DOJ Alleges UCLA Law School Discriminated By Race In Admissions

Majority Of Voters Concerned About Socialists Running For Office; New Poll Finds Authored by Sarah Roderick-Fitch via The Center Square, A majority of American voters are concerned with socialist candidates running and possibly winning political office, according to a new poll. The Center Square Voters' Voice poll found that 55% of American voters are concerned about Democratic Socialist candidates running for and winning elected office in the U.S., while 37% aren't concerned. A slew of candidates running as democratic socialists appears to be raising alarms with a majority of American voters. Of the 55%...

Lawmakers Introduce Bipartisan Bill To Ban Sports Betting Via Prediction Markets Lawmakers have never met a market they didn't want to control. And when they can't do that, they try to crush them - sometimes after taking six-figure donations from competing lobbies. To wit; Sens. Adam Schiff (D-CA), and John Curtis (R-UT), on Monday introduced legislation that would prohibit federally regulated prediction-market platforms from offering wagers on sports events, targeting what they call a regulatory backdoor that has let online betting proliferate beyond state control. Reading between the lines, prediction market betting is...

What If The Automatic Stock Buying Just...Stops?  Submitted by QTR's Fringe Finance My readers know that for the last couple of years I’ve repeatedly warned about the “passive bid” in markets. By that I mean the constant, automatic buying of stocks driven by retirement plans, ETFs, and other systematic investment programs. This bid isn’t discretionary. It doesn’t ask whether valuations are reasonable and it doesn’t care whether earnings justify prices. It simply asks one question: did money flow in? If the answer is yes, it buys. It buys regardless of valuation, regardless of...