Today's Tids Issue 5,427
Is anybody listening:
Today is MLK day as you all know. I'm thinking of one line he said: “I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin, but by the content of their character.”
Remember when a trillion was a big number? T Remember when Rockafella gave away dimes to appreciative crowds. Remember how people who experienced the great depression became cautious on how they would spend money.
Credit Card debt has reached all-time highs. But even more significant is that APRs are as high as 30% which makes getting out from under nearly impossible. The underlying problem is that while bankers' bottom lines are flush, consumer bank accounts are being flushed. And that is a collision destiny we don't want to see.
The newly elected president of Taiwan Lai Ching-te is viewed by China as a “Troublemaker”. Biden said yesterday that the US does not back an Independent Taiwan. Am I still on the same planet? I thought we promised to stand by Taiwan, at least until they stopped producing microchips. But what do I know.
Hey, 50 years ago today “Happy Days” premiered on TV. Remember “Happy”.
Italian American dream: Life, Liberty and the Prosciutto of Happiness.
The Question:
For many, the Swiss Army Knife is a must have accessory. Why do they exist and about how many have been sold since they were first invented? Bonus: Name the five top characters in TV’s Happy Days.
The Headlines:
--US Markets Concerned that Europe is Backtracking on Easing.
--New CBS/YouGov Poll, Repub Candidates Versus Biden: Haley 53 to 45, DeSantis 51 to 48, Trump 50 to 48.
--Today Marks beginning of US primary Countdown as Icy Iowa Caucus to Provide First Hints.
--Biden Says US Doesn't Support Taiwan Independence after Taiwanese elect US Friendly Prez
People are learning fast that buying their own groceries and making their own meals is a helluva lot cheaper than eating out where meal prices are skyrocketing. The big misnomer is that pep[;e think that because inflation is down, prices are too. Absolutely not. My personal observation tells me dining out meals are 20-30% higher. Will the next big cultural shift be dinner parties at homes? I wouldn't be surprised.
It appears that simmering neath the ivy-covered quads is a growing number of young Americans who don't think getting a college degree is worth he tuition debt. Yes, it is definitely a possibility there may be a paradigm change in college education. But it won't slow the building of sports arenas on campus.
It appears that De Santis is dead, Haley needs a good showing today, a decent win in New Hampshire and a big win in her home state of South Carolina that would eat into Trump’s Immovable support, or else it may be over for her too.
Did you see where Hertz is selling 20,000 EVs from their auto fleet and nf putting te money at work to but y more gasoline powered cars. They state higher damage repair costs (And oddly more crashes), and higher depreciation which is hurting their financials and resale valuations. And there have been more customer complaints. The underlying problem: Will fed and state governments soften their mandates on EV ownership levels as the consumer rush to EV tapers. (Note: GM and Ford are reducing production objectives as sales falter.)
If you look around at just those two examples – cost of dining and EV sales progress, the common fact is government meddling in businesses – setting labor costs and production objectives.
I love to watch Jerry Jones sulk. Go Green Bay.
BTW, today marks the anniversary of the first Super Bowl where Green Bay beat Kansas City. Was that the secret hidden ingredient of greatness that propelled teh Pack yesterday? Wow did that bunch of youngsters leave the Cowboys in the prairie dust.
As labor costs in the restaurant business soar, like the painful California Newsome $20 mandate, expect more technology to be introduced to cut out people.
By the way, two nights ago I had a super delicious hamburger at home that cost about a buck a burger., Match that against a burger these days of $16 to $18 a burger in big restaurants and an "inexpensive” Fast food burger today at about $8-$10.
It will be frigid still in Beautiful, Buffalo, but I am looking forward to this evening’s postponed game between a resourceful Steeler team and a very explosive Bills tea.
On the all-is-relative front, weather forecasts of extreme cold in Dallas is summer in Minnesota.
The Answer:
The Swiss army knife was originally made for Swiss soldeirs in 1891 equipping them blade, reamer, screwdriver for weapons and can opener. The first knives were made in a German factory Carl Elsinor brought them to his precision products factory in Switzerland within a year, which would become the current Victorinox. (Victoria was Elsenor's Mother’s name and “Inox” is stainless steel) A parallel Government authorized Swiss Army Knife manufacturer Wegner was acquired by Victorinox in 2014. In 1893 Wegner started the continuing argument about which was the orginal. It is estimated that over 500,000,000 Swiss army knives have been sold, mostly to replace knives confiscated in airports by TSA agents. Bonus: Of course, there was the Fonze and Richie Cunningham played by Henry Winkler and Opie, I mean Ron Howard. Mr. and Mrs. Cunnigham were Marion Ross and Tom Bosely. Sister Joanie was played by Erin Moran and Pals, Ralph Malph and Potsie Weber played By Donnie Most and Anson Williams. That was teh nucleus, but the show was loaded with great supporting characters too.
I’ll try to be funny tomorrow.
Today is also the birthday of one of my favorites, drummer Gene Krupa. There have always been arguments about just how good Krupa was, but he set the bar high back when he and Benny Goodman, Harry James and Teddy Wilson and so many more swing era greats were making Americans feel good about themselves again as they came out of the recession. Lets drive into the week with Gene Krupa.
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