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FED PT. 2: LOW INTEREST RATES + GREED = A DEADLY COMBINATION

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BY DAN VALENTI

PLANET VALENTI NEWS AND COMMENTARY

Second of Two Parts

(FORTRESS OF SOLITUDE, WEDNESDAY JAN. 5, 2022) — Low interest rates. Sounds good, until you look at the harm inflicted.

Modern economies exist because money moves around. THE PLANET gets that. What we don’t get, and perhaps it’s because we grew up around people who remembered and lived through the Depression of the 1930s, is reckless borrowing — fashioning a life and a lifestyle on money you don’t have.

From bankrate.com: While credit has increased Americans’ purchasing power — helping them buy homes, cars and other goods — it’s also normalized debt across the U.S.

As of September 2021, consumer debt is at $14.96 trillion, with the average American debt among consumers at $92,727.

The overall debt figure includes credit card balances, student loans, mortgages and more. Here’s a closer look at debt across the U.S. by type of account using data from Experian’s 2020 Consumer Credit Review.

Snapshot of consumer debt

Type of debt Average debt in 2020
Credit card $5,315
Personal loan $16,458
Auto loan $19,703
Student loan $38,792
HELOC $41,954
Mortgage $208,185

———- ooo ———-

Low interest rates and newly printed cash combine to create a fatal poison similar to heroin. Ingesting or injecting the stuff creates a blissful but temporary euphoria that lasts only until the next hit. Then the next. Then the one after that. Pretty soon, you’re chasing the high, needing more and more junk just to feel “normal.” At that point, you’re hooked, which is where America is, financially.

Yes, the U.S. is still the #1 world economy, but China has all but closed that gap. By some measures, China has overtaken us. Within five years, China will be in across-the-board first place, if it’s not already. The Chinese approach to economics deserves an entire series on THE PLANET. Under the expert leadership of Xi Jinping, China has combined the best of capitalism (free enterprise) and communism (social security), allowing all forms of capital to equally compete in the financial markets. Clearly, this is not your grandfather’s China.

———- ooo ———-

Low interest rates encourage foolhardy borrowing. If you borrow money at, say, 2% and invest in an asset that brings in a 20% profit after you flip it, you make 18%. In the 2000s, homeowners could resist their greed. They saw a house not as a domicile but as a rising asset and “sure thing” investment, purchased not to put down roots but to keep for two or three years then sell at an inflated price. And, voila!, the next thing you know “ol Jed’s a millionaire.”

Except there’s no such thing as a “sure thing.”

Asset bubbles are great but have just one drawback: they burst. We all know what happened in 2008. Greedy speculators, disguised as homeowners, claimed they didn’t understand the terms when they borrowed for a house. They were “victims, you see.” Under Obama, with the welfare state building up serious steam, few thought to ask these money lovers, “Well, why did you sign the frick’n contract if you didn’t understand it?” They understood greed, though.

So did the investment bankers, who found new ways to bundle debt to create “products” that relied on the assumption that prices would keep going up.

———- ooo ———-

Money always “looks for a place to go.” Flood the market with too much new cash, and you have inflation, the gleeful assumption of cheap debt, and the expectation of reaping huge profits. Banks love lending low-interest money because it sees collateral as an asset also rising in value. This leads to far too many risky loans made to people and entities that can’t afford them and aren’t sustainable in realistic financial conditions. They borrow but then can’t pay back. That’s when politicians and officials find the Kapanskis useful. They’re the ones with the bailing buckets.

We can learn from the Fed’s action as the 1970s came to a close. It raised interest rates to 10% in 1979 and 20% in 1980. The moves successfully fought asset and price inflation.

However, don’t count on such courageous action today. The Tom Hoenigs and Chuck Trzcinkas of the economic and political world come along far too infrequently. They’re the ones on the short end of the 11-1 votes, or in the case of Pittsfield automaton city council, the 10-1 and 9-2 votes.

As for Sen. Granny Elizabeth Warren, who has never once voted to reel in government spending, well, she’s proven more of a space shot than the entrepreneurial Elon Musk, a brilliant entrepreneur who has actually succeeded in literal space shots.

Excuse us now. THE PLANET is going out back to start our bonfire of vanity. We shall be burning our piles of cash.

That’s how much we’ve come to loath this fiat currency.

———————————————————————————–

“To bee or not to bee; it all depends on how much you love honey” — Sir Donald Turpentine, Knight of the Bath.

“OPEN THE WINDOW, AUNT MILLIE.”

LOVE TO ALL.

(c) 2021 By PLANET VALENTI & EUROPOLIS MANAGEMENT. All right reserved. The views and opinions expressed in the comment section or in the text other than those of PLANET VALENTI are not necessarily endorsed by the operators of this website. PLANET VALENTI assumes no responsibility for such views and opinions, and it reserves the right to remove or edit any comment, including but not limited to those that violate the website’s Rules of Conduct and its editorial policies. Those who leave comments own all rights to those comments. They remain solely responsible for what they post and shall be and remain solely accountable for their words. PLANET VALENTI shall not be held responsible for the consequences that may result from any posted comment or outside opinion or commentary as provided in, but not limited to, Section 230 of the Communications Decency Act and this website’s terms of service. All users of this website — including readers, commentators, contributors, or anyone else making use of its information — hereby agree to these conditions by virtue of this notice and their use of/participation in this website. When PLANET VALENTI ends with the words “The Usual Disclaimer,” that phrase shall be understood to refer to the full text of this disclaimer.

