Shocking Reveal: Many Rich and Powerful Men Have No Game

 

Corporate America, Hollywood, Washington DC, and News Media have been rocked by sexual harassment allegations toppling the giants and household names from those industries.

As the wave of revelations continues, it reveals the toxic culture of workplace environments that allow and make it easy for abuse to take place for decades with the perpetrators having no fear of being exposed to act as a restraint.

What I find equally shocking, is the mythos of rich and powerful men being assumed to be masters of wit, charm, and seduction has been shattered.

The movies always typically portray the rich handsome villain being able to seduce even the most resistant woman to have her starting to pursue him by using his highly refined grace, wit, guile, and charm. The “movie prototype” never has to force himself on a woman, his romancing skills are legendary that can’t be resisted for long.

Now current events lift the curtain to reveal that many of these mega rich men in real life have absolutely no game at all. In fact – it’s so bad/pathetic, they may as well be considered to have negative game.

You would think with the wealth and power at their disposal, they would be able to attract many interested women without needing to resort to predatory sex assault behavior.

Yet, it seems the consensus of the majority of these guys was that dropping their pants and exposing themselves was a “genius” move sure to put any woman in the mood. It’s absolutely amazing how many of these men thought that exposing their private parts was a good move. It’s like any kind of social training and norms are chucked out the window in favor of the most direct, crudest approach they can think of.

Having been outed, these guys now half-apologize – never fully acknowledging their horrible actions by saying there were “misunderstandings”. There’s nothing to “misunderstand” about them exposing themselves to their subordinates, acquaintances, and coworkers. There doesn’t seem to be any misunderstanding when they can see tears running down a woman’s face as they are being groped or worse- yet they continue.

What’s closer to the truth may be these guys had zero intentions of using any type of romantic charm, and just derive pleasure from forcing themselves onto women who they know have no interest in them. They are nothing more than rich predators abusing their power in the worst ways possible.

 

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Fare Thee Well AIM – The Venerable Messaging Service Signing Off Permanently in December

 

Back in the early days of the commercial internet when smart phones didn’t exist and phone texts were being changed at 10 cents a pop, AIM was the bright beacon of desktop social messaging.

Who can forget the telltale “message sent” and “message received” sounds…”doodle-deet!”….”deedle-doot!”

Time and technology marches on and now sending a text is free and standard to all phones as well as other numerous messaging apps now available.

Here’s an interesting thought exercise – for those who used AIM- do you remember the last time you used it – I sure don’t!

 

Having outlived its popularity and usefulness, they decided to call it a day- that exact day being December 15, 2017.

http://time.com/4972583/aim-ending-reactions/

 

Absolute Proof that Fox News is Just a Partisan Hack Propaganda Wing of the GOP

Today’s big bombshell news was that report from the Washington Post that Trump shared classified intel with the Russians.

All the online main news agencies are leading with this….

That is…all except for FoxNews.

Let’s take a look:

Here’s ABC News:

 

CBS News:

 

NBC News:

CNN:

Bloomberg News:

 

MSNBC News:

 

BBC News:

ALJazeeraNews:

 

Everyone has their focus and lead on the main news of the day….

Then we get to FOX NEWS:

 

Hey, good to know that Fox has its priorities right in highlighting their version of  MAIN NEWS LEAD OF THE DAY….at least in their opinion. =)

Fair and Balanced—what nonsense!

Can you imagine how big their focus would be if this was done by a Dem Pres? They may as well be called American Pravda.

Fox News = Fake News

 

Good Read on the Rise of Automated Systemized Trading/Investing Vs Humans

We can see the effects of automation all around us and how it is impacting the job market. The advent of self driving cars will soon be upending the taxi industry. What many people may not be aware of is automation is moving into many job categories previously thought to be “robot proof”. There are inroads being made in law with automated systems replacing the tasks done by paralegals. Robots can now perform complex surgeries that most thought could only be done by a human doctor. Some news articles are now being generated by computer, and the list goes on…

The trading and investment industry has certainly not escaped this phenomenon. Discretionary traders and portfolio managers are under pressure from automated index funds and system trading programs that are proving to be superior, at least under current market conditions over the last few years.

Here’s an interesting read on the rise of automated systems squeezing out human traders:

https://www.linkedin.com/pulse/revenge-humans-how-discretionary-managers-can-crush-leigh-drogen

 

 

SpaceX Executes Historic Reuse of 1st Stage Booster Rocket

History was made on Thursday, 3/30/17,  when billionaire/genius/entrepreneur Elon Musk and his company, SpaceX, successfully reused a first stage rocket booster that was part of a prior launch.

