From Trump’s published historical business record, it’s hard to determine his
actual knowledge in that regard. That’s because, after getting his start from
inherited wealth, primarily real estate holdings, a significant number of
failures and bankruptcies have occurred in enterprises owned or controlled by
him. Therefore, his capabilities are certainly questionable, to say the least.
And, with no hard evidence, such as tax returns, to help clarify his proclaimed
worth, there’s really no firm basis to establish his financial status at
all.
However, if he truly is an adept businessperson as he claims, in the last
couple of days in particular, Bernie Sanders and Bill Clinton’s wife, through
their own total lack of business acumen, have given Trump the opportunity to
illustrate their incapability to understand how the nation’s economy actually
functions. And since the economy is the major problem facing the nation at
present, neither Democrat is fit to serve as POTUS. Giving Trump a huge
advantage going forward.
The rationale can be best explained by referring back to a personal example,
where a highly successful manager explained how to maximize commission
income.The first thing one should do, he said, is read, understand and analyze
the sales compensation plan. Because, within the plan, management is telling you
what they deem most important to accomplish by commission percentages paid for various types of transactions. And therefore, it’s those things
that yield the highest commission rate that should be stressed to prospective customers. Because, not only will sales
compensation be greater, but management support in completing those transactions
will be maximized as well, making them win/win situations.
Now, taking that rationale and applying it to Trump, when Bill’s wife accused
him of “having cheered on the 2008 housing market crash,” she gave no quarter to
the fact that he was a businessman at the time who’s primary objective was doing
what was best for his own operation. Which means that he was entirely correct
when he said back then: “I sort of hope that happens because then people like me
would go in and buy" property and "make a lot of money." Because, that was the
goal of his organization, and certainly should have been.
Sanders too, makes his approach that of a tired old politician with nothing
new to add, aside from massive give-away’s, so he trashes Trump too. As
reported by Kurtis Lee @latimes.com,this morning: “Bernie Sanders
delivered a blistering denunciation of Donald Trump's candidacy at the outset of
a raucous rally in San Bernardino on Tuesday night, insisting the billionaire
businessman will be doomed this fall.
"Donald Trump will not become president of the United States," Sanders said.
"The American people are not going to support a candidate who insults Latinos
... who insults Muslims, who insults women."
Thus, it’s apparent that neither Sanders nor Bill’s wife grasp the magnitude
of the unrest among voters about the nation’s economy. And, even if they did,
neither has a shred of knowledge about how to fix it.
Trump, however, by design or accident, has a far greater understanding of
what needs to be done and has been claiming that he can deliver an
economic turn-around. And that’s why voter support has already begun in earnest,
whereas in two short weeks he’s already passed both Democrats in the polls. By
identifying voter needs and fulfilling them, just like every successful
marketeer does.
On another favorite topic, the lunacy of raising minimum wages to irrational,
unaffordable levels, Jessica Haworth @mirror.co.uk/news headlined
today’s column: “Building robot McDonald's staff 'cheaper' than hiring workers
on minimum wage”
Ms Haworth writes: “A former McDonald's CEO is warning that robots will take
over jobs at the huge enterprise - because it's cheaper than employing
humans.
“He said that buying highly skilled robotics is cheaper than employing people
at the fast food restaurant.
“The worrying forecast comes as he warns huge job losses are imminent, and
that it's 'common sense' to replace humans in the workplace.
“Ed Rensi said: "I was at the National Restaurant Show yesterday and if you
look at the robotic devices that are coming into the restaurant industry, It’s
cheaper to buy a $35,000 (£24,000) robotic arm than it is to hire an employee
who’s inefficient making $15 (£10.20) an hour bagging French fries.
"It's nonsense and it’s very destructive and it’s inflationary and it’s going
to cause a job loss across this country like you’re not going to believe."
Reader zalzan offered an accurate, concise analysis of the
fundamental flaws in the socialist agenda, as follows:
“the real problem with the marxist-socialist agenda is not running out of
people's money, but automation. Poor old Karl never envisioned automation at the
level we have today...his and the Democrats' whole platform is based on a level
playing field among workers who would fill the factories (today its fast food
and retail) ...but, my friend Karl, what happens when you remove unskilled labor
and factories from the equation? It's fascinating watching the 15 movement short
circuit. Karl did not tell them how to deal with this. When the jobs are gone,
what then?”
While [Z]alzan’s last question sums up the problem quite succinctly, it's doubtful any politician, anywhere, has the answer.
Bringing us to today’s update on Bill Clinton’s wife.
An article from the Associated Press @nypost.com, is
titled: “State Department faults Clinton for emails and cybersecurity risks”
According to the text: “A State Department audit has faulted Hillary Clinton
and previous secretaries of state for poorly managing email and other computer
information and slowly responding to new cybersecurity risks.
“The Associated Press obtained a copy of the report by the agency’s inspector
general Wednesday.
While the report cites “longstanding, systemic weaknesses” related to
communications which started before Bill’s wife’s appointment as secretary of
state, her failures were singled out as more serious.
Furthermore: “The 78-page report says the department and its secretaries were
“slow to recognize and to manage effectively the legal requirements and
cybersecurity risks associated with electronic data communications, particularly
as those risks pertain to its most senior leadership.”
Thus, considering the timing of the State Department’s news release, the
question arises as to whether this is in anticipation of the results of a soon to be completed
FBI investigation. Because, should that report suggest any kind of inappropriate
behavior on the part of Bill’s wife, the department would be involved in some
way as well. Which is why they may want to be on record as to finding fault
first, in an effort to clear themselves and create space away from Bill’s wife.
It also raises the ongoing question once again: Joe Biden, Mayor Bloomberg, Jerry Brown, and Starbuck’s chairman and CEO,
Howard Schultz, are you guys reading this?
That’s it for today folks.
Adios
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