RichC | February 12, 2022
Although this is really not a smooth continuation from yesterday’s “Inflation Hot” post, the financial and economic theme remains the same … so it will be considered “part 2.” The post left off with trying to stop inflation in the 1980s and forcing a recession, actually “back to back recessions.” We can all hope that […]
RichC | February 11, 2022
It is pretty obvious to most consumers that even with years of the Federal Reserve keeping interest rates low, printing money and Congress spending, inflation remained in check at under 2%. Unfortunately after the last round of easy money policies during the pandemic, business shutdowns and government giving away money, this is no longer true. […]
RichC | January 25, 2022
So … how’s the economy doing in 2022? Well, if you measure it based on the stock market or maybe finding a job (if you want to work) … then the façade looks ok. Dig a little deeper and you’ll find out that your paycheck doesn’t go that far … IF you can find what […]
RichC | January 17, 2022
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RichC | January 15, 2022
The post this morning was of the “friends and family” variety … and is not viewable unless you’re logged in. So for those visiting My Desultory Blog this Saturday afternoon, here’s a François-Marie Arouet, better known as Voltaire, politically oriented quote as an afternoon blog filler and to encourage registering. “To learn who rules over […]
RichC | January 8, 2022
It feels like we are obliviously sailing on the Titanic and ignoring a financial storm on the horizon. We know that there is a debt iceberg ahead and yet have convinced ourselves that the United States is unsinkable … and so … continue our TRILLION dollar money printing and our unsustainable spending ways. Congress spends […]
RichC | January 3, 2022
Even with all the negativity around Covid19 and the rapidly spreading, but somewhat more tolerated, Omicron variant … investors chose to shrug off what looks to slow down the economic re-openings around the world. The saying I keep hearing is that “I’m done with it.” My view for the strong stock market start on the […]
RichC | December 29, 2021
This book is on my 2022 “want to read” list and I’m unsure if I’ll opt for the audio version, ebook or paper edition (Amazon options)? While listening to the Brian Kilmeade (the books author) talking about the “battle to save America’s soul” on a Fox News program, it has become apparent that those setting the […]
RichC | November 27, 2021
RichC | November 24, 2021
America has split down the middle on a lot of things that many of us took for granted just a few years ago. Our individual liberty is being eroded away with the help of progressives using propaganda and the heavy hand of the “we know better” bureaucrats to seize more power every day. The mainstream […]
RichC | November 4, 2021
Not to many years ago, the United States was on its way to becoming energy independent … until the American fossil fuel industry came under attack from within our own country. This time the reason is not due to our country’s inability to produce enough oil and natural gas for our needs, but an ideology […]
RichC | October 21, 2021
Every time I use political term with an “ism” these days, I sense I need to clarify the meaning as much as for myself as to the person I’m talking too. Often I’ll refer to an online resource in order to be sure that I’m not misspeaking … but usually its because the terms have […]
RichC | October 20, 2021
Here’s a short video worth 5 minutes of your time to watch and to contemplate before Congress and President Biden makes our spending spree even worse. “You can’t spend what you don’t have indefinitely ..” – Stephen Moore for Prager University. LINK to video
RichC | October 9, 2021
If you think about it, the IRS will probably need far more than another $80 BILLION tax dollars to hire enough agents to track and follow up on every American who has a bank account or transaction over $600? A major component of President Joe Biden’s plan to raise revenue to pay for his trillions […]
RichC | October 1, 2021
What once was a weekly or at least bi-monthly lunch with my friend Jeff, has shifted to once every 3 months or so since COVID19. It’s not all due to the pandemic as changes in work habits and eating out habits has contributed to neglecting getting together. Nevertheless, it was enjoyable to spend an hour […]
RichC | September 13, 2021
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RichC | September 11, 2021
The news media has been doing their part this week to remember the 20th anniversary of the September 11, 2001 terrorist attacks and memorializing the 2977 people killed by 19 radical Islamist terrorists. Twenty years ago, four commercial airliners loaded with unsuspecting passengers were hijacked and the fuel-ladened planes were used as suicide weapons. To […]
