CONFLICT WARNING: The Chinese government has preliminarily approved 38 Trump trademarks, which cover hotels, golf clubs and concierge services. While a director at a Hong Kong intellectual property outfit told the Associated Press that he’d never seen so many trademark applications approved so quickly, any special treatment in trademark rights received by President Trump would violate the U.S. Constitution, experts said.
SINFUL: The king of Saudi Arabia, Salman bin Abdul Aziz is taking a nine-day trip to Indonesia. Just to make sure he’s got all the bases covered he’s taking along 506 tons of luggage. Consider this, including my house, my vehicles, and everything I own, it all wouldn’t weigh anything close to 506 tons.
WE LOVE TO BOMB: Researchers have estimated, probably on the light side, that during the last year of Barack Obama’s administration the US military dropped 26,171 bombs on seven different nations. Continues to leave open the question of the worth of Curtis LeMay’s aerial bombardment as a workable strategy.
THE GOOD CAPITALIST: A guy named Charles Feeney made about $8 billion during his working life. Then he decided to give it all away to various causes. It was just announced that Feeney had finished his mission. It’s all gone except for $2 million he kept so to continue his “modest retirement.” Just goes to show that not all capitalists are assholes and one can share and still live a good life.
FASTER & FASTER: Most of you own a smartphone and most of you probably are enrolled in a 4G LTE data plan. While 4G is fast 5G will soon be knocking on the door and it’s lightning. I just read that 5G could download the entire collection of Simpson episodes in the time it took to watch a single episode. You’re going to begin hearing about it but don’t expect to have it for a couple more years.
CEO TAX: Portland has passed a tax that targets companies where the CEO makes 100 times as much money or more than the average employee. City businesses pay a tax of 2.2 percent of net income, but companies where the CEO makes more than 100 times as much will be assessed a further 10 percent tax, and if they make more than 250 times as much the penalty is a further 25 percent tax. I like this!