Saturday, April 10, 2021

THIS IS OUR LAND

 


Enjoy "This Is Our Land" in Yiddish. 

WHAT IS IT ABOUT YIDDISH? 

Yiddish is the Jewish experience wrapped up in a language.  It embodies where we've been. It captures the unique struggles of the Jews. It portrays our passion, pain, joy, humor and worldly insights in words and phrases. 

Since the Babylonians, Persians, Greeks and  Romans conquered the Kingdom of Israel and Judea and scattered the Jews around the world we have had to make countries around the world our home.  

When Jews left Jerusalem, often as slaves, we brought the Bible with us.  Wherever Jews ended up we contributed to society and culture in important and significant ways.  

Sadly, we were often met with hatred. Jews have suffered and survived many attempts to wipe us out. The Holocaust is certainly not the first attempt!!  England and Spain also sought to purge their kingdoms of Jews. 

Ironically, in an effort to survive armies and genocidal attempts, the greatest threat to the Jews may be assimilation.  Yiddish is an example of the paradoxical combination of assimilation and trying to retain Jewish identity.  


In the nick of time, as prophesied thousands of years earlier, but sadly after hope was lost for 6 million Jews, God called the Jews back to the land God Promised. 

Ezekiel 37:11-12

11 "Then He said to me, “Son of man, these bones are the whole house of Israel. Behold, they say: ‘Our bones are dried up; our hope is lost; we are cut off—by ourselves.' 12 Therefore prophesy and say to them, thus says Adonai Elohim: ‘Behold, I will open your graves. I will bring you up out of your graves, My people. I will bring you back to the land of Israel.

The story of the Jews rise and fall and rise is the greatest and most amazing story ever told. It is called the Bible.  

Commenting on a verse in Leviticus that describes the curses that will befall the land of Israel, Nachmanides wrote that the devastation of the Eretz Israel “constitutes a good tiding, proclaiming that during all our exiles, our land will not accept our enemies... Since the time that the Jews left it, [the land] has not accepted any nation or people, and they all try to settle it... This is a great proof and assurance to us.”

Nachmanides, Moses ben Nahman, commonly  referred to as the Ramban, was a leading medieval Jewish scholar, Sephardic rabbi, philosopher, physician, kabbalist, and biblical commentator. The 13th-century scholar wrote that Israel will remain desolate until the Jewish People assume control. But when the people of Israel finally return to the land of Israel, the region will once again flourish thanks to Divine providence.

Mark Twain is the most famous eyewitness to the 19th-century desolation of the land that the Roman emperor Hadrian renamed Syria-Palaestina, after the Jews two traditional enemies, the Syrians and the Philistines, to punish the Jewish people for their insurrection  for the Bar-Kochba Revolt of 132-136 CE. 

Twain was an unwitting collaborator of Nachmanides when he penned "Innocents Abroad" and brought global attention to the sorry state of Palestine and proved it was a "land without a people" just 15 years before the very first waves of Jewish immigration. Twain couldn't have foreseen the Balfour Declaration in 1917, the Six Day War, and how Israel would rise from the ashe and flourish. 



This week Israel will celebrate it's 73rd year of Independence.  What Israel has accomplished with a treeless, natural resourceless, desolate land is remarkable. Nobody would believe if it wasn't true. What's equally remarkable is that it happened according to God's plan.

ONLY GOD COULD HAVE PREDICTED IT 2600 YEARS BEFORE IT ALL HAPPENED IN THE BIBLE.  THE STORY ISN'T OVER . . . 

HAPPY 73RD ISRAEL!!

Tuesday, April 6, 2021

SMART PEOPLE HAVE FIGURED IT OUT!

THERE IS A GIANT POWER GRAB HAPPENING.  WE MUST NOT LET IT! 

The Left is moving us towards a government that is controlled by "one party" - in other words - toward tyranny.  The future of our democratic process in America 

I have very intelligent friend who happens to be Chinese.  Since February, she have been doing a lot of work around the subject of election integrity, including online research, conversations with elected officials and grassroots conservatives, and reviewing state laws and pending legislation. 

Below is a summary of her thoughts in two parts, because it's a rather long summary. I recommend that you read the attached information on H.R.1 as well, which will give you a sense of what the Democrats want to do to our election system:

1.     Our Election System Is Broken


More than 200 years ago, the framers set forth guiding principles for our nation governed by the people, for the people through representatives chosen by the people.  A fair and free election system has been the cornerstone of the American Experiment, where people have confidence that the elected officials truly represent the will of the people.
 
