Do you remember the White House Correspondance Dinner when Pres Obama mocked Donald Trump over the trivial nature of his role on The Apprentice? Now the joke is on Obama.
We are witnessing how "The Donald's" experience with vetting is coming into play. Most Presidents in the past have filled their Cabinet picks in a highly secretive way. Trump candidates are parading in and out of Trump Tower, in daylight, in a manner remeniscent of The Apprentice. The public and the pundits can weigh-in.
Not only was Trump's Apprentice show relevant, so is his 50 years in business, hiring & firing people! Let's see, how many job positions did Obama fill BEFORE he was President? You got that right! Trump darn well knows how a Meritocracy works! And, he knows when someone is NOT DOING THERE JOB right and needs to hear "YOU'RE FIRED!"
Mothballing Federal programs - what a wonderful fresh concept in Washington where government programs are practically never shut down! Oh, and after ~20 years of paying someone for unproductive paper pushing, there is a lifetime of pension and health care benefits that taxpayers have to fund as well -- a giant waste!! This is just one of the ways we need to "clean-up Washington." I just hope we don't overlook the military budget, especially foreign bases!
Right now all the attention is on the positions Trump is filling. But one of most positive aspects that we will soon have a long overdue pleasure of witnessing is the end of useless and wasteful operations and programs in the Federal Government. The public is very used to seeing private sector businesses packing boxes and shutting their doors when the market for what they offer vanishes or the business fails to perform. Creative destruction is the natural order in a free market capitalistic system.
God bless the American way of Capitalism - the most successful system the world has ever known for raising the standard of living. It is high time for a wave of creative destruction in Washington! Something we would not see if HRC was elected.
I write to think. I speak my mind in order to help organize my thoughts. Take it or leave it. (I make no claim to any the graphics on this blog.)
Friday, December 9, 2016
Thursday, December 8, 2016
Riding the Pendulum
24 year old Tomi Lahren is brutally cynical. Ouch! And she gets why conservatives, republicans, and moderate democrats altered the direction of our nation politically, socially, and economically. We are experiencing an enormous inflection in America. Like a pendulum that just reached the maximum distance in one direction and is crashing back toward the alternate side.
One can argue that OBAMA IS THE BIGGEST REASON FOR TRUMP'S WIN. Obama increased the energy in the pendulum by lifting the arc high to the left. Which means the energy in the swing back to the right will be dramatic. And by early indications it is going to be!
In a state of equilibrium, the pendulum would rest in the center. There would be less volatility. And America would elect a centrist -- A President supported broadly by both left and right. This won't happen till energy is exhausted, from both sides. So not any time soon .... It seems to take 8 years, two presidential terms, to make a round trip. Hold on everybody, cause it is going to be a hell of a ride! For those facing forward it is fun. For those facing backwards, it is scary as hell. As Tomi Lahren likes to say, "she is your worst nightmare."
One can argue that OBAMA IS THE BIGGEST REASON FOR TRUMP'S WIN. Obama increased the energy in the pendulum by lifting the arc high to the left. Which means the energy in the swing back to the right will be dramatic. And by early indications it is going to be!
In a state of equilibrium, the pendulum would rest in the center. There would be less volatility. And America would elect a centrist -- A President supported broadly by both left and right. This won't happen till energy is exhausted, from both sides. So not any time soon .... It seems to take 8 years, two presidential terms, to make a round trip. Hold on everybody, cause it is going to be a hell of a ride! For those facing forward it is fun. For those facing backwards, it is scary as hell. As Tomi Lahren likes to say, "she is your worst nightmare."
Tuesday, December 6, 2016
Would You Choose, A or B?
