You're Wealthy Nuts

So Bloomberg Businessweek has a really funny article about all the wealthy people that need to go see shrinks. 

Get this--overall wealthy people are cursed with "Affluenza" (not influenza silly) and have "elevated levels of depression, anxiety, psychosomatic issues (physical symptoms from stress), and self-mutilation."

Some specific reasons they go for mental health help:

- Why Me--A trying issue to deal with is their guilt feelings about being so darn rich, while others are starving, homeless, and can't make ends meet. 

- Feeling A Little Lonely (And Hated)--They can't help thinking that perhaps people only like them for their money.

- Aimless In Life--What's the purpose of their lives if they are living on easy street, don't have to work, and can buy their way out of trouble. 

- Money To Mess You Up--Some people have so much money, they can squander it on bad investments, but also on alcohol, drugs, sex, and so on.  

- Fear Of Losing It All--Terrible thing about having so much money is you have to worry about losing so much money.  

So next time you are thinking about protesting against the top .1% who have as much as the bottom 90%, have a heart because the wealthy have a lot of problems too. ;-)

(Source Photo: here with attribution to Chris Goldberg)

You're Wealthy Nuts

What's Cool Is Being Oppressed

So we were having this discussion with this lady in synagogue who prides herself as an activist and participates in numerous groups for social justice.

What was most striking to learn is how these days everyone is vying for the title of most oppressed. 

It's no longer "cool" or "in" to be part of the elite privileged rich, strong, and powerful.

If you are any of these, you are part of the corrupt 1%--that have more wealth now than the other 99% of society combined--and you are leeches that feed off of the legitimate working, middle class society. 

The privileged are the bullies, the racists, the occupiers, the unjust, the thieves, and the liars. 

Today, people and groups are arguing to be put on the pedestal for who is underprivileged:

- The poorest in society

- The ones with the greatest inequality

- The most discriminated against and oppressed

- The smallest of the minorities

The prize for those that attain the marks of distinction for worst status can hope to achieve:

- Sympathy (protests, petitions, and actions for boycotts, divestitures, and sanctions)

- Economic Assistance (donations, grants, loans, scholarships, and advanced technology)

- Preferential treatment (college placement, training programs, hiring, promotion, business awards, and board seats)

- Votes (elections, laws, resolutions, decisions, and court awards)

The super underdog has it way up over the superpower. 

Discontent by the masses, supercharged by social media, is leading to an overturning of society from the Arab Spring to Occupy Wall Street.  

Socialism even for presidential candidates is no longer a dirty word in Democratic America and terrorists around the world are now "freedom fighters." 

Regimes such as Iran that sponsor terrorism, abuse human rights, and build weapons of mass destruction now just need to be "opened up" to the outside world and sanctions and non-proliferation is just more western bullying and infidel occupation.  

Other countries like Syria that are ruled by tyrannical leaders that besiege their own cities, starve and torture their people, drop barrel bombs indiscriminately, and use chemical weapons are no longer crossing a "red line", but are simply in need of a political settlement and even can enjoy two or more years of continued rule. 

Small but flourishing Democratic countries like Israel--the size of New Jersey and the only Jewish state in a world of 50 majority Muslim countries--is demonized as Apartheid oppressors of the Palestinians--those very people who are sworn to their destruction and to throwing them into the Sea--just 70 years after the Jewish Holocaust. 

Back in the United States and in Europe, waves of mass immigration across borders is perfectly fine and perhaps even desired to file the ranks of needed employees, obtain desired future voters, and alleviate the aggrieved hearts of those that committed past atrocities or closed their doors to refugees in the past, while those that speak of vetting, border control, and homeland security are Nazi fascists.

Moreover increases in taxes and spending is in vogue, while general fiscal disciple, paring the national deficit and debt, and sequestration are lunatic concepts by those seeking to suppress the middle class and destroy America. 

Don't get me wrong, we as a country can and should go a long way to decreasing inequality and improving the lives of everyone with a living wage, universal healthcare, paid maternity/paternity leave, free or reasonably-priced advanced education, and decent retirement benefits.

However, when we call everything and anything discrimination, racism, and inequality, take away individual accountability, make every grievance into a revolution and opportunity for a lynching or guillotine, things have gone from one insanity to just another. ;-)

(Source Photo: Andy Blumenthal)

What's Cool Is Being Oppressed

Clash Of Civilizations

Things are looking a little less rosy today in the world...

Clash of Civilizations - Tensions continuing to heat up in Middle East as Saudia Arabia is accused of bombing Iran's embassy in Yemen after the Saudi embassy in Iran was ransacked. 

Weapons of Mass Destruction - North Korea conducts H-Bomb test threating major escalation of WMD in Asia, and Iran unveils nuke capable carrying ballistic missiles at 2nd site, and claims surface that ISIS (similar to Syria) is now using chemical weapons. 