 

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Jonathan A. Melle
Jonathan A. Melle
17 days ago

Joe Biden’s spending tens of trillions of federal dollars is unheard of. PAC Man Richie Neal won’t raise federal revenues to pay for Biden’s Bucks. After 9/11/2001, Bush 2 and Dick Cheney cut federal taxes 3 times, and they used “The War on Terrorism” to borrow trillions of federal dollars to pay for the Military Industrial Complex, which was called “Guns and Butter” economics. Obama inherited the worst economic recession of 2008 since the Great Depression in the 1930s, and like Bush 2, Obama bailed out Wall Street’s casino-like financial shell games with trillions of federal dollars. Foreign banks in Europe and Asia who did business on Wall Street even received bailouts from the Swamp back then. Then Donald Trump signed the single largest federal tax cut in U.S. history, and he added nearly $8 trillion to the U.S. National Debt during his 4 years as U.S. President. Then, Joe Biden signed and wants to sign the single largest federal spending bill(s) in U.S. history. No matter what happens in the real economy, the financial system operates in a rigged “Heads the Haves win, Tails the Haves still win while millions upon millions of American families lose” financial shell game. Critics say that the real Capitol Hill is on K Street whereby corporate lobbyists legally bribes corrupt career politicians such as PAC Man Richie Neal in the Swamp. I think of it as a rectangle where the Federal Reserve gives the Swamp trillions of dollars who gives most of it to Wall Street who gives part of it to Foreign Banks in Europe and Asia. The problem with the financial shell game “rectangle” is that none of it goes to the people the Government is supposed to serve, which guarantees that “The Rich always get richer, and the Poor always gets poorer”. To be clear, the Ruling Elites, the Financial Elites and the Corporate Elites receive all of the income gains, while the rest of us feel lucky to cut even and save a few dollars, while the huge underclass always grows larger as the years go by. GREED = ELITES!
Jonathan Melle

Hated Taxpayer
Hated Taxpayer
Reply to  Jonathan A. Melle
17 days ago

You voted for Biden

Dirty Harry
Dirty Harry
Reply to  Hated Taxpayer
16 days ago

He voted for Biden and anyone else with a D in front of their name. That’s all that counts to him.

The school committee
The school committee
Reply to  Hated Taxpayer
16 days ago

Was there another choice…..fascism backed by Putin is not a choice….ignorance of history.

Shirleyknutz
Shirleyknutz
Reply to  The school committee
15 days ago

Don’t worry Hunter isn’t in office but I understand he is keeping busy with his Russian connections

Shirleyknutz
Shirleyknutz
Reply to  Jonathan A. Melle
17 days ago

You forget the meltdown that W inherited from Billy Bob from Arkansas. Try to paint a large picture instead of sticking to your narrow mantra. I agree China choo choo Neal is in over his head and is just a pawn following Pelosi and Schumer

Jonathan A. Melle
Jonathan A. Melle
Reply to  Shirleyknutz
17 days ago

True dat. Bill Clinton and Monica Lewinsky turned the Oval Office into the Oral Orifice. Bill Clinton had 26 flight log entries on Jeffrey Epstein’s private jet. Bill Clinton deregulated Wall Street, which led to casino-like institutional investment banks melting down the financial system in 2008. Bush 2 got all of the blame when PAC Man Richie Neal and his corporate Dems in the Swamp were cashing in with K Street Lobbyist Firms. To be fair, Bush 2 openly said that the financial and corporate elites were his base, which means that he gave away the proverbial store to Wall Street. Lastly, both the Republican and Democratic Party leaders in the Swamp voted for bailing out Wall Street and foreign banks in Europe and Asia, which was outrageous!

Sean Sullivan
Sean Sullivan
Reply to  Jonathan A. Melle
17 days ago

You voted for Clinton

Jonathan A. Melle
Jonathan A. Melle
Reply to  Sean Sullivan
16 days ago

Please don’t tell the Ghosts Bob Dole and Jack Kemp; thanks.

Mr. Fritz
Mr. Fritz
Reply to  Sean Sullivan
16 days ago

ClintonS, plural.
And I’m sure he’ll vote for Hillary in 2024.
Marxists love dependance on the government for their daily needs/wants, and the elimination of God & faith from the public square.

Dirty Harry
Dirty Harry
Reply to  Mr. Fritz
16 days ago

Fritz,
Read Marcuse’s essay on “Tolerance” in action, the blueprint for the Democrats who talk about “democracy” while meaning communism. You cannot begin to fight this frightening ideology without reading Marcuse and substituting “communism” for “democracy” every time he mentions it. You’ll also pick up the strategies the communists are using to subvert the values of the founding fathers by use of linguistic violence, a strategy to demand belief in the supranatural, that men can be women and all that associated
nonsense.

Mr. Fritz
Mr. Fritz
Reply to  Dirty Harry
16 days ago

Dirty,
Right you are, I agree with you.
And I’m sure Marxist Melle has a copy of “The Communist Manifesto” by his nightstand.

