Authored by Oaktree Capital's Howard Marks,
In August, I mentioned that I had chosen the title “Political Reality” for my memo in part because of my liking for oxymorons. I classed that title with other internally contradictory statements, such as “jumbo shrimp” and “common sense.” Now I’m going to discuss one more: “expert opinion.”
Submitted by Mike Shedlock via MishTalk.com,
Here’s an interesting graph from the World Economic Forum from their article Which countries are on the right track, according to their citizens?
Discontent spreads
Between October and November 2016, the percentage of people who believe things are on the right track in their country dropped by 2 percentage points to 37% globally.
In a "mass layoff" event reported late last week by the Department of Labor, the Clinton Foundation announced it would lay off some 22 employees at the Clinton Global Initiative, which attained notoriety during the John Podesta leaks, when the various details of the fallout between between CGI head Doug Band and Chelsea Clinton were revealed; it also emerged that long-time Bill Clinton friend Band was soliciting donations for Clinton through his PR firm, Teneo in an sordid example of "pay for play" which most of the mainstream media refused to cover, especially after Band emailed Podesta "I
Submitted by Chris Martenson via PeakProsperity.com,
Fair warning, my family just received a 61.5% increase in our healthcare insurance premium of 2017, on top of last year’s 24.8% increase, so I am quite annoyed at the moment. For my non-US readers, perhaps what follows will interest you as a means of understanding how and why Donald Trump came to be elected President. I am going to be channeling some of my inner crank today.
Authored by Lou Weiss - a Pittsburg carpet salesman - via The Wall Street Journal,
If you’ve lost your bearings in Trump’s America, your conservative friend can help you find them.