Tuesday, June 28, 2022

Questions



Questions

The Pirates are hard to generalize about because they have no talent or plan so everything is always new. But they seem to have an innovation in the infield: they don't catch ground balls, they knock them down and keep the ball in front of them, like a goalie. Maybe an attempt to attract hockey fans.

So Biden says the oil prices are up because the oil companies are arbitrarily raising prices. But isn't the plan of the administration to raise prices as part of the esteemed "transition" to clean energy, so it's really the government that's raising the price arbitrarily.

The FED can change demand. They gave everyone money over the last years and increased demand, now they are raising rates to decrease that demand. And how does that work? Rates make everything more expensive so people buy less. But then, suppliers can't afford everything so they lay people off. The solution to inflation is job loss. Empathy in government is a disguise.

I-bonds, established by President Clinton in 1996, are guaranteed, inflation-linked securities issued directly by the Treasury to people and companies. Today, I-bonds pay a healthy 7.12% annual return. The interest rate is adjusted every six months to reflect changes in consumer price inflation. It’s hard to find a better, safer investment in this environment.
Currently, however, individual investors are limited to purchasing $10,000 in I-Bonds a year.

Bigotry, meanwhile, is back on the curriculum, thanks partly to a “Black Lives Matter at School” campaign, which last week recommended the book Not My Idea: A Book about Whiteness to children as young as six in Evanston/Skokie School District 65, outside Chicago. “Whiteness is a bad deal”, the book argues; it amounts to signing a “contract” with the devil, who is illustrated with an indelicate pointy tail. Meanwhile, in an English lesson in Fairfax County, Virginia, students played a game of “Privilege Bingo”; even “Military Kid” has been shamed as having “privilege”.--nomani

Many insurers have seen a jump in death claims. Industry executives and actuaries believe many of these other fatalities are tied to delays in medical care as a result of lockdowns in 2020, and then, later, people’s fears of seeking out treatment and trouble lining up appointments.

Early in the corona era the historian David Starkey gave some thoughts on Covid. ‘We’ve got a Chinese virus,’ he said, ‘and we’ll finish up with a Chinese society.’

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