This is interesting, Head of Democratic Party can’t explain difference between “a Democrat and a socialist.” (VIDEO)

“I used to think there was a big difference.” – Chris Matthews

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To be fair Debbie isn’t really running things. She has bosses who determine direction. But even still.

Kudos to Chris Matthews for a good question.

Bernie is pushing the Dems in interesting directions and creating contrasts and shadows where there weren’t ones before.

Trump is doing similar things in the GOP.

Fun to watch.

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Cabbies (likely cabbies) go berserk in Mexico City, attacking Uber drivers (Video)

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The enemies of progress (real progress) always lash out when bested. They fear the market. They fear the free flow of prices and the competition it brings.

Things change. Buggy whip companies go bust. So do cab companies. Sorry, my suggestion is that you learn how to do a better job than the Uber drivers.

Most of us over the age of 35 have seen massive changes to our livelihoods. I certainly have. This is the nature of the economy. Thankfully a changing economy is also an economy which is full of new opportunities.

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Boo hoo, Boeing cries over potential loss of taxpayer underwritten bank, Threatens to move many operations overseas?

Image: FITS News

Image: FITS News

OK, so you lose Ex-Im and the sweetheart deal which goes with it. So you decide to take your ball and go play – wherever – outside of the United States. Fine.

But it seems reasonable then, going forward, not to award Boeing any lucrative military projects. That’s only fair. Go live off the Swedish taxpayers. They like socialism.

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BET Reports: Black Teens Are Fired When the Minimum Wage Rises

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As we’ve argued many times before, arbitrarily raising the minimum wage, particularly to a level which is far above the real wage rate is an idiotic move. It creates unemployment for low wage earners, and in many cases for the people who formerly employed low wage earners. A “living wage” sounds nice. It sells to economically unsophisticated people. But a job doesn’t suddenly become “worth” more just because the government declares that it is. One can not revoke gravity. Likewise one can not revoke supply and demand.

Magic is not real, no matter what the politicians say.

This is an old article, but given the current debate it is worthy of a post.

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How People Outpace Politicians

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(From FEE)

Maybe there was a time when the political culture seemed to keep up with the pace of innovation. If so, those times are long gone. The rhetoric of electoral politics is exposing the great rift in civic life.

The tools we use every day, the technologies we love, the way we engage each other, the means by which our lives are improving are a consequences of innovation, markets, community, and globalization — that is, by the interactions of free people. Not by politics. And not by the systems politics creates.

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Defense Department expected to announce the winner of a lucrative contract to overhaul the military’s electronic health records system this week

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And guess what? The likely winner (according to this article) writes a lot of checks to politicians in Washington DC.

The goal here is big data. Managing population health – not your health necessarily. And people are going to make big bucks (taxpayer bucks) in the process.

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The CTA Empire Strikes Back

By Ed Ring, executive director, California Policy Center

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Emperor Palpatine: There is a great disturbance in the Force.
Darth Vader: I have felt it.
Emperor Palpatine: We have a new enemy, the young Rebel…
Darth Vader: How is that possible?
Emperor Palpatine: Search your feelings, Lord Vader. You know it to be true. He could destroy us. The Force is strong with him.
– Quote (edited for brevity) from Star Wars Episode V: The Empire Strikes Back, 1980

There are indeed great disturbances in the force. There are indeed challenges to the imperial monopoly that, for nearly 40 years, has eroded the quality and escalated the costs for California’s system of public K-12 education. And the imperial stormtroopers who enforce their educational edicts on California’s state legislature, its thousands of public school boards, and by extension, millions of parents and children, are all part of an evil empire called the California Teachers Association, or CTA. In plain English, the teachers union.

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Market Manipulation Goes Global (Are you prepared for a hubris driven downdraft?)

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It hasn’t GONE global. Its long been global and on a massive scale. But China is freaking people out.

Play this game if you want. But understand that it is a game which is run by cronies, for cronies, and that cronies are very fallible. Can you handle the kind of downdraft which may come when reality catches up with the hubris of central bankers?

It’s an important question, and one which should be asked when things (in the USA) are still relatively calm.

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A bit of sanity: Boston doesn’t want crony Olympics after all

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The Olympics it seems to me and many people is a massive crony works program. Good to see the mayor of Boston pull the plug before his residents find themselves on the hook for hundreds of millions of dollars. (More?)

In fairness Athens hosted the Olympics recently and look at it now.

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People living in countries with high levels of economic freedom are happier and have greater life satisfaction

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Seems obvious to many of us but still there are many who don’t understand that liberty leads to greater human actualization. This actualization leads to a more satisfying life generally.

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Jon Stewart’s secret White House visits

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Cultivating this relationship was smart for the President. It’s a good way to keep tabs on (and to manipulate potentially) tone with an influential young(er) and politically motivated demographic.

It is also unfortunately another great example of the #CRONYMEDIA.

It might be “fake news” (as Stewart often says) but one could make the case that sometimes Jon’s product ventured a little close to the propaganda line. It may be smart. He may be smart. But if Stewart is meeting with the President secretly during particularly sensitive times for narrative creation, propaganda may not be too strong a word.

I like Jon Stewart. I’ve watched him since his show on MTV. But it’s best that he’s leaving now.

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