Sunday, December 3, 2017
The Die Was Cast In 1945
And, is still rolling down the line from Harry Truman to Kim Jong-un and beyond. The monster will not go back into the tube. Whom will break the arc?
Paul Hunter
Saturday, December 2, 2017
Evil Is Banal
That nice quiet family next door re:the Hovaters, may be, for any number of reasons, a representative of the dark side of human ideas. As much as I abhor and condemn their ideology I defend their right to have a different opinion outside of the workplace and under certain conditions.
Their proselytizing actions must be away from the workplace and minor children.
When Mr. Hovater allowed the Times interview he harmed his employer's right to earn a living. He did, in the end, do the right thing by requesting that his employer let him go. (Wash Post)
There are no winners when we adopt the censoring methods of our enimies.
Paul Hunter
Wednesday, November 29, 2017
Another Trump Lie As Political Strategy
From the AP.
Not seen as a moral lapse by the prevaricator. Or, maybe he can't differentiate and there is no moral compass.
The lie: "The consumer protection bureau has devastated the financial industry that is unable to serve the public.","it has been a total disaster".
The truth: Those institutions have grown by 5% over the same quarter last year. 67% of reporting institutions had year over year growth. The bureau has saved untold numbers of potential home buyers from the sub prime loan speculators that nearly broke the country in 2007-2008.
Paul Hunter
Monday, November 27, 2017
The Punishment Of Oliver North
A confessed felon walks
Excerpted: http://www.nytimes.com/1989/07/09/weekinreview/the-nation-the-punishment-of-oliver-north.html
The Judge who presided over the Iran-contra trial of Oliver L. North, saved a final surprise for last by punishing Mr. North for his crimes with a sentence that included a fine, community service and probation, but no prison term.
Mr. North, the former Marine Corps lieutenant colonel and National Security Council aide, was convicted of destroying documents, accepting the gift of a $13,800 home security system and abetting the obstruction of Congress. Judge Gesell could have imposed a maximum penalty of 10 years in prison and fines of $750,000. Instead, he imposed a $150,000 fine, two years of probation, a three-year suspended sentence and an order to perform 1,200 hours of community service.
At the same time, Judge Gesell's leniency seemed to deflate a campaign by Mr. North's conservative supporters for a Presidential pardon.
An appeals court later ordered Gesell to hold a special hearing to determine whether any of the witnesses at his trial had been influenced by North's congressional testimony, which he had been assured would not be used against him in court.
North's congressional testimony: " Oliver L. North conceded today that he lied to Congress after his boss sent him against his will to a session where he denied providing assistance to the Contras.
"Did you tell the truth at that meeting on Aug. 6, 1986?" defense lawyer Brendan Sullivan asked North during his second day of testimony at his criminal trial. "No," North said. "I went into the meeting not believing it would be illegal not to tell Congress the truth. "We do live in a democracy, don’t we?" a congressman asked the Marine. "We do. Thank god," North responded. "In which it is the people," the congressman continued, "not one Marine lieutenant colonel that get to decide the important policy decisions for the nation."
"I saw that idea of using the Ayatollah Khomeini’s money to support the Nicaraguan freedom fighters as a good one," North stated. "I still do. I don’t think it was wrong. I think it was a neat idea.
Posted by Paul Hunter
Monday, November 20, 2017
Corporations Add Tax Savings To Cash Pile.
The supporters of the federal tax reform and reduction bill, claim that reducing tax rates will actually increase revenue. The unproven theory posits that corporations will use the tax savings to increase investment in plant, equipment and wage increases. This hope ignores the fact that consumer demand drives corporate investment. Consumers are the ultimate job creators.
If spare cash is the panacea for slow growth, a look at the spare cash on hand for the following sample businesses begs the tax reduction point.
Apple-$262B
Microsoft-$135B
Alphabet (Google)-$95B
Cisco-$68B
Oracle $66B
GE-$44B
Amgen-$39B
Qualcom-$38B
Et al.
http://www.businessinsider.com/chart-us-companies-with-largest-cash-reserves-2017-8
Paul Hunter
Paul Hunter
Wednesday, November 15, 2017
U S Corporate Tax Rate Too High
If you pay taxes, that is.
Why would the parent company of the local Alkermes facility return to its original home, Cambridge Massachusetts? The corporate tax rate in its current home, Ireland, is 12.5% which is still lower than the proposed 20% being considered by congress.
