Sonic Warfare on U.S. Diplomats in Cuba

I am tired of reading about the so-called "mystery" surrounding hearing loss of U.S. diplomats in Cuba. It is no mystery. It is obvious and transparent. A sonic generator was deployed. Those gadgets, anybody can buy for a hundred bucks or so. Whup-de-doo. Where's the mystery? It's not rocket science. You plug it in, hide it somewhere, and a sonic wave emanates below the range of detection by human hearing, yet quite damaging. The only tip-off the victim has is that they feel bad in a certain area of a building. There is no mystery, repeat, no mystery. As to who did it, I think that will never be known until somebody squeals. Most likely, it is North Korea or Iran, because these are the declared enemies of the United States, and these countries have a huge interest in cultivating animosity between the U.S. and Cuba. At any rate, blame Iran or North Korea, because those regions are completely worthless, full of evil-doers with no value to the world, and deserve whatever punishment gets meted out. Ultimately, who cares who is to blame? Iran and North Korea are the default scapegoats. Iran actually says "Death to America!" on a regular basis, and North Korea threatens to nuke us, so their intentions are clear.

Trump is Right about Puerto Rico

The reality is, Puerto Rico won't be around in a couple decades. It will be under the ocean. To invest money on rebuilding anything else on that doomed island is ludicrous. Hand out birth control and food, and that's it. Temporary shelters at most. Anything built will become homes for the fish of the future. All we have to look forward to is more and worse storms in that part of the world. Rebuilding New Orleans was stupid, too. I think people need to educate themselves on climate change and what exactly it means, then reconsider investing billions on the coast. Maybe billions of their retirement savings, but not of taxpayer dollars. If they want to go bankrupt flushing money into the ocean, that's their business. But it shouldn't be the taxpayer's.

As for the debt, default. Wall Street should have known better. Maybe they can recycle whatever is left on that island or sell the land to carnival ships, who can use it as a tourist destination until it disappears.

Stocks and Bonds Ain't Hard

Stocks and bonds ain't hard, at least if one chooses to use mutual funds. Stock-picking is not my game, because I feel like the system is corrupt and rigged, with inside knowledge dominating. Those "in the know" can make bundles of cash, legally or not, just like those Equifax business criminals did, knowing full well they had crucified the American consumer and that Equifax's share price would sink. Folks like me "in the dark" are marks. Unlike the business criminals, I wouldn't know about the Equifax Debacle until Equifax announced it. I don't bother with stock-picking and consider it a fool's game, because only fools trust wolves.

My advice is simple. Choose a low-cost mutual fund family like, oh, say, Vanguard. I do not know of any other. Vanguard is by no means perfect, but they are reasonably good and low-cost, allowing them to beat the performance of most mutual fund families, because let's face it, the stock market mainly moves in unison. There is not a whole lot of advantage to be had in stock-pickers, although there is a whole lot of risk to be had. That 1 or 2 per cent expense ratio on your darling mutual fund is probably being used for massage therapy and new luxury cars for the mutual fund manager, who is ultimately using a computer to pick stocks, anyway. To think you pay a guy more, and he picks better stocks, is a charming little fantasy.

With stock funds, all one needs to know are the fundamentals. One must know what a P/E ratio is, and bear in mind that in today's environment, 17 is not too shabby, but over 20, it's time to bail. One must pay attention to earnings growth. Anything in the double-digits is dandy. That implies red-hot growth. Right now, large-caps stink, but mid-caps and small-caps excel, and that's why investors are buying 'em. The smart money always looks at the fundamentals.

With bonds, one must keep in mind that bonds suck and have sucked for a very, very long time. Any interest rate under 5 per cent really is not worth the time of day. It is extremely high-risk, and there is a possibility one could encounter double-digit losses, depending on the bond fund, due to rising interest rates, defaults, or even inflation. All bonds these days are junk bonds. They are garbage. There is little to no protection against inflation, little to no protection against rising interest rates. That is why people are moving the lion's share of their money into stocks right now, because what's the alternative? There is no alternative to stocks, unless you want to stash your cash under your mattress.

