Locator: 44767BLOOMBERG.
UN climate change scam: Trump pulls US out of this scam. Bloomberg will step in and fund it all. Interestingly enough, no dollar amounts provided and the press release suggests that Bloomberg won't go it alone; will call in other donors to help pay.
US foreign aid: all foreign aid stopped effective immediately including aid to Ukraine pending review. Two exceptions: military aid to Israel and Egypt and emergency food aid. I wonder if Bloomberg will step in to fund US foreign aid that is affected.
McDonald’s fries: I’m old enough to remember when and why McDonald’s switched from beef tallow to vegetable oil for their fries. 1990. And the “new” fries were awful though we got used to them over time. Now, beef tallow is coming back in vogue. Steak ‘n Shake apparently will be among the first to switch back to beef tallow. Prime influencer? None other than RFK, Jr.
Woke no longer: Target.
Coke:
Sacking 17 inspector generals: it's nothing new. Reagan did it. Biden did it. I think the formal
30-day notice to the US Congress will be dated today. At worse, thirty days from now, those fired will all receive 30 days of back pay, and resumes updated to show they held office through February 24. And then everyone moves on. Here's the list.
Moats: these twelve companies. Link here. The twelve: META, TSLA, NVDA, PLTN, TSM, ASML, AMZN, AXON, NET, AVGO, ISRG, AAPL.
Focus on dividends: it's hard to believe I missed this, but I don't recall posting it. OKE announced a 4% increase in its quarterly dividend, and for those whose cost basis for OKE has come down significantly, that 4% is a much more significant increase. Whoo-hoo!
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Presidential Spouses
Melania: is it just me or does the First Lady look more radiant than ever and seeming to enjoy her second time around? By the way, whom does she seem to be channeling? Think Audrey Hepburn in Breakfast at Tiffany’s. The hat tipped me off.
Michelle: lots of stories on X about the Obama couple. I have no idea, but it's often said, where there’s smoke, there’s fire. In this case, I guess the smoke would be social media, and the fire would be a certain Hollywood actress. As long as she gets to keep her four houses, including the one in Hawaii, I doubt Michelle cares a whole lot, one way or the other.
Jill: just think. Michelle and Melania both had eight years in the White House. Jill: four years with a lot of that on the Delaware beach.
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Welcome To My Life
From The New Yorker: