How Ron DeSantis Let Billionaires Destroy Florida
https://www.youtube.com/watch?v=SDNJXvQpe9g&ab_channel=MorePerfectUnion
#Florida #Governor and U.S. presidential #candidate #Ron #DeSantis has raked in #millions of #dollars—and even a golf simulator—from wealthy #corporate #interests. At the same time, he’s #stripped #protections from #renters, let #insurance & #utility #companies #hike #rates, and #cut #taxes on the #wealthy. Jason Garcia exposes his real record.
#florida #governor #candidate #ron #desantis #millions #dollars #corporate #interests #stripped #protections #renters #insurance #utility #companies #hike #rates #cut #taxes #wealthy
Better question: everyone - politicians, economists, bankers, real estate agents, the general Canadian public - knew in 2022 that #interest rates were going to rise significantly. In fact, they'd already started going up.
So why did they take out a variable-rate #mortgage? Sure, it chopped a few dollars off their payments as long as rates stayed low, but not a huge amount, and doing so exposed to them to the large #risk of rising #rates.
How is this not poor #planning?
#interest #mortgage #risk #rates #planning
#BBCNews - #UK interest #rates expected to rise for 14th time in a row
https://www.bbc.co.uk/news/business-66384289
The banking giant #HSBC says its #profits have more than #doubled as it benefited from rising #interest #rates around the world. Europe's largest bank reported profits before tax of almost $22 billion - up nearly13 billion dollars on the same time a year earlier. The lender also saw its profits further boosted from its purchase of the UK arm of the now-defunct Silicon Valley Bank, which it bought in March for just over a dollar.
#BBCWorldService news
#hsbc #profits #doubled #interest #rates #BBCWorldService
BBC News - #UK #inflation and interest #rates high - how do other economies compare?
https://www.bbc.co.uk/news/business-66269947
Are big changes coming to #California electric bills? - CalMatters https://calmatters.org/california-divide/2023/07/electricity-bills/ #CAEnergy #Electricity #CPUC #Rates
#california #caenergy #electricity #cpuc #rates
Republicans screaming recession for 3+ years was my signal to go all in. My investments are up 220% this year.
Still waiting for the hurricane.
#republicans
#recession
#unitedstates
#economy
#investing
#stocks
#crypto
#cryptocurrency
#bonds
#inflation
#employment
#rates
#republicans #recession #UnitedStates #economy #investing #stocks #crypto #cryptocurrency #bonds #inflation #employment #rates
But large investor-owned #utilities, with legions of #lawyers to help them evade scrutiny, bake many of their #political costs into #rates right alongside their #investments in #electrical poles and wires.
Free to read:
https://www.nytimes.com/2023/07/05/opinion/utility-bills-clean-energy.html?unlocked_article_code=jJcsS21G5aRoIuY-YTRd_S_e5ms-d-cvMubltRam6gLmTRF8mboNrX3Yy-OsYTywfnyr5_i5UA4NGq9HcIIxTurS9TsI3Gu6XpkQRh3-I1ZUTQAPlk64joRfr5JsWYAopvj9w-75SWTnbo2xR55DxtwpDhouK4teV5nmzWISE6SrlgN-FtemVk10bvf5IQoUN5zNl5y2yql-GzTyxUdRZLrB-eH9tyI9dtm8MH15WeyH-g5vUeZ0kQsTYUaaxPBViXYmOe5wyXssf3mt0EuJAop7wuDQnBGqRWGca_XoWaj3bunCe2uKjAjWDgTkz7u2HUfUJuqoejJ-Ap6hec7jge474hE&smid=url-share
#utilities #lawyers #political #rates #investments #electrical #obliviousconsumer #fossilfuelsubsidies #businessasusual
We may be looking at a series of bankruptcies or pennies on the dollar acquisitions for web 2.0 companies.
#reddit, #twitch and in a way #twitter all announced changes that were overwhelmingly poorly received by their users.
Each of the above grew massively in the 2010s when interest #rates were low and #VC money plentiful. This is no longer the case in 2023 and geniuses like /u/spez can no longer operate on other's money.
