Short takes...
---Elon Musk sent a tweet today calling out Jim Cramer on some issue. That allowed the blowhard Cramer to act like he was a player of consequence. Musk is losing it for some reason, as he takes issues raised about Tesla personally. Meanwhile his SpaceX achievements are just bizarrely remarkable, out of this world. Wish I could go back in time and offer some investor and public relations advice.
---The media ready economists, pundits, and some pols look at the solid first quarter GDP growth and the opportunity for job and wage growth as signs that all is well with the world. Meanwhile, back at the ranch, aggregate numbers do not reflect the broad problems with this society. What kind of jobs and what kind of wages? $15 an hour, whoopee we're all gonna die. Ray Dalio of Bridgewater Capital is the clearest intelligent voice in the investment community on this issue.
---Citibank was for years viewed as bank of fiefdoms, such that mismanagement was rife. Little has changed it seeems. After almost two years, today I finally was able to get a credit card that was no longer needed cancelled. Phone calls endured, documents sent, and for the last two months tortured by daily robo calls on the issue that left a number to call that was answered by robots. Today, finally I hope, the disheartening calls were finally put to an end. Believe it or not, I just kept saying supervisor, then yelling supervisor into phone, and finally some kind of grace intervened. Just 30 more minutes on the phone and finally the calls for Kathy will stop.
---And now for today's the mattress saga, highly abbreviated. It is unclear if quality mattresses are made anymore, or at least offered for sale here. After an autumn foray with Raymour and Flannigan, a Long Island furniture empire with all of the integrity of Fifth Avenue camera shops, the corporate Macy's nearby was determined to be the answer. Stearns and Foster was purchased in December without regard for getting a bargain, and what was meant to be ultra firm would may have passed muster in Motel 6. Returned that in March for a supposed major upgrade but still not quite right, and last night it just imploded at 4am. So a long day of phone calls and transfers followed and resolution seems unclear near term. Corporate rigidity, rules, and scripted responses. The "craftsman" can come on Tuesday(Wimpy) I may as well have been talking to India. A time stamp message was left on my attorney's machine, silly maybe?. American quality?
---Meschiya Lake's short Jazzfest video today with baby daughter Scoots and her hubby is worth watching. They are so happy. Find it if you can.
---The media ready economists, pundits, and some pols look at the solid first quarter GDP growth and the opportunity for job and wage growth as signs that all is well with the world. Meanwhile, back at the ranch, aggregate numbers do not reflect the broad problems with this society. What kind of jobs and what kind of wages? $15 an hour, whoopee we're all gonna die. Ray Dalio of Bridgewater Capital is the clearest intelligent voice in the investment community on this issue.
---Citibank was for years viewed as bank of fiefdoms, such that mismanagement was rife. Little has changed it seeems. After almost two years, today I finally was able to get a credit card that was no longer needed cancelled. Phone calls endured, documents sent, and for the last two months tortured by daily robo calls on the issue that left a number to call that was answered by robots. Today, finally I hope, the disheartening calls were finally put to an end. Believe it or not, I just kept saying supervisor, then yelling supervisor into phone, and finally some kind of grace intervened. Just 30 more minutes on the phone and finally the calls for Kathy will stop.
---And now for today's the mattress saga, highly abbreviated. It is unclear if quality mattresses are made anymore, or at least offered for sale here. After an autumn foray with Raymour and Flannigan, a Long Island furniture empire with all of the integrity of Fifth Avenue camera shops, the corporate Macy's nearby was determined to be the answer. Stearns and Foster was purchased in December without regard for getting a bargain, and what was meant to be ultra firm would may have passed muster in Motel 6. Returned that in March for a supposed major upgrade but still not quite right, and last night it just imploded at 4am. So a long day of phone calls and transfers followed and resolution seems unclear near term. Corporate rigidity, rules, and scripted responses. The "craftsman" can come on Tuesday(Wimpy) I may as well have been talking to India. A time stamp message was left on my attorney's machine, silly maybe?. American quality?
---Meschiya Lake's short Jazzfest video today with baby daughter Scoots and her hubby is worth watching. They are so happy. Find it if you can.
posted by John Borden at 5:14 PM
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