RichC | August 31, 2021
Yesterday, Marine General Frank McKenzie announced the U.S. military’s withdrawal from our 20-year war in Afghanistan complete. We entered Afghanistan shortly after September 11, 2001 with a mission to hunt down al-Qaida, Osama bin Laden and radical Islamic terrorists, but we spent much of the time fighting the Taliban who gave the safe haven to […]
RichC | August 29, 2021
Local politics, issues and selecting/electing those who make decisions that impact where we live should be a much higher priority than most of us give them. Unfortunately I’m guilty of lacking attention to what is going on locally and was pretty much oblivious when my kids were growing up; we should all be more focused […]
RichC | August 22, 2021
As I commented on the utter failure in Afghanistan last week regarding the decision President Biden made in leaving Afghanistan, it is just another “ fail decision” in a short 8 months by this president and his administration (we can’t take much more). The US exit was ill-conceived and poor planned. It was made ignoring […]
RichC | August 16, 2021
The situation in Afghanistan is not something most of the civilized world wants to see, but within a few days we’ve watched the Taliban rapidly seize control throughout the country ever since President Biden telegraphed accelerating what was left of our military from our bases. Very few politicians have questioned the desire over the past […]
RichC | July 27, 2021
As a longtime subscriber to the Wall Street Journal (and for the last decade or so Barron’s), I’ve learned to appreciate certain journalists, economists and opinion piece writers like Jason Riley at the Manhattan Institute. When he told the inspiring story of Thomas Sowell for PragerU, I quickly viewed the video and applauded – well […]
RichC | July 4, 2021
Well … no surprise, but divisiveness (or just a “put the spotlight on me”) continues in our free-to-protest country. At one time, standing for our flag, appreciating living free from government oppression in America and singing … or at least respecting … our National Anthem was nearly universal, but in the past decade, not so […]
RichC | June 25, 2021
Currently, we attempt to pay for infrastructure by taxing drivers at the pump when they fill their cars and trucks with gasoline and diesel fuel … but vehicles are becoming more efficient while the cost of infrastructure and maintenance continues to goes up. In other words, there isn’t enough money being collected. The politicians answer […]
RichC | June 23, 2021
Although I’m likely tainted in having lived through a period where inflation was real and uncontrolled, I do worry that people living today either ignore or downplay the negative impact inflation, stagflation or worse … hyperinflation … can make on our country. For those who know me, I’ve likely been the “boy who calls wolf” […]
RichC | June 6, 2021
For years now … no, it is now decades … my buddy Jeff and I have gone out for lunch ever other week and almost exclusively to a Mexican restaurant … primarily for the chips and salsa (and relaxed conversation). Before that, we lived in different cities (he in Florida and then Alabama … and […]
RichC | May 12, 2021
In February 2021, I mentioned The Hustings news website which highlighted how much I appreciated that in America we can hold different political views and civilly debate issues without fear of government retribution (First Amendment). Unfortunately in the past decade or so our differences have become so divisive and derisive, that I’m not sure that […]
RichC | May 8, 2021
A few times before I’ve thought, and blogged about MMT or Modern Monetary Theory, when it comes to newfangled economics. Personally, I (nor many economists) can accept the thinking or rationalize the large deficits and debt path our country is on. In order to better understand the mind-set, I decided to read Stephanie Kelton’s book […]
RichC | April 29, 2021
Personally I don’t like using the word "bold" for taxing and spending by big government since it has a positive attribute (at least to my thinking), but President Biden’s Joint Address last night was unlike any we’ve ever seen. It looked far more like a socialist spending wish list than a unifying address to bring […]
RichC | April 20, 2021
It seems like a lot of politicians and journalists on the left feed into and retain power by stoking racial unrest? It also appears that the leaders who are fueling the fire also have a Marxist/Socialist ideology, which at its core wants to fundamentally change America. This trend towards disharmony is not unifying for our […]
RichC | April 14, 2021
Since Ford once-upon-a-time paid a solid dividend, it was one of those stocks I felt comfortable trading in and out of or just sitting on for a while … but after the company suspended the dividend in March of 2020, I had to re-think $F stock. Owning Ford in 2020 and so far in 2021 […]
