#DemConvention : It’s so appropriate to hold it in the City of Brotherly Love! How absolutely beautiful Philadelphia is!

Found on Facebook:

But, not to worry, there are plenty of places in the City of Brotherly Love that look just as good as Motown!

Girard Street, near the Philadelphia Zoo. Photograph by the Editor. Click to enlarge.

Girard Street,near the Philadelphia Zoo. Photo by the Editor. Click to enlarge.

Girard Street, near the Philadelphia Zoo. Photo by the Editor. Click to enlarge.

I don’t live in foul, fetid, fuming, foggy, filthy Philadelphia, so I don’t have a whole lot of pictures, but you can see more at a Google search for Philadelphia slums.

But, let’s face it: we can find slum pictures in all of our major cities, and virtually all of our major cities have been Democratic bastions for decades upon decades. It is our urban areas which give Democrats their votes, at least in part because the Democrats promise them more money and more programs to lift poor urbanites out of poverty, all the while maintaining those urban areas in blighted conditions. The Democrats tell the voters that it’s the wicked Republicans who are racists, but it is in the Democrat-controlled cities that we find the greatest racial segregation. In New York, Illinois, Michigan and Maryland, blue states all, “more than half of all black students attend schools that are 90% or more non-white.” Very blue New York City is home “to the largest and one of the most segregated public school systems in the nation.In New Jersey nearly 50% of all black students attend uber-segregated schools; in Pennsylvania that number is about 46%.

Philadelphia, America’s birthplace, is one of a few major cities where the racial demographics skew more or less equally among blacks and whites. But the equality mostly ends there.

Black students in old, hard-scrabble black neighborhoods in North, South West and West Philadelphia mostly attend a handful of hyper-segregated schools with 90% to 100% minority-majority school populations. Schools in these communities have grown more segregated.

And who has led the City of Brotherly Love into the conditions of today? The last Republican mayor was Bernard Samuel, who left office on January 7, 1952. Philadelphia has had Democratic mayors for the last 64½ years.

The Democrats tell us that income inequality is one of the biggest problems facing America, but that leads to the obvious question: where is income inequality the greatest?

Where Inequality Is Worst In The United States

By Joel Kotkin | March 20, 2014 @ 04:50 PM

Perhaps no issue looms over American politics more than worsening  inequality and the stunting of the road to upward mobility. However, inequality varies widely across America.

Scholars of the geography of American inequality have different theses but on certain issues there seems to be broad agreement. An extensive examination by University of Washington geographer Richard Morrill found that the worst economic inequality is largely in the country’s biggest cities, as well as in isolated rural stretches in places like Appalachia, the Rio Grande Valley and parts of the desert Southwest.

Morrill’s findings puncture the mythology espoused by some urban boosters that packing people together makes for a more productive and “creative” economy, as well as a better environment for upward mobility. A much-discussed report on social mobility in 2013 by Harvard researchers was cited by the New York Times, among others, as evidence of the superiority of the densest metropolitan areas, but it actually found the highest rates of upward mobility in more sprawling, transit-oriented metropolitan areas like Salt Lake City, small cities of the Great Plains such as Bismarck, N.D.; Yankton, S.D.; Pecos, Texas; and even Bakersfield, Calif., a place Columbia University urban planning professor David King  wryly labeled “a poster child for sprawl.”

Demographer Wendell Cox pointed out that the Harvard research found that commuting zones (similar to metropolitan areas) with less than 100,000 population average have the highest average upward income mobility.

And further down:

The role of costs is critical here. A 2014 Brookings study showed that the big cities with the most pronounced levels of inequality also have the highest costs: San Francisco, Miami, Boston, Washington, D.C., New York, Oakland, Chicago and Los Angeles. The one notable exception to this correlation is Atlanta. The lowest degree of inequality was found generally in smaller, less expensive cities like Ft. Worth, Texas; Oklahoma City; Raleigh, N.C.; and Mesa, Ariz. Income inequality has risen most rapidly in the bastion of luxury progressivism, San Francisco, where the wages of the 20th percentile of all households declined by $4,300 a year to $21,300 from 2007-12. Indeed when average urban incomes are adjusted for the higher rent and costs, the middle classes in metropolitan areas such as New York, Los Angeles, Portland, Miami and San Francisco have among the lowest real earnings of any metropolitan area.

Those cities listed with less income inequality? They were in Texas, Oklahoma, North Carolina and Arizona, all red states!

