Skip to main content

California Crazy and BLM Racket

This Headline from the Los Angeles Times was eye catching. 

Proposed bill would shorten California workweek to 32 hours.

Here’s what you need to know:

“The bill, AB 2932, would change the definition of a workweek from 40 hours to 32 hours for companies with more than 500 employees.”

Companies would be prohibited from cutting the pay of workers – so effectively every worker covered by the law would be getting a 20% mandatory pay raise.

France and many other Western European nations tried this in the 1980s and it led to the deindustrialization of these countries, before they abandoned the ruinous experiment.

I wonder if the geniuses in Sacramento who are plowing this bill forward have any idea where the money will come from so that workers can be paid more to produce less. It’s a very good way to move all manufacturing out of California. Some employers will simply try to raise prices to make up for the higher labor costs, which will only make inflation worse.

Brilliant. And Governor Gavin Newsom may just be dumb enough to sign the bill into law if it gets to his desk.

Media Finally Discovers Black Lives Matter A Racket

It’s taken two years, but media reporters have finally woken up to the corrupt money-raising racket that goes by the name of Black Lives Matter.

Stephen Crockett of the HuffPost, has written an eye-opening essay called “The Business of Black Death.”

He points out that in 2020, Black Lives Matter took in $90 million with precious little evidence of where the money went.

New York Magazine reports the group took $6 million of donations secretly buy a 6,500 square foot mansion in Los Angeles. Black Lives Matter co-founder Patrisse Cullors, a self-avowed Marxist, purchased four homes for some $3.2 million. Right on cue, Cullors responded by saying it was both “sexist” and “racist,” to challenge how the money has been spent. These shysters are very adept at deflecting criticism.

The late Darren Seals, a fierce opponent of police brutality in Ferguson, Mo., complained for years that BLM was “just collecting checks” and that none of the programs have for “the youth or funerals or other programs…We are back at square one, back where we started. No justice, no nothing.”

Comments

Popular posts from this blog

California: A Model for the Rest of the Country, Part 2

Part 1 here . On Leaving the Golden State Guest Post by NicklethroweR . Posted on the Burning Platform. The fabled Ventura Highway is all that separates my artist loft from the beach where surfing first came to the United States. Both my balcony and front patio face the freeway at about eye level and I could easily smack a tennis ball right on to the ever busy 101. Access to the beach and boardwalk is very important to a Tourist Town such as mine and I can see one underpass from my balcony and another underpass from the patio. Further up the street are two pedestrian bridges. Both have been recently remodeled so that people can not use it to kill themselves by leaping down into traffic. The traffic, just like the spice, must flow and the elites that live here do not like to be inconvenienced as they dart about between Malibu and Santa Barbara. Another feature of living where I live would have to be the homeless, the insane and the drug addicts that wander this particular...

Factfulness: Ignorance about global trends. The world is actually getting better.

This newsletter was powered by  Thinkr , a smart reading app for the busy-but-curious. For full access to hundreds of titles — including audio — go premium and download the app today. From the layman to the elite, there is widespread ignorance about global trends. Author and international health professor, Hans Rosling, calls Factfulness  “his very last battle in [his] lifelong mission to fight devastating global ignorance.” After years of trying to convince the world that all development indicators point to vast improvements on a global scale, Rosling digs deeper to explore why people systematically have a negative view of where humanity is heading. He identifies a number of deeply human tendencies that predispose us to believe the worst. For every instinct that he names, he offers some rules of thumb for replacing this overdramatic worldview with a “factful” one. In 2017, 20,000 people across fourteen countries were given a multiple-choice quiz to assess basic global literac...

Proper way to calculate CAGR using T-Sql for SQL Server

After reading (and attempting the solutions offered in some) several articles about SQL and CAGR,  I have reached the conclusion that none of them would stand testing in a real-world environment. For one thing, the SQL queries offered as examples are overly complex or don't use the correct math for calculating proper CAGR. Since most DBAs don't have an MBA or Finance degree, let me help.  The correct equation for calculating Compound Annual Growth Rate (as a percentage) is:  Some key points about CAGR:  The compounded annual growth rate (CAGR) is one of the most accurate ways to calculate and determine returns for anything that can rise or fall in value over time. Investors can compare the CAGR of two alternatives to evaluate how well one stock performed against other stocks in a peer group or a market index. The CAGR does not reflect investment risk. You can read a full article about CAGR  here .  To calculate the CAGR for an investment in a language like ...