This write-up is a follow-up to Frederick R. Smith’s previous essay, Tainted Railroad Honey Pot. Here, we will focus on the China Railway Rolling Stock Corporation's USA operations.
BIDEN DEPRESSION, Bloomberg predicts a 100% RECESSION. Biden has ceased using the Bidennomics word.
A black swan event, a phrase commonly used in the world of finance, is an extremely negative event or occurrence that is impossibly difficult to predict. In other words, black swan events are events that are unexpected and unknowable.
Dec 26, 2023·edited Dec 26, 2023Liked by Frederick R Smith
Biden’s Inflation Reduction Act Will Hike Prescription-drug Prices, Delay New Drugs
Contrary to its stated goal of reducing prescription-drug prices, the Inflation Reduction Act (IRA) is likely to drive drug prices higher and delay or prevent the release of new drugs, especially those for rare conditions.“IRA has made perverse incentives, so certain things don’t work anymore from a financial perspective,” David Epstein, the former CEO of biotech company Seagen, told Bloomberg. The problems, as usual, stem from two things: (1) unconstitutional federal programs such as Medicare, and (2) politicians’ naïve faith in their ability to legislate away the laws of economics
The stealth takeover and integration is happening before our eyes and long as we have a compromised, government and politicians at the helm of this once great country. Thank you for posting this.
Great essay Frederick. Thank you for your qualified coverage of the situation. A national security issue indeed like the many others involving China that are being allowed to happen by our government imbeciles.
Thanks, and indeed. For me it is an embarrassment having worked in this industry for 45 years. In the early years, it was a joy to a part of a truly American enterprise with all American railcars. For me, it started in 1982 when SEPTA ordered new subway cars from Kawasaki. They were bult well and if my memory serves me well, on time and budget. Nevertheless, that was a watershed moment that opened the flood gates.
UNIPARTY NAZI'S OWNED BY THE BLACK NOBILITY ARE NO DOUBT CELEBRATING AMERICAN DEGRADATION INTO MANUFACTURING OBSCURITY. WISH AN EARTHQUAKE WOULD STRIKE THE WHOLE EASTERN CORRIDOR AND WEST COAST AND DROP THE NAZI'S IN THE WATER.
Excellent question and I should have included an explanation. First what you note is true, like providing jobs. However, in an era of globalization, foreign direct investment has become a common avenue for businesses. They seek to expand their operations beyond national borders. Concerns arise about the sustainability and security of foreign-owned factories. Thus, they establish themselves in a "hollow" investment environment. There, the connection between the business and the local community is tenuous. My essay explores the transient nature of foreign-owned railcar factories in these environments. It also delves into the associated security concerns. That is why I placed investments in quotes. Of course, I have to be honest with myself: US businesses have done the same thing as other nations. I detest globalization (New World Order).
Black Swan event can be anything
https://www.zerohedge.com/political/cbs-news-reporter-makes-dark-prediction-black-swan-event-2024
Not good considering Climate Change garbage is considered a Disaster Emergency. Hope you like Breathing as it is a Climate Change issue.
Humans may be fueling global warming by breathing: new study
https://nypost.com/2023/12/19/news/humans-may-be-fueling-global-warming-by-breathing-new-study/
Shocking, I did not know any of this!
Globalization (Chinafacation) will be the death of us all, if not slavery.
BIDEN DEPRESSION, Bloomberg predicts a 100% RECESSION. Biden has ceased using the Bidennomics word.
A black swan event, a phrase commonly used in the world of finance, is an extremely negative event or occurrence that is impossibly difficult to predict. In other words, black swan events are events that are unexpected and unknowable.
https://www.cf.org/news/catherine-herridge-frets-over-prospect-of-black-swan-event-in-2024/
Biden’s Inflation Reduction Act Will Hike Prescription-drug Prices, Delay New Drugs
Contrary to its stated goal of reducing prescription-drug prices, the Inflation Reduction Act (IRA) is likely to drive drug prices higher and delay or prevent the release of new drugs, especially those for rare conditions.“IRA has made perverse incentives, so certain things don’t work anymore from a financial perspective,” David Epstein, the former CEO of biotech company Seagen, told Bloomberg. The problems, as usual, stem from two things: (1) unconstitutional federal programs such as Medicare, and (2) politicians’ naïve faith in their ability to legislate away the laws of economics
https://thenewamerican.com/us/bidens-inflation-reduction-act-will-hike-prescription-drug-prices-delay-new-drugs/
If they are like most new drugs, they are not ready for use in any market. They are not adequately tested, and have too many bad side effects.
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We Can't Let Fossil Fuels Die Because They Keep Us Alive
It is not just cars and leaf blowers, stoves, or even air conditioning. What is at stake is much deeper: human dignity.
https://thefederalist.com/2023/12/25/we-cant-let-fossil-fuels-die-because-they-keep-us-alive/
The stealth takeover and integration is happening before our eyes and long as we have a compromised, government and politicians at the helm of this once great country. Thank you for posting this.
My pleasure and your comments and support keep me motivated to do more.
We need more like you.
Great essay Frederick. Thank you for your qualified coverage of the situation. A national security issue indeed like the many others involving China that are being allowed to happen by our government imbeciles.
Thanks, and indeed. For me it is an embarrassment having worked in this industry for 45 years. In the early years, it was a joy to a part of a truly American enterprise with all American railcars. For me, it started in 1982 when SEPTA ordered new subway cars from Kawasaki. They were bult well and if my memory serves me well, on time and budget. Nevertheless, that was a watershed moment that opened the flood gates.
UNIPARTY NAZI'S OWNED BY THE BLACK NOBILITY ARE NO DOUBT CELEBRATING AMERICAN DEGRADATION INTO MANUFACTURING OBSCURITY. WISH AN EARTHQUAKE WOULD STRIKE THE WHOLE EASTERN CORRIDOR AND WEST COAST AND DROP THE NAZI'S IN THE WATER.
Good article. Why do you put investment in quotes? Whether the ultimate purpose, it is still an investment in a plant and it will provide jobs.
Excellent question and I should have included an explanation. First what you note is true, like providing jobs. However, in an era of globalization, foreign direct investment has become a common avenue for businesses. They seek to expand their operations beyond national borders. Concerns arise about the sustainability and security of foreign-owned factories. Thus, they establish themselves in a "hollow" investment environment. There, the connection between the business and the local community is tenuous. My essay explores the transient nature of foreign-owned railcar factories in these environments. It also delves into the associated security concerns. That is why I placed investments in quotes. Of course, I have to be honest with myself: US businesses have done the same thing as other nations. I detest globalization (New World Order).
Thank you for the clarification. That makes sense, and I agree with you, the connection to the local community is tenuous at best.
My pleasure