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Fighting Poverty, Ending Up With Hyperinflation: Wealth Redistribution Madness
July 10, 2018 Off

Fighting Poverty, Ending Up With Hyperinflation: Wealth Redistribution Madness

By Mike Mish Shedlock

The socialist paradise of Venezuela is in the midst of hyperinflation. Property confiscation is at the heart of it.

Rainy Day Funds? Who Needs Em? States Unprepared for Next Downturn
July 10, 2018 Off

Rainy Day Funds? Who Needs Em? States Unprepared for Next Downturn

By Mike Mish Shedlock

Revenues, dependent on taxes, did not recover from the last recession. However, pensions and Medicaid costs are up.

This Is Trump’s Supreme Court Now and for a Long Time to Come
July 10, 2018 Off

This Is Trump’s Supreme Court Now and for a Long Time to Come

By Harry Cheadle

On Monday night, Donald Trump made what is sure to be one of the most consequential moves of his presidency,…

Kavanaugh, Staunch Catholic, Trump’s Supreme Court Nominee: Roe v Wade Spotlight
July 10, 2018 Off

Kavanaugh, Staunch Catholic, Trump’s Supreme Court Nominee: Roe v Wade Spotlight

By Mike Mish Shedlock

Brett Kavanaugh, a staunch Catholic, is Trump’s nominee for the Supreme Court. Roe vs Wade is in the spotlight.

Here Are the Summer Films You’ll End Up Watching Thanks to MoviePass
July 10, 2018 Off

Here Are the Summer Films You’ll End Up Watching Thanks to MoviePass

By Nicole Clark

It’s summertime, which means everyone wants to be in a cools dark place watching famous people pretend to do very…

Consumer Credit +7.5%, Revolving Credit +11.5%, Non-Revolving +6.25% YoY
July 9, 2018 Off

Consumer Credit +7.5%, Revolving Credit +11.5%, Non-Revolving +6.25% YoY

By Mike Mish Shedlock

Year-over-year expansion of consumer credit continues unabated. It’s the only way people can “afford” to buy things.

Here’s How All Those ‘Rick and Morty’ Jokes Wound Up on ’Jeopardy!’
July 9, 2018 Off

Here’s How All Those ‘Rick and Morty’ Jokes Wound Up on ’Jeopardy!’

By Beckett Mufson

Rick and Morty fans usually make the news for being awful manchildren who harass women online or scream publically about…

Trump’s Former Lawyer Is Now Thrashing to a Punk Band Called Copstabber
July 9, 2018 Off

Trump’s Former Lawyer Is Now Thrashing to a Punk Band Called Copstabber

By Drew Schwartz

On Saturday night, punk band Copstabber, known for hits like “Butt Drugs,” “Dick Farmer,” and “Fuck School, Stay in Drugs,”…

Logan Paul and the Myth of Cancel Culture
July 9, 2018 Off

Logan Paul and the Myth of Cancel Culture

By Connor Garel

This article originally appeared on VICE Canada. There exists a popular and inarguably comical expression on social media—primarily Twitter, of…

UK Ministers: Mad as Hell and Can’t Take it Anymore
July 9, 2018 Off

UK Ministers: Mad as Hell and Can’t Take it Anymore

By Mike Mish Shedlock

Boris Johnson is the latest UK minister to resign over Brexit. His letter to May explains why.

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