Sunday, July 20, 2014

No Jobs - No Marriage

Young people can’t find jobs. Can’t live on their own. Are not getting married.
No job = No marriage.
Today's young adults are on track have the lowest rates of marriage by age 40 compared to any previous generation.
more than 30% of Millennial women will remain unmarried by age 40, nearly twice the share of their Gen X counterparts
that could have serious economic repercussions for both the Millennials and the nation as a whole.
marriage used to be the starting point for young adults. They got hitched early and built a life together, Howe said. Now, many people feel they have to be more established, especially financially, before they walk down the aisle.
Marriage rates fell even more drastically during the Great Recession, when young adults had a tough time landing their first jobs and other Americans found themselves collecting unemployment checks.
the explosion in singles has its downsides. Married couples are often better off financially, which means they can spend more.
"The evidence shows that getting married increases wealth and income,
Single Americans may be less likely to buy homes or trade up to accommodate growing families, while single parents may be more likely to qualify for government safety net programs.
And the growing schism in marriage rates could exacerbate income inequality in this country, dividing society into still mostly married "haves" and increasingly single "have nots." 

Friday, July 18, 2014

Microsoft Laying Off 18,000.....

First they say they need foreign workers to compete.
The only thing stopping runaway growth is the inability of US Corporations to find qualified American workers. Foreign workers are a needed to do the work Americans are too incompetent to do.
If only competent people could be found there would be no limit to the growth. Please, please, please let them bring in record numbers of foreign workers.
Then to prove their point (that they can’t find enough workers) they lay off 18,000 workers they do have. You know….so they can grow.
12,500 layoffs are coming from the Nokia side of the business.
See at first nobody cared about Windows phone. So Microsoft purchased Nokia, thinking somehow that would make people care. But people still didn’t care. As a result half of Nokia will be wiped out.
That still leaves 5,500 layoffs from the Microsoft side of the business. The previous layoff record at Microsoft was 5,800 in 2009. Microsoft’s new CEO is committed to trying to break that record. Inspiring!

Wednesday, July 16, 2014

Real Economy Still Needs Help.....Stock Market Breaking Records......

Yesterday the Fed Secretary Janet Yellen went to Congress to testify the economy is still in trouble, and more government welfare will be needed to prop it up.
There are still no jobs. Wages are still going nowhere. So interest rates will remain at 0% (where they have been for 6 straight years). Plus the government is still buying $35,000,000,000.00 a month in bonds.
Today the stock market AGAIN broke its ALL TIME HIGH. Never in history has the stock market been as high as it is right now.
So if the economy needs all this help (when the stock market is at record highs) than when exactly will the economy not need government help?
If all this government help hasn’t created any jobs in 6 years (but the stock market is through the roof) I would say something is not right.
Janet Yellen should really give me a call so I can explain to her what the real problem is. Clearly she isn’t figuring it out on her own.

F-35 Can't Turn, Climb, Or Run.....

When they put together the list of the dumbest ideas of all time you can be sure the F-35 will be up near the top. 

Trying to build one plane to do everything, has resulted in one plane that can do nothing well. 

Trying to build one plane to save lots of money, has resulted in one plane that costs more money than any plane (or any weapons system) in history.

Putting that plane into production before it has been properly tested has only heaped stupidity on top of stupidity.

Different tools are required for different objectives.

To think you can build one tool that can do everything is beyond silly.

It is like trying to play golf with only one club. Would that work? Are you going to putt with a driver? Are you going to hit out of sand with a putter? Every club has its purpose, and they are all necessary.

Anyone trying to sell you one club (to replace all other clubs) would be a con man. You wouldn’t fall for that, but the Pentagon has. Instead of just walking away they just keep throwing good money after bad.

It has been over a decade and the plane is still a wreck. Doesn’t look like that will be changing anytime soon.

http://blogs.reuters.com/great-debate/2014/07/14/pentagons-big-budget-f-35-fighter-cant-turn-cant-climb-cant-run/

The F-35 — which can avoid sensor detection thanks to its special shape and coating — simply doesn’t work very well. The Pentagon has had to temporarily ground F-35s no fewer than 13 times since 2007, mostly due to problems with the plane’s Pratt & Whitney-made F135 engine, in particular, with the engines’ turbine blades.

