The Academy of Market Intelligence (AMI)™

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Welcome to the most important concept of the 21st Century.

Making a Point

Dr. Thomas Fletcher Grooms, Father of Market Intelligence, discovered the term market intelligence and wrote the first peer reviewed study in the world on market Intelligence giving it life as its own distinguished concept.

Mission is to advance new ideas and promote enduring knowledge in a scholarly forum for the business, government and academic community in which outstanding thinkers and scholars are encouraged to continuous learning in a worldwide sharing of scholarly analyses on the understanding and value of market intelligence.

Purpose of providing research and pragmatic solutions is to enable organizations to better manage the quality of intelligence. Grooms contribution to Market Intelligence includes the Market Intelligence Model, Double Helix of Market Intelligence, and the application of the Market Intelligence Principle. Market Intelligence is the leading concept, focusing on performance improvement, operational excellence, and quality of intelligence.

* Markets and Praxeology

* Analytics¹º and Futurology¹¹¹

* Business Science

Official Definition of Market Intelligence™

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The Official Definition of Market Intelligence

Market Intelligence (MKI) is gathered through internal analysis, competition analysis, and market analysis about the total environment forming a broad spectrum of assembled knowledge, which is then used for developing scenarios so that timely reporting of vital foreknowledge for future planning in the areas of strategic, tactical, and counter-intelligence decision-making can be applied operationally and strategically in respect to the whole organization’s strategic interest for the whole market. (Grooms, 1998)

The structure of the Model of Market Intelligence is a double helix that can usurp to make copies of itself in other dimensions and realities to reveal an ever infinity of knowledge and forecasts. The Market Intelligence Model provides a missing linage present in organizations at the highest levels. The model gives reassurance to help ensure a broad scope of checks and balances protecting the CEO, senior executives, and government senior officials as well as the organization, its value and performance. Market Intelligence is what makes intelligence, intelligence. (Grooms, 1998)

Dissertaton

 

 

 

 

 

 

 

 

Intelligence Terminology

The Official Definition of Market Intelligence (MKI), Intelligence (I), Political Intelligence (POLI), Military Intelligence (MI), Business Intelligence (BI), Knowledge Management Systems (KMS), Marketing Research (MKTR), Marketing Information Systems (MKTIS), Competitive Intelligence (CI), Competitor Intelligence (CRI), Marketing Intelligence (MKTI), Strategic Intelligence (SI), Tactical Intelligence (TI), Counter-intelligence (CTI), Real-time Intelligence (RTI), and Whisper Intelligence (WI) click on the blue to learn from the first peer reviewed study in the world on market intelligence.

AMI Journal™

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A Chronometry from Around the World on the State of the World

Digital Keyhole

June 2016

New Political Movements Emerging in Europe UK contributor Peter N C Cooke, Emeritus Professor University of Buckingham…

 

 

A Letter to My Grandson

Syria, Refugees & Immigrants; Some Unintended Consequences

An Asymmetrical Global War

United Kingdom Economy…Defence…Energy…Politics

Peace in Our Time – It’s not that Simple

Multinational Marketing Intelligence An Information Requirements Model Israel contributor Dr Eugene D Jaffe, Emeritus Professor Bar-Ilan University Graduate School of Business, Wharton Ph.D., B.S. (Econ) and M.B.A. (IB) New York University, Conference Chairperson for the 24th Annual European International Business Academy.

Market Entry Options USA contributors Dr James D Goodnow, Indiana Ph.D. and M.B.A. (IB), Emeritus Professor Bradley University and Dr Jason Hegland, Emeritus Professor Stanford University, JIBS Decade Award Article.

Overseas Market Entry Strategies USA contributors Dr James D Goodnow, Indiana Ph.D. and M.B.A. (IB), Emeritus Professor Bradley University and Dr James E Hansz, Professor Columbia University, JIBS Decade Award Article.

To Quote™

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Like my cousin said, “You may all go to Hell in Tennessee because you do what you do because you can and I will go to Texas”. – Davy CrockettClubroom

June 2016

“Unaware of being unaware is thinking only of others thoughts.” – Thomas Fletcher Grooms

Health Habits for Longevity™

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Secret of Longevity is the old basic ways of life in the daily business of living. A feeling of timeless congeniality. Insights into the mysteries of longevity help us all live in a better world. – Thomas Fletcher Grooms

Walk in the Park

 

June 2016

 

The D in Longevity USA contributor Dr Jacqueline Grooms, D.C. – owner of Nutri4m and Executive Director at HealthLink Initiative.