Unfortunately, that trust broke down with the 2020 election. According to a Rasmussen poll conducted November 17-18, 2020, 47% of likely voters, including a third of Democrats, believed that the process was “rigged” against President Trump. 
 
Although the Democrat machine, with support from the liberal media, Big Tech, and the courts, convinced their base that there was no evidence of widespread fraud, the rest of the world knows that the emperor has no clothing. 
 
A 2019 report published by the Electoral Integrity Project, an independent project based out of Harvard University, found that U.S. elections from July 2012 through December 2018 rated "lower than any other long-established democracies and affluent societies." 
 
The U.S. score of 61 – the same score as Mexico and Panama – is the second-lowest among liberal democracies and much lower than other countries in the Americas, including Costa Rica, Uruguay and Chile. Clearly, our Republic is in crisis, both at home and abroad. America has lost its moral authority and our image of the “shining city on a hill” has been tarnished.
 
Instead of repairing a broken system and restoring citizens’ confidence in our democracy, under the guise of fighting against “voter suppression,” Democrats are on a warpath to destroy any safeguards against voter fraud by shoving H.R.1/S.1 (see summary attached) through Congress. If passed, the law will legitimize every illegal means to steal an election. Pelosi and Schumer are either tone-deaf, or more nefariously, hell-bent to maintain one-party rule.
 
2.     Democrats’ Claim of “Voter Suppression”

I loathe the notion of “voter suppression.” The founding fathers bestowed upon us the sacred duty to choose the leaders of our nation, and that solemn duty, like rearing children, is not meant to be easy. It requires individual effort and engagement. At the minimum, an elector should understand the ideological and policy differences between two candidates. JFK has warned us: “The ignorance of one voter in a democracy impairs the security of all.”

Somehow, some people in the country now consider voting a nuisance. They forget that brave men and women sacrificed their lives to protect our right to vote, that citizens in other countries like China don’t have the right to vote, and that right now young people in Hong Kong are sent to jail for demanding the right to vote.

Those people are too lazy to get off the couch and wait in line at polling stations. They expect the federal government to register them to vote, pay for mail-in ballot postage and put drop boxes at their front door. 

Democrats are too eager to oblige. Anything less becomes “voter suppression.” Any requirement to prove voter legitimacy becomes subversion to our voting rights. Ironically, they are not applying the same logic to our Second Amendment Rights in their zealous pursuit to take guns away from citizens. 

Granted, guns in the wrong hands can lead to innocent deaths, but so can ballots cast by characters with malicious intent. An unsecured election is more susceptible to foreign interference. Giving millions of ballots to an ineligible population can override the will of American people and threaten our national security.

Calling H.R.1 “The People’s Act” is akin to putting lipstick on a pig, it’s still a pig. It is not an act to return power to the people, but to secure power of the ruling elites. Contrary to Democrats’ claims that they are acting on behalf of We the People, a March 2021 Rasmussen poll shows that 75% of Americans support voter ID laws that require individuals to show photo identification before voting, including almost 70% of black voters.
 
In addition, a 2019 study from the National Bureau of Economic Research demonstrated that voter ID laws have no adverse impact on minority voter turnout. Similar to promoting law and order instead of defunding the police, minority communities may actually benefit from a secure election system. Rampant voter fraud in cities such as Baltimore, Detroit and Philadelphia has depleted black voters the opportunity to elect legitimate leaders who can lead their communities out of perpetual poverty and high crime rates.

Source:  Name withheld.  




 

Saturday, March 13, 2021

CAN A MONSTER FIND PEACE?

NY Senators join mounting calls for Cuomo to resign. 

Now all of us can see the hubris, gigantic ego and incredible narcissism of Cuomo.  He thinks he is more important and powerful that EVERYONE combined. 

Cuomo puts himself above what is best for the entire State of NY. He actually believes he can survive what no other politician in America or the Western world could! 

Through his resistance to do what any normal politician would do, Cuomo is only proving what a horrendous person he is. He is a MONSTER!!

Justice is coming for Andrew Cuomo. He is going to spend out his years as a political pariah - an outcast from the Democrat party - in the prison of his mind.

