Where's The Value?

So I don't know how I feel about this or maybe I do. 

The Wall Street Journal reports today that from the 10 largest companies by market capitalization:

1) The top 3 are technology companies

- Apple $679B
- Alphabet (Google's Parent) $489B
- Microsoft $422B

2) Moreover, a full 5 (half) of the top 10 are technology companies

That includes the 3 above and the other 2 below:

- Facebook $288B
- Amazon $280B

As a technology person, I am thrilled at the impact that IT has on our society. 

We are no longer the same thanks to our Apple iPhones, Google Search, Microsoft's business tools like Outlook, Office and SharePoint, Facebook's social networking, and Amazon's online shopping. 

But to think that these information capabilities outweigh by value everything else in society that we need as people is somewhat astounding.

For example, the other 5 of the top 10 companies are:

- Exxon Mobil (Oil and Gas) $346B 
- Berkshire Hathaway (Insurance, Utilities, Clothing, Building Products, Retail, Flight Services) $340B
- General Electric (Power and Water, Oil and Gas, Energy Management, Aviation, Healthcare, Transportation) $298B
- Wells Fargo (World's Largest Bank) $280B
- Johnson and Johnson (Pharmaceuticals) $278B

So when you add these behemoths up--this is what we have:

The 5 top technology companies are worth $2.158T

Vs.

The top 5 traditional companies from all the other industries combined are worth only $1.542T

Net it out:

The largest representative IT companies are worth $616B or 40% more than the other major companies combined.

(In fact, just the top 3 IT companies at $1.56T are worth more than the top 5 other companies at $1.542T.) 

Sure IT growth has been on a tear for the last couple of decades and we love everything futuristic it brings us. 

But isn't it a little scary to think that the companies that meet all our other needs from food, clothing, shelter, medicine, transportation, energy, finance, retail, etc. isn't worth more to us than just the IT alone. 

Perhaps adding it up from a value perspective just doesn't add up in a real life perspective. 

I love technology and want more and more of it, but man does not live by technology alone. ;-)

(Source Photo: Andy Blumenthal)

Where's The Value?

Keys to The Kingdom

Ah, so good to be given the keys to the kingdom. 

Even if only for a day. 

What to do:

- 1st key - Heal the sick, feed the hungry, raise the downtrodden.

- 2nd key - World peace, for sure. 

- 3rd key - Revitalize our ailing planet and make it sustainable.

- 4th key - Unleash innovation and give everyone a decent living wage to care for themselves and their families. 

- 5th key (the Capstone) - Bring the Messiah and everyone behaves righteously and worships the one true G-d of all.

Uh, and I need one more key to balance the budget and pay off the National Debt. ;-)

(Source Photo: Andy Blumenthal)

Keys to The Kingdom

The Unbelievable Stupidity Of Raising Interest Rates

Interest rates have been near zero since the recession of 2008.

That supposedly to stimulate the economy. 

However, aside from a stock market bubble again, not sure we have a much stimulated economy.

We have a false low on the unemployment rate, while the the true percentage of the labor force working is the lowest in almost 40 years!

Moreover, manufacturing is down almost 40% from the 1979 peak with a loss of over 7.2M jobs. 

Commodities are at firesale prices as demand is sluggish and there is short-term oversupply. 

And innovation is facing a global slowdown. 

So people are out of work, we're not making things, demand is depressing prices, and even ideas are few and far between--not too rosy a picture, regardless of what some politicians may have you believe. 

Let's not forget that we have an over $18 trillion federal debt, and this is projected to grow ever greater as we borrow to fund social entitlements such as social security, medicare, etc. 

In this scenario, why would the Federal Reserve ever want to raise interest rates?

Well, if they don't raise rates, then they can't lower them later again when the economy really stalls out and goes into deep recession. 

Hence, this is seen as a tool for their financial toolkit--and if there are no tools with which to manipulate the economy, then there is no need for a (neutered) Federal Reserve. 

But think for a second what happens when the Fed raises rates, it's going to slow the economy even further than the chug chug chug economy that we are already dealing with. 

Maybe even more important, it will raise the amount of interest payments we must folk over on the trillions of dollars of debt we owe.  

