Lost Chords, Major Chords, Minor Chords, Dissonant Counter-melodies – PopMatters

How we respond to the Beatles as entities in musical pop culture more likely than not depends on when we were born. Those of us born near the middle of the 60s, that decade when this musical force of nature put their concentrated stamp on the world, came of age with them in the 70s. We were finishing elementary school six years after their 1970 dissolution as the boy band group that blossomed into introspective intellectuals who unabashedly wore their influences on their sleeves. Through John, Paul, George, and Ringo, countless white suburbanites learned about the magic of Motown girl groups, about Smokey Robinson and the Miracles, and about the omnipresent power of Chuck Berry.

We responded to the Beatles in the 70s not just because they were superior alternatives to pop fluff like The Bay City Rollers and Starland Vocal Band or dangerous rock theatrics from KISS, but also because they were all still very active (with varying degrees of success) through most of the decade. John Lennon retired from recording in 1975, re-surfaced in 1980 with a new album and a flurry of publicity only to be gunned down weeks later. The dream ended, the music died, and the merchandising and mythologizing went into overdrive.

Veteran Rolling Stone journalist and music writer Rob Sheffields wistful, elegiac Dreaming the Beatles: The Love Story of One Band and the Whole World makes no pretense of objectifying the story, and telling it from the comfortable distance of time to create academic context. If we want to know how Lennon, Paul McCartney, George Harrison and Ringo Starr conspired to capture the national zeitgeist upon their first visit as a group to the United States in February 1964 for a performance on The Ed Sullivan Show, to their final dissolution as an artistic entity in early April 1970, accepting that means were comfortable with the received text.

The idea is that the Beatles were the soothing balm that healed the nation less than 12 weeks after the assassination of President John F. Kennedy. Its the usual place to start this narrative, but Sheffield doesnt settle for convenience. He also notes that The Beverly Hillbillies, ... especially the quartet known as the Clampetts, did as much to comfort the country in the weeks between Kennedys murder and the arrival of the Beatles. The show featured the exploits of a painfully stupid backwoods country family that hit it rich after they struck oil. They moved to Beverly Hills, and the fun began as their primal basic new money culture clashed with the world of old money California. For Sheffield, both the Beatles and the Clampetts were soothing fantasies that spoke to post JFK fantasies about the state of the nation. He goes on to not so successfully extend the metaphor, assigning roles to each member that connected to a Beatle, but the argument is clear. The Clampetts appealed to our slapstick nature and our struggle to succeed without any effort, and the Beatles appealed to our dreams of unity.

If the timeline of 9 February 1964 to 4 April 1970 is the easiest to follow, a paint-by-numbers account of the Beatles and their relationship with the United States, its not found in this book. The group had already been a recording entity for two years, and their trip to New York was really their final step in conquering the lucrative teen pop music marketplace. Basically, Sheffields thesis seems to be that while there might be a definitive beginning to the Lennon/McCartney relationship (a sort of hybrid brother and spouse union) that can be traced to July 1957, when they first met, there would be no ending.

Sheffield is at his best when he elaborates on how their personality dynamics worked to serve as both a necessary elixir and an addictive poison in the creation of their music. In the chapter A Toot and a Snore in 74, we meet John and Paul at a Burbank Recording Studio. They are in the midst of drug excess, cocaine and booze, and the results of their spontaneous jam session (heard for years through legendary bootlegs) are primary evidence that while the drugs might have enhanced creation and performance in 1966-1969, they were deadly in the next decade and a different context: John and Paul spent so many years estrangedbut the harder they tried to pull away to their opposite corners, the more they resembled each other.

Sheffield continues by elaborating on Silly Love Songs, the hit McCartney would have two years after this night in the Burbank studio. For Sheffield, and for those who were tuned into pop radio at the time, this was an anti-love song, a defense of exactly what the title contained. For Sheffield, McCartneys Silly Love Songs of 1976 and Lennons Revolution of 1968 were in favor of love but squeamish about the details Lennon dabbled in protest pop with Revolution and other songs, to varying degrees of success. The radical chic sentiments were sometimes pedestrian and misguided, but they were heartfelt, like McCartneys love songs.

Revolution is John making a statement, though the statement is John making a statement. He condescends to Rock, just as Silly Love Songs condescends to pop, pandering to clichs For John, songs werent enough unless they expressed a big idea; for Paul, pop was the big idea

Sheffields narrative of this scene sympathetically and convincingly paints a picture of two drifting rock n roll legends stuck in time. Lennon was in the midst of his famous 15 month Lost Weekend estrangement from wife Yoko Ono, and McCartney was still trying to find his definitive identity as a solo artist. He had released Band on the Run three months earlier, a strong collection of songs, but his biggest popularity (and perhaps validation) would come later in the decade as a touring warhorse.

George Harrisons experiences in the 70s had more glaring pits of despair, and Sheffield shines an interesting, equally sympathetic light on them. We know 1970s triple album All Things Must Pass and 1971s Concert for Bangladesh. What we dont know as much is his 1974. In When George sang In My Life, Sheffield carefully navigates what must have been a dark time for the more overtly spiritually-minded Beatle who was still drifting at sea with no sign of help on the horizon:

Each nights In My Life is horrifying in its own way George begins singing, and you can hear the crowd wake up His pipes choke on the low notes or high notes For the big climax, he rasps I love God more. Its like he summoned up an intimate memory for the fans just to tell them it doesnt mean shit to him.

Its this direct honesty that serves an interesting role in Dreaming The Beatles. Sheffield isnt aiming to hang any of them out to dry. He might lean towards uncomfortably precious hagiography more often than not, but he sincerely knows and loves their work, their legacy, the connected spirit they developed in their career as a unit and through their lives.

What this book emphasizes is how tough it must have been to come up with a second act at least in that first decade after they were finished as a group. In the chapter I Call Your Name, Sheffield builds on the idea that the relationship between Lennon and McCartney was loving. It wasnt sexual in nature, but they loved each other. They called each others names. The scene: Madison Square Garden. The time: Thanksgiving 1974. Lennon joins his friend Elton John to fulfill a commitment. If their collaboration Whatever Gets You Through The Night hit Number One, hed perform it on stage with him. They sing it, the Beatles classic Lucy in the Sky With Diamonds (which Elton had recorded in a reggae-tinged version), and then they sing an encore. Sheffield makes a good point here when he wonders about their choice of a second song, I Saw Her Standing There, most famously performed by Beatle Paul eight years earlier

Why is he doing a Paul song? Why is he making this moment about him and Paul, when all anybody wants is to cheer and shower John with love? But in the middle of the crowd, he calls Pauls name.

Ringo gets his solo moment in the chapter The Importance of Being Ringo, and Sheffield wisely focuses on the general perception of the drummer as heard on record rather than the quality of Starrs post-Beatle work. Ringo shined brightest when recording work by other ex-Beatles. Photograph was a Starr-George Harrison classic given life by Ringos earnestness and Harrisons production. Ringo was an actor, a raconteur, a mediator between the others while they were in their last days as a group. He was the last to join, but also the oldest and most experienced. He was the bearded drummer poached from Rory Storm and the Hurricanes in 1962 and he was the foundation that provided the steady strange backbeat to Tomorrow Never Knows, the tough time signatures of Rain, and the difficult rhythms of a song like Blue Jay Way. He may have been slighted and underestimated and relegated to one novelty song per album, but Ringo was a Beatle for a reason:

Ringos bumpkin charm has always tempted people to underrate him as a musician, but he was the only Beatle hired strictly for his playing They couldnt have done it without him.

We can consider the appearance of cool, and the steadfast poker face he had backing up George at the Concert for Bangladesh, the fact that even just in the way he looked he never really wavered or lost his beat. Sheffield considers the surface level issues a drummer should always have, that its okay to be goofy and flamboyant so long as youre still cool, but he also follows through with moments in songs that should be memorialized (though Ringos solo in The End is conspicuous in its absence.)

If there are distinct schools of music criticism, the high-minded literacy of Greil Marcus or the pointed critical rants of Lester Bangs or the navel-gazing tendency of so many others to impose their own narratives onto the artists in question, Sheffields style here takes a little from each camp. It can get frustrating when music criticism falls deep into the pool of discursive solipsism, the idea that the tunes were significant because they changed my life, but Sheffield can be forgiven for those occasional indulgences. He makes that style work because he knows the material. We follow his reflections on the 1968 release The Beatles (better known as The White Album) and how the legacy of the insane Charles Manson has permanently marred the power of that collection of songs. We are also with Sheffield as a 70s kid encountering that first wave of product from Capitol Records in those years after the Beatles had broken up. He might be cramming his own narrative into this story of the music and how it mattered in its time, but it doesnt completely derail the books flow.

The best thing any book about such a remarkable entity as the Beatles can do is shed light on deep cuts that are perhaps even now best known only by hardcore devotees. He does this with Yes It Is, Mr. Moonlight, and This Boy, three songs featuring gorgeous lead vocals from John and harmony from the others. Sheffield could have trimmed or removed the chapter Instrumental Break: 26 songs about the Beatles in favor of more discussion about similarly neglected Beatles songs. That chapter is great when looking at Princes cover of While My Guitar Gently Weeps, and Aretha Franklins cover of The Long And Winding Road. The history of other great covers of Beatles songs (where is Ray Charles Yesterday and Eleanor Rigby?) shouldnt be relegated to a small chapter. Sheffields attempts to offer thumbnail sketches of all 26 songs in this chapter, some of which are a stretch to connect with The Beatles, falls too much into Dave Marsh music writing territory, and Marsh is the master of that domain.