Hillary Clinton and the Democrats will tell us how they are fighting for the little guy, how they are going to address income inequality, but their actual record is one of presiding over those areas in which segregation is worst and income inequality is highest. Holding their convention in Philadelphia is most appropriate, given that that city is one of the worst.

Verizon is buying out Yahoo!

We have previously noted the rise of Marissa Mayer to become CEO of Yahoo!, as well as noting that Yahoo! was about to have it’s last hurrah. From The Wall Street Journal:

What is Yahoo? Riddle Plagued CEOs for Two Decades

Company has struggled to find its footing after early success on the internet

By Jack Nicas | Updated July 25, 2016 1:09 p.m. ET

Yahoo Inc. ’s proposed sale to Verizon Communications Inc. puts an exclamation point on a tumultuous two-decade run that began with success as the web’s organizer and ended with a string of failed leaders and strategic blunders.

The internet company’s prolonged decline could serve as a classic case study in defining a business whose many chief executives struggled to answer: What is Yahoo?

Begun in a Stanford University dorm room in 1994, it spent its first decade building scale as the internet’s portal. Then, as Google Inc. and Facebook Inc. —two companies it nearly acquired—built lucrative footholds in search and social media, Yahoo fell behind the fast-moving internet economy it helped create. Visitors and revenue dwindled as it strained to innovate across its myriad services.

“If you’re everything, you’re kind of nothing,” said Brad Garlinghouse, a former Yahoo executive who in 2006 wrote the “Peanut Butter Manifesto,” an internal memo criticizing the company for spreading itself too thin. “The sad reality…is it never solved its core identity crisis.”

Mr. Garlinghouse said Yahoo’s fluctuating strategies often confused employees. He recalled asking managers at a retreat in 2006 the first word they thought of when he named a company. Google, eBay and others yielded clear answers—“search” or “auction.” Yahoo didn’t. Managers said “mail,” “news,” “search,” and other things.

There’s more at the original.

A personal note: I used to use Morningstar to check my mutual fund values in the morning, but switched to using Yahoo! a few months ago when the Morningstar site got worse. At least when I switched, Morningstar had dropped the percentage gained or lost function, and was a lot slower loading, while Yahoo! Finance loads quickly and easily. I find it a lot better than CNN Money and as good as MSN Money. Naturally, I still use The Wall Street Journal site for my actual news.1

Marissa Mayer

And even though I have never met her, I like Marissa Mayer. Oh, I shouldn’t, because she’s a Democrat and a former campaign contributor and campaign fund bundler for Barack Obama. Nevertheless, she gave up huge bonuses and security with Google to take the CEO job at Yahoo!, a job at which so many other CEOs had failed,2 thereby putting her reputation on the line. But, even though she had the courage to take the job — her courage no doubt enhanced by the $30 million signing bonus she received — it wasn’t enough: she failed to do what she had promised, and failed even more spectacularly than her predecessors. She took greater risks — the purchase of Tumblr for $1.1 billion3 — and that led to greater failures

One thing that I very much like has been the attitude of the business press. Mrs Mayer failed, and she is not being given any benefit of the doubt just because she’s a woman; the failure of her tenure is being chronicled and judged just the same as she had been a man, and that’s the way it should be. People should be judged on what they do, not who they are. Had Mrs Mayer turned around Yahoo!, I have little doubt that her accomplishment would be feted as evidence of what a woman can do as a CEO, something I would find equally repugnant as blaming her failure as a CEO on her sex.

Mrs Mayer plans to stay on at Yahoo!, at least to see the company through the transition. Whether or not Verizon allows her to do that is another matter entirely.

Sale of Yahoo

  1. Full disclosure: I do not own any stock in Yahoo!
  2. I’m thinking here of the lines from the 1984 version of Dune, where the Reverend Mother Gaius Helen Mohiam tells Paul Atreides that many men have tried to take the Water of Life. “They tried and failed?” asked Paul. “They tried and died,” responded the Reverend Mother.
  3. Yahoo! tried to reassure Tumblr users that the company “promised not to screw it up.”

Rule 5 Blogging: Off we go, into the wild blue yonder!

It’s the weekend and time, once again, for THE FIRST STREET JOURNAL’S version of Rule 5 Blogging. Robert Stacey Stacy McCain described Rule 5 as posting photos of pretty women somewhat déshabillé, but, on this site, our Rule 5 Blogging doesn’t put up pictures of Amanda Seyfriend in her summer clothes, but women, in full military gear, serving their countries in the armed forces. The terribly sexist authors on this site celebrate strong women, women who can take care of themselves and take care of others, women who have been willing to put their lives on the line in some not-so-friendly places, women who truly do have the “We can do it!” attitude. Today: some of our pilots!