Simply put, when we raise interest rates, we pay more interest on our already astronomically high national debt, and this pushes our national deficit up even higher as we borrow more to pay the interest on the previous debt. 

If you did this with your credit cards, you'd probably be looking at the equivalent of debtor's prison sooner or later. 

Rather than feed the Fed's toolbox with interest rate bumps and drops, why not keep rates low as long as they can stay low, reducing our interest payments, and curtailing our national deficit and debt. 

What about the stock bubble...that's a lesson investors will be learning about in their own good time--it's the stock market, stupid. ;-)

(Source Photo: Andy Blumenthal)

The Unbelievable Stupidity Of Raising Interest Rates

Where Is Europe?

So we are reading every day about the Europe border crisis.

With hundreds of thousands streaming to its shores, and either an inability or lack of desire to absorb the migrants. 

As the Middle East and North Africa burn with the Arab Spring, Caliphate enthusiasts, civil war mongers, religious extremists, terrorists, and anarchists, innocent people caught in the crossfire are seeking immigration to Europe as refugees or for a better future.

But significant entities in Europe, perhaps better known historically for their ultranationalism, deportations, expulsions, and the Holocaust are left gropping with what to do with a seemingly endless wave of Muslim immigrants. 

As Europe tries to figure it out, thousands are dying in capsized boats, sufficated truck cargo holds, and at the mercilessness of their handlers. 

So what will be of a future Europe that either heartlessly turns away needy migrants or potentially becomes more a Muslim enclave than the predominantly westernized and Christian continent they have been?

At least for now, Europe is facing a major humanitarian and identity crisis. In the longer term, they run the risk of their culture fading or disappearing altogether as the demographics shift beneath their techtonic feet. 

(Source Photo: Andy Blumenthal)

Where Is Europe?

Self-Perpetuating Immigration For All The Wrong Reasons

So this is the prevailing misguided logic by some for more immigration. 

We need immigrants to "reduce the ratio of retirees to workers."

Why? 

Because the birth rate has fallen to below replenishment rates (roughly 2.1 births per women). 

And since our "trust funds" for social security, medicare, pensions, and the like have NOT been been kept in trust, BUT INSTEAD have been squandered on other things...

Therefore, according to this warped thinking we now need a wave of immigrants to come save us--have lots of babies and grow our economy--to pay for what we should be able to, but can't--because of gross mismanagement and corruption with the money that was taken out our payroll all our lives supposedly to care for us in our elder years. 

The wrong reasons for immigration are expressed by Charles Kenny in Bloomberg Businessweek.

- According to Kenny, "More immigration is both the cheapest and most effective response to the challenge of a shrinking, aging population," which he frets is "ominous for pension and health-care costs."

- Kenny's approach to immigrants is that they are not vital and talented human beings, but rather basically baby machines with higher birth rates for population replenishment, as he states, "Although immigrants rapidly adopt the fertility patterns of their new countries, they still tend to produce more children to begin with."

- And he says, because most come over as adults, we have the benefits of the workers "without the expense and delay of rearing...[them as] children."

- Oh, and by the way, Kenny says, "Some newly arrived workers help provide cheap child-care options."

Wow, how biased, cold, and condescending is that!

Not once does Kenny mention or advocate for immigration for any of these truly worthy reasons:

- Shelter from persecution 

- Political asylum

- Promote diversity

- Bring in needed skills, investment, and innovation 

- Rejoin families

And what is the result of bringing in immigrants to pay our way?

Well, we'll need to bring in yet another and another, wave after wave of immigration, because we can't balance of budget and spend rationally, responsibly, and with an eye toward the future--it's self-perpetuating immigration for the sake of deadbeatism. 

Sweet land of liberty is being thrown out for a bunch of economic opportunists who feel we need "immigrants to [come to] the rescue" rather than join together with us in being great in terms of compassion, humanitarianism, and mutual respect. 

(Source Photo: Andy Blumenthal)

Self-Perpetuating Immigration For All The Wrong Reasons

Nothing Is Something AND Something Is Nothing

So the world financial markets continue to go haywire. 

The Uber glorified taxi service and app (with an almost half billion dollar operating loss) is now valued at--get this--over $50,000,000,000!

