Find More @ http://www.DailyRushbo.com
Your support is essential to Freedomain Radio, which is 100% funded by viewers like you. Please support the show by signing up for a monthly recurring donation or by making a one time donation at: http://www.freedomainradio….
Get more from Stefan Molyneux and Freedomain Radio including books, podcasts and other info at: http://www.freedomainradio.com
With no experience its not likely that he will succeed
Don’t think I would be a happy worker if I were a democrat and they decided after years of dedication to the party that they don’t need me as a worker – so why would I continue being a democrat?
Embattled DNC Asks All Staffers For Resignation Letters
by ALEX SEITZ-WALD
Democratic National Committee Chairman Tom Perez has launched a major reshuffling of the party’s organization that has been stung by recent crisis — and the DNC has requested the resignation letters of all current staffers be submitted by next month.
Party staff routinely see major turnover with a new boss and staffers were alerted earlier to expect such a move. However, the mass resignation letters will give Perez a chance to completely remake the DNC’s headquarters from scratch. Staffing had already reached unusual lows following a round of layoffs in December.
Immediately after Perez’ election in late…
View original post 689 more words
The Fed’s job has changed from stabling banking in 1913 to promoting means for the government to borrow money at low cost .i.e low interest rates which is creating a sovereign debt bubble (related to monetary policy) that will implode either slightly before or slightly after 2020
From Alhambra Investment Partners, by
What good would opening monetary policy do? The “audit the Fed” bill has been passed again, this time out of committee and possibly set for a floor vote in the House. Though questions remain about the Senate, with at least President Trump its prospects are better than at any time it passed before. Proponents of the idea want to make monetary policy an open matter, though it isn’t really clear why. They claim that secrecy is a hindrance or too much power, but in truth I fail to see much if any difference if the discussions were given to the public contemporarily.
View original post 1,222 more words
I wrote about this effect in my economics thesis in 1965 and the bottom is that you have to look at the distribution of IQ/Education and the shift has been away from the jobs in the average range of IQ/Education into the upper ranges i.e. from labor to tech jobs. What this means as the shift continues is very simple there will be fewer and fewer people ABLE to do the jobs that are created.
From Wolf Street, by Wolf Richter
But this isn’t the industrial revolution.
How many jobs do robots – whether mechanical robots or software – destroy? Do these destroyed jobs get replaced by the Great American Economy with better jobs? That’s the big discussion these days.
The answers have been soothing. Economists cite the industrial revolution. At the time, most humans replaced by machines found better paid, more productive, less back-breaking jobs. Productivity soared, and society overall, after some big dislocations, came out ahead. The same principle applies today, the soothsayers coo.
But this isn’t the industrial revolution. These days, robots and algorithms are everywhere, replacing not just manufacturing jobs but all kinds jobs in air-conditioned offices that paid big salaries and fat bonuses.
Just today, BlackRock announced a plan to consolidate $30 billion of their actively managed mutual fund activities with funds that are managed by algorithms and quantitative…
View original post 860 more words
More lower paying jobs than in the past with higher taxes, more expensive energy and food health care and school leaves less money for anything else.
From Crush the Street, by Joshua Enomoto
Amid the noise of the U.S. financial markets, one sector is quietly falling behind. So-called “one dollar” discount retailers, or dollar stores, have been conspicuous laggards in the current equities cycle. In fact, dollar stores enjoyed only a temporary respite from the “Trump rally.” Now, it seems as if they’re struggling to stay afloat.
Two of the most popular dollar stores — Dollar Tree, Inc. (NASDAQ:DLTR) and Dollar General Corp. (NYSE:DG) — are both underwater in terms of year-to-date performances. DLTR stock is the least affected between the two, down nearly 2%, whereas DG stock has shed a more disconcerting 7% in the markets. Both suffered severe choppiness and volatility in 2016, and the situation does not seem very promising for the rest of 2017.
On the surface level, the bearishness towards discount retailers might be thought of as bullish…
View original post 307 more words
And there goes the 1st amendment in CA and soon in all other Blue state as well.
By Robert Barnes
California law long criminalizedrecording a person without their consent. This law has never before been applied to a journalist engaged in undercover reporting. It hasnow.
The California Attorney General just issued a criminal complaint against two anti-abortion documentary journalists for their undercover videos about Planned Parenthood activity concerning aborted baby parts. It may be the liberal Attorney General assumes his highly selective choice to only prosecute anti-abortion documentarians will allow journalists to turn a blind eye to the extraordinary application of this law to undercover reporting that is common-place in California.
Section 632 of the California Criminal code makes it a crime to “intentionally” and “without the consent of all parties” record a conversation if that conversation is a “confidential communication.” A conversation is, by law, not confidential if there is not a reasonable expectation it cannot be overheard. A conversation is, by law…
View original post 346 more words