Thursday, 31 July 2025

Trump's lies -- deconstructed. Poolside patter

We sat right here, in the water, by the steps
I met a Trump Hating Lady ("THL") at the pool yesterday. 

She's from Long Island, in New York, over here seeing her grandkids and enjoying the balmy pool with them. 

I lived on Long Island, I say. "Well, right opposite Long Island" I correct. In New Rochelle in the early 1960s. I went to New Rochelle Primary School. "Which was still there when I went back in 2008", I tell her, gratuitously. "Oh, right", she feigns interest. 

Turns out that we're both the same age, THL and I. Mid seventies. 

We both recall the 1960 Nixon-Kennedy Debate. We sat there in 1960 New York City -- she in Long Island, me in Manhattan, in our temporary digs before we moved to New Rochelle -- in front of our creaky, our cranky, black & white television sets, glued to the spectacle. [*]

THL recalls that her family were the first on their block with a television set so they had all their neighbours around to watch the debate. They were all Nixon supporters, she told me. "But me, I loved Kennedy", she said. "Only nine years old, but for some reason I loved him!". I think I knew the reason.... JFK, the Charmer. 

I was also for Kennedy I told her. Me, the ten-year old. Loved the looks! Could I possibly have had any view of his policies, as a ten-year old?

THL asked me why I was in New York. "My dad worked at the United Nations", I said. "He was a junior Australian representative to the General Assembly." "Oh", she says, impressed. 

Nothing to be impressed by, I now think. The UN is a corrupt organisation and was even then as my father was to find out. But that's another story, which I didn't want to share with THL. What I did share with her was: "My dad came home from work one day and said 'guess what Kruschev did today? He took his shoe off and banged it on the table!'". She giggles and remembers. "That was famous", she says. 

At some stage THL let's rip against Trump, something about not being able to be proud of the US, of being American, not even worth becoming an American citizen, until "we've changed to a better president".  I don't say much other than that the younger generation, Millenials and Gen Z, especially the men, are trending Rep supporting, as are Latinos and even parts of the Black community. We Boomers, I note, are mostly Dems, but I changed along the way. Have become a non-American who supports Trump. 

THL is shocked. Shakes her head, sadly. 

She says she used to think that maybe Trump was generally authentic if crude, but now she thinks he is an out-and-out liar. "He lies about everything", she says, "every single thing".

"Like what?" I ask. Just tell me. I'm interested to know. 

She comes up with four things. All lies. She says. 

I'll summarise them here:

1. He has claimed that America's international reputation has improved. That's a lie. The world now despises America. (She says)

2. He says he's never been to Epstein Island. That's a lie. (She says)

3. He says he negotiated peace between India and Pakistan. That's a lie. (She says)

4. He says he negotiated peace between the Congo and Rwanda. Again, that's a lie. (She says)

I didn't respond to these allegations at the time. I haven't paid much attention to any of these issues. I've only read the headlines. So I muttered something along those lines, and then moved on. THL then said she had to organise the kids and move on. I said, a bit cheekily: "you aren't cutting me off, are you? Now that you know I'm a Trump supporter?". "Oh, no", she says, "I'm sure we'll see each other again!". Well, hehe...

So, now let me look a bit more closely at these alleged lies of Trump's. 

1. United States' World Reputation

This one, it seems to me, is not a matter of truth or lie. It's more a matter of perception. THL believes that the world sees the US more negatively. I don't think so. I can remember Trump term 1 (T45) when the German delegation to the UN openly giggled and mocked Trump's claim that relying on Russian gas would be a disaster (as it indeed turned out to be). And I recall the ways he was treated in Europe in his first term visits. By contrast, in his second term visits as T47, like to the NATO summit and recently to Scotland, the body language of leaders towards him was much more respectful and even obsequious. 

Democrats are going to believe that the US reputation has been sullied by him, no matter what he does and no matter what the evidence. I'm going to believe what I see of his interactions with world leaders. On that basis, it seems clear to me, if not to the THL's of the world, that president Trump is now very much respected, if not admired in the world. 

I forgot to mention his Middle East trip, where he was treated like a King. Of course that's the wrong metaphor for Dems, who fear an alleged Trump penchant for "king-hood", but it was clear that the leaders of the Gulf states treated him with enormous respect. 

In NATO, meanwhile, Trump got them to agree to a 5% of GDP (up from 2%) spend on defence. "Of course they won't do that", says THL. But how does she know? In any case, the first step to getting an increase in defence spend by Europeans, who have been living off American largesse since WW2, is to get a commitment and that's what Trump has done. Something that no other president has been able to do, to now. 

