Economic Dolts

I watch a lot of business shows and a singular thing I’ve noticed is that many of the corporate capital management leaders think linearly.  Yes… They are always telling us that because of this there will be that.  There is not an assemblage of facts, hardly a thought, just a simple rule.  

For example, a week or so ago we experienced a reversal of interest rates between short term and long term, with the longer term rates suddenly lower. Every guest interviewed told us a recession was imminent.  In two weeks, the rates were back to normal.  No recession at all.

BTW, these people are paid big bucks. 

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Political campaigns these days are different. They’re dirty, derogatory, and deranged.  All candidates must now prepare for

·       Pledging support for expensive and unrealistic goals,

·       Scandals, usually related to sex, though possibly fake,

·       Past sins, even back to high school,

·       Appeasing the base then pivoting to the middle,

·       Past lies (documented) and past lies (from weak testimonials),

·       Past or recent changes in policies or beliefs,

·       Income tax problems,

·       Illegal alien hiring.

Thanks are given to the graft possibilities for the winners.