25.7.21

Looking for a Job near Summerton, S.C. in 2021-22

Jobs 2021/22: Historic Summerton is a small town in rural South Carolina that has become known as a wonderful place to vacation, raise a family, run a business - or retire to, when all is said and done. The deep spiritual commitment and sound family values of its people are reflected in the many churches and close-knit residential communities in Summerton and the surrounding area on the shores of beautiful Lake Marion.

 
Are you looking for a job in Summerton, S.C., or the surrounding area? Unemployment has now dropped below 5%, but there are still quite a few jobs available nearby in Manning, Santee, Sumter, Orangeburg, etc. Check out the following links:
* Students preparing to enter the job market might want to check out the S.C. Department of Education Career Guidance Resources.

Summerton and the surrounding Santee Cooper Lake Country are well known across the South for offering a wide range of outdoor recreational activities like camping, hunting, fishing, hiking, kayaking, boating, and golfing to its many visitors. So, make sure you visit the Summerton SC: Nature & Outdoor Recreation web site.


9.5.21

Overview of the 2021 Annual Threat Assessment of the US Intelligence Community

The following is a brief overview of the recently released report by the Office of the Director of National Intelligence (DNI) entitled “2021 Annual Threat Assessment of the U.S. Intelligence Community”. After reading the overview, you might want to download a copy of the report so you can study it more indepth.

Excerpts from the Foreward section of the report:

In the coming year, the United States (US) and its allies will face a diverse array of threats that are playing out amidst the global disruption resulting from the COVID-19 pandemic and against the backdrop of great power competition, the disruptive effects of ecological degradation and a changing climate, an increasing number of empowered non-state actors, and rapidly evolving technology.

The complexity of the threats, their intersections, and the potential for cascading events in an increasingly interconnected and mobile world create new challenges for the intelligence community (IC). Ecological and climate changes, for example, are connected to public health risks, humanitarian concerns, social and political instability, and geopolitical rivalry. The ‘2021 Annual Threat Assessment’ highlights some of those connections as it provides the IC’s baseline assessments of the most pressing threats to US national interests, while emphasizing the United States’ key adversaries and competitors.

It is not an exhaustive assessment of all global challenges and notably excludes assessments of US adversaries’ vulnerabilities.

  • China increasingly is a near-peer competitor, challenging the United States in multiple arenas—especially economically, militarily, and technologically — and is pushing to change global norms.

  • Russia is pushing back against Washington where it can globally — employing techniques up to and including the use of force.

  • Iran will remain a regional menace with broader malign influence activities, and

  • North Korea will be a disruptive player on the regional and world stages.

Major adversaries and competitors are enhancing and exercising their military, cyber, and other capabilities, raising the risks to US and allied forces, weakening our conventional deterrence, and worsening the longstanding threat from weapons of mass destruction.

The effects of the COVID-19 pandemic will continue to strain governments and societies, fueling humanitarian and economic crises, political unrest, and geopolitical competition as countries, such as China and Russia, seek advantage through such avenues as “vaccine diplomacy.” No country has been completely spared, and even when a vaccine is widely distributed globally, the economic and political aftershocks will be felt for years. Countries with high debts or that depend on oil exports, tourism, or remittances face particularly challenging recoveries, while others will turn inward or be distracted by other challenges.

Ecological degradation and a changing climate will continue to fuel disease outbreaks, threaten food and water security, and exacerbate political instability and humanitarian crises. Although much of the effect of a changing climate on US security will play out indirectly in a broader political and economic context, warmer weather can generate direct, immediate impacts—for example, through more intense storms, flooding, and permafrost melting.

This year we will see increasing potential for surges in migration to the US by Central American populations, which are reeling from the economic fallout of the COVID-19 pandemic and extreme weather, including multiple hurricanes in 2020 and several years of recurring droughts and storms — as well as the illicit drug trade and criminal gangs.

The scourge of illicit drugs and transnational organized crime will continue to take its toll on American lives, prosperity, and safety. Major narcotics trafficking groups have adapted to the pandemic’s challenges to maintain their deadly trade, as have other transnational criminal organizations.

Emerging and disruptive technologies, as well as the proliferation and permeation of technology in all aspects of our lives, pose unique challenges. For example, cyber capabilities are demonstrably intertwined with very real threats to our infrastructure and to the foreign malign influence threats against our democracy. ISIS, al-Qa‘ida, and Iran and its militant allies continue to plot terrorist attacks against US persons and interests overseas and in the US. Despite leadership losses, terrorist groups have shown great resiliency and are taking advantage of ungoverned areas in the world to rebuild.

Regional conflicts continue to fuel humanitarian crises, undermine stability, and threaten US persons and interests abroad. Some have direct implications for US security. For example, the fighting in Afghanistan, Iraq, and Syria has direct bearing on US military forces. Tensions between nuclear-armed India and Pakistan remain a concern for the world. Also, the iterative violence between Israel and Iran, the activity of foreign powers in Libya, and conflicts in other areas—including Africa, Asia, and the Middle East—have the potential to escalate or spread.




* For more detail, download and read the complete 2021 Annual Threat Assessment of the U.S. Intelligence Community

12.2.21

What Happens When the Bitcoin 'Bubble' Bursts?

