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Badsamm

Profile Information

Gender: Male
Hometown: California
Home country: USA
Member since: Tue May 20, 2014, 12:09 PM
Number of posts: 14,858

Journal Archives

What do banks that pay Obama $400,000 expect hear that they can't read

In his new book; or rather, what do those banks expect in return for their $400,000?

Harvard 'Shock' Study: Each $1 Minimum Wage Hike Causes 4-10% Increase In Restaurant Failures

Didn't see this coming LOL.

In this paper, we investigate the impact of the minimum wage on restaurant closures using data from the San Francisco Bay Area. We find suggestive evidence that an increase in the minimum wage leads to an overall increase in the rate of exit.

This paper presents several new findings. First, we provide suggestive evidence that higher minimum wage increases overall exit rates among restaurants, where a $1 increase in the minimum wage leads to approximately a 4 to 10 percent increase in the likelihood of exit, although statistical significance falls with the inclusion of time-varying county-level characteristics and city-specific time trends. This is qualitatively consistent but smaller than what Aaronson et al. (forthcoming) find; they show that a 10 percent raise in the minimum wage increases firm exit by approximately 24 percent from a base of 5.7 percent. Differences in sample and specifications may account for the differences between our study and theirs."

http://www.zerohedge.com/news/2017-04-18/harvard-shock-study-each-1-minimum-wage-hike-causes-4-10-increase-restaurant-failure

What country deserves to be bombed the most?

Which one of these country is most responsible for death and destruction world wide? If you had the power and opportunity to rid the world of it's biggest threat to peace, who do you take out first?

Obviously this site is mostly a North American members but I wonder what the global opinion would pick

Top Newspapers Run 18 PRO WAR Stories. NONE Are Critical

[link:https://m.|

Weed Stocks; what are your thoughts?

I'm very interested in weed stocks. I live in San Francisco and it is all around me. It seems like the are only 3 professions in SF Tech, Restaurant/Bar and Weed growing.

Spent the week with a guy doing a $5 million dollar indoor space just down the street from house. And he is small time. This shit blowing up so big. Gold mining companies are about to use their land to grow weed.

Thoughts, links, stocks, put it here.

Cheers

Scorpion stings passenger on United flight

http://www.zerohedge.com/news/2017-04-13/scorpion-stings-passenger-united-flight

"If Fareed Zakaria Could Have Sex With Trump's Missile Strike, He Would"

Video at link. CNN and MSM gets destroyed

[link:https://m.|

Happy Birthday Yemen war! The War In Yemen Explained In 200 Seconds

[link:https://m.youtube.com/watch?time_continue=187&v=SyWJfqpx370&ebc=ANyPxKqRB74u85dr3C8wOj_X8BR6UQVm6dFofiQBp84QC-4TVPaPntCuHWd6VKUruG8RcmR2lUDA5EWupTfRJZFv3lNZE9G1kQ|

Moscow And Beijing Join Forces To Bypass US Dollar In Global Markets, Shift To Gold Trade

The Russian central bank opened its first overseas office in Beijing on March 14, marking a step forward in forging a Beijing-Moscow alliance to bypass the US dollar in the global monetary system, and to phase-in a gold-backed standard of trade.

According to the South China Morning Post the new office was part of agreements made between the two neighbours "to seek stronger economic ties" since the West brought in sanctions against Russia over the Ukraine crisis and the oil-price slump hit the Russian economy.

According to Dmitry Skobelkin, the deputy governor of the Central Bank of Russia, the opening of a Beijing representative office by the Central Bank of Russia was a “very timely” move to aid specific cooperation, including bond issuance, anti-money laundering and anti-terrorism measures between China and Russia.

The new central bank office was opened at a time when Russia is preparing to issue its first federal loan bonds denominated in Chinese yuan. Officials from China’s central bank and financial regulatory commissions attended the ceremony at the Russian embassy in Beijing, which was set up in October 1959 in the heyday of Sino-Soviet relations. Financial regulators from the two countries agreed last May to issue home currency-denominated bonds in each other’s markets, a move that was widely viewed as intended to eventually test the global reserve status of the US dollar.

Speaking on future ties with Russia, Chinese Premier Li Keqiang said in mid-March that Sino-Russian trade ties were affected by falling oil prices, but he added that he saw great potential in cooperation. Vladimir Shapovalov, a senior official at the Russian central bank, said the two central banks were drafting a memorandum of understanding to solve technical issues around China’s gold imports from Russia, and that details would be released soon.

http://www.zerohedge.com/news/2017-04-01/moscow-and-beijing-join-forces-bypass-us-dollar-global-markets-shift-gold-standard

Got gold?

Intel Official Behind "Unmasking" Of Trump Associates Is "Very Senior, Very Well Known"

Day after day, various media outlets, well really mostly the NYT and WaPo, have delivered Trump-administration-incriminating, Russia-link-related tape bombs sourced via leaks (in the hope of keeping the narrative alive and "resisting."). It now turns out, according to FXN report, that the US official who "unmasked" the names of multiple private citizens affiliated with the Trump team is someone "very well known, very high up, very senior in the intelligence world."

As Malia Zimmerman and Adam Housley report, intelligence and House sources with direct knowledge of the disclosure of classified names (yes, yet another "unnamed source") said that House Intelligence Committee Chairman Devin Nunes, now knows who is responsible - and that person is not in the FBI (i.e. it is not James Comey)

Housley said his sources were motivated to come forward by a New York Times report yesterday which reportedly outed two people who helped Nunes access information during a meeting in the Old Executive Office Building. However, Housley’s sources claim the two people who helped Nunes "navigate" to the information were not his sources. In fact, Nunes had been aware of the information since January (long before Trump's 'wiretap' tweet) but had been unable to view the documents themselves because of "stonewalling" by the agencies in question.

http://www.zerohedge.com/news/2017-03-31/intel-official-behind-unmasking-trump-associates-very-senior-very-well-known
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