Friday, October 29, 2021

Steve’s Barking; The buying of money ๐Ÿ’ฐ

 For the past decade or a little longer the cost of ๐Ÿ’ฐ has been dirt cheap. Companies such as Amazon and Tesla were able to to borrow either through banks ๐Ÿฆ or the selling of businesses bonds. The cost has been pennies. Now the know it all are demanding that the federal reserve raise rates. Whoa is me if one ๐Ÿค” thinks that inflation is high now what do you think ๐Ÿค” will happen when these companies have to raise their prices to keep up with the cost ๐Ÿ’ฒ of money ๐Ÿ’ฐ. Will some major companies go under? There by having fewer items. Will the cost ๐Ÿ’ฒ to consumers who buy on credit make stuff unaffordable to them. Will buying a house ๐Ÿก be out of range for many because the mortgage ๐Ÿ’ธ is too high. Maybe ๐Ÿค” eventually the cost ๐Ÿ’ฒ of housing will come down but the real cost will be too high for many to buy. Demand is always there. I haven’t seen any greater increase in demand, what I am seeing ๐Ÿ‘€ lack of goods. Now if one ☝️ thinks that having the cost of money ๐Ÿ’ฐ rise will bring inflation under control I have to question you intelligence. 

Those who want the federal reserve to raise interest rates may not realize the consequences. America ๐Ÿ‡บ๐Ÿ‡ธ maybe ๐Ÿค” in-for a worse economic crisis that would put the Great Depression to shame. 

Thursday, October 28, 2021

Steve’s Barking; Tesla, how is Tesla producing all it cars? ๐Ÿค”

 Question of the day, how the heck is Tesla getting all it’s chips to produce all the cars that it’s delivering while all the other car companies can’t produce enough cars because there is a shortage of chips. ๐Ÿค”

Sunday, October 24, 2021

Steve’s Barking; Congressional Healthy Care Plus, for all

 We the people of the United States should demand Congressional Healthcare Plus for all of Americans.
 The congress of the United States gets to chose over one thousand insurance companies. What makes congress persons so special and more privileged  then the rest of us citizens.  
 Congress also can get eye and dental coverage, why can’t the rest of us have the same privilege as congress? 
  Who made congress people the chosen ones when it comes to healthcare?

  **** I  keep hearing some politicians pushing Medicare for all. Medicare is the worst devised health care
System. One payed taxes through out their entire working life for hospitalization insurance once they hit 65. Of cause it doesn’t pay for the doctors even know n the hospitals.You  have to buy Medicare part B for doctors, but Medicare doesn’t pay it all, so those on Medicare have to buy supplementary insurance and the Medicare patient still had a co pay and if there are several procedures one has to pay co pay for each procedure. Oh the other thing you might have to buy drug insurance and pay co pay on drugs.

***** Congressional healthcare plus should also include subsidies on a sliding scale to those who can’t afford what federal workers pay for their part of healthcare insurance.

***** Now I know that there are some Chicken Littles out there, screaming we can’t afford it.
We’ll let start by saying every ones property tax would go down, .We would no longer have to pay Medicare tax.  The general fund would no longer have to pay Medicaid. So the cost to the general fund would go down for healthcare.

(Ideas)
Have a tax on business, with  10% discount on what the average business pays for medical coverage.
Have a 2% tax on ghoul income ( estate tax).
Have a 1/2 a percent tax on stock transfers.
I’m sure one can think of other penny taxes that will make up the differences that will pay for Congressional Healthcare Plus for all and help train new doctors and nurses.

The additional cost is not as high as those fear mongers would have one believe.
Much of the tax cost would be offset by reduction and eliminating other taxes and costs that go into our current healthcare system.
  


