Category Archives: Business

Business, Finance

Finally, Someone Else Noticed

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The past 2 days have been brutal to the stock market and everyone’s investment and retirement portfolios.  Wednesday the Dow dropped 831 points.  Today it dropped 551 points.  You may see a recovery tomorrow, which is known in the biz world as, “the dead cat bounce“.

A Reuters reporter penned a piece that said this sell-off can be blamed on fund managers and MACHINES. You can read the piece HERE.  Golly, someone noticed.

Let’s take a trip in the “wayback machine”.  Over 2 years ago, I wrote that the SEC needs to fix the stock market system by eliminating 2 things, short selling and high frequency trading (automated market transaction done by MACHINES). You can read my piece HERE. I pointed out that the SEC made some fundamental changes in trading rules in 2007 that may have led to the “great recession of 2008”. These changes let MACHINES crash the economic system.

And in August of this year, I wrote a warning piece about the Chinese developing Artificial Intelligence, which could be used to control all the world’s economic systems, using MACHINES. You can read that HERE.

The systems can be fixed BUT since big money talks, I predict that NOTHING WILL CHANGE.

Business, Culture, Finance, International

What Could Go Wrong?

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“… 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

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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.