Archive for March, 2016

Trump Isn’t a Racist

Wednesday, March 16, 2016 6:45 No Comments

If Trump is a “racist,” then why did he walk away with a landslide in Florida, a state that is 40% non-white? Trump isn’t a racist; he’s a Democrat. And according to the received opinion, Democrats aren’t racists.

This was posted under category: Politics

Economics for Idiots

Sunday, March 13, 2016 7:35 No Comments

This article from The Economist is a parody without the author even knowing it: “Building more houses is only part of the remedy for high prices.” This is about the British housing market, but the same mentality applies here. I WANT to hammer home a point that we made in a piece a few weeks ago. Whenever [...]

This was posted under category: Economics

Economics 101 for the Ignorant

Saturday, March 12, 2016 13:31 No Comments

In one cartoon frame.

This was posted under category: Economics

Shocking News Revealed: Hillary Machine Backed by the Establishment

Thursday, March 10, 2016 10:45 No Comments has produced an interesting piece on the Washington Post and its crusade to put Hillary Clinton in office by way of spinning an unholy war of negative stories on Bernie Sanders. I’ll quote the article: In what has to be some kind of record, the Washington Post ran 16 negative stories on Bernie Sanders [...]

This was posted under category: Politics

“Fresh Stimulus Measures”

Thursday, March 10, 2016 10:07 No Comments

This morning’s Inflation Street Journal news alert. This is referred to as “fresh stimulus measures.” As opposed to stale measures, I suppose.

This was posted under category: Economics

When Will the Lumbersexual Bubble Go Boom?

Wednesday, March 9, 2016 22:38 1 Comment

The Detroit resurrection of recent years is being tainted by the inanities of a creeping bubble, and accordingly, a multitude of poorly-allocated business investments. Once again, existing businesses have been growing at unprecedented rates and new businesses are springing up overnight, and that is in spite of many recent contractions and/or failures in the retail sector. [...]

This was posted under category: Detroit, Economics

Rehabilitation: it’s “for the children”

Tuesday, March 8, 2016 6:12 1 Comment

Incarceration Nation and the Rehabilitative State. This is how we do it in America. L.A. County currently has the largest juvenile justice system in the country. It costs $230,600 a year to incarcerate one kid there.

This was posted under category: police state

New FDA Dictator

Tuesday, March 8, 2016 5:49 No Comments

The new FDA Commissioner, Robert Califf, has the credentials one would expect is needed to head the FDA in the 21st century. A disclosure on the website of the Duke Clinical Research Institute reads: Robert M. Califf, MD, reports receiving research grant support from Novartis Pharmaceuticals, Johnson & Johnson/Scios, Lilly, Merck, and Schering Plough, and consulting fees from Annenberg, Aterovax, [...]

This was posted under category: Big Pharma

No Recession in Texas

Saturday, March 5, 2016 15:13 No Comments

They lived high on the hog in Bubble McMansions near Houston, the economy tied to the oil industry. And now, a very different story all over Texas.   An apt quote from Zero Hedge from 2015: …what we are witnessing is not the after-effect of the “severe and protracted recession” -we are witnessing the continuation of the [...]

This was posted under category: Economics

Housing Bubble Idiocracy – Flipper’s Disease

Saturday, March 5, 2016 14:47 No Comments

RealtyTrac reports that, well, flippers are flipping houses again. “As confidence in the housing recovery spreads, more real estate investors and would-be real estate investors are hopping on the home flipping bandwagon,” said Daren Blomquist, senior vice president at RealtyTrac. “Not only is the share of home flips on the rise again, but we also [...]

This was posted under category: Economics