Stockman Slams "The Awesome Recovery" Narrative

"In the face of blatant dangers and even existential threats, the denizens of the Acela Corridor whistle past the graveyard with alacrity. So doing, they turn a blind eye on virtually all that contradicts the awesome recovery narrative, the indispensable nation conceit and the Washington can Make America Great Again (MAGA) delusion, among countless other fantasies."

Can You Do A Backflip? Because This Robot Can

Since being founded in 1992 with funding from DARPA, robotics company Boston Dynamics has unveiled one nightmarish robotic creation after another. But the company outdid itself this week when it introduced the latest iteration of its ‘Atlas’ robot...

Xi Jinping Pledges To "Strengthen Relationship" Between Saudi Arabia And China

In what can only be described as a masterful play to entice Saudi Arabia to list shares of Aramco in Hong Kong (assuming the kingdom follows through with the listing, which is reportedly in jeopardy) Chinese state media reported Friday that President Xi pledged to strengthen the relationship between China and Saudi Arabia as the latter tries to reform its economy.

Silicon Valley Exec Creates New Religion Worshipping A 'Godhead' Based On Artificial Intelligence

"The new religion of artificial intelligence is called Way of the Future. It represents an unlikely next act for the Silicon Valley robotics wunderkind at the center of a high-stakes legal battle between Uber and Waymo, Alphabet’s autonomous-vehicle company. Papers filed with the Internal Revenue Service in May name Levandowski as the leader (or “Dean”) of the new religion, as well as CEO of the nonprofit corporation formed to run it."

The Republican Tax Plan Is Very Swampy

Unsurprisingly, the Republican tax plan moving forward in the U.S. Congress and championed by Donald “Drain the Swamp” Trump, is very swampy...

Weekend Reading: You Have Been Warned

"Investors aren’t paying attention... There is an important picture that is currently developing which, if it continues, will impact earnings and ultimately the stock market..."

How Uncle Sam Inflates Away Your Life

"Remember, your life-savings is just that.  It represents your life... So, when Uncle Sam confiscates your life-savings via the inflation tax something more is happening...  Not only are you being robbed of your money, you’re being robbed of your life.  Your life’s simply inflated away.  Poof!"