It is perfectly clear: no person is better suited than Ron DeSantis to challenge and conquer the hidden changes facing our nation, and no person will be a better steward of America in the years to come. Evil forces across our planet demand a great leader—someone strong but thoughtful; principled but inquisitive; and resolute in their belief in America’s noble mission.
DeSantis has proved to be an intrepid conservative in Florida. Under his leadership, Florida is bigger and more prosperous now than it was when he took office. There are more jobs; more people; more businesses; more morality; and less abortion; less grooming; and less tolerance for woke and CRT.
His leadership during the pandemic allowed Florida to thrive by keeping businesses open and kids in school, his economic policies have lowered taxes and brought prosperity and new business to Florida, and his unwavering commitment to standing up to woke ideology infiltrating our corporations and schools have distinguished Governor DeSantis as the one true leader American wants and needs, a man who never backs down from the needed fights to make our country better.
Florida has become the fastest growing state in the nation. But it’s not just that. It ranks #1 in education, and it’s because there is zero tolerance for ideologies which challenge White Christian morality, the very foundation of the U.S. Constitution.
Ron DeSantis has shown over and over again that he will protect and stand up for our children and grandchildren, young folks who are being hyper-sexualized at extremely young ages and maliciously influenced by radical activists. Donald Trump might provide lip service, but at the end of the day, he runs away from these challenges—or even joins the other side, whether it’s Disney’ Pfizer or Budweiser.
DeSantis will continue to fight for our values; our country; our children; our families; and for a bright future where America regains its position of righteous supremacy over the insidious forces of evil.
Make no mistake: Trump put on a good facade. He looked like a strong man, but he was unfocused and weak. He set the table for America’s enemies across the world to become more entrenched, allowing them to take Americans prisoner with no consequence. They’ve floated spy balloons over our airspace. They’ve launched full-scale invasions of other countries and toppled the democratic governments we spent decades building. All the while, America become more and more weak and complacent.
Governor DeSantis has proven himself to be the fighter America needs—from serving our country to taking on dangerous woke agendas. Trump might back down from battles against Disney, Pfizer and Budweiser, but not Ron DeSantis, and that is the big message for Republican primary voters.
What does WOKE look like in Florida?
April 29, 2023
Here’s one example…
“Florida lawmakers seek to delay Clearwater’s Drew Street overhaul”: So reads the headline of a recent news story published in the Tampa Bay Times (Tracey McManus, April 28, 2023).
McManus tell us in her news story, “When the Clearwater City Council reaffirmed its support for a safety overhaul of Drew Street on April 4, it was the only approval the Florida Department of Transportation needed to advance design work on the east-west corridor notorious for crashes.
On Friday (4/28/23), state Sen. Ed Hooper, R-Clearwater, intervened with language in the state budget to withhold funding until the department conducts another study on how the lane reconfigurations would impact traffic.”
Those of us who live in Clearwater and who also try to pay attention to shenanigans in and around City Hall have been kept very, very busy recently.
Following about 2 decades of leadership failures evidenced by clear signs of significant deterioration in management efficiency, the City of Clearwater reached a new lower limit of performance around mid-2020.
Following a mayoral election in March 2020 which returned a former political hack to the office of Mayor, the City has operated in a morass of “Chaos and Crisis” where malevolent leadership led to insider decisions and some bad outcomes which are evidenced by observable:
- Excessive and continual management and supervisory turnover;
- Rising levels of overall employee dissatisfaction;
- Measurable decreases in critical employee productivity measures;
- Poorly executed public projects, including unexpected delays (Marina, The Bluffs, and more…);
- Extreme cost overruns on public projects (Imagine Clearwater, and many more);
- Unusual and/or abrupt failures of existing programs (Trees, anyone?);
- Unexplained or poorly communicated public sector programs and/or projects;
- Decision making ‘in darkness’ where the entire case is not presented to the public in a fair and honest fashion.
A recent comment from Whit Blanton at Forward Pinellas summarizes the whimsical and erratic behavior of some Clearwater elected officials we — the taxpayers, voters and stakeholders of Clearwater — have sadly become accustomed to,
“The City of Clearwater has voted three times for this project, the Forward Pinellas Board has voted 10 times,” Blanton said. “The neighbors have been clamoring for this for years going back to 2004. We finally got momentum and there seems to be forces that are unhappy with the outcome.”
