We the (Workers and Consumers) have the real power whether we realize it or not — right now, not; but we’ll end our self-destruction when we’ve had enough.
Here’s a classic of corporate collusion and planned obsolescence. Ponder, if you dare, the subtle incompatibilities of freedom and ignorance.
And don’t think for a minute that governments cannot collude and plan obsolescence, too — at least as well as “evil corporations.”
“The Great Lightbulb Conspiracy”
- As revelers hung Christmas lights elsewhere in the city, the group founded the Phoebus cartel, a supervisory body that would carve up the worldwide incandescent lightbulb market, with each national and regional zone assigned its own manufacturers and production quotas. It was the first cartel in history to enjoy a truly global reach.
Today’s Headline Hilarity from Xinhua:
- “Dow sees biggest gains in 7 months on robust jobs report”
- “Gold plummets on upbeat jobs report”
- “U.S. dollar rallies amid upbeat nonfarm job report”
- “News Analysis: U.S.-Israel tensions likely to continue amid growing Mideast terror threat”
- “Hong Kongers’ free will shall not be held hostage to protestors”
- “HK protests challenge supreme power organ: People’s Daily”
- “China’s achievements in 65 years impress, benefit world”
- “PRC more confident, reform-minded on 65th founding anniversary”
- “Hegemony on the horizon? China says no”
“An open letter to ‘Occupy’ initiators and ‘pan-democrats’
[China Daily Asia link -- October 2, 2014]
- You self-righteously proclaim that you represent the people while encouraging idealistic but naive youth to break the law in order to pursue unrealistic political objectives.
- In the British colonial days did you elect the governors? Has the universal suffrage reform framework, passed by the National People’s Congress Standing Committee (NPCSC) violated the Basic Law?
- Please also explain to me which country’s electoral mechanism measures up to the so-called “international standards”?
- Tell me, if Beijing were to accept your demands for “one person, one vote” in Hong Kong, and the people on the mainland also were to follow suit in electing the president of the country, where do you think it would lead us in the current situation?
- If Hong Kong and the nation are in chaos, you can emigrate abroad to becomes slaves of a foreign master.
- When the United States sent troops overseas with the intention of saving Iran, Syria, Iraq and Afghanistan, the reasons were that in those countries the rulers were despotic, their peoples had no freedom. But look at the consequences now.
- I have studied and worked in the US and Canada for nearly 50 years. I understand that Western democracy is no panacea. For success it requires an upgrade in the quality of the people.
- Li Ka-shing said it well: The Communist Party of China undoubtedly has committed wrongdoings and these were not mild mistakes. But as long as the Party improves things, it can lead the Chinese to move forward, do you not agree? Since the reform and opening-up, a backward China has become the world’s second-most powerful nation, can’t you understand this? Are you not happy?
Once again, please, for the children: the subtle incompatibilities of freedom and ignorance.
E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1170] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender
“It took years of indifference and stupidity to make us as ignorant as we are today. Anyone who has taught college over the last forty years, as I have, can tell you how much less students coming out of high school know every year. At first it was shocking, but it no longer surprises any college instructor that the nice and eager young people enrolled in your classes have no ability to grasp most of the material being taught.” — Dušan “Charles” Simić
“Age of Ignorance”
- “Despite their bravado, these fools can always be counted on to vote against their self-interest. And that, as far as I’m concerned, is why millions are being spent to keep my fellow citizens ignorant.” — Simić
Yesterday I showed that, according to the same government report, we lost 302,000 private-sector nonfarm jobs in September — 27,000 in manufacturing alone.
“Encouraging Jobs Report Fuels Sharp Rise in Market”
- All the major stock indexes rose sharply. The Dow Jones industrial average rose 208.64, or 1.2 percent, to 17,009.69.
- The good news pushed up the value of the dollar against other major currencies to the highest level in more than four years.
- The good news in the United States contrasts with troubling signs elsewhere. The Chinese economy is slowing, and the 18-country eurozone is teetering on the brink of another recession. On Thursday, the European Central Bank disappointed investors by not announcing details of more stimulus measures.
“U.S. Eases Embargo on Arms to Vietnam”
- The United States on Thursday partially lifted its longtime ban on the provision of lethal arms to Vietnam, a move that is intended to help Hanoi strengthen its maritime security as it contends with a more assertive China.
- In a statement on Thursday, the White House said that in her meeting with Mr. Minh, Ms. Rice had highlighted the United States’ desire to deepen military cooperation while stressing the importance of “continued progress” on human rights.
I wonder how long it will take the Chinese Communist Party to realize that China controls the manufacture — supply and performance — of American weapons.
And American electronics. And American money. And American information.
Go ahead and laugh, but chances are overwhelming that you, gentle reader, are part of the problem.
If you support any of this with your time or money, you are an accessory to genocide, and your children will never judge you harshly.
E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1169] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender
First things first: giving our government the benefit of the doubt:
Our country has never deindustrialized or died before. This gives our government greater flexibility to “seasonally adjust” the real data for its “headline” claims. What they’re reporting is a trend — where they think we’re headed based on past experience — but we’re in uncharted waters now so our bureaucrats are relatively clueless. And of course they lie — but maybe they don’t. They include the unadjusted figures in their reports — what supposedly actually happened — and most people don’t bother to look. Maybe they don’t want to know.
