Archive for economy

Occupy Wall Street and a Common Sense Viewpoint

After I have listened to news about Occupy Wall Street on all the major networks, one wonders if any of these reporters have actually visited the OWS web site and read their demands. One look and one can only imagine these are “cradle-to-grave entitlement” people who are hippes of the 60s, children of socialists of the 60s, communists, and anarchists. Their vision of what America out to be is not America at all. Anyone who has taken Economics 101 knows that these demands cannot be paid for and would turn the USA into a 3rd rate country. For the most part these demands are excuses of the lazy. As George Washington said: “Ninety-nine percent of the failures come from people who have the habit of making excuses.”

First they want all worked unionized immediately. That was tried in Soviet Union and look what it has done to European countries that are at or near total bankruptcy. Raise the minimum wage immediately to $18/hr. Create a maximum wage of $90/hr. to eliminate inequality. Okay now this is simply idiotic. Imagine a couple that invests $100k to open a restaurant and now have to increase dishwasher, bus boy, cooks, and prep workers to that wage? Now tell me who is going to pay $15 for a hamburger in order to pay for these wages? And what Doctor who spent 7 years in school and 2 years in residency or a CEO with 20+ years building billion dollar businesses work for that? Plus since this would all mean no profits, you can kiss goodbye to retirement investments as no one would buy any stock to invest in anything. Do these idiots think the federal government can do all the investing? Have these OWS actually seen the great job they have done with USPS and Freddie Mac? If you want that kind of wage automatically remember this – wages are earned by skills and accomplishments of your work. As Abraham Lincoln said, “You can have anything you want – if you want it badly enough. You can be anything you want to be, do anything you set out to accomplish if you hold to that desire with singleness of purpose.”

Okay now this one is just funny – Institute a 6 hour workday, and 6 weeks of paid vacation. When was the last time you heard of great inventions by private companies in France? Institute a moratorium on all foreclosures and layoffs immediately. Again silliness here – banks go out of business and companies go out of business. So where do you now get your groceries, gas, and other needs now that a company that is forced to reduce their workforce cannot and had to close their doors?

Repeal racist and xenophobic English-only laws. Hello!!!!!! Have you any idea what the cost involved printing multiple language signs, documents, and interpreters? If I move to Brazil, is it not my responsibility to learn Portuguese?

Open the borders to all immigrants, legal or illegal. Offer immediate, unconditional amnesty, to all undocumented residents of the US. Stupid, stupid, stupid. What other response can I make?  Create a single-payer, universal health care system. Does not work in UK or Canada which are MUCH smaller than USA, so what makes you think it will work for a country more than 3 times the size of those two countries combined?
Pass stricter campaign finance reform laws. All campaigns will receive equal funding, provided by the taxpayers. I agree with that.

 

Institute a negative income tax, and tax the very rich at rates up to 90%. LOL! Seriously half the people pay NO income tax at all – that is the problem. We already have a progressive tax system. And don’t give me that crap about it was 70% or 90% before Reagan and Kennedy. If you knew your history, you would know that that was for the ultra-rich who paid that – not the $250k to $5M per year income people of today.
Allow workers to elect their supervisors. What? Are you insane? Investors and Board members and the corporate officers decide who is a supervisor. It is their investment – their money – or the official hired to manage their investment that makes that decision.
Lower the retirement age to 55. Increase Social Security benefits. Okay, so by the time you finish college at age 22 you expect a part time 30 hours per week work life of just that of just 33 years? Since the life span is now in the late 70s and 80s, you want only 1/3 of your life to contribute taxes but yet want all of these benefits? Where will that money come from? If you tax everyone making over $90 per hour at 90% of their income, that will not even cover 2% of the total costs to pay for what you want. As Dwight D. Eisenhower stated: “Every step we take towards making the State our Caretaker of our lives, by that much we move toward making the State our Master.”

Create a 5% annual wealth tax for the very rich. Okay so 90% plus 5% – you want to keep 95% of someone’s money in taxes? Where is the desire to work to create wealth?
Ban the private ownership of land. Now this is insanity. Our founding fathers came here to get a piece of their own land – my house IS the American Dream.

Make homeschooling illegal. Not only are you bigots toward people of faith, but I went to high school BEFORE the feds created the Dept. of Education and believe me we were all fine with local school boards running things.  Reduce the age of majority to 16. Personally I would prefer that no one under the age of 30 gets to vote – that is just an opinion. But honestly until you have to pay for your own roof over your head or save to buy a house or start a family, you have no clue about anything other than tweeting and messaging and MTV.

