Tuesday, August 12, 2025

Financial Choices



On this day:
30 BC
Cleopatra VII Philopator, the last ruler of the Egyptian Ptolemaic dynasty, commits suicide, allegedly by means of an asp bite.
1099
First Crusade: Battle of Ascalon Crusaders under the command of Godfrey of Bouillon defeat Fatimid forces led by Al-Afdal Shahanshah. This is considered the last engagement of the First Crusade.
1676
Praying Indian John Alderman shoots and kills Metacomet, the Wampanoag war chief, ending King Philip’s War. ('Praying Indian' refers to an American Indian convert to Christianity.)
1914
World War I: the United Kingdom declares war on Austria-Hungary; the countries of the British Empire follow suit
1944
Waffen SS troops massacre 560 people in Sant'Anna di Stazzema.
1952
The Night of the Murdered Poets: 13 prominent Jewish intellectuals are murdered in Moscow.
1960
Echo 1A, NASA’s first successful communications satellite, is launched.
1976
Between 1,000 and 3,500 Palestinians are killed in the Tel al-Zaatar massacre, one of the bloodiest events of the Lebanese Civil War
1982
Mexico announces it is unable to pay its enormous external debt, marking the beginning of a debt crisis that spreads to all of Latin America and the Third World.
1994
Major League Baseball players go on strike. This will force the cancellation of the 1994 World Series.
2000
The Oscar-class submarine K-141 Kursk of the Russian Navy explodes and sinks in the Barents Sea during a military exercise. 

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The sinking of the Kursk was a MasterClass in a state's self-absorbed disdain for those it professes to represent and to care for. And, of course, an insight into its glorious leader, Putin.

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The vampire Mamdani is running against...Trump.


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The U.S. Health Department is beginning to look like a late-night infomercial.

An influential U.S. medical journal, The Annals of Internal Medicine, is rejecting a call from Health Secretary Robert F. Kennedy Jr. to retract a large Danish study that found that aluminum ingredients in vaccines do not increase health risks for children, the journal's editor told Reuters.
Kennedy has long promoted doubts about the safety and efficacy of vaccines, the reason for which is not known, and, as health secretary, has upended the federal government's process for recommending immunizations. A recent media report said he has been considering whether to initiate a review of shots that contain aluminum, which he says are linked to autoimmune diseases and allergies. The evidence is less forthcoming.

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Sovereign states are not only responsible for tackling fossil fuel damage, they have to make redress, according to a recent ground-breaking ruling by the International Court of Justice (ICJ).

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A lecture in the library insisted that DEI was not reverse discrimination. If it is not, what advantage does it provide?

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Some wise guy called the 15% 'piece of the action' the government is going to get from AMD and Nvidia a 'reverse tariff.'

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Financial Choices

There is a scandal stumbling about D.C. involving a math genius--some guy with a big IQ and astonishing academic success at astonishingly young ages--who has lost federal funding for his research project. There is general outrage.

But why should one of the most capable people in the land get money from taxes? Why should his efforts be underwritten by the average guy, struggling along? If his research is insightful and productive, the free market will be standing in line to support him and benefit. Yet these politicians think he needs their help!

Sometimes the fussy State intrudes just because it can. There is a big difference between "I need..." and "I could use..."
And the day is coming when financial restraint will not be voluntary.


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