Jonathan A. Melle
Jonathan A. Melle
Reply to  Mr. Fritz
16 days ago

Donald Trump likes God & faith less than Porn Star Stormy Daniels and Playboy Bunny Karen McDougal.

Mr. Fritz
Mr. Fritz
Reply to  Jonathan A. Melle
16 days ago

Dodge & deflect

Dirty Harry
Dirty Harry
Reply to  Jonathan A. Melle
16 days ago

You and TSC could make some good money as mind readers because you guys seem to know what everyone is thinking and feeling at any given time.

Annulgas
Annulgas
17 days ago

Speaking of China. The Chinese government is not restricted by rules or even public opinion. And less and less are they caring about International opinion. If they want to build a 500 mile high speed train or highway they just do it. There are no legal landowner or environmental challenges to hold them back. Their infrastructure is second to none. Their military is second to none. Their economy is fast becoming second to none.
Within the next five years they will not only be a world power, they will be the ONLY world power. They are already dictating how things are going to be on the world stage. A new world order is on the horizon and there seems little that can stop it. Certainly not divided and upside down America who is fast headed for third world status.

The school committee
The school committee
Reply to  danvalenti
16 days ago

Thought you guys said they lie.

fizzlehead
fizzlehead
17 days ago

https://ecode360.com/15970333?highlight=fee,fee%20schedule,fees,schedule#15970333

Holy crap….Pittsfield fee schedule…mind blowing extra city cost for almost everything you do….where does this money go?

Dirty Harry
Dirty Harry
Reply to  fizzlehead
16 days ago

It goes to this administration’s fantasy land of vibrant and dynamic.

Mr. Worldwide
Mr. Worldwide
17 days ago

Kevin Morandi is sucking on the taxpayer’s teat. The former councilor pays around $3,600 for real estate taxes. He sends his kid to Lee Public schools, costing taxpayers over $5,000 a year. On top of that, he now gets health insurance for life, costing taxpayers over $17,000 a year.

He used to claim that rising taxes drove people out. Costing your neighbors over $18,400 a year is part of the problem.

I wish he would move to Lee where he works and his kid goes to school. Then the cost would at least drop by $1,400.

He tells us to look over here while he is raping us behind our backs. What a con artist.

juicylucy
juicylucy
Reply to  Mr. Worldwide
17 days ago

Barre Barre REALY.

Annulgas
Annulgas
Reply to  Mr. Worldwide
17 days ago

Did you check to see what schools city councilor kids go to? How about all the Pittsfield school teachers kids? How about the Mercer employees or school committee? How about the rest of the city employees kids? What parent who loved their child would send them to Pittsfield schools if they had an option? All that says is that he loves his kid and wants him or her to have a decent education. I admire him for that just like I admire all the school administration parents who send their kids elsewhere. Pretty much a no brainer.

Mr. Fritz
Mr. Fritz
Reply to  danvalenti
16 days ago

Bravo Dan!

The school committee
The school committee
Reply to  danvalenti
16 days ago

Are you comparing them to some other suburban system

The school committee
The school committee
Reply to  danvalenti
16 days ago

Where are the ghetto schools Dan?

Lenny
Lenny
Reply to  Mr. Worldwide
16 days ago

Good for Morandi. I give him an A+ for brains!

Shittsfield
Shittsfield
Reply to  Mr. Worldwide
16 days ago

How long do you have to serve as councilor or school crimitte tonget health ins subsidized for life?

The school committee
The school committee
17 days ago

CREDIT Card debt is loan shark money.Student loans on Private college is crazy.Boston College is 80k.America is a ponzi scheme built on free labor.We are at the beginning of no more poverty wages.We value nothing important except extreme acute profit.Just look at our National Nursing home for profit problem.Wages attract workers for staffing.End of proble.Pay is 13 bucks to start.LOL

We The People
We The People
Reply to  The school committee
17 days ago

Please explain- like I said slavery.
Mumbet never was freed. She only switched masters, because of an assault welcome to slavery good morning

Annulgas
Annulgas
Reply to  The school committee
17 days ago

13 bucks and little or no benefits

Shirleyknutz
Shirleyknutz
Reply to  The school committee
16 days ago

TSC how can you continually be wrong. What is the minimum wage in Massachusetts? CNA’s make more than that and can get plenty of OT. If the Nursing Home owners are so wealthy why are they all closing? Try not to continually parrot the hate rag, broaden your reading and investigate what you want to right about.

12 Gauge
12 Gauge
Reply to  The school committee
15 days ago

Of all the nursing homes in the Berkshires very few are for profit. You’re just dumb.

Shittsfield
Shittsfield
17 days ago

Yet the government continues to hand out money like candy on Halloween. Just think of the waste across America. Little ole Shitfield gets 41 million plus a piece of the pie from the money the feds gave the state. extrapolate this across America. A complete and total grand pissaway. Yet between that, and the millions Lightweight Linda has pissed away on other things, she can’t find a plug nickel for a new police station. But she was okay with a new school we did not need, that replaced one built about 40 years after the police station.

