Musings on the Week
Musings on the Week
June 29, 2013
Trust – “I never trust an executive who tends to pass the buck. Nor would I want to deal with him as a customer or a supplier.” James Cash Penney.
Politics – The best description of President Obama is that he treats political “enemies” worse than he treats true foreign powers who wish to destroy the United States.
Politics – Hillary Clinton was shown as plastic and beatable in 2008 and now she has a record of non-achievement and incompetence to support her 2016 run for the Presidency.
Media – As new technologies emerge, I expect Twitter will go the way of telephone party lines doomed by personal privacy issues and a lack of any viable business case.
Media – The MSM downfall has already begun, but I expect this avalanche to continue more layoffs at the New York Times, the Washington Post, and the TV Network News departments.
Trust – “If you don't have trust inside your company, then you can't transfer it to your customers.” Roger Staubach.
Debt – Qualitative Easing is like “financial crack” with artificial low interest rates as the “active drug,” active stock market as the “high,” and threat of tapering as the “fear of detox.”
Immigration – The CBO reported that the Comprehensive Immigration Reform bill will not close the border, but it will result in an additional 20 million illegal immigrants in one decade.
Immigration – Considering the abysmal track record ignoring legislative promises, legislative language must be air tight to preclude any possibility of wiggling out of commitments.
Taxes – The IRS knows about multiple addresses across the country where multiple “unauthorized” aliens list as their residence and receive tax refunds totaling over $100 million.
Social Security – Since 2010, Social Security has spent more each year than it collects in taxes, adding $160 billion to the federal deficit and projected to accelerate in the future.
Healthcare – The American people have never wanted ObamaCare before it was passed and no amount of marketing will overcome its weaknesses to put “lipstick for this pig.”
Environment – Contrary to the Obama administration, Carbon Dioxide is not a pollutant, and the only provable impact of too much CO2 is increased plant growth.
Education – Part of the problem in higher education is that we over-educate and under-train: politicize the core curriculum and deemphasizing pragmatic work related skills.
Education – The goal of pre-kindergarten classes is to close or narrow the academic gap between poor and privileged kids, despite evidence that it has no long term benefit.
Crime – The prosecution case against George Zimmerman is so weak that the sole focus is to convict him of white guilt, ignore self defense, and sentence him to symbolic punishment.
Civil Rights – The idea of diversity has been around for years now, but has never been able to prove any quantitative value associated with a diverse population other than emotional.
Deficit – I expect one or more states to declare bankruptcy and seek assistance to recover from the bad economic decisions of the past under federal judicial protection.
Housing – I expect that it will take four or more years at the current rate for the backlog of foreclosures to finally clear, before we see any signs of life of a robust housing recovery.
Trust – “Men of genius are admired, men of wealth are envied, men of power are feared, but only men of character are trusted.” Zig Ziglar.
Defense – Obama naively pursues nuclear disarmament unilaterally while Russia ramps up their nuclear weapon development program to upgrade their existing nuclear weapons.
Africa – Obama’s latest foreign policy distraction is his $100 million vacation and photo op across Senegal, South Africa, and Tanzania during these tight sequester budget constraints.
Israel – I expect that Israel will be attacked by Hamas and the IDF will retaliate by invading and then re-annexing Gaza based on defensible borders and 1920 San Remo Conference.
Israel – I expect that Israel will suffer a nuclear attack from Islamist extremists, and Obama will talk a lot, but stand aside and refuse to help defend this longtime ally.
Asia – I expect that North Korea will attack South Korea and attempt to reunite Korea, and Obama will be “unable” to support our troops and will negotiate for a stalemate.