tag:blogger.com,1999:blog-8358039.post6377963610698888484..comments2024-03-25T15:17:04.488-07:00Comments on Captain Capitalism: No, We WON'T Invest in the ChildrenCaptain Capitalismhttp://www.blogger.com/profile/05620212946121617985noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-8358039.post-84737400435830930292011-09-22T22:01:53.901-07:002011-09-22T22:01:53.901-07:00I've lived in several East Asian countries and...I've lived in several East Asian countries and have been involved in technology start-ups on both sides of the Pacific. To suggest that I am any less of an adult because I don't do the family thing is offensive in the extreme. <br /><br />I have always lived life on my own terms. The notion that I should have to live by the standards and dictates of other people, especially those I have nothing in common with, is also offensive in the extreme. <br /><br />I find social conservatives to be as irritating as liberal-left types.kurt9https://www.blogger.com/profile/02101147267959016924noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-922300377804343972011-09-21T15:27:41.004-07:002011-09-21T15:27:41.004-07:00Depending on who ya talk to, I am either a first w...Depending on who ya talk to, I am either a first wave Gen X or a tail end Boomer. <br /><br />Regardless, I am pissed right off with our elders and don't care who knows it. My father has a grade 10 education and trades ticket. He and his pals are much the same: they have the big trucks hauling massive 5th wheel trailers, they have the palatial homes, they have summer vacation properties in Arizona. He worked 40 hour work weeks all his life.<br /><br />He says I am lazy. I went to college (Instrumentation Engineering), worked temp oilpatch jobs that average 240 hour work months, and I will have my first home paid off 4 years from now (on accelerated payments). <br /><br />My daughter and her friends are much the same: she has a university education, she can't afford to drive, she pays more in rent than I do on mortgage payments, and my idiot parents call her lazy and shiftless too.<br /><br />Don't take a machete to our elders guys.<br /><br />Let me loan you a gun...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-28907953926319254612011-09-19T06:28:14.176-07:002011-09-19T06:28:14.176-07:00Well, I would say this. Having previously worked ...Well, I would say this. Having previously worked for a federal regulator in Canada for over seven years, it became quite obvious to me that a great many companies (private and public) found it much easier to get concessions and favours from the regulator than the marketplace, and in particular to use the regulator as an anti-competitive club. It's much easier to convince a few appointed decision-makers in a regulatory body (who usually have industry experience, aka fox in the henhouse) than thousands of consumers.<br /><br />And since there are massive amounts of regulation that affect all companies of just about any size, from employment equity to environmental to taxes, all companies are effectively regulated, even if they don't have an official regulatory body for their industry. Thus the granting of public favours, or avoiding of penalties (I mean a lof of these regulations have force of law, they're not optional), becomes an increasing if not top priority, with a higher ROI than actually running a successful business.<br /><br />And more directly to the topic of your post, because so many of the regs that have the weight of the law behind them affect HR issues, your typical HR department is far busier championing 'diversity' and other government imposed mandates than to actually do things like have a youth outreach program.Paulnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-75858453823488226492011-09-18T15:02:51.479-07:002011-09-18T15:02:51.479-07:00oh crap, excuse me cap. I just got around to readi...oh crap, excuse me cap. I just got around to reading well that trite that i posted a link to( http://realestate.msn.com/article.aspx?cp-documentid=13107733)<br /><br />I was looking for something that would prove how people are better assessing their personal needs in housing and I posted an example of local governments shooting themselves in the foot.<br /><br />I think the cities in the link had better try to fight for all the growth they can get in a ¨down-sizing¨ new world.Bobbynoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-62119619984649055072011-09-18T14:44:42.531-07:002011-09-18T14:44:42.531-07:00hey Captain,
Some interesting thoughts.
