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Lithium and Alzheimer’s

Lithium and Alzheimer’s

Many of us have had first hand experience with dementia and Alzheimer’s. There are few things more stressful and heart wrenching than having a loved one suffer with these diseases. A close friend shared with me a research paper that links Alzheimer’s with lithium – or the lack thereof. The article, from the Harvard Medical School, “Could Lithium Explain — and Treat — Alzheimer’s Disease?” explains that lithium depleted brains have a higher likelihood of Alzheimer’s. It conversely finds that “A new class of lithium-based compounds avoids plaque binding and reverses Alzheimer’s and brain aging in mice, without toxicity.”

https://hms.harvard.edu/news/could-lithium-explain-treat-alzheimers-disease

The paper detailing the findings are in Nature and was one of the most exciting articles that I have read recently.

https://www.nature.com/articles/s41586-025-09335-x

What is especially important is the observation that the common weed killer glyphosate – known commercially as Roundup – depletes lithium from the soil. 

This is absolutely stunning. We all know the well documented hazards associated with Roundup. But those hazards have been concentrated on cancer. The finding that glyphosate deletes lithium from the soil means that the incidence of Alzheimer’s increases given lithium depletion. This is important stuff. This makes a compelling argument that all glyphosate products worldwide should be banned from agriculture. Of course, there would likely be some unforeseen consequence to doing so. But surely there must be less toxic means of weed control.

Although the tests were conducted on mice, testing humans would be a simple matter. All you would have to do is to have two test groups of people to compare the incidence of Alzheimer’s in people who eat only organic produce and meat products free from pesticides versus the rest of us. Wouldn’t that be the same as using the control groups of mice? Also theres would be an obvious treatment for Alzheimer’s which would be to change people’s diets. No meds needed.

The top panels are a lithium depleted brain with Alzheimer’s. The bottom panels are from a brain with lithium and no Alzheimer’s.

 

A mild sense of foreboding 

A mild sense of foreboding 

I know some people are probably tired of my defense of free trade and criticisms of Trump’s tariffs. But consider that I am critical of the chaos and quixotic nature of the country negotiations. It started out with some mathematical formula to calculate a “reciprocal” tariff. Then that went out of the window and was replaced by whatever the president decided at the moment. Make him mad and your tariff was doubled. The ten percent universal base tariff was replaced by the 15 percent one. Why? Only the president knows. Our allies got higher tariffs than our adversaries. Did Trump ever place a tariff on Russia? Incredibly high tariffs were placed on India (a once ally) because they purchase Russian oil driving India closer to its ancient adversary China. Instead of building and cementing alliances, we are now forcing our once allies in trade to look elsewhere. I described this policy as Fortress America because we no longer have allies. We no longer engender respect and trust. Our leader is looked upon as unprincipled and undisciplined. It is hard to argue otherwise. We have no friends we can depend on because no one and no country can depend on us.

Trade deficits do not constitute a national emergency. The national emergency is in the continued profligate spending and undisciplined politicians who are the elected leaders of the country. The national emergency is the ever widening differences between those on the political left with those on the political right. I pray that the assassination of Charlie Kirk is not a precursor of things to come when we start killing each other’s leaders and all hell breaks loose. Kirk’s murder will likely inflame the political rhetoric rather than tone it down. The left hates Trump and his cultlike MAGA disciples. I wish the president would now tone down his bellicose tweets and someone would take away his tweeting machine, I see little change of that happening. As Elizabeth Warren said when asked that Democrats need to lower the temperature in politics, “Why don’t you start with the president of the United States, right? And every ugly meme he has posted and every ugly word.” I am not surprised that neither Trump nor his enemies are working to bring back the loyal opposition.

None on the left are willing to bend a knee to Trump and offer him fealty. That seems to be the only strategy to make him back off his attacks. Haven’t you noticed that in the trade negotiations, better deals are given to those arriving at the White House bearing gifts? It has to be infuriating to both the citizens of other countries and to their leaders to come groveling before Trump bearing gifts and kissing his ring. I am not an expert on foreign affairs but Trump humiliated Japanese prime minister Ishiba leading to Ishiba’s party suffering a historic defeat in parliamentary elections. Ishiba felt forced to accept Trump’s demands of a fifteen percent tariff and pledging to “invest” $550 billion in the US with Trump crowing that the US was keeping 90 percent of the profits. Such an arrangement apparently did not sit well with the Japanese electorate. Trump actually called the pledge a “signing bonus” adding to Ishiba’s humiliation.

