The Feds are still feeding the Inflation fire. They might taper off on their bond buying spree but still plan to keep interest rates near zero. Meanwhile Republicans want to blame Democrats for raising the debt ceiling to make room for more fuel. Wall Street seems to have overcome its China angst, for now. It’s
Wall Street took a deep dive yesterday on news from China. Investors are afraid China’s biggest property developer, Evergrande Group, won’t be able to make payments on its debt. If that happens the company could collapse like Lehman Brothers in 2008 and take the economy down with it. To make matters worse the Wall Street
A new book by Bob Woodward and Robert Costa claims Joint Chiefs of Staff Chairman Gen. Mark Milley told his Chinese counterpart, “If we’re going to attack, I’m going to call you ahead of time. It’s not going to be a surprise.” A month ago an Afghan family was surprised by a U.S. drone strike that killed
After repeated intimate exposure to Bokbluster, I decided to self-quarantine for the summer. But now I’m back. While away I still drew cartoons for paying customers and will spend the fall backdating the ones I liked. This one is from shortly before the California recall election. A white woman in a gorilla mask threw an
Cyber-hackers, known as DarkSide, broke into the Colonial Pipeline’s computer system. Once inside they encrypted the operating system and held the company hostage. That was a big deal because Colonial pumps refined fuel from the Gulf to the eastern United States. Gas prices immediately skyrocketed and people lined up 1970s style. Some stations even had
I get why people would stock up on gas after the cyberattack on the Colonial Pipeline. But the toilet paper thing during the pandemic I never quite figured out.
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Conventional wisdom said there could be no peace in the Middle East until there’s peace with the Palestinians. The Trump Administration did an end run around conventional wisdom and brought peace by signing the Abraham Accords . However, Iranian proxy Hamas had other ideas and fired over 3,300 rockets at Tel Aviv and Jerusalem from
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