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NEWS PAPER OR MEDIA ARTICLES, ANYTHING INTERESTING
nipper
post Posted: Feb 18 2019, 04:30 PM
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QUOTE
social media-wielding Democrat congresswoman Alexandria Ocasio-Cortez cheered at the loss of so many jobs (with the announcement Amazon won't proceed with their NY second HQ), chalking it up as a win for grassroots activism.

"Anything is possible," she wrote in a Tweet. "Today was the day a group of dedicated, everyday New Yorkers & their neighbours defeated Amazon's corporate greed, its worker exploitation, and the power of the richest man in the world."

Seen by many as foolhardy gloating, Ocasio-Cortez's stance quickly drew heat, including from her own side.

"It used to be that we would protest wars, now we're protesting jobs," said Democrat Carolyn Maloney.
... also known as "Occasional Cortex"



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Feb 9 2019, 01:52 PM
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some may agree, many won't ... but worth a listen
Milton Friedman Speaks - Myths That Conceal Reality
QUOTE
Five myths cloud our perception of both the past and the present:
(1) The "robber baron" myth, which holds that in late nineteenth-century America there were powerful men who became rich at the expense of the poor. The reality is that they became wealthy by being productive, and that there is no other period in history which saw such a rapid and widespread improvement in the well-being of the average individual;
(2) The myth that the Great Depression was caused by a failure of business, when it was, in fact, produced by a failure of government and specifically by the Federal Reserve System;
(3) The myth that government in the economy has expanded in response to public demand, when, actually, the public has had to be sold "hard" for politicians to enact every major social program;
(4) The "free lunch" myth, which forces the individual to pay more, no matter how the government raises money - by taxing individuals, by taxing businesses, or by printing more money; and
(5) The myth that government, like Robin Hood, transfers wealth from the rich to the poor, when the reality is that the government usually transfers wealth and income from both the very rich and the very poor to those in the middle.

https://www.youtube.com/watch?v=xNc-xhH8kkk



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: mullokintyre  Pendragon  
 
mullokintyre
post Posted: Feb 8 2019, 05:40 PM
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Make no mistake, Donald Trump kicked off his campaign for 2020 on Tuesday night when he delivered the State of the Union address.

Expect "socialism" to become a very dirty word (if it isn't already).

"Here in the United States, we are alarmed by new calls to adopt socialism in our country," the President said, adding: "Tonight, we resolve that America will never be a socialist country".



From ABC NEWS



I would have thought that Dilma Rousseff in Brazil, Hugo Chavez and Nicholas Maduro in Argentina, Evo Morales in Bolivia, just to name a few, would have already made Socialism a dirty word in America.

Slightly off topic, Americas latest brightest influencer, the avowedly socialist Alexandria Ocasio-Cortez, has been rather cruelly nicknamed "Occasional Cortex", in reference to her seemingly talking before thinking.


Mick



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sent from my Olivetti Typewriter.

Said 'Thanks' for this post: henrietta  Pendragon  
 
nipper
post Posted: Jan 31 2019, 03:28 PM
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[At Davos], historian Rutger Bregman was speaking on a panel about taxes, and questioned billionaire attendees' use of fuel-guzzling private jets to come to a conference with a strong focus on tackling climate change.

"This is my first time at Davos and I find it quite a bewildering experience to be honest," he said. "I mean, 1,500 private jets flown in to hear David Attenborough speak about how we're wrecking the planet.

"I hear people talking the language of participation and justice and equality and transparency.

"But then almost no-one raises the real issue of tax avoidance, right, and of the rich just not paying their fair share.

"It feels like I'm at a firefighters' conference and no-one's allowed to speak about water."
https://mobile.abc.net.au/news/2019-01-31/d...speech/10766504



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: dr_dazmo  
 
henrietta
post Posted: Jan 30 2019, 11:53 AM
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The US will shiver this week in a once-in-a-generation deep freeze, forecasters warn.
The most extreme arctic blasts, caused by a spinning pool of cold air known as the polar vortex, could bring temperatures as low as -53C (-64F).


Where we lived in Alberta ,Canada, it was unusual, but still happened regularly in winter, that temperatures dropped below -45F and the propane would solidify in gas tanks.
Problem was that the propane was primarily used to heat the homes/ house trailers. Lighting fires under the propane tank was not advised, but still happened !!

Cheers
J

 
nipper
post Posted: Jan 11 2019, 10:24 AM
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How does your income compare

http://mattcowgill.com/2018/03/23/how-does...income-compare/



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 


triage
post Posted: Dec 13 2018, 06:08 PM
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In Reply To: mullokintyre's post @ Dec 13 2018, 03:56 PM

The Washington Post is running with the story with a major article on its website. All over red rover. Trying to impose a media blackout these days is as effective as having an ashtray on a motorbike.



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"The market can stay irrational longer than you can stay solvent." John Maynard Keynes

"The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought." Rudiger Dornbush

Mozart fixes everything and Messi is a dog
 
mullokintyre
post Posted: Dec 13 2018, 03:56 PM
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In Reply To: nipper's post @ Dec 13 2018, 12:57 PM

My nephew sent me a link from an overseas newsagency with all the details.
No wonder the media here in OZ are pissed orfr.
Mick



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sent from my Olivetti Typewriter.

Said 'Thanks' for this post: nipper  
 
nipper
post Posted: Dec 13 2018, 12:57 PM
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Typical of the guarded comment:
QUOTE
News9Stories

Significant breakthrough in case involving high-profile Australian
By 9News Staff - 7 hours ago

The media is unable to report any details of the case due to a court order.

A crime has been committed by a high-profile Australian with a worldwide reputation.

9NEWS is prevented reporting the identity of this person, details of their case and their crime.

9NEWS along with other members of the Australian media, are currently working to be able to bring you the full story.

The major newspapers are also restricted from reporting details of this story - and many are using their front pages today to express their anger and frustration at not being able to do so.

The case has highlighted the difficulty of trying to censor information in a digitally connected world.

It has attracted attention from international media outlets, with details being reported online.

Details of the case are being shared by members of the public online and on social media, by people who may be unaware of the potentially serious legal consequences of doing so.
https://amp-9news-com-au.cdn.ampproject.org...through-in-case



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Dec 13 2018, 12:56 PM
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In Reply To: mullokintyre's post @ Dec 13 2018, 12:34 PM

Careful, Mick!



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
 


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