RichC | April 25, 2023
Although it is not unusual for news organizations to let very popular news opinion personality go … with FoxNews I can recall Glenn Beck and Bill O’Reilly … most regular viewers were probably shocked to see Tucker Carlson let go on Monday (April 24, 2023). It was interesting to hear Glenn Beck comment on it […]
RichC | January 11, 2023
According to a NYPost article, millions of Americans may soon be entering “not stove season.” The Biden administration is considering a nationwide ban on gas stoves — citing the harmful pollutants released by the appliances, according to a report. The Consumer Product Safety Commission is mulling the action after recent studies showed emissions from the […]
RichC | November 12, 2022
Well … the hopeful political “red wave” did not happen (at least from a conservative perspective). If we are to be generous, it could be viewed as a “small ripple” … but the results of the election as of this post are not fully counted even yet. Does that seem odd in our evolved and […]
RichC | November 9, 2022
Skywatching and politics have little in common, unless one is stretching for a to put the two together in a morning after a November midterm election blog post. In the early Tuesday morning hours, before the election polls opened, the Blood “Red” Moon was being photographed and viewed by skywatchers — often referred to at […]
RichC | November 7, 2022
If there is one thing palpable in America, it is that Americans are worried about their country and our future. Ever since the COVID19 pandemic began and particularly since President Biden took office in 2020 … hard working, freedom-loving citizens in our country have watched their liberty and prosperity eroded. There is both concern and […]
RichC | October 23, 2022
The Federal tax brackets are adjusted each year by the IRS based on inflation numbers in an attempt to stop “bracket creep.” This prices have soared as in September 2022 consumer prices were up 8.2% compared to 2021. It is likely most Americans have not seen that kind of wage increase which means their buying […]
RichC | October 18, 2022
As a former GOP VP hopeful would say, “You betcha.” In catching up on my Tax Foundation reading, one of their recent emails highlighted what internationally we have seen in off and onshoring is that businesses go to where they are treated best. It most often has to do with a companies lowest cost of […]
RichC | October 16, 2022
It’s simple: between the Federal Reserve spewing out more than $4 trillion in cheap money over the past year, and Congress signing off on “relief” packages totaling an unprecedented $3 trillion, there is too much money chasing too few goods. .. Inflation will only get hotter if Biden and congressional Democrats press ahead with even […]
RichC | September 15, 2022
As we face another recession (some believe we are already in one – see February 2022 part 1 and part 2), I couldn’t help but notice a post from about this time of the year in 2008 (see chart at left) when we faced a previous self-inflicted recession (banking crisis). The 2007-2008 Financial Crisis was the […]
RichC | September 13, 2022
If you believe the number 13 makes for an unlucky day, you’ll probably point to that as an omen … but the deep, nearly 1300 points, drop in the Dow came as investors and economists were expecting an easing pace of inflation … not continued high inflation. The CPI report indicated a 8.3% rate compared […]
RichC | August 20, 2022
My social participation in automotive groups and forums that were common for me decades ago (CinciTDI, TDIClub, etc) have shifted to social media friends on Facebook groups (not so much anymore) and Twitter (daily). Those contacts include a bunch of automotive journalist as well as people just interested in cars and trucks. The conversations has […]
RichC | August 11, 2022
As the Biden Admin ignores illegals pouring across our southern borders, cartels are taking advantage of distracted border patrol and ICE “processing” agents to flood the United States with drugs … including some that look like candy.
