Hard upon the December Index, here are the January figures. Home prices are holding their own. Read the whole report HERE.
From the Sacramento Business News, their account of whats coming up at everyone’s favorite bank. Read about it HERE.
WE WERE OFFLINE for a couple of days. Google told me to change my password and everything stopped working. Thanks to wonderful Cory from Cornerstone Computers, we’re back in business.
SPACEX- What a pleasure to have some good news! That was really fun!! I take back everything I said about Elon being a goofball. Still not too sold on those flamethrowers, though.
TRUMP WANTS A PARADE to honor him and his glory. He’s looking more like Mussolini every day. And the cretins in the White House who enable him should burn in the deepest circle of Hell.. I didn’t used to believe in Hell, but a year of Trump is changing my mind.
NEW AT COSTCO- a wonderful snack food from British Columbia called InnoFood Coconut Clusters. They’re NOT overwhelmingly sweet or cocoanut flavored and ARE organic, gluten-free wheat-free etc. You can’ t stop eating them. In the freezer, they are now selling BB GO dumplings that you microwave in a plastic tray. Darn good.
CURMUDGEON CORNER- When did “drop the mike” become a thing? I was a Broadcasting student at San Francisco State and have a whole 2 units of Audio Studies under my belt and I can tell you, any of us who had dropped a mike would have been escorted out of class. We got to work with the old classic broadcast mikes, the ribbon mikes on a stand. They would have killed us. Mikes must be cheaper nowadays. But they’re not any better.
AND ANOTHER THING- While we’re talking about annoying commercials, what about those Farmers ads–“WE ARE FARMERS! DUM DE DUM DE DUM DUM DUM” that sound like they’re sung by the Russian Army Chorus. Then they show Asian people following JK Simmons around an insurance museum. What a horrible idea! Someone should set them free. Does anyone actually buy insurance because of these ads? Do women, who control most families’ pursestrings? I doubt it.
CARTER PAGES’ HAT- Carter Page, the goofball who loves being in front of the the camera and may be looking at jail time for his excessive friendliness with the Rooskies, has one thing going for him: THAT HAT. It’s like someone took a deerstalker hat and cut some of it off. Remember the old vaudeville song, “Where did you get that hat boy? Where did you get that hat? I must have one like that!” I want one. I don’t want to WEAR it, I just want one. BTW. I goggled “Carter Page’s Hat” and got a site showing him wearing a RED hat, not what I would want at all.
ARE YOU STILL ON FACEBOOK? WHY???? You like having your every keystroke sold to merchandisers? Too lazy to make/keep REAL friends so you settle for the FB version? Too lazy to keep up with the news so you settle for someone else’s news feed? Make your own news feed! Are you aware that FB sold ads to the Russians during the 2016 campaign? I have a FB account which I use when I have NO other way of reaching people but I’m limiting myself to five minutes a day, most of which goes to “I Remember In Eureka When…”
According to POLITICO, Tony V is now within 2 points of Gavin Loathesome in the gubernatorial polls. And Tom Steyer is hiring 50- that’s FIFTY- campaign workers.
From Dr Eschker and our hard-working friends at HSU. Housing prices are UP but home sales are DOWN. Go Figure.
The Index is HERE.
From the Sacramento Business News
The state of California is looking for a consultant to develop a public bank to service the state’s legal cannabis industry.
California State Treasurer John Chiang today announced the move with the state’s Attorney General’s Office to begin a “methodical and disciplined evaluation structured as a two-part feasibility study.”
The study will answer questions about costs, benefits, risks and legal and regulatory issues, according to a press release from Chiang’s office.
With the passage of Proposition 64 two years ago, California moved to legalize the recreational use of marijuana on Jan. 1 this year. However, under federal law, marijuana is still illegal, so banks, credit unions and brokerages — all of which have federal oversight — are at risk of losing their licenses to operate if they take money associated with cannabis.