Abolish the death penalty and life in prison. We call for the immediate release of all death row inmates from death row and transferred to regular prisons. In the South we prefer chain gangs because they actually work. And the death penalty carried out within the 2st year of sentencing would go far in detracting criminals from heinous crimes.
Ban private gun ownership. Have you heard of the Constitution? Are you even remotely clued into what give me liberty or give me death means? Do you understand that state militias exist from the beginning as a warning to the federal government? As Benjamin Franklin said: “They who would give up an essential liberty for temporary security, deserve neither liberty or security.”

M2M2P possibly the Next Boom for the American Economy

M2M2P is the missing link for both consumers and business alike

M2M up to now has primarily been focused on vending machines, smart meters, and remote monitoring and access alarm controls (post SCADA). As the economy improves over the next 3-4 years allowing for private investments into 5G nano networks and the eventual marriage between the wireless operator, utility, and broadband carrier, the “human factor” of M2M2P focusing on user interface and user experience will change the way people manage their lives.

Yesterday Verizon announced a bigger move into M2M2P communications, especially for enterprise business customers (see Connected Planet interview http://bit.ly/ugu2zI)
A near-infinite number of IP addresses by the increasing use of IPv6 also means that mobile wallets, vehicles, and smart meters outside the home to security, energy, appliances, and medical devices inside the home – all can be managed by your smartphone or mobile tablet.

M2M2P is the missing link for both consumers and business alike and is more palatable to a growing economy (as reluctant taxpayers refuse more tax hikes and detest the idea of “cap and trade taxes”). For consumers, they will have the ability to manage heating, cooling, lights, appliances, and more according to their own comfort and budget. For business, M2M2P reduces production time, increases the lower cost of JIT inventories, and manages the transportation costs.

M2M2P without the over-regulation of cap and trade

M2M2P without the over-regulation of cap and trade means that the economy can grow in the 21st century according to the proven method that works – supply by business that meets the demand of consumers and businesses alike.

m2m2pImagine if you will how medical cost can be lowered, preventative diagnostics increased, and the communications between doctor and patient makes for better assessment and treatment methods.  Here is another good reason why M2M2P can be done more effectively by de-centralizing federally controlled healthcare and putting the control back to the patient-doctor relationship and states to allow for real competition among heath care insurers.

For enterprises, M2M2P means moving away from costly data centers to more efficient  mobile cloud computing and hybrid apps reduces capital expenditures and increases business efficiency  in predictive decisions based on synthesized data as well as workforce mobility.  As an executive recruiter, it still amazes me that most companies have still not embraced the reduction in facility cost and benefits resulting from telecommuting and/or allowing employees to work from home.  here is what M2M2P can do.  With Skype video, enterprise based private social networks, dropbox, and cloud computing, many positions from systems and software engineers to sales to marketing to finance do not require those additional facility, relocation, and benefits costs.

The other benefits of M2M2P are the ability to drive innovation for businesses – which is what has always made the USA the envy of the global community.  Personalization based on Web 3.0 serves businesses to better deliver according to consumers’ needs and preferences while at the same time driving companies to re-engineer their processes and business models. From being able to adjust orders and delivery to multi-functional kiosks to “click to chat” windows, using M2M2P, companies can better serve both B2B and B2C customers alike.

By combining the  growing list of  semantic web 3.0 technologies, Android and iOS and both public and private social network applications with 5G networks, M2M2P can be realized and spark a growth in the USA economy that we have not seen in more than a decade.  In order for this to happen, we MUST decentralize the federal government and unleash the might of the American spirit – which has always been driven by individual initiatives and business innovation without the obstruction of overburden regulations.

Medical Device GE Xray Move to China Not Ideal Decision

 

Doctor XRay - Medical
GE and Jeffrey Immelt, President Obama’s top outside economic advisor believe that by moving the headquarters of its 115-year-old medical device XRay business to Beijing, China from the Milwaukee suburb of Waukesha is good for overall growth. I can only guess that the 820 employees in Waukesha, Wisconsin are absolutely giddy over the company’s future growth potential.

Although Anne LeGrand, vice president and general manager of x-ray for GE healthcare, has stated in an interview that a handful of top managers will move to the Chinese capital and there won’t be any job cuts, one has to wonder about the long-term prospects for those left behind. The company said in a statement that GE will hire 65 new engineers and support staff in China. Now let’s see, by my calculations that 65 less jobs that will be created in Waukesha.
XRay - Medical
On one hand we have a greedy American company that puts profit over country. On the other hand, you have a country whose regulatory processes and red tape make it near impossible for US based companies to compete on a global playing field. By taking those jobs to China, GE will be contributing less tax money to our government. Oh wait, I forgot they didn’t pay any taxes last year. What then is their main motivating factor? Wait a minute, I remember now, its company growth. And you know China’s got to be feeling good about that.