Member Info for nomlungu

Justin Wolfers on the Jennifer Rubin's podcast: Trump likes tariffs but he doesn't know why

https://www.youtube.com/watch?v=Ioo9XHkRSaQ

He makes some good points...

French PM may scrap two public holidays to reduce country’s crippling debt

https://www.theguardian.com/world/2025/jul/15/france-public-holidays-easter-ve-budget-economy-debt

Other measures would include an across-the-board freeze on government spending except for debt servicing and the defence sector, which President Emmanuel Macron demanded should be increased by €3.5bn next year and more in 2027.

The budget squeeze will also entail keeping pensions at their 2025 level, capping welfare spending and reducing healthcare expenditure by €5bn. Civil service and government agency salaries would be frozen and public sector job numbers cut.

Daily Beast reports on this FT article:

https://www.ft.com/content/b66f03b5-e295-4f8c-92ba-516a527d588c

===or===

https://archive.ph/5KkMk

'Donald Trump has privately encouraged Ukraine to step up deep strikes on Russian territory, even asking Volodymyr Zelenskyy whether he could strike Moscow if the US provided long-range weapons, according to people briefed on the discussions.'

Will Bessent serve as Fed chair, Treasury secretary at the same time?

https://thehill.com/business/5394914-scott-bessent-federal-reserve-trump-administration/

'However, having a dual Fed-Treasury chief would fly in the face of the doctrine of central bank independence that has gotten stronger over the years.

Specifically, it would undermine a semiformal 1951 agreement between the two entities that separated the duties of public debt issuance from interest-rate setting.

The nearly 75-year-old accord made it so the Treasury Department would manage bonds and the debt, and the Fed would handle interest rates and the money supply. This was to protect against the temptation of printing money to pay for the debt.'

Trumpenomics loves free money... warmup the printers.

Why Farage Needs McMurdock To Resign Immediately

https://www.youtube.com/watch?v=KgQXSV-llng

The Times seems to be on a Reform hunt... farage seems to make it easy with his quality vetting.

And bankers must have been queuing up to loan to this company... those 50 to 100 billion barrels of oil in place in the ground were such a rare find for a UK based explorer.

All praise The Dear Leader.

Trump: Why are we giving publicity to Files written by Obama, Crooked Hillary, Comey, Brennan, and the Losers and Criminals of the Biden Administration, who conned the World with the Russia, Russia, Russia Hoax, 51 “Intelligence” Agents, “THE LAPTOP FROM HELL,” and more? They created the Epstein Files, just like they created the FAKE Hillary Clinton/Christopher Steele Dossier that they used on me, and now my so-called “friends” are playing right into their hands. Why didn’t these Radical Left Lunatics release the Epstein Files? If there was ANYTHING in there that could have hurt the MAGA Movement, why didn’t they use it?

Months ago Pam Blondie had the files on her desk; last week the files did not exist; last night the files are fakes created by 'Obama, Crooked Hillary, Comey, Brennan, and the Losers and Criminals of the Biden Administration'.

MAGA is eating itself and I doubt they make Red Pills strong enough for this latest attempt at deflection by the Orange God to work

This shows promising signs:

https://www.glenigan.com/glenigan-index-of-construction-starts-to-end-of-june-2025/

The Glenigan Index of construction starts under £100 million shows that the sun continues to shine on UK construction

Work starting on-site increased 49% during the three months to June, remaining 25% above 2024 levels

Residential construction starts rocketed 76% compared to the preceding three months and rose 64% against 2024 figures

Despite ending 3% down on a year ago, non-residential project starts increased 21% against the preceding three months

Civils work starting on-site increased 6% against the preceding three months but decreased 30% against the previous year

[Thanks to SharetrackerA on the VTY board who posted the link]

Interesting link... Shows some love returning to the sector which is good news all round [and for a ground engineering company I have some shares in].

Https://www.ft.com/content/93500cce-035c-4000-bd0a-50ed6b824fbf

===or===

https://archive.ph/bxUfY

Crypto companies race to get banking foothold in US

Not for me but will interest some as it is Summer's ramp...

“The great enemy of the truth is very often not the lie — deliberate, contrived and dishonest — but the myth — persistent, persuasive, and unrealistic."

JFK commencement Address at Yale University, June 11, 1962... There has been a myth that VAL is just around the corner from riches for over a decade.

Proposed NOAA Budget Kills Program That Was Designed to Prevent Satellite Collisions

https://skyandtelescope.org/astronomy-news/proposed-noaa-budget-kills-program-to-prevent-satellite-collisions/

Biggest loser is Musk; maybe he will fund the program?

Trump announces 30% tariffs on EU and Mexico, starting Aug. 1

https://www.cnbc.com/2025/07/12/trump-tariffs-european-union-eu-mexico-trade.html

Could be a messy monday...

'Rat, maybe you re-read the RNS’s going back to when ME joined and you will see incredible progress '

ME was appointed 12 August 2024 when the share price was 2.45p. If a 75% decline in share price in under a year since he was appointed as CEO is 'incredible progress' what would your criteria for failure be?

EARTH TO MARS! Chesterfield Reform Lose Touch With Reality

https://www.youtube.com/watch?v=tZ8U7Xa6-x0

Not sure if we need these nutters... The quality that passes farages vetting is not inspiring to those who aren't on the Kool-Aid.

IF the companies that ocelot ramps were as good as he seems to suggest, then LSE would have many more millionaire pundits praising his stock picking ability instead of people posting sarcastic replies to his posts.

Reform Members Decline Further! Down Almost 10,000 In A Month... Nigel's Not Going To Like This!

https://www.youtube.com/watch?v=rBENj7rKbJc

And nearly 1000 more since the video was made [it came out yesterday].

'current substantial cash pile'?

So why has the company required an 'extension of the first principal repayment' which is resulting in board changes?

Joe Blogs - USA Supply Chain Nightmare

https://www.youtube.com/watch?v=m6WlJExPV9U

'Annual cost ball park £23493000' - those Brexit Benefits just keep rolling in; all hail farage for his brilliance.