Tax and Spend

Global warming frauds claim satellites are their entitlement.

Only 20 House Republicans vote against $4 trillion budget. Only Rand Paul voted against it in the Senate.

Bad Republicans.

Tax cuts without spending cuts won't grow the economy.

IRS data mines social media to identify whom to audit.

Welfare makes us less civilized.

Hawaii considers universal basic income out of fear of robots.

Tax Foundation ranking of state business tax climates.

Economy

Microsoft nearing $1 trillion valuation, mostly thanks to android patents.

"Microsoft is generating $2 billion per year in revenue from Android patent royalties, says Nomura analyst Rick Sherlund in a new note on the company.
He estimates that the Android revenue has a 95% margin, so it's pretty much all profit. 
This money, says Sherlund, helps Microsoft hide the fact that its mobile and Xbox groups are burning serious cash. "

Thank the government.

Apple hits record high.

Alan Greenspan suddenly remembers gold is money.

Economic globalization versus political globalization.

Testosterone blamed for bubbles.

Another woman's retailers goes bankrupt.

"BCBG is just one of many retailers to announce store closures in 2017. The Limited shut down all brick-and-mortar locations, including local stores, and also filed for bankruptcy. Macy’s, Sears, Kmart and Ann Taylor will also cut select locations."

Nine retailers closing stores nationwide, but the economy is fine.

The bubble will soon pop despite Trump's reforms.

Big data will not enable a centrally planned economy.

GDP and ZIRP prove the economy is still bad contrary to the hype.


Skepticism of AI concerns voiced by plutocrats.
We need robots to take jobs.

Home ownership rate in 2016 lowest since 1965.

Technology can't prevent recessions because they are caused by misallocation of resources due to low interest rates and artificial credit.

Fractional reserve banking would be limited in a free market.

Bonds containing risky mortgages receive AAA rating as they did in 2007-2008.

There are no Christmas presents in broken Venezuela.

Ten fundamental laws of economics.

Inflation is about the money supply, not prices. Price inflation is a product of monetary inflation.

The correct definition of money is important.

Socialism

Ransomwear shuts down Licking County, Ohio government. Lucky people.

Crooks claim big data will make central planning effective. It won't.

Socialism

Big data is becoming the world's central planner.

Police State

Police systematically abuse confidential databases nationwide just as one would expect.

Police State

Internet is world's largest surveillance network.

App mines social media for landlords, and NSA.

Microsoft compiler automatically inserts telemetry function calls into C++ code.

Police State

DNI Clapper credits Snowden with advancing encryption by seven years, but he thinks it's a bad things.

Great quote from Glenn Greenwald.

The CIA is not only collecting all your data, it's trolling you too.

Police State

CIA investing heavily in firms that do social media mining and surveillance.

Police State

UN court rules in favor of Julian Assange for being unlawfully detained for five years.

Data mining your information gets scarier.

Police State

Big data can't predict the future.

War

Army using big data to predict which soldiers will commit violent crimes.

US refuses to say why it attacked hospital in Afghanistan.

Syrian rebels use US anti-tank missiles against Russian tanks. It's a proxy war for sure.

"More missiles are on the way, he said. New supplies arrived after the Russian deployments began, he said, and the rebels’ allies have promised further deliveries soon, bringing echoes of the role played by U.S.-supplied Stinger antiaircraft missiles in forcing the Soviet Union to withdraw from Afghanistan in the 1980s."

The insanity will continue.