Americans Are Ditching Their TVs in Record Numbers. Here’s What They’re Watching. #NewWorldNextWeek

Source: TheCorbettReport | Media Monoarchy
James Corbett | James Evan Pilatto
March 2, 2017

Welcome to New World Next Week – the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news. This week:

Story #1: Mexican Drug King Worked for CIA, Says His Son
http://bit.ly/2mHQbaH

The CIA And The Drug Trade
http://bit.ly/2mw1hCN

Fill The Swamp: Trump Wants Record $54B Increase In Military Spending
http://bit.ly/2lYKaGA

Story #2: Minimum Wage Massacre As Wendy’s Unleashes 1,000 Robots To Counter Higher Labor Costs
http://bit.ly/2mvSFMf

The Robot That Takes Your Job Should Pay Taxes, Says Bill Gates
http://bit.ly/2lfoBEC

FriendFace Testing AI To Spot Potentially Suicidal Members
http://bit.ly/2luL37N

Google Can* (*Will/Did) Remotely Reset Your Google Router
http://bit.ly/2mvPEM2

Stuffed CloudPets Toys Leak Millions Of Voice Recordings From Kids, Parents
http://bit.ly/2lYNIbK

Story #3: Americans Have Fewer TVs On Average Than They Did In 2009
http://bit.ly/2mvS39A

Big victories for marijuana, minimum wage & ‘right to die’ laws

Source: RT
November 11, 2016

Donald Trump wasn’t the only big winner on election night: Several states passed major ballot measures that are raising eyebrows. Four states voted to both legalize recreational marijuana as well as to increase the minimum wage. Colorado passed a “right to die” law which legalizes assisted suicide in the state and Nebraska voted to repeal their ban on the death penalty. RT America’s Manila Chan has the report.

California Gov. Signs Minimum Wage Hike: Admits It “Doesn’t Make Economic Sense” As Locals Flee For Texas

Source: ZeroHedge.com
April 5, 2016

As we discussed previously states such as California are saying to hell with economics in their efforts to appease their voting base. Yesterday, both New York and California signed legislation to raise the minimum wage to $15 an hour. New York will phase in the $6 an hour increase over three years, and California will phase in their $5 an hour increase over the next six years.

The irony of the situation, which will most certainly go under reported, is that even California’s Governor Brown knows that it’s not the right decision to make economically. Regarding the actual economic impact, California’s Governor Brown was quoted as saying that “economically, minimum wages may not make sense.”

This is clear.

As we noted before, it is even clear to the locals businesses owners like the Marmalade Café which has seven locations. “First, you have to raise prices, otherwise you’ll be out of business,” owner Selwyn Yosslowitz told the Times. So higher prices for diners. That’s “first.” We imagine you can guess what’s “second.” “We will try to re-engineer the labor force,” Yosslowitz said. “Maybe try to reduce the number of bus boys and ask servers to bus tables.” In other words: “Maybe” we’ll fire some folks and the people who keep their jobs will have to be more efficient. 

Yosslowitz also worries about the dynamic we’ve discussed over the course of documenting Wal-Mart’s experience with wage hikes: namely that you have to preserve the wage hierarchy. You can’t hike wages for the lowest paid workers and then expect those further up the pay ladder to be satisfied with what they made before. “The other big worry [is] that employees already making $15 an hour will demand a raise as well”, Yosslowitz said. “It’s a chain reaction.”

Continue Reading At: ZeroHedge.com