"Everybody Is Distracted"
April 25, 2019 inEconomics
Authored by Sven Henrich via NorthmanTrader.com, Fragmented Are societies becoming hopelessly fragmented to the point that democracies are no longer functional as compromise solutions become impossible? Is technology tearing us apart? What are the consequences? Big questions and probably deserving intense study and I find these questions on my mind a lot these days. Look, as much as it all seems like an old hat now the internet and social media is still...
Axios - 293ee781c04e7c5b56de577892cf939c - 2019-04-24 22:50:02
April 24, 2019 inPolitics
Trump approval rating: 43.4% (G 0.2 from a week ago) S&P 500: 2,927.25 (G 6.43) 1 2020 thing: ã Candidates speak to women of color at 'She the People' forum. How white candidates are addressing race. 1 tech thing: ¸ Facebook anticipates $3-5B fine from FTC for data privacy handling 1 world thing: ñð "Major intelligence lapse": Warning from India not properly shared ahead of Sri Lanka attacks 1...
Buttigieg gets first congressional endorsement
April 24, 2019 inPolitics
Democratic presidential candidate Pete Buttigieg secured his first congressional endorsement on Wednesday from Rep. Don Beyer (D-Va.).Beyer compared the South Bend, Ind., mayor to former President Obama while announcing his endorsement."By now, I... ...Read more from our friends at The Hill
Cory Booker pledges to select a woman as his running mate
April 24, 2019 inPolitics
Sen. Cory Booker vowed Wednesday to pick a woman as his running mate if he wins the 2020 Democratic nomination for president. “I will have a woman running mate,” Mr. Booker of New Jersey said at a She the People presidential forum in Houston. “To me, it is really clear that we do that.” The She the People event is giving more than a half-dozen presidential contenders the chance to introduce themselves...
The government is more likely to use this ‘draconian’ student debt collection tactic in black and…
April 24, 2019 inEconomics
The government has extraordinary powers at its disposal to collect on federal student debt, including garnishing borrowers’ wages and taking away their tax refunds and Social Security checks. And so the feds rarely resort to suing borrowers over their student loans. But when they do, the consequences can be devastating, and a new report suggests they’re not distributed equally. The neighborhoods where borrowers who are sued over their federal student...
Senate buzzsaw awaits 2020 progressive proposals
April 24, 2019 inPolitics
The Senate is emerging as a significant roadblock for progressive policies being championed by 2020 presidential candidates, even if Democrats win the White House next year.As Democrats propose massive political and policy overhauls, the GOP-... ...Read more from our friends at The Hill
Loonie Tumbles As Bank Of Canada Capitulates
April 24, 2019 inEconomics
Add The Bank of Canada to the list of flip-flopping central banks as it has now fully abandoned its bias toward raising interest rates as the economy grapples with a slowdown, bringing its policy into line with the Fed. “Governing Council judges that an accommodative policy interest rate continues to be warranted,” officials led by Governor Stephen Poloz said in the statement. “We will continue to evaluate the appropriate degree...
Twitter CEO Jack Dorsey meets with Trump in Oval Office
April 23, 2019 inPolitics
Twitter chief executive Jack Dorsey met with President Trump Tuesday at the White House — a conversation the platform called "constructive" but only provided limited details about. Flashback: Just this morning, Trump was tweeting that Twitter doesn't "treat me well as a Republican," echoing claims of anti-conservative bias on the platform that have never been backed up by evidence or reporting. What they're saying: "Lots of subjects discussed regarding their platform...