Captain Katherine Gaetke, F-16 pilot from the 523 Fighter Squadron, and Crew Chief Staff Sergeant Michael Brooks from the 524 Aircraft Maintenance Unit prepare to fly dissimilar aircraft training at Langley Air Force Base, Virginia, December 4, 2006. (US Air Force photo by Airman First Class Christopher L. Ingersoll)

Continue reading ‘Rule 5 Blogging: Off we go, into the wild blue yonder!’ »

From Around the Blogroll

From The Wall Street Journal:

Hillary Clinton Unveils Tim Kaine as a Running Mate Qualified to Step in as President

Virginia Senator says GOP nominee Donald Trump ‘leaves a trail of broken promises and wrecked lives wherever he goes’

By Peter Nicholas | Updated July 23, 2016 2:15 p.m. ET

MIAMI— Hillary Clinton on Saturday made her debut with newly minted running mate, Virginia Sen. Tim Kaine, who quickly opened an attack on Republican presidential nominee Donald Trump, questioning his temperament and skewering his business record.

Mr. Kaine took to the stage with the presumptive Democratic nominee at a rally in Miami and made clear one of his main roles will be aggressively targeting Mr. Trump.

Citing Mr. Trump’s record as a casino owner in Atlantic City, N.J., Mr. Kaine said: “He leaves a trail of broken promises and wrecked lives wherever he goes.”

Sitting behind the stage was Mr. Kaine’s wife, Anne Holton.

Mr. Kaine is a fluent Spanish speaker, and the campaign believes he could help to mobilize Latino voters. During his address he alternated between English and Spanish, as he talked about immigration, gun violence and other issues.

Mrs. Clinton introduced her new running mate, describing him as someone qualified to step in right away and become president. “Sen. Tim Kaine is everything Donald Trump and (GOP vice-presidential nominee) Mike Pence are not,” Mrs. Clinton said.

Citing his stance on gun regulation, she said: “Behind that smile Tim has a backbone of steel. Just ask the NRA.”

There’s more at the original, but with the selection of Governor Kaine, Hillary Clinton and Donald Trump have both done the same thing: they’ve both picked standard, establishment, safe vice presidential choices. Conservatives will be opposed to Mr Kaine, due to his standard Democratic positions on restricting our rights, but he’s not an inflammatory figure.It looks like the upcoming vice presidential debate will be as exciting as chicken broth, unless Libertarian candidate William Weld is allowed to participate.

And now, on to the blogroll!

  • Donald Douglas on American Power:

    Louise Mensch Implores Me to Come Back to the Light

    I love Louise. She’s a sweet lady and super smart. She’s a role model, in fact.

    It’s just that my support for Donald Trump is a protest vote against the left. It’s that simple. I don’t think Trump’s conservative. I don’t think he’s neoconservative. I just know that he speaks his mind, he’s got excellent instincts, he’s a good family man, and he’ll hit the left with all he’s got. In that last respect he’s the antithesis of Mitt Romney, to whom I threw my unreserved support in 2012, and look what that got me.

    In any case, here’s Louise on Twitter, responding to Bill Kristol’s tweet of Stephen Hayes’ essay, “Donald Trump Is Crazy, and So Is the GOP for Embracing Him.”

    Donald Trump, a man on his third trophy wife, a good family man?

    Dr Douglas is supporting Mr Trump because The Donald is a fighter, and that’s about it. Ted Cruz is a fighter, too, but has never read How To Win Friends And Influence People; the man has all of the charisma of a wet paper bag, and most of his Republican Senate colleagues don’t like him.