For me the national emergency is rather emergencies: out of control spending, trashing alliances, creeping nationalization of industry, shakedowns of countries and companies, protectionism, willy nilly tariffs, mean tweets, use of the military domestically without the consent of elected officials are all national emergencies. It is a shame because this administration inherited a mess on the left and has made progress in purging the rot from Biden’s years. However, it must be careful in not making another mess that would have to be cleaned up by another administration. My fear is that we will go careening from one mess to another building animus as we go.

Trump wants to bring back manufacturing. I have never heard a clear statement of what manufacturing does he want to bring back. The administration keeps saying that once the illegals leave then native American unemployment will fall. Yet there are over 7 million vacant jobs in the presence of illegals. Is there just a mismatch between job vacancies and skills? The Hyundai-LG plant in Georgia said that they were using (illegal) Korean workers because of the paucity of Americans with the requisite skills to get the plant up and running. Hyundai said that it would train Americans to do the work but needed to get the plant operational first.

There are common sense ways to address those areas of national security, namely rare earth minerals. Some have suggested pharmaceuticals as well and want all drugs manufactured in this country. I don’t necessarily see that but am willing to learn and listen. What I would like to see is a listing of all of the items on which we are trade dependent whose curtailment would constitute a national emergency. Then we could deal with each one. Saying that sock companies in Lesotho are evidence of a national emergency is laughable as are most of the items that are being traded across countries. But placing punitive tariffs on agricultural imports and the restricting the import of products like wood, steel and aluminum that are inputs to our outputs makes little sense.

Again I am a laissez-faire free trade economist who favors government with a small “g”. I am confident I know what makes America great I am confident I know how to make America even greater. And protectionism ain’t it. So here we are with core inflation up, unemployment up, labor force participation down, the dollar falling, countries and foreign investors shedding dollars, gold and bitcoin being safe havens (bitcoin?) and government borrowing costs rising. Did I leave anything out? No wonder I have this mild sense of foreboding. But maybe everything is going to be ok. Maybe.

My friend Don Boudreaux is an ardent supporter of free trade and I recommend his blog Café Hayek to you. Here is a posting where he takes the MAGAapologist Larry Kudlow to task for calling Trump a free trader. I would hate to be Kudlow and having to keep apologizing for Trump. As a friend of mine says “being a Trump apologist is a full time job.”

MAGA Orwellianism

What? Another national emergency and other things

Word is that the president may declare another national “emergency.” If so it will be his 22nd – 10 already this term. Don’t you get images of the little boy who cried “wolf”? Trump’s assertion that trade deficits constitute a “national emergency” is a joke. However, this was the only basis that could invoke his use of tariffs. Now he is contemplating invoking a national emergency in housing. Mind you there is not a shortage of housing. In fact the amount of housing units available far exceed the current demand for housing. The issue, some say, is “affordability”. This has always puzzled me. Is there a mismatch of housing demand and supply locally? One republican congressman says “When you have a housing shortage and a supply issue, it pushes up valuations, which pushes up your property taxes, because your valuation goes up. It pushes up home insurance premiums because the value of your home is more expensive if there was some kind of a claim.” Again there is no housing shortage. This issue is – dare I say – a manufactured one. Currently there are 15 million more housing units than households. So what crisis? This may just be an excuse to get Trump involved in more government interference with the market. American socialism? State capitalism? Trump socialism!

What constitutes a national emergency? No one knows. Under the 1976 National Emergencies Act, the President can declare a national emergency at his discretion. The act does not provide an explicit definition of what constitutes an “emergency.”  The simple declaration of an emergency would allow the president to bypass congress. This is all the congress’ fault. It should amend the law and mandate that a declaration be ratified by the congress. Trump loves to declare emergencies. Thus far did you know that he has declared ten of them, ranging from the trade deficit to the “crime emergency” in DC.

