Bluntness

I've also been told I have little tact, so if this offends you simply ride on.

Tuesday, July 24, 2018

Flood Warning

Well, here it is Tuesday, I'm off work, and we're under a Flood Warning!
I have about 1 inch of water in my basement.  Not that I'm concerned, I have pumps.  This has happened before.  My parents grew up in a small town called Pine Grove.  It made the news yesterday.  Hershey Park was closed yesterday.  We had flooding like this about 12 years ago and some of their animals drowned.  Now they take extreme precautions.  Right now, we have a steady rain, not heavy, the kind we like to think of as a 'soaking rain.'  That's fine.  My basement floods when we get torrential downpours.
Sticking with that water motif, I'm going to segue into Aquaman.  Cute, huh?  Sounds a bit fishy to me.  Anyway, the trailer for Aquaman was dropped at Comicon.  Looks good, very colorful.  Best line in trailer in decades:  "Redheads, you gotta love 'em."


I'll go see it, not because I'm a big Jason Mamoa fan.  I always thought he came across as a bit too scaly.
Finally, a bit about the economy.  Everybody is smiling.  The Idiot Jerk in the White House smugly gives a thumbs up "see how it's growing under my administration."  For those who don't know, the economy grows when people spend money.  The more they spend, the faster it grows.  True: unemployment is low.  False: people are making more money.  That's where the stink comes in.  Personal debt is growing by leaps and bounds.  Banks don't care.  Retailers don't care.  And sure as hell, the Idiot Jerk in the White House doesn't care.  They don't care if the average person is spending around 26% of his or her paycheck on debt alone.  Their philosophy is:  just give them more credit.  As long as people are spending money like it's going out of style the economy is going to grow.  This is why the Fed increases interest rates, to slow down that growth, to keep it from becoming overwhelming.  Corporate America likes to fluff over interest payments.  They want  Mark and Mary Moron to just get another credit card, or apply for a Home Equity loan in order to go on vacation.  Conservative economics say that if you spend more money, businesses will make more money and they will, as a result give out larger pay increases.  Well that never happens.  Pay increases are bad for the bottom line.  For them the P & L is Holy.  In fact, that's one of the things you hear about this economy.  Where are the pay increases?
So, is the economy great?  Sure, as long as you don't look at personal debt.  High interest payments are at the point of breaching the dikes of our personal savings.  Financially, the country is under a severe flood watch.  The flood warning is just around the corner.

8 comments:

  1. The best way to understand ______ is to realize the opposite of everything he says is the actual truth.

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    Replies
    1. It's all about the rich getting richer and screwing over the little guy.

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  2. RTG was looking at pix from knoebels park yesterday; flooded, but not as bad as it was under hurricane agnes in 1972. RTG spent much time at knoebels in his younger days.

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    Replies
    1. I keep checking out my basement - drains naturally with the stone foundation. Right now the water seems to be coming in as fast as it's going out & it's not deep enough to use the pump.

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  3. Salaries aren't budging at all, and haven't in what seems like forever. And everything keeps getting more and more expensive. As for low unemployment, that's all well and good, but how many people are underemployed and/or underpaid? With few or no benefits...the most important of which is health care coverage. If the working and lower middle classes would just wake up and realize, no, the economy isn't good. Not for them, anyway.

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    Replies
    1. One of the problems is that they look at their 401k's and jump with joy, not understanding that balance can be wiped out in a couple of days.

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  4. I have decided to just stay in those little briefs you saw me in till this rain and weather passes.

    ReplyDelete