Longevity Takes a Stand

Exercise for Longevity

The Four Factors of Longevity

Retirement Hammock™

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Retirement is the occupation of taking care of one’s health and travel. It is the best time of life for living. 

pic Hammock Sunset

 

June 2016

The Biggest Mistake You Make When You Retire

 

Because of the Family Business We Live Better

Retirement Inside the Family Business

pic Couple Walking on Beach

Foretell Economics™

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Coverage of Economic Policy, Finance, Banking, and Monetary Policy

Economics

 

June 2016

Right War … Right Protest … Right Peace USA contributor Neil Krieger, Senior Economist.

The Greatest and Most Successful Experiment in Government USA contributor Neil Krieger, Senior Economist.

 

World Markets

United States

1963-1971 Recession Cycle

1971-continuing Depression Cycle

? Recovery Cycle

1947-1963 Last Prosperity Cycle

1942-1947 Last Recovery Cycle

1929-1942 Previous Depression Cycle

2010 March 23 Tuesday – 10:15a CST U.S. Socialist Country

330+ million U.S. Population – 3rd Most Populated Country

4.5% of the World’s People (330+ million)

25% of the World’s Incarcerated People (due to immigration)

50% of the World’s Trained Lawyers (due to protection needed from the government)

202 Lawyers in Congress (write laws to perpetuate their own livelihood in the legal system)

60% U.S. Economy Government (1963 20%)

40% U.S. Economy Business (1963 80%)

70% of Employees in Services with $45,760 Average Income

16% of Employees in Government with $100,000 Average Income

10% of Employees in Manufacturing with $51,000 Average Income

4% of Employees in Agriculture with $48,000 Average Income

-1% GDP Growth Rate

71.9% GDP Fortune 500 Companies

21.1% GDP Medium Business

7% GDP Small Business

165 million in Labor Force

126 million Prime Work Age 25-55 in Labor Force

77.1 million Employed Full Time

46.98 million Employed Part Time

Jobs 38,000 New Jobs Created for 205,000 New Working Age in Work Force and 180,000 New Unemployed

Jobs since December 2014, the U.S. has added just under 450,000 Waiters and Bartenders, and No Manufacturing Workers

-3.4% Federal Reserve Labor Market Conditions Index (LMCI)

62.7% (U-6) Unemployed of Labor Force – 103.5 million Out-of-Work

10% (U-6) Unemployment in 2009 to 62.7% (U-6) in 2016

37.3% (U-6) Employed of Labor Force – 61.5 million Working

5.0% Drop to 4.7% (U-3) Unemployed Drawing Unemployment Compensation of Labor Force

2016 Firings of Employees

1) National Oilwell Varco: 17,850

2) Wal-Mart: 16,000

3) Schlumberger: 12,500

4) Intel: 12,000

5) Halliburton: 10,200

6) Dell: 10,000

7) Bank of America: 8,000

8) Chevron: 7,500

9) Buffets: 6,000

10) DuPont: 6,000

11) Weatherford International: 6,000

12) Shell: 2,200

13) Microsoft: 2,000

14) RBS Royal Bank of Scotland: 900

38% Rise in Prices since 2000

7%-75% Drop in Income since 2000

-12% Retail Sales

-13% Retail Sales in China

6.2% Drop in 2016 Business Investments

25% Drop in 2016 Earnings for Department Stores

14% Drop in 2016 Earnings for Super Centers at Wal-Mart / Costco / Target

13.7% Drop in 2016 Earnings for Computers and Electronics

9.5% Drop in 2016 Earnings for Apparel

6.7% Drop in S&P 500 Companies Profits in 2016 – 4th Straight Quarter Decline of Falling Earnings

250,000+ Corporate Employee Layoffs in 2016

$952 billion in Consumer Credit Card Debt

$1+ trillion in Consumer Debt

$793 billion in Business Debt Increase in 2016 – Only $93 billion went back into economy

$250 billion Used to Cover Negative Cash Flow

250% of GDP Non-Business Debt

70% of GDP Business Debt

$1 Government Debt Increase Drops GDP 5%

62% Americans Own Homes

47% Americans Less than $400 in Savings

49% Americans Classified as Poor based on income tax filings

100% Seniors on Social Security Living Below Poverty Rate of $35,000 per Year (If Adjusted … Tax-Exempt $48,000-$60,000)

95% Seniors have Only Social Security for Retirement – 1% Rich and 4% Well-off

 

 

World

All nations’ economies today are run on credit and not cash.

