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Bright eyes (personal)

.[embedded content] People say time heals all wounds. I wish that was true. But some wounds never heal. Even after thirty years you just have to learn to live with the scars. In memory of Kristina Syll — beloved wife and mother of my son David and daughter Tora. But in dreams, I can hear your name. And in dreams, We will meet again. When the seas and mountains fall And we come to end of days, In the dark I hear a call Calling me there I will go there And back again.

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Joseph Schumpeter, Neo-Marxist; Walter Lippman, Fabian Socialist

Alfred Marshall, A. C. Pigou, John Neville Keynes, and John Maynard Keynes were also all Fabian socialists. And fascism is a kind of socialism. I learn these interesting facts from Zygmund Dobbs' book, Keynes at Harvard: Economic Deception as a Political Credo. I refer to the 1962 second edition. This book was spewed out by the Veritas Foundation, a reactionary think tank, I guess, associated with a grandson of Theodore Roosevelt. This book purports to be an examination of how colleges at...

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Good news and bad news on personal income and spending

Good news and bad news on personal income and spending  – by New Deal democrat December personal income and spending had some material for both optimists and pessimists. Let’s look at the good news first, mainly having to do with inflation. Both the total and core personal consumption deflator continued their overall deceleration in December, with the former up +0.3% for the month, and the latter, said to be much beloved by the Fed, up just...

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Gun Violence vs Democracy

California Ranked #1 for Gun Safety, Death Rate 37% Lower than National Average In 2021, California was ranked as the #1 state for population and gun safety by Giffords Law Center, and the state saw a 37% lower gun death rate than the national average. According to the CDC, California’s gun death rate was the 44th lowest in the nation, with 8.5 gun deaths per 100,000 people – compared to 13.7 deaths per 100,000 nationally, 28.6 in Mississippi,...

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Ep. 257: Cullen Roche Interview with Michael Covel on Trend Following Radio

My guest today is Cullen Roche, the founder of Orcam Financial Group, a financial services company based out of San Diego. He also runs a very well-known blog called Pragmatic Capitalism (pragcap.com). The topic is his book Pragmatic Capitalism: What Every Investor Needs to Know About Money and Finance. In this episode of Trend Following Radio we discuss: ▪️ Entrepreneurism ▪️ Investing in yourself ▪️ The advantages of starting a blog ▪️ Why the word “pragmatic” is a word that...

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Q4 2022 GDP positive, but both long leading components continue negative

Q4 2022 GDP positive, but both long leading components continue negative  – by New Deal democrat Here’s my last note for this morning. Real Q4 GDP came in at +0.7%, or +2.8% annualized. While this is lower than most quarters in the past several years, as shown below: Although not shown (due to the huge pandemic swings), it would have been slightly above average for any quarter in the 10 years that predated the pandemic. But as usual,...

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