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Jim Cramer lost it over interest rates, must be the Fed can’t deal with all the growth.

Dream Girl Anniversary

Freaking Out Over Trad Dream Girl

On To The Next Party

Put That Camera Down

Lunch Lady Lectures About One Version Of The Truth Regarding Racism

Possibly a White Supremacist

10 Day Countdown For Russia

Aunt Bea is Miffed

https://www.zerohedge.com/geopolitical/step-towards-war-kremlin-slams-trump-threats-unleashes-more-deadly-missile-attacks

Medvedev warned: “Russia isn’t Israel or even Iran” and thus that “Each new ultimatum is a threat and a step towards war. Not between Russia and Ukraine, but with (Trump’s) own country.”

America’s own loudmouth hawk later in the day Monday responded with his own challenge pushing back. Here’s what the senator from South Carolina said on X:

“To those in Russia who believe that President Trump is not serious about ending the bloodbath between Russia and Ukraine: You and your customers will soon be sadly mistaken. You will also soon see that Joe Biden is no longer president,” Lindsey Graham said, adding: “Get to the peace table.”

 

 

I Wanna Get Fcked By A Big American Nuke

https://www.zerohedge.com/geopolitical/north-korea-demands-us-recognize-it-irreversible-nuclear-power

North Korea is demanding that the United States recognize it as a permanent nuclear power, according to the latest words of Kim Yo-jong, the powerful sister of North Korean leader Kim Jong-un and a senior official in the country’s ruling Workers Party.

She was commenting Tuesday through the state-run Korean Central News Agency (KCNA) on the possibility of renewing diplomatic talks with Washington, and laid out that any future negotiations must begin with a clear acknowledgment of North Korea’s “irreversible” status as a nuclear-armed state.

Kim warned further that attempts to deny this new reality “will be completely rejected” and stressed the country remains resolute and ready to defend itself in any situation.

Any future talks must be premised on the fact that Pyongyang’s capabilities and the geopolitical environment had “radically changed”. This new reality must be the basis for “everything in the future,” she said. 

“Any attempt to deny the position of the DPRK as a nuclear weapons state, which was established along with the existence of a powerful nuclear deterrent and fixed by the supreme law reflecting the unanimous will of all the DPRK people, will be thoroughly rejected,” Kim said.

 

 

Republicans: We Gotta Keep The Communists Funded

Will Rs Give Up The Cuts?

https://www.zerohedge.com/political/doge-says-it-has-helped-save-nearly-200-billion

According to DOGE’s website, its activities have led to an estimated $199 billion in savings so far, roughly $1,232 per person, according to an update issued on Saturday and reviewed by The Epoch Times.

DOGE said 12,426 federal contracts have been terminated, worth about $53 billion, while 15,488 grants totaling $44 billion have been canceled so far.

About $140 million was saved through 384 federal lease terminations, according to the DOGE website.

DOGE wrote in a July 26 X post that agencies terminated 141 “wasteful contracts” that have an estimated “ceiling value” of $5.1 billion, saving $498 million.

That included a U.S. Agency for International Development (USAID) contract for a health security advisory in Senegal and a $1.4 million Department of Health and Human Services contract for professional services in Rwanda, DOGE said.

 

$20 Min Wage Destroyed 18,000 Restaurant Jobs in CA

https://www.zerohedge.com/personal-finance/californias-20-minimum-wage-killed-18000-restaurant-jobs-new-study-finds

A new study suggests that California’s $20 minimum wage policy has led to the elimination of approximately 18,000 jobs in the restaurant sector. The report attributes these job losses directly to the increased labor costs imposed on businesses.

Restaurants, particularly fast-food establishments, responded to the higher wage floor by reducing staff, slowing hiring, or increasing automation. Businesses faced pressure to offset the rise in operating expenses.

Professors Jeffrey Clemens, Jonathan Meer, and Olivia Edwards recently put out a working paper for the National Bureau of Economic Research (NBER) that demonstrates some adverse effects of minimum wage laws.