Which would you choose, A or B:
A) Giving a person, through public assistance a tiny percentage of what they could have made if they had a better job, but NOT the job itself
Or
B) Creating better job opportunities for a poor or unemployed person so they have less need for public assistance
A) Sending $100 to the Federal Government in order to return $70 of your money to state and local benefit
Or
B) Sending $75 to state and local government and keeping the other $25 in your pocket but cutting the Federal government out of the process, even if this results in Federal employees losing their government jobs
A) Putting more responsibility on the Federal government to give out money to help the needy
Or
B) Putting more responsibility on the Federal government to create a conducive environment for the private sector that creates opportunities which lets people to help themselves and reduces the need for Federal assistance
A) Giving $1000 to the Federal government to do all they do, including help the poor
Or
B) Giving $1000 to a church or temple specifically to help the poor
A) Continuing the flow of illegal immigration
Or
B) Giving more opportunities for people to come to America legally who have a greater likelihood of contributing to our society and desire to assimilate into American culture, but decreasing the flow of illegal immigration
A) A person who came to this country illegally has just as much right to be here and to recieve a free public school education and other benefits, even if they do not pay income tax
Or
B) A person who applies for the legal right to come to America and meets Federal requirements has a greater right to be here and receive benefits than an illegal aliens
A) $100 billion in the hands of the Federal government will create more jobs, create more wealthm and contribute more to the GDP
Or
B) $100 billion in the hands of the private sector will create more jobs, greater wealth in America, and contribute more to the GDP
A) Increasing regulations in order to discourage bad behavior
Or
B) Decreasing regulation in order to encourage good behavior
A) Women's health issues are more important than Men's health issues
Or
B) Men and women's mental and physical health issues are equally important
If you chose mostly A's you are most likely to be a Liberal Progressive Democrat. You are less moderate or centrist, and more likely to have supported Bernie Sanders and his concepts about Democratic Socialism than any of the Republican candidates for President and the GOP platform
If you chose mostly B's, you are most likely a racist, anti-semitic, misogynistic, Islamophobic bigot. And a Republican.
Want to know what I think? Watch this because it comes very close! (Once you get to the video, slide forward to get past the waiting period and up to the speakers.)
A) Giving a person, through public assistance a tiny percentage of what they could have made if they had a better job, but NOT the job itself
Or
B) Creating better job opportunities for a poor or unemployed person so they have less need for public assistance
A) Sending $100 to the Federal Government in order to return $70 of your money to state and local benefit
Or
B) Sending $75 to state and local government and keeping the other $25 in your pocket but cutting the Federal government out of the process, even if this results in Federal employees losing their government jobs
A) Putting more responsibility on the Federal government to give out money to help the needy
Or
B) Putting more responsibility on the Federal government to create a conducive environment for the private sector that creates opportunities which lets people to help themselves and reduces the need for Federal assistance
A) Giving $1000 to the Federal government to do all they do, including help the poor
Or
B) Giving $1000 to a church or temple specifically to help the poor
A) Continuing the flow of illegal immigration
Or
B) Giving more opportunities for people to come to America legally who have a greater likelihood of contributing to our society and desire to assimilate into American culture, but decreasing the flow of illegal immigration
A) A person who came to this country illegally has just as much right to be here and to recieve a free public school education and other benefits, even if they do not pay income tax
Or
B) A person who applies for the legal right to come to America and meets Federal requirements has a greater right to be here and receive benefits than an illegal aliens
A) $100 billion in the hands of the Federal government will create more jobs, create more wealthm and contribute more to the GDP
Or
B) $100 billion in the hands of the private sector will create more jobs, greater wealth in America, and contribute more to the GDP
A) Increasing regulations in order to discourage bad behavior
Or
B) Decreasing regulation in order to encourage good behavior
A) Women's health issues are more important than Men's health issues
Or
B) Men and women's mental and physical health issues are equally important
If you chose mostly A's you are most likely to be a Liberal Progressive Democrat. You are less moderate or centrist, and more likely to have supported Bernie Sanders and his concepts about Democratic Socialism than any of the Republican candidates for President and the GOP platform
If you chose mostly B's, you are most likely a racist, anti-semitic, misogynistic, Islamophobic bigot. And a Republican.
Want to know what I think? Watch this because it comes very close! (Once you get to the video, slide forward to get past the waiting period and up to the speakers.)
Sunday, December 4, 2016
Crazy Ain't So Bad
There are times I feel crazy. Gerald Goodman, PhD, an emeritus professor of psychology at UCLA says. “Believing that you are going crazy is a good clue that you are sane." But I am referring to "crazy" in a somewhat different sense.
Crazy is naturally construed in terms of illness - actual psychosis and a medical condition such as bi-polar disorder or schizophrenia. That is not the crazy I feel. Although, I have experienced a couple panic attacks in my life which gave me pause to wonder and seek advice. What I mean by crazy in the context of this blog post does, nonetheless, have to do with the perception of reality.
