“And shepherds we shall be, for Thee, my Lord, for Thee. Power hath descended forth from Thy hand, that our feet may swiftly carry out Thy command. So we shall flow a river forth to Thee and teeming with souls shall it ever be. E nomini patri, et Fili e spiritu sancti. “ This is …
Looking Backwards … LB #1 Well, it seems everyone is talking recession this week which means we are probably right in the middle of one and they are just figuring it out. This from ZeroHedge, “A recession is imminent…The Atlanta Fed’s GDPNOW model – forecasting US economic growth – just downgraded its estimate of Q1 …
Here is what the venerable old sage C Thomas Printer wrote on Feb. 2, 2025 regarding the 25% tariffs on Canada and the impact to the auto industry. “Legacy automakers have had 25 years of factory production, free trade agreements, and in 25 days decades of capital planning go out the window. If you think …
Looking Backwards … LB #1 It has been one hell of a first month with the wee orange man in charge. It has been a scary time. Jason Lange, Andy Sullivan, and Brad Heath report this for Reuters, “The U.S. government spent more during President Donald Trump’s first month in office than it did during …
In the movie Casino there is a scene where the house is catching a couple of cheaters at the blackjack tables. They call security, they notify everyone to be in their places, and then they bring out a birthday cake and start singing. This is at an adjacent table, and everyone turns and looks at …
Looking Backwards … LB #1 We have discussed the strategy that Don Trump is unveiling to raise revenue and trim spending. The DOGE group led by Elon Musk are trimming spending, gutting federal programs, and putting the Mid-Atlantic into a serious recession. That is unfortunate for them, but probably long term necessary for a nationwide …
This week’s Bygone Relics will be much like the news, all over the place. In last week’s LBLF we briefly hinted at the coming federal job cuts. Up to 200,000 federal jobs are to be cut and that is just the start. If we go to dailyjobcuts.com we can see just how extensive this layoff …
Looking Backwards … LB #1 We check in on part of the Fox news crew joining positions of power in the government. Thomas Homan, the deportation expert and former Fox news contributor, made news this week. This from Dan Mangan at CNBC, “President Donald Trump’s border czar implicitly warned New York Mayor Eric Adams during …
The new Secretary of Defense has changed the name of Fort Liberty back to Fort Bragg. Ice cream eating Joe Biden changed the name in 2023 due to Bragg being named after a confederate general named Braxton Bragg, but the new one will be named after Roland Bragg a World War II paratrooper from Maine. …
Looking Backwards … LB #1 So I set out today with a goal of making the baseball hall of fame as a .333 hitter. If you get a hit on 1 of 3 at bats in the major leagues you will be a hall of famer. Let’s shoot for the hall of fame today shall …