Category Archives: Economy

United Airlines Sets Pilot Quotas for 2030

United Airlines, women and minority hires

United Airlines has pledged to hire more women and people of color as pilots. Is the company lowering its standards or is it not hiring the best pilots now?

Corporate CEOs Woke to State Voter Laws

corporate ceos, delta, china eastern airline

Elite corporate CEOs held a zoom conference over the weekend. Their mission was to show they are woke to state laws that suppress minority voters. Or, in other words, to stay a step ahead of the mob. Ed Bastian, CEO of Atlanta based Delta is very concerned about the Georgia voter law which requires ID, just like the company he runs. In 2015 Delta paid $450 million for a 3.5 percent stake in its Chinese partner China Eastern Airline.

Fed Funny Money Ink Shortage Worries

Fed funny money, treasury, Yellen, debt

If you’re wondering if there’s enough ink to print all the Fed funny money needed to finance our $28 trillion federal debt, relax. Pipelines are open and tankers are steaming to the rescue through the newly opened Suez Canal.

President Biden just signed another $1.9 Trillion Covid relief bill and now he’s working on a $3 trillion infrastructure plan. No worries says Fed Chairman Jerome Powell. Treasury Secretary Janet Yellen is selling bonds and he’s buying.

More than Covid Relief in Covid Relief Bill

More than covid relief

The $1.9 trillion Covid relief bill was about more than Covid relief. $350 billion went to state governments and another $129 billion to schools. Here’s a breakdown from the Tax Foundation.

Climate Czar Latest Personal Perk for Treasury Sec

climate car, Yellen, treasury

Treasury Secretary Janet Yellen plans to appoint a climate Czar. The Czar will use cold hard cash to protect the financial system from global warming. I just made that up. I don’t know what the Czar will do, but you can read about it here.