“The repeated problems with the same part of the engine may be indications of a serious design and structural problem with the F135 engine,”

Pratt & Whitney has already totally redesigned the F135 in an attempt to end its history of frequent failures.

the F-35 is complex — the result of the Air Force, Marines and Navy all adding features to the basic design. In airplane design, such complexity equals weight. The F-35 is extraordinarily heavy for a single-engine plane, weighing as much as 35 tons with a full load of fuel.

By comparison, the older F-15 fighter weighs 40 tons. But it has two engines. To remain reasonably fast and maneuverable, the F-35′s sole F135 engine must generate no less than 20 tons of thrust — making it history’s most powerful fighter motor.

All that thrust results in extreme levels of stress on engine components. It’s no surprise, then, that the F-35 frequently suffers engine malfunctions. Even with that 20 tons of thrust, the new radar-dodging plane is still sluggish. The F-35 “is a dog … overweight and underpowered,”

two analysts at the RAND Corporation, a California think-tank that works closely with the military, programmed a computer simulation to test out the F-35′s fighting ability in a hypothetical air war with China. The results were startling.

“The F-35 is double-inferior,” John Stillion and Harold Scott Perdue concluded in their written summary of the war game, later leaked to the press. The new plane “can’t turn, can’t climb, can’t run,” they warned.

Yet the F-35 is on track to become by far the military’s most numerous warplane. It was designed to replace almost all current fighters in the Air Force and Marine Corps and complement the Navy’s existing F/A-18 jets. The Pentagon plans to acquire roughly 2,400 of the radar-evading F-35s in coming decades, at a cost of more than $400 billion.

California To Be Carved Up......

Go ahead and dispose of your current American Flag in an appropriate way. Maybe donate it to a muesem.

Soon you will need to go to Walmart and purchase a new (made in China) American Flag with the appropriate 55 stars. That is right folks California is going bye bye.

Silcone Valley will soon be its own state.

California is going with a smaller is better strategy. That is why Connecticut is so dominant in the country. Everyone is scared of CT because of its manageable size. California is jealous and wants to follow CT's successful strategy.

Good luck with that.

http://www.usatoday.com/story/news/nation-now/2014/07/15/six-californias-tim-draper/12661161/

Monday, July 14, 2014

India Does Not Like Toilets......

If you listen to corporate America (tell the story) Americans (you) are not qualified to work for them. You are not educated enough. You are not experienced enough. Trying to train you is a complete waste of time. 

That is why they (corporate America) absolutely have to have people brought over from India. People from India are smarter, and better, and more educated (Than you) in every possible way.

They are a shining example of high tech thinking in action.

But they do have one small shortcoming (which you excel at). You (Mr. and Mrs. America) are well versed at the high tech process of using a toilet. The super smart folks from India are still struggling with the concept.

Working for Microsoft they can do. Using a standard register toilet is somehow a mystery. The result is millions of malnourished and stunted children.

While you might not think it is a big deal……. please still place your know how (of using modern plumbing) on your resume. You should be proud of your abilities….let people know. Maybe the HR recruiter at Microsoft will even want a demonstration. Be proud.

As an American, nobody expects you to do much (these days) because of your lack of ability. The fact that you can handle modern plumbing is a credit to you and your country.

God Bless America.

http://www.nytimes.com/2014/07/15/world/asia/poor-sanitation-in-india-may-afflict-well-fed-children-with-malnutrition.html?_r=0#

“children across India, where a long economic boom has done little to reduce the vast number of children who are malnourished and stunted, leaving them with mental and physical deficits that will haunt them their entire lives.”

“an emerging body of scientific studies suggest that many of the 162 million children under the age of 5 in the world who are malnourished are suffering less a lack of food than poor sanitation.”

“Like almost everyone else in their village, Vivekand his family have no toilet, and the district where they live has the highest concentration of people who defecate outdoors. As a result, children are exposed to a bacterial brew that often sickens them, leaving them unable to attain a healthy body weight no matter how much food they eat.”

“These children’s bodies divert energy and nutrients away from growth and brain development to prioritize infection-fighting survival,” said Jean Humphrey, a professor of human nutrition at Johns Hopkins Bloomberg School of Public Health. “When this happens during the first two years of life, children become stunted. What’s particularly disturbing is that the lost height and intelligence are permanent.”

“Unicef officials and those from other major charitable organizations said they believe that poor sanitation may cause more than half of the world’s stunting problem.”

“Our realization about the connection between stunting and sanitation is just emerging,” said Sue Coates, chief of water, sanitation and hygiene at Unicef India.”

