You thought you could bet against the fed, the US consumer, the best and the brightest, the meritocracy and high-IQ and not be turned into roadkill? You thought the incantations of doom and gloom from Zerohedge and Karl Denninger would supersede economic reality, HBD, and American exceptionalism? Oh how mistaken you were. For as far… Continue reading Economic Fallacies
Month: February 2015
Nazism = Marxism?
Hitler and the socialist dream Of course, there are many similarities between Stalinism (along with Maoism and other Marxist/Leninist variants) and Nazism: unwavering fealty by the citizenry to the apparatus of power, extensive central planning, ‘ends justifying the means’ taken to an extreme, and grave punishment exacted on those either deemed unworthy or disloyal to… Continue reading Nazism = Marxism?
The Daily View: Post Scarcity, Divine Rights, Doom and Gloom, The Two Tenets of Leftism
From Lion’s Blog: Scarce goods in a post-scarcity economy The belief that ‘post scarcity’ will make all goods cheap and abundant is fanciful thinking. While it’s true that the price of some goods relative to income (electricity, food, appliances, computers, television) have fallen, other goods and services have not such as cable TV, internet access,… Continue reading The Daily View: Post Scarcity, Divine Rights, Doom and Gloom, The Two Tenets of Leftism
Blacks Being Underrepresented
From Scott’s blog Black People Less Likely One must tread carefully when discussing matters pertaining to race. Emotions often run strong, and people tend to take arguments personally even if the subject matter has nothing to do with their personal lives. Inevitably the question that arises is why blacks are underrepresented in science fields, and… Continue reading Blacks Being Underrepresented
Is Going to Work Really So Bad? Jobbers vs. Self-Actualizers
From an article and discussion from Return of Kings about work being dehumanizing: The capitalist system pushes us to work as hard as possible to increase our wealth and therefore our social status. In a world with less emphasis on tribes, community, and extended family, wealth has become the primary indicator of social status. Communists/socialists… Continue reading Is Going to Work Really So Bad? Jobbers vs. Self-Actualizers
Don’t Bet Against America (America as an HBD success story)
We’re still in the eye of the storm of the slowest news cycle ever, in agreement of earlier predictions that 2015, like 2014, will go down as yet another uneventful but prosperous year for America, web 2.0, Silicon Valley and the overall economy. There are the usual things going on – Greece, ISIS, Ukraine.. stuff… Continue reading Don’t Bet Against America (America as an HBD success story)
The Great Zerohedge Disappointment
It just dawned that the people who have been reading Zerohedge in anticipation of the next crisis have been wasting their time for the past six years (over 2000 days). Think about that: Six years of refreshing Zerohedge – sometimes multiple times a day – for that headline that is supposed to precipitate the next… Continue reading The Great Zerohedge Disappointment
Still Not a Bubble (in Bay Area Real Estate)
Tiny Home in Palo Alto Sells for $1.75M Bay Area real estate it still not a bubble though, as much as the left wishes it were. Prices are surging due to limited supply, huge demand from rich foreigners and newly minted tech millionaires & billionaires, and the fact Silicon Valley is the center of the… Continue reading Still Not a Bubble (in Bay Area Real Estate)
Two More Setbacks For The Left (Brian Williams & Global Warming Scandal)
A bad week for the libs: Global warming scandal and Brian Williams’ Iraq fabrications. The liberal media is losing credibility among the millennials, and the Brian Williams scandal is just another blow to the left as sites like Reddit and 4chan gain popularity. Whether it’s storing distasteful nude selfies on icloud, fabricating global warming data,… Continue reading Two More Setbacks For The Left (Brian Williams & Global Warming Scandal)
What Happens to Wealth During Market Crashes
There’s a misconception that tweeting can change the world or engender action. Unless you’re an established brand or well-known person the vast, vast majority of tweets are ignored. Tweeting at someone or tweeting within a conversation seldom elicits a reply. Tweeting is like yelling from your rooftop in a neighborhood where each house is spaced… Continue reading What Happens to Wealth During Market Crashes