Big (Data) Brother Cometh: Beijing tracks the elderly as they take buses, go shopping

This might look like a mess to you and me. But for the right algorithm the data is clear as day.

It’s not just the elderly and its not just the Chinese.

Read More

How The Senate Just Took “A Hatchet To American Liberty”

We don’t agree with all of Senator Wyden’s positions but he is pretty darn good on most things privacy. We appreciate his protest.

The only way this sort of thing will stop is if everyday people get angry enough to make it stop. It’s death by a thousand privacy cuts. A little bit of our dignity and sovereignty taken every day.

Read More

Jamba Juice Flees High-Cost California for Texas

When the smoothie guys are leaving California for the Lone Star State one can rest assured that there is something going wrong on the West Coast.

I love California. It’s beautiful. I find the people to be pleasant for the most part. The weather is fantastic in most of the state. But I would never ever start a business there. Talk about just asking to be abused.

Read More

David Stockman: Fed to Push Economy Into Recession

Stockman is deeply critical of the Fed’s grand experiment and he is right, it will end in ugliness. Probably an historic ugliness. When? No one can say, we are operating in sort of an economic hall of mirrors right now. (And have been for a long time.) Things are distorted all over the place. However, even in a hall of mirrors gravity continues to work. Like gravity, the market mechanism also continues to work no matter what the current economic reflection.

Read More

As hunger stalks Venezuela, government encourages city-dwellers to start planting

Apartment friendly potatoes.

Gardens are almost always a good idea. In a country like Venezuela which for the most part is quite verdant naturally and which has a completely dysfunctional economy this is especially the case.

Of course for urbanites (and a good part of the Venezuelan population is urban) to revert to subsistence farming is a challenge to say the least. Venezuela is in desperate need of economic liberalization. It is in desperate need of new leadership.

Read More

Bank of America’s Winning Excuse: We Didn’t Mean To

I remember those days so well. They are burned into my memory. I remember Bank of America taking over Countrywide just as anyone who was paying attention could see that the country and the world was in for a calamitous downturn in housing. A downturn from which much of the world still has not recovered. I remember wondering why B of A would expose itself to all the nastiness which was embedded in Countrywide. Why would such a large and powerful bank,

Read More

This is modern Europe, Britain save yourself, Vote Brexit – This is acceptable behavior now in Calais France? (Video)

I was just speaking to an engineer who is originally from Trinidad who expressed hope that Britain will come to its senses and will vote for Brexit. He has family in the UK and knows well the incompetence of the bureaucrats in Brussels.

How can the Europeans allow this to happen to them? Is the welfare state so worth preserving (good luck with that) that you guys are willing to flush what you have down the toilet?

Read More

For First Time in Modern Era, Living With Parents Edges Out Other Living Arrangements for 18- to 34-Year-Olds

Well, some people want the US to be more like Europe. So congrats. In Italy for instance it’s perfectly natural for 30 year old Giuseppe to live off of his parents. That’s the expectation in many cases and it is a reflection not only of a culture but of a poorer society and a less dynamic middle class.

That our president has promoted the below kind of post adolescent adolescence isn’t helpful either.

(From Pew Research)

In addition,

Read More

The Anger of the Unprivileged Is Rising Globally

This goes nicely with the previous post.

People are waking up. They are using the information at their disposal. Do not take this information for granted.

Read More

Brzezinski: It Feels Like Hillary Clinton is ‘Lying Straight Out’ About Her Emails

A key part of cronyism is the the idea that the connected, the political class, gets to play by different rules than the rest of us. The idea that wealth and status within the Washington “court” gives some a free ride. That these are the people who wish to “lead” the American people is particularly challenging to those of us who are aware of this tiered system of justice.

Read More

Legalized pot in N.J. a $300 million tax jackpot?

Pot should be legal. It should be totally legal. (Not that we condone its use.) Saying that, under the Constitution and per the 10th Amendment, cannabis is an issue which the states individually should decide. In many respects, in the most obvious case of legal nullification to date, that is exactly what’s going on across the nation. This is legitimate progress. Legal cannabis isn’t going to end the world. The sun will still come up. People will still go to church.

Read More

Fmr. McDonald’s USA CEO: $35K Robots Cheaper Than Hiring at $15 Per Hour – says we’ll see job losses like we’ve never seen

And the robots will only get better and cheaper.

Again we ask how it is that the SEIU and the other unions agitatiting for a radically higher minimum wage don’t understand that they are putting people out of work?

My bet actually is that they do understand that there will be big job losses but that they figure in the short term in states like California and New York there is hay to be made and perhaps new union dues to extract.

Read More

Venezuela crisis: When daily life turns into a nightmare (VIDEO)

Nicholas Maduro with the now suspended (also socialist) president of Brazil Dilma Rouseff.

An excellent report from France 24.

Socialism is subsidized by real wealth. In Venezuela’s case it was oil wealth. That was the “fat” which made fake prices and closed markets possible, for a time. But as real wealth disappears and is not replenished socialism quickly erodes. Unfortunately those running the socialist machine, the cronies (socialism and crony capitalism are cousins if not one and the same,

Read More

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!

Read More