And commodities--you know the precious materials that REAL things are made off (gold, silver, copper, aluminum, oil, gas, coal, wheat, cotton, corn, soybeans, cotton, cocoa, coffee, sugar, beef, and more) hit a 13 year low. 

When the nothings of this world like a basic cab service become invaluable and the real things that power our homes, technology, transportation, and manufacturing become valueless--then we know a day of painful financial reckoning is coming. 

The markets can stand on their head for only so long before the blood rushes in and people become dizzy and see spots.

A reversion to the mean is the one something here that is inevitable, along with a pretty decent recession to boot. ;-)

(Source Photos: Andy Blumenthal)

Nothing Is Something AND Something Is Nothing

Seriously Big And Out Of Order

I took this photo in Washington, D.C., and I don't know about you, but I hate when things are out of order.

We count on everything to be in normal working condition, and for life in general to function with at least a modicum of structure, process, and according to basic laws of nature. 

But these days, the world is seriously off-kilter and here are just a few examples:

- Russia, post the Cold War Soviet Union, isn't supposed to do a blitkreig and just take over Crimea and fight an undeclared war in sovereign nation, Ukraine. Additionally, our vital economic partner, China, presumably wouldn't have near unfetterd access to our industrial and government secrets, including the personnel records of the entire Federal workforce. 

- The major world powers comprising the P5+1 normally wouldn't treat Iran deferentially and as a negotiating equal or even more than than that with near open negotiations and crucial concessions, especially when dealing with no less than the proliferation of nuclear weapons of mass destruction. 

- Terrorist organizations such as ISIS, Hezbollah, Hamas, Boko Haram, Al-Qaeda, and more wouldn't be taking over swathes of the Middle-East, Africa, and Asia, and we are not sure what our strategy even is or whether we have one yet. 

- Advanced industrialized nations wouldn't be polluting themselves and the rest of the world towards the environmental catastrophic brink all the while denying that our lifestyle is not sustainable and that global warming even exists. 

- Smart democratized nations wouldn't be living incessantly beyond their means and borrowing themselves into national debt oblivion--from Greece to Spain, Portugal, and Italy, and right here in the United States of America. 

- The Center for Disease Control doesn't handle deadly biological pathogens callously and negligently with the potential for a massive lethal outbreak, while admitting to a serious pattern of safety lapses.

- Medicine isn't just another "business and medical treatments for the sick shouldn't cost $250,000 a year for a regiment of one or two pills a day, medical professionals don't simply extend quantity of life without weighing it's quality, and those in hopeless cases with severe pain and suffering wouldn't be forced to go on "living."

- The richest 1% of the world can't truly hold more than 50% of the world's wealth, live in mega mansions and drive fleets of cars, yachts, and planes, while masses of people are malnourished, diseased, homeless or in substandard living conditions.

No life is not perfect and certainly, even those perfectionists among us wouldn't expect everything is be in 100% working order all the time--things break down, accidents and mistakes occur, and sh*t happens--but when life is getting shamelessly more out of order than in order than we need to be asking ourselves some serious and potentially life-altering questions, like what the heck is going on around here? ;-)

(Source Photo: Andy Blumenthal)

Seriously Big And Out Of Order

Happy 4th From Washington DC

Go Independence Day!

But what does it mean?

We are independent from British rule since 1776.  

That made us a free nation.

We are free to be...but be what? 

1) Safe and Secure - Have a strong military, intelligence, and homeland security to keep the peace or compromise on national security and make bad deals for political expediency and face the consequences by a host of crazed terrorist threats, a nuclear Iran, a belligerent North Korea, a bellicose Russia, or a rising confrontational China. 

2) Prosperous And Self-Sufficient - Strengthen education, encourage innovation, invest in research and development and advanced manufacturing, cultivate a motivated and capable workforce, and manage a fiscally responsible economy or spend recklessly and indiscriminately driven by pork-barrel politics and special interests and eventually bankrupt our richly-endowed nation.

3) Equal And With Fundamental Human Rights - Ensure equality and opportunity for everyone under the law, where everyone has respect and dignity and the protection of basic human rights or discriminate in large and small ways perpetuating the have and have nots in every fiber of our society, where the rich get sickeningly richer and for everyone else you're sh*t out of luck. 

