California authorities say migrants flown to Sacramento have links to Florida

Via: Nerm_L  •  News Viners  •  30 Comments  •  5 Likes  •  3 minutes ago

“Gavin Newsom and California's attorney general said they had met with the group of migrants.”

Colombians and Venezuelans illegally crossed the border into Texas, somehow ended up in New Mexico, and were flown to Sacramento.  So, naturally California AG Rob Bonta is investigating Florida because DeSantis.  And the story is being reported from Tallahassee, Florida? Guess this wasn't a self...

Here's why the US doesn't have to pay off its $31 trillion mountain of debt, according to Paul Krugman

Via: Nerm_L  •  News Viners  •  77 Comments  •  3 Likes  •  2 weeks ago

“The US government doesn't have to pay off its $31 trillion debt, Paul Krugman said.”

He's baaack!  Paul Krugman is arguing a technicality in a way that deliberately misleads.  That's a favorite for barroom bets and neoliberal flimflams.  The Federal debt is not a loan.  The debt consists of notes, bills, and bonds that have been sold.  The money obtained from the sale of...

Cheap Chinese Electric Cars About to Upend the US Vehicle Market

Via: Nerm_L  •  News Viners  •  1 Comments  •  1 Like  •  2 weeks ago

“After mastering quality and pricing on electric cars at home, China's biggest brands are ready to take on the American electric-vehicle market.”

The old fashioned industrial economics of Maynard Keynes still works.  Earn market share with quality and price.  Chinese auto makers won't become bankers to sell their products.  They'll focus on affordable vehicles rather than become lenders so people can buy their unaffordable vehicles. What...

Congressional Democrats beg Biden to nullify their existence

Via: Nerm_L  •  News Viners  •  3 Comments  •  5 Likes  •  2 weeks ago

“Default, after all, is not a denial of the validity of debt, but rather a refusal or failure to pay debts in time despite their validity.”

The full faith and credit of the United States is in Chuck Schumer's hands.  The House has passed a bill to address the debt limit.  What has the Senate done? The debt limit cannot be raised without the Senate.  Biden and McCarthy can negotiate all they want but that won't raise the debt limit....

Bioethicists: Euthanasia Okay for ‘Unjust Social Conditions’

Via: Nerm_L  •  News Viners  •  15 Comments  •  1 Like  •  3 weeks ago

“I’ve applied for MAiD essentially because of abject poverty”

Here's how 'pro-choice' politics turns into something monstrous.  When death becomes a prescribed treatment then what is the motivation for medical practitioners to protect life?  Prescribing death for a terminally ill patient may have some rational justification.  But prescribing death to...

White House Surprised by Lack of Support for Its Debt Stance: Report

Via: Nerm_L  •  News Viners  •  22 Comments  •  4 Likes  •  3 weeks ago

“Biden faces increasing pressure to work out a deal”

While the distraction machine furiously chuffs away, a Biden created crisis looms on the horizon.  Biden's 'no negotiation' approach has been widely rejected.  Maybe Biden's song and dance is supposed to hide what's coming.  But Biden's soft shoes aren't protecting his feet from the fire. The...

If U.S. debt ceiling isn't raised by deadline, what does default mean?

Via: Nerm_L  •  News Viners  •  23 Comments  •  2 Likes  •  3 weeks ago

“Economists warn of worst-case outcomes should Congress fail to raise the federal borrowing limit by the "X-date" deadline”

The full faith and credit of the United States rests in Chuck Schumer's hands.  Whatever happens depends to a very large extent on the choices Chuck Schumer makes. The House has passed a bill addressing the debt limit and moved that bill to the Senate.  Now it's up to the Senate to do something....

Redheads Have Been Scarlet Underdogs Throughout History

Via: Nerm_L  •  News Viners  •  16 Comments  •  4 Likes  •  3 weeks ago

“From barbarians to witches, redheads have had to endure an unfounded fiery journey of objectification and abuse.”

Ginger.  Ranga.  Judas.  Witch.  Barbarian.   Red hair is the smallest readily recognizable minority on the planet.  Blonds are only slightly more prevalent.  Needless to say they cannot avoid attracting a lot of attention (unless they dye their hair but it's still not easy to hide that oh, so...

KJP roasted for comparing debt ceiling debate to monthly car payment: 'So how about student loans?'

Via: Nerm_L  •  News Viners  •  1 Comments  •  5 Likes  •  4 weeks ago

“If you buy a car youre expected to make payments”

Jean-Pierre displays the complete and utter incompetence of the Biden administration.  The people in charge don't know how any of this works and are trying to baffle the American public with bullshit. Hey, KJP, if the debt limit was really like making mortgage payments or car payments then why...

Biden, McCarthy face serious time crunch to reach debt ceiling deal

Via: Nerm_L  •  News Viners  •  11 Comments  •  3 Likes  •  4 weeks ago

“The House and Senate each have roughly a dozen working days left before Treasury Secretary Janet Yellen's June 1 default warning.”

Biden will  be out of the country for a week.  The Senate will be taking a week recess without having done anything.  Chuck Schumer will waste some of the available time on public hearings on the House bill trying to influence public opinion.  And it's all Republicans' fault? The Republican...