Einar Isleifsson

[Camus @newstart_2024]

Fatherlessness is the real inequality.

Boys without their biological dad are twice as likely to land in prison by 30. It beats poverty or race as a predictor. In broken homes, young men are more likely to end up jailed than graduate college.

Depression? Doubled for boys. Ten times higher for girls.

Chris Williamson just dropped this on Tucker: while fatherlessness exploded over 50 years, the old paths to purpose vanished. Boys, supposedly the tough ones, wilt like daisies without dad. Girls, the “dandelions,” prove even more fragile.

The fundamentals are breaking. What replaces them?

What’s one family shift you’ve witnessed that changed everything?

[Áhorfandinn @flamptiton]

Á Ísland að sækja um inngöngu í Evrópusambandið?

Rökin með og á móti inngöngu virðast jafnvíg samkvæmt fjölmiðlum og áhrifafólki ríkisstjórnarinnar.

#esb

[Handre @Handre]

Two small island economies blew up in 2008. Iceland and Ireland. Their names differ by one letter, and their handling of the crisis differed by everything that matters.

Iceland's three big banks, Kaupthing, Landsbanki, and Glitnir, had grown assets to roughly ten times the country's GDP by 2008. Pure credit-fueled madness. When the music stopped, the Icelandic government did the unthinkable: it let them fail. Bondholders ate the losses. The state refused to socialize private bank debt onto 320,000 citizens who never signed up for it. Capital controls went up, the króna collapsed, and the politicians actually prosecuted bankers. Twenty-six of them went to prison. Sigurður Einarsson and Hreiðar Már Sigurðsson, the men who ran Kaupthing, served real sentences.

Ireland took the opposite road. In September 2008, the Irish government issued a blanket guarantee covering the liabilities of its major banks, including Anglo Irish Bank, a property-lending casino that should have been allowed to die in peace. The taxpayer absorbed the bill. By the time the rescue ended, Ireland had poured around 64 billion euros into its banks, roughly 40 percent of GDP. The state took on private gambling debts, then went to the Troika in 2010 hat in hand for an 85 billion euro bailout, and accepted years of austerity to pay for losses it had no business owning.

Both economies recovered. Both eventually grew again. The difference is who paid and who learned. Iceland made creditors and reckless bankers bear the consequences of their own decisions, which is the entire point of capitalism: profit and loss, not profit and bailout. Ireland protected the people who made the bad bets and handed the invoice to schoolteachers and shopkeepers.

You will hear economists call Ireland's GDP rebound a triumph (much of that "growth" is multinational accounting fiction, Leprechaun economics, but that's another lesson). What they skip is the moral architecture. When you guarantee bank liabilities, you abolish the discipline that makes markets work. You tell every banker in the country that downside is optional.

Iceland jailed its bankers. Ireland reimbursed theirs.

[Science girl @sciencegirl]

This tree witnessed every major event of human history

[Elon Musk @elonmusk]

The car that used to be in my garage is currently in an Earth-Mars elliptical orbit and will be there for at least 10 million years

[Massimo @Rainmaker1973]

The original cars with their much larger restyling versions issued years later

[📹 roma_urraco]

[Massimo @Rainmaker1973]

How life changed

[Aviation @xAviation]

A pilot experiences engine failure at just 600 feet and manages to pull off a perfect emergency landing in an open field. Talk about nerves of steel!

📹: straightandlevelcfi

[Science girl @sciencegirl]

Life on a ship https://t.co/tECLL53ZPB

[Liz Churchill @liz_churchill10]

A veteran nurse just dropped the BOMBSHELL…patients didn’t die of ‘Covid’…they died FROM the protocols.

Hospitals raked in TENS OF THOUSANDS per labeled ‘Covid Death’ while the wards stayed half-empty.

It was murder for money.

They knew. They lied.

[Science girl @sciencegirl]

Artist Andrew Scott brings art to life by making the frame part of the art

📹 andrewscott_art

[Science girl @sciencegirl]

Once upon a time, before the internet …

[Katharine Birbalsingh @Miss_Snuffy]

This is so funny. 😂😂

[Science girl @sciencegirl]

Award-winning acting from these lovebirds

[illuminatibot @iluminatibot]

Hands down, one of the best explanations on inflation by a politician that you'll ever hear.

[Glenn Diesen @Glenn_Diesen]

The war in Ukraine is also an American war. The US toppled the government in Ukraine in 2014, selected its new government, hijacked its intelligence services, built secret CIA bases along the Russian border, armed and trained right-wing groups to attack Donbas and have veto power over Ukrainian voters' demand for peace, cancelled Zelensky's peace mandate in 2019, hijacked its civil society with "NGOs", built a large proxy army in Ukraine, supported the purging of Ukraine's media, political opposition, and the Orthodox Church, and sabotaged the Minsk peace agreement. After Russia invaded, the US sabotaged the Istanbul negotiations, shut down diplomacy, and provided most of the weapons, ammunition, logistics, intelligence, targeting, and war planning for Ukraine. The objective of the US has been the strategic defeat of Russia as a rival centre of power, to be achieved by fighting to the last Ukrainian and the last euro. Suggesting that the US selflessly "helped" Europe in Ukraine is an absurd argument that even contradicts Trump's previous statements that this has been a proxy war provoked by NATO expansionism. Europe should not receive more "help", and NATO should be dissolved.

[Science girl @sciencegirl]

How Michelin invented restaurant stars to sell more tyres

[Science girl @sciencegirl]

This artist plays one of Vivaldi’s most difficult pieces on his accordion, a work that is normally performed by a whole orchestra

[Joe Rogan Podcast News @joeroganhq]

"If I could take only 5 supplements for the rest of my life, this is exactly what I would take."

[Thomas Sowell Quotes @ThomasSowell]

A must watch. This video is over 30 years old.