This Ted Talk by Andrew Mcafee is supercalifragilisticexpialidociously optimistic about jobs:
This Ted Talk by Andrew Mcafee is supercalifragilisticexpialidociously optimistic about jobs:
This Ted Talk by Andrew Mcafee is supercalifragilisticexpialidociously optimistic about jobs:
The WSJ’s sibling website Marketwatch has a resident liberally bearish voice , Paul Farrell, who regularly rains hell and brimstone on the perpetual bull market, climate change consequences and his latest tirade, the Inequality Bubble Is Accelerating. To balance that blue point of view, Marketwatch needed an Ann Coulter-like bloody red flak attacks . Voila Diana Furchtgott-Roth – More military spending could actually save the U.S. money, 5 reasons to counter climate-change regulation and 5 reasons Janet Yellen shouldn’t focus on income inequality. Perhaps not the cynical conservative slashings of Ann Coulter but still prime red meat.
But her latest column is Gagging at the Mouth GOP Claptrap:The best way to “spread the wealth” is to leave it in the hands of the wealthy and Outsourcing makes Americans better off and Sea levels aren’t rising. If climate change were resulting in rising sea levels, coastal homes would not go for such fabulous sums. Rather, properties near the sea would be dropping in value every year. A quick look at the “Mansion” section of Friday’s Wall Street Journal shows that this isn’t happening.
Ohh… sorry these are not the views of Diana but rather her editor, John Tamny at RealClearMarkets.com. My apologies, Diana. You go girl with your own GOP claptrap – New Congress breaks into action with smart bills correcting Marketwatch’s Rex Nutting and The five dumbest things Congress did in its first 100 days.
Marketwatch, a Rupert Murdoch property, is at least a couple steps ahead of that other Rupert Murdoch tribute to Freedom of the Press, Fox News. No, Marketwatch has not come close to matching Fox New’s record breaking 50 Lies in 6 seconds; but Marketwatch is doing its best to meet Rupert’s “New Press” standard for screeds, uncivility, and partisan propaganda. And so Rupert through Marketwatch and other press properties is hacking away at the value of Freedom of the Press by making his properties success keyed on new lows of shrillness and untrustworthy reporting. And to think, Rupert’s Fox News will, despite its 50 Lies in 6 seconds, get to sponsor a Presidential Debate.
It appears that after the Israeli election that Palestinian Premier Mahmoud Abbas, President Barack Obama and other Western leaders will be safe in identifying Israel’s Bibi Netanyahu as two-faced, cheating, deceitful, dishonest, serpent-tongued, shady, and a two-timing double-dealer. Certainly BibI Netanyahu will not be accused of honesty and trustworthiness. The NYTimes and theGuardian list the most grievous electoral travesties and about-faces as:
1)”I think that anyone who moves to establish a Palestinian state and evacuate territory gives territory away to radical Islamist attacks against Israel.” – this comment breaks the Netanyahu commitment to a two state solution in 2009 and confirms the stark reality of 6 years of fruitless negotiations with the Palestinians which has been Bibi debased.There are dire consequences for this stand. Bibi needs the support of Turkey, Egypt, Jordan, Saudi Arabia, and the US for any “defensive strikes against Iran” and the Arab group likely will not budge unless tangible movement to a Palestinian statehood has been made by Israel.
In addition, the reality of the slow Israeli invasion of Westbank through controversial settlements, a point of contention between Europe and the US versus Israel comes more sharply into focus. Literally, Bibi condoned settlements to swallow up Arab land:
|West Bank (excluding Jerusalem)||480||1,182||3,200
|Gaza Strip 2||30||700||500||900||900||4,800||7,826||0||0||0|
Reversing this Israeli occupational tide through “land transfers” and closing of Israeli settlements will be ‘nigh impossible’ given the popular resistance in 2005-2006 to abandoning the small Israeli settlements in the Gaza Strip of less than 8,000 Israeli settlers.
2)”Arab voters are going en masse to the polls. Left-wing NGOs are bringing them on buses.”
Even Israel’s more right wing media pulled Netanyahu up on his election night claim that his rivals were bussing in Arab voters in order to defeat Likud. Not the least, critics pointed out, because Arabs in Israel have as much democratic right to vote as Israeli Jews. And this violence has consequences in Israel between Arab and Jewish citizens. In the West, only the Arab on Israeli violence gets media play; but the reverse - Israeli violence on native Arabs is also widespread and just got a Bibi “nudge-nudge, wink-wink” greenlight.
