Madness for the Week!

July 14, 2025

“Westernization, coupled with globalization, has created an affluent and leisured elite, that now gravitates to universities, the media, bureaucracies, and global organizations, all places where wealth is not created, but analyzed, critiqued and lavishly spent.” Victor David Hanson

These are just some of the crazy stories I heard or read about this week:

Ben Mclemore has been convicted of first-degree rape. He played 9 years in the NBA with Portland, The Kings, and others. He was paid a total of $32 million and has a net worth of $15 million. Now he’s going to prison. A special thanks to the U.S. Marshal Service for the arrest.

Congresswoman LaMonica McIver, D-NJ, (above) has been indicted by the grand jury for assaulting a federal law enforcement officer. She has 3 counts against her including assault, resisting, and interfering with federal law officers. Two of the counts carry a maximum penalty of 8 years each. No one is above the law!!!

North Carolina has 3,300 registered Catawba Indians. The Catawba Nation is building a $1 billion casino off I-85 near Kings Mountain. Currently, it is the largest construction project between NY and FL and may open by 2027. Wow, where did all the $$$’s come from??? The Nation will be millionaires. Too bad that money did not go to new hospitals, schools, homes and parks.

The Charlotte, NC City Council is made up of idiots. One of the biggest idiots is LaWana Mayfield. She has been in trouble for years. Now-she wants the city to stop buying Tesla cars because of the political views of Tesla owner Elon Musk. Mayfield has been quoted over the years saying she doesn’t believe jets hit the world trade center on 9/11….see how stupid she is? According to her website, she is openly gay and Black and has no formal education. This year she called our police force “homegrown terrorists.”

Johnson C. Smith University (HBCU) has been put on probation by its accreditation agency. The school lacks mgmt that can keep track of spending and borrowing. The president, Ronald Carter, (above) is stepping down after 16 years. In recent years, the school has been plagued by financial troubles, mostly lack of controls and over oversight. Hmmm! Note: parents-send your kids to another school! The 6-year graduation rate at JCMU is 34%! Pitiful.

Lastly, a few US Senators are looking at the federal minimum wage. They are crafting a bill to raise the rate to $15/hr. I wish they would spend their time on other more important matters. Most states already have higher rates. California pays fast food worker $22/hr. Crazy! There is no sound business leader in this country that needs Congress to tell them what to pay workers, nor does Congress know. All economists know that raising minimum wage rates leads to layoffs. Walmart installed self-checkout! McDonalds has kiosk for ordering, doctor offices have online check-ins, etc. We even have drones delivering food orders.

Images above provided by Google

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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