The heat here in L.A. today is torture. Hot as blazes and humidity. Just crazy hot. Over 101 here in Beverly Hills, and that is rare. I dragged myself to me 12-step meeting in an airless chamber where there usually is modest air conditioning if I bribe the manager of the building. But today, barely a whisper and the heat was like being whipped. It reminded me of days in Maryland and D.C. before air conditioning. Hell.
Is there any honor great enough for the men who invented air conditioning? Is there are prize big enough? The Internet is a nuisance. Jet airplanes are their own torture. Space travel is a mirage, so far. But air conditioning — there is a work of God’s genius in man.
After the meeting I walked a few blocks to Citibank to reactivate a dormant account. I earn .10 percent interest on that. Is that cool or what? That the bank takes in deposits at price X and then lends them out again at 45 times X. That’s what the Fed has given us and it’s great for bankers and I LOVE bankers, but maybe we depositors could just get a few pennies more.