I hit a sign-in wall…
It’s probably worthwhile to consider what Buffet has to say about the economy. Not that there haven’t been other signs with the bank failures.
Of course- it’s like the weather- what can you do about it?
Yeah, I don’t why I got one.
So they say… Buffet chief among them.
Maybe there’s a larger corporate ownership, so access to multiple media pages is added up together to make you hit the paywall sooner than you would do for each individual site?
Killing a Stranger on the Subway Is Disorderly
I’VE RIDDEN IN a subway car with a yelling, disturbed stranger. Everyone has. It’s happened more times than I can count, till hardly any of the individual episodes even stick out. I do remember the one time I was riding with one of my kids, far between stops under the East River, three feet away from a twitching guy snarling about how he was the Messiah and the end was coming. That one sticks out.
It’s even possible I’d ridden in a subway car where Jordan Neely was doing the yelling; at least, the description of Neely’s particular tirade, about how he didn’t care if he went to jail, fit with tirades I’ve been through before—genuinely bad tirades, alarming ones, tirades that make it sound like the person is going to break and do something dangerous.
I’ve never been in a subway car while somebody was killing somebody else, though.
This is a pretty big distinction, but the media and the public seem to be having trouble making it. The Associated Press tweeted that the killing—or, as the AP put it, the “choking death”—had “set off powerful reactions, with some calling the chokehold a homicide and others defending the passenger’s action as a defense against disorder.”
In fact, the chokehold had been called a homicide by the city’s medical examiner, which would seem to put that question outside the AP’s standard sphere of debate. Whatever the legal system may finally do about Neely’s death, as a matter of journalistic fact, he was officially killed by the action of another person. He didn’t coincidentally die of a heart attack or drug overdose or “excited delirium” while he was being choked; the other passenger choked him to death.
If the Fed keeps raising rates, we will.
Powell is dosing the patient with medicine for one “disease” (low unemployment/high wage growth) when the root cause is entirely different (corporate profit-taking). That kind of incompetence is infuriating to watch, like a slow-motion trainwreck.
Fixed that one.
What? Mississippi is messing with funds and efforts intended to help marginalized residents who’ve already been victimized by state policies…again?
And now, Oakland:
Kusipää Jones owns her a lot money…
In the past, your rate was based on your zip code, but now it will be based on your specific flood risk. FEMA says they’ll look at the characteristics of your home, its elevation, and distance from rivers and lakes.
Insurance Broker Rob Samuels said before, people who were further from the water were subsidizing those closer to the water. But that won’t happen anymore.
“The thinking is hey, if you want to purchase a property in Naples, Florida, in Sarasota, Florida…you know the inherent risk in purchasing that property. If you want to go ahead and buy that property, you need to pay your full share of what that flood insurance premium is,” Samuels said.
Huh? Isn’t that the point of insurance, to spread the risk?
It is. But the cost of premiums are supposed to be proportional to risk, not just peanut buttered all over an area regardless of risk.
That is the whole endeavor of actuaries, to calculate risk and assign financial value to it.
For example, car insurance isn’t based solely on where you live or what you drive, but primarily based on your driving experience and record.