In the last month I ran my business, listed my house for sale, accepted an offer within 48 hours, drove with my doggies to Missouri, bought a travel trailer, came back, did the required escrow nonsense like stupid repairs, got rid of a truly horrendous amount of my stuff, moved the rest of my stuff, and closed escrow. I'm now homeless. I also own no property in the People's Republic of California. And I'm catching up on my sleep. And I'm putting out a new blog. I feel conflicted about the stuff: part of me wishes to live a simple and austere life; another part wants to accumulate as much garbage as possible so that my kids have to sort through it after I die.
The news has been dominated by Susan Rice perhaps spying on Trump (I barely care), by N.Korea promising to nuke us back to the stone age (I'm no fan of war, but this guy has got to go), by continuing terrorist attacks in Sweden (the socialist paradise where everyone is happy) and France's elections (they're about to decide if they want a president who promises to remove islam from France and France from the EU). We're all being very handily distracted while the 0.001% continues to rob us blind.
In the first quarter central banks pumped $1 trillion into the markets. In one quarter. Central bankers are determined to make bankers rich. Meanwhile it seems the Trump rally has perhaps stalled out and currently seems to have turned the 50 day moving average from a floor into a ceiling. To my eyes these markets clearly want to correct, but the central banks aren't having any of that. That just means when the correction comes it's going to be all the more wicked.
France will have a run off election between LePen, their version of Trump; and Macron, more of the same old socialist - globalist - EU loving - immigrant loving stuff that they've had for a couple decades. I'm heartily for LePen, but her chances are extremely poor; Macron seems inevitable.
Why are health care prices increasing so quickly? Lots of reasons, including Big Parma, but here's one of the big ones:
Chicago pensions are completely out of control and the government has given up. Contributions are now a small fraction of outlays. Illinois has a constitutional amendment bought and paid for by the unions that says their pensions get paid first before bonds or employees or suppliers or anything. Congress is mulling a law to allow Illinois to declare bankruptcy. And Rahn Emmanuel, ex-Obamite and current mayor of Chicago, seems determined to force the issue. I'm confident Connecticut, New Jersey and Kentucky are watching this little drama very closely, as this is one of their potential near term futures. If the stock market crashes, which personally I expect to happen in about two years, this time it's goona be pension funds, not banks, which need the trillion dollar bail outs. And who can deny 53 year old retired firemen and policemen their gulf club memberships?
Is there a recession starting? This is a tough call, and I'm not prepared to make it. Two winters ago we had a rough winter, but the economy came back in the spring. Last winter we had an even rougher time but again the economy came back. This winter was easily the worst of them all and the economy is recovering a bit but is still below normal. Here's some signs and portents:
You know those bar codes that are on everything these days, and the checkers scan them at the register? Turns out they're a huge scam. Some guy invented them, and now to get a set you have to join his club for several thousand dollars, plus a few thousand a year. If you want to sell anything at Walmart you have to be a member of the club. You can buy bar code numbers cheply from before the scam club started, and those work (today) at Amazon, but Walmart requires full club membership and one day it seems likely Amazon will too. This guy is taking in a few hundred million per year for maintaining a database that says which numbers belown to which companies. I could build and maintain that database at a cost of a couple hours per week.
|Packers 2017 Game Schedule
All times EST
Nationally televised Seen by much of the nation
* Start time and broadcast may shift due to NFL flexible scheduling
|1||August 10||Thursday||8pm||Philadelphia Eagles|
|1||August 19||Saturday||7:30pm||at Washington Redskins|
|2||August 26||Saturday||9pm||at Denver Broncos|
|4||August 31||Thursday||7pm||Los Angeles Rams|
|1||September 10||Sunday||4:25pm||Seattle Seahawks||Fox|
|2||September 17||Sunday||8:30pm||at Atlanta Falcons||NBC|
|3||September 24||Sunday||4:25pm||Cincinnati Bengals||CBS|
|4||September 28||Thursday||8:25pm||Chicago Bears||CBS|
|5||October 8||Sunday||4:25pm||at Dallas Cowboys||Fox|
|6||October 15||Sunday||1pm||at Minnesota Vikings||Fox|
|7||October 22||Sunday||1pm||New Orleans Saints||Fox|
|9||November 6||Monday||8:30pm||Detroit Lions||ESPN|
|10||November 12||Sunday||*1pm||at Chicago Bears||Fox|
|11||November 19||Sunday||*1pm||Baltimore Ravens||CBS|
|12||November 26||Sunday||8:30pm||at Pittsburgh Steelers||NBC|
|13||December 3||Sunday||*1pm||Tampa Bay Buccaneers||Fox|
|14||December 10||Sunday||*1pm||at Cleveland Browns||Fox|
|15||December 17||Sunday||*1pm||at Carolina Panthers||Fox|
|16||December 23||Saturday||8:30pm||Minnesota Vikings||NBC|
|17||December 31||Sunday||*1pm||at Detroit Lions||Fox|