I recently heard a politician say, “Let’s not let perfect be the enemy of good.”
Another study? More delays, deaths and despair on Drew Street?
It’s well known that Tammany Hall disappeared from the NYC political scene sometime after WWII.
What was not known until very recently: Tammany Hall didn’t really disappear, it just moved to Tallahassee to help support people like Senator Hooper and his backroom cronies.
All this time we thought Florida was the Sunshine State, a place where important decisions are made in public….
Or, as the infamous Governor DeSantis tells us, “Florida is where WOKE goes to die.”
Well, I just got abruptly and rudely awakened by some really bad behavior by some Florida politicians, so call me WOKE!
And I’m certainly not here to die!
Here’s a call to action to all of my neighbors who are just fed up: Please join me!
Legislative Leaders in Tennessee Clean House
April 6, 2023
Tennessee GOP expels 2 Black Democratic lawmakers for anti-gun violence protests.
Early on Monday morning, March 27, 2023, an assassin armed with two AR-style weapons, a handgun and significant ammunition, used force to break into a private Christian school in Nashville, taking the lives of three 9-year-old students and three adult school staffers.
Within days, mass protests broke out across Nashville and the entire state of Tennessee calling for stricter gun safety measures.
At the state capital in Nashville, several elected officials joined with citizen protesters to help amplify the need for immediate action on stricter gun control by the Tennessee General Assembly.
Tennessee Speaker of the House Cameron Sexton (R—Crossville) said that the actions of some of his colleagues inside the State Capitol were like that of an insurrection.
Today, April 6, 2023, a Republican majority in the Tennessee General Assembly – led by Speaker Sexton — voted to remove two Democratic legislators for participating in “an unauthorized gun safety protest” last week on the House floor.
22 years ago, it took an act of war orchestrated by insidious foreign nationals using aircraft to attack the American people in iconic American locations, to rally our country to solidarity and action.
Today, those same insidious and dangerous forces seem to have infiltrated main-stream America, poisoning our political structures, our institutions, our entire raison d’être.
This is 2023, folks.
The phrase, “United we Stand, Divided we Fall” is often attributed to Abraham Lincoln, and he did make it into a mainstream rallying cry. Yet, it has been used by great leaders since the dawn of time.
We have a choice. We can fight over petty differences, or we can unite around our common interests.
The train has left the station, and it’s well past time for America to stand up and demand that elected officials – at the local, state and federal level – stop creating divisive rhetoric; begin to listen to each other and the people they represent; return to the purpose for which legislators are elected to serve.
I do hope we can find a peaceable way to Unite.
I Like Clearwater Florida. It’s where I live!
April 3, 2023
No matter how special, there seems to be an aura of stupidity, ignorance or greed somewhere near City Hall…
Someone at Clearwater City Hall may have recently read the book “Who Moved My Cheese” and got inspired to move everyone’s cheese.
We recently had a dinner guest (Jim) from D.C. on a Saturday evening. He was staying at the Wyndham Grand on the Beach. He used Uber to get to his hotel on a Thursday evening, and his plan was to use Uber to get from the beach back to our Pride Neighborhood in Clearwater, a 5 mile, 11 minute ride on almost any Saturday evening in August.
Jim’s Uber got stuck on the Memorial Causeway enroute to the Wyndham, thus was 45 minutes late arriving at the hotel. Then, it took a bit more than 25 minutes from the hotel to our Pride Neighborhood.
We did have a nice dinner, although it seemed that the drama might have been significantly reduced if the architects of “Beach by Design” had bothered to incorporate some real and honest transportation planning into their original document; and/or various revisions along the way.
Let us not forget that Beach by Design was adopted in 2001 to help guide ‘thoughtful revitalization strategies governing Clearwater Beach, focused on six components’: land use; mobility; off-street parking; catalytic projects; economic feasibility and financing; and design guidelines.
The old Memorial Causeway bridge going over to the beach was built in the early 1960’s as a 4-lane drawbridge.
I remember those days! A sailboat (a.k.a. ‘rag bagger’) could easily cause a 10 to 15 minute delay for those many folks in cars who were driving to or from the beach!
The new Bridge – construction began in 2001, completed in 2005 – is still 4 lanes for vehicular traffic, but is elevated off the water so that there is no need for a drawbridge. The sailboats can come and go as they please, but the traffic delays on the bridge are now worse than ever before.
