"The Global Consciousness Project, also known as the EGG Project, is an international multidisciplinary collaboration of scientists, engineers, artists and others continuously collecting data from a global network of physical random number generators located in 65 host sites worldwide. The archive contains over 10 years of random data in parallel sequences of synchronized 200-bit trials every second."
Posted by Warm Southern Breeze on Tuesday, June 28, 2022
The
EXCLUSIVE REASON
WHY GAS PRICES ARE HIGH
is because
OIL COMPANIES HAVE CLOSED REFINERIES
&
REDUCED REFINERY INPUTS.
The U.S. Energy Information Administration’s website (https://www.eia.gov/) has a page dedicated to “Refinery Utilization and Capacity” (https://www.eia.gov/dnav/pet/pet_pnp_unc_dcu_nus_a.htm) which shows that, NOT ONLY have BIG OIL companies CLOSED REFINERIES, they have also DECREASED OIL PRODUCTION (Gross Inputs to Refineries) — BOTH which have contributed EXCLUSIVELY to hyper-inflated gas prices, and bank-busting profits for BIG OIL & their stockholders.
In other words, they’ve also “capped oil wells.”
One way to INCREASE PROFITS is to PRICE GOUGE, another is to MANIPULATE THE MARKET.
BIG OIL companies are doing BOTH.
Refineries — which are owned by oil companies — have been CLOSED BY THE OIL COMPANIES, despite making bank-busting RECORD PROFITS. Read the rest of this entry »
WH Group’s “global headquarters is strategically located in Hong Kong, with regional headquarters in China and the U.S.,” while the “Headquarters Shuanghui Development in Luohe, Henan Province,” China, and WH Group’s U.S. Headquarters of their Smithfield Foods division is in Smithfield, Virginia.
WH Group is also one of the LARGEST FOREIGN OWNERS of American farmland, with 146,000 acres and that separate sale was worth US$500M, according to the USDA.
Put another way, 146,000 acres is 228.1252 square miles… that’s nearly 20% (18.79% exactly) of the entire state of Rhode Island, which has 1214 square miles.
Unbridled greed in the extreme, aka AVARICE, is to blame. And Americans laws DO NOT FORBID, nor punish, such BAD BEHAVIOR. In fact, it’s REWARDED & ENCOURAGED.
Blame Congress — which has been bought & paid-for by Corporate lobbyists — for their FAILURE TO PROTECT AMERICAN DOMESTIC INTERESTS. THAT is a matter of NATIONAL SECURITY.
But let’s do something else. Let’s examine HOW MUCH U.S. land is owned, or controlled by, foreign interests.
Using a 1978 law — the Agricultural Foreign Investment Disclosure Act, which requires foreign entities to report farmland transactions to the USDA’s Farm Service Agency — the Midwest Center for Investigative Reporting examined USDA & other Federal data to determine how much land is owned/controlled by foreign interests.
They found that in 2016, foreign investors that year acquired at least 1.6M acres of U.S. farmland. And USDA data shows that either through direct ownership, or long-term leases, foreign investors control at least Read the rest of this entry »
Posted by Warm Southern Breeze on Friday, May 21, 2021
The gap between legal and illicit cannabis markets in Canada continues widening, according to the latest data from Statistics Canada, the national statistical agency.
Household spending on adult-use cannabis products in legal, regulated channels, grew to $918 million Canadian dollars (US$800 million) in the 4th quarter 2020, which was CA$204 million more than the estimated amount spent on illicit cannabis in the same period.
For the first time, in the previous quarter, spending on legal recreational cannabis in Canada exceeded the value of illegal transactions, with regulated expenditures exceeding estimated illicit sales by CA$59 million.
Posted by Warm Southern Breeze on Monday, May 17, 2021
A friend in Alabama, whom is the quintessential example of a Trump supporter – a White, poorly-educated, hard-shell, far right-wing, Christian Baptist Evangelical RINO – recently sent this to me.
I have no idea where he found it – I didn’t ask, and he didn’t say – though I rather suspect that, more likely than not, he found it on Facebook somewhere. (And indeed, that is the case.) So I can’t, and won’t attempt, to vouch for the claims made in the accompanying description, which is, as it’s read, but an oblique, limp, halfhearted, milquetoast denunciation of renewable energy and Electric Vehicles – and a phenomenally poor one, at that.
Posted by Warm Southern Breeze on Thursday, May 13, 2021
“Socialism,” Schmocialism…
Will M4A (Medicare for All) happen?
Yes, without a doubt.
Why?
It’s in the BEST INTEREST of the Insurance Companies’ bottom line.
THEY are the ones driving M4A.
Point out JUST ONE example where they have publicly stated that they oppose M4A.
You can’t.
Why not?
Because they don’t.
Researchers analyzed annual corporate filings with the federal Securities and Exchange Commission, known as 10–K reports, for the five largest for-profit commercial insurers. Data are for 2010 through 2016, which includes 3 years before the ACA’s major insurance reforms and 3 years following them.
The five largest commercial insurers together enroll 43% of the insured population, and they increasingly rely on their Medicaid and Medicare business for growth and profitability. Federal and state governments could potentially improve access to coverage by requiring insurers that participate in Medicaid or Medicare to also participate in the marketplaces in the same geographic area.
The 5 largest US commercial health insurance companies together enroll 125 million members, or 43% of the country’s insured population.
Over the past decade those insurers have become increasingly dependent for growth and profitability on public programs, according to an analysis of corporate reports.
“Despite reported losses in insurers’ individual-market business, corporate reports reveal healthy profitability and strong revenue growth overall, with other market segments — including Medicare and Medicaid — offsetting losses. The data underscore a growing mutual dependence between public programs and private insurers.”
In 2016 Medicare and Medicaid accounted for nearly 60% of those companies’ health care revenues and 20% of their comprehensive plan membership.
Medicare and Medicaid business grew faster than other segments between 2010 and 2016, doubling from 12.8 million members to 25.5 million across all five firms. By 2016, the carriers accounted for 52% of the Medicare Advantage market. Medicaid enrollment also doubled (7 million to 15 million).
Despite experiencing losses in the individual market, 4 of the 5 (with the exception of Humana) reported that pretax profits either held steady or increased from 2013 through 2016, the first three years of the ACA’s individual-market reforms.
Profit margins had declined between 2010 and 2013 (prior to ACA implementation) before stabilizing between 2014 and 2016 (with the exception of Humana), as individual-market losses were offset by gains in other segments.
In 2016, Medicare and Medicaid accounted for 59% of combined U.S. revenue for the 5 largest insurers, more than doubling since 2010, from $92.5 billion to $213.1 billion. • Collectively, the 5 insurers’ membership grew by 23 million (23%) from 2010 to 2016, with 4 of the 5 growing by at least 20%. This was more than double the increase from 2005 to 2010, the five years leading up to the ACA’s passage. • The stock prices for all five insurers cumulatively increased more than 200% from 2011 to 2016.
Medicaid and Medicare have been a key source of membership growth for the five insurers, with plans strategically positioning themselves to enter or expand in these markets. For example, when Anthem purchased Amerigroup in 2012, it more than doubled its Medicaid membership while expanding into 20 new states.
UnitedHealthcare, meanwhile, expanded into Medicare by partnering with AARP to offer Part D prescription coverage and buying regional plans that had Medicare Advantage business.
At the same time, these insurers have exited a number of state ACA marketplaces, citing financial uncertainty. To stabilize insurance markets across all segments and ensure consumer access to plans, the authors say, federal and state law could require any carrier participating in Medicare or in state Medicaid programs to also offer individual-market plans in those geographic areas. Such “tying” requirements would make it more difficult and costly for plans to jump in and out of markets.
Posted by Warm Southern Breeze on Tuesday, April 20, 2021
An inflation is defined as when prices in general go up. Not every price, and not each price the same amount, but a general rise in prices is all that the word “inflation” means. Goods and services, in general, go up in price. Number one.
Number two: Simple. The people who decide on prices are employers – the people who own and operate businesses – ’cause that’s where most goods and services come from. And under a private enterprise system, the individuals who set the prices are the owners, operators, chief executives of corporations. So the first question to understand, first point, is that, if you have a general rise in prices, it’s the business community that’s doing that.
Now, the next question: Why would the business community do it?
Well, the first answer again, is simple – is because it’s profitable. It’s the easiest, quickest, and best way to make more profits – which is to take whatever it is you’re producing, and charge more for each unit of it that you sell. In other words, to raise the price. So in many cases, there’s an inflation because businesses are raising prices to make more profits.
Posted by Warm Southern Breeze on Tuesday, February 16, 2021
Texas Electrical Energy Deregulation map The Texas and Dallas deregulated energy service areas are divided into six Transmission and Delivery Utility (TDU) Companies. Those TDUs are: • Texas New Mexico Power Company (TNMP) • Sharyland Utilites • AEP North (American Electric Power) • AEP Central • Oncor (most of DFW, Dallas-Fort Worth included) • CenterPoint (Houston and surrounding areas)
While it’s cold – and yes, it’s a Polar Vortex (see the motion gif showing 2 months of daily changes at the bottom of this page) – it’s NOT like the Polar Vortex of February 2019.
But if you’ve been wondering WHY Texas is having problems delivering electricity right now with a relatively minor cold snap moving through much of the United States, and other states aren’t, wonder no more.
Texas has a DEREGULATED energy/electrical power grid.
10,252,500 unemployed people
x $40,000 = $410,100,000,000 ($410 billion)
That’s MUCH LESS than the $1.9 TRILLION proposed.
Plus, the $10,000 FICA/SECA money would be for their employers, a $10,000 tax deduction!
Why do something like that?
First, it puts a significant amount of money (delivered in a lump sum) into the hands of hurting people. And they need that help DESPERATELY. It keeps them from being evicted/foreclosed upon, it keeps the lights turned on, and water and gas turned on, etc.