Friday, October 22, 2021

Steve’s Barking; Trump and that golf course๐ŸŒ๐Ÿฟ‍♂️ in the Bronx

 The Trump organization runs the ⛳️ course in Bronx NY. 
 As far as I know the know it’s a wonderful ⛳️  course.
 As far as I know the organization pays it bills ๐Ÿ’ธ to the city on time
 Now I understand that the mayor is ๐Ÿ˜  with Trump because of January 6th.
 My humble opinion that’s tough ๐Ÿ’ฉ๐Ÿ’ฉ. The Trump organization didn’t break the contract, it appears to this layman’s  ๐Ÿ‘€  that the city is wrong!!! I’ve been told that this country ๐Ÿ‡บ๐Ÿ‡ธ is a nation of laws, and that includes contract law. It a appears through my ๐Ÿ‘€ that the mayor wants the city to be a contract  lawbreaker.

Thursday, October 21, 2021

Steve’s Barking; To ๐Ÿ’‰vac or not to ๐Ÿ’‰vac, that is the question

 Whether it is nobler in the mind to Vaccinate or not to vaccinate.
 New York City is one of the few places that demands its workers to vaccinate or stay home without pay ๐Ÿ’ฐ 
 Now I’m retired and I’m vaccinated ๐Ÿ’‰so it makes no difference to me. 
 Now I fight for the right of businesses to demand that it’s employees be vaccinated and that government interference is communistic. That being written I can’t help but wonder if Mayor the De Blasio is right in demanding that all city workers be vaccinated ๐Ÿ’‰when there is a labor shortage in all departments of city government.
 I understand that it’s one ☝️ of the mayors job to keep the city health, and being vaccinated๐Ÿ’‰lessons the chance of catching Covid 19 and it even lessons the chances of dying but by how much. Think ๐Ÿค” of all those Yankees who couldn’t play a significant amount of games because they had Covid even after being vaccinated. And what about General Powell who died from Covid even though he was vaccinated.
 Now I may believe in being vaccinated๐Ÿ’‰but I know of several people with much higher IQ then I have, who don’t want to be vaccinated ๐Ÿ’‰and actually believe that it might be harmful to them.
 Getting back to my original thought how wise is it to insist that all city workers be vaccinated?

 *** The vaccinations question is just as a divisive in the United States ๐Ÿ‡บ๐Ÿ‡ธ as The Donald. One ☝️ would be surprised ๐Ÿ˜ฎ as to how many Democrats don’t want to be vaccinated ๐Ÿ’‰!

*** Is the New York City mayor a mirror image of Tex governor Abbot, only instead of calling him a communist we’ll call ๐Ÿ“ž him a fascist dictator.

 

Steve’s Barking; The death ☠️ of American conservatism

 In the beginning of the United States ๐Ÿ‡บ๐Ÿ‡ธ the original conservatives believed in a strong centralized government ( Hamilton and Adams, Washington among them). If you were to ask the modern Americans who call ๐Ÿ“ž call themselves conservatives they wouldn’t agree. Those original conservatives believed in a very heavy tax code( Real estate and liquor ๐Ÿฅƒ taxes the chief taxes).
 The late ⏰ 19th century Americans who ๐Ÿ“ž themselves conservatives would be appalled ๐Ÿคฏ of the interference of business by those who call ๐Ÿ“ž themselves conservatives.
 In the beginning of the 20th century the conservative movement was anti large military ๐Ÿช–though the original American ๐Ÿ‡บ๐Ÿ‡ธ conservatives were just the opposite. The newer conservatives are for a large and stronger ๐Ÿฆพmilitary ๐Ÿช–.
 Those who call ๐Ÿ“ž themselves conservatives today have a problem with collecting taxes. It’s as almost ๐Ÿ˜… they don’t want taxes to be collected as they refuse to adequately fund the IRS. And they call ๐Ÿ“ž that being a conservative๐Ÿค”๐Ÿคท.
 They tell businesses how to run their businesses ( as if their businesses were part of government ( think ๐Ÿค” Twitter, Facebook and Google) must carry their nonsense ๐Ÿ˜)
 Those who call ๐Ÿ“ž themselves conservatives are telling  businesses that they can’t insist on vaccinations ๐Ÿ’‰of employees and can’t insist on masks ๐Ÿ˜ท. Texas  conservatives are even acting like the old communist GDP in encouraging citizens to rat ๐Ÿ€ on each other in their abortion law.
 In my humble opinion this this is further proof that conservatism is dying if not dead ☠️ in America.


