John T. Reed’s news blog
Purdy inaccurate in Niners start.
Posted by John Reed on
I am watching the Niners-Seahawks wild card playoff game. Purdy was inaccurate on every pass on the first drive. But they managed to get a field goal out of it. I do not understand the problem. It is raining, but in one case, the receiver went right and the pass went left where there were only Seahawks..Second possession, they did more running and his passes were more accurate. Fast TD..At halftime, Seahawks winning. What a bummer!
We need a Main Street Journal to supplement or replace the Wall Street Journal
Posted by John Reed on
I get the Wall Street Journal daily. It is one of the few decent papers still in existence. However, it is not what people like I and most of you need. .It’s editorial, columns, and op-eds are way too much oriented toward telling federal and state politicians what to do in terms of policy..What on earth is the point of this? Are politicians interested in the Journal’s opinion on what is the best thing for the American people and to a lesser extent for our allies and trading partners?.No.,What are they interested in? Getting elected and re-elected and feathering their own...
Another secret documents special counsel. Has the double standard ended?
Posted by John Reed on
Oh, AG Merrick Garland has appointed a special counsel to investigate Biden’s classified documents. Like the other special counsel he appointed to investigate Trump’s classified documents..Gee, are we ending the double standard?.That would be nice. More likely, this is a one-off because the two situation are inconveniently similar..One key difference. Trump was Commander in Chief. Arguably and logically, the CIC has the highest security clearance of anyone on earth. He can declare any and every classified document unclassified and has no obligation to tell anyone he did that..The Biden documents are from when he was VICE president. The VP canNOT declassify...
Big real estate investors jumping out of the hurt-by-remote-working office frying pan into the rent-controlled, sue-your-ass-off apartment business fire
Posted by John Reed on
Today’s Wall Street Journal says the top office building owners are switching to housing..Big mistake. They apparently forgot why they got out of rental housing. Political risk..I was the president of the Harvard Business School real estate club in 1976-7. One guest speaker we had was Claude Ballard. He was the biggest real estate investor on earth, the head of PRISA, the Prudential Real Estate Investment Separate Account. I asked him why they stopped buying residential..“If you own residential, you have to raise rents. If you raise rent on a little old lady she may call the media and complain...
Another Air Disasters program—Airbus losing ALL fuel over the atlantic
Posted by John Reed on
I saw a National Geographic Air Disasters tonight. I thought I had seen them all. But I did not recognize this one. Then the announcers said neither the crew nor the manufacturer nor the safety investigators would talk to the TV producers. .WTF? All these shows are centered on the safety investigators interviews..Big Airbus ran out of fuel because of a leak. They had to glide a could or hundred miles and managed to land at Lajes FB in the Azores..But it was not as easy as that made it sound. You have to get lower for oxygen because you...