Wednesday, November 30, 2016

60 Minutes Interviews Matteo Renzi of Italy

      The opening segment this past Sunday featured Italy and its young Premier, Matteo Renzi, the 41 year old leader of this Western European mainstay.   He revealed his position concerning this coming Sunday's referendum Election..   He has staked his political future on the outcome.  He hopes to change how politics is done on the peninsula.  He wants to reduce the number of senators in parliament in an attempt to reduce the roadblocks that exist to thwart legislation that is needed to push the economic growth of the nation.  Growth or lack there of has hampered all segments of the economy.  The banking sector stands out as the weak link of the entire economy.   Hundreds of millions of Euros in bad loans has weakened the banks ability to fund business expansion.  The ECB, managed by Italian Mario Draghi, has been doing all it can to promote business development and economic expansion without much success for the past 3 years.
     Matteo Renzi represents a significant change from business as usual in Italy.  At age 39, he was the youngest premier in Italy's history.  The former mayor of Florence rocketed to the top spot in record time.  Timing was on his side as unemployment rose and the ECB promoted austerity at all costs.  Wages were cut and businesses closed, putting people out of work from north to south.
     The election is Sunday.  The members of the EU await the outcome, knowing there is change in the wind.  (See UK and France and USA).   Will the populist approach find fertile ground in Italy?  The 5 Star MOvement is waiting in the wings.  This radical party of followers of Beppo Grillo the comedian hope to secure a large segment of Parliament.  Horrors.
We'll see.

Nancy Pelosi: Queen of the Infertile Coast

      So, birth rates are plummeting in the US among white residents.  Closer examination locates the low rate areas on both east coast and west coast.  Hmmm.   Aren't these the fortified bastions of liberal voters and constituents?  Yes, they are.  And where does the minority leader in the House, Mrs. Nancy Pelosi, hail from?  Why San Francisco, of course, the navel of Democratic One-Party leadership.   So, the 76 year old Grandmother will continue to dole out party favors to the Old Guard Dems who are still reeling from the November 8th setbacks at the polls across the fruited plain.  Absent the irascible Senator Harry Reid(1 more month), Nancy is the de facto leader of all Dems.
     A leadership challenger to Ms. Pelosi did so in a half-hearted attempt at change; but this was for show and not taken seriously by folks with brains.    Maybe she really is waiting for the electorate to swing back to the Dems, but it is more likely that she'll be sent home to Fog City long before that happens.  The voters wanted real change and they got it, come what may.   No more business/politics as usual, Thank you very much, Mr. Trump.   Hillary did not play her advantage well at all, and Ms. Pelosi hardly helped her cause.   Rarely was Grandma seen on the campaign trail: who wants that  support?  Not Hillary.   The Clintons will resort to speech making and tending the grandchild, and counting their ducats in the counting house at Chappaqua.
      The bigger problem facing the Dems, really, is the birth rate.  No kids= no votes.  Recent published figures indicate that Dems don't want families.  A survey of nationwide stats indicate very low or nonexistent replacement rates on both coasts.  Where the money/jobs are= no new children.  Hmmm.  Any chance of turning this around?   Not really: too much student debt, too much job insecurity; too much money; and too much narcissism.   Time will tell, but it doesn't look good for Dems.

Tuesday, November 29, 2016

Justin Trudeau: Laughing Stock of Western Hemisphere

      We could forgive him because of his relative youth; but we won't on that score or any other.  He 's the leader of  a modern democracy that enjoys excellent relations with its neighbor(s) to the south and the rest of the free world(note word -FREE).
     So, here we have this kid commenting on the passing of the Red Dictator Fidel Castro, architect of the imprisonment of a nation, CUBA.  Now we could go ahead and list the crimes of this modern day maniac, but they have been listed by others of late.  At the least, Mr. Trudeau should know better.  Why yes, Canadians have been visiting this island of no human rights for years; drinking rum, laying on the beach, hanging out in Old Havana as though nothing has changed since Batista's days before the Jesuit-trained Commie pushed the old order aside with promises of a "new" Democracy.
    Ha.  First thing the pirate did was execute 500 opponents and rivals.  "Up against the Wall" became a slogan of revolutionaries here, there and everywhere.  His band of cut-throat pirates even sent a few of their own up against the wall for even whispering dissent.  The lucky ones were sent to some hell hole prisons, like Guantanamo(Cuban version, only worse).   Even Fidel's protege, the murderous Che Guavera, the Argentinian pirate, took off from the island and went to Bolivia to try his version of Fidel's "revolution".  The Bolivians didn't appreciate his efforts and executed him in the jungle after he and his pirates were hunted down like so many dogs.
      So, now the Heritage Foundation will classify Mr. Trudeau as a "Pinko" and lower his rating to BBB-, or close to junk, where he belongs.  What an idiot!

