Another economist reminds us that "financialization" of the world economy has turned it into a "house of cards." Read the whole thing, and then recall that Republicans, the "conservative" party, have become the apostles of handing over our economy to banksters (even more so than Democrats!), and ask yourself if chasing short-term profits and strangling corporations and households with debt exemplifies "conservative" values. I always figured being in it for the long term was more "conservative."
Greg LeRoy argues that politicians shouldn't hand out tax breaks to Amazon in an attempt to get them to bring their warehouses to their state or locality, but rather should impose new taxes and fees upon them. After all, Amazon has largely destroyed local retailing almost everywhere, more, even, than giant chain stores ever did, and while Amazon has been collecting sales taxes for some time now, they've been seeking out corporate welfare handouts to offset that "loss." So why won't politicians impose new fees and taxes? Answers could range from "abject cowardice" to "the hope that Amazon will kick back some campaign donation cash."
Boston University study finds evidence of chronic traumatic encephalopathy (or CTE) in a staggering 110 of 111 brains of deceased former NFL players. There's tremendous "selection bias" in the brains, warns a lead researcher -- BU examined only 111 of some 1,300 brains of players who died after 2008, and many of these brains came from a player's family, some in accordance with the player's wishes -- but even if none of the others showed evidence of CTE, the resulting percentage would still dramatically exceed what you find in the general population. Note well, also, that a lot of these players had long retired before the era of the 300-pound-plus offensive lineman, meaning we can no longer blame the size of the players. We have to blame the game.
Finally, in a development sure to unnerve close readers of the Book of Revelation, a Wisconsin corporation actually plans to offer implantable chips to employees -- so those employees can "open doors, buy snacks, log in to computers, and use office equipment like copy machines." Which we know is absolutely necessary, since it's not like there's any other way to do any of these things. The implants are optional, of course -- until a series of "equipment upgrades" makes them "necessary," no doubt! As Leonard Cohen might say: I have seen the future; it is murder.
Finally, President Trump speaks to the Boy Scouts Jamboree in West Virginia and does what he does best: act like he's the center of the universe and nobody else, even his audience, matters.. I'm not particularly bothered that he "brought politics" to the Jamboree, or even that he yammered on about "fake news" or joked about firing his HHS Secretary or called our Capitol a "cesspool," but it's profoundly uncivilized behavior to take an event that belongs to other people and talk about nothing but yourself and your obsessions, and taking adult topics to a meeting of youngsters, frankly, just heaps injury upon insult. And seriously, segueing from "a scout is trustworthy, loyal" to "We could use some more loyalty"? You could try earning some loyalty, Mr. President.