Buddy, Gonna Shut You Down

I was inconvenienced during the last federal government shut down, when the accountant I hired for my late parents’ Trust couldn’t file the taxes electronically. Everything was mailed to me and I had to take care of signing and sending it all in myself. The Registered Mail card confirming receipt was never returned by the IRS.

My application for Social Security benefits is currently being processed. If the U.S. gov’t. shuts down after 12:01 AM on Friday, the validation will be put on hold for the duration, and undoubtedly delayed further after that. Grrr…

Warren Warring With Powell

Elizabeth Warren raised questions yesterday about some banking regulatory changes that I wasn’t aware had been made. Fed chairman Jerome Powell’s answers dealt only with technicalities surrounding the relevant cases.

Given the largely hidden return to banking deregulation, Warren isn’t the only one with concerns about what could happen when the next financial crisis arrives.

https://www.marketwatch.com/story/former-fed-official-warns-of-urgent-threat-of-another-financial-crisis-11630346930

Not Getting a Buzz On

Something for record playing loyalists to think about. Why spend more than $40?

“The Shure is an RXP3 body from Radio Shack, with a new, original Shure stylus. The AT85EP is new. The level of the turntable was checked with an Audio-Technica AT605.

Both the Shure and A-T cartridges play side 2, track 8 of the Hi-Fi News Test LP cleanly, without buzzing. The M92E is louder, at 5.0 mV vs. 3.5 mV. My Ortofon Super OM 20, mounted in a Thorens TD166-MKII, fails the same test.

The M92E is discontinued, but the AT85EP is widely available for only $40. Audio-Technica sells a $10 universal adapter for mounting in a standard tonearm.”