Most Recent Microtheory
(Hits=3) Ask yourself, "why did the fed increase yields on short term debt?" Money markets invest in short term debt. Money markets will be a winner as the pensions will be a loser. More money will move into money markets as yields increase. The incentive will be to move money out of stock, out of commodities, and into short term debt. To what end?[Learn More...](Hits=0) supporting derivatives. Derivatives are the financial cancer that is spread through out the world. The wealthy use derivatives to invest in emerging markets. Derivatives have a winner and a loser. The wealthy are most often the winner exploiting the emerging markets. The gold standard[Learn More...]
(Hits=0) The Gold Standard will help regulate the temperature of the economy and slow down speculation and inflation. Gold will move into the country and out of the country according to competitive growth or stagnation. Gold prevents banks cartels from inflating the money supply. Savings will accumulate, be invest in projects subject to failure and no bailout, and the economy will heal as a result of smart money chasing smart projects. Social programs will stop and excessive government spending will stop and the size of government will decrease. The Gold standard may lead to the abolishment of OTC derivatives and speculative option betting. Investing rather than betting may return to America as it returns back to a policy of isolationism.[Learn More...]
(Hits=0) Pensions move out of treasuries and into more speculative investment. Pensions start investing in "emerging market stocks. Pensions may invest into high yield junk bonds or commercial paper. Electronic Trade funds have become increasingly popular and pensions may find themselves bets on price direction on those commodities securities. I don't like the trend because pensions have typically be very conservative. However, the pension under funding crisis has started to create a wide variety of speculation that will be subject to severe loss that pension insurance can not protect.[Learn More...]
(Hits=1) The fed fiscal policies have been a disaster for the dollar. Lets look at QE3 operation twist. The fed sells 3/7 year short term securities and buys 10/30 year long term securities. The long term security yield drops giving cheaper credit for large banks, state and local municipalities, and large corporations. Unemployment remains high and growth does not stimulate. The fed will probably modify its policy by removing yield incentives that pay banks to deposit money in reserves; the fed raise the reserve requirements for banks; the fed sets a maximum yield rate on 10 year treasuries. The stock market becomes the vehicle for transmitting fed policy. The stock market divergence form the mean is painful. The stock price diverges away from stock earnings, the conservative and proven method of valuating price. As a result, money is hot and any sign of fiscal policy will swing the stock market violently. Based on the 10 or so year of speculative divergence, it is very probable that another 10 to 15 years of deflated stock market price is pending, if not all ready in progress.[Learn More...]
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Some people argue there is not enough gold in the world to manage exchange. They seem to believe that there is no self-regulation on the fiat money. There is a self regulation on money. The regulation is the bond market. The bond market works like gold. Here is how. During periods of high inflation, the bond prices climb upward as money flows from foreign countries seeking refuge in long term securities. During periods of deflation, the bond price collapses, the economy slows, interest rates rise, bond yields rise, and taxes increase. The bond market rise follows a power law correlation of inflation=inflow, deflation=outflow. The bond market is not a good replacement for the gold standard because fiscal policy can cause speculative overvaluation that can lead to a bond bubble. We are left to ask ourselves, "Why are we so clueless about the bond market?"
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(Hits=0) The gold standard was never completely abandoned by the central banks. Central Banks buy and sell gold. During periods of high inflation gold prices rise rapidly and people value currency less exchanging it for gold. During periods of high deflation people sell gold favoring the increasing buying capacity of the currency. Gold is purely elasticity and high utility make it a great choice. Gold can be used as a medium of exchange.[Learn More...]
(Hits=3) Foley vs Hill: The money placed in the custody of a banker is, for all intents and purposes is money for the banker to do as he pleases; the banker is "not answerable to the principal if he puts it into jeopardy"; the banker is responsible "to the amount". The banker contracts for the amount and not to "keep the money onhand".
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(Hits=1) The Constitution does not mandate that Congress maintain a balanced budget. The Constitution does allow Congress the power to print money and produce coin. It is my believe that the founders described a central government of limited power, limited spending, and reserved most of the power for the states. States would be responsible to balance their budgets. The federalist have advanced a central government of power, $16 trillion in deficit spending, and threaten states powers.
