Archive for the ‘Industry’ Category

PG&E’s LIBERAL/LEFTIST POLICIES IN CALILFORNIA

Tuesday, October 29th, 2019

 

This article was written before the latest California wildfires which are happening now.  This is an excellent article giving detailed information why PG&E’s liberal/leftist policies in California have been the cause of most of this disaster.  California is burning.   If liberal/leftist  agendas are implemented throughout our country, our whole nation will be collapsing.      Nancy    Trump 2020 !  
THE WALL STREET JOURNAL

Stakeholder’ Capitalism in Action

By the left’s lights, PG&E is a perfect corporate citizen. Liberal California pols attack it anyway.

by Allysia Finley Ms. Finley is a member of the Journal’s editorial board
 October 22, 2019
 

Pacific Gas and Electric Co. is getting incinerated by California politicians for shutting off power to two million residents amid heavy, dry winds. The publicly traded San Francisco-based utility has been found responsible for two dozen or so wildfires since 2016, some caused by power lines sagging from steel towers more than a century old.

The purpose of the blackouts was to avoid more damage from an aging grid that has not been adequately maintained. In January PG&E filed for chapter 11 bankruptcy to restructure tens of billions of dollars in liabilities, including for wildfire. Democrats, including Gov. Gavin Newsom, are predictably lambasting the company for prioritizing profits over safety. San Jose Mayor Sam Liccardo says he wants to turn it into a nonprofit.

Yet PG&E exemplifies the left’s “stakeholder” model, according to which businesses are accountable not only to their shareholders but also their workers, the environment and local communities and society at large. In practice, that means businesses exist to serve their political overlords.

Utilities are among the most heavily regulated businesses. In California, their rates and return on equity—that is, profits—are set by the California Public Utilities Commission and the Federal Energy Regulatory Commission. Every three years PG&E must submit funding plans to the CPUC, which holds public hearings with “stakeholders,” including customers and activist groups.

The commission and the state Legislature can also dictate energy investments. State law requires utilities to obtain 60% of their power from “renewable” sources by 2030. The commission has also ordered utilities to buy energy from homeowners with solar panels, paying them a higher rate than wholesale power providers get. Last year the commission directed PG&E to install 7,500 electric-car charging stations at apartment buildings and workplaces.

If shareholders want to earn a decent profit, they have to indulge their political masters’ fashionable views on matters such as climate, identity politics and corporate governance. Thus PG&E’s website defines “environmental justice” as “making better business decisions by understanding and considering the potential impacts of our activities and investments on low-income communities and communities of color.”

The utility also proclaims that “diversity and inclusion are integral to how we do business” and “are embedded throughout the lifecycle of our talent management programs.” PG&E boasts a chief diversity officer, a Diversity Council and a Compliance and Public Policy Committee on its board to review its diversity metrics.

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OBAMA’S INCREDIBLE MOVIE MAKEOVER

Monday, September 16th, 2019

 

This is an extremely informative and interesting article about the subject of Obama’s first film that he and Michele  produced with Netflix.  As you will read, the author of this article is very critical of the part that Obama played in the original closing of this GM plant during the 2008/2009 financial crisis which Obama does not mention at all in his movie .  Talk about chutzpah !!!
I have included the official trailer of this movie and a link to view the entire movie at the bottom of this WSJ article.   Nancy
THE WALL STREET JOURNAL

Obama’s Incredible Movie Makeover

The former president has produced a film about a factory closing—without mentioning his own role in the drama

By Mike Turner,  Mr. Turner, a Republican, represents Ohio’s 10th Congressional District.  He served as mayor of Dayton , 1994 – 2002
September 14, 2019
EXCERPT FROM THIS ARTICLE:  It’s a fascinating and at times moving film. What’s interesting about it, though, is that it never once alludes to the part Mr. Obama played in diminishing the ability of Moraine’s laid off workers to transfer to other GM plants. The president’s role wasn’t indirect and isn’t a matter of dispute: His administration’s bailout deal for GM included a backroom exclusive agreement with the United Auto Workers. The hypocrisy of this Obama-backed film is astounding. Mr. Obama fails to acknowledge his direct role in creating the hardships the Moraine workers weathered. He had nothing whatsoever to do with the plant’s reopening—that was all the work of state and local officials and community leaders.

To put the point bluntly: If the president had his way, there would have been no plant to make a documentary about. “American Factory” would have been “Abandoned Parking Lot.”