  • ALa on Blonde Sagacity: Third Party Delusion. ALa believes that a vote for Gary Johnson is a vote for Hillary Clinton, but that simply isn’t the case. Hillary Clinton will carry Pennsylvania, period, and would do so even if there were no third party candidates at all. Therefore, if I vote for Gary Johnson, it won’t make one bit of difference in teh outcome of the election.
  • William Jacobson on Le*gal In*sur*rec*tion: Are anarchists and radical leftists saving violent protests for #DemsInPhilly?
  • Patterico on Patterico’s Pontifications: Trump Threatens Super-PAC Against Ted Cruz, Doubles Down on Cruz’s Dad Actually, this is why so many Republicans like Donald Trump: he will fight back against anyone he believes has hit him. That Mr Trump isn’t a conservative doesn’t matter in the slightest: conservatives would rather have a narcissist who will fight rather than a conservative who will not.
  • William Teach on The Pirate’s Cove: Bummer: Liberals Upset Trump Failed To Mention ‘Climate Change’ Even Once Since the Democrats are just so concerned about global warming climate change, why aren’t they leading on this, and holding the Democratic National Convention by videoconference?
  • Lisa Carr on The Victory Girls: Lena Dunham to Speak at the DNC: Sister-Molester is a “Champion” for Women When it comes to Hollywood and the ‘glitterati,’ being a pedophile isn’t a problem at all. Lena Dunham admitted to molesting her younger sister, and Roman Polanski raped a thirteen-year-old girl, but the ‘stars’ still support them.

The end of Yahoo

We have previously noted the rise of Marissa Mayer to become CEO of Yahoo.

Tumblr Is ‘Basically Worthless’

By Robert Stacey Stacy McCain | July 21, 2016

Every SJW (Social Justice Warrior) feminist’s favorite social-media/blog platform is losing hundreds of millions of dollars a year:

Yahoo is again marking down the value of Tumblr, the social network it purchased for $1.1 billion. In its second quarter earnings, Yahoo wrote down $394 million as a “goodwill impairment charge” and another $87 million as an intangible impairment charge. Last quarter, the company wrote down the value of its social platform by $230 million. “During the second quarter of 2016,” the earnings report reads, “we determined that there were indicators present to suggest that it is more likely than not that the fair value of the Tumblr reporting unit is less than its carrying amount.”

There is something deeply symbolic about this news. The CEO of Yahoo is a woman, Marissa Mayer, an alumna of elite Stanford University, and thedismal failure of Tumblr may put her out of a job:

Following another disappointing earnings report, the Tumblr losses could prove to be the final nail in the coffin of Mayer’s time at Yahoo.

As Quartz put it . . . “When Yahoo CEO Marissa Mayer bought Tumblr for a cool $US1 billion in 2013, she pledged ‘not to screw it up.’ (Three) years later, it’s become apparent that Yahoo has failed on that promise.”

Investors are waiting to hear about the company’s plans, after Yahoo’s board began soliciting bids from prospective buyers earlier this year.

Another triumph of social justice!

The esteemed Mr McCain doesn’t much like Tumblr, which the more looney-tunes of “third wave feminists” like to use for some fairly immature and moronic blatherings; he finds it a ready source of mock-worthy material.

As for me, I respect Mrs Meyer. There has been a tendency of firms in distress to hire women for the top job, and Yahoo had been through five CEOs (two of whom were interim) in less than a year before Mrs Meyer was hired. She took on one heck of a challenge.

As far as I am concerned, everyone ought to be judged on his performance, and Mrs Mayer’s sex ought to have nothing to do with it. If Yahoo fails, well it was already on a downward path when Mrs Meyer took over, but she took the job knowing that Yahoo was in trouble. Mrs Mayer’s performance as CEO should be judged solely by the bottom line.

And the bottom line is: Yahoo is going to be sold. Forbes contributor Mike Myatt wrote last November that Mrs Mayer:

didn’t have the leadership chops to pull off the admittedly tough assignment of turning around the once iconic Yahoo brand. A question worth asking is, why didn’t the Yahoo board of directors recognize this?

Mr Myatt isn’t exactly known for being particularly kind to his subjects, and his position as a “leadership advisor” strikes me as a description of someone who is good at telling you what other people are doing wrong without ever having had to actually lead anything himself. However, the bottom line is that Yahoo, as an independent company, is done.

Mrs Mayer failed as Chief Executive Officer at Yahoo, but it has nothing to do with the fact she is a woman.

#DonaldTrump and the evisceration of NATO

From The Wall Street Journal:

NATO Fires Back After Donald Trump Questions Value of Defending Allies

In an unusual response to a political debate, alliance’s head says members ‘defend one another’

By Paul Sonne | Updated July 21, 2016 1:18 p.m. ET

WASHINGTON—The head of the North Atlantic Treaty Organization took the unusual step of wading into the U.S. presidential campaign on Thursday after Republican nominee Donald Trump rekindled a foreign policy debate by saying the U.S. may not come to the aid of alliance members if they are attacked by Russia.

“I will not interfere in the U.S. election campaign, but what I can do is say what matters for NATO,” NATO Secretary General Jens Stoltenberg said. “Solidarity among allies is a key value for NATO.”

