Wednesday, July 6, 2016

Cab Thoughts 7/6/2016

"'Objectivity' is teaching without regard for the truth."--Wendell Berry

Scott Adams is the creator of "Dilbert." He has an article in the WashPo stating that Trump is such a master linguistic strategist that he could have turned the political chessboard around and still embarrassed the field. Adams does not claim to be a trained political analyst. His stated credentials in this arena, says Adams — who holds an MBA from UC Berkeley — largely involve being a certified hypnotist and, as a writer and business author, an eternal student in the techniques of persuasive rhetoric.
According to a Pew Research Center study, more and more young Americans do not believe in freedom of speech for what they deem hate speech. Forty percent of respondents ages 18 to 34 agreed that offensive statements should be outlawed.
According to a series of Harvard University polls, about 47% of Americans ages 18 to 29 believe that food, shelter and health care "are a right that government should provide to those unable to afford them." So almost half believe they have a legitimate claim on the labor and earnings of others for life's basic necessities.
More than half of 18- to 29-year-old Americans do not support capitalism, the source of their prosperity and the only economic system that has ever lifted mass numbers of people out of poverty.

 
"Warner Music Group has become the first major record company to report that streaming has become its largest source of revenue, surpassing sales of physical formats such as CDs and vinyl," reports Financial Times.

People of color now comprise more than 37 percent of the U.S. population, greater than triple the 12 percent in 1965. The two fastest-growing groups have been Latinos and Asian Americans. In 1965 there were fewer than 9 million Latinos in the United States; by 2013 that number had soared to 54 million. During that same forty­-eight-year span, the Asian American population has grown from 2 mil­lion to more than 18 million people. Progressive people of color now comprise 23 percent of all the eligible voters in America, and progressive Whites account for 28 percent of all eligible voters. Together, these constituencies make up 51 percent of the country's citizen voting age population, and that majority is getting bigger every single day. Each day, the size of the U.S. population increases by more than 8,000 people, and nearly 90 percent of that growth consists of people of color.  The total U.S. population was nearly 90 percent White as recently as 1950. As a result, the current over-65 population is 78 percent White. Using that figure to estimate the ra­cial breakdown of the country's deaths -- which occur at a rate of 6,646 per day (once every thirteen seconds) -- it's clear that while a majority of births are people of color, deaths are overwhelmingly White.

Who is...Andrew Johnson?
I found this just wandering around: Bishop Fox'sTastic RFID Thief, a long-range radio frequency identification (RFID) reader that saves your score on a microSD card as a text file so you can clone the badge later. It's completely portable and fits neatly into a messenger bag or a briefcase. From the company's site: The Tastic RFID Thief is a silent, long-range RFID reader that can steal the proximity badge information from an unsuspecting employee as they physically walk near this concealed device. That's a useful product.
 
According to the Congressional Budget Office (CBO), out of the 38 million young men in the U.S. in 2014, 16 percent were jobless (5 million or 13 percent) or incarcerated (1 million or 3 percent). The share of young men without a job or in prison has increased substantially since 1980, when just 11 percent of young men fit into either category.
CBO highlights that the level of joblessness and incarceration varies based on young men’s educational attainment. The less they have, the more likely they are to be jobless or incarcerated. The rates also varied among racial and ethnic groups. In 2014 young black men were about twice as likely to be jobless or incarcerated than white or Hispanic young men were. The disparity was largely due, however, to higher rates of incarceration among young black men.
1 in 6 of young men are completely unconnected to the working world.

In 2014, 400 players on NFL rosters were undrafted free agents.
 
Internal differences are killing OPEC and its ability to influence the markets has all but evaporated, top Russian oil executive Igor Sechin told Reuters in some of his harshest remarks ever about the oil cartel.
Russia, which has been hit hard by the oil price collapse, was flirting with the idea of cooperating with OPEC in recent months until tensions between OPEC members Saudi Arabia and Iran ruined a global deal to freeze output.
Sechin - one of the closest allies of President Vladimir Putin - was the only Russian official to consistently oppose the deal with OPEC even after the Kremlin effectively endorsed the plan.
 
Three fifths of octopuses' neurons are not in the brain but in the arms. If an arm is severed from an octopus's body, the arm will often carry on as if nothing has happened for several hours.
 
Andrew Johnson is known for a lot of things. As a Tennessee legislator, future United States president Andrew Johnson opposed the extension of railroads into his state because it would put inns and wagon haulers out of business. After he succeeded Lincoln, he was impeached. He was something of a public failure at a crucial time in the nation's history. He was also drunk at Lincoln's second inauguration. Staggering drunk.  Lincoln told Hugh McCulloch, the secretary of the treasury, who confessed to Lincoln that the president's life was even more precious to the country now that he had had the chance to see Johnson in action, 'I have known Andy Johnson for many years; he made a bad slip the other day, but you need not be scared; Andy ain't a drunkard.'
Reassuring.
A study from Australia affirms that cellphones are reasonably safe and do not cause brain cancer. What makes the study in Australia so authentic compared to other studies conducted in other countries is the fact that all diagnosed cases of cancer have to be registered by law.
 
