Steve’s Barking; Don’t pay rent, buy nice 🏠 home.

 It has come to my attention that there are people who had a moratorium on paying rent because of COVID-19 and they saved that money and bought homes 🏠 in Southern States were the houses are cheaper. Just think if a person or family was paying $ 3,000 for a crummy apartment in NYC and you can buy a nice house in say South Carolina for $300,000 that money  $3,000 you didn’t give to the landlord would be a 10% down payment after 10 months. Well you can get a real nice house in Fla and Texas, for less then 300,000 dollars, and you can work Friday from your house 🏠. And just think some some apartments in NYC go for 4 to 5 thousand a month, a real nice down payment and think 🤔 of all the money 💵 saved on lower taxes, and even if a person doesn’t make  New York income you can still afford the house in the Southern States using the landlords money 💰 from NYC apartments.

Steve’s Barking; What ever happened to John Kenneth Galbraith?

 John Kenneth Galbraith, he dead! John Maynard Keynes is also dead but we still bow down to his economics teaching. What about Milton Freeman, he also dead, but there are those out in the world who bow down to his economic philosophy. I might be wrong but I’ll guess that  Paul Samuelson’s text book on economics is still the standard textbook for lack of a better discrimination liberal economics. But nobody talks about John Kenneth Galbraith, the man who I used to read just about everything he wrote. He actually gave me a great understanding of modern economic theory. 

Steve’s Barking; American leaders are really followers (?)

 We in the United States elect people to lead us by making laws in the case of Senators and Representatives in the case of  the President  he would be our leader. 

 One would expect that they would do what’s best for the United States, but nooo, they do what ever they believe that their mob wants. Look at 45 his mob wants a wall, little or no taxes, no restrictions on business unless that business doesn’t do what the mob wants, 

 Now President 46 does exactly what his mob wants. Taxes on assets of the supper rich, free college education for all, no wall, like 45 no immigration unless his mob wants it.

 Now let’s talk about our law makers, they look to the mob to make the laws, now I know they should know better. If the mob wants lax rules on law breakers that’s exactly what they will vote. If their mob wants strict laws on  weed that’s what the makers who want to serve those mob people will do. 

Just think of all those homosexual representatives who voted against gay rights. Think of all those Democratic representatives who were for gun holders rights until they were put into a roll of representing the anti gun mob, how quickly they turned.

 

* I guess one can say that I’m cynical of American elected officials. I want my elected representatives and leaders to do what their brain tells them what’s best for their people. The good politicians will do what’s right even if the mob thinks it’s wrong, the great politicians will do what’s right and have the mob believe that what they wanted in the first place.

Steve’s Barking; Why are they called fiscal conservatives? 🤔

 How can  politicians call themselves fiscal conservatives  when the jobs they have or aspire too don’t pay nearly as much as the money they spend to get that job? 🤔🤔🤔🤔🤔

 These are the clowns that say how the government should or shouldn’t spend our money. And how much money the government should or shouldn’t borrow.🤡💰

Steve’s Barking; Did Trump do his job on 1/6/21?

 There’s an indication that President 45 wants to be president again. And there are maybe 70 million plus Americans want him to be president again. Well one of the most important jobs of the president to protect the capital. Past Presidents have called out the military when there was a possibility of insurgent at the capital. Example President  Hover called out the military when veterans of WWI demanded their bonuses. Now if I’not mistaken lives we’re lost.

 Did the President Trump call out the militia when there was indication of trouble at the capital? The answer is of cause not. President Trump didn’t do his job, pure and simple. President Trump is just another welfare queen. Gets paid  from taxes to do a job and doesn’t do it. The 70 plus million still want him to be president, I guess they like people who are on the government dole and are do nothings.

 

Steve’s Barking; Is the United States economy about to explode 💣?

 Is the American Economy ready to explode? Probably not right now., but if the Federal Reserve starts listening to those nervous Nellies who keep predicting high inflation and stops buying bonds because of those who wrongly say there is to much liquidity in the country. And that the Federal Reserve must increase interest rates to fight off systematic inflation. 

 Well the travel industry is hit by high oil and despite record prices for tickets for plane travel there aren’t enough planes taking off because there aren’t enough employees. The profits aren’t there. The same will be true fo cruise ships. 

 There’s drought in the farm belt, and California because of the heat is a disaster. The auto industry maybe making huge profits, but those who need cars to go to work need cheep money to afford those expensive (cheep)  used cars. There are plenty of small businesses that can’t find employees so they have to raise the pay, and prices go with it and hopefully for them their customers remain loyal. 

 What I haven’t mentioned yet is the lack of 21st century infrastructure which is needed to for businesses to compete. Those building the infrastructure needs to borrow, the cheaper the better.

 What I’m trying to get at, is a good many of our businesses need cheep money to survive and thrive. As I’ve have said before cutting off money is more dangerous toward inflation then have slightly too much money.

* There is an indication that the stock market has risen because of the high liquidity. Is that a bad thing?

Steve’s Barking; Assault on America’s free market system 🥷🏻

 Congress is attacking the Social media giants. Break them up they are saying. They are too big and to 💪.Ya there are smaller social media companies but there not Facebook, Google( The search engine that’s a social media company) Twitter ( hold on I just named 3 companies, 3 giant companies that are in competition with each other) 🤔 Social media companies that have successfully competitors, don’t seem very monopolistic to me.

 Now the ex president of of the United States 🇺🇸 is suing these companies for not carrying what he has to ramble about. ( This is the same 🤡 who is this big capitalist, America 1st who is afraid of foreign competition 🤡)  It’s no wonder that he’s complaining like a 👶. Can’t take the truth that these companies are in no obligation to carry what ever he had to say. They are private enterprises not government entities. They are free market capitalist companies whose main purpose is to make 💵. 

Today the social media company , tomorrow the local supermarket for not carrying the brand of food that some loud people like will be under attack.

Steve’s Barking ; The end is near?🙀

 I’ve just been informed that this week there has been massive flooding in Moscow.

 Beijing had massive hail stones

 Germany and the Netherlands had massive flooding 

 These are stories that the U.S. press neglected to say or write about.

 They only want us to know about the terrible heat in our Northwest and Canada Northwest. 

 Are they afraid to give us too much apoplectic news, that we will not be able to take it, especially after the once in a century plague! So every one stay under the covers and maybe the apocalypse will disappear..

Ya think that all the natural calamities we would all come together.😜 No such luck.