It was a legendary story in our newsroom, retold to new hires as a warning never to antagonize top management.
The company had a private jet, used by about a half dozen top execs, and reports had it that the CEO had called one of his local publishers to meet him at a small airport.
When the subordinate arrived he was fired on the spot for some past infraction and told to find his own way home from the airport without his auto. Then, the CEO was driven away in the company car, previously used by the employee.
Anyone who has stood in line at an airport, or waited for a delayed flight, appreciates the inequality of the very rich flying around the country with instant takeoffs and landings. The CEO story above may not be entirely true, but it reflects the anger Continue reading →
Will Facebook “change your status” to “go directly to jail” for what it identifies as suspicious posts?
“The long term promise of AI (Artificial Intelligence) is that in addition to identifying risks more quickly and accurately than would have already happened, it may also identify risks that nobody would have flagged at all including terrorists planning attacks using private channels, people bullying someone too afraid to report it themselves, and other issues both local and global,”
Those are the words of an early version of a Facebook manifesto, content later removed in the final version by Mark Zuckerberg, one of the richest men in the world – $62.4 billion. (By comparison, Zuck’s assets equal the total family wealth of 12,755,000 African-American households.)
But here’s what the published version of the document said:
“Looking ahead, one of our greatest opportunities to keep people safe is building artificial intelligence to understand more quickly and accurately what is happening across our community.”
It added: “Going forward, there are even more cases where our community should be able to identify risks related to mental health, disease or crime.”
Zuck also wants you to be fed the Facebook Continue reading →
Zbigniew Brzezinski, co-founder of the Trilateral Commission, died Friday.
He was responsible for most of America’s economic woes today caused by our monstrous foreign trade deficit, fortunes and lives lost in Afghanistan, trillions wasted in the Cold War.
Leading the Trilateral effort, Brzezinski became National Security Advisor for President James Carter, and in May 1978, against State Department wishes, began talks that led to full diplomatic relations in December that year.
Brzezinski’s “normalization” of relations with Communist China was designed to change it technologically into a super power.
The following year the Washington Post reports in a February article – China Policy: A Born-Again Brzezinski – how Zbigniew describes his meeting with Cyrus Vance and China’s leader, Deng Xiaoping (Teng): Continue reading →
That buy your green card pitch by Kushner’s sister in China renews controversy over visas for the rich
If you had $300 during the Civil War you could avoid that first Draft by just paying the dough and walking away. No money, you could go to jail or possibly become one of the 620,000 Americans killed on the battlefields.
When it comes to citizenship, the rich don’t need to climb that wall or swim that Rio Grande, now they just put up money, $500,000 or more to be exact, to invest in some project in the U.S. and agree that somehow that will create ten new jobs.
Some 85% of all these “investment citizens” are from China. The deal is called EB-5 Visa, and not only can you become an American, but so can the wife and children – all for the same price.
By this criterion, anyone with enough money can buy citizenship. Poor folks need not apply.
The program was extended last week by President Donald Trump, even though he said he had qualms about it during the campaign last year. The day after he signed the extension, the Kushner organization was in Beijing, selling investments in the luxury apartment building, One Journal Square, that is set to be built next year in Jersey City. A brochure blasted:
“Invest $500,000 and immigrate to the United States.”
GOP plan to end “Death Tax” means the billionaires will be overjoyed, while the rest of us pay the bills
Tuesday, 4/4/17: examining entire fake “Russian Dossier” on Donald Trump!
Estate tax percentages have varied in recent history, ranging from 55% in 2000 under George Bush #1 to 35% under Barack Obama and now 40% under Donald Trump. The GOP wants it to be zero.
Currently, couples with less than about $11,000,000 pay no estate tax. On amounts above that, the government takes 40% for taxes. The history of the estate tax revolves around the desire for fair taxation of the richest Americans to pay for public programs.
Eliminating the estate tax will aid any couple who die with more than $11 million (current deduction), and the GOP argues that this would affect many small businesses, which would have to sell land or equipment to pay the tax.
I have an idea that should please the GOP and still maintain some sanity in our progressive tax system. This is in addition to the 123 Plan, which easily adds $54 billion in revenues to the federal budget this year.
Only apply the estate tax to those whose estates are $1 Billion or more, but raise the rate to Bush #1 rate of 55%.
That would generate $1,514,425,000,000, or $1.5 Trillion that the rest of us won’t have to pay in income and other taxes. This revenue is calculated by taking the total current Forbes wealth of all American billionaires and assuming they will die someday and have to pay the estate tax.
If there is no estate tax, they will avoid $1.5 trillion in taxes.
Who are these billionaires. Check the list Continue reading →
The founders of Facebook and Tesla/SpaceX share a dangerous idea that would control what you think.
Both kings of inequality are promoting plans to implant monitors into your brain.
In a recent manifesto released to the Associated Press (AP) “Zuck” said the following:
“The long term promise of AI is that in addition to identifying risks more quickly and accurately than would have already happened, it may also identify risks that nobody would have flagged at all, including terrorists planning attacks using private channels, people bullying someone too afraid to report it themselves, and other issues both local and global,” he wrote on a version of the document given to Associated Press.
That was the original version, but what was released to the public seems to be watered down, hiding the real dangers of his plan. Continue reading →
Fake news portrays American Blacks as lower class, victims in desperate need of help from politicians
Are most American Blacks struggling to someday be as successful as the average White?
If you watch the mainstream media, listen to college professors or pay attention to politicians, you might conclude that Blacks in America are in deep trouble.
The most common fake news is that nearly all Blacks have been denied entry into the middle class for a variety of reasons, and experts (mostly White) are needed to solve this problem.
Endless hours are spent on talk shows and in classrooms arguing about what are the correct solutions to this alleged rampant inequality problem. White privilege is blamed. Slavery is cited. Reparations are urged. The whole country is in a frenzy about Blacks and the middle class. Continue reading →
Hillary, Hillary, Hillary…can we still love you when you call us names? And for me, the question is: am I in the “desperate” bucket or the “deplorable” basket, just because I won’t vote for you?
A little background is in order. Continue reading →
Warren Buffett is the best known man in Omaha, Nebraska – a hometown boy, fourth richest person in the world, and admirer of Hillary Clinton. That friendship, her speaking style and his popularity – combined – couldn’t fill the Omaha North High School auditorium, even after some of the stands were packed with too-young-to-vote schoolchildren.
There are times, such as yesterday in Nebraska, when even the wealthiest skinflint in the world must feel defeated.
Meanwhile, Donald Trump is turning away thousands at some rallies, attracting record audiences for a Republican candidate, throngs comparable to the crowds produced for Bernie Sanders, who was also running against Hillary.
What is going on here? How can a woman, who has earned millions of dollars in speeches authorized by CEOs of major corporations, not attract a crowd? You would think that anyone. who was paid $300,000 or more for a speech, must be a great speaker, and gee whiz, here’s a chance to hear her – no charge. Continue reading →