China targets rumors, religion in updated party rules

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… WHOAH! … wow … wow … . … there are many sites that DESCRIBE the RULES of the chinese party! … . https://www.businessinsider.com/r-china-targets-rumors-religion-in-updated-party-rules-2018-8 Another new clause takes aim at party members who are also religious. While the country’s constitution guarantees freedom of religion the party is officially atheist and party members are supposed to be … Read more

2011- When asked how to solve the U.S. deficit, Warren Buffet responded: “You just pass a law that says that any time there’s a deficit of more than three percent of GDP, all sitting members of Congress are ineligible for re-election.”

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For those who care, here’s the video where he says this I think he’s absolutely right. Nothing gets more shit done than consequences. https://www.cnbc.com/id/43670783 Warren Buffett says he could fix the U.S. deficit problem very quickly. Here’s his not-entirely serious (but not entirely joking either) plan, as told to Becky Quick during this morning’s live interview on … Read more

China Unveils “Breakthrough” In Electromagnetic Rocket Technology

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by stockboardasset Chinese state media has revealed a technological breakthrough in electromagnetic rocket design amid US regional security concerns in North Korea and the South China Sea. The new and more powerful electromagnetic rocket uses catapult rocket artillery technology renders the weapon more powerful than any conventional artillery in the world. The Global Times reported that Han … Read more

Democrats’ battle plan against Trump if they win the House this November

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by Dr. Eowyn A documents has surfaced revealing Democrats’ battle plan if they win control of the House of Representatives in the upcoming midterm election this November. Matthew Boyle reports for Breitbart, Aug. 26, 2018, that the document was revealed by Jonathan Swan of Axios. The document is a spreadsheet prepared by House GOP officials which meticulously previews the investigations … Read more

Germany considering a year of national service for migrants

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by DCG This is going to help refugees “integrate” into German society. Yeah, riiiiight. From The Guardian: Angela Merkel’s Christian Democratic Union (CDU) party is floating the idea of a new form of compulsory national service in Germany for all young people and migrants. For over 50 years, all German men were obliged to spend a year in the army … Read more

YOU CAN’T STEAL EXPERIENCE AND KNOW-HOW: The Problem With China’s Powerful Air Force.

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via realcleardefense: This problem is starkly illustrated by China’s ongoing difficulty in producing a high-quality indigenous jet engine. The problem of technology mismatch, at its root, is that the thief lacks trade secrets and human capital associated with the manufacturing and assembly of a system. At the very least, this absence can make the replication of … Read more

Why U.S. Stocks Hit A Record

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by Lance Roberts The S&P 500 hit an intraday record of 2,876.16 today, surpassing its January 2018 peak that occurred before the violent 12% correction that ensued in February. The official reason for today’s bullish action is Fed Chairman Jerome Powell’s speech in which he outlined his expectations for gradual interest rate increases. Powell’s speech didn’t … Read more

Peter Schweizer (Clinton Cash author) shares new details on DC swampy business deals in the Biden family. Uncle Joe and son Hunter.

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by LunaFlora Peter Schweizer shares new details on swampy business deals in the Biden family. Sunday, Breitbart News Senior editor-at-large Peter Schweizer, author of “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” appeared on Fox News Channel’s “The Next Revolution” to describe “sketchy” dealings involving Hunter Biden, son of former Vice … Read more

Summer Snow Blankets Montana, Idaho, Wyoming

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DENVER (CBS4) – An unusually cold late August storm system is bringing a chilly rain and some high altitude snow to parts of Wyoming, Montana and Idaho. The National Weather Service says as much as 4-8 inches could fall in elevations above 9,000 feet in the mountains of Montana and Wyoming. Some areas have been placed … Read more

Next iPhones expected to be biggest ever

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Think big. Really big. If you think iPhones are too small, get ready for this – the next crop of iPhones are expected to go larger than ever. Apple will officially announce the 2018 crop in early September, but analysts we’ve spoken to are firm in what to expect, based on intelligence from the supply chain. Analysts … Read more

DRUDGE RIGHT NOW:

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TRUMP’S TRADE POLICY STRIKES AGAIN: US and Mexico have reached a trade deal, paving the way toward replacing NAFTA President Donald Trump says the deal would be called The United States-Mexico Trade Agreement, getting rid of the NAFTA name. Trump says Mexican officials promised the country would start buying as much U.S. farm product as possible. … Read more

Where’s the “moat” or value for companies like Uber/Lyft/DiDi/Grab? Aren’t they essentially worthless?

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by WaveML TLDR: Ridesharing companies’ massive valuations are based off of a driverless taxi future. However, it seems that in this future almost all the profits will go to the companies that have solved the hard tasks of manufacturing the cars and designing the self driving AI software, not the relatively easy to replicate task … Read more

Take advantage of opportunities that come your way

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by jasta85 This is somewhat of a ramble of my experience regarding taking advantage of opportunities that life presents you as the ones I’ve had have significantly sped up my progress on my way to FIRE and don’t involve crazy stuff like winning the lottery or creating Uber. ​ So, I’ve recently separated from the … Read more