For every $1 million of income a tax savings of $75,000 would be lost.
Would any reasonable financial adviser recommend a move back to the U S from the Cayman Islands if:
The Corporate Tax Rate in Cayman Islands stands at 0 percent thus saving $200,000 for every $1 million invested.
Many large corporations don't have to move overseas because they have gamed our tax system and pay little or no taxes (o%) regardless of income.
Paul Hunter
Monday, November 13, 2017
Positive (save the) Baby Steps
Will sanity finally overcome the single issue and well financed pressure politics of the NRA? The NRA spent over $2 million into November's Virginia races, including a $750,000 advertising push in the last three weeks before the election. The results: The winners were an anti NRA governor, Lieutenant Governor and Attorney General Mark Herring.
In 13 competitive races where the Democratic candidate was endorsed by a pro–gun control group and the Republican was backed by the NRA, the control groups candidate was victorious in 12.
The control groups dumped $700,000 into Virginia races as election day drew near.
Paul Hunter
Thanks Red States
Thanks to those 19 Trump pandering red state governments, mainly in the south, for sending their medicaid money to us 32 states that care for our needy brothers and sisters. Your unintended generosity is greatly appreciated.
Paul Hunter
The Rich Get Richer
Do these companies need a 15% tax cut to invest in new plant, equipment and jobs?Need it or not theyare going to get it.
2012 Forbes top ten companies with largest cash reserves in billions
Apple $137,000,000,000
Microsoft $68
Google $48
Phizer $47
Cisco $46
Oracle $34
Qualcom $28
GM $27
Amgen $24
Ford $23
$391,000,000,000
2015 Forbes top ten companies cash reserves in billions
Apple $200,000,000,000
Microsoft $110
Alphabet/Google $70
Cisco $61
Yahoo $35
Qualcom $30
EMC $15
E Bay $10
Face Book $9
$540,000,000,000
Friday, November 10, 2017
More Guns That's The Ticket
We are bombarded with the harangue, from the NRA gun sellers and their feckless congressional lackeys, that more guns means a safer population. The "more guns" rant apparently includes adapters that convert semi automatic military style assault rifles with oversized magazines into rapid fire killing tools.
Please explain to the families of the dead and wounded how armed concert goers in Las Vegas could have prevented the tragedy.
Watch, listen and weep.
https://www.nytimes.com/video/opinion/contributors/100000005475556/our-loved-ones-died-we-want-action-on-guns.html
Paul Hunter
Wednesday, November 8, 2017
Seeking Comment
If world affairs
continue on the current path we could expect, sooner rather than
later, the next synthesis in the Socratic/Marxian dialectic. Economic
power will shift from the malfunctioning democratic capitalism of the
developed nations to the command capitalism of China. The only hope
is that the equally populated and democratic India can survive the
struggle.
The western model
eliminated the communist/socialist/dictator system of the USSR and
the axis powers to create the current synthesis. Nothing but change
is constant.
Our only hope is
that we can overcome the political blame game and regain our
bipartisan balance.
Paul Hunter contact paulhunter45177@gmail.com
Monday, November 6, 2017
Not The Time For Gun Talk
Asked
by a reporter at the University Medical Center in Las Vegas if the
United States has a "gun violence problem," the president
dismissed the question.
"We're
not going to talk about that today," said Trump. "We won't
talk about that."
'This isn't a guns situation,' says Trump after Texas church shooting.
What situation is it? It's time to sell guns to church goers it appears!NRA's Wayne LaPierre will target anyone for blame over the Las Vegas massacre."“There are menaces out there every day. People want to be able to protect themselves,” LaPierre told CBS News’ “Face the Nation.
” It's Obama’s fault"
Paul Hunter
Sunday, November 5, 2017
What We Don't Know
Is it in Ohio's citizens best
interests to maintain a secret department manned by private business executives
that may have agendas that are not necessarily in the interest of the public at
large?
As Bloomberg Businessweek
points out "Jobs Ohio" spends millions of tax payer dollars in an attempt to
bring new companies to Ohio. The citizens and their watchdog, the state auditor,
have no access to the results of that spending. The
legislature has made Jobs Ohio bullet proof from audits and public
records requests. The overall results are rather depressing. According to
Bloomberg, Ohio's job growth rate trailed the U. S. average for 57 consecutive
months.