Don’t forget that despite the evidence, the democrats think that the climate constitutes an existential threat, i.e. a national emergency. Can you imagine what would have happened if Biden had declared a national emergency? Look for the next democrat president to do so.

If congress doesn’t change the law, its only recourse is to pass legislation terminating the emergency. Of course the president can veto it and it would take a super majority of the congress to override. Good luck with that.

Fed Governor Cook not cooked – yet

U.S. District Judge Jia Cobb has temporarily blocked President Trump’s removal of Federal Reserve Governor Lisa Cook. “The judge concluded that the alleged mortgage misconduct likely didn’t amount to ’cause’ to fire her under the Federal Reserve Act, and that the way in which she was dismissed likely violated her due process rights under the Constitution.”  Bloomberg.

This means that Cook can stay at the Fed and participate in the Open Market Committee’s meeting next week. It is widely anticipated that the Fed will cut the Fed funds rate. It will be interesting to see how Cook votes.  

The judge wrote “The best reading of the ‘for cause’ provision is that the bases for removal of a member of the Board of Governors are limited to grounds concerning a Governor’s behavior in office and whether they have been faithfully and effectively executing their statutory duties.” 

Obviously the administration will rush to appeal Judge Cobb’s ruling. But it is apparent that the judge does not view the charge against Cook sufficient to justify firing for cause. The charge against her has been referred to the Justice Department for possible prosecution. It would be interesting if a conviction on a felony would then be sufficient to justify her firing.

Again, why isn’t there a clamor for Adam Schiff to resign from the senate and Letitia James to quit as New York attorney general? Aren’t they accused of the same thing as Governor Cook? Why haven’t criminal charges been filed against them too?

By the way, I am tired of every article mentioning that Cook is the first black woman to be a Fed governor.

I am also tired of seeing those on the right asserting that Cook has no business being on the Board of Governors because she is not an expert in monetary economics. I have previously pointed out that only Governor Waller is trained in monetary economics and that if that were the criteria, then he would be the only governor. Traditionally, the Fed governors have had a variety of skills and of the ones that are economists, international economics (Cook) and labor economics (Jefferson) are commonly found on the board.

What did Elon say?

Did you see where Josh Hawley (R-Mo) wants to ban driverless cars? What about the driverless trucks that are now on some roads? Elon Musk is putting much of his fortune on driverless technology. Hawley who is somewhat of a maverick thinker is in this instance a Luddite. Like it or not, driverless technology is the future.

More bogus job numbers?

The Labor Department now says that the economy added 911,000 fewer jobs than previously estimated in the 12 months ending in March. This is no surprise to me. I know from long personal experience that job statistics are generally inflated and are revised downward. I also have seen almost daily reports of businesses shedding jobs. The question is are we ever going to be able the data coming out of this or any administration?

Random Thoughts #70

Random Thoughts #70

Renaming stuff, illegal Koreans, the Fed nominee and genius quarterbacks

The president seems fond of renaming things. There is the Gulf of Mexico, now the Gulf of America. Let’s see how long that name change lasts once he leaves office. Now the Department of Defense is the Department of War. Why? Who knows? Again let’s see how long that name says around too. Renaming is a hassle and very costly. Defense (er, war) secretary Hegseth had the title on his door plaque changed. But that change must be made on everything throughout the Pentagon and the military. Seems like it will cost billions of dollars to effect the change throughout the over 700,000 (!) facilities Defense (er, war) has around the world. Are those billions coming out of the defense (er, war) budget that are slated for other stuff – like ammunition?

Trump is reverting back to the name that the Defense department had from the inception of the country until 1947 when Harry Truman renamed the department. What I don’t understand was Trump’s statement calling for the change. He said “We won World War I, we won World War II, we won everything before that and in between, and then we decided to go woke, and we changed the name to DOD. So, we’re going Department of War.” What “woke” is he talking about? Harry Truman was “woke”?

Speaking of “woke” is Trump going to demand that we rename the black boxes in aircraft?

