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Welcome to our Friday roll up, where we highlight the most interesting, absurd, and concerning stories we are following this week.

Can’t sue cop for breaking domestic violence victim’s bones

It all started when a boyfriend playfully tried to push his girlfriend into the pool.

Most people would see that as harmless horsing around. But one lady saw domestic violence. So she called the police.

Police came and arrested the boyfriend. His girlfriend,[...] Click here to continue reading

Earlier this year the US government reported that Social Security’s long-term, unfunded liability now exceeds $50 TRILLION.

Moreover, they forecast that the Social Security and Medicare trust funds will run out of money in 2034.

This is the government’s own calculation.

(And the government’s math is based on rosy assumptions that there will be no more wars, recessions, financial crises, major disasters, etc. which could make the problem even worse.)

Bottom[...] Click here to continue reading

From time to time it’s important to take a giant step back and take a fresh look at everything that’s going on with a big picture perspective.

The last few weeks has been nothing short of incredible… so many important things happening that have never happened before ever. Let’s take a step back together:

1) $50 billion to “elevate your consciousness”

As we discussed on Monday, WeWork filed its formal IPO paperwork[...] Click here to continue reading

The year was 1967. Ronald Reagan had just become governor of California. Aretha Franklin was belting out R-E-S-P-E-C-T on the radio. Marxist revolutionary leader Che Guevara was captured and executed in Bolivia.

And a restaurant chain called The White Spot opened its newest location in Denver, Colorado.

It was a popular diner; the White Spot served pancakes and milkshakes to customers for decades, and ownership of the Denver location eventually changed hands when[...] Click here to continue reading

In the latest sign that absolutely nothing makes sense anymore, WeWork filed formal regulatory paperwork with the Securities and Exchange Commission last week, officially notifying the world that it will soon be going public.

If you haven’t heard of WeWork (or it’s parent-- ‘The We Company’), it’s a real estate company that owns practically zero real estate.

Instead, they lease vast amounts of office space in commercial buildings on long-term contracts, and then[...] Click here to continue reading

Welcome to our Friday roll up, where we highlight the most interesting, absurd, and concerning stories we are following this week.

New Zealand officially legalizes paying employees with crypto-currency 

New Zealand issued a tax bulletin this month officially recognizing that it is legal for employers to pay employees with crypto-currencies like Bitcoin.

The crypto-currencies just have to be able to be converted into fiat currency… which is typically the case with every major crypto.
[...] Click here to continue reading

In 750 BC, according to ancient legend, the twin brothers Romulus and Remus founded a tiny hilltop settlement in central Italy.

Romulus slew his brother for violating a magical superstition, and then named their new city after himself: Rome.

And for the first several centuries of its existence, Rome was nothing special. It was one of many minor kingdoms on a peninsula controlled by the Etruscan civilization… and existed at a time when[...] Click here to continue reading

In the early 1760s, Mayer Rothschild began building a banking dynasty that would last for centuries.

The elder Rothschild sent his five sons across Europe to establish banks in cities like Paris and London.

One son, Nathan Rothschild, took the lead and expanded the family’s banking dynasty.

With siblings in different countries, the family now had a trusted network of lenders with whom they could finance large government projects like infrastructure and[...] Click here to continue reading

I thought in this age of insanity that we are living in, nothing would surprise me anymore. But sure enough, there was a headline in the Financial Times the other day, “Central banks should consider giving people money.”

It seems almost impossible that someone could believe in something so ridiculous. And yet this is the world we are living in. The path to prosperity is now based on unelected central bankers conjuring millions of[...] Click here to continue reading

Welcome to our Friday roll up, where we highlight the most absurd and concerning stories we are following this week.

Dad sued for slander because he criticized the education system

Careful what you say about your kid’s public school curriculum.

The company behind a controversial common core math program in North Carolina is suing a dad for libel and slander.

The parent of a high school student has been on a “crusade,” the[...] Click here to continue reading