$250 trillion Global Debt

23% U.S. Percent of World Economy

 

United Kingdom

Jobs 120,000 Loss in Oil & Gas Industry

 

Europe

-2% GDP Growth Rate

Europe 9.9% Unemployment

France 10.2% Unemployment

Italy 11.7% Unemployment

Spain 20.7% Unemployment

Greece 24.2% Unemployment

Germany 4.2% Unemployment

 

Russia

25% Unemployment

 

China

$28 trillion National Debt

282% of GDP National Debt

40% Economy Government

60% Economy Business

20% or 64 million apartment homes in China stand empty

 

2016 Forecasts

Texas Economy 2016 US 2016 contributor Dr Mine Yücel, Senior Vice President and Director of Research at Federal Reserve Bank of Dallas.

US Economy and Outlook 2016 US 2016 contributor Robert A. Dye, Senior Vice President and Chief Economist at Comerica Bank.

Economic Outlook for 2016 Canada 2016 contributor Stefane Marion, Chief Economist and Strategist, Managing Director at National Bank, ranked among the Top 20 Forecaster’s in the world.

Year-End Situation 2015 and Outlook for 2016 USA 2016 contributor Dr Thomas Kevin Swift, Chief Economist & Managing Director of Economics & Statistics Department, American Chemistry Council, Washington DC.

Data Year-End Situation 2015 and Outlook for 2016 USA 2016 contributor Dr Thomas Kevin Swift, Chief Economist & Managing Director of Economics & Statistics Department, American Chemistry Council, Washington DC.

Special Awards and Recognition Presented to Dr. Grooms

DABE (Dallas Association of Business Economists) 3 Awards for 2015 Economic Forecasts

2010 (1 Award), 2011 (1 Award), 2012 (1 Award), 2013 (2 Awards), 2014 (Officer), 2015 (3 Awards) for Economic Forecasts received from DABE (Dallas Association for Business Economics)

Energy Puzzle™

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GeoPolitical Political Conflict of Energy Worldwide

pic Texas Offshore Oil Rig

 

June 2016

Governments Hate Their Currency and Love Gold

That Did Not Happen

Supply Problem 2020

Cold Fusion

Cold Fusion

 

Climate Change (aka Global Warming) … A Government Initiative

Climate Change…A Question 

Global Warming or Global Cooling 

NASA and the National Oceanic and Atmospheric Administration [NOAA] in January declares that 2015 was the hottest year on record. When comparing temperatures, it would seem instructive to include a lengthy timeline. That is not what happened when NASA and NOAA reported to the public with their announcement in their ‘hottest year ever’ press briefing that they have a 58-year-long radiosonde temperature record. However, it only shows the last 37 years of the graph. They left out data that tell a somewhat different story.

Why would NOAA do such a thing? Because the fuller story contradicts the man-made global warming narrative. The government was hiding the rest of the data, which showed as much pre-1979 cooling as the post-1979 warming. (Real Science)

Oct. 30, 2015 NASA Study: Mass Gains of Antarctic Ice Sheet Greater than Losses

NASA Study

 

The rates of mass changes from ICESat 2003-2008 over Antarctica. Sums are for all of Antarctica: East Antarctica (EA, 2-17); interior West Antarctica (WA2, 1, 18, 19, and 23); coastal West Antarctica (WA1, 20-21); and the Antarctic Peninsula (24-27). A gigaton (Gt) corresponds to a billion metric tons, or 1.1 billion U.S. tons. Credit: Jay Zwally/ Journal of Glaciology.

 

A new NASA study says that an increase in Antarctic snow accumulation that began 10,000 years ago is currently adding enough ice to the continent to outweigh the increased losses from its thinning glaciers.

The research challenges the conclusions of other studies, including the Intergovernmental Panel on Climate Change’s (IPCC) 2013 report, which says that Antarctica is overall losing land ice.

According to the new analysis of satellite data, the Antarctic ice sheet showed a net gain of 112 billion tons of ice a year from 1992 to 2001. That net gain slowed to 82 billion tons of ice per year between 2003 and 2008.