People, I find, tend to have a preference for self-supporting or reinforcing their bias. They tend to hang out with people who share a similar world view and follow media and news sources which support their own narrative. Doing so reassures us that our perception of reality is accurate and reassures us that we are right - that we are not crazy.
It stands to reason that we like people who are like us. It is comforting to believe we see clearly and that we are right, So we tend to stay in circles of thought which fit for us and where we fit in. That way we avoid the emotional tension and stressful disonnance that comes from disagreements.
By the same token, there is a difference with being open and willing to engage with people who have very different views than we do, and looking for a fight. Some folks enjoy confrontation. They enjoy the challenge and want to take up the fight. This can be a good thing, especially when it comes to worthwhile cause and related social activism, such as the fight against hunger or hate crimes. But even in situations such as these there can be useful observations to be found and solutions to be gained from the willingness to see other views on the causes.
An example may be helpful for what I am trying to explain. So here is a brief try. Suppose two people agree that poverty which leads to hunger is a bad thing. Those same two people can disagree on a particular solution, such as whether the answer is for the Federal Government to raise the national minimum wage. In such a situation, the person for the increase may perceive the person against the increase to be an evil person who is unwilling to address the problem of hunger. When in reality the person opposed to the national increase simply has different views on the solution.
Back to where I am going with this blog entry ...
When we see things differently, it is enough to make one feel crazy. In other words to feel like our sense of reality is "out of touch." But there are different realities.
Depending on perspective - how two people can view the same paradigm can differ 180 degrees. And a paradigm can be extremely nuanced, so there are multiple levels and possible interpretations. Unfortunately, it seems that today, especially with recent politics, that the divide is greater than I can personally recall. (My general awareness of the greater world I was living in began after the Vietnam War was coming to a close. I suspect the divisions were even greater during that period.)
There is something positive about feeling crazy. And there is something constructive to challenging ourselves to acknowledge and consider views very different from our own.
When we don't leave ourselves open to other possibilities our ability to find common ground between one another is impeded. And we may miss opportunities for solutions. Almost surely we forgo the potential for teamwork and the likelihood is that people work at cross purposes with frustratingly few benefits.
Therein lies an essential and deep problem with society today. The issues today with debt, governments role, foreign relations, racism, healthcare, environment, etc. are extremely troubling. I perceive everyone of these problems to be man made and thus solvable. But they are so large that they will ONLY be overcome if we work together.
The difference between Liberal and Conservative views are stagering. People's minds are made up. We assure ourselves that we are not crazy by convincing ourselves that our perception is correct and the others are wrong, and that there is no other possible way to justify the situation, and that only either a Democratic or Republican approach to problems is right.
Prejudices are made of this. Anger and fear come from this. Hate grows out of this. Obstructionism is the result of this. But finding common ground and mutually workable solutions and teamwork is NOT what comes from it! And that is why our congress and our country and even friends and family members find themselves at odds.
There are times I feel crazy. But I view that as a positive sign that I need to dig deeper to find a better understanding and means to communicate with the other side. And when I have the opportunity, with someone who is open to me, to try to offer another perspective, in the spirit of mutual respect and with a loving spirit.
The very sad and distressing side to this is that there is often a very unfriendly and even hostile reaction to anyone whose views are different. This is not to say that we should tolerate acts of hate!!! But what I do find personally difficult is how harsh people can judge others who see circumstances in the world and have a different interpretation. In an ironic twist, maybe the world would not be as crazy and scary as it is if we each felt a bit crazy and tried to seek a better understanding with greater openess.
Crazy is naturally construed in terms of illness - actual psychosis and a medical condition such as bi-polar disorder or schizophrenia. That is not the crazy I feel. Although, I have experienced a couple panic attacks in my life which gave me pause to wonder and seek advice. What I mean by crazy in the context of this blog post does, nonetheless, have to do with the perception of reality.
People, I find, tend to have a preference for self-supporting or reinforcing their bias. They tend to hang out with people who share a similar world view and follow media and news sources which support their own narrative. Doing so reassures us that our perception of reality is accurate and reassures us that we are right - that we are not crazy.
It stands to reason that we like people who are like us. It is comforting to believe we see clearly and that we are right, So we tend to stay in circles of thought which fit for us and where we fit in. That way we avoid the emotional tension and stressful disonnance that comes from disagreements.
