Archive for January, 2019

Stagflation?!?  Hands Down Or Hands Up? (January 14, 2019)

Posted in Deflation, Economics, Inflation, Price, Stagflation, Stock Market on January 14, 2019 by e-commentary.org

. . .

K          “The way I see the economy unfolding and unfurling in the near future, everything in or on your hands right now (stocks, bonds, lands, gloves, etc.) will drop precipitously in price and everything you need to get your hands on to live (grub, aqua, tent, threads, etc.) will rise staggeringly in price . . . and in value.”

J          “The old ‘lose-lose’ situation.  So many people are living a hand-to-mouth existence without much in or at or on hand to use or to lose and not much in their pockets to hand over for daily necessities.”

K          “For those who rode the rise, the taxes that were assessed on the assets as they rose in price will not be rebated when the assets retreat in price.”

J          “And as the assets rose in price but not in real economic value, the ‘wealth effect’ induced and seduced the owners of the assets to spend more and to incur more debt because they thought they were effectively wealthier.  Those spent monies are gone and those debts are still naggingly awaiting discharge.”

. . .

[See the e-commentary at “The Fed: Deal with ‘Stag’; Deal with ‘Flation’? August 7, 2006)” and “Stagflation And The Fed (September 17, 2007)”.]

Bumper stickers of the week:

Hard come, easy go

stocks/2 + bonds/2 + lands/2 + gloves/2 + etc./2 = Net Worth;  grub x 2 + aqua x 2 + tent x 2 + threads x 2 + etc. x 2 = Recurring Expenses

The “Great American Race (‘GAR’)” Is Off.  Political Gerrymandering:  Courting The Problem (January 7, 2019)

Posted in Elections, Gerrymandering, Politics, Supreme Court, Voting, War and Wall Street Party on January 7, 2019 by e-commentary.org

. . .

K          “The Great American Race (‘GAR’) begins in earnest this month.  America consigns two years to select its Great Kahuna whereas Australia only devotes a more reasonable two months.”

J          “And the race is rigged at every turn and twist on the track.  Some candidates such as Bernie in 2016 find that the ‘D’ division of the ‘War and Wall Street Party’ itself operates a rigged preliminary heat.  Many citizens are forced to drive a long distance to get to the betting window and/or are required to stand in a long line.  Some citizens do not even get to bet on a horse at all.  The Great Voting Gauntlet (‘GVG’) dissuades and discourages many citizens.”

K          “The Great American Race (‘GAR’) is also the Great American Crime (‘GAC’).”  

J          “Do the GAR and the GAC add up to the GAG (‘Great American Game’)?”   

. . . 

J          “The Supreme Court agreed last Friday to take up some of the unresolved questions regarding partisan gerrymandering.  The two cases consider rulings involving maps in North Carolina and Maryland drawn by Republicans and Democrats, respectively, so extreme that the lower courts say they violated the rights of voters.”

K          “Perhaps we are off and running.”

J          “Or on and stopping.”

. . .

K          “The way I see it, the courts are the people’s second to the last resort before the people resort to the streets.  If the Court abdicates its duty to address the matter with ballots, the people will at some time address the matter with bullets.  The Executive branch is effete and enervated yet admittedly still too powerful.  The Legislative branch is a product and a by-product of the problem.  The answers are not easy or elegant.  Failure to address the problem and provide a partial answer is a complete failure and capitulation.  The suite or the street, that is the question.”

J          The way I see it, the courts are the people’s second to the last resort before the people resort to the streets.  If the Court abdicates its duty to address the matter with ballots, the people will at some time address the matter with bullets.  The Executive branch is effete and enervated yet admittedly still too powerful.  The Legislative branch is a product and a by-product of the problem.  The answers are not easy or elegant.  Failure to address the problem and provide a partial answer is a complete failure and capitulation.  The suite or the street, that is the question.”

. . .   

K          “The Court of last resort may be the court of second to the last resort.”

J          “Unless the populace just does not care or does not understand.” 

. . .  

[See the e-commentary at “Partisan Gerrymandering:  From Ballots To Bullets?  Oh, And Happy National Voter Registration Day! (September 24, 2018)” and “Five Red Rich Republican ‘Catholic’ Corporatist ‘White’ Boys . . . Versus . . .  Four Blue Comfortable Democratic ‘Jewish’ Individualist White ‘Girls’ . . . And All By-Products Of The S.I.C. (October 2, 2017)”.]

Bumper stickers of the week:

Election Day should be a national holiday

The suite or the street, that is the question.

GAR + GAC = GAG