3)If Tzipi [Livni] and Bougie [Isaac Herzog] form a government, Hamastan B will be established here.
The many variations on these remarks by Bibi imply that the opposition party is in cahoots with Palestinian, leftists and overseas radical elements – all conspiring to do in Bibi and the Likud party. This abjectly false and bitterly partisan ad-hominem series of attacks make US political partisanship [“Obama is the worst President in US History”] look tame.
4)Jews have been murdered again on European soil only because they were Jews and this […] is expected to continue. We are preparing and calling for the absorption of mass immigration from Europe.
These remarks are extremely unpopular in Europe which sees itself with growing differences with Israel. There is a strong group looking to bring economic sanctions, boycotts, and other restrictions used to prod Israel into more movement on Palestinian statehood. The gulf has gotten wider since the Charlie Hebdo, Belgian, and Danish attacks with Bibi calling for Jews to leave Europe.
5)American money [is] bringing the Arabs to the ballot box.
This is one of many tirades against Americans, and even American Jews living in Israel. Blatant and partisan attacks against President Obama are just the tip of the iceberg of antipathy between the US and Israel. This is an Israel which gets $3-5 billion per year for the past 30 years and has gotten often solitary US blank-check vetoes in the UN against any limitations on Israel’s actions for six decades.
In sum, two-faced Bibi has an enormous task of repairing fences worldwide which the NYTImes credited the Supreme Political Chameleon, already in full damage control mode, fully capable of turning an about face:
“By the night’s end, Mr. Netanyahu, seemed to realize he needed to recalibrate his message. In a late night speech claiming victory,he spoke of delivering security and social welfare ‘to all citizens of Israel , Jews and non-Jew alike.’
Ahhh, recalibration of forked tongue-speak which becomes the master-stroke of a politican whose end justifies the means. And Aluf Benn, in his evaluation of Netanyahu strategy in the election is profusely praiseful of Bibi – “Netanyahu deployed the politics of fear. It worked like magic”. Benn could cite the same rascist and fear-mongering magic deployed by an Austrian politician in the failing years of the Weimar Republic of 1931 to 1933.
USA: Israel’s Flak Catcher
The USA has been Israel’s Flak Catcher for the past 6 decades by virtue of its military aid and staunchly protective UN Security Council vetoes for Israel. This flak-catching role has been increasingly hazardous reaching a disastrous peak in the 911 attacks on New York City. Here is Osama Bin Laden’s justification to the US People for that attack:
“(1) Because you attacked us and continue to attack us.
a) You attacked us in Palestine:
(i) Palestine, which has sunk under military occupation for more than 80 years. The British handed over Palestine, with your help and your support, to the Jews, who have occupied it for more than 50 years; years overflowing with oppression, tyranny, crimes, killing, expulsion, destruction and devastation. The creation and continuation of Israel is one of the greatest crimes, and you are the leaders of its criminals. And of course there is no need to explain and prove the degree of American support for Israel. The creation of Israel is a crime which must be erased. Each and every person whose hands have become polluted in the contribution towards this crime must pay its*price, and pay for it heavily.
(ii) It brings us both laughter and tears to see that you have not yet tired of repeating your fabricated lies that the Jews have a historical right to Palestine, as it was promised to them in the Torah. Anyone who disputes with them on this alleged fact is accused of anti-semitism. This is one of the most fallacious, widely-circulated fabrications in history. The people of Palestine are pure Arabs and original Semites. It is the Muslims who are the inheritors of Moses (peace be upon him) and the inheritors of the real Torah that has not been changed. Muslims believe in all of the Prophets, including Abraham, Moses, Jesus and Muhammad, peace and blessings of Allah be upon them all. If the followers of Moses have been promised a right to Palestine in the Torah, then the Muslims are the most worthy nation of this.”
Bin Laden then went on to cite US support for actions against Muslims in Afghanistan, Somalia, Chechnya,Lebanon, Kashmir, Iraq and elsewhere. Bin Laden was particularly scornful of the Arab prison in Guantanamo where hundreds of Arabs are detained without trial. But clearly the increasingly repressive confiscation of Palestine by Israel is the major point of contention and conflict.
What the US and Europe will have to weigh carefully in the near future is whether they can continue to offer unconditional support to Israel when the lie of negotiating towards a Palestinian state has been clearly exposed and declared by Bibi Netanyahu. Terrorists like the Tunis murderers today will have the excuse that the US and Europe show false support for Muslim causes as long as this blank check support is accorded to Israel.