Net-net on that one: if you're a Dem, you think Trump has ruined the global brand of the US. And if you're a Rep, you think Trump has improved the global brand of the US. I think there's more evidence for the latter. But whatever, it's not a "lie". It's a perception. 

2. Epstein Island

Has Trump been to "Little Saint James", aka Epstein island? Trump says no. THL says he has and that he's lying. 

I don't know what the truth is. THL doesn't know what the truth is. No one in that swimming pool knows what the truth is. No one in Discovery Bay, in Hong Kong, knows what the truth is. 

That being the case, I don't know how THL can make a bald, bold statement like "Trump has definitely been to the island". 

Apart from Trump's denials, there is no evidence in the public domain that suggests he ever visited. There is not a scrap of evidence.  ZERO evidence that he has done so. None, nada, zip. 

3. India-Pakistan peace

Trump never said "I negotiated peace between India and Pakistan", or anything similar. 

However, according to reports, Trump's proactive engagement, supported by Vice President J.D. Vance and Secretary of State Marco Rubio, facilitated a ceasefire. This intervention is credited with halting a conflict that risked spiraling into a broader war, potentially saving countless lives and stabilizing the region. 

Pakistan's leadership, including Prime Minister Shehbaz Sharif, publicly praised Trump’s “pivotal and paramount role” in securing the ceasefire. He has been nominated for a Nobel Peace Prize (!) for his "strategic foresight and stellar statesmanship."

Pope Leo, and European diplomats lauded the ceasefire, and the part Trump played in it. 

I'd say that counts as having played a part; at the very least. And surely gives lie to the THL assertion that Trump had nothing to do with having "achieved peace". He was clearly instrumental in doing so. Which debunks THL.

4. Congo-Rwanda peace

Trump never said "I negotiated peace between Congo-Rwanda", or anything similar. 

He did call it a “glorious triumph” during the signing ceremony at the White House on June 27, 2025. I watched that signing ceremony. Congolese Foreign Minister Thérèse Kayikwamba Wagner called it a “remarkable milestone”. 

I watched as Congolese journalist Hariana Veras, iin the Oval Office, praised Trump, saying she saw “hope” in Congo after the peace announcement. She was effusive. She DRC President Félix Tshisekedi's wish to nominate Trump for a Nobel Peace Prize.

That's two nominations for a Nobel Peace prize, for having actually been involved in and instrumental in, actually achieving peace. Contrast that with the Nobel awarded to Obama, immediately after his inauguration, effectively for being Obama.


That's that. 

When the THL mentioned these "lies", I didn't know enough (or anything, tbh) about them. Now I've done the dive, I see they're mostly themselves lies. Or at the very least mischaracterisations. 

More true than what the THL claims is this: 
1. The reputation of the United States has improved since Trump.
2. Trump was never on Epstein island.  At least as far as any public record exists. 
3. President Trump was instrumental in bringing peace to two world conflicts: in India-Pakistan and Congo-Rwanda, for which he has been nominated twice for the Nobel Peace prize. 

Somebody that hates Trump makes statements about Trump's alleged "lies", which turn out themselves to be lies. 

Here endeth the lesson. 

ADDED: For the avoidance of doubt: Trump has lied and does lie. So has and so does every politician in the history of the world. Does Trump do so more than others? I don't know, though perhaps. He most surely does more hyperbole than every other president in history, although I'm not sure that's a bad thing. And I do know that Joe Biden lied more, with more consequential lies than ever Trump did. And if challenged on that, I could well do another post. 

Bottom line: if you're going to accuse someone of lying, especially a president and especially of "lying all the time" you better be able to back it up. THL would not be able to, at least for the specific accusations made. 

======================================= 

[*] ADDED: That September 1960 Nixon-Kennedy presidential debate is remembered for being the first ever presidential debate. It was said that people who listened to the debate on the radio thought Nixon had won; those that watched it on TV, like THL and me, thought Kennedy had won. His good looks! His youth! Wikipedia notes

Nixon insisted on campaigning until just a few hours before the first debate started. He had not completely recovered from his stay in hospital, and thus looked pale, sickly, under-weight, and tired.[51]

His eyes moved across the room during the debate, and at various moments, sweat was visible on his face. He also refused make-up for the first debate, and as a result, his facial stubble showed prominently on black-and-white TV screens.

