ON INFLATION

September 1, 2022

September 1, 2022

Inflation! You have been hearing a lot about it since President Biden took office. Here is my take on this controversial issue.

Let’s start with what Webster has to say on inflation: “increase in the amount of money in circulation, resulting in a relatively sharp and sudden fall in its value and rise in prices.” The opposite is deflation, which is defined as “a lessening of the amount of money in circulation resulting in a relatively sharp and sudden rise in its value and fall in prices.” Thus, inflation and deflation are terms used to describe a decline or an increase, respectively, in the value of money and in relation to the goods and services it will buy.

Since inflation is the continuous rise in prices in goods and services, these price increases erode the purchasing power of money and other financial assets with fixed values, creating serious economic concerns. Repeated price increases were historically unique and often directly linked to wars, poor harvests, political upheavals, etc.

Effects? Inflation initially increases  business profits, as wages and other costs lag behind price increases, leading to more capital investment and payments of dividends and interest. Despite this temporary gain, however, inflation eventually disrupts normal economic activities, particularly if the pace fluctuates. Interest rates typically include the anticipated pace of inflation that increases business costs, discourages consumer spending, and depresses the value of stocks and bonds Higher mortgage interest rates and rapidly escalating prices for homes discourage housing construction. As noted above, inflation also erodes the real purchasing power of current incomes and accumulated financial assets, resulting in reduced consumption, particularly if consumers are unwilling to draw on their savings and increase personal debts. Business investment suffers as overall economic activity declines, and profits are restricted as employees will demand immediate relief through some form of automatic cost-of-living escalator clauses. It is fair to say that inflation is a major element in the prevailing pattern of booms and recessions that cause unwanted price and employment distortions and widespread economic uncertainty.

Impact? The impact of inflation on individuals depends on many variables. People with relatively fixed incomes, particularly those in the low-income groups, suffer during accelerating inflation, while those with flexible bargaining power may keep pace with or even benefit from inflation. Those dependent on assets with fixed nominal values, such as savings accounts and pensions, suffer erosion of real wealth. Borrowers usually benefit while lenders suffer, because all forms of loans are paid with money that loses purchasing power over time and interest rates tend to lag behind the average rate of price increases.

Stabilization measures? I have no answer since I am not an economist. However, it seems to me that any serious anti-inflation effort will be difficult.

I close with these thoughts:

  1. Politicians like to spend money because it gets them votes and power. They spend more than what is raised by taxes so they have to seek money elsewhere. They turn to printing money and / or borrowing money. Money is borrowed from government trust funds such as Social Security and Medicare and from the open market via Treasury Bonds. This assumes that the government can always borrow money without consequences. It also assumes that interest payments can also be borrowed. Elected officials know they must be right because this scheme has worked out pretty well since 1964 with the start of the Great Society and the War on Poverty. But now,  it appears that a day of reckoning may be fast approaching.
  2. The question of money always arises in inflation discussions. A nation can only create money of value when there are businesses creating useful goods at a profit. With these conditions, it is then a function of government to print money to facilitate commerce. As businesses prosper and trade increases, then governments, of necessity, print more money, However, if government prints money faster than the increase in business activity, then excess money will begin to chase the supply of goods available and prices will rise. Enter inflation.
  3. Our nation is blessed with an economic system which is very productive and efficient. It is able to take materials of low cost and make them into very valuable products. (The productivity of workers today is orders of magnitude higher than in those days of handcrafting.) As a result, workers are paid salaries that allow them to save money. These savings are a result of goods that have been made. If businesses borrow savings, it is usually to create more production and more money of value, and that is good. However, government spending rarely creates useful goods at a profit which would result in new money creation. In fact, the opposite happens. Most government spending destroys the value of money since government spending can result in the earlier statement of too much money chasing after a limited supply of goods. Once again, enter inflation.
  4. Treasury debt now exceeds 30 billion dollars and is still rising rapidly. Ouch!!

Note: Thanks are due to fellow Cooperite, colleague and friend Dick Graven for providing some of his thoughts on this controversial topic.

NEXT POSTINGS

OCTOBER 1:             On Water

NOVEMBER 1:         The OHI Day V

DECEMBER 1:          On My Two Patents

 


ON ONE LINERS: BIDEN’S ADMINISTRATION

March 1, 2022

March 1, 2022

It’s been over a year since an article of a political nature. Here are 30 one (or occasionally two) liners drawn from my Biden file. For some of you: please don’t get upset – these are only my opinions.

A comment on history repeating itself before providing my notes. In 1939, it was Hitler and Chamberlain on Poland with Churchill waiting in the wings. Today, its Putin and Biden on Ukraine with Trump waiting in the wings. Perhaps Putin and Biden should hold hands and visit WWII cemeteries in Europe.

