Saturday, July 6, 2024

Two Cents Worth While Contemplating the meaning of Independence


Time for another installment of unrelated subject matter and commentary.

­_I doubt that the Founding Fathers of this nation ever envisioned piling up a federal debt that would be 25% greater than annual gross domestic product.  Or that the interest on debt would exceed National Defense spending.  Not a great formula for being “independent”.

_I look forward to seeing Kevin Costner’s “Horizon”.  But I don’t do movie theaters anymore and certainly not for a 3-hour Part I episode.  I’m spoiled by the big screen at home, my comfortable chair and most of all, a pause button.

_Health tip: Make sure you’re getting enough protein.  “Enough” depends on size, sex, age and activity level.  Most of us consume too many empty carbs and not enough protein.  Worldwide it’s estimated that over 1 billion people suffer from severe protein deficiency.  

_The Freight Recession continues.  While we are seeing some signs of improvement, the consensus of opinion is we will not see overall capacity/demand balance until mid-2025.

_Anyone who is just now realizing that President Biden is not up to the task has either not being paying attention or they have been in denial.  And Donald Trump isn’t far behind.  There really needs to be an age limit on the President and Vice-President positions.  Once a person gets past 70, even if they are very healthy, they begin to lose their edge.  Clearly there are big jobs a healthy, super senior can do.  Warren Buffet and the late Charlie Munger come to mind.  Clint Eastwood has done some very good work well past 70.  There are artists and entertainers who remain outstanding in their 70's and even into their 80's.  But being President of the United States is a whole other ballgame, if it’s done right.  And the risks are too great if it’s not done right.  We should not be rolling the dice against old age for the most important job in the world.

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