Is Big Tech About To Go Bust?

You might as well call it death by a thousand paper cuts. That’s basically what is happening. In case you’ve missed it, even though Congress has had a multitude of hearings over the past few years on whether to regulate Big Tech or not, nothing has happened. Of course, not much has happened in this Congress at all. But still, Big Tech has managed to kick the ball further down the road, and it could end up costing them billions.

There are currently 18 states, all Republican led, that are considering bills that basically say that if Big Tech silences one of their state’s residents’ freedom of speech, then that person has the right to sue that company in state court. That eliminates a LOT of problems for the consumer because typically those battles would be waged in Federal Courts. And Federal Courts cost a bundle more than state courts do to litigate anything. Typically, you’re looking at a minimum legal bill of $30,000 to take anything to a Federal Court. That all changes if these bills pass.

So, what is going to happen to Big Tech? I think you’re going to see some changes. First of all, they are going to challenge whether or not a state can actually hear such a case in state court, or whether it needs to go to the federal jurisdiction (as would most cases that arise between parties in two states). Second, if the tech companies lose that round, they will make whatever tweeks in their terms of service that say you have to go through an arbitration process or can only take it to a federal court if that doesn’t work. However, as we’ve seen with several “signs” posted in businesses, and also in terms of service, just because you post something there doesn’t make it necessarily legal.

Lastly, you better believe the Supreme Court will most likely be the ultimate deciding factor in this matter. Both Democrats and Republicans, but for differing reasons, think that Big Tech has gone too far and needs to be regulated. Republicans want to see less violations of someone’s freedom of speech, and Democrats are all about regulating businesses into submission.

Either way, it should be interesting to see what happens up the road. Currently, no state has actually passed one of these bills, and you’d better believe Big Tech is already lining up their attorneys to do battle. Or, maybe they are already on the phone calling Elon Musk, to ask him if he wants to buy out THEIR company. Wouldn’t that be a hoot?

Carry on world…you’re dismissed!

EXTRA! Baby Formula Debacle

Well, this is one thing you really can’t hang on Joe Biden, if we are being totally honest and totally fair. The shortage of baby formula isn’t because Biden cancelled oil lease auctions, or decided to eighty-six the Keystone XL Pipeline. It’s not because he printed too much money at the beginning of last year (and the last year of the Trump administration).

It’s because of a recall. And it’s really NOT nationwide.

Oh, yes, it IS difficult to get baby formula, probably everywhere, but the crisis is only hitting in Iowa, South Dakota, North Dakota, Missouri, Texas, and Tennessee. In those six states, baby formula outages are at 40%. And the reason, believe it or not, is pretty normal.

The company that makes the baby formula, Abbott Nutrition recalled Similac, Alimentum and EleCare, the three brands that the company makes because four babies reportedly got sick from ingesting the formula. The complaints went to Food & Drug Administration, who notified Abbott, and they voluntarily pulled the baby formula from the shelves.

Apparently, the plant that makes the baby formula in Sturgis, Michigan was the one that was responsible for the recall, and Abbott Nutrition and the FDA are working together to get it back up and running as quickly as possible.

Now, that’s not saying that it’s not effecting other areas of the country, but it looks like it’s pretty well confined, at least on a “total outage” situation to the six states listed above. I’m sure the big box stores like Sam’s Club and Costco are seeing this type of shortage to some degree as well, though I must admit that I’m not a customer of this product, nor have I been for a really long time.

Still, it’s no consolation to the millions of affected families. But with all the problems our country is facing today, and the fact that most of them can be traced back to something the Biden administration has done or said, at least Joe can sleep better realizing he didn’t have anything to do with this debacle. That makes him one for 200. Still not good enough for the big leagues, Joe!

Carry on world…you’re dismissed!

Inflation Pauses…For Now.

It wasn’t anywhere near where the “experts” wanted it. Joe Biden certainly wanted to see better results. Democrats in Congress are still really worried, but for now at least, it looks like inflation is starting to take a bit of a pause. For now.

