First of all, Mississippi was not a state when it was part of the Confederacy. If that was true, then it would never have needed to be readmitted into the union. The fact it was readmitted (along with all the other treasonous states) means they were not states of the United States when they joined …
Monthly Archives: March 2022
Ukraine and Afghanistan
First of all, let’s analyze Trump’s treaty with the Taliban. It was never approved by congress, so it was not legally binding. It was never agreed to by the government of Afghanistan, so it was not legally binding. Trump was a Russian agent, so it should have been dismissed on ethical grounds. This means Trump’s …
Presidents of the last 90 years
As I’m going to bed having a chat with my partner about what a horrible scumbag Ronald Reagan was, I thought about a brief summary of US presidents for people who don’t know much about modern American history. Franklin Delano Roosevelt was one of our greatest presidents, and through the New Deal we saw the …
Why housing is expensive
From these two graphs we can determine the state of the US housing market. The number of houses being built per year is slower than it was in the 2000s. The price of housing has increased. Lower supply, increase or keep demand the same. This is why prices will rise. According to the National Association …
Diversification
Several different levels of diversification… The lowest level of diversification possible is where everyone is forced to be part of the same system managed by a small group of people. Participants have no direct say how decisions are made. If it goes down, there is economic collapse. The second lowest level of diversification is where …
Privatizing Medicare is not like self managed index funds
Republicans talk about privatizing Medicare. What this means is that instead of the government running Medicare a private insurance company runs health care for seniors. They don’t want to do this of course because seniors are expensive to insure. So it will never happen. But the main thing Medicare does is it is able to …
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Best economic lessons I ever learned
I was thinking today about the idea of sticking all of the most important financial advice onto a 3×5 note card. A few ideas came to mind. Pay off high interest debt as soon as possible (high interest > 8%) but not low interest debt if the alternative is investing in higher interest assets Take …