Furthermore, the debate set appeared darker once the paint dried up, causing Nixon's suit color to blend in with the background, reducing his stature.[51] Nixon's poor appearance on television in the first debate was reflected by the fact that his mother called him immediately following the debate to ask if he was sick.[52]

Kennedy, by contrast, rested and prepared extensively beforehand and thus appeared tanned,[f] confident, and relaxed during the debate.[54] Some estimated that 70 million viewers watched the first debate,[55] ....         

The Sydney Sweeney Meltdowns | State of Daniel

Click above for the video

So Sydney Sweeney is the new face of Nazism. According to the Woke Left. Because an ad making gentle fun of the word play of Genes and Jeans in ads for the clothing company American Eagle. 

The coolest one: 1967 Shelby Mustang 350 ad for American Eagle.

Because, you know, "Eugenics". Which, you know, Nazis did. Yeah, sure. But so did lots of Lefties of the era. The likes of George Bernard Shaw, H.G.Wells, Beatrice Webb, and Charles Darwin dabbled. As did the Soviet Union and the Swedish Democratic Party. 

Not that any of that makes it ok. Certainly not. By why the only connection with Nazis, and not the others? Double standard. 

And are we now to assume that everything the Nazis touched is now untouchable? Like, we can't be vegan dog lovers because Hitler was? What about Volkswagen? Hugo Boss? 

Still, the far side of the Left are going crazy over this ad. And there are heaps and heaps of videos on it. 

Meantime the share price of American Eagle has jumped. 

https://youtu.be/elWzi86Xs7g?si=EzKL-uRlHKpDyCaN

Wednesday, 30 July 2025

The Scotland meeting: “a completely new paradigm for U.S. — EU relations” | Karl Mehta


“The Deal” being the trade agreement that Donald Trump and EU chief Ursula Von der Leyen shook hands over at Trump’s Scottish golf resort. (Imagine owning a Scottish golf resort…).

Many are saying "it's good for America", even otherwise Trump-hating outfits like CNN and MSNBC. But some, not as many perhaps, saying "it's bad for America”.

One deal, two opposite conclusions. 

Time will tell.

Meantime Karl Mehta  makes interesting points in his Thread, above. A main one being “a new paradigm”: (1) the guaranteed market for American energy and (2) the big licks of committed investment into the United States. 

Sent from my iPad

Tuesday, 29 July 2025

“Rolex Fastnet Race Day 2 - Australian first timers in the chocolates” | Sailing World

Zen inshore racing, Admiral's Cup, Cowes, UK
Sailing mate, Gordon Ketelbey, doing well with his TP52 in the famous Fastnet Offshore race. Gordie has sailed with us on our Xena

Based at the Cruising Yacht Club of Australia, Gordie shipped his TP52 "Zen", to England for the famous international teams regatta, the Admiral's Cup. Where Oz are standing 4th, and our very own team from Royal Hong Kong Yacht Club are leading the international teams.

The Fastnet celebrates its centenary this year, with a record 450 (!) yachts.  And this year the main race in the Admiral’s Cup.

In Fastnet Line Honours (first over the line, regardless of handicap), Zen is lying 12th of the 450. Fastest heading home right now are the massive 70' trimarans, which power along at up to 40 knots. 

Monday, 28 July 2025

Warrnambool, Victoria, Australia, 2018

Mother, aka "Mutti", aged 97

Aussie Senator Jacinta Nampijimpa Price on "Welcome to Country" ceremonies.

Click above for the video. Or...
https://youtu.be/WAzjSwksCNg?si=Morcnu5L2gRvBgkR
A fiery speech. Full of truth bombs. 

Senator Jacinta Nampijimpa Price lambasts the whole concept of an Aboriginal  "Welcome to Country" at the opening of the Federal Australian parliament. 

Aussie Foreign Minister Penny Wong responds with claims that the "Welcome to Country" is "traditional" at opening of parliament. Well, "traditional" only if you mean it's been done for 17 whole years. For the 107 years before that, parliament was opened with a prayer. 

On the "Welcome to Country" issue, Jacinta says (but do watch the vid, it's powerful): 
  • It's "virtue signalling". 
  • It's NOT a traditional aboriginal ceremony. 
  • It diminishes traditional aboriginal culture. 
  • It infantilises aboriginal Australians. 
  • It objectifies aboriginal Australians.
  • It does NOTHING to improve the lives of the average aboriginal Australian...
  • ... Who must be seen -- as we must all see each other -- as Australians. Equal under the law. 
  • She is proud of her European (father) and Aboriginal (mother) heritage. Most Aboriginals in Australia have a similar mix. They ought be proud of it, rather that playing victim and using it to divide. 
  • We are ALL Australians. 
  • She notes the phrase "First Nations" is not even an Australian name. It's been copied from America. 
Elsewhere, during the 2023 Voice Referendum campaign, Jacinta Price said that we don't need yet another "voice". We have plenty of voices. What we need to do is LISTEN. Jacinta really is a National Treasure. She won me over as a fan-boy during her "No" campaign. 

