Category Archives: Economy

Bull in the Swamp

dow bull

When President Trump rides high so does the stock market. The Dow Bull has surged 2,700 points since his election.

Trump and Bull Get Swamped

But as allegations from unnamed sources rise in the media, President Trump sinks in the swamp. Apparently, so does the stock market. The Dow lost 373 points on Wednesday. The experts say investors worry that if Trump goes down so will his agenda for tax cuts, less regulation, and more growth.

Most experts that is.  Wharton professor Jeremy Siegel, says the market could spike 1,000 points if Trump resigns.

Update: Well, as of noon Friday the Bull has clawed back over 200 points of Wednesday’s losses. Maybe I was just looking for an excuse to draw an alligator.

 

 

 

Trump Tax Plan

tax plan

NYT headline April 27: Trump Tax Plan Would Shift Trillions From U.S. Coffers to the Richest

NPR April 17: “…around 45% pay no federal income tax”

Obama Wall Street Fat Cats Speech

fat cats

Barack is back. He will give a speech to the Wall Street firm Cantor Fitzgerald in September. HIs fee? $400,000. The same amount as his annual salary as president.

President Obama had harsh words (at no extra charge) for Wall Street bankers in 2009. He called them “fat cats who don’t get it.”

Elizabeth Warren isn’t happy.

 

Bill O’Reilly Sexual Harassment Retirement Party

Bill O'Reilly

Bill O’Reilly joined Roger Ailes in enforced retirement on Wednesday. Both were accused of sexual harassment.

Not to worry though. CNN Money says O’Reilly’s golden parachute falls just a little south of the $25 million contract he recently signed. That compares to his former boss’s $40 million bail out.

Bill O’Reilly Sexual Harassment Charges Lift All Boats

Also, there’s a trickle down payout effect. The NYT says O’Reilly and Fox paid about $13 million to various women who accused him of sexual harassment. He admits nothing.

Still, Fox gave him the boot.

Getting Re-Accommodated with the Friendly Skies

re-accommodated

The cutline on my first sketch for this cartoon read, “You just got x-rayed, searched, and groped… now you’re surprised we’re taking your seat?!”

But I changed it when I read that United CEO Oscar Munoz said the airline “re-accomodated” the lucky passengers.

CNBC reports Munoz was named communicator of the year by a public relations group in March.