"By 2017, millennials will have more buying power than any other generation.
But so far, they're not spending like their parents did."
Important stuff you won't get from the liberal media! We do the surfing so you can be informed AND have a life!
A 10-year-old girl was shot in the head and critically injured by a stray bullet fired into her home in the Garfield Park neighborhood Friday afternoon, authorities said.The girl, and another 12-year-old shot in the same neighborhood, are among 22 people shot between about 3:30 p.m. and 3 a.m.The 10-year-old was shot in the head in the 3900 block of West Gladys Avenue about 9:35 p.m., said Police News Affairs Officer Amina Greer. The girl was taken, initially in critical condition, to Mount Sinai Hospital, according to the Chicago Fire Department, and later was considered in extremely critical condition, according to police. Police said she was brain dead.
I only recently came to appreciate the limited power of logic, reason and evidence to change minds. Most of us, whether we know it or not, are driven by emotion and group loyalty. Cognitive scientists have long known about a phenomenon called “motivated reasoning”—we tend to use logic and reason, not to discover what we believe, but to confirm what we already think we know. Instead of changing our minds in the face of contradictory evidence, we are more likely to seize on rationalizations for what we already believe. I see this tendency in myself once in a while and try mightily to resist it.
The Millennials have been cheated out of a serious education by their Baby Boomer teachers. Call it a generational swindle. Even the best and brightest among the 20-somethings have been shortchanged. Instead of great books, they wasted a lot of time with third-rate political tracts and courses with titles like “Women Writers of the Oklahoma Panhandle.” Instead of spending their college years debating and challenging received ideas, they had to cope with speech codes and identity politics. College educated young women in the U.S. are arguably the most fortunate people in history; yet many of them have drunk deeply from the gender feminist Kool-Aid. Girls at Yale, Haverford and Swarthmore see themselves as oppressed. That is madness. And madness can only last so long. So, I plan to continue writing books and articles, making my Factual Feminist videos and lecturing at as many campuses and laws schools as I can. American colleges have been described as islands of repression in a sea of freedom. I want to encourage rebellion among the islanders.
Activists in Northern California, near the border with Oregon, are pushing to secede from the Golden State. They say they're fed up with taxes, regulation, and lack of representation. If they get their way, the country's 51st entrant would be called the State of Jefferson.
"The three major urban areas dictate politics for the entire state," says Mark Baird of the Jefferson Declaration Committee. "Our children are leaving, our economy is crashing, we are taxed, every breath we take is regulated, and we feel that a free state will cure that."To date, five county governments have signed on the plan and more may be joining up."We can't afford to run a California style beauracracy, that is true," says Baird. "But as a small rural state, we don't want to. "The idea of secession in California isn't new. During the Great Depression, folks started pushing a similar plan in the same part of the state, but threw in the towel after the Japanese bombed Pearl Harbor in 1941.Both California's state legislature and the U.S. Congress would have to approve the plan to make Jefferson more than a pipe dream. That's not going to happen any time soon, but Northern California's separatist movement is worth exploring as a way of pushing back against a distant and unresponsive government.
As Detroit draws worldwide attention for its record $18 billion bankruptcy, Flint demonstrates the plight of U.S. cities where unfunded post-retirement costs rival or exceed pension liabilities. In Michigan alone in 2011, municipalities had nearly $13 billion in health-care liabilities for retirees, compared with about $3 billion for pensions. Flint is among 17 cities and school districts under some form of state control.More than 80,000 Flint-area residents were employed by GM in 1978. Now, that number is about 7,500, according to a 2011 report by Michigan State University.In the past two years, the municipal workforce has been cut 20 percent and employees have taken a 20 percent pay cut.
Like Detroit, which a year ago this week filed the largest U.S. municipal bankruptcy, Flint has struggled with loss of population, jobs and revenue. The birthplace of General Motors Co. has only half its population of 1960.“If we have no ability to mitigate the cost of retiree health care, that’s going to make it very difficult for the city to remain financially stable over the next few years,” Earley said in an interview at City Hall. Without changes, retiree pension and health expenses would consume 32 percent of the $55 million general fund.“You can stabilize things by making sure that you’ve got the best systems in place for delivering services,” Earley said. “We haven’t had that in Flint for a number of years. We haven’t had that in Detroit for a number of years.”
The city’s accumulated deficit is $12.9 million, though its budget is balanced through June 30, 2016. Allowing higher insurance co-pays and deductibles for retirees will save $5 million this year, Earley said. That would make retirees’ coverage equal to that of active employees, he said.Retirees already have made wage and pension concessions, and now will pay hundreds of dollars a month for prescriptions and co-pays, their attorney, Alec Gibbs, said in an email. He said retirees on fixed incomes will face life-threatening choices.“Think of the position that they are putting these guys in: Pay for your health-care costs and starve, or use your fixed and paltry income to eke out a painful, shortened life,” Gibbs said.Blaming retirees is unfair, said U.S. Rep. Dan Kildee, a Flint-area Democrat who founded the Center for Community Progress, a Washington, D.C.-based advocate for urban revitalization. More culpable, he said, are shrinking local revenue and the state’s cumulative $54.9 million reduction in aid to the city since 2003, according to the Michigan Municipal League.“It’s a conspiracy of bad news,” Kildee said. “The state balanced its budget by unbalancing city budgets.”
“If Flint were to go to bankruptcy, that would highlight that this legacy-cost problem has to be addressed more globally,” said Eric Scorsone, a Michigan State University economist. “Flint’s at the forefront, but a lot of cities are on the same train, and that train is headed for the cliff.”
"They used this donkey as a human shield, or an animal shield, if you like," said Major Arye Shalicar, an army spokesman. By running an experiment among Germans collecting their passports or ID cards in the citizen centers of Berlin, we find that individuals with an East German family background cheat significantly more on an abstract task than those with a West German family background. The longer individuals were exposed to socialism, the more likely they were to cheat on our task. While it was recently argued that markets decay morals (Falk and Szech, 2013), we provide evidence that other political and economic regimes such as socialism might have an even more detrimental effect on individuals’ behavior.
If socialism indeed promotes individual dishonesty, the specific features of this socio-political system that lead to this outcome remain to be determined. The East German socialist regime differed from the West German capitalist regime in several important ways. First, the system did not reward work based to merit, and made it difficult to accumulate wealth or pass anything on to one’s family. This may have resulted in a lack of meaning leading to demoralization (Ariely et al., 2008), and perhaps less concern for upholding standards of honesty.Furthermore, while the government claimed to exist in service of the people, it failed to provide functional public systems or economic security. Observing thismoral hypocrisy in government may have eroded the value citizens placed on honesty. Finally, and perhaps most straightforwardly, the political and economic system pressured people to work around official laws and cheat to game the system. Over time, individuals may come to normalize these types of behaviors. Given these distinct possible influences, further research will be needed to understand which aspects of socialism have the strongest or most lasting impacts on morality.