Second, it significantly helps employers, many which are also hurting, and need help. In the case of small businesses, many owners are employees of their companies, so they would also get $30,000 checks. PLUS, they would also get $10,000 checks (per se), which would be credited to the company’s books as a deduction in operating expenses, thereby increasing their profit (perhaps they’ll use it to pay down long-term debt). How they use the value of the deduction is entirely up to them, but it (the money) MUST BE PAID TO THE EMPLOYEE’S FICA ACCOUNT. In fact, the mechanics of the transaction are Read the rest of this entry »
Posted by Warm Southern Breeze on Wednesday, December 16, 2020
Good-for-nothing bastard.
The late Reverend Dr. Martin Luther King, Jr. had something to say about such abuse:
Whenever the government provides opportunities in privileges for white people and rich people they call it “subsidized” when they do it for Negro and poor people they call it “welfare.”
The fact that is the everybody in this country lives on welfare. Suburbia was built with federally subsidized credit. And highways that take our White brothers out to the suburbs were built with federally subsidized money to the tune of 90 percent.
Everybody is on welfare in this country.
The problem is that we all too often have socialism for the rich and rugged free enterprise capitalism for the poor. That’s the problem.”
From a sermon entitled “The Minister to the Valley,” February 23, 1968, from the archives of the Southern Christian Leadership Conference.
Scores Of Private Charitable Foundations Got Paycheck Protection Program Money
Scores of private charitable foundations, set up by some of the nation’s wealthiest people, received money from the federal government’s Paycheck Protection Program, which was created last spring to save jobs at small businesses as the coronavirus tanked the economy.
NPR has identified at least 120 foundations that collectively received more than $7.5 million in PPP funding. That’s a small slice of the overall program, which disbursed about a half-trillion dollars, but some of the foundations are linked to individuals of considerable means: An oil magnate, a cable television tycoon, a dermatologist called the father of modern hair transplantation, and an aviation entrepreneur who founded companies with annual sales of more than a billion dollars.
President Trump speaks as Jovita Carranza, Administrator of the Small Business Administration; Treasury Secretary Steven Mnuchin; and Ivanka Trump, advisor to the president, listen during a Paycheck Protection Program event in the East Room of the White House on April 28, 2020.
OnlyFans isn’t the only site for sex-work entrepreneurs. Here are 7 other platforms, with the exact cut that creators take on each.
Mark Stenberg
29 November 2020
MelRose Michaels, a popular sex worker with accounts on FanCentro and OnlyFans, is one of many high-profile creators using multiple platforms to extend her reach.FanCentro
OnlyFans, a NSFW subscription-based website, has exploded in popularity this year, but its newfound fame has brought fresh criticism of its treatment of sex-work creators.
These sites all employ similar subscription models as OnlyFans, meaning revenue goes directly to creators, but they are also vocal supporters of sex workers and the industry at large.
This year, as stay-at-home measures across the country led to a surge in traffic to adult entertainment websites, the rising popularity of the subscription-platform OnlyFans brought a fresh wave of criticism to the site.
Sex workers, who are largely responsible for OnlyFans’ rise in prominence, told Rolling Stone that the platform has mistreated them, mishandled their money, and sometimes kicked them off inexplicably. As OnlyFans’ burgeoning popularity attracted celebrities, sex workers complained to The New Statesman that the site they had made famous was now abandoning them to cater to its newly joined, more influential creators.
In the wake of this growing animosity, a number of OnlyFans competitors have gained traction. Like OnlyFans, these sites use a subscription model and similar payout rates, meaning creators can profit directly off their content. Some even offer components that make their pages feel more like social media, such as stories and the ability to “follow” creators without subscribing to them, features that OnlyFans lacks.
They also differ from OnlyFans in another important way: They champion their sex workers and broadcast their committment to giving them a platform.
“The main reason I decided to leave was because I have read articles and seen people talking on Twitter about how OnlyFans has been deleting sex workers’ accounts with no reason and no warning, and sometimes people have lost thousands of dollars,” said sex worker Jamie Zella in a YouTube video.
Still, with more than 70 million registered users, OnlyFans remains the most popular of these subscription-based sex-work platforms, meaning the site’s network effects make it hard to quit; creators flock to where the traffic is, no matter their misgivings. To accomodate this reality, creators like MelRose Michaels have accounts on more than one platform.
Nonetheless, many of these OnlyFans competitors see the site’s dismissive treatment of their core users as a clear business opportunity. If OnlyFans won’t appreciate their sex workers, these sites will. Below is a list of OnlyFans competitors that employ similar business models but more openly support their sex-work creators. Read the rest of this entry »
Posted by Warm Southern Breeze on Friday, November 27, 2020
Nothing short of amazing!
Other states should take notice.
Oklahoma State Representative Scott Fetgatter (R-16)
Witness the Free Market and Free Enterprise at work collaborating with government with practically nominal regulation.
The primary difference being, is that the heavy hammer of law hangs over the heads of individuals whom violate the law, and licensing/permitting is required throughout the process – from producer to consumer – and, it is taxed.
“Anybody who wants to use marijuana is already using marijuana.
You’re not stopping that.
The goal is to eliminate the black market.”
– Oklahoma State Representative Scott Fetgatter (R-16)
“They’ve literally done what no other state has done:
Free-enterprise system, open market, wild, wild west.
It’s survival of the fittest.”
– Tom Spanier, owner of Tegridy Market
(a dispensary that takes its name from South Park)
with his wife in Oklahoma City, last year
WELLSTON, Oklahoma—One day in the early fall of 2018, while scrutinizing the finances of his thriving Colorado garden supply business, Chip Baker noticed a curious development: transportation costs had spiked fivefold. The surge, he quickly determined, was due to huge shipments of cultivation supplies—potting soil, grow lights, dehumidifiers, fertilizer, water filters—to Oklahoma.
Baker, who has been growing weed since he was 13 in Georgia, has cultivated crops in some of the world’s most notorious marijuana hotspots, from the forests of Northern California’s Emerald Triangle to the lake region ofSwitzerland to the mountains of Colorado. Oklahoma was not exactly on his radar. So one weekend in October, Baker and his wife Jessica decided to take a drive to see where all their products were ending up.
Voters in the staunchly conservative state had just four months earlier authorized a medical marijuana program and sales were just beginning. The Bakers immediately saw the potential for the fledgling market. With no limits on marijuana business licenses, scant restrictions on who can obtain a medical card, and cheap land, energy and building materials, they believed Oklahoma could become a free-market weed utopia and they wanted in.
Within two weeks, they found a house to rent in Broken Bow and by February had secured a lease on an empty Oklahoma City strip mall. Eventually they purchased a 110-acre plot of land down a red dirt road about 40 miles northeast of Oklahoma City that had previously been a breeding ground for fighting cocks and started growing high-grade strains of cannabis with names like Purple Punch, Cookies and Cream and Miracle Alien.
“This is exactly like Humboldt County was in the late 90s,” Baker says, as a trio of workers chop down marijuana plants that survived a recent ice storm. “The effect this is going to have on the cannabis nation is going to be incredible.”
Oklahoma is now the biggest medical marijuana market in the country on a per capita basis. More than 360,000 Oklahomans—nearly 10 percent of the state’s population—have acquired medical marijuana cards over the last two years. By comparison, New Mexico has the country’s second most popular program, with about 5 percent of state residents obtaining medical cards. Last month, sales since 2018 surpassed $1 billion.
To meet that demand, Oklahoma has more than 9,000 licensed marijuana businesses, including nearly 2,000 dispensaries and almost 6,000 grow operations. In comparison, Colorado—the country’s oldest recreational marijuana market, with a population almost 50 percent larger than Oklahoma—has barely half as many licensed dispensaries and less than 20 percent as many grow operations. In Ardmore, a town of 25,000 in the oil patch near the Texas border, there are 36 licensed dispensaries—roughly one for every 700 residents. In neighboring Wilson (pop. 1,695), state officials have issued 32 cultivation licenses, meaning about one out of 50 residents can legally grow weed.
What is happening in Oklahoma is almost unprecedented among the 35 states that have legalized marijuana in some form since California voters backed medical marijuana in 1996. Not only has the growth of its market outstripped other more established state programs but it is happening in a state that has long stood out for its opposition to drug use. Oklahoma imprisons more people on a per-capita basis than just about any other state in the country, many of them non-violent drug offenders sentenced to lengthy terms behind bars. But that state-sanctioned punitive streak has been overwhelmed by two other strands of American culture—a live-and-let-live attitude about drug use and an equally powerful preference for laissez-faire capitalism.
“Turns out rednecks love to smoke weed,” Baker laughs. “That’s the thing about cannabis: It really bridges socio-economic gaps. The only other thing that does it is handguns. All types of people are into firearms. All types of people are into cannabis.”
Indeed, Oklahoma has established arguably the only free-market marijuana industry in the country. Unlike almost every other state, there are no limits on how many business licenses can be issued and cities can’t ban marijuana businesses from operating within their borders. In addition, the cost of entry is far lower than in most states: a license costs just $2,500. In other words, anyone with a credit card and a dream can take a crack at becoming a marijuana millionaire.
“They’ve literally done what no other state has done: free-enterprise system, open market, wild wild west,” says Tom Spanier, who opened Tegridy Market (a dispensary that takes its name from South Park) with his wife in Oklahoma City last year. “It’s survival of the fittest.”
The hands-off model extends to patients, as well. There’s no set of qualifying conditions in order to obtain a medical card. If a patient can persuade a doctor that he needs to smoke weed in order to soothe a stubbed toe, that’s just as legitimate as a dying cancer patient seeking to mitigate pain. The cards are so easy to obtain—$60 and a five-minute consultation—that many consider Oklahoma to have a de facto recreational use program.
But lax as it might seem, Oklahoma’s program has generated a hefty amount of tax revenue while avoiding some of the pitfalls of more intensely regulated programs.Through the first 10 months of this year, the industry generated more than $105 million in state and local taxes. That’s more than the $73 million expected to be produced by the state lottery this fiscal year, though still a pittance in comparison to the overall state budget of nearly $8 billion. In addition, Oklahoma has largely escaped the biggest problems that have plagued many other state markets: Illegal sales are relatively rare and the low cost to entry has made corruption all but unnecessary.
