by madoneforever A reddit friend asked me to comment since I’ve walked this journey already. I had a brief illness when I was 30 and then another long term disability hit when I was 38. The first illness was my wake-up call to prepare for the future. Luckily I did. regardless of insurance you will be … Read more
by Michael Snyder If Americans really understood how much their standard of living was about to change, the streets of our major cities would be packed with protesters by tomorrow morning. For the past several decades, China and other low cost exporters have been flooding our shores with hundreds of billions of dollars worth of … Read more
via Sputnik Top international money managers are expecting that a downturn in the global exchange in capital, goods, services and workforce could cripple stock markets worldwide, suggesting other investment opportunities might be in focus over the coming years. Kristian Rouz — A new report finds that roughly one-third of the world’s most prominent sovereign wealth funds are … Read more
WORRIES AT SALON: New poll spells doom for Democrats’ dreams of a blue wave: Three Senate Democrats are running behind their Republican challengers — leaving Democrats worried about the fall. With the upcoming midterm elections inching closer, the Democrats’ odds of flipping the Senate are looking weaker and weaker, thereby increasing the pressure to secure the House in order … Read more
via CNBC : There’s condescension, and then there’s this. CNBC has concluded that the reason you haven’t taken out a second mortgage on your house is because you didn’t know you can. Nowhere, not once, do they mention that it’s a highly risky, often-variable-rate, generally irresponsible thing to do if you can at all avoid it. Nowhere … Read more
by Chris Black Dwight and Steven Hammond are 2 Oregon ranchers who were convicted of arson back in 2012 by Barack Obama’s administration. The prosecutors used a 1996 anti terrorism law to do that, a law that carries a minimum sentence of 5 years. However, Federal Judge Hogan cut both ranchers’ sentences short, on the … Read more
by John Whitehead “There are no nations. There are no peoples … There is only IBM and ITT and AT&T, and DuPont, Dow, Union Carbide and Exxon. Those are the nations of the world today. The world is a college of corporations, inexorably determined by the immutable by-laws of business.”—Network (1976) There are those who will tell … Read more
Do you believe that people have financed their lives with maximal debt? Is this sustainable? The financial system is at risk. The regulatory agencies have once again looked the other way. They have stepped aside while mega corporations have ballooned up, far beyond our imagination. All the while, the middle class has been evaporated, erased … Read more
https://www.adl.org/news/press-releases/…earning-to Quote:New York/Berkeley, Calif. February 6, 2018… The Anti-Defamation League’s (ADL) Center for Technology and Society today announced preliminary results from an innovative project that uses artificial intelligence, machine learning, and social science to study what is and what isn’t hate speech online. The project’s goal is to help the tech industry better understand the … Read more
by John Coumarianos Imagine two portfolios, A and B, worth $100 each. In the first time period, portfolio A gains 90% and Portfolio B loses 90%. So A is worth $190 and B is worth $10. Then, in the second period, Portfolio A loses 50% and Portfolio B gains 50%. So at the end of … Read more