Monday, November 27, 2023

Best Political Speech Today -- President Biden On Supply Chain -- November 27, 2023

 Locator: 46187POLITICS.

As an investor, I always used to dread Obama speeches mid-day. 

Thanksgiving dinner, 2023: fourth least expensive Thanksgiving meal since records kept. Not trivial. Haven't seen that reported before.

Container ships off the coast of Los Angeles: the backlog has completely disappeared.

Biden: junk fees now illegal. Not trivial.

Biden: I agree completely with Biden's comments on "price gouging." Exhibit A, least expensive, generic white bread:

  • Albertson's: $1.88 (46% more expensive than Walmart's shelf price)
  • Target: $1.38
  • Walmart: $1.29

Biden: very clever -- using the Defense Production Act to consumers' advantage.

Biden: I love it when Biden goes off-script. 

American Enterprise Institute: sickening. Very disappointing. More and more, I find myself disconnected from the thinking of AEI. I’ve long given up on MAGA.

Romney: lately in the news -- his comments on whom he would support in the 2024 presidential election. I understand exactly from where Romney is coming.

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A Most Interesting Cover
for The New Yorker

See if you can see the "what bothers me" about this cover.

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