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  The American Spitfires
Posted by: andrew_o - 6 hours ago - Forum: Misc - No Replies

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  New STD cases hit a record high in the US
Posted by: ModestProposals - 6 hours ago - Forum: Gloves Off - No Replies

Health officials are reporting another record increase in infections from three sexually transmitted diseases.

Rates for all three have been rising for several years. Health officials have said better testing and diagnosis have helped increase detection of
cases, but also that treatment and prevention programs have been hurt by budget cuts.


If I remember the statistics correctly, 1 out 2 American adults over the age of 16 are infected with either a curable or incurable STD.

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  Colliding cultures?
Posted by: silverfish - Yesterday, 06:02 PM - Forum: Misc - Replies (1)


I don't know the date of this event, I couldn't find it on the Telegraph article.

My reactions were foremost that it is very sad as this person was only 21, obviously intelligent to be studying engineering, somebody's kid, under a lot of stress and needing help.  And that the crazy culture that most of us aren't just men and women, and the dotty pronouns, just weren't helping this person.....I struggle to avoid pronouns, the PC police are too scary.

And this dotty culture collides with the shoot to kill American police.  Some other countries' police will try to stop these people without killing them. 

Where was the help and caring for a young student?  Among all the dotty pronouns, ordinary student and young person caring services just didn't seem to be there for them?  (I hope "them" is the correct pronoun, this is so much more important than looking after young people).

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  Study: In Capitalism, the rich get richer and the poor get poorer
Posted by: ModestProposals - Yesterday, 11:06 AM - Forum: Markets, Money & Investing - Replies (3)

Back in 1980, the bottom 50 percent of wage-earners in the United States earned about 21 percent of all income in the country - nearly twice as much as the share of income (11 percent) earned by the top 1 percent of Americans.

But today, according to a massive new study on global inequality, those numbers have nearly reversed: the bottom 50 percent only take in 13 percent of the income pie, while the top 1 percent grab over 20 percent of the country's income.

Since 1980, in other words, the U.S. economy has transferred eight points of national income from the bottom 50 percent to the top 1 percent.


The inaugural World Inequality Report published on Thursday by economists Thomas Piketty, Emmanuel Saez, Gabriel Zucman, Facundo Alvaredo and Lucas Chancel documents the rise in global income and wealth inequality since 1980.

The report covers through 2016, leaving out the previous year, in which the stock market has soared on the expectation that the US will enact massive tax cuts, providing yet another windfall for the rich.

The report found that between 1980 and 2016 the world’s richest one percent captured twice the income growth as the bottom half of the world’s population, contributing to a significant rise in global inequality.

[Image: image.png?rendition=image480]
Top 1 percent vs. Bottom 50 percent national income shares in the US 1980–2016

The data shows that the world’s top 0.1 percent alone captured as much growth as the bottom half, and the top 0.001 percent, just 76,000 people worldwide, received 4 percent of global income growth.


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  Ryan: Americans need to have more babies
Posted by: ModestProposals - Yesterday, 01:25 AM - Forum: Gloves Off - Replies (1)

So out of touch that he doesn't realize that AI and automation will eliminate most jobs in the next 20 years, Paul Ryan calls for Americans to have more babies instead of less.


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  Why American capitalism doesn’t work for all Americans, says Nobel winner Angus Deat
Posted by: ModestProposals - 12-14-2017, 06:06 PM - Forum: Gloves Off - Replies (2)

So we trace this back sort of a long way, and if you look at birth cohorts it is like each successive birth cohort is doing worse. They are more susceptible to these deaths throughout life, and the deaths rise with age more rapidly for younger cohorts, so we’re attracted by this idea that there is a cumulative process going on which is steadily getting worse over time. And, you know, the destruction of the way of life of the white working class is maybe a good way of thinking about this. I mean we are very attracted by that. You know, the ultimate poison may be in the labor market, but, it works through a lot of other bad stuff that is going on — like the decline in marriage rates, the increase in out-of-wedlock childbearing, and all those sorts of things. It is those things that get to middle age and your life has not worked out the way you thought, not just in terms of the salary you earned, but also your marital relationship, your kids who you may not know anymore and who are living with someone else. So there are a lot of people who in their 50s that find that their life has just sort of come apart.

