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Thursday, February 29, 2024

Post #6643 Commentary: Was Trump the Worst President?

Any reader familiar with my blog and Twitter/X feed knows I have never supported the man politically, in fact I left the GOP as soon as he clinched his first nomination. I have supported both impeachments against him. I've opposed his fiscal record adding nearly $8T to the debt. He mishandled the pandemic crisis and started trade wars. His foreign policy was a convoluted mess, between bullying allies to indulging autocracies. Trump has had little regard for individual rights, e.g., publicly condemning released AWOL serviceman Bergdahl facing a military trial, calling Snowden a spy who should be executed and targeting Apple  for not providing a government backdoor to device  security. He wanted McConnell to abolish the filibuster to jam his pet legislation through a narrowly GOP-controlled Senate. He bashed corporations for investing in overseas operations. He tried to divert military spending for funding his border wall when he couldn't get it through Congress. He vetoed defense spending over renaming Southern military bases. He vetoed a Congressional resolution against involvement with Saudi Arabia's intervention in Yemen. He rejected Constitutional restrictions He sought to interfere with the Russiagate investigation. He was obsessed with Twitter/X, He pressed the Fed to ease monetary policy.

This doesn't mean all things Trump were bad. Business tax rates had been globally noncompetitive and structured worldwide versus terrirorial. We saw a slowdown in the growth of federal regulation.

But is he the worst? Let me provide the context for the essay. A key podcaster whose videos I often embed in my daily posis is Brion McClanahan, whose signature books include a compilation of 9 Presidents who screwed up America; he has several podcast episodes on Presidents and/or their ranking. He has been especially panning lately this latest "expert" ranking, which includes a ranking of Trump at the bottom and Biden in the teens, this recent episode (referencing Trump Derangement Syndrome)  I think particularly he particularly singles out this 2021 essay after J6 as a sample TDS historian ranking Trump dead last.

My approach/analysis is somewhat different from McClanahan, although I completely agree that a President should be based on fidelity to the Constitution and his strictly enumerated role, with a core responsibility being conducting foreign policy. I have not reviewed all the Presidents in detail for revelant criteria but, based on my own reading, independent of Brion, have particularly admired Calvin Coolidge and Grover Cleveland, in large part, based on fiscal conservatism and political reform vs. corruption, Cleveland was also anti-imperialist and for sound money. (Note I have som reservations, e.g., Coolidge's part in immigration restrictions.) Neither of them has been popular with the "experts". On the other hand, Lincoln and FDR tend to be float near or at the top of ratings. Lincoln was a disaster on a number of grounds, including primary responsibility for the deaths of over a million Americans, violations of the Bill of Rights, an unconstitutional income tax, greenbacks, and flipping the principles of federalism. FDR not only violated the 2-term limit set by Washington, but his disastrous economic policies prolonged the Depression, his shakedown of SCOTUS led to Footnote 4, resulting in Big Government, and he manipulated us into WWII

I would probably restrict though my own rankings to the last century and more specifically my lifetime. Probably the worst (including Trump) was LBJ, especially his unconscionable expansion of the Vietnam War and his failed unsustainable domestic initiatives of the War on Poverty and the introduction of Medicare and Medicaid.

Three Presidens were nearly or in fact impeached: Nixon, Clinton and Trump (twice), all for putting themselves above the Constitution and the law. Nixon's resignation preemptied his impeachment. The first 3 impeachment efforts had subsequent electoral consequenes; Trump after 2016 lost the House and in 2020 lost the Senate and Whie House. Nixon did wind down our involvement in Vietnam and opened the door to China but created the EPA, instituted ineffectual wage/price controls, and decoupled gold from the greenback, arguably igniting inflation over the following decade. Clinton began his Presidency with a tax hike and a failed Hillarycare initiative, losing the House for the first time in 4 decades. He reinvented himself , agreeing to welfare and financial deregulation reform. With a GOP Congress, he managed to balance the budget fot the first time in decades. However, he got involved in Eastern Europe and he failed to answer the rise of Al Qaeda 

Four Presidents failed to win reelection: Ford, Carter, GHW Bush, and Trump. I thought Ford did an awesome job using vetoes to cope with a liberal Congress, but I deeply disagreed with his Nixon pardon. Carter did some good things like deregulate trucking and the airlines but he expanded the Cabinet, the economy was mired in stagflatiom, and he struggled to deal with the Iran hostage crisis. But I also credit Carter with appointing Volvker who broke the back of inflation with high interest rates, probably at the cost of his own reelection. Former VP Bush unfortunately got us involved in the first Gulf War; he did lead a coalition against Iraq, although it didn't seem a security threat against the US. However, it was a recession and Bush's ill-fated bargain dealing away his no-new-taxes pledge that cost him reelection.

