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The Frankish Reich

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Everything posted by The Frankish Reich

  1. Funny, I thought it worked pretty damn well in 2020. That is why we call him “former President Trump”
  2. She is a more talented off the cuff speaker than her opponent. Right now that’s the relevant test.
  3. That edited bit you cite is coherent and expresses solid support for Israel. So where’s that liberal “word salad” you guys are harping on?
  4. It’s like when JD Vance said that if Biden’s policies were working we’d be the strongest economy in the world. Which we are. But never mind I guess.
  5. I spent some time last week talking with an MBA who worked as a consultant to the national flood insurance program. Did you know that some people have submitted multiple claims? Total loss, rebuild. Flood again, repeat. Those homes should not be eligible for a renewed policy. Insanity.
  6. From economist Tyler Cowen at marginalrevolution.com on socialized risk and bad incentives. Note that "socialized" means "government takes on the risk of hurricane damage," which is exactly what happens in Florida. Commies ... First, whenever possible it is better to use private insurance, such as homeowner’s insurance and flood insurance, to protect against loss. One of the functions of insurance is to make losers at least partially whole after the fact, but another is to make risky decisions too expensive to contemplate in the first place. This second function of insurance is especially important for Florida. The state is vulnerable to storms, so market prices for insurance should be allowed to adjust to higher levels, most of all for vulnerable properties. High prices in an area are a sign that building and renovation should not take place there. With fewer people living in vulnerable areas, the cost of storms will fall accordingly. That sounds harsh, but “incentives matter” is the first and primary principle of economics, and sometimes incentives should be allowed to operate. Unfortunately, Florida has a state-run insurer of last resort which continues to bail out homeowners. Political debates tend to frame this issue as whether to help poor, struggling homeowners. And indeed they may well suffer some terrifying losses because of storms. But whatever you think of such bailouts after the fact, with better incentives ahead of time, that issue will come up less often.
  7. Maybe we need to think about not encouraging people to build/rebuild in areas prone to hurricane damage?
  8. How so? Why on earth would Trump do this?
  9. LOL is way overused. I laughed out loud at this one.
  10. I like the reason for your edit. Maybe Walz should've said he'd been to Gaza, not Iraq. Or that he'd been Time Man of the Year.
  11. The guy you quoted walked right into it. Ron DeSantis delivers another blow. Haha. You, umm, blew it!
  12. Unlike Kamala’s worthy opponent in his 60 Minutes interview?
  13. Well he never misses a chance to blow Trump. On that we agree.
  14. Particularly in a place that is built on largely illegal alien labor.
  15. Thank you for the Dr Nancy update. When might we expect the Lee Da Vinci?
  16. What I’m hearing: we should socialize risk.
  17. Or Patrick DiMarco. If I remember correctly.
  18. I've said it before: when you have a great QB, a "down" season usually looks like 9-8 or 8-9. See Green Bay with peak Rodgers or NO with peak Brees. And when your division sucks, sometimes you still make the playoffs. It's kind of looking like that kind of season.
  19. So how to apportion blame? Nathaniel Hackett 50%, Rodgers 50%?
  20. Guess what? Prior two months revised HIGHER. I'm no economist, but I still expect a recession. Sometime. But not now.
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