Or is it simply misdirection by the Media? Think back a few years BT (Before Trump) and it seemed that chaos ruled the day. Then the chaotic Trump became the focus of the day. He has mostly left the stage.
Now every global distraction makes headlines and the right claims it is misdirection to prevent focus on Biden. There may or may not be truth to any of this... that is contingent on a political point of view. If the media is trying to distract from Biden, they are sure doing a p$$$ poor job. He is the President and the buck stops there.
Iran, Syria, Afghanistan, Iraq, North Korea, Russia, Venezuela and China existed BT. China makes the news more than it did BT. Afghanistan is being scrubbed from the news. Iraq coverage is nearly non-existent. Russia is about the same as BT, as is Venezuela, North Korea and Iran. Syria popped up today and I had forgotten about it.
About the only thing I can say is... Trump provided comic relief from the ills of the world. Somehow that doesn't seem right.
Mortgage Rates...
Seems to be going higher and might impact the housing market. This is due to the possibility of the FED reducing purchases of mortgage backed securities. If interest rates were seen to be rising, the push will be on to finance before rates go up further, imo.
That was once considered the rule. Buy something in today's dollars and pay it off when the future dollar is cheaper... relative to inflation.
Rationing Healthcare...
Apparently, due to being overwhelmed with covid, Alaska has implemented rules where Hospitals can now ration healthcare. Insurance companies had been doing that since... oh the beginning of health insurance. That is probably not a popular statement, but you know it is true.
It isn't an election year.
I ran across this on the AP Website... AP: States and cities slow to spend federal pandemic money.
All manner of high sounding reasons were given for the limited usage of the pandemic money. They want to be sure it is spent wisely, it would be frivolous to just throw it out there, etc.
I'm sure it will be sorted out and spent before the run up to the next election. People would forget about it, if it were spent now. But imagine the photo opportunities for politicians seen cutting ribbons or handing out really giant checks during the election campaign. Free publicity is the best publicity, imo.
Think I am being cynical? Doesn't mean I am wrong.