Chiang is concerned that so much money is stuck in cash, posing a potential danger to the cannabis industry and also to state offices that have to collect taxes from the industry.
Some of the details the consultants will consider are a public bank’s need for capital, deposit insurance and access to the banking system.
“We want California to get the most bang for its buck. So today I am issuing a Request for Information, or RFI, to get the expert help we need to establish the scope of our feasibility study,” Chiang said in a teleconference.
“I want to conclude by saying that California — and other states — will need to lead when it comes to bringing the cannabis industry out of the shadows so that it can be properly regulated to prevent sales to minors, to protect the public’s health and safety, and ensure cannabis businesses behave as legitimate, tax-paying members of our economy,” he said.
Chiang went on to say that U.S. Attorney General Jeff Sessions made the federal government’s position “crystal clear” earlier this month when he said he would end Obama-era cannabis guidelines “that essentially remove cannabis from the list of federal drug enforcement priorities.”
Planes and trains crash, so do cars, Even the GOP leaders can’t get from DC to the Greenbriar without a disaster. What’s a poor traveler to do?
The answer is HERE
I won’t go through the excruciating review of Our Fake President’s State of the Union speech since Cong. Huffman has already provided a good summary. The most divisive President in history says the SOTU is “strong”. A lot of us would disagree. Meanwhile the despicable Devin Nunes ought to be brought up on treason charges himself for disclosing sensitive info for political reasons. Let’s hope he’s stopped before lasting damage is done. Trump is waging a war against the FBI, the intel agencies and everyone else who stands between him and his alternate reality. This is going to be a very long three years. As of this writing, Trump, and his staff- the most incompetent in history- and his stooge Nunes are hell-bent on destroying our government and those who work there and they have nothing better to offer. And Trump is hell-bent on leaving us defenseless against the ongoing cyberattacks. Disgusting.
BTW Nunes has at least seven opponents this year. Give generously to any of them.
“Fire and Fury”- We finally got our copy from Eureka Books ($33) and it IS a juicy read, Did you know that Trump is so out of it he thinks Nixon was framed???? Even Nixon didn’t claim that. It’s the ignorance, again. I also hadn’t realized how pivotal a figure Jared Kushner is- he’s been behind every bad decision Trump has made. ‘(His West Wing nickname is “The Butler” because he hovers a lot and does little.) No less than NINE solid DC law firms turned down the dubious honor of representing Trump in the Mueller inquiry. This is good: “This was Bannon’s fundamental insight about Trump: he made everything personal and he was helpless not to.” Bannon was obviously the smart one of the bunch. The part about Nicky Haley is not as was publicized; no indication that she had an affair with anyone although she is regarded as being “as ambitious as Lucifer” . Perhaps she’ll be picking over the bones when the Trump thing collapses.
Well, our Fake President took a huge retinue to Davos, including the one with the trophy wife- is it Munchkin? It wasn’t cheap. When I was there 20 years ago a plate of spaghetti at an outdoor café was $17. That was in Bern, not Davos. Davos would be twice that. Davos is close to Klosters where Audrey Hepburn, the most elegant woman who ever lived( including Nefertiti) had her residence. She was married to a rich Italian doctor, which didn’t save her from dying of cancer at 63.
Yes, the good die young , which means we’ll be stuck with Trump and his gang of robber barons for awhile. Everyone was relieved that he stuck to his teleprompter speech but the next morning he started in on his Greatest Hits List again, bashing Hillary and the Fake Media again 15 months after the election. His 71 year-old brain apparently cannot accept new data like THE ELECTION’S OVER. If they invite him back next year will they/we have to listen to the same crap?
BTW the way to stay on a budget in Switzerland is to hang in the train stations, which have wonderful takeout food. Everyone goes there. The train stations are clean and busy and right in the heart of whatever town you’re going to. Not like our poor sad neglected stations.
Short edition today because I believe I’m coming down with that damn flu. Wish me luck.