Did you see where Abrego Garcia’s lawyers claim that there are twenty two countries where he cannot be deported for fear for his life? Twenty-two? ICE was going to deport him to Uganda where he says he will be persecuted and tortured. Maybe he should seek refuge in Zohran Mamdani’s family compound. So ICE picked a country not on the list and is sending him to Eswatini. Yes that is a real country. What I want to know is whether Garcia will be incarcerated there.

When I saw news of the ICE raid at the Hyundai-LG plant in Georgia that arrested 475 illegals, I immediately thought that these must be Mexican construction workers. But no. They were South Koreans. The news reports were never clear what these workers were doing and how did they get here. Surely they did not come across the southern border. If they were flown here by Hyundai or LG, didn’t they have to have passports and visas to enter the country? Surely they weren’t all somehow spirited into the country without anyone knowing about it. Homeland Security said that the illegals had either crossed the border illegally, overstayed their visas, or arrived on visas that didn’t allow them to work. Duh. 

Well let’s eliminate the crossing the border illegally thing. Overstaying the visa excuse is a probability as is the “visas that didn’t allow them to work.” If the Koreans were here to supervise the construction of the plants or to train Americans in the use of the equipment – which I assume was Korean, why didn’t they get their visas renewed and/or why didn’t they have the appropriate visas? Some politicians are claiming that the Koreans were putting the Koreans to work in the plants rather than employing native American workers, saying that employing Koreans was cheaper than hiring Americans. But the Koreans are saying that they are not displacing Americans because there are no Americans to displace given the paucity of technically trained natives. If that were true, then wouldn’t Hyundai-LG seek to make these workers legal? It’s all very confusing.

Stephen Miran who Trump nominated to fill the remaining months of Fed governor Kugler’s term says that he will not resign from the Council of Economic Advisors. Rather he will take a leave. This makes a mockery of Fed independence and Miran saying that he will not be compromised is obviously lying. Does anyone really think that if he doesn’t do Trump’s bidding that he will get his old job back?

There is a superficially compelling article in the Wall Street Journal why boys are better at math than girls.

https://www.wsj.com/opinion/do-sports-explain-the-math-gender-gap-eecb0dbe

Its all about sports and numbers. “The better one understands a sport, the greater one’s appreciation of its numbers. Statistics exist for each game—all derived by mathematical calculations. Football’s yards per play and points per game. Baseball’s batting and earned run averages. Basketball players’ points and rebounds per game. All these observations apply to other sports too.” Well there are very simple empirical tests to confirm or disconfirm this conjecture. First, do athletes have higher math scores than nonathletes? This should apply both to female athletes too. I know that the author will say that its not just the athletes he is talking about but that more boys follow sports than do girls. Yet a simple test would be to look at the math scores of girls who play sports versus girls who don’t. I don’t really anticipate that football players score higher on their math SATs but who knows? I would especially be interested in seeing the math scores of quarterbacks whose position is probably the most mentally demanding in all of sport.

Speaking of math, I was suspect that professional card players and gamblers are probably good at math.

If boys are better at math than girls then that’s damning with faint praise. Recall that most of my college seniors could not tell me what was 5 percent of $500.

Tariffs are taxes, tariffs are taxes

Tariffs are taxes, tariffs are taxes.

The dismal August jobs report of only 22,000 jobs created continued the downward spiral of job creation during President Trump’s time in office. Since the initial reports always overstate reality, it is likely that job growth in August was negative. So is Trump going to fire the new head of BLS? I have a friend who says no, that Trump welcomes the poor jobs report so he can blame the Fed. 

The prognosticators are predicting a 100% chance that the Open Market Committee will cut the Fed funds rate by at least 25 basis points and maybe as large as 50 basis points. No matter. Trump will yell that Powell is “too late” again and its all his fault. It can’t be the uncertainty due to the tariffs. The new jobs added were not in industries directly impacted by the tariffs. They were in social assistance and healthcare. However, manufacturing, wholesale trade and equipment all shed jobs. Of course, that is all the Fed’s fault as well. Right? John Deere and Caterpillar, users of imported steel and aluminum and dependent upon foreign sales are reporting losses from the costs of the tariffs. Ford and General Motors are also reporting huge losses as the high tariffs on Canada and Mexico remain. But again it’s the Fed’s fault. Right? The interesting thing is that if the public were told that Trump had imposed the largest increase in taxes in history, many if not most would realize that the impact would be deflationary. If consumers have less to spend and expect taxes to go up even more then they will spend even less. Business in turn would decrease investments and shed jobs. Would this too be the Fed’s fault? 

