The blog discusses current affairs and development of national economic and social health through unique idea generation. Consider the blog a type of thought experiment where ideas are generated to be pondered but should never be considered definitive as a final conclusion. It is just a pathway to understanding and one may equally reject as accept ideas as theoretical dribble. New perspectives, new opportunities, for a new generation. “The price of freedom is eternal vigilance.”—Thomas Jefferson
Economists, business executives, and investors of all types like to see some of the projections that banks offer. These banks conducted their own analysis to help determine future investor strategies. Remember, that banks make money when people trust their advice and are willing to deposit, invest and earn a profit on capital. Watching banks, especially different banks, can give you a benchmark of what institutional investors are thinking as they navigate the fringe (Things that haven't happened yet). Assuming that the metrics they are using are not outdated or misrepresented each uses their own particular (but related) strategies to forecast. Bayesian Time Varying Models.
Bank of America Securities offers some discussion on supply chain disruptions (That is also why I think the U.S. should update its infrastructure, shorten its supply chains, and engage in mutual development projects with Canada and Mexico to corner the different price bands of new products to price out products from countries that aren't as innovative and have been relying on low cost copy manufacturing to maintain profits; without calculating other costs to things like environment. Thinking of methods to limit market entry. See Data Monster, Environmental Scanning, Essential Pricing Strategy, and Evolutional Game Theory Market EntryFYI. not that first long sentence is grammatically correct. 😏)
$750K is doesn't seem like a lot of money today but it can go a long way in supporting historical preservation within the state. Matched with the good will of many of our Historical Societies (Delta County Historical Society as a possible example) can go further than expected. Our past and our future are tied together as we navigate from the systems of the old (i.e. lighthouses and telescopes) to the new (emergency port/communications beacons and next generation satellite supply chain navigation.).
While many of these buildings will move into historical status they also remind us of a time when we were growing, building and thriving as a nation. Perhaps someday we can find some use for those towers to both preserve them but also help strengthen the navigation system by blending the old and the new. Where there is a will there is a way!
(Upper Michigan Source) Federal Historic Preservation Funds To Support Communities Along The Great Lakes (
Governor Gretchen Whitmer Tuesday announced that the Michigan State Historic Preservation Office (SHPO) has been awarded a $750,000 Paul Bruhn Historic Revitalization Grant from the National Park Service to support the preservation of historic buildings in rural communities located along the Great Lakes statewide.
The SHPO application received bipartisan Congressional support from members including U.S. Senator Debbie Stabenow (D-MI), U.S. Senator Gary Peters (D-MI), U.S. Representative Jack Bergman (R-MI) and U.S. Representative Fred Upton (R-MI).
Focused on the historic preservation of culturally or archaeologically significant sites throughout the state, Michigan’s State Historic Preservation Office’s main function is to provide technical assistance to local communities in their efforts to identify, evaluate, designate, interpret and protect Michigan’s historic above- and below-ground resources. SHPO also administers an incentives program that includes federal tax credits and pass-through grants available to certified local governments.
U.S. Capitol Police arrest White supremist with bayonet and machete hovering around a Democratic National Committee. The guy says that he is "on patrol" but one would wonder if part of a patrol group or on his own. (I suspect if it was truly in sequence it wouldn't be a single person out there doing these things.). This is where mental health and understanding the deeper motives of the person might be of benefit. While these situations are striking they do offer an opportunity to better understanding the underlining mechanics of behavior.
Inside truck. Deer horns on front of truck indicates another issue.
Of course we might look at groups the person was involved with, websites, close associates, coworkers and any other historical info that might be relevant. Because this is happening in real time we can also say it can be solid place to double check on intent of associated group members (If not a mental health issue). Once you sort of grab weapons you become dangerous and if associated with others acting in a similar/coordinated fashion you have a potential network of extremists.
Interviewing techniques will be important here. One must not lead but draw the answer by asking relevant and associated questions that can prompt memories and emotional reactions. That in turn can be used to gauge other unexplored avenues and even hidden motivations (Don't be quick to judge emotional reactions...but just take note. Some are not what you think they mean but you do need to look toward association of reactions and biometric responses.) Biometric Behavior Detection.
When approaching situations you might want to look to understand before judging. Judging can lead to bias in understanding thus its beneficial to just listen and learn to gain a better understanding and foot hold. People tell you all types of things about themselves without actually knowing it. You just need to know what to look for and how that fits within the context of other information. Once the information (evidence) is gathered one can start to make conclusions. We just need to make sure we aren't pre-organizing the information without the ability to reorganize for other theories (rigidity of thought)
If your interested in learning about Capitol Police you may checkout their site. They are looking for people who want to serve their country in the careers section. If you ever had interest now might be the time to apply. These are the people who protected us from the risk of a first way of extremism sacking our capitol.