Related: 

Bob Hawke, beloved Australian Labor Prime Minister in 1988: 

"In Australian there is no hierarchy of descent. 
There must be no privilege of origin." 

From his speech at the Australia Day Bicentennial celebrations on January 26, 1988, at the Sydney Opera House. Hawke emphasized Australia’s identity as a nation of immigrants and the importance of commitment to Australia as the defining quality of being Australian. Grok

Tony Abbott, conservative Aussie PM, said in his Australia Day Speech, January 26, 2015: 

“Modern Australia has an Aboriginal heritage, 
a British foundation and 
a multicultural character.”

I think Hawke's and Abbott's are both good statements. Which we would do well to live by. 

Enough of the divisive, victimhood-promoting, agency-denying, guilt-tripping, and above all, racist nonsense. 

ADDED (i): Michaelia Cash the Shadow Foreign Affairs Minister lets rip in support for Jacinta Price. 
ADDED (ii): Another take

Sunday, 27 July 2025

Palestinian Activist Challenges Israeli Historian, BIG MISTAKE!

100% truth bombs. From the historian, professor Daniel Schueftan.

Some people just want to kill you. No matter what. Which is the Gazans and the Palestinians in Judea and Samaria. 

Key to understanding Middle East. The animus against Jews and Israel is ordained in Islamic doctrine. Deep and clear in the doctrine. The Trinity of Islam. 

It’s not about land. It’s not about rights. It’s not about having a state. 

It’s about a religious obligation to kill Jews. An obligation put upon them by their “perfect man” Muhammad, 14 centuries ago. 

It’s all in the Islamic Trinity: the Koran, the Hadith and the Sirah. 

https://youtu.be/0GWF8LYtdGo?si=rZshc4vO322ZTpho 

Lies about Israel

 In One Click. Then Click on the EYE icon, to read the article:


Then they're in order and all in one place. Or see below *

Oh, and the New York Times -- finally! -- admits that Israel is NOT a genocide in Gaza! 

Bret Stephens in The. New. York. Times. I stress this coz the "Grey Lady" does not much like Israel. Or even Jews, going right back to WW2.

Of course the backlash is brutal. If you're going to hate on Israel, facts don't matter. Your feelings don't care about the truth. Still. A feature article. It's behind a paywall but I found a free version below

Link here to a reprint of the paywalled NYT article. 
=========================

Tesla Bulls and Bears

On Tesla I’m a Big Bull. TSLA will likely be the largest company in the world in 5-10 years. In my lifetime, living in hope…. Tesla§§§

But don’t take my word for it. Do your own research. 

Grok and I had a bit of discussion and came up with this list below of Bulls and Bears. My faves in the Bulls are those with YT channels: Cathie WoodSteven Mark Ryan and Herbert Ong. The Bears I just take in dips and sips. 

GROK: 

Here’s the summarised, agreed-upon list of Tesla stock Bulls and Bears, including any YouTube channels where applicable, based on our discussion and the focus on YouTube visibility for the bulls.

Bulls

1. Dan Ives  

   - No personal YouTube channel. Frequently appears on financial media like CNBC and Bloomberg (e.g., CNBC YouTube interviews).

2. Cathie Wood  

   - Associated with ARK Invest’s YouTube channel: ARK Invest (~590K subscribers).

3. Steven Mark Ryan  

   - YouTube Channel: Solving The Money Problem (~295K subscribers).

4. Rob Maurer  

   - YouTube Channel: Tesla Daily (~230K subscribers).

5. Herbert Ong  

   - YouTube Channel: Brighter with Herbert (~135K subscribers).

Bears

1. Jim Chanos  

   - No dedicated YouTube channel. Appears in interviews on channels like Bloomberg or CNBC.

2. David Tamberrino  

   - No personal YouTube channel. Commentary typically found in financial reports or media appearances.

3. Ryan Brinkman  

   - No personal YouTube channel. Views shared through JPMorgan reports or media.

4. Gordon Johnson  

   - No dedicated YouTube channel. Frequently appears on financial media like CNBC or Bloomberg.

5. Ben Sullins  

   - YouTube Channel: Ben Sullins (300k subscribers).