The April numbers came in this week and showed that inflation has cooled a bit. Back in March, inflation was hitting at an 8.5% clip. That slipped to 8.3% in April as prices only rose by 0.3% during last month. That’s overall. And the drop was not near where the “experts” thought it would end up. They felt that it would be closer to 8.1%, not the 8.3% it ended at. There were several things that caused it.

You may have noticed in April that gasoline took a drop of about 40 cents a gallon. Of course, by the beginning of May, it was back up to where it had been, so that’s nothing to really crow about. What is still disconcerting is that gasoline prices are up about 45% since last year at this time. Of course, Biden is blaming it all on COVID and Vladimir Putin. Except we don’t buy much oil from Russia, and COVID was actually responsible for a decrease in oil prices under Trump. So, why the increase under Biden? Simple. He doesn’t like oil.

You won’t find much relief at the grocery store. Food prices were on a tear, rising about 0.9% in April alone, and up about 9.4% in 2022. Since last year, food prices have risen over 10%. What is also a harbinger that this inflation cycle isn’t over is that in March, “core goods” (which is retail goods other than gasoline and energy) was only up 0.3%. That boosted to a 0.6% increase in April. That also translates into a 7.2% increase for core goods for the year. That’s not healthy.

Basically, if you take gasoline and energy prices out of the mix, you’re going to see us on track for a 10% inflation rate for the year. That’s also not very inviting. Democrats are scurrying to try and find a solution before November. It’s the worst bout of inflation we’ve dealt with since 1981, when Ronald Reagan was finishing cleaning up Jimmy Carter’s mess of a presidency. And it will most likely take a new president to clean up the mess Joe Biden is leaving behind.

Carry on world…you’re dismissed!

Will The Supreme Court Leak Matter Come November?

It’s a question that will get you a million different answers depending on whom you ask. If you talk to Democrats, it’s the issue that they’ve been waiting for. If you talk to Republicans, it’s no big deal because there are a million other issues that are more prevalent. Will it matter at all?

I am not sure at this point. First of all, if the Supreme Court never had this leak, would it had changed the outcome next month? Doubtful. If they are going to find that the whole national abortion strategy should be a states’ rights issue, it wouldn’t matter if it came out in April, May, or June. When it comes out, regardless the outcome, it will have some impact, for sure.

Is it going to be the calm of the “big red storm” everybody has been predicting? Nope. Sorry, but there are just as many people that feel that abortion shouldn’t be legal and those that feel it should. It’s about as evenly divided as can be in this country. The last poll I saw said 51% said the Supreme Court should not overturn Roe. 49% said they should. That’s not what I would call enough to be the number one issue in an election.

When you look at inflation, supply chain problems, immigration out of control, crime in the streets, a looming recession, and a Congress that can’t get anything done, even though the Democrats control both houses of it, those are issues that matter more to people than abortion. And, even quite a few Democrats (Ruth Bader Ginsburg among them) have said that the logic behind Roe passing muster in 1973 was flawed beyond belief. Justices totally bypassed the 10th Amendment to get to the14th Amendment in finding a way to get it done.

Is this going to tip the balance of power in Congress? Nope. I know Dems are out there fundraising right now trying to tell people that “women’s health” is becoming the number one issue in the country. It hasn’t been for decades, and it won’t be this time around either. I don’t care what side of the abortion issue you’re on, there just aren’t going to be enough people fighting for it to really care and really make a difference. The Supreme Court, if indeed the leaked decision stands, is just correcting a mistake that it made some fifty years ago. I’m surprised actually, that it took this long to get it done.

I still think there is going to be somewhat of a red wave this November. This was a shock to Democrats, but only because they lost and they weren’t thinking they were going to lose. There is nothing that they can do at this point to right that ship because it’s sailed. Packing the court isn’t going to do it because a) there isn’t time and b) even if they got it through both houses of Congress, and got Biden to sign it into law, the blowback from the American people would be vicious. Deciding that the Justices should have term limits of some sort, works a little better in the minds of the public, but then the call for Congress to have term limits will be front and center and that’s something they don’t want to come within a hundred miles of.

