Archive for the ‘economy’ Category

Cassandras and Dead Canaries. You figure it out.

by baldilocks

As I indicated here, I had been lazy about the leftward descent of California and it took the outrage of California Assembly Bill 5 to get me up off my duff, so to speak.

It began yesterday when I attended a rally in West LA to repeal the bill. It was sparsely attended but the two hours went by very quickly due to several eloquent, fiery and informative speakers like Kira Davis and freelance writer and novelist Kirsten Mortenson. Kira says that the rally had only been planned a few days before it happened.

And, in addition to advising us to contact Gavin Newsom’s office, along with our state senators and assembly critters, one of the speakers provided us with some hair-raising information, which Kira talked about a week ago at Red State:

By now you’ve probably heard at least a little something about California’s shocking new “freelancer” bill that went into effect January 1, 2020. Assembly Bill 5 (AB5) is sweeping and vague but basically it redefines the relationship between employers and employees, effectively ending independent contract work and killing the “gig economy”.  The bill – sponsored by a defiant Lorena Gonzalez (D-80) – was aimed at getting to Uber and Lyft, essentially forcing them to unionize. It is no accident well over 35% of Gonzalez’ (reported) campaign donations come from California unions. With a Democrat supermajority in Sacramento and a feckless state GOP, there was almost no opposition. The bill sailed through and against the hopes of independent workers across the state Governor Newsom signed it into law. (…)

Independent contractors across the nation could soon be suffering the same fate as their California counterparts. A federal version has passed through committee and now sits in the House of Representatives waiting for a floor vote. This is not a drill. This is real. (…)

Somewhere between September of 2019 and December of 2019 someone added an amendment to [H.R. 2474] that was a simple copy and paste of California’s AB5. In fact, it is so awkwardly jammed into the text that it can be nothing other than a literal copy and paste.

We should have known that the U.S. House of Representatives wasn’t just playing Impeachment Inquiry Games during the time in question.

Interesting thing about the rally: there were several entertainment freelancers there who I am almost certain are not conservatives and are definitely not fans of the president.

Did that matter? Of course not. And if there’s anything that can bring left, right and middle together, it’s politicians overreaching directly into pockets. But they are doing more than that.

They aim to hinder free and lawful capitalism. Think about what that will do for the economy should H.R. 2474 see daylight.

Kira:

SURPRISE!

A letter from sponsoring Democrats has already been signed and is sitting on Nancy Pelosi’s desk right now. The date? January 9, 2020. This bill is on your doorstep and no one has said a word. [JAO: See letter at link above.]

If they can cripple the Trump economy, they will do so by any means necessary and as fast as they can.

People from other states heap a lot of scorn on us California conservatives for what we let happen to our state over the decades. But this – and Virginia, and, no doubt, countless other forms of tyranny are happening in your state and our country while you laugh at us.

You better wake up and smell the tyranny. We here in California will fight our version of it; yes, belatedly. But what good will our push-back do if the whole flocking country is AB5’d?

Yeah, the U.S Senate will probably kick it down, but the question remains …

What are your sweet and pristine state legislators up to?

If I were you, I’d find out. Don’t wait around like we did.

Juliette Akinyi Ochieng has been blogging since 2003 as baldilocks. Her older blog is here.  She published her first novel, Tale of the Tigers: Love is Not a Game in 2012.

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Yesterday I went to the wake for Mike Romano the Butcher that I wrote about here.

Mike ran the last butcher shop in Fitchburg, he wasn’t a big pol, a famous celeb or anything else but even with an empty church across the street the parking was impossible, the lines were impossible and from end of the line to the recieving line was over an hour.

Just because a man cuts meat for a living doesn’t mean he didn’t make a difference.


Speaking of making a difference we are now hearing all kinds of “Should the Patriots have traded Brady” talk now that the 49ers are going to the Superbowl to face Patrick Mahomes and the Chiefs.

This is how spoiled people Brady has made people. You have a guy who made it to the superbowl in consecutive years and was one defensive stop by his team from winning two rather than one and people are assuming it would have automatically have happened if someone else was at the helm. To those folks I ask this: How many times has Aaron Rogers gone to the Superbowl? Drew Brees, Peyton Manning, Ben Roethlisberger? The lot of them combined have neither played in as many Superbowls as Brady nor won as many yet are all clearly HOF QB’s.

