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Why Conservatives Should Praise God for the Supreme Court's Gay Marriage Decision

The range of Republican opinion on the Supreme Court’s declaration of a constitutional right to same-sex marriage extends from Mike Huckabee, who wants a constitutional...



Common Sense: If Greece Defaults, Imagine Argentina, but Much Worse

The Greek debt crisis has similarities to Argentina’s default in 2001. But experts say a default would be much worse for...



French Chemical Factory Hit by Terror Attack

A chemical factory in southeastern France was targeted in a suspected terrorist attack, leaving at least one person dead, two police officers...



Facebook Adds Videos Tab to Page Insights

Facebook accommodated the explosion in the popularity of videos posted by pages with the addition of a videos tab to its page insights. Page administrators now have access to aggregate information on views, 30-second views, top videos within a...



A note on Greece

  - by New Deal democratCullen Roche of Pragmatic Capitalism has a good post up on Greece this morning. Basically I agree up until his forecast. He thinks Greece will stay in the Euro and suffer the consequences because...



Michael Wolff’s New Book Celebrates The Success Of Old Media

Michael Wolff's New Book Celebrates The Success Of Old Media by Jonathan A. Knee, DealBook The idea of a publication of any new Michael Wolff book inevitably elicits discomfort in those likely to come into his line of fire. Mr. Wolff’s studied...



Nearly Every Republican Candidate Refuses to Accept That Obamacare Is Here to Stay

The Supreme Court upheld a key provision in the Affordable Care Act on Thursday, prompting President Barack Obama to...



The Most Absurd Supreme Court Conspiracy Theory You'll Read Today

The Supreme Court’s decision on Thursday morning to uphold a key provision of the Affordable Care Act has infuriated Republicans,...



'Please Stop Hurting Poor People With Your Skills Training Programs'

 Chris Blattman: Dear governments and aid agencies: Please stop hurting poor people with your skills training programs: Here is an incredible number: From 2002 to 2012 the World Bank and its client governments invested $9 billion dollars...



Trade and growth – end of an era?

The world’s trade-to-GDP ratio climbed steadily for six decades. The rise slowed even before the Global Crisis and world trade growth has been anaemic since 2010. Recent data shows it declining, leading some to wonder whether global trade has...



'Personal Income increased 0.5% in May, Spending increased 0.9%'

Calculated Risk: Personal Income increased 0.5% in May, Spending increased 0.9%, by Bill McBride: The BEA released the Personal Income and Outlays report for May: Personal income increased $79.0 billion, or 0.5 percent ... in May... Personal...



Greece Gives Europe What It Wants, Europe Says No Anyway

European leaders were in final, last-ditch, eleventh-hour, crisis talks with their Greek counterparts today, which by my count is at least the third time we've held final, last-ditch, eleventh-hour, crisis talks in the past two weeks. This leaves...



Is This The Top? Playboy Edition [CHART]

From June 24 2015 Meet the Playboy 'Playmate of the Year' who has become obsessed with trading stocks Via Ritholtz  Source: A Wealth of Common Sense The post Is This The Top? Playboy Edition [CHART] appeared first on ValueWalk. ...



JP Morgan is suing a team of brokers who left for Morgan Stanley

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.  JP Morgan is suing brokers who left for Morgan Stanley (Investment News) JP Morgan is suing a $2 billion...



Links for 06-25-15

Short Term Economic Prospects in Kansas - Econbrowser The Persistence of ACA Denialism - Paul Krugman Forecasting in Unstable Environments - Carola Binder Greece: negotiating without trust - Antonio Fatas Why Don’t the Poor Rise Up? - The New York...



Businesses Worry About Shouldering Burden of Greek Debt

With Greece virtually broke, the government is looking to raise taxes on businesses to fill its financial...



Whole Foods Busted For Overcharging On Packaged Foods -- Again

Consumers have long referred to Whole Foods as "Whole Paycheck" for its high prices, but it isn't just sticker shock: Many locations of the Austin-based grocery chain are illegally overcharging customers. New York Daily News reporters...



6 Movie Franchises That Should Be Reborn With a Prequel

The way franchises are made in Hollywood, now more than ever, story timelines are anything but linear. A story rarely progresses forward without also taking a dip into the past of some of our main characters. Some studios use it as an excuse to make...



Fannie Mae, Freddie Mac – Shaky Ground – Book Review

Fannie Mae, Freddie Mac Undercapitalized And On Shaky Ground by Brenda Jubin, Reading The Markerts Columbia University Press has launched a new publishing imprint, Columbia Global Reports, to produce “six short, ambitious works of journalism and...



