The world can’t afford another financial crash – it could destroy capitalism as we know it

This is an issue which we need to revisit soon, and we will at greater length. And there is is some validity to this fear.

First, the Crash of 2008 was a crash caused by central planning. It was the Federal Reserve which created the necessary climate for the Crash. The planners screwed up royally. They kept interest rates too low for too long and everyone came to believe that there was a “Greenspan Put” built into the stock market.

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The Dawn of Killer Robots (Full Length Video)

Tax funded terminators.

Warfare is changing very quickly. It will influence policing and all sorts of other things also.

Fundamentally robots are just tools, very sophisticated tools, but tools. The technology can be used for both good and bad.

However, it’s probably best to pay close attention to developments in this space.

Below is a video from VICE which explores where all this is going.

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“The largest macro imbalance the world has ever seen.”: China banks may lose 5 times US banks’ subprime losses in credit crisis

Consider that according to Bass (one of the few investors to win big during the last recession) the exposure of Chinese banks (and others) to their domestic property bubble is 5 times that of US banks during our recent bubble. China’s economy is still 2nd to the American in terms of size. Consider the impact of a property bubble 5 times the size of ours in an economy which is smaller than ours. Consider also that China is run by a Communist Party which is very keen on staying in power and has a history of using extraordinary force in times of crisis.

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A president who is truly out of touch: With the economy declining – possible worldwide recession, Obama wants huge new taxes on fuel

We like “green” energy. The water in my childhood home in the 80s was heated by solar panels. We like wind, and the rest. But we like it within the market.

Green energy can exist within the market despite what many people believe. In a world of 6 billion people and growing there is absolutely a market for cleaner energy sources. In many parts of the world solar particularly makes sense on micro levels. Lives can be made better with solar.

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Here’s How Much More Money Obama Wants For Global Warming Programs

Believe it or not I actually attended this rally as an observer. I marched along with everyone and everything. It was literally the coldest day of the winter which was kind of funny.

This is not the venue to discuss global warming, or climate change, or whatever. I have friends in the environmental movement for whom climate change is an important issue and one they take very seriously. I have been fortunate to hear their perspectives over the years and they have informed me on the issue.

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Ouch: Flint water crisis: residents say Hillary Clinton ‘coming for the entertainment’

I am sure Ms. Clinton will be focusing on the fact that the EPA knew that there was lead in Flint’s water for 1 full YEAR without making the information public. I’m am also sure she’ll be calling for massive reforms at the agency and exploring fully how it could be that the federal government allowed thousands to be poisoned. Almost positive that will be her area of attention.

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Money is Fleeing the Ultimate Crony Capitalist State, China, and it is Destabilizing

“Even I keep my money in Switzerland these days.”

China is not such a good place to keep money medium to long term as it turns out. The wealthy in China are “deeply distrustful” of policy makers. As such many are getting out of China if they can. Beijing is concerned, probably panicking in light of all of the money which is flowing out of the country. And as China is in many respects a black box (perhaps a grey box) people with money can only assume that things are bad and so that compounds the Chinese “problem.”

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Clinton says she’ll release Goldman speeches when others release their private speeches, Howard Dean attack Sanders’s union support?

“Labor unions are super PACs. Now they’re super PACs that we like, so Democrats don’t go after labor unions.” -Howard Dean

This is not a bad rhetorical tack as it is basically the only one Hillary has if she wants to continue to hide the transcripts. (By the way, there has got to be someone who recorded those speeches on their phone. Must be.)

And Howard Dean, Mr. Moveon.org, Mr. “Progressive” is attacking Bernie Sanders for his connections to unions?

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EPA has No Answer (on) Why They Didn’t Inform Public About Lead Water 1 Yr Ago

As we’ve said before, imagine if a private company knew that Flint’s water was full of lead for A YEAR and didn’t make sure the public knew about it one way or another?

But the EPA? Well, there are rules for private citizens and then there are rules for cronies in government. (As we see time and again.)

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