Excess unwrapped.

 

 

 

Today's Tids Issue 6,088 

Softer, softer: 

 

It's legal to bask now as summer officially arrived over the weekend... along with the beginning of the countdown to the shortest day in the cold of winteer. Its’a always good to balance out realty. 

 

Remember how Teddy Roosevelt aways said, “Speak softly, but carry the big stick and you will go far.” We still have the big stick.  

 

Alan Greenspan died today. Remember his phrase “Irrational Exuberance", which many connect to the deterioration of the DotCom bonanza. It was not a severe warning but a cautionary phrase in a question he asked of bankers: “How do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contraction?” It's always worth thinking about history. Humans always do the same thing from era to era. Fashion and cultures change but the results are alwsy there to remind us. If we look. 

 

The Question: 

Who were the last five Fed Chiefs. Who was the first Fed Chief?  

 

 

The Headlines: 

--Nasdaq Down Significantly and Dow nudges upward; AI Expense Concerns Grow; Space X Flames Out for third Day in a Row.  

--Kier Starmer Resigns; Andy Burnham Sworn in as New UK PM. 

--Iranians Walk Out of Negotiations after Trumps latest Verbal Barrage.  

--Russian Troop Buildup Latest Step to move to take Last Ukraine Eastern Stronghold Donbas.  

--Iran Says Peace Talks are Progressing. 

--Music Titan Clive Davis Dies.  

 

Today I saw a bunny 

It hopped, was kind of funny. 

Yet this June, I’m in dismay 

My flowers are in his tummy. 

 

I read a headline on June 21, “July fourth to set record for cars on the American roads. Maybe if people read that headline they’ll reconsider getting tangled in the morass and stay home thus undermining the record attempt. But there are lots of people who like to be smothered in the mess so they cna say they were a part of the record. Humans. 

 

Alan Greenspan dies at 100. It reminded me that i would prefer brainy types of measured people at the head of the Fed. 

 

 

For a month or so it was Marco doing all the talking for the Admin. Now it's Vance, and Rubio has virtually disappeared. Just as JD when Rubio took over the microphones. It must be weird in the inner circles.  

 

Those floods in Mississippi are terrible. They are especially concerning because people who have lived there all their lives have never seen anything like it.  

 

One of the great pluses of th World Cup being held here is that global travelers are saying that the USA is nothing like what we see reported on the news.  

 

There's a lot to be said about the old adage, “Familiarity breeds contempt.” Or at least misunderstanding or misappreciation. It’s probably why people travel so much, to find th same thing they have here in another setting. 

 

 

I can tell early when a series on a streamer like Netflix doesn't have enough plot to fill eight episodes. They spend huge chunks of time in what look like music videos, travelogues with snippets of lovers in happy places to a background of pop music.  

 

Do you think the 250th anniversary celebration will be too much of a good thing leading to a numbed down population?  

 

Seriously, national pride is a great thing. But I Tink a lot of people do it well all the time, saying it simply with an American flag on the front porch. That is, if it isn’t against the rules of an HOA. Yikes.  

 

Actually I use American flag golf Tees. The way I'm playing, it may be considered treasonous/ 

 

Windham Clark did it the right way for a change, during his Open win this week New Yorkers who will bo anything Really took it out on Clark. considering the nature of his past conniption fits it wasn't surprising, The  crowd cheered all of his bad shots anda particularly bad drive on hole 16 that landed in the tall grass. He with a one stroke lead was doomed, and the booers rejoiced. But Clark took hsi time and managed a very good shot out of the mess to the fairway. Thena money shotothe green to give him a chance at a 24-foot putt for a bird. He made it, and even his naysayers stood and applauded, Clarek was all of a fine sportsman in his post game remarks. He rose above. For a change,  

 

People have a way of changing once they have understood their errant ways. 

 

The Answer: 

The first “Governor of the Fed in 1914 was Charles Sumner Hamlin. Going bacjards we had Jerome Powell, Janet Yellen. Ben Bernanke, Alan Greenspan, Pau; Volcker, G William Miller, Arther F, Burns, William McChesney Martin and Thomas B. Mcabe. Greespan and Martin served 19 Years.  

 

See you all tomorrow!! Its been fun.  

 

 

 

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