Wednesday, May 13, 2026

Subsidiarity Economics 2026. The Times more or less locally, Part 4. Economics in the Dementia Ward.

May 1, 2026

We're constantly told that tariffs are good for everyone. But then monarchs come and they're lifted.

He's lost his mind.

Cont:

cont:

Well, war not only changes everything, as we've noted in our laws of history, but the law of unintended consequences applies in spades:

World’s Top Producer of Condoms Raises Prices as Iran War Rattles Supply Chains

The Malaysian company Karex, which produces about five billion condoms a year, said it was raising prices by 30 percent because of higher raw material prices and global shipping disruptions.

May 3, 2026

Discount airline Spirit dissolves.

It was a victim of high aviation fuel, something brought about by Donald Trump's illegal attack on Iran.

May 4, 2026

Trump gives go-ahead to major new oil pipeline into Wyoming

This has been in the news for awhile, but I haven't posted it yet.

Frankly, the impact of pipelines is mostly in their construction, to it's temporary. At least for the state. These pipelines tend to transport Canadian oil, so the impact is less than it might seem.

And the state has got to get over its addiction to petroleum.

Regarding petroleum, the U.S. is now exporting a record amount due to the war with Iran, which doesn't help U.S. citizens whatsoever, as it cause the price of the product to rise, and accelerates U.S. depletion of the resource. Export of it, save for conditions in which the petroleum cannot be refined here, should be banned.

For that matter, as a resource that nobody contributed to putting in the ground, some thought should be given to nationalizing the resource in some fashion.

Some members of Congress are threatening to ban the import of Chinese electric vehicles as the GOP searches for ways to make a bad situation worse.

May 7, 2026

Headline:

Trade Court Rules Trump’s 10% Global Tariff Is Illegal

A panel of federal judges found that President Trump could not legally impose the tariff on most imports.

No surprise whatsoever.

Anyhow, now this money will have to be refunded too. And Mad King Donny still hasn't refunded the money owed from the last such ruling.

May 13, 2026

Inflation rose to 3.8% last month with the fastest rise in prices in three years, caused by an illegal war with Iran which the demented Mad King Donny has no idea how to end.

Mad King Donny has gone to China. It'll be a disaster. The best possible result would be if he just gets lost over there, thinks the Chinese babes are cute, decides to marry one, and stays.

Last edition:

Subsidiarity Economics 2026. The Times more or less locally, Part 3. The Wharton Way.

Labels: 2020s, 2025, Benjamin Netanyahu, Chuck Gray, Economics, Iran, King Donald's War, Petroleum, Stupidity, The Ivy League, Trump War Inflation, United States and Israel v. Iran, Weird, Wyoming's boom and bust economy

No comments:

Post a Comment

Thomas More, counsellor of law and statesman of integrity, merry martyr and most human of saints: Pray that, for the glory of God and in the pursuit of His justice, I may be trustworthy with confidences, keen in study, accurate in analysis, correct in conclusion, able in argument, loyal to clients, honest with all, courteous to adversaries, ever attentive to conscience. Sit with me at my desk and listen with me to my clients’ tales. Read with me in my library and stand always beside me so that today I shall not, to win a point, lose my soul. Pray that my family may find in me what yours found in you: friendship and courage, cheerfulness and charity, diligence in duties, counsel in adversity, patience in pain—their good servant, and God’s first. Amen

"Be at peace. Do not look forward in fear to the changes of life; rather look to them with full hope as they arise. God, whose very own you are, will deliver you from out of them. He has kept you hitherto, and He will lead you safely through all things; and when you cannot stand it, God will bury you in his arms. Do not fear what may happen tomorrow; the same everlasting Father who cares for you today will take care of you then and every day. He will either shield you from suffering, or give you unfailing strength to bear it. Be at peace, and put aside all anxious thoughts and imagination." St. Francis de Sales

Lex Anteinternet?

This blog has been around since 2009. In the very first post, we asked the question: "What the heck is this blog about?"

Our answer to the question was: "The intent of this blog is to try to explore and learn a few things about the practice of law prior to the current era. That is, prior to the internet, prior to easy roads, and the like. How did it work, how regional was it, how did lawyers perceive their roles, and how were they perceived?"

We also noted: "Part of the reason for this, quite frankly, has something to do with minor research for a very slow moving book."

All of this is still true, but the focus of the blog has changed somewhat. It now focuses on the era from 1890 to 1920 in general, rather than on the law and lawyers specifically, although that may be far from obvious. It's also become the location where we comment on anything we feel moved to comment on.

We hope you'll feel moved to comment as well. While we moderate every comment, so as to weed out Spam, we greatly appreciate the comments where they are offered, and hope to see more.

Thank you for stopping in!