A broken clock: MARK CUBAN: ‘The Student Loan Bubble Is Going To Burst’ In a clip on Inc.com, Cuban talks about the student loan bubble, which he says will burst and end badly for colleges. The end of the student loan bubble, Cuban says, will be like the housing bubble, where tuition collapses the way… Continue reading College Bashing…Just Another Outlet for Liberalism
Month: June 2014
Authenticity and Masculinity in the New Era
In today’s super-competitive economy and meritocracy, the value of an individual to society is measured by his or her income/wealth, educational attainment, professional contributions, online karma points, expert status and IQ/SAT scores. To have a lot of Karma means your contributions and opinions are valued by others; therefore, in the court of online public option,… Continue reading Authenticity and Masculinity in the New Era
Thanking the Fed for Doing a Good Job
Stocks surge as the fed continues to taper. There a few things to take note: interest rates will remain at zero for a long time, we’re still in a Goldilocks economy of steady growth and low inflation, fed policy has been a resounding success at creating wealth, and the taper doom and gloomers were 100%… Continue reading Thanking the Fed for Doing a Good Job
The Daily View: Economic Data and Wages
Today’s good news: The Economy May Be improving. Worker Pay Isn’t. Better get that computer science, physics, math or econ degree. Those are the people making the $$ in this recovery. Smart people rule the world. As shown above, real wages tend to rise during crisis such as the banking problem in 2008 & 2009… Continue reading The Daily View: Economic Data and Wages
Stocks Rise, Ignoring Iraq Tensons
Stocks keep going up as Wall St., predictably, ignores tensions in Iraq. Seeing some potentially good news for the economy and stock market: oil and gas prices are surging, tensions are rising in the Middle East, and Obama’s polls are falling to new lows. The former is probably contributing to the later because voters will… Continue reading Stocks Rise, Ignoring Iraq Tensons
Immigration, Millennials, and the Smartist Era
In response to a post supporting more high-tech immgration, Derb replies: Nobody “deserves” admission to anyone else’s country. Immigration has nothing to do with morality. It is the business of deciding whether we need any more people; and if so, from where, with what characteristics, taking into account all social and cultural factors, not merely… Continue reading Immigration, Millennials, and the Smartist Era
Eric Cantor’s Loss – A Sign of the Times
Radio Derb 6/14/2014 Not surprising, many conservatives – with few exceptions such as this blog – are elated over the defeat of Eric Cantor. This is kinda funny because in 2009 and 2010, he worked with the Tea Party in his district and now they want nothing to do with him. He was even on… Continue reading Eric Cantor’s Loss – A Sign of the Times
Some Much Needed Perspective in the Student Loan Debate
It’s a common misconception by some conservatives that only liberals are pro-college. The reality seems to be the opposite. Liberals such as Elizabeth Warren are leading the charge against higher education, laying blame on the overpaid faculty, the student loan lenders, and the colleges for failing to guarantee good job prospects for students. While the… Continue reading Some Much Needed Perspective in the Student Loan Debate
David Brat Sell-Off Day 2
Day two of the David Brat sell-off as the Dow Jones Industrial Average falls over 100 points in addition to the selling esterday. CNBC’s Jim Cramer: Cantor’s Exit Brings Back Fear of Washington Much more important than immigration reform, David Brat being the house majority leader may imperil future debt ceiling negations. This probably the… Continue reading David Brat Sell-Off Day 2
Did David Brat Cause the Market to Fall Today?
From the WSJ: Eric Cantor Defeat Imperils Prospects for Immigration Overhaul : Mr. Cantor’s defeat is likely to be seen as confirmation immigration politics are too dicey for this election year and may spook rank-and-file members who advocates have been pressing for support. In response to a questionnaire from the Richmond Times-Dispatch, David Brat wrote:… Continue reading Did David Brat Cause the Market to Fall Today?