  1. Two impeachments and now a senate trial on the events of January 6, 2021; these have proven to be nothing but bad theater in a useless attempt once again to defame and insult President Trump.
  2. Polls clearly indicate that Biden continues to reject the desires of the voters and has failed miserably on near all of his actions.
  3. Our Constitution might be somewhat flawed but it is still the most ideal way to govern a complex entity such as our country.
  4. The democratic party is infested with career bureaucrats who are cunning and corrupt lawyers / politicians.
  5. The current immigration policy of the democrats will get them voters, which will get them the desired vote, which will get them money and power. In the meantime, they are violating federal law, endangering lives (health and crime), and negatively impacting our economy.
  6. Trump has many faults, but he is devoted to our nation and to its defense; his original mission remains unfulfilled.
  7. The enemy continues to rant about Trump’s lies. I’ve listened to all his speeches and am still trying to figure out what the lies are.
  8. Trump delivered on virtually all his promises prior to his election – particularly providing 3 vaccines and 2 antibodies. And, what about historic peace in the Middle East, Korea, China, etc.
  9. I am really mad at our elected officials. Why aren’t they demanding Biden sever all relations with Russia and move back to Trump’s state of energy independence? Don’t they understand that there is a war and people are dying?!
  10. Here is what we are currently experiencing under the Biden Administration: shootings, murders, vandalism, riots, silencing opposition, defunding police, open borders, pacifying our enemies, inflation, etc. Add to these attempts to abolish the Electoral College, pack the Supreme Court, attempting statehood for Puerto Rico and Washington, D.C., terminate the filibuster, etc.; perhaps ever worse is their current education policy of defaming our country and also really dividing our country. How about the recent Durham revelations that Trump was indeed spied on.
  11. Obama has blood on his hands with what transpired with ISIS. Now Biden has blood on his hands because of Ukraine.
  12. Biden and his administration claim that government spending does not cost the taxpayer. Is it creative mathematics or a complete fraud?
  13. The fact that 38% of the electorate think that Biden is doing a good job is a tribute to how dumb, indifferent, and misinformed they are.
  14. Biden has unquestionably emboldened our enemies: Taiwan and Ukraine are prime examples.
  15. What the hell is Biden doing? Surrendered Afghanistan, failed our citizens and allies remaining there, and left military equipment for our enemies (that could now be used in the Ukraine). Can anyone be that dumb?
  16. Biden appears more concerned on attacking individuals such as your favorite author than in protecting us from our enemies; I’m also tired of him, his cohorts, and the news media calling me a racist, un-American, a Nazi, a hater, etc.
  17. FOX News, better than anyone, has proven that media bias exists with their videotapes of CNN, CNBC, etc.
  18. The New York Times news reporting is disgusting; just read their headlines every day.
  19. Biden and his family are probably the most corrupt family in American history; the recent news about Pelosi puts her in second place. Virtually every elected official in Washington becomes a multi-millionaire; thank you Donald for opening my eyes to this fact.
  20. Biden’s entire cabinet is made up of career bureaucrats; none have ever worked for a living. And, no surprise, there are no republicans. How’s this for his promise to put forth a competent and diverse cabinet.
  21. Pelosi labeled Biden as “just perfect.” Really?? Wow!! She obviously is lying and she must know it.
  22. Biden called Trump’s COVID testing a travesty, then promised free testing without an ability to provide testing. Another failure.
  23. Perhaps we should pray for Biden because next comes Harris (what a disaster) and Pelosi (is there a more evil person?).
  24. Any chance Pelosi will provide her tax returns given what was recently made public? And what about Hunter Biden’s returns?
  25. The corrupt media is the greatest concern. Many citizens are either misinformed or not informed. Prior to Biden’s election, 30% of democratic voters did not know of Hunter’s activities and 25% of those said they would not have voted for Biden if they knew.
  26. Our nation definitely needs Trump. Hopefully, he will pick a woman for a running mate to pick up some of his haters (perhaps it would be best if he didn’t run with the raw hatred some have for him).
  27. This COVID-19 pandemic came about primarily because of the incompetence and inaction of both the CDC and WHO. Fauci the Fraud, who heads up the CDC’s 50-billion-dollar program, has caused the death of many Americans.
  28. Trump was transparent from the day he entered the race, always responding to a hostile media… and, on a daily basis. Biden? He’s been AWOL since Day 1 and refuses to answer questions.
  29. Regarding January 6, nearly 1,000 were arrested but only a handful were guilty of wrong doing. This demonstration was peaceful compared to some earlier fanatical democratic demonstrations.
  30. Finally, and thankfully, it appears most (but not all) of our elected Republicans have united.

I really believe that Trump looked after those – such as your author – who have no voice. But we may still survive. When will I return with another one of these? Who knows?

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NEXT POSTINGS

APRIL 1:        On the Ultimate Quiz VI (replacing Hofstra’s season)

MAY 1:          On the EWSD School Tax Vote

JUNE 1:          On ZZZabuu VI

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Here are this month’s three defensive suggestions from the upcoming second edition of my “BASKETBALL COACHING 101” book.

  1. Players should not view defense as a time to rest and relax. Practice time on defense should be as important as time on offense.
  2. If an opposing team’s offense is run by their playmaker, the defense should attempt to prevent him from getting the ball.
  3. Defensive drills should include double and perhaps triple-teaming an offensive player.

ON ZZZABUU IV

March 31, 2021

April 1, 2021

Zzzabuu is his name. He arrived earlier in 2003 from the planet Zzokki in a faraway galaxy, having been dispatched to Earth on a fact-finding trip involving politicians. Zzzabuu had been selected once again by The Superiors in 2021 because of his great intellect, analytical mind, and his love of gambling.

On reaching Earth, Zzzabuu set out immediately to accomplish his specific assignment: to determine details (both pros and cons) of gambling investment opportunities on Plant Earth. As per instructions from the Superiors, Zzzabuu met with an outspoken chemical engineering professor (who shall remain nameless); he had earlier published a book titled, “Probability and Statistics for Environmental Engineers and Scientists”. Part of the material in the well-received text addressed games of chance, including dice, cards, football pools, Lotto, etc. The professor proved an invaluable source of information despite being dubbed “The Chemist” by his friends and colleagues because of an uncanny ability to turn their money entrusted to him into horse manure.

Several weeks of intensive study followed. After obtaining all the facts, Zzzabuu prepared his report in a manner that any Zzokkian could relate to and understand. The executive summary in his z-mail to The Superiors follows.

“The financial alternatives of any game of chance can often be measured by the cost of the game / investment. This cost effectively represents what the gambling industry charges the investor for the opportunity to gamble. For example, a 5% cost figure could represent the “takeout”, that is, a measure of what percentage – on average – of the investment that the gambler automatically pays for this opportunity. Alternatively, it could represent what percent – on average – one would expect to lose with a particular game of chance. This information follows for a host of gambling options.

            Lotto                           50%

            Pari-mutuel Racing* 16%

            Real Estate Industry* 5%

            Sports Wagering*       5%

            Roulette                      3.5%

            Slots                            1-5%

            Dice                            0.5%

            Blackjack (“21”)*      0.1%

            Securities Industry*   0%

Each Zzokkian should note that the five activities with asterisks are not truly games of chance since each individual can control his / her own destiny, i.e., chance of winning, by intelligent gaming decisions. For example, with thoroughbred pari-mutuel wagering, the ability to select winning horses could negate the 16% takeout and result in a profit. The same applies with investing in securities via the Internet where the only cost could be as low as $6 for a multi-million dollar investment.

Most of the inhabitants on Planet Earth, including the nefarious professor, delve into most – if not all – of the above games of chance. Obviously, Lotto is a game for those individuals whose IQ is in the 2-digit range and in need of a grade school refresher course in arithmetic. The game of blackjack offers some interesting possibilities since one may employ a “counting” technique that actually could convert the odds to slightly favor the gambler. Finally, the real estate and securities industries have a track record that, on average, have produced significant profitable returns over the years to investors.