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(Hits=4) The test of will between Grant and Lee would start in the Wilderness. Segwick, Warren, Burnside, Hancock would face off against Ewell, Pogue, Hill, and eventual Longstreet which would hit Hancock hard from the left flank. Hancock would be could in a V formation. 1864, Gordon Flank around Sedgwick near captured Grant. The rebels were putting up a good fight. General Lee knew he must protect Richmond from Grant. Davis was putting more pressure to withdraw to Richmond, but Lee knew the city offered no resource for the army to use. During the race to Spotsylvania Anderson and Stuart would arrive. Lee knew the fight would eventual end up at Petersburg. At the battle of Anna river Lee missed his opportunity to strike and isolate Hancock because Ewell was to causious as the Northern Anna River separate his union reinforcment from Burnside. Lee fumed over Ewell lack of initiative. Grant crosses the James River on route to Petersburg, Lee fails to destroy critical bridges. Gordon attempts an covert operation to get behind enemy lines at night but fails to have enough ammunition. Lee retreats to Amelia Court, the war is almost over. Lee's army was facing starvation and the officiers did have the fire within to continue resisting. The confederate army gets a supply of ammunition but not rations. The rations have been diverted to farmville. Grant is at farmville. The confederate army is starving. Grant request Lee consider surrendering, Lee is only in terms and the fight continues until they must surrender at appomattox. At Appomattox, Chamberlain saves Sheridan from collapsing before a rebel advance. Chamberlain realizes the confederate army is beaten, receive a surrender request from a confederate officer, and notifys Grant. Lincoln assasination would not give him to champion the healing of a nation. Last measure would allow the rule of law to pervail.[Learn More...]
(Hits=3) Grant would be selected by Abraham Lincoln to become Major General uniting all the Union under one commander. Lincoln said, "I have a great love of the constitution. It is the thing I live for, it is the reason I sit in this chair... If we allow this rebellion to succeed-if we do not hold those ideas together for our children-then we sink back to the dark ages. We might as well send the Queen of England an apology for all the trouble we caused, ask if they will take us back". Grant took the word seriously and faithfully carried out the responsiblity to crush the rebellion. Lincoln promised Grant he would not tell him how to run the army and he would deal with the political unrest in Washington[Learn More...]
(Hits=4) White haired General Lee remained determined to continue the fight after Gettysburg. Suffering heart problems, cramps, and exhaustion, he managed to inflict heavy causualities on a force significantly more numereous. General Lee was consider a gentle man. He was a West Point engineer, fought in the Mexican war, and love the state of Virginia. Ironically, Lee was offerred the opportunity to lead the Union army to fight the states which succeded, at the time Virgina was not one of those. Lee declined knowing that Virgina would eventual join. Lee encouraged his officers and men to fight for God. General Lee was loved by his men. Once a soldier said see General Lee was like seeing Christ, General Lee quickly told the man not to profane for their cause was so worthy. General Grant learned not to under estimate Lee ability to survive as time after time General Lee's tactics caught Grant by surprise. In 1863 Lee won victories at Fredericksburg and Chancellorsville, both in Virginia, and in 1864 at Cold Harbor, Virginia.[Learn More...]
(Hits=3) President Davis of the Confederates on drew political controversy and came under media attack. Isolated in Richmond more decision making power transferred to General Lee. After surrender Davis was not hung for treason but managed to survive in Europe before returning to America to write out his memiors. Lincoln did not want to make Davis a Martyr.[Learn More...]
(Hits=4) In order to increase North support of the campaign, Lincoln won a second election. Lincoln realized two critical factors were necessary to win the war 1. Improved technology, the big guns, and the seven shoot carbine 2. Political non-interference in the military campaigns.[Learn More...]
(Hits=5) It was Chamberlain the hero at five forks who said, "God would demand the last full measure of the men" to crush the rebellion. Chamberlain would join with Crawford and Griffin on the right flank of Pickett while Sheridan would hold the left flank; the causualities were enormous.[Learn More...]
(Hits=3) General Lee on the other hand, followed advice from his revolutionary hero father of withdrawal deep into the interior with the intent of the withdrawal too deny the union their supply line resource. The confederate army was smaller, quicker, and more mobile than the union army.[Learn More...]
(Hits=3) Eventually, Union master mind General Grant would implore an tactic of strangulation in the end the conflict. Fustrated by Lee's cleveriness warfare that would cut off the supply lines was needed. Lee wanted Johnston to flee Sherman and try to draw Grant's attention to Washington, but it didn't have the strength to succeed. Slowly the attritioned tightened around the weary General Lee leading to a chase and surrender at Appomattox.[Learn More...]