This piece from the Hill is a good summary of Jerry Brown’s career. Unbelievably, there are ignoramuses right here in Humboldt County who still think it’s smart to call him “Moonbeam”.
From Moonbeam to mainstream: Jerry Brown in winter
With just 18 days before President Trump completes his first year as president, he is now on track to exceed 2,000 false or misleading claims, according to our database that analyzes, categorizes and tracks every suspect statement uttered by the president.
As of Monday, the total stood at 1,950 claims in 347 days, or an average of 5.6 claims a day. (Our full interactive graphic can be found here.)
As regular readers know, the president has a tendency to repeat himself — often. There are now more than 60 claims that he has repeated three or more times. The president’s impromptu 30-minute interview with the New York Times over the holidays, in which he made at least 24 false or misleading claims, included many statements that we have previously fact-checked.
We currently have a tie for Trump’s most repeated claims, both made 61 times. Both of these claims date from the start of Trump’s presidency and to a large extent have faded as talking points.
One of these claims was some variation of the statement that the Affordable Care Act is dying and “essentially dead.” The Congressional Budget Office has said that the Obamacare exchanges, despite well-documented issues, are not imploding and are expected to remain stable for the foreseeable future. Indeed, healthy enrollment for the coming year has surprised health-care experts. Trump used to say this a lot, but he’s quieted down since his efforts to repeal the law flopped.
Trump also repeatedly takes credit for events or business decisions that happened before he took the oath of office — or had even been elected. Sixty-one times, he has touted that he secured business investments and job announcements that had been previously announced and could easily be found with a Google search.
With the successful push in Congress to pass a tax plan, two of Trump’s favorite talking points about taxes — that the tax plan will be the biggest tax cut in U.S. history and that the United States is one of the highest-taxed nations — have rapidly moved up the list.
Trump repeated the falsehood about having the biggest tax cut 53 times, even though Treasury Department data shows it would rank eighth. And 58 times Trump has claimed that the United States pays the highest corporate taxes (25 times) or that it is one of the highest-taxed nations (33 times). The latter is false; the former is misleading, as the effective U.S. corporate tax rate (what companies end up paying after deductions and benefits) ends up being lower than the statutory tax rate.
We also track the president’s flip-flops on our list, as they are so glaring. He spent the 2016 campaign telling supporters that the unemployment rate was really 42 percent and the official statistics were phony; now, on 46 occasions he has hailed the lowest unemployment rate in 17 years. It was already very low when he was elected — 4.6 percent, the lowest in a decade — so his failure to acknowledge that is misleading.
An astonishing 85 times, Trump has celebrated a rise in the stock market — even though in the campaign he repeatedly said it was a “bubble” that was ready to crash as soon as the Federal Reserve started raising interest rates. Well, the Fed has raised rates three times since the election — and yet the stock market has not plunged as Trump predicted. It has continued a rise in stock prices that began under President Barack Obama in 2009. Again, Trump has never explained his shift in position on the stock market.
Moreover, the U.S. stock-market rise in 2017 was not unique and mirrored a global rise in equities. When looking at the Standard & Poor’s 500-stock index, it’s clear U.S. stocks haven’t rallied as robustly as their foreign equivalents. Yet Trump loves this claim so much that he has repeated it 28 times in the 49 days since our last update — more often than every other day.
We maintain the database by closely reading or watching Trump’s myriad public appearances and television and radio interviews. The interviews are especially hard to keep up with, in part because the White House does not routinely post on them on its website. In fact, a recent redesign of the White House website appears to make it difficult to find transcripts of Trump’s remarks at the White House.
This project originally started as a first-100-days database, but by popular demand we extended it to one year. We will soon face a decision about whether to maintain it beyond one year, even though it strains the resources (and weekends) of our staff. In at least one instance, the database was used for academic analysis. We welcome thoughts from readers about whether it remains a worthwhile endeavor.