What Annoys Jeff this Week?

1. Explosive pagers. Look, the Israelis having the wherewithal to make pagers, radios, and cell phones explode across the region on command is an undeniably slick piece of work. I’m in awe. I’m also suddenly very aware of exactly how many bits of electronics I have in close proximity to me every minute of the day… including the AirPods literally sticking into my head. I’m duly uncomfortable about this new tactic that’s now getting widespread attention thanks to its apparent effectiveness. It’s not something I’d want to see sweeping the world in the future.

2. Shutdown talk. It’s the magic time of year when the media is floating talk of a government shut down when funding expires at the end of September. All they’re going to do for the next two weeks is get my hopes up that a few free days of vacation time are in the offing before the political class pulls out a “save” at the last possible moment and we all boot up our computers on October 1st as usual. Years ago, I was more bitter about the prospect of a shutdown. Now that my finances are considerably more stable and the prospect of missing a check isn’t a stark raving nightmare, all I can tell these bubbas who want to shut it down is “bring it on.” I look forward to yet another opportunity to mock them mercilessly for being consistently unable to do one of the very few jobs that they’re required to do under the Constitution. If they’re going to be so incompetent, giving federal employees worldwide a few extra days off in the fall feels like the least they could do. Of course, until that sweet furlough notice shows up in my inbox, it’s all just talk.

3. Interest rate cuts. In keeping with my tradition of being a contrarian, I’m a little sad to see the Federal Reserve start cutting rates. Yes, I’m sure it’ll be good for anyone looking to buy a house or car and is a sure sign that the Fed thinks the worst of the inflationary pressures is over… but for the first time in my adult life, there was a reasonable return for cash parked in a “high yield” emergency savings account. Another few quarters of cutting and it’ll be back to looking for other savings options that preserve liquidity, compensate for inflation, but don’t introduce additional risk. Those 5% interest rates were good while they lasted.

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Published on September 19, 2024 15:00
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