That’s how hard it is to get to the Superbowl so if you thing that you could just plug in anyone and win ask Andy Reid and Pat Mahomes if they are happy they didn’t have to go through Brady to get to where they are today.


Curt Schilling missed the HOF again this time getting 70% of the vote 5% shy finishing third behind Larry Walker and Jeter who both made it in.

Sports writers are notoriously liberal and they will never forgive Curt Schilling for being an unabashed conservative, particularly in an age of Trump. Next year will be the real test with the weakest HOF lineup in a long time. I have a feeling given the choice between voting in Clemens and Bonds (who finished 4th and 5th & both deserve elevation) or Schilling, the sportswriters will either forgive the steroids users rather than give Schilling the nod, particularly if (ok when) Trump wins re-election.


You’ll not I didn’t write or tweet word on the impeachment trial. Since the ending is a foregone conclusion and the only question is if we will hear from Joe Biden’s son or not I don’t see how it’s worth my time or yours.


Finally Yesterday the President during his speech at Davos noted a long list of doomsday predictions that failed to come true over the last fifty years and also talked about the success of America and his optimism and put it all in perspective:

“This is not a time for pessimism, this is a time for optimism,” Trump said as Thunberg watched from the audience. “We must reject the perennial prophets of doom and their predictions of the apocalypse. They are the heirs of yesterday’s foolish fortune tellers.”

Greta of course game another speech of doom

“Our house is still on fire.” “Your inaction is fueling the flames by the hour.”

Outside the conference center, five helicopters circled like petroleum-hungry vultures.

She chided the jewelry-rattling audience. “You say children shouldn’t worry. You say, ‘Just leave this to us. We will fix this, we promise we won’t let you down.’ ” She paused. “And then, nothing. Silence. Or something worse than silence. Empty words and promises, which give the impression that sufficient action is being taken.”

“Let’s be clear,” Thunberg said. “We don’t need a ‘low-carbon economy.’ We don’t need to ‘lower emissions.’ Our emissions have to stop. And, until we have the technologies that at scale can put our emissions to minus, then we must forget about net zero. We need real zero.”

. I suspect she will still be given plenty of lip service and those trying to retard US energy production will continue to help finance her but in the end people follow leaders, particularly optimistic ones with a record of success so it’s not going to be a surprise on whose message is going to win.

China’s economic troubles

Posted: January 21, 2020 by chrisharper in economy
Tags: ,

By Christopher Harper

As business and political leaders descend on Davos, Switzerland, for the four-day World Economic Summit, Chinese President Xi faces a variety of problems.

Although the press has questioned the gains made by the United States in the first round of a trade deal with China, it’s clear that President Trump made significant inroads.

Under the deal, China agreed to buy an additional $200 billion in American goods over the next two years. The agreement protects U.S. intellectual property, addresses technology transfers, and ends currency manipulation by the Chinese.

It would be premature to applaud the deal UNTIL the Chinese meet these goals, but these steps are the most significant in the history of trade between the two countries.

Noted Chinese expert and author Michael Pillsbury dismissed the attacks on the deal, calling it a “historic agreement.”

He criticized the Democrats. “They said all the things that President Trump said today, but they couldn’t get it done. They didn’t have a strategy on how to bring the Chinese leadership around. Now I’m afraid they’re a little bitter and even embarrassed. Their own ideas have been implemented by Donald Trump, and they can’t stand it.”

Although the deal may help Xi and the economy, the Chinese president faces other financial issues. 

As The Wall Street Journal notes, Xi’s domestic economic policies have stumbled. “He has appeared to choose political reliability over profits and efficiency as he throws his support behind government-owned businesses in the form of subsidies, financing, licenses, and pressure on competitors. Bankruptcies are running higher than ever in China among private companies, which suddenly have less scope to expand,” James T. Areddy writes from Shanghai.

During my travels throughout China during the past five years, I have noticed a growing disparity between the growing middle and upper classes in the cities and the crushing poverty of the countryside, particularly in minority areas. It’s true that the countryside has made gains in the past 20 years, but these are far less dramatic than among the urban elites. 

