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If they had been there for a decent period of time Mississippi would be a global economic powerhouse. The overseas chinese are a mighty economic force and one of the wealthiest sub-populations in the world.

You are pretty obviously wrong. Race is not about "color". It is more accurately described as the region of origin of your "kin" where your group evolved separately from other groups for many thousands of years. The empirical evidence for distinct race differences on a wide range of...

One final note. It is not simply that some of our "diverse" elements are less intelligent and have lower impulse control, (which truly comes home to roost when a disaster strikes). Diversity itself is a huge negative when it comes to civic-mindedness, community spirit, trust, and a...

This article is related insomuch as what causes "America" to be low in measures of civility and criminality (of which i include a criminal response to disasters) relative to less "diverse" nations is made abundantly clear by the use of NYC crime stats...

It depends on what you mean by "better". Certainly, west african blacks excel beyond other races at running and jumping. It has to do with their unique anatomical structure and muscle mass. Certainly, Japanese people on average are far more intelligent than west african blacks. If you...

This is how a usury based economy functions. The old testament has a story about two brothers, Esau and Jacob. Esau is slightly older so is in line to inherit the title and estate from the father when he passes on. Esau is the brawny, hard working "real man" who spends his day being...

Folks wake up. $1million is not what it used to be. 10M is the new $1M. A few million invested only secures a lower middle class lifestyle if one is not annuitizing principle. $10M only secures a professional level income without annuitizing principle. That is well off compared...

Most the people I see sporting those bags today look just like the image but 300lbs heavier and sporting a weave of some kind.

Mr. King are you doing business with IB?

So long as we do not have a wealth tax, one of the best ways to reduce taxation is to reduce realized income. This is not relevant to the wage earner, however for many here who i assume are investors it is perhaps the best method.

One way the connected Oligarchs near the top of the pyramid protect themselves is by defining "wealthy" by what is within the average, middle class person's framework of reference, rather than by what "wealthy" really means in the global corporatist/crony capitalist system. A while back a...

Trends do not exist objectively without definition. I believe that is his point. This is true for much of the conceptual language that we find useful, as I tried to point out. This is true even for the statistical tests for trend that you mentioned. They are valid (objective) to you...

Ok Surf, what about the concepts: High vs. Low Up vs. Down Large vs. small stationary vs. non-stationary Surf, once again, how do you compute something that is subjective? Something is "high" not do to its inherent nature but to its relative position. Defining "high" is...

Hydroblunt is correct and your book is wrong. Capitalists naturally crave a monopoly and the state is the only sure way of getting one. In Buffett language, no "moat" is more effective than state sponsorship. "Free market capitalism" is the capitalist ideology of those looking to...

Completely false. There are tons of opportunities to get ahead. Some things may be going from bad to worse, yet there are still many, many chances to get ahead. Just need to learn to play the game.

Larry Summers seems to be an interesting case. So far as I can see he has left a trail of destruction in his wake everywhere he has gone, yet he maintains his power. A few examples: -aided and abetted the massive theft of Russian industrial assets and raw materials such that much of...

B u m p ?

Oh I believe it. In my case it will be penance for the smart-mouth, moody, obnoxious, know it all i was at that age.

Good point. Just last week my 1 year old son walked on his own for the first time after I had been working with him on it for about a month or so. By far my happiest moment of the past 20 years. In fact watching him grow and teaching him has given me many "happiest moments"...