Saturda’s Wandering Political Thoughts

Some things catching my attention in the week’s news…

I enjoy Ali’s regular offering, Peace & Justice History. Posted every day on Scottie’s Playground, the post provides a high-level recap of the day in history in the realm of peace, law, and justice. I like it as a reminder of the history which has gone before. While there is sometimes a sinking sensation that history is part of a wash cycle, and we’re going through the spin and rinse once again, reading about others stands against war and for justice and human dignity can inspire and fuel my need for optimism.

Infidel753 provided a good overview of the Bond market and the huge implications for the U.S. when our bonds fall out of favor. As several have suggested, the bond market drop probably caused the pause in Trump’s wacky tariff scheme.

“The sale of Treasury bonds is how the US government borrows money.  A bond’s value at maturity is fixed; its initial sale price is lower and is determined by supply and demand, with the difference between sale price and maturity value being the interest paid by the government to the investor.  For example, if a bond is worth $100 at maturity, and you buy it for $95, then the $5 difference is the interest you get on the investment, effectively paid to you by the government.  If you are less confident that the bond is a good investment, and you pay only $90, then your return is $10 when the bond matures, and the government is having to pay twice as much interest to borrow the money from you.  In practice, the sale price of Treasury bonds is set by supply and demand and reflects investors’ collective level of confidence in the US economy at any given moment.

“The reason this matters for the future of Trump’s befuddled trade and foreign policy is that huge quantities of US bonds are owned by foreign governments.  Japan holds over a trillion dollars worth of them, China holds $760 billion, the UK holds $720 billion, Canada holds $380 billion, and many others also hold substantial amounts.  Even by the standards of the US federal budget, these are very large amounts of money.  And these governments have now learned that turmoil in the bond market can get Trump to back down even when nothing else can.

Some hope was found that the Roberts Court finally, finally, took a stronger stance against the Trump Regime’s mass deportation scheme, the one that pretends that due process has no place in the U.S. no matter what the Constitution and legal precedence says. Jennifer Rubin at The Contrarian gave a concise summary of the latest ruling. Now we all wait to see what happens next. I haven’t perused the news yet, but something else may have already happened. Whatever else, the Trump Regime is an evil and diabolical machine in its pursuit of unlawfully getting people out of the country.

Milwaukee, Wisconsin is coping with lead paint in its schools. The Biden administration was working with them to help them out of this mess. Isn’t working for the common welfare one reason for the Federal government’s existence? But under the Trump Regime, the CDC experts who were going to help Milwaukee have been fired. And, the Trump Regime told them that it’s declining their request for help. I’m sure that Milwaukee citizens are probably wondering, why the fuck are we paying taxes, then. I know that would be my reaction. Not sure how this fits, but Wisconsin was a swing state that went for Trump while Milwaukee went for Harris.

A confusing piece was in The Hill. Trump on egg costs: ‘If anything, the prices are getting too low’. It was a real head-scratching read.

‘President Trump weighed in on the cost of eggs around the country, claiming Friday at the White House that the prices are “getting too low.”

Trump praised Agriculture Secretary Brooke Rollins for doing a “great” job and then asserted that egg prices are “down 87 percent, but nobody talks about that.”’  

“Bullshit,” my wife said. “I just bought eggs. They’re not down ’87 percent’. If that’s right, why are they still so expensive in Oregon?”

Yes, it’s something else to ponder.

The Four Buildings Dream

I was alternatively and seamlessly at different stages in my life, from teenager to middle age. I was going through four dull brown monolithic buildings. Almost featureless, their outside corners were hard right angles. They reminded me of huge parking garages, but they teemed with people.

As I went through them, I realized the buildings were familiar. Navigating them, getting lost, finding my way again, I realized that two were schools and one was retail stores, like a giant mall. Traversing the steps to different levels, finding my way through the buildings, I’d get lost and take wrong turns and circle back, searching for the right way to go. Doing this, I became more familiar with the layouts. Some was new information being learned or realized, while more came from dredging up memories. I realized that the fourth building were floors and rows of offices and cubicles, the corporate world.

Deciding I had a semblance of understanding about the arrangements, I began searching for familiar places and faces. I sometimes glimpsed people in the crowds who I thought I knew. The buildings were always so crowded and busy, and everyone was rushed and harried. Becoming firmer about my commitment and more convinced about where I wanted to go, I entered a long and tall but quiet and empty room.

A tall flight of black metal stairs was available in the room’s middle. I went up the stairs. Inside were three women. As I walked around, they asked, “Who are you?” Without letting me answer, one said, “Maybe you can help.”

As she said this, another said, “I’m not getting anywhere. Maybe he can try.”

I recognized the three women as RL blogging friends. I’d never met them but knew them online. They were at a workbench. Some electronic device was in pieces on it. “Here, come here,” one ordered. “You try. We’re supposed to use this to analyze but it’s not working. You try.”

I didn’t understand what they were talking about. I asked, “Analyze what?” I had an impression it was to locate guns being fired but then changed that idea to the device being something about interpreting people’s moods.

The one woman was talking fast about their efforts to use the device and putting it back together while she spoke. When she finished putting it together, she stopped talking and shoved it at me.

I protested and scoffed. “I have no idea what this is. What makes you think I can fix it?”

They urged me, “Just try.”

I bent down, figured out how to turn the thing on, and began messing with switches, dials, and buttons. A male voice was immediately heard.

“You did it,” the women said. “You fixed it.”

I was shaking my head, answering them, “I didn’t fix it, I didn’t do anything. I think you might have fixed it when you put it back together.”

They hugged and thanked me. I kept protesting that I hadn’t done anything and then left going back down the stairs.

Knowing where I was in relation to the buildings, I decided to visit my elementary and high schools. Taking different stairs, I left one building and entered another.

No, that wasn’t right. I reversed course and tried again. Coming down stairs, I entered a place I knew as my high school. I immediately spotted a number of people who’d worked for me during my life. “There you are,” one said. “I’ve been wanting to talk to you about this book. You said it was a good read. This is turgid, dull, and flat. I wanted to kill myself reading it.”

I laughed, pleased to see him, shaking his hand. “It is a good book but it might not be the book for you.” I began going on about different tastes and expectations. While I talked, another person came up. This was Howard, from “The Big Bang Theory”. He said, “I thought it was a good book. I enjoyed it, although I thought there were places where it needed help.”

We spoke for minutes more about the book and then I said, “I need to go,” and told them I’d see them later. I left that room and entered a fourth-grade room which I remembered. It was full of young students at desks. Several began asking, “Who’s he,” as I walked around the room and remembered it. Others began saying, “I know him.” A teacher who I didn’t know came up. “I know you,” she said, then shook my hand. She began telling me about all these things that I supposedly did. She insisted I was famous. I clapped back, “I think you’re confusing me with someone else.”

I left the room. The dream ended.

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