How I Blew a 102% Gain in Net Net Wonder Stock Sangoma Technologies

Guest Post written by Evan Bleker (This is a guest post and may not reflect the thoughts and opinions of Old School Value) Back in late 2013 I found what was nearly the perfect net net stock. It was conservatively financed. It was buying back stock. It...



Military families have never been more confident about their financial future

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. The military's middle class has never been more confident about its finances (Think Advisor) The First Command Financial...



Ford jumps into car-share business

In a sign automakers are increasingly aware they'll have to try new approaches to reach customers, Ford is launching a car-share...



Netflix Finally Splitting Its Stock, Investors Cheer The Move

Netflix announced a 7-for-1 stock split on Tuesday, making its stock more accessible to retail investors. The move ends the wait for investors who found Netflix shares too expensive to buy after the unprecedented spike in price....



Facebook Discusses Its New Interactive Mobile Ads Format

Facebook Chief Product Officer Chris Cox told executives at the Cannes Lions advertising festival that he has what they have been looking for: more creative tools for crafting more immersive ads. Over the past few years, Facebook's growth has been...



Links for 06-24-15

Cowboys, Aliens, and Stimulus - Paul Krugman Does a Multiverse Fermi Paradox Disprove the Multiverse? - SciAm Comments on New Home Sales and Prices - Calculated Risk Approaching the Promised Land? Yes and No - macroblog The Penske View of Macroeconomic...



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Grexit Would Be Even More Dangerous than Economists Realize

After months of acrimonious negotiations, and despite a significant rapprochement between their position and their creditors’, the Greek coalition government has unexpectedly stopped negotiation discussions in their tracks, announcing a snap...



Shares in European banks tumble as deepening crisis in Greece sends shockwaves through financial markets around world

Panicked investors dumped risky assets after a dramatic weekend in which Greek PM Alexis Tsipras broke off talks with creditors, closed the nation’s banks and called a snap...



7 powerful lines from the same-sex marriage decision

The U.S. Supreme Court made history on Friday when it declared state bans on same-sex marriage unconstitutional. Swing vote Justice Anthony Kennedy, who wrote the court's majority opinion, lead the 5-4 ruling. Kennedy — who is known for...



Daniel A. Bell on the China model and political meritocracy

Stein Ringen reviews The China Model, here is Gideon Rachmann.  He writes: Daniel Bell, a Canadian political philosopher who has taught at Tsinghua University in Beijing for many years, is deeply influenced by this Chinese tradition. In his new...



Michael Wolff’s New Book Celebrates The Success Of Old Media

Michael Wolff's New Book Celebrates The Success Of Old Media by Jonathan A. Knee, DealBook The idea of a publication of any new Michael Wolff book inevitably elicits discomfort in those likely to come into his line of fire. Mr. Wolff’s studied...



Links for 06-08-15

Adam Smith, Theorist - Economic Principals States Confront Wide Budget Gaps Even After Years of Recovery - NYTimes Prime Working-Age Population Growing Again - Calculated Risk Asian rebound soothes nerves about global growth - Gavyn Davies A New/Old...



Why Conservatives Should Praise God for the Supreme Court's Gay Marriage Decision

The range of Republican opinion on the Supreme Court’s declaration of a constitutional right to same-sex marriage extends from Mike Huckabee, who wants a constitutional...



Volcker Sees Hidden Peril in State Budgets

A report from Paul Volcker’s new foundation says that states are building up piles of debt and pushing costs to future generations of...



Netflix Finally Splitting Its Stock, Investors Cheer The Move

Netflix announced a 7-for-1 stock split on Tuesday, making its stock more accessible to retail investors. The move ends the wait for investors who found Netflix shares too expensive to buy after the unprecedented spike in price....



Did the Chinese stock bubble just burst?

Is it 1982 in China or 1999? A secular bull market getting underway after a tough 7 year bear or merely a credit-fueled boom on the verge of a bust. Shanghai’s A shares market has just corrected by 13% over the last week, one of the...



Is the Icelandic response to financial crisis generalizable?

Paul Krugman describes their policies as a mix of “debt repudiation, capital controls, and massive devaluation.”  Matt Yglesias refers to putting some of their bankers in jail.  But I say there is not a generalizable formula...



Fed Watch: June FOMC Recap

Tim Duy: June FOMC Recap, by Tim Duy: The FOMC meeting ended largely as expected with a nod toward recent data improvement but no change in policy. It is still reasonable to believe that lift-off will occur in September, but only if incoming data...



10 things you need to know before the opening bell (SPY, SPX, DIA, QQQ, DB, HSBC, LULU, FCAU, GM, WLT)

Here is what you need to know. China's economy showed more signs of slowing. According to China’s National Bureau of Statistics consumer prices rose 1.2% year-over-year in May, falling short of the 1.3% increase that was anticipated....