"It was never supposed to be this close. And of course she was supposed to win. How Hillary Clinton lost the 2016 election to Donald Trump is the tragic story of a sure thing gone off the rails. For every Comey revelation or hindsight acknowledgment about the electorate, no explanation of defeat can begin with anything other than the core problem of Hillary's campaign--the candidate herself."
"We’ve been sowing the seeds for our predicament since the end of World War II. You might even call this process “The Victory Disease.” In practical terms it represents sets of poor decisions with accelerating bad consequences..."
"We are being afflicted with a new disease of which some readers may not have heard the name, but of which they will hear a great deal in the years to come—namely, technological unemployment." - John Maynard Keynes (1930).
Billionaire Jeff Greene has put his Beverly Hills home “Palazzo di Amore” back on the market last Friday, asking $129 million. This amounts to a $20 million cut from when the home was last listed two years ago, and a whopping third, or $66 million, discount off the original price of $195 million in 2014.
US Home Prices rose at 5.7% year-over-year in January, according to the latest data from Case-Shiller. This is the fastest rate of price appreciation since July 2014. The six-month lagged response to the surge in mortgage rates suggests things may be about to slow down dramatically though...
One upon a time, the benevolent future was supposed to bemuse with hoverboards, flying cars and interplantary travel. Instead, according to the folks at Slovakia's Bozena Riot Security Systems, the dystopian future has arrived, and it is made of armored plates and riot gear.
During his 1928 election campaign, President Herbert Hoover defined the 'American Dream' as "a chicken in every pot and a car in every garage." And while the chickens and cars (courtesy of massive subprime auto loan bubble) don't seem to be much of a problem these days, for Americans in over half of the largest cities in the country, owning a home is.
"...the government isn’t looking to catch criminals. It’s just out for your cold, hard cash... we are now ruled by a government so consumed with squeezing every last penny out of the population as to be completely unconcerned if essential freedoms are trampled in the process."