Service To Be Restricted

There has been lots of talk about the possibility of the internet could become limited and even censored…..some of these are great conspiracies and again maybe not so “out there”…..

Comcast is about to makes its residential internet service a lot more like smartphone data plans for millions of customers, the Washington Post reports. Starting Nov. 1, Comcast will be capping the internet usage of customers in 18 markets—including 12 whole states—at 1 terabyte. According to Ars Technica, Comcast has had a data cap in place in some markets since 2012. For Comcast customers who exceed the 1TB monthly limit, Comcast will charge a $10 fee per additional 50 gigabytes up to $200. To avoid the data cap, customers can either pay an extra $50 per month for unlimited data or $300 per month for Comcast’s Gigabit Pro fiber-optic service. A list of markets that will be impacted by the data cap is here.

Comcast claims the data cap is “based on a principle of fairness”—the people who use the most internet will pay the most for it. But Engadget argues that doesn’t make complete sense, as in only the most extreme cases does someone using more internet impact anyone else’s internet usage. A Comcast executive has also acknowledged that the data cap is a “business policy,” not a technical necessity. Comcast says 99% of customers don’t use more than 1TB of data—enough to stream up to 700 hours of video or play 12,000 hours of online games—per month. But that may not be true for long, with the increasing prevalence of HD and 4K games and videos that use more data.

Is this just the beginning?  Were all those conspiracy nuts being prophetic?

The Economic Impacts of Removing Unauthorized Immigrant Workers

Every election has its diatribes about all those sneaky immigrants and as usual this one is no exception……..but this time the debate seems to be more “nasty” for lack of a better word.

The promise of one of our 2016 elections has promised to “rid” the country of all those “illegals” and the off-spring……a great applause line and possible vote generator….but is it realistic?

Is that a wise promise to try and keep?  Economically, that is?

The United States as a whole, as well as each state, stands to suffer widespread economic losses under a policy that removes unauthorized immigrants.

In every state and in every industry across the United States, immigrants—authorized and unauthorized—are contributing to the U.S. economy. Immigrant labor and entrepreneurship are believed to be powerful forces of economic revitalization for communities struggling with population decline. Estimates suggest that the total number of unauthorized immigrants currently residing in the United States is approximately 11.3 million, or about 3.5 percent of the total 2015 resident population of 324.4 million. Of those 11.3 million, we estimate that 7 million are workers. What is the economic contribution of these unauthorized workers? What would the nation stand to lose in terms of production and income if these workers were removed and returned to their home countries?

The main findings of this report are as follows:

Source: The Economic Impacts of Removing Unauthorized Immigrant Workers | Center for American Progress

If this study is accurate……just how will this loss be offset?

Or is that a plan that is secret until after the election?

Endless War, Endless Greed

Anyone that visits this site already knows just how much I dislike the M-IC….these toads start wars for one reason only….profits.  I know…I know most of this post is common knowledge….but we Americans need things hammered into our minds before we grasp it.

After reading this piece my hatred is just strengthened…….shameful to use the violence of war to make a buck…..and pathetic to use American lives as their cash account……

These days, lamenting the apparently aimless character of Washington’s military operations in the Greater Middle East has become conventional wisdom among administration critics of every sort. Senator John McCain thunders that “this president has no strategy to successfully reverse the tide of slaughter and mayhem” in that region. Anthony Cordesman of the Center for Strategic and International Studies bemoans the “lack of a viable and public strategy.” Andrew Bacevich suggests that “there is no strategy. None. Zilch.”

After 15 years of grinding war with no obvious end in sight, U.S. military operations certainly deserve such obloquy. But the pundit outrage may be misplaced. Focusing on Washington rather than on distant war zones, it becomes clear that the military establishment does indeed have a strategy, a highly successful one, which is to protect and enhance its own prosperity.

Source: Endless War, Endless Greed: The Pentagon Is Lining Its Pockets with Taxpayer Dollars | Alternet

Where does this all end?

I apologize if I sound like a stuck record…but I will continue this pursuit as long as the American public turns a blind eye to the real reasons for all these conflicts that the government feels we MUST fight.

Miners Not Minors

Another Sunday and another day to just kick back and enjoy the people around me….unless the world ends I will not be posting anything like the stuff I do during the week….take some time off and enjoy life…..and argue with my daughter and granddaughter…..cannot think of a better way to spend my day……

I have heard the next “Last Frontier” will be space and especially the minerals and stuff that is found there…..the first out there will make a fortune and become the stuff of SciFi novels and movies……(think the “Expanse”)…….

News this past week makes the idea of space mining just a little more like reality….

A prospective asteroid mining company has taken a major step towards beginning operations in the next 10 years. Deep Space Industries (DSI) has announced plans to launch a demonstration spacecraft to test some of the technologies that will be needed to find and utilize asteroid material.

Now, asteroid mining is probably something that still feels like it’s far off in the future at the moment. But last week, DSI said that it will partner with Luxembourg (via their Space Resources initiative) to develop the various technologies needed to start asteroid mining. The first result of this partnership is a spacecraft called Prospector-X, which is a small vehicle that will be launched into low Earth orbit within a year.

Source: Asteroid Mining Just Moved A Step Closer To Being A Reality | IFLScience

If successful we just need to sit back and see who does what and why….will it be for the good of the planet or just another exercise in greed?

