John T. Reed’s news blog
A couple of minor Super Bowl LIII back stories
Posted by John T. Reed on
The Rams QB is Jared Goff. He played high school football at Marin Catholic High School in Greenbrae, CA. That is about 12 miles north of San Francisco—near San Quentin prison, actually. I live about 32 miles east of San Francisco.My adult baseball team often played at Marin Catholic. A pitcher broke my hand there in one game. I did not know it was broken at the time and I hit a double later in the game???My oldest son Dan was a senior on the first team in his Miramonte High School’s then 40-year history to go undefeated. His classmate/QB...
Hyperinflation is inevitable in the U.S. because of our runaway national debt; Medicare and college for All make it more inevitable and more imminent
Posted by John T. Reed on
All the Dem candidates seem to have decided to buy the election with taxpayers’ money, namely Medicare for All and free college for all.Better buy my book How to Protect Your Life Savings From Hyperinflation & Depreciation, 2nd edition. I don’t need the money. But you DO need the book. They cannot tax or borrow enough to pay for Medicare for All and college for all. All they can do politically is hyperinflate—like Venezuela. And Venezuela does not even have Medicare for All.I saw an expert on TX yesterday who said Medicare for All would bankrupt the federal government because when...
OR rent control will destroy rental housing in that state
Posted by John T. Reed on
No state has statewide rent control. OR is about to become the first. Rent control destroys the apartment buildings it applies to—slowly but surely. Very simply, it lowers the net income of the buildings by restraining rents but not expenses. As net income declines, the landlords sell or become sullen, “fix it yourself” slumlords. What is the rent-controlled tenant gonna do when he is treated badly? Move out? Never. Their rent controlled apartment is to good of a deal. Move-outs per year become more and more rare as the deal each tenant has become better and better. Although...
China is a teetering mess, not a threat. Give them a little shove.
Posted by John T. Reed on
China is more of a mess than a threat. .But because they are PERCEIVED by too many as a threat, they are an annoyance and a distraction. We should, like Dorothy’s dog Toto, pull back the curtain and reveal the fraudster trying to sound like the “great and powerful Oz.”.We should also actively attack their weaknesses. The basic principle of offense is strength against weakness. What are China’s weaknesses and how can we attack them?.• Pollution—advertise it to discourage people from going there to live or invest, enlist the environmental movement strange bedfellows to punish China with sanctions, bans on investment...
God, motherhood, and apple pie—all hated by Democrats now
Posted by John T. Reed on
There used to be a phrase: "God, motherhood, and apple pie.".It correctly described what all politicians claimed to be in favor of. There was another phrase back then: Tweedledum and Tweedledee---a condemnation of the two main parties as having no meaningful differences..Now, the Democrats hold people who believe in God in contempt and attack them in court and in confirmation hearings. But I must note that they hate Jews so much that they love Palestinians. And they will tolerate Catholic grade school dropouts from Central American s***hole countries as long as they get on welfare a la Julia, continue to...