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CHARITY: Sid Blumenthal paid $10,000 a month by Clinton Foundation...

CHARITY: Sid Blumenthal paid $10,000 a month by Clinton Foundation...(Third column, 1st story, link)Related stories:Rubio Uses Bill Clinton Trick to Highlight 23-Year Age Gap With Hillary... ...



'Income Inequality, Social Mobility, and the Decision to Drop Out of High School'

Melissa S. Kearney and Phillip B. Levine at Vox EU: Income inequality, social mobility, and the decision to drop out of high school: Compared to other developed countries, the US ranks high on income inequality and low on social mobility. This could be...



National Public Radio Tries to Scare People About the Deficit

Billionaire Peter Peterson is spending lots of money to get people to worry about the debt and deficits rather than focus on the issues that will affect their lives. National Public Radio is doing its part to try to promote Peterson's cause with a...



This Map Shows Which States Have The Same GDP As Countries

The United States has an enormous GDP. Sometimes it is easy to forget just how big spending in the USA has become. To highlight the wealth found in the United States, American Enterprise Institute’s Mark Perry created a map that shows...



Obama Won't Take Amnesty Battle Directly to Supreme Court...

Obama Won't Take Amnesty Battle Directly to Supreme Court...(Second column, 4th story, link)Related stories:WASHPOST: 'Drop in illegal immigration'...COULTER: America has already taken in one-fourth of Mexico's entire...



The Tech Trends

Went through Mary Meeker’s slide deck.  I kind of agree with Howard Lindzon. 2015 Internet Trends Report from Kleiner Perkins Caufield & Byers If you follow tech trends closely, there isn’t much here that you...



Legal trouble in wearables business: Jawbone sues Fitbit

The intense rivalry in the wearables market has spilled over into court with Jawbone accusing rival Fitbit of “systematically plundering” its employees, trade secrets and intellectual property.In a suit filed in San Francisco against...



Americans are Broke, Jamie Dimon Thinks You are Stupid and Millennials are Narcissistic

I was shocked to read yesterday that the FEDERAL RESERVE had the time to do a survey. I was also shocked to see a WSJ article in front of the paywall…until I read the article. Yes, the Federal Reserve took a money printing break and found that...



KASICH IN...

KASICH IN...(Second column, 12th story, link)Related stories:2016 Republican field grows EVEN MORE crowded... ...



Cost-effectiveness in American health care

This is one way we try to do it: Express Scripts Holding Co., a large manager of prescription-drug benefits for U.S. employers and insurers, is seeking deals with pharmaceutical companies that would set pricing for some cancer drugs based on how well...



Paul Krugman Argues for a Vacant Property Tax

Well, he implicitly made the argument. I'm not sure why there is little interest in this idea, except the traditional resistance of intellectuals to new ideas. ...



The Problem With Mechanical Investment Strategies And How You Can Find Your Own Ideas

The Problem With Mechanical Investment Strategies And How You Can Find Your Own Ideas by Jae Jun, Old School Value follow me on Facebook, Twitter What You’ll Learn Why I’m chicken to take a 100% mechanical approach The problems...



The S&P 500 Follows the Economy……Which Continues to Improve

The post Stocks Follow the Economy……Which Continues to Improve appeared first on ValuePlays. Did I mention, “The stock market is not a ‘get rich quick’ investment?”  Did I also mention that as an investment,...



Fed’s Yellen Plans to Skip This Year’s Jackson Hole Conference

Federal Reserve Chairwoman Janet Yellen plans to skip the central bank’s high-profile conference in Jackson Hole, Wyo., this year. Ms. Yellen “does not plan to attend the Federal Reserve Bank of Kansas City’s Jackson Hole Economic...



Cramer: Buy Charter Shares but Take Profits in Time Warner Cable

NEW YORK (TheStreet) -- Answering questions sent him via Twitter, Jim Cramer explained how to play both sides in the Charter Communications  and Time Warner Cable   deal Tuesday. He believes the deal will work and that...



