Posts

Showing posts from July, 2015

How the U.S economy functions

An old one but amusing and insightful nonetheless...... It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on credit. Suddenly, a rich tourist comes to town. He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms upstairs in order to choose one. The hotel proprietor takes the 100 Euro note and runs to pay his debt to the butcher. The butcher takes the 100 Euro note, and runs to pay his debt to the pig grower. The pig grower takes the 100 Euro note, and runs to pay his debt to the supplier of his feed and fuel. The supplier of feed and fuel takes the 100 Euro note and runs to pay his debt to the town's prostitute that in these hard times, gave her "services" on credit. The hooker runs to the hotel, and pays off her debt with the 100 Euro note to the hotel proprietor to pay for the rooms that she rented when she brought her clients there. The hotel propr

Gov. Scott Walker is in

He is officially running for President woo hoo is all I can add. Unfortunately his happy news is tempered by the fact an unhinged rodeo clown is also seeking the ticket. You play the cards you are dealt I suppose

Two contemporary views on the role of technology

From TechCrunch Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate. Something interesting is happening. And from a hitherto unknown tribe deep in the Amazon rainforest. Technological advances must not “determine our destiny.” Oh Im sorry, that is not a primitive tribesman but Hillary Clinton, a candidate for the leadership position of the most powerful and technologically advanced country in the world! I get those two confused all the time! My mistake.