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kscarbel2

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Everything posted by kscarbel2

  1. “Biden was an incompetent president. Had no idea what he was doing. Among everything else, he let a lot of supercells into the US, many from Iran, but hopefully we'll take care of them.” President Trump ICE has arrested 15 illegal Iranian migrants since Sunday. One of the migrants admitted to having ties to Hezbollah in Lebanon. FBI agents are closely watching for any sleeper agents in wake of the US strikes on Iran's nuclear weapons facilities. DHS has identified and arrested known or suspected terrorists and violent extremists that illegally entered this country, came in through Biden’s fraudulent parole programs or otherwise. We have been saying we are getting the worst of the worst out, and we are. We don’t wait until a military operation to execute; we proactively deliver on President Trump’s mandate to secure the homeland.
  2. 5 takeaways from Federal Reserve Chair Jerome Powell’s appearance Tuesday before the US House Financial Services Committee: Powell declined to comment specifically on the potential for cutting interest rates at the Fed’s next meeting, in July. He reiterated that policymakers need to see more information about whether tariff hikes will feed through to faster inflation. The experience of the cost-of-living surge that began in 2021 has left the Fed wary about any sort of repeat, he said. The Fed chief indicated that June and July inflation figures will be particularly important; now is the time when higher import duties ought to be showing up. The Fed is “perfectly open” to the idea that the pass-through will be “less than we think, and if so, that will matter for our policy.” The dollar’s prime role in the global financial system remains intact, Powell said in response to repeated questions on this point. Volatility in the Treasuries market in April didn’t damage the dollar’s status, he said. “These narratives of decline are premature and a bit overdone.” Powell swatted away questions about tax and immigration policy. But he reiterated that the US is on an unsustainable path for borrowing and said there’s no way to know where the tipping point is for the debt burden. The shift in immigration policy has reduced growth in the US labor force, though demand for workers has also been coming down, he said. Housing was another popular topic of questions, but Powell said the Fed has no long-term effect on supply and demand. Stocks stayed higher through the three-hour hearing, while interest-rate futures continued to reflect expectations for the Fed to resume rate cuts in September. The dollar and Treasury yields were lower. The S&P 500 Index was up 1.1% as of 1:14 p.m. In New York, with two-year Treasury yields down about 5 basis points, at 3.82%. .
  3. I knew we sold them a few Cruise-LIners but I never witnessed them on the road. I wanted to buy them however they were in rough shape. They simply didn't hold up. Overnite was one of the chosen fleets doing secret testing of the prototype MH Ultra-Liners (and CH prototypes). If memory serves, Harwood Cochrane's s sale of Overnite curtailed them purchasing MHs.
  4. I recall the last Overnite used truck sale I attended at the Richmond factory branch. Those MBs had round Donaldsons. That was an interesting sale, in that Overnite's extremely rare Cruise-Liners (day cabs) were all there. As rough as they were, I bought up a variety of F-models.
  5. The US has now bombed Iran (utilizing B2 "flying wing" bombers). I have a very bad feeling about this. Saying this situation is complicated doesn't begin to scratch the surface. “We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan. All planes are now outside of Iran air space. A full payload of BOMBS was dropped on the primary site, Fordow. Iran must now agree to end this war.” The President will address the nation at 10:00pm EST. The IDF on Saturday said it is preparing for a lengthy war.
  6. The Farr air cleaner is unusual. I never saw that on an east coast Overnite MB city tractor.
  7. Senators Murphy and Van Hollen are rude and wrong. Senator Kennedy then brings reality back to the room. .
  8. The math doesn't add up. .
  9. Jim Baumbick, Ford VP of Advanced Product Development, Cycle Planning and Programs, says Australia will continue to serve as the base of Ford Ranger and Everest development for the foreseeable future, despite rumors to the contrary. When asked if Ford planned on moving that particular R&D team, Baumbick responded by saying “nope.” “What I love about our Ford Australia team is that they wake up every day and worry about the Ranger business. They built the business and know the customer the most. Out of 180 countries, that’s the focal point.” Bill Ford has thrown his support behind the Australian development team as well. “One great thing about our Australian team is they have risen to every challenge they have ever had and they continue to knock it out of the park and I expect they will do so in the future. We have so much opportunity in front of us and we have made Australia a center of excellence for Ford. They have done a great job; just look at the sales results for Ranger and Everest. Ranger now is sold in 180 different countries, which is incredible. This is a great team here and they will have opportunity in the future.”