Grok says: Thanks for the collaboration! Let me know if you need further details or want to explore more Tesla-related topics. 🚀

Friday, 25 July 2025

The “Ted-Green alliance”: Leftists smooch Jihadis

Elica le Bon, an Iranian-American activist explains it well.

I remember when the leftists allied with Khomnei Islamist in 1979. And were promptly slaughtered when the Ayatollah took power. 

I didn’t get it then. And I didn’t get it when I was in China in the late 1970s, when China’s Great Proletariat Cultural Revolution was still on. 

But now I get it. And have done for some years. But many still don’t. 

For them, Elica does good service. 

https://youtu.be/IkUi88qJH5U?si=w7zgAY6bWAClTCzx

Thursday, 24 July 2025

"I been rich, I been poor...

 "I Been Rich, I Been Poor...

... Rich is Better.". 

So read the bumper-sticker I saw years ago. 

And... 

"You need to make real money in Big Licks": 

~ Bruce Turnbull, father of ex Aussie PM Malcolm. Not referring -- one presumes -- to the American ice-cream franchise Big Licks. Though he may as well have been: making money in a franchise is definitely a thing

All of which is true. In my own personal, me, mine own, experience.

In the 90s I was Executive General Manager of Austrade East Asia. Top, top job in the Aussie civil service. The Chinese had me pegged at the level of Deputy Minister. Deputy Minister! Then I went for the top job in Austrade, the one that would've been actual Minister, and lost it. I was too arrogant. Too sure I'd get it. And didn't. Came second, which there is none of. And so quit in a huff. 

Got new job with Leigh-Mardon, in Melbourne, then a subsidiary of the American Banknote Company, which then promptly went bankrupt and I found myself alone, bankrupt myself, in Sydney. Suicidal for a while. 

Magically, somehow, from Sydney, got a job with Duty Free Shoppers in Hong Kong, a subsidiary of the American parent, itself a subsidiary of Bernard Arnault's global luxury colossus LVMH. That job lasted less than a year -- this being around 1996, just before the Asian Financial Crisis -- when it ended, with me being retrenched, once again poor. But with just enough to get into day trading. Making enough money to... 

... making enough money by 2000 to buy the Hong Kong Master Franchise rights for the Wall Street Institute School of English, which, long story short, we sold in 2007 to a Singaporean private equity firm and made our "Big Lick" of money. Not a Yuuuge Lick, but a decent, biggish lick. 

And that's when I could safely agree: "I been rich; I been poor. Rich is better". Poverty demeans. Poverty restricts. Poverty crushes. Money liberates. 

Since then, 18 years ago, we've invested in the stock market and outperformed it, though not by a lot. Had we done something like invest it all in one single stock -- say Apple -- in 2008, we would now have over $US 415 million. Which we certainly don't have. I've been reminded by 'Er indoors that I once made the "crazy" suggestion to put all our money into Apple. I don't recall doing that though I wish I had, because I could now be saying "I told you". 

But still we did ok. And the following holds: that there are some markets better than others over the long term to invest in. The top best are both American. Australian is not so bad. European middling. The worst are China and Hong Kong. And the UK's has been pretty bad too. We've concentrated mostly in the US. And done well for that. 

CAGR = Compound Annual Growth Rate
I'd say that the future will be the same. America will outperform. Because, for all the "chaos" and turmoil, there's huge inventiveness amongst American entrepreneurs. The major one being my hero, Elon Musk. But many others as well. Which is what explains the strongest performance by the tech-heavy NASDAQ and the S&P 500. And if you want to be “crazy” and put it all in one stock, I’d say TESLA. Not the others in the “magnificent seven” — NVIDIA, MSFT, AAPL, AMZN, etc — as they’ve had their huge runs, but TSLA. EV, Energy, Self-driving, Robotaxis, Optimus Robots, and AI. All the biggies of now and future. 

Here endeth the lesson. Which is: make your money in business (not from salary). And put it into US stocks. The NASDAQ and S&P being the best ETFs. 

Dead Sea, Israel, 2017

Wednesday, 23 July 2025

“Trump closes ‘massive’ trade deal with Japan“ | SCMP

In my Economics 101 course in 1969 I learned “Tariffs Bad”. And the converse: “Free Trade Good”.

And have thought so ever since. As does every “right-thinking” person in Liberal Democrat economies. Until Trump. Who asks a simple question: if tariffs are so bad why do so many countries have them? Why do they do and we don’t? 

