Cash, long a refuge in uncertain times, now under suspicion

Wednesday, May 20, 2020

`CASH IST FESCH!′
— Read on apnews.com/81f11055d39cefc7e9483c77e682bdbc

# – # – # – # – #

I wonder when people are going to wake up and save gold and silver bullion. That’s real money. I don’t understand why people that are not recognized that the FED inflation has cost them 98% of the value of a dollar.

What is everybody stupid?

—30—


TECHNOLOGY: Big Tech needs to be broken up to preserve “free speech”

Tuesday, May 19, 2020

*** begin quote ***

Facebook heads lobby group to push “Big Tech” as essential to free speech narrative
 
Silicon Valley is gearing up for a fight with regulators and Facebook is taking a leading role in the formation of a new lobbying effort to spin the narrative in Big Tech’s favour. Called “American Edge”, the group which hasn’t launched yet 
 
“argues that Silicon Valley is essential for the U.S. economy and the future of free speech…The group’s splash page, which went live on Tuesday night, defines the project as: “…a newly formed bipartisan coalition dedicated to the proposition that American innovators are an essential part of the U.S. economic health, national security and individual freedoms.”
 
Read: https://www.forbes.com/sites/rebeccabellan/2020/05/13/facebook-helps-launch-pro-tech-group-to-combat-silicon-valley-regulations/
 
Hold that thought….
 
Youtube deplatforms anti-lockdown epidemiologist and Bitcoin halving ceremony
 
Over the course of the Coronavirus pandemic the Big Tech platforms have been particularly aggressive in deplatforming any content that does not conform to the “official” narrative.  Youtube defines this in particular as anything that does not reflect WHO or CDC directives. 
 
So it was no surprise to learn that  Youtube’s latest hit was on controversial epidemiologist Knut Wittkowski, who had a video on Youtube, with over 1.3 million views, criticizing the lockdown and advocating for a herd immunity approach.
 
But the Bitcoin halving ceremony?  Yes.  YouTube deplatformed Cointelegraph’s live-streaming of the Bitcoin halving ceremony while it was in progress.
 
“Cointelegraph had a full day of programming lined up for a livestream that covered Bitcoin’s third block halving on May 11. The agenda mostly went off without a hitch — fintech luminaries like Tim Draper, Roger Ver, Meltem Demirors and many more shared their time and opinions with Cointelegraph editorial staff over the course of a livestream that lasted just under seven hours.
 
But the stream was blocked and deleted six hours and 42 minutes into a nearly finished program, locking more than 2,000 viewers out of our coverage.”
 
Read: https://nypost.com/2020/05/16/youtube-censors-epidemiologist-knut-wittkowski-for-opposing-lockdown/
 
And: https://cointelegraph.com/news/youtube-cancels-cointelegraphs-btc-halving-livestream-for-being-harmful-content
 
(Yeah, Big Tech is essential to free speech my ass. I can’t believe I’m actually pulling for the DoJ to break all these parasitic quasi-monopolies into a thousand little pieces.)

*** end quote ***

Given the hard Left spin of Big Tech, it’s unlikely that anything will happen.

That being said, it’s time to use the corporate tax code to keep all Corporations “small”.

A long time ago, I said that the corporate balance sheets should be limited to 999,999,999.99.

Apply a flat tax on everything over that amount!

—30—


POLITICAL: Defining Obama-gate

Tuesday, May 19, 2020

https://www.newsbusters.org/blogs/nb/jeffrey-lord/2020/05/16/inside-medias-desperate-cover-obamagate

*** begin quote ***

This week’s news that at least 39 Obama officials had unmasked Lt. Gen. Michael Flynn’s private conversations during the last month of their administration seemed a little shocking. Today, major media outlets are telling readers and viewers that the practice is “routine.”

*** end quote ***

So it appears that “Obama-gate” has three parts to it:

  1. There was 39 Obama officials that had Flynn’s conversations in violation of law, regulation, and the American spirit of fair play.
  2. This, in combination with the FBI conspiracy to take Flynn down, indicates that BHO44 is involved.
  3. And, the liberal Democratic leftist “main street media” is covering it up.