The Superiors need to realize that the aforementioned term probability must be an integral part of any gambling study or analysis. Webster defines probability as ‘the number of times something will probably occur over the range of possible occurrences, expressed as a ratio.’ For me, probability can be interpreted subjectively as a measure of degree of belief, on a fractional scale from 0 to 1 or 0 to 100 on a percent basis, that an “event” occurs. This interpretation is frequently used in ordinary conversation. For example, if someone says, “The probability that I will go to the movies tonight is 90%”, then 90% is a measure of the person’s belief that he or she will get to the movies. This interpretation is also used when, in the absence of concrete data needed to estimate an unknown probability on a basis of observed concrete data, information and / or facts, the personal opinion of an expert is sought. For example, an expert might be asked to estimate the probability that a stock will double in the next six months; the estimate would be based on the expert’s familiarity with the stock market.

The Superiors and / or Earthlings may obtain additional details on all of the above games of chance at no charge by calling (516) 742-8939.”

In order to accommodate some of my readers, future articles – Zzzabuu V, VI, VII, and VIII – addressing pari-mutuel wagering, stock market investing, casino gambling, and sport book betting, respectively – will provide specific details on each of these four topics. I will provide not only pertinent odds but also helpful hints in these write-ups. And yes, I am significantly involved in all four pursuits.

Visit the author at:

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or

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NEXT POSTINGS

MAY 1:           On Hofstra’s 2020-21 Basketball Season / EWSD Budget Vote

JUNE 1:          On Great Eats VI

JULY 1:          On Technical Writing

AUGUST 1:    Zzzabuu V

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Here are this month’s three defensive suggestions from the upcoming second edition of my “BASKETBALL COACHING 101” book.

  1. If trailing with more than a minute to go, attempt (perhaps via a timeout) to prevent any delays in inbounding the ball by your opponents.
  2. Practice various defenses when your opponents are in-bounding the ball from various locations on the court.
  3. Finally, never forget that defense is 50% of the game. Coaches, are you reading this? Players, are you reading this? DEFENSE IS AS IMPORTANT AS OFFENSE. You can never lose a game if your five starters have the capabilities of shutting down their opponent. However, you can lose a game even if your 5 starters have the capability of scoring at will.

ON THE THEODORE COVID-19 VACCINE DISTRIBUTION PLAN

February 28, 2021

March 1, 2021

The distribution process for the COVID-19 vaccine is obviously significantly flawed. Who is at fault? It depends on who you talk to but it really doesn’t matter. For sure, there has to be a better way of handling this situation. Here are my comments followed by my vaccine distribution approach.

Three questions first need to be addressed before proceeding.

  1. How should the number and timing of vaccines be maximized?
  2. Who should decide who gets the vaccine and when?
  3. How should the vaccines for the recipients be distributed?

The answer to question (1) is simply this: the federal government should subsidize the creation / discovery and preparation of the vaccine supplies with generous bonuses for timely deliveries. This apparently did occur. Anyone or any group – other than the CDC or WHO – should determine the answer to questions (2). Why not me, even though there must be a host of others who could better provide an answer. Obviously (3) is the key question. Both questions (2) and (3) should be dynamic and vary with individual states, counties, locales, etc. In any event, here is what I propose.

The prioritization (high priority to low priority) is presented in terms of 6 categories. Categories include:

  1. Healthcare workers
  2. Infrastructure personnel (police, firefighters, etc.)
  3. Senior citizens
  4. High risk groups
  5. Children
  6. Others not included in A-D

My prioritization follows. Note that there are 20 groups.

A1.   Employed healthcare workers

B1.   Policemen and firefighters

C1.   Citizens 90 and over

D1.   Citizens with cancer, lung, liver, or heart disease

C2.   Citizens 85-90

A2.   Unemployed healthcare workers

C3    Citizens 75-85

D2.   Citizens with flu or pneumonia

C4.   Employed citizens 60-75

D3    Citizens with any past lung, liver, or heart disease

C5.   Parents with 3 or more children

D2.   Other employed infrastructure personnel

D3.   Other unemployed infrastructure personnel

E1.    Children under 1

C6.   Employed citizens 18-60

C7.   Unemployed citizens 18-60

E2.    Children 1-18

F1.    Used car salesmen, realtors, and dentists

F2.    Lawyers, elected officials, and government personnel

F3.    School teachers, college professors, and veterinarians

I believe the first four groups (A1-D1) in any order – should receive the vaccine first. The last three groups should receive the least consideration.

The assignment of any of the priorities above is not based on any solid scientific or medical data and information. It is simply a gut feeling drawn from my limited experience. As is the case with this sort of judgement, this prioritization will vary with both the individual and time. But for me, the key would be to have as little impact as possible from the government and bureaucrats.

Visit the author at:

www.theodorenewsletter.com

or

Basketball Coaching 101 (Facebook)

NEXT POSTINGS:

APRIL 1:                     On Hofstra’s 2020-21 Basketball Season

MAY 1:                       On Great Eats VI

JUNE 1:                      On Technical Writing

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Here are this month’s three offensive suggestions from the upcoming second edition of my “BASKETBALL COACHING 101” book.

  1. Practice inbounding the ball at various locations on the court when the opposing team is pressing.
  2. The player nearest to the ball should take it out immediately after a basket or foul shot and pass it to the first open man.
  3. Do not leave the foul line after the first of two (or three) free throws, and do not slap / shake the hand of a fellow teammate.

THE ULTIMATE QUIZ IV

February 1, 2021

February 1, 2021

As indicated in III, this has become one of my favorites. But, this one is a little different. It is solely political in nature and each statement to follow requires either a true or false answer. And, there is no correct answer … it is basically your call. The 40 comments to follow concern events/ actions that occurred during the 2016-2020 time period. You are asked to provide a true or false response.