The knuckleheads who envisioned, designed, approved and constructed the new bridge somehow forgot to consider the probable impact from increased traffic due to the planned surge in capacity due to new hotels, restaurants, etc.
They just plumb forgot to incorporate a mass people mover – something like what we have at Tampa International:
- Elevated; Electric; Automated; Safe; Convenient; Cost effective.
Instead of working to mitigate the predictable negative externalities from an increase in the number and frequency of internal combustion vehicles coming to (and from) the Beach, these former elected officials from our past seem to have fretted over increasing both the cost of parking fees and the number of parking spaces to a point which is intolerable to most residents and visitors alike. There must be an explanation, although it is quite elusive.
But, Wait! One of the dinosaurs from 2001 has been recently awakened, and now appointed to serve as Interim Mayor of Clearwater!
As has been said in previous retrospectives, “Only in Clearwater could the Cabal get away with this sort of ‘apparently innocent’ fraud, malfeasance and corruption.”
Senator Sinema and Carried Interest
August 17, 2022
Political Malfeasance in Action
I grew up in the 1960’s in Buffalo, NY where it seemed that candidates for election to public office couldn’t get nominated until they could prove their ability to attract illegal political contributions. Over my professional career, I spent significant time in other northeast states, counties and cities where political corruption was often the norm.
Most of the corrupt elected officials I observed were guilty of getting their driveway paved; their house painted; maybe a new roof. Not good, not appropriate, and certainly, not acceptable.
The recent behavior of Sen. Kyrsten Sinema (D-AZ) relative to the Carried Interest federal tax loophole puts the actions and behaviors of these historic elected officials in NY and CT into the category of ‘fixing parking tickets’.
The despicable and nefarious posturing by Sen. Sinema has blessed Carried Interest, sometimes known as ‘the cockroach of tax breaks’, allowing it to survive another potential assault by Congress.
The proposal to increase the holding period requirement to qualify certain income paid to investment bankers for the lower Carried Interest tax rate was removed from the landmark ‘Inflation Reduction Act’ of 2022 (H.R. 5376) recently passed by both the Senate and the House and signed into law by President Joe Biden on August 16, 2022.
The “compromise” to remove Carried Interest was demanded by Sen. Kyrsten Sinema (D-AZ) which she justified on a complex and convoluted set of criteria, and which potentially might be related to the $1 Million in campaign contributions she received over the past year from private equity professionals, hedge fund managers and venture capitalists whose taxes would have increased exponentially under the original plan.
The concept of Carried Interest dates back to the 16th century, when ocean-going ship captains would often take a 20 percent “interest” of whatever profits were realized from the cargos they carried. This approach is logical and defensible on the risks to life, property and personal capital undertaken by ship captains.
In 21st century America, the meaning of Carried Interest has evolved to describe a tax loophole — an income tax avoidance scheme — which allows some private equity and hedge fund investment bankers to classify large amounts of their compensation related to performing services (i.e. managing and/or investing other people’s money) as investment gains, which substantially lowers the amount they are required to pay in taxes.
Today’s Carried Interestis essentially a payment (bonus or commission) for investment services that is taken out of the profits of the money managed for investors. Private equity firms use pooled money from large institutional investors (pension funds, college endowments, ultra-high net worth individuals, etc.) to acquire controlling interests in struggling, underperforming or undervalued companies. When the investment are made, these acquired entities agree to pay the private equity firms Carried Interestout of the investment profits on top of management and other fees.
Under our current tax law, when the carried interest income is paid out of the private equity firm to individual partners, directors, etc. it is taxed at the preferential (‘capital gains’) rates granted to investment income, even though the income represents compensation for services. In all other contexts, compensation income – salaries, bonus, commissions, etc. – is taxed everywhere else as ordinary income.
Investment professionals often are required to contribute capital if they are eligible to receive carry, although it varies by firm and by position in the hierarchy (from 23% of associates/senior associates to 71% of managing partners). Essentially, the Carried Interest tax loophole acts as a magic wand to turn ordinary compensation income into preferentially-taxed capital gains income for a few thousand specially entitled individuals each year.
Private Equity (“PE”) is a $4.5 Trillion industry which tends to follow a predictable model: Use very high levels of debt to take control of underperforming (or undervalued) companies and then extract as much value as possible over a short- to intermediate time frame.