"The United States Capitol Police (USCP) is a CALEA nationally-accredited, federal law enforcement agency. The USCP safeguards the Congress, its legislative process, Members of Congress, employees, visitors, and facilities from crime, disruption, and terrorism. We protect and secure Congress so it can fulfill its constitutional and legislative responsibilities in a safe, secure, and open environment."
Side note: As a conservative I'm all for healthy debate and encourage that as a method of learning from each other. Silencing and intimidating others through the use of force is not acceptable in any of its forms.
Escanaba hosts an excellent harbor as ideal place to dock your boat and enjoy some downtown time within a short walking/biking distance (Marina has bikes you can rent for free.). Great park, beach, walkways and nearby dining/events turns a boating trip into a total fun experience. Escanaba is one of those places that it is already awesome but certainly could attract new firms and businesses downtown. I've traveled some around the country and this is a forest blanketed small city/town right on the coast that could offer both fun and investment opportunities for business/government stakeholders.
When investors look at locations like Escanaba they may analyze characteristics like infrastructure (shipping, water, electric, roads, ports, etc...), buildings, skilled labor, government support, crime rates/policing, housing recreation and fun (etc...) to get a big picture of how their business and investment dollars may fit. Availability of information will make a difference in attracting and retaining interest. Availability of Financial Info and Virtual Capital Communities
Today is a day of remembrance and while we mourn the loss of so much let us take hope in the future. The post 9'11 level era, and what we have learned from it, is closing and new opportunities to take that knowledge of the world and build something fantastic. A nation ready to learn, grow, develop and integrate its people into a single national vision.
You may want to watch the different speeches about this tragic day and where our focus may lay. Each of these presidents has insightful knowledge of the events (part of the job of being a president) and something to say. No doubt we will strive for greatness as a nation by setting our sights over the horizon (next 20 years and into a new Digital Era) and we will navigate that path together as a single people! The time for civility and nation building has begun.
Side note American Renaissance: As a hypothetical mental puzzle.... Could we turn what we learned over the last 20 years into something that solidifies our national image, universalized global values, and build the very first advance digital era/information age (next gen. manufacturing) nation before China? ok ok hold on before you judge....because this could be a useful method of looking at options and strategies to take where we are today and build back better for tomorrow in a way that enhances human capital and technological innovations (which we will need to overcome future challenges). If nothing else, this is just good fun to think about how innovation and development works on a nano, micro and macro level.....
Ideas are based on a theory on transactional change, human adaptation and development that can lead to the advancement of society (Hegel and Reason). Its possible to move to the next state of economic/social development (i.e. human spirit) butI suspect it would take an awful lot of coordinated focus from different sectors/circles of society to spark the synergy needed to launch an American Renaissance (People from different backgrounds and parties would want to engage in a nation building exercise through mutual self interest. That may require people to move out of their standard mode of thinking and into new ways of thinking. 😬 Bounded Rationality Stakeholder Theory )National leadership currently compromises in an amebic fashion but often catering to special interest where a more unified vision of general guidance would be helpful in matching human development with technology development for a more beneficial and prosperous future. (We say generalized because specifics are often situational and designed to put out fires but the overall process is on a pathway to somewhere...the destination/vision.)
If we look back in history we will see China, Europe, and the Islamic Society had at least one Renaissance in their development (that influenced how the world thought.). With environmental changes, matched with emerging technologies and developments in our scientific understanding of our species (macro such as big data or space flight and micro such as DNA mapping and psychological/AI/physical connections. i.e. Descartes Error. ) maybe its our turn? New technologies matched with paradigm shifts in a couple of scientific fields can sometimes create new lines of development across multiple industry sectors through spurts in rapid innovation (Maximizing Intellectual Capital and Intuition and Science, Scientific Breakthroughs, Export Info Diffuse and Firms Intellectual Capital).
(When innovative growth is sustained in a couple of societal sectors it fosters changes in human thought that can lead to the start of a Renaissance. The Renaissance shifts how we understand and live through new levels of awareness and fundamentally different methods of navigating our environmental challenges that leads to more discoveries. Not sure anyone would know where that level is set because it is often seen in historical hindsight when innovation was a much slower process and key indicators like documents were lost to physical depletion. i.e. printing press sharing knowledge that increases transactional changes. i.e.. the re-emergence of new thoughts from the ancient Greek and Islamic Empires led to whole new ways of thinking through an additive and synergistic process by changing the way in which society viewed itself. ).
Renaissances are created when multiple lines of development (i.e. supply chain, energy sources, clean technology, space flight, better batteries, new education models, government moving online, etc...) converge at a single time in history where heightened interaction and changes in fundamental assumptions occur to overcome challenges in a way that creates more then the sum of their parts (i.e. synergy that amplifies change. For example companies sometimes innovate their environments together but do so on a small scale. Companies in Post Pandemic Digital Economy). Fundamental shifts in new ways of doing things often make elemental adjustments in the ways of functioning in other fields through new knowledge and insight (catalyzing into a Renaissance).