One story is just that there has been this slow loss of the white working class life. There has been stagnation in wages for 50 years. If you don’t have a university degree, median wages for those people have actually been going down. So it is just like that model, whereby American capitalism really delivered to people who were not particularly well-educated, seems to be broken.


Yes indeed.  In America, Capitalism is broken.  Looks like it can't be fixed.  So the Millenials are strongly drifting towards Socialism.

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  What Americans are really wasting their money on
Posted by: ModestProposals - 12-14-2017, 01:03 PM - Forum: Markets, Money & Investing - No Replies

Here’s the typical monthly budget for U.S. households. How does your budget compare?

Housing: 33% ($18,886 a year)
Transportation: 16% ($9,049 a year)
Food: 13% ($7,203 a year)
Pensions and insurance: 11% ($6,831 a year)
Health care: 8% ($4,612 a year)
Other: 7% ($3,933 a year)
Entertainment: 5% ($2,913 a year a year)
Apparel and services: 3% ($1,803 a year)

(Calculations are based on BLS data. Does not equal 100 because of rounding).


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  Anonymous warns world to ‘prepare’ for World War 3
Posted by: ModestProposals - 12-14-2017, 05:57 AM - Forum: Politics - No Replies

The infamous hacktivist group Anonymous has released a chilling new video — urging people across the globe to “prepare” for World War 3 — as the US and North Korea continue to move “strategic pieces into place” for battle.

“All the signs of a looming war on the Korean peninsula are surfacing,” the group says in the ominous six-minute clip, posted on YouTube over the weekend.


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  Security robot that deters homeless encampments in the Mission gets rebuke from city
Posted by: ModestProposals - 12-14-2017, 05:28 AM - Forum: Gloves Off - No Replies


The S.F. SPCA in the Mission District started using a security robot about a month ago in its parking lot and on the sidewalks around its campus, which takes up a whole city block at Florida and 16th Streets. Last week, the city ordered the SPCA to keep its robot off the sidewalks or face a penalty of up to $1,000 per day for operating in the public right-of-way without a permit.

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  Has the housing market recovered? Ask the 1.4 million homeowners still underwater
Posted by: ModestProposals - 12-14-2017, 04:55 AM - Forum: Markets, Money & Investing - No Replies

December marks the 10-year anniversary of the Great Recession, and the onset of all the losses it brought: jobs, wages, homes, credit scores, and so much more.

At the center of the recession, and the financial crisis that rocked markets in 2008, was the housing bubble.
Now, by many measures, housing has healed. Home prices have surpassed their bubble-era peaks in many, though not all, metro areas. The homeownership rate seems to have hit bottom and has climbed two quarters in a row. And foreclosures, by one measure, fell to the lowest ever in the third quarter.

But this chart tells a different story.

The number of homeowners who are underwater on their mortgage – meaning they owe a lender more than their home is worth – is still more than double what was normal in the years before the bubble.

That number, 1.36 million, comes from Black Knight BKI, +0.67 %, the real estate data provider able to provide MarketWatch the longest time series of this borrower data.

It may seem jarring that more than a million homeowners still haven’t climbed above water so many years after the bubble burst, even in a housing market supposedly starved for inventory. And yet that measurement doesn’t even account for the homeowners who have some equity, but not enough to make financial sense to sell their properties.

Earlier this year, Attom Data estimated there were millions of such homeowners.

As Attom said at the time, those homeowners are stuck in limbo. They represent “laden” inventory, bogging down the market and snarling the normal patterns of exchange of homes between owners.

For owners, they also represent lost equity, deferred or dashed plans, and lack of mobility – all worth remembering as the stock market hits fresh highs and assets that didn’t even exist when the housing bubble popped grip headlines.

Even as policymakers assess the handling of the crisis in order to prepare for the next one, these 1.36 million homeowners are a reminder that the last one isn’t over yet.


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