Sunday, November 27, 2016

Cuba: The Wicked Witch is Dead

       At 90 years +, Fidel Castro has succumbed to Father Time, finally.   He leaves behind little Bro Raul, another follower of the Bolshevik Revolution that has died out worldwide excepting a few minor tyrannies.
     The Island of Cuba and its residents have been under the yoke of this failed system for almost 60 years.  That's a long time to live under constant threat of arrest and incarceration at the whim of a dictator.   But old Fidel managed to keep his myth alive by all the usual methods perfected in the Soviet Union during Stalin's rule and a few of his successors.   But eventually, the system crumbled.  In Cuba, despite its proximity to the Land of the North, 90 miles away, the Castro Brothers figured it out: give a little, lie a lot, and round up the dissenters right away.
     Now Cubans just have to wait for Little Bro to kick the bucket.  Shouldn't be too long, despite his rhetoric.   President Obama has reached out to the island, but little has been done to promote good will between countries.  Wary Raul doesn't want to bring down capitalism before Fidel is in the ground.   So, we will wait and see.
      Meanwhile, good riddance to bad rubbish.

Friday, November 25, 2016

Turkey President Lambasts EU

      Well it seems President Erdogan of Turkey is unhappy with recent announcements from Brussels and points West.  It appears that the coup attempt has unhinged this man, releasing all his demons.  He just recently(last Tuesday) fired 15,000 civil servants/gov. employees.  This follows various censorship moves, shutting down newspapers and shuttering media outlets.
      The former agreements to provide migrant control at the Turkish border appear to be in jeopardy.  Despite the EU's provision of E3 billion's to finance the effort, the Turkish government has made statements that this agreement is being reviewed.   All this political exchange underscores the ongoing Middle East quagmire as Russya steps up aerial bombing in the Syria city of Aleppo as the Assad regime attempts to drive out rebel forces.

Weather Front to Dump White Stuff

     Maybe it's not the ideal schedule, but come on-we need it.  The forecast for the rest of the weekend includes some serious snow mixed with some rain.  Word to the wise: if you have to get home before Monday morning-leave tonight.  That's right.  Do yourself and family and friends a favor, avoid the rush and the inevitable congestion on I- 80.  Well, maybe you don't care or you feel that the skiing will be great for the powder skis.
     Go ahead, gamble with your sanity.   This holiday weekend could set the tone for the entire winter ski season, including the Christmas holiday period.  The temps will hover around freezing, so there will be some slush and ice, both of which will contribute to difficult driving.  Postponed putting on snow tires?  Well, get smart: do it this morning before you can't/before you won't.  You owe it to your neighbors in Meeks Bay/Tahoma/Homewood.
    For the residents/permanents: enjoy the holiday and all those leftover turkey parts.  Make some soup.

Thursday, November 24, 2016

Nicolas Maduro Gets a Message From US DOJ

     The trial of two relatives of Venezuelan President Nicolas Maduro came to an end last week with two convictions.   The 2 nephews of the president were both convicted on multiple counts of drug trafficking and conspiracy to sell and distribute drugs in the US.  Captured by US authorities, the 2 were brought to the States and held for trial.   They were caught before they were allowed to carry out their dirty deeds.   They assumed that they would be immune from prosecution because of their relation with the president.   However, they were wrong, and now they face decades in US prisons for their crimes.
     Welcome to the US and its system of justice which continues to work just fine, unlike that in most Latin American countries, including the brothers' home in Venezuela.
     Maybe President Maduro, who is having his own troubles, will come north for a visit to check up on the 2 young drug dealers.  Maybe not.

