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Saturday, December 24, 2011

Flight control

It's bad enough that I'm not allowed to use my iPad to read instead of a book when the plane is taking off or landing (even though the pilots are now being issued with iPads instead of paper manuals) but the phones thing is getting further out of control.

According to the F.A.A., 712 million passengers flew within the United States in 2010. Let’s assume that just 1 percent of those passengers — about two people per Boeing 737, a conservative number — left a cellphone, e-reader or laptop turned on during takeoff or landing. That would mean seven million people on 11 million flights endangered the lives of their fellow passengers.

Yet, in 2010, no crashes were attributed to people using technology on a plane. None were in 2009. Or 2008, 2007 and so on. You get the point.

[From Fliers Still Must Turn Off Devices, but It's Not Clear Why - NYTimes.com]

When I landed at a major US international airport a few days ago, we were informed by an announcement of board the plane, whole taxiing to our arrival stand, that we were required by the airport authorities to keep our phones switched off until we left the terminal building for "security reasons". An awful lot of passengers were pissed off about this, because they wanted to let relatives know that they had landed, check their messages and so on. There was a lot of grumbling as we stood in the 55 minutes line for immigration. Fortunately I had the latest "Economist" with me so I had something read while the people around me, some of them families with small children, had absolutely nothing to do. They weren't even allowed to listen to music or play handheld games.

I began to wonder what "security reasons" there might be for the prohibition. If I were a terrorist dedicated to the overthrow of the United States, then I would simply ignore it. So it can't be aimed at terrorists or criminals or other people who disobey the law. And if the "authorities" really don't want anyone to make phone calls inside their airport, then all they have to do is turn off the cells.

In the future, everyone will be famous to fifteen people.
[posted with ecto]

Wednesday, December 14, 2011

Stock arguments

Listening to the wireless whilst pottering around the house, I heard noted pop music impresario Pete Waterman bemoaning the laziness and stupidity of British youth. Now, I normally pay no attention at all to the drug-fuelled ramblings of music industry persons, but in this particular case he caught my attention, because he runs a business in the real world. Or, at least, in Crewe. He has an engineering works and has been trying to hire (I think he said) 20 apprentices but they won't do it because they start at 7.45am and he won't let them use mobile phones while using equipment. He said that he had had to look "further afield" to find the people he needs - he didn't specify but I assume he meant Poland or Latvia.

Meanwhile, my wife was in hospital recently and was being served lunch by a Latvian woman. She was a university graduate but was serving food in a hotel to earn some money in the UK while she bettered her English and went to college in the evening. I know that anecdote aren't statistics, but you see this sam pattern time and time again. Under New Labour insane plans to create an underclass that would form a permanent socialist voting bloc while using uncontrolled mass immigration to keep the lights on we have come close to rendering an entire generation unemployable.

By coincidence, I happened to have been at an employers gathering the day before. I don't want to say why, because it would be inappropriate to identify any of the particular organisations. but it was interesting here some of the CEOs talk about the problems of expanding their businesses in the UK. Some had made a very deliberate decision to expand overseas and it wasn't, as I would have imagined, all about wage levels. More than one of them said that it was simply not possible to find young people in the UK who were prepared to work all day. Someone I know tolerably well has moved his software development company from the south east of England to Romania. You don't just lose the jobs of the software developers, you lose the jobs of the receptionists, janitors, accountants, solicitors and so forth too.

One of the guys at the meeting I was at was talking about the new government apprentice scheme. They have ten places available for (paid) apprentices. Only two people even showed up for interview (in a country with over a million unemployed yoofs). One of the other guys was trying to to hire engineering graduates and couldn't find any. The chap from one of the universities present said that many engineering graduates go into banking and finance because it offers the potential for big bonuses.

What has gone wrong? The New Labour edukashun drive must have had even more disastrous effects on our young people than even I had imagined, and my kids go to state schools so I see the catastrophic reality every day. This leaves me with very little hope for the UK - naturally I am advising my own children to flee as soon as is practical - but someone please tell me that there is a ray of sunshine out there somewhere.

In the future, everyone will be famous to fifteen people.
[posted with ecto]

Monday, December 05, 2011

Derek and Clive

I was waiting for a bus in San Francisco. At the bus stop with me were two men, late teens or early twenties. One was African-American, one was Latino-American. They were both dressed in the standard uniform of very baggy jeans with the crotch below their knees, underpants showing so that they looked like escaping mental patients, strangely thick padded jackets (it was a very hot day) and hats. They were talking about potential career options. Their conversation was so ridiculous I dubbed them Derek and Clive. For younger readers, this is an allusion to an infamous series of albums made by Dudley Moore and Peter Cook. One of them actually said, and I swear to Roberto Mancini that I'm not making this up, that he'd considered being a judge, because he thought he would quite good at it (if I understood his vernacular), but had decided against it after discovering that you had to go to law school first.

I would much prefer to be a judge than a coal miner because of the absence of falling coal.

[From Peter Cook - Wikiquote]

The other youth said that he hadn't come to any firm conclusions yet but thought that he might like to work in the music industry.

In the future, everyone will be famous to fifteen people.
[posted with ecto]

Monday, November 14, 2011

Next right please, minister

If my taxi driver is a reliable barometer for the economic outlook, which I believe him to be, things are about to get better irrespective of what the CBI, or the berks running the "Treasury model" might think. He told me that business has been picking up lately and he attributes it to three things, each of which I think might serve as more practical guide for business than any number of MBA theories.

  1. He spent money on advertising and, in particular, expensive advertising on roundabouts.
  2. He bought another taxi company (for several tens of thousands of pounds) in order to consolidate but specifically because they had a better (i.e., simpler and more memorable) phone number than he did.
  3. He started to follow the weather more closely, making sure there were more taxis on the rank when it was cold and raining.