And of course, you’ve got conservatives on both parties that are fundraising as well, saying that if Democrats succeed in keeping Congress, it pushes the US further and further to the left and the Supreme Court will be “punished” for what it did to abortion.

Breathe deep and don’t worry. November will be here soon enough!

Carry on world…you’re dismissed!

But Does Biden’s Staff WANT Him To Run In 2024?

That is going to depend on who in the Biden administration you ask. Joe himself has all but declared his candidacy for 2024. That was much to the chagrin of his staff, who don’t want him making that statement. In fact, they’ve gone to rather extreme lengths to make sure that Joe follows their script and doesn’t wade off into the weeds as he is known to do.

There are some issues, as we’ll discuss.

First of all, you’ve probably noticed that you don’t see Biden sitting in the Oval Office with the press surrounding him as he signs a bill, or makes a statement, or answers question. There’s a reason for that. The Oval Office doesn’t have a teleprompter in it. Instead, they’ve built a “phony” staging area next door to the Oval where Biden staffers feel much more comfortable with him holding those media events. That’s because it DOES have a teleprompter. It’s the biggest fear of his staff…him going off message. And you hear him complain about it all the time. How often does Joe say something like, “Well, I’m not supposed to say this, but…”, or “I’m not allowed to take questions.”

But most of the staff are preparing for a run in 2024. They certainly don’t want Biden saying that because of plummeting poll numbers, or a decline mental or physical health, he’s only going to serve as president for one term. That would make him a lame duck. And that would be take away an awful lot of power from the office. People wouldn’t respect his thoughts and opinions as much (not that they necessarily do anyway), but it would decimate whatever agenda he has left.

The tightrope that the staff is walking right now surrounds when Joe announces he’s going to run. Most Democrats don’t want him trying for a second term. But if he chooses not to, he has to be careful of when that announcement is made. Too early and as I said, he becomes a lame duck. Too late and the Democrats lose the opportunity to get decent candidates to run in his place. Think back to when George HW Bush was president. It was a different circumstance altogether, but Democrats shied away from running against Bush because he had a 90% approval rating at one point. Only five Dems stepped up to the plate to run in the primaries: Bill Clinton, Jerry Brown, Paul Tsongas, Tom Harkin, & Bob Kerry. None of them at the time would be considered “serious” contenders, and we all know what ended up happening.

At the same time, Donald Trump is all but sure he’s going to run, but he will most likely wait until 2023 to announce as well. He doesn’t want to be the first candidate to announce. He’d rather Biden go first, then he’ll announce a week or two later. Neither Trump nor Biden is going to have a problem with name recognition. Both, for the third presidential election in a row, are going to have a negative problem. They both have negatives that voters see and they’ll have to overcome them. Biden is a buffoon and hasn’t done a decent job at anything. Trump is seen as an egomaniac and someone that is about as far away as being “presidential” as you can get. In the end though, I think most Americans would rather have a decent life style and a guy that’s full of himself than a guy that can’t remember what state he’s in.

2024 will most assuredly be a presidential contest for the ages. I’m not sure which age, but it’s looking like 70’s and 80’s.

Carry on world…you’re dismissed!

Jobs Numbers Are Out. It’s Who You Believe That Determines How Good They Are

The good news for the economy is that there were 428,000 “new” jobs added to the economy in the month of April. The “experts” said it would be about 300,000, so the good news is, the economy added more jobs than was predicted. The jobless rate held steady at 3.6%, which is still 0.1% above where it was before the whole COVID thing hit back in February/March of 2020.

The thing that you won’t hear Joe Biden or the administration or the talking heads on the snowflake news channels say is, there were 4 MILLION Americans that have quit their jobs this year without going to a new job.

My question is why?

