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Monthly Archives: February 2017

Billionaire Softbank CEO Masayoshi Son plans to invest in singularity

Insightful and a first mover…

Billionaire Softbank Group Chairman and CEO Masayoshi Son revealed Monday (Feb. 27) at Mobile World Congress his plan to invest in singularity. “In next 30 years [the singularity] will become a reality,” he said, Tech Crunch reports.

“If superintelligence goes inside the moving device then the world, our lifestyle dramatically changes,” he said. “There will be many kinds. Flying, swimming, big, micro, run, 2 legs, 4 legs, 100 legs,” referring to robots. “I truly believe it’s coming, that’s why I’m in a hurry — to aggregate the cash, to invest.”

“Son said his personal conviction in the looming rise of billions of superintelligent robots both explains his acquisition of UK chipmaker ARM last year, and his subsequent plan to establish the world’s biggest VC fund,” noted TechCrunch — a new $100BN fund called the Softbank Vision Fund, announced last October

Source: kurzweilai.net

Lookout, scarry: “‘Ghost guns’ may haunt us all for a long time”

I’d like to propose a gun control idea. This one aimed at curbing the number of new guns hitting American streets: Let’s make so-called do-it-yourself gun kits illegal.

How about “let’s not.”

What part of “…shall not be infringed.” is so difficult to understand?

How exactly do you think you will enforce manufacturing of frames when all one needs is a 3-D printer? How will you stop the same manufacturing of 3-D printed metal parts?

Why attempt to centralize and hamstring a manufacturing revolution in distributed manufacturing of inanimate objects, and destroy an entire industry?

Smells like a solution looking for a problem or crony capitalism to me.

Source: Albuquerque Journal

Trump And Russia: Just Pointing Out The Obvious — Capitalist Exploits

Chairman Trump may well be a child in a man’s body – erratic, lacking in finesse, as articulate as a gangsta rapper, contradictory, and missing the cognitive functions allowing one to think before acting. But.. But… he does seem smart enough to have thought a little about Russia. Thought alone is a welcome surprise from Washington.

The establishment for their part are fuming!

First their rice bowls are at risk, and to top it off they’re now publicly mocked. To egomaniacs this is worse than acne to a prom queen. As I mentioned a couple weeks back the mockery has come thick and fast:

CNBC’s John Hardwood decided to conduct a Twitter poll to see who the American people trusted when it came to the DNC hacks. Did they believe Wikileaks, who deny Russian involvement, or do they believe the intelligence community who has blamed Russia despite ZERO hard evidence being shown to the public?

The results were shocking and it stunned the media elite!

 

The absurdity over Russia has turned into a social meme. Few buy the narrative and those that do increasingly find mainstream thinking to be questioned.

Source: Capitalist Exploits

The FDA, Crony Capitalism, and Wealth and Health Destruction.

This Could Be the Last Stand for Vaping

The vape industry currently stands on the edge of complete demise thanks to regulatory overreach. However, two Congressmen, Reps. Tom Cole (R-OK) and Sanford Bishop (D-GA), recently introduced legislation, which, if passed, may grant the e-cigarette industry a much-needed reprieve.

Over the past year, the Food and Drug Administration (FDA) has targeted the e-cigarette industry, using false claims and fear-mongering to pass regulations that will likely put the majority of the industry out of business.

The new regulations were, of course, created in the name of protecting the American people from a potentially dangerous product. In reality, however, the only entity actually protected by these new laws is big tobacco.

In the Name of Cronyism

The FDA is, without a doubt, one of the worst offenders of cronyism within the United States government. And considering the size and scope of our federal bureaucratic system, this title is not easily earned.

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Authorities investigating whether Kansas triple shooting that killed one was a hate crime

Sometimes you are left scratching your head at what passes for reporting and press conferences.

Reporter lead in: “The FBI now investigating whether this is a hate crime.” FBI Talking Head: “Our role in this is investigation is to work jointly with local law enforcement to determine if an individual’s civil rights were violated.

Well, I for one am glad the FBI apparently has the special training to help out the rubes in that backward part of the United States.

It must take a lot of special schooling to figure out if someone’s individual civil rights were violated… or perhaps such wisdom and insight rubs off on you by working around such high functioning individuals one often finds in the federal bureaucracies.

Then there is this:

“I strongly condemn violence of any kind, especially if it is motivated by prejudice and xenophobia.” – Kansas Senator Jerry Moran

You know, because that violence that is motivated by prejudice and xenophobia is so much worse that the violence that isn’t.

Source: Yahoo

Don’t Ruin A Chance for Tax Reform with “Border Adjustments”

Don’t Ruin A Chance for Tax Reform with “Border Adjustments”

As part of an otherwise very good tax reform plan, House Republicans have proposed to modify the corporate income tax so that it becomes a “destination-based cash-flow tax.”