Yes, the Muslim religion is morally reprehensible with its allowance of savage attacks on “infidels” as seen in the Tunisian attacks on tourists, the slaughtering of 21 Egyptian Christians in Libya, and unrelenting attacks on “Muslim infidels”. This sectarian violence is a perversion of the Muslim faith that mainstream Muslims have not been able to control. But likewise, Israelis have been unable to control the increasing duplicitous dealings of its Prime Minister indicating either that Bibi has the tacit permission for “no Palestinian State” and less and less of full citizenship for Israeli Arabs, American Jews settling in Israel and Ethiopian and other minority group Jews. Privilege is accorded a few ‘right’ Jews – sounds like Muslim exceptionalism. .
Leonard Nimoy, Mr. Spock, passed away at 83 last Friday and captured the collective conscious in unexpected ways. Marketwatch, the blog of Wall Street, published a bulletin reserved for big Bull or Bear market movements on the day. The news captured headlines at the NYTimes, Entertainment Weekly, Toronto Globe and Mail, TheGuardian, Sydney Morning Herald, Luxemburger Wort, France 24, etc, etc. The news traveled with Internet speed and was featured on all the major evening newscasts in Canada and the United States. Twitter, Facebook, Google+, Pinterest, Tumblr all lit up with hundreds of personal messages of grief.
Google Trends showed strong pulses of reaction in Argentina, Australia, Brazil, Belgium, Canada, Columbia, Chile, France, Germany, Holland, India, Ireland, Italy, Israel, Mexico, Norway, Philippines, Spain, Sweden,UK, USA, etc.
In sum, Mr. Spock’s passing touched the World Psyche on a day filled with great irrationality and illogic:
– 7 Missourians killed in yet another senseless gun rampage in the USA.
– Vladimir Putin’s Russia emerges starkly Stalinist with the killing of his political critic Nemtsov.
– Israeli Premier Bibi Netanyahu comes election barnstorming to Washington barely invited.
– House Republicans desert their leader and virtually shutdown Homeland Security amid a terror filled World.
– ISIS raises the level of its barbarity yet again with attacks on art, Christians, and women.
And as coping mechanism many again just tuned out segments of the news. But this repeated withdrawal from reality has consequences.
Reality aversion by tuning out sustains profound reality denial. This is a topic covered in several Star Trek episodes. For example, see Denial of Destiny. Denialists succumb to acceptance of truthiness where a person makes an argument or assertion claiming to know intuitively “from the gut” or because it “feels right” without regard to evidence, logic, intellectual examination, or facts- see here for origins. In the worst case, there is acquiescence to authority in Milgram fashion.
The reaction to Leonard Nimoy’s death is the contemporary realization that Mr. Spock’s LLAP – Live Long And Prosper is becoming a more distant possibility as jobs become more scarce and lower paying as evidenced by participation in the labor force reaching new lows in North America while Wealth Inequality expands.Trickle-down Economics has gutted the Middle Class to the massive benefit of the 1% Wealthy. So beware of the political dogs that bark that we must give tax breaks to the “Job Creators”. This deception for profit is a theme in several Star Trek episodes including Profit and Loss and False Profit.
We see this Ponzi scheme enacted today as business worldwide works relentlessly to increase profits by lowering wages and cutting jobs. But most economies are dependent on robust consumer consumption for their growth and prosperity. So it is too often repeated Tragedy of the Commons, where Businesses own cutbacks threaten their own profitability. As a result of this short-sighted business tactic, the labor participation rate has steadily declined from a high of 67.3% in 1999 to only 62.9% of the US labor force working. That 4.6% drop represents 7 million workers who used to be employed. Unemployment is a world wide problem particularly high in Europe and the Middle East.
Likewise, in what Spock would identify as “most illogical”, the same pattern is seen in the decline of median income [adjusted for inflation] with a high of $56,200 to a current low of $51,000 – Middle class incomes have steadily declined while the 1% rich incomes and wealth have skyrocketed – and this is a worldwide phenomenon. No doubt there has been a recovery from the 2007-2009 Great Recession but the biggest beneficiaries have largely been confined to the stock markets on Wall Street, London, Zurich and Hong Kong.
The Decline of Science
In the 1950’s and 1960’s Ronald Reagan used to host General Electric Theater on NBC where he promised that “Progress was GE’s most important product”. Ronnie didn’t have to add “Progress for all” because that went without saying as Science was making life better throughout the World with spectacular improvements in computers, telecommunications, drugs, agricultural devices and food production, home appliances, etc.
