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programming note: I've replaced the original Hassett clip with a better edit that includes him hallucinating how about much money everyone has. it now goes:

"and so the consumer is really, really firing on all cylinders. they’re doing that because they have so much more money. in their pockets. in fact, I had the head of one of the Big Five banks in my office yesterday, going through the credit card data, and just as Secretary Bessent said, credit card spending is through the roof. they’re spending more on gasoline but they’re spending more on everything else, too."

Jeff Tiedrich's avatar

today in Shit That Happened While I Was Writing This Shit—

"First Thing: Uncertainty looms as last oil tanker from Middle East arrives in California"

https://www.theguardian.com/us-news/2026/may/07/first-thing-uncertainty-last-oil-tanker-middle-east-arrives-california?CMP=Share_AndroidApp_Other

California's going to run out of oil in six weeks, if the Strait of Hormuz doesn't open. fun stuff

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