I personally will not take a position on the results/grade of your true – false test. But, based on your number of true answers, I feel that you would be classified in one of the five categories:

  1. 0-8:     a staunch liberal
  2. 9-16:   a liberal
  3. 17-24: a moderate
  4. 25-32: a conservative
  5. 33-40: a staunch conservative
  1. The stock market increased at a near exponential rate, no doubt due to a turnaround robust economy, commitments to job creation, and a decline in poverty levels.
  2. Our nation is now classified as energy independent (remember the price of gasoline is now $2.00/gal)
  3. Contrary to earlier predictions, there was a return of manufacturing jobs.
  4. Black colleges and universities received an unprecedented increase in financial aid from the Federal government.
  5. The U.S. military prowess increased dramatically.
  6. The air, water, and land (soil) was never cleaner.
  7. Despite a departure from the Paris Peace Accord, CO2 emissions decreased below expectations.
  8. NAFTA was dissolved and replaced.
  9. New rules were put in place to stop the exploitation by China.
  10. Built nearly all the Southern wall and stopped illegal immigration across the Southern border.
  11. The majority of the public came to realize that the media was corrupt, self-serving, and un-American.
  12. The Washington establishment – consisting primarily of career bureaucrats, often referred to as “The Swamp” – was corrupt, self-serving, and un-American.
  13. Stopped the ISIS killing and torture.
  14. Several elements of the Obama Health Care Act were eliminated.
  15. Reduced the North Korean threat.
  16. For many citizens, there was a return of pride and love of country.
  17. Contrary to earlier predictions, our presence in foreign wars was significantly reduced.
  18. Abuses in veterans’ hospitals were significantly reduced.
  19. The COVID-19 pandemic was responsibly addressed medically and economically.
  20. Delivered ventilators and hospital beds immediately to an ill-prepared NYS.
  21. Delivered the COVID-19 vaccine in 7 ½ months, not 5-10 years (as predicted).
  22. Taxes were lowered for the middle class.
  23. The President was impeached based on a telephone conversation with a third-world country that was interpreted in a questionable manner.
  24. Unemployment levels for Blacks reached an all-time low.
  25. The Food Stamp Program was significantly reduced.
  26. Per capita wealth increased at a near exponential rate.
  27. Property values increased at a near exponential rate.
  28. Many companies, after moving abroad earlier, returned home.
  29. The MS-13 presence in our country was reduced.
  30. Eliminated the presence of ISIS in the Middle East.
  31. Our soldiers are now coming home.
  32. The Iranian threat was significantly reduced.
  33. Contrary to earlier concerns, no nuclear wars were initiated.
  34. The US was the first country to stop to and fro travel with China.
  35. Unemployment levels for Hispanics reached an all-time low.
  36. Unemployment levels for Asians reached an all-time low.
  37. Unemployment levels for women reached an all-time low.
  38. Contrary to failed promises from a host of past presidents, the US Embassy in Israel was relocated to Jerusalem.
  39. The economy and newly created jobs grew at an unprecedented and exponential rate.
  40. Contrary to the prediction of nearly all the bureaucrats, peace treaties were signed between Israel and several Arab nations.

How many true answers did you come up with? Where do you think Trump would be classified? Biden? Pelosi? Cuomo? Pence?

Note: For some of my fans, I recently co-authored an Amazon book ($7.99) titled “Virus Contacts”. The lead author is Ann Marie Flynn.

Visit the author at:

www.theodorenewsletter.com

or

Basketball Coaching 101 (Facebook)

NEXT POSTINGS:

MARCH 1:                 On Technical Writing

APRIL 1:                     On Great Eats VI

MAY 1:                       On Hofstra’s 2020-21 Basketball Season

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Here are this month’s three defensive suggestions from the upcoming second edition of my “BASKETBALL COACHING 101” book.

  1. Every shot, particularly of an “outside” variety, should be contested — unless you are the size (5’ 6”) of the author.
  2. Every attempt should be made to exploit your team’s defensive capabilities against the opponent’s offensive weaknesses.
  3. If fouls committed by your team are low relative to your opponent, substitute for your star or key players – assuming they need a breather anyway – since the officials are more prone to call “touch” fouls on your team.

ON PURELY CHASTE, PRISTINE, AND RANDOM THOUGHTS XXX

January 1, 2021

January 1, 2021

Here we go again, but, given the present political climate, this one is strictly devoted to political thoughts. I hope you find the nearly 2 dozen comments interesting.

  • It’s bad enough the media chose not to initially cover the “Hunter” fiasco, but they still have essentially chosen to ignore it.
  • The fanatic liberals now claim there is an “assault on democracy” by the Republicans. How would one describe their conduct during the last 4 ½ years?
  • Pelosi and her fanatics impeached Trump based solely on an inert call to a fifth-world country. Will they also now attempt to impeach Biden for his thieving, lying, and traitor-type conduct?
  • Trump unquestionably made the best decisions on the pandemic given the knowledge and resources available from the CDC (ugh!) and WHO (ugh!). As a successful businessman, he foresaw what was going to happen and took appropriate action.
  • The liberal fanatics claimed it would take at least 5 years to develop a COVID-19 vaccine. Trump claimed we would have it before the end of year. Who was right?
  • There was no coordinated response from the CDC on nursing homes, the epicenters of death, until Trump took action.
  • The electorate obviously has little to no knowledge of social, economic, and scientific matters.
  • Since 1986, all elected officials have avoided taking action on the immigration crisis and border security. Trump is the only one who fought for the safety and security of the American people.
  • The Democratic Party’s agenda is perfectly clear: destroy Trump…not to serve the electorate.
  • Since Day 1, Trump has been betrayed by Washington insiders, the Democratic Party, and the Republican Party.
  • Liberals appear hell-bent on frustrating and embarrassing Trump, no matter what the cost to our nation. They claim he is a traitor. Based on his track record on peace and economics, I claim he should be President of the world.
  • Mueller will go down in history as a biased incompetent Special Council who, during his witch hunt, believed in two codes of justice while applying Gestapo tactics.
  • Mueller and his henchmen have for obvious reasons, refused to investigate and indict those, e.g., Comey, Clinton, etc., who have repeatedly committed criminal offenses.
  • I could be wrong but I believe that Pelosi is an evil person with mental problems.
  • Schumer strikes me as a conniving and untrustworthy individual.
  • I have three new acronyms: FTF – Fauci The Fraud, BCF – Biden Crime Family, and CTD – Cuomo The Dimwit.
  • I can’t think of anyone more stupid than Joe Biden, although Nancy Pelosi and Maxine Waters are close seconds.
  • The aggressive, belligerent behavior of many of the fanatical liberals regarding three recently Supreme Court appointees, Republican elected officials, Trump fans, Catholic school kids, etc., has been approved by both the corrupt fake-news media and Democrats.
  • The ten Democratic senators who questioned Kavanagh, accusing him of rape-related activities, should have been removed from office and jailed. Their concerted effort to destroy this man was unforgiveable.
  • Democracy cannot exist with a biased media. We are about to approach this state.
  • I’m accused of being a racist and un-American because I have no sympathy for those individuals planning to illegally overrun our borders. Is it old age, or am I missing something?
  • I still believe most Americans believe in supporting hard working individuals, not illegal immigrants.
  • I’m one to give credit where credit is due. Contrary to Republican claims, Cuomo definitely deserves an Emmy for absolving himself of the nursing home fiasco that resulted in the death of 40,000 seniors. Remember that it was Cuomo who issued a directive on March 25th that “no resident should be denied readmission to a nursing home if they test positive for the coronavirus.” What a slimy egomaniac.

