CHEATING DOESN’T PAY…..CAN BE COSTLY

Our laws are derived from English law. Going hundreds of years back. Referred to as the Common Law.

One of the laws from days of old was referred to as alienation of affection. A lawsuit brought by a deserted spouse against a third party who is blamed for the failure of the marriage. In short, one spouse cheats and the cheating spouse falls in love with that person. He/she leaves her spouse for the other.

Alienation lawsuits don’t seem to fit into thinking in the U.S. the past 100 years. People want to play and not pay.

As a result, most States threw out alienation of affection as a ground to recover money damages. Only 7 States permit such lawsuits today: Hawaii, Illinois, New Mexico, North Carolina, South Dakota and Utah.

A recent North Carolina case evidenced the danger in stealing another man’s wife where the law permits a dollar recovery. The man who cheated with the husband’s wife had a judgment returned against him for $8.8 million.

An expensive piece of ass!

Good time at the Chart Room last night. John bartending. Kevin, Holly and David at the bar.

Larry Smith and wife Christine showed up. I have never seen either in the Chart Room. They were entertaining visiting family and friends from Pennsylvania.

The Pier House’s Wine Galley was Larry’s room. He entertained there for more than 10 years. Music and drink. The room generally filled. The Wine Galley several years ago was turned into a restaurant. Sad. Larry gave the Wine Galley a magic touch. Difficult to replace.

The Blue Macaw afterwards for chicken wings and a drink. Paul and Ron at the bar. Good food and good company.

The Key West weatherman is at it again. Hot today with widely separated thunder showers. He advises, “Pick your favorite storm.”

Tomorrow night will be partly cloudy with a thunder shower. He said, “Plants drink free.”

The Federal Reserve is concerned about inflation. They have suggested interest rates might be raised slightly.

Trump is concerned with inflation also. He does not want interest rates raised. He claims the economy is good and he wants to keep it good full throttle.

The danger with a rising economy is inflation. Interest rates are raised to cool the economy a bit.

The inflation of concern to the Federal Reserve is minimal. Not everywhere, however. Venezuela inflation rose 60,000 percent this past year. A cup of cafe con leche costs over 1 million bolivar.

Things are tough in Venezuela!

Yesterday, Trump announced the GDP (Gross Domestic Product) had risen to 4.1 percent in the second quarter of 2018. Admirable! Trump to be congratulated. The highest the GDP has been since 2014.

I find it difficult to accept the 4.1 percent GDP. The GDP is a composition of figures/numbers. Not saying the Trump people would do this, but numbers are easily manipulated to produce a desired result. A fudged result. A form of lying.

Even if valid, where will the GDP be in 6-9 months when the impact of the tariff wars hit? Not even close to a 4!

Trump also advised yesterday that 3.7 million new jobs were created. The highest ever. Not correct.

In the 19 months beginning December 2016 and ending June 2018, 3.7 million new jobs were added. Compare that figure to the 4.3 million jobs that were added in the 19 months before Trump’s election.

I fear for the economy. I have been predicting a recession next year. The market is overinflated. The impact of the tariff wars not yet experienced. Corporations are not pouring their tax savings into employee pockets. They are instead buying up the company’s stock.

Madeleine Albright’s Fascism brings to a reader’s attention a reason why authoritarian figures rise: “Men and women who had despaired of political change suddenly felt in touch with the answers they had been seeking…..rallies, where they discovered kindred souls keen to restore greatness to the nation.”

We continue to live in a society where the rich get richer while the poor poorer. The economy is going to be the major issue in November.

Trump has surrounded himself with the rich.

One example is Education Secretary Betsy De Vos. It was reported her $40 million 163 foot yacht was set adrift by vandals at a Northern Ohio Marina. A pic ran with the article. The yacht is 3 stories high.

The Secretary’s husband is former CEO of Amway. Their combined net worth estimated at $1.3 billion.

The Secretary’s brother is Eric Prince. Prince of Blackwater fame. He provides contract soldiers (mercenaries) to our government. For a fee, of course. He presently has another company doing the same work. If I recall correctly, a Prince company helped provide shelters and care for the immigration children taken from their parents.

The Secretary’s father a person of affluence also.

Forbes listed Dad’s family (father, daughter Betsy, son Eric, etc.) as the 88th richest family in America. Their net worth estimated at $5.4 billion.

BOB tired. He said writing yesterday’s article on Fantasy Fest Nudity took a lot out of him. He needs to rest.

Enjoy your day!

 

 

4 comments on “CHEATING DOESN’T PAY…..CAN BE COSTLY

  1. I would agree with you that something about the numbers coming out of Washington these days do not seem to add up with various things that have to do with what these reports are suppose to summarize. Trump has now been in office long enough that if you work for the government you know you’d better do as your told, or you are out. He’s made that clear and that now taints everything, everywhere. Something is not right Lou. This guy Trump is so like Captain Edward Smith in so many ways.

    • Bob Smith a Key Wester and friend now long dead. Well liked. One of those whose ashes sit in the Chart Room bar. A comedian of sorts. He wrote a book titled BOB back in the mid 1990’s. Funny. Did not sell. He had hundreds of copies sitting around his home. Gave me one. I returned to his book recently and decided to share some of his thoughts with you. Everything Bob wrote was with tongue in cheek.

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