Dreaming the Beatles, minor flaws considered, is still a strong and heartfelt appreciation of The Beatles as a force in their time and examples of potential that was greatest when working as a unified force. In 2017, upon the release of the 50th anniversary of Sgt. Peppers Lonely Hearts Club Band and 46 years after they ceased existing as a group, they are now the top-selling vinyl artists. Record albums are back, and The Beatles are at the forefront of that movement. This news was too late to include in Dreaming The Beatles, but that absence doesnt hurt the book.

Sheffield is at his best when hes reflecting on scenes, quiet moments in a group not known for them. He knows enough to start with their iconic final live performance, 30 January 1969, on top of Londons Apple Records offices. On that day, captured in part in the film Let It Be, this explosively popular combo was stripped to their simplest form. Theyre plugged in, but its freezing. Theyre fumbling with lyric sheets and their fingers are too cold to form the guitar chords. Theyre playing Get Back, the performance that ends with John saying I hope we passed the audition, and Sheffield wonders what Paul was seeing during those last moments that would (excepting later work on Abbey Road) for all intents and purposes begin their post-Beatles lives:

Paul probably looks into the future and sees the end of the road. He sees solo careers. He sees his thirties. Married life on the farm. Not spending time with John anymore He sees uncertainty, which is not Pauls scene. He doesnt know how to begin talking about this future

There are lost chords, major chords, minor chords, and dissonant counter-melodies. In his own way, with Dreaming the Beatles: The Love Story of One Band and the Whole World, Sheffield has added an extended chord to this seemingly never-ending story of The Beatles thats lush and resonant with infinite varied possibilities.

Rating:

Christopher John Stephens is an adjunct college English Instructor at Northeastern University and Bunker Hill Community College.

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Universal basic income proponent to speak in Boise – Idaho Press-Tribune

One thing I learned right away in college philosophy is one of my weak points. After hours puzzling how desk can be considered abstract, I decided it really didnt make a difference at least not to me.

So I havent paid much attention to the works from think tanks. I once learned that a conservative one wants to sell various rights to federal lands e.g., mining, access, lumber, recreation and soon found that the conservatives I know were stunned to hear it.

Similarly, many Idaho Libertarians have no idea their think tanks support abolishing public schools and roads. They think their party stands for individual rights, not destruction of infrastructure.

So, even though I knew of the American Enterprise Institute one of the older, more prestigious conservative think tanks I had no idea that any of its fellows supported universal basic income. Then Violet Harris one of the thousands in the area more philosophical than I sent me links.

Under universal basic income, the U.S. government would guarantee everyone a basic income and mail out billions in checks every month.

AEI fellow Charles Murray published his second book about UBI in 2016, In Our Hands: A Plan to Replace the Welfare State. In it, Murray claims the government could save money by ending all current social welfare payments think food stamps, Medicaid, Social Security, Earned Income Credit, etc. and mailing $10,000 a year in monthly installments to every person over 21. An additional $3,000 would pay for health insurance covering catastrophes. Payments would be reduced for those making over $30,000 a year with people making over $60,000 still receiving $5,000 a year.

To those who say that no one can live on $10,000 a year, Murray argues such a stipend would improve lives significantly for those who can only find minimum-wage or part-time jobs. And his program would encourage people to live together and pool their money. (Doesnt the current system do that?)

Murray claims that we must make the change because current welfare programs discourage people from entering the workforce, advances in artificial intelligence will soon wipe out many good-paying jobs, current programs face solvency problems, and there is too much bureaucracy.

Murray appears to be a caring person whos seeking a way to help.

Still, the need for his plan doesnt hold up.

For the past 25 years, welfare programs (think EIC) have encouraged and rewarded recipients who go to work. The percent participating in the workforce changes with the availability of jobs, not welfare.

Past gains in new technology has always led to more jobs, not fewer. We should be working to see this continues rather than mailing everyone money.

A growing economy and some small tweaks can solve the solvency problems. Social Securitys overhead is only 0.5 percent, and costs of Medicare and Medicaid have grown more slowly than health care in general.

More important there are major inequities in Murrays universal basic income.

Every person over 21 there is no support, not even additional insurance, for children.

Health insurance covering catastrophes with coverage limited, people tend to forgo continuing care; health care costs are higher and outcomes worse.

$10,000 a year Social Security payments now average $15,444 annually. Senior citizens many not capable of working would take a 35 percent cut.

I believe even those who support Murrays version of universal basic income dont see Congress ever accepting it.

Want to know more? Charles Murray will speak in Boise at the annual Idaho Freedom Foundation annual banquet on Aug. 26.

Judy Ferro is a former state committeewoman for Canyon County Democrats. Email her at idadem@yahoo.com.

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Legal automation spells relief for lower-income Americans, hard times for lawyers – USA TODAY

Glenn Harlan Reynolds, Opinion columnist Published 8:00 a.m. ET Aug. 7, 2017 | Updated 3:55 p.m. ET Aug. 7, 2017

A new report from Paysa suggests automation jobs will put 10,000 people to work, and big companies will spend $650 million on annual salaries to make it happen. Sean Dowling (@seandowlingtv) has more. Buzz60

Computer code(Photo: Joe Raedle, Getty Images)

Heres the dirty little secret about automation: its easier to build a robot to replace a junior attorney than to replace a journeyman electrician.

Thats Mark Mills, notingthat its white-collar jobs that may be the next casualties of automation.Instead of creative destruction coming to factories and farms, its sweeping through city centers and taking white-collar jobs. White-collar workers used to think they were safe from automation while lesser breeds suffered unemployment. But now theyre on the front lines.

Thats certainly the case with lawyers, who are being replaced by software, by paraprofessionals, and sometimes even by outsourcing to third world nations. And thats bad news since lawyers income and employment prospects have been largelystagnant (or worse) for decades.But, as with automation in other areas, it may be good news for the consumers of legal services, even as it makes things worse for the producers.

More: A clinical trial saved my life. It could save yours, too.

More: Donald Trump has a sickening fetish for cruelty

Thats the central thesis ofRebooting Justice: More Technology, Fewer Lawyers, and the Future of Law,a book by my University of Tennessee colleague Benjamin Barton, together with the University of Pennsylvanias Stephanos Bibas. Their thesis: The very things that are making life worse for lawyers and law firms may pay off for lower- and middle-income Americans by finally making legal services affordable.

Both authors are distinguished professors with extensive experience in legal practice, and in particular in serving lower-income Americans. And if youre a lower-income American (and in this context, lower-income doesnt mean all that low) paying a lawyer to represent you in a criminal or civil matter, or even to fight a parking ticket or prepare a will, is a major and perhaps unaffordable burden.

Rebooting Justice tells the story of wildly overburdened public defenders and court-appointed attorneys who represent poor defendants in criminal cases (and even in death penalty cases), and who often do a substandard job of it. Meanwhile, in civil court, mothers and fathers fighting child custody orders, laid-off workers claiming unemployment, sick people claiming disability and even couples just wanting a low-cost divorce find getting legal representation prohibitively expensive.

In many states, were told, 75% or more of family law disputes involve at least one party trying to proceed pro se that is, without a lawyer. Unsurprisingly, these people usually do badly.

More: Forget Russia. I'd fire Jeff Sessions over civil forfeiture.

POLICING THE USA: A look atrace, justice, media

The authors quote Derek Bok, who said that in America, there is far too much law for those who can afford it, and far too little for those who cannot. But the good news is that law may be about to become a lot more affordable.

One example: A lawyerbot called Do Not Payhelps people contest parking tickets. In London and New York, it helped people overturn 160,000 ticketsin its first 21 months. Its creator, 19-year-old London-born Stanford student Joshua Browder observed: I think the people getting parking tickets are the most vulnerable in society. These people arent looking to break the law. I think theyre being exploited as a revenue source by the local government.

Theres not much doubt about that. Local governments pretend its about safety, but use traffic fines for revenue. Those fines fall hardest onpoor people,for whom a $150 fine is a financial disaster and for whom an appearance in court is frightening and awkward. Often, a few citations, with interest and penalties accruing, can be the beginning of a downward spiral leading to bankruptcy or jail.

Browder is working on other applications, and with good reason: Theres a need.And as Barton and Bibas point out, lawyer-substitutes like software (or paralegals allowed to practice on their own) dont have to be better than the best lawyers. They only have to be better than what people who cant afford the best lawyers can get.

This has the potential for social revolution in many ways. Its bad for the lawyers who lose work to bots. Its bad for cities who rely on revenue extorted from motorists and other petty offenders to balance the books. (DoNotPays 160,000 overturned tickets represented over $4 million in revenue). And its bad for any part of the legal system that forces compliance from ordinary people who just dont want the hassle of going to court.

But its good for people who, up to now, havent had much leverage. If were lucky, well wind up, as Barton and Bibas suggest, with fewer lawyers, more justice. For people like me, who sell law degrees for a living, that may be bad news.For society as a whole, though, it may turn out pretty well.

Glenn Harlan Reynolds, a University of Tennessee law professor and the author ofThe New School: How the Information Age Will Save American Education from Itself, is a member of USA TODAY's Board of Contributors.