“We are essentially in agreement with other studies that show an increase in ice discharge in the Antarctic Peninsula and the Thwaites and Pine Island region of West Antarctica,” said Jay Zwally, a glaciologist with NASA Goddard Space Flight Center in Greenbelt, Maryland, and lead author of the study, which was published on Oct. 30 in the Journal of Glaciology.

“Our main disagreement is for East Antarctica and the interior of West Antarctica – there, we see an ice gain that exceeds the losses in the other areas.” Zwally added that his team “measured small height changes over large areas, as well as the large changes observed over smaller areas.”

Scientists calculate how much the ice sheet is growing or shrinking from the changes in surface height that are measured by the satellite altimeters. In locations where the amount of new snowfall accumulating on an ice sheet is not equal to the ice flow downward and outward to the ocean, the surface height changes and the ice-sheet mass grows or shrinks.

But it might only take a few decades for Antarctica’s growth to reverse, according to Zwally. “If the losses of the Antarctic Peninsula and parts of West Antarctica continue to increase at the same rate they have been increasing for the last two decades, the losses will catch up with the long-term gain in East Antarctica in 20 or 30 years — I do not think there will be enough snowfall increase to offset these losses.”

The study analyzed changes in the surface height of the Antarctic ice sheet measured by radar altimeters on two European Space Agency European Remote Sensing (ERS) satellites, spanning from 1992 to 2001, and by the laser altimeter on NASA’s Ice, Cloud, and land Elevation Satellite (ICESat) from 2003 to 2008.

Zwally said that while other scientists have assumed that the gains in elevation seen in East Antarctica are due to recent increases in snow accumulation, his team used meteorological data beginning in 1979 to show that the snowfall in East Antarctica actually decreased by 11 billion tons per year during both the ERS and ICESat periods. They also used information on snow accumulation for tens of thousands of years, derived by other scientists from ice cores, to conclude that East Antarctica has been thickening for a very long time.

“At the end of the last Ice Age, the air became warmer and carried more moisture across the continent, doubling the amount of snow dropped on the ice sheet,” Zwally said.

The extra snowfall that began 10,000 years ago has been slowly accumulating on the ice sheet and compacting into solid ice over millennia, thickening the ice in East Antarctica and the interior of West Antarctica by an average of 0.7 inches (1.7 centimeters) per year. This small thickening, sustained over thousands of years and spread over the vast expanse of these sectors of Antarctica, corresponds to a very large gain of ice – enough to outweigh the losses from fast-flowing glaciers in other parts of the continent and reduce global sea level rise.

Zwally’s team calculated that the mass gain from the thickening of East Antarctica remained steady from 1992 to 2008 at 200 billion tons per year, while the ice losses from the coastal regions of West Antarctica and the Antarctic Peninsula increased by 65 billion tons per year.

“The good news is that Antarctica is not currently contributing to sea level rise, but is taking 0.23 millimeters per year away,” Zwally said. “But this is also bad news. If the 0.27 millimeters per year of sea level rise attributed to Antarctica in the IPCC report is not really coming from Antarctica, there must be some other contribution to sea level rise that is not accounted for.”

“The new study highlights the difficulties of measuring the small changes in ice height happening in East Antarctica,” said Ben Smith, a glaciologist with the University of Washington in Seattle who was not involved in Zwally’s study.

“Doing altimetry accurately for very large areas is extraordinarily difficult, and there are measurements of snow accumulation that need to be done independently to understand what is happening in these places,” Smith said.

To help accurately measure changes in Antarctica, NASA is developing the successor to the ICESat mission, ICESat-2, which is scheduled to launch in 2018. “ICESat-2 will measure changes in the ice sheet within the thickness of a No. 2 pencil,” said Tom Neumann, a glaciologist at Goddard and deputy project scientist for ICESat-2. “It will contribute to solving the problem of Antarctica’s mass balance by providing a long-term record of elevation changes.”

What it means – Sun spots are the reason for climate change (aka global warming) and government cannot do anything about it except create a new government agency and a new tax on its people to help cover government deficit spending.

