Gongol.com Archives: December 2019
December 20, 2019
Show notes - Brian Gongol filling in for Jeff Angelo on WHO Radio - December 20, 2019
Home security and porch pirates, making trade deals near and far, and a skeptic's look at "Modern Monetary Theory"
Drone crashes into an Iowa City-area lawn
Per the Cedar Rapids Gazette: "Authorities said the 18-foot, 100-pound vehicle was valued at $300,000. The damage to the lawn and ornaments was estimated at $100. The UAV was a total loss." Not the usual kind of thing that comes crashing out of the sky in that part of Iowa.
Pundit ponders whether Sen. Amy Klobuchar's sense of humor sells
Cheesy humor is the bread and butter of Midwestern identity.
Nothing to say about the Federal debt?
It didn't come up at the Democratic Presidential debate. At all. Federal debt is easily going to be $70,000 or $75,000 per person by the time someone is sworn in 13 months from now. Maybe more. It's basically intergenerational larceny. And the short-sightedness of it all is appalling; if only we could have a 20-year time horizon on public choices, in place of nonsensical ideologies that substitute for meaning in too many lives. It's been almost 20 years since 9/11 and we're still approaching almost every related issue on a month-to-month basis. It's madness. The appropriate discount rate on serious problems should be close to 0% over the first 20 years.
Ominous: "It is only the second time such a warning, the highest level of bushfire danger, has been issued for the Greater Sydney area since the rating system was introduced in 2009."