Friday, January 30, 2015

TaxProf Blog: Corporate Profits Soar, Average Incomes Plummet

The news here, overall, is this: The American economy is getting bigger, but average incomes are shrinking. If that trend continues, it will eventually spell economic, social and political trouble for the country.

http://taxprof.typepad.com/taxprof_blog/2015/01/corporate-profits-soar-.html

via taxprof.typepad.com

January 30, 2015 | Permalink | Comments (0)

The Insiders: How will Hillary Clinton not disappoint? - The Washington Post

Anyway, Clinton’s problems are preferable to most of the potential Republican candidates’ problems, but nonetheless, they are problems. And so far, it appears that she is going to deal with her problems by punting and delaying rather than engaging in a more confident, direct appeal. It’s hard to run for president and hide at the same time. This could give Republicans an opening.

via www.washingtonpost.com

January 30, 2015 | Permalink | Comments (0)

Andrew’s Burnt Out? Blogs Are, Too - The Daily Beast

Today, the advantages and limitations that shaped blog writing into an even notionally recognizably form don’t exist. Blogging was once the fastest form of one-to-many publishing available; today, there’s a kaleidoscope of options: Facebook (which in the early days of blogging was still limited to people will specific .edu addresses), Instagram, Vine, Twitter, Snapchat, things the kids are using that I haven’t heard of yet.

via www.thedailybeast.com

If Ann Cox says it, it must be true. Just kidding. I'm still not over all her jokes about a&&-fu#@ing. It made it hard to take her seriously, ever. I know that blogging is unfashionable. But I'll still do it. I'm not even sure why. I have noticed that when I have this outlet, I don't argue with my colleagues. So it's a win-win.

January 30, 2015 | Permalink | Comments (0)

Socialism Is Like a Nude Beach—Sounds Like a Great Idea Until You Get There | The 10th Man Investment Newsletter | Mauldin Economics

In addition to debt forgiveness, Syriza wants a bunch of other stuff, including forgiveness of bank debt for people who are unable to meet their obligations. It’s no coincidence that the Greek stock market was down 13% when the snap election was announced, led by the banks.

via www.mauldineconomics.com

I had never heard the line about the nude beach before. It's perfectly true.

January 30, 2015 | Permalink | Comments (2)

'Ferocity' of China crackdown 'unseen in recent years' - Yahoo News

China is violating human rights at an intensity that is unprecedented in its recent history, a top watchdog group said Thursday.

The ruling Communist Party has "unleashed an extraordinary assault on basic human rights and their defenders with a ferocity unseen in recent years", the New York-based group Human Rights Watch said in its annual report.

via news.yahoo.com

January 30, 2015 | Permalink | Comments (0)

Sheldon Silver gave horndogs free rein | New York Post

In the end, it was money, not sex, that brought down New York state Assembly Speaker Sheldon Silver. And that’s a giant slap in the faces of women who’ve toiled long and hard in the state capital in Albany.

via nypost.com

A quick education in NY state politics.

January 30, 2015 | Permalink | Comments (0)

Woman accepts cliffside proposal, then falls to her death | New York Post

A vacationing woman accepted her boyfriend’s romantic marriage proposal in a picture-perfect cliffside setting in Ibiza — only to fall off the edge to her death as she jumped up and down for joy.

via nypost.com

Well, this just goes to show you.

January 30, 2015 | Permalink | Comments (1)

Transgender kids show consistent gender identity across measures

A study with 32 transgender children, ages 5 to 12, indicates that the gender identity of these children is deeply held and is not the result of confusion about gender identity or pretense. The study, led by psychological scientist Kristina Olson of the University of Washington, is one of the first to explore gender identity in transgender children using implicit measures that operate outside conscious awareness and are, therefore, less susceptible to modification than self-report measures.

via medicalxpress.com

January 30, 2015 | Permalink | Comments (0)

Bibi Surges in Israeli Polls - Breitbart

The Post attributes Netanyahu’s improved showing to the cross-border conflict with Hezbollah, which attacked Israeli soldiers earlier this week, killing two. The attack was a retaliation, likely orchestrated by Iran, for Israel’s strike on a Hezbollah convoy in the Syrian Golan Heights earlier this month, in which an Iranian brigadier general was also killed.

However, this is also a week in which Netanyahu has been the target of withering criticism from the American and Israeli left over his decision to accept Speaker of the House John Boehner’s invitation to address Congress in March. If that has harmed Netanyahu, it has not prevented him from taking the lead–and it may even have rallied Israeli voters around him.

via www.breitbart.com

January 30, 2015 | Permalink | Comments (0)

Bibi Surges in Israeli Polls - Breitbart

The Post attributes Netanyahu’s improved showing to the cross-border conflict with Hezbollah, which attacked Israeli soldiers earlier this week, killing two. The attack was a retaliation, likely orchestrated by Iran, for Israel’s strike on a Hezbollah convoy in the Syrian Golan Heights earlier this month, in which an Iranian brigadier general was also killed.

However, this is also a week in which Netanyahu has been the target of withering criticism from the American and Israeli left over his decision to accept Speaker of the House John Boehner’s invitation to address Congress in March. If that has harmed Netanyahu, it has not prevented him from taking the lead–and it may even have rallied Israeli voters around him.

via www.breitbart.com

January 30, 2015 | Permalink | Comments (0)