(Hits=3) The Civil War is one America's most saddest dramas and leaves one wondering why so many men had to die. General Lee would claim it was not for us to question why only that his will has being manifest. We can not dismiss the heroic feats of General Robert E Lee who was a symbol of courage, bravery, and heroic symbolism to his army. General Lee won many battles and force the union to more than double in size.[Learn More...]
(Hits=11) Business and labor should not be a special benefit from Government. Artificial subsidies allow military-industrial complex to turn a huge profit, it provides unions to maximize wages[Learn More...]
(Hits=10) Ron Paul wants America to withdraw from WTO, NAFTA, CAFTA, and the UN stating congressional authority over foreign commerce has transferred to the executive branch. "The office of President negotiates with groups of other countries the details of how to lower tariffs or gives permission to retaliate against another member for unfair trade practices." The Senate should ratify all treaties created by the executive branch. Congress should the responsibility for foreign commerce. The President should not regulate foreign trade by treaty.[Learn More...](Hits=11) Ron Paul said, "The people for too long have been complacent and overly tolerant of government abuse because our wealth seemed to be guaranteed and government benefits became more desired than independence and liberty", "No, with the enlightenment gained from the financial crisis, the people are making up for their complacency"[Learn More...](Hits=9) Welfare will disappear before the military disassembles.[Learn More...]
(Hits=22) The constitution was written with the intent to protect the independence of each state by establishing a limited relationship with the federal government. Under the tenth amendment state retain all powers not explicitly delegated to the federal government by the Constitution. Congress may never extend beyond its enumerated powers.[Learn More...](Hits=13) If we are an empire is our Republican form of government salvageable? Will the US empire collapse as rapidly as the British Empire. In Fergusen's book, he outlines debt buildup as the forces resulting in the rapid breakup of the British Empire. Ron Paul said, "those who consider themselves to be opponents of big government and yet have an uncritical attitude toward militarism and war are either fooling themselves or haven't thought enough about the problem", "the notion that we can cut government and maintain the empire is preposterous". US troops are in 135 countries and have more than 900 bases. When empires become rich by inflation then people become dependent, morality decays, consumers spending becomes excessive, and entertainment rules supreme; but liberty is lost. Empires require the support of the people. The real wealth of the middle class declines in an empire.[Learn More...](Hits=8) Maximum freedom for everyone is the best way to solve problems[Learn More...]
(Hits=10) Ron Pauls suggestions for improving immigration problems: Abolish the welfare state to keep real wages high; Make it legal and easy with a generous visitor work program; permit states to enforce border laws; allow landowners to provide private property security assistance; do not grant automatic citizenship to children of illegal immigrants; stop all federal mandates on states to provide free education and medical care for illegal immigrates; stop the drug war and treat all drugs like cigarettes and alcohol letting the customer beware; the police should not be prohibit from determining citizenship if the person is caught participating in a crime.[Learn More...]
(Hits=6) Many illegal immigrate come for survival reasons.[Learn More...]
(Hits=8) A free and prosperous economy always looks for labor.[Learn More...]
(Hits=9) Borders between nations should be open and private property rights to prevent newcomers from entering controlled by the owners, to prevent entry without permission.[Learn More...]
(Hits=9) In 1997, the INS refused to cooperate with the FBI in a investigation of voting by non-citizens. INS did not want to open a "pandoras box"[Learn More...]
(Hits=8) The federal privacy act and Immigration and nationality act protects the privacy of new immigrants. In 1988, Fulton County, Georgia, the Board of Registration and Elections wanted to check the immigration status of 775 registered voters but was denied because of "federal privacy act" concern[Learn More...]
(Hits=8) In 1984, illegal immigrants register to vote cards to obtain document identifying them as US citizens.[Learn More...]
(Hits=9) The Immigration Reform and Control act of 1986 requires employers to verify that all new hired employees verify identity and legal authorization to work in the United States.[Learn More...]
(Hits=8) Voter registration are routinely issued without checking of identification (drivers license, qualifying for a job).[Learn More...]
(Hits=10) Many aliens believe the potential benefit for registering far outweighs the chances of being caught and prosecuted.[Learn More...]
(Hits=9) In a Mayor's race in Compton, California, aliens testified under oath in court they voted in the election.[Learn More...]