Obviously, when you add jobs to the economy it’s good because people are earning money, they’ve gotten off the couch, they’re contributing to society. That’s good for the country, regardless what side of the political spectrum you’re on. However, when millions of people say they’ve had enough, be it because of vaccine mandates, or mask mandates, or they just hit retirement age and decided to rest and relax, that’s a lot of folks not contributing.

The overall problems with our economy is still there. First of all, the government does not add new jobs to the economy unless they are expanding government. That’s the only way Joe Biden should be getting credit. We are still adding back the jobs that were lost during COVID, and according to CNN Business, they say that by the end of August of this year, all of the jobs lost due to COVID will have been added back into the workforce.

Now, that means that all that Biden claims to have “added” and “grown” as far as jobs is concerned isn’t really the truth. All he’s been able to do is slowly, over the past year and a half add back some of the jobs that were lost when we shut down. He hasn’t expanded the economy. In fact, as the GDP shows from the first quarter, we have contracted the sized of our economy. One more bad quarter means that we’ve hit the definition of “recession”. That would be about six to eight months earlier than most economic experts are predicting. They are saying that 2023 is when we should tighten our belts (if you do such a thing during a recession), and be ready for high inflation and a lower economy. That will be far enough into Biden’s watch as president that there isn’t any way he can blame Trump for that. He’s going to have to step up and take the responsibility for it.

Yes, we are slowly getting back to normal after COVID. And that’s a good thing. I don’t know anyone that wants our economy to falter or fail. But having said that, we’re a long ways off from where we were with Trump as president. Inflation is wholly seven times higher now than it was back then. Gas prices are wholly $2.50 a gallon higher now than it was back then. We had no supply chain issues back then. And we had no problems on the southern border.

What is scary is that we have real problems. And what are the Democrats screaming about? They are screaming about an early draft that was leaked on abortion from the Supreme Court. It means nothing. It could be entirely reversed by June. They need to focus on what’s happening now and not worry about what may happen up the road. Even then, it’s not going to eliminate abortions. It only is going to allow the states to make that decision, which is what the 10th Amendment says should happen anyway. We can only pray that one day, these snowflakes would look to the future and figure out what’s BEST for America!

Carry on world…you’re dismissed!

Is The Left Over-Reacting To Supreme Court Leak?

My initial hunch is of course they are. Anytime they are seeing anything that could even be construed as limiting abortion, they go bat-crazy. And so, it’s to be expected that Democrats are going to try and do everything in their power to keep that. The problem is very simple.

There isn’t a damn thing they can do about it.

The Supreme Court is the last stop on the railroad. There is no way to change what the court has said unless a future court decides to do what this one did, which was actually rectify a poor decision that was made under pressure from liberal women back in 1973. But we have to be very clear about what is and what isn’t happening. The Supreme Court is NOT over-turning Roe v. Wade per se.

What the Supreme Court is doing, IF what everyone has read by now in the leaked decision is accurate, is send back to the state of Mississippi the court case that came before the high court. That case limits abortions to 15 weeks (through the first trimester). Most people in the country (68% by the way according to a recent poll) say that they would agree with this limitation. Snowflake liberals don’t. They want abortion on demand up to and including birth. That is not the majority opinion in the country however. When you get closer to the actual birth, the number of people thinking at abortion should still be legal drops to 22%.

But the Supreme Court, by sending this case back to Mississippi (it’s called Dobbs v. Jackson in case you’re interested), it’s saying it’s a states’ rights issue and Mississippi has the right to decide this case on their own. That being said, Roe v. Wade is going to be changed because it isn’t a “national policy”, but abortion isn’t going to go away. States can decide if they want to have abortions made legal in their state, and if so, what, if any, limitations are going to be attached.

