Gongol.com Archives: July 2018
July 12, 2018
"Americans and their Congress still believe in the transatlantic alliance"
Necessary words from Sen. John McCain, as the President engages in a pattern of behavior that (at best) confuses and frustrates our NATO allies. If this profoundly transactionalist behavior confuses you, that's good: It's bizarre to think relationships are like an Etch-A-Sketch that gets erased every day. As Sam Zell has said, "You succeed or you fail based on who your partners are." That's advice applicable not only in real estate, where Zell made his fortune, but in the world at large.
A 5-month-old baby was left buried face-down in the Montana woods for nine hours until he was rescued by a search team. He survived and has been released from the hospital. If there is but one thing civilization should stand for, it should be that innocent children ought never to be subjected to malicious cruelty or endangerment.
Is a corporate recession just around the corner?
The more fiddling around with accounting statements, the more people should worry that something is rotten in Denmark.
Interest payments on the Federal debt: 1.6% of GDP today -- 7% later
2030 used to seem like a long time away. But if you have a kid born this year, he or she will barely be in middle school by that time. That isn't the long term...it's now the medium-to-short run.
Replacing plastic bags with banana-based packaging
A fantastic example why the old moniker of "developing" countries is really misleading. The global middle class is growing fast -- and innovating -- and that's a very good development. More people capable of living lives with a little bit of room for comfort means not only a direct improvement to the human condition (which we should cheer!), but also spillover effects for the rest of the world. The United States was massively innovative at a time when it was still in many ways a "developing" country. Innovations have a way of finding their way to the rest of the world speedily, so the more people who have the capacity to experiment and try out new ideas, the better for everyone.
The move towards LED streetlights (as opposed to yellow sodium lights) is a welcome upgrade
Corporatism is just another form of socialism
Don't fall for any of the ugly cousins in this family
Move to Australia, then move out of it
A new story about the "micronation" boom in Australia teases the claims some people make to having their own states-within-a-state. It's silly, and it's definitely not the wave of the future -- but we should take seriously the more realistic prospects for city-states to re-emerge in the 21st Century.
We welcome our robot (mower) overlords
But what if the first people to get them are also the ones who had the best suburban diagonals? We'll miss it when it's gone.