All of which has made Oklahoma an unlikely case study for the rest of the country, which continues its incremental march toward universal legalization. Oklahoma is Read the rest of this entry »
Posted by Warm Southern Breeze on Sunday, October 18, 2020
Trump’s economy is SO BAD…
How bad is it?
Trump’s economy is so bad, that he has LOST MORE than was gained under his administration.
When he took the Oath of Office in January 2017, POS45 was given a THRIVING economy by his predecessor, the Black Democratic President (that’s GOT to gall POS45, don’t you know!?!) Barack Hussein Obama.
Federal Reserve Economic Data (FRED) from the St. Louis Federal Reserve, presented graphically data from the U.S. Bureau of Economic Analysis about our national economy.
And, just for funsies, and perspective, data from the First Quarter 2005 until Current – 2nd Quarter 2020 is shown.
And as you can see plainly, the last time the economy was performing at this level, was in the 1st Quarter 2015 – over 5 years ago.
5ive years.
That would be the next-to-last year of President Obama’s 2nd term.
Yeah.
Trump has
SQUANDERED AWAY EVERYTHING,
AND THEN SOME!
Kinda’ sounds like a Bible parable, or some such thing.
Isn’t that what he’s done historically with his casinos and their 6 associated Chapter 11 bankruptcies?
But look also at this: The sudden precipitous decline, the rapidly massive downturn in Trump’s economy is the WORST – THE WORST (he likes superlatives) – since records began being kept in 1947. Maybe even worse than the Great Depression.
But look also at this: The sudden precipitous decline, the rapidly massive downturn in Trump’s economy is the WORST – THE WORST (he likes superlatives) – since records have been kept in 1947. Maybe even worse than the Great Depression.
Trump’s economy is now at the point
where Obama’s economy was
in the 1st Quarter 2015.
That was the promise which was authorized and made to freed slaves by General Tecumseh Sherman in Special Field Order No. 15 on January 16, 1865, during the last days of the Civil War.
It was promptly broken by President Johnson, who was a slave owner, and had become President upon Lincoln’s assassination.
America has been breaking promises at least since 1776.
I wish that America’s politicians
(especially the GOP)
cared more for The People
than for corporations.
Anyone that loves America, loves her people, loves the idea of liberty, of equality, and guaranteed rights under law, should also love honesty, justice, and responsibility. And one simply CANNOT examine any segment of American history without acknowledging the horrific and grotesque inequity present FROM THE BEGINNING of this nation. It’s written in the Constitution, for heaven’s sake!
Women did not have the right to vote (suffrage).
Blacks were enslaved. Then, Blacks were continually discriminated against in seemingly countless ways – ranging from the denial of voting rights, of commerce, of justice, and more. And, as if to add insult to injury, the 13th Amendment has an exclusion clause FOR the purpose of perpetuating slavery. The amendment reads: Section 1. Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.
“…except as a punishment for crime whereof the party shall have been duly convicted…”
Yes, slavery IS 100% Legal in the United States. The Constitution says so.
And to ANYONE who claims or asserts that there is not now institutionalized racism in this country need only look to the USDA (United States Department of Agriculture) to see that racism is institutionalized, and alive and well in the United States.
In the 1999 Class Action case Pigford v. Glickman(Timothy Pigford, et al., v. Dan Glickman, Secretary, United States Department of Agriculture), “the suit claimed that the agency had discriminated against black farmers on the basis of race and failed to investigate or properly respond to complaints from 1983 to 1997.” Members of the class included those who received allocation of farm loans and assistance between 1981 and 1996. (See: “Black Farmers Win $1.25 Billion In Discrimination Suit,” By Jasmin Melvin, February 18, 2010, online at https://www.reuters.com/article/us-usa-farmers-pigford-idUSTRE61H5XD20100218)
• The 2007 Census of Agriculture reported that 2.20 million farms operated in the United States. Of this total, 32,938, or approximately 1.5% of all farms, were operated by African Americans.
• Over 74% (24,466) of African American farmers in the United States reside in Texas, Mississippi, North and South Carolina, Alabama, Georgia, Virginia and Louisiana.
• Average annual market value for farms operated by African American farmers in 2007 was $30,829. The national average for white U.S. farmers was $140,521.
• Overall, the number of farms operated in the United States increased by 3.2% between 2002 and 2007. Farms operated by African Americans increased from 29,090 to 32,938, an 11.7% increase over the five-year period.
• In 2007, 348 (757 in 2002) African American farmers received Commodity Credit Corporation (CCC) loans amounting to a total of $9.9 million. This averaged $28,408 per participating African American farmer, about 32% of the national average ($87,917). Average CCC loan value to white farmers was $88,379.
• Other federal farm payments to African American operated farms averaged $4,260, half the national average government farm payment of $9,518. About 31% of all African American farmers received some government payment compared to 50% of white farmers.
Posted by Warm Southern Breeze on Monday, September 14, 2020
This now-iconic image of late country music legend Johnny Cash was made at his San Quentin Prison, California concert in 1969 by photographer Jim Marshall, who had said, “John, let’s do a shot for the warden.” The photo was relatively obscure until 1998 when Cash began working with legendary producer Rick Rubin to create Cash’s American Recordings album series, which revitalized his career shortly before his death, and introduced him to a new generation of fans in several musical genres. Rubin, who produced acts such as The Beastie Boys, Slayer, Metallica, and Tom Petty, had never produced a country artist, and quickly called it a “trendy scene” after being snubbed by Nashville. So he paid $20,000 for a full page ad in Billboard magazine which featured this image, and sarcastically read “American Recordings and Johnny Cash would like to acknowledge the Nashville music establishment and country radio for your support.”
Part of the tragic irony of this coronavirus ordeal is that in addition to the modest bailouts that have been given to Americans, and small businesses, they were also to the corporate community.
The need was tremendously underestimated, and much of the benefits, such as a boost to the unemployment compensation, concluded at the end of July… but the needs and the bills just kept coming. There was no reprieve for them, including the rent, and mortgage payments.
Banksters, you know… they love to tell you how much they love mama, babies, apple pie, and the girl next door, but when it comes time for the rubber to meet the road, suddenly, they’re the enemy who’d rather give you a shiv, than the time of day. After all, they have the money – and LOTS OF IT – and you don’t, so they call the tunes. So, pull yourself up by your bootstraps.
Now, if you think about it, that’s just a bizarre, and nonsensical maxim, because well… you’re standing in your boots, and pulling on the straps is a totally useless exercise. It’s like looking for a mythological sky hook, or a snuffleupagus.
But grit, and determination, you know. That’s the American way – and all sung to Frank Sinatra’s version of “(I did it) My Way.”
The reader should infer significant sarcasm in the remarks above.
However, there is no sarcasm in the following commentary.
In this present situation in which we find ourselves, BIG BUSINESS has, once again, made out like a bandit with the handouts given to them by Congress.
In their earnest desire to make things good for the American people, Congress has seen fit to include families and individuals this go ’round in the latest state-funded bailout of the failed economic system. And, that’s a good thing.
I purposely use the word “failed,” precisely because had it not failed, it would not have exposed the weaknesses inherent in it the way it was. But now that masses of people have “suddenly” discovered that they’re just a paycheck, or two, away from total financial ruin, and homelessness, it signifies that Read the rest of this entry »
Posted by Warm Southern Breeze on Monday, August 10, 2020
Hey, I’m ALL FOR THAT IDEA!
But… you’re gonna’ have to open up the purse WIDELY — V – E – R – Y — W – I – D – E – L – Y — for it to even begin to work.
And there’s a wee bit of GOOD NEWS!!
Yes, there’s a very bright spot in this matter, and it is this:
“We can actually fund the additional unemployment benefits, for example, or additional support to small businesses from our own domestic resources. That is much, much better than having to borrow it from abroad. So this recession is very unique in how we’ve shut down part of the economy because it’s also generating savings that can support the workers who are most affected. I know it’s complicated, but this is a unique moment when the traditional concerns about government deficits, debt to GDP, do not apply.“
But part of, if not the exclusive problem, with Trump’s response is that it’s misguided (as in “uncentered, and lacks focus”), and has no cohesive unifying action, or standard. There’s no clear guidance on what to do, who does what, when, how, to what extent, or anything… literally.
Have you seen them in YOUR state, or neighborhood? Have you read, or heard of anything they’re doing in your state or community?
I didn’t think so.
How has the Red Cross been involved?
That I’m aware, that I’ve heard of, or read, they haven’t been asked.
Same thing as FEMA – have you seen them in YOUR state, or neighborhood?
I didn’t think so.
U.S. Border Patrol, in conjunction with the Coast Guard… could’ve been swabbing nasal passages and mouths of every person crossing and along our nation’s borders, and coasts.
Nope.
Didn’t happen.
Same thing for our National Guard – EVERY SINGLE UNIT NATIONWIDE could’ve been Federalized and activated, and swabbing nasal passages and mouths of every person in every town across America. Manpower for the 50 states’ National Guard – Army and Air Force – stands at approximately 444,600.
They could’ve shipped out millions of testing kits, and hundreds of thousands of laboratory analysis machines to hospitals and clinics nationwide.
POTUS could’ve Federalized (mobilized/activated) the U.S. Public Health Service and the United States Public Health Service Commissioned Corps, and established a 50-State testing response, and contact tracing system.
Nope, didn’t happen.
“Anemic,” and “practically non-existent” is how I’d describe the FAILED Federal Response.
Numerous individuals have repeatedly asked the POTUS to invoke the National Emergency Powers Act, and he delayed response until March 13.
“The federal government is not supposed to be out there buying vast amounts of items and then shipping.
You know, we’re not a shipping clerk.”
Minneapolis Federal Reserve Bank President Neel Kashkari visits “Maria Bartiromo’s Wall Street” at Fox Business Network Studios on October 11, 2019. Kashkari is calling for a return to mandated lockdowns in every state for up to six weeks in an effort to save both lives and the economy in response to COVID-19. Roy Rochlin/Getty Images
Posted by Warm Southern Breeze on Thursday, August 6, 2020
“I just dropped in to see what condition my condition was in.”
