According to multiple sources on the call, several CBS News staffers pushed back at Weiss’ enthusiasm over the bombshell New York Times report alleging Democrats schemed to find a Dan Sullivan to run against incumbent Republican Sen. Dan Sullivan, in hopes of aiding Democratic opponent Mary Peltola.
Obama (added approximately $8.3 trillion to $9.3 trillion – two terms) vs Biden (added approximately $8.4 trillion to $9.21 trillion – single term) vs Trump (added approximately $7.8 trillion – in first term – with both term’s total so far @ roughly $11 trillion to $11.6 trillion)…both parties are spending whilst not actually governing, IMHO.
Roman Concrete Secrets:
The narrator spoke about quick lime (calcium carbonate) clumps that were in Roman Concrete. When water entered the concrete after setting, the quick lime clumps reacted with the water and immediately hardened thus preventing cracking.
But what he didn’t mention is how the clumps got there in the 1st place and that is the result of hot mixing which allows faster setting when poured but also made for the quick lime clumps. More below
The world can make this better Roman concrete but chooses not to. That’s another story.
I agree with Karmi on the US debt. It is in very dangerous territory. Our gov. long bonds have interest rates that are 8 or 9 times higher than say Switzerland, which takes their finances and hard currency seriously.
Part of what drives interest rates is inflation. Usually, interest rates must compensate for inflation, plus a little more on top of that. US Inflation currently seems to be rather stubborn, with the PCE inflation number coming in at 3.6%/year this week.
I can’t hazard a guess as to the magnitude of the following effect, but part of what tames inflation, is careful and cautious consumers. I have a sense that many people, possibly more so with younger people, don’t really shop around for better deals. If you are a producer or vendor of products, one of the key things stopping you from raising prices yet again, is when customers walk away. If they don’t walk away, then continue the process of raising prices.
I bought a new car a couple weeks ago. The local dealer had thousands of dollars in added mark up on all the sticker prices. Too much money (or carelessness) in my community! I drove 20 miles, and all the same cars were selling at the MSRP sticker prices.
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Bari Weiss faced ‘significant resistance’ from CBS News staffers about Alaska ballot scandal
CBS vs NYT… 🙂
Over the next decade, the U.S. Treasury will spend $20 trillion in interest on the national debt—$200 billion a month by 2036
Obama (added approximately $8.3 trillion to $9.3 trillion – two terms) vs Biden (added approximately $8.4 trillion to $9.21 trillion – single term) vs Trump (added approximately $7.8 trillion – in first term – with both term’s total so far @ roughly $11 trillion to $11.6 trillion)…both parties are spending whilst not actually governing, IMHO.
Roman Concrete Secrets:
The narrator spoke about quick lime (calcium carbonate) clumps that were in Roman Concrete. When water entered the concrete after setting, the quick lime clumps reacted with the water and immediately hardened thus preventing cracking.
But what he didn’t mention is how the clumps got there in the 1st place and that is the result of hot mixing which allows faster setting when poured but also made for the quick lime clumps. More below
The world can make this better Roman concrete but chooses not to. That’s another story.
https://www.popularmechanics.com/science/archaeology/a42555277/why-ancient-roman-concrete-is-so-strong/
I agree with Karmi on the US debt. It is in very dangerous territory. Our gov. long bonds have interest rates that are 8 or 9 times higher than say Switzerland, which takes their finances and hard currency seriously.
Part of what drives interest rates is inflation. Usually, interest rates must compensate for inflation, plus a little more on top of that. US Inflation currently seems to be rather stubborn, with the PCE inflation number coming in at 3.6%/year this week.
I can’t hazard a guess as to the magnitude of the following effect, but part of what tames inflation, is careful and cautious consumers. I have a sense that many people, possibly more so with younger people, don’t really shop around for better deals. If you are a producer or vendor of products, one of the key things stopping you from raising prices yet again, is when customers walk away. If they don’t walk away, then continue the process of raising prices.
I bought a new car a couple weeks ago. The local dealer had thousands of dollars in added mark up on all the sticker prices. Too much money (or carelessness) in my community! I drove 20 miles, and all the same cars were selling at the MSRP sticker prices.