I suspect there will be serious attempts to rename the Tapanzee Bridge back again. 

The ultimate irony is that Andrew has permanently stained the "Cuomo name." His brother Chris will also have to live with that. Andrew Cuomo hasn't just brought shame to himself, he has shamed his entire family.  He will have to face his father, Mario, in his private thoughts.

I wonder .... at some point in the pit of despair after MUCH soul searching, will Cuomo turn back to his faith and genuinely repent and seek forgiveness?  If so, he won't only have to do so for the woman he abused and the thousands of families whose parents were killed as a result of his nursing home policies. Cuomo will have to face the fact that he put through the most horrible grotesque abortion laws in America. 

Can this man with the most massive ego do what he must do to find peace? Will he be able to humble himself before his fellow and God?  Will the monster Andrew Cuomo find peace or will he spend the eternity of his day's on earth in a private hell of his own making?  

With Passover and Pentecost just weeks away, Andrew Cuomo would be wise to put his faith to the test. 

Deuteronomy 32:35 tells us:

Vengeance is Mine, and recompense;Their foot shall slip in due time; For the day of their calamity is at hand, And the things to come hasten upon them.’

Proverbs 20:22 teaches us: 

Do not say, “I will repay evil”; wait for the Lord, and he will deliver you.

Sunday, March 7, 2021

ANOTHER REASON TO GET RID OF COLUMBUS

The history of Jews in the "Americas" began at the same time as the history of America -- with Columbus.  Consider the history of the Jewish community in San Salvador.  

Facts: 

- Columbus brought a Hebrew/Aramaic translator along on his voyage in 1492 but not a priest.  

- Many of the crew were "Converso's" (Jews forced to convert to Catholicism during the Spanish Inquisition).  

- Columbus set sail in 1492, the year of the Spanish Inquisition ordering the brutal conversion and murder of all Jews in Spain.

- Colombus postponed his planned departure by one day so as not to set sail on the cursed Jewish day of Tish B'Av.

- Linguistic traits in his writings indicate that Columbus was raised learning Ladino, a hybrid form of Castilian Spanish, comparable to Yiddish, which was spoken by Spain’s Sephardic Jewish community. 

- On all but one of Columbus’s letters to his son, Diego he ended with a traditional Hebrew blessing. He never did so to letters outside his family.

- Columbus’ voyage was not, as is commonly believed, funded by the deep pockets of Queen Isabella, but rather by two Jewish Conversos and another prominent Jew. Louis de Santangel and Gabriel Sanchez advanced an interest free loan of 17,000 ducats from their own pockets to help pay for the voyage, as did Don Isaac Abarbanel, rabbi and Jewish statesman.

- Columbus’s first announcement of his voyage’s discoveries went to the treasurer of Aragon, the former Jew, de Santangel.

In Spain in Columbus's time it was fatal to admit being a Jew, so it stands to reason that his true ethnic origin is murky. There is no physical historical evidence of Columbus’s roots. He may be the ultimate Marrano - A secret Jew.

By the same token, Columbus was on a mission to convert the people in the land he was destined for to Christianity.  So you could say that America's Judeo Christian roots trace back to Columbus.

On second thought, perhaps that is another reason Godless Leftist Progressive Socialists are so determined to wipe Columbus from our true American history and replace him with Critical Race Theory and the 1619 Project.

TRIVIA:  The flag of Israel can trace it's roots back to a Colombus Day parade in Boston 1891. 

If the subject of Columbus's Jewish roots interests you further. 


Sunday, February 28, 2021

MAKING SENSE OF THE EQUALITY ACT

The House of Representatives voted on Thursday to pass the Equality Act, a bill that would ban discrimination against people based on sexual orientation and gender identity. It would also substantially expand the areas to which those discrimination protections apply.

The Civil Rights Act covered discrimination in certain areas, like employment and housing. The Equality Act would expand that to cover federally funded programs, as well as "public accommodations" — a broad category including retail stores and stadiums, for example.

Importantly, the bill also explicitly says that it trumps the Religious Freedom Restoration Act (commonly known by its acronym RFRA). The law, passed in 1993, set a higher bar for the government to defend laws if people argued those laws infringed upon religious freedom.

Under the Equality Act, an entity couldn't use RFRA to challenge the act's provisions, nor could it use RFRA as a defense to a claim made under the act.  (You better bake that cake whether you want to or not!) 

