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John T. Reed’s news blog

I no longer recommend Swedish currency

Posted by John Reed on

I added Swedish currency to my list of those I hold and recommend. I am taking them off the list. That country is committing some sort of suicide with their immigrant policy. I have seen a number of news reports about it most recently Tucker Carlson tonight.They let a whole lot of Muslim immigrants in starting in the 1970s. They are now 4.6% of the population. Few of the Muslims work. The vast majority are on very generous welfare paid for by Swedes who do work. Rape capital of Europe And the Muslims commit crimes against the Swede, especially rape....

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Why no Disneyland in Latin America or Africa?

Posted by John Reed on

Here is a fun back-and-forth from Facebook:Danilo Josue reposted one of my posts: Post from John T. Reed about politico-cultural differences between Anglos and Latin-Americans written in his brash style. However, the great Simon Bolivar beat him to the post 202 years ago.  No need to get angry but self awareness is the beginning of change. "The Economist magazine has a Big Mac index for comparing price levels and ascertaining whether a currency is under or over valued. A Disneyland test similarly occurs to me.You can tell where the nice continents are in the world by where Disney puts its...

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Youth flag football has more injuries than youth tackle

Posted by John Reed on

I have often noted that flag and touch football are more dangerous than tackle football. Finally, today’s Wall Street Journal repeats that, and the y add that tackle is not as dangerous as people think, which I have also been saying..U of IA study (published in the Orthopedic Journal of Sports Medicine), but there have been plenty of others. But self-righteous parents don’t want to hear it..The conclusion is that youth tackle football is relatively safe and flag and touch are not safer..That understates the difference. They have skull fractures in flag and touch. Ditto dental injuries and eye injuries....

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Ninth Circuit ‘judicial nullification’ is an impeachable offense

Posted by John Reed on

Jury nullification occurs when a jury returns a verdict of "Not Guilty" despite its belief that the defendant is guilty of the violation charged. The jury in effect nullifies a law that it believes is either immoral or wrongly applied to the defendant whose fate they are charged with deciding. (UMKC.edu)Nothing can be done about jury nullification because we cannot read the minds of jurors.What happened in the Seattle District Court and the Ninth Circuit last week was JUDICIAL nullification. Can anything be done about that? Yes. It’s an impeachable offense. Can we read their minds? Yes. They give the...

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I just put more money in Canada; you probably should, too

Posted by John Reed on

I talked to my Canadian banker yesterday because I sent her some more money to put into my Canadian dollar savings account. The danger today is our debt-to-GDP ratio is too high, almost at the record level it hit after World War II. Plus, Trump wants to spend much more on the military and infrastructure and enact big tax cuts. That is likely to worsen the debt-to-GDP ratio which I regard as the main indicator of hyperinflation probability. He hopes growth will prevent the deficit from widening. I hope so too, but in the spirit of Praise the Lord and...

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