Up until this point, when rockets carried up satellites or other payloads into space, the stages of the rocket were deemed disposable as no one knew how to get them back undamaged. The problem with this was that the first stage of the rocket is also the most expensive component. It’s like having to throw away a jumbo jet airplane after just one use.

The technology of SpaceX changes that with the ability to reclaim and reuse the 1st stage. After several successful retrievals of 1st stage components guiding themselves back to a launch pad on Earth via AI/GPS, this was the first time one of them was actually reused on a new flight mission.

This is a game changer marking a significant reduction in space travel costs.

Article can be seen here: http://www.npr.org/sections/thetwo-way/2017/03/29/521941656/launch-land-launch-spacex-tries-reusing-its-rocket

 

Video of launch/ 1st stage return:

 

 

 

Trump and Ryan Get Served Humble Pie as Obamacare Repeal/Replace Juggernaut Crashes into Tea Party Ice Berg in Shocking Defeat

The Trump Administration has been on a legislative rampage since inauguration with numerous controversial executive orders and the first big planned legislative event was the repeal and replacement of the ACA otherwise known as Obamacare. They seemed intent on maintaining a high level of momentum and speed in executing their agenda.

All this came to a screeching halt on Friday as the much hyped Trumpcare/Ryancare Bill meant to replace Obamacare was pulled from the planned vote in an embarrassing defeat as there were not enough votes for the Bill to pass.

 

The implications and level of this failure are quite astounding. The GOP has voted to repeal or amend Obamacare 54 times while Obama was in office. There was never a problem getting those bills passed in the GOP controlled House during Obama’s term.

Now that the Republicans control the Presidency, House, and Senate, the failure of the House to pass a bill puts the GOP is a bright “Emperor has no clothes!” spotlight. The obvious conclusions are:

  1. The Republicans NEVER had a true working plan to amend/repeal Obamacare. All those consensus votes in the past were a FRAUD knowing the bill would fail in the Senate or be vetoed by Obama. Now that they know their Bills will really go into effect, everyone is no longer on the same page.
  2. The Republicans had seven years to develop a working replacement plan but have NOTHING to show for it. Think of all the taxpayer time and money wasted in their fake “repeal” bills put on just for show.
  3. The GOP is very good at opposing the Democrats, but come up short at the task of governing and building consensus. It’s far easier to be disruptive than creative.

The inside story is that White House Chief Strategist Steve Bannon thought he had power he didn’t have when he tried to force rebelling Republicans to get in line and vote “yes”, and their reply was basically:

 

 

As for Trump, his aura of invincibility along with his winning streak for successfully bucking the system has come to an end. All the “Business mastery” bravado and supposed “Art of the Deal” expertise have met their match at the hands of rebelling fellow Republicans.

It became all too clear that electing a person with no prior political experience or expertise to the highest office in the land comes at a cost.

 

 

Nobody knew healthcare could be so complicated?? Actually, anyone with any experience or who paid ANY attention at all to the healthcare problems over the past few decades knew it was a complicated issue. You would have to be supremely arrogant or naive to think you could just walk into a problem you didn’t research or have any background knowledge in and think you would come up with an “easy” solution.

 

When met with this failure, does Trump own up to it and accept the loss like Paul Ryan did? Nope, he pointed the blame away from himself:

 

It’s beyond absurd to blame the Democrats when The Presidency, House, and Senate are controlled by Republicans and they are trying to pass a law that goes against the healthcare package the Dems created. Why would the Dems support a bill that replaces their own law with a much WORSE substitute? That’s like your boss asking you to vote to cut your pay in half, and then complaining that nobody agreed to it.

He’s also now saying he never said this bill was a top issue and that he never said he’d do it quickly- another LIE:

Does Trump have amnesia that EVERYTHING he says to the public is recorded?

Some folks will blame The Freedom Caucus – the group of Republicans that voted against the bill, but in truth, they were just keeping the GOP to their word of repealing Obamacare rather than amending it. They wanted it eliminated entirely as the GOP said they would do time and time again. The GOP was once again burned for making promises they knew they couldn’t keep.

There’s a clear obvious reason the GOP backed off fully repealing Obamacare – many of their constituents would be be impacted and lose their health insurance. That would have bad consequences for them come election time.

The GOP healthcare bill was built on arrogance and the desire to cut taxes for the wealthy rather than try to obtain low cost effective healthcare for all. They didn’t try to work with the Dems for their input or seek advice from the American Medical Association, American Hospital Association, AARP, and a host of others who are opposing this fault ridden bill.

