THE COUCH POTATRIOT Couch Potatriot – new term for the take out delivery economy and an apt name for my historical screed of current events. Let me begin with either a pandemic conspiracy theory that Trump is ignoring the pandemic for monetary gain OR that the President is so inept that he and his cronies see the pandemic thru political and economic lens, not as a medical national disaster. Let me begin with the possibility that the President knew the…
POITICAL SOCIALISTIC CAPITALISM My Trump derangement syndrome, in which I recently exposed the lunacy of the potential for equity management companies get a share of the bailouts. I neglected to mention, in all the rationale, why it is a decision that wreaks of political favoritism and economic stupidity. These equity management companies organize IPO’s, and Bond sales for a fee usually a % of the company in stocks, or in the case of Bond ventures they take Bonds or cash…
THREE BLIND MICE Again I find myself with thoughts that overwhelm my urge to continue with my autobiography. Todays rant concerns the ability of our leader to read or comprehend anything other than a script that he sometimes uses and other times he wings it. First let’s take the ability to read. Peter Navarro, a trusted and close advisor to the President had written 2 memos on the pandemic, the first, about the same time as the 1st case was…
DISGUSTING EVENTS I have been writing a rant for the last two weeks and stated I was going to continue writing my autobiography. Today just struck me as a day that should live in infamy. Trump fires the only roadblock to his unfettered ability to dole out benefits to his cronies and contributors without any oversight. He fired the last impediment to visibility into the corporate socialistic individual gifts that is being grifted by his cronies. He fired the Inspector…
SOCIAL CAPITALISM VS SOCIALISM PART 1 Political socialistic capitalism I write this as a lifelong registered Republican that is fiscally conservative and socially liberal. The capitalists have wrangled tax breaks, to the extent they currently pay little or no taxes. Trump’s tax bill allowed the tax rate for corporations to reduce from 35 to 21%. This is the stated rate before deductions. The actual tax rate is closer to 10% for corporations. Take Amazon, a company worth $900 billion and…
MANUFACTURING AND UNEMPLOYMENT The current pandemic will have a lasting effect on all manufacturing and will be exacerbated by the lack of testing. Without testing, no venue that cannot insure social distancing will be reopened. This includes most factories, all sporting events, and many of the services this service economy employs. Most developed countries with a manufacturing base, has a service sector of about 25% of the employed. The United States has shed manufacturing to offshore countries and as a…
WHEN CHICKENS COME HOME TO ROOST Today’s two stories are adapted from real events. These stories show the true nature of the king of the stable, one would say the stable genius. One day the flock of sheep ostracized the only black sheep for killing an innocent piglet in cold blood. There was video evidence of the horrific events. The flock held a court-martial and found him guilty and a disgrace to the elite flock. He was sentenced, perhaps to…
POTUS VIRUS INACTION All presidents since Clinton have taken the threat of a pandemic seriously, to the extent they all had a task force looking into the possibilities it could hit the US. Last year, Trump did 2 things that has slowed the pandemic’s response. First, Trump disbanded the White House Pandemic response effort reporting to John Bolton. The second was the ending of a $200 million project where the U.S. scientists and doctors were working with labs worldwide including…
LEADERSHIP The Donald declared war on the Coronavirus and declared he was a wartime President. Leadership requires skills that are easily recognized. They are similar to the Boy Scouts Laws. The specific traits are trustworthy, loyal, helpful, friendly, courteous, kind, thrifty, brave, clean and reverent. Let us look into why his style does not lend itself to any of the qualities necessary for leadership. His style is that of a bully who covers his ignorance with arrogance. He projects his…
TARIFFS AND BAILOUTS The painful reality of tariffs is its harmful effects. If a country puts a tariff on your goods you are selling and you are in a global market its effect is a tax on the buyer. What transpires is retaliation. China trades with the world. The Trump Tariffs on China’s electronic goods created reciprocal tariffs on U.S. produced Soybeans and Kentucky whiskey. China then went to the world market and has developed alternate sources for soybeans –…