Since the old white men who run Georgia decided that the Peach State should take a leading role in the establishment of the New Jim Crow South by passing legislation whose objective is to make… Read More »#BoycottGeorgia #BoycottCoke
Today’s Republican Party is a handy new feature on American Carnage which will serve as an educational service for country club Republicans and other conservatives who still believe they are members of a party that… Read More »Today’s Republican Party: Mich GOP Chair Calls Women Witches, Should Burn at Stake
The financial press is twittering (like birds, not social media addicts) about a leaked report prepared by a group of 13 first-year analysts in Goldman Sach’s vaunted training program which showed they worked an “average”… Read More »Pity the Poor Goldman Analyst
I never spent much time dealing with or even thinking about BlackRock. As an endowment CIO, Godzilla-sized index managers are the opposite of the type we would ever consider. Sure, we used some of their… Read More »Larry Fink, World’s Greatest Hypocrite
An angry exchange of words with China was most undiplomatic but entirely necessary. There’s been much hand-wringing by US establishment foreign policy commentators about the unseemly public spat between US Secretary of State Antony Blinken… Read More »China and the US Are Being Undiplomatic. Good!
Anti-Asian hate crimes have risen sharply over the last year, thanks in large part to Trump and the MAGA Neanderthals (their permanent new name). Trump and the Republican chumps who ape him have implied, over… Read More »It’s Dangerous To Be Asian in America
The Atlantic is my favorite magazine. Can you tell? The piece below (in this pillar of high quality journalism) targets the idiot obsessions of guys with too much money blowing it on rocket ships to Mars. Yes, what SpaceX is doing in terms of making satellite launches and trips to the Space station or the moon economical and reliable is a great service to our country and the world. Going to Mars, not so much. In what must be one of the most moronic statements ever uttered by a clueless out of touch plutocrat, Jeff Bezos actually said that he couldn’t think of how else he could possibly spend all his billions except space travel. Gosh Jeff, can you give it a bit more thought? Perhaps someone with fewer than eleven houses could make a suggestion? Or someone who doesn’t have a servant to manage his servants?
Fun Fact:
The Atlantic, by Shannon Stirone
February 26, 2021
Apollo — not the Greek god of music and poetry who resides on Mount Olympus, the other one, the one who is a Wall Street god of greed and decadence — is busy attempting to… Read More »Notes from the Wall Street Cesspool: Apollo Edition
This article in the Atlantic reviews the now commonly accepted idea that every human being has their own “style” of learning. Some absorb information and ideas better from reading, some from hearing, some from visual presentations (some from daydreaming, some from hip hop, some from vaping, etc.). Well… it sounded good. But apparently there is little or no evidence that a person who is taught in the way they prefer, the way that is most comfortable to them — actually leads to better outcomes. As the always relevant Emily Latella would say, “Nevermind!”
Reminds me when the entire US government swung into action to indoctrinate every American with the idea that carbohydrates were making us fat. Thus leading to all of us to become really really fat.
Experts are useful and necessary. But not infallible.Read More »Nevermind! Another Universally Accepted “Truth” Is Disproved
We are in the era of mass delusions. Millions of Americans believe that antifa planned the January 6th attack. Thousands of day traders believe that Elon Musk is looking out for them. Millions of GOP voters swear to defend America’s “free markets”, though today this economic phenomenon can only be seen in museums. Good grief, a not insignificant number of people apparently buy SPAC IPOs! But there’s another mass delusion which no one is talking about. Many Americans apparently believe that the shareholders of US airlines must be bailed out in order to ensure that the industry is able (eventually) to support a strong US economic recovery. This is a lie. Yes, we need a viable airline industry to enable a strong and sustainable economic recovery. No, we don’t have to bribe airline CEOs and stock holders to achieve this. The fact that both Democrats and Republicans in Congress are equally deluded in their support for airline CEO bailouts (having approved ~ $60 billion and counting) makes this a bipartisan hallucination. Airline CEOs are pushing a big lie in order to rip off American taxpayers. Back in the day, Republicans called women with children who needed help, “welfare queens”. Well, what’s good for the goose is good for the gander. Airline CEOs who tell the big lie that keeping them in their jobs and keeping their companies out of bankruptcy is in the best interests of taxpayers are, truly, welfare queens of the coronavirus pandemic.