Visit the author at:

www.theodorenewsletter.com

or

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NEXT POSTINGS:

FEBRUARY 1:           On Technical Writing

MARCH 1:                 On Great Eats VI

APRIL 1:                     On the EWSD Budget Vote

MARCH 1:                 On Hofstra’s 2020-21 Basketball Season

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Here are this month’s three defensive suggestions from the upcoming second edition of my “BASKETBALL COACHING 101” book.

  1. Until one learns otherwise, one should assume the offensive player dribbles with the right hand.
  2. Until one learns otherwise, one should assume the offensive player shoots with his right hand.
  3. Until one learns otherwise, one should assume the offensive player drives to the right.


On a Baker’s Dozen

November 1, 2020

November 1, 2020

  1. Trump or Biden? That’s the question that needs to be answered this election. I won’t pussyfoot around, so here’s the answer. It simply must be Trump and it definitely should not be Biden. Justification? Here it is.
  2. The liberal democrats attempted to remove President Trump from office. This was – plain and simple – a coup, and a coup is a treasonous act that is punishable to death. It’s now clear that Obama, Biden, Comez, Brennan, Etc., were all involved in this disgraceful act.
  3. The liberal democrats plan to “pack the Supreme Court, an act that would essentially eliminate the balance of power between the President, Congress and the Supreme Court. FDR tried nearly a century ago and even his own supporters rejected it.
  4. Black Lives Matter (and ANTIFA). Their acts of burning and looting is indefensible. Black lives do in fact matter, but not the organization. Threatening, brutalizing, and murdering innocent citizens must stop. Ditto with the police. These people have taken to the streets – destroying homes and business, violating curfews, desecrating statues and monuments, etc. There is only one person who has condemned this from the street. The dishonest BLM needs to be destroyed.
  5. The lies, manipulation, and deceit. Lying, manipulation, deceiving has become a way of life for the liberal democrats, and this particularly applies to Obama, Biden, and the Hill.
  6. The conduct of the news media is sickening. I’m not an English or Journalism major, but one only needs to read the headlines in The New York Times to appreciate how these individuals have sold their soul. The words professionalism, integrity, and ethics, are simply no longer in their vocabulary.
  7. The conduct of almost all sports figures, entertainers, and educations is now a spectacle. Sports and entertainment concreate hope and provide opportunities to minorities. Today, it is being used to develop racial barriers. For what it is worth, I no longer watch either the NFL or the NBA.
  8. During the 2016 Republican nomination process, I initially ranked Trump last amongst the 17 (I loved Dr. Ben Carson – having read his autobiography). But as time went on, and the more I heard of Trump’s analysis of the “swamp” and his promises to attempt to reform a broken bureaucratic system, the more impressed I become. I voted for him in 2016 with some trepidation. He honored his promise to the American people these past four years—something that rarely occurs these days–and my concerns are gone.
  9. The stock market has gone through the roof thanks to President Trump’s actions and policies. Even though I am essentially not in the market, the market’s rise has been good for both the rich and poor. Most agree that the market will nosedive and our economy will be left with another 1929-type of depression if Biden is elected.
  10. President Trump will continue to do everything in his power to stop illegal immigration, enforce border control, and deport those illegals who deserve to be deported. You can be certain that Biden’s “free everything for the illegals” will not occur.
  11. When the President got into office, his opponents claimed that he was a war monger, would escalate our involvement in foreign wars with more Americans dying and probably start a nuclear war. Well? What happened? He destroyed ISIS, is talking to both North Korea and China, effectively isolated Iran, and has brought back most of our soldiers.
  12. Mayor Giuliani described Joe Biden as a “crook.” After 47 years of bureaucratic service in government, he and many members of his family are multi-millionaires. But, then again, nearly all bureaucrats serving the government (liberals and conservatives alike) are millionaires. Just look at the Hill and Obama. Joe’s son Biden is simply the icing on the cake.
  13. Someone needs to stop the conduct of these fanatics. They have a hatred for President Trump that is both shocking and unjustifiable. Look at the conduct of Pelosi, Schumer, Schiff, etc. It has gotten so bad that it is almost impossible to carry on a civil discussion with liberals. I can’t remember how many times they’ve shut me up with “I don’t want to discuss it.”
  14. How in the world can anyone vote for a racist (the tapes are the proof) babbling idiot like Biden. He was a moron from Day 1 and failed third rate attorneys like Harris who will inherit the throne soon after the election. Did you watch the Harris-Pence debate? Did this talentless, smirking woman look presidential? Can you see her in negotiations with our enemies? We would become the laughing stock of the world. This is a pair that could probably be defined as a disaster in the making. Shame on anyone who votes for these two…you’d be getting what you deserve.

No discussion on the election would be complete without reference to COVID-19. Here’s what happened. China caused and should never be forgiven for what ensued. The incompetent WHO, an absolutely useless organization, was MIA from Day 1; they don’t deserve any financial support from any nation. The equally incompetent CDC, whose stated mission is to “protect” us, did just the opposite. But, then again, the CDC is manned by career bureaucrats, e.g., Dr. Fauci, who initially incorrectly claimed the masks didn’t work and China was being open and cooperative. The entire organization should dissolve and be replaced. Thankfully, President Trump kept the damage down to a minimum, contrary to the classes of the Monday morning quarterbacks of the liberal media.