– partial lyric from “Just Dropped In (To See What Condition My Condition Was In)” as popularized by Kenny Rogers and The First Edition, 1968
Some critics would point to the recent economic downturn caused by our nation’s inadequate response to the COVID-19 pandemic as proof positive that we should completely forego any attempts or efforts to control spread of the disease.
With cries of “I want my freedom!” and other similar remarks, of right-wing extremists, in conjunction with their attacks on states’ capitols (most notably in Wisconsin) with loaded assault rifles, and their attempts to disrupt the legislatures, are evidence, and proof positive that the “wrong wing” is purely misguided, and even
The American Industrial Production Index (IPI) “measures levels of production by the manufacturing sector, mining – including oil and gas field drilling services – and electrical and gas utilities. It also measures capacity, an estimate of the production levels that could be sustainably maintained; and capacity utilization, the ratio of actual output to capacity.”
The Federal Reserve Board (FRB) publishes the IPI in the middle of every month, and revisions to previous estimates are released at the end of every March.
In short, it is a head-on, unvarnished examination of the underlying ability of the industrial sector to meet the demands placed upon the economic infrastructure in order to continue and sustain economic growth.
If you’re really froggy, the Federal Reserve states this about the IPI, which they call the INPRO:
The Industrial Production Index (INDPRO) is an economic indicator that measures real output for all facilities located in the United States manufacturing, mining, and electric, and gas utilities (excluding those in U.S. territories).(1)
Since 1997, the Industrial Production Index has been determined from 312 individual series based on the 2007 North American Industrial Classification System (NAICS) codes. These individual series are classified in two ways (1) market groups and (2) industry groups. (1) The Board of Governors defines markets groups as products (aggregates of final products) and materials (inputs used in the manufacture of products). Consumer goods and business equipment can be examples of market groups. “Industry groups are defined as three digit NAICS industries and aggregates of these industries such as durable and nondurable manufacturing, mining, and utilities.”(1)(2)
The index is compiled on a monthly basis to bring attention to short- term changes in industrial production,. It measures movements in production output and highlights structural developments in the economy. (1) Growth in the production index from month to month is an indicator of growth in the industry.
For more information regarding the Industrial Production and Capacity Utilization index, see the explanatory notes issued by the Board of Governors.
References
(1) Board of Governors of the Federal Reserve System. “Industrial Production and Capacity Utilization.” Statistical release G.17; May 2013.
(1) For recent reports on market and industry groups, please visit the Board of Governors.
Now, if you’ve managed to slog through (or skip over) the preceding information, you’re in good shape to continue.
The American economy as demonstrated by the Industrial Production Index has NOT changed significantly since 1999.
Simply look at the “90” line along the vertical column, and follow it through to April 2020.
Because of President Pollyanna’s approach to governing, decline in the economy – which could have been prevented – the economy is essentially back to where it was in 1999.
Federal Reserve Economic Data, Industrial Production Index, January 1998-June 2020
Up, down, up, down… it’s like a roller coaster – until about 2015, when it hits a high in November 2014 of 106.6634, then “recovers” slightly to March 2016 at 101.4155, then increases again, until it peaks in December 2018 at 110.5516, then pegs along around 109/110, and then, in February 2020 at 109.3246, thereafter falls to 91.1991 in April 2020, where it begins to show some modest improvement through June to 97.4587.
As we all know, things don’t stay down, and once again, it’ll eventually return to elevated levels, but we don’t know exactly how long it’ll take.
Federal Reserve Economic Data, Real Disposable Personal Income (RDPI) 2010-June 2020 –– As shown here, the CARES Act provided a GENUINE and substantial economic stimulus, which is still ongoing.
And in an effort to stave off almost certain practical wholesale economic collapse, Congress passed, and the President signed into law, the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020.
As seen in the FRED graph (Federal Reserve Economic Data), even though Real Personal Disposable Income (RDPI) has declined somewhat since significant boost to a high in April, as of June, the effects of the CARES Act were still ongoing, and have not fallen below February, or March levels – which is a good sign. It means that the economic boost WORKED by placing money in the people’s hands.
“I like your spirit of being more upbeat, more optimistic so I will offer this: why can’t you go across the aisle and say, ‘Representative Lewis, civil rights legend, would have loved it if we could do something for the totally disenfranchised in this country. No matter what, can we give a huge chunk of money to the people who are disenfranchised, to minorities who want so badly to stay in business and can’t and to people who are trying to go to college or have student loans who are minorities who are the most affected because they had the least chance in our country?’ That’s got to be something both sides can agree to.”
In reply, Madam Speaker Pelosi said,
“Yeah. That’s the problem. See, the thing is, they don’t believe in governance. They don’t believe in governance, and that requires some acts of government to do that. But just what you described is what Mr. Schumer, Chuck Schumer, is proposing that we do with some of the resources in the bill. And that – you described Chuck Schumer’s proposal exactly, in addition to the Heroes Act.
If we’re talking about how much and how long and how targeted, if we’re going to juggle some of this money, let’s focus it where it’s going to do the most good. And basically, economists tell us, spend the money, invest the money for those who need it the most, because they will spend it. It will be a stimulus or at least a stabilization of – and that’s a good thing. Consumer confidence is a good thing for the economy. You know that better than anyone.
And one of the things we want to do just before we leave on this, what we’re trying to do to help hotels, which are big employers, restaurants, which are big employers and the rest, is to lower the threshold for how someone can qualify for a second loan. Republicans have it at 50 percent.
Nydia Velázquez, our Chairman, is urging a 30 percent threshold or 30 percent of revenues, of losses from the previous year. It was based on the previous quarter – the similar quarter of the former year. Now, we’re talking about the whole year, and 30 percent rather than 50 percent, which would make, I’m told by the hospitality industry, a big difference for them. Many jobs, many entry level jobs, many union jobs, many people of color jobs, and I would hope that they would consider that.
Jim Cramer: Okay. I’m so glad you mentioned Congresswoman Velázquez, who is my Congresswoman. I think she knows small business better than anyone. I also believe that Chairman Powell would agree with that.
Speaker Pelosi, thank you for coming on Squawk on the Street.
Speaker Pelosi: My pleasure. Thank you. Always a pleasure. Thank you.
Posted by Warm Southern Breeze on Wednesday, January 8, 2020
Ownership of these churches in the Archdiocese of Santa Fe was transferred to the parishes. As a result, the churches are excluded from the bankruptcy estate available to clergy abuse victims. [Photographer: William LeGoullon for Bloomberg Businessweek]
Tax churches because they’re businesses, plain and simple. The product or service they provide is religion and/or spirituality.
Bloomberg Business News published the findings of their most recent financial investigation, which showed that – as expected – like any nominally competent business organization, or conglomerated international corporation, the Catholic Church in the United States has moved to protect its assets from being considered part of any potential judgments/settlements arising from individual or Class Action lawsuits initiated by individuals (plaintiffs) who as children were abused by priests, and now are adults.
From a business perspective, one could think of it as the Church opposing members who may be potential or prospective “creditors” in any liability arising from sex abuse cases.
The Federal Government needs to RICO (Racketeer Influenced and Corrupt Organizations Act) them, because they’re clearly corrupt as evidenced by:
• Perpetrating, and perpetuating, sexual abuse, by;
• Deliberately hiding and shuffling perpetrator priests, and by;
• Deliberately shifting and hiding assets in response to lawsuits.
Catholic Church Shields $2 Billion in Assets to Limit Abuse Payouts
Posted by Warm Southern Breeze on Monday, August 12, 2019
It’s just fun.
Or money.
It’s the same thing, isn’t it?
Can you hear me now?
–//–
Verizon to Sell Tumblr to WordPress.com Owner
Carrier sheds blogging site for nominal amount as part of media unit revamp
Tumblr is a free service that hosts millions of blogs where users can upload photos, music and art, but it has been overshadowed by rival social-media sites.
By Sarah Krouse
Aug. 12, 2019 4:00 pm ET
Verizon Communications Inc. (stock symbol VZ) has agreed to sell its blogging website Tumblr to the owner of popular online-publishing tool WordPress.com, unloading for a nominal amount a site that once fetched a purchase price of more than $1 billion.
Automattic Inc. will buy Tumblr for an undisclosed sum and take on about 200 staffers, the companies said. Tumblr is a free service that hosts millions of blogs where users can upload photos, music and art, but it has been dwarfed by Facebook, Reddit and other services.
Verizon became Tumblr’s owner through the carrier’s 2017 acquisition of Yahoo (symbol AABA) as part of a bid to build a digital media and advertising business. The wireless carrier began seeking a buyer for Tumblr earlier this year, The Wall Street Journal reported.
It discussed a potential transaction with a handful of parties, people familiar with the matter said. The sale price isn’t material to Verizon, one of the people said.
Verizon is in the process of revamping its media group, which struggled to meet revenue targets in recent years. The business, home to legacy Yahoo and AOL web properties such as HuffPost, TechCrunch, feminist media brand Makers and celebrity-interview site Build, is increasingly focused on subscription and original content.
The Tumblr acquisition is the largest ever in terms of price and head count for Automattic, the company’s Chief Executive Matt Mullenweg said in an interview. The San Francisco company has a stable of brands focused on Read the rest of this entry »
Posted by Warm Southern Breeze on Tuesday, July 9, 2019
Ross Perot (1930-2019)
Ross Perot, the Texas billionaire who made his fortune in Information Technology/Computer Data Systems, twice ran for POTUS as an independent candidate, and prophetically warned about the “giant sucking sound” of American jobs moving to Mexico if NAFTA was ratified, has died, aged 89.
