Category Archives: Business

Business, Culture, Finance, International

What Could Go Wrong?

Leave a comment

“… AI (Artificial Intelligence) could be the worst event in the history of our civilization“, Stephen Hawking.

Hawkings speculated that computers can emulate the human brain and could potentially bring new solutions to global problems. Cancer treatments, pollution control, increased production, more efficient farming, weather prediction, and a host of other benefits. But Hawkings warns that if unchecked and unregulated AI can also be used for nefarious purposes. “It brings dangers, like powerful autonomous weapons, or new ways for the few to oppress the many.”

Let’s take stock of who is developing AI and some of their motivations

The Overlords at Google are spending big on developing Artificial Intelligence. They were early on funded by the US Department of Defense, The purpose was to help sort through all the intelligence data collected worldwide to help the military in their constant battle against evil forces. Here’s where it gets weird.

The employees at Google had a hissy fit and protested to Google management, that they didn’t want their work to be used by the United States DoD, even though we tax payers paid for the products they developed. In conjunction with this protest of the United States gaining benefits from Google AI, Google, invested BILLION$ of dollars into an AI campus in, take a guess, China! Now China doesn’t allow businesses to exist in that country unless the Chinese government has access to the technology. So in effect, Google WON’T help the United States defense but they WILL happily HELP THE CHINESE government and in turn the CHINESE MILITARY.

Here’s another THREAT that is UNNOTICED as we spend all of our time and energy worrying about Russia. I believe that the Chinese PLAN to dominate the United States without firing a single shot. The Chinese plan to dominate the WORLD’S economy and stranglehold ALL COUNTRIES. AI has the potential to give the Chinese exactly what they desire. How? Right now the BIG MONEY is in owning the “Crystal Ball” that allows you to dominate in trading, whether it be in equities, commodities, or currency. Whoever owns the market OWNS THE WORLD.  Sounds like an evil Bond villain, but this boogie man is REAL.

Here’s an example of said “Crystal Ball“. Hillybob Clinton took $1000 in 1979 and in 10 months amassed $100,000 trading in cattle futures. Analysts say that the odds of such a gain by a novice trader would be 1 in 31,000,000,000,000. That’s one heck of a “Crystal Ball“. Okay Hillybob’s “Crystal ball” was most likely “insider information”. Now if the Chinese can figure out how to use AI to tap into “insider information” or figure out trends with certainty, they will use their “AI Crystal ball” to win the WORLD ECONOMIC LOTTO in a grand scale. If the Chinese can consistently beat 31 TRILLION to 1 odds using AI, they would end up controlling all of the WORLD’S FINANCIAL MARKETS.

Europe is talking about regulating AI, but do you think that the SECOND LARGEST ECONOMY IN THE WORLD gives a crap what the Europeans regulate?

While the FAKE NEWS media is screaming “Russia, Russia, Russia!”, I believe that the Chinese are quietly working on taking over the WORLD by controlling all the money.

BOHICA

Business, Culture

Gender Pay Gap

Leave a comment

I’m all for equality in pay.

Here’s some data of a gender pay gap in one industry.

This industry has on average a 128% difference in pay between genders. On the upper end of the pay scale it gets ever more disproportionate. One gender’s highest wage was $1.5 million. The other gender was compensated $47 million. That’s an over 3000% gap in pay!  (This was taken from 2013-2014 data)

The funny thing is I don’t hear anyone complaining about this obviously SEXIST wage gap.

What’s the industry? Fashion modeling.  Women have ALWAYS made more money than men.  The gap is out of whack and opposite compared to the 20% pay gap, I hear so many social justice warriors complaining about.

I think women should be foregoing these huge contracts and stand up for their downtrodden male counterparts.  Make it more equitable for MEN.  Shouldn’t men get the same rate as women for standing around and looking “purdy”?  And we need some men with beer bellies to represent the ordinary man.  Ripped six-pack abbed guys are fat shaming the rest of us beer swilling Neanderthals!