Reagan's tax cuts and low inflation triggered a nearly 2-decade  economic boom including a 90's Internet expansion. The Soviet empire collapsed. There were issues, of course; Reagan suffered massive deficits and he failed to shrink the general government. His meddling with Nicaragua was scandalous. You could argue, however, his conservative paradigm has set the stage to the present era.

George W. Bush rose to the challenge of the 9/11 attacks and a small tax cut from Clinton's high rattes. But he got us bogged into 2 wars and nationbuilding after running a campaign against Clinton's nationbuilding. He expanded senior entitlements without paying for them. His response to 2008's economic tsunami was not like Coolidge's to the post-WW1 depression. He nearly doubled the national debt from balanced budgets.

Obama nearly doubled the national debt and he had a historically slow recovery to the Great Recession. His overreach on the abomination of ObamaCare cost him the House and eventually the Senate. But his expansion of the imperial Presidency through executive orders really got away from the vision of the Founders.

I won't go much into Biden here.Just like Obama and Trump, he has expanded the Imperial Presidency. The economy has staggered under reignited inflation, sparked by massive spending and bad Fed policy. His border policy has failed. He'll come close to Trump's massive debt.

So where does Trump rank? Not in the top half of my lifetime. His tax cuts weren't permanent, his diplomacy mediocre, his imperial presidency unacceptable. But in my book, LBJ was even worse.

Post #6642 M: Weekend Update; McClanahan on Utah Tells the General Government to Pound Sand; Nikki Haley's primary math isn't mathing

 Quote of the Day

People will try to rain on your parade 
because they have no parade of their own.
Jeffrey Gitomer  

Weekend Update

McClanahan on Utah Tells the General Government to Pound Sand

Nikki Haley's primary math isn't mathing

Choose Life

Political Cartoon

Courtesy of Al Goodwyn via Townhall

Musical Interlude: Duets

Marilyn McCoo & Billy Davis Jr., "You Don't Have to Be a Star"

Wednesday, February 28, 2024

Post #6641 M: Trump Victory Party Cold Open; Google's AI Reboots The Titanic; Food costs hit 30 year high

 Quote of the Day

The States can best govern our home concerns 
and the general government our foreign ones. 
I wish, therefore ... never to see all offices transferred to Washington, 
where, further withdrawn from the eyes of the people, 
they may more secretly be bought and sold at market.
Thomas Jefferson  

Trump Victory Party Cold Open

Google's AI Reboots The Titanic

Food costs hit 30 year high

Choose Life

Musical Interlude: Duets

Peter Gabriel & Kate Bush, "Don't Give Up". I actually heard Willie Nelson and Sinead O'Connor's version first.

Tuesday, February 27, 2024

Post #6640 M: Dumb BLEEP of the Week; Trump Sneakers; Milei Ends Huge Deficit in 9 Weeks

Quote of the Day

The walls we build around us 
to keep out the sadness 
also keep out the joy.
Jim Rohn  

Dumb BLEEP of the Week

Trump Sneakers

Milei Ends Huge Deficit in 9 Weeks

Choose Life

Political Cartoon

Courtesy of Al Goodwyn via Townhall


Musical Interlude: Duets

Elvis Presley &  Lisa, "Where No One Stands Alone"

Monday, February 26, 2024

Post #6639 M: The 1977 Georgia Farmers' Strike; They'll Never Pay Down the National Debt; Biden Reveals his Power Level

Quote of the Day

Wisdom is not finally tested in the schools, 
Wisdom cannot be pass'd from one having it to another not having it, 
Wisdom is of the soul, is not susceptible of proof, is its own proof.
Walt Whitman  

The 1977 Georgia Farmers' Strike

They'll Never Pay Down the National Debt

Biden Reveals his Power Level

Choose Life

Musical Interlude: Duets

Elvis Presley, Lisa Marie Presley, "I Love You Because"

Sunday, February 25, 2024

Post #6638 Social Media Digest

Twitter/X 

Post #6637 M: McClanahan on The. Worst. President. (if. you. have. TDS.) Is? ; Bad Loans exceeds Bank Reserves; What's up with Tucker Carlson?

 Quote of the Day

It is a good thing to be rich, 
it is a good thing to be strong, 
but it is a better thing to be beloved of many friends.
Euripides  

McClanahan on The. Worst. President. (if. you. have. TDS.) Is?