Today’s trade report and then today’s jobs report:
“U.S. International Trade in Goods and Services — August 2014″
Today’s headline, seasonally adjusted:
- The Nation’s international trade deficit in goods and services decreased to $40.1 billion in August from $40.3 billion in July (revised), as exports and imports increased.
Today’s fine print, not seasonally adjusted:
- Deficit, U.S. Trade in Goods: $1.9 billion per day — down from $2.3 billion per day in July.
- Deficit, U.S. Trade in Goods with China: $974.1 million per day — down from $995.6 million per day in July.
- [Please note this does not include Chinese goods from, say, Mexico or Canada.]
“The Employment Situation — September 2014″
Today’s headline, seasonally adjusted:
- Total nonfarm payroll employment increased by 248,000 in September, and the unemployment rate declined to 5.9 percent.
Today’s fine print, not seasonally adjusted:
- Total nonfarm payroll employment increased by 701,000 in September.
- Total private: down -302,000
- Goods-producing: down -57,000
- Private service-providing: down -245,000
- Total government: up +1,003,000
Also not seasonally adjusted:
- Construction: down -34,000
- Manufacturing: down -27,000
- Retail: down -68,700
- Amusements, gambling, and recreation: down -192,000
- Food services and drinking places: down -130,200
- Not in Labor Force: up +749,000
At the moment, the DJIA is up +218 points in response to today’s “strong” jobs report.
We’ve gotten in the habit of calling only big bubbles “bubbles,” but if you don’t physically produce the wealth, it’s bubble.
That’s one word for it, anyhow. . . .
E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1168] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender
“If there must be trouble, let it be in my day, that my child may have peace.”
— Thomas Paine
E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1167] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender
What would China’s 1.36 billion people do without the Chinese Communist Party?
E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1166] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender
Pay attention to the difference between the prevailing wage and the proposed wage between the different groups.
First we have IBM Managers
You will notice that these are paid 15,000 or more over the prevailing wage.
Now let’s drill down to the business and financial operations group.
Again, good premium over prevailing wage except for the rank and file.
Now let’s look at the computer and mathematical occupations.
For the most part, all a disposable commodity with no premium over the prevailing wage.
All groups were for Austin, TX.
Notice how the company went from IBM corporation to IBM India Private Limited?
I did, so I dug deeper and looked again and this time I found a IBM Corporation
Yet, this time, all have a premium over the prevailing wage.
Same city, Same corporate shield, Different groups.
Yet the india group pays zero premium for the most part.
There is a story in there, I do think.
Stay tuned for more developments as I have one more level to develop in this series of drill downs that go from occ_code to company to state to city and then I will develop the ability to drill down from occ_code to city and more.
But most importantly, along the lines of facebook, we will be adding a section for the visa holder and the citizen to add prevailing wages, pinpoint where the contracts are, etc., simply because I believe the visa holder and the citizen are both getting the raw end of the deal
My readers have been asking, but it’s been strangely difficult to find a responsible article about Hong Kong, or one that doesn’t naively underestimate Beijing. I thought this editorial — from, of all ridiculous sources, Global Times — was worth passing along and, of all things, even taking seriously.
Most of all, please don’t get too distracted by the hoopla in Hong Kong. We’ve got Chinese problems of our own — not the least of which are Chinese — and besides, democracy is simply not part of the Confucian worldview. I really have to wonder who’s currently having more fun at Hong Kong’s expense: Western journalists or Chinese communists.
“Occupy campaign adds merely noise”
[Global Times editorial -- September 30, 2014]
The Occupy Central protest continued on Monday, with growing crowds, mainly composed of young students, blocking multiple streets.
The Hong Kong Stock Exchange saw shares fell about 2 percent, and the Hong Kong dollar also fell to a new low against the US dollar. Investors’ confidence was hit hard.
The local government announced Monday it would withdraw the riot police. However, the protesters insisted on their demands, asking the National People’s Congress to take back planned arrangements for electing Hong Kong’s leader in 2017, or for the special administrative region’s chief executive C.Y. Leung to resign.
It appears that the oppositionists have achieved their first stage of success in mobilizing supporters to break through the authority of Hong Kong’s law. However, this is not the decisive element of Hong Kong’s situation. The general environment of the region’s political reform stays intact. The oppositionists will face a dead end.
Without changing the earlier decision, the central and Hong Kong governments can exercise a certain degree of restraint in handling the shutdown of the city’s financial areas, so as to leave some time for local people to realize the harm done by the protesters’ illegal acts.
Hong Kong has been peaceful for a long time without major turmoil. This is the reason why the extremists dared to manipulate politics with illegal means. The young people do not know the consequence of crossing the lines of the law, and it is difficult to persuade the emotional students not to do so.
Now the opposition forces have been complaining about the government’s moves in handling the protests, accusing it of using “excessive force.” No one seemed to have paid attention to what the protesters did in the clashes.