This article provides a brief high-level management briefing about Bitcoin tokens versus Blockchain technology. It also addresses the rampant speculation by investors in Bitcoin, the ‘bubble’ this has been created, and the consequences when the bubble finally bursts. Unfortunately, the downside of the current media feeding frenzy around the Bitcoin cryptocurrency is the way it is obscuring the new, innovative blockchain technology underpinning it.

About Bitcoin and ‘Bubbles’

  • ‘Bubbles’ occur when speculation drives an asset’s price tremendously above any realistic value.

  • Most financial ‘bubbles’ are often tied to novel new technologies, that then start to grow and swell in value as a result of constant media coverage.

  • Speculative investors don’t seem to care about the many ‘red flags’ signaling a bubble.

  • Bitcoin’s massive hike in value ticks almost all the boxes on the ‘bubble’ checklist.

  • The final stage in a ‘bubble’ is the breakdown. Just as the price rose without any apparent reason, it will eventually fall. That’s when people start panic-selling as the bubble bursts.

Governments all over the world are working to find a regulatory framework for cryptocurrencies that are currently bypassing their existing financial infrastructure. When the Bitcoin ‘bubble’ finally bursts, governments will move much more forcefully to regulate cryptocurrencies and the needed supporting infrastructure.


  • Blockchains are a novel approach incorporating a number of technologies that allow new, innovative ways to more securely create, transmit and store records of a variety of data transaction – including financial transactions using cryptocurrency tokens.

  • Bitcoin – This term is generally used to refer to the cryptocurrency token used by the public Bitcoin blockchain network to exchange value when a financial transaction takes place.


Consequences of Bursting Bitcoin Bubble

What could happen when the Bitcoin ‘bubble’ crashes. How bad will it be? How will it play out? Like all manias, when it finally comes to an end, many people who didn’t get out in time are going to be wiped out financially.

  • Most of Bitcoin’s estimated $1+ trillion market value is held by a relatively small number of the super-rich, criminal organizations, speculators, and early adopters.

  • Primary impact - A few thousand very wealthy people will simply become less wealthy.

  • Companies and coin owners will suddenly stampede to convert Bitcoin to nation state-sponsored currencies, like dollars or pounds.

  • A lot of Bitcoin companies – exchanges, wallet companies, etc. – will go out of business.

  • Many people borrowing money and going in debt to fund their speculative investment will get hurt and go bankrupt.

  • A number of major cryptocurrency and Blockchain technology companies will eventually emerge from the wreckage.

  • When the bubble pops, you will finally see much needed government regulation of the ongoing future cryptocurrency industry.


Selected Articles on Bubbles

The following are several selected articles on Bitcoins and ‘bubbles’ that you might want to read:



The fact that ‘Bitcoin’ is in a speculative bubble right now doesn’t mean that some form of cryptocurrencies and blockchain technology cannot ultimately succeed – it will. Financial exchanges, government regulations, and new more trusted and more stable cryptocurrencies will eventually emerge. We’re starting to see this happen.

* Do some more research on your own. Check out Coinbase Exchange, Etherium, Facebook’s Libra/Diem, Ripple/XRP, Cryptocurrency Government Regulations...

8.2.21

Bad Management Behavior and Practices

This article provides a brief overview of ‘bad management’ behavior and practices. I generally write about ‘best management’ practices, but it has become apparent in these times that an article highlighting bad management practices is much needed. The results of toxic bad management practices can reach far and wide in an organization inflicting long range damage.

Bad Management Practices

The following is a list of selected ‘bad management’ practices and pulled from dozens of recent articles.

  • Bad managers tend to surround themselves with people that look, think, and act alike. They fail to build a diverse management team that offers a broad skill set and different perspectives.

  • Bad managers focus on punishing employees who don’t perform as expected. While that may produce short-term results, it generally inspires resentment and lack of trust over the long term.
  • Bad managers often fail to accept the responsibility or consequences of their decisions. They always tend to blame somebody else when things go wrong.
  • Bad managers only feign interest in employee feedback, and won't actually act on what he or she hears.
  • Bad managers work diligently on satisfying short term shareholder desires, even it this works to the long-term detriment of the organization and its survival.
  • Bad managers generally do not to recognize employees for their accomplishments, but tend to only criticize their shortcomings.
  • Bad managers tend to regard employees as simply cogs in a machine (‘human resources’) instead of as members of a team striving to achieve a common goal.
  • Bad managers generally refrain from showing compassion, but rather instill fear and tend to assign blame.
  • Bad managers tend to put up communication barriers in order to be less accessible to their subordinates.
  • Bad managers who are micromanagers often end up damaging relationships with their employees, sending the message that employees are not trusted to get the job done.
  • Bad managers often use bullying tactics when dealing with their subordinates - one of the most demotivating, demoralizing and debilitating of all bad management practices.
  • Bad managers do not really understand management and don’t seem to grasp the changing management behavior and practices that are replacing older methods from the last century.

* Read Management in the 21st Century

 

Articles on ‘Bad Management’ Practices and Behavior

The following are some selected articles about ‘bad management’ practices and behavior that you might want to check out:




It seems ridiculous that virtually all organizations knowingly employ people in key management positions that are simply ‘bad managers’. To highlight how silly this is, would you expect hospitals to employ ‘bad surgeons’ ? Of course not. So why would so many organizations hire and continue to employ ‘bad managers’ to run their organization? It makes no sense.