Any ideas?

You Are Your Credit Score

The day after the first day of the year and all is well… least at my house….but then I cannot say the same elsewhere…..

First I have to ask……..who’s idea was it to name a snowstorm?  Seriously…..who?  It already has a name…..WINTER!

From time to time I try to keep my reader up on stuff … this is just an IST FYI post……

Let’s talk about something that is extremely vital to your daily life…..your credit score.  You can do very little without some person checking your score out…..and Americans are flocking to sites that give you a “free” credit score so they can keep track of the position……you know the sites….the ones that do  not need a credit card for your to check your score….that is good right?

Not to me….they do need your SSN….the number that controls your life and you willingly give it to some company for your credit score…….are you people high?

There is something that maybe you need to consider before you willy nilly give a power over you to some faceless company……

Freeze your credit reports before you get burned. That’s the message from security experts, consumer advocates, and some state attorneys general. They say more people should consider a credit freeze as a way to block identity thieves from opening new credit cards and other accounts in your name. They recommend a freeze even if your identity hasn’t been stolen. “It’s much better to shut the door before it even takes place,” says Mike Litt, a consumer program advocate at the nonprofit US Public Interest Research Group. “You can save yourself so much time and headache.” This is different from a credit monitoring service, which you have to pay a monthly fee for and which alerts you if a new account is opened or other suspicious activity takes place. A credit freeze is the only way to stop criminals from opening new accounts in your name.

But there are some downsides to a credit freeze to consider. It also blocks you from opening new lines of credit, so if you plan to take out a mortgage or an auto loan or apply for a new credit card you’ll need to remember to unfreeze it each time. And residents of some states have to pay a fee for a freeze. Freezing is a must if an account has been opened in your name or if you’ve been notified that your Social Security number was taken in a data breach. But even if identity theft hasn’t struck, you still should seriously consider it, since data breaches have become so common. Freezing won’t hurt your credit score. But you will still need to check your statements every month, because it won’t stop thieves from using your existing credit or debit cards to make fraudulent charges. Click for more, including how to freeze and unfreeze your credit reports.

Identity theft is a growing problem…..and yet people are willing to give up their most important piece of data…..why so stupid?

Personally, I trust NO ONE with my SSN….for that matter I do not trust many people in the first place……but I damn sure will not give some company the power of my life.

You do what you want… I can wait on my credit score…..because I do not give a crap what it is in the first place…..

Hate As A Pyramid Scheme

You know hate can be pretty darn lucrative…..hate sells and when it sells it becomes really profitable….I remember the pyramid schemes from years past…you know the ones where you join and work your way up to manager, supervisor or regional director….with each step you would get money from each person you had in your plan……

The reason I bring this up is that the old stand-by for racists and bigots alike….the KKK, the Klan, you know those guys in white sheets and face covers……someone did a bit of historical perspective on the workings of the Klan back in the 1920’s……

Even during its 1920s heyday, the Ku Klux Klan wasn’t a very effective hate group, according to an analysis by Harvard economist Roland G. Fryer and Steven D. Levitt, the latter of Freakonomics fame. However, the Klan was a “wildly successful” pyramid scheme, according to a Priceonomics blog post that rehashes the pair’s 2011 study of the group. In the piece, Rosie Cima writes that KKK leaders “exploited pre-existing, popular racism to make money.” For example, during a time when most in the US made less than $700 annually, the KKK leader in Indiana made some $200,000. He and other leaders managed it through clever marketing and the invention of all kinds of ways to make money off their own members—a classic trait of a pyramid scheme. For instance, the Klan charged members a $10 initiation fee, and Fryer and Levitt provide the breakdown:

  • $4 to the salesman (called a “Kleagle”) who recruited a member
  • $2.50 to the PR firm the Klan had hired to boost membership (it boomed)
  • $2 to the Klan’s self-declared “grand wizard,” William Simmons
  • $1.50 to a regional supervisor (the “Grand Goblin”).

The result, Cima notes, “looked much like a modern multi-level marketing company—with extremely stupid titles.” And it didn’t stop with initiation fees: the Klan leaned on members to buy robes (and robe cleaning), along with Klan-branded life insurance, accessories, bibles, and even candy. The Klan petered out as a genuine national force in the 1940s (the feds got them for back taxes). But small KKK groups are still out there, and, according to Vice, some are using candy as a recruiting tool rather than as a moneymaker. Residents of Cullman City, Arkansas, recently received KKK fliers packaged with Tootsie Rolls and lollipops. Authorities there are investigating the not-so-original scheme.

Like I said…..hate can be very profitable……god bless capitalism…..

What Happened To The Community Bank?

About 5 years ago there were several locally owned community banks in my area…..and slowly they have been systematically eating up by larger more national banks…..

I got to thinking about the demise of community banks and went on a research mission….to see if I could find a reason for the demise of these institutions.

After several days…I found what appears to be a good explanation for this mass extinction……

As a rewsponse to the economic crisis of 2008 the government came up with a plan….Dodd-Frank… was at best minor reform…..nothing has really changed but it did allow for the demise of the community bank……say what?

The Dodd-Frank regulations are so lethal to community banks that some say the intent was to force them to sell out to the megabanks.

Source: Killing Off Community Banks – Intended Consequence of Dodd-Frank?

This ends my posting day…will return tomorrow with more stuff…..peace out