Too many people are fools every month…
A bad neck/head ache actually turned into a good thing this morning. I woke up about 4 AM because of the pain, but four ibuprofen and a half hour of heat with my new heating pad and I felt fine. Waking up at that hour allowed me to get the trash out on time for collection. I usually put it out the afternoon before as it is picked up quite early, but I forgot yesterday.
I was also able to get breakfast for my wonderful wife and me at the nearest Starbucks. It is very close, less than two miles driving distance one way. Weirdo that I am, I was struck by the fact that when I left for Starbucks the motion sensor night lights over the garage went on, but when I returned there was too much light in the sky for the lights to trigger. I told you I am a weirdo…
“Post-mortem” for monthly/quarterly blog performance…views for the first quarter of 2022 declined 30% compared to the first quarter of 2021. Yes, the number of posts also declined, but only by 13%. The last month with the same number of posts as March of 2022, which was November of 2021, had 23% more views with one fewer day.
I can’t deny the data; fewer people are reading Disaffected Musings. Of course, I will not use the criminal organization Fack Fucebook to drive blog traffic.
I think that the more I ask those of you reading to pass the word, the less effective that messaging becomes.
The financial news media is making a big deal out of the fact that the 2-year/10-year Treasury yields inverted yesterday, meaning the 2-year yield was higher than the 10-year, for the first time since 2019. That’s supposed to be a signal of an imminent recession.
Well, not exactly…the last three times that part of the yield curve inverted the average time to a recession was actually 16 months. (I have also seen that average shown as 20 months.) Investors should get nervous when the 3-month/2-year yields invert; that is actually the signal for an imminent recession. At present, that part of the yield curve is not even close to inverting.
Over-reaching government is everywhere. In Great Britain, proposed legislation to make it illegal for car owners to “tamper” with their vehicles is causing an uproar in the classic car community, which is quite large.
The legislation, which is actually aimed at new cars and their owners, is worded in such a way that it could be interpreted to apply to all cars. British collector car insurance company Footman James wrote, “The goals that the Government describes have the best of intentions, however, it is when you read deeper into the ‘Tackling Tampering’ section that each paragraph and future ‘offense’ could easily be applied to the classic vehicle industry.” As I have written before and truly believe, the road to hell is paved with good intentions.
ALL proposed legislation should have a cost/benefit analysis performed by a non-governmental company. I know that’s a pipedream, but in a world where all resources are finite, efficiency always matters and trade-offs always exist.
I would be incensed if I had purchased this car and then be informed that it would be illegal for me to modify it.
This is a 1948 DeSoto convertible that sold for $35,200 all in at the recent Mecum auction in Glendale, Arizona. Imagine the stupidity of regulations that say I couldn’t modify it, EVEN if the modifications made the car safer and more efficient.
I would never go off the grid and live in a forest, but I understand why some people do. Government is NOT supposed to be an unaccountable, dictatorial monolith, but is only supposed to exist with the consent of the governed.
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