US Stocks Soar to New HIghs

      Just when you thought that the post-election period would lack positive news, the US stock market achieved a new record high.   Going north of 19000 brings gains to new limits as the country heads into the shopping season of the 4th quarter.   Fully 1/4 of the consumer spending in the country happens between now and Christmas, an impressive effort.   The possibility of an interest rate increase by the FED has spurred a positive attitude among investors(mostly institutional types, of course).   The IPO of Blackrock was also a boost to the market, bringing one of the largest investment vehicles into the public sector.
     So, how are your stocks doing?   Up for the year?   That is a question on the tongues of many, especially those who have self directed IRA's.  Many pension funds have also seen meager returns this year at a time when many were calculating long term results on a 7% avg. rate of return, something not seen in years.
     Post election uncertainty has not helped many consumers open their wallets, but Black Friday(tomorrow) might yield some good news.   We'll see.

NYT Calls For Obama to Name Russya Hacker

      In a widely read editorial by NYT staff, the newspaper calls for Pres. Obama to reiterate Russya's role in hacking into DNC systems before the election on November 8th.   The writer(s) state that a warning is insufficient to thwart further hacking activities by state-sponsored Russyan hackers.  Mr. Putin is the new Asian  leader of disruptive geopolitical tactics, as practiced in Crimea, Ukraine, Syria, and Kaliningrad, Russya.  Admiral Mike Rodgers,  the director of the National Security Agency said last week "  This was a conscious effort by a nation-state to attempt to achieve a specific effect."  Seems rather clear on its face what message he is sending to the Kremlin.   Of course, Mad Vlad will hardly notice, if at all.
      The second part calls for more action on part of pres. Obama.  To wit: revealing how the hacking was done and by whom; disclosure of Russyan computer codes;   embarrass wealthy Kremlin officials by exposing their overseas bank accounts; and disable Russyan networks.   He could also impose further sanctions on Russyans responsible for hacking and bombings of civilians in Syria.
     The U.S. Congress has called for an examination of US -Russyan relations including the role of hacking into election machinery.
     The conservative approach has been unsatifying to the American people and it appears that President Elect Trump is not ready to change Obama's current policies toward Russya.   We'll see what happens as more information is made public.

Monday, November 21, 2016

Italy: Election Looms in December

      The NY Times ran a feature article yesterday about the Italian banking situation, its precarious state of affairs, Matteo Renzi-the Prime Minister, and the effects of a weak economy in an already weakened EU economy.   Mr. Renzi has placed his political future on an election that is just weeks away.  It is essentially a referendum on his government and his attempt to steer the country onto a path for growth across the whole spectrum of economic activity.
      In essence, he is attempting a very difficult task;  He wants to reduce the size of the Italian Parliament(lower the actual seat numbers) to a number that would make legislation easier to accomplish.   Right now, the number is in excess of 900 members.   Coalitions must be formed to produce laws and to change existing laws.   It is not easy given the cultural necessity to talk everything to the maximum degree.  But the pressing needs of the banking sector require tough new policies.   Italian banks have a heavy burden of bad loans.  Because of this burden, businesses are starved for capital to grow and expand.   Unemployment is at 11% and the critical 24-34 age group is suffering the most with figures well above the national rate.
     Germany has been stuck on its growth path as the country trys to deal with immigration on a massive scale.  Deutsche Bank has significant problems which could implode at anytime.  VW has announced layoffs of 11,000 workers caused in part by the ongoing scandal related to software that controls auto exhaust emissions in the US.
     The Italian election outcome could have a ripple effect beyond her borders.  Mr. Renzi has said he may resign as Prime Minister if the referendum fails to pass.  That would cause the government to be restructured/and realigned with new elections in the spring of 2017.  Business does not like a cloudy environment where capital is at risk.   Stability is necessary for investment.
     I encourage all eligible voters to vote "Yes" on Mr. Renzi's referendum, for Italy and for Europe.

Wednesday, November 16, 2016

Paul Ryan: Stability Comes to the Republicans

    Rep. Paul Ryan was voted in as Speaker of the House to solidify his hold over the lower house body.   His affirmation by the group represents a needed continuity of leadership as the president -elect seeks to inform the nation that his transition team is serious and respectable.  Mr. Ryan has taken a big step in providing confidence in the new regime taking over the White House in January.

