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The Doge πŸ”—
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Meanwhile in Japan πŸ”—
1458290896  

🏷️ news
Savers are being forced into bonds by making bank rates even further negative than bonds. Talk about financial oppression and theft on a massive scale.

T-Bills getting dumped, the fed is monetizing much of it πŸ”—
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🏷️ news
The overseas regimes are desperate to raise cash to stave off becoming Venezuela for another few months. The monetization is also behind the inflation that is really starting to pick up worldwide.

Intel: Making nice consoles now πŸ”—
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🏷️ news
I might just grab one of these in lieu of a laptop and get a portable monitor & video card. No more laptop for me :)

The feds own much more land than you think πŸ”—
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🏷️ news
One point to make here is that there is over 70 percent more submerged lands in the US than the total amount of dry land in this country. That is, the federal government owns more submerged land than the total amount of land in the 50 states.

Thus, 76.9 percent of total land in the United States is government owned. There is no doubt that regarding this essential resource, land, our economy is heavily socialized.
Don't forget the friendly skies, which are 100% socialized.

Boston Dynamics 4 sale πŸ”—
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🏷️ news
Google didn't want to be part of the terminator program, at least publicly.

Lavabit case was about getting to Snowden πŸ”—
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🏷️ news
More or less what you would expect from the satanic minions of DC.

Overvalued and undervalued πŸ”—
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🏷️ blog
Simon Black has an interesting article about whether the Singapore market is relatively "cheap" at roughly 1/1 Market cap/GDP. While this seems superficially like a decent measure, it falls down upon closer analysis.
  1. GDP is a flawed yardstick; you should subtract rather than add government spending. Use Mark Skousen's Gross Output measure where you can.
  2. Single indices do not necessarily reflect the total output of a country, but neither do aggregate measures like GDP/GO. A more thorough analysis would divide up the gross output by that covered by the relevant market sector(s) represented by the index you look at.
  3. Using indices, while good from a hedging against Macro trends POV, is never gonna net you the large gains you can get from value investing in individual firms. To use this approach with individual firms, you would need to further subdivide your analysis into 'how much of a share of output does this firm represent versus their market cap?' Doing so you can actually make a pretty good spreadsheet and sort from top to bottom as to "who are the winners and losers" in the overvalued/undervalued game.
Real investing takes careful planning and thought, not buying indexes and wishing. But doing the homework isn't really that hard if you know what statistics to look for. Like in Moneyball, the game can be won if you look at the right parameters. For value investors, overvalued/undervalued is the most important parameter.

Of course, other relevant statistics exist; nobody would buy a heavily undervalued buggy whip maker in 1912 (except to strip the assets and liquidate it). Earning potential and more traditional measures like P/E should influence your winnowing past 'undervalued or overvalued'.

IRS destroys automatic gratuities πŸ”—
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🏷️ news
Be nice, always tip in cash.

Syrian Kurds: Independence declarin' individuals πŸ”—
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🏷️ news
Good for them.

Erdogan: Democracy, Freedom have no value πŸ”—
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🏷️ news
Tell us how you really feel.

OTA "upgrades" coming soon to cars πŸ”—
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🏷️ news
E.G. the cops remotely disable your vehicle. No thanks.

Venezuela: back to the dark ages πŸ”—
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🏷️ news
Week long blackout.

GOP: Voters don't matter πŸ”—
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🏷️ news
Just like in the general election, their electors do whatever the hell they want in reality.

Moneyball for fiction authors πŸ”—
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🏷️ news
This is pretty cool. I'm excited to see the improvement in fiction due to this; 99% of it is total crap.

Brain Haemorrage: can't quit wisecracking πŸ”—
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🏷️ news
This sounds like one of the cooler brain afflictions out there.

The "Tully Monster" πŸ”—
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🏷️ news
A prehistoric giant lamprey. Remarkable.

FAA's rationale for registering drones overblown πŸ”—
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🏷️ news
Much of the fear around drones hitting aircraft has been driven by FAA reports from pilots who have claimed near-misses with small drones. But an investigation last year by the Academy of Model Aeronautics (AMA) found that of the 764 near-miss incidents with drones recorded by the FAA, only 27 of themβ€”3.5 percentβ€”actually were near misses. The rest were just sightings, and those were often sightings that took place when drone operators were following the rules. The FAA also overcounted, including reports where the pilot said explicitly that there was no near miss and some where the flying object wasn't identified, leading the AMA to accuse the FAA of exaggerating the threat in order to get support for its anti-drone agenda.
...
And the frequency of injuries caused by drone collisions, they estimated, would be another two orders of magnitude smallerβ€”happening once every 1.87 million years of operation. "This appears to be an acceptable risk to the airspace," they concluded.
The facts tend to be the opposite of government people's breathless hyperventilation against nonexistant "threats". Like I said back when this started, this is nothing more than a power grab. The FAA keeps the skies deserted, so birds will always be a greater danger than drones.

Kops gun down man for brandishing 5gal bucket πŸ”—
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🏷️ news
"I was afraid for my life"

This kop gets it πŸ”—
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🏷️ news
For six years, Fiorito was running a scheme in which he falsely arrested people on DUI charges so he could get overtime pay for the resulting court appearance.

After the full scope of his corruption was revealed, Fiorito resigned, but state’s attorney Anita Alvarez never pressed charges against him, despite claiming that her office was investigating the officer for over a year.
He understands and unashamedly acts as revenuer. The smart cop simply pulls over people nonstop for his entire shift and makes shit up to maximize revenue and hit the quota.

No-Permit open carry comes to OK πŸ”—
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🏷️ news
yay!

Crytek releases engine as "pay what you want" πŸ”—
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🏷️ news
That's pretty competitive with Unreal engine. They're gonna start getting traction like that.

Mises Brazil update πŸ”—
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🏷️ news
Apparently their outreach efforts during the protests to oust their current corrupt el supremo has really got legs. Excellent news.

KKK Trollin' Hillary πŸ”—
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🏷️ news
With an endorsement of course!

Hobo who beat the kops in court gets killed πŸ”—
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🏷️ news
I mean "dies all the sudden while in custody".

VPN comparison Chart πŸ”—
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🏷️ news
iVPN sounds pretty good.

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