RichC | August 7, 2022
While discussing the “will it” or “won’t it” Inflation Reduction Act being pushed by Democratic leadership in Washington DC as a way to replace the failed 2021 Build Back Better spending plan by President Biden last week, I figured digging into the details might prove better than spewing left or right talking points. The bill […]
RichC | July 6, 2022
Winslow Homer’s 1899 painting “The Gulf Stream” (“reworked in 1906’) is a much-celebrated work of art for a variety of reasons, but appeals to me due to the ocean scene and dismasted sailboat, as do his other Atlantic scene paintings. This one has seen renewed interest likely because of our current “turbulent times” … politically. […]
RichC | July 3, 2022
With a little travel and vacation time coming up, I went into my “want to read” list and downloaded “The Dying Citizen” from the local library to my Kindle. The 2021 book is a longer read (433 pages) from Victor Davis Hanson, a professor and military historian seen regularly on Fox News and Fox Business. […]
RichC | July 2, 2022
In one of my social media automotive threads, I saw this comparison graphic and it triggered my thinking … both from a “freedom to choose” and “work need” perspective vs a “forced to comply” based on ever-changing environmental concerns or fiscal reasons … usually by politicians (regulation, taxes, dis-incentives or incentives). People are likely to […]
RichC | June 29, 2022
It has been 66 years since President Eisenhower signed the act that created the Interstate Highway System into law on June 29th, 1956. An amazing political ($$$) and engineering feat. Eisenhower and the House Democrats agreed to finance the system through the Highway Trust Fund, which itself would be funded by a gasoline tax. In […]
RichC | June 26, 2022
Friday’s Supreme Court decision has us all pondering where our country is heading? We’ve had 65 million legal abortions since 1973 and now after 50 years of “abortion being a protected right” since the Rowe v. Wade ruling, we breaking new ground. As some have said, “science and sonograms have enlightened most people on the issue […]
RichC | June 14, 2022
Although I once enjoyed reading biographical and history oriented books by Douglas Brinkley, as well as enjoyed interviews with him on TV, I’ve recently noticed a bit more political partisanship in his commentary and his appearances. To be fair, I wanted to give his writings another shot and try to remain open-minded. The book “Rightful […]
RichC | June 11, 2022
CPI up 8.6% driven by a 35% jump in energy prices and 12% increase in groceries This is what a “sea of red” looks like for investors and stock market traders … and I can only imagine the “red” those living on a fixed income or families struggling to make ends meet must be seeing? […]
RichC | May 28, 2022
We are enjoying my late mother-in-law’s transplanted Buttercups (Ranunculus) that we brought home from the Jamestown, NY farmhouse (winter pics). Initially, Brenda’s sister Chris asked me to bring her some home for her since I was the one driving back and forth to western New York to clean out, take care of the property and […]
RichC | May 26, 2022
I have put off buying diesel fuel for the Kubota mower and John Deere 330 as long as possible … but inevitably the reserve of 25 gallons stored in fuel jugs gets used up. It looks as if it is time to pay $$$ the inflated prices on fossil fuels — elections have consequences (pre-Russia invasion […]
RichC | May 13, 2022
FoxBusiness/WSJ graphic For the good or bad, whenever I’m away from my daily routine, it seems like the financial markets lose stability and investors go into crisis mode? The past couple of weeks, those invested in stocks, bonds and crypto know that it has been painful; there have been very few refuges from the sharp […]
RichC | May 5, 2022
Although I don’t know all that much more than what I read about China, the culture and history intrigues me. After moving to Sidney, Ohio in high school, I felt like a fish out of water since most kids grew up in town and had gone to school with each other their entire life. When […]
RichC | April 26, 2022
The financial markets have been following the Federal Reserves messaging regarding tightening their easy money policies and has been selling off the last few days. The more aggressive, but late stance to slow inflation is one needed piece of the puzzle … although also heights concerns over slow growth or even a recession. That news […]
RichC | April 23, 2022
As the Fed finally starts to deal with inflation, the market took note this month and seems to be selling off across the board. The expectation is that the economy will slow and as they say in the investing world, “don’t fight the Fed.” There isn’t a silver bullet that can keep businesses booming, paychecks […]
RichC | April 14, 2022
RichC | April 13, 2022
It is hard to stand by and watch the wasteful spending, bloating of government and divisive polices streaming from our Federal government in Washington DC this past year. Unfortunately there seems to be no stopping the progressive Democrats in Congress who push their leftist agenda, followed by a constant stream of poor decisions from President […]
RichC | March 12, 2022
Nobody wants to really hear or see anymore written about inflation. We’ve all seen it with our own two eyes and our wallets have felt it since the Biden administration took office. No more though than the last couple of weeks after Russia invaded Ukraine as the West’s political miscalculations and head-in-the-tar-sands polices have made […]
RichC | March 10, 2022
It looks as if the next book on my reading list will be Jonathan E. Hillman’s “The Digital Silk Road: China’s Quest to Wire the World and Win the Future.” It was release last October (2021) and after reading a review (and WSJ recommendation), I decided to download the digital e-book. I’m not an expert […]
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 […]