The school committee
The school committee
Reply to  danvalenti
16 days ago

How about the Trump Coup Dan?That’s a REAL BIG CRIME resulting in 130 wounded police and 5 deaths. Fascist are 70 million strong and white…..they are ignorant

Shirleyknutz
Shirleyknutz
Reply to  The school committee
15 days ago

Where did you get your information TSC? Seems like your Arse! Although I think you are brainwashed so I am not sure if I should blame you for all the misinformation you espouse, surprised your allowed on any comment lines with the new hate rules in place

The school committee
The school committee
17 days ago

Linda Tyer convinced our City Council to raise taxes 10%.The council must.be all living in mommies basement for free

Ass Surtain
Ass Surtain
Reply to  The school committee
17 days ago

License Board dec 2o on hearing of another posssible violation at Meth bar? I’ll let you what they decide. Unless someone here knows already.

fizzlehead
fizzlehead
Reply to  danvalenti
17 days ago

She is still a highly regarded city councilor and I hope the license board takes this into consideration. It is not like she is some reglar run of the mill citizen. Give this poor woman a break for Gods sake!

Naming Ohnlee
Naming Ohnlee
Reply to  danvalenti
16 days ago

Yeah Dan,the verdict is not guilty. Just curious? What was the patrons blood Alchohol level? Or did they even get one? Two things happened here,the lady was possibly saved from a dui with a bad ending and was helped. Or,she was over served and there is one big cover-up. The bottom line was an ambulance was summoned? And that’s it ! The bar owner lucked out again.

The City I Hate
The City I Hate
Reply to  Naming Ohnlee
15 days ago

The Pittsfield cop, the extremely intoxicated woman was drinking with, and another Pittsfield cop made the decision not to test the blood alcohol level of the extremely intoxicated woman who was so inebriated she couldn’t stand up on her own, didn’t know her own name, didn’t know where she was, or where she’s lives. So, what we have is the integrity of Pittsfield cops, one of whom was drinking with the extremely intoxicated female drunk, habitual offender PepePuki, and the Licensing Board who so far has let Lucky METHBAR PepePuki on North get away with multiple violations. Including a shooting of an underage drinking patron in PepePuki’s METHBAR on NORTH. Why would anyone believe there’s a cover-up at PepePuki’s METHBAR.

fizzlehead
fizzlehead
Reply to  danvalenti
16 days ago

Yes she did. But has anyone told her yet cuz she seems to think she is still under the protective shield.

The City I Hate
The City I Hate
Reply to  danvalenti
15 days ago

Well, let’s hope no one sends Puki a singing telegram. She’ll take as an invitation to hop up on her bar again with her entourage of sewer barflies and twerk and grind to her screaming METH mouth video star lothario. Also, did Lach’s lounge lizard Stockwell have HIS bar stool moved from closed Lach’s lounge to the PepePuki’s METH Bar on North?

Gobsig
Gobsig
Reply to  fizzlehead
16 days ago

Yuki has made herself into a punchline.

Ham Anex
Ham Anex
Reply to  Ass Surtain
16 days ago

Her mentor and lawyer F. Lee Kushi got her out of this one but Yuki and all her female bartenders have to wear N95 bras until April.

fizzlehead
fizzlehead
Reply to  The school committee
17 days ago

Did she convince them or order them? Something tells me they did not exactly think twice when she gave them the budget. Those two Pete fellas do not strike me as independent thinker types. More like do what mommy says types.

Jonathan A. Melle
Jonathan A. Melle
Reply to  fizzlehead
16 days ago

What are Pittsfield’s proverbial Mary Jane and Joe Kapanski paying for in Pittsfield politics?:
* Level 5 inner city public schools
* Pittsfield always being in the top 10 cities in Massachusetts for violent crime, according to the FBI
* North Street sarcastically called “Social Services Alley”
* The neighborhoods that surround North Street sarcastically called “The Ring of Poverty”
* Record high municipal budgets that always increase municipal spending by 5 percent per fiscal year going back decades
* Record high municipal fees
* Tens of millions of dollars in municipal debts and hundreds of millions of dollars in other municipal liabilities
* The 23-year-old PEDA debacle with millions of dollars in growing liabilities
* Beacon Hill systemically underfunding Pittsfield’s city government and failing public school district
* The Swamp spending trillions of federal dollars that never seems to help out the post-industrial American Rust Belt, including post-GE Pittsfield
* An aging public infrastructure, 50 years of population loss, 50 years of losses of living wage jobs, and severe economic inequality in a distressed economy with the sitting Mayor, Linda Tyer, living in a mansion in a millionaires-only Gated Community within a few feet of the Hancock border
* The Good Old Boys and former WHEN Ladies who only enriched themselves and their cronies at the public trough
* Matt Kerwood’s Creative Accounting schemes and municipal financial shell games
In conclusion, the proverbial Mary Jane and Joe Kapanski should just get it over with and sign their financial lives over to the Lovely Linda for lousy municipal services and Level 5 inner city public schools.
Jonathan A. Melle

Shirleyknutz
Shirleyknutz
Reply to  Jonathan A. Melle
16 days ago

What do you expect when you vote in a bunch of liberals who never had a hard job in their life

Naming Ohnlee
Naming Ohnlee
Reply to  fizzlehead
16 days ago

They are Ruberto clones who do as they are told or no politico future. The current assignment is to say yes to the mayor and raise taxes and go forward. Unfortunately,Forward has a new meaning lately.

