Editor:
There comes a point when things you did not want to believe in the past become obviously true.
Inflation just hit new highs as did the debt. A handy tool to calculate your inflation costs can be found by clicking here. You might want to believe otherwise but these are real numbers.
The purchase of 1.5 days worth of Russian diesel will pay for weapons Russia can use against Ukraine or sell to Iran to kill American soldiers. That’s the hard truth so there is no reason to trust anyone continually aligning with a butcher like Putin.
The second war in the Middle East calms down, the Israeli PM will likely be voted out of office and his trial for fraud and graft will resume. His bad advice to stay in power is recognized there and has brought economic disaster for us – fuel, fertilizer and missiles. There is no reason to trust anyone who chooses to believe everything a desperate crook wants to cling to power.
Did you know Donald Trump profits this year on his cryptocurrency business exceed his investors’ losses? This says something about whose pocket book really matters to him. That was a pattern with the New Jersey casinos too.
AI investment supports the economy right now. Profits are years off. But the money makes stock market numbers and economic activity numbers look good. Clearly in a crowded field many will go bust. No matter investors may overbuilding data center capacity since Google has announced radical new software which increases computational speed 8x while decreasing memory needs 6x.
Now do you think DT has pure motives when he fights all proposals to exam the details of AI or does he simply want to support growth numbers for his investor friends and to pad inflated economic reports?
Good capitalism, in theory and practice, depends upon good math, accurate information, free speech, and fairly applied laws. These will be needed to figure out the mix of financial and fiscal policy needed to dig out of our huge deficit. Doesn’t it makes sense to accept 50 years of data showing that policies which make the filthy rich, richer really do not create jobs or a better life style. What we face is being a country of renters rather than homeowners.
And why are the Epstein files and rich perpetrators names still being hidden while so many young victims information was outed. That is a good example of current misuse of government power and our justice system.
Will Canada every trust its boyfriend again?
This is an rare and consequential election similar to 1860 and 1932. So much is blowing up in our face that the crisis forces out old ideas and can bring clarity. Usually a major realignment in political thought starts with a landslide which matches the self evident need.
You matter, so your vote matters. Dare say, no one voted for what is happening. Vote this year.
Conrad F. Cropsey
Albion