World Calling™

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World Calling™

World Watch

 

May 2016

 

 

 

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Russia Calling™

pic Russia Map

 

 

 

 

 

“The heart of a Russian is the heart of a Poet.” – Thomas Fletcher Grooms

Doing Business in Russia

 

 

China Calling™

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Iran Calling™

pic Iran Map

 

 

 

 

 

 

Doing Business in Iran

 

Middle East Calling™

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Doing Business in Middle East

 

Asia Calling™

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ASEAN Economic Community (AEC)

 

Europe Calling™

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Doing Business in Europe

 

United States Calling™

pic US & Canada

 

pic US Map

 

 

 

 

 

 

 

 

 

 

 

“The heart of an American is the heart of Liberty.” – Thomas Fletcher Grooms

Doing Business in United States

 

Latin America Calling™

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Doing Business in Latin America

 

Africa Calling™

pic Africa Map

 

 

 

 

 

 

 

 

 

 

Enigma Report™

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June 2016  

“Whatever you think, whatever you believe,
whatever your opinion, whatever you disagree, it pays to consider to be prepared.”
– Thomas Fletcher Grooms

A STUDY IN CONTRADICTIONS 

Man Playing Chess Game

 

 

 

 

 

Retirement for Seniors in the United States

The Social Security Act in 1935 created a Non-Taxable income for Senior Americans that worked and contributed into their retirement program. This is the only retirement income for 95% of Seniors. The solvency of the Social Security Trust Fund was secure until 1963.

Social Security was designed to be the only government retirement program for Americans. Not government State retirement program. Not government County retirement program. Not government City retirement program. Not government Federal exception for Congress retirement program. Not government Federal exception for Senate retirement program. Not government Federal exception for Supreme Court retirement program. Not government Federal exception for President retirement program.

The poverty rate set by Washington in 2014 of $35,000 per year means $20 per hour for a livable wage. Social Security pays at age 70 $36,000 per year. Yet, Social Security should be paying at least $60,000 per year to each Senior. This rate would be made available also for all Americans including those that served in Congress, Senate, President, Supreme Court, State, County, and City government or governments.

Thirty-six percent (36%) of American workers age 55 to 64 say they have less than $25,000 in retirement savings. Ninety-five percent (95%) of households are at risk of not having enough savings to maintain their standard of living after retirement. Sixty-six percent (66%) of Americans say their top financial concern is not having enough money for retirement. Seventy-five percent (75%) of Americans are living paycheck to paycheck with essentially no savings. With sixty-two percent unemployment (62.4%) thirty-seven percent (37.4%) of the Labor force employment rate is falling further behind every year. Forty-nine percent (49%) the American population are receiving benefits of a monthly check from at least one government program each month. Fifty percent (50%) of all children born in America today will be on food stamps at some point in their lifetime. Fifty-two percent (52%) of Working Americans receive a paycheck making less than $30,000 per year income while the official poverty rate $35,000 per year income is minimum for subsistence. (BLS – Bureau of Labor Statistics, CBO – Congressional Budget Office, Census Bureau, Employee Benefit Research Institute, Gallup Poll, Bankrate)

What it means – Governments are extraordinary incomes for men and women who have ever held a public office.

 

Teachers and Adjunct Professors Salary

U.S. Adjunct Professors to Unionize … The Service Employees International Union (SEIU) is driving union votes at campuses across the nation and converting the roughly 750,000 Adjunct Professors union members. And rightly so.

Schools that hire Substitute Teachers and colleges and universities that hire Adjunct Professors are cheats. The practice is unethical. It cost $250,000 to $500,000 for a Ph.D. degree. The colleges and universities demand it for employment to make them look good for an accreditation agency evaluation and ranking.

What it means Adjunct Professors should stop teaching part-time across the U.S. for low salaries.

It is a dead-end job working for Ingrates. Teaching is the lowest paid profession in the U.S. and Administrators are among the highest paid jobs in the U.S.

If you thought college was expensive before, just wait until this trend takes hold – and it should. Currently adjuncts are paid an average of $10,000 per year in community colleges and $18,000 per year in colleges and universities. Adjunct Professors are paid $2,000 per undergraduate course to $5,000 per graduate course for an average of $2,700 per class and teach between four and five classes per semester at several schools. At 10 classes a year on average, they earn a mere $27,000. This seems a bit light when compared to the full-time Professor pay of $116,000 at public universities and $148,000 at private universities. While Administrators receive $150,000 – $500,000 salaries with full benefits and an expense account.

The low pay comes with no benefits or job security, so it is easy to see how these Adjunct Professors are being taken advantage. The SEIU wants $15,000 per class. That is not right when you weigh the economics. Fair pay in the current condition should be closer to $15,000 per undergraduate course to $40,000 per graduate course.

