Eco Nightmare: Ocean Garbage Coming Ashore

Garbage Waves

Seeing something like this makes me ashamed of being part of the human race that we allow pollution to reach this level of disgusting.

 

 

The other part of that video mentions the increasing amount of micro plastic water contamination. More clear signs we need to change our ways unless we want this to be the norm rather than the gross exception.

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What Does it Mean to be “Self-Made”?

Forbes released their August Magazine cover featuring women billionaires:

It features Kylie Jenner, who is being described/showcased as at 21yo, set to being the youngest ever “self-made” billionaire.

This caused a commotion/backlash among many who called into question Forbes use of the term “self-made”, followed by supporters who defended the title.

By definition, “self-made” is defined as achieving one’s success unaided. In other words, no outside help or assistance was needed or given to that person to enable them to achieve their goals.

So the notion that Kylie Jenner, who was born into a family line worth $100’s of millions, who have clearly mastered leveraging their fame/notoriety into profit making ventures, where Kylie has all that knowledge and built in contacts at her disposal, is to be compared to a person who had none of those benefits who nonetheless achieved great success, really distorts the meaning of the word “self-made”. Furthermore, highlighting her young age in achieving this completely ignores the shoulders she was able to stand on from day one.

There are some who think all the backlash is largely an anti-feminist, anti-capitalist, or anti-Kardashian family issue, but the issue is really about the stretching of the term “self-made” as a one size fits all no matter their built in family background or advantages. If Forbes had highlighted ANYONE from a wealthy family as “self-made”, they would be getting the same level of scrutiny from the general public.

Forbes has decided that they have a “sliding scale” of the term self-made, from a level 10, where a person starts out in poverty facing many obstacles, to a level 1, where the person is born with silver spoons.

Why have a scale like that? Why not acknowledge the achievements of a person without abusing the term “self-made”?

Kylie deserves her fair share of credit of creating a new business line that’s closing in on a billion dollars. Call her highly successful, call her ambitious, one of the youngest soon to be billionaire business owners, etc…, but Forbes needs to get rid rid of their “sliding-scale” and reserve the “self-made” title for those who truly started with minimal help to achieve their success.

 

 

Court Case:Trader Tries Trading Millions on Demo Acct, Does it on REAL Account Instead. Can he Keep $$$ Gains?

Here’s a situation that’s hard to believe- a trader opens up a trading account in France with $23,000 and wants to practice using the brokerages demo account that he had been using to learn on.

So he engages in trading, but due to some crazy errors, he winds up trading on a live account and by the time he realizes he is NOT in the demo account, he is $1 million dollars in the hole. 😬

Now this is pretty crazy stuff, since I have NEVER heard of ANY brokerage that would allow a person with just $23,000 in their account to be allowed to trade in the BILLIONS and incur so much debt- likely because they would soon be out of business with those type of lax safeguards.

Now once he finds out, you’d think he’d immediately call the brokerage and tell them the situation and that he wants no part of this…..and you’d be wrong.

Instead, he decides to continue trading and we get to some more crazy stuff happening: he actually does extremely well and winds up making $11.6 million in profit! 💰💰💰

Once the brokerage learns about what happened, they decided to keep the money since the trader was supposed to be on a demo account. 💸 The trader is now taking the brokerage to court claiming that the money he made should be rightfully his to keep.

So the question to consider is- who has the best claim to the money, the brokerage or the trader? What do you think?

I would reason it out as follows:

While on the surface it one could make a case that since he was trading, he should be able to keep it. But further analysis finds problems with this.

If he had lost millions, would he also claim the responsibility to pay it back, or would he claim he was free of liability because he believed he was on the demo account? The knife cuts both ways.

The key though is his account size. At only $23,000, it would be clear to all that he does not have the equity to be allowed to trade in the millions for a real account and therefore the brokerage should be on the hook for those losses. This also means they get to keep the gains as well.

Now having said that, I have these conclusions:

  1. Clearly this guy was either very lucky or knows what he’s doing and should be offered a trading job.
  2. Since it was the fault of the brokerage for allowing him to trade such large amounts on a real account, and he did earn them a nice amount, it would be nice if they gave him some type of payout since he could have also bankrupted them.

Here’s the article:

https://www.cnbc.com/2018/06/21/trader-builds-5-billion-position-after-realizing-it-wasnt-a-demo.html

 

 

 

Heat Wave Bullseye Hits Southern California

I’ve been watching heat waves make their way across the US- from the Midwest, then northeast/east coast areas.  I feared it was only a matter of time before the flame lottery lot went to the Southwest/west coast. The news folks forecast confirmed the impending heatwave for the west to arrive after the 4th of July into the weekend.