I wonder what is to stop a lawsuit against a pastor who objects to performing a same sex marriage. 

I have read the actual legislation that passed in the House. This is my read. 

The Equality Act extends established protections to one's gender identity. The Bill literally inserts wording into existing laws in order achieve that. The effects and implications of the Equality Act go further.

Gender as defined by genital developed in the womb is irrelevant legally. Biological sex is subordinate to choice.  

In effect the child (minor) has superiority over their parents in making the choice of their sex. It would be presumptuous for a parent to assume the sex of their child at birth. I wonder, if in the future it will be legal for a doctor to tell an expecting parent that they are having a "boy" or a "girl."

Biological males will be free to compete in "women's sports" and biological males are free to enter "ladies" rooms. So long as they "identity" as women. 

Where is the issue?  It depends on who you ask and on the situation. Some see this as a matter of personal freedom and the right one has to non-discrimination. In that respect, it may seem that America is moving down the path toward being a more progressive and just Nation. But that depends on whose rights are being protected. 

If one thinks otherwise, is to be considered a bigot and phobic. To act otherwise is to risk committing a Federal discrimination or hate crime. 

The biblical view of the sexes is in effect immoral at best and quite possibly may lead to illegal behavior. 

Are we a more just nation if a biological man who identifies as a female can take out his penis in the shower with your daughter? Ask the biological man and you get one answer.  Ask the father of a little girl and you might get another.

Are we a more just nation if a 9 year old child can be counseled and prescribed puberty blocking drugs without parental consent?  And what if that child grows up to regret their decision?  What will the politicians who superseded their parents response be then?

Are we a more just nation if women's sports and records of achievement are decimated by biological men?  Ask the biological male MMA fighter who nearly killed his female opponent and you get one answer. Ask her and you might get another.

Women have struggled for centuries to get to where they are today in sports. With the stroke of a pen, the Left threatens their gains. A women who worked tirelessly her entire life for an athletic achievement can have that taken away from her permanently because of radical politics. It's happening already.

Are we a more just nation if we force people to act against their religious beliefs to please the view of people who think that God's definition of Man and Woman is trumped by the United State's legal view?

Like I said, it depends on who you ask and on the situation. 

None of this speaks to the science. None of this speaks to studies of the failures of gender reassignment. None of this speaks to the psychological damage of altering one's gender through drugs and surgery.  None of this speaks to the rights of parents. 

The Equality Act puts government above parents, science and God. 

None of this speaks to love either. The thing that creates the most dissonance for me personally is the following.  While I disagree with the Equality Act, I still may love a person who suffers from Gender Dysphoria. My heart can empathize with their confusion, fear, pain and other struggles, even though I support the rights of those who dissent with the Equality Act.

To me personally, the great injustice of the Equality Act is what Liberals believe it turns anyone who disagrees with it into. 

THERE, DOES IT MAKE SENSE NOW?

Wednesday, February 17, 2021

MY BEST BLOG POST EVER

 



This is my best blog post ever ... I wish I wrote it. All credit belongs to Ross Rant.  Here's a link to subscribe to his newsletter.

                                                                         

The political theater is done. Now maybe the country can move on. Article II section 4 is clear, there never could be a constitutional trial of a person who was not an official. That was why Roberts refused to officiate. Pelosi waited too long to send it over, and when she did, the Senate was in recess and there was no possible way to get it back in session before January 20. Lawyers always taught me you have to stay within the four corners of the document. The constitution is completely clear.  You have no authority to try a private citizen, but only an official. End of story. Trump is gone now, so maybe they will let the country move on, or maybe some US Attorney in DC will file charges of accessory after the fact, and start the whole fiasco all over again. .

Here is some data that is illuminating, and will provide good perspective. Unemployment is heavily concentrated in certain states, and in a few job types.  NY, San Fran, Vegas, and Boston had the worst unemployment by far. NY Metro has 1 million unemployed-10% of total-NY has 6% of US population.  Vegas was due to nobody traveling and being close to 100% dependent on tourism. The best stats were Austin, Dallas, Phoenix and Atlanta where there was not the massive shutdowns. Hospitality was responsible for 3.7 million lost jobs, 37% of total, followed by government 1.26 million,  and education 1.2 million for a total of 6 million unemployed-60% of total. So the real issue is not spending $1.9 trillion on a wide array of left wing wants such as $5 billion on homeless-mainly in CA and OR and Seattle, or tens of billions on “climate change things, etc. that have zero to do with the virus, and none of  which will  help the economy return to normal. For further perspective the number of people unemployed in February before the shutdown with a 3.5% rate, was 4.4 million.  So if there are 10-12 million now, that is not the total number who we need to get reemployed.  It is more like 4-5 million jobs, an achievable number by late summer if everything including schools are reopened soon, and we get to mid-May with vaccine administered.  

