Breaking news (although check with your checkbook, previously “broken”) here’s the latest on inflation in the Labor Department’s Cost of Surviving report just out:
“The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in December on a seasonally adjusted basis after rising 0.3 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.3 percent before seasonal adjustment.
The indexes for gasoline, shelter, and medical care all rose in December, accounting for most of the increase in the seasonally adjusted all items index. The gasoline index increased 2.8 percent in December. Other major energy component indexes were mixed, and the energy index rose 1.4 percent. The food index rose 0.2 percent in December with the indexes for both food at home and food away from home increasing over the month.
The index for all items less food and energy rose 0.1 percent in December after increasing 0.2 percent in November. Along with the indexes for shelter and medical care, the indexes for apparel, motor vehicle insurance, recreation, and new vehicles all increased in December. The indexes for used cars and trucks, household furnishings and operations, and airline fares were among those to decline.
You do better with pictures?
In the screwy world of the Fed (don’t get me started) they look at the All Items less Food and Energy index. Up 2.3 % year over year. Which sounds like inflation is coming…yet bonds still suck. What gives?
Fed’s just making-up money on the fly. How much from the NY Fed Repo Depot this morning? $ 82 -billion. That’s $518 each for every working person in America, if you do the calc’s on it.
We have to wonder if John Grisham, Jackie Collins, or Clive Cussler, all accomplished fiction authors, aren’t coaching of the CPI authors.
You see, we go to the store about once a week. And I assure you, our REAL cost of food (as one example) has escalated much higher and faster than such federal reports would belie. Wait…I think that’s what going on here. Yes, a lot of belying..
Optimism Gets Tempered, Though
Press release from the National Federation of Independent Business:
“WASHINGTON, D.C. (Jan. 14, 2020) — Small business optimism ended the year historically strong, with a reading of 102.7, down two points from November. Seven of 10 components fell, two improved, and one was unchanged. An increased number of small business owners reported better business conditions and expect higher nominal sales in the next three months. While frequency of plans to raise compensation fell two points, it remains one of the highest readings in the survey’s 46-year history. Small businesses continued to hire and create new jobs with actual job creation matching November’s reading, the highest since May.
“December marked the end of another banner year for the small business economy, as owners took full advantage of strong consumer spending, and federal tax and regulatory relief,” said NFIB Chief Economist William Dunkelberg. “2020 is starting out with a solid foundation for continued growth, two years into the Tax Cuts and Jobs Act that’s providing fuel to grow small businesses and their workforce.”
Dear Digital Mob Rule Uprisers (and other mainly democrat crap-stirrers): Can’t ya’ll read? I mean WTF?
Even more worries for the digital mob as China Agrees To Buy More Cars, Airplanes, Energy From US In Phase 1 Trade Deal. Success is wrong, right?
In the Shorts
We’ll keep it simple for those in the slow lane:
Megxit Mania: A daily dose in Who will pay for Harry and Meghan’s security? Canada says discussions are underway. We gotta wonder about the future of England when they can drive off a young couple, as they have. Yet they can’t drive off the prick in Brussels. Doesn’t make sense to us. One further note: Megxit ties Mullahs in our morning headline count. Just gotten piss Tehran off.
Let’s all Financialize Climate, shall we? NT Times DealBook: BlackRock Puts Climate Change Center Stage. Better scam that Bitcoin…though not by much.
Didn’t Disney get there first, Dept: Brain Freeze: Russian Firm Offers Path to Immortality for a Fee. Oh, and no, Disney did not end up on ice. Mandalla Effect, maybe?
Yarns of the Crooked Press
How long have we bemoaned the fact that the mainstream media is crooked and largely run by leftist (*and lately mullah) sympathizers? Try not to look surprised, then, as you read “TV’s Trump News: Three-Fourths Impeachment and 93% Negative.”
Yeah…best employment levels ever for most all minorities, soaring stock market, coming to terms with the border mess…so yeah: Let’s impeach the prime mover behind all this and elect a questionable jokewhohaunts us or the guy who should have remained a carpenter? GMAFB, people!
This is like getting a paper cut on one hand, and cutting off the other in the interest of “fairness.” So you bleed out…isn’t that the “right” thing to do these days?
(Hint: of course not! You’d have to be an idiot…oops…I see the error of my ways.)
Glaciers and Climate Hype
As the leading “climate skepticoloogist” in East Texas, I have to pass on the story that popped up in our (irreverent) “Comments” section: It’s in the NY Post under the headline “The telling tale of Glacier National Park’s ‘gone by 2020’ signs .”