Despite that forecast, it was hard to believe since the weather in San Diego earlier this week was near perfect, as it usually is with warm days and cool nights. The weather folks get rain forecasts wrong often, perhaps they were erring here as well?

Unfortunately, they were in the correct zone as we hit later in the week, literally just a day after the nice temps on the 4th, the temp starting jumping rapidly from the 70’s to the mid/upper 80’s. Then on Friday this happened:

 

Heat Miser and his Scorch Troops before the Southwest heat wave Invasion:

 

Friday unleashed the fire zone bullseye:

 

 

Cast your eyes to the lower left, showing So Cal and Az in the heat zone epicenter. 🔥 🔥 🔥  Solid triple digits in many areas, temp records getting broken for this time of year.  The cool nights of the mid 60’s got swapped with sultry nights of upper 80’s.  Heat Miser got us with precision targeting. As they say in Star Trek vernacular: “Direct hit Scotty!” 🎯

Yup, this is what we have for the weekend and beyond for the next several days. 🌡️🔥☀️

It feels like a blast furnace outside- way too hot, even for the beach. Fortunately the weather in this area is typically decent and aberrations like this don’t last long.

 

 

The Dark Side of Humanity

All of us are aware that a whole spectrum of people exist on Earth – from the absolutely saintly selfless to the most diabolically cruel. It’s amazing how people can vary so much to such extremes.

Two cases of people on the dark part of the spectrum caught my attention this week. I usually just bring up the bad actors on Wall Street that fleece their customers but these two stood out to me.

Case 1:

A very talented student who excels in playing the clarinet applied for a prestigious scholarship at a conservatory for training under one of the very best clarinet teachers. The scholarship is valued at $50,000, which was a full ride including tuition, housing, meals, and miscellaneous living expenses.  The clarinet teacher also only accepts 2 people a year to train- which shows you how difficult it is to get approved for acceptance.

Despite those long odds, the student manages to convince the instructor and conservatory to accept him and approve him for the special scholarship.

However, he never finds out he is accepted….

…because his girlfriend at the time whom he had been dating for 5 months, saw the email of acceptance that was sent to him, and deleted it. 😲 After that, she forged an email from the conservatory telling him that he was NOT accepted, and then forged another email to mail to the conservatory telling them he refused the scholarship. 😠 The poor guy went on with his life never realizing his girlfriend duped him out of his dream until years later when he had a chance to talk with that famous instructor.

Now before I provide the story link, the reason being given for this action is that the girlfriend was afraid of losing him, thinking he would break up with her. I don’t believe this to be the case. I think it has more to do with the actions of someone psychotically jealous of his abilities.

But can you imagine how angry he must be feeling when he found out? She sabotaged his entire career! 😠 What a betrayal, by someone he would never have expected it from…..so disturbing!

McGill music student awarded $350,000 after girlfriend stalls career

https://www.cnn.com/2018/06/15/us/dream-school-false-rejection-letter-trnd/index.html

 

Case 2:

Divorced man marries woman, then after a while, starts cheating on her with other women, one of them being his ex-wife. 😲  Man runs into debt problem and looks for a way out. His solution? Arrange for his wife, the MOTHER of his two kids, to have an “accident” so he can collect on her life insurance which will also free him up to pay off his debt and chase other women. 😠 Fortunately for the wife, her guardian angel was looking out for her. He tries once, fails, tries again, and this time his misdeeds are exposed.

https://www.npr.org/2018/06/16/620531854/former-british-army-sergeant-sentenced-after-parachute-murder-attempt-of-wife?utm_medium=RSS&utm_campaign=news

 

Sure, some people are evil, but for people to betray someone they supposedly pledged their heart to is especially depraved. At least these two cases had positive outcomes for the victims.

Fox News Online Goes Full Fake News/State TV/GOP Cheerleader Mode: “Trump Sycophantic Syndrome”

Today is election day in several states – lots of news to discuss and lead with:

CNN:

NBC:

MSNBC:

USA Today:

 

Then we have Fox News, who choose to go with this for the bulk of the day:

 

Apparently according to Fox, there is some big news speculation explosion about Melania being hit by Trump that I have yet to see anything about other than on Fox itself.