Higher Ground, the production company formed last year by Barack and Michelle Obama in conjunction with Netflix, recently released its first film. “American Factory” is a documentary about a General Motors plant in Moraine, Ohio, a suburb of Dayton. The plant closed in 2008 and was reopened by a Chinese auto glass manufacturer in 2015. The film follows the lives of both the laid-off American workers and the Chinese workers brought in to run the new plant.

It’s a fascinating and at times moving film. What’s interesting about it, though, is that it never once alludes to the part Mr. Obama played in diminishing the ability of Moraine’s laid off workers to transfer to other GM plants. The president’s role wasn’t indirect and isn’t a matter of dispute: His administration’s bailout deal for GM included a backroom exclusive agreement with the United Auto Workers.

How does a nearly two-hour film telling the story of these workers fail even to mention the direct role the co-owner of the film’s production company played in creating their hardships? Did the filmmakers think no one would remember?

A quick refresher. The Obama administration’s auto bailout highly favored the UAW and its members. The GM plant in Moraine was unionized by the IUE-CWA. So—despite being one of the top GM facilities for quality, efficiency and production in the country—it was shuttered, and its employees were put at the back of the line when requesting transfers to other GM plants. Any non-UAW employees looking to transfer were forced to start as new hires, wiping clean any wages, tenure, and benefits built up during careers at other GM plants.

American Factory” documents the UAW’s efforts to unionize the reopened auto glass factory without any mention of the same union’s direct role in the GM plant’s closure. The Dayton community was left out in the cold—thousands of jobs lost, families devastated, longtime GM workers out on the street looking for work.

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VIDEO US/CHINA TRADE “WAR” EXPLAINED

Thursday, June 20th, 2019

 

 

Lots of stories surround the tariff “war”. Trump realizes that China  is attempting to economically rule the world by 2025. Trump has no intention of allowing that to happen.
We have the capability to stop China from stealing technology and taking jobs from America. This details very clearly the ideology behind the tariffs and the tools we have to stop it.
VIDEO – US/CHINA TRADE WAR EXPLAINED – WHO NEEDS WHO?
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THE GREEN NEW DEAL’S IMPOSSIBLE ELECTRIC GRID

Monday, February 25th, 2019

 

THE WALL STREET JOURNAL

The Green New Deal’s Impossible Electric Grid

Renewable energy can’t consistently balance power supply with demand.

Feb. 21, 2019

The San Gorgonio Pass wind farm in Palm Springs, Calif., Jan. 6.
The San Gorgonio Pass wind farm in Palm Springs, Calif., Jan. 6. PHOTO: RUARIDH STEWART/ZUMA PRESS

The Democrats’ Green New Deal calls for a fully renewable electric power grid. Regardless of the economic or political challenges of bringing this about, it is likely technologically impossible.

An electric power grid involves second-by-second balancing between generated supply and consumer demand. In the case of a sudden imbalance—such as from the loss of a generator’s output—all the remaining generators on the grid instantaneously pool together. Each one pitches in a small part of the required power to make up for the lost generator fast enough to keep supply and demand balanced.

This doesn’t work for wind and solar because you can’t spontaneously increase wind or sunshine. Hydro power is limited and unevenly distributed around the country. And for safety reasons, nuclear power—even if the Green New Dealers accepted it—can’t be cranked up to neutralize imbalances. Nor can consumer demand be suddenly reduced enough.

Fossil-fuel turbines, by contrast, very naturally compensate for sudden supply outages. The inertia of the spinning mass of rotors provides the extra energy needed to compensate for the loss for the first few seconds. (Wind-rotor inertia is too short-lived.) Meanwhile the generators’ on-line reserve capacity kicks in, giving a rapid boost in power output to prevent the turbines from slowing down. That substitute power, called “governor response,” lasts as long as 15 minutes. During that time a single replacement generator ramps up to compensate entirely for the loss. All the turbines on the grid are thereby restored to their original speed, and the governor response is rearmed for the next disturbance.

An all-renewables grid would require prohibitively expensive battery storage to compensate for sudden power losses. Even with batteries, the lost power would have to be fed through “inverters”—a technology that converts variable-wind-speed alternating current, solar-power direct current, and battery-power direct-current into alternating current—to allow for synthetic inertia and governor response in the case of a disruption.

Opinion: The Green New Deal Gets a Senate Vote

Opinion: The Green New Deal Gets a Senate Vote
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RUSSIAN HACKERS REACH U.S. UTILITY CONTROL ROOMS, HOMELAND SECURITY OFFICIALS SAY

Tuesday, August 7th, 2018

 

Well, this is comforting to know !   Nancy

Russian Hackers Reach U.S. Utility Control Rooms, Homeland Security Officials Say

Blackouts could have been caused after the networks of trusted vendors were easily penetrated

Officials of the Department of Homeland Security said hackers have reached the control rooms of U.S. electric utilities. PHOTO: ANDREW HARRER/BLOOMBERG NEWS

 

Hackers working for Russia claimed “hundreds of victims” last year in a giant and long-running campaign that put them inside the control rooms of U.S. electric utilities where they could have caused blackouts, federal officials said. They said the campaign likely is continuing.

