Generational theory, international history and current events
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by Higgenbotham » Wed Nov 04, 2026 3:53 pm
Higgenbotham wrote: Tue Oct 20, 2026 8:13 pm Musk has funneled something like $156 million to Paxton. My guess is that will not help him much.
Is waddling up to the window for a bailout the most in demand job skill in America today? AI Overview While requesting a corporate bailout (often satirized as "waddling up to the window") remains a high-stakes corporate legal and lobbying strategy during economic crises, it is not an actual or in-demand job skill in the American labor market. Data from major labor market analytics platforms, such as Upwork, Coursera, and staffing agencies like Randstad USA, show that the most in-demand skills in the United States focus on technological disruption, healthcare, and operational data literacy. Top In-Demand Technical & Professional Skills Applied Artificial Intelligence: AI integration (+178%), video generation (+329%), and data annotation (+154%) are the fastest-growing technical skills required by modern organizations. Data & Digital Literacy: High employer demand persists for data scientists, information security analysts, and statisticians to navigate cybersecurity risks and large enterprise data frameworks. Core Technical Development: Traditional technical competencies like full-stack web development and software engineering remain consistently core to hiring initiatives. In-Demand Human & Operational Competencies Cognitive Skills: Organizations heavily prioritize critical thinking, complex problem-solving, and structural innovation over rote administrative tasks. Interpersonal Skills: Emotional intelligence and human-centered leadership are highly valued as companies integrate AI into standard operational workflows. Essential Services: Industry demand continues to surge for frontline operational roles, including licensed practical nurses, medical assistants, and supply chain logistics managers.
How much of Musk’s wealth comes from government help? Virtually all of it By Chris Isidore Jun 13, 2026 Elon Musk, founder of SpaceX, on screen in Times Square during the company's initial public offering at the Nasdaq MarketSite in New York on Friday. SpaceX has made history with the biggest IPO and making Musk the world's first trillionaire. Elon Musk has many people to thank for becoming the world’s first trillionaire — his companies’ engineers who produced technological breakthroughs, Wall Street investors who were eager to shower him with their dollars despite questionable financials, but most of all, American taxpayers and government policymakers. “There would not be (Tesla and SpaceX) if it weren’t for the government,” said Ross Gerber, CEO of investment firm Gerber Kawasaki and an early investor in Tesla. The federal government awarded SpaceX more than $500 million worth of grants in its early years. And that $500 million is just a fraction of what Tesla received from government grants, loans, contracts and regulatory policies.
Higgenbotham wrote: Tue Nov 03, 2026 12:43 pmcorrupt lobbyists and revolving door parasites
Higgenbotham wrote: Sat Aug 13, 2011 5:09 pm William Playfair wrote:As in the hall, in which there has been a sumptuous banquet, we perceive the fragments of a feast now become prey to beggars and banditti; if in some instances, the spectacle is less wretched and disgusting; it is, because the banquet is not entirely over, and the guests have not all yet risen from the table. William Playfair An inquiry into the permanent causes of the decline and fall of powerful and wealthy nations 1805 http://books.google.com/books?id=MLvIAA ... &q&f=false
William Playfair wrote:As in the hall, in which there has been a sumptuous banquet, we perceive the fragments of a feast now become prey to beggars and banditti; if in some instances, the spectacle is less wretched and disgusting; it is, because the banquet is not entirely over, and the guests have not all yet risen from the table.
by aedens » Wed Nov 04, 2026 11:08 am
by Higgenbotham » Tue Nov 03, 2026 12:43 pm
by Higgenbotham » Tue Nov 03, 2026 12:39 pm
Higgenbotham wrote: Thu Oct 08, 2026 10:11 am According to google search, I am the only person in the world who has used this phrase.
by aedens » Mon Nov 02, 2026 8:33 pm
by Higgenbotham » Sat Oct 31, 2026 3:08 pm
Higgenbotham wrote: Fri Oct 30, 2026 10:25 pm These quotes remind me of an interview with Nomi Prins a couple decades ago. She was asked what the concerns of her Goldman colleagues were with regard to the ethics of what they were doing during subprime and were they concerned with any fallout that would have resulted from that. She said the only thing on their minds was closing the next deal.