The original, still existing and
public, Ohio Department of Development, could duplicate that record for a lot
less money.
Paul Hunter
Sunday, October 29, 2017
Where Did The Money Go?
Wilmington, Ohio's estimated
median household income in 2015:
$33,316
(it was
$34,880
in
2000)
Estimated per capita income in 2015: $20,977 (it was $17,346 in 2000)Population in 2014: 12,375 (99% urban, 1% rural). Population change since 2000: +3.8%
Check it out:
Estimated per capita income in 2015: $20,977 (it was $17,346 in 2000)Population in 2014: 12,375 (99% urban, 1% rural). Population change since 2000: +3.8%
Check it out:
a.
Wilmington's
median household income (most common occurring income) decreased from
$34,880 in 2000 to $33,316 in 2015.
b.
The
population of Wilmington
increased from 11,904 in 2000 to 12,375 in 2014.
c.
The per capita (average) income increased from $17,346 in 2000 to
$20,997
in 2015.
I
conclude that the city's income wealth over the observed period, for
the most part, didn't go away it actually increased and was simply
redistributed to fewer people. This wealth transfer replicates the
national trend.
A
sample calculation
Population
in 2000 was 11,904 with an average income of $17,346
= $206,486,784
total income.
Population
in 2014 was 12,375 with an average income of $20,997 = 259,837,875
total income
Paul
Hunter
For
comment and correction contact paulhunter45177@gmail.com
Monday, October 23, 2017
Amateur Economist
If tax cuts are
actually made by congress in spite of near full employment:
Buy gold because the
dollar will lose value.
Interest rates will
climb if the Federal Reserve senses an inflationary trend over 2
percent.
If the interest rate
rises so will the cost of financing the federal debt further
increasing the budget deficits.
Unless corrected,
the big boys in fund management will continue to receive rate loop
holes that you could drive a truck through. (see carried interest)
Tax cuts for
consumers, so called pump priming, in a recessionary, high
unemployment economy, is meant to stimulate growth and not
necessarily increase government revenue.
Tax cuts on
businesses is meant to stimulate business growth and lower
unemployment but, as in Ohio, the business owner often pockets the
tax saving for personal purposes. This results in a reduction in tax
revenue and a reduction of essential government services.
Both Kennedy and
Reagan primed the pump but then increased taxes when the economy
overheated.
Clinton raised taxed
to balance the budget and to build a rainy day fund for Bush II
Bush II kept his tax
cuts beyond the use by date and the debt and deficits soared and
contributed to the great crash of 2008.
Supply side, trickle
down has not worked for the mainly because those befitting the most
pocketed the saving rather than invest in new plant and equipment.
Ergo we see the great rift valley of wealth distribution we see
today.
One upside is that
U.S. goods will be more affordable in foreign markets.
These are personal
observations and opinions based on 50 years of interested study. I
welcome any and all counter opinions.
Paul Hunter (contact
paulhunter45177@gmail.com)
Friday, October 20, 2017
Rosenberger considering a run for County Commissioner
From the speaker of the Ohio to a commissioner in a small county?
Maybe
Cliff can use the donations from his fundraiser, the 2017 Winter
Warmer that took place Feb. 4 at the Bay Club, a luxury golf and
country club in Bonita Springs, near Naples. Attending the general
reception and dinner costs $1,000. Additional brunch and golf options
are available to those who donate $5,000, $10,000 or $12,500 to
Rosenberger's campaign fund*.
He
could also arrange for a summer cooler in Sligo to raise additional
funds
He
also might finally reveal who paid for his trip to Turkey as an
indirect guest of a Ohio charter school sponsor cum rebel agitator
Mr.Gullen**.
It's
doubtful that the Speaker will need such fancy digs in Clinton County
The
public is in the dark about how much Ohio House Speaker Cliff
Rosenberger is paying to rent a 2,200-square-foot luxury condo from a
well-heeled GOP donor. Ohio ethics law doesn’t require Rosenberger
to offer public proof that he is paying a fair market rate.*
*Columbus
Dispatch
**
Akron Beacon Journal
Paul
Hunter
Work To Consume Model Threat
Krogers
and around the country:
How
will the majority of the 3,541,010
former cashiers and an unknown number of baggers in the United States
pay for their groceries?