Russya: Economics Equals State Problems

     Well, sports fans, seems that the Russyan economy is still slipping toward insolvency.  The Kremlin has just arrested the head of the economy.  Charges: taking bribes.  How shocking! Not in the fact of the matter but that they would accuse him of, of all things-taking bribes.   Why now?  Must be some recent reality hit the Onion Tops.  Could it be that somebody discovered that per capita income in the Ruble state is barely $9,000 per each?   Where does that leave the economic future of the largest country in the world?  In doubt as a viable entity, regardless of the repositioning of the "Baltic Fleet" to the Eastern Mediterranean sea.   Well, the attack on Aleppo is intensifying, and mr. Trump may not be ready to cozy up to Vlad over Ukraine and Crimea.
       What to do?   Not easy living in Russya.   Our representatives from Tahoma just returned from an inspection tour of European Russya and had some interesting facts to report:  the Moskova subway works well-fast, efficient, and on time.   The Volga River, the storied aquatic thoroughfare, is one of the most polluted in the world.   Hmmm.  Hasn't the Kremlin heard of environmental repair work?   Maybe it's not high on the Kremlin's list of fix-its.
Stay tuned, we'll give follow up to the case against the economic minister.

Friday, November 11, 2016

Veterans Day: 11/11/2016

   Today we salute all veterans, young and old.  There are an estimated 20 million American veterans of all conflicts and the Cold War era.  The largest number living today are Vietnam War veterans, representing about 34% of the number.  Actual Vietnam veterans number about 800,000 of the est. 2.5 million service men and women who participated.
     The Armed Forces Classic basketball tournament is underway at Pearl Harbor in Honolulu, Hawaii.  This is the sight of the attack by Japanese forces on Dec. 7, 1941 which commenced the involvement of America in World War II.  The USS Missouri is anchored in Pearl Harbor today as a memorial to all US servicemen who gave their lives 75 years ago during the attack.  It was on the decks of the ship that the surrender documents were signed by Ge. Douglas MacArthur and Japanese government representatives.

Mathew Turner: Ship Gets Power

      The Mathew Turner, still on the ways in Sausalito, CA, had 2 diesel engines installed recently.
Cummins Diesel Generators in place: engine space
Engine mount IFO aft water tight bulkhead
Hybridrive electric motor(1 of 2)
Diesel generator 1 of 2  
      The electric motors will drive the ship achieving 12+ knots when not under sail.  The ship will rely on batteries when operating.   With motors and generators and batteries, the ship will have a range of 2000 miles +/-.   The versatility of this system will enhance the experience of all passengers and crew when a sea.
     BAE engineers will meet staff in Sausalito next week to discuss the electrical system requirements with electricians who will accomplish the install.  There are at least 3 different systems that must be included according to the director.

Thursday, November 10, 2016

Book Review: The Season of the Witch

      A best -selling history of the city of San Francisco?   How does this happen?  One stocks the story with some of the most bizarre events of the late 20th century in a city widely recognized around the world.  What happened in this one location in a short window of time is the stuff of novels.  The founder of Salon,  author David Talbot, wrote a captivating history of the '60's, the '70's, and the '80's of a city rent by a series of remarkable and bizarre events.  The best-selling author of Brothers, a book about the Kennedy brothers, looks at the players and politicians who were deeply involved during the time period.   It looks at events that were part of the Baby Boomers' phase of early maturity during and after the Vietnam War which began in 1965 and ended in 1975 and hung like a pall over all the events mentioned.
     Published in 2012, it became a bestseller on the NYT pages.
     Who were the principal characters involved in San Francisco's turbulent times of the late 2oth century?  The list is long and the names are not obscure or unfamiliar.   Let's start from the beginning:
     In the '60's, we have rock impresario Bill Graham, the man who was responsible for putting body into the 'new' music.   He organized rock concerts right in the heart of the City, in the Fillmore District, the heart of old jazz music and Black culture.   Close on his heels were the rock stars themselves:  Janis Joplin, Grace Slick, Jerry Garcia, Paul Kantner, and John Fogerty.   Many bands were also unleashed during the time such as Big Brother and the Holding Company, the Quicksilver Messenger Service, and Moby Grape.
      Overlaid with the music scene was a political maelstrom of competing politics.  Joe Alioto, a native son, was elected mayor in 1968, at the height of the Vietnam War and the year after the "Summer of Love" of 1967.  He was a brilliant lawyer and had the backing of most areas of the City, excepting the Haight/Ashbury where the hippies/druggies/transients/ and dreamers landed.
     Another lawyer from the Irish side of the City was Vincent Hallinan, as Irish as Joe was Italian.  He represented various labor groups and individuals who were responsible for labor unrest that rocked the City from the mid-20's to the late '30's, shutting down the waterfront in 1934.
     As the music scene degenerated into chaos and confusion,   groups that splintered from the chaos sought a new direction and new goals.  Enter the Black Panthers, an all Black group out of Oakland across the Bay.   Then there was the SLF, a more radical group(of a handful) of mindless thugs bent on rage and terror.
     Other Characters included future US Sen. Diane Feinstein; future mayor and Speaker of the California State Assembly Willie Brown, State Senator and future Mayor, native son George Moscone, and clergyman Cecil Williams of Glide memorial Church in the City's Tenderloin.
     The whole mess was crowned by the alleged Rev. Jim Jones who wormed his way into local politics with money and masses of voters for anybody willing to pay. This raving maniac suckered most of the City's leaders, eventually getting caught with his church going under.  he left the City for Guyana where his cult murdered over 900 innocents, including almost 300 children.  He had placed his henchmen in key positions in the City's administration and always had inside information, especially within the city attorney's office run by Joe Freitas, Jr.
     Other players included Patty Hearst and her father, Randolph Hearst.  Dan White, who assassinated Geo. Moscone and supervisor Harvey Milk.   Topping this all was the AIDS crisis of the early '80's.
     David Talbot did a remarkable job, highlighting a period than continues to resonate across the country.   Diane Feinstein is still a US Senator.

