GLEANINGS FROM THE PASSING WEEK … (Politically Uncorrected)

From the week:

Congress: Federal workers scoring massive perks in COVID relief bill (Report)

Georgia could not authenticate 67% of mail-in election ballots? (Report)

The economy: Games played by U.S. government with U.S. money (Article)

More economy; Effects of declining births (Article)

Still more economy: Mulling the idea of borrowing and then spending ourselves rich … (Article)

The Federal Reserve: A sadly realistic conspiracy theory? (Article)

U.S. elections: New Biden order expands questionable voting practices (Report) Details

 Illinois: How will it continue to pay its pensioners? (Report)

U.S. Elections: Democrats’ new voting law challenged by 29 states (Report)

 The U.S. economy: A mountain of debt (Article)

The pandemic Now there’s a book about U.S. projects at the Chinese virology lab (Report)

U.S. Education: The miseducation of America’s elite (Article) (The subversion of rhe residue of the middle class)

Syria: Update (Article)

The pandemic: Astrazeneca vaccine on hold in (taly, Norway (Report)

Usraek/Iran: Blowing holes in each other’s oil tankers? (Report)

   The U.S. military: How Special Ops became the universal power tool (Article)

Portland: Antifa attacks continue, police invisible (Report) Details

Science: Astronomers detected supermassive black hole moving (Report)

The pandemic: Are vaccines riskier than COVID? (Article)

The U.S. economy: Living standards decline accelerating (Article)

The Floyd police shooting trial: Some underreported details (Report)

Science: The gene pool is deeper and older than we thought? (Report)

The pandemic: Some interesting (and cautionary) details about current vaccines (Report)

U.S. Education: Who can afford college anymore? (Report)

U.S. Congress: A House bill would outlaw most modern rifles, require government permission for gun sales (Report)

Government: Operating prisons becoming unaffordable? (Report)

U.S. Government: House election bill sets up rigged elections without real recourse? (Report)

U.S. Economy: Exploding lumber prices attacking new home construction (Report)

Government: Canadian father faces prison for opposing young daughter’s gender change (Report)

Chicago: 2 dead, 20 wounded in weekend shootings (Report)

A naked man was arrested for stalking neighbors (Report)

And that’s all …

 EDITORIAL:        Some Fairy Tales Are Grim

                                In the 2008 financial crash the U.S. Government bailed out the failing financial institutions it considered “too big to fail” using fiat and borrowed money to paper over the ugly financial realities. As of 2020 that government, having crippled the economy in the name of a pandemic, is bailing out nearly everybody whether directly affected or not. The money is coming from the same source, which is to say it is a fairy tale. The reduced economy will be a long time restoring its previous creditworthiness; the situation merely awaits the little boy who will inform the multitudes that the government is really financially naked under illusory new financial clothing.

                Meantime, that government is accustoming its citizens to rely upon it for financial support instead of relying upon themselves; what will likely happen when most of them come to understand that they now owe repayment of the government’s enormous borrowing?          

About Jack Curtis

Suspicious of government, doubtful of economics, fond of figure skating (but the off-ice part, not so much) Couple of degrees in government, a few medals in figure skating; just reading and suspicion for economics ...
This entry was posted in Economics, Goverrnment. Bookmark the permalink.

1 Response to GLEANINGS FROM THE PASSING WEEK … (Politically Uncorrected)

  1. con says:

    Reblogged this on Citizens.

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