The Space Race was on and the US and other developed nations were putting ever more emphasis on maths, science and engineering from grade school through college. Science was uncovering both the start of the Universe and the Origin of Man. The whole world was a beehive of activity and discovery through science. And Star Trek celebrated that World of Science & Discovery with its very mission statement:
“Space: the final frontier. These are the voyages of the starship Enterprise. Its five-year mission: to explore strange new worlds, to seek out new life and new civilizations, to boldly go where no man has gone before.”
Invention, discovery and science were prized and celebrated – and no more so than on Star Trek..
Fast forward 50 years. True, US leadership in Science continues unabated at the upper echelons but signs of distemper also abound:
– Science & engineering enrollment is declining slowly in the US as foreign students displace US students who have moved to Finance and Law.
– Climate change deniers have managed to slow if not halt climate change controls in both the US and Canada despite growing weather extremes and continuing evidence of environmental overheating.
– More broadly PR Merchants of Doubt use refined propaganda techniques and the truthiness phenomenon to delay, diminish and neutralize science-based control of health, environmental, and climate issues. For example delays in smoking regulations kills 7.5 million/year of Lung Diseases including Leonard Nimoy.
– And to see Truthiness in action look at the Creationism vs Evolution Debate and the Texas School Book controversies on the topic.
In sum, Science is being systematically discredited by various groups but most tellingly by major businesses who on one hand depend on science and engineering for their very well being; but on the other hand use devious methods to sow doubt about science when “its in their interests“.
Finally, there is another undercurrent against Science – its human cost. There is no doubt that major industries have been changed in how they do their business several times over in the past 50 years. Just ask the VHS then CD then DVD then Cloud Drive providers. Or consider musical, image, writing and journal/press talent with their multiple upheavals over the past 40 years with PCs, mobile devices and then the Internet. Or assembly line works in countless industries who have seen multiple changes in how their work is done and whether they will even have a job. Meanwhile the cost of getting a Science or Engineering education is rising 4 times faster than inflation and at 1012% since 1978 surpassing even notorious health care cost rises at 610%. Worse the benefits of getting a degree are also declining.
This employment vs educational cost disparity has been the subject of continuing evaluation. Star Trek visited the issue in the episode Past Tense part II. Here is a contemporary review from the Issues of Science entitled Anticipating a Luddite Revival. The writer, Stuart Elliott, examines how a new wave of advanced Artificial Intelligence apps could revolutionize manufacturing, delivery of medicine,legal processing, and operation of commercial transportation networks among other business and industry sectors. Here is the crux of the argument:
In principle, there is no problem with imagining a transformation in the labor market that substitutes technology for workers for 80% of current jobs and then expands employment in the remaining 20% to absorb the entire labor force. Considering the contrasts across the occupational groups in Table 3, such a change might involve a drastic reduction in sales, management, administration, construction, maintenance, and food service work accompanied by a massive expansion in health care, education, science, engineering, and law.
The United States experienced a labor market transformation of this scale between the early 19th and the late 20th century, when the portion of the workforce employed in agriculture shifted from roughly 80% to just a few percent. However, in the shift out of agriculture, the transformation took place over a century and a half, not several decades.
Clearly this argument is a repeat of the often made aphorism – “for every job lost more than another is created.”
Of course the problems with such labor transfers is manifold:
1)Will the new jobs created appear as fast as the old ones are lost;
2)Will the displaced workers have the skills to take on the newly created jobs;
3)Will the “massive expansion of jobs” match the possibly more massive loss of jobs;
4)Will the pay for the new jobs match or exceed those for the old ones.
And this job displacement will take place in a business climate where the top 1% are more than amply rewarded while the lower 80% have seen not only their incomes decline but their total taxes paid as % of income rise while the 1% are now paying lowest taxes in decades. Clearly Science as the major agent of change will not be wholly welcome. To which Mr. Spock might argue “The whole model is illogical. Equal opportunity for prosperity and well-being for all is Society’s Prime Moral Directive.
To Mr Spock logic and morality are one in the same thing – what is logical is also what is morally fit and right. But world wide, morality and logic are under social siege.
– one sect of Islam sees a moral right to attack, enslave and kill any infidels including rival Islam sects.