And actually, the liberals if they had an ounce of brains in their head, should be rejoicing on this one. Do you know how many abortions have been performed in this country since 1973? The answer is about 63 million. Now, let’s assume that 75% (a number I’m pulling out of the air) were Democrats and 25% were Republicans who got abortions. That means that Democrats have lost about 47,250,000 million new voters. And you think 12 or 13 million illegals coming into this country is a big deal? How close would ANY election be if Dems were to throw an additional 47 million votes their candidates way? You wouldn’t HAVE to get rid of the filibuster. We’d be a one-party nation in a matter of two decades. But that’s the short-sightedness of the left. Give me a way to not have a baby that I would have raised to be liberal! Duh!

Anyway, Roe v. Wade may be changed, it may not legalize abortions everywhere, but it will still be around. You can always drop by California, or New York, or Oregon, or Washington State, and get your abortion is you want.

Carry on world…you’re dismissed!

Dems’ Increase Call For Filibuster Removal

The apparent overturning of a key Supreme Court case from 50 years ago is fueling a blazing fire in the Senate and beyond. And while it’s got something to do with Roe v. Wade being potentially overturned, it has more to do with the filibuster in the Senate staying or being removed.

First of all, a quick reminder. The filibuster has been in place since 1806. It wasn’t a part of the Founding Fathers’ original design of the government. But early lawmakers realized that the makeup of the Senate was markedly different from that of the House. So, they created a way to slow things down and deliberate the ideas a little longer. They created the filibuster, which basically said that anyone can stand on the Senate floor and talk for as long as they want. If, by chance, they talked until a quorum wasn’t available, then the topic they were debating would be called for a vote, and it would die for lack of a quorum. It was rarely used and made headlines when it was used for the first 200 years or so. Then in the 1970’s the rules were simplified. Instead of having a Senator speak for 24 hours (which is still available today), if a filibuster was threatened, they’d just move on to other business. Nowadays, if a bill doesn’t have 60 votes, they don’t even try to get it passed unless they want to show the world who is voting for and against something.

OK, with that in mind, the Democrats are calling for a filibuster removal so that they can “codify Roe v. Wade” in law. That means they would pass a federal law that would make sure that abortion was legal in all 50 states. However, according to what I’ve read in the leaked ruling that is coming out next month, that probably wouldn’t fly either. It wasn’t the legality of abortions that was in question in the Mississippi case the court was hearing. It was more of a states’ rights issue. It sounded like abortion could still be legal where you live if your state decided it to be a good thing. Therefore, if the federal government decided to “codify” the law, it would still violate the 10th Amendment, and would most likely end up back in the Supreme Court, where it would get batted down.

But what the Democrats fail to understand is that the filibuster move may hurt them more than it helps them. Filibusters help the minority party, and hurt the majority party. And while a filibuster in codifying Roe would in the short term, help the Democrats, in the long run it will kill them. If they were to lose control of the Senate in November, starting next January, they wouldn’t have any filibuster in place to protect them against anything the Republicans wanted to do. It would be what I call the “Harry Reid fiasco” all over again.

Reid went nuclear when he couldn’t get Bobo Obama’s federal judge picks confirmed, so rather than tell Bobo to get somebody less socialist, he did away with the need for 60 votes for all presidential appointees except Supreme Court Justices. That helped out Obama, but it also helped Republicans more. When they got into power, they expanded the Reid fiasco to include the Supreme Court nominees. And that’s how we got a 6-3 conservative court. Had Reid never pulled that trigger, the high court would be a LOT less conservative.

The word to Democrats is caution. Be careful what you wish for today, because as we’ve seen in the past, it can bite you in the butt tomorrow!

Carry on world….you’re dismissed!

How Are You Liking Inflation? It’s Here To Stay

I know what Joe Biden said. I heard what Fed Chairman, Jerome Powell said. Apparently, what the real money people…the people that make money their profession, their career, and their livelihood have come out and said the idea of the inflationary spiral we’ve witnessed over the last year is not “transitory” as the Biden administration claimed. And as Powell has said, it’s not going to be “coming down substantially next year”. The people that work with this stuff every day for decades on end say, higher prices are here to stay.