It’s always been the case that Fox has been pro-GOP, but now it would appear that they have given up any pretense of trying to be “fair and balanced” and have jumped the shark into full-bore cheer leading for the GOP in general and Trump in particular. They rather focus on manufactured/made up demons and fears than deal with the current news if it bears a negative reflection on the Trump Administration.

Fox is claiming other news media is suffering from “Trump Derangement” – but the reality is if Fox is suffering from “Trump Sycophantic Syndrome” at hypocritical levels not witnessed by a nationwide popular multimedia source in modern history.  Try to imagine them making the same level of defense for Obama or another Democrat.

 

More details on this Fox Propaganda Phenomenon:

https://www.vox.com/2018/5/30/17380096/fox-news-alternate-reality-charts

From the article:

“Every night, Fox News paints a picture of reality that Americans outside the Fox News bubble would not recognize.

In Fox News world, the FBI is conducting a witch hunt against President Trump; the Stormy Daniels saga is part of a conspiracy to take down the president; Hillary Clinton’s corruption is still a major threat to American decency; and the mainstream media is ignoring Trump’s accomplishments, like securing the borders, lowering the unemployment rate, and withdrawing the US from bad international deals and treaties. These stories clash with the world that appears just a few channels away on mainstream media outlets like MSNBC and CNN.”

 

Real Life Spider-Man Quickly Climbs 4 Floors Outside Building to Save Dangling Toddler in Paris

Fearless super-heroes most definitely exist and they walk among us…..

Picture this situation:

Mother of a small toddler is not in town and left the child with the father. The father leaves the child alone in the apartment, and the child wanders onto the balcony, climbs rail and winds up dangling over the edge, holding on for dear life, 4 levels up from the street.

There are neighbors on a balcony next door, but railing/fencing limit their ability movement to fully reach/grab the child.

A young man from Mali, Mamodou Gassama, happens to be on the street below and sees all the commotion and that the little child is in grave danger. Then this happens:

Mamodou manages to climb up 4 levels in 30 seconds to be able to pull the child back into the apartment and out of danger.  This is is quite an amazing feat to witness! He immediately sprang into action and risked his own life to save that child.

It’s mind boggling that he had the strength and stamina to climb that far up so quickly. I don’t think Spider-Man could have done it any faster!

 

Here is a picture of this newly discovered Super Hero:

Well Done Mr. Gassama!!!

 

More details in the following articles:

https://www.theguardian.com/world/2018/may/28/spider-man-of-paris-climbs-four-storeys-to-rescue-dangling-boy

http://www.bbc.com/news/world-europe-44275776

 

The Illusion of Competence: What Know-It-Alls Don’t Know — AlterNet

This “illusion of confidence” is now called the “Dunning-Kruger effect,” and describes the cognitive bias to inflate self-assessment. One day in 1995, a large, heavy middle-aged man robbed two Pittsburgh banks in broad daylight. He didn’t wear a mask or any sort of disguise. And he smiled at surveillance cameras before walking out of each…

via The Illusion of Competence: What Know-It-Alls Don’t Know — AlterNet

Hospital Wheels Out and Abandons Disoriented Patient Outside into Below Freezing Temps

In our current medical system where access to medical care is based on whether you can afford good insurance, hospitals run into problems with having to care for patients who arrive and may not have adequate or even any insurance.  Uninsured or under-insured patients put a financial drain on hospitals which cut into the bottom line of profits. If this person is homeless, it becomes problematic on what to do with an uninsured patient. Some ruthless hospital admin have resorted to the act of “patient dumping”, where a hospital will just remove a patient from the hospital and abandon them somewhere on the street.

This latest case in the news shows a guy who captured on his phone a group of Baltimore Hospital staff wheeling a patient out of the building and leaving her at a bus stop in freezing weather wearing only a patient gown. She appears mentally disoriented and unable to respond to the situation.

 

This is the latest horrific example of what happens in a society that doesn’t have universal health care services, and is heartbreaking on many levels. The easy target would be the security guards who threw her out in that condition, but it’s clear they were ordered to do so by someone in admin. Not that the guards are blameless – following orders to put someone helpless in a life threatening situation should be a criminal offense.

The choice we are going to have to make as a society is if this is the type of system we want- survival of the fittest and those who don’t have the financial means to get help are cast aside and ignored, or something more inclusive and humane?

Trump has stated that his “health plan” will stop people dying in the street, but in reality, he had no specific health plan to offer and left it up to the GOP to craft one, and all they did was attempt to gut the current ACA rather than do anything to fix the problem of the increasing uninsured. Had the good Samaritan not intervened, this women could have surely died from exposure.