– worldwide major financial institutions who depend on the rule of law to maintain the validity of their millions of contracts flaunt that same rule of law regarding their own actions. No NewYork, London, Paris, Zurich, Singapore, HongKong or Tokyo banker has been banned from holding financial office nor gone to jail for their transgressions in not just the worldwide 2007-2009 mortgage and derivative-based crisis but ongoing gross financial misconduct including massive money laundering, huge tax evasion dealings, Libor interest rate manipulations among a continuing stream of financial misdeeds.
– the US Supreme Court under the guise of Freedom of Speech has allowed organizational executives to speak and spend unlimited amounts of money on political campaigns without recourse or approval of the organization’s shareholders, employees, suppliers or customers. This has unleashed huge political spending and influence peddling on Federal, State and Local politicians and governments.
– major news media in the US, Britain, and Australia [almost all Rupert Murdoch properties] flaunt any semblance of truth as “opinion pieces”. The classic catching of the journalists with their moral pants down is the Jon Stewart video – 50 Fox News lies in 6 seconds. The problem is the Fox network gets to moderate a Presidential debate and so its libelous behavior get legitimized much like the Wall Street bankers who escape prosecution and censure – and having gotten off Scott Free are in the process of repeating their financial shenanigans including endangering the Financial System with another very profitable but increasingly risky Derivative-based Bubble.
Each of these illogical behaviors has a contradiction at its core. A religion, Islam, whose moral code enables/condones killing of “infidels” including mostly other Muslims. Finance which is dependent on rule of law flaunts it in the executive suite where legal transgressions has now been factored in “as the cost of doing big financial business”. US Supreme Court whose role in government is to make rulings that are respectful of precedence, while balancing evolving social mores with non-partisan judgments has become patently partisan in the past 10 years. News media which are expected to be fair, balanced and non-partisan have switched to infotainment where opinion pieces provide the cover for biased, partisan, and deliberately deceitful coverage. And these logical contradictions persist because accountability has faltered with counter-balancing institutions failing to censor or check the offending organizations and their most deviant players.
Now it is only a 70-year lifetime ago when the World was concluding an all consuming Second Earth-wide War of horrific proportions. It was a war of immoral logic which had an Ideology of Supremacy threatening to thrust the rule “Might and Right can impose its will on any and all that oppose its absolute rule” upon the World. It is notable the writers of Star Trek envisioned a future World of Universal Conflict where Earth and Spock’s Vulcan race and logic were an outpost against such tyranny.It is also interesting that the Star Trek writers added empathy in episodes like Empath and as a trait for characters like Counselor Troi and Captain Picard – acting as antidote against aggressive tyranny.
But it is also vital to realize that the Vulcan’s absolute, stoic, emotionless devotion to the dictates of logic just would not work in humans. Emotions are crucial to writing the value of experiences in human learning and behavior. Leonard Nimoy recognized this in his book I Am Not Spock where emotion and humour are on full display. 20 Years later in 1995 and after a successful career in acting directing, photography and poetry, Leonard wrote I Am Spock where he celebrated human emotion and humor but also the worth of rigorous logic and science. The World would do well to observe Leonard’s final epilogue – “A life is like a garden. Perfect moments can be had, but not preserved, except in memory. Live long and prosper”. As logic and science dim, a fictional but fine spokesman for them has passed away.
Here is the essential problem in America – the GOP has chosen to become nearly totally dysfunctional and deceitful. On deceit, GOPers know they can say with confidence that Democrats shade the truth and outright lie too. All they have to do is say “Benghazi” and “Obamacare will allow you to keep your healthcare plans if you choose to do so” [unqualified promise courtesy of the President]. Then they have their own Fox News TV Network to trumpet this with imbalance outrage not seen on any other national network. So this becomes the GOP’s essential line of defense – “we step over the line more grossly and more frequently but but the Dems do it too” And the GOP can rely on a radicalized Base and a tuned out public to not consider looking into the details for whose right or wrong on the issues.
Second, GOPers know that the public is barely paying attention to their Federal Politicians, so they can a)issue more callous deceits more often to their base and b)only have to issue a few moderating disclaimers to save themselves from being hung and quartered by the press or populace.
So when a major political party
a)abandons its progressive roots from Abraham Lincoln to Teddy Roosevelt to Dwight Eisenhower; b)embraces a Base of one issue voters [guns, abortions, prayer in schools, no gay rights, etc] ;
c)sets up a propaganda network with Fox News plus radio and paper Shills that echo GOP output with stunning rapidity and unquestioned venom to play to that Base;
d)adopts a broad strategy of NIHILISM [Ignore this link at your peril as NO to anything proposed by the President with no need to offer any viable alternatives started at Obama’s first inauguration] – well then you have the current political gridlock.