4) Socially Just - Provide for a just and fair society ensuring that people are duly protected and crime does not pay or irresponsibly live in managed chaos and let violent criminals back out on the streets in a revolving door of recidivism rather than rehabilitation. 

5) Environmentally Responsible - Safeguard our environment and natural resources, invest in renewable energy resources and sustainability, reduce, reuse, and recycle, and give a hoot and don't pollute or just pig out now and leave an inhospitable gutted world for later. 

6) Democratically Governed - Rule with righteousness and integrity, give back to the people, be open and honest, listen to all sides and ensure a balanced fair approach or perpetuate lies, deceit, corruption, conspiracy, fraud, waste, and abuse. 

Not everyone in the world is so lucky to be free.

Maybe this Independence Day, we think not just about the new Terminator movie, shopping at the mall, and feasting at the BBQ, but also what we want this treasured freedom to mean, what our "leaders" are leading us to, and are we getting the freedom we all, as human beings under G-d, innately deserve.

We can definitely raise the bar and we should. ;-)

(Source Photo: Andy Blumenthal)

Happy 4th From Washington DC

Time Runs Out - What Are We To Believe?

Time runs out, but we are still chasing highly elusive goals (just some examples): 

1) Iran - Time runs out on deadline for a nuke deal even after "the framework" was supposedly set three months ago. And as Iran's Supreme Leader and the Iranian Parliament chant death to America, can we really believe that Iran will ever truly give up their pusuit of nuclear weapons of mass destruction (and terrorism) to use on you know who?  

2) Greece - Time runs out on an extension of more Greek bailout funds, and they default on payment to the International Monetary Fund potentially leading to their exit from the Euro and the EU. With a Greek debt of $271 billion, can we really believe they will ever be able to repay this? 

3) Social Security and Medicare - Time is running out on the solvency of our own social entitlement system in the U.S.  For example, the Social Security Disability Trust Fund runs dry already next year in 2016, Medicare is exhausted by 2030 and Social Security by 2033. With just 16 and 19 years of funding left for these major programs that tens of millions depend on, can we really believe that magically we will dig our way out of this mega mess of a financial hole? 

4) Global Warming - Time is running out on cutting carbon emissions leading to global warming and catastrophic climate change. With global warming denial still in vogue and reluctance by the industrial nations to significantly cut back on emissions in time, can we really believe that catastrophic enviornment damage will be averted? 

5) War - Time is runing out as potential for eventual war looms on the horizon with China, says respected DoD Futurist, Peter Singer. With disputes in the South China Sea and with Taiwan, China bulking up on advanced weapons, and the U.S. pivoting to Asia, the fears of a serious confrontation are there. Similarly, with Russia and it's annexation of Crimea and ongoing fighting in eastern Ukraine, threats to it's Balkan neighbors, confrontations on the European borders, and an increasingly nuclear and militant Russia, the Cold War is heating up. The last world war ended 70 years ago, can we really believe that the peace will continue to prevail with powerful adversaries in turbulent and uncertain times? 

Yes, hopes and dreams are important, but real concrete action is too or time will simply run out and then what? ;-)

(Source Photo: Andy Blumenthal) 

Time Runs Out - What Are We To Believe?

It's Not Working

So it's human nature to want to leave the world a better place than before we got here.

But you wouldn't know it by how things are looking the last number of years.

Here's just the latest from reports this week:

1) The Global Peace Index: "World is less peaceful today than in 2008...Last year alone it is estimated that 20,000 people were killed in terrorist attacks up from an average of 2,000 a year only 10 years ago."

2) A Record Year In Misery: "The world has never seen a refuge crisis this bad...last year saw the total number of forcibly displaced persons rise to 59.5 million, an all time high." This is due to world conflict, general violence, human rights violations, and persecution."

3) Climate Apocalypse: "A child born today may live to see humanity's end...[as a result of] overcrowding, denuded resources, and climate change...dangerous climate change is already here. The question is can we avoid catastrophic climate change."

4) Americans Have Lost Confidence In Everything: "It not just Congress [and the President] and the economy that have Americans concerned these days...All in all, it's a picture of a nation discouraged about its present and worried about its future, and highly doubtful that its institutions can pull America out of its trough.

Maybe the worst thing is that many people are deluding themselves that everything is hunky dory. 