One of my favorite movies, “Other People’s Money” (1991: Warner Brothers [directed by Norman Jewison]; starring Danny DeVito and Gregory Peck) almost perfectly illustrates the potentially powerful impact of leveraged debt strategically deployed against a weak management team. In the film, the end result is: (a) closure and liquidation of New England Wire & Cable Company, a boring multi-generational family manufacturing business; (b) the loss of hundreds of decent jobs in a small American city; and (c) millions of dollars of ‘pirated booty’ transferred to anonymous private equity investors, with a mighty fine Carried Interest reward paid to Danny DeVito (the investment banker).
Zero value added to the overall U.S. economy.
Devastating value lost to a small American city, its residents and the regional economy.
Sure, the investment banker (Danny DeVito) took home a fine bonus. He probably was able to buy a nice airplane and maybe a vacation home in the Hamptons.
Meanwhile, the wire and cable products formerly supplied by the now defunct domestic company now are being sourced from a foreign firm. The American city where the former Wire and Cable business was located lost tax revenue which had formerly been used to support local schools and public works. And, local families abruptly lost their incomes, and their homes potentially went into foreclosure.
Most alarming: U.S. taxpayers subsidized the whole mess because of this crazy, foolish and irrational tax break known as Carried Interest.
Some will say that the movie, “Other People’s Money” is a 1991 dinosaur which has no relevance in 2022.
Yet, the devastation continues. In our current environment, retailers are particularly vulnerable to leveraged buyouts, and they provide the most visible examples of companies which have been acquired, pillaged and wrecked by private equity firms.
In January 2020, the New York grocery chain Fairway filed for its second bankruptcy in less than four years and announced plans to sell off its stores, due to several efforts by PE firms to extract value from the franchise. The Fairway failure joins a long list of casualties that includes: Sears; Toys R Us; Payless ShoeSource; and Sports Authority, among many others.
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In theory, PE firms snap up underperforming companies using ‘patient capital’; they bring in professional managers to revamp current operations; and then sell the companies through a Public Offering to generate a healthy return.
In practice, the PE industry revolves around deals known as leveraged buyouts, where the PE investors put up a small amount of their own money to purchase a company and borrow the rest. The acquired business becomes responsible for repaying the debt, which puts an immediate strain on cash flows.
In their quest to generate cash and improve operational efficiency, PE firms often: lay off workers, and cut pay and benefits to remaining workers; they sell off owned real estate and lease back; they sell trademarks and other ‘off balance sheet assets’.
PE firms sometimes extract cash using “dividend recapitalizations” where they use the acquired company to borrow additional money which is then used to pay investors. Beyond that, they often charge the businesses they acquire millions in ‘management fees’.
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Shifting the treatment of so-called Carried Interest income from capital gains to ordinary compensation income could raise between $1.4 Billion and $18 Billion annually from income tax on a very small number of investment bankers.
Most informed Americans refer to the lower tax rate on Carried Interest as a loophole that allows already wealthy private equity, hedge fund and other investment managers to pay a lower tax rate than the majority of their employees and other American workers. Once they are fully informed, a significant majority of voters across the political spectrum support legislation that would close this loophole.
“It’s a real rich benefit for the wealthiest of Americans,” said Steve Rosenthal, a senior fellow at the Urban-Brookings Tax Policy Center. “Why should a private-equity manager be able to structure his or her compensation with low-taxed gains? That seems wrong.”
Sen. Sinema was elected to the U.S. Senate by voters in Arizona to represent their interests. It’s hard to see how continuing this awful Carried Interest loophole is in the best interest of anyone in Arizona, other than to Sen Sinema herself because it seems to provide a rich and reliable source of political contributions to help ensure her continued reelection.
And that also seems wrong.
An Unlikely Duo: A 21st Century Odd Couple
June 9, 2022
Chair of the Select Committee Rep. Bennie Thompson (D, MS) & Co-Chair Rep. Liz Cheney (R, NV).
Today is June 9, 2022, the first day of a series of public hearings convened by the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol, Chaired by Thompson, with Co-chair Cheney.
They are an Unlikely Duo, truly polar opposites in most ways, yet bound together by at least one common thread: an oath of office where they individually affirmed a solemn promise to “support and defend the Constitution of the United States against all enemies, foreign and domestic…”.
Thompson began his service as a Member of Congress in 1993 representing the 2nd Congressional district of Mississippi. He is a black male; currently age 74; born, raised and still a resident of Bolton, MS: a small, rural and hard-scrabble town in Hinds County, approximately 20 miles from Jackson, the state capital.