And this Federal Gridlock has a GOP Design – just as their “Starve the Beast” policy of gross overspending by Republican Presidents by over 3 to 1 in the past 30 years has incurred the GOP-induced Deficit Crisis which the new Tea Partyers callously and sanctimoniously claim was not of their doing. So likewise they are out now to prove with their Congressional sabotage and the GOP/Business line that “Government does not work”. Or invoke the GOP South line that “President Obama is the worst President since George W. Bush – really worse than George W. “.
So how does this House of Deceitful Cards work? A combo of a rabid Base and otherwise a John Q. Public frustrated, tuning out and/or giving up. Oh, and a malformed interpretation of law that makes the elite of corporations equivalent to people and now permits business elites to spend however much they want to purchase the people and policies they want.
In short when you have such a malignant political player as the GOP and the Public tuning out, the US now effectively allows other countries to become economically and educationally ascendant, while such deviant player as Russia, Iran, North Korea, the Taliban reap great advantage.
With NBC News anchor Brian Williams being weighed down by #BrianWilliamsMisremembers, NBC News has some very tough decisions to make. CNN outlines the dilemma in its telling story Will Brian Williams Return? Even the British got in on the story with this cartoon and coverage:
This party suspects that the hardworking Lester Holt will steady the ratings drop; but given Brian William’s Katrina reporting and rumors of other exaggerations, the possibility of a Williams being mortally wounded as Nightly News Host is still possible.
As one might suspect, the ews media are absorbed in this story 0- just take a look at the headline media stories at the NYTimes, National Review, CNN, and the Daily Beast to mention only a few navel gazers.
The Good News
This has been a tumultuous year for NBC News. In August 2014 they lost MeetThePress host David Gregory due to severe ratings decline. The merger with Comcast has put bottom line pressure on reporting resources. But Meet the Press, NBC’s prestigious Sunday Morning Program, has taken a strong upturn in viewers since Chuck Todd took over for David Gregory. And he continues to garner better ratings. If this is the quality of conversation on Meet the Press they can count on one more viewer:
What had driven this viewer away from Meet the Press this past Summer was the numerous party hacks and political guests who could be relied upon for one and only one thing – a shrill partisan party line. The question is this – can Chuck Todd and the Meet the Press staff get such high quality observers and conversationalists [BBC’s Katy Kay, NYTimes David Brooks, Detroit Free Press Stephen Henderson and NBC’s own Andrea Mitchell]seen this past weekend in the future?
Almost a year ago, Takethe5th featured this story about Microsoft’s support for HTML5:
This Google+ Post is a picture that captures the essence of the continuing story about Microsoft and the Web. This slide is very telling because it reveals once again and summarizes neatly Redmond’s attitude to the Web for nearly 20 years. Remember Bill Gates said in 1995 the Internet was going to be the biggest trend in computing. But he could not find a way to exploit it like his Windows+Office monopolies.
Dean Hachamovitch is the longstanding head hacker of IE and Web standards. Thank you Dean. Thank you Bill. Even Steve Ballmer is going and gone at Redmond but not Web Whacker Supremo, Dean Hachamovitch. He is a now a VP. Nearly 20 years later and Microsoft has not figured out how to capture or effectively cripple the Web; so they continue their slow motion sabotage. HTML5 is the latest Web Standards victim.
This “HTML5 Support by Microsoft” tells you about the continuing animosity towards Web Developments harbored in Redmond. In sum, this pic tells you why in this vast Internet market, Apple and Google, no ethical angels themselves, still have much more Web credence than Microsoft.
Note the following results. IE has improved marginally by about 10%; but it is still the bottom dweller. But note that Apple Safari is now challenging IE for the worst HTML5 performance while Google Chrome leads with Opera and Firefox close behind. In a most ironic fashion, Apple’s Tim Cook seems to be conceding the Web “It justs works” title to Google, Firefox and Opera.
In an interview with Charlie Rose, Apple CEO Tim Cook disclosed that the Apple advantage that they work intensively on in all their products is that “the fact is that they just work better”. Now being a long time worker in the IT and Web world, ye Editor cringed just a bit on hearing such a lofty pronouncement coming on the heals of Apple’s iPhone 6 and iOS 8 announcements. It is very hard to get extremely complex, micro-miniaturized electronics and millions of lines of lines of code to work flawlessly.
