There has been much talk lately about the United States removing military personnel from Germany, Japan and South Korea in an effort to save money. In 2016, future President Trump said “They do not pay us. But they should be paying us, because we are providing tremendous service and we’re losing […]
Kim Jong-Un announced at a news conference that North Korea would be sending a man to the sun within ten years! A reporter said – “But the sun is too hot. How can your man land on the sun?” There was a stunned silence. Nobody knew how to react. Kim […]
There is recent evidence that robots will not take all the manual labour jobs and that in fact, if you live in first world countries you will likely gain jobs from factories coming back to the US, Canada, EU, UK, Australia… We have been on the road to mass robotic […]
We ask this question sincerely and without malice: What’s Wrong With Immediate Deportations Of Illegal Immigrants? We are proposing a streamlining of the process that removes the judicial review process to a a much more efficient non-judicial initial review of illegal migrants taking place at a much lower level (somewhere […]
Joanna Coles on CNN’s “GPS with Fareed Zakaria” explains that people are transitioning from the classical method of meeting potential mates to an electronic process. She explains that there are serious positives to using apps to find potential spouses including:
Drawing from a much larger pool
Eliminating the effort required rule out a potential mate if there are characteristics you will not tolerate (i.e. Like Trump vs Hate Trump or Meat Eater vs Vegetarian)
Reducing the frustration of not finding someone compatible in a bar or other social setting
But there are also enormous negatives that have larger consequences for society at large like:
In our article BoycottUSA and BoycottTrump Does Not Mean Not Buying American, we explain that China is applying there retaliatory tariffs to Donald Trump supporters and no the US as a whole. That brings up the question of why China would target Boeing.
Boeing is based in Chicago and Chicago did not support Trump in the 2016 and they certainly don’t support him now:
The map to the right shows how Chicago voted; neighborhood by neighborhood voted against Donald Trump
While it is common sense and standard operating procedure for companies to quietly support their political leaders Boeing seems particularly aggressive in this area. When it looked like Hillary Clinton was going to win the 2016 Presidential Election, Boeing was there to help
Boeing, like many companies, woke up on November 9 to an unexpected political landscape. The company had been preparing for a Clinton presidency. Timothy Keating, its long-time senior VP of government operations, served under President Bill Clinton. There was even internal discussion at Boeing that Keating might join a new Clinton administration. Source: money.cnn.com/2017/02/17/news/companies/boeing-trump-dennis-muilenburg/index.html
Now the Donald J Trump has won the White House, Boeing has not unexpectedly flip flopped but they have taken it further than most, making some believe that they have a genuine support for Trump. From Presidential visits to photo opportunities to political conversation, Boeing is now tied to President Trump.
Preferential Voting (PR) is a ballot system in which voters number their winning preference rather than just casting a single ballot. For example, instead of just marking their ballot with the single person/party they would like to win, voters list the order in which they would have those on the […]
After World War 2 the US (and West in general) supported its former enemies. Rebuilding cities, legal systems, and economies on a massive scale. Germany and Japan were the primary beneficiaries of that financial aid and guidance and today those two countries are large stable entities that improve the West’s standard of living by providing both solid trading partners and political allies.
Some argue that those countries now take “our” jobs when in fact the evidence is clear that those countries have expanded the global economy for all. It is true that the US, Canada and the UK have a smaller slice of the global economic pie in 2018 compared to1950, but the pie is many times larger, so the net benefit to those countries is irrefutable.
Last year Chrysler announced the end of nearly all their cars, leaving the Chrysler 300 as the sole survivor. This week Ford announced they same thing by formally heralding the death of the Taurus, Fusion, CMax, and Fiesta leaving only the Mustang and Focus in development. General Motors will follow […]
The video below shows Derek Fildebrandt at the Strathmore on Monday April 23rd, claiming that UCP leader Jason Kenney told him he could not run against a female UCP member:
…What Jason (Kenney) said to me. It’s not about me challenging other incumbents. It was only about me challenging female incumbents… And he said I could run against any other men… I don’t think it serves women well to have effectively affirmative action in politics…
It should be noted that Mr. Fildebrandt is accused of many politically unsettling problems including:
It is well established that even well intentioned government intervention in industry very often ends up causing more problems than it solves. Today one of the issues facing the United States is a loss of jobs in the steel industry and so President Trump claimed this is a National Security Issue and so used his unilateral power to impose a 25% tariff on imports of steel into the United States.
