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Dump Term 2, 1.01: Sleep Now in the Fire


Owning the babies:

 
Was also reading that the Trump admin is looking to plow forward with a proposal first worked up under Biden's admin. Any Chinese made freight vessel that docks at a US port would be hit with a one million dollar fine, if it's a Chinese owned freight company using it, $1.5mil for non China owned companies using China made vessels.

I really don't understand this from a Biden perspective. What is the possible benefit here that I'm completely missing? We don't make cargo vessels in the US. We haven't for a very, very long time. That's mainly Japan, Korea, China, and Europe.
 
I really don't understand this from a Biden perspective. What is the possible benefit here that I'm completely missing? We don't make cargo vessels in the US. We haven't for a very, very long time. That's mainly Japan, Korea, China, and Europe.
Reading more into it, (yay! ADHD and procrastination from work duties) this stems from a Biden era report in 2024 that identified China utilizing their unfair cut throat business model at taking a loss on production of ships and shipping containers to gain dominance in the market.


More Googling lead to the fine amounts being whipped up by the Trump administrations look at this study.


Would a Harris admin done anything with this data? Unknown, but it seems like the Trump admin thinks they can force on-shoring of boat manufacturing. I'd like to think this was a trap left by Biden, but its more likely just due diligence on the Biden team, and over exuberance by the Trump team.
 
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Michigan ends all Dei

Paraphrasing what Secretary Buttigieg said, the opposite of diversity is uniformity, the opposite of equity is inequity, and the opposite of inclusion is exclusion.

In short, the republicans want extra large vanilla milkshakes for themselves, mini vanilla milkshakes for everybody else. And if you’re lactose intolerant, you’re damned because they’ll shovel those shakes down your plain cheesecake holes.
 
University of Minnesota had their first international student detained by ice

I do not have much faith the university’s response
The U sent this out to parents. Awe inspiring:

Gopher Families-

The following message was sent today to all students, staff and faculty across the University of Minnesota system.

We want to ensure that you are aware of additional resources for students regarding immigration support.

 

 
Reading more into it, (yay! ADHD and procrastination from work duties) this stems from a Biden era report in 2024 that identified China utilizing their unfair cut throat business model at taking a loss on production of ships and shipping containers to gain dominance in the market.


More Googling lead to the fine amounts being whipped up by the Trump administrations look at this study.


Would a Harris admin done anything with this data? Unknown, but it seems like the Trump admin thinks they can force on-shoring of boat manufacturing. I'd like to think this was a trap left by Biden, but its more likely just due diligence on the Biden team, and over exuberance by the Trump team.

Interesting. All of this makes sense that China is undercutting costs for containers and ships. But again, we don't make ships. What do we care? And if shipping containers are cheaper from China, again, so what? I don't think we're a major player in that business anyways and it probably doesn't impact much in terms of our total production value within the US.

and even if that's the case, you put a duty on unloading the Chinese containers. Dinging the ships is just bizarre to me.
 
The U sent this out to parents. Awe inspiring:

I mean. What else can the U do? They don't have the manpower to put squads in every area adjacent to campus. They could post them at the dorms, but like, if I'm ice, there's zero chance I go into the dorms and expect to kidnap someone without significant resistance.
 
Interesting. All of this makes sense that China is undercutting costs for containers and ships. But again, we don't make ships. What do we care? And if shipping containers are cheaper from China, again, so what? I don't think we're a major player in that business anyways and it probably doesn't impact much in terms of our total production value within the US.

and even if that's the case, you put a duty on unloading the Chinese containers. Dinging the ships is just bizarre to me.
Look at this from another angle. are monopoly markets good or bad for consumers?

Given what we know of Chinese products, they have the potential to make very high quality products, but they also make the crap that we saw from them in for a long while before they started making quality knockoffs, too. Now, if China has a monopoly on ship building, what are monopolists key traits? They cut quality and raise prices.
 
what are monopolists key traits? They cut quality and raise prices.
And capture their governmental oversight to evade regulation and impede entry into the market by competitors. Though you don't even need a monopoly for that, just a lobby.

"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices." -- Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations
 
I mean. What else can the U do? They don't have the manpower to put squads in every area adjacent to campus. They could post them at the dorms, but like, if I'm ice, there's zero chance I go into the dorms and expect to kidnap someone without significant resistance.
I don't think they can do more per se, rather I found the communication to be a bit lackluster.
 
Look at this from another angle. are monopoly markets good or bad for consumers?

Given what we know of Chinese products, they have the potential to make very high quality products, but they also make the crap that we saw from them in for a long while before they started making quality knockoffs, too. Now, if China has a monopoly on ship building, what are monopolists key traits? They cut quality and raise prices.
I work for a major maker of military and first responder radios.

One time I was discussing with a HW manager about the equivalent Chinese Baofeng first responder radios.

He said in the previous group he was in, they bought a bunch of them, tore them down, and reversed engineered them. Their conclusion was the Baofeng radios were very well made, with high quality parts, but can not possibly be making a profit for the prices they sell them at.
 
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