May 16, 2019
An Offer You Can’t Refuse
Bloomberg reporting on a ‘possible’ inflated market.
This chap has been commenting for a while now that the ‘possibility’ the other chaps talk about is (shall we say) an ‘optimistic spin’ at best and that ‘possibility’ should be spelt C-E-R-T-A-I-N-T-Y. By itsself, the article is not so interesting, but when seen in the light of something Stowe Boyd wrote in his newsletter this morning, its worth a post. …
He had read the NYT’s piece about WeWork’s upcoming ’offer you can’t refuse’ - AKA - IPO - noting that their losses as measured against their profits were on the high side (but nothing new there - its table stakes!). But he went on …
My follow-up question is this: What happens to WeWork in an economic downturn, when many of its thousands of short-term renters may opt to move out, while the company still has to pay on its long-term leases?
Stowe Boyd
What indeed? AirBNB, Uber, Lyft none of them have such commitments. It’s as if the founders of WeWork have no experience of a down market …. oh wait …
archive.aat
May 6, 2019
Read this if you’ve got ‘nothing to hide’
What an excellent 4 paragraphs, extracted form a larger - but not that long - article on Read Write Web.
”Saying you don’t care about privacy because you have nothing to hide is as selfish as saying you don’t care about people being hungry, because you’re not.
”When around people, we’re aware we’re being observed, and we act accordingly … This is privacy; the right to feel unobserved and act like nobody is watching. You have that right in your own home, and you should have that right online too.
”Before WWII, the city of Amsterdam figured it was nice to keep records of as much information as possible. They figured; the more you know about your citizens, the better you’ll be able to help them, and the citizens agreed. Then the Nazis came in looking for Jewish people, gay people, and anyone they didn’t like.”
”If someone says they have nothing to hide, ask them to unlock their phone and give it to you for ten minutes. If they hesitate they will have realized it’s nice to keep some things to yourself.
Read The Whole Thing
people.first
May 6, 2019
It’s A First - I Have Been Censored
I mean, I don’t mind, it’s a private group, the owner / moderator can and should do exactly what they think fit for their community. And they did. I am writing this now - so that I don’t lose the post I wrote … and to summarize my thoughts and response at the time.
Important. I have never been blocked from contributing to any site - anywhere - including Twitter and Facebook. In fact I have never had a post taken down … until this weekend that is. So a new experience. And I am all for those - aren’t you?
This Is What I Wrote
Venezuela - is Maduro legitimate or not ?
If legitimate … why is the US trying to overthrow him?
If not legitimate … why is the US trying to overthrow him when they spend no time seeking to overthrow a president anywhere else in the world. (Iran aside)
What does Iran and Venezuela have in common?
How does N. Korea fit into this strategy?
If we declared that ISIS ‘is dust’ - how do they keep creating havoc around the world? SriLanka being the latest.
If America doesn’t want to be involved with the world and
1)is throwing away treaties that said it should … and 2)pulling its troops out of places like Syria
Why is it threatening wars with a whole new set of countries that weren’t even on the list ….
These and other questions cause me to ponder this weekend .. what are you all up to?
”John, I removed your post on Venezuela. We don’t want this to become a political discussion forum. Too many divisive opinions in both directions and it is just one of those topics that we decided to exclude when we set up the game changer network.”
Background To The Response
I originally wrote my response as a private message to the group / owner moderator and as I was about to publish I had second thoughts. And let it sit. (I do that a lot).
And then I thought … why not write a blog post. To be clear – this is not an original idea (writing a blog post in reply to a message). I first got it from Brent Simmons here when I wrote to Brent and Manton in a blog post a couple of years ago.
Response To The Group Owner
I removed any specific references to the group itself to protect the innocent.
It is of course your prerogative to remove posts as you see fit … me, I think the discussion of small ‘p’ politics is essential to understand the world. My post was deliberately non party political (albeit contemporary in nature of examples), intending to get people to participate in dialogue about the world in a wider context.
To quote your own ‘About Us’ … “We provide rich content and a place to discuss business issues, challenges and ideas for entrepreneurs, solopreneurs and executives.”
…. if politics (not party politics - but world politics) are to be avoided, how do we start to get our head around the business issues and challenges of;
- political tariffs on our business
- being a country at war with our market places
- unfair advantages of large business competing with entrepreneurs and solopreneurs, because they can afford the lobbyists to help shape legislation in their favor.
Needless to say - I could go on.
.. let alone the effect of our families (which as a topic seems to be outside the mandate of the group, but posts occur) as our young are sent to war on behalf of the ‘ruling class’ - or learn from history - because it is clear that what is going on with Venezuela is pretty darn similar to what the US did with Cambodia that lead to Vietnam.
I commend you to visit Ribbon Farm and read the writings of Venkatesh Rao … this one specifically which dates back to 2011.
Short Read … he suggests that much as we have identified the four fundamental forces of the physical world, he writes that ‘culture’, ‘politics’, ‘war’ and ‘business’ are the four fundamental forces of the human world. Each force different. Each impacting us in different ways. Constantly, whether we care to admit, or even know it.
For example, it is clear that it is not necessary to understand or believe in gravity in order to fall from a plane …
… isn’t it then possible that we don’t need to understand or believe in politics in order to see its impact on small business.
… all the tariffs, including both the China duties, as well as those on imports of steel, aluminum and washing machines, have added $3 billion in tax costs per month.
Fox News
In Conclusion
This is not to seek to change your mind, but rather explain where I was coming from before one person commented about the political nature of how he took what I wrote. (If others wrote, I didn’t see them)
Anyway, no problem - conversation dead. And really - isn’t that just the issue of today. That’s why all of my writing exists outside of walled gardens, silos and control of others.
observations
April 23, 2019
Happy St. George’s Day
The English Flag
St. George’s Day Tuesday, April 23rd, 2019 is the day for all Englishmen and women to remember and celebrate the Patron Saint of England … St George.