If the oppositionists continue their Occupy campaign, they will bring more inconvenience to local people, the investment environment will be harmed, and the stock market and foreign exchange market will slip. These will all hurt the local people’s interests, leaving holes on the promises raised by the oppositionists.
The central government will not step back just because of the chaos created by the oppositionists. The Occupy Central campaign appears to be boisterous, but it will not spread out of Hong Kong. The majority of mainlanders back the central government’s Hong Kong policies. So it is unlikely the chaos in Hong Kong could turn into a crisis in the mainland.
After Hong Kong people see it clearly that the central government will not change its mind, they will recognize the dramas staged by the oppositionists are just making things worse. The tide will turn against the oppositionists.
E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1165] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender
Folks, as visa holders, I believe you are being screwed and not even getting a kiss out of it, and here is why.
I believe we can all agree that Sunnyvale, Ca is a high cost living area.
From 1988 to around 94 I made $25.00 per hour as a contractor.
Around 94 I started making $45.00 per hour as a contractor.
In 2003 I started making 67.50 per hour as a contractor.
As you will see, they are paying these guys around 34.59 per hour as H-1B contractors
My point being that this is why they are able to get these big multimillion dollar projects.
And this is why they employ more visa holders in America than any other company.
Prime example, take for instance that computer systems analyst position for $31.31 per hour on the front page of the above link.
A good reporter could make a field day out of the data I’m supply here if they chose to do so.
As an example, find that systems analyst and find out if they are paid overtime after 40 hours per week.
Better yet, find somebody to help fund Keep America At Work and I’ll get these answers.
I would like you to contact me if you are one of these H-1B visa holders.
Let me know where you are working at, and on what project.
Anonymously, of course.
Simply because I want to shine a very strong light on companies like these that are gaming the system to enrich themselves at the expense of visa holders and citizens alike.
Have you ever noticed exactly whose portrait is boldly featured on every current-series ******* banknote?
Have you wondered why?
“Steven Salaita: U. of I. destroyed my career”
- Publicly disclosed documents reveal that, within days, University of Illinois donors who disagreed with my criticism of Israeli policy threatened to withhold money if I wasn’t fired.
“High-Rise Safety Initiative”
- The High-Rise Safety Initiative is a ballot measure that will appear on the November 4, 2014 ballot in New York City. If approved by voters, it will require the NYC Department of Buildings to investigate high-rise building collapses in NYC. . . .
“Chicago University Leads Fight Over Chinese Propaganda Program”
- The essence of the Confucius Institute concept, however, is that, in return for Chinese money, host universities cede control of curriculums, teaching materials, and faculty appointments.
“Record Share of Americans Have Never Married”
- Among never-married adults ages 25 to 34, the number of employed men per 100 women dropped from 139 in 1960 to 91 in 2012, despite the fact that men in this age group outnumber young women in absolute numbers.
I’ll paste a spare copy of yesterday’s ******* -related commentary below.
E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1164] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender
. . .
Every grade-school class clown has a dirty-little secret of a long-term agenda.
Of course it’s a lot of fun to make people laugh, but it’s much more rewarding to help people to laugh for the rest of their lives — and, therefore, for the rest of their children’s and grandchildren’s lives.
Whether or not people understand what’s actually funny anymore, most seem to have forgotten that without life, laughter itself is impossible.
(Briefly getting back to Saturday’s “Triage” essay:)
We’re losing – bleeding! — $2.3 billion dollars every day in goods deficits. (Basically the cost of a full-scale war if your cities and factories are being destroyed, too.) Climate change — one camp or the other — is an important issue that cannot be ignored forever.
But whether or not people understand what’s relatively important anymore, most people seem to have forgotten that without sustenance, without a source of income, life itself is not possible.
No joke. We need money — first. Climate change and the other vitally important issues that require money will just have to wait. If we don’t get our priorities in order, we won’t be able to save our own country.
It will be fun. Admittedly, it has to be fun.
You’ll love this:
On September 21, I published a piece called “Biological Competitors” that began:
- “It is better to let half of the people die so that the other half can eat their fill.” – Mao Tse-Tung during a government-sponsored famine that killed another 45 million of his own great apes.
- I beg you to consider that the U.S. and China are biological competitors.
I then included a research paper that made Murderous Competitive Chimpanzees sound amazingly like Mainland Communist Chinese.
The next day, on September 22, the Chinese government issued an official statement through its “Chinese Academy of Social Sciences”:
- “There are certain Western hostile forces that insist tens of millions of people starved to death, and they continuously exaggerate, calling it a ‘premeditated crime’ committed by the CCP and trying to challenge and deny the legitimacy of the CCP’s governance. This should put people on high alert.”
The Party’s statement touched off an Internet sh*t storm, which led the Party’s censors to clamp down on some of its keywords, which led me to take a few hours’ vacation to repair my 1998 Ford truck.
If one person — or even a thousand — can frighten the most powerful organization in the world —
Then I’m here to tell you that one person can make a difference.
And, by the way, that the Chinese Communist Party blew it. They should have gotten rid of me when they had the chance.
Now I could wind up being the best friend the Chinese ever had, too.