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June 19,2022
Gasoline Tax Holiday ‘Worth Considering,’ Yellen Says - WSJ
But in the U.S. Congress, Democratic-led efforts to temporarily stop collecting the federal gasoline tax of 18.4 cents a gallon have yet to gain traction.
Gas is up $2 in the past 12 months, and Congress’ solution is cut $0.184 off the price?
This is a multi-faceted problem; eighteen cents isn’t a solution.
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June 19,2022
The Crypto Party Is Over - WSJ
At times, crypto has looked like a combination of Beanie Babies, dot-com stocks and the Velvet Underground: It is manic, it is money, and all the cool people are into it. It has also shared characteristics with other bubbles throughout history, marked by speculation bordering on delusion, disregard and disrespect for risk, and greed.
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June 18,2022
Cauliflower, you’ve never looked so good!
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Reading
June 18,2022
Currently reading: Habits of the Household: Practicing the Story of God in Everyday Family Rhythms by Justin Whitmel Earley 📚
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June 17,2022
This week, local man Don Johnson told friends and family he had been struck with a revelation: his “Bored Ape” NFT may not have been a bulletproof investment vehicle, and perhaps he should have diversified his investments a bit.
Hang in there, Don!
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ChetCast
Episode 240: Start of Summer
June 16,2022We’ve been slow to put out podcasts while on summer vacation, so we catch up with the kids to see what they’re up to.
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June 16,2022
“With the prices of supermarket staples like milk and bread at all-time highs, we’re seeing more families faced with making the difficult decision between eating dinner and going 0 to 62 miles per hour in 3.2 seconds,” said study author Celina Goodman, whose report found that 45% of all Americans had adjusted their grocery budgets in order to afford the $330,600 sports car.
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June 15,2022
Fed Raises Rates by 0.75 Percentage Point, Largest Increase Since 1994 - WSJ
…and signaled it would continue lifting rates this year at the most rapid pace in decades as it races to slow the economy and combat inflation that is running at a 40-year high.
Good morning! 👋🏻
Nice to have you awake and with us.
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June 14,2022
Climate-Change Censorship: Phase Two - WSJ Opinion
Now progressives are moving to censorship phase two, which is shutting down debate over climate “solutions.” “Now it’s not so much denying the problem,” Ms. McCarthy said in an Axios interview last Thursday. “What the industry is now doing is seeding doubt about the costs associated with [green energy] and whether they work or not.”
We must pay for the energy transformation in order to find out how much it costs.
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June 14,2022
Crypto Legislation Could Undermine Market Regulations, Gensler Says - WSJ
Securities and Exchange Commission Chairman Gary Gensler expressed concern Tuesday that efforts in Congress to write legislation for the cryptocurrency industry could compromise regulations that govern the broader capital markets.
It appears Mr. Gensler has forgotten his place.