I am going to predict the usual lackluster turn out on the day in England. There will have been some celebrations, a few street parties, and parades, events at London locations like Trafalgar Square and Vauxhall Gardens, Morris dancing in Leadenhall Market but on the whole, the day will pass by and definitely celebrated with less vigor than the celebrate the Patrons of Ireland, Scotland, and Wales.
I am not suggesting that the English would seek to compete with the Global St Patrick’s Day[1]. But we can definitely do better. The Irish understand what it is to be Irish. Wales turns out in force on the day of St. David. Since 2002, the Scots have flown the flag of St Andrew’s on St. Andrew’s day above all Scottish Government buildings. The Scots passion for their country is palpable. For example, while the flag of Scotland was officially defined by the Scottish Parliament in 2003, the flag of England still does not figure in any official legislation. Of course, this probably comes down to the fact that there is no English Government.
Meanwhile, In America, we have people self-identifying as Irish-Americans, Scottish-Americans, Scotch-Irish Americans, Welsh-Americans … but English-Americans? The term is officially recognized and occasionally referred to as Anglo-American … though that term, despite its specific origins of English seems to be used interchangeably with British-American[2].
It is clear that for centuries, even in England, that the idea of England, Great Britain, and the UK are often conflated and the confusion remains. This probably explains why you see questions on the internet asking; ‘Why does Great Britain have two flags?’ If you want to understand how all this came to be … CGP Grey has a wonderful video.
So if we English don’t really understand it, or at best ignore it, there is no surprise that a void was created and into that void came thugs, anarchists, nationalists, the far-right, The BNP and The English Defence League (don’t let that name confuse you) to name a few.
I have previously written that a significant cause of the ‘English Brexit vote’ stems from those days when it became clear to the English that The British Government was essentially going to treat them as second class citizens, remove their representation and focus on other nations.
It has then grown through other movements in the United Kingdom like Irish and Scottish independence and since Brexit, seems to have taken on a life of its own. But to celebrate St Andrew, declare yourself Scottish and celebrate your heritage does not make you a Nationalist. So why if I declare myself English, am proud of my country and fly the George Cross am I a bad person? Why should I be made to feel ashamed?
Robin Rendle, a fellow ‘Englishman abroad’ published this a couple of days ago …
After Brexit, the English flag is to the United Kingdom what the Confederate flag is to America.
It’s a symbol of watching Syria collapse and turning our backs on them. It’s a symbol of looking at Wales and Scotland and Northern Ireland, looking at this rich culture and heritage between us all, and tearing it up and running away. It’s a symbol of casting aside our economic and cultural bonds with the largest single market on earth and it’s a symbol of an ideological poison. An idea that can’t be stopped, that can’t be expunged or removed. An idea that has poisoned the well and now we’re all drinking from it, despite both sides knowing that it’s poison.
The next day I’m walking around London and I spot the English flag in a shop window and I clench my fist and try to hold back tears.
concluding with;
The English flag is an embarrassment to us all.
Well – it isn’t to me! How dare he. By all means, he can speak for himself, but not for us ‘all’. To be clear, Wales also voted to leave. London is in England but did not vote to leave. Robin needs to be more careful with his sweeping generalizations.
But this immigration stuff is hardly new. Consider these words;
England has become the habitation of outsiders and the dominion of foreigners. Today, no Englishman is earl, bishop, or abbott, and newcomers gnaw away at the riches and very innards of England; nor is there any hope for an end of this misery.
–William Of Malmesbury (1095 to 1143)
We have moved beyond those times. England rose up and overcame whatever it was that William had identified. (Remember his life on earth started just 30 years after the Norman Conquests.)
For me, I understand why we should stay in Europe. It would be for the best. I think we can still remain. But it requires our government to do something. Something that I am not seeing.
This is not the fault of England or the English. It is a failure of Government, leadership, policy, and rejection of the people of England by those in power for decades.
What we need to see is leadership, decisiveness, honesty, transparency and most importantly the English people taking back its power that the British Government has squandered.
It is not in the best interests of England, or the UK, to leave the EU … but a decision one way or the other … now .. whichever way it falls … would be better than what we have. If we leave. So be it. If the United Kingdom dissolves so be it. I’m not saying that is what we want, or that it would be good. But I for one have faith in the English.
With this mess of a political shit-storm, we call Brexit hurtling towards the country, as I feel Northern Ireland slipping away from the United Kingdom. Likewise Scotland. We, the English have a choice. Do something about it. Pull ourselves up and become one again – a country to be proud of. Or give up. Hand it over to the racists, thugs and small minded. If you are a true person of England, I think I know where you stand….
I see you stand like greyhounds in the slips,
Straining upon the start. The game’s afoot:
Follow your spirit, and upon this charge
Cry ‘God for Harry, England, and Saint George!’
Afterword: A Sporting Insight to the changing nature of Pride in England.
In 1966, when England won the world cup, the stadium was full of Union Jacks (and the occasional ‘Tricolour of Deutschland’). You would be hard pressed to find the ‘Cross of George’.
Fast forward to 2012 – still Wembley, same event (although a very different stadium), and it was quite the opposite.
See what happened there?
[1] Whilst the epic scale of the days is mainly due to Irish-Americans, the Irish have always respected their Patron Saint.
[2] Well over half the founding fathers were of English stock. Early settlers were overwhelmingly English. Arguably bit by bit America became to be seen and maybe even felt as an extension of England … so the Irish, Scots, Welsh carved out their own space – lest there be confusion. Proud indeed of their history, origins, and heritage. The English? They just assumed they were in New England. To all intents and purposes, they were.
humanity
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