Social Issues

Authored by Bill Bonner of Bonner & Partners (annotated by Acting-Man's Pater Tenebrarum),

From Subject to Citizen

On June 5th, the Swiss cast their votes and registered their opinions: “No,” they said. We left off yesterday wondering why something for nothing never works. Not as monetary policy. Not as welfare or foreign aid. Not in commerce. Not never, no how. But something for nothing is what people most want.

The future Switzerland just managed to dodge… for now

Yesterday in a comments thread here, the reader Elrond wrote:

As always, what’s missing in these discussions is any acknowledgement of white interests. It’s all about the good for blacks and people of color. The good for white families doesn’t even enter the picture.

In case you don’t follow the comment threads, Elrond thinks that I am a total squish on racial issues. I post his comment here because it is an example of the Right using the Left’s identity politics against it.

Russell Moore went to a big liberal Evangelical social justice conference the other day, and dropped some hard teaching on conferee heads. Excerpts:

During his twenty-eight minute discussion, Moore boldly laid out what it looks like to be a Gospel-centered social justice warrior. He tackled issues ranging from racial injustice, human trafficking, and refugees. But it was his mention of the sanctity of unborn life, sexual ethics, and the reality of Hell that had some in the room squirming uncomfortably in their seats.

Economist Michael Hudson tells The RealNews network that neoliberal policy will pressure U.S. citizens to emigrate, just as it caused millions to leave Russia, the Baltic States, and now Greece in search of a better life...

Background

A research team from Columbia University's Mailman School of Public Health in New York estimates 875,000 deaths in the United States in year 2000 could be attributed to social factors related to poverty and income inequality.

 

Submitted by Thad Beversdorf via FirstRebuttal.com,

Dear Stock Market,

I need you to pull your head out of your ass.

You are paying record valuations.

But in the face of the identical earnings deterioration we saw heading into the financial crisis.

The growth you are pricing in simply cannot be realized.  Real incomes are the same level they were in 1990.

But the real S&P price level is 3x higher today.