The daily view 12/21/2018

Usually the news cycle is slow, especially around the holidays, but there is a ton of stuff going on. 1. Trump administration officially bans bump stocks Those who possess the devices, which make it easier to fire rounds from a semi-automatic weapon by harnessing the gun’s recoil to “bump” the trigger faster, will have 90… Continue reading The daily view 12/21/2018

High-IQ People are Not Being Inappropriately Excluded

There is a persistent myth/belief that high-IQ people–due to cultural factors, educators, employers, and the so-called ‘communications gap’–are being systematically and inappropriately excluded from society and employment, and such individuals are doomed to a lifetime of rejection and unhappiness. Based on the evidence I have gathered, I am skeptical of this hypothesis. For context, this… Continue reading High-IQ People are Not Being Inappropriately Excluded

America the outlier

Critics of neoreaction argue that democracies are more stable than monarchies; for example, Britain’s parliamentary monarchy. But many of the examples cited are not pure direct democracies, but rather are constitutional/parliamentary monarchies, such as Norway, Denmark, and Sweden. However, South America is an obvious counter-example, especially Venezuela. However, one can argue that South American countries… Continue reading America the outlier

Student Loan Debt is Not a Drag on the U.S. Economy and Will Not Lead to Crisis

The left has been predicting student loan and financial crisis for years, to no avail. The same liberals who promote ‘useless’ degrees such as ‘gender studies,’ ‘child development,’ and ‘business administration’ are the same people predicting student loan crisis and seeking student loan reform and forgiveness at taxpayer expense, without understanding that they are part… Continue reading Student Loan Debt is Not a Drag on the U.S. Economy and Will Not Lead to Crisis

End of ‘Trumpism’

Scott describes the decline of Trumpism, but I think it’s pretty much dead at this point with little no hope of revival unless things change dramatically, which I doubt they will. But this decline is not due to changing public sentiment as Scott shows, but rather due to structural changes within the Trump administration. I… Continue reading End of ‘Trumpism’

Ship of Fools

Tucker Carlson’s book “Ship of Fools: How a Selfish Ruling Class Is Bringing America to the Brink of Revolution” is getting a ton of media coverage and has been reviewed by iSteve and others on the so-called dissident right. Right now we are living through what can be described as a sort of obsession with… Continue reading Ship of Fools

Does Donald Trump Owns This Stock Market? Maybe

From Bloomberg: It wasn’t smart to dump a dovish Fed chief, run up the deficit, and start a trade war. Trump did all three. Although Barry Ritholtz is a liberal and we probably would not agree on much politically, I agree with his investing philosophy and find his non-partisan, strait-talk insight to generally be valuable.… Continue reading Does Donald Trump Owns This Stock Market? Maybe

$50 Bitcoin? Possible

Bitcoin continues its descent, now at $3,350 with no bottom in sight still. I don’t think Bitcoin longs realize how bad things have the potential to be. If they seem bad now, with Bitcoin 84% off the highs, it can get a lot worse. That’s why I have never recommended to buy the dip. How… Continue reading $50 Bitcoin? Possible

The Housing Boom Is Already Gigantic. How Long Can It Last?

This article is going viral The Housing Boom Is Already Gigantic. How Long Can It Last? The viralness is due to the article combining two of the three elements of the wealth-intellectualism-individualism trinity, those being intellectualism (generally, high-IQ people, who have more money and thus are more likely to be homeowners, are interested in home… Continue reading The Housing Boom Is Already Gigantic. How Long Can It Last?