Without mentioning Mr. Trump by name, Mr. Stoltenberg said alliance members “defend one another.” Article 5 of the 1949 treaty that established NATO stipulates that an attack on one member represents an attack on all and requires the alliance to come to the defense of any country attacked.

In an interview with the New York Times, Mr. Trump questioned the collective defense provisions of the NATO treaty on monetary grounds, saying that many members weren’t paying their fair share. He told the paper that if Russia attacked the Baltic States, which are NATO members, he would decide whether to defend them only after reviewing “if they have fulfilled their obligations to us.”

Such a change in policy would put the alliance into question and fundamentally rewrite the rules of European security that have been in place since the end of World War II.

There’s more at the link, but this, to me, is one of the most serious problems I have with the nomination of Donald Trump. For 67 years, the North Atlantic Treaty Organization has guaranteed the security of Europe, and the United States, from Soviet, and then Russian aggression. We have pointed out previously that the NATO allies were very glad that Ukraine decided against joining NATO when Russia seized part of that country, imposing sanctions but actually doing nothing. Had Ukraine joined NATO, Vladimir Putin would have been might have been less willing to risk real conflict, but he knows, now, that the Europeans have no stomach for actually resisting the bear.

And now we have the ugly specter of the man who just might be the next President of the United States telling President Putin that hey, the US doesn’t care, and won’t fight, if Russia decides to tear off a chunk of an NATO member.

There is a lot I don’t like about Donald Trump, but this one takes the cake. Hillary Clinton is about the worst person in the world, but even she isn’t dumb enough to say something like Mr Trump has said.

Why did Ted Cruz address the Republican National Convention?

At least Patterico is happy:

“Lyin’ Ted” to Speak Tonight

Filed under: General — Patterico @ 6:09 pm

Donald Trump’s tweet suggesting his wife is ugly has never been deleted.

As much as I despise this clown show, I confess: I’ll be very interested to see how Cruz handles this tonight.

UPDATE: Very well done by Cruz. In light of the boos, and the chanting for an endorsement for Trump, his refusal to endorse came across as a classy, principled, and rather pointed “fuck you” to Donald Trump. I am proud of Cruz tonight.

I have a bit of difficulty with the notion that a speech can be “classy, principled, and rather pointed ‘fuck you’ to Donald Trump,” all at the same time. I didn’t really expect Senator Cruz to support Mr Trump, but I did expect him to support the candidacies of the other Republicans running for election, and appearing at Donald Trump’s Convention — and, let’s be honest, that’s what it is — doesn’t help with that. Senator Cruz should have just stayed home.

I have already said that I am not going to vote for Mr Trump; right now, I plan on voting for the Libertarian Party nominee, Gary Johnson. After all, my vote won’t count anyway: Hillary Clinton will carry Pennsylvania, meaning that every vote in the Keystone State for Mr Trump will be a wasted vote. Thus, I can vote for Mr Johnson without helping the odious Mrs Clinton.

More important is that I will be voting in support of the ‘down ballot’ Republican candidates. We need as many Republicans as possible to win, because if Mrs Clinton does win in November, we need a strong Republican majority in Washington to stop her agenda.

Make America Work Again

I have said before that I am not a supporter of Donald Trump, but one thing he has hit on brilliantly is the theme for the second day of the Republican National Convention: Make America Work Again.

The Democrats have already lost the votes of the white working class, because they have tried to become something impossible. They have tried to be the party of the working American and the party of the non-working ‘American,’ and those two are mutually exclusive: to be the party of welfare is to take money out of the pockets of working people to give to those who will not work. If anything can pull away more of the normally Democratic voters, it will be the increasing realization that the dollars they work so hard to earn are being stolen away from them by people who just want to suck the welfare teat, and that the Democratic Party enables that.

Presidents do not control the economy, but Presidents, over time, can create conditions which are marginally helpful or harmful to economic growth, and what the Administration of Barack Hussein Obama has done is to create regulations and an economic environment which is a drag on business and job creation. In their oh-so-noble attempts to ‘help’ people, they have imposed ever-increasing burdens on employers, burdens which manifest themselves in slower growth and hiring. Our economy is expanding, but has been expanding with slower-than-previous growth rates, and Hillary Clinton, if she should be elected President [shudder!] would continue the same basic policies as Mr Obama: we would have recessions — recessions are simply a part of the economic cycle, and cannot be avoided — and ‘recovery’ periods marked by too-slow growth.