Robert Steven Ingebo


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Robert Steven Ingebo, is president of FRI Corporation

Most Recent Articles by Robert Steven Ingebo:

WHAT THE REPUBLICAN AND THE DEMOCRATIC PARTIES STAND FOR

Sep 17, 2017 — Robert Steven Ingebo

In order to understand the true nature of the two major political parties that are currently in power, we must examine their ideologies.

The economic cornerstone of the Democratic Party ideology is social justice. Social justice assigns rights and duties in the institutions of society. The relevant institutions include taxation, social insurance (Social Security, Medicare and Medicaid), public health, public school, public services, labor laws and regulation of markets to ensure equal wealth distribution and equal opportunity for everyone.


HOW THE BIG TECH FIRMS ARE THREATENING THE LIBERTY OF MANY AMERICANS—ENDNOTES REMOVED

Sep 14, 2017 — Robert Steven Ingebo

The Internet of Things (IoT) is the concept of connecting any device to the internet or to another device. Technology has advanced to the point that everything from cellphones, coffee makers, washing machines, headphones, lamps, wearable devices and almost anything else you can think of can be connected. This applies to industrial components as well, like the drill of an oil rig or a jet engine of an airplane.

These connections will increasingly include people, people to things and things to other things.

The logical outcome of this is: “Anything that can be connected, will be connected.” Gartner, an IT analyst firm says that by 2020 there will be over 26 billion connected devices.


THE LEAKING OF CLASSIFIED INFORMATION TO THE NATIONAL NEWS MEDIA

Sep 6, 2017 — Robert Steven Ingebo

The criminal leaking of classified information to the news media is continuing unabated.

In 05/2017, in his testimony before Congress, James Comey, former FBI Director, revealed that he asked a close friend to leak private memos he had kept recounting his interactions with Trump to the news media.

As of 07/27/2017, FBI General Counsel James A. Baker is allegedly under a criminal investigation for leaking classified national security information to the media by the Department of Justice, according to anonymous sources of multiple government officials close to the probe who spoke to Circa News.


WHY CHINA IS NOT GOING TO REIGN IN NORTH KOREA

Sep 5, 2017 — Robert Steven Ingebo

On 09/03/2017, North Korea said it conducted its largest nuclear test so far. In a televised statement, North Korea described the underground explosion a “perfect success in the test of a hydrogen bomb for an ICBM.” Pyongyang said “the creditability of the operation of the nuclear warhead is fully guaranteed.”

Kim Young-woo, a South Korean lawmaker who is chairman of the legislature’s defense committee, and who was briefed by his military, said that the latest nuclear test was estimated to have a yield of as high as 100 kilotons—about 10 times the power of the North’s previous test.

After a 90-minute emergency meeting of the National Security Council, South Korea’s national security adviser, Chung Eui-yong, said that Seoul would consider the possible deployment of what he described as the “most powerful strategic assets that the U.S. possesses”. The term “strategic assets” means the use of stealth bombers, aircraft carriers or possibly nuclear weapons.


THE EMERGING US STOCK MARKET BUBBLE

Aug 23, 2017 — Robert Steven Ingebo

For many years, corporate bonds have been a stable source of finance for many U.S. companies. Bonds are the central market mechanism used to create and expand businesses. This efficient, market-driven process, when unhindered by government intervention, produces the desired effect of economic growth.

Multinational corporations have been going into serious debt, raising substantial amounts of capital by selling corporate bonds to investment firms.  For example, as of 08/2017, Apple’s corporate bond debt was $5.5 billion. As of 06/2017, Microsoft’s debt was $86.2 billion. Amazon’s was $7.7 billion.


WHY THE U.S. GOVERNMENT WILL BE FORCED TO TAKE MILITARY ACTION AGAINST NORTH KOREA

Aug 1, 2017 — Robert Steven Ingebo

North Korea has an almost entirely state-run economy complete with entitlement and welfare programs, which are hallmarks of socialism.

The country is plagued by national food shortages because of failures in the government’s tightly controlled socialist economic system. Heavy sanctions by world governments have restricted economic growth. Dynastic government rule prevents citizens from becoming self-reliant and military-first politics have imposed a heavy burden on the economy.


THE EFFECTS OF CRONY CAPITALISM ON THE U.S. ECONOMY

Jul 19, 2017 — Robert Steven Ingebo

Crony capitalism in the U.S. occurs when Republican and Democratic congressman write legislation, provide corporate subsidies, give government grants, or provide special tax breaks to favor a large number of public and private firms, such as defense manufacturers, big pharma, the big Wall Street banks, multinational corporations, the entire agricultural industry, etc.

Large multinational corporations use lobbyists to influence politicians who are directly involved in the legislation of policies affecting those companies. For example, General Electric spent $134 million in lobbying from 2009 to 2014. They paid zero U.S. taxes in 2010. Northrop Grumman, Boeing and Lockheed Martin spent $280 million combined on lobbyists during the same time period to persuade the government not to cut defense spending.