I keep an eye on bonds, however, because if interest rates do recover, then bonds will become very attractive, especially in today's market, where the P/E ratios are through the roof, judged on a historical basis. Bear in mind, P/E ratios used to be in the neighborhood of 11 or 12, for about a hundred years or so. It is only in today's environment that a P/E of 17 or 18 has become "the new normal."

Uber

Uber is another loser corporation that provides crappy service using scabs working at subsistence wages, just enough to buy McDonalds for a treat on Sundays. Uber is another company run by irresponsible, childish executives and another tool to destroy the middle class. The basic model of Uber replaces moderately-waged jobs with crap jobs that have no benefits. Uber doesn't want to comply with any licenses, rules or even the basic law of the land, so good riddance if it gets the boot in Quebec and London.

The only way a spoiled, know-nothing corporate executive earns his keep is this: he figures out a way to pay the workers less for more work. Uber is no exception to the rule that pervades all industry and all commerce.

People working for Uber need to ask themselves, why did I wind up working as a temp scab for a company that pays next to nothing and will fire me just as soon as self-driving cars become a thing?

Going back to the land may be a good adaptation in today's economy, where so many manufacturing and service jobs are getting replaced by automation. Farm, as our ancestors did. At least by farming, one is assured of having enough to eat and enough land to dwell in.

The Equifax Debacle

The American people have been told, yes, Equifax had all your permanent, private, personal data: your Social Security number, birthdate, et cetera. No, you are not allowed to ever change this data. Yes, anyone can apply for a new credit card with that data, thus placing your credit history, privacy and even freedom in jeopardy. Care to play dice with your financial future? There goes your retirement, chump. All your hard work, down the toilet.

I don't recall consenting to give Equifax all my information. They invaded my privacy and then gave my information away to criminals.

Personally, if I have to go through identity theft hell at some point down the line, then it seems only right that Equifax people have to suffer, too, because that's not my cross, it's theirs. The amount of time I am willing to spend cleaning up Equifax's mess is zero. I will not lift a finger to resolve any kind of identity theft problem. Equifax makes me whole. There is no other way. If my dinner gets taken away by identity theft, then they feed me. My life is not about cleaning up after Equifax; otherwise it is no life. But if millions of people suffer identity theft, then our entire financial system is called into question.

The proper response, which would have already been taken by a benevolent dictator, is to make credit card applications much, much more difficult. Credit card, loan, or any kind of financial account application must be done in person and require a DNA sample, retina scan, or something else that is very individualized and extremely difficult to fake. That is the simple, elegant, permanent solution, not just to Equifax, but to all the other scandals that have hit our sorry, stupid, negligent and corrupt business community, driven by greed and completely unconcerned about the country.

However, none of the above is going to happen, because the Republican Congress is just as stupid as the business community. Maybe more so.

Congress has proven again and again it is incapable of acting, even in the face of overwhelming evidence that action is justified. Marijuana was proven non-toxic and harmless way back in the early 1970s, during the Nixon administration, and due to stupidity, Congress never did anything about the laws that equate pot with heroin.

So, is social collapse on the horizon? No, because the American people have a high tolerance for pain and suffering, a limited memory, and are easily distracted by social issues like bathrooms, prayer and abortion. What will happen is that millions of "nobodies" like myself will go through identity theft hell, and nothing will be done, and there will be a lot of hand-wringing but ultimately no changes, and the cycle will continue with more scandals, more data-leaks in the future, and future generations will deal with the problem as well. Because stupid rules the land.

In the end, the only hope for H. Sapiens is that genetic engineering creates a smarter species, capable of seeing through obvious lies and falsehoods. Then the electorate might become capable of electing good people into public office. Such a species might demand more accountability from the corporations that control so much of our lives. But today's people? They just roll over and take it, again and again. They focus on what's important, like Hillary Clinton's email server, or Anthony Weiner's weiner.

Dumbsday Prediction

That a Doomsday prediction of Sept. 23rd received widespread, mainstream media coverage, followed soon after by "what exactly does dotard mean?" betrays the cretinism in the American population. Cretins played their Trump card in 2016, and now Stupid rules the land. Goodbye, several trillion dollars, hello, waste and corruption. Poetic justice will be served if medical care is stripped away from the cretins that voted for Trump.