RichC | April 6, 2021
Democrats have been gaining ground over the past few years with their “hate Trump” blitzing supported by the leftists, big tech and mainstream media (one in the same from what I’ve seen), and continue to put heavy pressure politicians and corporations. Just as with the tactics used by BLM, Antifa and “woke” groups using racism, […]
RichC | March 20, 2021
A technology friend of mine, Scott Bilik (who was considered my Twitter “Godfather in 2007), has recently wiped some of the mud from his hypothetical digital footprints and is systematically freeing himself from Big Tech’s shackles. This current Silicon Valley monopoly has increased its political clout and has enticed or entrapped most of us in […]
RichC | March 16, 2021
Support for socialism has been on the rise in America as I have previously noted and according to trend we have seen and the acceptable rhetoric/terms politicians have been willing to adopt this past decade. Liberals, who now prefer the “progressive” label, have decidedly shifted from resisting the status quo, traditional “right and wrong” norms, […]
RichC | March 3, 2021
If all we do is listen to those who spew negativity and show distain for America, we might miss the fact that the US through Operation Warp Speed in coordination with private companies, have given us a COVID19 vaccine to its citizens and to the world in record time. In keeping with countries which have […]
RichC | February 21, 2021
Rush Limbaugh died on Wednesday of this past week. It wasn’t a surprise to those who have followed his health challenges and in particular a stage 4 lung cancer diagnosis a year previous. He continue his radio work up until the end and left a G.O.A.T. legacy in conservative talk radio that will likely never […]
RichC | February 9, 2021
Did you ever have a political discussion or receive an email that generated a desire to reply and explain? That sort of happened to me this weekend … but I decided there isn’t an upside in the one on one reply. The best approach, as is often the case when talking about faith and religion, […]
RichC | January 26, 2021
All I can think about are the stock market “bubbles” from the past. I’d love to believe the upward trend we’ve seen this past years is genuine and built on an appropriate foundation, but suspect as most know, it is being built on “hope” and “stimulus dollars.” Now that is not to say that certain […]
RichC | January 24, 2021
"if my people, who are called by my name, shall humble themselves and pray and seek my face, and turn from their wicked ways, then I will hear from heaven, and will forgive their sin and heal their land." — 2 Chronicles 7:14
RichC | January 22, 2021
Not being an advocate for those advocating bigger government, higher taxes, progressive policies … or most Democrats in general, I was not looking forward to the inauguration of Joe Biden as the 46th President of the United States this past week. In fact, I didn’t watch any live coverage and relied on the news clips […]
RichC | January 19, 2021
It’s not “breaking news” that we live in a changing United States of America or that propaganda and control over speech is being used to steer large swaths of the population towards leftist ideology … but what is eye-opening is just how coordinated the powers that be are in opposing the “rights” protected by our […]
RichC | January 12, 2021
The Storming United States Capitol 1/6/2021 and White House plus multiple cities protests 2020 In recent years, NPR has not been my source for balanced reporting and commentary, but I still occasionally pick up a morsel or two that resonates. This time it was shared by a politically liberal/progressive friend on her daily Life Logs […]
RichC | January 9, 2021
As a “very” amateur military history buff who is currently reading the book “I Marched With Patton,” I came away from Frank Sisson’s memoir in thinking about other leaders who earned the respect of their men, but offended others and were seen as abrasive. Accomplishing a goal and “winning” was for the most part their […]
RichC | January 7, 2021
For red, white and blue flag waving, National Anthem honoring, military respecting patriots … who believed in the traditional values that founded this country … January 6, 2021 was a tough day. The election in Georgia for control of the U.S. Senate, the last line of defense for Republicans, went to the two Democrats Raphael […]
RichC | January 5, 2021
I’ve watched the political divide and ideology between the right and left grow wider during the past decade … and probably longer, but the voices and actions haven’t seemed this divided since the 1960s. The debate is no longer on a hot-topic or two … or between the traditional bigger government. liberal Democrats and smaller […]
