Every Friday the 13th, newsrooms repeat the claim that American businesses lose $750 million because people stay home out of fear.
The real story behind Friday the 13th is a classic Wall Street grift 🧵
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1. Dutch insurers analyzed two years of claims and found fewer car accidents, fires, and thefts on Friday the 13th than on an ordinary Friday.
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2. The famous "$750 million lost per Friday the 13th" figure is an inflation-adjusted guess from a 1968 book with zero empirical study behind it.
A spooky date makes a great alibi for whoever is pulling the levers. Full story in my latest post at deverdialogue.com.
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Congress spends about $1.84 billion a year renting farmland for conservation. The program is full, and its authority to sign new contracts ran out September 30.
I spent the last few weeks running the numbers on a fix that costs nothing extra. 🧵
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So I wrote a white paper for the Ag committees. It asks what happens if part of the program moves into strips, inside the current cap and the current budget.
The answer surprised me. So did how many acres Ohio would get.
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If you farm, would you give up your worst 10% of a field for a strip? Tell me why or why not. I want to hear from people who work the ground.
The full paper is a bonus for paid subscribers this week: deverdialogue.com
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At 11 a.m. today, the cannons fire over Lake Maxinkuckee at Culver Military Academy, the way they did in 1991 when I was a cadet there. That fall I learned one of our graduates was among the last living men who fought in World War I. 🧵
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Did you or someone you love ever pay for help filing a VA claim? Tell me below. Article in the reply 👇
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I ran this article earlier this summer, and I think it is a good fit for a lame duck session. The federal government pays more than $15 million a year to rent an office building in Queens. On a typical day it’s about 13% full. 🧵
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If you ran a business with an office 87% empty, how long would you keep paying the rent? Tell me below. Read the article in the reply 👇 and then share this with your congressman.
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