—30—


A pizzeria owner made money buying his own $24 pizzas from DoorDash for $16 – The Verge

Monday, May 18, 2020

Later in the piece, Roy points out that DoorDash lost $450 million generating $900 million in revenue last year, which is wild. The delivery business was working just fine before DoorDash and co. swept in with piles of money to burn. Today, as Roy writes astutely, the model is broken. “You have insanely large pools of capital creating an incredibly inefficient money-losing business model,” he writes. “It’s used to subsidize an untenable customer expectation. You leverage a broken workforce to minimize your genuine labor expenses. The companies unload their capital cannons on customer acquisition, while this week’s Uber-Grubhub news reminds us, the only viable endgame is a promise of monopoly concentration and increased prices. But is that even viable?”

Source: A pizzeria owner made money buying his own $24 pizzas from DoorDash for $16 – The Verge

# – # – # – # – #

No substitute for stupid!!!!!!

—30—


HEALTH: A vegan diet may have benefits for surprising reasons

Monday, May 18, 2020

“Strictly plant-based diets have gained acceptance as a dietary strategy for preventing and managing disease. Perhaps, in part, this is because of their rather unique gut flora, with less of the disease-causing bacteria and more of the protective species.” https://buff.ly/3cIBa1F

I think it’s worth it to try to be a vegan!

—30—


Study finds 42% of pandemic layoffs will become permanent job losses

Sunday, May 17, 2020

We are witnessing a massive shift in the economy in a very short period of time. The dislocations for people, particularly people of limited means, have been and will continue to be profound. (From The Washington Examiner) Forty-two percent of workers experiencing recent layoffs will suffer permanent job losses, according to a paper circulated by the National Bureau of Economic Research.

Source: Study finds 42% of pandemic layoffs will become permanent job losses

# – # – # – # – #

As the Big Fat Old Turkey, I’ve always warned 50+ jobseekers that their BIGGEST fear would NEVER being able to find another job.  AT ALL!  Let alone on comparable to the one that they lost.

I’d be willing to bet that the impact on the 50+ unemployed will be much worse that anyone expects.

Hope I’m wrong, BUT I don’t think so.

😢

—30—


TECHNOLOGY: Bought a new EUFY P1 scale

Saturday, May 16, 2020

Since I moved from New Hampshire I never unpacked a lot of stuff. One of which was my Aria scale. Since I shifted from FITBIT to an APPLE WATCH 4, it’s obsolete for my purposes.

The EUFY scale has it’s own app. The install and start up procedure was somewhat easy. Only had to do it twice. It didn’t connect via bluetooth the first time.

Now it’s working. We’ll see if it helps.

—30—


This is how Bali escaped being virus hot spot with local traditions – travel – Hindustan Times

Friday, May 15, 2020

Officials tapped the influential village committees and Hindu beliefs to ensure residents stayed at home and no outside visitors were permitted to avoid wider infections after a British tourist with Covid-19 was the first in Bali to succumb to the virus in early March. People were also asked to perform certain Hindu rituals for protection, which mandated them to obey local leaders, according to Governor Koster.

Source: This is how Bali escaped being virus hot spot with local traditions – travel – Hindustan Times

# – # – # – # – #

Well, good for them.

I am a bit concerned anytime “We, The Sheeple” are “mandated to obey local leaders”.

We were all give “free will” and need to use it responsibly.  Sometimes that even means “obeying local leaders”.

SOMETIMES!

— 30 —


Raven-Symone reveals she hasn’t spent ANY of her Cosby Show money | Daily Mail Online

Thursday, May 14, 2020

Raven-Symone has not spent any of her Cosby Show money after getting her big break on the series over 30 years ago.

The actress, 34, was just four-years-old years old when she began playing Olivia Kendall on the hit series from 1989 to 1992, and has been sitting on all that money ever since.

Source: Raven-Symone reveals she hasn’t spent ANY of her Cosby Show money | Daily Mail Online

# – # – # – # – #

Now that’s good financial planning!

— 30 —


Lockdown-flouting speakeasies popping up throughout Manhattan

Wednesday, May 13, 2020

Speak-easies are back in New York. And not the tourist traps that have been filling perfectly good storage space in the backs of bodegas, pizzerias and pet stores across Williamsburg for a decade — but actual illicit drinking dens.

Source: Lockdown-flouting speakeasies popping up throughout Manhattan

# – # – # – # – #

Makes me laugh!

Can’t keep drugs out of prison, but expect people to refrain from bars?

Just more Gooferment stupidity!

— 30 —