Bad Loans exceeds Bank Reserves

What's up with Tucker Carlson?

Choose LIfe

Political Cartoon

Courtesy of Chip Bok via Townhall

Musical Interlude: Duets

"In The Ghetto", Elvis Presley With Lisa Marie Presley

Saturday, February 24, 2024

Post #6636 J

 Pandemic Report

The latest weekly stats from CDC:


The latest dailies from Worldometer:


We continue to see the fall/winter surge recede overall, although the flu remains elevated in some regions, but there are still many getting infected and/or dying, like infected comeback gymnast Gabby Douglas.

News items of interest include, but are not restricted to:

  • Over 134K cancer cases went undetected during the first year of the pandemic.
  • A number of related scientific studies published during the early pandemic did not get adequately  peer-reviewed and had methodological issues, like the use of convenience samples.
  • COVID relief fraud prosecutions continues including
  • Younger adults (25+, especially women) are more likely to develop long COVID
  • Apparently the use of COVID relief funds for migrants has gone beyond Washington state.
  • A possible lead.or marker for long COVID: COVID stimulates production of protein interferon gamma (IFN-γ), which evidently is lower in vaccinated people
  • Although vaccine sales slumped last year, Moderna's market share has risen to 48%
  • An ex-US multinational study showed higher counts for certain adverse events to vaccination, including some combination of Guillain-Barré syndrome, Bell’s palsy, convulsions, myocarditis and pericarditis.
  • "A new study led by the University of Oxford has found that a high proportion of SARS-CoV-2 infections in the general population lead to persistent infections lasting a month or more."
  • Vaccine mandates may lead to unintended consequences, like lower vaccination rates. For example, a mandate might lead people to believe unrealistic expectations of herd immunity, hence feeling vaccination is unnecessary. If you don't know your neighbor is vaccinated, you may be more proactive towards your own health.
  •  "A new study led by the University of Oxford has found that a high proportion of SARS-CoV-2 infections in the general population lead to persistent infections lasting a month or more. "
  • The war against anti-vaxxer misinformation continues, e.g., contrary to some sources, blood donations from vaccinated people are healthy to use.  
  • Post-pandemic audit contnues on public policy. For example- the Kansas Senate is looking at shifting authority from unelected public health officials and to advance visitation rights for families. 

Other Notes

It has been a sluggish week for readership on the blog and on Twitter/X where apparently I lost 3 followers over the past week.

I'm really concerned about the economy. Whewreas my retirement investments have done well over the past several weeks, I'm wary that we are in a similar situation to the manic euphoric blowout of the 2000 Nasdaq meltdown, only in this case we are seeing an AI boom led by chipmaker Nvidia. Yes, I remember back in 1999-2000 seeing printouts by co-workers of Nvidia stock. If I had inested at $12/share I would have been wealthy enough to retire by now. Don't get me wrong: it's a great company, but these stock prices are in the nosebleed territory.. Going vertical in the stock market is never sustainable. Calling a top in this market is a fool's mission. There's still a lot of cash on the sideline.I don't know when or how this game of musical chairs will end. But let me give one other AI     stock I've been tracking lately: a 5-day graph from Google Finance:


This stock has gone down like 6% one day to 30% up another and down 17% to finish the week. A good company but I could mever sleep at night with this kind of volatility with the money I need to retire on.

I think we're seeing a global slowdown which will eventually hit our economy. I think inflation has been heating up again. The Fed will likely delay interest rate cuts I think the market has already priced into the market. But high interest rates will likely inevitably sink some banks in the near future, and the market will correct on bad news. This will not be good for Biden's hopes for reelection.

I got up very early this morning to catch the WWE Elimination Chamber PLE. The results were all obvious. The WWE has been hinting at Becky Lynch/Rhea Ripley for Wrestlemania, and Drew McIntyre was the obvious heel challenger to babyface champ Seth Rollins. In the men's chamber I wasn't happy about Logan Paul's use of brass knuckles again or AJ Styles' surprise entrance as a non-competitor to take out LA Knight. The talk segment was a waste of time; we all thought it was to announce Seth & Cody to challenge Rock & Reigns. Instead it was more about Cody pissed at Rock's slapping his face.

Post #6635 M: Mass Defaults are Coming; McClanahan on The Midwit New York Times on Secession; DiLorenzo on Who Benefits from Inflation?

