The News this Week

August 19, 2023

Image from Google

The fires in Maui killed 110+ people and 1000 are still missing. The photos showed total destruction. The cause was a wildfire started by faulty electrical power lines. Water to fight the fire was slow to be released due to “equity” conversation. Power company invested $$$$’s in green energy and not in maintaining electric grid. When asked about the fires, Biden said “no comment.” He is a national disgrace.

Transgender men a competing in women’s sports and setting new records. Everyone knows this is unfair. I worry that a young woman is going to be killed while competing against a transgender man. We might see men competing in the WNBA, or the LPGA. The power that the LBGTQ group has is incredible. Where are the Women’s groups????

The home mortgage rate hit 7.60% for a 30-year fixed mortgage. This is a 22 year high. The Fed has raised interest rates aggressively for about 12-15 months to slow inflation. This is called “Bidenomics.” Biden’s policies flooded the US economy with cash and demand for goods and services rose sharply. Student debt moratorium, rent pause, stimulus checks, the “Inflation Reduction Act” gave people $$$$’s. Many people quit working. Then, labor shortages forced businesses to raise wages. Prices shot up. The average American family is now spending $7,800 a year more to live. And-gas prices are above $4/gal. Biden caused all of this.

PA lawmaker has proposed “forcing” businesses to reduce workweek to 32 hours without loss of pay. The lawmaker is a fool.

The teaching of math is under attack. One school district in Boston says math is “too White.”

NYC is overrun with illegal immigrants. Mayor Adams wants to ship them to other cities in NY. Can you imagine the immigrants flooding NYC schools this fall? San Francisco is horrible. Businesses are closing. Gump store CEO is critical of the Democrats.

Theft/looting in Target stores has hit $500 million in the last 12 months. Flash mobs are hitting high-end stores in CA.

Proctor and Gamble is a fine company, but they are under attack. Their Tampon product brand is calling women “menstruators.” Guess they tried to be woke and it backfired!

Finally, President Trump was hit once again with charges. The timing for all of these indictments is during the campaign in 2024. The Democrats and the “Deep State” will do anything to stop Trump. They know if elected in 2024, Trump will uncover the truth about the DOJ, FBI, Twitter, and the Biden family. Same with the Obamas, and the Clintons. The corruption is incredible. Trump will clean up the “swamp.”


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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