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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: OrmontUS   😊 😞
Number: of 4460 
Subject: What's fair is fair
Date: 10/02/25 6:43 AM
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As the country's administration cuts all "non-essential" spending:

The White House says construction of Trump’s ballroom in place of the East Wing of the White House will also continue during the shutdown.
Director of the Office of Management and Budget Russell Vought has weaponized the shutdown by continuing his illegal impoundments of congressionally approved funding, but this time using them solely against states with Democratic senators. Today he said he is canceling $8 billion in funding for programs that he claims “fuel the Left’s climate agenda.” “The projects are in the following states: CA, CO, CT, DE, HI, IL, MD, MA, MN, NH, NJ, NM, NY, OR, VT, WA,” Vought posted on social media. Amelia Benavides-Colón of NOTUS reports that states have not yet been notified of the plan.

Vought also announced on social media: “Roughly $18 billion in New York City infrastructure projects have been put on hold to ensure funding is not flowing based on unconstitutional DEI principles.” He said he was referring to funding for the Hudson River Tunnel Project known as Gateway, and the Second Avenue Subway project.

popular.info - Trumps argentina bailout enriches

Administration officials are making sure the shutdown doesn’t affect their own priorities. They have prioritized the $20 billion bailout of Argentina’s failing economy as essential, so it will proceed. The bailout will help right-wing leader Javier Milei, a Trump ally. Judd Legum of Popular Information reported Monday that the bailout will also help billionaire hedge fund manager Rob Citrone, an associate of Treasury Secretary Scott Bessent who has invested heavily in Argentine companies and in Argentine debt.

Jeff
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