Category Archives: Business

This Picture Should Scare The Hell Out Of Everyone

THIS PICTURE SCARES the HELL out of me! 

Forget about the blather de jour that the media puts forth on a nightly basis.  There has been almost NO  media coverage of this REAL EMERGING THREAT.

What are we looking at?  Well it’s a commercially available quadcopter or “drone”, with an explosive attached to it.

I found that you can buy this exact drone online for $199 with free shipping.  I suspect that the Mexican cartels used this particular drone as they are manufactured in Tijuana, Mexico.  Oddly it was designed in Berkeley California, the hub of “free speech”.  There are numerous OTHER quadcopters made in China which are available for retail purchase for a few hundred dollars and they all have similar capabilities.  And it’s the CAPABILITIES that are worrisome.

As an alternative to buying a completed drone, you can buy all the parts and pieces from many sources, foreign and domestic, to put one together.  In fact if one were sneaky, one would probably source the parts through a number of different vendors to cover one’s tracks and not raise any red flags.  Notice I say “one” which has significance that I’ll clarify below.

The picture shows what Mexican drug cartel operatives were caught with.  The report said it is carrying what they call a “potato bomb”.  It’s 1 pound of explosives wrapped in shrapnel (nails and ball bearing) to enhance its killing capabilities.

Here’s what i find disturbing about this.  A drone like this can fly at 30 mph or more.  It has a flight time of at least 10 minutes before the batteries die.  It may be able to travel faster and have a flight time of possibly up to 20 minutes.  Using the conservative numbers of 30 mph for 10 minutes, that’s a range of AT LEAST 5 MILES, possibly more than 10 miles.  With the built-in GPS it can travel those 5 to 10 or more miles and arrive at a target within about 10 feet, possibly even closer.  There are ways to get it within INCHES or factions of an INCH of a target.  There is a possibility to fly it through a window or doorway just to give some additional food for thought.

A drone like this is capable of completely autonomous operation.  What does that mean?  Well an evil doer can program in the GPS coordinates for the target and set it loose to cause mayhem.  It does not require any further human interaction once the target location has been programmed in.  Virtual waypoints (locations to define the drone’s flight path) can be programmed to allow the drone to skirt around buildings and other obstacles which would make it harder to detect.  You’ll hear some naive “experts” saying that you can “jam” the drone.  That is patently FALSE!.  Again, it flies all by itself.  Once the drone is in flight there is NOTHING to jam.  Keep in mind that NO training or experience is required to get the drone flying.  Technology has made it that simple.

It gets worse.

Now here’s where it can get even scarier.  At a cost of $200 a bad actor could buy 100 of them for less than the price of a nice used car ($20,000).  They could be released miles away from a target and the flock of killer drones could approach the destination from multiple directions.  Recall above that the flight path can be programmed in.  The bad guy could also “sequence” them so they arrive in “waves”, staggered a few seconds apart from each other, again coming in from all directions.  The odds of stopping  ALL 100 drones coming in from multiple direction in “waves” would most likely be near ZERO.  An attack in an urban setting would make detection and interception virtually impossible by any means.  I don’t think the military, law enforcement, or any government agency has the capability to stop such an attack.  And again, some food for thought.  100 drones means 100 pounds of explosives.  That’s a heck of a big boom.

The press likes to use the term “lone wolf“.  Well one bad guy could easily load 100 drones into a van and let them loose miles away from the intended target, ALL BY HIMSELF!  One EVIL man.  No vast network of terrorists required.

This is why I said, this should scare the hell out of everyone.

Who’s The Smartest Guy In The Room?

Or perhaps the title should have been “Who’s the biggest CRETIN in the room?”

During all the devastation that was happening in Texas due to Hurricane Harvey, a panel on a business show was debating what the best money play is to profit from the disaster. This was the day after the hurricane made landfall and the first inkling of the devastation was shown.

The panel was discussing what would make a better investment play, new car sales or large used car dealerships.

Okay, I understand that investing is generally a “someone wins and someone loses” system, but this discussion about how to maximize a return as people are dying, losing their homes, trying to find shelters was a bit too disgusting for me. Three guys sitting around in suits inside of a comfy studio nonchalantly speculating on how best to capitalize on the suffering was abhorrent. Couldn’t they have had a bit of humanity and saved this discussion for a later date?

I believe that these “investors” were mostly trying to prove on national television how smart they were. First to come to the profit party. To me they only proved how worthless they are as human beings.

I remember a similar incident in the 1980s.  A volcano erupted in Columbia and buried tens of thousands of people in mud and ash. “Investors” were speculating on coffee futures because of the devastation.  Nothing like profiting on death and destruction of brown people in South America.

It’s not always about money!

I encourage anyone who is reading my musings to donate to the Red Cross or Samaritan’s Purse or to any other agency of your choosing, to help in the disaster relief.  Whatever amount you can, no matter how small or large.

What A Great Country

I started to write about the Yale University hunger strike that is going on. Doctoral students are “symbolically” holding a hunger strike demanding the university pay more than the $30,000 a year stipend, full medical coverage, and $40,000 in tuition. $80,000 per year just doesn’t go as far as it used to for one individual.

Oh, and the “symbolic” part, is that the snowflakes leave their sit-in to get pizza and burgers if they get hungry during the hunger strike. One student commented that it’s “still inspirational” even if they eat during the hunger strike.

The $80,000 per year number sent me down the trail to see just what the poverty level is in the United States and at what level does a citizen receive Obamacare subsidies.

From the ACA (Obamacare) website, a family of EIGHT is considered at the poverty level if their income is $40,890. HALF of what a Yale doc is GIVEN. For an individual, the poverty line is $11,880 or 7 times less than what the POOR Yale graduate student is compensated.

Life is hard…

The reason I mentioned at the beginning of this musing that I “started” to write about the poor snowflakes, is that while researching about the poverty level I tumbled across a financial “advice” website that had recommendations to reduce a person’s Adjusted Gross Income to maximize their Obamacare subsidies.

The website had these “tips” for HIGH INCOME EARNERS to reduce their AGI and maximize how much money the government (fellow tax payers who actually pay taxes) gives to them.

Contribute $18,000 to your 401K and $5,500 to your IRA to remove $23,500 from your income level.  This is good advice for anyone.

Have and S-Corporation or LLC to write off all your business expenses. The financial advice about S-Corps is to structure them to provide NO  OR LITTLE PERSONAL TAXABLE INCOME.

Own rental property and deduct all the expenses of managing the properties, as well as the depreciation to reduce or eliminate any income tax.

But here’s the best advice.,,

The website points out that if you have your rental property in say BORA BORA, you are allowed to deduct TRAVEL EXPENSES to check on your property there.  A business class round trip ticket from Los Angeles to Bora Bora is only $6,168. Do that once a quarter and you get an additional $24,672 in deductions.  Of course you’ll need to stay at an over the water bungalow at $2000 per night while your checking on your multi-million dollar rental investment.

And the Progre-sissies who whine about income inequality want to KEEP Obamacare as the law of the land.

As I said in the title “What a great country!“.