 Quote of the Day

Chance favors the prepared mind.
Louis Pasteur

Mass Defaults are Coming

McClanahan on The Midwit New York Times on Secession

DiLorenzo on Who Benefits from Inflation?

Choose Life

Political Cartoon

Courtesy of Chip Bok via Townhall

Musical Interlude: Duets

Lisa Marie Presley and Elvis, "Don't Cry Daddy"

Friday, February 23, 2024

Post #6634 M: American Consumers have hit a wall; What Kind of Diversity is Actually a "Strength"? ; Goodbye, Navalny

 Quote of the Day

The man of knowledge must be able 
not only to love his enemies 
but also to hate his friends.
Friedrich Nietzsche  

American Consumers have hit a wall

What Kind of Diversity is Actually a "Strength"?

Goodbye, Navalny

Choose Life

Political Cartoon

Courtesy of Henry Payne via Townhall

Musical Interlude: Duets

"UNFORGETTABLE", Natalie Cole/Nat K. Cole

Thursday, February 22, 2024

Post #6633 M: Stossel on Cellphone Privacy; Big Dairy vs Small Farmers using Government Regulators; McClanahan on Is the GOP the Party of John C. Calhoun?

 Quote of the Day

He who angers you conquers you.
Elizabeth Kenny

Stossel on Cellphone Privacy

Big Dairy vs Small Farmers using Government Regulators

McClanahan on Is the GOP the Party of John C. Calhoun?

Choose Life

Political Cartoon

Courtesy of Margolis & Cox via Townhall

Musical Interlude: Duets

John Denver & Plácido Domingo, "Perhaps Love"

Wednesday, February 21, 2024

Post #6632 M: “Germany’s Industrial Superpower Days Are Over”; McClanahan on American Exceptionalism; Education for a Free Society

 Quote of the Day

The challenge of leadership is 
to be strong, but not rude; 
be kind, but not weak; 
be bold, but not a bully; 
be thoughtful, but not lazy; 
be humble, but not timid; 
be proud, but not arrogant; 
have humor, but without folly.
Jim Rohn  

“Germany’s Industrial Superpower Days Are Over”

McClanahan on American Exceptionalism

Education for a Free Society

Choose Life

Political Cartoon

Courtesy of Michael Ramirez via Townhall

Musical Interlude: Duets

Jim Brickman, "The Gift" ft. Collin Raye & Susan Ashton

Tuesday, February 20, 2024

Post #6631 M: How 2024’s Record Retirement Numbers Could Spark a Recession; Biden Rants at Shrinkflation; Remembering "Stonewall"

 Quote of the Day

My father taught me to always do more than you get paid for 
as an investment in your future.
Jim Rohn  

How 2024’s Record Retirement Numbers Could Spark a Recession

Biden Rants at Shrinkflation

Remembering "Stonewall"

Choose Life

Political Cartoon

Courtesy of Michael Ramirez via Townhall

Musical Interlude: Duets

Johnny Cash & June Carter, "It Ain't Me, Babe"

Monday, February 19, 2024

Post #6630 M: America's Growing Banking Crisis; Raging Councilman Physically Destroys Innocent Business; Politics Created the Border Crisis

 Quote of the Day

Far and away the best prize that life offers is 
the chance to work hard at work worth doing.
Theodore Roosevelt  

America's Growing Banking Crisis

Raging Councilman Physically Destroys Innocent Business

Politics Created the Border Crisis

Choose Life

Political Cartoon

Courtesy of Al Goodwyn via Townhall

Musical Interlude: Duets

Céline Dion and R. Kelly, "I'm Your Angel"

Sunday, February 18, 2024

Post #6629 Social Media Digest

Twitter/X 

Post #6628 M: Americans don’t believe Biden’s Data; A Tale of Two Leaders; Dumb Bleep of the Week

 Quote of the Day

So long as I am acting from duty and conviction, 
I am indifferent to taunts and jeers. 
I think they will probably do me more good than harm.
Winston Churchill  

Americans don’t believe Biden’s Data

A Tale of Two Leaders

Dumb Bleep of the Week

Choose Life

Musical Interlude: Duets

Sonny & Cher, "I Got You Babe"

Saturday, February 17, 2024

Post #6627 J

 Pandemic Report

The latest from CDC weekly stats:


The latest dailies from Worldometer:


The overall decrease of the fall/winter surge continues with a slight leveling off on hospitalizations which may be a temporary blip. JN.1 continues as  the dominant variant, responsible for over 9 of 10 cases; it continues to be worrisome for its heightened transmissibility and ability to evade immune responses.

