Thursday, May 31, 2018

Random thoughts & jokes


Some are for your entertainment, so do not take the jokes in this article seriously. It reflects my recent thoughts.

Employment

Mathematically incorrect, 5% is full employment with many not seeking employment. It is hard to find qualified candidates when it dips below 4%.

Employment is up with the increase in average wage but the economy may not be. Today could be one of the few times that correlation between the employment and the economy is not happening. We still have high debts and unfinanced entitlements.

The rosy employment report today is due to tax cuts, both at the corporate level and individual level. The extra tax incomes from the growing economy would not compensate for the loss of tax revenues and hence a larger Federal budget gap. It is another example of buying votes (more employment) at the expense of long-term benefits (the economy).

USD

Last year USD was at the peak. It came down and now headed up inches.

Yuan has been up against the USD for the last 5 years at about 20% from my rough estimate as a tourist.

A strong dollar may not be good for investing:

·         Our products are more expensive overseas.
·         The profits from overseas would be reduced when converting to USD.
·         It is good for us as tourists, but bad for attracting tourists to US.

Tariffs

The tariffs would lead to price hikes on commodities if they are imported to the US. It is a good revenue to the government. Our finished products if depending on the imported commodities would cost more and would be less competitive in the global market.

With tariffs, banning some trades from China and the rising interest rate, we will expect inflation.

China’s impact

Commodities will rise due to demand such as from "One Belt, One Road" projects and the wealthier Chinese. For example, we used to enjoy $15 for twin lobsters in Chinese restaurants and now it is $40 as many lobsters literally fly to China.

Trump and Newton

Trump should learn from Newton on his "No more Mr. Nice guy policy": For every action (tariff), there is an equal and opposite reaction. Silly? Somehow, someone has to take no action to an action. Otherwise we are watching a Kung Fu movie with the endless revenges (tariffs and counter tariffs).

Patriot shoppers

A patriot shopper only buy stuffs made in USA. It is hard to find products purely made in US. Some may be assembled with foreign components. Check out the components under the hood of your car.

Sam Walton was a patriot. When he passed away, his children started selling Chinese stuffs as they found out Sam calculated wrongly for the margins. They become the richest family of the world - yes richer than Buffett and Gates as a family.

EU

Europe is still burning. Euro is a good idea especially for tourists. Greece took advantage of it. Italy and Spain had been warned a few years ago. Importing refugees to do jobs their citizens do not want has its consequences. Deng’s “Fresh air and flies come in when opening the window” applies here too.

Political systems

Each has its merits and weaknesses. They differ from each other on how to share the wealth. Socialism is good for rich countries such as Norway.  

China today is not communism which does not allow their citizens to open their own shops for example. The major weakness of communism is there is no incentive to work harder as everyone is paid the same - similar to our unions?

India is democratic and the wealth gap is huge. Democratic system needs educated citizens and good governance. Most countries in Asia beside Japan and some extent in Singapore are corrupt.

Why drunk violators got the out-of-jail card

Most likely the judge and most of the jury members are drunks in one time or another.

Another shooting

It is a norm until we love our children more than our guns. Do not pray but take action NOW without worrying their contributions to your campaigns. The children cannot vote, so the politicians do not care about what they demand.

Legalized drugs
Yes, everything comes back sooner or later. As a nation, the Brits pushed opium to China when they had nothing better to trade. It led to bankrupting China. Now the addictive drugs are hurting the US and the West.
As an investor, do not invest in companies in this 'legal' drug. Do not count money with your hands dripping in blood. The parents have more work to do: Children are curious and they will follow what their friends do.
They expect the state and many will profit with no regard to the social problems and consequences. What kind of society we're coming to?
Defeating Facebook

We can defeat Facebook, a survey company, by giving them false info. If they're not useful, they will not use them. Here is mine.

I am a female born in April 1, 1800, living in 1 Main Street, graduated with a B.S. (real BS) from University of Lies and am working as the assistant to Trump being his sister-in-law. The only true info is I spend too much time in blogging and have written a best seller in investing; it is more effective by mixing false info with true info. What's yours?

Facebook provides a valuable service to me at no cost. Why should I complain? For my potential employers, all my info are false and all my pictures were taken after my two drinks, so I am not responsible.  

Sex & top 1%

If one can make $130,000 in one hour service, one should be in the top 1% and pay a lot of taxes together with the altar boys, victims from the many sex offenders who surfaced every month now. Just jealous!

Oh!Roseanne

RIP to where you belong.

”Roseanne says she was under the influence of Ambien."
All these sex offenders say they were under the influence of Viagra. LOL.

I like the show and agree some of the contents. Hope they have a similar show without Roseanne and it would save over 200 jobs. The hard work and talents are appreciated.

She does represent a good slice of the population: Stupid, biased and big-mouthed.  Her good side is her honesty. True or false?

Nobel Prize material

If we can pass the sterile feature from seedless watermelons and seedless oranges to hum beings, we would have solved the over-population problem.

Discrimination (jokes)

The black here discriminate folks from Africa because they have darker skin.

The black can say racial jokes against their own race, but not the white dudes. Reverse discrimination?  Similar to restrictive college admission for Asiana.

The Chinese are baked right, not too white and not too dark. Thank God. If so, why there is no yellow Jesus and Chinese not chosen?

Wonder why Adam and Eve had belly button and how the creation of earth (or universe) was recorded before language and paper were invented.

We have full time of prayers on world peace for centuries. Is God not listening or God wants us to solve our own problems?

I would be attacked by the black and religious folks. Relax, just joking. If I were a public figure, I would have lost my job by now.

Jets & the preachers

Is it stupid for the preachers to ask for jets on the argument that Jesus would not ride a donkey? It is more stupid for folks to donate money for the jet. Are the jets more important than the poor? Please think before you answer this question. It is not an IQ test.

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