My Weekly Highlights

March 4, 2023

Image from Google

These are my highlights from the last 7 days:

-Biden selected Black man to lead FAA but the man has no experience in aviation. Incredible!

Hersey put transgender man/woman face on a candy bar.

  • Biden, Harris, Yellen and Attorney General Garland all visited the Ukraine.
  • Vanguard Investments reported the average 401K in America dropped 20% in 2022. Inflation (40 year high) and higher interest rates were the primary factors.
  • US. household debt reached a 20 year high in the fourth quarter 2022. Credit card debt rose by $61 billion, the largest increase in 24 years. The total credit card debt is a record of $927 billion.
  • Major colleges are dropping merit as selection criterion. MIT went down that path 3 years ago but changed back to SAT’s and high school records.
  • College loan cancellation is a terrible idea, and the Supreme Court will rule Biden does not have the authority. Half of the total student debt is for med and law school. Think about that.
  • Blacks represent about 19% of the US. population and commit 45% of the violent crime according to annual data published by the FBI. This data is skewed because “no bail” laws allow the same person to commit multiple crimes in 1 year.
  • NC is passing a new law that increases penalties for persons engaged in violent riots. Throwing a gas filled beer bottle at a police car or building is a violent crime.
  • Lori Lightfoot lost her mayoral re-election in Chicago. Smart decision by voters. Crime rates in the city were the issue. Last year Chicago had 695 homicides, mostly Black victims. Chicago also has 90+ schools that are rated “poor performing.” Black children deserve much better.
  • Some employers and colleges are asking applicants to submit “Diversity Contribution Statements” as part of the acceptance process. The problem with “Diversity” is that it reduces the role of merit.
  • The Carolina Panthers have hired 20 coaches, including Pass Game Coordinator, Assistant Special Teams coach, 3 coaches for the DB’s, and a Senior Assistant. With a 53-man roster, each “coach” will have 2.6 men to coach. Haha!

Published by bluesage82

I am a retired international business leader, current college professor, historian, macro economist and outdoorsman. I have lived in 7 US states and had long term stays Tokyo, London and Geneva. I have also worked for the US Dept. of Commerce and the State of Delaware Dept. of Public Instruction. I am a native of NY but grew up in VA. My wife and I have 7 children including 2 in-laws.

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