Chart of the day: Median household income and share of births to unwed mothers
This was not always the case. Before 1960, blacks had low out of wedlock birth rates. Blacks were also escaping poverty at a high rate of speed. After the 1960s progressive spasm, blacks poverty rates plateaued, and out of wedlock births skyrocketed triggering the current social crisis we now find ourselves enmeshed with.
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Warren Moves from Wanting Reparations to Wanting to Cancel Student Debt — So Who Pays?
It isn't yours, after all, the hard work you didn't do, the business you didn't build. The mantra of the far progressive left, "You didn't make that!" Reparations for blacks are to be paid by people who didn't own slaves, whose parents, grandparents and great grandparents didn't own slaves, and even by those whose distant relatives fought tooth and nail for generations to stop the transatlantic slave trade. It only fits that those instrumental in the solution should have to pay reparations, no? No sane person would agree, but the Dems seems to be unanimous on this issue. The recipients of the new largess would not need to have any known familial relationship to a slave. If this were the rule, it is not clear whether any human alive today would not be entitled to reparations, which would pretty much eliminate the need for reparations. The cancelation of student debt is a huge sop to those in the upper middle class who do not currently qualify for student financial aid and who cannot afford to pay for university out of pocket and, so, are required to take out massive student loans. For Warren, everything is the State, and nothing human or spiritual exists, much less has value, outside the State. In this sense Warrenism is totalitarian. That was a paraphrase of a Mussolini quote, but it fits with Warren and all of the Democratic contenders they all are totalitarian. The Dems after WWI lost their religion, but humans are creatures of belief. The Dems replaced theistic religion with the secular religion of scientific fascism which is totalitarian. They spent the past 70+ years making totalitarianism an acceptable alternative to some Americans. The Dems now believe that Americans are ready for their totalitarian rule. The reality is different. Only about 20% of the American population is willing to enslave themselves to the totalitarian Democratic Party elite. Another 50% or so are politically oblivious. But an opposing 30% are willing to die to keep America from becoming totalitarian. The Dems believe that the oblivious will remain oblivious. But once the existential battle begins, the oblivious will awaken, and in the Anglosphere and Scandinavia, they consistently side with liberty. It seems that the next decade will bring an existential conflict, whether civil or foreign I cannot tell, but it is clear the current social crisis will not resolve without the unifying force of an existential war. It is also clear that similar conditions are occurring throughout the West. France has its Yellow Vest unrest, Britain is in turmoil, Germany is wracked by demons, and the EU is everywhere under attack - from the Eastern European nations bridling at immigrants, to the Greeks demanding war reparations from Germany, to internal conflicts in most of the nations, including Britain, France, Italy, Belgium, Ireland, and more. Warren is a pawn in the greater conflict. In the end, she will be little more than a trivia answer in a future boardgame. Frankly, all of the Democratic contenders today will have this same fate. With the hard turn to the left, the Democrats have begun their decline and descent perhaps into oblivion as a party. Perhaps they will survive as a rump party, perhaps they will, in the end, find salvation and a way out of the rabbit hole. Bernie Sanders and Kamala Harris Want to Give Terrorists the Right to Vote
The only question remaining is which one will be the first to endorse open borders in order to allow rapists and pedophiles into the country? The candidate furthers to the left will win the Democratic Primary, and lose the nation. The race is shaping up to be a Bernie v Harris spectacular. Can little Butt-gig come in and take a bite out of crime? Enquiring minds want to know! Obama Does Not Endorse Biden Even After Joe’s Official ‘Go’ for 2020
Obama has no history of bravery or even of a willingness to accept risk. He is the quintessential Man of Inaction. Obama will wait until one of the looney 20 has a clear path to victory before he endorses. The man with no legacy does not dare to voice his convictions and to endorse one of the candidates at the beginning of the race. AOC About Biden and Other Democrats of the Past: 'I Don't Want to Go Back, I Want to Go Forward'
Socialism is a 20th-century attempt to apply ancient feudalism to the industrial socio-economic model. It is in every iteration a return to the distant past. AOC continues her inane blatherings and pontifications; she is the 21st century's useful idiot. Will Elon and Tesla Prove the Doubters Wrong on the Robotic Taxi Master Plan – NextBigFuture.com Why does Elon Tesla think those taxi riders will want to ride around in expensive, fancy, high powered self-driving taxis? To achieve a sufficient ROI, a Tesla Taxi will need to charge far more than a less fancy, smaller motored, lower performance, lower amenities auto. People will not take a $50 self-drive taxi ride when other taxi companies are offering $20 self-drive taxi rides in lower powered, more basic taxis. The lesson from Uber is riders care about low fares, solid customer service, a few amenities like phone chargers, a widely offered service both locally and internationally, and a clean auto. A small part of the population is willing to pay for slightly fancier autos, but that is a small cross-section of the taxi ridership. If Tesla thinks they can dip off the cream, they are likely to be surprised. Other manufacturers will offer a wide selection of prices and vehicles in self-drive taxis, as well as extensive worldwide availability. This will be more attractive than the Tesla name. It seems likely that these manufacturers will also try and price these services so that people who use them extensively get preferred pricing, upgrades, etc. I don't see Tesla being competitive in a broad market. Tesla does one thing at a time. After it makes an auto, it produces it while it designs and makes a different car. By the time Tesla gets back to the first car for upgrades, it is long out of date. Actual auto companies can upgrade and update autos more than once per decade as Tesla seems limited to. Opinion | Buttigieg Battles Mike Pence, or So He Imagines
Butt-gig self-selects his title by fighting strawmen. Opinion | Can Biden Beat Bernie?
Biden will run as the reasonable middle position adult in the room. Yes, he will be far to the left of most of America, but he will be to the right of the 19 looney leftists running for the Dem candidacy. This is a no-win proposition for Biden. Sanders has figured this out and is running to the left of the other 19 and staying to their left. Middle America will be shocked by what they hear during the Dem campaign, but if Sanders stays left, he is likely to do well and could win. I enjoyed watching Biden get beat up during his other runs; this one should be just as entertaining. Biden is a gaf-tastic mess. The 19 other loons will push Biden to say crazy things. Let the games begin! Saudi Sovereign-Wealth Fund Plans to Raise Billions in Debt for Investments
The gamble boils down to a bet on whether the Saudis will work or not. They have no history of work, no Protestant Work Ethic. Let the gamble begin. Good luck to the House of Saud. |
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