In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
“We should have a society that measures progress not just by economic metrics like GDP, but by how many of us have a role we find meaningful,” the billionaire said. “We should explore ideas like universal basic income to give everyone a cushion to try new things.”
“We’re going to change jobs many times, so we need affordable childcare to get to work and healthcare that aren’t tied to one company,” Zuckerberg said. “We’re all going to make mistakes, so we need a society that focuses less on locking us up or stigmatizing us. And as technology keeps changing, we need to focus more on continuous education throughout our lives.”
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This poll seems to verify the claim that 26% of Americans are atheists. Gallup’s book of fables percentage (26%), matches the percentage of study participants identified as atheists in a recent research paper also (26%).
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If this research is accurate it would make atheists America’s largest religious group. The Religious Landscape Study found that Evangelical Protestants are the nation’s largest religious group composing around 25.4% of the population.
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The most logical explanation for this attack is that it is an effort to hurt British Prime Minister Theresa May and her Conservative Party. May has scheduled a snap general election for June 8. A cyberattack on critical infrastructure just three weeks before that election does not seem like a coincidence.
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There are between $111 billion and $193 billion in unfunded pension obligations in Illinois alone. Much of the problem is with the Teacher’s Retirement System of Illinois, where investments were only returning 7% or seven cents on the dollar, the System’s executive director Richard Ingram told CNBC. That means schools have to cover the other 93¢ by slashing things like teachers’ salaries, roof repairs and the textbook budget.
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“The universal basic income gives people a degree of certainty and proper security,” Kerr told The Guardian. “Few people now can expect to go through their entire working lives in the same job. People change jobs much more frequently and this leaves gaps and we don’t deal with the gaps properly. It takes weeks to register and to become eligible for payments and weeks for them to come through. By that time, they have become consumed in a spiral of debt from which they rarely emerge.”
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The Public Pension Crisis. State and local governments across the nation have accumulated $4.798 trillion in pension obligations, but they have only $3.607 to cover the promises to employees, The Hoover Institution calculated. That means they will have to come up with $1.91 trillion, and the most likely place it will come from is cutting basic government services.
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There are many ways hackers could use Central Banks to disrupt an economy. An obvious one would be to start dumping unlimited amounts of debt on the market. Another would be to start buying up unlimited amounts of debt. Either scenario might trigger inflation or overheat the markets. Even a simple action like sending out a fake press release stating that the bank was about to raise interest rates would wreak havoc in the market.
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Big oil is withering away before our eyes, and destroying a classic value investment in the process. No oil company seems to be shrinking faster than Exxon-Mobil (NYSE: XOM).
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