Category Archives: Business

AOC Targeting “White” Business

Business, Communism, Drug War, Economy, Race, Socialism

In the dangerous and twisted universe of Alexandria Ocasio-Cortez, whites who start businesses are guilty of an act of domination, to be punished, rather than appreciated and applauded for their initiative.

This woman, who earned a degree in economics from and AMERICAN UNIVERSITY—yes, American institutions bred AOC’s ignorance—doesn’t understand that the risk of starting a business is borne by the entrepreneur. The investment and planning of a successful commercial enterprise are undertaken by the businessman. If he or she succeeds, and most small businesses do not, the benefits redound to the community.

In appears here that our command economist would gladly regulate who starts a cannabis businesses. As she sees it, that whites get a business plan together, so as to be granted a license to trade cannabis, clearly reflects badly on them.

“According to an industry trade publication, 73% of cannabis executives in Colorado and Washington are male, 81% are white,” said Ocasio-Cortez during the hearings. “In the state of Massachusetts, just 3.1% of marijuana businesses in the state were owned by minorities, and just 2.2% were owned by women. Is this industry representative of the communities that have historically [borne] the greatest brunt of injustice based on the prohibition of marijuana?”

“Absolutely not,” replied Barnette, who is one of the nation’s few African-American medical marijuana business owners.

“It does not look like any of the people who are reaping the profits of this are the people who were directly impacted,” Ocasio-Cortez concluded.

Meet the Press - Season 71

Tech Companies Help Generate Housing Shortages, Throw Money At The Problem

Business, Globalism, IMMIGRATION, Labor, Outsourcing, Technology

In guarded language, the Washington State Office of Financial Management divulges that:

Migration continues to be the primary driver behind Washington [State’s] population growth. From 2017 to 2018, net migration (people moving in versus people moving out) to Washington totaled 83,700, … Net migration accounted for 71 percent of the state’s population growth this year, with natural increase (births minus deaths) responsible for the other 29 percent (33,600 persons). … The state has grown by an average of 87,900 persons per year this decade, exceeding that of 83,000 in the previous decade. King County is the main contributor, with total growth of 259,000 persons over eight years, compared to 194,200 persons between 2000 and 2010.

At least where I live, the town is unrecognizable. Costco is like a bazaar in Calcutta. What was a small and friendly town is flooded with Microsoft’s imported labor. I doubt the same people would like it if people speaking loud American English were to flood their stomping grounds back in the Old Country, making it unrecognizable.

Young people can’t afford homes to raise families, as replacement labor with Microsoft salaries—no, it’s not cheap labor AT ALL, unless you call 6-figure compensation “cheap”—pushes prices of property beyond the means of the local residents.

And then demographers complain that Americans aren’t reproducing.

Microsoft has thrown some money at the housing problem, allocating $500 million toward low-income housing because Americans who should be inching into the middle-class can’t afford homes in Seattle and, increasingly, in the surrounding counties.

Again, the reason, in part: the glut of labor Microsoft and other tech companies keep importing.

Tucker Touches On The Orchestrated Consumerism And Voracious Corporatism Destroying American Lives

America, Business, Culture, Economy, Ethics, Globalism, Multiculturalism, Nationhood

More forbidden topics, touched upon by the Tucker Carlson treasure. Some of the highlights of his  editorial, delivered on his Fox News show some days back:

Romney spent the bulk of his business career at a firm called Bain Capital. Bain Capital all but invented what is now a familiar business strategy: Take over an existing company for a short period of time, cut costs by firing employees, run up the debt, extract the wealth, and move on, sometimes leaving retirees without their earned pensions. Romney became fantastically rich doing this. Meanwhile, a remarkable number of the companies are now bankrupt or extinct. This is the private equity model. Our ruling class sees nothing wrong with it. It’s how they run the country. …

The overriding goal for America is more prosperity, meaning cheaper consumer goods. But is that still true? Does anyone still believe that cheaper iPhones, or more Amazon deliveries of plastic garbage from China are going to make us happy? They haven’t so far. A lot of Americans are drowning in stuff. And yet drug addiction and suicide are depopulating large parts of the country. Anyone who thinks the health of a nation can be summed up in GDP is an idiot.

The goal for America is both simpler and more elusive than mere prosperity. It’s happiness. There are a lot of ingredients in being happy: Dignity. Purpose. Self-control. Independence. Above all, deep relationships with other people. Those are the things that you want for your children. They’re what our leaders should want for us, and would want if they cared.

But our leaders don’t care. We are ruled by mercenaries who feel no long-term obligation to the people they rule. They’re day traders. Substitute teachers. They’re just passing through. They have no skin in this game, and it shows. They can’t solve our problems. They don’t even bother to understand our problems.

One of the biggest lies our leaders tell us that you can separate economics from everything else that matters. Economics is a topic for public debate. Family and faith and culture, meanwhile, those are personal matters. Both parties believe this …

Members of our educated upper-middle-classes are now the backbone of the Democratic Party who usually describe themselves as fiscally responsible and socially moderate. In other words, functionally libertarian. They don’t care how you live, as long as the bills are paid and the markets function. Somehow, they don’t see a connection between people’s personal lives and the health of our economy, or for that matter, the country’s ability to pay its bills. As far as they’re concerned, these are two totally separate categories. …

“They teach us it’s more virtuous to devote your life to some soulless corporation than it is to raise your own kids. Sheryl Sandberg of Facebook wrote an entire book about this. Sandberg explained that our first duty is to shareholders, above our own children.”

HERE is the underwhelming title: “Tucker Carlson: Mitt Romney supports the status quo. But for everyone else, it’s infuriating.”

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NEW COLUMN: U.S. Business Itching To Import Cheap Labor

Business, Donald Trump, IMMIGRATION, Labor, Outsourcing

“U.S. Business Itching To Import Cheap Labor” is the current column. It’s now on Townhall.com, the Unz Review and WND.com.

Adroitly, President Trump has optimized outcomes for the American Worker. His is a labor market like no other.

Long overdue in the U.S., a labor market is one in which firms compete for workers, rather than workers competing for jobs.

“For the first time since data began to be collected in 2000, there are more job openings than there are unemployed workers.” By the Economist’s telling (Jul 12th 2018), “Fully 5.8 million more Americans are in work than in December of 2015.”

Best of all, workers are happier than they’ve been for a long time.

Not so business. For American business, it’s never enough.

Big or small, business is focused on elephantine-like expansion.

Big and small, business is nattering about labor shortages: “Ninety percent of small businesses which are hiring or trying to hire workers report that there are few or no qualified applicants, according to the National Federation of Independent Business.”

With blaring headlines, the megaphones in the financial press are amplifying a message of dissatisfaction:

“The shortage is reaching a ‘critical point’ … A lack of applicants for blue-collar jobs such as trucking and construction has received particular scrutiny, as have states like Iowa where the unemployment rate is especially low (it is just 2.7 percent in the Hawkeye state).”

August 31 saw President Trump sign an executive order meant to further boost small businesses. These will be permitted “to band together to offer 401(k)s.”

Again, nice, but not enough. It never is. A businessman present piped up about “a very tight labor market … causing us a little bit of a problem.”

Contrast this gimme-more-forever-more attitude, with the patriotic perspective of your average Trump supporter: “I’m willing to take my lumps for the good of the country,” a farmer told broadcaster Laura Ingraham. “The Scottish in me says to the death.”

Look, a labor market allows wages to rise and productivity to grow, for unprofitable firms will soon fold when they find they can’t pay enough to attract workers. Scarce resources—labor and capital—are then “put to better use.” …

… READ THE REST on Townhall.com. On the Unz Review and WND.com, too.