Thompson’s voting record has been solidly ’liberal’. His legislative platform is and has been focused mainly on agriculture and rural issues; civil rights; homeland security; equal education; and health care reform. He is a founding member of the Congressional Progressive Caucus.
Cheney began her service as a Member of Congress in 2017, representing the Wyoming at-large Congressional district. She is a white female; a lawyer; age 55; 3rd generation Wyoming resident on her mother’s side. Her father, former U.S. VP Dick Cheney, represented WY in Congress for 10 years.
Cheney is known as an “ideological conservative”, and a solid representative of the Republican establishment, noted for her focus on national security; support for the U.S. military; a pro-business stance; hawkish foreign policy views; and fiscal and social conservatism.
Prior to her ‘fall from grace’ for refusing to capitulate to the “stolen election theory”, Cheney chaired the House Republican Conference, the third-highest position in the House Republican leadership.
It seems perfectly clear from watching and listening to this first public hearing jointly moderated by this Unlikely Duo that the January 6th Insurrection is a seditious conspiracy against the Constitution of the United States.
It seems entirely plausible that House Republican leader Kevin McCarthy and Senate Republican leader Mitch McConnell have continued to advance and support blatant political lies — fully disproved by both facts and the courts —aimed to support what has come to be known as the “Big Lie”: an imaginary alternative outcome from the 2020 presidential election.
Are Kevin and Mitch potentially guilty of Sedition themselves, or merely complicit in their disruptive and subversive actions?
Most sad: Rod Serling could have produced an entire season of The Twilight Zone off the McCarthy/McConnell fabrications.
Governor DeSantis Name Change?
April 25, 2022
Florida Governor DeSantis recently signed into law a “Parental Rights in Education” bill, dubbed the “Don’t Say Gay” bill by opponents. It was based on highly speculative and obscure ideas; it prohibits classroom instruction on sexual orientation or gender identity in kindergarten through 3rd grade.
In an ironic twist, it was reported that Gaston LeGume, the egotistical misogynist and racist villain from Disney’s Beauty and The Beast, recently assumed the identity of Florida Governor DeSantis.
No longer content merely to be the handsomest most admired man in town and everyone’s favorite guy, Gov. Ron “Gaston” DeSantis now seems to be on a quest to punish his creator – The Walt Disney Company — for gross intransigence.
Last week, DeSantis announced a move to take away Disney’s independent special district, the Reedy Creek Improvement District, created in 1966 as a Florida Special Taxing and Governance District.
Gov. Gaston went on to say, “When Disney denounced Florida’s “Parental Rights in Education” bill, they crossed the line. As a family-friendly business it should understand parents not wanting young children taught about gender identity in public schools.” <Gaston then publicly abdicated any and all personal rights of succession within the Disney Empire.>
The Walt Disney Company responded quickly. “We are dedicated to standing up for the rights and safety of LGBTQ+ members of the Disney family, as well as the LGBTQ+ community in Florida and across the country” they said. “It is clear that this is not just an issue about a bill in Florida, but instead yet another challenge to basic human rights.”
Last seen in The Villages, Gov. Gaston DeSantis proclaimed, ‘I am The Governor. Any and all executive orders, proclamations, and rules I proclaim shall have the full force and effect of law. There is no place in a civil and just society for elementary math textbooks which indoctrinate elementary school students with concepts like race essentialism. Furthermore, although the Citizens United decision gives corporations and certain special interest groups the right to unlimited spending on most political issues, it does not give any rights to corporations to create a regional environment virtually free of crime, mosquitos, weeds, trash and potholes which attracts tourists from international destinations.’
DeSantis further stated, ‘It is patently clear that The Disney Company operates in a physical environment which is well above the Florida ‘status quo’, much of that due to The Reedy Creek Improvement District which owns its utilities; administers its planning and zoning; defines its building codes; employs the inspectors; and maintains its own fire department, roadways and highways. It even has the authority to levy taxes.’
Currently, Florida has term limits for some elected officials. The Governor is limited to two 4-year terms.
The Walt Disney Company has served as an important magnet for tourism and economic development in Florida since it opened in 1971, and it has no term limits.
