David Knights' Weblog

February 13, 2019

More Venezuela news

Filed under: Politics — dknights @ 10:39 am
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As protests continue, this story highlights some of the human cost of socialism.  BUT, never forget, a majority of the Venezuelans brought this on themselves by buying into all the promises socialists made. Promises of an easier life and a guaranty that the government would take care of them.  They always promise this.  They never deliver.

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February 7, 2019

Taxes, how do they work?

Filed under: Politics — dknights @ 4:31 am
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If a state has high income taxes, and the federal government stops subsidizing them by limiting the federal deductibility of SALT taxes, comedy ensues.

 

February 6, 2019

Boeing

Filed under: Technology — dknights @ 9:59 am
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I think Boeing is an amazingly well-run company.  I think their decision not to compete with the A380 and instead develop the 787 was strategic genius.  However, I doubt the wisdom of developing a supersonic business jet.  I am just not sure the market is big enough to justify the investment.

January 24, 2019

Revolution?

Filed under: Politics — dknights @ 9:31 am
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Things are developing quickly in Venezuela.  It is unclear if this is the beginning of the end of Maduro or if he can hold onto power.  I hope the former.

January 20, 2019

Jamaica news

Filed under: Politics — dknights @ 9:07 am
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Jamaica had the best performing stock market in the world last year.  Interesting to see the turn around in the Jamaican economy.

January 17, 2019

Heart-wrenching

Filed under: Politics — dknights @ 2:58 pm
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Just heart-wrenching.  How many times does man need to learn the lesson of socialism’s failures?

January 14, 2019

Boeing’s transonic wing

Filed under: Technology — dknights @ 10:10 am
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Boeing is working on a “transonic wing” that will allow airliners to fly close to, but not exceed the speed of sound.  This would cut some longer flight travel times by a significant amount, at a much lower cost than a supersonic airliner.

January 12, 2019

Cuba

Filed under: Politics — dknights @ 3:01 pm
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I have spent a fair amount of time lately on the crisis in Venezuela, but we should not forget the other socialist hellhole in the western hemisphere, Cuba.  Here is an article on how folks scrape by there.

January 9, 2019

Two seemingly unrelated stories

Filed under: Politics — dknights @ 6:27 am
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But they are.

USN doing more freedom of navigation trips in the South China Sea

and

China’s population declines for the first time in 70 years.

January 6, 2019

Dunn’s River Falls

Filed under: Family,General — dknights @ 6:24 am
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I’ve been to it and it is beautiful.  Do to liability and environmental issues, you’d never have an attraction like it in the US.  Like many things in Jamaica, it is apparent suffering from mismanagement. Unfortunately the news story is very short on details.

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