Honestly...hey Captain,<br /><br />Some interesting thoughts.<br /><br />Honestly, I don´t know what to think about the situation you wrote about. But, I think the generational skirmishes will come back to bite the soon to be retiring baby booomers.<br /><br />One of the reasons that I don´t think that the situation for the U.S. is soo dire is this:<br /><br />Do you think that when the rubber hits the road, these generation xers and younger are going to worry about fullfilling the promises of all these unfunded entitlements to the boomer retirees?<br /><br />You can talk all you want about third rails, but come on. I am early 40s and don´t expect much from the government pension and health programs.<br /><br />So I have no problem with taking a machete to them.<br /><br />How about you or any other xers out there; do any of you want to continue with this shit?<br /><br />I think these programs will eventually decline into assistance to only the neediest of elders.<br /><br />I hope it is through cutting, I don´t think we are likely to see the worrisome inflation that everyone seems to think. Again, the xers are going to realize the folly of all this:<br /><br />http://realestate.msn.com/article.aspx?cp-documentid=13107733<br /><br />It´s not just going to be houses that are to be ¨sub-sized¨( opposite of ¨super-sized¨) in the future.<br /><br />It took families to expand this country of ours, but we are quickly becoming a country of singles or maybe 2, maximum 3 people households. So where is the future growth( inflation) going to come from? <br /><br />And, the housing bubble wrung-out alot of what was the vestiges of the old America. What will be comming to dominate are ??? men-children and women-children.<br /><br />Poor boomers, few children to care for them so hopefully they invested additionally in retirement in place of children.Bobbynoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-72223053456487932112011-09-18T13:35:38.010-07:002011-09-18T13:35:38.010-07:00Invest in the who?
I remember reading in a book (...Invest in the who?<br /><br />I remember reading in a book (you may have heard of it, it's title is "Behind the Housing Crash" -- look into it) that this is a "Thin Skinned Economy," and getting worse with each passing generation.<br /><br />So, why invest in these ninnies when I can invest in hard-working foreigners?<br /><br />BTW, far be it from me to defend Halberd BS, but the notion that MBAs teach common sense is a marker of ignorance. Perhaps some MBA students don't learn anything (as many other students in other areas), but there's no common sense way to<br /><br />- Price an option<br />- Brief an advertising agency<br />- Run a test market for a new product<br />- Reschedule preventative maintenance in a flow process<br /><br />(All things taught in good MBA programs.)<br /><br />I wrote about the functions of the MBA here:<br /><br />http://sitacuisses.blogspot.com/2011/07/my-thoughts-on-kenan-flagler-89000.html<br /><br />This is not to say that many MBA grads aren't arrogant beyond their limited knowledge, but then again so are STEM graduates (when physicists talk about economics, oh boy that's funny).<br /><br />Cheers,<br />JJosehttps://www.blogger.com/profile/10016440405836313244noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-27549938968825132782011-09-17T14:44:45.331-07:002011-09-17T14:44:45.331-07:00Every second nation suffers the same story, the st...Every second nation suffers the same story, the story of fiat money and fractional banking. <br /><br />the funny thing is, they all try to copy the same beaten path to get rid of recession. The situation of today’s America is no different than the economic conditions of Japan of 1998. <br /><br />In 1998, Japan was also suffering similar economic turmoil and the administration of Japan was also talking in similar fashion about how to control and resuscitate the declining economy of Japan. Ben Bernanke is also facing the same pressure to inflate currency by printing money out of thin air.<br /><br />Even then, Paul Krugman the Noble Laureate happened to suggest Masaru Hayami, the then Governor of Bank of Japan to provide a huge stimulus which may bring the Japanese economy back on track, and the administration of Japan did the same. <br /><br />Now again when the US is in troubles, Paul Krugman suggests the same mantra without acknowledging that Japanese failed while working on his Mantra. If someone will point out his failure, he will say that Japanese administration failed to provide the actual amount of stimulus which was needed.<br /><br />I believe the current administrators and economists are immoral and they are involved in robbing the current and future generation. Oh by the way, here's a <a href="http://rationallibertariancorner.com/anarcho-capitalism/the-story-of-money-and-price-rise.html" rel="nofollow">Story about money.</a> and here is a nice video http://youtu.be/tGk5ioEXlIMUnpretentious_Divahttp://rationallibertariancorner.com/noreply@blogger.com