Our Minister in Brasilia

Yesterday: The Lake at the Shoulder Season w/ Mt. Lyell-3pm
      Our Minister of Latin American Affairs is on the road again.  He was dispatched to the capitol of Brazil, Brasilia, last week, to conduct meetings with federal representatives.  His mission: to explain Donald Trump to an audience that cannot grasp the possible election of a political neophyte to run the largest economy in the world and one of the most populous Western nations.  It won't be easy.
     He has been to Brasilia many times, and while it is a relatively new city, access is difficult given its location far from the east coast where most Brazilians live(in Rio State).
     This week, he will be going to Argentina to take the pulse of that country.   It is now almost summertime in the southern hemisphere, and our minister has to cope with raising temperatures and a vacation-minded population.
     Not easy.  Updates to follow as he forwards dispatches home to Tahoma and Tahoe's West Shore.

Mr. President: Donald Trump

     Well, children, we have awakened, pinched ourselves and realized the nightmare is not a dream but the new reality.  Despite odds against him, the Donald prevailed over the democrat Hillary Clinton.  The message of the Donald was heard in the heartland of America: "I will change things for the you for the better."   These words of hope resonated with voters who have been left behind, especially after the recession of '08-'09.
     Hillary Clinton won the popular vote but lost the electoral college vote.   Her inability to carry the "Rust Belt" states of Pennsylvania, Ohio, and Wisconsin doomed her chances of securing a long sought victory.   No doubt the Clinton Era is over.  Millennials don't recall Pres. Bill Clinton, and were not sure of Hillary due to the baggage she obviously brought to the campaign.   Her integrated staff of professional campaigners missed a very large bloc of dissatisfied middle Americans who have felt left behind.   They gave Donald Trump the vote because he spoke to them in terms they could understand and identify with as the race tightened through the summer.
     Now the hard work begins for Democrats to figure out how to salvage their party from the Oval Office and a Republican Congress.   Good luck with that.
     The Dems now have to rebuild a coalition of candidates who can mount a challenge, the challenge of 2018 when more than 25 Congressional House seats are up for grabs.

Steph Curry: Does it Again

      The basketball star of the NBA Golden State Warriors did it again: broke and set a new record.  He has been MVP now for 2 seasons in a row, raising the bar for all the NBA players.  His scoring ability has transformed the game and the entire mindset of game theory and practice.  How does a team defend against a player who can score from almost anywhere, literally, on the court?  He has so many options available that even the most astute defender can be a victim of his immense talent(s).
     In a game last week, Mr. Curry did not score a 3-point goal, breaking a streak that extended for over 100 games.  The very next game, he scores 13 3-point goals, setting a new single game record.  He was relentless during the game, scoring almost at will from all over the court.  He is an absolute joy to watch as he dances around defenders who have the misfortune to draw him as their target.  He catches the defenders unawares by a pattern of moves and fake steps that leave the defender in the dust.   The poor defenders play catchup, hoping against hope that they do not look awkward and confused; but that becomes the usual outcome.
      After the record-breaking basket, Mr. Curry did a strut-walk that marked his effort, the walk more pride than taunt.   His winning smile dotted the performance as the crowd rose to its feet to help him celebrate the event.   Warriors' fans take great pride in the efforts of Stephen Curry, the Michael Jordan of this era.
     Last night, the Warriors played the San Antonio Spurs at home and fans were treated to the spectacle of the the Curry brothers playing against each other.   Seth Curry plays for the Spurs, and, while he looks similar, he is not Steph by any stretch.
     Enjoy the season; about 70 games to go.