Wold Economy - Yesterday, China had to again halt trading (after only 30 minutes) when their stock market dropped another 10%, and the World Bank cuts global growth forecast to just 2.9% for 2016 (down another .4%). 

Violence From Immigration Crisis - Dozens and dozens of women were sexually attacked by alleged gangs of immigrants in multiple cities in Germany after Germany opens its border to 1.1 million immigrants from Syria, Afghanistan, etc. just last year.

Terrorist Attacks -- After multiple terror attacks in Paris, San Bernardino, and on a Russian airliner flying out from Egypt last year, another attack was thwarted just yesterday in Paris on the 1-year anniversary of the Charlie Hebdo killings. 

We may not want to say the words "clash of civilizations," except that we are desperately trying to avoid it, but it seems to be happening and with all it's effects anyway. 

The question is what happens when the proverbial politically "acceptable losses" rise to the point of being completely unacceptable disasters? ;-)

(Source Photo: here with attribution to Guio Gloor Modjib)

Clash Of Civilizations

Market Watch 2016

I took this photo in the mall on New Years Day--yes, the stores were actually open on the holiday.

And Macy's was having a blowout sale with racks and racks of "80% Off Original Price[s]."

We were laughing saying what's next--99% Off and then even 100% off! 

So you think the economy is healthy with fire sales like these on the very first day of the new calendar year--when we still have another 364 days to make our year end sales quotas...

With turbulence around the globe brewing from Iran, Syria, Russia, North Korea, Yemen, Sudan, Nigeria, ISIS, and more...anyone care to say (pending) crisis.

How about commodities--my bet--that are in the toilet (and have been for years now)--do you really think no one needs iron, aluminum, nickel, lead, cooper, potash, oil, gas, coal, diamonds, and gold anymore? 

Then the Wall Street Journal warned again today about the overall investment marketplace, asking "How do you invest when everything is expensive? [at 25 times cyclically adjusted earnings--now that's a fancy term]?

We've been down this road before in the bubble bursts and recessions of 2001 and 2008.

Is now really the time for the Federal Reserve to be raising interest rates (and what a nifty ripple effect that will have in both slowing our economy down and raising our interest payments on our already ballooning $18 trillion national debt)?

Oh, technology to the rescue again and again...it's possible with everything from virtual reality to robotics and artificial intelligence on the cusp...or maybe not this time around. ;-)

(Source Photo: Andy Blumenthal)

Market Watch 2016

You're Getting Milked

If you have a pulse and have been to the stores or even shopping online lately (hey, it's the holidays so of course you have), you know that prices are on the rise.

And this is amazing, because--

Major factors point to pricing that should be driven down:

- Commodities--which are the basic raw materials from agriculture to oil and gas and metals and mining--are at a more than 16-year low!

- Manufacturing has moved to low cost sourcing countries (China, India, Vietnam, Africa, etc.)

- Technology continues to benefit us in terms of cost-efficiencies from the transformation to robotics and automation.

Yet, we keep on seeing prices move ever higher:

Just a few examples...

- "Housing market is on fire" with existing home prices exceeding the pre-recession peak!

- "Car prices at records highs - and rising"

- "Food prices are sky high"--it's not your imagination.

- Fashion "prices rising so fast"

- Health care spending is "again accelerating"

- "College costs are so high and rising."

Forget the B.S. of the basket of inflation stats your being feed...you know that your bills are going up, while your income is stagnant.

The real question is why is the middle class always getting milked--whose interest does it serve? ;-)

(Source Photo: Andy Blumenthal)

You're Getting Milked

Global Chaos But G-d Is On Watch

We are continuing to see the number 613 (a critical number representing G-d's commandments to us in the Torah).

I wrote about this in my post last month (Nov 26).

Yesterday, I randomly looked up at this guy cleaning in front of one of the GW University buildings and there it is...613. 

On Sunday, we stopped for something to eat (see receipt total with the scrambled 613 in it)...$16.38.

The principle of divine intervention in everything we do in our lives is a paramount religious belief, and in Judaism, we learn that not a leaf falls from the tree without it coming from G-d. 

The times we are living in is certainly not normal with terror and war on nearly every horizon (ISIS, Iran, Russia, North Korea, and China to name just a few around the globe), a growing threat from WMD, the economy in shambles, government debt exploding, energy, mining, and other commodities in free-fall, and global warming continuing to heat things up. 

Further, with immense conflict and political dysfunction in how to deal with these challenges, and amazingly little to no resolve to seemingly even address many of them at all, the views and positions are moving toward extremes and the people's emotions seem to range from generalized frustration to genuine fury.

The story isn't over on all these fronts for America or the rest of the world, but I believe even if leadership's heart is hardened and progress seems almost completely stymied in the face of emerging global chaos, G-d is watching and guiding things very closely at this historic time. ;-)

(Source Photos: Andy and Dossy Blumenthal)

Global Chaos But G-d Is On Watch

Top 30 Legacy Of Hope And Change

Over 7 long years, the promise of "hope and change" has given way instead to the disappointment of chaos and dysfunction.

