BILL GATES COULD BUY EVERY HOME IN BOSTON
Including condos. Without taking out a mortgage.
To see which entire cities other wealthy Americans could buy, click here.
To understand why, even so, the Republican Party feels America’s billionaires should have yet more influence over our electoral process (most recently, the demand to increase party campaign contribution limits tenfold) . . . and should have to throw even fewer of their chips back into the game when they die (which is to say: none of them, with a zero percent estate tax; which is how Monopoly would work if, after your big brother beat you, you’d start out the new game with his having all the cash and real estate and your having nothing but the chance to collect $200 when you passed GO) . . . and to understand why the Republican Party thinks the banks should again be allowed to gamble with depositors’ money, reaping the profits when the bets win but bailed out by the taxpayers when they implode (another of their patriotic, principled demands this past week in return for not shutting down the government) . . . or why we should not put people back to work revitalizing our crumbling infrastructure, should not allow federal-student-loan-holders to refinance at today’s low rates as millions refinance their mortgages, should not perform universal background checks on gun buyers, should not allow a vote on the immigration bill that passed the Senate 68-32, should not boost the minimum wage, should not make it easy for people to vote . . . click . . . where? Here?
INCH BY INCH
Long-time readers will know that, where Sidney Greenstreet (aka, “The Fat Man”) had his Maltese Falcon, I have my Borealis . . . which has WheelTug . . . which could meaningfully improve the efficiency of global air travel and make us all a fortune.
I do know that Greenstreet’s dingus turned out to be a disappointment but I am of merely normal girth, and our dingus has been demonstrated to work, has 23 airlines signed up and a whole bunch of partners, like this new one:
HUNTSVILLE, AL–(Marketwired – Dec 11, 2014) – RMCI, Inc. announced today that it has signed a partnership agreement with WheelTug plc to develop and be the exclusive worldwide supplier of the sensor module for the forthcoming WheelTug E-Taxi system. The WheelTug system uses high-performance electric motors, installed in the nose gear wheels of an aircraft, to provide full mobility while on the ground, without the use of the aircraft’s jet engines or tugs for both pushback and taxi operations.
“RMCI is pleased to partner with WheelTug on this effort. The WheelTug system promises to revolutionize ground operations for airliners, providing dramatic savings in both time and engine wear,” said Ken Speaks, RMCI’s CEO. “We look forward to leveraging our expertise in aviation sensors, diagnostics, and avionics to design and produce a sensor module for this essential component of the WheelTug system. We have been working with WheelTug for several months, and our two organizations make a great team. I anticipate great success and significant mutual benefit as we move forward on this project.” . . .
☞ And so, mixing my Bogart metaphors all but unforgivably, we sit in Casablanca . . . and we wait.
And . . . wait.
[Hope to get back to this site’s just-past-midnight daily posting schedule Tuesday or Wednesday.]
Quote of the Day
Very few American investors buy any stock for the sake of something which is going to happen more than six months hence, even though its probability is exceedingly high; and it is out of taking advantage of this psychological peculiarity of theirs that most money is made.~John Maynard Keynes
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