednesday pointed out that “one-in-ten” voters in this year’s U.S. presidential election are immigrants. The publication stated that most (61%) of the newly minted voters (23 million) live in five states. Will they influence the presidential election? Because of Donald Trump’s war on immigrants, that is an important question… Read More The Immigrant Voters
Since 2016 there has been an ongoing narrative that the Latino vote was about to make a difference. It hasn’t and it won’t no matter what pundits believe. The problem is two-fold. First, the Latino vote is not monolithic. Second, Latinos are notorious for not voting. So why does this false narrative persist? Because the… Read More The Illusive Latino Vote
Super Tuesday 2020 is over, although there are pending electoral counts to be completed. The outcome is clear, the Democratic Party electorate does not want a “revolution,” rather they are looking at who can beat Donald Trump in November. The winner should not surprise anyone. Joe Biden is the clear winner and the heir apparent… Read More Super Tuesday 2020 Winner and Losers
Today is Super Tuesday. There are 1,344 delegates up for grabs for those seeking the Democratic Party nomination. The 14 states voting today, include California’s 415 delegates and Texas’ 228 delegates. By the time the dust settles, the five, or six (if we count Mike Bloomberg as viable) Democratic Party pretenders will be whittled down… Read More Super Tuesday 2020
The Democratic Party delegate race heated up Saturday night when Joe Biden scored all the delegates up for grabs that night. Biden’s decisive win in South Carolina shows that the Democratic nominee will be selected by traditional party politics. Much has been made about Bernie Sander’s “revolution” and Pete Buttigieg’s emergence as the unlikely candidate… Read More Democratic Party Delegate Race Heats Up
I hope you enjoy RumpToons No: 174!
One of my business’ biggest revenue sources is social media content creation. At Cognent, we are hired by clients to help them create content and manage their social media channels. We tell our clients, content is king. The more high-quality content the greater the engagement from the individuals they want to target. But quality content… Read More Bloomberg And Paying For Likes