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Trump is a Fraud – His Business Failures

 By Shlomo Maital

Trump

Look… the American people have the right to choose whichever Republican candidate they wish for President. They have every right to shout their disaffection with the incompetent, squabbling politicians in Washington who have led American astray, on both sides of the aisle. They have every right to choose Trump.

But what truly disturbs and angers me, is Trump’s lie.

He says that as a successful billionaire businessman, he can run America better than someone who worked as a community organizer in Chicago.

   Wait. Successful businessman?   Here is the lie.   According to TIME magazine, Trump has a very very very VERY long string of business failures to his ‘credit’,   after inheriting millions from his dad.   Here is the list:

  • Trump Airlines
  • Trump Vodka
  • The Bankruptcies
  • The Hair
  • The Marriages
  • Trump Mortgage
  • Trump: The Game
  • The China Connection
  • Trump Casinos

 

In his recent victory speech he displayed Trump Steaks…which went out of business in 2007. And his casinos???   The Trump Taj Mahal in Atlantic City went broke. Here is the story: (from TIME):

   Donald Trump’s gambles don’t always go as planned. Especially when that gamble is gambling itself. In February 2009, Trump Entertainment Resorts Inc. filed for Chapter 11 bankruptcy protection for the third time in a row — an extremely rare feat in American business. The casino company, founded in the 1980s, runs the Taj Mahal, the Trump Plaza and the Trump Marina. All three casinos are located in Atlantic City, N.J., where the gambling industry has faced a decline in tourists who prefer gambling in Pennsylvania and Connecticut instead. Trump defended himself by distancing himself from the company, though he owned 28% of its stock. “Other than the fact that it has my name on it — which I’m not thrilled about — I have nothing to do with the company,” he said. He resigned from Trump Entertainment soon after that third filing, and in August of that year he, along with an affiliate of Beal Bank Nevada, agreed to buy the company for $100 million. The company reported it emerged from bankruptcy in July 2010.

 

   I think what Trump is doing is running for President, to enhance the brand value of his name, which he sells at exorbitant prices to legitimate businesses.

   So, if you want to help Donald Trump pay for his private jet by ‘branding’ himself, vote for him.

   If you want someone who really understands business – well, Bloomberg does, parlaying his $10 m. in severance pay into a multi-billion dollar business he created, but he withdrew, precisely because he did not want to pave the way for a Trump presidency.

How ironic.

   A failed businessman defeats a highly successful one, because people just don’t seem to get it and are happy and willing to be duped.

   Make America Great again? Dump Trump.

 

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Why Honey Bees Are Smarter Than People

By Shlomo Maital

Thomas Seeley

  My blog has been silent for some time; I was unable to upload blogs to WordPress.com during a 10-day visit to China.   I’ve returned with many ideas for blogs in my suitcase, and will soon catch up and zero the deficit.

   On the long flight from Hong Kong to Tel Aviv, 12 hours, I reread Thomas Seeley’s wonderful book Honeybee Democracy. Seeley is a biology professor, passionate about understanding bees, and his research has revealed startling insights into bees.

   One of those insights is that bees, which have tiny tiny brains, are smarter than humans, when it comes to making decisions – because they do so cleverly, as a ‘swarm’ or group. Bees’ brains are about 20,000 times less massive compared to human brains. It is the size of one sesame seed. The honey bee brain is actually ten times denser compared to a mammal’s brain. It can do amazing things, like calculate distance and angles and direction and return to a nest site or flower site miles away.

   Bees, sometimes 10,000 of them, gather in a ‘swarm’, a mass of bees hanging together in one spot. Scout bees travel far and wide, often several kilometers, and return to report to the ‘nation’ of bees on prospective sites. Seeley tells how these scouts report on their findings, by doing a dance. The dance tells the other bees whether the site is great (big, 40 liters, small entrance) or just adequate (15 liters, big entrance). If great – the dance is rapid, vigorous, compelling. If adequate – the dance is, well, a slow waltz. Several such scouts dance. The other bees watch.

   Then – little by little, the other bees join the dance they favor. Eventually, and it doesn’t take long, the swarm reaches a whole-swarm consensus on the prospective site and then, as if on a signal, takes off, in just 60 seconds, and flies to the new site, where the nest is built, honeycombs erected, honey stored, and the queen bee sets up her throne and baby factory.

   But why are the bees smarter than humans? Two reasons. First – dissent, then commit. That actually is a widely-used mantra at Intel Corp., where fierce debate is cultivated (like the scout bees), but then – everyone must commit to the final decision, wholeheartedly.

   But even more important – the dancing scout bees convey information to the other bees, that includes intensity. That is, here is where a new site is, here is what it looks like, and here is how enthusiastic I am about it. Other bees join in, to show THEIR enthusiasm, by the rapidity of their dance. Human democracy is a zero-one process, where you vote for a candidate. But what aobut how much you like the candidate? Is it a “1”? a “5”? or a 10? Who knows? No way to tell.  Bee democracy includes intensity, not just zero-one choice.

   The bees use intensity of emotion. Humans do not. How many times do we vote for a candidate while holding our nose, because he or she is the best of a really bad lot of losers. What if we could indicate this in the democratic process? What if we voted for a candidate, and added 1-10 how much we liked him or her? Then added up both the intensities and the votes, perhaps by weighting?

   Humans retain their views, after the election, and as the Republicans, do everything possible to sabotage the elected Democratic President and his plans. Bees always form a consensus; they have a process that usually ensures it. In rare occasions where swarms split into two, and go off to two different sites, they often don’t survive.  

   Seeley writes, “one valuable lesson we can learn from the bees is that holding an open and fair competition of ideas is a smart solution to the problem of making a decision, based on a pool of information dispersed across a group of individuals.”

   I watched the Republican Presidential debate while in China. Open competition of ideas? Ideas? Not one. Donald Trump? Ted Cruz? Dispersed across a pool of individuals? Tea Party? Makes one yearn for the little dancing bees, waggling their behinds.

Blog entries written by Prof. Shlomo Maital

Shlomo Maital
June 2019
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