University officials are crying foul or poor mouth, pointing out that higher costs will trickle down to tuition, making college even less affordable. What do they think their $150,000 to $1,000,000 yearly Administrators salaries with full benefits cost the students in tuition? Besides, what has a student ever learned from an Administrator?

Teachers and Professors jobs are to teach, not research. That is what research institutions are for, as these are two different professions and purposes. It is not their job to make mandatory reports and create mandatory paperwork other than grading and evaluations of students work; it is to teach. That is what teaching is all about, the learning experience of the students. Thank God for dedicated Teachers.

It is not about attending mandatory meetings in their off time; their time should be dedicated to the classroom and nowhere else. Show me the country with the best education and I will show the country that will be leading the world. Teaching should be a profession, again.

Politicization of the classroom for social programming of dumbing down should be removed from the classroom by removal of the U.S. Department of Education, which has caused half the problems in the classroom with credit for the other half awarded to Administrators.  Accreditation agencies are political, expensive and serve no value to learning. They are an unnecessary expense, waste of time, and burden as well as a distraction to learning. Job creation is a good thing, but when it interferes with purpose; it should be removed, completely.

An Administrators job is to first be a checks-n-balances on finances, second marketing of the college, and third recruitment of students; that is not the job of teachers. A Teacher’s job is to teach without interference or undue mandatory tasks of student recruitment, and mandatory community service.  Teaching is of itself a full-time profession.

Political Appointment … Often Administrators are political appointments to Presidents of colleges and select teaching posts as are government retirees.  They know nothing about teaching and what the students typically learn is indoctrination; indoctrination of a political philosophy and bias. They are not Teachers or Professors any more than a Teacher or Professor expecting a post upon retirement as the President of a Fortune 500 Company. No wonder the learning continues in a downward spiral like an Ouroboros.

The SEIU claims there are other costs that can be cut without making students bear the burden. Wonder if the SEIU noticed that universities long ago found a cost they could cut – professor pay, by hiring Adjunct Professors. Let Teachers and Adjunct Professors make a decent living.

The Lesson is that Teachers and Professors should be the highest paid men and women in education, not the lowest. Schools and colleges have created an unethical system of part-time Teachers and Adjunct Professors for years to supplement their $150,000 – $500,000 – $1,000,000 salaries. (Dent Research, IRI Research)

Substitute Teachers and Adjunct Professors cannot afford to teach without being paid a decent standard of living and full salary suitable for the profession. They have made the investment in years of formal education and investment costs. By supporting part-time teaching they penalize all Substitute Teachers and Adjunct Professors and disgrace the profession.

What it really means – Teachers are the first defense of a country, in war time and peace time, as well as the future of a country. 

 

Chess One Down

An American Creed™

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Immigrants and Migrants Obligations to be an AMERICAN

‘In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else, for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person’s becoming in every facet an American, and nothing but an American. There can be no divided allegiance here. Any man who says he is an American, but something else also, is not an American at all. We have room for but one flag, the American flag. We have room for but one language here, and that is the English language. And we have room for but one sole loyalty and that is a loyalty to the American people.’ (Theodore Roosevelt 1907)

Dean Alfange

Dean Alfange

“I do not choose to be a common man.

It is my right to be uncommon if I can.

I seek opportunity not security.

I do not wish to be a kept citizen, humbled and dulled by having the state look after me.

I want to take the calculated risk; to dream and to build, to fail and to succeed.

I refuse to barter incentive for a dole. I prefer the challenges of life to the guaranteed existence; the thrill of fulfillment to the stale calm of utopia.

I will not trade freedom for beneficence nor my dignity for a handout.

I will never cower before any master nor bend to any threat.

It is my heritage to stand erect, proud and unafraid; to think and act for myself, enjoy the benefit of my creations, and to face the world boldly and say, this I have done.

All this is what it means to be an American.”

 

“Inflation”, Bernard Baruch wrote, “flows from the selfish struggle for special advantage among pressure groups. Each seeks tax cuts or price increases or wage raises for itself while urging the others to make the sacrifice, and with little regard for the national interest.”

“The man on the street…” declared Leonard Paul Spacek, “… has the right to assume that he can accept as accurate the fundamental end results shown by the financial statements in annual reports.”

“There must be no sharing of nuclear technology with allies…” advocated General Leslie R. Groves, “…even within the U.S. government; he zealously embargoed information from most agencies and departments, including the White House itself.”