Jonathan A. Melle
Jonathan A. Melle
Reply to  Naming Ohnlee
16 days ago

Jimmy Ruberto says Hello to Pittsfield from Naples Florida, while Pittsfield says to him, please stay there and bring the former WHEN ladies with you.

The school committee
The school committee
Reply to  fizzlehead
16 days ago

White and Marchetti never talk about money.They are odd.

fizzlehead
fizzlehead
Reply to  The school committee
16 days ago

Bet they talk about all the hidden perks city councilors get. (some councilors) (embedded councilors)

laughingstock
laughingstock
16 days ago

Even the south county wingnuts agree Harrington is too much of a screw up.
https://theberkshireedge.com/editorial-berkshire-da-invites-dissent-and-challengers/

Dirty Harry
Dirty Harry
Reply to  laughingstock
16 days ago

Speaking of things not working out just like things for our da and her reform bs.

California Dem flips on party over smash and grab robbery epidemic.

What’s the problem I thought far left liberals liked wealth ?

https://hotair.com/jazz-shaw/2022/01/05/california-dem-flips-on-party-over-smash-and-
grab-robbery-epidemic-n439555

Pat
Pat
16 days ago

Speaking of money, the far left is doing another sneaky trick. With Build Back Better either on pause or dead, the far left will still get what they want which is spying on our bank accounts. They are giving new rules (unconstitutional?) for the IRS to spy on any transactions over $600.00 which is essentially spying on the bank accounts of all Americans. Meticulous records now need to be kept especially for small businesses or the IRS will accuse them of avoiding taxes. This will not end well.

Shirleyknutz
Shirleyknutz
Reply to  Pat
16 days ago

Funny article in MassLive about making sure everyone tells the IRS about any illegal money they made. It is the law, had to laugh, then wondering who actually reads the paper anyway, maybe criminals in jail, so they read the crap then wipe the crap with the same item

Pat
Pat
16 days ago

Chicago teachers refusing to go back to school.. They should be docked for pay for every day they refuse to teach. This is just laziness now and something needs to be done about these corrupt school unions.

joetaxpayer
joetaxpayer
Reply to  Pat
16 days ago

Agree. Simple concept, no work no pay. Districts should be recruiting replacement as fast as they can.

Covetter Vette
Covetter Vette
Reply to  joetaxpayer
16 days ago

Could pps be shutting down again. Confusing,let’s us know soon Joe

fizzlehead
fizzlehead
Reply to  joetaxpayer
16 days ago

Yah cuz teachers be lining up to teach in ghetto schools these days.

Lenny
Lenny
Reply to  Pat
16 days ago

Curtis is thinking about shutting down Pittsfield schools. 10 teachers out at Taconic with covid.
Just another reason to get your kids out of this pathetic school district!
Flu seasons have always impacted the schools – get over it! No more school closures!

joetaxpayer
joetaxpayer
Reply to  Lenny
16 days ago

BART, Catholic Schools and home schooling will gain more students.

joetaxpayer
joetaxpayer
Reply to  Lenny
16 days ago

Should all be back on the job Monday. CDC says 5 days from exposure. In meantime call in some subs and retired teachers to fill. No more bullshit.

Jonathan A. Melle
Jonathan A. Melle
Reply to  joetaxpayer
16 days ago

Shutting down Pittsfield’s failing public schools may actually be a good thing.

fizzlehead
fizzlehead
Reply to  Jonathan A. Melle
16 days ago

I wonder if anyone bothered to turn the heat down in these two schools for the days closed. Prolly save a thousand bucks….but that would require forethought and execution and Pittsfield is a tad short of that commodity right now

The school committee
The school committee
Reply to  joetaxpayer
16 days ago

There will be more covid transmission

fizzlehead
fizzlehead
Reply to  joetaxpayer
16 days ago

and by that time 30 more teachers will have tested positive. All the schools will be shut down next week…look up the word “pandemic”

joetaxpayer
joetaxpayer
Reply to  fizzlehead
15 days ago

5 days back to work Not my rule CDC. New variant much more mild. Those with compromised health should stay home. Crazy how the Flu is coming back.

Shirleyknutz
Shirleyknutz
Reply to  fizzlehead
15 days ago

Thought Joe said in December of 20 he was going to lick this in 100 days, he was talking about COVID….right?

Lenny
Lenny
Reply to  Lenny
16 days ago

The Beagle has been running stories prepping the locals to accept the shutdown of schools. Latest – “substitutes are hard to find.” Heck, PPS hasn’t been fully staffed since they opened in Sept!
Start screaming folks!

fizzlehead
fizzlehead
Reply to  Lenny
16 days ago

The only ones getting fully staffed are the taxpayers

joetaxpayer
joetaxpayer
Reply to  Lenny
15 days ago

Maybe the Mayor could deep into her 41 million and pay subs and retired teachers more money to fill in. Desperate times desperate measures.

The school committee
The school committee
Reply to  Pat
16 days ago

30%of students have vacciness….ignorance is devastating

joetaxpayer
joetaxpayer
Reply to  The school committee
15 days ago

Too bad vaccines and Masks don’t work. 5 million vaccinated in Ma. a state with 6 million. We’re at a all time high now with infections. I know it’s all that unvaccinated getting it. Not true.

