The first rate hike in almost a decade is expected this week. Historically speaking, rate hikes are not always bearish for stocks, provided rates don’t go up too much too quickly. But because the fed has been dovish for the past three decades, not hawkish, that should be a concern. In the 90’s, the S&P… Continue reading Why Interest Rates Are Unlikely to Rise Much, If at all
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The Student Loan Charade
From Bloomberg: Who’s Profiting from $1.2 Trillion of Federal Student Loans? For-profit colleges profit, so does the higher-ed bureaucracy. The issue is while student loan debt and tuition is high, the amount paid out of pocket by the student is low relative to the sticker price and only modestly exceeds the CPI. After taking into… Continue reading The Student Loan Charade
Consider Contraception
From iSteve: The Economist: Free Contraception for Africa Would be a Great Investment This an example how HBD-based policy can help curb social problems, be it entitlement spending, overpopulation of at-risk groups, or crime. Republicans need to get over this belief that every unborn life is sacred or is worth saving and instead consider HBD-based… Continue reading Consider Contraception
Post-2008 Capitalism: A Guide
From n+1 magazine, After Capitalism: HOW WILL IT END? For centuries even the most sanguine of capitalism’s theorists have thought it not long for this world. Smith, Ricardo, and Mill pointed to a “falling rate of profit” linked to inevitable declines in agricultural productivity. Marx applied the same concept to industrial production, suggesting that the… Continue reading Post-2008 Capitalism: A Guide
They’re defecting, Mortimer: The rise of Trump and the fall of the ‘Cuck’ empire
It’s so funny how the NYT’s readers, in the comments, are disparaging the multiculturalism that the newspaper espouses. Either these readers represent a vocal minority or the NYT is going to lose a lot of readers, if it hasn’t already. Same with the post-2014 decline of conservative media ‘strongholds’ like National Review Online and World… Continue reading They’re defecting, Mortimer: The rise of Trump and the fall of the ‘Cuck’ empire
Post-Labor Capitalism
In my post about conservatives being smarter than liberals, I ended on cliffhanger, leaving the solution open: Solutions are hard to come by. Simply getting rid of democracy won’t change the fact there are already millions of people dependent on govt. aid. I also discuss the ‘un-participatory’ underclass here (why collapse can wait) : Entitlement… Continue reading Post-Labor Capitalism
10 Harsh Truths Every Millennial Must Know
I wrote this in the format of a ‘Buzzfeed’ listicle, with the intent to go viral; it didn’t, but here it is: 10 Harsh Truths Every Millennial Must Know
Conservatives are smarter, better informed than liberals
Contrary to the leftist stereotype of the uneducated ‘hick’ voting Republican, it’s actually the least educated, lowest income demographic that votes Democratic, suggesting (if we go by IQ vs income & education) on aggregate conservatives are smarter than liberals. Using educational attainment as a proxy for IQ, the maybe the very smartest vote Democratic, but… Continue reading Conservatives are smarter, better informed than liberals
How a person with an SAT score of a 1000 writes
An SAT score of 1000 on the post-1995 test is unimpressive, corresponding to an IQ of around 100. Most people who score that low (either on an IQ test or on the SAT) keep it private. According to those celebrity SAT lists you see everywhere, even most actors score higher than that, yet the author… Continue reading How a person with an SAT score of a 1000 writes
He Fit the Description
I fit the description…. A first-person account by Steve Locke, a black college professor, about being stopped and questioned by the police for a crime he didn’t commit, is going viral. The article has a racial angle, implying that white officers are deliberately singling out blacks just for sport or due to prejudice. Yes, it… Continue reading He Fit the Description