I don’t have data to prove this, but just anecdotally it is my sense that many companies are doing very well, and when the economy fully opens things will really hum as CA, NY and IL let hospitality reopen. Earnings for the Russell 2000 have been excellent, suggesting that mid-sized companies are doing well. Just take Anaheim.  If they would let Disney reopen, thousands of jobs get reinstated not just at Disneyland, but at the hotels and restaurants in the area. If NYC let restaurants reopen fully, hundreds of thousands of jobs return.  And now there is a public news report that Biden actually has considered a ban on travel into and out of FL. I would love to see that one tried.

In case you missed it, oil is just below $60, up from $35.79 on Oct 30, and $10.01 0n April 21. Low income people just got the equivalent of a big tax increase, so Joe’s answer is shut down fracking and the pipeline. Makes perfect sense.

Savings data breakdown: the top 80% of taxpayers saved 75% of the excess savings and the 60%-80% cohort saved 10.2% but spends 20% of all personal outlays. The bottom 20% saved 3.5% of excess savings and account for 3% of personal outlays. In a new survey, people making under $50,000 said they saved 17% of the last check and will save 29% now , and people making over $100,000 saved 41% of the last check. So as is logical, the wealthy top 20% saved the most because they have the most excess disposable income, They will likely use these savings to invest, or donate to good use. The bottom 20% is able to save excess to their norm which means they are doing OK on average, and the mantra from the Fed that they don’t have $400 saved is likely not true, as several analysts have contended. What is of note is that few need the whole $1400, so it is a waste which is why some Dems agree they should lower the income levels.

The real solution is to get as many people vaccinated as possible, as fast as possible, and get schools fully reopened 5 days a week, not one day a week, and end all lockdowns which have now been proven to have caused far more problems than they solved. As of now, around 50 million have had at least one shot. That is more than all the Covid positive tests to date. Mid-February.  They are doing 1.66 million a day and ramping up. Let’s just use 1.5 million. By May 1 that is 113 million more. Over 30 million are immune because they had the virus. That is a total of 143 million had at least one shot, or had the virus, and most of the number will have had a second shot by May. Now add J&J starting March 1. So add a minimum of another 30+- million, total now 173 million. Add kids under 18 or 72 million more= 245 million by May 1 that are low risk or immune. That is more than 75% of the total population. Kids will get vaccinated over the late summer.  If almost all  nursing home residents are vaccinated, as they will be, and most very vulnerable co-morbidity people, the hospitalizations and deaths by May 1 will be nominal.  Less than in a normal flu season where 60,000 on average die. The government and press are hyping this with constant daily, oh my God this is terrible pronouncements. Reality- the US has already given 30% of all the shots across the world.  We are doing great by comparison. Stories in the press are always about some minimally educated single mother with 2 or 3 kids who can’t pay the rent. Her issue is not the virus, it is bad life choices. It is all political. The White House admits this is all about 2022, not about solving the real problem. Saying one day a week to have schools open is not having schools open. It is cover for the teachers unions. It is outrageous politics instead of kids welfare. If they did what I have laid out above there is minimal need for another wasteful spending program which has tens of billions for groups favored by the White House. It will not create jobs. Only the private sector being fully opened will do that. Clearly the White House is counting on, if they give away enough free money to voters, they will combine that with the impeachment hearings, and be able to win in 2022. That is what is really going on. You add on HR1, and the Dems believe they will retain complete control of DC for years to come.