By the same token, there is a difference with being open and willing to engage with people who have very different views than we do, and looking for a fight. Some folks enjoy confrontation. They enjoy the challenge and want to take up the fight. This can be a good thing, especially when it comes to worthwhile cause and related social activism, such as the fight against hunger or hate crimes. But even in situations such as these there can be useful observations to be found and solutions to be gained from the willingness to see other views on the causes.
An example may be helpful for what I am trying to explain. So here is a brief try. Suppose two people agree that poverty which leads to hunger is a bad thing. Those same two people can disagree on a particular solution, such as whether the answer is for the Federal Government to raise the national minimum wage. In such a situation, the person for the increase may perceive the person against the increase to be an evil person who is unwilling to address the problem of hunger. When in reality the person opposed to the national increase simply has different views on the solution.
Back to where I am going with this blog entry ...
When we see things differently, it is enough to make one feel crazy. In other words to feel like our sense of reality is "out of touch." But there are different realities.
Depending on perspective - how two people can view the same paradigm can differ 180 degrees. And a paradigm can be extremely nuanced, so there are multiple levels and possible interpretations. Unfortunately, it seems that today, especially with recent politics, that the divide is greater than I can personally recall. (My general awareness of the greater world I was living in began after the Vietnam War was coming to a close. I suspect the divisions were even greater during that period.)
There is something positive about feeling crazy. And there is something constructive to challenging ourselves to acknowledge and consider views very different from our own.
When we don't leave ourselves open to other possibilities our ability to find common ground between one another is impeded. And we may miss opportunities for solutions. Almost surely we forgo the potential for teamwork and the likelihood is that people work at cross purposes with frustratingly few benefits.
Therein lies an essential and deep problem with society today. The issues today with debt, governments role, foreign relations, racism, healthcare, environment, etc. are extremely troubling. I perceive everyone of these problems to be man made and thus solvable. But they are so large that they will ONLY be overcome if we work together.
The difference between Liberal and Conservative views are stagering. People's minds are made up. We assure ourselves that we are not crazy by convincing ourselves that our perception is correct and the others are wrong, and that there is no other possible way to justify the situation, and that only either a Democratic or Republican approach to problems is right.
Prejudices are made of this. Anger and fear come from this. Hate grows out of this. Obstructionism is the result of this. But finding common ground and mutually workable solutions and teamwork is NOT what comes from it! And that is why our congress and our country and even friends and family members find themselves at odds.
There are times I feel crazy. But I view that as a positive sign that I need to dig deeper to find a better understanding and means to communicate with the other side. And when I have the opportunity, with someone who is open to me, to try to offer another perspective, in the spirit of mutual respect and with a loving spirit.
The very sad and distressing side to this is that there is often a very unfriendly and even hostile reaction to anyone whose views are different. This is not to say that we should tolerate acts of hate!!! But what I do find personally difficult is how harsh people can judge others who see circumstances in the world and have a different interpretation. In an ironic twist, maybe the world would not be as crazy and scary as it is if we each felt a bit crazy and tried to seek a better understanding with greater openess.
Friday, December 2, 2016
What Hineni Means To Me
“Surely the Lord is in this place, and I did not know it."
Jacob's Dream, Genesis 28:10−32:3
Jacob's Dream, Genesis 28:10−32:3
What does Hineni mean to me?
According to Cantor Linda Hirschhorn, Hineni is about the attitude of the entire person - their emotional and spiritual presence.
In the Bible, each time God calls out to the prophets Abraham and Moses, they answer, Hineni (Hear I am), to signify their fully present readiness to respond.
Throughtout life, I believe their are opportunities to hear - opportunities to be present and open to the possibilty that we have the potential to have a life-changing experience for ourselves or someone else. And that by hearing the call, we might offer some solace and inspiration. But only if we say Hineni הִנֵנִי.
Hineni represents the potential we have to change the world - or our world and people around us - through a decision, resolutuion, and actions.
Hineni represents an readiness and attentiveness. It is rooted in the belief the God is in every moment and every place, in the smallest and biggest things. And that it is up to us to notice, to listen, to see the potential that life offers to serve and to be grateful.
Hineni also represents faith and confidence. When we say Hineni, we proclaim our willingness to overcome fear. To act on faith no matter what the odds and despite our limits.
Sunday, November 27, 2016
One Love, One State! Israel.