(Hits=7) US citizenship is required to vote in federal , state, and local elections by law. The US has between 8 to 12 million illegal aliens and there is no way to ensure they do not register and vote in elections.[Learn More...]
(Hits=8) In 2005, the US accountability Office found 3 percent of 30,000 individuals called for jury duty from voter registration rolls in one US district court were not US citizens. The Census Bureau estimates there are over a million illegal aliens in Florida. The US Department of Justice has prosecuted more non citizen voting cases in Florida than any other state.[Learn More...]
(Hits=9) Illegal immigrants are counts in the census[Learn More...]
(Hits=10) States are required by federal law to provide education and medical care for illegal immigrants.[Learn More...]
(Hits=16) Shu ha ri : novice, advanced beginner, competent, proficient, and expert. Shu hai ri sets the stage for self development. The leader learns by doing. Break the skill into chunks and learn from errors observed by the teacher. The teacher will challenge the student to learn and think and find creative countermeasures to root causes. Shu ha ri takes time and energy to reflect on further opportunities for improvement. At ha the student practices unsupervised and checks with the master and applies the rules creatively. At ri the actions are natural and the student is in the position to gain his own understanding and imraprove on what they have learned. At ri the student can do the job without thinking or supervision, the five aspects of shu ha ri are standardized work, deep observation by the teacher, no answers so the student learns by struggle, on job development to get feedback, and a steady increase of challenges for growth.[Learn More...]
(Hits=15) Toyota looks for root causes to problems. One concern I have had is hearing a North American Toyota executive say the company was position on brand.[Learn More...]
(Hits=18) Adaptive cruise control to avoid frontal collision can be shocking because the car automatically begins to decelerate. Does the Adaptive system save lives? Does it do a better job than a real driver at avoiding collision? Does the system make mistakes? Can the driver override the system, if a mistake occu[Learn More...]
(Hits=13) Toyota established a design quality innovation division reporting to the Vice president of Research and development, to bring customer complaints to the power project managers and open direct communication lines. Customer complaints needed to be resolved by engineering design.
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(Hits=14) Akio toyoda talked to people and did not appear aggressive. He said, "I was thinking about the dealers, and customers, and suppliers, and our US colleagues in Toyota". Toyoda did not blame customers, the government; instead he, apologized for pain and inconvenience; and then set his company moving forward to uncover problems and solve them. Toyoda message and feelings emphasize his commitment to respect partners and suppliers and help them improve.[Learn More...](Hits=15) In 1997, Toyota learned and began to practicing having two suppliers of a critical part, in at least two geographical areas.[Learn More...]
(Hits=17) Customers were concerned about adaptive cruise control accelerating their cars. Leaders had to go and see the problem.[Learn More...]
(Hits=19) Did Toyota bridge the perception gap between North America Executives and Japanese Executes? One of the clear failures was critical decision were being made by leaders who were not at the gemba. Toyota had failed to seriously listen to customer perceptions of features of North America executives in engineering, sales, and communication. The gemba leaders had a better understand of the perceptions and problems of perceived failures of quality and safety. The further away from gemba, the poorer the decisions will be made. Why were executives and engineers removed from gemba making the decisions about information to be released?[Learn More...]
(Hits=18) Toyota identified problems that lead to failure to respond quickly and appropriately in a growing crisis to customer concerns. Time between was examined: time between when a customer called with a concern and when Toyota responded with a design change or a recall; time between a NHTSA complaint or media attack and a Toyota response.[Learn More...]
(Hits=25) In 2011, the Japanese 9.2 earthquake caused a 50 ft tsunami to strike Japan's east coast. Small car production of Yaris, Scion, XB, and Scion xD were impacted by the earthquake. Many of the basic raw materials its suppliers depended came from the north near the epicenter of disaster. 500 parts were identified as not procurable. 100s of Toyota engineers went with equipment vendors too solve problem for the suppliers, affected by the earthquake. By utilizing employee creativity and know how, in three months, the unavailable part count fell to 30 and from Mar 2011 too June 2011, Toyota was able to put most of its companies in full production.[Learn More...]
(Hits=18) Next, the sticky brake pedal was determined "not be defect". Ray LaHod said "The verdict is in. There is no electronic-based cause for unintended high-speed acceleration in Toyotas. Period." 12 pedals out of 2 million vehicles were discovered. However, vehicles were recalled because Toyota puts safety as a premium value.[Learn More...]
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