Sunday, November 6, 2016

Turkey: Erdogan Takes it to the Next Level

       Turkey appears to be ready to go off the rails any minute.  The Prime Minister, Mr. Erdogan, seems to be carrying out a policy of repression to thwart any more efforts to redirect his administration toward a functional democracy.  His actions have been duly noted in Brussels and in Moskova.  Internal tensions have been exacerbated by recent arrests and a takeover of the country's largest independent newspaper.  Such actions spell trouble for the citizenry at a time when the 5+ year old war in neighboring Syria reaches critical mass.   The siege of Aleppo has dragged on for months with  no end it sight.
      Mr. Erdogan appears to be indifferent to criticism from his European allies or former allies.   EU leaders have called for a review of all agreements with Turkey.  This recent spate of arrests and takeovers is shocking in the eyes of experienced observers.   Is this the beginning of a long slide into an Islamist state?  Will secularism be sent packing into oblivion?
     The silencing of opposition news organizations is a chilling habit of dictators and repressive governments.   The arrests of thousands of intellectuals and teachers is another blow to the country.  Many thousands of teachers have lost their jobs since the "coup" was put down.   This action is always reported as necessary for the security and stability of a country's situation.   The Western European countries who had considered Turkey for EU membership are now calling for review, if not outright denial.   Mrs. Merkel of Germany is in a tight spot: she has made an agreement with Turkey to have migrants from Syria and other Middle East nations stopped in Turkey, short of their goal of Western Europe.  A package of financial assistance was agreed to as part of the deal.  Now what?
A vocal minority could be Erdogan's key to success, or, it could be the straw that broke the camel's back.
      Before the year is out, the end game should come into view.   Clarity will improve after the elections in the USA on Tuesday, November 8.

Thursday, November 3, 2016

Game 7 2016: the Greatest Game 7 Ever?

      The pundits will be rehashing the play-by-play for a generation.  The merry-go-round of players, especially pitchers, will provide fodder for columnists for years to come.   Watching that contest was to watch history in the making.  108 years of waiting kept fans glued to their seats and their TVs.
      Many predicted that the outcome was a tossup.  But a come from behind catch-up, a rain delay at a critical juncture?  Nobody knows how it affected the end results.  But, as Cub player Jason Heyward said in a team meeting he called during the delay, " we solidified our position to stay on point and go out and do what we came to do:win".
     So, fate played a role: a storm cell descended over the park and the game was stopped until the rain moved on.   It was only a matter of minutes, but it gave the Cubs a chance to regroup and absorb the new task ahead as the game went into the 10th inning.  Orvoldis Chapman, the ace reliever, was done; he would not be part of the game now. But he got credit for the win.  Two more bullpen relievers would face the Indians in the bottom of the 10th after the Cubs took a 2-run lead.   Joe Maddon kept his stoic appearance as his decision looked suspect at first, then brilliant at the end.
       Ben Zobrist, the veteran, was named MVP of the Series.  His clutch hit in the 10th made the difference.  He'll always be Chicago's hero of heroes until he's gone from the world we all live in. 

