We have a few items to discuss today. First the Orlando debate didn’t move the ball very much except that the media line is that Perry stumbled again. I’ve heard some media types and citizens complain that the size of the candidate panel limits the time allotted for candidate responses. The local sponsors of the debates choose the criteria for entry so I have no complaint about number of candidates who are involved. In fact, the large number merely illustrates media bias when we see how the questions are distributed, and the nature of the questions selected for each candidate. Rather than become frustrated with the process we should grasp the opportunity to use the format to gain more insight about how the system has been distorted.
Most of you know that the stock market is NOT the economy. It does represent, however a thermometer or indicator of beliefs and attitudes regarding the soundness of our economy. Certain sectors will improve during chaos or meltdown, and others will stumble during prosperous and placid times. Clearly, if you hold index funds, this may have been an Excedrin kind of week, but if your portfolio is well positioned…..maybe not so bad. The news media know as much about true market forces and interactions as they do about the Second Coming and the Constitution of the United States…..very little. The radio station where I host a part-time show is a Fox Radio affiliate, so I get to hear Shepherd Smith’s daily announcement of the market close….over-dramatic and dumb. Bottom line: carefully pick your sources for information…the mass media are not reliable.
The scandal buzzards are circling the Administration and the White House. Gun running, political grants and a number of seeming violations of law and ethics. So what? As the facts are uncovered, the next election draws closer. The media do NOT place a great emphasis on the miscreant behavior so most people are generally unaware. The Republicans have shown an eager willingness to disclose but little appetite for prosecuting the law breakers. So what?
The elites want us to believe that they possess the sum of all knowledge about what is “best” for all of us. The fact that our Federal reserve is willing to bail out Greece and the EU with the tacit approval of our federal government should indicate that their “smarts” are deficient. The global economy is a house of cards as the mature economies have adopted questionable political goals (climate change, carbon exchanges etc.) and pressured the emerging economies into politically-correct stratagems that are not particularly effective. In addition the global indebtedness is massive as they pursue their “enlightened” goals. The elites should recognize that in our small Midwestern, fly-over high schools of America, the “nerds and dweebs” are never elected class president because the other students do not trust their judgments.
Theory is often absolute: Reality always has a “Plan B.”
As the Congressional Redistricting maps are unveiled across the country, some interesting encounters are shaping up. Constitutionalist voters and activists should keep your eyes on the ball. Eliminating a noxious progressive from office is appealing, but replacing her/him with a spineless RINO is frustrating. Work the primaries with vigor and vengeance.
We now enter the final week of September. The 3rd Quarter numbers will be available in a week or so (as always, subject to adjustment). They will be troubling, but I do not trust government reporting and government numbers. It’s undoubtedly worse that the numbers will indicate. Government is inefficient and unreliable…..and grossly self-serving.
Have a great week. Enjoy the autumn, the cider and the football.
Comment: cearlwriting@hotmail.com
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