Clinton Adviser, Nobel Prize Winning Economist Endorsed Venezuelan Socialism

Oh, there’s a whole crew of Americans who were/are on the wrong side of this one. It would be sweet to see them sweat if it weren’t for the suffering of the Venezuelan people. (A country which should be rich.)

Viva la libertad! Viva Venezuela!

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We need to know the algorithms the government uses to make important decisions about us

Good luck getting that information.

If one is in high school right now and one is considering which career path to take I strongly suggest learning how to write and manipulate algorithms. Our world is already deeply influenced by algos, from our social media to our grocery purchases. Their importance in our lives will only grow.

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A collection of VA scandals over the past few years (Too many to list in one post)

This is not exhaustive but in light of the recent statement by the Veterans Affairs chief comparing waiting for treatment at VA hospitals to waiting in line at Disney World we figured we’d post some of the other VA stories we’ve done relatively recently. The level of dysfunction at the agency is remarkable. This is what “single payer” healthcare looks like, slow, red tape, top heavy crony administration, people dying waiting for treatment.

 

307,000 veterans died awaiting Veterans Affairs health care,

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European Union co-funded Cannes winner “I, Daniel Blake” (A subtle propaganda?)

Cocktails and only the right kind of politics please.

I have to say that I was not in Cannes this year as I had kids to take care of, the dog needed a bath, and my Learjet is in the shop. (Maybe next year.) Nor have I seen I, Daniel Blake. (Which I have no doubt is extremely well done.) But it is interesting that the most celebrated movie of the festival was funded to some extent by the European Union.

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58 Percent of Voters Willing To Go With Someone Other Than Trump or Clinton

Winds of change are blowing.

That feels about right. And it should be remembered that the state as we know it is very much a product of the 20th Century. Just as highly centralized, highly hierarchical corporations are. Corporations have been forced to adjust to the new less centralized world (though this is ongoing), governments are just beginning to feel the winds of change.

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Head of Hungarian central bank “has funneled the equivalent of almost $1 billion to six foundations he set up”

$1 billion is a lot of money, even in the United States. In tiny Hungary it is however a massive sum. This, according to a report from Bloomberg is the amount the head of the Hungarian central bank has siphoned off for himself, friends, and allies in just 3 years. It appears to be a brazen and Putinesque (not a coincidence) act of crony capitalism. And Hungary is not the wealthiest country in Europe either.

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Will the cronies lose? Will Britain vote for Brexit? Will the UK leave the European Union? Will sanity win?

Lord, we certainly hope so. Britain should run at a deliberate pace away from Brussels and never look back. Never look back.

Be friendly with Europe. Do business with Europe, (they want to do business with you) but know that you are better Britain, our friend, as a sovereign state.

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How the West (and the Rest) Got Rich

I find it funny (and terribly sad) that so many supposedly informed and educated people don’t understand what a miracle capitalism (and the Western tradition, including English common law) truly is. Many of us, perhaps most of us wouldn’t even be alive today if it was not for the concepts which spread from northwestern Europe, to North America, and then beyond. We live in amazing wealth. Even the poor in the West have amazing wealth relative to the poor throughout history and relative to parts of the world where commerce is stifled by statism,

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Chicago’s Pension-Fund Woes Just Became $11.5 Billion Bigger

The folks in Washington are trying to bail out Puerto Rico with taxpayer money. Watch, as Illinois and other states and cities with massive government sectors and high taxes continue to crumble they will start agitating for their own bailouts. Again I say it’s time to consider carving out the big cities. They seem to hold the rest of the country in contempt anyway. I say let the big government islands bail themselves out if they fail to come to terms with fiscal reality.

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Panama Papers: Communist Cuban Officials Also Owned Offshore Firms

This should surprise no one. Socialism is inherently crony.

Hugo “Sr. Bolivarian Revolution” Chavez has a daughter who somehow became a billionaire. According to an old Anthony Bordain episode I watched last night Daniel Ortega in Nicaragua is worth hundreds of millions of dollars. The Castros are sitting pretty. As was the now disgraced and deposed former president of Brazil Dilma Rouseff.

The state is a great way to steal.

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