Another huge day for news.
Let's start with this: B-1 bombers out of Grand Forks AFB now making regular runs along the coast of Venezuela.
That's interesting.
Other news we may or may not get to:
- traffic controllers not paid:
- American Airlines delays: 36% of take-offs -- 36%; the Dems said shutdown would last until planes start falling out of the sky;
- largest US union tells Dems to open government with "clear" continuing resolution --
- has always been the solution; for some reason it's different this time
- "for some reason" -- AOC, Bernie
- Texas banking: hotbed of M&A; who would have thought?
- Buffett: the emperor wears no clothes: others are now saying that
- Amazon slashing jobs: reasons not clear; reports later this week;
- China delays export action on rare earths; early reports suggest a year-long reprieve
- SOFI beats on earnings
- tech earnings season starts in earnest: first up -- GLW
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B-1 Bombers
Link here. Be sure to read the thread.
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Naval Presence In Caribbean
- swan song? for Admiral Alvin Holsey; wiki;
- usual tenure: two to four years?
- Holsey may get a full year in before he retires
- previous assignment: Holsey was commander of the Navy Personnel Command and Deputy Chief of Naval Personnel from 2021 to 2022.
- took command November 7, 2024
- US presidential election, November 5, 2024
- was he nominated by the autopen?
- USS Lake Erie (CG-70) joins armada
- guided missile cruiser; wiki;
- at least eight ships in the carrier group, could increase
- in the old days, we called these training exercises
- in the old days, Russia would respond
- it's being suggested 14% of entire US naval assets now in the Caribbean
- USS Gerald Ford carrier
- there's probably a bigger story here than just Venezuela
- Panama-China watching with interest
Speaking of autopens: US House "voids" autopenned documents -- I have no idea what that means;
- my hunch: allows President Trump leeway in interpreting actions signed with autopen
- probably nothing, however -- politics as usual