C’mon fashion industry leaders, who are by and large women, fix this egregious condition.   Most of you leaders probably endorse the socialist agenda.  From the DSA’s website propaganda, “We reject… gross inequalities of wealth and power, discrimination based on race, sex, sexual orientation, gender expression…”  Get with your party’s goals.  Zir up!  I would have said “man” up but they wouldn’t have understood the terminology.

Never mind the fact that there are valid financial reasons as to why women are compensated more highly than men.  This is socialism we’re talking about.  Screw the EVIL profit motive!

Fair is fair, or stop your F’ing whining.

Business, Culture, Finance, Government

For Which People?

Leave a comment

Today, the Democrats secretly unveiled their new election slogan, “For the People“. The Dims are supposedly going to focus on healthcare, infrastructure spending, and Republican corruption.

Yes, they should fix the healthcare debacle that they created. Remember Nancy and her famous justification for passing the bill, “We have to pass it to find out what’s in it!“? We found out that it benefits the few at the expense of the many. Great deal.  What the Dims want to do is double down on Obamacare as their fix.

What gets ignored in the debate about the current fiasco of healthcare is that it hurts the MIDDLE CLASS THE MOST. For those that work for a large employer, they may not have seen much of an effect, but long term the employer couldn’t give out raises because of these increases in healthcare costs.  Someone ends up paying for the increased cost and it’s the worker in the long run.  Why do you think that wages have stagnated?  More on this below.

Small business owners are hit hard if not the hardest. Some business owners have made the decision to limit the growth of the companies to stay below the 50 EMPLOYEE healthcare mandated ceiling. Above 50 employees the rules for an employer paying healthcare dramatically changes. More people could have been employed but it doesn’t make financial sense to take the step over 50 to many business owners.

What you end up creating is TWO CLASSES. Wealthy and poor. Those in the middle are burdened by the yoke of healthcare. How big of a burden is it? In real dollars I can tell you that for an individual healthcare is about $10,000.00 per YEAR. A family of 4 must spend about $25,000.00 per YEAR. And remember that’s for INSURANCE ONLY, NOT COVERAGE. They don’t tell you that you need to spend those dollar figures before your coverage starts. And in most cases, the coverage is only 80%. Another great deal.

A recent study shows that the percentage of businesses comprised of startups and small businesses is declining. Why is this? I suspect it has to do with economies of scale. Large businesses have a distinct advantage over the small company because they can negotiate for lower healthcare insurance costs as well as paying for staff to navigate the morass of regulations and taxation mandated by state and federal governments.

Why are healthcare costs HIGH and INCREASING?  With the passing of Obamacare we found out that inside of the legislation, those in the MIDDLE CLASS must PAY for those who are “UNINSURED”.  Legislation “For the uninsured people“.  Socialist wealth re-distribution.  Feels good to force working people to give their hard earned dollars to others.  Social justice from above.  Obamacare is a TAX that is buried inside of healthcare premiums.  If the Dims were honest (which is an unlikely scenario for any politician) they should have proposed HIGHER INCOME TAXES to pay for FREE healthcare “For the uninsured people“.  It would have only been a 5% to 10% increase in income tax.  Those forcibly obtained dollars would have easily provided insurance “For the uninsured people“.  Do you think a 10% income tax increase would have been popular?

Here’s that sad part.  Many in the working class have, on top of their increased healthcare costs, also LOST the equivalent of that 10% TAX.  If you didn’t get a raise or you received a smaller than usual raise since the beginning of Obamacare, you’ve fallen behind at least 10% in your yearly income.  If the business owner could have given you a 1.25% raise per year for the past 8 years of Obamacare’s existence, your pay rate would be more than 10% higher than it was before Obamacare.  Even if you get cost of living raises from now until you retire, remember you’re still losing that 10% of earnings for the rest of your working career.

Democracy (ahem SOCIALISM) at its best.

Feel better now?