You can read diverse opinions from ourBoard of Contributorsand other writers on theOpinion front page, on Twitter@USATOpinionand in our daily Opinion newsletter. To respond to a column, submit a comment to letters@usatoday.com.

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Judge: IBM owes Indiana $78M for failed welfare automation – Seattle Times

INDIANAPOLIS (AP) IBM owes Indiana $78 million in damages stemming from the companys failed effort to automate much of the states welfare services, a judge has ruled in a long-running dispute.

Marion Superior Court Judge Heather Welch issued the ruling dated Friday, nearly six months after she heard arguments from attorneys for the state and IBM Corp. The Indiana Supreme Court ruled last year that IBM had breached its contract and it directed the trial court to calculate the damages.

New York-based IBM said Monday it will appeal the decision.

Indiana and IBM sued each other in 2010 after then-Gov. Mitch Daniels, a Republican, cancelled the $1.3 billion contract that his administration reached with the company to privatize and automate the processing of Indianas welfare applications.

Under the deal, an IBM-led team of vendors worked to process applications for food stamps, Medicaid and other benefits. Residents could apply for the benefits through call centers, the internet and fax machines. The contract was pulled in late 2009, less than three years into the 10-year deal, following complaints about long wait times, lost documents and improper rejections.

The state sought more than $172 million from IBM, but the judge ruled IBM responsible for $128 million in damages. That amount was offset by about $50 million in state fees that the company was owed.

IBM said in an email statement that it believes the judges ruling is contradicted by the facts and the law.

IBM worked diligently and invested significant resources in its partnership with (the state) to help turn around a welfare system described at the time by Indianas governor as one of the worst in the nation, the company said.

A different judge ruled in IBMs favor in 2012 and awarded the company $12 million, mostly for equipment the state kept. An appeals court reversed that decision, finding that IBM had committed a material breach of its contract by failing to deliver improvements to Indianas welfare system.

Peter Rusthoven, one of the states private attorneys, said Monday that Welchs ruling would be carefully reviewed before deciding on any additional appeals.

Overall, we are extremely gratified by the result and thinks it really vindicates the position the state took throughout this really long battle, Rusthoven said.

The state argued that IBM owed Indiana for the cost of fixing the companys problematic automation efforts to make the system workable, paying overtime for state staffers to review and correct those problems, and hiring new staff to help oversee that process, among other expenses.

IBMs attorneys argued that the company had delivered substantial benefits to the state that undermined Indianas damages claims.

Welch heard arguments from both sides on Feb. 10. She was scheduled to rule by early May in the complicated case, but lawyers twice agreed to allow the court more time.

Indiana initially sued IBM for the $437 million it had paid the company by the time the contract was pulled a figure that was reduced before trial to about $170 million. IBM countersued for about $100 million that it said it was owed.

Welch wrote in her ruling that the bulk of what IBM owes the state stemmed from renegotiated deals with subcontractors to fixed payment amounts rather than the incentive-based payments they received from IBM. Welch said those new deals addressed shortcomings that led to the problems under IBM.

The State operating in the same role would be perpetuating an ineffective structure, Welch wrote.

Rusthoven said IBMs failures hurt needy Indiana families.

This has been a long, tough battle with a big corporation that refused all along to take responsibility for its poor performance, he said.

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Ex-Facebook Exec Warns Of ‘Revolution’ Caused By Job Automation – Huffington Post Canada

From Donald Trump to Brexit, the world is becoming a more unstable place, and that's giving some of the world's wealthy apocalyptic visions.

Add Antonio Garcia Martinez to the list. The former Facebook executive and author has relocated to a five-acre wooded hideaway on a small island off the coast of Washington State, in preparation for potentially violent conflicts he sees ahead.

In an interview for BBC 2's "Secrets of Silicon Valley," Martinez predicted that rapidly evolving technologies will eliminate half of the world's jobs within 30 years, an upset that could lead to chaos and even armed revolution.

"I've seen what's coming," he told the BBC interviewer, as quoted at Mashable. "And it's a big self-driving truck that's about to run over this economy."

Dozens of companies, including Google and most major global automakers, are now at work developing driverless technology, which some predict could become commonplace on the streets in under a decade. A recent study predicted the technology could eliminate 4 million North American jobs in short order.

"Within 30 years, half of humanity won't have a job," Martinez told the BBC. "It could get ugly there could be a revolution."

He added: "Every time I meet someone from outside Silicon Valley a normy I can think of 10 companies that are working madly to put that person out of a job."

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A veteran of investment bank Goldman Sachs, Martinez went to Silicon Valley to launch a digital ad company that he sold to Twitter. He then worked as an executive at Facebook, an experience he wrote about in his book "Chaos Monkeys."

Martinez's prediction that half of all jobs will be lost to automation in the coming years has support among academics. A 2013 report from the University of Oxford predicted that 45 per cent of U.S. jobs could be lost to machines within the next two decades.

A report prepared for Canada's federal government earlier this year warned that 40 per cent of Canadian jobs are at risk from automation in just the next decade.

It's one of the reason why some of the world's top scientists and tech entrepreneurs have been raising the alarm lately about automation and artificial intelligence and why some others have been preparing for catastrophe.

According to an article this year in The New Yorker, many of the U.S.'s wealthy elite are busy preparing for the breakdown of law and order. They are buying shelters and bunkers and preparing for their own transportation options for the day when they may need to flee the U.S., the article reported.

Elon Musk, the founder of Tesla Motor Co. and SpaceX, has been warning repeatedly artificial intelligence is the "biggest risk" humanity faces. He has been calling on governments to research the phenomenon.

But Musk's comments elicited a rebuke from Martinez's former boss, Facebook founder Mark Zuckerberg, who called Musk's comments on artificial intelligence "irresponsible."

"With A.I. especially, I'm really optimistic," Zuckerberg said last month in a Facebook Live broadcast. "I think that people who are naysayers and kind of try to drum up these doomsday scenarios I don't understand it. I think it's really negative and in some ways I actually think it is pretty irresponsible."

Related on HuffPost:

Surprising Jobs That Are Threatened By Automation

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Ex-Facebook Exec Warns Of 'Revolution' Caused By Job Automation - Huffington Post Canada

European Shares Offer Access to Automation Revolution – Morningstar

European industrial stocks were one of the weakest performers in the regions earnings rebound story this year, but a fund manager from Hermes believes that investors should not overlook the sector, thanks to the emergence of automation in factories.

European equities have enjoyed renewed investor enthusiasm this year. Following the victory of Emmanuel Macron in the French presidential election in April and a 25% profit growth in European companies in the first three months of the year, the Euro Stoxx 600, a benchmark for European equities, gained 10% by the mid of May.

Despite a rising euro that has hurt the competitiveness of European exporters recently, earnings growth is up 12.6% year on year in July, according to a published note by Morgan Stanley.

The banking sector delivered another strong earnings season. However, the general industrials sector suffered a notable slowdown in output in July, according to data from IHS Markit.

Tim Crockford, who manages the Hermes Europe Ex-UK Equity fund, admitted that European industrials stocks have had a fairly poor second quarter earnings season; but this is not necessarily a bad thing for the sector. From a valuation perspective, the industrial sector looks cheap thanks to the weaker earning results, while from a structural growth point of view, the sector is undergoing a significant change because of automation.

KION Group AG (KGX), for example, is one of the unrecognised long term structural growth ideas. They are the worlds second largest forklift manufacturer, which does not sound very exciting. However, they are changing: they made an acquisition in last year with a US company called Dematic, which is one of the leading companies in automatic warehouse, said Crockford.

Denise Molina, equity analyst with Morningstar agreed, saying that with Dematic, KION is ideally positioned to benefit from a structural shift to greater warehouse automation, offering a mid-single-digit revenue growth rate opportunity for the next several years.

As KION is very much perceived as a forklift business, it has not got the recognition it deserves as one of the global automated warehouse system leaders, Crockford argued, which presents an opportunity to invest cheaply in a growth stock.

Amazon (AMZN) and Walmart are Dematics biggest customers. Instead of buying into the expensive popular global online retailing stock Amazon, KION is a cheaper alternative for investors ... in this automation theme, said Crockford.

According to Morningstar equity analysts, Amazon is rated as a four-star stock, meaning analysts believe the company is trading above its fair value estimate. KION, on the other hand, is trading as a three-star stock, meaning analysts believe the stock is trading at its fair value estimate.

We look for longer term structural growth ideas ... Typically those stocks look like value stocks, although we believe they are growth stocks ... these are unrecognised mid-cap growth stories rather than the popular high-quality growth names, Crockford added.

Don Jordison, managing director of property at Columbia Threadneedle, echoed Crockfords views on automation warehouses, saying that they are a fantastic investing opportunity.

Amazon created a world where people expected goods to be delivered to their front door within three to four days. In order to do that, you need industrial estates to store in different areas of the UK. They are not called industrial estates anymore, instead they are called urban logistics. You can tell they are popular when they are given a new name- its fantastic, said Jordison.

Amazon is looking for 1,300 warehouse units across Europe as consumers demand shorter delivery times, the Telegraph reported in April.

When investors look at the US, growth in typical FANG stocks comes at a high cost, said Crockford.

Everyone knows they are great companies and they kept on being great companies, and definitely larger companies in the future; but ... you have to pay double or even triple digit multiples for that, said Crockford.

However, in Europe, investors still have the opportunity to buy into these huge structural themes, which are going to grow further in the future, even though we don't know when this will happen.

