Published: June 11, 2021, 7 p.m.
\n - GOP SCC will Select 3 Treasurer candidates (from 10 Candidates) for the Gov to pick from.\n
\n - Only 1 institutional investor.
\n - Several CPAs. One with no direct financial experience
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\n \n - SCC races:
\n - 16 for 7 seats on Constitution & Bylaws Committee, including yours truly.
\n - 12 for 5 seats on Audit committee, which is unusual including St. Auditor John Dougall.
\n - Around 3 people for each CD, which has 2 openings and puts you on the EC.
\n - Inflation: 5% YOY, yet 10 year treasury yields 1.5%, someone is losing out.\n
\n - 1980s inflation calculation if used today: 15%!
\n - Oil back to $70/barrel (41 gallons).
\n - Used car prices up 30% due to demand and lack of new cars because of the chip shortage.
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\n \n - US No longer energy independent: Sigh.
\n - FL & IA this week banned the teaching of Critical Race Theory.
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2 questions for Treasurer candidates:
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\n - What state does not allow Title insurance? Should we do what they do?\n
\n - IA runs it and it's about 1/6 the cost of standard! Really made them bump up against paradigms.
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\n \n - What state has a state-run bank not connected with the Federal Reserve system?
\n - Half of the pandemic unemployment stolen! Fraud? $400B.
\n - US 31st in Math.
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