Last edited 15 days ago by joetaxpayer
fizzlehead
fizzlehead
Reply to  Pat
16 days ago

Pat, what do you think would happen if you told one or more Chicago school teachers they were lazy?
Exactly!

Shirleyknutz
Shirleyknutz
Reply to  fizzlehead
15 days ago

Betcha they will be out skiing, wait…that’s our teachers

12 Gauge
12 Gauge
Reply to  fizzlehead
15 days ago

They would write a letter to Merrick Garland who would send out a goon squad.

Jonathan A. Melle
Jonathan A. Melle
16 days ago

Pittsfield: Group organizes vigil for democracyBy Jeannie Maschino, The Berkshire Eagle,January 5, 2022

Berkshire Citizens for Peace and Justice will conduct a vigil from 5 to 6 p.m. Thursday, January 6th, [2022], at Park Square to commemorate the threat to American democracy represented by last year’s insurrection at the U.S. Capitol.

Participants are asked to bring their own signs and face masks and socially distance themselves from others.

NOTE: I, Jon Melle, support this Vigil for Democracy!

fizzlehead
fizzlehead
Reply to  Jonathan A. Melle
16 days ago

Do they have the proper city permit? Who thought it would be best to do this in the dark of night?

Pat
Pat
Reply to  Jonathan A. Melle
16 days ago

We know the real threat to our country and he is in the White House right now surrounded by far left radicals directing his every decision to bring down our country so their friends in China can rule the world.

fizzlehead
fizzlehead
Reply to  Pat
16 days ago

So true. Heard Biden is having eye surgery to look oriental and has taken to wearing a straw paddy hat around the Rose garden It’s awful I tell ya. Just awful.
I also heard that he is going to make us all start using the Chinese alphabet starting in October. But I like rice so I won’t mid that part. Change is good sometimes.

joetaxpayer
joetaxpayer
Reply to  Jonathan A. Melle
16 days ago

NOTE- Jan. 6 was a day a young patriot was murdered in cold blood, peacefully protesting.

The Downtown Umbrella guy
The Downtown Umbrella guy
Reply to  joetaxpayer
16 days ago

That traitor should have just complied, and not tried to climb through that broken window.

joetaxpayer
joetaxpayer
Reply to  The Downtown Umbrella guy
16 days ago

She was unarmed, as was everyone else. He was ready to shoot anyone, had he’s hand on the trigger running around the Capital. If she was black and the Capital police officer was white there would be a trail. Traitor my ass, the folks working in the Capital are the real traitors.

Last edited 16 days ago by joetaxpayer
The Downtown Umbrella guy
The Downtown Umbrella guy
Reply to  joetaxpayer
16 days ago

You seem to be suffering from Insurrectile Dysfunction.

Mr. Fritz
Mr. Fritz
Reply to  The Downtown Umbrella guy
15 days ago

You seem to be suffering from ignorance.

fizzlehead
fizzlehead
Reply to  joetaxpayer
16 days ago

Yah. Just because they set up a gallows and were looking to hang Mike Pence does not mean these were violent people. We hang somebody at every family picnic and its just part of the camaraderie.

joetaxpayer
joetaxpayer
Reply to  fizzlehead
16 days ago

Get informed, over 700 people arrested. Not one charged with insurrection or attempted murder. Only ones with weapons, were the undercover FBI and Antifa.

Gobsig
Gobsig
Reply to  joetaxpayer
16 days ago

Marchetti has been authorized to shoot anyone speaking over 3 minutes in the public session of cc meetings. We don’t need no stinkin’ insurrection around here.

Last edited 16 days ago by Gobsig
12 Gauge
12 Gauge
Reply to  fizzlehead
16 days ago

Who is they?

fizzlehead
fizzlehead
Reply to  12 Gauge
16 days ago

The ones with the bright red MAGA hats. Can’t miss em. Oh I forgot. Hannity does not allow you guys to watch the videos. My bad.

Shirleyknutz
Shirleyknutz
Reply to  fizzlehead
15 days ago

Who is that Ray Epps and why is everyone talking about him

Shirleyknutz
Shirleyknutz
Reply to  Shirleyknutz
15 days ago

Is he connected to Comey? Pelosi? Biden? Who is this guy? Why didn’t the Baltimore mayor nor Pelosi grant Trumps request for the National Guard? Where was Pelosi’s Papa and brother the mayor of? So many questions…who is asking them?

12 Gauge
12 Gauge
Reply to  fizzlehead
15 days ago

Anyone including you and Ray Epps can by a hat and you’ll both get a govt discount

Lenny
Lenny
Reply to  Jonathan A. Melle
16 days ago

It will be a gathering of the ignorant and ill-informed, as anyone who has watched the actual Jan. 6th footage and listened to the audio can attest.

O course it’s done in the dark with participants in masks – so to make identification of those in attendance difficult, scheduled at a time when those who work for a living are headed home for the evening.

My guess is that the gathering will be composed of teachers who support closing the schools, and city officials/govt. workers. Will Linda be there with her bullhorn?

Maybe Dan’s Z-agents will get some close-up pics of the demonstrators. I want to see which teachers have no problem demonstrating but will not show up at school to teach my kids. I would also like to know what elected officials support this nonsense, so I can vote against them in the next election.

