
A discussion of what’s happening with the bond market.
An unrealistically positive viewpoint.

A discussion of what’s happening with the bond market.
An unrealistically positive viewpoint.
Trump, Gotham* actor Ben McKenzie, and myself each have a Bachelor’s degree in Economics. Trump originally called Crytocurrency a scam.
Being a con man himself, once Trump got in on the scam he blessed Crypto. It finally made him the billionaire he had always, and falsely, claimed to be.
McKenzie had gotten burned in an investment. From that hard lesson, McKenzie made it his mission to study, then speak out against, the Crypto market. To that end he wrote the book Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud. Now he has the documentary Everyone is Lying to You for Money.
I’m going to help McKenzie earn back some of his investment in the documentary by renting it for $20.
https://www.everyoneislying.com/
(Less than two hours later)
I’ve watched the documentary, and it deserves a ★★★★★ DogRat review rating. It’s entertaining and informative, especially for those who are not super familiar with what Crypto is all about. McKenzie’s interview with Sam Bankman-Fried, from before the fall of FTX, is exceptionally telling about the nature of the market.
It’s a fraud-driven market that hasn’t changed in any essential way since Bankman-Fried’s conviction, and now having the support of the president of the United States. In fact, Sam is hoping that Trump will grant him a pardon.
But I will confess that, having once had a brief moment of contact with McKenzie’s wife, Crypto wasn’t my only reason for renting the documentary.

* I know McKenzie only for starring in Gotham. Until becoming aware of him regarding Cryptocurrency, I’d never even heard of The O.C.
No, Iran is not winning: In Act IV of the war, it’s losing its leverage in Hormuz
https://www.yahoo.com/news/us/articles/no-iran-not-winning-act-103029745.html
Is the United States prepared to keep a Navy presence in place permanently at the Strait of Hormuz? If not, then Iran will always have leverage in the region. I hope I’m wrong, but the alternative is to send ground troops into Iran.
The thought occurs to me that Trump is now 80 years old. Fully one-third of the time since the signing of the Constitution that Trump has no interest in preserving, protecting and defending.
Eighty is just too old to be a 4-year president or a 6-year senator. Which was why I voted for Seth Moulton over Ed Markey. The fact that Markey chose to run for reelection to the Senate shows, by itself, poor judgment.
Apparently, nobody has learned from the experiences of Joe Biden, Ruth Bader Ginsburg, Dianne Feinstein or, for that matter, Mitch McConnell?

Follow-up comments to a couple of recent posts:
A dubious distinction for those of us who live in the Bay State.
It costs more to live comfortably in Massachusetts than in any other state
https://www.cbsnews.com/boston/news/massachusetts-most-expensive-live-comfortably/
Retirement approached me gradually, then it came on suddenly, with my father’s stroke. As I once heard said, working past age 70 isn’t a plan, it’s a hope.