RichC | December 22, 2020
With only a handful of meals out during this COVID19 year with my buddy Jeff this past year, I’ve learned to appreciate them even more than usual. We’ve been having lunch together each month or so as a way to stay connected for decades and for me adjusting to just emails and text messages is […]
RichC | December 16, 2020
Are you tired of this COVID19 lockdown yet? It is hard to believe the 2020 Coronavirus pandemic AND those politicians dictating shutdowns in their mini-kingdoms have not had more pushback than they have? Way too many small businesses, and especially people working in the travel and food service industry, will not be having much of […]
RichC | November 23, 2020
One of the more disturbing trends during the COVID19COVID19 pandemic has been the infringement on personal liberty by politicians in the country.Thankfully we are closing in on a vaccine, but the heavy-handed restrictions that may have been tolerated during the initial outbreak, aren’t being received well by those who are trying to keep food on the […]
RichC | November 10, 2020
It has been a long week since the 2020 Presidential Election and I haven’t posted or commented on the vote or “media reported results” regarding several projections as to Joe Biden being our president-elect. For me, the tabulation of votes in key swing states is very close and legitimately contested based on several questionable issues […]
RichC | November 3, 2020
Today is election day and A LOT is on the line when it comes to the governing and political philosophy of the United States. Back in 2016, the promises then candidate Donald Trump, made when running as a new breed of Republican, had to be taken on face value and his words… something I personally […]
RichC | October 31, 2020
Brenda and I were unsure about our travel and work schedule for in-person voting, so over a month ago I requested absentee ballots. Since we were out of town in October when our ballots arrived, I decided not to tempt fate or the USPS in getting them back to the Butler County Board of Elections. […]
RichC | October 29, 2020
After all the hate during the 2016 Trump vs Clinton election, most Americans were relieved the contentious campaigning was finally over … but it was not. The political left, assisted by much of the media, celebrities and activists, continued to encourage elected Democrats to fight on, impeach President Trump on fabricated information and “resist” any […]
RichC | October 26, 2020
Generally, I prefer not to spread propaganda and campaign advertising, but Americans do need to vote with their eyes open. Not everyone’s family is getting paid millions by the Chinese like the Bidens. Played this video at today’s rally in Allentown, Pennsylvania—a must watch! pic.twitter.com/BC2h4oZhQp — Donald J. Trump (@realDonaldTrump) October 26, 2020
RichC | October 24, 2020
Contentious … doesn’t begin to explain the sentiment around the looming November 3rd 2020 election. Although I don’t mind discussions and debate on political thought and philosophy, this year the emotions and fervor I see and experience between a lot of Republicans and Democrats make open exchange and discussions nearly impossible. Emotions have reached uncomfortable […]
RichC | October 9, 2020
A Hollywood style TRUMP sign goes up in California “on private property” … then it is promptly taken down by California Department of Transportation citing “a life and safety issue.” Hm … I’m sure that’s what it was … and that it has nothing to do with the aggressive, anti-Trump, left-leaning politics of politicians in […]
RichC | October 2, 2020
With Twitter $TWTR stock rising this week and the election around the corner, I debated buying a PUT option, but instead decided I would feel more comfortable in a cash position than wondering what direction the stock will move next time. Years ago I unfortunately picked Twitter as my social network investment and for the […]
RichC | September 30, 2020
“INCOMING!” (reference to the diving falcon photo) With best intentions, I had hoped to post on Tuesday night’s first of 3 presidential debates for Wednesday morning – nope … maybe over lunch? I am with those who are embarrassed at what we now see and hear from our political leaders. To be honest, the “offensive […]
RichC | September 28, 2020
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RichC | September 21, 2020
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RichC | September 11, 2020
It seems like yesterday, but it was 19 years ago that the US was attacked by our own commercial airliners taken over by radical Islamic terrorists and orchestrated by Osama bin Laden. These evil men following a twisted ideology attempted to trigger an all out war between Muslims and who they perceived as the enemies […]