Wednesday, August 2, 2023

8/2/2023 Ridley's Believe It Or Not

 





The Trump indictment is sucking up all the oxygen in the room with other news items going to the end of the line but here is one that should start ringing the warning chimes as Fitch the premier government bond rating service has lower the credit rating of the United States from AAA to AA+ which will mean higher borrowing costs for consumers and the federal government. The lower rate was due to the billions of dollars of new spending authorized by the CHIPS Act and the misnamed Inflation Reduction Act. The Biden Administration immediately pushed back claiming out dated data and in a reflexive action blamed Trump for the downgrade. Pundits like Johnathan Turley, Alan Dershowitz and Andrew McCarthy who contribute to Fox News are claiming the indictment is flawed while noted liberal professor Lawrence Tribe are claiming the indictment represents an ironclad case. Several things are certain, one Trump is going to be severely challenged in trying to campaign and deal with the charges; secondly, Republican candidates other than Pence who took notes of his conversations with Trump and seems to have created a high road for himself claiming he stands with the Constitution are going to have to walk a thin line in how they address the indictments while still adhering to their mantra the DOJ has been weaponized and politicized by Biden; thirdly Smith although he did not charge Trump with “conspiracy for incitement” or “seditious conspiracy” he will put the riot front and center before the jurors to dismiss the free speech arguments raised by the defense. Biden who once piously railed against the pervasive ways of “dark money” has been caught with his hypocrisy pants down as his super PAC Future Forward has some $50 million in “dark money” contributions. The Biden Administration is being slammed for its interpretation of a bipartisan bill by the bill’s cosponsors to ban federal funding to any school that has archery or hunter safety programs. To put a face on the idiocy of “Defund the Police” while cities are in the midst of crime waves, a Doctor Mary Costantino was attacked while walking in Portland with a friend  by a homeless person, knocked unconscious, no police response to her 911 call for 20 minutes and disgusted walked home with a friendThe Trump indictment is sucking up all the oxygen in the room with other news items going to the end of the line but here is one that should start ringing the warning chimes as Fitch the premier government bond rating service has lower the credit rating of the United States from AAA to AA+ which will mean higher borrowing costs for consumers and the federal government. The lower rate was due to the billions of dollars of new spending authorized by the CHIPS Act and the misnamed Inflation Reduction Act. The Biden Administration immediately pushed back claiming out dated data and in a reflexive action blamed Trump for the downgrade. Pundits like Johnathan Turley, Alan Dershowitz and Andrew McCarthy who contribute to Fox News are claiming the indictment is flawed while noted liberal professor Lawrence Tribe are claiming the indictment represents an ironclad case. Several things are certain, one Trump is going to be severely challenged in trying to campaign and deal with the charges; secondly, Republican candidates other than Pence who took notes of his conversations with Trump and seems to have created a high road for himself claiming he stands with the Constitution are going to have to walk a thin line in how they address the indictments while still adhering to their mantra the DOJ has been weaponized and politicized by Biden; thirdly Smith although he did not charge Trump with “conspiracy for incitement” or “seditious conspiracy” he will put the riot front and center before the jurors to dismiss the free speech arguments raised by the defense. Biden who once piously railed against the pervasive ways of “dark money” has been caught with his hypocrisy pants down as his super PAC Future Forward has some $50 million in “dark money” contributions. The Biden Administration is being slammed for its interpretation of a bipartisan bill by the bill’s cosponsors to ban federal funding to any school that has archery or hunter safety programs. To put a face on the idiocy of “Defund the Police” while cities are in the midst of crime waves, a Doctor Mary Costantino was attacked while walking in Portland with a friend  by a homeless person, knocked unconscious, no police response to her 911 call for 20 minutes and disgusted walked home with a friend 

