Must Reads For The Week 4/18/15
GOVERNMENT IN SEARCH OF REVENUE. BECAUSE SPENDING IS OUT OF CONTROL.
Latest $269 Million DOE Loan Causes Controversy, at zerohedge.com. This DOE recently approved a loan that covers the cost of new factory capacity at ALCOA’s Tennessee plant. The high strength low weight aluminum will be used to make vehicles lighter which translates to more fuel efficiency. But ALCOA was two years into the plant expansion and was going to complete it without the DOE loan. Maybe the DOE was trying to pick a winner after it was clear the plant was going to be completed. There are multiple examples of Government agencies picking losers before the fact. Green energy is one example. Read “Green Energy Proving Venture Capitalists Are Smarter Than Government Bureaucrats“. Get rid of these government programs.
Average Fine For Noncompliance With Obamacare Is $1130, at economicpolicyjournal.com. The fine (tax?) “necessarily sky rockets” next year, unless you can get an exemption because of your political connections.
Nearly 6,00 Retired Illinois Teachers Made Six-Figure Pensions In 2014, by Ted Ballantine, at illinoisreview.typepad.com. Your tax dollars pay the teacher’s salary, pension, healthcare, and even their taxes. And most of those “greedy” *&#@&$^s think they deserve more.
Chef Ticketed, Facing $2,000 For Feeding Homeless In San Antonio, by Gilbert Garcia, at mysanantonio.com. There are so many laws on the books you can’t help but break one. Read, “As The Number Of Laws Increase, Individual Freedom Decreases“.
Cop Sues NYPD Over Quotes, Slams The Racketeering Culture, at zerohedge.com. This is called policing for profit. Here is a quote from the article, “In the NYPD, it’s clear that the police are protecting and serving themselves at your expense….The boys in blue are indistinguishable from the Crips or any other street gang in their extortion activities.”
PEOPLE ARE CREATIVE
Father-Son Team Raises $10 Million For Their Beekeeping Invention On Indiegogo, by Catherine Clifford, at entrepreneur.com. Harvesting honey used to be risky and take a lot of time. Not any more. A father and son from Australia invented a quick and safe way of accomplishing the task. Watch the video for the Flow Hive. It is amazing yet simple. The fact that they raised $10 million through the crowd funding service Indiegogo, tells me this is probably going to be a successful venture.
How 3D Printing Startups Are Shaping The Future, by John Patrick Pullen, at entrepreneur.com. 3D printing is mind-blowing, and we are just scratching the surface. The videos in this article are great.
Cow Milk Without The Cow Is Coming To Change Food Forever, by Marcus Wohlsen, at wired.com. “Researchers are trying to make cows milk cheese without the cow. Using mail-order DNA, they’re tricking yeast cells into producing a substance that’s molecularly identical to milk. And if successful, they’ll turn this milk into cheese.”
RAISE THE MINIMUM WAGE TO $50, at mrctv. Dan Joseph asks George Mason College students to sign a petition raising the minimum wage to $50. As clueless as most of these young adults are, there are actually some, who have a clue on what happens when wages are set above what the job produces. Also, Dan Joseph is sarcastic, which I appreciate.
Tags: 3D Printing Startups, ALCOA, Beekeeping Invention, Chef Fined For Feeding Homeless, Cop Sues NYPD, Cow Milk Without The Cow, DOE Loans, Flow Hive, Green Energy Boondoggle, Individual Freedom Decreasing, Obamacare Fines, Obamacare Noncompliance, Policing For Profit, Policing Quotas, Raising Minimum Wage Funny Video, Retired Teachers Pensions, Venture CapitalistsYou can comment below, or link to this permanent URL from your own site.