Today's Tids Issue
4,128
For Unencumbering:
Keeping
up with the Jones is killing the Smiths. Every time somebody
over-pays to be accepted into a desirable neighborhood, everybody who just
wants to live comfortably in a pleasant neighborhood will have to pay up over time.
The government says we have no or little inflation. Of course, that’s because
housing is not included in inflations statistics (CPI). Maybe we will have to
import our neighborhoods from China.
Well,
you knew it had to happen. Things were just going much
too smoothly between the US and the historically erratic Kim for there not to
arise a possible stumbling block. Obviously, Kim feels he has given and is now
looking for some “Good Faith” in return before the summit. It's called negotiating.
Thanks
for
explaining the word “many” to me, it means a lot.
I
have been extremely busy doing absolutely nothing so
far this week. I fact, this is the first morning where I feel I’m out from
under any compelling time crunch. But, alas, I seem to have lost out in my
quest for words to type. I guess they don’t call me “Panic-Man” for nothing –
writing my best stuff when under time constraints at the last minute. This
reminds me of college.
Music
appreciation has always been in the ears of the
beholders, and the music of today isn’t beholding to the ears of yesterday.
The
Question:
How old were Marie Antoinette and King Louis XVI
when they got married? Bonus: Who
was Pierce Brosnan’s co-star in the TV series Remington Steele?
The
Headlines:
--NK Threatening To Cancel Summit; Revelations
Unnerve Wall Street; Stocks Above Water After Early Morn Sinking; Macy’s Routs
Sales Estimates And Projects Strong Rest Of Year.
-- Gina Haspel Passes Through Senate
Judiciary Committee; On Track To Be First Woman To Head Spy Agency.
--1800 Pages Of Transcripts For So-Called Trump
Tower Collusion Meeting Between Russian Lawyer Natalia and Donald Junior Shows
No Indication of Any Collusion; Meeting Was About Adoption, As Young Trump Had
Said Earlier.
--Powerful Northeast Storms Kill 5, Knock Out Power
And Snarl Commuting.
--McConnell Prefers Inter Party Cooperation For
Approval Of Trump Appointees Over Nuke Option; Senate Leader Says Cooperation
Is Picking Up this Year.
--Guatemala Follows US lead And Moves Embassy To
Jerusalem.
--Putin Walks Across To Open Crimea Bridge; Stray
Cat Beats Russian President Across; US protests: Putin Answers, So?
--The Voice Final Four Selection Begins With Upset
As Spensha Baker Surprises And Joins Favorites Brynn Cartelli, Kyla Jade and
Britton Buchanan.
--Amazon Cuts Whole Food Prices For Prime Members.
--Carolina’s NFL Team The Panthers To Be Sold For
$2.2 Billion.
An
illegal is a sick bird.
In
our long history, only two presidents have been impeached
– Andrew Johnson and Bill Clinton. But neither were found guilty by the Senate
-- Johnson winning out by merely one vote shy of the two third’s majority needed.
Clinton needing 67 votes for conviction only received 50. The thing is, the wild
crazier Dems can shout impeachment, but the chance of getting any president of
office is minimal as long as the opposing party has less than 67 members.
Rabblerousing works in loose cannon, third tier countries, but not in civilized
Republics.
My
Grammar-Check system seems to be having a bad spell today.
In
case you are interested, the Housing costs are not included
in the CPI because housing is not the price of something consumed because
within that number is the capitalized value of future housing consumption. The
fact remains, that people can’t afford housing today, so they will never understand
the value of long term capital growth. And if wages rise to afford new high
cost homes, companies paying those wages will necessarily increase the cost of
consumed products. And higher mortgages sucks money out of current day consumption.
So while you can make sense out of the explanation it is not necessarily common
sense.
Christie’s
International has revealed that so far this year there have
been 36 homes offered for sale with price tags of $100 Million or better! It is
a signal that the global wealthiest have gotten over the uncertainty associated
with Brexit and the Trump Election. The most sought-after markets for the
trophy homes are Hong Kong, New York, London, Singapore and San Fran. But, the hottest
could be Paris, Washington DC and LA. How come Wash DC, which should be the
model for Affordable Housing? Oh, it is? Yes, for lobbyist and retired lawyers.
Nobody
was more in shock last night at The Voice results show than
Spensha Baker after being named as the first singer for the final four. That
immediately pushed the pre-show favorites one rung lower. And surely enough, one
of the most consistently high vote getters, Pryor Baird, missed out.
Liberals
often cross the line into the capitalist corner when they
see their towns add whopping taxes on corporate sales and profits.
The
first computer dates back to Adam and Eve. It was an
Apple with limited memory, just one byte. And then, everything crashed.
Warren
Buffet Sells stocks Seldomly but when he does it is
for one of two reasons. First, to raise cash to buy something eh sees as having
a better future, He will even sell at a lower price in order buy something even
cheaper. (With $100 Billion in cash today, this does not happen often.) The
second reason does occur more often and it seems more often in these times of
rapidly changing fundamentals and landscapes. For instance, he sold IBM because
he misjudged the company’s competitive challenges – or, “When your original
thesis no longer applies get out”. In other words, don’t keep a company because
it is historically simply big and powerful.
A
North Carolina man lost his lawsuit against the city for
whom he worked. While on a coffee break on a job he lit up an eCigarette and
soon started coughing violently, so much so that he died. He died from his own smoking
and sued the city because he was at work at the time. Shoot me. BTW, the court
threw it out. Thank God.
Spell-Check says Unencumbering is not a word. But the way I see it, to go from encumbered to unencumbered, you have to go through the process if unencumbering.
There
is no truth to the rumor that Debbie Wasserman Schultz and
Loretta Lynch were seen talking to Kim Jong un about how to make Trump bend
before the summit.
The
Tids Economic Department has often suggested caution when investing
in Chinese ventures. Of course, the problem being the enduring threat of
surprise government interventions. I was talking to an ex-commodities trader yesterday
who told me the sad tale of the demise of a one super successful grain transport
compony Trans Coastal Supply. All was well until one day when a Chinese inspector
rejected the grain shipment due to the discovery of a non-Beijing approved
genetically engineered strain. Bingo: Company dead. Part of the problem was also
that the company had dropped all of its eggs into the Chinese soup.
The
Answer:
Marie was 14 and the King to be was 15 when married.
So, basically the couple reigned in statuary rape. Bonus: I always thought Pierce Brosnan got too much of the
publicity when I liked Stephanie Zimbalist much better.
No
matter how much a wannabe tries, he or she can never
afford a bigger boat than the people they are trying to catch.
I
can afford to go to a gym, but I can’t afford the clothing
you need to work out there.
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