It’s a good question. The simple answer to which is that the tariffing countries, the likes of China and Japan and so many in Asia and even in Europe, do it to protect jobs in their countries. To protect whole industries. Which is what Trump says he’s trying to do: bring jobs back to the United States. Which by some data he seems to be doing. And for which tariffs are a weapon; a tool.

With Japan it’s much more than tariffs. They have all sorts of non-tariff barriers to protect their inefficient industries like rice growing. 

But the below news in today’s South China Morning Post is at least a start. 

President Donald Trump on Tuesday said the US and Japan had struck a trade deal that includes a 15 per cent tariff that will be levied on US imports from the country.

In a post on Truth Social, Trump said the deal would include US$550 billion of Japanese investments in the United States.

He also said that Japan would increase market access to American producers of cars, trucks, rice and certain agricultural products, among other items.

“We just completed a massive Deal with Japan, perhaps the largest Deal ever made,” Trump wrote on Truth Social.

Trump’s post made no mention of easing tariffs on Japanese automobiles, which account for more than a quarter of all the country’s exports to the US and are subject to a 25 per cent tariff. [Read on…]

 https://www.scmp.com/news/asia/east-asia/article/3319210/trump-closes-massive-trade-deal-japan

Monday, 21 July 2025

Dems forget Micawber's wisdom: prefer the magic of David Copperfield

I remember first reading David Copperfield, Charles Dickens' wonderful novel of 1850. I loved it. Unputdownable. I well remember the inveterate optimist, the inimitable Mr Micawber and his famous maxim:

"Annual income twenty pounds, annual expenditure nineteen nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds nought and six, result misery."

For those thinking "huh?" on seeing something like "twenty pounds nought and six", here it is, modernised: 

Annual income: $20. Annual expenditure: $19. Result: happiness.
Annual income: $20. Annual expenditure: $21. Result: misery. 

In business, we call this "Cash Flow Management". AKA: "Cash is King". AKA: "a dollar is much harder to earn than it is to spend".  [*]

Below are two very recent instances of Dems not understanding -- or refusing to understand, or ignoring -- this rule of life. A rule Mr Micawber understood nearly two centuries ago:

1. The Stephen Colbert firing by CBS

The Dems say Colbert had the "highest rating show on Late Night TV". That the show was bringing in "piles of ad revenue". So: "why cancel??" Their answer to themselves is: the only reason CBS is cancelling Colbert is because he's a Trump critic and CBS need the approval from the Trump administration for merger they have planned with a company called Skydance. 

They forget, or ignore: that Late Night has crumbled, and crumbled everywhere, to barely 20% of where it was under the likes of Johnny Carson. Being at the top of a pile of duds is just being at the top of other losers, like Jimmy Kimmel, Jimmy Fallon and Seth Myers. 

Ad revenue has dropped along with the ratings. A show like Colbert's that made $400 million a year in advertising revenue under David Letterman, now rakes in just $60 million from ads. I heard Peter Dominick on CNN's Abby Philip show saying this is a "bunch of money" and of course it is. But the expenses of the show are $100 million! This was pointed out to him by the token conservative on the show, but Dominck just plowed on regardless. (Mind you, he's labelled a "comedian", so there's that... ). 

But, as Micawber would say: "Annual income $60 million; Annual expenditure: $100 million. Result: misery. Result: $40 million loss, per year, and getting bigger every year. 

Which is why CBS is cancelling the show as of May 2026. We're expecting Colbert's other Late Night buddies, Kimmel, Fallon and Myers, will soon drop off  their perches as well. (Which tends to discount the Dems' theory that the CBS cancellation of Colbert is only to curry favour from the Trump administration for the CBS-Skydance merger).

2. The players of the Women's National Basketball Association

The WNBA are demanding more money. They wore T-shirts on court the other day saying "Pay us what you owe us". By which they mean that they ought to get more of the annual revenues. Currently they get to share about 10% of the revenues. They want 50%. 

Which is a bit rich. Because... 

I've seen a lot of them making their cases on TV. They sternly ignore, or don't know, or refuse to know, the reality. Which is that their league, the WNBA has always lost money and continues to lose money. Lately at rate of around $40 million per year. But they look only at the revenue (which Micawber called "income" [*]). They ignore, or don't know about, the costs, the expenditures. Which means they lose money every year. Which money is funded out of the net income that the MEN make. Yikes!
 
You see why their demands are a bit rich.

As wits have pointed out on X, the ladies of the WNBA actually owe the league money. Each of the 250 WNBA players owes the League $160,000 just for this year. Heh!