Furthermore, the much-touted Belt and Road Initiative has hit some significant resistance aboard. One of the features of the initiative was to provide jobs to the Chinese building sector, which faced fewer projects inside the country. Now the international building program faces growing concerns that the developing countries where projects are centered will see mounting debt to finance the programs. That means fewer jobs for Chinese workers outside the country. 

President Xi isn’t likely to face any serious challenges from inside the Communist Party. Still, the international community will note how his once-gleaming economic acumen has lost much of its luster. 

Why I Stayed in California

Posted: December 28, 2019 by julietteochieng in economy, personal, politics, Uncomfortable Truths
Tags: ,

by baldilocks

Two reasons: family and church. One reason remains.

I wanted to leave California in 2006, but I didn’t because I couldn’t convince my then 85-year-old great-aunt to sell her home of 50 years and move to New Mexico, where the majority of our family lives.

My aunt passed away in 2012 and it’s easy to place “blame” on a person who isn’t here to give her side of the story, but I’m not the lone person who was trying to convince her to move. Neither of us couldn’t convince my aunt that California was sliding down the tubes, or that it would be tough for one person to take care of her if/when her health begin to fail. It lead to a lot of familial acrimony for a number of years.

In the end, I did take care of my great-aunt – mostly by myself – in her declining years. And yes, it was tough. But I’m glad I did it.

My aunt left her house to me, but she had taken out a reverse mortgage on it, so you can guess what happened. I tried to keep the house for two years, but I couldn’t.

So, when the time came to leave the house – in December 2014 – I had a choice to make: move to NM or stay. But if I stayed, where would I live? That was a question for God to answer, so I asked Him. Right afterward, the pastor at the church I’ve been attending since 2003, made this general plea to the congregation: “I know what’s happening with the economy, especially here in California, but I need you to stay and help this church get the Word out.”

There was my answer.

I knew then – at the beginning of 2015 – that this would involve homelessness. So, I said to God that if He wanted me to stay and be homeless, I had some requests: that I would not be on the street or be hungry, and that I would have a clean, safe, and temperature-controlled place to sleep, shower, and you know the rest.

In my nine months of homelessness during 2015, He held up His end of the bargain and continues to do so.

Should I stay any longer? Here’s the thing: we conservative Californians who stayed let this happen to our state. Others got out early and who can blame them? I wanted to do it, too. But it seems to me now that running away is a two-edged sword. We did nothing and now we will continue to do nothing and are slinking away.

I still want to have the option of leaving here in 2020, but not without putting up a fight. Simply, I want to be able to throw my belongings in my 18-year-old car and bounce on cue, but until I’m able to do that, I don’t want to sit here and just take it while California’s Organized political Left continues to herd the state’s middle-class resisters to its borders.

Also, I really don’t want to leave my church. I could still be a member via the magic of the Internet, but it won’t be the same.

One might say that I didn’t get wound up about California’s plight until it affected me personally, and one might be correct. But that means that it’s time to change. If there are only a few left in California who are willing to speak for me, it is what it is. And I can still speak — and take action — for myself.

Also, as we know, California’s Organized Leftism is spreading to other states, often riding in the car with former Californians as they take their liberal political mindsets to places like Colorado and Texas. It’s like an airborne pestilence.

So, for now, in spite of California Assembly Bill 5, I’m going to continue my regularly-scheduled posting here at DaTechGuy Blog – Tuesdays and Saturdays — until I can’t.

I do have a fund-raising campaign going on Facebook: Prep for Possible CA Exit.

You’ll note that I left open the possibility of staying and I’m doing that because I think that 2020 will be a year of big surprises for the entire country. California may be one of those surprises and if I can be a part of the change in direction for California at least for a few months of the upcoming year, I’m going to do what I can. I’ve been stagnant for too long.

If you’d like to help me be ready for mobility, you can contribute at the Facebook link or below at my Paypal link. But even if I don’t get another dime in this campaign, I’m done sitting around waiting for my beloved home state to fall.

And I know for a fact that God rewards action.

NECESSARY READING: My Vox Problem

Juliette Akinyi Ochieng has been blogging since 2003 as baldilocks. Her older blog is here.  She published her first novel, Tale of the Tigers: Love is Not a Game in 2012.

Follow Juliette on FacebookTwitterMeWePatreon and Social Quodverum.

Hit Da Tech Guy Blog’s Tip Jar !

Or hit Juliette’s!