China To Have World’s Largest Economy This Year: World Bank Hasn’t the left been predicting China’s economic crisis since 2006? Nice to see the crisis ended before it had a chance to begin. I wonder what crisis the left will front-run next. They are so good at predicting stuff that doesn’t happen. lol Isn’t there… Continue reading The Daily View: There is NO Crisis, Donald Sterling, and Inflation

From Tech Crunch After Technology Destroys Capitalism Technology, labor, and capitalism are inseparable. In a perfectly competitive free market capitalist system, technology is the result or byproduct of firms competing with each other to gain an edge, but the consequence is employees lose their jobs as their skills become obsolete, so they will need to… Continue reading Can Technology Make Capitalism Obsolete?

According to the left, unless action is taken, our ‘democracy’ will be lost to the moneyed elites, or the ‘Oligarchy’. But is wealth inequality something to lose sleep over? Not for me, Silicon Valley, or Wall St. The left likes to believe, incorrectly, that America is a democracy, but it’s actually a constitutional republic founded… Continue reading America is Becoming an Oligarchy. So What?

Opinions are like buttholes, everyone has one and they all stink On the message boards and blogs, few subjects elicit as much discussion as pedagogy because we can all include our own personal experiences or the experiences of our children into the debate. Across the political spectrum, everyone has a solution to reforming education; unfortunately,… Continue reading Some Thoughts on Education

An Economy Driven By Rich People? Imagine a world in which those who work — or try to work— are given mere scraps. Imagine an economy that is driven purely by speculation by the wealthy, the gains of which are then spent in high-end stores, the source of employment for those lucky enough to have… Continue reading Why The Rich Deserve More

Wrong again Thus, I am not too optimistic about the future of this market if the geopolitical conflict is not resolved fast and financial conditions do not start to improve, especially as far as putting an end to an accelerating wealth inequality Thanks, pert, for listing the two exact things Wall St. DOESN’T care about.… Continue reading Priceactionlab Bad Analysis

Today’s good news: Low-wage jobs drive the recovery, says new report U.S. Stocks Gain on Internet Rally Amid Earnings Reports The New Gilded Age: A bigger con job than the first one We’re becoming over-coddled and spoiled. We grew up expecting a comfortable retirement, a good wage and stable employment. Millions of young people took… Continue reading Low Paying Jobs Create Economic Value

Everyone does it – speaking too soon, calling the top too early, predicting a bubble or crisis where none exists, etc. Josh Brown is the latest. Let’s see…on the very week he wrote this blog post, Air B&B secured a funding at a mind-blowing $10 billion valuation. So I guess the bursting of the rich… Continue reading Speaking Too Soon Again

More evidence big business, not small business, is the driver of the U.S. economy : American Dream Peddlers Lax federal oversight allowed lenders to repeatedly make bad loans to small businesses under a government program that has cost taxpayers $1.3 billion since 2000 on defaulted loans, a Dayton Daily News investigation found. Since the beginning… Continue reading More Evidence Bigger is Better