1. 62 vessels waiting (parked) at the LA port. Huge backlog.
My prediction? At least three Mexican ports suddenly take on more business, and you see half of the LA port yearly business suddenly disappear.
2. This $600 transaction notice at your bank going to the IRS to 'monitor' rule?
What's pushed in this legislative piece in front of Pelosi currently is the rule that would force banks to report to the IRS each time you touched or moved $600 or more.
Probable cost factor? I would imagine banks making up a new monthly fee (if this occurs). Just a wild guess, but it'd probably have to be near $5 a month minimum.
Banks or businesses happy? NO.....a lot of anger over this idea.
3. Governor Newsom (California) signing document to allow non-Americans to be on state employment rolls? More or less.
