Hayek, Orwell, And 'The End Of Truth'

Kering And Hermès Sink As War Batters Earnings; Goldman Warns Luxury Dip-Buying Is "Premature" Goldman's Natasha de la Grense summed it up well this morning: "Money was waiting on the sidelines to buy luxury for a de-escalation play – that feels premature with three misses in three days."  Disappointments from Kering and Hermès, both of which fell short of analyst estimates, reinforced the view that the industry of fine wine, overpriced shirts, shoes, belts, and designer bags, is not yet out of the woods and sent the Goldman Sachs EU Luxury...

CEO Saves His Failing Company By Firing Entire HR Department When Elon Musk purchased Twitter and took the company over in 2022, he proceeded to fire approximately 80% of the social media company's bloated 7500 person workforce.  This included almost all HR related employees.  The company roster was pared down to a lean 1500 people.  Everyone in the establishment media claimed that Twitter (now called "X") was going to collapse.  The political left and their corporate allies did everything in their power to make this happen, including advertising cancellations and even...

Bombshell CIA Testimony: Fauci Accused Of Intentionally Burying COVID Lab-Leak Evidence Authored by Steve Watson via Modernity.news, A CIA operations officer provided explosive sworn testimony Wednesday before the Senate Homeland Security and Governmental Affairs Committee, accusing Dr. Anthony Fauci of directly intervening in the intelligence community’s review of COVID-19’s origins. James Erdman III, a veteran CIA special operations officer, told senators that in August 2021 the intelligence community was on the verge of concluding the virus most likely leaked from a lab in Wuhan, China. Days later, that position reversed with no...