In case you are delusional to think $1.9 trillion is going to the needy workers, or to the poor, or to good use, here are just a couple of examples of the many things in the $1.9 trillion- $300 million to migrants-I assume to give money to illegals coming across now, $5 billion for the homeless-I guess we pay then to take drugs and live in tents, $20 billion to USPS-instead of fixing the system, $300 million to Endowment for Arts, $300 million for Endowment for Humanity-never heard of this one, $30 billion Dept Of Education-they already have a large budget, $300 million to NPR (devoted to Democratic views), $25 million of cleaning supplies for the capital (That is a lot of toilet paper), $520 million for ADMIN costs for Social Security-maybe they are going to hire a whole additional staff, $1 Billion to Amtrak, $13 million to Howard U-racial equality feel good stuff.   Supposedly, only a relatively small  amount  is actually to do with Covid, or to people who actually need it, but the mantra is, if they don’t pass this the economy will collapse, and people will be in the street starving to death-or that is how they make it sound.  Maybe they can house the poor in Kennedy Center. This is just a partial list, but Biden claims we need the $1.9 Trillion to save the economy, and for the suffering voters.  Keep in mind the bipartisan Problem Solvers said they had a bill for half as much that was targeted, and McConnell had one for $600 million that really was targeted to Covid. As Everett Dirksen famously said- a billion here, a billion there, and soon you are talking about real money. Think of it this way, only 50% of Americans pay any federal tax, so the cost of a $1.9 trillion bill for actual taxpayers is $12,102 per taxpayer. The 49% who think the $1.9 Trillion should be approved have no idea what is really in the bill. They only think they are going to get another few thousand in their bank account. Apparently some voters in GA are now angry because they are not going to get an extra $2000, but only $1400 because that was why they voted for the Dems. Just in case you still have any delusion about what all of this waste of money is really all about. Buy votes. And they are just getting started according to Biden. None of this is gong to create any jobs in the private sector.

I have read various articles that surmise that the political crowd, the press and the elites in DC and Silicon Valley were happy to take advantage of the virus, and make it into more than it really is. The elites in DC used it to go after Trump again. The press used it to go after Trump again. Silicon Valley saw it as a massive opportunity to make billions, and the health elites saw it as an opportunity to claim their models and what they perceived as intellectual superiority, ruled the world. The teachers unions saw it as an opportunity to cash in with big payoffs from cites and DC in the form of money that gets eventually translated into higher salaries and pensions since their pension programs are all gong insolvent. That is what is really behind the school shutdowns. I doubt any of these people conspired actively to collude on any of this, but they each seized on the opportunity to make it work for them, and we all paid a horrible price. The minority kids paid the worst price of all. Their lives are seriously compromised if they live in a big city and cannot get in to a Catholic or charter school. The world has had pandemics before, and never a total shutdown.  The damage to the world, other than to China, has been horrific. Many people died who would not have, had they been able to see a doctor, and many small business owners would still be in business, or stay and their staff employed.  We will never know the real number, but it is clear to me that it paid $2000 per death for hospitals to say it was Covid, and not the real underlying cause of death like cancer or heart. This may have been to the worst catastrophe in US history and it did not need to be if the health experts like Fauci had used a much more all-encompassing analysis to make determinations on shutdowns, and if the teachers had not been greedy. Had they moved immediately to totally isolate nursing homes,  and mandated masks and distancing, in January or February, we could have avoided much of the worst ramifications. We now constantly hear Trump being blamed for not having everyone already vaccinated. Reality as I have said before.  The vaccines were just approved 90 days ago. Around 50 million are already vaccinated. You can only produce it under very strict conditions so it takes time to roll out which  is what they said. Many states are simply incompetent when it comes to such a massive logistics challenge, so some states are a mess. The US is so far ahead (14% vaccinated) of the rest of the world, (3.7% in the EU), other than UK and Israel, it is not even a comparison. But Biden and the press blame Trump, when the real issue is everyone wants their shot yesterday, and there are unrealistic expectations of how fast all this is possible to happen.  Were it not for Warp Speed there would be no vaccine.

A ten year today yields you around .7% after tax depending on your state. Plus you will have a loss  of principal. Despite the best efforts of the Fed, rates will slowly rise from here. It is likely that in 2021 earnings will be very strong in 2H of the year so you should be much better off in the stock market for now. Low rates equal higher P/E ratios plus higher earnings means higher stock prices in the short run. However it also means everyone is further out the risk curve the further into the year we go. Low rates means many can’t retire on their CD or annuity, or on their bond yields. That combined with better health, keeps more old people working and fewer jobs for young people. The real issue is real rates on the ten year are negative. Just for perspective, Airbnb is worth more than Marriott, Hilton and Hyatt combined. Door Dash is worth more than Wendy, Yum and Dominos. Tesla is worth more than the major auto companies. Some day this all has to get rectified by the market. Junk bonds now yield below 4%.  That is really out the risk curve. Companies with a lack of liquidity should be out raising all the junk debt they can  right now with the longest Term possible. Powell said inflation has been low for several decades and so we should not be fearful all the stimulus will increase inflation. Problem is he ignores we never had zero interest rates before, and that matters. One day this massive bubble is going to burst big.