But we do not bother about the short term timing, what we bother about is the end-point. Europe provides you the opportunity to buy into these great structural stories with a cheap valuation, Crockford added.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Dive into home automation and save $120 on this Google Home and Philips Hue bundle – Android Central


Android Central
Dive into home automation and save $120 on this Google Home and Philips Hue bundle
Android Central
Home automation is the future, and if you want to jump into it, this Google Home and Philips Hue bundle is a great first step at just $188.99 at Best Buy. This is around $120 less than if you were to buy both pieces separately, which is money you'll ...

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Dive into home automation and save $120 on this Google Home and Philips Hue bundle - Android Central

Cities mark Hiroshima Day with urgent calls to abolish nuclear weapons – People’s World

August 6, 2017 Hiroshima Day remembrance on New Haven Green. Photo by Art Perlo.

Cities across the country and the world are stepping up their calls for abolition of nuclear weapons in commemoration of the 72nd anniversary of the horrific bombing of Hiroshima and Nagasaki, Japan. The bombings, which obliterated both cities and have had tragic and lasting effects, took place on August 6 and 9, 1945.

In New Haven, a silent vigil was held on the New Haven Green where a proclamation by Hiroshima Mayor Kazumi Matsui was read. Matsui warned against the inhumanity of nuclear weapons, saying that the hell wrought by the bomb could happen again unless nuclear weapons are abolished (full text below).

On July 7, the United Nations adopted a global Treaty to Ban Nuclear Weapons. Over 122 countries took part in negotiations and voted for this legally binding instrument to prohibit nuclear weapons. The U.S., the only country that has dropped an atomic bomb on a populace, opposes the treaty and boycotted the negotiations along with other nuclear weapons countries.

Mayor Matsui, also president of Cities for Peace, which includes 7,124 municipalities in 162 countries, greeted the U.N. decision, saying that Reliance on nuclear weapons is not only useless for solving current challenges of international security, but will also endanger the survival of the entire human species. The entire world community, therefore, needs to cooperate and work together to ensure that the new treaty will become a fully effective legal instrument to achieve nuclear abolition.

One week earlier, the U.S. Conference of Mayors had unanimously adopted a resolution welcoming the U.N. negotiations and calling on our government to engage in intense diplomatic efforts with Russia, China, North Korea and other nuclear-armed states and their allies, and to work with Russia to dramatically reduce U.S. and Russian nuclear stockpiles. (www.usmayors.org)

In addition, the resolution welcomed declarations adopted by five municipalities, including New Haven, urging Congress to cut military spending and redirect funding to meet human and environmental needs.

The final resolve by the U.S. Conference of Mayors was to call on the president and Congress to reverse federal spending priorities and to redirect funds currently allocated to nuclear weapons and unwarranted military spending to restore full funding for Community Block Development Grants and the Environmental Protection Agency, to create jobs by rebuilding our nations crumbling infrastructure, and to ensure basic human services for all, including education, environmental protection, food assistance, housing and health care.

Participants at the vigil in New Haven, initiated by the City of New Haven Peace Commission and the Greater New Haven Peace Council, signed letters to U.S. Senators Richard Blumenthal and Chris Murphy, calling on them to support a shift in funding from military to human needs in the current budget fight.

The full text of Mayor Matsuis Hiroshima Day Declaration follows:

Friends, 72 years ago today, on August 6, at 8:15 a.m., absolute evil was unleashed in the sky over Hiroshima. Lets imagine for a moment what happened under that roiling mushroom cloud. Pikathe penetrating flash, extreme radiation and heat. Donthe earth-shattering roar and blast. As the blackness lifts, the scenes emerging into view reveal countless scattered corpses charred beyond recognition even as man or woman. Stepping between the corpses, badly burned, nearly naked figures with blackened faces, singed hair, and tattered, dangling skin wander through spreading flames, looking for water. The rivers in front of you are filled with bodies; the riverbanks so crowded with burnt, half-naked victims you have no place to step. This is truly hell. Under that mushroom cloud, the absolutely evil atomic bomb brought gruesome death to vast numbers of innocent civilians and left those it didnt kill with deep physical and emotional scars, including the aftereffects of radiation and endless health fears. Giving rise to social discrimination and prejudice, it devastated even the lives of those who managed to survive.

This hell is not a thing of the past. As long as nuclear weapons exist and policymakers threaten their use, their horror could leap into our present at any moment. You could find yourself suffering their cruelty.

This is why I ask everyone to listen to the voices of the hibakusha. A man who was 15 at the time says, When I recall the friends and acquaintances I saw dying in those scenes of hell, I can barely endure the pain. Then, appealing to us all, he asks, To know the blessing of being alive, to treat everyone with compassion, love and respectare these not steps to world peace?

Another hibakusha who was 17 says, I ask the leaders of the nuclear-armed states to prevent the destruction of this planet by abandoning nuclear deterrence and abolishing immediately all atomic and hydrogen bombs. Then they must work wholeheartedly to preserve our irreplaceable Earth for future generations.

Friends, this appeal to conscience and this demand that policymakers respond conscientiously are deeply rooted in the hibakusha experience. Lets all make their appeal and demand our own, spread them throughout the world, and pass them on to the next generation.

Policymakers, I ask you especially to respect your differences and make good-faith efforts to overcome them. To this end, it is vital that you deepen your awareness of the inhumanity of nuclear weapons, consider the perspectives of other countries, and recognize your duty to build a world where we all thrive together.

Civil society fully understands that nuclear weapons are useless for national security. The dangers involved in controlling nuclear materials are widely understood. Today, a single bomb can wield thousands of times the destructive power of the bombs dropped 72 years ago. Any use of such weapons would plunge the entire world into hell, the user as well as the enemy. Humankind must never commit such an act. Thus, we can accurately say that possessing nuclear weapons means nothing more than spending enormous sums of money to endanger all humanity.

Peace Memorial Park is now drawing over 1.7 million visitors a year from around the world, but I want even more visitors to see the realities of the bombing and listen to survivor testimony. I want them to understand what happened under the mushroom cloud, take to heart the survivors desire to eliminate nuclear weapons and broaden the circle of empathy to the entire world. In particular, I want more youthful visitors expanding the circle of friendship as ambassadors for nuclear abolition. I assure you that Hiroshima will continue to bring people together for these purposes and inspire them to take action.

Mayors for Peace, led by Hiroshima, now comprises over 7,400 city members around the world. We work within civil society to create an environment that helps policymakers move beyond national borders to act in good faith and conscience for the abolition of nuclear weapons.

In July, when 122 United Nations members, not including the nuclear-weapon and nuclear-umbrella states, adopted the Treaty on the Prohibition of Nuclear Weapons, they demonstrated their unequivocal determination to achieve abolition. Given this development, the governments of all countries must now strive to advance further toward a nuclear-weapon-free world.

The Japanese Constitution states, We, the Japanese people, pledge our national honor to accomplish these high ideals and purposes with all our resources. Therefore, I call especially on the Japanese government to manifest the pacifism in our constitution by doing everything in its power to bridge the gap between the nuclear-weapon and non-nuclear-weapon states, thereby facilitating the ratification of the Treaty on the Prohibition of Nuclear Weapons. I further demand more compassionate government assistance to the hibakusha, whose average age is now over 81, and to the many others also suffering mentally and physically from the effects of radiation, along with expansion of the black rain areas.

We offer heartfelt prayers for the repose of the atomic bomb victims and pledge to work with the people of the world to do all in our power to bring lasting peace and free ourselves from the absolute evil that is nuclear weapons.

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Cities mark Hiroshima Day with urgent calls to abolish nuclear weapons - People's World

Jobcentre Closures Are Yet Another Nasty Act From The Nasty Party … – HuffPost UK

Next year the country marks seventy years since the abolition of the Poor Laws and the introduction of social security provision.

In doing so, this country took massive, progressive steps away from the centuries-long institutional punishment of people for the crime of being poor.

But under Theresa May's government we are about to be hurtled even further and faster backwards to the bygone dark days.

Because joining the immoral rise in foodbank dependency and the obscenity of sanctioning people on the lowest of incomes to worsen their despair still further, the Tories will now make it even harder for those seeking work to access the very job centres meant to assist them in their task.

Yes, the Tories are closing job centres. That is right - they are shutting the very facilities established to help the jobless into work. From the nasty party of `on your bike' we now have the door to help slammed hard in the faces of those doing their best to access this help.

Of course the measure is claimed as another cost-saver from the geniuses that brought us the austerity economics that have broken our public services and depressed our economy.

First announced in January this year, the closures were planned for next March but now they are being rushed through with some closures to hit Liverpool this September.

Labour has been opposed to the closures from the start. They are not just senseless - they have not even been tested. When one DWP official told me they hadn't received a 'large response' to one public consultation, I had to ask in utter disbelief who exactly he had expected would be engaging with the DWP's officialdom. The truth is that the government did not bother looking too hard to see who would be hurt by this latest set of cuts. They knew already - they just don't care.

In Liverpool Walton, the constituency I represent, working age unemployment and incapacity claimant rates are more than twice the national average. Over 40 per cent of adults have no formal qualifications and illiteracy rates are quite simply the worst in the UK. That job centres are at least based in the communities they serve and staff understand the lives of the people they are seeking to support is fundamental.

My constituents depend upon them for support into employment or receiving the welfare they need while they can't work. Closing job centres in north Liverpool makes about as much sense as a busy restaurant shutting down the kitchen to cut costs.