On its face, this seems like a good idea. Simplistically, if decrease the ability of other countries to export their steel to the US will result in the creation of more US steel jobs. However, the world is not a simple place and what actually happened was:
Few new US steel jobs were (or will be) created as steel foundries take time to expand and most of that expansion will be done with… wait for it… automation, not direct jobs
The cost of goods produced in the US has to go up to accommodate that tariff. That is a particularly ugly reality for US consumers that like things made with lots of steel, like cars
Some important civic projects like steel intensive bridges have their costs increase or projects delayed so long (because engineers now spec required US steel that is back-ordered) that they are cancelled outright or don’t get completed in a timely fashion.
The five points above are well documented oft discussed in the media. The video below however, points out two fascinating unintended consequences that we had not thought of:
In the last decade the Dutch have reduced prison inmate populations by 50% and those sentences average to about 90 days in jail. Many people expected this drastic reduction of inmates to lead to a notable increase in crime because:
Dangerous, proven criminals are being quickly released back onto the street
There is virtually no deterrent effect to being jailed in the Netherlands
Contrary to this expectation the fact is that Dutch system has also reduced crime by nearly 40%.
As you can see in the image to the right, the Dutch now use their old prisons as temporary housing for some refugees.
How can that be? In simple terms, it turns out that after thousands of years of trying different forms of incarceration and punishment that Europeans have figured out:
There is a crisis at Facebook because of the constant negative media coverage of the Cambridge Analytica scandal causing users to question staying on the product and that has caused Facebook stock drop a truly staggering $70B in value in 11 days. It’s founder, Mark Zuckerberg, owns 28.2% of the company so he has lost $20B personally.
There is a also crisis being experienced by some Facebook users that have finally realized Facebook and nearly all other ‘free’ online services are harvesting personal data to allow others to micro-target advertising at them. WHO DIDN’T KNOW THIS ALREADY? Apparently millions of people thought Facebook was some benevolent do-gooder, that provided a complex service for free because they were nice people.
The only ethically questionable behavior by Facebook in this current crisis, was corrected way back in the spring of 2015. That issue was the ability of users to share not only their own information, but that of their friends (if those friends had not changed default privacy settings).
Facebook made USD$40B in 2017 and that was another record amount for them. They did this by monitoring you, figuring out what you might be interested in and then allowing advertisers to target you personally, just like they said they would.
The along came Cambridge Analytica who used a large set of Facebook user data and figured out patterns they could use to apply to other Facebook users. Cambridge Analytica organized the social media efforts for the Donald Trump Presidential campaign and now it is a political crisis too.
Today the United States oldest gun maker Remington Outdoor Company Inc, which owns Remington Arms, filed for Bankruptcy protection. The anti-gun lobby has taken this as a sign that the guns and gun companies are finally starting to decline. Unfortunately, Remington’s collapse is only a sign of bad management and will do nothing to stem the tide of easy to find, cheap guns.
Remington expanded production several in the Obama era, especially after Sandy Hook, as Americans feared their misunderstood second amendment rights were going to be taken away, resulting in spiking gun sales. Then after the flip flopping sometimes NRA supporter Donald Trump became President, all gun manufacturers including Remington found that sales declined because there was little fear of new gun restrictions.
In 2007 high profile private equity firm Cerberus bought Remington and started loading up the debt. In the end Remington took on nearly 1 Billion (yes, that is a “B”) in debt and was stuck with huge inventories they could not sell to service that debt.