Perot was a graduate of the U.S. Naval Academy at Annapolis, which is also why, in part, he chose retired former Vice Admiral James Stockdale – an Annapolis graduate, living recipient of the Congressional Medal of Honor, and Read the rest of this entry »
Posted by Warm Southern Breeze on Sunday, February 10, 2019
Updated Saturday, 31 October 2020
Increasingly, there’s a political tie-in to almost every news story published these days. And frankly, I’d much rather write about other, more benign, or even pleasant topics. But, these matters affect us all, and our very lives and livelihoods are at stake. So, because these are pressing matters, I give heed to them, as I hope you do also.
Recently, NPR News published a story while our nation was in the throes of the “Polar Vortex,” which is the name now given to a severe “cold snap” which plunged much of the Midwest and East into literally Arctic temperatures. In fact, as we we’re told by numerous meteorologists and other weather / climate scientists and researchers, the Arctic was actually warmer than many places affected, most notably including Chicago, the Twin Cities (Minneapolis–Saint Paul), Iowa, Pennsylvania, and other states up through the area, with some locales suffering from temperatures which dipped down into the -23ºF range, or lower. Many Low Temperature records were surpassed, and when combined with Wind Chill Factors, temperatures feel like at least double that (-40ºF), and more.
A Minnesotan is extremely bundled up protecting every square inch of exposed skin while awaiting public transportation outdoors during extremely dangerous cold conditions which occurred during the 2019 Polar Vortex.
By all estimates, it was one of the most severe such events in recorded history, and was also the cause of numerous deaths of people of all ages and sexes (21 at last count, not all who were homeless), due of course, to cold temperature extremes. Homeless shelters throughout the affected areas were literally accepting anyone and everyone, and numerous other organizations and agencies created emergency shelters for others to avoid the deadly conditions. Area residents were severely warned to avoid going outdoors at all costs, simply because inadequate dressing, or any exposed skin would certainly suffer frostbite, or worse.
But there was another, largely overlooked problem which was only given cursory attention. And that was the effects and strains the severe climatic conditions placed upon infrastructure, which is often called economic infrastructure.
Essentially, infrastructure describes a nation’s internal facilities that enable business activity, which are fundamental requirements for economic development, which is vital to improvements in a country’s standard of living, and consists of facilities, activities and services that assist to increase overall economic productivity at a national level.
Infrastructure has two broad component parts: 1.) Social Infrastructure, consisting of basic services such as education, training, including health, sanitation, potable water supply, housing, sewerage, etc., while; 2.) Physical Infrastructure directly supports economic production, and consists primarily of supporting the production and distribution of products and services including agriculture, industry, and trade, supports, and directly increases productivity.
An example of Physical Infrastructure would be the production of hydroelectric dams by the Tennessee Valley Authority, creation of electrical power, communication, and natural gas delivery grids, roads, waterways, airports and railways for transportation, and potable water and waste treatment plants and their related delivery mechanisms and systems.
All those components must not only be created and developed, but they must be continually maintained, and improved as necessary, to continue to provide services vital to the economy. And it is maintenance which proves frequently to be the Read the rest of this entry »
Posted by Warm Southern Breeze on Tuesday, December 25, 2018
Of course, the Stock Market is NOT the economy, but for many, it’s the easiest touchstone to consider approximating the economy. And because most Americans are NOT heavily invested in Wall Street, its performance only nominally and indirectly affects them.
However, for those traders whose livelihood depends upon its gains or losses, such as corporate and investment banks, and brokerage houses, speculators, derivatives traders, hedge and other type funds, and the like, it doesn’t portend well.
And then, Steve Mnuchin, Secretary of the Treasury, while vacationing in Mexico, decided to call on Sunday the CEOs of 6 of the largest banks in America (Brian Moynihan of Bank of America; Michael Corbat of Citi; David Solomon of Goldman Sachs; Jamie Dimon of JP Morgan Chase; James Gorman of Morgan Stanley; and Tim Sloan of Wells Fargo), and then Twitterized it ex post facto. The media managers at Treasury decided to inform the public that… “The CEOs confirmed that they have ample liquidity available for lending to consumer, business markets, and all other market operations. He also confirmed that they have not experienced any clearance or margin issues, and that the markets continue to function properly.”
The Current White House Occupant is Mad at Mnuchin, and wants to fire Federal Reserve Chairman Jay Powell, ostensibly because Mnuchin told POS45 that Powell would be a good choice for Fed Chairman. That’s according to four anonymous people, who were described by Bloomberg News as being “four people familiar with the matter” and speak “on condition of anonymity.” Where I come from, and live, that’s called cowardice. It might be called something else in Trumpanzeeville.
Posted by Warm Southern Breeze on Monday, November 19, 2018
Almost everyone who has worked in sales has heard the mantras “the customer is always right,” and “the customer is your most important person.”
And as anyone who has worked in healthcare can attest, neither of those statements are true.
For example, consider the patient who, arriving at the ED (Emergency Department) said to the physician, “My doc says my sugar is high so he gave me this medicine for diabetes.”
Naturally, the physician asked, “Do you take it?”
The patient replied saying, “No, ’cause I don’t have diabetes, just high sugar.”
And then, another Physician who explained to the patient’s mother her child’s diagnosis and therapeutic interventions saying, “She has a concussion, she needs to rest in bed in a quiet dark room until she is better.”
The mother then asked, “Can she go to the fair?”
Conventional wisdom often monikered as “common sense,” sometimes follows the pithy axiom that “common sense isn’t so common anymore.”
For years, I’ve maintained that the customer is NOT “always right,” nor are they the “most important person” in any business.
Instead, the most important person in any business are the employees.
Some CEOs have gotten a bad rap, often justifiably, because while seeking to return corporate profit and shareholder return, they’ve cut resources and employees. Like the abusive Pharaoh of the Exodus account in the Old Testament, they demand to “make more bricks with less hay.” Of course, we know how that story ended – not well.
So naturally, it delighted me to read some time ago that Sir Richard Branson, a renown entrepreneur and philanthropist, has similarly long held that thought and said, Read the rest of this entry »
Posted by Warm Southern Breeze on Friday, September 14, 2018
With it’s new Watch Series 4, Apple Computer of Cupertino, CA has signaled its intent to capitalize upon integrating electronics, health informatics, and aging.
With one fell swoop, Apple has exemplified and cemented the “Help! I’ve fallen and I can’t get up!” era.
Long thought of as a popular cultural icon, the phrase “I’ve fallen and I can’t get up!” entered American vernacular in 1989 and quickly became a comedic touchstone which endures to this day.
The LifeCall company advertised their medical alarm product on television, which was shown being worn as a pendant or brooch (primarily marketed toward women), and which could be activated by pushing a single button on the device which in turn, called the firm’s 24-7/365 operators in the event of the wearer’s immobility… presuming, of course, that they were fully alert, and capable of pressing a button.
By October 1990, LifeCall had patented the phrase “I’ve fallen and I can’t get up!” and with various minor modifications, as time progressed, by 2007, the phrase had become their legally official trademark.
Posted by Warm Southern Breeze on Monday, October 23, 2017
In a recent exchange online dialogue with friends – some, whom to the casual observer would be diametrically opposed on many policy ideas – I was, once again, pleased to note that, despite the SEEMING APPEARANCE of differences, we share SIGNIFICANT common ground.
In fact, I have found that to be quite true with many, that when we move past the vitriolic venomous sport of castigating political candidates, and speak in respectful tones, patiently explaining the whys and wherefores of potential policy, we share many common bonds, and similar ideas.
Posted by Warm Southern Breeze on Monday, August 28, 2017
You gotta’ feel for the folks on the other end of the phone in corporate Customer Care / Customer Service for various companies. Sometimes, they catch Hell. Seriously, they do.
Folks may sometimes call up mad as a hornet, irritated – for whatever reason – and then proceed to “take it out” on whoever answers the phone.
It’s a DIFFICULT job, to be certain, but someone’s gotta’ do it.
So… hat’s OFF to those unsung heroes of business enterprise!
Now, let’s get real… real hard, and really real.
Most folks, I would presume, don’t walk around with a chip on their shoulder. They’re not constantly engaging or berating themselves with conflicting internal dialogue, or hearing voices in their head. In other words, not only are they sane, they’re moderately happy, satisfied with life, and things in general. While there are occasions in which they become dissatisfied, angry, or upset, those very same sane people communicate, and collaborate with others to make others aware of problems, so that solutions and corrections to them may be made.
Posted by Warm Southern Breeze on Sunday, June 25, 2017
Who doesn‘t like pizza?
Why, it’s practically unAmerican to not like pizza! Have you ever made your own pizza at home? Ever wanted to make a Deep Dish Pizza at home? Good news – you can! And I’ll share images and a recipe which will help get you started.
This may come as a complete surprise to some, but pizza is BIG BUSINESS in the United States.
Top 50 Pizza Chains’ Annual Sales by State (Click to enlarge)
And as Marketplace Host and Senior EditorKai Ryssdal says, “but first, let’s do the numbers…”
According to CHD Expert, a foodservice industry marketing trends & data organization, at the end of September 2016, there were 76,723 pizza restaurants in operation in the United States.
In their 2016 Pizza Consumer Trend Report, foodservice industry researcher Technomic found that 41% of consumers polled say they eat pizza once a week, a 55% increase from the 26% reported only 2 years ago.
And a 2016 Morgan Stanley report found that pizza delivery is a $30 billion industry, but could be be worth over $210 billion — which is the total amount Americans currently spent on off-premise dining. And of that $30 billion figure, over 1/3 – $11 billion – are delivery orders which are placed online, and nearly 2/3 of those online orders are… pizza.
So with impressive data like that, it should come as no surprise that a Harris Poll found that Americans’ No. 1 favorite comfort food is pizza, which also had twice as many votes as any other dish… including chocolate.
Now, for a recipe, and the how-to.
There are many seemingly innumerable styles of pizza, which vary with stuffed crusts, in shape, size, ingredients, and any other number of variations in pizza, and fortunately, this one will be simple enough to make at home.
We’re going to make the entire thing, including the crust.
Posted by Warm Southern Breeze on Monday, March 27, 2017
Donald V. Watkins is an American Attorney, Entrepreneur, and Banker.
