People over 50 carrying much more debt than in the past, this could be dangerous

I certainly see it where I live. Across the street from me are homes which are in the $500k-$1 million range (my neighborhood is nice but more modest) and it is filled with retirees, most of whom built their homes in the period after the 2008 Crash. These were the folks who had money during those particularly lean times. The only people who could get a mortgage. Indeed at least some of these people probably paid cash for their homes.

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Elizabeth Warren asks CDC to consider legal marijuana as alternative painkiller

We obviously have issues with Senator Warren on many issues. However we are pleased to see her raising this particular issue. Cannabis, marijuana, pot, shouldn’t be illegal. Pot prohibition is a vestige of a less informed time. In the land of the free lighting up a joint should not be illegal.

But one of the reasons weed remains illegal is because it is by far the most used recreational drug in the USA and as such the pursuit of it gives law enforcement something to do.

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More Crony Media: New Emails Show Press Literally Taking Orders From Hillary

As I have said before I believe I have seen first hand how “biased” the crony media can be. But it’s a little different than how some conservatives portray the bias. They see often only the leftward bent. But it is a special kind of leftward bent in the crony media, one which is very pro-corporate. NBC, CBS, ABC, CNN, The New York Times, The Washington Post, The LA Times, all the old media is solidly left of center. And each one of these outlets have corporate masters.

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Crony Media: Debate moderator Woodruff, Fox News parent company gave to Clinton Foundation, A list of media people/groups who have given

So as we have just learned, Judy Woodruff, PBS anchor and recent Democratic debate moderator gave to the Clinton Foundation, something which in our opinion should have disqualified her for the moderator job.

(From Breitbart)

Co-moderator Judy Woodruff happens to be a donor to the Clinton Foundation, and faced criticism from the PBS ombudsman in 2015 for giving to the Clintons.

Woodruff is one of several journalists who has contributed to the Clinton Foundation,

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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 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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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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