Just some 30 examples off the top of my head...

1) Nuclear IRAN

2) Civil War SYRIA

3) Fragmented IRAQ

4) Taliban resurgent AFGHANISTAN

5) Militarization of SOUTH CHINA SEA

6) Nuclear missile NORTH KOREA

7) Terrorist State ISIS

8) Resurgent aggressive RUSSIA

9) Weaponization of SPACE

10) Streaming crisis of REFUGEES

11) Broken system for IMMIGRATION

12) Sharply rising MURDER RATES

13) Growing and largest PRISON POPULATION

14) Rising RACISM

15) Increasing INEQUALITY

16) Worsening polarization in POLITICS

17) Poor TRANSPARENCY

18) Dysfunction in GOVERNMENT

19) Rising NATIONAL DEBT

20) Crisis in HEALTHCARE

21) Failing system of EDUCATION

22) Stalling INNOVATION

23) Growing insecurity of CYBER 

24) Infringement on PERSONAL PRIVACY

25) Falling participation in LABOR FORCE

26) Slowing ECONOMY

27) Worsening CLIMATE CHANGE

28) Shrinking affiliation with RELIGION

29) Epidemic of SUICIDE AND SUBSTANCE ABUSE

30) Declining HAPPINESS

Now, one of our main hopes has to be genuine change for the better. 

(Source Photo: Andy Blumenthal)

Top 30 Legacy Of Hope And Change

The Unsustainable U.S. Economy

The U.S. National Debt often touted at an enormous $18 trillion is really more than 3 times that amount and closer to a whopping $65 trillion!

That's when you actually count all the unfunded liabilities for civilian and military pensions, retiree healthcare, social security, and medicare.

For each of the 318.9 million people of that United States, it mean $203,826 of debt or for a family of four that's a debt of $815,303.

Put another way, the entire net worth of Americans is $84.9 trillion, but after subtracting the debt of $65 trillion, it drops to just about $20 trillion--coincidentally around the amount of our new debt ceiling.

Moreover, with the richest 1% owning more than 50% of the wealth by 2016 that leave only $10 trillion or $31,675 for each of us--not so hoity toity for 239 years of independence and founding as a nation or all the blood, sweat, and tears we put in every day of our lives.

In terms of our escalating debt, just this last year alone, social security spending went up to $944,143,000,000 or the equivalent of $6,345 for every American with a job. and this is projected to dramatically rise with the retirements of the baby boomers.

Projections are for social security to exhaust its funds by 2035, which could result in across the board 20% or more cuts in benefits of the already meager program where many seniors end up eating cat food.

Additionally, the retirement age already set to go to 67 by 2027 could be forced to go even higher, and social security would likely be curtailed or eliminated entirely above certain income levels.

Is this the financial security and brighter future we are leaving our children and grandchildren?

We can kick the can down the road, but the unsustainability of it all will eventually come back to haunt us. ;-)

(Source Photo: here with attribution to Pictures of Money)

The Unsustainable U.S. Economy

A Feel Good But Deeply Ailing U.S. Economy

Get comfortable with your salary, because it isn't going anywhere positive--payrolls are stagnant!

The Wall Street Journal reports that wages since the recession "have grown slowly, advancing at a pace of about 2% annually" for a total of 12% since 2009.

In contrast, in the 20 years prior to the recession, wages "grew on average better than 3% annually"--that's 50% more increase per year!

Sure some of the increase is now coming in the form of benefits growth, such as time off, subsidized commuting costs, and health insurance premiums, but workers still need to be able to pay their bills. 

For the federal workforce, things have even been worse with pay raises of "just 2% [total] over the last five years" and a proposed 1.3% (with locality pay) for 2016.

Is it surprising then the innovation--one of our greatest strengths--is also drastically slowing in the United States. We are not rewarding risk with reward like we used to--and that changes the whole innovation equation!

Also no surprise then that mergers and acquisition are booming as the key to corporate growth as well as cost-savings through economies of scale are seen as one of the only ways to wring out profit growth in companies bottom lines.

All in all:

- The average household income in the U.S. of $53,657 (as of 2014 census) is actually negative $2,401 or -4.3% since 2005.

- While inflation is up an average of 2.13 over the same 10-year period.

- This leaves the average household more than 6% worse off then they were a decade ago...that's a lot of time to be working and getting negative returns on your investment of time and effort.

Combine this with:

- A stagnant U.S. economy despite near zero interest rates since December 2008.

- Manufacturing down to only 9% of jobs in the U.S. economy

- The country's ongoing spending binge--a national debt that has doubled over 8 years from around $10 trillion to almost $20 trillion by 2017 and interest payments about to take off with rising interest rates.

- Throw in a arms-race with China and Russia and the aging Baby Boomers setting up the economy for dramatic increases in Social Security and Medicare

And the "fun" NOT is only just beginning. ;-)

A Feel Good But Deeply Ailing U.S. Economy

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?