Why was Tim Cook inviting Murphy to invade the the Cupertino campus and reek havoc on its new product lines?
Well primarily because Apple no longer wins by daring innovation. In fact, iPhone is infamously playing catch up to Samsung, HTC, LG and others in both the smartphone and tablet markets if not the broader electronics innovation arena. In contrast, the new Blackberry Passport launched today is the first smartphone to breaks the “me-too” features & styling of recent smartphones from Apple ad other vendors. Thus, Tim Cook needs to differentiate Apple from Samsung, Google, Microsoft by securing the pinnacle that “Apple works better”.
However, as suspected Murphy has interceded and spread his chaos on the new Apple products in no small way:
1)Apple pulls iOS 8.0.1 after users report major problems with the update.
2)Apple’s Touch ID still vulnerable to hack attacks.
3)Apple Touch ID continuing to have problems even after iPhone 5 hick-ups.
4)Apple iPhone 6 has new “flex-to-permanent-bend” bent phone feature.
5)Apple continues to have OS/X Mail problems.
In sum, Apple has a wide array of both new introductory and continuing hardware and software problems that match if not exceed those encountered by Google, Microsoft, Samsung and others. Despite Tim Cook’s claims of electronic “it just works” pre-eminence, the reality is no vendor comes close to winning that crown. Device & software complexity plus cutting corners to get to market insure that for now.
Protection money is everywhere in society – but nowhere greater than in the relationship of Wall Street and Washington. And it all has to do with “asymmetrical payments”. For Wall Street bankers and investment houses, being able to dictate the Rule of Financial Law is priceless. Thus, just six large Wall Street banks are willing to spend over $100 billion in legal costs and fines to stave off further banking controls and thwart any downstream civil legal suits because they have managed to achieve “no admission of guilt” agreements with government regulatory agencies on almost every case regarding the Financial Crisis and their own continuing Financial Malpractices. .
In addition, the Financial sector is willing to pay 50% more than any other lobby group at $300M in total campaign contributions to continue to shape Federal financial policy.
Consider that Banking industry profits are running at $120B annually, the banking legal and fine costs are running at about $25B annually while the cost of buying political influence is only $0.300B annually. But for Senators or Congressmen a $100K to $1Million political contribution is invaluable. Hence the asymmetrical payments – Wall Street has nearly 5 times the profits needed to cover its approximate annual legal costs but 3000 times coverage for political protection payments required to shape Financial Rule of Law to their liking. But the payoff for breaking the financial rule of law is even greater because perpetrators of white-collar financial crime almost never see jail and absolutely are never banned from the Wall Street job market – no Ray Rices here..
Ahh, but you don’t believe Wall Street has carte blanche dictating the Financial Rule of Law. Well look at the evidence:
1) Only 1 Wall Streeter went to jail for Financial Crisis and the meme “too big to jail” has real potency.
2)Consider the role and rewards to former GOP Minority Whip Eric Cantor.
3)Consider the role and rewards to former Obama Treasury Secretary Timothy Geithner.
4)Consider the assessment of current financial integrity by Marketwatch/WSJ columnist David Weidner.
And these articles are just the tip of the iceberg. In case you have any lingering doubts, this book, among several dozen, provides one of the better accounts of the true nature of Wall Street and the Rule of Law. .
So the continuing graft on Wall Street permeates politics, economics and even world affairs – sanctions against Russia or Iran may or may not work depending on what major International banks think they can get away with. And all of this rides on asymmetrical payments of protection money that the US Supreme Court has given it 5-4 GOP assent to: corporations are people and so their rights of free speech cannot be limited by decades old election spending limits [and no matter that the “free speech” granted to corporations reflects only the views and will of a tiny executive elite and in no way reflects the beliefs and views of all the corporation’s stakeholders]. So by spending less than 1/10th of 1% of their assets on “political protection money”, Wall Street executives can guarantee they will have the final word on Financial Rule of Law. In 2014, consider the black and white social implications – if you are black and 23 or over, 1/3 of you will go to jail nearly half for drug crimes [and if you are from NYC, Ferguson Missouri, or Sanford Florida you may get killed]; if you are white and part of a multimillion financial racket, you will very likely get no jail time whatsoever. And as for being banned from working on the Street – lol, lol, lol….
Dietrich Schmitz in Google Plus raised the issue of the continuing decline in labor participation rates in the US. He said US media were ignoring the issue and that it is serious – since 2000, 27 million Americans have left the Labour Force. In fact, one just begins to see signs that the media is starting to cover the issue. The NYTimes, in the announcement of the new 288,000 jobs in April noted that those leaving the workforce at 988,000 overwhelmed those new jobs.
