Dystopian Future it is then

In his acceptance speech, President elect Trump said, among other things:

We are going to fix our inner cities and rebuild our highways, bridges, tunnels, airports, schools, hospitals. We’re going to rebuild our infrastructure, which will become, by the way, second to none. And we will put millions of our people to work as we rebuild it.

This from a man, who tweeted:

I’ve no idea what to expect now from the Trump Presidency, but it’s an amazing  coincidence that the original Blade Runner film was set in In Los Angeles in November 2019, just two years from now.

Hopefully Blade Runner isn’t a metaphor for a Trump Presidency; the weather and the blade runners, especially Gaff, do not foreshadow Trumps Immigration cops; and hopefully the Los Angeles in the film, nothing like the real LA in 2019; and the replicants not an extreme of the automation I wrote about yesterday.

blade-runner

What we don’t know is how Trump will do this. Just running up the deficit doesn’t seem likely given he’s from the GOP/Republican party. Taking much of what he’s said, closing tax loopholes, defunding Nato, closing overseas bases in place like Germany, Japan and more won’t likely save enough money. Your move President Trump.

The appearance of impropriety [Boulder Weekly]

It’s still hard to imagine the whole Donald Trump Presidential run is serious, but it is. At the same many other communities are fighting, or trying to fight the Oil & Gas Industry over fracking; at the same time  a record-tying 5.6 magnitude earthquake took place in Oklahoma early Saturday morning and state officials have ordered the shutdown of 37 disposal wells used for fracking. Meanwhile, in Colorado, voters were unable to get meaningful measures to protect Colorado from the results of fracking.

What do these three have in common? Little on the face of it! In the current Boulder Weekly, before the Oklahoma earthquake, Joel Dyer writing an OpEd, captures in one article I think the dissatisfaction people feel with the current political system, but have been unable to express.

wreckball_590_476[1]If you take time to read the piece, don’t read about Colorado, don’t read about the failed fracking measure, read about the about the political system where everyone is an insider; and because of the way big money works, there is little difference between the people, the parties are just labels.That’s the frustration that I think most people feel.

Our state government has a very real credibility problem and it doesn’t matter if it is the result of impropriety or simply the appearance of impropriety, because both are equally destructive when it comes to the political process.

whatever you think of Clintons campaign, or Clinton personally it does matter if you believe what’s said about her, what matters is the appearance of impropriety. The opposite seems to be true of Trump, no matter how much he lies, because he is not seen as an insider, they are prepared to cut him some slack.

It doesn’t matter if you are a Boulder fractivist, a gun-rights proponent from Grand Junction, a religious conservative in Colorado Springs, an environmentalist in Durango or a fifth-generation farmer from the San Luis Valley, as long as the oil and gas industry and its millionaire backers are deciding who gets elected in this state, you lose.

This is bigger than any one issue. This is about whether we are going to choose to restore our democracy or continue to be governed by a handful of the state’s wealthiest individuals and corporations. And it’s our choice not theirs. So follow the money before you check that box on your ballot. It may be the most important thing you’ll do this year.

 

Source: When it comes to the Secretary of State’s office, the appearance of impropriety is a big deal – Boulder Weekly

The Greatest Social Challenge of our Generation — Strong Towns

This is one of the best blogs of many on the Strong Towns blog. American suburbia is only viable with heavy government subsidy and planning — It would be unaffordable otherwise.

As we see the Growth Ponzi Scheme unwinding and the first decades of what journalist Alan Ehrenhalt has called The Great Inversion, Americans are experiencing a return to normal living conditions. In many ways, it’s a traumatic transition; who-moved-my-cheese on a continental economic scale.

Source: The Greatest Social Challenge of our Generation — Strong Towns

She said, he said

Friday evening we were waiting for a table for dinner, or a place at the bar, everything was looking pretty busy. I stood at the bar by a couple that looked like they were finished eating, but couldn’t get the attention of the bar staff. “She” spoke up to get the barmans attention. I thanked her and after we’d got our drinks, and cleared up that I wasn’t from Australia, the conversation went like this:

Her: How are things in Europe?
Me: Not so good, Nice sounds terrible. I suspect though at 7pm tonight, at a bar somewhere in Europe a couple were chatting and saying “what about all the gun violence in America, it’s not safe to go there anymore”.