The Fed will likely cut the Fed funds rate even in the face of rising prices due to the tariffs. Currently, the Fed’s preferred index (the personal consumption expenditure index) is up to 3.3% and predicted to be as high as 4.75% in the first quarter of next year. Then if the economy gets hit with an inflationary recession, the Fed will still be blamed. Yet interest rates have always been a poor indicator of the economy. Very low interest rates exist in a slumping economy as businesses cut back investment spending and hiring if there is not adequate demand for their products. Cutting interest rates will not spur either more investment or hiring in that situation. This is the old “you can lead a horse to water” saying. Both increased investments and increased hiring increase costs and if the demand isn’t there, then there will only be greater losses. Didn’t we learn anything during the period of zero Fed funds rates and negative real interest rates? Apparently not. 

But the Fed got itself into this mess by acting as if the current employment numbers were driving monetary policy. Monetary economists know – as should the Fed – that monetary policy operates with a lag, as long as twelve to 18 months. Yes it is true that when the Fed acts, that there will be short term effects on the market but the measurable impact on unemployment and prices manifest themselves over the longer term. As a consequence, the Fed will always be acting “too late” if it lets today’s numbers determine monetary policy.

Somehow we have lost sight on why jobs are disappearing. Yes the tariffs are a big factor but so is Trump’s slashing of the federal workforce. Black unemployment has jumped up to 7.2 percent while overall unemployment has gone from 4.2 percent to 4.3 percent. Disturbingly, much of the unemployment has been among college educated blacks. The reason has been the impact of the federal jobs cuts. Forbes estimates that 350,000 educated black women have lost their jobs under Trump. Labor force participation of educated black women has fallen 2 percent, meaning that these are not counted as unemployed since they are no longer looking for a job. It is likely that the concentration of black women in DEI programs both federal and corporate play a part in the job losses. It is also possible that when all the probationary employees (like my cousin) were fired, that a disproportionate number were blacks as well.

But didn’t Trump and JD Vance say that enforcing the immigration laws and deporting the illegals would increase native worker employment? Vance said that jobs vacated by deported migrants would be filled instead by some of the 7 million Americans who are either unemployed or out of the labor force. Illegals, Vance said, that illegals taking jobs are “one of the biggest reasons why we have millions of people who’ve dropped out of the labor force.”  Vance, like his boss, is prone to pop off without checking the facts. Maybe we haven’t seen this surge in native American employment because there hasn’t been enough time yet. But in the face of increased taxes, businesses curtail investment and hiring. The unemployment rate is going up not down. Someone needs to tell the vice president that there are currently 7.2 million job openings in the country. Why haven’t they been filled by the natives who are out of work? Sorry, but illegals seem to be a convenient scapegoat taking the blame for whatever ails the economy. But hey, who believes these statistics anyway? I am certain when the president’s man gets installed as the head of the Bureau of Labor Statistics that we will once see statistics showing full employment of native Americans without inflation.

The idea of JD Vance as president is frightening. If he has said anything that makes sense, it has escaped me.

Lest we forget that inflation remains high and may go even higher with the rate cuts. In order for the economy to rebound what is needed is an increase in consumer confidence and in business confidence. As to consumer confidence, the University of Michigan’s Index of Consumer Sentiment has been falling, the reasons being concerns about job loss and inflation. Since this is a consumer driven economy, decreases in consumer confidence do not inspire increased spending on the part of businesses regardless of low are interest rates.

I know how to rekindle consumer confidence: cut all tariffs to zero. Subsidize those items that are truly vital to national security. Rein in government spending. Trump once boasted during his first term about his tax cuts. Now repeat after me: tariffs are taxes, tariffs are taxes, tariffs are taxes.

