Motif For The U.S. Economy

This seems like it could be a major theme of the U.S. economy.ย 

“Buy Now, Pay Later!”

And then…

“Foreclosure”

You can’t borrow infinitely.

It eventually has to be repaid. 

Where will the money come from?  

Print more.

Worth less!  ๐Ÿ˜‰

(Credit Photo: Andy Blumenthal)

Going In Circles

One administration comes and another goes. 

The new executive orders and legislations reverse the old ones. 

– Keystone Pipeline

– Travel Ban from potential Terrorist Countries

– Paris Climate Accord

– Membership in World Health Organization

– Deregulation 

– Taxes

As a country, we are (borderline) bipolar!

And like a pendulum, we swing back and forth getting nowhere and driving the rest of the world crazy.

Can’t we actually move forward without the perennial one step forward, one step back nauseating dance we keep doing. 

Russia, China, North Korea, and Iran are moving forward and they are not waiting for us to figure out what we actually want and get our national act together to move decisively and definitively forward.  ๐Ÿ˜‰

(Source Photo: Andy Blumenthal)

Privacy Is Dead

I though this was a fascinating ad for the International Association of Privacy Professionals (IAPP).

The little girl hanging onto to the UAV drone.  

Reminds me of the wonderful classic film,ย The Red Balloon,ย where after the balloon follows the little boy everywhere, in the end, off he flews with it into the wild blue yonder.ย 

As much as we all wish privacy wasn’t dead, for the most part, it really is!

Between ubiquitous and persistent satellites, drones, and video cameras, audio and video surveillance, call intercepts and eavesdropping, computer monitoring tools, smartphone location tracking, facial recognition, body implants, and more, let’s just say you are never truly alone. 

For those who continue to dream the impossible dream of privacy, it is a noble endeavor but quite fruitless without either going deep underground or significant legislative and policy changes that can actually be enforced. 

My grandmother used to say that G-d sees everything and she was right. 

These days, others are watching as well!  ๐Ÿ˜‰

Destruction Site

If there’s a construction site, then there can certainly be a destruction site.ย 

Most of the time, it seems like more destruction than construction really going on. 

It’s amazing how a construction job on one corner can take more than a whole year, when they built the entire U.S. highway system in not such a long time. 

Now-a-days, money just goes down the sinkhole with the littlest jobs taking seemingly forever and the costs spiraling out of control.ย 

Hello, is anyone out there managing this stuff?  

Oh right, it’s all funny money anyway.  

Let’s just keep printing some more.ย ๐Ÿ˜‰

(Credit Photo: Andy Blumenthal)

Vaccine: Too Little Too Late

So just about everyone I know now has Covid going all around them.ย 

Heard from 2  people in the last 2 days, and yet a 3rd person that died miserably from it this past week. 

Aside from almost 120,000 currently hospitalized, including 20,000 in the ICU, this thing is spinning rapidly out of control!

I am now convinced that by the time they get the vaccine out (and it’s going awfully slowly so far), it will be too little too late and almost everyone will already have had Covid.ย 

Incredible how many billions of dollars have been spent on the vaccine research, manufacturing, and now on the distribution, and frankly it will have been another great big wasted boondoggle.

Vaccinate away…despite the valiant efforts by many, it’s basically a throwaway for this round of the virus, and it all points to our woeful state of unpreparedness to begin with! ๐Ÿ˜‰

(Credit Photo: Pixabay)

What A Dumb Education System

School is supposed to help teach our children. 

Unfortunately, the education system here starts out dumb from the get-go!

As the WSJ today reports, $400 billion out of a $1.4 trillion educational loan portfolio is likely uncollectible.ย ย 

That’s almost 30% bad debt!

But what is unforgivable is that they system is geared towards crappy lending practices. 

As per a former head of the Congressional Budget Office (CBO):

“We make no attempt to evaluate the quality of the borrower, the ability to repay, the effectiveness of the loans…[so] the taxpayer ends up picking up the tab.”

Is that fair to all the responsible students and families that pay for their education and repay their student loans?

This systems is so broken, and on top of it yet we want to forgive more student debt all together and teach our children to be deadbeats!

It seems like this education system can’t teach anything of value except how to play an already broken system!  ๐Ÿ˜‰

(Credit Photo: Andy Blumenthal)