Something On My Mind

 Last week....I read a piece where a study came to a conclusion....that 52-percent of recent college graduates....are in jobs that don’t require a degree.  The hint is....you could have entered this job with a 2-year community college degree (figure at cost of $30k for two years).

Then they added....90-percent of jobs today....while requiring a college degree.....don’t really require a college degree. 

So here's the bad news....you pay $80k over four years for a piece of paper....while not really learning much of anything.  You arrive at x-company...learning that companies simply don't test for intelligence. You could be a half-wit, with a four-year degree....it's the paper that matters....not the intelligence.

I pondered over this....yeah, it makes perfect sense that AI will replace half of employees in ten years. The blunt end of the stick?  If you were a college taking in 10,000 students a year....you have probably 3-to-5 years to find a new 'gimmick'.  By 2035....you can cut out 90-percent of these students.

'Losses' Story

 Just a humble reminder....nearing $340-billion in unrealized 'losses' sitting in the lap of US banks.

What keeps the game 'going'?  Well....the fed, mostly.

The positive side?  2024/2025....the losses got less.  

I would expect a lot less in 2026. Looking back to 2008....man, as bad as it was....it might have been only half-that-bad.

Four Humble Observations

 1.  Somalians and billions in fraud.

I have this view....in the early 1990s....with Bush I still around as President, the CIA got hyped-up to get into fixing Somalia (heading toward civil conflict), and the answer then....set up a USAID account to help such-and-such group (called bang-up-group-one).

A year or two passes, now under Clinton....the CIA goes to help a second group (called bang-up-group-two).

By 2000....there's probably near $500-million flowing to a minimum of four groups.

Because of destruction in Somalia....the CIA gets Bush II convinced to bring Somalians into the US.  So we end up with Somalia communities in the Twin Cities (Minnesota), Seattle, and Springfield (Ohio).

As the months go by....these groups...familiar with funding....now get into fraud.

Crazy me....I'm thinking by 2012....you have the fraud-groups and USAID....probably supporting twenty-odd warlords in Somalia, with a minimum of two-billion dollars a year.

2025?  Crazy me.....I'm of the idea....that near $10-Billion a year....now support forty different war-lords in Somalia....keeping a war brewing around the clock.

Problem now?  Well....with USAID money cut-off, and the fraud-money figured out....there's no cash for war toys.

2. Epstein tied to some money-laundering effort in the early 1990s?  Well....out of Ohio, with Leslie Wexner, and a effort to fly planes (CIA-owned type) out of Columbus (Ohio)....into Somalia.  No one says gun-running, so it  makes me wonder....what were on the planes?

3.  Just odd....the mayor of Lawrence, Massachusetts, originally from Dominican Republic, requires a translator in court because he can’t understand English.

4.  Just a humble view....by April 2026....I suspect former President Obama is served, and asked to step into a grand jury situation.  I suspect that within 3 hours of the serving order....he's attempting to board a private jet for the UK.