Merry & Bright
Merry & Bright
Reply to  Lenny
16 days ago

Mayor allows this but the taxpayers were not allowed to go to the City’s Christmas tree lighting!

Lenny
Lenny
Reply to  Merry & Bright
16 days ago

Good point Merry & Bright!

joetaxpayer
joetaxpayer
Reply to  Lenny
16 days ago

I wonder the time an date they will be protesting BLM, 7 months of rioting. There assault on 2,000 police officers, destruction of 150 Federal buildings. Not to mention 20 murders and billions in damages. That was not a threat to our democracy? Please stop the hypocrisy, moon bats.

Verbal Diarrhea
Verbal Diarrhea
Reply to  joetaxpayer
15 days ago

Just imagine how upset BLM folk are going to be when it becomes clearer how their voting rights are being taken away. I think last summer will look like Mother Theresa’s birthday party compared to what is coming. The republicans must see this coming but are doing it anyway. Pretty scary stuff and I don’t want to be anywhere near it.

joetaxpayer
joetaxpayer
Reply to  Verbal Diarrhea
15 days ago

Funny stuff.

Merguez
Merguez
Reply to  joetaxpayer
15 days ago

Question of degree, brah. BLM didn’t set up a gallows to hang the sitting vice president.

joetaxpayer
joetaxpayer
Reply to  Merguez
15 days ago

They didn’t set up a fake set. BLM actually did the crimes. Got to give them credit, they don’t talk about it Brah. Burn Loot Murder.

12 Gauge
12 Gauge
Reply to  Jonathan A. Melle
15 days ago

And I support you seeking psychiatric help.

Shirleyknutz
Shirleyknutz
16 days ago

After looking at the average debt levels I think it’s the first time in my life I am glad I am below average.

LegalEagle
LegalEagle
16 days ago

December is typically a big month for elected officials since contribution limits reset in the new year. Andrea Harrington’s support from our corner of the state, however, does not exist. Of the $8,126.88 raised by the DA in December from 25 contributors, zero is from Berkshire County. Zero.
Looking back over the previous 2 months one can see only 5 contributions from Berkshire County. The past month’s contributions are worthy of investigation. What reason could the CEO of Progress Software, a top Boston software company, have for contributing the maximum $1,000 to Andrea Harrington’s campaign? What about the Mayor of Somerville or a PAC out of Rochester NY, a city councilor from Boston or one of Boston’s top business lobbyists?
Before she was DA Andrea Harrington never earned more than a few thousand dollars as a lawyer, appeared in court no more than a half dozen times, mostly on OUIs. Now suddenly, after three years of very public mistakes and missteps and ethical violations anyone could unearth, Andrea Harrington is worthy of this financial support. Is anyone curious?
It appears Harrington has hired a Boston fundraiser listed in her expenses, who also serves as finance head for Maura Healey’s campaign. Most of the contributors to Harrington’s campaign also contributed to Healey’s.
Why does this matter? 
We have a district attorney who has proven herself incapable of effectively prosecuting people charged with serious crimes. Like her self-described mentors, she has usurped the role of the legislative branch in proclaiming she will not prosecute or seek light sentences based on the ideology that racism is driving overincarceration. This is despite the lack proof of racial profiling by police and prosecutors in Berkshire County and in spite of the reality that there is less incarceration and more crime.
Harrington has abused her position multiple times that we know about including failing to abide by public records law, attempting to oust a judge and running a campaign from the office. She has denied the people competent representation by ousting most of the staff of attorneys with decades of experience replacing them with junior staff incapable of winning cases or seeking appropriate punishment.
With drug dealing and violence rampant, Harrington is now moving on to push for drug injection sites over holding people accountable for drugs.
Harrington routinely refuses to explain herself by speaking to media, instead blaming the media on her twitter feed for treating her unfairly because of her gender.
I doubt anyone is comfortable that this disaster of a district attorney is now being funded almost entirely by outsiders. Sadly, no one knows about it.

Verbal Diarrhea
Verbal Diarrhea
Reply to  LegalEagle
16 days ago

Didja ever wonder why you see contractors from way out of the area working on Pittsfield public projects? Like man if I do a favor for your guys perhaps you could find a way to reciprocate eh buddy? One hand is washing the other in a money laundering kind of way. A shell game if you will. Not what it looks like. Ever see a magician shuffle a deck of cards and then deal the ace of spades right off the top ten times in a row? Ever see pot become legal and then poof all kinds of politicians are getting rich?

Fabricated Life
Fabricated Life
Reply to  Verbal Diarrhea
15 days ago

Reminds me of cotton.

The City I Hate
The City I Hate
Reply to  LegalEagle
15 days ago

“Unlimited power in the hands of limited people always leads to cruelty.” – Aleksandr Solzhenitsyn

Litra Lee Unbelievable
Litra Lee Unbelievable
16 days ago

No outbreak at Walmart only school & court. I remember walking 5 miles uphill running sideways barefoot in the snow to catch the express bus at 6:45 a.m. because in a foot and a half of SNOW – COURT WAS IN SESSION- anyone else ? School ? Court ?

You think I’m a clown?