The signs inconveniently made up some years back by some True Believer in Climate Lies embed in gov’t. Signs predicted the Glaciers in Glacier Park would all be “gone by 2020.” We regret to inform the Parks people, there are still 29 glaciers and they need to update their fear-mongering distro list and make sure it gets read this time.
We note the Post rather cowardly puts the Opinion label on this. Seems to us, they really ought to put the Opinion label on all climate hot air and hype stories.
Oh, speaking of which: I happen to be reading Graham Hancock’s America Before: The Key to Earth’s Lost Civilization and it’s absolutely a first -rate read.
A Trip to the Eye Doc
After a first-rate visit to the PCP (primary-care provider; you’ll learn oldster insurance-speak when you grow-up) Friday, Monday’s follow-on was a visit to my first-rate Eye doc up in Tyler, Texas was great, as well..
Several items of interest, but I will try to keep it short.
First, Monday was “People driving white cars are Idiots Day.” Since people driving white cars Monday were all over the road, not particularly inclined to fully stop at intersections, and prone to weaving in and out of lanes to the peril of innocents nearby.
Second: I’ve requested (and we’ll see how this goes) that because I have optical rosacea, I’ve been taking low does doxycylene for a while and yes, it helps – SOME. However, recently on PubMed, there has been a paper saying Doxy works as well as Azithromycin.
Which matters, why?
Found another “newish” paper that involves something call DAV therapy to root out cancer cells. Short for Doxycylene, Azithromycin, and Vitamin C. More applicable to my old eyes is the method of action is different for each of the antibiotics: As one of the cites explains in its Abstract: “Azithromycin inhibits the large mitochondrial ribosome as an off-target side-effect. In addition, Doxycycline inhibits the small mitochondrial ribosome as an off-target side-effect. “
Which offered (to my lame-brain) the notion that the rosacea effect may be a “mixture” of irritants that might respond to the combination, rather than singular med.
I asked my doc “ So, do other people come in all the time with treatment ides and support PubMed cites?” That got a smile out of him. I’m guessing not no, but more like hell no. And a lot of that has to do, I figure, with people being (check as many as applicable): lazy, dumb, stupid (a next-door neighbor of dumb), victims, ignorant, not-self-directed, and/or believers in “experts are always right.” Ever count airplane crashes? Experts are not always right.
We’ll see how my request (lower doxy, add azithro) goes. In today’s litigious world, even what makes perfect sense (due to different method of actions) may not make it past whatever the internal reviews are to vary from the Gospel According to Lawyers.
As I’ve today you previously, Lawyers and Insurance Companies actually practice a good bit of Medicine, these days. And some ornery old sonofabitchinthewoods doesn’t care for such “out of bounds” practice of medicine without a license, defended I’m sure by the professional associations and K Street payoff artists.
Notwithstanding, the eyes are OK, with tweaks to the eye-glasses. And stable enough so the new “cross-linking” technology may not make sense ($6,000 per eye is the insurance billing price), but more study and thinking to come on this.
It is paradoxical: The eyes are (easily) good enough to drive, but that raises the blood pressure, lol…
Cross-linking – if you haven’t heard of it – stabilizes the cornea by putting riboflavin on ’em, then exposing the properly goo’ed up eye to UV light. Not quite like curing in a 3D resin printer, or that awful-tasting tooth resin, but the UV binds the riboflavin to the eye cross-linking with the cells and slows degenerative corneal disease a good bit. (Glad you asked?)
One other “Gee, this aging sh*tz a bitch” in passing: New book out by Suzanne Sommers is on Elaine’s Kindle now: “A New Way to Age: The Most Cutting-Edge Advances in Antiaging.” Not that E needs it (you did hear the ice cracking, right?)
I’m anxious to see what her views (Sommers,. not E’s) are. (One review referred 8 orgasms a day at Sommers’ age 73, so we may have to cut back, lol). OTOH, it’s refreshing to see a Hollywood-type staying in their field of expertise (appearance) and not getting into politics, environment, and some of the other “they know nothing!” topics many Tinsel-Town Types meander into. It’s ike they read their own press releases…
OK, time to “table it” for this morning. Instead of turning over chickens (looking for eggs) I’m debating leftover spaghetti. I’ll let you know how that turns out, though as the old union carpenter said “I work for scale…” lately. And I did have leftover shrimp pizza Monday morning….would war mein noodles be a better choice? You, know, spirit of Globalism and all that?
Write when you get rich,