“This research has quietly swept through many of the world’s nutrition and donor organizations in part because it resolves a great mystery: Why are Indian children so much more malnourished than their poorer counterparts in sub-Saharan Africa?”

“A child raised in India is far more likely to be malnourished than one from the Democratic Republic of Congo, Zimbabwe or Somalia, the planet’s poorest countries. Stunting afflicts 65 million Indian children under the age of 5, including a third of children from the country’s richest families.”

“This disconnect between wealth and malnutrition is so striking that economists have concluded that economic growth does almost nothing to lessen malnutrition.”

“Half of India’s population, or at least 620 million people, defecates outdoors. And while this share has declined slightly in the past decade, an analysis of census data shows that rapid population growth has meant that most Indians are being exposed to more human waste than ever before.”

“In Sheohar, for instance, a toilet-building program between 2001 and 2011 decreased the share of households without toilets to 80 percent from 87 percent, but population growth meant that exposure to human waste rose by half.”

“The difference in average height between Indian and African children can be explained entirely by differing concentrations of open defecation,” said Dean Spears, an economist at the Delhi School of Economics. “There are far more people defecating outside in India more closely to one another’s children and homes than there are in Africa or anywhere else in the world.”

“India’s stunting problem represents the largest loss of human potential in any country in history, and it affects 20 times more people in India alone than H.I.V./AIDS does around the world,”

“India is an increasingly risky place to raise children. The country’s sanitation and air quality are among the worst in the world. Parasitic diseases and infections like tuberculosis, often linked with poor sanitation, are most common in India. More than one in four newborn deaths occur in India.”

“Open defecation has long been an issue in India. Some ancient Hindu texts advised people to relieve themselves far from home, a practice that Mahatma Gandhi sought to curb.”

“The cause of many of our diseases is the condition of our lavatories and our bad habit of disposing of excreta anywhere and everywhere,” Gandhi wrote in 1925.”

“Other developing countries have made huge strides in improving sanitation. Just 1 percent of Chinese and 3 percent of Bangladeshis relieve themselves outside compared with half of Indians. Attitudes may be just as important as access to toilets. Constructing and maintaining tens of millions of toilets in India would cost untold billions, a price many voters see no need to pay — a recent survey found that many people prefer going to the bathroom outside.”

“Few rural households build the sort of inexpensive latrines that have all but eliminated outdoor waste in neighboring Bangladesh.”

“One analysis found that government spending on toilets pays for itself in increased tax receipts from greater productivity, but the math works only if every member of a family who gets a toilet uses it.”

“We need a cultural revolution in this country to completely change people’s attitudes toward sanitation and hygiene,” said Jairam Ramesh, an economist and former sanitation minister.”

“India’s government has for decades tried to resolve the country’s stubborn malnutrition problems by distributing vast stores of subsidized food. But more and better food has largely failed to reverse early stunting, studies have repeatedly shown.”

“India now spends about $26 billion annually on food and jobs programs, and less than $400 million on improving sanitation — a ratio of more than 60 to 1.”

“We need to reverse that ratio entirely,” Dr. Laxminarayan said.”

Thursday, July 10, 2014

75 Grand To Hear Chelsea..... What a deal.

Good news….
If you can’t afford $500,000.00 to have Bill Clinton come talk to you.
And
If you can’t afford $250,000.00 to have Hillary Clinton come talk to you
You no longer have to live your life in despair. You can turn that frown upside down because now you can pay a measly $75,000.00 and Chelsea will be more then happy to come talk to you.
It may not be Bill (telling you what you want to hear) but hey, look at all the money you will be saving.
Hiring a Clinton is like playing a song on a Juke Box. You put the money in and hit the button you want. Then it plays exactly what you expected. Sounds great too. If you desire a different tune, just hit a different button. As long as the money continues to flow they will say whatever you want.
See a juke box is a machine…. just like the Clintons. They both perform the exact same function. Money for sound. When it is over the sound is gone, as is the money.
Did you see tuition at Uconn is going up 6.5%? After telling the students they will need to pay more, somehow Uconn found ¼ million dollars to hand over to Hillary.
Hillary showed up and blah blah blahed for two hours, and then left with a suit case full of money. Now the students will have to pick up the tab.
Heck just tack it onto their student loans. They will have plenty time to formulate a payment plan while living with their parents.
The important thing is Hillary spoke and probably changed lives.
It is inspiring hearing professional politicians regurgitate whatever political spin an audience wants to hear. Nobody flips that switch like a Clinton. It is worth every dollar. That is what they expect too.