First of all, good news. There has been sufficient agreement on increasing the national debt ceiling.
- The next new ceiling will again become a crisis point in early 2025 after the next presidential election.
- Appears that there will be some Democrat concessions regarding work requirements and standards on recipients of food stamps. Medicaid will remain untouched.
- As Janet Yellen has more recently indicated an absolute deadline of Thursday, June 8, there will be some discussions in the House on Tuesday, where there will be grudging approval, followed by action in the Senate, probably on Wednesday. Then the President signs on Thursday and the world will be saved from a Great Recession. Might take a day later than Yellen's warning, but everything seems at this point to be okay.
- I guess there will not be a fatal Act Two by Republicans. What's that? Read my posting of 26May2023.
- Speaker Kevin McCarthy said that he has 95% of the his members happy, and while a few ultra conservations will moan, a lot, they don't add to 10 votes. McCarthy will be admired for showing good sense and control.
- A lot off progressive Democrats will scream and rant, and they are being told to do so to show the necessary liberal colors for the next congressional season, which kind of makes Biden look good for working out a compromise.
- President Joe Biden has in his pocket at least 10 Democrats who will vote as needed, and probably 20. These are the ones in safe seats and can come up with the reason for such a noble act. What do they get? Sure funding bargains for their state in the future.
- The House will pass the agreement, and so will the Senate.
- The Republicans will claim victory for they got a few key concessions.
- Biden will tout the two-year agreement, meaning this won't happen again until after the 5 November 2024 presidential election.
- The fact of the matter is that the debt ceiling will be increased, for the defense budget will again go up, with almost everything else remaining fixed for the next fiscal year.
- This was a standard political stalemate. Both sides won and lost.
- There will be no fiscal default.
- It starts with Stanford Assistant Professor of Chemical Engineering Chaitan Khosla in 1999 learning of his 3-year old's celiac disease, for which there was then no drug treatment.
- I of course immediately thought back to my undergraduate days in the Chemical Engineering department more than 60 years ago.
- Anyway he early on received the National Science Foundation's top award for early-career researchers, and was able to use those funds to work on finding a solution to celiac disease.
Khosla wrote to celiac research supporters in 2002. “I have a dream that when he goes to college in the fall of 2014, he takes with him a refillable prescription for a pill he can take whenever he finds himself in a situation where he cannot avoid, or does not wish to avoid, a gluten-containing meal.
- Today, two decades later, Khosla is a full professor, his son is five years out of college...and there is still no medication for celiac disease.
- Did he fail?
- Nope, it took him that long to create two promising therapies.
- This was just the start of a longer quest for funding, development, approval and cost-effective availability
- He says, for every project like his, there are ten others just on his campus in similar position. They have not yet even written the first chapter.
- Peace: 10% Simple Solution for World Peace
- Search for Extraterrestrial Intelligence: Worked at the NASA Ames Research Center in this area...wow, almost half a century ago.
- Eternal Life: how to live forever (my PhD dealt with DNA/RNA)
- There is the standard way...by going to Heaven.
- But what if there is no such place. What if religion is a con job? Wonder why there is no proof of an afterlife?
- Well, there are ways science should be able to lengthen your life. You'll still die because of accident or gamma ray burst or something else as awfully final, but there is no reason why we need to be stuck with a life expectancy of 80 or so.
- Energy
- Fusion: Star Power for Humanity (I spent two assignments with the Lawrence Livermore National Laboratory on laser fusion)
- Transportation:
- Ground: Direct Methanol Fuel Cell (a fuel cell car will take it five times further than any battery-powered vehicle, and methanol is a lot cheaper than hydrogen)
- Air: Hydrogen Jetliner
- OTEC and the Blue Revolution (I drafted the first OTEC and hydrogen legislation when I spent three years in the U.S. Senate, both of which became laws)
- Enterprises (I formed companies on the following ventures)
- Rainbow Pearls International (not white or black pearls, but colored ones)
- Hawaii Geo-Spa (an eco-tourism attraction using the geothermal effluents)
- The Ultimate Ocean Ranch
I should recognize, as I do annually, that tomorrow is Memorial Day. My posting of 2022.
The 34th annual 1.5 hour Memorial Day Concert on the National Mall begins at 8PM, and will be televised in Hawaii at 7PM, tonight, not on Memorial Day. Not much of a truly sterling cast this year, but it's all about patriotism, and looks like most Republicans are regaining their senses.
Super Typhoon Mawar is know as Super Typhoon Betty in the East Pacific. First appeared on May 20 at 30 MPH, shot up to 155 MPH three days later. On the 24th, brushed by and seriously damage Guam at 140 MPH. Intensified to 185 MPH on May 26, and today weakened to 120 MPH. Not sure about intensity, but the current path is away from the Philippines, sufficiently east of Taiwan, but the eye is currently projected to fly right over Okinawa.
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