Did they find YT Bulger again c’mon now

Shirleyknutz
Shirleyknutz
Reply to  Litra Lee Unbelievable
15 days ago

I know…how about the grocery stores, restaurants, mills, and all the other businesses that remain open. Why can’t government places work through issues? Why can’t they think outside of the box or go back to a strong work ethic. Our founding fathers must be rolling in their graves.

Jonathan A. Melle
Jonathan A. Melle
15 days ago

I wish to publicly praise the Lovely Linda Tyer for supporting the Vigil for Democracy this evening of January 6th, 2022, from 5 to 6 p.m. at Park Square to protest the Donald Trump-led insurrection on Capitol Hill last year on January 6th, 2021. Mayor Linda Tyer shows great leadership by supporting the people of Pittsfield Massachusetts who are standing up against Trump’s HATE and for our American Democracy!

JoeKapanski
JoeKapanski
15 days ago

Biden,Harris,pelosi,chuky ,shifty, I hope they all rot in hell for what they’re doing to this once great county

fizzlehead
fizzlehead
Reply to  JoeKapanski
15 days ago

But why was Ivanka trying to get her daddy to stop his insurrection? That girl should really mind her own business.

TellitLikeitIs
TellitLikeitIs
Reply to  fizzlehead
15 days ago

I’d like her to mind my businesses. What a babe!

Come On Man
Come On Man
Reply to  fizzlehead
15 days ago

I don’t recall any pictures of the demonstrators looking at their phones for Trump tweets.

Shittsfield
Shittsfield
Reply to  JoeKapanski
15 days ago

And how do ya feel about what Tyer, Ruberto, Hideaway, Doyle, et Al, have done to Shitsfield???

Jonathan A. Melle
Jonathan A. Melle
15 days ago

Hello Patrick Fennell,

I have let Mayor Linda Tyer know how I feel about Pittsfield’s violent crime problem, Level 5 public schools, overreliance on Social Services, teen pregnancies and high welfare caseloads, severe economic inequality, corrupt insider Pittsfield politics, the PEDA debacle with millions is debts, her administration’s secretive and expensive municipal finances, and so on. I am sure that she knows all of this much better than I do from my perch in Southern New Hampshire. In short, I let her know when I support her and when I disagree with her leadership in my native hometown of Pittsfield, Massachusetts. I don’t believe that Linda Tyer is all that bad, despite Pittsfield being in the proverbial ditch.

I will never support Donald Trump in politics because he is a Nazi who is that leader of the racist and evil alt-right White Nationalist political movement in the USA. Trump was wrong about Charlottesville Virginia. Trump was wrong about the January 6th, 2021, insurrection on Capitol Hill. Trump is wrong to disparage minority and underclass cities by pointing out their socioeconomic problems. I would much rather have Linda Tyer in the White House than Donald Trump!

Best wishes,

Jonathan A. Melle

Dirty Harry
Dirty Harry
Reply to  Jonathan A. Melle
15 days ago

Man ! What a gassed up puss face you are. You make no sense when blather about the people you call Nazis very loosely.

Pat
Pat
15 days ago

Biden gets some fire in the boiler over his rival Trump in his speech today, but can’t manage any concern or compassion for all the deaths in Afghanistan, the deaths from Fentanyl that he is pumping into the country, and the deaths caused by all the untested and unvaccinated he is pouring into the country everyday while criminalizing Americans who refuse a vaccine. Illegal immigrants are good to refuse a vaccine, but Americans are demonized. Hospitals are now using vaccinated health workers with COVID because they got rid of their healthy unvaccinated. These people are insane.

Last edited 15 days ago by Pat
fizzlehead
fizzlehead
Reply to  Pat
15 days ago

Hillary is talking about going back to Benghazi to finish the job

Dirty Harry
Dirty Harry
Reply to  Pat
15 days ago

They want to keep the TDS going because that’s all they have going into the up coming midterms. The current administration has failed at everything that is most important to the citizens. They won’t and can’t run on failure.

Lenny
Lenny
15 days ago

Pretty light turnout for Jan 6th demonstration at Park Square. I passed by there on my way home from work and there were maybe 25 radical leftist demonstrators huddled together, some with “Peace for Burma” signs!??

I think there would have been a much larger turnout if it had been billed as a FJB event, with pickup trucks flying their FJB flags, continually circling Park Square. Or marchers parading around with FJB sweatshirts & hats, waving FJB flags. Definitely more fun!

Shittsfield
Shittsfield
15 days ago

Just as Tyer ought be ashamed for failing to mention crime in her state of the shitty address, kumala ought be ashamed for daring to compare the idiots o. 6 Jan with Pearl Harbor, and 911

Mr. Fritz
Mr. Fritz
15 days ago

Charlie Baker, what an embarrassment – has the facts confused about Jan. 6th…..

https://thefederalist.com/2022/01/06/mass-gov-blames-trump-for-black-nationalist-murder-of-capitol-policeman-killed-last-april/

Whoowoulhavethought
Whoowoulhavethought
Reply to  Mr. Fritz
15 days ago

Good job by Superintendant Joe Curtis shut schools down and get rid of the spurge.

Ole Schmidt
Ole Schmidt
Reply to  Mr. Fritz
15 days ago

Mollie is great.