Worse the GOP is beginning to show signs of “Pivoting”. Pivoting occurs when a party largely responsible for a problem suddenly does an opportune about face, and blames the other party. The classic example is US Deficits. It started with Ronald Reagan’s treasonous acceptance of Starve the Beast policy of deliberate overspending [http://onforb.es/1i7wMb8 – note this is a Republican commentator in Forbes magazine]while being carried out to even greater degree by the two Bushes. The net result is that GOP Presidents incurred 75% of the US Deficits in the past 30 years.
So despite being the creators of the US Deficits the GOP pivots on the day of the Obama’s first inauguration and adopts a new policy of being Deficit Hawks. Now the Tea Party leads the GOP charge to cutback all deficit spending even in situations where such programs a)do aid the recovery with more and/or better jobs and b)nearly pay for themselves. But since the Obama policies were scuttled, the GOP can claim with impunity “that they would never have worked”.
So in the GOP determination to prove “that Government Does Not Work” and “Obama is the worst President in US History”, they have successfully thwarted these programs. Under the guise of being newly found “Deficit Hawks”, a policy of House lead NO aided by Senate Filibuster [you need 60 votes in the US Senate to close a filibuster, the Dems have only 55 and if a GOP Senator crosses over they get pilloried by Rush and the big GOP PAC spenders]. So many Obama recovery plans have been logjammed in the Senate as much as the House.
So as detailed here [http://nyti.ms/1kDozwE ], many Obama policies which would have reduced the effects of the Recession while helping create more and better jobs were flatly rejected by the GOP. As Paul Krugman notes in the post above, this was a huge opportunity lost for the US Economy in the name of dubious political gain. And if you think The Despicable Me GOP is just a caricature, then read about the latest GOP duplicity.
Thus the current GOP “Pivoting”, as voiced today on the Sunday’s TV shows like Meet The Press and This Week, is to repeat the Deficit Coverup. The GOP spokepersons were decrying the growth in the jobless numbers and the lower participation rates blaming it on the incumbent President and declaring themselves innocent of all responsibility. Classic Political Coverup.
How the GOP Coverup Works
This coverup strategy may well work for the following reasons:
1) the issue is reasonably complex and there is a lot of data and details to understand. Perfect for hoodwinking John Q. Public;
2)Basic Hoodwink 0: Blame the guy in charge during the current pain while minimizing predecessors responsibility;
3)Hoodwink 1: The latest increases in permanent jobless have occurred under the Obama administration. But they started under Ronald Reagan. However, just as the case of Deficits incurred by GOP Presidents, nobody cares to look at the data which shows that Participation rates peaked under Clinton, started to fall off precipitously under Bush Jr and have continued apace under Obama with the help of the GOP “NO” policy [http://bit.ly/1umX1kk ].
4)Hoodwink 2: The issue of participation rate is made more complex by a)increases in women’s participation rate; b)changing amount of part-time work and c)the effects of outsourcing and job automation. “Figures don’t lie, liers figure” applies to recent claims of 50% participation rates.
5)Hoodwink 3: Big Business does not want the decline in participation rates to become an issue because it a)might spook the 6 year Bull Stock Market, b)call attention to their many times dubious wage and employment practices, and c)it maight impede the rollout of the new wave automation technology as seen here which will put even more jobs in jeopardy.
6)Hoodwink 4: The GOP does not have to get a 50% or greater of the population believing that the Dems are responsible for decline in Job participation rates. Just like in Climate Change all they have to do is sow enough confusion, misrepresentation and doubt to secure 35 to 45% belief in their “Pivoting”. And there is no better proof of this then the GOP’s ability a) to become Deficit Hawks in the 2 months after losing the 2008 Presidential election despite 30 years of Overspending and b)to torpedo all of Obama’s recovery plans from 2010 onwards with minimal political damage despite the increasingly catastrophic consequences as spelled out by Paul Krugman [do read his free Priceton course notes linked to in the story – all the GOP Shameful details are there].
So yes Dietrich, Employment Participation Rates are being covered up. And the cause is twofold – The GOP is doing so in a such a debilitating partisan way one can say it is tantamount to Treason. Big business, working inexorably to achieve ever lower labor costs, has on its agenda a new wave of automation which will inevitably lower participation rates even more; so they don’t want the full story out either.
See the recent Economist posting on this vital issue.