*** Barry Goldwater whom some called the father of modern conservatism believed in abortion rights, integration ( though not federal government mandate) and women’s right.
  
*** Richard Nixon opened the door to ๐Ÿ‡จ๐Ÿ‡ณ, Affirmative action, permanent cola for Social Security.

Saturday, October 16, 2021

Steve’s Barking; Americans are leaving their jobs in record number or not?

 I keep hearing and reading that Americans are leaving their jobs. 
 Well I hope that they have a better job lined up, hell if I had a great job and a better employer or much higher salary I’d give my two weeks notice and leave too. Unfortunately that not what the headlines are screaming, no the headlines are screaming that employees are feed up and their not going to hang around.
Now there is no indication how these employees are going to pay their rent. Buy their food. Go out and have a grand old time without income coming in. Perhaps these employees saved up big time during the pandemic and don’t have to work for a while. Perhaps these people who just got up and quite decided that living in the street and pan handling was the life for them. 
Now I’m writing this gobble gook because it makes no sense to me, there is no unemployment insurance, no welfare state giving money to people who just got up and left their jobs.Why are people leaving their jobs unless they are ready to retire and yes they can, and are exhausted and just said time to retire by, by to work.

* Maybe I’m missing something but why are Americans really retiring?



Friday, October 15, 2021

Steve’s Barking; Can anybody understand this inflated economy ๐Ÿคท

 We’re in an inflationary period in America and in Europe. Of cause the prestigious(?) know it all’s from the prestigious university are saying the Federal Reserve tighten monetary policy even though this inflationary period is supply side inflation. This (meaning me) know it all says that if you really want runaway inflation tighten the money supply. Too many (perhaps up to one quarter) of business are able to stay in business due to the fact of cheap money. Now as I do recall from economics 101 too few businesses mean too few products to be sold, inflation would then go up. 

Now I do recall stagflation, and if I am right about tightening the money supply the stagflation of old would look like a mole hill compared to the mountain of problems that would happen including a deep recession with a staggering inflation. Can anybody say Argentina, perhaps Brazil. 

Sunday, October 10, 2021

Steve’s Barking; Why The discrepancy in the jobs report for September?๐Ÿค”

 The department of labor jobs report for September shows 194,000 new jobs. Now if I’m not mistaken they get their information from a telephone ☎️ survey of employers.
 ADP reports that was September new jobs in the civilian workforce was 568,000. Now if I’m not mistaken they also get their information from a telephone survey of employers.
 Now if they both get their inform from telephone ☎️ surveys why the huge discrepancy?
 Now as far as I can tell none, zero, zilch news reporting (  conservative, liberal, honest and dishonest) questioned this mountainous discrepancy!

 * Can jobs reports be trusted?
** Are Trump appointments fudging the job reports from the department of labor?
*** Wouldn’t the IRS collecting of payroll taxes be a better indicator ( I know wouldn’t do for our instant gratification).

๐Ÿคท Why is ADP report 3X as many jobs as the department of labor. That’s an extremely troublesome figure.


Friday, October 8, 2021

Steve’s Barking; Let Mexico ๐Ÿ‡ฒ๐Ÿ‡ฝ and Mexicans help

 Cargo ships ๐Ÿšข are out in the ocean ๐ŸŒŠ waiting to drop off their cargo in California ports because their are enough(pick your reason) drivers to to take the cargo on trucks, not enough trucks, not enough dock workers to unload the cargo. Now the 6 trillion dollar ๐Ÿ’ต question is are their enough truck, truckers , dock worker and space at ports south and north of the border to alleviate the bottlenecks that have brought about bending my inflation in clothing, furniture ๐Ÿช‘ and the most essential item for the Christmas season, ๐Ÿงธ toys. Even giving foreign workers temporary visas to drive the goods to market.

(1) I don’t know ๐Ÿคท if Mexico and Canada ๐Ÿ‡จ๐Ÿ‡ฆ have the workers and the ports to alleviate the bottle necks at US ports.
(2) If they have the ability  does ๐Ÿ‡บ๐Ÿ‡ธ have the smarts To ask our neighbors for help and to pay these foreign workers (truck drivers)if they come to the United States.