HUH – HOW DID HUNDREDS OF THOUSANDS OF YEARS OF “BAD LUCK” START TO END?

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Ocasio-Cortez Credits Prosperity Under Capitalism to ‘Course of Human Evolution.’ She granted that capitalism was temporarily the “most efficient and best” system, but that it must change “as we evolve.” “We’re starting to see that the people who create value in society are not experiencing any portion of the value that they are creating. So … Read more

BLAME THE MESSENGER

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A large, longitudinal, randomized, controlled study recently found that Tennessee’s pre-kindergarten program for low-income children had modestly NEGATIVE effects on academic achievement once the children were in the third grade. The program participants also had more disciplinary problems than non-participants, most of whom had stayed at home that year rather than participating in some other program. … Read more

HATE YOUNG PEOPLE? TRY A MINIMUM WAGE: More evidence of the harm minimum wages are doing to young people trying to gain job skills

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This time from Minnesota: Following the minimum wage increases limited service restaurant employment fell by 4% in Minnesota relative to Wisconsin. Further, youth employment fell by 9% in Minnesota following the minimum wage increases, while it increased by 10.6% in Wisconsin over the same time period. Oh, and restaurant food prices started increasing after they’d … Read more

EVERGREEN HEADLINE: Rand Paul: “Trump Derangement Syndrome” Has Gone Over The Top And People Have Lost The Big Picture.

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via realclearpolitics: Yep. People can’t just make a legit criticism and stop. They have to “bury it in crazy” talking about Trump being a Russian agent and assorted other BS. You saw some of this crazy on the right under Obama, but it got a lot less media support and amplification for obvious reasons. UPDATE: Also evergreen:   h/t … Read more

OUCH: New Poll Suggests Dems Turn Against Hillary Clinton, Joe Biden, Bernie Sanders for 2020. “73 percent want ‘a fresh face’.”

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via pjmedia: A new poll may sound the death knell for three leading Democrats eyeing the 2020 presidential election. While many Democrats are eyeing the chance to face President Donald Trump in two years, some old contenders have made their presence known. Sen. Bernie Sanders (I-Vt.) has railed against Disney, former Secretary of State Hillary Clinton seems incapable … Read more

Find Out How Much Your Country Spends on Research & Development

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by howmuch Spending money on research and development is a funny thing. It’s hard to tell what’s going to be a success, and sometimes the results aren’t valuable for decades. For example, Uber is investing heavily in driverless cars with the explicit goal of revolutionizing transportation. Even if the results aren’t always successful we’re convinced R&D investments are a … Read more

Remember when CNBC producers & hosts brainwashed an entire generation of millennials to buy BTC & $NFLX respectively at each of their ATHs?

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Remember when CNBC producers & hosts brainwashed an entire generation of millennials to buy BTC & $NFLX respectively at each of their ATHs? This hopeless generation stuck in gig-econ should realize they're stuck & speculating in markets for a better life is a pipe dream — Alastair (@StockBoardAsset) July 17, 2018 https://twitter.com/OccupyWisdom/status/1018952657799696385 $NFLX just destroyed … Read more

Negative Rates are not an exception anymore. No wonder global debt soars to all-time highs and growth disappoints

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Companies are investing as much as they need. Capex is not risng as much as central planners expect, that is all. Not because corporations are evil or stupid or lazy, but because overcapacity and risks outweigh returns. The Rise of Zombie Companies, And Why It Matters To You The Bank of International Settlements (BIS) has … Read more

San Francisco allows non-citizens to vote

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by Dr. Eowyn Why bother to become a U.S. citizen? Fox2 KTVU reports, July 16, 2018, that in 2016, San Franciscans voted to become the first city in California to allow non-citizens to vote in a local election. Measure N was passed with 54% of the vote, meaning that non-citizens, including undocumented immigrants illegal border-crossers, are now able to vote … Read more

Sanctuary California: Illegal alien who attacked wife with chainsaw was previously deported 11 times

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by DCG This is why we need ICE. From Fox News: An illegal immigrant alien who allegedly slashed his wife with a chainsaw at their California home was previously deported 11 times before he was arrested Thursday in the gruesome attack, immigration officials said. Alejandro Alvarez, 32, is a “serial immigration violator” who has been deported nearly a dozen times … Read more

Why Are Crazed Naked Zombies Running Around Inside Walmart Stores Stabbing And Biting People?

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by TraderStef of CrushTheStreet The Walmart stock chart looks interesting, but let’s address those naked zombies first. An article caught my attention today while surfing the financial landscape. It was about a person who decided to stroll through his local Walmart store butt naked. It dawned on me that this is not the first time such a bizarre … Read more

SPOT THE DIFFERENCE

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by Jim Quinn  Homogeneous Croatia loses the final:  Party. Diverse France wins the World Cup:  Riots all over the country Western Europe France ‘celebrates’ World Cup victory: 292 arrests, 45 injured police officers and 2 dead civilians. https://voiceofeurope.com/2018/07/france-celebrates-world-cup-victory-292-arrests-45-injured-police-officers-and-2-dead-civilians/  

WTF Just Happened? Stock Market Ignores Trade War And A Broke Consumer

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by Eric Dubin and Dave Kranzler via Investment Research Dynamics Every month Government, corporate and household debt hits a new all-time high. The entire financial system is heading down an unsustainable path of debt issuance. The delinquency rate for auto and credit card debt is already at levels last seen in late 2008. The only reason the banks are not … Read more