The Russian hackers, who worked for a shadowy state-sponsored group previously identified as Dragonfly or Energetic Bear, broke into supposedly secure, “air-gapped” or isolated networks owned by utilities with relative ease by first penetrating the networks of key vendors who had trusted relationships with the power companies, said officials at the Department of Homeland Security.

“They got to the point where they could have thrown switches” and disrupted power flows, said Jonathan Homer, chief of industrial-control-system analysis for DHS.

DHS has been warning utility executives with security clearances about the Russian group’s threat to critical infrastructure since 2014. But the briefing on Monday was the first time that DHS has given out information in an unclassified setting with as much detail. It continues to withhold the names of victims but now says there were hundreds of victims, not a few dozen as had been said previously.

It also said some companies still may not know they have been compromised, because the attacks used credentials of actual employees to get inside utility networks, potentially making the intrusions more difficult to detect.

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FACEBOOK TO BANKS: GIVE US YOUR DATA, WE’LL GIVE YOU OUR USERS !!!!!

Monday, August 6th, 2018

 

I, for one, object !  How about you ?  Nancy

THE WALL STREET JOURNAL

Facebook to Banks: Give Us Your Data, We’ll Give You Our Users

Facebook has asked large U.S. banks to share detailed financial information about customers as it seeks to boost user engagement

August 6, 2018
Write to Emily Glazer at emily.glazer@wsj.com, Deepa Seetharaman at Deepa.Seetharaman@wsj.com and AnnaMaria Andriotis at annamaria.andriotis@wsj.com

The social media giant has asked large U.S. banks to share detailed financial information about their customers, including card transactions and checking account balances, as part of an effort to offer new services to users.

Facebook increasingly wants to be a platform where people buy and sell goods and services, besides connecting with friends. The company over the past year asked JPMorgan Chase JPM -0.31% & Co., Wells Fargo & Co., Citigroup Inc. -0.14% and U.S. Bancorp USB +0.08% to discuss potential offerings it could host for bank customers on Facebook Messenger, said people familiar with the matter.

Facebook has talked about a feature that would show its users their checking-account balances, the people said. It has also pitched fraud alerts, some of the people said.

Data privacy is a sticking point in the banks’ conversations with Facebook, according to people familiar with the matter. The talks are taking place as Facebook faces several investigations over its ties to political analytics firm Cambridge Analytica, which accessed data on as many 87 million Facebook users without their consent.

One large U.S. bank pulled away from talks due to privacy concerns, some of the people said.

Facebook has told banks that the additional customer information could be used to offer services that might entice users to spend more time on Messenger, a person familiar with the discussions said. The company is trying to deepen user engagement: Investors shaved more than $120 billion from its market value in one day last month after it said its growth is starting to slow.

Facebook said it wouldn’t use the bank data for ad-targeting purposes or share it with third parties.

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UNIONS IN THE WORKPLACE

Wednesday, June 6th, 2018

 

Both articles are about unions in the workplace.  The first article will make you feel hopeful; the second, not so much !!!   Nancy
THE WALL STREET JOURNAL
Fresh Air in the Swamp

Trump’s civil-service orders address all too common abuses.

By the Editorial Board
June 1, 2018

You wouldn’t know it from the media coverage, but only a few thousand government workers are political appointees. The rest are civil servants with nearly lifetime job security, which invites abuse that President Trump began to address last week with three new executive orders.

Their common theme is accountability for a federal civilian workforce of nearly 2.1 million. Most are honest professionals, but the civil-service system hasn’t been updated in 40 years and in many ways has been hijacked by unions. The result is often an entrenched federal elite that is judged by tenure more than performance.

The first Trump order goes directly at competence, streamlining procedures to remove poor workers. Under current law, employees flagged for removal have 30 days to shape up. Yet unions have forced additional regulatory hoops, and the average “Performance Improvement Plan” now stretches for months. The Government Accountability Office finds it can take an average of six months to a year to remove a poor performer, and another eight to resolve appeals.

The Trump order directs agencies to meet the law’s 30-day deadline, which is more than enough time to make a decision. The order also reaffirms the authority of agencies to make disciplinary decisions based on individual cases—rather than by one-size-fits-all union protections. Managers will be able to penalize misconduct based on the gravity of a specific infraction, rather than follow a proscribed course of “progressive discipline.”

