MY HEALTH / TRUMP’S HEALTH

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Yesterday morning, I felt terrific. Later in the afternoon, lousy again.

Not the usual problems that had knocked me on my ass this week. Merely pain. Stomach pain. Here, there and everywhere. Stayed with me till about 4 this morning. Got no sleep.

I know I am healing. Forced myself to eat a light meal last night. Kept it down, enjoyed it.

Which brings me to Donald Trump and his health.

I am 83 and in relatively good shape….so my doctor’s tell me. Losing the 62 pounds helped. Trump is 72 years old. A fat ass. He should lose 62 pounds. Or, he might not be here at 83.

The Presidency requires extraordinary physical strength and stamina. It’s go, go, go.

Trump looks like a walking advertisement for a heart attack. His life style adds to it. His daily lunches of MacDonald cheeseburgers don’t help. His LDL cholesterol level has to be at the scary level.

I may not agree with Trump philosophically. However, I wish him no evil. He better get on a healthy regimen if he wants to finish his term, see Barron marry, etc.

Were you aware Key West has a nun cemetery? I did not know. Picked up on it this morning in the Shoestring Weekends blog.

The cemetery is located in the Gardens of the St. Mary’s Star of the Sea Church. Eighteen ladies of God lie there. The cemetery area is gated. A sign above the gate reads: Our Lady Of Lourdes Pray For Us.

There is a bust of a nun near the entrance. Appears to have been there for ages. Black hooded, her face pale. Pale enough to look ghostly.

Only nuns who have serviced the parish and school may lie there.

Stock Island is maturing. Its identity developing. Turning into a playland.

Tomorrow night at sunset a holiday tree lighting ceremony. At Fishbusterz on Maloney Avenue.

Former Congressman Ron Paul always watched the buck when in Congress. He opposed waste.

Paul says the military budget is out of control. Presently, $2.7 trillion. He claims spending could be 75 percent less and still keep us safe.

The Pentagon’s pissing money away has nothing to do with defense. He claims the money is wasted “prepping up” the lifestyles of those connected to the military industrial complex.

Recall Eisenhower warned us. In his speech when leaving the White House, he warned: “Beware of the military industrial complex.”

I have warned over the past several years of military waste. Billions cannot be found in an audit. Something amiss.

Franklin Roosevelt was confronted with a fear of wasteful military spending. It was 1940 and World War II was around he corner. The U.S. had started gearing up for it.

In March 1941, the Truman Committee was formed. One of Key West’s favorite people appointed to head it because he was honest and a penny pincher. Harry Truman.

The Committee was bipartisan. Never a problem. All votes unanimous.

The Committee began with $10 billion in defense contracts. Its responsibility to look out for waste, inefficiency and war profiteering.

A time, responsibility and attention to duty long gone. A different breed of people. Probably never to return again.

Big Syracuse game at noon. Football against Boston College. In Boston. For years, every other year when the game was played in Boston, a caravan of couples would drive to Boston for the weekend. Fun!

Boston favored by 7.

Thirty four years ago on this day, Boston College was playing Miami in the Orange Bowl. With 20 seconds left, Miami scored a touchdown to go ahead. With close to no time left on the clock, Boston quarterback Doug Flutie threw a Hail Mary pass. Let it go and hope!

Caught by his teammate and roommate Gerard Phelsan. Boston College won 47-45.

I missed that game.

An economist I am not. However I have lived a long life, made some money, lost some money, learned. I have been predicting a major recession for the end of this year or the beginning of next.

Since early in October when the DOW was at an all time high of 26,951.81, it has dropped 2,500 points. Significant.

Most economist are predicting a recession by the end of next year or early 2020. They also predict it could occur anytime if the DOW drops below 2000.

Causes include Trump’s tariff wars, interest rates on the rise, and Trump’s overall instability in world matters.

Note any recession will be worse than 2008 and probably worse than 1929. The whole world will be affected.

Enjoy your day! I am not sure yet which direction mine may take.

 

 

 

 

 

 

 

 

 

 

 

 

SCHOOL GRADUATION RATE DISGUSTING

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This morning with us facing a crashing market and Trump issues all over the place, I deem what is occurring with the local education system more important.

I learned yesterday that the Monroe County School District graduation rate for 2016-7 was 79.2 percent.

Disgusting!

Parents, the community and the School Board should consider the number unacceptable. And do something about it!

The problem has to have existed for a number of years. To the School Board I say what is happening in the classroom is more important than housing. Get your priorities straight! The kids come first!

School officials say there is cause for celebration. The percentage is a bit higher and close to the State’s. The State graduation level also sucks. 82.3 percent.

I have a selfish interest. Robert and Ally shortly will be attending the Key West High School. Thus far they have been educated by Montessori. I am impressed at the degree of knowledge they have acquired. I do not want it to stop when they enter high school.

The Dow dropped 665 points friday and 1,100 plus yesterday. Wow!

Trump keeps taking credit for the market. I felt the market’s meteoric rise could not continue. At 82, I have seen similar markets in my life time. I said and wrote last year that the market could not sustain itself. There would be a crash. I thought it might occur by the end of last year or early this year.

I spoke of an impending crash last week in one of my Key West Lou Live Videos. Suggested it could occur anytime. If not the immediate future, sometime into the year.

My reasoning simple. What goes up, must come down. Especially a market that moves with abnormal swiftness. Everyone getting rich thinking there is no end to the success.

I referred to Trump at the time as the Herbert Hoover of 2018. So certain I was that the market would take a dive.

It began friday. Continued yesterday. Probably will continue today. The European and Asian markets went down during the night. Our misfortune affects the world.

The market corrects itself. No one knows precisely why. The market is like a person in certain respects. If it gets too rich, it regurgitates. Pukes. That is what it is doing now. It will continue till the market feels it has reached a price correction.

To place the market’s meteoric rise in proper perspective, lets look at a couple of numbers.

The market rose 1,900 points in the first 18 days of this year. Since Trump’s election, the market has risen 8,300 points. Mind boggling increases. Not normal. Shades of 1929.

Since Trump took credit for the market’s rise, I am curious to see how he handles its nose dive.

Pelosi’s fault? Democrats? The FBI’s?

A term rarely heard. Part of market jargon. The dead cat bounce.

Market lingo for a recovery after a market decline based on fundamentals. Some people buy in at a time referred to as dips. Investing for a quick profit. Makes everything look peachy and wonderful when it is not. The market is moves upward a bit. After the quick profit is taken, the market goes back down.

Last night a quiet one for me. Dueling Bartenders at Aqua and dinner at the outside bar at La Te Da.

Tom Luna missing last night. Bobby Nesbitt sitting in for him. Not a band substitute.

Aqua Idol tonight! Lynda Frechette’s baby. A fund raiser for the Waterfront Playhouse. Great singing! Big crowd! Fun!

My podcast tonight. Tuesday Talk with Key West Lou. So many things to talk about. I have notes covering 23 topics. I am lucky if I get 10 in.

Join me tonight at 9. The show’s following grows weekly. Amazing! I even have national sponsors! www.blogtalkradio.com/key-west-lou.

Enjoy your day!