Most economists, Trump excluded, believe in the value of free trade. But several countries solidified their economies with tariffs that allowed for exploitive growth and monopolies. During the late 1800s, America was perhaps the most protectionist nation on earth. Robber barons were not interested in free trade. In fact, during the period from 1860 to 1914, in which U.S. tariffs on foreign goods were often as high as 40 or 50 percent, America went from being an emerging economic power to an economic colossus whose GDP was as great as the GDPs of England, France and Germany combined:
 
Microsoft says that over 10 million login attempts per day are cyber-attacks, which the company is able to detect. 
The U.S. is experiencing a baby lull that looks set to last for years, a shift demographers say will likely ripple through the U.S. economy and have an impact on everything from maternity wards to federal social programs.
 
The Civil War almost destroyed the horse breeding industry in the South. At first, the war was a boon for Kentucky breeders. Situated geographically between North and South, the border state supplied both warring armies with vast numbers of horses. The boon soon turned into a nightmare of horse attrition. At first, the armies bought horses. Then they requisitioned them, often not paying up. Finally, both armies simply stole all they could find, including old stallions, broodmares, and immature yearlings. Many are the tales of horse owners hiding their best stock from the armies. Some had secret rooms where valuable horses were hidden.

An interesting question: Does the Keynesian Model where the government raises taxes during booms and lowers them during busts, or decreases government spending during booms and reduces government spending during busts, necessarily imply big government? If not, why are its adherents always big government guys?

Golden oldie:
One of the problems in government is the area of diminishing returns. How much safety legislation is sufficient? Where should OSHA say "Enough."? Speeding kills people in cars so we create a speed limit. First it's 70mph, then 65, then 55. But the truth is that speed is not the cause of deaths in auto accidents, motion is. The only solution is to get speed to a point where the structure of the car and the safety mechanisms inside make collisions or loss of control insignificant. 5mph? 15? I was in East Germany when the government declared that any driver with detectable--detectable--alcohol in his blood would lose his car (a very expensive event) and go to jail for a year. I don't know if that worked but I'll bet it did a lot to cutting the problem down. Still there will always be those pesky outliers who demand more control, more punishment, and the state just has to ratchet their rules up. Some people think a perfect world is a world without crime, but that's not true. A perfect world is where people have the ability to commit crimes, but don't.
 
Doughty: adjective: Brave; courageous; determined. ETY; From Old English dohtig (worthy). Earliest documented use: 1030. USAGE: “Alex Gordon was also a doughty fighter for the underdog.” The Herald (Glasgow, UK); Mar 12, 2016. Not to be confused  with "dowdy", which means old-fashioned, or lacking stylishness.

Year-over-year the 3D printing industry has grown by as much as 30%. Now, it's set to triple in revenue over the next four years, according to a new report. For comparison, this year the industry will reach nearly $7.3 billion, and by 2020, it is expected to reach nearly $21 billion. Published by the Consumer Technology Association (CTA) and the United Parcel Service (UPS), the study, called "3D Printing: The Next Revolution in Industrial Manufacturing," revealed that the two biggest industries representing a combined 40% of the growth are consumer electronics and automotive. Medical devices will represent about 15% of the growth. North America and Europe will account for more than 68% of the 3D printing market revenue, while the Asia Pacific market will account for about 27% of sales. Here's an impressive stat: 3D printing represents only 0.04% of the global manufacturing market right now. However, if 3D printing captures 5% of global manufacturing capacity, which researcher firm Wohlers Associates believes it will, the industry would be worth a staggering $640 billion. "This is a market ripe for disruption," the report said.
 
The psychic business is a $2 billion industry in the U.S. alone.
For much of US history, Americans were the tallest people in the world by a large margin. When the thirteen colonies that occupied the Atlantic seaboard broke from the British Empire, adult American men were on average three inches taller than their counterparts in England, and they were almost that much taller than men in the Netherlands, the great economic power before Britain.
Height is a strong predictor of individual achievement (test scores, occupational prestige, pay); it is also a reveal­ing marker of population health. Height has a lot to do with genes, but height differences across nations seem to be caused mostly by social con­ditions, such as income, nutrition, health coverage, and social cohesion. Indeed, one reason for the correlation between height and achievement is that kids whose mothers are healthy during pregnancy and who grow up with sufficient food, medical care, and family support tend to be taller adults. An average US white girl born in the early 1910s could expect to reach around five foot three; an average US white girl born in the late 1950s could expect to exceed five foot five. Evolution just doesn't hap­pen that fast. So it's striking that Americans are no longer the tallest people in the world. Not even close: Once three inches taller than residents of the Old World, on average, Americans are now about three inches shorter. The average Dutch height for men is six foot one, and for women, five foot eight -- versus five foot nine for American men and five foot five for American women. The gap is not, as might be supposed, a result of immigration: White, native-born Americans who speak English at home are significantly smaller, too, and immigration isn't substantial enough to explain the discrepancy in any case.

 AAAAAaaaaaannnnndddddd.....a graph:


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