Xerox 's P.A.R.C. Place I had a talk with my neighbor, oddly enough, about the largest failures in American History. If we look at Lehman Brothers at $691 Billion, that's about as big as it gets. However, I have one bigger. Not on the Books unless you know where to look. Xerox. P.A.R.C., Paulo Alto Research Center. In the late 1970's they had invented the future and no one knew but them. Their board could not grasp it. Enter Apple and Steve Jobs. Though a friendly agreement…
Capitalism Vs. Socialism This is Capitalism vs. Socialism. People think that means businesses vs the people's right to equality. Capitalism is the people having the Right to Own things. Wealth is Capital, same thing. Capitalism is just a system for people that, each one, can own property...to be able to exchange commerce. Socialism is the opposite. NO Private Property in Socialism. You do not own You, and therefore Your stuff is also the property of Government, because they…
Thoughts on Gov. Inflation Equation. Government statisticians now employ an arbitrary and non-market price for owner's rent, removing actual housing prices from the calculation Adjusting reported inflation for those exclusions or changes would result in double-digit gains in both headline and core CPI for the past twelve months. In the 1970s, Federal Reserve Chair Arthur Burns denied that monetary policy played a role in the inflation cycle. Mr. Burns argued that higher…
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