Monday, May 25, 2015

Happy Memorial Day - Bits and Pieces - Self-Driving Trucks Are Going to Hit Us Like a Human-Driven Truck. Here is the first paragraph from the article.

"Late last year, I took a road trip with my partner from our home in New Orleans, Louisiana to Orlando, Florida and as we drove by town after town, we got to talking about the potential effects self-driving vehicle technology would have not only on truckers themselves, but on all the local economies dependent on trucker salaries. Once one starts wondering about this kind of one-two punch to America’s gut, one sees the prospects aren’t pretty."

I know I have been talking about this technology for years; but, it is on our roads now and people don't want to believe it is here or that it will be prevalent over the next few years. Truck Drivers account for 3.5 million jobs with 5.7 million involved in the industry. It is the number one job in 29 states including California and New York. What happens when those jobs go away or are replaced by people making minimum wage?

Yahoo - Reuters - Global banks admit guilt in forex probe, fined nearly $6 billion. How is it that these banks continue to admit to stealing from us; but, nobody goes to jail?

Yahoo - AP - Oregon to test pay-per-mile idea as replacement for gas tax. This program starts July 1st of this year.

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