Brookings piece on Inflation
As in all Capitalism, there is no rhyme or reason on pricing, there is only grab a price point and ride it until it can't be ridden anymore.
However, the relative price of goods prices is still above where we would have expected it to be pre-pandemic—shown by the dotted line—suggesting that there is still scope for goods prices to continue falling for some time.
https://www.brookings.edu/articles/the-pandemic-inflation-episode-is-still-unwinding/
I don't know about you, but I think I could strengthen those bonds a little differently.
The FIXX said it best, One Thing Leads to Another...
Panama Canal Drought
Panama Canal officials announced Wednesday they would reduce the daily number of vessels allowed to transit the shipping passage to 24, down from the average of 36 this time last year, amid severe drought conditions. Estimated losses from the cutbacks are expected to cost Panama nearly $700M this year and have domino effects on global shipping.
S: 1440 Digest
In fact, no names were written down at Ellis Island—the people coming to the US were required to provide their contact information when buying the tickets for the journey, so their names were already recorded in the ship’s manifest. Families might have changed their names after settling in the new country.
You can blame a scene in The Godfather II for popularizing the urban legend.
MIND BLOWING Morning Brew Opening
Good morning. Ready for your mind to be blown on a Friday morning?
No one’s family name was changed at Ellis Island. The popular belief that immigrants’ names were altered, shortened, or misheard by bungling authorities at Ellis Island is a complete myth, according to a thorough debunking by professors Rosemary Meszaros and Katherine Pennavaria that was spotted by Marginal Revolution.
ON this date in 1957 - Pat Boone sang at Dwight Eisenhower's presidential inauguration ball.
Pat's managers Bun Man and Mr. Purple begged Pat not to sing 'Love Letters' but Pat did anyway.
When Mrs. Eisenhower heard the song, she became distraught, remembering Dwight's affair during wartime w/ Capt. Kay Summersby.
Dwight got the Mrs. calmed down and then gave the evil eye to Pat...
Some things are better left unspoken or unsung. "On a day like today, we pass the time away..."
CORPORATIONS...They are always the other C-word
Over the years, the two companies have successfully lobbied lawmakers to weaken safety regulations.
Spirit AeroSystems, which makes 70% of the Max, saw its revenue decline 58 percent in 2020 after the aircraft was grounded.
Judd Legum on the Aircraft industry's efforts to make it easier to SKATE
ON this date in 1996 - Lisa Marie Presley filed for divorce from Michael Jackson.
Ms. Presley had complained repeatedly to Michael's therapists, Bun Man and Mr. Purple, about MJ wearing his white glove in bed.
Ms. Presley had told them, "The glove don't fit, and he must quit...
(decorum prevents me telling other sordid details)"
Johnnie Cochran would later paraphrase that line for his nefarious work.
ON this date in 1974 - Bad Company was formed by ex-members of several groups.
Those groups included Free, Mott the Hoople and King Crimson.
Paul Rodgers considered joining Super Heads in Time (S.H.I.T.), Bun Man and Mr. Purple's seminal garage band, but after the audition, Bun turned to Purple and said "The cat can sing, this totally changes what we're about..."
So, Paul joined Bad Company and the rest is history...
Recommend Electric Land if you've never heard it...
ON this date in 1990 - In an FBI sting, Washington, DC, Mayor Marion Barry was arrested for drug possession.
He was later convicted of a misdemeanor and later re-elected as DC Mayor.
Bun Man just turned to me and said "And this isn't the only time that these politicos have broken the law and still have been elected back to office..."
1/2
A PROBLEM OF SCALE
Ken-Dogger: Fluffer, you okay buddy?
Fluffer: I saw something...it startled me
KD: What was it buddy?
F: Not sure, would you check it out for me?
KD: Okay Fluffer...Look it's a centipede, just movin' along, it won't hurt you
F: Dude, it's a problem of scale, he might look small to you, but those legs...
KD: It's always a problem of scale, wish more peeps would get that.
F: Thanks Dogger...knew you'd give me peace
We're living in an age where peeps think the appropriate strategy to counteract peeps running caution signals on our streets is to jumpstart go signals on those same streets.
COOPERATE TO GET THROUGH
Morning Cooperators,
Ken-Dogger: Hey there Slats, give me five…
Slats: Giving 5, cause I’m alive…
KD: So what are you doing?
S: What’s it look like, I’m training Bro…
KD: How’s it going?
S: It’s a struggle, my peeps don’t want to cooperate.
KD: Well, in OCS, we learned cooperate to graduate…
S: And if my peeps would just cooperate, we’d get through this…
KD: And if my peeps would just cooperate…
TO INFINITY AND BEYOND
Historybook: President John Tyler dies (1862); WWI Paris Peace Conference begins (1919); RIP Rudyard Kipling (1936); Willie O’Ree becomes first Black player in the National Hockey League (1958); Martin Luther King Jr. Day is first observed in all 50 US states (1993).
"We must accept finite disappointment, but never lose infinite hope."
- Rev. Martin Luther King Jr.
Morning Sweetness...
I am just up, with not working now, I am getting more sleep and the mornings can now unfold rather than smacking me in the face and wiping my pearly smile clean offa my visage...
I ain't right!
Retired educator / military officer(Army Colonel) - Current Ops Div Chief (G333), HQDA / married / political progressive / ED.D. and Army War College Grad. 3277