On Thursday, April 28, I went to the annual Oakland County Economic Outlook luncheon. This is year 37, and it’s an institution. The forecast is presented by Dr. Gabriel M. Erlich and Donald R. Grimes, both of the University of Michigan, and their team. They have a very good track record and their forecasts have been something you can base your future fiscal policy on. This year, the takeaways are: –Inflation to top out at 7.5% annual in 2022, then…
Elon Musk has just bought Twitter and is taking it private. The loud howls of anguish from the corporate Twitties and devoted users alike, sound like mean little cliquey kids who just lost control over who gets to play in the sandbox. My God!! Bad people thinking bad thoughts and saying bad things allowed to express themselves! Freedom for people I disagree with! Billionaires buying media companies! (Bezos, Omidyar, Zuckster don’t count.) I’m triggered! There goes our own private…
What’s going on in Shanghai? The PRC’s largest city–their New York–25 million people. The newest Covid variant, which is by all reports even more contagious and less lethal than the one before, has caused China to invoke its standard ‘Zero-Covid’ lockdown policy. What’s Going on in Shanghai? – PJ Media Nobody goes out, everybody confined to home, enforced by police, irregular “enforcers” and now soldiers. The only way to get food is through delivery service, and there’s no infrastructure for…
Deustche Bank is forecasting a recession. Plan accordingly. Deutsche Bank is the first big bank to forecast a US recession – CNN
First off: We know how the Steele Dossier and Russia-Collusion story got fabricated and put out to the world. PRODUCT LIABILITY: Trump-Russia Explained, Hunter’s Laptop, and What To Do. – chuckmoss.com But this week we finally got the pieces of the puzzle that connect the Hillary Clinton Campaign to the whole affair. Both the Hillary Campaign and the Democratic National Committee (DNC) are not contesting a Federal election Commission fine of $8K and $150K respectively for lying about the origins…
Product Liability. You’ve heard that legal term: if somebody sells you something defective, they owe you damages. If you buy a car and it doesn’t work, you can get your money back and damages beside. Reputable manufacturers recall their mistakes. If the grocery store sells poisoned meat, they get closed down until recertified clean. The objective is accountability for the seller and trust that products are what they’re claimed to be. What about news? It’s a different matter…
This is an interesting article about Open Source Intelligence. A whole world of amateur analysis are using public data to survey and report on the Russian-Ukraine War. Digital sleuths are changing the course of the Ukraine war (thenextweb.com) Every person his own mini-CIA? Check it out. Also: “Army of Davids” is the title of Professor Glenn Reynold’s book on the same subject. An Army of Davids: How Markets and Technology Empower Ordinary People to Beat Big Media, Big Government, and…
Not Joe DiMaggio–Gloria Steinem. The Mother of the Second Wave Feminist Movement. Dear Ms. Steinem: About this: Is this what you fought your revolution for? If so, can you tell us why? If not, where are you?
Doomed are those fools who seek to live out a lost Golden Age, for by so doing they lose the very spirit which makes any age Golden. Let us therefore not rail against the destiny that has flung us by our stiff necks beyond all hope of remaining what we once were. Rather, let us embrace the unknown future with the spirit we embody. Norman Spinrad Child of Fortune