Should we respond to bias by being biased in the other direction?

My first reaction when I saw this article — Conservative investment funds take aim at ‘woke’ corporations — was to cheer. Now you can invest without supporting woke nonsense!

My second reaction was to wonder if ETFs should simply focus on profit and not have a bias towards conservative groups. It’s all well and good to say “we believe the companies that focus on their profits will be better investments than those that focus on social justice,” but these funds go beyond that and ban from the fund companies that mandate left-wing training. It’s at least conceivably possible to mandate left-wing training and not allow it to get in the way of pursuing profits.

My final reaction is to cheer again. The point here is simply to create an investment vehicle for people who want to promote conservative values. There are plenty of funds that are designed to promote a particular social agenda. What’s wrong with that? If people want to invest their money based on the impact the companies have on society, that’s entirely up to them.

Do home appraisals make any sense?

I was telling a foreign friend about the upcoming appraisal on my mom’s house, and how I need the property to appraise above a certain amount. He said he didn’t understand how appraisals work in the home-buying process, so I tried to explain. Here’s what I said.

“Most people in the U.S. buy homes on credit. The bank doesn’t want to loan more than the house is worth, in case they have to foreclose and sell the property. The appraisal is to ensure the bank that it’s safe to loan X amount of money for a given house.

“At least that’s the story. The reality is that when a bank forecloses on a property, they let it sit for months, or even years, unoccupied, during which time the pipes freeze, burst, and flood the basement, mold grows on the walls, animals make nests in the attic, etc.

“Bank foreclosure properties sell for cheap.

“So I’m not really sure what the actual purpose of an appraisal is.”

It seems as if the appraisal is a kind of financial fiction.

Okay, let’s agree that we had to get rid of Trump

I don’t think Trump was 1/4 as bad as people like to pretend, but … fine. Let’s agree for the sake of argument that he had to go, and let’s also agree that Biden was the best possibility to get that done.

Okay. The deed is done. “Orange Man Bad” is gone. You can come out from under your bed.

But now you’re faced with a clearly incompetent person in the White House. That is not good for America.

Can you imagine any self-respecting president with one functioning brain cell and one molecule of testosterone allowing his staff to give him cards to tell him who he can pick to ask a question at a press conference? That’s how you treat people with dementia.

This is miles past acceptable. The man simply does not have the juice to perform the job, and he has to go. The sooner the better.

Biden must go

He’s clearly an incompetent old fool, and now some of our Marines are dead because of it. This is an escalating catastrophe that is entirely Biden’s fault.

The trouble is, if you get rid of Biden, you get Harris, and if you get rid of Harris, you get Pelosi. I have no reason to believe they’d do well dealing with this.

Who can we put in charge of Afghanistan? Are any of the generals of any use, or are they too busy reading up on how to make the military woke?

Update: P&C dedicated last night’s show to the Afghan mess. 157: Biden’s Afghanistan Disaster