Trump’s illegal tariffs are again ruled to be illegal

Trump’s illegal tariffs are again ruled to be illegal

The decision by the US Federal Court of Appeals on Trump’s tariffs was surprising. It was 7-4 in upholding the Court of International Trade’s finding that the tariffs were illegal. Why was it surprising? Not because the lower court’s decision was upheld but because of the vote. I thought it was going to be unanimous like the lower court but it was 7-4. No lawyer am I but I had thought that tariffs were the purview of the Congress and not the president – although the president could impose tariffs under certain circumstances. I also thought that the courts would find that the declaring trade deficits a national emergency under the International Emergency Economic Powers Act in order to impose tariffs was so laughable that it would be thrown out of court. Not so fast my friends.

First, when the ruling by the appeals court was handed down, the president went off in his usual bellicose manner. He tweeted:

Again, it was the 7-4 vote that was interesting. The president said it was partisan. But was it? Of the seven in the majority, yes 6 were appointed by either Obama or Biden but of the four that dissented two were appointed by George W. Bush and two were appointed by Obama. What is intriguing is that the dissenting opinion was written by an Obama appointee who has ruled consistently in favor of executive overreach. This is consistent with what I have been warning. What Trump is doing in defining the powers of the executive will be used by the next democrat that occupies the White House. And then the republicans will be wailing and gnashing of their teeth bemoaning executive overreach. Remember what is sauce for the goose. The court’s ruling will not take effect until October 14 allowing the administration time to appeal to the Supreme Court.

While the government tried to argue that the tariffs were a response to the so-called (and imaginary) national emergency caused by the trade deficits, the appeals court instead concentrated on the tariffs being a tax and said:

“While the President of course has independent constitutional authority in [foreign affairs and national security], the power of the purse (including the power to tax) belongs to Congress. Absent a valid delegation by Congress, the President has no authority to impose taxes.”

And there’s the rub. There are two salient points here. First, is a trade deficit a basis for the declaration of a “national emergency” and second, are tariffs a tax? The court acknowledged that if indeed there were a national emergency, the president did have limited authority to impose temporary tariffs targeted to specific aims. For example, the tariffs imposed on Canada, Mexico and China to limit fentanyl could possibly stand. Also the tariffs on steel and aluminum were imposed under the Trade Expansion Act and are not including in this ruling. Second, are the tariffs a tax? An economist would argue that they are in fact a border tax imposed on imported goods at the port of entry. Can the administration argue otherwise? This is reminiscent of the arguments on Obamacare where Chief Justice Robert’s decisive vote was on the basis that Obamacare was a tax and hence in the purview of the congress. If this logic carries over to the tariffs, then I would expect a decision upholding the lower courts that the tariffs imposed under the International Emergency Powers Act are illegal. Again I would expect a unanimous vote but now I am now so certain.

What is particularly interesting to me is the presidential misuse of the international Economic Emergency Powers Act. As one legal scholar points out “The Act is intended to enable sanctions against individual countries that pose a national-security threat—not a persistent, broad, social or economic

Dynamic.” So since China is a threat to the national security, an imposition of tariffs to that country (or to Russia, Iran or North Korea) would be allowed. Where Trump erred is using this particular statue to impose worldwide global tariffs on countries that do not pose a national security threat to the US. Stay tuned.

Some favorite quotes

Some favorite quotes

Would we be governed differently if elections were held on April 16th?

You can sway a thousand men by appealing to their prejudices quicker than you caan convince one man by logic. – Robert Heinlein

For those who believe, no proof is necessary. For those who don’t believe, no proof is possible.  –  Stuart Chase

“Rent control appears to be the most effective technique presently known to destroy a city – except for bombing.” – Assar Lindbeck, Swedish economist

Brave men die but once, a coward dies a hundred deaths. – Julius Caesar

The essential prerequisite for learning is the readiness to acknowledge one’s ignorance. – Socrates

Ignorance is curable, stupid is forever. – Robert Heinlein

“The trouble with our liberal friends is not that they’re ignorant; it’s just that they know so much that isn’t so.” – Ronald Reagan

“The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. Children are now tyrants, not the servants of their households. They no longer rise when elders enter the room. They contradict their parents, chatter before company, gobble up dainties at the table, cross their legs, and tyrannize their teachers.” – Socrates

If you don’t stand for something you will fall for anything. – MLK

My father used to say that colored people came out of slavery, Negroes built all of the institutions, blacks helped with the right to vote and African-Americans just complain. – John Sibley Butler

“One cannot hope to reason people out of those things they haven’t been reasoned into” – Jonathan Swift

“The way to stop discriminating on the basis of race is to stop discriminating on the basis of race.” John Roberts

Fixing what is broken in Washington is not hard if your own political future is not your pressing concern. – Tom Coburn

Countries don’t have permanent friends only permanent interests – Henry John Temple, Lord Palmerston.

