Esquire Magazine recently conducted a poll of 4 millennials at 4 different income levels and the one unifying theme in the responses seemed to be that millennials are fairly self-assured and optimistic about their future despite the overwhelming mountain of economic evidence that suggests they're totally screwed. Seems that millennials are maintaining their "safe spaces" beyond their college years...
It’s possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it’s also possible that they are ramping up production to take the sting out of a freeze. This is a delicate balancing act that the Saudis need to play very carefully.
Just three days ago, as Hillary Clinton "short-circuited", we noted "the only question is whether Trump can keep his mouth shut long enough to give Hillary more chances to stick her foot in hers." Unfortunately, despite the potential for the Orlando shooter's father to play on tonight's media spin, Trump has managed to refocus attention on himself - by noting that "maybe '2nd Amendment people' can stop Hillary Clinton."
While we have often heard that members of Congress, who are not only exempt from insider trading oversight, are also ardent daytraders we had never seen it in action. Until now... and we found something strange.
Three people were killed and a fourth was injured in a shooting in Mukilteo, Washington north of Seattle, according to police. About 15-20 people were partying at home in the Chennault Beach neighborhood when gunfire broke out around 12:30 a.m., according to Mukilteo Police.
Overnight tensions surrounding the disputed South China Sea territory soared when Taiwan, which shares territorial claims with China in the disputed area, sent a naval frigate to patrol the disputed waterway Wednesday, to show the government’s “determination" to defend its national interest. Taiwan’s decision has put the country at odds with its chief security protector, the U.S., which has called on China to abide by the ruling.
It seems to have become one of the most popular ways of ridiculing somebody’s argument or position, calling into question someone’s sanity or even somebody’s right to their very own existence in recent years are "You’re a conspiracy theorist!","That sounds like a conspiracy theory to me!" The definition of conspiracy insists on the “evil, harmful, bad” side of things. In other words; in the English language, it is impossible to conspire to do good. Here however are some alternative definitions of “conspiracy theorist”: someone who has seen through the bullshit; and/or someone who questions the statement of known liars.
As we warned heading into the Brexit vote, it appeared that many human investors had quite a bit of misplaced confidence in the Remain vote, and it ultimately turned out that we were right. It also turns out that the algos have traded the event better than humans as well.
Until recently the progressive mind has been resolutely closed and stubbornly frozen in place against all things Trump. But cracks are appearing in the ice. With increasing frequency over the last few months, some of the most thoughtful left and progressive figures have begun to speak favorably of aspects of Trump’s foreign policy..."The danger to the rest of us is not Trump, but Hillary Clinton. She is no maverick. She embodies the resilience and violence of a system whose vaunted ‘exceptionalism’ is totalitarian with an occasional liberal face."
The US homicide rate in 2014, the most recent year available, was 4.5 per 100,000 - the lowest since 1963. So, do more guns equal more crime? The data would seem to indicate the answer is "obviously not." Nevertheless, President Obama called on The Senate this afternoon to "rise to the moment" and pass gun control...
"I can't tell you how long it's going to take but I'm anticipating an 80% drop or 70% drop, something in that neighborhood. Tobin's Q got down to 0.54 in 2009...The reason it didn't go lower is because we had the biggest fucking bailout ever orchestrated in the history of the banking system..."
Economist Michael Hudson tells The RealNews network that neoliberal policy will pressure U.S. citizens to emigrate, just as it caused millions to leave Russia, the Baltic States, and now Greece in search of a better life...
"It is unfortunate that my comments have been misconstrued as a categorical attack against people of Mexican heritage. I am friends with and employ thousands of people of Mexican and Hispanic descent,"