Sunday, March 29, 2015

A 26-year-old MIT graduate is turning heads over his theory that income inequality is actually about housing (in 1 graph)

Wednesday, March 18, 2015

Complte Lies!! Hands Up, Don't Shoot' Movement Built On False Rumors, Columnist Says

NPR's Melissa Block interviews Washington Post opinion writer Jonathan Capehart about his column, " 'Hands Up, Don't Shoot' Was Built On A Lie." Capehart says he regrets the building of a movement on the false rumors that Michael Brown was shot in Ferguson, Mo., while putting up his hands in surrender.


Tuesday, March 17, 2015

Race Baiting And Ferguson

Race Baiting And Ferguson

Monday, March 16, 2015

The most recent news from Ferguson concerns what Eric Holder has rightly called the “ambush shooting” of two police officers outside the city’s police department. This incident occurred in the wake of two detailed reports released by the Department of Justice. The first report deals in depth with the shooting of Michael Brown by Ferguson police officer Darren Wilson. The report recommended that the case against him be closed. The second DOJ report contained a scathing indictment of the sad state of affairs within the entire criminal justice system of Ferguson. The combined effect of these two reports is likely to make matters worse in Ferguson by combining the back-handed exoneration of Darren Wilson with the unstinting condemnation of the City of Ferguson.

Saturday, March 14, 2015

TIME gives Clinton horns on cover

Cartoon of the day!

Sunday, March 8, 2015

Is Congress Enabling The 'Disabling' Of America?

Sometime next year Social Security’s $150 billion disability-insurance program will become insolvent. Congressional loosening of benefit requirements, and more-importantly allowing people to remain on disability effectively for life once they gain it (less than 1% of the people on disability return to the workforce in any given year) make the problem one that is utterly intractable without major changes. And so Congress' bipartisan Social Security Advisory Board has urged shifting funds to the Social Security disability fund from the Social Security retirement fund.

Wednesday, March 4, 2015

King v. Burwell

King v. Burwell

The Scariest Spreadsheet In Fed Possession Revealed

iT'S COMING FOLKS.  Time to start hedging your portfolio.  Typical, risky government policies to stimulate the economy which just pushes the can down the road, is coming to light.

Submitted by Tyler Durden on 03/04/2015 12:14 -0500

Yesterday we reported that over the past few weeks, something very disturbing has taken place at the Atlanta Fed Center for Quantitative Economic Research, which keeps a model, called GDPNow, that mimics the methods used by the BEA to estimate real GDP growth.
According to the AtlantaFed, "the GDPNow forecast is constructed by aggregating statistical model forecasts of 13 subcomponents that comprise GDP. Other private forecasters use similar approaches to “nowcast” GDP growth. However, these forecasts are not updated more than once a month or quarter, are not publicly available, or do not have forecasts of the subcomponents of GDP that add “color” to the top-line number. The Atlanta Fed GDPNow model fills these three voids."
In other words, what the AtlantaFed has done is recreate the bean-counting methodology used by the BEA, and all other forecastsers, however instead of using monthly data update cadence, it does so with data in real time.
This is a problem because as we showed yesterday, this most real-time model of GDP estimation, is showing something scary: a 1.2% GDP in Q1 compared to consensus estimates in the mid-2% range, and a tumble of more than 1% to just what this same model predicted Q1 GDP would be one month ago!

Tuesday, March 3, 2015

Going Viral! Allen West’s TOP 10 Reasons to Vote Democrat (You’ll Love This!)

Former Congressman Allen West is a conservative rock star, and his speech at CPAC earned him multiple standing ovations. He understands the threat of radical Islam, and knows how dangerous America’s president is.
But not only is he conservative, he’s a brilliant writer. You will love his highly popular list of the Top 10 Reasons to Vote Democrat!

Read more:


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