Should Vince Cable become involved in some sort of scandal and be forced to resign, I believe I can point to a ready-made replacement. The person who runs the Department of Business, Innovation and Skills should, in my opinion, be drawn from the ranks of those of create by far the great majority of jobs in these British Isles: SMEs. In fact, I'd go further and say that you shouldn't be allowed any senior position in BIS at all unless you had run an SME for some qualifying period. A few years working for a bank or an oil company doesn't put you in touch with the beating heart of UK plc. I would formally like to nominate my taxi driver as the next Minister for whatever it is that noted tax-evader Vince Cable is Minister of.

In the future, everyone will be famous to fifteen people.
[posted with ecto]

Sunday, October 30, 2011

Ministry of morons

Much as we changed the name of the "Ministry of War" to the "Ministry of Defence" in 1964, I think we should change the name of the "Department for Education" the "Department for Stupidity" to reflect the new reality. The increase in stupidity is inexorable. There was an article in New Scientist a few weeks ago that said that we are losing, on average, about 0.8 IQ points per generation because stupid people are having more children than clever people. The burgeoning underclass in the UK is testament to this and there's no solution in sight: the welfare state incentivises the production of children while uncontrolled mass immigration further adds to the population. Fortunately, some of the immigrants can read and write, thus providing a basic workforce, but the long-term trend is not encouraging. If you don't believe me, watch the Jeremy Kyle show or read a national tabloid newspaper.

One way to measure the decline in national intelligence might be to find a benchmark. Here's an interesting suggestion: use television quiz shows.

“Who is the head of the Ismaili community?” was one question, to which the correct reply was the Aga Khan. Another asked which British politician had bought shares in the Suez canal. Disraeli, it turned out.

[From Think Britain hasn't dumbed down? Just watch Bullseye - Telegraph]

This gives me an idea for an independent measure of national stupidity, free from political interference or distortion by the vested interests at the Ministry of Edukashun. Perhaps some academics could construct an index that simultaneously measures how much easier the questions are on the top-rated prime time quiz show, University Challenge.

Brain of Britain, on Radio 4, seems mercifully unaffected by the collapsing national intelligence so that could serve as a reference point. Then all we have to do is persuade the government to announce the national stupidity level each year and hopefully they will then try to manage it down. If national stupidity goes up, then I will expect the Minister to write a suitably apologetic letter to the Prime MInister and then resign. Although I suppose making the Bank of England write a letter apologising for the inflation figures doesn't seem to have improved them.

In the future, everyone will be famous to fifteen people.
[posted with ecto]

Monday, October 17, 2011

Taking a stand

A friend of a friend, a chap I've know for a few years, is a bankster: that is, he works at a bank that is "too big to fail". To be precise, he works on the fixed income desk for one of the big banks in the UK. His job, for many years, has been arranging syndicate loans for, primarily, PIGS. Basically, the governments run out of money, come to a bank for a few billion euros, that bank arranges a syndicate who each put up a few hundred million. The lead bank gets a few extra points for arranging the syndicate. This adds up. The bank makes a ton of money, my friend makes a ton of money -- enough to buy a very big house in the country near Woking and to send both of his kids to one of the most expensive private schools in the country -- and UK plc gets tax revenue.

Germany is pushing behind the scenes for a "hard" default in Greece with losses of up to 60pc for banks and pension funds

[From German push for Greek default risks EMU-wide 'snowball' - Telegraph]

So here's my question. Since the loans that my bankster friend arranged are about to go tits up, will he have to pay back 60% of the cash he earned? No, of course, not. And if his bank is going to go tits up because it was stupid enough to loan the money itself instead of palming the dodgy deals off on to syndicate partners, then the bank will go bankrupt, but my friend will still keep his cash. And of course, since the government won't let the bank to go down, the taxpayer (i.e., me) will end up paying.

Now, as a capitalist, I used to think that my friend deserved his bank balance because he was smarter than me or worked harder than me. But now I understand the actual dynamic --- which is that he was simply a lottery winner, having almost randomly chosen that line of work -- I'm outraged and my faith in "the system" is undermined. I've a good mind to go an join the Occupy Wall Street chaps, but unlike them, I know what I want. My demands will be for some actual capitalism in the city instead of the debased corporatism that has allowed the few to loot from the many.

And as I have previously noted, radical concentration of wealth actually destroys capitalism, turning it instead into socialism for the rich.

[From Guest Post: Extreme Inequality Helped Cause Both the Great Depression and the Current Economic Crisis « naked capitalism]

We need to stand firm against all forms of socialism, whether National (as in Germany), International (as in the Soviet Union), Bonkers (as in North Korea) or Tailored (as in Wall Street).

In the future, everyone will be famous to fifteen people.
[posted with ecto]

Sunday, October 09, 2011

Audio boo

Here's a +1 to Starbucks: the wifi is now free in the UK (finally) so you don't have to remember your loyalty card username and password any more. Great stuff. Personally, I prefer the coffee at Costa, but they don't have wifi so Starbucks will be getting my business again for the time being.

Here's a -1 to Starbucks: the music is too loud. I have my iPhone with me, so if I want to listen to music while I work, then I'll sort that out for myself thanks. Right now, I'm listening to Paul Jones BBC2 Rhythm & Blues Hour from a couple of weeks ago, and really enjoying, but I have to turn it up quite loud to block out what sounds like Jazz Odyssey in the background. So, Starbucks: if I want to listen to the two girls sitting next to me discussing who got with who at the party last night I can't hear them because of your music and if I don't then I can't hear my music because of your music. Loud music in coffee shops is so last century. Please turn it down.

In the future, everyone will be famous to fifteen people.
[posted with ecto]

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