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VIDEO – THREE WAYS CHINESE ACCESS U.S. TECHNOLOGY

Thursday, April 5th, 2018

 

VIDEO – 

Three Ways China Gets Its Hands on U.S. Tech

4/3/2018 3:05PM     

President Trump says China is forcing U.S. companies to transfer their technology secrets to China. WSJ’s Shelby Holliday tells you how. Illustration: Adele Morgan

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AMERICA’S SELF-IMPOSED URANIUM SHORTAGE

Friday, February 9th, 2018

 

In the midst of all the information swirling around about the  Uranium One Scandal where the Obama Administration allowed 20% of our uranium deposits to fall under the ownership of a Russian company, this article by Senator John Barraso gives us the very disturbing facts about our uranium production here in the U.S.
After reading this article, you might well be outraged that control over 20% of our uranium was given away.   Nancy
THE WALL STREET JOURNAL

America’s Self-Imposed Uranium Shortage

The U.S. and its allies have plenty, but we still buy from despots.

Uranium plays a vital role in maintaining America’s national security. The element powers nearly a quarter of the U.S. Navy’s fleet and keeps the lights on in around 20% of American homes and businesses. So why is the U.S. relying on adversaries to supply it with uranium?

The American West—including my home state of Wyoming—is rich in uranium. In 2016, commercial nuclear power plants purchased 50.6 million pounds of uranium, according to the Energy Information Administration. The U.S. could produce tens of millions of pounds a year, relying on friendly countries like Canada or Australia for the remainder. Yet the element often comes from nations like Russia, Kazakhstan and Uzbekistan. Together, the three supply around 40% of America’s commercial nuclear fuel.

America’s Self-Imposed Uranium Shortage
PHOTO: ISTOCK/GETTY IMAGES

Making matters worse, America’s only plant capable of preparing natural uranium for enrichment was idled last year. All uranium mined in the U.S. must now leave the country for processing in places like France and Canada. Then it is reimported for use in domestic nuclear power plants.

The federal government has made the situation worse. Since the 1990s, the Energy Department has maintained a stockpile of uranium from decommissioned nuclear weapons. For the past decade, the agency has actually bartered uranium away in exchange for services from contractors. The contractors then sell the uranium.

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DON’T TRUST THE CHINESE TO MAKE MICROCHIPS FOR THE MILITARY

Sunday, October 29th, 2017

 

 

Plain old common sense tells us that the U.S. should not depend on our adversaries to supply our military with essential military  components needed to protect this country.     Just because the Chinese can make these components cheaper than they are made in the U.S., does not mean we should be so short sighted as to make the functioning of  our military weapons dependent  on Chinese made components.  Nancy

THE WALL STREET JOURNAL

Don’t Trust the Chinese to Make Microchips for the Military

Congress should require defense manufacturers to buy vital electronics from American producers.

Friday, October 27, 2017
by Dan Nidess   Mr. Nidess, a former Marine, is a writer in San Francisco
EXCERPT FROM THIS ARTICLE:  

In 2011 microchips headed for U.S. Navy helicopters were found to carry defects that would have prevented them from firing missiles. Given that the chips came from China, there was a strong suspicion that the defect was the result of deliberate tampering. Sabotaging an adversary’s military equipment has a long and colorful history, and it would fit squarely in China’s strategy of asymmetrically undermining America’s conventional military superiority.

 

After an investigation the Navy concluded the defect was an unintentional flaw. This only raised additional concerns about the quality of critical electronics produced in China. Counterfeit Chinese chips have become a rampant problem affecting America’s military, the intelligence community and the Missile Defense Agency. Long and obscure supply chains make it almost impossible to verify the reliability and source for weapons-grade microchips.

The Defense Department is experimenting with different ways to detect fakes entering the supply chain and has pursued legal actionagainst traffickers. Such efforts, while welcome, are insufficient. Even if the Defense Advanced Research Projects Agency succeeds at reducing counterfeits, the U.S. will still be vulnerable to defects deliberately embedded by legitimate Chinese suppliers. The possibility that China will simply cut off access to the integrated circuits on which the military relies remains a risk as well.

 

The recent disclosure that Moscow co-opted the popular Russian cybersecurity firm Kaspersky Lab to aid its espionage efforts has highlighted the danger of relying on companies from adversary countries for the security of sensitive government systems. While the federal bureaucracy and Congress now are acting decisively to end American dependence on Russian-made software products, America’s national-security infrastructure has an even deeper vulnerability to address.

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