No discussion on the election would also be incomplete without reference to Biden and his family plus the accompanying conduct of the media.  In recent days, we are now rapidly moving close toward a Fascist state with the liberal corrupt media’s attempt to suppress not only the opposition but also the opposition’s views and the corrupt conduct of Biden and his family.  As Jefferson once put it:  “If we are to guard against ignorance and remain free, it is the responsibility of every American to be informed.”  The bottom line is that while bragging is a way of life for The Donald, lying and exploitation has long been a way of life for Biden.

Finally, this election is personal for me. Both my parents, who couldn’t speak English, were teenagers when they emigrated from Greece in 1920. My father’s formal education ended when he was 10 years old. When he was 49 years old, one of his dreams came true when they bought a two-family attached house in Astoria. Prior to that, I was brought up in a slum (Hell’s Kitchen). My success story (am I bragging?) can primarily be attributed to our country, democracy, and capitalism. If Biden-Harris are elected, fewer youngsters will be provided with the opportunities I experienced during my developmental years. I don’t want that to happen. So vote for Trump. He’s my savior and the savior for our great nation.

God Bless America!

Visit the author at:

www.theodorenewsletter.com

or

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NEXT POSTINGS:

DECEMBER 1:           On Great Eats IV—Burgers and Pastrami

JANUARY 1:              On Hofstra Men’s Basketball—The 2020-21 Season?

FEBRUARY  1:          on Purely Chase, Pristine, and Random Thoughts XXX

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Here are this month’s three defensive suggestions from the upcoming second edition of my “BASKETBALL COACHING 101” book.

  1. Offensive teams often have a set or sets of plays at decision time near the end of the game. Defense(s) should be put in place to counter these plays.
  2. Do anything within the team’s capabilities not to play zone and accept the fact that zone defense is a weak replacement for a man-to-man defense.
  3. Defense should be played with intensity; it is NOT a time to relax and/or rest.

ON THE 2020 EAST WILLISTON SCHOOL DISTRICT ISSUES AND THE CORONAVIRUS

May 1, 2020

May 1, 2020

 

May 1 articles are normally devoted solely to the EWSD budget vote. But due to the corona episode, I will only devote one short paragraph to the budget. Because of the crisis we are experiencing, I am also providing my thoughts on the coronavirus and the conduct of a handful of the major players.

 

The budget vote? It’s the same old story. Our district has fallen on hard times, thanks to the earlier self-serving behavior of David Israel and Susan Bergtraum, plus the present school administrators and board. Is there a solution? I doubt it, as the deck is stacked against the students, parents, and seniors; the waste, ridiculous salaries, and indifference to the plight of our seniors are the main culprits. Maybe the Village will finally decide to take action. It’s now obvious, and a fact, that spending money like a drunken sailor on education will not correct the problem. In the meantime, is there any chance this incompetent board will demand the teachers take a pay cut during this period when so many of our community are suffering financially? Sorry, you already know the answer. So do yourself a favor and vote NO on this year’s budget sometime after June 1. Yes, it’s OK to vote NO. Don’t be a glutton for punishment and stop being taken for a fool.

 

On to the Wuhan Chinese coronavirus. There are traitors amongst us. A good number of them are our elected representatives to Congress and the media. These are the individuals who put their own interests above all else. These are the same individuals who shockingly savaged both Kavanagh and Gorsuch plus chose the impeachment path to destroy our President, plus….  .  And now, these same individuals are at it again; this time doing immense damage to our nation.

 

Fortunately , we have a President who has somehow withstood merciless attacks from not only his own party, but also the democrats, the unions, educators, Hollywood, fanatics/liberals, and (worst of all) a totally biased corrupt media. Trump is an executive who surrounded himself with experts, and drawing on their knowledge and experience, reached sound decisions and then delegated authority. It’s exactly what you want out of a CEO and that is why our nation prospered like never before prior to the virus. It is frightening to think what would have happened if Obama, or Biden, or the Hill, or … were in charge: corruption would reign supreme and all businesses and other decisions would be based on politics, not the best interests of our nation. You don’t believe this? Look how the Democrats conducted themselves during the Kavanaugh hearing and the impeachment trial. They belong in jail for the way they behaved.

 

In any event, it is essentially impossible (I mean impossible) for two large groups of individuals (Democrats and Republicans) to vote in a totally polarized manner without one group being corrupt. It is simply impossible from a statistical perspective! And, I leave it to the reader to determine which group is corrupt.

 

My thoughts on some of major individuals and organizations follow. Here are eight (8) 1-liners:

 

Pelosi:  An evil, wicked woman who is mentally deranged and a traitor who commented that Biden “is the best individual who can solve our nation’s problems”.

Biden:  Three years ago I wrote: “Joe Biden is the dumbest individual in Washington” and I repeated these words three times since; you can also add: perhaps the most corrupt. Maybe I’m a little smarter than I look.

Obama:  Lazy and incompetent best describes this guy.

Pence:  Has come up smelling like roses during this virus episode.

New York Times:  All you have to do is read the headlines to realize how corrupt this paper is. This appeared last Sunday: “GOP Planning is to Make China its Scapegoat – A Way to Deflect Virus Blame from Trump”. Truly pitiful.

CNN:   Traitors galore; it is sad to watch their behavior on clips on FOX.

Newsday:  Local paper that has seen better days.

Democrats in Congress:  Almost all traitors. Playing politics with taxpayers’ money when it comes to the virus.

 

A short paragraph on Cuomo. What a loser–worse than his father. Cuomo is presently frantically trying to place the blame elsewhere.  He obviously is thinking about running for President despite his failures to purchase the ventilators recommended by his own committee in 2015. His daily chats, where he lectures us and insults the President, are sickening; it is his attempt to act presidential. But most importantly, he should explain to us why our state’s virus per capita death rate is astronomically higher (yes, astronomically) than in not only our country but also the world. Incompetence led to his mismanagement of the virus crisis. No wonder we lead the nation in numbers leaving our state.  We would not be experiencing a pandemic if New York State and New York City had been so totally unprepared or if New York were not factored in the virus analysis.  Prediction: He will continue to blame Trump for our problems and demand a bailout.