It's not greed, it's desperation and bad investments.
#vc #rates #twitter #twitch #reddit
EBMUD announced that it will adopt new service rates for customers starting July 1, with additional increases to be made in a year. Customers can expect changes in their water bill.
https://alamedapost.com/news/ebmud-raises-water-and-wastewater-usage-costs/
#ebmud #rates #water #alameda #inflation #utilities #EbmudBoard #UsageCosts #wastewater #RateIncrease
#ebmud #rates #water #alameda #inflation #utilities #ebmudboard #usagecosts #wastewater #rateincrease
OK, #mukeshambani said it first!! #data is the #new #oil. Mebbe, that's the reason #ambani priced the #jio #internet at "rock bottom" (a mixed metaphor which has connotations to both data and oil), #rates.
More the reason why we shouldn't simply let #bigtech have our #data "just like that".
As I point out here, https://rammohansusarla.in/2021/12/06/with-data-being-the-new-oil-the-emerging-digital-age-would-spur-battles-over-data-as-the-new-frontier-for-businesses/
"pause to check" the #fineprint, the next time your fingers are twitching to view #kimkardashian's pictures, or are even simply #scrolling on your #smartphones.
#mukeshambani #data #new #oil #ambani #jio #internet #rates #bigtech #fineprint #kimkardashian #scrolling #smartphones
Rates will soon be high
Anchoring inflation low
BOE's thirteen steps
#bankofengland #rates #inflation #economy #haiku #poetry
This country needs a 21st Century Fairness Doctrine. It is not impossible to require companies to publish facts, not fiction as facts. We *can* make the news the news again. Holding social media companies accountable to protect speech and prevent hate speech is do-able.
#twitter #hellscape #dangerous #place for #gays #really ? #shocking #news #never #would #have #guessed #glaad #ranks #rates #social #media #companies for #LGBTQ #safety & #freedoms https://www.usatoday.com/story/news/nation/2023/06/16/glaad-social-media-safety-index-report-platforms/70328237007/
#twitter #hellscape #dangerous #place #gays #really #shocking #News #never #would #have #guessed #glaad #ranks #rates #social #media #companies #lgbtq #safety #freedoms
Why Bitcoin’s resistance to retesting the $25K support could be futile - Bitcoin price continues to explore the lower regions of its tradi... - https://cointelegraph.com/news/why-bitcoin-resistance-to-retesting-25-k-support-is-futile #markets #deribit #options #gensler #basis #rates #skew
#skew #rates #basis #gensler #options #deribit #markets
The Bank of Canada raised their rates
To their highest score in twenty-two states
It's a sign of their might
To keep inflation in sight
But key overnight rates are still quite great
#bankofcanada #economy #rates #inflation #limerick #poetry
https://www.reuters.com/markets/rates-bonds/bank-canada-hikes-rates-475-highest-22-years-2023-06-07/
#bankofcanada #economy #rates #inflation #limerick #poetry
Actually, I want to do a #study of #regret #rates for #HarryPotter-themed #tattoos #versus regret rates for #gender confirmation #surgeries, #because my #naive suspicion is that the former are considerably higher at this point. :antifa_100:
#study #regret #rates #harrypotter #tattoos #versus #gender #surgeries #because #naive
NW #China’s #Shaanxi #education authority warns #schools over rising #COVID-19 infection #rates, https://www.globaltimes.cn/page/202305/1291346.shtml
#china #shaanxi #education #schools #covid #rates
"If you think that #corporate #profits might be what's driving #inflation and not #people's #wages or #supply #shortages or the #price of #gas or what-have-you, you'd be 60% right!
This #podcast makes the case that outrageous corporate profits are #responsible for 60% of the inflation we're currently contending with, and that instead of pretending that the only way to fight inflation is to increase #interest #rates, the #Fed could cut inflation by 60% overnight with a windfall #tax on obscene corporate profits"
#corporate #profits #inflation #people #wages #supply #shortages #price #gas #Podcast #responsible #interest #rates #fed #tax