One Love, One State! Israel.
The "two state solution" solves nothing. It is time to declare one state of Israel with one Capital. One State, from Gaza to the Golan Heights, east to west, where all peace loving people, of all faiths can live together, pray separately, and prosper in a country that guarantees their safety.
Those who want peace, and a better life for the children, it is time to recognize that dividing one of the tiniest countries on the planet, and the only Jewish State in a massive region with dozens of Muslim countries, is not a path toward peace. The "two state solution" is a step toward destruction.
After nearly 40 years since the Camp David Peace Accords, all attempts to make a two state solution work have failed. The people of Israel - Jews, Christians, Muslims, and others - deserve a better life. Children deserve to be raised to love the Land of Israel, to respect one another, and to build a better future together!
Contrast a diverse Israel with the precondition for peace that Abbas and Muslim neighbors have. Watch this short 2-minute Netanyahu video to see what I mean
So on this Thanksgiving I am stepping out and declaring that I have changed my views. For many years I believed in a fantasy. I no longer accept myth that Arabs in the region will ever be satisfied with dividing Israel. I am done dreaming that creating two states will ever be enough for Arab countries to acknowledge Israel's sovereign right to a peace. Today, I believe in "One love, One State. Israel."
-------------------------
Since I made this blog post, I came across this article.
The following article from World Israel News illustrates the hopelessness of a two state solution. All of Iran's agents consire with to destroy Israel. One can not negotiate a true or lasting peace with leaders who have no peaceful intentions.
"The commander of Iran’s Basij force, Brigadier General Mohammad Reza Naqdi, predicted Israel will not exist in a decade.
The "two state solution" solves nothing. It is time to declare one state of Israel with one Capital. One State, from Gaza to the Golan Heights, east to west, where all peace loving people, of all faiths can live together, pray separately, and prosper in a country that guarantees their safety.
Those who want peace, and a better life for the children, it is time to recognize that dividing one of the tiniest countries on the planet, and the only Jewish State in a massive region with dozens of Muslim countries, is not a path toward peace. The "two state solution" is a step toward destruction.
After nearly 40 years since the Camp David Peace Accords, all attempts to make a two state solution work have failed. The people of Israel - Jews, Christians, Muslims, and others - deserve a better life. Children deserve to be raised to love the Land of Israel, to respect one another, and to build a better future together!
Contrast a diverse Israel with the precondition for peace that Abbas and Muslim neighbors have. Watch this short 2-minute Netanyahu video to see what I mean
So on this Thanksgiving I am stepping out and declaring that I have changed my views. For many years I believed in a fantasy. I no longer accept myth that Arabs in the region will ever be satisfied with dividing Israel. I am done dreaming that creating two states will ever be enough for Arab countries to acknowledge Israel's sovereign right to a peace. Today, I believe in "One love, One State. Israel."
-------------------------
Since I made this blog post, I came across this article.
The following article from World Israel News illustrates the hopelessness of a two state solution. All of Iran's agents consire with to destroy Israel. One can not negotiate a true or lasting peace with leaders who have no peaceful intentions.
"The commander of Iran’s Basij force, Brigadier General Mohammad Reza Naqdi, predicted Israel will not exist in a decade.
An Iranian general has estimated that State of Israel will not exist in 10 years and will be wiped out by the Palestinians.
Addressing students on Monday, the commander of Iran’s Basij force, Brigadier General Mohammad Reza Naqdi, expressed his hope that the “notions, thoughts and ideology that led to Iran’s Islamic Revolution would help Palestinians get rid of Israel in the next 10 years,” Iran’s Fars news reported.
He explained his prediction and said the Palestinians would annihilate Israel by 2025 as an extension of Iran’s belligerent policies in the region. He said that the Islamic Revolution helped Iran get rid of the US over 35 years ago, rescued the country from Saddam Hussein and Iraq and helped the Lebanese to get rid of the Americans.
“Considering these developments, liberation of Palestine by the Islamic Revolution is not unlikely at all,” Naqdi said.
On several occasions, Tehran has stated its “principled policy” of supporting anti-Israel terror groups, including Hamas. Iran supports the Hamas terror organization and prefers it over the Palestinian Authority (PA), and has armed it and supplied it with funds to fight Israel. Similarly, Iran support the Lebanese Hezbollah terror organization, which threatens Israel north"
Saturday, November 19, 2016
Predictions - Part II
This post is a continuation of Predictions Part I. Here are more big changes that I see coming.
