RSS Zero Hedge

  • Baltimore County Spends $147 Million On School Laptops; Four Years Later Test Scores Still Terrible December 15, 2018
    Four years ago Baltimore County began a $147 million program to put laptops in the hands of students from first through 12th grade in the hopes that access to technology would transform the way kids learn and boost the lowest standardized test scores in the state, according to a new report cited by the Baltimore Sun's Liz […]
    Tyler Durden
  • Could America's "Deep Underground Seismic Scar" Be Re-Awakening? December 15, 2018
    Authored by Michael Snyder via The End of The American Dream blog, Large earthquakes aren’t supposed to happen in Tennessee.  On Wednesday, the largest earthquake in 45 years hit eastern Tennessee, and it made headlines all over the nation.  The magnitude 4.4 quake was so powerful that it was felt in portions of Alabama, Georgia, […]
    Tyler Durden
  • Seattle Home Prices Plunge Again, Down 11% In Six Months  December 15, 2018
    The West Coast has had one of the hottest real estate markets in the country over the last five to eight years, with Denver, San Francisco, San Jose, Los Angeles, and Seattle led the way in home price appreciation. However, the market has recently shifted and ultimately moved in the opposite direction with surging inventory, increased lending limits, and […]
    Tyler Durden
  • Hopkins: "Nothing Scares The Identity Politics Left Like An Actual Working-Class Uprising" December 15, 2018
    Authored (satirically) by CJ Hopkins via The Unz Review, The Indiscreet Charm of the Gilets Jaunes So it appears the privatization of France isn’t going quite as smoothly as planned. As I assume you are aware, for over a month now, the gilets jaunes (or “yellow vests”), a multiplicitous, leaderless, extremely pissed off, confederation of working […]
    Tyler Durden
  • Attention US Millennials: Japan Is Now Giving Away Free Houses December 15, 2018
    There are over 8 million abandoned homes in Japanese suburbs, according to The Japan Times.  If you are a struggling American millennial: you could theoretically move to Japan because the sushi’s fresh, cost of living is low, and the government is giving away free homes.  What is driving the government to give away these homes? Well, there is a massive housing […]
    Tyler Durden
  • Neofeudalism Isn't A Flaw - It's The System Working Perfectly December 15, 2018
    Authored by Charles Hugh Smith via OfTwoMinds blog, Fakery is always precarious: the truth about the asymmetries of power might slip out and spread like wildfire. I've been writing about neofeudalism and its cousin neocolonialism for seven years: 500 Million Debt-Serfs: The European Union Is a Neo-Feudal Kleptocracy (July 22, 2011) The E.U., Neofeudalism and the […]
    Tyler Durden
  • Obamacare Gutted: Core Provisions Ruled Unconstitutional By Texas Judge December 15, 2018
    Core provisions of the Affordable Care Act, also known as Obamacare, were ruled unconstitutional by a Texas judge on Friday following a lawsuit brought by a group of Republican attorneys general from 20 states against Democratic attorneys general from 14 states led by California's Xavier Becerra. According to court documents (below) US District Judge Reed O'Connor of Fort […]
    Tyler Durden
  • Incarceration Crisis: 50% Of Americans Have Had A Family Member Jailed  December 15, 2018
    The impact of the incarceration crisis on America’s families and communities has been staggering, according to a new survey by criminal justice non-profit FWD.us and Cornell University. The survey found that today's incarceration rate stands at 710 inmates per 100,000 people compared to 147 in the United Kingdom, 118 in Canada and 98 in France. FWD.us […]
    Tyler Durden
  • Washington Is Changing The World Order Against Its Own Interests: PCR December 15, 2018
    Authored by Paul Craig Roberts, The hubris and arrogance of Washington have been at work since the Clinton regime to destroy the power and relevance of the United States. This website has an international audience. The most asked question from this audience is the world order. There is a realization that Washington’s control might weaken, […]
    Tyler Durden
  • "If This Continues, We’re Going To Start Hearing Some Fund Liquidity Issues" December 15, 2018
    Up until the end of September, credit investors in particular and Wall Street in general had nothing but good things to say about the leveraged loan market and demand for new issuance seemed relentless, despite growing warnings from various third parties and websites such as this one. And then, loan pricing nose-dived along with prices […]
    Tyler Durden
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