  10. Look at the amount of debt we raise every year. What is it today? Thirty-six, thirty-seven trillion dollars, going up a trillion a year in interest alone. That's scary. I hope Washington would heed my warning that we have to be mindful of the importance of our status in the world economy and the world markets. If we fritter that away, we're in trouble. Four weeks ago, we couldn't float a 20-year bond. They were unbiased. That's a dangerous signal. That's the beginning of a crisis. That should make us say, "Hey, wait a minute." When the integrity of our debt is subject to question, the next thing is your currency. I think it's time to get some balance here. Regarding the President’s tariffs, I don't understand the goddamn formula. I believe he’s been poorly advised about this trade situation, and the formula they're applying. We've now got this Iranian thing to go along with tariffs. I think people are getting cautious. And the facts and numbers that came out today indicated that sales and manufacturing are slowing. Home Depot co-founder Ken Langone
  11. https://www.breitbart.com/politics/2025/06/18/cargo-theft-reveals-red-flags-california-cdl-vetting-non-citizens/
  12. The Trump administration has asked a federal judge to strike down a Kentucky regulation that unlawfully gives illegal aliens access to in-state college tuition. The U.S. Justice Department’s lawsuit says the regulation violates federal immigration law by enabling illegal alien students to qualify for the lower tuition rate at Kentucky’s public colleges and universities, while American citizens from other states pay higher tuition to attend the same schools. “Federal law prohibits aliens not lawfully present in the United States from getting in-state tuition benefits that are denied to out-of-state U.S. citizens. There are no exceptions,” the lawsuit said. The lawsuit, filed Tuesday in a federal court in Kentucky, follows a similar action by the Trump administration in Texas A federal judge blocked a Texas law that had given illegal alien college students access to reduced in-state tuition. That order only applied to Texas but was seen as an opening for conservatives to challenge similar laws in two dozen states. “The Department of Justice just won on this exact issue in Texas, and we look forward to fighting in Kentucky to protect the rights of American citizens,” says Attorney General Pam Bondi.
  13. Senator Kennedy is on target with his questions. But the generals, and Army Secretary Driscoll, refuse to answer his questions. Their responses gave me no confidence whatsoever. .
  14. It appears the gutsy decision of BMT Investors COO Barry Holden during Covid to deeply invest in the then beaten down oil stocks is going to pay off impressively in the billions. Rather than BMT Investors purchasing property on that unnamed Caribbean island, we will likely acquire the entire island instead. Disney Cruises has already extended a long-term lease offer on the northeast corner to construct their third Disney island destination. They would be a good neighbor and tenant.
  15. https://www.breitbart.com/politics/2025/06/17/promise-kept-trump-blocked-every-border-migrant-may/
  16. And yet another "makes no sense" development. A federal judge has blocked the Trump administration from limiting passport sex markers for many transgender and nonbinary Americans. Tuesday’s ruling from U.S. District Judge Julia Kobick means that transgender or nonbinary people who are without a passport or need to apply for a new one can request a male, female or “X” identification marker rather than being limited to the marker that matches the gender assigned at birth. Seriously, how can one request any gender identification other than the correct one assigned at birth ?
  17. I mentioned tuna some time back. Thailand’s Thai Union Frozen Products owns Chicken of the Sea and Orion Seafood International South Korea’s Dongwon owns StarKist The UK’s Lion Capital owns Bumble Bee Foods
  18. Wow. That's a must watch. My view on Bannon completely changed. He's sharp as a tack. .
  19. The existence of Hino was all about face, about Toyota having a heavy truck unit. Yes, Hino was the premium Japanese truck brand, and Isuzu the best bang for the buck. When UD was Nissan Diesel, they built a solid truck. Though they've always built good aircraft, Mitsubishi trucks were always an engineering quality disaster.
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