The paper covers California’s 2023 law, which enacted a $20 minimum wage for restaurants that had at least 60 locations in the US.

This was a significant increase from the fast food minimum wage for California, which had been $16 (though some localities had higher minimum wages). They examine the impact of the law on employment and find:

Fast food employment in California had declined by 2.64 percent, whereas employment in non-minimum-wage-intensive industries had increased by 0.58 percent. This contrasts with the rest of the United States, where fast food restaurant employment had increased marginally while employment in all non-minimum-wage-intensive industries had risen by one percent.

The authors estimate that the negative employment effect is anywhere from -2.3 to -3.9 percent, (as compared to all states, or just to states with no minimum wage changes). Relative to a world where California did not increase the minimum wage, 18,000 jobs were lost. 

 

 

 

Jamaican Illegal Alien working as a cop in Maine

Florida Deporting Illegals Too Quickly?

Thune WIll Not Cancel Recess To Pass Trump Appointments

What Will We Do Without WaPo Performing Fact Checking?

Cramer’s A Little Frustrated Because Economy Is So Good and The Fed is SO BAD

Harvard Settles with Trump for 500 Million

Turns Out The EU Didn’t Have The Cards Either

Turns Out The EU Didn’t Have The Cards Either

Korea Proposes MultiBillion Deal with US

https://www.zerohedge.com/markets/korea-pitches-multibillion-dollar-make-american-shipbuilding-great-again-us-tariff-deadline

South Korea is reportedly proposing a multi-billion dollar deal with the United States aimed at revitalizing American shipbuilding. This offer comes as the U.S. faces a deadline for potential new tariffs or trade measures.

The proposal seeks to leverage Korean expertise and investment to bolster U.S. shipbuilding capabilities, aligning with an “America First” or “Make American Shipbuilding Great Again” agenda. This could involve technology transfer, joint ventures, or direct investment in U.S. shipyards.

The timing of the proposal, potentially influenced by looming U.S. trade policy decisions, suggests a strategic effort by Korea to strengthen economic ties and potentially mitigate future tariffs. The deal would represent a significant collaboration in a critical industrial sector.

1.1 Trillion Estimated To Meet US Grid for 2030. But Invest in What?

https://www.zerohedge.com/energy/electric-utilities-will-invest-more-11-trillion-2030-meet-demand-growth

Electric utilities in the U.S. are projected to invest over $1.1 trillion by 2030 to meet the escalating demand for electricity. This massive investment is driven by factors such as increased industrial activity, electrification initiatives, and the surging power requirements of data centers and AI.

The significant capital expenditure is necessary for upgrading and expanding grid infrastructure, including new power generation, transmission lines, and distribution networks. This highlights the immense financial and logistical challenges in modernizing the nation’s energy system.

The forecasted investment underscores the urgency to address growing power needs to avoid potential supply shortfalls. It also points to the direct economic impact of technological advancements like AI on the energy sector.

Much of the investment is going to meet rising demand from data centers. While predictions for AI-related load growth vary, EEI’s financial review cited a McKinsey study predicting data center demand will rise about 20% annually from 2023 to 2030, from 60 GW today to 170-220 GW. Depending on factors, demand could even reach 300 GW, the McKinsey analysis said.

 

 

Transformer Wait Time: Increase from 50 to 120 weeks

https://www.zerohedge.com/energy/overlooked-vulnerability-could-cripple-americas-power-grid

    • U.S. transformer wait times have ballooned from 50 to 127 weeks, crippling grid resilience in the face of wildfires, storms, or attacks.

    • The Build America, Buy America Act and global demand for transformers have limited supply, with domestic production covering only 20% of needs.

    • Experts warn that the grid remains dangerously unshielded from electromagnetic pulses—natural or man-made—which could lead to catastrophic blackouts.

Electric transformers aren’t something most people think about unless one attached to the power lines serving their home or business is damaged, resulting in a power outage. Most of the time, power comes back on quickly, indicating that the transformers were not the problem. It takes longer to replace a transformer damaged beyond repair.

 

$600 Rebate From Tariffs

Charles Payne: Economy Growing

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