Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Elizabeth Warren

Politics

Bernie and Biden Collapse, women gain

Biden, did a little better than Bernie his support fell by 4% from 34% in June 2019 to 30% in July 2019. If Biden’s support falls by 4% each month between July and the 3 February 2019 Iowa caucus, the former vice president will have a 6% level of support.
 
To clarify, if you multiply 4% by six, the number of months until the Iowa Caucus you get 24%. Thus, Biden needs to do something and fast, or he’s toast.

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Politics

How Bernie Sanders Could Change American Politics

The most intriguing part of Sanders’ campaign then could be to introduce America to the Ronald Reagan of the left. I imagine that person is out there right now, and historians of the future will credit Sanders as bringing him or her onto the national stage.

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Politics

What Can Cameron’s Victory Tell Us about the Next US Presidential Race?

Centrism is dead. Despite all the talk of the need for political moderation and compromise in politics, the middle lost big in Britain. The moderate Liberal Democrats lost most of their seats in the election.

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Politics

America Moves to the Left

What’s truly interesting is that the presence of someone as leftwing as Sanders in the Democratic presidential race would have unthinkable just 10 years ago. Today both Sanders and the most popular alternative to Hillary, U.S. Senator Elizabeth Warren (D-Massachusetts), are very leftwing.

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Politics

What is the Cause of Income Inequality?

You see the problem here. Technology is most likely to take the jobs of those members of the working and lower middle classes that make the most. It also takes the jobs that provide them with some upward mobility. This

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PoliticsYou Missed It

War on Wall Street Looms in Politics, Washington

The political implications of this are obvious: Wall Street is going to be a major issue in the 2016 presidential campaigns. Economic issues, such as income inequality, financial regulation, student loans, jobs, etc. will be the defining ones in the election. Those who want to win elections, or at least Democratic primaries, will have to be the most vocal in attacking it.

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