Update: Saturday, 20 February 2021 NOTE: TO THE READER: As you read any story mentioning, involving or written by Donald V. Watkins, Sr., it must be borne in mind that he is now a Federal Convict, and along with his son, Donald V. Watkins, Jr., was found guilty of numerous charges. “Donald Watkins Sr. was convicted of seven counts of wire fraud, two counts of bank fraud and one count of conspiracy. Donald Watkins Jr. was convicted of one count of wire fraud and one count of conspiracy.” As of the date of this note, he is in Federal Custody at Oklahoma City Federal Transfer Center, an administrative security facility, having been relocated away from the minimum security Federal Prison Camp on Maxwell Air Force Base in Montgomery, Alabama.
Here also is the SUPERSEDING INDICTMENT dated December 2018 entitled as:
IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ALABAMA SOUTHERN DIVISION, UNITED STATES OF AMERICA v. DONALD V. WATKINS, SR. and DONALD V. WATKINS, JR. – 2:18-cr-166-KOB-TMP https://www.justice.gov/opa/press-release/file/1116081/download
Donald V. Watkins is an American Attorney, Entrepreneur and Banker.
–––//–––
March 26, 2017
Open Letter to President Donald J. Trump
Dear President Trump,
I am a longtime political independent who cherishes America’s form of participatory democracy. Even though my ancestors were slaves who worked on plantations in Mississippi, my parents, siblings and other relatives finally got a chance to vote after Congress enacted the Voting Rights Act in 1965 and President Lyndon Johnson signed it. I have even held elective office within this democracy.
I believed in America when I could not drink from public water fountains or use bathrooms that were reserved for “Whites Only”. I did not sit in an integrated classroom until I entered college at Southern Illinois University in 1966. I attended law school at the University of Alabama from 1970 to 1973 on a desegregation scholarship awarded to me by the national office of the NAACP. I arrived on campus a full year before any black athlete played on a sports team at the University.
Donald Trump, 45th United States President, official portrait
When I started practicing law in 1973, a few diehard segregationists in Alabama’s court system openly referred to me as the “nigger lawyer from Montgomery” during official court proceedings. I was not addressed as “Attorney Watkins” or “Mr. Watkins” in these courtrooms until sometime in 1976. A few judges just barked out instruction to me without ever looking me in the eyes or addressing me as a human being.
I got through all of these degrading experiences by focusing on the American flag in each courtroom I entered. To me, Read the rest of this entry »
Posted by Warm Southern Breeze on Monday, March 6, 2017
Imagine, or pretend for a moment that you were President of the United States.
You would be literally be “the boss of” and have access to a vast trove of over 14 different American Intelligence & National Security agencies.
If so desired, you could watch video of the raid on Osama bin Laden’s compound in Abbottabad, Pakistan, see photographs of his corpse and burial at sea, and examine the report made of his DNA following his death and capture. By virtue of the Office of the President, there would be virtually nothing to which you would not entitled to know, or view in the agencies of the United States government. You would be able to see the code-named TOP SECRETS of our government. You would have full and unfettered access to the highest levels of secret information… including Nuclear Access Codes.
The Departments of Defense, Homeland Security, Energy, State, and Justice, along with all their myriad divisions and offices – ALL Executive level agencies – which includes the FBI, US Marshals Service, Secret Service, DEA, ATF, Coast Guard, and more – would ALL be under your ultimate control, and you would be their Boss.
The CIA is an independent agency.
Because the FBI and the NSA are Executive level offices/agencies, it is NOT a stretch to imagine that the President ~COULD~ Read the rest of this entry »
Posted by Warm Southern Breeze on Monday, February 6, 2017
I am a FIRM PROPONENT of ENTREPRENEURSHIP, FREE ENTERPRISE, and FAIR COMPETITION.
For that reason, and others, I have NOT purchased an AB-InBev product in quite some time, not only because of the inferior quality of their products, but because it is a greedy, global, monolithic oligopolic (virtually monopoly) enterprise.
It is NOT an American company, and ceased being an American company when it SOLD OUT to the Belgian brewing company InBev for around $52 billion in 2008. From then, the company was named AB-InBev.
Posted by Warm Southern Breeze on Monday, February 6, 2017
Nick Hanauer, a multi-billionaire about whom few have likely heard, authored a highly publicized article not too long ago warning about wealth inequity. Increasingly, the wealthy are realizing that a strategy of cutting taxes upon the wealthy and their corporations is not a recipe for American success, precisely for the reason that it adversely affects economic infrastructure, and jobs, among other damages.
However, one needn’t be wealthy to realize and understand that money, and the unreasonable desire for it known as avarice (an extreme form of greed), and the unwieldy power that accompanies it, are corrupting influences in any nation, and particularly in our United States because of SCOTUS ruling in the 2010 Citizens United v Federal Election Commission decision which Read the rest of this entry »
Posted by Warm Southern Breeze on Monday, December 19, 2016
Update: Saturday, 20 February 2021 NOTE: TO THE READER: As you read any story mentioning, involving or written by Donald V. Watkins, Sr., it must be borne in mind that he is now a Federal Convict, and along with his son, Donald V. Watkins, Jr., was found guilty of numerous charges. “Donald Watkins Sr. was convicted of seven counts of wire fraud, two counts of bank fraud and one count of conspiracy. Donald Watkins Jr. was convicted of one count of wire fraud and one count of conspiracy.” As of the date of this note, he is in Federal Custody at Oklahoma City Federal Transfer Center, an administrative security facility, having been relocated away from the minimum security Federal Prison Camp on Maxwell Air Force Base in Montgomery, Alabama.
Here also is the SUPERSEDING INDICTMENT dated December 2018 entitled as:
IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ALABAMA SOUTHERN DIVISION, UNITED STATES OF AMERICA v. DONALD V. WATKINS, SR. and DONALD V. WATKINS, JR. – 2:18-cr-166-KOB-TMP https://www.justice.gov/opa/press-release/file/1116081/download
On Thursday, I tried a case for a close friend on mine in the Jefferson County, Alabama District Court in Bessemer, Alabama. My friend is a hard working Bessemer resident and family man whose world was turned upside down when Citibank sold his credit card account to San Diego-based junk debt buyer, Midland Funding, LLC. He is one of millions of bank credit card customers each year whose accounts are bundled in loan pools and then sold to junk debt buyers without the customer’s knowledge.
Midland Funding is one of several mega junk debt buyers in America. This group of financial sharks buys unsecured bank debt for pennies on a dollar and then strong arms debtors who miss one or more of their monthly payments. Midland is part of a multi-billion industry of shady financial predators.
In my friend’s case, Citibank sold his account to Midland Funding. The balance on the account was $6,800. My friend paid his credit card monthly on a regular basis, but had an unexpected hiccup in his monthly cash flow a couple of years after he opened the account. As a result he failed to make a couple of his payments on time. When this occurred Citibank sold my friend’s account to Midland, and Midland eventually sued my friend. This is how my friend became my client.
Remember, Citibank had a similar hiccup during the Great Recession of 2008. The bank requested and received a total of $181.6 billion in federal bailout assistance to keep from collapsing. In fact, Citibank led the banking industry’s “welfare queens” by receiving more financial bailout assistance than any big bank in the U.S.
Citibank’s “Thank You” to the taxpayers like my client, whose tax dollars made the financial bailout possible for these big banks, was the low-down act of selling his credit card account to a shark like Midland Funding. The big banks were quick to take taxpayer-sponsored financial assistance, but slow to give taxpayers similar financial assistance in return.
Posted by Warm Southern Breeze on Tuesday, December 6, 2016
Fact is, “ObamaCare” – which is properly known as the Patient Protection and Affordable Care Act, or ACA for short – though it’s monikered with POTUS Obama’s name, was largely a Republican brainchild from the über-conservative Heritage Institution.
Posted by Warm Southern Breeze on Monday, October 31, 2016
Some have accurately, and justifiably observed that the Affordable Care Act, also colloquially known as “ObamaCare,” is a big fat, sloppy wet kiss to the Big Insurance industry and their for-profit, Wall $treet corporate masters, because their profits have continued to soar since it’s inception. Note that UnitedHealth Group reported a profit of $11 billion (on revenues of more than $157 billion) in 2015, up from $10.3 billion (on revenues of $131 billion) in 2014. Consider also how Anthem’s business changed in just one recent year. At the end of 2014, the majority of Anthem’s revenues still came from its Commercial Health Insurance customers. During 2015, however, revenues from their commercial operations actually declined 4.2%, to $37.6 billion, while revenues from their government operations skyrocketed 21%, to $40.1 billion. A significant reason why, is because of the big investments Insurance Companies continue to make in House and Senate campaigns. As a result, the Insurance Industry’s tentacles will likely only get deeper into both the Medicare and Medicaid programs.
Medical equipment is pictured on the wall of an examination room inside a Kaiser Permanente health clinic located inside a Target retail department store in San Diego, California November 17, 2014. Four clinics are scheduled to open to provide pediatric and adolescent care, well-woman care, family planning, and management of chronic conditions like diabetes and high blood pressure for Kaiser members and non-members. REUTERS/Mike Blake (UNITED STATES – Tags: HEALTH BUSINESS SOCIETY) Fair Use
It’s that time of year again. Insurance companies that participate in the Affordable Care Act’s state health exchanges are signaling that prices will risedramatically this fall.
And if insurance costs aren’t enough of a crisis, researchers are highlighting deficiencies in health care quality, such as unnecessary tests and procedures that cause patient harm, medical errors bred by disjointed or fragmented care and disparities in service distribution.
While critics emphasize the ACA’s shortcomings, cost and quality issues have long plagued the U.S. health care system. As my research demonstrates, we have these problems because insurance companies are at the center of the system, where they both finance and manage medical care.
If this system is so flawed, how did we get stuck with it in the first place?
Posted by Warm Southern Breeze on Thursday, May 26, 2016
The Mosaic Scriptural principle (which is also referenced in the New Testament) that “you should not muzzle the ox that treads out the grain” is certainly a principle with and by which we should compensate people for their labor. However, there is little disagreement that the committees that set the rewards far too often overcompensate those whom are charged with organizational oversight.