“There are some ideas so absurd that only an intellectual could believe them.” George Orwell

“I have never let my schooling interfere with my education.” Mark Twain

“Women and cats will do as they please, and men and dogs should relax and get used to the idea.” 
― Robert A. Heinlein

Life’s hard, but it’s harder if you’re stupid.” 
― George V. Higgins, 

The worst thing that can happen to a socialist is to have his country ruled by socialists who are not his friends. — Ludwig von Mises

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. (Declaration of Independence)

“Our safety, our liberty, depends upon preserving the Constitution of the United States as our fathers made it inviolate. The people of the United States are the rightful masters of both Congress and the courts, not to overthrow the Constitution, but to overthrow the men who pervert the Constitution.” Abraham Lincoln

“If you are never controversial, you have probably never said anything interesting.” – Assar Lindbeck

Ominously, as de Tocqueville said “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.” I’m afraid that day has arrived.

We are what we repeatedly do. Excellence, then, is not an act, but a habit. – Aristotle

We do not know enough to justify anything we believe. – Aristotle

We are too intellectually lazy to verify what we profess to believe – Aristotle

“Nobody seemed to give a damn about my work until very late in my career. Then, I felt like I was on an extended victory lap”. John Steinbeck

G. K. Chesterton’s century-old observation: “The business of Progressives is to go on making mistakes. The business of Conservatives is to prevent mistakes from being corrected.

You’re fired!

You’re fired!

It is really ironic that I was working on an article on the uptick in black unemployment when yesterday I was fired by the conservative weekly I write a column for because I am too conservative. At least they didn’t fire me because I was black. But first a little background. For twenty years I wrote a monthly business column for our local daily. Then it was sold to Gannet whose editors did not like me – no surprise there. They started editing my articles, sometimes changing their meaning. When I complained they said “If you don’t like it then quit.” They then moved my column from the business section of the Sunday paper to “Opinions”. Why? Because sometimes I expressed an opinion in the pieces. “OK”, I said, “I will now write opinion pieces.” Then during Covid they refused to publish my article that listed all the mandates from our local health department saying that I could not find scientific justification for any of them. Stores had a curfew – I asked did this mean that Covid only spread after hours? There was the 6 foot rule, later admitted by Fouci to be made up. I noted that every rule was a repeat of rules mandated by health departments during the Spanish Flu and asked whether knowledge had advanced since 1918. But our newspaper was in the “let’s keep them scared” camp. They wouldn’t publish the piece. So I quit. It was not a surprise that I was too conservative for the new editors.

Fast forward to yesterday. The publisher of the conservative weekly had called me when he found out I had quit the other paper and said that I could write “anything I wanted”. Turns out that was true only while Joe Biden was president. Although I wrote pieces supporting President Trump on his efforts on DEI, trans and antisemitism, I was opposed to the tariffs, the shakedown of private firms and noted that Trump had lied when he said he was going to be too busy to wreak vengeance on his enemies. The publisher called me obviously upset I had used the word “lied” – maybe I should have called it a fabrication – and fired me. He said that he was receiving too many criticisms of my articles and remember “we are a conservative paper.” It was curious because I had gotten only one email that called me a racist for writing that Europe was a loser and we should look elsewhere for alliances. Recall that months later, the Wall Street Journal had a piece saying the same thing. I reminded the publisher that I was a conservative – a laissez faire, free market, government with a small “g” conservative. But I was not a Trump conservative and the publisher was, agreeing with everything done by this president. So he fired me.