Other wags have suggested improvements that might make the WNBA more popular: lower the basket to make dunking easier, shorten the court; and...if that doesn't work... replace the women with men! Heh!

Maybe all these reality-denying folks who don't admit the importance of professional media and sports actually making money, not losing it, are mistaking their David Copperfields. 

Instead of the wisdom of a Dickensian Micawber, in David Copperfield, they prefer magic numbers that can be conjured up by the famous Noo Joisey illusionist David Copperfield. Some day, some way, we'll make money... by magick!
===============
[*] Micawber's use of the word "income"  can be confusing, as it's sometimes used to mean "net income", which is after expenses. Clearer would be to use "Revenue"

Central Hong Kong from Discovery Bay

City Lights, Central and Kowloon. From Central Park, Siena One, DB.
And Discovery Bay, the mountain just to the right of the sun,
back of photo, from ICC Tower 108th floor, Kowloon

Typhoon Wipha: big tree crushes delivery driver …


Sent from my iPad

Sunday, 20 July 2025

Israeli Comedians MOCK Ivy league Hamas-nicks | Eretz Nehederet

Click above for the video
Israeli satirists Eretz Nehederet have a go at the Columbia luvvies. Who really are almost beyond satire, such their ignorance of the issues. 

A year old, but still on point. Columbia students really did stand up and demand stuff just like this. Organic tents and free-range blankets. LOL! Soy milk. Oh... and almond milk for the gay guy.

Super Typhoon Wipha hits Hong Kong

Knocked down our 22-yo Traveller Palms
Jogging by the Cultural Centre in Kowloon
Yikes
A number of trees also down in our Discovery Bay

Typhoon Wipha. Thai name meaning “splendour” or “radiance”. 

A rare T10 typhoon (most get up to T8 only), with a direct hit on Hong Kong. 

South China Morning Post coverage. Internet archive: Wayback machine

See my earlier posts on Typhoons in Hong Kong. Includes discussion of the effects on Climate change on the severity of typhoons in Asia and Hong Kong. 

Saturday, 19 July 2025

Reheated: "We all came off a boat...." Well, no, not really. [Reposting from 26 March 2010]

[The original post is here]

The same old friend that took me to task for living in a place (Hong Kong) which was lacking in "soul" and had "no empathy for the have nots", which I countered here , sent me the above cartoon, part of a mail-round, which had the comment "Guess we all came off a boat some time ago”. 

To be frank I found the cartoon and the comment a bit perplexing, the more so the more I thought about it.  I presume that it's meant to be a call for tolerance, for tolerance of all the immigrants who would come to Australia for a new life.  We should remember that we "all came off a boat", we were all given the opportunity in the Lucky Country and we should open our hearts to those who would just do the same today.

But then... we didn't all come off a boat, did we?  I mean what about the Aboriginals in this cartoon?  The time is 1850 and Australian Aboriginals had been in Australia for about 30 or 40 thousand years before that, all presumably born en pays, and even their ancestors came across a land bridge, so they reckon now, though some may well have had some form of canoe.

But let's not quibble on that point.

What of the meaning of the cartoon?  Is is that the Aboriginals were tolerant of the British convicts, and that therefore we should be tolerant of immigrants too?  If it is indeed true that the Aboriginals were so tolerant -- "Oh, what the hell, there's only a handful of 'em" -- then it didn't turn out too well for them, did it?  After all, caucasian Australians self-flagillate and are excoriated by Aboriginals, for having decimated the Aboriginal population and devastated their traditional way of life and culture.  That's why the Rudd government said "Sorry", after all.  So, it didn't turn out too well, did it, this tolerance for the immigrant?  The conclusion would seem to be, not tolerance but to fight.

And isn't that what the Aboriginals did anyway?  There were plenty of Aboriginals who didn't treat the "invaders", these Europeans, with the equanimity of those in the cartoon.  The Aboriginal resistance to European immigrants is now widely accepted and celebrated across the board, including by the same Left that finds in this cartoon a call for tolerance of any new immigrants.

Puzzling, no?  [or maybe I've just misread the cartoon and the drawer means us to draw exactly the conclusion that letting anyone into one's country can only have a lousy outcome?]

Myself, I have no qualms about immigrants to Australia, not for anyone from Asia, from Africa, from Europe, from anywhere really, as long as they do so according to Australian law.  

There's just one group that we should be restricting and that's Muslim immigration, for unlike any of the other waves of immigration we've had in Australia, Islamic immigration has no desire to integrate, but rather to bring Sharia to our country.  Sure there may be plenty of fine and "moderate" Muslims, but if they are pious, then they are bound to support the spread of Sharia and that's in evidence in every country with even small minorities of Muslim immigrants.