There is something to be said for fair and just compensation according to the terms of a contract, and the wishes and desires of those whom issue them.
Posted by Warm Southern Breeze on Thursday, January 14, 2016
Soon, the Alabama state legislature will reconvene, and soon enough, they will – once again – be faced with enormous fiscal shortfalls.
And, once again as well, the Republican super-dominated Alabama state legislature will be reticent, reluctant, and recalcitrant to raise taxes… except upon those least capable of paying them. I refer, of course, to the impoverished, which – according to the United States Census Bureau – comprise nearly 20% of Alabama’s population. And with a population estimated at 4,849,377, that’s 901, 984 people, who annually, according to the research, Read the rest of this entry »
Posted by Warm Southern Breeze on Tuesday, November 10, 2015
Having made no bones about it, I remain searingly and scathingly critical of Alabama Governor Robert Julian Bentley, a retired physician-turned-Republican legislator from Tuscaloosa, who is twice elected governor – in 2010, and in 2014.
While I wished him well after his initial victory in the governor’s race against his Democratic opponent then-Secretary of Agriculture and Industries, Ron Sparks, he has disappointed the state since Inauguration Day 2011 when he put his foot in his mouth at Dexter Avenue King Memorial Baptist Church, Montgomery, where on Martin Luther King Day, Monday, January 17, 2011 – mere hours after taking the oath of office and inauguration – he said in part, “There may be some people here today who do not have living within them the Holy Spirit. But if you have been adopted in God’s family like I have, and like you have if you’re a Christian and if you’re saved, and the Holy Spirit lives within you just like the Holy Spirit lives within me, then you know what that makes? It makes you and me brothers. And it makes you and me brother and sister. Now I will have to say that, if we don’t have the same daddy, we’re not brothers and sisters. So anybody here today who has not accepted Jesus Christ as their savior, I’m telling you, you’re not my brother and you’re not my sister, and I want to be your brother.”
It was at that point that Rebekah Caldwell Mason became his Communication Director, and later, Senior Political Advisor-cum-paramour.
More to the point, however, I have maintained that among other things, as an elected official, he has been feckless, and clueless.
But, let’s let him speak for himself.
Here’s in part what Governor Bentley said in a speech to a statewide gathering of city officials in Montgomery, May 2013, “You know where I came up with that idea? Ron Sparks.Read the rest of this entry »
Posted by Warm Southern Breeze on Sunday, July 12, 2015
A dear friend who is a long-time retiree, aged 78 years, entire subsistence is from a meager pension (earned from a lifetime of work in a unionized organization), supplemented with a paltry Social Security check.
She’s lived through breast cancer surgery (mastectomy) & reconstruction, other major surgeries (knee replacements) and procedures, and lives in a trailer which she owns, situated upon a lot which she rents. She has resided there many, many years.
Every time you check your Gmail, search on Google for a nearby restaurant, or watch a YouTube video, a server whirs to life in one of our data centers. Data centers are the engines of the Internet, bringing the power of the web to millions of people around the world. And as millions more people come online, our data centers are growing, too.
This time, we’re doing something we’ve never done before: we’ll be building on the grounds of the Widows Creek coal power plant in Jackson County, which has been scheduled for shutdown. Data centers need a lot of infrastructure to run 24/7, and there’s a lot of potential in redeveloping large industrial sites like former coal power plants. Decades of investment shouldn’t go to waste just because a site has closed; we can repurpose existing electric and other infrastructure to make sure our data centers are reliably serving our users around the world.
TVA Widow’s Creek fossil plant will be the site for Google’s 14th, and newest Data Center, and represents a $600,000,000 investment in Alabama.
At Widows Creek, we can use the plants’ many electric transmission lines to bring in lots of renewable energy to power our new data center. Thanks to an arrangement with Tennessee Valley Authority, our electric utility, we’ll be able to scout new renewable energy projects and work with TVA to bring the power onto their electrical grid. Ultimately, this contributes to our goal of being powered by 100% renewable energy.
Posted by Warm Southern Breeze on Monday, April 27, 2015
How accurate, or true are Right Wing memes?
Regardless of one’s political beliefs, party affiliation, or ideological inclination, it’s always good to consider the truth of statements in memes that – like flotsam and jetsam – are dispersed throughout the Internet… particularly upon Social Media sites such as FaceBook, and Twitter. And unfortunately, in many cases, they are the veritable garbage, the effluent detritus of communication.
So… let’s examine some of the argument in the meme seen here, and see if it still holds water.
Government has necessary services, and provides the same.
Consider road construction as one example.
To create & build roads (which themselves increase opportunity) government must purchase things – raw materials, and manpower, among them.
Now… exactly where is any “government factory” for that, eh?
That’s correct – there is NONE.
EVERYTHING “we the people” by and through our government – at ALL LEVELS, Federal, State, and Local – purchase comes from the Private Sector!
Posted by Warm Southern Breeze on Wednesday, April 8, 2015
A bill by State Senator Arthur Orr (R-Decatur) to privatize the Alcoholic Beverage Control Board has died in the Senate Finance and Taxation General Fund Committee by a 7-6 vote along party lines, with one Republican voting ‘NO.’ The vote received applause from attendees.
A substitution bill presented by Orr would’ve changed the suspension penalty for Selling to Minors from one year to one week, and increased taxes, was also adopted along party line vote.
Orr said earlier that, “Part of our job is to downsize government,” and demanded a committee vote be taken on his bill today.
Alcoholic Beverage Control Board Administrator Mac Gipson testified that employees are paid from mark-ups from sales in the state’s 176 ABC stores. He also noted that by comparison, there are 587 private package stores in the state.
Posted by Warm Southern Breeze on Friday, February 13, 2015
TVA Announces 80 MegaWatt Solar Farm in Lauderdale County Alabama
At their quarterly board meeting, the Board of Directors for the Tennessee Valley Authority moved Thursday, February 12, 2015, to adopt resolutions which would allow TVA President and CEO Bill Johnson to:
Establish a 20-year Power Purchase Agreement (PPA) with NextEra for electricity from its planned 80MW solar farm in Lauderdale County, AL. The installation would be significantly larger than any existing solar facility in the Tennessee Valley.
and
Acquire for $340 Million Quantum Utility Generation’s Choctaw combined cycle Natural Gas (NatGas) plant near Ackerman, MS. TVA has been buying power from the 760MW plant since 2008. This would be TVA’s sixth combined cycle plant, with two more under construction, all since 2007.
Confidential terms of the agreements were not released.
Concerning the NatGas plant, Mr. Johnson said, “We can purchase the gas plant for substantially less than it would cost to build one, and the solar power is at a price competitive with other energy sources.”
The board unanimously approved the purchase of Quantum Utility Generation’s 760MW Choctaw combined-cycle power plant near Ackerman, MS, for about $340mn, or $447/kW, half the cost to build a new gas plant, according TVA Chief Operating Officer Charles Pardee.
TVA has bought most of the output of the Choctaw gas plant since 2008. If the deal closes, Choctaw will be the sixth combined-cycle gas plant TVA has purchased or built since 2007. Two more combined cycle plants are under construction.
Posted by Warm Southern Breeze on Wednesday, January 28, 2015
Picture #1:
It’s fairly explanatory. American corporations are making profits hand over fist. They’re making more profit now, than before the “Great Recession.” In fact, they’re making more than DOUBLE from their lowest during that time.
Posted by Warm Southern Breeze on Friday, December 19, 2014
McD’s began rationing French Fries Wednesday morning, December 17, at it’s 3100 Japanese locations as an emergency airlift of 1,000 tons of spuds and an extra shipment by sea from the U.S. East Coast set sail.
The highly processed frozen spuds are deep-fryer ready, and a leading U.S. export. Folks in the Land of The Rising Sun love their French Fried spuds, and eat more than 300k tons of the imported American tuber annually, according to USDA figures. Of particular note, most of Japan’s locally grown potatoes are eaten fresh.
McD’s continually denies any responsibility, role or contribution to increased obesity, either in America, or abroad where they conduct business. But increased rates of Japanese obesity, diabetes, and metabolic syndrome, suggest not conspiracy, but wanton disregard for, if not flagrant violation of, Japan’s Ministry of Health 2008 ‘Metabo Law’ that requires men to maintain a waist line less than 33.5 inches and women less than 35.4 inches.
A McDonald’s in Japan
The American Fast Food Industry was introduced to Japan in the 1970’s, and since then, consumption of rice in the daily Japanese diet has decreased and been replaced by bread, meat, dairy products, hamburgers, French fries, milkshakes and doughnuts.
Similarly to America, one of the time-honored Family Values of enjoying freshly prepared food at home has declined, and consumption of Industrially Prepared Food, and use of video games has risen.
Even though the Japanese diet still includes much more fish having omega-3 fatty acids, the adoption of a more ‘Western Diet’ is causing health problems. O3FAs are thought to protect against heart disease, and on average, the Japanese eat much less food high in saturated fat than Americans.
The Japanese government has quickly acknowledged the damaging health effects of Industrialized Food Production, which is known as the Standard American Diet, and has moved to disincentivize their citizens from becoming obese like Americans.
Japanese people have historically enjoyed a high life expectancy, very nearly 80 years, although in recent years, their increase in longevity has slowed to 1.2%. The Japanese health care system provides Universal Coverage primarily through local government or employer insurance, and the system is foreseeing dire financial trouble because chronic diseases like diabetes, cardiovascular disease, obesity, high blood pressure, high glucose levels and cholesterol will significantly burden the system.
As the Japanese population ages and their health begins to deteriorate, the workforce will not be large enough to cover those health costs. The government sees an opportunity to cut costs by lowering rising obesity.
Since implementation of a law began July 1, 2014, the Tennessee Department of Human Services found only 65 out of 39,121 people who applied for a cash assistance program known as “Families First in Tennessee,” tested positive for illegal substances, or medicines for which they had no prescription.