 

I close with my thoughts on elected officials and career bureaucrats. It is important for all Americans to understand that most (not all, but mostly all) government employees have never earned an honest day’s pay and/or had a legitimate job. They are not only adverse to putting in an honest day’s work but also fearful of making decisions. They are the main reason our government has been effectively paralyzed in the past. The arrival of Trump three years ago, who works 16 hours a day and prides himself on making decisions, even difficult ones, has created numerous problems for these freeloaders. As far as the upcoming election goes, we should not underestimate the stupidity of many of the voters — there is still a chance that Trump will be defeated. Ouch!!! A colleague recently commented to me that Trump is a bully. Well , yes! In government and academia you get promoted if incompetent or lazy. With Trump, you get fired! It is now apparent that the only hope for the media and the liberals is to successfully portray Trump as a liability to our nation. They know if they fail they will add Republicans to the Senate and lose the House.  That is why they can’t say anything (and I mean anything) positive about Trump, his appointees, and his supporters.

 

Visit the author at:

www.theodorenewsletter.com

or

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NEXT POSTINGS:

 

JUNE 1:                      On Memorial Day V

JULY 1:                      On Four Issues II: The New York Racing Association (NYRA)

AUGUST 1:                On the Coronavirus

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Here are this month’s three offensive suggestions from the upcoming second edition of my “BASKETBALL COACHING 101” book.

 

  1. If playing on the visiter’s court, check the integrity of the basketball rim before, and if possible, each half.

 

  1. Practice should include big players bringing up the ball; this could prove invaluable against a team with a great defensive guard.

 

  1. If applicable and possible, attempt to have the opponent’s weakest defensive player guarding your best offensive player.

I – On Solving the Greenhouse Gases Problem

January 1, 2020

 

January 1, 2020

 

This article is concerned with the general subject that has come to be defined as global warming / climate change. Well, is it global warming or is it climate change? It depends on who you talk to. What one can say for certain is that many have come to believe that both are related to the so-called greenhouse gases.

 

The greenhouse effect appears to some to be a completely man-made phenomenon in the world today – one that some engineers (not your author) and scientists feel is leading the planet to the brink of disaster.  The term “greenhouse effect” describes two separate but interpendent occurrences: (a) the increase of trace greenhouse gases (carbon dioxide, nitrous oxides, methane, tropospheric ozone, and chlorofluorocarbons) in the earth’s atmosphere, and (b) the absorption and re-emission of long-wave radiation by these gases. In theory, the greenhouse gases act like the glass in a botanical greenhouse, trapping heat and warming the planet. The increased concentration of greenhouse gases (especially carbon dioxide, i.e., CO2) in the atmosphere since the Industrial Revolution is a well-documented fact; however, the predicted effects of this increase are still in debate among the technical community in the environmental field. Current debate centers around questions such as: (a) Have greenhouse gases affected global weather as yet? (b) How high will the temperature rise once the greenhouse gases in the atmosphere reach higher concentrations? (c) How long does it take for changes in greenhouse gas concentrations to affect global climate? However, keep in mind that a half century ago, environmentalists were claiming that the Earth was cooling.

 

Here is my take on the global warming / climate change issue. The entire issue is bogus at this time. The policies of the U.S. Environmental Protection Agency (EPA) are bogus. The changes recommended and advocated by environmentalists are bogus. The present ideologies of environmentalists are bogus. Why bogus? There simply are no hard facts to back up their doomsday predictions. It would therefore be reasonable for one to conclude that any effort to curb CO2 emissions into the atmosphere that involve significant economic changes that can impact man’s social behavior cannot be justified. Any effort to reduce and/or eliminate CO2 emission is thus certain to downgrade the quality of life and lead to an increased state of poverty and world instability; in effect, it would have a dramatic negative impact…and only a minimal effect on global CO2 emissions.

 

Society needs to come to grips with the reality that environmentalists and their supporters are probably the greatest threat to society.  They are a frightening group that is fanatical.  This group will do anything – lie, manipulate, deceive, etc. – to achieve its misguided goals, including to save Mother Earth from itself.

 

Environmentalists justify their conduct by arguing that over 90% of the technical community, based on the flimsiest of hard data that has not been adequately peer reviewed by opposing viewpoints, support their position on global warming. But nearly all of the 90% they refer to have vested interests in the existence of this catastrophic problem facing society.  If there is no problem, most of these so-called experts will be out of a job.  At a minimum, there will be no tenure, no promotions, no articles, no consulting, no books, no government grants and contracts. The environmental organizations who also support this scam will have greater difficulty in generating funding, donations, and government support. And, government bureaucrats will no longer be able to justify to the electorate that they, and they alone, are capable of addressing and solving this contrived problem. Many of my colleagues, authorities in the environmental field, disagree with these environmentalists. Gone are the days when scientists and engineers were beyond reproach.  The reality is that today’s scientist/engineer is as corrupt as the lawyers society has come to detest.

 

You are no doubt aware that lawyers are adept at creating problems while engineers are noted for their ability to solve problems. In days of old, some lectures to my chemical engineering students emphasized how to solve problems. Here is basically what I had to say. First, clearly define the problem. Then apply my 3 Cs concept: Cause, Consequence, and Cost. In effect, what is the cause, what are the consequences, and what will it cost to remedy/eliminate the problem. Here is what we have when this simple concept is applied to global warming and climate change: We really don’t know the cause and we really don’t know the consequences. The solution proposed by the fanatics (they are either dumb or crazy…or both) would bankrupt our economy and probably lead to WWIII; their proposed green agenda is absolutely nuts.

 

Some of my critics claim that I often complain about problems but never offer any solutions. Well, here are seven possible solutions to this potential environmental problem by your favorite author that will have little to no adverse effect on society.

 

  1. Plant 500,000,000 trees. The journal Science (Newsday: 7/5/2019) claimed a trillion trees would do the job in the most efficient manner.
  2. Convert totally from a coal energy economy to one totally based on natural gas. I have previously shown that it would halve (actually 46%) CO2 This partial energy conversion in the U.S. accounts for our achieving the goals of the (ridiculous) 2015 Paris Climate Account.
  3. Convert to a natural gas/oil energy economy. Oil emits approximately 25% less CO2 than coal per unit of energy generated.
  4. Embark on more aggressive domestic and industrial energy conservation programs. This can include converting to electric cars, capping unused wells, controlling CO2 and CH4 (methane) emission from fracking operations, landfills, etc.
  5. Convert to nuclear power. Don’t believe Ralph Nader – the man is clueless. It’s simple, safe, and economically attractive AND there would be no CO2 This is obviously the cheapest and most effective solution.
  6. Halt World Bank funding to China for potential coal-fired power plants since China is no longer (2015) classified as a developing nation.
  7. Any combination of the above.