Isn’t it ironic that I was fired from a liberal paper for being too conservative and then fired by a “conservative” paper for the same reason? So my platform continues to shrink. Now there is only my blog. But so be it. I have been told from the womb that my mind works differently. I do this because it is fun. I don’t ask you to agree with me. I only want you to enjoy what I write whether you agree or not. Tell me when you do and please tell me when you don’t. I am an academic. Milton Friedman once said that professors love to profess. And I do love to profess.

Again. Thank you for being there.

Random thoughts #69

Random thoughts #69

Not particularly relevant to anything but the University of North Carolina played TCU. Michael Jordan and Lawrence Taylor are at the game. They probably don’t remember me but I was on the UNC athletics board and spotted for both of them in the weight room. LT was a beast but I could bench more than MJ. In those days it was thought that upper body muscles would inhibit your shot so the basketball players concentrated on the lower body.

I am surprised that the democrats aren’t demanding that ESPN change the name of their show “NFL RedZone.”

If you want to lease an EV, now is the time. A Kia Niro EV (base price $28,435) can be leased for as little as $40 a month! A Kia EV9($56,761) can be had for $189 month. The dealer uses the $7,500 tax credit which expires at the end of September to lower the lease price of the vehicle. For some weird reason the tax credit does not apply to the purchase of an EV made overseas but does apply to leasing the vehicle. Unfortunately my tastes run more toward a Porsche Taycan. Porsche is offering a $22,000 discount on a lease which lowers it to $949 a month with $(,829 due at signing. I think I will stick to my 2007 Mercedes 350 CLK.

What may stop you from leasing that EV is that Motor Trend has released the statistics showing that the deadliest car in America is (to few people’s surprise) Tesla. Kia is number two.

What’s with the workers at all tech companies that think they can picket their own company, set up encampments and deface property? Microsoft, Google and Tesla have been hit by these leftists who protest their companies doing business with Israel. These employees are getting fired. Apparently, they mistook the “campus” of their employer for a college campus and thought it was ok to act up. Someone said that the office is for work. Who knew?

Also what’s with these celebrities “fleeing” Trump’s America for England? First Ellen DeGeneres and her wife buy a house there and say “Everything here is just better – the way animals are treated, people are polite. I just love it here.” Then someone named Robin Wright fled to England saying “I love being in this country. There’s a freedom of self here. People are so kind.” That freedom apparently doesn’t cover freedom of speech.

I guess they don’t know about the UK throwing people in jail for saying or tweeting the “wrong thing.” Over 12,000 Brits are arrested each year over social media posts deemed offensive. This tells me two things. First, do the British really believe in free speech and two, if you know you are going to be arrested and still post, most people would consider you either very brave or very dumb. One of the people arrested said “It was hard to shake off the sense that I was living in a police state.” Hey, but it is a state where Ellen and Robin at least are free from Trump who hasn’t sic-ed his “Justice” Department on anti-Trump postings – yet.

England does not have a First Amendment. In case you have forgotten, here is ours:

First Amendment

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

The UK is even arresting people for praying near abortion centers. Guess they got that one from Joe Biden.

Speaking of stupid, several so-called democrat influencers are still clamoring the pack the court with their kind of people. Recall that this was the rage when Biden was president and that even the liberals on the court said it was a bad idea. It amazes me that the democrats would even utter this while Trump is in the White House and republicans have both the House and the Senate. I had said previously that I was all for court packing – now.

And what happened to Trump’s objections to the EU’s Digital Services Tax and Digital Services Act? Are they still being negotiated? The EU seemed hell bent on keeping them in place regardless of the tariffs. Trump had said that he was willing to lower their tariffs if they scuttled the acts. I have written about the digital services tax The Digital Services Act policies the online environment safer in by policing the tech giants on illegal content, hate speech and child sexual abuse material. Trump calls this censorship and has threatened actions including increased tariffs and even visas revoked against EU officials.

I wrote a piece on the decline of Europe and suggested that we look elsewhere for partners who are vibrant and love freedom. For that I got emails calling me a racist. Well the Wall Street Journal a bit later published a similar piece – “Europe is Losing”. I am sure that they don’t read my blog. I looked at the letters to the editor and found general agreement and no one accusing the Journal of being racist.

https://www.wsj.com/world/europe/europe-is-losing-fe179376