Some of the biggest problems of the bill:

  1. Does NOTHING to address rising costs of health care services
  2. Reduces subsidies for most and especially the elderly – the folks who will most likely need medical attention
  3. Allows insurers to hike up costs for those over 50 up to 500% of what is being charged to younger people. Obamacare capped top rate to 300%
  4. Eliminates all essential benefits like preventative care, prescription drugs, maternity care, addiction help, etc.. This basically allows insurers to sell you pieces of paper that say “insurance”, but cover very little so you come up snake eyes if you ever need to use it.
  5. Eliminates Federal funding of Planned Parenthood. Even though no federal funds are used by PP for abortions by law, the ACHA tries to mandate moral agenda by forbidding PP to conduct any services regarding abortions if they wish to continue to receive funding- funding that now goes to women’s health care like mammogram screenings.
  6. Removes “mandate” to buy insurance while keeping the rule that no preexisting conditions can be excluded. This is a recipe for disaster as people will only now sign up if they get sick, and insurers stand to lose billions. This alone GUARANTEES skyrocketing insurance rates to cover for these losses.
  7. Gives the wealthiest groups millions of dollars in tax cuts at the expense of everyone else in higher rates/less coverage
  8. CBO estimates 24 million folks will lose their insurance.

As bad as this bill was, the GOP Freedom Caucus still felt this package was “too generous” and wanted even more cuts- to the point where moderate Republicans were now refusing to vote for this.

Trump promised he would fix the health care problems, but this bill makes things far worse. Makes you wonder if he even took the time to read it.

Now he says he will just let Obamacare implode on it’s own- walking away from the problem like a quitter instead of a dedicated elected official trying to help those who elected him into office.

Why not work to repair Obamacare to solve the problems instead of trying to just slap together a toxic inferior replacement? The answer is they want tax cuts more than they want to create a true working and acceptable healthcare plan. Thanks to the numerous angry town halls of their own constituents yelling at them to come up with a REAL solution or leave Obamacare alone, they knew they’d be in big trouble if they went ahead with this “repeal/replace” charade.

Former Speaker of the House John Boehner’s speech on Obamacare now fits the Republican American Health Care Act (AHCA) like a glove:

 

 

Republicans now OWN the healthcare issue and pressure needs to be kept on them to provide a solution that works for the majority, not just their wealthy elite donors.

 

Home Office Horrors: When Kids Attack!

Working from home is widely considered a blessing since the commute is just a few seconds and all your comforts are close by. Few workers are allowed this special privilege.

However, the situation isn’t without some problems. One would be the loss of daily contact/camaraderie with one’s corporate co-workers. You could feel left out of the main loop of activities.

Another is when any issues in the home affect your ability to do your job- such as having your kids decide to crash your prim and proper BBC televised interview. 🙂

The following shows the comical outcome of such a situation and the mom’s response only adds to the hilarity.

 

Ingenious Day Trader Scam

This is a crime where you have to think for a bit to figure out who the “victim” is…

A day trading firm who also ran a “virtual trading” platform where folks could practice trade on a market that mirrored the real thing, must have gone through the following thought process:

“Hmmm, we know that greater than 90% of all day traders fail and lose their money. Therefore if we trick them into trading in our virtual account and make them think it’s the real one- we will also have a greater than 90% chance to make money- as in 100% of the losses the traders make will be ours”.

Of course this breaks all kinds of security and ethics laws, but on the surface, it sounds like it could work as long as they didn’t get good traders on board who actually made money. However, they had a plan for this possibility too- any trader that turned out to be good, they then moved them over to the real account to continue.

So their goal was to recruit inexperienced traders with the lure of “getting rich quick”, and have them lose their money, never realizing that they were in a simulated account.

They wound up making over a million dollars in gains before the SEC caught up with them and put an end to their virtual gravy train.

Here’s the story link:  http://dealbreaker.com/2016/12/day-trading-ponzi-adventure/

 

So who is the true victim here?

The easy guess is the trader who is on the virtual account, but the virtual account mirrors the real market so their losses would have been real regardless. A true victim would have been a trader who made a profit and then tried to withdraw their money from a fake account- but so far there’s no report of any such victims, as the firm moved the few “winners” to real accounts and payed them with the money from those losing.

The actual victims turn out to be the exchanges and market makers that buy and sell the actual stocks and investment products. They make money on the difference between the bid and asking price.

A trading firm typically makes money on order flow and trading commissions per transaction. Since the firm wasn’t actually buying the stock, they were at risk and having to pay out any profits out of pocket- but they were counting on the high probability of traders losing to minimize that risk.

If not for the SEC, this could have gone on indefinitely as long as they didn’t wind up with a bunch of good traders to break the bank.