News items of interest include but are not resstricted to:
  • Arguably the biggest news item of the week is word CDC is weighing lowering current 5-day isolation guidance for the infected to as little as 1 fever-free day.
  • It may sound sound counterintuitive for a libertarian to be sympathetic to vaccine mandates; I would be opposed if it was a paternalist policy solely about one person's health. But you can also spread a contagion to others with more compromised immune systems. One can make exceptions for those allergic to vaccine ingredients, but for most people there are minimal costs to vaccinate and a moral obligation to participate in the goal of herd immunity. In this context, Rutgers' vaccine mandate for students has survived a court challenge.
  • Fewer nursing facility residents and staff are getting COVID-19 vaccines, according to a new KFF analysis of federal data. Only 38% of residents and 15% of staff have received the latest vaccine. In comparison, 50% of residents and 22% of staff received updated vaccines in 2022 and 87% of residents and 88% of staff completed the initial vaccination series."
  • Prosecution of COVID relief fraud continues, including Boston gang members using pandemic enployment relief funds to purchase guns.
  • The battle against anti-vaxxer rubbish  continues. Social media accounts falsely suggest trassmissibility from vaccinated individuals was an explicit criterion for FDA emergency authorization. 

Other Notes

Blog and Twitter/X readership  remained at near-normal sluggish rates. For those interested in the kind of things I do at work, I worked a couple of examples into Friday's essay.

I think what happened involving the retutn of the Rock (Dwayne Johnson) to WWE really sheds light on how pro scripted wrestling sometimes has to go with the flow. Dwayne shares Samoan family roots with current WWE Unified "heel/bad guy" champion Roman Retgns, who holds a modern record multi-year tenure. Reigns' faction, the (Samoan) Bloodline, initially led by the tag team champ Uso twins/brothers, also relatives, prominently figures into helping Reign's successful title defenses with dirty tactics. Dwayne,  of course, is a well-established lead actor and doesn't need to wrestle; ;he is expanding his business empire, with a key role in the recent USFL/XFL "spring football" merger. He also has a board seat in TKO, the company that recently acquired WWE. WWE for sometimes has wanted to book a babyface Rock confronting Reigns. (I don't think WWE expected to book Rock over Reigns given his schedule constraints in defending the title.) It hadn't happened earlier because of scheduling issues and Rock also felt he had to fit in enough ring training to have a credible match at the year's signature event, Wrestlemania.

So part of the problem is babyface Cody Rhodes won the Royal Rumble last year, earning a Wtestlemania shot against Reigns to winning the one title his iconic dad, the American Dream, Dusty Rhodes, had been denied, thus finishing Cody's "story". Cody, of couse, was denied by dirty tactics. It seemed like WWE was going to deny Rhodes' rematch until next Wrestlemania. In the meanwhile  WWE signed another AEW talent, CM Punk, himself a former WWE champ, and it looked like WWE was aiming for Punk to challenge new "World" champ Seth Rollins for his belt--which left the possibility of Cody "finishing his story". In fact, the recent Royal Rumble ended up between Rhodes and Punk, with Rhodes winning a rare repeat. Punk apparently got injured at some point, and it's not clear if Cody's win was an audible.

Rollins had shown a distaste to Punk's return to WWE, but Punk's injury made that that match impossible. In the meanwhile, Cody made it clear he wanted to finish his story after the victory. And note that Cody had already swept Rollins in a program of matches when Cody earlier came back to WWE after AEW.

The Rock, on the other hand, had earlier implied in his Jan. 1 appearance he had come back to sit at the "head of the table", a tagline closely associated with Reigns' rank in the bloodline.

So when Rollins made a  pitch for Rhodes to choose his belt to challenge for, and Rhodes cleared the way for Rock to challenge Reigns, Rock got nuclear heat--not good  for a babyface facing a heel.

So did WWE work the fans all along anticipating an anti-Rock backlash, turn Rock heel and have him team with Reigns against Rhodes/Rollins the first night of Wrestlemania and have Reigns and Rollins  defend their titles the next night against Rhodes and (likely) McIntyre? That's not official yet. The Rollins opponent will be crowned at next weekend's Perth PLE.

I just never bought into Rock's challenge to Reigns. There was no storyline behind it--like maybe Reigns' dissing Rock, or say, Rock costing Reigns his belt the second night. So whether intentional or an audible on the Rock's heat, I think they'll use the circumstance to motivate Rock v Reigns although I don't know if we're going to have to wait another year to see it. There are already some theories online about Rock's hinting a betrayal of Reigns during a recent joint appearance.