BIG BEZOS IS WATCHING YOU: 5 ways Amazon monitors its employees, from AI cameras to hiring a spy agency.
Author Archive: Stephen Green
April 6, 2021
CORPORATIONS DON’T PAY TAXES; THEY COLLECT THEM: Biden’s Economic Adviser Proposes Corporate Tax Rate That Exceeds China’s, and Will Land on You.
ALL BUBBLES POP: With the S&P 500 above 4,000 the ‘Buffett Indicator’ is wildly out of whack.
The Buffett Indicator measures the ratio of stock market’s total value to U.S. economic output. The idea is that abnormally huge valuations relative to GDP can only stay at those levels, let alone wax from there, if future earnings also soar to devour a much-bigger-than-normal slice of national income. That can happen for a few heady years. But over a longer span, outsized profits trend back to their traditional share of GDP. As the late economist Milton Friedman used to tell me, “Over time, corporate earnings can’t absorb more their traditional share of national output in our competitive economy.” When that “reversion to the mean” in profits occurs, valuations also drop.
We’ve witnessed that pattern many times. The difference now is that stocks have never defied the Buffett rule for so long, nor gotten so incredibly out of the whack with this heretofore gravity-like force.
Look out below.
KRUISER’S MORNING BRIEF: Media Smears Are Just Making DeSantis Stronger. “We all thought that the mainstream media was at its absolute lowest when President Trump was in office. At the beginning of the year I warned everyone that things were about to get worse. Now the journalist hacks are faced with both propping up the empty husk who is occupying the Oval Office and exorcise the demons associated with Trump still living rent free in their heads. The perversions of the First Amendment have gotten exponentially worse since January 20th.”
WHAT COULD GO WRONG? Neuralink Co-Founder Says We Have the Tech to Build an Actual Jurassic Park. “We could probably build Jurassic Park if we wanted to. Wouldn’t be genetically authentic dinosaurs but [shrugging emoji]. Maybe 15 years of breeding + engineering to get super exotic novel species.”
Has he not seen any of those movies?
PUNCH BACK TWICE AS HARD: Texas Gov. Greg Abbott Throws Fastball at MLB’s Virtue Signaling.
April 5, 2021
SHUT UP OR ELSE, THEY EXPLAINED: SPLC Predicts ‘More Violence’ Because Republicans Don’t Buy the Left’s Narrative on the Capitol Riot.
DON’T BE EVIL OR WHATEVS: Supreme Court Lets Google Off the Hook for Copying Oracle’s Code, Thomas Skewers Twisted Decision.
VODKAPUNDIT PRESENTS YOUR DAILY INSANITY WRAP: Mob Rules — No Justice, Know Peace.
Insanity Wrap needs to know: What does the Left get when they cave to the outrage mob?
Answer: Exactly what they wanted all along.
Before we get to the sordid details, a quick preview of today’s Wrap.
- Know we know what’s worse than a crack ho
- Maybe Amazon should look up the meaning of “hubris” in one of those books they still sell
- Come see the anti-Asian racism inherent in the Leftism
Bonus Sanity: A pro-oil children’s book? Oh, Canada!
And so much more at the link, you’d have to be crazy to miss it.
WELL, HE IS A COMMIE: Sen. Warnock — a PASTOR — Preaches Damnable Heresy on Easter.
“APOLOGIZE FOR WHAT?”: The Stephen Kruiser Top Five List of Things I Won’t Be Apologizing For.
FOLLOW THE SCIENCE: Free states faring far better than lockdown states in one huge way, new data show.
The results are in — and they overwhelmingly vindicate the free states over the authoritarian experiments. First, we saw that states with the harshest restrictions didn’t necessarily achieve the best COVID-19 death outcomes. Florida has fared far better than New York and New Jersey, for example, and multiple studies have found no correlation between lockdown stringency and death rates.
Yet lockdowns have come at an enormous economic and human cost. We’ve seen mental health problems and child suicide spikes, an increase in domestic violence, an uptick in drug overdoses, and much, much more. And, of course, the economic toll of shutting down businesses and criminalizing “non-essential” livelihoods has been devastating.
The national unemployment rate was a poor if not disastrous 6.2 percent in February. Yet the just-released state-level unemployment rates for last month show that the devastation hasn’t been equal across the board. New Labor Department data reveal that many free states have returned to nearly their pre-pandemic unemployment rates — while lockdown states dominate the wrong end of the list.
Freedom, if I may borrow a phrase, works.
NANNYSTATER-IN-CHIEF: Biden Is Unhappy That Baseball Fans Will Be Able to Enjoy Some Baseball.
IT’S GOOD TO BE THE NOMENKLATURA: Biden’s Infrastructure Plan Could Boost Pelosi’s Investment Portfolio. “This is yet another example of Nancy Pelosi using her power to tax the middle class and personally profit from it.”
OH: Personal data from over 500M Facebook users leaked online. “Insider reviewed a sample of the leaked data and verified several records by matching known Facebook users’ phone numbers with the IDs listed in the data set. We also verified records by testing email addresses from the data set in Facebook’s password reset feature, which can be used to partially reveal a user’s phone number.”
KRUISER’S MORNING BRIEF: It’s Official—Alexandria Ocasio-Cortez Is Utterly Useless. “AOC is the epitome of all that is wrong with the digital, social media age. She has the IQ of a baboon’s armpit but has become the gold standard of Democratic politics because she’s made herself social media famous. If you’re of the opinion that a big Twitter presence carries some kind of street cred, that’s cool. If you’re hanging out in the real world, here is the deal about AOC: she’s a paste eater’s paste eater.”
IF IT’S CONDITIONAL ON GOVERNMENT PERMISSION, IT AIN’T FREEDOM: Media Darling Doctor Says The Quiet Part Out Loud: Dangle Freedom As ‘Carrot’ To Force Vaccinations.
April 2, 2021
BUT THE NARRATIVE! Capitol Attacker Identified, and the Left Won’t Like This. “Sources tell Fox News that the suspect’s name is Noah Green, 25, who is from Indiana but has ties to Virginia. According to a source in law enforcement, Green identifies himself as a Nation of Islam supporter, and he may have recently lost his job.”
More at the link.
THIS IS FINE: China’s State Propaganda Group Boasts Control Over Western Think Tanks, ‘Election Integrity’ Groups, And Even Joe Biden’s National Security Team. “A 2017 report effectively claims – on the CCP’s behalf – that CNN host Fareed Zakaria, Twitter CEO Jack Dorsey, Facebook Oversight Board member Helle Thorning-Schmidt, NeverTrump philanthropist Pierre Omidyar and many others ‘co-operate’ with the CCP and its goals.”
Commies boast about a lot of things that just aren’t so, but this one is worth a look.
THE NEW PROGRESSIVISM LOOKS AN AWFUL LOT LIKE THE OLD PATERNALISM: NBC’s Lester Holt Apparently Thinks You’re Too Ignorant to Hear Unfiltered Information and Evaluate It.