But isn't it time for some real wins again? 

To do that we need genuine good old fashioned elbow grease--that means we start with a strategy that actually tackles the issues rather than kicking the can down the road. We need honesty, not political upmanships and swell soundbite cliches. 

What good is appeasement to the masses now, if it means their utter despair or demise later--for example, why should we be Greece on the brink of national bankruptcy, if instead we can be Norway with the largest sovereign wealth fund in the world? 

Then comes the hard work, fortitude, and commitment to turn the tide on the bad news and losses. This mean personal and national sacrifice now in order to have better times for our children and grandchildren. 

G-d is watching us, our children are questioning us, the needy are looking to us. 

We are working hard, but it's hardly working! 

Maybe we need to make this real simple: "Little Johnny, now take your medicine, and stop fighting Mommy, p-lease!"  ;-)

(Source Photo: Andy Blumenthal)

It's Not Working

Blame The SLOW Trains

So another tragic major train derailment in Philadelphia this week. 

Already 8 people killed and over 200 injured. 

All over the news, we see that the train was speeding by going just over 100 mph.

Yes, it was a curve, and maybe we need to build some straighter more stable lines (I believe that is partly what eminent domain used properly is for) and with the latest safety features. 

But does anyone ask how can other countries safely implement their trains at far faster speeds--that makes 106 mph look virtually like a mere snails pace in comparison.

Just last month, the Wall Street Journal ran an article about the U.S. potentially upgrading to bullet trains that rountinely and safely go at far higher speeds:

Japan: 375 mph!

France: 199 mph.

China: 186 mph.

U.S.: 149 mph (even the Acela train has the potential to do at least this much, but for the most part they don't due to shared lines with commuter and freight trains and an aging infrastructure--uh, so where did all that money from the American Recovery and Reinvestment Act go exactly?)

In what now seems retrospectively almost mocking, Japan Railways, International Division Chief stated: "We have a track record of transporting a huge volume of passenger traffic with very few delays or accidents...Because the trains operate so accurately, travel can be made very efficiently [and safetly]." 

Do you think we the U.S. can catch up with our 21st century peers here?

(Source Photo: here with attribution to Toshy Island Paddy)

Blame The SLOW Trains

A Political Teddy Bear

Thought this was an awesome photograph.

Taken on the Washington, D.C. Mall...

You can see the Capitol of the United States in the background.

The gate is surrounding the construction being done.

On the fence is a Teddy Bear--representing so many of our national challenges--sort of just hanging there helpless.

This political bear looks like he's clutching for dear life, but unfortunately he is left hung out to dry as we just keep chugging away...but where is the real progress? 

- ISIS and radical Islam is still growing stronger.

- Iran continues building toward a nuclear WMD.

- China and Russia are "becoming [ever more] aggressive as they perceive U.S. pulling back."

- North Korea achieves capability for a "nuclear ICMB."

- Cyber insecurity is a "real and growing threat."

- There is a growing danger of a catastrophic EMP attack with a "staggering human cost."

- Immigration crisis remains in "limbo."

- Economic growth is "grinding to a halt."

- National deficit is "projected to skyrocket over next decade." 

- American economic competitiveness is in ongoing "slow decay."

- U.S. education "still lagging" significantly in science and mathematics. 

- Life expectancy in U.S. ranks 26th, "right behind Slovenia."

This doesn't mean that good things aren't continuing to happen especially with innovation despite all the gridlock...there is the Apple Watch (ok, the jury is still out on that one too).

Why don't we let the bear down gently please. ;-)

(Source Photo: Minna Blumenthal)

A Political Teddy Bear

10 Reasons In Just 1 Week To Fear Government Breakdown

When I saw this in the store, I knew it was a true sign of the times, as they say. 

When the government that is supposed to sustain order and usher in social and economic progress is dysfunctional and broken, instead we have:

"Chaos, Panic, [and] Disorder"

Here's some news highlights from just this last week:

SPREADING BASE OF WORLDWIDE TERRORISM

1) ISIS murdered 137 and wounded over 300 in suicide bombings at mosques in Yemen.

2) Al Qaeda / Islamic State killed 23 mostly European tourists and injured over 50 at attack on the National Bardo Museum in Tunisia.

