Market Mad House

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

Bernie Sanders


The Washington Post’s Presidential Wish List

Buttigieg received only 0.6% of the delegates and 2.5% of the popular primary vote, yet Post writer Aaron Blake claims Pete “ran a good campaign.” Blake’s idea of a “good campaign” is strange. I think a good campaign is one that wins large numbers of votes or delegates. Blake, however, has a different idea.

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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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Market Insanity

Bernie Sanders wants a $15-an Hour Wage at Walmart

The $15 an hour minimum wage could have killed 20,000 temporary jobs at Amazon.

To clarify, Quartz estimates Amazon will hire 100,000 temps for holiday season 2018. In contrast Amazon hired 120,000 temporary workers for holiday seasons in 2016 and 2018.

Amazon no longer needs the 20,000 temps because of its deployment of Kiva robots in fulfillment centers, Citi analyst Mark May theorizes. In particular, Kiva robots eliminate workers who pull merchandise from the shelves.

Instead, the robots literally bring the shelves to the workers who pull and pack and the goods for shipment. Quartz claims, Amazon cut the time needed to pull and pack an order from an hour to 15 minutes with robots.

To be fair to Bernie, Amazon would have deployed the robots with or without the $15 wage. In fact, the robots could have made the $15 wage possible by reducing the size of the labor force. Amazon is paying workers more because it has fewer of them thanks to robots.

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Single-Payer Health Insurance advancing Fast in America

America’s most influential single-payer advocate might be its’ most famous capitalist; Warren Buffett. Uncle Warren supports single payer because he thinks healthcare costs are a threat to American competitiveness.

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Push for Medicare for All Begins

A major push for single-payer health insurance has begun in the wake of the defeat of the Republicans’ Obamacare light health insurance proposal. Not surprisingly U.S. Senator Bernie Sanders (I-Vermont) is leading the charge for Medicare for All.

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Amendment 69: Colorado’s Flawed Single-Payer Healthcare Proposal

Amendment 69 is a poorly-designed and badly-written piece of legislation every person who believes in justice and common sense should vote against. That goes doubly so for people who believe in single-payer healthcare, because this shoddy ballot measure gives the concept a bad name.

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You Missed It

Top General Validates Bernie’s Syria Policy Suggestion

Bernie Sanders’ proposal for dealing with Syria has been validated by a very surprising individual – one of America’s top generals.

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My Thoughts

Utopian Bureaucracy

Bureaucracy is basically a utopian experiment because its practitioners often disregard reality and human nature and expect unrealistic results. They seek to perfect society and humanity itself by setting up bureaucratic structures and imposing and enforcing rules. Examples of this paradigm include Prohibition, the War on Drugs, the Iraq War, The War on Poverty, foreign aid, regulation of business, deregulation of business, the War on Terror, nationalization of industries, denationalization of industries, colonialism, and the Soviet Union, among other stupidities.

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Long IdeasThe Death Spiral

Some Numbers prove that Income Inequality is real and more destructive than you think

The percentage of Americans with no credit cards in 2014 was 29%, up from 22% in 2008 and 20% in 2006, according to a Gallup Survey cited at If these numbers are correct nearly 10% of Americans can no longer quality for a credit card or feel they cannot pay off the balance.

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