Links for 05-27-15

John Nash As Cryptanalyst - EconoSpeak Tall Trees Sucked Dry by Global Warming - Scientific American Scholars need access to public and private big data - Heather Boushey Looking Forward: The Path for Monetary Policy - John Williams Why finance is too...



Who-d a-thunk it? A $12,480 per year ‘tax’ per full-time employee ($15 minimum wage) hurts businesses?

The pending 67% minimum wage hike in LA (from $9 to $15 per hour by 2020), which is the same as a $6 per hour tax (or $12,480 annual tax per full-time employee), already has business owners planning to leave, see this letter in today’s New York...



FED VICE CHAIR FISCHER: If the economy stumbles, we'll slowdown the pace of rate hikes

The Federal Reserve can always slow the pace at which it normalizes interest rates. That was the basic message of Fed vice chair Stanley Fischer, who spoke at Tel Aviv University in Israel on Tuesday. "The tightening of U.S. policy will begin only...



'The Geek Heretic'

Chris Blattman: The geek heretic: My first job abroad was helping to roll out rural Internet in India, by radio. It was 2001, the peak of the dot com boom, but before the ubiquity of mobile phones. Connecting remote villages in India to the Internet via...



Quote of the Day

“These people are so greedy, they’re so out of touch with reality. They think they own the world…I’m sorry to have to tell them, they live in the United States, they benefit from the United States, we have kids who...



Further reading

Elsewhere on Tuesday, - Technology, inflation and the Fed. - The big Meh. - Grexit: the real risk to the euro is not that Greece will fail but that it will succeed. - Yanis, redux: Austerity is the only deal-breaker. - Who owns Witanhurst,...



Whatever Happened to Antitrust?

Last week’s settlement between the Justice Department and five giant banks reveals the...



8 Great Foreign Films Remade Into American Movie Failures

Hollywood remakes movies for a variety of reasons. Sometimes a studio just wants to reintroduce an older successful film — such as RoboCop — to a new generation. In other cases, a director wants to recycle a storyline in an entirely different...



Links for 05-24-15

A Conversation About Inequality and Atkinson - Paul Krugman A Brief But Affectionate Review - Roger Farmer Did the iPhone kill BlackBerry? - Digitopoly The Vicious Cycle of High Inequality - NYTimes.com Draft Preface: Economics in Two Lessons - Crooked...



Max Fisher Applies the "It's Hard to Get Good Help" Story for China

It is remarkable how many people seem unfamiliar with the idea of productivity growth. It's a fairly simple concept. It means that workers can produce more output in each hour of work. The world economy has been seeing consistent productivity growth...



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The Problem With Mechanical Investment Strategies And How You Can Find Your Own Ideas

The Problem With Mechanical Investment Strategies And How You Can Find Your Own Ideas by Jae Jun, Old School Value follow me on Facebook, Twitter What You’ll Learn Why I’m chicken to take a 100% mechanical approach The problems...



Cramer: Buy Charter Shares but Take Profits in Time Warner Cable

NEW YORK (TheStreet) -- Answering questions sent him via Twitter, Jim Cramer explained how to play both sides in the Charter Communications  and Time Warner Cable   deal Tuesday. He believes the deal will work and that...



Fed’s Yellen Plans to Skip This Year’s Jackson Hole Conference

Federal Reserve Chairwoman Janet Yellen plans to skip the central bank’s high-profile conference in Jackson Hole, Wyo., this year. Ms. Yellen “does not plan to attend the Federal Reserve Bank of Kansas City’s Jackson Hole Economic...



KASICH IN...

KASICH IN...(Second column, 12th story, link)Related stories:2016 Republican field grows EVEN MORE crowded... ...



The S&P 500 Follows the Economy……Which Continues to Improve

The post Stocks Follow the Economy……Which Continues to Improve appeared first on ValuePlays. Did I mention, “The stock market is not a ‘get rich quick’ investment?”  Did I also mention that as an investment,...



