John T. Reed’s news blog

This is a collection of recent posts on my Facebook account..It is a great mystery to me, and maybe most other men, why many beautiful women choose men who are not attractive as their spouse or boyfriend. Felicity Huffman, who is a TV star albeit not that great looking, has a husband who looks like a homeless guy, even when he’s wearing a tux. (William H. Macy of Fargo fame) Lori Loughlin, who IS great looking, is married to another old homeless guy. (American clothes designer with an Italian first and last name? He was formerly good looking.).I guess one...

Further evidence of the idiocy of Main Street investors: The Lyft IPO indicates that company is worth $26.5 B..The following phrase appeared in the WSJ 3/30/19 article about the Lyft IPO: “...both [Uber and Lyft] still post big losses, but their revenues are growing sharply.”.That statement shows the idiot mentality. The word “but” implies that “revenues growing sharply” render “posting losses” no problemo. Bull. .There have been cases where a company with a combination of long loss periods and high growth eventually became profitable—mostly Amazon. But more often, companies that produce nothing but losses during their initial decade or decades should not attract...

An op-ed by Martin Feldstein in today’s WSJ says what I keep saying since the first edition of my How To Protect Your Life Savings from Hyperinflation & Depreciation came out in 2010: The federal government is financially doomed by growth of entitlements—Medicare, Medicaid, and Social security. The article is “The Debt Crisis Is Coming Soon.”   But no one listens. I keep pointing out the various article like this where someone more famous than I says it. Why do they not say it louder? No one wants to hear it. Why do they say it at all then? Because...

The current scandal about parents using six-figure bribes and fraud to get their kids into elite schools raises again the question are these schools worth it. Or exactly how much are they worth?One article I saw put the incremental value of a top Ivy or Stanford degree at $800,000 more in salary over the first 10 or 20 years. I am not buying that. You can go to work for investment bankers or other such top salary-and-bonus Manhattan operations. And your making hundreds of thousands more salary than other jobs is probable if you do that. But I and many, maybe...

60 Minutes tonight had a segment about a bunch of kids who have been suing the federal government over climate change. Where? Oregon. Where else?.First, I can play this game, too. My issue is deficit spending and the national debt. Don’t need no scientists. Just a pocket calculator. And I’d be glad to use the same liberal parented kids as my plaintiffs,.The female lawyer star talks out of the back of her throat to sound like a child, like Blasey-Ford, and lip-biting Bill Clinton..They said things that I had heard were the opposite of the truth. For example, that the...