I’d be lying if I said this man doesn’t evoke my contempt.  But I have other emotions here that are actually positive.

One is pity.  As the meme begins, “How sad it must be.”  We don’t know how he was raised, but it probably didn’t involve private education, genteel parents, lots of reading, golf lessons, smart friends, and a four-year stay at a liberal arts college.  This is what happens when a country commits itself to underfunding education for decades on end, and because of that, he’s not entirely to blame for how he turned out.

Another emotion, strangely, is hope.  The United States has come close, both in 2016 and 2020, to having Bernie Sanders in the White House.  What would this country be like under those circumstances?  Well, for one, a great deal of resources would be placed on improving the quality of public education, minimizing the number of poor slobs like this guy in the red hat.

Isn’t Pope Francis a wonderful counterbalancing force to the hatred and ignorance we find all around us?

Makes one wonder what life on Earth would be like if we had national leaders such as this giant of the spirit.

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Only 22 percent of Americans say they support those protesting the stay-at-home orders.  Despite Trump’s messaging, even Republicans oppose the protests 47 percent to 36 percent. Asked whether they agree or disagree with Trump’s “LIBERATE” tweets, only a quarter of Americans say they agree. (more…)

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This is a temporary anomaly in the oil market, brought on by the dramatic reduction in demand due to the pandemic, and the fact that those buying oil at this point have to pay handsomely to store it. In any case, what Reich says is 100% correct.

There are several vectors conspiring against the oil industry, and the coronavirus is only one.  Electric transportation and ramping environmental concerns are in the process of eating this sector alive.  The divestment movement is driving up their cost of capital as well.

ExxonMobil common stock was trading at $87 five years ago; now it’s at $41. People are upset that they can’t get haircuts?  There’s one for you.

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Television journalist Piers Morgan, co-host of the U.K.’s Good Morning Britain, is a “personal friend of Donald Trump,” and has certainly been an important supporter.  Up until now, that is.

Check out this fantastic video, in which Morgan calls out the American president for his egregious butchering of the coronavirus pandemic. (more…)

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From Forbes:

There’s a potential risk for automakers that have aligned themselves with President Trump’s attempts to roll back current fuel economy standards that were established under President Obama.  (more…)

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In response to my recent post America Takes the Plunge, Duane Flanigan comments: “I hope all of tRUMP’s troll cultists die. Let God sort it out.”

I’m not sure you mean this literally, though I know some do.  Personally, I wish for them what I wish for members of any other similar group, i.e., that they wake up and come to their senses.  People do this constantly, though it’s hard, as it requires intense self-inspection and willingness to admit error, which many people simply don’t possess. (more…)

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Here’s a video of a Facetime session in which someone’s grandmother provides her viewpoints on Trump.

Perhaps the most interesting part of the Trump phenomenon is this: there are only two positions here. (more…)

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Those looking for a wonderful podcast of fossil-free investing, aka “divestment,” have hit the jackpot with this one.

It’s all about disrupting the flow of money to oil, coal and natural gas, and it’s starting to have a significant impact on their cost of capital, thus their profitability, thus their appeal to other investors.

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People love saving at the pump — if they’re actually using their cars. In the midst of a global pandemic and a nation-wide lockdown, however, consumers aren’t exactly reaping the benefits. Even as gas prices dip below $1 in some states, people simply aren’t filling their tanks. After all, many aren’t driving anywhere but the grocery store these days.  (more…)

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