Any of my solutions would have a dramatic positive impact on our economy with a corresponding reduction on elimination of carbon emissions. My plan would ensure our nation’s energy future without the inevitable loss of jobs. It would replace Obama’s Paris “agreement” – his success story – that allows China to operate nearly an infinite number of coal-fired boilers and India planning to build 23 new coal-fired plants; this was indeed another Obama Administration whopper. Now really, how does the above compare to the green agenda currently being proposed by the liberal progressive Democrats?

 

Bottom line: For the past 4.5 billion years, the Earth’s temperature has varied from year to year, decade to decade, century to century, millennium to millennium, etc., and the changes, at times, were really significant. The same can be said about Earth’s climate. None of these changes were man-made, and only some of these changes have been satisfactorily explained. Yet here we are, not only having survived but also prospered. At the present time, the cause(s) for today’s changes are unknown, the consequences are unknown, and therefore, any attempt to address these phenomena with massive economic expenditures and altering present lifestyles would be insane. Case closed. Next case.

 

Any questions or comments? Bomb away!

Visit the author at:

www.theodorenewsletter.com

or

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NEXT POSTINGS:

 

FEBRUARY 1:           On the Ultimate Quiz II

MARCH 1:                 On Purely Chaste, Pristine, and Random Thoughts XXIX

APRIL 1:                     On the Hofstra 2018-19 Basketball Season

MAY 1:                       On the 2020 East Williston School District Budget Vote

JUNE 1:                      On Memorial Day V

JULY 1:                      On Four Issues II: Climate Change

Here are this month’s three offensive basketball suggestions from the 2nd edition of my “Basketball Coaching 101” book.

 

  1. Every shooter should either follow their shot or get back on defense; he should not just stand there (as with most players today) like a prima donna watching to see if the ball is going to go in. Players were always instructed in earlier times to “follow your shot,” since the shooter, better anyone else on the court, knows where the ball might go.
  2. Whenever possible, shots should be attempted from the head of the key or center position (dead center if possible) of the court, not from the side or end line.
  3. Always fast break – always! One cannot beat taking layups which often results in a fast break.

ON PURELY, CHASTE, PRISTINE AND RANDOM THOUGHTS XXVIII

October 1, 2019

Hard to believe. The 28th! Here’s another 25 thoughts of yours truly.

  • It’s a new football season, but I still maintain that Eli Manning is the most overrated and luckiest individual to play the game of football…ever! The football Giants are toast if they don’t go with another quarterback.
  • Had contact with a recently graduated college basketball player who confirmed that two players on his team were paid. Now get this…he attended a mid-major
  • The Mets failed us once again. I thought nobody could be worse than Terry Collins. I was wrong.
  • I maintain that the bulk of the media continues to peddle lies and distortions.
  • Mets reliever Diaz doesn’t deserve the bad press. I believe he has the highest swinging strike ratio in the league – and that is an excellent measure of how good a pitcher is.
  • Just returned from a 3-day visit to Saratoga Springs. It was my 63rd year in a row. Lost some money but had a great time with the family. Finally had dinner at 15 Church Street; it was a unique experience.
  • Recently met democrat Judy Bosworth, Supervisor of the Town of North Hempstead, and was impressed…so much so that I might vote for her next time around. Ditto with Councilman Pete Zuckerman.
  • It’s World Series time. The Mets are dead but I’m still alive with the Yankees (ugh!) and the Braves.
  • My new book on “Water Management” will be out before the end of the year.
  • Mary still gets mad at me when I ask the maître d’ at an upscale restaurant: “Are franks and beans on the menu?”
  • Winter is just around the corner, and I’m not looking forward to it.
  • Lost Richie Dreyer (St. Francis), one of my players, last month. He brought a toughness that was lacking on my Killeen’s Tavern basketball team. He mellowed in his old age and did some wonderful things for AA.
  • I believe that one of our nation’s biggest problems is that family life has been displaced by government subsidies for far too many people.
  • Travel by any mode is terrible in Manhattan. Ditto Brooklyn.
  • Visited Quebec City in late June to attend the annual Air & Waste Management conference and presented two papers. Loved the Canadians and what a great city.
  • When are baseball pitchers going to wake up and figure out that the key to success is to not walk anyone and batters realize to go the other way when the shift is on?
  • Only got to Lot #6 at Jones Beach twice this year. I still maintain it is the most beautiful beach in the world.
  • The New York Racing Association seems hell-bent on destroying thoroughbred racing at Belmont Park. I paid for a season pass but won’t be going back this year; it simply isn’t an enjoyable day anymore. The level of incompetence of this organization is beyond belief. Hello Nassau OTB. I’ll have more to say about this in January.
  • The level of hatred for de Blasio continues to mount; it is almost as bad as that for Trump.
  • Still involved with developing potable (drinking) water processes via the desalination route, but have recently extended my work to include non-desalination methods. This has really been exciting work.
  • Traveled to Monmouth Racetrack (twice!) with several of my players. We visited my dear friend Steve “The Greek” Panos, the toughest Greek since Alexander the Great.  I am forever indebted to Steve for probably saving my life during a riot at one of our basketball games in 1963.
  • It’s all Greek to me. I still love lamb and pastitsio.
  • Recently attended a Kourtakis (maternal) family reunion in New Jersey, and it was just great. Some of us reminisced about life growing up in New York City.
  • Dear friend and noted sports historian Arthur Lovely keeps hitting the nail on the head with his “every day is a blessing”
  • My new quote to those close to me? “I hope misfortune follows you but never catches up.”

 

Tata!

 

 

Visit the author at:

www.theodorenewsletter.com

or

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NEXT POSTINGS:

 

NOVEMBER 1:          On the OHI Day V

DECEMBER 1:          On Hofstra Men’s Basketball: 2019-20 Season

JANUARY 1:              On Four Key Issues

FEBRUARY 1:           On the Ultimate Quiz II