Today's Tids Issue 6,005
Emote:
Happy Friday the... the... the... Oh well Happy day before Valentine's day.
I’d love to hear more about how the tariff’s income is being used to start controlling the ongoing deficit. Wasn’t that the original rational concept? Yesterday the Congressional Budget Office (CBO) said after a new projection for 2026-35 that “the United States is on an unsustainable path.” And that deficit spending habit projected now to be $1.9 Trillion, is not the National Debt which is at $38.681 trillion and counting... fast! Maybe AI can control when machines get elected to Congress.
What do you give a man who has everything? Penicillin.
If you ask me, Wall Street seems confused.
The Question:
What is the origin of teh Friday the Thirteenth superstition?
The Headlines:
--Stocks In limbo After report of Cooler CPI Number (Consumer Price Index); Pinterest Plunges as Tariffs Weigh Heavily on Customer Spendings; Robinhood CEO Sees Big Growth in “Prediction” Markets; AI concerns Confounding Ability to set Direction.
--Trump Pardons Five Former NFL Players Convicted of Crimes Ranging from Drug Trafficking to Fraud; Deceased Forner Heisman Winner Billy Cannon One of them.
--US Sending World’s Largest Aircraft Carrier, Gerald Ford to Arabian Sea; Iran Tensions Growing even as Iranian People Set Tiday as day of Mourning for the Masses of Friends and Relatives Killed.
It is written today that Crypto execs are more bullish than ever. Duh. Of course they are. They want gamblers' to get excited about buying again.
I hope two weeks of picking songs of love to end the Tids wasn't too annoying. Oh maybe it was was irritabek because I didn't prick your favorites. But I think stopping to to dwell on love for a while is much more helpful than anquishing over national and global foolishness every day. Drifting away; It won't hurt.
In case you are interested the Medicare spending ($1.9T) has just passed Social Security ($1.68T) as the Government’s number one budget burden. Defense is third at about $929 Billion. The national interest expenditures is $988 Billion, bigger than Defense.
What is Cupid's favorite band? Kiss!
Speaking of Tariffs... the NY Fed issued a report for 2025 showing that 90% of tariffs were paid by American companies and consumers. Not surprising to me. That's the way tariffs work. Tariffs in addition to raising money, are designed to make foreign made imports more expensive so that domestic made products can be completive. That is if we make the products or have the resources. They can be effective for negotiating and discouraging dumping, but there is no quesiton that the new result is higher prices for imported goods. There is little pressure upon foreign companies to pay especially if we and our companies need their products. Affected countries can always look for new trading partners. That;s the way a free market works.
In case you may have forgotten, Judith Durham to me is one of the great female singers of all time. How her voice resonates.
Why did the skeleton break up withhis girlon Valentine’s day? He didn’t haveteh guts ot ask her out.
The Answer:
Separately 13 and Friday were always considered ominous. It may go back to the fact that Judas was the 13th and lastguest to arrive for the Last Supper. And that Jesus was crucified on Friday. The fusion of the two dreaded superstitions may have arrived when French King Phillip joined with Pope Clement to roundup the Knights Templar after which they were tortured and executed. Later in the Victorian era tales were told that enhanced the potential tragedies associated with Friday the Thirteenth. I think you're all ok. Live and love.
Feel the love, E-v-e-r-y-b-o-d-y!!
What to do. How to end a string of love songs. There are so many more. I wanted something simple. Something direct. I thought of Debbie Boone's “You lightup My Life” A big hit i the seventies. I think it needs to be remembered even though elite critics liked to demean it. I'm a contrarian though. And of course who could not consider Celine Dion singing “My Heart will Go On”, or all the Rogers and Hammerstein love songs. I even thought of The Seekers with Judith Durham and “There Will Never be Another You.” So many places to go. But I picked this one way back in the pre-historic fifties, you know, when romance was schmaltzy.