Key stat. The VIX is at the lowest its been since February1. It is at 19.97.  It had hit 85.47 on March 18.  This means fear is out of the market right now which is good for higher stock prices. Some of us have long term fear.

The press fell all over themselves to compliment Cuomo and tout him vs Trump.  Now we find out there was a major coverup of the truth about nursing home deaths so Cuomo would look good and not have the DOJ find out what was really happening with all those deaths. It will be interesting to see how the press deals with Cuomo now. He should be in jail as he directly caused 15,000 deaths. What do we hear out of DC- crickets./ So now we have this in NY, and the possible recall in CA. Maybe all is not lost. The CA recall will be very telling. The two top governors in the Dem party, and the biggest shutdown advocates are possibly going to be thrown out of office for their incompetence. If Cuomo gets to walk with no legal repercussions it will make the whole system a corrupt joke. Now Biden is nominating the woman in charge of CA Labor Dept as deputy Labor Secy.  Under her leadership CA has had over $30 Billion in fraud in the unemployment payments just in 2020. Sounds like a good choice to me if you want complete incompetence and waste. Keep in mind that the White House has said they are going to use CA as their template for how to do things. Ironic if anything ever was.

Biden expects to work with the EU in confronting Russia. A few days ago, at a public press conference, Lavrov, foreign minister of Russia, lambasted the EU as “an unreliable partner” while the foreign minister of the EU was standing next to him. Now Lavrov has said if the EU imposes more sanctions Russia will go it alone. Good luck Joe on your foreign policy that has hit a wall everywhere, from China, to Russia to Iran, all in just 21 days. And now the White House has refused to say Israel and Saudi are important allies. “It is under review”. And now they intend to go back to funding the Palestinian Authority where the money gets corruptly stolen. Great message to Iran and Palestinians. The Dems lambasted  Trump for stopping support for WHO because they covered up for China. Biden rushed to rejoin. Tis past week WHO again covered up for China and claimed the virus did not come from China, even though  they never were given the information they requested and needed. Now Biden is “very concerned” about the WHO investigation. Pompeo says there is little doubt it came from the lab. Now Biden looks like an idiot.

It is notable that Biden sets goals, like 100 million shots in 100 days, or 50% of schools open one day a week, when the goals are already more than achieved-schools- or they are well on the way to be over achieved-100 million shots. So the game is set very low goals that they later can say look what we over achieved. It is setting the tone for what we can expect over 4 years.  

 This one will blow your mind.  OR now has a new training manual for math teachers. It teaches that math is not to be taught to get the right answer, as that is a characteristic of white supremacy. ????  I guess I am a white supremacist as I believe we should always strive to get the right answer to a math problem. It tells teachers “There should not be a focus on math being an objective subject with only right or wrong answers, and to teach that perpetuates fear.” Huh??  It tells teachers to come up with two right answers to math problems to promote “equitable outcomes for black and Latinex students”. In other words, minority students get to have a good grade for wrong answers to 2+2. Maybe it is really 5 or 6 in this new race based math world. The manual for teachers states that there is no right or wrong answers in math. There could be various answers to a math problem.  That is news to mathematicians since a few thousand years ago.  Teachers are told to find ways to “show how math is used to promote capitalist, racist and imperialist views”. I am not making this up. We have hit such a level of absurdity that it is really scary that wrong answers in math are OK if you are  a minority.  It actually is as racist as anything since it clearly implies that minority kids can’t always get the right answers so the goal is to make them not feel bad by letting them give wrong answers. And then they wonder why black kids often get bad educational outcomes, and can’t succeed in the real world where 2+2=4. How are black kids ever going to be successful if this is how they are taught.

 

Tuesday, February 9, 2021

Economic Game Changer

Here's a video I did while exercising on my treadmill explaining a change to monetary policy which I believe has and will continue to have a profound effect on the world for decades to come.  Please pardon my appearance.

I posted a blog article with a similar message.