Her: Oh, I hadn’t thought of that perspective.

Does the Austin Mayor use Cabs?

NYC-Taxi-Drivers-2014-Calendar-9[1]In the fallout from the withdrawal of Uber and Lyft from Austin, following a defeat on Prop-1, Mayor Adler has come up with his 7-point plan to manage the vacuum.

He, along with many others are hoping that Austin is such a jewel in the Uber/Lyft crown, that they’ll soon be back, tail between their legs asking to be allowed to operate in Austin again. I’m not so sure.

This farce could have been completely avoided if Austin, and by implication Mayor Adler, and more importantly his predecessor, Mayor Leffingwell, had actually been planning for the future rather than retrospectively legislating for the past.

What I find staggering about Adlers 7-point plan is that it contains NOTHING that addresses how shitty the current taxi cab service is in Austin. There is nothing magical about Uber and Lyft, or for that matter other transportation networking companies (TNCs).

Instead of focusing on issues which, while valid, are not a major problem, Austin should have renegotiated and mandated the cab companies have to deliver the innovation that the TNC’s have bought to transportation.

I’m sick of getting a cab at Austin Bergstrom airport with a driver in a cab who doesn’t know where the address is; doesn’t understand my accent; and misses the turns that I’ve told him to make; and then says can’t do anything about the fee as its “on the meter”… How about we legislate to make transportation modern and efficient… I could care less if the drivers can’t speak English, or can but don’t understand my English…

There are way too many other many things like this… credit cards… “yeah sorry, my machine isn’t working”…. stinky cars full of trash and worn out seats, worn out suspension, no real ability to feedback or rate the service; no feedback; no drivers ID’s displayed, and buttons clipped all over them… when you get out the car after a disagreement, no way to track or feedback about the service, the list goes on and on…

Global Warming’s Terrifying New Chemistry | The Nation

This is bad news all around, but once again confirms there is no such thing as cheap energy. Fracking likely has many long term problems, no one saw this one coming though.

http://www.thenation.com/article/global-warming-terrifying-new-chemistry/

American Tax Avoidance and Panama

Remember though, as Bloomberg News said back in January, before the “Panama Papers” were known: The World’s Favorite New Tax Haven Is the United States.

Kudos to MSNBC for writing up the story of the (lack of) Americans discovered in the “Panama papers”.

The Wall Street Journal earlier pointed out that 617 intermediary companies that were listed in the papers that operate here in the USA, but no details will be available until sometime in May. So far the only American directly implicated is Marianna Olszewski a financial “pundit” from NY.

article-doc-9n7p3-3x3xJf8qEp7439795a58657c8166-790_636x382[1]As I remarked in my original post about the Panama Paper release, this is no reason for Americans to feel smug. The MSNBC spells out the reasons for that, importantly because for the most part:

  • Delaware, Nevada, along with the U.S. Virgin Islands, are known in particular for loose regulations and low taxes. You can park your money in America behind a dubious corporate facade, without going “offshore”. America rates third behind Switzerland and Hong Kong as a popular tax haven, and far higher than Panama, at 13th. When you here about those massive corporations with billions overseas, it’s not actually sitting in banks in 3rd world countries, it’s often in “tax avoidance” holding companies, who have their cash here in the USA. It’s all bookkeeping entries a rather than overseas.
  • US Tax rates are already super-low, contrary to what you hear from Presidential candidates. Super-rich Americans have less need to seek tax havens because they have less to lose.

Many small and large American and foreign companies help wealthy clients set up offshore shell corporations — that itself is not illegal, as long as the those they set them up for are not trying to hide criminal proceeds or dodge tax obligation.

Remember though, as Bloomberg News said back in January, before the “Panama Papers” were known: The World’s Favorite New Tax Haven Is the United States. Remember, for each dollar a corporation or wealthy individual doesn’t pay, it has to get made up somewhere. That either means someone else pays it, or services get cut.

Fran Hendys offshore blog has good coverage of tax related issues, it’s her specialist subject, where as I just angry more people can’t see what is going on.