Having to travel further and more complicated routes to access job centres will disproportionately affect the disabled and those with mental health issues or caring responsibilities. For some of the most vulnerable people this will mean finding another fiver per appointment for bus fares - quite literally taking the food out of people's mouths. The result will be more sanctions, more hardship, and even fewer people finding a way into secure, well-paid jobs.

Jobcentre 'customers', as they're known, need the support of their local jobcentre staff, access to computers and other facilities to meet the demands government places on them. Norris Green Job Centre works closely with the Bridge Community centre down the road ensuring that our most vulnerable are not cut off from vital benefits they need to live. All this is at risk if closure plans proceed.

These closures aren't based in economics. They're cruel and they are ideological, pulling the plug on community facilities where people's need to access them is highest.

That's why these closures are a national scandal, not a local inconvenience. They are taking place at the same time as the rolling out of Universal Credit and as the welfare system is moving online, which for some people is akin to taking it out of the community and putting it into the ether.

Where on earth is the sense, let alone the humanity, in this? Surely if we want people out of work to be aided into work, we remove the obstacles in their way. We do not close the very facility on which they most greatly depend for work-related news and information. As some of my constituents have observed, it is as if the Tories will not be happy until the workhouse is back.

So I'm calling on the Commons' Work and Pensions Select Committee to hold an urgent inquiry and call on government to stop closures until a full inquiry has taken places. Please, come to constituencies like mine and hear first-hand from those directly affected about the anguish these closures will cause them.

The Conservatives are inflicting a monstrous misery on those with no power or voice. Their actions owe more to those bygone days when the poor were to be loathed, not assisted.

Theresa May's talk about taking the 'tough decisions' is hollow. Time and time again the Tories take the easy option and kick the poor instead of standing up to the abuses of those of the top.

In 1995 my dad, one of 500 Liverpool dockers sacked for refusing to cross a picket line, spent seven years out of work. At the age of eight, I learned that the state has a vital role to play in placing itself between its people and pauperism, and that sometimes people had to fight for their jobs and for decent employment and livelihoods. I never dreamt that 22 years we be fighting to hold onto a basic facility that supports people into work.

This government has given us the bedroom tax. It has put the disabled and the dying through disgraceful indignities as they seek an income. It has super-charged food poverty, seen wages fall to historic low levels and illegally priced working people out of justice through now defunct tribunal fees.

So much of what this government has done is a disgrace to the values held by decent people. They have been a traitor to our forefathers and mothers who said never again would poverty ravage our people.

We have only a matter of weeks to stave off these cold-hearted closures. I know that there are MPs across the house, including on the Conservative benches, who see these closures as simply a step too far. Today, I appeal to them: join me, stand up for your constituents and let's work together to stop this rotten policy.

Dan Carden is the Labour MP for Liverpool Walton

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Jobcentre Closures Are Yet Another Nasty Act From The Nasty Party ... - HuffPost UK

#WomensMonth: Queen of the Comeback on speaking up – Bizcommunity.com

Not one to do things by half measures, Nidhika Bahl is an author, entrepreneur, international speaker, success coach and owner of a media company. She shares her success story to date and how Joyce Meyer changed her life.

Her weekly episodes on The Game of Life TV are intended to leave viewers more motivated, inspired and equipped to turn their dreams into reality:

Quite the powerhouse, heres how she does it

Nidhika Bahl, Queen of the Comeback.

One day, I came across a book called Battlefield of the Mind by Joyce Meyer. I loved the contents of the book and I had a huge urge to look up Joyce Meyer so I went straight to Google and searched for her name. What came up was a Youtube recording of one of Joyces many womens conferences. I started watching the video, hoping that something she might say in the video would give me the answer that I was seeking. Half the video went by and there was nothing I was disappointed! Nevertheless, I kept pushing myself to keep listening. Somewhere around the 40-minute mark, a lady in the audience raised her hand to ask Joyce a question. To my shock she asked Joyce the exact Why me question that had been playing in my mind. I was so excited! I still remember that moment, I felt a chill go down my spine, and I had goosebumps all over my body.

I jumped up on my seat eagerly waiting for Joyces response. And then Joyce said something that changed the entire course of my life! She said, You hurt, you heal, you help. Her words resonated with me so much that they went straight though my heart into my whole being.

Those words from Joyces mouth changed the entire direction of my life and made me the person that I am today. I have never met Joyce and she definitely has no clue that I exist. But, six words from her mouth You hurt, you heal, you help, changed my entire life. This is when I began my quest for personal leadership, empowerment and intentional living.

The book includes stories of vision and belief, passion and persistence, struggles and setbacks of seven individuals that became key players in their domain. Each of the stories is from a different field and presents a different face, yet the soul remains the same the ability to fight against all odds to come up victorious. Through these stories I reveal a pathway for living that empowers the readers to adapt to change and gives them the wisdom to take advantage of the opportunities that come with each and every obstacle in life. The books message is simple Dont surrender to misery another day. Take steps towards unlocking and unleashing the magic inside you and create your own breakthrough to a magnificent life!

As far as managing time for my personal life is concerned, I start my day early in the morning. Thats when I do my planning for the day ahead and set up my goals for the day. This is also the time when I do most of my writing. Then I spend my day engaging with my training and coaching clients through various social media platforms. I typically do one free seminar or webinar every week and I do two live weekend workshops every month. Apart from that I take up two to three speaking engagements in a month. Thats not a whole lot of work really, so Im not busy through the day and have the freedom to design my own schedule. I like to balance my life on a daily basis, and I do this by watching movies and reading because both these activities are super relaxing for me.

I took to full-time theatre with Ank Theatre Group in Mumbai and performed in numerous plays under the direction of the late Shri Dinesh Thakur at the famous Prithvi Theatre in Juhu, Mumbai. This is where I was offered a freelance job with a media company. During my stint with them, I literally did everything for their corporate client vertical from idea initiation, client servicing, creative direction, and job execution to final delivery. I started loving my new work so much that I took the decision to start my own media company, and this is what led to the birth of Parallel Circles Entertainment.

I formed Parallel Circles Entertainment in 2006 with an intention to produce quality content for the corporate sector, as well as TV and cinema. As the founder and creative director of Parallel Circles Entertainment, I had the privilege of working with some of the best names in the corporate industry, such as P&G, Gillette, E-City Films, Kotak Mahindra Bank, Neev Group, Voltas, Akzo Nobel, CRY Shiksha, Zoya by Tata and many more.

Seems Bahls certainly found the secret to successfully living her best life and bouncing back from life's many obstacles.

Contact Bahl through the following channels for more: email: moc.lhabakihdin@akihdin | web | Facebook | LinkedIn | Twitter | Instagram | Youtube

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#WomensMonth: Queen of the Comeback on speaking up - Bizcommunity.com

SoftBank adding technology ambitions, with ARM, robotics – ABC News

Photo ops of SoftBank Chief Executive Masayoshi Son sometimes show him chatting happily with his company's humanoid robot, the childlike Pepper, or grinning as President Donald Trump heaps praise on him for creating American jobs.

It's clear Son, Japan's richest person, stands out in Japan Inc.

He is no "salaryman" president, those typical executives who rise gradually and quietly through the ranks, Japan-style, in a corporate culture that frowns upon mavericks and tends to squelch self-made ventures.

Since founding SoftBank in 1981, Son, a Japanese of Korean ancestry who graduated from the University of California, Berkeley, has won both criticism and accolades as a daring investor who has gathered partners in diverse technology sectors from around the world.

Sometimes those adventures cost him. But often, they have paid off.

SoftBank Group Corp. reported Monday a 98 percent drop in its April-June profit at 5.5 billion yen ($50 million) on losses stemming from investments in the Chinese e-commerce company Alibaba.

Quarterly sales rose 3 percent to 2.19 trillion yen ($20 billion), while the Tokyo-based company's operating profit, which highlights core operations, logged a 50 percent increase year-on-year as its U.S. mobile carrier Sprint, previously a drain on the bottom line, boosted profitability.

The first telecoms carrier to offer the iPhone in Japan, SoftBank has bought British semiconductor company ARM. Its acquisition of U.S. robotics pioneer Boston Dynamics is awaiting regulatory approval. Recently, it has announced it will invest in Encored, a U.S. company specializing in IoT technology in the energy sector.

Son believes artificial intelligence combined with data gathered by billions of sensors will benefit people more than the 19th Century Industrial Revolution, helping to treat cancer, deliver accident-free driving and grow safer food.

Son also has money to invest: a private fund he set up last year for global investments in the technology sector, called the Vision Fund, with the potential to grow to as much as $100 billion. Trump has praised him for promising to invest $50 billion in U.S. startups to create 50,000 jobs.

Son stressed at a news conference Monday that his company was neither an old-style Japanese "zaibatsu," a business conglomerate with roots dating to the 19th century Meiji Era, nor a venture capital outfit pursuing a quick payback.

SoftBank tries to influence strategy in the businesses it invests in, without exerting outright control or overhauling their management, he said, instead collaborating on a shared vision of what he called the "information revolution."

"We don't try to stamp our color on our group companies," he said. "We feel a brand should be free."

Son's spectacular rags-to-riches story, making one big acquisition after another including an approximately 40 percent stake in Yahoo in the 1990s, has left many skeptical over what appears to be a risky way to run a business, said Satoru Kikuchi, a senior analyst at SMBC Nikko Securities Co.

