Gongol.com Archives: August 2016

Brian Gongol

August 1, 2016

Business and Finance Worth remembering: We actually have 12 currencies

Even though all American currency is equally valid for use everywhere in the country, we actually do have twelve different currencies (in a sense) because each district bank issues its own currency. There's a good chance that most people overlook the historical nuance of this elegant solution to the need for a common market and a common taxation system, but the different districts actually provide a means of monitoring (and responding to) unique conditions in the different regions of the country. It's an elegant solution to the inherent tension involved in serving a diverse and gigantic economy. Like the Electoral College, it may look archaic to people who don't understand the big picture or the historical context, but both institutions are cornerstones of the durability of a federal system.

Business and Finance Subaru to expand US production

Smart manufacturers take into account whether their products have unique local features or characteristics -- and in the case of the Japanese automakers, a lot of Americans probably don't realize just how much of that production has shifted stateside because it suits local conditions well. Manufacturing is a far more complex object than the caricature that gets portrayed in political debates.

News Entrancing photos of old Soviet-era infrastructure

The Soviets sure liked to build big. Perhaps it was a means of taking psychological compensation for the repression of individual liberties -- building big collective things because individuals weren't allowed to express their own potential.

Broadcasting Bob, Gordon, and Luis are being cut from "Sesame Street"

How sad

News Body cameras are no silver bullet

A body cam on a Chicago police officer wasn't working at the time when an unarmed suspect was shot to death. That doesn't mean it was necessarily misused, abused, or tampered with -- but it does point out that they aren't perfect. Can body cameras serve a useful purpose? Potentially, yes. Is there a need for independent oversight and third-party custody of the evidence? Yes.

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