Links: Seditious lunacy, progressive economic policies and virtual travel

Links: Seditious lunacy, progressive economic policies and virtual travel 

Members going along with this idiocy probably took Russian tainted Trump Super PAC funds. Always follow the money,

Debt forgiveness is transactional for Warren. Her supporters want it, it is incumbent on her to honor her debts. Also, it is something that can be done unilaterally. It takes no appropriation to forgive a debt held by the government. It would take one to refund capitalized interest paid back already. The approach I would take to debt forgiveness is to simply forgive all capitalized interest still outstanding and apply all payments to date to the original loan. 

Getting these loans obligations off of the backs of the middle class and the poor who never finished school is an exteme injection into income - in some cases hundreds of dollars a month. It also frees up many families to finally save a down payment and qualify to make the monthly payment for a mortgage.

National minimum wages will be instituted if enough states start poaching labor from other states - which is a distinct possibility. Remember that the value of a minimum wage is that because everyone pays, no individual employer can take advantage of lower wages to charge lower prices than competitors. For some reason, paying people poorly is a conservative value. Their view is that lower pay spurs advancement in one's career. Idiocy.

The Federal Reserve, with the assistance of cabinet officers Mnuchin and Ross, has rewarded landlords like them (and other creditors) with sweetheart credit which has not been passed on to borrowers. Debt forgiveness could be done at the stroke of a pen by the Fed (like student loan debt).

Nothing is preventing anyone else from duplicating Amazon's success. Indeed, an employee-owned delivery firm could put them out of business - or drive them into the same kind of ownership. The Marxist dream was to vote in socialism. Social democracy is all that has been garnered so far. Until employee-owned firms learn to offer better toys, they are no danger to capitalism. 

Bravo to the AFM for trying to shame the Met. It won't do much good, however, as the Met is funded by people who have done well in the market this year. I am sure Bezos also wrote a check.

Hundreds of thousands will die, if not millions, before Rome will open again. Until then, might I suggest the Smithsonian Channel, which is part of the CBS Online package. I have been binge watching. Lots of travel adventures - including to volcanoes.