Saturday, January 18, 2025

READING THE TEA LEAVES 10B

LIFE IS A GAME OF CONNECT THE DOTS, IF YOU DON'T CONNECT ALL THE DOTS OR DON'T CONNECT THEM IN THE RIGHT ORDER YOU NEVER GET THE PICTURE READING THE TEA LEAVES 10B I promised myself that I'll write. 12:43 0n the 18th, is a as good a time as any, my mind is clear, clean actually, there is some frustration that I feel, don't know why, it's not important, probably. Economics is easy, especially if you have never really studied it, really studied, not just read a couple of books, or someone else's theory. Because if you don't it is easy to be fooled or swayed by someone, even to your own detriment. I had said long time ago that "economics is not a science and politics is not a religion", yet somehow we allow ourselves to be fooled, used that is. To really understand how any economic theory will pan out, we must also have a knowledge of accounting, how the numbers on a ledger work, if not, there is no hope, no way to understand any economic theory, to understand a spending proposal, to work out a budget, personal or national. We have all seen the results of the Reagan tax cuts and every tax cut since, we are down to playing charades. Scratching our collective behinds as to how everything keeps going wrong with the budgets, the deficits, the spending. We keep hoping that the right or the kept will fix the problem, while both of them are sellouts. Maybe I'll repost (again) my blog post from 2007, how economy is designed to fail us all, except for the super rich. We keep hoping that something will work, while we keep drinking the poisonous potions offered by the left and the right. Three trillion dollar wars of W, trillions more for Obama's Wallstreet bailouts, zero percent interest rates, trillions more for pandemic relief, tax cuts of W, tax cuts of Trump 1, but the working class is poor, middle class is struggling to make ends meet, gold is up 10 times since 2000, Stock markets are roaring, billionaires are making billions and the elderly don't know how to buy medicine and keep the lights on at the same time. Life is good! We are the greatest country ever. We can buy Greenland and invade Panama, that will solve the homelessness crisis, and lower the rents to boot. I WILL WRITE MORE SOON ALMOST 60 HOURS TO GO M. N. R. 18 JANUARY 2025

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