But as he added stakes in one technology powerhouse after the other, names like Microsoft Corp., Novell, Cisco Systems, Ziff-Davis and Comdex, Son has shifted gears when necessary, adjusting his portfolio and often emerging a winner and winning trust from key investors, Kikuchi said.

"His goal is to become the No. 1 company in the world through expanding in the technology area," he said. "He has the ability to gather money and information. He can act, and he can make decisions."

In a recent, nearly three-hour presentation in Tokyo, Son presented some of the ventures he is partnering with, including OneWeb, whose founder and chairman Greg Wyler wants to use satellites instead of underground cables to provide affordable internet access for everyone.

He showed off Spot, a four-legged robot that can climb steps and dance. ARM's chips are found in nearly all smartphones and wearables, he noted. Data gathered from such omnipresent sensors provide far more comprehensive data than what can be gathered through mobile phones or computers, Son said.

"Those who rule chips will rule the entire world. Those who rule data will rule the entire world." Son said. "That's what people of the future will say."

SoftBank also runs a solar power business, which Son plunged into with fervor after the 2011 Fukushima nuclear disaster in northeastern Japan. His business empire also includes financial-technology, ride-booking services and a baseball team, the Softbank Hawks.

Takenobu Miki, who worked closely with Son in the late 1990s and early 2000s, says Son excels in bringing together partners whom he thinks will be instrumental in the future.

Big Japanese companies often hoard resources like money, facilities and employees. Son doesn't, says Miki, who now has his own business, Japan Flagship Project Co., which provides consulting and project management, among other services.

He says those who criticize Son for chasing quick bucks misjudge him.

"What you don't want is an unprofitable company," said Miki. "And he has a passion, a dream."

Follow Yuri Kageyama on Twitter at https://twitter.com/yurikageyama

Her work can be found at https://www.apnews.com/search/yuri%20kageyama

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SoftBank adding technology ambitions, with ARM, robotics - ABC News

These Are the Technology Firms Lining Up to Build Trump’s Extreme Vetting Program – The Intercept

Back when he was a presidential candidate, in August 2016, Donald Trump promised his followers and the world that he would screen would-be immigrants using extreme vetting, a policy that has remained as ambiguous as it is threatening (his haphazard and arbitrary Muslim ban was the apparent result of that pledge). Today, Homeland Security documents show the American private sector is eager to help build an advanced computer system to make Trumps extreme vetting a reality.

On July 18 and 19, the U.S. Immigration and Customs Enforcements Homeland Security Investigations division hosted an industry day for technology companies interested in building a new tool for the Homeland Security apparatus. The event was only supposed to take one day at the Crystal City Marriott in Arlington, Virginia, but was expanded to two after what ICE called an overwhelming response from interested companies. According to an ICE document titled Extreme Vetting Initiative provided to potential contractors, the agencys current ability to evaluate an immigrants potential for criminality or terrorism is inadequate, fragmented across mission areas and are both time-consuming and manually labor-intensive due to complexities in the current U.S immigration system. ICE is simply digging around so much, at such a fever pitchunder Trump,that theyve created a hopeless backlog.

So its time for something new and better, says ICE: asystem that will serve as an overarching vetting machine that automates, centralizes, and streamlines the current manual vetting process while simultaneously making determinations via automation if the data retrieved is actionable in order to implement the Presidents various Executive Orders (EOs) that address American immigration and border protection security and interests. In other words, data-mining software that helps ICE agents find human targets faster.

A slide from an ICE presentation made at the agencys Industry Day in July.

ICEs hopeis that this privately developed software will help go far beyond matters of legality to matters of the heart. The system mustdetermine and evaluate an applicants probability of becoming a positively contributing member of society, as well as their ability to contribute to national interests and predict whether an applicant intends to commit criminal or terrorist acts after entering the United States. Using software to this end is certainly in line with Trumps campaign rhetoric during a rally in Phoenix, he described how extreme vetting would make sure the U.S. only accepts the right people, using ideological certification to make sure that those we are admitting to our country share our values and love our people.

Sign-in sheets from the ICE event show a sizable private sector turnout, including representatives from IBM, Booz Allen Hamilton, LexisNexis, SAS, and Deloitte, along with a litany of smaller firms, such asPraescient Analytics, Red Hat, PlanetRisk, and Babel Street (the sign-in sheets can be read below).

The tool, according to ICE documents, will solvethe fact that the agency is dealing with such an enormous volume of people that analyzing them through traditional means is becoming less feasible Homeland Securitys Counterterrorism and Criminal Exploitation Unit (CTCEU) reviews over 1,000,000 violator leads for derogatory information annually and sends approximately 8,400 cases to HSI field offices for investigation.

Should ICE succeed, the Extreme Vetting Initiative will make analyzing millions of people for potentially threatening traits more manageable. The initiative appears to be chiefly aimed at what ICE calls nonimmigrants, a term for foreign nationals seeking temporary entry to the United States for a specific purpose. Interested contractors were told their system must be capable of scraping not only data in various law enforcement databases and other government agency computer systems (including FALCON, an immigration database created by Palantir) but will extensively exploit anything that can be found on the public internet in order to provide continuous vetting of foreign visitors for the entirety of their stay. Essentially, anything online that doesnt require a password would be fair game under the Extreme Vetting Initiative:

The Contractor shall analyze and apply techniques to exploit publically [sic] available information, such as media, blogs, public hearings, conferences, academic websites, social media websites such as Twitter, Facebook, and LinkedIn, radio, television, press, geospatial sources, internet sites, and specialized publications with intent to extract pertinent information regarding targets, including criminals, fugitives, nonimmigrant violators, and targeted national security threats and their location.

ICE declined to comment for this article, but in a Q&A session with contractors, the agencylamented that its biggest constraint, because we are a vetting/screening operation, is that we are required to work with what is publically [sic] available. That said, ICE told the contractors that as far as what data is ingested into the Extreme Vetting Initiative system, theyre willing to be very flexible:

We are open to anything right now. Wed have to run it thru Privacy but the idea is to be nimble here. We dont want to be restrictive so we dont want to strictly limit it to certain datasets. We recognize things are changing all the time as is our ability to navigate thru new permissions to enhance law enforcements ability to do their job. We expect that to continue in the near term to get the job done.

That same Q&A document includes a pointed question from an unnamed contractor about the potential for the entire plan to be foiled by the American Civil Liberties Union:

Five years ago the FBI tried to accomplish the objectives that are being stated here and the ACLU shut it down. The FBI tried to [do] this type of contract in the past and the ACLU shut them down. Does ICE realize the problems of the past and what happened before?

But ICE doesnt seem particularly worried, explaining that while the FBI has been tripped up when attempting similar data-mining operations against American citizens, an operation focused on non-citizens would be less likely to face such obstacles. The prediction is that in the near future there will be legislation addressing what you can and cant do, the agency answered. We will continue to do it until someone says that we cant.

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These Are the Technology Firms Lining Up to Build Trump's Extreme Vetting Program - The Intercept

Gwinnett schools turn to data for better student performance – MyAJC

Gwinnett County public school leaders, who opened the doors for a new school year Monday, are increasingly turning to technology to improve classroom performance.

Georgias largest school district is one of a handful nationwide using predictive analytics to determine where its 180,000 students need the most help. Gwinnetts partner in this effort is IBM, which joined forces with the district several years ago.

The data was initially used to spot things such as whether a student is excessively absent. Now, they want the data to help them do more to assist in finding classroom techniques to help students struggling academically and help those doing well to excel.

We still need to try to get the predictive analytics working at that level, Gwinnett Superintendent J. Alvin Wilbanks said in an interview.

Some parents and observers, though, are worried about what kind of data schools are keeping about children as well as some learning exercises using IBM-related technology.

A corporate, data-collecting platform that exposes very young children to the harm of increased screen time and to fairly blatant marketing, and that encourages problematic behaviors, should not be imposed unless parents are given complete information about the program and allowed to remove their children from participating, said Jane Robbins, an attorney and a senior fellow with the American Principles Project, a conservative-leaning organization, whosbeen critical of some of Gwinnetts practices.

Wilbanks said Gwinnett has tried to be careful collecting data, adding the school district has been working on efforts to make its passwords more secure.

We only need to be collecting the data we need to collect, he said.

Because of its size and finances, Gwinnett is known to be eager to try new technology or ideas in the classroom. Gwinnetts$2 billion budget is twice as large asCobbs, Georgias second-largest public school district.

In 2013, Gwinnett and IBM announced their data partnership as part of the school districts eClass initiative to use technology to improve classroom performance. Teachers and principals use data from student assessments, frequently comparing the results to other Gwinnett schools, to determine what teaching techniques can be used to improve student performance. Gwinnett officials believe its helping, in some cases with the help of characters like Elmo.

A few months ago, IBM and the Sesame Network announced they had created the industrysfirst vocabulary learning app for kindergarten students. The app featured Sesame Street characters alongside IBMs Watson artificial intelligence learning technology, educational videos and word games.

The pilot focused on words most kindergarten students, or adults, dont use, such as arachnid. Some teachers noticed students during recess referring to spiders on the playground as arachnids and noting the camouflage, another word taught to the students, on bugs bodies.