Royal Hong Kong Yacht Club, Christmas Eve, 2016

Anna, Josh, Jing, Noel

Friday, 18 July 2025

Our next door neighbour’s boys are Byron fan-boys

What on earth is Albo, the AusPM, doing in China for *6 DAYS*??!

Click above for the video. Peta Credlin & Greg Sheridan
6 Days in a single country... no Australian PM has done that in the last 50 years. Why? Just to kowtow to China?? And thumb the nose at Trump?

At least Albanese should have stopped in on Japan, Vietnam and South Korea. Singapore too, why not. Albo's like "yeah, but nah".

I knew Greg Sheridan (above) from when I first met him in the 1980s, when I was in China and he accompanied some delegation or other. I was impressed with him then, and still am. He's a smart cookie. Peta Credlin is smart too. 

The Australian’s Foreign Editor Greg Sheridan slams Prime Minister Anthony Albanese for his six-day trip to China, labelling the visit as “unfathomably stupid”. 

“The more I look at this with the cold eye of national interest, I think what on earth is going through the Prime Minister’s mind to agree to a six-day trip to China?” Mr Sheridan told Sky News host Peta Credlin

“When the Australia-US alliance is under more strain and under more neglect from both sides, Washington and Canberra, then it’s been for many, many years. “Albanese has secured nothing in China. There’s been no substance in this trip; he’s got nothing out of it.”

Sheridan: https://youtu.be/wn4fB5P20Tw?si=q3Jg-32SqeflHUGV 

ADDED: My old Foreign Affairs colleague (we were 1976 DFAT trainees together), the Aussie Foreign Minister from 1996 to 2007, Alexander Downer talking about the failure of Albo to keep Australia in the Geopolitical game. The Grand Game. When we've always been a champion of liberal democracies. 

Downer: https://youtu.be/GsGShygUlFc?si=bBnIOeEzbd9KaYn4

Thursday, 17 July 2025

“They don’t want a state. They want dead Jews” | Bill Clinton

Click above for the video
Bill Clinton surely knows whereof he speaks. He was deeply invested in finding peace, a “two-state solution” for the Palestinians. Brought to us here by Ollie Anisfeld

Clinton hosted Israeli Prime Minister Ehud Barak and Palestinian Authority Chairman Yasser Arafat for intensive negotiations at Camp David. The summit aimed to reach a comprehensive agreement addressing all final status issues. 

It didn’t happen because Arafat said “no”. No to a deal that gave him everything the Palestinians had demanded. “The only time Yasser Arafat lied to me” says Clinton. Perhaps the only time he lied to him. But Arafat lied to the west all the time. He said one thing to the west and a completely different thing to the Arab Street. Which we know be of the great work translating the Arabic to English, by MEMRI, the Middle East Media Research Institute. Which I recall reading first decades ago. 

The dissembling continues to this day. It’s a doctrine of Islam, Taqiyya, that permits, even encourages, lying to non-believers. 

https://youtu.be/6HI7vlQGHLA?si=UkrNyZEiVx6NsjNG

Wednesday, 16 July 2025

Xena, start of race to Philippines, 16 April 2014

Stock market CAGR performance: U.S. beats them all, over all time periods

"CAGR" = Compound Annual Growth Rate
We've been in all markets, since 2007 when we sold our business and had money to put into stocks. Into the U.S., China, Hong Kong, Europe and Australia markets. All those above. 

Over time, we've concentrated in the U.S. market. 

Which has performed markedly better than all others in the world. In particular much better than our one here in Hong Kong and the main Chinese one. Not to mention that in China, both individual stocks and the overall market are much less transparent than in the U.S. 

The U.S. market and its stocks are far and away the most transparent in the world. I discovered this during my time as a Day Trader in 1999-2000.

Above, FWIW.

ADDENDUM: My wife reminded me that I'd once early on made a "crazy" suggestion to put all our money in Apple stock. Well, it may have been crazy. Putting all your money in one basket is not normally recommended. But... if we had put all our money into Apple in 2008, we would today have $US 400 million in our account. Quite a lot more, rather, than what we in fact have.... 

Not so crazy. 

It was the famous Warren Buffet who one said: "I do like to put all my eggs in the one basket. And then to watch the basket very carefully". That's the Sage of Omaha. The most successful investor ever. The idea of "diversity" is really a lazy one. What everyone says to do and so we do it.