Wednesday, May 4, 2016

BloggeRhythms

With Indiana Republicans punching Cruz’s presidential ticket, there are now only two contestant's left. Trump who has 1047 delegates as of today, and Kasich with a mere 153. However, when the total is counted, Cruz/Rubio/Kasich combine for 889 altogether, giving Trump only a 158 delegate lead toward the 2472 needed for the nomination.

New Yorker Representative, Peter King, described Trump’s current status accurately and succinctly in one short sentence this morning, heard on Fox News. Talking about all of the other issues needed to be addressed by the candidate to coalesce the party, aside from immigration and national defense, King said Trump has to learn that it’s possible to “walk and chew gum,” at the same time.

Staying on the subject of walking and chewing gum simultaneously, it seems to be an alien talent to liberals in general. Because in their attempt to grow their voter base, they’re rapidly accelerating their constituency’s economic demise.  

Olivia Oran of Reuters, via yahoo.com and Drudge headlined her column this morning: “Rich and powerful warn robots are coming for your jobs.” 

At the Milken Institute's Global Conference in Beverly Hills, California, “the richest, smartest and most powerful humans” met for their four-day annual conference, where 3,500 invite-only participants explored "The Future of Human Kind." 

There: “At least four panels so far have focused on technology taking over markets to mining - and most importantly, jobs.” 

While those earning an unaffordable $16.00/hr minimum wage are certainly a driving force leading to increased automation wherever possible: “Technology has not only done away with low-wage, low-skill jobs, some of the more than 700 speakers said. They cited robots operating trucks in some Australian mines; corporate litigation software replacing employees with advanced degrees who used to sift through thousands of documents prior to trials; and on Wall Street, the automation of jobs previously done by bankers with MBAs or PhDs. 

“A Citigroup Inc report in March suggested that more pain is on the way for financial industry staff. Citi's analysts predicted a 30 percent drop in banking jobs across the United States and Europe over the next decade.” 

While panelists noted technology's impact on work far beyond Wall Street, “Martin Ford, an author and entrepreneur, argued that while the so-called gig economy has created temporary jobs for independent contractors, the next step is to get rid of them. The ride-hailing service Uber, for example, is investing heavily in building cars that do no need drivers, he said.” 

So, once again, the point's being underlined that in their continual attempt to grow their voting base for the future, by pushing for unaffordable minimum wages from industry, Liberals are actually succeeding in eliminating jobs altogether. And that’s because businesspeople don’t live in a fantasyland that sounds good in speeches, but instead are the one’s stuck with the bills run up by the Democrat “party.”   

At the same time, another bellwether for measuring socialism’s real-world results for those its purporters claim will benefit most, comes from Matt O’Brien @washingtonpost.com, as follows: 

”It's come to this: The country with the largest oil reserves in the world can't afford to brew its own beer, stay in its own time zone, or even have its own people show up to work more than two times a week. 

“Venezuela, in other words, is well past the point of worrying that its economy might collapse. It already has. That's the only way to describe an economy that the International Monetary Fund thinks is going to shrink 8 percent and have 720 percent inflation this year. And that's not even the worst of it. No, that's the fact that the state itself is near collapse. Venezuela already has the world's second-highest murder rate, and now the Chavista regime seems to be threatening violence of its own if the opposition succeeds in recalling President Nicolás Maduro. It's a grim race between anarchy and civil war.” 

And then, Mr. O’Brien gets to the heart of the matter, which should be understood by any reasonable, relatively intelligent individual, but either isn’t or purposely kept from disclosure by the current administration. 

“This is an entirely man-made catastrophe. Venezuela, by all rights, should be rich. As we just said, it has more oil than the United States or Saudi Arabia or anyone else for that matter. But despite that, economic mismanagement on a world-historical scale has barely left it with enough money to even, well, pay for printing money anymore. That's right: Venezuela is almost too poor to afford inflation. Which is just another way of saying that the government is all but bankrupt. 

“But that didn't stop the government from going on a spending spree. How big of one? Well, even triple-digit oil prices weren't enough to balance its books. So it got money from the one place it could: the printing press. And it has had to get a lot more now that oil prices have fallen so far the past two years. The result, as you might expect, of printing all these bolivars is that the bolivar has lost almost all its value against the dollar — and no, that's not hyperbole. Since the start of 2012, the bolivar has, according to black market rates, fallen 99.1 percent against the dollar.” 

Which means that for those supporting the current U.S. administration’s policy’s into the next presidency by voting Democrat again, the Milken Institute's Global Conference’s conclusions on robotics replacing humans in the work force, coupled with Venezuela’s economic disasters, have provided a crystal clear roadmap of what’s surely to be expected in the U.S. future.   

Bringing us to today’s update on Bill Clinton’s wife. 

While Yesterday’s Indiana primary win by Sanders didn’t help his delegate count very much, whereas the total was spilt, it  nonetheless fuels his argument that he should keep fighting until the end. In a press conference late Tuesday night, he said: “I think we can pull off one of the great political upsets in the history of the United States.” 

While the situation creates a headache for Clinton, who’s currently the presumed nominee, it confirms one of her most consistent problems, much as happened in 2008. People simply don’t like her very much, never did, never will. 

Which 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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