Friday, March 12, 2021

Wall Street is OK with the $1.9 Trillion "Covid-19 Relief Bill"

 The Dow Jones Average reached a new high after Biden signed the bill yesterday.  Of the $1.9 Trillion bill only 10% of the money does anything for Covid-19 work.  The rest of it goes to favorite Democrat programs, like the National Endowment for the Arts.  

   The US GNP is only a bit more than $17 Trillion, so this Covid-19 Relief Bill equals better than 10% of the entire GNP.  The money will simply be printed, debasing the currency, and creating inflationary pressures.  Everything will be a little more expensive due to Covid-19 Relief.  

Not to worry says Wall Street. 

Disney is dropping a lotta goldie oldies

 Peter Pan, my favorite Disney cartoon.  Fortunately I have it on a factory VHS tape.  Dumbo, the Aristocats, and Swiss Family Robinson are on the Disney hit list too.  So I rented them all from Netflix so I can enjoy them before Disney makes them all disappear. 

Wednesday, March 10, 2021

Must be Spring

 It is up to 52F, warmest it has been all year.  I bought a box of fresh strawberries for only $2.50.  They were $8 only a few weeks ago. 

Monday, March 8, 2021

Looks like the Royal Family made a mistake

 This Meghan Markle is truly making the British royal family look really bad.  You would think that the Queen and Prince Charles would have checked out Meghan Markle before the marriage and found her unsatisfactory and made it clear to Harry that marrying her would be a disaster for him and for the rest of the family and the realm.  Obviously that did not happen.  Too bad.

Sunday, March 7, 2021

I wonder which senator missed the vote

 The US Senate voted thru the Democrat's $1.9 Trillion Covid19 "relief" bill last night.  The vote was 50-49.  I wonder which senator missed that vote.  Probably a Democrat.  Of the $1.9 Trillion only $0.38 Trillion goes to Covid problems, the other $1.52 Trillion went to favorite Democrat spending projects like National Endowment for the Arts. 

Friday, March 5, 2021

Break up Amazon. Bring back Dr. Seuss

 First we have the Dr. Seuss publisher announce that six good Dr. Seuss books are "offensive" and they will stop publishing them.  Then today we have Amazon announce that it will no longer sell them.  We can fix this.  Amazon is a monopoly, has most of the book selling market.  Sherman anti trust act allows the government to break up monopolies.  The US justice department has a whole anti trust division staffed with well paid lawyers.  They could break up Amazon into two or three pieces.  Divvy up the office buildings, the advertisers, the customers, the shareholders equally.  Let the pieces compete with each other.  One piece will decide they can make money selling Dr. Seuss, after all he dominates the Wall St Journal weekend reviews of books.  Dr. Seuss usually comes in first in sales, beating out all the other books on sale all over the country.  

   They did this to the Standard Oil  company about 100 years ago. 

Thursday, March 4, 2021

Dr Seuss ain't dead yet

 Walking thru WallyMart today.  They had a big stand full of Dr Seuss books right in the middle of an aisle.  Celebrating National Book Month.   Good Show.  Dr. Seuss is a best selling author, shows up as such in plenty of Wall St Journal pieces.