Florida’s tourism industry suffered an estimated 60.5% drop in visitors as the coronavirus pandemic hit hard during the 2nd quarter of 2020, with international travel off more than 90%. Disney World has mostly recovered, trending back to 50 million tourists a year and generating more than 70,000 jobs directly, making it the biggest single-site employer in the U.S. The millions of tourists visiting Disney World not only spend money at the resort but also across the Orlando region and the entire state of Florida.
We can pause and pay our respects to Florida’s elected officials – including the Governor[i] – who lost millions in potential political contributions from Disney when the Company decided to cease making political contributions in Florida. <In fact, ‘pay to play’ is illegal for very good reasons.>
Gov. Ron ‘Gaston’ DeSantis and his cronies have devolved into the Boss Tweed era of Tammany Hall, and it’s time that we stop them in their tracks.
“No one’s slick as Gaston; No one’s quick as Gaston; No one’s neck’s as incredibly thick as Gaston; For there’s no man in town half as manly”….
Ron “Gaston” DeSantis is an uncouth and unprincipled bully who has no place in public office.
[i] Disney Worldwide Services, Inc. made four contributions to the Friends of Ron DeSantis PAC from May 2019 to March 2021 for a total of $106,809.38.
DeSantis & Financial Literacy
March 29, 2022
Florida Governor Signs Financial Literacy Bill
Here is a summary of the recent Florida Financial Literacy announcement as I understand it,
‘On March 22, 2022, Florida Gov. Ron DeSantis signed Senate Bill 1054, titled the Dorothy L. Hukill Financial Literacy Act, which will require high school students to take a financial literacy course to receive a standard high school diploma.
The legislation will officially become a graduation requirement for students who enter high school in the 2023-24 school year, and will not affect students currently enrolled in high school.
“Financial literacy is an important life skill for a student to have,” said DeSantis. “Ensuring our students have the skills to manage their finances – and perhaps one day own a business – will pay dividends for our state. I am proud to sign this bill to support the future of Florida’s students and ultimately their families and communities.”
Students will be required to earn one-half credit in personal financial literacy and money management, including instruction on types of bank accounts, credit scores, taxes and managing debt.’
During my career in banking and financial services, I spent over 2 decades seeking solutions to our national intellectual deficit in the area of personal economic and financial literacy.
Much of what I learned relates to relevancy. Young people who grew up in a household where Amscot was the financial provider of choice won’t relate to traditional banks. And, a young person with no job and no viable prospects for a future career which will generate a reliable income stream isn’t a good candidate for learning about bank accounts, credit scores, etc.
What I found in my practical research was that the very best solution to engaging students – probably beginning at middle school, and certainly at the high school level – involves thoughtful inclusion of economic concepts into the social studies curriculum.
Virtually everything in the history of mankind involves an economic component which can be carefully woven into the history itself.
The feudal system, which flourished in Europe until about 1500, continues to exist in the U.S. and other nations, disguised by new labels and promoted by clever marketing schemes.
Then, there was slavery. The underlying reason for the extraordinary prosperity of plantation owners in the southern U.S. states producing cotton, tobacco, rice, and sugar wasn’t due to their intelligence: it was completely due to slave labor.
Today, we have the overarching issue of student debt. Those who have been educated and informed about ‘opportunity costs’ are (at least) inoculated against the commissioned charlatans who offer promises of obscene salaries for completion of certain certificate or degree programs — with no real supporting facts – “just sign on the dotted line and you will never regret it”.
Today, we have a financial sector (“Wall Street”) which extracts tremendous costs out of each and every financial transaction. For virtually no value-added, an investment bank transaction takes at least 25% off the top, providing immediate (and arguably excessive) financial rewards to certain economic pirates — analysts, associates and managing directors — while adding zero benefit to our overall economy.
The recent ‘Great Recession’ (2007 – 2009) was enabled by a broad contingent of economically illiterate consumers who were duped by an equally inept cohort of financially and economically illiterate brokers. The common theme: A relatively small group of mathematical practitioners – economic pirates — who created theoretical models which proved to be defective in practice.
The current frenzy centered on Cryptocurrency is likely another economic trap conjured up by economic pirates. The underground economy has been somewhat stifled by a 1969 decision of the U.S. Treasury to discontinue $500 and $1,000 bills. Can you just imagine an illicit $500,000 cash transaction conducted using $100 bills? Laundered money, converted into cryptocurrency, is the perfect medium through which to consummate the transaction. Drugs? Weapons? Real Estate? The sky is the limit.