I'm not an expert on societal shifts but Causes of the Renaissance is kind of cool to read and you can see some similarities with our modern times . This is just a mental exercise to highlight perspective that society is always changing and most of us don't see it until we look back and reflect (We are limited in our perceptual perspective because we don't understand info in real time and how it creates a sequence of events. I'm not trying to be deterministic by discounting randomness, leadership, and the unseen/unknown. ). History is being made now and today. ...perhaps its possible with focused innovation to hit an unseen/emerging developmental target/milestone. DC New Industry Model, DC Subfactors, Global "Connect" UP, Hub Interaction, Sustainable Economic Reinvest, and Cross Structure Synergy.
As a hypothetical maybe a little more focus on positive change might do us some "home and hearth" good in drawing people to do something meaningful together; instead of focusing on our differences. 👌 Having a vision/goal for people to orient their thoughts and behaviors around can adjust developmental trajectories of not only people but also the products we make, use and sell to the world. What is the real difference between the printing press and the Internet anyway? Triangulation of data for social constructivism? Sorry...super philosophical here. I think I'm going to watch some tv or something now. I'm happy someone invented Hulu/Netflix and Amazon 🤓📚
"He who loves practice without theory is like the sailor who boards ship without a rudder and compass and never knows where he may cast."
We shall never forget! We will overcome! Some of us still believe!
September 11th, 2001 will forever be burned in our national conscious as the day the world went silent. It also started a new era and brought forth a commitment to eradicate extremism where ever we find it. As we face extremism in our hometowns today we must now rise to that challenge again in a way that requires real commitment from our politicians, judges and business leaders to get on board. We can no longer afford to turn a blind eye to the new monster brewing under our beds. It will take a nation of forward thinking people to thwart extremism no matter the perpetrators race, religion, ideology. America is based in a dream of freedom and the ability of people to be their very best through the universalization of its values.
We may have withdrawn from Afghanistan but the real fight over extremism may have just started. We need new tools to deal with domestic issues. Michigan Hate Crime Reform. Let us just hope our national leaders take these concerns seriously and look at these complex problems anew! This is not the time to drop the torch. May God give them the foresight to see forming trends and stand to master those challenges.
The Brookings Institute published on their site an interesting study on what our country might look like if we created additional equality between racial groups. Different researchers are likely to come out with different ways of looking at how to measure equality in economic terms but the overall concept is a beneficial one to consider. The researchers reviewed five metrics of our working population that included employment, education attainment, hours worked, educational utilization and earnings. This is what they found.....
"Then, in The economic gains from equity, they conducted a thought experiment, asking: “How much larger would the U.S. economic pie be if opportunities and outcomes were more equally distributed by race and ethnicity?” Their answer is $22.9 trillion over the 30-year period." (Buckman, Choi & Daly, 2021. para 2)
You can download the full report at the citation link below. What I want you to do is take a look at this chart to the right provided by Reuters reporters Ann Saphir (edited by Richard Pullin). What you will see is that there is a noticeable but consistent gap between White and Black. Black workers and White workers are part of the very same employment economic trend but one is noticeably about 10% lower and more erratic.
What I would like to bring into this is the concept of self-efficacy. If we controlled for every variable we would not at this juncture be able to control for things like social connections, belief that effort equals rewards (improper implicit prompting), and legacy issues (See where some of this can get grey?) What I can say is this, we will solve this problem in the future but at the moment the best way to improve national performance by universalizing our values and removing energy wasting roadblocks that limit our capitalistic potential (effort, performance and reward without regard to race and religion.). Economic Gains Equity Conference Draft
People think that they have all the answers. I'm going to say as a person who has lived with lots of minorities with two mixed race children I cannot begin to count on all my hands and toes the times my resume was pitched in the trash even though I was more qualified than the other candidates. I cannot count on my hands and toes 3X over how things change across the racial/religious divide (I can explain that but it takes a long time and now isn't that time.) Your world changes and all those great opportunities are intentionally stripped away and you have very little to show for all your effort. There is a completely different world that unless you walked in another's shoes for a while you won't get it (Its not politics...its deeper than that. I'm also limited in my perspective but likely one of the few in this country that can claim crossing across that invisible border many times over just to sort of understand the comparison. When you are seen as "other", Arab, Black, etc... things are different. Some people will actually block your success even when your performance exceeds their options (meaning limited organizational performance). The posting and hiring process is often just a formality but the person from their social networks or prior workplace usually gets the job. It takes a toll on that self-efficacy because rewards don't match effort in the same way it does for many others. The more educated people are, the less this seems to be a problem. The silver lining is there are also some really cool people out there that give others a chance. )
"The Fall 2021 BPEA conference was a one-day, virtual event on Thursday, September 9, hosted by Brookings’s Economic Studies program. While BPEA conferences are usually small, invitation-only gatherings, the Brookings Institution opened its proceedings to anyone who wished to observe the vanguard of economic thought around global economic issues."
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