3) Iraq's battle to take back Tikrit from ISIS slows as ISIS continues to hold territory in Iraq and Syria larger than many countries--this after the last U.S. troops left Iraq in 2011. 

AGGRESSIVE POWER AND LAND GRABS:

4) Russia annexes South Ossetia from Georgia, just a year after annexing Crimea from Ukraine.

5) China starts up the Asian Infrastructure Investment Bank (AIIB) with support from key European Countries as well as Australia and South Korea, challenging American dominance via the International Monetary Fund (IMF)--this shortly after China surpasses America as the world largest economy.

PROLIFERATION OF WMD:

6) Iran says "Nuclear deal within reach," while their neighbors in the Middle East shutter and warn of impending nuclear arms race.

FORESAKING STALWART ALLIES AND MIDDLE EAST PEACE:

7) The Administration threatens to back United Nations against Israel, imposing a 2 state solution rather than a negotiated peace and security for the region. 

ECONOMIC MESS:

8) U.S. economic forecast by the Fed was downgraded to just 2.5%, despite years of near-zero interest rates that were supposed to spark growth, but instead has simply driven stocks into overdrive and set us up for another bursting of the financial bubble. 

HEALTHCARE SHAMBLES:

9) Upcoming Supreme Court decision on Obamacare could see 8 million people lose subsidies and ultimately their health insurance coverage.

ENVORNMENTAL CRISIS:

10) 2014 as the hottest year on record and 13 of the 14 hottest years are in the 21st century so far, this as even Chinese officials acknowledge looming fallout ahead in terms of climate change and disasters. 

If this is just one (more) week with the current breakdown of government,  those causing it all, as the sign states, can proclaim:

"My Work Here Is [Almost] Done."  ;-)

(Source Photo: Andy Blumenthal)

10 Reasons In Just 1 Week To Fear Government Breakdown

Poli-trick-ians, No Way!

So periodically, I like to take a quick pulse of America.

So I find a way to ask someone(s) what they are seeing and experiencing, and what they think about what's going on in Washington, D.C.

So this time, I asked someone about whether they watched the State Of The Union this week. 

The answer?

No way!

Why not?

They said (as if they heard this little mnemonic from others before), "because, they are all 'POLI-TRICK-IANS!'"

I said, well that's cute, but what do you mean?

This is what they said (paraphrasing):

- They don't speak the truth.

- They just say what they think people want to hear. 

- It's all just fighting between the (political) parties. 

- It's not really about the people. 

- It's not about making a difference, anymore [just about being in and keeping power].

Wow, this was pretty powerful. 

I could sense the anger and frustration. 

Also, the disillusionment. 

Checking in on the ratings, this seemed to jive with CNN (and other news media) saying, "State of the Union was President's Lowest-Rated Yet."

According to Nielsen only 31.7 million people tuned in...that's out of a current U.S. population of 324 million!

On the positive side, the number of tweets was way up to 2.6 million during the hour-long address--how sweet those tweets.

Seriously though, we are here to serve the people...how do we get back their respect?

I suspect that the answer revolves around the following:

- We need to turn from fighting each other to fighting our real enemies like the threat from Islamist Terrorism and Weapons of Mass Destruction. 

- We need to break the gridlock and get something done (lot's of things done)!

- We need to stop the political cliches and talk from the heart to the heart. 

- We need to stop thinking about ourselves and focus on the people--all the people (not the middle-class versus the rich, not main street from wall street, not the color or race that you are or aren't)!

- We need to tackle the many big problems we are facing--the national debt, national defense (including cybersecurity), environmental sustainability, raising the level of housing, food, medical care, and education for all, and of course, everything technology and innovation!

We need to go from a perception of poli-trick-ians to genuine representatives and leaders of the people for the people. ;-)

(Source Photo: Andy Blumenthal)

Poli-trick-ians, No Way!

Lobbying Will Get You...Where?

In Washington, D.C., lobbying is a way of life. 

Just walking from the State Department to the Metro means you'll get accosted by somebody wanting action on some issue. 

I took this photo in action today of this guy obviously not in favor of the Keystone XL pipeline. 

He equates it with "Climate Chaos!"

He is holding a sign up to me and trying to hand me some literature.

