The solution to the U.S. welfare-warfare state

American social welfare programs were put into place as a result of the hard times of the Great Depression, created by a bureaucracy that feared joblessness and widespread poverty would spark a revolution in the country. Social welfare made citizens of the United States more comfortable, and anger at the government subsided. Now, more than…

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Women and diabetes death

If you’re a woman with diabetes, you face a much higher risk of death. Australia’s George Institute for Global Health delved more deeply into the sex-specific risks associated with blood sugar problems. They conducted a global study of 12 million people and found that for women, diabetes is far more likely to lead to heart…

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Where to find higher yields when the market sinks

As I was reading the newest memo from Howard Marks of Oaktree Capital, I was reminded of a quote: “With stocks, you have to worry about the market. With debt, I just have to understand the contract. If my analysis is right, I’ll make money.” That nugget was uttered by Marty Whitman, the vocal Wall Street…

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Who should Saint Patrick be to us?

When the Pope authorized the young man who would become Saint Patrick to evangelize Ireland, he prophetically named him Patricius or “father of citizens.” It is not known what his original name was, although he was a Roman and a Briton, born in what we call Wales around 386 CE. He is the patron saint of Ireland,…

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