My 2008 Obsession

Michael Lewis is featured in this old 60 Minutes piece about The Big Short. Lewis should be undergoing a self-imposed writer’s rehab for not immediately being suspicious of Sam Bankman-Fried.

Have I used that video before? Doesn’t matter, because the Financial Crisis of 2008 is always worth another visit, especially now that anti-regulatory Republicans have once again seized power. Maybe Trump will pardon fellow felon SBF and put him in charge of the Fed.

What Goes Up Must come Down

In 1993, Clinton inherited a recession from Bush Sr. Eight years later, he left office with a budget surplus. In 2009, Obama inherited the Great Recession from Bush Jr. Eight years later, he left office with a solid economy. Four years ago, Biden inherited Trump’s Covid recession. He’s now handing Trump the economy that’s “the envy of the world.”

https://www.economist.com/special-report/2024-10-19

In four years, will Trump continue what has become a Republican presidential tradition, of leaving office with the economy in a mess (assuming he’s willing to leave office)? Liberal economist Paul Krugman weighs in with his concerns about Trump’s economic policies. Krugman is usually good about admitting when his predictions turn out wrong.

The Bearded Truth

Considering how the chemotherapy turned my facial hair thin and gray in a few weeks, now that it’s been two months since the treatments ended I wondered if the change was permanent. After keeping myself clean-shaven, I’ve been letting my beard grow back in and, so far, it pretty much looks and feels like it did before the chemo. I don’t really care one way or the other, except that it’s significant as a possible indicator of my recovery.

And now, this other bearded man has something to say. He’s wearing Audio-Technica ATH-M20x headphones. I have a pair, and I can tell from Jon’s headband that my cranium is a lot bigger than his.

The Felon and Elon

News from the Future, 2044: Dedicating the Trump Memorial on the 20th anniversary of his second term victory

As my buddy Bismo put it recently: “This is who we are as a nation.” A nation that doesn’t care that Trump lies, cheats and steals. He won a decisive victory, not only in the Electoral College, but the popular vote, leading Republicans to a clean sweep of all three branches of government. Victory in the House hasn’t been confirmed yet, but it’s coming.

Trump has been given a mandate, not only by voters but also the Supreme Court, to literally be a crime boss president. Will Trump supporters now admit the 2020 election wasn’t stolen? Of course not.

From now on, no Republican will have the right to criticize any Democratic party candidate for their personal failings. Especially Evangelical Trump supporters, who have proven themselves to be thoroughly compromised hypocrites, with no sympathy for the ideals of New Testament Christianity.

One of the angry top Democrats says this about the defeat:

“You can’t approach working people like missionaries and say, ‘We’re here to help you become more like us.’ There’s a kind of unspoken disdain, unintended disdain in that,” [David Alexrod] said.

https://news.yahoo.com/news/ex-obama-adviser-snidely-boils-162349493.html

Sure. The problem was the snooty attitude of well-meaning, college-educated Democrats. Who believes that Trump, who has never cared about anyone but himself, now respects working people? He and his new pal, the richest man in the world, who left South Africa at 17, a year before the end of Apartheid, have both openly joked about not liking overtime pay. We now return to waiting for the next mass shooting with an assault rifle.