Whether or not piping tar sands oil from Canada to the Gulf Coast is net good for the economy and national security or bad for the environment and global warming, is of course a matter of debate. 

But like all issues, there are two sides to everything--so prove your case!

Maybe the point to free speech is that everyone can not only have an opinion, but also express it and advocate for it. 

There can be open and amble discussion, vigorous debate, compromises, and ultimately a vote and decision--that hopefully gets us to the best course of action. 

Unlike countries run by dictators or religious fanatics who attempt to quell all opposition--where bloggers are flogged and jailed and authors and satirists are threatened and murdered--we try to make our best case and not condemn those who simply think different than us. 

In expressing ourselves here, someone may occasionally joke and say, "now don't chop my head off for saying this," but in other countries they really mean it! 

Tyrannical dictatorships and Jihadists terrorizing and imposing their will on the masses just won't cut it anymore. ;-)

(Source Photo: Andy Blumenthal)

Lobbying Will Get You...Where?

2014 The Bad News Goes On

What a 2014 it's been as the world continues it's descent into madness.  

If Ebola, the War with Hamas in Gaza, the shoot down of Malaysian Airlines Flight MH17 killing 298 including 80 children and 15 crew, the intransigence of Iran on Nuclear Weapons, employment still near a 30-year low, the National Debt hitting over $18 trillion (and growing $2.43 billion a day!) and the suicide of comedian, Robin Williams wasn't enough...

- Criminal Records: 1 in 3 adult Americans (i.e. 80 million people) now have a criminal record...hmm, if the average family has around 2.5 people then just about 1 person per household has a criminal record. Are you starting to look around you now?

- Economy: Uber, yes, it's a online "ride-sharing" (i.e. taxi) service, but after it's recent IPO, Uber is worth over $41 billion dollars (more than Delta, Charles Schwab, Salesforce.com, and Kraft Foods). Someone's getting taken for a ride. Is this even surprising considering the S&P is priced over 27 times average 10-year earnings (while the historical average is only 16), the result of pumping the economy with short term easy money policies.  

- Cyber Attacks: After a blithering cyber attack by North Korea, Sony withdraws the release of the movie, The Interview, surrendering to cyber terror, and putting us all at greater risk in the future because cyber crime does pay!

- Islamic Terrorism: While ISIS advances in Syria and Iraq, 132 school children (mostly ages 6-18) plus 9 adults massacred by the Taliban this week in Peshawar, many shot in the head and others lit on fire with gasoline and burnt to death so they are unrecognizable. This only 9 months after the April kidnapping by Boko Haram of more than 280 schoolgirls in Nigeria, which was repeated this week with the kidnapping of another 185 woman and children.

- Russian Militarism: The Great Bear is back with a vengeance as Putin continues driving Russian nationalism and buildup of advanced weapons, including WMD (e.g. nukes), aircraft, submarines, and ICBMs to counter alleged "Western Aggression." And despite, the rubbles' massive decline, Putin promises an economic comeback within 2 years--he'll wait out the West and hold Crimea hostage and spoil it for everything it's worth. 

So where are we going next--more hell on Earth or at some point a turnaround towards heaven again?   

(Source Photo: Andy Blumenthal)

2014 The Bad News Goes On

No Way To Fight The Good Fight

Unfortuantely, like many things we do...we do it only halfway. 

While there is certainly a place for vetting issues, moderation, and compromise, often we are overly worried about the ramifications of going too far and thus don't go far enough to accomplish strategic goals.

Similarly, in a pendulum swinging out of control way, we may fluctuate and treat friends as enemies and pretend our enemies are our friends.

Whether in fighting terrorism and nation state enemies, ebola and other horrific diseases, and even righting the national economy...we don't lead, we hesitate or as many commentators have said, we lead from behind. 

ISIS, Boko Haram, Al-Qaeda, Hamas, Hezbolah and more...all alive and still terrorizing.  

Russia, North Korea, Iran...not contained, and threats are growing, while questionable deals involving no less than WMD in some and territorial sovereignty in others loom on the horizon. 

Cancer, parkinson disease, and a dreaded endless list...killing our loved ones and research funding goes to political juggernauts. 

Our national deficit grows, social entitlements are skyrocketing and unpaid for, and we can't seem to manage our way out of a pending breadline. 

