Social Issues

Public pensions all around the country like to play a clever little game that allows them to drastically understate the current value of their future liabilities and therefore pretend that their ponzi schemes are something other than insolvent frauds.  Of course, we're talking about the artificially high discount rates that pension boards consistently use to understate their net underfunding levels...a topic that we've written about frequently over the years.

Authored by Jonah Bennett via The Daily Caller,

The Army has decided to abandon plans to issue waivers to recruits with a history of self-mutilation or other mental health problems.

It was only twenty years ago that the last Australian state, Tasmania, decriminalised male homosexuality. Whether one is in favour or not, Australia had a lot of catching up to do with other western nations.

Via CaseyResearch.com,

“America is a marvelous idea, a unique idea, fantastic idea. I’m extremely pro-American. But America has ceased to exist.”

Longtime readers will recognize this. It’s one of Doug Casey’s more memorable quotes.

I’m sharing it with you today because Doug said something last week that touched on this radical idea. He said the United States could break apart due to racial tensions.

Looks like Congress needs a visit from the sexual harassment Panda...