Best I can tell, nothing in the Florida bill addresses the basic issues which American adults need to be aware of. A good understanding of fundamental economic principles is the foundation of a comprehensive financial and economic education, and I don’t think those concepts are imbedded anywhere in this Florida legislation.
Sadism in Tallahassee
March 5, 2022
Elected Officials Running Amok
Today, Florida is the third most populous state in the U.S.: 21.5 Million and growing.
Florida has an elected, part-time legislature that seems to evoke the historic governance needs back when Florida had a post-WWII population of 2.5 Million.
How can it be that a particularly malignant cabal of ignorant, callous and wicked creatures was elected to state office in Florida in 2021?
Satan apparently had a mission for them: Enact atrocious legislation to further torment Florida residents who are poor and/or downtrodden.
The Florida Legislature meets in session every year for sixty consecutive days. That’s it.
In contrast, Tennessee has a population of about 7 Million, with an elected legislature that meets for 90 session days over a two-year period.
Arkansas, with a population of 3 Million, closely mirrors the Florida model, except it has a much broader scope of representation per capita.
The Florida Legislature managed to propose and pass a number of specious bills during their 2022 Reign of Error.
One of the most egregious bills passed by the Florida Legislature in its 2022 session – known as CS/HB 5: “Reducing Fetal and Infant Mortality” – is a clever ruse orchestrated by hard-core religious zealots which will primarily have adverse impact on socially and economically disadvantaged women, generally members of a protected class.
Florida Governor Ron DeSantis is a cum laude graduate of Harvard Law School, so it seems clear he is aware of the focus Harvard Law has placed on Reproductive Rights. Through his legal education, he has been exposed to a deep and intimate knowledge of Disparate Impact, the legal theory which helps to examine the effects of laws or practices which appear on the surface to be nondiscriminatory, but which have in practice a disproportionately negative effect on members of legally protected groups.
Certainly Gov. DeSantis is entitled to embrace his own personal values, beliefs and opinions. But, he is not entitled to use his position as an elected official to impose his personal values on the people of Florida.
We would expect that if CS/HB 5 <or a similar bill> should come to him for approval, he would veto it.
Yet, as of this writing, media sources predict that Gov. DeSantis will sign the bill into law.
Ron DeSantis: Enemy of the People
February 1, 2022
Ron DeSantis: ‘We are right, and they are wrong.’
Ron DeSantis is a bully, and he has proved to be an awful Governor.
DeSantis thrives on political theatre, and he specializes in public events which use inflammatory tactics to rally a base of confused, uninformed and/or angry voters.
Since taking office in January 2019, DeSantis has:
- Signed a sweeping voter suppression bill into law, citing baseless claims of fraud in the 2020 election.
- Proposed a special police force to oversee state elections — the first of its kind in our nation — intended to protect Florida from nonexistent threats.
- Opened pop-up COVID-19 vaccine sites in wealthy Florida neighborhoods where his donors live.
- Let nearly a million COVID-19 tests expire.
- Appointed a science and medical contrarian (Lodapo) as Florida’s Surgeon General.
- Occluded Florida COVID-19 data by firing DOH scientist (Jones), then sending armed tactical police to raid her personal residence.
- Actively promoted the use of monoclonal antibody treatments as an alternative to vaccine.
- Consistently refutes FDA guidance creating confusion and putting Florida residents at increased risk from COVID.
- Orchestrated a fundraising tour across America while the Delta variant sickened and killed Floridians.
- Signed laws restricting abortion access (2020).
- Supports an oppressive abortion bill (SB 146 and HB 5) like the one in Mississippi.
- Urged the U.S. Supreme Court to overturn Roe v. Wade.
- Refused to accept that climate change is an existential threat to our state.
- Failed to prepare Florida’s coastal communities for rising sea levels and stronger hurricanes.
- Ignored the “red tide” algae bloom that scares off tourists, risking the engine which supports 1.6 million jobs and contributes over $96.5 Billion to the Florida economy.
- Actively and aggressively created tension in our public education system resulting in a mass exodus of teachers and staff from Florida schools beginning in spring 2020.
- In 2021, he targeted eight large school districts for defying his order prohibiting schools from enforcing mask mandates, helping to create toxic conditions for school district superintendents. This led to highly politicized and public confrontations and an unusual exodus of qualified and experienced leadership.
This is Ron DeSantis. He currently is Public Enemy Number One in the State of Florida.
walrus51 