My speculations about bankruptcy for WSU football.

Walkway along fancy new center for Cougar Football near the stadium in Pullman.

I wonder who WSU athletics debt is owed too? Banks or internal university, state of Washington funds?

If to an outside bank, that could bring up the topic of potential bankruptcy. I wonder if bankruptcy could protect the rest of the university from having to fully pay off that debt?

Most officials would probably think these questions are premature. They are now focusing on the unknown future which involves probably moving to another conference now that the Pac 12 has broken apart. Also potential new sources of revenue from the constantly changing media landscape; internet media and so forth beyond ticket sales.

They are also focusing on this season with the Pac 12 still functioning. The changes in the conference start next year. I've never been a sports fan, myself and it does seem like an unnecessary burden to me.

Western Washington University, here in Bellingham, did away with it's football program during a round of state mandated cuts. Unlike at WSU, football at Western was never that large and I don't think it was ever seen as a net revenue generator. I don't think it ever payed it's own way like a business.

At WSU, I think football payed its own way till recent times when the stakes got higher and it became more expensive to to keep up with the Jones.

A few months ago, I got to thinking WSU should have gone to a less costly, "high stakes" conference before incurring that debt, but hindsight is better than foresight.

Now that situation has come to pass as it looks like WSU will find itself in a different football conference now that the big schools that are closer to big cities, like Seattle and Los Angeles, are planning to leave the Pac 12.

Most people worry about whether our southern border is too secure, or not secure enough. The bigger issue is that an overwhelming number of folks dream of living in USA.

Many folks dreaming of living in USA, Canada, Australia or Europe never even make it to the border.

I keep thinking of different angles on similar themes, like world population.

Conservatives make it sound like our southern border is totally out of control and being flooded with immigrants. I doubt that's the case, though I haven't seen it with my own eyes.

The media tells that story, but it also tells the story that liberals will say; it's really hard to cross the border. Enforcement is harsh. The truth is usually in the middle.

I would guess that it's hard to cross the border; even under Biden, there is plenty of enforcement. The factor that both sides overlook is not an issue of enforcement. It's just the overwhelming number of people wishing to come to USA. There are so many people wishing to be in USA that even with a fairly tight border, it's kind of an overwhelming situation.

I worry that much of the world is becoming unlivable. Ruled by authoritarian dictators that hate LGBTQ people; for instance. Wars, famine and climate change. Much of the land area of earth is under the iron fist of dictators.

Lots of people are dying just trying to live their lives, or get to places where they and their families are safer. Some parts of the world are getting more open minded, while other parts are under authoritarian regimes. Many parts of the world seem to be getting worse.

Here in USA, we have some folks who would like to push us back to a more authoritarian culture, but we still have a good degree of freedom and many parts of USA have been making good progress over recent years. Things seem to be pretty good here in Washington State.

In many ways, the world around me has seen lots of improvement. Some problems as well, but all in all there is progress, at least in some areas, but it would be better if there was progress, or at least basic livability, in most areas of the world.

Photo: World map on first floor of Webster Hall, WSU, Pullman.

Government isn't the cause of the regulation gridlock. Today's world is just more crowded with more powerful technology and the environment is more vulnerable to harm.

Conservatives tend to blame government for the vast maze of environmental regulations that make doing things next to impossible. There is a deeper problem than government.

The modern world is different than the world of a century ago. The world has more people so it's more crowded. It's harder to do anything without someone complaining that it's too close to their backyard.

The technology we have, today, is a lot more powerful than in the past. Business can potentially do a lot more harm. A third factor is that safety and environmental expectations are higher today. In the past people lived with smog, unsafe working conditions and so forth with less complaint. Today's expectations are higher; except for maybe a glaring loophole caused by the automobile. People still take for granted the traffic death toll while other safety rules are more stringent. The automobile is grandfathered in.

Another thing that is different, today, than in centuries past, is how much awareness we have of things that could be harmful in our environments. Contaminants in the air and water can be measured in the "1 part per millions" range. Even trace amounts of things make modern people nervous.

These big changes, between modern society and the past, are the main factor. The government is mostly just a scapegoat; like folks barking up the wrong tree.

Yes, private enterprise can be more innovative than government, in some cases; for instance Space X (a private firm) has done some things in space that NASA hasn't been able to accomplish. Still, NASA has done some innovative stuff as well.

The way an organization is set up, whether private or government, is a factor, but the big factor is the fact that we live in a more modern and crowded world than we did in past centuries. Population, technologies, awareness and expectations are different these days.

Why there are a lot of jobs in spite of rising interest rates

Some people are scratching their heads wondering why there are still so many jobs in spite of high interest rates. I just thought of a reason. Lowering interest rates is a bad way to increase the number of jobs.

Up until the pandemic, low interest has basically gone into inflating home values and other assets; not as much into creating jobs. Now that interest rates are higher, asset values are starting to calm down, but job creation remains strong; so far at least.

Conservatives tend to think private enterprise is better at creating jobs than government. That philosophy has been a big factor behind trying to create jobs via low interest rates. It hasn't worked that well. To a large extent, private entrepreneurs have held onto their money and acted to protect their asset values. This doesn't lead to that much job creation. More recently, there has been a surge in government spending, covid relief, infrastructure and stimulus spending. I think that might be a better way to create jobs; even in the private sector as private companies are often mostly just vendors supplying government contracts.

The true private market has been more sluggish in past years due to many factors; including caution about risking capital on new ventures. There's been some new ventures and innovation in private enterprise, but also a lot of aversion to risk. Conservatives would say that aversion to risk is mostly caused by layers and layers of government regulation. Yes, that's a big factor, but not everyone wants what private enterprise brings to their neighborhood. One example of a restrictive regulation, of course, is single family zoning.

Now that there's more talk about the housing shortage, I am noticing more multi family construction going on in the past 3, or so, years. This, being a factor leading to the boom in construction jobs and a shortage of skilled labor in the carpentry field.

Job creation has been pretty strong during the Biden Presidency. Conservatives are wondering "how can that be?" Some folks are predicting a crash to come soon due, in part, to the rising interest rates. They also don't trust "Bidenomics."

Who knows, but so far, the job picture still looks pretty rosy and I think rising interest rates hasn't detracted much from job creation. Rising interest rates may mean less people making a living by flipping real estate.