DECEMBER 30, 2016

Some Housekeeping:

1. If you scroll down the sidebar at krisroley.com, you'll notice a new section called Listen.  Strangely, it's got all the different places you can listen to or subscribe to the show. I'll add more ways as, well, I make the money to pay for the premium services I'm gonna need at those places.  

2. If you're the sort of person that actually comes to the website, check the homepage for the running link list posted every day.  At some point during the day (I haven't decided what time yet, I'm thinking 3 pm Eastern) I will cut it off and make a blog post out of it. Then it will post to the Human Highlight reels. 

Having said that, let's go trawling. 

Links...

First off, here are the day's Headlines, courtesy of Democracy Now!  Amy Goodman is getting to be one of the only journalists I trust to actually report straight news anymore, so I'll try to link to her headline segment every day.  You deserve no bullshit. 

I've got a piece today on the blog, 2016 in Review.  Have a look. 

FAST COMPANY: YOUR GUIDE TO GENERATION Z

Spartz believes that because generation Z grew up amid the Occupy Wall Street movement, which portrayed big banking and corporate greed as public enemy No. 1, this has further aggravated their distrust of the behemoths. "Some of the anti-establishment sentiment has penetrated this generation," he says. "Big brands are the establishment and having a recognizable animal on the top right-hand corner of your shirt signals that you are part of the establishment."

They also grew up during the Great Recession and may have a similar financial mindset and drive as those who grew up during the Great Depression.  The pendulum swings back towards frugality and a competitive drive.  

It's possible that this Generation may right the collective narcissism of the Baby Boomer generation, the effects of which trail right through Gen X and Millenials.  

HUSTLE: FLIPPING HOUSES IS BACK

Thanks to rising home prices, combined with an influx of VC and Wall Street cash, house flipping is back.

In the past few months, banks like Wells Fargo, Goldman, and JPMorgan have all started offering credit lines to lending companies specializing in house flipping.

And thanks to this aggressive push, the market for house flipping loans will reach about $48b (that’s billion with a B, people) this year alone, the highest since the peak of the bubble in 2006.

I'm kind of glad Gen Z has developed those virtues I mentioned above, because with the banks still able to play with the house money, there are good odds that we're seeing the beginning of another bubble right here.  Watch this space.  

PEW: 10 SIGNIFICANT EVENTS OF OUR GENERATIONAL LIFETIMES

The survey finds that Americans are primarily bound together by their generation and the major events that occurred during their formative years. For the oldest Americans, the Silent and Greatest generations, that unifying event is World War II. For Baby Boomers, the assassination of John F. Kennedy and the Vietnam War are defining moments. For Millennials and Gen Xers, the 9/11 terror attacks and the Obama election leads the list by a greater margin than for other generations.

Noting the exception of 9/11, note the relative ages of when respondents likely were when the event on their list took place.  My guess is most of these happened in their formative years or young adulthood.  The Challenger disaster happened when I was 16, and I can still remember it like it was yesterday.

One further note to add: For Generation X and Millenials, every single event that was listed was covered extensively on cable news.  I wonder how that might affect their memory of it.

INDEPENDENT: SESAME CREDIT

Most insidious of all, the app will have real world consequences. According to Extra Credits, high scores will grant users benefits: "Like making it easier to get the paperwork you need to travel or making it easier to get a loan."  

Although the ratings are currently optional, the social tool will become mandatory by 2020. 

There have even been rumours about implementing penalties for low scores: "Like slower internet speeds, or restricting jobs a low scoring person is allowed to hold."

The system could also become a powerful tool for social conditioning, as users could lose points for having friends with low obedience scores.

And they could have levels like Alpha, Beta, Delta...

O Brave New World, that has such people in it.

Roley

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