I should point out that based my past experience, my crytal ball tends to be premature. Therefore, 2017 may be to aggressive of a timeframe. This is not a hedge against being wrong about my prediction, but rather a warning to investors and a reminder to myself that timing of investments is important, and often requires patience, not to mention the need to wait for signs to support taking a position.
While Trump has been battling it out with Obama, House Speaker Paul Ryan has been very aggressively preparing action plans, called "A Better Way" and building support among his Republican and Conservative constituents. The ground work laid by Ryan will prove invaluable in aiding the new President's administration to hit the ground running.
As far as timing goes, markets respond to signals extremely fast. Even more so today, as a result of the speed at which news and other information travels. For gains to be gotten one has to have the courage of their convictions. It is extremely difficult to beat the news, and once it is in the news it is more often than not, already in the market. That is what makes good foresight, vision, and frankly good predictions valuable. So with that said, lets get to my next set of predictions.
Prediction #6:
Derugulation will unleash new competition, which in turn will encourage greater innovation, new choices, and lower costs. One area we will see the benefits is in health care. Among them, changes at the FDA translate in to new drugs and cures. Look for benefits in other industries including education, affordable housing, energy, etc.
Prediction #7:
Welcome to improved relations with Russia. Much has been made of Trumps cozy additute towards Putin, and Putin's alledged prefence for Trump. Almost all the opinions on this subject have been negatitive. I have long seem positive benefits from what I foresee to be a restart of American-Russian relations. I expect Trump's meetings with Putin to happen very early in his Presidency and for it to produce very positive results. I anticipate rapid and tangible actions on both parties parts. Fears will ease. Sanctions will ease. Cooperation will rise. Economies will rise. Living standards in Russia will rise, along with the Russian people's affection for Trump. Trump will be cheered in the streets of Moscow. And Putin will be happy to endorse it. A new era of trade and better relations with Moscow will dawn. All of which will highlight the failures of the Obama administration's and Hillary's foreign-affairs policies. Benefits will spill over and give us greater leverage in negotiations with other nations as well present oppotunities for shifts in our defense strategies, which in turn will reduce threats and allow us to reallocate some defense assets.
Couple this with Trump pressuring many NATO countries to pay a fairer share of their own national defense. Some will chose to contribute to USA defense support, and others will invest more directly in their own military. Either way, this trend will contribute to the financial resource that the USA has to increase the quality of our own defense forces, as well as sales to USA defense contractors.
Prediction #8:
Some manufacturing comes home. Just as much NEW manufacturing starts here. Between the political pressure, reduced regulations, advances in AI and automation, and the growth of the USA economy will all play a part in influencing business leaders decisions to either bring some manufacturing back to the USA and/or not to leave in the first place. Lower Corporate taxes and taxes on repatriating cash will result in USA companies with overseas cash to bring some of those dollars home in order to invest them in the USA. Not all dollars will come back - as American entities use some of that cash to invest overseas.
Prediction #9:
Energy independence is a game changer. By taping all energy options from nuclear, to coal, to natural gas, oil, wind, solar, geo-thermal ... you name it, the potential for USA to become energy independent is in sight. The implications are broad and far reaching. From defense, to stimulus, to jobs, holding down the cost of living, and other benefits, energy independence will reap profound benefits. The losers will be OPEC. All of this is good for Israel! Isn't that nice!
Prediction #10:
Philanthropy is the new favorite place for wealth to go. Political action has had the most attention for quite a while. With the baby boomers retiring and passing away, the desire to influence politics will be less attractive than the desire to heal the world and leave future generations with a better world. Plus, older people are more apt to think about their legacy. Some will desire to find cures for illnesses that they worry may be in the genetic future of their children and grandchildren. As the economy strengthens and even greater wealth accumulates, people will also have a greater means to be generous.
Prediction #11:
The oceans are the greatest frontier on the planet. From new species, findings that will lead to medical discoveries, lost civilizations, amazing natural resources, environmental implications, and more, the potential to be found in our oceans is immeasurable.
BONUS Prediction:
Artificial Intelligence (AI), from the likes of IBM Watson and Nvidia, and others, give America an enormous edge in this field. Impacts to nearly every aspect of life on planet earth are huge and easy to under estimate.
