Do Immigrants Have the Right to Pursue Happiness?
"Nations don’t have rights. Only people have rights. That’s what the Declaration of Independence says."
American held in ICE custody for 1,273 days just one of many
"Immigration and Customs Enforcement agents repeatedly target U.S. citizens for deportation by mistake, making wrongful arrests based on incomplete government records, bad data and lax investigations, according to a Times review of federal lawsuits, internal ICE documents and interviews."
Bill Bonner: Trump’s Trade Deals Are a Futile Conceit
"At the end of the Korean War, both North and South Korea were poverty-ridden hellholes. But they took different routes. And got very different results."
The latest casualty in the global pension catastrophe is…
"The key issue here: pension plans are almost universally toast."
Supreme Court Screws Small Online Businesses
"Trump’s Supreme Court pick, Gorsuch, cast the tie-breaking vote to drop the guillotine on online small businesses."
Supreme Court rules that states can shake down out-of-state online sellers
"The ruling is likely to lead states to try to collect sales tax on purchases from out-of-state online businesses more aggressively."
ICE abducts 146 workers in raid on Ohio meat facility
"At St. Paul's Church, detainees' family members are seeking answers on what they can do next."
Thanks To Equity Boom, Millionaires Now Control Half of the World’s Personal Wealth
"China trails only the U.S. in the number of millionaires and billionaires. Globally, the ranks of the ultra-rich are expected to reach 671,000 by 2022."
Berkeley, CA declares ‘climate emergency’, calls for ‘humane’ population control
"Is Berkeley’s pledge actually achievable? Evidence from other cities suggests ambitious climate plans often fail."
Fund managers joining Buffett in preparing for an ‘ugly’ downturn
"Beinner highlights the increase of global debt, now upwards of $237 trillion and the way the debt has been dispersed as risks to the economy. Rather than banks holding most of the debt as it happened in the financial crisis, this time it’s hedge funds, private equity and investment managers holding most of it. Also worrisome, he says, ratings agencies are again being overly generous with their appraisals allowing for companies with very high debt levels to gain investment-grade ratings."