As you know, my daughter, Nikki, works for The Food Network, one of the few networks she says is doing very well at this time. Once again, Nikki reported on the Upfront for the networks as many shows are being canceled at the last minute because they're simply not creating enough revenue. I wasn't surprised to see shows like Castle and Nashville canceled because they simply have nowhere to go. I'm enjoying the return of "Person of Interest" as the last episodes play out over the next five weeks.
For today ... The annual television upfront presentations for advertisers begins, in which the broadcast networks will introduce new shows along with two new entertainment presidents. Here's a rundown of each network's previous season, and what will be promoted this week with millennials getting a great deal of the attention.
I woke up this morning, sensing my bedroom was cold ... yup, it was 43° so in the weird world of climate change I turned the heat back on. In the past week, it's either been heat or air conditioning, always reminding myself I must adapt to end times and thankful I don't live in an area of wildfires and flooding.
Time to turn on the news. ... Focus on Donald Trump at his daughter Tiffany's graduation from the University of Pennsylvania, where Trump and his other children attended college and watched in the audience. I'm sure Tiffany will wind up working with her siblings especially Ivanka. If Trump becomes president - and the hologram continues - one of his children will run for office when they're in their 40s. Will this become another Kennedy, Bush, Clinton, dynasty?
Look who's next on the news ... There's President Obama giving the commencement speech at Rutgers University in New Jersey ... His daughter Sasha is not college bound this year but prefers to take a year off to find herself. I've read teens who feel the same way for parents who have to deal with a teenager who needs a mental break. Finding oneself often goes to reinventing oneself through the decades. ... Ellie now listening to the highlights of Obama's speech ... hmmm ... it sounds more like a campaign for the Democrats, perhaps arousing the interest of young voters where Establishment Hillary falls short. Eight years ago, Obama was an antiwar candidate. Now, he has taken the country to war longer than any other U.S. president. Once he leaves office, he and Michelle will also reinvent themselves, as they remain in Washington DC.
Many people believe that traditional education is a waste of time and money and that students should be preparing for career and gaining a greater understanding of how markets work, so they can plan the future accordingly. Once again we are looking at systems that are outdated and need to update into the second decade of the 21st century.
OK, time to think about what to blog ... Ellie tucked under the covers pondering ... Politics again? Maybe ... let's see what's next on the news ... Retrograde Moment ... Donald Trump is once again being attacked although past experience has shown these moments simply dissipate like the energies of Hillary's emails and other scandals. Whoa ... Speak of the devil, there's Hillary on the news talking about putting Bill in charge of fixing the economy? Maybe, I'm having a nightmare? No, this is my 3-D experience to start the day. Should I go back to sleep? No. Time to face it and get on with another busy day.
It's Monday which always focuses on the economy so let's look at ...
Starting Monday, new rules will permit anyone, not just the moneyed, to risk $2,000 a year or more investing in small companies in exchange for a stake in the business. Companies can raise up to $1 million a year this way. This change, years in the making, represents an enormous shift, one that essentially permits anyone to become a venture capitalist - with all the attendant risks of losing one's shirt on a company that fails. Until now, only accredited investors, meaning those with an annual income of at least $200,000 or a net worth of at least $1 million, have been permitted to take equity stakes in most private companies. It's an opportunity for start-ups and other small businesses, which can raise money with fairly few regulatory burdens. For instance, small companies seeking less than $500,000 and most first-time issuers will not need to provide audited financial statements, just unaudited ones. Read more
Chinese and American finances are intertwined in more ways than most people understand because as we know truth is generally hidden, in flux, or changes in an instant due to political undermining. Let's segue back to Mao Zedong. Would you say his Cultural Revolution led up to current events?
Today is the 50th anniversary of the start of China's cultural revolution, a decade-long upheaval that had drastic, often violent effects across the country. The Cultural Revolution, formally the Great Proletarian Cultural Revolution, was a sociopolitical movement that took place in the People's Republic of China from 1966 until 1976. Set into motion by Mao Zedong, then Chairman of the Communist Party of China, its stated goal was to preserve 'true' Communist ideology in the country by purging remnants of capitalist and traditional elements from Chinese society, and to re-impose Maoist thought as the dominant ideology within the Party. The Revolution marked the return of Mao Zedong to a position of power after the Great Leap Forward. The movement paralyzed China politically and significantly negatively affected the country's economy and society. Read more
Wesak or Vesak, also known as Buddha Purnima and Buddha Day,
is a holiday observed traditionally by Buddhists on different days.
Celebrates Buddha's birthday and falls on or around the
full moon in Scorpio - May 21, 2016
