America has changed a lot since Super Bowl 1 in 1967 but, as the cost of tickets, airfare, commercials, and beer have soared, real median incomes have risen just 9%... is it any wonder the 'people' are revolting.. towards Bernie and The Donald? However, the economics of Super Bowl 50 are every bit as cloudy as the general American economy... which looks set to be re-named "The Unicorn Bowl."
Oil markets have been largely assuming that OPEC producers could go on producing at these levels for years, but what if that’s not the case?
"Why after several decades of 0% rates has the Japanese economy failed to respond? Why has the U.S. only averaged 2% real growth since the end of the Great Recession? “How’s it workin’ for ya?” – would be a curt, logical summary of the impotency of low interest rates to generate acceptable economic growth worldwide. "
Speaking of the need for citizen participation in our national politics in his final State of the Union address, President Obama said, “Our brand of democracy is hard.” A more accurate characterization might have been: “Our brand of democracy is cold hard cash.” Cash, mountains of it, is increasingly the necessary tool for presidential candidates. Several Powerball jackpots could already be fueled from the billions of dollars in contributions in play in election 2016. When considering the present donation season, however, the devil lies in the details, which is why the details follow.
More than half (51%) of Muslims in America believe they should "have the choice of being governed according to Sharia." Only 39% of those polled said that Muslims in the U.S. should be subject to American courts. Nearly a quarter believed that, "It is legitimate to use violence to punish those who give offense to Islam by, for example, portraying the prophet Mohammed."
... Rothschild’s Penney wrote that the U.S. “is effectively the biggest tax haven in the world.” The U.S., he added in language later excised from his prepared remarks, lacks “the resources to enforce foreign tax laws and has little appetite to do so.”
"I pledge allegiance to the Flag of the United States of America, and to the Republic for which it stands, one Nation under Allah...."
"The world at an unprecedented moment in history where the interconnected nature of the global economy makes all players vulnerable to the mind-boggling volume of outstanding derivatives, which makes the sum of all world equity and debt look tiny in comparison..."
We want this time to be different so badly, we can almost taste it. But this time is only different on the margins; the flavor of the bust remains the taste of ashes.
Homicide rates in the United States have been declining for 20 years as the number of privately-held guns in the US has increased substantially. In some states, such as New Hampshire and Oregon, which have very weak gun laws, homicide rates are remarkably low, and these states are among the safest places on earth. As homicide rates have declined, however, and gun-related homicides with them, gun-control advocates have attempted to create a new category of "gun violence" by blaming suicides on access to guns.
Montel Williams Calls For "Shoot To Kill" In Oregon Showdown; Militiamen Respond They Are "Ready To Fight"Submitted by Tyler Durden on 01/04/2016 19:23 -0500
While most amateurs will bet on most hands, take speculative positions where the odds of success are stacked against them or try to bluff their way through a losing hand; professionals play with a cold, calculated and unemotional discipline. The professional gambler understands the odds of success of every play and measures his “bets” accordingly. He knows when to be “all in” and when to “fold and walk away.” Do they succeed all the time – of course not. However, by understanding how to limit losses they survive long enough to come out a winner over time.
- Oil up after U.S. crude stocks drop, still close to 11-year lows (Reuters)
- Global Stocks Rally; Mining, Metals Shares Lead Gains (WSJ)
- OPEC Sees Demand for Its Crude Oil Falling for Rest of Decade (BBG)
- The Trouble With Sovereign-Wealth Funds (WSJ)
- U.S. Calls for 256% Tariff on Imports of Steel From China (BBG)
- Iraqi troops expected to drive ISIS from Ramadi in days (Reuters)
- Splintered Spanish vote points to fraught coalition talks (Reuters)
- Brent Oil Falls to 11-Year Low in London as Global Glut Persists (BBG)
- Oil prices hit lowest since 2004 as supply balloons (Reuters)
- U.S. Probes Theranos Complaints (WSJ)
- Driver plows onto Las Vegas Strip sidewalk 'like bowling ball', one dead (Reuters)
- Yellen, Bull Markets and Extinction in a Seven-Year Stock Rally (BBG)
- Oil heads for third straight weekly loss as supply weighs (Reuters)
- BOJ's $2.5 Billion ETF Boost Seen Having Little Impact on Stocks (BBG)
- Japan core CPI seen flat in November, household spending down (Reuters)
- Dollar gets altitude sickness as BOJ disappoints (Reuters)
- Fed Hikes, but Some Rates Veer Lower (WSJ)
- White House calls for 'common sense steps' to help Puerto Rico (Reuters)