Aluminum: An Attractive Metal- to China

       Americans, among others, have been used to aluminum in the environment for generations via the ubiquitous soft drink can.  The vessel found its way around the world filled with Coca Cola and its many imitators.   It gave rise to the recycling business, creating armies of entrepeneurs who scour the landscape with it s trash containers brimming with empties.   Aluminum smelters/refiners were cranking out tons of the lightweight metal to satisfy the demands.  Bauxite miners bought new carriers and ever larger rigs to extract the ore to feed the smelters.  All of this activity caught the wandering eye of the Chinese government whose leaders saw opportunity.   Enter Chinese aluminum product.
       Since the year 2000, 15 of 21 American aluminum smelters have shut down, displacing over 5000 workers in the eastern US.  The remainder sites are in jeopardy.  The prices of Chinese imported aluminum product directly led to these closures.   Now a Chinese company wants to directly takeover a US company that produces here at home: Aleris Corp., based in Cleveland, Ohio, home of the Indians and LeBron's Cavaliers.   12 U.S. senators have sent a letter to the Obama administration asking to halt this acquisition.   The company, Zhongwang USA LLC offered the highest price ever for a US metals company.  Liu Zhongtian, who controls the company, is founder and chairman of Chinese aluminum giant China Zhongwang Holdings Ltd.   The letter sent was addressed to to Secretary Jacob Lew sighting the effect of certain defense-related aluminum products.  It has been a topic of concern when it was revealed 2 months ago that Mr. Liu was routing Chinese aluminum product through Mexico to avoid US import quotas and tariffs, given Mexico's trade status.
     Apparently, Mr. Liu thinks the investment in a domestic facility will make his entry into the American market legitimate.   Hmmmm.  Is this the country that is trying to intimidate the Phillipine Islands into submission in the South China Sea?   Is this the same China that is rousting political opponents in Hong Kong who espouse more independence?  Is this the same China that harasses Tibets on all issues?   Is this the same China that chases Muslims from their homes in the far western provinces?   Is this the same China that looks away from its client state of North Korea when the porky madman at the helm test fires another missile into the Sea of Japan?  Why, I believe it is.
      Concurrently, Germany is also dealing with a Chinese attempt to score a significant asset in that country: chip maker Aixtron.   Germany has withdrawn its approval of the purchase, sighting the issue of defense contracts and industrial secrets.   Chinese officials then criticized the move as "detrimental" to China/Germany trade agreements.  
    Nice try, Mr. Liu. 

Wednesday, November 2, 2016

World series: Over

Chicago Cubs: World Champions, first time in 108 years.

Stephan Crane, American Author: Happy Birthday

     "The cold passed reluctantly from earth, and the retiring fogs revealed an army stretched out on the hills, resting.  As the landscape changed from brown to green, the army awakened, and began to tremble with eagerness at the noise of rumors.  It cast its eyes upon the roads, which were growing from long troughs of liquid mud to proper thoroughfares.  A river, amber-tinted in the shadow of its banks, purled at the army's feet; and at night, when the stream had become of a sorrowful blackness, one could see across it the red, eye-like gleam of hostile campfires set in the low brows of the distant hills."
      The opening line of the classic novel, The Red Badge of Courage. (1895).  Stephen Crane was born in Newark in 1871, 5 years after the end of the American Civil War, on November 1st.   This tale of redemption of a soldier struck a cord with readers, especially among Civil War veterans, some of whom claimed to have served with the lad.   He was 24 years old when he wrote it.  Henry Fleming, the character, was the embodiment of the foot soldier stuck in a conflict he did not fathom with people he did not know, in places he had never been.  Welcome to war.

Tuesday, November 1, 2016

World Series: Game 6 in Books

      The Cubs came out swinging-with their bats, that is.  It started early in the 1st inning: a couple of hits, a fielding error(misplayed flyball), and aggressive base running. 3-0, Cubs.
    A short time later in the 3rd inning, Addison Russell got a hold of a pitch with the bases loaded: GRAND SLAM- Cubs up, 7-0.  They were rocking in Chi Town.
     Cleveland finally got on the board with a solo shot, and added another, 7-2.  Coach Joe madden went to his ace reliever in the 7th inning: 2 pitches, inning over.   Chapman pitched the 8th after Rizzo hit a 2 run homer, Cubs 9-2.
     Chapman started the 9th and the lead off Indian got a walk.   New pitcher.  Out No.1.  Then out No.2.  Then game over.
      There will be a game 7 tomorrow: always a thriller.   Loser goes home, winner goes home.  Season 2016:Over.
     Don't miss this game: coaches will hold nothing back.  Every chip will be put in the pot: All In.
Edge to Cleveland, the home team.  Gut feeling:  Cubs, momentum with back-to-back wins after being down 3-1.  Energy to Chicago.

Biden Hosts Island Nation Leaders

       In the first ever meeting among Pacific allies, President Biden hosted a tripartite meeting in Washington, DC. His goal: to indicate ...