Fed Chair Kevin Warsh thinks AI will make everything so cheap he'll have to slash rates.
So much for easy money Kevin.
It could deliver another everything bubble in stocks.
Or another Bidenflation.
AIPAC always wins in Washington.
As public support for Israel collapses among Americans, a majority of Congress (almost all GOP) vote to merge parts of the US and Israeli military, but stick it behind the Pentagon's top secret bureaucratic wall so nobody can see or debate it.
Die EU klagt gegen Irland, Spanien, Frankreich und Niederlande, weil sie das europäische Bespitzelungsprogramm abgelehnt haben.
Immer wieder das selbe Muster, wer sich nicht beugt wird verklagt.
Wir haben GENUG von dieser Brüsseler Diktatur!
Our federal student loan system is allowing financially iIIiterate students in their early 20s to take on up to $200,000+ in debt.
And that debt cannot be discharged in bankruptcy.
These degrees often have a pathway to very mediocre careers of $40K/year.
Every transsexual that you ever meet will treat you this way if you don't help it with its sex fantasies.
These are tragically lost young men who watched too much pornography and it burned out their brains.
Then their schools told them that their perversions were science and that anyone who doesn't help them is a Nazi.
Whoever orchestrated this mental destruction is unbelievably skilled. This is the enemy we're up against.
This is probably one of the most misunderstood consequences of our irresponsible currency expansion. If your investment rises 10% but inflation is 8%, your real increase in purchasing power is much smaller than the nominal gain. Yet capital gains tax is generally calculated on the nominal gain and not adjusted for inflation.
That means investors first have to overcome the erosion of purchasing power caused by inflation, then pay tax on gains that may partly reflect inflation rather than a real increase in wealth. Whether you think that’s good policy or not, it’s a system that can discourage long-term saving and productive investment. Australia should reward people who save, invest and build businesses, not quietly reduce the value of their money through inflation while taxing nominal gains as if every dollar represents new wealth. Sound money, fiscal discipline and a tax system that better reflects real economic gains would help create a more productive economy for future generations.
Legacy media predicted to lose half its audience as people go to AI instead.
Because it turns out AI slop is just as good as communist journalist slop -- but it's a lot cheaper.
In 10 years there may not be a legacy media.
Riots are what happens when the state decides some neighborhoods are expendable.
In 1992, after the Rodney King verdict, LA cops pulled back from Koreatown to protect Beverly Hills and West Hollywood instead.
So the Korean shop owners, a lot of them military vets, grabbed their rifles and defended their property from the rooftops themselves.
They still lost over 2,300 businesses, but they didn’t just hand everything over to the mob.
The people who romanticize riots as the sacred and righteous screams of the downtrodden don’t want you remembering this story, because it proves one thing they hate, that when the authorities won’t protect you, you have every right and every duty to protect what’s yours.
Every correct reaction to this behavior is illegal. That means your government and all of its laws are illegitimate.
A government that prevents you from doing what you should do is a government that deserves to be punished in famous ways.
Democrats basically admit they can’t win without non-citizen votes, so Republicans do absolutely nothing to pass proof of citizenship.
Strong swampy uniparty summer vibes.
More than 47,000 businesses collapse since Labor took power as construction, hospitality face greatest pressure.
Why is he still here?
https://t.co/E1ZsrwtKUr
People with zero children should not be allowed to run for office. They have no vested interest in the future of their country.
Example: Angela Merkel, the woman credited with destroying Germany's future by allowing millions of Muslims to invade.
- You: "My stocks went up 10%."
- Government: "Congratulations! That's taxable."
- You: "But inflation was 8%. I only really gained 2%."
- Government: "We tax the full 10%."
- You: "You tax the inflation you created?"
- Government: "Capital gains are capital gains."
- You: "So you profit from debasing my money twice?"
- Government: "You're not an economist."
“In many cases rent control appears to be the most efficient technique presently known to destroy a city — except for bombing.”
And Mamdani is apparently running the experiment in real time. He locked in a rent freeze for a million stabilized apartments in New York and wants to expand the whole system even further.
Over 80% of studies show rent control slashes new housing construction by destroying returns for builders.
93% of economists agree it reduces both the quantity and the quality of what’s available.
What you actually get is a shrinking pool of controlled units and higher rents on everything else in the city.
Because when you price something below what it costs to provide, less of it gets built. Every single time.
New York’s about to learn exactly how fast that rule still applies when the mayor’s the one enforcing it.
1 in 5 college students now reads at the level of a ten-year-old.
Then college takes $150,000 to teach them systemic oppression from a 29-year-old adjunct who lives in a Kia.
This clown-show costs you over a trillion dollars.
Anthony Albanese came out a month ago to tell everyone he wished people could only get their news from “trusted” sources
Well,
It’s just come out that Labor and Anthony Albanese are paying those “trusted” news sources
The corruption of this government is next level