At Coleman Middle, Georgias only state-certified school for science, technology, engineering, the arts and math, teachers and students were already preparing Monday to work on their first large-scale projects of the year using different forms of technology. Some students, for example, will collect county restaurant food-inspection data to look for trends in bacteria or diseases. Other students will use 3D printers or computers in the music lab for various projects.

Principal J.W. Mozley said he finds students are not bashful about using some gadgets in the school. The key, he said, is to keep them trying different forms of technology.

We feel very strongly that students should be producers of the technology, not just consumers, Mozley said.

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Gwinnett schools turn to data for better student performance - MyAJC

Samsung Racing to Match the iPhone’s Rumored Semiconductor Packaging Technology for Galaxy S9 – Patently Apple

A South Korean report today revealed a very interesting factoid about the new iPhone 8 if it indeed pans out. According to the report "Samsung Electronics is set to shake markets for Smartphone parts once again. After deciding to apply integrated touch display to its strategic Smartphone that is expected to be released during first half of 2018, it has now decided to use 'SLP (Substrate Like PCB)' as the main board. SLP is a next-generation board that is applied with semiconductor package technology and this is the first time Samsung Electronics is applying SLP to its products. It is likely that this decision will bring enormous amount of impact on entire makers of Smartphone parts and components." It later noted that "It is heard that Apple also decided to use SLP for its new iPhone, which is expected to be released this fall, due to this strength of SLP." ETNews claims that it was confirmed that Samsung Electronics is planning to use SLP starting with Galaxy S9 that will be released in 2018.

The report further noted that "As Apple and Samsung Electronics, which are leading global Smartphone markets, decided to start using SLP for their upcoming Smartphones, main board manufacturers for Smartphones are set to face catastrophic impact." The report went one step further by claiming that "This indicates that businesses that have not secured semiconductor package technologies are likely to fall behind in the future and back-end industries are now in danger of losing businesses "

Another Korean report on the matter added today that "The substrate-like PCB is an advanced version of the current HDI circuit board. The stacked design, among other things, drastically improves space efficiency for battery whose size is getting bigger and bigger for high-end phones."

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Samsung Racing to Match the iPhone's Rumored Semiconductor Packaging Technology for Galaxy S9 - Patently Apple

Clyde Space joins Teledyne e2v to explore quantum technology in space – SpaceNews

A view of the clean room at Clyde Space's Glasgow facility. Credit: Clyde Space

LOGAN, Utah Scotlands Clyde Space Ltd. is joining forces with industrial conglomerate Teledyne e2v to develop a free-flying nanosatellite to demonstrate the unique quantum properties of cold atoms.

The Cold Atom Space Payload mission will create a new wave of space applications, Craig Clark, Clyde Space chief executive, said in a statement.

Laboratory experiments on the ground have shown that atoms cooled to a temperature of 0 degrees Kelvin, or -273.15 Celsius, can act as extremely sensitive sensors capable of mapping minuscule changes in the strength of Earths gravity. As a result, instruments using the cold atoms could help researchers monitor polar ice mass, ocean currents, sea levels and underground water resources in addition to identifying new underground deposits of natural resources. The technology also has applications for deep space navigation and precision timing.

Clyde Space and Teledyne e2v plan to develop the Cold Atom Space Payload mission over the next 18 months and launch it by the end of the decade. Partners for the project, which is funded by Innovate UK, an economic development agency, include Gooch & Housego PLC, XCAM Ltd., Covesion Ltd. and the University of Southampton.

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Clyde Space joins Teledyne e2v to explore quantum technology in space - SpaceNews

Apple Needs Micron Technology – Seeking Alpha

The NAND landscape. Apple (AAPL) has constantly been suing Samsung (OTC:SSNLF), the largest producer of NAND memory in the world. And Apple also is a customer of Samsung for NAND. Apple has also been a customer of Toshiba (OTCPK:TOSBF), which can't accomplish its spin off of its memory unit and is in full on litigation with its joint venture partner Western Digital (WDC). The future of Toshiba's Fab 6 which would make the next generation of memory is entirely unclear. And then there is SKHynix (OTC:HXSCF) which is only now ramping to a 48 layer 3DNAND while its competitors are all in full production with 64 layer product.

And finally there is Micron Technology (MU) trading at a paltry 5x forward, and 12x trailing, PE. Micron has the most dense 3D memory chip available which gives it a cost advantage and should give customers concerned about critical real estate, like the inside of a smartphone, a space advantage.

So what is Apple to do? Right now things in the Micron part of the memory market should look invitingly calm if you are a massive consumer like Apple. They have no IP lawsuits with you. They aren't in litigation with a JV partner. And they are a leader, at present, in terms of technology.

Apple should consider:

Tim and Donald discussing tax on repatriation of foreign cash?

Why should Apple bother? Many of us learned about Micron from articles here by the great Russ Fischer. Russ wrote in 2013 that Intel (NASDAQ:INTC) should acquire Micron. I wrote a rejoinder in November 2013 that perhaps Apple should acquire Micron. So far we are both wrong. (Be charitable. Call one of us early.) After making many millions of dollars for faithful Seeking Alpha readers, Russ suffered a major stroke. He is recovering and I hope I don't set him back to say that I still think Apple is the more logical buyer. Who knows? Maybe one day one of us could be correct.

Russ was great at boiling complicated stuff down so us mere mortals could understand it. Let me try to channel my muse here.

First, pretend you are buying an iPhone. Go to the Apple store and see that an upgrade from 128GB of NAND on an iPhone 7 is priced at $100. Next, wander over to inSpectrum to see what Apple might be paying to fulfill your upgrade. Scroll on down to the 128Gb chips and multiply by 8 to get 128GB for your upgrade. On August 6 as I was writing this, the spot price for the 128Gb TLC chip was $4.70. And so 8 of these would cost $37.60. Of course Apple doesn't pay spot and presumably they get a pretty sweet contract price. They also are presumably still buying whole wafers and are sawing them down, testing them, and packaging themselves achieving an even better cost. But let's just call it a $62 margin on your $100 upgrade to keep the math simpler. This is way down from a 92% margin Apple was getting on a 16GB upgrade when I wrote my November 2013 article. Maybe IDTT (It's Different This Time)?

Now humor Toni Sacconaghi of Bernstein who has just written that he thinks Apple will sell 251,069,000 iPhones in 2018. Gee, lets assume that there is a memory shortage and Apple is only able to get enough memory for a base model phone (128GB in the case of the iPhone 7 on the Apple store site linked above). OK maybe they scrounge up enough NAND for a few upgrades but 100 million upgrades are foregone since Apple's Tim Cook (Apple CEO and supply chain czar) is margin sensitive. Hmmm, 100 million phones that don't generate a $62 margin on this memory upgrade. Why that would be $6.2 billion in foregone gross profit! And if you rattle down through Toni's model, this might mean a decrease in Apple's earnings per share of around 50 cents. And then multiplying by a 17.79x PE according to Google finance, etc. etc.

Conclusions: There are lots of other reasons, besides the iPhone memory upgrade example, for Apple to cozy up to Micron. Toni Sacconaghi also thinks Apple will sell 39.6 million iPads, 19 million MACs, and 14.4 million watches in 2018. All of these consume NAND. They also consume Micron's primary product line of DRAM.

Beyond NAND and DRAM Micron could help Apple's ambitions with new memory types and artificial intelligence. The Micron/Intel jointly developed 3DXpoint memory comes to mind with regard to new memory. I would steer readers to Stephen Breezy's wonderful first article on SA "The iPhone 5 Technology Rabbit Hole." He was writing about phase change memory and the days of run time life it could give an iPhone. Of course it didn't happen in the iPhone 5 and hasn't appeared in subsequent models. But PCM is at the heart of 3DXpoint. A Micron controlled, or buddied up to, by Apple might yet see such an implementation.

On the AI side, one needs look no further than Micron's supply of advanced DRAM to Nvidia (NVDA) for its GPU's.

Naysayers will point out that Apple hasn't bought anything larger than its Beats headphone company. They should. Naysayers will suggest that it wouldn't work for Apple to sell memory that it doesn't need to competitors. Nonsense! This is what Samsung does every day of the week, including to a competitor named Apple.

Russ Fischer is doing a little better. He isn't hunched over a computer reading Seeking Alpha or comments to articles but we make sure he hears those of interest. When I last spoke with him, he was scheming about buying a Ford truck, racing watercraft with his son again, and journeying to Seattle. I can't wait to see him turn his nurses into millionaires with some of his trading ideas. Nice to see that a fellow going through what he is, and what he has gone through, is still developing a bucket list.

Disclosure: I am/we are long MU, INTC.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.

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Apple Needs Micron Technology - Seeking Alpha

Crews make progress on Mammoth Fire – Idaho Mountain Express and Guide

The regional office of the Bureau of Land Management reported this morning that firefighting crews have made significant progress on stopping the advance of the Mammoth Fire, which started Friday north of Shoshone and marched northward over the weekend through sagebrush and grasslands to the south of Blaine County.

The BLM reported Monday morning that it expects to have the fire contained by 8 p.m. tonight, Aug. 7, and controlled by Thursday night. The fire has burned about 50,200 acres of land.

The BLM reported that a "burnout" operation on Sunday was successful in eliminating fuels in the fire's path and that most of the fire's progression had been stopped.

"Crews are improving containment lines and mopping up hotspots," the BLM reported. "Some interior burning is expected today, but should not cause any additional growth."

The BLM has 24 engines, two hand crews,one hot-shot crew, 20 aircraft, four bulldozers, three water tenders and one camp crew fighting the fire.

