Rosneft dodge

It is always dodgy with the Russians, right?

Russian petroleum giant Rosneft just announced that they sold their interests and stakes in Venezuela.  They want to dodge U.S. sanctions.  Who did they sell to?  They ain’t saying.... [Read More]

4+
avataravataravataravatar

Looking Out My Office Window and Taking In the Scene

So here I am, musing and wondering.

It has been a heckuva week. The dental products business was beginning to blossom and now has hit a stall due to dental offices being closed. My other main income source is construction in the state below where the Governor issues cryptic edits which leave business owners confused. I had the owner call me looking for advice on how to handle an employee who faked having Coronavirus.... [Read More]

10+
avataravataravataravataravataravataravataravataravataravatar

Bankruptcy Socialism: A Dystopian Tale

Bankruptcy SocialismIn September, 2008, with the financial crisis of that year triggered by the collapse of the mortgage-backed securities bubble shaking the foundations of financial institutions world-wide and an election in the U.S. looming which had the prospect of electing the most explicitly left-wing president in the country’s history, I wrote a Gnome-o-Gram titled “The AIG Takeover and Bankruptcy Socialism”, in which I introduced the term “bankruptcy socialism”.  I have appended that original article, unmodified, to this post so you can see what I was thinking at the time and how things evolved subsequently compared to what I envisioned.

Although I wish for nothing more earnestly than the kind of optimistic outcome from the present disruption due to the coronavirus pandemic and the measures taken to deal with it, such as those sketched by TKC 1101 in his post “So What Is the POTUS Strategy?”, I also believe it is wise to look at other, darker strategies which may be put into place by those with agendas very different from the swift and complete recovery from the present troubles for which I, and most people, hope.... [Read More]

14+
avataravataravataravataravataravataravataravataravataravataravataravataravataravatar

So What Is the POTUS Strategy?

From early statements it seemed POTUS was trying to portray Corona as another version of the seasonal corona virus, which it is. However, he sensed the media, the rogue IC, the Deep State on the Chinese payroll and such would try and make it the panic of the century.

He shifted gears, set fire to the best economy ever and decided to create a new show for us all. Wartime President, with fireside chats and team photos. All hands on deck, all well know brand names jumping on board for PR and a taste of the stimulus package. ... [Read More]

15+
avataravataravataravataravataravataravataravataravataravataravataravataravataravataravatar

We Just Hit The Society Reset Button

If you read stories about the plague years, you will see Shakespeare wrote King Lear while in isolation from the Plague, Isaac Newton hunkered down and came up with his theory of motion and the calculus. (No cable or PlayStation available)

Just like Pearl Harbor, the Cuban Missile Crisis, the retreat from Vietnam, the racial riots in the 1960s, the Iran Hostage crisis, the Oil Shocks, the Berlin Wall coming down and 9-11, such events can cause a redirection, a rethinking and much else on a very personal level.... [Read More]

16+
avataravataravataravataravataravataravataravataravataravataravataravataravataravataravataravatar

Strategic Reserve

Way to go, President Trump.

“We’re going to fill it right up to the top, saving the American taxpayer billions and billions of dollars, helping our oil industry and making us even further toward that wonderful goal, which we achieved, which nobody thought was possible, of energy independence,” Trump said during remarks Friday in the Rose Garden outlining the White House’s response to the coronavirus.... [Read More]

12+
avataravataravataravataravataravataravataravataravataravataravataravatar

China Smears the US !!!

INSIDE CHINA’S HIGH-STAKES CAMPAIGN TO SMEAR THE UNITED STATES OVER CORONAVIRUS

Excerpt from article: If you listened to Chinese state-run media, you’d think President Trump went to China and released vials of COVID-19 on groups of unsuspecting men, women and children.

9+
avataravataravataravataravataravataravataravataravatar

Fear Potion Number 19

Corona Virus Disease 19 (CoViD 19) is the word of the day, 24-7, and will be for so long as it seems useful to Talking Snake Media as a hook on which to hang criticism of Team Trump.

Team Trump is reacting really well. President Trump ordered restrictions in the very early days that helped to slow transmission. That bought us some badly needed time. And, he is playing the science card as well as possible. This is of course a controversial assertion. Media, Democrats and other Leftists say that Trump is “anti-science,” but that is just an empty slogan without any basis in truth.... [Read More]

6+
avataravataravataravataravataravatar

Market, Schmarket

During the Spanish flu pandemic of 1918-19, the US stock market barely noticed. This pandemic was global in extent, had a case fatality ratio of 2 to 3% (the same numbers bandied about for COVID-19), and killed anywhere between 10 and 100 million people globally at a time the Earth’s population was about one quarter of today’s. In the US, 28% of the population was infected, about half a million of whom died. Scaling to today’s population, that would be 1.5 million deaths.

... [Read More]

7+
avataravataravataravataravataravataravatar

We Need A New Collar Color

As the populace geographically disperses, as robotics and AI embed in everyday life in production, service and leisure, traditional white collar/blue collar (and the sexist pink collar) no longer works, just as rural/urban no longer describes our population.

Jobs that used to require minimal training by rote now require analytical understanding of what the technology is capable of and what it is not good at.... [Read More]

9+
avataravataravataravataravataravataravataravataravatar

A Cultural Turning Point- Thanks Coronavirus

I am sitting here at home in southwest Washington State, run by a hack governor and silly politicians tempered by the need to keep actual industry working, and backed by a fairly efficient set of state bureaucracies. (It seems states without income taxes seem to run their state departments with a lot more efficiency than the ones with a large money flow).

It is my birthday and due to the fears of the virus, my grandchildren in Seattle are staying away as they fear infecting the old man. My other grandson in Eugene is home with a cold. I am quite content with video calls from all in the family, a leisurely lunch at a keto bakery, a nice Thai dinner out tonight and with better weather tomorrow a drive to the north Oregon coast to take the truck on a beach run.... [Read More]

20+
avataravataravataravataravataravataravataravataravataravataravataravataravataravataravataravataravataravataravataravatar