Monday, May 15, 2023

Steve’s Barking; “Think” exercise and thank you!

I’m going to try to do an exercise in thinking!

Let’s assume that a very Prestigious university has 2000 students in it’s incoming class. Of Those 2000 students 250 are ( white) Legacy students or 1/8 of of the incoming class. According to statistics this holds pretty much true for the past 20 years that these statistics were being kept. This Prestigious university wants a diversified university therefore of the 1,750 the standards were lowered for some students to get a more diverse student body.The first question one should ask oneself are these standards lowered for the legacy student. If they were would that negate the complaints of lowering the standards for some of the students that aren’t legacy students.

It has come to the attention that those who graduate this Prestigious university make on the average 40% more then those who graduate most other universities. The next question being do the legacy students bring the amount of money that graduates of this University make? Would many of these legacy students be making the same if they didn’t go to this Prestigious University?

It has come to the attention by statistics that a majority of those of those in this University who were brought in to diversify the University are making 30% less then those who weren’t brought in to diversify the University. The next question did those who came to this University as diverse students mingle with the legacy students, and did  those who mingled with the legacy students make more money then those who didn’t?

This is a test my thinking ! I could very easily say that this university should do away with legacy students to have a more diverse student body, but I would have to ask myself would this diminish this University by having more seats, and the possibility that the income of those graduating would go down. I have to ask myself is the university really diverse if student’s don’t mingle with one another. Are those students who were there to diversify the university really helping themselves by not mingling. Do we rely to much on statistical and not delve into the reasons why? Are we lazy?


Monday, May 8, 2023

Steve’s Barking; An idea 💡 to put back America’s debt crisis.

 Democrats promise not to propose any new financial incentives for at least seven months with the exception of emergency measures, including fixing America’s infrastructure. The Republicans promise not  to hold up financial bill for those seven months. The leadership of the Democratic Party allows those who demand new spending to up to a third of there members to vote no, and the same for the Republicans to vote no because there are members set in their ways. I’m 👀 at this as a compromise that I ( foolishly) believe is workable. We can therefore pay our bills.

Sunday, May 7, 2023

Steve’s Barking; Why is there so much “my” right in America

 We the citizens of the United States have unimaginable rights that other countries don’t have.But these RIGHTS are not unlimited. A drunk should not have the right to carry a gun in the street, and shouldn’t say you can’t take my gun, it’s “ my “ right. A transgender woman doesn’t have the right to compete n women’s sports because of the huge advantage, this women shouldn’t say you can’t stop me from competing as a women, it’s “my” right. A person driving a car can’t drive on the sidewalk claiming that it’s “ my” right to get out of traffic. A person shouldn’t stop an other person just because they believe that person shouldn’t be there, and then claim it’s “my” right to stop that person. Why when an officer stop some person one and frisks them and are asked why, they say it’s “my” right as an officer of the law. A person who is walking a dog and the dog does its thing in the street and doesn’t pick up, that person can’t say it’s “my” right to walk my dog anywhere I choose, and it’s “my dog’s” right to do his business anywhere he chooses. A person can’t park by a fire hydrant and say “we’ll I’m only making a delivery” It’s “my” right so I better not get a ticket. A person doesn’t have the right to drive without a license, and that person can’t claim well it’s “my” right to drive..

What I’m complaining about, there’s to much me ( my) in claiming rights.

When claiming rights to often “my” tramples “ “ your” rights

Thursday, May 4, 2023

Steve’s Barking; No Glass Siegel would not have prevented present-day been crisis

The present day bank crisis in America would not have been prevented the bank crises. Glass Siegel legislation was commercial and investment banks should be separate. The crisis came about because there wasn’t enough money to pay deposits. What banks were doing was there reserves were in government securities that the banks couldn’t sell because the interest rates were too low. First it was one bank, then another. It appears that there is a run on several banks because of fear, too many depositors with over $250,000 deposits are fearful they will lose their money. What is happening well financed institutions are buying assets of shaky banks. America can only hope that the buying of assets by the well financed institutions will settle in the minds of depositors that their money is safe. If not the Federal Reserve will have to step in and and put out the fire that they in all likelihood started.

No the old regulations would not have stopped a run on the banks!

The banking crisis in America brought on by ourselves could become a problem that America’s enemies couldn’t have done as hard as they might try!

Wednesday, May 3, 2023

Steve’s Barking; Moscow hit by drones!

 What do you know Moscow was hit in a drone attack!
 Moscow claims that these drones came from the Ukrainian!
 Is the Russian air defense that bad that it can’t stop a slow moving drone?
 Is it a false flag to gain sympathy?
 Is it disgruntled Russians?
 Is it Ukraine sabotage?
 Could it even be an angered Russian military.
 Maybe it’s an excuse for Putin to stay out of town ( to get medical treatment) and not to show weakness.
 What ever the reason it doesn’t appear good for the Kremlin!

Steve’s Barking; America’s fast moving freight train the Fed

 It appears to me that the Federal reserve is like a freight train once you get started on something is very hard to stop, it is very hard for them to stop quantitive easing now it’s very hard for them to stop raising interest rates. It’s like a moving freight train.

Friday, April 28, 2023

Steve’s Barking; Thr price of oil should go up , maybe maybe not🤷‍♂️

 OPEC said that they are cutting production of oil. China is back after Covid lock down. India is gearing up for larger industrial 🏭 production, and the West is all but boycotting Russian oil. Oh did I forget to mention that India and China is buying that Russian oil at a discount and they therefore don’t need OPEC oil that much. Hummm do ya think maybe 🤔 just maybe because to big oil markets don’t need OPEC oil that much and the US and North Sea oil is still producing the same amount of oil, the price of oil just might not go over the 80 dollar mark!