Hammer Mill Days

T’was the night before Wednesday, and all through the house not a minion was haunting, not even the louse … who lives upstairs. And this isn’t a house, it’s a freaking mill. Anything else? Hah. So much for seasonal poetry. Not my best effort, I’m afraid. Hope all is well in your part of the country at this festive time of year. Did racist uncle Bob come up from Montgomery County? Did he break the electric blinds in the dining room again? Thought so. He does that every year , for crying out loud. Then he starts crying out loud. And your pretty little Christmas goes up in flames. Not a sound around the holiday table; just the ticking of the grandfather clock. The ticking! THE TICKING! Whoa, THAT took a dark turn. My apologies. It’s kind of a subdued Christmas around the abandoned Cheney Hammer Mill this year. Sure, we stand at the ready to fill 20th anniversary orders for our first album, 2000 Years To Christmas , a space odyssey. We’re anticipating order #1 … any day,

I should start this post with the standard disclaimer that I am not an economist. Inasmuch as this is a nominally free country, at present, I am going to opine on one of the central issues in the Democratic primary debate – the idea of instituting a wealth tax. Advocated in some form by both Bernie Sanders and Elizabeth Warren, taxing wealth is not a new idea by any means. Chris Hayes’s recent conversation with Gabriel Zucman gives a really good overview of the question, so if you want to hear someone knowledgeable discuss the merits of instituting a wealth tax in the United States, by all means give that a listen. For now, here’s my once-over-lightly. right in time for the holiday season. First, while this idea is remarkably popular, there is a lot of howling on the part of articulate opinion over it. If I were to guess, I would say that the reason may be simply that virtually everyone you see on television has some magnitude of wealth in the form of stocks, property,