GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

alfred_e-_neumannAnother week’s worth:

China has printed more fiat money than the U.S. since 2009? (Article)

Technology: Pope stuck in Vatican elevator; rescued by firemen (Report)

The culture: New “Joker” movie raises mass shooting reality ignored by gun-fixated Left (Article)

Financial Vandalism: Low and Negative yield Bonds Wreck Pension Plans (Article)

The economy: New World Order in Meltdown (Article) (Long, detailed, recommended)

Government: Trump Administration is considering use of Amazon Echo and Apple Watch to determine whether citizens should own a gun? (Article) (Not very likely?)

Education: Colorado teen suspended from school after target practice with mom (Report)

The war on the internet: U.S. Defense Department researching automated news censorship? (Report)

Governments increasingly shut down internet to quash dissent (Article)

Yemen: Update (Article)

Hong Kong: A slowing economy – (Article)

The economy: The Federal Reserve is in the stock market and doesn’t want us to know? (Article) (Ex Congressman Ron Paul)

Another “test” of universal basic income proceeds from a Stockton, CA nonprofit (Report) (All test to date have universally basically failed)

The culture: Art gallery visitors must squeeze between naked man and woman standing in door (Report)

The war on guns: The Trump Administration is considering a “Social Credit” type system to determine who can buy a gun? (Report) (Maybe …)

California: Legislators putting Uber, Lyft out of business? (Report)

China: “Social Credit” system facial recognition cameras monitor students’ behavior in classes (Article)

The climate: Some interesting climate science (Article)

Facial recognition use by Delta Airlines at Los Angeles Airport (Report)

The military: Are smart missiles obsoleting tanks – (and aircraft carriers)? (Report)

Target shooting with mom causes school suspension

Ex Marine said he’d slaughter Antifa; FBI confiscated his guns – Oregon’s new “Red Flag” law

The war on guns: “Red Flag” laws to confiscate guns (Report)

The economy: Coming: An Unprecedented Collapse of the Global Financial System (Article) (Prez Reagan’s Budget Director)

Afghanistan:  Biometric progress saving lives –  and Update (Article)

The culture: Rolling electric power outages beginning in Glendale, CA (Report)

The Church: The divide worse than that in the U.S. Congress? (Report)

More culture: A Swedish professor urges eating human meat to save the climate? (Report) (Soylent Green, redux)

The climate: New discovery undermines global warming narrative (Article)

Illinois paid millions in Medicaid for dead people (Report)

China’s economy is a Ponzi scheme? (Article)

Chicago: 8 killed, 35 wounded in weekend shootings (Report)

A naked man was arrested for assaulting two female tourists (Report)

And so it went …

 

EDITORIAL:      Four Simple Questions

 

Can you borrow yourself rich?

The U.S. National Debt now exceeds the U.S. Gross Domestic Product.  The government owes more than the entire country produces in a year. And the deficits continue enlarging the debt as government continues spending more than it takes in. The average family’s share of that debt is about $875m000 at present. When do you plan to pay your share? Right … and when you don’t pay and all those government bonds now treated as wealth go worthless in the hands of banks, brokers and investors, what seems likely to happen? Alternatively, our compassionate government can accelerate inflation to repay the debt with worthless dollars. And everybody’s dollars will then be worthless too. Betcha the Democrats are hoping for this to appear before the coming 2020 election and the Prez is praying for it to hold off til aft it. Any bets?

About Jack Curtis

Suspicious of government, doubtful of economics, fond of figure skating (but the off-ice part, not so much)
This entry was posted in Economics, Goverrnment, Politics, Uncategorized and tagged , , . Bookmark the permalink.

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