That’s less than 1% of all applicants who tested positive.
That information was provided provided to The Tennessean by the Tennessee DHR.
An extra 116 refused to participate in an initial drug screening questionnaire, which automatically disqualified them for benefits.
The average monthly benefit of the cash assistance program was $165 per month in December – or $1,980 per year. If they otherwise would have qualified to have received assistance, the total value of the benefit to the 116 people who refused to take the test would have been $230,000 annually – if they had otherwise qualified for benefits.
Since the law began, 609 people have been asked to take a drug test: 544 tested negative, and 65 tested positive. Of those who tested positive, 40 were referred for substance abuse evaluation, and 13 enrolled in a drug treatment facility or recovery support group as a condition of receiving benefits.
The total cost to Tennessee taxpayers so far has been $23,592.
—
There’s a meme which circulates on FaceBook and presumably, in other places as well, which appears similarly as this:
Drug Test Public Assistance Recipients Meme
Honestly, the idea is a failure.
But you’d rarely – if ever – hear about it’s failures.
Florida was the first state to tread that path. What they learned was surprising. And then, the law was struck down by a Federal court. The states that embark upon Florida’s path will be wa$ting their citizen$ taxe$.
Only 2.6% of Florida applicants failed the drug test.
“Because the Florida law requires that applicants who pass the test be reimbursed for the cost, an average of $30, the cost to the state was $118,140. This is more than would have been paid out in benefits to the people who failed the test. As a result, the testing cost the government an extra $45,780.”
The purported savings in Florida’s program will be negligible after administrative costs and reimbursements for the drug tests are taken into account.
Posted by Warm Southern Breeze on Saturday, June 28, 2014
“How much is enough?” is a qood question to ask many folks, especially some among the Wall $treet crowd.
And to be certain, the two principles of “the worker is worthy of their hire,” and “You must not muzzle an ox to keep it from eating as it treads out the grain” are equally compelling ethics.
As those two ethics concern our nation’s economy, we can point to times in history where various nations suffered revolution, and the most common causes of revolution.
Just remember this: Food, Clothing, Shelter. If you can’t get them with what you have, you’ll fight, kill, go to war, or civil insurrection, to obtain the basic necessities of life.
Memo: From Nick Hanauer
To: My Fellow Zillionaires
You probably don’t know me, but like you I am one of those .01%ers, a proud and unapologetic capitalist. I have founded, co-founded and funded more than 30 companies across a range of industries—from itsy-bitsy ones like the night club I started in my 20s to giant ones like Amazon.com, for which I was the first nonfamily investor. Then I founded aQuantive, an Internet advertising company that was sold to Microsoft in 2007 for $6.4 billion. In cash. My friends and I own a bank. I tell you all this to demonstrate that in many ways I’m no different from you. Like you, I have a broad perspective on business and capitalism. And also like you, I have been rewarded obscenely for my success, with a life that the other 99.99 percent of Americans can’t even imagine. Multiple homes, my own plane, etc., etc. You know what I’m talking about. In 1992, I was selling pillows made by my family’s business, Pacific Coast Feather Co., to retail stores across the country, and the Internet was a clunky novelty to which one hooked up with a loud squawk at 300 baud. But I saw pretty quickly, even back then, that many of my customers, the big department store chains, were already doomed. I knew that as soon as the Internet became fast and trustworthy enough—and that time wasn’t far off—people were going to shop online like crazy. Goodbye, Caldor. And Filene’s. And Borders. And on and on.
Nick Hanauer With over 30 years of experience across a broad range of industries including manufacturing, retailing, e-commerce, digital media and advertising, software, aerospace, health care, and finance. Hanauer’s experience and perspective have produced an unusual record of serial successes. Hanauer has managed, founded or financed over 30 companies, creating aggregate market value of tens of billions of dollars. Some notable companies Include Amazon.com, Aquantive Inc., (purchased by Microsoft in 2007 for $6.4 billion), Insitu group (purchased by Boeing for $400 million), Market Leader (purchased by Trulia in 2013 for $350 million). Some other companies include Marchex, Newsvine, Qliance, Seattle Bank and Pacific Coast Feather Company. – Photo by Robbie McClaran
Realizing that, seeing over the horizon a little faster than the next guy, was the strategic part of my success. The lucky part was that I had two friends, both immensely talented, who also saw a lot of potential in the web. One was a guy you’ve probably never heard of named Jeff Tauber, and the other was a fellow named Jeff Bezos. I was so excited by the potential of the web that I told both Jeffs that I wanted to invest in whatever they launched, big time. It just happened that the second Jeff—Bezos—called me back first to take up my investment offer. So I helped underwrite his tiny start-up bookseller. The other Jeff started a web department store called Cybershop, but at a time when trust in Internet sales was still low, it was too early for his high-end online idea; people just weren’t yet ready to buy expensive goods without personally checking them out (unlike a basic commodity like books, which don’t vary in quality—Bezos’ great insight). Cybershop didn’t make it, just another dot-com bust. Amazon did somewhat better. Now I own a very large yacht.
But let’s speak frankly to each other. I’m not the smartest guy you’ve ever met, or the hardest-working. I was a mediocre student. I’m not technical at all—I can’t write a word of code. What sets me apart, I think, is a tolerance for risk and an intuition about what will happen in the future. Seeing where things are headed is the essence of entrepreneurship. And what do I see in our future now?
“On the other hand, in stark contrast, love covers a multitude of sins.
“Love your enemies. Pray for those who persecute you. Do good to those who hate you. Let the light of your good deeds shine so brightly so that many others can see it, who will then give praise to your Heavenly Father because of them.
Lately, much has been made of raising the Minimum Wage, which does nothing more than establish a minimum standard.
But who cares about minimums?
We should strive to exceed!
Some well-known, publicly-traded, highly profitable firms, however, revel in greed, and wallow in the slop, when they can do far better for the employees who operate their businesses.
The question is often asked “why pay unskilled workers $10 or even more per hour?”
It’s a valid question, and deserves a genuinely thoughtful response.
For instance, shopping. If Walmart doesn’t have it, the nearest outlet is at least two hours away. Now, a Swiss investment firm has announced plans to Read the rest of this entry »
Posted by Warm Southern Breeze on Friday, June 20, 2014
If you’re a beer drinker, if you enjoy quaffing the suds, a cold one after work, or on a summer day, you may be interested to know that Anheuser-Busch (now Anheuser-Busch InBev), Molson, Coors (now MolsonCoors), Miller (now SABMiller) are NOT American-owned companies.
That’s right.
They’re foreign-owned, multinational corporations – every one.
The Craft Brew Beer industry in America is the antithesis of Big Beer, which in large part, developed as a result of consistently poor quality products made by Big Beer, and their inattention to customers. The emergence of me-too wanna’ be ‘craft brewed beers’ made by Big Beer is a sure sign that they’ve noticed what’s happening – a reduction in beer consumption, i.e., their sales.
Those sales have gone to micro & craft brewed beer, and their American-made, locally-sourced mom & pop competitors.
PORTLAND, Ore. (TheStreet) — Small craft brewers and the craft divisions of huge international breweries can talk about wheat beers, shandies and even IPA all they’d like: This is still lager country.
Despite recent gains by craft beer and recent shifts by Anheuser-Busch InBev, MolsonCoors and SABMiller toward brands including Blue Moon, Shock Top, Goose Island and Leinenkugel’s, the overwhelming majority of beer sold in this country is lager or some derivative thereof. It’s been so relentless and pervasive that even hard-line craft beer advocates have begun embracing it in its light, familiar form.
Consider that MolsonCoors/SABMiller’s MillerCoors and Anheuser-Busch InBev still sell about 74% of the beer this nation drinks. Consider further that Corona and Heineken make up roughly another 10% of that market. Throw Pabst, Modelo and newly “craft” brewer Yuengling into the equation and 18 of the 20 best-selling beers in the U.S. are some form of either lager or pilsner.
You can argue that most are losing sales — and many including Budweiser, Bud Light, Miller Lite and Busch are. But import brands including Heinkeken, Corona and Modelo saw sales rise even during the recession. The same holds true for Coors Light, Pabst Blue Ribbon and Yuengling, with each posting double-digit percentage point gains in 2012 alone, according to Beer Marketer’s Insights.
The problem isn’t lager, but the overall beer market. The Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau reported a 1.5% decrease in overall beer sales and a 2.6-million barrel loss in beer production. That’s basically akin to shutting down Boston Beer’s Samuel Adams brand (which produced 2.7 million barrels in 2012) for an entire year. Beer consumption overall has fallen in four of the past five years, with many of the slumping mainstream brands responsible for the damage. That has reduced reduced beer’s share of the overall alcohol market from 55% in 2000 to 49% in 2012. Meanwhile, craft beer volume increased by an estimated 15% last year, with imports putting up roughly 5% growth.
That brief poem, or epigram, by Edwin Markham summarizes succinctly the idea upon which I will expound in this entry.
In the past several days, it came to light that a Shoals area Alabama entrepreneur, Garrett Shirey – who, with his brothers Reese & Austin, are founders and co-owners of Shirey Ice Cream in the northwest Alabama town of Florence, population 39,447 – had Tweeted at least two uncharacteristic and very unbecoming messages. The specific dates and times they were made, and the content can be seen in the screen shot images of the Tweets, both which appear later in this entry.
THIS! is honest-to-goodness COUNTRY🥓BACON!!😋
![[Tokelahoma] lead image](https://static.politico.com/dims4/default/676933e/2147483647/resize/1160x%3E/quality/90/?url=https%3A%2F%2Fstatic.politico.com%2F2f%2Fd6%2F8a1ac0c5448294d73e67664f69d7%2Fsectionbreak6-new.jpg "[Tokelahoma] lead image")
Of course, the Stock Market is NOT the economy, but for many, it’s the easiest touchstone to consider approximating the economy. And because most Americans are NOT heavily invested in Wall Street, its performance only nominally and indirectly affects them.
Warm Southern Breeze 