The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label workers. Show all posts
Showing posts with label workers. Show all posts

Saturday, July 23, 2016

Pokemon Go: One of the best investments in history is about an application that produces nothing

You know that your society has reached the point of sheer affluence when one of the best performing investments in history comes from the creation of a virtual application that produces nothing of real value.

Today, more people could tell you what Kanye West's secret recording of a conversation with Taylor Swift was about than can name the new vice-presidential candidate under Donald Trump.  This is because the synergies that combined the fear of starvation with the ambition to succeed are no longer prevalent in our society, and time better spent on producing tangible goods and services has been replaced with the drive to simply be entertained.

Following the release of the newest global fad Pokemon Go, the Japanese company that had been wallowing in mediocrity for close to a decade suddenly skyrocketed to an all-time record market cap, and in the course of 10 days became one of the greatest investments in history.

All because of a virtual application that turns human beings into programmed zombies.

And when it comes to those who stand to profit from said Pokemon mania, nobody is a bigger winner than Nintendo which less than two years ago became a part-owner of Niantic creator Pokemon Go. 
We only have to look at the move in the stock price of Nintendo, which in just the past two weeks has more than doubled its market cap to over $42 billion, gaining some $22 billion in market cap. 
To calculate the return, let's generously assume that Nintendo was responsible for the entire $20mm initial investment (it was probably less). What a simple XIRR analysis reveals, is that the $22 billion boost in market cap relative to the $20 million initial investment is nothing short of a mindblowing 1,550,000% IRR, or a cash on cash return of 110,000% in less than one year. - Zerohedge

So in the near future when robots take over the jobs of an expected 15 million American workers, don't fret!  Because it will give them even more time to spend chasing around virtual pets on our nation's highways, over mountainous cliffs, and even along the edge of Hoover Dam.

Friday, June 10, 2016

For workers, forced minimum wage hikes equals unemployment

Following a number of U.S. municipalities forcing through legislation to raise the minimum wage either towards or to the goal of $15 per hour, early results from these controversial policies are in.  And as expected by most logical analysts, the artificial push in higher wages is leading to massive layoffs and higher unemployment.
In Washington D.C., where the district supports the seat of American government and where the minimum wage was raised from $8.25 per hour to $11.50, on average half of all D.C. employers have laid off workers since the legislation for higher labor costs was implemented.
owejob
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Tuesday, March 29, 2016

America’s economic decline: 23% of all 23-54 year old workers unemployed

Imagine a family farm, which is run by two older patriarchs and the families of their offspring.  Now picture that the total amount of potential workers living on that farm is 6 out of a total of 10 people living there, with two being the elder parents, four being their two children and their wives, and the other four being grandchildren too young to account for much in labor.
Now imagine that one of the four adult children is unable to be employed because the patriarchs can’t afford to pay for their labor.  And added to this is the fact that the two ultimate parents have limited capacity to work and are available only part time.
This is a microcosm of the American labor system today.  And this example is validated by a new report out that shows that nearly one fourth (23%) of all able bodies Americans between the ages of 23-54 are unemployed, and offering little in the way of production for the overall U.S. economy during the prime capacity of their working lives.
Americans In Their Prime Working Years Not Working
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Monday, November 9, 2015

Walmart greeters +378,000, student loan ridden Millennials 0

It’s that time of the month again when the Hopey and Changey economic recovery gets to spin the jobs numbers for more political points.  And with today’s massive blowout over what most analysts forecast for new jobs created on Nov. 6, the world is right once again, and there is nothing to worry about in the economy.
Well, perhaps not so fast.
When we take a look at October’s job numbers, which came in at a whopping +271,000, we see a scary dichotomy that is sure to make student loan ridden millennials cry in their sleep.  That is because not only did the majority of new jobs (378,000) go to workers in the age range of over 55, but workers in the current generation lost 35,000 jobs making it a zero sum game for those ever wanting to pay off their loans and one day even dream of buying a home.
Graphic courtesy of Zerohedge
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Wednesday, September 14, 2011

Nearing the end of the Social Security ponzi scheme

A ponzi scheme is where a program or con must depend upon future contributions to pay those who contributed earlier in the game.  ie... because the US government spent over $3 trillion from the Social Security trust fund in the past 4 decades, the only way it survives is by taxing todays generation of workers.

A new report by the Census Bureau however, shows that the jig is almost up as the amount of people working comes out to a ratio of 1.75:1 for every recipient of government largesse.

There were only 1.75 full-time private-sector workers in the United States last year for each person receiving benefits from Social Security, according to data from the Bureau of Labor Statistics and the Social Security board of trustees.
 That means that for each husband and wife who worked full-time in the private sector last year there was a Social Security recipient somewhere in the country taking benefits from the federal government. - The Patriot Update
So soup for you!
We can all thank the Baby Boomers who proudly voted in scoundrels to propagate the never ending growth of the welfare system.  Now however, as they retire, the younger generations may seek to exact their revenge in a soon to be economic class war.