Boothe's
Global Perspectives
ENLIGHTENED JOURNALISM WITH INDEPENDENCE AND OBJECTIVITY
  • Business  

    Apple to Put $1 Billion Toward Encouraging U.S. Manfacturing

    Apple has more cash than most nations on Earth. From its $200+ BILLION in cash holdings, it is providing a gift to the future of jobs and economy of the United States. We find Apple's decision to be one of the most refreshing and uplifting things we have witnessed in big business in decades.

    Apple actually has come up with a positive solution for the future economy of the USA, and is funding it. If you didn't like Apple before, you should love Apple now. CEO Tim Cook announced plans to start a $1 billion fund to promote advanced manufacturing jobs in the U.S.A.  Cook had already released a press announcement when he told Mad Money host Jim Cramer of this extraordinary plan. We all know that many American companies have been less than loyal to the USA. We have repeatedly called for them to manufacture, produce, or invest more in the USA. But how refreshing to hear Tim Cook speak of Apple's perspective that "advanced, high-tech manufacturing" is essential for future growth and development in this bold new world of high technology.  

    Every American has felt the pain of seeing American workers lose jobs to foreign companies. The carrot has been cheaper labor and lower taxes. Cities of the old "rust belt"  such as Detroit, Cleveland,  St. Louis and Pittsburgh lost huge segments of their economies to foreign competition. But worse, jobs were lost to American companies who have moved manufacturing to other nations. Ben Boothe, Publisher of Global Perspectives, visited Pittsburgh and saw the historic sites where large steel companies, which had once hired thousands, had been dismantled. Later he visited Monterrey, Mexico, and while viewing the steel company there heard his guide say, "This plant was dismantled in Pittsburgh, we brought it here, rebuilt it, and are selling this steel back to the USA."  

    But Tim Cook and others believe that the USA can win this battle of economics by taking the lead in "advanced manufacturing" that will create efficiency and proprietary knowledge to make the USA again a world leader in production. We see similar leaders in other industries such as the movie industry. While the USA long enjoyed leadership in the big studio system, for pre-production, production and post production, high technology has made a new market, the "small screen" entertainment segment, a new technical and industrial segment. The USA has taken the lead in expanding the movie industry by the use of technology. In many new films, the income for internet online viewership can match the income from old traditional movie theaters. One result is that movies can be originated and distributed from cities such as Albuquerque, or Santa Fe, New Mexico. The economic potential for the future is staggering in that industry. Thus, technology has helped the USA create more film and movie jobs in more cities rather than concentrate them in a few giant hubs such as L.A..…

     

  • Apr 11, 2017 | Business  

    UNITED AIRLINES PASSENGER PHYSICALLY DRAGGED OFF AIRPLANE

    United Airlines wanted to provide seats on a flight for four of its employees from Chicago O'Hare to Kentucky, so they forced four people who had already paid for tickets and boarded the flight to get off of the plane. One of them said he was a doctor and needed to be on the flight so that he could treat patients in the morning...

     

  • Apr 7, 2017 | Business  

    KEY TO SUCCESS IN YOUR BUSINESS: COMMUNICATION!

    Teddy Roosevelt was a great communicator. I think of him often, as it has been my privilege to speak to groups throughout the USA and in several other nations. I have worked with Merrill Lynch and financial institutions from Wall Street to Texas. I have founded or was an officer or president of banks. I have worked with the World Bank, USIS and USIA...

     

  • Mar 24, 2017 | Business  

    Economic Implications of President Trump's Proposed Budget for America

    A national budget is a way of interpreting political direction and motives in an economic way. I have organized, founded and managed banks. Let me assure you that economists and bankers know that a clear way to get to know a customer, company, or nation that wants to borrow money is to learn to read the client's "budget" and financial projections like a book...

     

  • Mar 9, 2017 | Business  

    Terry Brunner and "Grow New Mexico" can help you get loans and grants for your project!

    "Big Sky Voices" recently interviewed Terry Brunner. Terry was the USDA Statewide Manager of the Rural Development Department. Terry told Ben Boothe and Victor Waumett that under his leadership, $1.2 billion has been inserted into the New Mexico's economy through grants, loans and a variety of funding sources. Hundreds of businesses exist in New Mexico because of his efforts...

     

  • Jan 19, 2017 | Business  

    Chart of Job Creation Under Obama, 2010-2016

    In January of 2009, Obama was stunned to see the depth of the recession he inherited. USA's workers lost 800,000 jobs in one month. This unprecedented free-fall, inherited from George W. Bush, suggested that without dynamic and quick leadership this nation was headed for the worst depression since the 1930s. Plus, the auto industry of Detroit was on its knees...

     

  • Jan 11, 2017 | Business  

    Shad Adair Shows How to Make Jobs, Better Economy and Personal Income in Movie Industry

    Insert click on You Tube Link here to watch: Shad Adair was a businessman and an adviser for the SBA's SCORE program when he looked into the movie business. "I learned that the movies make money for actors, writers, cameramen, production people and studios," he told us in a recent interview. So he went into the movies, and now he is looking at "five promising scripts...

     

  • Nov 17, 2016 | Business  

    Bank Corruption, Again This time J.P. Morgan/Chase, AGAIN

    J.P. MORGAN BANK CORRUPTION CASE IN CHINA AND USA It seems now proven, after three years of investigation, that J.P. Morgan showed favoritism in hiring children of important Chinese officials to open the doors for greater business in China. Again, corruption in the banking system in the largest banks seems endemic to the "big bank" industry...

     

  • Sep 21, 2016 | Business  

    Central Bank Digital Currencies: A Revolution in Banking?

    Central Bank Digital Currencies: A Revolution in Banking? By , | News Analysis, TRUTHOUT Reprinted with permission of Ellen Brown Several central banks, including the Bank of England, the People's Bank of China, the Bank of Canada and the Federal Reserve, are exploring the concept of issuing their own digital currencies, using the blockchain technology developed for Bitcoin...

     

  • Aug 19, 2016 | Business  

    5 WAYS TO CREATE NEW INDUSTRY AND JOBS IN AMERICA

    Millions of manufacturing jobs have left the USA in the last decade, hollowing out towns and cities throughout the USA. Don Trump says he will bring the jobs back by "putting a 30 percent tariff on goods made overseas when they enter the USA." Tariffs are not the answer, because they tend to cause international tariff wars that tend to slow trade and impair economic growth in multiple ways...

     

  • Jun 26, 2016 | Business  

    Economic Trends, Adjusted Income and Home Ownership in the USA

    NOTE FROM : We appreciated this article and thought our readers would value the research. Our credit and thanks to Rob Butcher for posting the charts on the internet. The first chart shows that the top segment of Americans have seen the fastest growth in income. The average income of the top tier in 2014 was over $330,000.00 per year, while the Middle Class was slightly over $50,000.00...

     

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