Nomi Prins worked in the upper echelons of the financial world as a managing director at Goldman Sachs and a senior managing director at Bear Stearns as well as a strategist at Lehman Brothers and an analyst at the Chase Manhattan Bank. During her time on Wall Street, she grew increasingly aware of and discouraged by the unethical practices that permeated the banking industry. In 2002, she left and has since become a journalist and writer and leading authority on financial and monetary systems. She is author of ‘Collusion: How Central Bankers Rigged the World’ as well as “All the Presidents’ Bankers: The Hidden Alliances that Drive American Power and ‘It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street’. From your experience within some leading international banks, what did you learn about the nature of the corporation? The general theme is that all major multinational companies are driven by the bottom line. This means maximising profits and minimising costs. This might seem obvious but it permeates everything they do, the taxes they avoid, risks they take, and what they do in communities. I worked in four major international banks, and from the inside, upper management simply doesn’t care about how their activities impact the outside world. For example, working at Bear Stearns in London in the 1990s, I was involved in a product that involved a major expansion of debt in emerging and corporate markets, looking at new ways to repackage and sell off or trade that debt, so that the bank could profit multiple times from a single bond. At the same time, activists with the Jubilee 2000 initiative, were campaigning on the streets, pointing to the dangers of these debts for needed investments in health, education and so on and looking to reduce the debt burden. But none of that mattered on a day to day basis within the banks anymore than current citizen demonstrations do, except in that they might move markets on any given day. Corporations are also very much driven by short-term profit gain and how to translate favourable quarterly and annual results into higher share prices. In the banking sector, and most corporations, the higher up people are in the firm, the more likely they will receive part of their compensation in the form of shares, stocks, or options on an annual basis, so everyone cares most of all about what was made that year at the firm and how it impacted share prices. There may be internal meetings on five year-plans or products, but the whole of corporate culture is geared to those annual profits. This shapes corporate culture, by increasing competition between departments and within departments with everyone wanting to get the most credit for what they are doing, so as to have it reflected in their year-end bonuses. I experienced this personally at Goldman Sachs in New York, where I was running a department expanding the credit derivatives market that would ultimately play a role in the financial crisis. I had worked on a successful deal with several internal groups made up of many pieces worth millions of dollars to the firm, and when I took the stairs to the next floor to let the head of the division, Lloyd Blankfein, know about my group’s role in the deal, I found a colleague from another department already there inside the office pretending it was their deal, so as to take credit for it. He ultimately rose to a very high level there.
by Higgenbotham » Fri Oct 30, 2026 10:25 pm
Higgenbotham wrote: Thu Oct 22, 2026 5:06 pm I've talked pretty extensively here about what I call The 97th Percentile. In a high school class of 300, The 97th Percentile could ideally be characterized as those who ranked from roughly Position 4 through Position 15. They are those who do the work without question and strive to do the best job they can. You could spend somewhere between 4 and 12 years around these people and get a pretty good feel for who fits in at that level. If a teacher is an entitled goldbrick who teaches two classes while wasting oodles of taxpayer money, The 97th Percentile will fear, aid and abet him without question. I'll get back to that in a minute. That bring us to the point of the quote above from Charles Hugh Smith, "devote every waking hour to enriching the most avaricious few for their share of the loot." This might sound a little harsh to some. It does to me. I mean, I know some of them are good people. At best, they probably didn't intend for their actions to produce that result. But that is what has happened, and at best they were too myopic to see the result. But that is in fact, in the big picture, the result that was produced.
Higgenbotham wrote: Sun Oct 25, 2026 11:47 am While the sentiment of Charles Hugh Smith is admirable, generational change is not about people willfully and proactively adopting a new set of values. For the vast majority, it's about being shocked to the core by generational panic first. The change comes after that.
Higgenbotham wrote: Thu Oct 29, 2026 6:18 pm People are occupied with current concerns. They have many and it doesn't seem the coming global food crisis is on the radar.
aedens wrote: Wed Aug 06, 2014 7:03 pm Time will enact a common price as they are consumed by todays wisdom. Same as it ever was.
by aedens » Fri Oct 30, 2026 3:18 pm
by Higgenbotham » Fri Oct 30, 2026 2:35 pm
aedens wrote: Thu Oct 29, 2026 6:27 pm Well we only got a head start from 2019 and they will learn its not different this time.
by aedens » Fri Oct 30, 2026 9:44 am
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