For those not familiar with wonky inside-the-beltway tax terminology, there are three main things to understand about this proposal.

  • First, the tax rate on business would drop from 35 percent to 20 percent. This is unambiguously positive.
  • Second, it would replace depreciation with expensing, which is a very desirable change that would eliminate a very counter-productive tax on new investment outlays. This is basically what makes the plan a “cash-flow” tax.
  • Third, any income generated by exports would be exempt from tax but the 20-percent tax would be imposed on all imports. These “border-adjustable” provisions are what makes the plan a “destination-based” tax.

I’m a big fan of the first two provisions, but I’m very hostile to the third item.

Read More

Off duty officer vs. Mike Strickland’s escalation of force: Something is wrong here…

 

“The confrontation began over ongoing issues with juveniles walking across the officer’s property,” Anaheim police said in statement Wednesday.

This is most interesting.

You can watch the OODA Loops spin out of control as communications break down and either the wrong tactic is used or no tactic is selected at all due to the Sympathetic Nervous System or “SNS” reaction.

As the SNS response continued to rise all parties were beginning to think with their survival brain, hence the continued decline in communications which lead to anti-social behavior.

While one could write an article on the video tearing apart the officer’s tactics, or lack thereof (a training issue, not the officer’s fault). I won’t.

And while one could write an article critiquing and condemning the society and education system that fostered such blatant disregard for individual and property rights, I won’t do that either.

I will, however, state that had both sides had a modicum of respect for each other, other’s property rights, abided by the NAP, and had just a little bit of training, all these unpleasantries could have been avoided.

Unfortunately, we aren’t there yet, fortunately, were closer than most think (thanks technology!).

In the end, I hope the officer doesn’t face the same unjust consequences that as Mike Strickland is now facing for making the same sensible decisions to protect his life.

After all, two wrongs don’t make a right. And while a badge shouldn’t grant extra rights, it shouldn’t mean you have any fewer rights either.

Source: nypost.com

Repealing Obamacare Is Not Enough

American health care is not very effective in curing diseases. The National Center for Health Statistics projects over 1.6 million new cancer cases and almost 600,000 cancer deaths for 2016. Among those who suffer heart attacks, fewer than 50% are alive five years later.

Republicans do not want to repeal the regulations that make healthcare expensive and ineffective.

Medical treatment is so expensive that people need insurance to survive financial catastrophe in case they become ill or get hurt. Even middle class folks who need extensive medical care cannot begin to pay the costs. Those facts supported demand for Obamacare, the halfway point on the road to socialized medicine.

Republicans argue that American medicine was the finest in the world, with only minor problems, until it was ruined by Obamacare. But American medicine has been plagued with extraordinarily high costs and ineffective treatments for many years.

According to Forbes.com, in the Commonwealth Fund’s 2014 healthcare survey of the eleven wealthiest countries, the USA came in last.

Republicans campaigned to repeal Obamacare. But they waffle about its replacement, because they sense they have no answers to the problems that predated the disastrous Affordable Care Act. Republicans want medicine to be inexpensive and effective, but they do not want to repeal the morass of regulations that make it expensive and ineffective.

A Brief History of Medical Regulations

After the Civil War, there were virtually no regulations of medicine in the United States. People would choose their doctor and treatment, and doctors would thrive or languish according to the exigencies of the market. Profit-seeking medical schools flourished and graduated many practitioners.

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CCW Holder Wrongly Convicted in 5 Minutes, for Defending His Life from BLM Thugs

Those actions right there… yeah, potentially just saved lives.

Wait… where were the police to protect him?

If the same menacing crowd/individual were advancing on a police officer, what would the officer be allowed to do to protect himself?

What should any person be allowed to do in such a situation? Should they be allowed to fight or should they become a victim?

Laws that disarm people make victims out of people they disarm.

As the mob continued to surround and outflank him, they chanted “get him” and other nasty garbage. Mike did what any expert would teach any student to do; he retreated as best he could before being surrounded and overwhelmed by the ever growing mob. Realizing he was now nearly surrounded and in fear for his life, Mike drew his lawfully concealed firearm and used it to keep the crowd at bay. He never fired a shot, and in fact, his finger never touched the trigger.

Also, chose your words well, it matters…

Mike is an independent journalist/videographer who was covering a progressive anarchist “demonstration” in Portland, Oregon when he became surrounded by a mob of radical, anarchists.

Mike wasn’t being attacked by anarchists, radical or otherwise. How do I know?

Because attacking another person/property is very anti-anarchist, it’s downright collectivist, way on the other side of the spectrum of anarchy).

Apparently, Mike was being attacked by another front group of collectivists poorly disguising themselves as anarchists.

Source: ammoland.com

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