The wildfire started about seven miles north of Shoshone, near the Mammoth Ice Caves, on Friday, of an undetermined cause. Over the weekend, it burned north to within about seven miles of Carey. On Sunday, crews were able to stop the fire at the Picabo Desert Road, south of Timmerman Hill.

The fire has burned one residence and two minor structures, the BLM reported.

On Saturday night and Sunday morning, the fire threatened to destroy a primary electrical transmission line into the Wood River Valley. County officials and residents were put on alert Saturday that loss of the line could cause a sustained power outage in the valley. Idaho Power Co. and BLM crews were able to prevent severe damage to the line and power to Blaine County was never lost.

Originally posted here:

Crews make progress on Mammoth Fire - Idaho Mountain Express and Guide

Joe Rudolph talks Wisconsin offense’s progress in camp – Bucky’s 5th Quarter

MADISONOn Saturday, Wisconsin offensive coordinator and offensive line coach Joe Rudolph met with reporters after the Badgers sixth practice of fall camp.

For nearly 10 minutes, he answered questions ranging from the combination of offensive linemen that could start for Wisconsin beginning on Sept. 1 against Utah State to the other skill positions including wide receiver and his starting quarterback.

On redshirt junior Michael Deiter transitioning to left tackle and where he is in terms of getting comfortable: I think hes making some great strides. I really do. Hes smart, there are some things thatll pop out. Itll be something he hasnt quite done yettheres this pressure against that run, that pass, but hes really making strides. I think he could be a difference-maker and make a bigger impact at that spot so we gotta see, we gotta see how it figures out, but right now hes doing a good job.

If he has to get a different combination on the offensive line, how far do they go into camp and how much time do they give themselves? As we work through, hell be getting reps at center, and hell be getting reps at left tackle. And really, I do feel like reps at left tackle, especially versus our defense with the variations, wont really bother him if he had to do both. But im trying to keep him as much as he can. I know hes got a solid base playing center but hell get more of those as the camp progresses.

On wide receivers and, outside of Jazz Peavy, having players that may be inexperienced: Ive liked it. Inexperienced, but guys that have played. Like A.J. [Taylor] played last year, and Quintez [Cephus] has played and George [Rushing] is a senior. Im excited about those guys, and I think its a little bit different approach when you have played.

Now, KP [redshirt freshman wide receiver Kendric Pryor] hasnt, but man, I see him growing from what he did in the spring, so I like what that group is doing and what theyre showing. I think I like that theyre playing fast. You can tell theres an understanding across the board, so hopefully that continues.

On Wisconsins tackles and if theres one who can play as a swing tackle: I kind of see how it goes. I think right now, someone who could be a swing could be David Edwards. I think then you have good communication left and right. You got [right guard] Beau [Benzschawel] on one side, you got him there, and then you would have David on the left. Same way if you have [redshirt junior guard] Micah [Kapoi] in there. You have communicationguys that have been through it and can talk.

On Tyler Biadasz and where hes at with communication: Hes owned it, and I dont think theres a guy in the room though that wouldnt say hes owned it by the way hes approached it and what hes done to this point. Hes got to keep fighting but hes doing a good job.

On the growth of Beau Benzschawel over the course of the offseason: Hes doing a good job. Hes trying to change some things up a little bit and play a little bit more aggressive, and hes getting there. Hes utilizing the technique. Hes playing smarter. You figure someone going into their junior year now showing that things on the field. I like the camp hes had so far. Hes still got to make some steps, but hes had a good camp.

On moving Benzschawel from tackle to guard as a redshirt freshman, and if it was a better fit for him long-term: I do think it was. It was a better fit for us at the time, and sometimes youre in a spot and youre trying to get it balanced and figured out, and sometimes it just starts playing mind games with you. So Jacob Maxwell did a great job on jumping in and filling that role, and we moved Beau over and he kind of found a home. You saw a different player, a different confidence, and Ive liked that about him. But the thing I love is hes taking steps, hes getting better. Sos Micah, sos Jon Dietzen. Were going to need all of those guys.

Any surprises in the first week, and what needs to still get done in the next two/three weeks? I dont know if anythings surprised me to this point. I would say what needs to get done would be just solidifying the depth. Kind of some of the things you were alluded to, who will be the back-up center? Whos going to win that job? How are we going to adjust if we need to? The third tackle, the third guard. We know we got three guards that have played extensively. I feel confident with those guys that well find two game in and game out thatll find fight to get it done. I think thats the fun part of camp, so we got that ahead.

On redshirt sophomore tight end Kyle Penniston and if he should be better this year than last year and in what ways: I hope so, because hes done a good job. Penny can play. My big thing for him is he doesnt have to surprise us anymore. I believe he can do it every play regardless of assignment. He doesnt have to worry about a pass or a run, I think hes a heck of a football player. His growth has to be from no more surprising us if we can just lean on him and count him to get it done every time. And he can do it, so Im excited for him.

On Penniston becoming a two-way tight end (both pass catcher and blocker): Hes got to be both. I think thats the best part of playing tight end. You got to be both. He has the potential to be there, and I believe hell be there by the end of camp. Hes still got to keep taking some steps.

Happy with the scholarship numbers on the offensive line? Lacking anywhere? I think we have a good group that were working with in the two-deep. Overall, youre always trying to balance things out but I think this group of guys in the two-deepthere are three redshirt freshmen in therebut I still think its the most solid two-deep that weve had, so I feel good about that.

On going up against the defense and how it improves the offense: I think our D does an amazing job coaching-wise, player-wise, the experience they have, the detail they bring to their play, I think it really makes you play with an awareness. You cant relax for one second, whether its seeing something before the snap, being able to adjust, make calls. They really help, I think, expand the knowledge base of your o-line, and thats a good thing for us. So its always a challenge. Its fun.

What have you liked about what Alex Hornibrook has done over the past couple of practices? I think for Alex, like, the install, what weve done is because we havent had a lot of padded practices weve really had a lot of volume in the install. And so as he is able to allow that to kind of settle in, I think its pretty great. I can imagine what is on him now compared to what weve tried to do in the past. And then I expect him just to keep playing faster and faster, but his confidence in the huddle, his understanding, his leadership, his command of things, I couldnt be more excited about what I see there.

Have you found your best five guys on the offensive line? I like this five. I think what we talked about is really working hard to try to find, try to make sure we have things in place for how we back those up. Guys have a chancelike theres a back-up center position that Id love someone to step in and just own. Id love to not have to move back Michael from left tackle back to center. Theres a chance like, theres a competition at guard. I have three guards with a lot of experience that are all playing and wanting to see that competition develop. I want to see one of the young tackles fight, to push, to create that competition. Right now, these five have been the best, and thats why its been represented that way, but youll see a little bit more rotation this week.

About David Moorman and Cole Van Lanens progression: I like it. I think theres threeI think theres [Patrick] Kasl, I think theres Moorman, and I think theres Van Lanen. Right now, Ive really been using more Moorman as kind of the swing [tackle] and the other two keeping them in place so they can keep developing.

I think Cole has taken a step fromI thought the spring game was his best practice of the spring. I think hes continued to take steps from there, barring I haven't seen todays practice, but what I saw I thought was better. Patrick, the same, hes getting back to his form. David is competing, so I think we got to find who that third guy is and feel confident with him, and I think it hasnt been answered quite yet.

Excerpt from:

Joe Rudolph talks Wisconsin offense's progress in camp - Bucky's 5th Quarter

Paulie Malignaggi: Conor McGregor is ‘arrogant to the point where he can’t progress’ – MMA Fighting

Paulie Malignaggi reiterated his claims that Conor McGregor did not knock him down, but rather was pushed down, in an appearance on Fox 5s Sports Xtra (h/t Octagon Entertainment) that was broadcast on Sunday night.

The former two-weight world champion left the McGregor camp last week after photos emerged online of a sparring session he had McGregor, with one photograph suggesting that the Irishman knocked Malignaggi, the far more experienced boxer, to the canvas.

Appearing on the show alongside anchor Duke Castiglione, Malignaggi spoke about the incidents that led to him departing the camp, McGregors poor treatment of his sparring partners and how the UFC star, despite being a fighter, will find it very hard to make up the technical gulf between him and Floyd Mayweather.

He specifically claimed that McGregors arrogance will not allow him to progress as a boxer.

My problem with Conor is his arrogance, said Malignaggi.

His arrogance is to the point where he cant progress. He cant learn. He just wants a bunch of yes men around him.

He doesnt want to be told that hes doing something wrong. He doesnt want to be told that he needs to make progress, so that he needs to change certain things.

Whatever hes doing, he just wants to be told how great hes doing.

Read more:

Paulie Malignaggi: Conor McGregor is 'arrogant to the point where he can't progress' - MMA Fighting

Detroit’s Primary Is a Referendum on Progress Since Bankruptcy – Wall Street Journal (subscription)


Wall Street Journal (subscription)
Detroit's Primary Is a Referendum on Progress Since Bankruptcy
Wall Street Journal (subscription)
Detroit is gearing up for a nonpartisan mayoral primary Tuesday that will signal whether the progress the city made under Mayor Mike Duggan is enough to propel him to a second term in November. Since filing the country's largest municipal bankruptcy in ...

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Detroit's Primary Is a Referendum on Progress Since Bankruptcy - Wall Street Journal (subscription)