I would say “Thanks Obama!” But I don’t think he had as much to do with it as Biden did.

Either way, I bet Obama is loving it. It will indeed systematically change America. It will change your lifestyle, your way of thinking, how much travel you take in the coming years. It will creep into every crevice of your being, from the milk you buy, to the college you send your kids to. It appears, according to the experts, like inflation is here to stay for a good long while.

It’s going to take basically a Ronald Reagan type of individual, working with Congress to stop the insane price increases (which are occurring for no good reason). And most of the money people that I have spoken with over the past six months or so have all been in lockstep saying the same thing. They were saying that this year, inflation would be 7-10%, and that next year it would be 10-13% with a recession thrown in. I’ve heard that more and more from more mainstream financial experts and talking heads over the last month or so.

For someone to come up and say that Biden and Powell were right in their assumption that this was just a cyclical thing that will be gone soon is hogwash. I don’t know anybody in their right mind that has the ability to turn this around that quickly once the prices start skyrocketing.

We’ve seen the inflation in what hurts us the most. We’ve seen in at the gas pumps, which is a direct result of Biden’s wish to push electric vehicles (EV’s), and we’ve seen it in the grocery stores because of “supply chain issues”, also caused by Biden’s economic policies. But clothing is up, travel is up (have you looked online for airfares recently?). About the only thing that you can actually save money on today are cruises, because they are ramping back up after being shutdown due to COVID. And it won’t be long before they are at 90% capacity and they’ll inch those prices back up as well!

No, Joe Biden has proven me wrong. I’ve always said that no one person can do enough damage to harm the United States during a four year term as president. Biden has managed to do so. For that, he ought to be arrested and thrown in jail. It’s just criminal.

Carry on world…you’re dismissed!

It’s That Time Again…

It’s hard to believe it’s been a whole year! Mother’s Day is upon us. And to all mothers out there, I hope you have an incredibly great and fantastic day, and you get to do whatever it is that is important to you! You certainly deserve the best.

For me? I’ve got the best thing I could ever ask for. I’ve been able to spend these Mother’s Day with my Mom. And it’s a big deal. See, for 30 odd years, I was in the midwest, raising a family and working. She was either in Philadelphia working, or retired out here in the desert. When my wife and I decided to retire and move out here to be with her, it gave me such a wonderful present.

My mom (and I certainly hope yours), is a very special lady. She was an only child, and learned that through hard work and determination, you can accomplish anything. And she did. She was a single parent back in the 1960’s. That was a time when you really didn’t have today’s rather lax view on divorce. In fact, I can remember people in our neighborhood that weren’t allowed to play with me because my parents were divorced! How times have changed.

Mom’s greatest fear was that she couldn’t keep food on the table, a roof over our heads, and clothes on our back. She was always improving herself. She always bettered herself. And she always worked two jobs. She got a Master’s Degree, followed by a PhD. She went from being a speech teacher, to an assistant principal (back when I was at the same school!) to becoming a Vice President at not one but two colleges. I would say that was a rather successful career. In that time, she raised three boys by herself, and never let us believe anything but we could be and do anything we wanted. She led by example. You just don’t find that today very often.

She instilled a work ethic in us that all three of us grabbed on to and lived to this day. She never let us know that we didn’t have much money, and always made sure we were “cultured” in some way, shape, or form. We still took time for summer vacations, spent a lot of family time with her parents (whom we all loved), and taught us that honesty was the best policy. I learned responsibility, both ethically and fiscally from her. And to this day, she continues to shape my way of thinking.

So to be able to share a meal with her not just today, but pretty much on a weekly basis is such a blessing, I can’t begin to relate. I’m the luckiest guy in the world because of it. And I never forget what she did to get me to this position in life. I only hope and pray that each and every one of you can feel the same about your mother as I do about mine.

Happy Mother’s Day Mom!!! (and yes…she reads my blogs every day!)

Carry on world…you’re dismissed!