I should point out that based my past experience, my crytal ball tends to be premature. Therefore, 2017 may be to aggressive of a timeframe. This is not a hedge against being wrong about my prediction, but rather a warning to investors and a reminder to myself that timing of investments is important, and often requires patience, not to mention the need to wait for signs to support taking a position.
While Trump has been battling it out with Obama, House Speaker Paul Ryan has been very aggressively preparing action plans, called "A Better Way" and building support among his Republican and Conservative constituents. The ground work laid by Ryan will prove invaluable in aiding the new President's administration to hit the ground running.
As far as timing goes, markets respond to signals extremely fast. Even more so today, as a result of the speed at which news and other information travels. For gains to be gotten one has to have the courage of their convictions. It is extremely difficult to beat the news, and once it is in the news it is more often than not, already in the market. That is what makes good foresight, vision, and frankly good predictions valuable. So with that said, lets get to my next set of predictions.
Prediction #6:
Derugulation will unleash new competition, which in turn will encourage greater innovation, new choices, and lower costs. One area we will see the benefits is in health care. Among them, changes at the FDA translate in to new drugs and cures. Look for benefits in other industries including education, affordable housing, energy, etc.
Prediction #7:
Welcome to improved relations with Russia. Much has been made of Trumps cozy additute towards Putin, and Putin's alledged prefence for Trump. Almost all the opinions on this subject have been negatitive. I have long seem positive benefits from what I foresee to be a restart of American-Russian relations. I expect Trump's meetings with Putin to happen very early in his Presidency and for it to produce very positive results. I anticipate rapid and tangible actions on both parties parts. Fears will ease. Sanctions will ease. Cooperation will rise. Economies will rise. Living standards in Russia will rise, along with the Russian people's affection for Trump. Trump will be cheered in the streets of Moscow. And Putin will be happy to endorse it. A new era of trade and better relations with Moscow will dawn. All of which will highlight the failures of the Obama administration's and Hillary's foreign-affairs policies. Benefits will spill over and give us greater leverage in negotiations with other nations as well present oppotunities for shifts in our defense strategies, which in turn will reduce threats and allow us to reallocate some defense assets.
Couple this with Trump pressuring many NATO countries to pay a fairer share of their own national defense. Some will chose to contribute to USA defense support, and others will invest more directly in their own military. Either way, this trend will contribute to the financial resource that the USA has to increase the quality of our own defense forces, as well as sales to USA defense contractors.
Prediction #8:
Some manufacturing comes home. Just as much NEW manufacturing starts here. Between the political pressure, reduced regulations, advances in AI and automation, and the growth of the USA economy will all play a part in influencing business leaders decisions to either bring some manufacturing back to the USA and/or not to leave in the first place. Lower Corporate taxes and taxes on repatriating cash will result in USA companies with overseas cash to bring some of those dollars home in order to invest them in the USA. Not all dollars will come back - as American entities use some of that cash to invest overseas.
Prediction #9:
Energy independence is a game changer. By taping all energy options from nuclear, to coal, to natural gas, oil, wind, solar, geo-thermal ... you name it, the potential for USA to become energy independent is in sight. The implications are broad and far reaching. From defense, to stimulus, to jobs, holding down the cost of living, and other benefits, energy independence will reap profound benefits. The losers will be OPEC. All of this is good for Israel! Isn't that nice!
Prediction #10:
Philanthropy is the new favorite place for wealth to go. Political action has had the most attention for quite a while. With the baby boomers retiring and passing away, the desire to influence politics will be less attractive than the desire to heal the world and leave future generations with a better world. Plus, older people are more apt to think about their legacy. Some will desire to find cures for illnesses that they worry may be in the genetic future of their children and grandchildren. As the economy strengthens and even greater wealth accumulates, people will also have a greater means to be generous.
Prediction #11:
The oceans are the greatest frontier on the planet. From new species, findings that will lead to medical discoveries, lost civilizations, amazing natural resources, environmental implications, and more, the potential to be found in our oceans is immeasurable.
BONUS Prediction:
Artificial Intelligence (AI), from the likes of IBM Watson and Nvidia, and others, give America an enormous edge in this field. Impacts to nearly every aspect of life on planet earth are huge and easy to under estimate.
Subscribe to:
Posts (Atom)