You Can Do It!

May 8th, 2014 – 2 Comments

  Correspondence with a John an AM640 listener Mornin’ Lou, Great day to talk robots. I know you are a big fan of robotics. Heck, I am too. Can’t wait to replace the old lady…he he.. On a more sombre note, robots are here and on the way to eliminating blue collar work in this […]


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Lou Schizas is an equities analyst, investor, entrepreneur, professor and television and radio personality – and a true believer in the happiness-inspiring powers of capitalism.


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Rosie the riveter

Correspondence with a John an AM640 listener

Mornin’ Lou,
Great day to talk robots. I know you are a big fan of robotics. Heck, I am too. Can’t wait to replace the old lady…he he..
On a more sombre note, robots are here and on the way to eliminating blue collar work in this country. So be it, can’t stop progress. It hurts though Lou!
My question to you is twofold: Firstly, will you be able to afford through government assistance us 40-something, unemployed, undereducated, skilled blue collar guys with no marketable skills? Secondly, you do realize that robots don’t pay taxes right? So with that fact in mind will you able to help out our governments with their shortfall? I’m sure you’ve considered the scenario. Any insights to share?
By the way: “ATS Automation of Cambridge, Ont., has a strong presence in automated manufacturing, but numerous companies in Japan and other countries have been investing heavily in this area for decades”.
Cripes Lou! we aren’t even going to make the damn robots?

 

 

Hey John,

ApocalyptoI never got it that it was my or your responsibility to help our government with their shortfall – generally governments are pyramids of extortion – taking from the many to give to the few – the sooner they get out of my pocket – the better!

 

 

 

 

Blue Collar

As for the 40 something blue collar worker with no marketable skills – how did I get the responsibility to do anything for them? Did they do everything in their power to manage their affairs properly? Were they prepared for the changes that were coming into their industry? DId they invest in keeping their human capital up to snuff so they could maintain their cash flow? Did they make informed choices with the money they earned while drawing income as a blue collar worker?

 

 

 

Blue Collar2

I believe we have to leave the never ending cycle of the victim state of mind that governments feast on and move into a state of self directed – self motivated – self actualizing reality. At an early age I realized that I was born into economic slavery – no matter how much my parents loved me they couldn’t provide me with the resources to sustain me for a lifetime – that realization continues to drive me every single day. Luckily I live in the greatest country in the world and under a system that allows me to take what little skill I have as far as I possibly can.

The biggest obstacle to our country living up to its promise for all citizens is the constant search for government to solve problems. It is the least effective and least efficient way of achieving any objective.

Make it a profitable day and happy capitalism!

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