Sunday, August 18, 2019
Saturday, August 17, 2019
Self-hating, America-hating liberal Peter Fonda finally gets his death wish: of lung cancer at 79
Peter Fonda has wanted to die at least since 1969, when a loose-triggered good ole boy decided he had to kill the witness too, and blow Fonda's character Wyatt away with a shotgun off his motorcycle in the final scene of Easy Rider. Wyatt's partner Billy had the wrong hair cut, you see, and the bad Yankee manners of the wrong hand gesture to go with it, while Wyatt had the wrong flag painted on the gas tank of his chopper and helmet. The Yankee fu was answered with the rebel yells of a twelve gauge.
Fonda repeated the performance in 1974's little-remarked Open Season as the character Ken, when the father played by William Holden hunts Ken down and kills him. Ken is a sick-in-the-head Vietnam vet who otherwise appears to lead a normal life but abducts and abuses, then releases and hunts and kills humans two weeks every year for sport with his buddies. As young men before the war they had raped Holden's daughter. She had had a child as a result, raised by the Holden character, and ended up in a mental institution. The Yankee fu was answered with the rebel yell of a vigilante's hunting rifle.
What Fonda couldn't bring himself to do with a gun in real life, he did to himself with drugs. For one reviewer of his 1998 Don't Tell Dad: A Memoir, too much of it "is a catalog of dope smoked". All along the real fu was to himself.
Friday, August 16, 2019
If it's a number and it comes out of Rush Limbaugh's mouth, it's probably wrong
Today Rush Limbaugh corrected a caller about the Summer of Love, saying it was in 1968, not 1969.
Actually it was in 1967.
Rush also said the Beatles had already broken up by the summer of 1969, the summer of Woodstock, the 50th anniversary of which is happening right this very minute.
The break-up of the Beatles actually occurred Dec 31, 1970, when the band members John, George and Ringo first publicly confirmed it. The last photo of all of them together with Paul as a band was taken August 22, 1969, just after Woodstock had ended.
I know these things because I'm younger than Rush Limbaugh. The Beatles were YUGE to my segment of the Baby Boom generation, but not to his to the same degree.
But Rush gets lots of numbers wrong, about far more consequential things than these, as my readers know.
The only ones he doesn't get wrong are the ones that go in his pocket.
The only ones he doesn't get wrong are the ones that go in his pocket.
Thursday, August 15, 2019
Notice how five of the seven 30-year bond yield dives are a feature of the recent period since the 2000 bubble
And notice how all the episodes of great stress are post-1986 tax reform.
The chickens . . . are coming home . . . to roost!
Jobless claims through 8/10/19 pop above year ago levels in both seasonally-adjusted and not-seasonally-adjusted
That's now the third time in recent months (May, June, August), a concerning sign given that full time employment usually peaks in 3Q. It's not encouraging to see such weakness at the strongest time of the year.
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