Thursday, May 29, 2025

Rants And Raves -- May 29, 2025

Locator: 48712R&R. 

Streaming? Hulu + Amazon Prime is as good a combo as you will ever get. I assume YouTube TV+ and Amazon Prime is just as good.

Actually this is a huge story, surprisingly enough. There's a "breaking news" crawler over at CNBC and a headline story that can be found everywhere.

This speaks volumes about the current state of affairs in Washington, DC, and confirms that President Donald Trump, the most activist president since FDR, lives rent-free in Chairman JPow's brain. LOL. 

When you have to remind folks that your "independent" agency has decided for the first time ever -- apparently -- that it is making a change in their philosophy / policy statement -- that now, the Fed will make decisions based on "non-political" analysis, confirming that they had been making decisions based on "political analysis" in the past. At least that's how I interpret these statements. Glad to see that JPow is taking politics out of the Fed's decision-making process. LOL. And if you believe that, JPow can probably find a bridge or two to sell you.

I guess this is why the market went from solid green earlier today to solid red this afternoon. It's always bad news when one makes policy decisions without considering the political environment / political fallout. Even presidents of the United States know that.

International students getting top eduction in the US: I'm not sure why Trump wouldn't monetize that, under the arguments that every one of these top universities obtains a huge amount of federal funding in any number of ways. 

I would suggest that tuition and fees for international students would be 3x the tuition and fees for in-state US students and that the funds greater than the base tuition be paid to the US government. 

The future of the filibuster. If there is no future, thank Harry Reid. Link here. This is going to work to President Trump's advantage. Trust me on this one.

******************************
Tortillas

A two-page essay on tortillas in the current issue of The New Yorker, June 2, 2025.

Link here

Perhaps written by a young Jewish woman based in New York City.

I love this article for many reasons. You can "count them" in the lede:

As a kid growing up in Hermosillo, the biggest city in the arid northern Mexican state of Sonora, Ruben Leal took the region’s signature flour tortillas for granted. You could find them not only in tortillerias—where veteran makers would flip them, sometimes bare-handed, on a ripping-hot comal—but also at any of the city’s abbarotes, or corner stores, where “they have fresh ones that the tortilla lady dropped off early in the morning,” Leal told me. Tortillas de harina, made with freshly milled wheat and pork fat or vegetable shortening, were essential for staples like tacos, burritos, and caramelos—a Sonoran quesadilla made with carne asada—but they were also delicious enough to eat plain.

My go-to homemade luncheon meal is a burrito made on a very soft tortilla. 

The second paragraph:

In 2002, Leal moved to Tucson, where he studied marketing at the University of Arizona and met the woman he would marry. They moved to Austin, where Leal got his tortilla fix at the Texas grocery chain H-E-B, which makes them fresh. A few years later, the couple moved again, this time to Lawrence, Kansas, a college town some forty miles west of Kansas City, not far from where Leal’s wife grew up. The area’s Mexican population is relatively small, and the dish known as the “Kansas City taco” is a mid-century relic: a deep-fried, hard corn shell with ground beef, shredded lettuce, and cheese powder. “I kept getting farther away from the border and the tortillas kept getting worse,” Leal told me recently, standing in the Lawrence headquarters of his company, Caramelo, which has lately emerged as one of the best producers of tortillas in the U.S.
So, we'll see. More later.

**************************
Taxes

After paying my Federal taxes this year, I am so thankful I don't live in California.

Texas has no state income taxes.

No estate taxes. No inheritance taxes. Nada. Nil. Zilch. $0.