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Social Issues

"We Paid A Heavy Price For This Mistake" - Europe To Be Flooded With 2nd Refugee Wave, UN Warns

Back in 2015, at the height of Angela Merkel's "open door" admission policy which in addition to granting German entry to over 1 million refugees, many of whom turned out to be radical jihadists and sent her approval rating crashing to the lowest in her career, the German chancellor realized that the great migration wave from the middle east into Central Europe, originally meant to reinvigorate Europe's aging demographics (and prompted Deutsche Bank to even boost its German GDP forecast), maybe was not such a great idea, and was just not worth the risks and trade offs.

Sex, Power, and Consent: How to Interpret the Media Frenzy Around Sexual Assault

Via The Daily Bell

The same media that covered for the rich and powerful is now delighting in throwing them one by one under the sexual assault bus.

I can’t deny that it is a joy to watch liberal elites like Al Franken and Harvey Weinstein fall from grace.

But a chill goes down my spine when I think, but why now? Why has the media suddenly done a complete 180?

Yale's Endowment CIO Has Some Really Bad News For Public Pensions...

Yale's Endowment CIO Has Some Really Bad News For Public Pensions...

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.

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