'The Geek Heretic'

Chris Blattman: The geek heretic: My first job abroad was helping to roll out rural Internet in India, by radio. It was 2001, the peak of the dot com boom, but before the ubiquity of mobile phones. Connecting remote villages in India to the Internet via...



Links for 05-27-15

John Nash As Cryptanalyst - EconoSpeak Tall Trees Sucked Dry by Global Warming - Scientific American Scholars need access to public and private big data - Heather Boushey Looking Forward: The Path for Monetary Policy - John Williams Why finance is too...



Who-d a-thunk it? A $12,480 per year ‘tax’ per full-time employee ($15 minimum wage) hurts businesses?

The pending 67% minimum wage hike in LA (from $9 to $15 per hour by 2020), which is the same as a $6 per hour tax (or $12,480 annual tax per full-time employee), already has business owners planning to leave, see this letter in today’s New York...



8 Great Foreign Films Remade Into American Movie Failures

Hollywood remakes movies for a variety of reasons. Sometimes a studio just wants to reintroduce an older successful film — such as RoboCop — to a new generation. In other cases, a director wants to recycle a storyline in an entirely different...



FED VICE CHAIR FISCHER: If the economy stumbles, we'll slowdown the pace of rate hikes

The Federal Reserve can always slow the pace at which it normalizes interest rates. That was the basic message of Fed vice chair Stanley Fischer, who spoke at Tel Aviv University in Israel on Tuesday. "The tightening of U.S. policy will begin only...



Paul Krugman Argues for a Vacant Property Tax

Well, he implicitly made the argument. I'm not sure why there is little interest in this idea, except the traditional resistance of intellectuals to new ideas. ...



Further reading

Elsewhere on Tuesday, - Technology, inflation and the Fed. - The big Meh. - Grexit: the real risk to the euro is not that Greece will fail but that it will succeed. - Yanis, redux: Austerity is the only deal-breaker. - Who owns Witanhurst,...



Quote of the Day

“These people are so greedy, they’re so out of touch with reality. They think they own the world…I’m sorry to have to tell them, they live in the United States, they benefit from the United States, we have kids who...



ART CASHIN: The market could face a big test at 1PM (SPY, SPX, QQQ, DIA)

At 1:00 p.m. ET on Friday, Federal Reserve chair Janet Yellen will speak on the US economy.  And this could be a big test for the market.  In his morning note on Friday, UBS' Art Cashin said Yellen could use this speech as a way...



Legal trouble in wearables business: Jawbone sues Fitbit

The intense rivalry in the wearables market has spilled over into court with Jawbone accusing rival Fitbit of “systematically plundering” its employees, trade secrets and intellectual property.In a suit filed in San Francisco against...



Netflix, Inc. Short Sellers In Search Of A Catalyst

Experienced short-sellers will tell you that it’s not enough to find an overpriced stock and start loading up on put options, you also need to identify a catalyst for why the rest of the market is going to come around to your way of thinking. In...



Jeb Bush Admitted the Iraq War Was a Mistake—He Just Doesn't Realize It Yet

Any Republican hoping to become the first Republican president since George W. Bush should have a well-rehearsed opinion about the wisdom of the Iraq war, and should be able to deliver it in response to an unambiguous question like, “Knowing what...



Whatever Happened to Antitrust?

Last week’s settlement between the Justice Department and five giant banks reveals the...



Links for 05-24-15

A Conversation About Inequality and Atkinson - Paul Krugman A Brief But Affectionate Review - Roger Farmer Did the iPhone kill BlackBerry? - Digitopoly The Vicious Cycle of High Inequality - NYTimes.com Draft Preface: Economics in Two Lessons - Crooked...



Warren Buffett Pushes For EITC Overhaul In WSJ Op-Ed

Warren Buffett used a recent piece in the Wall Street Journal to propose a solution to the increasing wealth gap in the United States. First of all Warren Buffett explains how the American Dream has turned into the American Nightmare for...