There is something to be said for making a real decision based on morality and inner strength, going all in, and achieving the seeming impossible...decades ago, we did it when we put a man on the moon and defeated the Japanese in WWII. 

Now we seem to fight with one arm tied behind our backs (sometimes two) and our eyes covered with hands stained in the blood of social favoritism, stealth corruption, and defeatist attitudes, and at the end of the day, with very little to show for it. 

(Source Photo: Andy Blumenthal)

No Way To Fight The Good Fight

Be Relevant, Live!

"Hello Irrelevant. My name is Andy."

The photo above was taken today near a prominent university in Washington, D.C. 

When our youngsters in the Capital of the United States--the holders of future creativity and energy are feeling irrelevant--we as a country are in serious trouble. 

Yet, don't we all feel irrelevant at times?

We see and hear so much that is somehow wrong in the world and feel powerless to stop it, change it, or do anything about it that really makes a difference. 

Everyday we are witness to people's personal misdeeds that should never be done, let alone contempalted; large, medium, and even smaller organizations doing the wrong thing for profit or power; and governments making decisions for political reasons and not common sense reasons or for the good of the people. 

And how do we feel in all this -- relevant or irrelevant? 

Can we as people endowed with G-d's lifeforce and heavenly spirit, formulate a position that touches people's hearts and minds to do the right thing for the right reasons--and can we speak it articulately enough, loud enough, convincingly enough to make a genuine difference?

Just as a single example in today's Wall Street Journal, an editorial about Yucca Mountain, the place designated for nuclear waste disposal--that is supposed to meet safety requirements for the next "million years" (I think most of us would be happy if we achieve even half that estimate)--and has already cost us 30 years of study and $15 billion, but yet continues to remain stuck in a politcial quagmire--why?

I beleive we can all think of numerous health, safey, and wellbeing issues affecting us, our families, communities, and this country that are are in a similar state of paralysis and dysfunction. 

Why can't we move forward--is there no one relevant out there anymore?

We can't afford to let ourselves sink into feelings of despair, inadequancy, or irrelevancy to the great tasks at hand--whether from things like Ebola, ISIS, or financial meltdown. 

We must find our inner voices, our moral rectitude, and our courage to speak truth to power, to stand firm for right against wrong.

It's understable to feel irrelevant, but it's not sustainable to show it. ;-) 

(Source Photo: Andy Blumenthal)

Be Relevant, Live!

The Light Of Heaven

What a gorgeous sky is South Florida.

The wondrous sun shining through the beautiful clouds floating overhead.

May the light be a healing light and may the power of the L-rd above reign over us in mercy.

From ebola and other illnesses to a sick economy, gruesome terrorism, and general inaction all around, we need G-d more than ever to show us the way.

(Source Photo: Andy Blumenthal)

The Light Of Heaven

Mars On A Dime

So no one can seem to believe that India made it into orbit around Mars for just $74M.  

According to the Wall Street Journal that compares with $671M that it cost NASA (which arrived just 3 days earlier than India's) and the European Space Agency's mission that cost $386M in 2003,

But aside from the Indian's being able to achieve a Mars mission at a tenth the cost of what we did, BBC reported that they also did it $26M cheaper than even the cost of the science fiction movie Gravity with Sandra Bullock about the International Space Station. 

While we clearly go the extra mile and are able to do great things--why does it always cost us so much to get there?

Perhaps, you can say that we are somehow more diligent or careful in our work (i.e. putting a premium on safety) or that it's just the higher cost of labor in this country or that we are early innovators and incur the costs of research and development that others than leverage. 

However, even though we are considered a very wealthy nation, it is fair to ask whether we are managing our wealth with discretion and an eye to the future or do we just take it for granted and are wasteful with it?

With a $3.9 trillion federal government budget (note, this is a full 21% of the entire U.S. economy/GDP), we are talking about some serious money, and we should be getting the most for it.

Unfortunately, the gravy train extends from certain "Beltway Bandit" contractors--e.g. remember the $640 toilet seats, $7,600 coffee makers, and $436 hammers uncovered by the Project on Government Oversight--and apparently all the way to mission Mars. ;-)

(Source Photo: Andy Blumenthal)

Mars On A Dime