Author Archives: John Thomas

Social and Economic Background is now part of the new college SAT

“Knowledge is good.” The famous quote on the statue of Emil Faber, founder of the fictitious Faber College in the film, Animal House. While the Greek system is not under the microscope at the moment, admission to colleges and universities is front and center. The latest college admissions scam by the elite and Hollywood left have again opened the door ...

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China’s Brutal Communist Party Chief Chen Quanguo – No Chance of Isis Attacks in the Xinjiang Region

Chen Quanguo, Communist Party chief for the past 2½ years, is to Chairman Xi. His hardline crackdown on ethnic Uighurs and other Muslim minorities in the industrial region of Xinjiang has created a propagandist police state the size of which had never been seen in China

It’s all about control, but control doesn’t happen without economic dominance. Just look around the globe. U.S. is number one. China is number two, in terms of economic size. Control of the populous is something that the Chinese are quite efficient at, and it all leads down the Silk Road. Economic mercantilism is alive and well in China, particularly in ...

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Tariffs will not affect 59% of Small Businesses

The stock market is tumbling and investors fear for their assets. Large firms are calculating the potential deleterious results of a tariff war on their bottom line. However, a recent Bank of America (BOA) survey showed that 59% of small business owners will not feel any effects from a tariff war. According to Bank of America’s Spring 2019 Small Business Owner ...

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Communist Lifestyle fully fulfilled in Russian Heartland

As a fellow surf, Stalin would be envious of the growing class divide in modern Russia. After all, the dream of the withering away of the state into a classless society kept him up at nights. The fact that Russia alone has over 100 billionaires, and yet one-third of the country cannot afford two pairs of shoes is the icing ...

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The Big Short of the 2008 Housing Bubble may be back

Don’t worry if you didn’t read Michael Lewis’s book, The Big Short, or even if you missed the cinematic version, you will get a chance to experience it again in another form. As I’ve I said many times before, history repeats itself, and you are doomed if you don’t know history. While on the subject, let’s take a brief stroll ...

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Generation Z could hold the Future for the Auto Industry

The resurgence of millennials to urban areas has caused concern in recent years for the automobile industry. As anyone who has lived in a large city as a youth, they will likely tell you that a car is a liability. Payments, insurance, tickets, parking, yadda, yadda. I have a 27 year old daughter who lives in Georgetown in D.C., and ...

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How the Financial System Handles Money Laundering

The first thought to hit my mind when I think of money laundering or “dirty money,” is the scene from the 1983 drama Scarface, where sacks of cash were brought through the front door of a quote-unquote, reputable bank, by known drug dealers, who ostensibly pass as legitimate businessmen. It may or may not be the wild “cocaine cowboy” days ...

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Hong Kong Today after Two Decades of British Cession

In a scholarly paper put forth by Jacques deLisle, Director of the Center for East Asian Studies at Penn, he proposes the seldom-asked question of what is the state of affairs in Hong Kong today, two decades after the end of British imperialism. There are many reasons one should care of such, most notably the relationship Hong Kong has with ...

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How to take advantage of slowing Global Markets

I don’t know about you, but I’ve tired of the ping-pong game of international trade, particularly between China and the U.S. If you read the news each day, it is like volleying a tennis ball back and forth, with no winner or end to the match in sight. Welcome to the world of international trade. Yesterday’s headlines say tariffs are ...

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