             August 2, 2023 Michael P. Ridley aka The Alaskanpoet 
             Noted Holidays: National CAD Day: Celebrating the positive impact on our lives of computer aided design to create new and useful products to make our lives more enjoyable thanks to the pioneering efforts of Patrick J. Hanratty, known as the Father of CAD/CAM.
             Word of the Day: the word of the day is “aristology” which means the art and science of cooking and dining which diners miss in fast food restaurants but enjoy in Michelin 5 Star Restaurants.
              Song of the Day:  The number 1 song on this day in 19445 was “I’ll Be Seeing You” by Bing Crosby with John Scott Trotter and His Orchestra  on a run of 4 weeks to share with 11 other songs achieving number 1 ranking. Here is a recording of Bing Crosby with John Scott Trotter and His Orchestra performing  “I’ll Be Seeing You”: https://archive.org/details/bing-crosby-ill-be-seeing-you
              August 2 Birthdays: “Tingus Pingus”: Kristaps Porziņģis, noted 7 foot 3 inch professional basketball player who now will be playing for the Boston Celtics was born on this day in 1995 in Liepāja, Latvia. He will be a welcome addition to a team that in the NBA finals was down 3-0 to the Miami Heat to avoid elimination in Game 6 with a few tenths of a second left tip in only to be wiped out in Game 7. He will not be able to wear his number 6 as that number was Bill Russel’s number which has  been retired.
              August 2, Historical Events In Rhyme
              1.     On this day in 1990 Sadam Hussein thought Kuwait and its oil would be low hanging fruit/Across the border into Kuwait he sent his tanks and well-armed boots/ Then made a major mistake moving his tanks to Saudi border like an invasion en route/The Saudis and the world saw the satellite photos indicating an invasion no one could dispute/ Bush said to Hussein back out of Kuwait you must go or by force we will evict/ Hussein thought no way the Great Satan in the Arab World could pull off such trick/ A coalition of many nations including Arabs answered the UN’s call to all hands on deck/ While Hussein touted the Mother of All Battles would any response by coalition forces wreck/ After weeks of bombing and killing Iraqi troops and destroying tanks Desert Shield became Desert Storm/Deadly shock and awe especially on the Highway of Death became the norm/ 100 hours and the Iraqis surrendered en masse/ But Hussein did not learn his lesson and on the end of a rope on December 30, 2006 breathed his last.
              2.     On this night in the Solomon Islands in 1943/ the Japanese destroyer Amagirii  rammed PT 109 captained by Lt. John F. Kennedy/ As the boat began to sink/The survivors swam several miles to misnamed Plum Pudding Island as it had little to eat or drink/Writing a message on a coconut husk to a native he gave/ A soon thereafter our future president was saved.
              3.     On this day in 1939 Albert Einstein and Leo Szilard 2 Jewish refugees/Who seeing the writing on the wall by Mein Kampf  fled the Nazis/ Wrote to FDR it was possible to an atomic bomb design/ With massive destructive that could not be confined/Led to the Manhattan Project and the destruction of Hiroshima and Nagasaki/Portrayed in the movie Oppenheimer now in the theaters for all to see.
             4.      On this day in 1873 the Clay Street Hill Railroad began operating its first cable car/ A transportation system causing tourists to come to ride from near and afar/Sadly the charm of the City by the Bay/ Is being erased by the feces/urine/drug use and homeless on display.
            5.      On this day in 1776 our founding fathers yanked on the English Lion’s tail/Signing the Declaration of Independence knowing hanging awaited them if the effort failed/Not only declaring independence but telling George III the reasons why/To for the soldiers who would bear the long struggle their sacrifice justify.
            Famous Quote on the Invasion of Kuwait by P.J. O’Rourke, noted political satirist and journalist:  “Iraq's invasion of Kuwait is a case of bad men doing wrong things for wicked reasons. This is the full-sized or standard purebred evil and is easily recognized even by moral neophytes. Other malignities-drugs in America, famine in Africa and everything in the Middle East-are more complex. When combating those evils people sometimes have trouble deciding whom to shoot.”
© August 2, 2023 Michael P. Ridley aka The Alaskanpoet
www.alaskanpoet.blogspot.com
Poems on Events of the Day
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