From
the Dayton paper: "Expanding self-checkouts and ‘Scan, Bag, Go’
Kroger
will be re-designing the front-end of its stores to maximize the
customer experience.
The
store will increase the number of self checkouts and will also
dramatically expand its Scan, Bag, Go checkout option.
The
Scan, Bag, Go checkout allows shoppers to check out using wireless
hand-held scanners in aisles as they shop. The checkout option will
be expanded to 20 stores this year and then to 400 stores in 2018,
according to Kroger."
Paul
Hunter
Wednesday, October 18, 2017
Choice of Statues On The Town Square
Either
Nat Turner. a killer of sixty people in the name of freedom
Or,
R. Lee, killer of tens of thousands in the name of slavery
Paul Hunter
Tuesday, October 17, 2017
Dark Underbelly Of Unregulated Capitalism.
CEDC:
"Opioids
(including
prescription
opioids,
heroin,
and
fentanyl)
killed more than 33,000 people in 2015, more than any year on record.
Nearly half
[16,000] of
all opioid overdose deaths involve a prescription opioid.
"
When
the Drug Enforcement Agency’s (DEA) legal and investigative
department began making cases against recognized suppliers and pill
mill prescribers. The distributors, including a local area firm in
the below link, stated calling in their bought and paid for political
allies for relief from the pesky DEA.
The
result: A new law was passed defanging DEA enforcement and the opiate
overdose deaths continue to soar.
Poster's
note: The major buden resulting from this, selling of poison as
medicine, for profit, falls on families already demoralized by the
upward shift of national wealth.
Unregulated
banks just take our money unregulaed pharma takes our lives.
CBS
"60 Minutes" exposed this sad story of the effect of
uncontrolled money in politics. on 10/15/17.
https://www.cbsnews.com/news/ex-dea-agent-opioid-crisis-fueled-by-drug-industry-and-congress/
http://www.daytondailynews.com/business/report-springboro-distributor-
benefited-from-weakened-drug-enforcement/u9iTbp4UnPYy0wp2CMDxnN/
Paul
Hunter paulhunter45177@gmail.com
Monday, October 16, 2017
Critical Input On Ohio Issue 2
Critical
input on Ohio issue 2:
This 60 Minutes, segment https://www.cbsnews.com/news/ex-dea-agent-opioid-crisis-fueled-by-drug-industry-and-congress/, informs on the aggressive marketing techniques of big pharmaceutical firms. This evidence is enough to cast doubt about the honesty of the " vote no on issue 2", campaign's claims. The story also condemns the fecklessness of our political representatives. Shameful!
The group opposed to Issue 2 is called Ohioans Against the Deceptive Rx Ballot Issue.
"The campaign is entirely funded by major drug manufacturers through the Pharmaceutical Research and Manufacturers of America, or PhRMA, a drug industry trade group. PhRMA spokeswoman Priscilla VanderVeer said all the money the group has donated to the campaign came from member companies, of which there are 37 listed on PhRMA’s website. They include some of the largest pharmaceutical companies in the market — Johnson & Johnson, Pfizer, Merck, Gilead and more."
http://www.daytondailynews.com/news/local/your-questions-answered-about-issue/dTMjggyqOIW7JtHT9558kO/
Paul Hunter paulhunter45177@gmail.com
This 60 Minutes, segment https://www.cbsnews.com/news/ex-dea-agent-opioid-crisis-fueled-by-drug-industry-and-congress/, informs on the aggressive marketing techniques of big pharmaceutical firms. This evidence is enough to cast doubt about the honesty of the " vote no on issue 2", campaign's claims. The story also condemns the fecklessness of our political representatives. Shameful!
The group opposed to Issue 2 is called Ohioans Against the Deceptive Rx Ballot Issue.
"The campaign is entirely funded by major drug manufacturers through the Pharmaceutical Research and Manufacturers of America, or PhRMA, a drug industry trade group. PhRMA spokeswoman Priscilla VanderVeer said all the money the group has donated to the campaign came from member companies, of which there are 37 listed on PhRMA’s website. They include some of the largest pharmaceutical companies in the market — Johnson & Johnson, Pfizer, Merck, Gilead and more."
http://www.daytondailynews.com/news/local/your-questions-answered-about-issue/dTMjggyqOIW7JtHT9558kO/
Paul Hunter paulhunter45177@gmail.com
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